Power in the Multinational Corporation in Industry Equilibrium

Recent theories of the multinational corporation introduce the property rights model of the firm and examine whether to integrate our outsource firm activities locally or to a foreign country. This paper focus instead on the internal organization of the multinational corporation by examining the power allocation between headquarters and subsidiaries. We provide a framework to analyse the interaction between the decision to serve the local market by exporting or FDI, market acces and the optimal mode of organization of the multinational corporation. We find that subsidiary managers are given most autonomy in their decision how to run the firm at intermediate levels of local competition. We then provide comparative statics for changes in fixed FDI entry costs and trade costs, information technology, the number of local competitors, and in the size of the local market

Systematic characterisation of the Herschel SPIRE Fourier Transform Spectrometer

A systematic programme of calibration observations was carried out to monitor the performance of the SPIRE FTS instrument on board the Herschel Space Observatory. Observations of planets (including the prime point-source calibrator, Uranus), asteroids, line sources, dark sky, and cross-calibration sources were made in order to monitor repeatability and sensitivity, and to improve FTS calibration. We present a complete analysis of the full set of calibration observations and use them to assess the performance of the FTS. Particular care is taken to understand and separate out the effect of pointing uncertainties, including the position of the internal beam steering mirror for sparse observations in the early part of the mission. The repeatability of spectral line centre positions is <5km/s, for lines with signal-to-noise ratios >40, corresponding to <0.5-2.0% of a resolution element. For spectral line flux, the repeatability is better than 6%, which improves to 1-2% for spectra corrected for pointing offsets. The continuum repeatability is 4.4% for the SLW band and 13.6% for the SSW band, which reduces to ~1% once the data have been corrected for pointing offsets. Observations of dark sky were used to assess the sensitivity and the systematic offset in the continuum, both of which were found to be consistent across the FTS detector arrays. The average point-source calibrated sensitivity for the centre detectors is 0.20 and 0.21 Jy [1 sigma; 1 hour], for SLW and SSW. The average continuum offset is 0.40 Jy for the SLW band and 0.28 Jy for the SSW band.Comment: 41 pages, 37 figures, 32 tables. Accepted for publication in MNRA

Identification of transitional disks in Chamaeleon with Herschel

Transitional disks are circumstellar disks with inner holes that in some cases are produced by planets and/or substellar companions in these systems. For this reason, these disks are extremely important for the study of planetary system formation. The Herschel Space Observatory provides an unique opportunity for studying the outer regions of protoplanetary disks. In this work we update previous knowledge on the transitional disks in the Chamaeleon I and II regions with data from the Herschel Gould Belt Survey. We propose a new method for transitional disk classification based on the WISE 12 micron-PACS 70 micron color, together with inspection of the Herschel images. We applied this method to the population of Class II sources in the Chamaeleon region and studied the spectral energy distributions of the transitional disks in the sample. We also built the median spectral energy distribution of Class II objects in these regions for comparison with transitional disks. The proposed method allows a clear separation of the known transitional disks from the Class II sources. We find 6 transitional disks, all previously known, and identify 5 objects previously thought to be transitional as possibly non-transitional. We find higher fluxes at the PACS wavelengths in the sample of transitional disks than those of Class II objects. We show the Herschel 70 micron band to be an efficient tool for transitional disk identification. The sensitivity and spatial resolution of Herschel reveals a significant contamination level among the previously identified transitional disk candidates for the two regions, which calls for a revision of previous samples of transitional disks in other regions. The systematic excess found at the PACS bands could be a result of the mechanism that produces the transitional phase, or an indication of different evolutionary paths for transitional disks and Class II sources.Comment: Accepted for publication in A&A: 11 March 2013 11 pages, 15 figure

Mangarara Formation: exhumed remnants of a middle Miocene, temperate carbonate, submarine channel-fan system on the eastern margin of Taranaki Basin, New Zealand

