Abstract: This paper applies recursive cointegration analysis to
examine the dynamic changes in Feldstein-Horioka saving-investment
(S-I) coefficients across China and the ASEAN-5 countries over time.
To the extent that the S-I coefficients measure international capital
mobility, the main empirical results are as follows. The recursive trace
statistics show that the investment- savings nexus varies in these six
countries. There is no cointegration between investment and savings in
three countries (China, Malaysia, and Singapore), which means that
the mobility of the capital markets in the three is high and that
domestic investment in them will be financed by the global pool of
capital. As to the other three countries (Indonesia, Thailand, and
Philippines), there is cointegration between investment and savings for
part of the sample period in the three, including before 2002 for
Thailand, before 2001 for Indonesia, and before 2002 for Philippines.
This shows these three countries achieved highly mobile and open
capital markets later.
Abstract: The process of human resources management in the structures of corporate groups demonstrates certain specificity, resulting from the division of decision-making and executive competencies, which occurs within these structures between a parent company and its subsidiaries. The subprocess of employee assessment is considered crucial, since it provides information for the implementation of personnel function. The empirical studies conducted in corporate groups, within which at least one company is located in Poland, confirmed the critical significance of employee assessment systems in the process of human resources management in corporate groups. Parent companies, most often, retain their decision-making authority within the framework of the discussed process and introduce uniform employee assessment and personnel controlling systems to subsidiary companies. However, the instruments for employee assessment applied in corporate groups do not present such specificity.
Abstract: In the last decades, psychological tests have been
gaining in popularity as a method used for evaluating personnel, and
they bring consulting companies solid profits rising by up to 10%
each year. The market is offering a growing range of tools for the
assessment of personality. Tests are used in organizations mainly in
the recruitment and selection of staff. This paper is an attempt to
initially diagnose the state of the use of psychological tests in Polish
companies on the basis of empirical research.
Abstract: Currently, there are few user friendly Weigh-in-
Motion (WIM) data analysis softwares available which can produce
traffic input data for the recently developed AASHTOWare pavement
Mechanistic-Empirical (ME) design software. However, these
softwares have only rudimentary Quality Control (QC) processes.
Therefore, they cannot properly deal with erroneous WIM data. As
the pavement performance is highly sensible to the quality of WIM
data, it is highly recommended to use more refined QC process on
raw WIM data to get a good result. This study develops a userfriendly
software, which can produce traffic input for the ME design
software. This software takes the raw data (Class and Weight data)
collected from the WIM station and processes it with a sophisticated
QC procedure. Traffic data such as traffic volume, traffic distribution,
axle load spectra, etc. can be obtained from this software; which can
directly be used in the ME design software.
Abstract: Rivers have transient storage or dead zones where
injected pollutants or solutes are entrapped for considerable period of
time, known as residence time, before being released into the main
flowing zones of rivers. In this study, a new empirical expression for
residence time, implementing genetic programming on published
dispersion data, has been derived. The proposed expression uses few
hydraulic and geometric characteristics of rivers which are normally
known to the authorities. When compared with some reported
expressions, based on various statistical indices, it can be concluded
that the proposed expression predicts the residence time of pollutants
in natural rivers more accurately.
Abstract: This study investigates how the site specific traffic
data differs from the Mechanistic Empirical Pavement Design
Software default values. Two Weigh-in-Motion (WIM) stations were
installed in Interstate-40 (I-40) and Interstate-25 (I-25) to developed
site specific data. A computer program named WIM Data Analysis
Software (WIMDAS) was developed using Microsoft C-Sharp (.Net)
for quality checking and processing of raw WIM data. A complete
year data from November 2013 to October 2014 was analyzed using
the developed WIM Data Analysis Program. After that, the vehicle
class distribution, directional distribution, lane distribution, monthly
adjustment factor, hourly distribution, axle load spectra, average
number of axle per vehicle, axle spacing, lateral wander distribution,
and wheelbase distribution were calculated. Then a comparative
study was done between measured data and AASHTOWare default
values. It was found that the measured general traffic inputs for I-40
and I-25 significantly differ from the default values.
Abstract: Financial literacy is a widely discussed topic on the
national and international level by governments, organizations and
academia. For this reason, this study analyses financial knowledge,
financial behavior, and financial attitudes of students of finance. The
aim of the paper is to determine whether the financial literacy of
university students studying finance differs from the level of financial
literacy in selected OECD countries. The research was conducted at
Masaryk University in the Czech Republic. The empirical study
comprises questions related to several aspects of financial literacy,
such as financial knowledge, personal finance behavior, or decisionmaking.
The results indicate that improvement in financial literacy of
university students is still required, even though their major is finance
related.
