WorldWideScience

Sample records for net annual stock

  1. An Efficient Stock Recommendation Model Based on Big Order Net Inflow

    Directory of Open Access Journals (Sweden)

    Yang Yujun

    2016-01-01

    Full Text Available In general, the stock trend is mainly driven by the big order transactions. Believing that the stock rise with a large volume is closely associated with the big order net inflow, we propose an efficient stock recommendation model based on big order net inflow in the paper. In order to compute the big order net inflow of stock, we use the M/G/1 queue system to measure all tick-by-tick transaction data. Based on an indicator of the big order net inflow of stock, we select some stocks with the higher value of the net inflow to constitute the prerecommended stock set for the target investor user. In order to recommend some stocks with which this style is familiar them to the target users, we divide lots of investors into several categories using fuzzy clustering method and we should do our best to choose stocks from the stock set once operated by those investors who are in the same category with the target user. The experiment results show that the recommended stocks have better gains during the several days after the recommended stock day and the proposed model can provide reliable investment guidance for the target investors and let them get more stock returns.

  2. StreamNet; 1999 Annual Report.

    Energy Technology Data Exchange (ETDEWEB)

    Columbia River Inter-Tribal Fish Commission

    2000-01-01

    This report was funded by the Bonneville Power Administration (BPA), US Department of Energy, as part of BPA's program to protect, mitigate, and enhance fish and wildlife affected by the development and operation of hydroelectric facilities on the Columbia River and its tributaries. The views of this report are the author's and do not necessarily represent the views of BPA. This annual report covers progress made by: Columbia River Inter-Tribal Fish Commission Idaho; Department of Fish and Game; Montana Department of Fish, Wildlife and Parks; Oregon Department of Fish and Wildlife; Pacific States Marine Fisheries Commission; Shoshone-Bannock Tribes; US Fish and Wildlife Service; Washington Department of Fish and Wildlife; and FY1999 StreamNet Quickplan.

  3. Duck Valley Resident Fish Stocking Program, 2000 Final Annual Report.

    Energy Technology Data Exchange (ETDEWEB)

    Dodson, Guy; Pero, Vincent

    2002-01-01

    The Shoshone-Paiute Tribes fish-stocking program was begun in 1988 and is intended to provide a subsistence fishery for the tribal members. The program stocks catchable and fingerling size trout in Mt. View and Sheep Creek Reservoirs. Rainbow trout are purchased from only certified disease-free facilities to be stocked in our reservoirs. This project will help restore a fishery for tribal members that historically depended on wild salmon and steelhead in the Owyhee and Bruneau Rivers and their tributaries for their culture as well as for subsistence. This project is partial substitution for loss of anadromous fish production due to construction and operation of hydroelectric dams on the Columbia and Snake Rivers. Until anadromous fish can be returned to the Owyhee and Bruneau Rivers this project will continue indefinitely. As part of this project the Shoshone-Paiute Tribes will also receive income in the form of fees from non-tribal members who come to fish these reservoirs. Regular monitoring and evaluation of the fishery will include sampling for length/weight/condition and for signs of disease. A detailed Monitoring and evaluation plan has been put in place for this project. However due to budget limitations on this project only the fishery surveys and limited water quality work can be completed. A creel survey was initiated in 1998 and we are following the monitoring and evaluation schedule for this program (as budget allows) as well as managing the budget and personnel. This program has been very successful in the past decade and has provided enjoyment and sustenance for both tribal and non-tribal members. All biological data and stocking rates will be including in the Annual reports to Bonneville Power Administration (BPA).

  4. Urbanization has a positive net effect on soil carbon stocks: modelling outcomes for the Moscow region

    Science.gov (United States)

    Vasenev, Viacheslav; Stoorvogel, Jetse; Leemans, Rik; Valentini, Riccardo

    2016-04-01

    Urbanization is responsible for large environmental changes worldwide. Urbanization was traditionally related to negative environmental impacts, but recent research highlights the potential to store soil carbon (C) in urban areas. The net effect of urbanization on soil C is, however, poorly understood. Negative influences of construction and soil sealing can be compensated by establishing of green areas. We explored possible net effects of future urbanization on soil C-stocks in the Moscow Region. Urbanization was modelled as a function of environmental, socio-economic and neighbourhood factors. This yielded three alternative scenarios: i) including neighbourhood factors; ii) excluding neighbourhood factors and focusing on environmental drivers; and iii) considering the New Moscow Project, establishing 1500km2 of new urbanized area following governmental regulation. All three scenarios showed substantial urbanization on 500 to 2000km2 former forests and arable lands. Our analysis shows a positive net effect on SOC stocks of 5 to 11 TgC. The highest increase occurred on the less fertile Orthic Podzols and Eutric Podzoluvisols, whereas C-storage in Orthic Luvisols, Luvic Chernozems, Dystric Histosols and Eutric Fluvisols increased less. Subsoil C-stocks were much more affected with an extra 4 to 10 TgC than those in the topsoils. The highest increase of both topsoil and subsoil C stocks occurred in the New Moscow scenario with the highest urbanization. Even when the relatively high uncertainties of the absolute C-values are considered, a clear positive net effect of urbanization on C-stocks is apparent. This highlights the potential of cities to enhance C-storage. This will progressively become more important in the future following the increasing world-wide urbanization.

  5. Annual variation in the net longshore sediment transport rate

    CSIR Research Space (South Africa)

    Schoonees, JS

    2000-05-01

    Full Text Available from wave data spanning a number of years, or by measuring continuously the longshore transport over a number of years. In both cases, it must be known over how many consecutive years either the computations or the measurements should be done. Ž... the annual variation in the net longshore transport rates over a period of 7 years. In a study Ž . Žby Shi-Leng and Teh-Fu 1987 , a longshore sediment transport formula the Bijker, .1967 method was calibrated against short-term measurements at Nouakchott...

  6. Annual nitrate drawdown observed by SOCCOM profiling floats and the relationship to annual net community production

    Science.gov (United States)

    Johnson, Kenneth S.; Plant, Joshua N.; Dunne, John P.; Talley, Lynne D.; Sarmiento, Jorge L.

    2017-08-01

    Annual nitrate cycles have been measured throughout the pelagic waters of the Southern Ocean, including regions with seasonal ice cover and southern hemisphere subtropical zones. Vertically resolved nitrate measurements were made using in situ ultraviolet spectrophotometer (ISUS) and submersible ultraviolet nitrate analyzer (SUNA) optical nitrate sensors deployed on profiling floats. Thirty-one floats returned 40 complete annual cycles. The mean nitrate profile from the month with the highest winter nitrate minus the mean profile from the month with the lowest nitrate yields the annual nitrate drawdown. This quantity was integrated to 200 m depth and converted to carbon using the Redfield ratio to estimate annual net community production (ANCP) throughout the Southern Ocean south of 30°S. A well-defined, zonal mean distribution is found with highest values (3-4 mol C m-2 yr-1) from 40 to 50°S. Lowest values are found in the subtropics and in the seasonal ice zone. The area weighted mean was 2.9 mol C m-2 yr-1 for all regions south of 40°S. Cumulative ANCP south of 50°S is 1.3 Pg C yr-1. This represents about 13% of global ANCP in about 14% of the global ocean area.Plain Language SummaryThis manuscript reports on 40 annual cycles of nitrate observed by chemical sensors on SOCCOM profiling floats. The annual drawdown in nitrate concentration by phytoplankton is used to assess the spatial variability of annual net community production in the Southern Ocean. This ANCP is a key component of the global carbon cycle and it exerts an important control on atmospheric carbon dioxide. We show that the results are consistent with our prior understanding of Southern Ocean ANCP, which has required decades of observations to accumulate. The profiling floats now enable annual resolution of this key process. The results also highlight spatial variability in ANCP in the Southern Ocean.

  7. Kokanee Stocking and Monitoring, Flathead Lake, 1993-1994 Annual Report.

    Energy Technology Data Exchange (ETDEWEB)

    Deleray, Mark (Montana Department of Fish, Wildlife and Parks, Kalispell, MT); Fredenberg, Wade (US Fish and Wildlife Service, Bozeman, MT); Hansen, Barry (Confederated Salish and Kootenai Tribes of the Flathead Nation, Pablo, MT)

    1995-07-01

    One mitigation goal of the Hungry Horse Dam fisheries mitigation program, funded by the Bonneville Power Administration, is to replace lost production of 100,000 adult kokanee in Flathead Lake. The mitigation program calls for a five-year test to determine if kokanee can be reestablished in Flathead Lake. The test consists. of annual stocking of one million hatchery-raised yearling kokanee. There are three benchmarks for judging the success of the kokanee reintroduction effort: (1) Post-stocking survival of 30 percent of planted kokanee one year after stocking; (2) Yearling to adult survival of 10 percent (100,000 adult salmon); (3) Annual kokanee harvest of 50,000 or more fish per year by 1998, with an average length of 11 inches or longer for harvested fish, and fishing pressure of 100,000 angler hours or more. Kokanee were the primary sport fish species in the Flathead Lake fishery in the early 1900s, and up until the late 1980s when the population rapidly declined in numbers and then disappeared. Factors identified which influenced the decline of kokanee are the introduction of opossum shrimp (Mysis relicta), hydroelectric operations, overharvest through angling, and competition and/or predation by lake trout (Salvelinus namaycush) and lake whitefish (Coregonur clupeaformis). The purpose of this report was to summarize the stocking program and present monitoring results from the 1993 and 1994 field seasons. In June 1993, roughly 210,000 yearling kokanee were stocked into two bays on the east shore of Flathead Lake. Following stocking, we observed a high incidence of stocked kokanee in stomach samples from lake trout captured in areas adjacent to the stocking sites and a high percentage of captured lake trout containing kokanee. Subsequent monitoring concluded that excessive lake trout predation precluded significant survival of kokanee stocked in 1993. In June 1994, over 802,000 kokanee were stocked into Big Arm Bay. The combination of near optimum water

  8. Annual Coded Wire Tag Program; Oregon Stock Assessment, 2001 Annual Report.

    Energy Technology Data Exchange (ETDEWEB)

    Lewis, Mark; Mallette, Christine; Murray, William

    2002-03-01

    This annual report is in fulfillment of contract obligations with Bonneville Power Administration which is the funding source for the Oregon Department of Fish and Wildlife project 'Annual Stock Assessment - Coded Wire Tag Program (ODFW)'. Results for the 2001 contract period: Objective 1--Over 1 million juvenile salmon were coded-wire by this program (Table 1); Objective 2--ODFW recovered and processed over 40,000 snout collected from coded-wire tagged fish (Table 2); Objective 3--Survival data is summarized below; Objective 4--The last group of VIE tagged coho was released in 2001 and returning coho were samples at Sandy Hatchery. This sampling showed only 1 of 1,160 returning coho VIE marked as juveniles retained the VIE mark as adults.

  9. StreamNet Project : Annual Report Fiscal Year 2008.

    Energy Technology Data Exchange (ETDEWEB)

    Schmidt, Bruce; Roger, Phil; Oftedahl, Lenora

    2008-12-12

    development of internal database systems, we will be able to automate conversion of agency data to the regionally consistent format as well as help the agency better meet their own data needs. The Idaho StreamNet project contributed to development of IDFG's Idaho Fish and Wildlife Information System (IFWIS), and this year they successfully tested automatic conversion of data to the regional exchange format. We worked with WDFW and developed draft field data input templates for collection of smolt trap and spawning ground survey data. And, we began collaborating in a project with ODFW and EcoTrust to develop an online data dissemination tool. As these and additional data systems are brought online, we expect to be able to shorten the time needed to annually update data, and hope to use the increased efficiency to free existing staff time to develop additional types of data from our partners. Another long-term theme related to expanding data coverage to estimates of productivity and/or data needed to calculate productivity. Initial investigations within our partner agencies indicated that these data are scattered, with some components like age composition of returning fish already being addressed by StreamNet, but others not yet covered. We will continue to determine how available these data are and investigate the feasibility of capturing the estimates and supporting data in the future. Routine ongoing data development of the standard data sets in StreamNet continued this year. An update and new web page for disseminating Protected Areas data was completed. Initial work was done with the CRITFC to get ready to house and disseminate data developed by the Hatchery Scientific Review Group. All database, GIS and web server systems were maintained successfully, with repairs completed as needed. Software applications were developed or maintained, as needed. All required reports, budgets and equipment inventories were submitted. The StreamNet website (www.streamnet.org), the

  10. Prepositioned Stocks: Additional Information and a Consistent Definition Would Make DOD’s Annual Report More Useful

    Science.gov (United States)

    2015-06-01

    PREPOSITIONED STOCKS Additional Information and a Consistent Definition Would Make DOD’s Annual Report More Useful...COVERED 00-00-2015 to 00-00-2015 4. TITLE AND SUBTITLE Prepositioned Stocks : Additional Information and a Consistent Definition Would Make DOD’s... STOCKS Additional Information and a Consistent Definition Would Make DOD’s Annual Report More Useful Why GAO Did This Study DOD prepositions stocks

  11. Comparison of the behaviour of growing rabbits reared on wire net or combined floor at different stocking densities

    Directory of Open Access Journals (Sweden)

    Gábor Milisits

    2010-01-01

    Full Text Available The frequency of some behaviours of growing rabbits was studied in pens keeping the animals either on wire net or combined (half of the floor wire net, half of the floor straw litter floor at different stocking densities. The combined floor could be favourable by increasing the frequency of the social behaviour and decreasing the frequency of the stereotypes, but it decreases the comfort behaviours and the resting time. The decrease of stocking density from 16 to 12 or 8 rabbits/m² significantly increased the stereotypes.

  12. Annual Coded Wire Tag Program; Oregon Stock Assessment, Annual Report 2002.

    Energy Technology Data Exchange (ETDEWEB)

    Lewis, Mark; Mallette, Christine; Murray, William

    2003-03-01

    This annual report is in fulfillment of contract obligations with Bonneville Power Administration which is the funding source for the Oregon Department of Fish and Wildlife project 'Annual Stock Assessment - Coded Wire Tag Program (ODFW)'. Results for the 2002 contract period: Objective 1 - Over 1 million juvenile salmon were coded-wire by this program (Table 1). This accounted for about 20% of the fish ODFW coded-wire tagged in 2002 for release in the Columbia Basin; Objective 2 - ODFW recovered and processed over 50,000 snouts collected from coded-wire tagged fish (Table 2); Objective 3 - The survival data summarized below includes results for coded-wire groups funded by this program as well as coded-wire groups funded from other sources; Objective 4 - The last returns of experimental groups of coho marked with VIE tags occurred in 2002 at Sandy Hatchery. This sampling showed that 26 of 67 jack coho and 1 of 2,223 adult coho VIE marked as juveniles retained the VIE mark as adults.

  13. StreamNet, 1999-2000 Annual Report.

    Energy Technology Data Exchange (ETDEWEB)

    Schmidt, Bruce; Roger, Phil; Butterfield, Bart (Pacific States Marine Fisheries Commission, Gladstone, OR)

    2001-09-01

    The StreamNet Project is a cooperative project that provides basic fishery management data in a consistent format across the Columbia Basin region, with some data from outside the region. Specific categories of data are acquired from the multiple data generating agencies in the Columbia Basin, converted into a standardized data exchange format (DEF) and distributed to fish researchers, managers and decision makers directly or through an on-line data retrieval system (www.streamnet.org). The project is funded by the Bonneville Power Administration (BPA) as part of the Northwest Power Planning Council's (NWPPC) Fish and Wildlife Program. This cooperative effort is composed of a region-wide project administered by the Pacific States Marine Fisheries Commission (PSMFC) that is responsible for project management, regional data management and data delivery (Region), plus seven contributing projects within the data generating entities: Columbia River Intertribal Fish Commission (CRITFC); Idaho Department of Fish and Game (IDFG); Montana Fish, Wildlife and Parks (MFWP); Oregon Department of Fish and Wildlife (ODFW); Shoshone-Bannock Tribes; U. S. Fish and Wildlife Service (FWS); and Washington Department of Fish and Wildlife (WDFW). The contributing projects are funded through the StreamNet contract but work within their respective agencies and are referred to here as the agency's StreamNet project (for example, ''IDFG StreamNet'' for Idaho's project). The StreamNet Project provides an important link in the chain of data flow in the Columbia Basin, with specific emphasis on data collected routinely over time by management agencies. Basic fish related data are collected in the field by the various state, tribal and federal agencies in the basin for purposes related to each agency's individual mission and responsibility. As a result, there often is a lack of standardization among agencies in field methodology or data management. To be

  14. Curve fitting for RHB Islamic Bank annual net profit

    Science.gov (United States)

    Nadarajan, Dineswary; Noor, Noor Fadiya Mohd

    2015-05-01

    The RHB Islamic Bank net profit data are obtained from 2004 to 2012. Curve fitting is done by assuming the data are exact or experimental due to smoothing process. Higher order Lagrange polynomial and cubic spline with curve fitting procedure are constructed using Maple software. Normality test is performed to check the data adequacy. Regression analysis with curve estimation is conducted in SPSS environment. All the eleven models are found to be acceptable at 10% significant level of ANOVA. Residual error and absolute relative true error are calculated and compared. The optimal model based on the minimum average error is proposed.

  15. The 11th Annual Mediterranean Ad Hoc Networking Workshop (Med-Hoc-Net 2012 )

    NARCIS (Netherlands)

    Pitsillides, A.; Douligeris, C.; Vassiliou, V.; Heijenk, Geert; Cavalcante de Oliveira, J.

    Message from the General Chairs Welcome to the 2012 Mediterranean Ad Hoc Networking Workshop in Ayia Napa, Cyprus. We are excited to host Med-Hoc-Net. As a major annual international workshop, following recent successful workshops in Sicily (2006), Corfu (2007), Palma de Mallorca (2008), Haifa

  16. The 11th Annual Mediterranean Ad Hoc Networking Workshop (Med-Hoc-Net 2012)

    NARCIS (Netherlands)

    Pitsillides, A.; Douligeris, C.; Vassiliou, V.; Heijenk, Geert; Cavalcante de Oliveira, J.

    Message from the General Chairs Welcome to the 2012 Mediterranean Ad Hoc Networking Workshop in Ayia Napa, Cyprus. We are excited to host Med-Hoc-Net. As a major annual international workshop, following recent successful workshops in Sicily (2006), Corfu (2007), Palma de Mallorca (2008), Haifa

  17. CMS: Forest Carbon Stocks, Emissions, and Net Flux for the Conterminous US: 2005-2010

    Data.gov (United States)

    National Aeronautics and Space Administration — This data set provides maps of estimated carbon in forests of the 48 continental states of the US for the years 2005-2010. Carbon (termed committed carbon) stocks...

  18. Estimating agro-ecosystem carbon balance of northern Japan, and comparing the change in carbon stock by soil inventory and net biome productivity

    Energy Technology Data Exchange (ETDEWEB)

    Li, Xi, E-mail: icy124@hotmail.com [School of Chemistry and Chemical Engineering, Southwest Petroleum University, Chengdu 610500 (China); Graduate school of Agriculture, Hokkaido University, Kita 9 Nishi 9, Kita-ku, Sapporo 060-8589 (Japan); Toma, Yo [Faculty of Agriculture, Ehime University, 3-5-7, Tarumi, Matsuyama 790-8566, Ehime (Japan); Yeluripati, Jagadeesh [The James Hutton Institute, Craigiebuckler, Aberdeen AB15 8QH, Scotland (United Kingdom); Iwasaki, Shinya [Graduate school of Agriculture, Hokkaido University, Kita 9 Nishi 9, Kita-ku, Sapporo 060-8589 (Japan); Bellingrath-Kimura, Sonoko D. [Leibniz Centre for Agricultural Landscape Research, Institute of Land Use Systems (Germany); Jones, Edward O. [Department of Infectious Disease Epidemiology, London School of Hygiene and Tropical Medicine, London (United Kingdom); Hatano, Ryusuke [Graduate school of Agriculture, Hokkaido University, Kita 9 Nishi 9, Kita-ku, Sapporo 060-8589 (Japan)

    2016-06-01

    Soil C sequestration in croplands is deemed to be one of the most promising greenhouse gas mitigation options for agriculture. We have used crop-level yields, modeled heterotrophic respiration (Rh) and land use data to estimate spatio-temporal changes in regional scale net primary productivity (NPP), plant C inputs, and net biome productivity (NBP) in northern Japan's arable croplands and grasslands for the period of 1959–2011. We compared the changes in C stocks derived from estimated NBP and using repeated inventory datasets for each individual land use type from 2005 to 2011. For the entire study region of 2193 ha, overall annual plant C inputs to the soil constituted 37% of total region NPP. Plant C inputs in upland areas (excluding bush/fallow) could be predicted by climate variables. Overall NBP for all land use types increased from − 1.26 Mg C ha{sup −1} yr{sup −1} in 1959–0.26 Mg C ha{sup −1} yr{sup −1} in 2011. However, upland and paddy fields showed a decreased in NBP over the period of 1959–2011, under the current C input scenario. From 1988, an increase in agricultural abandonment (bush/fallow) and grassland cover caused a slow increase in the regional C pools. The comparison of carbon budgets using the NBP estimation method and the soil inventory method indicated no significant difference between the two methods. Our results showed C loss in upland crops, paddy fields and sites that underwent land use change from paddy field to upland sites. We also show C gain in grassland from 2005 to 2011. An underestimation of NBP or an overestimation of repeated C inventories cannot be excluded, but either method may be suitable for tracking absolute changes in soil C, considering the uncertainty associated with these methods. - Highlights: • We compared C stocks change by two methods: (i) net biome productivity (NBP) and (ii) soil inventory. • Variation in net primary productivity (NPP), plant C input, NBP can be predicted by climate

  19. An evaluation of multi-annual management strategies for ICES roundfish stocks

    DEFF Research Database (Denmark)

    Kell, L.T.; Pilling, G.M.; Kirkwood, G.P.

    2006-01-01

    allowable catches (TACs). This is despite the fact that the current system can result in wide annual fluctuations in TAC, limiting the ability of the fishing industry to plan for the future. Therefore, this study evaluated management strategies that stabilized catches by setting bounds on the interannual...... variability in TACs. An integrated modelling framework was used, which simulated both the real and observed systems and the interactions between system components. This allowed the evaluation of candidate management strategies with respect to the intrinsic properties of the systems, as well as our ability...... to observe, monitor, assess, and control them. Strategies were evaluated in terms of risk (measured as the probability of spawning-stock biomass falling below a biomass threshold for the stock) and cumulative yield. In general, bounds on interannual TAC change of 10% and 20% affected the ability to achieve...

  20. The 11th Annual Mediterranean Ad Hoc Networking Workshop (Med-Hoc-Net 2012 )

    OpenAIRE

    Pitsillides, A.; Douligeris, C.; Vassiliou, V; Heijenk, Geert; Cavalcante de Oliveira, J.

    2012-01-01

    Message from the General Chairs Welcome to the 2012 Mediterranean Ad Hoc Networking Workshop in Ayia Napa, Cyprus. We are excited to host Med-Hoc-Net. As a major annual international workshop, following recent successful workshops in Sicily (2006), Corfu (2007), Palma de Mallorca (2008), Haifa (2009), Juan-les-pins (2010), and Favignana Island (2011), the 11th Med-Hoc-Net (2012) aims to serve as a platform for researchers and visionaries from the academia, the research laboratories, and the i...

  1. High-resolution annual maps of whole system mangrove carbon stocks from 2000 to 2012

    CERN Document Server

    Hamilton, Stuart E

    2016-01-01

    Mangrove forests store high densities of organic carbon compared to other forested ecosystems1. Such high carbon storage coupled with their rate of deforestation means that mangroves can contribute to global carbon emissions and are candidates for Payments for Ecosystem Services (PES) schemes. This study quantifies two important datasets required for emissions and PES reporting: 1) annual mangrove carbon stocks from 2000 to 2012 at the global, national, and sub-national level; and 2) global carbon emissions resulting from deforestation within this period. We show that mangroves stored 4.19 Pg of carbon in 2012, with Indonesia, Brazil, Malaysia, and Papua New Guinea accounting for greater than 50% of this stock. Of this 4.19 Pg, 2.96 Pg of the global carbon stock is contained within the soil and 1.23 Pg in the living biomass. Two percent of global carbon was lost between 2000 and 2012, equivalent to 316,705 tonnes of potential C02 emissions.

  2. Stock-based vs. fleet-based evaluation of the multi-annual management plan for the cod stocks in the Baltic Sea

    DEFF Research Database (Denmark)

    Bastardie, Francois; Vinther, Morten; Nielsen, J. Rasmus

    2010-01-01

    parameters are assumed constant. For the Eastern Baltic stock, additional sources of uncertainties from fishery adaptation to the plan are tested using a fleet-based and spatially explicit version of the model which leads to higher reductions in F and no significant change in management robustness......This study evaluated the EU 2008 multi-annual plan for Baltic cod stock recovery. The plan combines harvest control rules that set TACs with reductions in direct effort (E) and fishing mortality (F). Performance and robustness of the plan are tested with a management strategy evaluation model (MSE...

  3. Estimation of the annual flow and stock of marine debris in South Korea for management purposes.

    Science.gov (United States)

    Jang, Yong Chang; Lee, Jongmyoung; Hong, Sunwook; Mok, Jin Yong; Kim, Kyoung Shin; Lee, Yun Jeong; Choi, Hyun-Woo; Kang, Hongmook; Lee, Sukhui

    2014-09-15

    The annual flow and stock of marine debris in the Sea of Korea was estimated by summarizing previous survey results and integrating them with other relevant information to underpin the national marine debris management plan. The annual inflow of marine debris was estimated to be 91,195 tons [32,825 tons (36% of the total) from sources on land and 58,370 tons (64%) from ocean sources]. As of the end of 2012, the total stock of marine debris on all South Korean coasts (12,029 tons), the seabed (137,761 tons), and in the water column (2451 tons) was estimated to be 152,241 tons. In 2012, 42,595 tons of marine debris was collected from coasts, seabeds, and the water column. This is a very rare case study that estimated the amount of marine debris at a national level, the results of which provide essential information for the development of efficient marine debris management policies. Copyright © 2014 Elsevier Ltd. All rights reserved.

  4. Kootenai River Fisheries Investigation : Stock Status of Burbot : Project Progress Report 2008 Annual Report.

    Energy Technology Data Exchange (ETDEWEB)

    Paragamian, Valughn L.; Laude Dorothy C.

    2008-12-26

    Objectives of this investigation were to (1) monitor the population status and recruitment of burbot Lota lota in the Kootenai River, Idaho and British Columbia, Canada during the winter of 2006-2007; (2) evaluate the selective withdrawal system in place at Libby Dam to maintain the river temperature near Bonners Ferry between 1-4 C (November-December) to improve burbot migration and spawning activity; and (3) determine if a hatching success of 10% of eyed burbot embryos could be achieved through extensive rearing and produce fingerlings averaging 9.8 cm in six months. Water temperature did not fall below the upper limit (4 C) until mid-January but was usually maintained between 1-4 C January through February and was acceptable. Snowpack was characterized by a 101% of normal January runoff forecast. Adult burbot were sampled with hoop nets and slat traps. Only three burbot were captured in hoop nets, all at Ambush Rock (rkm 244.5). No burbot were caught in either slat traps or juvenile sampling gear, indicating the population is nearly extirpated. Burbot catch per unit effort in hoop nets was 0.003 fish/net d. Extensive rearing was moved to a smaller private pond and will be reported in the 2008-2009 annual report.

  5. Estimating agro-ecosystem carbon balance of northern Japan, and comparing the change in carbon stock by soil inventory and net biome productivity.

    Science.gov (United States)

    Li, Xi; Toma, Yo; Yeluripati, Jagadeesh; Iwasaki, Shinya; Bellingrath-Kimura, Sonoko D; Jones, Edward O; Hatano, Ryusuke

    2016-06-01

    Soil C sequestration in croplands is deemed to be one of the most promising greenhouse gas mitigation options for agriculture. We have used crop-level yields, modeled heterotrophic respiration (Rh) and land use data to estimate spatio-temporal changes in regional scale net primary productivity (NPP), plant C inputs, and net biome productivity (NBP) in northern Japan's arable croplands and grasslands for the period of 1959-2011. We compared the changes in C stocks derived from estimated NBP and using repeated inventory datasets for each individual land use type from 2005 to 2011. For the entire study region of 2193 ha, overall annual plant C inputs to the soil constituted 37% of total region NPP. Plant C inputs in upland areas (excluding bush/fallow) could be predicted by climate variables. Overall NBP for all land use types increased from -1.26MgCha(-1)yr(-1) in 1959-0.26 Mg Cha(-1)yr(-1) in 2011. However, upland and paddy fields showed a decreased in NBP over the period of 1959-2011, under the current C input scenario. From 1988, an increase in agricultural abandonment (bush/fallow) and grassland cover caused a slow increase in the regional C pools. The comparison of carbon budgets using the NBP estimation method and the soil inventory method indicated no significant difference between the two methods. Our results showed C loss in upland crops, paddy fields and sites that underwent land use change from paddy field to upland sites. We also show C gain in grassland from 2005 to 2011. An underestimation of NBP or an overestimation of repeated C inventories cannot be excluded, but either method may be suitable for tracking absolute changes in soil C, considering the uncertainty associated with these methods. Copyright © 2016 Elsevier B.V. All rights reserved.

  6. [Net energy analysis for annual 200 000 ton cassava ethanol production at Guangxi COFCO].

    Science.gov (United States)

    Yue, Guojun; Sun, Zhenjiang; Shen, Naidong

    2015-02-01

    Guangxi COFCO innovates its annual 200 000 ton cassava ethanol production in recent years. To evaluate the energy input/output of the production process, we used the domestic life cycle model. The calculation results show that the net energy value was 9.56 MJ/L ethanol. Energy input for ethanol production was 51.3% of the total. 61.5% of energy input for ethanol production was used for steam input in ethanol distillation. Energy produced from by-product was 5.03 MJ/L ethanol. Hence, efficient use of raw materials is an important measure to improve the energy efficiency in Guangxi COFCO and energy compensation from byproducts has key impact on the net energy saving.

  7. Developing Inventory Projection Models Using Empirical Net Forest Growth and Growing-Stock Density Relationships Across U.S. Regions and Species Group

    Science.gov (United States)

    Prakash Nepal; Peter J. Ince; Kenneth E. Skog; Sun J. Chang

    2012-01-01

    This paper describes a set of empirical net forest growth models based on forest growing-stock density relationships for three U.S. regions (North, South, and West) and two species groups (softwoods and hardwoods) at the regional aggregate level. The growth models accurately predict historical U.S. timber inventory trends when we incorporate historical timber harvests...

  8. Do Annual Stock Price Effects of Extreme Cash Dividend Pay-Out Events Differ from Their Short Term Effects?

    NARCIS (Netherlands)

    von Eije, Johan; Muckley, Cal

    2015-01-01

    In this paper, we assess the long-term stock price impact of 1327 cash dividend payment initiations and 1156 cash dividend payment omissions of firms listed on the NYSE and the NASDAQ, from 1972 to 2012. In particular we compare the annual returns of dividend initiating and omitting firms and firms

  9. Resident Fish Stock Status above Chief Joseph and Grand Coulee Dams; 2000 Annual Report.

    Energy Technology Data Exchange (ETDEWEB)

    Lockwood, Jr., Neil [Kalispel Tribe of Indians, Usk, WA (United States); McLellan, Jason G [Washington Department of Fish and Wildlife, Spokane, WA (United States); Crossley, Brian [Spokane Tribe of Indians, Department of Natural Resources, Wellpinit, WA (United States); O' Connor, Dick

    2001-01-01

    The Resident Fish Stock Status above Chief Joseph and Grand Coulee Dams Project, commonly known as the Joint Stock Assessment Project (JSAP) is a management tool using ecosystem principles to manage artificial fish assemblages and native fish in altered environments existing in the Columbia River System above Chief Joseph and Grand Coulee Dams (blocked area). The three-phase approach of this project will enhance the fisheries resources of the blocked area by identifying data gaps, filling data gaps with research, and implementing management recommendations based on research results. The Blocked Area fisheries information housed in a central location will allow managers to view the entire system while making decisions, rather than basing management decisions on isolated portions of the system. The JSAP (NWPPC program measure 10.8B.26) is designed and guided jointly by fisheries managers in the blocked area and the Columbia Basin blocked area management plan (1998). The initial year of the project (1997) identified the need for a central data storage and analysis facility, coordination with the StreamNet project, compilation of blocked area fisheries information, and a report on the ecological condition of the Spokane River System. These needs were addressed in 1998 by acquiring a central location with a data storage and analysis system, coordinating a pilot project with StreamNet, compiling fisheries distribution data throughout the blocked area, identifying data gaps based on compiled information, and researching the ecological condition of the Spokane River. In order to ensure that any additional information collected throughout the life of this project will be easily stored and manipulated by the central storage facility, it was necessary to develop standardized methodologies between the JSAP fisheries managers. The use of common collection and analytical tools is essential to the process of streamlining joint management decisions. In 1999 and 2000 the project

  10. Effects of forest management and climate change on energy biomass and timber production with implications for carbon stocks and net CO{sub 2} exchange in boreal forest ecosystems

    Energy Technology Data Exchange (ETDEWEB)

    Alam, A.

    2011-07-01

    The aim of this work was to investigate the effects of forest management and climate change on energy biomass (wood) and timber production with implications for carbon stocks and net CO{sub 2} exchange in boreal forest ecosystems in Finland. First, the impacts of thinning on growth, timber production and carbon stocks under the current and changing climate were analysed by employing an ecosystem model for the whole of Finland over a 90-year period (Article 1). Concurrently, the potential of energy biomass production with implications for timber production and carbon stocks under varying thinning and climate scenarios was studied (Article 2). Thereafter, a life cycle assessment (LCA) tool for estimating net CO{sub 2} exchange of forest production was developed (Article 3), and it was applied in interaction with ecosystem model based simulations to study the impacts of different management regimes (initial stand density and thinning regimes) on energy biomass production and related CO{sub 2} emissions at a stand level with a rotation length of 80 years (Articles 3 and 4). The results showed that the climate change increased the production potential of energy biomass and timber, and carbon sequestration and stocks over the whole of Finland, but, in a relative sense more in northern than southern Finland (Articles 1 and 2). Decreasing basal area based thinning thresholds compared to the currently recommended ones, increased the harvesting of the annual average amount of timber compared to the annual average growth of stem wood, and reduced carbon stocks in the forest ecosystems (Article 1). On the other hand, the use of increased basal area thinning thresholds concurrently increased energy biomass and timber production, and carbon stocks in the forest ecosystem regardless of climate applied (Article 2). The development of the LCA tool made it also possible to estimate the net carbon exchange of the forest production (Article 3). Based on the use of the LCA tool with

  11. Resident Fish Stock Status above Chief Joseph and Grand Coulee Dams; 2002-2003 Annual Report.

    Energy Technology Data Exchange (ETDEWEB)

    Connor, Jason M. (Kalispel Tribe of Indians, Usk, WA); McLellan, Jason G. (Washington Department of Fish and Wildlife); Butler, Chris (Spokane Tribe of Indians, Wellpinit, WA)

    2006-02-01

    In 1980, the United States Congress enacted the Northwest Power Planning and Conservation Act (PL 96-501, 1980), which established the Northwest Power and Conservation Council (NPCC), formerly the Northwest Power Planning Council. The NPCC was directed by Congress to develop a regional Power Plan and also the Columbia River Basin Fish and Wildlife Program (FWP) to restore or replace losses of fish caused by construction and operation of hydroelectric dams in the Columbia River Basin. In developing the FWP, Congress specifically directed NPCC to solicit recommendations for measures to be included in the Program from the region's fish and wildlife agencies and Indian tribes. All measures adopted by the Council were also required to be consistent with the management objectives of the agencies and tribes [Section 4.(h)(6)(A)], the legal rights of Indian tribes in the region [Section 4.(h)(6)(D)] and be based upon and supported by the best available scientific knowledge [Section 4.(h)(6)(B)]. The Resident Fish Stock Status above Chief Joseph and Grand Coulee Dams Project, also known as the Joint Stock Assessment Project (JSAP) specifically addresses NPPC Council measure 10.8B.26 of the 1994 program. The Joint Stock Assessment Project is a management tool using ecosystem principles to manage artificial and native fish assemblages in altered environments existing in the Columbia River System above Chief Joseph and Grand Coulee Dams (Blocked Area). A three-phase approach of this project will enhance the fisheries resources of the Blocked Area by identifying data gaps, filling data gaps with research, and implementing management recommendations based on research results. The Blocked Area fisheries information is housed in a central location, allowing managers to view the entire system while making decisions, rather than basing management decisions on isolated portions of the system. The JSAP is designed and guided jointly by fisheries managers in the Blocked Area. The

  12. Resident Fish Stock above Chief Joseph and Grand Coulee Dams; 2003-2004 Annual Report.

    Energy Technology Data Exchange (ETDEWEB)

    Connor, Jason M. (Kalispel Tribe of Indians, Usk, WA); McLellan, Jason G. (Washington Department of Fish and Wildlife, Olympia, WA); Butler, Chris (Spokane Tribe of Indians, Wellpinit, WA)

    2005-11-01

    In 1980, the United States Congress enacted the Northwest Power Planning and Conservation Act (PL 96-501, 1980), which established the Northwest Power and Conservation Council (NPCC), formerly the Northwest Power Planning Council. The NPCC was directed by Congress to develop a regional Power Plan and also the Columbia River Basin Fish and Wildlife Program (FWP) to restore or replace losses of fish caused by construction and operation of hydroelectric dams in the Columbia River Basin. In developing the FWP, Congress specifically directed NPCC to solicit recommendations for measures to be included in the Program from the region's fish and wildlife agencies and Indian tribes. All measures adopted by the Council were also required to be consistent with the management objectives of the agencies and tribes [Section 4.(h)(6)(A)], the legal rights of Indian tribes in the region [Section 4.(h)(6)(D)] and be based upon and supported by the best available scientific knowledge [Section 4.(h)(6)(B)]. The Resident Fish Stock Status above Chief Joseph and Grand Coulee Dams Project, also known as the Joint Stock Assessment Project (JSAP) specifically addresses NPPC Council measure 10.8B.26 of the 1994 program. The Joint Stock Assessment Project is a management tool using ecosystem principles to manage artificial and native fish assemblages in altered environments existing in the Columbia River System above Chief Joseph and Grand Coulee Dams (Blocked Area). A three-phase approach of this project will enhance the fisheries resources of the Blocked Area by identifying data gaps, filling data gaps with research, and implementing management recommendations based on research results. The Blocked Area fisheries information is housed in a central location, allowing managers to view the entire system while making decisions, rather than basing management decisions on isolated portions of the system. The JSAP is designed and guided jointly by fisheries managers in the Blocked Area. The

  13. Resident Fish Stock Status above Chief Joseph and Grand Coulee Dams; 2001 Annual Report.

    Energy Technology Data Exchange (ETDEWEB)

    Connor, Jason M. (Kalispell Department of Natural Resources, Usk, WA); McLellan, Jason G. (Washington Department of Fish and Wildlife, Spokane, WA); O' Connor, Dick (Washington Department of Fish and Wildlife, Olympia, WA)

    2003-01-01

    In 1980, the United States Congress enacted the Northwest Power Planning and Conservation Act (PL 96-501, 1980), which established the Northwest Power Planning Council (NPPC). The NPPC was directed by Congress to develop a regional Power Plan and also the Columbia River Basin Fish and Wildlife Program (FWP) to restore or replace losses of fish caused by construction and operation of hydroelectric dams in the Columbia River Basin. In developing the FWP, Congress specifically directed NPPC to solicit recommendations for measures to be included in the Program from the region's fish and wildlife agencies and Indian tribes. All measures adopted by the Council were also required to be consistent with the management objectives of the agencies and tribes [Section 4.(h)(6)(A)], the legal rights of Indian tribes in the region [Section 4.(h)(6)(D)] and be based upon and supported by the best available scientific knowledge [Section 4.(h)(6)(B)]. The Resident Fish Stock Status above Chief Joseph and Grand Coulee Dams Project, also known as the Joint Stock Assessment Project (JSAP) specifically addresses NPPC Council measure 10.8B.26 of the 1994 program. The Joint Stock Assessment Project is a management tool using ecosystem principles to manage artificial fish assemblages and native fish in altered environments existing in the Columbia River System above Chief Joseph and Grand Coulee Dams (Blocked Area). A three-phase approach of this project will enhance the fisheries resources of the Blocked Area by identifying data gaps, filling data gaps with research, and implementing management recommendations based on research results. The Blocked Area fisheries information is housed in a central location, allowing managers to view the entire system while making decisions, rather than basing management decisions on isolated portions of the system. The JSAP is designed and guided jointly by fisheries managers in the Blocked Area and the Columbia Basin Blocked Area Management Plan

  14. Resident Fish Stock above Chief Joseph and Grand Coulee Dams; 2002 Annual Report.

    Energy Technology Data Exchange (ETDEWEB)

    Connor, Jason M. (Kalispel Department of Natural Resources, Usk, WA); McLellan, Jason G. (Washington Department of Fish and Wildlife, Spokane, WA); Butler, Chris (Spokane Tribe of Indians, Department of Natural Resources, Wellpinit, WA)

    2003-09-01

    In 1980, the United States Congress enacted the Northwest Power Planning and Conservation Act (PL 96-501, 1980), which established the Northwest Power and Conservation Council (NPCC), formerly the Northwest Power Planning Council. The NPCC was directed by Congress to develop a regional Power Plan and also the Columbia River Basin Fish and Wildlife Program (FWP) to restore or replace losses of fish caused by construction and operation of hydroelectric dams in the Columbia River Basin. In developing the FWP, Congress specifically directed NPCC to solicit recommendations for measures to be included in the Program from the region's fish and wildlife agencies and Indian tribes. All measures adopted by the Council were also required to be consistent with the management objectives of the agencies and tribes [Section 4.(h)(6)(A)], the legal rights of Indian tribes in the region [Section 4.(h)(6)(D)] and be based upon and supported by the best available scientific knowledge [Section 4.(h)(6)(B)]. The Resident Fish Stock Status above Chief Joseph and Grand Coulee Dams Project, also known as the Joint Stock Assessment Project (JSAP) specifically addresses NPPC Council measure 10.8B.26 of the 1994 program. The Joint Stock Assessment Project is a management tool using ecosystem principles to manage artificial fish assemblages and native fish in altered environments existing in the Columbia River System above Chief Joseph and Grand Coulee Dams (Blocked Area). A three-phase approach of this project will enhance the fisheries resources of the Blocked Area by identifying data gaps, filling data gaps with research, and implementing management recommendations based on research results. The Blocked Area fisheries information is housed in a central location, allowing managers to view the entire system while making decisions, rather than basing management decisions on isolated portions of the system. The JSAP is designed and guided jointly by fisheries managers in the Blocked Area

  15. Stocking of Offsite Waters for Hungry Horse Dam Mitigation; Creston National Fish Hatchery, 2001-2002 Annual Report.

    Energy Technology Data Exchange (ETDEWEB)

    Maskill, Mark (US Fish and Wildlife Service, Creston National Fish Hatchery, Kalispell, MT)

    2003-03-01

    Mitigation Objective 1: Produce Native Westslope Cutthroat Trout at Creston NFH--Task: Acquire eggs and rear up to 100,000 Westslope Cutthroat trout annually for offsite mitigation stocking. Accomplishments: A total of 150,000 westslope cutthroat eggs (M012 strain) were acquired from the State of Montana Washoe Park State Fish Hatchery in July 2001 for this objective. Another 120,000 westslope cutthroat eggs were taken from feral fish at Rogers Lake in May of 2001 by the Creston Hatchery crew. The fish were reared using approved fish culture techniques as defined in the U.S. Department of the Interior Fish Hatchery Management guidelines. Post release survival and angler success is monitored annually by Montana Fish Wildlife and Parks (MFWP) and the Confederated Salish and Kootenai Tribe (CSKT). Stocking numbers and locations may vary yearly based on results of biological monitoring. Mitigation Objective 2: Produce Rainbow Trout at Creston NFH--Task: Acquire and rear up to 100,000 Rainbow trout annually for offsite mitigation in closed basin waters. Accomplishments: A total of 50,500 rainbow trout eggs (Arlee strain) were acquired from the State of Montana Arlee State Fish Hatchery in December 2001 for this objective. The fish were reared using approved fish culture techniques as defined in the U.S. Department of the Interior Fish Hatchery Management guidelines. Arlee rainbow trout are being used for this objective because the stocking locations are terminal basin reservoirs and habitat conditions and returns to creel are unsuitable for native cutthroat. Post release survival and angler success is monitored annually by the Confederated Salish and Kootenai Tribe (CSKT). Stocking numbers and locations may vary yearly based on results of biological monitoring.

  16. Stocking of Offsite Waters for Hungry Horse Dam Mitigation; Creston National Fish Hatchery, 2002-2003 Annual Report.

    Energy Technology Data Exchange (ETDEWEB)

    US Fish and Wildlife Service Staff, (US Fish and Wildlife Service, Creston National Fish Hatchery, Kalispell, MT)

    2004-02-01

    Mitigation Objective 1: Produce Native Westslope Cutthroat Trout at Creston NFH--Task: Acquire eggs and rear up to 100,000 Westslope Cutthroat trout annually for offsite mitigation stocking. Accomplishments: A total of 141,000 westslope cutthroat eggs (M012 strain) was acquired from the State of Montana Washoe Park State Fish Hatchery in May 2002 for this objective. We also received an additional 22,000 westslope cutthroat eggs, MO12 strain naturalized, from feral fish at Rogers Lake, Flathead County, Montana. The fish were reared using approved fish culture techniques as defined in the U.S. Fish and Wildlife Service, Fish Hatchery Management guidelines. Survival from the swim up fry stage to stocking was 95.6%. We achieved a 0.80 feed conversion this year on a new diet, Skretting ''Nutra Plus''. Post release survival and angler success is monitored annually by Montana Fish Wildlife and Parks (MFWP) and the Confederated Salish and Kootenai Tribe (CSKT). Stocking numbers and locations vary yearly based on results of biological monitoring and adaptive management. Mitigation Objective 2: Produce Rainbow Trout at Creston NFH--Task: Acquire and rear up to 100,000 Rainbow trout annually for offsite mitigation in closed basin waters. Accomplishments: A total of 54,000 rainbow trout eggs (Arlee strain) was acquired from the Ennis National Fish Hatchery in December 2002 for this objective. The fish were reared using approved fish culture techniques as defined in the U.S. Fish and Wildlife Service, Fish Hatchery Management guidelines. Survival from the swim up fry stage to stocking was 99.9%. We achieved a 0.79 feed conversion this year on a new diet, Skretting ''Nutra Plus''. Arlee rainbow trout are being used for this objective because the stocking locations are terminal basin reservoirs and habitat conditions and returns to the creel are unsuitable for native cutthroat. Post release survival and angler success is monitored annually

  17. Annual and Seasonal Variability of Net Heat Budget in the Northern Indian Ocean

    Science.gov (United States)

    Pinker, Rachel T.; Bentamy, Abderrahim; Chen, Wen; Kumar, M. R. Ramesh; Mathew, Simi; Venkatesan, Ramasamy

    2017-04-01

    In this study we investigate the spatial and temporal features of the net heat budget over the Northern Indian Ocean (focusing on the Arabian Sea and the Bay of Bengal), using satellite and numerical model estimates. The main objective is to characterize the annual, seasonal, and inter-annual patterns over this basin of climatic significance. To assess the temporal variability, several turbulent and radiative fluxes are used The turbulent fluxes are based on information from the Institut Français pout la Recherche et l'Exploitation de la MER (IFREMER V3), the Hamburg Ocean-Atmosphere Parameters from Satellite (HOAPS V3), the SEAFLUX V1, the Japanese Ocean Flux Data sets with Use of Remote Sensing Observations (J-OFURO V2), the Objective Analysis Fluxes (OAFlux V2), the European Center for Medium Weather Forecasts (ECMWF), the ERA Interim, the National centers for Environmental Prediction (NCEP) Climate Forecast System Reanalysis, CFSR, and the National Aeronautics Space Administration (NASA) Modern Era Retrospective Analysis for Research and Application (MERRA). The radiative fluxes, both shortwave and longwave, include those produced at the University of Maryland (UMD) as well as those derived from several of the above mentioned numerical models. An attempt will be made to evaluate the various fluxes against buoy observations such as those from the RAMA array. The National Institute of Ocean Technology, Chennai, India under its Ocean Observation Program has deployed a series of OMNI Buoys both in the Arabian Sea and the Bay of Bengal. These buoys are equipped with sensors to measure the radiation as well as other parameters. Comparison has been done with the OMNI observations and good agreement has been found with the current set-up of the instrument at a 3 m level. We found significant differences between the various products at specific locations. The ultimate objective is to investigates the sources of the differences in terms of atmospheric variables (surface

  18. Annual Net Community Production in the Western Subtropical North Pacific Determined from Argo-O2 Measurements

    Science.gov (United States)

    Yang, B.; Emerson, S. R.; Bushinsky, S. M.

    2016-02-01

    Export of organic carbon from the surface ocean to depth (the biological pump) helps maintain the pCO2 of the atmosphere and the O2 content of the oxygen minimum zones of the ocean. In the upper ocean, at steady state over a seasonal cycle the net organic carbon export is equal to the Annual Net Community Production (ANCP). The geographic distribution of this quantity determined by satellite-predicted Net Primary Production (NPP) and the recycling efficiency in the euphotic zone is more heterogeneous than the limited experimental estimates of ANCP. We evaluate the relationship between these two estimates of ANCP in the subtropical Western North Pacific Ocean ( 165o E and 20o N) using oxygen measurements on Argo Floats. In January of 2015 we deployed four floats with Anderaa oxygen sensors attached to a 60 cm stick on top of the float end cap, which can be readily calibrated against atmospheric pO2. We present data from these floats and air-sea oxygen flux calculations. The degree of oxygen supersaturation in summer is 1-2 percent, and in winter it fluctuates between being over and undersaturated. Evaluating the role of bubbles in winter is critical to an accurate determination of the annual flux. While there is not a full year of data at the time of writing this abstract, there will be when the Ocean Science meeting is held. So far, after nine months of measurements, there is a net flux of oxygen to the atmosphere, indicating that photosynthesis exceeds respiration. In February we will present a full annual cycle of air-sea oxygen flux and an estimate of ANCP in this very rarely studied region of the ocean.

  19. Gross and net land cover changes in the main plant functional types derived from the annual ESA CCI land cover maps (1992–2015

    Directory of Open Access Journals (Sweden)

    W. Li

    2018-01-01

    Full Text Available Land-use and land-cover change (LULCC impacts local energy and water balance and contributes on global scale to a net carbon emission to the atmosphere. The newly released annual ESA CCI (climate change initiative land cover maps provide continuous land cover changes at 300 m resolution from 1992 to 2015, and can be used in land surface models (LSMs to simulate LULCC effects on carbon stocks and on surface energy budgets. Here we investigate the absolute areas and gross and net changes in different plant functional types (PFTs derived from ESA CCI products. The results are compared with other datasets. Global areas of forest, cropland and grassland PFTs from ESA are 30.4, 19.3 and 35.7 million km2 in the year 2000. The global forest area is lower than that from LUH2v2h (Hurtt et al., 2011, Hansen et al. (2013 or Houghton and Nassikas (2017 while cropland area is higher than LUH2v2h (Hurtt et al., 2011, in which cropland area is from HYDE 3.2 (Klein Goldewijk et al., 2016. Gross forest loss and gain during 1992–2015 are 1.5 and 0.9 million km2 respectively, resulting in a net forest loss of 0.6 million km2, mainly occurring in South and Central America. The magnitudes of gross changes in forest, cropland and grassland PFTs in the ESA CCI are smaller than those in other datasets. The magnitude of global net cropland gain for the whole period is consistent with HYDE 3.2 (Klein Goldewijk et al., 2016, but most of the increases happened before 2004 in ESA and after 2007 in HYDE 3.2. Brazil, Bolivia and Indonesia are the countries with the largest net forest loss from 1992 to 2015, and the decreased areas are generally consistent with those from Hansen et al. (2013 based on Landsat 30 m resolution images. Despite discrepancies compared to other datasets, and uncertainties in converting into PFTs, the new ESA CCI products provide the first detailed long-term time series of land-cover change and can be implemented in LSMs to

  20. Duck Valley Reservoirs Fish Stocking and Operation and Maintenance, 2005-2006 Annual Progress Report.

    Energy Technology Data Exchange (ETDEWEB)

    Sellman, Jake; Dykstra, Tim [Shoshone-Paiute Tribes

    2009-05-11

    The Duck Valley Reservoirs Fish Stocking and Operations and Maintenance (DV Fisheries) project is an ongoing resident fish program designed to enhance both subsistence fishing, educational opportunities for Tribal members of the Shoshone-Paiute Tribes, and recreational fishing facilities for non-Tribal members. In addition to stocking rainbow trout (Oncorhynchus mykiss) in Mountain View, Lake Billy Shaw, and Sheep Creek Reservoirs, the program also intends to afford and maintain healthy aquatic conditions for fish growth and survival, to provide superior facilities with wilderness qualities to attract non-Tribal angler use, and to offer clear, consistent communication with the Tribal community about this project as well as outreach and education within the region and the local community. Tasks for this performance period are divided into operations and maintenance plus monitoring and evaluation. Operation and maintenance of the three reservoirs include fences, roads, dams and all reservoir structures, feeder canals, water troughs and stock ponds, educational signs, vehicles and equipment, and outhouses. Monitoring and evaluation activities included creel, gillnet, wildlife, and bird surveys, water quality and reservoir structures monitoring, native vegetation planting, photo point documentation, control of encroaching exotic vegetation, and community outreach and education. The three reservoirs are monitored in terms of water quality and fishery success. Sheep Creek Reservoir was the least productive as a result of high turbidity levels and constraining water quality parameters. Lake Billy Shaw trout were in poorer condition than in previous years potentially as a result of water quality or other factors. Mountain View Reservoir trout exhibit the best health of the three reservoirs and was the only reservoir to receive constant flows of water.

