The authors intend to contribute in this paper towards a debate on the consequences of external financing needs of small and medium enterprises （SMEs） regarding its economic growth. The authors＇ research differs fo...The authors intend to contribute in this paper towards a debate on the consequences of external financing needs of small and medium enterprises （SMEs） regarding its economic growth. The authors＇ research differs for using like proxy of external financing dependence of SMEs the flows of investments that cannot be financed with generated cash flows. The results thus obtained show that financial dependence accounts for economic growth of SMEs, and that there are other variables of control of significance such as those of financial development. The authors present evidence on better soundness achievement about conclusions pertaining to SMEs if they obtained results emerge from independent sub-sectors in SMEs, especially in those countries with a higher percentage of small-sized companies, which do not answer in the same way to the considered model展开更多
Hydrogen and oxygen isotopes in precipitation have been widely used as effective traces to investigate hydrological processes such as evaporation and atmospheric moisture source. This study analyzed δD and δ^(18)O o...Hydrogen and oxygen isotopes in precipitation have been widely used as effective traces to investigate hydrological processes such as evaporation and atmospheric moisture source. This study analyzed δD and δ^(18)O of precipitation in continuous event-based samples at three stations of Pailugou Catchment from November 2012 to December 2013. The δ^(18)O and δD values ranged from-32.32‰ to +3.23‰ and from-254.46‰ to +12.11‰, respectively. Results show that the δ^(18)O displayed a distinct seasonal variation, with enriched values occurring in summer and relatively depleted values in winter, respectively. There was a statistically significant positive correlation between the δ^(18)O and δD values and local surface air temperature at all the three stations. The nearest Global Network of Isotopes in Precipitation(GNIP) station(Zhangye), compared to the Meteoric Water Lines for this study, showed the obvious local evaporation effects with lower intercept and slope. Additionally, d-excess(δD- 8δ^(18)O) parameter in precipitation exhibited an anti-phase seasonal variability with the δ^(18)O. The 96-h back trajectories for each precipitation event using Hybrid Single Particle Lagrangian Integrated Trajectory(HYSPLIT) model indicated a dominant effect of westerly air masses in summer and the integrated influence of westerly and polar air masses in winter.展开更多
文摘The authors intend to contribute in this paper towards a debate on the consequences of external financing needs of small and medium enterprises （SMEs） regarding its economic growth. The authors＇ research differs for using like proxy of external financing dependence of SMEs the flows of investments that cannot be financed with generated cash flows. The results thus obtained show that financial dependence accounts for economic growth of SMEs, and that there are other variables of control of significance such as those of financial development. The authors present evidence on better soundness achievement about conclusions pertaining to SMEs if they obtained results emerge from independent sub-sectors in SMEs, especially in those countries with a higher percentage of small-sized companies, which do not answer in the same way to the considered model
基金Under the auspices of National Natural Science Foundation of China(No.41501085,41461003)Postdoctoral Science Foundation of China(No.2013M532094)
文摘Hydrogen and oxygen isotopes in precipitation have been widely used as effective traces to investigate hydrological processes such as evaporation and atmospheric moisture source. This study analyzed δD and δ^(18)O of precipitation in continuous event-based samples at three stations of Pailugou Catchment from November 2012 to December 2013. The δ^(18)O and δD values ranged from-32.32‰ to +3.23‰ and from-254.46‰ to +12.11‰, respectively. Results show that the δ^(18)O displayed a distinct seasonal variation, with enriched values occurring in summer and relatively depleted values in winter, respectively. There was a statistically significant positive correlation between the δ^(18)O and δD values and local surface air temperature at all the three stations. The nearest Global Network of Isotopes in Precipitation(GNIP) station(Zhangye), compared to the Meteoric Water Lines for this study, showed the obvious local evaporation effects with lower intercept and slope. Additionally, d-excess(δD- 8δ^(18)O) parameter in precipitation exhibited an anti-phase seasonal variability with the δ^(18)O. The 96-h back trajectories for each precipitation event using Hybrid Single Particle Lagrangian Integrated Trajectory(HYSPLIT) model indicated a dominant effect of westerly air masses in summer and the integrated influence of westerly and polar air masses in winter.
