Competition, restructuring and firm performance: evidence of an inverted-U relationship from a cross-country survey of firms in transition economies

This paper examines the importance of competition in the growth anddevelopment of firms. We draw on a survey of 3,300 firms in 25transition countries to shed light on the factors that influencerestructuring by firms and their subsequent performance. These datahave three main advantages over those used in previous work. First,they measure directly the degree of competition perceived by each firmin its principal market rather than attempting to infer this from marketdata as measured by statistical agencies. Second, the fact that transitioncountries have market structures inherited from the past avoids some ofthe endogeneity problems associated with measures of competition inmarket economies. Third, the breadth of cross-country variationprovides a method of dealing with the fact that firm-level measures ofthe external environment will not be independent of the firm?s ownperformance. We find evidence of a robust inverted-U effect ofcompetition on performance that is both statistically and economicallysignificant. This paper examines the importance of competition in the growth anddevelopment of firms. We draw on a survey of 3,300 firms in 25transition countries to shed light on the factors that influencerestructuring by firms and their subsequent performance. These datahave three main advantages over those used in previous work. First,they measure directly the degree of competition perceived by each firmin its principal market rather than attempting to infer this from marketdata as measured by statistical agencies. Second, the fact that transitioncountries have market structures inherited from the past avoids some ofthe endogeneity problems associated with measures of competition inmarket economies. Third, the breadth of cross-country variationprovides a method of dealing with the fact that firm-level measures ofthe external environment will not be independent of the firm?s ownperformance. We find evidence of a robust inverted-U effect ofcompetition on performance that is both statistically and economicallysignificant

Applicability and Utility of the Astromaterials X-Ray Computed Tomography Laboratory at Johnson Space Center

The Astromaterials Acquisition and Curation Office at NASAs Johnson Space Center is responsible for curating all of NASAs astromaterial sample collections (i.e. Apollo samples, Luna Samples, Antarctic Meteorites, Cosmic Dust Particles, Microparticle Impact Collection, Genesis solar wind atoms, Stardust comet Wild-2 particles, Stardust interstellar particles, and Hayabusa asteroid Itokawa particles) [1-3]. To assist in sample curation and distribution, JSC Curation has recently installed an X-ray computed tomography (XCT) scanner to visualize and characterize samples in 3D. [3] describes the instrumental set-up and the utility of XCT to astromaterials curation. Here we describe some of the current and future projects and illustrate the usefulness of XCT in studying astromaterials

High Energy Nuclear Collisions: Theory Overview

We review some basic concepts of Relativistic Heavy Ion Physics and discuss our understanding of some key results from the experimental program at the Relativistic Heavy Ion Collider (RHIC). We focus in particular on the early time dynamics of nuclear collisions, some result from lattice QCD, hard probes and photons.Comment: 11 pages, 3 figures; delivered at ISNP 2009, published in Praman

Information sharing and credit : firm-level evidence from transition countries

We investigate whether information sharing among banks has affected credit market performance in the transition countries of Eastern Europe and the former Soviet Union, using a large sample of firm-level data. Our estimates show that information sharing is associated with improved availability and lower cost of credit to firms. This correlation is stronger for opaque firms than transparent ones and stronger in countries with weak legal environments than in those with strong legal environments. In cross-sectional estimates, we control for variation in country-level aggregate variables that may affect credit, by examining the differential impact of information sharing across firm types. In panel estimates, we also control for the presence of unobserved heterogeneity at the firm level, as well as for changes in macroeconomic variables and the legal environment

Direct Photons at RHIC

The PHENIX experiment has measured direct photons in $\sqrt{s_{NN}} = 200$ GeV Au+Au collisions and p+p collisions. The fraction of photons due to direct production in Au+Au collisions is shown as a function of $p_T$ and centrality. This measurement is compared with expectation from pQCD calculations. Other possible sources of direct photons are discussed.Comment: 7 pages, 5 figures, presented at Hot Quarks 2004, Taos, N

Análise de componentes principais da circunferência escrotal em touros da raça Canchim.

O objetivo deste trabalho foi estudar a inter-relação entre medidas da circuferência escrotal aos 12, 18 e 24 meses de idade de 293 touros da raça Canchim, utilizando-se dos componentes principais. O primeiro componente principal explicou 72% da variação total, e um índice das características estudadas com a importância das mesmas. O segundo e o terceiro componentes principais explicaram 19 e 9% de variação total, respectivamente, e constratam animais com maiores medidas de circuferência escrotal em idades mais jovens com animais de maiores circunferências em idades posteriores.Resumo expandido

Elliptic flow of resonances at RHIC: probing final state interactions and the structure of resonances

We propose the measurement of the elliptic flow of hadron resonances at the Relativistic Heavy Ion Collider as a tool to probe the amount of hadronic final state interactions for resonances at intermediate and large transverse momenta. This can be achieved by looking at systematic deviations of the measured flow coefficient $v_2$ from the scaling law given by the quark recombination formalism. Our method can be generalized to explore the structure of exotic particles, such as the recently found pentaquark $\Theta^+ (1540)$.Comment: 5 pages, 2 figures; v2: accepted version for publication in Physical Review C rapid communication

Service Learning in Guatemala: Using Qualitative Content Analysis to Explore an Interdisciplinary Learning Experience Among Students in Health Care Professional Programs

What is the experience of interprofessional collaboration as a nursing, occupational, or physical therapy health care student taking part in a weeklong service-learning experience? Interprofessional collaboration among health care professionals yields improved patient outcomes, yet many students in health care programs have limited exposure to interprofessional collaboration in the classroom and in clinical and service-learning experiences. This practice gap implies that students enter their professions without valuing interprofessional collaboration and the impact it has on promoting positive patient outcomes. The aim of this study was to describe the interprofessional experiences of students in health care professional programs as they collaborated to provide health care to Guatemalan citizens over a 7-day period