Study on Market Stability and Price Limit of Chinese Stock Index Futures Market: An Agent-Based Modeling Perspective

PubMed Central

2015-01-01

This paper explores a method of managing the risk of the stock index futures market and the cross-market through analyzing the effectiveness of price limits on the Chinese Stock Index 300 futures market. We adopt a cross-market artificial financial market (include the stock market and the stock index futures market) as a platform on which to simulate the operation of the CSI 300 futures market by changing the settings of price limits. After comparing the market stability under different price limits by appropriate liquidity and volatility indicators, we find that enhancing price limits or removing price limits both play a negative impact on market stability. In contrast, a positive impact exists on market stability if the existing price limit is maintained (increase of limit by10%, down by 10%) or it is broadened to a proper extent. Our study provides reasonable advice for a price limit setting and risk management for CSI 300 futures. PMID:26571135

Analysing News for Stock Market Prediction

NASA Astrophysics Data System (ADS)

Ramalingam, V. V.; Pandian, A.; Dwivedi, shivam; Bhatt, Jigar P.

2018-04-01

Stock market means the aggregation of all sellers and buyers of stocks representing their ownership claims on the business. To be completely absolute about the investment on these stocks, proper knowledge about them as well as their pricing, for both present and future is very essential. Large amount of data is collected and parsed to obtain this essential information regarding the fluctuations in the stock market. This data can be any news or public opinions in general. Recently, many methods have been used, especially big unstructured data methods to predict the stock market values. We introduce another method of focusing on deriving the best statistical learning model for predicting the future values. The data set used is very large unstructured data collected from an online social platform, commonly known as Quindl. The data from this platform is then linked to a csv fie and cleaned to obtain the essential information for stock market prediction. The method consists of carrying out the NLP (Natural Language Processing) of the data and then making it easier for the system to understand, finds and identifies the correlation in between this data and the stock market fluctuations. The model is implemented using Python Programming Language throughout the entire project to obtain flexibility and convenience of the system.

75 FR 28328 - Proposed Collection; Comment Request for Regulation Project

Federal Register 2010, 2011, 2012, 2013, 2014

2010-05-20

... of gain on a partnership's sale of qualified small business stock and deferral of gain on a partner's... information is necessary for the proper performance of the functions of the agency, including whether the...

Implications of Emerging Vehicle Technologies on Rare Earth Supply and Demand in the United States

DOE PAGES

Fishman, Tomer; Myers, Rupert; Rios, Orlando; ...

2018-01-25

In this article, we explore the long-term demand and supply potentials of rare earth elements in alternative energy vehicles (AEVs) in the United States until 2050. Using a stock-flow model, we compare a baseline scenario with scenarios that incorporate an exemplary technological innovation: a novel aluminum–cerium–magnesium alloy. We find that the introduction of the novel alloy demonstrates that even low penetration rates can exceed domestic cerium production capacity, illustrating possible consequences of technological innovations to material supply and demand. End-of-life vehicles can, however, overtake domestic mining as a source of materials, calling for proper technologies and policies to utilize thismore » emerging source. The long-term importing of critical materials in manufactured and semi-manufactured products shifts the location of material stocks and hence future secondary supply of high-value materials, culminating in a double benefit to the importing country. This modeling approach is adaptable to the study of varied scenarios and materials, linking technologies with supply and demand dynamics in order to understand their potential economic and environmental consequences.« less

Implications of Emerging Vehicle Technologies on Rare Earth Supply and Demand in the United States

DOE Office of Scientific and Technical Information (OSTI.GOV)

Fishman, Tomer; Myers, Rupert; Rios, Orlando

In this article, we explore the long-term demand and supply potentials of rare earth elements in alternative energy vehicles (AEVs) in the United States until 2050. Using a stock-flow model, we compare a baseline scenario with scenarios that incorporate an exemplary technological innovation: a novel aluminum–cerium–magnesium alloy. We find that the introduction of the novel alloy demonstrates that even low penetration rates can exceed domestic cerium production capacity, illustrating possible consequences of technological innovations to material supply and demand. End-of-life vehicles can, however, overtake domestic mining as a source of materials, calling for proper technologies and policies to utilize thismore » emerging source. The long-term importing of critical materials in manufactured and semi-manufactured products shifts the location of material stocks and hence future secondary supply of high-value materials, culminating in a double benefit to the importing country. This modeling approach is adaptable to the study of varied scenarios and materials, linking technologies with supply and demand dynamics in order to understand their potential economic and environmental consequences.« less

Effects of Jet Pressure on the Ground Surface Quality and CBN Wheel Wear in Grinding AISI 690 Nickel-Based Superalloy

NASA Astrophysics Data System (ADS)

