12,847 research outputs found
Tuning the Dirac Cone of Bilayer and Bulk Structure Graphene by Intercalating First Row Transition Metals using First Principles Calculations
Modern nanoscience has focused on two-dimensional (2D) layer structure
materials which have garnered tremendous attention due to their unique
physical, chemical and electronic properties since the discovery of graphene in
2004. Recent advancement in graphene nanotechnology opens a new avenue of
creating 2D bilayer graphene (BLG) intercalates. Using first-principles DFT
techniques, we have designed 20 new materials \textit{in-silico} by
intercalating first row transition metals (TMs) with BLG, i.e. 10 layered
structure and 10 bulk crystal structures of TM intercalated in BLG. We
investigated the equilibrium structure and electronic properties of layered and
bulk structure BLG intercalated with first row TMs (Sc-Zn). The present DFT
calculations show that the 2 sub-shells of C atoms in graphene and the
3 sub-shells of the TM atoms provide the electron density near the
Fermi level controlling the material properties of the BLG-intercalated
materials. This article highlights how the Dirac point moves in both the BLG
and bulk-BLG given a different TM intercalated materials. The implications of
controllable electronic structure and properties of intercalated BLG-TM for
future device applications are discussed. This work opens up new avenues for
the efficient production of two-dimensional and three-dimensional carbon-based
intercalated materials with promising future applications in nanomaterial
science.Comment: 60 pages, 9 figures. arXiv admin note: text overlap with
arXiv:1701.03936 by other author
Possible cosmological implications in electrodynamics due to variations of the fine structure constant
Astronomical observations are suggesting that the fine structure constant
varies cosmologically. We present an analysis on the consequences that these
variations might induce on the electromagnetic field as a whole. We show that
under these circumstances the electrodynamics in vacuum could be described by
two fields, the ``standard'' Maxwell's field and a new scalar field. We provide
a generalised Lorentz force which can be used to test our results
experimentally.Comment: 7 pages, no figures. Accepted for publication in Rev. Mex. Fis. (Some
extra information included, references added and small corrections made to
the original version
Governance in Southeast Asia: Issues and Options
This paper attempts to analyze governance systems in Southeast Asia and proposes some policy suggestions that can improve governance practices in the region. It also discusses the links between governance and official development assistance (ODA) and the role of the Japan Bank for International Cooperation. To put the discussion on governance systems in a proper context, the paper discusses the governance and growth nexus in Southeast Asia; describes the operating governance systems in Southeast Asia; analyzes economic governance, more specifically in the areas of economic management and growth, revenue generation, social spending, access to services, cost of doing business, and corporate governance; and examines political governance, focusing on the rule of law and judicial independence, conflict management, and voice participation.governance, development program, corruption
Winners and Losers of Tax Competition in the European Union
This paper quantifies the macroeconomic effects of capital income tax competition in the European Union using a two-country neoclassical dynamic general equilibrium model. This model incorporates three key externalities of tax competition: the relative price externality, the wealth distribution externality and the fiscal solvency externality. We consider tax strategies limited to the class of time-invariant taxes and allow governments to issue debt to smooth the tax burden. The analysis starts from a pre-tax-competition equilibrium calibrated to represent the United Kingdom and Continental Europe (France, Germany and Italy) using data from the early 1980s, just before the European integration of financial markets. When labor taxes adjust to maintain fiscal solvency, competition does not trigger a race to the bottom' in capital taxes. The UK makes a large welfare gain and cuts its capital tax. Continental Europe increases both labor and capital taxes and suffers a large welfare loss. These results are consistent with evidence showing that over the last two decades the UK lowered its capital tax, while Continental Europe increased both capital and labor taxes. When consumption taxes adjust to maintain fiscal solvency, there is a race to the bottom' in capital taxes but both the UK and Continental Europe are better off than in the pre-tax-competition equilibrium. The gains from coordination in all of these experiments are trivial.