  1. Duck Valley Reservoirs Fish Stocking and Operation and Maintenance, 2006-2007 Annual Progress Report.

    Energy Technology Data Exchange (ETDEWEB)

    Sellman, Jake; Dykstra, Tim [Shoshone-Paiute Tribes

    2009-05-11

    The Duck Valley Reservoirs Fish Stocking and Operations and Maintenance (DV Fisheries) project is an ongoing resident fish program that serves to partially mitigate the loss of anadromous fish that resulted from downstream construction of the hydropower system. The project's goals are to enhance subsistence fishing and educational opportunities for Tribal members of the Shoshone-Paiute Tribes and provide resident fishing opportunities for non-Tribal members. In addition to stocking rainbow trout (Oncorhynchus mykiss) in Mountain View, Lake Billy Shaw, and Sheep Creek Reservoirs, the program is also designed to maintain healthy aquatic conditions for fish growth and survival, to provide superior facilities with wilderness qualities to attract non-Tribal angler use, and to offer clear, consistent communication with the Tribal community about this project as well as outreach and education within the region and the local community. Tasks for this performance period are divided into operations and maintenance plus monitoring and evaluation. Operation and maintenance of the three reservoirs include fences, roads, dams and all reservoir structures, feeder canals, water troughs and stock ponds, educational signs, vehicles and equipment, and outhouses. Monitoring and evaluation activities included creel, gillnet, wildlife, and bird surveys, water quality and reservoir structures monitoring, native vegetation planting, photo point documentation, control of encroaching exotic vegetation, and community outreach and education. The three reservoirs are monitored in terms of water quality and fishery success. Sheep Creek Reservoir was very unproductive this year as a fishery. Fish morphometric and water quality data indicate that the turbidity is severely impacting trout survival. Lake Billy Shaw was very productive as a fishery and received good ratings from anglers. Mountain View was also productive and anglers reported a high number of quality sized fish. Water quality

  2. Net Ecosystem Carbon Flux

    Data.gov (United States)

    U.S. Geological Survey, Department of the Interior — Net Ecosystem Carbon Flux is defined as the year-over-year change in Total Ecosystem Carbon Stock, or the net rate of carbon exchange between an ecosystem and the...

  3. Influence Analysis of Return on Assets (ROA), Return on Equity (ROE), Net Profit Margin (NPM), Debt To Equity Ratio (DER), and current ratio (CR), Against Corporate Profit Growth In Automotive In Indonesia Stock Exchange

    OpenAIRE

    Mohd. Heikal; Muammar Khaddafi; Ainatul Ummah

    2014-01-01

    The purpose of this research to analyze the effect of Return On Asset, Return On Equity, Net Profit Margin, Debt To Equity Ratio and Current Ratio toward growth income either simultaneously or partially on automotive companies that were listed in Indonesia stock exchange. Independent variables used in this research were Return On Asset, Return On Equity, Net Profit Margin, Debt To Equity Ratio and Current Ratio and dependent variable in this research was growth incom. The data used in this re...

  4. COINTEGRATION ANALYSIS OF EUROPEAN STOCK MARKETS (ROMANIA, GERMANY, FRANCE AND POLAND FROM THE PERSPECTIVE OF THE NET ASSETS INVESTMENT OF THE ROMANIAN MANDATORY PRIVATE PENSION FUNDS

    Directory of Open Access Journals (Sweden)

    Andreea-Cristina PETRICA

    2016-12-01

    Full Text Available The goal of this paper is to investigate cointegration between Bucharest Stock Exchange and three European Stock Markets: Germany,France and Poland, respectively. The choice of the European markets is based on the net assets investment of the Romanian mandatory private pension funds. On June 30, 2016, according to the Romanian Financial Supervisory Authority 91.28% of all investments in shares of private pension funds have been performed in Romanian shares, while the rest of 8.72% (0.44 billion lei have been performed in shares issued by Germany (2.34%, France (2.23%, Poland (0.89% and other countries. Having the intention of achieving maximizing returns by managing risk, and also to capture the co-movements in the above markets,we perform the cointegration analysis to examine portfolio diversification of the Romanian mandatory private pension funds. The empirical analysis is based on daily closing prices of the BET Index, DAX 30 Index, CAC 40 Index and WIG 20 Index and covers the period from 30 January 2006 to 27 September 2016 (2713 observations.

  5. Gap filling strategies for defensible annual sums of net ecosystem exchange

    NARCIS (Netherlands)

    Falge, E.; Baldocchi, D.; Olson, R.; Anthoni, P.; Aubinet, M.; Bernhofer, C.; Burba, G.; Ceulemans, R.; Clement, R.; Dolman, H.; Granier, A.; Gross, P.; Grünwald, T.; Hollinger, D.; Jensen, N.O.; Katul, G.; Keronen, P.; Kowalski, A.; Lai, C.T.; Law, B.E.; Meyers, T.; Moncrieff, J.; Moors, E.J.; Munger, J.W.; Pilegaard, K.; Rebmann, C.; Suyker, A.; Tenhunen, J.; Tu, K.

    2001-01-01

    Heightened awareness of global change issues within both science and political communities has increased interest in using the global network of eddy covariance flux towers to more fully understand the impacts of natural and anthropogenic phenomena on the global carbon balance. Comparisons of net

  6. Duck Valley Reservoirs Fish Stocking and O&M, Annual Progress Report 2007-2008.

    Energy Technology Data Exchange (ETDEWEB)

    Sellman, Jake; Perugini, Carol [Department of Fish, Wildlife, and Parks, Shoshone-Paiute Tribes

    2009-02-20

    The Duck Valley Reservoirs Fish Stocking and Operations and Maintenance Project (DV Fisheries) is an ongoing resident fish program that serves to partially mitigate the loss of anadromous fish that resulted from downstream construction of the federal hydropower system. The project's goals are to enhance subsistence fishing and educational opportunities for Tribal members of the Shoshone-Paiute Tribes and provide fishing opportunities for non-Tribal members. In addition to stocking rainbow trout (Oncorhynchus mykiss) in Mountain View (MVR), Lake Billy Shaw (LBS), and Sheep Creek Reservoirs (SCR), the program is also designed to: maintain healthy aquatic conditions for fish growth and survival, provide superior facilities with wilderness qualities to attract non-Tribal angler use, and offer clear, consistent communication with the Tribal community about this project as well as outreach and education within the region and the local community. Tasks for this performance period fall into three categories: operations and maintenance, monitoring and evaluation, and public outreach. Operation and maintenance of the three reservoirs include maintaining fences, roads, dams and all reservoir structures, feeder canals, water troughs, stock ponds, educational signs, vehicles, equipment, and restroom facilities. Monitoring and evaluation activities include creel, gillnet, wildlife, and bird surveys, water quality and reservoir structures monitoring, native vegetation planting, photo point documentation, and control of encroaching exotic vegetation. Public outreach activities include providing environmental education to school children, providing fishing reports to local newspapers and vendors, updating the website, hosting community environmental events, and fielding numerous phone calls from anglers. The reservoir monitoring program focuses on water quality and fishery success. Sheep Creek Reservoir and Lake Billy Shaw had less than productive trout growth due to water

  7. Kootenai River Fisheries Investigation; Stock Status of Burbot, 2004-2005 Annual Report.

    Energy Technology Data Exchange (ETDEWEB)

    Paragamian, Vaughn L.; Laude, Dorothy C.

    2006-03-01

    The main objective of this investigation was to monitor movement and spawning activity of burbot Lota lota in the Kootenai River, Idaho and British Columbia, Canada during the winter of 2004-2005. As a secondary objective, we examined the literature to obtain inferential information on how changes in historic water temperature may affect burbot movement and spawning. Discharge from Libby Dam for October 2004 ranged from 133 to 272 m{sup 3}/s, was ramped up to 532 m{sup 3}/s early in November, then was brought down to about 283 m{sup 3}/s through the last 10 days of the month. In early December 2004, discharge was brought up to full powerhouse of about 762 m{sup 3}/s several times but remained above 436 m{sup 3}/s for most of the month. However, with the prospect of a below normal snowpack and a mild winter, discharge was brought down to 113 m{sup 3}/s, minimum flow, for the remainder of January through March 2005. Discharge did not meet the systems operation request as a burbot rehabilitation measure. Mean water temperature of the Kootenai River at Libby Dam from November 1, 2004 through April 5, 2005 was 5.3 C, ranging from 10.45 C on November 1, 2004 to 3.2 C on March 2, 2005. Tributary water temperatures were monitored in Deep, Smith, and Boundary creeks in Idaho and in the Goat River, Corn, and Summit creeks, British Columbia, Canada from November 1, 2004 to about April 18, 2005. Baited hoop nets of 25 and 19 mm bar mesh were fished from November 5, 2004 through April 4, 2005 for 2,046 net d (one net day is a single 24 h set). One hundred twenty-two fish were caught encompassing ten different species of fish. Eighteen burbot (14 different fish) were captured. Sixteen of the captures were at Ambush Rock (rkm 244.5), one was near Nicks Island (rkm 144.5), British Columbia, and the other was downstream of the Goat River (rkm 152.7). Of the 18 burbot captured, one fish escaped from the net overnight, four were recaptures from this year's study, six were

  8. Gap filling strategies for defensible annual sums of net ecosystem exchange

    DEFF Research Database (Denmark)

    Falge, E.; Baldocchi, D.; Olson, R.

    2001-01-01

    ecosystem exchange (F-NEE) responses are being made among biome types, phenology patterns, and stress conditions. The comparisons are usually performed on annual sums of F-NEE; however, the average data coverage during a year is only 65%. Therefore, robust and consistent gap filling methods are required. We...

  9. Hungry Horse Dam Fisheries Mitigation; Kokanee Stocking and Monitoring in Flathead Lake, 1995 Annual Report.

    Energy Technology Data Exchange (ETDEWEB)

    Fredenberg, Wade; Carty, Daniel (US Fish and Wildlife Service, Kalispell, MT); Cavigli, Jon (Montana Department of Fish, Wildlife and Parks, Kalispell, MT)

    1996-06-01

    The operation of Hungry Horse Dam on the South Fork-of the Flathead River reduced the reproductive success of kokanee (Oncorhynchus nerka) spawning in the Flathead River. Montana Fish, Wildlife and Parks (MFWP) and the Confederated Salish and Kootenai Tribes (CSKT) authored a mitigation plan to offset those losses. The mitigation goal, stated in the Fisheries Mitigation Plan for Losses Attributed to the Construction and Operation of Hungry Horse Dam, is to: {open_quotes}Replace lost annual production of 100,000 kokanee adults, initially through hatchery production and pen rearing in Flathead Lake, partially replacing lost forage for lake trout (Salvelinus namaycush) in Flathead Lake.{close_quotes}

  10. Kootenai River Fisheries Investigation[s]; Stock Status of Burbot, 2002-2003 Annual Report.

    Energy Technology Data Exchange (ETDEWEB)

    Paragamian, Vaughn L.; Hoyle, Genevieve

    2005-09-01

    The Kootenai River Fisheries Investigation Project planned to monitor burbot Lota lota movement in the winter of 2002-2003 and test a hypothesis regarding the relationship of winter flow to upstream spawning migration success. The U.S. Army Corps of Engineers and the Bonneville Power Administration were unable to provide the consistent low winter flows needed to meet the experimental design criteria in that monitoring and evaluation plan (approximately 170 m{sup 3}/s from Libby Dam). Although conditions consistent with management for sustained minimum flows persisted throughout the winter, and stable low flows were maintained below Libby Dam from September 1 through November 24, 2002 (158 m{sup 3}/s average) and from January 1, 2003 until May 1 (144 m{sup 3}/s average), flows in the intervening 37 d period from November 25 to December 31 were increased significantly by the U.S. Army Corps of Engineers. During that important December spawning migration period for burbot, flows were well above those proposed in the monitoring and evaluation plan and peaked at 741 m{sup 3}/s on December 21, 2002. Furthermore, despite the low flow conditions for much of the winter, our capture of 10 burbot was the lowest since this investigation began in 1993, evidence that the stock is extremely depressed and the numbers of burbot are declining. We captured a single burbot in 2002-2003 that provided circumstantial evidence reproduction occurred during the winter of 2000-2001. This burbot of 352 mm TL was among the smallest captured since sampling began in 1993. Seven burbot were monitored with sonic telemetry; two of those were tagged the previous winter. The capture of a female burbot at Ambush Rock during the spawning period supports results of previous findings that low flows during winter enhances burbot migration and spawning. Sampling for larval burbot was conducted, but no larval burbot were captured.

  11. Drivers of inter-annual variability in Net Ecosystem Exchange in a semi-arid savanna ecosystem, South Africa

    Directory of Open Access Journals (Sweden)

    S. A. Archibald

    2009-02-01

    Full Text Available Inter-annual variability in primary production and ecosystem respiration was explored using eddy-covariance data at a semi-arid savanna site in the Kruger Park, South Africa. New methods of extrapolating night-time respiration to the entire day and filling gaps in eddy-covariance data in semi-arid systems were developed. Net ecosystem exchange (NEE in these systems occurs as pulses associated with rainfall events, a pattern not well-represented in current standard gap-filling procedures developed primarily for temperate flux sites. They furthermore do not take into account the decrease in respiration at high soil temperatures. An artificial neural network (ANN model incorporating these features predicted measured fluxes accurately (MAE 0.42 gC/m2/day, and was able to represent the seasonal patterns of photosynthesis and respiration at the site. The amount of green leaf area (indexed using satellite-derived estimates of fractional interception of photosynthetically active radiation fAPAR, and the timing and magnitude of rainfall events, were the two most important predictors used in the ANN model. These drivers were also identified by multiple linear regressions (MLR, with strong interactive effects. The annual integral of the filled NEE data was found to range from −138 to +155 g C/m2/y over the 5 year eddy covariance measurement period. When applied to a 25 year time series of meteorological data, the ANN model predicts an annual mean NEE of 75(±105 g C/m2/y. The main correlates of this inter-annual variability were found to be variation in the amount of absorbed photosynthetically active radiation (APAR, length of the growing season, and number of days in the year when moisture was available in the soil.

  12. Global socioeconomic material stocks rise 23-fold over the 20th century and require half of annual resource use.

    Science.gov (United States)

    Krausmann, Fridolin; Wiedenhofer, Dominik; Lauk, Christian; Haas, Willi; Tanikawa, Hiroki; Fishman, Tomer; Miatto, Alessio; Schandl, Heinz; Haberl, Helmut

    2017-02-21

    Human-made material stocks accumulating in buildings, infrastructure, and machinery play a crucial but underappreciated role in shaping the use of material and energy resources. Building, maintaining, and in particular operating in-use stocks of materials require raw materials and energy. Material stocks create long-term path-dependencies because of their longevity. Fostering a transition toward environmentally sustainable patterns of resource use requires a more complete understanding of stock-flow relations. Here we show that about half of all materials extracted globally by humans each year are used to build up or renew in-use stocks of materials. Based on a dynamic stock-flow model, we analyze stocks, inflows, and outflows of all materials and their relation to economic growth, energy use, and CO2 emissions from 1900 to 2010. Over this period, global material stocks increased 23-fold, reaching 792 Pg (±5%) in 2010. Despite efforts to improve recycling rates, continuous stock growth precludes closing material loops; recycling still only contributes 12% of inflows to stocks. Stocks are likely to continue to grow, driven by large infrastructure and building requirements in emerging economies. A convergence of material stocks at the level of industrial countries would lead to a fourfold increase in global stocks, and CO2 emissions exceeding climate change goals. Reducing expected future increases of material and energy demand and greenhouse gas emissions will require decoupling of services from the stocks and flows of materials through, for example, more intensive utilization of existing stocks, longer service lifetimes, and more efficient design.

  13. Design of advanced solar homes aimed at net-zero annual energy consumption in Canada

    Energy Technology Data Exchange (ETDEWEB)

    Athienitis, Andreas

    2010-09-15

    This paper overviews the design of three sustainable low or net-zero energy solar homes in Canada. The major features of the houses are: 1. direct gain passive solar design that emphasizes utilization of distributed thermal mass in the equatorial-facing part of the ground floor; 2. a building-integrated photovoltaic-thermal system (BIPV/T); 3. a two-stage ground-source heat pump used to heat/cool air in the house or an air source heat pump using BIPV/T air as the source to heat a storage tank; 4. a floor heating system integrated in the floor mass of the direct gain zone; 5. a multizone programmable thermostat.

  14. Kootenai River Fisheries Investigation; Stock Status of Burbot, 2003-2004 Annual Report.

    Energy Technology Data Exchange (ETDEWEB)

    Paragamian, Vaughn L.; Pyper, Brian J.; Ireland, Susan C.

    2004-12-01

    The main objective of this investigation was to monitor movement and spawning activity of burbot Lota lota in the Kootenai River, Idaho and British Columbia, Canada during the winter of 2003-2004. Due to low precipitation and snow pack, as well as low levels of Lake Koocanusa, the U.S. Army Corps of Engineers refrained from releasing discharges >113 m{sup 3}/s from Libby Dam for most of the winter. This situation provided suitable conditions for burbot migration and spawning in the mainstem river. Hoop nets captured 19 burbot, which ranged from 447 mm to 760 mm TL (mean = 630 mm) and weighed from 420 g to 4,032 g (mean = 1,937 g) with a mean W{sub r} of 99. One burbot (burbot 214) was captured for the fifth time since its first capture in 2000, and each capture was near Ambush Rock (rkm 244.4-244.8). Eleven burbot were tagged with five-month duration external sonic transmitters, and a 12th burbot, tagged with a 14-month transmitter, has been monitored since 2001. During the post-spawn period, three sonic-tagged burbot exhibited downstream and sedentary movement patterns, while five remained at Ambush Rock. Concentrations of tagged burbot near Ambush Rock (rkm 244.5) during January and February 2004 (eight tagged fish) may suggest that this area is critical spawning habitat. The appearance of burbot at Ambush Rock during the spawning period and upstream movements of tagged fish (PIT and sonic tagged) in previous years during the low discharges help validate results suggesting that discharges <113 m{sup 3}/s will permit burbot migration and may increase spawning habitat. Though it seems apparent that the Ambush Rock area is an important burbot spawning ground, no adult burbot were recaptured after the spawning period and no burbot larva were caught, despite considerable sampling efforts during the winter of 2003-2004.

  15. Effect of stocking density on performance, diet selection, total-tract digestion, and nitrogen balance among heifers grazing cool-season annual forages.

    Science.gov (United States)

    Brunsvig, B R; Smart, A J; Bailey, E A; Wright, C L; Grings, E E; Brake, D W

    2017-08-01

    Grazing annual cool-season forages after oat grain harvest in South Dakota may allow an opportunity to increase efficient use of tillable land. However, data are limited regarding effects of stocking density on diet selection, nutrient digestion, performance, and N retention by cattle grazing annual cool-season forage. Heifers were blocked by initial BW (261 ± 11.7 kg) and randomly assigned to 1 of 12 paddocks (1.1 ha) to graze a mixture of grass and brassica for 48 d. Each paddock contained 3, 4, or 5 heifers to achieve 4 replicates of each stocking density treatment. Ruminally cannulated heifers were used to measure diet and nutrient intake. Effects of stocking density on diet and nutrient selection were measured after 2, 24, and 46 d of grazing, and BW was measured at the beginning, middle, and end of the experiment as the average of d 1 and 2, d 22 and 23, and d 47 and 48 BW, respectively. Measures of DMI and DM, OM, NDF, and ADF digestion were collected from d 18 to 23. Increased stocking density increased intake of brassica relative to grass on d 24 (quadratic, = 0.02), but increased stocking density decreased (linear, ≤ 0.01) intake of brassica compared with grass on d 48 (stocking density × time, density increased DM (quadratic, density tended to increase DMI (quadratic, = 0.07). Additionally, increased stocking density quadratically increased ( = 0.05) N retention but did not affect overall BW gains. Increased stocking density did, however, contribute to linearly decreased ( = 0.05) BW gains from d 1 to 22 of grazing, but BW gains during the latter half of the experiment were greater than BW gains from d 1 to 22. Ruminal concentration of acetate:propionate was least on d 24 of grazing, and ruminal nitrate concentration tended to linearly decrease ( = 0.06) with greater amounts of time on pasture. Ruminal liquid and particulate fill and amounts of VFA were less (quadratic, ≤ 0.01) with greater amounts of time on pasture. Apparently, binary mixtures of

  16. Kokanee Stock Status and Contribution Cabinet Gorge Hatchery, Lake Pend Oreille, Idaho, 1988 Annual Progress Report.

    Energy Technology Data Exchange (ETDEWEB)

    Bowles, Edward C.

    1989-02-01

    The kokanee Oncorhynchus nerka rehabilitation program for Lake Pend Oreille continued to show progress during 1988. Estimated kokanee abundance in early September was 10.2 million fish. This estimate is 70% higher than 1987 and 140% higher than the populations's low point in 1986. Increased population size over the past two years is the result of two consecutive strong year classes produced from high recruitment of hatchery and wild fry. High recruitment of wild fry in 1988 resulted from good parental escapement (strong year class) in 1987 and relatively high fry survival. Hatchery fry made up 51% of total fry recruitment (73% of total fry biomass), which is the largest contribution since hatchery supplementation began in the 1970s. High hatchery fry abundance resulted from a large release (13 million fry) from Cabinet Gorge Hatchery and excellent fry survival (29%) during their first summer in Lake Pend Oreille. Improved fry release strategies enhanced survival, which doubled from 1987 to 1988 and was ten times higher than survival in 1986. Our research goal is to maintain 30% survival so we are very optimistic, but need to replicate additional years to address annual variability. 27 refs., 24 figs., 3 tabs.

  17. Foodborne disease investigation across Australia: annual report of the OzFoodNet network, 2003.

    Science.gov (United States)

    2004-01-01

    In 2003, OzFoodNet conducted enhanced surveillance of foodborne diseases across Australia, which covered all states and territories. During 2003, there were 23,250 notifications of eight potentially foodborne diseases, of which 67 per cent and 30 per cent were due to Campylobacter and Salmonella infections respectively. The most common Salmonella serotype was Typhimurium, as in previous years. Most S. Enteritidis were acquired overseas, except for Queensland where 52 per cent of infections were acquired locally. Locally acquired S. Enteritidis infections in Australia were predominantly due to phage type 26. The most common serotype of Shiga toxin producing E. coli was O157, although for 49 per cent of notified infections serotype was unknown due to the use of polymerase chain reaction based screening tests. There were 12 materno-foetal listeriosis infections in 2003, which was an increase compared to recent years. During 2003, there were 444 outbreaks of gastroenteritis and foodborne disease recorded. Ninety-nine of these were of foodborne origin affecting 1,686 persons, hospitalising 105 and causing six deaths. A wide range of agents and foods caused these outbreaks, with Salmonella Typhimurium being the most common pathogen. Outbreaks associated with fish and seafood dishes, poultry meat, and Asian style and imported foods were common. Four outbreaks with international implications were reported: an outbreak of Salmonella in Montevideo involving contaminated tahini from the Middle East and three outbreaks of norovirus infection associated with imported Japanese oysters. Outbreak data indicated a need to monitor food safety in aged care settings, restaurants and catering. Eighty-nine investigations into clusters of gastrointestinal illness where a source could not be identified were conducted, including multi-state outbreaks of salmonellosis. One multistate investigation of antibiotic resistant Salmonella Paratyphi b Java identified 18 cases who had recent

  18. Annual Net Ecosystem Productivity of Wetlands: A Comparison of Automated and Manual Chamber Methods

    Science.gov (United States)

    Burrows, E. H.; Bubier, J. L.; Mosedale, A.; Crill, P. M.

    2001-05-01

    Net Ecosystem Exchange (NEE) of carbon dioxide (CO2) was measured in a minerotrophic poor fen in southeastern New Hampshire during the 2000 growing season using two types of chamber methods. Instantaneous CO2 flux was measured with transparent lexan and teflon static climate controlled chambers by calculating the change in headspace CO2 concentration in the chamber over time. Once per week the flux was sampled from ten manually operated chambers using a LI-COR 6200 portable photosynthesis system, which included a LI-6250 infrared gas analyzer, connected to the chambers. Ten automated chambers were installed in May of 2000, sampling CO2 flux every three hours over the diurnal cycle using a LI-COR 6262 infrared gas analyzer. The chambers and collars were placed throughout the fen in order to sample the range of plant communities. The manual sampling was done during the middle of the day, but the rate of photosynthesis changes depending on the amount of photosynthetically active radiation (PAR). In order to simulate varying light levels, shrouds blocking different amounts of light were placed over each manual chamber. An opaque shroud was used to measure respiration. NEE ranged from -13.0 to 12.5 μ mol CO2/m2/s in the manual chambers and -16.2 to 11.8 μ mol CO2/m2/s in the automated chambers for the mid-summer growing season. Manual respiration fluxes were measured under higher temperature regimes and the response of respiration to temperature will be factored in when comparing the two chamber techniques. Research during the summer of 2001 will also include diurnal measurements. Growing season net ecosystem productivity (NEP) will be estimated and compared for the two chamber systems. Several models will be used to estimate the flux when the manual chambers were not being sampled. The models will be based on biomass and dominant species in each chamber, and various environmental factors including water table, pH, relative humidity, PAR, air and peat temperature

  19. Lake Roosevelt Fisheries Evaluation Program; Meadow Creek vs. Lake Whatcom Stock Kokanee Salmon Investigations in Lake Roosevelt, Annual Report 2002.

    Energy Technology Data Exchange (ETDEWEB)

    McLellan, Holly

    2003-03-01

    Lake Whatcom, Washington kokanee have been stocked in Lake Roosevelt since 1987 with the primary objective of creating a self-sustaining fishery. Success has been limited by low recruitment to the fishery, low adult returns to hatcheries, and a skewed sex ratio. It was hypothesized that a stock native to the upper Columbia River might perform better than the coastal Lake Whatcom stock. Kokanee from Meadow Creek, a tributary of Kootenay Lake, British Columbia were selected as an alternative stock. Post smolts from each stock were released from Sherman Creek Hatchery in late June 2000 and repeated in 2001. Stock performance was evaluated using three measures; (1) number of returns to Sherman Creek, the primary egg collection facility, (2) the number of returns to 86 tributaries sampled and, (3) the number of returns to the creel. In two repeated experiments, neither Meadow Creek or Lake Whatcom kokanee appeared to be capable of providing a run of three-year old spawners to sustain stocking efforts. Less than 10 three-years olds from either stock were collected during the study period. Chi-square analysis indicated age two Meadow Creek kokanee returned to Sherman Creek and to other tributaries in significantly higher numbers when compared to the Lake Whatcom stock in both 2000 and 2001. However, preliminary data from the Spokane Tribe of Indians indicated that a large number of both stocks were precocial before they were stocked. The small number of hatchery three-year olds collected indicated that the current hatchery rearing and stocking methods will continue to produce a limited jacking run largely composed of precocious males and a small number of three-year olds. No kokanee from the study were collected during standard lake wide creel surveys. Supplemental creel data, including fishing derbies, test fisheries, and angler diaries, indicated anglers harvested two-year-old hatchery kokanee a month after release. The majority of the two-year old kokanee harvested

  20. Annual net primary productivity of a cyanobacteria-dominated biological soil crust in the Gulf Savannah, Queensland, Australia

    Science.gov (United States)

    Büdel, Burkhard; Williams, Wendy J.; Reichenberger, Hans

    2018-01-01

    Biological soil crusts (biocrusts) are a common element of the Queensland (Australia) dry savannah ecosystem and are composed of cyanobacteria, algae, lichens, bryophytes, fungi and heterotrophic bacteria. Here we report how the CO2 gas exchange of the cyanobacteria-dominated biocrust type from Boodjamulla National Park in the north Queensland Gulf Savannah responds to the pronounced climatic seasonality and on their quality as a carbon sink using a semi-automatic cuvette system. The dominant cyanobacteria are the filamentous species Symplocastrum purpurascens together with Scytonema sp. Metabolic activity was recorded between 1 July 2010 and 30 June 2011, during which CO2 exchange was only evident from November 2010 until mid-April 2011, representative of 23.6 % of the 1-year recording period. In November at the onset of the wet season, the first month (November) and the last month (April) of activity had pronounced respiratory loss of CO2. The metabolic active period accounted for 25 % of the wet season and of that period 48.6 % was net photosynthesis (NP) and 51.4 % dark respiration (DR). During the time of NP, net photosynthetic uptake of CO2 during daylight hours was reduced by 32.6 % due to water supersaturation. In total, the biocrust fixed 229.09 mmol CO2 m-2 yr-1, corresponding to an annual carbon gain of 2.75 g m-2 yr-1. Due to malfunction of the automatic cuvette system, data from September and October 2010 together with some days in November and December 2010 could not be analysed for NP and DR. Based on climatic and gas exchange data from November 2010, an estimated loss of 88 mmol CO2 m-2 was found for the 2 months, resulting in corrected annual rates of 143.1 mmol CO2 m-2 yr-1, equivalent to a carbon gain of 1.7 g m-2 yr-1. The bulk of the net photosynthetic activity occurred above a relative humidity of 42 %, indicating a suitable climatic combination of temperature, water availability and light intensity well above 200 µmol photons m-2 s-1

  1. Comparison of calculation methods for estimating annual carbon stock change in German forests under forest management in the German greenhouse gas inventory

    Directory of Open Access Journals (Sweden)

    Steffi Röhling

    2016-06-01

    Full Text Available Abstract Background The German greenhouse gas inventory in the land use change sector strongly depends on national forest inventory data. As these data were collected periodically 1987, 2002, 2008 and 2012, the time series on emissions show several “jumps” due to biomass stock change, especially between 2001 and 2002 and between 2007 and 2008 while within the periods the emissions seem to be constant due to the application of periodical average emission factors. This does not reflect inter-annual variability in the time series, which would be assumed as the drivers for the carbon stock changes fluctuate between the years. Therefore additional data, which is available on annual basis, should be introduced into the calculations of the emissions inventories in order to get more plausible time series. Results This article explores the possibility of introducing an annual rather than periodical approach to calculating emission factors with the given data and thus smoothing the trajectory of time series for emissions from forest biomass. Two approaches are introduced to estimate annual changes derived from periodic data: the so-called logging factor method and the growth factor method. The logging factor method incorporates annual logging data to project annual values from periodic values. This is less complex to implement than the growth factor method, which additionally adds growth data into the calculations. Conclusion Calculation of the input variables is based on sound statistical methodologies and periodically collected data that cannot be altered. Thus a discontinuous trajectory of the emissions over time remains, even after the adjustments. It is intended to adopt this approach in the German greenhouse gas reporting in order to meet the request for annually adjusted values.

  2. Biogenic carbon fluxes from global agricultural production and consumption: Gridded, annual estimates of net ecosystem carbon exchange

    Science.gov (United States)

    Wolf, J.; West, T. O.; le Page, Y.; Thomson, A. M.

    2014-12-01

    Quantification of biogenic carbon fluxes from agricultural lands is needed to generate globally consistent bottom-up estimates for carbon monitoring and model input. We quantify agricultural carbon fluxes associated with annual (starting in 1961) crop net primary productivity (NPP), harvested biomass, and human and livestock consumption and emissions, with estimates of uncertainty, by applying region- and species-specific carbon parameters to annual crop, livestock, food and trade inventory data, and generate downscaled, gridded (0.05 degree resolution) representations of these fluxes. In 2011, global crop NPP was 5.25 ± 0.46 Pg carbon (excluding root exudates), of which 2.05 ± 0.051 Pg carbon was harvested as primary crops; an additional 0.54 Pg of crop residue carbon was collected for livestock fodder. In 2011, total livestock feed intake was 2.42 ± 0.21 Pg carbon, of which 2.31 ± 0.21 Pg carbon was emitted as carbon dioxide and 0.072 ± 0.005 Pg carbon was emitted as methane. We estimate that livestock grazed 1.18 Pg carbon from non-crop lands in 2011, representing 48.5 % of global total feed intake. In 2009, the latest available data year, we estimate global human food intake (excluding seafood and orchard fruits and nuts) at 0.52 ± 0.03 Pg carbon, with an additional 0.24 ± 0.01 Pg carbon of food supply chain losses. Trends in production and consumption of agricultural carbon between 1961 and recent years, such as increasing dominance of oilcrops and decreasing percent contribution of pasturage to total livestock feed intake, are discussed, and accounting of all agricultural carbon was done for the years 2005 and 2009. Gridded at 0.05 degree resolution, these quantities represent local uptake and release of agricultural biogenic carbon (e.g. biomass production and removal, residue and manure inputs to soils) and may be used with other gridded data to help estimate current and future changes in soil organic carbon.

  3. Lake Roosevelt Fisheries Evaluation Program; Meadow Creek vs. Lake Whatcom Stock Kokanee Salmon Investigations in Lake Roosevelt, 2001 Annual Report.

    Energy Technology Data Exchange (ETDEWEB)

    McLellan, Holly; Scholz, Allan

    2002-03-01

    Lake Roosevelt has been stocked with Lake Whatcom stock kokanee since 1989 with the primary objective of creating a self-sustaining recreational fishery. Due to low return numbers, it was hypothesized a stock of kokanee, native to the upper Columbia River, might perform better than the coastal Lake Whatcom strain. Kokanee from Meadow Creek, a tributary of Kootenay Lake, British Columbia were selected as an alternative stock. Matched pair releases of Lake Whatcom and Meadow Creek kokanee were made from Sherman Creek Hatchery in late June 2000 and repeated in 2001. Stock performance between Lake Whatcom and Meadow Creek kokanee was evaluated using three performance measures; (1) the number of returns to Sherman Creek, the primary egg collection facility, (2) the number of returns to other tributaries and (3) the number of returns to the creel. Kokanee were collected during five passes through the reservoir via electrofishing, which included 87 tributary mouths during the fall of 2000 and 2001. Chi-square analysis indicated age two Meadow Creek kokanee returned to Sherman Creek in significantly higher numbers when compared to the Whatcom stock in 2000 ({chi}{sup 2} = 736.6; d.f. = 1; P < 0.01) and 2001 ({chi}{sup 2} = 156.2; d.f. = 1; P < 0.01). Reservoir wide recoveries of age two kokanee had similar results in 2000 ({chi}{sup 2} = 735.3; d.f. = 1; P < 0.01) and 2001 ({chi}{sup 2} = 150.1; d.f. = 1; P < 0.01). Six Lake Whatcom and seven Meadow Creek three year olds were collected in 2001. The sample size of three year olds was too small for statistical analysis. No kokanee were collected during creel surveys in 2000, and two (age three kokanee) were collected in 2001. Neither of the hatchery kokanee collected were coded wire tagged, therefore stock could not be distinguished. After two years of monitoring, neither Meadow Creek or Lake Whatcom kokanee appear to be capable of providing a run of three-year-old spawners to sustain stocking efforts. The small number of

  4. Assessing the uncertainty of estimated annual totals of net ecosystem productivityAssessing the uncertainty of estimated annual totals of net ecosystem productivity: A practical approach applied to a mid latitude temperate pine forest

    NARCIS (Netherlands)

    Elbers, J.A.; Jacobs, C.M.J.; Kruijt, B.; Jans, W.W.P.; Moors, E.J.

    2011-01-01

    Values for annual NEP of micrometeorological tower sites are usually published without an estimate of associated uncertainties. Few authors quantify total uncertainty of annual NEP. Moreover, different methods to assess total uncertainty are applied, usually addressing only one aspect of the

  5. The role of composition, invasives, and maintenance emissions on urban forest carbon stocks.

    Science.gov (United States)

    Horn, Josh; Escobedo, Francisco J; Hinkle, Ross; Hostetler, Mark; Timilsina, Nilesh

    2015-02-01

    There are few field-based, empirical studies quantifying the effect of invasive trees and palms and maintenance-related carbon emissions on changes in urban forest carbon stocks. We estimated carbon (C) stock changes and tree maintenance-related C emissions in a subtropical urban forest by re-measuring a subsample of residential permanent plots during 2009 and 2011, using regional allometric biomass equations, and surveying residential homeowners near Orlando, FL, USA. The effect of native, non-native, invasive tree species and palms on C stocks and sequestration was also quantified. Findings show 17.8 tC/ha in stocks and 1.2 tC/ha/year of net sequestration. The most important species both by frequency of C stocks and sequestration were Quercus laurifolia Michx. and Quercus virginiana Mill., accounting for 20% of all the trees measured; 60% of carbon stocks and over 75% of net C sequestration. Palms contributed to less than 1% of the total C stocks. Natives comprised two-thirds of the tree population and sequestered 90% of all C, while invasive trees and palms accounted for 5 % of net C sequestration. Overall, invasive and exotic trees had a limited contribution to total C stocks and sequestration. Annual tree-related maintenance C emissions were 0.1% of total gross C sequestration. Plot-level tree, palm, and litter cover were correlated to C stocks and net sequestration. Findings can be used to complement existing urban forest C offset accounting and monitoring protocols and to better understand the role of invasive woody plants on urban ecosystem service provision.

  6. The Role of Composition, Invasives, and Maintenance Emissions on Urban Forest Carbon Stocks

    Science.gov (United States)

    Horn, Josh; Escobedo, Francisco J.; Hinkle, Ross; Hostetler, Mark; Timilsina, Nilesh

    2015-02-01

    There are few field-based, empirical studies quantifying the effect of invasive trees and palms and maintenance-related carbon emissions on changes in urban forest carbon stocks. We estimated carbon (C) stock changes and tree maintenance-related C emissions in a subtropical urban forest by re-measuring a subsample of residential permanent plots during 2009 and 2011, using regional allometric biomass equations, and surveying residential homeowners near Orlando, FL, USA. The effect of native, non-native, invasive tree species and palms on C stocks and sequestration was also quantified. Findings show 17.8 tC/ha in stocks and 1.2 tC/ha/year of net sequestration. The most important species both by frequency of C stocks and sequestration were Quercus laurifolia Michx. and Quercus virginiana Mill., accounting for 20 % of all the trees measured; 60 % of carbon stocks and over 75 % of net C sequestration. Palms contributed to less than 1 % of the total C stocks. Natives comprised two-thirds of the tree population and sequestered 90 % of all C, while invasive trees and palms accounted for 5 % of net C sequestration. Overall, invasive and exotic trees had a limited contribution to total C stocks and sequestration. Annual tree-related maintenance C emissions were 0.1 % of total gross C sequestration. Plot-level tree, palm, and litter cover were correlated to C stocks and net sequestration. Findings can be used to complement existing urban forest C offset accounting and monitoring protocols and to better understand the role of invasive woody plants on urban ecosystem service provision.

  7. 30 CFR 253.24 - When I submit audited annual financial statements to verify my net worth, what standards must...

    Science.gov (United States)

    2010-07-01

    ... misstatement, and (2) The audit was conducted in accordance with the generally accepted auditing standards (GAAS) of the United States, or other international auditing standards that MMS determines to be... statements to verify my net worth, what standards must they meet? 253.24 Section 253.24 Mineral Resources...

  8. Large Area Mapping of Boreal Growing Stock Volume on an Annual and Multi-Temporal Level Using PALSAR L-Band Backscatter Mosaics

    Directory of Open Access Journals (Sweden)

    Sebastian Wilhelm

    2014-08-01

    Full Text Available The forests of the Russian Taiga can be described as an enormous biomass and carbon reservoir. Therefore, they are of utmost importance for the global carbon cycle. Large-area forest inventories in these mostly remote regions are associated with logistical problems and high financial efforts. Remotely-sensed data from satellite platforms may have the capability to provide such huge amounts of information. This study presents an application-oriented approach to derive aboveground growing stock volume (GSV maps using the annual large-area L-band backscatter mosaics provided by the Japan Aerospace Exploration Agency (JAXA. Furthermore, a multi-temporal map has been created to improve GSV estimation accuracy. Based on information from Russian forest inventory data, the maps were generated using the machine learning algorithm, RandomForest. The results showed the high potential of this method for an operational, large-scale and high-resolution biomass estimation over boreal forests. An RMSE from 55.2 to 63.3 m3/ha could be obtained for the annual maps. Using the multi-temporal approach, the error could be slightly reduced to 54.4 m3/ha.

  9. Foodborne disease in Australia: incidence, notifications and outbreaks. Annual report of the OzFoodNet network, 2002.

    Science.gov (United States)

    2003-01-01

    In 2002, OzFoodNet continued to enhance surveillance of foodborne diseases across Australia. The OzFoodNet network expanded to cover all Australian states and territories in 2002. The National Centre for Epidemiology and Population Health together with OzFoodNet concluded a national survey of gastroenteritis, which found that there were 17.2 (95% C.I. 14.5-19.9) million cases of gastroenteritis each year in Australia. The credible range of gastroenteritis that may be due to food each year is between 4.0-6.9 million cases with a mid-point of 5.4 million. During 2002, there were 23,434 notifications of eight bacterial diseases that may have been foodborne, which was a 7.7 per cent increase over the mean of the previous four years. There were 14,716 cases of campylobacteriosis, 7,917 cases of salmonellosis, 505 cases of shigellosis, 99 cases of yersiniosis, 64 cases of typhoid, 62 cases of listeriosis, 58 cases of shiga toxin producing E. coli and 13 cases of haemolytic uraemic syndrome. OzFoodNet sites reported 92 foodborne disease outbreaks affecting 1,819 persons, of whom 5.6 per cent (103/1,819) were hospitalised and two people died. There was a wide range of foods implicated in these outbreaks and the most common agent was Salmonella Typhimurium. Sites reported two outbreaks with potential for international spread involving contaminated tahini from Egypt resulting in an outbreak of Salmonella Montevideo infection and an outbreak of suspected norovirus infection associated with imported Japanese oysters. In addition, there were three outbreaks associated with animal petting zoos or poultry hatching programs and 318 outbreaks of suspected person-to-person transmission. Sites conducted 100 investigations into clusters of gastrointestinal illness where a source could not be identified, including three multi-state outbreaks of salmonellosis. OzFoodNet identified important risk factors for foodborne disease infection, including: Salmonella infections due to chicken and

  10. The Predictability of Aggregate Stock Market Returns: Evidence Based on Glamour Stocks

    OpenAIRE

    Venkat R. Eleswarapu

    2004-01-01

    We find that annual excess returns on the stock market index are negatively related to the returns of glamour stocks in the previous 36-month period. In contrast, neither returns of value stocks nor aggregate stock market returns, purged of glamour stock effects, have any predictive power. In addition, the excess returns on the aggregate market are negatively skewed when the prior returns of glamour stocks are high. Finally, the inclusion of term premium, default premium, aggregate dividend y...

  11. Annual Performance of a Two-Speed, Dedicated Dehumidification Heat Pump in the NIST Net-Zero Energy Residential Test Facility.

    Science.gov (United States)

    Payne, W Vance

    2016-01-01

    A 2715 ft2 (252 m2), two story, residential home of the style typical of the Gaithersburg, Maryland area was constructed in 2012 to demonstrate technologies for net-zero energy (NZE) homes (or ZEH). The NIST Net-Zero Energy Residential Test Facility (NZERTF) functions as a laboratory to support the development and adoption of cost-effective NZE designs, technologies, construction methods, and building codes. The primary design goal was to meet the comfort and functional needs of the simulated occupants. The first annual test period began on July 1, 2013 and ended June 30, 2014. During the first year of operation, the home's annual energy consumption was 13039 kWh (4.8 kWh ft-2, 51.7 kWh m-2), and the 10.2 kW solar photovoltaic system generated an excess of 484 kWh. During this period the heating and air conditioning of the home was performed by a novel air-source heat pump that utilized a reheat heat exchanger to allow hot compressor discharge gas to reheat the supply air during a dedicated dehumidification mode. During dedicated dehumidification, room temperature air was supplied to the living space until the relative humidity setpoint of 50% was satisfied. The heat pump consumed a total of 6225 kWh (2.3 kWh ft-2, 24.7 kWh m-2) of electrical energy for cooling, heating, and dehumidification. Annual cooling efficiency was 10.1 Btu W-1h-1 (2.95 W W-1), relative to the rated SEER of the heat pump of 15.8 Btu W-1h-1 (4.63 W W-1). Annual heating efficiency was 7.10 Btu W-1h-1 (2.09 W W-1), compared with the unit's rated HSPF of 9.05 Btu W-1h-1 (2.65 W W-1). These field measured efficiency numbers include dedicated dehumidification operation and standby energy use for the year. Annual sensible heat ratio was approximately 70%. Standby energy consumption was 5.2 % and 3.5 % of the total electrical energy used for cooling and heating, respectively.

  12. Minimizing waste (off-cuts using cutting stock model: The case of one dimensional cutting stock problem in wood working industry

    Directory of Open Access Journals (Sweden)

    Gbemileke A. Ogunranti

    2016-09-01

    Full Text Available Purpose: The main objective of this study is to develop a model for solving the one dimensional cutting stock problem in the wood working industry, and develop a program for its implementation. Design/methodology/approach: This study adopts the pattern oriented approach in the formulation of the cutting stock model. A pattern generation algorithm was developed and coded using Visual basic.NET language. The cutting stock model developed is a Linear Programming (LP Model constrained by numerous feasible patterns. A LP solver was integrated with the pattern generation algorithm program to develop a one - dimensional cutting stock model application named GB Cutting Stock Program. Findings and Originality/value: Applying the model to a real life optimization problem significantly reduces material waste (off-cuts and minimizes the total stock used. The result yielded about 30.7% cost savings for company-I when the total stock materials used is compared with the former cutting plan. Also, to evaluate the efficiency of the application, Case I problem was solved using two top commercial 1D-cutting stock software.  The results show that the GB program performs better when related results were compared. Research limitations/implications: This study round up the linear programming solution for the number of pattern to cut. Practical implications: From Managerial perspective, implementing optimized cutting plans increases productivity by eliminating calculating errors and drastically reducing operator mistakes. Also, financial benefits that can annually amount to millions in cost savings can be achieved through significant material waste reduction. Originality/value: This paper developed a linear programming one dimensional cutting stock model based on a pattern generation algorithm to minimize waste in the wood working industry. To implement the model, the algorithm was coded using VisualBasic.net and linear programming solver called lpsolvedll (dynamic

  13. Kootenai River Fisheries Investigations; Stock Status of Burbot and Rainbow Trout and Fisheries Inventory, 1993 Annual Report.

    Energy Technology Data Exchange (ETDEWEB)

    Paragamian, Vaughin L.

    1994-03-01

    Seventeen burbot Lota lota were caught in the Kootenai River with two sizes of hoop nets baited with fish. One burbot was a recapture. Burbot catch from March 19 through May 10, 1993 averaged 0.03 fish/net/day. Total length ranged from 367 to 701 mm and weight from 369 to 2,610 g (mean = 916 g). Nearly all burbot were caught at Ambush Rock. Preliminary findings are that burbot abundance in the Kootenai River is substantially less than it was in the late 1970s. Rainbow trout Oncorhynchus mykiss and seven other species of fish were sampled in tributary streams of the Kootenai River. A single pass was made with a backpack electroshocker. Species diversity ranged from two found in Cascade Creek to eight each in Snow and Caribou creeks. Most streams were partially channelized in their lower reaches, and these segments were lower in species richness. Sculpins Cottus sp. were often the only species found in channelized segments. Trout were caught in all streams. Rainbow trout were the most abundant salmonid. Cutthroat trout 0. clarki numbers were highest in Cascade Creek. I estimated a total of 5,268 anglers fished 13,698 h ({+-} 3,913), for 129 h/km (n{+-} 36), from March through August 1993. Fisherman averaged 2.6 h/trip based on completed trip information. The estimated total angler catch was 5,937 fish ({+-} 3,395), of which 3,676 ({+-} 3,246) were kept. Angler effort for 1993 was similar to that of 1982. Angler harvest of rainbow trout was estimated at 700 fish ({+-} 873) and they averaged 276 mm total length. Mean catch rate for anglers fishing for rainbow trout was about 0.02 fish/h. Rainbow trout comprised 17% of the catch. Angler harvest of cutthroat trout was 105 fish ({+-} 118) at less than 0.01 fish/h and averaged 356 mm total length.

  14. EVALUATION OF FISH FAUNA STOCKS IN DAMS IN SOSSEGO MIME IN CANAÃ OF CARAJÁS (EASTERN AMAZON, CAPTURED WITH THE USE OF CAST NET BEFORE THE DEPOSIT OF TAILINGS

    Directory of Open Access Journals (Sweden)

    Ivan Furtado Junior

    2016-12-01

    Full Text Available This study aims to estimate the biomass of fish stocks in the area of the dam formed by tailings of Sossego mine in Canaã dos Carajás, captured with the use of cast nets for fish. The prospecting work was carried out during the period from 29 February to 6 March 2004, 6 months after closing the dam and immediately before the disposal of waste. The average values estimated for the capture per unit area covered by cast nets (CPUA and biomass were 8.4 g m-² and 16,922.7 kg, respectively. The most representative groups of fish were minnows, with 67.7% and discus with 24.8% of the total estimated biomass. The species caught were: Moenkhausia cf. sanctaefilomenae (redeye tetra fish, Tetragonopterus cf. argenteus (white tetra fish, Tetragonopterus chalceus (red tetra fish, Aequidens viridis (cichlasoma bimaculatum Crenicichla cincta (jacunda Hoplerythrinus unitaeniatus (jeju Curimata inornata (branquinha and Hoplias malabaricus (trahira. Keywords: fishing survey; yield per unit area; biomass; tailings dam.

  15. Modeling impacts of alternative practices on net global warming potential and greenhouse gas intensity from rice-wheat annual rotation in China.

    Directory of Open Access Journals (Sweden)

    Jinyang Wang

    Full Text Available BACKGROUND: Evaluating the net exchange of greenhouse gas (GHG emissions in conjunction with soil carbon sequestration may give a comprehensive insight on the role of agricultural production in global warming. MATERIALS AND METHODS: Measured data of methane (CH(4 and nitrous oxide (N(2O were utilized to test the applicability of the Denitrification and Decomposition (DNDC model to a winter wheat - single rice rotation system in southern China. Six alternative scenarios were simulated against the baseline scenario to evaluate their long-term (45-year impacts on net global warming potential (GWP and greenhouse gas intensity (GHGI. PRINCIPAL RESULTS: The simulated cumulative CH(4 emissions fell within the statistical deviation ranges of the field data, with the exception of N(2O emissions during rice-growing season and both gases from the control treatment. Sensitivity tests showed that both CH(4 and N(2O emissions were significantly affected by changes in both environmental factors and management practices. Compared with the baseline scenario, the long-term simulation had the following results: (1 high straw return and manure amendment scenarios greatly increased CH(4 emissions, while other scenarios had similar CH(4 emissions, (2 high inorganic N fertilizer increased N(2O emissions while manure amendment and reduced inorganic N fertilizer scenarios decreased N(2O emissions, (3 the mean annual soil organic carbon sequestration rates (SOCSR under manure amendment, high straw return, and no-tillage scenarios averaged 0.20 t C ha(-1 yr(-1, being greater than other scenarios, and (4 the reduced inorganic N fertilizer scenario produced the least N loss from the system, while all the scenarios produced comparable grain yields. CONCLUSIONS: In terms of net GWP and GHGI for the comprehensive assessment of climate change and crop production, reduced inorganic N fertilizer scenario followed by no-tillage scenario would be advocated for this specified

  16. Modeling Impacts of Alternative Practices on Net Global Warming Potential and Greenhouse Gas Intensity from Rice–Wheat Annual Rotation in China

    Science.gov (United States)

    Wang, Jinyang; Zhang, Xiaolin; Liu, Yinglie; Pan, Xiaojian; Liu, Pingli; Chen, Zhaozhi; Huang, Taiqing; Xiong, Zhengqin

    2012-01-01

    Background Evaluating the net exchange of greenhouse gas (GHG) emissions in conjunction with soil carbon sequestration may give a comprehensive insight on the role of agricultural production in global warming. Materials and Methods Measured data of methane (CH4) and nitrous oxide (N2O) were utilized to test the applicability of the Denitrification and Decomposition (DNDC) model to a winter wheat – single rice rotation system in southern China. Six alternative scenarios were simulated against the baseline scenario to evaluate their long-term (45-year) impacts on net global warming potential (GWP) and greenhouse gas intensity (GHGI). Principal Results The simulated cumulative CH4 emissions fell within the statistical deviation ranges of the field data, with the exception of N2O emissions during rice-growing season and both gases from the control treatment. Sensitivity tests showed that both CH4 and N2O emissions were significantly affected by changes in both environmental factors and management practices. Compared with the baseline scenario, the long-term simulation had the following results: (1) high straw return and manure amendment scenarios greatly increased CH4 emissions, while other scenarios had similar CH4 emissions, (2) high inorganic N fertilizer increased N2O emissions while manure amendment and reduced inorganic N fertilizer scenarios decreased N2O emissions, (3) the mean annual soil organic carbon sequestration rates (SOCSR) under manure amendment, high straw return, and no-tillage scenarios averaged 0.20 t C ha−1 yr−1, being greater than other scenarios, and (4) the reduced inorganic N fertilizer scenario produced the least N loss from the system, while all the scenarios produced comparable grain yields. Conclusions In terms of net GWP and GHGI for the comprehensive assessment of climate change and crop production, reduced inorganic N fertilizer scenario followed by no-tillage scenario would be advocated for this specified cropping system. PMID

  17. Investment Plans and Stock Returns

    OpenAIRE

    Owen Lamont

    1999-01-01

    Capital expenditure plans at the beginning of the year, from a US government survey of firms, explain more than three quarters of the variation in real annual aggregate investment growth between 1948 and 1993. The negative correlation of contemporaneous investment and stock returns is explained by the negative correlation of planned investment and subsequent stock returns. Unexpected revisions to aggregate investment (actual minus plan) within a year are essentially unrelated to current stock...

  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 plan....

  19. Geospatial assessment of long-term changes in carbon stocks and fluxes in forests of India (1930-2013)

    Science.gov (United States)

    Reddy, C. Sudhakar; Rakesh, F.; Jha, C. S.; Athira, K.; Singh, Sonali; Alekhya, V. V. L. Padma; Rajashekar, G.; Diwakar, P. G.; Dadhwal, V. K.

