WorldWideScience

Sample records for satellite royalty funds

  1. 77 FR 46526 - Distribution of 2010 Satellite Royalty Funds

    Science.gov (United States)

    2012-08-03

    ... brought to the Library of Congress, James Madison Memorial Building, LM-401, 101 Independence Avenue SE... addressed to: Copyright Royalty Board, Library of Congress, James Madison Memorial Building, LM-403, 101... Claimants'' are Program Suppliers, Joint Sports Claimants, Broadcaster Claimants Group, Music Claimants...

  2. 78 FR 4169 - Distribution of 2011 Satellite Royalty Funds

    Science.gov (United States)

    2013-01-18

    ... brought to the Library of Congress, James Madison Memorial Building, LM-401, 101 Independence Avenue SE... addressed to: Copyright Royalty Board, Library of Congress, James Madison Memorial Building, LM-403, 101..., Music Claimants (represented by American Society of Composers, Authors and Publishers, Broadcast Music...

  3. 76 FR 55123 - Distribution of the 2009 Satellite Royalty Funds

    Science.gov (United States)

    2011-09-06

    ... brought to the Library of Congress, James Madison Memorial Building, LM-401, 101 Independence Avenue, SE... addressed to: Copyright Royalty Board, Library of Congress, James Madison Memorial Building, LM-403, 101..., Joint Sports Claimants, Broadcaster Claimants Group, Music Claimants (American Society of Composers...

  4. 75 FR 66799 - Distribution of the 2008 Satellite Royalty Funds

    Science.gov (United States)

    2010-10-29

    ... brought to the Library of Congress, James Madison Memorial Building, LM-401, 101 Independence Avenue, SE... addressed to: Copyright Royalty Board, Library of Congress, James Madison Memorial Building, LM-403, 101..., Joint Sports Claimants, Broadcaster Claimants Group, Music Claimants (American Society of Composers...

  5. 76 FR 55122 - Distribution of the 2009 Cable Royalty Funds

    Science.gov (United States)

    2011-09-06

    ... such royalty fees has a reasonable objection to the proposed distribution. Consequently, this Notice... LIBRARY OF CONGRESS Copyright Royalty Board [Docket No. 2011-7 CRB CD 2009] Distribution of the 2009 Cable Royalty Funds AGENCY: Copyright Royalty Board, Library of Congress. ACTION: Notice...

  6. 76 FR 56483 - Distribution of 2010 DART Sound Recordings Fund Royalties

    Science.gov (United States)

    2011-09-13

    ... responses to the motion to ascertain whether any claimant entitled to receive such royalty fees has a... LIBRARY OF CONGRESS Copyright Royalty Board [Docket No. 2011-6 CRB DD 2010] Distribution of 2010 DART Sound Recordings Fund Royalties AGENCY: Copyright Royalty Board, Library of Congress. ACTION...

  7. 77 FR 47120 - Distribution of 2011 DART Sound Recordings Fund Royalties

    Science.gov (United States)

    2012-08-07

    ... the motion to ascertain whether any claimant entitled to receive such royalty fees has a reasonable... LIBRARY OF CONGRESS Copyright Royalty Board [Docket No. 2012-3 CRB DD 2011] Distribution of 2011 DART Sound Recordings Fund Royalties AGENCY: Copyright Royalty Board, Library of Congress. ACTION...

  8. 76 FR 74703 - Cost of Living Adjustment to Satellite Carrier Compulsory License Royalty Rates

    Science.gov (United States)

    2011-12-01

    ... Federal Regulations is amended as follows: PART 386--ADJUSTMENT OF ROYALTY FEES FOR SECONDARY... (b)(2)(iii) to read as follows: Sec. 386.2 Royalty fee for secondary transmission by satellite... LIBRARY OF CONGRESS Copyright Royalty Board 37 CFR Part 386 [Docket No. 2011-10 CRB Satellite COLA...

  9. 75 FR 75624 - Cost of Living Adjustment to Satellite Carrier Compulsory License Royalty Rates

    Science.gov (United States)

    2010-12-06

    ... ROYALTY FEES FOR SECONDARY TRANSMISSIONS BY SATELLITE CARRIERS 0 1. The authority citation for part 386... revising paragraphs (b)(1)(ii) and (b)(2)(ii) as follows: Sec. 386.2 Royalty fee for secondary transmission... LIBRARY OF CONGRESS Copyright Royalty Board 37 CFR Part 386 [Docket No. 2010-10 CRB Satellite COLA...

  10. 78 FR 71501 - Cost of Living Adjustment to Satellite Carrier Compulsory License Royalty Rates

    Science.gov (United States)

    2013-11-29

    ... follows: PART 386--ADJUSTMENT OF ROYALTY FEES FOR SECONDARY TRANSMISSIONS BY SATELLITE CARRIERS 0 1. The.... Section 386.2 is amended by revising paragraphs (b)(1)(v) and (b)(2)(v) as follows: Sec. 386.2 Royalty fee... LIBRARY OF CONGRESS Copyright Royalty Board 37 CFR Part 386 [Docket No. 2013-8 CRB Satellite COLA...

  11. 77 FR 70373 - Cost of Living Adjustment to Satellite Carrier Compulsory License Royalty Rates

    Science.gov (United States)

    2012-11-26

    ... ROYALTY FEES FOR SECONDARY TRANSMISSIONS BY SATELLITE CARRIERS 0 1. The authority citation for part 386... revising paragraphs (b)(1)(iv) and (b)(2)(iv) as follows: Sec. 386.2 Royalty fee for secondary transmission... LIBRARY OF CONGRESS Copyright Royalty Board 37 CFR Part 386 [Docket No. 2012-8 CRB Satellite COLA...

  12. 37 CFR 258.3 - Royalty fee for secondary transmission of analog signals of broadcast stations by satellite...

    Science.gov (United States)

    2010-07-01

    ... 37 Patents, Trademarks, and Copyrights 1 2010-07-01 2010-07-01 false Royalty fee for secondary... AND PROCEDURES ADJUSTMENT OF ROYALTY FEE FOR SECONDARY TRANSMISSIONS BY SATELLITE CARRIERS § 258.3 Royalty fee for secondary transmission of analog signals of broadcast stations by satellite carriers. (a...

  13. 37 CFR 258.4 - Royalty fee for secondary transmission of digital signals of broadcast stations by satellite...

    Science.gov (United States)

    2010-07-01

    ... 37 Patents, Trademarks, and Copyrights 1 2010-07-01 2010-07-01 false Royalty fee for secondary... AND PROCEDURES ADJUSTMENT OF ROYALTY FEE FOR SECONDARY TRANSMISSIONS BY SATELLITE CARRIERS § 258.4 Royalty fee for secondary transmission of digital signals of broadcast stations by satellite carriers. (a...

  14. 77 FR 46527 - Distribution of the 2010 Cable Royalty Funds

    Science.gov (United States)

    2012-08-03

    ... brought to the Library of Congress, James Madison Memorial Building, LM-401, 101 Independence Avenue SE... addressed to: Copyright Royalty Board, Library of Congress, James Madison Memorial Building, LM-403, 101... (represented by National Association of Broadcasters), Music Claimants (represented by American Society of...

  15. 75 FR 66798 - Distribution of the 2008 Cable Royalty Funds

    Science.gov (United States)

    2010-10-29

    ... brought to the Library of Congress, James Madison Memorial Building, LM-401, 101 Independence Avenue, SE... addressed to: Copyright Royalty Board, Library of Congress, James Madison Memorial Building, LM-403, 101... Association of Broadcasters), Music Claimants (represented by American Society of Composers, Authors and...

  16. 78 FR 4169 - Distribution of the 2011 Cable Royalty Funds

    Science.gov (United States)

    2013-01-18

    ... brought to the Library of Congress, James Madison Memorial Building, LM-401, 101 Independence Avenue SE... addressed to: Copyright Royalty Board, Library of Congress, James Madison Memorial Building, LM-403, 101... Claimants (represented by National Association of Broadcasters), Music Claimants (represented by American...

  17. Governmental participation and its importance in the information of the royalties fund; Participacoes governamentais e sua importancia na formacao de fundo de 'royalties'

    Energy Technology Data Exchange (ETDEWEB)

    Silva, Jose Otavio; Chaves, Hernani; Dourado, Francisco de Assis; Serrao, Marcio [Centro de Informacoes sobre Petroleo e Gas Natural do Estado do Rio de Janeiro (CIPEG), Rio de Janeiro (Brazil)

    2008-07-01

    This work has the objective of presenting the governmental participation and its importance in the formation of the main royalty funds. In the present work only royalties and the special participation will be considered, which together add up to about R$ 14,7 billion in 2007. The Brazilian experience is already appearing, with some states and cities having taken the initiative to implement funds with royalty based resources. In Rio de Janeiro we have the case of the FECAM - the State Environmental Conservation and Urban Development Fund, and in Campos de Goytacazes, the FUNDECAM. In Espirito Santo, there is the Fund for the Reduction of Regional Inequalities. The international experience includes the state of Alaska, which approved, in 1976, a constitutional amendment creating a permanent fund (Permanent Fund Dividends), and in Norway, the Petroleum Fund was established in 1990 and is managed by the Central Bank, currently with assets of US$ 312 billion. In Brazil, we call attention to the fact that there is no strategy or planning on the part of the government view, since these resources are limited in time, due to the exhaustion of the petroleum basin reserves, as in the case of the Campos Basin, since the oil is a finite mineral asset. (author)

  18. 78 FR 64984 - Distribution of the 2000, 2001, 2002 and 2003 Cable Royalty Funds

    Science.gov (United States)

    2013-10-30

    ..., pursuant to Chapter 8 of [title 17], conduct a proceeding to determine the distribution of royalty fees... evidentiary value of directly negotiated licenses in setting rates and terms for royalty fees and in... LIBRARY OF CONGRESS Copyright Royalty Board [Docket No. 2008-2 CRB CD 2000-2003 (Phase II...

  19. 78 FR 50113 - Distribution of 2004, 2005, 2006, 2007, 2008, and 2009 Cable Royalty Funds

    Science.gov (United States)

    2013-08-16

    ... Congress, James Madison Memorial Building, LM-401, 101 Independence Avenue, SE., Washington, DC 20559- 6000... addressed to: Copyright Royalty Board, Library of Congress, James Madison Memorial Building, LM-403, 101... categories of copyrightable content (movies, sports programming, music, etc.). For broadcast years 2006...

  20. 76 FR 11287 - Distribution of 2005 Through 2008 DART Musical Works Funds Royalties

    Science.gov (United States)

    2011-03-01

    ..., comments must be brought to the Library of Congress, James Madison Memorial Building, LM-401, 101... envelope must be addressed to: Copyright Royalty Board, Library of Congress, James Madison Memorial... e- mail at [email protected] . SUPPLEMENTARY INFORMATION: On April 8, 2010, Broadcast Music, Inc., the...

  1. 75 FR 4423 - Distribution of the 2004 Through 2007 Satellite Royalty Funds

    Science.gov (United States)

    2010-01-27

    ... Madison Memorial Building, LM-401, 101 Independence Avenue, SE, Washington, DC 20559-6000. If delivered by... Board, Library of Congress, James Madison Memorial Building, LM-403, 101 Independence Avenue, SE... Claimants Group, Music Claimants (American Society of Composers, Authors and Publishers, Broadcast Music...

  2. 76 FR 80969 - Distribution of the 2004-2009 Cable and Satellite Royalty Funds

    Science.gov (United States)

    2011-12-27

    ... private party, comments and objections must be brought to the Library of Congress, James Madison Memorial..., Library of Congress, James Madison Memorial Building, LM-403, 101 Independence Avenue SE., Washington, DC... the major categories of copyrightable content (movies, sports programming, music, etc.) requesting the...

  3. Overview of royalty trusts

    International Nuclear Information System (INIS)

    Panarites, P.

    1996-01-01

    The nature of royalty trusts as a means of financing exploration, development, production, and refining of oil sand and heavy oil to produce competitively marketable petroleum products, was reviewed. Attributes of the two distinct classes of royalty trusts - reflexive class and the fundamental class royalty trusts - and the considerations underlying each one, were summarized. The overall conclusion was that the future performance of conventional oil and gas royalty trusts (reflexive class) will depend heavily on interest rate levels and management's ability to complete acquisitions financed with new trust unit issues. Fundamental class royalty trusts also offer long term pure exposure to the underlying business, in addition to yield

  4. 37 CFR 382.2 - Royalty fees for the digital performance of sound recordings and the making of ephemeral...

    Science.gov (United States)

    2010-07-01

    ... 37 Patents, Trademarks, and Copyrights 1 2010-07-01 2010-07-01 false Royalty fees for the digital... SATELLITE DIGITAL AUDIO RADIO SERVICES Preexisting Subscription Services § 382.2 Royalty fees for the... monthly royalty fee for the public performance of sound recordings pursuant to 17 U.S.C. 114(d)(2) and the...

  5. 37 CFR 382.12 - Royalty fees for the public performance of sound recordings and the making of ephemeral recordings.

    Science.gov (United States)

    2010-07-01

    ... 37 Patents, Trademarks, and Copyrights 1 2010-07-01 2010-07-01 false Royalty fees for the public... Preexisting Satellite Digital Audio Radio Services § 382.12 Royalty fees for the public performance of sound recordings and the making of ephemeral recordings. (a) In general. The monthly royalty fee to be paid by a...

  6. 75 FR 53198 - Rate Adjustment for the Satellite Carrier Compulsory License

    Science.gov (United States)

    2010-08-31

    ... ROYALTY FEES FOR SECONDARY TRANSMISSIONS BY SATELLITE CARRIERS Sec. 386.1 General. 386.2 Royalty fee for... transmission of broadcast stations under 17 U.S.C. 119. Sec. 386.2 Royalty fee for secondary transmission by... LIBRARY OF CONGRESS Copyright Royalty Board 37 CFR Part 386 [Docket No. 2010-4 CRB Satellite Rate...

  7. NOAA budget would boost satellite funding but cut some key areas

    Science.gov (United States)

    Showstack, Randy

    2012-03-01

    The White House's proposed fiscal year (FY) 2013 budget for the National Oceanic and Atmospheric Administration (NOAA), announced on 13 February, looks favorable at first glance. The administration's request calls for $5.1 billion, an increase of $153 million (3.1%) above the FY 2012 estimated budget. However, the increase for NOAA satellites is $163 million, which means that other areas within the agency would be slated for decreased funding, including programs within the National Ocean Service (NOS), National Marine Fisheries Service (NMFS), National Weather Service (NWS), and some NOAA education programs. The proposed overall budget for the agency “reflects the overarching importance of weather satellites to public safety, to national security, and to the economy,” NOAA director Jane Lubchenco said at a 16 February briefing, noting that difficult choices were made regarding the budget. “Due to significant resources required for our weather satellites and the economic conditions in the country, other parts of our budget have been reduced, in some cases quite significantly,” she said. She added that the imperative to fund both the Joint Polar Satellite System (JPSS) and geostationary satellites in FY 2013 “imposes serious constraints on the rest of NOAA's budget.”

  8. The Copyright Royalty Tribunal.

    Science.gov (United States)

    Brylawski, E. Fulton

    1977-01-01

    The regulatory and adjudicative structure of the newly-created Copyright Royalty Tribunal is described and guidelines for its functioning are examined. Problems in data reporting and in the determination of ownership of copyrights of works used by compulsory licensees are among the issues addressed. (LBH)

  9. 75 FR 39891 - Rate Adjustment for the Satellite Carrier Compulsory License

    Science.gov (United States)

    2010-07-13

    ... the purpose of determining the royalty fees to be paid under the satellite carrier statutory license... royalty fees in that agreement be applied to all satellite carriers, distributors, and copyright owners...: PART 386--ADJUSTMENT OF ROYALTY FEES FOR SECONDARY TRANSMISSIONS BY SATELLITE CARRIERS Sec. 386.1...

  10. Development of a funding, cost, and spending model for satellite projects

    Science.gov (United States)

    Johnson, Jesse P.

    1989-01-01

    The need for a predictive budget/funging model is obvious. The current models used by the Resource Analysis Office (RAO) are used to predict the total costs of satellite projects. An effort to extend the modeling capabilities from total budget analysis to total budget and budget outlays over time analysis was conducted. A statistical based and data driven methodology was used to derive and develop the model. Th budget data for the last 18 GSFC-sponsored satellite projects were analyzed and used to build a funding model which would describe the historical spending patterns. This raw data consisted of dollars spent in that specific year and their 1989 dollar equivalent. This data was converted to the standard format used by the RAO group and placed in a database. A simple statistical analysis was performed to calculate the gross statistics associated with project length and project cost ant the conditional statistics on project length and project cost. The modeling approach used is derived form the theory of embedded statistics which states that properly analyzed data will produce the underlying generating function. The process of funding large scale projects over extended periods of time is described by Life Cycle Cost Models (LCCM). The data was analyzed to find a model in the generic form of a LCCM. The model developed is based on a Weibull function whose parameters are found by both nonlinear optimization and nonlinear regression. In order to use this model it is necessary to transform the problem from a dollar/time space to a percentage of total budget/time space. This transformation is equivalent to moving to a probability space. By using the basic rules of probability, the validity of both the optimization and the regression steps are insured. This statistically significant model is then integrated and inverted. The resulting output represents a project schedule which relates the amount of money spent to the percentage of project completion.

  11. 75 FR 32228 - Rate Adjustment for the Satellite Carrier Compulsory License

    Science.gov (United States)

    2010-06-07

    ... voluntary negotiation period for the purpose of determining the royalty fees to be paid by satellite... President on May 27, 2010. Satellite carriers pay royalties based on a flat, per-subscriber, per-month fee... initiation of the voluntary negotiation proceedings for the purpose of determining the royalty fee to be paid...

  12. Federal and Indian oil and gas royalty valuation and management

    International Nuclear Information System (INIS)

    Anon.

    1992-01-01

    This book covers: Royalty management-an M.M.S. overview; Payor/operator/lessee royalty liability; Royalty issues for OCS lessees; Royalty valuation procedures; Gas marketing royalty issues - industry perspective; Gas marketing royalty issues - M.M.S. perspective; Settlements of gas contract disputes Royalty reporting issues; Production reporting issues; Indian royalty issues; Litigation/regulatory updates; Over/under production on federal leases, units, and communitized areas; Audit program; and M.M.S. Reference Handbook

  13. Satellites

    International Nuclear Information System (INIS)

    Burns, J.A.; Matthews, M.S.

    1986-01-01

    The present work is based on a conference: Natural Satellites, Colloquium 77 of the IAU, held at Cornell University from July 5 to 9, 1983. Attention is given to the background and origins of satellites, protosatellite swarms, the tectonics of icy satellites, the physical characteristics of satellite surfaces, and the interactions of planetary magnetospheres with icy satellite surfaces. Other topics include the surface composition of natural satellites, the cratering of planetary satellites, the moon, Io, and Europa. Consideration is also given to Ganymede and Callisto, the satellites of Saturn, small satellites, satellites of Uranus and Neptune, and the Pluto-Charon system

  14. Alberta royalty structure changes seen lacking

    International Nuclear Information System (INIS)

    Anon.

    1992-01-01

    This paper reports that Canadian petroleum companies have welcomed a revamp of Alberta's royalty structure but say it falls short of what is needed to revitalize activity in the province. The changes will give producers a cut in royalties of at least $170 million (Canadian)/year, offer incentives for new drilling, and index royalty levels to prices. The new royalty plan also will reward companies that funnel more capital into increased exploration programs. The industry association the new royalty rates tied to prices could increase royalties if prices rise above $26 (Canadian)/bbl for oil and $1.70 (Canadian)/Mcf for natural gas. Royalty take would decline below these prices. Oil prices currently are near the $26/bbl level. CAPP the it is difficult to assess the effects of the royalty changes in reactivating shut-in wells and increasing production from marginal wells

  15. Alberta oil sands royalty regime

    International Nuclear Information System (INIS)

    Asgarpour, S.

    2004-01-01

    The long term objective of the Oil Sands Business Unit of Alberta Energy is to pave the way for Alberta's bitumen production to reach 3 million barrels per day by 2020. This presentation described the national government's role in resource development. It was emphasized that since the Crown is the owner of the oil sands resource, it would benefit by providing strategic leadership and by generating a larger royalty base. The oil sands fiscal regime was described with reference to generic royalty, risk sharing, investment, and project economics. Business rule principles were also outlined along with criteria for project expansions. Both upstream and downstream challenges and opportunities were listed. 4 figs

  16. 76 FR 591 - Determination of Rates and Terms for Preexisting Subscription and Satellite Digital Audio Radio...

    Science.gov (United States)

    2011-01-05

    ... with the $150 filing fee, must be addressed to: Copyright Royalty Board, P.O. Box 70977, Washington, DC..., parties must pay the filing fee with a check or money order made payable to the ``Copyright Royalty Board... LIBRARY OF CONGRESS Copyright Royalty Board [Docket No. 2011-1 CRB PSS/Satellite II] Determination...

  17. 78 FR 78257 - Verification of Statements of Account Submitted by Cable Operators and Satellite Carriers

    Science.gov (United States)

    2013-12-26

    ... royalty fees with the Office in order to use the statutory licenses that allow for the retransmission of... royalty fees that cable operators and satellite carriers file with the Office. See 17 U.S.C. 111(d)(6... new process to allow copyright owners to audit the SOAs and associated royalty payments. The Office...

  18. The case of royalties in utilizations contracts; O caso dos royalties nos contratos de utilizacao

    Energy Technology Data Exchange (ETDEWEB)

    Manoel, Cacio Oliveira; Santos, Edmilson Moutinho dos [Universidade de Sao Paulo (USP), SP (Brazil). Escola Politecnica. Programa Interunidades de Pos-Graduacao em Energia

    2004-07-01

    This paper aims to discuss issues related to royalties payment in cases of oil and natural gas fields unitization. Those case were already registered in Brazil although the generic legislation regulating royalties payment does not contemplating them specifically. The contractual concepts of fields unitization are initially presented, highlighting the difficulties of implementing those contractual models and including the discussion regarding royalties payment. The doctrinal understanding of royalty is considered to demonstrate the possible difficulties that unitizations contracts impose for those royalties payment in the Brazilian legislation. In the end, the authors suggest exploring ideas for solving the issues raised by paper. (author)

  19. 30 CFR 281.30 - Minimum royalty.

    Science.gov (United States)

    2010-07-01

    ... 30 Mineral Resources 2 2010-07-01 2010-07-01 false Minimum royalty. 281.30 Section 281.30 Mineral Resources MINERALS MANAGEMENT SERVICE, DEPARTMENT OF THE INTERIOR OFFSHORE LEASING OF MINERALS OTHER THAN OIL, GAS, AND SULPHUR IN THE OUTER CONTINENTAL SHELF Financial Considerations § 281.30 Minimum royalty...

  20. 30 CFR 281.28 - Royalty.

    Science.gov (United States)

    2010-07-01

    ... 30 Mineral Resources 2 2010-07-01 2010-07-01 false Royalty. 281.28 Section 281.28 Mineral Resources MINERALS MANAGEMENT SERVICE, DEPARTMENT OF THE INTERIOR OFFSHORE LEASING OF MINERALS OTHER THAN OIL, GAS, AND SULPHUR IN THE OUTER CONTINENTAL SHELF Financial Considerations § 281.28 Royalty. (a...

  1. 48 CFR 52.227-6 - Royalty Information.

    Science.gov (United States)

    2010-10-01

    ... the response relating to each separate item of royalty or license fee: (1) Name and address of... 48 Federal Acquisition Regulations System 2 2010-10-01 2010-10-01 false Royalty Information. 52....227-6 Royalty Information. As prescribed in 27.202-5(a)(1), insert the following provision: Royalty...

  2. 37 CFR 384.3 - Royalty fees for ephemeral recordings.

    Science.gov (United States)

    2010-07-01

    ... 37 Patents, Trademarks, and Copyrights 1 2010-07-01 2010-07-01 false Royalty fees for ephemeral... BUSINESS ESTABLISHMENT SERVICES § 384.3 Royalty fees for ephemeral recordings. (a) Basic royalty rate. For... minimum fees shall be nonrefundable, but shall be fully creditable to royalty payments due under paragraph...

  3. 76 FR 41075 - Copyright Arbitration Royalty Panel Rules and Procedures

    Science.gov (United States)

    2011-07-13

    ... Royalty and Distribution Reform Act of 2004 was signed into law creating the Copyright Royalty Judges, Public Law 108-419, 118 Stat. 2341. The Act replaced the royalty panels with three Copyright Royalty... LIBRARY OF CONGRESS Copyright Office 37 CFR Part 251 [Docket No. 2011-5] Copyright Arbitration...

  4. Royalty Rate Structure in Case of Franchising

    OpenAIRE

    Ivan Kotliarov

    2011-01-01

    The present article contains an analysis of differences between licensing and franchising. It is demonstrated that models of royalty rate calculation developed for licensing should not be applied to franchising as benefits received by licensee and franchisee are different. It is proposed to include in the model of royalty calculation the risk reduction generated by franchisor¡¯s effective technologies and managerial support that are given to franchisee. It is demonstrated that franchisee may ...

  5. British Columbia's new coalbed methane royalty regime

    International Nuclear Information System (INIS)

    Molinski, D.

    2002-01-01

    The British Columbia Ministry of Energy and Mines is promoting the development of the coalbed methane (CBM) industry in the province in order to make CBM a viable and competitive investment option for industry. It is establishing a regulatory and fiscal regime for CBM development. Issues of concern regarding CBM development include water production, gas production rates, well numbers, and marginal economics. The features of the CBM royalty regime include a new producer cost of service allowance, the creation of a CBM royalty tax bank to collect excess PCOS allowances, and a royalty tax credit for wells drilled by the end of February, 2004. The marginal well adjustment factor threshold has been raised from 180 mcf per day to 600 mcf per day for CBM only. It was noted that royalties will probably not be payable for several years following the first commercial well because royalties are very depending on capital and operating costs, local infrastructure and price. Royalty regimes cannot save CBM from low gas prices, poor resources or economics. 2 figs

  6. 78 FR 49079 - Lease Modifications, Lease and Logical Mining Unit Diligence, Advance Royalty, Royalty Rates, and...

    Science.gov (United States)

    2013-08-12

    ... Management 43 CFR Parts 3000, 3400, 3430, et al. Lease Modifications, Lease and Logical Mining Unit Diligence... Lease Modifications, Lease and Logical Mining Unit Diligence, Advance Royalty, Royalty Rates, and Bonds... producing coal and has achieved diligence; (3) the value of any unpaid bonus payments; and (4) 100 percent...

  7. 26 CFR 1.61-8 - Rents and royalties.

    Science.gov (United States)

    2010-04-01

    ... royalties. Royalties may be received from books, stories, plays, copyrights, trademarks, formulas, patents... to the lessor in a particular case depends upon the intention of the parties, which may be indicated...

  8. 75 FR 455 - Adjustment of Cable Statutory License Royalty Rates

    Science.gov (United States)

    2010-01-05

    ... Petition to Participate, along with the $150 filing fee, may be delivered to the Copyright Royalty Board by... payments in accordance with the statutory formula described in 17 U.S.C. 111(d). Royalty fees are based... broadcast stations, there is a minimum royalty fee which must be paid. This minimum fee is not applied...

  9. Royalty Fees Part I: The Copyright Clearance Center and Publishers.

    Science.gov (United States)

    Eiblum, Paula; Ardito, Stephanie C.

    1998-01-01

    Discussion of copyrights, royalty fees, and intellectual property focuses on the Copyright Clearance Center and publishers. Topics include results of a survey of library and information science journal publishers; how users verify royalty fees; how publishers determine fees; royalty fee reporting; and terms and conditions imposed on electronic…

  10. 37 CFR 260.6 - Verification of royalty payments.

    Science.gov (United States)

    2010-07-01

    ... verification of the payment of royalty fees to those parties entitled to receive such fees, according to terms... 37 Patents, Trademarks, and Copyrights 1 2010-07-01 2010-07-01 false Verification of royalty... COPYRIGHT ARBITRATION ROYALTY PANEL RULES AND PROCEDURES RATES AND TERMS FOR PREEXISTING SUBSCRIPTION...

  11. 48 CFR 970.5227-7 - Royalty information.

    Science.gov (United States)

    2010-10-01

    ... item of royalty or license fee: (1) Name and address of licensor; (2) Date of license agreement; (3... 48 Federal Acquisition Regulations System 5 2010-10-01 2010-10-01 false Royalty information. 970... for Management and Operating Contracts 970.5227-7 Royalty information. Insert the following provision...

  12. 37 CFR 382.6 - Verification of royalty payments.

    Science.gov (United States)

    2010-07-01

    ... of royalty fees to those parties entitled to receive such fees, according to terms promulgated by the... 37 Patents, Trademarks, and Copyrights 1 2010-07-01 2010-07-01 false Verification of royalty payments. 382.6 Section 382.6 Patents, Trademarks, and Copyrights COPYRIGHT ROYALTY BOARD, LIBRARY OF...

  13. 30 CFR 202.100 - Royalty on oil.

    Science.gov (United States)

    2010-07-01

    ... 30 Mineral Resources 2 2010-07-01 2010-07-01 false Royalty on oil. 202.100 Section 202.100 Mineral... Federal and Indian Oil § 202.100 Royalty on oil. (a) Royalties due on oil production from leases subject...) All oil (except oil unavoidably lost or used on, or for the benefit of, the lease, including that oil...

  14. Tax effort and oil royalties in the Brazilian municipalities

    Directory of Open Access Journals (Sweden)

    Fernando Antonio Slaibe Postali

    2015-09-01

    Full Text Available This paper estimates a stochastic production frontier, to investigate whether municipalities covered by oil royalties in the last decade have reduced their tax effort in Brazil. The issue is relevant to the prospect of a substantial increase in these revenues and the new rules for distribution of the funds, established by Law No. 12.734/2012. The inputs were provided by personnel and capital expenditures, whereas the product was defined as the municipal tax collection. With the purpose of overcoming the endogeneity problems due to reverse causality of output on inputs, we used the lagged independent variable as instruments in the inefficiency equation. The data set is composed of a panel of Brazilian municipalities from 2002 to 2011. The results indicate that oil revenues have a negative impact on the estimated efficiencies, signaling reduced fiscal effort by the benefiting municipalities.

  15. 37 CFR 382.3 - Terms for making payment of royalty fees.

    Science.gov (United States)

    2010-07-01

    ... royalty fees. 382.3 Section 382.3 Patents, Trademarks, and Copyrights COPYRIGHT ROYALTY BOARD, LIBRARY OF... royalty fees. (a) Payment to the Collective. All royalty payments shall be made to the Collective... month for that month, commencing with the month succeeding the month in which the royalty fees are set...

  16. 25 CFR 214.10 - Royalty rates.

    Science.gov (United States)

    2010-04-01

    ... and allied substances, the lessee shall pay quarterly a royalty of 10 cents per ton of 2,000 pounds on crude material, and 60 cents per ton on refined substances. (d) For substances other than gold, silver... in the selling price per ton thereof over and above the following, which shall be the agreed base or...

  17. 30 CFR 281.29 - Royalty valuation.

    Science.gov (United States)

    2010-07-01

    ... 30 Mineral Resources 2 2010-07-01 2010-07-01 false Royalty valuation. 281.29 Section 281.29 Mineral Resources MINERALS MANAGEMENT SERVICE, DEPARTMENT OF THE INTERIOR OFFSHORE LEASING OF MINERALS OTHER THAN OIL, GAS, AND SULPHUR IN THE OUTER CONTINENTAL SHELF Financial Considerations § 281.29...

  18. 30 CFR 281.31 - Overriding royalties.

    Science.gov (United States)

    2010-07-01

    ... 30 Mineral Resources 2 2010-07-01 2010-07-01 false Overriding royalties. 281.31 Section 281.31 Mineral Resources MINERALS MANAGEMENT SERVICE, DEPARTMENT OF THE INTERIOR OFFSHORE LEASING OF MINERALS OTHER THAN OIL, GAS, AND SULPHUR IN THE OUTER CONTINENTAL SHELF Financial Considerations § 281.31...

  19. 77 FR 58175 - Resale Royalty Right

    Science.gov (United States)

    2012-09-19

    ... special instructions. FOR FURTHER INFORMATION CONTACT: Jason Okai, Counsel, Office of Policy and... copyright policy justification for enacting resale royalty right or droit de suite legislation in the United... and Montenegro, Tunisia, Turkey, Uruguay and Venezuela.\\8\\ \\6\\ See id. at 8; see also The Artist's...

  20. Double-sided Moral Hazard and Margin-based Royalty

    OpenAIRE

    NARIU, Tatsuhiko; UEDA, Kaoru; LEE, DongJoon

    2009-01-01

    This paper analyzes royalty modes in the franchise arrangements of convenience stores under double-sided moral hazard. In Japan, the majority of franchisors charge margin-based royalties based on net margins rather than sales-based royalties based on sales. We show that the franchisor can attain the first-best outcome by adopting margin-based royalties under double-sided moral hazard. We consider a case where a franchisee sells two kinds of goods; one is shipped from its franchisor and the ot...

  1. License Auctions with Royalty Contracts for (Winners and) Losers

    OpenAIRE

    Wolfstetter, Elmar; Giebe, Thomas

    2007-01-01

    This paper revisits the licensing of a non–drastic process innovation by an outside innovator to a Cournot oligopoly. We propose a new mechanism that combines a restrictive license auction with royalty licensing. This mechanism is more profitable than standard license auctions, auctioning royalty contracts, fixed–fee licensing, pure royalty licensing, and two-part tariffs. The key features are that royalty contracts are auctioned and that losers of the auction are granted the option to si...

  2. Tax neutrality and the Saskatchewan Uranium Royalty

    International Nuclear Information System (INIS)

    Campbell, H.F.; Wrean, D.L.

    1984-01-01

    The effect of the Saskatchewan Uranium Royalty (SUR) on the extraction plans of uranium mining companies operating in Saskatchewan are discussed. The SUR consists of a basic royalty on the value of production and a graduated rate of return tax. Companies are also subject to federal and provincial income taxes. A model, based on the Key Lake mine in Australia, is used to determine whether the tax regime operating in Saskatchewan has the property of neutrality and effects the optimal extraction rate. Results show that SUR is a relatively low-cost means of collecting an economic rent from uranium mining and results in a lower extraction rate contributing to environmental protection in the province. (U.K.)

  3. Optimal Licensing Strategy: Royalty or Fixed Fee?

    OpenAIRE

    Andrea Fosfuri; Esther Roca

    2004-01-01

    Licensing a cost-reducing innovation through a royalty has been shown to be superior to licensing by means of a fixed fee for an incumbent licensor. This note shows that this result relies crucially on the assumption that the incumbent licensor can sell its cost-reducing inno-vation to all industry players. If, for any reason, only some competitors could be reached through a licensing contract, then a fixed fee might be optimally chosen.

  4. The royalties application on President Kennedy city, Espirito Santo, Brazil; A aplicacao dos royalties em Presidente Kennedy, ES

    Energy Technology Data Exchange (ETDEWEB)

    Knaak, Fabricio Jose Bassetto; Cardia, Tarik Hajab [Centro Universitario Vila Velha (UVV), ES (Brazil). Curso de Relacoes Internacionais

    2008-07-01

    This work aims to assemble a study of implementation of royalty in the municipality of President Kennedy - the state of Espirito Santo, showing the disparity between the collection of royalties on oil and quality of infrastructure that the city offers. Based on data the prefecture of the municipality, PNUD and competent bodies, we will show how the money is being used comes from royalties on oil, and what policies the city council's adopting this to apply this feature. (author)

  5. Endogenous royalty factor in a licensing contract

    Directory of Open Access Journals (Sweden)

    Buratto Alessandra

    2016-01-01

    Full Text Available The owner of a well known fashion brand grants a manufacturer the rights to produce and sell a second-line brand against a percentage of the sales called royalty. To this end, the brand owner and the manufacturer sign a licensing contract which assigns the owner, who has already determined his advertising campaign, the right of determining the royalty factor. The manufacturer will plan her advertising campaign for the licenced product in order to maximize her profit. The brand owner’s objective is twofold: on the one hand, he wants to maximize the profit coming from the contract, on the other hand, he wants to improve the value of the brand at the end of a given planning period. We model this interaction between the two agents using a Stackelberg game, where the brand owner is the leader and the manufacturer is the follower. We characterise the royalty percentage and the licensee’s advertising effort which constitute the unique Stackelberg equilibrium of the game.

  6. A Primer on Alberta’s Oil sands Royalties

    Directory of Open Access Journals (Sweden)

    Sarah Dobson

    2015-12-01

    Full Text Available Fulfilling its campaign promise, the new NDP government announced a review of Alberta’s royalty framework in June 2015. The province receives royalty revenue from three main sources – natural gas, crude oil, and oil sands. Since the 2009-10 fiscal year the largest contributor to Alberta’s royalty revenues has been the oil sands. If you want a sense of how important oil sands royalties have been for Alberta’s finances, consider this: In the 2014–15 fiscal year, the government collected just over $5 billion from oil sands royalties. These royalties covered over 10 per cent of the province’s operational expenses of $48.6 billion in the same fiscal year. Over the last six fiscal years the oil sands have contributed an average of 10 per cent of revenues to provincial coffers. This makes oil sands royalties the fourth largest contributor behind personal income taxes (23 per cent, federal transfers (13 per cent and corporate income taxes (11 per cent. But how many Albertans really understand how the royalty system works? What do we mean when we say “royalty”? How does the Alberta Government calculate royalties on oil sands producers? If the system is going to change, it’s important that Albertans understand how the current system works. That is what this paper is designed to do. For Albertans to properly judge the impact of new policy, they need a solid understanding of the current policy environment. We all know that oil prices have dropped and oil sands producers are losing profitability. As such, changes to the royalty system could have a deep and profound impact on the sector. Here are some of the issues this primer will study: • Pre-payout projects vs. post-payout projects, in other words, the classification of projects for royalty purposes based on whether the cumulative costs of a project exceed its cumulative revenues • Monthly payment of royalties vs. annual payment • Understanding the unit price of bitumen and how that

  7. 10 CFR 626.7 - Royalty transfer and exchange.

    Science.gov (United States)

    2010-01-01

    ... 10 Energy 4 2010-01-01 2010-01-01 false Royalty transfer and exchange. 626.7 Section 626.7 Energy DEPARTMENT OF ENERGY (CONTINUED) SALES REGULATION PROCEDURES FOR ACQUISITION OF PETROLEUM FOR THE STRATEGIC... pursuant to an agreement between DOE and DOI for the transfer of royalty oil. (b) Acquisition strategy. (1...

  8. Aspects of royalty clauses inside freehold oil and gas leases

    International Nuclear Information System (INIS)

    Hughes, N.T.

    1998-01-01

    Some of the most common royalty clauses currently used are discussed with particular emphasis on the CAPL 88 and the CAPL 91 petroleum and natural gas lease forms and the provisions regarding lessors and lessees. The problems regarding their practical applications are described. The legal status of a royalty inside a freehold oil and gas lease is also examined. 4 refs

  9. 10 CFR 780.53 - Criteria for decisions for royalties, awards and compensation.

    Science.gov (United States)

    2010-01-01

    ... Criteria for decisions for royalties, awards and compensation. (a) In deciding a reasonable royalty fee for... 10 Energy 4 2010-01-01 2010-01-01 false Criteria for decisions for royalties, awards and... Application for Royalties and Awards Under Section 157 of the Atomic Energy Act of 1954 and Compensation Under...

  10. 37 CFR 261.4 - Terms for making payment of royalty fees and statements of account.

    Science.gov (United States)

    2010-07-01

    ... royalty fees and statements of account. 261.4 Section 261.4 Patents, Trademarks, and Copyrights COPYRIGHT OFFICE, LIBRARY OF CONGRESS COPYRIGHT ARBITRATION ROYALTY PANEL RULES AND PROCEDURES RATES AND TERMS FOR... payment of royalty fees and statements of account. (a) A Licensee shall make the royalty payments due...

  11. 37 CFR 256.2 - Royalty fee for compulsory license for secondary transmission by cable systems.

    Science.gov (United States)

    2010-07-01

    ... 37 Patents, Trademarks, and Copyrights 1 2010-07-01 2010-07-01 false Royalty fee for compulsory... ADJUSTMENT OF ROYALTY FEE FOR CABLE COMPULSORY LICENSE § 256.2 Royalty fee for compulsory license for... receipts be reduced to less than $10,400. The royalty fee payable under this paragraph shall be 0.5 of 1...

  12. 37 CFR 251.2 - Purpose of Copyright Arbitration Royalty Panels.

    Science.gov (United States)

    2010-07-01

    ... carrier royalty fees and digital audio recording devices and media payments deposited with the Register of... Arbitration Royalty Panels. 251.2 Section 251.2 Patents, Trademarks, and Copyrights COPYRIGHT OFFICE, LIBRARY OF CONGRESS COPYRIGHT ARBITRATION ROYALTY PANEL RULES AND PROCEDURES COPYRIGHT ARBITRATION ROYALTY...

  13. 37 CFR 260.3 - Terms for making payment of royalty fees.

    Science.gov (United States)

    2010-07-01

    ... royalty fees. 260.3 Section 260.3 Patents, Trademarks, and Copyrights COPYRIGHT OFFICE, LIBRARY OF... Terms for making payment of royalty fees. (a) All royalty payments shall be made to a designated agent(s... the month succeeding the month in which the royalty fees are set. (c) The agent designated to receive...

  14. 37 CFR 384.4 - Terms for making payment of royalty fees and statements of account.

    Science.gov (United States)

    2010-07-01

    ... royalty fees and statements of account. 384.4 Section 384.4 Patents, Trademarks, and Copyrights COPYRIGHT ROYALTY BOARD, LIBRARY OF CONGRESS RATES AND TERMS FOR STATUTORY LICENSES RATES AND TERMS FOR THE MAKING... royalty fees and statements of account. (a) Payment to Collective. A Licensee shall make the royalty...

  15. 37 CFR 383.4 - Terms for making payment of royalty fees.

    Science.gov (United States)

    2010-07-01

    ... royalty fees. 383.4 Section 383.4 Patents, Trademarks, and Copyrights COPYRIGHT ROYALTY BOARD, LIBRARY OF... fees. (a) Subject to the provisions of this section, terms governing timing and due dates of royalty payments, late fees, statements of account, audit and verification of royalty payments and distributions...

  16. Uranium royalties and Aboriginal economic development

    International Nuclear Information System (INIS)

    O'Faircheallaigh, C.

    1988-01-01

    In 1978 and 1979 agreements were negotiated under the Land Rights Act for development of the Ranger and Nabarlek uranium deposits, both located in the Alligator River Region. Over the period between March 1979 and June 1986, some $70 million have been paid to Aboriginal communities by these two projects. This paper is concerned with expenditure of uranium revenues by Aboriginal associations which have been established to receive up front and rental payments provided for in these agreements as well as the 30% of statutory royalties payable to Aboriginal communities affected by mining operations

  17. Royalty financing for the oil and gas industry

    International Nuclear Information System (INIS)

    Read, F. M. D.

