Concentration Levels in the U.S. Advertising and Marketing Services Industry: Myth vs. Reality

This paper analyzes changes in concentration levels in the U.S. Advertising and Marketing Services (A&MS) industry using publicly released data that have been largely ignored in past discussions of the industrial organization of this industry, namely those available from the U.S. Census Bureau's quinquennial Economic Census and the Service Annual Survey. We define the A&MS industry in terms of nine sectors, each of which is represented by a separate 5 digit NAICS category. In so doing, we have sought to redress some of the measurement problems surrounding estimates found in the existing literature. Our main findings are threefold. First, in the case of the core and largest sector, Advertising Agencies, firm level concentration as measured by Herfindahl-Hirschman Index (HHI) increased slightly but remained relatively low from 1977 to 2002. All of the HHI estimates readily satisfied the standard widely used to characterize an industry as "unconcentrated." We find mixed support for the hypotheses that the ranks of mid-sized agencies were depleted by ongoing waves of mergers and acquisitions and resulted in a polarized size structure. The size distributions of agency revenue have become more polarized in the sense that over time they appear more skewed, more dispersed, and exhibit greater inequality. The share of total receipts realized by small agencies fell while that of large agencies rose. However, the position of mid-sized agencies appears to have changed little over the period 1977- 2002, as measured by the shares of agencies and receipts they represent. Second, concentration levels in 1997 and 2002 varied across the nine sectors comprising the A&MS industry, but all were within the range generally considered as indicative of a competitive industry. Third, we developed concentration ratios at the level of holding companies (HC's) and find that the four largest HC's captured between a fifth and a quarter of total revenue from the A&MS industry, a share that remained quite stable over the period, 2002-2006. These estimates are lower by an order of magnitude than estimates often cited in the trade press. Reasons for the discrepancy are discussed.

Do Antenatal Parasite Infections Devalue Childhood Vaccination?

On a global basis, both potent vaccine efficacy and high vaccine coverage are necessary to control and eliminate vaccine-preventable diseases. Emerging evidence from animal and human studies suggest that neglected tropical diseases (NTDs) significantly impair response to standard childhood immunizations. A review of efficacy and effectiveness studies of vaccination among individuals with chronic parasitic infections was conducted, using PUBMED database searches and analysis of data from the authors' published and unpublished studies. Both animal models and human studies suggest that chronic trematode, nematode, and protozoan infections can result in decreased vaccine efficacy. Among pregnant women, who in developing countries are often infected with multiple parasites, soluble parasite antigens have been shown to cross the placenta and prime or tolerize fetal immune responses. As a result, antenatal infections can have a significant impact on later vaccine responses. Acquired childhood parasitic infections, most commonly malaria, can also affect subsequent immune response to vaccination. Additional data suggest that antiparasite therapy can improve the effectiveness of several human vaccines. Emerging evidence demonstrates that both antenatal and childhood parasitic infections alter levels of protective immune response to routine vaccinations. Successful antiparasite treatment may prevent immunomodulation caused by parasitic antigens during pregnancy and early childhood and may improve vaccine efficacy. Future research should highlight the varied effects that different parasites (alone and in combination) can have on human vaccine-related immunity. To optimize vaccine effectiveness in developing countries, better control of chronic NTDs may prove imperative

Maternal Geohelminth Infections Are Associated with an Increased Susceptibility to Geohelminth Infection in Children: A Case-Control Study

Background: Children of mothers infected with soil-transmitted helminths (STH) may have an increased susceptibility to STH infection. Methods and Findings: We did a case-control study nested in a birth cohort in Ecuador. Data from 1,004 children aged 7 months to 3 years were analyzed. Cases were defined as children with Ascaris lumbricoides and/or Trichuris trichiura, controls without. Exposure was defined as maternal infection with A. lumbricoides and/or T. trichiura, detected during the third trimester of pregnancy. The analysis was restricted to households with a documented infection to control for infection risk. Children of mothers with STH infections had a greater risk of infection compared to children of uninfected mothers (adjusted OR 2.61, 95% CI: 1.88–3.63, p,0.001). This effect was particularly strong in children of mothers with both STH infections (adjusted OR: 5.91, 95% CI: 3.55–9.81, p,0.001). Newborns of infected mothers had greater levels of plasma IL-10 than those of uninfected mothers (p = 0.033), and there was evidence that cord blood IL-10 was increased among newborns who became infected later in childhood (p = 0.060). Conclusion: Our data suggest that maternal STH infections increase susceptibility to infection during early childhood, an effect that was associated with elevated IL-10 in cord plasma

BRDF of Salt Pan Regolith Samples

Laboratory Bi-directional Reflectance Distribution Function (BRDF) measurements of salt pan regolith samples are presented in this study in an effort to understand the role of spatial and spectral variability of the natural biome. The samples were obtained from Etosha Pan, Namibia (19.20 deg S, 15.93 deg E, alt. 1100 m). It is shown how the BRDF depends on the measurement geometry - incident and scatter angles and on the sample particle sizes. As a demonstration of the application of the results, airborne BRDF measurements acquires with NASA's Cloud Absorption Radiometer (CAR) over the same general site where the regolith samples were collected are compared with the laboratory results. Good agreement between laboratory measured and field measured BRDF is reported

Testing metallicity indicators at z~1.4 with the gravitationally lensed galaxy CASSOWARY 20

We present X-shooter observations of CASSOWARY 20 (CSWA 20), a star-forming (SFR ~6 Msol/yr) galaxy at z=1.433, magnified by a factor of 11.5 by the gravitational lensing produced by a massive foreground galaxy at z=0.741. We analysed the integrated physical properties of the HII regions of CSWA 20 using temperature- and density-sensitive emission lines. We find the abundance of oxygen to be ~1/7 of solar, while carbon is ~50 times less abundant than in the Sun. The unusually low C/O ratio may be an indication of a particularly rapid timescale of chemical enrichment. The wide wavelength coverage of X-shooter gives us access to five different methods for determining the metallicity of CSWA 20, three based on emission lines from HII regions and two on absorption features formed in the atmospheres of massive stars. All five estimates are in agreement, within the factor of ~2 uncertainty of each method. The interstellar medium of CSWA 20 only partially covers the star-forming region as viewed from our direction; in particular, absorption lines from neutrals and first ions are exceptionally weak. We find evidence for large-scale outflows of the interstellar medium (ISM) with speeds of up 750 km/s, similar to the values measured in other high-z galaxies sustaining much higher rates of star formation.Comment: 18 pages, 11 figures, accepted for publication in MNRA