192 research outputs found

    A sectoral analysis of Ontario's weak productivity growth

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    Ontario's private sector has had zero productivity growth in the latest six year period. Ontario performed much worse than the rest of Canada or the United States. This is obviously a cause for concern. Productivity is an important measure of progress in the economy, as it is associated with rising standards of living in the long run. The question is whether this observation about productivity is significant in its own right, or if it is more a symptom of the overall state of the economy. The Ontario economy has been hit by major external shocks, resulting in plunging exports and a declining private sector employment rate. Is productivity an independent causal factor, or merely the residual outcome of weak demand? This paper examines the issue through detailed sectoral data. It examines the diversity of productivity performance in about 50 industrial sectors. The picture that emerges is that the overall productivity growth rate is not really representative. It is the random outcome of a wide range of underlying variation. There are some important sectors (e.g., retail trade and finance) that have maintained decent productivity growth. There are some sectors, especially in manufacturing, where the level of productivity is currently far below its previous level. This is not merely weak growth, but decline. In some industries (e.g., steel), some of the largest players have shut down, essentially changing the character of that sector even though the name remains the same. Overall, the implication is that the weakness of productivity is caused by weak aggregate demand. Historically, productivity growth has been pro-cyclical, being positively correlated with demand growth. Strong demand creates economies of scale and distributes overhead costs over a larger base. The weakness of demand in recent years has also been associated with compositional shifts in the economy. Employment and output have plunged in manufacturing (whose level of productivity is above the economy-wide average), while it has grown in some service sectors with below average productivity. Such compositional shifts would reduce the average productivity of the economy even if there was no change in the productivity of any individual sectors. Ontario had positive productivity growth in the service sector, but underperformed the strong growth found in the rest of Canada. Here, too, the explanation is likely found in diseconomies of scale due to weaker demand. For example, the higher productivity growth in retail and wholesale trade in the rest of Canada was associated with growth in sales that was two-thirds higher than in Ontario over the past six years. The weakness of demand in Ontario is largely due to falling exports, caused by the high Canadian dollar and the weak US economy. This can be considered in a positive light. While a strong rebound in exports does not appear to be around the corner, the worst is probably behind us. There should be a continuing gradual improvement in exports in the coming years, leading to some increase in productivity growth. The Ontario government should focus its policy levers, which are admittedly constrained, on helping to further the upward trend in exports

    A sectoral analysis of Ontario's weak productivity growth

    Get PDF
    Ontario's private sector has had zero productivity growth in the latest six year period. Ontario performed much worse than the rest of Canada or the United States. This is obviously a cause for concern. Productivity is an important measure of progress in the economy, as it is associated with rising standards of living in the long run. The question is whether this observation about productivity is significant in its own right, or if it is more a symptom of the overall state of the economy. The Ontario economy has been hit by major external shocks, resulting in plunging exports and a declining private sector employment rate. Is productivity an independent causal factor, or merely the residual outcome of weak demand? This paper examines the issue through detailed sectoral data. It examines the diversity of productivity performance in about 50 industrial sectors. The picture that emerges is that the overall productivity growth rate is not really representative. It is the random outcome of a wide range of underlying variation. There are some important sectors (e.g., retail trade and finance) that have maintained decent productivity growth. There are some sectors, especially in manufacturing, where the level of productivity is currently far below its previous level. This is not merely weak growth, but decline. In some industries (e.g., steel), some of the largest players have shut down, essentially changing the character of that sector even though the name remains the same. Overall, the implication is that the weakness of productivity is caused by weak aggregate demand. Historically, productivity growth has been pro-cyclical, being positively correlated with demand growth. Strong demand creates economies of scale and distributes overhead costs over a larger base. The weakness of demand in recent years has also been associated with compositional shifts in the economy. Employment and output have plunged in manufacturing (whose level of productivity is above the economy-wide average), while it has grown in some service sectors with below average productivity. Such compositional shifts would reduce the average productivity of the economy even if there was no change in the productivity of any individual sectors. Ontario had positive productivity growth in the service sector, but underperformed the strong growth found in the rest of Canada. Here, too, the explanation is likely found in diseconomies of scale due to weaker demand. For example, the higher productivity growth in retail and wholesale trade in the rest of Canada was associated with growth in sales that was two-thirds higher than in Ontario over the past six years. The weakness of demand in Ontario is largely due to falling exports, caused by the high Canadian dollar and the weak US economy. This can be considered in a positive light. While a strong rebound in exports does not appear to be around the corner, the worst is probably behind us. There should be a continuing gradual improvement in exports in the coming years, leading to some increase in productivity growth. The Ontario government should focus its policy levers, which are admittedly constrained, on helping to further the upward trend in exports

    Comparison of The Transformation Temperatures of Heat-Activated Nickel-Titanium Orthodontic Archwires By Two Different Techniques

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    Objectives The purpose of this study was to investigate the suitability of the Bend and Free Recovery (BFR) method as a standard test method to determine the transformation temperatures of heat-activated Ni-Ti orthodontic archwires. This was done by determining the transformation temperatures of two brands of heat-activated Ni-Ti orthodontic archwires using the both the BFR method and the standard method of Differential Scanning Calorimetry (DSC). The values obtained from the two methods were compared with each other and to the manufacturer-listed values. Methods Forty heat-activated Ni-Ti archwires from both Rocky Mountain Orthodontics (RMO) and Opal Orthodontics (Opal) were tested using BFR and DSC. Round (0.016 inches) and rectangular (0.019 × 0.025 inches) archwires from each manufacturer were tested. The austenite start temperatures (As) and austenite finish temperatures (Af) were recorded. Results For four of the eight test groups, the BFR method resulted in lower standard deviations than the DSC method, and, overall, the average standard deviation for BFR testing was slightly lower than for DSC testing. Statistically significant differences were seen between the transformation temperatures obtained from the BFR and DSC test methods. However, the Af temperatures obtained from the two methods were remarkably similar with the mean differences ranging from 0.0 to 2.1 °C: Af Opal round (BFR 26.7 °C, DSC 27.6 °C) and rectangular (BFR 27.6 °C, DSC 28.6 °C); Af RMO round (BFR 25.5 °C, DSC 25.5 °C) and rectangular (BFR 28.0 °C, DSC 25.9 °C). Significant differences were observed between the manufacturer-listed transformation temperatures and those obtained with BFR and DSC testing for both manufacturers. Significance The results of this study suggest that the Bend and Free Recovery method is suitable as a standard method to evaluate the transformation temperatures of heat-activated Ni-Ti orthodontic archwires

