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Search Results (2,495)

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Keywords = allocation cost

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15 pages, 1599 KiB  
Article
From Aid to Impact: The Cost-Effectiveness of Global Health Aid in Sub-Saharan Africa and the Evolving Role of Microinsurance
by Symeon Sidiropoulos, Alkinoos Emmanouil-Kalos, Michail Chouzouris, Panos Xenos and Athanassios Vozikis
Healthcare 2025, 13(14), 1716; https://doi.org/10.3390/healthcare13141716 - 16 Jul 2025
Abstract
Background: Development Assistance for Health (DAH) plays a vital role in health financing across Sub-Saharan Africa, particularly in tackling communicable diseases such as HIV/AIDS, malaria, and tuberculosis. Despite its importance, the efficiency and equity of DAH allocation remain contested. Objectives: The study [...] Read more.
Background: Development Assistance for Health (DAH) plays a vital role in health financing across Sub-Saharan Africa, particularly in tackling communicable diseases such as HIV/AIDS, malaria, and tuberculosis. Despite its importance, the efficiency and equity of DAH allocation remain contested. Objectives: The study aims to evaluate the cost-effectiveness of DAH in Sub-Saharan Africa from 1995 to 2018, as well as to explore differences in efficiency across diseases and country contexts. Methods: Data were drawn from the Institute for Health Metrics and Evaluation and applied Generalized Cost-Effectiveness Analysis in conjunction with the Gross Domestic Product-based thresholds. Averted Disability-Adjusted Life Years were analyzed across countries and diseases, and countries were categorized by the Human Development Index (HDI) level to assess differential DAH performance. Results: DAH cost-effectiveness showed similar patterns across HDI groups, with roughly equal proportions of cost-effective and dominated outcomes in both low- and middle-HDI countries. Thirteen countries were identified as very cost-effective, nine as cost-effective, and two as non-cost-effective. Twenty-one countries were dominated, reflecting persistent inefficiencies in aid impact that transcends the various levels of development. Conclusions: Tailoring DAH allocation to specific disease burdens and development levels enhances its impact. The study underscores the need for targeted investment and a strategic shift toward integrated health system strengthening. Additionally, microinsurance is highlighted as a key mechanism for improving healthcare access and financial protection in low-income settings. Full article
(This article belongs to the Section Health Policy)
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22 pages, 1282 KiB  
Article
A Two-Stage Optimization Framework for UAV Fleet Sizing and Task Allocation in Emergency Logistics Using the GWO and CBBA
by Yongchao Zhang, Wei Xu, Helin Ye and Zhuoyong Shi
Drones 2025, 9(7), 501; https://doi.org/10.3390/drones9070501 - 16 Jul 2025
Abstract
The joint optimization of fleet size and task allocation presents a critical challenge in deploying Unmanned Aerial Vehicles (UAVs) for time-sensitive missions such as emergency logistics. Conventional approaches often rely on pre-determined fleet sizes or computationally intensive centralized optimizers, which can lead to [...] Read more.
The joint optimization of fleet size and task allocation presents a critical challenge in deploying Unmanned Aerial Vehicles (UAVs) for time-sensitive missions such as emergency logistics. Conventional approaches often rely on pre-determined fleet sizes or computationally intensive centralized optimizers, which can lead to suboptimal performance. To address this gap, this paper proposes a novel two-stage hierarchical framework that integrates the Grey Wolf Optimizer (GWO) with the Consensus-Based Bundle Algorithm (CBBA). At the strategic level, the GWO determines the optimal number of UAVs by minimizing a comprehensive cost function that balances mission efficiency and operational costs. Subsequently, at the tactical level, the CBBA performs decentralized, real-time task allocation for the optimally sized fleet. We validated our GWO-CBBA framework through extensive simulations against three benchmarks: a standard CBBA with a fixed fleet, a centralized Particle Swarm Optimization (PSO) approach, and a Greedy Heuristic algorithm. The results are compelling: our framework demonstrates superior performance across all key metrics, reducing the overall scheduling cost by 13.2–36.5%, minimizing UAV mileage cost and significantly decreasing total task waiting time. This work provides a robust and efficient solution that effectively balances operational costs with service quality for dynamic multi-UAV scheduling problems. Full article
32 pages, 5084 KiB  
Article
Scheduling and Routing of Device Maintenance for an Outdoor Air Quality Monitoring IoT
by Peng-Yeng Yin
Sustainability 2025, 17(14), 6522; https://doi.org/10.3390/su17146522 - 16 Jul 2025
Abstract
Air quality monitoring IoT is one of the approaches to achieving a sustainable future. However, the large area of IoT and the high number of monitoring microsites pose challenges for device maintenance to guarantee quality of service (QoS) in monitoring. This paper proposes [...] Read more.
