38,130 research outputs found
GOVERNMENT EXPENDITURES IN CHINA AND TAIWAN: DO THEY FOLLOW WAGNER¡¯S LAW?
This paper tests Wagner¡¯s Law for China and Taiwan, using annual time series data covering the period 1979-2002. To estimate the long-run relationship between government expenditures and output, we use a robust estimation method known as the Bounds Test based on Unrestricted Error Correction Model (UECM) estimation (Pesaran et al. (2001)). Empirical results from the Bounds Test indicate that there exists no long-run relationship between government expenditures and output in China and Taiwan. Furthermore, Toda and Yamamoto¡¯s (1995) Granger non-causality test results also show that Wagner¡¯s Law does not hold for China and Taiwan over this same period.Wagner¡¯s Law, UECM, Bounds Test
Measurement of the B0-anti-B0-Oscillation Frequency with Inclusive Dilepton Events
The - oscillation frequency has been measured with a sample of
23 million \B\bar B pairs collected with the BABAR detector at the PEP-II
asymmetric B Factory at SLAC. In this sample, we select events in which both B
mesons decay semileptonically and use the charge of the leptons to identify the
flavor of each B meson. A simultaneous fit to the decay time difference
distributions for opposite- and same-sign dilepton events gives ps.Comment: 7 pages, 1 figure, submitted to Physical Review Letter
Increasing public expenditures: Wagner's Law in OECD countries
The paper proposes a panel cointegration analysis of the joint development of government expenditures and economic growth in 23 OECD countries. The empirical evidence provides indication of a structural positive correlation between public spending and per-capita GDP which is consistent with the so-called Wagner´s law. A long-run elasticity larger than one suggests a more than proportional increase of government expenditures with respect to economic activity. In addition, according to the spirit of the law, we found that the correlation is usually higher in countries with lower per-capita GDP, suggesting that the catching-up period is characterized by a stronger development of government activities with respect to economies in a more advanced state of development
Modeling Probabilities of Patent Oppositions in a Bayesian Semiparametric Regression Framework
Most econometric analyses of patent data rely on regression methods using a parametric form of the predictor for modeling the dependence of the response given certain covariates. These methods often lack the capability of identifying non-linear relationships between dependent and independent variables. We present an approach based on a generalized additive model in order to avoid these shortcomings. Our method is fully Bayesian and makes use of Markov Chain Monte Carlo (MCMC) simulation techniques for estimation purposes. Using this methodology we reanalyze the determinants of patent oppositions in Europe for biotechnology/pharmaceutical and semiconductor/computer software patents. Our results largely confirm the findings of a previous parametric analysis of the same data provided by Graham, Hall, Harhoff&Mowery (2002). However, our model specification clearly verifies considerable non-linearities in the effect of various metrical covariates on the probability of an opposition. Furthermore, our semiparametric approach shows that the categorizations of these covariates made by Graham et al. (2002) cannot capture those non--linearities and, from a statistical point of view, appear to somehow ad hoc
Microfluidic detection and analysis by integration of evanescent wave sensing with thermocapillary actuation
An integrated system capable of microfluidic actuation, detection and sensing is described which combines evanescent wave sensing with thermocapillary manipulation. Liquid droplets or streams transported across the beam path of a planar thin film waveguide, which encapsulates the microheater array, induce attenuation of the propagating waveguide modes. The attenuated signal is used to monitor droplet location, dye concentration in aqueous solutions and reaction kinetics for enzymatic hydrolysis of the sugar X-galactose by beta-galactosidase
Search for muon-neutrino emission from GeV and TeV gamma-ray flaring blazars using five years of data of the ANTARES telescope
The ANTARES telescope is well-suited for detecting astrophysical transient
neutrino sources as it can observe a full hemisphere of the sky at all times
with a high duty cycle. The background due to atmospheric particles can be
drastically reduced, and the point-source sensitivity improved, by selecting a
narrow time window around possible neutrino production periods. Blazars, being
radio-loud active galactic nuclei with their jets pointing almost directly
towards the observer, are particularly attractive potential neutrino point
sources, since they are among the most likely sources of the very high-energy
cosmic rays. Neutrinos and gamma rays may be produced in hadronic interactions
with the surrounding medium. Moreover, blazars generally show high time
variability in their light curves at different wavelengths and on various time
scales. This paper presents a time-dependent analysis applied to a selection of
flaring gamma-ray blazars observed by the FERMI/LAT experiment and by TeV
Cherenkov telescopes using five years of ANTARES data taken from 2008 to 2012.
The results are compatible with fluctuations of the background. Upper limits on
the neutrino fluence have been produced and compared to the measured gamma-ray
spectral energy distribution.Comment: 27 pages, 16 figure
Improved Limits on decays to invisible final states
We establish improved upper limits on branching fractions for B0 decays to
final States 10 where the decay products are purely invisible (i.e., no
observable final state particles) and for final states where the only visible
product is a photon. Within the Standard Model, these decays have branching
fractions that are below the current experimental sensitivity, but various
models of physics beyond the Standard Model predict significant contributions
for these channels. Using 471 million BB pairs collected at the Y(4S) resonance
by the BABAR experiment at the PEP-II e+e- storage ring at the SLAC National
Accelerator Laboratory, we establish upper limits at the 90% confidence level
of 2.4x10^-5 for the branching fraction of B0-->Invisible and 1.7x10^-5 for the
branching fraction of B0-->Invisible+gammaComment: 8 pages, 3 postscript figures, submitted to Phys. Rev. D (Rapid
Communications
Unusual Flaring Activity in the Blazar PKS 1424-418 during 2008-2011
Context. Blazars are a subset of active galactic nuclei (AGN) with jets that
are oriented along our line of sight. Variability and spectral energy
distribution (SED) studies are crucial tools for understanding the physical
processes responsible for observed AGN emission.
Aims. We report peculiar behaviour in the bright gamma-ray blazar PKS
1424-418 and use its strong variability to reveal information about the
particle acceleration and interactions in the jet. Methods. Correlation
analysis of the extensive optical coverage by the ATOM telescope and nearly
continuous gamma-ray coverage by the Fermi Large Area Telescope is combined
with broadband, time-dependent modeling of the SED incorporating supplemental
information from radio and X-ray observations of this blazar.
Results. We analyse in detail four bright phases at optical-GeV energies.
These flares of PKS 1424-418 show high correlation between these energy ranges,
with the exception of one large optical flare that coincides with relatively
low gamma-ray activity. Although the optical/gamma-ray behaviour of PKS
1424-418 shows variety, the multiwavelength modeling indicates that these
differences can largely be explained by changes in the flux and energy spectrum
of the electrons in the jet that are radiating. We find that for all flares the
SED is adequately represented by a leptonic model that includes inverse Compton
emission from external radiation fields with similar parameters.
Conclusions. Detailed studies of individual blazars like PKS 1424-418 during
periods of enhanced activity in different wavebands are helping us identify
underlying patterns in the physical parameters in this class of AGN.Comment: accepted for publication in A&
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