WorldWideScience

Sample records for breeding stock

  1. A review of Poultry Breeding stock in the Nordic Countries

    OpenAIRE

    Sørensen, Poul; Danell, Brigitte; Brenøe, Ulrik; Tuiskula-Haavisto, Maria

    2004-01-01

    The poultry breeding is world wide concentrated in few and large breeding companies and none of them are situated in Nordic countries. Regarding egg laying stock the hybrids offered by these companies are primarily developed in order to produce in cage systems and although they are high producing stock they has some short comings when kept in free range systems in terms of inadequate behaviour, mislaying of eggs and sometimes high mortality. The question of using cages for keeping hens has...

  2. Atlantic salmon brood stock management and breeding handbook

    Science.gov (United States)

    Kincaid, Harold L.; Stanley, Jon G.

    1989-01-01

    Anadromus runs of Atlantic salmon have been restored to the Connecticut, Merrimack, Pawcatuck, Penobscot, and St. Croix rivers in New England by the stocking of more than 8 million smolts since 1948. Fish-breeding methods have been developed that minimize inbreeding and domestication and enhance natural selection. Methods are available to advance the maturation of brood stock, control the sex of production lots and store gametes. Current hatchery practices emphasize the use of sea-run brood stock trapped upon return to the rivers and a limited number of captive brood stock and rejuvenated kelts. Fish are allowed to mature naturally, after which they are spawned and incubated artificially. Generally, 1-year smolts are produced, and excess fish are stocked as fry in headwater streams. Smolts are stocked during periods of rising water in spring. Self-release pools are planned that enable smolts to choose the emigration time. Culturists keep good records that permit evaluation of the performance of strains and the effects of breeding practices. As Atlantic salmon populations expand, culturists must use sound breeding methods that enhance biotic potential while maintaining genetic diversity and protecting unique gene pools.

  3. The ecological production of cleans stock-breeding problems

    International Nuclear Information System (INIS)

    KazSRTIS have made researches on study of maintenance in cows' milk developed in Almaty's region, determination of heavy metal salts and radionuclides. It has been noted that maintenance of mercury, lead, cupper and zinc increased in suburb's housekeeping cows' milk, which was disposed nearly international highway and industry activities. It is known that entering radionuclides human organism happens by food chain 'soil - vegetable cover - animals product stock-breeding -person'. Animals transformer stern's plants energy at the in conclusion it allows to take the compare with initial vegetable exponent more ecological tidy products limits stream toxic elements in food series of person. It lets to study agricultural animals, how 'biological filter' in production ecological clean and healthy product of food. Changing structure and set stern's rationals, method contents the limit of animals stream manufacturing pollution from soil vegetable cover agricultural used in milk and in mead from 2 till 5 times. Utilisation tidy stern's in final period fatten meat cattle give possibility to clean the organs and tissue of animals which representative food's value from admixture to level, corresponding medical - hygienic standards. It is necessary to make analysis on compound investigation on the effect of radionuclides in agricultural animals, namely to utilize them, that really barrier migrate toxic elements in captured chain of person. The ways of solutions in ecological stock-breeding problems are next: to show up ecological tidy and ecological unsuccessful places; to study rules of transition in basic pollutions of food chains; toxic elements limitation rules in stock-breeding production; utilization manufactory-polluted territories from technological elements for stock-breeding

  4. Characterization of Pre-breeding Genetic Stocks of Urdbean (Vigna mungo L. Hepper) Induced Through Mutagenesis

    International Nuclear Information System (INIS)

    Pre-breeding genetic stocks using different doses of EMS, Gamma-rays and combination of both (EMS and Gamma-rays) were induced in two urdbean cultivars viz., PU-19 (Pant Urd-19) and PU-30 (Pant Urd-30). Out of a total 14 of macro mutations selected from the different treatments of the mutagens in PU-19, narrow leaf mutant exhibited significantly a higher yield/plant as compared to the parent and some other mutants viz., non-hairy, tall, and tendriller showed at par grain yield. All the seed and pod color double mutations selected from the PU-30 showed significantly higher yield. Such breeding stocks can be used for the further genetic enhancement of this crop. (author)

  5. Characterization of pre breeding genetic stocks of urdbean (Vigna mungo L. Hepper) induced through mutagenesis

    International Nuclear Information System (INIS)

    Pre-breeding genetic stocks using different doses of EMS, gamma rays and combination of both (EMS and Gamma rays) in two urdbean cultivar viz., PU-19 (Pant Urd-19) and PU-30 (Pant Urd-30) were induced. Out of a total 14 macro mutation selected from the different treatments of the mutagens in PU-19, narrow leaf mutant exhibited significantly higher yield/ plant as compared to the parent and some other mutants viz., Non hairy, Tall, and tendriller showed at par grain yield. All the seed and pod colour double mutations selected from the PU-30 showed significantly higher yield as compared. Such breeding stocks can be used for the further genetic enhancement of this crop. (author)

  6. A Study Determining the Factors Effective on Hygiene and Health Management in Stock Breeding Enterprises: The Case of Erzurum City

    OpenAIRE

    Erdogan Sezgin; Ayse Sezgin

    2011-01-01

    A survey was conducted in 8 counties of Erzurum city with 165 farmers to determine the factors effective on hygiene and health management in stock breeding enterprises. The LIMPED software package was used to analyze the survey data using Logit Model. Four factors which are needed to consider for improving the hygiene and health conditions in stock breeding enterprises were used as dependent variables. These factors were as follows: routine health checks of the animals in the farm; cleansing ...

  7. Rapid increase of the grey seal ( Halichoerus grypus) breeding stock at Helgoland

    Science.gov (United States)

    Abt, K.; Engler, J.

    2009-06-01

    Over the past 25 years, the grey seal ( Halichoerus grypus) population in the North Sea increased on average at 5% per year, while founding a number of new colonies. Based on published data, this note compares recent trends in pup production at nine breeding sites, with focus on the German island of Helgoland. Since 1997, numbers born at Helgoland increased at 35% per year (95% CI: 29-42), reaching an all-time high of 53 in 2007. Yet, this was less than 1% of all grey seal offspring in the North Sea area. Some other small stocks had similarly high growth rates of 20-50%, which must be explained by immigration from the larger colonies, as sustained autochthonous increase cannot exceed 13% per year in the species. Further, the Helgoland breeding stock increased significantly faster than the neighbouring colonies at Amrum (13%) and in the Dutch Wadden Sea (20%), indicating higher offspring survival and/or higher relative influx of migrants. This is attributed to the fact that at Helgoland newborn seals are safe from floodwater. In the other two sites, in contrast, pups are born on sandbanks and are thus often hit by winterly storm tides, which poses a risk to their survival. Because of the favourable breeding conditions at Helgoland, this new colony is expected to soon become an important stronghold of the grey seal in the Dutch-German North Sea area.

  8. Relationships between Single Nucleotide Polymorphism Markers and Meat Quality Traits of Duroc Breeding Stocks in Korea.

    Science.gov (United States)

    Choi, J S; Jin, S K; Jeong, Y H; Jung, Y C; Jung, J H; Shim, K S; Choi, Y I

    2016-09-01

    This study was conducted to determine the relationships of five intragenic single nucleotide polymorphism (SNP) markers (protein kinase adenosine monophosphate-activated γ3 subunit [PRKAG3], fatty acid synthase [FASN], calpastatin [CAST], high mobility group AT-hook 1 [HMGA1], and melanocortin-4 receptor [MC4R]) and meat quality traits of Duroc breeding stocks in Korea. A total of 200 purebred Duroc gilts from 8 sires and 40 dams at 4 pig breeding farms from 2010 to 2011 reaching market weight (110 kg) were slaughtered and their carcasses were chilled overnight. Longissimus dorsi muscles were removed from the carcass after 24 h of slaughter and used to determine pork properties including carcass weight, backfat thickness, moisture, intramuscular fat, pH24h, shear force, redness, texture, and fatty acid composition. The PRKAG3, FASN, CAST, and MC4R gene SNPs were significantly associated with the meat quality traits (pstearic acid, oleic acid and polyunsaturated fatty acid than FASN CC genotype. While the carcasses of CAST (A 0.373/G 0.627) AA genotype had thicker backfat, and lower shear force, palmitoleic acid and oleic acid content, they had higher stearic acid content than those from the CAST GG genotype. The MC4R (G 0.208/A 0.792) AA genotype were involved in increasing backfat thickness, carcass weight, moisture and saturated fatty acid content, and decreasing unsaturated fatty acid content in Duroc meat. These results indicated that the five SNP markers tested can be a help to select Duroc breed to improve carcass and meat quality properties in crossbred pigs. PMID:27507182

  9. Stock structure, connectivity and breeding sex ratios of eastern Pacific hawksbills

    Data.gov (United States)

    National Oceanic and Atmospheric Administration, Department of Commerce — This project, initiated with FY13 funds and extended with FY14 funds, will determine stock structure, connectivity the latter only evident in Central American...

  10. Long-term changes in nutrients and mussel stocks are related to numbers of breeding eiders Somateria mollissima at a large Baltic colony.

    Directory of Open Access Journals (Sweden)

    Karsten Laursen

    Full Text Available BACKGROUND: The Baltic/Wadden Sea eider Somateria mollissima flyway population is decreasing, and this trend is also reflected in the large eider colony at Christiansø situated in the Baltic Sea. This colony showed a 15-fold increase from 1925 until the mid-1990's, followed by a rapid decline in recent years, although the causes of this trend remain unknown. Most birds from the colony winter in the Wadden Sea, from which environmental data and information on the size of the main diet, the mussel Mytilus edulis stock exists. We hypothesised that changes in nutrients and water temperature in the Wadden Sea had an effect on the ecosystem affecting the size of mussel stocks, the principal food item for eiders, thereby influencing the number of breeding eider in the Christiansø colony. METHODOLOGY/PRINCIPAL FINDING: A positive relationship between the amount of fertilizer used by farmers and the concentration of phosphorus in the Wadden Sea (with a time lag of one year allowed analysis of the predictions concerning effects of nutrients for the period 1925-2010. There was (1 increasing amounts of fertilizer used in agriculture and this increased the amount of nutrients in the marine environment thereby increasing the mussel stocks in the Wadden Sea. (2 The number of eiders at Christiansø increased when the amount of fertilizer increased. Finally (3 the number of eiders in the colony at Christiansø increased with the amount of mussel stocks in the Wadden Sea. CONCLUSIONS/SIGNIFICANCE: The trend in the number of eiders at Christiansø is representative for the entire flyway population, and since nutrient reduction in the marine environment occurs in most parts of Northwest Europe, we hypothesize that this environmental candidate parameter is involved in the overall regulation of the Baltic/Wadden Sea eider population during recent decades.

  11. Productive responses of breeding Cashmere goats and their kids to different stocking rates on improved upland pastures.

    Science.gov (United States)

    Celaya, R; Moreno-Gonzalo, J; López López, C; Ferreira, L M M; García, U; Ferre, I; Osoro, K

    2016-03-01

    Although goat meat production could be an option for diversification in improved upland pastures in northern Spain, precise information on the optimal grazing management to enhance goat performance and maximize production per unit land area is lacking. The objective of this study was to compare the effects of 3 stocking rates, high stocking rate (HSR; 20 goats/ha), medium stocking rate (MSR; 15 goats/ha), and low stocking rate (LSR; 10 goats/ha), on gastrointestinal (GI) nematode infections and productive responses of Cashmere goats grazing such pastures. Treatments were replicated twice on 6 paddocks sown with and and with a high presence of the native grass . The experiment lasted 3 grazing seasons (from spring to autumn). Pastures were sampled for sward height and botanical and proximate composition. Body weight and BCS changes of goats were monitored and GI nematode infections were assessed by fecal egg counts (FEC). The established treatments resulted in lower mean sward height in the HSR than in the MSR and LSR (9.6, 11.5, and 14.4 cm, respectively; goats/ha could represent the best compromise between animal health, performance, and productivity per unit land area in this type of upland pastures, but stricter controls of parasite levels during the grazing season would be necessary to avoid production losses, unless alternative nutraceuticals are provided. PMID:27065288

  12. 基于能繁母猪存栏量和猪粮价比的猪肉价格预报%Pork price forecast based on breeding sow stocks and hog-grain price ratio

    Institute of Scientific and Technical Information of China (English)

    孙建明

    2013-01-01

      Hog market is full competitive in China. There are obvious and regular cyclical feature in the fluctuation of pork price. Since 2003, pork prices have experienced over two full cycles, the time intervals between the adjacent price valleys are 36 months and 41 months, and the lengths between the adjacent price peak are 41 months and 43 months. Taking both price peak and valley intervals into account, the average length of the cycles is approximately 40 months. Hog production has its own specific regularity that producers enlarge their production scales when profit rate increases, reduce scales in contrast. Breeding sow stocks are the keys of the hog production scale changes. Increase or decrease of breeding sow stock will cause pork supply changes in 10 months because of the rules of hog production. Granger causality test results show that current pork price and current hog-grain price ratio are unidirectional Granger causality to current breeding sow stocks, breeding sow stocks and hog-grain price ratios 10 months ago are unidirectional Granger causality to current pig prices. The contribution of this paper is the multiplicative pork price forecast models which synthesize seasonal factor, trend factor and cyclical factor based on breeding sow stock deviations and hog-grain price ratio deviation 10 months ago. Long term trend equation of pork price is a linear function of time. By using least squares method and pork price time series data, the trend equation parameters can be obtained. The calculations of each month pork price devided by the Feb pork price in the same year separately are the seasonal factor values in one year. Averaging the same month seasonal factors of different years, we get seasonal pork price feature curve, fit the curve with a sine function in which the length of cycle is 12 months. Deviding real pork prices by long term trend prices and seasonal feature fitting values of the same month, cyclical factor curve is obtained. The cyclical

  13. Stock evaluation and development of a breeding program for common carp (Cyprinus carpio) in Karnataka, India: progress of a research project

    OpenAIRE

    Basavaraju, Y.; Penman, D.J.; Mair, G.C.

    2003-01-01

    Common carp (Cyprinus carpio) is the single most important species for aquaculture in the state of Karnataka, India, where it is generally grown in polyculture with Indian major carps. Precocious maturation and unwanted reproduction in the species have been identified as constraints to increase production in aquaculture and culture-based fisheries in Karnataka state. Stocks of C. carpio obtained from Hungary (Amur and P3), Indonesia (Rajdanu) and Vietnam (SV) are being assessed alongside two ...

  14. Selective breeding in organic dairy production

    NARCIS (Netherlands)

    Nauta, W.J.

    2009-01-01

    Organic dairy farming started to take off in the early 1990s, when the European Union laid down organic standards for animal production. Until now, however, only incidental steps have been taken towards organic breeding and organic farmers mainly use breeding stock from conventional breeding program

  15. Strategy and Opportunity for The Development of Duck Breeding Farm

    Directory of Open Access Journals (Sweden)

    L Hardy Prasetyo

    2006-09-01

    Full Text Available The recent development of duck farming requires the availability of good quality breeding stocks commercially in order to improve productivity and efficiency . Presently, there is no commercial duck breeding farm which can produce good quality breeding stocks . This article presents information on alternatives in developing duck breeding farm, particularly for layer ducks . There are two alternative approaches in duck breeding farms : (1 Group breeding farm, which belongs to duck farmers' group, as part of a group production system, and (2 Commercial breeding farm, by an individual private company/Semi-Government Institution in a commercial scale and particularly for export market . A good breeding farm requires appropriate systems for selection and mating of the animals in order to guarantee the quality of the breeding stocks being produced . A breeding farm must be economically and technically feasible as an economic entity, so that economic analysis and marketing must be prepared seriously.

  16. Selective Breeding in Organic Dairy Production

    OpenAIRE

    Nauta, W.J.

    2009-01-01

    Organic dairy farming started to take off in the early 1990s, when the European Union laid down organic standards for animal production. Until now, however, only incidental steps have been taken towards organic breeding and organic farmers mainly use breeding stock from conventional breeding programmes. This thesis focuses on the possibilities for breeding in organic dairy farming. This thesis starts with describing the basic backgrounds of organic dairy farming and the results of a study ...

  17. Stock Markets

    Institute of Scientific and Technical Information of China (English)

    亚玲

    2005-01-01

    There are stock markets in large cities in many countries. Stock markets in Paris, London, Tokyo, Shanghai and New York are among the largest and most well-known. The stock market, also called stock exchange, is a place where people can buy or sell shares of a factory or company. And each share means certain ownership of a factory or company.

  18. Stock Status

    Data.gov (United States)

    National Oceanic and Atmospheric Administration, Department of Commerce — These data inform the public of the most recent stock status for all stocks (FSSI and non-FSSI) in the fishery management unit contained in a fishery managment...

  19. Genetic characterization of Russian honey bee stock selected for improved resistance to Varroa destructor

    Science.gov (United States)

    Maintenance of genetic diversity among breeding lines is important in selective breeding and stock management. The Russian Honey Bee Breeding Program has strived to maintain high levels of heterozygosity among its breeding lines since its inception in 1997. After numerous rounds of selection for res...

  20. Physiological breeding.

    Science.gov (United States)

    Reynolds, Matthew; Langridge, Peter

    2016-06-01

    Physiological breeding crosses parents with different complex but complementary traits to achieve cumulative gene action for yield, while selecting progeny using remote sensing, possibly in combination with genomic selection. Physiological approaches have already demonstrated significant genetic gains in Australia and several developing countries of the International Wheat Improvement Network. The techniques involved (see Graphical Abstract) also provide platforms for research and refinement of breeding methodologies. Recent examples of these include screening genetic resources for novel expression of Calvin cycle enzymes, identification of common genetic bases for heat and drought adaptation, and genetic dissection of trade-offs among yield components. Such information, combined with results from physiological crosses designed to test novel trait combinations, lead to more precise breeding strategies, and feed models of genotype-by-environment interaction to help build new plant types and experimental environments for future climates. PMID:27161822

  1. Genetic monitoring of supportive breeding in brown trout ( Salmo trutta L.), using microsatellite DNA markers

    DEFF Research Database (Denmark)

    Hansen, Michael Møller; Eg Nielsen, Einar; Ruzzante, D.E.;

    2000-01-01

    Stocking with offspring of local wild fish, so-called supportive breeding, is often advocated as an alternative to stocking domesticated fish. However, it is important to ensure that supportive breeding does not result in inbreeding and loss of genetic variability. We analysed eight microsatellite...... two populations subject to supportive breeding, there were strong indications of reduced effective population sizes, and significant genetic differentiation was observed between different samples from the same population....

  2. The content of isoflavones in red clover (T. pratense L. breeding material

    Directory of Open Access Journals (Sweden)

    Stanisław Burda

    2013-12-01

    Full Text Available The contents of four isoflavones: daidzein, genistein, formononetin and biochanin A were analysed in breeding stocks of red clover with the purpose to find stocks with the highest and lowest levels of these compounds. The total content of the isoflavones in twenty nine stocks studied, varied within the range of 0,70 to 1,19% D.M.

  3. The breeding program of Latxa breed

    OpenAIRE

    Ugarte E

    2007-01-01

    The present paper describes the breeding program of Latxa breed in Spain. Latxacs breeding program has been on-going since 1984 and it is focused on increasing milk yield. As a consequence of its implementation, an annual genetic improvement of 3% in milk yield has obtained. Currently, new traits are being considered in the selection breeding goal.

  4. Application of RAPD technology for identification in three different stocks of Penaeus chinensis

    Institute of Scientific and Technical Information of China (English)

    Liu Zhenhui; Kong Jie; Liu Ping; Deng Jingyao

    2003-01-01

    The genetic structure of three stocks (K, H and S) of Penaeus chinensis was detected by RAPD method which useed 41 random oligonucleotide primers with 10 bases. Stock K was from the spawning stock of the western coastal waters of the Korea Peninsula, H was from the Huanghai SeaBohai Sea stock and S was from the health cultured stock in Jimo, Shandong Province, China. Three genetic markers, F- 02540, OPN - 13800 and OPN - 202200, which could differentiate the three different stocks, have been reported. The basic data for marker assisted selection (MAS) on genetic breeding of Penaeus chinensis are provided.

  5. The use of mutant stock for semi-dwarf plant type and early maturity as cross-breeding materials in rice (coordinated programme on semi-dwarf mutants for rice improvement in Asia and the Pacific Region - RCA)

    International Nuclear Information System (INIS)

    Development of semi-dwarf type varieties has led to a substantial yield increase in Thailand, where rice is cultivated on areas of about 8 million hectars. Of 19 recommended Thai rice varieties, 10 possess the DGWG gene which determines semi-dwarf character. This situation can create some problems in terms of genetic vulnerability towards pests, diseases and other adverse stresses. The authors found that susceptibility to disease and insect pests as well as poor grain quality are major drawbacks associated with the DGWG gene. With this background, the major project goal was to obtain, by mutation techniques, a new genetic source of semi-dwarfness. For this purpose 3 tall local Thai varieties (Leaung Awn 29, Niaw Sanpah Tawng and Khao Dawk Mali) with very good grain quality, were chosen as parent material. Using radiation techniques 2 glutinous and 7 non-glutinous semi-dwarf mutants were obtained. Results of agronomic trials indicated that the mutants from local varieties were more promising and higher yielding in comparison to introduced varieties from IRRI, Taiwan, China, France and the USA. The preliminary genetics analysis of these mutants indicated an allelic relationship to the DGWG gene. This result is very important for the rice breeding programme because it made available the semi-dwarf gene in a new genetic background - with desirable characteristics for cultivation in Thailand. These positive results stimulated efforts to obtain new semi-dwarf mutants from other local, lowland rice varieties such as Leaung Tawang and Leb Mue Nahng 111. 49 and 35 semi-dwarf mutants were already selected after irradiation and are now under agronomic evaluation

  6. MODELING REGIONAL SYSTEMS OF BREEDING PIGS

    Directory of Open Access Journals (Sweden)

    Svinarev I. Y.

    2015-12-01

    Full Text Available The article contains the experience of the development of the methodology and the computer program for calculation of regional and local systems of pigs hybridization at the example of the Rostov region (Russia. Crossing the GP lines for F1 should be organized in multiplier farm, which may be separate farms and to be part of large commercial farms. For the production of F1 in a multiplier farm, we must breed a purebred specialized paternal and a maternal line, selected on the effect of combining ability. For the successful functioning of the system of hybridization, it is necessary to build a genetic pyramid, including breeding and genetic centers (nucleus farm, multiplier farm, reproducing the baseline. The article gives a detailed calculation of sow population of levels of P, GP, GGP for maternal and paternal breeds of pigs. The program uses user-defined parameters of pigs productivity, of the simulated population, and the parameters characterizing the intensity of selection of young animals. To ensure annual production of 1,822 million pigs in the Rostov region it is necessary to provide the availability of brood stock in the amount of 89 thousand heads, 6 800 heads in the structure of grandparent flocks (GP, 730 heads in the structure of the Grand-Grand-parent stock (GGP, excluding sows second maternal and paternal breeds

  7. Breeding vegetatively propagated horticultural crops

    Directory of Open Access Journals (Sweden)

    Dilson Antônio Bisognin

    2011-01-01

    Full Text Available Horticulture is an important part of agriculture with many important crops being vegetatively propagated. Theobjectives of this work were to discuss some of the most important characteristics of vegetatively propagated crops and the breedingstrategies to develop and propagate new cultivars. Vegetative propagation enables to fix favorable combinations of important traits,very specific chemical compositions, superior genetic variance interactions and high levels of heterozygosity. Breeding new cultivarsinvolve few possibilities of genetic recombination by sexual reproduction and many generations of selection and vegetative propagation.Marker assisted selection should be useful for genotyping and selecting complementary parents for crossing and for identifyingsuperior genotypes at early stages of selection. The tissue culture technique enables to get disease free stock plants and to maximizeits multiplication rate, having an important role in yield and quality of these crops.

  8. Buffaloes breeding in Brasil

    OpenAIRE

    O. Bernardes

    2010-01-01

    Differently from what one could formerly imagine, that buffalo breeding activity would be solely directed to fill the so called cattle breeding gaps determined by inadequate environmental conditions for ordinary cattle breeding, it has been actually seen that in those areas where breeders could successfully organize industrial-agricultural chains, either on meat or milk and its related products production, there has been an expressive expansion .Buffalo breeding has shown to be an important a...

  9. stocks in accounting

    OpenAIRE

    Jakoubek, Tomáš

    2009-01-01

    This bachelor thesis deals with the issue of registration and valuation of stocks and comparing Czech accounts with International Accounting Standards. The first two chapters briefly characterize the different types of assets and stocks in terms of defining the Czech accounting legislation. In other parts of the work are described methods of stock and their comparison. The following chapter is devoted to the methodology for valuing stocks. The last two chapters focus on methods of valuation u...

  10. Animal breeding in organic dairy farming : an inventory of farmers' views and difficulties to overcome

    OpenAIRE

    Nauta, W.J.; Groen, A.F.; Veerkamp, R.F.; Roep, D.; Baars, T.

    2005-01-01

    Currently, most organic dairy farmers in the Netherlands use conventional breeding methods and production stock. In view of the organic objective of closed chains, organic dairy farmers discussed in workshops the desirability and practical merits of different possible scenarios for realizing breeding programmes that are more in line with organic farming principles. Generally, farmers concluded that there is a need for organic breeding practices to support the sector's credibility towards cons...

  11. Stock Market Project.

    Science.gov (United States)

    Distel, Brenda D.

    This project is designed to teach students the process of buying stocks and to tracking their investments over the course of a semester. The goals of the course are to teach students about the relationships between conditions in the economy and the stock market; to predict the effect of an economic event on a specific stock or industry; to relate…

  12. Stock splits on the Athens Stock exchange

    OpenAIRE

    Μάλαμα, Στυλιανή

    2007-01-01

    This study is based on a sample of stock splits initiated by Greek firms between January 1st 1999 and April 30th 2006. We investigate the price reaction to Greek stock splits by applying the “market model methodology” as described in Brown and Warner (1985). Moreover, a cross- sectional analysis is presented so as to identify the factors that can explain any abnormal stock returns around split announcement. The rest of this study is organized as follows. Section 2 describes the...

  13. Market Structure and Stock Splits

    OpenAIRE

    David Michayluk; Paul Kofman

    2001-01-01

    Enhanced liquidity is one possible motivation for stock splits but empirical research frequently documents declines in liquidity following stock splits. Despite almost thirty years of inquiry, little is known about all the changes in a stock's trading activity following a stock split. We examine how liquidity measures change around more than 2,500 stock splits and find a pervasive decline in most measures. Large stock splits exhibit a more severe liquidity decline than small stock splits, esp...

  14. Genomic dairy cattle breeding

    DEFF Research Database (Denmark)

    Mark, Thomas; Sandøe, Peter

    2010-01-01

    The aim of this paper is to discuss the potential consequences of modern dairy cattle breeding for the welfare of dairy cows. The paper focuses on so-called genomic selection, which deploys thousands of genetic markers to estimate breeding values. The discussion should help to structure the...... thoughts of breeders and other stakeholders on how to best make use of genomic breeding in the future. Intensive breeding has played a major role in securing dramatic increases in milk yield since the Second World War. Until recently, the main focus in dairy cattle breeding was on production traits, but......, unfavourable genetic trends for metabolic, reproductive, claw and leg diseases indicate that these attempts have been insufficient. Today, novel genome-wide sequencing techniques are revolutionising dairy cattle breeding; these enable genetic changes to occur at least twice as rapidly as previously. While...

  15. Stock Splits, A Survey

    OpenAIRE

    Yildizhan, Celim

    2006-01-01

    In this survey paper I summarize the literature's findings on the short-run and long-run effects of stock split announcements as well as what happens in the preceding and subsequent years around a stock split event. I also summarize how firm characteristics influence these results. Furthermore, I discuss the various theories regarding why splits occur and why stock return distributions change subsequent to split events. I specifically focus on the changes in the first and second moments of st...

  16. Biotechnology and apple breeding in Japan.

    Science.gov (United States)

    Igarashi, Megumi; Hatsuyama, Yoshimichi; Harada, Takeo; Fukasawa-Akada, Tomoko

    2016-01-01

    Apple is a fruit crop of significant economic importance, and breeders world wide continue to develop novel cultivars with improved characteristics. The lengthy juvenile period and the large field space required to grow apple populations have imposed major limitations on breeding. Various molecular biological techniques have been employed to make apple breeding easier. Transgenic technology has facilitated the development of apples with resistance to fungal or bacterial diseases, improved fruit quality, or root stocks with better rooting or dwarfing ability. DNA markers for disease resistance (scab, powdery mildew, fire-blight, Alternaria blotch) and fruit skin color have also been developed, and marker-assisted selection (MAS) has been employed in breeding programs. In the last decade, genomic sequences and chromosome maps of various cultivars have become available, allowing the development of large SNP arrays, enabling efficient QTL mapping and genomic selection (GS). In recent years, new technologies for genetic improvement, such as trans-grafting, virus vectors, and genome-editing, have emerged. Using these techniques, no foreign genes are present in the final product, and some of them show considerable promise for application to apple breeding. PMID:27069388

  17. Tritium breeding in fusion reactors

    Energy Technology Data Exchange (ETDEWEB)

    Abdou, M.A.

    1982-10-01

    Key technological problems that influence tritium breeding in fusion blankets are reviewed. The breeding potential of candidate materials is evaluated and compared to the tritium breeding requirements. The sensitivity of tritium breeding to design and nuclear data parameters is reviewed. A framework for an integrated approach to improve tritium breeding prediction is discussed with emphasis on nuclear data requirements.

  18. Tritium breeding materials

    International Nuclear Information System (INIS)

    Tritium breeding materials are essential to the operation of D-T fusion facilities. Both of the present options - solid ceramic breeding materials and liquid metal materials are reviewed with emphasis not only on their attractive features but also on critical materials issues which must be resolved

  19. Blackberry breeding and genetics

    Science.gov (United States)

    Blackberry (Rubus L. subgenus Rubus Watson) improvement has made substantial progress with over 400 cultivars named originating from wild selections to many releases from breeding efforts. Public breeding has been ongoing for over 100 years. The result of these improvements is commercial production ...

  20. The Differences Between Stock Splits and Stock Dividends

    OpenAIRE

    Bechmann, Ken L.; Raaballe, Johannes

    2004-01-01

    Abstract It is often asserted that stock splits and stock dividends are purely cosmetic events. However, many studies have documented several stock market effects associated with stock splits and stock dividends. This paper examines the effects of these two types of events for the Danish stock market. Consistent with the existing literature, the two events are associated with a significantly positive announcement effect of ap- proximately 2.5%. However, when examining the tw...

  1. The Differences Between Stock Splits and Stock Dividends

    OpenAIRE

    Bechmann, Ken L.; Raaballe, Johannes

    2004-01-01

    It is often asserted that stock splits and stock dividends are purely cosmetic events. However, many studies have documented several stock market effects associated with stock splits and stock dividends. This paper examines the effects of these two types of events for the Danish stock market. Consistent with the existing literature, the two events are associated with a significantly positive announcement effect of ap-proximately 2.5%. However, when examining the two events more carefully, sev...

  2. Buffaloes breeding in Brasil

    Directory of Open Access Journals (Sweden)

    O. Bernardes

    2010-02-01

    Full Text Available Differently from what one could formerly imagine, that buffalo breeding activity would be solely directed to fill the so called cattle breeding gaps determined by inadequate environmental conditions for ordinary cattle breeding, it has been actually seen that in those areas where breeders could successfully organize industrial-agricultural chains, either on meat or milk and its related products production, there has been an expressive expansion .Buffalo breeding has shown to be an important alternative not only in farms of higher technological level as also , and mainly, on small farms where it has become a key factor for increasing the average income, besides keeping labor force in country areas. This article intends to point out and examine some aspects of buffalo breeding and its potentialities in Brazil.

  3. Breeding without Mendelism: theory and practice of dairy cattle breeding in the Netherlands 1900-1950.

    Science.gov (United States)

    Theunissen, Bert

    2008-01-01

    In the 1940s and 1950s, Dutch scientists became increasingly critical of the practices of commercial dairy cattle breeders. Milk yields had hardly increased for decades, and the scientists believed this to be due to the fact that breeders still judged the hereditary potential of their animals on the basis of outward characteristics. An objective verdict on the qualities of breeding stock could only be obtained by progeny testing, the scientists contended: the best animals were those that produced the most productive offspring. Some scientists had been making this claim since the beginning of the twentieth century. Why was it that their advice was apparently not heeded by breeders for so long? And what were the methods and beliefs that guided their practices? In this paper I intend to answer these questions by analysing the practical realities of dairy farming and stock breeding in The Netherlands between 1900 and 1950. Breeders continued to employ traditional breeding methods that had proven their effectiveness since the late eighteenth century. Their methods consisted in inbreeding--breeding in 'bloodlines,' as they called it--and selection on the basis of pedigree, conformation and milk recording data. Their aims were 'purity' and 'uniformity' of type. Progeny testing was not practiced due to practical difficulties. Before World War II, scientists acknowledged that genetic theory was of little practical use to breeders of livestock. Still, hereditary theory was considered to be helpful to assess the value of the breeders' methods. For instance, striving for purity was deemed to be consistent with Mendelian theory. Yet the term purity had different connotations for scientists and practical workers. For the former, it referred to homozygosity; for the latter, it rather buttressed the constancy of a distinct commercial 'brand.' Until the 1940s, practical breeders and most scientists were agreed that selecting animals purely for production was ill-advised. Cows of

  4. New Future for Stock Trading

    Institute of Scientific and Technical Information of China (English)

    2010-01-01

    Securities regulators formulated the risk-control mechanism prior to launch of stock index futures in China For three years Wang Liangguang, an experienced stock investor, waited patiently for the trading of stock index futures. And now, that day has

  5. Stocks Go Up

    Institute of Scientific and Technical Information of China (English)

    2006-01-01

    China's stock market comes alive with the resumption of new share issues Securities investors have reacted calmly after the industry regulator announced the resumption of initial public offerings (IPOs) on the Chinese stock market following a yearlong suspension, a move previously believed to hit the market by causing a drain in liquidity from the secondary to the primary market. According to the China Securities

  6. A Stock Market Project.

    Science.gov (United States)

    Anderson, Christine; Cook, Stan

    1990-01-01

    Offers a field-tested stock market unit designed to develop mathematical skills involving fractions and decimals, basic understanding of the stock market, and hypothesis testing skills in real world situations. Includes tables displaying questions, tally sheets, and instructions, as well as a list of related activities. (MDH)

  7. A multidisciplinary study of Jan Hendrik Stock (with the description of one new genus and four new species)

    OpenAIRE

    Weinberg, Steven; Zijl, van, S.

    1990-01-01

    On the 22nd of October 1990, Prof.Dr. Jan Hendrik Stock will retire officially from the professorship of Special Zoology at the Institute of Taxonomic Zoology at the University of Amsterdam. Prof. Stock being a very rare sample of the already exotic breed of animal taxonomists, the authors decided to try to give a full description of the material available.

  8. Mutation breeding in Japan

    International Nuclear Information System (INIS)

    The achievements made in mutation breeding in Japan over the past 40 years are outlined from the viewpoint of practical breeding. Fifty-four varieties of 23 crops were obtained by direct use of induced mutants. These include 12 cereal mutant varieties, five food legumes, nine industrial crops, seven vegetables and 18 ornamentals. Ten varieties were obtained by national breeding institutes, 14 by prefectural stations and 30 by universities or private firms. The varieties produced by the national breeding programme were registered and released with Norin numbers. In most cases, ionizing radiation was used. Forty additional mutant varieties were developed through cross-breeding using induced mutants as the gene sources. Of the 33 rice varieties in this category, 21, including six national varieties, resulted from crosses involving Reimei, a semi-dwarf mutant variety. Another semi-dwarf mutant parent was used to breed two more national varieties. Three early heading mutants were also integrated into cross-breeding programmes and produced three national and two prefectural varieties. A large grain mutant produced three varieties for sake brewing. A new recessive resistant mutant allele to the soil borne virus (BaYMV) was induced in barley. One variety was bred using this mutant as a parent. Another promising disease resistant clone was induced by chronic irradiation in a gamma field in the leading Japanese pear variety Nijisseiki, which is susceptible to black spot disease caused by Alternaria alternata (Fr.) Keissler. This mutant clone maintained all the superior qualities of the original variety. The significant role of the Institute of Radiation Breeding as a core in mutation breeding is mentioned briefly. (author). 10 refs, 2 figs, 6 tabs

  9. Stock Implied Volatility, Stock Turnover, and the Stock-Bond Return Relation

    OpenAIRE

    Stivers, Chris; Sun, Licheng

    2002-01-01

    The authors examine how the co-movement between daily stock and Treasury bond returns varies with stock market uncertainty. They use the lagged implied volatility from equity index options to provide an objective, observable, and dynamic measure of stock market uncertainty. The authors find that stock and bond returns tend to move substantially together during periods of lower stock market uncertainty. However, stock and bond returns tend to exhibit little relation or even a negative relation...

  10. The Stock Market

    OpenAIRE

    Deca Claudiu

    2011-01-01

    The foundation and the establishment of the stock market express the emergence of the exchange relationships, and of the market as a defining structure of modern economy. The well-known French historian Fernand Brandel states that “the stock market is the last floor of a market, but that of a market which never ends”, of a market which includes and dominates the entire economic reality. Once with the acknowledgement of the stock market, the exchange relationships have reached the complete exp...

  11. Replenishing Stock Under Uncertainty

    OpenAIRE

    Xekalaki, Evdokia; Panaretos, John

    1995-01-01

    A stock replenishing model is considered whereby not only the demand for the item, but also the stock in hand and the lead time period are considered to be random variables. The interrelations of these three item characteristics are then studied in the framework of a scheme for deciding when to place an order for additional material. The effect of a Pareto/Yule type distributed demand in determining the stock level at which to reorder is then examined and the results are subsequently looked u...

  12. Garlic breeding system innovations

    NARCIS (Netherlands)

    Zheng, S.J.; Kamenetsky, R.; Féréol, L.; Barandiaran, X.; Rabinowitch, H.D.; Chovelon, V.; Kik, C.

    2007-01-01

    This review outlines innovative methods for garlic breeding improvement and discusses the techniques used to increase variation like mutagenesis and in vitro techniques, as well as the current developments in florogenesis, sexual hybridization, genetic transformation and mass propagation. Sexual ste

  13. Birds - Breeding [ds60

    Data.gov (United States)

    California Department of Resources — This data set provides access to information gathered on annual breeding bird surveys in California using a map layer developed by the Department. This data layer...

  14. Breeding for disease resistance

    OpenAIRE

    Pinard-van der Laan, Marie-Helene

    2013-01-01

    In the context of intensification and specialization of poultry production, next to welfare regulation on animal breeding, animal health issues are of increasing importance to the breeding sector because of the huge related production losses. But animal health and welfare issues are also of importance to the consumers because of potential effects on their own health and their lifestyle choices. Most effective disease control strategies should be developed in an integrated animal health manage...

  15. PRINCIPLES OF ANIMAL BREEDING

    OpenAIRE

    Sonja Jovanovac

    2014-01-01

    University textbook Principles of Animal Breeding is intended for students of agriculture and veterinary medicine. The material is the adapted curricula of undergraduate and graduate level studies in the framework of which the modules Principles of animal breeding as well as Basics of genetics and selection of animals attended are listened. The textbook contains 14 chapters and a glossary of terms. Its concept enables combining fundamental and modern knowledge in the ...

  16. Welfare in horse breeding

    OpenAIRE

    Campbell, M L H; Sandøe, Peter

    2015-01-01

    Welfare problems related to the way horses are bred, whether by coitus or by the application of artificial reproduction techniques (ARTs), have been given no discrete consideration within the academic literature. This paper reviews the existing knowledge base about welfare issues in horse breeding and identifies areas in which data is lacking. We suggest that all methods of horse breeding are associated with potential welfare problems, but also that the judicious use of ARTs can sometimes hel...

  17. Breeding programme and infrastructure

    OpenAIRE

    Zonabend König, Emelie

    2016-01-01

    The aim of this thesis was to study potential breeding strategies for indigenous livestock in Eastern and Southern Africa under low input production systems. The thesis covered a study of the status of supportive infrastructure for use of animal genetic resources. The case of Red Maasai sheep was studied as a model for design of strategies for improvement of an indigenous breed under threat. Studies [I-II] were performed through participatory approaches by use of structured interviews, while ...