Air quality monitoring IoT is one of the approaches to achieving a sustainable future. However, the large area of IoT and the high number of monitoring microsites pose challenges for device maintenance to guarantee quality of service (QoS) in monitoring. This paper proposes a novel maintenance programming model for a large-area IoT containing 1500 monitoring microsites. In contrast to classic device maintenance, the addressed programming scenario considers the division of appropriate microsites into batches, the determination of the batch maintenance date, vehicle routing for the delivery of maintenance services, and a set of hard constraints such as QoS in air quality monitoring, the maximum number of labor working hours, and an upper limit on the total CO2 emissions. Heuristics are proposed to generate the batches of microsites and the scheduled maintenance date for the batches. A genetic algorithm is designed to find the shortest routes by which to visit the batch microsites by a fleet of vehicles. Simulations are conducted based on government open data. The experimental results show that the maintenance and transportation costs yielded by the proposed model grow linearly with the number of microsites if the fleet size is also linearly related to the microsite number. The mean time between two consecutive cycles is around 17 days, which is generally sufficient for the preparation of the required maintenance materials and personnel. With the proposed method, the decision-maker can circumvent the difficulties in handling the hard constraints, and the allocation of maintenance resources, including budget, materials, and engineering personnel, is easier to manage. Full article
(This article belongs to the Section Sustainable Engineering and Science)
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25 pages, 732 KiB  
Article
Accuracy-Aware MLLM Task Offloading and Resource Allocation in UAV-Assisted Satellite Edge Computing
by Huabing Yan, Hualong Huang, Zijia Zhao, Zhi Wang and Zitian Zhao
Drones 2025, 9(7), 500; https://doi.org/10.3390/drones9070500 - 16 Jul 2025
Abstract
This paper presents a novel framework for optimizing multimodal large language model (MLLM) inference through task offloading and resource allocation in UAV-assisted satellite edge computing (SEC) networks. MLLMs leverage transformer architectures to integrate heterogeneous data modalities for IoT applications, particularly real-time monitoring in [...] Read more.
This paper presents a novel framework for optimizing multimodal large language model (MLLM) inference through task offloading and resource allocation in UAV-assisted satellite edge computing (SEC) networks. MLLMs leverage transformer architectures to integrate heterogeneous data modalities for IoT applications, particularly real-time monitoring in remote areas. However, cloud computing dependency introduces latency, bandwidth, and privacy challenges, while IoT device limitations require efficient distributed computing solutions. SEC, utilizing low-earth orbit (LEO) satellites and unmanned aerial vehicles (UAVs), extends mobile edge computing to provide ubiquitous computational resources for remote IoTDs. We formulate the joint optimization of MLLM task offloading and resource allocation as a mixed-integer nonlinear programming (MINLP) problem, minimizing latency and energy consumption while optimizing offloading decisions, power allocation, and UAV trajectories. To address the dynamic SEC environment characterized by satellite mobility, we propose an action-decoupled soft actor–critic (AD-SAC) algorithm with discrete–continuous hybrid action spaces. The simulation results demonstrate that our approach significantly outperforms conventional deep reinforcement learning methods in convergence and system cost reduction compared to baseline algorithms. Full article
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33 pages, 2113 KiB  
Article
Electric Multiple Unit Spare Parts Vendor-Managed Inventory Contract Mechanism Design
by Ziqi Shao, Jie Xu and Cunjie Lei
Systems 2025, 13(7), 585; https://doi.org/10.3390/systems13070585 - 15 Jul 2025
Abstract
As electric multiple unit (EMU) operations and maintenance demands have expanded, spare parts supply chain management has become increasingly crucial. This study emphasizes the supply challenges of EMU spare parts, including inadequate minimum inventory levels and prolonged response times. Redesigning the OEM–railway bureau [...] Read more.