    2016-08-01

    The present study has estimated spatial distribution of biomass carbon density from satellite remote sensing data, historical archives and collateral data from 1930 to 2013. The spatial forest canopy density datasets for 1930, 1975, 1985, 1995, 2005 and 2013 were analysed to obtain biomass carbon pools at 5 km grid level. The overall loss of forest cover was 28% from 1930 to 2013. Analysis of change in the forest canopy density indicates that the dense forest cover reduced from 419,175 km2 in 1975 to 390,966 km2 in 2013. The total above ground biomass carbon stock of Indian forest was calculated as 3070.27 Tg C in 2013. Standing biomass carbon stocks varied significantly during different steps of time periods. There are a total 67,184 grid cells with loss of carbon stocks during 1930-1975 followed by 55,742 cells during 1975-1985. The annual carbon loss in the above ground biomass showed the highest decrease during the period of 1930 to 1975 and estimated as 2168.50 Tg C while the net annual loss of carbon is 48.19 Tg C. The maximum observed net annual loss of carbon stocks was 53.97 Tg C during 2005 to 2013. Carbon content for various states shows that maximum carbon stocks were stored in the forests of Arunachal Pradesh (11.27%) in 2013. State-wise change analysis indicates the highest loss of carbon stocks in Tripura (80.99%) from 1930 to 2013. Overall reduction in carbon stock in Indian forests has been estimated as 3079.98 Tg C (50.08%) from 1930 to 2013. The spatial characterization of distribution and changes in carbon stocks can provide useful information for planning and strategic management of resources and fulfilling global initiatives to conserve forest biodiversity.

  20. Stock Return Synchronicity and Analysts’ Forecast Properties

    Directory of Open Access Journals (Sweden)

    Joong-Seok Cho

    2016-12-01

    Full Text Available Using stock return synchronicity as a measure of a firm’s information environment, our research investigates how the firms’ stock return synchronicity affects analysts’ forecast properties for the accuracy and optimism of the analysts’ annual earnings forecasts. Stock return synchronicity represents the degree to which market and industry information explains firm-level stock return variations. A higher stock return synchronicity indicates the higher quality of a firm’s information environment, because a firm’s stock price reflects more market-level and industry-level information relative to firm-specific information. Our study shows that stock return synchronicity positively affects the forecast properties. Our finding shows that when stock return synchronicity is high, analysts’ annual earnings forecasts are more accurate and less optimistically biased.

  1. Effects of nitrogen application rates on net annual global warming potential and greenhouse gas intensity in double-rice cropping systems of the Southern China.

    Science.gov (United States)

    Chen, Zhongdu; Chen, Fu; Zhang, Hailin; Liu, Shengli

    2016-12-01

    The net global warming potential (NGWP) and net greenhouse gas intensity (NGHGI) of double-rice cropping systems are not well documented. We measured the NGWP and NGHGI including soil organic carbon (SOC) change and indirect emissions (IE) from double-crop rice fields with fertilizing systems in Southern China. These experiments with three different nitrogen (N) application rates since 2012 are as follows: 165 kgN ha -1 for early rice and 225 kgN ha -1 for late rice (N1), which was the local N application rates as the control; 135 kgN ha -1 for early rice and 180 kgN ha -1 for late rice (N2, 20 % reduction); and 105 kgN ha -1 for early rice and 135 kgN ha -1 for late rice (N3, 40 % reduction). Results showed that yields increased with the increase of N application rate, but without significant difference between N1 and N2 plots. Annual SOC sequestration rate under N1 was estimated to be 1.15 MgC ha -1  year -1 , which was higher than those under other fertilizing systems. Higher N application tended to increase CH 4 emissions during the flooded rice season and significantly increased N 2 O emissions from drained soils during the nonrice season, ranking as N1 > N2 > N3 with significant difference (P < 0.05). Two-year average IE has a huge contribution to GHG emissions mainly coming from the higher N inputs in the double-rice cropping system. Reducing N fertilizer usage can effectively decrease the NGWP and NGHGI in the double-rice cropping system, with the lowest NGHGI obtained in the N2 plot (0.99 kg CO 2 -eq kg -1 yield year -1 ). The results suggested that agricultural economic viability and GHG mitigation can be simultaneously achieved by properly reducing N fertilizer application in double-rice cropping systems.

  2. 47 CFR 65.303 - Cost of preferred stock.

    Science.gov (United States)

    2010-10-01

    ... 47 Telecommunication 3 2010-10-01 2010-10-01 false Cost of preferred stock. 65.303 Section 65.303... stock. The formula for determining the cost of preferred stock is: ER01JN95.001 Where: “Total Annual Preferred Dividends” is the total dividends on preferred stock for the most recent two years for all local...

  3. Stock Exchange

    Science.gov (United States)

    Silverman, Jerry Stuart

    1974-01-01

    Using play money, students buy and sell six types of stock certificates at prices determined periodically by tossing three dice; all students participate as investors, brokers, or banker. In addition to gaining practice on computational skills in a motivational game, students study the real stock market concurrently. (SD)

  4. Lake Roosevelt Fisheries Evaluation Program : Meadow Creek vs. Lake Whatcom Stock Kokanee Salmon Investigations in Lake Roosevelt Annual Report 2000-2001.

    Energy Technology Data Exchange (ETDEWEB)

    McLellan, Holly J.; Scholz, Allan T.

    2001-07-01

    Lake Roosevelt has been stocked with Whatcom stock kokanee since 1989 to mitigate for anadromous salmon losses caused by the construction of Grand Coulee Dam. The primary objective of the hatchery plantings was to create a self-sustaining recreational fishery. Due to low return numbers, it was hypothesized a native stock of kokanee might perform better than the coastal Whatcom strain. Therefore, kokanee from Meadow Creek, a tributary of Kootenay Lake, British Columbia were selected as an alternative stock. Matched pair releases of Whatcom stock and Meadow Creek kokanee were made from Sherman Creek in late June 2000. Stock performance between Lake Whatcom and Meadow Creek kokanee was evaluated through three performance measures (1) returns to Sherman Creek, the primary egg collection facility, (2) returns to other tributaries, indicating availability for angler harvest, and (3) returns to the creel. A secondary objective was to evaluate the numbers collected at downstream fish passage facilities. Age 2 kokanee were collected during five passes through the reservoir, which included 89 tributaries between August 17th and November 7th, 2000. Sherman Creek was sampled once a week because it was the primary egg collection location. A total of 2,789 age 2 kokanee were collected, in which 2,658 (95%) were collected at Sherman Creek. Chi-square analysis indicated the Meadow Creek kokanee returned to Sherman Creek in significantly higher numbers compared to the Whatcom stock ({chi}{sup 2} = 734.4; P < 0.01). Reservoir wide recoveries indicated similar results ({chi}{sup 2} = 733.1; P < 0.01). No age 2 kokanee were collected during creel surveys. Age 3 kokanee are expected to recruit to the creel in 2001. No age 2 kokanee were collected at the fish passage facilities due to a 170 mm size restriction at the fish passage centers. Age 3 kokanee are expected to be collected at the fish passage centers during 2001. Stock performance cannot be properly evaluated until 2001, when

  5. Effect of Stocking Density on Production of Clarias Gariepinus ...

    African Journals Online (AJOL)

    The African Catfish (Clarias gariepinus, Teugels) were reared at three different stocking densities in bamboo-net cages to evaluate the effects of stocking density on growth, survival rate and food conversion ratio. Three hundred (300) fish with a total weight of 1.8Kg were stocked at 25, 50 and 75 fish/ m3 cage with a mean ...

  6. Historic simulation of net ecosystem carbon balance for the Great Dismal Swamp

    Science.gov (United States)

    Sleeter, Rachel

    2017-01-01

    Estimating ecosystem carbon (C) balance relative to natural disturbances and land management strengthens our understanding of the benefits and tradeoffs of carbon sequestration. We conducted a historic model simulation of net ecosystem C balance in the Great Dismal Swamp, VA. for the 30-year time period of 1985-2015. The historic simulation of annual carbon flux was calculated with the Land Use and Carbon Scenario Simulator (LUCAS) model. The LUCAS model utilizes a state-and-transition simulation model coupled with a carbon stock-flow accounting model to estimate net ecosystem C balance, and long term sequestration rates under various ecological conditions and management strategies. The historic model simulation uses age-structured forest growth curves for four forest species, C stock and flow rates for 8 pools and 14 fluxes, and known data for disturbance and management. The annualized results of C biomass are provided in this data release in the following categories: Growth, Heterotrophic Respiration (Rh), Net Ecosystem Production (NEP), Net Biome Production (NBP), Below-ground Biomass (BGB) Stock, Above-ground Biomass (AGB) Stock, AGB Carbon Loss from Fire, BGB Carbon Loss from Fire, Deadwood Carbon Loss from Management, and Total Carbon Loss. The table also includes the area (annually) of each forest type in hectares: Atlantic white cedar Area (hectares); Cypress-gum Area (hectares); Maple-gum Area (hectares); Pond pine Area (hectares). Net ecosystem production for the Great Dismal Swamp (~ 54,000 ha), from 1985 to 2015 was estimated to be a net sink of 0.97 Tg C. When the hurricane and six historic fire events were modeled, the Great Dismal Swamp became a net source of 0.89 Tg C. The cumulative above and belowground C loss estimated from the South One in 2008 and Lateral West fire in 2011 totaled 1.70 Tg C, while management activities removed an additional 0.01 Tg C. The C loss in below-ground biomass alone totaled 1.38 Tg C, with the balance (0.31 Tg C

  7. Salmon stocks

    National Research Council Canada - National Science Library

    Walters, C; Korman, J

    1999-01-01

    The PFRCC, in this first report, intends to provide a broad species-by-species overview of stock status and trends for BC as a whole, as well as an overview of the relevant fisheries management issues...

  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. Aboveground carbon in Quebec forests: stock quantification at the provincial scale and assessment of temperature, precipitation and edaphic properties effects on the potential stand-level stocking

    Directory of Open Access Journals (Sweden)

    Louis Duchesne

    2016-03-01

    Full Text Available Biological carbon sequestration by forest ecosystems plays an important role in the net balance of greenhouse gases, acting as a carbon sink for anthropogenic CO2 emissions. Nevertheless, relatively little is known about the abiotic environmental factors (including climate that control carbon storage in temperate and boreal forests and consequently, about their potential response to climate changes. From a set of more than 94,000 forest inventory plots and a large set of spatial data on forest attributes interpreted from aerial photographs, we constructed a fine-resolution map (∼375 m of the current carbon stock in aboveground live biomass in the 435,000 km2 of managed forests in Quebec, Canada. Our analysis resulted in an area-weighted average aboveground carbon stock for productive forestland of 37.6 Mg ha−1, which is lower than commonly reported values for similar environment. Models capable of predicting the influence of mean annual temperature, annual precipitation, and soil physical environment on maximum stand-level aboveground carbon stock (MSAC were developed. These models were then used to project the future MSAC in response to climate change. Our results indicate that the MSAC was significantly related to both mean annual temperature and precipitation, or to the interaction of these variables, and suggest that Quebec’s managed forests MSAC may increase by 20% by 2041–2070 in response to climate change. Along with changes in climate, the natural disturbance regime and forest management practices will nevertheless largely drive future carbon stock at the landscape scale. Overall, our results allow accurate accounting of carbon stock in aboveground live tree biomass of Quebec’s forests, and provide a better understanding of possible feedbacks between climate change and carbon storage in temperate and boreal forests.

  10. Net Locality

    DEFF Research Database (Denmark)

    de Souza e Silva, Adriana Araujo; Gordon, Eric

    Provides an introduction to the new theory of Net Locality and the profound effect on individuals and societies when everything is located or locatable. Describes net locality as an emerging form of location awareness central to all aspects of digital media, from mobile phones, to Google Maps...... of emerging technologies, from GeoCities to GPS, Wi-Fi, Wiki Me, and Google Android....

  11. Net Neutrality

    DEFF Research Database (Denmark)

    Savin, Andrej

    2017-01-01

    Repealing “net neutrality” in the US will have no bearing on Internet freedom or security there or anywhere else.......Repealing “net neutrality” in the US will have no bearing on Internet freedom or security there or anywhere else....

  12. Estimating changes in Scottish soil carbon stocks using ECOSSE. II. Application

    OpenAIRE

    J. Smith; P. Gottschalk; J. Bellarby; S. Chapman; A. Lilly; W. Towers; J. Bell; K. Coleman; D. Nayak; M. Richards; J. Hillier; H. Flynn; Martin Wattenbach; M. Aitkenhead; J. Yeluripati

    2010-01-01

    In order to predict the response of carbon (C)-rich soils to external change, models are needed that accurately reflect the conditions of these soils. Here we present an example application of the new Estimation of Carbon in Organic Soils – Sequestration and Emissions (ECOSSE) model to estimate net change in soil C in response to changes in land use in Scotland. The ECOSSE estimate of annual change in soil C stocks for Scotland between 2000 and 2009 is –810 ± 89 kt yr–1, equivalent to 0.037 ±...

  13. 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.

  14. FY 1998 annual summary report on International Clean Energy Network Using Hydrogen Conversion (WE-NET) system technology. Subtask 2. Examination and promotion of measures to obtain international understanding and cooperation; 1998 nendo seika hokokusho. Suiso riyo kokusai clean energy system gijutsu (WE-NET) subtask 2 (kokusai kyoryoku shuishin no tame no chosa kento)

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1999-03-01

    Described herein are the results of examination and promotion of measures to obtain international understanding and cooperation, and examination and development of measures to promote international exchange of technical information, conducted in the FY 1998 continuously from the previous year, with the object to realize the International Clean Energy Network Using Hydrogen Conversion (WE-NET) project. In the FY 1998, the English version of the 1997 annual summary report was distributed to a total of about 150 overseas organizations. The WE-NET project activities were presented to the 12th World Hydrogen Energy Conference, International Joint Power Generation Conference held in 1998 by American Society of Mechanical Engineers, and 2nd International Symposium on Advanced Energy Conversion Systems and Related Technologies. For the examination and development of measures to promote international exchange of technical information, the contracting party of Japan for the Hydrogen Implementation Agreement with IEA has been shifted from the government of Japan to NEDO. NEDO has been representing Japan for various workshops on the tasks. The hydrogen projects conducted by Germany and USA were also surveyed. The WE-NET project homepage was opened in June, 1998. (NEDO)

  15. Upstream Passage, Spawning, and Stock Identification of Fall Chinook Salmon in the Snake River, 1992 : Annual Report FY 92-93.

    Energy Technology Data Exchange (ETDEWEB)

    Blankenship, H. Lee; Mendel, Glen Wesley

    1993-12-01

    This report summarizes the activities and results for the second year (1992) of a three year study. The goals of the study were as follows: (1) to determine the source (s) of interdam losses of adult fall chinook salmon between Ice Harbor Dam (IHR) and Lower Granite Dam (LGR), as well as upstream of LGR; (2) identify spawning locations upstream of LGR for calibration of aerial redd surveys, and to assist with redd habitat mapping and carcass recovery (for genetic stock profile analysis). Radio telemetry was used as the method of addressing project goals. Unmarked (not adipose clipped) adult fall chinook salmon were trapped and radio tagged at IHR and LGR dams as they ascended the Snake River during their spawning migration. They used aerial and ground mobile radio tracking to determine the movements of these fish. They examined movements of all radio tagged salmon upstream of LGR Dam. That provided us with a sample of 17 radio tagged fish tagged at IHR and 20 tagged at LGR. They estimate a combined fall back rate at LGR of 37.1% (13 fish). Another 10.8--13.5% were `lost` or prespawning mortalities. They identified two potential spawning locations that would not have been detected from the aerial spawning surveys. One site was upstream of Troy on the Grande Ronde River and the other was in the upper Snake River.

  16. Modelling daily to seasonal carbon fluxes and annual net ecosystem carbon balance of cereal grain-cropland using DailyDayCent: A model data comparison

    OpenAIRE

    Chabbi, Abad; Smith, Pete

    2018-01-01

    Croplands are important not only for food and fibre, but also for their global climate change mitigation and carbon (C) sequestration potentials. Measurements and modelling of daily C fluxes and annual C balance, which are needed for optimizing such global potentials in croplands, are difficult since many measurements, and the correct simulation of different ecosystem processes are needed. In the present study, a biogeochemical ecosystem model (DailyDayCent) was applied to simulate daily to s...

  17. Net profit flow per country from 1980 to 2009 : The long-term effects of foreign direct investment

    NARCIS (Netherlands)

    Akkermans, Dirk H.M.

    2017-01-01

    Aim of the paper The paper aims at describing and explaining net profit flows per country for the period 1980-2009. Net profit flows result from Foreign Direct Investment (FDI) stock and profit repatriation: inward stock creating a profit outflow and outward FDI stock a profit inflow. Profit flows,

  18. Grassland management impacts on soil carbon stocks: a new synthesis.

    Science.gov (United States)

    Conant, Richard T; Cerri, Carlos E P; Osborne, Brooke B; Paustian, Keith

    2017-03-01

    Grassland ecosystems cover a large portion of Earths' surface and contain substantial amounts of soil organic carbon. Previous work has established that these soil carbon stocks are sensitive to management and land use changes: grazing, species composition, and mineral nutrient availability can lead to losses or gains of soil carbon. Because of the large annual carbon fluxes into and out of grassland systems, there has been growing interest in how changes in management might shift the net balance of these flows, stemming losses from degrading grasslands or managing systems to increase soil carbon stocks (i.e., carbon sequestration). A synthesis published in 2001 assembled data from hundreds of studies to document soil carbon responses to changes in management. Here we present a new synthesis that has integrated data from the hundreds of studies published after our previous work. These new data largely confirm our earlier conclusions: improved grazing management, fertilization, sowing legumes and improved grass species, irrigation, and conversion from cultivation all tend to lead to increased soil C, at rates ranging from 0.105 to more than 1 Mg C·ha(-1) ·yr(-1) . The new data include assessment of three new management practices: fire, silvopastoralism, and reclamation, although these studies are limited in number. The main area in which the new data are contrary to our previous synthesis is in conversion from native vegetation to grassland, where we find that across the studies the average rate of soil carbon stock change is low and not significant. The data in this synthesis confirm that improving grassland management practices and conversion from cropland to grassland improve soil carbon stocks. © 2016 by the Ecological Society of America.

  19. The net effect: spanning diseases, crossing borders—highlights from the fourth triennial APCA conference and annual HPCA conference for palliative care

    Science.gov (United States)

    Downing, J; Namisango, E; Kiyange, F; Luyirika, E; Gwyther, L; Enarson, S; Kampi, J; Sithole, Z; Kemigisha-Ssali, E; Masclee, M; Mukasa, I

    2013-01-01

    The African Palliative Care Association (APCA) jointly hosted its triennial palliative care conference for Africa with the Hospice and Palliative Care Association of South Africa (HPCA) on 17–20 September 2013 in Johannesburg, South Africa. At the heart of the conference stood a common commitment to see patient care improved across the continent. The theme for the conference, ‘The Net Effect: Spanning Diseases, Crossing Borders’, reflected this joint vision and the drive to remember the ‘net effect’ of our work in palliative care—that is, the ultimate impact of the care that we provide for our patients and their families across the disease and age spectrum and across the borders of African countries. The conference, held in Johannesburg, brought together 471 delegates from 34 countries. The key themes and messages from the conference are encapsulated in ten ‘C’s of commitment to political will and support at the highest levels of governance; engaging national, regional, and international bodies; collaboration; diversity; palliative care for children; planning for human resources and capacity building; palliative care integration at all levels; developing an evidence base for palliative care in Africa; using new technologies; and improved quality of care. Participants found the conference to be a forum that challenged their understanding of the topics presented, as well as enlightening in terms of applying best practice in their own context. Delegates found a renewed commitment and passion for palliative care and related health interventions for children and adults with life-limiting and life-threatening illnesses within the region. This conference highlighted many of the developments in palliative care in the region and served as a unique opportunity to bring people together and serve as a lynchpin for palliative care provision and development in Africa. The delegates were united in the fact that together we can ‘span diseases,’ ‘cross borders

  20. RESTful NET

    CERN Document Server

    Flanders, Jon

    2008-01-01

    RESTful .NET is the first book that teaches Windows developers to build RESTful web services using the latest Microsoft tools. Written by Windows Communication Foundation (WFC) expert Jon Flanders, this hands-on tutorial demonstrates how you can use WCF and other components of the .NET 3.5 Framework to build, deploy and use REST-based web services in a variety of application scenarios. RESTful architecture offers a simpler approach to building web services than SOAP, SOA, and the cumbersome WS- stack. And WCF has proven to be a flexible technology for building distributed systems not necessa

  1. Lake Roosevelt Fisheries Evaluation Program; Evaluation of Limiting Factors for Stocked Kokanee and Rainbow Trout in Lake Roosevelt, Washington, 1999 Annual Report.

    Energy Technology Data Exchange (ETDEWEB)

    Baldwin, Casey; Polacek, Matt

    2009-03-01

    Hatchery supplementation of kokanee Oncorhynchus nerka and rainbow trout O. mykiss has been the primary mitigation provided by Bonneville Power Administration for loss of anadromous fish to the waters above Grand Coulee Dam (GCD). The hatchery program for rainbow trout has consistently met management goals and provided a substantial contribution to the fishery; however, spawner returns and creel survey results for kokanee have been below management goals. Our objective was to identify factors that limit limnetic fish production in Lake Roosevelt by evaluating abiotic conditions, food limitations, piscivory, and entrainment. Dissolved oxygen concentration was adequate throughout most of the year; however, levels dropped to near 6 mg/L in late July. For kokanee, warm water temperatures during mid-late summer limited their nocturnal distribution to 80-100 m in the lower section of the reservoir. Kokanee spawner length was consistently several centimeters longer than in other Pacific Northwest systems, and the relative weights of rainbow trout and large kokanee were comparable to national averages. Large bodied daphnia (> 1.7 mm) were present in the zooplankton community during all seasons indicating that top down effects were not limiting secondary productivity. Walleye Stizostedion vitreum were the primary piscivore of salmonids in 1998 and 1999. Burbot Lota lota smallmouth bass Micropterus dolomieui, and northern pikeminnow Ptychocheilus oregonensis preyed on salmonids to a lesser degree. Age 3 and 4 walleye were responsible for the majority (65%) of the total walleye consumption of salmonids. Bioenergetics modeling indicated that reservoir wide consumption by walleye could account for a 31-39% loss of stocked kokanee but only 6-12% of rainbow trout. Size at release was the primary reason for differential mortality rates due to predation. Entrainment ranged from 2% to 16% of the monthly abundance estimates of limnetic fish, and could account for 30% of total

  2. The impact of weather conditions on dynamics of Hylocomium splendens annual increment and net production in forest communities of forest-steppe zone in Khakassia

    Directory of Open Access Journals (Sweden)

    I. A. Goncharova

    2015-12-01

    Full Text Available Dynamics of annual increments of green moss Hylocomium splendens (Hedw. Schimp. in B.S.G. in the Khakassia forest-steppe zone has been studied. The values of the moss linear and phytomass increments were investigated in different habitats for 6 years. The aboveground annual production of the H. splendens in phytocenosis was estimated. Linear increments of the H. splendens growing under the tree canopy and opening between trees were not significantly different. Phytomass increments under the tree canopy are significantly higher than in the openings between trees. The density of moss mats, proportion between leaves and stems were calculated. It was revealed that climatic factors have a different degree and duration influence on the moss increments in different habitats. Linear increments of H. splendens in different habitats synchronously respond to weather factor changes. The air temperature was the most important at the beginning and the end of the vegetation period; the amount of precipitation was more important in the middle of the growth period. Phytomass increments of H. splendens in different habitats respond differently to influence of weather conditions. Phytomass increments under the tree canopy are not sensitive to air temperature, and more sensitive to precipitations in the middle of growth period than one of opening between trees. The specificity of the climatic factors’ influence on the biomass growth depends on habitat conditions.

  3. Petri Nets

    Indian Academy of Sciences (India)

    Associate Professor of. Computer Science and. Automation at the Indian. Institute of Science,. Bangalore. His research interests are broadly in the areas of stochastic modeling and scheduling methodologies for future factories; and object oriented modeling. GENERAL I ARTICLE. Petri Nets. 1. Overview and Foundations.

  4. Petri Nets

    Indian Academy of Sciences (India)

    Home; Journals; Resonance – Journal of Science Education; Volume 4; Issue 8. Petri Nets - Overview and Foundations. Y Narahari. General Article Volume 4 Issue 8 August 1999 pp ... Author Affiliations. Y Narahari1. Department ot Computer Science and Automation, Indian Institute of Science, Bangalore 560 012, India.

  5. National-scale estimation of changes in soil carbon stocks on agricultural lands.

    Science.gov (United States)

    Eve, Marlen D; Sperow, Mark; Paustian, Keith; Follett, Ronald F

    2002-01-01

    Average annual net change in soil carbon stocks under past and current management is needed as part of national reporting of greenhouse gas emissions and to evaluate the potential for soils as sinks to mitigate increasing atmospheric CO2. We estimated net soil C stock changes for US agricultural soils during the period from 1982 to 1997 using the IPCC (Intergovernmental Panel on Climate Change) method for greenhouse gas inventories. Land use data from the NRI (National Resources Inventory; USDA-NRCS) were used as input along with ancillary data sets on climate, soils, and agricultural management. Our results show that, overall, changes in land use and agricultural management have resulted in a net gain of 21.2 MMT C year(-1) in US agricultural soils during this period. Cropped lands account for 15.1 MMT C year(-1), while grazing land soil C increased 6.1 MMT C year(-1). The land use and management changes that have contributed the most to increasing soil C during this period are (1) adoption of conservation tillage practices on cropland, (2) enrollment of cropland in the Conservation Reserve Program, and (3) cropping intensification that has resulted in reduced use of bare fallow.

  6. A ranking of net national contributions to climate change mitigation through tropical forest conservation.

    Science.gov (United States)

    Carrasco, L R; Papworth, S K

    2014-12-15

    Deforestation in tropical regions causes 15% of global anthropogenic carbon emissions and reduces the mitigation potential of carbon sequestration services. A global market failure occurs as the value of many ecosystem services provided by forests is not recognised by the markets. Identifying the contribution of individual countries to tropical carbon stocks and sequestration might help identify responsibilities and facilitate debate towards the correction of the market failure through international payments for ecosystem services. We compare and rank tropical countries' contributions by estimating carbon sequestration services vs. emissions disservices. The annual value of tropical carbon sequestration services in 2010 from 88 tropical countries was estimated to range from $2.8 to $30.7 billion, using market and social prices of carbon respectively. Democratic Republic of Congo, India and Sudan contribute the highest net carbon sequestration, whereas Brazil, Nigeria and Indonesia are the highest net emitters. Copyright © 2014 Elsevier Ltd. All rights reserved.

  7. Annual net ecosystem exchanges of carbon dioxide and methane from a temperate brackish marsh: should the focus of marsh restoration be on brackish environments?

    Science.gov (United States)

    Windham-Myers, L.; Anderson, F. E.; Bergamaschi, B. A.; Ferner, M. C.; Schile, L. M.; Spinelli, G.

    2015-12-01

    The exchange and transport of carbon in tidally driven, saline marsh ecosystems provide habitat and trophic support for coastal wildlife and fisheries, while potentially accumulating and storing carbon at some of the highest rates compared to other ecosystems. However, due to the predicted rise in sea level over the next century, the preservation and restoration of estuarine habitats is necessary to compensate for their expected decline. In addition, restoration of these marsh systems can also reduce the impacts of global climate change as they assimilate as much carbon as their freshwater counterparts, while emitting less methane due to the higher concentrations of sulfate in seawater. Unfortunately, in brackish marshes, with salinity concentrations less than 18 parts per thousand (ppt), simple relationships between methane production, salinity and sulfate concentrations are not well known. Here we present the net ecosystem exchange (NEE) of carbon dioxide and methane, as calculated by the eddy covariance method, from a brackish marsh ecosystem in the San Francisco Estuary where salinity ranges from oligohaline (0.5-5 ppt) to mesohaline (5-18 ppt) conditions. Daily rates of carbon dioxide and methane NEE ranged from approximately 10 gC-CO2 m-2 d-1 and 0 mgC-CH4 m-2 d-1, during the winter to -15 gC-CO2 m-2 d-1 and 30 mgC-CH4 m-2 d-1, in the summer growing season. A comparison between similar measurements made from freshwater wetlands in the Sacramento-San Joaquin Delta found that the daily rates of carbon dioxide NEE were similar, but daily rates of methane NEE were just a small fraction (0-15%). Our research also shows that the daily fluxes of carbon dioxide and methane at the brackish marsh were highly variable and may be influenced by the tidal exchanges of seawater. Furthermore, the observed decline in methane production from summer to fall may have resulted from a rise in salinity and/or a seasonal decline in water and air temperatures. Our research goals are

  8. Understanding Net Zero Energy Buildings

    DEFF Research Database (Denmark)

    Salom, Jaume; Widén, Joakim; Candanedo, José

    2011-01-01

    Although several alternative definitions exist, a Net-Zero Energy Building (Net ZEB) can be succinctly described as a grid-connected building that generates as much energy as it uses over a year. The “net-zero” balance is attained by applying energy conservation and efficiency measures...... and by incorporating renewable energy systems. While based on annual balances, a complete description of a Net ZEB requires examining the system at smaller time-scales. This assessment should address: (a) the relationship between power generation and building loads and (b) the resulting interaction with the power grid....... This paper presents and categorizes quantitative indicators suitable to describe both aspects of the building’s performance. These indicators, named LMGI - Load Matching and Grid Interaction indicators, are easily quantifiable and could complement the output variables of existing building simulation tools...

  9. Spokane Tribal Hatchery, 2005 Annual Report.

    Energy Technology Data Exchange (ETDEWEB)

    Peone, Tim L. (Spokane Tribe of Indians, Wellpinit, WA)

    2006-03-01

    Due to the construction and operation of Grand Coulee Dam (1939), anadromous salmon have been eradicated and resident fish populations permanently altered in the upper Columbia River region. Federal and private hydropower dam operations throughout the Columbia River system severely limits indigenous fish populations in the upper Columbia. Artificial production has been determined appropriate for supporting harvestable fisheries for kokanee salmon (Oncorhynchus nerka) and rainbow trout (Oncorhynchus mykiss) in Lake Roosevelt and Banks Lake (Grand Coulee Dam impoundments). The Spokane Tribe, Washington Department of Fish and Wildlife, Colville Confederated Tribes and Lake Roosevelt Development Association/Lake Roosevelt Volunteer Net Pen Project are cooperating in a comprehensive artificial production program to produce kokanee salmon (Oncorhynchus nerka) and rainbow trout (Oncorhynchus mykiss) for annual releases into the project area. The program consists of the Spokane Tribal Hatchery, Sherman Creek Hatchery, Ford Trout Hatchery and Lake Roosevelt Rainbow Trout Net Pen Rearing Projects. The Lake Roosevelt and Banks Lake Fisheries Evaluation Program monitor and evaluates release strategies and production methods for the aforementioned projects. Between 1985 and 2005 the projects have collectively produced up to 800,000 rainbow trout and 4 million kokanee salmon for release into Lake Roosevelt and 1.4 million kokanee fry for Banks Lake annually. In 2005, the annual release goal included 3.3 million kokanee fry, 475,000 kokanee yearlings and 500,000 rainbow trout yearlings. Fish produced by this project in 2005 to meet collective fish production and release goals included: 3,446,438 kokanee fingerlings, 347,730 rainbow trout fingerlings and 525,721 kokanee yearlings. Kokanee yearlings were adipose fin clipped before release. Stock composition consisted of Meadow Creek and Lake Whatcom kokanee, diploid-triploid Spokane Trout Hatchery (McCloud River) rainbow trout and

  10. Forest carbon stocks and fluxes in physiographic zones of India

    Directory of Open Access Journals (Sweden)

    Sheikh Mehraj A

    2011-12-01

    Full Text Available Abstract Background Reducing carbon Emissions from Deforestation and Degradation (REDD+ is of central importance to combat climate change. Foremost among the challenges is quantifying nation's carbon emissions from deforestation and degradation, which requires information on forest carbon storage. Here we estimated carbon storage in India's forest biomass for the years 2003, 2005 and 2007 and the net flux caused by deforestation and degradation, between two assessment periods i.e., Assessment Period first (ASP I, 2003-2005 and Assessment Period second (ASP II, 2005-2007. Results The total estimated carbon stock in India's forest biomass varied from 3325 to 3161 Mt during the years 2003 to 2007 respectively. There was a net flux of 372 Mt of CO2 in ASP I and 288 Mt of CO2 in ASP II, with an annual emission of 186 and 114 Mt of CO2 respectively. The carbon stock in India's forest biomass decreased continuously from 2003 onwards, despite slight increase in forest cover. The rate of carbon loss from the forest biomass in ASP II has dropped by 38.27% compared to ASP I. Conclusion With the Copenhagen Accord, India along with other BASIC countries China, Brazil and South Africa is voluntarily going to cut emissions. India will voluntary reduce the emission intensity of its GDP by 20-25% by 2020 in comparison to 2005 level, activities like REDD+ can provide a relatively cost-effective way of offsetting emissions, either by increasing the removals of greenhouse gases from the atmosphere by afforestation programmes, managing forests, or by reducing emissions through deforestation and degradation.

  11. 78 FR 3399 - Draft 2012 Marine Mammal Stock Assessment Reports

    Science.gov (United States)

    2013-01-16

    ... and trends, estimates of annual human-caused mortality and serious injury from all sources... northeast sink gillnet serious injury and mortality estimates for several Atlantic marine mammal stocks...; Atlantic white-sided dolphin, western North Atlantic stock; and harbor porpoise, Gulf of Maine/Bay of Fundy...

  12. Electric power annual 1994. Volume 2, Operational and financial data

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1995-11-28

    This year, the annual is published in two volumes. Volume I focused on US electric utilities and contained final 1994 data on net generation, fossil fuel consumption, stocks, receipts, and cost. This Volume II presents annual 1994 summary statistics for the electric power industry, including information on both electric utilities and nonutility power producers. Included are preliminary data for electric utility retail sales of electricity, associated revenue, and average revenue per kilowatthour of electricity sold (based on form EIA-861) and for electric utility financial statistics, environmental statistics, power transactions, and demand- side management. Final 1994 data for US nonutility power producers on installed capacity and gross generation, as well as supply and disposition information, are also provided in Volume II. Technical notes and a glossary are included.

  13. Stock Splits and Stock Dividends: Why, Who, and When.

    OpenAIRE

    Lakonishok, Josef; Lev, Baruch

    1987-01-01

    This study investigates empirically why firms split their stock or distribute stock dividends and why the market reacts favorably to these distributions. The findings suggest that stock splits are mainly aimed at restoring stock prices to a "normal range." Some support can also be found for the oft-mentioned signaling motive of stock splits. Stock dividends are altogether different from stock splits and they appear to be a decreasing phenomenon. The clue to stock dividend distributions may li...

  14. Shifts in relative stocking of common tree species in Kentucky from 1975 to 2004

    Science.gov (United States)

    Christopher M. Oswalt; Jeffrey A. Stringer; Jeffery A. Turner

    2008-01-01

    Changes in species-specific relative stocking indicate the extent to which a species is either increasing or decreasing in a particular system. Changes in relative stocking values of common tree species in Kentucky from 1988 to 2004 were compared to values calculated for 1975 to 1988. Mean annual increase in relative stocking between 1988 and 2004 was greatest for...

  15. 7 CFR 205.204 - Seeds and planting stock practice standard.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 3 2010-01-01 2010-01-01 false Seeds and planting stock practice standard. 205.204... Requirements § 205.204 Seeds and planting stock practice standard. (a) The producer must use organically grown seeds, annual seedlings, and planting stock: Except, That, (1) Nonorganically produced, untreated seeds...

  16. A Decision Support System For Assisting With Stocking Rate Decisions During And Following Drought

    Science.gov (United States)

    Ranchers and range managers in the West are at the mercy of climatic conditions that determine the amount of annual forge available on rangeland. Typically, stocking or de-stocking decisions need to be made before the final forage production level is known. Erroneous stocking rate decisions can have...

  17. 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…

  18. Predictability of Stock Returns

    Directory of Open Access Journals (Sweden)

    Ahmet Sekreter

    2017-06-01

    Full Text Available Predictability of stock returns has been shown by empirical studies over time. This article collects the most important theories on forecasting stock returns and investigates the factors that affecting behavior of the stocks’ prices and the market as a whole. Estimation of the factors and the way of estimation are the key issues of predictability of stock returns.

  19. Effects of net hapa on the survival of Clarias gariepinus (Burchell ...

    African Journals Online (AJOL)

    The effects of net hapa on the survival of fry from diffe rent brood stock sizes of Clarias gariepinus (Burchell 1822) was investigated in indoor aquaria for five weeks. Net hapa was incorporated to facilitate the separation of hatch lings from unhatched eggs and shells. The use of incubating net hapa with kakabans inside did ...

  20. Taxation, Transfer Income and Stock Market Participation

    DEFF Research Database (Denmark)

    Fischer, Marcel; Astrup Jensen, Bjarne

    We study a redistributive tax system that taxes income and redistributes tax revenues in such a way that relatively rich agents are net contributors to relatively poor agents. The closed-form solution of our model allows two main conclusions: (i) Despite ongoing transfers, wealth levels are not h......We study a redistributive tax system that taxes income and redistributes tax revenues in such a way that relatively rich agents are net contributors to relatively poor agents. The closed-form solution of our model allows two main conclusions: (i) Despite ongoing transfers, wealth levels...... are not harmonized because poorer agents mainly use their transfer income to finance present consumption. (ii) Since the evolution of the economy determines both the level of tax revenues and the evolution of the stock market, transfer income is subject to stock market risk. Hence, poorer agents optimally reduce...

  1. Stocks of organic carbon in Estonian soils

    Directory of Open Access Journals (Sweden)

    Kõlli, Raimo

    2009-06-01

    Full Text Available The soil organic carbon (SOC stocks (Mg ha–1 ofautomorphic mineral (9 soil groups, hydromorphic mineral (7, and lowland organic soils (4 are given for the soil cover or solum layer as a whole and also for its epipedon (topsoil layer. The SOC stocks for forest, arable lands, and grasslands and for the entire Estonian soil cover were calculated on the basis of the mean SOC stock and distribution area of the respective soil type. In the Estonian soil cover (42 400 km2, a total of 593.8 ± 36.9 Tg of SOC is retained, with 64.9% (385.3 ± 27.5 Tg in the epipedon layer (O, H, and A horizons and 35.1% in the subsoil (B and E horizons. The pedo-ecological regularities of SOC retention in soils are analysed against the background of the Estonian soil ordination net.

  2. Stock Performance of Socially Responsible Companies

    Directory of Open Access Journals (Sweden)

    Huang Tzu-Man

    2016-12-01

    Full Text Available Every year Corporate Responsibility Magazine selects and ranks 100 companies on the basis of their corporate social responsibility. This study investigates the stock performance of socially responsible companies in the U.S. The monthly stock returns for these companies are analyzed and compared with the market performance, with the S&P 500 index designated as a proxy for the market. The empirical evidence suggests that these 100 companies outperform the market in their monthly stock returns. We also narrow down the number of companies selected to the top 75, 50, 25, and 10 firms. As we narrow down the companies selected, the difference between their returns and the market returns also narrows. In other words, a portfolio that includes all top 100 companies provides the best stock performance. We extend the analysis to long-term annual stock performance. We find that these socially responsible companies′ annual returns are higher than the market returns for up to seven years after they are listed. We also conduct the same analysis on the top 75, 50, 25, and 10 firms, respectively. Similarly, the larger the number of these top 100 companies, the greater the tendency to generate higher annual returns. We suspect that because the difference between the socially responsible companies′ average returns and the market returns is not dramatic, with a bigger population and thus a larger sample size, the difference becomes more significant. However, in practice, transaction costs must be considered. This study is limited in that it does not consider transaction costs. Nevertheless, we hope to shed some light on the issue of socially responsible companies′ stock performance to encourage companies to start thinking about the importance of corporate social responsibility.

  3. Minimizing waste (off-cuts) using cutting stock model: The case of one dimensional cutting stock problem in wood working industry

    OpenAIRE

    Ogunranti, Gbemileke A.; Oluleye, Ayodeji E.

    2016-01-01

    Purpose: The main objective of this study is to develop a model for solving the one dimensional cutting stock problem in the wood working industry, and develop a program for its implementation. Design/methodology/approach: This study adopts the pattern oriented approach in the formulation of the cutting stock model. A pattern generation algorithm was developed and coded using Visual basic.NET language. The cutting stock model developed is a Linear Programming (LP) Model constrained by num...

  4. The Effects of Asset Management and Profitability on Stock Returns: A Comparative Study between Conventional and Islamic Stock Markets in Indonesia

    Directory of Open Access Journals (Sweden)

    Shelly Midesia

    2016-09-01

    Full Text Available This study aims at empirically examining whether there are differences in stock returns between conventional and Islamic stock returns In Indonesia for the period 2010-2013. This study also attempts to explore the effect of asset management and profitability both stock returns in Indonesia. Annual pooled data gathered from the annual financial reports of 100 conventional and Islamic stock returns, which were published by the Indonesian Stock Exchange from 2010 to 2013 were used and analyzed by using the independent t-test and panel multivariate regression analysis. The result shows that there was no difference in stock returns between the conventional and Islamic stock markets. Additionally, the study documents that only profitability, which is measured by market ratio, was found to have an influence on the conventional stock markets. Meanwhile, as for Islamic stock market, only management of assets was found to have a significant effect on the stock return. These findings imply that investors who are investing in both Islamic and conventional markets would gain similar returns. However, in predicting and stabilizing the stock markets, both investors and policy makers should focus on the profitability for the conventional and management of assets for the Islamic stock market.

  5. Towards sustainable fisheries of the Öresund cod (Gadus morhua) through sub-stock-specific assessment and management recommendations

    DEFF Research Database (Denmark)

    Lindegren, Martin; Waldo, Staffan; Nilsson, P. Anders

    2013-01-01

    elements. Atlantic cod (Gadus morhua) frequently occurs in spatially segregated populations, some of which exhibit fine-scaled stock structuring within current management boundaries. Here we use the locally spawning cod stock in the Sound (“Öresund”) as a case study, and perform a sub......Fisheries management traditionally relies on stock assessments assuming discrete populations within large administrational areas. However, failing to account for sub-stock structuring may result in overestimation of the stocks' true harvest potential and unsustainable exploitation of small stock......-term net benefits to the local gill-net fishery. Furthermore, our study emphasizes the need for developing sub-stock-specific management recommendations in order to ensure the maintenance of fisheries resources in general, and the persistence of sub-stock structuring in particular....

  6. CONTAGIOUS EFFECTS OF OIL PRICES ON ASIAN STOCK MARKETS’ BEHAVIOUR

    Directory of Open Access Journals (Sweden)

    Jok-Tong Wan

    2016-05-01

    Full Text Available The main objective of this study is to examine the stock markets’ shock due to the effect of the price of oil in the East Asia Region. Particularly, this study examines if there is stock market interdependence during global oil price shocks (sudden changes for a sample of five total oil importers (the Philippines, Hong Kong SAR, Taiwan, South Korea, and Japan, four net oil importers (Indonesia, Singapore, Thailand, and China, and one net oil exporter (Malaysia between 1999 and 2014. From the result, an oil price change is collectively found to have a small but significant positive impact on the stock markets, in particular where a sudden decrease in oil prices tends to cause a stock market downturn and volatility. The world economy’s spending, financial investments in oil futures and foreign investment by oil rich nations are some underlying motives for inducing this oil-stock positive relation. The same direction of time-varying conditional correlations is found across East Asian stock markets during negative oil price shocks. The integration among East Asian stock markets is inducing the oil shock contagion to be transmitted from direct oil-affected countries (South Korea, Hong Kong, and Singapore to non-direct oil affected countries’ (Japan and Taiwan stock markets. In spite of a long practiced ASEAN+3 macroeconomics surveillance process and Early Warning System (EWS which can be customized for stock markets to prevent or detect the oil risk, hedging against initial oil-affected stock markets and a stronger influence by the East Asian countries in the global world of oil and capital investment are strongly suggested.

  7. Using lidar data and a height-structured ecosystem model to estimate forest carbon stocks and fluxes over mountainous terrain

    Energy Technology Data Exchange (ETDEWEB)

    Thomas, R.Q.; Hurtt, G.C.; Schilz, M.H. [New Hampshire Univ., Durham, NH (United States). Dept. of Natural Resources, Inst. for the Study of Earth Oceans; Dubayah, R. [Maryland Univ., College Park, MD (United States). Dept. of Geography

    2008-07-01

    The exchange of carbon between forest ecosystems and the atmosphere should be accurately predicted in order to determine energy flow into forested landscapes. The current state of ecosystems and the underlying processes and environmental conditions that influence the ecosystem processes must be well understood to predict forest dynamics and associated carbon fluxes. This study investigated the patterns of aboveground carbon stocks and fluxes at the Hubbard Brook Experimental Forest (HBEF) in the White Mountains of new Hampshire. The highly varied forest structure in this mountainous ecosystem is due to patterns in climate, soil characteristics, natural disturbance regimes and historical land use. The purpose of this study was to use data on vegetation structure to improve model estimates over mountainous terrain and to assess how model predictions depend on data of vegetation structure and underlying environmental and disturbance heterogeneity. The researchers used a combination of light detection and ranging (lidar) remote sensing (LVIS), an individual-based height-structured ecosystem model (ED), and detailed topographic and climate data. Lidar data provided substantial constraints on model estimates of carbon stocks and annual net ecosystem production (ANEP). Lidar-initialized model estimates of carbon stocks were within 5 per cent of the field estimates and accounted for a 44 per cent decrease in carbon stocks observed between minimum and maximum elevation at HBEF. Lidar-initialized model estimates of ANEP were in good agreement with recent field estimates. The study showed that a combination of lidar data and a height-structured ecosystem model can be a powerful tool for estimating forest carbon stocks and fluxes, even in complex mountainous environments. The study identified an important spatial scale for combining data on vegetation structure and models, notably the scale at which heterogeneity in environmental factors influences plant vital rates and other

  8. NASA Net Zero Energy Buildings Roadmap

    Energy Technology Data Exchange (ETDEWEB)

    Pless, S.; Scheib, J.; Torcellini, P.; Hendron, B.; Slovensky, M.

    2014-10-01

    In preparation for the time-phased net zero energy requirement for new federal buildings starting in 2020, set forth in Executive Order 13514, NASA requested that the National Renewable Energy Laboratory (NREL) to develop a roadmap for NASA's compliance. NASA detailed a Statement of Work that requested information on strategic, organizational, and tactical aspects of net zero energy buildings. In response, this document presents a high-level approach to net zero energy planning, design, construction, and operations, based on NREL's first-hand experience procuring net zero energy construction, and based on NREL and other industry research on net zero energy feasibility. The strategic approach to net zero energy starts with an interpretation of the executive order language relating to net zero energy. Specifically, this roadmap defines a net zero energy acquisition process as one that sets an aggressive energy use intensity goal for the building in project planning, meets the reduced demand goal through energy efficiency strategies and technologies, then adds renewable energy in a prioritized manner, using building-associated, emission- free sources first, to offset the annual energy use required at the building; the net zero energy process extends through the life of the building, requiring a balance of energy use and production in each calendar year.

  9. The Effect of Stocking Density on the Performance of the Seaweed ...

    African Journals Online (AJOL)

    The seaweed biofilter Ulva reticulata was grown at two stocking densities (1 and 3 kg m-2) in a low cost integrated system in Zanzibar, Tanzania. The seaweed was stocked in 2 m2 cages made of 1 inch netting material placed at the outflow of fish ponds. Control seaweed was grown at the fish pond inflow channel.

  10. Using an experimental manipulation to determine the effectiveness of a stock enhancement program

    Science.gov (United States)

    Stewart, David R.; Long, James M.

    2015-01-01

    We used an experimental manipulation to determine the impact of stocking 178 mm channel catfish Ictalurus punctatus in six impoundments. The study design consisted of equal numbers (two) of control, ceased-stock, and stocked treatments that were sampled one year before and two years after stocking. Relative abundance, growth, size structure, and average weight significantly changed over time based on samples collected with hoop nets. Catch rates decreased at both ceased-stock lakes and increased for one stocked lake, while growth rates changed for at least one ceased-stock and stocked lake. The average weight of channel catfish in the ceased-stock treatment increased by 6% and 25%, whereas weight decreased by 28% and 78% in both stocked lakes. The variability in observed responses between lakes in both ceased-stock and stocked treatments indicates that a one-size-fits-all stocking agenda is impractical, suggesting lake specific and density-dependent mechanisms affect channel catfish population dynamics.

  11. Transparency and stock price volatility: european evidence

    OpenAIRE

    Vieira, Elisabete F. Simões; Pinho, Joaquim Carlos da Costa

    2007-01-01

    This paper studies the key determinants of the information transparency and its consequences for the market, namely in what concerns the stock price volatility, analysing the disclosure practices of two European countries. A transparency and a volatility model are applied. Based on annual reports information, we could not find any significant relationship between transparency and volatility. However, considering the quarterly reports, we find a negative relation between these variables for th...

  12. Portfolio theory as a management tool to guide conservation and restoration of multi-stock fish populations

    Science.gov (United States)

    DuFour, Mark R.; May, Cassandra J.; Roseman, Edward F.; Ludsin, Stuart A.; Vandergoot, Christopher S.; Pritt, Jeremy J.; Fraker, Michael E.; Davis, Jeremiah J.; Tyson, Jeffery T.; Miner, Jeffery G.; Marschall, Elizabeth A.; Mayer, Christine M.

    2015-01-01

    Habitat degradation and harvest have upset the natural buffering mechanism (i.e., portfolio effects) of many large-scale multi-stock fisheries by reducing spawning stock diversity that is vital for generating population stability and resilience. The application of portfolio theory offers a means to guide management activities by quantifying the importance of multi-stock dynamics and suggesting conservation and restoration strategies to improve naturally occurring portfolio effects. Our application of portfolio theory to Lake Erie Sander vitreus (walleye), a large population that is supported by riverine and open-lake reef spawning stocks, has shown that portfolio effects generated by annual inter-stock larval fish production are currently suboptimal when compared to potential buffering capacity. Reduced production from riverine stocks has resulted in a single open-lake reef stock dominating larval production, and in turn, high inter-annual recruitment variability during recent years. Our analyses have shown (1) a weak average correlation between annual river and reef larval production (ρ̄ = 0.24), suggesting that a natural buffering capacity exists in the population, and (2) expanded annual production of larvae (potential recruits) from riverine stocks could stabilize the fishery by dampening inter-annual recruitment variation. Ultimately, our results demonstrate how portfolio theory can be used to quantify the importance of spawning stock diversity and guide management on ecologically relevant scales (i.e., spawning stocks) leading to greater stability and resilience of multi-stock populations and fisheries.

  13. NA-NET numerical analysis net

    Energy Technology Data Exchange (ETDEWEB)

    Dongarra, J. [Tennessee Univ., Knoxville, TN (United States). Dept. of Computer Science]|[Oak Ridge National Lab., TN (United States); Rosener, B. [Tennessee Univ., Knoxville, TN (United States). Dept. of Computer Science

    1991-12-01

    This report describes a facility called NA-NET created to allow numerical analysts (na) an easy method of communicating with one another. The main advantage of the NA-NET is uniformity of addressing. All mail is addressed to the Internet host ``na-net.ornl.gov`` at Oak Ridge National Laboratory. Hence, members of the NA-NET do not need to remember complicated addresses or even where a member is currently located. As long as moving members change their e-mail address in the NA-NET everything works smoothly. The NA-NET system is currently located at Oak Ridge National Laboratory. It is running on the same machine that serves netlib. Netlib is a separate facility that distributes mathematical software via electronic mail. For more information on netlib consult, or send the one-line message ``send index`` to netlib{at}ornl.gov. The following report describes the current NA-NET system from both a user`s perspective and from an implementation perspective. Currently, there are over 2100 members in the NA-NET. An average of 110 mail messages pass through this facility daily.

  14. NA-NET numerical analysis net

    Energy Technology Data Exchange (ETDEWEB)

    Dongarra, J. (Tennessee Univ., Knoxville, TN (United States). Dept. of Computer Science Oak Ridge National Lab., TN (United States)); Rosener, B. (Tennessee Univ., Knoxville, TN (United States). Dept. of Computer Science)

    1991-12-01

    This report describes a facility called NA-NET created to allow numerical analysts (na) an easy method of communicating with one another. The main advantage of the NA-NET is uniformity of addressing. All mail is addressed to the Internet host na-net.ornl.gov'' at Oak Ridge National Laboratory. Hence, members of the NA-NET do not need to remember complicated addresses or even where a member is currently located. As long as moving members change their e-mail address in the NA-NET everything works smoothly. The NA-NET system is currently located at Oak Ridge National Laboratory. It is running on the same machine that serves netlib. Netlib is a separate facility that distributes mathematical software via electronic mail. For more information on netlib consult, or send the one-line message send index'' to netlib{at}ornl.gov. The following report describes the current NA-NET system from both a user's perspective and from an implementation perspective. Currently, there are over 2100 members in the NA-NET. An average of 110 mail messages pass through this facility daily.

  15. Natural Hazards, Stock Depletion, and Stock Management in the Southern Gulf of Mexico Pink Shrimp Fishery

    OpenAIRE

    Arreguín Sánchez, Francisco; Ramírez Rodríguez, Mauricio; Zetina Rejón, Manuel Jesús; Cruz Escalona, Víctor Hugo

    2008-01-01

    The southern Gulf of México has historically sustained important fisheries, particularly shrimp. From the mid-I950s to earl 1970s, annual yields of shrimp averaged about 27,000 rnetric tons (rnt), of which the pink shrirnp Farfantepenaeus duorarum contributed more than 80%. At that time, three fleets, from the United States, Cuba, and Mexico, exploited the stock. Pinj shrim captures have declined from the mid-1970s to the present level of about 1,000 mt per year, indicating severe stock deple...

