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Abstract

The concept of cointegration that enables the proper statistical analysis of long-run comovements between unit root processes has been of great interest to numerous economic investigators since it was introduced. However, investigation of short-run comovement between economic time series seems equally important, especially for economic decision-makers. The concept of common features and based on it the idea of two additional reduced rank structure forms in a VEC model (the strong and the weak one) may be of some help. The strong form reduced rank structure (SF) takes place when at least one linear combination of the first differences of the variables exists, which is white noise. However, when this assumption seems too strong, the weaker case can be considered. The weak form appears when the linear combination of first differences adjusted for long-run efects exists, which is white noise.

The main focus of this paper is a Bayesian analysis of the VEC models involving the weak form of reduced rank restrictions.

After the introduction and discussion of the said Bayesian model, the presented methods will be illustrated by an empirical investigation of the price – wage spiral in the Polish economy.

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Authors and Affiliations

Justyna Wróblewska
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Abstract

This study examines the causal links between improvements in economic freedom and changes in GDP per capita of new EU members in transition in the period 2000‒2009. The empirical results suggest significant causality running from changes in monetary and fiscal freedom, trade openness, regulation of credit, labour, and business, legal structure and security of property rights, and access to sound money to movements in GDP per capita, especially in less and moderately developed CEE transition countries. Moreover, we find evidence that improvements in economic freedom are one of the main factors stimulating the convergence of these economies towards rich EU members. The evidence of causality in the opposite direction is much weaker.

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Authors and Affiliations

Henryk Gurgul
Łukasz Lach
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Abstract

Voting power methodology offers insights to understand coalition building in collective decision making. This paper proposes a new measure of voting power inspired from Banzhaf (1965) accounting for the proximity between voters by capturing how often they appear in winning coalitions together. Using this proximity index, we introduce a notion of relative linkages among coalition participants as determinant of coalition building. We propose an application to the governance structure of the International Monetary Fund, with linkages being represented by bilateral volumes of trade between voters. The results are able to explain several important features of the functioning of this particular voting body, and may be useful for other applications in international politics.

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Authors and Affiliations

Julien Reynaud
Fabien Lange
Łukasz Gątarek
Christian Thimann
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Abstract

The proper designing of PV systems requires the use of advanced building energy simulation techniques. It allows to design the best position of the PV array, as well as the right quantity of produced energy in different cases. On the other hand the PV efficiency is not only a constant value but changes according to temperature and solar radiation. This paper is devoted to estimate the simultaneous effect of both weather factors on PV efficiency. The task was achieved by numerical simulation and ESP-r software. Computer simulations have been carried out with the use of the Typical Meteorological Year data for Warsaw (52°N 21°E). The greatest influence of temperature on the efficiency of solar energy conversion was observed for crystalline silicon cells. The influence of the boundary conditions assumed in the study is ignored for amorphous silicon cells in the summer period and regardless of the material type in the winter period.

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Authors and Affiliations

D. Heim
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Abstract

The main idea of this work is to demonstrate an application of the generalized perturbation-based Stochastic Finite Element Method for a determination of the reliability indicators concerning elastic stability for a certain spectrum of the civil engineering structures. The reliability indicator is provided after the Eurocode according to the First Order Reliability Method, and computed using the higher order Taylor expansions with random coefficients. Computational implementation provided by the hybrid usage of the FEM system ROBOT and the computer algebra system MAPLE enables for reliability analysis of the critical forces in the most popular civil engineering structures like simple Euler beam, 2 and 3D single and multi-span steel frames, as well as polyethylene underground cylindrical shell. A contrast of the perturbation-based numerical approach with the Monte-Carlo simulation technique for the entire variability of the input random dispersion included into the Euler problem demonstrates the probabilistic efficiency of the perturbation method proposed.

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Authors and Affiliations

M. Kamiński
P. Świta
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Abstract

This study investigates the use of steel fibers and hybrid composite with a total fibers content of 2% on the high strength flowing concrete and determines the density, compressive strength, static modulus of elasticity, flexural strength and toughness indices for the mixes. The results show that the inclusion of more than 0.5% of palm fibers in hybrid fibers mixes reduces the compressive strength. The hybrid fibers can be considered as a promising concept and the replacement of a portion of steel fibers with palm fibers can significantly reduce the density, enhance the flexural strength and toughness. The results also indicates that the use of hybrid fibers (1.5 steel fibers + 0.5% palm fibers) in specimens increases significantly the toughness indices and thus the use of hybrid fibers combinations in reinforced concrete would enhance their flexural toughness & rigidity and enhance their overall performances.

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Authors and Affiliations

Eethar Thanon Dawood
Mahyuddin Ramli
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Abstract

To reliably calibrate suitable partial safety factors, useful for the specification of global condition describing structural safety level in considered design case, usually the evaluation of adequate failure probability is necessary. In accidental fire situation, not only probability of the collapse of load-bearing structure, but also another probability related to the people staying in a building at the moment of fire occurence should be assessed. Those values are different one from another in qualitative sense but they are coupled because they are determined by similar factors. The first one is the conditional probability with the condition that fire has already occured, whereas the second is the probability of failure in case of a potential fire, which can take place in the examined building compartment, but its ignition has not yet appeared. An engineering approach to estimate such both probabilities is presented and widely discussed in the article.

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Authors and Affiliations

M. Maślak
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Abstract

A two-scale numerical homogenization approach was used for granular materials. At small-scale level, granular micro-structure was simulated using the discrete element method. At macroscopic level, the finite element method was applied. An up-scaling technique took into account a discrete model at each Gauss integration point of the FEM mesh to derive numerically an overall constitutive response of the material. In this process, a tangent operator was generated with the stress increment corresponding to the given strain increment at the Gauss point. In order to detect a loss of the solution uniqueness, a determinant of the acoustic tensor associated with the tangent operator was calculated. Some elementary geotechnical tests were numerically calculated using a combined DEM-FEM technique.

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Authors and Affiliations

M. Nitka
J. Tejchman

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