    1998-01-01

    Key concepts in royalty financing for the oil and gas industry are described. The basic significance of royalty financing for a public company is that financing is 'off balance sheet', and can be used to achieve objectives that neither debt, equity, nor outright sale of assets or farm-outs can accomplish. Royalty financing can provide increased available capital or debt reduction while maintaining the full gross share of reserve and production volumes on the books. This paper provides an overview of the field of royalty financing, with an appreciation of the benefits, reviews each of the financial alternatives (debt, equity, farmout and or sale of assets to reduce capital requirements), and provides examples of specific application of royalty financing. It is claimed that this type of financing, which has been available to the mining sector for some time, is a useful alternative to other financing instruments to acquire new oil and gas assets, to develop new areas, to implement enhanced recovery projects or to carry out mergers and acquisitions. Used judiciously, royalty financing can provide significant benefits to both the working interest owner and his shareholders, as well as the royalty company

  18. A critique of the Saskatchewan uranium royalty

    International Nuclear Information System (INIS)

    Kwon, O.Y.

    1982-01-01

    The Saskatchewan uranium royalty system has been in operation since 1976. The objectives of the system are: 1) to ensure a minimum return to the province from extraction of uranium; 2) to capture a fair share of the 'excess' profits; 3) to provide the producers with an adequate rate of return on investment; and 4) to leave marginal production decisions unaffected. The last three objectives are intended to capture pure profits or economic rents without distorting uranium developments. Taxation as an instrument for effecting such an objective is referred to as neutral taxation. This paper evaluates the Saskatchewan system first in the light of neutral taxation, and second in light of the objective of ensuring a minimum return to the province

  19. British Columbia's new coalbed methane royalty regime

    Energy Technology Data Exchange (ETDEWEB)

    Molinski, D. [British Columbia Ministry of Energy and Mines, Victoria, BC (Canada). Energy and Minerals Div.

    2002-07-01

    The British Columbia Ministry of Energy and Mines is promoting the development of the coalbed methane (CBM) industry in the province in order to make CBM a viable and competitive investment option for industry. It is establishing a regulatory and fiscal regime for CBM development. Issues of concern regarding CBM development include water production, gas production rates, well numbers, and marginal economics. The features of the CBM royalty regime include a new producer cost of service allowance, the creation of a CBM royalty tax bank to collect excess PCOS allowances, and a royalty tax credit for wells drilled by the end of February, 2004. The marginal well adjustment factor threshold has been raised from 180 mcf per day to 600 mcf per day for CBM only. It was noted that royalties will probably not be payable for several years following the first commercial well because royalties are very depending on capital and operating costs, local infrastructure and price. Royalty regimes cannot save CBM from low gas prices, poor resources or economics. 2 figs.

  20. Our fair share : report of the Alberta Royalty Review Panel

    International Nuclear Information System (INIS)

    Hunter, W.M.; Chrapko, E.; Dwarkin, J.; McKenzie, K.; Plourde, A.; Spanglet, S.

    2007-01-01

    This final report conducted by the Alberta Royalty Review Panel determined that Albertans are not currently receiving their fair share from energy developments within the province. Royalty rates have not kept pace with recent changes in resource development in the province or with changes in world energy markets. It was argued that since Albertans own their resources, the government of Alberta must alter the royalty and tax system in order to ensure that appropriate royalties are paid. An equitable and flexible administrative framework should be developed to maintain the province's competitive edge in the global energy market. It was recommended that total shares for Albertans from oil sands developments be increased from 47 per cent to 64 per cent; conventional oil shares should be increased from 44 per cent to 49 per cent; and shares for natural gas should be increased from 58 per cent to 63 per cent. Target rates were designed to close tax gaps between economic sectors. Simplified royalty frameworks were presented for natural gas and conventional oil categories, as well as for oil sands developments. Increases of $1.9 billion in provincial revenue are anticipated as a result of the increased royalties. 5 tabs., 31 figs

  1. Oil royalties payment impact on socio-economic beneficiary countries development; O impacto do pagamento de royalties do petroleo no desenvolvimento socio-economico dos municipios beneficiarios

    Energy Technology Data Exchange (ETDEWEB)

    Lucchesi, Cesar Augusto M.; Anuatti Neto, Francisco [Universidade de Sao Paulo (USP), Ribeirao Preto, SP (Brazil). Faculdade de Economia, Administracao e Contabilidade

    2004-07-01

    This research proposes to evaluate oil royalties payment impact on socio-economic beneficiary counties indicators. In the first step, it has been made royalties payments distribution among beneficiary counties (942), what showed a meaningful paid resources concentration between 1993 and 1999, when 20% of the beneficiaries apportioned of 98,5% from this period paid royalties. For these 188 greatest exaction counties the royalties impact analyses on County Human Development Index (IDH-M) evolution showed the received royalties amount positively influenced the 2000 IDH-M additional comparing to 1991. It indicates the petroleum industry contribution to municipal development of those counties which receive these resources. (author)

  2. Selling the family silver : oil and gas royalties, corporate profits, and the disregarded public

    International Nuclear Information System (INIS)

    Warnock, J.W.

    2006-11-01

    This broad study of the oil and gas industry focused on Saskatchewan in particular. It covered the history and geopolitics of the oil industry, rising prices and super profits. It described Canada's unique position as a wealthy country whose oil and gas industry is dominated by US companies. In response to public opinion about foreign control in this sector, Alberta and Saskatchewan governments raised royalties in the 1970s. The proceeds of the royalties were placed in Heritage Funds. Saskatchewan created Sask Oil and Sask Power, while the federal government created Petro-Canada. Recently, governments have undone these reforms and privatized publicly-owned energy companies, thereby re-establishing the era of foreign, private-sector domination. The outcome has been rapid depletion of non-renewable resources and increased greenhouse gas emissions. This study also addressed the issue of peak oil and gas, and the environmental impact of greenhouse gas emissions resulting from the burning of fossil fuels. It was cautioned that the increasing exploitation of unconventional replacements such as tar sands and coalbed methane, bears a heavy social, economic and environmental cost. Special attention was given to the integration of the oil and gas industry on a North American basis and the implications for future Canadian needs. The study revealed that royalties and taxes on the oil and gas industry in Canada are among the lowest in the world. As a result, the high profit from the extraction of these non-renewable resources is going almost exclusively to the owners of the oil corporations, most of whom do not even live in Canada. It was noted that peak production of conventional oil and natural gas has come to the Canadian prairies. Saskatchewan is facing a shortage of supply and will face much higher prices within a few years. It was argued that federal and provincial governments have failed to produce a viable energy plan. refs., tabs., figs

  3. Petróleo, Royalties e Pobreza

    Directory of Open Access Journals (Sweden)

    Gicélia Mendes da Silva

    2009-08-01

    Full Text Available A exploração do petróleo se constitui num elemento significativo para a economia sergipana. A contradição existente entre o subsolo rico e a população pobre levanta indagações a respeito da gestão destes recursos e as condições de vida da população. Tais condições, aliadas à entrada de novos atores na exploração do petróleo em Sergipe e à gestão dos recursos advindos da exploração, vêm incutindo relações peculiares à política neoliberal na região e em Sergipe. O estudo foi desenvolvido a partir da análise e cruzamento de informações disponíveis na Agência Nacional do Petróleo (ANP, Instituto Brasileiro de Geografia e Estatística (IBGE, Tribunal de Contas da União (TCU e PETROBRAS, dentre outros setores. A carência de políticas sociais que ofereçam às populações condições de inserção nas questões política, econômica e social da região produtora de petróleo tem impedido o desenvolvimento efetivo e mudança no padrão de vida das populações, evidenciando a incoerência entre os altos valores depositados nos cofres públicos municipais decorrentes dos royalties e os elevados índices de pobreza apresentados na região. Tal constatação reforça a ideia de que as políticas públicas devem primar pela redução da desigualdade a partir da gestão responsável dos recursos públicos. Abstract OIL, ROYALTIES AND POVERTY The exploitation of oil has significant element for the Sergipe´s economy. However, the contradiction between the subsoils rich and poor people raises key questions about the management of these resources and the living conditions of the population. Such conditions, the entry of new actors in the scenery for the exploration of oil in Sergipe and the management of resources of exploration, instilling relations peculiar to neo-liberal policy in the region and in Sergipe. The study was developed from the analysis and crossing of information available in the national agency oil (ANP

  4. Urban politics and the oil and gas royalties; Politica urbana e os 'royalties' do petroleo

    Energy Technology Data Exchange (ETDEWEB)

    Silva, Agata Ariana Correia da [Universidade do Estado do Rio de Janeiro (UERJ), RJ (Brazil)

    2008-07-01

    The present study aims to outline the connection between the new guidelines of urban politics established by the Statute of the City and the financial aspect of the relationship between local authorities and the Oil and Gas Industry, as well as to reflect upon the fact that the oil and gas royalties are not everlasting resources and the need of the local administrative units to maintain their functions after the decay of the local Oil and Gas Industry irrespectively of federal and state support. (author)

  5. The Impact of Royalty Contract Revision in a Multistage Strategic R&D Alliance

    OpenAIRE

    Wenqiang Xiao; Yi Xu

    2012-01-01

    This paper investigates the impact of royalty revision on incentives and profits in a two-stage (research and development (R&D) stage and marketing stage) alliance with a marketer and an innovator. The marketer offers royalty contracts to the innovator. We find that the potential for royalty revision leads to more severe distortions in the optimal initial royalty contracts offered by the marketer. We show that if the innovator plays a significant role in the marketing stage, the marketer shou...

  6. Natural resource trust funds : a comparison of Alberta and Alaska resource funds

    Energy Technology Data Exchange (ETDEWEB)

    Warrack, A.A.; Keddie, R.R. [Alberta Univ., Edmonton, AB (Canada)

    2002-09-01

    Alberta and Alaska both have an economy based largely on natural resources. The cyclical nature of their economies poses a challenge to stability and sustained prosperity. During the oil crisis of 1973-1974, Alberta and Alaska began receiving oil and gas royalties. The idea of an endowment-type fund began taking shape. This fund would assist in the gradual transition from dependence on non-renewable resources to the responsible management of these resources. Both the Alberta Heritage Savings Trust Fund and the Alaska Permanent Fund were created in 1976. The governments of both jurisdictions set aside revenues from natural resource royalties to provide economic stability. Both jurisdictions followed different policies in terms of management, structure, governance, and objectives. In this paper, the authors compared both funds, examining the policy options which had an impact on their growth and successes. The results showed that in Alaska, monies are paid directly to eligible persons, while allocation decisions in Alberta have been made by the government. The government manages the fund in Alberta, while in Alaska, the fund is managed by a separate entity. The Alaskan fund continues to grow, while the the size of the Alberta fund has remained unchanged for a number of years and is not growing. 21 refs., 5 figs.

  7. 30 CFR 202.353 - Measurement standards for reporting and paying royalties and direct use fees.

    Science.gov (United States)

    2010-07-01

    ... royalties and direct use fees. 202.353 Section 202.353 Mineral Resources MINERALS MANAGEMENT SERVICE... standards for reporting and paying royalties and direct use fees. (a) For geothermal resources used to... a royalty or direct use fee is due on Form MMS-2014 in: (1) Millions of Btu to the nearest whole...

  8. 30 CFR 203.3 - Do I have to pay a fee to request royalty relief?

    Science.gov (United States)

    2010-07-01

    ... 30 Mineral Resources 2 2010-07-01 2010-07-01 false Do I have to pay a fee to request royalty... MINERALS REVENUE MANAGEMENT RELIEF OR REDUCTION IN ROYALTY RATES General Provisions § 203.3 Do I have to pay a fee to request royalty relief? When you submit an application or ask for a preview assessment...

  9. 37 CFR 382.13 - Terms for making payment of royalty fees and statements of account.

    Science.gov (United States)

    2010-07-01

    ... royalty fees and statements of account. 382.13 Section 382.13 Patents, Trademarks, and Copyrights COPYRIGHT ROYALTY BOARD, LIBRARY OF CONGRESS RATES AND TERMS FOR STATUTORY LICENSES RATES AND TERMS FOR... Audio Radio Services § 382.13 Terms for making payment of royalty fees and statements of account. (a...

  10. 25 CFR 213.44 - Division of royalty to separate fee owners.

    Science.gov (United States)

    2010-04-01

    ... 25 Indians 1 2010-04-01 2010-04-01 false Division of royalty to separate fee owners. 213.44... Division of royalty to separate fee owners. Should the removal of restrictions affect only part of the acreage covered by a lease containing provisions to the effect that the royalties accruing under the lease...

  11. 37 CFR 262.4 - Terms for making payment of royalty fees and statements of account.

    Science.gov (United States)

    2010-07-01

    ... royalty fees and statements of account. 262.4 Section 262.4 Patents, Trademarks, and Copyrights COPYRIGHT OFFICE, LIBRARY OF CONGRESS COPYRIGHT ARBITRATION ROYALTY PANEL RULES AND PROCEDURES RATES AND TERMS FOR... REPRODUCTIONS § 262.4 Terms for making payment of royalty fees and statements of account. (a) Payment to...

  12. 37 CFR 380.4 - Terms for making payment of royalty fees and statements of account.

    Science.gov (United States)

    2010-07-01

    ... royalty fees and statements of account. 380.4 Section 380.4 Patents, Trademarks, and Copyrights COPYRIGHT ROYALTY BOARD, LIBRARY OF CONGRESS RATES AND TERMS FOR STATUTORY LICENSES RATES AND TERMS FOR CERTAIN... § 380.4 Terms for making payment of royalty fees and statements of account. (a) Payment to the...

  13. 30 CFR 208.4 - Royalty oil sales to eligible refiners.

    Science.gov (United States)

    2010-07-01

    ... 30 Mineral Resources 2 2010-07-01 2010-07-01 false Royalty oil sales to eligible refiners. 208.4... MANAGEMENT SALE OF FEDERAL ROYALTY OIL General Provisions § 208.4 Royalty oil sales to eligible refiners. (a... and defense. The Secretary will review these items and will determine whether eligible refiners have...

  14. 26 CFR 514.5 - Patent and copyright royalties and film rentals.

    Science.gov (United States)

    2010-04-01

    ... 26 Internal Revenue 19 2010-04-01 2010-04-01 false Patent and copyright royalties and film rentals...) REGULATIONS UNDER TAX CONVENTIONS FRANCE Withholding of Tax § 514.5 Patent and copyright royalties and film rentals. (a) Exemption from tax. Royalties for the right to use copyrights, patents, designs, secret...

  15. 30 CFR 218.101 - Royalty and rental remittance (naval petroleum reserves).

    Science.gov (United States)

    2010-07-01

    ... 30 Mineral Resources 2 2010-07-01 2010-07-01 false Royalty and rental remittance (naval petroleum... INCENTIVES Oil and Gas, Onshore § 218.101 Royalty and rental remittance (naval petroleum reserves). Remittance covering payments of royalty or rental on naval petroleum reserves must be accomplished by...

  16. Royalty rules : Alberta producers are now beholden to formal regulations for reporting royalty payments to government levy collectors

    International Nuclear Information System (INIS)

    Cook, D.

    2006-01-01

    The Petroleum Marketing Regulation was established by the Alberta Department of Energy in July 2005 in order to clarify the rules governing conventional crude oil royalties. The regulation provides an incentive for industry to comply with the long-existing oil royalty reporting requirements through the addition of non-compliance penalties. An initial shadow billing system has been implemented to give industry the opportunity to understand their responsibilities and implement procedures to correct reporting and delivery inaccuracies. Battery operators in Alberta must now submit a royalty report to the Alberta Petroleum Marketing Commission on a monthly basis. The regulation provides provisions for interest charges on outstanding invoiced amounts, and formalizes existing eligibility requirements for the reimbursement of trucking costs associated with transporting the Crown's share. Penalties will be incurred if royalty reports contain erroneous information, or if the actual deliveries made are less than the prescribed royalty quantity. All penalties levied by the commission will now be sent to the battery operator in a monthly statement. Battery operators who wish to appeal their penalties may do so within 2 months after the date of the monthly statement. It was concluded that industry is not expected to experience any significant problems when the regulation comes into effect, as the 6 month shadow billing period will allow companies to make a smooth transition to the requirements of the new regulation. Details of information sessions for the new regulation were provided, as well as details of various non-compliance penalties. 1 fig

  17. 37 CFR 262.3 - Royalty fees for public performances of sound recordings and for ephemeral recordings.

    Science.gov (United States)

    2010-07-01

    ... 37 Patents, Trademarks, and Copyrights 1 2010-07-01 2010-07-01 false Royalty fees for public... MAKING OF EPHEMERAL REPRODUCTIONS § 262.3 Royalty fees for public performances of sound recordings and for ephemeral recordings. (a) Basic royalty rate. Royalty rates and fees for eligible nonsubscription...

  18. 37 CFR 381.8 - Terms and rates of royalty payments for the use of published pictorial, graphic, and sculptural...

    Science.gov (United States)

    2010-07-01

    ...) Payment of royalty rate. PBS or other public broadcasting entity shall pay the required royalty fees to... 37 Patents, Trademarks, and Copyrights 1 2010-07-01 2010-07-01 false Terms and rates of royalty..., Trademarks, and Copyrights COPYRIGHT ROYALTY BOARD, LIBRARY OF CONGRESS RATES AND TERMS FOR STATUTORY...

  19. 25 CFR 227.17 - Rates of rents and royalties.

    Science.gov (United States)

    2010-04-01

    ... Indians BUREAU OF INDIAN AFFAIRS, DEPARTMENT OF THE INTERIOR ENERGY AND MINERALS LEASING OF CERTAIN LANDS... same gravity, and gas, and/or natural gasoline, and/or all other hydrocarbon substances produced and... be required by the lessor. The lessee shall not be required to hold such royalty oil in storage...

  20. 37 CFR 262.7 - Verification of royalty payments.

    Science.gov (United States)

    2010-07-01

    ... Designated Agent have agreed as to proper verification methods. (b) Frequency of verification. A Copyright Owner or a Performer may conduct a single audit of the Designated Agent upon reasonable notice and... COPYRIGHT ARBITRATION ROYALTY PANEL RULES AND PROCEDURES RATES AND TERMS FOR CERTAIN ELIGIBLE...

  1. 48 CFR 252.227-7008 - Computation of royalties.

    Science.gov (United States)

    2010-10-01

    ... performing under a cost-reimbursement contract. With respect to such articles or materials made by the... 48 Federal Acquisition Regulations System 3 2010-10-01 2010-10-01 false Computation of royalties... REGULATIONS SYSTEM, DEPARTMENT OF DEFENSE CLAUSES AND FORMS SOLICITATION PROVISIONS AND CONTRACT CLAUSES Text...

  2. 75 FR 16499 - Royalty Policy Committee (RPC) Notice of Renewal

    Science.gov (United States)

    2010-04-01

    ..., Minerals Management Service; Denver, Colorado 80225-0165; telephone number (303) 231-3392. Certification I... DEPARTMENT OF THE INTERIOR Royalty Policy Committee (RPC) Notice of Renewal AGENCY: Minerals... Secretary of the Interior on the management of Federal and Indian mineral leases and revenues under the laws...

  3. Selling Albertans short : Alberta's royalty review panel fails the public interest

    International Nuclear Information System (INIS)

    Gibson, D.

    2007-10-01

    This document commented on the release of Alberta's 2007 Royalty Review Panel regarding the province's royalty system for petroleum and oil sands development. It argued that the report does not fulfill the spirit of Alberta's royalty system, which is to expect nothing less than 100 per cent of the rent collection. This document provided an analysis of the set of recommendations made by the panel. It began with a general discussion of the problems in which the royalties review was structured and flaws in the base assumptions made by the panel. It also provided an analysis of the specific recommendations within the panel's report. Last, the report proposed a set of recommendations on how a royalties reform should proceed. The authors found specific recommendations Alberta's 2007 Royalty Review Panel report to be problematic. These included the 1 per cent royalty holiday on tar sands oil; higher net royalty rate; windfall profits tax; coal bed methane and cuts in royalties for low producing wells; and value added incentives. It was concluded that the panel's report was a compromise between the public interest and those of the oil and gas sector and that the panel's goal of ensuring that Alberta remained one of the lowest tax and royalty jurisdictions in the world was fundamentally flawed. 32 refs., 4 figs

  4. Planning for maturity: Royalty changes for Alberta's conventional oil and gas production

    International Nuclear Information System (INIS)

    Ekelund, M.W.

    1993-01-01

    An overview is presented of the royalty regime in the Alberta petroleum industry. Current oil and natural gas policy reviews, royalty regime response to fluctuating prices and expectations, maturing of the oil basin, and the economic state of the industry are discussed. With low or negative returns, there is little incentive to invest in the industry. A reduction of royalty on existing pools would provide cash flow for new activity and would raise current return on equity and capital. The province of Alberta has reduced royalties on oil and gas discovered after 1973, with an expected value of reduction of $85 million of gross royalties for each. The net cost to the Crown will be $85 million for oil and ca 25% less for gas due to a drop in processing costs. The royalty collection system will also be simplified. These changes are expected to result in increased levels of oil well drilling and reactivation. 6 figs., 2 tabs

  5. Critique of the Saskatchewan Uranium Royalty in the light of neutral taxation

    International Nuclear Information System (INIS)

    Kwon, O.Y.

    1982-01-01

    The Saskatchewan Uranium Royalty System, in operation since 1976, is the provincial government's prime policy vehicle towards the uranium industry. The enunciated objectives of the royalty system are (Sask., 1977): (a) to ensure a minimum return to the province from the extraction of uranium; (b) to capture a fair share of the ''excess'' profits; (c) to provide the producers with an adequate rate of return on investment; and (d) to leave marginal production decisions unaffected. The purpose of this paper is to evaluate the royalty system in light of these objectives. This article evaluates neutral taxation and how it effects the Saskatchwan Royalty System

  6. Lifting the Hood on Alberta’s Royalty Review

    Directory of Open Access Journals (Sweden)

    Blake Shaffer

    2016-02-01

    Full Text Available After some delay and significant trepidation in the energy sector, the Government of Alberta has released the panel report on the structure of a new royalty regime. While panel members, government officials and energy sector analysts understand the intricacies of the changes that have been made, there is need for an analysis that makes the changes understandable to Albertans. This report attempts to do that. At first glance it would seem that the report calls for very little change to Alberta’s royalty structure. The oil sands framework remains virtually unchanged. Existing crude oil and natural gas wells are grandfathered under the current system for 10 years. And the “modernized royalty framework” (MRF for new wells will initially provide the same industry returns and same government take as the current system would achieve. These similarities, however, fail to reflect important underlying changes that greatly improve the structure of Alberta’s royalty framework. Albertans will be pleased to learn that the new structure better represents the costs and revenues from oil and gas extraction. Why does this matter? Albertans, as owners of the resource, can lay claim to the resource rent: the revenue from the sale of oil and gas less all the costs to develop and produce it. By poorly reflecting costs, the old system led to distorted outcomes. It both discouraged investment in otherwise profitable projects, and overly encouraged bad ones. The new framework better targets the rent while reducing distortions and inefficient behaviour. This leads to greater value for resource owners and industry alike. The most important feature of the MRF is its new drilling and completion cost allowance (DCCA. The DCCA essentially creates a cost formula used for every well in the province. Rather than a plethora of drilling incentive programs, the MRF offers a low royalty rate until cumulative revenues equal the DCCA. In essence, the new framework aligns with

  7. Formulas for fair, reasonable and non-discriminatory royalty determination

    OpenAIRE

    Salant, David J

    2007-01-01

    This paper takes an axiomatic approach to determining “Fair, Reasonable, and Non-Discriminatory” (“FRAND”) royalties for intellectual property (“IP”) rights. Drawing on the extensive game theory literature on “surplus sharing/cost sharing” problems, I describe specific formulas for determining license fees that can be derived from basic fairness principles. In particular, I describe the Shapley Value, the Proportional Sharing Rule and the Nucleolus. The Proportional Sharing Rule has the ad...

  8. The impact of taxes on bilateral royalty flows

    OpenAIRE

    Dudar, Olena; Spengel, Christoph; Voget, Johannes

    2015-01-01

    In 2013 the OECD introduced its Action Plan on base erosion and profit shifting (BEPS). One of the major concerns of this Plan is a strategic use of intangible assets as an instrument for profit shifting. The main purpose of this paper is to test whether multinational enterprises use intangibles as an important BEPS channel by empirically analysing the relationship between taxation and bilateral royalty flows. We employ the OECD data on 3,660 country-pairs for the time period o...

  9. Atlantic petroleum royalties : fair deal or raw deal

    International Nuclear Information System (INIS)

    Watkins, G.C.; Crowley, B.L.

    2001-01-01

    A study was conducted to address the controversy regarding the Newfoundland and Nova Scotia offshore royalty regimes and associated agreements. This study compared the regimes in Atlantic Canada with the best practices elsewhere and laid important groundwork for understanding the Atlantic offshore oil and gas industry. The main concern by the public is whether the distribution of returns from resource exploitation is fair. The report is divided into 6 sections which examine the nature of economic rent in the context of natural resources, and look at various instruments used to lay claim to it. A review of the resource rent royalty (RRR) instrument, dealing with a tax on net cash flow before outlining its approximation by the RRR was included along with a set of examples of such regimes in Australia, Canadian Frontier Lands, and the United Kingdom. An evaluation criteria was developed for the royalty regime and this criteria was applied to the current generic Nova Scotia and Newfoundland offshore petroleum tax regimes. It was concluded that there is room for improvement, but in general, the regimes stand up to rigorous experimentation and they provide a fair return to the provinces and citizens. The present regimes do not discourage further development of the industry. 17 refs., 1 tab., 2 figs

  10. 48 CFR 227.7009-4 - Additional clauses-contracts providing for payment of a running royalty.

    Science.gov (United States)

    2010-10-01

    ...-contracts providing for payment of a running royalty. 227.7009-4 Section 227.7009-4 Federal Acquisition... clauses—contracts providing for payment of a running royalty. The clauses set forth below are examples... desired to cover the subject matter thereof and the contract provides for payment of a running royalty. (a...

  11. 37 CFR 261.3 - Royalty fees for public performances of sound recordings and for ephemeral recordings.

    Science.gov (United States)

    2010-07-01

    ... 37 Patents, Trademarks, and Copyrights 1 2010-07-01 2010-07-01 false Royalty fees for public... § 261.3 Royalty fees for public performances of sound recordings and for ephemeral recordings. (a) For the period October 28, 1998, through December 31, 2002, royalty rates and fees for eligible digital...

  12. 37 CFR 383.3 - Royalty fees for public performances of sound recordings and the making of ephemeral recordings.

    Science.gov (United States)

    2010-07-01

    ... 37 Patents, Trademarks, and Copyrights 1 2010-07-01 2010-07-01 false Royalty fees for public... SUBSCRIPTION SERVICES § 383.3 Royalty fees for public performances of sound recordings and the making of... regulations for all years 2007 and earlier. Such fee shall be recoupable and credited against royalties due in...

  13. 37 CFR 253.8 - Terms and rates of royalty payments for the use of published pictorial, graphic, and sculptural...

    Science.gov (United States)

    2010-07-01

    ... royalty fees to each copyright owner not later than July 31 of each calendar year for uses during the... 37 Patents, Trademarks, and Copyrights 1 2010-07-01 2010-07-01 false Terms and rates of royalty..., Trademarks, and Copyrights COPYRIGHT OFFICE, LIBRARY OF CONGRESS COPYRIGHT ARBITRATION ROYALTY PANEL RULES...

  14. 37 CFR 380.3 - Royalty fees for the public performance of sound recordings and for ephemeral recordings.

    Science.gov (United States)

    2010-07-01

    ... 37 Patents, Trademarks, and Copyrights 1 2010-07-01 2010-07-01 false Royalty fees for the public... EPHEMERAL REPRODUCTIONS § 380.3 Royalty fees for the public performance of sound recordings and for ephemeral recordings. (a) Royalty rates and fees for eligible digital transmissions of sound recordings made...

  15. 37 CFR 260.2 - Royalty fees for the digital performance of sound recordings and the making of ephemeral...

    Science.gov (United States)

    2010-07-01

    ... 37 Patents, Trademarks, and Copyrights 1 2010-07-01 2010-07-01 false Royalty fees for the digital... Licensee's monthly royalty fee for the public performance of sound recordings pursuant to 17 U.S.C. 114(d..., 2007, a Licensee's monthly royalty fee for the public performance of sound recordings pursuant to 17 U...

  16. 48 CFR 227.7009-3 - Additional clauses-contracts except running royalty contracts.

    Science.gov (United States)

    2010-10-01

    ...-contracts except running royalty contracts. 227.7009-3 Section 227.7009-3 Federal Acquisition Regulations...—contracts except running royalty contracts. The following clauses are examples for use in patent release and settlement agreements, and license agreements not providing for payment by the Government of a running...

  17. 48 CFR 252.227-7006 - License grant-running royalty.

    Science.gov (United States)

    2010-10-01

    ... 48 Federal Acquisition Regulations System 3 2010-10-01 2010-10-01 false License grant-running... of Provisions And Clauses 252.227-7006 License grant—running royalty. As prescribed at 227.7009-4(a...—Running Royalty (AUG 1984) (a) The Contractor hereby grants to the Government, as represented by the...

  18. 30 CFR 227.101 - What royalty management functions may MMS delegate to a State?

    Science.gov (United States)

    2010-07-01

    ... 30 Mineral Resources 2 2010-07-01 2010-07-01 false What royalty management functions may MMS delegate to a State? 227.101 Section 227.101 Mineral Resources MINERALS MANAGEMENT SERVICE, DEPARTMENT OF... § 227.101 What royalty management functions may MMS delegate to a State? (a) If there are oil and gas...

  19. 26 CFR 513.4 - Patent and copyright royalties and film rentals.

    Science.gov (United States)

    2010-04-01

    ... 26 Internal Revenue 19 2010-04-01 2010-04-01 false Patent and copyright royalties and film rentals. 513.4 Section 513.4 Internal Revenue INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY (CONTINUED) REGULATIONS UNDER TAX CONVENTIONS IRELAND Withholding of Tax § 513.4 Patent and copyright royalties and film...

  20. Federal Oil Valuation: Efforts to Revise Regulations and an Analysis of Royalties in Kind

    National Research Council Canada - National Science Library

    1998-01-01

    ... about $4.1 billion in royalties from oil and gas leases on federal lands. By law, the states in which these leases are located receive a share of the royalties, which are calculated as a percentage of the value of the oil or gas that is produced...

  1. Municipal development indexes and petroleum royalties: a multivariable comparison approach of profiles among municipalities that receive or do not receive royalties for the petroleum they produce

    Directory of Open Access Journals (Sweden)

    Danilo Alessandro Lüdke Pereira

    2017-09-01

    Full Text Available The Brazilian oil industry has achieved high growth rates and in 2006, the country’s self-sufficiency in oil was announced. From 1991 to 2011, Petrobras’ reserves grew by 164%. In the same period, Brazil passed the oil law (Law No. 9478, establishing new criteria for the transfer of oil royalties to Brazilian municipalities. Thus, this study aims to determine whether royalty payments to municipalities have improved their social indicators in perceptible ways. Therefore, a comparison between municipalities of similar population size that receive royalties and municipalities that do not receive them, was carried out. For the comparison, certain variables were used such as: IDHM, IFDM, IDEB and the incidence of poverty. We have used the techniques of Profile Analysis, Cluster Analysis and Factor Analysis in order to verify the difference between the matrices of data, both in the municipalities cities that receive royalties and in the ones that do not receive them.

  2. Capturing Economic Rents From Resources Through Royalties and Taxes

    Directory of Open Access Journals (Sweden)

    Jack M. Mintz

    2012-10-01

    Full Text Available Oil price fluctuations, concerns over the division of resource revenues, and unconventional oil and gas developments are forcing governments to confront the same issue: how to design optimal royalty and corporate tax systems that bring in a publicly acceptable share of revenues without discouraging private investment. This paper surveys tax and royalty systems across six countries, as well as four US states and five Canadian provinces, offering concise analyses of their strengths and shortcomings to describe the best and simplest approaches to both. As in a public-private partnership, government owns the resources and allows private agents to maximize the rents resources generate. An optimal royalty system will thus be rent-based, ensuring that both owner and agent obtain maximally competitive returns so that each has incentives to continue the partnership. Such a system will also be simple, making compliance easy, manipulation difficult, and risks affordable. And it will be stable, instilling in the private sector the confidence needed to invest for the long term. As for corporate income taxes, they should be neutral across business activities, and applied at equal effective rates on economic income, to avoid distorting market forces through subsidies or needless complexity. A clean rent-based tax that allows all costs incurred by producers to be expensed or carried over, along with a corporate income tax system shorn of many of the preferences that negatively affect business activity, should be the way forward for any government looking to update their fiscal regimes for the 21st century.

  3. Urban politics and the oil and gas royalties; Politica urbana e os 'royalties' do petroleo

    Energy Technology Data Exchange (ETDEWEB)

    Silva, Agata Ariana Correia da [Universidade do Estado do Rio de Janeiro (UERJ), RJ (Brazil)

    2008-07-01

    The present study aims to outline the connection between the new guidelines of urban politics established by the Statute of the City and the financial aspect of the relationship between local authorities and the Oil and Gas Industry, as well as to reflect upon the fact that the oil and gas royalties are not everlasting resources and the need of the local administrative units to maintain their functions after the decay of the local Oil and Gas Industry irrespectively of federal and state support. (author)

  4. Fixing Saskatchewan’s Potash Royalty Mess: A New Approach for Economic Efficiency and Simplicity

    Directory of Open Access Journals (Sweden)

    Duanjie Chen

    2013-02-01

    Full Text Available For a government’s fiscal program to best serve the public interest, while also ensuring sufficient public revenue collection, it has to meet three criteria: efficiency, simplicity and fairness. Unfortunately, the royalty and tax system currently in place for Saskatchewan’s robust potash-mining industry is none of these three things; it has actually reached the point of incoherence and absurdity, or a mess. Under the current royalty and tax regime for potash producers, the tangled thicket of royalties, taxes and credits can differ between commencement dates for production, projects of different sizes, or even projects of similar size but with different profitability; it also has potash producers generally enjoying a much lighter tax burden on marginal investments than that borne by the oil and gas industry and most other non-resource industries. The result is distortions and inefficiencies, resulting in subpar investment activity, which can only stand in the way of Saskatchewan reaching its full economic potential. That needs to change. The Saskatchewan government can implement a simpler and properly structured rent-based tax and a revenue-based royalty as minimum payment (where the royalty can be credited against the rent tax, each with a single rate and an identical tax base for all tax and royalty payers. Such a properly structured royalty and tax system can deliver improved productivity, without reducing investment incentives, resulting in a better partnership for both Saskatchewan’s industry and government in the long run.

  5. Spatial Distribution of Estimated Wind-Power Royalties in West Texas

    Directory of Open Access Journals (Sweden)

    Christian Brannstrom

    2015-12-01

    Full Text Available Wind-power development in the U.S. occurs primarily on private land, producing royalties for landowners through private contracts with wind-farm operators. Texas, the U.S. leader in wind-power production with well-documented support for wind power, has virtually all of its ~12 GW of wind capacity sited on private lands. Determining the spatial distribution of royalty payments from wind energy is a crucial first step to understanding how renewable power may alter land-based livelihoods of some landowners, and, as a result, possibly encourage land-use changes. We located ~1700 wind turbines (~2.7 GW on 241 landholdings in Nolan and Taylor counties, Texas, a major wind-development region. We estimated total royalties to be ~$11.5 million per year, with mean annual royalty received per landowner per year of $47,879 but with significant differences among quintiles and between two sub-regions. Unequal distribution of royalties results from land-tenure patterns established before wind-power development because of a “property advantage,” defined as the pre-existing land-tenure patterns that benefit the fraction of rural landowners who receive wind turbines. A “royalty paradox” describes the observation that royalties flow to a small fraction of landowners even though support for wind power exceeds 70 percent.

  6. Mining royalties and the implications of the Northern Territory Green Paper for the Australian mining industry

    International Nuclear Information System (INIS)

    Garnaut, R.

    1982-01-01

    The 1981 Green Paper on Mining Royalty Policy for the Northern Territory is a significant landmark in the evolution of fiscal policy in relation to mining in Australia. However, as with mining on Aboriginal land, the Green Paper and the new Royalties Bill have not settled fiscal policy in relation to uranium mining. The Commonwealth still, although presumably temporarily, retains the power to set and to collect royalties on uranium mining. The coincidence that places the most valuable known uranium deposits on Aboriginal land further increases uncertainty about fiscal policy

  7. Geological uncertainties in the estimates of royalties; As incertezas geologicas na previsao de receitas de 'royalties'

    Energy Technology Data Exchange (ETDEWEB)

    Silva, Jose Otavio; Chaves, Hernani A. Fernandes [Universidade do Estado do Rio de Janeiro (UERJ), RJ (Brazil). Dept. de Estratigrafia e Paleontologia. Geologia do Petroleo, Gas Natural e Carvao; Fundacao Carlos Chagas Filho de Amparo a Pesquisa do Estado do Rio de Janeiro (FAPERJ), Rio de Janeiro, RJ (Brazil); Centro de Informacoes de Petroleo e Gas Natural (CIPEG), Rio de Janeiro, RJ (Brazil)

    2008-07-01

    In the economic analysis of oil basins, several variables are involved, such as: reserves, exploration risk, technology, production, price, among others. In the present we will focus on the variables reserves, production and prices. The geologic uncertainties in the analysis of petroleum basins start with the quantification of the reserves, which present diverse classifications and varied concepts. Within the geologic uncertainties, the production is one of the variables which influence the payment of royalties, due to the fluctuations that occur in the production cycle during the useful life of a producing field. To arrive at the production phase, the production chain indicates exploration, evaluation and development, stages which must be overcome so the final objective can be reached, which is the extraction of oil. The peculiar characteristics of the industry and the production chain, composed of several phases, besides the political and financial risk inherent to the petroleum activity, mean that high investments are necessary in order to maintain increasing production to meet the consumption requirements. First the reserves, then the development, exploration and, finally, the production are evaluated. The price is one of the components in the calculation of oil royalties, being influenced by diverse internal and external factors, which will be shown during the course of this work. (author)

  8. 75 FR 26798 - Distribution of the 2000-2003 Cable Royalty Funds

    Science.gov (United States)

    2010-05-12

    ... radio broadcast programming; and music contained on all broadcast programming. In Phase II, the... FCC regulated the cable industry in 1976. The FCC restricted the number of distant signals that cable... stance towards the cable industry and eliminated these sets of rules. See, Malrite T.V. v. FCC, 652 F.2d...

  9. 75 FR 57063 - Distribution of the 2004 and 2005 Cable Royalty Funds

    Science.gov (United States)

    2010-09-17

    ..., Huron Consulting Group, Tr. at 36-37; John F. Wilson, Senior Vice President & Chief TV Programming... 1529; Jonda K. Martin, id. at 1529-30; Dr. Martin R. Frankel, Professor of Statistics and Computer...\\ regarding certain programming on Station WGN-TV (Chicago, Illinois) during the years 1998-99 and 2004-05...

  10. 76 FR 7590 - Distribution of 2000, 2001, 2002, and 2003 Cable Royalty Funds

    Science.gov (United States)

    2011-02-10

    ... Madison Memorial Building, LM-401, 101 Independence Avenue, SE., Washington, DC 20559-6000. If delivered... Madison Memorial Building, LM-403, 101 Independence Avenue, SE., Washington, DC 20559-6000. FOR FURTHER... of the major categories of copyrightable content (movies, sports programming, music, etc.) requesting...

  11. 78 FR 64023 - Distribution of 2009 through 2011 DART Musical Works Funds Royalties

    Science.gov (United States)

    2013-10-25

    ... delivery, parties shall direct delivery of comments to the Library of Congress, James Madison Memorial... Madison Memorial Building, LM-403, 101 Independence Avenue SE., Washington, DC 20559-6000. FOR FURTHER... Music, Inc., the American Society of Composers, Authors and Publishers, SESAC, Inc., and The Harry Fox...

  12. Eco-Technology Licensing under Emission Tax: Royalty vs. Fixed-Fee

    OpenAIRE

    Seung-Leul Kim; Sang-Ho Lee

    2014-01-01

    This article considers the licensing strategies of eco-technology when an innovator provides pollution abatement goods to oligopolistic polluting firms that produce consumption goods and emit environmental pollutants. In the presence of emission tax, two types of licensing contracts, royalty and fixed-fee, are examined to analyze market equilibrium and to compare their welfare consequences. We show that an eco-innovator provides a non-exclusive license under a royalty contract while it might ...

  13. Vertical integration and the licensing of innovation with a fixed fee or a royalty

    OpenAIRE

    Lemarié, S.

    2005-01-01

    In this paper, we analyse a situation where a patent holder is considered as an upstream firm that can license its innovation to some downstream companies that compete on a final market with differentiated products. Licensing contract may be based either on a royalty or a fixed fee. The patent holder can either be independant or vertically integrated with one of the downstream companies. We show that a licence based on a royalty works better with vertical integration, and that consequently, t...

  14. Analisis Perhitungan Royalty Fee Franchise Menurut Konsep Musyarakah: Studi pada Jarimatika Darussalam

    OpenAIRE

    MR, Nurjannah; Wahid, Nazaruddin A

    2013-01-01

    This study aims to analyze the calculation of royalty fee at a franchise of Jarimatika in Darussalam Banda Aceh from musyarakah perspective and analyze the strategy employed in solving the dispute. Data was gathered through an in-depth interview and documentation study. The results indicated that in general the calculation of royalty fee was based on profit sharing system, where the total revenue minus 15% operating expenses for the franchisor, and the rest is shared 40% for the franchisor an...

  15. Mining Royalties and Incentives for Security Operations: Evidence from India's Red Corridor

    OpenAIRE

    Vanden Eynde , Oliver

    2015-01-01

    Can tax regimes shape the incentives of governments to engage in or support counterinsurgency operations? India’s Maoist belt contains a large share of the country’s most valuable mineral deposits. Indian mining royalties benefit the States, but they are set by the central government. States are largely responsible for counter-insurgency operations within their territory. Therefore, the royalty regime could shape the incentive of states to support counter-insurgency efforts ien mining areas. ...

