Corruption and bureaucratic structure in a developing economy

We address the impact of corruption in a developing economy in the context of an empirically relevant hold-up problem - when a foreign firm sinks an investment to provide infrastructure services. We focus on the structure of the economy’s bureaucracy, which can be centralized or decentralized, and characterize the ‘corruptibility’ of bureaucrats in each case. Results are explained in terms of the noninternalization, under decentralization, of the ‘bribe externality’ and the ‘price externality.’ In welfare terms, decentralization is favoured, relatively speaking, if the tax system is less inefficient, funding is less tight, bureaucrats are less venal, or compensation for expropriation is ungenerous

Regulatory barriers and entry in developing economies

We model entry by entrepreneurs into new markets in developing economies with regulatory barriers in the form of licence fees and bureaucratic delay. Because laissez faire leads to ‘excessive’ entry, a licence fee can increase welfare by discouraging entry. However, in the presence of a licence fee, bureaucratic delay creates a strategic opportunity, which can result in both greater entry by first movers and a higher steady-state number of firms. Delay also leads to speculation, with entrepreneurs taking out licences to obtain the option of immediate entry if they later observe the industry to be profitable enough

The United Kingdom Ministry of Defence – the Case for Followership as a key Element of Leadership Development

Published in Strategic Management Quarterly (2015) Vol 3 Issue 4Using the Kelley (1992) Followership Style instrument this study explores the role and perceptions of Followership within the UK Ministry of Defence. In particular, within the Armed Services and the Civil Service it was apparent from the literature that only the RAF formally recognised the role of Followership within their Leadership staff development programmes, hence the research aimed to see whether this was reflected in self-perceptions of Followership Style and the extent to which it is applied within the organisation. The analysis concluded that the analysed sample (298 responses) produced an atypical profile compared to other studies that have used the instrument. The RAF showed statistically significant higher scores than the other Armed Services or the Civil Servants and scores increased with Rank/Grade. The analysis also highlighted that the individuals seemed not to be recognised as good Followers by their leaders, they appeared not to recognise their reports as good Followers and in all cases the organisation seemed not to recognise their value. These aspects provide scope for further research to better understand the organisational culture, processes and practices that appear to act as a barrier to the extraction of the benefits of having good Followers even in an area where Star Followers dominate

The role of landholder education in adoption of soil health management systems

Management for soil health has received increasing attention, but, despite this, adoption of soil health management plans (SHM) has been slow and is possibly affected by landholder education. This paper investigates the role of landholder education in the adoption of SHM systems, using salinity and sodicity as indicators. Through the use of a landholder response mail based survey consisting of likert scale rank questions, categorical responses and open ended questions, education was shown to mildly affect the adoption of SHM programs, but was not considered an overriding impediment by landholders. However, there is a disparity between education as an impediment and landholders knowledge. This disparity is potentially overcome by a reliance on agronomists and extension officers to guide landholders through SHM issues that they find complex. In terms of managing soils for salinity, education was shown to be adequate, although for sodicity education is still a major limiting factor

Privatisation Methods and Economic Growth in Transition Economies

In low-income countries privatization, if implemented appropriately, may play an important role in generating growth. Using data recently available from Central and Eastern Europe, we therefore investigate the impact of alternative methods of privatization on economic growth. Our analysis suggests that the use of conventional privatization methods to match owners with firms can be inefficient in economies with underdeveloped capital markets, particularly if wealth is poorly correlated with managerial and entrepreneurial ability. In these circumstances mass privatization, with firms being given away or sold at a nominal price, may be the appropriate policy choice

Thermal absorption in seeded gases Final technical report, 13 Feb. 1968 - 12 Feb. 1969

Thermal absorption in aerosol seeded hydrogen and helium gase

Dietary factors affecting exogenous and endogenous sources of fat and carbohydrate for energy production and synthesis Annual progress report, 1 Oct. 1967 - 30 Jun. 1968

Dietary effects on total fatty acid content in rats, and changes in liver, adipose tissue, and carbohydrate metabolis

Hydrogen-methane fuel control systems for turbojet engines

Design, development, and test of a fuel conditioning and control system utilizing liquid methane (natural gas) and liquid hydrogen fuels for operation of a J85 jet engine were performed. The experimental program evaluated the stability and response of an engine fuel control employing liquid pumping of cryogenic fuels, gasification of the fuels at supercritical pressure, and gaseous metering and control. Acceptably stable and responsive control of the engine was demonstrated throughout the sea level power range for liquid gas fuel and up to 88 percent engine speed using liquid hydrogen fuel

Control means for a gas turbine engine

A means is provided for developing a signal representative of the actual compressor casing temperature, a second signal representative of compressor inlet gas temperature, and a third signal representative of compressor speed. Another means is provided for receiving the gas temperature and compressor speed signals and developing a schedule output signal which is a representative of a reference casing temperature at which a predetermined compressor blade stabilized clearance is provided. A means is also provided for comparing the actual compressor casing temperature signal and the reference casing temperature signal and developing a clearance control system representative of the difference. The clearance control signal is coupled to a control valve which controls a flow of air to the compressor casing to control the clearance between the compressor blades and the compressor casing. The clearance control signal can be modified to accommodate transient characteristics. Other embodiments are disclosed

North Atlantic Deep Water Formation

Various studies concerning differing aspects of the North Atlantic are presented. The three major topics under which the works are classified include: (1) oceanography; (2) paleoclimate; and (3) ocean, ice and climate modeling