7,108 research outputs found

    Review Of The Post-Cold War Trading System: Who\u27s On First? By S. Ostry

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    Does Trade With Low-Wage Countries Hurt American Workers?

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    Measures Of International Transport Cost For OECD Countries

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    This paper presents new estimates of country-specific international transport costs for 21 OECD countries over the period 1973-2005. The methodology is based on direct measures of air, maritime, and road transport costs rather than on cif/fob ratios or other balance of payments data employed in previous studies. Transport costs are calculated as costs per kilogramme for each mode of transport at a bilateral level and then aggregated. Australia and New Zealand are found to have the highest transport costs among the OECD countries considered, followed by Japan. The time trends are sensitive to the choice of deflator, but the results do not show an overall downward trend in transport costs for OECD countries, contrary to conventional wisdom, but consistent with Hummels’ (2007) recent study of global transport costs

    OECD\u27s FDI Regulatory Restrictiveness Index: Revision And Extension To More Economies

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    This paper provides a revised measure of regulatory restrictions on inward foreign direct investment (FDI) for OECD countries and extends the approach to 13 non-member countries. The methodology is largely similar to that adopted in the previous version of the OECD indicator and covers three broad categories of restrictions: limitations on foreign ownership, screening or notification procedures, and management and operational restrictions. The FDI restrictiveness indicator captures statutory deviations from national treatment , i.e. discrimination against foreign investment. When combined with other factors having an influence on foreign investment decisions, it has proven to be a good predictor of countries\u27 inward FDI performance

    Does China Still Have A Labor Cost Advantage?

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    In recent years wages in China have been rising and the yuan has appreciated, potentially eroding China’s cost advantage in manufactures. This paper explores the evolution of China’s relative unit labor costs in manufacturing over 1998-2009. Between 1998 and 2003 China’s unit labor costs fell, but since 2003 they have increased both absolutely and relative to US unit labor costs. Much of the rise in China’s relative unit labor costs can be traced to a real appreciation of the yuan against the dollar. Despite the recent rise, China’s unit labor costs remain low relative to those in most other countries

    Limb Event Brightenings and Fast Ejection Using IRIS Mission Observations

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    The Interface Region Imaging Spectrograph (IRIS) of the NASA small explorer mission provides significantly more complete and higher resolution spectral coverage of the dynamical conditions inside the chromosphere and transition region (TR) than has heretofore been available. Near the solar limb high temporal, spatial (0.3") and spectral resolution observations from the ultraviolet IRIS spectra reveal high-energy limb event brightenings (LEBs) at low chromospheric heights, around 1 Mm above the limb. They can be characterized as explosive events producing jets. We selected two events showing spectra of a confined eruption just off or near the quiet Sun limb, the jet part showing obvious moving material with short duration large Doppler shifts in three directions identified as macrospicules on slit-jaw (SJ) images in Si IV and He II 304 A. The events are analyzed from a sequence of very close rasters taken near the central meridian and the South pole limb. The processed SJ images and the simultaneously observed fast spectral sequences having large Doppler shifts, with a pair of red shifted elements together with a faster blue shifted element from almost the same position, are analyzed. Shifts correspond to velocities of up to 100 km/s in projection on the plane of the sky. The occurrence of erupting spicules and macrospicules from these regions is noticed from images taken before and after the spectra. The cool low first ionization potential (FIP) element simultaneous line emissions of the MgII h and k resonance lines do not clearly show a similar signature due to optical thickness effects but the Si IV broad-band SJ images do. The bidirectional plasma jets ejected from a small reconnection site are interpreted as the result of coronal loop-loop interactions leading to reconnection in nearby sites.Comment: 24 pages, 16 figures., Accepted in Sol. Phy

    Polar Coronal Plumes as Tornado-Like Jets

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    We examine the dynamical behavior of white light polar plume structures in the inner corona that are observed from the ground during total solar eclipses, based on their EUV hot and cool emission line counterparts observed from space. EUV observations from SDO/AIA of a sequence of rapidly varying coronal hole structures are analyzed. Evidence of events showing acceleration in the 1.25 Mk line of Fe XII at 193 A is given. The structures along the plume show an outward velocity of about 140 kms-1 that can be interpreted as an upwards propagating wave in the 304 A and 171 A lines; higher speeds are seen in 193 A (up to 1000 km/s). The ejection of the cold He II plasma is delayed by about 4 min in the lowest layer and more than 12 min in the highest level compared to the hot 193 A behavior. A study of the dynamics using time-slice diagrams reveals that a large amount of fast ejected material originates from below the plume, at the footpoints. The release of plasma material appears to come from a cylinder with quasi-parallel edge-enhanced walls. After the initial phase of a longitudinal acceleration, the speed substantially reduces and the ejecta disperse into the environment. Finally, the detailed temporal and spatial relationships between the cool and hot components were studied with simultaneous multi-wavelength observations, using more AIA data. The outward-propagating perturbation of the presumably magnetic walls of polar plumes supports the suggestion that Alfven waves propagate outwardly along these radially extended walls.Comment: 17 pages, 10 figures, accepted in Ap
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