Reforming India’s Fiscal Transfer System : Resolving Vertical and Horizontal Imbalances

Two central problems in a fiscal transfer systemrelate to resolving vertical and horizontal imbalances. In the context of the setting of the 13th Finance Commission, this paper looks at the methodological background of fiscal transfers followed by recent Finance Commissions in India, particularly the Twelfth Finance Commission (TFC). It is noted that in India, there is long - term stability in the share of states after transfers in the combined revenues of the centre and the states. It is argued that this stability depends on linking the share of states in the transfers, particularly tax devolution with the difference in the buoyancies of central and states taxes. In the context of horizontal imbalance, it is argued that some of the recent Finance Commissions have implicitly followed an axiomatic approach to tax devolution and brought in some normative elements in determining grants. In spite of large difference in fiscal capacities, a high degree of equalization has been achieved. It is shown, for example, that in the case of TFC recommended transfers, nearly 88 percent of needed equalization was achieved while devoting 50 percent of transfers to resolving vertical imbalance. Amethodology is also developed to determine weights of vertical and equalizing components of transfers through devolution. In the case of the Twelfth Finance Commission, the horizontal component of tax devolution is strengthened by a scheme of equalizing health and education grants.fiscal transfer system, vertical imbalance, horizontal imbalance, Twelfth Finance Commission

Lyapunov Exponents without Rescaling and Reorthogonalization

We present a new method for the computation of Lyapunov exponents utilizing representations of orthogonal matrices applied to decompositions of M or MM_trans where M is the tangent map. This method uses a minimal set of variables, does not require renormalization or reorthogonalization, can be used to efficiently compute partial Lyapunov spectra, and does not break down when the Lyapunov spectrum is degenerate.Comment: 4 pages, no figures, uses RevTeX plus macro (included). Phys. Rev. Lett. (in press

Remarks on non-gaussian fluctuations of the inflaton and constancy of \zeta outside the horizon

We point out that the non-gaussianity arising from cubic self interactions of the inflaton field is proportional to \xi N_e where \xi ~ V"' and N_e is the number of e-foldings from horizon exit till the end of inflation. For scales of interest N_e = 60, and for models of inflation such as new inflation, natural inflation and running mass inflation \xi is large compared to the slow roll parameter \epsilon ~ V'^{2}. Therefore the contribution from self interactions should not be outrightly ignored while retaining other terms in the non-gaussianity parameter f_{NL}. But the N_e dependent term seems to imply the growth of non-gaussianities outside the horizon. Therefore we briefly discuss the issue of the constancy of correlations of the curvature perturbation \zeta outside the horizon. We then calculate the 3-point function of the inflaton fluctuations using the canonical formalism and further obtain the 3-point function of \zeta_k. We find that the N_e dependent contribution to f_{NL} from self interactions of the inflaton field is cancelled by contributions from other terms associated with non-linearities in cosmological perturbation theory.Comment: 16 pages, Minor changes, matches the published version. v3: Minor typo correcte

Spatial synchronization and extinction of species under external forcing

We study the interplay between synchronization and extinction of a species. Using a general model we show that under a common external forcing, the species with a quadratic saturation term in the population dynamics first undergoes spatial synchronization and then extinction, thereby avoiding the rescue effect. This is because the saturation term reduces the synchronization time scale but not the extinction time scale. The effect can be observed even when the external forcing acts only on some locations provided there is a synchronizing term in the dynamics. Absence of the quadratic saturation term can help the species to avoid extinction.Comment: 4 pages, 2 figure

On the Weakening of Chromospheric Magnetic Field in Active Regions

Simultaneous measurement of line-of-sight (LOS) magnetic and velocity fields at the photosphere and chromosphere are presented. Fe I line at $\lambda6569$ and $H_{\alpha}$ at $\lambda6563$ are used respectively for deriving the physical parameters at photospheric and chromospheric heights. The LOS magnetic field obtained through the center-of-gravity method show a linear relation between photospheric and chromospheric field for field strengths less than 700 G. But in strong field regions, the LOS magnetic field values derived from $H_{\alpha}$ are much weaker than what one gets from the linear relationship and also from those expected from the extrapolation of the photospheric magnetic field. We discuss in detail the properties of magnetic field observed in $H_{\alpha}$ from the point of view of observed velocity gradients. The bisector analysis of $H_{\alpha}$ Stokes $I$ profiles show larger velocity gradients in those places where strong photospheric magnetic fields are observed. These observations may support the view that the stronger fields diverge faster with height compared to weaker fields.Comment: accepted for publication in Ap

