EXTREME PROGRAMMING AND RATIONAL UNIFIED PROCESS – CONTRASTS OR SYNONYMS?

The agile movement has received much attention in software engineering recently. Established methodologies try to surf on the wave and present their methodologies a being agile, among those Rational Unified Process (RUP). In order to evaluate the statements we evaluate the RUP against eXtreme Programming (XP) to find out to what extent they are similar end where they are different. We use a qualitative approach, utilizing a framework for comparison. RUP is a top-down solution and XP is a bottom-up approach. Which of the two is really best in different situations has to be investigated in new empirical studies.extreme programming

ESTIMATING EXPORT EQUATIONS

Accurate estimates of the price and income elasticities of exports are valuable for growth policies based on trade promotion. However, not sufficient attention seems to have been paid to the specification of the relative price variable in some influential empirical works. This paper estimates the export equation for Fiji to show that inappropriate specification of the relative price variable may give under estimates of the price elasticity and over estimates of the income elasticity.Exports, Price and Income Elasticities, Export-lead Growth Policy.

A Panel Data Approach to the Contribution of Trade to the Growth of Selected East Asian Countries

Panel data methods are used to estimate the contribution of openness of trade to the long term or the steady state rate of growth of output (SSGR) of selected East Asia countries viz., Singapore, Malaysia, Thailand, Hong Kong, Korea and the Philippines. Since SSGR is unobservable, its estimates are derived by estimating modified production functions and by imposing the equilibrium conditions of the Solow (1956) growth model. Panel cointegration tests showed that there is a well defined long run relation between output, trade ratio and capital. Growth accounting exercise showed that factor accumulation is the dominant contributor to the SSGR of this region. Openness of trade, however, has made a significant contribution to SSGR by 1999-2003.Panel unit root and cointegration tests, Trade Openness, Total Factor Productivity and East Asian Countries

Demand for Money in India: 1953-2003

The demand for money, especially in the developing countries, is an important relationship for formulating appropriate monetary policy and targeting monetary variables. In this paper we estimate the demand for narrow money in India and evaluate its robustness. It is found that there is a stable demand for money for almost half a century from 1953 to 2003. There is no evidence for any significant effects of the $1991$ financial reforms.Demand for money, Developing countries, Income and interest rate elasticities, Cointegration, Financial reforms.

Optical study of phase transitions in single-crystalline RuP

RuP single crystals of MnP-type orthorhombic structure were synthesized by the Sn flux method. Temperature-dependent x-ray diffraction measurements reveal that the compound experiences two structural phase transitions, which are further confirmed by enormous anomalies shown in temperature-dependent resistivity and magnetic susceptibility. Particularly, the resistivity drops monotonically upon temperature cooling below the second transition, indicating that the material shows metallic behavior, in sharp contrast with the insulating ground state of polycrystalline samples. Optical conductivity measurements were also performed in order to unravel the mechanism of these two transitions. The measurement revealed a sudden reconstruction of band structure over a broad energy scale and a significant removal of conducting carriers below the first phase transition, while a charge-density-wave-like energy gap opens below the second phase transition.Comment: 5 pages, 6 figure

An extension to the neoclassical growth modelto Estimate Growth and Level Effects

The neoclassical growth model was extended by Mankiw, Romer and Weil (1992) to estimate the level effects of additional factors like human capital. We suggest a further extension to capture their permanent growth effects. Time series data from Fiji are used to show that the growth effect of human capital, although small, is significant. Furthermore, in our sample the specifications with a permanent growth effect performed better than specifications with only level effects.The Solow Growth Model; Production Function; Shift Variables; Human Capital Level and Growth Effects