  18. Jute breeding in Bangladesh

    International Nuclear Information System (INIS)

    The evolution, domestication, variability and adaptation of fibre jutes in Bangladesh are described. Domestication of fibre jutes, in evolutionary terms, is recent and the spectrum of variability within them is narrow. Yield improvement by breeding has been minimal and the reasons for this are suggested. Recent germplasm collecting expeditions to the eastern hill tracts of Bangladesh have revealed wide-spectrum diversity among the vegetable jutes grown there. Variability among the vegetable types can be utilized to improve the fibre types and to this end various hybridization schemes have now been initiated by the Bangladesh Jute Research Institute. The initial breeding priority is yield per se but ideotype characteristics have been delineated. The objectives of the breeding programme are likely to become more specific as the agronomic worth of these characteristics becomes more clearly defined. The rationale for mutation breeding in jute has been the narrow-spectrum diversity within the fibre types; the wide-spectrum diversity among the hill tract vegetable jutes should, however, be exploited in imaginative hybridization programmes before resorting to large-scale mutation breeding programmes. Mutation breeding may, however, be a valuable tool for inducing changes in fibre quality characteristics when technologists identify new uses for jute and specify their requirements. At present, however, quality is assessed subjectively. (author)

  19. Individual Investors’ Stock Trading Behavior at Amman Stock Exchange

    OpenAIRE

    Abdel-Raheem F. Fares; Faisal G. Khamis

    2011-01-01

    Many studies investigated the factors that affect investments in stock trading in developed and developing countries, but the investors' characteristics are still not well documented. The Amman Stock Exchange being a small exchange does not use stock trading programs that require advanced mathematical models. Most stock trading is executed the traditional face-to-face way. Therefore, stock trading depends on individual traders’ judgments. Investors’ trading behavior is influenced by several b...

  20. Idiosyncratic volatility, stock market volatility, and expected stock returns

    OpenAIRE

    Hui Guo; Robert Savickas

    2005-01-01

    We find that the value-weighted idiosyncratic stock volatility and aggregate stock market volatility jointly exhibit strong predictive power for excess stock market returns. The stock market risk-return relation is found to be positive, as stipulated by the CAPM; however, idiosyncratic volatility is negatively related to future stock market returns. Also, idiosyncratic volatility appears to be a pervasive macrovariable, and its forecasting abilities are very similar to those of the consumptio...

  1. New Future for Stock Trading

    Institute of Scientific and Technical Information of China (English)

    LAN XINZHEN

    2010-01-01

    @@ For three years Wang Liangguang,an cxperienced stock investor,waited patiently for the trading of stock index futures.And now,that day has arrived-stock index futures will soon be launched on Chinese financial market.The China Securities Regulatory Commission (CSRC) may officially launch stock index futures as soon as May.

  2. Detection of Breeding Blankets Using Antineutrinos

    Science.gov (United States)

    Cogswell, Bernadette; Huber, Patrick

    2016-03-01

    The Plutonium Management and Disposition Agreement between the United States and Russia makes arrangements for the disposal of 34 metric tons of excess weapon-grade plutonium. Under this agreement Russia plans to dispose of its excess stocks by processing the plutonium into fuel for fast breeder reactors. To meet the disposition requirements this fuel would be burned while the fast reactors are run as burners, i.e., without a natural uranium blanket that can be used to breed plutonium surrounding the core. This talk discusses the potential application of antineutrino monitoring to the verification of the presence or absence of a breeding blanket. It is found that a 36 kg antineutrino detector, exploiting coherent elastic neutrino-nucleus scattering and made of silicon, could determine the presence of a breeding blanket at a liquid sodium cooled fast reactor at the 95% confidence level within 90 days. Such a detector would be a novel non-intrusive verification tool and could present a first application of coherent elastic neutrino-nucleus scattering to a real-world challenge.

  3. Vietnam stock market liberalisation's effect

    OpenAIRE

    Khuc, Minh Hieu

    2008-01-01

    This dissertation examine the effect of stock market liberalisation upon the Vietnam economy and shows the changes during liberalisation period. The stock return and stock return volatility were tested using a generalized autoregressive conditional heteroskedasticity model. The stock return was found to be increased after market was liberalised. The stock return volatility, however show no sign of increasing. The effect upon economic growth, inflation and private investment growth was also d...

  4. Evaluating the roles of directed breeding and gene flow in animal domestication

    OpenAIRE

    Marshall, Fiona B.; Dobney, Keith; Denham, Tim; Capriles, José M.

    2014-01-01

    For the last 150 y scholars have focused upon the roles of intentional breeding and genetic isolation as fundamental to understanding the process of animal domestication. This analysis of ethnoarchaeological, archaeological, and genetic data suggests that long-term gene flow between wild and domestic stocks was much more common than previously assumed, and that selective breeding of females was largely absent during the early phases of animal domestication. These findings challenge assumption...

  5. EFFECTS OF STOCK SPLIT ON STOCK LIQUIDITY AND STOCK PRICE OPTIMALITY OF COMPANIES QUOTED AT NAIROBI STOCK EXCHANGE

    Directory of Open Access Journals (Sweden)

    MR. SIMON KAMAU GATEI

    2012-11-01

    Full Text Available A number of researchers have found a stock split is normally followed by either positive abnormal returns or increased stock liquidity or both. However other researchers such as Murray (1985 and Bley (2002 found results that are contrary to this. The objective of this paper was to assess the consequence of stock splits on stock liquidity of Kenyan firms quoted at the NSE.The research was a causal study with a trend analytical design aimed at determining the relationship between the stock liquidity positions as a result of the stock split event. The population consisted of all companies quoted in the NSE that had undertaken a stock split between the years of 2005 and 2011. The data used was secondary data on daily volumes of stock traded and daily closing stock prices that was retrieved from the NSE website. The model used for data analysis was the Amivest liquidity ratio which was developed by cooper Groth and Avera (1985. This model measured the shillings volume traded for each 1% change in stock price. The data analysis package used was Excel spread sheet.The results from the study found out that generally the liquidity of stock, as measured by the Amivest liquidity ratio, is relatively higher in the days before the stock split than in the days after the stock split. It was also observed that liquidity tends to be lowest in the days around the stock split. Generally the aggregate liquidity position in the month before the stock split was found to be higher than in the month after the stock split.It was also observed that after the stock split, stock price showed optimality by trading at a relatively constant stock price in almost all the companies.

  6. Precision animal breeding

    OpenAIRE

    Flint, A.P.F.; WOOLLIAMS, J. A.

    2007-01-01

    We accept that we are responsible for the quality of life of animals in our care. We accept that the activities of man affect all the living things with which we share this planet. But we are slow to realize that as a result we have a duty of care for all living things. That duty extends to the breeding of animals for which we are responsible. When animals are bred by man for a purpose, the aim should be to meet certain goals: to improve the precision with which breeding outcomes can be predi...

  7. Welfare in horse breeding

    DEFF Research Database (Denmark)

    Campbell, M.L.H.; Sandøe, Peter

    2015-01-01

    Welfare problems related to the way horses are bred, whether by coitus or by the application of artificial reproduction techniques (ARTs), have been given no discrete consideration within the academic literature. This paper reviews the existing knowledge base about welfare issues in horse breeding...... and identifies areas in which data is lacking. We suggest that all methods of horse breeding are associated with potential welfare problems, but also that the judicious use of ARTs can sometimes help to address those problems. We discuss how negative welfare effects could be identified and limited and...

  8. STOCK SPLITS AND ADVERSE SELECTION

    OpenAIRE

    Sara Soltanizadeh; Abhishek Rokade

    2015-01-01

    What impact can the market expect from a stock split announcement? This paper delves into the effect of stock split announcements on the immediate excess return over the market for stocks in the US market by considering stock splits over a span of 35 years from 1980 to 2014 across different industries.   We find that the average market reaction to stock splits announcement is 1.5%. We also find that excess return over the market after stock split announcement is negatively correlat...

  9. Enhanced resistance of Portunus trituberculatus to Vibrio alginolyticus by selective breeding

    Science.gov (United States)

    Mu, Changkao; Liu, Shuai; Song, Weiwei; Li, Ronghua; Wang, Chunlin

    2012-07-01

    We established a line (screened) of Portunus trituberculatus by selectively breeding individuals that survived from challenge with Vibrio alginolyticus, and compared the response of screened and unscreened (control) P. trituberculatus challenged with V. alginolyticus. We measured superoxide dismutase, catalase, acid phosphatase, alkaline phosphatase, and peroxidase activity and the content of hemocyanin in the plasma and phenoloxidase activity in serum. The cumulative survival rate after 24-h challenge with V. alginolyticus was significantly higher in the screened crabs than in the unscreened crabs ( P <0.05). T-SOD and PO activity were significantly lower in the screened stock than in the unscreened stock ( P <0.05). POD, CAT, and ACP activity and hemocyanin content were significantly higher in the screened stock than in the unscreened stock. Our results suggest that the screened stock was more resistant to infection. Furthermore, the indices we measured may be used to evaluate the health state of P. trituberculatus.

  10. On Stock Right

    Institute of Scientific and Technical Information of China (English)

    潘雯

    2008-01-01

    The Company Law of 1993 is important in protecting the interests of both companies and shareholders. But on stock right, it always arouses heated debate among scholars. Before the promulgation of New Company Law of 2006, varieties of theories of this issue have been formed. Through analyzing and refuting those theories, I try to clear the ambiguous definition by explaining the essence of right and comparing related right, so as to reach the conclusion that the stock right is only the changeable form of the ownership of shareholders.

  11. Stocks, Junk and Pharmaceuticals

    Institute of Scientific and Technical Information of China (English)

    何伟文

    2004-01-01

    Stock analysts in the West have recently been taking a close look at markets in the East. Among their favourites were Chinese stock funds, even though the bourses in Shanghai and Shenzhen tumbled to historic lows. But of course it is the long-term promise that counts and given the rather sombre and gloomy economic mood in Europe, this most probably will make sense for the near and, hopefully, more distant future. Nevertheless, qualified foreign institutional investors should take precautions and in our Focus (pp.20) section we pose the question of how these investors should adjust their portfolios.

  12. Forecasting Stock Price in Tehran's Stock Market Using Evolutionary Strategies

    OpenAIRE

    Farshid Sabri; Abolfazl Mogadam

    2014-01-01

    This study aimed to forecast stock prices and daily stock returns of food products manufacturers, accepted in Tehran Stock Exchange, Using evolutionary strategies. The study was divided into two models. First, the time series of 14 variables related to price prediction, for a period of 5 years (2009 till 2013), was extracted to predict stock price. Then, the price for 19 statistical companies was calculated using evolutionary strategy and back propagation algorithm (Algorithm LM). In the used...

  13. The announcement effects of stock splits on stock prices

    OpenAIRE

    Κτιστάκη, Δέσποινα

    2001-01-01

    Listed firms often decide to split their stock, in which case they increase the number of shares outstanding by distributing more shares as dividends and adjusting respectively the nominal price of the stock, leaving however the total capital unaffected. In theory a stock split is merely an accounting change, which leaves investors no better or worse off than they were before the split. Yet stock splits are a relatively common corporate event. This implies that there must be some benefit eith...

  14. Mutation breeding in mangosteen

    International Nuclear Information System (INIS)

    Mangosteen the queen of the tropical fruits is apomitic and only a cultivar is reported and it reproduces asexually. Conventional breeding is not possible and the other methods to create variabilities are through genetic engineering and mutation breeding. The former technique is still in the infantry stage in mangosteen research while the latter has been an established tool in breeding to improve cultivars. In this mutation breeding seeds of mangosteen were irradiated using gamma rays and the LD 50 for mangosteen was determined and noted to be very low at 10 Gy. After sowing in the seedbed, the seedlings were transplanted in polybags and observed in the nursery bed for about one year before planted in the field under old oil palm trees in Station MARDI, Kluang. After evaluation and screening, about 120 mutant mangosteen plants were selected and planted in Kluang. The plants were observed and some growth data taken. There were some mutant plants that have good growth vigour and more vigorous that the control plants. The trial are now in the fourth year and the plants are still in the juvenile stage. (Author)

  15. Mutation breeding newsletter. No. 45

    International Nuclear Information System (INIS)

    This issue of the Mutation Breeding newsletter contains 39 articles dealing with radiation induced mutations and chemical mutagenesis techniques in plant breeding programs with the aims of improving crop productivity and disease resistance as well as exploring genetic variabilities

  16. Stock Assessment Supplementary Information (SASINF)

    Data.gov (United States)

    National Oceanic and Atmospheric Administration, Department of Commerce — In the interest of efficiency, clarity and standardization of stock assessment materials, the stock assessment reports for the 2015 Groundfish update have been...

  17. Stock Issues in Aristotle's Rhetoric

    Science.gov (United States)

    Harpine, Bill

    1977-01-01

    Defines "stock issue" by the manner in which they function in Aristotle's theory, reviews examples of modern theories of stock issues, examines previous investigations of the "Rhetoric," and analyzes Aristotle's approach to this aspect of argumentation. (MH)

  18. Pension investments in employer stock

    OpenAIRE

    Even, William E.; David A. MacPherson

    2006-01-01

    This study examines the consequences of a pension fund investing in the stock of the sponsoring firm. Using a merger of data on pension asset holdings from IRS Form 5500 filings and financial data on the company's stock from CRSP, two broad questions are addressed: First, what factors influence the extent of a pension fund's investments in the employer's stock? Second, when a pension invests in the employer's stock, how much is lost as a result of poor diversification? The empirical results s...

  19. Inventory and the Stock Market

    OpenAIRE

    Lai, Richard

    2006-01-01

    How does the stock market affect inventory decisions? The efficient markets view is that low stock price means poor fundamentals, a higher cost of capital, and lower inventory. Normatively, firms should obtain their cost of capital from an efficient markets model of stock prices. My study is motivated by the growing body of evidence that the stock market is not efficient and can temporarily mis-value firms. I report evidence that the market's behavioral component explains firms' inventory as ...

  20. Robust Global Stock Market Interdependencies

    OpenAIRE

    Brian M. Lucey; Cal Muckley

    2011-01-01

    In this paper, we examine the scope for international stock portfolio diversification, from the viewpoint of a United States representative investor, in regard to both the Asian and theEuropean stock markets. Our findings indicate that despite correlation style evidence to thecontrary, the European stock markets provide a superior long-term diversification opportunity relative to that provided by the Asian stock markets. Hence, a short-term measurement of interdependence appears to be uninfor...

  1. Rice breeding problems in Korea

    International Nuclear Information System (INIS)

    This paper deals with general rice production in Korea and the problems encountered. The history of rice growing and breeding in Korea is outlined and a description of recent advances in rice breeding is given, including a discussion of some uses of radiation treatments in the breeding programme during the last few years. (author). 2 figs, 3 tabs

  2. Stock Market Savvy.

    Science.gov (United States)

    Okula, Susan

    2003-01-01

    This issue of Keying In, the newsletter of the National Business Education Association, focuses upon teaching young adults how to develop both investment strategies and an understanding of the stock market. The first article, "Sound Investing Know-How: A Must for Today's Young Adults," describes how young adults can plan for their own financial…

  3. Animal breeding in organic dairy farming : an inventory of farmers' views and difficulties to overcome

    NARCIS (Netherlands)

    Nauta, W.J.; Groen, A.F.; Veerkamp, R.F.; Roep, D.; Baars, T.

    2005-01-01

    Currently, most organic dairy farmers in the Netherlands use conventional breeding methods and production stock. In view of the organic objective of closed chains, organic dairy farmers discussed in workshops the desirability and practical merits of different possible scenarios for realizing breedin

  4. Applying SNP marker technology in the cacao breeding program at the Cocoa Research Institute of Ghana

    Science.gov (United States)

    In this investigation 45 parental cacao plants and five progeny derived from the parental stock studied were genotyped using six SNP markers to determine off-types or mislabeled clones and to authenticate crosses made in the Cocoa Research Institute of Ghana (CRIG) breeding program. Investigation wa...

  5. Stocking Rates for Horse Pastures

    Science.gov (United States)

    Decision on which stocking rate to graze a horse pasture is critical, particularly if the forage is expected to meet the nutrient needs of the horses. Challenges and management for targeting the optimum stocking rate, defined as the stocking rate that allows forage consumption to approximately equ...

  6. Comparable stocks, boundedly rational stock markets and IPO entry rates.

    Directory of Open Access Journals (Sweden)

    Jay Chok

    Full Text Available In this study, we examine how initial public offerings (IPO entry rates are affected when stock markets are boundedly rational and IPO firms infer information from their counterparts in the market. We hypothesize a curvilinear relationship between the number of comparable stocks and initial public offerings (IPO entry rates into the NASDAQ Stock Exchange. Furthermore, we argue that trading volume and changes in stock returns partially mediates the relationship between the number of comparable stocks and IPO entry rates. The statistical evidence provides strong support for the hypotheses.

  7. Brown trout ( Salmo trutta ) stocking impact assessment using microsatellite DNA markers

    DEFF Research Database (Denmark)

    Hansen, Michael Møller; Ruzzante, D.E.; Eg Nielsen, Einar;

    2001-01-01

    , and for monitoring the genetic impact of stocking activity on wild populations of salmonid fishes. Brown trout from ten hatchery strains, one supportive breeding "strain," and five wild populations were screened for variation at eight loci. In most hatchery strains, genetic variation was comparable to...

  8. Mutation breeding in peas

    International Nuclear Information System (INIS)

    The pea as an ancient crop plant still today has wide uses and is an import source of food protein. It is also an important object for genetic studies and as such has been widely used in mutation induction experiments. However, in comparison with cereals this ancient crop plant (like several other grain legumes) has gained relatively little from advances in breeding. The review focuses on the prospects of genetic improvement of pea by induced mutations, discusses principles and gives methodological information. (author)

  9. EFFECTS OF STOCK SPLIT ON STOCK LIQUIDITY AND STOCK PRICE OPTIMALITY OF COMPANIES QUOTED AT NAIROBI STOCK EXCHANGE

    OpenAIRE

    MR. SIMON KAMAU GATEI; DR. WYCLIFFE NYARIBO MISUKO

    2012-01-01

    A number of researchers have found a stock split is normally followed by either positive abnormal returns or increased stock liquidity or both. However other researchers such as Murray (1985) and Bley (2002) found results that are contrary to this. The objective of this paper was to assess the consequence of stock splits on stock liquidity of Kenyan firms quoted at the NSE.The research was a causal study with a trend analytical design aimed at determining the relationship between the stock li...

  10. An Overview of Ten Italian Horse Breeds through Mitochondrial DNA

    Science.gov (United States)

    Capodiferro, Marco Rosario; Capomaccio, Stefano; Buttazzoni, Luca; Biggio, Giovanni Paolo; Cherchi, Raffaele; Albertini, Emidio; Olivieri, Anna; Cappelli, Katia; Achilli, Alessandro; Silvestrelli, Maurizio

    2016-01-01

    Background The climatic and cultural diversity of the Italian Peninsula triggered, over time, the development of a great variety of horse breeds, whose origin and history are still unclear. To clarify this issue, analyses on phenotypic traits and genealogical data were recently coupled with molecular screening. Methodology To provide a comprehensive overview of the horse genetic variability in Italy, we produced and phylogenetically analyzed 407 mitochondrial DNA (mtDNA) control-region sequences from ten of the most important Italian riding horse and pony breeds: Bardigiano, Esperia, Giara, Lipizzan, Maremmano, Monterufolino, Murgese, Sarcidano, Sardinian Anglo-Arab, and Tolfetano. A collection of 36 Arabian horses was also evaluated to assess the genetic consequences of their common use for the improvement of some local breeds. Conclusions In Italian horses, all previously described domestic mtDNA haplogroups were detected as well as a high haplotype diversity. These findings indicate that the ancestral local mares harbored an extensive genetic diversity. Moreover, the limited haplotype sharing (11%) with the Arabian horse reveals that its impact on the autochthonous mitochondrial gene pools during the final establishment of pure breeds was marginal, if any. The only significant signs of genetic structure and differentiation were detected in the geographically most isolated contexts (i.e. Monterufolino and Sardinian breeds). Such a geographic effect was also confirmed in a wider breed setting, where the Italian pool stands in an intermediate position together with most of the other Mediterranean stocks. However, some notable exceptions and peculiar genetic proximities lend genetic support to historical theories about the origin of specific Italian breeds. PMID:27054850

  11. Outlook '98 - Stock markets

    International Nuclear Information System (INIS)

    In view of the recent drop of some 20 per cent in energy stock prices, and the decline in the value of the Canadian dollar, forecasting oilpatch financing in 1998 is a risky undertaking. Based on a variety of relevant factors, it is expected that there will be a slowdown in oil and gas financing deals in the short term. On the other hand, longer term outlook is bullish, based on the huge capital requirements over the next few years for conventional projects, heavy oil, oilsands and pipelines projects. Corporate mergers and acquisitions will continue at about the same rate as in 1997, as companies attempt to achieve ''economies of scale'' and growth in the most economically sensible manner. Adding production and reserves through corporate transactions at the current lower stock prices will be a powerful incentive. Creative deal structuring will become more prevalent. Corporate reorganizations into separate companies in search of value maximization will increase

  12. Gold, Oil, and Stocks

    OpenAIRE

    Baruník, Jozef; Kočenda, Evžen; Vácha, Lukáš

    2014-01-01

    We employ a wavelet approach and conduct a time-frequency analysis of dynamic correlations between pairs of key traded assets (gold, oil, and stocks) covering the period from 1987 to 2012. The analysis is performed on both intra-day and daily data. We show that heterogeneity in correlations across a number of investment horizons between pairs of assets is a dominant feature during times of economic downturn and financial turbulence for all three pairs of the assets under research. Heterogenei...

  13. A study on the effect of stock liquidity and stock liquidity risk on information asymmetry: Evidence from Tehran Stock Exchange

    OpenAIRE

    Mohammad Hassani; Najme Harati Nik

    2014-01-01

    This study investigates the effect of stock liquidity and stock liquidity risk on information asymmetry in Tehran Stock Exchange (TSE) listed companies. In this study, the bid-ask spread is considered as the criterion of information asymmetry. In addition, stock trade volume and the number of stock trades are considered as the criteria of stock liquidity. Some variables such as size, stock price, beta and growth are also considered as control variables. To test the hypotheses of the survey, 2...

  14. West African cattle breeds characterizations: Review of CIRDES genetic works

    International Nuclear Information System (INIS)

    Swiss; and five exotic crossbreds (Holstein x Goudali, Montbeliarde x Goudali, Holstein x Azawak, Brown Swiss x Azawak and Brown Swiss x Zebu peuhl soudanien). From this initial investigation, a map of cattle distribution in each country has been realized. The areas of heavy concentration of stock and the most important breeds have been described. In addition to that, it has been revealed that Benin Pabli breed has disappeared, that Lagoon cattle and Kouri breed are threatened with extinction, that the group Somba-Baoule is subjected to an absorption by Borgou and zebu breeds. The taurine cattle proportion is decreasing, compared with the total number of cattle. But the size of Borgou population and zebu breeds is increasing considerably in the zones where trypanosomosis risk is high. On the other hand, the analysis of genome markers polymorphism has permitted to identify specific alleles for cattle characterization and to identify the genetic reasons of some trypanotolerant cattle declining. So, some alleles were found to be significantly (p<0.01) correlated to breeds (107 bp of HEL1 locus and 191 bp of ETH151 locus to zebu; 197 bp of ETH152 locus to Lagoon and 139 bp of locus ETH225 to Somba). These allele frequencies in the Borgou population were roughly intermediate between those in zebu and taurine breeds. The results of statistical analysis have permitted to define the rate of zebu gene crossing in trypanotolerant cattle (21.5% in Somba cattle and 1.2% in Lagoon cattle); and to determine the degree of zebu gene introgression in Somba cattle (1.5% and 21.5% according to blood groups aspect and to hemoglobin and albumin combination). Y chromosome morphology has been found to be accrocentric in zebu cattle but submetacentric or metacentric in taurine cattle. Robertson's translocation has been observed and its prevalence has been calculated in Lagoon cattle (0.0%), in Somba cattle (10.4%) and in Borgou cattle (18.3%). These observations ought to be take into account

  15. Liquidity and stock returns-evidence from UK stock market

    OpenAIRE

    Le, Dang Thuy Trang

    2013-01-01

    Liquidity has been acknowledged to affect stock returns due to its importance to investors, financial markets, and listed companies. Although there is abundant literature documenting the liquidity-stock returns relationship, results about this relationship are mixed. This might be due to the reasons that liquidity has various meanings and methods of measurements. The purposes of this study are to provide definition of liquidity in relation to stocks, introduce measures of liquidity and examin...

  16. Breeding tropical forages

    Directory of Open Access Journals (Sweden)

    L Jank

    2011-01-01

    Full Text Available Brazil has the largest commercial beef cattle herd and is the main beef exporter in the world. Cultivated pastures arethe basis for the Brazilian beef production, and occupy an area of 101.4 million hectares. However, very few forage cultivars arecommercially available, and the majority of these are of apomictic reproduction, thus genetically homogeneous. Tropical foragebreeding is at its infancy, but much investment and efforts have been applied in the last three decades and some new cultivars havebeen released. In this paper, origin of different species, modes of reproduction, breeding programs and targets are discussed andthe resulting new cultivars released are presented.

  17. Materials for breeding blankets

    International Nuclear Information System (INIS)

    There are several candidate concepts for tritium breeding blankets that make use of a number of special materials. These materials can be classified as Primary Blanket Materials, which have the greatest influence in determining the overall design and performance, and Secondary Blanket Materials, which have key functions in the operation of the blanket but are less important in establishing the overall design and performance. The issues associated with the blanket materials are specified and several examples of materials performance are given. Critical data needs are identified

  18. Evolutionary model of stock markets

    Science.gov (United States)

    Kaldasch, Joachim

    2014-12-01

    The paper presents an evolutionary economic model for the price evolution of stocks. Treating a stock market as a self-organized system governed by a fast purchase process and slow variations of demand and supply the model suggests that the short term price distribution has the form a logistic (Laplace) distribution. The long term return can be described by Laplace-Gaussian mixture distributions. The long term mean price evolution is governed by a Walrus equation, which can be transformed into a replicator equation. This allows quantifying the evolutionary price competition between stocks. The theory suggests that stock prices scaled by the price over all stocks can be used to investigate long-term trends in a Fisher-Pry plot. The price competition that follows from the model is illustrated by examining the empirical long-term price trends of two stocks.

  19. Mutation breeding newsletter. No. 43

    International Nuclear Information System (INIS)

    This issue of the Newsletter includes articles dealing with radiation induced mutation based plant breeding research findings aimed at improving productivity, disease resistance and tolerance of stress conditions

  20. Mutation Breeding in Sugarcane

    International Nuclear Information System (INIS)

    The present position of sugar industry particularly cane sugar production in the world has been discussed. The role of African Countries which can contribute more than the present 11% to world cane sugar production is presented. The breeding methods employed in cane growing court-tries indicate the biparental crossing and selection in F1 has been the major method used to develop varieties. Due to cytogenetical peculiarities, thousands of seedlings are grown to select the desirable genotype. Mutations or sports has been a source of variation for selection in nature. Induced mutations have only enhanced the mutation rate and has enabled the plant breeders to get better variation for selection. Though many mutagens have been used gamma rays have been most effective. Induced mutations for nonflowering, spineless leaf-sheath, higher sugar content, yield md resistance to diseases like smut and downy mildew have been reported. The methods of making mutated tissues express itself have been indicated. Mutation breeding holds out promise in sugarcane in that the basic variety or genotype can be kept intact and a few characters changed as desired by the plant breeder provided proper selection methods are employed. (author)

  1. Radiation mutation breeding

    Energy Technology Data Exchange (ETDEWEB)

    Song, Hi Sup; Kim, Jae Sung; Kim, Jin Kyu; Shin, In Chul; Lim, Young Taek

    1998-04-01

    In order to develop an advanced technical knowledge for the selection of better mutants, some of the crops were irradiated and the mutation rate, the survival rate and the method for selction of a mutant were studied. Furthermore, this study aimed to obtain basic data applicable to the development of genetic resources by evaluation and analysis the specific character for selection of the superior mutant and its plant breeding. 1. selection of the mutant with a superior resistance against environment in the principal crops 1) New varieties of mutant rices such as Wonpyeongbyeo, Wongwangbyeo, Winmibyeo, and heogseon chalbeyeo (sticky forma) were registered in the national variety list and made an application to crop variety protection right. They are under review now. 2) We also keep on studying on the number of a grain of 8 lines of excellent mutant rice for the purpose of improvement of breeding . 3) We selected 3 lines which have a resistance to pod and stem blight in large soybean, 31 lines with small grain size and higher yield, 112 lines of soybean of cooking, 7 lines of low lipoxygenase content, and 12 lines with decreased phytic acid content by 20 % compared to the previous level. 2. Selection of advanced Mugunwha (Rose of Sharon) mutant 1) Bagseul, a new variety of mutant, was developed and 30 plantlets of it are being proliferated. 2) Fifty-three lines of a mutant having a various morphologies were selected.

  2. Radiation mutation breeding

    International Nuclear Information System (INIS)

    In order to develop an advanced technical knowledge for the selection of better mutants, some of the crops were irradiated and the mutation rate, the survival rate and the method for selction of a mutant were studied. Furthermore, this study aimed to obtain basic data applicable to the development of genetic resources by evaluation and analysis the specific character for selection of the superior mutant and its plant breeding. 1. selection of the mutant with a superior resistance against environment in the principal crops 1) New varieties of mutant rices such as Wonpyeongbyeo, Wongwangbyeo, Winmibyeo, and heogseon chalbeyeo (sticky forma) were registered in the national variety list and made an application to crop variety protection right. They are under review now. 2) We also keep on studying on the number of a grain of 8 lines of excellent mutant rice for the purpose of improvement of breeding . 3) We selected 3 lines which have a resistance to pod and stem blight in large soybean, 31 lines with small grain size and higher yield, 112 lines of soybean of cooking, 7 lines of low lipoxygenase content, and 12 lines with decreased phytic acid content by 20 % compared to the previous level. 2. Selection of advanced Mugunwha (Rose of Sharon) mutant 1) Bagseul, a new variety of mutant, was developed and 30 plantlets of it are being proliferated. 2) Fifty-three lines of a mutant having a various morphologies were selected

  3. TOWARDS AN ISLAMIC STOCK MARKET

    OpenAIRE

    EL GAR, MOHAMED ALI

    1993-01-01

    This paper examines the functioning of the stock market from an Islamic perspective, and the need of an Islamic economy for capital markets and stock exchange with a view to assessing their roles in the Islamic economy. The basic questions of gambling, risk and options, all in relation to the operation of a stock exchange, are discussed to examine their permissibility from the shari'ah point of view.

  4. Stock Market Volatility under Sanctions

    OpenAIRE

    Hojatallah Goudarzi

    2014-01-01

    Since 1979, Iran has faced with unilateral and multilateral harsh sanctions due to its nuclear energy program. These sanctions have resulted in significant problem to both sanctioned and sanctioning parties. Given the fact that sanctions have had significant impacts on Iran’s economy and since Iran stock market is the barometer of its economy, it is assumed that sanctions affect the Iranian stock market as well. To test this hypothesis, this study studied the Iranian stock market volatility d...

  5. Dividend Taxes and Stock Volatility

    OpenAIRE

    Ferris, Erin E. Syron

    2015-01-01

    How do dividend taxes affect stock volatility? In this paper, I use a decrease in dividend taxes as a natural experiment to identify their impact on firm's price volatility. If a risk-averse executive faces price risk through his incentive contract, changes in stock volatility due to dividend taxes may increase agency costs and therefore decrease overall welfare. Stock volatility decreased after the tax cut for firms where an executive has large holdings of shares and options relative to firm...

  6. Application of excilamps in agriculture and animal breeding (review)

    Science.gov (United States)

    Sosnin, Eduard A.; Chudinova, Yulia V.; Victorova, Irina A.; Volotko, Ivan I.

    2015-12-01

    The paper provides a review of research data on applications of XeCl excilamps in agriculture and animal breeding. The data demonstrate a favorable effect of radiation produced by the excilamps on the fertility of animals (outbred mice and pigs) and on the growth of plants (flaxes, potatoes, carrots, cucumbers, conifers). Excilamp models adapted specially for use in stock-raising and grain storage complexes are now available. The research data obtained in 2012-2015 suggest that XeCl excilamps hold promise for prevention of diseases in indoor-housed pigs and for pre-sowing seed preparation.

  7. Does Stock Market value Brands?

    OpenAIRE

    Eleftheriadou, Despoina

    2007-01-01

    This dissertation tries to explore how the brand as an intangible asset impacts on the Market Value of the firm. Using a sample of 193 British firms and their Stock price of the year 2003, we tried to identify if the Stock Market value brands. According to the theoretical review and research results, each brand creates a different brand impact in consumer behaviour and in turn in Stock Market reaction. However, the Stock Market it seems that really values brand assets, firstly directly throug...

  8. 2008 Stock Market Rhapsody

    Institute of Scientific and Technical Information of China (English)

    2008-01-01

    In early 2007,spring chickens lined up to register for trading in the booming stock market.In the beginning of 2008, salespeople of securities companies spread their counters on street comers to market their companies to random passersby. The U.S.subprime mortgage crisis swept the whole world and no countries were lucky enough to escape it. The benchmark Shanghai Composite Index plunged 7.22 percent on January 22, the biggest drop so far this year,and de- voured all the increases since August 2007.

  9. SOME ASPECTS REGARDING VEGETABLES BREEDING IN ROMANIA IN THE YEARS 2015-2025

    Directory of Open Access Journals (Sweden)

    I. Scurtu

    2014-06-01

    Full Text Available Improved varieties have had a main role in the increases in yield and quality of vegetable crops. In this respect, the vegetables seed market is very dynamic and competitive, and predominant varieties are quickly replaced by new others. During the last years, an immense quantity of new knowledge on the genetic diversity of vegetables and the utilization of genetic resources, breeding methods and techniques, and utilization of modern biotechnologies in vegetables crop breeding has accumulated. Unfortunately, in our country, in the last years, we have lost a great part of genes stock; many breeding laboratories have not enough modern devices and international cooperation is not too strong. We discuss what is possible to do in the next years in order to solve the main problems of this field: researchers training; devices for laboratory and field; breeding objectives in main cultivated vegetable species and so on.

  10. Stock Returns, Volatility, and Cointegration among Chinese Stock Markets

    Institute of Scientific and Technical Information of China (English)

    QiZhou; ZhongguoZhou

    2005-01-01

    This paper examines stock returns, volatility, and cointegration among three Chinese stock markets before and after Hong Kong's return to China. The average daily returns are much higher during the first sub-period (from April 1991 to June 1997) and significantly lower or even negative during the second sub-period (from July 1997 to December 2002). The mean adjusted change in volatility is negatively and significantly correlated with the lagged returns. This negative relation is mainly caused by a contemporaneous and significantly positive correlation between returns and volatility in the first sub-period. This significant relationship disappears for the Shanghai and Shenzhen Stock Exchanges and is even negative for the Hong Kong Stock Exchange during the second sub-period. Three Chinese stock markets are cointegrated over the entire sample period and become more closely related after Hong Kong's return to China. Our results have important implications for both policy makers and individual investors.

  11. 17 CFR 240.16a-9 - Stock splits, stock dividends, and pro rata rights.

    Science.gov (United States)

    2010-04-01

    ... 17 Commodity and Securities Exchanges 3 2010-04-01 2010-04-01 false Stock splits, stock dividends... Government Securities Dealers § 240.16a-9 Stock splits, stock dividends, and pro rata rights. The following... held as a result of a stock split or stock dividend applying equally to all securities of a...

  12. Mutation breeding of ornamental plants

    Energy Technology Data Exchange (ETDEWEB)

    Yamaguchi, Takashi

    1988-03-01

    The outline of registered ornamental cultivars bred up by mutation breeding, the applied methods, and the radiosensitivity of air-dried seeds among ornamental plants are described. The mutation breeding of ornamental plants has not yet become a familiar means like cross breeding or line separation. But the number of the cultivars bred up by mutation breeding reached more than 270, and took a relatively large proportion of about 40 % of the agronomic cultivars bred up by mutation breeding in the world. The number of the species to which those improved cultivars belong is only 22. Considering the abundance of ornamental plant species and the successful results of mutation breeding in this field, mutation breeding techniques will be applied to many species which remain in the rudimentary stage or have never tried them. It is hoped that the information presented in this paper contributes to the promising future of ornamental plant breeding as the suggestion. Especially in ornamental plants, many spontaneously occurred novel mutants have been sought and treasured for a long time. Such mutants actually enriched the variety of flower colors, shapes and many other important characters required for being ornamentally valuable. (Kako, I.).

  13. Over-breeding

    International Nuclear Information System (INIS)

    The Greenhouse Effect has fuzzy parameters, as do the consequences of acid rain, accidental nuclear fallout, deforestation, even the depletion of oil and natural gas reserves, and other threatening calamities. But the consequences of human over-breeding do not fall within fuzzy parameters. Reliable demographic studies predict a world population by the year 2020 of twice the present four billion or so living human beings. Some of us will see that year. But the population will again have doubled by the year 2090: sixteen billion people. The author suggests in this paper some morally permissible steps that might be taken to circumvent what otherwise is most assuredly an impending world tragedy. We have an ethical obligation to future generations. They have the moral right to a qualitatively fulfilling life, not just on allotted number of years. Some of my suggestions will not be palatable to some readers. But I urge those readers seriously to consider and if possible, hopefully, to propose alternatives

  14. Biotechnology in maize breeding

    Directory of Open Access Journals (Sweden)

    Mladenović-Drinić Snežana

    2004-01-01

    Full Text Available Maize is one of the most important economic crops and the best studied and most tractable genetic system among monocots. The development of biotechnology has led to a great increase in our knowledge of maize genetics and understanding of the structure and behaviour of maize genomes. Conventional breeding practices can now be complemented by a number of new and powerful techniques. Some of these often referred to as molecular methods, enable scientists to see the layout of the entire genome of any organism and to select plants with preferred characteristics by "reading" at the molecular level, saving precious time and resources. DNA markers have provided valuable tools in various analyses ranging from phylogenetic analysis to the positional cloning of genes. Application of molecular markers for genetic studies of maize include: assessment of genetic variability and characterization of germ plasm, identification and fingerprinting of genotypes, estimation of genetic distance, detection of monogamic and quantitative trait loci, marker assisted selection, identification of sequence of useful candidate genes, etc. The development of high-density molecular maps which has been facilitated by PCR-based markers, have made the mapping and tagging of almost any trait possible and serve as bases for marker assisted selection. Sequencing of maize genomes would help to elucidate gene function, gene regulation and their expression. Modern biotechnology also includes an array of tools for introducing or deieting a particular gene or genes to produce plants with novel traits. Development of informatics and biotechnology are resulted in bioinformatic as well as in expansion of microarrey technique. Modern biotechnologies could complement and improve the efficiency of traditional selection and breeding techniques to enhance agricultural productivity.

  15. Information flow between stock indices

    OpenAIRE

    Okyu Kwon; Jae-Suk Yang

    2008-01-01

    Using transfer entropy, we observed the strength and direction of information flow between stock indices. We uncovered that the biggest source of information flow is America. In contrast, the Asia/Pacific region the biggest is receives the most information. According to the minimum spanning tree, the GSPC is located at the focal point of the information source for world stock markets.

