Abstract: This study examines causal link between energy use and economic growth for five South Asian countries over period 1971-2006. Panel cointegration, ECM and FMOLS are applied for short and long run estimates. In short run unidirectional causality from per capita GDP to per capita energy consumption is found, but not vice versa. In long run one percent increase in per capita energy consumption tend to decrease 0.13 percent per capita GDP. i.e. Energy use discourage economic growth. This short and long run relationship indicate energy shortage crisis in South Asia due to increased energy use coupled with insufficient energy supply. Beside this long run estimated coefficient of error term suggest that short term adjustment to equilibrium are driven by adjustment back to long run equilibrium. Moreover, per capita energy consumption is responsive to adjustment back to equilibrium and it takes 59 years approximately. It specifies long run feedback between both variables.
Abstract: Little attention has been paid to information
transmission between the portfolios of large stocks and small stocks in the Korean stock market. This study investigates the return and volatility transmission mechanisms between large and small stocks in
the Korea Exchange (KRX). This study also explores whether bad news in the large stock market leads to a volatility of the small stock
market that is larger than the good news volatility of the large stock market. By employing the Granger causality test, we found
unidirectional return transmissions from the large stocks to medium
and small stocks. This evidence indicates that pat information about
the large stocks has a better ability to predict the returns of the medium and small stocks in the Korean stock market. Moreover, by using the
asymmetric GARCH-BEKK model, we observed the unidirectional relationship of asymmetric volatility transmission from large stocks to
the medium and small stocks. This finding suggests that volatility in
the medium and small stocks following a negative shock in the large
stocks is larger than that following a positive shock in the large stocks.
Abstract: This article provides empirical evidence on the effect
of domestic and international factors on the U.S. current account
deficit. Linear dynamic regression and vector autoregression models
are employed to estimate the relationships during the period from 1986
to 2011. The findings of this study suggest that the current and lagged
private saving rate and foreign current account for East Asian
economies have played a vital role in affecting the U.S. current
account. Additionally, using Granger causality tests and variance
decompositions, the change of the productivity growth and foreign
domestic demand are determined to influence significantly the change
of the U.S. current account. To summarize, the empirical relationship
between the U.S. current account deficit and its determinants is
sensitive to alternative regression models and specifications.
Abstract: The aim of this paper is to propose a mathematical
model to determine invariant sets, set covering, orbits and, in
particular, attractors in the set of tourism variables. Analysis was
carried out based on a pre-designed algorithm and applying our
interpretation of chaos theory developed in the context of General
Systems Theory. This article sets out the causal relationships
associated with tourist flows in order to enable the formulation of
appropriate strategies. Our results can be applied to numerous cases.
For example, in the analysis of tourist flows, these findings can be
used to determine whether the behaviour of certain groups affects that
of other groups and to analyse tourist behaviour in terms of the most
relevant variables. Unlike statistical analyses that merely provide
information on current data, our method uses orbit analysis to
forecast, if attractors are found, the behaviour of tourist variables in
the immediate future.
Abstract: This paper discusses the development of a qualitative
simulator (abbreviated QRiOM) for predicting the behaviour of
organic chemical reactions. The simulation technique is based on the
qualitative process theory (QPT) ontology. The modelling constructs
of QPT embody notions of causality which can be used to explain the
behaviour of a chemical system. The major theme of this work is
that, in a qualitative simulation environment, students are able to
articulate his/her knowledge through the inspection of explanations
generated by software. The implementation languages are Java and
Prolog. The software produces explanation in various forms that
stresses on the causal theories in the chemical system which can be
effectively used to support learning.
Abstract: The study investigates the causal link between trade
openness and economic growth for four South Asian countries for
period 1972-1985 and 1986-2007 to examine the scenario before and
after the implementation of SAARC. Panel cointegration and
FMOLS techniques are employed for short run and long run
estimates. In 1972-85 short run unidirectional causality from GDP to
openness is found whereas, in 1986-2007 there exists bi-directional
causality between GDP and openness. The long run elasticity
magnitude between GDP and openness contains negative sign in
1972-85 which shows that there exists long run negative relationship.
