Abstract: As the Malaysian residential electricity consumption continued to increase rapidly, effective energy policies, which address factors affecting residential electricity consumption, is urgently needed. This study attempts to investigate the relationship between residential electricity consumption (EC), real disposable income (Y), price of electricity (Pe) and population (Po) in Malaysia for 1978-2011 period. Unlike previous studies on Malaysia, the current study focuses on the residential sector, a sector that is important for the contemplation of energy policy. The Phillips-Perron (P-P) unit root test is employed to infer the stationarity of each variable while the bound test is executed to determine the existence of co-integration relationship among the variables, modelled in an Autoregressive Distributed Lag (ARDL) framework. The CUSUM and CUSUM of squares tests are applied to ensure the stability of the model. The results suggest the existence of long-run equilibrium relationship and bidirectional Granger causality between EC and the macroeconomic variables. The empirical findings will help policy makers of Malaysia in developing new monitoring standards of energy consumption. As it is the major contributing factor in economic growth and CO2 emission, there is a need for more proper planning in Malaysia to attain future targets in order to cut emissions.
Abstract: Numerous studies carried out in the developed
western democratic countries have shown that the ideological
framework of the governing party has a significant influence on the
monetary policy. The executive authority consisting of a left-wing
party gives a higher weight to unemployment suppression and central
bank implements a more expansionary monetary policy. On the other
hand, right-wing governing party considers the monetary stability to
be more important than unemployment suppression and in such a
political framework the main macroeconomic objective becomes the
inflation rate reduction. The political framework conditions in the
transition countries which are new European Union (EU) members
are still highly specific in relation to the other EU member countries.
In the focus of this paper is the question whether the same
monetary policy principles are valid in these transitional countries as
well as they apply in developed western democratic EU member
countries. The data base consists of inflation rate and unemployment
rate for 11 transitional EU member countries covering the period
from 2001 to 2012. The essential information for each of these 11
countries and for each year of the observed period is right or left
political orientation of the ruling party.
In this paper we use t-statistics to test our hypothesis that there are
differences in inflation and unemployment between right and left
political orientation of the governing party. To explore the influence
of different countries, through years and different political
orientations descriptive statistics is used. Inflation and unemployment
should be strongly negatively correlated through time, which is tested
using Pearson correlation coefficient.
Regarding the fact whether the governing authority is consisted
from left or right politically oriented parties, monetary authorities
will adjust its policy setting the higher priority on lower inflation or
unemployment reduction.
Abstract: The negative Poisson’s ratios can be described in terms of models based on the geometry of the system and the way this geometry changes due to applied loads. As the Poisson’s ratio does not depend on scale hence deformation can take place at the nano to macro level the only requirement is the right combination of the geometry. Our thrust in this paper is to combine our knowledge of tailored enhanced mechanical properties of the materials having negative Poisson’s ratio with the micromachining and electrospining technology to develop a novel stent carrying a drug delivery system. Therefore, the objective of this paper includes (i) fabrication of a micromachined metal sheet tailored with structure having negative Poisson’s ratio through rotating solid squares geometry using femtosecond laser ablation; (ii) rolling fabricated structure and welding to make a tubular structure (iii) wrapping it with nanofibers of biocompatible polymer PCL (polycaprolactone) for drug delivery (iv) analysis of the functional and mechanical performance of fabricated structure analytically and experimentally. Further, as the applications concerned, tubular structures have potential in biomedical for example hollow tubes called stents are placed inside to provide mechanical support to a damaged artery or diseased region and to open a blocked esophagus thus allowing feeding capacity and improving quality of life.
Abstract: While the European Union (EU) harmonized methodology is a benchmark of worldwide used business survey (BS) methodology, the choice of variables that are components of the confidence indicators, as the leading indicators, is not strictly determined and unique. Therefore, the aim of this paper is to investigate and to quantify the relationship between all business survey variables in manufacturing industry and industrial production as a reference macroeconomic series in Croatia. The assumption is that there are variables in the business survey, that are not components of Industrial Confidence Indicator (ICI) and which can accurately (and sometimes better then ICI) predict changes in Croatian industrial production. Empirical analyses are conducted using quarterly data of BS variables in manufacturing industry and Croatian industrial production over the period from the first quarter 2005 to the first quarter 2013. Research results confirmed the assumption: three BS variables which is not components of ICI (competitive position, demand and liquidity) are the best leading indicator then ICI, in forecasting changes in Croatian industrial production instantaneously, with one, two or three quarter ahead.
