Research on Cold Chain Logistics Service Quality Evaluation Considering Product Freshness under Community Group Buying

In 2019, The outbreak of Corona Virus Disease 2019 (named COVID-19) has caused great changes in the living habits of residents, and the community group buying model has re-emerged. Under the background of community group buying mode, combined with the characteristics of fresh products, and based on the SEVRQUAL model and the national standard of "Logistics Enterprise Cold Chain Service Requirements and Capability Evaluation Indicators", an evaluation index system of cold chain logistics service quality for community group purchase of fresh products with 5 dimensions and 29 indicators is constructed from the perspective of users. Then a 5-level Likert scale was used to design relevant questionnaires, and Xingsheng Youxuan and Meituan Youxuan were used as empirical cases for sample research. Combined collected sample data, the validity and rationality of the index system were tested through reliability, validity testing and factor analysis. The data analysis also shows the problems and influencing factors of Xingsheng Youxuan and Meituan Youxuan in terms of fresh food cold chain logistics service quality, and further suggestions for the development of cold chain logistics services considering product freshness under community group buying is also provided. © 2022 ACM.

Spillover effect of economic policy uncertainty on the stock market in the post-epidemic era

In the post-epidemic era, global economic policies have been uncertain and the stock market has been volatile. It is crucial to investigate the spillover effect of economic policy uncertainty (EPU) on the stock market for accurately hedging risks and seizing recovery opportunities. This paper applies the DY spillover index and network analysis to study the spillover effect between the U.S. EPU and the U.S. and Asian stock markets. The empirical results show a significant spillover effect in both the U.S. and Asian stock markets, with EPU as the recipient of risk spillover and stock indices as the transmitters. The stock markets in Japan and South Korea react more strongly to shifts in the U.S. EPU. All transmitters attain their maximum values in both the TO and FROM directions in 2020. The from-direction spillover indices of the U.S. stock market are less volatile in 2020 than those of the Asian stock market, indicating that the outbreak of the COVID-19 epidemic has a greater impact on the Asian stock market than the U.S. stock market. These conclusions have substantial implications for asset management, investment diversification and aversion to unsystematic risk in major economic shocks. © 2022 Elsevier Inc.