Given the large amount of railway maintenance work in China, whereas the maintenance time window is continuously compressed, this paper proposes a novel network model-based maintenance planning and optimization method, transforming maintenance planning and optimization into an integer linear programming problem. Based on the dynamic inspection data of track geometry, the evaluation index of maintenance benefit and the model of the decay and recovery of the track geometry are constructed. The optimization objective is to maximize the railway network’s overall performance index, considering budget constraint, maximum length constraint, maximum number of maintenance activities within one single period constraint, and continuity constraint. Using this method, the track units are divided into several maintenance activities at one time. The combination of surrounding track units can be considered for each maintenance activity, and the specific location, measure, time, cost, and benefit can be determined. Finally, a 100 km high-speed railway network case study is conducted to verify the model’s effectiveness in complex optimization scenarios. The results show that this method can output an objective maintenance plan; the combination of unit track sections can be considered to expand the scope of maintenance, share the maintenance cost and improve efficiency; the spatial-temporal integrated maintenance planning and optimization can be achieved to obtain the optimal global solution.
This study analyzes the highly disruptive transportation business in Indonesia. The purpose of observation is to completely synthesize disruptive transportation that causes bad externalities in society. Data sources come from primary data of interviews and secondary data of related literature. The research method uses critical qualitative with a combination of in-depth interviews with several stakeholders. Key findings suggest that trust, consistency, capital ownership and proximity of new entrants to incumbents are important in disruptive innovation processes, empirical implications that transportation in Indonesia has undergone a definite economic shift. The results showed that although the government has publicly expressed its full support for any individual who will develop a business in the digital economy model, it is not effective enough to be consistent in the transportation business. Policy recommendations include adaptive training incentive programs for incumbent groups and accelerated funding assistance for new entrant groups, in addition to strengthening active collaboration between the government and the private sector is urgently needed.
Since 2022, global geopolitical conflicts have intensified, and there has been a notable increase in the international community’s demand for currency diversification. This has created a new opportunity for the internationalization of the Renminbi (RMB). This paper examines the factors influencing the internationalization of the RMB, with a particular focus on its role as a unit of account, medium of exchange and store of value. These functions are considered in conjunction with the digital technological innovation represented by e-CNY. The methodology employed is based on the vector autoregression (VAR) model, Granger causality test and variance decomposition analysis. The Granger causality test indicates that digital technology innovation is not the primary driver of RMB internationalization at this juncture. The impulse response analysis and variance decomposition analysis revealed that the impact and direction of influence exerted by the various factors on RMB internationalization exhibit considerable discrepancies.
This study investigates the complex interrelationship between democracy, corruption, and economic growth in Greece over the period 2012–2022. Using data from Transparency International, the Economist Intelligence Unit, and Eurostat, appropriate methods such as Ordinary Least Squares (OLS) regression, Generalized Method of Moments(GMM) estimation, and Granger causality tests were applied. The findings reveal that increased democracy correlates positively with reported corruption, likely reflecting heightened transparency and exposure. Conversely, economic growth shows a negative association with corruption, underlining the role of structural reforms and institutional improvements. These insights emphasize the need for strengthening democratic institutions, promoting digital governance, and implementing targeted economic reforms to reduce corruption and foster sustainable development.
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