Abstract: The propulsion of a bacterial flagellum in a viscous fluid has attracted many interests in the field of biological hydrodynamics, but remains yet fully understood and thus still a challenging problem. In this study, therefore, we have numerically investigated the flow around a steadily rotating micro-sized spring to further understand such bacterial flagellum propulsion. Note that a bacterium gains thrust (propulsive force) by rotating the flagellum connected to the body through a bio motor to move forward. For the investigation, we convert the spring model from the micro scale to the macro scale using a similitude law (scale law) and perform simulations on the converted macro-scale model using a commercial software package, CFX v13 (ANSYS). To scrutinize the propulsion characteristics of the flagellum through the simulations, we make parameter studies by changing some flow parameters, such as the pitch, helical radius and rotational speed of the spring and the Reynolds number (or fluid viscosity), expected to affect the thrust force experienced by the rotating spring. Results show that the propulsion characteristics depend strongly on the parameters mentioned above. It is observed that the forward thrust increases in a linear fashion with either of the rotational speed or the fluid viscosity. In addition, the thrust is directly proportional to square of the helical radius and but the thrust force is increased and then decreased based on the peak value to the pitch. Finally, we also present the appropriate flow and pressure fields visualized to support the observations.
Abstract: This study is carried out to provide an insight into the analysis of the impact of selected macro-economic variables on gross fixed capital formation in Libya using annual data over the period (1970-2010). The importance of this study comes from the ability to show the relative important factors that impact the Libyan gross fixed capital formation. This understanding would give indications to decision makers on which policy they must focus to stimulate the economy. An Autoregressive Distributed Lag (ARDL) modeling process is employed to investigate the impact of the Gross Domestic Product, Monetary Base and Trade Openness on Gross Fixed Capital Formation in Libya. The results of this study reveal that there is an equilibrium relationship between capital formation and its determinants. The results also indicate that GDP and trade openness largely explain the pattern of capital formation in Libya. The findings and recommendations provide vital information relevant for policy formulation and implementation aimed to improve capital formation in Libya.
Abstract: There have been few studies of cross-border shopping. However, many have focused on macroeconomic effects rather than on discovering the motivation and behaviour of cross-border shoppers who purchase abroad. Hatyai, Thailand is located about 30 km from the Malaysian border. The statistics reports that each year more than 400,000 Malaysian visitors visited Hatyai. The aims of this study are fourfold: (1) to investigate factors motivating cross-border shoppers to shop in Hatyai, Thailand; (2) to examine the relationship between ethnicity and shopper ethnocentrism; (3) to discover the impact of shopper ethnocentrism on foreign product judgment; and (4) to explore the impact of shopper ethnocentrism on the willingness to buy foreign products. The results reveal that the three most popular consumption items were food and beverages, clothing, and grocery products. Factor analysis shows that the three key reasons for choosing Hatyai as the cross-border shopping destination included product and store, close distance, and low exchange rate. Moreover, there were significant differences in ethnocentrism by three ethnic groups. Shopper ethnocentrism had a significant negative correlation with foreign product judgment, while shopper ethnocentrism was not significantly correlated with willingness to buy foreign products.
Abstract: The aim of the present article is to determine the impact of the external and internal factors of bank performance on the profitability indicators of the CEE countries banks in the period from 2006 to 2012. On the basis of research conducted abroad on bank and macroeconomic profitability indicators, in order to obtain research results, the authors evaluated return on average assets (ROAA) and return on average equity (ROAE) indicators of the CEE countries banks. The authors analyzed profitability indicators of banks using descriptive methods, SPSS data analysis methods, as well as data correlation and linear regression analysis. The authors concluded that most internal and external indicators of bank performance have no direct influence the profitability of the banks in the CEE countries. The only exceptions are credit risk and bank size, which affect one of the measures of bank profitability – return on average equity.
