Asynchronous Early Output Dual-Bit Full Adders Based on Homogeneous and Heterogeneous Delay-Insensitive Data Encoding

This paper presents the designs of asynchronous early output dual-bit full adders without and with redundant logic (implicit) corresponding to homogeneous and heterogeneous delay-insensitive data encoding. For homogeneous delay-insensitive data encoding only dual-rail i.e. 1-of-2 code is used, and for heterogeneous delay-insensitive data encoding 1-of-2 and 1-of-4 codes are used. The 4-phase return-to-zero protocol is used for handshaking. To demonstrate the merits of the proposed dual-bit full adder designs, 32-bit ripple carry adders (RCAs) are constructed comprising dual-bit full adders. The proposed dual-bit full adders based 32-bit RCAs incorporating redundant logic feature reduced latency and area compared to their non-redundant counterparts with no accompanying power penalty. In comparison with the weakly indicating 32-bit RCA constructed using homogeneously encoded dual-bit full adders containing redundant logic, the early output 32-bit RCA comprising the proposed homogeneously encoded dual-bit full adders with redundant logic reports corresponding reductions in latency and area by 22.2% and 15.1% with no associated power penalty. On the other hand, the early output 32-bit RCA constructed using the proposed heterogeneously encoded dual-bit full adder which incorporates redundant logic reports respective decreases in latency and area than the weakly indicating 32-bit RCA that consists of heterogeneously encoded dual-bit full adders with redundant logic by 21.5% and 21.3% with nil power overhead. The simulation results obtained are based on a 32/28nm CMOS process technology

Estimation of biomass density and carbon storage in the forests of Andhra Pradesh, India, with emphasis on their deforestation and degradation conditions

The current study evaluates the growing stock, biomass and carbon content of Andhra Pradesh state’s forest (India) along with its current status of forest degradation and loss. For this purpose, the study used the growing stock data collected by state forest department in 2010 for the calculation of biomass and carbon storage using the standard conversion and expansion factors given by IPCC. The analysis shows low biomass and carbon values for the state’s forest in comparison to the mean values recorded in different studies made for Andhra Pradesh. It is also observed to be lower when compared with the average carbon and biomass for Indian forests. Overall, the analysis showed degradation and loss of forest in the state, coupled with reduction in biomass and carbon sink

Inequality, Transfers and Growth: New Evidence from the Economic Transition in Poland

This paper challenges the conventional wisdom that inequality in Poland increased markedly during the economic transition that began in 1989-90. Using micro data from the Household Budget Surveys, we find that, after a brief spike in 1989, income and consumption inequality actually declined to below pre-transition levels during 1990-92 and then increased gradually, rising only moderately above pre-transition levels by 1997. In sharp contrast, inequality in labor earnings increased markedly and consistently throughout the 1990-97 period. We find that social transfer mechanisms, including pensions, played an important role in mitigating increases in both overall inequality and poverty. We argue that, from a political economy perspective, transfer mechanisms were well-designed to reduce political resistance to market-oriented reforms in the early years of transition, paving the way for rapid growth. Finally, we provide cross-country evidence from the transition economies that is consistent with our interpretation of the Polish experience and is also consistent with recent work in growth theory which suggests that redistribution that reduces inequality can enhance growth.

"RELATIONSHIP BANKING" AND THE CREDIT MARKET IN INDIA : AN EMPIRICAL ANALYSIS

Relationship banking based on Okun's "customer credit markets" has important implications for monetary policy via the credit transmission channel. Studies of LDC credit markets from this point of view seem to be scanty and this paper attempts to address this lacuna. Relationship banking implies short-term disequilibrium in credit markets, suggesting the VECM (vector error-correction model) as an appropriate framework for analysis. We develop VECM models in the Indian context (for the period April 1991- December 2004 using monthly data) to analyse salient features of the credit market. An analysis of the ECMs (error-correction mechanisms) reveals that disequilibrium in the Indian credit market is adjusted via demand responses rather than supply responses, which is in accordance with the customer view of credit markets. Further light on the working of the model is obtained through the "generalized" impulse responses and "generalized" error decompositions (both of which are independent of the variable ordering). Our conclusions point towards firms using short-term credit as a liquidity buffer. This fact, together with the gradual adjustment exhibited by the "persistence profiles" provides substantive evidence in favour of "customer credit markets".