Measuring Integration and Efficiency in Maize Grain Markets: The Case of South Africa and Mozambique

Price transmission between the South African market and other regional markets is not as straightforward, despite South Africa’s role of a surplus producer for the region. There appears to be a host of local factors that must be taken into account in order to anticipate the likely level of regional food prices. This article assesses the degree of market integration and the speed of price adjustment to spatial price differentials between the SAFEX maize price in South Africa and maize grain and maize meal prices in Maputo, Mozambique. The findings of this study indicate that under certain trading regimes, there is no evidence of a long-run relationship between Mozambican and South African maize grain prices. This implies that any large deviations, within these regimes, which exceed transaction costs, could continue to grow with no tendency towards equilibrium. However, the trade volume data indicates maize grain exports from South Africa into Mozambique in every month except for three within the sample set. Hence, the empirical findings of this paper are unexpected given a simple arbitrage argument. Possible reasons for these findings are highlighted in the article. It is interesting to note that when the same empirical analysis is undertaken for the SAFEX maize prices and maize meal prices in Maputo then there is in fact evidence of a long-run relationship between these prices in a high import regime. These findings are not surprising and are what we would expect since two of the largest milling companies, located in Maputo are responsible for the majority of the volume of maize grain imported into the country from South Africa.price transmission, market integration, cointegration, trade regimes, Crop Production/Industries,

Assessment of flying-quality criteria for air-breathing aerospacecraft

A study of flying quality requirements for air breathing aerospacecraft gives special emphasis to the unusual operational requirements and characteristics of these aircraft, including operation at hypersonic speed. The report considers distinguishing characteristics of these vehicles, including dynamic deficiencies and their implications for control. Particular emphasis is given to the interaction of the airframe and propulsion system, and the requirements for dynamic systems integration. Past operational missions are reviewed to define tasks and maneuvers to be considered for this class of aircraft. Areas of special concern with respect to vehicle dynamics and control are identified. Experience with the space shuttle orbiter is reviewed with respect to flight control system mechanization and flight experience in approach and landing flying qualities for the National Aerospace Plane (NASP)

Advanced aeroservoelastic stabilization techniques for hypersonic flight vehicles

Advanced high performance vehicles, including Single-Stage-To-Orbit (SSTO) hypersonic flight vehicles, that are statically unstable, require higher bandwidth flight control systems to compensate for the instability resulting in interactions between the flight control system, the engine/propulsion dynamics, and the low frequency structural modes. Military specifications, such as MIL-F-9490D and MIL-F-87242, tend to limit treatment of structural modes to conventional gain stabilization techniques. The conventional gain stabilization techniques, however, introduce low frequency effective time delays which can be troublesome from a flying qualities standpoint. These time delays can be alleviated by appropriate blending of gain and phase stabilization techniques (referred to as Hybrid Phase Stabilization or HPS) for the low frequency structural modes. The potential of using HPS for compensating structural mode interaction was previously explored. It was shown that effective time delay was significantly reduced with the use of HPS; however, the HPS design was seen to have greater residual response than a conventional gain stablized design. Additional work performed to advance and refine the HPS design procedure, to further develop residual response metrics as a basis for alternative structural stability specifications, and to develop strategies for validating HPS design and specification concepts in manned simulation is presented. Stabilization design sensitivity to structural uncertainties and aircraft-centered requirements are also assessed

Spin transfer switching of spin valve nanopillars using nanosecond pulsed currents

Spin valve nanopillars are reversed via the mechanism of spin momentum transfer using current pulses applied perpendicular to the film plane of the device. The applied pulses were varied in amplitude from 1.8 mA to 7.8 mA, and varied in duration within the range of 100 ps to 200 ns. The probability of device reversal is measured as a function of the pulse duration for each pulse amplitude. The reciprocal pulse duration required for 95% reversal probability is linearly related to the pulse current amplitude for currents exceeding 1.9 mA. For this device, 1.9 mA marks the crossover between dynamic reversal at larger currents and reversal by thermal activation for smaller currents

Dielectric (p,q) Strings in a Throat

We calculate the (p,q) string spectrum in a warped deformed conifold using the dielectric brane method. The spectrum is shown to have the same functional form as in the dual picture of a wrapped D3-brane with electric and magnetic fluxes on its world volume. The agreement is exact in the limit where q is large. We also calculate the dielectric spectrum in the S-dual picture. The spectrum in the S-dual picture has the same form as in the original picture but it is not exactly S-dual invariant due to an interchange of Casimirs of the non-Abelian gauge symmetries. We argue that in order to restore S-duality invariance the non-Abelian brane action should be refined, probably by a better prescription for the non-Abelian trace operation

Fuzzy Sphere Dynamics and Non-Abelian DBI in Curved Backgrounds

We consider the non-Abelian action for the dynamics of $N Dp'$-branes in the background of $M Dp$-branes, which parameterises a fuzzy sphere using the SU(2) algebra. We find that the curved background leads to collapsing solutions for the fuzzy sphere except when we have $D0$ branes in the $D6$ background, which is a realisation of the gravitational Myers effect. Furthermore we find the equations of motion in the Abelian and non-Abelian theories are identical in the large $N$ limit. By picking a specific ansatz we find that we can incorporate angular momentum into the action, although this imposes restriction upon the dimensionality of the background solutions. We also consider the case of non-Abelian non-BPS branes, and examine the resultant dynamics using world-volume symmetry transformations. We find that the fuzzy sphere always collapses but the solutions are sensitive to the combination of the two conserved charges and we can find expanding solutions with turning points. We go on to consider the coincident $NS$5-brane background, and again construct the non-Abelian theory for both BPS and non-BPS branes. In the latter case we must use symmetry arguments to find additional conserved charges on the world-volumes to solve the equations of motion. We find that in the Non-BPS case there is a turning solution for specific regions of the tachyon and radion fields. Finally we investigate the more general dynamics of fuzzy $\mathbb{S}^{2k}$ in the $Dp$-brane background, and find collapsing solutions in all cases.Comment: 49 pages, 3 figures, Latex; Version to appear in JHE

Non Abelian Geometrical Tachyon

We investigate the dynamics of a pair of coincident D5 branes in the background of $k$ NS5 branes. It has been proposed by Kutasov that the system with a single probing D-brane moving radially in this background is dual to the tachyonic DBI action for a non-BPS Dp brane. We extend this proposal to the non-abelian case and find that the duality still holds provided one promotes the radial direction to a matrix valued field associated with a non-abelian geometric tachyon and a particular parametrization for the transverse scalar fields is chosen. The equations of motion of a pair of coincident D5 branes moving in the NS5 background are determined. Analytic and numerical solutions for the pair are found in certain simplified cases in which the U(2) symmetry is broken to $U(1) \times U(1)$ corresponding to a small transverse separation of the pair. For certain range of parameters these solutions describe periodic motion of the centre of mass of the pair 'bouncing off' a finite sized throat whose minimum size is limited by the D5 branes separation.Comment: 18 pages, 2 figures, PdfLatex: references added.accepted for publication in JHE