  16. effect of stocking density on production of clarias gariepinus

    African Journals Online (AJOL)

    DR. AMINU

    bamboo-net cages to evaluate the effects of stocking density on growth, survival rate and food conversion ratio. .... Where Wt1 = initial mean weight of fish at time T1 ..... Mohanty, R. K. (2004): Density-dependent growth performance of Indian major carps in rain water reservoirs. Journal of Applied. Ichthyology 20: 123-127.

  17. INFLUENCE THE STOCKS ON YIELD AND QUALITY OF GRAPES AND ALIGOTE WINE

    OpenAIRE

    Chausov V. M.

    2016-01-01

    The article presents results of the six-year study of the effect of stocks Riparia × Rupestris 101-14 and Berlandieri × Riparia Kober 5BB on yield, quality of grapes and Aligote wine in the central zone of the Krasnodar region. Effect of stock on scion strongly depends on the annual weather conditions. In a given year, there is a stock better adapted to the weather conditions. Stocks of Riparia × Rupestris 101-14 increase winter hardiness, and the stock Berlandieri × Riparia Kober 5BB - droug...

  18. The role of minerals and mean annual temperature on soil carbon accumulation: A modeling analysis

    Science.gov (United States)

    Abramoff, R. Z.; Georgiou, K.; Tang, J.; Torn, M. S.; Riley, W. J.

    2016-12-01

    Soil organic carbon (SOC) is the largest actively cycling terrestrial C pool with mean residence times that can exceed 10,000 years. There is strong evidence suggesting that SOC dynamics depend on soil temperature and C inputs to soil through net primary production (NPP), but it is unclear what the relative importance of these factors is relative to SOC protection by minerals. Recent empirical studies have suggested that mineral protection explains more variation in SOC stock sizes and C respiration fluxes than does NPP or climate. Our previous modeling has demonstrated that representing the chemistry of mineral sorption in a microbially-explicit model affects the temperature sensitivity of SOC dynamics. We apply this modeling framework to interpret observations of SOC stocks, mineral surface availability, mean annual temperature (MAT), and NPP collected along a 4,000 km transect in South America. We use a Random Forest machine learning algorithm and regression to analyze our model output and the empirical data. This analysis shows that mineral surface availability is the dominant control over C respiration and SOC stock, and is substantially larger than the effects of belowground NPP. We further show that minerals interact with MAT to determine the observed range of SOC stocks along this transect in the present day, as well as projected SOC stocks under long-term warming. Our model-data comparison suggests that soil mineralogy and MAT will explain the majority of the spatial variation in SOC stock over decadal-to-millennial timescales. We extend the analysis of these interactions using the ACME Land Model (ALM) coupled with an explicit representation of microbes, minerals, and vertical transport of solutes and gases. The model results confirm the dominant effects of minerals on organic matter decomposition throughout the soil column.

  19. Factors Affecting the Return Stock Company in Indonesia Stock Exchange (IDX LQ45 in Years 2012-2015

    Directory of Open Access Journals (Sweden)

    Fangki A. Sorongan

    2016-03-01

    Full Text Available This research aimed to determine the effect of partially and jointly independent variable of Debt to Equity Ratio (DER, Return on Equity (ROA, Return on Equity (ROE, and Net Profit Margin (NPM against the dependent variable on the stock return. Objects of this research were companies listed on the Indonesia Stock Exchange (BEI LQ45 continuously for four years in the period 2012-2015. Companies that qualify for this research were 28 companies. Based on this research, the conclusions indicate that all four independent variables; Debt to Equity Ratio (DER, Return on Equity (ROA, Return on Equity (ROE, and Net Profit Margin (NPM, either jointly or partially give the significant effect on return stock.

  20. DLA Forward Stocking

    National Research Council Canada - National Science Library

    Flory, John

    2007-01-01

    .... This study evaluates the feasibility of forward stocking in terms of DoD savings. The performance of DLA's criteria is evaluated and a new criteria using a cost and demand threshold is proposed...

  1. In-use product stocks link manufactured capital to natural capital.

    Science.gov (United States)

    Chen, Wei-Qiang; Graedel, T E

    2015-05-19

    In-use stock of a product is the amount of the product in active use. In-use product stocks provide various functions or services on which we rely in our daily work and lives, and the concept of in-use product stock for industrial ecologists is similar to the concept of net manufactured capital stock for economists. This study estimates historical physical in-use stocks of 91 products and 9 product groups and uses monetary data on net capital stocks of 56 products to either approximate or compare with in-use stocks of the corresponding products in the United States. Findings include the following: (i) The development of new products and the buildup of their in-use stocks result in the increase in variety of in-use product stocks and of manufactured capital; (ii) substitution among products providing similar or identical functions reflects the improvement in quality of in-use product stocks and of manufactured capital; and (iii) the historical evolution of stocks of the 156 products or product groups in absolute, per capita, or per-household terms shows that stocks of most products have reached or are approaching an upper limit. Because the buildup, renewal, renovation, maintenance, and operation of in-use product stocks drive the anthropogenic cycles of materials that are used to produce products and that originate from natural capital, the determination of in-use product stocks together with modeling of anthropogenic material cycles provides an analytic perspective on the material linkage between manufactured capital and natural capital.

  2. The Effect of Company Fundamentals on Stock Values

    Directory of Open Access Journals (Sweden)

    Serife Ozlen

    2014-03-01

    Full Text Available The influencing factors of stock values change with respect to the changes on economic factors depended on the selected time interval. These factors can be considered under two main categories (microeconomic and macroeconomic. The aim of this study is to identify the effect of selected microeconomic factors (Total Asset Turnover Ratio, Debt Ratio, Current Ratio, Price to Earnings Ratio, Net Profit Margin, and Book Value on stock values between the second quarter of 2000 and the third quarter of 2012. This study is among the few researches which consider sector level performances of the stock values.The selected sectors for the analyses are electric, food, communication, paper, chemistry, metal-product, metal-main, stone, textile, commerce and transportation. The results indicate that Book value is highly significant positive impact on the stock prices of all the sectors. The effects of remaining factors are found to be different for each sector.

  3. Trading network predicts stock price.

    Science.gov (United States)

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

    2014-01-16

    Stock price prediction is an important and challenging problem for studying financial markets. Existing studies are mainly based on the time series of stock price or the operation performance of listed company. In this paper, we propose to predict stock price based on investors' trading behavior. For each stock, we characterize the daily trading relationship among its investors using a trading network. We then classify the nodes of trading network into three roles according to their connectivity pattern. Strong Granger causality is found between stock price and trading relationship indices, i.e., the fraction of trading relationship among nodes with different roles. We further predict stock price by incorporating these trading relationship indices into a neural network based on time series of stock price. Experimental results on 51 stocks in two Chinese Stock Exchanges demonstrate the accuracy of stock price prediction is significantly improved by the inclusion of trading relationship indices.

  4. Professional Enterprise NET

    CERN Document Server

    Arking, Jon

    2010-01-01

    Comprehensive coverage to help experienced .NET developers create flexible, extensible enterprise application code If you're an experienced Microsoft .NET developer, you'll find in this book a road map to the latest enterprise development methodologies. It covers the tools you will use in addition to Visual Studio, including Spring.NET and nUnit, and applies to development with ASP.NET, C#, VB, Office (VBA), and database. You will find comprehensive coverage of the tools and practices that professional .NET developers need to master in order to build enterprise more flexible, testable, and ext

  5. Scaling net ecosystem production and net biome production over a heterogeneous region in the western United States

    Directory of Open Access Journals (Sweden)

    D. P. Turner

    2007-08-01

    Full Text Available Bottom-up scaling of net ecosystem production (NEP and net biome production (NBP was used to generate a carbon budget for a large heterogeneous region (the state of Oregon, 2.5×105 km2 in the western United States. Landsat resolution (30 m remote sensing provided the basis for mapping land cover and disturbance history, thus allowing us to account for all major fire and logging events over the last 30 years. For NEP, a 23-year record (1980–2002 of distributed meteorology (1 km resolution at the daily time step was used to drive a process-based carbon cycle model (Biome-BGC. For NBP, fire emissions were computed from remote sensing based estimates of area burned and our mapped biomass estimates. Our estimates for the contribution of logging and crop harvest removals to NBP were from the model simulations and were checked against public records of forest and crop harvesting. The predominately forested ecoregions within our study region had the highest NEP sinks, with ecoregion averages up to 197 gC m−2 yr−1. Agricultural ecoregions were also NEP sinks, reflecting the imbalance of NPP and decomposition of crop residues. For the period 1996–2000, mean NEP for the study area was 17.0 TgC yr−1, with strong interannual variation (SD of 10.6. The sum of forest harvest removals, crop removals, and direct fire emissions amounted to 63% of NEP, leaving a mean NBP of 6.1 TgC yr−1. Carbon sequestration was predominantly on public forestland, where the harvest rate has fallen dramatically in the recent years. Comparison of simulation results with estimates of carbon stocks, and changes in carbon stocks, based on forest inventory data showed generally good agreement. The carbon sequestered as NBP, plus accumulation of forest products in slow turnover pools, offset 51% of the annual emissions of fossil fuel CO2 for the state. State-level NBP dropped below zero in 2002

  6. Scaling net ecosystem production and net biome production over a heterogeneous region in the western United States

    Science.gov (United States)

    Turner, D. P.; Ritts, W. D.; Law, B. E.; Cohen, W. B.; Yang, Z.; Hudiburg, T.; Campbell, J. L.; Duane, M.

    2007-08-01

    Bottom-up scaling of net ecosystem production (NEP) and net biome production (NBP) was used to generate a carbon budget for a large heterogeneous region (the state of Oregon, 2.5×105 km2) in the western United States. Landsat resolution (30 m) remote sensing provided the basis for mapping land cover and disturbance history, thus allowing us to account for all major fire and logging events over the last 30 years. For NEP, a 23-year record (1980-2002) of distributed meteorology (1 km resolution) at the daily time step was used to drive a process-based carbon cycle model (Biome-BGC). For NBP, fire emissions were computed from remote sensing based estimates of area burned and our mapped biomass estimates. Our estimates for the contribution of logging and crop harvest removals to NBP were from the model simulations and were checked against public records of forest and crop harvesting. The predominately forested ecoregions within our study region had the highest NEP sinks, with ecoregion averages up to 197 gC m-2 yr-1. Agricultural ecoregions were also NEP sinks, reflecting the imbalance of NPP and decomposition of crop residues. For the period 1996-2000, mean NEP for the study area was 17.0 TgC yr-1, with strong interannual variation (SD of 10.6). The sum of forest harvest removals, crop removals, and direct fire emissions amounted to 63% of NEP, leaving a mean NBP of 6.1 TgC yr-1. Carbon sequestration was predominantly on public forestland, where the harvest rate has fallen dramatically in the recent years. Comparison of simulation results with estimates of carbon stocks, and changes in carbon stocks, based on forest inventory data showed generally good agreement. The carbon sequestered as NBP, plus accumulation of forest products in slow turnover pools, offset 51% of the annual emissions of fossil fuel CO2 for the state. State-level NBP dropped below zero in 2002 because of the combination of a dry climate year and a large (200 000 ha) fire. These results highlight

  7. Spatial distribution of soil organic carbon stocks in France

    Directory of Open Access Journals (Sweden)

    M. P. Martin

    2011-05-01

    Full Text Available Soil organic carbon plays a major role in the global carbon budget, and can act as a source or a sink of atmospheric carbon, thereby possibly influencing the course of climate change. Changes in soil organic carbon (SOC stocks are now taken into account in international negotiations regarding climate change. Consequently, developing sampling schemes and models for estimating the spatial distribution of SOC stocks is a priority. The French soil monitoring network has been established on a 16 km × 16 km grid and the first sampling campaign has recently been completed, providing around 2200 measurements of stocks of soil organic carbon, obtained through an in situ composite sampling, uniformly distributed over the French territory.

    We calibrated a boosted regression tree model on the observed stocks, modelling SOC stocks as a function of other variables such as climatic parameters, vegetation net primary productivity, soil properties and land use. The calibrated model was evaluated through cross-validation and eventually used for estimating SOC stocks for mainland France. Two other models were calibrated on forest and agricultural soils separately, in order to assess more precisely the influence of pedo-climatic variables on SOC for such soils.

    The boosted regression tree model showed good predictive ability, and enabled quantification of relationships between SOC stocks and pedo-climatic variables (plus their interactions over the French territory. These relationships strongly depended on the land use, and more specifically, differed between forest soils and cultivated soil. The total estimate of SOC stocks in France was 3.260 ± 0.872 PgC for the first 30 cm. It was compared to another estimate, based on the previously published European soil organic carbon and bulk density maps, of 5.303 PgC. We demonstrate that the present estimate might better represent the actual SOC stock distributions of France, and consequently that the

  8. MODIS/Terra Net Primary Production Yearly L4 Global 500m SIN Grid V006

    Data.gov (United States)

    National Aeronautics and Space Administration — The MOD17A3H Version 6 product provides information about annual (yearly) Net Primary Production at 500 meter pixel resolution. Annual NPP is derived from the sum of...

  9. MODIS/Aqua Net Primary Production Yearly L4 Global 500m SIN Grid V006

    Data.gov (United States)

    National Aeronautics and Space Administration — The MYD17A3H Version 6 product provides information about annual (yearly) Net Primary Production at 500 meter pixel resolution. Annual NPP is derived from the sum of...

  10. 26 CFR 1.408-11 - Net income calculation for returned or recharacterized IRA contributions.

    Science.gov (United States)

    2010-04-01

    ... 26 Internal Revenue 5 2010-04-01 2010-04-01 false Net income calculation for returned or... Internal Revenue Code section that the return of a contribution be accompanied by the amount of net income... OF THE TREASURY (CONTINUED) INCOME TAX (CONTINUED) INCOME TAXES Pension, Profit-Sharing, Stock Bonus...

  11. Reconciling catch differences from multiple fishery independent gill net surveys

    Science.gov (United States)

    Kraus, Richard T.; Vandergoot, Christopher; Kocovsky, Patrick M.; Rogers, Mark W.; Cook, H. Andrew; Brenden, Travis O.

    2017-01-01

    Fishery independent gill net surveys provide valuable demographic information for population assessment and resource management, but relative to net construction, the effects of ancillary species, and environmental variables on focal species catch rates are poorly understood. In response, we conducted comparative deployments with three unique, inter-agency, survey gill nets used to assess walleye Sander vitreus in Lake Erie. We used an information-theoretic approach with Akaike’s second-order information criterion (AICc) to evaluate linear mixed models of walleye catch as a function of net type (multifilament and two types of monofilament netting), mesh size (categorical), Secchi depth, temperature, water depth, catch of ancillary species, and interactions among selected variables. The model with the greatest weight of evidence showed that walleye catches were positively associated with potential prey and intra-guild predators and negatively associated with water depth and temperature. In addition, the multifilament net had higher average walleye catches than either of the two monofilament nets. Results from this study both help inform decisions about proposed gear changes to stock assessment surveys in Lake Erie, and advance our understanding of how multispecies associations explain variation in gill net catches. Of broader interest to fishery-independent gill net studies, effects of abiotic variables and ancillary species on focal specie’s catch rates were small in comparison with net characteristics of mesh size or twine type.

  12. Carbon sequestration in croplands is mainly driven by management leading to increased net primary production - evidence from long-term field experiments in Northern Europe

    Science.gov (United States)

    Kätterer, Thomas; Bolinder, Martin Anders; Börjesson, Gunnar; Kirchmann, Holger; Poeplau, Christopher

    2014-05-01

    Sustainable intensification of agriculture in regions with high production potential is a prerequisite for providing services for an increasing human population, not only food, animal feed, fiber and biofuel but also to promote biodiversity and the beauty of landscapes. We investigated the effect of different management practices on soil fertility and carbon sequestration in long-term experiments, mainly from Northern Europe. In addition, a meta-analysis on the effect of catch crops was conducted. Improved management of croplands was found to be a win-win strategy resulting in both increased soil fertility and carbon sequestration. We quantified the effect of different management practices such as N fertilization, organic amendments, catch crops and ley-arable rotations versus continuous annual cropping systems on soil carbon stocks. Increasing net primary productivity (NPP) was found to be the main driver for higher soil carbon storage. Mineral N fertilization increased soil carbon stocks by 1-2 kg C ha-1 for each kg of N applied to cropland. Ley-arable rotations, being a combination of annual and perennial crops, are expected to have C stocks intermediate between those of continuous grass- and croplands. A summary of data from 15 long-term sites showed that on average 0.5 Mg ha-1 yr-1 (range 0.3 to 1.1; median 0.4 Mg ha-1 yr-1) more carbon was retained in soils in ley-arable compared to exclusively annual systems, depending on species composition, management, soil depth and the duration of the studies. The annual C accumulation rate for catch crops determined in the meta-analysis was well within that range (0.32±0.08 Mg C ha-1 yr-1). Retention factors calculated for straw, manure, sawdust, peat, sewage sludge and composted household waste varied widely in a decadal time scale. Retention of root and rhizodeposit carbon was higher than for above-ground crop residues. We conclude that NPP is the major driver for C sequestration and emphasize that increased soil

  13. Long-Run Determinants of the Real Exchange Rate; A Stock-Flow Perspective

    OpenAIRE

    Hamid Faruqee

    1994-01-01

    This paper examines the long-run determinants of the real exchange rate from a stock-flow perspective. The empirical analysis estimates a long-run relationship between the real exchange rate, net foreign assets, and other factors affecting trade flows. Using postwar data for the United States and Japan, cointegration analysis supports the finding that the structural factors underlying each country's net trade and net foreign asset positions determine the long-run path for the real value of th...

  14. Commodities and Stock Investment

    Directory of Open Access Journals (Sweden)

    Syed Jawad Hussain Shahzad

    2014-09-01

    Full Text Available This study is a multivariate analysis of commodities and stock investment in a newly established market scenario. Return distribution asymmetry is examined with higher order movements. Skewness in commodity future’s return is largely insignificant, whereas kurtosis is highly significant for both stock and commodity future contracts. Correlation analysis is done with Pearson’s and Kendall’s tau measures. Commodities provide significant diversification benefits when added in a portfolio of stocks. Compared with stocks, commodity future’s returns show stronger correlation with unexpected inflation. The volatility is measured through Glosten-Jagannathan-Runkle - Generalized Autoregressive Conditional Heteroskedasticity (GJR-GARCH model and reflects that commodities have inverted asymmetric behavior, that is, more impact from the upward shocks compared with downward. Stocks have asymmetric volatility, that is, more impact from negative shocks compared with positive. Gold has highest inverted asymmetric volatility. Tail dependence, measured through Student’s t copula, shows no combined downside movement. In conclusion, commodity investments provide diversification and inflation protection.

  15. Mean Reversion in International Stock Markets: An Empirical Analysis of the 20th Century

    NARCIS (Netherlands)

    Spierdijk, L.; Bikker, J.A.; van den Hoek, P.

    2010-01-01

    This paper analyzes mean reversion in international stock markets during the period 1900-2008, using annual data. Our panel of stock indexes in seventeen developed countries, covering a time span of more than a century, allows us to analyze in detail the dynamics of the mean-reversion process. In

  16. WaveNet

    Science.gov (United States)

    2015-10-30

    Coastal Inlets Research Program WaveNet WaveNet is a web-based, Graphical-User-Interface ( GUI ) data management tool developed for Corps coastal...generates tabular and graphical information for project planning and design documents. The WaveNet is a web-based GUI designed to provide users with a...data from different sources, and employs a combination of Fortran, Python and Matlab codes to process and analyze data for USACE applications

  17. The importance of biomass net uptake for a trace metal budget in a forest stand in north-eastern France

    Energy Technology Data Exchange (ETDEWEB)

    Gandois, L. [Universite de Toulouse, UPS, INP, EcoLab - Laboratoire d' ecologie fonctionnelle, ENSAT, Avenue de l' Agrobiopole, F-31326 Castanet-Tolosan (France); CNRS, EcoLab, F-31326 Castanet-Tolosan (France); Nicolas, M. [ONF, Direction technique RENECOFOR, Bd de Constance 77300 Fontainebleau (France); VanderHeijden, G. [INRA, centre de Nancy, Equipe BEF, 54280 Champenoux (France); Probst, A., E-mail: anne.probst@ensat.fr [Universite de Toulouse, UPS, INP, EcoLab -Laboratoire d' ecologie fonctionnelle, ENSAT, Avenue de l' Agrobiopole, F-31326 Castanet-Tolosan (France); CNRS, EcoLab, F-31326 Castanet-Tolosan (France)

    2010-11-01

    The trace metal (TM: Cd, Cu, Ni, Pb and Zn) budget (stocks and annual fluxes) was evaluated in a forest stand (silver fir, Abies alba Miller) in north-eastern France. Trace metal concentrations were measured in different tree compartments in order to assess TM partitioning and dynamics in the trees. Inputs included bulk deposition, estimated dry deposition and weathering. Outputs were leaching and biomass exportation. Atmospheric deposition was the main input flux. The estimated dry deposition accounted for about 40% of the total trace metal deposition. The relative importance of leaching (estimated by a lumped parameter water balance model, BILJOU) and net biomass uptake (harvesting) for ecosystem exportation depended on the element. Trace metal distribution between tree compartments (stem wood and bark, branches and needles) indicated that Pb was mainly stored in the stem, whereas Zn and Ni, and to a lesser extent Cd and Cu, were translocated to aerial parts of the trees and cycled in the ecosystem. For Zn and Ni, leaching was the main output flux (> 95% of the total output) and the plot budget (input-output) was negative, whereas for Pb the biomass net exportation represented 60% of the outputs and the budget was balanced. Cadmium and Cu had intermediate behaviours, with 18% and 30% of the total output relative to biomass exportation, respectively, and the budgets were negative. The net uptake by biomass was particularly important for Pb budgets, less so for Cd and Cu and not very important for Zn and Ni in such forest stands.

  18. Coloured Petri Nets

    DEFF Research Database (Denmark)

    Jensen, Kurt

    1991-01-01

    This paper describes how Coloured Petri Nets (CP-nets) have been developed — from being a promising theoretical model to being a full-fledged language for the design, specification, simulation, validation and implementation of large software systems (and other systems in which human beings and...... use of CP-nets — because it means that the function representation and the translations (which are a bit mathematically complex) no longer are parts of the basic definition of CP-nets. Instead they are parts of the invariant method (which anyway demands considerable mathematical skills...

  19. Game Coloured Petri Nets

    DEFF Research Database (Denmark)

    Westergaard, Michael

    2006-01-01

    This paper introduces the notion of game coloured Petri nets. This allows the modeler to explicitly model what parts of the model comprise the modeled system and what parts are the environment of the modeled system. We give the formal definition of game coloured Petri nets, a means of reachability...... analysis of this net class, and an application of game coloured Petri nets to automatically generate easy-to-understand visualizations of the model by exploiting the knowledge that some parts of the model are not interesting from a visualization perspective (i.e. they are part of the environment...

  20. Programming NET Web Services

    CERN Document Server

    Ferrara, Alex

    2007-01-01

    Web services are poised to become a key technology for a wide range of Internet-enabled applications, spanning everything from straight B2B systems to mobile devices and proprietary in-house software. While there are several tools and platforms that can be used for building web services, developers are finding a powerful tool in Microsoft's .NET Framework and Visual Studio .NET. Designed from scratch to support the development of web services, the .NET Framework simplifies the process--programmers find that tasks that took an hour using the SOAP Toolkit take just minutes. Programming .NET

  1. Annotating Coloured Petri Nets

    DEFF Research Database (Denmark)

    Lindstrøm, Bo; Wells, Lisa Marie

    2002-01-01

    -net. An example of such auxiliary information is a counter which is associated with a token to be able to do performance analysis. Modifying colour sets and arc inscriptions in a CP-net to support a specific use may lead to creation of several slightly different CP-nets – only to support the different uses...... a method which makes it possible to associate auxiliary information, called annotations, with tokens without modifying the colour sets of the CP-net. Annotations are pieces of information that are not essential for determining the behaviour of the system being modelled, but are rather added to support...

  2. IMPORTANCE OF COMMERCIAL FISH STOCK AND FISHERY MANAGEMENT

    Directory of Open Access Journals (Sweden)

    G. A. Sudakov

    2012-01-01

    Full Text Available One of the main tasks of fisheries science and practice consists in maintaining commercial fish stocks on the level that ensures their sustainable utilization. Fishing intensity and selectivity are the basis of rational fishery and affect, on the one hand, commercial stock reproduction and, on the other hand, efficiency of stock utilization especially through combining selectivity regulation and fishery intensity. Commercial fish stocks may be maintained on the level close to the optimal one in different ways.Fishery intensity control based on total allowable catch (TAC has been widely distributed. According to this term an annual assignment of catch quotas is performed for every fish species and fish group in a certain fishing area in order to avoid the risk of overfishing or underfishing.

  3. Global patterns in mangrove soil carbon stocks and losses

    KAUST Repository

    Atwood, Trisha B.

    2017-06-26

    Mangrove soils represent a large sink for otherwise rapidly recycled carbon (C). However, widespread deforestation threatens the preservation of this important C stock. It is therefore imperative that global patterns in mangrove soil C stocks and their susceptibility to remineralization are understood. Here, we present patterns in mangrove soil C stocks across hemispheres, latitudes, countries and mangrove community compositions, and estimate potential annual CO2 emissions for countries where mangroves occur. Global potential CO2 emissions from soils as a result of mangrove loss were estimated to be ~7.0 Tg CO2e yr−1. Countries with the highest potential CO2 emissions from soils are Indonesia (3,410 Gg CO2e yr−1) and Malaysia (1,288 Gg CO2e yr−1). The patterns described serve as a baseline by which countries can assess their mangrove soil C stocks and potential emissions from mangrove deforestation.

  4. The Effects of Stock Dividend on Stock Return in Tehran Stock Exchange

    Directory of Open Access Journals (Sweden)

    Ebrahim Abbasi

    2014-06-01

    Full Text Available This study is aimed at identifying the relationship between stock dividend issue and return rate of share of 100 firms from Tehran Stock Exchange during years 2007-2011 tending to issue stock dividend. Pearson correlation test was used to examine the relationship between stock dividend issues and return rate of share and results showed that there is no significant relationship between share return rate and the amount of stock dividend and also between stock dividend issue percentage and return rate of share.

  5. Statistical Analysis Of The Share Price Movement Of Stocks ...

    African Journals Online (AJOL)

    This study was aimed at providing the investor with timing evidence in decisions with regards to the purchase of and sale of equities that will lead towards higher annual returns from his stock investment as well as to understand the causes and pattern of shares price movements as it affects investment decisions in the ...

  6. The Impact of Bank and Stock Market Developments on Economic ...

    African Journals Online (AJOL)

    The paper examines the short and long run impact of bank and stock market developments on growth in Zimbabwe using annual data from 1988-2012, inclusive. The study uses a financially-augmented production growth function and applies the Auto Regressive Distributed Lag (ARDL) approach and the error correction ...

  7. The cultivation of energy crops for biogas production and the application of digestates are characterized by high variability of CO2 exchange and soil organic C stock changes

    Science.gov (United States)

    Augustin, Juergen; Fiedler, Sebastian; Heintze, Gawan; Rohwer, Marcus; Prescher, Anne-Katrin; Pohl, Madlen; Jurisch, Nicole; Hagemann, Ulrike

    2017-04-01

    In Germany, agricultural production accounts for approx. 15% of total anthropogenic greenhouse gas emissions. The cultivation of energy crops is thus considered an important option to reduce the climate impact and maintain or increase soil organic carbon (SOC) stocks. In particular, this applies to the continuously expanding cultivation of energy crops for biogas production and the associated use of residues from anaerobic digestion (digestates) as organic fertilizer. To date, there is only limited and contradicting evidence on the impacts of this management practice on the CO2 exchange as well as the change of SOC stocks. We will present results from a 4-year field study at 5 sites in Germany using identical methods to investigate the interacting effects of i) 3 N-fertilizer treatments including calcium ammonium nitrate and digestates and ii) a crop rotation of 7 energy crops like maize, sorghum, triticale, and wheat on net ecosystem CO2 exchange (NEE) and the change of SOC stocks. We used the manual chamber approach for measuring NEE as the difference between gross primary production and ecosystem respiration. The determination of SOC stock changes was based on a C budget approach, which includes the cumulated annual NEE, the C export by harvest, and the C import by application of anaerobic digestates. The CO2 exchange and the change of SOC stocks were influenced by multiple factors like crop, site, fertilization, and climate, as well as their complex interactions. A large proportion of the variability of the CO2 exchange can be attributed to interannual climatic variability. Productive crops like maize and sorghum generally feature the most intensive CO2 exchange, while less productive crops can compensate for this by means of longer cultivation times. Regardless of the extreme variability, pronounced and partly significant differences of NEE and C budgets between sites were observed. On average, SOC stocks declined over a full crop rotation, but with highly

  8. 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...

  9. The Body Stocking

    DEFF Research Database (Denmark)

    Petersen, Louise Ravnløkke Munk; Bang, Anne Louise

    2016-01-01

    of the Repertory Grid technique and Wardrobe Studies to frame a tangible dialogue enabling the parents to elaborate on personal preferences of design aesthetics and materials in baby clothing. In the analysis we use the body stocking as a common reference point for learning about reasons for high use frequency...

  10. 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…

  11. fertilizer and stocking rates

    African Journals Online (AJOL)

    and in this case the best economic response was achieved at a lower stocking rate than needed for ... The trial was conducted at two sites, the Bathurst Research Station (33°30'S; 26°50'E) (1986-1994) and ... Rainfall and evaporation at the Bathurst Research Station and rainfall at the Boslaagte homestead were measured ...

  12. The Stock Market and Investment

    OpenAIRE

    Barro, Robert J.

    1989-01-01

    Changes in stock prices have substantial explanatory power for U.S. investment, especially for long-term samples, and even in the presence of cash flow variables. The stock market dramatically out-performs a standard q-variable because the market-equity component of this variable is only a rough proxy for stock market value. Although the stock market did not predict accurately after the crash of October 1987, the errors were not statistically significant. Parallel relationships for Canada rai...

  13. Stock prices and business investment

    OpenAIRE

    Yaron Leitner

    2007-01-01

    Is there a link between the stock market and business investment? Empirical evidence indicates that there is. A firm tends to invest more when its stock price increases, and it tends to invest less when the price falls. In “Stock Prices and Business Investment,” Yaron Leitner discusses existing research that explains this relationship. One question under consideration is whether the stock market actually improves investment decisions.

  14. Stock Liquidity and Investment Efficiency

    OpenAIRE

    HEIDI HOOI KHUAN QUAH

    2017-01-01

    This PhD study investigates the implications of stock liquidity on firm investments efficiency. The study finds that high stock liquidity has a positive impact on investment efficiency and shows that the beneficial effect of stock liquidity on investment efficiency is stronger among firms with higher information asymmetry and higher monitoring institutional investors. These findings suggest that high stock liquidity plays important informational and governance roles in mitigating information ...

  15. Net zero water

    CSIR Research Space (South Africa)

    Lindeque, M

    2013-01-01

    Full Text Available Is it possible to develop a building that uses a net zero amount of water? In recent years it has become evident that it is possible to have buildings that use a net zero amount of electricity. This is possible when the building is taken off...

  16. SolNet

    DEFF Research Database (Denmark)

    Jordan, Ulrike; Vajen, Klaus; Bales, Chris

    2014-01-01

    SolNet, founded in 2006, is the first coordinated International PhD education program on Solar Thermal Engineering. The SolNet network is coordinated by the Institute of Thermal Engineering at Kassel University, Germany. The network offers PhD courses on solar heating and cooling, conference...

  17. Kunstige neurale net

    DEFF Research Database (Denmark)

    Hørning, Annette

    1994-01-01

    Artiklen beskæftiger sig med muligheden for at anvende kunstige neurale net i forbindelse med datamatisk procession af naturligt sprog, specielt automatisk talegenkendelse.......Artiklen beskæftiger sig med muligheden for at anvende kunstige neurale net i forbindelse med datamatisk procession af naturligt sprog, specielt automatisk talegenkendelse....

  18. ---Stock Market Devpt in Ethiopia

    African Journals Online (AJOL)

    Jetu_E_Ch

    accommodates stock market in Ethiopia is a timely issue to catch up with the global trend, given the ... designed to trade stocks except for the fragmented and unregulated stock trading in a dealer market. ..... Monetary Policy Instruments in Ethiopia (Economic Research Department, National. Bank of Ethiopia) pp. 1-18. 39.

  19. 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.

  20. Throughout the history of the inshore net-fisheries in the Western ...

    African Journals Online (AJOL)

    denise

    Sharks and skates. 6. 2. 33. Total. 21 671. 4 156. 19. 3 147. 2 141. 68. * Given by mass. Table XI: Comparison of observed and reported bycatch rates for 44–64 mm gillnets. Species. Observed cpue. Estimated annual. Reported cpue. Reported annual. (number net-day-1) catch (number)*. (number net-day-1) catch (number).

  1. FY 1998 annual summary report on International Clean Energy Network Using Hydrogen Conversion (WE-NET) system technology. Subtask 9. Research and evaluation of innovative and leading technologies; 1998 nendo seika hokokusho. Suiso riyo kokusai clean energy system gijutsu (WE-NET) subtask 9 (kakushinteki, sendoteki gijutsu ni kansuru chosa kenkyu)

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1999-03-01

    In order to make useful suggestions and proposals for the International Clean Energy Network Using Hydrogen Conversion (WE-NET) project and thereby to promote the research and development activities, the innovative and leading technologies have been studied, investigated and evaluated. In FY 1998, a total of 6 proposals were collected, and evaluated to prioritize for the conceptual studies. These are related to methanol-fueled power generation turbine system, conceptual design of high-efficiency production system for high-efficiency solar cell by the 10 GW/y scale production process, investigation of potential of wind power, CO2 recycling methanol fuel cell, investigation of catalysis materials for hydrogen combustion and catalytic combustion systems, development of reversible high-temperature steam electrolysis cell/solid oxide fuel cell by the synthesis from aqueous solutions, and mobile heat recovery hydrogen production system. Promising technologies to be reflected on the WE-NET project were examined, based on the new technologies acquired from the research and investigation so far. As a result, two candidates were selected; hydrogen liquefaction by magnetic refrigeration technology, and catalytic combustion gas turbine. (NEDO)

  2. AREVA net income: 649 million euros

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2007-03-15

    This document presents the financial statements for 2006 of Areva group: net income: 649 million euros; backlog up by 24.6% to 25.6 billion euros; steady growth of sales revenue: + 7.3%1 to 10.863 billion euros; operating income of 407 million euros: excellent divisional performance and constitution of a significant provision for the OL3 project in Finland; dividend proposed to Annual General Meeting of Shareholders: 8.46 euros per share.

  3. Pro NET Best Practices

    CERN Document Server

    Ritchie, Stephen D

    2011-01-01

    Pro .NET Best Practices is a practical reference to the best practices that you can apply to your .NET projects today. You will learn standards, techniques, and conventions that are sharply focused, realistic and helpful for achieving results, steering clear of unproven, idealistic, and impractical recommendations. Pro .NET Best Practices covers a broad range of practices and principles that development experts agree are the right ways to develop software, which includes continuous integration, automated testing, automated deployment, and code analysis. Whether the solution is from a free and

  4. Getting to Net Zero

    Energy Technology Data Exchange (ETDEWEB)

    2016-09-01

    The technology necessary to build net zero energy buildings (NZEBs) is ready and available today, however, building to net zero energy performance levels can be challenging. Energy efficiency measures, onsite energy generation resources, load matching and grid interaction, climatic factors, and local policies vary from location to location and require unique methods of constructing NZEBs. It is recommended that Components start looking into how to construct and operate NZEBs now as there is a learning curve to net zero construction and FY 2020 is just around the corner.

  5. Instant Lucene.NET

    CERN Document Server

    Heydt, Michael

    2013-01-01

    Filled with practical, step-by-step instructions and clear explanations for the most important and useful tasks. A step-by-step guide that helps you to index, search, and retrieve unstructured data with the help of Lucene.NET.Instant Lucene.NET How-to is essential for developers new to Lucene and Lucene.NET who are looking to get an immediate foundational understanding of how to use the library in their application. It's assumed you have programming experience in C# already, but not that you have experience with search techniques such as information retrieval theory (although there will be a l

  6. High Stocking Density Controls Phillyrea Angustifolia in Mediterranean Grasslands

    Science.gov (United States)

    Mesléard, François; Yavercovski, Nicole; Lefebvre, Gaétan; Willm, Loic; Bonis, Anne

    2017-03-01

    Extensive grazing applied in the form of low instantaneous pressure over a long period is a widespread management practice in protected areas. However this kind of stocking method does not always achieve the expected results, in particular because it fails to limit colonization by woody plants.This is the case in the relict xero-halophytic grasslands of the northern Mediterranean coastal region, subjected to widespread colonization by the shrub Phillyrea angustifolia despite the presence of extensive grazing. In this study, we investigated, for an equal annual stocking rate, the respective impact of high stocking density applied over a short period (mob grazing) and low stocking density applied over a long period on both P. angustifolia and herbaceous cover, using an in situ experimental design run for 7 years. Only mob grazing was effective both in controlling the establishment and increasing the mortality of P. angustifolia individuals. We did not find any difference after the 7 years of experimentation between the two stocking methods with regard to the herbaceous community parameters tested: species richness, diversity, evenness, contribution of annual characteristic species. By contrast, the exclusion of domestic grazing led to a strong reduction of these values.The use of mob grazing may be well suited for meeting conservation goals such as maintaining open habitats in these grasslands.

  7. Stocks and fluxes of organic carbon in the ecosystem of mature bilberry pine forest of the middle taiga

    Directory of Open Access Journals (Sweden)

    A. F. Osipov

    2017-04-01

    Full Text Available The data on carbon stock and its distribution on the main pools in the ecosystem are presented for mature pine forest bilberry type in the middle taiga. The ecosystem of mature pine forest bilberry type concentrates 158.2 t C ha–1. Upper 1 m soil layer contribute 53 %, phytomass – 44, coarse woody debris – 3 % to total carbon stock. Net primary production is determined. Input of stand is 70 %, ground cover – 30 %. It is found active accumulation of wood. It forms about 36 % of biomass production. Litter fall and it distribution on separate fraction are characterized. Litter fall ranged from 1.13 to 1.53 t C ha–1. It is equal 3–5 % of forest floor mass. The tree plants are generating the most part of litter weight. Needless and leaves play the key role in litter of stand. Inactive fraction (branches, cones are characterized by big inter-annual variation in litter fall production due to changing weather conditions during study period. Dynamic soil temperature is described on lower boundary of forest floor. We estimate that during growing season carbon flux from soil surface is 2.28–3.21 t С ha–1.

  8. Rainy Day Stocks

    DEFF Research Database (Denmark)

    Gormsen, Niels Joachim; Greenwood, Robin

    We study the good- and bad-times performance of equity portfolios formed on characteristics. Many characteristics associated with good performance during bad times—value, profitability, small size, safety, and total volatility—also perform well during good times. Stocks with characteristics signi...... generated during good times. We also show how an investor can build a “rainy day” portfolio that minimizes underperformance during bad times...

  9. Annual Energy Review 2010

    Energy Technology Data Exchange (ETDEWEB)

    None

    2011-10-01

    This twenty-ninth edition of the Annual Energy Review (AER) presents the U.S. Energy Information Administration’s (EIA) most comprehensive look at integrated energy statistics. The summary statistics on the Nation’s energy production, consumption, trade, stocks, and prices cover all major energy commodities and all energy-consuming sectors of the U.S. economy from 1949 through 2010. The AER is EIA’s historical record of energy statistics and, because the coverage spans six decades, the statistics in this report are well-suited to long-term trend analysis.

  10. Net Zero Energy Buildings

    DEFF Research Database (Denmark)

    Marszal, Anna Joanna; Bourrelle, Julien S.; Musall, Eike

    2010-01-01

    and identify possible renewable energy supply options which may be considered in calculations. Finally, the gap between the methodology proposed by each organisation and their respective national building code is assessed; providing an overview of the possible changes building codes will need to undergo......The international cooperation project IEA SHC Task 40 / ECBCS Annex 52 “Towards Net Zero Energy Solar Buildings”, attempts to develop a common understanding and to set up the basis for an international definition framework of Net Zero Energy Buildings (Net ZEBs). The understanding of such buildings...... parameters used in the calculations are discussed and the various renewable supply options considered in the methodologies are summarised graphically. Thus, the paper helps to understand different existing approaches to calculate energy balance in Net ZEBs, highlights the importance of variables selection...

  11. PhysioNet

    Data.gov (United States)

    U.S. Department of Health & Human Services — The PhysioNet Resource is intended to stimulate current research and new investigations in the study of complex biomedical and physiologic signals. It offers free...

  12. NetSig

    DEFF Research Database (Denmark)

    Horn, Heiko; Lawrence, Michael S; Chouinard, Candace R

    2018-01-01

    Methods that integrate molecular network information and tumor genome data could complement gene-based statistical tests to identify likely new cancer genes; but such approaches are challenging to validate at scale, and their predictive value remains unclear. We developed a robust statistic (Net......Sig) that integrates protein interaction networks with data from 4,742 tumor exomes. NetSig can accurately classify known driver genes in 60% of tested tumor types and predicts 62 new driver candidates. Using a quantitative experimental framework to determine in vivo tumorigenic potential in mice, we found that Net......Sig candidates induce tumors at rates that are comparable to those of known oncogenes and are ten-fold higher than those of random genes. By reanalyzing nine tumor-inducing NetSig candidates in 242 patients with oncogene-negative lung adenocarcinomas, we find that two (AKT2 and TFDP2) are significantly amplified...

  13. TideNet

    Science.gov (United States)

    2015-10-30

    query tide data sources in a desired geographic region of USA and its territories (Figure 1). Users can select a tide data source through the Google Map ...select data sources according to the desired geographic region. It uses the Google Map interface to display data from different sources. Recent...Coastal Inlets Research Program TideNet The TideNet is a web-based Graphical User Interface (GUI) that provides users with GIS mapping tools to

  14. Building Neural Net Software

    OpenAIRE

    Neto, João Pedro; Costa, José Félix

    1999-01-01

    In a recent paper [Neto et al. 97] we showed that programming languages can be translated on recurrent (analog, rational weighted) neural nets. The goal was not efficiency but simplicity. Indeed we used a number-theoretic approach to machine programming, where (integer) numbers were coded in a unary fashion, introducing a exponential slow down in the computations, with respect to a two-symbol tape Turing machine. Implementation of programming languages in neural nets turns to be not only theo...

  15. Interaction Nets in Russian

    OpenAIRE

    Salikhmetov, Anton

    2013-01-01

    Draft translation to Russian of Chapter 7, Interaction-Based Models of Computation, from Models of Computation: An Introduction to Computability Theory by Maribel Fernandez. "In this chapter, we study interaction nets, a model of computation that can be seen as a representative of a class of models based on the notion of 'computation as interaction'. Interaction nets are a graphical model of computation devised by Yves Lafont in 1990 as a generalisation of the proof structures of linear logic...

  16. Programming NET 35

    CERN Document Server

    Liberty, Jesse

    2009-01-01

    Bestselling author Jesse Liberty and industry expert Alex Horovitz uncover the common threads that unite the .NET 3.5 technologies, so you can benefit from the best practices and architectural patterns baked into the new Microsoft frameworks. The book offers a Grand Tour" of .NET 3.5 that describes how the principal technologies can be used together, with Ajax, to build modern n-tier and service-oriented applications. "

  17. Testing Benjamin Graham’s net current asset value model

    Directory of Open Access Journals (Sweden)

    Chongsoo An

    2015-02-01

    Full Text Available The objective of this paper is to empirically test one of Graham’s investment methods based on the net current asset value (NCAV. The NCAV is truly unique, and conservative, and commonly known as the net-net method.  The ratio of the net current asset value to market value (NCAV/MV was employed in this study to test a stock’s performance comparing to the performance of S&P 500 as the market index. We used all stocks in Portfolio123 whose raw data were supplied by Compustat, Standard & Poors, Capital IQ, and Reuters for the period of January 2, 1999 to August 31, 2012. The overall results show that the firms with high net current asset values outperform the market. These results are strong in the up market. It can be argued that the firms with a high NCAV/MV ratio are likely to move toward their fundamental value and generate high excess return because its stock prices are now undervalued. The implications of the study are: (a a positive NCAV/MV ratio may be a good indicator of the underpriced security; (b investing in the growth period and avoiding the downturn period leads investors to earn much higher returns from the firms with a high NCAV/MV ratio; and (c The NCAV/MV strategy requires a longer holding period of the portfolio in order to generate excess returns.

  18. Sherman Creek Hatchery; Washington Department of Fish and Wildlife Fish Program, 2003 Annual Report.

    Energy Technology Data Exchange (ETDEWEB)

    Lovrak, Jon (Washington Department of Fish and Wildlife, Fish Management Program, Hatcheries Division, Ford, WA); Combs, Mitch (Washington Department of Fish and Wildlife, Fish Management Program, Hatcheries Division, Kettle Falls, WA)

    2004-01-01

    kokanee and the economic value of the fishery has increased substantially during this 10-year period. The investigations on the lake also suggest that the hatchery and net pen programs have enhanced the Lake Roosevelt fishery while not negatively impacting wild and native stocks within the lake. The 2003 Fourth Annual Two Rivers Trout Derby was again a great success. The harvest and data collection were the highest level to date with 1,668 rainbow trout and 416 kokanee salmon caught. The fishermen continue to praise the volunteer net pen program and the hatchery efforts as 90% of the rainbows and 93% of the kokanee caught were of hatchery origin (Lee, 2003).

  19. Are Public Investment Efficient in Creating Capital Stock in Developing Countries?

    OpenAIRE

    Arestoff, Florence; Hurlin, Christophe

    2010-01-01

    In many poor countries, the problem is not that governments do not invest, but that these investments do not create productive capital. So, the cost of public investments does not correspond to the value of the capital stocks. In this paper, we propose an original non parametric approach to evaluate the efficiency function that links variations (net of depreciation) of stocks to public investments. We consider four sectors (electricity, telecommunications, roads and railways) of two Latin Ame...

  20. Are Public Investment Efficient in Creating Capital Stocks in Developing Countries?

    OpenAIRE

    Christophe Hurlin; Florence Arestoff

    2010-01-01

    In many poor countries, the problem is not that governments do not invest, but that these investments do not create productive capital. So, the cost of public investments does not correspond to the value of the capital stocks. In this paper, we propose an original non parametric approach to evaluate the efficiency function that links variations (net of depreciation) of stocks to public investments. We consider four sectors (electricity, telecommunications, roads and railways) of two Latin Ame...

  1. An economic model of international wood supply, forest stock and forest area change

    Science.gov (United States)

    James A. Turner; Joseph Buongiorno; Shushuai Zhu

    2006-01-01

    Wood supply, the link between roundwood removals and forest resources, is an important component of forest sector models. This paper develops a model of international wood supply within the structure of the spatial equilibrium Global Forest Products Model. The wood supply model determines, for each country, the annual forest harvest, the annual change of forest stock...

  2. Contingent Claim-Based Expected Stock Returns

    OpenAIRE

    Nicholas Zhiyao Chen; Strebulaev, Ilya A.

    2013-01-01

    We develop and test a parsimonious contingent claims model for cross-sectional returns of stock portfolios formed on market leverage, book-to-market equity, asset growth rate, and equity size. Since stocks are residual claims on firms' assets that generate operating cash flows, stock returns are cash flow rates scaled by the sensitivities of stocks to cash flows. Our model performs well because the stock-cash flow sensitivities contain economic information. Value stocks, high-leverage stocks ...

  3. Coal industry annual 1997

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1998-12-01

    Coal Industry Annual 1997 provides comprehensive information about US coal production, number of mines, prices, productivity, employment, productive capacity, and recoverable reserves. US Coal production for 1997 and previous years is based on the annual survey EIA-7A, Coal Production Report. This report presents data on coal consumption, coal distribution, coal stocks, coal prices, and coal quality for Congress, Federal and State agencies, the coal industry, and the general public. Appendix A contains a compilation of coal statistics for the major coal-producing States. This report includes a national total coal consumption for nonutility power producers that are not in the manufacturing, agriculture, mining, construction, or commercial sectors. 14 figs., 145 tabs.

  4. Modest net autotrophy in the oligotrophic ocean

    Science.gov (United States)

    Letscher, Robert T.; Moore, J. Keith

    2017-04-01

    The metabolic state of the oligotrophic subtropical ocean has long been debated. Net community production (NCP) represents the balance of autotrophic carbon fixation with heterotrophic respiration. Many in vitro NCP estimates based on oxygen incubation methods and the corresponding scaling relationships used to predict the ecosystem metabolic balance have suggested the ocean gyres to be net heterotrophic; however, all in situ NCP methods find net autotrophy. Reconciling net heterotrophy requires significant allochthonous inputs of organic carbon to the oligotrophic gyres to sustain a preponderance of respiration over in situ production. Here we use the first global ecosystem-ocean circulation model that contains representation of the three allochthonous carbon sources to the open ocean, to show that the five oligotrophic gyres exhibit modest net autotrophy throughout the seasonal cycle. Annually integrated rates of NCP vary in the range 1.5-2.2 mol O2 m-2 yr-1 across the five gyre systems; however, seasonal NCP rates are as low as 1 ± 0.5 mmol O2 m-2 d-1 for the North Atlantic. Volumetric NCP rates are heterotrophic below the 10% light level; however, they become net autotrophic when integrated over the euphotic zone. Observational uncertainties when measuring these modest autotrophic NCP rates as well as the metabolic diversity encountered across space and time complicate the scaling up of in vitro measurements to the ecosystem scale and may partially explain the previous reports of net heterotrophy. The oligotrophic ocean is autotrophic at present; however, it could shift toward seasonal heterotrophy in the future as rising temperatures stimulate respiration.

  5. 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.

  6. A causality between fund performance and stock market

    Science.gov (United States)

    Kim, Ho-Yong; Kwon, Okyu; Oh, Gabjin

    2016-02-01

    We investigate whether the characteristic fund performance indicators (FPI), such as the fund return, the Net asset value (NAV) and the cash flow, are correlated with the asset price movement using information flows estimated by the Granger causality test. First, we find that the information flow of FPI is most sensitive to extreme events of the Korean stock market, which include negative events such as the sub-prime crisis and the impact of QE (quantitative easing) by the US subprime and Europe financial crisis as well as the positive events of the golden period of Korean Composite Stock Price Index (KOSPI), except for the fund cash flow. Second, both the fund return and the NAV exhibit significant correlations with the KOSPI, whereas the cash flow is not correlated with the stock market. This result suggests that the information resulting from the ability of the fund manager should influence stock market. Finally, during market crisis period, information flows between FPI and the Korean stock market are significantly positively correlated with the market volatility.

  7. What Drives Stock Exchange Integration?

    National Research Council Canada - National Science Library

    Ekaterina Dorodnykh

    2013-01-01

    .... After a broad discussion of the existent literature, the investigation combines a large number of potentially relevant determinants for the explanation of whether stock exchanges are participating...

  8. 12 CFR 925.23 - Excess stock.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 7 2010-01-01 2010-01-01 false Excess stock. 925.23 Section 925.23 Banks and... BANKS Stock Requirements § 925.23 Excess stock. (a) Sale of excess stock. Subject to the restriction in paragraph (b) of this section, a member may purchase excess stock as long as the purchase is approved by the...

  9. 76 FR 75573 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate...

    Science.gov (United States)

    2011-12-02

    ... COMMISSION Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate..., on November 18, 2011, the New York Stock Exchange LLC (``NYSE'' or the ``Exchange'') filed with the... subject to real-time last sale reporting in the United States. The Listing and Annual Fees for debt...

  10. La plataforma .NET

    OpenAIRE

    Fornas Estrada, Miquel

    2008-01-01

    L'aparició de la plataforma .NET Framework ha suposat un canvi molt important en la forma de crear i distribuir aplicacions, degut a que incorpora una sèrie d'innovacions tècniques i productives que simplifiquen molt les tasques necessàries per desenvolupar un projecte. La aparición de la plataforma. NET Framework ha supuesto un cambio muy importante en la forma de crear y distribuir aplicaciones, debido a que incorpora una serie de innovaciones técnicas y productivas que simplifican mucho...

  11. Biological Petri Nets

    CERN Document Server

    Wingender, E

    2011-01-01

    It was suggested some years ago that Petri nets might be well suited to modeling metabolic networks, overcoming some of the limitations encountered by the use of systems employing ODEs (ordinary differential equations). Much work has been done since then which confirms this and demonstrates the usefulness of this concept for systems biology. Petri net technology is not only intuitively understood by scientists trained in the life sciences, it also has a robust mathematical foundation and provides the required degree of flexibility. As a result it appears to be a very promising approach to mode

  12. Temporal Assessment of Growing Stock, Biomass and Carbon Stock of Indian Forests

    Energy Technology Data Exchange (ETDEWEB)

    Manhas, R.K.; Negi, J.D.S.; Chauhan, P.S. [Forest Ecology and Environment Division, Forest Research Institute, Dehradun, 248 006, Uttaranchal (India); Kumar, R. [Forest Survey of India, Dehradun, 248 001, Uttaranchal (India)

    2006-01-15

    The dynamics of terrestrial ecosystems depends on interactions between carbon, nutrient and hydrological cycles. Terrestrial ecosystems retain carbon in live biomass (aboveground and belowground), decomposing organic matter, and soil. Carbon is exchanged naturally between these systems and the atmosphere through photosynthesis, respiration, decomposition, and combustion. Human activities change carbon stock in these pools and exchanges between them and the atmosphere through land-use, land-use change, and forestry. In the present study we estimated the wood (stem) biomass, growing stock (GS) and carbon stock of Indian forests for 1984 and 1994. The forest area, wood biomass, GS, and carbon stock were 63.86 Mha, 4327.99 Mm{sup 3}, 2398.19 Mt and 1085.06 Mt respectively in 1984 and with the reduction in forest area, 63.34 Mha, in 1994, wood biomass (2395.12 Mt) and carbon stock (1083.69 Mt) also reduced subsequently. The Conifers, of temperate region, stocked maximum carbon in their woods, 28.88 to 65.21 t C/ha, followed by Mangrove forests, 28.24 t C/ha, Dipterocarp forests, 28.00 t C/ha, and Shorea robusta forests, 24.07 t C/ha. Boswellia serrata, with 0.22 Mha forest area, stocked only 3.91 t C/ha. To have an idea of rate of carbon loss the negative changes (loss of forest area) in forest area occurred during 1984-1994 (10yrs) and 1991-1994 (4yrs) were also estimated. In India, land-use changes and fuelwood requirements are the main cause of negative change. Total 24.75 Mt C was lost during 1984-1994 and 21.35 Mt C during 1991-94 at a rate of 2.48 Mt C/yr and 5.35 Mt C/yr respectively. While in other parts of India negative change is due to multiple reasons like fuelwood, extraction of non-wood forest products (NWFPs), illicit felling etc., but in the northeastern region of the country shifting cultivation is the only reason for deforestation. Decrease in forest area due to shifting cultivation accounts for 23.0% of the total deforestation in India, with an annual

  13. Petri Nets-Applications

    Indian Academy of Sciences (India)

    Home; Journals; Resonance – Journal of Science Education; Volume 4; Issue 9. Petri Nets - Applications. Y Narahari. General Article Volume 4 Issue 9 September 1999 pp 44-52. Fulltext. Click here to view fulltext PDF. Permanent link: http://www.ias.ac.in/article/fulltext/reso/004/09/0044-0052. Author Affiliations. Y Narahari ...