  16. Petroleum royalties: influence in the municipalities of Espirito Santo, Brazil; Royalties do petroleo: influencia nos municipios capixabas

    Energy Technology Data Exchange (ETDEWEB)

    Campos, Adriana Fiorotti; Carolino, Jaqueline; Zanete, Roberta Rasseli

    2008-07-01

    The article has for objective to demonstrate the positive and negative impacts of the exploration of petroleum in the Municipal districts, giving emphasis to the destination of the resources obtained by the referred royalties in those federal entities. It is known that the economical activities linked directly to the industry of the petroleum are temporary. The announcement of the perspective of current economical activities of the implantation of that industry creates the expectation of generation of offer of abundant labor. The phenomenon raises migratory demographic pressure uncontrollable on the production areas and neighbors. The migration generates overloads of public services and lack of community equipment, already insufficient to assist to the existent demands. Besides, it happens environmental degradation and the consequent reduction of the tourist activities in the municipal districts that stand out for their natural beauties. The Municipal districts assume an obligation the new, urgent and unexpected investments, stopping destining resources to the productive diversification for warranty of the future generations. (author)

  17. Sustained Satellite Missions for Climate Data Records

    Science.gov (United States)

    Halpern, David

    2012-01-01

    Satellite CDRs possess the accuracy, longevity, and stability for sustained moni toring of critical variables to enhance understanding of the global integrated Earth system and predict future conditions. center dot Satellite CDRs are a critical element of a global climate observing system. center dot Satellite CDRs are a difficult challenge and require high - level managerial commitment, extensive intellectual capital, and adequate funding.

  18. Honoraripoliitikast Eestis stalinismi perioodil. The Politics of Royalties in Estonia During the Stalinist Era

    Directory of Open Access Journals (Sweden)

    Eve Annuk

    2012-04-01

    Full Text Available The article treats the topic of royalty politics within the field of Estonian literature during the Stalinist era. This is an introductory treatment of the topic with the aim of opening up a discussion and to introduce corresponding sources. The topic of royalties has avoided the attention of researchers; up until now, no studies have been made. Despite this, it is an important topic, since the role of royalties in Soviet cultural politics shouldn’t be underestimated. Even though the cultural politics of the Soviet system are usually treated as repressive pressure, the politics of royalties bring out a different aspect by revealing a bonus system with which authors were incited to create conformist texts. Several different kinds of sources relating to royalties can be found , the most important of them being the laws on author royalties. The first of these was the Author Royalties Act passed by the People’s Commissariat of the Estonian SSR and in force already in 1944. Laws passed in 1948 and 1952 regulated the payment of royalities for both fictional works as well as all other kinds of works, such as scientific and technical publications, popular science, dictionaries, school text books, various kinds of collections, translations, etc. The laws were passed according to the boundaries of the work, such as artistic value or ideological level. Larger royalties were paid for works which were ’better’ in an ideological sense. Fiction and literary studies paid the best, which shows just how important literature as ideological education was to the Soviet system. The laws were in-depth and detailed and saw regular additions, such as in 1960 when several regulations were issued. Archival sources and honorary copies of Estonian newspapers and authorpublisher agreements consitute other important sources in addition to the legislation. From the honorary copies , the size of the royalties paid becomes clear. The source value of these documents is

  19. Pension Fund

    CERN Multimedia

    HR Department

    2009-01-01

    In line with the decisions concerning the new governance of the Pension Fund taken by the Council in June and September 2007, amendments to Section 2 "Structure and Functions" of the Rules of the Fund (Article I 2.08 – Composition of the Investment Committee and Article I 2.08b – Chairman of the Investment Committee) entered into force on 1st January 2009. These articles replace the provisions of the existing Regulations of the Investment Committee of the Pension Fund relating to the composition and chairman of the Investment Committee. Amendment No. 27 (PDF document) may be downloaded directly from the Pension Fund website: http://pensions.web.cern.ch/Pensions/statuts___rules.htm or obtained from the Administration of the Fund (Tel. 022 7672742, mailto:Barbara.Bordjah@cern.ch).

  20. ARGICULTURAL LAND PROTECTION FUND AND FOREST FUND AS ECOLOGICAL FUNDS

    OpenAIRE

    Bartosz Bartniczak

    2009-01-01

    Funds for environmental protection and water management, Agricultural Land Protection Fund and Forest Fund make up the Polish system of special fund in environment protection. The main aim of this article is to analyze the activity of two latest funds. The article tries to answer the question whether that funds could be considered as ecological funds. The author described incomes and outlays of that funds and showed which reform should be done in Polish special funds system.

  1. Pension Fund

    CERN Multimedia

    2005-01-01

    Amendment No 21 to the Rules and Regulations of the Pension Fund has just been published and can be obtained from Department/Unit secretariats or, in the case of pensioners, directly from the Administration of the Fund (tel. 767-91 94/27 38), bldg 5, 1-030. This Amendment, which entered into force on 17.03.2005, concerns Article I 2.05 (Composition of the Governing Board) and Article I 2.06 (Chairman and Vice-Chairmen of the Governing Board) of the Rules of the Pension Fund.

  2. Pension Fund

    CERN Multimedia

    HR Department

    2007-01-01

    The Rules and Regulations of the Pension Fund have been updated, following Council's decision of December 2006 concerning the adjustment of pensions, fixed amounts and allowances by 1.16% with effect from 1.1.2007 (Annex B, page 31). The updated version can be downloaded directly from the Pension Fund's website (http://pensions.web.cern.ch/Pensions/statuts___rules.htm or obtained from the Fund Administration (Tel. 022 767 27 42, Building 5, 1-030, or by e-mail Sophia.Revol@cern.ch).

  3. Pension Fund

    CERN Multimedia

    HR Department

    2007-01-01

    The Rules and Regulations of the Pension Fund have been updated, following Council's decision of December 2006 concerning the adjustment of pensions, fixed amounts and allowances by 1.16% with effect from 1.1.2007 (Annex B, page 31). The updated version can be downloaded directly from the Pension Fund's website (http://pensions.web.cern.ch/Pensions/statuts___rules.htm) or obtained from the Fund Administration (Tel. 022 767 27 42, Building 5, 1-030), or by e-mail (Sophia.Revol@cern.ch).

  4. Peering into Alberta’s Darkening Future: How Oil Prices Impact Alberta’s Royalty Revenues

    Directory of Open Access Journals (Sweden)

    Sarah Dobson

    2015-03-01

    Full Text Available The price of oil just keeps collapsing — and the fate of Alberta’s revenues is buckling with it. Going into March 2015, it seemed as if prices might have finally found a bottom, somewhere between US$48 and US$52. By the second week of March, they began falling again, to the low forties. These are prices the Alberta government had not even ventured to fathom when first putting together its forecasts for the impact of falling oil prices on the province’s finances. Come the fourth quarter of the Alberta government’s 2014/15 fiscal year, the province’s finances will begin to really feel the blow from the plunge in oil, as royalty payments dry up significantly. Come the 2015/16 fiscal year, the situation becomes even bleaker. In fact, the current fiscal year will seem pleasant compared to the next one. Due to a stronger than expected first half of the year, actual bitumen and crude oil royalties collected in Alberta from April to September 2014 exceeded estimates by $1.3 billion. That will mitigate some of the damage that the continuing slide in prices will cause by the year’s end, with the government’s third quarter update showing expected year-end crude oil and bitumen royalty revenues falling short of the budget target by $549 million. So severe has the fall in oil prices been that, in March 2015, the number of barrels of conventional oil that the government collects in royalties could plummet by up to 53,000 barrels from the 2014/15 budget forecast, declining to just 4,100 barrels per day. This suggests that prices may be nearing a point where royalty collection from conventional crude oil production is at risk of being virtually eliminated. Bitumen royalties are not faring much better. Relative to July 2014, per barrel royalties in February 2015 have potentially declined by 60 to 90 per cent. All told, the combined effect of the changing exchange rate, lower prices, and the lower royalty rates that take effect in this low

  5. 30 CFR 206.356 - How do I calculate royalty or fees due on geothermal resources I use for direct use purposes?

    Science.gov (United States)

    2010-07-01

    ... 30 Mineral Resources 2 2010-07-01 2010-07-01 false How do I calculate royalty or fees due on... Resources § 206.356 How do I calculate royalty or fees due on geothermal resources I use for direct use... revised fees schedules using the following formulas: ER02MY07.004 Where: RV = Royalty due as a function of...

  6. 30 CFR 206.360 - What records must I keep to support my calculations of royalty or fees under this subpart?

    Science.gov (United States)

    2010-07-01

    ... calculations of royalty or fees under this subpart? 206.360 Section 206.360 Mineral Resources MINERALS... Resources § 206.360 What records must I keep to support my calculations of royalty or fees under this subpart? If you determine royalties or direct use fees for your geothermal resource under this subpart...

  7. 30 CFR 203.60 - Who may apply for royalty relief on a case-by-case basis in deep water in the Gulf of Mexico or...

    Science.gov (United States)

    2010-07-01

    ...-case basis in deep water in the Gulf of Mexico or offshore of Alaska? 203.60 Section 203.60 Mineral... basis in deep water in the Gulf of Mexico or offshore of Alaska? You may apply for royalty relief under... REDUCTION IN ROYALTY RATES OCS Oil, Gas, and Sulfur General Royalty Relief for Pre-Act Deep Water Leases and...

  8. Pension Fund

    CERN Multimedia

    2006-01-01

    As announced in the Bulletin during the summer, the Pension Fund has published a complete new version of the Fund's Rules and Regulations incorporating all amendments up to 1 November 2006, following the decisions of the CERN Council. This new version of the Rules and Regulations can be downloaded in A4 format (pdf document) directly from the Pension Fund's website (http://pensions.web.cern.ch/Pensions/statuts___rules.htm for the Rules and http://pensions.web.cern.ch/Pensions/règlements___regulations.htm for the Regulations) or obtained from the Fund Administration (Tel. 022 767 27 42, Building 5, 1-030, or by e-mail Sophia.Revol@cern.ch).

  9. Pension Fund

    CERN Multimedia

    HR Department

    2009-01-01

    In line with the decisions taken by the Council in June and September 2007 concerning the new governance of the Pension Fund, amendments to Section 2 «Structure and Functions» of the Rules of the Fund entered into force on 1st January 2009 (Article I 2.08 – Composition of the Investment Committee and Article I 2.08bis – Chairman of the Investment Committee). Amendment n°27 may be downloaded (PDF document) directly from the Pension Fund website: http://pensions.web.cern.ch/Pensions/statuts___rules.htm or obtained from the Administration of the Fund (Tel. 022 767 2742, mailto:Barbara.Bordjah@cern.ch).

  10. Funding innovation

    CERN Multimedia

    Marina Giampietro

    2012-01-01

    For the first time, six knowledge and technology transfer activities are set to benefit from a dedicated fund made available by the Knowledge Transfer group. This initiative cements CERN’s commitment to sharing its technological knowledge and expertise with society.   GEM detectors for flame detection and early earthquake prediction, radio-frequency absorbers for energy recovery, and exotic radioisotopes for medical applications are among the projects funded by the recently introduced KT Fund. “CERN’s scientific programme generates a considerable amount of intellectual property, a natural driver for innovation,” explains Giovanni Anelli, Head of the Knowledge Transfer Group. “Very often, though, financial support is needed to bring the newly-born technologies a step further and make them ready for transfer to other research institutes or to companies.” This is where the KT fund comes into play. It provides vital support in the early sta...

  11. Pension Fund

    CERN Multimedia

    2004-01-01

    Amendment No 20 to the Rules and Regulations of the Pension Fund has just been published and can be obtained from Department/Unit secretariats or, in the case of pensioners, directly from the Administration of the Fund (tel. 767-91 94/27 38), bldg 5, 1-030. This Amendment, which entered into force on 1.1.2004, concerns the fixed sums and allowances adjusted at same date (Annex B).

  12. Pension Fund

    CERN Multimedia

    HR Department

    2008-01-01

    The 2007 Annual Report and Accounts of the Pension Fund which was approved by Council at its session of 20 June 2008, is now available from the Departmental secretariats. Pension beneficiaries who wish to obtain this document should contact Emilie Clerc (Tel. + 41 22 767 87 98), building 5-5/017. It is also available on the Pension fund site: http://pensions.web.cern.ch/Pensions/

  13. 30 CFR 204.5 - What statutory requirements must I meet to obtain royalty prepayment or accounting and auditing...

    Science.gov (United States)

    2010-07-01

    ... obtain royalty prepayment or accounting and auditing relief? 204.5 Section 204.5 Mineral Resources... prepayment or accounting and auditing relief? (a) MMS and the State may allow royalty prepayment or accounting and auditing relief for your marginal property production if MMS and the State jointly determine...

  14. 77 FR 14041 - Major Portion Prices and Due Date for Additional Royalty Payments on Indian Gas Production in...

    Science.gov (United States)

    2012-03-08

    ... index zone pricing. We approved the Ute Indian Tribe's request; therefore, you must value production... due date for industry to pay additional royalties based on the major portion prices. This notice... additional royalties based on the major portion prices is May 7, 2012. FOR FURTHER INFORMATION CONTACT: John...

  15. Pension Fund

    CERN Multimedia

    HR Department

    2008-01-01

    The Pension Fund Governing Board (PFGB) held two meetings over the summer, the first on 9 June and the second on 1st September. The agendas of the two meetings had several items in common, including progress reports on the work of the four working groups. Group 1, which is responsible for the revision of Chapter I, Section 2 of the Rules of the Fund, has made good progress but will need more time to complete its terms of reference in view of the number and complexity of the articles to be amended. In parallel, the Group has approved a code of conduct for the Pension Fund, which is based, in particular, on the new charter introduced for Swiss pension funds by the Swiss Association of Provident Institutions (ASIP) and the CFA (Chartered Financial Analyst) code of ethics applicable to members of pension fund bodies. The PFGB took note that the Group had also been working on the rules relating to the status of the personnel of the Fund and the composition of the Investment Committee. The work of Group 2, responsi...

  16. Pension fund

    CERN Multimedia

    2006-01-01

    At its June 2006 meeting, the Finance Committee approved the following amendment to Article 6a of the Regulations for elections to the Governing Board of the Pension Fund, which will enter into force on 1.7.2006: Current text New text ... 6a. The Administrator of the Fund shall be responsible for holding the elections and for issuing all relevant information. ... ... 6a. The Administrator of the Fund shall be responsible for holding the elections by electronic voting or, if this method cannot be used, following the procedure outlined in Articles 6i., 6j. and 6k. below. He shall issue to the members of the Pension Fund all relevant information concerning the elections. The deadlines mentioned in paragraphs 6i. and 6j. below shall apply mutatis mutandis to electronic voting. ... The amendment will allow the Pension Fund to use an electronic voting procedure for the election of elected members to the Governing Board of the Fund. It will be included in a complete new edition of the Rules and Regulatio...

  17. Taxing Canada’s Cash Cow: Tax and Royalty Burdens on Oil and Gas Investments

    Directory of Open Access Journals (Sweden)

    Jack M. Mintz

    2010-02-01

    Full Text Available This paper addresses in depth the impact of both corporate taxes and royalties on the decision to invest in the oil and gas sector for British Columbia, Alberta, Saskatchewan, Nova Scotia and Newfoundland & Labrador and in comparison to Texas. Similar to Chen and Mintz (2009, we estimate the marginal effective tax rate on capital for the oil and gas sector, comparable to other sectors in the economy. In our assessment, we include federal and provincial corporate income taxes, sales taxes on capital purchases and other capital-related taxes in our assessment such as severance taxes and royalties. Except for oil and gas investments in Nova Scotia and Newfoundland & Labrador offshore developments, oil and gas investments bear a higher tax burden compared to other industries in Canada. In other words, oil and gas investments are generally not “subsidized” but bear a higher level of taxes and royalties on investment compared to other industries.

  18. PENSION FUND

    CERN Multimedia

    1999-01-01

    The Governing Board of the Pension Fund held its first three meetings of the year on 2 February, 2 March and 13 April.At the first of these meetings the Board first heard a presentation by Mrs H. Richmond of JP Morgan on the results of the currency overlay programme applied to the Fund's assets. Thanks to the policy pursued by this company, volatility, i.e. portfolio risk for assets denominated in currencies other than the Swiss franc, has been reduced. However, despite the fact that JP Morgan has considerable expertise in this field, no gain has been achieved over the past year. The Governing Board heard a report by the Investment Committee Chairman G. Maurin on the meetings of 21-22 and 28 January at which the Pension Fund's various fund managers had been interviewed on their results. Decisions were taken on benchmarks aimed at optimising management and on the terms of reference of the Internal Management Unit. It was also decided to place two fund managers on a watching list and to request them to make eve...

  19. Pension Fund

    CERN Multimedia

    HR Department

    2008-01-01

    The PFGB held two meetings over the summer, the first on 9 June and the second on 1st September. The agendas of the two meetings had several items in common, including progress reports on the work of the four working groups. Group 1, which is responsible for the revision of Chapter I, Section 2 of the Rules of the Fund, has made good progress but will need more time to complete its terms of reference in view of the number and complexity of the articles to be amended. In parallel, the Group has approved a code of conduct for the Pension Fund, which is based, in particular, on the new charter introduced for Swiss pension funds by the Swiss Association of Provident Institutions (ASIP) and the CFA (Chartered Financial Analyst) code of ethics applicable to members of pension fund bodies. The PFGB took note that the Group had also been working on the rules relating to the status of the personnel of the Fund and the composition of the Investment Committee. The work of Group 2, resp...

  20. Pension Fund

    CERN Multimedia

    2003-01-01

    All members and beneficiaries of the Pension Fund are invited to attend the Annual General Asssembly to be held in the CERN Auditorium on Wednesday 8 October 2003 at 14.30 hrs The Agenda comprises: 1. Opening RemarksJ. Bezemer 2. Annual Report 2002: Presentation and results Copies of the Report are available from divisional secretariats. C. Cuénoud 3. Overview of the present situation with regard to pension funds C. Cuénoud 4. Performance of the Fund since the year 2000 and aspects of the ongoing asset/liability modelling exercise G. Maurin 5. Questions from members and beneficiariesPersons wishing to ask questions are encouraged to submit them, where possible, in writing in advance, addressed to Mr C. Cuénoud, Administrator of the Fund. 6. Conclusions J. Bezemer As usual, participants are invited to drinks after the assembly. NB The minutes of the 2002 General Assembly are available from the Administration of the Fund tel.(+4122)767 27 42; e-mail Sophia.Revol@cern.ch)

  1. ANALISIS PERHITUNGAN ROYALTY FEE FRANCHISE MENURUT KONSEP MUSYARAKAH: STUDI PADA JARIMATIKA DARUSSALAM

    Directory of Open Access Journals (Sweden)

    Nurjannah MR

    2013-12-01

    Full Text Available This study aims to analyze the calculation of royalty fee at a franchise of Jarimatika in Darussalam Banda Aceh from musyarakah perspective and analyze the strategy employed in solving the dispute. Data was gathered through an in-depth interview and documentation study. The results indicated that in general the calculation of royalty fee was based on profit sharing system, where the total revenue minus 15% operating expenses for the franchisor, and the rest is shared 40% for the franchisor and 60% for the franchisee. Although the system seems normal, the determination 15% of operating cost, however, created a problem for the franchisee as the total income received was not cover the regular operational costs. Consequently, the franchisee unable to fulfill its obligation of paying the royalty fees on time. To solve this problem, the franchisor provide an extension for the franchisee to pay the royalty fee. However, during the grace period, the franchisee was not allowed to order the equipment needed to run the operation. As a result, it created another problem for the franchisee as it would not be able to run the operation due to insufficient equipment. =========================================== Penelitian ini bertujuan untuk menganalisis perhitungan royalty fee pada franchise Jarimatika Darussalam dalam perpektif musyarakah, dan strategi yang digunakan dalam penyelesaian masalah profit sharing di Jarimatika tersebut. Data penelitian dikumpulkan melalui wawancara mendalam dan studi dokumentasi. Data yang terkumpul kemudian dianalisis dengan metode deskriptif analisis. Hasil dari penelitian ini menunjukkan bahwa mekanisme perhitungan royalty fee pada Jarimatika Darussalam menggunakan sistem profit sharing, dimana total pendapatan dikurangi beban operasional sebesar 15%, dan sisanya dibagi dua bagian, franchisor 40% dan franchisee 60%. Dalam kenyataannya, penetapan biaya beban operasional yang fix sebesar 15 % ini yang menyebabkan franchisee

  2. Licensing Uncertain Patents: Per-Unit Royalty vs Up-Front Fee

    OpenAIRE

    Encaoua , David; Lefouili , Yassine

    2008-01-01

    ED EPS; In this paper we examine the implications of uncertainty over patent validity on patentholders' licensing strategies. Two licensing mechanisms are examined: per-unit royalty and up-front fee.We provide conditions under which uncertain patents are licensed in order to avoid patent litigation. It is shown that while it is possible for the patentholder to reap som e "extra profit" by selling an uncertain patent under the pure per-unit royalty regime, the opportunity to do so does not exi...

  3. Negative royalty in duopoly and definition of license fee: general demand and cost functions

    OpenAIRE

    Hattori, Masahiko; Tanaka, Yasuhito

    2017-01-01

    We examine the relationship between the definition of license fee and a possibility of negative royalty in a duopoly with an outside innovator which has an option to enter the market and imposes a combination of a royalty per output and a fixed fee under general demand and cost functions. We consider two scenarios about determination of license fee. One is a scenario which does not assume entry of the innovator, and the other is a scenario which takes a possibility of entry of the innovator i...

  4. Pension Fund

    CERN Multimedia

    2003-01-01

    Amendment No 19 to the Rules and Regulations of the Pension Fund has just been published and can be obtained from Divisional secretariats or, in the case of pensioners, directly from the Administration of the Fund (tel. 767-91 94/27 38), bldg 5, 1-030. This Amendment, which entered into force on 1.1.2003, concerns 1) the fixed sums and allowances adjusted at same date (Annex B) and 2) the articles which have been amended, in accordance with the Finance Committee's decision, regarding voting rules of the Governing Board and the role and composition of the Investment Committee.

  5. Ethical aspects of the oil exploration: the royalties and the intergenerational issue; Aspectos eticos da exploracao do petroleo: os royalties e a questao intergeracional

    Energy Technology Data Exchange (ETDEWEB)

    Carvalho, Flavia Cahete Lopes

    2008-03-15

    This work has as purpose to discuss the ethical aspects of the petroleum exploration mainly that ones which are referred to the intergenerational question. In this context, it is intended to discourse on the payment of royalties in reason of the exploration of oil, as a tool that guarantees the intergenerational fairness. Conceptually, the goal of the payment of royalties for the exploration of an exhaustible is exactly to guarantee that the future generations are compensated by the absence of the explored natural resources. Moreover, the work intends to verify whether the current Brazilian model of distribution and application of the referring resources that derives of the oil production corroborates for the sustainability of the future generations, which will not be able to count on the cited finite natural resources. (author)

  6. PENSION FUND

    CERN Multimedia

    2002-01-01

    The Governing Board of the Pension Fund held its 104th and 105th meetings on 8th November and 4th December 2001, respectively. The agenda of the 8th November meeting was devoted to a single item, namely the outcome of the Finance Committee's meeting the previous day. The Governing Board noted with satisfaction that both its proposed amendments to the Rules and Regulations of the Fund - allowing, in particular, the award of a deferred retirement pension after five years of service - and its proposal for the adjustment of pensions on 1.1.2002 had been approved for recommendation to the Council in December. At its meeting on 4th December, the Governing Board dealt mainly with the items examined at the latest meeting of the Investment Committee. The Committee's chairman, G. Maurin, stated that the 2001 return on the Fund's overall investments was likely to be between -2% and -3%. He also noted that a new study of the Fund's cash flows (incomings and outgoings) had been performed. He underlined that, while the flo...

  7. Pension Fund

    CERN Multimedia

    2006-01-01

    Following the approval by the CERN Council, at its Session in March 2006, of the amendments to Administrative Circular No. 14 (Protection of the members of the personnel against the financial consequences of illness, accident and disability) and the resulting amendments to the Rules and Regulations of the Pension Fund, which entered into force on 1st July 2006, the Administration of the Fund has decided to publish a complete new edition of the Rules and Regulations incorporating all amendments up to 1st July 2006. Members of the Fund will be informed once the new edition of the Rules and Regulations is available from Departmental secretariats.In the meantime, the amendments to the text of the Pension Fund Rules and Regulations, which entered into force on 1st July 2006, are presented below (Previous text/Amended text): Chapter II - Section 1: Contributions and benefits Article II 1.04 - Reference Salary - Part-time Work OLD TEXT: The reference salary of a member with a contract for part-time work shall b...

  8. Pension Fund

    CERN Multimedia

    2006-01-01

    Following the approval by the CERN Council, at its Session in March 2006, of the amendments to Administrative Circular No. 14 (Protection of the members of the personnel against the financial consequences of illness, accident and disability) and the resulting amendments to the Rules and Regulations of the Pension Fund, which entered into force on 1st July 2006, the Administration of the Fund has decided to publish a complete new edition of the Rules and Regulations incorporating all amendments up to 1st July 2006. Members of the Fund will be informed once the new edition of the Rules and Regulations is available from Departmental secretariats. In the meantime, the amendments to the text of the Pension Fund Rules and Regulations, which entered into force on 1st July 2006, are presented below (Previous text/Amended text) : Chapter II - Section 1: Contributions and benefits Article II 1.04 - Reference Salary - Part-time Work OLD TEXT: the reference salary of a member with a contract for part-time work shall be e...

  9. Saturn satellites

    International Nuclear Information System (INIS)

    Ruskol, E.L.

    1981-01-01

    The characteristics of the Saturn satellites are discussed. The satellites close to Saturn - Janus, Mimas, Enceladus, Tethys, Dione and Rhea - rotate along the circular orbits. High reflectivity is attributed to them, and the density of the satellites is 1 g/cm 3 . Titan is one of the biggest Saturn satellites. Titan has atmosphere many times more powerful than that of Mars. The Titan atmosphere is a peculiar medium with a unique methane and hydrogen distribution in the whole Solar system. The external satellites - Hyperion, Japetus and Phoebe - are poorly investigated. Neither satellite substance density, nor their composition are known. The experimental data on the Saturn rings obtained on the ''Pioneer-11'' and ''Voyager-1'' satellites are presented [ru

  10. 25 CFR 213.26 - Rate of royalty on casing-head gas.

    Science.gov (United States)

    2010-04-01

    ... gasoline the minimum rate of royalty shall be 121/2 percent of the value of the casing-head gas, which... operating regulations of the Department. (b) In cases where gas produced and sold has a value for drip gasoline, casing-head gasoline content, and as dry gas from which the casing-head gasoline has been...

  11. 26 CFR 1.1502-44 - Percentage depletion for independent producers and royalty owners.

    Science.gov (United States)

    2010-04-01

    ... 26 Internal Revenue 12 2010-04-01 2010-04-01 false Percentage depletion for independent producers...-44 Percentage depletion for independent producers and royalty owners. (a) In general. The sum of the percentage depletion deductions for the taxable year for all oil or gas property owned by all members, plus...

  12. 48 CFR 252.227-7007 - License term-running royalty.

    Science.gov (United States)

    2010-10-01

    ... 48 Federal Acquisition Regulations System 3 2010-10-01 2010-10-01 false License term-running... of Provisions And Clauses 252.227-7007 License term—running royalty. As prescribed at 227.7009-4(b), insert the following clause in patent releases, license agreements, and assignments: License Term—Running...

  13. 75 FR 32857 - Adjustment of Royalty Fee for Cable Compulsory License

    Science.gov (United States)

    2010-06-10

    ... LIBRARY OF CONGRESS Copyright Office 37 CFR Part 256 Adjustment of Royalty Fee for Cable Compulsory License CFR Correction In Title 37 of the Code of Federal Regulations, revised as of July 1, 2009, on page 666, in Sec. 256.2, make the following changes: a. In paragraph (b)(2)(i), remove ``$189,800...

  14. 30 CFR 227.102 - What royalty management functions will MMS not delegate?

    Science.gov (United States)

    2010-07-01

    ... payments shown on royalty reports or other documents, such as bills, to reconcile payor accounts. MMS also... actions other than issuing demands, subpoenas and orders to perform restructured accounting. MMS or the appropriate Federal agency will issue notices of non-compliance and civil penalties, collect debts, write off...

  15. 75 FR 26278 - The Register of Copyrights’ and the Copyright Royalty Judges’ authority to determine the...

    Science.gov (United States)

    2010-05-11

    ... law were referred to the Register of Copyrights concerning the authority of the Register of Copyrights... questions of substantive law for her consideration: Does the Register of Copyrights have the authority under... law. That motion was denied by the Copyright Royalty Judges on March 30, 2010. Order Denying Motion...

  16. 30 CFR 204.202 - What is the cumulative royalty reports and payments relief option?

    Science.gov (United States)

    2010-07-01

    ... Auditing Relief § 204.202 What is the cumulative royalty reports and payments relief option? (a) The... information on Form MMS-2014 for the calendar year, the same as if it were a monthly report; and (5) Report... section until the date MMS receives it. (d) If you take relief you are not qualified for, you may be...

  17. 26 CFR 509.110 - Patent and copyright royalties and film rentals.

    Science.gov (United States)

    2010-04-01

    ... 26 Internal Revenue 19 2010-04-01 2010-04-01 false Patent and copyright royalties and film rentals... (CONTINUED) REGULATIONS UNDER TAX CONVENTIONS SWITZERLAND General Income Tax § 509.110 Patent and copyright... copyrights, artistic and scientific works, patents, designs, plans, secret processes and formulae, trademarks...

  18. 30 CFR 206.452 - Coal subject to royalties-general provisions.

    Science.gov (United States)

    2010-07-01

    ... 30 Mineral Resources 2 2010-07-01 2010-07-01 false Coal subject to royalties-general provisions... MINERALS REVENUE MANAGEMENT PRODUCT VALUATION Indian Coal § 206.452 Coal subject to royalties—general provisions. (a) All coal (except coal unavoidably lost as determined by BLM pursuant to 43 CFR group 3400...

  19. 30 CFR 206.253 - Coal subject to royalties-general provisions.

    Science.gov (United States)

    2010-07-01

    ... 30 Mineral Resources 2 2010-07-01 2010-07-01 false Coal subject to royalties-general provisions... MINERALS REVENUE MANAGEMENT PRODUCT VALUATION Federal Coal § 206.253 Coal subject to royalties—general provisions. (a) All coal (except coal unavoidably lost as determined by BLM under 43 CFR part 3400) from a...

  20. 30 CFR 210.55 - May I submit this royalty report manually?

    Science.gov (United States)

    2010-07-01

    ... to Minerals Management Service, P.O. Box 5810, Denver, Colorado 80217-5810; or (2) Special courier or... 30 Mineral Resources 2 2010-07-01 2010-07-01 false May I submit this royalty report manually? 210.55 Section 210.55 Mineral Resources MINERALS MANAGEMENT SERVICE, DEPARTMENT OF THE INTERIOR MINERALS...

  1. PENSION FUND

    CERN Multimedia

    2002-01-01

    Amendment No 18 to the Rules and Regulations of the Pension Fund has just been published and can be obtained from Divisional secretariats or, in the case of pensioners, directly from the Administration of the Fund (tel. 767-91 94/27 38), bldg 5, 1-030. This Amendment, which entered into force on 1.1.2002, concerns the articles which have been amended, in accordance with the Council's decision, to allow the award of a deferred retirement pension after five years of service (instead of ten previously) and the fixed sums and allowances adjusted at the same date (Annex B). It also contains a revised version of the table of contents of the Rules, as well as pages where the contents have not changed but where the page layout has had to be adjusted for technical reasons.

  2. Pension Fund

    CERN Multimedia

    Pension Fund

    2006-01-01

    Amendment No. 22 to the Rules and Regulations of the Pension Fund has just been published and can be obtained from Department/Unit secretariats or, in the case of pensioners, directly from the Administration of the Fund (tel. 767-91 94/27 38), bldg 5, 1-030. This Amendment, which entered into force following the CERN Council's decisions of 16 December 2005, includes the following new articles: Art. II 5.08 : Non-entitlement to Pension for Surviving Spouse Art. II 5.09 : Procurement of an entitlement to Pension for Surviving Spouse Art. II 6.09 : Non-entitlement to Pension for Orphans Art. II 7.01 c) : Entitlement to Allowances Art. III 1.07 : Extension of the contract beyond the age limit of 65 as well as the following amended articles : Article II 1.07 - Contributions Annex B - Fixed sums and allowances

  3. PENSION FUND

    CERN Multimedia

    Administration of the Fund

    2001-01-01

    The Administration of the Fund has just signed a contract with the 'La Suisse' insurance company, making life insurance available to persons leaving CERN under very similar conditions to those offered to the members of the CERN personnel. From now on, persons retiring from the Organization will be able to take out this new insurance at the moment of retirement, provided that they have been members of CERN's collective life insurance scheme for the last five years of service. Exceptionally, until the end of 2001, 'La Suisse' has agreed to allow persons who are already retired to take out this insurance, subject to their state of health (health questionnaire to be completed) and with a maximum insured amount set at 150,000 CHF. We therefore invite any retired persons interested in this insurance to consult the detailed terms and conditions, either on the Pension Fund's Web site (http://pensions.web.cern.ch/pensions) or by writing to the Administration of the Fund. For those wishing to apply, the documents to be...

  4. Pension Fund

    CERN Multimedia

    2004-01-01

    The Governing Board of the Pension Fund held its one-hundred-and-twenty-second meeting on 3 February 2004. Opening the meeting, the Chairman, J. Bezemer, welcomed W. Zapf's alternate T. Lagrange, A. Naudi's alternate P. Geeraert, and M. Goossens' alternate M. Vitasse, who were attending the Governing Board for the first time. The Governing Board heard a report from its Chairman on the meeting of the CERN Council on 19 December 2003, at which, under Pension Fund matters, the Council had approved a pensions adjustment of 0.7%. The Governing Board then heard a report on the main elements of the Investment Committee's meeting on 3 December 2003. During a presentation, Expert Timing System (Madrid) and the Compagnie de Trésorerie Benjamin de Rothschild (Geneva) had proposed a bond portfolio investment following the same quantitative investment principles as the equities portfolio they already managed for the Fund. After some deliberation, the Investment Committee had decided, on that basis, to award t...

  5. Pension Fund

    CERN Multimedia

    2003-01-01

    The Governing Board of the Pension Fund held its hundred and seventeenth meeting on 3 June 2003. On that occasion, it examined the recommendations made by the External Auditors in their report on their audit of the 2002 annual accounts and the replies by the Pension Fund's Administration. The Governing Board was gratified by the small number of remarks by the External Auditors. It also confirmed its agreement to the procedure followed by the Administration of the Pension Fund in the handling of transfer values. Under other items on the agenda, the Board once again examined ESO's request relating to the terms and conditions of membership by its staff members. In this regard, the Board wishes to receive from ESO a definitive request (following the necessary consultation procedures with the representatives of the personnel and discussions within ESO's governing bodies) so that the working group can continue its work on a clear basis and so that the Governing Board is in a position to take up a position in the m...

  6. Centriolar satellites

    DEFF Research Database (Denmark)

    Tollenaere, Maxim A X; Mailand, Niels; Bekker-Jensen, Simon

    2015-01-01

    Centriolar satellites are small, microscopically visible granules that cluster around centrosomes. These structures, which contain numerous proteins directly involved in centrosome maintenance, ciliogenesis, and neurogenesis, have traditionally been viewed as vehicles for protein trafficking...... highlight newly discovered regulatory mechanisms targeting centriolar satellites and their functional status, and we discuss how defects in centriolar satellite components are intimately linked to a wide spectrum of human diseases....

  7. Satellite Communications

    Indian Academy of Sciences (India)

    First page Back Continue Last page Overview Graphics. Satellite Communications. Arthur C Clarke wrote a seminal paper in 1945 in wireless world. Use three satellites in geo-synchronous orbit to enable intercontinental communications. System could be realised in '50 to 100 years'

  8. PENSION FUND

    CERN Multimedia

    Administration of the Fund

    2001-01-01

    The Administration of the Fund has just signed a contract with the 'La Suisse' insurance company, making life insurance available to persons leaving CERN under very similar conditions to those offered to the members of the CERN personnel. From now on, persons retiring from the Organization will be able to take out this new insurance at the moment of retirement, provided that they have been members of CERN's collective life insurance scheme for the last five years of service. Exceptionally, until the end of 2001, 'La Suisse' has agreed to allow persons who are already retired to take out this insurance, provided that they are less than 70 years old and subject to their state of health (health questionnaire to be completed) and with a maximum insured amount set at 150,000 CHF. We therefore invite any retired persons interested in this insurance to consult the detailed terms and conditions, either on the Pension Fund's Web site (http://pensions.web.cern.ch/pensions) or contacting to the Administration of the Fun...

  9. Satellite Communications

    CERN Document Server

    Pelton, Joseph N

    2012-01-01

    The field of satellite communications represents the world's largest space industry. Those who are interested in space need to understand the fundamentals of satellite communications, its technology, operation, business, economic, and regulatory aspects. This book explains all this along with key insights into the field's future growth trends and current strategic challenges. Fundamentals of Satellite Communications is a concise book that gives all of the key facts and figures as well as a strategic view of where this dynamic industry is going. Author Joseph N. Pelton, PhD, former Dean of the International Space University and former Director of Strategic Policy at Intelstat, presents a r

  10. Alberta’s New Royalty Regime is a Step Towards Competitiveness: A 2016 Update

    Directory of Open Access Journals (Sweden)

    Daria Crisan

    2016-10-01

    Full Text Available Alberta’s new royalty regime has made the province a more rewarding place for anyone looking to invest in conventional non-renewable resources. After Alberta’s NDP government commissioned a review of the royalty regime to ensure the province was receiving its “fair share,” it ended up determining that revenue-neutral changes were warranted to the royalty system for conventional oil, with oilsands largely left untouched. However, the few changes that were made have had a substantial impact on incentives for new investment. Those changes have, in fact, only made it more lucrative for investors in Alberta’s conventional oil and gas. This paper focuses on oil and the fiscal regime (it does not consider other regulatory and carbon policies that affect competitiveness. The changes for conventional oil are significant enough that the new regime entirely overcomes the competitive disadvantages for non-oil sands producers created by the NDP government’s increase in provincial corporate income taxes last year. Under the current regime, Alberta conventional oil bears a marginal effective tax and royalty rate (METRR of 35.0 per cent (the METRR is relevant for new investment decisions. The changes have sharply reduced that to 26.7 per cent. This year, when compared against its peers in the U.S., Europe and Australia, Alberta has one of the highest METRRs for conventional oil. When the new royalty regime takes fully effect in 2017, it will have one of the lowest, bested only by Australia, the United Kingdom, Pennsylvania and, in Canada, Nova Scotia and Newfoundland & Labrador. Most notably, Alberta is more competitive now than its immediate neighbours, British Columbia and Saskatchewan, for conventional oil investment. It is also less distorting across different types of wells, which is an important quality in a well-designed royalty system. Alberta continues to implement a system of price-sensitive royalty rates with the government’s take

  11. Deepwater royalty relief product of 3 1/2 year U.S. political effort

    International Nuclear Information System (INIS)

    Davis, R.E.; Neff, S.

    1996-01-01

    Against the backdrop of more than 20 years of increasingly stringent environmental regulation, ever-expanding exploration and development moratoria on the Outer Continental Shelf (OCS), and reductions in producer tax incentives, oil and natural gas exploration companies active in deep waters of the Gulf of Mexico recently won a significant legislative victory. On Nov. 28, 1995, President Clinton signed into law S.395, the Alaska Power Administration Sale Act. Title 3 of S.395 embodies the Outer Continental Shelf Deep Water Royalty Relief Act. This landmark legislation provides substantial incentives for oil and natural gas production in the gulf of Mexico by temporarily eliminating royalties on certain deepwater leases. It is the first direct incentive for oil and gas production enacted at the federal level in many years. This paper reviews the elements used to arrive at this successful legislation including the congressional leadership. It describes debates, cabinet level discussions, and use of parlimentary procedures

  12. Satellite myths

    Science.gov (United States)

    Easton, Roger L.; Hall, David

    2008-01-01

    Richard Corfield's article “Sputnik's legacy” (October 2007 pp23-27) states that the satellite on board the US Vanguard rocket, which exploded during launch on 6 December 1957 two months after Sputnik's successful take-off, was “a hastily put together contraption of wires and circuitry designed only to send a radio signal back to Earth”. In fact, the Vanguard satellite was developed over a period of several years and put together carefully using the best techniques and equipment available at the time - such as transistors from Bell Laboratories/Western Electric. The satellite contained not one but two transmitters, in which the crystal-controlled oscillators had been designed to measure both the temperature of the satellite shell and of the internal package.

  13. Satellite Geomagnetism

    DEFF Research Database (Denmark)

    Olsen, Nils; Stolle, Claudia

    2012-01-01

    Observations of Earth’s magnetic field from space began more than 50 years ago. A continuous monitoring of the field using low Earth orbit (LEO) satellites, however, started only in 1999, and three satellites have taken highprecision measurements of the geomagnetic field during the past decade....... The unprecedented time-space coverage of their data opened revolutionary new possibilities for monitoring, understanding, and exploring Earth’s magnetic field. In the near future, the three-satellite constellation Swarm will ensure continuity of such measurement and provide enhanced possibilities to improve our...... ability to characterize and understand the many sources that contribute to Earth’s magnetic field. In this review, we summarize investigations of Earth’s interior and environment that have been possible through the analysis of high-precision magnetic field observations taken by LEO satellites....

  14. Boomerang Satellites

    Science.gov (United States)

    Hesselbrock, Andrew; Minton, David A.

    2017-10-01

    We recently reported that the orbital architecture of the Martian environment allows for material in orbit around the planet to ``cycle'' between orbiting the planet as a ring, or as coherent satellites. Here we generalize our previous analysis to examine several factors that determine whether satellites accreting at the edge of planetary rings will cycle. In order for the orbiting material to cycle, tidal evolution must decrease the semi-major axis of any accreting satellites. In some systems, the density of the ring/satellite material, the surface mass density of the ring, the tidal parameters of the system, and the rotation rate of the primary body contribute to a competition between resonant ring torques and tidal dissipation that prevent this from occurring, either permanently or temporarily. Analyzing these criteria, we examine various bodies in our solar system (such as Saturn, Uranus, and Eris) to identify systems where cycling may occur. We find that a ring-satellite cycle may give rise to the current Uranian ring-satellite system, and suggest that Miranda may have formed from an early, more massive Uranian ring.

  15. On properties of royalty and tax regimes in Alberta's oil sands

    International Nuclear Information System (INIS)

    Plourde, Andre

    2010-01-01

    Simulation models that include royalty and tax provisions are used to examine the distribution between developers and governments of net returns from the development of Alberta's oil sands deposits. A specific focus is to assess the effects on the level and distribution of net revenues associated with a number of changes in assumed revenue and expenditure conditions. Developers typically bear a greater share of the consequences of variations in capital expenditures than they do of changes in operating expenditures, prices, and exchange rates. A comparison across royalty and tax regimes suggest that there is a positive relationship between the level of net revenues estimated to accrue to either developers or governments and the share of the consequences of changes in conditions borne by that party. Some differences across production technologies are noted. The role of the federal government as a fiscal player in oil sands development has shrunk over time. In contrast, under the current regime, the Government of Alberta captures a higher share of net returns and typically bears a greater proportion of the consequences of changes in conditions than at any time since the introduction of an explicit royalty and tax regime in 1997.

