Data report: Seismic structure beneath the North Cascadia drilling transect of IODP Expedition 311

Between 1999 and 2004, new seismic data became available for the study of gas hydrates on the northern Cascadia margin. These data consist of multi- and single-channel data with two- and partly three-dimensional subsurface coverage and were acquired and used in support of the proposal for Integrated Ocean Drilling Program (IODP) Expedition 311 carried out in 2005. The working area lies across the continental slope off the coast of central Vancouver Island, British Columbia, Canada, with water depths ranging from 2600 m in the trench to 500 m on the upper slope, where it is well above the minimum depth for gas hydrate stability. This paper gives the details of the data acquisition and conventional processing and then focuses on describing the new data at six individual sites along a transect across the gas hydrate zone. Five of the sites were drilled during the Expedition 311. The transect of sites commences at the almost undeformed incoming sediments seaward of the region where gas hydrates are observed; these ocean basin sediments were drilled at a site 40 km southeast during Ocean Drilling Program (ODP) Leg 146. The transect continues up the continental slope into the area of hydrate stability, with a site on top of the frontal accretionary ridge where normal faulting indicates margin parallel extension; a site in the first slope basin overlying a buried ridge near a reflectivity wipe-out zone; a site adjacent to Site 889 of Leg 146 and therefore acting as a tie hole; the most landward site at the shallowest end of the hydrate stability field; and a cold vent site at one of several blank zones close to a bright spot region in the seismic records

Solving linear parabolic rough partial differential equations

We study linear rough partial differential equations in the setting of [Friz and Hairer, Springer, 2014, Chapter 12]. More precisely, we consider a linear parabolic partial differential equation driven by a deterministic rough path $\mathbf{W}$ of H\"older regularity $\alpha$ with $1/3 < \alpha \le 1/2$. Based on a stochastic representation of the solution of the rough partial differential equation, we propose a regression Monte Carlo algorithm for spatio-temporal approximation of the solution. We provide a full convergence analysis of the proposed approximation method which essentially relies on the new bounds for the higher order derivatives of the solution in space. Finally, a comprehensive simulation study showing the applicability of the proposed algorithm is presented

Local fiscal policies and their impact on the number and spatial distribution of new firms

We examine the effect of local business taxation and local public good and service (PIGS) provision on the number and spatial distribution of new firms. The analysis draws on panel data for the universe of firm foundations in German municipalities, matched to municipalities' local business tax rates and the level and structure of their local PIGS provision. Methodologically, we estimate fixed effects poisson models coupled with a control function approach. The results suggest that local business taxation (PIGS provision) has a strong negative (positive) impact on the number of new firms in the policy-changing jurisdiction. Local business taxes are, moreover, found to exert beggar-thy-neighbor externalities on neigboring jurisdictions: tax reductions strongly lower the number of neighbors' firm foundations, implying that the aggregate number of new firms remains unchanged; while PIGS provision, on average, exerts no significant impact on the number of firms in adjacent jurisdictions, negative effects emerge for subsets of PIGS and firms

Large and influential: firm size and governments' corporate tax rate choice?

Theory suggests that large firms are more likely to engage in lobbying behaviour and have better bargaining positions against their host governments than smaller entities. Conditional on jurisdiction size, public policy choices are thus predicted to depend on the shape of a jurisdiction's firm size distribution, with more business-friendly policies being enacted if economic activity is concentrated in a small number of entities. We empirically assess this prediction studying local business tax choices of German municipalities. Exploiting rich and quasi-experimental variation in localities' firm size structures, we find evidence for an inverse relationship between the concentration of economic activity and communities' business tax choices. The effect is statistically significant and quantitatively relevant, suggesting that the rising importance of large businesses may trigger shifts towards a more business-friendly design of (tax) policies

Tidally controlled gas bubble emissions: A comprehensive study using long-term monitoring data from the NEPTUNE cabled observatory offshore Vancouver Island

Long-term monitoring over one year revealed high temporal variability of gas emissions at a cold seep in 1250 m water depth offshore Vancouver Island, British Columbia. Data from the North East Pacific Time series Underwater Networked Experiment observatory operated by Ocean Networks Canada were used. The site is equipped with a 260 kHz Imagenex sonar collecting hourly data, conductivity-temperature-depth sensors, bottom pressure recorders, current meter, and an ocean bottom seismograph. This enables correlation of the data and analyzing trigger mechanisms and regulating criteria of gas discharge activity. Three periods of gas emission activity were observed: (a) short activity phases of few hours lasting several months, (b) alternating activity and inactivity of up to several day-long phases each, and (c) a period of several weeks of permanent activity. These periods can neither be explained by oceanographic conditions nor initiated by earthquakes. However, we found a clear correlation of gas emission with bottom pressure changes controlled by tides. Gas bubbles start emanating during decreasing tidal pressure. Tidally induced pressure changes also influence the subbottom fluid system by shifting the methane solubility resulting in exsolution of gas during falling tides. These pressure changes affect the equilibrium of forces allowing free gas in sediments to emanate into the water column at decreased hydrostatic load. We propose a model for the fluid system at the seep, fueled by a constant sub-surface methane flux and a frequent tidally controlled discharge of gas bubbles into the ocean, transferable to other gas emission sites in the world's oceans