12,841 research outputs found
Inefficiency
We introduce an ordinal model of efficiency measurement. Our primitive is a notion of efficiency that is comparative, but not cardinal or absolute. In this framework, we postulate axioms that we believe an ordinal efficiency measure should satisfy. Primary among these are choice consistency and planning consistency, which guide the measurement of efficiency in a firm with access to multiple technologies. Other axioms include symmetry, which states that the names of commodities do not matter, scale-invariance, which says that units of measurement of commodities does not matter, and strong monotonicity, which states that efficiency should decrease if the inputs and outputs remain static when the technology becomes unambiguously more efficient. These axioms characterize a unique ordinal efficiency measure which is represented by the coefficient of resource utilization. By replacing symmetry (the weakest of our axioms) with a very mild continuity condition, we obtain a family of path-based measures.Efficiency Measurement, Coefficient of Resource Utilization, Ordinal, Choice Consistency, Planning Consistency, Path-based
PATENTS, R&D AND LAG EFFECTS: EVIDENCE FROM FLEXIBLE METHODS FOR COUNT PANEL DATA ON MANUFACTURING FIRMS
Hausman, Hall and Griliches (1984) and Hall, Griliches and Hausman (1986) investigated whether there was a lag in the patent-R&D relationship for the U.S. manufacturing sector using 1970¿s data. They found that there was little evidence of anything but contemporaneous movement of patents and R&D. We reexamine this important issue employing new longitudinal patent data at the firm level for the U.S. manufacturing sector from 1982 to 1992. To address unique features of the data, we estimate various distributed lag and dynamic multiplicative panel count data models. The paper also develops a new class of count panel data models based on series expansion of the distribution of individual effects. The empirical analyses show that, although results are somewhat sensitive to different estimation methods, the contemporaneous relationship between patenting and R&D expenditures continues to be rather strong, accounting for over 60% of the total R&D elasticity. Regarding the lag structure of the patents-R&D relationship, we do find a significant lag in all empirical specifications. Moreover, the estimated lag effects are higher than have previously been found, suggesting that the contribution of R&D history to current patenting has increased from the 1970¿s to the 1980¿s.Innovative activity, Patents and R&D, Individual effects, count panel data methods.
Pharmacokinetics of articaine hydrochloride and its metabolite articainic acid after subcutaneous administration in red deer (Cervus elaphus)
“This is an Accepted Manuscript of an article published by Taylor & Francis in New Zealand Veterinary Journal on 23 October 2017, available online: https://www.tandfonline.com/doi/full/10.1080/00480169.2017.1391141”Publishe
Decreasing Impatience
Decreasing impatience, a common behavioral phenomenon in intertemporal
choice, and a property with certain normative support in the literature on
project evaluation, is characterized in several different ways. Discount
factors that display decreasing impatience are characterized through a
convexity axiom for investments at fixed interest rates. Then we show that they
are equivalent to a geometric average of generalized quasi-hyperbolic discount
rates. Finally, they emerge as prices in parimutuel betting markets, that is as
the outcome of parimutuel aggregation
IgG anti-apolipoprotein A-1 antibodies in patients with systemic lupus erythematosus are associated with disease activity and corticosteroid therapy: an observational study.
IgG anti-apolipoprotein A-1 (IgG anti-apoA-1) antibodies are present in patients with systemic lupus erythematosus (SLE) and may link inflammatory disease activity and the increased risk of developing atherosclerosis and cardiovascular disease (CVD) in these patients. We carried out a rigorous analysis of the associations between IgG anti-apoA-1 levels and disease activity, drug therapy, serology, damage, mortality and CVD events in a large British SLE cohort
Extent of pollution in planet-bearing stars
(abridged) Search for planets around main-sequence (MS) stars more massive
than the Sun is hindered by their hot and rapidly spinning atmospheres. This
obstacle has been sidestepped by radial-velocity surveys of those stars on
their post-MS evolutionary track (G sub-giant and giant stars). Preliminary
observational findings suggest a deficiency of short-period hot Jupiters around
the observed post MS stars, although the total fraction of them with known
planets appears to increase with their mass. Here we consider the possibility
that some very close- in gas giants or a population of rocky planets may have
either undergone orbital decay or been engulfed by the expanding envelope of
their intermediate-mass host stars. If such events occur during or shortly
after those stars' main sequence evolution when their convection zone remains
relatively shallow, their surface metallicity can be significantly enhanced by
the consumption of one or more gas giants. We show that stars with enriched
veneer and lower-metallicity interior follow slightly modified evolution tracks
as those with the same high surface and interior metallicity. As an example, we
consider HD149026, a marginal post MS 1.3 Msun star. We suggest that its
observed high (nearly twice solar) metallicity may be confined to the surface
layer as a consequence of pollution by the accretion of either a planet similar
to its known 2.7-day-period Saturn-mass planet, which has a 70 Mearth compact
core, or a population of smaller mass planets with a comparable total amount of
heavy elements. It is shown that an enhancement in surface metallicity leads to
a reduction in effective temperature, in increase in radius and a net decrease
in luminosity. The effects of such an enhancement are not negligible in the
determinations of the planet's radius based on the transit light curves.Comment: 25 pages, 8 figures, submitted to Ap
The use of indigenous knowledge in development: problems and challenges
The use of indigenous knowledge has been seen by many as an alternative way of promoting development in poor rural communities in many parts of the world. By reviewing much of the recent work on indigenous knowledge, the paper suggests that a number of problems and tensions has resulted in indigenous knowledge not being as useful as hoped for or supposed. These include problems emanating from a focus on the (arte)factual; binary tensions between western science and indigenous knowledge systems; the problem of differentiation and power relations; the romanticization of indigenous knowledge; and the all too frequent decontextualization of indigenous knowledge
Development and Preliminary Application of Mathematical Models to the Weber Basin
The adoption of stream standards, whether for direct application or for the establishment of realistic effluent standards, creates a need to predict the impact of pollution loads on river water quality during critical flow periods or as the result of future user demands. Because of the complexity of aquatic systems, mathematical models are an excellent medium for bringing together the state-of-the-art knowledge from a variety of disciplines into a form which can be readily applied to practical problems. Applying a mathematical model to a river system has the added advantage of providing a structure for the systematic consideration of the many diverse aspects of water quality phenomena. This report describes the development of a river simulation model (QUAL-U) for predicting water quality and its preliminary application to the Weber River drainage basin in northeastern Utah. The model involves the numerical solution of a set of differential equations representing the aquatic system under steady state conditions. The development and use of a second model which provides the flow boundary conditions for the first model is also described. This model is a simple interactive procedure for obtaining flows at specified locations on the river system given the measured flows at other locations and typical flow ranges of headwater, diversions, surface and subsurface lateral inflows, and point loads. Previous river water quality models are reviewed and the structure of QUAL-U is presented. The economic and physical characteristics of the study area are described and the Weber River system is represented by subbasins, reaches, and computational units. Model calibration was based on water quality data collected at over eighty sampling locations in the study area during a four day period in September, 1973. Each of the sampling points was subsequently surveyed to obtain representative hydraulic characteristics for each reach of the river system. Coefficients for the mathematical equations representing hydraulic characteristics and chemical and biological reactions were estimated and adjusted during the model calibration procedure until model responses satisfactorily resembled the observed data. Results for the calibration period and also for studies involving critical low flow conditions are described and model limitations are considered. The work on which this report is based was performed for the State of Utah, Department of Social Services, Division of Health as part of a Waste Load Allocation Study on the Weber River. The scope of this project provided only for supplying the calibrated model to the client and does not include predictive runs or interpretation of management alternatives
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