As electric multiple unit (EMU) operations and maintenance demands have expanded, spare parts supply chain management has become increasingly crucial. This study emphasizes the supply challenges of EMU spare parts, including inadequate minimum inventory levels and prolonged response times. Redesigning the OEM–railway bureau vendor-managed inventory (VMI) model contract incentive and penalty system is the key goal. Connecting the spare parts supply system with its characteristics yields a game theory model. This study analyzes and compares the equilibrium strategies and profits of supply chain members under different mechanisms for managing critical spare parts. The findings demonstrate that mechanism contracts can enhance supply chain performance in a Pareto-improving manner. An in-depth analysis of downtime loss costs, procurement challenges, and order losses reveals their effects on supply chain coordination and profit allocation, providing railway bureaus and OEMs with a theoretical framework for supply chain decision-making. This study offers theoretical justification and a framework for decision-making on cooperation between OEMs and railroad bureaus in the management of spare parts supply chains, particularly for extensive EMU operations. Full article
(This article belongs to the Section Supply Chain Management)
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18 pages, 1945 KiB  
Article
Research on an Active Distribution Network Planning Strategy Considering Diversified Flexible Resource Allocation
by Minglei Jiang, Youqing Xu, Dachi Zhang, Yuanqi Liu, Qiushi Du, Xiaofeng Gao, Shiwei Qi and Hongbo Zou
Processes 2025, 13(7), 2254; https://doi.org/10.3390/pr13072254 - 15 Jul 2025
Abstract
When planning distributed intelligent power distribution networks, it is necessary to take into account the interests of various distributed generation (DG) operators and power supply enterprises, thereby diversifying and complicating planning models. Additionally, the integration of a high proportion of distributed resources has [...] Read more.
When planning distributed intelligent power distribution networks, it is necessary to take into account the interests of various distributed generation (DG) operators and power supply enterprises, thereby diversifying and complicating planning models. Additionally, the integration of a high proportion of distributed resources has triggered a transformation in the power flow pattern of active distribution networks, shifting from the traditional unidirectional flow mode to a bidirectional interactive mode. The intermittent and fluctuating operation modes of distributed photovoltaic and wind power generation have also increased the difficulty of distribution network planning. To address the aforementioned challenges, this paper proposes an active distribution network planning strategy that considers the allocation of diverse flexible resources, exploring scheduling flexibility from both the power supply side and the load side. Firstly, a bi-level optimization model integrating planning and operation is constructed, where the upper-level model determines the optimal capacity of investment and construction equipment, and the lower-level model formulates an economic dispatching scheme. Through iterative solving of the upper and lower levels, the final planning strategy is determined. Meanwhile, to reduce the complexity of problem-solving, this paper employs an improved PSO-CS hybrid algorithm for iterative optimization. Finally, the effectiveness and feasibility of the proposed algorithm are demonstrated through validation using an improved IEEE-33-bus test system. Compared with conventional algorithms, the convergence speed of the method proposed in this paper can be improved by up to 21.4%, and the total investment cost can be reduced by up to 3.26%. Full article
(This article belongs to the Special Issue Applications of Smart Microgrids in Renewable Energy Development)
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27 pages, 1115 KiB  
Article
The Impact of Cost Stickiness on R&D Investment and Corporate Performance: An Empirical Analysis of Japanese Firms
by Shoichiro Hosomi and Gongye Ge
J. Risk Financial Manag. 2025, 18(7), 388; https://doi.org/10.3390/jrfm18070388 - 14 Jul 2025
Viewed by 153
Abstract
This study examines the impact of cost stickiness on research and development (R&D) investment and corporate performance in Japanese firms. Additionally, it investigates the moderating effect of managerial overconfidence and financial slack. To do so, we analysed a sample of 4877 observations from [...] Read more.