Abstract: Present empirical paper investigates the relationship
between FDI and economic growth by 10 selected industries in 10
Central and Eastern European countries from the period 1995 to
2012. Different estimation approaches were used to explore the
connection between FDI and economic growth, for example OLS,
RE, FE with and without time dummies. Obtained empirical results
leads to some main consequences: First, the Central and East
European countries (CEEC) attracted foreign direct investment,
which raised the productivity of industries they entered in. It should
be concluded that the linkage between FDI and output growth by
industries is positive and significant enough to suggest that foreign
firm’s participation enhanced the productivity of the industries they
occupied. There had been an endogeneity problem in the regression
and fixed effects estimation approach was used which partially
corrected the regression analysis in order to make the results less
biased. Second, it should be stressed that the results show that time
has an important role in making FDI operational for enhancing output
growth by industries via total factor productivity. Third, R&D
positively affected economic growth and at the same time, it should
take some time for research and development to influence economic
growth. Fourth, the general trends masked crucial differences at the
country level: over the last 20 years, the analysis of the tables and
figures at the country level show that the main recipients of FDI of
the 11 Central and Eastern European countries were Hungary, Poland
and the Czech Republic. The main reason was that these countries
had more open door policies for attracting the FDI. Fifth, according
to the graphical analysis, while Hungary had the highest FDI inflow
in this region, it was not reflected in the GDP growth as much as in
other Central and Eastern European countries.
Abstract: We regard forecasting of energy consumption by
private production areas of a large industrial facility as well as by the
facility itself. As for production areas, the forecast is made based on
empirical dependencies of the specific energy consumption and the
production output. As for the facility itself, implementation of the
task to minimize the energy consumption forecasting error is based
on adjustment of the facility’s actual energy consumption values
evaluated with the metering device and the total design energy
consumption of separate production areas of the facility. The
suggested procedure of optimal energy consumption was tested based
on the actual data of core product output and energy consumption by
a group of workshops and power plants of the large iron and steel
facility. Test results show that implementation of this procedure gives
the mean accuracy of energy consumption forecasting for winter
2014 of 0.11% for the group of workshops and 0.137% for the power
plants.
Abstract: Much of the literature on research design has focused
on research conducted in developed, uni-cultural or primarily English
speaking countries. Studies of qualitative case study research, the
challenges, and prospects have been embedded in Western/Eurocentric
society and social theories. Although there have been some
theoretical studies, few empirical studies have been conducted to
explore the nature of the challenges of qualitative case study in
developing countries. These challenges include accessibility to
organizations, conducting interviews in developing countries,
accessing documents and observing official meetings, language and
cultural challenges, the use of consent forms, issues affecting access
to companies, respondent issues, and data analysis. The author, while
conducting qualitative case study research in Libya, faced all these
issues. The discussion in this paper examines these issues in order to
make a contribution toward the literature in this area.
Abstract: Intermediate cities which also called medium size
cities have an important role in the process of globalization. It is
argued that, in some cases this type of cities may be depopulated or in
otherwise may be transformed as the periphery of metropolitans, so
that the personal identity of the city and its local cultural heritage
could suffer from its neighbor metropolitan. Over the last decades,
the role of tourism in the development process and the cultural
heritage has increased. The impact of tourism on socioeconomic
growth makes motivation for the study of tourism development in
regional and urban planning process. There are evidences that
tourism has a positive impact in local development and makes
economic motivations for cultural heritage protection. In this study,
by considering the role of tourism in local development, especially by
its economic and socio-cultural impacts, it is tried to introduce a
strategy for tourism development through a method of urban planning
for intermediate cities called as Base plan. Damavand is an
intermediate city located in Tehran province, Iran with a high
potential in tourism by its local specific characteristic like social
structure, antiquities and natural attractions. It’s selected as a suitable
case study for intended strategy which is a combination of urban
planning and tourism development methods. Focusing on recognition
of the historical and cultural heritage of Damavand, in this paper
through “base plan methodology” a strategy of urban planning
toward tourism development is prepared in order to make tourism
development as a support for cultural heritage of this city.
Abstract: A Multi-dimensional computational fluid dynamics
(CFD) two-phase model was developed with the aim to simulate
the in-core coolant circuit of a pressurized heavy water reactor
(PHWR) of a commercial nuclear power plant (NPP). Due to the
fact that this PHWR is a Reactor Pressure Vessel type (RPV),
three-dimensional (3D) detailed modelling of the large reservoirs of
the RPV (the upper and lower plenums and the downcomer) were
coupled with an in-house finite volume one-dimensional (1D) code
in order to model the 451 coolant channels housing the nuclear fuel.
Regarding the 1D code, suitable empirical correlations for taking into
account the in-channel distributed (friction losses) and concentrated
(spacer grids, inlet and outlet throttles) pressure losses were used.