Abstract: To improve the water quality of lakes and control algae blooms, the effects of Vallisneria asiatica which is one of aquatic plants spread over Lake Taihu, with different biomasses on the water quality and algae communities were researched. The results indicated that V. asiatica could control an excess of Microcystis spp. when the V. asiatica biomass was larger than 50g in the tank with 30L solution in the laboratory. Planktonic and epiphytic algae responded differently to V. asiatica. The presence of macrophyte V. asiatica in eutrophic waters has a positive effect on algae compositions because of different sensitivities of algae species to allelopathic substances released by macrophyte V. asiatica. That is, V. asiatica could inhibit the growth of Microcystis spp. effectively and was benefited to the diatom on the condition in the laboratory.
Abstract: The paper examines the impact of money market on economic growth in Nigeria using data for the period 1980-2012. Econometrics techniques such as Ordinary Least Squares Method, Johanson’s Co-integration Test and Vector Error Correction Model were used to examine both the long-run and short-run relationship. Evidence from the study suggest that though a long-run relationship exists between money market and economic growth, but the present state of the Nigerian money market is significantly and negatively related to economic growth. The link between the money market and the real sector of the economy remains very weak. This implies that the market is not yet developed enough to produce the needed growth that will propel the Nigerian economy because of several challenges. It was therefore recommended that government should create the appropriate macroeconomic policies, legal framework and sustain the present reforms with a view to developing the market so as to promote productive activities, investments, and ultimately economic growth.
Abstract: This paper will discuss flip chip methodology, in which I/O pads, standard cells, macros and bump cells array are placed in the floorplan, then routed using Astro place and route tool. Final DRC and LVS checking is done using Calibre verification tool. The design vehicle to run this methodology is an OpenRISC design targeted to Silterra 0.18 micrometer technology with 6 metal layers for routing. Astro has extensive support for flip chip placement and routing. Astro tool commands for flip chip are straightforward approach like the conventional standard wire bond packaging. However since we do not have flip chip commands in our Astro tool, no LEF file for bump cell and no LEF file for flip chip I/O pad, we create our own methodology to prepare for future flip chip tapeout.
Abstract: This study intends to improve the bond performance of the polypropylene fiber used as reinforcing fiber for concrete by changing its shape into double crimped type through the enhancement its fabrication process. The bond performance of such double crimped fiber is evaluated by applying the JCI SF-8 (dog-bone shape) testing method. The test results reveal that the double crimped fiber develops bond performance improved by more than 19% compared to the conventional crimped type fiber.
Abstract: New Product Development (NPD) has got its roots on an Engineering background. Thus, one might wonder about the interest, opportunity, contents and delivery process, if students from soft sciences were involved. This paper addressed «What to teach?» and «How to do it?», as the preliminary research questions that originated the introduced propositions. The curriculum-developer model that was purposefully chosen to adapt the coursebook by pursuing macro/micro strategies was found significant by an exploratory qualitative case study. Moreover, learning was developed and value created by implementing the institutional curriculum through a creative, hands-on, experiencing, problem-solving, problem-based but organized teamwork approach. Product design of an orange squeezer complying with ill-defined requirements, including drafts, sketches, prototypes, CAD simulations and a business plan, plus a website, written reports and presentations were the deliverables that confirmed an innovative contribution towards research and practice of teaching and learning of engineering subjects to non-specialist operations managers candidates.
Abstract: The curvature space-time by the presence of material, this deformation must present a pattern of deformation, not random. Space is uniform, elastic and any modification that occurs in one part, causes a change in another.
This deformation exists, must be a constant value and is independent of the observer, and relates the amount of matter, the force caused by the curvature of space and surface space. This unit of space is defined in this study as PIL and represents a constant area of space, deformable in the direction and sense of the center of mass of the body. The PIL is curved and connected to the center of mass of the Earth, to get to that point, through all matter, thus forming part of any place between particles at atomic and subatomic levels. At these levels the space between each particle is flat, unlike the macro where the space curves.
Abstract: We constructed an atomic structure model for a PAN-based carbon fiber containing amorphous structures using molecular dynamics methods. It was found that basic physical properties such as crystallinity, Young’s modulus, and thermal conductivity of our model were nearly identical to those of real carbon fibers. We then obtained the tensile strength of a carbon fiber, which has no macro defects. We finally determined that the limitation of the tensile strength was 19 GPa.
