155 research outputs found

    Time-varying Predictability in Crude Oil Markets: The Case of GCC Countries

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    This paper uses a time-varying parameter model with generalized autoregressive conditional heteros-cedasticity effects to examine the dynamic behavior of crude-oil prices for the period 1997-2008. Using data from four countries of the Gulf Cooperation Council, we find evidence of short-term pre-dictability in oil-price changes over time, except for several short sub-periods. However, the hypothe-sis of convergence towards weak-form informational efficiency is rejected for all markets. In addition, we explore the possibility of structural breaks in the time-paths of the estimated predictability indices and detect only one breakpoint, for the oil markets in Qatar and United Arab Emirates. Our empirical results therefore call for new empirical research to further gauge the predictability characteristics and the determinants of oil-price changes.

    DEVELOPMENT AND APPLICATION OF THE ENVIRONMENTAL HYDRODYNAMIC 3D MODEL FOR COMPUTATION AND FORECASTING OF OIL POLLUTIONS IN COASTAL MARINE ENVIRONMENT

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    Joint Research on Environmental Science and Technology for the Eart

    Vietnam’s Accession to the World Trade Organization: Economic Projections to 2020

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    This study presents a set of assessments of the long term economic effects of Vietnam’s accession to the WTO. Generally speaking, our results indicate that Vietnam would benefit from accelerating its participation in more open multilateralism. However, it is also clear from our analysis that these benefits will remain modest in the absence of comprehensive and complementary domestic economic reforms. Passive external liberalization, even when coupled with determined domestic reform, is inferior to WTO participation combined with negotiated market access and other activist multilateral agreements. Finally, our analysis shows that capital insufficiency is a very serious constraint on Vietnamese economic growth and diversification. Capital market reform can play an essential role in dynamic and sustained economic development for the country.Vietnam, WTO, Trade

    Measuring citizen's satisfaction when using E-Government online public services: Lessons from Vietnam

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    This study aims to evaluate the factors affecting the satisfaction of citizen when using online public services through data collected from direct surveys of people. Research results show that Quality of online public services, Citizen's awareness, Privacy and security, Trust and accessibility affect citizen's satisfaction when using online public services. Based on these results, the study also gives some discussion and governance implications for researchers as well as policy-makers in improving citizen's satisfaction as well as attracting more users for online public services in Vietnam context

    Ho Chi Minh's Thoughts On Control Of The State's Power And Lessons For Vietnam

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    In Vietnam, the State’s power is unified, agencies shall assign, coordinate and control each other in the exercises of the legislative, executive, and judicial powers. This is necessary to prevent abuse of power and ensure the state’s power. The Constitution 1946 was written by Ho Chi Minh (1890 -1969) and created a mechanism and foundation to control the state’s power in Vietnam. Nearly, in the Constitution 2013, the issue of controlling state power is recorded. The assignment and control are reflected in the assignment of the scope of power to each state agency. From the approach of philosophical, social philosophy, and political philosophy, through research and analysis documents in Ho Chi Minh Complete Collection; of previous researchers and policies, legal of Vietnam’s Government on control of the state's power and lessons for Vietnam today. The result shows that Ho Chi Minh’s thought on controlling power has shown the basic contents related to asserting that the power owner belongs to the people and focusing on supervision; use the Constitution to limit state power. The article also gives experiences when studying Ho Chi Minh's thoughts on state power control over Vietnam today

    Identification of nonlinear heat transfer laws from boundary observations

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    We consider the problem of identifying a nonlinear heat transfer law at the boundary, or of the temperature-dependent heat transfer coefficient in a parabolic equation from boundary observations. As a practical example, this model applies to the heat transfer coefficient that describes the intensity of heat exchange between a hot wire and the cooling water in which it is placed. We reformulate the inverse problem as a variational one which aims to minimize a misfit functional and prove that it has a solution. We provide a gradient formula for the misfit functional and then use some iterative methods for solving the variational problem. Thorough investigations are made with respect to several initial guesses and amounts of noise in the input data. Numerical results show that the methods are robust, stable and accurate

    Anomalous Magnetic Moment of Muon in Economical 3-3-1 Model

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    We investigate in detail  oneloopone-loop contribution of new particles to the muon  anomalous magnetic moment (g2)μ(g-2)_\mu in the framework of the economical 3-3-1 model. The main contributions to the anomalous magnetic moment come from new neutral gauge boson ZZ',  bilepton  singly charged  vector boson Y±Y^\pm. The contributions of new neutral/charged scalars are small and can be neglected. The result is extended to other versions of 3-3-1 models.Comparing the anomalous magnetic moment value in this model with experimental value we set the extension requirement for the model

    Vietnam’s Accession to the World Trade Organization: Economic Projections to 2020

    Get PDF
    This study presents a set of assessments of the long term economic effects of Vietnam’s accession to the WTO. Generally speaking, our results indicate that Vietnam would benefit from accelerating its participation in more open multilateralism. However, it is also clear from our analysis that these benefits will remain modest in the absence of comprehensive and complementary domestic economic reforms. Passive external liberalization, even when coupled with determined domestic reform, is inferior to WTO participation combined with negotiated market access and other activist multilateral agreements. Finally, our analysis shows that capital insufficiency is a very serious constraint on Vietnamese economic growth and diversification. Capital market reform can play an essential role in dynamic and sustained economic development for the country
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