This study examines the impact of cost stickiness on research and development (R&D) investment and corporate performance in Japanese firms. Additionally, it investigates the moderating effect of managerial overconfidence and financial slack. To do so, we analysed a sample of 4877 observations from Japanese firms listed on the Tokyo Stock Exchange between 2014 and 2020. The results show that cost stickiness generally promotes R&D investment while negatively affecting corporate performance. Further, although managerial overconfidence does not moderate the relationship between cost stickiness and R&D investment, it weakens the negative effect of cost stickiness on corporate performance. Meanwhile, financial slack strengthens the positive impact of cost stickiness on R&D investment, but it does not moderate the relationship between cost stickiness and corporate performance. These findings provide strategic insights into resource allocation behaviour in driving innovation and influencing corporate outcomes in the Japanese market context. Full article
(This article belongs to the Special Issue Innovations and Challenges in Management Accounting)
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22 pages, 1725 KiB  
Article
Capacity Optimization for Coordinated Operation of Hybrid Electrolytic Cells Based on Wavelet Packet
by Yi Yang, Bowen Zhou, Yang Xu, Juan Zhang, Bo Yang, Guiping Zhou and Shunjiang Wang
Sustainability 2025, 17(14), 6412; https://doi.org/10.3390/su17146412 - 13 Jul 2025
Viewed by 201
Abstract
Hydrogen production through electrolysis of water can achieve efficient, stable and diversified utilization of renewable energy. To this end, a hybrid electrolyzer system for hydrogen production based on bi-layer optimization is constructed. Firstly, the wind and photovoltaic power is decomposed into high-frequency and [...] Read more.
Hydrogen production through electrolysis of water can achieve efficient, stable and diversified utilization of renewable energy. To this end, a hybrid electrolyzer system for hydrogen production based on bi-layer optimization is constructed. Firstly, the wind and photovoltaic power is decomposed into high-frequency and low-frequency components by an adaptive wavelet packet. The low-frequency power is allocated to the alkaline electrolyzers (AWE) to ensure its stability, and the high-frequency power is allocated to the proton exchange membrane electrolyzers (PEM) with a faster response characteristic, thereby improving the energy utilization rate. This paper proposes a bi-layer optimization model, in which the upper-layer objective is to minimize the cost of mixed hydrogen production, and the lower-layer optimization objective is to maximize the utilization rate of renewable energy. The differential evolution algorithm optimizes the upper-layer objective, with results sent to the lower layer. Then, the YALMIP toolbox is used to solve the lower-layer objective. Through case analysis, the optimal proportion of AWE and PEM hydrogen electrolyzers obtained by this optimization method is 89.5 and 10.5, respectively. Compared with a single type of electrolyzer, the method proposed in this paper effectively improves the energy utilization efficiency and reduces the cost of hydrogen production. Full article
(This article belongs to the Topic Clean Energy Technologies and Assessment, 2nd Edition)
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26 pages, 2939 KiB  
Article
Research on Investment Decisions and the Coordination of Emission Reduction in the Logistics Service Supply Chain Considering Technical Innovation Output Uncertainty
by Guangsheng Zhang and Zhaomin Zhang
Systems 2025, 13(7), 572; https://doi.org/10.3390/systems13070572 - 11 Jul 2025
Viewed by 134
Abstract
In the face of economic, social, and environmental pressures, the issue of sustainable development has garnered widespread attention in the Logistics Service Supply Chain (LSSC) with risk attitudes under Technical Output Uncertainty. In this regard, this paper first constructs an optimal emission reduction [...] Read more.
