How well did the Kyoto Protocol work? A dynamic-GMM approach with external instruments

This paper assesses the impact of the Kyoto Protocol on CO2 emissions. With this aim a dynamic panel data model is estimated for a cross-section of 213 countries over the period 1960 to 2009. The model, based on a STIRPAT approach, also integrates the EKC approach and specifically considers the endogeneity of the policy variable. To sort out causality the number of financed CDM projects is used as an external instrument. The main results indicate that obligations from the Kyoto Protocol have a measurable reducing effect on CO2 emissions and indicate that a treaty often seen as "failed" in fact may be producing some non-trivial effects.Environmental Kuznets Curve, Kyoto Protocol, panel data, Clean Development Mechanism

A Search for Exozodiacal Dust and Faint Companions Near Sirius, Procyon, and Altair with the NICMOS Coronagraph

We observed Sirius, Altair, and Procyon with the NICMOS Coronagraph on the Hubble Space Telescope to look for scattered light from exozodiacal dust and faint companions within 10 AU from these stars. We did not achieve enough dynamic range to surpass the upper limits set by IRAS on the amount of exo-zodiacal dust in these systems, but we did set strong upper limits on the presence of nearby late-type and sub-stellar companions.Comment: 10 pages, 4 figure

The Role of the Hamiltonian in Dynamic Price Index Theory

This paper is an attempt to investigate the cost-of-living index problem in a general equilibrium multi-sector growth model. Instead of using the utility function as a compensation criterion as Konüs’ (1924) did in his original contribution, we take advantage of the current-value Hamiltonian in constructing our dynamic price index. Since the Hamiltonian is a constancy-equivalent of future utilities (Weitzman, 1976), the dynamic price index is defined in terms of the minimum expenditure that, under alternative prices, would support the constancy-equivalent-utility level in the future. We show that, when properly deflated by the dynamic price index, the real comprehensive net national product becomes an ideal measure for dynamic welfare comparisons. For some special cases, we show that the dynamic price index reduces to the simple static index.Dynamic index theory; Hamiltonian; ideal deflator

Did residential electricity rates fall after retail competition? a dynamic panel analysis

A key selling point for the restructuring of electricity markets was the promise of lower prices, that competition among independent power suppliers would lower electricity prices to retail customers. There is not much consensus in earlier studies on the effects of electricity deregulation, particularly for residential customers. Part of the reason for not finding a consistent link with deregulation and lower prices was that the removal of the transitional price caps led to higher prices. In addition, the timing of the removal of price caps coincided with rising fuel prices, which were passed on to consumers in a competitive market. Using a dynamic panel model, we analyze the effect of participation rates, fuel costs, market size, a rate cap and a switch to competition for 16 states and the District of Columbia. We find that an increase in participation rates, price controls, a larger market, and high shares of hydro in electricity generation lower retail prices, while increases in natural gas and coal prices increase rates. The effects of a competitive retail electricity market are mixed across states, but generally appear to lower prices in states with high participation and raise prices in states that have little customer participation.Price regulation

An Investigation of the Dynamic Response of Spur Gear Teeth with Moving Loads

Two concepts relating to gear dynamics were studied. The first phase of the analysis involved the study of the effect of the speed of a moving load on the dynamic deflections of a gear tooth. A single spur gear tooth modelled using finite elements was subjected to moving loads with variable velocities. The tooth tip deflection time histories were plotted, from which it was seen that the tooth tip deflection consisted of a quasistatic response with an oscillatory response superimposed on it whose amplitude was dependent on the type of load engagement. Including the rim in the analysis added flexibility to the model but did not change the general behavior of the system. The second part of the analysis involved an investigation to determine the effect on the dynamic response of the inertia of the gear tooth. A simplified analysis using meshing cantilever beams was used. In one case, the beams were assumed massless. In the other, the mass (inertia) of the beams was included. From this analysis it was found that the inertia of the tooth did not affect the dynamic response of meshing cantilever beams