  16. Pension fund

    CERN Multimedia

    Staff Association

    2014-01-01

    Letter sent on Monday 8 December 2014 to the delegates of the Member States to CERN Council An item on the agenda of the CERN Council of Thursday 11 December concerned the CERN Pension Fund, namely a discussion of a document that proposes how to respond to the many questions concerning pensions that had been submitted by thirteen Member State delegations. That document lists all these questions and proposes, as a first step, to consider the legal feasibility and the actuarial cost to transform our current defined-benefit pension scheme into a defined-contribution scheme. Once again, several delegates show their determination to worsen our pension conditions. The Staff Association’s Pension Commission, in a special meeting on Thursday, 4 December, has decided to send an open letter to the delegates of the CERN Council. In this letter (shown below) the Staff Association and CERN-ESO Pensions’ Association express their opposition to these intentions. We underline, once more, that the 2010...

  17. 77 FR 42764 - Distribution of the 2005, 2006, 2007 and 2008 Digital Audio Recording Technology Royalty Funds...

    Science.gov (United States)

    2012-07-20

    ... Congress, James Madison Memorial Building, LM-401, 101 Independence Avenue SE., Washington, DC 20559-6000... Madison Memorial Building, LM-403, 101 Independence Avenue SE., Washington, DC 20559-6000. FOR FURTHER... certain claimants' (i.e., Broadcast Music, Inc., the American Society of Composers, Authors and Publishers...

  18. Satellite Radio

    Indian Academy of Sciences (India)

    Satellites have been a highly effective platform for multi- form broadcasts. This has led to a ... diversity offormats, languages, genre, and a universal reach that cannot be met by .... programs can be delivered to whom it is intended. In the case of.

  19. An empirical analysis of the impacts of taxes and royalties on the supply of conventional crude oil in Alberta

    International Nuclear Information System (INIS)

    Amoah, B.

    1998-01-01

    The economic impact of taxes, royalties and government fiscal policy tools on conventional crude oil supply in Alberta was examined. A dynamic economic model of Alberta's conventional petroleum industry was developed and used to evaluate the quantitative impacts of government fiscal policies on exploration and extraction of conventional crude oil in the province. It was determined that taxes and royalties can shorten the life of the industry, reduce activity level, reduce ultimate recovery of conventional crude oil, render more of the established reserves sub-economic and create social welfare loss. It was also revealed that compared to provincial corporate income tax and crown royalties, federal corporate income tax has a larger adverse effect on the performance of the industry in terms of creating higher dead-weight loss and shortening the life of the industry

  20. Plucking the Golden Goose: Higher Royalty Rates on the Oil Sands Generate Significant Increases in Government Revenue

    Directory of Open Access Journals (Sweden)

    Kenneth J. McKenzie

    2011-09-01

    Full Text Available The Alberta government’s 2009 New Royalty Framework elicited resistance on the part of the energy industry, leading to subsequent reductions in the royalties imposed on natural gas and conventional oil. However, the oil sands sector, subject to different terms, quickly accepted the new arrangement with little complaint, recognizing it as win-win situation for industry and the government. Under the framework, Alberta recoups much more money in royalties — about $1 billion over the two year period of 2009 and 2010 — without impinging significantly on investment in the oil sands. This brief paper demonstrates that by spreading the financial risks and benefits to everyone involved, the new framework proves it’s possible to generate increased revenue without frightening off future investment. The same model could conceivably be applied to the conventional oil and natural gas sectors.

  1. Danish mutual fund performance

    DEFF Research Database (Denmark)

    Christensen, Michael

    2013-01-01

    This article provides the first independent performance analysis of Danish mutual funds. We analyse selectivity and market timing abilities for 71 mutual funds that have been in operation from 2001 to 2010. The results show great fund performance diversity. Half the funds have performed neutrally......, whereas 42% of the funds have shown significantly negative performance and only 7% of the funds have over-performed their benchmark. Furthermore, 14% of the funds analysed possess market timing abilities, but for 8 out of 10 funds, their market timing ability has been unsuccessful....

  2. Rating mutual funds

    DEFF Research Database (Denmark)

    Bechmann, Ken L.; Rangvid, Jesper

    2007-01-01

    We develop a new rating of mutual funds: the atpRating. The atpRating assigns crowns to each individual mutual fund based upon the costs an investor pays when investing in the fund in relation to what it would cost to invest in the fund's peers. Within each investment category, the rating assigns...... the return of a fund in a certain year generally contains only little information about the future return that the fund will generate. Finally, we have information on the investments in different mutual funds made by a small subgroup of investors known to have been exposed to both the atp...... five crowns to funds with the lowest costs and one crown to funds with the highest costs. We investigate the ability of the atpRating to predict the future performance of a fund. We find that an investor who has invested in the funds with the lowest costs within an investment category would have...

  3. License and entry strategies for an outside innovator under duopoly with combination of royalty and fixed fee

    OpenAIRE

    Hattori, Masahiko; Tanaka, Yasuhito

    2017-01-01

    We consider a choice of options for an innovating firm to enter the market with or without licensing its new cost-reducing technology to the incumbent firm using a combination of a royalty per output and a fixed license fee, or to license its technology without entry. With general demand and cost functions we show the following results. When the innovating firm licenses its technology to the incumbent firm without entry, the optimal royalty rate per output for the innovating firm is zero with...

  4. Scientific Satellites

    Science.gov (United States)

    1967-01-01

    noise signal level exceeds 10 times the normal background. EXPERIMENTS FOR SATELLITE ASTRONOMY 615 ANTENNA MONOPOLE -., PREAMPLFE = BANDPASS-FILTER...OUTPUT TO AND DETECTOR TELEMETRYCHANNELS (18) CALIBRATION NOISE MATRIX CLOCK NOISE SOURCE ’ON’ SOURCE COMMAND F ROM PROGRAMERP ANTENNA MONOPOLE FIGURE 13...Animal Tempera- ture Sensing for Studying the Effect of Prolonged Orbital Flight on the Circadian Rhythms of Pocket Mice . Unmanned Spacecraft Meeting

  5. Solar satellites

    Energy Technology Data Exchange (ETDEWEB)

    Poher, C.

    1982-01-01

    A reference system design, projected costs, and the functional concepts of a satellite solar power system (SSPS) for converting sunlight falling on solar panels of a satellite in GEO to a multi-GW beam which could be received by a rectenna on earth are outlined. Electricity transmission by microwaves has been demonstrated, and a reference design system for supplying 5 GW dc to earth was devised. The system will use either monocrystalline Si or concentrator GaAs solar cells for energy collection in GEO. Development is still needed to improve the lifespan of the cells. Currently, the cell performance degrades 50 percent in efficiency after 7-8 yr in space. Each SSPS satellite would weigh either 34,000 tons (Si) or 51,000 tons (GaAs), thereby requiring the fabrication of a heavy lift launch vehicle or a single-stage-to-orbit transport in order to minimize launch costs. Costs for the solar panels have been estimated at $500/kW using the GaAs technology, with transport costs for materials to GEO being $40/kg.

  6. Solar satellites

    Science.gov (United States)

    Poher, C.

    A reference system design, projected costs, and the functional concepts of a satellite solar power system (SSPS) for converting sunlight falling on solar panels of a satellite in GEO to a multi-GW beam which could be received by a rectenna on earth are outlined. Electricity transmission by microwaves has been demonstrated, and a reference design system for supplying 5 GW dc to earth was devised. The system will use either monocrystalline Si or concentrator GaAs solar cells for energy collection in GEO. Development is still needed to improve the lifespan of the cells. Currently, the cell performance degrades 50 percent in efficiency after 7-8 yr in space. Each SSPS satellite would weigh either 34,000 tons (Si) or 51,000 tons (GaAs), thereby requiring the fabrication of a heavy lift launch vehicle or a single-stage-to-orbit transport in order to minimize launch costs. Costs for the solar panels have been estimated at $500/kW using the GaAs technology, with transport costs for materials to GEO being $40/kg.

  7. Picking Funds with Confidence

    DEFF Research Database (Denmark)

    Grønborg, Niels Strange; Lunde, Asger; Timmermann, Allan

    We present a new approach to selecting active mutual funds that uses both holdings and return information to eliminate funds with predicted inferior performance through a sequence of pair-wise comparisons. Our methodology determines both the number of skilled funds and their identity, funds...... identified ex-ante as being superior earn substantially higher risk-adjusted returns than top funds identified by conventional alpha ranking methods. Importantly, we find strong evidence of variation in the breadth of the set of funds identified as superior, as well as fluctuations in the style and industry...... exposures of such funds over time and across different volatility states....

  8. Rating Mutual Funds

    DEFF Research Database (Denmark)

    Bechmann, Ken L.; Rangvid, Jesper

    We develop a new rating of mutual funds: the atpRating. The atpRating assigns crowns to each individual mutual fund based upon the costs an investor pays when investing in the fund in relation to what it would cost to invest in the fund’s peers. Within each investment category, the rating assigns......, whereas the return of a fund in a certain year generally contains only little information about the future return that the fund will generate. Finally, we have information on the investments in different mutual funds made by a small subgroup of investors known to have been exposed to both the atp...... five crowns to funds with the lowest costs and one crown to funds with the highest costs. We investigate the ability of the atpRating to predict the future performance of a fund. We find that an investor who has invested in the funds with the lowest costs within an investment category would have...

  9. The financial reward for the utilization of hydric resources, the Itaipu royalties and the new water Brazilian policy; A compensacao financeira pela utilizacao de recursos hidricos, os 'royalties' de Itaipu e a nova politica nacional de aguas

    Energy Technology Data Exchange (ETDEWEB)

    Vieira Filho, Xisto; Sales, Paulo Roberto de Holanda [Ministerio das Minas e Energia, Brasilia, DF (Brazil); Ventura Filho, Altino; Barbosa, Claudio Simoes [Itaipu Binacional, Foz do Iguacu, PR (Brazil); Spagnol, Marcos [ELETROBRAS, Rio de Janeiro, RJ (brazil)

    2000-07-01

    This paper presents the chronology of the legislation referring the financial compensation and the royalties paid by the Itaipu Bi nacional, from the origin to the important moment defined by the law introducing the new Water National Policy. Besides the aspects related to the legislation and the new Water National Policy, the ELETROBRAS participation in the process dynamic of the financial compensation is reported.

  10. High power communication satellites power systems study

    International Nuclear Information System (INIS)

    Josloff, A.T.; Peterson, J.R.

    1994-01-01

    This paper discusses a DOE-funded study to evaluate the commercial attractiveness of high power communication satellites and assesses the attributes of both conventional photovoltaic and reactor power systems. This study brings together a preeminent US Industry/Russian team to cooperate on the role of high power communication satellites in the rapidly expanding communications revolution. These high power satellites play a vital role in assuring availability of universally accessible, wide bandwidth communications, for high definition TV, super computer networks and other services. Satellites are ideally suited to provide the wide bandwidths and data rates required and are unique in the ability to provide services directly to the users. As new or relocated markets arise, satellites offer a flexibility that conventional distribution services cannot match, and it is no longer necessary to be near population centers to take advantage of the telecommunication revolution. The geopolitical implications of these substantially enhanced communications capabilities will be significant

  11. A new methodology for royalties distribution of the Itaipu hydroelectric plant: The hydrographic basin as the unit of analysis.

    Science.gov (United States)

    Lorenzon, Alexandre Simões; Ribeiro, Carlos Antonio Alvares Soares; Dos Santos, Alexandre Rosa; de Castro, Nero Lemos Martins; Marcatti, Gustavo Eduardo; Domingues, Getulio Fonseca; Teixeira, Thaisa Ribeiro; Silva, Elias; Soares, Vicente Paulo; Menezes, Sady Júnior Martins da Costa de; de Almeida Telles, Lucas Arthur; Mota, Pedro Henrique Santos

    2018-07-01

    Over the past few years, many sectors such as energy generation, industry, domestic supply, and agriculture have encountered serious environmental problems due to the lack of rainfall. Thus, the purpose of this paper is to review the current methodology of royalties distribution from Itaipu hydroelectric plant. In the proposed approach, two criteria were considered to establish the division of Itaipu royalties: (1) the relative percentage of the water flow in the generation of electricity and, (2) the relative percentage of the drop in the height of water. 62 hydroelectric plants were evaluated in this study. In 52 plants the water flow was the factor that most contributed to the generation of electricity. In 2013, 346 municipalities benefited the Itaipu royalties. With the proposed methodology, 1,327 municipalities will receive the resource, what would increase the revenue of each of these municipalities by, on average, US$ 87,436.91 per year. The methodology presented herein proposes a reduction in the environmental disparity that now exists in Brazil, through improvement to Government instruments and environmental policies. The distribution of royalties throughout the watershed can provide additional resources to support payment programs for environmental services at the state and municipality levels. Copyright © 2018 Elsevier Ltd. All rights reserved.

  12. 30 CFR 227.401 - What are a State's responsibilities if it processes production reports or royalty reports?

    Science.gov (United States)

    2010-07-01

    ... and Reports, the MMS Minerals Production Reporter Handbook, any interagency memorandum of... processes production reports or royalty reports? 227.401 Section 227.401 Mineral Resources MINERALS MANAGEMENT SERVICE, DEPARTMENT OF THE INTERIOR MINERALS REVENUE MANAGEMENT DELEGATION TO STATES States...

  13. 30 CFR 206.361 - How will MMS determine whether my royalty or direct use fee payments are correct?

    Science.gov (United States)

    2010-07-01

    ... electricity or the sale of a geothermal resource, in conducting reviews and audits MMS will examine whether... SERVICE, DEPARTMENT OF THE INTERIOR MINERALS REVENUE MANAGEMENT PRODUCT VALUATION Geothermal Resources... royalties or direct use fees that you report are subject to monitoring, review, and audit. The MMS may...

  14. 37 CFR 201.19 - Royalties and statements of account under compulsory license for making and distributing...

    Science.gov (United States)

    2010-07-01

    ... for failure to pay royalties for the reproduction of copyrighted music on phonorecords, or within such... corporation, by the title or official position held in the partnership or corporation by the person signing... corporation, by the title or official position held in the partnership or corporation by the person signing...

  15. 75 FR 61624 - Promotion of Development, Reduction of Royalty Rates for Stripper Well and Heavy Oil Properties

    Science.gov (United States)

    2010-10-06

    ...-241A.00] RIN 1004-AE04 Promotion of Development, Reduction of Royalty Rates for Stripper Well and Heavy... economy, productivity, competition, jobs, the environment, public health or safety, or State, local, or..., investment, productivity, innovation, or the ability of U.S.-based enterprises to compete with foreign-based...

  16. 30 CFR 210.201 - How do I submit Form MMS-4430, Solid Minerals Production and Royalty Report?

    Science.gov (United States)

    2010-07-01

    ..., Colorado 80217-5810; or (ii) For courier service or overnight mail (excluding Express Mail): Minerals... 30 Mineral Resources 2 2010-07-01 2010-07-01 false How do I submit Form MMS-4430, Solid Minerals Production and Royalty Report? 210.201 Section 210.201 Mineral Resources MINERALS MANAGEMENT SERVICE...

  17. Satellite eye for Galathea 3. Annual report 2007

    DEFF Research Database (Denmark)

    Hasager, Charlotte Bay; Sørensen, Peter Brøgger; Pedersen, Leif Toudal

    with a short text was published each week at the homepage www.satelliteeye.dk . During 2007 the Satellite Eye team jointly with Nature & science prepared an educational film ‘Satellite Eye – Galathea 3 fra rummet’. This work is funded by The Danish Ministry of Education, Tips- og Lottopuljen. The film...

  18. The funding black hole

    CERN Multimedia

    2008-01-01

    Two physics students at the University of Bristol have organised a petition against the recently-announced funding cut of 80 million by the body that funds physics research in the UK, the Science and Technology Facilities Council (STFC).

  19. Fanconi Anemia Research Fund

    Science.gov (United States)

    ... Support Publications Fundraising News What is the Fanconi Anemia Research Fund? Fanconi anemia is an inherited disease that can lead to ... population. Lynn and Dave Frohnmayer started the Fanconi Anemia Research Fund, in 1989 to find effective treatments ...

  20. A Model of Aggressive Tax Optimization with the Use of Royalties

    Directory of Open Access Journals (Sweden)

    Małgorzata Kutera

    2017-10-01

    Full Text Available Aim/purpose - Today, international capital flows play a leading role in shaping global economic relations and directly impact the budgets of many states. What is of major importance in this process are the differences and legal loopholes in tax systems of individual states, which allow profits to be taxed at the minimum percentage rate. Tax avoidance is particularly popular among corporations operating in global markets, which use various mechanisms for this purpose. The main aim of this article is to present a model of aggressive tax optimization based on the flow of royalties in supranational groups. Design/methodology/approach - The description of the model was preceded by a detailed analysis of transactions concluded between companies in connection with the current tax regulations effective in particular countries. The key tool was an analysis of case studies of tax optimization mechanisms used by the largest multinational corporations, mainly Google, Apple, Facebook and Microsoft. The main source of data consisted in the reports of OECD on this topic, the annual 10-K financial statements filed with the SEC by Google Inc. (Alphabet Inc. and detailed legal regulations on taxing international transactions. Findings - The popular mechanisms of tax avoidance include the skillful use of transfer pricing, fees for intangible services, royalty transfers, establishing offshore companies, the flow of loans and dividends. The most important of them are royalty transfers, which have been used by every company analyzed. The most effective model in this regard was established by Google. It is based on a network of subsidiaries registered mainly in Ireland and the Netherlands which apply preferential rules to tax such transactions. Research implications/limitations - The exact identification of tax avoidance mechanisms used in practice allows gaps in tax law to be identified and hence charts the directions of the necessary legislation changes. It also

  1. Pension funds' herding

    NARCIS (Netherlands)

    Broeders, D.; Chen, D.; Minderhoud, P.; Schudel, W.

    2016-01-01

    This paper uses unique and detailed transaction data to analyse herding behavior among pension funds. We distinguish between weak, semi strong and strong herding behaviour. Weak herding occurs if pension funds have similar rebalancing strategies. Semi strong herding arises when pension funds react

  2. Are fund of hedge fund returns asymmetric?

    OpenAIRE

    Lynch, Margaret; Hutson, Elaine; Stevenson, Max

    2004-01-01

    We examine the return distributions of 332 funds of hedge funds and associated indices. Over half of the sample is significantly skewed according to the skewness statistic, and these are split 50/50 positive and negative. However, we argue that the skewness statistic can lead to erroneous inferences regarding the nature of the return distribution, because the test statistic is based on the normal distribution. Using a series of tests that make minimal assumptions about the shape of the ...

  3. Geostationary Satellite (GOES) Images

    Data.gov (United States)

    National Oceanic and Atmospheric Administration, Department of Commerce — Visible and Infrared satellite imagery taken from radiometer instruments on SMS (ATS) and GOES satellites in geostationary orbit. These satellites produced...

  4. Bank of Montreal v. Dynex Petroleum Ltd.: the priority of overriding royalties and net profit interests

    International Nuclear Information System (INIS)

    Dearlove, F.R.

    1996-01-01

    The practice by the petroleum industry of granting overriding royalties (ORRs) and net profit interests (NPIs), was discussed. Some of the reasons for granting ORRs or NPIs included: (1) securing a lease, (2) obtaining geological information, (3) a condition of employment, or (4) acceptance of risk in exploration. In the recent case of Bank of Montreal versus Dynex Petroleum Ltd., it was held that in Alberta, ORRs and NPIs issuing out of a lessee's interest in an oil and gas lease cannot be a grant of interest in land. The effect of this decision is that it will make it difficult to create an ORR or NPI that is not merely a contract. An appeal is expected

  5. Fund management plan

    International Nuclear Information System (INIS)

    1984-08-01

    This revision of the Fund Management Plan updates the original plan published in May 1983. It is derived from and supplements the Mission Plan of the Office of Civilian Radioactive Waste Management. A major purpose in preparing this Plan is to inform the public about management of the Nuclear Waste Fund and the Interim Storage Fund. The purpose of the Interim Storage Fund is to finance the provision of the Federal interim storage capacity of up to 1900 metric tons of spent nuclear fuel. The Nuclear Waste Fund is a separate account for all revenues and expenditures related to the geological disposal and monitored retrieval storage of civilian radioactive waste

  6. Offshore Investment Funds

    Directory of Open Access Journals (Sweden)

    Shang-Jin Wei

    1999-12-01

    Full Text Available Offshore investment funds are alleged to have engaged in trading behavior that is different from their onshore counterparts because they may be subject to less supervision and regulation. In particular, they may trade more intensely. They could also pursue more aggressively certain trading strategies such as positive feedback trading or herding that could contribute to a greater volatility in the market. Using a unique data set, this chapter compares the trading behavior in the Korean stock market between offshore investment funds with their onshore counterparts registered in the US and UK. There are a number of interesting findings. First, there is indeed evidence suggesting that the offshore funds trade more intensely than their onshore counterparts. Second, however, there is no evidence that the offshore funds engage in positive feedback trading. In contrast, there is strong evidence that the funds from the U.S. and U.K. do. Third, while offshore funds do herd, they do so far less than onshore funds in the U.S. or UK. Fourth, offshore funds hold less glamour stocks (e.g. stocks with high P/E in their portfolio than funds in the U.S. or U.K. do. Moreover, flight to glamour stocks during the in-crisis period is less evident in the case of offshore funds. In sum, offshore funds are no especially worrisome monsters.

  7. Mining royalties

    Directory of Open Access Journals (Sweden)

    Jelenković Rade J.

    2014-01-01

    Full Text Available Mineral resources are finite and nonrenewable in the sense that their extraction permanently depletes a country's resource inventory. The role of governments should be to manage the exploitation of these resources to maximize the economic benefits to their community, consistent with the need to attract and retain the exploration and development capital necessary to continue to realize these benefits for as long as possible. In designing mineral sector taxation systems, policy makers must carefully seek to balance tax types, rates, and incentives that satisfy the needs of both the nation and the mining investor.

  8. The investment of royalties on municipality of Presidente Kennedy and the diversification of production; A aplicacao dos recursos advindos dos 'royalties' do petroleo no municipio de Presidente Kennedy e a diversificacao da producao

    Energy Technology Data Exchange (ETDEWEB)

    Zardo, Alessandro; Zardo, Bruno [Universidade de Vila Velha, MG (Brazil). Relacoes Internacionais

    2008-07-01

    After the promulgation of the Law number 9.478/97 and the magnifying of oil extraction on Field Jubarte, a significant increase of the Royalties and Special Participations could be noticed on the municipality of Presidente Kennedy. The aim of the present article is to to carry through a study about the importance of such resource on the municipality's economy and to analyse how does the shares were reinvested with the objective of minimizing the local economy's dependence from oil activities. The method adopted involved data research and analysis referent to the royalties and special participations values, as well as information regarding work market's diversification. What is persuited is to show that the amounts proceeding from the oil activities ends up responsible for financing government's machine, what disables inter-generation's justice and sector's diversification. (author)

  9. Iodine Satellite

    Science.gov (United States)

    Kamhawi, Hani; Dankanich, John; Martinez, Andres; Petro, Andrew

    2015-01-01

    The Iodine Satellite (iSat) spacecraft will be the first CubeSat to demonstrate high change in velocity from a primary propulsion system by using Hall thruster technology and iodine as a propellant. The mission will demonstrate CubeSat maneuverability, including plane change, altitude change and change in its closest approach to Earth to ensure atmospheric reentry in less than 90 days. The mission is planned for launch in fall 2017. Hall thruster technology is a type of electric propulsion. Electric propulsion uses electricity, typically from solar panels, to accelerate the propellant. Electric propulsion can accelerate propellant to 10 times higher velocities than traditional chemical propulsion systems, which significantly increases fuel efficiency. To enable the success of the propulsion subsystem, iSat will also demonstrate power management and thermal control capabilities well beyond the current state-of-the-art for spacecraft of its size. This technology is a viable primary propulsion system that can be used on small satellites ranging from about 22 pounds (10 kilograms) to more than 1,000 pounds (450 kilograms). iSat's fuel efficiency is ten times greater and its propulsion per volume is 100 times greater than current cold-gas systems and three times better than the same system operating on xenon. iSat's iodine propulsion system consists of a 200 watt (W) Hall thruster, a cathode, a tank to store solid iodine, a power processing unit (PPU) and the feed system to supply the iodine. This propulsion system is based on a 200 W Hall thruster developed by Busek Co. Inc., which was previously flown using xenon as the propellant. Several improvements have been made to the original system to include a compact PPU, targeting greater than 80 percent reduction in mass and volume of conventional PPU designs. The cathode technology is planned to enable heaterless cathode conditioning, significantly increasing total system efficiency. The feed system has been designed to

  10. Equality inter generation and petroleum royalties at the debate on climate changes: considerations on a state policy on climate changes at the state or Rio de Janeiro, Brazil; Equidade intergeracional e royalties do petroleo no debate sobre mudancas climaticas: consideracoes sobre uma politica estadual sobre mudanca do clima no estado do Rio de Janeiro

    Energy Technology Data Exchange (ETDEWEB)

    Carvalho, Flavia Cahete Lopes; Araujo, Maria Silvia Muylaert de; Rosa, Luiz Pinguelli [Universidade Federal do Rio de Janeiro (UFRJ), RJ (Brazil). Coordenacao dos Programas de Pos-graduacao de Engenharia (COPPE). Programa de Planejamento Energetico

    2008-07-01

    This paper presents a basis for reflection on the petrol exploitation and the royalty concept for a state policy of facing the climate changes at the state of Rio de Janeiro, Brazil. Conceptually, objective of the payment of royalties for exploitation of a exaustable natural resource is to guarantee that thr next human generations be compensated by the absence of the explored natural resource. The paper intends to verify if the present Brazilian model of distribution and application of the resources referring to the payment of royalties coming from the petroleum production provides for the future generations which can not to count with the finite natural resource.

  11. A Fund of Wisdom

    DEFF Research Database (Denmark)

    Seabrooke, Leonard; Broome, André

    2006-01-01

    The International Monetary Fund spends most of its time monitoring its member states' economic performance and advising on institutional change. While much of the literature sees the Fund as a policy enforcer in "emerging market" and "frontier" economies, little attention has been paid to exploring...... for change on the basis of like-characteristics among economies. Many Western states, particularly small open economies, consider the Fund's advice as important not only for technical know-how, but because Fund assessments are significant to international and domestic political audiences. This article traces...... the Fund's advice on taxation and monetary reform to two coordinated market economies, Denmark and Sweden, and two liberal market economies, Australia and New Zealand from 1975 to 2004. It maps how the Fund advocated "policy revolutions" and "policy recombinations" during this period, advice that coincided...

  12. Economic governance of property rights: comparative analysis on the collection of royalties in genetically modified soybean seeds

    Directory of Open Access Journals (Sweden)

    Guilherme Fowler de Avila Monteiro

    2013-03-01

    Full Text Available This paper examines the governance of property rights on genetically modified (GM soybean seeds. Specifically, the article undertakes a comparative analysis on the collection of royalties in GM soybean seeds in the U.S. and Brazil. For each country, the authors describe the regulatory framework governing the protection of biotechnology innovations in agriculture and investigate the mechanisms of royalty collection in GM soybean seeds. The paper also offers econometric evidence linking the capture of value on biotech innovations and the protection mechanisms deployed by biotech firms. The results suggest that, subject to the institutional environment, firms may choose to transact a GM attribute separated from the seed, building specialized governance structures framed around the genetic attribute and not around the seed as a whole.

  13. CERN Pension Fund move

    CERN Multimedia

    HR Department

    2007-01-01

    The CERN Pension Fund has moved to new offices on the 5th floor of Building 5. The Benefits Service of the Fund is now located in Offices 5-5-017 - 5-5-021 - 5-5-023. We remind you that the office hours are: Tuesday/Wednesday/Thursday from 10 am to 12 am and from 3 pm to 5 pm. The Fund would like to take this opportunity to warmly thank all the persons involved in the relocation.

  14. Regulating hedge funds.

    OpenAIRE

    Daníelsson, J.; Zigrand, JP.

    2007-01-01

    Due to the ever-increasing amounts under management and their unregulated and opaque nature, hedge funds have emerged as a key concern for policymakers. While until now, hedge funds have been left essentially unregulated, we are seeing increasing calls for regulation for both microprudential and macroprudential reasons. In our view, most calls for the regulation of hedge funds are based on a misperception of the effectiveness of financial regulations, perhaps coupled with a lack of understand...

  15. Insider patent holder licensing in an oligopoly market with different cost structures: Fixed-fee, royalty, and auction

    OpenAIRE

    Ming-Chung Chang

    2010-01-01

    The issue of the optimal licensing contract in firms having different cost structures is studied when the innovator is a producing patent holder who has three alternative licensing strategies, namely, the fixed-fee, royalty rate, and auction strategies. We conclude that the auction licensing strategy is not the best strategy when the innovator is a producing patent holder. This finding differs from that of Kabiraj (2004) where the auction licensing method is the optimal licensing strategy whe...

  16. License and entry strategies for an outside innovator in duopoly with combination of royalty and fixed fee under vertical differentiation

    OpenAIRE

    Hattori, Masahiko; Tanaka, Yasuhito

    2017-01-01

    We consider a choice of options for an innovating firm in duopoly under vertical differentiation to enter the market with or without licensing its technology for producing a higher quality good to the incumbent firm using a combination of a royalty per output and a fixed license fee, or to license its technology without entry. With general distribution function of consumers' taste parameter and cost function we will show that when the innovating firm licenses its technology to the incumbent f...

  17. Economic governance of property rights: comparative analysis on the collection of royalties in genetically modified soybean seeds

    Directory of Open Access Journals (Sweden)

    Guilherme Fowler de Avila Monteiro

    2013-03-01

    Full Text Available This paper examines the governance of property rights on genetically modified (GM soybean seeds. Specifically, the article undertakes a comparative analysis on the collection of royalties in GM soybean seeds in the U.S. and Brazil. For each country, the authors describe the regulatory framework governing the protection of biotechnology innovations in agriculture and investigate the mechanisms of royalty collection in GM soybean seeds. The paper also offers econometric evidence linking the capture of value on biotech innovations and the protection mechanisms deployed by biotech firms. The results suggest that, subject to the institutional environment, firms may choose to transact a GM attribute separated from the seed, building specialized governance structures framed around the genetic attribute and not around the seed as a whole.Este artigo examina a governança de direitos de propriedade em sementes transgênicas de soja. Especificamente, o estudo empreende uma análise comparativa sobre a cobrança de royalties em sementes transgênicas de soja nos EUA e no Brasil. Para cada país, os autores descrevem a estrutura regulatória que rege a proteção de inovações biotecnológicas na agricultura e investigam os mecanismos de cobrança de royalties em sementes transgênicas de soja. O artigo também examina evidências econométricas que relacionam a captura de valor sobre inovações biotecnológicas e os mecanismos de proteção utilizados por firmas de biotecnologia. Os resultados sugerem que, com base no ambiente institucional, uma firma pode optar por transacionar um atributo transgênico separado da semente, estabelecendo estruturas especializadas de governança que se emolduram em torno do atributo e não da semente em si.

  18. INDEXING AND INDEX FUNDS

    Directory of Open Access Journals (Sweden)

    HAKAN SARITAŞ

    2013-06-01

    Full Text Available Proponents of the efficient market hypothesis believe that active portfolio management is largely wasted effort and unlikely to justify the expenses incurred. Therefore, they advocate a passive investment strategy that makes no attempt to outsmart the market. One common strategy for passive management is indexing where a fund is designed to replicate the performance of a broad-based index of stocks and bonds. Traditionally, indexing was used by institutional investors, but today, the use of index funds proliferated among individual investors. Over the years, both international and domestic index funds have disproportionately outperformed the market more than the actively managed funds have.

  19. Estimating the impact of royalty relief on oil and gas production on marginal state leases in the US

    International Nuclear Information System (INIS)

    Dismukes, David E.; Burke, Jeffrey M.; Mesyanzhinov, Dmitry V.

    2006-01-01

    An emerging challenge for several energy-producing states will be the development of policies that encourage the continued economic development of maturing oil and gas properties. Production rates naturally decline as wells age. This is particularly true for properties approaching 'marginal' status in many energy-producing states where continued operation under expected economic conditions becomes questionable. Premature shut-in of these wells may entail loss of production, economic output, employment, and state revenues. This paper examines the potential impact of royalty relief on state leases and economic production using Louisiana as a case study. Two production related measures for state leases are estimated: (1) current production position relative to the age of the property and (2) the current costs of production for the given property at a given or anticipated level of output. Those wells/leases that are estimated as having negative profitability (i.e., losses) or operating at break-even levels are candidates for 'marginal' classification. The number of wells and production associated with these marginal leases will then be estimated. The economic impacts of offering royalty relief at the 25% level are considered. Under the royalty relief scenario, a minimal amount of increased revenues is realized by the state and the discount provides only incremental production from marginal wells relative to total state production

  20. Asteroid Satellites

    Science.gov (United States)

    Merline, W. J.

    2001-11-01

    Discovery and study of small satellites of asteroids or double asteroids can yield valuable information about the intrinsic properties of asteroids themselves and about their history and evolution. Determination of the orbits of these moons can provide precise masses of the primaries, and hence reliable estimates of the fundamental property of bulk density. This reveals much about the composition and structure of the primary and will allow us to make comparisons between, for example, asteroid taxonomic type and our inventory of meteorites. The nature and prevalence of these systems will also give clues as to the collisional environment in which they formed, and have further implications for the role of collisions in shaping our solar system. A decade ago, binary asteroids were more of a theoretical curiosity. In 1993, the Galileo spacecraft allowed the first undeniable detection of an asteroid moon, with the discovery of Dactyl, a small moon of Ida. Since that time, and particularly in the last year, the number of known binaries has risen dramatically. Previously odd-shaped and lobate near-Earth asteroids, observed by radar, have given way to signatures indicating, almost certainly, that at least four NEAs are binary systems. The tell-tale lightcurves of several other NEAs reveal a high likelihood of being double. Indications are that among the NEAs, there may be a binary frequency of several tens of percent. Among the main-belt asteroids, we now know of 6 confirmed binary systems, although their overall frequency is likely to be low, perhaps a few percent. The detections have largely come about because of significant advances in adaptive optics systems on large telescopes, which can now reduce the blurring of the Earth's atmosphere to compete with the spatial resolution of space-based imaging (which itself, via HST, is now contributing valuable observations). Most of these binary systems have similarities, but there are important exceptions. Searches among other

  1. Trends in communications satellites

    CERN Document Server

    Curtin, Denis J

    1979-01-01

    Trends in Communications Satellites offers a comprehensive look at trends and advances in satellite communications, including experimental ones such as NASA satellites and those jointly developed by France and Germany. The economic aspects of communications satellites are also examined. This book consists of 16 chapters and begins with a discussion on the fundamentals of electrical communications and their application to space communications, including spacecraft, earth stations, and orbit and wavelength utilization. The next section demonstrates how successful commercial satellite communicati

  2. Industry-funded dermatologic research within academia in the United States: fiscal and ethical considerations.

    Science.gov (United States)

    Blank, I H

    1992-03-01

    Private-sector funding of biomedical research within academia may come from industry, foundations, the dermatologists themselves, and the public at large. Industry-funding is of benefit to both academia and industry. Industry may fund clinical and basic research and product testing. Industry is more willing to fund product testing and clinical research than basic research. Funds for dermatologic research may be obtained from manufacturers of drugs, medical devices, cosmetics, soaps, and detergents. Questions of academic freedom arise when research is funded by industry. The results of academic research are in the public domain; the results of intramural industry research are often proprietary, i.e., "trade secrets." When there is industry funding within academia, any restraints on publication should be held to a minimum and be temporary. Publication should occur in a timely fashion, although recognizing the need for delayed publication if the results concern patentable material. When there is a consultantship, pre-arranged terms of agreement may restrict communication. Patents usually are held by the investigator's institution. The funding company may be granted world-wide, royalty-bearing licenses. Conflicts of interest may arise during any research endeavor; this warrants close attention when the research is industry funded. Stock ownership, speaker fees, blind contracts, etc., should be avoided. In any communication, funding agreements should be stated. Indirect costs are a "necessary evil." There are non-research expenditures associated with all research projects for which the institution is justified in requesting compensation. Indirect costs must have definite connections to a project. As industrial funding of research within academia increases, various facets of the academia-industry relationship are receiving increasing attention. Several aspects of conflicts of interest and indirect costs must yet be resolved. When faced openly and directly, all of these

  3. NREL Funding Reductions

    Science.gov (United States)

    Energy Laboratory (NREL) announced today that it will further reduce its work force as a result of million. Recent indications, however, are that NREL's funding will be lowered by an additional $27 million employees. NREL Director Charles F. Gay said the additional funding cuts are a result of lower than expected

  4. The Phony Funding Crisis

    Science.gov (United States)

    Guthrie, James W.; Peng, Arthur

    2010-01-01

    If one relies on newspaper headlines for education funding information, one might conclude that America's schools suffer from a perpetual fiscal crisis, every year perched precariously on the brink of financial ruin, never knowing whether there will be sufficient funding to continue operating. Budgetary shortfalls, school district bankruptcies,…

  5. Fund management plan

    International Nuclear Information System (INIS)

    1983-05-01

    The Nuclear Waste Policy Act of 1982, P.L. 97-425 (the Act), provides for establishment of two separate special funds in the US Treasury, the Interim Storage Fund and the Nuclear Waste Fund (the Funds). The Interim Storage Fund (Sec. 136) is the financing mechanism for the provision of federal interim storage capacity, not to exceed 1900 metric tons, for spent nuclear fuel (SNF) from civilian reactors. Basically, interim storage of SNF is the responsibility of the owners and generators of nuclear wastes. Storage at government facilities will be provided only if the utilities do not have adequate storage capacity. The Nuclear Waste Fund (Sec. 302) is the statutory financing approach for the Department's radioactive waste disposal program. P.L. 97-425 directs utilities to pay a mandatory fee to cover DOE's expected costs for nuclear waste disposal. The Funds are administered by the Department of Energy. This Plan identifies how DOE will implement and manage the Nuclear Waste and Interim Storage Funds

  6. Educational Technology Funding Models

    Science.gov (United States)

    Mark, Amy E.

    2008-01-01

    Library and cross-disciplinary literature all stress the increasing importance of instructional technology in higher education. However, there is a dearth of articles detailing funding for library instructional technology. The bulk of library literature on funding for these projects focuses on one-time grant opportunities and on the architecture…

  7. Activity Fund Accounting.

    Science.gov (United States)

    Cool, David W.

    1983-01-01

    Addresses the need of school districts in many states to decide on an appropriate mingling of centralization and decentralization in the operation of activity funds. Argues for analysis of activity fund operation through a breakdown into such major components as policy, the accounting system, and reporting and auditing. (JBM)

  8. Nuclear Waste Fund management

    International Nuclear Information System (INIS)

    Rosselli, R.

    1984-01-01

    The Nuclear Waste Policy Act of 1982 (NWPA) established two separate special bank accounts: the Nuclear Waste Fund (NWF) was established to finance all of the Federal Government activities associated with the disposal of High-Level Waste (HLW) or Spent Nuclear Fuel (SNF). The Interim Storage Fund (ISF) is the financial mechanism for the provision of Federal Interim Storage capacity, not to exceed 1900 metric tons of SNF at civilian power reactors. The management of these funds is discussed. Since the two funds are identical in features and the ISF has not yet been activated, the author's remarks are confined to the Nuclear Waste Fund. Three points discussed include legislative features, current status, and planned activities

  9. An Analysis of the Mutual Fund Industry: Mutual Fund Investors, Mutual Fund Managers and Mutual Fund Companies

    OpenAIRE

    Fang, Jieyan

    2012-01-01

    In this dissertation I investigate the mutual fund industry, especially the three most important participants within this industry: mutual fund investors, mutual fund companies and mutual fund managers. The main research questions of this dissertation are: 1. Does rapid trading exist among German equity mutual fund investors? What are the determinants of rapid trading? Does rapid trading have a negative impact on mutual fund performance? 2. Do mutual fund investors, as a whole, have...

  10. Satellite image collection optimization

    Science.gov (United States)

    Martin, William

    2002-09-01

    Imaging satellite systems represent a high capital cost. Optimizing the collection of images is critical for both satisfying customer orders and building a sustainable satellite operations business. We describe the functions of an operational, multivariable, time dynamic optimization system that maximizes the daily collection of satellite images. A graphical user interface allows the operator to quickly see the results of what if adjustments to an image collection plan. Used for both long range planning and daily collection scheduling of Space Imaging's IKONOS satellite, the satellite control and tasking (SCT) software allows collection commands to be altered up to 10 min before upload to the satellite.

  11. Handbook of satellite applications

    CERN Document Server

    Madry, Scott; Camacho-Lara, Sergio

    2017-01-01

    The first edition of this ground breaking reference work was the most comprehensive reference source available about the key aspects of the satellite applications field. This updated second edition covers the technology, the markets, applications and regulations related to satellite telecommunications, broadcasting and networking—including civilian and military systems; precise satellite navigation and timing networks (i.e. GPS and others); remote sensing and meteorological satellite systems. Created under the auspices of the International Space University based in France, this brand new edition is now expanded to cover new innovative small satellite constellations, new commercial launching systems, innovation in military application satellites and their acquisition, updated appendices, a useful glossary and more.

  12. Ultrametricity in Fund of Funds Diversification

    OpenAIRE

    Susinno, Gabriele; Miceli, Maria Augusta

    2003-01-01

    Minimum market transparency requirements impose Hedge Fund (HF) managers to use the statement declared strategy in practice. However each declared strategy may actually origin a multiplicity of implemented management decisions. Is then the "actual "strategy the same as the "announced" strategy? Can the actual strategy be monitored or compared to the actual strategy of HF belonging to the same "announced" class? Can the announced or actual strategy be used as a quantitative argument in the fun...

  13. INVESTMENT FUNDS IN ROMANIA

    Directory of Open Access Journals (Sweden)

    COPIL CRINA ANGELA

    2013-07-01

    Full Text Available I chose this topic because my goal was to capture in detail all aspects of the evolution of investment funds under the influence of factors leading to globalization of the banking financial market. Main motivation was that I proposed to present in an original manner the concept of investment in mutual funds by the thoroughness of the following points: the different types of investment funds from Romania, the advantages, the risks and the specific costs of the investment in mutual funds and the effects of the financial crisis on the industry of the investment funds on the national level. The financial crisis and the risk of infecting the global economy affected the taste of risk of the investors and their request for the investment fund, determining the orientation of the investors to the funds with a lower risk – the diversified funds, the funds of bonds and the monetary funds. I considered important the theoretical approach of the concept of investments in investment funds because they are a barometer of the macro economical stability, in case the economical increase is positive on the macro economical level the investments in investments funds are increasing too. In Romania the market of the mutual funds is at an incipient level, but with potential and perspectives of development. Due to the bankruptcy of FNI in the beginning of the years 2000 and due to the absence of a clear legislation regarding the calculation of the unitary value of the net asset and the control of the activity developed by the investment funds, the development of the industry of the investment funds had to fight against the crisis of credibility generated by these events. The convergence of the Romanian economy to the European standards will attract also a modification of the structure of the financial investments of the individuals, by an increase of the investments in funds. In the world the investment funds are preferred by the investors for their advantages

  14. Understaning the "funding effect"

    Science.gov (United States)

    Oreskes, N.