While in time period 1986-2007 the elasticity magnitude has positive
sign that indicates positive causation between GDP and openness. So
it can be concluded that after the implementation of SAARC overall
situation of selected countries got better. Also long run coefficient of
error term suggests that short term equilibrium adjustments are driven
by adjustment back to long run equilibrium.
Abstract: Complex engineering design problems consist of
numerous factors of varying criticalities. Considering fundamental features of design and inferior details alike will result in an extensive
waste of time and effort. Design parameters should be introduced gradually as appropriate based on their significance relevant to the
problem context. This motivates the representation of design parameters at multiple levels of an abstraction hierarchy. However, developing abstraction hierarchies is an area that is not well
understood. Our research proposes a novel hierarchical abstraction methodology to plan effective engineering designs and processes. It
provides a theoretically sound foundation to represent, abstract and stratify engineering design parameters and tasks according to causality and criticality. The methodology creates abstraction
hierarchies in a recursive and bottom-up approach that guarantees no
backtracking across any of the abstraction levels. The methodology consists of three main phases, representation, abstraction, and layering to multiple hierarchical levels. The effectiveness of the
developed methodology is demonstrated by a design problem.
Abstract: The Expert Witness Testimony in the Battered
Woman Syndrome Expert witness testimony (EWT) is a kind of
information given by an expert specialized in the field (here in BWS)
to the jury in order to help the court better understand the case. EWT
does not always work in favor of the battered women. Two main
decision-making models are discussed in the paper: the Mathematical
model and the Explanation model. In the first model, the jurors
calculate ″the importance and strength of each piece of evidence″
whereas in the second model they try to integrate the EWT with the
evidence and create a coherent story that would describe the crime.
The jury often misunderstands and misjudges battered women for
their action (or in this case inaction). They assume that these women
are masochists and accept being mistreated for if a man abuses a
woman constantly, she should and could divorce him or simply leave
at any time. The research in the domain found that indeed, expert
witness testimony has a powerful influence on juror’s decisions thus
its quality needs to be further explored. One of the important factors
that need further studies is a bias called the dispositionist worldview
(a belief that what happens to people is of their own doing). This
kind of attributional bias represents a tendency to think that a
person’s behavior is due to his or her disposition, even when the
behavior is clearly attributed to the situation. Hypothesis The
hypothesis of this paper is that if a juror has a dispositionist
worldview then he or she will blame the rape victim for triggering the
assault. The juror would therefore commit the fundamental
attribution error and believe that the victim’s disposition caused the
rape and not the situation she was in. Methods The subjects in the
study were 500 randomly sampled undergraduate students from
McGill, Concordia, Université de Montréal and UQAM.
Dispositional Worldview was scored on the Dispositionist
Worldview Questionnaire. After reading the Rape Scenarios, each
student was asked to play the role of a juror and answer a
questionnaire consisting of 7 questions about the responsibility,
causality and fault of the victim. Results The results confirm the
hypothesis which states that if a juror has a dispositionist worldview
then he or she will blame the rape victim for triggering the assault.
By doing so, the juror commits the fundamental attribution error
because he will believe that the victim’s disposition, and not the
constraints or opportunities of the situation, caused the rape scenario.
Abstract: We study a new technique for optimal data compression
subject to conditions of causality and different types of memory. The
technique is based on the assumption that some information about
compressed data can be obtained from a solution of the associated
problem without constraints of causality and memory. This allows
us to consider two separate problem related to compression and decompression
subject to those constraints. Their solutions are given
and the analysis of the associated errors is provided.
Abstract: Erroneous computer entry problems [here: 'e'errors] in hospital labs threaten the patients-–health carers- relationship, undermining the health system credibility. Are e-errors random, and do lab professionals make them accidentally, or may they be traced through meaningful determinants? Theories on internal causality of mistakes compel to seek specific causal ascriptions of hospital lab eerrors instead of accepting some inescapability. Undeniably, 'To Err is Human'. But in view of rapid global health organizational changes, e-errors are too expensive to lack in-depth considerations. Yet, that efunction might supposedly be entrenched in the health carers- job description remains under dispute – at least for Hellenic labs, where e-use falls behind generalized(able) appreciation and application. In this study: i) an empirical basis of a truly high annual cost of e-errors at about €498,000.00 per rural Hellenic hospital was established, hence interest in exploring the issue was sufficiently substantiated; ii) a sample of 270 lab-expert nurses, technicians and doctors were assessed on several personality, burnout and e-error measures, and iii) the hypothesis that the Hardiness vs Alienation personality construct disposition explains resistance vs proclivity to e-errors was tested and verified: Hardiness operates as a resilience source in the encounter of high pressures experienced in the hospital lab, whereas its 'opposite', i.e., Alienation, functions as a predictor, not only of making e-errors, but also of leading to burn-out. Implications for apt interventions are discussed.