Pharmacokinetic Analysis of Gd-DTPA Enhancement in dynamic three-dimensional MRI of breast lesions

The purpose of this study was to demonstrate that dynamic MRI covering both breasts can provide sensitivity for tumor detection as well as specificity and sensitivity for differentiation of tumor malignancy. Three-dimensional gradient echo scans were used covering both breasts. Before Gd-DTPA bolus injection, two scans were obtained with different flip angles, and after injection, a dynamic series followed. Thirty-two patients were scanned according to this protocol. From these scans, in addition to enhancement, the value of T1 before injection was obtained. This was used to estimate the concentration of Gd-DTPA as well as the pharmacokinetic parameters governing its time course. Signal enhancement in three-dimensional dynamic scanning was shown to be a sensitive basis for detection of tumors. In our series, all but two mam-mographically suspicious lesions did enhance, and in three cases, additional enhancing lesions were found, two of which were in the contralateral breast. The parameter most suited for classification of breast lesions into benign or malignant was shown to be the pharmacokinetically defined permeability k31, which, for that test, gave a sensitivity of 92% and a specificity of 70%. Our three-dimensional dynamic MRI data are sensitive for detection of mammographically occult breast tumors and specific for classification of these as benign or malignant

Concept definition study for recovery of tumbling satellites. Volume 1: Executive summary, study results

The first assessment is made of the design requirements and conceptual definition of a front end kit to be transported on the currently defined Orbital Maneuvering Vehicle (OMV) and the Space Transportation System Shuttle Orbiter, to conduct remote, teleoperated recovery of disabled and noncontrollable, tumbling satellites. Previous studies did not quantify the dynamic characteristics of a tumbling satellite, nor did they appear to address the full spectrum of Tumbling Satellite Recovery systems requirements. Both of these aspects are investigated with useful results

The Screening Scale for Pedophilic Interests (SSPI): Construct, Predictive, and Incremental Validity

This study of 410 adult male sex offenders against children, using data from the Dynamic Supervision Project (Hanson, Harris, Scott, & Helmus, 2007), examined the construct, predictive, and incremental validity of the Screening Scale for Pedophilic Interests (SSPI; Seto & Lalumière, 2001), a brief proxy measure of phallometrically assessed sexual response to children that is based on sexual victim characteristics. As predicted, the SSPI was significantly related to the Deviant Sexual Interests item on the STABLE-2007 (Hanson et al., 2007), a dynamic risk measure encompassing multiple domains, and with the Deviant Sexual Interests item from its predecessor, the STABLE-2000 (Hanson et al., 2007). The SSPI was unrelated (or more weakly related) to items measuring general antisociality. In addition, the SSPI significantly predicted sexual recidivism, defined as new charges or convictions for sexual offenses, and a broader sexual recidivism outcome that included breaches of community supervision conditions that might involve sexually motivated behavior (e.g., being in the presence of children unsupervised). The SSPI did not add to the predictive accuracy of 2 actuarial risk measures, the Static-99R and Static-200R (Helmus, Thornton, Hanson, & Babchishin, 2012), but it did add to the predictive accuracy of the STABLE-2007. Additional analyses suggest the SSPI can serve as a substitute for the STABLE-2007 Deviant Sexual Interests item, if necessary (e.g., in archival research), when assessing sexual offenders against children

Drinks, Hijinks, and Policy Change: Fraternities at Gettysburg College in the Haaland Years (1990-2004)

This paper establishes what the fraternity structure was like at Gettysburg College during Gordon Haaland\u27s presidency. Between 1990 and 2004, we explore the roaring party dynamic that was continually threatened by the administration and examine how the switch to sophomore rush tried to tame it. With testimonies from fraternity brothers during this era we try to capture the good, bad, and ugly of fraternity life. While Haaland\u27s administration did not get ride of the fraternity system, it certainly made it safer and reigned it in significantly