  14. Safety nets or straitjackets?

    DEFF Research Database (Denmark)

    Ilsøe, Anna

    2012-01-01

    Does regulation of working hours at national and sector level impose straitjackets, or offer safety nets to employees seeking working time flexibility? This article compares legislation and collective agreements in the metal industries of Denmark, Germany and the USA. The industry has historically...

  15. Coloured Petri Nets

    CERN Document Server

    Jensen, Kurt

    2009-01-01

    Coloured Petri Nets (CPN) is a graphical language for modelling and validating concurrent and distributed systems, and other systems in which concurrency plays a major role. This book introduces the constructs of the CPN modelling language and presents the related analysis methods. It provides a comprehensive road map for the practical use of CPN.

  16. Boom Booom Net Radio

    DEFF Research Database (Denmark)

    Grimshaw, Mark Nicholas; Yong, Louisa; Dobie, Ian

    1999-01-01

    of an existing Internet radio station; Boom Booom Net Radio. Whilst necessity dictates some use of technology-related terminology, wherever possible we have endeavoured to keep such jargon to a minimum and to either explain it in the text or to provide further explanation in the appended glossary....

  17. Game Theory .net.

    Science.gov (United States)

    Shor, Mikhael

    2003-01-01

    States making game theory relevant and accessible to students is challenging. Describes the primary goal of GameTheory.net is to provide interactive teaching tools. Indicates the site strives to unite educators from economics, political and computer science, and ecology by providing a repository of lecture notes and tests for courses using…

  18. Coloured Petri Nets

    DEFF Research Database (Denmark)

    Jensen, Kurt; Kristensen, Lars Michael

    Coloured Petri Nets (CPN) is a graphical language for modelling and validating concurrent and distributed systems, and other systems in which concurrency plays a major role. The development of such systems is particularly challenging because of inherent intricacies like possible nondeterminism...

  19. Do More Economists Hold Stocks?

    DEFF Research Database (Denmark)

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

    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...

  20. Seasonal Trends in Lithuanian Stock Market

    Directory of Open Access Journals (Sweden)

    Žaneta Simanavičienė

    2013-11-01

    Full Text Available Purpose of the article is to disentangle different calendar effects which leave efficiency holes in Lithuanian market. This paper presents and tests if commonly described seasonal patterns exist in Lithuanian stock market. Analysis of three different sections: period-of-the-year; week-of-the-month and day-of-the-week, suggests that calendar effects do exist in this market. The multitude of explanations for the seasonal effect leaves the reader confused about its primary cause(s: is it tax-loss selling, window dressing, information, bid-ask bounce, or a combination of these causes? The confusion arises, in part, because evidence has generally been presented in support of a particular hypothesis though the same evidence may be consistent with another hypothesis. Methodology/methods are logical and systemic analysis of research literature based on the comparative and generalization methods as well as statistical methods. Scientific aim of the article is the lack of arguments questioning if market prices operating system is fully effective. Novelty of the paper is to the answer to the question what seasonal anomalies are also present in the stock market of new open economy countries. Findings show that using this modified strategy investor could achieve 20.7% compounded annual growth rate versus 7.8% achieved using simply holding stocks throughout. The hypothesis asserts that returns generally will be greater following the “January effect”. There is limited amount of data for constructing robust seasonal strategies so we modified Buy and Hold strategy with simple rules of using best and worst months to show how they influence OMXV index performance. In the conclusions, empirical results using stock index returns for 2000 - 2010 support the hypothesis in Lithuaian stock market. Abnormal activity of OMXV index’s performance is found in the end of summer and throughout autumn. August is best performer of the year while October is

  1. Sherman Creek Hatchery; Washington Department of Fish and Wildlife Fish Program; 2002 Annual Report.

    Energy Technology Data Exchange (ETDEWEB)

    Combs, Mitch (Washington Department of Fish and Wildlife, Kettle Falls, WA)

    2003-01-01

    period. The investigations on the lake also suggest that the hatchery and net pen programs have enhanced the Lake Roosevelt fishery while not negatively impacting wild and native stocks within the lake. The 2002 Third Annual Two Rivers Trout Derby was again a great success with 529 rainbow trout and 80 kokanee salmon caught. The fishermen had a lot of praise for the volunteer net pen program and the hatchery efforts as 84% of the rainbows and 62% of the kokanee caught were of hatchery origin (Lee, 2002).

  2. Essays on Stock Issuance

    DEFF Research Database (Denmark)

    Kohl, Niklas

    Firms which issue new equity subsequently have lower returns than other firms, but does the strength of the issuance effect vary in the cross section of firms? The essay shows, that US firms with characteristics that makes them “hard to value” have returns which are strongly related to their past...... issuance activity, while the return of “easy to value” firms are less related to their past issuance activity. In most cases the difference between “hard to value” and “easy to value” firms are signiffcant. As proxies for “hard to value”, I use three different types of firm characteristics. First, I...... consider firms for which relatively little information is available as “hard to value”. Examples are firms covered by few analysts and small firms. Second, I consider firms with high levels of analyst disagreement on stock price target, next quarter earnings per share and share recommendation as “hard...

  3. Fiscal Deficits and Stock Prices in India: Empirical Evidence

    Directory of Open Access Journals (Sweden)

    Pooja Joshi

    2015-08-01

    Full Text Available The study aims at examining how fiscal deficits affect the performance of the stock market in India by using annual data from 1988–2012. The study makes use of Ng-Perron unit root tests to check the non-stationarity property of the series; the Auto Regressive Distributed Lag (ARDL bounds test and a Vector Error Correction Model (VECM for testing both short and long run dynamic relationships. The variance decomposition (VDC is used to predict the exogenous shocks of the variables. The findings of the bounds test reveal that the estimated equation and the series are co-integrated. The ARDL results suggest a long run negative relationship exists between budget deficit and stock prices and do not show any significant relationship in the short run. The VECM result shows that fiscal deficits influence the stock price only in the short run. The results of the Variance Decomposition show that stock price movement in the long run is mostly explained by shocks of fiscal deficits. The study implies that the government must adopt appropriate macroeconomic policies to reduce budget deficit, which will result in stock market growth and in turn will lead to the financial development of the country.

  4. Voluntary disclosure of intangible resources and stock profitability

    OpenAIRE

    Macagnan, Clea Beatriz

    2009-01-01

    The present study analyzes the extent of voluntarily disclosed information about intangible resources, in the annual report of companies from Spain’s capital market, as well as the possibility of there being a correlation between that disclosure and the effective profitability of the stock. In methodological terms, the present research has used semiotic analysis, in order to construe indicators and indexes, and the technique of logistic regression, to analyze the probability of the implicatio...

  5. Distribution characteristics of stock market liquidity

    Science.gov (United States)

    Luo, Jiawen; Chen, Langnan; Liu, Hao

    2013-12-01

    We examine the distribution characteristics of stock market liquidity by employing the generalized additive models for location, scale and shape (GAMLSS) model and three-minute frequency data from Chinese stock markets. We find that the BCPE distribution within the GAMLSS framework fits the distributions of stock market liquidity well with the diagnosis test. We also find that the stock market index exhibits a significant impact on the distributions of stock market liquidity. The stock market liquidity usually exhibits a positive skewness, but a normal distribution at a low level of stock market index and a high-peak and fat-tail shape at a high level of stock market index.

  6. Using alternative biological information in stock assessment: condition-corrected natural mortality of Eastern Baltic cod

    DEFF Research Database (Denmark)

    Casini, Michele; Eero, Margit; Carlshamre, Sofia

    2016-01-01

    its survival. We used results from published experimental literature linking cod condition to starvation and mortality, to estimate the annual proportion of cod close to the lethal condition level in the Eastern Baltic cod stock. Thereafter we applied these results to adjust the natural mortality (M...... M = 0.2. This method could be used for adjusting natural mortalities for other cod stocks where changes in condition are observed....

  7. Stock Identification of Columbia River Chinook Salmon and Steelhead Trout, 1986 Final Report.

    Energy Technology Data Exchange (ETDEWEB)

    Schreck, Carl B.; Li, Hiran W.; Hjort, Randy C.

    1986-08-01

    general, upriver brights differ from tules by at least one locus. Steelhead stocks can be divided into two main groups: (1) those stocks found east of the Cascades; and (2) those stocks found west of the Cascade Mountains. Steelhead from west of the Cascades are divisable into three subgroups of closely related stocks: (1) a group comprised mainly of wild winter steelhead from the lower Columbia River; (2) Willamette River hatchery and wild winter steelhead; and (3) summer and winter hatchery steelhead stocks from both the lower Columbia and Willamette Rivers. Steelhead from east of the Cascades are separable into three subgroups of closely related stocks: (1) wild summer steelhead; (2) a group comprised mainly of hatchery summer steelhead stocks; and (3) other hatchery and wild steelhead from Idaho. Streams east and west of the Cascades can be differentiated using characters including precipitation, elevation, distance from the mouth of the Columbia, number of frost-free days and minimum annual air temperature. There are significant differences among the stocks of chinook salmon and steelhead trout for each of the meristic and body shape characters. Between year variation does not account for differences among the stocks for the meristic and body shape characters with the exception of pelvic fin ray number in steelhead trout. Characters based on body shape are important for discriminating between the groups of hatchery and wild steelhead stocks. We could not determine whether the basis for the differences were genetic or environmental. The reason for the variation of the characters among stocks is as yet unclear. Neutrality or adaptiveness has not been firmly demonstrated.

  8. Food Safety Nets:

    OpenAIRE

    Haggblade, Steven; Diallo, Boubacar; Staatz, John; Theriault, Veronique; Traoré, Abdramane

    2013-01-01

    Food and social safety nets have a history as long as human civilization. In hunter gatherer societies, food sharing is pervasive. Group members who prove unlucky in the short run, hunting or foraging, receive food from other households in anticipation of reciprocal consideration at a later time (Smith 1988). With the emergence of the first large sedentary civilizations in the Middle East, administrative systems developed specifically around food storage and distribution. The ancient Egyptian...

  9. Net technical assessment

    OpenAIRE

    Wegmann, David G.

    1989-01-01

    Approved for public release; distribution is unlimited. The present and near term military balance of power between the U.S. and the Soviet Union can be expressed in a variety of net assessments. One can examine the strategic nuclear balance, the conventional balance in Europe, the maritime balance, and many others. Such assessments are essential not only for policy making but for arms control purposes and future force structure planning. However, to project the future military balance, on...

  10. 77 FR 46014 - Main Hawaiian Islands Deep 7 Bottomfish Annual Catch Limits and Accountability Measures for 2012-13

    Science.gov (United States)

    2012-08-02

    ... annual catch limit of 346,000 lb considers the most recent bottomfish stock assessment, risk of...), and input from the public. The proposed annual catch limit is based on a 2010 stock assessment that... forecasting capabilities, and mortality of recreational catch discards associated with high-grading, could...

  11. Using WordNet for Building WordNets

    CERN Document Server

    Farreres, X; Farreres, Xavier; Rodriguez, Horacio; Rigau, German

    1998-01-01

    This paper summarises a set of methodologies and techniques for the fast construction of multilingual WordNets. The English WordNet is used in this approach as a backbone for Catalan and Spanish WordNets and as a lexical knowledge resource for several subtasks.

  12. 78 FR 17023 - Certain Outbound Property Transfers by Domestic Corporations; Certain Stock Distributions by...

    Science.gov (United States)

    2013-03-19

    ... benefit for such liability but the liability reduces the value of the stock received. Accordingly, under... that other tax attributes of the U.S. transferor should also be taken into account in computing inside gain (in particular, net operating losses and foreign tax credits) because those other tax attributes...

  13. Effect of Stocking Density on Growth and Survival of African Catfish ...

    African Journals Online (AJOL)

    African catfish (Clarias gariepinus Burchell, 1882) fry were cultured at three different stocking densities in net hapas (submerged volume 0.75 m3) suspended in an outdoor concrete tank of the Aquaculture and Fisheries Department, University of Agriculture, Abeokuta, Nigeria. Catfish fry (mean weight 0.12 ± 0.10 g) were ...

  14. Decadal change of forest biomass carbon stocks and tree demography in the Delaware River Basin

    Science.gov (United States)

    Bing Xu; Yude Pan; Alain F. Plante; Arthur Johnson; Jason Cole; Richard Birdsey

    2016-01-01

    Quantifying forest biomass carbon (C) stock change is important for understanding forest dynamics and their feedbacks with climate change. Forests in the northeastern U.S. have been a net carbon sink in recent decades, but C accumulation in some northern hardwood forests has been halted due to the impact of emerging stresses such as invasive pests, land use change and...

  15. Soil carbon stock change in the forests of Denmark between 1990 and 2008

    DEFF Research Database (Denmark)

    Callesen, Ingeborg; Stupak, Inge; Georgiadis, Petros

    2015-01-01

    may also reflect net C mineralization as an adaptation to the current more aerobic drainage regime of soils that were frequently water saturated in previous centuries. Plots afforested after 1954 and ranging in stand age from 7 to 42 years had accumulated forest floors with an average stock of 0.3 ± 0...

  16. Northern peatland carbon stocks and dynamics: a review

    Directory of Open Access Journals (Sweden)

    Z. C. Yu

    2012-10-01

    Full Text Available Peatlands contain a large belowground carbon (C stock in the biosphere, and their dynamics have important implications for the global carbon cycle. However, there are still large uncertainties in C stock estimates and poor understanding of C dynamics across timescales. Here I review different approaches and associated uncertainties of C stock estimates in the literature, and on the basis of the literature review my best estimate of C stocks and uncertainty is 500 ± 100 (approximate range gigatons of C (Gt C in northern peatlands. The greatest source of uncertainty for all the approaches is the lack or insufficient representation of data, including depth, bulk density and carbon accumulation data, especially from the world's large peatlands. Several ways to improve estimates of peat carbon stocks are also discussed in this paper, including the estimates of C stocks by regions and further utilizations of widely available basal peat ages.

    Changes in peatland carbon stocks over time, estimated using Sphagnum (peat moss spore data and down-core peat accumulation records, show different patterns during the Holocene, and I argue that spore-based approach underestimates the abundance of peatlands in their early histories. Considering long-term peat decomposition using peat accumulation data allows estimates of net carbon sequestration rates by peatlands, or net (ecosystem carbon balance (NECB, which indicates more than half of peat carbon (> 270 Gt C was sequestrated before 7000 yr ago during the Holocene. Contemporary carbon flux studies at 5 peatland sites show much larger NECB during the last decade (32 ± 7.8 (S.E. g C m−2 yr–1 than during the last 7000 yr (∼ 11 g C m−2 yr–1, as modeled from peat records across northern peatlands. This discrepancy highlights the urgent need for carbon accumulation data and process understanding, especially at decadal and centennial timescales

  17. How to Determine Optimal Stock in Production

    Directory of Open Access Journals (Sweden)

    Mojca Jerman

    2013-02-01

    Full Text Available RQ: The purpose of the research was to determine the optimal ordering of materials in production, time of ordering and calculating the cost.Purpose: Determination of the optimal order quantity, time and cost of concrete material and optimize the organization and storage.Method: Method of data collection was secondary theoretical sources and data collection on projected needs and value of materials as well as data analysis with EOQ model calculations.Results: The optimal amount of screws was calculated that was estimated at 36,000 pieces that can be ordered every 28 days. In addition, the annual costs of maintaining inventories were calculated to € 357.77.Organization: By optimizing inventory, stock increases are prevented as well as production halts are avoided.Society: Introducing the system of optimization and implementing it into practice.Originality: Originality is in presenting a concrete case of using the EOQ model.Limitations: Unexpected increase in capacity due to increased demand, inventory stock and state of finances.

  18. Nordel annual report 2003

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2004-06-01

    Nordel is a body for co-operation between the transmission system operators (TSO's) in Denmark, Finland, Iceland, Norway and Sweden with the primary objective to create conditions for and develop an efficient and harmonised Nordic electricity market, regardless of national borders. Furthermore, Nordel serves as forum for contact between the TSOs and representatives of the market players in the Nordic countries. The statistical part of Nordel's annual report includes data about: Exchange of electricity; Gross consumption; Electricity generation; Installed capacity; Generation of condensing power; Net consumption; Transmission capacity; Pumped storage power; Losses; Occasional power to electric boilers; Total consumption; CHP generation. (BA)

  19. Centennial evolution of aluminum in-use stocks on our aluminized planet.

    Science.gov (United States)

    Liu, Gang; Müller, Daniel B

    2013-05-07

    A dynamic material flow model was developed to simulate the evolution of global aluminum stocks in geological reserve and anthropogenic reservoir from 1900 to 2010 on a country level. The contemporary global aluminum stock in use (0.6 Gt or 90 kg/capita) has reached about 10% of that in known bauxite reserves and represents an embodied energy amount that is equivalent to three-quarters of the present global annual electricity consumption. The largest proportions of in-use stock are located in the U.S. (28%), China (15%), Japan (7%), and Germany (6%) and in sectors of building and construction (40%) and transportation (27%). Industrialized countries have shown similar patterns of aluminum in-use stock growth: once the per-capita stocks have reached a threshold level of 50 kg, they kept a near linear annual growth of 5-10 kg/capita; no clear signs of saturation can yet be observed. The present aluminum in-use stocks vary widely across countries: approximately 100-600 kg/capita in industrialized countries and below 100 kg/capita in developing countries. The growing global aluminum in-use stock has significant implications on future aluminum demand and provides important recycling opportunities that will be critical for greenhouse gas emissions mitigation in the aluminum industry in the coming decades.

  20. Climate Warming Can Increase Soil Carbon Fluxes Without Decreasing Soil Carbon Stocks in Boreal Forests

    Science.gov (United States)

    Ziegler, S. E.; Benner, R. H.; Billings, S. A.; Edwards, K. A.; Philben, M. J.; Zhu, X.; Laganiere, J.

    2016-12-01

    Ecosystem C fluxes respond positively to climate warming, however, the net impact of changing C fluxes on soil organic carbon (SOC) stocks over decadal scales remains unclear. Manipulative studies and global-scale observations have informed much of the existing knowledge of SOC responses to climate, providing insights on relatively short (e.g. days to years) and long (centuries to millennia) time scales, respectively. Natural climate gradient studies capture integrated ecosystem responses to climate on decadal time scales. Here we report the soil C reservoirs, fluxes into and out of those reservoirs, and the chemical composition of inputs and soil organic matter pools along a mesic boreal forest climate transect. The sites studied consist of similar forest composition, successional stage, and soil moisture but differ by 5.2°C mean annual temperature. Carbon fluxes through these boreal forest soils were greatest in the lowest latitude regions and indicate that enhanced C inputs can offset soil C losses with warming in these forests. Respiration rates increased by 55% and the flux of dissolved organic carbon from the organic to mineral soil horizons tripled across this climate gradient. The 2-fold increase in litterfall inputs to these soils coincided with a significant increase in the organic horizon C stock with warming, however, no significant difference in the surface mineral soil C stocks was observed. The younger mean age of the mineral soil C ( 70 versus 330 YBP) provided further evidence for the greater turnover of SOC in the warmer climate soils. In spite of these differences in mean radiocarbon age, mineral SOC exhibited chemical characteristics of highly decomposed material across all regions. In contrast with depth trends in soil OM diagenetic indices, diagenetic shifts with latitude were limited to increases in C:N and alkyl to O-alkyl ratios in the overlying organic horizons in the warmer relative to the colder regions. These data indicate that the

  1. Proof nets for lingusitic analysis

    NARCIS (Netherlands)

    Moot, R.C.A.

    2002-01-01

    This book investigates the possible linguistic applications of proof nets, redundancy free representations of proofs, which were introduced by Girard for linear logic. We will adapt the notion of proof net to allow the formulation of a proof net calculus which is soundand complete for the

  2. Teaching Tennis for Net Success.

    Science.gov (United States)

    Young, Bryce

    1989-01-01

    A program for teaching tennis to beginners, NET (Net Easy Teaching) is described. The program addresses three common needs shared by tennis students: active involvement in hitting the ball, clearing the net, and positive reinforcement. A sample lesson plan is included. (IAH)

  3. Net4Care Ecosystem Website

    DEFF Research Database (Denmark)

    Christensen, Henrik Bærbak; Hansen, Klaus Marius; Rasmussen, Morten

    2012-01-01

    is a tele-monitoring scenario in which Net4Care clients are deployed in a gateway in private homes. Medical devices then connect to these gateways and transmit their observations to a Net4Care server. In turn the Net4Care server creates valid clinical HL7 documents, stores them in a national XDS repository...

  4. Registration of annual ryegrass genetic stock IL2

    Science.gov (United States)

    A diploid (2n=2x=14) Lolium multiflorum, designated IL2, represents a single plant selection from an IL1 population segregating for male-sterility. IL2 exhibits an elevated level of pollen sterility compared to individuals comprising the IL1 population and has been evaluated and identified to produc...

  5. Changes In Stock Returns And Trading Volume Of American Depositary Receipts Around Their U.S. Stock Exchange Listing Switches

    National Research Council Canada - National Science Library

    Kam C Chan; Annie Wong

    2012-01-01

    .... stock exchange to a more prestigious U.S. stock exchange; namely from the NASDAQ or American Stock Exchange to the New York Stock Exchange or from the American Stock Exchange to the NASDAQ since year 2000...

  6. Stocks low, marketers confident

    Energy Technology Data Exchange (ETDEWEB)

    Mantho, M. [ed.

    1997-01-01

    This has been a nerve wracking season as we looked at inadequate inventory spurring prices ever upward. We have watched the American Petroleum Association`s figures on refiner stocks with considerable dismay as they consistantly fell behind year ago inventory. The anxiety extended to how much oil was in marketers` bulkplants and finally in customer tanks. And so, we asked our reporting panel to help us get a fix on how much oil was available for our customers. We asked the questions in early November and so all our figures are for that month. First we asked the capacity of their bulk tanks. And then how many gallons they had on hand November 1, 1996 and the same date of 1995. From these figures, we were able to get estimates of oil inventories. Marketers bulk tanks were 47.5% filled on November 1 which meant that there was on hand at this level, 36 gallons of heating oil for each customer. At that point in the season, customer tanks were 58% filled which translated into 218 gallons.

  7. Disagreement and the Stock Market

    National Research Council Canada - National Science Library

    Hong, Harrison; Stein, Jeremy C

    2007-01-01

    ...); we also see longer-run fundamental reversion—the tendency for "glamour" stocks with high ratios of market value to earnings, cashflows, or book value to deliver weak returns over the subsequent several years...

  8. Based on BP Neural Network Stock Prediction

    Science.gov (United States)

    Liu, Xiangwei; Ma, Xin

    2012-01-01

    The stock market has a high profit and high risk features, on the stock market analysis and prediction research has been paid attention to by people. Stock price trend is a complex nonlinear function, so the price has certain predictability. This article mainly with improved BP neural network (BPNN) to set up the stock market prediction model, and…

  9. 12 CFR 725.5 - Capital stock.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Capital stock. 725.5 Section 725.5 Banks and... ADMINISTRATION CENTRAL LIQUIDITY FACILITY § 725.5 Capital stock. (a) The capital stock of the Facility is divided... or hypothecated except to the Facility. (b) The capital stock subscriptions provided for in §§ 725.3...

  10. Contagion and REIT Stock Prices

    OpenAIRE

    Chinmoy Ghosh; Randall S. Guttery; C. F. Sirmans

    1998-01-01

    This article investigates the contagious movement of real estate investment trust (REIT) stock prices in response to real estate news related to financial institutions' real estate portfolios. The basic hypothesis is that because real estate assets are traded infrequently, the market has incomplete information about their true value; thus, REIT stock prices react negatively to announcements of poorly performing real estate portfolios of financial institutions. Consistent with the hypothesis, ...

  11. Master Robotic Net

    Directory of Open Access Journals (Sweden)

    Vladimir Lipunov

    2010-01-01

    Full Text Available The main goal of the MASTER-Net project is to produce a unique fast sky survey with all sky observed over a single night down to a limiting magnitude of 19-20. Such a survey will make it possible to address a number of fundamental problems: search for dark energy via the discovery and photometry of supernovae (including SNIa, search for exoplanets, microlensing effects, discovery of minor bodies in the Solar System, and space-junk monitoring. All MASTER telescopes can be guided by alerts, and we plan to observe prompt optical emission from gamma-ray bursts synchronously in several filters and in several polarization planes.

  12. Art/Net/Work

    DEFF Research Database (Denmark)

    Andersen, Christian Ulrik; Lindstrøm, Hanne

    2006-01-01

    The seminar Art|Net|Work deals with two important changes in our culture. On one side, the network has become essential in the latest technological development. The Internet has entered a new phase, Web 2.0, including the occurrence of as ‘Wiki’s’, ‘Peer-2-Peer’ distribution, user controlled...... the praxis of the artist. We see different kinds of interventions and activism (including ‘hacktivism’) using the network as a way of questioning the invisible rules that govern public and semi-public spaces. Who ‘owns’ them? What kind of social relationships do they generate? On what principle...

  13. Attribution of Net Carbon Change by Disturbance Type across Forest Lands of the Continental United States

    Science.gov (United States)

    Hagen, S. C.; Harris, N.; Saatchi, S. S.; Domke, G. M.; Woodall, C. W.; Pearson, T.

    2016-12-01

    We generated spatially comprehensive maps of carbon stocks and net carbon changes from US forestlands between 2005 and 2010 and attributed the changes to natural and anthropogenic processes. The prototype system created to produce these maps is designed to assist with national GHG inventories and support decisions associated with land management. Here, we present the results and methodological framework of our analysis. In summary, combining estimates of net C losses and gains results in net carbon change of 269±49 Tg C yr-1 (sink) in the coterminous US forest land, with carbon loss from harvest acting as the predominent source process.

  14. Stock Analysis of S.C. ROPHARMA S.A. the Example of Romanian Pharmaceutical Entity

    Directory of Open Access Journals (Sweden)

    Mihaela-Cristina ONICA

    2011-11-01

    Full Text Available Stock performance analysis can not find a better place than after presentation of earnings per share, the latter being one of the indicators on the performance of companies listed on capital markets. Exchange rates are considered final term market performance of listed companies since they incorporate information concerning stock, but also financial and accounting data on the net result for the year, sales per share, dividend per share, book value per share, etc. Stock rate of action is the barometer of a company's overall performance, officially recognized by the public through the capital market. But changes in stock price is determined by the evolution of economic and financial results of the enterprise, but also investors' expectations about the possibilities of its development, progress and prospects the industry in which company operates, and national and international economic trends.

  15. Estimating uncertainty of data limited stock assessments

    DEFF Research Database (Denmark)

    Kokkalis, Alexandros; Eikeset, Anne Maria; Thygesen, Uffe Høgsbro

    2017-01-01

    Many methods exist to assess the fishing status of data-limited stocks; however, little is known about the accuracy or the uncertainty of such assessments. Here we evaluate a new size-based data-limited stock assessment method by applying it to well-assessed, data-rich fish stocks treated as data......-limited. Particular emphasis is put on providing uncertainty estimates of the data-limited assessment. We assess four cod stocks in the North-East Atlantic and compare our estimates of stock status (F/Fmsy) with the official assessments. The estimated stock status of all four cod stocks followed the established stock...... assessments remarkably well and the official assessments fell well within the uncertainty bounds. The estimation of spawning stock biomass followed the same trends as the official assessment, but not the same levels. We conclude that the data-limited assessment method can be used for stock assessment...

  16. Coal industry annual 1993

    Energy Technology Data Exchange (ETDEWEB)

    1994-12-06

    Coal Industry Annual 1993 replaces the publication Coal Production (DOE/FIA-0125). This report presents additional tables and expanded versions of tables previously presented in Coal Production, including production, number of mines, Productivity, employment, productive capacity, and recoverable reserves. This report also presents data on coal consumption, coal distribution, coal stocks, coal prices, coal quality, and emissions for a wide audience including the Congress, Federal and State agencies, the coal industry, and the general public. In addition, Appendix A contains a compilation of coal statistics for the major coal-producing States. This report does not include coal consumption data for nonutility Power Producers who are not in the manufacturing, agriculture, mining, construction, or commercial sectors. This consumption is estimated to be 5 million short tons in 1993.

  17. Annual energy review 1994

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1995-07-01

    This 13th edition presents the Energy Information Administration`s historical energy statistics. For most series, statistics are given for every year from 1949 through 1994; thus, this report is well-suited to long-term trend analyses. It covers all major energy activities, including consumption, production, trade, stocks, and prices for all major energy commodities, including fossil fuels and electricity. Statistics on renewable energy sources are also included: this year, for the first time, usage of renewables by other consumers as well as by electric utilities is included. Also new is a two-part, comprehensive presentation of data on petroleum products supplied by sector for 1949 through 1994. Data from electric utilities and nonutilities are integrated as ``electric power industry`` data; nonutility power gross generation are presented for the first time. One section presents international statistics (for more detail see EIA`s International Energy Annual).

  18. A TEST OF GRAHAM'S AND LYNCH'S STOCK SCREENING CRITERIA ON SHARES TRADED ON THE INDONESIAN STOCK EXCHANGE (IDX

    Directory of Open Access Journals (Sweden)

    Dwi Kartikasari

    2016-01-01

    Full Text Available Benjamin Graham and Peter Lynch listed criteria for screening stocks, which investors could use to identify undervalued stocks that would outperform the market. Numerous tests have been conducted in the United States and other countries, but not yet in Indonesia. Thus, the author aims to test the applicability of Graham’s and Lynch’s formulation on shares traded on the Indonesian Stock Exchange (IDX by screening stocks that meet the various sets of Graham's and Lynch's criteria and then measuring the performance of the portfolios over the years from 2010 to 2014. The author uses a simple linear regression to measure the performance of the portfolios against the IDX Composite (IHSG. The author discovered that investors who used the combined criteria of Lynch earned positive risk-adjusted returns, of 28.81 percent per year in 2010-2012 and 27.33 percent per year in 2012-2014. While investors who used a combination of two of Graham’s criteria obtained significant risk-adjusted returns of 47.55 percent annually in 2010-2012 and 5.92 percent annually in 2012-2014. However, investors who implemented a combination of three of Graham’s criteria did not earn positive risk-adjusted returns consistently during the research period. The increasingly complex criteria do not improve the performance of the portfolios, because when more criteria are used, less and less stocks can meet the criteria, hence the portfolios become more volatile and investors do not enjoy the benefits from diversification.

  19. Helminth.net: expansions to Nematode.net and an introduction to Trematode.net

    Science.gov (United States)

    Martin, John; Rosa, Bruce A.; Ozersky, Philip; Hallsworth-Pepin, Kymberlie; Zhang, Xu; Bhonagiri-Palsikar, Veena; Tyagi, Rahul; Wang, Qi; Choi, Young-Jun; Gao, Xin; McNulty, Samantha N.; Brindley, Paul J.; Mitreva, Makedonka

    2015-01-01

    Helminth.net (http://www.helminth.net) is the new moniker for a collection of databases: Nematode.net and Trematode.net. Within this collection we provide services and resources for parasitic roundworms (nematodes) and flatworms (trematodes), collectively known as helminths. For over a decade we have provided resources for studying nematodes via our veteran site Nematode.net (http://nematode.net). In this article, (i) we provide an update on the expansions of Nematode.net that hosts omics data from 84 species and provides advanced search tools to the broad scientific community so that data can be mined in a useful and user-friendly manner and (ii) we introduce Trematode.net, a site dedicated to the dissemination of data from flukes, flatworm parasites of the class Trematoda, phylum Platyhelminthes. Trematode.net is an independent component of Helminth.net and currently hosts data from 16 species, with information ranging from genomic, functional genomic data, enzymatic pathway utilization to microbiome changes associated with helminth infections. The databases’ interface, with a sophisticated query engine as a backbone, is intended to allow users to search for multi-factorial combinations of species’ omics properties. This report describes updates to Nematode.net since its last description in NAR, 2012, and also introduces and presents its new sibling site, Trematode.net. PMID:25392426

  20. Gold versus stock investment: An econometric analysis

    OpenAIRE

    Martin Surya Mulyadi; Yunita Anwar

    2012-01-01

    It is important to have a portfolio in investment to diversify the investment to different kinds of instruments. Based on previous research, it is concluded that gold is a good portfolio diversifier, a hedge against stock and safe haven in extreme stock market condition. As an investment instrument, stock is exposed to macroeconomic risks and global stock market risks. In this research, we conduct a comparison between the stock investment and gold investment by using the probit econometric mo...

  1. NETS FOR PEACH PROTECTED CULTIVATION

    Directory of Open Access Journals (Sweden)

    Evelia Schettini

    2012-06-01

    Full Text Available The aim of this paper was to investigate the radiometric properties of coloured nets used to protect a peach cultivation. The modifications of the solar spectral distribution, mainly in the R and FR wavelength band, influence plant photomorphogenesis by means of the phytochrome and cryptochrome. The phytochrome response is characterized in terms of radiation rate in the red wavelengths (R, 600-700 nm to that in the farred radiation (FR, 700-800 nm, i.e. the R/FR ratio. The effects of the blue radiation (B, 400-500 nm is investigated by the ratio between the blue radiation and the far-red radiation, i.e. the B/FR ratio. A BLUE net, a RED net, a YELLOW net, a PEARL net, a GREY net and a NEUTRAL net were tested in Bari (Italy, latitude 41° 05’ N. Peach trees were located in pots inside the greenhouses and in open field. The growth of the trees cultivated in open field was lower in comparison to the growth of the trees grown under the nets. The RED, PEARL, YELLOW and GREY nets increased the growth of the trees more than the other nets. The nets positively influenced the fruit characteristics, such as fruit weight and flesh firmness.

  2. Profitability of Contrarian Strategies in the Chinese Stock Market.

    Directory of Open Access Journals (Sweden)

    Huai-Long Shi

    Full Text Available This paper reexamines the profitability of loser, winner and contrarian portfolios in the Chinese stock market using monthly data of all stocks traded on the Shanghai Stock Exchange and Shenzhen Stock Exchange covering the period from January 1997 to December 2012. We find evidence of short-term and long-term contrarian profitability in the whole sample period when the estimation and holding horizons are 1 month or longer than 12 months and the annualized return of contrarian portfolios increases with the estimation and holding horizons. We perform subperiod analysis and find that the long-term contrarian effect is significant in both bullish and bearish states, while the short-term contrarian effect disappears in bullish states. We compare the performance of contrarian portfolios based on different grouping manners in the estimation period and unveil that decile grouping outperforms quintile grouping and tertile grouping, which is more evident and robust in the long run. Generally, loser portfolios and winner portfolios have positive returns and loser portfolios perform much better than winner portfolios. Both loser and winner portfolios in bullish states perform better than those in the whole sample period. In contrast, loser and winner portfolios have smaller returns in bearish states, in which loser portfolio returns are significant only in the long term and winner portfolio returns become insignificant. These results are robust to the one-month skipping between the estimation and holding periods and for the two stock exchanges. Our findings show that the Chinese stock market is not efficient in the weak form. These findings also have obvious practical implications for financial practitioners.

  3. Profitability of Contrarian Strategies in the Chinese Stock Market.

    Science.gov (United States)

    Shi, Huai-Long; Jiang, Zhi-Qiang; Zhou, Wei-Xing

    2015-01-01

    This paper reexamines the profitability of loser, winner and contrarian portfolios in the Chinese stock market using monthly data of all stocks traded on the Shanghai Stock Exchange and Shenzhen Stock Exchange covering the period from January 1997 to December 2012. We find evidence of short-term and long-term contrarian profitability in the whole sample period when the estimation and holding horizons are 1 month or longer than 12 months and the annualized return of contrarian portfolios increases with the estimation and holding horizons. We perform subperiod analysis and find that the long-term contrarian effect is significant in both bullish and bearish states, while the short-term contrarian effect disappears in bullish states. We compare the performance of contrarian portfolios based on different grouping manners in the estimation period and unveil that decile grouping outperforms quintile grouping and tertile grouping, which is more evident and robust in the long run. Generally, loser portfolios and winner portfolios have positive returns and loser portfolios perform much better than winner portfolios. Both loser and winner portfolios in bullish states perform better than those in the whole sample period. In contrast, loser and winner portfolios have smaller returns in bearish states, in which loser portfolio returns are significant only in the long term and winner portfolio returns become insignificant. These results are robust to the one-month skipping between the estimation and holding periods and for the two stock exchanges. Our findings show that the Chinese stock market is not efficient in the weak form. These findings also have obvious practical implications for financial practitioners.

  4. From berries to blocks: carbon stock quantification of a California vineyard.

    Science.gov (United States)

    Morandé, Jorge Andres; Stockert, Christine M; Liles, Garrett C; Williams, John N; Smart, David R; Viers, Joshua H

    2017-12-01

    Quantifying terrestrial carbon (C) stocks in vineyards represents an important opportunity for estimating C sequestration in perennial cropping systems. Considering 7.2 M ha are dedicated to winegrape production globally, the potential for annual C capture and storage in this crop is of interest to mitigate greenhouse gas emissions. In this study, we used destructive sampling to measure C stocks in the woody biomass of 15-year-old Cabernet Sauvignon vines from a vineyard in California's northern San Joaquin Valley. We characterize C stocks in terms of allometric variation between biomass fractions of roots, aboveground wood, canes, leaves and fruits, and then test correlations between easy-to-measure variables such as trunk diameter, pruning weights and harvest weight to vine biomass fractions. Carbon stocks at the vineyard block scale were validated from biomass mounds generated during vineyard removal. Total vine C was estimated at 12.3 Mg C ha-1, of which 8.9 Mg C ha-1 came from perennial vine biomass. Annual biomass was estimated at 1.7 Mg C ha-1 from leaves and canes and 1.7 Mg C ha-1 from fruit. Strong, positive correlations were found between the diameter of the trunk and overall woody C stocks (R2 = 0.85), pruning weights and leaf and fruit C stocks (R2 = 0.93), and between fruit weight and annual C stocks (R2 = 0.96). Vineyard C partitioning obtained in this study provides detailed C storage estimations in order to understand the spatial and temporal distribution of winegrape C. Allometric equations based on simple and practical biomass and biometric measurements could enable winegrape growers to more easily estimate existing and future C stocks by scaling up from berries and vines to vineyard blocks.

  5. From berries to blocks: carbon stock quantification of a California vineyard

    Directory of Open Access Journals (Sweden)

    Jorge Andres Morandé

    2017-02-01

    Full Text Available Abstract Background Quantifying terrestrial carbon (C stocks in vineyards represents an important opportunity for estimating C sequestration in perennial cropping systems. Considering 7.2 M ha are dedicated to winegrape production globally, the potential for annual C capture and storage in this crop is of interest to mitigate greenhouse gas emissions. In this study, we used destructive sampling to measure C stocks in the woody biomass of 15-year-old Cabernet Sauvignon vines from a vineyard in California’s northern San Joaquin Valley. We characterize C stocks in terms of allometric variation between biomass fractions of roots, aboveground wood, canes, leaves and fruits, and then test correlations between easy-to-measure variables such as trunk diameter, pruning weights and harvest weight to vine biomass fractions. Carbon stocks at the vineyard block scale were validated from biomass mounds generated during vineyard removal. Results Total vine C was estimated at 12.3 Mg C ha−1, of which 8.9 Mg C ha−1 came from perennial vine biomass. Annual biomass was estimated at 1.7 Mg C ha−1 from leaves and canes and 1.7 Mg C ha−1 from fruit. Strong, positive correlations were found between the diameter of the trunk and overall woody C stocks (R2 = 0.85, pruning weights and leaf and fruit C stocks (R2 = 0.93, and between fruit weight and annual C stocks (R2 = 0.96. Conclusions Vineyard C partitioning obtained in this study provides detailed C storage estimations in order to understand the spatial and temporal distribution of winegrape C. Allometric equations based on simple and practical biomass and biometric measurements could enable winegrape growers to more easily estimate existing and future C stocks by scaling up from berries and vines to vineyard blocks.

  6. Stock price forecasting for companies listed on Tehran stock exchange using multivariate adaptive regression splines model and semi-parametric splines technique

    Science.gov (United States)

    Rounaghi, Mohammad Mahdi; Abbaszadeh, Mohammad Reza; Arashi, Mohammad

    2015-11-01

    One of the most important topics of interest to investors is stock price changes. Investors whose goals are long term are sensitive to stock price and its changes and react to them. In this regard, we used multivariate adaptive regression splines (MARS) model and semi-parametric splines technique for predicting stock price in this study. The MARS model as a nonparametric method is an adaptive method for regression and it fits for problems with high dimensions and several variables. semi-parametric splines technique was used in this study. Smoothing splines is a nonparametric regression method. In this study, we used 40 variables (30 accounting variables and 10 economic variables) for predicting stock price using the MARS model and using semi-parametric splines technique. After investigating the models, we select 4 accounting variables (book value per share, predicted earnings per share, P/E ratio and risk) as influencing variables on predicting stock price using the MARS model. After fitting the semi-parametric splines technique, only 4 accounting variables (dividends, net EPS, EPS Forecast and P/E Ratio) were selected as variables effective in forecasting stock prices.

  7. The equivalency between logic Petri workflow nets and workflow nets.

    Science.gov (United States)

    Wang, Jing; Yu, ShuXia; Du, YuYue

    2015-01-01

    Logic Petri nets (LPNs) can describe and analyze batch processing functions and passing value indeterminacy in cooperative systems. Logic Petri workflow nets (LPWNs) are proposed based on LPNs in this paper. Process mining is regarded as an important bridge between modeling and analysis of data mining and business process. Workflow nets (WF-nets) are the extension to Petri nets (PNs), and have successfully been used to process mining. Some shortcomings cannot be avoided in process mining, such as duplicate tasks, invisible tasks, and the noise of logs. The online shop in electronic commerce in this paper is modeled to prove the equivalence between LPWNs and WF-nets, and advantages of LPWNs are presented.

  8. Strategic Petroleum Reserve annual report for calendar year 1998

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1998-12-31

    The Strategic Petroleum Reserve was established in 1975 as an emergency response to the 1973 Arab oil embargo. It is authorized by the Energy Policy and Conservation Act (EPCA), and by the comprehensive energy plans of all Administrations since 1975, in recognition of the long-term dependence of the US on imported crude oil and petroleum products. Section 165 of EPCA requires the Secretary of Energy to submit an Annual Report to the President and the Congress. On May 13, 1998, the Department published a Statement of Administration Policy which reaffirmed its commitment to maintain a Government-owned and controlled, centrally located Strategic Petroleum Reserve of crude oil. The Reserve is to be used solely for responding to the types of severe oil supply interruptions presently contemplated in EPCA. Over the past twenty years, the Reserve has grown as large as 592 million barrels--a peak reached in 1994. From 1994 to 1996, nearly 28 million barrels were sold to raise revenues for the U S Treasury. As of December 31, 1998, the crude oil inventory was 561,108,127 barrels which equated to 60 days of net oil imports during 1998. The US now relies on a combination of both the Reserve and private stocks to meet its oil storage obligations to the International Energy Agency.

  9. Coloured Petri Nets

    DEFF Research Database (Denmark)

    Jensen, Kurt; Kristensen, Lars Michael

    studies that illustrate the practical use of CPN modelling and validation for design, specification, simulation, verification and implementation in various application domains. Their presentation primarily aims at readers interested in the practical use of CPN. Thus all concepts and constructs are first......Coloured Petri Nets (CPN) is a graphical language for modelling and validating concurrent and distributed systems, and other systems in which concurrency plays a major role. The development of such systems is particularly challenging because of inherent intricacies like possible nondeterminism...... and the immense number of possible execution sequences. In this textbook, Jensen and Kristensen introduce the constructs of the CPN modelling language and present the related analysis methods in detail. They also provide a comprehensive road map for the practical use of CPN by showcasing selected industrial case...

  10. Carbon stocks and fluxes in managed peatlands in northern Borneo

    Science.gov (United States)

    Arn Teh, Yit; Manning, Frances; Cook, Sarah; Zin Zawawi, Norliyana; Sii, Longwin; Hill, Timothy; Page, Susan; Whelan, Mick; Evans, Chris; Gauci, Vincent; Chocholek, Melanie; Khoon Kho, Lip

    2017-04-01

    Oil palm is the largest agricultural crop in the tropics and accounts for 13 % of current tropical land area. Patterns of land-atmosphere exchange from oil palm ecosystems therefore have potentially important implications for regional and global C budgets due to the large scale of land conversion. This is particularly true for oil palm plantations on peat because of the large C stocks held by tropical peat soils that are potential sensitivity to human disturbance. Here we report preliminary findings on C stocks and fluxes from a long-term, multi-scale project in Sarawak, Malaysia that aims to quantify the impacts of oil palm conversion on C and greenhouse gas fluxes from oil palm recently established on peat. Land-atmosphere fluxes were determined using a combination of top-down and bottom-up methods (eddy covariance, canopy/stem and soil flux measurements, net primary productivity). Fluvial fluxes were determined by quantifying rates of dissolved and particulate organic C export. Ecosystem C dynamics were determined using the intensive C plot method, which quantified all major C stocks and fluxes, including plant and soil stocks, leaf litterfall, aboveground biomass production, root production, stem/canopy respiration, root-rhizosphere respiration, and heterotrophic soil respiration. Preliminary analysis indicates that vegetative aboveground biomass in these 7 year old plantations was 8.9-11.9 Mg C ha-1, or approximately one-quarter of adjacent secondary forest. Belowground biomass was 5.6-6.5 Mg C ha-1; on par with secondary forests. Soil C stocks in the 0-30 cm depth was 233.1-240.8 Mg C ha-1, or 32-36% greater than soil C stocks in secondary forests at the same depth (176.8 Mg C ha-1). Estimates of vegetative aboveground and belowground net primary productivity were 1.3-1.7 Mg C ha-1 yr-1 and 0.8-0.9 Mg C ha-1 yr-1, respectively. Fruit brunch production was approximately 67 Mg C ha-1over 7 yearsor 9.6 Mg C ha-1 yr-1. Total soil respiration rates were 18 Mg C ha

  11. Geo-Referenced, Abundance Calibrated Ocean Distribution of Chinook Salmon (Oncorhynchus tshawytscha Stocks across the West Coast of North America.

    Directory of Open Access Journals (Sweden)

    M Renee Bellinger

    Full Text Available Understanding seasonal migration and localized persistence of populations is critical for effective species harvest and conservation management. Pacific salmon (genus Oncorhynchus forecasting models predict stock composition, abundance, and distribution during annual assessments of proposed fisheries impacts. Most models, however, fail to account for the influence of biophysical factors on year-to-year fluctuations in migratory distributions and stock-specific survival. In this study, the ocean distribution and relative abundance of Chinook salmon (O. tshawytscha stocks encountered in the California Current large marine ecosystem, U.S.A were inferred using catch-per-unit effort (CPUE fisheries and genetic stock identification data. In contrast to stock distributions estimated through coded-wire-tag recoveries (typically limited to hatchery salmon, stock-specific CPUE provides information for both wild and hatchery fish. Furthermore, in contrast to stock composition results, the stock-specific CPUE metric is independent of other stocks and is easily interpreted over multiple temporal or spatial scales. Tests for correlations between stock-specific CPUE and stock composition estimates revealed these measures diverged once proportional contributions of locally rare stocks were excluded from data sets. A novel aspect of this study was collection of data both in areas closed to commercial fisheries and during normal, open commercial fisheries. Because fishing fleet efficiency influences catch rates, we tested whether CPUE differed between closed area (non-retention and open area (retention data sets. A weak effect was indicated for some, but not all, analyzed cases. Novel visualizations produced from stock-specific CPUE-based ocean abundance facilitates consideration of how highly refined, spatial and genetic information could be incorporated in ocean fisheries management systems and for investigations of biogeographic factors that influence

  12. Geo-Referenced, Abundance Calibrated Ocean Distribution of Chinook Salmon (Oncorhynchus tshawytscha) Stocks across the West Coast of North America.

    Science.gov (United States)

    Bellinger, M Renee; Banks, Michael A; Bates, Sarah J; Crandall, Eric D; Garza, John Carlos; Sylvia, Gil; Lawson, Peter W

    2015-01-01

    Understanding seasonal migration and localized persistence of populations is critical for effective species harvest and conservation management. Pacific salmon (genus Oncorhynchus) forecasting models predict stock composition, abundance, and distribution during annual assessments of proposed fisheries impacts. Most models, however, fail to account for the influence of biophysical factors on year-to-year fluctuations in migratory distributions and stock-specific survival. In this study, the ocean distribution and relative abundance of Chinook salmon (O. tshawytscha) stocks encountered in the California Current large marine ecosystem, U.S.A were inferred using catch-per-unit effort (CPUE) fisheries and genetic stock identification data. In contrast to stock distributions estimated through coded-wire-tag recoveries (typically limited to hatchery salmon), stock-specific CPUE provides information for both wild and hatchery fish. Furthermore, in contrast to stock composition results, the stock-specific CPUE metric is independent of other stocks and is easily interpreted over multiple temporal or spatial scales. Tests for correlations between stock-specific CPUE and stock composition estimates revealed these measures diverged once proportional contributions of locally rare stocks were excluded from data sets. A novel aspect of this study was collection of data both in areas closed to commercial fisheries and during normal, open commercial fisheries. Because fishing fleet efficiency influences catch rates, we tested whether CPUE differed between closed area (non-retention) and open area (retention) data sets. A weak effect was indicated for some, but not all, analyzed cases. Novel visualizations produced from stock-specific CPUE-based ocean abundance facilitates consideration of how highly refined, spatial and genetic information could be incorporated in ocean fisheries management systems and for investigations of biogeographic factors that influence migratory

  13. Annual Energy Review 1993

    Energy Technology Data Exchange (ETDEWEB)

    1994-07-14

    This twelfth edition of the Annual Energy Review (AER) presents the Energy Information Administration`s historical energy statistics. For most series, statistics are given for every year from 1949 through 1993. Because coverage spans four and a half decades, the statistics in this report are well-suited to long-term trend analyses. The AER is comprehensive. It covers all major energy activities, including consumption, production, trade, stocks, and prices, for all major energy commodities, including fossil fuels and electricity. The AER also presents Energy Information Administration (EIA) statistics on some renewable energy sources. EIA estimates that its consumption series include about half of the renewable energy used in the United States. For a more complete discussion of EIA`s renewables data, see p. xix, ``Introducing Expanded Coverage of Renewable Energy Data Into the Historical Consumption Series.`` Copies of the 1993 edition of the Annual Energy Review may be obtained by using the order form in the back of this publication. Most of the data in the 1993 edition also are available on personal computer diskette. For more information about the diskettes, see the back of this publication. In addition, the data are available as part of the National Economic, Social, and Environmental Data Bank on a CD-ROM. For more information about the data bank, contact the US Department of Commerce Economics and Statistics Administration, on 202-482-1986.

  14. Estimation on the First Cycle of the Annual Forest Inventory System: Methods, Preliminary Results, and Observations

    Science.gov (United States)

    Mark H. Hansen; Gary J. Brand; Daniel G. Wendt; Ronald E. McRoberts

    2001-01-01

    The first year of annual FIA data collection in the North Central region was completed for 1999 in Indiana, Iowa, Minnesota, and Missouri. Estimates of timberland area, total growing-stock volume and growing-stock volume per acre are presented. These estimates are based on data from 1 year, collected at the base Federal inventory intensity, a lower intensity sample...

  15. 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......We use synthetic data generated by a prototypical stochastic growth model to assess the accuracy of the Solow residual (Solow, 1957) as a measure of total factor productivity (TFP) growth when the capital stock in use is measured with error. We propose two alternative measurements based on current...

  16. Stocking Density Optimization for Enhanced Bioconversion of Fly Ash Enriched Vermicompost.

    Science.gov (United States)

    Mupambwa, Hupenyu A; Mnkeni, Pearson N S

    2016-05-01

    Although it is widely agreed that stocking density critically affects the rate of vermicomposting, there is no established stocking density for mixtures of fly ash and other waste materials. This study sought to optimize (Savigny, 1826) stocking density for effective biodegradation and nutrient release in a fly ash-cow dung-waste paper (FCP) mixture. Four stocking densities of 0, 12.5, 25, and 37.5 g worms kg were evaluated. Although the 12.5, 25, and 37.5 g worms kg treatments all resulted in a mature vermicompost, stocking densities of 25 and 37.5 g worms kg resulted in faster maturity, higher humification parameters, and a significantly lower final C/N ratio (range 11.1-10.4). The activity of β-glucosidase and fluorescein diacetate hydrolysis enzymes showed faster stabilization at stocking densities of 25 and 37.5 g worms kg, indicating compost stability and maturity. Similarly, a stocking density of 25 g worms kg resulted in the highest release of Olsen-extractable P and (NO + NO)-N contents. The 0-, 12.5-, 25-, and 37.5-g treatments resulted in net Olsen P increases of 16.3, 38.9, 61.0, and 53.0%, respectively, after 10 wk. Although compost maturity could be attained at stocking densities of 12.5 g worms kg, for faster production of humified and nutrient-rich FCP vermicompost, a stocking density of 25 g worms kg seems most appropriate. Copyright © by the American Society of Agronomy, Crop Science Society of America, and Soil Science Society of America, Inc.