A local power distribution at each one of the coolant channels
was also taken into account. The heat transfer between the coolant
and the surrounding moderator was accurately calculated using a
two-dimensional theoretical model. The implementation of subcooled
boiling and condensation models in the 1D code along with the use
of functions for representing the thermal and dynamic properties of
the coolant and moderator (heavy water) allow to have estimations
of the in-core steam generation under nominal flow conditions for a
generic fission power distribution. The in-core mass flow distribution
results for steady state nominal conditions are in agreement with the
expected from design, thus getting a first assessment of the coupled
1/3D model. Results for nominal condition were compared with
those obtained with a previous 1/3D single-phase model getting more
realistic temperature patterns, also allowing visualize low values of
void fraction inside the upper plenum. It must be mentioned that the
current results were obtained by imposing prescribed fission power
functions from literature. Therefore, results are showed with the aim
of point out the potentiality of the developed model.
Abstract: The education sector is constantly faced with rapid
changes in technologies in terms of ensuring that the curriculum is up
to date and in terms of making sure that students are aware of these
technological changes. This challenge can be seen as the motivation
for this study, which is to examine the factors affecting computing
students’ awareness of the latest Information Technologies (ICTs).
The aim of this study is divided into two sub-objectives which are:
the selection of relevant theories and the design of a conceptual
model to support it as well as the empirical testing of the designed
model. The first objective is achieved by a review of existing
literature on technology adoption theories and models. The second
objective is achieved using a survey of computing students in the four
universities of the KwaZulu-Natal province of South Africa. Data
collected from this survey is analyzed using Statistical package for
the Social Science (SPSS) using descriptive statistics, ANOVA and
Pearson correlations. The main hypothesis of this study is that there is
a relationship between the demographics and the prior conditions of
the computing students and their awareness of general ICT trends and
of Digital Switch Over (DSO) a new technology which involves the
change from analog to digital television broadcasting in order to
achieve improved spectrum efficiency. The prior conditions of the
computing students that were considered in this study are students’
perceived exposure to career guidance and students’ perceived
curriculum currency. The results of this study confirm that gender,
ethnicity, and high school computing course affect students’
perceived curriculum currency while high school location affects
students’ awareness of DSO. The results of this study also confirm
that there is a relationship between students prior conditions and their
awareness of general ICT trends and DSO in particular.
Abstract: Polycyclic Aromatic Hydrocarbons (PAHs) are
formed mainly because of incomplete combustion of organic
materials during industrial, domestic activities or natural occurrence.
Their toxicity and contamination of terrestrial and aquatic ecosystem
have been established. However, with limited validity index, previous
research has focused on PAHs isomer pair ratios of variable
physicochemical properties in source identification. The objective of
this investigation was to determine the empirical validity of Pearson
Correlation Coefficient (PCC) and Cluster Analysis (CA) in PAHs
source identification along soil samples of different land uses.
Therefore, 16 PAHs grouped, as Endocrine Disruption Substances
(EDSs) were determined in 10 sample stations in top and sub soils
seasonally. PAHs was determined the use of Varian 300 gas
chromatograph interfaced with flame ionization detector. Instruments
and reagents used are of standard and chromatographic grades
respectively. PCC and CA results showed that the classification of
PAHs along pyrolitic and petrogenic organics used in source
signature is about the predominance PAHs in environmental matrix.
Therefore, the distribution of PAHs in the studied stations revealed
the presence of trace quantities of the vast majority of the sixteen
PAHs, which may ultimately inhabit the actual source signature
authentication. Therefore, factors to be considered when evaluating
possible sources of PAHs could be; type and extent of bacterial
metabolism, transformation products/substrates, and environmental
factors such as salinity, pH, oxygen concentration, nutrients, light
intensity, temperature, co-substrates, and environmental medium are
hereby recommended as factors to be considered when evaluating
possible sources of PAHs.
Abstract: Well logging records can help to answer many
questions from a wide range of special interested information and
basic petrophysical properties to formation evaluation of oil and gas
reservoirs. The accurate calculations of porosity in carbonate
reservoirs are the most challenging aspects of the well logging
analysis. Many equations have been developed over the years based
on known physical principles or on empirically derived relationships,
which are used to calculate porosity, estimate lithology, and water
saturation; however these parameters are calculated from well logs by
using modern technique in a current study. Nasiriya oil field is one of
the giant oilfields in the Middle East, and the formation under study
is the Mishrif carbonate formation which is the shallowest
hydrocarbon bearing zone in this oilfield. Neurolog software was
used to digitize the scanned copies of the available logs.
Environmental corrections had been made as per Schlumberger charts
2005, which supplied in the Interactive Petrophysics software. Three
saturation models have been used to calculate water saturation of
carbonate formations, which are simple Archie equation, Dual water
model, and Indonesia model. Results indicate that the Mishrif
formation consists mainly of limestone, some dolomite, and shale.
