China’s economic structure has made subtle changes with the development of digital economy. Along with the marginal diminishing effect of Chinese monetary policies and the increase of the overall leverage ratio, the Chinese economic growth mode of relying on real estate, trade and infrastructure construction in the past will not be sustainable in the next decade. This paper makes a theoretical analysis on the reduction of the search cost in digital economy. Also, this paper used empirical methods to study the relationship between China’s economic growth and digital infrastructure construction. In conclusion, the digital economy has reduced the search cost for people, and big data will become a product factor participating in labor distribution. In addition, this paper proposes for the first time that digital economy can effectively restrain inflation. The Chinese government needs to attach importance to the issue that current internet enterprise oligarchs will probably monopolize the usage of big data in the development of digital economy in the future and become the obstacle to effective economic growth. In addition, close attention should be paid to the vulnerabilities of financial and taxation systems for digital economic entities to avoid continuous disguised tax subsidies to internet oligarchs, thus preventing industrial monopoly.
Using a newly-developed data set for Portugal, we analyze the industry-level effects of infrastructure investment. Focusing on the divide between traded and non-traded industries, we find that infrastructure investments have a non-traded bias, as these shift the industry mix towards private and public services. We also find that the industries that benefit the most in relative terms are all non-traded: construction, trade, and real estate, among the private services, and education and health, among the public services. Similarly, emerging trading sectors, such as hospitality and professional services, stand to gain. The positive impacts on traded industries are too small to make a difference. These results highlight that infrastructure-based strategies are not neutral in terms of the industry mix. Moreover, with most of the benefits accruing to non-traded industries, such a development model that is heavily based on domestic demand may be unsustainable in light of Portugal’s current foreign account position.
BiVO4 was hydrothermally synthesized under different preparing conditions and characterized by XRD, SEM, Raman spectrum and BET specific surface area. The influence of different pH value and annealing temperature and hydrothermal time on the morphologies and structures of the BiVO4 samples was investigated systematically. It can be found that annealing would eliminate the effects caused by the pH of precursor, heating temperature and heating time, but preparing conditions still influenced the size and specific surface area of samples. Furthermore, the photocatalytic activities of the fabricated BiVO4 were also evaluated by the degradation of methyl blue in aqueous solution under UV and visible light irradiation.
Exposure to high-frequency (HF) electromagnetic fields (EMF) has various effects on living tissues involved in biodiversity. Interactions between fields and exposed tissues are correlated with the characteristics of the exposure, tissue behavior, and field intensity and frequency. These interactions can produce mainly adverse thermal and possibly non-thermal effects. In fact, the most expected type of outcome is a thermal biological effect (BE), where tissues are materially heated by the dissipated electromagnetic energy due to HF-EMF exposure. In case of exposure at a disproportionate intensity and duration, HF-EMF can induce a potentially harmful non-thermal BE on living tissues contained within biodiversity. This paper aims to analyze the thermal BE on biodiversity living tissues and the associated EMF and bio-heat (BH) governing equations.
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