FDI, income inequality and poverty : a time series analysis of Portugal, 1973–2016

Using time series data for Portugal between 1973 and 2016, this paper examines to what extent, inward FDI contributes to income inequality and poverty in the long-run. It was found that increased flows of inward FDI are associated with a less unequal income distribution and lower poverty rates. The results further suggest that, in the Portuguese case there is mutual causality between inward FDI and poverty in the long run, i.e., FDI significantly reduces poverty, and lower levels of poverty lead to higher inward FDI flows. In the case of inequality, the evidence shows that FDI does not contribute to higher (or lower) income inequality. Instead, more unequal income distributions significantly and negatively impact on inward FDI in the long run. Finally, human capital emerged as a key determinant to mitigate income inequality and circumvent poverty, contributing, indirectly, to fostering additional FDI inflows. Such results call for integrated public policy interventions that emphasize social and institu- tional dimensions.info:eu-repo/semantics/publishedVersio

Fluctuation-dissipation relations for a plasma-kinetic Langevin equation

A linearised kinetic equation describing electrostatic perturbations of a Maxwellian equilibrium in a weakly collisional plasma forced by a random source is considered. The problem is treated as a kinetic analogue of the Langevin equation and the corresponding fluctuation-dissipation theorem is derived. This kinetic fluctuation-dissipation theorem reduces to the standard "fluid" one in the regime where the Landau damping rate is small and the system has no real frequency; in this case the simplest possible Landau-fluid closure of the kinetic equation coincides with the standard Langevin equation. Phase mixing of density fluctuations and emergence of fine scales in velocity space is diagnosed as a constant flux of free energy in Hermite space; the fluctuation-dissipation theorem for the perturbations of the distribution function is derived, in the form of a universal expression for the Hermite spectrum of the free energy. Finite-collisionality effects are included. This work is aimed at establishing the simplest fluctuation-dissipation relations for a kinetic plasma, clarifying the connection between Landau and Hermite-space formalisms, and setting a benchmark case for a study of phase mixing in turbulent plasmas.Comment: 20 pages, 4 figure

Magnetic island merger as a mechanism for inverse magnetic energy transfer

Magnetic energy transfer from small to large scales due to successive magnetic island coalescence is investigated. A solvable analytical model is introduced and shown to correctly capture the evolution of the main quantities of interest, as borne out by numerical simulations. Magnetic reconnection is identified as the key mechanism enabling the inverse transfer, and setting its properties: magnetic energy decays as $\tilde t^{-1}$, where $\tilde t$ is time normalized to the (appropriately defined) reconnection timescale; and the correlation length of the field grows as $\tilde t^{1/2}$. The magnetic energy spectrum is self-similar, and evolves as $\propto \tilde t ^{-3/2}k^{-2}$, where the $k$-dependence is imparted by the formation of thin current sheets.Comment: 6 pages, 5 figures, submitted for publicatio

Magnetic reconnection and stochastic plasmoid chains in high-Lundquist-number plasmas

A numerical study of magnetic reconnection in the large-Lundquist-number ($S$), plasmoid-dominated regime is carried out for $S$ up to $10^7$. The theoretical model of Uzdensky {\it et al.} [Phys. Rev. Lett. {\bf 105}, 235002 (2010)] is confirmed and partially amended. The normalized reconnection rate is \normEeff\sim 0.02 independently of $S$ for $S\gg10^4$. The plasmoid flux ($\Psi$) and half-width ($w_x$) distribution functions scale as $f(\Psi)\sim \Psi^{-2}$ and $f(w_x)\sim w_x^{-2}$. The joint distribution of $\Psi$ and $w_x$ shows that plasmoids populate a triangular region $w_x\gtrsim\Psi/B_0$, where $B_0$ is the reconnecting field. It is argued that this feature is due to plasmoid coalescence. Macroscopic "monster" plasmoids with $w_x\sim 10$% of the system size are shown to emerge in just a few Alfv\'en times, independently of $S$, suggesting that large disruptive events are an inevitable feature of large-$S$ reconnection.Comment: 5 pages, 6 figures, submitted for publicatio

Magnetic Reconnection Onset via Disruption of a Forming Current Sheet by the Tearing Instability

The recent realization that Sweet-Parker current sheets are violently unstable to the secondary tearing (plasmoid) instability implies that such current sheets cannot occur in real systems. This suggests that, in order to understand the onset of magnetic reconnection, one needs to consider the growth of the tearing instability in a current layer as it is being formed. Such an analysis is performed here in the context of nonlinear resistive MHD for a generic time-dependent equilibrium representing a gradually forming current sheet. It is shown that two onset regimes, single-island and multi-island, are possible, depending on the rate of current sheet formation. A simple model is used to compute the criterion for transition between these two regimes, as well as the reconnection onset time and the current sheet parameters at that moment. For typical solar corona parameters this model yields results consistent with observations.Comment: 5 pages, no figures; accepted for publication in Physical Review Letter

Prediction of overwash in alongshore variable barrier islands [Previsão da ocorrência de galgamentos em ilhas barreira com variabilidade longilitoral]

Overwash prediction is very important for coastal zone management. This work intends to identify alongshore variations in storm impact and evaluate the role of sub-aerial and submerged morphologies in overwash occurrence. For this study, 24 cross-shore topo-bathymetric profiles were set on Barreta Island (Ria Formosa barrier island system, Portugal). Pre- and post-overwash surveys were made between August 2012 and April 2013. During overwash events, tidal levels and wave parameters at breaking were obtained. Overwash occurred under storm and non-storm conditions, the latter coincident with spring high-tide. Beach morphology was spatially variable, and changeable from one overwash episode to the next. Predictions of overwash occurrence were made using the Overwash Potential, defined as the difference between runup and barrier elevation. Several runup equations were tested, and the results compared to the actual observations. The selected predictor provided an accuracy of 88% for the identification of the locations where overwash occurred. This study proves that nearshore and foreshore morphologies have a major impact on the longshore distribution of overwash.info:eu-repo/semantics/publishedVersio