EFFICIENCY AND PRODUCTIVITY GROWTH IN INDIAN BANKING

This paper attempts to examine technical efficiency and productivity performance of Indian scheduled commercial banks, for the period 1979-2008. We model a multiple output/multiple input technology production frontier using semiparametric estimation methods. The endogenity of multiple outputs is addressed by semi parametric estimates in part by introducing multivariate kernel estimators for the joint distribution of the multiple outputs and correlated random effects. Output is measured as the rupee value of total loans and total investments at the end of the year. The estimates provide robust inferences of the productivity and efficiency gains due to economic reforms.Banking, Frontier efficiency, Productivity

Scaling of the giant dipole resonance widths in hot rotating nuclei from the ground state values

The systematics of the giant dipole resonance (GDR) widths in hot and rotating nuclei are studied in terms of temperature T, angular momentum J and mass A. The different experimental data in the temperature range of 1 - 2 MeV have been compared with the thermal shape fluctuation model (TSFM) in the liquid drop formalism using a modified approach to estimate the average values of T, J and A in the decay of the compound nucleus. The values of the ground state GDR widths have been extracted from the TSFM parametrization in the liquid drop limit for the corrected T, J and A for a given system and compared with the corresponding available systematics of the experimentally measured ground state GDR widths for a range of nuclei from A = 45 to 194. Amazingly, the nature of the theoretically extracted ground state GDR widths matches remarkably well, though 1.5 times smaller, with the experimentally measured ground state GDR widths consistently over a wide range of nuclei.Comment: 15 pages, 4 figures, Accepted for publication in Physical Review

Condensation of Silica Nanoparticles on a Phospholipid Membrane

The structure of the transient layer at the interface between air and the aqueous solution of silica nanoparticles with the size distribution of particles that has been determined from small-angle scattering has been studied by the X-ray reflectometry method. The reconstructed depth profile of the polarizability of the substance indicates the presence of a structure consisting of several layers of nanoparticles with the thickness that is more than twice as large as the thickness of the previously described structure. The adsorption of 1,2-distearoyl-sn-glycero-3-phosphocholine molecules at the hydrosol/air interface is accompanied by the condensation of anion silica nanoparticles at the interface. This phenomenon can be qualitatively explained by the formation of the positive surface potential due to the penetration and accumulation of Na+ cations in the phospholipid membrane.Comment: 7 pages, 5 figure

The Clustering of Financial Services in London*

This paper reports a one-year study which investigated the clustering of financial services activity in London. A questionnaire asking about the advantages and disadvantages of a London location was sent to a stratified sample of 1,500 firms and institutions. In addition, thirty-nine on-site interviews with firms, professional institutions, government bodies and other related agencies were conducted. The study finds that banking, including investment banking, forms the cluster’s hub with most other companies depending on relationships with this sub-sector. Generally, the cluster confers many advantages to its incumbents including enhanced reputation, the ability to tap into large, specialized labor pool and customer proximity. The localized nature of relationships between skilled labor, customers and suppliers is a critical factor which helps firms achieve innovative solutions, develop new markets and attain more efficient ways to deliver services and products. Particularly important are the personal relationships which are enhanced by the on-going face-to-face contact that is possible in a compact geographical space. Many of the cluster’s advantages are dynamic in that they become stronger as agglomeration increases. The study also finds important disadvantages in the cluster which threaten its future growth and prosperity. These include the poor quality and reliability of transport, particularly the state of the London Underground and links to airports, increasing levels of regulation and government policy that is not co-ordinated with the whole of the cluster in mind. Key words: Industrial clustering, agglomeration, financial services.

Investigation of complete and incomplete fusion in 7^{7}Li+124^{124}Sn reaction around Coulomb barrier energies

The complete and incomplete fusion cross sections for $^{7}$Li+$^{124}$Sn reaction were measured using online and offline characteristic $\gamma$-ray detection techniques. The complete fusion (CF) cross sections at energies above the Coulomb barrier were found to be suppressed by $\sim$ 26 \% compared to the coupled channel calculations. This suppression observed in complete fusion cross sections is found to be commensurate with the measured total incomplete fusion (ICF) cross sections. There is a distinct feature observed in the ICF cross sections, i.e., $\textit{t}$-capture is found to be dominant than $\alpha$-capture at all the measured energies. A simultaneous explanation of complete, incomplete and total fusion (TF) data was also obtained from the calculations based on Continuum Discretized Coupled Channel method with short range imaginary potentials. The cross section ratios of CF/TF and ICF/TF obtained from the data as well as the calculations showed the dominance of ICF at below barrier energies and CF at above barrier energies.Comment: 9 pages, 8 figure

One-dimensional disordered bosonic hubbard model: a density-matrix renormalization group study

We use the density-matrix renormalization group to study the one-dimensional bosonic Hubbard model, with and without disorder. We obtain the gaps in all phases, certain correlation functions, and the superfluid density. A finite-size-scaling analysis enables us to obtain an accurate phase diagram and the β function at the superfluid-Mott insulator transition and the Kosterlitz-Thouless essential singularity in the pure case. We also obtain coupling constants used in effective field theories for this system

Ventricular remodelling in rabbits with sustained high‐fat diet

Aim Excess weight gain and obesity are one of the most serious health problems in the western societies. These conditions enhance risk of cardiac disease and have been linked with increased prevalence for cardiac arrhythmias and sudden death. Our goal was to study the ventricular remodelling occurring in rabbits fed with high‐fat diet ( HFD ) and its potential arrhythmogenic mechanisms. Methods We used 15 NZW rabbits that were randomly assigned to a control ( n  = 7) or HFD group ( n  = 8) for 18 weeks. In vivo studies included blood glucose, electrocardiographic, and echocardiographic measurements. Optical mapping was performed in Langendorff‐perfused isolated hearts. Results Body weight (3.69 ± 0.31 vs. 2.94 ± 0.18 kg, P  < 0.001) and blood glucose levels (230 ± 61 vs. 141 ± 14 mg dL −1 , P  < 0.05) were higher in the HFD group vs. controls. The rate‐corrected QT interval and its dispersion were increased in HFD rabbits vs. controls (169 ± 10 vs. 146 ± 13 ms and 37 ± 11 vs. 9 ± 2 ms, respectively; P  < 0.05). Echocardiographic analysis showed morphological and functional alterations in HFD rabbits indicative of left ventricle (LV) hypertrophy. Isolated heart studies revealed no changes in repolarization and propagation properties under conditions of normal extracellular K + , suggesting that extrinsic factors could underlie those electrocardiographic modifications. There were no differences in the dynamics of ventricular fibrillation (frequency, wave breaks) in the presence of isoproterenol. However, HFD rabbits showed a small reduction in action potential duration and an increased incidence of arrhythmias during hyperkalaemia. Conclusion High‐fat feeding during 18 weeks in rabbits induced a type II diabetes phenotype, LV hypertrophy, abnormalities in repolarization and susceptibility to arrhythmias during hyperkalaemia.Peer Reviewedhttp://deepblue.lib.umich.edu/bitstream/2027.42/106944/1/apha12185.pdfhttp://deepblue.lib.umich.edu/bitstream/2027.42/106944/2/apha12185-sup-0001-FigS1-S4TableS1-S3.pd