5,131 research outputs found

    Estonia in transition under the restrictions of European institutional competition

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    After the fundamental changes of the early 1990s and before Estonia joined the EU, many neo-liberal economists regarded Estonia as their model student - due to the country's economic principles. Economic growth has been positive from 1995 on (except in 1999) until 2007, and above the EU average. During this period, GDP per capita and productivity have grown from just under a third of the EU average to 70 per cent of it in 2007. Today the attitude towards Estonia has slightly changed, because Estonia has involved into global economic crises and in decline stage of local trade cycle simultaneously. The transformation process in Estonia is an extreme case within a number of similar cases in Central and Eastern Europe. After regaining its political independence, Estonia established a liberal and democratic society. Since 1992 Estonia has pursued one of the most liberal trade policies in the world. The state budget is subject to the balanced-budget principle. In as early as 1998, 85% of companies were privatized. The currency board system tied the Estonian currency, the Eesti kroon (EEK), to the German mark (DEM) at a rate of about 8:1. To round the picture off: agricultural subsidies were abolished and a flat income tax rate was introduced. This article seeks to analyze Estonia's transition under the restrictions of European institutional competition in more detail. The first and second part analyses some areas of transition macro- and micro-policies that have been suggested that Estonia applies in order to a) join EU and b) catch up within the EU. The third part deals with Estonia's position in international economic competition up to the present time. We define Estonia's strong and weak points in system competition today as result the transition policy. As can be shown, there is still a great need for convergence in economic performance compared to the EU average. --Institutional economics,transformation,economic integration,Estonia

    Competition policy's role in network industries: Regulation and deregulation in Estonia

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    The article analyzes the competition policy's role in network industries (energy, telecommunication and railway sector) from points of view regulation and deregulation and institutional aspects of the competition policy in Estonia taking into account the particular developments in some transition countries and practices, which seem to be relevant for further regulating developments in Estonia. The main objective of the article is to find out, what type of institutional arrangement is suitable for regulating network industries in Estonia. Under the observation are institutional and organizational aspects of competition in abovementioned sectors. The article has two parts: First part focuses on particular law, which regulates network industries in Estonia; the second part analyzes institutional and organizational aspects of regulation and competition policy. Considering possibilities for regulation in network industries there are analyzed three different models: single sector-specific regulators and competition board; integrated multi-sector regulatory institution and separate competition board; and unitary competition supervisory and regulatory institution. --Estonia,competition policy network industries

    On the Issue of Camera Calibration with Narrow Angular Field of View

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    This paper considers the issue of calibrating a camera with narrow angular field of view using standard, perspective methods in computer vision. In doing so, the significance of perspective distortion both for camera calibration and for pose estimation is revealed. Since narrow angular field of view cameras make it difficult to obtain rich images in terms of perspectivity, the accuracy of the calibration results is expectedly low. From this, we propose an alternative method that compensates for this loss by utilizing the pose readings of a robotic manipulator. It facilitates accurate pose estimation by nonlinear optimization, minimizing reprojection errors and errors in the manipulator transformations at the same time. Accurate pose estimation in turn enables accurate parametrization of a perspective camera

    Deformation modes and geometries in the EPICA-DML ice core, Antarctica

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    Combination of physical-properties methods (crystal-orientation-fabrics, grain-elongation-data, line-scan stratigraphy-documentation) reveal evidences for five deformation geometry regimes:1. Random c-axes distributions and crystal elongation directions (~2020 m depth). Here bed-parallel simple shear deforms the ice causing folding and inclination of stratigraphic layers.5. A last change of geometries is observed at ~2370 m depth, with a locally very restricted (~10 m) backslide to girdle fabric, isoclinal z-folding and borehole closure. Below that an inclined single maximum fabric reoccurs.Simple shear can easily produce the observed small-scale folding of layers which however may belong to disturbances on a larger scale with possible overturning and thus age reversal of layers. Below ~2020 m the EDML climate record has to be interpreted with great care
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