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Record W2901271731 · doi:10.4236/me.2018.911120

The Mechanism of Imported Iron Ore Price in China

2018· article· en· W2901271731 on OpenAlexaff
Zhijie Fu

Bibliographic record

VenueModern Economy · 2018
Typearticle
Languageen
FieldEconomics, Econometrics and Finance
TopicMarket Dynamics and Volatility
Canadian institutionsUniversity of Alberta
Fundersnot available
KeywordsIron oreCointegrationEconomicsError correction modelAutoregressive integrated moving averageEconometricsIndex (typography)ChinaIndustrial production indexVector autoregressionLiberian dollarMonetary economicsProduction (economics)Time seriesMacroeconomicsMathematicsStatisticsComputer science

Abstract

fetched live from OpenAlex

This study analyzes the relationship and the issues between iron ore market from demand and supply side. It empirically explains how and why the import iron ore price in China fluctuates through Baltic Dry Index, Dollar Index, iron ore production, volume of import iron ore, and also compares the forecast ability between Vector Error Corrected Model (VECM) and ARIMA model. This paper concludes the following finds. Firstly, there is no structural break and seasonality. The data are first degree stationary and have 1 cointegration relationship between variables. In addition, the impulse response function shows that the import iron ore price is positively sensitive to BDI and negatively sensitive to Dollar Index, and it reveals the fact that China has less power to influence the iron ore price even if it has been the largest buyer. Finally, forecast ability assessment shows that VECM outperforms ARIMA model.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.000
metaresearch head score (Gemma)0.001
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Observational · Consensus signal: Observational
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.022
Threshold uncertainty score0.044

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0000.001
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0010.001
Science and technology studies0.0000.000
Scholarly communication0.0010.001
Open science0.0000.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0020.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.014
GPT teacher head0.203
Teacher spread0.189 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designObservational
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations5
Published2018
Admission routes1
Has abstractyes

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