857 research outputs found

    Factor Replacement versus Factor Substitution, Mechanization and Asymptotic Harrod Neutrality

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    This paper views technical change as a labor-saving, but capital-using, mechanization process, whereby capital replaces labor; though within any given technique, factors have a limited ability to substitute one another. This is formalized by reinterpreting the “distribution-parameters” of a low substitution CES aggregate production function as time-varying weights, such that technical change corresponds to a decrease in labor’s weight, along with an increase in capital’s. This “direction” of shift is considered a natural outcome of the fact that ideas are embedded within capital. As capital’s weight tends to one, changes in it become increasingly negligible and balanced-growth is attained. Thus the proposed non-neutral mechanism is asymptotically equivalent to Harrod-neutrality. But during industrialization, when capital grows faster than output, its “dis-augmentation” is still significant; the result being constant factor-shares. This resolves a recent controversy regarding the measurement of TFP growth, specifically in East Asian NICs. The capital-using aspect of factors’ replacement, along with the limited degree of factor substitution, also lead to time-ranked “appropriate-technologies”, which are broadly consistent with under-development; despite the lack of non-convexities.Mechanization, Non-Neutral Technical Change, Dis-Augmentation, CES

    Extracting information from fiction

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    Information Extraction (IE) based techniques have great potential to enable companies to leverage valuable information embedded in unstructured textual data. Such data could be exploited to help drive sales and to enhance the customer's experience when searching or browsing for products. Extensive research has been performed in the field of IE; however, to date no work has been directly applied to the domain of fiction. The aim of this study is to explore the ability of IE techniques to extract the central characters and their relationships from the full textual content of works of fiction. To begin our investigation, we present a collection of hypotheses outlining our expectations in approaching and resolving these problems. We then outline our data collection process, which resulted in the creation of a Gold Standard containing ordered lists of characters and their relationships for eight classic book texts. For the task of character extraction, we test two rule-based co-reference resolution models, and two ordering techniques. Our best model achieves an average of 100% coverage on the three most important characters and 78.4% across all central characters, compared to a baseline of 73.3% and 57.4% respectively. For the task of relation extraction, we implement rule-based systems to detect the presence and types of relationships between characters. We achieved 73.3% coverage in detecting the top three pairs of characters involved in relationships. The results for inferring relationship types are preliminary. We provide an analysis of relationship mentions in works of fiction and propose a number of approaches for future work

    Acoustic emphasis in four year olds

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    Acoustic emphasis may convey a range of subtle discourse distinctions, yet little is known about how this complex ability develops in children. This paper presents a first investigation of the factors which influence the production of acoustic prominence in young children’s spontaneous speech. In a production experiment, SVO sentences were elicited from 4 year olds who were asked to describe events in a video. Children were found to place more acoustic prominence both on ‘new’ words and on words that were ‘given’ but had shifted to a more accessible position within the discourse. This effect of accessibility concurs with recent studies of adult speech. We conclude that, by age four, children show appropriate, adult-like use of acoustic prominence, suggesting sensitivity to a variety of discourse distinctions
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