    2016-12-01

    There is a long history of industry funding of scientific and engineering research in the USA. Much of this work has been of high quality. Research demonstrates, however, that corporate funding can represent a threat to scientific independence and integrity. Studies show that sponsors' interests can affect research results, particularly when sponsors have a strong interest in a particular research outcome. The effects may occur through the impact of subconscious bias on sampling, study design, data interpretation, and/or reporting of results. Corporate funding can also skew research toward investigating certain questions at the expense of others, downplaying the significance of adverse findings, and/or failing to report adverse results. Gifts can affect behavior, even when they are unrelated to research activities. These impacts that are so substantial that they have a name: "the funding effect."[i] Evidence shows that scientists who strive to be objective and fair-minded may nonetheless fall prey to the funding effect. In many cases, the challenges of corporate gifts and funding can be addressed through education and improved self-awareness, agreements that protect researchers' freedom to publish without sponsor approval, sensible disclosure policies, and reasonable sanctions for failures of disclosure. However, in some cases, it may be appropriate for researchers and scientific societies to decline funding.

  15. Os efeitos da aplicação dos royalties petrolíferos sobre os investimentos públicos nos municípios brasileiros

    Directory of Open Access Journals (Sweden)

    Diego Araujo Reis

    2015-02-01

    Full Text Available A promulgação da Lei no 9.478, de 1997, proporcionou um maior ingresso de royalties provenientes da exploração de petróleo e gás natural em alguns municípios brasileiros. Por ser uma receita transitória, é relevante investigar a aplicação desses recursos, da perspectiva das finanças públicas. Este artigo tem como objetivo analisar os efeitos da aplicação dos royalties petrolíferos sobre os investimentos públicos nos municípios brasileiros, no período de 1999 a 2011. A estratégia metodológica envolveu o uso do modelo econométrico de painel, a partir da utilização das variáveis receitas orçamentárias, royalties e despesas de capital dos respectivos municípios, obtidas a partir de fontes secundárias. Os resultados mostram que os municípios mais dependentes dos royalties elevaram as despesas de capital com o aumento dos royalties, tanto pela ótica per capita como pela proporção fiscal.

  16. Stalkers and harassers of royalty: the role of mental illness and motivation.

    Science.gov (United States)

    James, D V; Mullen, P E; Pathé, M T; Meloy, J R; Preston, L F; Darnley, B; Farnham, F R

    2009-09-01

    Public figures are at increased risk of attracting unwanted attention in the form of intrusions, stalking and, occasionally, attack. Whereas the potential threat to the British Royal Family from terrorists and organized groups is clearly defined, there is a dearth of knowledge about that from individual harassers and stalkers. This paper reports findings from the first systematic study of this group. A retrospective study was conducted of a randomly selected stratified sample (n=275) of 8001 files compiled by the Metropolitan Police Service's Royalty Protection Unit over 15 years on inappropriate communications or approaches to members of the British Royal Family. Cases were split into behavioural types. Evidence of major mental illness was recorded from the files. Cases were classified according to a motivational typology. An analysis was undertaken of associations between motivation, type of behaviour and mental illness. Of the study sample, 83.6% were suffering from serious mental illness. Different forms of behaviour were associated with different patterns of symptomatology. Cases could be separated into eight motivational groups, which also showed significant differences in mental state. Marked differences in the intrusiveness of behaviour were found between motivational groups. The high prevalence of mental illness indicates the relevance of psychiatric intervention. This would serve the health interests of psychotic individuals and alleviate protection concerns without the necessity of attempting large numbers of individual risk predictions. The finding that some motivations are more likely to drive intrusive behaviours than others may help focus both health and protection interventions.

  17. CERN Pension Fund move

    CERN Multimedia

    HR Department

    2007-01-01

    The CERN Pension Fund has moved to new offices at the 5th floor of Building 5. The Benefits Service of the Fund will henceforth receive you in the offices: 5-5-017 - 5-5-021 - 5-5-023. We remind you that the office hours are: Tuesday/Wednesday/Thursday from 10 am to 12 am and from 3 pm to 5 pm. The Fund would like to take this opportunity to warmly thank all the persons involved in the Removal.

  18. A PERFORMANCE COMPARISON OF HEDGE FUNDS, HEDGED MUTUAL FUNDS AND HEDGE FUND ETFS

    OpenAIRE

    Shenyan Gu; Tina Zhang

    2015-01-01

    Hedged mutual funds and hedge fund ETFs are new entrants to the market thatallow individual investors to invest in funds using hedge fund strategies.   In this paper, we study the performance of these two funds relative to the traditional hedge funds to see if the three asset classes are comparable investments. We use four performance measurement models, including CAPM, Fama French three factor model, Carhart four factor model and Fung and Hsieh eight factor model, to test the fund...

  19. 37 CFR 360.14 - Copies of claims.

    Science.gov (United States)

    2010-07-01

    ... Section 360.14 Patents, Trademarks, and Copyrights COPYRIGHT ROYALTY BOARD, LIBRARY OF CONGRESS SUBMISSION OF ROYALTY CLAIMS FILING OF CLAIMS TO ROYALTY FEES COLLECTED UNDER COMPULSORY LICENSE Satellite... royalty fees. ...

  20. GPS Satellite Simulation Facility

    Data.gov (United States)

    Federal Laboratory Consortium — The GPS satellite simulation facility consists of a GPS satellite simulator controlled by either a Silicon Graphics Origin 2000 or PC depending upon unit under test...

  1. A Space Based Solar Power Satellite System

    Science.gov (United States)

    Engel, J. M.; Polling, D.; Ustamujic, F.; Yaldiz, R.; et al.

    2002-01-01

    (SPoTS) supplying other satellites with energy. SPoTS is due to be commercially viable and operative in 2020. of Technology designed the SPoTS during a full-time design period of six weeks as a third year final project. The team, organized according to the principles of systems engineering, first conducted a literature study on space wireless energy transfer to select the most suitable candidates for use on the SPoTS. After that, several different system concepts have been generated and evaluated, the most promising concept being worked out in greater detail. km altitude. Each SPoTS satellite has a 50m diameter inflatable solar collector that focuses all received sunlight. Then, the received sunlight is further redirected by means of four pointing mirrors toward four individual customer satellites. A market-analysis study showed, that providing power to geo-stationary communication satellites during their eclipse would be most beneficial. At arrival at geo-stationary orbit, the focused beam has expended to such an extent that its density equals one solar flux. This means that customer satellites can continue to use their regular solar arrays during their eclipse for power generation, resulting in a satellite battery mass reduction. the customer satellites in geo-stationary orbit, the transmitted energy beams needs to be pointed with very high accuracy. Computations showed that for this degree of accuracy, sensors are needed, which are not mainstream nowadays. Therefore further research must be conducted in this area in order to make these high-accuracy-pointing systems commercially attractive for use on the SPoTS satellites around 2020. Total 20-year system lifetime cost for 18 SPoT satellites are estimated at approximately USD 6 billion [FY2001]. In order to compete with traditional battery-based satellite power systems or possible ground based wireless power transfer systems the price per kWh for the customer must be significantly lower than the present one

  2. General IDRC Funding Guidelines

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

    Loretta Rocca

    Financial and Administrative Assessment ... the organization has independent legal status (or 'legal personality') and is capable of contracting ... Books and journal articles generated from IDRC-funded projects will be made accessible free of.

  3. Mutual aid fund commission

    CERN Multimedia

    Staff Association

    2011-01-01

    The composition of the Board of the Mutual Aid Fund for 2011 is as follows: President: Pascal Droux Vice-president: Connie Potter Treasurer: Louis Pereira Deputy treasurer: Barbara Brugger Secretary: Sonia Casenove Deputy secretary: Isabelle Mardirossian Members: Christopher David Thomas   Jean-Claude Vialis (GAC member)   Marie-Luce Falipou   Gunilla Santiard (Jean-Claude Vialis’s alternate) The role of the Fund is to provide financial help to members of personnel and beneficiaries of the Pension Fund who are in need of exceptional financial assistance. All requests are treated in the strictest confidence. Should you wish to apply for aid from the Fund, kindly contact any member of the Board as given above or Social Services, tel.74479 – 73867.

  4. Funding begets biodiversity

    DEFF Research Database (Denmark)

    Ahrends, Antje; Burgess, Neil David; Gereau, Roy E.

    2011-01-01

    Aim Effective conservation of biodiversity relies on an unbiased knowledge of its distribution. Conservation priority assessments are typically based on the levels of species richness, endemism and threat. Areas identified as important receive the majority of conservation investments, often...... facilitating further research that results in more species discoveries. Here, we test whether there is circularity between funding and perceived biodiversity, which may reinforce the conservation status of areas already perceived to be important while other areas with less initial funding may remain overlooked......, and variances decomposed in partial regressions. Cross-correlations are used to assess whether perceived biodiversity drives funding or vice versa. Results Funding explained 65% of variation in perceived biodiversity patterns – six times more variation than accounted for by 34 candidate environmental factors...

  5. Annual Pension Fund Update

    CERN Multimedia

    Pension Fund

    2011-01-01

    All members and beneficiaries of the Pension Fund are invited to attend the Annual Pension Fund Update to be held in the CERN Council Chamber on Tuesday 20 September 2011 from 10-00 to 12-00 a.m. Copies of the 2010 Financial Statements are available from departmental secretariats. Coffee and croissants will be served prior to the meeting as of 9-30 a.m.

  6. Pension Fund Investment Policy

    OpenAIRE

    Zvi Bodie

    1988-01-01

    The purpose of this paper is to survey what is known about the investment policy of pension funds. Pension fund investment policy depends critically on the type of plan: defined contribution versus defined benefit. For defined contribution plans investment policy is not much different than it is for an individual deciding how to invest the money in an Individual Retirement Account (IRA). The guiding principle is efficient diversification, that is, achieving the maximum expected return for any...

  7. PENSION FUND - ELECTIONS

    CERN Multimedia

    2000-01-01

    This candidature has been duly registered and is hereby presented in accordance with paragraph 6.h of the Regulations for Elections to the Governing Board of the Pension Fund.   Candidate: Name: RANJARD First Name: Florence Having been a member of the Governing Board of the Pension Fund since 1983 as Guy Maurin’s alternate, I am standing for a further 3-year term of office. Over the past few years work has concentrated essentially on following items: Monitoring of the work of the fund managers and their performances. The three-yearly study of the Fund’s actuarial situation. The pension guarantees ­ second phase. The Fund is approaching its maturity: the level of benefits exceeds contributions. In this context it has to strike a suitable balance between management of the risk from a dynamic investment policy, while by a prudent policy avoiding any significant loss of its capital. These will be my concerns within the Governing Board of the Pension Fund if you give me your support.

  8. Korea Earth Observation Satellite Program

    Science.gov (United States)

    Baek, Myung-Jin; Kim, Zeen-Chul

    via Korea Aerospace Research Institute (KARI) as the prime contractor in the area of Korea earth observation satellite program to enhance Korea's space program development capability. In this paper, Korea's on-going and future earth observation satellite programs are introduced: KOMPSAT- 1 (Korea Multi Purpose Satellite-1), KOMPSAT-2 and Communication, Broadcasting and Meteorological Satellite (CBMS) program. KOMPSAT-1 satellite successfully launched in December 1999 with Taurus launch vehicle. Since launch, KOMPSAT-1 is downlinking images of Korea Peninsular every day. Until now, KOMPSAT-1 has been operated more than 2 and half years without any major hardware malfunction for the mission operation. KOMPSAT-1 payload has 6.6m panchromatic spatial resolution at 685 km on-orbit and the spacecraft bus had NASA TOMS-EP (Total Ozone Mapping Spectrometer-Earth Probe) spacecraft bus heritage designed and built by TRW, U.S.A.KOMPSAT-1 program was international co-development program between KARI and TRW funded by Korean Government. be launched in 2004. Main mission objective is to provide geo-information products based on the multi-spectral high resolution sensor called Multi-Spectral Camera (MSC) which will provide 1m panchromatic and 4m multi-spectral high resolution images. ELOP of Israel is the prime contractor of the MSC payload system and KARI is the total system prime contractor including spacecraft bus development and ground segment. KARI also has the contract with Astrium of Europe for the purpose of technical consultation and hardware procurement. Based on the experience throughout KOMPSAT-1 and KOMPSAT-2 space system development, Korea is expecting to establish the infrastructure of developing satellite system. Currently, KOMPSAT-2 program is in the critical design stage. are scheduled to launch in 2008 and in 2014, respectively. The mission of CBMS consists of two areas. One is of space technology test for the communications mission, and the other is of a real

  9. Meteorological satellite systems

    CERN Document Server

    Tan, Su-Yin

    2014-01-01

    “Meteorological Satellite Systems” is a primer on weather satellites and their Earth applications. This book reviews historic developments and recent technological advancements in GEO and polar orbiting meteorological satellites. It explores the evolution of these remote sensing technologies and their capabilities to monitor short- and long-term changes in weather patterns in response to climate change. Satellites developed by various countries, such as U.S. meteorological satellites, EUMETSAT, and Russian, Chinese, Japanese and Indian satellite platforms are reviewed. This book also discusses international efforts to coordinate meteorological remote sensing data collection and sharing. This title provides a ready and quick reference for information about meteorological satellites. It serves as a useful tool for a broad audience that includes students, academics, private consultants, engineers, scientists, and teachers.

  10. Theory of geostationary satellites

    CERN Document Server

    Zee, Chong-Hung

    1989-01-01

    Geostationary or equatorial synchronous satellites are a daily reminder of our space efforts during the past two decades. The nightly television satellite weather picture, the intercontinental telecommunications of television transmissions and telephone conversations, and the establishrnent of educational programs in remote regions on Earth are constant reminders of the presence of these satellites. As used here, the term 'geo­ stationary' must be taken loosely because, in the long run, the satellites will not remain 'stationary' with respect to an Earth-fixed reference frame. This results from the fact that these satellites, as is true for all satellites, are incessantly subject to perturbations other than the central-body attraction of the Earth. Among the more predominant pertur­ bations are: the ellipticity of the Earth's equator, the Sun and Moon, and solar radiation pressure. Higher harmonics of the Earth's potential and tidal effects also influence satellite motion, but they are of second­ order whe...

  11. ANÁLISE DO IMPACTO DOS ROYALTIES DO PETRÓLEO NO DESENVOLVIMENTO LOCAL DOS MUNICÍPIOS POTIGUARES

    Directory of Open Access Journals (Sweden)

    Ridalvo Medeiros Alves de Oliveira

    2009-12-01

    Full Text Available Os royalties do petróleo são compensações financeiras consequentes da exploração de petróleo ou gás natural. Devido à relevância da receita dos royalties do petróleo para a política fiscal e de desenvolvimento econômico do Rio Grande do Norte, e em particular, para os municípios que compõem a Área de Petróleo Potiguar, se fez necessário estabelecer um estudo sobre as suas influências na dinâmica socioeconômica dessa região. O objetivo geral desse artigo é investigar as contribuições das receitas extraordinárias, originadas da atividade industrial de petróleo no território potiguar, para a melhoria da qualidade de vida destes municípios. Assim, através da evolução dos índices de IDH-M vislumbrou-se observar se os royalties têm contribuído para o desenvolvimento humano nos municípios em estudo. Os dados para a pesquisa foram obtidos junto ao IBGE, ANP e FERMURN, e para analisar aevolução das duas variáveis – royalties e IDH-M – foi utilizada a metodologia descritiva. Ao final do artigo conclui-se que um dos fatores que ocasionaram na melhoria da dinâmica de desenvolvimento dos municípios da região foi o incremento dessa receita extraordinária nosorçamentos municipais, permitindo investimentos em programas que possibilitaram melhoria nas variáveis: renda, longevidade e educação. O resultado do coeficiente de Pearson (0,689apresentou que existe uma correlação positiva entre as variáveis no período de 1995 a 2000.

  12. Funding Decommissioning - UK Experience

    International Nuclear Information System (INIS)

    MacKerron, Gordon

    2006-01-01

    'Funding' started with CEGB and SSEB (state-owned electric utilities) in 1976 using the internal un-segregated fund route (i.e unfunded). This continued until privatisation of electricity industry (excluding nuclear) in 1990. Assets bought with the internal un-segregated fund were mostly transferred into non-nuclear private utilities. New state-owned Nuclear Electric (England and Wales) was given a 'Fossil Fuel Levy', a consumer charge of 10% on retail bills, amounting to c. BP 1 bn. annually. This allowed Nuclear Electric to trade legally (A reserve of BP 2.5 bn. was available from Government if company ran out of money). By 1996 the newer nuclear stations (AGRS plus PWR) were privatised as British Energy. British Energy started an external segregated fund, the Nuclear Decommissioning Fund, with a starting endowment of c. BP 225 m. - and BE made annual contributions of British Pound 16 m. into the Fund. Assumptions were that BE had 70 to accumulate cash and could get a 3.5% average annual real return. Older stations (Magnox) were left in private sector and went to BNFL in 1997. Magnox inherited the surplus cash in BE - mostly unspent Fossil Fuel Levy receipts - of c. BP 2.6 bn. Government gave an 'Undertaking' to pay BP 3.8 bn. (escalating at 4.5% real annually) for Magnox liabilities, should Magnox Electric run out of cash. BNFL inherited the BP 2.6 bn. and by 2000 had a 'Nuclear Liabilities Investment Portfolio' of c. BP 4 bn. This was a quasi-segregated internal fund for liabilities in general. [Note: overall UK nuclear liabilities in civilian sector were running at c. BP 48 bn. by now]. BE started profitable and paid BP 100 m. annually in dividends to private investors for several years. BE ran into severe financial problems after 2001 and Government organised restructuring aid, now approved by European Commission. Terms include: - BE now to contribute BP 20 m. a year into an expanded Nuclear Liabilities Fund; - A bond issue of BP 275 m. to go to Fund; - 65

  13. ELECTIONS - Pension Fund

    CERN Multimedia

    2006-01-01

    CERN - EUROPEAN ORGANIZATION FOR NUCLEAR RESEARCH PENSION FUND ELECTIONS - Pension Fund This candidature has been duly registered and is hereby presented in accordance with paragraph 6.h of the Regulations for Elections to the Governing Board of the Pension Fund. Candidate: First name: Michel Name: Goossens The CERN/ESO Pension Fund represents, for most staff, the sole source of income when they retire. The health of our Pension Fund is thus of the utmost importance to ensure the payment of pensions up to the death of the last beneficiary. The 2003 actuarial review showed a large deficit and several corrective measures have already been taken. The next months will see the results of the 2006 actuarial review. We hope they will show that the measures taken last year are going in the right direction. However, we must remain proactive since further measures will no doubt be necessary. New and imaginative proposals must be prepared and discussed in the widest possible forum, by regular direct contact with staf...

  14. ELECTIONS - Pension Fund

    CERN Multimedia

    2006-01-01

    CERN - EUROPEAN ORGANIZATION FOR NUCLEAR RESEARCH PENSION FUND ELECTIONS - Pension Fund This candidature has been duly registered and is hereby presented in accordance with paragraph 6.h of the Regulations for Elections to the Governing Board of the Pension Fund. Candidate: First name: Michel Name: Goossens The CERN/ESO Pension Fund represents, for most staff, the sole source of income when they retire. The health of our Pension Fund is thus of the utmost importance to ensure the payment of pensions up to the death of the last beneficiary. The 2003 actuarial review showed a large deficit and several corrective measures have already been taken. The next months will see the results of the 2006 actuarial review. We hope they will show that the measures taken last year are going in the right direction. However, we must remain proactive since further measures will no doubt be necessary. New and imaginative proposals must be prepared and discussed in the widest possible forum, by regular direct contact with staff...

  15. ELECTIONS - Pension Fund

    CERN Multimedia

    2006-01-01

    CERN - EUROPEAN ORGANIZATION FOR NUCLEAR RESEARCH PENSION FUND ELECTIONS - Pension Fund This candidature has been duly registered and is hereby presented in accordance with paragraph 6.h of the Regulations for Elections to the Governing Board of the Pension Fund. Candidate: First name: Michel Name: Goossens The CERN/ESO Pension Fund represents, for most staff, the sole source of income when they retire. The health of our Pension Fund is thus of the utmost importance to ensure the payment of pensions up to the death of the last beneficiary. The 2003 actuarial review showed a large deficit and several corrective measures have already been taken. The next months will see the results of the 2006 actuarial review. We hope they will show that the measures taken last year are going in the right direction. However, we must remain proactive since further measures will no doubt be necessary. New and imaginative proposals must be prepared and discussed in the widest possible forum, by regular direct contact ...

  16. ELECTIONS PENSION FUND

    CERN Multimedia

    2001-01-01

    ORGANISATION EUROPEENNE POUR LA RECHERCHE NUCLEAIRE CERN EUROPEAN ORGANIZATION FOR NUCLEAR RESEARCH CAISSE DE PENSIONS / PENSION FUND Caisse de Pensions - ELECTIONS - Pension Fund This candidature has been duly registered and is hereby presented in accordance with paragraph 6.h of the Regulations for Elections to the Governing Board of the Pension Fund. Candidate : Name : CHIAVERI First Name : Enrico I have been a CERN staff member since 1973 and have always been interested in our working conditions. As a member of the Executive Committee of the Staff Association I participated from 1980 to 1984 in the Working Group on Pensions mandated by the CERN Council. This commitment led to my becoming a member of the Governing Board of the Pension Fund in 1983, since when I have taken an active part in various commissions and working groups (Real Estate Asset Management Committee, Working Group on Actuarial Matters etc.); in so doing I have gained a thorough knowledge of different areas of the Pension Fund. Since ...

  17. Efecto de tres preservadores de la longevidad sobre la vida postcosecha de Rosa cv. Royalty

    Directory of Open Access Journals (Sweden)

    G. H. De la Cruz-Guzmán

    2007-01-01

    Full Text Available Se evaluó el efecto de tres tratamientos: a sulfato de aluminio 0.6 g·l-1; b 400 ppm de sulfato de 8-hidroxiquinoleina (8-HQS; c pulso con tiosulfato de plata (STS, 0.025 mM durante 20 minutos y agua destilada como testigo sobre consumo hídrico, peso fresco, diámetro floral, concentración de azúcares solubles totales en pétalos y longevidad en Rosa cv. Royalty. En el testigo el consumo de agua descendió significativamente al noveno día, no así en los otros tratamientos que se mantuvieron por arriba del testigo hasta el final del experimento. La menor tasa de pérdida de peso fresco se observó en el tratamiento con sulfato de aluminio (Al, seguido por STS, HQS y testigo respectivamente, sugiriendo una probable asociación inversa con la vida postcosecha. Las flores tratadas con sulfato de aluminio, resultaron estadísticamente diferentes en cuanto a su estado ornamental óptimo en los días 9, 10, 11, 12 y 14 de vida postcosecha, evaluados mediante la prueba de Kruskall-Wallis El diámetro floral fue mayor en las flores tratadas con STS (9 cm, seguido por sulfato de aluminio (7.6 cm; éste último mantuvo la apertura dos días más que STS. En cuanto a la concentración de azúcares solubles totales en estado de botón y flor abierta, no se registraron diferencias significativas (P>0.05 ni entre tratamientos ni estados florales.

  18. International Petroleum Fiscal Regimes: Trends in Tax-Royalty Worldwide and in Romania

    Directory of Open Access Journals (Sweden)

    MARIANA PAPATULICĂ

    2014-05-01

    Full Text Available “Resource nationalism” is a cyclical phenomenon whereby governments assert varying degrees of control over natural resources located within their territories, in an attempt to maximise revenue generation from their national resources. Resource nationalism often depends on the price of hydrocarbons and the ability of national governments to extract them. International oil companies are attractive partners for the development of concessions as they have advanced extractive technology, superior project management skills, flexible logistical chains and access to capital from global financial markets. However, these advantages will erode as National Oil Companies (NOCs improve their expertise over the mid- to long-term and new forms of resource nationalism may restrict their room for manoeuvre.The recent trends in most of oil producing countries’ policies are focusing on highly increasing the fiscal levies imposed to resources exploited under the concession agreements and also on imposing minimum labor taxes. At the end of 2014, The Romanian Government will have to reappraise the fiscal systems for the companies operating in the national oil and gas upstream sector, because the 10-year "freezing" of royalties on oil and gas, at a very low level compared with other producing countries will come to an end. This article tries to present the trends in the international petroleum fiscal regimes worldwide, to make a comparative analysis between Romania and other countries from this point of view and finally to make some recommendations as regards the main guidelines that the negociators could follow in order to obtain better conditions for the new fiscal regime and implicitly a better turning into account of our natural resources to the benefit of the consumers.

  19. Surface Turbulent Fluxes, 1x1 deg Daily Grid, Satellite F15 V2c

    Data.gov (United States)

    National Aeronautics and Space Administration — These data are part of the Goddard Satellite-based Surface Turbulent Fluxes Version-2c (GSSTF 2c) Dataset recently produced through a MEaSURES funded project led by...

  20. Goddard Satellite-Based Surface Turbulent Fluxes Climatology, Yearly Grid V3

    Data.gov (United States)

    National Aeronautics and Space Administration — These data are the Goddard Satellite-based Surface Turbulent Fluxes Version-3 Dataset recently produced through a MEaSUREs funded project led by Dr. Chung-Lin Shie...

  1. Goddard Satellite-Based Surface Turbulent Fluxes Climatology, Seasonal Grid V3

    Data.gov (United States)

    National Aeronautics and Space Administration — These data are the Goddard Satellite-based Surface Turbulent Fluxes Version-3 Dataset recently produced through a MEaSUREs funded project led by Dr. Chung-Lin Shie...

  2. Innovative funding solution for special projects: Crowd funding

    Directory of Open Access Journals (Sweden)

    Sentot Imam Wahjono

    2015-06-01

    Full Text Available The aim of this paper is to examine the influence of crowd funding knowledge, applica-tion, platform, and project initiator toward successful crowd funding. This study conducted by quantitative approach, data have been collected with web-based ques-tionnaires via Kickstarter.com direct message and e-mail to 200 successful crowd funding project initiators as a sample and as much 152 sets questionnaire returned by a complete answer and should be analyzed further. Deployment and data collection take 3 month from October to December 2013. This study found evidence that crowd funding knowledge, crowd funding application, crowd funding platform, and project initiator has positive and significant relationship toward the success of crowd funding. The implication from this research is crowd funding can be a source of capital to finance the projects, not just rely on traditional sources of financing just like banking and capital markets. Crowd funding can be innovative funding solution.

  3. Pension Fund Governing Board

    CERN Multimedia

    HR Department

    2008-01-01

    Note The CERN pension scheme is based on the principle of defined benefits, so beneficiaries continue to receive the benefits to which they are entitled in accordance with the Rules of the Pension Fund. This means that pension entitlements under the Rules are not directly affected by the financial crisis and the current economic situation. However, the adjustment of pensions to the cost of living is not automatic and, under the method applied since 2006, must take into account the Fund’s financial position. Meeting of the Pension Fund Governing Board The Pension Fund Governing Board held its eighth meeting at ESO in Garching, Germany (near Munich) on 24 October 2008. Before starting its work, the Governing Board had the privilege of hearing an opening address by Professor Tim de Zeeuw, the Director General of ESO. Professor de Zeeuw described the mission of ESO and the ambitious projects of his organisation, which performs astronomy observations using telescopes located in...

  4. Pension Fund governing board

    CERN Multimedia

    HR Department

    2008-01-01

    On 16 March and 7 May, the Pension Fund Governing Board (PFGB) held its fourth and fifth meetings The first of these meetings was primarily dedicated to the examination of the strategic asset allocation. The PFGB reaffirmed the main goal of the new strategic asset allocation: to improve the Pension Fund’s position with regard to risk by lowering overall portfolio volatility through suitable investments in less volatile asset classes such as real estate and absolute return strategies, where the return does not depend on market trends and negative growth is extremely unlikely. The finalised document will be presented to the Finance Committee and the Council at their June meetings for approval, in accordance with the provisions of the Levaux report. The PFGB also took note of the Internal Audit’s report on Pension Fund operations and decided to refer it to Working Group I as a working document for establishing a control and internal monitoring system for Pension Fund oper...

  5. Casemix funding in Australia.

    Science.gov (United States)

    Braithwaite, J; Hindle, D; Phelan, P D; Hanson, R

    1998-06-01

    Casemix funding for hospitals with the use of diagnosis-related groups (DRGs), which organise patients' conditions into similar clinical categories with similar costs, was introduced in Australia five years ago. It has been applied in different ways and to a greater or lesser extent in different Australian States. Only Victoria and South Australia have implemented casemix funding across all healthcare services. Attempts have been made to formally evaluate its impact, but they have not met the required scientific standards in controlling for confounding factors. Casemix funding remains a much-discussed issue. In this Debate, Braithwaite and Hindle take a contrary position, largely to stimulate policy debate; Phelan defends the casemix concept and advocates retaining its best features; and Hanson adds a plea for consumer input.

  6. 75 FR 5513 - Determination of Rates and Terms for Preexisting Subscription Services and Satellite Digital...

    Science.gov (United States)

    2010-02-03

    ...), 114, and 801(b)(1). 0 2. Section 382.12 is revised to read as follows: Sec. 382.12 Royalty fees for... monthly royalty fee to be paid by a Licensee for the public performance of sound recordings pursuant to 17... LIBRARY OF CONGRESS Copyright Royalty Board 37 CFR Part 382 [Docket No. 2006-1 CRB DSTRA...

  7. 75 FR 56868 - Implementation of the Satellite Television Extension and Localism Act of 2010

    Science.gov (United States)

    2010-09-17

    .... (``Subsection (c) resolves the phantom signal ambiguity that required cable systems to pay royalty fees for... distant signals to some but not all communities to calculate royalty fees on the basis of the actual...'s computation of its royalty fee consistent with the methodology described in subparagraph (C)(iii...

  8. Funding strategies for wilderness management

    Science.gov (United States)

    Carolyn Alkire

    2000-01-01

    Funding wilderness protection will continue to be a challenge for public land managers. With continuing competition for federal funds and balanced budget goals, other sources of funds may be necessary to supplement annual federal appropriations. This paper identifies and evaluates five potential funding strategies and provides examples of each that are currently in use...

  9. Planning for a data base system to support satellite conceptual design

    Science.gov (United States)

    Claydon, C. R.

    1976-01-01

    The conceptual design of an automated satellite design data base system is presented. The satellite catalog in the system includes data for all earth orbital satellites funded to the hardware stage for launch between 1970 and 1980, and provides a concise compilation of satellite capabilities and design parameters. The cost of satellite subsystems and components will be added to the base. Data elements are listed and discussed. Sensor and science and applications opportunities catalogs will be included in the data system. Capabilities of the BASIS storage, retrieval, and analysis system are used in the system design.

  10. Hedge Fund Contagion and Liquidity

    OpenAIRE

    Nicole M. Boyson; Christof W. Stahel; Rene M. Stulz

    2008-01-01

    Using hedge fund indices representing eight different styles, we find strong evidence of contagion within the hedge fund sector: controlling for a number of risk factors, the average probability that a hedge fund style index has extreme poor performance (lower 10% tail) increases from 2% to 21% as the number of other hedge fund style indices with extreme poor performance increases from zero to seven. We investigate how changes in funding and asset liquidity intensify this contagion, and find ...

  11. Communication satellite applications

    Science.gov (United States)

    Pelton, Joseph N.

    The status and future of the technologies, numbers and services provided by communications satellites worldwide are explored. The evolution of Intelsat satellites and the associated earth terminals toward high-rate all-digital telephony, data, facsimile, videophone, videoconferencing and DBS capabilities are described. The capabilities, services and usage of the Intersputnik, Eutelsat, Arabsat and Palapa systems are also outlined. Domestic satellite communications by means of the Molniya, ANIK, Olympus, Intelsat and Palapa spacecraft are outlined, noting the fast growth of the market and the growing number of different satellite manufacturers. The technical, economic and service definition issues surrounding DBS systems are discussed, along with presently operating and planned maritime and aeronautical communications and positioning systems. Features of search and rescue and tracking, data, and relay satellite systems are summarized, and services offered or which will be offered by every existing or planned communication satellite worldwide are tabulated.

  12. Funding Ammunition Ports

    Science.gov (United States)

    2012-01-01

    a pure version of either approach, but MOTSU has a greater relative emphasis on working capital funding than MOTCO does. Figure 1.1 depicts how...midnight on September 30, the government’s coach turns into a pumpkin . That is the moment—at the end of the fiscal year—at which every agency, with a few

  13. Trading fund opportunities

    International Nuclear Information System (INIS)

    Anon.

    1986-01-01

    The paper concerns the operation of the United Kingdom Atomic Energy Authority (UKAEA) as a trading fund. The changes and anticipated effects of this role are discussed, including the financial arrangements, UKAEA skills, customers, Department of Energy sponsorship and new business opportunities. (U.K.)

  14. Higher Education Funding Formulas.

    Science.gov (United States)

    McKeown-Moak, Mary P.

    1999-01-01

    One of the most critical components of the college or university chief financial officer's job is budget planning, especially using formulas. A discussion of funding formulas looks at advantages, disadvantages, and types of formulas used by states in budgeting for higher education, and examines how chief financial officers can position the campus…

  15. Colombian oil fund

    International Nuclear Information System (INIS)

    Tellez, Mauricio

    2005-01-01

    The first venture capital fund in Colombia to boost exploration and production in minor fields was launched in July. The superintendence of securities says that it is paramount for corporate development and requests duplication of the scheme in other economic sectors

  16. Satellite services system overview

    Science.gov (United States)

    Rysavy, G.

    1982-01-01

    The benefits of a satellite services system and the basic needs of the Space Transportation System to have improved satellite service capability are identified. Specific required servicing equipment are discussed in terms of their technology development status and their operative functions. Concepts include maneuverable television systems, extravehicular maneuvering unit, orbiter exterior lighting, satellite holding and positioning aid, fluid transfer equipment, end effectors for the remote manipulator system, teleoperator maneuvering system, and hand and power tools.

  17. The Eccentric Satellites Problem: Comparing Milky Way Satellite Orbital Properties to Simulation Results

    Science.gov (United States)

    Haji, Umran; Pryor, Carlton; Applebaum, Elaad; Brooks, Alyson

    2018-01-01

    We compare the orbital properties of the satellite galaxies of the Milky Way to those of satellites found in simulated Milky Way-like systems as a means of testing cosmological simulations of galaxy formation. The particular problem that we are investigating is a discrepancy in the distribution of orbital eccentricities. Previous studies of Milky Way-mass systems analyzed in a semi-analytic ΛCDM cosmological model have found that the satellites tend to have significantly larger fractions of their kinetic energy invested in radial motion with respect to their central galaxy than do the real-world Milky Way satellites. We analyze several high-resolution ("zoom-in") hydrodynamical simulations of Milky Way-mass galaxies and their associated satellite systems to investigate why previous works found Milky Way-like systems to be rare. We find a possible relationship between a quiescent galactic assembly history and a distribution of satellite kinematics resembling that of the Milky Way. This project has been supported by funding from National Science Foundation grant PHY-1560077.

  18. Funding in Spain

    International Nuclear Information System (INIS)

    Santiago, Juan Luis

    2006-01-01

    Decommissioning strategies currently considered are: Immediate dismantling (for all LWR), Deferred dismantling (only for Vandellos-I). Dismantling is assumed to commence 3 years after shutdown. End point: Release the site for industrial uses without radiological restrictions. Considerations for Planning and Funding: 40 years of lifetime for the nuclear power plants currently in operation (7.6 GWe installed). Decommissioning of NPPs: Vandellos I (Partial dismantling (Level 2) in 2003, Total dismantling (Level 3) after a 30 years period); Rest of NPPs: Total dismantling (Level 3), as regards calculation and planning 3 years after final reactor shutdown. Distribution of Responsibilities: Decommissioning is planned to start about 3 years after plant shutdown. During this period the Utility is still responsible for the plant and should remove the spent fuel and condition all the operational wastes, prior to the transfer of responsibility to Enresa. After transfer, Enresa is fully responsible for decommissioning. Decommissioning Funding and Management Rules: The cost of the decommissioning of nuclear installations are financed by the producers of such wastes. The financing of these responsibilities is by way of a Fund set up for this purpose. The costs are calculated by Enresa by means of an annual study, which reviews the status of the techniques and assesses the associated costs, this study being submitted in the General Radioactive Waste Plan to the Ministry of Economy for its approval. The Fund, managed by Enresa, is raised by a charge on the electricity price. The accumulated fund is administrated by Enresa under the supervision of the competent governmental authorities. Rules are established by a Fund Control Committee reporting to the Ministry of Economy. Financing via electricity Billing: The costs of activities arising as a result of radioactive waste management are to be financed by the producers. For NPPs, Establishment of a percentage quota on electricity

  19. Program development fund

    International Nuclear Information System (INIS)

    1989-03-01

    It is the objective of the Fund to encourage innovative research to maintain the Laboratory's position at the forefront of science. Funds are used to explore new ideas and concepts that may potentially develop into new directions of research for the Laboratory and that are consistent with the major needs, overall goals, and mission of the Laboratory and the DOE. The types of projects eligible for support from PDF include: work in forefront areas of science and technology for the primary purpose of enriching Laboratory research and development capabilities; advanced study of new hypotheses, new experimental concepts, or innovative approaches to energy problems; experiments directed toward ''proof of principle'' or early determination of the utility of a new concept; and conception, design analyses, and development of experimental devices, instruments, or components. This report is a review of these research programs

  20. Pension Fund award

    CERN Multimedia

    Antonella Del Rosso

    2013-01-01

    The CERN Pension Fund won the Investments & Pensions Europe (IPE) 2013 Gold Award in the Medium Real-Estate Investor category. IPE is the leading European publication on the subject of pensions. The awards were judged by a panel of 22 members, which included leading European investment consultants and pension fund executives.     Théodore Economou (left), the CERN Pension Fund’s Chief Executive Officer, receives the IPE 2013 Gold Award.   The award recognised the “fresh thinking” behind the CERN Pension Fund’s updated real-estate strategy, which has brought it “focus” on “high-quality assets and diversification.” The jury also noted the Fund’s “streamlined and cost-efficient” management, and noted that CERN is “running a tight ship”. While the awards are given by a European institution, they have a worldwide scope, and winners in ot...

  1. Kryolize - KT Fund Project

    CERN Multimedia

    CERN. Geneva

    2016-01-01

    Safety standards and best practices do exist in the field of cryogenics but, as in most domains, they are generally inserted in a few ‘envelope’ cases commonly used in the industry, whereas applicability to the particularity of research facilities are not fully tailored to its needs. The main objective in these cases is to find a harmonised approach, based on lessons learnt and scientific knowledge. The Kryolize Project was created in order to produce tools with a harmonized approach to size pressure relief devices for cryogenic applications. In view of disseminating such tools to other institutes and industrial partners, the project was submitted to CERN’s KT Fund committee. This talk will focus on the process and deliverables of the KT-Funded Kryolize project, including the method on how to cope with the sizing of pressure relief devices and the R&D collaboration agreement between CERN and Karlsruhe Institute of Technology for an experimental programme.

  2. Satellite Communications Industry

    Science.gov (United States)

    1993-04-01

    Ariane $loom SAJAC 1 Hughes Satellite Japan 06/94 $150m SAJAC 2 Hughes Satellite Japan -- (spare) $150m SatcomHl GE GE Americom /95 $50m SOLIDARIDAD ...1 Hughes SCT (Mexico) 11/93 Ariane $loom SOLIDARIDAD 2 Hughes SCT (Mexico) /94 $loom Superbird Al Loral Space Com Gp (Jap) 11/92 Ariane $175m

  3. Partnership via Satellite.

    Science.gov (United States)

    Powell, Marie Clare

    1980-01-01

    Segments of the 1980 National Catholic Educational Association (NCEA) conference were to be telecast nationally by satellite. The author briefly explains the satellite transmission process and advises Catholic educators on how to pick up the broadcast through their local cable television system. (SJL)

  4. A cause worth funding

    CERN Multimedia

    1999-01-01

    Germany is considering giving a fully functioning synchrotron radiation source for use by scientists in the Middle East. It will be the focus of a broader centre for research excellence for scientists from that region and the rest of the world. The proposal however needs substantial funding, potential backers include the EU, the US government as well as states within the Middle East. The issue will be discussed at the World Conference on Science in Budapest (1/2 page).

  5. Pension Fund Governing Board

    CERN Multimedia

    HR Department

    2008-01-01

    Note The CERN pension scheme is based on the principle of defined benefits, so beneficiaries continue to receive the benefits to which they are entitled in accordance with the Rules of the Pension Fund. This means that pension entitlements under the Rules are not directly affected by the financial crisis and the current economic situation. However, the adjustment of pensions to the cost of living is not automatic and, under the method applied since 2006, must take into account the Fund’s financial position. Meeting of the Pension Fund Governing Board The Pension Fund Governing Board held its eighth meeting at ESO in Garching (near Munich), Germany on 24 October 2008. Before starting its work, the Governing Board had the privilege of hearing an opening address by Professor Tim de Zeeuw, the Director General of ESO. Professor de Zeeuw described the mission of ESO and the ambitious projects of his organisation, which performs astronomy observations using telescopes located in Chile. The Director-General receiv...

  6. PENSION FUND - ELECTIONS

    CERN Multimedia

    2000-01-01

    This candidature has been duly registered and is hereby presented in accordance with paragraph 6.h of the Regulations for Elections to the Governing Board of the Pension Fund.   Candidate: Name: MAURIN First Name: Guy I have been a member of the personnel since 1967 and as early as 1972 I was involved, in my capacity as President of the Staff Association, in the improvement of the Pension Fund benefits. As for most of us the Pension Fund is the only social provident scheme to which we belong, it is important to ensure that it is well managed and in balance. As a member of the Governing Board since 1974 and Vice-Chairman of this Board since 1977, I have continued to pursue these objectives. One of the main responsibilities of the Governing Board is our asset investment policy. The Investment Committee, of which I am Chairman, must have an overall view of the management of our 4 billion Swiss francs and seek the best yield with minimum risk. The investment structure must continuously be adapted i...

  7. The satellite situation center

    International Nuclear Information System (INIS)

    Teague, M.J.; Sawyer, D.M.; Vette, J.I.

