Technical Efficiency in the Iron and Steel Industry: A Stochastic Frontier Approach

In this paper we examine the technical efficiency of firms in the iron and steel industry and try to identify the factors contributing to the industry's efficiency growth, using a time-varying stochastic frontier model. Based on our findings, which pertain to 52 iron and steel firms over the period of 1978-1997, POSCO and Nippon Steel were the most efficient firms, with their production, on average, exceeding 95 percent of their potential output. Our findings also shed light on possible sources of efficiency growth in the industry. If a firm is government-owned, its privatization is likely to improve its technical efficiency to a great extent. A firm's technical efficiency also tends to be positively related to its production level as measured by a share of the total world production of crude steel. Another important source of efficiency growth identified by our empirical findings is adoption of new technologies and equipment. Our findings clearly indicate that continued efforts to update technologies and equipment are critical in pursuit of efficiency in the iron and steel industry.

Direct observation of microscopic change induced by oxygen vacancy drift in amorphous TiO2 thin films

To clarify the resistive switching and failure mechanisms in Al/amorphous TiO2 /Al devices we investigate the microscopic change in amorphous titanium oxide films and interface layers after the set process according to film deposition temperatures. For low temperature (<150 ??C) samples, the thickness of top interface layer decreased after the set process due to the dissociation of a top interface layer by uniform migration of oxygen vacancies. Meanwhile, for high temperature samples, crystalline TiO phases emerged in the failed state, meaning the formation of conducting paths from the local clustering of oxygen vacancies in nonhomogeneous titanium oxide film.open221

Optimal Gaussian measurements for phase estimation in single-mode Gaussian metrology

The central issue in quantum parameter estimation is to find out the optimal measurement setup that leads to the ultimate lower bound of an estimation error. We address here a question of whether a Gaussian measurement scheme can achieve the ultimate bound for phase estimation in single-mode Gaussian metrology that exploits single-mode Gaussian probe states in a Gaussian environment. We identify three types of optimal Gaussian measurement setups yielding the maximal Fisher information depending on displacement, squeezing, and thermalization of the probe state. We show that the homodyne measurement attains the ultimate bound for both displaced thermal probe states and squeezed vacuum probe states, whereas for the other single-mode Gaussian probe states, the optimized Gaussian measurement cannot be the optimal setup, although they are sometimes nearly optimal. We then demonstrate that the measurement on the basis of the product quadrature operators XP+PX, i.e., a non-Gaussian measurement, is required to be fully optimal.Comment: 13 pages, 6 figure