German Industry - a Tower of Strength?

By the summer of 2011, Germany industry was back at levels last achieved before the economic crisis, thanks to continuous growth in production since early 2009. The recovery was driven by strong domestic and foreign demand for German capital and intermediate goods. However, the Ifo Business Climate Index, which has contracted since July 2011, and fewer orders suggest that industrial production will decline by the end of 2011. The duration and intensity of the slowdown will depend not least on how quickly policy-makers take convincing measures to resolve the debt crisis in the eurozone and thus allay widespread uncertainty among investors and consumers.Forecasts, business cycles, industrial production

Regularization Dependence of the Zero Mode Dynamics in the Schwinger Model

I compare heatkernel regularization with sharp gauge invariant cutoffs in the Hamiltonian formulation of the Coulomb gauged Schwinger model on a circle. The effective potential for the zero mode of the gauge field in a given fermionic configuration is different in these two regularizations, the difference being independent of the chosen fermionic configuration. In the continuum limit the gauge field can be localized or delocalized depending on the regulator.Comment: 7 pages, latex , (revised because of TEX problem

Filtering Interpolators for Image Comparison Algorithms

Comparing two or more images, either by differencing or ratioing, is important to many remote sensing problems. Because the pixel sample points for the images are (almost) always separated by some nonzero shift, a resampling, or interpolation, process must be performed if one image is to be accurately compared to another. Considered in Fourier space, an interpolator acts as a filter that attenuates some frequencies (usually high) of the image. Thus, when the shifted and unshifted images are compared, the former has been filtered, while the latter has not; the effect of this difference is called interpolation error. The key idea of this paper is to apply a filter to the unshifted image that matches the filtering effect of applying the interpolator to the shifted image, thereby drastically reducing interpolation error. The resulting interpolators, called filtering interpolators, are derived and discussed in detail elsewhere. Basic results will be given in this presentation

A Proposal Towards a Dutch Caribbean Marine Mammal Sanctuary

Based on the goals set forth in the Dutch Biodiversity Policy Programme, The Netherlands has a traditionally strong commitment to protect biodiversity and marine mammals both internationally and in its own national and Kingdom waters. Last year the responsible ministry, namely the Netherlands Ministry of Economic Affairs, Agriculture and Innovation (EL&I), developed a management plan for the biological resources of the recently declared Dutch Caribbean Exclusive Economic Zone. The Dutch Caribbean EEZ was formally declared on June 10, 2010, and amounts to more than 90.000 km2 of diverse tropical marine habitats. One of the key ambition coming forth from that plan was to develop a Dutch Caribbean Marine Mammal Sanctuary (MMS). This report provides the necessary review and background on which to base such an endeavour. Our updated review establishes beyond doubt that the Dutch Caribbean EEZ has a rich and diverse marine mammal fauna which merits more extensive protection. Even though the fauna is only poorly known, based almost exclusively on incidental sightings and strandings, it amounts to a minimum of 19 marine mammal species, and possibly up to more than 30. Without exception, all documented species appear on protected species lists of one or more treaties ratified by the Kingdom, and/or its constituent countries. Large differences are apparent between the leeward and windward sectors of the Dutch Caribbean EEZ, both in terms of species composition and conservation issues. Throughout the region, cetaceans are playing an increasingly important role in island economies as an important natural attraction for eco-based recreation and tourism, and in this respect the Dutch Caribbean also possesses major potential. We here propose the establishment of a MMS as the cornerstone to sustainable conservation and management of these charismatic animals. Ecological arguments for the establishment of habitat protection by means of the concept of sanctuaries are outlined, as are the many environmental issues that would eventually need to be addressed within the sanctuary. Legal designation of a marine mammal sanctuary (MMS) would form the first and most important step which provides the framework for all broader (international cooperation) and in depth (knowledge and conservation development) initiatives. Once established, the fuller implementation of a marine mammal sanctuary should be seen as a gradual process, involving development of knowledge, policy, rules and regulations, public and stakeholder participation. In this the Netherlands would follow and importantly reinforce the efforts of other nations who have already established MMS’s within the region. Favourable pre-conditions for the establishment of a MMS in the Dutch Caribbean include the fact that a) all cetaceans are already have a legal status in the Dutch Caribbean EEZ which calls for actual protection, b) the most deleterious fishing practices are already significantly limited and controlled within Kingdom waters, c) the key enforcer, namely the Coastguard, is already strongly present (largely due to other reasons), d) the islands generally have a strong tradition of marine protected areas in coastal habitat, e) the incremental costs for research and enforcement needed to establish a sanctuary is modest, f) public support is high, thanks to the generally high level of development and awareness of the public, g) indigenous fishery practices do not conflict with cetacean conservation, and h) whale watching interests are only in their infancy. We conclude our review by proposing the following key action points to establishing a MMS: a) Legal designation of the EEZ (one or both sectors) as MMS, along with establishment of legal guidelines for interacting with cetaceans (whale watching). b) Establish bonds of cooperation with sister sanctuaries in the region (France, USA, Dominican Republic), (e.g. regional stranding and sightings data network). c) Conduct baseline quantitative surveys of cetacean distribution and assessments in light of sources of deleterious sound sources and risks of vessel strikes. d) Review and adapt existing national and insular legal frameworks to improve these, preferably by developing separate and standardized marine mammals legislation. e) Develop information systems to promote the development of a whale (cetacean) watching industry. f) Train and equip marine parks and island veterinarians to conduct elementary autopsies and collect basic stranding specimens for analysis of causes of mortality, contamination levels and genetics, and link them to international academic institutions who will accept and analyse the specimens in regional context. g) Develop species action plans (e.g. humpback). h) Conduct cetacean surveys and management reviews every 5 years to assess marine mammal status and conservation progress

R&D and Price Elasticity of Demand

This note explores the relationship between the price elasticity of demand and the R&D intensity of the product. We introduce the concept of R&D intensity into a standard Dixit-Stiglitz/Krugman-type setting. R&D activity is treated as a fixed cost of production. Within this framework, sectors with a higher R&D intensity show a lower price elasticity of demand. This proposition is confirmed by an empirical investigation of export demand for manufactured goods from major industrialised countries. Consequently, real exchange rate changes have an impact on the commodity structure of exports.R&D intensity; Price elasticity; Exports

KPIs for Asset Management: A Pump Case Study

The integration of multiple data sources and the convergence of process control systems and business intelligence layer such as the enterprise resource planning (ERP) are paving the way for important progress in plant operation optimization. Numerous companies offer “Analytics Services” to leverage this newly available mine of data but applications still appear to be limited to certain specific types of large plants. Key Performance Indicators (KPIs) is arguably the most used approach to make sense of large and complex systems in a wide variety of fields and its applicability to industrial operations is more and more common, to the extent that standardization of KPIs has become a major topic for the International Organization for Standardization (ISO). While the KPI standard ISO 22400 focuses on KPIs for manufacturing operations management at the plant level, the scope of this thesis is to bring it to the first layer of the control system: the equipment. In addition to being part of the quest for operational excellence and energy efficiency, bringing KPIs to the asset level is an important step towards integration of the different layers of the automation pyramid, integrating in particular control and scheduling. Developed within the frame of the new generation of Operations Management Software for the process industries, this work presents a case study on the most widely used assets in the field – pumps, based on operational data of different plants in the Oil & Gas and Chemicals industries