In the face of economic, social, and environmental pressures, the issue of sustainable development has garnered widespread attention in the Logistics Service Supply Chain (LSSC) with risk attitudes under Technical Output Uncertainty. In this regard, this paper first constructs an optimal emission reduction investment game model for an LSSC composed of Logistics Service Integrators (LSIs) and Logistics Service Providers (LSPs) against the backdrop of Technical Output Uncertainty. To this end, it quantifies the participants’ risk attitudes using a mean-variance model to analyze optimal emission reduction investment decisions for centralized and decentralized LSSC under different levels of risk tolerance. Subsequently, it designs a joint contract with altruistic preferences for sharing emission reduction costs in the LSSC. This contract analyzes the parameter constraints for achieving Pareto optimization within the supply chain. Finally, the study employs a case simulation to analyze the changes in expected revenues for centralized LSSC and joint contracts under different risk tolerance levels. The study reveals that (1) in a centralized LSSC, under risk-neutral attitudes, there exists a unique optimal emission reduction investment, which yields the highest expected return from emission reduction. However, under risk-averse attitudes, the expected return is always lower than the optimal expected return under risk neutrality. (2) In a decentralized LSSC, the emission reduction investment decisions of the Logistics Service Providers are similar to those in a centralized LSSC. (3) Under risk-neutral attitudes, the cost-sharing and altruistic preference-based joint contract can also coordinate the risk-averse LSSC under certain constraints, and by adjusting the cost-sharing and altruistic preference parameters, the expected returns can be reasonably allocated. Full article
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17 pages, 1455 KiB  
Article
Effects of Simulated Nitrogen Deposition on the Physiological and Growth Characteristics of Seedlings of Two Typical Subtropical Tree Species
by Zhenya Yang and Benzhi Zhou
Plants 2025, 14(14), 2153; https://doi.org/10.3390/plants14142153 - 11 Jul 2025
Viewed by 349
Abstract
Amid global environmental change, the intensification of nitrogen (N) deposition exerts critical impacts on the growth of forest vegetation and the structure and function of ecosystems in subtropical China. However, the physiological and growth response mechanisms of subtropical tree species remain poorly understood. [...] Read more.
Amid global environmental change, the intensification of nitrogen (N) deposition exerts critical impacts on the growth of forest vegetation and the structure and function of ecosystems in subtropical China. However, the physiological and growth response mechanisms of subtropical tree species remain poorly understood. This study explored adaptive mechanisms of typical subtropical tree species to N deposition, analyzing biomass accumulation, root plasticity, and nutrient/photosynthate allocation strategies. One-year-old potted seedlings of Phyllostachys edulis (moso bamboo) and Cunninghamia lanceolata (Chinese fir) were subjected to four N-addition treatments (N0: 0, N1: 6 g·m−2·a−1, N2: 12 g·m−2·a−1, N3: 18 g·m−2·a−1) for one year. In July and December, measurements were conducted on seedling organ biomass, root morphological and architectural traits, as well as nutrient elements (N and phosphorus(P)) and non-structural carbohydrate (soluble sugars and starch) contents in roots, stems, and leaves. Our results demonstrate that the Chinese fir exhibits stronger tolerance to N deposition and greater root morphological plasticity than moso bamboo. It adapts to N deposition by developing root systems with a higher finer root (diameter ≤ 0.2 mm) ratio, lower construction cost, greater branching intensity and angle, and architecture approaching dichotomous branching. Although N deposition promotes short-term biomass and N accumulation in both species, it reduces P and soluble sugars contents, leading to N/P imbalance and adverse effects on long-term growth. Under conditions of P and photosynthate scarcity, the Chinese fir preferentially allocates soluble sugars to leaves, while moso bamboo prioritizes P and soluble sugars to roots. In the first half of the growing season, moso bamboo allocates more biomass and N to aboveground parts, whereas in the second half, it allocates more biomass and P to roots to adapt to N deposition. This study reveals that Chinese fir enhances its tolerance to N deposition through the plasticity of root morphology and architecture, while moso bamboo exhibits dynamic resource allocation strategies. The research identifies highly adaptive root morphological and architectural patterns, demonstrating that optimizing the allocation of elements and photosynthates and avoiding elemental balance risks represent critical survival mechanisms for subtropical tree species under intensified N deposition. Full article
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28 pages, 1706 KiB  
Article
Adaptive Grazing and Land Use Coupling in Arid Pastoral China: Insights from Sunan County
by Bo Lan, Yue Zhang, Zhaofan Wu and Haifei Wang
Land 2025, 14(7), 1451; https://doi.org/10.3390/land14071451 - 11 Jul 2025
Viewed by 246
Abstract
Driven by climate change and stringent ecological conservation policies, arid and semi-arid pastoral areas face acute grassland degradation and forage–livestock imbalances. In Sunan County (Gansu Province, China), herders have increasingly turned to off-site grazing—leasing crop fields in adjacent oases during autumn and winter—to [...] Read more.
