Testing Gibrat’s law: empirical evidence from panel unit root tests of turkish firms

The purpose of this paper is to use panel unit root tests to see if Gibrat’s law holds in Turkey. Gibrat's Law establishes that firm growth is a random walk, it means that the probability of a given proportional change in size during a specified period is the same for all firms in a given industry. In this paper, it is examined Gibrat law in Turkey empirically by using Chen & Lu (2003) methodology and use the panel unit root method to investigate the relation between firm size and firm growth. Since it has been observed that many panel unit root tests are invalid when cross-section correlation problem and also finds that conclusion is not the same.Gibrat’s Law, Firm Growth, MADF Test

A Manufacturer Design Kit for Multi-Chip Power Module Layout Synthesis

The development of Multi-Chip Power Modules (MCPMs) has been a key factor in recent advancements in power electronics technologies. MCPMs achieve higher power density by combining multiple power semiconductor devices into one package. The work detailed in this thesis is part of an ongoing project to develop a computer-aided design software tool known as PowerSynth for MCPM layout synthesis and optimization. This thesis focuses on the definition and design of a Manufacturer Design Kit (MDK) for PowerSynth, which enables the designer to design an MCPM for a manufacturer’s fabrication process. The MDK is comprised of a layer stack and technology library, design rule checking (DRC), and layout versus schematic checking. File formats have been defined for layer stack and design rule input, and import functions have been written and integrated with the existing user interface and data structures to allow PowerSynth to accept these file formats as a form of input. Finally, an exhaustive DRC function has been implemented to allow the designer to verify that a synthesized layout meets all design rules before committing the design to manufacturing. This function was validated by running DRC on an example layout solution using two different sets of design rules

Grid infrastructures for the electronics domain: requirements and early prototypes from an EPSRC pilot project

The fundamental challenges facing future electronics design is to address the decreasing – atomistic - scale of transistor devices and to understand and predict the impact and statistical variability these have on design of circuits and systems. The EPSRC pilot project “Meeting the Design Challenges of nanoCMOS Electronics” (nanoCMOS) which began in October 2006 has been funded to explore this space. This paper outlines the key requirements that need to be addressed for Grid technology to support the various research strands in this domain, and shows early prototypes demonstrating how these requirements are being addressed

Large-scale structure of a nation-wide production network

Production in an economy is a set of firms' activities as suppliers and customers; a firm buys goods from other firms, puts value added and sells products to others in a giant network of production. Empirical study is lacking despite the fact that the structure of the production network is important to understand and make models for many aspects of dynamics in economy. We study a nation-wide production network comprising a million firms and millions of supplier-customer links by using recent statistical methods developed in physics. We show in the empirical analysis scale-free degree distribution, disassortativity, correlation of degree to firm-size, and community structure having sectoral and regional modules. Since suppliers usually provide credit to their customers, who supply it to theirs in turn, each link is actually a creditor-debtor relationship. We also study chains of failures or bankruptcies that take place along those links in the network, and corresponding avalanche-size distribution.Comment: 17 pages with 8 figures; revised section VI and references adde

Commercial-off-the-shelf simulation package interoperability: Issues and futures

Commercial-Off-The-Shelf Simulation Packages (CSPs) are widely used in industry to simulate discrete-event models. Interoperability of CSPs requires the use of distributed simulation techniques. Literature presents us with many examples of achieving CSP interoperability using bespoke solutions. However, for the wider adoption of CSP-based distributed simulation it is essential that, first and foremost, a standard for CSP interoperability be created, and secondly, these standards are adhered to by the CSP vendors. This advanced tutorial is on an emerging standard relating to CSP interoperability. It gives an overview of this standard and presents case studies that implement some of the proposed standards. Furthermore, interoperability is discussed in relation to large and complex models developed using CSPs that require large amount of computing resources. It is hoped that this tutorial will inform the simulation community of the issues associated with CSP interoperability, the importance of these standards and its future

A review of data visualization: opportunities in manufacturing sequence management.

Data visualization now benefits from developments in technologies that offer innovative ways of presenting complex data. Potentially these have widespread application in communicating the complex information domains typical of manufacturing sequence management environments for global enterprises. In this paper the authors review the visualization functionalities, techniques and applications reported in literature, map these to manufacturing sequence information presentation requirements and identify the opportunities available and likely development paths. Current leading-edge practice in dynamic updating and communication with suppliers is not being exploited in manufacturing sequence management; it could provide significant benefits to manufacturing business. In the context of global manufacturing operations and broad-based user communities with differing needs served by common data sets, tool functionality is generally ahead of user application

Evolution engine technology in exhaust gas recirculation for heavy-duty diesel engine

In this present year, engineers have been researching and inventing to get the optimum of less emission in every vehicle for a better environmental friendly. Diesel engines are known reusing of the exhaust gas in order to reduce the exhaust emissions such as NOx that contribute high factors in the pollution. In this paper, we have conducted a study that EGR instalment in the vehicle can be good as it helps to prevent highly amount of toxic gas formation, which NOx level can be lowered. But applying the EGR it can lead to more cooling and more space which will affect in terms of the costing. Throughout the research, fuelling in the engine affects the EGR producing less emission. Other than that, it contributes to the less of performance efficiency when vehicle load is less