简介:Thepresentpaperemploystechniqueofgeographicalweightedregression(GWR)tomakeanempiricalstudyofChina'sR&Dknowledgespilloversatcitylevel.Conventionalregressionanalysiscanonlyproduce'aver-age'and'global'parameterestimatesratherthan'local'parameterestimateswhichvaryoverspaceinsomespatialsystems.Geographicallyweightedregression(GWR),ontheotherhand,isasimplebutusefulnewtechniquefortheanalysisofspatialnonstationarity.ResultsshowthatthereisasigniicantdifferencebetweenOLSandGWRinestimatingtheparametersofR&Dknowledgeproduction,andthattherelationshipsbetweenlevelofregionalinnovationactivitiesandvariousfactorsshowconsiderablespatialvariability.
简介:可转换债券的价值由纯债券价值及期权价值共同构成.文章通过引入Black-Scholes定价模型评估期权价值,对该模型在我国使用的前提条件、限制因素以及计算结果的调整进行了简单的分析,从理论上阐述了可转换债券的评估方法.