790 research outputs found

    Exports, Productivity, and Credit Constraints : A Firmâ€ÂLevel Empirical Investigation of China

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    Recent Melitz-type (2003) intra-industry heterogonous trade models argue that a firm's productivity has significant effects on the firm's exports. This paper examines how a firms credit constraints as well as its productivity affect its export decisions. We imbed the firm's credit constraints into a Melitz-type general-equilibrium model by endogenizing the probability of the success of firm-specific projects. We show that, all else equal, it is easier for firms to enter the export market if (1) the probability of the success of their project is higher and consequently they have easier access to external finance from financial intermediaries; or (2) they have alternative sources, other than from financial intermediaries, to obtain funds. We test these theoretical hypotheses using firm-level data from Chinese manufacturing industries and find strong evidence supporting the predictions of the model.Credit Constraints, Heterogeneous Firms, productivity, trade

    Augmentation-Adapted Retriever Improves Generalization of Language Models as Generic Plug-In

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    Retrieval augmentation can aid language models (LMs) in knowledge-intensive tasks by supplying them with external information. Prior works on retrieval augmentation usually jointly fine-tune the retriever and the LM, making them closely coupled. In this paper, we explore the scheme of generic retrieval plug-in: the retriever is to assist target LMs that may not be known beforehand or are unable to be fine-tuned together. To retrieve useful documents for unseen target LMs, we propose augmentation-adapted retriever (AAR), which learns LM's preferences obtained from a known source LM. Experiments on the MMLU and PopQA datasets demonstrate that our AAR trained with a small source LM is able to significantly improve the zero-shot generalization of larger target LMs ranging from 250M Flan-T5 to 175B InstructGPT. Further analysis indicates that the preferences of different LMs overlap, enabling AAR trained with a single source LM to serve as a generic plug-in for various target LMs. Our code is open-sourced at https://github.com/OpenMatch/Augmentation-Adapted-Retriever.Comment: Accepted to ACL 202

    Development of a Simple Multiplex Electrochemiluminescence (ECL) Assay for Screening Pre-Type 1 Diabetes and Multiple Relevant Autoimmune Diseases

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    The presence of islet autoantibodies (iAbs) is currently the most reliable biomarker for type 1 diabetes (T1D). The current “gold” standard radio-binding assays that measure four major iAbs to insulin, IAA, GAD65, IA-2A and ZnT8, are laborious and do not fit for large-scale screenings. Around 40% of patients with T1D develop other autoimmune diseases like celiac disease, autoimmune thyroid disease, and so on. It is highly recommended to screen these closely related autoimmune diseases during T1D screening; however, there is no method available. Recently, on the platform of extensively validated high-sensitive and high-specific electrochemiluminescence (ECL) assay, we developed a multiplex ECL assay to combine up to 10 autoantibody assays into one single well with 5 μl of blood sample. It not only allows us to combine multiple iAbs into one but also makes it possible to simultaneously screen T1D and other multiple autoimmune diseases, which in turn facilitates large-scale screenings in the general population
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