  16. Scaling analysis of stock markets

    Science.gov (United States)

    Bu, Luping; Shang, Pengjian

    2014-06-01

    In this paper, we apply the detrended fluctuation analysis (DFA), local scaling detrended fluctuation analysis (LSDFA), and detrended cross-correlation analysis (DCCA) to investigate correlations of several stock markets. DFA method is for the detection of long-range correlations used in time series. LSDFA method is to show more local properties by using local scale exponents. DCCA method is a developed method to quantify the cross-correlation of two non-stationary time series. We report the results of auto-correlation and cross-correlation behaviors in three western countries and three Chinese stock markets in periods 2004-2006 (before the global financial crisis), 2007-2009 (during the global financial crisis), and 2010-2012 (after the global financial crisis) by using DFA, LSDFA, and DCCA method. The findings are that correlations of stocks are influenced by the economic systems of different countries and the financial crisis. The results indicate that there are stronger auto-correlations in Chinese stocks than western stocks in any period and stronger auto-correlations after the global financial crisis for every stock except Shen Cheng; The LSDFA shows more comprehensive and detailed features than traditional DFA method and the integration of China and the world in economy after the global financial crisis; When it turns to cross-correlations, it shows different properties for six stock markets, while for three Chinese stocks, it reaches the weakest cross-correlations during the global financial crisis.

  17. Organic Plant Breeding: Achievements, Opportunities, and Challenges

    OpenAIRE

    Horneburg, Bernd

    2011-01-01

    The objective of this article is to highlight some successful approaches to organic plant breeding and to encourage the organic movement to engage in an increasing number of organic breeding and organic breeding research projects.

  18. Emerging Stock Premia: Some Evidence From Industrial Stock Market Data

    Directory of Open Access Journals (Sweden)

    Michael Donadelli

    2013-04-01

    Full Text Available This paper studies the behavior of emerging stock excess returns in an industry-by-industry context. We examine stock market performance for 23 countries and ten industries over 17 years from 1995 to 2012 – a period that includes major changes in capital market regulations, the removal of trade barriers, the IT bubble, the 9/11 terrorist attacks, and the subprime mortgage crisis. In addition, we examine stock market co-movement and risk exposure for ten industries in eight emerging/developing stock markets. We obtain four key empirical findings. First, at industry level, we confirm that the equity risk premium in emerging markets is higher than in developed markets. We also confirm the time-varying nature of emerging stock market excess returns. Second, at country level, we identify those industries that mainly contribute to the presence of the emerging stock premia. Third, we show that some industries are more exposed to global risk factors than others. Fourth, given the increasing degree of co-movement between international stock markets, we observe that some cross-industry portfolio diversification benefits are still exploitable. Our analysis yields interesting implications for financial applications. In particular, we argue that the presence of a strong time-varying component in the “industry-betas” might have strong impact on the estimation of the cost of capital.

  19. Online stock trading platform

    Directory of Open Access Journals (Sweden)

    Ion LUNGU

    2006-01-01

    Full Text Available The Internet is the perfect tool that can assure the market’s transparency for any user who wants to trade on the stock market. The investor can have access to the market news, financial calendar or the press releases of the issuers. A good online trading platform also provides real-time intraday quotes, trading history and technical analysis giving the investor a clearer view of the supply and demand in the market. All this information provides the investor a good image of the market and encourages him to trade. This paper wishes to draft the pieces of an online trading platform and to analyze the impact of developing and implementing one in a brokerage firm.

  20. Mutation breeding in chickpea

    International Nuclear Information System (INIS)

    Chickpea is an important food legume in Turkey. Turkey is one of the most important gene centers in the world for legumes. The most widely known characteristic of chickpea is that it is an important vegetable protein source used in human and animal nutrition. However, the dry grains of chickpea, has 2-3 times more protein than our traditional food of wheat. In addition, cheakpea is also energy source because of its high carbohydrate content. It is very rich in some vitamin and mineral basis. In the plant breeding, mutation induction has become an effective way of supplementing existing germplasm and improving cultivars. Many successful examples of mutation induction have proved that mutation breeding is an effective and important approach to food legume improvement. The induced mutation technique in chickpea has proved successful and good results have been attained. Realizing the potential of induced mutations, a mutation breeding programme was initiated at the Nuclear Agriculture Section of the Saraykoey Nuclear Research and Training Center in 1994. The purpose of the study was to obtain high yielding chickpea mutants with large seeds, good cooking quality and high protein content. Beside this some characters such as higher adaptation ability, tolerant to cold and drought, increased machinery harvest type, higher yield, resistant to diseases especially to antracnose and pest were investigated too. Parents varieties were ILC-482, AK-7114 and AKCIN-91 (9 % seed moisture content and germination percentage 98 %) in these experiments. The irradiation doses were 0 (control), 50, 100, 150, 200, 250, 300, 350, 400, 500 ve 600 Gy for greenhouse experiments and 0 (control), 50, 100, 150, 200, 250, 300, 350 ve 400 Gy for field experiments, respectively. One thousand seeds for per treatment were sown in the field for the M1. At maturity, 3500 single plants were harvested and 20 seeds were taken from each M1 plant and planted in the following season. During plant growth

  1. Genome-wide assessment of worldwide chicken SNP genetic diversity indicates significant absence of rare alleles in commercial breeds

    Science.gov (United States)

    Breed utilization, genetic improvement, and industry consolidation are predicted to have major impacts on the genetic composition of commercial chickens. Consequently, the question arises as to whether sufficient genetic diversity remains within industry stocks to address future needs. With the ch...

  2. Effects of Duroc Breeding Lines on Carcass Composition and Meat Quality

    OpenAIRE

    Choi, Jung-Seok; Jin, Sang-Keun; Choi, Yang-Il; Lee, Jae-Joon

    2015-01-01

    This study was performed to investigate the carcass composition and pork quality of Duroc breeding lines in Korea. A total of 200 Duroc pigs were used, and those were originated from four different great-grandparent (GGP) breeding stock farms (L1: N farm, L2: W farm, L3: S farm, L4: R farm). The carcasses of pigs from these farms were collected, and meat quality traits were evaluated. L1 and L2 had smaller carcass weights and thin backfat, whereas L3 and L4 had heavy carcass weights and thick...

  3. Emerging Stock Premia: Some Evidence From Industrial Stock Market Data

    OpenAIRE

    Michael Donadelli; Marcella Lucchetta

    2013-01-01

    This paper studies the behavior of emerging stock excess returns in an industry-by-industry context. We examine stock market performance for 23 countries and ten industries over 17 years from 1995 to 2012 – a period that includes major changes in capital market regulations, the removal of trade barriers, the IT bubble, the 9/11 terrorist attacks, and the subprime mortgage crisis. In addition, we examine stock market co-movement and risk exposure for ten industries in eight emerging/developing...

  4. Mutation breeding by ion implantation

    Science.gov (United States)

    Yu, Zengliang; Deng, Jianguo; He, Jianjun; Huo, Yuping; Wu, Yuejin; Wang, Xuedong; Lui, Guifu

    1991-07-01

    Ion implantation as a new mutagenic method has been used in the rice breeding program since 1986, and for mutation breeding of other crops later. It has been shown, in principle and in practice, that this method has many outstanding advantages: lower damage rate; higher mutation rate and wider mutational spectrum. Many new lines of rice with higher yield rate; broader disease resistance; shorter growing period but higher quality have been bred from ion beam induced mutants. Some of these lines have been utilized for the intersubspecies hybridization. Several new lines of cotton, wheat and other crops are now in breeding. Some biophysical effects of ion implantation for crop seeds have been studied.

  5. MORE ON THE APPROVAL OF ANTONINSKO-ZOZULENETSKIY CARPS OF UKRAINIAN BREEDS

    Directory of Open Access Journals (Sweden)

    O. Oleksiyenko

    2015-12-01

    Full Text Available Purpose. To perform an analysis the fish breeding, biological, productive, exterior indicators of Antoninsko-Zozulenetskiy carps of Ukrainian scaly and Ukrainian framed breeds, their genetic characteristics as well as to provide the methods of the creation of these carps as a selective achievement. Methodology. The works were carried out in accordance with conventional techniques in fish farming and breeding. Carp breeding was conducted by the method of mass continuously improving selection of fish the aim of which is that a complex of fish breeding and management activities create conditions contributing to the development of productive qualities in the selected carp, while selection and breeding activities form and reproduce the leading pedigree group of the stock. Findings. In the conditions of the development of fisheries industry, especially important are the problems of selection and breeding works aimed at improving the biological and economic features of fish farming objects by improving the existing and developing new breeds, inbreeding, zonal types, lines, etc., creating a progressive heterotic structure of breeds and forming highly productive pedigree stocks of fish breeding objects. The main object of commercial fish farming in Ukraine, as in many countries, is carp, so his selection is given much attention. The starting material for producing the Antoninsko-Zozulenetskiy Ukrainian scaly and Ukrainian framed breeds was carp population of Antoninskiy State fish hatchery (Khmelnytsky region, which was a cross between native carp with mirror Galician carp. The principal method of carp breeding was a massive, continuously improving selection with high intensity among younger age groups. An importance during the selection was given to the growth rate of the fish, their exterior and constitutional "strength." For the brood, individuals with the highest body weight, scaly cover of which corresponded to accepted standards, beautiful high

  6. Safflower: genetics and breeding

    International Nuclear Information System (INIS)

    A review of genetic studies related to the breeding of improved cultivars of safflower (Carthamus tinctorius L.) indicated that it was possible to modify the following over a wide range: duration of the rosette stage, stem length, branching habit, degree of spininess, head number, head size, flower morphology, mating system, seed size, hull thickness and thereby oil and protein contents, and fatty acid composition of the oil. Safflower breeders have concentrated most of their efforts on identifying and evaluating the great range of variability in cultivated safflower and its closely related wild species, and not on exploring means to increase variability. Limited experiments with gamma rays and ethyl methanesulphonate indicated that additional variability could be induced. Mutagenic agents should be used to obtain the following: resistance to foliar diseases where resistant germplasm is not available, increased levels of resistance to Phytophthora root rot, resistance to dodder and orobanche, resistance to insect pests, earlier maturity, and additional modifications in the fatty acid composition of the oil. (author)

  7. Mutation breeding in chickpea

    International Nuclear Information System (INIS)

    Chickpea is an important food legume in Turkey. Turkey is one of the most important gene centers in the world for legumes. Realizing the potential of induced mutations, a mutation breeding programme was initiated at the Nuclear Agriculture Section of the Saraykoy Nuclear Research and Training Center in 1994. The purpose of the study was to obtain high yielding chickpea mutants with large seeds, good cooking quality and high protein content. Beside this some characters such as higher adaptation ability, tolerant to cold and drought, increased machinery harvest type, higher yield, resistant to diseases especially to antracnose and pest were investigated too. Parent varieties were ILC-482, AK-7114 and AKCIN-91 had been used in these experiments. The irradiation doses were 0 (control), 50, 100, 150, 200, 250, 300, 350 and 400 Gy for field experiments, respectively. As a result of these experiments, two promising mutant lines were chosen and given to the Seed Registration and Certification Center for official registration These two promising mutants were tested at five different locations of Turkey, in 2004 and 2005 years. After 2 years of registration experiments one of outstanding mutants was officially released as mutant chickpea variety under the name TAEK-SAGEL, in 2006. Some basic characteristics of this mutant are; earliness (95-100 day), high yield capacity (180-220 kg/da), high seed protein (22-25 %), first pot height (20-25 cm), 100 seeds weight (42-48 g), cooking time (35-40 min) and resistance to Ascochyta blight.

  8. Stock Market Liquidity: A Case Study of Karachi Stock Exchange

    Directory of Open Access Journals (Sweden)

    Hakim Ali Kanasro

    2009-06-01

    Full Text Available A market is to be considered as liquid when large transactions are executed with a small impact on price. This paper identifies the position of stock market liquidity at Karachi Stock Exchange (KSE during the period from 1985 to 2006. The analysis is based on using annual data of the listed firms at KSE and the data available on economic survey of the Government of Pakistan and other sources. For measurements of liquidity at KSE we have used three measuring tools as; Liquidity Analysis, Turnover Ratio and Size of Market to determine the liquidity issues at KSE. We provide the evidences of less stock market liquidity or to say illiquidity at Karachi Stock Exchange during the sample period. Consequently, market is still for behind in its efficiency, especially in liquidity hence it fails to attract new investors. We find that less liquidity causes less synchronicity in prices attracting less inventors and results is low size of market.

  9. Do More Economists Hold Stocks?

    DEFF Research Database (Denmark)

    Christiansen, Charlotte; Joensen, Juanna Schröter; Rangvid, Jesper

    , even when controlling for several background characteristics. We make use of a large register-based panel data set containing detailed information on the educational attainments and various financial and socioeconomic variables. We model the stock market participation decision by the probit model. The......A unique data set enables us to test the hypothesis that more economists than otherwise identical investors hold stocks due to informational advantages. We confirm that economists have a significantly higher probability of participating in the stock market than investors with any other education...

  10. Weekly Report of Stock Performance

    Institute of Scientific and Technical Information of China (English)

    Peter Zong

    2007-01-01

    @@ In the week April 9th-13th, the indexes of Shanghai Stock market and Shenzhen Stock market continued to create historical high, with a weekly increase of 6.0% and 10.1% respectively. Although there were reasonable increases, crazy actions also arose everywhere. For instance, the trailing Profit/Earning per share on 2006 of Sichuan Sofcra Special-Typed Fiber Co, Ltd. was as high as 643, its stock price even increased by 350% compared with that on January 4th, 2007. Huge accumulative increase implies a future down.

  11. ECOLOGY OF NON-BREEDING AND BREEDING CRESTED CARACARAS (CARACARA CHERIWAY) IN FLORIDA

    OpenAIRE

    Dwyer, James Fitzgerald

    2010-01-01

    Like many species, Floridaâ s population of Northern Crested Caracaras (Caracara cheriway, hereafter â caracaraâ ) is likely declining due to loss of breeding habitat. Consequently, management-oriented restrictions on landscape modification are applied where breeding occurs, but management rarely is extended beyond breeding areas. Focusing management on breeding areas can be effective if all caracaras occupy breeding areas, all breeding areas are detected, and no intermittent breeding oc...

  12. Does the REIT Stock Market Resemble the General Stock Market?

    OpenAIRE

    Ko Wang; John Erickson; Su Han Chan

    1995-01-01

    Gyourko and Keim (1993) point out that the continued growth of the Real Estate Investment Trust (REIT) market depends critically on the stock market's ability to provide fair and accurate valuations of real estate. Given the recent surge of REIT initial public offerings (more than $15 billion in the 1993-1994 period), it is important to know whether the stock market provides the REIT market with the same level of information dissemination, monitoring activities, and pricing mechanisms as that...

  13. Mutation breeding newsletter. No. 12

    International Nuclear Information System (INIS)

    This issue of the Newsletter presents new reports on mutation breeding programs using radiation or chemical mutagenesis to improve productivity, introduce disease resistance or induce morphological changes in crop plants

  14. Mutation Breeding of Durum Wheat

    International Nuclear Information System (INIS)

    A comprehensive programme on experimental mutagenesis was started in 1956 for both genetic research and mutation breed ing at the Nuclear Center. Remarkable efforts were produced on durum wheat over the past 20 years and a lot of knowledge was gained on several aspects of this crop: radiobiology, mutagenesis, cytology and cytogenetics, genetics and breeding. This review concern: radiogenetical studies, isolation of useful mutations, agronomic evaluation of mutant lines and use of mutations in hybridization programs. Details are given on the genetic contribution of mutagenesis to the evolution of new cultivars in durums and on the economic evaluation of the cultivars obtained by mutation breeding. An economic return on mutation breeding of durum wheat is attempted. (author)

  15. Illinois’ 2000 breeding season report

    Data.gov (United States)

    US Fish and Wildlife Service, Department of the Interior — This report summarizes the 2000 breeding season for grassland birds in Illinois. The report begins by summarizing weather conditions throughout the season and...

  16. Mutation breeding newsletter. No. 14

    International Nuclear Information System (INIS)

    This issue of the Newsletter presents new reports on mutation breeding programs using radiation or chemical mutagenesis to improve productivity, introduce disease resistance or induce morphological changes in crop plants

  17. Mutation breeding newsletter. No. 18

    International Nuclear Information System (INIS)

    This issue of the Newsletter presents new reports on mutation breeding programs using radiation or chemical mutagenesis to improve productivity, introduce disease resistance or induce morphological changes in crop plants

  18. Mutation breeding newsletter. No. 20

    International Nuclear Information System (INIS)

    This issue of the Newsletter presents new reports on mutation breeding programs using radiation or chemical mutagenesis to improve productivity, introduce disease resistance or induce morphological changes in crop plants

  19. Mutation breeding newsletter. No. 4

    International Nuclear Information System (INIS)

    This issue of the Newsletter presents reports and rea search abstracts on mutation breeding programs using radiation or chemical mutagenesis to improve productivity, introduce disease resistance or induce morphological changes in crop plants

  20. Mutation breeding newsletter. No. 3

    International Nuclear Information System (INIS)

    This issue of the Newsletter presents reports and rea search abstracts on mutation breeding programs using radiation or chemical mutagenesis to improve productivity, introduce disease resistance or induce morphological changes in crop plants

  1. Mutation breeding newsletter. No. 11

    International Nuclear Information System (INIS)

    This issue of the Newsletter presents new reports on mutation breeding programs using radiation or chemical mutagenesis to improve productivity, introduce disease resistance or induce morphological changes in crop plants

  2. Mutation breeding newsletter. No. 23

    International Nuclear Information System (INIS)

    This issue of the Newsletter presents new reports on mutation breeding programs using radiation or chemical mutagenesis to improve productivity, introduce disease resistance or induce morphological changes in crop plants

  3. Mutation breeding newsletter. No. 30

    International Nuclear Information System (INIS)

    This issue of the Newsletter presents new reports on mutation breeding programs using radiation or chemical mutagenesis to improve productivity, introduce disease resistance or induce morphological changes in crop plants

  4. Mutation breeding newsletter. No. 31

    International Nuclear Information System (INIS)

    This issue of the Newsletter presents new reports on mutation breeding programs using radiation or chemical mutagenesis to improve productivity, introduce disease resistance or induce morphological changes in crop plants

  5. Mutation breeding newsletter. No. 7

    International Nuclear Information System (INIS)

    This issue of the Newsletter presents reports and rea search abstracts on mutation breeding programs using radiation or chemical mutagenesis to improve productivity, introduce disease resistance or induce morphological changes in crop plants

  6. Mutation breeding newsletter. No. 5

    International Nuclear Information System (INIS)

    This issue of the Newsletter presents reports and rea search abstracts on mutation breeding programs using radiation or chemical mutagenesis to improve productivity, introduce disease resistance or induce morphological changes in crop plants

  7. Mutation breeding newsletter. No. 28

    International Nuclear Information System (INIS)

    This issue of the Newsletter presents reports and research abstracts on mutation breeding programs using radiation or chemical mutagenesis to improve productivity, introduce disease resistance or induce morphological changes in crop plants

  8. Mutation breeding newsletter. No. 29

    International Nuclear Information System (INIS)

    This issue of the Newsletter presents reports and rea search abstracts on mutation breeding programs using radiation or chemical mutagenesis to improve productivity, introduce disease resistance or induce morphological changes in crop plants

  9. Mutation breeding newsletter. No. 25

    International Nuclear Information System (INIS)

    This issue of the Newsletter presents reports and research abstracts on mutation breeding programs using radiation or chemical mutagenesis to improve productivity, introduce disease resistance or induce morphological changes in crop plants

  10. Mutation breeding newsletter. No. 33

    International Nuclear Information System (INIS)

    This issue of the newsletter reports a number of research news and research abstracts on application of radiation induced mutation techniques to increase mutagenesis and mutation frequency in plant breeding projects

  11. Mutation breeding newsletter. No. 27

    International Nuclear Information System (INIS)

    This issue of the Newsletter presents reports and research abstracts on mutation breeding programs using radiation or chemical mutagenesis to improve productivity, introduce disease resistance or induce morphological changes in crop plants

  12. Mutation breeding newsletter. No. 22

    International Nuclear Information System (INIS)

    This issue of the Newsletter presents new reports on mutation breeding programs using radiation or chemical mutagenesis to improve productivity, introduce disease resistance or induce morphological changes in crop plants

  13. Mutation breeding newsletter. No. 6

    International Nuclear Information System (INIS)

    This issue of the Newsletter presents reports and rea search abstracts on mutation breeding programs using radiation or chemical mutagenesis to improve productivity, introduce disease resistance or induce morphological changes in crop plants

  14. Mutation breeding newsletter. No. 15

    International Nuclear Information System (INIS)

    This issue of the Newsletter presents new reports on mutation breeding programs using radiation or chemical mutagenesis to improve productivity, introduce disease resistance or induce morphological changes in crop plants

  15. Mutation Breeding Newsletter. No. 37

    International Nuclear Information System (INIS)

    This newsletter contains a brief account of FAO/IAEA meetings held in 1990 on plant breeding involving the use of induced mutations. It also features a list of commercially available plant cultivars produced by such techniques. Refs and tabs

  16. Tricolored Blackbird - Breeding [ds20

    Data.gov (United States)

    California Department of Resources — These data come from observations of breeding tricolored blackbirds throughout their range in California. NAD27 coordinates are given in the data for each record....

  17. Mutation breeding newsletter. No. 34

    International Nuclear Information System (INIS)

    This issue of the Newsletter presents abstracts and short communications of research results on radiation and chemical induced mutation breeding projects. Positive traits such as disease resistance and increased productivity are highlighted

  18. Mutation breeding newsletter. No. 13

    International Nuclear Information System (INIS)

    This issue of the Newsletter presents new reports on mutation breeding programs using radiation or chemical mutagenesis to improve productivity, introduce disease resistance or induce morphological changes in crop plants

  19. Mutation breeding newsletter. No. 1

    International Nuclear Information System (INIS)

    This issue of the Newsletter presents reports and rea search abstracts on mutation breeding programs using radiation or chemical mutagenesis to improve productivity, introduce disease resistance or induce morphological changes in crop plants

  20. Mutation breeding newsletter. No. 36

    International Nuclear Information System (INIS)

    This issue of the Newsletter presents abstracts and short communications of research results on radiation and chemical induced mutation breeding projects. Positive traits such as disease resistance and increased productivity are highlighted

  1. Mutation breeding newsletter. No. 17

    International Nuclear Information System (INIS)

    This issue of the Newsletter presents new reports on mutation breeding programs using radiation or chemical mutagenesis to improve productivity, introduce disease resistance or induce morphological changes in crop plants

  2. Mutation breeding newsletter. No. 24

    International Nuclear Information System (INIS)

    This issue of the Newsletter presents reports and research abstracts on mutation breeding programs using radiation or chemical mutagenesis to improve productivity, introduce disease resistance or induce morphological changes in crop plants

  3. Mutation breeding newsletter. No. 10

    International Nuclear Information System (INIS)

    This issue of the Newsletter presents new reports on mutation breeding programs using radiation or chemical mutagenesis to improve productivity, introduce disease resistance or induce morphological changes in crop plants

  4. Mutation breeding newsletter. No. 9

    International Nuclear Information System (INIS)

    This issue of the Newsletter presents new reports on mutation breeding programs using radiation or chemical mutagenesis to improve productivity, introduce disease resistance or induce morphological changes in crop plants

  5. Bee Queen Breeding Methods - Review

    Directory of Open Access Journals (Sweden)

    Silvia Patruica

    2016-05-01

    Full Text Available The biological potential of a bee family is mainly generated by the biological value of the queen. Whether we grow queens widely or just for our own apiaries, we must consider the acquisition of high-quality biological material, and also the creation of optimal feeding and caring conditions, in order to obtain high genetic value queens. Queen breeding technology starts with the setting of hoeing families, nurse families, drone-breeding families – necessary for the pairing of young queens, and also of the families which will provide the bees used to populate the nuclei where the next queens will hatch. The complex of requirements for the breeding of good, high-production queens is sometimes hard to met, under the application of artificial methods. The selection of breeding method must rely on all these requirements and on the beekeeper’s level of training.

  6. Mutation breeding newsletter. No. 26

    International Nuclear Information System (INIS)

    This issue of the Newsletter presents reports and research abstracts on mutation breeding programs using radiation or chemical mutagenesis to improve productivity, introduce disease resistance or induce morphological changes in crop plants

  7. Mutation breeding newsletter. No. 2

    International Nuclear Information System (INIS)

    This issue of the Newsletter presents reports and rea search abstracts on mutation breeding programs using radiation or chemical mutagenesis to improve productivity, introduce disease resistance or induce morphological changes in crop plants

  8. Mutation breeding newsletter. No. 8

    International Nuclear Information System (INIS)

    This issue of the Newsletter presents new reports on mutation breeding programs using radiation or chemical mutagenesis to improve productivity, introduce disease resistance or induce morphological changes in crop plants

  9. Mutation breeding newsletter. No. 16

    International Nuclear Information System (INIS)

    This issue of the Newsletter presents new reports on mutation breeding programs using radiation or chemical mutagenesis to improve productivity, introduce disease resistance or induce morphological changes in crop plants

  10. Mutation breeding newsletter. No. 32

    International Nuclear Information System (INIS)

    This issue of the Newsletter presents new reports on mutation breeding programs using radiation or chemical mutagenesis to improve productivity, introduce disease resistance or induce morphological changes in crop plants

  11. Mutation breeding newsletter. No. 19

    International Nuclear Information System (INIS)

    This issue of the Newsletter presents new reports on mutation breeding programs using radiation or chemical mutagenesis to improve productivity, introduce disease resistance or induce morphological changes in crop plants

  12. Rice Breeding with Induced Mutation

    International Nuclear Information System (INIS)

    A plant breeder may utilize the genetic variability from available natural resources, he may build up variability through hybridization, he can induce variability through mutagen treatments or he may use a combination of any of the three for the improvement of crop plants. A number of improved varieties of rice have been developed through mutation breeding. It is shown, how a breeder may utilize mutation induction to achieve successfully his breeding objectives. (author)

  13. Canine Hip Dysplasia: Breed Effects

    OpenAIRE

    Martin, S W; Kirby, K.; Pennock, P W

    1980-01-01

    This paper is a refinement of previous studies in that only suitably radiographed dogs were included in the data base. The rate of hip dysplasia varied widely by breed from five percent in siberian huskies to eighty-three percent in english bulldogs. There was a significant difference in the prevalence of dysplasia within at least two breeds; golden retrievers and old english sheepdogs. Physical size per se did not appear to be an important determinant of hip dysplasia.

  14. SOYBEAN - MOLECULAR ASPECTS OF BREEDING

    OpenAIRE

    Aleksandra Sudarić

    2012-01-01

    The book Soybean: Molecular Aspects of Breeding focuses recent progress in our understanding of the genetics and molecular biology of soybean. This book is divided into four parts and contains 22 chapters. Part I, Molecular Biology and Biotechnology focuses advances in molecular biology and laboratory procedures that have been developed recently to manipulate DNA. Part II, Breeding for abiotic stress covers proteomics approaches form as a powerful tool for investigatin...

  15. Genetic Traceability of Chicken Breeds

    Directory of Open Access Journals (Sweden)

    Massino De Marchi

    2003-12-01

    Full Text Available Aims of this study were to apply AFLP markers to assess the genetic diversity and to define a marker-assisted traceability system in local chicken breeds. Data were based on 107 cocks of three different local chicken breeds from Veneto region (Italy: Robusta (PRR: n=54, Pepoi (PPP: n=33 and Padovana (PPD: n=20. Chickens were individually identified at birth with wing tag and reared in four different herds using a free-range system. Genomic DNA was extracted from whole blood and AFLP analysis was performed according to the protocol described in Barcaccia et al. (1998. Values of expected heterozygosity (H and polymorphism information content (PIC at AFLP loci were calculated for each breed. Genetic similarities of all possible pairs of genotypes were estimates using a Jaccard index; the values obtained were subsequently used in a factorial analysis in order to define latent variables which explain the whole genetic similarity relation system between individuals. The average PIC index within breed was generally low: 24.1% for PRR, 23.6% for PPD and 17.2% for PPP. The average heterozygosities of the three breeds for all markers were 29.5% for PRR and PPD and 21.3% for PPP. In the majority of cases (from 90% to 100% of individuals within breed, marker-assisted traceability system used in this research correctly identified the breed of cocks. Hence, results are promising to identify biological tissue (meat, gamets, embryo, etc. from these local chicken breeds. However, the method used in this study should be improved in terms of cost reduction for single sample, work effort, reproducibility and accuracy of results obtained.

  16. Will Financial Analysts Mistake Stocks of Good Companies for Good Stocks? Evidence from Taiwan Stock Market

    Directory of Open Access Journals (Sweden)

    I-Ju Chen

    2005-01-01

    Full Text Available It has been shown that the individual or institutional investors rely on the information provided by the financial analysts. A good stock recommended by financial experts is expected to make profit to the investors. However, due to the cognitive biases, the financial analysts or investors are probably confused in the firm characteristics between the good stocks and the stocks of good companies. Good companies are normally inferred to the company that have good managing and operating systems, however, it is usually though to have good returns as good stocks. The future earning forecasts of these good companies may be thus overestimated as compared with the others. Such cognitive biases probably results in improper investment and investment loss. In this study, the reputation survey results for the companies in Taiwan and the corresponding financial data are used to verify the proposed cognitive biases hypothesis. The empirical evidence in this study shows that financial analysts mistake stocks of good companies for good stocks. However, it is also shown that the average one-year buy-and-hold return of these sample firms (including good companies and good stocks is still higher than that of the chosen matching firms.

  17. Mutation breeding in Brazil

    International Nuclear Information System (INIS)

    How mutation induction is used for plant breeding in Brazil is reported. For upland rice, the combined treatment with gamma-ray and mutagens (ethylene imine or ethylmethane sulfonate) has been used on the variety, Dourado Precoce, and some mutants with shortculm length and/or earliness without altering the productivity have been obtained. A project on the quantitative and qualitative protein improvement in upland rice was also started in 1979. In corn, the effect of gamma-irradiation on heterosis has been analyzed, and it was found that the single hybrids from two parental lines derived from irradiated seeds had increased ear productivity. For beans (Phaseolus yulgaris), gamma-irradiation and chemical mutagens have been used to induce the mutants with different seed color, disease resistance to golden mosaic virus and Xanthomonas phaseoli, earliness, high productivity and high protein content. Some mutants with partly improved characters have been obtained in these experiments. Two varieties of wheat tolerant to aluminum toxicity have been obtained, but the one showed high lodging due to its unfavorable plant height, and the other was highly susceptible to culm rust. Therefore, irradiation experiments have been started to improve these characters. The projects involving the use of gamma-irradiation have been tested to obtain the mutant lines insensitive to photoperiod and resistant to bud-blight in soybean, the mutant lines resistant to mosaic virus in papaya, the photoperiod-insensitive mutants in sorghum, the mosaic virus resistant and non-flowering mutants in sugar cane, and the Fusarium and nematode-resistant mutants in black pepper. (Kaihara, S.)

  18. Expecting a Stock Market Recovery

    Institute of Scientific and Technical Information of China (English)

    2009-01-01

    Abundant liquidity is expected to be the mainstay that helps to prop up the nation’s stock markets, according to the Economic Information Daily’s review of financial institutions’ research reports. Excerpts follow.

  19. Stock Market Index Computer Programs.

    Science.gov (United States)

    Rowley, Eric

    1986-01-01

    Provides two computer programs, written in BASIC, to calculate average stock market price levels. The programs allow students to work directly from the raw price data that appear daily in the financial news. Teaching suggestions are provided. (JDH)

  20. Increasing salinity tolerance in tilapias: selective breeding using locally available strains

    OpenAIRE

    Cecilia J. Jaspe; Christopher M. A. Caipang

    2011-01-01

    The culture of tilapias is an important industry in most aquaculture producing countries in theworld. Due to the many favorable attributes of this species of fish, including tolerance to wide range ofenvironmental conditions and fast growth rates, interest in its culture is increasing at a rapid pace. Therehave been research initiatives on breeding, genetic improvement and stock manipulation in order toincrease the resistance of this fish to high salinity levels, enabling them to thrive in br...

  1. Persistent collective trend in stock markets

    Science.gov (United States)

    Balogh, Emeric; Simonsen, Ingve; Nagy, Bálint Zs.; Néda, Zoltán

    2010-12-01

    Empirical evidence is given for a significant difference in the collective trend of the share prices during the stock index rising and falling periods. Data on the Dow Jones Industrial Average and its stock components are studied between 1991 and 2008. Pearson-type correlations are computed between the stocks and averaged over stock pairs and time. The results indicate a general trend: whenever the stock index is falling the stock prices are changing in a more correlated manner than in case the stock index is ascending. A thorough statistical analysis of the data shows that the observed difference is significant, suggesting a constant fear factor among stockholders.

  2. Diversification effects between stock indices

    OpenAIRE

    Bissantz, Kathrin; Bissantz, Nicolai; Ziggel, Daniel

    2010-01-01

    During the World Financial Crisis it became obvious that classical models of portfolio theory significantly under-estimated risks, especially with regard to stocks. Instabilities of correlations and volatilities, the relevant parameters characterizing risk, led to overestimation of diversification effects and consequently to under-estimation of risks. In this article, we analyze diversification effects concerning stocks during different market periods of the previous decade. We show ...

  3. Investments in Fallen Angel Stocks

    OpenAIRE

    Mühlfriedel, Bernd

    2012-01-01

    This thesis addresses the research gap with regard to fallen angel stocks, thereby helping investors to make better investment decisions and bringing the investments styles of value and growth closer together. It is the first academic work that provides a systematic and empirically tested approach to investments in fallen angels by establishing a set of indicators to distinguish good (outperforming) from bad (underperforming) fallen angel stocks. Fallen angels are defined as companies with (i...

  4. Rational Bubbles in Stock Prices?

    OpenAIRE

    Behzad T. Diba; Grossman, Herschel I.

    1985-01-01

    This paper reports empirical tests for the existence of rational bubbles in stock prices. The analysis focuses on a familiar model that defines market fundamentals to be the expected present value of dividends, discounted at a constantrate, and defines a rational bubble to be a self-confirming divergence of stock prices from market fundamentals in response to extraneous variables. The tests are based on the theoretical result that, if rational bubbles exist, time series obtained by differenci...

  5. Stocks Reservoir report June 1988

    OpenAIRE

    Walker, N.M.

    1988-01-01

    This report comprises a mean weekly summary of the raw data of the fish population of the Stocks Reservoir major tributaries in conjunction with completed maps, diagrams, tables and figures. These cover the Stocks tributary stream survey, the Fishery and fish plate impingement. This paper does not constitute a final report which the author intends to submit as a Ph.D. thesis. However, it does present much of the data and analysis completed in its final draft, which may be of immediate...

  6. Pricing options on defaultable stocks

    OpenAIRE

    Tayibov, Khayyam

    2012-01-01

    In this note, we develop stock option price approximations for a model which takes both the risk o default and the stochastic volatility into account. We also let the intensity of defaults be influenced by the volatility. We show that it might be possible to infer the risk neutral default intensity from the stock option prices. Our option price approximation has a rich implied volatility surface structure and fits the data implied volatility well. Our calibration exercise shows that an effect...

  7. New Hope for Chinese Stocks

    Institute of Scientific and Technical Information of China (English)

    2006-01-01

    Many people in recent years have held that investing in the Chinese stock markets posed risks. But remarkable changes have taken place in China's stock markets during the past year, according to Mark De Weaver, a research analyst in Shenzhen who now manages a fund investing in Asian equities called Quantrarian Asia Hedge. According to De Weaver, the changes include split-share and brokerage reforms, a new securities law and more opportunities for qualified foreign investors. His main ideas follow:

  8. Stock Market Expectations of Dutch Households

    OpenAIRE

    Hurd, Michael; Rooij, Maarten van; Winter, Joachim

    2009-01-01

    Despite its importance for the analysis of life-cycle behavior, stock ownership by households is poorly understood. Among other approaches to the investigation of this puzzle, recent research has elicited the expectations of stock market returns by individuals. This paper reports findings from a study that collected data over a two-year period both on stock market expectations (subjective probabilities of gains or losses) and on stock ownership. On average stock market expectations are much m...

  9. MORPHOLOGICAL AND PRODUCTIVE CHARACTERISTICS OF TWO TSIGAIE ECOTYPES, USED AS GENETIC STOCK

    OpenAIRE

    MICLEA, V.; M. ZĂHAN; AL. NAGY; V. RĂU; S. DĂRĂBAN; ILEANA MICLEA

    2013-01-01

    This paper investigates the morphological and productive characteristics of two Tsigaie ecotypes belonging to the red variety. They represent genetic stock and semen, oocytes and embryos will be harvested from them in order to be cryopreserved. The sheep belong to the hill ecotype (Jucu farm and SCD Turda) and the mountain ecotype (SCDCOC Reghin). Body dimensions and weight are characteristic for the breed and prove the superiority of the hill ecotype over the mountain ecotype. The difference...

  10. Relationships between trout stocking and amphibians in British Columbia's Southern Interior lakes

    OpenAIRE

    Hirner, Joanna Lynne McGarvie

    2006-01-01

    Stocking lakes with non-native trout to encourage recreational fishing causes changes in lake ecosystems that can negatively affect biodiversity. I examined associations between rainbow trout (Oncorhynchus mykiss) and amphibians in small lakes of British Columbia’s Southern Interior by comparing abundance, growth, and probability of presence of aquatic breeding amphibians between lakes with and without trout. My evidence suggests that abundance of long-toed salamander (Ambystoma macrodactylum...

  11. Short-term selective breeding for High and Low prepulse inhibition of the acoustic startle response; pharmacological characterization and QTL mapping in the selected lines

    OpenAIRE

    Hitzemann, Robert; Malmanger, Barry; Belknap, John; Darakjian, Priscila; McWeeney, Shannon

    2008-01-01

    Selective breeding offers several important advantages over using inbred strain panels in detecting genetically correlated traits to the selection phenotype. The purpose of the current study was to selectively breed for prepulse inhibition (PPI) of the acoustic startle response (ASR), to pharmacologically and behaviorally characterize the selected lines and to use the lines for quantitative trait loci (QTL) mapping. Starting with heterogeneous stock mice formed by crossing the C57BL/6J, DBA/2...

  12. Production objectives and trait preferences of village poultry producers of Ethiopia: implications for designing breeding schemes utilizing indigenous chicken genetic resources

    OpenAIRE

    Mullu, N.D.; Waaij, van der, E.H.; Dessie, T.; van Arendonk,

    2010-01-01

    To generate information essential for the implementation of breeding schemes suitable for village poultry producers in Ethiopia, a survey was conducted aimed at defining the socioeconomic characteristics of the production environments in different geographic regions, understanding the important functions of chickens, identifying farmers’ choice of chicken breeds and the underlying factors that determine the choice of genetic stock used. The survey included both questionnaire survey and a part...

  13. Stock discrimination in Great Lakes Walleye using mitochondrial DNA restriction analysis

    International Nuclear Information System (INIS)

    Over the past two years it has become evident that because of its strict maternal inheritance and rapid rate of evolutionary differentiation, mitochondrial (mt) DNA diversity offers exceptional promise in the discrimination of fish stocks. The current project aims to determine the extent of mt DNA variation among stocks of walleye (Stizostedion vitreum) from the Great Lakes. At this point, mt DNA has been isolated from 68 walleye representing the Thames River stock and a reef breeding stock from western Lake Erie, as well as from individuals of S. canadense, a species which hybridizes with S. vitreum. Mitochondrial DNA was extracted from livers of these fish, purified by CsCl density gradient centrifugation and digested using 20 endonucleases. Polymorphisms were detected with 8 of the enzymes. There was a great deal of variation among fish from both spawning populations, so much so that individual fish could be identified by this technique. No single enzyme allowed discrimination of the two stocks, but restriction pattern variation following Dde I digestion permitted separation of 50% of Lake Erie fish from Thames River stock. Comparison of mt DNA restriction patterns of walleye and sauger showed that two species are easily separable, setting the stage for a more detailed study of hybridization between the taxa

  14. Breeding for Improved Disease Resistance in Organic Farming – Possibilities and Constraints

    Directory of Open Access Journals (Sweden)

    Magnusson Ulf

    2002-03-01

    Full Text Available Lowered incidences of disease may be reached in several ways: management and rearing measures, vaccination programmes and preventive medications as well as breeding for improved disease resistance. Here the focus is on breeding for improved resistance to infectious diseases. In comparison to conventional farming, one has to acknowledge that the spectrum of diseases in animals reared under organic conditions is different and that the proportion of the breeding stock of animals in organic farming is considerably smaller. There are at least four different approaches that may be used in breeding towards resistance to infectious diseases. The most obvious is to record disease incidence in the progeny and select those parents that produce the progeny with the lowest incidences of disease. Another approach is to use breeders possessing certain major histo-compatibility complex antigens suggested being associated with resistance to certain infections. A third approach is to analyse the heritability of a set of immune functions or related traits crucial for resistance to infections and then use the traits with high heritability in breeding programmes. Finally, one may genetically select animals for high immune response using an index that combines estimated breeding values for several immunological traits. Examples of these various approaches are given and the feasibility for using these in organic farming are discussed.