    1982-01-01

    Considerations related to the early planning for the International Magnetospheric Study (IMS) took into account the desirability of an establishment of specific entities for generating and disseminating coordination information for both retrospective and predictive periods. The organizations established include the IMS/Satellite Situation Center (IMS/SSC) operated by NASA. The activities of the SSC are related to the preparation of reports on predicted and actually achieved satellite positions, the response to inquiries, the compilation of information on satellite experiments, and the issue of periodic status summaries. Attention is given to high-altitude satellite services, other correlative satellite services, non-IMS activities of the SSC, a summary of the SSC request activity, and post-IMS and future activities

  8. Funding Opportunity: Genomic Data Centers

    Science.gov (United States)

    Funding Opportunity CCG, Funding Opportunity Center for Cancer Genomics, CCG, Center for Cancer Genomics, CCG RFA, Center for cancer genomics rfa, genomic data analysis network, genomic data analysis network centers,

  9. Namibia - Vocational Training Grant Fund

    Data.gov (United States)

    Millennium Challenge Corporation — The impact evaluation of the Vocational Training Grant Fund (VTGF) subactivity in Namibia used a random assignment design to determine the effects of VTGF-funded...

  10. Mutual Fund Performances of Polish Domestic Equity Fund Managers

    Directory of Open Access Journals (Sweden)

    ömer faruk tan

    2015-10-01

    Full Text Available Purpose of the article: The main purpose of the paper is empirically evaluating selectivity skills and market timing ability of Polish fund managers during the period from January 2009 to November 2014. After the global financial crisis of 2008, in this period of quantitative easing (QE, thanks to an increase in the money supply, a capital flow from developed countries to developing countries was observed. In this study, we try to analyse that although the financial market in Poland made an incredible progress, whether fund managers show better or worse performance than the market. Methodology/Methods: In order to evaluate fund manager performances, Jensen alpha (1968 is computed, which depicts selectivity skills of fund managers. For determining market timing ability of fund managers, Treynor & Mazuy (1966 regression analysis and Henriksson & Merton (1981 regression analysis are applied. Fund performances are evaluated using Warsaw Stock Exchange Index as the benchmark index. Scientific aim: In this study, we have tried to evaluate selectivity skills and market timing ability of Polish fund managers. A total of 14 equity fund managers’ performances are analysed. The study can be guiding especially for investors who are interested in Polish equity fund performances in a period where emerging stock markets outperformed with quantitative easing. Findings: Jensen (1968 alphas indicate that over this period fund managers did not have selective ability, as none of the 14 funds had statistically significant positive alphas. Furthermore, Treynor & Mazuy (1966 and Henriksson & Merton (1981 regression analysis indicate that over the same period fund managers did not also have market timing ability, as again none of the 14 funds had statistically significant positive coefficients. Conclusions: In this work, we can detect that in the era of quantitative easing, although the financial market in Poland made an incredible progress, the fund returns were

  11. Decommissioning funding: ethics, implementation, uncertainties

    International Nuclear Information System (INIS)

    2006-01-01

    This status report on Decommissioning Funding: Ethics, Implementation, Uncertainties also draws on the experience of the NEA Working Party on Decommissioning and Dismantling (WPDD). The report offers, in a concise form, an overview of relevant considerations on decommissioning funding mechanisms with regard to ethics, implementation and uncertainties. Underlying ethical principles found in international agreements are identified, and factors influencing the accumulation and management of funds for decommissioning nuclear facilities are discussed together with the main sources of uncertainties of funding systems. (authors)

  12. Investible benchmarks & hedge fund liquidity

    OpenAIRE

    Freed, Marc S; McMillan, Ben

    2011-01-01

    A lack of commonly accepted benchmarks for hedge fund performance has permitted hedge fund managers to attribute to skill returns that may actually accrue from market risk factors and illiquidity. Recent innovations in hedge fund replication permits us to estimate the extent of this misattribution. Using an option-based model, we find evidence that the value of liquidity options that investors implicitly grant managers when they invest may account for part or even all hedge fund returns. C...

  13. New satellite altimetry products for coastal oceans

    Science.gov (United States)

    Dufau, Claire; Mercier, F.; Ablain, M.; Dibarboure, G.; Carrere, L.; Labroue, S.; Obligis, E.; Sicard, P.; Thibaut, P.; Birol, F.; Bronner, E.; Lombard, A.; Picot, N.

    Since the launch of Topex-Poseidon in 1992, satellite altimetry has become one of the most essential elements of the Earth's observing system. Its global view of the ocean state has permitted numerous improvements in the environment understanding, particularly in the global monitoring of climate changes and ocean circulation. Near the coastlines where human activities have a major impact on the ocean, satellite altimeter techniques are unfortunately limited by a growth of their error budget. This quality loss is due to land contamination in the altimetric and radiometric footprints but also to inaccurate geophysical corrections (tides, high-frequency processes linked to atmospheric forcing).Despite instrumental perturbations by emerged lands until 10 km (altimeter) and 50 km (radiometer) off the coasts, measurements are made and may contain useful information for coastal studies. In order to recover these data close to the coast, the French Spatial Agency (CNES) has funded the development of the PISTACH prototype dedicated to Jason-2 altimeter processing in coastal ocean. Since November 2008, these new satellite altimeter products have been providing new retracking solutions, several state-of-the-art or with higher resolution corrections in addition to standard fields. This presentation will present and illustrate this new set of satellite data for the coastal oceans.

  14. Bitter Sweetness For Fund Managers

    Institute of Scientific and Technical Information of China (English)

    2007-01-01

    An influx of small investors eager to earn money puts heavy pressure on fund managers Fund managers control millions in capital and call the shots in the stock market. They can make a fortune from a single judgment. The debut of fund management operation

  15. The Funding of Virtual Universities

    Science.gov (United States)

    Poulin, Russell; Michelau, Demaree K.

    2009-01-01

    This article reviews categorization models and the outcomes of a virtual university funding survey. Although categorization of types of funding mechanisms is a necessary analytical tool, it often hides the many and varied political decisions that created them. In commenting on the implications of the type of funding model, political forces behind…

  16. Performance-Based Funding Brief

    Science.gov (United States)

    Washington Higher Education Coordinating Board, 2011

    2011-01-01

    A number of states have made progress in implementing performance-based funding (PFB) and accountability. This policy brief summarizes main features of performance-based funding systems in three states: Tennessee, Ohio, and Indiana. The brief also identifies key issues that states considering performance-based funding must address, as well as…

  17. Solar power satellite - A geostationary channel tunnel

    Energy Technology Data Exchange (ETDEWEB)

    Bulloch, C

    1981-12-01

    The concept-development status of solar power satellite (SPS) systems is considered, with attention to Heavy-Lift Launch Vehicles (HLLVs), the construction methods to be used in either geostationary or low earth orbit, and the configuration of the solar array. By comparison with the 30-ton payload of the Space Shuttle, HLLV designs under consideration have payloads of 114 to 425 tons. The unit cost for 5-GW satellites, in 1977 dollars, is estimated at five billion dollars. Consideration is given to the possible deleterious environmental effects of both the 400 or more launches required for each SPS and such results of radio frequency energy transfer beam operation as the suppression of blood platelet production in human beings and ionospheric heating. The uncertainty that still surrounds the relative advantages of competing designs and the need for long-range, billion-dollar funding appear to be insuperable obstacles to the construction of SPSs.

  18. Northern Everglades, Florida, satellite image map

    Science.gov (United States)

    Thomas, Jean-Claude; Jones, John W.

    2002-01-01

    These satellite image maps are one product of the USGS Land Characteristics from Remote Sensing project, funded through the USGS Place-Based Studies Program with support from the Everglades National Park. The objective of this project is to develop and apply innovative remote sensing and geographic information system techniques to map the distribution of vegetation, vegetation characteristics, and related hydrologic variables through space and over time. The mapping and description of vegetation characteristics and their variations are necessary to accurately simulate surface hydrology and other surface processes in South Florida and to monitor land surface changes. As part of this research, data from many airborne and satellite imaging systems have been georeferenced and processed to facilitate data fusion and analysis. These image maps were created using image fusion techniques developed as part of this project.

  19. South Florida Everglades: satellite image map

    Science.gov (United States)

    Jones, John W.; Thomas, Jean-Claude; Desmond, G.B.

    2001-01-01

    These satellite image maps are one product of the USGS Land Characteristics from Remote Sensing project, funded through the USGS Place-Based Studies Program (http://access.usgs.gov/) with support from the Everglades National Park (http://www.nps.gov/ever/). The objective of this project is to develop and apply innovative remote sensing and geographic information system techniques to map the distribution of vegetation, vegetation characteristics, and related hydrologic variables through space and over time. The mapping and description of vegetation characteristics and their variations are necessary to accurately simulate surface hydrology and other surface processes in South Florida and to monitor land surface changes. As part of this research, data from many airborne and satellite imaging systems have been georeferenced and processed to facilitate data fusion and analysis. These image maps were created using image fusion techniques developed as part of this project.

  20. Kajian Yuridis terhadap S.E Dirjen Pajak No. 3 / P.J / 2011 tentang Pajak Penghasilan Atas Penghasilan Berupa Royalti dan Perbelakuan Pajak Pertambahan Nilai Atas Pemasukan Film Impor di Indonesia

    Directory of Open Access Journals (Sweden)

    Gusminarti Gusminarti

    2012-04-01

    Juridical Study Towards the Circular of General Directorate of Taxation Department No. 3P.J/2011 regarding Income Tax of The Royalty Income and The Aplication of Additional Tax Value of Imported Film in Indonesia

  1. Probability of satellite collision

    Science.gov (United States)

    Mccarter, J. W.

    1972-01-01

    A method is presented for computing the probability of a collision between a particular artificial earth satellite and any one of the total population of earth satellites. The collision hazard incurred by the proposed modular Space Station is assessed using the technique presented. The results of a parametric study to determine what type of satellite orbits produce the greatest contribution to the total collision probability are presented. Collision probability for the Space Station is given as a function of Space Station altitude and inclination. Collision probability was also parameterized over miss distance and mission duration.

  2. The German joint research project "concepts for future gravity satellite missions"

    Science.gov (United States)

    Reubelt, Tilo; Sneeuw, Nico; Fichter, Walter; Müller, Jürgen

    2010-05-01

    Within the German joint research project "concepts for future gravity satellite missions", funded by the Geotechnologies programme of the German Federal Ministry of Education and Research, options and concepts for future satellite missions for precise (time-variable) gravity field recovery are investigated. The project team is composed of members from science and industry, bringing together experts in geodesy, satellite systems, metrology, sensor technology and control systems. The majority of team members already contributed to former gravity missions. The composition of the team guarantees that not only geodetic aspects and objectives are investigated, but also technological and financial constraints are considered. Conversely, satellite, sensor and system concepts are developed and improved in a direct exchange with geodetic and scientific claims. The project aims to develop concepts for both near and mid-term future satellite missions, taking into account e.g. advanced satellite formations and constellations, improved orbit design, innovative metrology and sensor systems and advances in satellite systems.

  3. Public Funding of Political Parties

    DEFF Research Database (Denmark)

    Ortuno-Ortin, Ignacio; Schultz, Christian

    This paper concerns public funding of parties. Parteis receive public funds depending on their vote share. Funds finance electoral campaigns. Two cases are investigated. In the first, some voters are policy motivated and some are ?impressionable? ? their vote depends directly on campaign...... expenditures. In the second, campaigning is informative and all voters are policy motivated. Public funds increase policy convergence in both cases. The effect is larger, the more funding depends on vote shares. When campaigns are informative, there may be multiple euqilibria. Intuitively, a large party can...

  4. Optimal distribution of science funding

    Science.gov (United States)

    Huang, Ding-wei

    2018-07-01

    We propose a new model to investigate the theoretical implications of a novel funding system. We introduce new parameters to model the accumulated advantage. We assume that all scientists are equal and follow the same regulations. The model presents three distinct regimes. In regime (I), the fluidity of funding is significant. The funding distribution is continuous. The concentration of funding is effectively suppressed. In both regimes (II) and (III), a small group of scientists emerges as a circle of elites. Large funding is acquired by a small number of scientists.

  5. Evolução dos indicadores de desenvolvimento socioeconômico nos municípios paranaenses que recebem royalties da Itaipu Binacional

    Directory of Open Access Journals (Sweden)

    Cleiton Mateus Schlindwein

    2014-09-01

    Full Text Available O objetivo deste trabalho é verificar alguns dos aspectos das desigualdades socioeconômicas nos municípios lindeiros do Oeste Paranaense, entre 2000 e 2009. A questão que se aborda é se o indicador de desenvolvimento desses municípios está aumentando em detrimento dos royalties recebidos. Para tanto, criou-se um Índice de Desenvolvimento Socioeconômico (IDS, por meio da análise multivariada, pelo método dos componentes principais. Os resultados encontrados refutam a hipótese de que o indicador de desenvolvimento dos municípios lindeiros é condizente com a arrecadação dos royalties, isto é, refutou-se a ideia de que quanto maior a arrecadação dos royalties, maior o IDS dos municípios. Com exceção de Itaipulândia, todos os municípios apresentaram aumento absoluto do IDS, tomando-se os extremos dos anos (2000 e 2009 para análise. Quando analisada a taxa geométrica de crescimento do IDS desses municípios, todos apresentaram taxas positivas. Isso significa que os indicadores de desenvolvimento dos municípios aumentaram no decorrer dos anos, melhorando a qualidade de vida dos munícipes. Contudo, a taxa geométrica de crescimento dos royalties (-7,8 a.a. mostrou que, no decorrer dos anos, os municípios vêm recebendo valores reais menores. Além disso, a correlação entre o IDS e a arrecadação dos royalties mostrou que todos os municípios apresentaram correlação negativa, ou seja, o aumento (ou baixa dos valores do IDS está correlacionado com a redução (ou alta dos valores dos royalties.

  6. Handbook of satellite applications

    CERN Document Server

    Madry, Scott; Camacho-Lara, Sergio

    2013-01-01

    Top space experts from around the world have collaborated to produce this comprehensive, authoritative, and clearly illustrated reference guide to the fast growing, multi-billion dollar field of satellite applications and space communications. This handbook, done under the auspices of the International Space University based in France, addresses not only system technologies but also examines market dynamics, technical standards and regulatory constraints. The handbook is a completely multi-disciplinary reference book that covers, in an in-depth fashion, the fields of satellite telecommunications, Earth observation, remote sensing, satellite navigation, geographical information systems, and geosynchronous meteorological systems. It covers current practices and designs as well as advanced concepts and future systems. It provides a comparative analysis of the common technologies and design elements for satellite application bus structures, thermal controls, power systems, stabilization techniques, telemetry, com...

  7. Domestic Communication Satellites

    Science.gov (United States)

    Horowitz, Andrew

    1974-01-01

    A discussion of the Federal Communications Commission's new policy on domestic satellites in light of our 1) military and economic history; 2) corporate interests; 3) citizen surveillance; and 4) media control. (HB)

  8. SATELLITE CONSTELLATION DESIGN PARAMETER

    Indian Academy of Sciences (India)

    First page Back Continue Last page Overview Graphics. SATELLITE CONSTELLATION DESIGN PARAMETER. 1. ORBIT CHARACTERISTICS. ORBITAL HEIGHT >= 20,000 KM. LONGER VISIBILITY; ORBITAL PERIOD. PERTURBATIONS(MINIMUM). SOLAR RADIATION PRESSURE (IMPACTS ECCENTRICITY); LUNI ...

  9. Library Services Funding Assessment

    Science.gov (United States)

    Lorig, Jonathan A.

    2004-01-01

    The Glenn Technical Library is a science and engineering library that primarily supports research activities at the Glenn Research Center, and provides selected services to researchers at all of the NASA research centers. Resources available in the library include books, journals, CD-ROMs, and access to various online sources, as well as live reference and inter-library loan services. The collection contains over 77,000 books, 800,000 research reports, and print or online access to over 1,400 journals. Currently the library operates within the Logistics and Technical Information Division, and is funded as an open-access resource within the GRC. Some of the research units at the GRC have recently requested that the library convert to a "pay-for-services" model, in which individual research units could fund only those journal subscriptions for which they have a specific need. Under this model, the library would always maintain a certain minimum level of pooled-expense services, including the ready reference and book collections, and inter-library loan services. Theoretically the "pay-for-services" model would encourage efficient financial allocation, and minimize the extent to which paid journal subscriptions go unused. However, this model also could potentially negate the benefits of group purchases for journal subscriptions and access. All of the major journal publishers offer package subscriptions that compare favorably in cost with the sum of individual subscription costs for a similar selection of titles. Furthermore, some of these subscription packages are "consortium" purchases that are funded collectively by the libraries at multiple NASA research centers; such consortia1 memberships would be difficult for the library to pay, if enough GRC research units were to withdraw their pooled contributions. cost of collectively-funded journal access with the cost of individual subscriptions. My primary task this summer is to create the cost dataset framework, and

  10. Funding of Geosciences: Coordinating National and International Resources

    Science.gov (United States)

    Bye, B.; Fontaine, K. S.

    2012-12-01

    Funding is an important element of national as well as international policy for Earth observations. The Group on Earth Observations (GEO) is coordinating efforts to build a Global Earth Observation System of Systems, or GEOSS. The lack of dedicated funding to support specific S&T activities in support of GEOSS is one of the most important obstacles to engaging the S&T communities in its implementation. This problem can be addressed by establishing explicit linkages between research and development programmes funded by GEO Members and Participating Organizations and GEOSS. In appropriate funding programs, these links may take the form of requiring explanations of how projects to be funded will interface with GEOSS and ensuring that demonstrating significant relevance for GEOSS is viewed as an asset of these proposals, requiring registration of Earth observing systems developed in these projects, or stipulating that data and products must adhere to the GEOSS Data Sharing Principles. Examples of Earth observations include: - Measurements from ground-based, in situ monitors; - Observations from Earth satellites; - Products and predictive capabilities from Earth system models, often using the capabilities of high-performance computers; - Scientific knowledge about the Earth system; and, - Data visualization techniques. These examples of Earth observations activities requires different types of resources, R&D top-down, bottom-up funding and programs of various sizes. Where innovation and infrastructure are involved different kind of resources are better suited, for developing countries completely other sources of funding are applicable etc. The European Commission funded Egida project is coordinating the development of a funding mechanism based on current national and international funding instruments such as the European ERANet, the new Joint Programming Initiatives, ESFRI as well as other European and non-European instruments. A general introduction to various

  11. 37 CFR 360.11 - Time of filing.

    Science.gov (United States)

    2010-07-01

    ... OF ROYALTY CLAIMS FILING OF CLAIMS TO ROYALTY FEES COLLECTED UNDER COMPULSORY LICENSE Satellite... compulsory license royalty fees for secondary transmissions by satellite carriers during the previous... Copyright Royalty Board. No royalty fees shall be distributed to any party during the specified period...

  12. Net Stable Funding Ratio: Impact on Funding Value Adjustment

    OpenAIRE

    Siadat, Medya; Hammarlid, Ola

    2017-01-01

    In this paper we investigate the relationship between Funding Value Adjustment (FVA) and Net Stable Funding Ratio (NSFR). FVA is defined in a consistent way with NSFR such that the new framework of FVA monitors the costs due to keeping NSFR at an acceptable level, as well. In addition, the problem of choosing the optimal funding strategy is formulated as a shortest path problem where the proposed FVA framework is applied in the optimization process. The solution provides us with the optimal f...

  13. Risk analytics for hedge funds

    Science.gov (United States)

    Pareek, Ankur

    2005-05-01

    The rapid growth of the hedge fund industry presents significant business opportunity for the institutional investors particularly in the form of portfolio diversification. To facilitate this, there is a need to develop a new set of risk analytics for investments consisting of hedge funds, with the ultimate aim to create transparency in risk measurement without compromising the proprietary investment strategies of hedge funds. As well documented in the literature, use of dynamic options like strategies by most of the hedge funds make their returns highly non-normal with fat tails and high kurtosis, thus rendering Value at Risk (VaR) and other mean-variance analysis methods unsuitable for hedge fund risk quantification. This paper looks at some unique concerns for hedge fund risk management and will particularly concentrate on two approaches from physical world to model the non-linearities and dynamic correlations in hedge fund portfolio returns: Self Organizing Criticality (SOC) and Random Matrix Theory (RMT).Random Matrix Theory analyzes correlation matrix between different hedge fund styles and filters random noise from genuine correlations arising from interactions within the system. As seen in the results of portfolio risk analysis, it leads to a better portfolio risk forecastability and thus to optimum allocation of resources to different hedge fund styles. The results also prove the efficacy of self-organized criticality and implied portfolio correlation as a tool for risk management and style selection for portfolios of hedge funds, being particularly effective during non-linear market crashes.

  14. Satellite Communications for ATM

    Science.gov (United States)

    Shamma, Mohammed A.

    2003-01-01

    This presentation is an overview on Satellite Communication for the Aeronautical Telecommunication Management (ATM) research. Satellite Communications are being considered by the FAA and NASA as a possible alternative to the present and future ground systems supporting Air Traffic Communications. The international Civil Aviation Organization (ICAO) have in place Standards and Recommended Practices (SARPS) for the Aeronautical Mobile Satellite Services (AMSS) which is mainly derived from the pre-existing Inmarsat service that has been in service since the 1980s. The Working Group A of the Aeronautical Mobile Communication Panel of ICAO has also been investigating SARPS for what is called the Next Generation Satellite Service (NGSS) which conforms less to the Inmarsat based architecture and explores wider options in terms of satellite architectures. Several designs are being proposed by Firms such as Boeing, ESA, NASA that are geared toward full or secondary usage of satellite communications for ATM. Satellite communications for ATM can serve several purposes ranging from primary usage where ground services would play a minimal backup role, to an integrated solution where it will be used to cover services, or areas that are less likely to be supported by the proposed and existing ground infrastructure. Such Integrated roles can include usage of satellite communications for oceanic and remote land areas for example. It also can include relieving the capacity of the ground network by providing broadcast based services of Traffic Information Services messages (TIS-B), or Flight Information Services (FIS-B) which can take a significant portion of the ground system capacity. Additionally, satellite communication can play a backup role to support any needs for ground replacement, or additional needed capacity even after the new digital systems are in place. The additional bandwidth that can be provided via satellite communications can also open the door for many new

  15. Fund Raising for Haiti

    CERN Multimedia

    Association du personnel

    2010-01-01

    Dear Colleagues, Following the devastating earthquake that hit Haiti on 12 January 2010, the CERN Management and the Staff Association are organizing a collection to help the victims. The money collected will be transferred to associations or bodies guaranteeing proper use of the funds, such as the Association Haïti Ecoles based in Cessy, which our Long Term Collections supported for several years. From today you can pay your donations into a special UBS account, indicating “Séisme Haïti” as the reason for payment . SWIFT : UBSWCHZH12B IBAN : CH85 0027 9279 HU10 6832 1 Account Holder : Association du personnel du CERN We are counting on the generosity of the CERN community to support the Haitian people at this very difficult time. Thank you on their behalf. Rolf Heuer Director-General Gianni Deroma President of the Staff Association

  16. Nuclear Waste Fund management

    International Nuclear Information System (INIS)

    Hobart, L.

    1984-01-01

    The Nuclear Waste Fund involves a number of features which make it a unique federal program. Its primary purpose is to finance one of the largest and most controversial public works programs in the history of the United States. Despite the program's indicated size and advance publicity, no one knows exactly where the anticipated projects will be built, who will construct them, what they will look like when they are done or how they will be operated and by whom. Implimentation of this effort, if statutory targets are actually met, covers a 16-year period. To cover the costs of the program, the Federal Government will tax nuclear power at the rate of 1 mil per kilowatt hour generated. This makes it one of the biggest and longest-lived examples of advance collections for construction work in progress in the history of the United States. While the Department of Energy is authorized to collect funds for the program the Nuclear Regulatory Commission has the authority to cut off this revenue stream by the shutdown of particular reactors or particular reactor types. If all goes well, the Federal Government will begin receiving spent nuclear fuel by 1998, continuing to assess a fee which will cover operating and maintenance costs. If all does not go well, the Federal Government and/or utilities will have to take other steps to solve the problem of permanent disposal. Should the latter circumstance prevail, presumably not only used to date but the $7.5 billion would be spent. The Nuclear Waste Policy Act of 1982, contains no clear provision for utility refunds in that case

  17. Managerial multitasking in the mutual fund industry

    OpenAIRE

    Agarwal, Vikas; Ma, Linlin; Mullally, Kevin

    2015-01-01

    We examine the determinants and consequences of mutual fund managers simultaneously managing multiple funds. Well-performing managers multitask by taking over poorly performing funds or launching new funds. Subsequent to multitasking, funds run by managers prior to multitasking (i.e., incumbent funds) experience performance deterioration while the performance of the acquired funds improves. Multitasking increases the assets of fund companies but results in a wealth transfer from shareholders ...

  18. Correlação das Variáveis Socioeconômicas e Ambientais com royalties Petrolíferos e CFEM Municipais

    Directory of Open Access Journals (Sweden)

    Liniker Fernandes da Silva

    2017-09-01

    Full Text Available RESUMO O objetivo deste trabalho foi verificar a correlação entre variáveis ambientais, econômicas e sociais e os royalties arrecadados nos principais municípios produtores de petróleo e minério. Os dados discriminados por cidade, entre os anos de 2004 e 2010, foram a receita total das prefeituras, os investimentos em saneamento e gestão ambiental, o número de habitantes por município e o Índice FIRJAM de desenvolvimento municipal. Para verificar o relacionamento entre as variáveis utilizou-se a Análise de Componentes Principais. Os resultados mostraram que a maior arrecadação dos royalties, sejam do petróleo ou mineração, não tem como consequência direta maior desenvolvimento social ou ambiental. O que pode justificar tais resultados é a ausência de um dispositivo jurídico que condicione a aplicação dos recursos arrecadados às áreas em questão. Dessa forma, conclui-se que os possíveis impactos ambientais e sociais da exploração desses recursos não renováveis não estão sendo recompensados pelos royalties.

  19. Satellite failures revisited

    Science.gov (United States)

    Balcerak, Ernie

    2012-12-01

    In January 1994, the two geostationary satellites known as Anik-E1 and Anik-E2, operated by Telesat Canada, failed one after the other within 9 hours, leaving many northern Canadian communities without television and data services. The outage, which shut down much of the country's broadcast television for hours and cost Telesat Canada more than $15 million, generated significant media attention. Lam et al. used publicly available records to revisit the event; they looked at failure details, media coverage, recovery effort, and cost. They also used satellite and ground data to determine the precise causes of those satellite failures. The researchers traced the entire space weather event from conditions on the Sun through the interplanetary medium to the particle environment in geostationary orbit.

  20. ESA's satellite communications programme

    Science.gov (United States)

    Bartholome, P.

    1985-02-01

    The developmental history, current status, and future plans of the ESA satellite-communications programs are discussed in a general survey and illustrated with network diagrams and maps. Consideration is given to the parallel development of national and European direct-broadcast systems and telecommunications networks, the position of the European space and electronics industries in the growing world market, the impact of technological improvements (both in satellite systems and in ground-based networks), and the technological and commercial advantages of integrated space-terrestrial networks. The needs for a European definition of the precise national and international roles of satellite communications, for maximum speed in implementing such decisions (before the technology becomes obsolete), and for increased cooperation and standardization to assure European equipment manufacturers a reasonable share of the market are stressed.

  1. Solar Power Satellites

    CERN Document Server

    Flournoy, Don M

    2012-01-01

    Communication satellites are a $144 billion industry. Is there any space-based industry that could possibly beat that market? 'Solar Power Satellites' shows why and how the space satellite industry will soon begin expanding its market from relaying signals to Earth to generating energy in space and delivering it to the ground as electricity. In all industrialized nations, energy demand is growing exponentially. In the developing world, the need for energy is as basic as food and water. The Sun's energy is available everywhere, and it is non-polluting. As business plans demonstrate its technical feasibility, commercial potential, and environmental acceptability, every country on Earth will look to space for the power it needs.

  2. Geostationary satellites collocation

    CERN Document Server

    Li, Hengnian

    2014-01-01

    Geostationary Satellites Collocation aims to find solutions for deploying a safe and reliable collocation control. Focusing on the orbital perturbation analysis, the mathematical foundations for orbit and control of the geostationary satellite are summarized. The mathematical and physical principle of orbital maneuver and collocation strategies for multi geostationary satellites sharing with the same dead band is also stressed. Moreover, the book presents some applications using the above algorithms and mathematical models to help readers master the corrective method for planning station keeping maneuvers. Engineers and scientists in the fields of aerospace technology and space science can benefit from this book. Hengnian Li is the Deputy Director of State Key Laboratory of Astronautic Dynamics, China.

  3. KT Fund: Five years of funding for impact

    CERN Multimedia

    CERN Bulletin

    2015-01-01

    Cryogenic safety, ion beam therapy, event management for communities, emergency lighting… this year’s applications for funding through the Knowledge Transfer Fund demonstrate the breadth of possible applications of CERN technology beyond high-energy physics.     The use of high index glass spherical targets as retroreflectors for a 3D interferometer is the subject of one of the 2015 KT Fund Projects.   Following the 2015 selection committee held in January, the KT Fund has funded a total of seven new projects that aim to further develop CERN technologies to a level where they can be transferred and subsequently make a positive impact on society. “CERN’s ambitious scientific programme requires state-of-the-art technologies that are not always directly reusable by society because they were not designed with this purpose in mind,” explains David Mazur, Section Leader of the IP Dissemination Section. “Since 2011, the KT...

  4. Exobiology of icy satellites

    Science.gov (United States)

    Simakov, M. B.

    At the beginning of 2004 the total number of discovered planets near other stars was 119 All of them are massive giants and met practically in all orbits In a habitable zone from 0 8 up to 1 1 AU at less 11 planets has been found starting with HD 134987 and up to HD 4203 It would be naive to suppose existence of life in unique known to us amino-nucleic acid form on the gas-liquid giant planets Nevertheless conditions for onset and evolutions of life can be realized on hypothetical satellites extrasolar planets All giant planets of the Solar system have a big number of satellites 61 of Jupiter 52 of Saturn known in 2003 A small part of them consist very large bodies quite comparable to planets of terrestrial type but including very significant share of water ice Some from them have an atmosphere E g the mass of a column of the Titan s atmosphere exceeds 15 times the mass of the Earth atmosphere column Formation or capture of satellites is a natural phenomenon and satellite systems definitely should exist at extrasolar planets A hypothetical satellite of the planet HD 28185 with a dense enough atmosphere and hydrosphere could have biosphere of terrestrial type within the limits of our notion about an origin of terrestrial biosphere As an example we can see on Titan the largest satellite of Saturn which has a dense nitrogen atmosphere and a large quantity of liquid water under ice cover and so has a great exobiological significance The most recent models of the Titan s interior lead to the conclusion that a substantial liquid layer

  5. Status of funded actions

    International Nuclear Information System (INIS)

    2004-01-01

    The GEDEPEON workshop is organised to review the GEDEPEON research actions, which have been funded in 2003. Presentations are made by research teams actively involved in GEDEPEON research areas. Speakers were invited to show how the presented research data are related to the general goals of transmutation, for which 2006 is an important milestone, and innovative systems. document gathers the slides of 9 presentations among the 19 given at this workshop: 1 - nuclear and physical data: the TRADE experiment (Steckmeyer J.C.); actinides incineration - Mini-Inca (Chabod S.); NTOF: measurement of capture cross-sections (Gunsing F.); 2 - systems: analysis of uncertainties and sensitivity factors of nuclear data in molten salt reactor concepts (Mastrangelo V.); 3 - targets and corrosion: diffusion-controlled intergranular penetration and embrittlement of metals by liquid bismuth (Wolski K.), behaviour of T91 steel under cyclic loading in the liquid Pb-Bi alloy (Verleene A.); 4 - materials for future systems: helium impurities corrosion resistance of high temperature resistant materials for gas-cooled reactors (Cabet, C.); 5 - accelerators: Spoke cavities R and D and their role in the driver of an accelerator-driven system (ADS) (Junquera T.); 6 - Gedeon-Gedepeon 2001-2004 synthesis: spallation and nuclear data (Tassan-Got L., Barreau G. and Leray S.). (J.S.)

  6. Funding stalls ARETS work

    International Nuclear Information System (INIS)

    Anon.

    1997-01-01

    The current status of the Lethbridge Alberta Renewable Energy Test Site (ARETS) was described, following the Alberta Energy Department's failure to respond to the funding application of the Test Site. This forced the facility to be inactive for its 1997 field season. The site was established in 1982 to evaluate and demonstrate wind turbines for water pumping. It now includes solar and deep well pumping systems, and also wind-powered aeration. Up to now the site has been jointly financed by Alberta Energy and Natural Resources Canada. Both departments wanted ARETS to put more emphasis on research and development and on helping manufacturers commercialize their ideas. Despite the inactivity during the 1997 field season, one small project managed to continue, i.e., the wind project involving testing the new Delta Junior water-pumper by Dutch Industries. The Centre will also be working on a new submersible pump and DC motor system. For long-term survival, the Centre needs the support of its major financial backers. 1 fig

  7. Satellite Contamination and Materials Outgassing Knowledge base

    Science.gov (United States)

    Minor, Jody L.; Kauffman, William J. (Technical Monitor)

    2001-01-01

    Satellite contamination continues to be a design problem that engineers must take into account when developing new satellites. To help with this issue, NASA's Space Environments and Effects (SEE) Program funded the development of the Satellite Contamination and Materials Outgassing Knowledge base. This engineering tool brings together in one location information about the outgassing properties of aerospace materials based upon ground-testing data, the effects of outgassing that has been observed during flight and measurements of the contamination environment by on-orbit instruments. The knowledge base contains information using the ASTM Standard E- 1559 and also consolidates data from missions using quartz-crystal microbalances (QCM's). The data contained in the knowledge base was shared with NASA by government agencies and industry in the US and international space agencies as well. The term 'knowledgebase' was used because so much information and capability was brought together in one comprehensive engineering design tool. It is the SEE Program's intent to continually add additional material contamination data as it becomes available - creating a dynamic tool whose value to the user is ever increasing. The SEE Program firmly believes that NASA, and ultimately the entire contamination user community, will greatly benefit from this new engineering tool and highly encourages the community to not only use the tool but add data to it as well.

  8. GPS satellite surveying

    CERN Document Server

    Leick, Alfred; Tatarnikov, Dmitry

    2015-01-01

    THE MOST COMPREHENSIVE, UP-TO-DATE GUIDE ON GPS TECHNOLOGY FOR SURVEYING Three previous editions have established GPS Satellite Surveying as the definitive industry reference. Now fully updated and expanded to reflect the newest developments in the field, this Fourth Edition features cutting-edge information on GNSS antennas, precise point positioning, real-time relative positioning, lattice reduction, and much more. Expert authors examine additional tools and applications, offering complete coverage of geodetic surveying using satellite technologies. The past decade has seen a major evolut

  9. The Italian contribution to the CSES satellite

    Science.gov (United States)

    Conti, Livio

    2016-04-01

    We present the Italian contribution to the CSES (China Seismo-Electromagnetic Satellite) mission. The CSES satellite aims at investigating electromagnetic field, plasma and particles in the near-Earth environment in order to study in particular seismic precursors, particles fluxes (from Van Allen belts, cosmic rays, solar wind, etc.), anthropogenic electromagnetic pollution and more in general the atmosphere-ionosphere-magnetosphere coupling mechanisms that can affect the climate changes. The launch of CSES - the first of a series of several satellite missions - is scheduled by the end of 2016. The CSES satellite has been financed by the CNSA (China National Space Agency) and developed by CEA (China Earthquake Administration) together with several Chinese research institutes and private companies such as the DFH (that has developed the CAST2000 satellite platform). Italy participates to the CSES satellite mission with the LIMADOU project funded by ASI (Italian Space Agency) in collaboration with the Universities of Roma Tor Vergata, Uninettuno, Trento, Bologna and Perugia, as well as the INFN (Italian National Institute of Nuclear Physics), INGV (Italian National Institute of Geophysics and Volcanology) and INAF-IAPS (Italian National Institute of Astrophysics and Planetology). Many analyses have shown that satellite observations of electromagnetic fields, plasma parameters and particle fluxes in low Earth orbit may be useful in order to study the existence of electromagnetic emissions associated with the occurrence of earthquakes of medium and high magnitude. Although the earthquakes forecasting is not possible today, it is certainly a major challenge - and perhaps even a duty - for science in the near future. The claims that the reported anomalies (of electromagnetic, plasma and particle parameters) are seismic precursors are still intensely debated and analyses for confirming claimed correlations are still lacking. In fact, ionospheric currents, plasma

  10. Digging Deep for the Heritage Fund: Why the Right Fund for Alberta Pays Dividends Long After Oil Is Gone

    Directory of Open Access Journals (Sweden)

    Ton van den Bremer

    2014-10-01

    Full Text Available Albertans have long been aware that while their provincial government has shown a lack of consistent discipline in investing oil royalty revenues in the Alberta Heritage Savings Trust Fund, the Norwegians have been showing oil-rich jurisdictions just how effectively saving can be done. While Alberta’s fund was established in the mid-1970s, more than a decade before Norway began its national savings program, the Norwegian fund was worth more than $900 billion as of the beginning of 2014; Alberta’s is worth roughly $15 billion today, revealing the province’s inability to stick with firm, routine contribution commitments, and its occasional habit of using the fund’s earnings to cover spending priorities. But while many economists, politicians and pundits from both the left and right have long pointed to Norway as the model for Alberta to follow, it would in fact be wrong for Alberta to mimic Norway’s strategy. Indeed, the right plan for Alberta can set the province up in better shape for the future than even Norway will be. The Norway approach will inevitably prove unsustainable. As it is, Norway deposits all resource revenue into its fund, which then distributes a dividend to the government every year worth four per cent of the fund’s wealth. As the fund grows, so to does the size of the dividend. Yet, as wealth is converted from belowground assets (oil to aboveground assets (cash and investments, the belowground wealth becomes gradually but inevitably depleted. At some point, all of Norway’s oil wealth will have been converted into aboveground assets, and the dividend will eventually have to be adjusted downward. A more sustainable approach, and one that Alberta should pursue, is one where the dividend is a falling proportion of fund assets. In other words, the province will want to calculate an appropriate dividend that is a fraction not just of the size of the financial fund (aboveground, but a constant fraction of total wealth

  11. Drug Revolving Fund-Based

    African Journals Online (AJOL)

    Background: The Drug Revolving Fund (DRF) was instituted in 1996 in Oyo State to ensure sustainable drug availability at primary health care level with a seed stock of drugs supplied by the Petroleum Trust Fund. This was discontinued in 1999 and replaced in January 2000, with free health service, which involves ...

  12. Adequacy Model for School Funding

    Science.gov (United States)

    Banicki, Guy; Murphy, Gregg

    2014-01-01

    This study considers the effectiveness of the Evidence-Based Adequacy model of school funding. In looking at the Evidence-Based Adequacy model for school funding, one researcher has been centrally associated with the development and study of this model. Allen Odden is currently a professor in the Department of Educational Leadership and Policy…

  13. The Chinese FY-1 Meteorological Satellite Application in Observation on Oceanic Environment

    Science.gov (United States)

    Weimin, S.

    meteorological satellite is stated in this paper. exploration of the ocean resources has been a very important question of global strategy in the world. The exploration of the ocean resources includes following items: Making full use of oceanic resources and space, protecting oceanic environment. to observe the ocean is by using of satellite. In 1978, US successfully launched the first ocean observation satellite in the world --- Sea Satellite. It develops ancient oceanography in to advanced space-oceanography. FY-1 B and FY- IC respectively. High quality data were acquired at home and abroad. FY-1 is Chinese meteorological satellite, but with 0.43 ~ 0.48 μm ,0.48 ~ 0.53 μm and 0.53 ~ 0.58 μm three ocean color channels, actually it is a multipurpose remote sensing satellite of meteorology and oceanography. FY-1 satellite's capability of observation on ocean partly, thus the application field is expanded and the value is increased. With the addition of oceanic channels on FY-1, the design of the satellite is changed from the original with meteorological observation as its main purpose into remote sensing satellite possessing capability of observing meteorology and ocean as well. Thus, the social and economic benefit of FY-1 is increased. the social and economic benefit of the development of the satellite is the key technique in the system design of the satellite. technically feasible but also save the funds in researching and manufacturing of the satellite, quicken the tempo of researching and manufacturing satellite. the scanning radiometer for FY-1 is conducted an aviation experiment over Chinese ocean. This experiment was of vital importance to the addition of oceanic observation channel on FY-1. FY-1 oceanic channels design to be correct. detecting ocean color. This is the unique character of Chinese FY-1 meteorological satellite. meteorological remote sensing channel on FY-1 to form detecting capability of three visible channels: red, yellow and blue

  14. The American Satellite Company (ASC) satellite deployed from payload bay

    Science.gov (United States)

    1985-01-01

    The American Satellite Company (ASC) communications satellite is deployed from the payload bay of the Shuttle Discovery. A portion of the cloudy surface of the earth can be seen to the left of the frame.

  15. Decommissioning Funding: Ethics, Implementation, Uncertainties

    International Nuclear Information System (INIS)

    2007-01-01

    This status report on decommissioning funding: ethics, implementation, uncertainties is based on a review of recent literature and materials presented at NEA meetings in 2003 and 2004, and particularly at a topical session organised in November 2004 on funding issues associated with the decommissioning of nuclear power facilities. The report also draws on the experience of the NEA Working Party on Decommissioning and Dismantling (WPDD). This report offers, in a concise form, an overview of relevant considerations on decommissioning funding mechanisms with regard to ethics, implementation and uncertainties. Underlying ethical principles found in international agreements are identified, and factors influencing the accumulation and management of funds for decommissioning nuclear facilities are discussed together with the main sources of uncertainties of funding systems

  16. Funding emergency care: Australian style.

    Science.gov (United States)

    Bell, Anthony; Crilly, Julia; Williams, Ged; Wylie, Kate; Toloo, Ghasem Sam; Burke, John; FitzGerald, Gerry

    2014-08-01

    The ongoing challenge for ED leaders is to remain abreast of system-wide changes that impact on the day-to-day management of their departments. Changes to the funding model creates another layer of complexity and this introductory paper serves as the beginning of a discussion about the way in which EDs are funded and how this can and will impact on business decisions, models of care and resource allocation within Australian EDs. Furthermore it is evident that any funding model today will mature and change with time, and moves are afoot to refine and contextualise ED funding over the medium term. This perspective seeks to provide a basis of understanding for our current and future funding arrangements in Australian EDs. © 2014 Australasian College for Emergency Medicine and Australasian Society for Emergency Medicine.

  17. Funding oil and gas ventures

    International Nuclear Information System (INIS)

    Billingsley, L.T.