The middle Miocene Mangarara Formation is a thin (1–60 m), laterally discontinuous unit of moderately to highly calcareous (40–90%) facies of sandy to pure limestone, bioclastic sandstone, and conglomerate that crops out in a few valleys in North Taranaki across the transition from King Country Basin into offshore Taranaki Basin. The unit occurs within hemipelagic (slope) mudstone of Manganui Formation, is stratigraphically associated with redeposited sandstone of Moki Formation, and is overlain by redeposited volcaniclastic sandstone of Mohakatino Formation. The calcareous facies of the Mangarara Formation are interpreted to be mainly mass-emplaced deposits having channelised and sheet-like geometries, sedimentary structures supportive of redeposition, mixed environment fossil associations, and stratigraphic enclosure within bathyal mudrocks and flysch. The carbonate component of the deposits consists mainly of bivalves, larger benthic foraminifers (especially Amphistegina), coralline red algae including rhodoliths (Lithothamnion and Mesophyllum), and bryozoans, a warm-temperate, shallow marine skeletal association. While sediment derivation was partly from an eastern contemporary shelf, the bulk of the skeletal carbonate is inferred to have been sourced from shoal carbonate factories around and upon isolated basement highs (Patea-Tongaporutu High) to the south. The Mangarara sediments were redeposited within slope gullies and broad open submarine channels and lobes in the vicinity of the channel-lobe transition zone of a submarine fan system. Different phases of sediment transport and deposition (lateral-accretion and aggradation stages) are identified in the channel infilling. Dual fan systems likely co-existed, one dominating and predominantly siliciclastic in nature (Moki Formation), and the other infrequent and involving the temperate calcareous deposits of Mangarara Formation. The Mangarara Formation is an outcrop analogue for middle Miocene-age carbonate slope-fan deposits elsewhere in subsurface Taranaki Basin, New Zealand

Effect of grain and secondary phase morphologies in the mechanical and damping behavior of Al7075 alloys

The present study evaluates the role of the microstructure in the static and dynamic mechanical behavior of as-cast Al7075 alloy promoted by ultrasonic treatment (US) during solidification. The characterization of samples revealed that US treatment promoted grain and intermetallics refinement, changed the shape of the intermetallic phases (equilibrium phases of soluble M and/or T (Al, Cu, Mg, Zn) and their insoluble Al-Cu-Fe compounds) and lead to their uniform distribution along the grain boundaries. Consequently, the mechanical properties and damping capacity above critical strain values were enhanced by comparison with values obtained for castings produced without US vibration. This results suggest that the grain and secondary phases refinement by US can be a promising solution to process materials to obtain high damping and high strength characteristics.This research was supported by FEDER/COMPETE funds and by national funds through FCT - Portuguese Foundation for Science and Technology and was developed on the aim of the research Post-Doctoral grant SFRH/BPD/76680/2011. Also, this work has been supported by the FCT in the scope of the project: UID/EEA/04436/2013.info:eu-repo/semantics/publishedVersio

Morphological characterization of contourite and mass-wasting recent processes at the Guadalquivir Bank Margin uplift, Gulf of Cádiz

The Gulf of Cadiz records the interplay of a variety of sedimentary processes related to the circulation of water masses. The most important one is the Mediterranean Outflow Water (MOW) that exits the Mediterranean Sea, but other water masses also affect the seafloor, with complex variations along time and space. This work studies the interplay between oceanographic and gravitational sedimentary processes on the Guadalquivir Ridge, based on bathymetry and high-resolution seismic profiles. A series of morphological features including flat terraces, circular/elliptical depressions, semicircular scarps and valley-shaped features are analysed in order to better understand the interaction between water masses circulation and mass-wasting processes of the Gulf of Cadiz.Versión del edito

Towards ensemble asteroseismology of the young open clusters Chi Persei and NGC 6910

As a result of the variability survey in Chi Persei and NGC6910, the number of Beta Cep stars that are members of these two open clusters is increased to twenty stars, nine in NGC6910 and eleven in Chi Persei. We compare pulsational properties, in particular the frequency spectra, of Beta Cep stars in both clusters and explain the differences in terms of the global parameters of the clusters. We also indicate that the more complicated pattern of the variability among B type stars in Chi Persei is very likely caused by higher rotational velocities of stars in this cluster. We conclude that the sample of pulsating stars in the two open clusters constitutes a very good starting point for the ensemble asteroseismology of Beta Cep-type stars and maybe also for other B-type pulsators.Comment: 4 pages, Astronomische Nachrichten, HELAS IV Conference, Arecife, Lanzarote, Feb 2010, submitte