  15. Economic values for production traits for different sheep breeds in Kosovo

    Directory of Open Access Journals (Sweden)

    Hysen Bytyqi

    2015-10-01

    Full Text Available Generally, all traits of economic importance should be included in the breeding goal of livestock breeding programmes. The main aim of this study was to examine economic values for a combination of dairy and meat traits of the dual purpose Bardhoka (BAR, Balusha (BAL, Sharri (SHA and Kosova (KOS sheep breeds in Kosovo. The underlying herd model is based on a deterministic approach considering a sheep flock with milk production, lamb fattening and replacement stock. In order to examine the economic impact for different sheep breeds, the production traits considered were milk (milk yield and fattening (daily gain. For each lactation cycle among the breeds the main revenues resulted from selling milk (€ 61.82/46.03/26.37/27.22 and fattened lambs (€ 34.06/39.88/35.42/33.92 for BAR/BAL/ SHA/KOS, respectively. For BAR and BAL the economic value per average ewe place and year was € 37.7 for both breeds, while for SHA and KOS it was € 35.1 and € 32.5, respectively. For lamb fattening, daily gain was found to have the highest economic value at € 7.00 for BAL, SHA and KOS, while for BAR it was € 6.67. The relative economic values for milk yield and daily gain for BAR, BAL, SHA and KOS were 84.96:15.04, 84.42:15.58, 83.45:16.55, and 82.36:17.64, respectively.

  16. Evolution, plant breeding and biodiversity

    Directory of Open Access Journals (Sweden)

    Salvatore Ceccarelli

    2011-11-01

    Full Text Available This paper deals with changes in biodiversity during the course of evolution, plant domestication and plant breeding. It shows than man has had a strong influence on the progressive decrease of biodiversity, unconscious at first and deliberate in modern times. The decrease in biodiversity in the agricultures of the North causes a severe threat to food security and is in contrasts with the conservation of biodiversity which is part of the culture of several populations in the South. The concluding section of the paper shows that man could have guided evolution in a different way and shows an example of participatory plant breeding, a type of breeding which is done in collaboration with farmers and is based on selection for specific adaptation. Even though participatory plant breeding has been practiced for only about 20 years and by relatively few groups, the effects on both biodiversity and crop production are impressive. Eventually the paper shows how participatory plant breeding can be developed into ‘evolutionary plant breeding’ to cope in a dynamic way with climate changes.

  17. Genetic monitoring of supportive breeding in brown trout ( Salmo trutta L.), using microsatellite DNA markers

    DEFF Research Database (Denmark)

    Hansen, Michael Møller; Eg Nielsen, Einar; Ruzzante, D.E.; Bouza, C.; Mensberg, Karen-Lise Dons

    2000-01-01

    Stocking with offspring of local wild fish, so-called supportive breeding, is often advocated as an alternative to stocking domesticated fish. However, it is important to ensure that supportive breeding does not result in inbreeding and loss of genetic variability. We analysed eight microsatellit...... two populations subject to supportive breeding, there were strong indications of reduced effective population sizes, and significant genetic differentiation was observed between different samples from the same population....... loci in samples of wild and hatchery-reared brown trout (Salmo trutta) from three populations subject to supportive breeding. For calibrating statistical procedures, we included two test samples of reared offspring for which the precise number of parent fish was known and a sample from a further wild...... reference population. Three different statistical procedures were used to detect population bottlenecks and loss of variability: (i) a randomization test for comparing allelic diversity between samples; (ii) estimates of effective number of breeders from gametic-phase disequilibrium; and (iii) a test for...

  18. Stock Market Screening: An Analogical Study on Conventional and Shariah-Compliant Stock Markets

    OpenAIRE

    Gholamreza Zandi; Dzuljastri Abdul Razak; Nur Hidayah Hussin

    2014-01-01

    Benchmarking Shariah-Compliant stocks listed in Bursa Malaysia, this paper examined whether the stocks which are approved by SACSC are also considered as Shariah-Compliant under International Indices. 35 top Shariah-Compliant stocks listed in Bursa Malaysia were examined against four stock screening criteria of DJIM, MSCI, FTSE and S&P. Due to the differences in stock screening criteria, the factors evaluated that lead to variances in Shariah-Compliant status for a particular stock. The r...

  19. Geo-Financial Association of Ukrainian Stock Market with European Stock Exchanges: Modern Trends

    OpenAIRE

    Olena Slozko; Anna Glazova

    2015-01-01

    The paper investigates geo-financial association of Ukrainian stock market within the system of European stock exchange mechanisms. It analyzes current trends on Ukrainian stock exchanges and aims at considering and drawing possible ways and paths for integrating the Ukrainian stock market into the European stock exchange market framework. The authors believe that IT network is a strong background for further sustainable transformation of Ukrainian stock market and its consolidation with the ...

  20. Role And Place Of Stock Indices In Informational Flows Of Domestic Stock Market

    OpenAIRE

    Maksym Zaporozhets

    2014-01-01

    This article deals with informational flows of modern stock market and the place of stock indices is determined in them. The analysis of existing regulating demands concerning the information disclosure by different market participants (first of all, stock exchanges) is made. Requirements for stock information which significantly increase the transparency of all stock market and the role of stock indices as market indicators are distinguished.

  1. Stock market uncertainty and the relation between stock and bond returns

    OpenAIRE

    Chris Stivers; Licheng Sun

    2002-01-01

    The authors examine how the co-movement between daily stock and Treasury bond returns varies with stock market uncertainty. They use the lagged implied volatility from equity index options to provide an objective, observable, and dynamic measure of stock market uncertainty. The authors find that stock and bond returns tend to move substantially together during periods of lower stock market uncertainty. However, stock and bond returns tend to exhibit little relation or even a negative relation...

  2. Price Earnings Ratio and Stock Return Analysis (Evidence from Liquidity 45 Stocks Listed in Indonesia Stock Exchange

    Directory of Open Access Journals (Sweden)

    Liem Pei Fun

    2012-01-01

    Full Text Available Price to Earnings Ratio (PE Ratio has been broadly used by analysts and investors for stock selection. Stocks with low PE ratio are perceived as having cheaper current price hence expected to generate higher return in subsequent period. This paper aims to examine predictability of stock return using PE Ratio based on historical relationship between PE Ratio and subsequent stock return. Particularly, it seeks to find whether stocks with high PE Ratio followed by low stocks return and on the contrary, stocks with low PE Ratio followed by high stocks return. Using stocks which are included as member of Liquidity 45 and observation period 2005-2010 as samples, results show that there is significance difference between low PE and high PE portfolio stock return in short term (holding period of 6 months but there is no significance difference between both portfolio stock return if they are hold for one, two, three, and four years. This research also finds that there is no significant relationship between stock return and (trailing PE Ratio which suggests that (trailing PE Ratio is not useful in estimating both short term and long term stock returns

  3. Breeding monkeys for biomedical research

    Science.gov (United States)

    Bourne, G. H.; Golarzdebourne, M. N.; Keeling, M. E.

    1973-01-01

    Captive bred rhesus monkeys show much less pathology than wild born animals. The monkeys may be bred in cages or in an outdoor compound. Cage bred animals are not psychologically normal which makes then unsuited for some types of space related research. Compound breeding provides contact between mother and infant and an opportunity for the infants to play with their peers which are important requirements to help maintain their behavioral integrity. Offspring harvested after a year in the compound appear behaviorally normal and show little histopathology. Compound breeding is also an economical method for the rapid production of young animals. The colony can double its size about every two and a half years.

  4. Do Earthquakes Shake Stock Markets?

    Science.gov (United States)

    Ferreira, Susana; Karali, Berna

    2015-01-01

    This paper examines how major earthquakes affected the returns and volatility of aggregate stock market indices in thirty-five financial markets over the last twenty years. Results show that global financial markets are resilient to shocks caused by earthquakes even if these are domestic. Our analysis reveals that, in a few instances, some macroeconomic variables and earthquake characteristics (gross domestic product per capita, trade openness, bilateral trade flows, earthquake magnitude, a tsunami indicator, distance to the epicenter, and number of fatalities) mediate the impact of earthquakes on stock market returns, resulting in a zero net effect. However, the influence of these variables is market-specific, indicating no systematic pattern across global capital markets. Results also demonstrate that stock market volatility is unaffected by earthquakes, except for Japan. PMID:26197482

  5. Accuracy of direct genomic breeding values for nationally evaluated traits in US Limousin and Simmental beef cattle

    Directory of Open Access Journals (Sweden)

    Saatchi Mahdi

    2012-12-01

    . The efficiencies were higher for 323 non-genotyped young Simmental animals, born after January 2012, and ranged from 0.60 to 2.04. Conclusions Direct genomic breeding values show promise for routine use by Limousin and Simmental breeders to improve the accuracy of predicted genetic merit of their animals at a young age and increase response to selection. Benefits from selecting on direct genomic breeding values are greater for breeders who use natural mating sires in their herds than for those who use artificial insemination sires. Producers with unregistered commercial Limousin and Simmental cattle could also benefit from being able to identify genetically superior animals in their herds, an opportunity that has in the past been limited to seed stock animals.

  6. Phylogenetic relationships of three Italian merino-derived sheep breeds evaluated through a complete mitogenome analysis.

    Directory of Open Access Journals (Sweden)

    Hovirag Lancioni

    Full Text Available In Italy, the crisis of the wool industry triggered the necessity to reconvert the two traditional Merino-derived breeds, Gentile di Puglia and Sopravissana, to meat production, by creating the Merinizzata Italiana. The aim of the present study was to assess the genetic diversity of these three Italian Merino-derived (IMd breeds by examining the molecular information encoded in the maternally-inherited mitochondrial DNA (mtDNA. A parallel molecular investigation was performed on the putative paternal and maternal breeds, the Merino from Spain and the Appenninica from Italy, respectively, as well as on three unrelated dairy breeds (Sarda and Comisana from Italy, and Lacaune from France. Firstly, the mtDNA control region of 291 samples was analyzed. When comparing the overall genetic distances among the eight stocks, the three IMd breeds clustered together close to the Appenninica, thus confirming its parental role. Among the 90 IMd samples, 82 different haplotypes were observed, almost all belonging to haplogroup B, and only one to A. For 23 mtDNAs, including nine IMd, the analysis was then brought to the level of entire mitogenomes. Three distinct sub-haplogroups within B were found to encompass the IMd samples, with one clade (B1a2a1 apparently restricted to those sheep. Thus, despite experiencing a drastic reduction in number (mainly due to changes in breeding practices driven by the economy, the IMd breeds still represent a reservoir of distinctive mitochondrial variants, which could potentially contribute to the development of conservation and management programs of Italian sheep breeds.

  7. 78 FR 19002 - Marine Mammal Protection Act; Draft Revised Stock Assessment Reports for Two Stocks of West...

    Science.gov (United States)

    2013-03-28

    ... Antillean manatees (Trichechus manatus manatus) and the Florida manatee stock (Trichechus manatus... Indian manatee stocks Nmin Rmax Fr PBR human-caused Stock status mortality (5- year average)...

  8. The influence of stocking density on the growth of common carp, Cyprinus carpio, in a recirculating aquaculture system

    OpenAIRE

    Ionica Enache; Victor Cristea; Tudor Ionescu; Săndita Ion

    2011-01-01

    The paper presents some aspects regarding the influence of stocking density on the breeding of the common carp in a recirculating aquaculture system (RAS). The experiment covered a 30 dayperiod. It was conducted in four aquaculture tanks, 500 L/tank, in the recirculating aquaculture pilot system of “Dunarea de Jos” University of Galați. Two kind of stocking density variants were compared: 64 kg/m3 in V1 (B1, B3) and 32 kg/m3 in V2 (B2, B4). The stocking density was: 491 fish in B1, avera...

  9. Do Stock Markets move together?

    OpenAIRE

    Xu, Nianlong

    2012-01-01

    In this paper, the purpose of this dissertation is to analyze the co-movements among Chinese, Hong Kong, the United States and Japanese stock market. This dissertation provides evidences to support the hypothesis that there may be long-term benefits for Chinese investors to diversify in the international equity markets. The evidences are based on the data from the stock markets of the United States, Hong Kong, China and Japan over the period of 1st January 2007 to 31st December 2011. Time...

  10. BIOLOGIAL TRAITS IN WALNUT BREEDING

    Directory of Open Access Journals (Sweden)

    Balapanov I. M.

    2014-09-01

    Full Text Available The article provides a review of biological traits that could be useful for selection of the walnut in diverse conditions of its growth. The most important aspects of species biology are described as they are of primary importance for breeding programs in the countries with walnut crops

  11. USDA lettuce breeding and genetics

    Science.gov (United States)

    The lettuce industry of California requires continued development of improved, adapted cultivars to meet new disease and insect problems, changes in the market, and changes in growing procedures. The USDA lettuce breeding and genetics project aims to incorporate valuable traits into crisphead, mixed...

  12. Mutation breeding in vegetable crops

    International Nuclear Information System (INIS)

    Vegetables breed by seeds and vegetative organs. In main vegetables, the differentiation of clopping types, the adoption of monoculture and year-round production and shipment are carried out, adapting to various socio-economic and cultivation conditions. Protected agriculture has advanced mainly for fruit vegetables, and the seeds for sale have become almost hybrid varieties. Reflecting the situation like this, the demand for breeding is diversified and characteristic, and the case of applying mutation breeding seems to be many. The present status of the mutation breeding of vegetables is not yet well under way, but about 40 raised varieties have been published in the world. The characters introduced by induced mutation and irradiation were compact form, harvesting aptitude, the forms and properties of stems and leaves, anti-lodging property, the size, form and uniformity of fruits, male sterility and so on. The radiation sources used were mostly gamma ray or X-ray, but sometimes, combined irradiation was used. As the results obtained in Japan, burdocks as an example of gamma ray irradiation to seeds, tomatoes as an example of inducing the compound resistance against disease injury and lettuces as an example of internal beta irradiation are reported. (Kako, I.)

  13. Induced mutations in sesame breeding

    International Nuclear Information System (INIS)

    The scope of induced mutations in sesame (Sesamum indicum L.) breeding is reviewed. So far in Egypt, India, Iraq, Rep. of Korea, and Sri Lanka, 14 officially released varieties have been developed through induced mutations: 12 directly and 2 through cross breeding (one using the 'dt45' induced mutant from Israel). For another variety released in China there are no details. The induced mutations approach was adopted primarily in order to obtain genetic variability that was not available in the germplasm collection. The mutagens commonly applied have been gamma rays, EMS and sodium azide. Sesame seeds can withstand high mutagen doses, and there are genotypic differences in sensitivity between varieties. The mutants induced in the above named countries and others include better yield, improved seed retention, determinate habit, modified plant architecture and size, more uniform and shorter maturation period, earliness, resistance to diseases, genic male sterility, seed coat color, higher oil content and modified fatty acids composition. Some of the induced mutants have already given rise to improved varieties, the breeding value of other mutants is now being assessed and still others can serve as useful markers in genetic studies and breeding programmes. (author)

  14. 1993 Waterfowl Breeding Pair Survey

    Data.gov (United States)

    US Fish and Wildlife Service, Department of the Interior — The Refuge breeding pair survey was conducted on the evening of April 29 from 5:40 pm until sunset at 7:40 pm. Weather consisted of clear skies, cool temperatures,...

  15. Nowitna NWR breeding pair survey, 1988

    Data.gov (United States)

    US Fish and Wildlife Service, Department of the Interior — This report summarizes the results of a waterfowl breeding pair survey taken on Nowitna National Wildlife Refuge in 1988. The breeding pair survey was conducted 31...

  16. Ecological problems in horse-breeding

    OpenAIRE

    Y. V. Zachinyaew; A. A. Anischenko

    2005-01-01

    In the article is represented general information devoted to environmental problems in the horse- breeding. The concept of development of ecological explorations in the horse-breeding is considered as well.

  17. Breeding for behavioural change in farm animails

    DEFF Research Database (Denmark)

    Sandøe, Peter; D'eath, RB; Lawrence, AB;

    2009-01-01

    In farm animal breeding, behavioural traits are rarely included in selection programmes despite their potential to improve animal production and welfare. Breeding goals have been broadened beyond production traits in most farm animal species to include health and functional traits...

  18. The revision of classical stock model

    Institute of Scientific and Technical Information of China (English)

    YE Bai-qing; WANG Hong-li

    2001-01-01

    On the basis of the analysis of classical stock model, according to th e limitation of the model, the article puts forward the revision of classical mo del and enforces the applicability of the stock model.

  19. The revision of classical stock model

    Institute of Scientific and Technical Information of China (English)

    叶柏青; 王洪利

    2001-01-01

    On the basis of the analysis of classical stock model, according to the limitation of the model, the article puts forward the revision of classical model and enforces the applicability of the stock model.

  20. Genetic diversity and structure of livestock breeds

    OpenAIRE

    Wilkinson, Samantha

    2012-01-01

    This thesis addresses the genetic characterisation of livestock breeds, a key aspect of the long-term future breed preservation and, thus, of primary interest for animal breeders and management in the industry. First, the genetic diversity and structure of breeds were investigated. The application of individual-based population genetic approaches at characterising genetic structure was assessed using the British pig breeds. All approaches, except for Principle Component Anal...

  1. Plant breeding and genetics newsletter. No. 1

    International Nuclear Information System (INIS)

    This is the first issue of the Plant Breeding and Genetics Newsletter. The Newsletter will inform you about current activities of the FAO/IAEA sub-programme on plant breeding and genetics which is implemented by the Plant Breeding and Genetics Section of the Joint FAO/IAEA Division of Nuclear Techniques in Food and Agriculture (Vienna) in close collaboration with the Plant Breeding Unit of the FAO/IAEA Agriculture and Biotechnology Laboratory (Seibersdorf)

  2. Plant breeding and genetics newsletter. No. 2

    International Nuclear Information System (INIS)

    This is the second issue of the Plant Breeding and Genetics Newsletter. The Newsletter will inform you about current activities of the FAO/IAEA sub-programme on plant breeding and genetics which is implemented by the Plant Breeding and Genetics Section of the Joint FAO/IAEA Division of Nuclear Techniques in Food and Agriculture (Vienna) in close collaboration with the Plant Breeding Unit of the FAO/IAEA Agriculture and Biotechnology Laboratory (Seibersdorf)

  3. THE ACCOUNTING VARIABLE AND STOCK PRICE DETERMINATION

    OpenAIRE

    Salvary, Stanley C. W.

    2005-01-01

    Several tests have been conducted to determine which valuation model best fits stock price data. Given very little success, those studies suggest the need for a clear understanding of the market process of stock price determination. This paper advances the concepts of product costing and product pricing, which pertain to financial accounting valuation and the stock market price determination, respectively. This research effort presents a workable hypothesis of stock price determination.

  4. Stock Market Equilibrium and Macroeconomic Fundamentals

    OpenAIRE

    Lamin Leigh

    1997-01-01

    This paper examines the efficiency of the Stock Exchange of Singapore and the relationship between the stock market and the overall economy. Using a wide range of methods for testing market efficiency, the paper establishes that the Singapore stock market is both “weakly” and “semi-strongly” efficient in asset-pricing terms but not “strongly” efficient. Granger causality tests based on the efficiency test results indicate that developments in the stock market appear to be systematically relat...

  5. Global Portfolio Diversification with Emerging Stock Markets

    OpenAIRE

    İlhan Meriç; Jie Ding; Gülser Meriç

    2016-01-01

    Because of their low correlation with each other and with developed stock markets, emerging stock markets are generally mentioned as attractive portfolio diversification prospects for global investors. In this paper, we use the Principal Components Analysis (PCA) method to study the global portfolio diversification opportunities for the investors of seven developed stock markets in twenty emerging stock markets with data for the January 1, 2003-January 1, 2014 period.

  6. Spartenorganisation, "Tracking Stock" und deutsches Aktienrecht

    OpenAIRE

    Baums, Theodor

    1995-01-01

    "Tracking Stock", zum Teil auch als "Targeted Stock" bezeichnet, ist eine Innovation des U.S.-amerikanischen Kapitalmarkts. Mit Tracking Stocks bezeichnet man Aktien, deren Gewinnbezugsrecht sich lediglich nach dem Ergebnis einer bestimmten Unternehmenssparte, nicht des Gesamtunternehmens, bemißt. Ein typisches Beispiel bildet die Schaffung von Tracking Stocks im Zusammenhang mit der Übernahme von Electronic Data Systems (EDS) durch General Motors im Jahre 1984. Die bisherigen Aktionäre von E...

  7. Does Arbitrage Flatten Demand Curves for Stocks?

    OpenAIRE

    Jeffrey Wurgler; Ekaterina Zhuravskaya

    2002-01-01

    In textbook theory, demand curves for stocks are kept flat by riskless arbitrage between perfect substitutes. In reality, however, individual stocks do not have perfect substitutes. We develop a simple model of demand curves for stocks in which the risk inherent in arbitrage between imperfect substitutes deters risk-averse arbitrageurs from flattening demand curves. Consistent with the model, stocks without close substitutes experience higher price jumps upon inclusion into the S&P 500 Index....

  8. Stock Returns-Inflation Relation in India

    OpenAIRE

    K. R. Shanmugam; Biswa Swarup Misra

    2008-01-01

    This study contributes to the stock returns-inflation relation literature in developing countries by revisiting the issue with reference to the emerging economy, India. More specifically, it tests whether the Indian stock market provides an effective hedge against inflation using monthly data on real stock return, inflation and real activity from April 1980 to March 2004 and a two-step estimation procedure. Results of the study indicate that (i) the Indian stock market reflects future real ac...

  9. Global Portfolio Diversification with Emerging Stock Markets

    Directory of Open Access Journals (Sweden)

    İlhan Meriç

    2016-02-01

    Full Text Available Because of their low correlation with each other and with developed stock markets, emerging stock markets are generally mentioned as attractive portfolio diversification prospects for global investors. In this paper, we use the Principal Components Analysis (PCA method to study the global portfolio diversification opportunities for the investors of seven developed stock markets in twenty emerging stock markets with data for the January 1, 2003-January 1, 2014 period.

  10. Stocks of Admired and Spurned Companies

    OpenAIRE

    Anginer, Deniz; Statman, Meir

    2010-01-01

    Do stocks of admired companies yield admirable returns? Are increases in admiration followed by high stock returns, and how reliable is the relation between admiration and returns? These questions are answered by the authors based on their study of Fortune magazine's annual list "America's Most Admired Companies." They find that from April 1983 through December 2007 stocks of admired companies had lower returns, on average, than stocks of spurned companies and that increases in admiration wer...

  11. The market efficiency in the stock markets

    OpenAIRE

    Jae-Suk Yang; Wooseop Kwak; Taisei Kaizoji; In-mook Kim

    2007-01-01

    We study the temporal evolution of the market efficiency in the stock markets using the complexity, entropy density, standard deviation, autocorrelation function, and probability distribution of the log return for Standard and Poor's 500 (S&P 500), Nikkei stock average index, and Korean composition stock price index (KOSPI). Based on the microscopic spin model, we also find that these statistical quantities in stock markets depend on the market efficiency.

  12. The Speculative Nature of Stock Market

    OpenAIRE

    Bogdan-Gabriel FILIPESCU

    2011-01-01

    This paper focuses on the speculative nature of the stock market in Romania, emphasizing the basic rules and risks associated with stock transactions. On the one hand, the speculative nature may be considered as a mandatory feature of the stock market, for the purposes of supporting a fair and efficient functioning stock system. On the other hand, the term "speculative" can be also interpreted in a negative direction, i.e. in combination with market manipulation or market abuse. Related to th...

  13. Macroeconomic Determinants of Stock Market Development

    OpenAIRE

    Valeriano F. García; Lin Liu

    1999-01-01

    Using pooled data from fifteen industrial and developing countries from 1980 to 1995, this paper examines the macroeconomic determinants of stock market development, particularly market capitalization. The paper finds that: (1) real income, saving rate, financial intermediary development, and stock market liquidity are important determinants of stock market capitalization; (2) macroeconomic volatility does not prove significant; and (3) stock market development and financial intermediary deve...

  14. Corporate Earnings and the Stock Market

    OpenAIRE

    Smith, Keith V.

    1996-01-01

    Common stock prices and returns are alleged to depend on how corporate earnings progress over time. This paper investigates at the aggregate level how certain components of corporate earnings impacted stock market prices during the 1977-93 period. The impact of market multipliers on stock market prices also is investigated. One major finding is that financial decisions, much more so than operating performance, caused the growth of stock prices during the period, while increased market multipl...

  15. Stock option compensation and equity values

    OpenAIRE

    Panu Kalmi

    2006-01-01

    I present a model where increasing employee participation in a stock option scheme leads to higher performance but with a cost to shareholders. I show that firms with higher market values per employee are more likely to have an option scheme and they offer stock options to a broader group of employees. The model yields empirical predictions that are consistent with the stock option boom of the late 1990s and their reduced popularity after the stock market decline.

  16. Portfolio Inertia and Stock Market Fluctuations

    OpenAIRE

    Bilias, Yannis; Georgarakos, Dimitris; Haliassos, Michael

    2009-01-01

    Several recent studies have addressed household participation in the stock market, but relatively few have focused on household stock trading behavior. Household trading is important for the stock market, as households own more than 40% of the NYSE capitalization directly and can also influence trading patterns of institutional investors by adjusting their indirect stock holdings. Existing studies based on administrative data offer conflicting results. Discount brokerage data show excessive t...

  17. Stock Market Cycles and Future Trend Estimation

    OpenAIRE

    Angyal (Apolzan), Carmen-Maria; Aniş, Cecilia–Nicoleta

    2012-01-01

    Contemporary period was an unprecedented growth of stock markets in both developed economies and in emerging ones. The process of financial development has led to substantial changes in the behavior of the stock markets. Recent articles have been oriented to determine the relationship between financial liberalization and stock market cycles (Edwards et al. 2003; Kaminsky and Schmukler 2003). These articles have analyzed the stock exchanges in different countries focusing on the market movemen...

  18. TRACEABILITY IN STOCK MANAGEMENT SYSTEMS

    Directory of Open Access Journals (Sweden)

    Demian Horia

    2009-05-01

    Full Text Available This paper presents traceability of a product if we are using a stock management system which uses FIFO or LIFO discharging methods. In the first part there is a little presentation regarding the four types of inputs and outputs and the side effect to the

  19. Oil risk in oil stocks

    NARCIS (Netherlands)

    Scholtens, Bert; Wang, L

    2008-01-01

    We assess the oil price sensitivities and oil risk premiums of NYSE listed oil & gas firms' returns by using a two-step regression analysis under two different arbitrage pricing models. Thus, we apply the Fama and French (1992) factor returns in a study of oil stocks. In all, we find that the return

  20. Solow Residuals Without Capital Stocks

    DEFF Research Database (Denmark)

    Burda, Michael C.; Severgnini, Battista

    2014-01-01

    investment expenditures: one eliminates the capital stock by direct substitution, while the other employs generalized differences of detrended data and the Malmquist index. In short samples, these measures can exhibit consistently lower root mean squared errors than the Solow–Törnqvist counterpart. Capital...

  1. Adelic theory of stock market

    OpenAIRE

    Zharkov, V.

    2011-01-01

    The p-adic theory of the stock market is presented. It is shown that the price dynamics is very naturally described by the adelic function. The procedure of derivation of the functional integral formulation of adelic type is derived from microscopic models using generalized supercoherent states.

  2. Stock Market Efficiency in Thin Trading Markets: The Case of the Vietnamese Stock Market

    NARCIS (Netherlands)

    Dong Loc, T.; Lanjouw, G.; Lensink, B.W.

    2010-01-01

    This article reviews developments in the Stock Trading Centre (STC) in Ho Chi Minh City, Vietnam, the main stock market in the country, since its start in 2000. It presents information about developments in the number of stocks traded, trading activity and stock-price developments. This article focu

  3. Stock-market efficiency in thin-trading markets : the case of the Vietnamese stock market

    NARCIS (Netherlands)

    Truong Dong Loc, [No Value; Lanjouw, Ger; Lensink, Robert

    2010-01-01

    This article reviews developments in the Stock Trading Centre (STC) in Ho Chi Minh City, Vietnam, the main stock market in the country, since its start in 2000. It presents information about developments in the number of stocks traded, trading activity and stock-price developments. This article focu

  4. Selection criteria in organic cattle breeding

    OpenAIRE

    Savić Mila; Dimitrijević Vladimir; Trailović Ružica; Vegara Mensur; Dimitrijević Blagoje; Bečkei Žolt; Petrujkić Branislav; Cojkić Aleksandar

    2014-01-01

    The central issue in process of organizing organic cattle breeding is the knowledge about specificities of this kind of production, good knowledge of breed characteristics (body composition, immune tolerance, expressed predisposition towards some diseases, production properties). Research centres, in collaboration with producers, have defined the essential features on which the selection programmes in organic cattle breeding are based on. Of the greatest im...

  5. Preparing Bulls for the Breeding Season

    OpenAIRE

    Bagley, Clell V., DVM

    1997-01-01

    With proper care prior to and during the breeding season, cattlemen can increase the breeding capacity of bulls. Breeding soundness evaluations and trichomoniasis testing are tools which can aid a herd manager as he makes critical decisions for next year’s calf crop.

  6. Considerations related to breed or biological type.

    Science.gov (United States)

    Van Eenennaam, Alison L

    2013-11-01

    This article reviews the literature on breed, biological type, and breeding system and their impact on female fertility, especially as they relate to heifer development. The attributes of different breeding systems and their appropriate use is discussed. In addition, the extant and emerging selection tools that are available for replacement heifer selection are reviewed. PMID:24182431

  7. 47 CFR 32.4510 - Capital stock.

    Science.gov (United States)

    2010-10-01

    ... 47 Telecommunication 2 2010-10-01 2010-10-01 false Capital stock. 32.4510 Section 32.4510... FOR TELECOMMUNICATIONS COMPANIES Instructions for Balance Sheet Accounts § 32.4510 Capital stock. (a... received for capital stock issued and outstanding. (b) Subsidiary records shall be maintained so as to...

  8. Stock market dynamics created by interacting agents

    Directory of Open Access Journals (Sweden)

    Karl-Theodor Eisele

    2006-06-01

    Full Text Available We study a stock market model, consisting in a large number of agents, going eventually to infinity, and evaluate the stock price under the influence of opinions of different agents. Next we study the behavior of prices when the market is very nervous; there appear discontinuities (phase transitions which can be interpreted as stock market crashes.

  9. Online Stock Market Games for High Schools.

    Science.gov (United States)

    Lopus, Jane; Placone, Dennis

    2002-01-01

    Identifies a Web site providing information about stock market simulations for high school economics courses. Divides the information into two tables: (1) the structure of online stock market games; and (2) the determination of portfolio values of online stock market games. States that changes and updates are available at Web sites. (JEH)

  10. Assessment and management of flatfish stocks

    Czech Academy of Sciences Publication Activity Database

    Cadrin, S.X.; Clark, W.G.; Ricard, Daniel

    2. Wiley Blackwell, 2015 - (Gibson, R.; Nash, R.; Geffen, A.; VanDerVeer, H.), s. 461-490 ISBN 978-111850115-3;978-111850119-1 Institutional support: RVO:60077344 Keywords : flatfish * stock assessment * fishery management * population dynamics * stock-recruitment relationships * stock status Subject RIV: EH - Ecology, Behaviour

  11. Students Invest in the Stock Market

    Science.gov (United States)

    Parker, George O.

    1977-01-01

    How one teacher motivated students to learn about the stock market by allowing them to actually invest money. Class discussion covered inexpensive ways to buy stock, choosing securities, and buying and selling stock. Suggestions are offered for adapting this project for use at the secondary level. (TA)

  12. Whether to sell or hold a stock

    OpenAIRE

    Rishel, Raymond

    2006-01-01

    For a simple model of a stock, whose stock price is a geometric Brownian motion in which the drift rate changes back and forth between positive and negative values, optimal selling times are computed. An infinite optimal selling time meaning you should just hold the stock.

  13. Analysis on the Influence of Stock Index Futures on Chinese Stock Market

    Institute of Scientific and Technical Information of China (English)

    王钊

    2014-01-01

    As the first product of financial futures in China, CSI 300 Stock Index Futures is a symbol of the continual improvement and development of Chinese capital market system. So it would be bound to generate immeasurable influence on Chinese capital market and financial system. Starting from introducing the relevant summaries of stock index futures, this paper analyzes the influence of the stock index futures on the fluctuation in the international stock market;then, it analyzes influence of the stock index futures on the fluctuation in Chinese stock market, in order to propose some suggestions to the policies for developing Chinese stock index futures.

  14. A demand analysis for Sahiwal breeding animals from the national sahiwal stud (NSS) between 1971 and 2007

    OpenAIRE

    Mailu, Stephen; Ndambiri, Hillary; Ritho, C; Nganga, S.I.; Miyancha, S.O.; Omboto, P.; Gudeta, Sileshi; Kibowon, Philip

    2012-01-01

    The main objective of this working paper is to trace the development of demand for Sahiwal breeding stock over the period 1971-2007. Such an analysis will enhance our understanding of what has happened on the demand side within the study period. There is only a handful of Sahiwal breeding farms existing in the country, which implies that a particular market structure exists. This paper thus traces the likely evolution of demand and provides some insights on what has happened over the period s...

  15. Emperor penguins breeding on iceshelves.

    Directory of Open Access Journals (Sweden)

    Peter T Fretwell

    Full Text Available We describe a new breeding behaviour discovered in emperor penguins; utilizing satellite and aerial-survey observations four emperor penguin breeding colonies have been recorded as existing on ice-shelves. Emperors have previously been considered as a sea-ice obligate species, with 44 of the 46 colonies located on sea-ice (the other two small colonies are on land. Of the colonies found on ice-shelves, two are newly discovered, and these have been recorded on shelves every season that they have been observed, the other two have been recorded both on ice-shelves and sea-ice in different breeding seasons. We conduct two analyses; the first using synthetic aperture radar data to assess why the largest of the four colonies, for which we have most data, locates sometimes on the shelf and sometimes on the sea-ice, and find that in years where the sea-ice forms late, the colony relocates onto the ice-shelf. The second analysis uses a number of environmental variables to test the habitat marginality of all emperor penguin breeding sites. We find that three of the four colonies reported in this study are in the most northerly, warmest conditions where sea-ice is often sub-optimal. The emperor penguin's reliance on sea-ice as a breeding platform coupled with recent concerns over changed sea-ice patterns consequent on regional warming, has led to their designation as "near threatened" in the IUCN red list. Current climate models predict that future loss of sea-ice around the Antarctic coastline will negatively impact emperor numbers; recent estimates suggest a halving of the population by 2052. The discovery of this new breeding behaviour at marginal sites could mitigate some of the consequences of sea-ice loss; potential benefits and whether these are permanent or temporary need to be considered and understood before further attempts are made to predict the population trajectory of this iconic species.

  16. Stock Market Liberalization, Stock Market Performance and Economic Growth in Kenya

    OpenAIRE

    Isaac Kimunio Kinuthia; Martin N. Etyang

    2014-01-01

    The study empirically examined whether stock market liberalization improves the functioning of domestic stock market and accelerates economic growth in Kenya. The study also assessed the kind of relationship between liberalization, stock market performance and economic growth in Kenya. Liberalization was assessed by stock market capitalization while turnover was used to asses stock market performance. The study used quarterly time series data collected through secondary sources and covered a...

  17. To breed or not to breed: a seabird's response to extreme climatic events

    OpenAIRE

    Cubaynes, Sarah; Doherty, Paul F.; Schreiber, E. A.; Gimenez, Olivier

    2010-01-01

    Intermittent breeding is an important life-history strategy that has rarely been quantified in the wild and for which drivers remain unclear. It may be the result of a trade-off between survival and reproduction, with individuals skipping breeding when breeding conditions are below a certain threshold. Heterogeneity in individual quality can also lead to heterogeneity in intermittent breeding. We modelled survival, recruitment and breeding probability of the red-footed booby (Sula sula), usin...

  18. Canine hip dysplasia: phenotypic scoring and the role of estimated breeding value analysis.

    Science.gov (United States)

    Soo, M; Worth, Aj

    2015-03-01

    Canine hip dysplasia (CHD) is a developmental orthopaedic disease of the coxofemoral joints with a multifactorial mode of inheritance. Multiple gene effects are influenced by environmental factors; therefore, it is unlikely that a simple genetic screening test with which to identify susceptible individuals will be developed in the near future. In the absence of feasible methods for objectively quantifying clinical CHD, radiographic techniques have been developed and widely used to identify dogs for breeding which are less affected by the disease. A hip-extended ventrodorsal view of the pelvis has been traditionally used to identify dogs with subluxation and/or osteoarthritis of the coxofemoral joints. More recently, there has been emphasis on the role of coxofemoral joint laxity as a determinant of CHD and methods have been developed to measure passive hip laxity. Though well-established worldwide, the effectiveness of traditional phenotypic scoring schemes in reducing the prevalence of CHD has been variable. The most successful implementation of traditional CHD scoring has occurred in countries or breeding colonies with mandatory scoring and open registries with access to pedigree records. Several commentators have recommended that for quantitative traits like CHD, selection of breeding stock should be based on estimated breeding values (EBV) rather than individual hip score/grade. The EBV is a reflection of the genetic superiority of an animal compared to its counterparts and is calculated from the phenotype of an individual and its relatives and their pedigree relationship. Selecting breeding stock on the basis of a dog's genetic merit, ideally based on a highly predictive phenotype, will confer the breeder with greater selection power, accelerate genetic improvement towards better hip conformation and thus more likely decrease the prevalence of CHD. PMID:25072401

  19. Current trends in plant breeding

    International Nuclear Information System (INIS)

    The current world population is 6 billion and it is likely to reach 7 billion in 2010 and 8 billion 2025. Sufficient food must be produced for the ever increasing human population. The available suitable land for intensive agriculture is limited. We have to produce more food from less land, pesticide, labour and water resources. Hence, increase in crop productivity are essential to feed the world in the next century. Plant breeding provides the avenue to increase the food production to feed the growing world population. Development of a cultivar involves (I) Construction of a genetic model (II) creating a gene pool (III) selection among plants and (IV) testing the selected genotypes for adaptation to the biotic and abiotic environments (Frey, 1999). This paper discusses the trends in plant breeding using the oil palm as a model. It covers (i) genetic resources (ii) physiological traits (III) exploitation of genotype x environment interaction (IV) oil palm clones, and (v) biotechnology application. (Author)

  20. ITER reference breeding blanket design

    Energy Technology Data Exchange (ETDEWEB)

    Ferrari, M. [ENEA, Frascati (Italy); Bianchi, A. [EFET, Ansaldo Ricerche, Genova (Italy); Celentano, G. [ENEA, ERG-FUS, Centro di Frascati, Via Enrico Fermi, 27, P.O. Box 65, I-00044, Frascati (IT)] [and others

    1999-11-01

    The ITER reference breeding blanket design is water-cooled and is characterised by the use of the neutronic multiplier and breeder materials in the form of pebbles. Besides the achievement, with margin, of the tritium breeding ratio (TBR) minimum requirement, it exhibits an internal layout allowing it to withstand properly electromagnetic loads during plasma disruption and vertical displacement events, and pressure loads in case of rupture of an internal cooling channel (i.e. in-box LOCA). During the first part of 1998, the design has been optimised improving the performance in terms of TBR, enlarging the design margins with respect to the dimensioning loads and investigating in detail the global behaviour of the system during normal and off-normal conditions. (orig.)

