Fixed Export Cost heterogeneity, Trade and Welfare

Recent literature on the workhorse model of intra-industry trade has explored heterogeneous cost structures at the firm level. These approaches have proven to add realism and predictive power. This paper presents a new and simple heterogeneous-firms specification. We develop a symmetric two-country intra-industry trade model where firms are of two different marginal costs types and where fixed export costs are heterogeneous across firms. This model traces many of the stylized facts of international trade. However, we find that with heterogeneous fixed export costs there exists a positive bilateral tariff that maximizes national and world welfare.Intra-industry trade, trade liberalization, monopolistic competition, heterogeneous firms,welfare, protectionism

Reductions in Real versus Tariff Barriers: The Effects on Industry Concentration

Economic integration in Europe has had ambiguous effects on industry concentration. The literature has proposed various explanations of the empirical findings. The present paper provides an additional theoretical argument. We show that in a world of monopolistic competition, integration in it self (modelled as a reduction of trade barriers) generates opposing effects on industry concentration, depending on wether the barrier is a real (frictional) or a tariff cost. In particular, the Herfindahl index of industry concentration falls for a reduction in real costs, but rises for a reduction in tariff costs. The reason is that real barriers burn up resources, such that industry profitability is reduced, reducing entry, and resulting in fewer firms and higher concentration. Under a tariff barrier, the redistributed tariff revenue stabilises industry profitability, resulting in more firms and lower concentration.real costs; tariff costs; industry concentration; market structure; integration

Thermophilic Sulfate Reduction in Hydrothermal Sediment of Lake Tanganyika, East Africa

In environments with temperatures above 60 degrees C, thermophilic prokaryotes are the only metabolically active life-forms. By using the (SO42-)-S-35 tracer technique, we studied the activity of sulfate-reducing microorganisms (SRM) in hot sediment from a hydrothermal vent site in the northern part of freshwater Lake Tanganyika (East Africa). Incubation of slurry samples at 8 to 90 degrees C demonstrated meso- and thermophilic sulfate reduction with optimum temperatures of 34 to 45 degrees C and 56 to 65 degrees C, respectively, and with an upper temperature limit of 80 degrees C. Sulfate reduction was stimulated at all temperatures by the addition of short-chain fatty acids and benzoate or complex substrates (yeast extract and peptone). A time course experiment showed that linear thermophilic sulfate consumption occurred after a lag phase (12 h) and indicated the presence of a large population of SRM in the hydrothermal sediment. Thermophilic sulfate reduction had a pH optimum of about 7 and was completely inhibited at pH 8.8 to 9.2. SRM could be enriched from hydrothermal chimney and sediment samples at 60 and 75 degrees C. In lactate-grown enrichments, sulfide production occurred at up to 70 and 75 degrees C, with optima at 63 and 71 degrees C, respectively. Several sporulating thermophilic enrichments were morphologically similar to Desulfotomaculum spp. Dissimilatory sulfate reduction in the studied hydrothermal area of Lake Tanganyika apparently has an upper temperature limit of 80 degrees C

Self-Similarity and Lamperti Convergence for Families of Stochastic Processes

We define a new type of self-similarity for one-parameter families of stochastic processes, which applies to a number of important families of processes that are not self-similar in the conventional sense. This includes a new class of fractional Hougaard motions defined as moving averages of Hougaard L\'evy process, as well as some well-known families of Hougaard L\'evy processes such as the Poisson processes, Brownian motions with drift, and the inverse Gaussian processes. Such families have many properties in common with ordinary self-similar processes, including the form of their covariance functions, and the fact that they appear as limits in a Lamperti-type limit theorem for families of stochastic processes.Comment: 23 pages. IMADA preprint 2010-09-0

The scaling relations of early--type galaxies in clusters I. Surface photometry in seven nearby clusters

This is the first paper of a series investigating the scaling relations of early-type galaxies in clusters. Here we illustrate the multi-band imagery and the image reduction and calibration procedures relative to the whole sample of 22 clusters at 0.05 < z < 0.25. We also present the detailed surface photometry of 312 early-type galaxies in 7 clusters in the first redshift bin, z~0.025-0.075. We give for each galaxy the complete set of luminosity and geometrical profiles, and and a number of global, photometric and morphological parameters. They have been evaluated taking into account the effects of seeing. Internal consistency checks and comparisons with data in the literature confirm the quality of our analysis. These data, together with the spectroscopic ones presented in the second paper of the series, will provide the local calibration of the scaling relations.Comment: 36 pages, 13 figures, 7 tables, accepted for publication in A&