    1992-01-01

    This paper is addressed to geologists who must raise external funds for prospect acquisition, exploratory and development drilling, or to a limited extent, production acquisition. In the ranks of independent geologists, external funding is what separates a dreamer with a good idea from a successful oil and gas producer who gets ideas evaluated on a regular basis. The quantity of external funding usually dictates the level of drilling activity for independent geologists and small companies. Companies or individuals with high levels of internal cash flow set budgets to determine their drilling activity. The purpose of this paper is to provide an independent geologist with an overview of raising external funding. The scope is purposely general. The real motivation behind this paper is not to provide a cookbook for selling prospects. Instead, the author hopes to stimulate geologists to become students of salesmanship and thereby increase the effectiveness of their fund

  18. Proposed of a new legal model in the utilization of the resources arising out of royalties by the municipalities; Proposta de um novo modelo legal no trato dos recursos advindos dos royalties por parte dos municipios beneficiados

    Energy Technology Data Exchange (ETDEWEB)

    Dantas, Daniel Ramos; Silveira Neto, Otacilio dos Santos [Universidade Federal do Rio Grande do Norte (UFRN), Natal, RN (Brazil). Programa de Recursos Humanos da ANP em Direito do Petroleo e Gas Natural, PRH-36

    2008-07-01

    The Brazilian model of exploration guarantees to some cities participation in the result of the exploration of the hydro-carbons. Since the distribution of these resources meet the technical criteria, established by law, what we have is that some of these cities receives relevant values. Despite such benefits, the general feeling of the population is that these cities have not been changes, although they have larger budgets. This slice of resources to cities arising from oil exploration, through royalties, through the simplistic view of the population does not guarantee them a better condition of life. Many cities receive large sums and or have considerable budget dependence on these resources. Point paramount in the study is that the management of municipal resources is very precarious. The waste is excessive, the practices of good management are unknown or simply ignored; and dealing with public resources as if they were private is a bad spread dramatically. The exposure of a different path is always well seen and spreads hope. These cities should be examples of quality of life for its population, since it does not know the value received monthly, and much less as these amounts are applied. Through comparative studies and analysis of good means employees in the use of these resources, it is observed that there are solutions to this problem. (author)

  19. Random matrix theory and fund of funds portfolio optimisation

    Science.gov (United States)

    Conlon, T.; Ruskin, H. J.; Crane, M.

    2007-08-01

    The proprietary nature of Hedge Fund investing means that it is common practise for managers to release minimal information about their returns. The construction of a fund of hedge funds portfolio requires a correlation matrix which often has to be estimated using a relatively small sample of monthly returns data which induces noise. In this paper, random matrix theory (RMT) is applied to a cross-correlation matrix C, constructed using hedge fund returns data. The analysis reveals a number of eigenvalues that deviate from the spectrum suggested by RMT. The components of the deviating eigenvectors are found to correspond to distinct groups of strategies that are applied by hedge fund managers. The inverse participation ratio is used to quantify the number of components that participate in each eigenvector. Finally, the correlation matrix is cleaned by separating the noisy part from the non-noisy part of C. This technique is found to greatly reduce the difference between the predicted and realised risk of a portfolio, leading to an improved risk profile for a fund of hedge funds.

  20. Leveraging the NPS Femto Satellite for Alternative Satellite Communication Networks

    Science.gov (United States)

    2017-09-01

    programmed for eventual integration with the Iridium Network , which is then tested. C. THESIS ORGANIZATION The thesis addresses these questions...NPS FEMTO SATELLITE FOR ALTERNATIVE SATELLITE COMMUNICATION NETWORKS by Faisal S. Alshaya September 2017 Co-Advisors: Steven J. Iatrou...TYPE AND DATES COVERED Master’s thesis 4. TITLE AND SUBTITLE LEVERAGING THE NPS FEMTO SATELLITE FOR ALTERNATIVE SATELLITE COMMUNICATION NETWORKS 5

  1. Status of funded actions

    International Nuclear Information System (INIS)

    2003-01-01

    The GEDEPEON status workshop is organised to review the GEDEPEON research actions, which have been funded in 2003. Presentations are made by research teams actively involved in GEDEPEON research areas. Speakers were invited to show how the presented research data are related to the general goals of transmutation, for which 2006 is an important milestone, and innovative systems. This document gathers 18 presentations (slides) among the 32 given at this workshop and dealing with: 1 - nuclear data: measurement of cross-sections of neutron induced reactions at the nTof time of flight facilities of CERN and of Gelina at Geel (F. Gunsing), study of (n,xn) reactions thanks to prompt gamma spectroscopy (M. Kerveno), iodine 129 cross-sections (G. Noguere); 2 - reactor physics/cycles: CEA-CNRS scenarios (F. Varaine, D. Heuer), analysis of uncertainties and sensitivity factors of nuclear data on innovative systems (molten-salt reactors) (A. Bidaud); 3 - materials: contribution to the study of T91 steel fatigue by lead-bismuth (D. Gorse), kinetics and mechanisms of fatigue by liquid metals (V. Laporte), studies of molten salts corrosion in future reactors (S. Sanchez), stress-induced fatigue by liquid metal (A. Verleene), thermodynamic study of the Bi-Fe-Hg-O-Pb quinary system (A. Maitre), synchrotron imaging study of fatigue by liquid metals (D. Bellet); 4 - future systems: molten salts reprocessing strategy - impact on the molten salt reactors neutronics (L. Mathieu), microscopy technique for the characterization of the thermal properties of inert materials for gas-cooled reactors (L. David), modeling and application of sub-atomic phenomena (J. Maillard), forecasting of the chemical compatibility between fissile compounds and inert materials in future high temperature reactors using a thermodynamical approach (A. Maitre), hydrogen production by thermochemical cycles (S. Colette), development of Ni-W refractory alloys for high temperature and molten salts reactors (J

  2. Satellite Surveillance: Domestic Issues

    National Research Council Canada - National Science Library

    Best, Jr., Richard A; Elsea, Jennifer K

    2008-01-01

    ... and law enforcement purposes, in addition to the civil applications that have been supported for years. In 2007, it moved to transfer responsibility for coordinating civilian use of satellites to the Department of Homeland Security. The transfer occurred, however, apparently without notification of key congressional oversight committees.

  3. Cibola flight experiment satellite

    Science.gov (United States)

    Davies, P.; Liddle, Doug; Paffett, John; Sweeting, Martin; Curiel, A.; Sun, Wei; Eves, Stuart

    2004-11-01

    In order to achieve an "economy of scale" with respect to payload capacity the major trend in telecommunications satellites is for larger and larger platforms. With these large platforms the level of integration between platform and payload is increasing leading to longer delivery schedules. The typical lifecycle for procurement of these large telecommunications satellites is now 3-6 years depending on the level of non-recurring engineering needed. Surrey Satellite Technology Ltd (SSTL) has designed a low-cost platform aimed at telecommunications and navigation applications. SSTL's Geostationary Minisatellite Platform (GMP) is a new entrant addressing the lower end of the market with payloads up to 250kg requiring less than 1.5 kW power. The British National Space Centre through the MOSAIC Small Satellite Initiative supported the development of GMP. The main design goals for GMP are low-cost for the complete mission including launch and operations and a platform allowing flexible payload accommodation. GMP is specifically designed to allow rapid development and deployment with schedules typically between 1 and 2 years from contract signature to flight readiness. GMP achieves these aims by a modular design where the level of integration between the platform and payload is low. The modular design decomposes the satellite into three major components - the propulsion bay, the avionics bay and the payload module. Both the propulsion and avionics bays are reusable, largely unchanged, and independent of the payload configuration. Such a design means that SSTL or a 3rd party manufacturer can manufacture the payload in parallel to the platform with integration taking place quite late in the schedule. In July 2003 SSTL signed a contract for ESA's first Galileo navigation satellite known as GSTBV2/A. The satellite is based on GMP and ESA plan to launch it into a MEO orbit late in 2005. The second flight of GMP is likely to be in 2006 carrying a geostationary payload

  4. Hurricane Satellite (HURSAT) Microwave (MW)

    Data.gov (United States)

    National Oceanic and Atmospheric Administration, Department of Commerce — The Hurricane Satellite (HURSAT) from Microwave (MW) observations of tropical cyclones worldwide data consist of raw satellite observations. The data derive from the...

  5. Satellite transmission of oceanographic data

    Digital Repository Service at National Institute of Oceanography (India)

    Desa, E.S.; Desai, R.G.P.; DeSa, E.J.

    Oceanographic data collected on a research vessel has been transmitted to a shore laboratory using the INMARSAT maritime satellite The system configuration used, consisted of Satellite Communication Terminals interfaced to desk top computers...

  6. Satellite Ocean Heat Content Suite

    Data.gov (United States)

    National Oceanic and Atmospheric Administration, Department of Commerce — This collection contains an operational Satellite Ocean Heat Content Suite (SOHCS) product generated by NOAA National Environmental Satellite, Data, and Information...

  7. Monitoring Cyanobacteria with Satellites Webinar

    Science.gov (United States)

    real-world satellite applications can quantify cyanobacterial harmful algal blooms and related water quality parameters. Provisional satellite derived cyanobacteria data and different software tools are available to state environmental and health agencies.

  8. Defense Meteorological Satellite Program (DMSP)

    Data.gov (United States)

    National Oceanic and Atmospheric Administration, Department of Commerce — The Defense Meteorological Satellite Program (DMSP) satellites collect visible and infrared cloud imagery as well as monitoring the atmospheric, oceanographic,...

  9. Royalties do petróleo e emprego público nos municípios Brasileiros

    Directory of Open Access Journals (Sweden)

    Lauro Carnicelli

    2014-09-01

    Full Text Available O objetivo deste artigo é investigar se as transferências do petróleo (royalties e participações especiais levaram as prefeituras beneficiadas a aumentar a contratação de funcionários públicos, em desacordo com as recomendações legais. Para isto, aplicou-se o método Duplamente Robusto a um painel de municípios observados entre 2000 e 2009. O método compõe-se de dois estágios. Primeiramente, estimaram-se as probabilidades de recepção de receitas do petróleo condicionadas a variáveis observáveis; em um segundo estágio, estimou-se um painel de efeitos fixos no conjunto de observações pertencentes a um suporte comum construído a partir dos propensity scores estimados no primeiro estágio. Os resultados mostram que as prefeituras elevam o seu quadro de funcionários diante do usufruto de rendas do petróleo, mas a despesa média com pessoal não aumenta nas cidades pertencentes ao grupo de tratamento. No Rio de Janeiro, sujeito a determinações mais específicas de seu Tribunal de Contas, o efeito não é significativo, indicando a aderência das prefeituras às regras.

  10. Should Glaucoma be Publicly Funded in Arguments for Funding ...

    African Journals Online (AJOL)

    2018-03-01

    Mar 1, 2018 ... 2018 Nigerian Journal of Ophthalmology | Published by Wolters Kluwer - Medknow. 59. [Downloaded free ... vision.[6] Further, Malaysia has an efficient, widespread ... universal healthcare program, mainly tax-funded (80%).

  11. Pension funds investments in hedge funds-a necessary regulation

    Directory of Open Access Journals (Sweden)

    Daniela Gaftoniuc

    2010-12-01

    Full Text Available When it comes to investment strategies, generally, pension funds have proved to be conservative investors with a long term approach on investments and constant preoccupation for asset diversification as well as tendencies to secure their portfolios through investments in established financial products. Nevertheless, within this constant preoccupation for portfolio diversification as well as gain of notable profits, private pension funds have invested to a certain degree also in less cautious products respectively have conducted less stable investments. The financial turbulences that hit the US towards the end of 2007 and spread globally to become one of the most severe financial crisis witnessed, haven’t left pension funds immune to this phenomenon. Although, as previously stated, the special feature of pension funds is based on long term investments, which confers a certain degree of natural protection, there can not be the talk of absolute immunity either.

  12. Telelibrary: Library Services via Satellite.

    Science.gov (United States)

    Liu, Rosa

    1979-01-01

    Investigates the provision of library services via satellite, explains briefly the operation and advantages of communication satellites, and discusses the various telecommunications equipment and services which, when coupled with satellite transmission, will enhance library activities. Demand trend projections for telecommunications services…

  13. Funding bombshell hits UK physics

    Science.gov (United States)

    Banks, Michael; Durrani, Matin

    2008-01-01

    Physicists and astronomers in the UK are coming to terms with a massive funding crisis that engulfed one of the country's main funding agencies last month. As a result of an £80m black hole in the budget of the Science and Technology Facilities Council (STFC), it has decided to stop funding research into the International Linear Collider (ILC), withdraw from the Gemini telescopes in Hawaii and Chile, and cease all support for high-energy gamma-ray astronomy and ground-based solar-terrestrial physics. Research grants in particle physics and astronomy could also be cut by up to 25%, which may lead to job losses at university departments.

  14. Funding Science with Science: Cryptocurrency and Independent Academic Research Funding

    Directory of Open Access Journals (Sweden)

    Edward Lehner

    2017-12-01

    Full Text Available Scientific funding within the academy is an often complicated affair involving disparate and competing interests. Private universities, for instance, are vastly outpacing public institutions in garnering large, prestigious, science-related grants and external research investment. Inequities also extend to the types of research funded, with government, corporate, and even military interests privileging certain types of inquiry. This article proposes an innovative type of science research fund using cryptocurrencies, a fast-growing asset class. Although not a total funding solution, staking coins, specifically, can be strategically invested in to yield compound interest. These coins use masternode technologies to collateralize the network and speed transaction pace and may pay dividends to masternode holders, allowing institutions that purchase these types of central hubs to potentially engage in a lucrative form of dividend reinvestment. Using cryptocurrencies as a new funding stream may garner large amounts of capital and creation of nonprofit institutes to support the future of funding scientific research within educational institutions.

  15. 12 CFR 615.5010 - Funding Corporation.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Funding Corporation. 615.5010 Section 615.5010... POLICIES AND OPERATIONS, AND FUNDING OPERATIONS Funding § 615.5010 Funding Corporation. (a) The Funding Corporation shall issue, market, and handle the obligations of the banks issued under section 4.2(b) through...

  16. Secure, Autonomous, Intelligent Controller for Integrating Distributed Emergency Response Satellite Operations

    Science.gov (United States)

    Ivancic, William D.; Paulsen, Phillip E.; Miller, Eric M.; Sage, Steen P.

    2013-01-01

    This report describes a Secure, Autonomous, and Intelligent Controller for Integrating Distributed Emergency Response Satellite Operations. It includes a description of current improvements to existing Virtual Mission Operations Center technology being used by US Department of Defense and originally developed under NASA funding. The report also highlights a technology demonstration performed in partnership with the United States Geological Service for Earth Resources Observation and Science using DigitalGlobe(Registered TradeMark) satellites to obtain space-based sensor data.

  17. Prototype Design and Mission Analysis for a Small Satellite Exploiting Environmental Disturbances for Attitude Stabilization

    Science.gov (United States)

    2016-03-01

    AND MISSION ANALYSIS FOR A SMALL SATELLITE EXPLOITING ENVIRONMENTAL DISTURBANCES FOR ATTITUDE STABILIZATION by Halis C. Polat March 2016...FOR A SMALL SATELLITE EXPLOITING ENVIRONMENTAL DISTURBANCES FOR ATTITUDE STABILIZATION 5. FUNDING NUMBERS 6. AUTHOR(S) Halis C. Polat 7...need a robust and accurate attitude control system. Due to the mass- and volume-constrained design environment of CubeSat, conventional methods are

  18. 37 CFR 360.15 - Separate claims required.

    Science.gov (United States)

    2010-07-01

    ... SUBMISSION OF ROYALTY CLAIMS FILING OF CLAIMS TO ROYALTY FEES COLLECTED UNDER COMPULSORY LICENSE Satellite... license and satellite carrier compulsory license royalty fees during the same month of July, that party... both cable and satellite carrier royalty fees will be dismissed. ...

  19. Pacific Coastal Salmon Recovery Fund

    Data.gov (United States)

    National Oceanic and Atmospheric Administration, Department of Commerce — Congress established the Pacific Coastal Salmon Recovery Fund (PCSRF) to monitor the restoration and conservation of Pacific salmon and steelhead populations and...

  20. Drinking Water State Revolving Fund

    Data.gov (United States)

    U.S. Environmental Protection Agency — The Drinking Water State Revolving Fund (DWSRF) National Information Management System collects information that provide a record of progress and accountability for...

  1. Report from the Pension Fund

    CERN Multimedia

    2012-01-01

    In this column, the Chairman of the Pension Fund Governing Board (PFGB) presents the Board's latest main decisions, initiatives and accomplishments to the Fund's members and beneficiaries.   Since my last report in July, the Fund has continued the implementation of its capital preservation approach with encouraging results. There have also been several communication events focusing, in particular, on the Fund’s governance and its investment processes. At the September sessions of the Finance Committee and Council, the Chairman of the Pension Fund Investment Committee, Dr Sigurd Lettow, gave comprehensive presentations on the governance and operations of the Fund’s Investment Committee. The Investment Committee is the subsidiary and expert body of the PFGB on investments. Its mandate is to define the process according to which the Fund’s assets - which amount to approximately 3.7 billion Swiss Francs - are invested, and to supervise the implem...

  2. Infrared Astronomy Satellite

    Science.gov (United States)

    Ferrera, G. A.

    1981-09-01

    In 1982, the Infrared Astronomy Satellite (IRAS) will be launched into a 900-km sun-synchronous (twilight) orbit to perform an unbiased, all-sky survey of the far-infrared spectrum from 8 to 120 microns. Observations telemetered to ground stations will be compiled into an IR astronomy catalog. Attention is given the cryogenically cooled, 60-cm Ritchey-Chretien telescope carried by the satellite, whose primary and secondary mirrors are fabricated from beryllium by means of 'Cryo-Null Figuring'. This technique anticipates the mirror distortions that will result from cryogenic cooling of the telescope and introduces dimensional compensations for them during machining and polishing. Consideration is also given to the interferometric characterization of telescope performance and Cryo/Thermal/Vacuum simulated space environment testing.

  3. Satellite Control Laboratory

    DEFF Research Database (Denmark)

    Wisniewski, Rafal; Bak, Thomas

    2001-01-01

    The Satellite Laboratory at the Department of Control Engineering of Aalborg University (SatLab) is a dynamic motion facility designed for analysis and test of micro spacecraft. A unique feature of the laboratory is that it provides a completely gravity-free environment. A test spacecraft......-axis magnetometer, three piezoelectric gyros, and four reaction wheels in a tetrahedron configuration. The operation of the spacecraft is fully autonomous. The data flow between the transducers and the onboard computer placed physically outside the satellite is provided by a radio link. The purpose...... can be implemented in the laboratory, e.g. three-axis attitude control, slew manoeuvres, spins stabilization using magnetic actuation and/or reaction wheels. The spacecraft attitude can be determined applying magnetometer measurements....

  4. Thematic mapping from satellite imagery

    CERN Document Server

    Denègre, J

    2013-01-01

    Thematic Mapping from Satellite Imagery: A Guidebook discusses methods in producing maps using satellite images. The book is comprised of five chapters; each chapter covers one stage of the process. Chapter 1 tackles the satellite remote sensing imaging and its cartographic significance. Chapter 2 discusses the production processes for extracting information from satellite data. The next chapter covers the methods for combining satellite-derived information with that obtained from conventional sources. Chapter 4 deals with design and semiology for cartographic representation, and Chapter 5 pre

  5. Cooperative and cognitive satellite systems

    CERN Document Server

    Chatzinotas, Symeon; De Gaudenzi, Riccardo

    2015-01-01

    Cooperative and Cognitive Satellite Systems provides a solid overview of the current research in the field of cooperative and cognitive satellite systems, helping users understand how to incorporate state-of-the-art communication techniques in innovative satellite network architectures to enable the next generation of satellite systems. The book is edited and written by top researchers and practitioners in the field, providing a comprehensive explanation of current research that allows users to discover future technologies and their applications, integrate satellite and terrestrial systems

  6. Sovereign Wealth and Pension Funds Controlling Canadian Businesses: Tax-Policy Implications

    Directory of Open Access Journals (Sweden)

    Vijay Jog

    2013-02-01

    Full Text Available In a world without taxes, investors that take over companies would do so because they expect to be able to operate the business efficiently and at a high rate of return. But in Canada today, some acquirers enjoy tax advantages over others. And that could mean that certain buyers, who may not be best suited to owning a particular company, are able to outbid those who are better positioned to run that company at optimal efficiency. That is a problem not just for investors who end up outbid, due to Canada’s uneven tax policy, but for the Canadian economy, which suffers from the resulting economic inefficiency. With respect to registered pension plans, the so-called 30-per-cent rule puts a cap on the amount of voting equity in a company that they are permitted to own. Meanwhile, however, sovereign wealth funds — whether controlled by China or Australia — face no such limit when purchasing stakes in Canadian firms. The number and size of sovereign wealth funds, globally, is only growing — and rapidly. But as Canada increasingly attracts foreign capital, with foreign-controlled government-affiliated funds seeking out Canadian takeover targets, much of the discussion around public policy has focused primarily on the Investment Canada Act and the “net benefit test” for foreign direct investment. Another component in ensuring that Canadian interests are preserved, however, is the question of whether Canadian institutional investors can operate on a level playing field with foreign sovereign wealth funds. With the 30-per-cent rule limiting equity purchases for one but not the other, it would appear that they are not. The most appealing remedy to this imbalance is a tax solution: limiting the corporate deductions on interest, fees, royalties, rents, and the like, that so often factor in to the takeover calculation, as part of a tax-minimization strategy. This would not only put pension funds and sovereign wealth funds on equal footing, but it

  7. Satellite Photometric Error Determination

    Science.gov (United States)

    2015-10-18

    Satellite Photometric Error Determination Tamara E. Payne, Philip J. Castro, Stephen A. Gregory Applied Optimization 714 East Monument Ave, Suite...advocate the adoption of new techniques based on in-frame photometric calibrations enabled by newly available all-sky star catalogs that contain highly...filter systems will likely be supplanted by the Sloan based filter systems. The Johnson photometric system is a set of filters in the optical

  8. Company Stock in Pension Funds

    OpenAIRE

    Even, William E.; Macpherson, David

    2004-01-01

    This study examines several issues surrounding the tendency for some pension funds to invest in their own company’s stock. After reviewing the existing literature describing the benefits and costs of investing in company stock, the legislative environment surrounding company stock holdings is reviewed. Using data from Internal Revenue Service Form 5500 filings on the pension fund holdings of over 300,000 defined–contribution pension plans in the 1990s, we show that about one out of ten define...

  9. Revisiting Mutual Fund Performance Evaluation

    OpenAIRE

    Angelidis, Timotheos; Giamouridis, Daniel; Tessaromatis, Nikolaos

    2012-01-01

    Mutual fund manager excess performance should be measured relative to their self-reported benchmark rather than the return of a passive portfolio with the same risk characteristics. Ignoring the self-reported benchmark introduces biases in the measurement of stock selection and timing components of excess performance. We revisit baseline empirical evidence in mutual fund performance evaluation utilizing stock selection and timing measures that address these biases. We introduce a new factor e...

  10. Pension Funds and Financial Innovation

    OpenAIRE

    Zvi Bodie

    1989-01-01

    Pension funds have played a critical role in the evolution of the markets for debt and equity securities and their derivatives in the U.S. over the last 15 years. The new securities and markets can largely be explained as responses to the investment demands of pension funds in an environment of increased interest rate volatility and tighter regulation. Defined benefit pension plans offer annuities that have a guaranteed floor specified by the benefit formula. In order to minimize the cost to ...

  11. 7 CFR 771.12 - Funding applications.

    Science.gov (United States)

    2010-01-01

    ... availability of funds. However, when multiple applications are received on the same date and available funds... determines to be most critical for the accomplishment of program objectives, will be funded first. ...

  12. The rise of Asian sovereign wealth funds

    OpenAIRE

    Borst, Nicholas

    2015-01-01

    This Asia Focus provides an overview of sovereign wealth funds, evaluates the structure and activities of major funds in Asia, and compares the transparency of Asian funds relative to international best practices.

  13. Goddard Satellite-Based Surface Turbulent Fluxes, 0.25x0.25 deg, Daily Grid, V3, (GSSTF_F14) V3

    Data.gov (United States)

    National Aeronautics and Space Administration — These data are part of the Goddard Satellite-based Surface Turbulent Fluxes Version 3 (GSSTF3) Dataset recently produced through a MEaSURES funded project led by Dr....

  14. Mobile satellite service communications tests using a NASA satellite

    Science.gov (United States)

    Chambers, Katherine H.; Koschmeder, Louis A.; Hollansworth, James E.; ONeill, Jack; Jones, Robert E.; Gibbons, Richard C.

    1995-01-01

    Emerging applications of commercial mobile satellite communications include satellite delivery of compact disc (CD) quality radio to car drivers who can select their favorite programming as they drive any distance; transmission of current air traffic data to aircraft; and handheld communication of data and images from any remote corner of the world. Experiments with the enabling technologies and tests and demonstrations of these concepts are being conducted before the first satellite is launched by utilizing an existing NASA spacecraft.

  15. Farms and funds: investment funds in the global land rush

    Energy Technology Data Exchange (ETDEWEB)

    Buxton, Abbi; Campanale, Mark; Cotula, Lorenzo

    2012-01-15

    Investment funds show a growing interest in farmland and agriculture. They are buying up land and agribusinesses in developing countries with the expectation of high long-term returns linked to rising land prices, growing populations and increasing demand for food. While the media has reported extensively on the involvement of these funds in the global land rush, the mechanics remain little understood by the broader public. What is the interest and what is driving it? Who are the players and what processes do their investment decisions go through? What are the impacts in recipient countries? And what action can be taken to promote investments that genuinely support local people?.

  16. Pension Fund - ELECTIONS - Irene SEIS

    CERN Document Server

    2002-01-01

    CERN - EUROPEAN ORGANIZATION FOR NUCLEAR RESEARCH PENSION FUND   This candidature has been duly registered and is hereby presented in accordance with paragraph 6.h of the Regulations for Elections to the Governing Board of the Pension Fund. Candidate: Name: SEIS First Name : Irene Our Pension Fund (that of CERN and ESO personnel) is for most of us the only social protection when we retire. Its purpose is to give us a pension, which permits to maintain a certain standard of living for us, and for our dependants. I have worked in the Governing Board of the Pension Fund, as well as in numerous working groups on pension matters, since 11 years, either in my role as a Staff Association delegate, or as a member of the Governing Board. In both environments, I defend the principles of solidarity, which are part of our social security system, and I stand up for maintaining its primary principle, being a defined benefit scheme. Another of my preoccupations is the long-term future of the fund, including the gu...

  17. Satellite disintegration dynamics

    Science.gov (United States)

    Dasenbrock, R. R.; Kaufman, B.; Heard, W. B.

    1975-01-01

    The subject of satellite disintegration is examined in detail. Elements of the orbits of individual fragments, determined by DOD space surveillance systems, are used to accurately predict the time and place of fragmentation. Dual time independent and time dependent analyses are performed for simulated and real breakups. Methods of statistical mechanics are used to study the evolution of the fragment clouds. The fragments are treated as an ensemble of non-interacting particles. A solution of Liouville's equation is obtained which enables the spatial density to be calculated as a function of position, time and initial velocity distribution.

  18. Do asteroids have satellites

    International Nuclear Information System (INIS)

    Weidenschilling, S.J.; Paolicchi, P.; Zappala, V.

    1989-01-01

    A substantial body of indirect evidence suggests that some asteroids have satelities, although none has been detected unambiguously. Collisions between asteroids provide physically plausible mechanisms for the production of binaries, but these operate with low probability; only a small minority of asteroids are likely to have satellites. The abundance of binary asteroids can constrain the collisional history of the entire belt population. The allowed angular momentum of binaries and their rate of tidal evolution limit separations to no more than a few tens of the primary's radii. Their expected properties are consistent with failure to detect them by current imaging techniques

  19. China Satellite Navigation Conference

    CERN Document Server

    Liu, Jingnan; Fan, Shiwei; Wang, Feixue

    2016-01-01

    These Proceedings present selected research papers from CSNC2016, held during 18th-20th May in Changsha, China. The theme of CSNC2016 is Smart Sensing, Smart Perception. These papers discuss the technologies and applications of the Global Navigation Satellite System (GNSS), and the latest progress made in the China BeiDou System (BDS) especially. They are divided into 12 topics to match the corresponding sessions in CSNC2016, which broadly covered key topics in GNSS. Readers can learn about the BDS and keep abreast of the latest advances in GNSS techniques and applications.

  20. China Satellite Navigation Conference

    CERN Document Server

    Liu, Jingnan; Yang, Yuanxi; Fan, Shiwei; Yu, Wenxian

    2017-01-01

    These proceedings present selected research papers from CSNC2017, held during 23th-25th May in Shanghai, China. The theme of CSNC2017 is Positioning, Connecting All. These papers discuss the technologies and applications of the Global Navigation Satellite System (GNSS), and the latest progress made in the China BeiDou System (BDS) especially. They are divided into 12 topics to match the corresponding sessions in CSNC2017, which broadly covered key topics in GNSS. Readers can learn about the BDS and keep abreast of the latest advances in GNSS techniques and applications.

  1. Understanding satellite navigation

    CERN Document Server

    Acharya, Rajat

    2014-01-01

    This book explains the basic principles of satellite navigation technology with the bare minimum of mathematics and without complex equations. It helps you to conceptualize the underlying theory from first principles, building up your knowledge gradually using practical demonstrations and worked examples. A full range of MATLAB simulations is used to visualize concepts and solve problems, allowing you to see what happens to signals and systems with different configurations. Implementation and applications are discussed, along with some special topics such as Kalman Filter and Ionosphere. W

  2. Living antennas on communication satellites

    DEFF Research Database (Denmark)

    Lumholt, Michael

    2003-01-01

    Crises change the global pattern of communication. The communications problems occur because the satellites are optimized to cover specific geographic areas, and these areas cannot be altered once the satellites are in Earth orbit. An effective solution to the problem is to equip communication sa...... satellites with "living" antennas that can adjust their radiation coverage areas according to the new demands. The development of living antennas is, therefore, among the focus areas identified and supported by the European Space Agency, ESA....

  3. Agent control of cooperating satellites

    OpenAIRE

    Lincoln, N.K.; Veres, S.M.; Dennis, Louise; Fisher, Michael; Lisitsa, Alexei

    2011-01-01

    A novel, hybrid, agent architecture for (small)swarms of satellites has been developed. The software architecture for each satellite comprises ahigh-level rational agent linked to a low-level control system. The rational agent forms dynamicgoals, decides how to tackle them and passes theactual implementation of these plans to the control layer. The rational agent also has access to aMatLabmodel of the satellite dynamics, thus allowing it to carry out selective hypothetical reasoningabout pote...

  4. Investor Attrition and Fund Flows in Mutual Funds

    DEFF Research Database (Denmark)

    Christoffersen, Susan E. K.; Xu, Haoyu

    2017-01-01

    We explore the properties of equity mutual funds that experience a loss of assets after poor performance. We document that both inflows and outflows are less sensitive to performance, because performance-sensitive investors leave or decide not to invest after bad performance. Consistent with the ...

  5. Gas tax fund and public transit fund outcomes report

    International Nuclear Information System (INIS)

    2009-01-01

    Federal gas tax and public transit agreements were signed in 2005 by the Government of Canada, the Province of Ontario, the Association of Municipalities of Ontario (AMO) and the City of Toronto in order to address long-term community sustainability and invest in municipal infrastructure. The agreement committed to providing $1.9 billion to Ontario municipalities over a 5-year period. An additional $2.4 billion has been provided for a further 4-year period from 2010 to 2014. The funds are used by communities to invest in capacity building or environmentally sustainable municipal infrastructure projects. This report identified the intermediate and ultimate outcomes of the federal gas tax fund and public transit fund as of December 2008. Outcomes were presented in the categories of community energy systems, public transit, water and wastewater, solid waste, and roads and bridges. Funding highlights and economic spin-offs for the projects were also presented, as well as summaries of ancillary social outcomes. 6 tabs., 4 figs.

  6. Research funding should reward unpredictability

    CERN Multimedia

    2008-01-01

    Particle-physics experiments can cost hundreds of millions or even billions of dollars and with that kind of money at stake, debates over which projects are worthy of funding can be heated and complex. While those who make big funding decisions try to be as objective as possible, the physicist Bruce Knuteson of the Massachusetts Institute of Technology in the US, believes that agencies would have a much better idea of where to spend their money if they quantified the "scientific merit" of particular research proposals

  7. Impacto dos Royalties do Petróleo no PIB Per Capita dos Municípios do Estado do Espírito Santo, BrasilOil Royalties Effects on the Per Capita GDP in the cities of Espirito Santo, BrazilEl Impacto de los Royalties del Petróleo en el PIB Per Capita de los Municipios del Estado de Espírito Santo, Brasil

    Directory of Open Access Journals (Sweden)

    RIBEIRO, Edivan Guidote

    2010-03-01

    Full Text Available RESUMOIdentificar os impactos que a política pública provoca na economia é essencial para a sua formulação e para o direcionamento da aplicação dos recursos financeiros auferidos pelo Estado. Este trabalho estuda a política pública brasileira de royalties de petróleo e gás natural e tem como objetivo identificar os efeitos das receitas de royalties dos governos municipais do Estado do Espírito Santo, no PIB per capita dos respectivos municípios. Os dados utilizados neste estudo correspondem aos 78 municípios de que se compõe o Estado, entre os anos de 1999 e 2004. Por meio de um modelo estatístico de dados em painel equilibrado, procedeu-se à estimação do modelo para sua efetiva análise. Os resultados mostraram que não há evidências dos impactos dessas políticas no PIB per capita nos municípios do Espírito Santo.ABSTRACTThe identification of the economical effects of public policies is essential for the formulation of such policies, as well as for the adequate allocation of the financial resources obtained by the government. The present work studies the Brazilian public policies regarding oil and natural gas royalties. Its main goal is to uncover the effects of royalties’ revenues on the per capita GDP at the city level in the state of Espirito Santo, Brazil. The data correspond to the 78 cities comprising the Brazilian state, from 1999 to 2004. An econometric model, using balanced panel data, was used to estimate the effects. The results indicate that there is no evidence of impact of these public policies on the per capita GDP of the cities of Espirito Santo.RESUMENLa identificación de los impactos que la política pública produce en la economía es esencial para su formulación y para orientar la aplicación de los recursos financieros obtenidos por el estado. Este trabajo estudia la política pública brasileña de los royalties del petróleo y del gas natural y tiene la finalidad de identificar los efectos del

  8. Trends in mobile satellite communication

    Science.gov (United States)

    Johannsen, Klaus G.; Bowles, Mike W.; Milliken, Samuel; Cherrette, Alan R.; Busche, Gregory C.

    1993-01-01

    Ever since the U.S. Federal Communication Commission opened the discussion on spectrum usage for personal handheld communication, the community of satellite manufacturers has been searching for an economically viable and technically feasible satellite mobile communication system. Hughes Aircraft Company and others have joined in providing proposals for such systems, ranging from low to medium to geosynchronous orbits. These proposals make it clear that the trend in mobile satellite communication is toward more sophisticated satellites with a large number of spot beams and onboard processing, providing worldwide interconnectivity. Recent Hughes studies indicate that from a cost standpoint the geosynchronous satellite (GEOS) is most economical, followed by the medium earth orbit satellite (MEOS) and then by the low earth orbit satellite (LEOS). From a system performance standpoint, this evaluation may be in reverse order, depending on how the public will react to speech delay and collision. This paper discusses the trends and various mobile satellite constellations in satellite communication under investigation. It considers the effect of orbital altitude and modulation/multiple access on the link and spacecraft design.

  9. Magnetic Satellite Missions and Data

    DEFF Research Database (Denmark)

    Olsen, Nils; Kotsiaros, Stavros

    2011-01-01

    Although the first satellite observations of the Earth’s magnetic field were already taken more than 50 years ago, continuous geomagnetic measurements from space are only available since 1999. The unprecedented time-space coverage of this recent data set opened revolutionary new possibilities...... for exploring the Earth’s magnetic field from space. In this chapter we discuss characteristics of satellites measuring the geomagnetic field and report on past, present and upcoming magnetic satellite missions. We conclude with some basics about space magnetic gradiometry as a possible path for future...... exploration of Earth’s magnetic field with satellites....

  10. 28 CFR 23.30 - Funding guidelines.

    Science.gov (United States)

    2010-07-01

    ... 28 Judicial Administration 1 2010-07-01 2010-07-01 false Funding guidelines. 23.30 Section 23.30 Judicial Administration DEPARTMENT OF JUSTICE CRIMINAL INTELLIGENCE SYSTEMS OPERATING POLICIES § 23.30 Funding guidelines. The following funding guidelines shall apply to all Crime Control Act funded...

  11. 24 CFR 214.311 - Funding.

    Science.gov (United States)

    2010-04-01

    ... Internet or other electronic media. (b) Local funding sources. HUD recommends that approved agencies seek and secure funding from funding sources that may include local and state governments, private... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Funding. 214.311 Section 214.311...

  12. 33 CFR 135.9 - Fund address.

    Science.gov (United States)

    2010-07-01

    ... FINANCIAL RESPONSIBILITY AND COMPENSATION OFFSHORE OIL POLLUTION COMPENSATION FUND General § 135.9 Fund address. The address to which correspondence relating to the Coast Guard's administration of the Fund... 33 Navigation and Navigable Waters 2 2010-07-01 2010-07-01 false Fund address. 135.9 Section 135.9...

  13. 12 CFR 619.9185 - Funding Corporation.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Funding Corporation. 619.9185 Section 619.9185 Banks and Banking FARM CREDIT ADMINISTRATION FARM CREDIT SYSTEM DEFINITIONS § 619.9185 Funding Corporation. The term Funding Corporation refers to the Federal Farm Credit Banks Funding Corporation...

  14. Comparing the determinants of fund flows in domestically managed Malaysian Islamic and conventional equity funds.

    OpenAIRE

    Othman, J.; Asutay, M.; Jamailan, N.

    2018-01-01

    Purpose: This paper aims to provide an empirical evidence on the fund flows-past return performance relationship by also considering the management expense ratio, the portfolio turnover, the fund size and the fund age of Islamic equity funds (IEF) investors in comparison with conventional equity funds (CEF) investors. Design/methodology/approach: By using panel data, the sample of Malaysian domestic managed equity funds are considered comprised of 20 individual funds from IEF a...

  15. AVALIAÇÃO DA EFICIÊNCIA DA APLICAÇÃO DOS ROYALTIES DA MINERAÇÃO NO DESENVOLVIMENTO SOCIAL DOS MUNICÍPIOS MINEIROS

    Directory of Open Access Journals (Sweden)

    Alexandre de Cássio Rodrigues

    2016-12-01

    Full Text Available Tendo os royalites da mineração como origens de recursos públicos dos municípios nos quais a atividade mineral ocorre, essa pesquisa tem como objetivo analisar, por meio de indicadores sociais, se a aplicação dos royalties da mineração tem impactado positivamente no desenvolvimento dos municípios mineiros. Para tanto, utilizou-se na pesquisa documental a prestação de contas anual das prefeituras e câmaras municipais, informações sobre população municipal no site do IBGE e obtido o Índice Firjan de Desenvolvimento Municipal, sendo posteriormente utilizadas técnicas de regressão linear e análise de clusters. Os resultados indicam que o aumento da dependência dos royalties da mineração implica na redução do desenvolvimento humano dos municípios de base mineral. Além disso, não foram encontradas evidências de que a atividade mineral proporcione altos níveis de geração de emprego e distribuição de renda. Portanto, é necessário que esses recursos sejam geridos de forma mais eficiente, priorizando-se projetos que estimulem a diversificação econômica dos municípios.

  16. Gigabit Satellite Network for NASA's Advanced Communication Technology Satellite (ACTS)

    Science.gov (United States)

    Hoder, Douglas; Bergamo, Marcos

    1996-01-01

    The advanced communication technology satellite (ACTS) gigabit satellite network provides long-haul point-to-point and point-to-multipoint full-duplex SONET services over NASA's ACTS. at rates up to 622 Mbit/s (SONET OC-12), with signal quality comparable to that obtained with terrestrial fiber networks. Data multiplexing over the satellite is accomplished using time-division multiple access (TDMA) techniques coordinated with the switching and beam hopping facilities provided by ACTS. Transmissions through the satellite are protected with Reed-Solomon encoding. providing virtually error-free transmission under most weather conditions. Unique to the system are a TDMA frame structure and satellite synchronization mechanism that allow: (a) very efficient utilization of the satellite capacity: (b) over-the-satellite dosed-loop synchronization of the network in configurations with up to 64 ground stations: and (c) ground station initial acquisition without collisions with existing signalling or data traffic. The user interfaces are compatible with SONET standards, performing the function of conventional SONET multiplexers and. as such. can be: readily integrated with standard SONET fiber-based terrestrial networks. Management of the network is based upon the simple network management protocol (SNMP). and includes an over-the-satellite signalling network and backup terrestrial internet (IP-based) connectivity. A description of the ground stations is also included.

  17. Asset Allocation of Mutual Fund Investors

    OpenAIRE

    Dengpan Luo

    2003-01-01

    This paper studies mutual fund investors' asset allocation decisions using monthly flow data of U.S mutual fund industry from 1984 to 1998. We find that mutual fund investors change their asset allocations between stocks and bonds in reaction to business conditions tracked by changes in expected stock market returns. They tend to allocate less into stock funds during the trough of a business cycle when expected stock market returns are higher and to allocate more into stock funds during the p...

  18. Mutual Fund Competition and Stock Market Liquidity

    OpenAIRE

    Massa, Massimo

    2004-01-01

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

  19. European Regulatory Framework for Money Market Funds

    OpenAIRE

    Portuese, Aurelien; MacNeil, Iain

    2014-01-01

    Money market funds are widely used by all types of investors, including households, corporate treasurers, pension funds, or insurance companies, who regard money market funds as a ‘safe’ short-term liquid asset class for investing cash. In this case they are proxies to cash deposits. Money market funds are themselves key lenders to issuers of short dated high quality money market instruments. They provide an important source of funding for a variety of institutions such as sovereigns, banks, ...

  20. When Enrollments Bulge but Budgets Don't, Consider "Satellite Learning Centers."

    Science.gov (United States)

    Reecer, Marcia

    1988-01-01

    Describes Dade County (Florida) schools' answer to crowded classrooms and burgeoning primary enrollments: satellite learning centers built and maintained by local companies as employee childcare benefits. Each center is attached to a nearby "host" school that disburses funds, keeps student records, and supplies support services. (MLH)

  1. LBGTQ Funding Strategies and Opportunities

    Science.gov (United States)

    Vincent, Nelson C.

    2004-01-01

    Funding one's dream and making a difference for the LGBTQ community is a journey that involves persistence, learning new skills, rejection, challenges, opportunities and, above all, the willingness to form strategic partnerships. One must identify his grant-writing assets. For the balance of what one needs to get started, one should seek alliances…

  2. Funding and Implementing Universal Access

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

    The principles for the subsidy awards are based not only on the experience of ... the best-practice model for special funding to support access to communications .... Malaysia, Russia, Mongolia and elsewhere).5 The Ugandan model uses the ...... services or serve additional areas, access to radio spectrum and lower taxes.