Deep ROSAT-HRI observations of the NGC 1399/NGC 1404 region: morphology and structure of the X-ray halo

We present the analysis of a deep (167 ks) ROSAT HRI observation of the cD galaxy NGC 1399 in the Fornax cluster. Using both HRI and, at larger radii, archival PSPC data, we find that the radial behavior of the X-ray surface brightness profile is not consistent with a simple Beta model and suggests instead three distinct components. We use a multi-component bidimensional model to study in detail these three components that we identify respectively with the cooling flow region, the galactic and the cluster halo. From these data we derive a binding mass distribution in agreement with that suggested by optical dynamical indicators, with an inner core dominated by luminous matter and an extended dark halo differently distributed on galactic and cluster scales. The HRI data and a preliminary analysis of Chandra public data, allow us to detect significant density fluctuations in the halo. We discuss possible non-equilibrium scenarios to explain the hot halo structure, including tidal interactions with neighboring galaxies, ram stripping from the intra-cluster medium and merging events. In the innermost region of NGC 1399, the comparison between the X-ray and radio emission suggests that the radio emitting plasma is displacing and producing shocks in the hot X-ray emitting gas. We found that the NGC 1404 halo is well represented by a single symmetric Beta model and follows the stellar light profile within the inner 8 kpc. The mass distribution is similar to the `central' component of the NGC 1399 halo. At larger radii ram pressure stripping from the intra-cluster medium produces strong asymmetries in the gas distribution. Finally we discuss the properties of the point source population finding evidence of correlation between the source excess and NGC 1399.Comment: 34 pages in aastex5.0 format, including 28 B&W and 4 color figures. Uses LaTex packages: subfigure, lscape and psfig. Accepted for publication in ApJ. High resolution version can be found at: http://www.na.astro.it/~paolillo/publications.htm

Rescue of Pressure Overload-Induced Heart Failure by Estrogen Therapy.

BackgroundEstrogen pretreatment has been shown to attenuate the development of heart hypertrophy, but it is not known whether estrogen could also rescue heart failure (HF). Furthermore, the heart has all the machinery to locally biosynthesize estrogen via aromatase, but the role of local cardiac estrogen synthesis in HF has not yet been studied. Here we hypothesized that cardiac estrogen is reduced in HF and examined whether exogenous estrogen therapy can rescue HF.Methods and resultsHF was induced by transaortic constriction in mice, and once mice reached an ejection fraction (EF) of ≈35%, they were treated with estrogen for 10 days. Cardiac structure and function, angiogenesis, and fibrosis were assessed, and estrogen was measured in plasma and in heart. Cardiac estrogen concentrations (6.18±1.12 pg/160 mg heart in HF versus 17.79±1.28 pg/mL in control) and aromatase transcripts (0.19±0.04, normalized to control, P<0.05) were significantly reduced in HF. Estrogen therapy increased cardiac estrogen 3-fold and restored aromatase transcripts. Estrogen also rescued HF by restoring ejection fraction to 53.1±1.3% (P<0.001) and improving cardiac hemodynamics both in male and female mice. Estrogen therapy stimulated angiogenesis as capillary density increased from 0.66±0.07 in HF to 2.83±0.14 (P<0.001, normalized to control) and reversed the fibrotic scarring observed in HF (45.5±2.8% in HF versus 5.3±1.0%, P<0.001). Stimulation of angiogenesis by estrogen seems to be one of the key mechanisms, since in the presence of an angiogenesis inhibitor estrogen failed to rescue HF (ejection fraction=29.3±2.1%, P<0.001 versus E2).ConclusionsEstrogen rescues pre-existing HF by restoring cardiac estrogen and aromatase, stimulating angiogenesis, and suppressing fibrosis