  17. Global climate change and terrestrial net primary production

    Science.gov (United States)

    Melillo, Jerry M.; Mcguire, A. D.; Kicklighter, David W.; Moore, Berrien, III; Vorosmarty, Charles J.; Schloss, Annette L.

    1993-01-01

    A process-based model was used to estimate global patterns of net primary production and soil nitrogen cycling for contemporary climate conditions and current atmospheric CO2 concentration. Over half of the global annual net primary production was estimated to occur in the tropics, with most of the production attributable to tropical evergreen forest. The effects of CO2 doubling and associated climate changes were also explored. The responses in tropical and dry temperate ecosystems were dominated by CO2, but those in northern and moist temperate ecosystems reflected the effects of temperature on nitrogen availability.

  18. Evaluating and optimizing stock enhancement of natural flatfish stock

    NARCIS (Netherlands)

    Sparrevohn, C.R.

    2008-01-01

    The overall objective of this thesis is to evaluate and optimize a stock enhancement program of natural population of flatfish in which artificially reared fish are released in coastal areas using turbot (Psetta maxima) as model. Biological and ecological criteria are developed to evaluate the

  19. Volatility measurement with directional change in Chinese stock market: Statistical property and investment strategy

    Science.gov (United States)

    Ma, Junjun; Xiong, Xiong; He, Feng; Zhang, Wei

    2017-04-01

    The stock price fluctuation is studied in this paper with intrinsic time perspective. The event, directional change (DC) or overshoot, are considered as time scale of price time series. With this directional change law, its corresponding statistical properties and parameter estimation is tested in Chinese stock market. Furthermore, a directional change trading strategy is proposed for invest in the market portfolio in Chinese stock market, and both in-sample and out-of-sample performance are compared among the different method of model parameter estimation. We conclude that DC method can capture important fluctuations in Chinese stock market and gain profit due to the statistical property that average upturn overshoot size is bigger than average downturn directional change size. The optimal parameter of DC method is not fixed and we obtained 1.8% annual excess return with this DC-based trading strategy.

  20. Influence of stocking, site quality, stand age, low-severity canopy disturbance, and forest composition on sub-boreal aspen mixedwood carbon stocks

    Science.gov (United States)

    Reinikainen, Michael; D’Amato, Anthony W.; Bradford, John B.; Fraver, Shawn

    2014-01-01

    Low-severity canopy disturbance presumably influences forest carbon dynamics during the course of stand development, yet the topic has received relatively little attention. This is surprising because of the frequent occurrence of such events and the potential for both the severity and frequency of disturbances to increase as a result of climate change. We investigated the impacts of low-severity canopy disturbance and average insect defoliation on forest carbon stocks and rates of carbon sequestration in mature aspen mixedwood forests of varying stand age (ranging from 61 to 85 years), overstory composition, stocking level, and site quality. Stocking level and site quality positively affected the average annual aboveground tree carbon increment (CAAI), while stocking level, site quality, and stand age positively affected tree carbon stocks (CTREE) and total ecosystem carbon stocks (CTOTAL). Cumulative canopy disturbance (DIST) was reconstructed using dendroecological methods over a 29-year period. DIST was negatively and significantly related to soil carbon (CSOIL), and it was negatively, albeit marginally, related to CTOTAL. Minima in the annual aboveground carbon increment of trees (CAI) occurred at sites during defoliation of aspen (Populus tremuloides Michx.) by forest tent caterpillar (Malacosoma disstria Hubner), and minima were more extreme at sites dominated by trembling aspen than sites mixed with conifers. At sites defoliated by forest tent caterpillar in the early 2000s, increased sequestration by the softwood component (Abies balsamea (L.) Mill. and Picea glauca (Moench) Voss) compensated for overall decreases in CAI by 17% on average. These results underscore the importance of accounting for low-severity canopy disturbance events when developing regional forest carbon models and argue for the restoration and maintenance of historically important conifer species within aspen mixedwoods to enhance stand-level resilience to disturbance agents and maintain

  1. Chronic stress due to high stocking density in open sea cage farming induces variation in biochemical and immunological functions in Asian seabass (Lates calcarifer, Bloch).

    Science.gov (United States)

    Sadhu, Narasimhulu; Sharma, S R Krupesha; Joseph, Shoji; Dube, Praveen; Philipose, K K

    2014-08-01

    Stocking density is an important factor in cage aquaculture of finfish. Effects of high stocking density (35 fish cubic m(-1)) on a range of biochemical and immunological parameters in Asian seabass reared in open sea floating net cages were compared to fish held in relatively low density (15 fish cubic m(-1)). The results revealed that chronic stress due to high stocking density induced variations in most of the parameters studied as evidenced by increased cortisol and glucose levels and decreased activity of lysozyme, myeloperoxidase and complement. Production of reactive oxygen species, total leucocyte count and total serum protein were also decreased, whereas anti-protease, alkaline phosphatase and acid phosphatase activities were increased in high stocking-density group when compared to low stocking-density group. Effects of chronic stress due to high stocking density were discussed in relation to variations in these parameters.

  2. Distribution patterns, stock size and life-history strategies of cape ...

    African Journals Online (AJOL)

    Research surveys of Cape horse mackerel Trachurus trachurus capensis abundance on the south coast of South Africa are complicated because changes in the species' vertical and horizontal distribution limit the value of stock assessments based a single survey method. Annual bottom trawl surveys conducted in spring ...

  3. Stock Market Expectations of Dutch Households.

    Science.gov (United States)

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

    2011-04-01

    Despite its importance for the analysis of life-cycle behavior and, in particular, retirement planning, stock ownership by private households is poorly understood. Among other approaches to investigate this puzzle, recent research has started to elicit private households' expectations of stock market returns. This paper reports findings from a study that collected data over a two-year period both on households' stock market expectations (subjective probabilities of gains or losses) and on whether they own stocks. We document substantial heterogeneity in financial market expectations. Expectations are correlated with stock ownership. Over the two years of our data, stock market prices increased, and expectations of future stock market price changes also increased, lending support to the view that expectations are influenced by recent stock gains or losses.

  4. Linear Logic on Petri Nets

    DEFF Research Database (Denmark)

    Engberg, Uffe Henrik; Winskel, Glynn

    This article shows how individual Petri nets form models of Girard's intuitionistic linear logic. It explores questions of expressiveness and completeness of linear logic with respect to this interpretation. An aim is to use Petri nets to give an understanding of linear logic and give some apprai...

  5. Reference Guide Microsoft.NET

    NARCIS (Netherlands)

    Zee M van der; Verspaij GJ; Rosbergen S; IMP; NMD

    2003-01-01

    Developers, administrators and managers can get more understanding of the .NET technology with this report. They can also make better choices how to use this technology. The report describes the results and conclusions of a study of the usability for the RIVM of this new generation .NET development

  6. Net neutrality and audiovisual services

    NARCIS (Netherlands)

    van Eijk, N.; Nikoltchev, S.

    2011-01-01

    Net neutrality is high on the European agenda. New regulations for the communication sector provide a legal framework for net neutrality and need to be implemented on both a European and a national level. The key element is not just about blocking or slowing down traffic across communication

  7. 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

  8. The liquidity of energy stocks

    NARCIS (Netherlands)

    Sklavos, Konstantinos; Dam, Lammertjan; Scholtens, Bert

    This study investigates the dynamics of stock market liquidity in the energy industry in the US for 130 firms for the period 2006-2011. We use a (structural) vector autoregression approach to model the simultaneous relationships between three liquidity measures, namely turnover, price impact and

  9. 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

  10. A Small Universal Petri Net

    Directory of Open Access Journals (Sweden)

    Dmitry A. Zaitsev

    2013-09-01

    Full Text Available A universal deterministic inhibitor Petri net with 14 places, 29 transitions and 138 arcs was constructed via simulation of Neary and Woods' weakly universal Turing machine with 2 states and 4 symbols; the total time complexity is exponential in the running time of their weak machine. To simulate the blank words of the weakly universal Turing machine, a couple of dedicated transitions insert their codes when reaching edges of the working zone. To complete a chain of a given Petri net encoding to be executed by the universal Petri net, a translation of a bi-tag system into a Turing machine was constructed. The constructed Petri net is universal in the standard sense; a weaker form of universality for Petri nets was not introduced in this work.

  11. Stock Market Prediction using Social Media Analysis

    OpenAIRE

    Bahceci, Oktay; Alsing, Oscar

    2015-01-01

    Stock Forecasting is commonly used in different forms everyday in order to predict stock prices. Sentiment Analysis (SA), Machine Learning (ML) and Data Mining (DM) are techniques that have recently become popular in analyzing public emotion in order to predict future stock prices. The algorithms need data in big sets to detect patterns, and the data has been collected through a live stream for the tweet data, together with web scraping for the stock data. This study examined how three organi...

  12. 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

  13. 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

  14. Enhanced top soil carbon stocks under organic farming

    Science.gov (United States)

    Gattinger, Andreas; Muller, Adrian; Haeni, Matthias; Skinner, Colin; Fliessbach, Andreas; Buchmann, Nina; Mäder, Paul; Stolze, Matthias; Smith, Pete; Scialabba, Nadia El-Hage; Niggli, Urs

    2012-01-01

    It has been suggested that conversion to organic farming contributes to soil carbon sequestration, but until now a comprehensive quantitative assessment has been lacking. Therefore, datasets from 74 studies from pairwise comparisons of organic vs. nonorganic farming systems were subjected to metaanalysis to identify differences in soil organic carbon (SOC). We found significant differences and higher values for organically farmed soils of 0.18 ± 0.06% points (mean ± 95% confidence interval) for SOC concentrations, 3.50 ± 1.08 Mg C ha−1 for stocks, and 0.45 ± 0.21 Mg C ha−1 y−1 for sequestration rates compared with nonorganic management. Metaregression did not deliver clear results on drivers, but differences in external C inputs and crop rotations seemed important. Restricting the analysis to zero net input organic systems and retaining only the datasets with highest data quality (measured soil bulk densities and external C and N inputs), the mean difference in SOC stocks between the farming systems was still significant (1.98 ± 1.50 Mg C ha−1), whereas the difference in sequestration rates became insignificant (0.07 ± 0.08 Mg C ha−1 y−1). Analyzing zero net input systems for all data without this quality requirement revealed significant, positive differences in SOC concentrations and stocks (0.13 ± 0.09% points and 2.16 ± 1.65 Mg C ha−1, respectively) and insignificant differences for sequestration rates (0.27 ± 0.37 Mg C ha−1 y−1). The data mainly cover top soil and temperate zones, whereas only few data from tropical regions and subsoil horizons exist. Summarizing, this study shows that organic farming has the potential to accumulate soil carbon. PMID:23071312

  15. Enhanced top soil carbon stocks under organic farming.

    Science.gov (United States)

    Gattinger, Andreas; Muller, Adrian; Haeni, Matthias; Skinner, Colin; Fliessbach, Andreas; Buchmann, Nina; Mäder, Paul; Stolze, Matthias; Smith, Pete; Scialabba, Nadia El-Hage; Niggli, Urs

    2012-10-30

    It has been suggested that conversion to organic farming contributes to soil carbon sequestration, but until now a comprehensive quantitative assessment has been lacking. Therefore, datasets from 74 studies from pairwise comparisons of organic vs. nonorganic farming systems were subjected to metaanalysis to identify differences in soil organic carbon (SOC). We found significant differences and higher values for organically farmed soils of 0.18 ± 0.06% points (mean ± 95% confidence interval) for SOC concentrations, 3.50 ± 1.08 Mg C ha(-1) for stocks, and 0.45 ± 0.21 Mg C ha(-1) y(-1) for sequestration rates compared with nonorganic management. Metaregression did not deliver clear results on drivers, but differences in external C inputs and crop rotations seemed important. Restricting the analysis to zero net input organic systems and retaining only the datasets with highest data quality (measured soil bulk densities and external C and N inputs), the mean difference in SOC stocks between the farming systems was still significant (1.98 ± 1.50 Mg C ha(-1)), whereas the difference in sequestration rates became insignificant (0.07 ± 0.08 Mg C ha(-1) y(-1)). Analyzing zero net input systems for all data without this quality requirement revealed significant, positive differences in SOC concentrations and stocks (0.13 ± 0.09% points and 2.16 ± 1.65 Mg C ha(-1), respectively) and insignificant differences for sequestration rates (0.27 ± 0.37 Mg C ha(-1) y(-1)). The data mainly cover top soil and temperate zones, whereas only few data from tropical regions and subsoil horizons exist. Summarizing, this study shows that organic farming has the potential to accumulate soil carbon.

  16. 27 CFR 24.217 - Vinegar stock.

    Science.gov (United States)

    2010-04-01

    ... 27 Alcohol, Tobacco Products and Firearms 1 2010-04-01 2010-04-01 false Vinegar stock. 24.217... OF THE TREASURY LIQUORS WINE Production of Other Than Standard Wine § 24.217 Vinegar stock. Vinegar stock may be produced on bonded wine premises with the addition of any quantity of water desired to meet...

  17. 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) This account shall include the par value, stated amount, or in the case of no-par stock, the amount...

  18. 47 CFR 32.4530 - Treasury stock.

    Science.gov (United States)

    2010-10-01

    ... 47 Telecommunication 2 2010-10-01 2010-10-01 false Treasury stock. 32.4530 Section 32.4530... FOR TELECOMMUNICATIONS COMPANIES Instructions for Balance Sheet Accounts § 32.4530 Treasury stock. This account shall include the cost of the company's own capital stock which has been issued and...

  19. Stocking, growth, and yield of oak stands

    Science.gov (United States)

    Samuel F. Gingrich

    1971-01-01

    An appraisal of stocking in even-aged upland oak stands is a prerequisite for determining the cultural needs of a given stand. Most oak stands have sufficient stocking to utilize the site, but are deficient in high-quality trees. Thinning such stands offers a good opportunity to upgrade the relative quality of the growing stock and enhance the growth and yield...

  20. On the dynamics of the stocks of blue mussels ( Mytilus edulis L.) in the Danish Wadden Sea

    DEFF Research Database (Denmark)

    Munch-Petersen, Sten; Kristensen, Per Sand

    2001-01-01

    As biological basis for the monitoring programme for the commercially exploited stock(s) of mussels (Mytilus edulis L.) in the Danish Wadden Sea, samples of mussels have been collected regularly since 1986, both from sub-tidal and inter- tidal mussel beds. These samples are the basis for the esti......As biological basis for the monitoring programme for the commercially exploited stock(s) of mussels (Mytilus edulis L.) in the Danish Wadden Sea, samples of mussels have been collected regularly since 1986, both from sub-tidal and inter- tidal mussel beds. These samples are the basis...... with figures from other investigations. These analyses have been the basis for annual assessments of the mussel stocks, which again are used in the current management of mussel fishery in the Danish Wadden Sea....

  1. The Difference Between Stock Splits and Stock Dividends - Evidence from Denmark

    DEFF Research Database (Denmark)

    Raaballe, Johannes; Bechmann, Ken L.

    2007-01-01

    This paper investigates stock dividends and stock splits on the Copenhagen Stock Exchange (CSE), which is of interest because several of the more recent explanations for a stock market reaction can be ruled out. The main findings are that the announcement effect of stock dividends as well as stock...... a retained earnings/signaling hypothesis. For stock splits, no separate announcement effect was found when a firm's payout policy was controlled for. This lends support to the idea that a stock split per se is a cosmetic event on the CSE and is also consistent with the fact that making a stock split...... to a significant announcement effect of 4.23%. Firms announcing a stock dividend with a split factor of two or more also increase total cash dividends permanently, but less than proportionally to the increase in share capital. This leads to an insignificant announcement effect of 0.08%. These findings support...

  2. Determinants of Stock Price Movements: Evidence from Chittagong Stock Exchange, Bangladesh

    OpenAIRE

    Mohammed Syedul Islam; Evana Nusrat Dooty

    2015-01-01

    Stock market plays a vital role in the economic development of an economy. It bridges up between savers and real manufacturers by raising funds from investors to companies. This process was broken down due to the 2010-2011 stock market crash in Bangladesh. Though the determinants of stock price have been settled empirically, the current paper aims to reexamine the relationship between stock price, dividend and retained earnings of 29 listed banks of Chittagong Stock Exchange, in the post-cras...

  3. 26 CFR 1.306-3 - Section 306 stock defined.

    Science.gov (United States)

    2010-04-01

    ... in business in the United States. (i) Section 306 shall be inapplicable to stock received before June... a stock dividend, or the stock is received in exchange for section 306 stock. If, in a transaction to which section 356 is applicable, a shareholder exchanges section 306 stock for stock and money or...

  4. High-level Petri Nets

    DEFF Research Database (Denmark)

    High-level Petri nets are now widely used in both theoretical analysis and practical modelling of concurrent systems. The main reason for the success of this class of net models is that they make it possible to obtain much more succinct and manageable descriptions than can be obtained by means...... of low-level Petri nets - while, on the other hand, they still offer a wide range of analysis methods and tools. The step from low-level nets to high-level nets can be compared to the step from assembly languages to modern programming languages with an elaborated type concept. In low-level nets...... there is only one kind of token and this means that the state of a place is described by an integer (and in many cases even by a boolean). In high-level nets each token can carry a complex information/data - which, e.g., may describe the entire state of a process or a data base. Today most practical...

  5. 77 FR 70857 - Self-Regulatory Organizations; The NASDAQ Stock Market LLC; Notice of Designation of Longer...

    Science.gov (United States)

    2012-11-27

    ... for Commission Action on Proposed Rule Change With Respect to INAV Pegged Orders for ETFs November 21... 4751(f)(4) to include a new Intraday Net Asset Value (``INAV'') Pegged Order for Exchange-Traded Funds... NASDAQ Rule 4751(f)(4) to create a new INAV Pegged Order type for U.S. Component Stock ETFs. Accordingly...

  6. Stock Market Manipulation on the Hong Kong Stock Exchange

    Directory of Open Access Journals (Sweden)

    Dionigi Gerace

    2014-10-01

    Full Text Available This study is the first to empirically examine stock market manipulation on the Hong Kong Stock Exchange. The dataset contains 40 cases of market manipulation from 1996 to 2009 that were successfully prosecuted by the Hong Kong Securities & Futures Commission. Manipulation is found to negatively impact market efficiency measures such as the bid-ask spread and volatility. Markets appear incapable of efficiently responding to the presence of manipulators and are characterised by information asymmetry. Manipulators were successfully able to raise prices and exit the market. This finding contradicts views that trade-based manipulation is entirely unprofitable and self-deterring. The victimisation of information-seeking investors and the market as a whole provides a strong rationale for all jurisdictions, including Australia, to have effective laws that prohibit manipulation and for robust enforcement of those laws to further deter market manipulation.

  7. Net ecosystem productivity, net primary productivity and ecosystem carbon sequestration in a Pinus radiata plantation subject to soil water deficit

    Energy Technology Data Exchange (ETDEWEB)

    Arneth, A.; Kelleher, F. M. [Lincoln Univ., Soil Sience Dept., Lincoln, (New Zealand); McSeveny, T. M. [Manaaki Whenua-Landcare Research, Lincoln, (New Zealand); Byers, J. N. [Almuth Arneth Landcare Research, Lincoln (New Zealand)

    1998-12-01

    Tree carbon uptake (net primary productivity excluding fine root turnover, NPP`) in pine trees growing in a region of New Zealand subject to summer soil water deficit was investigated jointly with canopy assimilation (A{sub c}) and ecosystem-atmosphere carbon exchange rate (net ecosystem productivity, NEP). Canopy assimilation and NEP were used to drive a biochemically-based and environmentally constrained model validated by seasonal eddy covariance measurements. Over a three year period with variable rainfall annual NPP` and NEP showed significant variations. At the end of the growing season, carbon was mostly allocated to wood, with nearly half to stems and about a quarter to coarse roots. On a biweekly basis NPP` lagged behind A{sub c}, suggesting the occurrence of intermediate carbon storage. On an annual basis, however the NPP`/A{sub c} ratio indicated a conservative allocation of carbon to autotrophic respiration. The combination of data from measurements with canopy and ecosystem carbon fluxes yielded an estimate of heterotrophic respiration (NPP`-NEP) of approximately 30 per cent of NPP` and 50 per cent NEP. The annual values of NEP and NPP` can also be used to derive a `best guess` estimate of the annual below-ground carbon turnover rate, assuming that the annual changes in the soil carbon content is negligible. 46 refs., 7 figs.

  8. Whole Farm Net Greenhouse Gas Abatement from Establishing Kikuyu-Based Perennial Pastures in South-Western Australia

    Directory of Open Access Journals (Sweden)

    David G. Masters

    2012-08-01

    Full Text Available On-farm activities that reduce GHG emissions or sequester carbon from the atmosphere to compensate for anthropogenic emissions are currently being evaluated by the Australian Government as carbon offset opportunities. The aim of this study was to examine the implications of establishing and grazing Kikuyu pastures, integrated as part of a mixed Merino sheep and cropping system, as a carbon offset mechanism. For the assessment of changes in net greenhouse gas emissions, results from a combination of whole farm economic and livestock models were used (MIDAS and GrassGro. Net GHG emissions were determined by deducting increased emissions from introducing this practice change (increased methane and nitrous oxide emissions due to higher stocking rates from the soil carbon sequestered from growing the Kikuyu pasture. Our results indicate that livestock systems using perennial pastures may have substantially lower net GHG emissions, and reduced GHG intensity of production, compared with annual plant-based production systems. Soil carbon accumulation by converting 45% of arable land within a farm enterprise to Kikuyu-based pasture was determined to be 0.80 t CO2-e farm ha−1 yr−1 and increased GHG emissions (leakage was 0.19 t CO2-e farm ha−1 yr−1. The net benefit of this practice change was 0.61 t CO2-e farm ha−1 yr−1 while the rate of soil carbon accumulation remains constant. The use of perennial pastures improved the efficiency of animal production almost eight fold when expressed as carbon dioxide equivalent emissions per unit of animal product. The strategy of using perennial pasture to improve production levels and store additional carbon in the soil demonstrates how livestock should be considered in farming systems as both sources and sinks for GHG abatement.

  9. Load Matching and Grid Interaction of Net Zero Energy Buildings

    DEFF Research Database (Denmark)

    Voss, Karsten; Sartori, Igor; Napolitano, Assunta

    2010-01-01

    of seasonal energy storage on-site. Even though the wording “Net Zero Energy Building” focuses on the annual energy balance, large differences may occur between solution sets in the amount of grid interaction needed to reach the goal. The paper reports on the analysis of example buildings concerning the load...... matching and grid interaction. Indices to describe both issues are proposed and foreseen as part of a harmonized definition framework. The work is part of subtask A of the IEA SHCP Task40/ECBCS Annex 52: “Towards Net Zero Energy Solar Buildings”.......“Net Zero Energy Building” has become a prominent wording to describe the synergy of energy efficient building and renewable energy utilization to reach a balanced energy budget over a yearly cycle. Taking into account the energy exchange with a grid infrastructure overcomes the limitations...

  10. Pro asynchronous programming with .NET

    CERN Document Server

    Blewett, Richard; Ltd, Rock Solid Knowledge

    2014-01-01

    Pro Asynchronous Programming with .NET teaches the essential skill of asynchronous programming in .NET. It answers critical questions in .NET application development, such as: how do I keep my program responding at all times to keep my users happy how do I make the most of the available hardware how can I improve performanceIn the modern world, users expect more and more from their applications and devices, and multi-core hardware has the potential to provide it. But it takes carefully crafted code to turn that potential into responsive, scalable applications.With Pro Asynchronous Programming

  11. Conformal Nets II: Conformal Blocks

    Science.gov (United States)

    Bartels, Arthur; Douglas, Christopher L.; Henriques, André

    2017-08-01

    Conformal nets provide a mathematical formalism for conformal field theory. Associated to a conformal net with finite index, we give a construction of the `bundle of conformal blocks', a representation of the mapping class groupoid of closed topological surfaces into the category of finite-dimensional projective Hilbert spaces. We also construct infinite-dimensional spaces of conformal blocks for topological surfaces with smooth boundary. We prove that the conformal blocks satisfy a factorization formula for gluing surfaces along circles, and an analogous formula for gluing surfaces along intervals. We use this interval factorization property to give a new proof of the modularity of the category of representations of a conformal net.

  12. CARBON STOCKS AND STOCK CHANGES IN AGROFORESTRY PRACTICES: A REVIEW

    Directory of Open Access Journals (Sweden)

    Humphrey Agevi

    2017-05-01

    Full Text Available Trees on farmlands and agricultural lands play a crucial role in small holder farmers’ livelihoods in addition to carbon regulation through carbon sequestration. These trees have received much attention recently due to their contribution to climate change mitigation through carbon storage. Quantification of carbon stocks in these trees has always proven difficult due to the spatial extent of these trees and methodological difficulties encountered during measurement. This paper reviews a number of studies done in quantification of biomass and soil carbon stocks in agroforestry within tropics. Most appropriate method employed in determination of carbon stock changes is through use of allometric equations. The equations use parameters like diameter at breast height (DBH, height, crown area which can be measured during field inventory. DBH has always proven to be the best parameter to be used in the equation since it is easy to measure and it does not need expensive equipments.  Apart from trees, soils in agricultural lands have the capacity to store carbon and help mitigate effects of climate change. It then identifies the gap that future research can be done for accurate carbon quantification.

  13. What stock market returns to expect for the future?

    Science.gov (United States)

    Diamond, P A

    2000-01-01

    . But lower savings as growth slows should partially or fully offset that effect. The present high stock prices, together with projected slow economic growth, are not consistent with a 7.0 percent return. With a plausible level of adjusted dividends (dividends plus net share repurchases), the ratio of stock value to gross domestic product (GDP) would rise more than 20-fold over 75 years. Similarly, the steady-state Gordon formula--that stock returns equal the adjusted dividend yield plus the growth rate of stock prices (equal to that of GDP)--suggests a return of roughly 4.0 percent to 4.5 percent. Moreover, when relative stock values have been high, returns over the following decade have tended to be low. To eliminate the inconsistency posed by the assumed 7.0 percent return, one could assume higher GDP growth, a lower long-run stock return, or a lower short-run stock return with a 7.0 percent return on a lower base thereafter. For example, with an adjusted dividend yield of 2.5 percent to 3.0 percent, the market would have to decline about 35 percent to 45 percent in real terms over the next decade to reach steady state. In short, either the stock market is overvalued and requires a correction to justify a 7.0 percent return thereafter, or it is correctly valued and the long-run return is substantially lower than 7.0 percent (or some combination). This article argues that the "overvalued" view is more convincing, since the "correctly valued" hypothesis implies an implausibly small equity premium. Although OCACT could adopt a lower rate for the entire 75-year period, a better approach would be to assume lower returns over the next decade and a 7.0 percent return thereafter.

  14. Does Employee Stock Ownership Work?

    DEFF Research Database (Denmark)

    Kato, Takao; Miyajima, Hideaki; Owan, Hideo

    studies, we focus on the effects of changes in varying attributes of existing ESO—the effects on the intensive margin. Our fixed effect estimates show that an increase in the strength of the existing ESO plans measured by stake per employee results in statistically significant productivity gains......This paper provides novel evidence on the effects of employee stock ownership (ESO), using new panel data on Japanese ESO plans for a highly representative sample of publicly-traded firms in Japan (covering more than 75% of all firms listed on Tokyo Stock Exchange) over 1989-2013. Unlike most prior....... Furthermore, such productivity gains are found to lead to profitability gains since wage gains from ESO plans are statistically significant yet rather modest. Our analysis of Tobin's Q suggests that the market tends to view such gains from ESO plans as permanent. We further find that increasing the stake...

  15. Petri Net Tool Overview 1986

    DEFF Research Database (Denmark)

    Jensen, Kurt; Feldbrugge, Frits

    1987-01-01

    This paper provides an overview of the characteristics of all currently available net based tools. It is a compilation of information provided by tool authors or contact persons. A concise one page overview is provided as well....

  16. PolicyNet Publication System

    Data.gov (United States)

    Social Security Administration — The PolicyNet Publication System project will merge the Oracle-based Policy Repository (POMS) and the SQL-Server CAMP system (MSOM) into a new system with an Oracle...

  17. KM3NeT

    CERN Multimedia

    KM3NeT is a large scale next-generation neutrino telescope located in the deep waters of the Mediterranean Sea, optimized for the discovery of galactic neutrino sources emitting in the TeV energy region.

  18. Net Neutrality: Background and Issues

    National Research Council Canada - National Science Library

    Gilroy, Angele A

    2006-01-01

    .... The move to place restrictions on the owners of the networks that compose and provide access to the Internet, to ensure equal access and nondiscriminatory treatment, is referred to as "net neutrality...

  19. 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.

  20. 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....

  1. Petri Nets in Cryptographic Protocols

    DEFF Research Database (Denmark)

    Crazzolara, Federico; Winskel, Glynn

    2001-01-01

    A process language for security protocols is presented together with a semantics in terms of sets of events. The denotation of process is a set of events, and as each event specifies a set of pre and postconditions, this denotation can be viewed as a Petri net. By means of an example we illustrate...... how the Petri-net semantics can be used to prove security properties....

  2. The Economics of Net Neutrality

    OpenAIRE

    Hahn, Robert W.; Wallsten, Scott

    2006-01-01

    This essay examines the economics of "net neutrality" and broadband Internet access. We argue that mandating net neutrality would be likely to reduce economic welfare. Instead, the government should focus on creating competition in the broadband market by liberalizing more spectrum and reducing entry barriers created by certain local regulations. In cases where a broadband provider can exercise market power the government should use its antitrust enforcement authority to police anticompetitiv...

  3. Strategic Planning for the National Bridge Stock of Iran

    Directory of Open Access Journals (Sweden)

    Ali Sahrapeyma

    2013-06-01

    Full Text Available The National Bridge Stock of Iran consists of about 330,000 bridges, of which around 50% are older than 30 years. Since 2010, Iran Road Maintenance & Transportation Organization has started implementing a comprehensive Bridge Management System in order to manage this aged stock efficiently. To predict future conditions of bridge stock, a heuristic numerical method is presented. This methodology is based on Markovian process to model deterioration of bridge decks and a multi-objective optimization problem to find the best solutions. The optimization problem involves three decision variables regarding management strategies, and has three objectives regarding cost minimization. Constraints of the problem are the percentage of deficient bridges, the percentage of bridges under MR&Rs (Maintenance, Repair and Rehabilitation and the average value of condition scores. The results show that to avoid future challenges, the annual budget for bridge maintenance should be increased, the current maintenance strategy should be improved as soon as possible, and national manuals and instructions for inspection, condition rating and maintenance should be developed.

  4. Observations on the status of bass Dicentrarchus Labrax stocks in Ireland in the late 1990s

    OpenAIRE

    Fahy, E.; Forrest, N.; Shaw, U.; Green, P.

    2000-01-01

    Investigative work was undertaken in 1996 to ascertain the strength of sea bass stocks following the introduction of a range of conservation measures which effectively extinguished the legitimate commercial fishery for the species. Information was sought from two sources: estimation of the age composition of the samples and the growth of bass by examining scales from exploited fish. An estimate of the density of juvenile pre-recruit bass was made from a seine net survey undertaken in various ...

  5. Dynamic Model for the Stocks and Release Flows of Engineered Nanomaterials.

    Science.gov (United States)

    Song, Runsheng; Qin, Yuwei; Suh, Sangwon; Keller, Arturo A

    2017-10-12

    Most existing life-cycle release models for engineered nanomaterials (ENM) are static, ignoring the dynamics of stock and flows of ENMs. Our model, nanoRelease, estimates the annual releases of ENMs from manufacturing, use, and disposal of a product explicitly taking stock and flow dynamics into account. Given the variabilities in key parameters (e.g., service life of products and annual release rate during use) nanoRelease is designed as a stochastic model. We apply nanoRelease to three ENMs (TiO¬2, SiO2 and FeOx) used in paints and coatings through seven product applications, including construction and building, household and furniture, and automotive for the period from 2000 to 2020 using production volume and market projection information. We also consider model uncertainties using Monte Carlo simulation. Compared with 2016, the total annual releases of ENMs in 2020 will increase by 34-40%, and the stock will increase by 28-34%. The fraction of the end-of-life release among total release flows will increase from 11% in 2002 to 43% in 2020. As compared to static models, our dynamic model predicts about an order of magnitude lower values for the amount of ENM released from this sector in the near-term while stock continues to build up in the system.

  6. Simulated effects of YY-male stocking and manual suppression for eradicating nonnative Brook Trout populations

    Science.gov (United States)

    Schill, Daniel J.; Meyer, Kevin A.; Hansen, Michael J.

    2017-01-01

    Eradication of nonnative Brook Trout Salvelinus fontinalis populations is difficult to achieve with standard techniques, such as electrofishing removal or piscicides; new approaches are needed. A novel concept is to stock “supermale” hatchery fish with wild conspecifics. Supermales (MYY) have two Y-chromosomes, resulting in offspring that are all males; over time, successful supermale reproduction could eradicate the wild population. We constructed an age-structured stochastic model to investigate the effects of manually suppressing wild fish and stocking MYY fingerlings on the long-term viability of hypothetical nonnative Brook Trout populations. In streams, an annual stocking rate of supermales equivalent to 50% of wild age-0 Brook Trout density combined with an annual selective suppression rate equivalent to 50% of wild Brook Trout density resulted in a time to extirpation of only 2–4 years if supermale fitness was equivalent to wild male fitness. However, time to extirpation in streams was 5–15 years if supermale fitness was 80% lower than wild male fitness. In alpine lakes, higher supermale stocking rates and nonselective gillnetting were required to eradicate Brook Trout populations. If supermales were assumed to be as fit as wild males, however, any supermale stocking rate greater than 49% in alpine lakes or 60% in streams achieved eradication in 10 years or less, regardless of the suppression rate. Because manual suppression and the stocking of MYY fingerlings can readily be conducted at the levels assumed in our simulations, use of such an integrated pest management (IPM) approach could extirpate undesirable Brook Trout populations within reasonably short periods of time. Given the recent successful development of an MYY Brook Trout broodstock capable of producing large numbers of MYY fingerlings and given the positive results of the present simulations for both streams and alpine lakes, field testing of MYY stocking is warranted within an

  7. Factors of formation of the dividend policy of joint stock companies

    Directory of Open Access Journals (Sweden)

    Rohov Heorhii K.

    2014-01-01

    Full Text Available The article is devoted to justification of factors of formation of the dividend policy of Ukrainian public joint stock companies (PJSC at the modern stage of development of corporate relations. It analyses specific features of the dividend policy of Ukrainian PJSC, which, in particular, shows that their financial results practically do not influence the practice of net profit distribution. It identifies main factors of formation of the corporate dividend policy and provides theoretical justification of the governing practice of net profit distribution by Ukrainian PJSC under the modern state of the stock market. It justifies that the unrepresentative listing of stock exchanges, extremely high concentration of capital and rather limited influence of institutes of joint investment are key factors that cause a very weak reaction of the Ukrainian securities market on payment of dividends, which, in its turn, is the main reason of rejection of expediency of development and realisation of the consistent dividend policy by overwhelming majority of joint stock companies. The article draws a conclusion that the basis of evolution changes in the corporate vision of the dividend policy should be creation of the institutional environment, which would be adequate to the needs of sustainable development. The article offers to fix, at the legislative level and while being at the transitional stage, the right of minor shareholders to get income from owning ordinary shares of companies, which aggregate joint participation of co-owners is more than 75%.

  8. A weighted least squares analysis of globalization and the Nigerian stock market performance

    Directory of Open Access Journals (Sweden)

    Alenoghena Osi Raymond

    2013-12-01

    Full Text Available The study empirically investigates the impact of globalization on the performance of the Nigerian Stock market. The study seeks the verification of the existence of a linking mechanism between globalization through trade openness, net inflow of capital, participation in international capital market and financial development on Stock Market performance over the period of 1981 to 2011. The methodology adopted examines the stochastic characteristics of each time series by testing their stationarity using the Im, Pesaran and Shin W-stat test. The weighted least squares regression method was employed to ascertain the different level of impacts on the above subject matter. The findings were reinforced by the presence of a long-term equilibrium relationship, as evidenced by the cointegrating equation of the VECM. The Model ascertained that globalization variables actually positively impacted on stock market performance. However, the findings reveal that while net capital inflows and participation in international capital market have greater impact on the Nigerian Stock market performance during the period under review. Accordingly, it is advised that in formulating foreign policy, policy makers should take strategic views on the international economy and make new creative policies that will foster economic integration between Nigeria and its existing trade allies. These creative policies will also assist to create avenues for the making new trade agreements with other nations of the world, which hitherto were not trade partners with Nigeria.

  9. Electric power annual 1992

    Energy Technology Data Exchange (ETDEWEB)

    1994-01-06

    The Electric Power Annual presents a summary of electric utility statistics at national, regional and State levels. The objective of the publication is to provide industry decisionmakers, government policymakers, analysts and the general public with historical data that may be used in understanding US electricity markets. The Electric Power Annual is prepared by the Survey Management Division; Office of Coal, Nuclear, Electric and Alternate Fuels; Energy Information Administration (EIA); US Department of Energy. ``The US Electric Power Industry at a Glance`` section presents a profile of the electric power industry ownership and performance, and a review of key statistics for the year. Subsequent sections present data on generating capability, including proposed capability additions; net generation; fossil-fuel statistics; retail sales; revenue; financial statistics; environmental statistics; electric power transactions; demand-side management; and nonutility power producers. In addition, the appendices provide supplemental data on major disturbances and unusual occurrences in US electricity power systems. Each section contains related text and tables and refers the reader to the appropriate publication that contains more detailed data on the subject matter. Monetary values in this publication are expressed in nominal terms.

  10. 26 CFR 1.904(f)-3 - Allocation of net operating losses and net capital losses.

    Science.gov (United States)

    2010-04-01

    ... 26 Internal Revenue 9 2010-04-01 2010-04-01 false Allocation of net operating losses and net....904(f)-3 Allocation of net operating losses and net capital losses. For rules relating to the allocation of net operating losses and net capital losses, see § 1.904(g)-3T. ...

  11. 29 CFR 4204.13 - Net income and net tangible assets tests.

    Science.gov (United States)

    2010-07-01

    ... 29 Labor 9 2010-07-01 2010-07-01 false Net income and net tangible assets tests. 4204.13 Section....13 Net income and net tangible assets tests. (a) General. The criteria under this section are that either— (1) Net income test. The purchaser's average net income after taxes for its three most recent...

  12. Land use and land management effects on soil organic carbon stock in Mediterranean agricultural areas (Southern Spain)

    Science.gov (United States)

    Parras-Alcántara, Luis; Lozano-García, Beatriz

    2014-05-01

    INTRODUCTION Soils play a key role in the carbon geochemical cycle. Agriculture contributes to carbon sequestration through photosynthesis and the incorporation of carbon into carbohydrates. Soil management is one of the best tools for climate change mitigation. Small increases or decreases in soil carbon content due to changes in land use or management practices, may result in a significant net exchange of carbon between the soil carbon pool and the atmosphere. In the last decades arable crops (AC) have been transformed into olive grove cultivations (OG) or vineyards (V) in Mediterranean areas. A field study was conducted to determine long-term effects of land use change (LUC) (AC by OG and V) on soil organic carbon (SOC), total nitrogen (TN), C:N ratio and their stratification in Calcic-Chromic Luvisols (LVcc/cr) in Mediterranean conditions. MATERIAL AND METHODS An unirrigated farm in Montilla-Moriles (Córdoba, Spain) cultivated under conventional tillage (animal power with lightweight reversible plows and non-mineral fertilization or pesticides) was selected for study in 1965. In 1966, the farm was divided into three plots with three different uses (AC, OG and V). The preliminary analyses were realized in 1965 for AC (AC1), and the second analyses were realized in 2011 for AC (AC2 - winter crop rotation with annual wheat and barley, receiving mineral fertilization or pesticides), OG (annual passes with disk harrow and cultivator in the spring, followed by a tine harrow in the summer receiving mineral fertilization and weed control with residual herbicides), and V (with three or five chisel passes a year from early spring to early autumn with mineral fertilization or pesticides.). In all cases (AC1, AC2, OG and V) were collected soil entire profiles. Soil properties determined were: soil particle size, bulk density, SOC, TN, C:N ratio, stocks and SRs. The statistical significance of the differences in the variables between land use practices was tested using the

  13. The synchronicity between the stock and the stock index via information in market

    Science.gov (United States)

    Gao, Hai-Ling; Li, Jiang-Cheng; Guo, Wei; Mei, Dong-Cheng

    2018-02-01

    The synchronicity between the stock and the stock-index in a market system is investigated. The results show that: (i) the synchronicity between the stock and the stock-index increases with the rising degree of market information capitalized into stock prices in certain range; (ii) the synchronicity decreases for large firm-specific information; (iii) the stock return synchronicity is small compared to the big noise trading, however the variance noise facilitates the synchronization within the tailored realms. These findings may be helpful in understanding the effect of market information on synchronicity, especially for the response of firm-specific information and noise trading to synchronicity.

  14. Annual Interviews

    CERN Multimedia

    Human Resources Department

    2005-01-01

    Annex II, page 1, Section 3 of the Administrative Circular no. 26 (Rev. 5) states that "The annual interview shall usually take place between 15 November of the reference year and 15 February of the following year." Following the meeting of the Executive Board on 7 December 2004 and the meeting of the Standing Concertation Committee on 19 January 2005, it has been decided, for the advancement exercise of 2005, to extend this period until 15 March 2005. Human Resources Department Tel. 73566

  15. The Role of Anode Manufacturing Processes in Net Carbon Consumption

    Directory of Open Access Journals (Sweden)

    Khalil Khaji

    2016-05-01

    Full Text Available Carbon anodes are consumed in electrolysis cells during aluminum production. Carbon consumption in pre-bake anode cells is 400–450 kg C/t Al, considerably higher than the theoretical consumption of 334 kg C/t Al. This excess carbon consumption is partly due to the anode manufacturing processes. Net carbon consumption over the last three years at Emirates Aluminium (EMAL, also known as Emirates Global Aluminium (EGA Al Taweelah was analyzed with respect to anode manufacturing processes/parameters. The analysis indicates a relationship between net carbon consumption and many manufacturing processes, including anode desulfurization during anode baking. Anode desulfurization appears to increase the reaction surface area, thereby helping the Boudouard reaction between carbon and carbon dioxide in the electrolysis zone, as well as reducing the presence of sulfur which could inhibit this reaction. This paper presents correlations noted between anode manufacturing parameters and baked anode properties, and their impact on the net carbon consumption in electrolytic pots. Anode reactivities affect the carbon consumption in the pots during the electrolysis of alumina. Pitch content in anodes, impurities in anodes, and anode desulfurization during baking were studied to find their influence on anode reactivities. The understanding gained through this analysis helped reduce net carbon consumption by adjusting manufacturing processes. For an aluminum smelter producing one million tonnes of aluminum per year, the annual savings could be as much as US $0.45 million for every kg reduction in net carbon consumption.

  16. Climatic regions as an indicator of forest coarse and fine woody debris carbon stocks in the United States

    Directory of Open Access Journals (Sweden)

    Liknes Greg C

    2008-06-01

    Full Text Available Abstract Background Coarse and fine woody debris are substantial forest ecosystem carbon stocks; however, there is a lack of understanding how these detrital carbon stocks vary across forested landscapes. Because forest woody detritus production and decay rates may partially depend on climatic conditions, the accumulation of coarse and fine woody debris carbon stocks in forests may be correlated with climate. This study used a nationwide inventory of coarse and fine woody debris in the United States to examine how these carbon stocks vary by climatic regions and variables. Results Mean coarse and fine woody debris forest carbon stocks vary by Köppen's climatic regions across the United States. The highest carbon stocks were found in regions with cool summers while the lowest carbon stocks were found in arid desert/steppes or temperate humid regions. Coarse and fine woody debris carbon stocks were found to be positively correlated with available moisture and negatively correlated with maximum temperature. Conclusion It was concluded with only medium confidence that coarse and fine woody debris carbon stocks may be at risk of becoming net emitter of carbon under a global climate warming scenario as increases in coarse or fine woody debris production (sinks may be more than offset by increases in forest woody detritus decay rates (emission. Given the preliminary results of this study and the rather tenuous status of coarse and fine woody debris carbon stocks as either a source or sink of CO2, further research is suggested in the areas of forest detritus decay and production.

  17. Net change in carbon emissions with increased wood energy use in the United States

    Science.gov (United States)

    Prakash Nepal; David N. Wear; Kenneth E. Skog

    2014-01-01

    Use of wood biomass for energy results in carbon (C) emissions at the time of burning and alters C stocks on the land because of harvest, regrowth, and changes in land use or management. This study evaluates the potential effects of expanded woody biomass energy use (for heat and power) on net C emissions over time. A scenario with increased wood energy use is compared...

  18. Annual Energy Review 2002

    Energy Technology Data Exchange (ETDEWEB)

    Seiferlein, Katherine E. [USDOE Energy Information Administration (EIA), Washington, DC (United States)

    2003-10-01

    The Annual Energy Review (AER) presents the Energy Information Administration’s historical energy statistics. For many series, statistics are given for every year from 1949 through 2002. The statistics, expressed in either physical units or British thermal units, cover all major energy activities, including consumption, production, trade, stocks, and prices, for all major energy commodities, including fossil fuels, electricity, and renewable energy sources. Publication of this report is required under Public Law 95–91 (Department of Energy Organization Act), Section 205(c), and is in keeping with responsibilities given to the Energy Information Administration (EIA) under Section 205(a)(2), which states: “The Administrator shall be responsible for carrying out a central, comprehensive, and unified energy data and information program which will collect, evaluate, assemble, analyze, and disseminate data and information....” The AER is intended for use by Members of Congress, Federal and State agencies, energy analysts, and the general public. EIA welcomes suggestions from readers regarding data series in the AER and in other EIA publications. Related Publication: Readers of the AER may also be interested in EIA’s Monthly Energy Review, which presents monthly updates of many of the data in the AER. Contact our National Energy Information Center for more information.

  19. Annual Energy Review 2000

    Energy Technology Data Exchange (ETDEWEB)

    Seiferlein, Katherine E. [USDOE Energy Information Administration (EIA), Washington, DC (United States)

    2001-08-01

    The Annual Energy Review (AER) presents the Energy Information Administration’s historical energy statistics. For many series, statistics are given for every year from 1949 through 2000. The statistics, expressed in either physical units or British thermal units, cover all major energy activities, including consumption, production, trade, stocks, and prices, for all major energy commodities, including fossil fuels, electricity, and renewable energy sources. Publication of this report is required under Public Law 95–91 (Department of Energy Organization Act), Section 205(c), and is in keeping with responsibilities given to the Energy Information Administration under Section 205(a)(2), which states: “The Administrator shall be responsible for carrying out a central, comprehensive, and unified energy data and information program which will collect, evaluate, assemble, analyze, and disseminate data and information....” The AER is intended for use by Members of Congress, Federal and State agencies, energy analysts, and the general public. EIA welcomes suggestions from readers regarding data series in the AER and in other EIA publications.

  20. Annual Energy Review 1997

    Energy Technology Data Exchange (ETDEWEB)

    Seiferlein, Katherine E. [USDOE Energy Information Administration (EIA), Washington, DC (United States)

    1998-07-01

    The Annual Energy Review (AER) presents the Energy Information Administration’s historical energy statistics. For many series, statistics are given for every year from 1949 through 1997. The statistics, expressed in either physical units or British thermal units, cover all major energy activities, including consumption, production, trade, stocks, and prices, for all major energy commodities, including fossil fuels, electricity, and renewable energy sources. Publication of this report is in keeping with responsibilities given to the Energy Information Administration (EIA) in Public Law 95–91 (Department of Energy Organization Act), which states, in part, in Section 205(a)(2) that: “The Administrator shall be responsible for carrying out a central, comprehensive, and unified energy data and information program which will collect, evaluate, assemble, analyze, and disseminate data and information....” The AER is intended for use by Members of Congress, Federal and State agencies, energy analysts, and the general public. EIA welcomes suggestions from readers regarding data series in the AER and in other EIA publications.

  1. Analysis of Right Issue Announcement Effect toward Stock Price Movement and Stock Trading Volume within Issuer in Indonesia Stock Exchange

    Directory of Open Access Journals (Sweden)

    Wilson Yaputra Yakup

    2016-05-01

    Full Text Available The purpose of this study were to identify and analyze the rights issue effect to the stock price, the effect of the rights issue on stock trading volume, the correlation between stock prices before and after the right issue, as well as the correlation between volume of trading activity before the right issue and after that event. The objects of the study are the companies listed on Indonesia Stock Exchange (JSX. The hypothesis stated that right issues have a significant effect on stock price on companies listed on the JSX, rights issues have a significant effect on the stock trading volume on companies listed on the JSX, there is a significant correlation between stock price before and after the rights issue on companies listed in JSX, there is a significant correlation between volume of the stock trading before the rights issue and after that event. Data analysis used were descriptive statistics, simple linear regression analysis and paired t-test. Hypothesis testing was performed by using the Pearson correlation test with significance level of 5%. The results show that the right issue has a positive effect but not significant toward stock prices of companies listed in JSX, right issue has a negative effect and not significant toward the trading volume activity (TVA on companies listed in JSX.

  2. Soil carbon stocks in Sarawak, Malaysia

    Energy Technology Data Exchange (ETDEWEB)

    Padmanabhan, E., E-mail: Eswaran_padmanabhan@petronas.com.my [Department of Geosciences, Faculty of Geosciences and Petroleum Engineering, Universiti Teknologi PETRONAS, Tronoh, 31750, Perak (Malaysia); Eswaran, H.; Reich, P.F. [USDA-Natural Resources Conservation Service, Washington, DC 20250 (United States)

    2013-11-01

    The relationship between greenhouse gas emission and climate change has led to research to identify and manage the natural sources and sinks of the gases. CO{sub 2}, CH{sub 4}, and N{sub 2}O have an anthropic source and of these CO{sub 2} is the least effective in trapping long wave radiation. Soil carbon sequestration can best be described as a process of removing carbon dioxide from the atmosphere and relocating into soils in a form that is not readily released back into the atmosphere. The purpose of this study is to estimate carbon stocks available under current conditions in Sarawak, Malaysia. SOC estimates are made for a standard depth of 100 cm unless the soil by definition is less than this depth, as in the case of lithic subgroups. Among the mineral soils, Inceptisols tend to generally have the highest carbon contents (about 25 kg m{sup −2} m{sup −1}), while Oxisols and Ultisols rate second (about 10–15 kg m{sup −2} m{sup −1}). The Oxisols store a good amount of carbon because of an appreciable time-frame to sequester carbon and possibly lower decomposition rates for the organic carbon that is found at 1 m depths. Wet soils such as peatlands tend to store significant amounts of carbon. The highest values estimated for such soils are about 114 kg m{sup −2} m{sup −1}. Such appreciable amounts can also be found in the Aquepts. In conclusion, it is pertinent to recognize that degradation of the carbon pool, just like desertification, is a real process and that this irreversible process must be addressed immediately. Therefore, appropriate soil management practices should be instituted to sequester large masses of soil carbon on an annual basis. This knowledge can be used effectively to formulate strategies to prevent forest fires and clearing: two processes that can quickly release sequestered carbon to the atmosphere in an almost irreversible manner. - Highlights: • Soil carbon stocks in different soils in Sarawak • In depth discussion of

  3. Southern California Hook and Line Survey - Annual So. CA Bight hook and line data collection/survey

    Data.gov (United States)

    National Oceanic and Atmospheric Administration, Department of Commerce — This is an annual, fishery-independent survey aimed at collecting abundance and biological data for use in the stock assessments of several key rockfish species...

  4. Calculating net primary productivity of forest ecosystem with G4M model: case study on South Korea

    Science.gov (United States)

    Sung, S.; Forsell, N.; Kindermann, G.; Lee, D. K.

    2015-12-01

    Net primary productivity (NPP) is considered as an important indicator for forest ecosystem since the role of forest is highlighted as a stepping stone for mitigating climate change. Especially rapidly urbanizing countries which have high carbon dioxide emission have large interest in calculating forest NPP under climate change. Also maximizing carbon sequestration in forest sector has became a global goal to minimize the impacts of climate change. Therefore, the objective of this research is estimating carbon stock change under the different climate change scenarios by using G4M (Global Forestry Model) model in South Korea. We analyzed four climate change scenarios in different Representative Concentration Pathway (RCP). In this study we used higher resolution data (1kmx1km) to produce precise estimation on NPP from regionalized four climate change scenarios in G4M model. Finally, we set up other environmental variables for G4M such as water holding capacity, soil type and elevation. As a result of this study, temperature showed significant trend during 2011 to 2100. Average annual temperature increased more than 5℃ in RCP 8.5 scenario while 1℃ increased in RCP 2.6 scenario. Each standard deviation of the annual average temperature showed similar trend. Average annual precipitation showed similarity within four scenarios. However the standard deviation of average annual precipitation is higher in RCP8.5 scenario which indicates the ranges of precipitation is wider in RCP8.5 scenario. These results present that climate indicators such as temperature and precipitation have uncertainties in climate change scenarios. NPP has changed from 5-13tC/ha/year in RCP2.6 scenario to 9-21 tC/ha/year in RCP8.5 scenario in 2100. In addition the spatial distribution of NPP presented different trend among the scenarios. In conclusion we calculated differences in temperature and precipitation and NPP change in different climate change scenarios. This study can be applied for

  5. 76 FR 17808 - Fisheries in the Western Pacific; Mechanism for Specifying Annual Catch Limits and Accountability...

    Science.gov (United States)

    2011-03-31

    ... Pacific; Mechanism for Specifying Annual Catch Limits and Accountability Measures AGENCY: National Marine... specifying annual catch limits (ACLs) and accountability measures (AMs) for western Pacific fisheries. The... regulated stock will be restricted through one or more inseason accountability measures to ensure that the...