  1. ITER reference breeding blanket design

    International Nuclear Information System (INIS)

    The ITER reference breeding blanket design is water-cooled and is characterised by the use of the neutronic multiplier and breeder materials in the form of pebbles. Besides the achievement, with margin, of the tritium breeding ratio (TBR) minimum requirement, it exhibits an internal layout allowing it to withstand properly electromagnetic loads during plasma disruption and vertical displacement events, and pressure loads in case of rupture of an internal cooling channel (i.e. in-box LOCA). During the first part of 1998, the design has been optimised improving the performance in terms of TBR, enlarging the design margins with respect to the dimensioning loads and investigating in detail the global behaviour of the system during normal and off-normal conditions. (orig.)

  2. What Does Stock Ownership Breadth Measure?

    Science.gov (United States)

    Choi, James J; Jin, Li; Yan, Hongjun

    2013-07-01

    Using holdings data on a representative sample of all Shanghai Stock Exchange investors, we show that increases in ownership breadth (the fraction of market participants who own a stock) predict low returns: highest change quintile stocks underperform lowest quintile stocks by 23% per year. Small retail investors drive this result. Retail ownership breadth increases appear to be correlated with overpricing. Among institutional investors, however, the opposite holds: Stocks in the top decile of wealth-weighted institutional breadth change outperform the bottom decile by 8% per year, consistent with prior work that interprets breadth as a measure of short-sales constraints. PMID:24764801

  3. Should executive stock options be abandoned?

    OpenAIRE

    Choe, Chongwoo; Yin, Xiangkang

    2006-01-01

    Recent corporate scandals around the world have led many to single out executive stock options as one of the main culprits. More corporations are abandoning stock options and reverting to restricted stock. This paper argues that such a change is not entirely justifiable. We first provide a critical review of the pros and cons of executive stock options. We then compare option-based contracts with stock-based contracts using a simple principal-agent model with moral-hazard. In a general enviro...

  4. Use of induced mutations in the breeding of pulse crops

    International Nuclear Information System (INIS)

    Four cultivars, Trombay Vishakha-1 (TT-6) and TAT-10 of pigeonpea (Cajanus cajan (L.) Millsp.), TAP-7 of mungbean (Vigna radiata L.) and TAU-1 of blackgram (Vigna mungo Hepper), developed at the Bhabha Atomic Research Centre using induced mutations, have been released for commercial cultivation. During 1989, they covered an area of about 3.3 million hectares. The objective in the current breeding cycle was to improve these. Induced mutations, as well as selections isolated from the germplasm collected, are being used for this purpose. One of the selections (TPM-1) derived from the cross between cv. PIMS-1 and the profusely branched dwarf mutant M-71 had an 18% higher yield than the control, cv. Pusa-105, in the co-ordinated trials. It is now being tested in large scale trials. Meanwhile, a stock (RUM-5) showing an immune reaction to a local isolate of Erysiphe polygoni causing powdery mildew was identified from the germplasm. One selection (TPRM-2) derived from the cross RUM-5 x TPM-1 was completely free of the disease at two locations in a powdery mildew endemic region and had 130 and 79% higher yields than TAP-7 and a local cultivar, respectively. Pigeonpea (cv. TAT-10) was found to be tolerant to pod borers in the co-ordinated programme of pulses and is being using extensively in the national breeding programme. Induced variation has thus provided useful genetic materials for the improvement of pulse crops. (author). 11 refs, 4 tabs

  5. ARTIFICIAL PROPAGATION AND BREEDING OF MARINE FISH IN CHINA

    Institute of Scientific and Technical Information of China (English)

    洪万树; 张其永

    2002-01-01

    Since the 1990s, artificial propagation and breeding technique of marine fish in China have developed by way of increasing species and fry numbers, with special stress laid on valuable species. Large quantities of artificial fry can meet the needs of both marine cage culture and pond culture for most species. Experimental results obtained by scientists have been put into use in actual production. Fish fry production has entered a period of sustainable development. So far, at least 44 species (21 families) of marine fish have been successfully bred in China. The artificial fry number of large yellow croaker (Pseudosciaena crocea) exceeded 300 million in 1999. The species whose artificial fry numbers have each surpassed 10 million annually are red drum (Sciaenops ocellatus), Japanese seabass (Lateolabrax japonicus), cuneate drum (Nibea miichthioides), spring spawning red seabream (Pagrosomus major) and threebanded sweetlip (Plectorhynchus cinctus). Millions of artificial fry are bred annually in the species of black porgy (Sparus macrocephalus), Russell's snapper (Lutjanus russelli), javelin grunt (Pomadasys hasta), miiuy croaker (Miichthys miiuy) and skewband grunt (Hapalogenys nitens). The fish in the family Sciaenidae are the main species in artificial propagation and breeding. Some problems and prospects on marine fish culture and stock enhancement are also discussed and some proposals for sustainable development are put forward in this article.

  6. Some Questions of the Competitiveness of Hungarian Sheep-breeding

    Directory of Open Access Journals (Sweden)

    Gyula Toldi

    2003-06-01

    Full Text Available The authors did economic calculations examining the possibilities for the raise of rentability in Hungarian sheep-breeding sector. It was been counting with a flock of 300 ewes. While analysing four models were set up. The first represents the economic parameters of the present average and in a certain way traditional sheep-farming. This model, which symbolises the present situation, is able to provide maximum 47,827 HUF income for a sheperd, parallel with a loss of 843,495 HUF. The second model shows the possible production of the Hungarian merino flocks determined by its genetically limited productivity and technology. It ensures the opportunity to spend 550,000 HUF to expansion above average rental. This amount might be increased with a yearly subsidy of 450,000 HUF plus the 831,610 HUF extra EU payments. The third model is based on the results of an upgrade with prolific breeds in order to better meat performance. The possible result in this case was 1,324,412 HUF, which sum would be supplemented with the subsidies and direct EU payments. The professional management of milking stocks may raise the net income with extra 600,000 HUF. (Model number four.

  7. Mutation breeding newsletter. No. 38

    International Nuclear Information System (INIS)

    This issue contains a number of contributions from readers describing experiments in plant breeding (the individual items are indexed separately) and a report on the 30th Gamma-Field Symposium held in Tsukuba, Japan in July 1991. Also included is a list of officially released mutant varieties of seed-propagated crops taken from the FAO/IAEA database of mutant varieties. It is planned to organize a database on available crop plant mutant variety germplasm collections. Refs, figs and tabs

  8. Mutation breeding newsletter. No. 41

    International Nuclear Information System (INIS)

    This newsletter contains short descriptions of research methods for the use of radiation to induce mutations and facilitate plant breeding. This method is used to develop species of plants that can survive in harsh climates and thus provide a food supply for humans and animals. Some of the mutants discussed include a salt tolerant barley, a disease resistant shrub, a cold tolerant chickpea, a highly productive Canavalia virosa and productive tomato. Refs, figs and tabs

  9. Breeding vegetatively propagated horticultural crops

    OpenAIRE

    Dilson Antônio Bisognin

    2011-01-01

    Horticulture is an important part of agriculture with many important crops being vegetatively propagated. Theobjectives of this work were to discuss some of the most important characteristics of vegetatively propagated crops and the breedingstrategies to develop and propagate new cultivars. Vegetative propagation enables to fix favorable combinations of important traits,very specific chemical compositions, superior genetic variance interactions and high levels of heterozygosity. Breeding new ...

  10. SOYBEAN - MOLECULAR ASPECTS OF BREEDING

    OpenAIRE

    Aleksandra Sudarić

    2012-01-01

    The book Soybean: Molecular Aspects of Breedingfocuses recent progress in our understanding of thegenetics and molecular biology of soybean. This book isdivided into four parts and contains 22 chapters. Part I,Molecular Biology and Biotechnology focuses advancesin molecular biology and laboratory procedures thathave been developed recently to manipulate DNA.Part II, Breeding for abiotic stress covers proteomicsapproaches form as a powerful tool for investigatingthe molecular mechanisms of the...

  11. Breeding for sustainable milk production

    OpenAIRE

    Hansen Axelsson, Helen

    2013-01-01

    The overall aim of the research reported in this thesis was to investigate ways to mitigate deterioration in functional traits and reduce the environmental impact of milk production. The more specific objectives were to obtain new information about the selection of bull dams for functional traits in an open nucleus herd, to monitor ongoing genetic trends in functional traits, and to examine a breeding program with genomic selection and contractor herds that records specific indicator traits c...

  12. Evolution, plant breeding and biodiversity

    OpenAIRE

    Salvatore Ceccarelli

    2011-01-01

    This paper deals with changes in biodiversity during the course of evolution, plant domestication and plant breeding. It shows than man has had a strong influence on the progressive decrease of biodiversity, unconscious at first and deliberate in modern times. The decrease in biodiversity in the agricultures of the North causes a severe threat to food security and is in contrasts with the conservation of biodiversity which is part of the culture of several populations in the South. The conclu...

  13. Semen quality of Italian local pig breeds

    Directory of Open Access Journals (Sweden)

    G. Gandini

    2010-01-01

    Full Text Available From 1996 to 1999 a conservation programme was carried out within the framework of EC contract “European gene banking project for the pig genetic resources” (Ollivier et al., 2001 in the Italian local pig breeds. The aims of the program included the primary characterization of the breeds, i.e. information on the organization in charge of the breed, breeding population numbers, breed description and qualifications, and field trials on productive and reproductive performances. In this context the “Semen Bank of Italian local pig breeds” was built. A total of 30,835 straws of four Italian local pig breeds (Cinta Senese, Casertana, Mora Romagnola and Nero Siciliano, collected from 42 sires, have been stored. In this work semen quality traits, lipid composition and freezability of the four Italian local pig breeds are reported.

  14. SOYBEAN - MOLECULAR ASPECTS OF BREEDING

    Directory of Open Access Journals (Sweden)

    Aleksandra Sudarić

    2012-12-01

    Full Text Available The book Soybean: Molecular Aspects of Breeding focuses recent progress in our understanding of the genetics and molecular biology of soybean. This book is divided into four parts and contains 22 chapters. Part I, Molecular Biology and Biotechnology focuses advances in molecular biology and laboratory procedures that have been developed recently to manipulate DNA. Part II, Breeding for abiotic stress covers proteomics approaches form as a powerful tool for investigating the molecular mechanisms of the plant responses to various types of abiotic stresses. Part III, Breeding for biotic stress addresses issues related to application of molecular based strategies in order to increase soybean resistance to various biotic factors. Part IV, Recent Technology reviews recent technologies into the realm of soybean monitoring, processing and product use. While the information accumulated in this book is of primary interest for plant breeders, valuable insights are also offered to agronomists, molecular biologists, physiologists, plant pathologists, food scientists and students. The book is a result of efforts made by many experts from different countries (USA, Japan, Croatia, Serbia, China, Canada, Malawi, Iran, Hong Kong, Brasil, Mexico.

  15. Charge Breeding of Radioactive Ions

    CERN Document Server

    Wenander, F J C

    2013-01-01

    Charge breeding is a technique to increase the charge state of ions, in many cases radioactive ions. The singly charged radioactive ions, produced in an isotope separator on-line facility, and extracted with a low kinetic energy of some tens of keV, are injected into a charge breeder, where the charge state is increased to Q. The transformed ions are either directed towards a dedicated experiment requiring highly charged ions, or post-accelerated to higher beam energies. In this paper the physics processes involved in the production of highly charged ions will be introduced, and the injection and extraction beam parameters of the charge breeder defined. A description of the three main charge-breeding methods is given, namely: electron stripping in gas jet or foil; external ion injection into an electron-beam ion source/trap (EBIS/T); and external ion injection into an electron cyclotron resonance ion source (ECRIS). In addition, some preparatory devices for charge breeding and practical beam delivery aspects ...

  16. Cross-correlations in Warsaw Stock Exchange

    CERN Document Server

    Rak, R; Drozdz, S; Oswiecimka, P

    2008-01-01

    We study the inter-stock correlations for the largest companies listed on Warsaw Stock Exchange and included in the WIG20 index. Our results from the correlation matrix analysis indicate that the Polish stock market can be well described by a one factor model. We also show that the stock-stock correlations tend to increase with the time scale of returns and they approach a saturation level for the time scales of at least 200 min, i.e. an order of magnitude longer than in the case of some developed markets. We also show that the strength of correlations among the stocks crucially depends on their capitalization. These results combined with our earlier findings together suggest that now the Polish stock market situates itself somewhere between an emerging market phase and a mature market phase.

  17. Effects of Duroc Breeding Lines on Carcass Composition and Meat Quality.

    Science.gov (United States)

    Choi, Jung-Seok; Jin, Sang-Keun; Choi, Yang-Il; Lee, Jae-Joon

    2015-01-01

    This study was performed to investigate the carcass composition and pork quality of Duroc breeding lines in Korea. A total of 200 Duroc pigs were used, and those were originated from four different great-grandparent (GGP) breeding stock farms (L1: N farm, L2: W farm, L3: S farm, L4: R farm). The carcasses of pigs from these farms were collected, and meat quality traits were evaluated. L1 and L2 had smaller carcass weights and thin backfat, whereas L3 and L4 had heavy carcass weights and thick backfat. L3 and L4 had higher contents of fat and protein than L1 and L2. For the meat quality characteristics, L1, L2, and L4 had higher pH values than L3. In addition, L4 had higher water holding capacity than the other lines. L4 had the highest sensory evaluation scores with regard to both juiciness and flavor. Consequently, the study results indicate that pork quality information from domestic Duroc breeding stock lines could be used to effectively improve pork quality in Korea. PMID:26761803

  18. Taxonomy of Stock Market Indices

    OpenAIRE

    Giovanni Bonanno; Nicolas Vandewalle; Mantegna, Rosario N.

    2000-01-01

    We investigate sets of financial non-redundant and nonsynchronously recorded time series. The sets are composed by a number of stock market indices located all over the world in five continents. By properly selecting the time horizon of returns and by using a reference currency we find a meaningful taxonomy. The detection of such a taxonomy proves that interpretable information can be stored in a set of nonsynchronously recorded time series.

  19. Statistical modelling of fish stocks

    DEFF Research Database (Denmark)

    Kvist, Trine

    1999-01-01

    for modelling the dynamics of a fish population is suggested. A new approach is introduced to analyse the sources of variation in age composition data, which is one of the most important sources of information in the cohort based models for estimation of stock abundancies and mortalities. The approach combines...... and it is argued that an approach utilising stochastic differential equations might be advantagous in fish stoch assessments....

  20. CEO Confidence and Stock Returns

    OpenAIRE

    Roger Best

    2008-01-01

    In this research, I explore whether announcements of CEO confidence contain new information for investors. Information asymmetry implies that insiders such as Chief Executive Officers should have better information regarding the firm prospects than the average stock market participant. Thus, announcements of CEO perceptions may provide valuable insights to investors. Utilizing The Conference Board quarterly measures of CEO confidence and CEO six-month economic outlook, I find significant corr...

  1. Is the stock market efficient?

    Science.gov (United States)

    Malkiel, B G

    1989-03-10

    A stock market is said to be efficient if it accurately reflects all relevant information in determining security prices. Critics have asserted that share prices are far too volatile to be explained by changes in objective economic events-the October 1987 crash being a case in point. Although the evidence is not unambiguous, reports of the death of the efficient market hypothesis appear premature. PMID:17808264

  2. Stock market and capital market

    OpenAIRE

    Dziková, Iveta

    2012-01-01

    The bachelor thesis provides an overview of selected topics related to the capital market. For completeness, the first part deals with the financial market whose characteristics can then be applied to the capital market. Furthermore, the stock exchange with its important features is introduced as well as the over-the-counter market, which is recently undergoing dramatic changes. Investment instruments are also listed in the thesis and the nature of the individual groups that make up the finan...

  3. Tick size and stock returns

    Science.gov (United States)

    Onnela, Jukka-Pekka; Töyli, Juuso; Kaski, Kimmo

    2009-02-01

    Tick size is an important aspect of the micro-structural level organization of financial markets. It is the smallest institutionally allowed price increment, has a direct bearing on the bid-ask spread, influences the strategy of trading order placement in electronic markets, affects the price formation mechanism, and appears to be related to the long-term memory of volatility clustering. In this paper we investigate the impact of tick size on stock returns. We start with a simple simulation to demonstrate how continuous returns become distorted after confining the price to a discrete grid governed by the tick size. We then move on to a novel experimental set-up that combines decimalization pilot programs and cross-listed stocks in New York and Toronto. This allows us to observe a set of stocks traded simultaneously under two different ticks while holding all security-specific characteristics fixed. We then study the normality of the return distributions and carry out fits to the chosen distribution models. Our empirical findings are somewhat mixed and in some cases appear to challenge the simulation results.

  4. Storage protein-2 as a dependable biochemical index for screening germplasm stocks of the silkworm Bombyx mori (L.

    Directory of Open Access Journals (Sweden)

    Jingade H. Anuradha

    2012-09-01

    Full Text Available Storage protein (SP-2 variation was investigated among selected silkworm germplasm stocks representing two major potential sericulture areas of India. The expression levels of storage protein varied among them, as seen in Sodium Dodecylsulfate Polyacrylamide Gel Electrophoresis (SDS-PAGE, which correlated with their geographical origin. The storage protein variation is an inter origin variability and this differential expression of the protein is helpful to tag the robustness of the breed/race associated with parentage and their origin. Present study revealed that silkworm races/breeds viz., LMO, Kolar Gold and A4e possess higher protein content among the races studied. This may be correlated with their robustness reflecting higher survival rate in the varied environments prevailing in the tropical zone. Such identified races can be conserved as storage protein rich genetic stocks for their maximal genetic potentials and high-grade silk productivity.

  5. Breeds in danger of extintion and biodiversity

    Directory of Open Access Journals (Sweden)

    A. Blasco

    2008-07-01

    Full Text Available Some arguments currently used to support breed conservation are examined. The central point is that we cannot conserve all breeds because we do not have financial resources enough to keep everything (mainly in developing countries and in many cases we do not have special reasons to conserve breeds. A breed is a human product and it should not be confused with specie. A breed can be generated or transformed. We can create synthetic breeds with the best characteristics of several breeds. Selection is not exhausting genetic variability (there are several experiments showing that, and genetic variability within breeds is large. We need reasons to keep breeds in danger in extinction. A breed is a tool, and we can decide to keep it when it is useful because it is specially adapted to some environments (although in this case it should not be in danger of extinction, it can be useful in crossbreeding to shorten the way of obtaining response to selection, or it has some extreme values for traits that may be useful in the future (in this case we have to define clearly which traits and how we expect the future to be. We can add cultural reasons when we have money enough to spend in culture.

  6. The past and future of food stocks

    Science.gov (United States)

    Laio, Francesco; Ridolfi, Luca; D'Odorico, Paolo

    2016-03-01

    Human societies rely on food reserves and the importation of agricultural goods as means to cope with crop failures and associated food shortage. While food trade has been the subject of intensive investigations in recent years, food reserves remain poorly quantified. It is unclear how food stocks are changing and whether they are declining. In this study we use food stock records for 92 products to reconstruct 50 years of aggregated food reserves, expressed in caloric equivalent (kcal), at the regional and global scales. A detailed statistical analysis demonstrates that the overall regional and global per-capita food stocks are stationary, challenging a widespread impression that food reserves are shrinking. We develop a statistically-sound stochastic representation of stock dynamics and take the stock-halving probability as a measure of the natural variability of the process. We find that there is a 20% probability that the global per-capita stocks will be halved by 2050. There are, however, some strong regional differences: Western Europe and the region encompassing North Africa and the Middle East have smaller halving probabilities and smaller per-capita stocks, while North America and Oceania have greater halving probabilities and greater per-capita stocks than the global average. Africa exhibits low per-capita stocks and relatively high probability of stock halving by 2050, which reflects a state of higher food insecurity in this continent.

  7. Prediction of Stock Performance Using Analytical Techniques

    Directory of Open Access Journals (Sweden)

    Carol Hargreaves

    2013-05-01

    Full Text Available With an easy access to share information and data nowadays, many investors worldwide are interested in predicting stock prices. The prediction of stock prices using data mining techniques applied to technical variables has been widely researched but not much research to date has been done in applying data mining techniques to both technical and fundamental information. This paper is based on a personal approach to stock selection, using both technical and fundamental information. In this paper we construct a framework that enables us to make class predictions about industrial stock performances. In order to have a systemized approach for the selection of stocks and a high likelihood of the performance of the stock price increasing, several analytical techniques are applied. A trading strategy is also designed and the performance of the stocks evaluated. Our two goals are to validate our stock selection methodology and to determine whether our trading strategy allows us to outperform the Australian market. Simulation results show that our selected stock portfolios outperform the Australian All-Ordinaries Index. Our findings justify the use of analytics for classification and prediction purposes. Further, in conclusion, we can safely say that our stock selection and trading strategy outperformed the Australian Ordinary index.

  8. The past and future of food stocks

    International Nuclear Information System (INIS)

    Human societies rely on food reserves and the importation of agricultural goods as means to cope with crop failures and associated food shortage. While food trade has been the subject of intensive investigations in recent years, food reserves remain poorly quantified. It is unclear how food stocks are changing and whether they are declining. In this study we use food stock records for 92 products to reconstruct 50 years of aggregated food reserves, expressed in caloric equivalent (kcal), at the regional and global scales. A detailed statistical analysis demonstrates that the overall regional and global per-capita food stocks are stationary, challenging a widespread impression that food reserves are shrinking. We develop a statistically-sound stochastic representation of stock dynamics and take the stock-halving probability as a measure of the natural variability of the process. We find that there is a 20% probability that the global per-capita stocks will be halved by 2050. There are, however, some strong regional differences: Western Europe and the region encompassing North Africa and the Middle East have smaller halving probabilities and smaller per-capita stocks, while North America and Oceania have greater halving probabilities and greater per-capita stocks than the global average. Africa exhibits low per-capita stocks and relatively high probability of stock halving by 2050, which reflects a state of higher food insecurity in this continent. (letter)

  9. Accuracies of genomically estimated breeding values from pure-breed and across-breed predictions in Australian beef cattle

    OpenAIRE

    Boerner, Vinzent; David J Johnston; Tier, Bruce

    2014-01-01

    International audience AbstractBackgroundThe major obstacles for the implementation of genomic selection in Australian beef cattle are the variety of breeds and in general, small numbers of genotyped and phenotyped individuals per breed. The Australian Beef Cooperative Research Center (Beef CRC) investigated these issues by deriving genomic prediction equations (PE) from a training set of animals that covers a range of breeds and crosses including Angus, Murray Grey, Shorthorn, Hereford, B...

  10. Storage protein-2 as a dependable biochemical index for screening germplasm stocks of the silkworm Bombyx mori (L.)

    OpenAIRE

    Jingade H. Anuradha; Perumal Somasundaram; Vishnupriya, S.; A. Manjula

    2012-01-01

    Storage protein (SP-2) variation was investigated among selected silkworm germplasm stocks representing two major potential sericulture areas of India. The expression levels of storage protein varied among them, as seen in Sodium Dodecylsulfate Polyacrylamide Gel Electrophoresis (SDS-PAGE), which correlated with their geographical origin. The storage protein variation is an inter origin variability and this differential expression of the protein is helpful to tag the robustness of the breed/r...

  11. Breeding schemes in reindeer husbandry

    Directory of Open Access Journals (Sweden)

    Lars Rönnegård

    2003-04-01

    Full Text Available The objective of the paper was to investigate annual genetic gain from selection (G, and the influence of selection on the inbreeding effective population size (Ne, for different possible breeding schemes within a reindeer herding district. The breeding schemes were analysed for different proportions of the population within a herding district included in the selection programme. Two different breeding schemes were analysed: an open nucleus scheme where males mix and mate between owner flocks, and a closed nucleus scheme where the males in non-selected owner flocks are culled to maximise G in the whole population. The theory of expected long-term genetic contributions was used and maternal effects were included in the analyses. Realistic parameter values were used for the population, modelled with 5000 reindeer in the population and a sex ratio of 14 adult females per male. The standard deviation of calf weights was 4.1 kg. Four different situations were explored and the results showed: 1. When the population was randomly culled, Ne equalled 2400. 2. When the whole population was selected on calf weights, Ne equalled 1700 and the total annual genetic gain (direct + maternal in calf weight was 0.42 kg. 3. For the open nucleus scheme, G increased monotonically from 0 to 0.42 kg as the proportion of the population included in the selection programme increased from 0 to 1.0, and Ne decreased correspondingly from 2400 to 1700. 4. In the closed nucleus scheme the lowest value of Ne was 1300. For a given proportion of the population included in the selection programme, the difference in G between a closed nucleus scheme and an open one was up to 0.13 kg. We conclude that for mass selection based on calf weights in herding districts with 2000 animals or more, there are no risks of inbreeding effects caused by selection.

  12. Gamma radiation and plant breeding

    International Nuclear Information System (INIS)

    The Radiation Breeding Laboratory of the Agricultural Technic Institute, Ministry of Agriculture, Forestry and Fisheries has a gamma ray field, which ranks second in the world in capacity and scale, and other gamma ray irradiation facilities. In commemoration of its 20th anniversary, the booklet described the history up to its establishment and introduced various facilities and the achievements of the laboratory. It also reviewed improved varieties produced by irradiation upon request and introduced radiation-improved varieties in Japan and abroad, characteristics of these mutation-improved varieties and irradiation methods. (Chiba, N.)

  13. Charge Breeding of Radioactive Ions

    OpenAIRE

    Wenander, F. J. C.

    2014-01-01

    Charge breeding is a technique to increase the charge state of ions, in many cases radioactive ions. The singly charged radioactive ions, produced in an isotope separator on-line facility, and extracted with a low kinetic energy of some tens of keV, are injected into a charge breeder, where the charge state is increased to Q. The transformed ions are either directed towards a dedicated experiment requiring highly charged ions, or post-accelerated to higher beam energies. In this paper the phy...

  14. The stock selection problem: Is the stock selection approach more important than the optimization method? Evidence from the Danish stock market

    OpenAIRE

    Klaus Grobys

    2011-01-01

    Passive investment strategies basically aim to replicate an underlying benchmark. Thereby, the management usually selects a subset of stocks being employed in the optimization procedure. Apart from the optimization procedure, the stock selection approach determines the stock portfolios’ out-of-sample performance. The empirical study here takes into account the Danish stock market from 2000-2010 and gives evidence that stock portfolios including small companies’ stocks being estimated via coin...

  15. Visualization of a stock market correlation matrix

    Science.gov (United States)

    Rea, Alethea; Rea, William

    2014-04-01

    This paper presents a novel application of Neighbor-Net, a clustering algorithm developed for constructing a phylogenetic network in the field of evolutionary biology, to visualizing a correlation matrix. We apply Neighbor-Net as implemented in the SplitsTree software package to 48 stocks listed on the New Zealand Stock Exchange. We show that by visualizing the correlation matrix using a Neighbor-Net splits graph and its associated circular ordering of the stocks that some of the problems associated with understanding the large number of correlations between the individual stocks can be overcome. We compare the visualization of Neighbor-Net with that provided by hierarchical clustering trees and minimum spanning trees. The use of Neighbor-Net networks, or splits graphs, yields greater insight into how closely individual stocks are related to each other in terms of their correlations and suggests new avenues of research into how to construct small diversified stock portfolios.

  16. Development Of Space Breeding In China

    Institute of Scientific and Technical Information of China (English)

    Liu Luxiang

    2009-01-01

    @@ Space breeding provides a new technical platform for Chinese agricaltural scientists to explore the mechanism of crop mutation induced during spaceflight and breeds new varieties of crops. It is important for China to develop the space breeding industry,maintain China's lead position in this field,serve agricultural production better,promote China's sustainable and healthy agricultural development,and ensure national food safety.

  17. Equine post-breeding endometritis: A review

    OpenAIRE

    Maischberger, Eva; Irwin, J A; Carrington, S D; Duggan, V E

    2008-01-01

    The deposition of semen, bacteria and debris in the uterus of the mare after breeding normally induces a self-limiting endometritis. The resultant fluid and inflammatory products are cleared by 48 hours post cover. Mares that are susceptible to persistent post-breeding endometritis (PPBEM) have impaired uterine defence and clearance mechanisms, making them unable to resolve this inflammation within the normal time. This persists beyond 48 hours post-breeding and causes persistent fluid accumu...

  18. Strawberry breeding for disease resistance in Dresden

    OpenAIRE

    Olbricht, K.; Hanke, M.-V.

    2008-01-01

    Verticillium resistance is one of the most important breeding goals in strawberry resistance breeding at Dresden-Pillnitz. Resistance evaluation of cultivars, advanced selections and seedlings is realized under natural conditions at a provocation field and by artificial inoculation in the greenhouse. Introgression of Fragaria chiloensis L. (Miller) into Fragaria ×ananassa Duch. resulted in highly tolerant breeding selections. After back-crossing with cultivars of F. ×ananassa f...

  19. Organic Beef Production - Sire Breed Comparison

    OpenAIRE

    Fallon, Richard; Leavy, Elaine

    2008-01-01

    The results to date, from this sire breed comparison study indicate that with the contrasting Aberdeen Angus and Charolais sire breeds that is possible to achieve animal performance data comparable to well managed conventional suckler calf to beef systems (300 kg carcass for heifers in Nov and 400 kg carcass for steers in March). Similarly the responses to sire breed type, sex and date of slaughter for the organic beef animals are biologically compatible. Organic beef is produced under organi...

  20. Compatibility problems in tritium breeding blankets

    International Nuclear Information System (INIS)

    Compatibility between tritium breeding materials (liquid or solid), neutron multiplier and structural steels is a concern for the choice of a tritium breeding blanket for NET. For solid tritium breeding blanket, it seems that the more severe compatibility problem is due to the interaction of beryllium with steel. As for the water-cooled Pb17Li blanket, the first results obtained in experimental conditions closed to the concept have evidenced lower corrosion rates than those measured in thermal convection loops

  1. Possibilities for Breeding in Organic Dairy Farming

    OpenAIRE

    Nauta, Wytze

    2010-01-01

    In the organic sector there is an ongoing debate about the development of organic breeding methods. The debate revolves around two issues: 1) how the principle of naturalness in organic agriculture (that is, using natural processes wherever possible) can be reconciled with the increasing use of modern reproduction techniques in conventional breeding; and 2) whether animals produced by conventional breeding programs are actually suitable for organic agriculture or whether the organic sector it...

  2. Breed predisposition to canine gastric carcinoma

    DEFF Research Database (Denmark)

    Seim-Wikse, Tonje; Jörundsson, Einar; Nødtvedt, Ane;

    2013-01-01

    Previous research has indicated a breed predisposition to gastric carcinoma in dogs. However, results to date are inconsistent since several studies have failed to prove such a predisposition. Better knowledge of breeds at risk could facilitate early detection of gastric carcinoma in dogs. The aim...... of the study was to retrospectively investigate the proportion and possible breed predisposition to canine gastric carcinoma using the Norwegian Canine Cancer Register for calculations of proportional morbidity ratios (PMRs) for the period 1998-2009....

  3. Equine post-breeding endometritis: A review

    OpenAIRE

    Maischberger E; Irwin JA; Carrington SD; Duggan VE

    2008-01-01

    Abstract The deposition of semen, bacteria and debris in the uterus of the mare after breeding normally induces a self-limiting endometritis. The resultant fluid and inflammatory products are cleared by 48 hours post cover. Mares that are susceptible to persistent post-breeding endometritis (PPBEM) have impaired uterine defence and clearance mechanisms, making them unable to resolve this inflammation within the normal time. This persists beyond 48 hours post-breeding and causes persistent flu...

  4. Use of induced mutations in soybean breeding

    International Nuclear Information System (INIS)

    Artificial induction of mutation in plants is carried out using #betta#-irradiation and ethyl metanesulphonate (EMS) to expand the genetic variability of locally-grown soybean. This aspect of mutation breeding complements of conventional breeding approach undertaken by the Joint Malaysia Soybean Breeding Project group. Recovery of agronomically-important mutants such as earliness, lateness, bigger seed size and improved plant architecture were recorded. The significance of these findings is discussed. (author)

  5. A new Loan-Stock Financial Instrument

    OpenAIRE

    Morozovsky, Alexander; Narasimhan, Rajan; Kholodenko, Yuri

    2000-01-01

    A new financial instrument (a new kind of a loan) is introduced. The loan-stock instrument (LSI) combines fixed rate instruments (loans, etc.) with other financial instruments that have higher volatilities and returns (stocks, mutual funds, currencies, derivatives, options, etc.). This new loan depends on the value of underlying security (for example, stock) in such a way that when underlying security increases, the value of loan decreases and backwards. The procedure to create a risk free po...

  6. Testing the Efficiency of Amman Stock Exchange

    OpenAIRE

    Bilbaisi, Eman

    2007-01-01

    Abstract The concept Efficient Market Hypothesis is becoming a very attractive subject in the field of empirical finance. This paper aims at investigating the efficiency of the Jordanian stock market, Stock Exchange at the weak level. It intends to test empirically the applicability of the random walk hypothesis to the Amman Stock Market for the period of time starting January 2000 and ending December 2006. For the purpose of this study daily index returns time series were examined by a n...

  7. Stock Market Volatility and Corporate Investment

    OpenAIRE

    Zuliu Hu

    1995-01-01

    Despite concerns are often voiced on the so called “excess volatility” of the stock market, little is known about the implications of market volatility for the real economy. This paper examines whether the stock market volatility affects real fixed investment. The empirical evidence obtained from the US data shows that market volatility has independent effects on investment over and above that of stock returns. Volatility and its changes are negatively related to investment growth. To the ext...

  8. Macroeconomic Forces and Stock Returns in Vietnam

    OpenAIRE

    Phan, Van Hang

    2008-01-01

    Capital market development, especially the appearance of Vietnamese equity market recently has a strategic importance in the economic growth and structural reform process of Vietnam (Chun et al, 2003). This dissertation focuses on the impacts of macroeconomic forces on stock market returns in Vietnamese stock market which has not been investigated in detail before, and thereby to contribute further literature on this new emerging stock market. Specifically, the research will intensively inves...

  9. Stock Market Volatility and the Business Cycle

    OpenAIRE

    Burkhard Raunig; Johann Scharler

    2010-01-01

    In this paper we provide a review of the literature on the link between stock market volatility and aggregate demand. In particular, we focus on the implications of the so-called uncertainty hypothesis according to which it is primarily the uncertainty associated with stock market fluctuations that influences aggregate demand. Empirical studies find that stock market volatility indeed feeds back into the real economy.

  10. The evolution of aggregate stock ownership

    OpenAIRE

    Rydqvist, Kristian; Spizman, Joshua; Strebulaev, Ilya

    2011-01-01

    Since World War II, direct stock ownership by households has largely been replaced by indirect stock ownership by financial institutions. We argue that tax policy is the driving force. Using long time-series from eight countries, we show that the fraction of household ownership decreases with measures of the tax benefits of holding stocks inside a pension plan. This finding is important for policy considerations on effective taxation and for financial economics research on the long-term effec...

  11. Stock Market Scale by Artificial Insymmetrised Patterns

    OpenAIRE

    Danuta Makowiec

    2002-01-01

    Large and stable indices of the world wide stock markets such as NYSE and SP 500 together with NASDAQ -- the index representing markets of new trends, and WIG -- the index of the local stock market of Eastern Europe, are considered. Due to the relation between artificial insymmetrised patterns (AIP) and time series, stationary and temporary properties of stock market indices are identified. By filtering extreme events it is found that fluctuations are self-similar. Snap-shots in time lead to ...

  12. Equity Issues and Stock Price Dynamics

    OpenAIRE

    Deborah J. Lucas; Robert L. McDonald

    1989-01-01

    This paper presents an information-theoretic, infinite horizon model of the equity issue decision. The model's predictions about stock price behavior and issue timing explain most of the stylized facts in the empirical literature: (a) equity issues on average are preceded by an abnormal positive return on the stock, although there is considerable variation across firms, (b) equity issues on average are preceded by an abnormal rise in the market, and (c) the stock price drops significantly at ...

  13. Institutional Investors, Stock Repurchases and Information Asymmetry

    OpenAIRE

    Ricky W. Scott

    2014-01-01

    This paper seeks to determine if institutional investors influence stock repurchases. Specifically, this study tests whether institutional investors encourage stock repurchases in firms with high information asymmetry. Firm and year fixed effect regressions examining the effect of changes in institutional investor levels to subsequent changes in stock repurchase levels are used. For robustness, regressions are run using difference-GMM regressions and regressions for different time periods on ...

  14. Executive Stock Options: Exercises and Valuation

    OpenAIRE

    Klein, Daniel

    2010-01-01

    The thesis consists of three independent papers on executive stock options ESOs Executive Turnover and the Valuation of Stock Options The objective of this paper is to develop a model for the valuation of ESOs. I estimate probabilities of early exercise or forfeiture based on a data set of almost 4,000 executives and apply the results for the valuation of a representative stock option. While I estimate factor models for the probabilities of turnover induced (forced) exercise and voluntary vol...

  15. Major Factors influences the 2008 Stock Market

    Institute of Scientific and Technical Information of China (English)

    Chun; Yi

    2008-01-01

      2007 was an unusual year for China's stock market, as the index climbed from 2675 points up to 6124 by the end of the year, setting new records again and again throughout 2007. What will happen to the stock market in the coming 2008? Let's havea look at some of the main factors that will influence the stock market this year, perhaps we can find out if 2008 will be another memorable year full of surprises.……

  16. Major Factors influences the 2008 Stock Market

    Institute of Scientific and Technical Information of China (English)

    2008-01-01

    @@ 2007 was an unusual year for China's stock market, as the index climbed from 2675 points up to 6124 by the end of the year, setting new records again and again throughout 2007. What will happen to the stock market in the coming 2008? Let's havea look at some of the main factors that will influence the stock market this year, perhaps we can find out if 2008 will be another memorable year full of surprises.

  17. Looking Back on the Stock Market

    Institute of Scientific and Technical Information of China (English)

    2007-01-01

    @@ Looking back at the ups and downs of China's stock market in 2007,it is clear that it has developed far beyond people's expectation. While the stock index constantly reaches new highs and the size of the market becomes larger and larger, the Chinese financial market has also reintegrated. A multi-level revolution occurred in 2007, involving changes in stock structure, the variety of core composition, chip cost of the capital market, investor makeup, as well as trade rules and operational methods.

  18. Can risk aversion explain stock price volatility?

    OpenAIRE

    Stephen F. LeRoy

    2013-01-01

    Why are the prices of stocks and other assets so volatile? Efficient capital markets theory implies that stock prices should be much less volatile than actually observed, reflecting an unrealistic assumption that investors are risk neutral. If instead investors are assumed to be risk averse, predicted volatility is higher. However, models that incorporate investor avoidance of risk can explain real-world stock price volatility only under levels of risk aversion that are unrealistically high. ...

  19. Statistical Facts of Artificial Stock Market

    OpenAIRE

    Hokky Situngkir; Yohanes Surya

    2004-01-01

    The paper reports the construction of artificial stock market that emerges the similar statistical facts with real data in Indonesian stock market. We use the individual but dominant data, i.e.: PT TELKOM in hourly interval. The artificial stock market shows standard statistical facts, e.g.: volatility clustering, the excess kurtosis of the distribution of return, and the scaling properties with its breakdown in the crossover of Levy distribution to the Gaussian one. From this point, the arti...

  20. Financial Development and Stock Market performance

    OpenAIRE

    Dellas, Harris; Martin K. Hess

    2000-01-01

    The level of financial development is an important determinant of the performance of capital markets. We examine stock returns in a cross section of emerging and mature markets (49 countries) over 1980-99. Returns in financially underdeveloped countries have been somewhat lower, but significantly more volatile and less closely linkedd to- and influenced by- world stock returns. This implies that the stock markets of financially underdeveloped countries may have contributed to higher global ri...

  1. Does Stock Market Performance Influence Retirement Intentions?

    OpenAIRE

    Gopi Shah Goda; John B. Shoven; Sita Nataraj Slavov

    2012-01-01

    Media reports predicted that the stock market decline in October 2008 would cause changes in retirement intentions, due to declines in retirement assets. We use panel data from the Health and Retirement Study to investigate the relationship between stock market performance and retirement intentions during 1998-2008, a period that includes the recent crisis. While we find a weak negative correlation between stock returns and retirement intentions, further investigation suggests that this relat...

