28,101 research outputs found

    The Desire for (Danish) Quality in High and Low Income Countries

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    We estimate the correlation between firm prices and sales within a CN8 product-country-year market. We do this for every market to which at least 16 different Danish firms exported between 1999 and 2006. Approximately 60% of Danish exports are to markets in which the price is negatively correlated with sales. These correlations are significantly different across destination countries within product categories, but across years for a given product-destination pair. While some existing theories perform better than others at predicting these patterns, none can reconcile the variation across countries. To fully explain the patterns, We introduce a model in which the price-sales correlation can be interpreted as the market's desire for high quality goods over low cost substitutes. We discover an inverted U shaped relation between a country's desire for quality and its per capita GDP, which we term a Quality Kuznets Curve. This curve has a turning point around 10 000 Euros for Danish exports. The Quality Kuznets Curve appears both when looking across products and within products.exports; firm heterogeneity; quality; productivity; Kuznets

    Demand Uncertainty: Exporting Delays and Exporting Failures

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    This paper presents a model of trade that explains why firms wait to export and why many exporters fail. Firms face uncertain demands that are only realized after the firm enters the destination. The model retools the timing of uncertainty resolution found in productivity heterogeneity models. This retooling addresses several shortcomings. First, the imperfect correlation of demands reconciles the sales variation observed in and across destinations. Second, since demands for the firm's output are correlated across destinations, a firm can use previously realized demands to forecast unknown demands in untested destinations. The option to forecast demands causes firms to delay exporting in order to gather more information about foreign demand. Third, since uncertainty is resolved after entry, many firms enter a destination and then exit after learning that they cannot profit. This prediction reconciles the high rate of exit seen in the first years of exporting. Finally, when faced with multiple countries in which to export, some firms will choose to sequentially export in order to slowly learn more about its chances for success in untested markets.firm heterogeneity; exporting; trade failures; trade delay

    Cost Linkages Transmit Volatility Across Markets

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    We present and test a model relating a firm's idiosyncratic cost, its exporting status, and the volatilities of its domestic and export sales. In prior models of trade, supply costs for domestic and exports were linear and thus additively separable. We introduce a nonlinear cost function in order to link the domestic and export supply costs. This theoretical contribution has two new implications for the exporting firm. First, the demand volatility in the foreign market now directly affects the firm's domestic sales volatility. Second, firms hedge domestic demand volatility with exports. The model has several testable predictions. First, larger firms have lower total and domestic sales volatilities. Second, foreign market volatility increases domestic sales volatilities for exporters. Third, exporters allocate output across both markets in order to reduce total sales volatility. We find evidence for these predictions with Danish firms operating between 1992 and 2006.

    Hidden Markov Model Identifiability via Tensors

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    The prevalence of hidden Markov models (HMMs) in various applications of statistical signal processing and communications is a testament to the power and flexibility of the model. In this paper, we link the identifiability problem with tensor decomposition, in particular, the Canonical Polyadic decomposition. Using recent results in deriving uniqueness conditions for tensor decomposition, we are able to provide a necessary and sufficient condition for the identification of the parameters of discrete time finite alphabet HMMs. This result resolves a long standing open problem regarding the derivation of a necessary and sufficient condition for uniquely identifying an HMM. We then further extend recent preliminary work on the identification of HMMs with multiple observers by deriving necessary and sufficient conditions for identifiability in this setting.Comment: Accepted to ISIT 2013. 5 pages, no figure

    Women Surrealist Photographers and Their Response to the Objectification of Women in Male Surrealist Art

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    Objectification of women in Male Surrealist art depicted the male gaze in its darkest form, through the ideas of the uncanny, fetish, and convulsive beauty. Women were treated as objects throughout Surrealist photography and painting instead of as human subjects. Their femininity and beauty were valued to the extent of held belief that a woman’s destiny is to be beautiful and be present for the male gaze. Women Surrealists have gained notoriety in the last sixty years for their presence in the Surrealist movement and for their diligence in providing the female perspective in opposition to the male perspective. This study observes the photographic works of the Women Surrealists, Claude Cahun and Francesca Woodman, and their method of response to the objectification of women while also examining the political context of Claude Cahun’s involvement in the Surrealist movement and the influence of Andre Breton, Claude Cahun and other early surrealist artists on late surrealist artist Francesca Woodman. Photographs, surrealist texts, and journal entries are used as primary sources to approach and reason why these two artists chose the medium of photography as their method response, and how objectification, photography, and the self-portrait incited the modern artist-as-subject trend through Claude Cahun and Francesca Woodman.https://scholarscompass.vcu.edu/uresposters/1154/thumbnail.jp

    Transport in bilayer graphene near charge neutrality: Which scattering mechanisms are important?

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    Using the semiclassical quantum Boltzmann equation (QBE), we numerically calculate the DC transport properties of bilayer graphene near charge neutrality. We find, in contrast to prior discussions, that phonon scattering is crucial even at temperatures below 40K. Nonetheless, electron-electron scattering still dominates over phonon collisions allowing a hydrodynamic approach. We introduce a simple two-fluid hydrodynamic model of electrons and holes interacting via Coulomb drag and compare our results to the full QBE calculation. We show that the two-fluid model produces quantitatively accurate results for conductivity, thermopower, and thermal conductivity.Comment: 10 pages, 3 figure

    Quantum Boltzmann equation for bilayer graphene

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    A-B stacked bilayer graphene has massive electron and hole-like excitations with zero gap in the nearest-neighbor hopping approximation. In equilibrium, the quasiparticle occupation approximately follows the usual Fermi-Dirac distribution. In this paper we consider perturbing this equilibrium distribution so as to determine DC transport coefficients near charge neutrality. We consider the regime β∣μ∣≲1\beta |\mu| \lesssim 1 (with β\beta the inverse temperature and μ\mu the chemical potential) where there is not a well formed Fermi surface. Starting from the Kadanoff-Baym equations, we obtain the quantum Boltzmann equation of the electron and hole distribution functions when the system is weakly perturbed out of equilibrium. The effect of phonons, disorder, and boundary scattering for finite sized systems are incorporated through a generalized collision integral. The transport coefficients, including the electrical and thermal conductivity, thermopower, and shear viscosity, are calculated in the linear response regime. We also extend the formalism to include an external magnetic field. We present results from numerical solutions of the quantum Boltzmann equation. Finally, we derive a simplified two-fluid hydrodynamic model appropriate for this system, which reproduces the salient results of the full numerical calculations.Comment: 27 pages, 7 figures, fixed typos, add a section on a two-fluid mode

    Minimum fuel rocket maneuvers in horizontal flight.

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    Peer Reviewedhttp://deepblue.lib.umich.edu/bitstream/2027.42/76185/1/AIAA-6726-616.pd
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