  6. EFFECT OF STOCKING DENSITY ON GROWTH PERFORMANCE OF DOMESTICATED BARB (Barbonymus balleroides

    Directory of Open Access Journals (Sweden)

    Otong Zenal Arifin

    2017-09-01

    Full Text Available Barb (Barbonymus balleroides considerably has economic potential as aquaculture commodity. However, there was still lack of development on aquaculture for this species. This study was conducted to observe the effect of different stocking density on growth of barb. The fish (body weight: 14.89 ± 0.13 g were stocked in nine floating nets (dimension: 2 m x 2 m x 1 m inside the concrete ponds with three stocking density treatments (10, 15, and 20 fish/m3. Each treatment consisted of three replications. Fish were fed on commercial pellet (30% of crude protein as much as 3% of the biomass per day with twice a day of feeding frequency. Data of growth performances (body weight, specific growth rate, average daily growth, biomass, food conversion ratio, and survival rate were collected every 30 days during 90 days of rearing period. Water quality variables (temperature, pH, and dissolved oxygen were observed during experiment. The results showed that the optimal stocking density for the growth of barb was 10 fish/m3. Best value of food conversion ratio was found 10 fish/m3 compared with 15 and 20 fish/m3 (P<0.05. Meanwhile, there were no significant differences on survival rate between treatments. These results also showed the potential of rearing barb on culture ponds with appropriate stocking density.

  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. Weather dan Pengaruhnya terhadap Stock Return

    OpenAIRE

    Bukit, Inka Natasya Hagaina; Riorini, Sri Vandayuli

    2012-01-01

    Research on psychology shows that sunny weather has effect toward mood. Some researchers found that mood has significant effect toward Stock return. This paper examines relationship between Weather in Indonesia, especially in Jakarta with Stock return of LQ 45 Index. This research examine relationship between Weather and Stock return directly and indirect (using Mood as intervening variable). This research analyze that relationship during 2009 to 2010. However, because Weather in Jakarta is r...

  9. Stock market returns, volatility, and future output

    OpenAIRE

    Hui Guo

    2002-01-01

    In this article, Hui Guo shows that, if stock volatility follows an AR(1) process, stock market returns relate positively to past volatility but relate negatively to contemporaneous volatility in Merton’s (1973) Intertemporal Capital Asset Pricing Model. The model helps explain the recent finding that stock market volatility drives out returns in forecasting real gross domestic product growth because the predictive power of returns is hampered by their positive correlation with past volatilit...

  10. TimeNET Optimization Environment

    Directory of Open Access Journals (Sweden)

    Christoph Bodenstein

    2015-12-01

    Full Text Available In this paper a novel tool for simulation-based optimization and design-space exploration of Stochastic Colored Petri nets (SCPN is introduced. The working title of this tool is TimeNET Optimization Environment (TOE. Targeted users of this tool are people modeling complex systems with SCPNs in TimeNET who want to find parameter sets that are optimal for a certain performance measure (fitness function. It allows users to create and simulate sets of SCPNs and to run different optimization algorithms based on parameter variation. The development of this tool was motivated by the need to automate and speed up tests of heuristic optimization algorithms to be applied for SCPN optimization. A result caching mechanism is used to avoid recalculations.

  11. 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...

  12. Effects of harvesting on spatial and temporal diversity of carbon stocks in a boreal forest landscape.

    Science.gov (United States)

    Ter-Mikaelian, Michael T; Colombo, Stephen J; Chen, Jiaxin

    2013-10-01

    Carbon stocks in managed forests of Ontario, Canada, and in harvested wood products originated from these forests were estimated for 2010-2100. Simulations included four future forest harvesting scenarios based on historical harvesting levels (low, average, high, and maximum available) and a no-harvest scenario. In four harvesting scenarios, forest carbon stocks in Ontario's managed forest were estimated to range from 6202 to 6227 Mt C (millions of tons of carbon) in 2010, and from 6121 to 6428 Mt C by 2100. Inclusion of carbon stored in harvested wood products in use and in landfills changed the projected range in 2100 to 6710-6742 Mt C. For the no-harvest scenario, forest carbon stocks were projected to change from 6246 Mt C in 2010 to 6680 Mt C in 2100. Spatial variation in projected forest carbon stocks was strongly related to changes in forest age (r = 0.603), but had weak correlation with harvesting rates. For all managed forests in Ontario combined, projected carbon stocks in combined forest and harvested wood products converged to within 2% difference by 2100. The results suggest that harvesting in the boreal forest, if applied within limits of sustainable forest management, will eventually have a relatively small effect on long-term combined forest and wood products carbon stocks. However, there was a large time lag to approach carbon equality, with more than 90 years with a net reduction in stored carbon in harvested forests plus wood products compared to nonharvested boreal forest which also has low rates of natural disturbance. The eventual near equivalency of carbon stocks in nonharvested forest and forest that is harvested and protected from natural disturbance reflects both the accumulation of carbon in harvested wood products and the relatively young age at which boreal forest stands undergo natural succession in the absence of disturbance.

  13. Performance of technical trading rules: evidence from Southeast Asian stock markets.

    Science.gov (United States)

    Tharavanij, Piyapas; Siraprapasiri, Vasan; Rajchamaha, Kittichai

    2015-01-01

    This paper examines the profitability of technical trading rules in the five Southeast Asian stock markets. The data cover a period of 14 years from January 2000 to December 2013. The instruments investigated are five Southeast Asian stock market indices: SET index (Thailand), FTSE Bursa Malaysia KLC index (Malaysia), FTSE Straits Times index (Singapore), JSX Composite index (Indonesia), and PSE composite index (the Philippines). Trading strategies investigated include Relative Strength Index, Stochastic oscillator, Moving Average Convergence-Divergence, Directional Movement Indicator and On Balance Volume. Performances are compared to a simple Buy-and-Hold. Statistical tests are also performed. Our empirical results show a strong performance of technical trading rules in an emerging stock market of Thailand but not in a more mature stock market of Singapore. The technical trading rules also generate statistical significant returns in the Malaysian, Indonesian and the Philippine markets. However, after taking transaction costs into account, most technical trading rules do not generate net returns. This fact suggests different levels of market efficiency among Southeast Asian stock markets. This paper finds three new insights. Firstly, technical indicators does not help much in terms of market timing. Basically, traders cannot expect to buy at a relative low price and sell at a relative high price by just using technical trading rules. Secondly, technical trading rules can be beneficial to individual investors as they help them to counter the behavioral bias called disposition effects which is the tendency to sell winning stocks too soon and holding on to losing stocks too long. Thirdly, even profitable strategies could not reliably predict subsequent market directions. They make money from having a higher average profit from profitable trades than an average loss from unprofitable ones.

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

    OpenAIRE

    Truong, Loc Dong; Lanjouw, Ger; Lensink, Robert

    2008-01-01

    Abstract This paper 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. The article focuses on the question whether the market is weak-form efficient. An important element of the investigation concerns the possible bias of the results caused by the thin trading that c...

  15. Implementing NetScaler VPX

    CERN Document Server

    Sandbu, Marius

    2014-01-01

    An easy-to-follow guide with detailed step-by step-instructions on how to implement the different key components in NetScaler, with real-world examples and sample scenarios.If you are a Citrix or network administrator who needs to implement NetScaler in your virtual environment to gain an insight on its functionality, this book is ideal for you. A basic understanding of networking and familiarity with some of the different Citrix products such as XenApp or XenDesktop is a prerequisite.

  16. Net4Care PHMR Library

    DEFF Research Database (Denmark)

    2014-01-01

    The Net4Care PHMR library contains a) A GreenCDA approach for constructing a data object representing a PHMR document: SimpleClinicalDocument, and b) A Builder which can produce a XML document representing a valid Danish PHMR (following the MedCom profile) document from the SimpleClinicalDocument......The Net4Care PHMR library contains a) A GreenCDA approach for constructing a data object representing a PHMR document: SimpleClinicalDocument, and b) A Builder which can produce a XML document representing a valid Danish PHMR (following the MedCom profile) document from the Simple...

  17. Pro DLR in NET 4

    CERN Document Server

    Wu, Chaur

    2011-01-01

    Microsoft's Dynamic Language Runtime (DLR) is a platform for running dynamic languages such as Ruby and Python on an equal footing with compiled languages such as C#. Furthermore, the runtime is the foundation for many useful software design and architecture techniques you can apply as you develop your .NET applications. Pro DLR in .NET 4 introduces you to the DLR, showing how you can use it to write software that combines dynamic and static languages, letting you choose the right tool for the job. You will learn the core DLR components such as LINQ expressions, call sites, binders, and dynami

  18. Hierarchies in Coloured Petri Nets

    DEFF Research Database (Denmark)

    Huber, Peter; Jensen, Kurt; Shapiro, Robert M.

    1991-01-01

    The paper shows how to extend Coloured Petri Nets with a hierarchy concept. The paper proposes five different hierarchy constructs, which allow the analyst to structure large CP-nets as a set of interrelated subnets (called pages). The paper discusses the properties of the proposed hierarchy...... constructs, and it illustrates them by means of two examples. The hierarchy constructs can be used for theoretical considerations, but their main use is to describe and analyse large real-world systems. All of the hierarchy constructs are supported by the editing and analysis facilities in the CPN Palette...

  19. 26 CFR 1.1296-2 - Definition of marketable stock.

    Science.gov (United States)

    2010-04-01

    ... means— (1) Passive foreign investment company (PFIC) stock that is regularly traded, as defined in... foreign investment company, that stock will be treated as marketable stock owned by that RIC for purposes... defined in section 1298(a), stock in any passive foreign investment company, that stock will be treated as...

  20. 12 CFR 931.1 - Classes of capital stock.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 7 2010-01-01 2010-01-01 false Classes of capital stock. 931.1 Section 931.1... STANDARDS FEDERAL HOME LOAN BANK CAPITAL STOCK § 931.1 Classes of capital stock. The authorized capital stock of a Bank shall consist of the following instruments: (a) Class A stock, which shall: (1) Have a...

  1. 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... control. (a) Stock control shall be maintained on the basis of stock record accounts of inventories on... property under stock control for greater than 90 days shall be maintained in stock record accounts. ...

  2. MODIS-aided statewide net groundwater-recharge estimation in Nebraska.

    Science.gov (United States)

    Szilagyi, Jozsef; Jozsa, Janos

    2013-01-01

    Monthly evapotranspiration (ET) rates (2000 to 2009) across Nebraska at about 1-km resolution were obtained by linear transformations of the MODIS (MODerate resolution Imaging Spectroradiometer) daytime surface temperature values with the help of the Priestley-Taylor equation and the complementary relationship of evaporation. For positive values of the mean annual precipitation and ET differences, the mean annual net recharge was found by an additional multiplication of the power-function-transformed groundwater vulnerability DRASTIC-code values. Statewide mean annual net recharge became about 29 mm (i.e., 5% of mean annual precipitation) with the largest recharge rates (in excess of 100 mm/year) found in the eastern Sand Hills and eastern Nebraska. Areas with the largest negative net recharge rates caused by declining groundwater levels due to large-scale irrigation are found in the south-western region of the state. Error bounds of the estimated values are within 10% to 15% of the corresponding precipitation rates and the estimated net recharge rates are sensitive to errors in the precipitation and ET values. This study largely confirms earlier base-flow analysis-based statewide groundwater recharge estimates when considerations are made for differences in the recharge definitions. The current approach not only provides better spatial resolution than available earlier studies for the region but also quantifies negative net recharge rates that become especially important in numerical modeling of shallow groundwater systems. © 2012, The Author(s). Groundwater © 2012, National Ground Water Association.

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

    NARCIS (Netherlands)

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

    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

  4. 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…

  5. 12 CFR 950.11 - Capital stock requirements; unilateral redemption of excess stock.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 7 2010-01-01 2010-01-01 false Capital stock requirements; unilateral redemption of excess stock. 950.11 Section 950.11 Banks and Banking FEDERAL HOUSING FINANCE BOARD FEDERAL HOME LOAN BANK ASSETS AND OFF-BALANCE SHEET ITEMS ADVANCES Advances to Members § 950.11 Capital stock...

  6. How the 2008 stock market crash and seasons affect total and cardiac deaths in Los Angeles County.

    Science.gov (United States)

    Schwartz, Bryan Glen; Pezzullo, John Christopher; McDonald, Scott Andrew; Poole, William Kenneth; Kloner, Robert Alan

    2012-05-15

    Various stressors trigger cardiac death. The objective was to investigate a possible relation between a stock market crash and cardiac death in a large population within the United States. We obtained daily stock market data (Dow Jones Industrial Average Index), death certificate data for daily deaths in Los Angeles County (LA), and annual LA population estimates for 2005 through 2008. The 4 years death rate curves (2005 through 2008) were averaged into a single curve to illustrate annual trends. Data were "deseasonalized" by subtracting from the daily observed value the average value for that day of year. There was marked seasonal variation in total and cardiac death rates. Even in the mild LA climate, death rates were higher in winter versus summer including total death (+17%), circulatory death (+24%), coronary heart disease death (+28%), and myocardial infarction death (+38%) rates (p stock market crash in October 2008 did not affect death rates in LA. Death rates remained at or below seasonal averages during the stock market crash. In conclusion, after correcting for seasonal variation, the stock market crash in October 2008 was not associated with an increase in total or cardiac death in LA. Annual coronary heart disease death rates continue to decrease. However, seasonal variation (specifically winter) remains a trigger for death and coronary heart disease death even in LA where winters are mild. Copyright © 2012 Elsevier Inc. All rights reserved.

  7. Solving the Problem of Relocation of Residents from Old and Unfit Housing Stock

    Directory of Open Access Journals (Sweden)

    Prokopovich Vladimir Pavlovich

    2014-06-01

    Full Text Available The speed of construction does not solve the problem of relocating the residents from old and unfit housing stock, the number of which exceeds the maximum permissible values. To assess housing stock condition, the author uses a model describing the path traversed by an accelerated body. The graphic analogue of model is a coil spring with a variable, increasing step, from which it follows that the volume of old and unfit housing stock is growing exponentially. The proposed model helps to project possible consequences of slow relocation, to plan necessary annual volume of new construction for relocation of the residents, as well as to assess the additional resources for preventing accidents.

  8. The Inventory of Carbon Stocks in New Zealand’s Post-1989 Natural Forest for Reporting under the Kyoto Protocol

    Directory of Open Access Journals (Sweden)

    Peter N. Beets

    2014-09-01

    Full Text Available To meet international greenhouse gas reporting obligations, New Zealand must report on carbon stocks in forests established after 1989 (post-1989 forest. Although predominately comprised of planted forest, post-1989 forest also contains a component of natural vegetation amounting to less than 10% by area. New Zealand undertook a national inventory of this natural stratum of post-1989 forest to provide estimates of carbon stocks and stock change in woody species over the first commitment period (2008–2012 of the Kyoto Protocol. Plots were installed on a 4-km grid, and the basal diameters and heights of trees and shrubs were measured for the first time from November 2012, to March 2013. Carbon stocks in 2012 were calculated using allometric functions developed from biomass samples from each site. Basal disc samples provided data on diameter increment and shrub and tree age annually from 1990 to 2012. These were used to predict carbon stocks per ha for individual plots in 2008 and to provide annual predictions by pool back to 1990. Carbon stocks summed across live and dead biomass pools (excluding soil averaged 3.04, 16.70 and 28.73 t C/ha in 1990, 2008 and 2012, respectively. The disposition by pool was 2.25, 12.54 and 21.84 t C/ha in aboveground biomass, 0.56, 3.13 and 5.46 t C/ha in belowground biomass (using a root/shoot ratio of 0.25, 0.03, 0.17 and 0.23 t C/ha in deadwood, and 0.18, 0.86 and 1.21 t C/ha in litter in 1990, 2008 and 2012, respectively. In 1990, the woody biomass stock estimate per plot ranged from zero to 40 t C/ha and averaged 3.04 t C/ha across all plots. The methodology used to predict annual carbon stocks required an assumption concerning stem annual mortality. Sensitivity analysis suggested that varying this assumption had only a minor impact on predicted carbon stocks and changes. Plant age varied markedly within and between the natural forest plots, and therefore, the mean age of woody vegetation at each site was

  9. The alarming decline of Mediterranean fish stocks.

    Science.gov (United States)

    Vasilakopoulos, Paraskevas; Maravelias, Christos D; Tserpes, George

    2014-07-21

    In recent years, fisheries management has succeeded in stabilizing and even improving the state of many global fisheries resources [1-5]. This is particularly evident in areas where stocks are exploited in compliance with scientific advice and strong institutional structures are in place [1, 5]. In Europe, the well-managed northeast (NE) Atlantic fish stocks have been recovering in response to decreasing fishing pressure over the past decade [3-6], albeit with a long way to go for a universal stock rebuild [3, 7]. Meanwhile, little is known about the temporal development of the European Mediterranean stocks, whose management relies on input controls that are often poorly enforced. Here, we perform a meta-analysis of 42 European Mediterranean stocks of nine species in 1990-2010, showing that exploitation rate has been steadily increasing, selectivity (proportional exploitation of juveniles) has been deteriorating, and stocks have been shrinking. We implement species-specific simulation models to quantify changes in exploitation rate and selectivity that would maximize long-term yields and halt stock depletion. We show that stocks would be more resilient to fishing and produce higher long-term yields if harvested a few years after maturation because current selectivity is far from optimal, especially for demersal stocks. The European Common Fisheries Policy that has assisted in improving the state of NE Atlantic fish stocks in the past 10 years has failed to deliver similar results for Mediterranean stocks managed under the same policy. Limiting juvenile exploitation, advancing management plans, and strengthening compliance, control, and enforcement could promote fisheries sustainability in the Mediterranean. Copyright © 2014 Elsevier Ltd. All rights reserved.

  10. D.NET case study

    International Development Research Centre (IDRC) Digital Library (Canada)

    lremy

    developing products, marketing tools and building capacity of the grass root telecentre workers. D.Net recognized that it had several ideas worth developing into small interventions that would make big differences, but resource constraints were a barrier for scaling-up these initiatives. More demands, limited resources.

  11. Surgery for GEP-NETs

    DEFF Research Database (Denmark)

    Knigge, Ulrich; Hansen, Carsten Palnæs

    2012-01-01

    Surgery is the only treatment that may cure the patient with gastroentero-pancreatic (GEP) neuroendocrine tumours (NET) and neuroendocrine carcinomas (NEC) and should always be considered as first line treatment if R0/R1 resection can be achieved. The surgical and interventional procedures for GEP...

  12. Net Neutrality in the Netherlands

    NARCIS (Netherlands)

    van Eijk, N.

    2014-01-01

    The Netherlands is among the first countries that have put specific net neutrality standards in place. The decision to implement specific regulation was influenced by at least three factors. The first was the prevailing social and academic debate, partly due to developments in the United States. The

  13. Complexity Metrics for Workflow Nets

    DEFF Research Database (Denmark)

    Lassen, Kristian Bisgaard; van der Aalst, Wil M.P.

    2009-01-01

    Process modeling languages such as EPCs, BPMN, flow charts, UML activity diagrams, Petri nets, etc.\\ are used to model business processes and to configure process-aware information systems. It is known that users have problems understanding these diagrams. In fact, even process engineers and system...

  14. Design System Fuel Inventory Control In Gas Stations With The Concept Of Min-Max Stock Level And Time Phased Order Point

    OpenAIRE

    Muhamad Danuri; Kodrat Imam Satoto

    2017-01-01

    The method used for planning is the ordering of distribution requirements planning with the stage of determining the net requirements (netting), selection Lot (lotting), the timing of orders (offsetting) and the determination of gross requirements for next level (exploision). The Time Phased Order Point and min-max stock level Consept used for optimalitation needs Planning. Model Design of the system is using waterfall model which consists of system analysis, system design, system implementa...

  15. Sedimentary Carbon Stocks: A National Assessment of Scotland's Fjords.

    Science.gov (United States)

    Smeaton, Craig; Austin, William; Davies, Althea; Howe, John

    2017-04-01

    Coastal sediments have been shown to be globally significant repositories for carbon (C) with an estimated 126.2 Tg of C being buried annually (Duarte et al. 2005). Though it is clear these areas are important for the long-term storage of C the actual quantity of C held within coastal sediment remains largely unaccounted for. The first step to understanding the role the coastal ocean plays in the global C cycle is to quantify the C held within these coastal sediments. Of the different coastal environment fjords have been shown to be hotspots for C burial with approximately 11 % of the annual global marine carbon sequestration occurring within fjordic environments (Smith et al. 2015). Through the development of a joint geophysical and geochemical methodology we estimated that the sediment in a mid-latitude fjord holds 26.9 ± 0.5 Mt of C (Smeaton et al., 2016), with these results suggesting that Scottish mid-latitude fjords could be a significant unaccounted store of C equivalent to their terrestrial counterparts (i.e. peatlands). Through the application of the joint geophysical and geochemical methodology developed by Smeaton et al (2016) to a number of other mid-latitude fjords, we will create detailed estimations of the sedimentary C stored at these individual sites. Using these detailed C stock estimations in conjunction with upscaling techniques we will establish the first national estimation of fjordic sedimentary C stocks. The data produced will allow for the sedimentary C stocks to be compared to other national C stocks, such as the Scottish peatlands (Chapman et al. 2009) and forestry (Forestry Commission, 2016). Alongside quantifying this large unaccounted for store of C in the coastal ocean this work also lays foundations for future work to understand the role of the coastal ocean in the global C cycle. Duarte, C. M., Middelburg, J. J., and Caraco, N.: Major role of marine vegetation on the oceanic carbon cycle, Biogeosciences, 2, 1-8, doi:10.5194/bg-2

  16. Influence of soil C stocks and interannual climatic variability on the CO2 and CH4 exchange of maize cultivated on mineral and organic soils in NE Germany

    Science.gov (United States)

    Pohl, Madlen; Hagemann, Ulrike; Hoffmann, Mathias; Giebels, Michael; Albiac-Borraz, Elisa; Sommer, Michael; Augustin, Jürgen

    2014-05-01

    Due to its glacially influenced genesis and land use history, the soils of the Great Plain Region of NE-Germany show large differences in groundwater levels and soil carbon (C) stocks over short distances. Although generally featuring a rather dry climate, trace gas exchange at individual sites may be influenced by i) interannual climatic variability, particularly with respect to precipitation; as well as by ii) variability of soil C stocks. However, it is still unclear how these factors affect fluxes of CO2 and CH4, and if there is any positive or negative feedback on the C source or sink function of different soil types. We present measured and modeled CO2 and CH4 fluxes of minerally fertilized grain maize for three sites located near Paulinenaue, within the so-called Rhin-Havelluch, a shallow and drained paludification mire complex in NE Germany. The sites are characterized by a distinct gradient of 0-1 m soil organic C stocks: i) Arenosol (AR: mineral soil/distant groundwater; 8 000 g C m-2), ii) Gleysol (GL: organic soil/groundwater-dependent; 35 000 g C m-2), and iii) Histosol (HS: organic soil/near groundwater; 45 000 g C m-2). CO2 flux measurements of ecosystem respiration (Reco), net ecosystem exchange (NEE) and gross primary production (GPP; calculated as difference between NEE and Reco) were conducted every four weeks using a flow-through non-steady-state closed chamber system. Measurement gaps of Reco and NEE were filled by using temperature or radiation-based models, respectively. CH4 fluxes were measured bi-weekly using a static closed chamber system with interval sampling, with gap filling via linear interpolation. Cumulated fluxes of CO2-C (Reco, GPP, NEE) and CH4-C were calculated for a period of four consecutive years (2007-2010). The intensity of CO2-C fluxes increased with growing soil organic C stocks (AR years 2008-2010 for Reco ranged between 1 500 g C m-2 and 2 000 g C m-2; annual GPP fluxes ranged from -1 400 g C m-2 to -2 300 g C m-2. NEE

  17. Artificial neural nets application in the cotton yarn industry

    Directory of Open Access Journals (Sweden)

    Gilberto Clóvis Antoneli

    2016-06-01

    Full Text Available The competitiveness in the yarn production sector has led companies to search for solutions to attain quality yarn at a low cost. Today, the difference between them, and thus the sector, is in the raw material, meaning processed cotton and its characteristics. There are many types of cotton with different characteristics due to its production region, harvest, storage and transportation. Yarn industries work with cotton mixtures, which makes it difficult to determine the quality of the yarn produced from the characteristics of the processed fibers. This study uses data from a conventional spinning, from a raw material made of 100% cotton, and presents a solution with artificial neural nets that determine the thread quality information, using the fibers’ characteristics values and settings of some process adjustments. In this solution a neural net of the type MultiLayer Perceptron with 11 entry neurons (8 characteristics of the fiber and 3 process adjustments, 7 output neurons (yarn quality and two types of training, Back propagation and Conjugate gradient descent. The selection and organization of the production data of the yarn industry of the cocamar® indústria de fios company are described, to apply the artificial neural nets developed. In the application of neural nets to determine yarn quality, one concludes that, although the ideal precision of absolute values is lacking, the presented solution represents an excellent tool to define yarn quality variations when modifying the raw material composition. The developed system enables a simulation to define the raw material percentage mixture to be processed in the plant using the information from the stocked cotton packs, thus obtaining a mixture that maintains the stability of the entire productive process.

  18. Mandatory IFRS Reporting and Stock Price Informativeness

    NARCIS (Netherlands)

    Beuselinck, C.A.C.; Joos, P.P.M.; Khurana, I.K.; van der Meulen, S.

    2010-01-01

    In this paper, we examine whether mandatory adoption of IFRS influences the flow of firm-specific information and contributes to stock price informativeness as measured by stock return synchronicity. Using a constant sample of 1,904 mandatory IFRS adopters in 14 EU countries for the period

  19. Risk-based stock decisions for projects

    NARCIS (Netherlands)

    W.L. van Jaarsveld (Willem); R. Dekker (Rommert)

    2009-01-01

    textabstractIn this report we discuss a model that can be used to determine stocking levels using the data that comes forward from a Shell RCM analysis and the data available in E-SPIR. The model is appropriate to determine stock quantities for parts that are used in redundancy situations, and for

  20. Selecting the Optimum Army Stock Fund Structure

    Science.gov (United States)

    1991-08-01

    divisions: * Operations management * Financial management * Office organization * Performance analysis * Personnel. THE ARMY WHOLESALE STOCK FUND Operations...with DCSLOG. Office Organization Each MSC has a stock fund office, normally subordinate to the Directorate of Materiel Management, that is supervised...to subordinate elements of the retail divisions. Office Organization All ASF retail divisions are governed by OSD and HQDA guidance to operate their

  1. 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...

  2. Bun splitting: a practical cutting stock problem

    NARCIS (Netherlands)

    C.A. Glass (Catherine); J.M. van Oostrum (Jeroen)

    2010-01-01

    textabstractWe describe a new hierarchical 2D-guillotine Cutting Stock Problem. In contrast to the classic cutting stock problem, waste is not an issue. The problem relates to the removal of a defective part and assembly of the remaining parts into homogeneous size blocks. The context is the packing

  3. 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

  4. 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…

  5. 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…

  6. Dynamic behavior of value and growth stocks

    NARCIS (Netherlands)

    Wouters, T.; Plantinga, A.

    2004-01-01

    The difference between the performance of growth and value portfolios presents an interesting puzzle for researchers in finance. Most studies showed that value stocks outperform growth stocks. This is the so-called value premium. In this article, we try to find an answer to the question as to why

  7. Legal institutions, strategic default, and stock returns

    NARCIS (Netherlands)

    Favara, G.; Schroth, E.; Valta, P.

    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

  8. Comparisons of allometric and climate-derived estimates of tree coarse root carbon stocks in forests of the United States.

    Science.gov (United States)

    Russell, Matthew B; Domke, Grant M; Woodall, Christopher W; D'Amato, Anthony W

    2015-12-01

    Refined estimation of carbon (C) stocks within forest ecosystems is a critical component of efforts to reduce greenhouse gas emissions and mitigate the effects of projected climate change through forest C management. Specifically, belowground C stocks are currently estimated in the United States' national greenhouse gas inventory (US NGHGI) using nationally consistent species- and diameter-specific equations applied to individual trees. Recent scientific evidence has pointed to the importance of climate as a driver of belowground C stocks. This study estimates belowground C using current methods applied in the US NGHGI and describes a new approach for merging both allometric models with climate-derived predictions of belowground C stocks. Climate-adjusted predictions were variable depending on the region and forest type of interest, but represented an increase of 368.87 Tg of belowground C across the US, or a 6.4 % increase when compared to currently-implemented NGHGI estimates. Random forests regressions indicated that aboveground biomass, stand age, and stand origin (i.e., planted versus artificial regeneration) were useful predictors of belowground C stocks. Decreases in belowground C stocks were modeled after projecting mean annual temperatures at various locations throughout the US up to year 2090. By combining allometric equations with trends in temperature, we conclude that climate variables can be used to adjust the US NGHGI estimates of belowground C stocks. Such strategies can be used to determine the effects of future global change scenarios within a C accounting framework.

  9. Quantifying allometric model uncertainty for plot-level live tree biomass stocks with a data-driven, hierarchical framework

    Science.gov (United States)

    Brian J. Clough; Matthew B. Russell; Grant M. Domke; Christopher W. Woodall

    2016-01-01

    Accurate uncertainty assessments of plot-level live tree biomass stocks are an important precursor to estimating uncertainty in annual national greenhouse gas inventories (NGHGIs) developed from forest inventory data. However, current approaches employed within the United States’ NGHGI do not specifically incorporate methods to address error in tree-scale biomass...

  10. Stock Market Efficiency and Size of the Firm: Empirical Evidence from Pakistan

    Directory of Open Access Journals (Sweden)

    Ikram ul Haq

    2014-03-01

    Full Text Available The purpose of this paper is to examine the relationship between firm size and excess stock returns in Pakistani market. We construct a set of 10 portfolios based on size i.e., market capitalization, total assets and sales for the period between 2007 and 2011, and analyze the annual stock returns by using sorting and Fama & Macbeth model. The results of the study indicate a prominent size effect where smaller firm or size portfolios are found to have a greater average annual excess returns than bigger firm or size portfolios during the period under analysis. We find that small firms have significantly greater excess returns than larger firms. The study has strong implications for mutual funds managers, investment analysts as well as small investors who are continuously at a lookout for the trading strategies that beat the market.

  11. Caught in the Net: Perineuronal Nets and Addiction

    Directory of Open Access Journals (Sweden)

    Megan Slaker

    2016-01-01

    Full Text Available Exposure to drugs of abuse induces plasticity in the brain and creates persistent drug-related memories. These changes in plasticity and persistent drug memories are believed to produce aberrant motivation and reinforcement contributing to addiction. Most studies have explored the effect drugs of abuse have on pre- and postsynaptic cells and astrocytes; however, more recently, attention has shifted to explore the effect these drugs have on the extracellular matrix (ECM. Within the ECM are unique structures arranged in a net-like manner, surrounding a subset of neurons called perineuronal nets (PNNs. This review focuses on drug-induced changes in PNNs, the molecules that regulate PNNs, and the expression of PNNs within brain circuitry mediating motivation, reward, and reinforcement as it pertains to addiction.

  12. 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.

  13. 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.

  14. Army Net Zero Prove Out. Army Net Zero Training Report

    Science.gov (United States)

    2014-11-20

    sensors were strategically placed throughout the installation by magnetically attaching them to water main valve stems. The sensors check sound...Recycle Wrap  Substitutes for Packaging Materials  Re-Use of Textiles and Linens  Setting Printers to Double-Sided Printing Net Zero Waste...can effectively achieve source reduction. Clean and Re-Use Shop Rags - Shop rags represent a large textile waste stream at many installations. As a

  15. Army Net Zero Prove Out. Net Zero Waste Best Practices

    Science.gov (United States)

    2014-11-20

    Anaerobic Digesters – Although anaerobic digestion is not a new technology and has been used on a large-scale basis in wastewater treatment , the...technology and has been used on a large-scale basis in wastewater treatment , the use of the technology should be demonstrated with other...approaches can be used for cardboard and cellulose -based packaging materials. This approach is in line with the Net Zero Waste hierarchy in terms of

  16. The Effectiveness of Ameliorant to Increase Carbon Stock of Oilpalm and Rubber Plantation on Peatland

    Directory of Open Access Journals (Sweden)

    Ai Dariah

    2015-05-01

    Full Text Available Application of peatland amelioration can improve soil quality, reduce GHG emissions, and increase carbon sequestration. The research aimed to study the effect of peatland amelioration on oil palm and rubber carbon stock improvement. Research was conducted from August 2013 until June 2014. The researches on oil palm were done in Arang-arang Village, Kumpeh Subdistrict, Muaro Jambi District, and in Lubuk Ogong Village, Bandar Seikijang Sub-district, Pelalawan District. Both sites are in Jambi and Riau Province. The research on rubber was done in Jabiren Village, Jabiren Raya Subdistrict, Pulang Pisau District, Central Kalimantan Province. The study used a Randomized Completely Block Design (RCBD, in four treatments and four replications. The treatments were pugam (peat fertilizer enriched by polyvalent cation, manure; empty fruit bunch compost, and control (no application. The measurement of C stock was performed 10 months after application using nondestructive methods. The results showed that peatland amelioration treatments had no significant effect to improve C stock on oil palm in 6 years old and 7 years old of rubber. After 10 months of amelioration application, the treatments increased C - stock of oil palm and rubber were 2.1-2.4 Mg ha-1 and 5-11 Mg ha-1, respectively. Longer time observation may be needed to study the effect of ameliorant on C-stock of annual crops.

  17. Assessing effects of stocked trout on nongame fish assemblages in southern Appalachian Mountain streams

    Science.gov (United States)

    Weaver, D.; Kwak, Thomas J.

    2013-01-01

    Fisheries managers are faced with the challenge of balancing the management of recreational fisheries with that of conserving native species and preserving ecological integrity. The negative effects that nonnative trout species exert on native trout are well documented and include alteration of competitive interactions, habitat use, and production. However, the effects that nonnative trout may exert on nongame fish assemblages are poorly understood. Our objectives were to quantify the effects of trout stocking on native nongame fish assemblages intensively on one newly stocked river, the North Toe River, North Carolina, and extensively on other southern Appalachian Mountain streams that are annually stocked with trout. In the intensive study, we adopted a before-after, control-impact (BACI) experimental design to detect short-term effects on the nongame fish assemblage and found no significant differences in fish density, species richness, species diversity, or fish microhabitat use associated with trout stocking. We observed differences in fish microhabitat use between years, however, which suggests there is a response to environmental changes, such as the flow regime, which influence available habitat. In the extensive study, we sampled paired stocked and unstocked stream reaches to detect long-term effects from trout stocking; however, we detected no differences in nongame fish density, species richness, species diversity, or population size structure between paired sites. Our results revealed high inherent system variation caused by natural and anthropogenic factors that appear to overwhelm any acute or chronic effect of stocked trout. Furthermore, hatchery-reared trout may be poor competitors in a natural setting and exert a minimal or undetectable impact on native fish assemblages in these streams. These findings provide quantitative results necessary to assist agencies in strategic planning and decision making associated with trout fisheries, stream

  18. A large-scale field assessment of carbon stocks in human-modified tropical forests.

    Science.gov (United States)

    Berenguer, Erika; Ferreira, Joice; Gardner, Toby Alan; Aragão, Luiz Eduardo Oliveira Cruz; De Camargo, Plínio Barbosa; Cerri, Carlos Eduardo; Durigan, Mariana; Cosme De Oliveira Junior, Raimundo; Vieira, Ima Célia Guimarães; Barlow, Jos

    2014-12-01

    Tropical rainforests store enormous amounts of carbon, the protection of which represents a vital component of efforts to mitigate global climate change. Currently, tropical forest conservation, science, policies, and climate mitigation actions focus predominantly on reducing carbon emissions from deforestation alone. However, every year vast areas of the humid tropics are disturbed by selective logging, understory fires, and habitat fragmentation. There is an urgent need to understand the effect of such disturbances on carbon stocks, and how stocks in disturbed forests compare to those found in undisturbed primary forests as well as in regenerating secondary forests. Here, we present the results of the largest field study to date on the impacts of human disturbances on above and belowground carbon stocks in tropical forests. Live vegetation, the largest carbon pool, was extremely sensitive to disturbance: forests that experienced both selective logging and understory fires stored, on average, 40% less aboveground carbon than undisturbed forests and were structurally similar to secondary forests. Edge effects also played an important role in explaining variability in aboveground carbon stocks of disturbed forests. Results indicate a potential rapid recovery of the dead wood and litter carbon pools, while soil stocks (0-30 cm) appeared to be resistant to the effects of logging and fire. Carbon loss and subsequent emissions due to human disturbances remain largely unaccounted for in greenhouse gas inventories, but by comparing our estimates of depleted carbon stocks in disturbed forests with Brazilian government assessments of the total forest area annually disturbed in the Amazon, we show that these emissions could represent up to 40% of the carbon loss from deforestation in the region. We conclude that conservation programs aiming to ensure the long-term permanence of forest carbon stocks, such as REDD+, will remain limited in their success unless they effectively

  19. Growth of planted ponderosa pine thinned to different stocking levels in northern California

    Science.gov (United States)

    William W. Oliver

    1979-01-01

    Growth was strongly related to growing stock level (GSL) for 5 years after thinning 20-year-old poles on Site Index50 115 land at the Elliot Ranch Plantation in northern California. Five GSL's-basal areas anticipated when trees average 10 inches d.b.h. or more-ranging from 40 to 160 square feet per acre were tested. Periodic annual increment...

  20. A microcomputer-based, net-lending interlibrary loan system.

    Science.gov (United States)

    Yau, L; Newman, M; Gascard, M

    1989-10-01

    A microcomputer-based, net-lending interlibrary loan system was developed at Lane Medical Library, Stanford University. The system, designed to generate the monthly billing invoices and all necessary statistical reports, has reduced the time required for logging-in procedures and compilation of monthly, quarterly, and annual statistics. User menus, help screens, and choice fields were developed explicitly for library staff who have little or no computer experience. The program was written using the DataEase database management software running on IBM PC, XT, AT, or compatible with a minimum of 512K RAM. Described are features of this automated interlibrary loan management system and its use in a net-lending interlibrary loan department. It focuses on data entry in the "Library Directory" and "ILL Log Sheet," details of billing invoices, and statistical reports, and flexibility in modifying tax rates, borrowing fees, and other parameters.

  1. HANPP Collection: Human Appropriation of Net Primary Productivity as a Percentage of Net Primary Productivity

    Data.gov (United States)

    National Aeronautics and Space Administration — The Human Appropriation of Net Primary Productivity (HANPP) as a Percentage of Net Primary Productivity (NPP) portion of the Human Appropriation of Net Primary...

  2. Hydrodynamic characteristics of plane netting used for aquaculture net cages in uniform current

    National Research Council Canada - National Science Library

    DONG, SHUCHUANG; HU, FUXIANG; KUMAZAWA, TAISEI; SIODE, DAISUKE; TOKAI, TADASHI

    2016-01-01

      The hydrodynamic characteristics of polyethylene (PE) netting and chain link wire netting with different types of twine diameter and mesh size for aquaculture net cages were examined by experiments in a flume tank...

  3. Isolated unit tests in .Net

    OpenAIRE

    Haukilehto, Tero

    2013-01-01

    In this thesis isolation in unit testing is studied to get a precise picture of the isolation frameworks available for .Net environment. At the beginning testing is discussed in theory with the benefits and the problems it may have been linked with. The theory includes software development in general in connection with testing. Theory of isolation is also described before the actual isolation frameworks are represented. Common frameworks are described in more detail and comparable informa...

  4. Petroleum supply annual 1996: Volume 1

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1997-06-01

    The Petroleum Supply Annual (PSA) contains information on the supply and disposition of crude oil and petroleum products. The publication reflects data that were collected from the petroleum industry during 1996 through annual and monthly surveys. The PSA is divided into two volumes. This first volume contains three sections: Summary Statistics, Detailed Statistics, and Refinery Capacity; each with final annual data. The summary statistics section show 16 years of data depicting the balance between supply, disposition and ending stocks for various commodities including crude oil, motor gasoline, distillate fuel oil, residual fuel oil, jet fuel propane/propylene, and liquefied petroleum gases. The detailed statistics section provide 1996 detailed statistics on supply and disposition, refinery operations, imports and exports, stocks, and transportation of crude oil and petroleum products. The refinery capacity contain listings of refineries and associated crude oil distillation and downstream capacities by State, as of January 1, 1997, as well as summaries of corporate refinery capacities and refinery storage capacities. In addition, refinery receipts of crude oil by method of transportation for 1996 are provided. Also included are fuels consumed at refineries, and lists of shutdowns, sales, reactivations, and mergers during 1995 and 1996. 16 figs., 59 tabs.

  5. Monitoring vegetation dynamics and carbon stock density in miombo woodlands.

    Science.gov (United States)

    Ribeiro, Natasha S; Matos, Céu N; Moura, Isabel R; Washington-Allen, Robert A; Ribeiro, Ana I

    2013-11-09

    The United Nation's Program for Reducing Emissions from Deforestation and Forest Degradation (REDD+) aims to reduce the 20% contribution to global emissions of greenhouse gases from the forest sector, offering a financial value of the carbon stored in forests as an incentive for local communities. The pre-requisite for the setup of a participatory REDD + Program is the monitoring, reporting and verification (MRV) of baseline carbon stocks and their changes over time. In this study, we investigated miombo woodland's dynamics in terms of composition, structure and biomass over a 4-year period (2005-2009), and the Carbon Stock Density (CSD) for the year 2009. The study was conducted in the Niassa National Reserve (NNR) in northern Mozambique, which is the 14th largest protected area in the world. Mean tree density distributed across 79 species increased slightly between 2005 and 2009, respectively, from 548 to 587 trees ha-1. Julbernardia globiflora (Benth.) was the most important species in this area [importance value index (IVI2005= 61 and IVI2009 = 54)]. The woodlands presented an inverted J-shaped diametric curve, with 69% of the individuals representing the young cohort. Woody biomass had a net increase of 3 Mg ha-1 with the highest growth observed in Dyplorhynchus condilocarpon (Müll.Arg.) Pichon (0.54 Mg ha-1). J. globiflora had a net decrease in biomass of 0.09 Mg ha-1. Total CSD density was estimated at ca. 67 MgC ha-1 ± 24.85 with soils (average 34.72 ± 17.93 MgC ha-1) and woody vegetation (average 29.8 MgC ha-1 ± 13.07) representing the major carbon pools. The results point to a relatively stable ecosystem, but they call for the need to refocus management activities. The miombo woodlands in NNR are representative of the woodlands in the eco-region in terms of vegetation structure and composition. They experienced net increase in woody biomass, a considerable recruitment level and low mortality. According to our results, NNR

  6. Comparison of stock valuation models with their intrinsic value in Tehran Stock Exchange

    Directory of Open Access Journals (Sweden)

    Ali Amiri

    2016-06-01

    Full Text Available Stock evaluation is one of the most important and most complex operational processes in the stock exchange. In financial markets, the pricing of tradable assets plays a basic role in resource allocation. After initial stock valuation of listed companies in Tehran Stock Exchange, some changes were observed in prices with the value set by the Stock Exchange. The aim of this study was to determine the model applied in the formation of stock prices in the stock market to find an appropriate market value model among value-based valuation models. To test the models of stock valuation, ordinary least square regression was used. Also, E-Views software was used for further data analysis. The sample included all the companies listed in Tehran Stock Exchange from 2008 till 2013. Based on the stratified random sampling, each industry was selected as a category and using Cochran formula, sample size of 40 participants was determined from each category. The data analysis indicated that the price-to-book ratio (P/B ratio had the highest adjustment factor and had been set as the best stock valuation model.

  7. 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.

  8. 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.

  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. TECHNICAL ANALYSIS ACCURACY AT MACEDONIAN STOCK EXCHANGE

    Directory of Open Access Journals (Sweden)

    Zoran Ivanovski

    2017-06-01

    Full Text Available The main task of this paper is to determine accuracy of some of widely used technical analysis techniques for MBI-10 stocks price forecast at MSE. We are testing accuracy of several technical analysis techniques: MACD (Moving-Average Convergence/Divergence, RSI (Relative Strength Index, Stochastic Oscillator and ADX (Average Directional Index on the three most liquid stocks quoted at MSE and included in MBI-10 index. Technical analysis for MPT, ALK and KMB stocks was performed and recommendations were issued in June 2010, based on monthly and weekly data for the stocks’ price movements during six years period from 2005 to 2010, as well as on their daily price movements from 2009 to 2010. We find that technical analysis is reliable tool for MSE stocks forecasting. Technical analysis predictions for three MSE stocks were confirmed by actual stock price movements within one year period (June 2010-June 2011. We did not find any notable differences in accuracy of use of technical analysis between stocks at MSE as well as between different technical analysis techniques.

  11. Variations of Terrestrial Net Primary Productivity in East Asia

    Directory of Open Access Journals (Sweden)

    Fangmin Zhang

    2012-01-01

    Full Text Available Due to the heterogeneity and complexity of terrestrial ecosystems of East Asia, a better understanding of relationships between climate change and net primary productivity (NPP distribution is important to predict future carbon dynamics. The objective of this study is to analyze the temporal-spatial patterns of NPP in East Asia (10°S - 55°N, 60 - 155°E from 1982 to 2006 using the process-based Boreal Ecosystem Productivity Simulator (BEPS model. Prior to the regional simulation, the annual simulated NPP was validated using field observed NPP demonstrating the ability of BEPS to simulate NPP in different ecosystems of East Asia.

  12. Welfare of organic laying hens kept at different indoor stocking densities in a multi-tier aviary system. I: egg laying, and use of veranda and outdoor area

    DEFF Research Database (Denmark)

    Steenfeldt, Sanna; Nielsen, Birte L.

    2015-01-01

    Multi-tier aviary systems are becoming more common in organic egg production. The area on the tiers can be included in the net area available to the hens (also referred to as usable area) when calculating maximum indoor stocking densities in organic systems within the EU. In this article, results...

  13. Appendix 2: Risk-based framework and risk case studies. Risk case study: a framework for assessing climate change risks to forest carbon stocks

    Science.gov (United States)

    Christopher W. Woodall; Grant M. Domke

    2012-01-01

    Forest ecosystems have the ability to reduce the effects of climate change through the sequestration of carbon (C) (Pan et al. 2011) as well as contribute to net emissions through disturbance events such as wildfires and widespread tree mortality (Kurz et al. 2008). A conceptual framework for assessing climate-change risks to forest ecosystem C stocks facilitates...

  14. Modeling Aggregate Hourly Energy Consumption in a Regional Building Stock

    Directory of Open Access Journals (Sweden)

    Anna Kipping

    2017-12-01

    Full Text Available Sound estimates of future heat and electricity demand with high temporal and spatial resolution are needed for energy system planning, grid design, and evaluating demand-side management options and polices on regional and national levels. In this study, smart meter data on electricity consumption in buildings are combined with cross-sectional building information to model hourly electricity consumption within the household and service sectors on a regional basis in Norway. The same modeling approach is applied to model aggregate hourly district heat consumption in three different consumer groups located in Oslo. A comparison of modeled and metered hourly energy consumption shows that hourly variations and aggregate consumption per county and year are reproduced well by the models. However, for some smaller regions, modeled annual electricity consumption is over- or underestimated by more than 20%. Our results indicate that the presented method is useful for modeling the current and future hourly energy consumption of a regional building stock, but that larger and more detailed training datasets are required to improve the models, and more detailed building stock statistics on regional level are needed to generate useful estimates on aggregate regional energy consumption.

  15. Cibola High Levee Pond annual report 2004

    Science.gov (United States)

    Mueller, Gordon A.; Carpenter, Jeanette; Marsh, Paul C.

    2005-01-01

    This represents the fourth and last annual report of a five year study investigating the early life ecology of the bonytail and razorback sucker at Cibola High Levee Pond. The work in 2004 included: telemetry studies, collection of physical water quality measurements, zooplankton samples, netting fish, the collection of scale samples for aging, predator/prey tank tests and a preliminary analysis of the data base.

  16. Event hierarchies in DanNet

    DEFF Research Database (Denmark)

    Pedersen, Bolette Sandford; Nimb, Sanni

    2008-01-01

    Artiklen omhandler udarbejdelsen af et verbumshierarki i det leksikalsk-semantiske ordnet, DanNet.......Artiklen omhandler udarbejdelsen af et verbumshierarki i det leksikalsk-semantiske ordnet, DanNet....

  17. The Uniframe .Net Web Service Discovery Service

    National Research Council Canada - National Science Library

    Berbeco, Robert W

    2003-01-01

    Microsoft .NET allows the creation of distributed systems in a seamless manner Within NET small, discrete applications, referred to as Web services, are utilized to connect to each other or larger applications...

  18. Long Term RadNet Quality Data

    Data.gov (United States)

    U.S. Environmental Protection Agency — This RadNet Quality Data Asset includes all data since initiation and when ERAMS was expanded to become RadNet, name changed to reflect new mission. This includes...

  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...... of funding liquidity constraints suggesting an economic channel for the effect....

  20. Danish building typologies and building stock analyses

    DEFF Research Database (Denmark)

    Wittchen, Kim Bjarne; Kragh, Jesper

    enough to meet the government’s plan to make Danish buildings free from use of fossil fuels by 2035. This will probably require around 50 % energy savings in the Danish building stock as a whole. However, the project has proven that dedicated engagement of locals can speed up market penetration...... energy savings in residential buildings. The intension with this analysis was to investigate the possible energy reduction in Denmark if the same approach had been taken for the entire Danish building stock. The report concludes that the ZeroHome initiative clearly results in energy savings, but far from...... for energy savings in the existing Building stock....

  1. Twitter as driver of stock price

    OpenAIRE

    Jubbega, Annika

    2012-01-01

    The goal of this research is to examine the dynamic relationship of Twitter and stock price, by examining the effects for the ten most valuable brands according Interbrand (2010): Coca-Cola, IBM, Microsoft, Google, McDonald’s, Intel, Nokia, Disney, Toyota and Cisco. A VAR modelling approach captures the short and long term effects of Twitter to stock price and stock price to Twitter. Effects were found for 5 of the 10 brand. For Coca-Cola and Toyota, the number of brand sentiment tweets dri...

  2. Combining Stocks and Flows of Knowledge

    DEFF Research Database (Denmark)

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

    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...

  3. Level crossing analysis of the stock markets

    Science.gov (United States)

    Jafari, G. R.; Movahed, M. S.; Fazeli, S. M.; Rahimi Tabar, M. Reza; Masoudi, S. F.

    2006-06-01

    We investigate the average frequency of positive slope να+ crossing for the returns of market prices. The method is based on stochastic processes in which no scaling feature is explicitly required. Using this method we define a new quantity to quantify the stage of development and activity of stock exchanges. We compare the Tehran and western stock markets and show that some, such as the Tehran (TEPIX) and New Zealand (NZX) stock exchanges, are emerging, and also that TEPIX is a non-active market and is financially motivated to absorb capital.

  4. 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...

  5. 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...

  6. Net ecosystem exchange from five land-use transitions to bioenergy crops from four locations across the UK - The Ecosystem Land Use Modelling & Soil Carbon GHG Flux Trial (ELUM) project.

    Science.gov (United States)

    Xenakis, Georgios; Perks, Mike; Harris, Zoe M.; McCalmont, Jon; Rylett, Daniel; Brooks, Milo; Evans, Jonathan G.; Finch, Jon; Rowe, Rebecca; Morrison, Ross; Alberti, Giorgio; Donnison, Ian; Siebicke, Lukas; Morison, James; Taylor, Gail; McNamara, Niall P.

    2016-04-01

    A major part of international agreements on combating climate change is the conversion from a fossil fuel economy to a low carbon economy. Bioenergy crops have been proposed as a way to improve energy security while reducing CO2 emissions to help mitigate the effects of climate change. However, the impact of land-use change from a traditional land use (e.g., arable and grassland) to bioenergy cropping systems on greenhouse gas balance (GHG) and carbon stocks are poorly quantified at this time. The Ecosystem Land Use Modelling & Soil Carbon GHG Flux Trial (ELUM) project was commissioned and funded by the Energy Technologies Institute (ETI) to provide scientific evidence within the UK on a range of land-use conversions (LUC) to bioenergy crops. The ELUM network consists of seven partners investigating five LUCs in four locations including Scotland, Wales, North and South England. Transitions included grasslands to short rotation forestry (SRF), to short rotation coppice willow (SRC) and to Miscanthus and arable to SRC and Miscanthus Measurements of net ecosystem exchange (NEE) along with continuous measurements of meteorological conditions were made at seven sub-sites over a two-year period. Results showed that, over two years, two of the land-uses, a grassland in South England and a grassland conversion to Miscanthus in Wales were net sources of carbon. The greatest carbon sink was into the SRF site in Scotland followed by the SRC willow in South England. The annual terrestrial ecosystem respiration (TER) for the SRC willow in North and South Sussex sites were similar, but the annual GPP at the South England site was about 27% higher than that the North England site. Establishing a long term network will allow us to continue monitoring the effects of land use change on whole ecosystem carbon balance, providing an insight into which types of LUC are suitable for bioenergy cropping in the UK.

  7. Sharks caught in the protective gill nets off KwaZulu-Natal, South ...

    African Journals Online (AJOL)

    Between 1978 and 1999, a total of 5 626 dusky sharks Carcharhinus obscurus, constituting 20% of the total shark catch, was caught in the protective nets off KwaZulu-Natal, South Africa. The mean annual catch was 256 sharks (SD = 107.5, range 129–571). There was no significant linear trend in catch rate with time. Of the ...

  8. Sharks caught in the protective gill nets off KwaZulu-Natal, South ...

    African Journals Online (AJOL)

    Between 1980 and 2001, a total of 661 African angel sharks Squatina africana was caught in the protective nets off KwaZulu-Natal, South Africa. The mean annual catch was 30 sharks (range = 11–69, SD = 12.4), with no trend in catch rate over the study period. Individuals were caught throughout the year and through ...