The porosity interpretation shows that the logging tools have a good
quality after making the environmental corrections. The average
formation water saturation for Mishrif formation is around 0.4-
0.6.This study is provided accurate behavior of petrophysical
properties with depth for this formation by using modern software.
Abstract: The article includes the results and conclusions from
empirical researches that had been done. The research focuses on the
impact of investments made in small and medium-sized enterprises
financed from EU funds on the competitiveness of these companies.
The researches includes financial results in sales revenue and net
income, expenses, and many other new products/services on offer,
higher quality products and services, more modern methods of
production, innovation in management processes, increase in the
number of customers, increase in market share, increase in
profitability of production and provision of services. The main
conclusions are that, companies with direct investments under this
measure shall apply the modern methods of production. The
consequence of this is to increase the quality of our products and
services. Furthermore, both small and medium-sized enterprises have
introduced new products and services. Investments were carried out,
thus enabling better work organization in enterprises. Entrepreneurs
would guarantee higher quality of service, which would result in
better relationships with their customers, what is more, noting the rise
in number of clients. More than half of the companies indicated that
the investments contributed to the increase in market share. Same
thing as for market reach and brand recognition of particular
company. An interesting finding is that, investments in small
enterprises were more effective than medium-sized enterprises.
Abstract: Polymorphism is one of the main pillars of objectoriented
paradigm. It induces hidden forms of class dependencies
which may impact software quality, resulting in higher cost factor for
comprehending, debugging, testing, and maintaining the software. In
this paper, a new cognitive complexity metric called Cognitive
Weighted Polymorphism Factor (CWPF) is proposed. Apart from the
software structural complexity, it includes the cognitive complexity
on the basis of type. The cognitive weights are calibrated based on 27
empirical studies with 120 persons. A case study and experimentation
of the new software metric shows positive results. Further, a
comparative study is made and the correlation test has proved that
CWPF complexity metric is a better, more comprehensive, and more
realistic indicator of the software complexity than Abreu’s
Polymorphism Factor (PF) complexity metric.
Abstract: This research tested the performance of alternative
warehouse designs concerning the picking process. The chosen
performance measures were Travel Distance and Total Fulfilment
Time. An explanatory case study was built up around a model
implemented with SIMUL8. Hypotheses were set by selecting
outcomes from the literature survey matching popular empirical
findings. 17.4% reductions were found for Total Fulfilment Time and
Resource Utilisation. The latter was then used as a proxy for
operational efficiency. Literal replication of theoretical data-patterns
was considered as an internal validity sign. Assessing the estimated
changes benefits ahead of implementation was found to be a
contribution to practice.
Abstract: Underwater acoustic networks have attracted great
attention in the last few years because of its numerous applications.
High data rate can be achieved by efficiently modeling the physical
layer in the network protocol stack. In Acoustic medium,
propagation speed of the acoustic waves is dependent on many
parameters such as temperature, salinity, density, and depth.
Acoustic propagation speed cannot be modeled using standard
empirical formulas such as Urick and Thorp descriptions. In this
paper, we have modeled the acoustic channel using real time data of
temperature, salinity, and speed of Bay of Bengal (Indian Coastal
Region). We have modeled the acoustic channel by using Mackenzie
speed equation and real time data obtained from National Institute of
Oceanography and Technology. It is found that acoustic propagation
speed varies between 1503 m/s to 1544 m/s as temperature and
depth differs. The simulation results show that temperature, salinity,
depth plays major role in acoustic propagation and data rate
increases with appropriate data sets substituted in the simulated
model.
Abstract: The aim of this study is to empirically investigate the
mediating impact of export performance (EP) between technological
advancement capabilities and business performance (BP) of
Malaysian manufacturing micro, small and medium sized enterprises
(MSME’s). Firm’s technological advancement resources are
hypothesized as a platform to enhance both exports and BP of
manufacturing MSMEs in Malaysia. This study is twofold, primary it
has investigated that technological advancement capabilities helps to
appreciates main performance measures noted in terms of EP and
Secondly, it investigates that how efficiently and effectively
technological advancement capabilities can contribute in overall
Malaysian MSME’s BP. Smart PLS-3 statistical software is used to
know the association between technological advancement
capabilities, MSME’s EP and BP. In this study, the data was
composed from Malaysian manufacturing MSME’s in east coast
industrial zones known as the manufacturing hub of MSMEs. Seven
hundred and fifty (750) questionnaires were distributed, but only 148
usable questionnaires are returned. The finding of this study indicated
that technological advancement capabilities helps to strengthen the
export in term of time and cost efficient and it plays a significant role
in appreciating their BP. This study is helpful for small and medium
enterprise owners who intend to expand their business overseas and
though smart technological advancement resources they can achieve
their business competitiveness and excellence both at local and
international markets.