    An investigation into the feasibility of myoglobin-based single-electron transistors

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    Myoglobin single-electron transistors were investigated using nanometer- gap platinum electrodes fabricated by electromigration at cryogenic temperatures. Apomyoglobin (myoglobin without heme group) was used as a reference. The results suggest single electron transport is mediated by resonant tunneling with the electronic and vibrational levels of the heme group in a single protein. They also represent a proof-of-principle that proteins with redox centers across nanometer-gap electrodes can be utilized to fabricate single-electron transistors. The protein orientation and conformation may significantly affect the conductance of these devices. Future improvements in device reproducibility and yield will require control of these factors

    International Trade Under the Rule of Law Conference

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    The central focus of the conference was the dispute settlement system of the World Trade Organization (WTO), with a view toward exploring the need for a superstructure of international law governing trade and economic cooperation between countries

    No. 5 - International Trade under the Rule of Law: An American Society of International Law Centennial Regional Meeting

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    Organized and sponsored by the Dean Rusk Center and designated an American Society of International Law Centennial Regional Meeting, this conference focused on the Dispute Settlement System (DSS) of the World Trade Organization (WTO) with a view toward discussing the need for a superstructure of international law governing trade and economic cooperation between states

    Vitamin D deficiency is associated with orthostatic hypotension in older men: a cross-sectional analysis from the British Regional Heart Study.

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    BACKGROUND: orthostatic hypotension (OH) that occurs within, or at, 1 minute of standing is associated with higher risk of falls, myocardial infarction, syncope and mortality, compared to OH that occurs after 1 minute of standing. Whether vitamin D deficiency increases the risk of OH is controversial. METHODS: this was a cross-sectional analysis of 3,620 older, community-dwelling men. Multinomial, multiple logistic regression models were used to calculate the risk of OH across categories of vitamin D status (deficient [<25 nmol/l], insufficient [≥25-<50 nmol/l] and sufficient [≥50 nmol/l]) and parathyroid hormone quintile. RESULTS: men with vitamin D deficiency were more likely to have OH that occurred within 1 minute of standing in univariate logistic regression (OR 1.88, 95% CI 1.40-2.53) and multinomial, multiple logistic regression (OR 1.51, 95% CI 1.06-2.15), compared to men with sufficient levels of vitamin D. Vitamin D insufficiency was not associated with the risk of OH. Elevated parathyroid hormone was not associated with risk of OH. CONCLUSION: the absence of an association between vitamin D insufficiency and risk of OH and the presence of an association between vitamin D deficiency and risk of OH suggest that there may be a threshold effect; it is only below a particular level of vitamin D that risk of OH is increased. In this cohort, the threshold was <25 nmol/l. Future work should investigate whether treating vitamin D deficiency can improve postural blood pressure or if preventing vitamin D deficiency reduces the incidence of OH

    A randomised control crossover trial of a theory based intervention to improve sun-safe and healthy behaviours in construction workers:Study protocol

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    Abstract Background Exposure to sunlight can have both positive and negative health impacts. Excessive exposure to ultra-violet (UV) radiation from the sun can cause skin cancer, however insufficient exposure to sunlight has a detrimental effect on production of Vitamin D. In the construction industry there are onsite proactive behaviours for safety, but sun-safety remains a low priority. There is limited research on understanding the barriers to adopting sun-safe behaviours and the association this may have with Vitamin D production. This paper reports a protocol for an intervention study, using text messaging in combination with a supportive smartphone App. The intervention aims to both reduce UV exposure during months with higher UV levels and promote appropriate dietary changes to boost Vitamin D levels during months with low UV levels. Method/design Approximately 60 construction workers will be recruited across the United Kingdom. A randomised control crossover trial (RCCT) will be used to test the intervention, with randomisation at site level – i.e. participants will receive both the control (no text messages or supportive App support) and intervention (daily text messages and supportive App). Using the Theory of Planned Behaviour (TPB) the intervention focuses on supporting sun-safety and healthy dietary decisions in relation to Vitamin D intake. The intervention emphasises cultivating the perception of normative support in the workplace, increasing awareness of control and self-efficacy in taking sun-protective behaviours, making healthier eating choices to boost Vitamin D, and tackling stigmas attached to image and group norms. Each study epoch will last 21 days with intervention text messages delivered on workdays only. The supportive App will provide supplementary information about sun protective behaviours and healthy dietary choices. The primary outcome measure is 25-hydroxy-Vitamin D [25(OH)D] level (obtained using blood spot sampling), which will be taken pre and post control and intervention periods. Secondary outcome measures are two-fold, (1) using the TPB to detect changes in behaviour, and (2) quantifying UV exposure during the UK peak radiation season (April–September) using body-mounted UV sensors. Discussion This study will provide important information about the effectiveness of a technology-based intervention to promote sun-safety and healthy behaviours in outdoor construction workers. Trial registration ISRCTN15888934 retrospectively registered 15.01.2018
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