Winners and Losers of Tax Competition in the European Union
This paper quantifies the macroeconomic effects of capital income tax competition in the European Union using a two-country neoclassical dynamic general equilibrium model. This model incorporates three key externalities of tax competition: the relative price externality, the wealth distribution externality and the fiscal solvency externality. We consider tax strategies limited to the class of time-invariant taxes and allow governments to issue debt to smooth the tax burden. The analysis starts from a pre-tax-competition equilibrium calibrated to represent the United Kingdom and Continental Europe (France, Germany and Italy) using data from the early 1980s, just before the European integration of financial markets. When labor taxes adjust to maintain fiscal solvency, competition does not trigger a “race to the bottom” in capital taxes. The UK makes a large welfare gain and cuts its capital tax. Continental Europe increases both labor and capital taxes and suffers a large welfare loss. These results are consistent with evidence showing that over the last two decades the UK lowered its capital tax, while Continental Europe increased both capital and labor taxes. When consumption taxes adjust to maintain fiscal solvency, there is a “race to the bottom” in capital taxes but both the UK and Continental Europe are better off than in the pre-tax-competition equilibrium. The gains from coordination in all of these experiments are trivial.
Governance in Southeast Asia: Issues and Options
This paper attempts to analyze governance systems in Southeast Asia and proposes some policy suggestions that can improve governance practices in the region. To put the discussion on governance systems in a proper context, the paper discusses the governance and growth nexus in Southeast Asia; describes the operating governance systems in Southeast Asia; analyzes economic governance, more specifically in the areas of economic management and growth, revenue generation, social spending, access to services, cost of doing business, and corporate governance; and examines political governance focusing on the rule of law and judicial independence, conflict management, and voice participation.governance, development program, corruption
A Quantitative Analysis of Tax Competition v. Tax Coordination under Perfect Capital Mobility
Theory predicts that strategically-determined tax rates induce negative externalities across countries in relative prices, the wealth distribution and tax revenue. This paper studies the interaction of these externalities in a dynamic, general equilibrium environment and its effects on quantitative outcomes of tax competition in one-shot games over capital income taxes between two governments that set time-invariant taxes and issue debt. Strategic payoffs correspond to welfare gains net of the cost of transitional dynamics in a standard neoclassical two-country model with exogenous balanced growth. The model is calibrated to European data for the early 1980s starting from a benchmark with symmetric countries. When countries compete over capital taxes adjusting labor taxes to maintain fiscal solvency, the Nash equilibrium replicates calibrated taxes, suggesting that European taxes can be the outcome of Nash competition. When consumption taxes are adjusted to maintain fiscal solvency, competition triggers a “race to the bottom” in capital taxes but this outcome is welfare-improving relative to calibrated taxes. Sensitivity analysis shows that competition can produce a “race to the top” in capital taxes and that the United Kingdom can benefit from tax competition with Continental Europe. Surprisingly, the gains from coordination in all of these experiments are small.
A Quantitative Analysis of Tax Competition v. Tax Coordination under Perfect Capital Mobility
Theory predicts that strategically-determined tax rates induce negative externalities across countries in relative prices, the wealth distribution and tax revenue. This paper studies the interaction of these externalities in a dynamic, general equilibrium environment and its effects on quantitative outcomes of tax competition in one-shot games over capital income taxes between two governments that set time-invariant taxes and issue debt. Strategic payoffs correspond to welfare gains net of the cost of transitional dynamics in a standard neoclassical two-country model with exogenous balanced growth. The model is calibrated to European data for the early 1980s starting from a benchmark with symmetric countries. When countries compete over capital taxes adjusting labor taxes to maintain fiscal solvency, the Nash equilibrium replicates calibrated taxes, suggesting that European taxes can be the outcome of Nash competition. When consumption taxes are adjusted to maintain fiscal solvency, competition triggers a race to the bottom' in capital taxes but this outcome is welfare-improving relative to calibrated taxes. Sensitivity analysis shows that competition can produce a race to the top' in capital taxes and that the United Kingdom can benefit from tax competition with Continental Europe. Surprisingly, the gains from coordination in all of these experiments are small.
Governance in Southeast Asia: Issues and Options
This paper attempts to analyze governance systems in Southeast Asia and proposes some policy suggestions that can improve governance practices in the region. To put the discussion on governance systems in a proper context, the paper discusses the governance and growth nexus in Southeast Asia; describes the operating governance systems in Southeast Asia; analyzes economic governance, more specifically in the areas of economic management and growth, revenue generation, social spending, access to services, cost of doing business, and corporate governance; and examines political governance focusing on the rule of law and judicial independence, conflict management, and voice participation.governance, development program, corruption
- …