Driven by climate change and stringent ecological conservation policies, arid and semi-arid pastoral areas face acute grassland degradation and forage–livestock imbalances. In Sunan County (Gansu Province, China), herders have increasingly turned to off-site grazing—leasing crop fields in adjacent oases during autumn and winter—to alleviate local grassland pressure and adapt their livelihoods. However, the interplay between the evolving land use system (L) and this emergent borrowed pasture system (B) remains under-explored. This study introduces a coupled analytical framework linking L and B. We employ multi-temporal remote sensing imagery (2018–2023) and official statistical data to derive land use dynamic degree (LUDD) metrics and 14 indicators for the borrowed pasture system. Through entropy weighting and a coupling coordination degree model (CCDM), we quantify subsystem performance, interaction intensity, and coordination over time. The results show that 2017 was a turning point in grassland–bare land dynamics: grassland trends shifted from positive to negative, whereas bare land trends turned from negative to positive; strong coupling but low early coordination (C > 0.95; D < 0.54) were present due to institutional lags, infrastructural gaps, and rising rental costs; resilient grassroots networks bolstered coordination during COVID-19 (D ≈ 0.78 in 2023); and institutional voids limited scalability, highlighting the need for integrated subsidy, insurance, and management frameworks. In addition, among those interviewed, 75% (15/20) observed significant grassland degradation before adopting off-site grazing, and 40% (8/20) perceived improvements afterward, indicating its potential role in ecological regulation under climate stress. By fusing remote sensing quantification with local stakeholder insights, this study advances social–ecological coupling theory and offers actionable guidance for optimizing cross-regional forage allocation and adaptive governance in arid pastoral zones. Full article
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16 pages, 2435 KiB  
Article
Optimum Equipment Allocation Under Discrete Event Simulation for an Efficient Quarry Mining Process
by Hyunho Lee and Sojung Kim
Processes 2025, 13(7), 2215; https://doi.org/10.3390/pr13072215 - 10 Jul 2025
Viewed by 231
Abstract
This study presents a discrete event simulation model to minimize operating costs in quarry mining processes by determining the optimal allocation of backhoes and dump trucks, which are the primary mining equipment. The modeling focuses on four principal vehicle types (24-ton dump truck, [...] Read more.
This study presents a discrete event simulation model to minimize operating costs in quarry mining processes by determining the optimal allocation of backhoes and dump trucks, which are the primary mining equipment. The modeling focuses on four principal vehicle types (24-ton dump truck, 2.0 m3 backhoe, 41-ton dump truck, 4.64 m3 backhoe) commonly deployed in quarry mining. The simulation replicates the sequential mining stages involving soil removal, rock ripping (weathered rock or weathered soil), and blasting operations. This methodology is applied to a case study of mining process planning under resource constraints, incorporating real-world quarry conditions in South Korea. Results demonstrate that optimizing the number of equipment units reduces construction costs and shortens the construction period by decreasing dump truck waiting times. When the number of backhoes is limited to 10 during operations, findings indicate an increase in costs and a gradual decline in net profit. Additionally, the interaction between the 24-ton and 41-ton dump trucks is shown to influence the optimal allocation strategy. The simulation-based optimization executes iterative experiments for each scenario, yielding statistically robust results within a 95% confidence interval, thereby supporting informed decision-making for managers. Full article
(This article belongs to the Special Issue Modeling and Optimization for Multi-scale Integration)
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26 pages, 1501 KiB  
Article
How Can Forestry Carbon Sink Projects Increase Farmers’ Willingness to Produce Forestry Carbon Sequestration?
by Yi Hou, Anni He, Hongxiao Zhang, Chen Hu and Yunji Li
Forests 2025, 16(7), 1135; https://doi.org/10.3390/f16071135 - 10 Jul 2025
Viewed by 216
Abstract
The development of a forestry carbon sink project is an important way to achieve carbon neutrality and carbon reduction, and the collective forest carbon sink project is an important part of China’s forestry carbon sink project. As the main management entity of collective [...] Read more.