  2. Market orientation and stock-based incentives

    OpenAIRE

    Kylmänen, Ville

    2015-01-01

    Objective of the study: In my thesis, I study the effect of market orientation on firms' adoption of stock-based incentive compensation in Finland. I also research the nature of the relationships between market orientation and the different types of stock-based incentive schemes. The idea of the study is to contribute to the literature on stock-based compensation determinants as well as the market orientation related literature. I expect to find a positive relationship between market orie...

  3. Evidence of portuguese stock market abnormal returns

    OpenAIRE

    Duarte, Elisabete Mendes; Oliveira, Lisete Trindade

    2011-01-01

    According to the stock market efficiency theory, it is not possible to consistently beat the market. However, technical analysis is more and more spread as an efficient way to achieve abnormal returns. In fact there is evidence that momentum investing strategies provide abnormal returns in different stock markets, Jegadeesh, N. and Titman, S. (1993), George, T. and Hwang, C. (2004) and Du, D. (2009). In this work we study if like other markets, the Portuguese stock market also allows to obtai...

  4. Efficient Circulation of Railway Rolling Stock

    OpenAIRE

    Alfieri, Arianna; Groot, Rutger; Kroon, Leo; Schrijver, Lex

    2002-01-01

    textabstractRailway rolling stock (locomotives, carriages, and train units) is one of the most significant cost sources for operatorsof passenger trains, both public and private. Rolling stock costsare due to material acquisition, power supply, and material maintenance. The efficient circulation of rolling stock material is therefore one of the objectives pursued. In this paper we focus on the circulation of train units on a single line. In order to utilize the train units on this line in an ...

  5. Economic Analysis of Leading Logistics Companies' Stocks

    OpenAIRE

    Chyška, Pavel

    2013-01-01

    The bachelor thesis focuses on analysis of leading logistics companies’ stocks. Literature review defines logistics as a rapidly evolving discipline, which has its roots far in the history. Logistics is also recognized as an important force that helps to drive the global economy. Supply chain and outsourcing are also discussed since they are very much connected to logistics. Stock market and important indexes are evaluated along with different types of stock charts in the literature review, a...

  6. Validating Virtual Safety Stock Effectiveness through Simulation

    OpenAIRE

    Maria Elena Nenni; Massimiliano M. Schiraldi

    2013-01-01

    As a means of avoiding stock‐outs, safety stocks play an important role in achieving customer satisfaction and retention. However, traditional safety stock theory is based on the assumption of the immediate delivery of the ordered products, which is not a common condition in business‐to‐business contexts. Virtual safety stock theory was conceived to raise the service level by exploiting the potential time interval in the order‐to‐delivery process. Nevertheless, its mathematical complexity pre...

  7. Stock selection using a hybrid MCDM approach

    Directory of Open Access Journals (Sweden)

    Tea Poklepović

    2014-12-01

    Full Text Available The problem of selecting the right stocks to invest in is of immense interest for investors on both emerging and developed capital markets. Moreover, an investor should take into account all available data regarding stocks on the particular market. This includes fundamental and stock market indicators. The decision making process includes several stocks to invest in and more than one criterion. Therefore, the task of selecting the stocks to invest in can be viewed as a multiple criteria decision making (MCDM problem. Using several MCDM methods often leads to divergent rankings. The goal of this paper is to resolve these possible divergent results obtained from different MCDM methods using a hybrid MCDM approach based on Spearman’s rank correlation coefficient. Five MCDM methods are selected: COPRAS, linear assignment, PROMETHEE, SAW and TOPSIS. The weights for all criteria are obtained by using the AHP method. Data for this study includes information on stock returns and traded volumes from March 2012 to March 2014 for 19 stocks on the Croatian capital market. It also includes the most important fundamental and stock market indicators for selected stocks. Rankings using five selected MCDM methods in the stock selection problem yield divergent results. However, after applying the proposed approach the final hybrid rankings are obtained. The results show that the worse stocks to invest in happen to be the same when the industry is taken into consideration or when not. However, when the industry is taken into account, the best stocks to invest in are slightly different, because some industries are more profitable than the others.

  8. CAPM validity on the US stock market

    OpenAIRE

    Širůček, Martin; Šoba, Oldřich; Němeček, Jaroslav

    2014-01-01

    Purpose of the article: The present article is focused on the Capital Asset Pricing Model (CAPM) and its implementation into American Stock Market. It attempts to empirically test the validity of the CAPM to estimate individual stock returns based on historical stock data of selected companies. Security Market Line (SML) was used on the data collected from a wide range of investment horizons (periods of 1, 3, 5, and 10 years). The results show that the coefficient beta is incapabl...

  9. Do Stock Dividends Generate Abnormal Returns?

    OpenAIRE

    Torgal, Kishan

    2009-01-01

    In this paper I have studied and understood the concepts of stock dividends, stock splits and the announcement effects and the effective day effects by using the standard event studies methodology which measures the significance of the abnormal returns. The previous studies have significant positive abnormal returns. In my results its shown that the as there is some significant abnormal returns which are connected with the announcement and effective day of the stock splits but it changes...

  10. Prospects for Hybrid Breeding in Bioenergy Grasses

    DEFF Research Database (Denmark)

    Aguirre, Andrea Arias; Studer, Bruno; Frei, Ursula;

    2012-01-01

    , we address crucial topics to implement hybrid breeding, such as the availability and development of heterotic groups, as well as biological mechanisms for hybridization control such as self-incompatibility (SI) and male sterility (MS). Finally, we present potential hybrid breeding schemes based on SI...... different hybrid breeding schemes to optimally exploit heterosis for biomass yield in perennial ryegrass (Lolium perenne L.) and switchgrass (Panicum virgatum), two perennial model grass species for bioenergy production. Starting with a careful evaluation of current population and synthetic breeding methods...

  11. [Mendelism in animal breeding as developed by professor Leopold Frateur, Louvain (1877-1946)].

    Science.gov (United States)

    Gobin, A

    2000-01-01

    Educated as a veterinarian at Cureghem, Leopold Frateur started his scientific career in 1899 as a professor at the Faculty of Sciences of the Catholic University of Louvain, Belgium, in charge of the course in zootechnology. After a study tour to zootechnical institutes and centres of animal breeding in Europe he was invited by the governmental department of Agriculture and the Belgian Society of Zootechnology to investigate the relevance of the Mendelian laws of heredity for the improvement of cattle breeding. In the early years of the century, Frateur conducted field research in order to determine the characteristics of the cattle breeds in Belgium. In 1908 Frateur founded the Institute of Animal Husbandry at his university. Here he worked out his programme of experimental genetics until his retirement in 1936. The last six years of his professorship he teached also agricultural economics in the Faculty of Economical Sciences. In Frateur's experimental research the following main lines can be distinguished: 1) The analysis of simple and complex hereditary factors in cattle, rabbits and poultry; 2) The study of qualitative and quantitative characteristics of importance for the improvement of animal breeds; 3) The synthesis of genetic factors from different stock in order to obtain higher yielding breeds with stable characteristics; 4) Theoretical study of the relationship between genotype and phenotype and the influence of environment factors; 5) Theoretical exploration of the issue of variability and modification of newly formed characteristics; 6) Research leading to an explanation of telegony and atavism; 7) The formulation of a theory on the creation of new breeds in domestic animals and plants, and the relation between breed and species. Also he was responding to topical needs, e.g. he determined the causal factor of pullorum epidemic in chicken farming, or he investigated the hereditary resistance against diphteric infection amongst chickens. Frateur took

  12. Development of meat cattle breeding under respecialization programs in the Gomel area [Belarus

    International Nuclear Information System (INIS)

    In the conditions of the Republic of Belarus there was studied scientific management of introduction of 8 programmes of meat cattle breeding in regions of radioactive pollution in Gomel region. In course of the realized study there were analyzed land areas of the local farms, degree of soil contamination with radionuclides, coefficients of radionuclide transfer into plants and animal husbandry products, rate of production volumes, structure of arable lands and main herds, economic indexes of realized activities, etc. Introduction of programs of development of meat cattle breeding in the polluted areas made it possible to increase both the total and pedigree stock in the Gomel area, to create industrial base for reproduction of livestock and a wide circulation of specialized meat livestock in other farms of the polluted regions

  13. SOYBEAN - MOLECULAR ASPECTS OF BREEDING

    Directory of Open Access Journals (Sweden)

    Aleksandra Sudarić

    2012-12-01

    Full Text Available The book Soybean: Molecular Aspects of Breedingfocuses recent progress in our understanding of thegenetics and molecular biology of soybean. This book isdivided into four parts and contains 22 chapters. Part I,Molecular Biology and Biotechnology focuses advancesin molecular biology and laboratory procedures thathave been developed recently to manipulate DNA.Part II, Breeding for abiotic stress covers proteomicsapproaches form as a powerful tool for investigatingthe molecular mechanisms of the plant responses tovarious types of abiotic stresses. Part III, Breeding forbiotic stress addresses issues related to application ofmolecular based strategies in order to increase soybeanresistance to various biotic factors. Part IV, RecentTechnology reviews recent technologies into the realmof soybean monitoring, processing and product use.While the information accumulated in this book is ofprimary interest for plant breeders, valuable insightsare also offered to agronomists, molecular biologists,physiologists, plant pathologists, food scientists andstudents. The book is a result of efforts made by manyexperts from different countries (USA, Japan, Croatia,Serbia, China, Canada, Malawi, Iran, Hong Kong, Brasil,Mexico.

  14. Risk management of stock index futures

    Institute of Scientific and Technical Information of China (English)

    2008-01-01

    The Hong Kong Hang Seng index futures is taken as a study object and a method of empirical analysis is adopted in order to verify the validity of the application of the value-at-risk (VaR) method in the risk measurement of the stock index futures market. The results suggest that under normal market conditions it is feasible to apply the VaR method in the measurement of the market risks of stock index futures. The daily VaR value of the stock index futures provides a foreseeable profit and loss of the stock ...

  15. Is the Chinese Stock Market Really Efficient?

    Institute of Scientific and Technical Information of China (English)

    Weiwei Zhang

    2014-01-01

    The purpose of this research is to examine whether Chinese Stock Market is weak- form efficient. The sample involves daily index price of Shanghai and Shenzhen Stock Exchange for both A share and B share over an extensive period of 1993-2013. In order to seek out whether the result of market efficiency is sensitive to sub-period, this paper computes the different time period of sample. This essay will use three empirical methods, namely unit root test, auto correlation test and run test, to examine whether Chinese Stock Marketis weak-form efficient. The results, regarding efficiency, indicate that Chinese Stock Market is not weak-form efficient.

  16. Oil Price Risk and Stock Markets

    OpenAIRE

    Niu, Hui

    2012-01-01

    The oil price risk refers to the uncertainty of the change in oil price and the stock markets studied in this paper are the so called emerging ones. Fourteen countries are selected for a quantitative research on the link between the oil price fluctuation and the stock market performance. A multi-factor model is applied and specifically an OLS regression is conducted separately for the data on Brazilian stock market. As a result, the rising oil price decreases stock price in oil-importing coun...

  17. The State of African Stock Markets

    OpenAIRE

    Mahama, Adnan

    2013-01-01

    The paper looks at the state of African stock markets during and after the global economic crisis of 2008. The research focuses on the market performance of 15 African stock exchanges from 2007-2012. The size and liquidity of stock markets in the African region is discussed in this thesis. In addition, it compares the performances of a few indexes in the emerging and developed markets to that of African indexes. Data is gathered from individual stock markets as well as notable institutions su...

  18. Breeding for adaptation to drought

    International Nuclear Information System (INIS)

    Full text: I will describe an approach we have used to breed improved cowpea varieties for an environment that experiences very severe droughts - the African Sahel. I will then speculate on how this approach might be enhanced for cowpea and some other C3 species by including selection for carbon stable isotope composition, i.e carbon isotope discrimination by plants (Δ). The approach in breeding for adaptation to drought involved selecting parents and then progeny with a type of grain desired by consumers and optimal time of flowering and cycle length, incorporating resistances to important diseases and pests, and yield-testing advanced lines in many locations throughout the target production zone in experiment station and farm conditions over several years. Can we now make further progress in breeding to improve adaptation to drought by including selection for Δ? The approach I recommend is to choose varieties or elite lines as parents that have differences in Δ but similar high grain quality and optimal time to flowering, cycle length and harvest index. In many cases, pre-breeding will be needed to develop appropriate elite lines and it may be difficult to develop lines that differ in Δ but also have the other necessary traits. Then crosses would be made and progeny would be selected that have the required grain quality, phenology, harvest index, and multiple resistances to pests and diseases. Selected stable lines would be screened for Δ values. Finally, selected advanced lines would be subjected to the necessary multilocation tests for yield, grain quality and other agronomic traits in the target production zone. But, should one select for Δ values that are lower or higher than those of the best current cultivars? Theory and experimental tests have shown that for C3 species, Δ is negatively correlated with intrinsic, integrated water-use efficiency. Water-use efficiency (W) is the ratio of crop biomass production to transpiration. A yield

  19. Studies on stock market efficiency

    OpenAIRE

    Rieks, Johannes

    2015-01-01

    This dissertation consists of three empirical studies on capital market efficiency in a broader sense. Two of the three papers are dedicated to the examination of short-term stock-returns in the wake of large one-day price changes – positive or negative. If significant abnormal returns can be found after large price changes this may indicate improper information efficiency. One if not the only way for listed companies do disseminate information is via investor relations. The release of ad-hoc...

  20. Elements of stock market analysis

    Directory of Open Access Journals (Sweden)

    Suciu, T.

    2013-12-01

    Full Text Available The paper represents a starting point in the presentation of the two types of stock/market analysis: the fundamental analysis and the technical analysis. The fundamental analysis consist in the assessment of the financial and economic status of the company together with the context and macroeconomic environment where it activates. The technical analysis deals with the demand and supply of securities and the evolution of their trend on the market, using a range of graphics and charts to illustrate the market tendencies for the quick identification of the best moments to buy or sell.

  1. The Effect of Macroeconomic Variables On Stock Returns on Dhaka Stock Exchange

    OpenAIRE

    Muhammed Monjurul Quadir

    2012-01-01

    This article investigates the effects of macroeconomic variables of treasury bill interest rate and industrial production on stock returns on Dhaka Stock Exchange for the period between January 2000 and February 2007 on the basis of monthly time series data using Autoregressive Integrated Moving Average (ARIMA) model. The paper has taken the overall market stock returns as an independent variable. It does not consider the stock returns of different companies separately. Though the ARIMA model...

  2. Volatility Estimation and Stock Price Prediction in the Nigerian Stock Market

    OpenAIRE

    Mayowa Gabriel, AJAO; Mary Ugochukwu, WEMAMBU

    2012-01-01

    This study aimed at understanding the Nigerian Stock Market with regards to volatility and prediction, to this effect the month end stock prices of four major companies from the period January 2005 to December, 2009 was used as proxy. The study made use of the Autoregressive Conditional heteroskedasticity (ARCH) to estimate and find out the presence of volatility. The study found the presence of volatility in all the four stock prices used, while stock price volatility was then regressed agai...

  3. Inflation Accounting and Stock Returns: Evidence From Istanbul Stock Exchange (ISE)

    OpenAIRE

    Berna Kirkulak; Çagnur Kaytmaz Balsari

    2011-01-01

    The purpose of this study is to show the importance of inflation accounting application in investment decision making in particular in stock markets. The effect of inflation accounting on stock returns is examined among the Turkish firms listed on the Istanbul Stock Exchange (ISE) in 2003. Descriptive statistics compared the predictability level of inflation-adjusted and inflation non-adjusted fundamental accounting signals on stock returns. Regression analysis tests the explanatory power of ...

  4. The Quantitative Relations between Stock Prices and Quantities of Tradable Stock Shares and Its Applications

    CERN Document Server

    Gou, C

    2005-01-01

    This paper analyzes the quantitative relations between stock prices and quantities of tradable stock shares in Chinese stock markets at six time points by means of Exploratory Data Analysis (EDA) method. It is found the resulting formulae have the same structure but different parameters. This paper also uses these relationships in order to analyse the feasibility of policies for Chinese Government to sell the state-owned shares in Chinese stock markets.

  5. The cross-section of stock returns in an early stock market

    OpenAIRE

    Ye, Qing; Turner, John D.

    2014-01-01

    Using a new dataset which contains monthly data on 1,015 stocks traded on the London Stock Exchange between 1825 and 1870, we investigate the cross section of stock returns in this early capital market. Unique features of this market allow us to evaluate the veracity of several popular explanations of asset pricing behavior. Using portfolio analysis and Fama-MacBeth regressions, we find that stock characteristics such as beta, illiquidity, dividend yield, and past-year return performance are ...

  6. Published stock recommendations as institutional investor sentiment in the near-term stock market

    OpenAIRE

    Singer, Nico; Dreher, Frank; Laser, Saskia

    2012-01-01

    This paper investigates the role of published stock recommendations in print and online media as investor sentiment in the near-term German stock market. In line with extant literature on other sentiment measures, vector autoregressions reveal that past stock returns drive today's sentiment, but not the other way around, and that sentiment is a powerful predictor of itself. In particular, sentiment based on printed analyst recommendations follows reversals, that is, when analysts face a stock...

  7. 26 CFR 1.422-2 - Incentive stock options defined.

    Science.gov (United States)

    2010-04-01

    ... of outstanding shares, such as a stock dividend or stock split), or change in the designation of the... 26 Internal Revenue 5 2010-04-01 2010-04-01 false Incentive stock options defined. 1.422-2 Section... (CONTINUED) INCOME TAXES Certain Stock Options § 1.422-2 Incentive stock options defined. (a) Incentive...

  8. 26 CFR 1.305-5 - Distributions on preferred stock.

    Science.gov (United States)

    2010-04-01

    ... corporation A at a fixed ratio subject to change solely to take account of stock dividends, stock splits, or... convertible preferred stock to take into account a stock dividend, stock split, or any similar event (such as... the 26 CFR part 1 edition revised April 1, 1995). Although the rules of paragraph (b) of this...

  9. Across Breed QTL Detection and Genomic Prediction in French and Danish Dairy Cattle Breeds

    DEFF Research Database (Denmark)

    van den Berg, Irene; Guldbrandtsen, Bernt; Hozé, C;

    Our objective was to investigate the potential benefits of using sequence data to improve across breed genomic prediction, using data from five French and Danish dairy cattle breeds. First, QTL for protein yield were detected using high density genotypes. Part of the QTL detected within breed was...

  10. Comparison of molecular breeding values based on within- and across-breed training in beef cattle

    Science.gov (United States)

    Background Although the efficacy of genomic predictors based on within-breed training looks promising, it is necessary to develop and evaluate across-breed predictors for the technology to be fully applied in the beef industry. The efficacies of genomic predictors trained in one breed and utilized ...

  11. The role of managerial stock option programs in governance: evidence from REIT stock repurchases

    NARCIS (Netherlands)

    C. Ghosh; E. Giambona; J.P. Harding; O. Sezer; C.F. Sirmans

    2010-01-01

    This article examines the role of stock option programs and executive holdings of stock options in real estate investment trust (REIT) governance. We study the issue by analyzing how the market reaction to a stock repurchase announcement varies as a function of the individual REIT's governance struc

  12. The Stock Market Game: A Simulation of Stock Market Trading. Grades 5-8.

    Science.gov (United States)

    Draze, Dianne

    This guide to a unit on a simulation game about the stock market contains an instructional text and two separate simulations. Through directed lessons and reproducible worksheets, the unit teaches students about business ownership, stock exchanges, benchmarks, commissions, why prices change, the logistics of buying and selling stocks, and how to…

  13. Effects of osmotic pressure, temperature and stocking density on survival and sexual reproduction of Craspedacusta sowerbii.

    Science.gov (United States)

    Zhang, Yuan-Wei; Pan, Xiao-Fu; Wang, Xiao-Ai; Jiang, Wan-Sheng; Liu, Qian; Yang, Jun-Xing

    2016-03-18

    The effects of osmotic pressure, temperature and stocking density on medusae survival of Craspedacusta sowerbii were examined. The medusae were shown to be sensitive to the variations of osmotic pressure. And the survival time was osmotic pressure. The peak survival time of >200 h was recorded at 0.2 mOsm/L. Comparing with 27℃ and 32℃ treatments, 23℃ treatment yielded lower activities at a range of 8-13/min. However, there was a longer survival time. A non-linear relationship existed between survival time and stocking density. Lower density resulted in larger body size. And sexual reproduction resumed after breeding for >22 days. Newly-formed polyps and medusae appeared subsequently but only in the higher-density groups of 10, 14 and 18 ind./L. It suggested that the number of newly-formed polyps and medusae was highly dependent on stocking density. That is, a higher stocking density produced more organisms. However, newly-formed medusae died within one month and none grew a diameter of >5 mm. PMID:27029866

  14. Genetic variation of natural and cultured stocks of Paralichthys olivaceus by allozyme and RAPD

    Institute of Scientific and Technical Information of China (English)

    YOU Feng; ZHANG Peijun; WANG Keling; XIANG Jianhai

    2007-01-01

    Population genetics of the left-eyed flounder, Paralichthys olivaceus, including natural and cultured stocks distributed in the coastal waters near Qingdao of eastern maritime China, was analyzed in allozyme and RAPD. The results showed that among total 29 gene loci of 15 isozymes, 9 and 7 were polymorphic in natural and cultured stocks, respectively. The status of genetic diversity in P olivaceus is low in terms of polymorphic loci in chi-square test and genetic departure index of Hardy-Weinberg equilibrium. More alleles in IDHP, CAT, GDH and Ldh-C allozymes were found in the fish, which could be used as markers in assortive breeding and distinguishing stock, population or species evolution. Total 88 and 86 RAPD bands ranging from 200 to 2 500 bp were recognized individually in average of 7.8-8.0 bands per primer. The genetic diversity in cultured stock is lower than that in natural ones showing an obviously decreasing genetic divergence. Therefore, effective countermeasures must be taken to protect genetic resources of marine cultured fishes. The 2 markers have their own pros and cons. Combining the 2 markers to investigate the genetic variation of populations is suggested. The results provide basic data of this flounder and they are useful for studying genetic improvement and genetic resources of the fish.

  15. A STUDY ON TROUT BREEDING IN DUZCE PROVINCE

    OpenAIRE

    Akbulut, Süleyman; KETEN, Akif

    2009-01-01

    In this study, trout breeding facilities of Duzce Province, a suitable place for trout breeding, were evaluated. As a result of this evaluation, current status, capacities, and problems of trout breeding facilities were determined. Some suggestions were provided to solve these problems and increase the capacity of trout breeding facilities. Keywords: Duzce, Trout Breeding.

  16. Plant Breeding: Surprisingly, Less Sex Is Better.

    Science.gov (United States)

    van Dijk, Peter J; Rigola, Diana; Schauer, Stephen E

    2016-02-01

    Introduction of apomixis, asexual reproduction through seeds, into crop species has the potential to dramatically transform plant breeding. A new study demonstrates that traits can be stably transferred between generations in newly produced apomictic lines, and heralds a breeding revolution needed to increase food production for the growing planet. PMID:26859270

  17. Structuring an Efficient Organic Wheat Breeding Program

    Directory of Open Access Journals (Sweden)

    P. Stephen Baenziger

    2011-08-01

    Full Text Available Our long-term goal is to develop wheat cultivars that will improve the profitability and competitiveness of organic producers in Nebraska and the Northern Great Plains. Our approach is to select in early generations for highly heritable traits that are needed for both organic and conventional production (another breeding goal, followed by a targeted organic breeding effort with testing at two organic locations (each in a different ecological region beginning with the F6 generation. Yield analyses from replicated trials at two organic breeding sites and 7 conventional breeding sites from F6 through F12 nurseries revealed, using analyses of variance, biplots, and comparisons of selected lines that it is inappropriate to use data from conventional testing for making germplasm selections for organic production. Selecting and testing lines under organic production practices in different ecological regions was also needed and cultivar selections for organic production were different than those for conventional production. Modifications to this breeding protocol may include growing early generation bulks in an organic cropping system. In the future, our selection efforts should also focus on using state-of-the-art, non-transgenic breeding technologies (genomic selection, marker-assisted breeding, and high throughput phenotyping to synergistically improve organic and conventional wheat breeding.

  18. Mutation Breeding in Root and Tuber Crops

    International Nuclear Information System (INIS)

    Proceeded by a few general considerations about problems and results of mutation breeding in vegetatively propagated plants a review is given of the results of mutation breeding programs up to new in the different (tropical) root and tuber crops (cassava, sweet potato, yam, potato and others). (author)

  19. Horse breed discrimination using machine learning methods

    Czech Academy of Sciences Publication Activity Database

    Burócziová, Monika; Riha, J.

    2009-01-01

    Roč. 50, č. 4 (2009), s. 375-377. ISSN 1234-1983 Institutional research plan: CEZ:AV0Z50450515 Keywords : Breed discrimination * Genetics diversity * Horse breeds Subject RIV: EG - Zoology Impact factor: 1.324, year: 2009

  20. Sugarcane Improvement Through Breeding and Biotechnology

    Science.gov (United States)

    The advancements in sugarcane breeding and the improvement of sugarcane through biotechnology have been reviewed by a team of leading sugarcane specialists from around the world. Topics covered in the breeding section include the evolution and origin of sugarcane, early history of conventional sugar...

  1. Plant Breeding and Environment Protection

    Directory of Open Access Journals (Sweden)

    Vinko Konzumplik

    2004-09-01

    Full Text Available Plant breeders in Croatia work on improving genetic basis of the economically important traits of agricultural plant species. Yield of a crop is usually among the most important traits. It depends on genotype of a cultivar and on cultural practices including pest protection. Croatia has long tradition in plant breeding. Croatian plant breeders have developed over 800 cultivars, many of them are resistant or tolerant to the most important pathogens. Genetic variability for efficient uptake and use of nutrients has been also found among cultivars of same crops. The available germplasm enables farmers to choose the cultivars for organic agriculture, i.e. the cultivars which have genetic basis for more efficient nutrients use and which require less chemicals for pest control. Also, breeders can use those cultivars as valuable germplasm for developing new cultivars.

  2. Breeding for Grass Seed Yield

    DEFF Research Database (Denmark)

    Boelt, Birte; Studer, Bruno

    2010-01-01

    Seed yield is a trait of major interest for many fodder and amenity grass species and has received increasing attention since seed multiplication is economically relevant for novel grass cultivars to compete in the commercial market. Although seed yield is a complex trait and affected by...... agricultural practices as well as environmental factors, traits related to seed production reveal considerable genetic variation, prerequisite for improvement by direct or indirect selection. This chapter first reports on the biological and physiological basics of the grass reproduction system, then highlights...... important aspects and components affecting the seed yield potential and the agronomic and environmental aspects affecting the utilization and realization of the seed yield potential. Finally, it discusses the potential of plant breeding to sustainably improve total seed yield in fodder and amenity grasses....

  3. Rice breeding with induced mutations

    International Nuclear Information System (INIS)

    The Joint FAO/IAEA Division of Atomic Energy in Food and Agriculture decided in 1964 to organize a co-ordinated research programme on the use of induced mutations in rice breeding. The programme was organized within the framework of activities of the International Rice Commission. This is a report of the Third Co-ordination Meeting of the participants, which was held in Taipei, 5-9 June 1967. As the projects, which together make up the co-ordinated programme, are at different stages of progress, the report contains a variety of papers including completed studies, field and progress reports, and highlights of the discussions with some additional recommendations prepared by the participants. Refs, figs and tabs

  4. THE EFFECT OF MACROECONOMIC VARIABLES ON STOCK RETURNS ON DHAKA STOCK EXCHANGE

    Directory of Open Access Journals (Sweden)

    Muhammed Monjurul Quadir

    2012-01-01

    Full Text Available This article investigates the effects of macroeconomic variables of treasury bill interest rate and industrial production on stock returns on Dhaka Stock Exchange for the period between January 2000 and February 2007 on the basis of monthly time series data using Autoregressive Integrated Moving Average (ARIMA model. The paper has taken the overall market stock returns as an independent variable. It does not consider the stock returns of different companies separately. Though the ARIMA model finds a positive relationship between Treasury bill interest rate and industrial production with market stock returns but the coefficients have turned out to be statistically insignificant.

  5. Crossing Stocks and the Positive Grassmannian I: The Geometry behind Stock Market

    OpenAIRE

    Ovidiu Racorean

    2014-01-01

    It seems to be very unlikely that all relevant information in the stock market could be fully encoded in a geometrical shape. Still,the present paper will reveal the geometry behind the stock market transactions. The prices of market index (DJIA) stock components are arranged in ascending order from the smallest one in the left to the highest in the right. In such arrangement, as stock prices changes due to daily market quotations, it could be noticed that the price of a certain stock get ove...

  6. Empirical Study of the Risks in Shenzhen Stock Market

    Institute of Scientific and Technical Information of China (English)

    ZUO Xiao-de; GAO Wei-cun

    2001-01-01

    This paper conducts an empirical research on the system risks of the Shenzhen Stock Market using Capital Asset Pricing Model. The typical composition stocks on Shenzhen Stock Market in 1998 are taken as samples.

  7. Selection criteria in organic cattle breeding

    Directory of Open Access Journals (Sweden)

    Savić Mila

    2014-01-01

    Full Text Available The central issue in process of organizing organic cattle breeding is the knowledge about specificities of this kind of production, good knowledge of breed characteristics (body composition, immune tolerance, expressed predisposition towards some diseases, production properties. Research centres, in collaboration with producers, have defined the essential features on which the selection programmes in organic cattle breeding are based on. Of the greatest importance for veterinary service is the fact that selection programmes in organic cattle breeding are in the first place based on giving priority to healthy animals, with strong immune system, good reproductive characteristics, which can be in production system for a long period. Additional important selective criteria is specific body resistance and adaptability of autochtonous breeds to environmental conditions. [Projekat Ministarstva nauke Republike Srbije, br. TP 31085

  8. Breeding for behavioural change in farm animals

    DEFF Research Database (Denmark)

    D'Eath, R.B.; Conington, J.; Lawrence, A.B.;

    2010-01-01

    In farm animal breeding, behavioural traits are rarely included in selection programmes despite their potential to improve animal production and welfare. Breeding goals have been broadened beyond production traits in most farm animal species to include health and functional traits......, and opportunities exist to increase the inclusion of behaviour in breeding indices. On a technical level, breeding for behaviour presents a number of particular challenges compared to physical traits. It is much more difficult and time-consuming to directly measure behaviour in a consistent and reliable manner...... in order to evaluate the large numbers of animals necessary for a breeding programme. For this reason, the development and validation of proxy measures of key behavioural traits is often required. Despite these difficulties, behavioural traits have been introduced by certain breeders. For example, ease...

  9. SETS, Arbitrage Activity, and Stock Price Dynamics

    NARCIS (Netherlands)

    N. Taylor; D.J.C. van Dijk (Dick); Ph.H.B.F. Franses (Philip Hans); A. Lucas (André)

    1999-01-01

    textabstractThis paper provides an empirical description of the relationship between the trading system operated by a stock exchange and the transaction costs faced by heterogeneous investors who use the exchange. The recent introduction of SETS in the London Stock Exchange provides an excellent opp

  10. Recent market behavior of utility stocks

    International Nuclear Information System (INIS)

    This article reviews the recent market behavior of utility stocks as compared to the Standard and Poor's 500 and the long-term government bond yield. Utility stock's performance continues to be affected by unfavorable regulation,and it appears that it will continue to be a factor for some time to come. A continually shrinking excess capacity continues to be a concern

  11. Oil Volatility Risk and Expected Stock Returns

    DEFF Research Database (Denmark)

    Christoffersen, Peter; Pan, Xuhui (Nick)

    After the financialization of commodity futures markets in 2004-05 oil volatility has become a strong predictor of returns and volatility of the overall stock market. Furthermore, stocks' exposure to oil volatility risk now drives the cross-section of expected returns. The difference in average...

  12. Distinguishing manipulated stocks via trading network analysis

    Science.gov (United States)

    Sun, Xiao-Qian; Cheng, Xue-Qi; Shen, Hua-Wei; Wang, Zhao-Yang

    2011-10-01

    Manipulation is an important issue for both developed and emerging stock markets. For the study of manipulation, it is critical to analyze investor behavior in the stock market. In this paper, an analysis of the full transaction records of over a hundred stocks in a one-year period is conducted. For each stock, a trading network is constructed to characterize the relations among its investors. In trading networks, nodes represent investors and a directed link connects a stock seller to a buyer with the total trade size as the weight of the link, and the node strength is the sum of all edge weights of a node. For all these trading networks, we find that the node degree and node strength both have tails following a power-law distribution. Compared with non-manipulated stocks, manipulated stocks have a high lower bound of the power-law tail, a high average degree of the trading network and a low correlation between the price return and the seller-buyer ratio. These findings may help us to detect manipulated stocks.

  13. Does Stock Market Performance Influence Retirement Intentions?

    Science.gov (United States)

    Goda, Gopi Shah; Shoven, John B.; Slavov, Sita Nataraj

    2012-01-01

    Media reports predicted that the stock market decline in October 2008 would cause changes in retirement intentions, due to declines in retirement assets. We use panel data from the Health and Retirement Study to investigate the relationship between stock market performance and retirement intentions during 1998-2008, a period that includes the…

  14. Stock market stability: Diffusion entropy analysis

    Science.gov (United States)

    Li, Shouwei; Zhuang, Yangyang; He, Jianmin

    2016-05-01

    In this article, we propose a method to analyze the stock market stability based on diffusion entropy, and conduct an empirical analysis of Dow Jones Industrial Average. Empirical results show that this method can reflect the volatility and extreme cases of the stock market.

  15. Stock market volatility and macroeconomic uncertainty

    NARCIS (Netherlands)

    Arnold, I.J.M.; Vrugt, E.B.

    2006-01-01

    This paper provides empirical evidence on the link between stock market volatility and macroeconomic uncertainty. We show that US stock market volatility is significantly related to the dispersion in economic forecasts from SPF survey participants over the period from 1969 to 1996. This link is much

  16. Fundamental uncertainty and stock market volatility

    NARCIS (Netherlands)

    Arnold, I.J.M.; Vrugt, E.B.

    2008-01-01

    We provide empirical evidence on the link between stock market volatility and macroeconomic uncertainty. We show that US stock market volatility is significantly related to the dispersion in economic forecasts from participants in the Survey of Professional Forecasters over the period 1969 to 1996.

  17. A Tale of Two Stock Markets

    Science.gov (United States)

    Armstrong, Michelle Hine; Piercey, Victor I.; Greene-Hunley, Stephanie

    2015-01-01

    This article describes two different projects using the stock market as a context for learning. For both projects, students "bought" shares in individual companies, tracked stock prices for a period of time, and then "sold" their shares at a gain or loss. The projects are adaptable for students in late elementary school through…

  18. Jump Detection in the Danish Stock Market

    DEFF Research Database (Denmark)

    Høg, Esben

    2002-01-01

    It is well known in financial economics that stock market return data are often modelled by a diffusion process with some regular drift function. Occasionally, however, sudden changes or jumps occur in the return data. Wavelet scaling methods are used to detect jumps and cusps in stock market...

  19. An Outlook on Correlations in Stock Prices

    OpenAIRE

    Anirban Chakraborti

    2006-01-01

    Comment: 6 pages, RevTeX format. To appear in the Conference Proceedings of ECONOPHYS-KOLKATA II: International Workshop on Econophysics of Stock Markets and Minority Games", February 14-17, 2006, SINP, Kolkata, as a book chapter in Eds. A. Chatterjee and B.K. Chakrabarti, Econophysics of Stock and other Markets, (Springer-Verlag (Italia), Milan, 2006)

  20. Causalities of the Taiwan Stock Market

    OpenAIRE

    Juhi-Lian Julian Ting

    2003-01-01

    Volatility, fitting with first order Landau expansion, stationarity, and causality of the Taiwan stock market (TAIEX) are investigated based on daily records. Instead of consensuses that consider stock market index change as a random time series we propose the market change as a dual time series consists of the index and the corresponding volume. Therefore, causalities between these two time series are investigated.

  1. Looking Forward to the Stock Market.

    Science.gov (United States)

    Dickneider, William

    1992-01-01

    Discusses the advantages of using the stock market to add new dimensions to social studies classes. Suggests that changes in society will make knowledge of financial markets essential for students. Includes two lesson plans with handouts that use the Disney company and changes in the operation of the stock market to capture student interest. (DK)

  2. ON THE INCREMENTS DISTRIBUTION OF STOCK PRICES

    Institute of Scientific and Technical Information of China (English)

    2001-01-01

    In this paper,the models of increment distributions of stock price are constructed with two approaches. The first approach is based on limit theorems of random summation. The second approach is based on the statistical analysis of the increment distribution of the logarithms of stock prices.

  3. Legal institutions, strategic default, and stock returns

    NARCIS (Netherlands)

    G. Favara; E. Schroth; P. Valta

    2008-01-01

    This paper studies the impact of legal institutions on stock returns. More specifically, we examine how differences in debt enforcement and creditor protection around the world affect stock returns of individual firms. We hypothesize that if legal institutions prevent shareholders from engaging in s

  4. Turning plant mutation breeding into a new era: Molecular mutation breeding

    International Nuclear Information System (INIS)

    The advance in molecular genetics and DNA technologies has brought plant breeding including mutation breeding into a molecular era. With the ever increasing molecular genetics and genomics knowledge and rapidly emerging molecular techniques, breeders can now more wisely and efficiently than ever before using mutation techniques in breeding new varieties. Plant molecular mutation breeding is here defined as mutation breeding in which molecular or genomic information and tools are used in the development of breeding strategies, in the screening, selection and verifying of induced mutants, and in the utilization of mutated genes in the breeding process. It is built upon the science of DNA damage, repair and mutagenesis, plant molecular genetics and genomics of important agronomic traits as well as induced mutations. Mutagenic treatment, super-mutable genetic lines, molecular markers and high throughput DNA technologies for mutation screening such as TILLING (Targeting Induced Limited Lesions IN Genomes) are the key techniques and resources in molecular mutation breeding. Molecular mutation breeding will significantly increase both the efficiency and efficacy of mutation techniques in crop breeding. A perspective molecular mutation breeding scheme is proposed for discussion. (author)

  5. Recurrence quantification analysis of global stock markets

    Science.gov (United States)

    Bastos, João A.; Caiado, Jorge

    2011-04-01

    This study investigates the presence of deterministic dependencies in international stock markets using recurrence plots and recurrence quantification analysis (RQA). The results are based on a large set of free float-adjusted market capitalization stock indices, covering a period of 15 years. The statistical tests suggest that the dynamics of stock prices in emerging markets is characterized by higher values of RQA measures when compared to their developed counterparts. The behavior of stock markets during critical financial events, such as the burst of the technology bubble, the Asian currency crisis, and the recent subprime mortgage crisis, is analyzed by performing RQA in sliding windows. It is shown that during these events stock markets exhibit a distinctive behavior that is characterized by temporary decreases in the fraction of recurrence points contained in diagonal and vertical structures.

  6. Determinants of Stock Prices in Ghana

    Directory of Open Access Journals (Sweden)

    Sampson Wiredu

    2013-12-01

    Full Text Available In this study the determinants of Stock prices were modelled using a regression model with ARIMA errors. The results showed that a regression model with AR (1 errors was best for modelling the Stock prices. A diagnostic test of the model with the ARCH-LM test showed that the model was free from conditional heteroscedasticity. Also, the Breusch-Godfrey test and the Ljung-Box test showed that the model was free from serial correlation. In addition, the CUSUM test showed that the model parameters were stable. Finally, the results showed that the Gold price and the 91 day Treasury bill do not contribute significantly to the variation in the Stock prices. The Cocoa price and the Consumer Price Index were positively related to the Stock price while the Broad Money supply was negatively related to the Stock price.

  7. Relatively stable carbon stocks in China's grasslands

    Institute of Scientific and Technical Information of China (English)

    FANG ChangMing

    2011-01-01

    Global climate change has been predicted to profoundly influence carbon (C) processes and C stock dynamics in terrestrial ecosystems [1].Three papers recently published in Science China Life Science [2-4] studied various aspects of C stock dynamics at different scales in the northern grasslands of China (including the Tibetan alpine meadow).They reported that there has been no significant trend of variation in ecosystem C stocks in Tibetan meadow and temperate grassland since the late 1980s,or significant correlation between variations in C stocks and warming or precipitation.The response of ecosystem C processes and C stocks to global climate change featuring a significant temperature rise was insignificant.