  9. Sharks caught in the protective gill nets off Kwazulu-Natal, South ...

    African Journals Online (AJOL)

    A total of 2 728 spinner sharks Carcharhinus brevipinna was caught in nets that protect the swimming beaches of KwaZulu-Natal between 1978 and 1997. The species constituted 10.3% of the total shark catch during that period. An average of 136 spinner sharks was caught annually, with no trend in catch rate over the ...

  10. Sharks caught in the protective gill nets off KwaZulu-Natal, South ...

    African Journals Online (AJOL)

    Between 1978 and 1998, a total of 3 385 scalloped hammerhead sharks Sphyrna lewini was caught in the protective nets off KwaZulu-Natal. The mean annual catch was 166 sharks (range 60–279). There was a significant decrease in catch rate with time, but the relationship with the population size in KwaZulu-Natal waters ...

  11. Physical condition and maintenance of mosquito bed nets in Kwale County, coastal Kenya

    Directory of Open Access Journals (Sweden)

    Mutuku Francis M

    2013-02-01

    important predictor of physical integrity. On average, the nets were washed twice within six months prior to the survey. Washing frequency was significantly influenced by the bed net colour and bed net age. Lack of knowledge on reasons for net retreatment and the retreatment procedure was evident, while net repair was minimal and did not seem to improve the physical condition of the nets. The “catch-up” bed net distribution strategies are sufficient for ensuring adequate ownership and utilization of ‘effective nets’ in the targeted groups, but bi-annual mass distribution is necessary to provide similar ownership and utilization for the other groups not targeted by “catch-up” strategies. Conclusions Monitoring and maintenance strategies that will deliver locally appropriate education messages on net washing and repair will enhance the effectiveness of malaria control programmes, and further research to assess ineffective nets need is needed.

  12. PsychoNet: a psycholinguistc commonsense ontology

    OpenAIRE

    Mohtasseb, Haytham; Ahmed, Amr

    2010-01-01

    Ontologies have been widely accepted as the most advanced knowledge representation model. This paper introduces PsychoNet, a new knowledgebase that forms the link between psycholinguistic taxonomy, existing in LIWC, and its semantic textual representation in the form of commonsense semantic ontology, represented by ConceptNet. The integration of LIWC and ConceptNet and the added functionalities facilitate employing ConceptNet in psycholinguistic studies. Furthermore, it simplifies utilization...

  13. Financial Reporting on the Internet and the Practice of Croatian Joint Stock Companies Quotes on the Stock Exchanges

    Directory of Open Access Journals (Sweden)

    Ivica Pervan

    2005-06-01

    Full Text Available In the last ten years, the Internet and applications of it have been increasingly widely employed in modern business operations. In developed countries, the Internet is used with increasing frequency for financial reporting. And accordingly a large amount of academic research has been done into the area. Since no such research has yet been carried out in Croatia, it is a research area that is undoubtedly of interest. This investigation was carried out on a basic sample of 38 joint stock companies quoted on Croatian bourses, the shares of all of them being actively traded. The results showed that twenty of the companies made use of Internet financial reporting and eighteen had no such practice. Companies that use Internet financial reporting on the whole publish the annual reports together with the reports of their auditors. In addition, most of the companies use the PDF format for the reports that they publish. Empirical data show that the firms that use Internet financial reporting are on the whole larger and more profitable, and that their shares are more active on the bourses than the shares of companies that have no such reporting practice. Also established was a statistically significant propensity among financial institutions to use Internet reporting. Joint stock companies in the tourist sector were shown not to have a propensity for Internet financial reporting. Bearing in mind the expected growth of GDP, the growth of the capital market, with the constant growth in the number of Internet users, investment in financial reporting on the Internet could be a useful decision for joint stock companies that wish to enhance the transparency of their operations.

  14. Effectiveness of insecticide-treated and untreated nets to prevent malaria in India.

    Science.gov (United States)

    Van Remoortel, Hans; De Buck, Emmy; Singhal, Maneesh; Vandekerckhove, Philippe; Agarwal, Satya P

    2015-08-01

    India is the most malaria-endemic country in South-East Asia, resulting in a high socio-economic burden. Insecticide-treated or untreated nets are effective interventions to prevent malaria. As part of an Indian first-aid guideline project, we aimed to investigate the magnitude of this effect in India. We searched MEDLINE, Embase and Central to systematically review Indian studies on the effectiveness of treated or untreated vs. no nets. Parasite prevalence and annual parasite incidence served as malaria outcomes. The overall effect was investigated by performing meta-analyses and calculating the pooled risk ratios (RR) and incidence rate ratios. Of 479 articles, we finally retained 16 Indian studies. Untreated nets decreased the risk of parasite prevalence compared to no nets [RR 0.69 (95% CI; 0.55, 0.87) in high-endemic areas, RR 0.49 (95% CI; 0.28, 0.84) in low-endemic areas], as was the case but more pronounced for treated nets [RR 0.35 (95% CI; 0.26, 0.47) in high-endemic areas, risk ratio 0.16 (95% CI; 0.06, 0.44) in low-endemic areas]. Incidence rate ratios showed a similar observation: a significantly reduced rate of parasites in the blood for untreated nets vs. no nets, which was more pronounced in low-endemic areas and for those who used treated nets. The average effect of treated nets (vs. no nets) on parasite prevalence was higher in Indian studies (RR 0.16-0.35) than in non-Indian studies (data derived from a Cochrane systematic review; RR 0.58-0.87). Both treated and untreated nets have a clear protective effect against malaria in the Indian context. This effect is more pronounced there than in other countries. © 2015 John Wiley & Sons Ltd.

  15. 78 FR 72451 - Net Investment Income Tax

    Science.gov (United States)

    2013-12-02

    ... Revenue Service 26 CFR Part 1 RIN 1545-BL74 Net Investment Income Tax AGENCY: Internal Revenue Service...). These regulations provide guidance on the computation of net investment income. The regulations affect... lesser of: (A) The individual's net investment income for such taxable year, or (B) the excess (if any...

  16. 47 CFR 69.302 - Net investment.

    Science.gov (United States)

    2010-10-01

    ... 47 Telecommunication 3 2010-10-01 2010-10-01 false Net investment. 69.302 Section 69.302... Apportionment of Net Investment § 69.302 Net investment. (a) Investment in Accounts 2001, 1220 and Class B Rural...) Investment in Accounts 2002, 2003 and to the extent such inclusions are allowed by this Commission, Account...

  17. 47 CFR 65.450 - Net income.

    Science.gov (United States)

    2010-10-01

    ... 47 Telecommunication 3 2010-10-01 2010-10-01 false Net income. 65.450 Section 65.450... OF RETURN PRESCRIPTION PROCEDURES AND METHODOLOGIES Exchange Carriers § 65.450 Net income. (a) Net income shall consist of all revenues derived from the provision of interstate telecommunications services...

  18. 47 CFR 65.500 - Net income.

    Science.gov (United States)

    2010-10-01

    ... 47 Telecommunication 3 2010-10-01 2010-10-01 false Net income. 65.500 Section 65.500... OF RETURN PRESCRIPTION PROCEDURES AND METHODOLOGIES Interexchange Carriers § 65.500 Net income. The net income methodology specified in § 65.450 shall be utilized by all interexchange carriers that are...

  19. NetBeans IDE 8 cookbook

    CERN Document Server

    Salter, David

    2014-01-01

    If you're a Java developer of any level using NetBeans and want to learn how to get the most out of NetBeans, then this book is for you. Learning how to utilize NetBeans will provide a firm foundation for your Java application development.

  20. Characterizing behavioural congruences for Petri nets

    DEFF Research Database (Denmark)

    Nielsen, Mogens; Priese, Lutz; Sassone, Vladimiro

    1995-01-01

    We exploit a notion of interface for Petri nets in order to design a set of net combinators. For such a calculus of nets, we focus on the behavioural congruences arising from four simple notions of behaviour, viz., traces, maximal traces, step, and maximal step traces, and from the corresponding...

  1. 27 CFR 4.37 - Net contents.

    Science.gov (United States)

    2010-04-01

    ... the volume of wine within the container, except that the following tolerances shall be allowed: (1... THE TREASURY LIQUORS LABELING AND ADVERTISING OF WINE Labeling Requirements for Wine § 4.37 Net contents. (a) Statement of net contents. The net contents of wine for which a standard of fill is...

  2. 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.

  3. THE EFFECT OF MACROECONOMIC VARIABLES ON BANKING STOCK PRICE INDEX IN INDONESIA STOCK EXCHANGE

    Directory of Open Access Journals (Sweden)

    Laduna R.

    2018-01-01

    Full Text Available Stock price index can be regarded as a barometer in the measuremet of a nation’s economic condition, besides it can also be used in conducting statistical analysis on the current market. Stock is the proof of one’s share in a company in the form of securities issued by the listed go-public companies. This study was conducted to measure the effect of macroeconomic variables such as inflation, interest rate, and exchange rate on banking stock price index in Indonesia stock exchange or Bursa Efek Indonesia (BEI. The results of study show that inflation and exchange rate posively influence the stock price index. The positive effect of the exchange rate shows that issuers who were positively affected by Rupiah (IDR depreciation appear to be the most dominant group. Meanwhile, the interest rate or Suku Bunga (SBI has a negative effect. Lower interest rate stimulates higher investments and better economic activities which increase the stock price.

  4. Net profit flow per country from 1980 to 2009: The long-term effects of foreign direct investment

    Science.gov (United States)

    2017-01-01

    Aim of the paper The paper aims at describing and explaining net profit flows per country for the period 1980–2009. Net profit flows result from Foreign Direct Investment (FDI) stock and profit repatriation: inward stock creating a profit outflow and outward FDI stock a profit inflow. Profit flows, especially ‘normal’ ones are not commonly researched. Theoretical background According to world-system theory, countries are part of a system characterised by a core, semi-periphery and periphery, as shown by network analyses of trade relations. Network analyses based on ownership relations of TransNational Corporations (TNCs) show that the top 50 firms that control about 40% of the world economy are almost exclusively located in core countries. So, we may expect a hierarchy in net profit flows with core countries on top and the periphery at the bottom. FDI outflows from the core countries especially rose in the 1990s, so we may expect that the difference has grown in time. Data and results A dataset on 'net profit flow' per country is developed. There are diverging developments in net profit flows since the 1980s, as expected: ever more positive for core countries, negative and ever lower for semi-peripheral and peripheral countries, in particular from the 1990s onwards. A fixed effects quantile regression using publicly available data confirms the prediction that peripheral countries share a unique characteristic: their outward investments do not have a positive influence on net profit flow as is the case with semi-peripheral and core countries. The most probable explanation is that peripheral outward investments are indirectly owned by firms located in core and semi-peripheral countries, so all peripheral profit inflows end up in those countries. PMID:28654644

  5. Net profit flow per country from 1980 to 2009: The long-term effects of foreign direct investment.

    Science.gov (United States)

    Akkermans, Dirk H M

    2017-01-01

    The paper aims at describing and explaining net profit flows per country for the period 1980-2009. Net profit flows result from Foreign Direct Investment (FDI) stock and profit repatriation: inward stock creating a profit outflow and outward FDI stock a profit inflow. Profit flows, especially 'normal' ones are not commonly researched. According to world-system theory, countries are part of a system characterised by a core, semi-periphery and periphery, as shown by network analyses of trade relations. Network analyses based on ownership relations of TransNational Corporations (TNCs) show that the top 50 firms that control about 40% of the world economy are almost exclusively located in core countries. So, we may expect a hierarchy in net profit flows with core countries on top and the periphery at the bottom. FDI outflows from the core countries especially rose in the 1990s, so we may expect that the difference has grown in time. A dataset on 'net profit flow' per country is developed. There are diverging developments in net profit flows since the 1980s, as expected: ever more positive for core countries, negative and ever lower for semi-peripheral and peripheral countries, in particular from the 1990s onwards. A fixed effects quantile regression using publicly available data confirms the prediction that peripheral countries share a unique characteristic: their outward investments do not have a positive influence on net profit flow as is the case with semi-peripheral and core countries. The most probable explanation is that peripheral outward investments are indirectly owned by firms located in core and semi-peripheral countries, so all peripheral profit inflows end up in those countries.

  6. Analysis of Asset Growth Anomaly on Cross-Section Stock Returns: Evidence from Indonesia Stock Exchange

    OpenAIRE

    Muhammad Iqbal; Buddi Wibowo

    2017-01-01

    Assorted types of market anomalies occur when stock prices deviate from the prediction of classical asset pricing theories. This study aims to examine asset growth anomaly where stocks with high asset growth will be followed by low returns in the subsequent periods. This study, using Indonesia Stock Exchanges data, finds that an equally-weighted low-growth portfolio outperforms high-growth portfolio by average 0.75% per month (9% per annum), confirming existence of asset growth anomaly. The a...

  7. Predicting Stocks with Machine Learning. Stacked Classifiers and other Learners Applied to the Oslo Stock Exchange

    OpenAIRE

    Olden, Magnus

    2016-01-01

    This study aims to determine whether it is possible to make a profitable stock trading scheme using machine learning on the Oslo Stock Exchange (OSE). It compares binary classification learning algorithms and their performance. It investigates whether Stacked Ensemble Learning Algorithms, utilizing other learning algorithms predictions as additional features, outperforms other machine learning techniques. The experiments attempt to predict the daily movement of 22 stocks from OSE with 37 mach...

  8. Annual Coded Wire Tag Program; Oregon Missing Production Groups, 1997 Annual Report.

    Energy Technology Data Exchange (ETDEWEB)

    Lewis, Mark A.; Mallette, Christine; Murray, William M.

    1998-03-01

    This annual report is in fulfillment of contract obligations with Bonneville Power Administration which is the funding source for the Oregon Department of Fish and Wildlife's Annual Coded Wire Tag Program - Oregon Missing Production Groups Project. Tule stock fall chinook were caught primarily in British Columbia and Washington ocean, and Oregon freshwater fisheries. Up-river bright stock fall chinook contributed primarily to Alaska and British Columbia ocean commercial, and Columbia River gillnet and other freshwater fisheries. Contribution of Rogue stock fall chinook released in the lower Columbia River occurred primarily in Oregon ocean commercial and Columbia river gillnet fisheries. Willamette stock spring chinook contributed primarily to Alaska and British Columbia ocean commercial, Oregon freshwater sport and Columbia River gillnet fisheries. Willamette stock spring chinook released by CEDC contributed to similar ocean fisheries, but had much higher catch in gillnet fisheries than the same stocks released in the Willamette system. Up-river stocks of spring chinook contributed almost exclusively to Columbia River sport fisheries and other freshwater recovery areas. The up-river stocks of Columbia River summer steelhead contributed primarily to the Columbia River gillnet and other freshwater fisheries. Coho ocean fisheries from Washington to California were closed or very limited from 1994 through 1997 (1991 through 1994 broods). This has resulted in a greater average percent of catch for other fishery areas. Coho stocks released by ODFW below Bonneville Dam contributed mainly to Oregon and Washington ocean, Columbia Gillnet and other freshwater fisheries. Coho stocks released in the Klaskanine River and Youngs Bay area had similar ocean catch, but much higher contribution to gillnet fisheries than the other coho releases. Coho stocks released above Bonneville Dam had similar contribution to ocean fisheries as other coho releases. However, they

  9. EFFECTS OF FLOOR TYPE AND STOCKING DENSITY ON THE BEHAVIOUR MODES OF GROWING RABBITS

    Directory of Open Access Journals (Sweden)

    Gabriella Jekkel

    2007-06-01

    Full Text Available The experiment was carried out with 120 Pannon White growing rabbits, which were reared from 5 to 11 weeks of age on four types of floor: 1. wire net floor from 5 to 11 weeks of age, 2. wire net floor from 5 to 7 weeks of age, and straw litter thereafter, 3. wire net floor from 5 to 9 weeks of age, and straw litter thereafter, 4. straw litter from 5 to 11 weeks of age. In each group three different stocking densities (8, 12 and 16 rabbits/m² were used. As for the rabbits 24-hours video recordings were made every week on the same day. The actual behavioral form of each rabbit was recorded in every 10 minutes. Based on the results it was found out, that the frequency of eating decreased, when wire net floor was changed to straw litter. The frequency of drinking was less than 0.5% in the 1st experimental group and mostly higher than 1% in the other three groups during the whole rearing period. The moving activity of the rabbits was higher on the straw litter, while resting was observed more often on the wire net floor.

  10. Momentum Strategies in the Portuguese Stock Market

    National Research Council Canada - National Science Library

    Júlio Lobão; Cátia Da Mota Lopes

    2014-01-01

    .... Using a monthly sample that goes from January 1988 to April 2012, the most extensive sample ever used for the analysis of momentum profitability in the Portuguese Stock Market, we construct 32 different strategies...

  11. 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...

  12. Socio-economy and stock market volatility

    Directory of Open Access Journals (Sweden)

    Md Sharif Hossain

    2017-10-01

    Full Text Available We evaluate how stock market return volatility behaves with respect to socioeconomic factors namely- interest rate volatility, foreign exchange rate volatility, S &P 500 index volatility, broad money supply volatility, per capita GDP, domestic investment, industry value addition, tertiary level of education, urbanization, and strike and blockades using time series data from 1976-2015. We find that interest rate volatility has significant positive impact on stock market return volatility where broad money supply volatility, foreign exchange rate volatility, tertiary level of education, and domestic investment have significant negative impact on stock market volatility based on stepwise regression. Therefore, increase in tertiary level of education and domestic investment makes the stock market more stable. From the estimated result of VAR model, results show no short run causality among these variables.

  13. 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...... income; however, it varies substantially over consumers’ life. The model successfully predicts the level of the observed articipation rate and the increasing pattern of stock market participation over the consumers’ life cycle....

  14. Multifractal structures for the Russian stock market

    Science.gov (United States)

    Ikeda, Taro

    2018-02-01

    In this paper, we apply the multifractal detrended fluctuation analysis (MFDFA) to the Russian stock price returns. To the best of our knowledge, this paper is the first to reveal the multifractal structures for the Russian stock market by financial crises. The contributions of the paper are twofold. (i) Finding the multifractal structures for the Russian stock market. The generalized Hurst exponents estimated become highly-nonlinear to the order of the fluctuation functions. (ii) Computing the multifractality degree according to Zunino et al. (2008). We find that the multifractality degree of the Russian stock market can be categorized within emerging markets, however, the Russian 1998 crisis and the global financial crisis dampen the degree when we consider the order of the polynomial trends in the MFDFA.

  15. STRATEGY OF STOCK VALUATION BY FUNDAMENTAL ANALYSIS

    Directory of Open Access Journals (Sweden)

    Zoran Ivanovic

    2013-03-01

    Full Text Available 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 estimating price movements of securities which essentially analyse the impact of micro and macro economic factors on the business of the corporation in order to predict future economic and financial effects. Fundamental analysis also examine various financial statements with the aim to asses a real value of company's stock. This work has the task to systematize knowledge about fundamental analysis, so it can can serve as a good base for future research.

  16. Stock returns, macroeconomic variables and expectations

    National Research Council Canada - National Science Library

    Lúcio Linck; Roberto Frota Decourt

    2016-01-01

    ... returns in Brazil from 2000 to 2010. The study investigates the causality relationships among real stock returns, basic interest rates, GDP, ination and the market expectation of future behavior of these macroeconomic variables...

  17. 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.

  18. Policy on Existing Stocks of Pesticide Products

    Science.gov (United States)

    This statement establishes general principles the Agency generally will apply in determining whether and under what conditions to allow the sale and use of existing stocks of pesticides for which the registration has been amended, canceled, or suspended.

  19. The volatility of stock market prices.

    Science.gov (United States)

    Shiller, R J

    1987-01-02

    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.

  20. Accrual components and stock trading costs

    Directory of Open Access Journals (Sweden)

    Lei Qianhua

    2013-12-01

    Full Text Available This paper examines the relationship between accrual components and stock trading costs in China and finds that both abnormal and normal accruals are associated with these costs. Moreover, negative accruals, both abnormal and normal, have a greater influence on stock trading costs than positive accruals because of short-selling constraints in the Chinese stock market. Further analysis reveals that investors who are fixated on accruals are unable to separate positive or negative abnormal accruals from earnings in general. Additionally, investors overestimate the persistence of both positive and negative normal accruals. These findings constitute further evidence of the low degree of market efficiency in China. Chinese investors seem to overestimate firm value when abnormal and normal accruals are positive and underestimate it when they are negative, thus leading to an asymmetric effect on trading costs between positive and negative accruals in the face of short-selling constraints in the Chinese stock market.

  1. Religion and stock price crash risk: Evidence

    Directory of Open Access Journals (Sweden)

    Wenfei Li

    2016-09-01

    Full Text Available This paper investigates whether religious traditions influence firm-specific crash risk in China. Using a sample of A-share listed firms from 2003 to 2013, we provide evidence that the more intense the religious environment, the lower the stock price crash risk, implying that religion plays an important role in Chinese corporate governance. Further, we find that (1 religion affects stock price crash risk by reducing earnings management and the management perk problem; (2 different religions have different effects, and Taoism, in particular, is unrelated to crash risk; and (3 the effects of religion are more pronounced with higher quality corporate governance and a stronger legal environment. Religion constrains the management agency problem, thus reducing stock price crash risk in China. Our paper enriches the literature on stock price crash risk and religion, and on new economic geography.

  2. 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...

  3. Scaling in the Bombay stock exchange index

    Indian Academy of Sciences (India)

    Abstract. 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.

  4. 12 CFR 931.3 - Minimum investment in capital stock.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 7 2010-01-01 2010-01-01 false Minimum investment in capital stock. 931.3... CAPITAL STANDARDS FEDERAL HOME LOAN BANK CAPITAL STOCK § 931.3 Minimum investment in capital stock. (a) A Bank shall require each member to maintain a minimum investment in the capital stock of the Bank, both...

  5. 41 CFR 101-27.406 - Disposition of stock.

    Science.gov (United States)

    2010-07-01

    ... 41 Public Contracts and Property Management 2 2010-07-01 2010-07-01 true Disposition of stock. 101...-Elimination of Items From Inventory § 101-27.406 Disposition of stock. Stocks of slow-moving items which are... this section, shall be taken, as necessary, to remove stocks of inactive items from inventory. (a...

  6. 12 CFR 925.21 - Issuance and form of stock.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 7 2010-01-01 2010-01-01 false Issuance and form of stock. 925.21 Section 925... ASSOCIATES MEMBERS OF THE BANKS Stock Requirements § 925.21 Issuance and form of stock. (a) A Bank shall issue to each new member, as of the effective date of membership, stock in the member's name for the...

  7. The Determinants of Future Bank Stock Returns in Eight Asian Countries

    Directory of Open Access Journals (Sweden)

    Jiyoun An

    2014-09-01

    Full Text Available We examine which traditional asset pricing variables together with bank-specific accounting variables explain the cross-sectional variation of future bank stock returns, using a firm-level data of eight Asian countries. Our empirical evidence shows that exchange rate risk, firm size, the book-to-market ratio, and the net income ratio are important in explaining future bank stock returns during normal times. However, during the Global Financial Crisis period, different variables such as local market beta, illiquidity risk, equity ratio, and off-balance sheets ratio were statistically significant. Thus, researchers and policy practitioners should monitor these variables during normal times as well as during times of crisis.

  8. NET 40 Generics Beginner's Guide

    CERN Document Server

    Mukherjee, Sudipta

    2012-01-01

    This is a concise, practical guide that will help you learn Generics in .NET, with lots of real world and fun-to-build examples and clear explanations. It is packed with screenshots to aid your understanding of the process. This book is aimed at beginners in Generics. It assumes some working knowledge of C# , but it isn't mandatory. The following would get the most use out of the book: Newbie C# developers struggling with Generics. Experienced C++ and Java Programmers who are migrating to C# and looking for an alternative to other generic frameworks like STL and JCF would find this book handy.

  9. The Net Reclassification Index (NRI)

    DEFF Research Database (Denmark)

    Pepe, Margaret S.; Fan, Jing; Feng, Ziding

    2015-01-01

    The Net Reclassification Index (NRI) is a very popular measure for evaluating the improvement in prediction performance gained by adding a marker to a set of baseline predictors. However, the statistical properties of this novel measure have not been explored in depth. We demonstrate the alarming...... marker is proven to erroneously yield a positive NRI. Some insight into this phenomenon is provided. Since large values for the NRI statistic may simply be due to use of poorly fitting risk models, we suggest caution in using the NRI as the basis for marker evaluation. Other measures of prediction...

  10. DEVELOPMENT TRENDS FOR ROLLING STOCK TRACTION MOTORS

    Directory of Open Access Journals (Sweden)

    O.V. Pasko

    2013-02-01

    Full Text Available Rolling stock on the railways of Ukraine has not been updated for many years, which has led to significant wear of the country electric and diesel locomotive fleet. A way out of the existing situation is execution of major overhaul with extension of locomotive life to allow their operation for several more years. Repair or upgrading as well as putting new rolling stock into operation must be accompanied by implementation of state-of-the-art traction electric drives.

  11. Growth performance of Nigerian fish stocks

    OpenAIRE

    King, R.P.

    1997-01-01

    Parameters of the von Bertalanffy growth function are presented for 42 fish stocks belonging to 16 families, 22 genera and 27 species. The growth performance index, Phi '(= log K + 2logL sub( infinity )), was computed for each stock and was found to be highest in male Gymnarchus niloticus (Gymnarchidae) from Lake Chad and lowest in Chrysichthys auratus (Bagridae) from the Cross River. Mean Phi ' for major fish genera and families are also presented and was highest in brackishwater fishes, clo...

  12. Global stock market in 1990-s

    Directory of Open Access Journals (Sweden)

    Moshenskyi S.Z.

    2017-08-01

    Full Text Available The 1990s became a period of long-term recovery, the main driving force of which was the high-tech companies of the so-called «new economy», mainly associated with information technology and Internet at the global stock market. Such innovations have led to unrealistic expectations of the profitability of new companies from the sale of goods and services on the Internet. This became a prerequisite for a speculative boom in equity markets in developed financial systems. The boom intensified the mass privatization of state-owned enterprises in UK, Germany, France and some other countries. The capitalization of the global stock market increased more than ten times although the world GDP grew only 2.5 times during two decades, from 1980 to 2000. Though the stock market is the source of capital only in the countries with the Anglo-American model of financial markets (for countries of continental Europe and Japan such sources are bank loans, stock markets increased in all countries with developed financial systems. The systematic analysis of such key indicators as market capitalization and liquidity is required for an objective assessment of such rise in stock markets. But statistical information at stock markets is often not systematized and fragmentary. Therefore, the author (based on the official statistics of such international financial organizations as the Organization for Economic Co-operation and Development and the World Federation of Exchanges has calculated and systematically analyzed capitalization and liquidity as the main indicators of the stock market for the largest countries with developed financial systems (USA, Great Britain, Germany, France, Japan. The paper displays the differences in the mechanisms of attraction of capital determined by the different models of financial markets (decentralized Anglo-American and centralized European as well as the features of the composition of the main investors in the world stock markets.

  13. Participation Constraints in the Stock Market

    DEFF Research Database (Denmark)

    Andersen, Steffen; Meisner Nielsen, Kasper

    2011-01-01

    participation costs cause non-participation. We have three key findings. First, windfall wealth has a positive effect on participation. Second, the majority of households do not react to sizeable windfalls by entering the stock market, but hold on to substantial safe assets—even over longer horizons. Third......, the majority of households inheriting stock holdings actively sell the entire portfolio. Overall, these findings suggest that participation by many individuals is unlikely to be constrained by financial participation costs....

  14. Incomplete information, idiosyncratic volatility and stock returns

    OpenAIRE

    Berrada, Tony Nicolas; Hugonnier, Julien

    2011-01-01

    We develop a q-theoretic model of investment under incomplete information that explains the link between idiosyncratic volatility and stock returns. When calibrated to match properties of the US business cycles as well as various firms and industry characteristics, the model generates a negative relation between idiosyncratic volatility and stock returns. We show that conditional on earning surprises, the link is positive after good news and negative after bad news. This result provides new i...

  15. Long - Memory Persistence in African Stock Markets

    Directory of Open Access Journals (Sweden)

    Emmanuel Numapau Gyamfi

    2016-05-01

    Full Text Available Emerging stock markets are said to become efficient with time. This study seeks to investigate this assertion by analyzing long - memory persistence in 8 African stock markets covering the period from 28 August 2000 to 28 August 2015. The Hurst exponent is used as our efficiency measure which is evaluated by the Detrended Fluctuation Analysis (DFA. Our findings show strong evidence of long - memory persistence in the markets studied therefore violating the weak - form Efficient Market Hypothesis (EMH.

  16. Temperature effects on stocks and stability of a phytoplankton-zooplankton model and the dependence on light and nutrients

    Science.gov (United States)

    Norberg, J.; DeAngelis, D.L.

    1997-01-01

    A model of a closed phytoplankton—zooplankton ecosystem was analyzed for effects of temperature on stocks and stability and the dependence of these effects on light and total nutrient concentration of the system. An analysis of the steady state equations showed that the effect of temperature on zooplankton and POM biomass was levelled when primary production is nutrient limited. Temperature increase had a generally negative effect on all biomasses at high nutrient levels due to increased maintenance costs. Nutrient limitation of net primary production is the main factor governing the effect of stocks and flows as well as the stability of the system. All components of the system, except for phytoplankton biomass, are proportional to net production and thus to the net effect of light on photosynthesis. However, temperature determines the slope of that relationship. The resilience of the system was measured by calculating the eigenvalues of the steady state. Under oligotrophic conditions, the system can be stable, but an increase in temperature can cause instability or a decrease in resilience. This conclusion is discussed in the face of recent models that take spatial heterogeneity into account and display far more stable behavior, in better agreement to empirical data. Using simulations, we found that the amplitude of fluctuations of the herbivore stock increases with temperature while the mean biomass and minimum values decrease in comparison with steady state predictions

  17. 12 CFR 220.11 - Requirements for the list of marginable OTC stocks and the list of foreign margin stocks.

    Science.gov (United States)

    2010-01-01

    ... stocks and the list of foreign margin stocks. 220.11 Section 220.11 Banks and Banking FEDERAL RESERVE... (REGULATION T) § 220.11 Requirements for the list of marginable OTC stocks and the list of foreign margin... paragraph (f) of this section, OTC margin stock shall meet the following requirements: (1) Four or more...

  18. 17 CFR 240.15g-2 - Penny stock disclosure document relating to the penny stock market.

    Science.gov (United States)

    2010-04-01

    ... 17 Commodity and Securities Exchanges 3 2010-04-01 2010-04-01 false Penny stock disclosure document relating to the penny stock market. 240.15g-2 Section 240.15g-2 Commodity and Securities Exchanges... Section 15(d) of the Act § 240.15g-2 Penny stock disclosure document relating to the penny stock market...

  19. Same stock, different management: quantifying the sustainability of three shrimp fisheries in the Skagerrak from a product perspective

    DEFF Research Database (Denmark)

    Ziegler, Friederike S.; Hornborg, Sara; Valentinsson, Daniel

    2016-01-01

    The northern shrimp (Pandalus borealis L.) stock in the Skagerrak is shared by Sweden, Norway, and Denmark. Although the fishery is regulated by an annual agreement between theEU and Norway, there are also national regulations as well as differences in fleet composition and shrimp markets. In early...... of regulations resulted. Product-oriented studies could be useful to follow-up performance of fisheries over time and to identify how to best utilize the Skagerrak shrimp stock. This could involve evaluating novel solutions in terms of technology and management, based on current and future scenarios aiming...

  20. Tropical forests are a net carbon source based on aboveground measurements of gain and loss

    Science.gov (United States)

    Baccini, A.; Walker, W.; Carvalho, L.; Farina, M.; Sulla-Menashe, D.; Houghton, R. A.

    2017-10-01

    The carbon balance of tropical ecosystems remains uncertain, with top-down atmospheric studies suggesting an overall sink and bottom-up ecological approaches indicating a modest net source. Here we use 12 years (2003 to 2014) of MODIS pantropical satellite data to quantify net annual changes in the aboveground carbon density of tropical woody live vegetation, providing direct, measurement-based evidence that the world’s tropical forests are a net carbon source of 425.2 ± 92.0 teragrams of carbon per year (Tg C year–1). This net release of carbon consists of losses of 861.7 ± 80.2 Tg C year–1 and gains of 436.5 ± 31.0 Tg C year–1. Gains result from forest growth; losses result from deforestation and from reductions in carbon density within standing forests (degradation or disturbance), with the latter accounting for 68.9% of overall losses.

  1. Collective behavior of stock price movements in an emerging market

    OpenAIRE

    Pan, Raj Kumar; Sinha, Sitabhra

    2007-01-01

    To investigate the universality of the structure of interactions in different markets, we analyze the cross-correlation matrix C of stock price fluctuations in the National Stock Exchange (NSE) of India. We find that this emerging market exhibits strong correlations in the movement of stock prices compared to developed markets, such as the New York Stock Exchange (NYSE). This is shown to be due to the dominant influence of a common market mode on the stock prices. By comparison, interactions ...

  2. The impact of investor sentiment on the German stock market

    OpenAIRE

    Finter, Philipp; Niessen-Ruenzi, Alexandra; Ruenzi, Stefan

    2011-01-01

    This paper develops a broad-based sentiment indicator for Germany and investigates whether investor sentiment can explain stock returns on the German stock market. Based on a principal component analysis, we construct a sentiment indicator that condenses information of several well-known sentiment proxies. We show that this indicator explains the return spread between sentiment sensitive stocks and stocks that are not sensitive to sentiment fluctuations. Specifically, stocks that are difficul...

  3. Genetic diversity and stock identification of small abalone (Haliotis diversicolor) in Taiwan and Japan.

    Science.gov (United States)

    Hsu, Te-Hua; Gwo, Jin-Chywan

    2017-01-01

    Small abalone (Haliotis diversicolor) is a commercially valuable species for both fisheries and aquaculture. The production of annual farmed small abalone in Taiwan, once the highest in the world, has dramatically decreased in the past 15 years, and currently, the industry is close to collapse. Understanding the genetic diversity of small abalone and developing stock identification methods will be useful for genetic breeding, restoring collapsed stocks, managing stocks, and preventing illegal trade. We investigated 307 cultured and wild individuals from Taiwan, Japan, and Bali Island (Indonesia) by using the mitochondrial cytochrome c oxidase subunit I (COI) gene. Network analysis of mtDNA COI gene sequences revealed that the individuals collected from Taiwan, Japan, and Indonesia could be identified, and showed significant genetic divergence. In addition, the Indonesian population (Haliotis diversicolor squamata) was significantly different from the other populations and might need to be considered a separate species. We discovered a single nucleotide polymorphism marker in the mtDNA COI gene that can be used to distinguish the Taiwan population from the Japan population. We also developed a polymerase chain reaction-restriction fragment length polymorphism method for rapid detection. Furthermore, we could identify the cultured stocks, wild population, and hybrid stocks by using 6 microsatellites and amplified fragment length polymorphism. This study contributes useful tools for stock identification and the production of high-disease resistant small abalone strains (Japan × Taiwan or Taiwan × Japan). Efforts should be made to avoid unintentional random genetic mixing of the Taiwan population with the Japan population and subsequent breakdown of population differentiation, which impair local adaptation of the Taiwan wild population. Molecular markers revealed a split between the Taiwan and Japan populations, and the existence of a possible barrier to the free

  4. Spatiotemporal modeling of soil organic carbon stocks across a subtropical region.

    Science.gov (United States)

    Ross, Christopher Wade; Grunwald, Sabine; Myers, David Brenton

    2013-09-01

    Given the significance and complex nature of soil organic carbon in the context of the global carbon cycle, the need exists for more accurate and economically feasible means of soil organic carbon analysis and its underlying spatial variation at regional scale. The overarching goal of this study was to assess both the spatial and temporal variability of soil organic carbon within a subtropical region of Florida, USA. Specifically, the objectives were to: i) quantify regional soil organic carbon stocks for historical and current conditions and ii) determine whether the soils have acted as a net sink or a net source for atmospheric carbon-dioxide over an approximate 40 year time period. To achieve these objectives, geostatistical interpolation models were used in conjunction with "historical" and "current" datasets to predict soil organic carbon stocks for the upper 20 cm soil profile of the study area. Soil organic carbon estimates derived from the models ranged from 102 to 108 Tg for historical conditions and 211 to 320 Tg for current conditions, indicating that soils in the study area have acted as a net sink for atmospheric carbon over the last 40 years. A paired resampling of historical sites supported the geostatistical estimates, and resulted in an average increase of 0.8 g carbon m(-2) yr(-1) across all collocated samples. Accurately assessing the spatial and temporal state of soil organic carbon at regional scale is critical to further our understanding of global carbon stocks and provide a baseline so that the effects sustainable land use policy can be evaluated. Copyright © 2013 Elsevier B.V. All rights reserved.

  5. Which stocks are profitable? A network method to investigate the effects of network structure on stock returns

    Science.gov (United States)

    Chen, Kun; Luo, Peng; Sun, Bianxia; Wang, Huaiqing

    2015-10-01

    According to asset pricing theory, a stock's expected returns are determined by its exposure to systematic risk. In this paper, we propose a new method for analyzing the interaction effects among industries and stocks on stock returns. We construct a complex network based on correlations of abnormal stock returns and use centrality and modularity, two popular measures in social science, to determine the effect of interconnections on industry and stock returns. Supported by previous studies, our findings indicate that a relationship exists between inter-industry closeness and industry returns and between stock centrality and stock returns. The theoretical and practical contributions of these findings are discussed.

  6. Net Income, Book Value and Cash Flows: The Value Relevance in Jordanian Economic Sectors

    Directory of Open Access Journals (Sweden)

    DHIAA SHAMKI

    2013-07-01

    Full Text Available This paper examines the value relevance of financial statements variables namely net income, book value and cash flows simultaneously relative to Jordanian services and industrial firms for the period from 2000 to 2009. The main findings of this paper are three- dimensional. First, net income is value relevant, while book value and cash flows are irrelevant. Second, net income is more value relevant than book value and cash flows in both sectors. Third, this value relevance is greater in services sector than in industrial sector. The study shows that net income assist more in explaining market values in Jordanian services and industrial firms. Since research on the value relevance of these variables has neglected Jordan (and the Middle Eastern region, the study tries to fill this practical gap. The study is the first in Jordan that examines the value relevance of net income, book value and cash flows simultaneously and compares this value relevance according to Amman Stock Exchange sectors in one study in Jordan.

  7. International Energy Agency 2012 Annual Report

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2013-06-01

    The IEA Executive Director’s Annual Report 2012 is the first of a regular annual series reporting on the IEA’s operational and organisational achievements, as well as challenges and events over the year. It is presented to the IEA Governing Board and released publicly to ensure transparency and also to take stock of the organisation’s activities from a strategic perspective. 2012 was a transitional year for the IEA, given fundamental changes in the global energy economy as well as internal management and budget issues. At the same time demand for IEA products set new records, and the public and political impact of IEA work through effective communication was measured as high.

  8. Net ecosystem carbon exchange of a dry temperate eucalypt forest

    Science.gov (United States)

    Hinko-Najera, Nina; Isaac, Peter; Beringer, Jason; van Gorsel, Eva; Ewenz, Cacilia; McHugh, Ian; Exbrayat, Jean-François; Livesley, Stephen J.; Arndt, Stefan K.

    2017-08-01

    Forest ecosystems play a crucial role in the global carbon cycle by sequestering a considerable fraction of anthropogenic CO2, thereby contributing to climate change mitigation. However, there is a gap in our understanding about the carbon dynamics of eucalypt (broadleaf evergreen) forests in temperate climates, which might differ from temperate evergreen coniferous or deciduous broadleaved forests given their fundamental differences in physiology, phenology and growth dynamics. To address this gap we undertook a 3-year study (2010-2012) of eddy covariance measurements in a dry temperate eucalypt forest in southeastern Australia. We determined the annual net carbon balance and investigated the temporal (seasonal and inter-annual) variability in and environmental controls of net ecosystem carbon exchange (NEE), gross primary productivity (GPP) and ecosystem respiration (ER). The forest was a large and constant carbon sink throughout the study period, even in winter, with an overall mean NEE of -1234 ± 109 (SE) g C m-2 yr-1. Estimated annual ER was similar for 2010 and 2011 but decreased in 2012 ranging from 1603 to 1346 g C m-2 yr-1, whereas GPP showed no significant inter-annual variability, with a mean annual estimate of 2728 ± 39 g C m-2 yr-1. All ecosystem carbon fluxes had a pronounced seasonality, with GPP being greatest during spring and summer and ER being highest during summer, whereas peaks in NEE occurred in early spring and again in summer. High NEE in spring was likely caused by a delayed increase in ER due to low temperatures. A strong seasonal pattern in environmental controls of daytime and night-time NEE was revealed. Daytime NEE was equally explained by incoming solar radiation and air temperature, whereas air temperature was the main environmental driver of night-time NEE. The forest experienced unusual above-average annual rainfall during the first 2 years of this 3-year period so that soil water content remained relatively high and the forest

  9. Net ecosystem carbon exchange of a dry temperate eucalypt forest

    Directory of Open Access Journals (Sweden)

    N. Hinko-Najera

    2017-08-01

    Full Text Available Forest ecosystems play a crucial role in the global carbon cycle by sequestering a considerable fraction of anthropogenic CO2, thereby contributing to climate change mitigation. However, there is a gap in our understanding about the carbon dynamics of eucalypt (broadleaf evergreen forests in temperate climates, which might differ from temperate evergreen coniferous or deciduous broadleaved forests given their fundamental differences in physiology, phenology and growth dynamics. To address this gap we undertook a 3-year study (2010–2012 of eddy covariance measurements in a dry temperate eucalypt forest in southeastern Australia. We determined the annual net carbon balance and investigated the temporal (seasonal and inter-annual variability in and environmental controls of net ecosystem carbon exchange (NEE, gross primary productivity (GPP and ecosystem respiration (ER. The forest was a large and constant carbon sink throughout the study period, even in winter, with an overall mean NEE of −1234 ± 109 (SE g C m−2 yr−1. Estimated annual ER was similar for 2010 and 2011 but decreased in 2012 ranging from 1603 to 1346 g C m−2 yr−1, whereas GPP showed no significant inter-annual variability, with a mean annual estimate of 2728 ± 39 g C m−2 yr−1. All ecosystem carbon fluxes had a pronounced seasonality, with GPP being greatest during spring and summer and ER being highest during summer, whereas peaks in NEE occurred in early spring and again in summer. High NEE in spring was likely caused by a delayed increase in ER due to low temperatures. A strong seasonal pattern in environmental controls of daytime and night-time NEE was revealed. Daytime NEE was equally explained by incoming solar radiation and air temperature, whereas air temperature was the main environmental driver of night-time NEE. The forest experienced unusual above-average annual rainfall during the first 2 years of this 3-year period so

  10. Optimizing Existing Multistory Building Designs towards Net-Zero Energy

    Directory of Open Access Journals (Sweden)

    Mohammad Y. AbuGrain

    2017-03-01

    Full Text Available Recent global developments in awareness and concerns about environmental problems have led to reconsidering built environment approaches and construction techniques. One of the alternatives is the principle of low/zero-energy buildings. This study investigates the potentials of energy savings in an existing multi-story building in the Mediterranean region in order to achieve net-zero energy as a solution to increasing fossil fuel prices. The Colored building at the Faculty of Architecture, Eastern Mediterranean University, Cyprus was chosen as a target of this study to be investigated and analyzed in order to know how energy efficiency strategies could be applied to the building to reduce annual energy consumption. Since this research objective is to develop a strategy to achieve net-zero energy in existing buildings, case study and problem solving methodologies were applied in this research in order to evaluate the building design in a qualitative manner through observations, in addition to a quantitative method through an energy modeling simulation to achieve desirable results which address the problems. After optimizing the building energy performance, an alternative energy simulation was made of the building in order to make an energy comparison analysis, which leads to reliable conclusions. These methodologies and the strategies used in this research can be applied to similar buildings in order to achieve net-zero energy goals.

  11. U.S. Department of Energy Commercial Reference Building Models of the National Building Stock

    Energy Technology Data Exchange (ETDEWEB)

    Deru, M.; Field, K.; Studer, D.; Benne, K.; Griffith, B.; Torcellini, P.; Liu, B.; Halverson, M.; Winiarski, D.; Rosenberg, M.; Yazdanian, M.; Huang, J.; Crawley, D.

    2011-02-01

    The U.S. Department of Energy (DOE) Building Technologies Program has set the aggressive goal of producing marketable net-zero energy buildings by 2025. This goal will require collaboration between the DOE laboratories and the building industry. We developed standard or reference energy models for the most common commercial buildings to serve as starting points for energy efficiency research. These models represent fairly realistic buildings and typical construction practices. Fifteen commercial building types and one multifamily residential building were determined by consensus between DOE, the National Renewable Energy Laboratory, Pacific Northwest National Laboratory, and Lawrence Berkeley National Laboratory, and represent approximately two-thirds of the commercial building stock.

  12. Annual energy review 1996

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1997-07-01

    This report presents historical energy statistics on all major energy activities. The statistics cover consumption, production, trade, stock, and prices, for all major energy commodities including fossil fuels, electricity, and renewable energy sources.

  13. Taking stock: provider prescribing practices in the presence and absence of ACT stock

    Directory of Open Access Journals (Sweden)

    Jones Caroline

    2011-08-01

    Full Text Available Abstract Background Globally, the monitoring of prompt and effective treatment for malaria with artemisinin combination therapy (ACT is conducted largely through household surveys. This measure; however, provides no information on case management processes at the health facility level. The aim of this review was to assess evidence from health facility surveys on malaria prescribing practices using ACT, in the presence and absence of ACT stock, at time and place where treatment was sought. Methods A systematic search of published literature was conducted. Findings were collated and data extracted on proportion of patients prescribed ACT and alternative anti-malarials in the presence and absence of ACT stock. Results Of the 14 studies identified in which ACT prescription for uncomplicated malaria in the public sector was evaluated, just six, from three countries (Kenya, Uganda and Zambia, reported this in the context of ACT stock. Comparing facilities with ACT stock to facilities without stock (i ACT prescribing was significantly higher in all six studies, increasing by a range of 21.3% in children Conclusions Prescriber practices vary based on ACT availability. Although ACT prescriptions increased and alternative anti-malarials prescriptions decreased in the presence of ACT stock, ACT was prescribed in the absence, and alternative anti-malarials were prescribed in the presence of, ACT. Presence of stock alone does not ensure that treatment guidelines are followed. More health facility surveys, together with qualitative research, are needed to understand the role of ACT stock-outs on provider prescribing behaviours and preferences.

  14. 17 CFR 240.16a-9 - Stock splits, stock dividends, and pro rata rights.

    Science.gov (United States)

    2010-04-01

    ..., and pro rata rights. 240.16a-9 Section 240.16a-9 Commodity and Securities Exchanges SECURITIES AND... Government Securities Dealers § 240.16a-9 Stock splits, stock dividends, and pro rata rights. The following... acquisition of rights, such as shareholder or pre-emptive rights, pursuant to a pro rata grant to all holders...

  15. How systematic age underestimation can impede understanding of fish population dynamics: Lessons learned from a Lake Superior cisco stock

    Science.gov (United States)

    Yule, D.L.; Stockwell, J.D.; Black, J.A.; Cullis, K.I.; Cholwek, G.A.; Myers, J.T.

    2008-01-01

    Systematic underestimation of fish age can impede understanding of recruitment variability and adaptive strategies (like longevity) and can bias estimates of survivorship. We suspected that previous estimates of annual survival (S; range = 0.20-0.44) for Lake Superior ciscoes Coregonus artedi developed from scale ages were biased low. To test this hypothesis, we estimated the total instantaneous mortality rate of adult ciscoes from the Thunder Bay, Ontario, stock by use of cohort-based catch curves developed from commercial gill-net catches and otolith-aged fish. Mean S based on otolith ages was greater for adult females (0.80) than for adult males (0.75), but these differences were not significant. Applying the results of a study of agreement between scale and otolith ages, we modeled a scale age for each otolith-aged fish to reconstruct catch curves. Using modeled scale ages, estimates of S (0.42 for females, 0.36 for males) were comparable with those reported in past studies. We conducted a November 2005 acoustic and midwater trawl survey to estimate the abundance of ciscoes when the fish were being harvested for roe. Estimated exploitation rates were 0.085 for females and 0.025 for males, and the instantaneous rates of fishing mortality were 0.089 for females and 0.025 for males. The instantaneous rates of natural mortality were 0.131 and 0.265 for females and males, respectively. Using otolith ages, we found that strong year-classes at large during November 2005 were caught in high numbers as age-1 fish in previous annual bottom trawl surveys, whereas weak or absent year-classes were not. For decades, large-scale fisheries on the Great Lakes were allowed to operate because ciscoes were assumed to be short lived and to have regular recruitment. We postulate that the collapse of these fisheries was linked in part to a misunderstanding of cisco biology driven by scale-ageing error. ?? Copyright by the American Fisheries Society 2008.

  16. -Net Approach to Sensor -Coverage

    Directory of Open Access Journals (Sweden)

    Fusco Giordano

    2010-01-01

    Full Text Available Wireless sensors rely on battery power, and in many applications it is difficult or prohibitive to replace them. Hence, in order to prolongate the system's lifetime, some sensors can be kept inactive while others perform all the tasks. In this paper, we study the -coverage problem of activating the minimum number of sensors to ensure that every point in the area is covered by at least sensors. This ensures higher fault tolerance, robustness, and improves many operations, among which position detection and intrusion detection. The -coverage problem is trivially NP-complete, and hence we can only provide approximation algorithms. In this paper, we present an algorithm based on an extension of the classical -net technique. This method gives an -approximation, where is the number of sensors in an optimal solution. We do not make any particular assumption on the shape of the areas covered by each sensor, besides that they must be closed, connected, and without holes.

  17. NETS - Danish participation. Final report

    Energy Technology Data Exchange (ETDEWEB)

    Alsen, S. (Grontmij - Carl Bro, Glostrup (Denmark)); Theel, C. (Baltic Sea Solutions, Holeby (Denmark))

    2008-12-15

    Within the NICe-funded project 'Nordic Environmental Technology Solutions (NETS)' a new type of networking at the Nordic level was organized in order to jointly exploit the rapidly growing market potential in the environmental technology sector. The project aimed at increased and professionalized commercialization of Nordic Cleantech in energy and water business segments through 1) closer cooperation and joint marketing activities, 2) a website, 3) cleantech product information via brochures and publications 4) and participating in relevant trade fairs and other industry events. Facilitating business-to-business activities was another core task for the NETS project partners from Norway, Sweden, Finland and Denmark with the aim to encourage total solutions for combined Cleantech system offers. The project has achieved to establish a Cleantech register of 600 Nordic Cleantech companies, a network of 86 member enterprises, produced several publications and brochures for direct technology promotion and a website for direct access to company profiles and contact data. The project partners have attended 14 relevant international Cleantech trade fairs and conferences and facilitated business-to-business contacts added by capacity building offers through two company workshops. The future challenge for the project partners and Nordic Cleantech will be to coordinate the numerous efforts within the Nordic countries in order to reach concerted action and binding of member companies for reliable services, an improved visibility and knowledge exchange. With Cleantech's growing market influence and public awareness, the need to develop total solutions is increasing likewise. Marketing efforts should be encouraged cross-sectional and cross-border among the various levels of involved actors from both the public and the private sector. (au)

  18. CSR and Company's Stock Price. A Comparative Evidence from Bucharest Stock Exchange

    Directory of Open Access Journals (Sweden)

    Adina Dornean

    2017-05-01

    Full Text Available This paper aims at analysing the relationship between Corporate Social Responsibility (CSR and stock price for the companies listed on Bucharest Stock Exchange (BSE in 2015, comparing with the results obtained for 2014. This study investigates the differences in the market stock price (and other market variables, such as dividends and stock return of companies that show CSR compared with those that do not. For this purpose we will use three statistical techniques: discriminant analysis, probit analysis model and logistic regression. There is no significant difference between the prediction ability of the models, in the context in which probit model and logistic regression have and average correct classification of 70.29%, while discriminant analysis records 71.62%. Our analysis highlighted that stock return has a significant impact on CSR activities of a company. Moreover, all discriminants have a positive impact on CSR.

  19. Multifractal in Volatility of Family Business Stocks Listed on Casablanca STOCK Exchange

    Science.gov (United States)

    Lahmiri, Salim

    In this paper, we check for existence of multifractal in volatility of Moroccan family business stock returns and in volatility of Casablanca market index returns based on multifractal detrended fluctuation analysis (MF-DFA) technique. Empirical results show strong evidence of multifractal characteristics in volatility series of both family business stocks and market index. In addition, it is found that small variations in volatility of family business stocks are persistent, whilst small variations in volatility of market index are anti-persistent. However, large variations in family business volatility and market index volatility are both anti-persistent. Furthermore, multifractal spectral analysis based results show strong evidence that volatility in Moroccan family business companies exhibits more multifractality than volatility in the main stock market. These results may provide insightful information for risk managers concerned with family business stocks.

  20. Crude oil price shocks and stock returns. Evidence from Turkish stock market under global liquidity conditions

    Energy Technology Data Exchange (ETDEWEB)

    Berk, Istemi [Koeln Univ. (Germany). Energiewirtschaftliches Inst.; Aydogan, Berna [Izmir Univ. of Economics (Turkey). Dept. of International Trade and Finance

    2012-09-15

    The purpose of this study is to investigate the impacts of crude oil price variations on the Turkish stock market returns. We have employed vector autoregression (V AR) model using daily observations of Brent crude oil prices and Istanbul Stock Exchange National Index (ISE- 1 00) returns for the period between January 2, 1990 and November 1, 2011. We have also tested the relationship between oil prices and stock market returns under global liquidity conditions by incorporating a liquidity proxy variable, Chicago Board of Exchange's (CBOE) S and P 500 market volatility index (VIX), into the model. Variance decomposition test results suggest little empirical evidence that crude oil price shocks have been rationally evaluated in the Turkish stock market. Rather, it was global liquidity conditions that were found to account for the greatest amount of variation in stock market returns.