Legacy of Khmer Rouge on Skill Formation in Cambodia

This paper explores the effects of the demographic shocks related to the genocide of Khmer Rouge regime and their implications on skill formation in Cambodia. We found that the mass and targeted massacre created a deep hole in the middle-aged and the educated. After the end of the regime and the subsequent transition periods, baby boom followed. This baby-boom generation youth had difficulty in finding qualified teachers at schools and experienced mentors at workplaces and this led to the breaks of the intergenerational link of human capital transfer in Cambodia. Unfortunately, the current curriculum design of the TVET and general education in Cambodia is biased against the skill needs of the Cambodian labor market. Fixing these problems is an urgent issue for the sustainable development in Cambodia

Finance, Growth, and Inequality: New Evidence from the Panel VAR Perspective

This study analyzes the relationship among financial development, economic growth, and income inequality using cross-country panel VAR models. Most theoretical models state that these variables interact with one another and generate feedback dynamics. Under the presence of such interactive dynamics, single-equation regression analysis cannot capture the genuine relationship among finance, growth, and inequality. We use the panel VAR models to reflect these interactive feedback dynamics. Our estimation results suggest that the real GDP per capita decreases in response to financial deepening shock in private credit or liquid liability but increases to stock market capitalization shock. The effects of financial deepening on inequality are only weakly positive and short-lived. Positive income shock tends to increase inequality but this effect is not robust to financial deepening measures. However, inequality is harmful for growth controlling for every financial deepening measure

Natural durability of some hardwoods imported into korea for deck boards against decay fungi and subterranean termite in accelerated laboratory tests

This study evaluated the natural durability of seven imported hardwoods (bangkirai, burckella, ipe, jarrah, kempas, malas, and merbau) used for deck boards against decay fungi (Fomitopsis palustris, Gloeophyllum trabeum, Trametes versicolor, and Irpex lacteus) and the subterranean termite (Reticulitermes speratus kyushuensis) in accelerated laboratory tests. Ipe, jarrah, and merbau were very durable to fungal attack, with performance comparable to ACQ-treated wood. Bangkirai, burckella, kempas, and malas were classified as durable or moderately durable, depending on the fungal species tested. All wood species except for merbau were highly resistant to termite attack. Termite resistance was similar to ACQ-treated wood. Merbau showed somewhat less than all other species but still significant termite resistance. These results indicated that selected naturally durable hardwood species could inhibit fungal and termite attacks as effectively as ACQ treatment. The natural durability of wood species tested in this study is most likely due to the biocidal extractive content of the wood

Assessment of satellite rainfall nowcasting based on extrapolation technique

Póster presentado en: 3rd European Nowcasting Conference, celebrada en la sede central de AEMET en Madrid del 24 al 26 de abril de 2019