  3. Amazon Fund: financing deforestation avoidance

    Directory of Open Access Journals (Sweden)

    Jacques Marcovitch

    2014-06-01

    Full Text Available The Amazon Fund, created in 2008 by the Brazilian Federal Government, is managed by Banco Nacional de Desenvolvimento Econômico e Social (BNDES. It is a pioneering initiative to fundraise and manage financial resources to cut back deforestation and support sustainable development for 30 million inhabitants in the Amazon Biome. The Amazon Fund has already received more than R$ 1.7 billion in grants (about USD 787 million. This essay analyzes the Amazon Fund's governance and management with focus on its operation and from its stakeholders' perspectives. A combination of research methods includes: documental research, in-depth interviews, and speech analysis. The study offers a comparative analysis of strengths and weaknesses related to its governance. Furthermore, it proposes ways to improve its management towards greater effectiveness. The essay also includes an assessment of the government of Norway, a major donor to the fund. The governments of Norway and Germany, in partnership with Brazil, reveal how important it is to experiment with new means of international cooperation to successfully reduce greenhouse gas emissions through rainforest preservation.

  4. Pension funds in The Netherlands

    NARCIS (Netherlands)

    Kemna, A.G.Z.; Ponds, E.H.M.; Steenbeek, O.W.

    2012-01-01

    The Dutch pension fund system, considered among the best in the world, successfully combines a first-pillar flat-rate pension for all residents with a labor-related second pillar and voluntary savings accounts as the third pillar. This paper describes the main institutional characteristics of the

  5. School Funding System and Equity

    Science.gov (United States)

    Tabatadze, Shalva; Gorgadze, Natia

    2014-01-01

    The aim of this research is to study the effectiveness of general education funding system from the perspective of equal and equal educational opportunities for all in Georgia. Following the objective, the research aimed to respond three main research questions: 1. is the school financing formula effective and efficient enough to be administrated…

  6. Adequate Funding for Educational Technology

    Science.gov (United States)

    Angle, Jason B.

    2010-01-01

    Public schools are currently operating in a pressure-cooker of accountability systems in which they must teach students to high standards and meet ever increasing targets for student proficiency, or face increasingly severe sanctions. Into this mix is thrown educational technology and the funding for that technology. The literature espouses the…

  7. Fund Raising: An International Feast.

    Science.gov (United States)

    Babb, Valorie; Marshall, Gene

    The procedure for planning an international dinner to raise funds and publicize foreign language study is described. The project, which netted several hundred dollars for a high school in North Dakota, involves careful planning over a period of months. Publicity and facilities are discussed, and the various culinary and other jobs to be…

  8. NEN Division Funding Gap Analysis

    International Nuclear Information System (INIS)

    Esch, Ernst I.; Goettee, Jeffrey D.; Desimone, David J.; Lakis, Rollin E.; Miko, David K.

    2012-01-01

    The work in NEN Division revolves around proliferation detection. The sponsor funding model seems to have shifted over the last decades. For the past three lustra, sponsors are mainly interested in funding ideas and detection systems that are already at a technical readiness level 6 (TRL 6 -- one step below an industrial prototype) or higher. Once this level is reached, the sponsoring agency is willing to fund the commercialization, implementation, and training for the systems (TRL 8, 9). These sponsors are looking for a fast turnaround (1-2 years) technology development efforts to implement technology. To support the critical national and international needs for nonprolifertion solutions, we have to maintain a fluent stream of subject matter expertise from the fundamental principals of radiation detection through prototype development all the way to the implementation and training of others. NEN Division has large funding gaps in the Valley of Death region. In the current competitive climate for nuclear nonproliferation projects, it is imminent to increase our lead in this field.

  9. International Satellite Law

    Science.gov (United States)

    von der Dunk, Frans

    2017-07-01

    there are the major categories of space applications—as these have started to impact everyday life on earth: the involvement of satellites in communications infrastructures and services, the most commercialized area of space applications yet; the special issue of space serving to mitigate disasters and their consequences on earth; the use of satellites for remote sensing purposes ranging from weather and climate monitoring to spying; and the use of satellites for positioning, navigation, and timing.

  10. The Future of Satellite Communications Technology.

    Science.gov (United States)

    Nowland, Wayne

    1985-01-01

    Discusses technical advances in satellite technology since the 1960s, and the International Telecommunications Satellite Organization's role in these developments; describes how AUSSAT, Australia's domestic satellite system, exemplifies the latest developments in satellite technology; and reviews satellite system features, possible future…

  11. Satellite Control Laboratory

    DEFF Research Database (Denmark)

    Wisniewski, Rafal; Bak, Thomas

    2001-01-01

    The Satellite Laboratory at the Department of Control Engineering of Aalborg University (SatLab) is a dynamic motion facility designed for analysis and test of micro spacecraft. A unique feature of the laboratory is that it provides a completely gravity-free environment. A test spacecraft...... of the laboratory is to conduct dynamic tests of the control and attitude determination algorithms during nominal operation and in abnormal conditions. Further it is intended to use SatLab for validation of various algorithms for fault detection, accommodation and supervisory control. Different mission objectives...... can be implemented in the laboratory, e.g. three-axis attitude control, slew manoeuvres, spins stabilization using magnetic actuation and/or reaction wheels. The spacecraft attitude can be determined applying magnetometer measurements...

  12. The solar power satellite

    Energy Technology Data Exchange (ETDEWEB)

    Combes, P.F.

    1982-01-01

    The construction, launch, components, and operations of satellite solar power systems (SSPS) for direct beaming of solar energy converted to electricity to earth stations are outlined. The reference designs of either Si or concentrator GaAs solar cell assemblies large enough to project 5 GW of power are described. The beam will be furnished by klystrons or amplitrons for reception by rectennas on earth. Conforming to the law of amplitude and the equiphase law will permit high efficiencies, pointing accuracy, and low power deposition/sq cm, thus avoiding environmental problems, although some telecommunications systems may suffer interference. The construction of the dipole rectenna grid is sketched, noting that one receiver would be an ellipse sized at 10 x 13 km. Various forms of pollution which could result from the construction of an SSPS are examined.

  13. 34 CFR 674.17 - Federal interest in allocated funds-transfer of Fund.

    Science.gov (United States)

    2010-07-01

    ... Federal interest in that Fund: (1) A capital distribution of the liquid assets of the Fund according to... 34 Education 3 2010-07-01 2010-07-01 false Federal interest in allocated funds-transfer of Fund... Provisions § 674.17 Federal interest in allocated funds—transfer of Fund. (a) If an institution responsible...

  14. Do firm characteristics influence mutual fund performance? An empirical study for European mutual funds

    NARCIS (Netherlands)

    de Jong, F.C.J.M.; Wingens, L.

    2013-01-01

    This study investigates the influence of fund management firm characteristics on mutual fund performance. Using a sample of European domiciled open-end equity funds for the period 1998-2008, this study finds that the funds of private companies have performed better than the funds of public

  15. Launching the First Indian Satellite

    Indian Academy of Sciences (India)

    materials and chemicals, rocket propulsion, satellite technology, control and guidance system, etc. ... entire country, especially the rural areas, and in the survey and management of natural resources. Listeners are no .... satellite will store the information over a longer period and then on command from the ground station at ...

  16. Integrated Satellite-HAP Systems

    DEFF Research Database (Denmark)

    Cianca, Ernestina; De Sanctis, Mauro; De Luise, Aldo

    2005-01-01

    Thus far, high-altitude platform (HAP)-based systems have been mainly conceived as an alternative to satellites for complementing the terrestrial network. This article aims to show that HAP should no longer be seen as a competitor technology by investors of satellites, but as a key element for an...

  17. Newspaper Uses of Satellite Technology.

    Science.gov (United States)

    Johns, David

    Replacing slower mail service, satellite transmission now gives the newspaper industry a practical and almost spontaneous method for sending all kinds of information to any newspaper across the country. Unlike other communication industries, newspapers did not begin to make widespread use of satellite technology until 1979, when government…

  18. Satellite Demonstration: The Videodisc Technology.

    Science.gov (United States)

    Propp, George; And Others

    1979-01-01

    Originally part of a symposium on educational media for the deaf, the paper describes a satellite demonstration of video disc materials. It is explained that a panel of deaf individuals in Washington, D.C. and another in Nebraska came into direct two-way communication for the first time, and video disc materials were broadcast via the satellite.…

  19. A Primer on Satellite Equipment.

    Science.gov (United States)

    Doan, Michael

    1992-01-01

    Information provided for school districts desiring to offer distance education courses to their students describes the kind of satellite dish needed; its size, sturdiness, placement, and number of dishes needed; satellite receivers; the function of a descrambler; copyright restrictions; features of an Integrated Receiver/Descrambler; selecting a…

  20. The Skeletal Muscle Satellite Cell

    Science.gov (United States)

    2011-01-01

    The skeletal muscle satellite cell was first described and named based on its anatomic location between the myofiber plasma and basement membranes. In 1961, two independent studies by Alexander Mauro and Bernard Katz provided the first electron microscopic descriptions of satellite cells in frog and rat muscles. These cells were soon detected in other vertebrates and acquired candidacy as the source of myogenic cells needed for myofiber growth and repair throughout life. Cultures of isolated myofibers and, subsequently, transplantation of single myofibers demonstrated that satellite cells were myogenic progenitors. More recently, satellite cells were redefined as myogenic stem cells given their ability to self-renew in addition to producing differentiated progeny. Identification of distinctively expressed molecular markers, in particular Pax7, has facilitated detection of satellite cells using light microscopy. Notwithstanding the remarkable progress made since the discovery of satellite cells, researchers have looked for alternative cells with myogenic capacity that can potentially be used for whole body cell-based therapy of skeletal muscle. Yet, new studies show that inducible ablation of satellite cells in adult muscle impairs myofiber regeneration. Thus, on the 50th anniversary since its discovery, the satellite cell’s indispensable role in muscle repair has been reaffirmed. PMID:22147605

  1. Mobility management in satellite networks

    Science.gov (United States)

    Johanson, Gary A.

    1995-01-01

    This paper addresses the methods used or proposed for use in multi-beam and/or multi-satellite networks designed to provide Mobile Satellite Services (MSS). Specific topics include beam crossover in the North American Mobile Satellite (MSAT) system as well as registration and live call hand-off for a multi-regional geosynchronous (GEO) satellite based system and a global coverage Low Earth Orbiting (LEO) system. In the MSAT system, the individual satellite beams cover very large geographic areas so the need for live call hand-off was not anticipated. This paper discusses the methods used to keep track of the beam location of the users so that incoming call announcements or other messages may be directed to them. Proposed new GEO systems with large numbers of beams will provide much smaller geographic coverage in individual beams and thus the need arises to keep track of the user's location as well as to provide live call hand-off as the user traverses from beam to beam. This situation also occurs in proposed LEO systems where the problems are worsened by the need for satellite to satellite hand-off as well as beam to beam hand-off within a single satellite. The paper discusses methods to accomplish these handoffs and proposes system architectures to address the various hand-off scenarios.

  2. Accumulation of satellites

    International Nuclear Information System (INIS)

    Safronov, V.S.; Ruskol, E.L.

    1977-01-01

    Formation and evolution of circumplanetary satellite swarms are investigated. Characteristic times of various processes are estimated. The characteristic time for the accumulation of the bodies in the swarm was several orders of magnitude shorter than that of the planet, i.e. than the time of the replenishment of the material by the swarm (10 8 yr). The model of the accumulation of the swarm is constructed taking into account the increase of its mass due to trapping of heliocentrically moving particles and its decrease due to outfall of the inner part of the swarm onto the growing planet. The accumulation of circumplanetary bodies is also considered. The main features of the evolution of the swarm essentially depend on the size distribution of bodies in the swarm and in the zone of the planet and also on the degree of the concentration of the swarm mass toward the planet. If the sum of the exponents of the inverse power laws of these distributions is less than 7, the model of the transparent swarm developed in this paper should be preferred. When this sum is greater than 7, the model of opaque swarm suggested by A. Harris and W.M. Kaula is better. There is predominant trapping of small particles into the swarm due to their more frequent collisions. Optical thickness of the protoplanetary cloud in radial direction is estimated. It is shown that at the final stage of the planetary accumulation, the cloud was semitransparent in the region of terrestrial planets and volatile substances evaporated at collisions could be swept out from the outer parts of the satellite swarm by the solar wind

  3. Sky alert! when satellites fail

    CERN Document Server

    Johnson, Les

    2013-01-01

    How much do we depend on space satellites? Defense, travel, agriculture, weather forecasting, mobile phones and broadband, commerce...the list seems endless. But what would our live be like if the unimaginable happened and, by accident or design, those space assets disappeared? Sky Alert! explores what our world would be like, looking in turn at areas where the loss could have catastrophic effects. The book - demonstrates our dependence on space technology and satellites; - outlines the effect on our economy, defense, and daily lives if satellites and orbiting spacecraft were destroyed; - illustrates the danger of dead satellites, spent rocket stages, and space debris colliding with a functioning satellites; - demonstrates the threat of dramatically increased radiation levels associated with geomagnetic storms; - introduces space as a potential area of conflict between nations.

  4. Encryption protection for communication satellites

    Science.gov (United States)

    Sood, D. R.; Hoernig, O. W., Jr.

    In connection with the growing importance of the commercial communication satellite systems and the introduction of new technological developments, users and operators of these systems become increasingly concerned with aspects of security. The user community is concerned with maintaining confidentiality and integrity of the information being transmitted over the satellite links, while the satellite operators are concerned about the safety of their assets in space. In response to these concerns, the commercial satellite operators are now taking steps to protect the communication information and the satellites. Thus, communication information is being protected by end-to-end encryption of the customer communication traffic. Attention is given to the selection of the NBS DES algorithm, the command protection systems, and the communication protection systems.

  5. Mutual Fund Performances of Polish Domestic Equity Fund Managers

    OpenAIRE

    Tan, Ömer Faruk; Ünal, Gözde

    2015-01-01

    Purpose of the article: The main purpose of the paper is empirically evaluating selectivity skills and market timing ability of Polish fund managers during the period from January 2009 to November 2014. After the global financial crisis of 2008, in this period of quantitative easing (QE), thanks to an increase in the money supply, a capital flow from developed countries to developing countries was observed. In this study, we try to analyse that although the financial market in Pol...

  6. Polar-Orbiting Satellite (POES) Images

    Data.gov (United States)

    National Oceanic and Atmospheric Administration, Department of Commerce — Visible and Infrared satellite imagery taken from camera systems or radiometer instruments on satellites in orbit around the poles. Satellite campaigns include...

  7. 37 CFR 360.10 - General.

    Science.gov (United States)

    2010-07-01

    ....10 Patents, Trademarks, and Copyrights COPYRIGHT ROYALTY BOARD, LIBRARY OF CONGRESS SUBMISSION OF ROYALTY CLAIMS FILING OF CLAIMS TO ROYALTY FEES COLLECTED UNDER COMPULSORY LICENSE Satellite Claims § 360... to be entitled to compulsory license royalty fees for secondary transmissions by satellite carriers...

  8. CASTOR: Cathode/Anode Satellite Thruster for Orbital Repositioning

    Science.gov (United States)

    Mruphy, Gloria A.

    2010-01-01

    The purpose of CASTOR (Cathode/Anode Satellite Thruster for Orbital Repositioning) satellite is to demonstrate in Low Earth Orbit (LEO) a nanosatellite that uses a Divergent Cusped Field Thruster (DCFT) to perform orbital maneuvers representative of an orbital transfer vehicle. Powered by semi-deployable solar arrays generating 165W of power, CASTOR will achieve nearly 1 km/s of velocity increment over one year. As a technology demonstration mission, success of CASTOR in LEO will pave the way for a low cost, high delta-V orbital transfer capability for small military and civilian payloads in support of Air Force and NASA missions. The educational objective is to engage graduate and undergraduate students in critical roles in the design, development, test, carrier integration and on-orbit operations of CASTOR as a supplement to their curricular activities. This program is laying the foundation for a long-term satellite construction program at MIT. The satellite is being designed as a part of AFRL's University Nanosatellite Program, which provides the funding and a framework in which student satellite teams compete for a launch to orbit. To this end, the satellite must fit within an envelope of 50cmx50cmx60cm, have a mass of less than 50kg, and meet stringent structural and other requirements. In this framework, the CASTOR team successfully completed PDR in August 2009 and CDR in April 2010 and will compete at FCR (Flight Competition Review) in January 2011. The complexity of the project requires implementation of many systems engineering techniques which allow for development of CASTOR from conception through FCR and encompass the full design, fabrication, and testing process.

  9. Theory of satellite geodesy applications of satellites to geodesy

    CERN Document Server

    Kaula, William M

    2000-01-01

    The main purpose of this classic text is to demonstrate how Newtonian gravitational theory and Euclidean geometry can be used and developed in the earth's environment. The second is to collect and explain some of the mathematical techniques developed for measuring the earth by satellite.Book chapters include discussions of the earth's gravitational field, with special emphasis on spherical harmonies and the potential of the ellipsoid; matrices and orbital geometry; elliptic motion, linear perturbations, resonance, and other aspects of satellite orbit dynamics; the geometry of satellite obser

  10. Open-end Investment Funds in Croatia

    Directory of Open Access Journals (Sweden)

    Bojan Morić Milovanović

    2006-03-01

    Full Text Available This work discusses investment funds in Croatia, with a particular emphasis on openend investment funds. After a short review of the development of the funds, the perception of the funds is analysed, as are the trends in total assets and in average yields. The degree of concentration of open-end investment funds is shown with statistical measures of concentration (the Gini Coefficient, the Lorenz Curve and concentration ratios. All these indicators show that the concentration is moderate to strong. The greatest yields are given by the equity funds, but these are also the most risky.

  11. Program development fund: FY 1987

    Energy Technology Data Exchange (ETDEWEB)

    1989-03-01

    It is the objective of the Fund to encourage innovative research to maintain the Laboratory's position at the forefront of science. Funds are used to explore new ideas and concepts that may potentially develop into new directions of research for the Laboratory and that are consistent with the major needs, overall goals, and mission of the Laboratory and the DOE. The types of projects eligible for support from PDF include: work in forefront areas of science and technology for the primary purpose of enriching Laboratory research and development capabilities; advanced study of new hypotheses, new experimental concepts, or innovative approaches to energy problems; experiments directed toward ''proof of principle'' or early determination of the utility of a new concept; and conception, design analyses, and development of experimental devices, instruments, or components. This report is a review of these research programs.

  12. Governance of pension funds: interlocking and compensation of Australian superannuation fund boards

    OpenAIRE

    Ooi, Elizabeth Meishan

    2017-01-01

    This thesis documents the incidence and determinants of board interlocking (where directors simultaneously sit on multiple boards) in pension funds and examines its effect on fund performance. It also investigates the determinants of pension fund director compensation. The motivation to examine these issues stems from the distinctive interlocking and compensation practices in pension funds. Data on a sample of 249 Australian pension funds from 2004 to 2011 is collected from fund documents ...

  13. VLBI Observations of Geostationary Satellites

    Science.gov (United States)

    Artz, T.; Nothnagel, A.; La Porta, L.

    2013-08-01

    For a consistent realization of a Global Geodetic Observing System (GGOS), a proper tie between the individual global reference systems used in the analysis of space-geodetic observations is a prerequisite. For instance, the link between the terrestrial, the celestial and the dynamic reference system of artificial Earth orbiters may be realized by Very Long O Baseline Interferometry (VLBI) observations of one or several satellites. In the preparation phase for a dedicated satellite mission, one option to realize this is using a geostationary (GEO) satellite emitting a radio signal in X-Band and/or S-Band and, thus, imitating a quasar. In this way, the GEO satellite can be observed by VLBI together with nearby quasars and the GEO orbit can, thus, be determined in a celestial reference frame. If the GEO satellite is, e.g., also equipped with a GNSS-type transmitter, a further tie between GNSS and VLBI may be realized. In this paper, a concept for the generation of a radio signal is shown. Furthermore, simulation studies for estimating the GEO position are presented with a GEO satellite included in the VLBI schedule. VLBI group delay observations are then simulated for the quasars as well as for the GEO satellite. The analysis of the simulated observations shows that constant orbit changes are adequately absorbed by estimated orbit parameters. Furthermore, the post-fit residuals are comparable to those from real VLBI sessions.

  14. Security Concepts for Satellite Links

    Science.gov (United States)

    Tobehn, C.; Penné, B.; Rathje, R.; Weigl, A.; Gorecki, Ch.; Michalik, H.

    2008-08-01

    The high costs to develop, launch and maintain a satellite network makes protecting the assets imperative. Attacks may be passive such as eavesdropping on the payload data. More serious threat are active attacks that try to gain control of the satellite, which may lead to the total lost of the satellite asset. To counter these threats, new satellite and ground systems are using cryptographic technologies to provide a range of services: confidentiality, entity & message authentication, and data integrity. Additionally, key management cryptographic services are required to support these services. This paper describes the key points of current satellite control and operations, that are authentication of the access to the satellite TMTC link and encryption of security relevant TM/TC data. For payload data management the key points are multi-user ground station access and high data rates both requiring frequent updates and uploads of keys with the corresponding key management methods. For secure satellite management authentication & key negotiation algorithms as HMAC-RIPEMD160, EC- DSA and EC-DH are used. Encryption of data uses algorithms as IDEA, AES, Triple-DES, or other. A channel coding and encryption unit for payload data provides download data rates up to Nx250 Mbps. The presented concepts are based on our experience and heritage of the security systems for all German MOD satellite projects (SATCOMBw2, SAR-Lupe multi- satellite system and German-French SAR-Lupe-Helios- II systems inter-operability) as well as for further international (KOMPSAT-II Payload data link system) and ESA activities (TMTC security and GMES).

  15. Satellite communications principles and applications

    CERN Document Server

    Calcutt, David

    1994-01-01

    Satellites are increasingly used for global communications, as well as for radio and television transmissions. With the growth of mobile communications, and of digital technology, the use of satellite systems is set to expand substantially and already all students of electronics or communications engineering must study the subject.This book steers a middle path between offering a basic understanding of the process of communication by satellite and the methodology used; and the extensive mathematical analysis normally adopted in similar texts. It presents the basic concepts, using as mu

  16. Absence of satellites of asteroids

    International Nuclear Information System (INIS)

    Gehrels, T.; Drummond, J.D.; Levenson, N.A.

    1987-01-01

    The absence of satellites within 0.1-7.0 arcmin of minor planets noted in the present CCD imaging survey is judged consistent with previous theoretical studies of collisions in which it is held that satellites would have to be larger than about 30 km in order to be collisionally stable. In view of tidal stability, the only main belt asteroid satellites which could conceivably possess stability over eons are near-contact binaries. Any recent collisional debris would be chaotic and collisionally unstable. 15 references

  17. 23 CFR 650.413 - Funding.

    Science.gov (United States)

    2010-04-01

    ... HIGHWAY ADMINISTRATION, DEPARTMENT OF TRANSPORTATION ENGINEERING AND TRAFFIC OPERATIONS BRIDGES, STRUCTURES, AND HYDRAULICS Highway Bridge Replacement and Rehabilitation Program § 650.413 Funding. (a) Funds authorized for carrying out the Highway Bridge Replacement and Rehabilitation Program are available for...

  18. 2001-2008 BBG Funding Overview

    Data.gov (United States)

    Broadcasting Board of Governors — This dataset presents BBG funding by Agency component for the period between FY 2001 and FY 2008. The data covers funding for each BBG broadcasting entity and for...

  19. Federal Funding Accountability and Transparency Act

    Science.gov (United States)

    Public Law 109-282, the Federal Funding Accountability and Transparency Act of 2006 as amended (FFATA), requires disclosure of all entities and organizations receiving Federal funds through a single publicly accessible website.

  20. Securing decommissioning funds. Why organization matters?

    International Nuclear Information System (INIS)

    Tchapga, F.

    2005-01-01

    Full text: Securing decommissioning funds requires that the financial resources set aside for the purpose of decommissioning be managed prudently. Decommissioning of nuclear power plant is prescribed by National Atomic Laws or by other nuclear legislation. It is a mandatory operation. The operators of nuclear power plants set money aside for that purpose. This is known as 'Decommissioning reserve fund'. Decommissioning implies costs very distant in time. Thus, it is obvious, from an economic point of view, that the funds set aside should be managed. As decommissioning is mandatory, the funds accumulated should be secured. In others words, they should be available when needed. Availability of funds is influenced by endogenous and exogenous factors. Endogenous factors are a matter of design of the reserve funds. They include the management of the funds, its monitoring and control... Availability of funds is influenced by these factors, depending on the rules to which the behaviour of the manager of the funds is subjected. In contrast, exogenous factors deal with the energy context. These factors are mainly the electricity sector organisation and/or the overall economic situation. They are decisive factors of the economic performance of the reserve fund for a given design. Therefore, the requirement of availability of funds, when needed, is a matter of compatibility between the design of the decommissioning funds and the electricity context. Put differently, reserve fund's design need to be consistent with the electricity context's features in respect of the availability of funds. Current reserve funds were designed in a context of monopoly regime. In this context, availability of decommissioning funds was not questionable. At least, as far as the design of the reserve funds is concerned. This is because nuclear generator didn't confront any competition pressure. Electricity prices were set trough rate base mechanism, and all the business risks were borne by the

  1. 7 CFR 240.10 - Unobligated funds.

    Science.gov (United States)

    2010-01-01

    ... than 30 days following demand by FNS. Release of funds shall be reflected by a related adjustment in the State agency's Letter of Credit where appropriate or payment by State check where the funds have...

  2. Mutual Fund Flight-to-Liquidity

    DEFF Research Database (Denmark)

    Rzeznik, Aleksandra

    This paper examines the liquidity choices of mutual funds during times of market uncertainty. I find that when markets are uncertain, mutual funds actively increase the liquidity of their portfolio – often referred to as a ‘flight-to-liquidity.’ In aggregate, mutual fund behaviour has implications...... for the market; the market driven flight-toliquidity places upward pressure on the liquidity premium. I examine the underlying mechanisms driving fund behaviour. I show that market volatility is associated with lower fund performance and withdrawals, which causes funds to adjust the composition...... of their portfolio towards more liquid assets in order to meet potential redemptions. This causal chain is consistent with Vayanos (2004), who argues that fund managers are investors with time-varying liquidity preferences due to threat of withdrawal. Aggregated over funds, the effect is substantial: a one standard...

  3. Mutual Fund Flight-to-Liquidity

    DEFF Research Database (Denmark)

    Rzeznik, Aleksandra

    This paper examines the liquidity choices of mutual funds during times of market uncertainty. I find that when markets are uncertain, mutual funds actively increase the liquidity of their portfolio { often referred to as a `flight-to-liquidity.' In aggregate, mutual fund behaviour has implications...... for the market; the market driven flight-toliquidity places upward pressure on the liquidity premium. I examine the underlying mechanisms driving fund behaviour. I show that market volatility is associated with lower fund performance and withdrawals, which causes funds to adjust the composition...... of their portfolio towards more liquid assets in order to meet potential redemptions. This causal chain is consistent with Vayanos (2004), who argues that fund managers are investors with time-varying liquidity preferences due to threat of withdrawal. Aggregated over funds, the effect is substantial: a one standard...

  4. Development of funding project risk management tools.

    Science.gov (United States)

    2013-11-01

    Funding project risk management is a process for identifying, assessing, and prioritizing project funding risks. To plan to : minimize or eliminate the impact of negative events, one must identify what projects have higher risk to respond to potentia...

  5. Cancer Moonshot Funding Obligations FY 2017

    Science.gov (United States)

    NCI reports Cancer Moonshot obligations by funding mechanism. See obligations for Moonshot grants, intramural research, and contracts, including the number of grant awards, funding amounts, and percentages by mechanism of the total Cancer Moonshot budget.

  6. Clean Water State Revolving Fund Infographic

    Science.gov (United States)

    Infographic of the CWSRF program showing total project funding from 1987 through 2015, number of loans, how the program works, who is eligible for assistance, types of projects funded, and return on federal investment.

  7. Drinking Water State Revolving Fund Infographic

    Science.gov (United States)

    Infographic of the DWSRF program showing total project funding from 1997 through 2016, number of loans, how the program works, who is eligible for assistance, loan terms; types of projects funded, and return on federal investment.

  8. Mutual funds: temporary problem or permanent morass?

    OpenAIRE

    Paula A. Tkac

    2004-01-01

    The improprieties in the mutual fund industry that surfaced in the fall of 2003 prompted the passage and drafting of legislation and regulations that cover nearly every facet of mutual fund pricing and operations. While this regulatory flurry is clearly intended to protect shareholders’ interests, the question remains: How will these scandals and regulatory changes ultimately affect mutual fund investors? ; When considering the problems inherent in mutual fund management and the best ways to ...

  9. Optimizing retirement funds : an institutional perspective

    OpenAIRE

    2012-01-01

    M.Comm. Pension funds have risen to great prominence in the last two decades because they provide a service that fits the needs of individuals. The community at large are rapidly accepting and demanding facilities for proper retirement planning. Employees contribute towards retirement funds and their contributions are tax deductible while taxable to the employee upon retirement, generally at a lower rate. The employer, who has instituted the retirement fund, owes the fund because the emplo...

  10. Hedge Funds as Investors of Last Resort?

    OpenAIRE

    David J. Brophy; Paige P. Ouimet; Clemens Sialm

    2009-01-01

    Hedge funds have become important investors in public companies raising equity privately. Hedge funds tend to finance companies that have poor fundamentals and pronounced information asymmetries. To compensate for these shortcomings, hedge funds protect themselves by requiring substantial discounts, negotiating repricing rights, and entering into short positions of the underlying stocks. We find that companies that obtain financing from hedge funds significantly underperform companies that ob...

  11. Comparison of investment opportunities in mutual funds

    OpenAIRE

    NOVÁKOVÁ, Petra

    2012-01-01

    This thesis deals with the comparison of selected mutual funds in the Czech Republic. The main aim of this thesis is to evaluate the situation on the securities market of mutual funds and help to the investor with right choice of mutual fund. Work is initially devoted to the characteristics and history of collective investment. The following section describes mutual funds their characteristics, classification, creation and termination. Conclusion of the theoretical part is devoted to investme...

  12. Liquidity Hoarding and Inefficient Abundant Funding

    OpenAIRE

    Enisse Kharroubi

    2015-01-01

    This paper studies banks’ choice between building liquidity buffers and raising funding ex post to deal with reinvestment shocks. We uncover the possibility of an inefficient liquidity squeeze equilibrium when ex post funding is abundant. In the model, banks typically build larger liquidity buffers when they expect funding to be expensive. However, when banks hold larger liquidity buffers, pledgeable income is larger and they hence can raise more funding, which in the aggregate raises the fun...

  13. Can Chinese Mutual Fund Time Market Liquidity?

    OpenAIRE

    LI, Xiaoqing

    2012-01-01

    Extant researches have focused on mutual fund managers’ ability to time market returns or volatility. In this paper, the author offers a new perspective on the traditional timing issue by examining Chinese fund managers’ liquidity timing ability. Using the Chinese mutual fund database, the author finds little evidence that over the period from 2004 to 2012, fund managers cannot demonstrate the ability to time market liquidity in China, i.e., increase (reduce) market exposure in anticipation o...

  14. Do Hedge Funds Supply or Demand Liquidity?

    OpenAIRE

    Petri Jylhä; Kalle Rinne; Matti Suominen

    2014-01-01

    Regressing hedge funds’ returns on returns to a long–short contrarian trading strategy, a measure of the returns from providing liquidity, we find that hedge funds typically supply liquidity in the stock market. In the cross-section, strict redemption restrictions and large fund size increase funds’ propensity to supply liquidity. In time series, poor market liquidity and good funding conditions increase funds’ propensity to supply liquidity. Although the hedge funds typically supply liquidit...

  15. Improvement of Classification of Enterprise Circulating Funds

    OpenAIRE

    Rohanova Hanna O.

    2014-01-01

    The goal of the article lies in revelation of possibilities of increase of efficiency of managing enterprise circulating funds by means of improvement of their classification features. Having analysed approaches of many economists to classification of enterprise circulating funds, systemised and supplementing them, the article offers grouping classification features of enterprise circulating funds. In the result of the study the article offers an expanded classification of circulating funds, ...

  16. Fund managers’ contracts and short-termism

    OpenAIRE

    Casamatta, Catherine; Pouget, Sébastien

    2009-01-01

    This paper considers the problem faced by long-term investors who have to delegate the management of their money to professional fund managers. Investors can earn profits if fund managers collect long-term information. We investigate to what extent the delegation of fund management prevents long-term information acquisition, inducing short-termism. We also study the design of long-term fund managers' compensation contracts. Absent moral hazard, short-termism arises only because of the cost...

  17. Market conditions and hedge fund survival

    OpenAIRE

    Mark A. Carlson; Jason Steinman

    2008-01-01

    As the hedge fund industry has grown, there has been increased concern that, during sharp market moves, hedge fund failures could exacerbate the deterioration in financial conditions and deepen a crisis. However, there has not been much formal analysis regarding the impact of financial market conditions on hedge fund survival. To help fill this gap, this paper examines the relationship between financial market conditions and the likelihood of hedge fund failure after controlling for performan...

  18. The evolution and regulation of hedge funds.

    OpenAIRE

    Crockett, A.

    2007-01-01

    Hedge funds have attracted increased attention in recent years. In part, this is because investment in hedge funds is becoming “mainstream”. A wider range of investors has sought exposure to these investment vehicles, and this has been associated with rapid growth in both the number of funds and the volume of assets under management. In part, too, greater attention has been the result of worries that hedge funds could in some circumstances exert a destabilizing infl uence. With the growth in ...

  19. Sources of funding for community schemes

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1999-11-01

    There is an increasing level of interest amongst community groups in the UK to become involved in the development of renewable energy schemes. Often however these community groups have only limited funds of their own, so any additional funds that can be identified to help fund their renewable energy scheme can be very useful. There are a range of funding sources available that provide grants or loans for which community groups are eligible to apply. Few of these funding sources are targeted towards renewable energy specifically, nevertheless the funds may be applicable to renewable energy schemes under appropriate circumstances. To date, however, few of these funds have been accessed by community groups for renewable energy initiatives. One of the reasons for this low take-up of funds on offer could be that the funding sources may be difficult and time-consuming to identify, especially where the energy component of the fund is not readily apparent. This directory draws together details about many of the principal funding sources available in the UK that may consider providing funds to community groups wanting to develop a renewable energy scheme. (author)

  20. 36 CFR 330.7 - Funding.

    Science.gov (United States)

    2010-07-01

    ... § 330.7 Funding. (a) Section 330.3(c) sets forth the maximum authorized funds for law enforcement contracting in FY 1978 and FY 1979. The Division funding levels for FY 1978 are based on information as... Parks, Forests, and Public Property CORPS OF ENGINEERS, DEPARTMENT OF THE ARMY REGULATION OF LAW...

  1. 24 CFR 115.306 - Training funds.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 1 2010-04-01 2010-04-01 false Training funds. 115.306 Section 115.306 Housing and Urban Development Regulations Relating to Housing and Urban Development OFFICE OF... receive training funds. Training funds are fixed amounts based on the number of agency employees to be...

  2. The Persistence of Mutual Fund Performance.

    OpenAIRE

    Grinblatt, Mark; Titman, Sheridan

    1992-01-01

    This paper analyzes how mutual fund performance relates to past performance. These tests are based on a multiple portfolio benchmark that was formed on the basis of securities characteristics. The authors find evidence that differences in performance between funds persist over time and that this persistence is consistent with the ability of fund managers to earn abnormal returns. Copyright 1992 by American Finance Association.

  3. 34 CFR 668.162 - Requesting funds.

    Science.gov (United States)

    2010-07-01

    ... Secretary, the Secretary may provide funds to an institution under the advance, reimbursement, just-in-time, or cash monitoring payment methods. (2) Each time an institution requests funds from the Secretary... received those funds. (c) Just-in-time payment method. Under the just-in-time payment method— (1) For each...

  4. A Brief History of California School Funding

    Science.gov (United States)

    Canfield, Jacquie

    2013-01-01

    In January 2013, the governor proposed a new funding model for California school districts called the Local Control Funding Formula. As the Legislature debates the proposed new funding model for schools, which is expected to start in the 2013-14 fiscal year, the author thought it would be a good time for a history lesson in California school…

  5. The peer performance ratios of hedge funds

    NARCIS (Netherlands)

    Ardia, David; Boudt, Kris

    2018-01-01

    We define the outperformance (resp. underperformance) of an investment fund as the percentage of funds in the peer universe for which the true performance of the focal fund is higher (resp. lower). We show that the p–values of the pairwise tests of equal performance can be used to obtain estimates

  6. 78 FR 65341 - Discretionary Grant Funds

    Science.gov (United States)

    2013-10-31

    ... Deviation: Non-Competitive Expansion Supplement Funds to the Healthcare Systems Bureau (HSB). SUMMARY: HRSA... of the Non-Competitive Award: $126,144. CFDA Number: 93.253. Period of Supplemental Funding: 10/1... period that is due to end August 31, 2014. The funding was based on providing services to 50 percent of...

  7. 7 CFR 3430.205 - Funding restrictions.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 15 2010-01-01 2010-01-01 false Funding restrictions. 3430.205 Section 3430.205... Funding restrictions. (a) Prohibition against construction. Funds made available under this subpart shall not be used for the construction of a new building or facility or the acquisition, expansion...

  8. A National Nuclear Fund was created

    International Nuclear Information System (INIS)

    Svolik, S.

    2006-01-01

    National Nuclear Fund for Decommissioning of the Nuclear Equipment and for Treatment of the Spent Nuclear Fuel and Radio Active Wastes - this is the full name of the newly established fund, because the State Fund of Liquidation of the Nuclear and Energetic Equipment has been cancelled by course of law. (author)

  9. Current Developments in Community College Performance Funding

    Science.gov (United States)

    D'Amico, Mark M.; Friedel, Janice N.; Katsinas, Stephen G.; Thornton, Zoë M.

    2014-01-01

    Since the initiation of performance funding in Tennessee in the late 1970s, approximately 30 states have, at some point, attempted a funding model that includes performance on a set of indicators. The purpose of the present study was to capture the current status of performance funding in public statewide community college systems and to assess…

  10. 24 CFR 401.472 - Rehabilitation funding.

    Science.gov (United States)

    2010-04-01

    ... (MARK-TO-MARKET) Restructuring Plan § 401.472 Rehabilitation funding. (a) Sources of funds—(1) Project... has determined that funding from this source is available. (b) Statutory restrictions. Any... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Rehabilitation funding. 401.472...

  11. Performance control of Chinese investment funds

    NARCIS (Netherlands)

    Cao, X.

    2002-01-01

    The performance control of investment funds has long been a discussed focal point by both academics and practitioners because of the ready availability of fund data and the importance of fund performance in attracting investors. Unfortunately, this area was still an almost blank space in the Chinese

  12. Mutual fund volatility timing and management fees

    NARCIS (Netherlands)

    Giambona, E.; Golec, J.

    2009-01-01

    This paper shows that compensation incentives partly drive fund managers’ market volatility timing strategies. Larger incentive management fees lead to less counter-cyclical or more pro-cyclical volatility timing. But fund styles or aggregate fund flows could also account for this relation;

  13. 75 FR 10059 - Money Market Fund Reform

    Science.gov (United States)

    2010-03-04

    ... contain adverse effects on the capital markets and other money market funds. In addition, throughout the... acquisition of second tier securities by money market funds might have a negative effect on those issuers of...; Treasury Strategies Comment Letter. Commenters asserted that eliminating money market funds' ability to...

  14. 75 FR 9120 - Electronic Fund Transfers

    Science.gov (United States)

    2010-03-01

    ... FEDERAL RESERVE SYSTEM 12 CFR Part 205 [Regulation E; Docket No. R-1343] Electronic Fund Transfers... implements the Electronic Fund Transfer Act, and the official staff commentary to the regulation. The final..., the Board adopted a final rule under Regulation E, which implements the Electronic Fund Transfer Act...

  15. 40 CFR 35.272 - Funding coordination.

    Science.gov (United States)

    2010-07-01

    ... 40 Protection of Environment 1 2010-07-01 2010-07-01 false Funding coordination. 35.272 Section 35.272 Protection of Environment ENVIRONMENTAL PROTECTION AGENCY GRANTS AND OTHER FEDERAL ASSISTANCE....272 Funding coordination. Recipients must use the lead-based paint program funding in a way that...

  16. 40 CFR 35.691 - Funding coordination.

    Science.gov (United States)

    2010-07-01

    ... 40 Protection of Environment 1 2010-07-01 2010-07-01 false Funding coordination. 35.691 Section 35.691 Protection of Environment ENVIRONMENTAL PROTECTION AGENCY GRANTS AND OTHER FEDERAL ASSISTANCE...(g)) § 35.691 Funding coordination. Recipients must use the Lead-Based Paint program funding in a way...

  17. Satellite tracking of threatened species

    Science.gov (United States)

    Williams, M.; Lunsford, A.; Ellis, D.; Robinson, J.; Coronado, P.; Campbell, W.

    1998-01-01

    In 1990, a joint effort of two U.S. federal agencies, NASA Goddard Space Flight Center (GSFC) and the Patuxent Wildlife Research Center, began. We initially joined forces in a project that used satellite telemetry to discover the winter home of a tiny dwindling population of Siberian Cranes. Since then several projects have emerged, and a web site was created to follow some of these activities. This web site is called the Satellite Tracking of Threatened Species and its location is http://sdcd.gsfc.nasa.gov/ISTO/satellite_tracking. It describes the overall program, and links you to three subsections that describe the projects in more detail: Satellite Direct Readout, Birdtracks, and Birdworld.

  18. Commercial satellite broadcasting for Europe

    Science.gov (United States)

    Forrest, J. R.

    1988-12-01

    A review is presented of the current television broadcasting situation in European countries, which involves a varied mix of terrestrial VHF or UHF systems and cable networks. A small market has emerged in Europe for receivers using the low-power telecommunications satellite transmission between the program providers and cable network companies. This is expected to change with the launch of medium-power pan-European telecommunication satellites (e.g. ASTRA, EUTELSAT II), which are now directly addressing the market of home reception. DBS (direct broadcast satellite) in the UK, using the D-MAC transmission standard, will offer three additional television channels, data broadcasting services, and a planned evolution to compatible forms of wide-screen, high-definition television. Comments are given on receiver and conditional access system standardization. Some views are expressed on satellite broadcasting as part of an overall broadcasting framework for the future.

  19. Small Satellite Mechanical Design Experience

    OpenAIRE

    Meyers, Stewart

    1993-01-01

    The design approach used and the experience gained in the building of four small satellite payloads is explained. Specific recommendations are made and the lessons learned on the SAMPEX program are detailed.

  20. Sea Turtle Satellite Telemetry Data

    Data.gov (United States)

    National Oceanic and Atmospheric Administration, Department of Commerce — Sea turtles captured in various fishing gear (pound nets, long haul seines, gill nets) were outfitted with satellite transmitters so that their movements, migratory...