  8. Modeling Chaotic Behavior of Chittagong Stock Indices

    Directory of Open Access Journals (Sweden)

    Shipra Banik

    2012-01-01

    Full Text Available Stock market prediction is an important area of financial forecasting, which attracts great interest to stock buyers and sellers, stock investors, policy makers, applied researchers, and many others who are involved in the capital market. In this paper, a comparative study has been conducted to predict stock index values using soft computing models and time series model. Paying attention to the applied econometric noises because our considered series are time series, we predict Chittagong stock indices for the period from January 1, 2005 to May 5, 2011. We have used well-known models such as, the genetic algorithm (GA model and the adaptive network fuzzy integrated system (ANFIS model as soft computing forecasting models. Very widely used forecasting models in applied time series econometrics, namely, the generalized autoregressive conditional heteroscedastic (GARCH model is considered as time series model. Our findings have revealed that the use of soft computing models is more successful than the considered time series model.

  9. Seasonal Anomalies in Istanbul Stock Exchange

    Directory of Open Access Journals (Sweden)

    Zehra Abdioglu

    Full Text Available According to efficient market hypothesis, investors perceive all available information in the same manner and it is not possible that any investor obtain more profit than others. Various anomalies in stock markets cause the failure of the efficient market hypothesis. Anomalies mean that the returns of the stock market are different on each the time period. The existence of anomalies in stock markets is important for investors. In this study, it is examined to whether there are seasonal anomalies in Istanbul Stock Exchange. For this purpose, it is tested intra-day effect, day of the week effect, the January effect, intra-month effect, turn of the month effect, turn of the year effect and the holiday effect for the period of 2003-2012, using least squares method. According to results, there is an evidence for intra-day effect and day of the week effect in Istanbul Stock Exchange for this period.

  10. A quantum mechanical model for the relationship between stock price and stock ownership

    International Nuclear Information System (INIS)

    The trade of a fixed stock can be regarded as the basic process that measures its momentary price. The stock price is exactly known only at the time of sale when the stock is between traders, that is, only in the case when the owner is unknown. We show that the stock price can be better described by a function indicating at any moment of time the probabilities for the possible values of price if a transaction takes place. This more general description contains partial information on the stock price, but it also contains partial information on the stock owner. By following the analogy with quantum mechanics, we assume that the time evolution of the function describing the stock price can be described by a Schrödinger type equation.

  11. A quantum mechanical model for the relationship between stock price and stock ownership

    Energy Technology Data Exchange (ETDEWEB)

    Cotfas, Liviu-Adrian [Faculty of Economic Cybernetics, Statistics and Informatics, Academy of Economic Studies, 6 Piata Romana, 010374 Bucharest (Romania)

    2012-11-01

    The trade of a fixed stock can be regarded as the basic process that measures its momentary price. The stock price is exactly known only at the time of sale when the stock is between traders, that is, only in the case when the owner is unknown. We show that the stock price can be better described by a function indicating at any moment of time the probabilities for the possible values of price if a transaction takes place. This more general description contains partial information on the stock price, but it also contains partial information on the stock owner. By following the analogy with quantum mechanics, we assume that the time evolution of the function describing the stock price can be described by a Schroedinger type equation.

  12. Investor sentiment and stock returns: Some international evidence

    OpenAIRE

    Schmeling, Maik

    2008-01-01

    We examine whether consumer confidence - as a proxy for individual investor sentiment - affects expected stock returns internationally in 18 industrialized countries. In line with recent evidence for the U.S., we find that sentiment negatively forecasts aggregate stock market returns on average across countries. When sentiment is high, future stock returns tend to be lower and vice versa. This relation also holds for returns of value stocks, growth stocks, small stocks, and for different fore...

  13. Stock Indices as Generalizing Indicators of the Stock Markets Condition in the European Union Countries

    Directory of Open Access Journals (Sweden)

    Shuba M. V.

    2015-03-01

    Full Text Available The aim of the article is to determine the degree of interdependence of stock markets in separate countries of the European Union, namely: France, Germany, Great Britain, Poland, the Czech Republic and Hungary on the basis of studying the changes in stock indexes, as well as determining the existence of tendencies of approximating the dynamics of the national stock index «PFTS Index» to the corresponding dynamics of stock indexes in surveyed countries. The article analyzes the dynamics of changes in stock indices in the UK (FTSE, Germany (DAX 30, France (CAC 40 and pan-European ones (EURO STOXX 50, as well as changes in stock indices in Poland (WIG 20, Czech Republic (PX, Hungary (BUX. Calculations of the coefficients of pair correlation between changes in stock indices in the studied countries have been performed. The calculation results show a substantial connection between the indicators of changes in stock indices and allow to make a conclusion that in the dynamics of stock indices of national stock markets of the studied EU countries some common trends are observed, moreover, in the behavior of the considered indices common local trends are noticed as well. The author calculated the coefficient of pair correlation between the indicators of changes in the national stock index «PFTS Index» and the stock indices of the «old» and «new» EU countries. The calculations showed that the PFTS Index does not demonstrate a high level of correlation with stock indices of the «old» EU countries and has a tendency of approaching the corresponding dynamics of stock indices of the «new» EU countries.

  14. Plant Breeding of ornamental crops: evolution to a bright future!?

    OpenAIRE

    Holsteijn , van, J.J.M.

    1995-01-01

    Plant breeding is evolution conducted by mankind. In ornamental crops breeding by hybridization has resulted in hundreds of new cultivars each year. Breeding and breeding research have contributed to the strong growth of the Dutch horticultural industry, but present sexual breeding has its limitations. New techniques such as in vitro fertilization and methods to overcome crossing barriers, micropropagation and the use of molecular markers directly supply the convential breeding techniques. Th...

  15. Under-forest Breeding Pattern and the Practice Form

    OpenAIRE

    Shen, Zhong-ming

    2012-01-01

    Through the development in recent years, China's under-forest breeding pattern can be divided into four kinds of practice form of under-forest breeding pattern (the pattern of breeding driven by leading enterprises; the pattern of breeding driven by intermediary economic organizations; the pattern of breeding driven by the professional wholesale market; the pattern of breeding driven by the modern animal husbandry demonstration areas), according to difference in the main body participating in...

  16. Systematic analysis of group identification in stock markets

    CERN Document Server

    Kim, D H; Kim, Dong-Hee; Jeong, Hawoong

    2005-01-01

    We propose improved methods to identify stock groups using the correlation matrix of stock price changes. By filtering out the market-wide effect and the random noise, we construct the correlation matrix of stock groups in which nontrivial high correlations between stocks are found. Using the filtered correlation matrix, we successfully identify the multiple stock groups without any extra knowledge of the stocks by the optimization of the matrix representation and the percolation approach to the correlation-based network of stocks. These methods drastically reduce the ambiguities while finding stock groups using the eigenvectors of the correlation matrix.

  17. CROSSING OF HOLSTEIN HORSE BREED WITH SOME OTHER BREEDS

    Directory of Open Access Journals (Sweden)

    Josip Ljubešić

    2000-06-01

    Full Text Available An experiment of crossing a heavier-weight semi-breed horse (Holstein with mares of Croatian Posavian type draft horse resulted in possibility of such further crossing. Attained product meets today’s market requirements: firstly as an export-meat category that meets Italian market requirements, since other markets are not well known, secondly, it can be used as a sport-tourist-recreation horse. It must be pointed out that all produced hybrids did not meet the needs of these two basic criteria. In spite of being potential slaughtery head with good utilization, each produced head can be, according to its exterial properties, used as a sporttourist animal that showed certain usable values and results proven by the experiment. The hybrids showed some hereditory draft horse properties shown on enclosed photos. In addition, exterier measures show that former knowledge on hybrids can respond the question of a horse raising on non-utilized pastures which they got used to very well. Thus these horses are able to be estimated by their body development just as our native draft Posavian type horse including possibility of using them as a sport-tourist-recreation horse.

  18. Volatility Transmission Between Dow Jones Stock Index And Emerging Islamic Stock Index: Case Of Subprime Financial Crises

    OpenAIRE

    Amir Saadaoui; Younes Boujelbene

    2015-01-01

    In the course of the recent global crisis, the stock shocks are distributed and transmitted from their homes in the developed stock market to emerging stock markets. By supporting the development of emerging stock markets, this study aims to see the transmission of volatility between the Dow Jones stock index and the Dow Jones emerging Islamic stock indiex. In this study we have divided the period into three, periods, before, during and after this crisis to demonstrate the resilience of the I...

  19. Opportunities for active stock-out management in online stores: The impact of the stock-out policy on online stock-out reactions

    OpenAIRE

    Breugelmans, Els; Campo, Katia; GIJSBRECHTS, Els

    2006-01-01

    This paper investigates the impact of an online retailer's stock-out policy on consumers' category purchase and choice decisions. We investigate three different policies: (1) stock-outs are immediately visible and there are no replacement suggestions, (2) stock-outs are only visible after purchase attempts and (3) stock-outs are immediately visible but a replacement item is suggested. Results from an online grocery shopping experiment reveal that the adopted stock-out policy has a significant...

  20. Advances in Japanese pear breeding in Japan.

    Science.gov (United States)

    Saito, Toshihiro

    2016-01-01

    The Japanese pear (Pyrus pyrifolia Nakai) is one of the most widely grown fruit trees in Japan, and it has been used throughout Japan's history. The commercial production of pears increased rapidly with the successive discoveries of the chance seedling cultivars 'Chojuro' and 'Nijisseiki' around 1890, and the development of new cultivars has continued since 1915. The late-maturing, leading cultivars 'Niitaka' and 'Shinko' were released during the initial breeding stage. Furthermore, systematic breeding by the Horticultural Research Station (currently, NARO Institute of Fruit Tree Science, National Agriculture and Food Research Organization (NIFTS)) began in 1935, which mainly aimed to improve fruit quality by focusing on flesh texture and black spot disease resistance. To date, 22 cultivars have been released, including 'Kosui', 'Hosui', and 'Akizuki', which are current leading cultivars from the breeding program. Four induced mutant cultivars induced by gamma irradiation, which exhibit some resistance to black spot disease, were released from the Institute of Radiation Breeding. Among these cultivars, 'Gold Nijisseiki' has become a leading cultivar. Moreover, 'Nansui' from the Nagano prefectural institute breeding program was released, and it has also become a leading cultivar. Current breeding objectives at NIFTS mainly combine superior fruit quality with traits related to labor and cost reduction, multiple disease resistance, or self-compatibility. Regarding future breeding, marker-assisted selection for each trait, QTL analyses, genome-wide association studies, and genomic selection analyses are currently in progress. PMID:27069390

  1. LINE CONSTRUCTION OF NONIUS BREED IN SLOVAKIA

    Directory of Open Access Journals (Sweden)

    Eva Mlyneková

    2013-12-01

    Full Text Available Nowadays breeding has become the problem often solved in European states and it has been paid much attention by breeding organizations. In terms of hippology as well as some urgent requirements from the side of nonius breeders we have focussed on this particular breed especially from the reason of its further survival and development in Slovakia. The aim of this paper was to evaluate the growth indicators as well as the achievement level of the stallions since 1927 to the present. Based on our research of the nonius body lines we can state that at present there are 3 stallions that are followers of the N VIII horse line founder. In general, there are 12 stallions that are active within this breed in Slovakia. It was statistically confirmed that this particular breed grew much stronger through the goal-directed breeding work, improved nutrition as well as the immediate breeding site. It was quite complicated to evaluate the performance tests because the individual indicators were significantly influenced by the subjective views of the commitee members performing the evaluation. The next factor which prevents the objective evaluation is the fact that in the period up to 1979, the performance tests were valued by the 100 point system and from the year 1980 by the 10 point system. That is why we take the performance test results into account only as supplemental ones, which can provide a kind of amendment to the observed biological parameters.

  2. Iberian origins of New World horse breeds.

    Science.gov (United States)

    Luís, Cristina; Bastos-Silveira, Cristiane; Cothran, E Gus; Oom, Maria do Mar

    2006-01-01

    Fossil records, archaeological proofs, and historical documents report that horses persisted continuously in the Iberian Peninsula since the Pleistocene and were taken to the American continent (New World) in the 15th century. To investigate the variation within the mitochondrial DNA (mtDNA) control region of Iberian and New World horse breeds, to analyze their relationships, and to test the historical origin of New World horses, a total of 153 samples, representing 30 Iberian and New World breeds, were analyzed by sequencing mtDNA control region fragments. Fifty-four haplotypes were found and assigned to seven haplogroups. Reduced levels of variation found for the Menorquina, Sorraia, and Sulphur Mustang breeds are consistent with experienced bottlenecks or limited number of founders. For all diversity indices, Iberian breeds showed higher diversity values than South American and North American breeds. Although, the results show that the Iberian and New World breeds stem from multiple origins, we present a set of genetic data revealing a high frequency of Iberian haplotypes in New World breeds, which is consistent with historical documentation. PMID:16489143

  3. Cassava Mutation Breeding: Current Status and Trends

    International Nuclear Information System (INIS)

    Cassava (Manihot esculenta Crantz) is an important energy source in the diets of millions of people in the tropical and subtropical regions of the world, especially the poor. Also its industrial uses are steadily growing for starch, animal feed and bio-ethanol. Although it has high economic and social relevance, few major scientific efforts have been made to improve the crop until the 1970s. With the goals and objectives of cassava improvement through breeding, different strategies have been developed during the last several decades, such as evaluation and selection of the local landraces, introduced germplasm (as clones or segregating F1 population), hybridization (including inbreeding by both recurrent back-cross schemes and double haploids (DH)), interspecific hybridization, polyploidy breeding, genetic transformation, use of molecular markers and mutation breeding. Induced mutation breeding on cassava has been explored in the last several decades with few published papers. Yet, the production of novel genotypes, such as high amylose and small granule mutants and mutants with tolerance to post harvest physiological deterioration (PPD), has been reported. These results suggest that mutagenesis could be an effective alternative for cassava breeding. However, many drawbacks still exist in cassava mutation breeding, such as the occurrence of chimeras. Validated and developing protocols for different biotechnologies, such as TILLING protocol, cassava genome sequencing and cassava somatic embryogenesis, will significantly ameliorate the drawbacks to traditional mutation breeding, and consequently aid the routine application of induced mutation in both cassava improvement and in gene discovery and elucidation. (author)

  4. Population structure of humpback whales from their breeding grounds in the South Atlantic and Indian Oceans.

    Directory of Open Access Journals (Sweden)

    Howard C Rosenbaum

    Full Text Available Although humpback whales are among the best-studied of the large whales, population boundaries in the Southern Hemisphere (SH have remained largely untested. We assess population structure of SH humpback whales using 1,527 samples collected from whales at fourteen sampling sites within the Southwestern and Southeastern Atlantic, the Southwestern Indian Ocean, and Northern Indian Ocean (Breeding Stocks A, B, C and X, respectively. Evaluation of mtDNA population structure and migration rates was carried out under different statistical frameworks. Using all genetic evidence, the results suggest significant degrees of population structure between all ocean basins, with the Southwestern and Northern Indian Ocean most differentiated from each other. Effective migration rates were highest between the Southeastern Atlantic and the Southwestern Indian Ocean, followed by rates within the Southeastern Atlantic, and the lowest between the Southwestern and Northern Indian Ocean. At finer scales, very low gene flow was detected between the two neighbouring sub-regions in the Southeastern Atlantic, compared to high gene flow for whales within the Southwestern Indian Ocean. Our genetic results support the current management designations proposed by the International Whaling Commission of Breeding Stocks A, B, C, and X as four strongly structured populations. The population structure patterns found in this study are likely to have been influenced by a combination of long-term maternally directed fidelity of migratory destinations, along with other ecological and oceanographic features in the region.

  5. Managerial Stock Compensation and Risky Investment

    Directory of Open Access Journals (Sweden)

    Raluca Georgiana Nastasescu

    2009-06-01

    Full Text Available This study analyzes the relationship between the mix of CEO equity-based compensation, namely stock options and restricted stock, and firms' risky investment. In general, the theory suggests that long-term compensation aligns CEOs' and shareholders' interests by inducing the managers to undertake risky investment, which has a positive impact on longterm well-being of the firm. However, as my results show, it is important to distinguish between types of awards since they can have different effects on the riskiness of the firm. In this respect, I answer the question how are different types of stock based compensation related to the executives' determination to increase or not the intensity of the firm's risky investment? I find that awarding the CEOs preponderantly with stock options positively affects the firm's level of R&D investment. Conversely, a higher proportion of restricted stock in the CEO's compensation is related to lower investment in (risky R&D. The inverse relation of causality also holds. Firms that make intensive R&D investments are more likely to award their CEOs with more stock options relative to restricted stock. Overall, the results are consistent with the theoretical prediction, in that the managerial compensation scheme plays an important role in determining the level of R&D investment.

  6. Manufacturing Capital Lingers in the Stock Market

    Institute of Scientific and Technical Information of China (English)

    吴程涛; 段铸; 张景宇; 张曙光

    2008-01-01

    Pressured by a slowdown in exports, cost increases and dwindling returns to manufacturing investments, China’s manufacturing capital has begun to shift to the real-estate and stock markets. As a matter of fact, the stock market had already felt a shock a couple of years ago when top domestic manufacturers like Midea, Gree, TCL and LMZ started to invest their idle capital in the real-estate and stock markets. Investments of manufacturing capital in both the real estate and stock markets have increased fluid capital and pushed up the value of both markets. Booms in both markets have in turn guaranteed investment returns of manufacturing capital, which further increased the stock market valuations of manufacturing capital. Such a cycle has created interest chains between listed manufacturers, the stock market and the real-estate market. Along with the ups and downs of the stock and real-estate markets, manufacturing capital now faces a dilemma: to escape or to persist? Where should it escape? When can the markets be profitable again? Just like the classic Shakespearean question: to be or not to be, that is the question.

  7. Hidden Markov Model for Stock Selection

    Directory of Open Access Journals (Sweden)

    Nguyet Nguyen

    2015-10-01

    Full Text Available The hidden Markov model (HMM is typically used to predict the hidden regimes of observation data. Therefore, this model finds applications in many different areas, such as speech recognition systems, computational molecular biology and financial market predictions. In this paper, we use HMM for stock selection. We first use HMM to make monthly regime predictions for the four macroeconomic variables: inflation (consumer price index (CPI, industrial production index (INDPRO, stock market index (S&P 500 and market volatility (VIX. At the end of each month, we calibrate HMM’s parameters for each of these economic variables and predict its regimes for the next month. We then look back into historical data to find the time periods for which the four variables had similar regimes with the forecasted regimes. Within those similar periods, we analyze all of the S&P 500 stocks to identify which stock characteristics have been well rewarded during the time periods and assign scores and corresponding weights for each of the stock characteristics. A composite score of each stock is calculated based on the scores and weights of its features. Based on this algorithm, we choose the 50 top ranking stocks to buy. We compare the performances of the portfolio with the benchmark index, S&P 500. With an initial investment of $100 in December 1999, over 15 years, in December 2014, our portfolio had an average gain per annum of 14.9% versus 2.3% for the S&P 500.

  8. Power law models of stock indices

    Science.gov (United States)

    Tse, Man Kit

    Viewing the stock market as a self-organized system, Sornette and Johansen introduced physics-based models to study the dynamics of stock market crashes from the perspective of complex systems. This involved modeling stock market Indices using a mathematical power law exhibiting log-periodicity as the system approaches a market crash, which acts like a critical point in a thermodynamic system. In this dissertation, I aim to investigate stock indices to determine whether or not they exhibit log-periodic oscillations, according to the models proposed by Sornette, as they approach a crash. In addition to analyzing stock market crashes in the frequency domain using the discrete Fourier transform and the Lomb-Scargle periodogram, I perform a detailed analysis of the stock market crash models through parameter estimation and model testing. I find that the probability landscapes have a complex topography and that there is very little evidence that these phase transition-based models accurately describe stock market crashes.

  9. Asymmetric conditional volatility in international stock markets

    Science.gov (United States)

    Ferreira, Nuno B.; Menezes, Rui; Mendes, Diana A.

    2007-08-01

    Recent studies show that a negative shock in stock prices will generate more volatility than a positive shock of similar magnitude. The aim of this paper is to appraise the hypothesis under which the conditional mean and the conditional variance of stock returns are asymmetric functions of past information. We compare the results for the Portuguese Stock Market Index PSI 20 with six other Stock Market Indices, namely the SP 500, FTSE 100, DAX 30, CAC 40, ASE 20, and IBEX 35. In order to assess asymmetric volatility we use autoregressive conditional heteroskedasticity specifications known as TARCH and EGARCH. We also test for asymmetry after controlling for the effect of macroeconomic factors on stock market returns using TAR and M-TAR specifications within a VAR framework. Our results show that the conditional variance is an asymmetric function of past innovations raising proportionately more during market declines, a phenomenon known as the leverage effect. However, when we control for the effect of changes in macroeconomic variables, we find no significant evidence of asymmetric behaviour of the stock market returns. There are some signs that the Portuguese Stock Market tends to show somewhat less market efficiency than other markets since the effect of the shocks appear to take a longer time to dissipate.

  10. Breeding behavior of immature mourning doves

    Science.gov (United States)

    Irby, H.D.; Blankenship, L.H.

    1966-01-01

    Some immature mourning doves (Zenaidura mncroura) are capable of breeding in their first (calendar) year of life. The breeding activities of immatures observed in this study included calling, copulating, and nesting. Development of sexual structures such as cloacal papillae, oviduct openings, and gonads was also regarded as evidence of breeding potential. Immatures were identified principally by white-tipped wing coverts. Sexes were distinguished by behavioral characteristics. Males coo, perform flights, carry nest material, and attend nests during the day and females attend nests at night. Immatures were involved in at least ten nestings on two areas near Tucson, Arizona, in 1963. Five young fledged from these nests.

  11. First charge breeding results at CARIBU EBIS

    International Nuclear Information System (INIS)

    The Electron Beam Ion Source (EBIS) developed to breed CARIBU radioactive beams at ATLAS is currently in the off-line commissioning stage. The beam commissioning is being performed using a low emittance surface ionization source producing singly-charged cesium ions. The primary goal of the off-line commissioning is the demonstration of high-efficiency charge breeding in the pulsed injection mode. An overview of the final design of the CARIBU EBIS charge breeder, the off-line commissioning installation and the first results on charge breeding of stable cesium ions are presented and discussed

  12. INFLUENCE OF BREED ON CARCASS CUTS COMPOSITION

    Directory of Open Access Journals (Sweden)

    Silvester Žgur

    2000-06-01

    Full Text Available Carcass from 260 Simmental and 159 Brown bulls were dissected first to different cuts (chuck, shoulder, front shank, rib roast, back, loin, tenderloin, brisket, rib, flank, leg and hind shank and then to lean, fat, tendon and bone. The comparison between two breeds was made at 12.5 % carcass fat. Simmental breed had statistically significantly higher share of leg and brisket with rib and lower share of chuck, front and hind shank, rib roast, tenderloin and flank, with higher lean and lower bone percentage, but the differences were relatively small compared to Brown breed.

  13. In vitro technology for mutation breeding

    International Nuclear Information System (INIS)

    The ultimate aim of the Co-ordinated Research Programme on In Vitro Technology for Mutation Breeding is to provide new effective tools for plant breeders to construct new cultivars, thus increasing agricultural production of food, feed and industrial raw material, particularly in developing countries. The participants of the research co-ordination meetings considered the potential of new advances of agricultural biotechnology, especially the use of in vitro techniques for mutation breeding. They discussed and co-ordinated plans in conjunction with the impact on plant breeding of novel technologies, such as use of somaclonal variation, cell hybridization and molecular genetics

  14. Mutation breeding in diffrent types of pepper

    International Nuclear Information System (INIS)

    This project was carried out under the collaboration of TAEK, SANAEM, and BATEM within 1999-2005 period. The aim of this project was to create new pepper varieties in Sera Demre 8 (green pepper) and ST59 (green pepper) cultivars which are important greenhouse cultivars by using mutation breeding methods. The Effective Mutagen Dose (ED50) was calculated by linear regression analyses. According to results, 166 Gy dose was found as ED50. At the end of the breeding cycle 14 new mutant lines were obtained from mutant population. These mutant lines are still using as genitor for F1 hybrid pepper breeding programs

  15. Breeding bald eagles in captivity

    Science.gov (United States)

    Maestrelli, J.R.; Wiemeyer, Stanley N.

    1975-01-01

    A 7-year-old female Bald Eagle from Alabama was paired with a 4-year-old Alaskan male in a large flight pen during December 1969. Both birds were free of physical defects when originally placed in the pen but the female was blind in one eye prior to the 1973 breeding season.....Nesting first occurred during 1971 when at least two eggs were laid; all but one, which showed no sign of embryonic development after being incubated for 56 days, were broken by the adult birds. Two of three eggs laid in 1972 hatched. Both young died a few days after hatching following a period of inclement weather. Three eggs were laid and hatched during 1973. Antagonism between the nestlings was observed soon after hatching and may have been responsible for the unobserved death of one nestling, two days after the third young hatched. The two remaining young were raised by the adult birds and eventually left the nest 85 days after the first egg hatched. Incubation periods for the 1972-73 clutches averaged 35 days. No renesting attempts were made by the eagles during the 3.year period.

  16. Mutation breedings in ornamental plants

    International Nuclear Information System (INIS)

    Several methods of obtaining somatic mutant plants by γ-ray irradiation on pieces of tissues as in vitro adventitious bud technique or small cutting methods with repeated pruning are described. 1) The irradiation to the adventitious buds in the small pieces of organ cultured in vitro and to the small cuttings are employed. Culture beds of agar or of Japanese Kanuma soil were used in vitro culture. In these experiments, Japanese Kanuma soil bed in in vitro culture worked well for root development and transplant of the induced mutants. 2) Combination with in vitro culture and repeated pruning technique were used for isolation and fixation of solid somatic mutant from small sectorial mutation induced by irradiation. This method was successful for begonia, chrysanthemum, aberia and winter daphne. 3) These data indicates that most of the induced mutant plants were non-chimeric, while a few others were chimeric. Among the new varieties, ''Gin-Sei'', ''Ryoku-Ha'', ''Big-Cross'', ''Kaede-Iron'', ''Mei-Fu-Hana-Tsukubane-Utsugi'' and ''Daphne-γ-3'' are non-chimeric, and ''Mini-Mini-Iron'' and ''Orange-Iron'' are chimeric. Moreover, these new varieties have remarkably differed in size and in color pattern from original variety. From the experimental results of somatic mutation, it is indicated that plant tissue culture have enormous potential in radiation breeding and in rapid propagation of the somatic mutant. (author)

  17. STRATEGY OF STOCK VALUATION BY FUNDAMENTAL ANALYSIS

    OpenAIRE

    Zoran Ivanovic; Sinisa Bogdan; Suzana Baresa

    2013-01-01

    Common stock valuation presents one of the most complex tasks in financial analysis. When it attemps to answer on question: „what affects on stock movements?“ then the answer would not relate only on economic factors. There are numerous factors that affect the stock price and which are almost impossible to predict. As one of the best ways to fight against many factors that make the uncertainty arises fundamental analysis. Fundamental analysis is one of the most widely used method for estimati...

  18. Forecasting Croatian stock market index: Crobex

    OpenAIRE

    Zoran Ivanovic; Sinisa Bogdan; Suzana Baresa

    2013-01-01

    Forecasting stock returns is considered one of the hardest tasks for every potential investor. This paper attempts to predict the movement of Croatian stock market index Crobex on Zagreb Stock Exchange. Main aim of this paper was to empirically examine the best univariate Autoregressive Integrated Moving Average model for forecasting. This research examined ARIMA (p;d;q) model on weekly closed prices of Crobex from 01/01/2011 to 01/01/2013. First it was necessary to meet the stationary condit...

  19. Oil Volatility Risk and Expected Stock Returns

    DEFF Research Database (Denmark)

    Christoffersen, Peter; Pan, Xuhui (Nick)

    After the financialization of commodity futures markets in 2004-05 oil volatility has become a strong predictor of returns and volatility of the overall stock market. Furthermore, stocks' exposure to oil volatility risk now drives the cross-section of expected returns. The difference in average...... return between the quintile of stocks with low exposure and high exposure to oil volatility is significant at 0.66% per month, and oil volatility risk carries a significant risk premium of -0.60% per month. In the post-financialization period, oil volatility risk is strongly related with various measures...

  20. Fish stocking density impacts tank hydrodynamics

    DEFF Research Database (Denmark)

    Rasmussen, Michael R.; Lunger, Angela; Laursen, Jesper;

    2006-01-01

    The effect of stocking density upon the hydrodynamics of a circular tank, configured in a recirculation system, was investigated. Red drums Sciaenops ocellatus of approximately 140 g wet weight, were stocked at five rates varying from 0 to 12 kg m-3. The impact of the presence of fish upon tank...... hydrodynamics was established using in-tank-based Rhodamine WT fluorometry at a flow rate of 0.23 l s-1 (tank exchange rate of 1.9 h-1). With increasing numbers of animals, curvilinear relationships were observed for dispersion coefficients and tank mixing times. Stocking densities of 3, 6, 9 and 12 kg m-3...

  1. The Chinese Stock Market: Development and Prospects

    OpenAIRE

    Xiangmei Fan; Yanrui Wu; Nicolaas Groenewold

    2003-01-01

    This paper reviews the history of the development of the Chinese stock market, analyses the market scale and structure, and sheds light on the prospects of the market. The development of the stock market can be classified into four stages, namely, the early stage of stock market development (1983-1991), the transition of the regulatory system (1992-1996), the Red Chips craze and the deflation (1997-1999), and WTO entry and state share reduction (2000-present). We argue that the current struct...

  2. Dynamic Stock Market Participation of Households

    DEFF Research Database (Denmark)

    Khorunzhina, Natalia

    This paper develops and estimates a dynamic model of stock market participation, where consumers’ decisions regarding stock market participation are influenced by participation costs. The practical significance of the participation costs is considered as being a channel through which financial...... education programs can affect consumers’ investment decisions. Using household data from the Panel Study of Income Dynamics, I estimate the magnitude of the participation cost, allowing for individual heterogeneity in it. The results show the average stock market articipation cost is about 5% of labor...

  3. Structural Estimation of Stock Market Participation Costs

    DEFF Research Database (Denmark)

    Khorunzhina, Natalia

    2013-01-01

    This paper develops and estimates a dynamic model of stock market participation, where consumers' decisions regarding stock market participation are influenced by participation costs. The practical significance of the participation costs is considered as being a channel through which financial...... education programs can affect consumers' investment decisions. Using household data from the Panel Study of Income Dynamics, I estimate the magnitude of the participation cost, allowing for individual heterogeneity in it. The results show the average stock market participation cost is about 4–6% of labor...

  4. Stock Split Bubble and Livedoor-Shock

    OpenAIRE

    Youki Kohsaka

    2011-01-01

    This paper examines whether the stock split bubble in Japan burst by not only reformed system, but also Livedoor-shock. It is difficult to identify the effects of the both events, because they occurred in the same month (January, 2006). Thus, I identify both effects by dividing the samples into the following three; the split stocks in the old system and the split stocks in the new system, the news of which was announced before and after Livedoor-shock. Empirical results reveal that restrictio...

  5. Plant breeding and genetics newsletter. No. 6

    International Nuclear Information System (INIS)

    We are approaching the end of yet another year and it is logical to take stock of the activities undertaken by the sub Programme during 2000. Our primary focus has continued to help Member States in improving crops by using radiation-induced mutations. Many allied technologies, particularly tissue culture and molecular biology have been added to enhance the efficiency of mutant induction, isolation, multiplication and their release as new varieties. We have continued to bring the latest developments and innovations in these rapidly advancing technologies for integration into the conventional breeding of mutation-derived varieties. This is reflected in the on-going Coordinated Research Projects (CRPs) on new and traditional industrial crops, creation of new useful banana genotypes, molecular characterization of mutated genes controlling important traits in seed crops, radioactively labeled DNA probes in crop improvement and the improvement of local food crops in Low Income Food Deficit Countries, and in the two newly initiated (CRPs), one on the analysis of root characters in annual food plants related to plant performance and the other on the improvement of tropical fruits. The necessity to have an inter-disciplinary approach to solve problems is also reflected in the implementation of Technical Co-operation Projects (TCPs). For example, in North Africa, date palm has a unique role in food security and the eco-system. However, 'Bayoud' disease has killed over 15 million trees and is posing a serious threat to date palm production in Tunisia. Under a regional TCP to control the disease, irradiation of embryogenic cultures was investigated and low dose gamma radiation was found to increase the formation of somatic embryos. Date palm trees can also be multiplied in vitro through either shoot formation or somatic embryos, which allows irradiation of large populations. Another example is fruit crops, many of which have not benefited from the use of radiation

  6. Co-integration and Causality Among Jakarta Stock Exchange, Singapore Stock Exchange, and Kuala Lumpur Stock Exchange

    OpenAIRE

    Febrian, Erie; Herwany, Aldrin

    2007-01-01

    For both risk management and portfolio selection purposes, modeling the linkage across financial markets is crucial, especially among neighboring stock markets. In investigating the dependence or co-movement of three or more stock markets in different countries, researchers frequently use co-integration and causality analysis. Nevertheless, they conducted the causality in mean tests but not the causality in variance tests. This paper examines the co-integration and causal relations among ...

  7. FUNDAMENTAL ANALYSIS AND DISCOUNTED FREE CASH FLOW VALUATION OF STOCKS AT MACEDONIAN STOCK EXCHANGE

    Directory of Open Access Journals (Sweden)

    Nadica Ivanovska

    2014-06-01

    Full Text Available We examine the valuation performance of Discounted Free Cash Flow Model (DFCF at the Macedonian Stock Exchange (MSE in order to determine if this model offer significant level of accuracy and relevancy for stock values determination. We find that stock values calculated with DCF model are very close to average market prices which suggests that market prices oscillate near their fundamental values. We can conclude that DFCF models are useful tools for the companies’ enterprise values calculation on long term. The analysis of our results derived from stock valuation with DFCF model as well as comparison with average market stock prices suggest that discounted cash flow model is relatively reliable valuation tool that have to be used for stocks analyses at MSE.

  8. The Relationship between Macroeconomic Variables and Stock Returns in the Tehran Stock Exchange

    Directory of Open Access Journals (Sweden)

    Saeed Samadi

    2012-06-01

    Full Text Available Relationship between stock returns and macroeconomic variables of interest to many researchers have been, But so far not reached a definitive conclusion about this relationship. This relationship varies from country to country due to the economic structure provides different results. In this study the impact of macroeconomic variables including exchange rates, world gold prices, inflation, liquidity and oil price on the stock returns index in Tehran Stock Exchange data is evaluated monthly over the period 1379 to 1389 by “ GACH “ economic model. Results showed that the gold price , inflation and exchange rate variables influencing on the stock return and oil price and liquidity had no impact on the stock returns. The results indicate that there is a lever on Tehran stock market.

  9. Western Ontario: Waterfowl breeding population survey: 1987

    Data.gov (United States)

    US Fish and Wildlife Service, Department of the Interior — This report summarizes the Waterfowl Breeding Population and Habitat Survey for western Ontario during 1987. The primary purpose of the survey is to provide...

  10. Breeding for mechanised sesame production in Australia

    International Nuclear Information System (INIS)

    Introduction of sesame germplasm from Myanmar and Mexico was not satisfactory for successful development of the Australian sesame industry. Therefore, a national breeding programme was undertaken by CSIRO and the Northern Territory Department of Primary Industry and Fisheries (NTDPIF). The main traits considered for selection were latitudinal adaptation, temperature response, growth habit, determinacy, palatability, capsules per leaf axil, seed shattering and seed dormancy. The CSIRO breeding efforts started in 1989 with a hybridization programme using germplasm from Japan, Mexico, Myanmar, Rep. of Korea and Venezuela. This programme resulted in selection in the F6 generation of branched types released under the names 'Beech's choice' and 'Aussie Gold'. The NTDPIF sesame breeding programme started in 1993 with hybridization of introductions. The Mexican cultivar 'Yori 77' was selected for release, and after several years of intraline selection the uniculm cultivar 'Edith' was released in 1996. Further breeding continues to improve seed retention and resistance to charcoal rot. (author)

  11. For Refugee Children, Support Breeds Success

    Science.gov (United States)

    ... nih.gov/medlineplus/news/fullstory_159196.html For Refugee Children, Support Breeds Success Study sees 'potential to ... June 3, 2016 (HealthDay News) -- With adequate support, refugee children do as well in school as other ...

  12. California Least Tern Breeding Survey 1995 Season

    Data.gov (United States)

    US Fish and Wildlife Service, Department of the Interior — Sterna antillarum browni) nested at 37 sites along the coast of California. This 7% decrease in breeding population size from 1994 brings to an end the trend since...

  13. Manual on mutation breeding. 2. ed.

    International Nuclear Information System (INIS)

    The manual is a compilation of work done on the use of induced mutations in plant breeding, and presents general methods and techniques in this field. The use of chemical mutagens and ionizing radiations (X-rays, gamma rays, α- and β-particles, protons, neutrons) are described as well as the effects of these mutagens. The different types of mutations achieved can be divided into genome mutations, chromosome mutations and extra nuclear mutations. Separate chapters deal with mutation techniques in breeding seed-propagated species and asexually propagated plants (examples of development of cultivars given). Plant characters which can be improved by mutation breeding include yield, ripening time, growth habit, disease resistance and tolerance to environmental factors (temperature, salinity etc.). The use of mutagens for some specific plant breeding problems is discussed and attention is also paid to somatic cell genetics in connection with induced mutations. The manual contains a comprehensive bibliography (60 p. references) and a subject index

  14. Equine post-breeding endometritis: A review.

    Science.gov (United States)

    Maischberger, E; Irwin, Ja; Carrington, Sd; Duggan, Ve

    2008-01-01

    The deposition of semen, bacteria and debris in the uterus of the mare after breeding normally induces a self-limiting endometritis. The resultant fluid and inflammatory products are cleared by 48 hours post cover. Mares that are susceptible to persistent post-breeding endometritis (PPBEM) have impaired uterine defence and clearance mechanisms, making them unable to resolve this inflammation within the normal time. This persists beyond 48 hours post-breeding and causes persistent fluid accumulation within the uterus. Mares with PPBEM have an increased rate of embryonic loss and a lower overall pregnancy rate than those without the condition. To enhance conception rates, mares at high risk need optimal breeding management as well as early diagnosis, followed by the most appropriate treatment. This article reviews the pathogenesis, diagnosis and treatment of PPBEM and the management of affected mares. PMID:21851709

  15. Western Ontario: Waterfowl breeding population survey: 1998

    Data.gov (United States)

    US Fish and Wildlife Service, Department of the Interior — This report summarizes the Waterfowl Breeding Population and Habitat Survey for western Ontario during 1998. The primary purpose of the survey is to provide...

  16. Waterfowl breeding population survey: Southern Saskatchewan: 1979

    Data.gov (United States)

    US Fish and Wildlife Service, Department of the Interior — This report summarizes the Waterfowl Breeding Population and Habitat Survey for southern Saskatchewan during 1979. The primary purpose of the survey is to provide...

  17. Tilapia breeding in ricefields in Vietnam

    OpenAIRE

    Nguyen, C.D.; Tran, M.T.; Dinh, V.T.

    1997-01-01

    Results of the studies undertaken for breeding and nursing Nile tilapia (Oreochromis niloticus) in ricefields in Thai Binh province in Vietnam during the years 1995-96 are briefly presented in this paper.

  18. Waterfowl Breeding Population and Habitat Survey

    Data.gov (United States)

    US Fish and Wildlife Service, Department of the Interior — The Waterfowl Breeding Population and Habitat Survey was initiated experimentally in 1947 and became operational in 1955. It is conducted cooperatively by the U.S....

  19. Breeding peregrine falcon survey, Amchitka Island, Alaska

    Data.gov (United States)

    US Fish and Wildlife Service, Department of the Interior — A breeding peregrine falcon (Falco peregrines) survey was conducted on Amchitka Island, Alaska Maritime National Wildlife Refuge from May 2-9, 1981 in conjunction...