The development of a forestry carbon sink project is an important way to achieve carbon neutrality and carbon reduction, and the collective forest carbon sink project is an important part of China’s forestry carbon sink project. As the main management entity of collective forests, whether farmers are willing to produce forestry carbon sinks is directly related to the implementation effect of the project. In this paper, a partial equilibrium model of farmers’ forestry production behavior was established based on production function and utility function, and the path to enhance farmers’ willingness to produce forestry carbon sink through forestry carbon sink projects was analyzed in combination with forest ecological management theory. In terms of empirical analysis, the PSM-DID econometric model was established based on the survey data of LY in Zhejiang Province, China, and the following conclusions were drawn: (1) With the receipt of revenues from forestry carbon sequestration projects and partial cost-sharing by the government, farmers’ participation in forestry carbon sink projects can save investment in forest land management. (2) The saved forestry production costs and forestry carbon sink project subsidies can make up for the loss of farmers’ timber income, so that the net income of forestry will not be significantly reduced. (3) The forestry production factors saved by farmers can be transferred to non-agricultural sectors and increase non-agricultural net income, so that the net income of rural households participating in forestry carbon sink projects will increase. The forestry carbon sink project can improve the utility level of farmers and increase the willingness of farmers to produce forestry carbon sinks by delivering income to farmers and saving forestry production factors. This study demonstrates that a well-designed forestry carbon sink compensation mechanism, combined with an optimized allocation of production factors, can effectively enhance farmers’ willingness to participate. This insight is also applicable to countries or regions that rely on small-scale forestry operations. Full article
(This article belongs to the Section Forest Economics, Policy, and Social Science)
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37 pages, 613 KiB  
Article
The Impact of Climate Change Risk on Corporate Debt Financing Capacity: A Moderating Perspective Based on Carbon Emissions
by Ruizhi Liu, Jiajia Li and Mark Wu
Sustainability 2025, 17(14), 6276; https://doi.org/10.3390/su17146276 - 9 Jul 2025
Viewed by 377
Abstract
Climate change risk has significant impacts on corporate financial activities. Using firm-level data from A-share listed companies in China from 2010 to 2022, we examine how climate risk affects corporate debt financing capacity. We find that climate change risk significantly weakens firms’ ability [...] Read more.
Climate change risk has significant impacts on corporate financial activities. Using firm-level data from A-share listed companies in China from 2010 to 2022, we examine how climate risk affects corporate debt financing capacity. We find that climate change risk significantly weakens firms’ ability to raise debt, leading to lower leverage and higher financing costs. These results remain robust across various checks for endogeneity and alternative specifications. We also show that reducing corporate carbon emission intensity can mitigate the negative impact of climate risk on debt financing, suggesting that supply-side credit policies are more effective than demand-side capital structure choices. Furthermore, we identify three channels through which climate risk impairs debt capacity: reduced competitiveness, increased default risk, and diminished resilience. Our heterogeneity analysis reveals that these adverse effects are more pronounced for non-state-owned firms, firms with weaker internal controls, and companies in highly financialized regions, and during periods of heightened environmental uncertainty. We also apply textual analysis and machine learning to the measurement of climate change risks, partially mitigating the geographic biases and single-dimensional shortcomings inherent in macro-level indicators, thus enriching the quantitative research on climate change risks. These findings provide valuable insights for policymakers and financial institutions in promoting corporate green transition, guiding capital allocation, and supporting sustainable development. Full article
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9 pages, 631 KiB  
Proceeding Paper
Allocation of Integrated Medical Nursing Homes
by Wenjie Du and Bingda Zhang
Eng. Proc. 2025, 98(1), 35; https://doi.org/10.3390/engproc2025098035 - 8 Jul 2025
Viewed by 103
Abstract
The location-allocation of nursing homes was examined by combining the entropy weight evaluation model and robust allocation model. The data of the elderly in Xuhui District in 2024 after the pandemic were used in this study. We constructed an evaluation index system by [...] Read more.
The location-allocation of nursing homes was examined by combining the entropy weight evaluation model and robust allocation model. The data of the elderly in Xuhui District in 2024 after the pandemic were used in this study. We constructed an evaluation index system by establishing the evaluation index principle of nursing homes’ location. Secondly, the polyhedral uncertainty set was used to predict the number of critical patients, and a model of robust configuration with capacity limitation and time constraints was constructed to minimize costs. The entropy weight method provided empirical results for the selection of nursing homes, and the robust configuration model ensured timely medical treatment. The feasibility and robustness of the mathematical model and solution method were verified, and the performance and advantages of the uncertain model over the deterministic model were proved. Full article
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