Abstract: High Performance Work Systems (HPWS) generally give rise to positive impacts on employees by increasing their commitments in workplaces. While some argued this actually have considerable negative impacts on employees with increasing possibilities of imposing strains caused by stress and intensity of such work places. Do stressful workplaces hamper employee commitment? The author has tried to find the answer by exploring linkages between HPWS practices and its impact on employees in Japanese organizations. How negative outcomes like job intensity and workplaces and job stressors can influence different forms of employees- commitments which can be a hindrance to their performance. Design: A close ended questionnaire survey was conducted amongst 16 large, medium and small sized Japanese companies from diverse industries around Chiba, Saitama, and Ibaraki Prefectures and in Tokyo from the month of October 2008 to February 2009. Questionnaires were aimed to the non managerial employees- perceptions of HPWS practices, their behavior, working life experiences in their work places. A total of 227 samples are used for analysis in the study. Methods: Correlations, MANCOVA, SEM Path analysis using AMOS software are used for data analysis in this study. Findings: Average non-managerial perception of HPWS adoption is significantly but negatively correlated to both work place Stressors and Continuous commitment, but positively correlated to job Intensity, Affective, Occupational and Normative commitments in different workplaces at Japan. The path analysis by SEM shows significant indirect relationship between Stressors and employee Affective organizational commitment and Normative organizational commitments. Intensity also has a significant indirect effect on Occupational commitments. HPWS has an additive effect on all the outcomes variables. Limitations: The sample size in this study cannot be a representative to the entire population of non-managerial employees in Japan. There were no respondents from automobile, pharmaceuticals, finance industries. The duration of the survey coincided in a period when Japan as most of the other countries is under going recession. Biases could not be ruled out completely. We must take cautions in interpreting the results of studies as they cannot be generalized. And the path analysis cannot provide the complete causality of the inter linkages between the variables used in the study. Originality: There have been limited studies on linkages in HPWS adoptions and their impacts on employees- behaviors and commitments in Japanese workplaces. This study may provide some ingredients for further research in the fields of HRM policies and practices and their linkages on different forms of employees- commitments.
Abstract: The interrelationship between international stock
markets has been a key study area among the financial market
researchers for international portfolio management and risk
measurement. The characteristics of security returns and their
dynamics play a vital role in the financial market theory. This study
is an attempt to find out the dynamic linkages among the equity
market of USA and emerging markets of Pakistan and India using
daily data covering the period of January 2003–December 2009. The
study utilizes Johansen (Journal of Economic Dynamics and Control,
12, 1988) and Johansen and Juselius (Oxford Bulletin of Economics
and Statistics, 52, 1990) cointegration procedure for long run
relationship and Granger-causality tests based on Toda and
Yamamoto (Journal of Econometrics, 66, 1995) methodology.
No cointegration was found among stock markets of USA, Pakistan
and India, while Granger-causality test showed the evidence of
unidirectional causality running from New York stock exchange to
Bombay and Karachi stock exchanges.
Abstract: This paper covers various aspects of the Internet film
piracy. In order to successfully deal with this matter, it is needed to
recognize and explain various motivational factors related to film
piracy. Thus, this study proposes groups of economical, sociopsychological
and other factors that could motivate individuals
to engage in pirate activities. The paper also studies the interactions
between downloaders and uploaders and offers the causality of the
motivational factors and its effects on the film industry.
Moreover, the study also focuses on proposed scheme of relations
of downloading movies and the possible effect on box office
revenues.
Abstract: A bond graph model of a hydroelectric plant is
proposed. In order to analyze the system some structural properties
of a bond graph are used. The structural controllability of
the hydroelctric plant is described. Also, the steady state of the
state variables applying the bond graph in a derivative causality
assignment is obtained. Finally, simulation results of the system
are shown.