Los montes submarinos en los márgenes continentales de Iberia

Seamounts are first-order morphological elements on continental margins and in oceanic domains, which have been extensively researched over recent decades in all branches of oceanography. These features favour the development of several geological processes, and their study gives us a better understanding of their geological and morphological domains. The seamounts around Iberia are numerous and provide excellent examples of the geodiversity of these morphological elements. Here we present a compilation of 15 seamounts around the Iberian Peninsula. These seamounts have different origins related to the geodynamic evolution (volcanism, extensional or compressive tectonics, and diapirism) of the domains where they are located. The current configuration of their relief has been influenced by Neogene-Quaternary tectonics. Their positioning controls the current morpho-sedimentary processes in the basins and on the margins, and highlights the fact that downslope processes on seamount flanks (mass flows, turbidite flows, and landslides) and processes parallel to seamounts (contouritic currents) correspond to the major geological features they are associated with them. Biogenic structures commonly develop on the tops of seamounts where occasionally isolated shelves form that have carbonate-dominated sedimentation.Los montes submarinos son rasgos morfológicos singulares, cuyo estudio tiene gran relevancia desde el punto de vista de las distintas ramas de la oceanografía. Su presencia favorece el desarrollo de diferentes procesos geológicos y proporciona un mejor conocimiento de los dominios geológicos y morfológicos en los que se encuentran. En el entorno de Iberia, los montes submarinos tienen una amplia representación y tipología. En este trabajo, se presenta una recopilación geológica de 15 montes submarinos (ocho en el Mar Mediterráneo y siete en el Océano Atlántico) de los márgenes continentales de Iberia y en el dominio Oceánico Atlántico, utilizándose levantamientos batimétricos y geofísicos. El origen de estos montes es muy diferente y está relacionado con la evolución geodinámica del dominio geológico en el que aparecen (volcanismo, tectónica extensional o compresional y diapirismo). La configuración actual del relieve ha sido controlada por la actividad tectónica en el Neógeno-Cuaternario. Su presencia controla el desarrollo de los procesos morfosedimentarios recientes de márgenes y cuencas. Los principales procesos sedimentarios asociados a estos montes se relacionan con procesos longitudinales (flujos en masa, flujos turbidíticos, deslizamientos) y transversales a dichos montes (corrientes de contorno). Además es frecuente en ellos el desarrollo de cuerpos biogénicos sobre sus cimas e incluso de plataformas con sedimentación carbonatada. Los montes submarinos de Iberia muestran una gran geodiversidad y constituyen un elemento morfológico de primer orden para comprender los procesos geológicos que tienen lugar en sus márgenes continentales y dominios oceánicos adyacentes.Versión del editor0,000

Grain refinement of Al-Mg-Sc alloy by ultrasonic treatment

In foundry practice, ultrasonic treatment has been used as an efficient technique to achieve grain refinement in aluminium and magnesium alloys. This article shows the strong effect of pouring temperature and ultrasonic treatment at various temperatures on the grain refinement of Al-1 wt% Mg-0.3 wt% Sc alloy. Without ultrasonic treatment, a fine grain structure was obtained at the pouring temperature of 700 °C. The average grain size sharply decreases from 487 ± 20 to 103 ± 2 μm when the pouring temperature decreases from 800 to 700 °C. Ultrasonic vibration proved to be a potential grain refinement technique with a wide range of pouring tem- perature. A microstructure with very fine and homogeneous grains was obtained by applying ultrasonic treatment to the melt at the temperature range between 700 and 740 °C, before pouring. Cavitation-enhanced hetero- geneous nucleation is the mechanism proposed to explain grain refinement by ultrasound in this alloy. Moreover, ultrasonic treatment of the melt was found to lead to cast samples with hardness values similar to those obtained in samples submitted to precipitation hardening, suggesting that ultrasonic treatment can avoid carrying out heat treatment of cast parts.This research was supported by The Project Bridging The Gap, funded by the Erasmus Mundus External Cooperation Window Programme. Acknowledgements also to the University of Minho, for the provision of research facilities