  20. Equine post-breeding endometritis: A review

    Directory of Open Access Journals (Sweden)

    Maischberger E

    2008-03-01

    Full Text Available Abstract The deposition of semen, bacteria and debris in the uterus of the mare after breeding normally induces a self-limiting endometritis. The resultant fluid and inflammatory products are cleared by 48 hours post cover. Mares that are susceptible to persistent post-breeding endometritis (PPBEM have impaired uterine defence and clearance mechanisms, making them unable to resolve this inflammation within the normal time. This persists beyond 48 hours post-breeding and causes persistent fluid accumulation within the uterus. Mares with PPBEM have an increased rate of embryonic loss and a lower overall pregnancy rate than those without the condition. To enhance conception rates, mares at high risk need optimal breeding management as well as early diagnosis, followed by the most appropriate treatment. This article reviews the pathogenesis, diagnosis and treatment of PPBEM and the management of affected mares.

  1. Final Performance Report : Snowy Plover Breeding Distribution

    Data.gov (United States)

    US Fish and Wildlife Service, Department of the Interior — Surveys of breeding populations and nesting habitat of the snowy plover were conducted from January to August, 1989 along the Gulf Coast of Florida and Alabama....

  2. Waterfowl breeding population survey: Southern Saskatchewan: 1999

    Data.gov (United States)

    US Fish and Wildlife Service, Department of the Interior — This report summarizes the Waterfowl Breeding Population and Habitat Survey for southern Saskatchewan during 1999. The primary purpose of the survey is to provide...

  3. Analysis of breed effects on semen traits in light horse, warmblood, and draught horse breeds.

    Science.gov (United States)

    Gottschalk, Maren; Sieme, Harald; Martinsson, Gunilla; Distl, Ottmar

    2016-05-01

    In the present study, systematic effects on semen quality traits were investigated in 381 stallions representing 22 breeds. All stallions were used for AI either at the Lower Saxon National Stud Celle or the North Rhine-Westphalian National Stud Warendorf. A total of 71,078 fresh semen reports of the years 2001 to 2014 were edited for analysis of gel-free volume, sperm concentration, total number of sperm, progressive motility, and total number of progressively motile sperm. Breed differences were studied for warmblood and light horse breeds of both national studs (model I) and for warmblood breeds and the draught horse breed Rhenish German Coldblood from the North Rhine-Westphalian National stud (model II) using mixed model procedures. The fixed effects of age class, year, and month of semen collection had significant influences on all semen traits in both analyses. A significant influence of the horse breed was found for all semen traits but gel-free volume in both statistical models. Comparing warmblood and light horse stallions of both national studs, we observed highest sperm concentrations, total numbers of sperm, and total numbers of progressively motile sperm in Anglo-Arabian stallions. The draught horse breed Rhenish German Coldblood had the highest least squares means for gel-free volume, whereas all other investigated semen traits were significantly lower in this breed compared to the warmblood stallions under study. The variance components among stallions within breeds were significant for all semen traits and accounted for 40% to 59% of the total variance. The between-breed-variance among stallions was not significant underlining the similar size of the random stallion effect in each of the horse breeds analyzed here. In conclusion, breed and stallion are accounting for a significant proportion of the variation in semen quality. PMID:26893165

  4. Citrus breeding, genetics and genomics in Japan

    OpenAIRE

    Omura, Mitsuo; Shimada, Takehiko

    2016-01-01

    Citrus is one of the most cultivated fruits in the world, and satsuma mandarin (Citrus unshiu Marc.) is a major cultivated citrus in Japan. Many excellent cultivars derived from satsuma mandarin have been released through the improvement of mandarins using a conventional breeding method. The citrus breeding program is a lengthy process owing to the long juvenility, and it is predicted that marker-assisted selection (MAS) will overcome the obstacle and improve the efficiency of conventional br...

  5. Breeding for genetic resistance to disease

    OpenAIRE

    Pinard-van der Laan, Marie-Helene

    2012-01-01

    Animal health issues are of increasing importance to all animal breeding sectors, including poultry, by raising health and welfare issues and causing major production costs, but also to citizens, by affecting possibly their own health and lifestyle choices. So far, traditional selective breeding approaches have been applied successfully by poultry breeders to enhance production and reproduction traits; but the inclusion of animal health related traits are scarcely considered because of a clea...

  6. Inventory analysis of West African cattle breeds

    International Nuclear Information System (INIS)

    The improvement of livestock productivity and the preservation of their genetic diversity to allow breeders to select animals adapted to environmental changes, diseases and social needs, require a detailed inventory and genetic characterization of domesticated animal breeds. Indeed, in developing countries, the notion of breed is not clearly defined, as visual traits are often used and characterization procedures are often subjective. So it is necessary to upgrade the phenotypic approach using genetic information. At CIRDES, a regional centre for subhumid livestock research and development, such studies have been conducted. This paper focuses on cattle breed inventory in seven countries of West Africa as a tool for genetic research on cattle improvement. Data collection was done using a bibliographical study, complemented by in situ investigations. According to phenotypic description and concepts used by indigenous livestock keepers, 13 local cattle breeds were recognized: N'dama, Kouri, the Baoule-Somba group, the Lagoon cattle group, zebu Azawak, zebu Maure, zebu Touareg, zebu Goudali, zebu Bororo, zebu White Fulani, zebu Djelli, zebu Peuhl soudanien and zebu Gobra (Toronke). Nine exotic breeds, (American Brahman, Gir, Girolando, Droughtmaster, Santa Gertrudis, Holstein, Montbeliarde, Jersey and Brown Swiss) and five typical cross-breeds (Holstein x Goudali; Montbeliarde x Goudali; Holstein x Azawak; Brown Swiss x Azawak; and Brown Swiss x zebu peuhl soudanien) were also found. From this initial investigation, the areas of heavy concentration of herds and the most important breeds were described. The review has also indicated the necessity for a balance between improving livestock productivity and the conservation of trypanotolerant breeds at risk of extinction in West Africa. (author)

  7. Hybrid reactors: nuclear breeding or energy production?

    OpenAIRE

    Piera, Mireia; Lafuente Mazuecos, Antonio; Abánades Velasco, Alberto; Martínez-Val Peñalosa, Jose Maria

    2010-01-01

    After reviewing the long-standing tradition on hybrid research, an assessment model is presented in order to characterize the hybrid performance under different objectives. In hybrids, neutron multiplication in the subcritical blanket plays a major role, not only for energy production and nuclear breeding, but also for tritium breeding, which is fundamental requirement in fusion–fission hybrids. All three objectives are better achieved with high values of the neutron multiplication factor (k-...

  8. Briefing note on animal breeding and genetics

    OpenAIRE

    Bruce, Ann

    2012-01-01

    Historically, adoption of breeding technologies by sheep and beef farmers has been slow and variable. This research aimed to understand why, and if the context of reducing methane emissions was likely to change adoption rates. Sheep and beef farmers around the UK were interviewed to find out if they would adopt a range of technologies to reduce methane emissions.* The farmers interviewed were less than convinced that breeding could be effective in reducing greenhouse gas emissions.

  9. Participatory breeding system for laying hens

    OpenAIRE

    Leenstra, Ferry

    2010-01-01

    Livestock breeds (and breeding systems) developed for intensive production systems often do not perform as expected in organic and extensive systems. For these alternative systems animals need good social and ranging behaviour, which is in general not necessary in intensive systems with greater confinement for the animals. Although this is the case in all the livestock species (e.g. dairy cows, pigs and sheep), in poultry, the differences between organic/free range and...

  10. Biotechnology and apple breeding in Japan

    OpenAIRE

    Igarashi, Megumi; Hatsuyama, Yoshimichi; Harada, Takeo; Fukasawa-Akada, Tomoko

    2016-01-01

    Apple is a fruit crop of significant economic importance, and breeders world wide continue to develop novel cultivars with improved characteristics. The lengthy juvenile period and the large field space required to grow apple populations have imposed major limitations on breeding. Various molecular biological techniques have been employed to make apple breeding easier. Transgenic technology has facilitated the development of apples with resistance to fungal or bacterial diseases, improved fru...

  11. FUNDAMENTAL ANALYSIS AND DISCOUNTED FREE CASH FLOW VALUATION OF STOCKS AT MACEDONIAN STOCK EXCHANGE

    OpenAIRE

    Nadica Ivanovska

    2014-01-01

    We examine the valuation performance of Discounted Free Cash Flow Model (DFCF) at the Macedonian Stock Exchange (MSE) in order to determine if this model offer significant level of accuracy and relevancy for stock values determination. We find that stock values calculated with DCF model are very close to average market prices which suggests that market prices oscillate near their fundamental values. We can conclude that DFCF models are useful tools for the companies’ enterprise values calcula...

  12. A Comparative Analysis of Stock Price Behaviors on the Colombo and Nigeria Stock Exchanges

    OpenAIRE

    R.M. Kapila Tharanga Rathnayaka, D.M. K. N. Seneviratna

    2014-01-01

    Time series models are widely used in economics today; especially the nonlinear models under the stationary and non-stationary frameworks for forecasting future patterns. This study sheds light on stock market performance between the Colombo stock exchange (CSE) and Nigeria stock exchange (NSE) from January 2007 to May 2013 under the comparative purposes. Miscellaneous types of statistical techniques were widely used. The study results clearly suggested that the price movement in CSE is more ...

  13. On the Relationship Between Stock Prices and Macroeconomic Variables in Istanbul Stock Exchange

    OpenAIRE

    M. Banu Durukan

    1999-01-01

    Even though numerous studies have been conducted to shed light on the relationship between stock prices and macroeconomic variables, there still remains unsettled controversy concerning this issue. Consequently, this paper aims to deal with this outstanding issue by actually investigating the effect of macroeconomic variables on stock prices in Istanbul Stock Exchange, an emerging market, over the time period from 1986 to 1998 by utilizing the Ordinary Least Squares (OLS) method. The empirica...

  14. Do companies manage earnings ahead of stock-for-stock acquisitions? Recent evidence from the UK

    OpenAIRE

    Klobut, Henrik

    2014-01-01

    OBJECTIVES OF THE STUDY: In this thesis I study the earnings management phenomenon in conjunction with stock-for-stock acquisitions. I also examine certain acquirer and target company characteristics that have an effect on the magnitude of stock acquirers' discretionary accruals. The objective of this thesis is to expand academic understanding on earnings management and to provide explanations on management incentives to report adjusted figures ahead of acquisitions. Further, understandin...

  15. Does credit for equity investments feedback on stock market volatility? Evidence from an emerging stock market

    OpenAIRE

    Onour, Ibrahim

    2011-01-01

    This paper investigates the causal relationships between volatility in Saudi stock market and banks credit for equity investments. Our finding indicate there is a bi-directional feedback effects between the stock price volatility and banks credit loans. In other words, volatility in private credit for equity investments influence volatility in stock price and vice versa. A policy implication of such result is that regulating private credit loans in banking sector could reduce the upn...

  16. Response of Stock Markets to Monetary Policy: An Asian Stock Market Perspective

    OpenAIRE

    Yoshino, Naoyuki; Taghizadeh-Hesary, Farhad; Hassanzadeh, Ali; Danu Prasetyo, Ahmad

    2014-01-01

    We estimate the response of Asian stock market prices to exogenous monetary policy shocks using a vector error correction model. In our paper, monetary policy transmits to stock market price through three routes : money by itself, exchange rate, and inflation. Our result points to the fact that stock prices increase persistently in response to an exogenous easing monetary policy. Variance deposition results show that, after 10 periods, the forecast error variance of beyond 53% of the Tehran S...

  17. Impact of macroeconomic indicators on stock market performance: The case of the Ghana Stock Exchange

    OpenAIRE

    Anthony Kyereboah-Coleman; Kwame F. Agyire-Tettey

    2008-01-01

    Purpose – The study aims at examining how macroeconomic indicators affect the performance of stock markets by using the Ghana Stock Exchange as a case study. Design/methodology/approach – Quarterly time series data covering the period 1991-2005 were used. Cointegration and the error correction model techniques are employed to ascertain both short- and long-run relationships. Findings – Findings of the study reveal that lending rates from deposit money banks have an adverse effect on stock mar...

  18. Effect of Dividend Policy Measures on Stock Prices : With Reference to Karachi Stock Exchange, Pakistan

    OpenAIRE

    Ullah, Saif

    2011-01-01

    The objective of this study is to examine the dividend policy measures effect on the stock prices. A sample of 171 listed companies from Karachi Stock Exchange, Pakistan is examined for a period from 1998 to 2006. The dependent variable stock price volatility is regressed against the dividend policy measures (independent variables) e.g., dividend yield, dividend payout ratio, actual cash dividends and dividend to total assets of the firm, after controlling for firms’ profitability, liquidity,...

  19. Skeletal muscle transcriptional profiles in two Italian beef breeds, Chianina and Maremmana, reveal breed specific variation.

    Science.gov (United States)

    Bongiorni, S; Gruber, C E M; Chillemi, G; Bueno, S; Failla, S; Moioli, B; Ferrè, F; Valentini, A

    2016-04-01

    Chianina and Maremmana breeds play an important role in the Italian cattle meat market. The Chianina breed is an ancient breed principally raised for draught. Now this breed is the worldwide recognized producer of top quality beef, tasteful and tender, specifically the famous "Florentine steak". The Maremmana characterized by a massive skeletal structure, is a rustic cattle breed selected for adaptability to the marshy land of the Maremma region. We used a high throughput mRNA sequencing to analyze gene expression in muscle tissues of two Italian cattle breeds, Maremmana (MM) and Chianina (CN) with different selection history. We aim to examine the specific genetic contribution of each breed to meat production and quality, comparing the skeletal muscle tissue from Maremmana and Chianina. Most of the differentially expressed genes were grouped in the Glycolysis/Gluconeogenesis pathways. The rate and the extent of post-mortem energy metabolism have a critical effect on the conversion of muscle to meat. Furthermore, we aim at discovering the differences in nucleotide variation between the two breeds which might be attributable to the different history of selection/divergence. In this work we could emphasize the involvement of pathways of post-mortem energy metabolism. Moreover, we detected a collection of coding SNPs which could offer new genomic resources to improve phenotypic selection in livestock breeding program. PMID:26896938

  20. 41 CFR 109-27.5003 - Stock control.

    Science.gov (United States)

    2010-07-01

    ... 41 Public Contracts and Property Management 3 2010-07-01 2010-07-01 false Stock control. 109-27...-INVENTORY MANAGEMENT 27.50-Inventory Management Policies, Procedures, and Guidelines § 109-27.5003 Stock control. (a) Stock control shall be maintained on the basis of stock record accounts of inventories...

  1. Resilience and Critical Stock Size in a Stochastic Recruitment Model

    NARCIS (Netherlands)

    Grasman, J.; Huiskes, M.J.

    2001-01-01

    A stochastic model for fish recruitment is fitted to data after performing an age-structured stock assessment. The main aim is to investigate the relation between safe levels of spawning stock size and fish stock resilience. Resilience indicators, such as stock recovery time and the frequency that a

  2. Development of the stock exchange information system

    Directory of Open Access Journals (Sweden)

    Miladinović Radojko

    2006-01-01

    Full Text Available The stock exchange represents the key institution for the development of capital market of any country. Thus the information system of every stock exchange must satisfy very strict international standards. The development of these systems is particularly difficult in countries in transition, due to intense economic and legal changes, lack of technical and financial resources, lack of experience and knowledge in the area of the capital market business, etc. Therefore the special software project management methodology for their realization must be clearly defined. In the development process of the Belgrade Stock Exchange (BSE information system a new software project management methodology for its realization has been defined, the application of which is illustrated through a series of different development stages of the Belgrade Stock Exchange information system. In order to make all the problems more comprehensive, only the continuous trading method is described, being the most frequently used trading method in the world.

  3. Community monitoring of carbon stocks for REDD+

    DEFF Research Database (Denmark)

    Brofeldt, Søren; Theilade, Ida; Burgess, Neil David;

    2014-01-01

    Reducing emissions from deforestation and forest degradation in developing countries, and the role of conservation, sustainable management of forests, and enhancement of forest carbon stocks in developing countries (REDD+) is a potentially powerful international policy mechanism that many tropica...

  4. Influence network in Chinese stock market

    CERN Document Server

    Gao, Ya-Chun; Cai, Shi-Min

    2015-01-01

    In a stock market, the price fluctuations are interactive, that is, one listed company can influence others. In this paper, we seek to study the influence relationships among listed companies by constructing a directed network on the basis of Chinese stock market. This influence network shows distinct topological properties, particularly, a few large companies that can lead the tendency of stock market are recognized. Furthermore, by analyzing the subnetworks of listed companies distributed in several significant economic sectors, it is found that the influence relationships are totally different from one economic sector to another, of which three types of connectivity as well as hub-like listed companies are identified. In addition, the rankings of listed companies obtained from the centrality metrics of influence network are compared with that according to the assets, which gives inspiration to uncover and understand the importance of listed companies in the stock market. These empirical results are meaning...

  5. Combining Stocks and Flows of Knowledge

    DEFF Research Database (Denmark)

    Ambos, Tina C.; Nell, Phillip Christopher; Pedersen, Torben

    In the area of knowledge management and knowledge governance, previous research has mostly focused on either knowledge stocks or knowledge flows of firms or organizational units. Contrary to this work, our study is among the first to integrate these two perspectives in order to shed light on the...... complementarity effects of different types of knowledge stocks and flows in the multinational corporation (MNC). We investigate intra-functional as well as cross-functional complementarity effects from the perspective of the knowledge recipient. We test the impact of stocks on flows on the benefit that is created...... for MNC units. Based on a comprehensive sample of 324 relationships between MNC units we find that both types of complementarity create benefits for these units, but that the effects from intra-functional combinations of knowledge stocks and flows are significantly stronger than from cross...

  6. The volatility of stock market prices.

    Science.gov (United States)

    Shiller, R J

    1987-01-01

    If the volatility of stock market prices is to be understood in terms of the efficient markets hypothesis, then there should be evidence that true investment value changes through time sufficiently to justify the price changes. Three indicators of change in true investment value of the aggregate stock market in the United States from 1871 to 1986 are considered: changes in dividends, in real interest rates, and in a direct measure of intertemporal marginal rates of substitution. Although there are some ambiguities in interpreting the evidence, dividend changes appear to contribute very little toward justifying the observed historical volatility of stock prices. The other indicators contribute some, but still most of the volatility of stock market prices appears unexplained. PMID:17769311

  7. SIS - Species and Stock Administrative Data Set

    Data.gov (United States)

    National Oceanic and Atmospheric Administration, Department of Commerce — The Species and Stock Administrative data set within the Species Information System (SIS) defines entities within the database that serve as the basis for recording...

  8. Scaling in the Bombay stock exchange index

    Indian Academy of Sciences (India)

    Ashok Razdan

    2002-03-01

    In this paper we study Bombay stock exchange (BSE) index financial time series for fractal and multifractal behaviour. We show that BSE index time series is monofractal and can be represented by a fractional Brownian motion.

  9. Testicular Histomorphometric Evaluation of Zebu Bull Breeds

    Directory of Open Access Journals (Sweden)

    Paulo Antônio Terrabuio Andreussi

    2014-12-01

    Full Text Available The objective of this study was to evaluate the quantitative histology and testicular biometrics in zebu bulls of different breeds. Testicular fragments of Nelore (n=10, Polled Nelore (n=6, Gir (n=5, Guzerat (n=5 and Tabapuã bulls (n=5 were used. The fragments were perfusion-fixed in Karnovsky solution, embedded in glycol methacrylate and stained with toluidine blue-1% sodium borate. The Nelore animals had a higher tubular volumetric proportion (85.2% and greater height of the seminiferous epithelium (73.2 µm than the Gir, Guzerat and Tabapuã breeds. The Nelore animals also had a higher volumetric proportion of Leydig cells (5.2% than the Guzerat and Tabapuã breeds. There was no significant difference for any of these parameters between the Nelore and Polled Nelore breeds. The gonadosomatic index, seminiferous tubule diameter, cross-sectional area of the seminiferous tubule and tubule length (total length and length per gram of testicular parenchyma did not vary among the breeds studied. The morphometric parameters evaluated suggested that the genetic selection applied to the Nelore and Polled Nelore breeds improved the efficiency of spermatogenesis in these breeders.

  10. Citrus breeding, genetics and genomics in Japan.

    Science.gov (United States)

    Omura, Mitsuo; Shimada, Takehiko

    2016-01-01

    Citrus is one of the most cultivated fruits in the world, and satsuma mandarin (Citrus unshiu Marc.) is a major cultivated citrus in Japan. Many excellent cultivars derived from satsuma mandarin have been released through the improvement of mandarins using a conventional breeding method. The citrus breeding program is a lengthy process owing to the long juvenility, and it is predicted that marker-assisted selection (MAS) will overcome the obstacle and improve the efficiency of conventional breeding methods. To promote citrus molecular breeding in Japan, a genetic mapping was initiated in 1987, and the experimental tools and resources necessary for citrus functional genomics have been developed in relation to the physiological analysis of satsuma mandarin. In this paper, we review the progress of citrus breeding and genome researches in Japan and report the studies on genetic mapping, expression sequence tag cataloguing, and molecular characterization of breeding characteristics, mainly in terms of the metabolism of bio-functional substances as well as factors relating to, for example, fruit quality, disease resistance, polyembryony, and flowering. PMID:27069387

  11. Prunus transcription factors: breeding perspectives.

    Science.gov (United States)

    Bianchi, Valmor J; Rubio, Manuel; Trainotti, Livio; Verde, Ignazio; Bonghi, Claudio; Martínez-Gómez, Pedro

    2015-01-01

    Many plant processes depend on differential gene expression, which is generally controlled by complex proteins called transcription factors (TFs). In peach, 1533 TFs have been identified, accounting for about 5.5% of the 27,852 protein-coding genes. These TFs are the reference for the rest of the Prunus species. TF studies in Prunus have been performed on the gene expression analysis of different agronomic traits, including control of the flowering process, fruit quality, and biotic and abiotic stress resistance. These studies, using quantitative RT-PCR, have mainly been performed in peach, and to a lesser extent in other species, including almond, apricot, black cherry, Fuji cherry, Japanese apricot, plum, and sour and sweet cherry. Other tools have also been used in TF studies, including cDNA-AFLP, LC-ESI-MS, RNA, and DNA blotting or mapping. More recently, new tools assayed include microarray and high-throughput DNA sequencing (DNA-Seq) and RNA sequencing (RNA-Seq). New functional genomics opportunities include genome resequencing and the well-known synteny among Prunus genomes and transcriptomes. These new functional studies should be applied in breeding programs in the development of molecular markers. With the genome sequences available, some strategies that have been used in model systems (such as SNP genotyping assays and genotyping-by-sequencing) may be applicable in the functional analysis of Prunus TFs as well. In addition, the knowledge of the gene functions and position in the peach reference genome of the TFs represents an additional advantage. These facts could greatly facilitate the isolation of genes via QTL (quantitative trait loci) map-based cloning in the different Prunus species, following the association of these TFs with the identified QTLs using the peach reference genome. PMID:26124770

  12. Prunus transcription factors: Breeding perspectives

    Directory of Open Access Journals (Sweden)

    Valmor João Bianchi

    2015-06-01

    Full Text Available Many plant processes depend on differential gene expression, which is generally controlled by complex proteins called transcription factors (TFs. In peach, 1,533 TFs have been identified, accounting for about 5.5% of the 27,852 protein-coding genes. These TFs are the reference for the rest of the Prunus species. TF studies in Prunus have been performed on the gene expression analysis of different agronomic traits, including control of the flowering process, fruit quality, and biotic and abiotic stress resistance. These studies, using quantitative RT-PCR, have mainly been performed in peach, and to a lesser extent in other species, including almond, apricot, black cherry, Fuji cherry, Japanese apricot, plum, and sour and sweet cherry. Other tools have also been used in TF studies, including cDNA-AFLP, LC-ESI-MS, RNA and DNA blotting or mapping. More recently, new tools assayed include microarray and high-throughput DNA sequencing (DNA-Seq and RNA sequencing (RNA-Seq. New functional genomics opportunities include genome resequencing and the well-known synteny among Prunus genomes and transcriptomes. These new functional studies should be applied in breeding programs in the development of molecular markers. With the genome sequences available, some strategies that have been used in model systems (such as SNP genotyping assays and genotyping-by-sequencing may be applicable in the functional analysis of Prunus TFs as well. In addition, the knowledge of the gene functions and position in the peach reference genome of the TFs represents an additional advantage. These facts could greatly facilitate the isolation of genes via QTL (quantitative trait loci map-based cloning in the different Prunus species, following the association of these TFs with the identified QTLs using the peach reference genome.

  13. Stock Prices’ Variability around Earnings Announcement Dates at Karachi Stock Exchange

    Directory of Open Access Journals (Sweden)

    Muhammad Azeem Qureshi

    2012-01-01

    Full Text Available The purpose of this study is to investigate how earnings announcement event affects stock returns at Karachi Stock Exchange (KSE. For this purpose we use the KSE-100 Index as our sample. We use the CAR Analysis to analyze the impact of earnings announcement over the stock returns around announcement dates. Our results suggest that KSE experiences abnormal stock returns around earnings announcement dates for the overall market and for different categories which indicate that efficient market hypothesis does not hold in Pakistani market and point out the presence of informational dissemination inefficiencies in the market.

  14. 50 CFR 15.24 - Permits for cooperative breeding.

    Science.gov (United States)

    2010-10-01

    ... 50 Wildlife and Fisheries 1 2010-10-01 2010-10-01 false Permits for cooperative breeding. 15.24... PLANTS WILD BIRD CONSERVATION ACT Permits and Approval of Cooperative Breeding Programs § 15.24 Permits for cooperative breeding. (a) Application requirements for permits for cooperative breeding....

  15. 78 FR 45494 - Plant Breeding Listening Session meeting

    Science.gov (United States)

    2013-07-29

    ... breeding and cultivar development stakeholders. DATES: The Plant Breeding Listening Session will be held... discuss their plant breeding and cultivar development programs and/or their perception of needs and potential improvements in publicly-funded plant breeding and cultivar development research. Following...

  16. Asset growth anomaly in the UK stock market

    OpenAIRE

    Slotte, Pontus

    2011-01-01

    ASSET GROWTH ANOMALY IN THE UK STOCK MARKET PURPOSE OF THE STUDY This study examines the existence and the characteristics of the asset growth anomaly in the UK stock market. Especially I concentrate on the asset pricing impact of asset growth on cross-sectional stock returns in the stock market. This study is the first to investigate the asset growth anomaly in this scope in another major stock market, i.e. UK stock market. DATA The sample data consists of all UK stocks listed ...

  17. UNDERGROUND ECONOMY, GDP AND STOCK MARKET

    OpenAIRE

    Caus Vasile Aurel

    2012-01-01

    Economic growth is affected by the size and dynamics of underground economy. Determining this size is a subject of research for many authors. In this paper we present the relationship between underground economy dynamics and the dynamics of stock markets. The observations are based on regression used by Tanzi (1983) and the relationship between GDP and stock market presented in Tudor (2008). The conclusion of this paper is that the dynamics of underground economy is influenced by dynamic of f...

  18. Stock Markets Indices in Artificial Insymmetrization Patterns

    International Nuclear Information System (INIS)

    The daily data of indices of Warsaw Stock Exchange - WIG, and New York Stock Exchange - NASDAQ, NYSE and S and P 500 for the last two years are being studied. Properties of fluctuations of daily returns found from scaling analysis of tails are confronted with patterns obtained by the artificial insymmetrization method to specify difference between the world-wide American market and local and rather marginal Polish market. (author)

  19. Oil price shocks and stock market activity

    International Nuclear Information System (INIS)

    Results from a vector autoregression show that oil prices and oil price volatility both play important roles in affecting real stock returns. There is evidence that oil price dynamics have changed. After 1986, oil price movements explain a larger fraction of the forecast error variance in real stock returns than do interest rates. There is also evidence that oil price volatility shocks have asymmetric effects on the economy. 29 refs

  20. An analysis of the Chinese stock market

    OpenAIRE

    Wang, Lin

    2006-01-01

    With the introduction of a market economy, China is experiencing rapid economic development. As an indispensable component to its economic system, China’s stock market came through its initial set-up period, overcame challenges, suffered pains, and is currently progressing towards to an internationalised direction. However, its immaturity hinders its continuous development and the country’s economic expansion. This paper focuses on the status quo of Chinese stock market and centres on problem...

  1. PARADOXES OF MODERN STOCK EXCHANGE MARKETS

    OpenAIRE

    CIOBANU Gheorghe; SECHEL Ioana Cristina

    2013-01-01

    In this article we propose an easy approach of stock exchanges and their impact on the real economy. The paradoxes of modern stock exchanges are commonly understood as opinions that contradict the generally accepted truth and therefore are considered absurdities or huge enormity by the majority of the population. The paradoxes are essentially based on logical arguments that sometimes can lead to contrary or contradictory conclusions (depends on the situation) of a truth already known and acce...

  2. Stock Option Compensation and Managerial Turnover

    OpenAIRE

    Raluca Georgiana NASTASESCU

    2009-01-01

    This study examines the association between managerial turnover and equity-based compensation. I investigate whether stock options act to bond executives to their firms and whether retention of managers is a motivation of companies in designing CEO incentive contracts. The results show that stock options do negatively influence the probability of a CEO leaving the company. The monetary cost of losing the value of equity-based compensation package keeps the manager with his company. I also fin...

  3. Development of the stock exchange information system

    OpenAIRE

    Miladinović Radojko

    2006-01-01

    The stock exchange represents the key institution for the development of capital market of any country. Thus the information system of every stock exchange must satisfy very strict international standards. The development of these systems is particularly difficult in countries in transition, due to intense economic and legal changes, lack of technical and financial resources, lack of experience and knowledge in the area of the capital market business, etc. Therefore the special software proje...

  4. Evolution of unemployment population stocks in Romania

    OpenAIRE

    Irena MOCANU

    2010-01-01

    Effects of the current crisis on the evolution of the stocks of theunemployed persons in Romania. The present paper is focused on the analysis of general dynamic of the input and output flows in/from unemployment, emphasising the growth of the stocks of unemployed population, at national and county levels. The annexes of the annual progress reports published by the National Agency for Employment represent the data-base used in the study. The input flows in unemployment registered a constant e...

  5. Evolution of unemployment population stocks in Romania

    Directory of Open Access Journals (Sweden)

    Irena MOCANU

    2010-09-01

    Full Text Available Effects of the current crisis on the evolution of the stocks of theunemployed persons in Romania. The present paper is focused on the analysis of general dynamic of the input and output flows in/from unemployment, emphasising the growth of the stocks of unemployed population, at national and county levels. The annexes of the annual progress reports published by the National Agency for Employment represent the data-base used in the study. The input flows in unemployment registered a constant evolution, but the outputflows from unemployment have fell in all counties, this evolutions being the source of stocks of unemployed persons. In 2008, a number of 31 counties have stocks of unemployed, ranging between 9,900 persons and 80 persons; in 2009, all the counties registered stocks of unemployed. The largest stocks (more than 10,000 persons were specific for some counties situated in south, south-east and centre. The majority of counties registers some multi-annual averages values of the stocks of unemployed ranging between 2,500 – 1,000 persons, the largest being in Prahova, Suceava, Galaţi, Argeş, Dolj. Between2007 - 2009, the ratio between output form unemployment (by hiring and input in unemployment (due to layoffs decreased continuously and sharply in 2009 compared to 2008: 2.8 in 2007, 2.3 in 2008 and only 0.6 in 2009. The growth of the stocks of unemployed in all counties and the decrease of ration between hiring and redundancies represent ones of the effects of the current crisis.

  6. Accounting, Stock Markets and Everyday Life

    OpenAIRE

    Johed, Gustav

    2007-01-01

    The backdrop of this dissertation is one ubiquitous element of everyday life: the stock market. Traditionally, accounting and stock markets are logically coordinate entities and this thesis analyzes how accounting supports private investors in their role as shareholders – as investors in shares and owners of companies. This analysis is carried out in four independent essays. The first two essays analyze the privatization of Telia, a former state-owned Telecommunication Company in Sweden that ...

  7. Paleomagnetism of the Becker Peak stock

    Science.gov (United States)

    Miller, B. A.; Housen, B. A.

    2009-12-01

    Paleomagnetic studies of plutonic rocks, although subject to uncertainty due to lack of paleohorizontal control, can provide important constrains of patterns of regional deformation, and can play a role in evaluation of tectonic models and reconstructions. Many plutonic rocks of the Cascades have been well-studied via paleomagnetism, but there are many that lack robust data sets. One such pluton, the Beckler Peak stock, is a late Cretaceous tonalitic stock, with biotite and amphibole K-Ar ages of 93 to 82 Ma (Engels and Crowder, 1971, Yeats and Engels, 1971). The Beckler Peak stock is considered to be a companion body to the larger Mt. Stuart Batholith, but is separated from the Mt. Stuart Batholith by the Evergreen Fault. For this study five paleomagnetic sites were sampled from the Beckler Peak stock near Skykomish, Washington. After low temperature and thermal demagnetization site means were calculated for the four sites where at least two samples survived demagnetization. Unblocking temperatures were indicative of magnetite and hematite as the carriers of remanence. Two of the site means were disregarded due to anomalous directions likely due to sites being from very large slump blocks. The two acceptable site means, along with a Beckler Peak stock site mean from Beck and Noson (1972) and another from Housen et al. (2003) give a stock-wide mean of D = 3.8°, I = 41.9°, k = 32.9, and α95 = 16.2°. This direction is consistent with mean directions for the Mount Stuart batholith determined by Beck and Noson (1972), Beck et al. (1981), and Housen et al. (2003). This directional consistency supports an association between the Beckler Peak stock and the Mt. Stuart Batholith, or at least that these two plutonic bodies were emplaced in the same structural block, and that any post-magnetization deformation (such as rotation and/or tilt associated with the Evergreen Fault) between the Beckler Peak stock and the Mt. Stuart Batholith was minor.

  8. The Istanbul Stock Exchange and Economic Growth

    OpenAIRE

    Mehmet Adak

    2012-01-01

    The causality between the number of companies that are transacted in the Istanbul Stock Exchange market and economic growth in Turkish economy has been analyzed in this study. The analysis covers the 23 years between 1986 and 2009. The study shows that the number of new firms transacted in the stock exchange market account for 18% of annual national economic growth according to least square test results. These test results have been examined usingserial correlation and heteroskedasticity test...

  9. Cobreaking of Stock Prices and Contagion

    OpenAIRE

    Ahlgren, Niklas; Antell, Jan

    2008-01-01

    Financial crises have shown that dramatic movements in one financial market can have a powerful impact on other markets. The paper proposes to use cobreaking to model comovements between financial markets during crises and to test for conta-gion. It finds evidence of cobreaking between stock returns in developed markets. Finding cobreaking has implications for the diversification of international investments. For emerging mar-ket stock returns the evidence of cobreaking is mainly due to the n...

  10. Institutional Weakness and Stock Price Volatility

    OpenAIRE

    Galina B. Hale; Razin, Assaf; Tong, Hui

    2006-01-01

    We find an empirical regularity that stronger creditor protection reduces the volatility of stock market prices. We analyze two distinct mechanisms that characterize equity price volatility: government guarantees and creditor protection. Using a Tobin q model, we demonstrate that weak creditor protection that gives rise to government guarantees and tightens credit constraints, increases stock price volatility. Empirically, accounting for the probability of financial crises, we find that gover...

  11. Stock Price Booms and Expected Capital Gains

    OpenAIRE

    Adam, Klaus; Beutel, Johannes; Marcet, Albert

    2014-01-01

    The booms and busts in U.S. stock prices over the post-war period can to a large extent be explained by fluctuations in investors' subjective capital gains expectations. Survey measures of these expectations display excessive optimism at market peaks and excessive pessimism at market troughs. Formally incorporating subjective price beliefs into an otherwise standard asset pricing model with utility maximizing investors, we show how subjective belief dynamics can temporarily delink stock price...

  12. On international compensations for environmental stocks

    OpenAIRE

    Stähler, Frank

    1993-01-01

    This paper sheds some light on the possible implications of compensations which are paid for the maintenance of an environmental stock. It shows that serious complications can arise if the resource-owner can vary the compensation price. In that case, extraction-driven stock preservation policies can conflict with compensation-driven ones and imply instability. Whether compensation policies can neglect this aspect depends crucially on the credibility of sticky compensation prices.

  13. Determinants of Stock Market Performance in Nepal

    OpenAIRE

    Prakash Kumar Shrestha Ph.D.; Biggyan Raj Subedi

    2014-01-01

    This paper empirically examines the determinants of the stock market performance in Nepal using monthly data for the period of mid-August 2000 to mid-July 2014. The impact of major changes in politics and Nepal Rastra Bank’s policy on lending against share collateral has also been assessed. Empirical results obtained from OLS estimations of behavioural equations reveal that the performance of stock market is found to respond positively to inflation and broad money growth, and negatively to in...

  14. Optimal capital stock and financing constraints

    OpenAIRE

    Saltari, Enrico; Giuseppe, Travaglini

    2011-01-01

    In this paper we show that financing constraints affect the optimal level of capital stock even when the financing constraint is ineffective. This happens when the firm rationally anticipates that access to external financing resources may be rationed in the future. We will show that with these expectations, the optimal investment policy is to invest less in any given period, thereby lowering the desired optimal capital stock in the long run.

  15. Econometric Studies of Stock Market Behaviour

    DEFF Research Database (Denmark)

    Rasmussen, Anne-Sofie Reng

    This thesis consists of three sefcontained essays, all centering around the topic of stock market behaviour. The papers focus on the empirical performance of a number of asset pricing models, all attempting to quantify and price asset risk. We look at how well these models actually do in describing...... the historic behaviour of the stock market, allowing us to get further insight into what drives the markes....

  16. China's Stock Market: New Year, New Trends

    Institute of Scientific and Technical Information of China (English)

    Audrey Guo

    2008-01-01

    @@ On February 5th,the last trading day in the Year of the Pig,continued the falling trend in China's A-share market,and large companies like PetroChina lifted restrictions on sales of large volume heavyweight shares.The Shanghai Stock index dropped by 1.55 percent,which completely broke people's belief in the stock market as China moved into the New Year.

  17. Volatility Spreads and Expected Stock Returns

    OpenAIRE

    Turan G. Bali; Armen Hovakimian

    2009-01-01

    This paper investigates whether realized and implied volatilities of individual stocks can predict the cross-sectional variation in expected returns. Although the levels of volatilities from the physical and risk-neutral distributions cannot predict future returns, there is a significant relation between volatility spreads and expected stock returns. Portfolio level analyses and firm-level cross-sectional regressions indicate a negative and significant relation between expected returns and th...

  18. Stock Market in Pakistan: An Overview

    OpenAIRE

    Iqbal, Javed

    2008-01-01

    This paper reviews the main features of the Stock market in Pakistan focussing on post-liberalization period. The aspects of the market investigated include liberalization of the market, integration the market with the world markets, trading and settlement mechanism, and corporate governance issues. Finally salient features of the market are compared to a selected set of emerging and developed markets. Pakistan’s stock market is smaller in size but is significantly more active than the marke...

  19. Mutual Fund Competition and Stock Market Liquidity

    OpenAIRE

    Massa, Massimo

    2004-01-01

    We study how competition in the mutual fund industry affects stock market liquidity. We argue that mutual fund families operate as multi-product firms, jointly choosing fees, performance and number of funds and sharing common research facilities. The family-based organization generates economies of scale in information that induce a trade off between performance and number of funds. The presence of more and relatively less-informed funds impacts the market, increasing stock liquidity. This in...

  20. Can analyst predict stock market crashes?

    OpenAIRE

    Chong, Terence T. L.; Xiaolei Wang

    2013-01-01

    The frequency of financial market turmoil has been rising over the past two decades. While the incidence of market turmoil has increased, the performance of analysts during tumultuous times has not received much attention in the literature. This paper examines whether the accuracy of analyst forecasts on stock returns varies during tumultuous times. Our results indicate that analysts' forecast performance during stock market crashes drops significantly.