On the origin of H_2CO abundance enhancements in low-mass protostars

High angular resolution H_2CO 218 GHz line observations have been carried out toward the low-mass protostars IRAS 16293-2422 and L1448-C using the Owens Valley Millimeter Array at ~2" resolution. Simultaneous 1.37 mm continuum data reveal extended emission which is compared with that predicted by model envelopes constrained from single-dish data. For L1448-C the model density structure works well down to the 400 AU scale to which the interferometer is sensitive. For IRAS 16293-2422 , a known proto-binary object, the interferometer observations indicate that the binary has cleared much of the material in the inner part of the envelope, out to the binary separation of ~800 AU. For both sources there is excess unresolved compact emission centered on the sources, most likely due to accretion disks ≾200 AU in size with masses of ≳0.02 M_☉ (L1448-C) and ≳0.1 M_☉ (IRAS 16293-2422). The H_2CO data for both sources are dominated by emission from gas close to the positions of the continuum peaks. The morphology and velocity structure of the H_2CO array data have been used to investigate whether the abundance enhancements inferred from single-dish modelling are due to thermal evaporation of ices or due to liberation of the ice mantles by shocks in the inner envelope. For IRAS 16293-2422 the H_2CO interferometer observations indicate the presence of rotation roughly perpendicular to the large scale CO outflow. The H_2CO distribution differs from that of C^(18)O, with C^(18)O emission peaking near MM1 and H_2CO stronger near MM2. For L1448-C, the region of enhanced H_2CO emission extends over a much larger scale >1" than the radius of 50-100 K (0."6-0".15) where thermal evaporation can occur. The red-blue asymmetry of the emission is consistent with the outflow; however the velocities are significantly lower. The H_2CO 3_(22)-2_(21)/3_(03)-2_(02) flux ratio derived from the interferometer data is significantly higher than that found from single-dish observations for both objects, suggesting that the compact emission arises from warmer gas. Detailed radiative transfer modeling shows, however, that the ratio is affected by abundance gradients and optical depth in the 3_(03)-2_(02) line. It is concluded that a constant H_2CO abundance throughout the envelope cannot fit the interferometer data of the two H_2CO lines simultaneously on the longest and shortest baselines. A scenario in which the H_2CO abundance drops in the cold dense part of the envelope where CO is frozen out but is undepleted in the outermost region provides good fits to the single-dish and interferometer data on short baselines for both sources. Emission on the longer baselines is best reproduced if the H_2CO abundance is increased by about an order of magnitude from ~ 10^(-10) to ~ 10^(-9) in the inner parts of the envelope due to thermal evaporation when the temperature exceeds ~50 K. The presence of additional H_2CO abundance jumps in the innermost hot core region or in the disk cannot be firmly established, however, with the present sensitivity and resolution. Other scenarios, including weak outflow-envelope interactions and photon heating of the envelope, are discussed and predictions for future generation interferometers are presented, illustrating their potential in distinguishing these competing scenarios

High Frame-rate Imaging Based Photometry, Photometric Reduction of Data from Electron-multiplying Charge Coupled Devices (EMCCDs)

The EMCCD is a type of CCD that delivers fast readout times and negligible readout noise, making it an ideal detector for high frame rate applications which improve resolution, like lucky imaging or shift-and-add. This improvement in resolution can potentially improve the photometry of faint stars in extremely crowded fields significantly by alleviating crowding. Alleviating crowding is a prerequisite for observing gravitational microlensing in main sequence stars towards the galactic bulge. However, the photometric stability of this device has not been assessed. The EMCCD has sources of noise not found in conventional CCDs, and new methods for handling these must be developed. We aim to investigate how the normal photometric reduction steps from conventional CCDs should be adjusted to be applicable to EMCCD data. One complication is that a bias frame cannot be obtained conventionally, as the output from an EMCCD is not normally distributed. Also, the readout process generates spurious charges in any CCD, but in EMCCD data, these charges are visible as opposed to the conventional CCD. Furthermore we aim to eliminate the photon waste associated with lucky imaging by combining this method with shift-and-add. A simple probabilistic model for the dark output of an EMCCD is developed. Fitting this model with the expectation-maximization algorithm allows us to estimate the bias, readout noise, amplification, and spurious charge rate per pixel and thus correct for these phenomena. To investigate the stability of the photometry, corrected frames of a crowded field are reduced with a PSF fitting photometry package, where a lucky image is used as a reference. We find that it is possible to develop an algorithm that elegantly reduces EMCCD data and produces stable photometry at the 1% level in an extremely crowded field.Comment: Submitted to Astronomy and Astrophysic