Abstract: The aquatic plants are a promising renewable energy resource. Lake Fúquene polluting macrophytes, water hyacinth (Eichhornia crassipes C. Mart.) and Brazilian elodea (Egeria densa Planch.), were saccharifiedby different treatments and fermented to ethanol by native yeasts. Among the tested chemical and biological methods for the saccharification, Pleurotus ostreatus at 10% (m/v) was chosen as the best pre-treatment in both macrophytes (P
Abstract: Taiwan was the first country in Asia to announce
“Nuclear-Free Homeland" in 2002. In 2008, the new government
released the Sustainable Energy Policy Guidelines to lower the
nationwide CO2 emissions some time between 2016 and 2020 back to
the level of year 2008, further abatement of CO2 emissions is planed in
year 2025 when CO2 emissions will decrease to the level of year 2000.
Besides, under consideration of the issues of energy, environment and
economics (3E), the new government declared that the nuclear power
is a carbon-less energy option. This study analyses the effects of
nuclear power generation for CO2 abatement scenarios in Taiwan. The
MARKAL-MACRO energy model was adopted to evaluate economic
impacts and energy deployment due to life extension of existing
nuclear power plants and build new nuclear power units in CO2
abatement scenarios. The results show that CO2 abatement effort is
expensive. On the other hand, nuclear power is a cost-effective choice.
The GDP loss rate in the case of building new nuclear power plants is
around two thirds of the Nuclear-Free Homeland case. Nuclear power
generation has the capacity to provide large-scale CO2 free electricity.
Therefore, the results show that nuclear power is not only an option for
Taiwan, but also a requisite for Taiwan-s CO2 reduction strategy.
Abstract: Digital libraries become more and more necessary in
order to support users with powerful and easy-to-use tools for
searching, browsing and retrieving media information. The starting
point for these tasks is the segmentation of video content into shots.
To segment MPEG video streams into shots, a fully automatic
procedure to detect both abrupt and gradual transitions (dissolve and
fade-groups) with minimal decoding in real time is developed in this
study. Each was explored through two phases: macro-block type's
analysis in B-frames, and on-demand intensity information analysis.
The experimental results show remarkable performance in
detecting gradual transitions of some kinds of input data and
comparable results of the rest of the examined video streams. Almost
all abrupt transitions could be detected with very few false positive
alarms.
Abstract: The objective of this work was to examine the
changes in the microstructure and macro physical properties caused
by the carbonation of normalised CEM II mortar. Samples were
prepared and subjected to accelerated carbonation at 20°C, 65%
relative humidity and 20% CO2 concentration. On the microstructure
scale, the evolutions of the cumulative pore volume, pore size
distribution, and specific surface area during carbonation were
calculated from the adsorption desorption isotherms of nitrogen. We
also examined the evolution of macro physical properties such as the
porosity accessible to water, the gas permeability, and thermal
conductivity. The conflict between the results of nitrogen porosity
and water porosity indicated that the porous domains explored using
these two techniques are different and help to complementarily
evaluate the effects of carbonation. This is a multi-scale study where
results on microstructural changes can help to explain the evolution
of macro physical properties.
Abstract: The optimal control is one of the possible controllers
for a dynamic system, having a linear quadratic regulator and using
the Pontryagin-s principle or the dynamic programming method .
Stochastic disturbances may affect the coefficients (multiplicative
disturbances) or the equations (additive disturbances), provided that
the shocks are not too great . Nevertheless, this approach encounters
difficulties when uncertainties are very important or when the probability
calculus is of no help with very imprecise data. The fuzzy
logic contributes to a pragmatic solution of such a problem since it
operates on fuzzy numbers. A fuzzy controller acts as an artificial
decision maker that operates in a closed-loop system in real time.
This contribution seeks to explore the tracking problem and control
of dynamic macroeconomic models using a fuzzy learning algorithm.
A two inputs - single output (TISO) fuzzy model is applied to the
linear fluctuation model of Phillips and to the nonlinear growth model
of Goodwin.