How export-led growth can lead to take-off

Export-led growth has gained considerable prominence as a model for economic development since its use by East Asian newly industrializing countries. Thus, the question of how it can be used by other countries wishing to industrialize and under what circumstances it can lead to the take-off of an economy is highly relevant for development policy. In light of current macroeconomic imbalances on the global stage, the question of sustainability arises: Is take-off by export-led growth possible without permanent balance-of-trade surpluses? The article gives a brief overview and offers thoughts into various ways in which the impetus of exportled growth for the overall economy might work.development, export-led growth, export base, industrialization, industrial policy, take-off, comparative advantage, new trade theory

An Iterative Model Reduction Scheme for Quadratic-Bilinear Descriptor Systems with an Application to Navier-Stokes Equations

We discuss model reduction for a particular class of quadratic-bilinear (QB) descriptor systems. The main goal of this article is to extend the recently studied interpolation-based optimal model reduction framework for QBODEs [Benner et al. '16] to a class of descriptor systems in an efficient and reliable way. Recently, it has been shown in the case of linear or bilinear systems that a direct extension of interpolation-based model reduction techniques to descriptor systems, without any modifications, may lead to poor reduced-order systems. Therefore, for the analysis, we aim at transforming the considered QB descriptor system into an equivalent QBODE system by means of projectors for which standard model reduction techniques for QBODEs can be employed, including aforementioned interpolation scheme. Subsequently, we discuss related computational issues, thus resulting in a modified algorithm that allows us to construct \emph{near}--optimal reduced-order systems without explicitly computing the projectors used in the analysis. The efficiency of the proposed algorithm is illustrated by means of a numerical example, obtained via semi-discretization of the Navier-Stokes equations

ModHMM: A Modular Supra-Bayesian Genome Segmentation Method

Genome segmentation methods are powerful tools to obtain cell type or tissue-specific genome-wide annotations and are frequently used to discover regulatory elements. However, traditional segmentation methods show low predictive accuracy and their data-driven annotations have some undesirable properties. As an alternative, we developed ModHMM, a highly modular genome segmentation method. Inspired by the supra-Bayesian approach, it incorporates predictions from a set of classifiers. This allows to compute genome segmentations by utilizing state-of-the-art methodology. We demonstrate the method on ENCODE data and show that it outperforms traditional segmentation methods not only in terms of predictive performance, but also in qualitative aspects. Therefore, ModHMM is a valuable alternative to study the epigenetic and regulatory landscape across and within cell types or tissues

Peer Methods for the Solution of Large-Scale Differential Matrix Equations

We consider the application of implicit and linearly implicit (Rosenbrock-type) peer methods to matrix-valued ordinary differential equations. In particular the differential Riccati equation (DRE) is investigated. For the Rosenbrock-type schemes, a reformulation capable of avoiding a number of Jacobian applications is developed that, in the autonomous case, reduces the computational complexity of the algorithms. Dealing with large-scale problems, an efficient implementation based on low-rank symmetric indefinite factorizations is presented. The performance of both peer approaches up to order 4 is compared to existing implicit time integration schemes for matrix-valued differential equations.Comment: 29 pages, 2 figures (including 6 subfigures each), 3 tables, Corrected typo

On Error Estimation for Reduced-order Modeling of Linear Non-parametric and Parametric Systems

Motivated by a recently proposed error estimator for the transfer function of the reduced-order model of a given linear dynamical system, we further develop more theoretical results in this work. Furthermore, we propose several variants of the error estimator, and compare those variants with the existing ones both theoretically and numerically. It has been shown that some of the proposed error estimators perform better than or equally well as the existing ones. All the error estimators considered can be easily extended to estimate output error of reduced-order modeling for steady linear parametric systems.Comment: 34 pages, 12 figure

Convergence Analysis of Extended LOBPCG for Computing Extreme Eigenvalues

This paper is concerned with the convergence analysis of an extended variation of the locally optimal preconditioned conjugate gradient method (LOBPCG) for the extreme eigenvalue of a Hermitian matrix polynomial which admits some extended form of Rayleigh quotient. This work is a generalization of the analysis by Ovtchinnikov (SIAM J. Numer. Anal., 46(5):2567-2592, 2008). As instances, the algorithms for definite matrix pairs and hyperbolic quadratic matrix polynomials are shown to be globally convergent and to have an asymptotically local convergence rate. Also, numerical examples are given to illustrate the convergence.Comment: 21 pages, 2 figure