Guitouni, Ahmed; Chaieb, Iheb; Rhouma, Amir Ben; Fredj, Nabil Ben

2016-11-01

Fluid application in grinding is getting attention as higher stock removal rates, higher surface integrity and longer wheel life are required. It is necessary to define proper conditions of application for meeting high productivity goals by lowering the specific grinding energy and reducing the temperature of the contact zone. The present study investigated the capacity of the jet pressure of a spot nozzle to improve the wear of a CBN wheel when grinding the AISI 690 superalloy. Grinding experiments were conducted with an emulsion-type cooling fluid delivered at pressure ranging from 0.1 to 4 MPa. Results show that the maximum stock removal, reached at 4 MPa, is 5 times the stock removal obtained at 0.1 MPa, while the grinding ratio at 4 MPa is 8 times that at 0.1 MPa, and there is a critical pressure ( P c) around 1.5 MPa corresponding to the minimum specific grinding energy. Scanning electron microscopy of the grain tips showed that the wear mechanism shifts from breaking and dislodgment at low jet pressure to micro-fracture resulting in continuous self-sharpening of the abrasive grains. By lubricating at jet pressure close to P c, there is less thermal damage due to plowing and sliding and the resulting lower loading of the abrasive grains favors the micro-fracture of grains and thus a longer wheel life.

Using population models to evaluate management alternatives for Gulf Striped Bass

USGS Publications Warehouse

Aspinwall, Alexander P.; Irwin, Elise R.; Lloyd, M. Clint

2017-01-01

Interstate management of Gulf Striped Bass Morone saxatilis has involved a thirty-year cooperative effort involving Federal and State agencies in Georgia, Florida and Alabama (Apalachicola-Chattahoochee-Flint Gulf Striped Bass Technical Committee). The Committee has recently focused on developing an adaptive framework for conserving and restoring Gulf Striped Bass in the Apalachicola, Chattahoochee, and Flint River (ACF) system. To evaluate the consequences and tradeoffs among management activities, population models were used to inform management decisions. Stochastic matrix models were constructed with varying recruitment and stocking rates to simulate effects of management alternatives on Gulf Striped Bass population objectives. An age-classified matrix model that incorporated stock fecundity estimates and survival estimates was used to project population growth rate. In addition, combinations of management alternatives (stocking rates, Hydrilla control, harvest regulations) were evaluated with respect to how they influenced Gulf Striped Bass population growth. Annual survival and mortality rates were estimated from catch-curve analysis, while fecundity was estimated and predicted using a linear least squares regression analysis of fish length versus egg number from hatchery brood fish data. Stocking rates and stocked-fish survival rates were estimated from census data. Results indicated that management alternatives could be an effective approach to increasing the Gulf Striped Bass population. Population abundance was greatest under maximum stocking effort, maximum Hydrilla control and a moratorium. Conversely, population abundance was lowest under no stocking, no Hydrilla control and the current harvest regulation. Stocking rates proved to be an effective management strategy; however, low survival estimates of stocked fish (1%) limited the potential for population growth. Hydrilla control increased the survival rate of stocked fish and provided higher estimates of population abundances than maximizing the stocking rate. A change in the current harvest regulation (50% harvest regulation) was not an effective alternative to increasing the Gulf Striped Bass population size. Applying a moratorium to the Gulf Striped Bass fishery increased survival rates from 50% to 74% and resulted in the largest population growth of the individual management alternatives. These results could be used by the Committee to inform management decisions for other populations of Striped Bass in the Gulf Region.

Using an experimental manipulation to determine the effectiveness of a stock enhancement program

USGS Publications Warehouse

Stewart, David R.; Long, James M.

2015-01-01

We used an experimental manipulation to determine the impact of stocking 178 mm channel catfish Ictalurus punctatus in six impoundments. The study design consisted of equal numbers (two) of control, ceased-stock, and stocked treatments that were sampled one year before and two years after stocking. Relative abundance, growth, size structure, and average weight significantly changed over time based on samples collected with hoop nets. Catch rates decreased at both ceased-stock lakes and increased for one stocked lake, while growth rates changed for at least one ceased-stock and stocked lake. The average weight of channel catfish in the ceased-stock treatment increased by 6% and 25%, whereas weight decreased by 28% and 78% in both stocked lakes. The variability in observed responses between lakes in both ceased-stock and stocked treatments indicates that a one-size-fits-all stocking agenda is impractical, suggesting lake specific and density-dependent mechanisms affect channel catfish population dynamics.

Prediction of stock markets by the evolutionary mix-game model

NASA Astrophysics Data System (ADS)

Chen, Fang; Gou, Chengling; Guo, Xiaoqian; Gao, Jieping

2008-06-01

This paper presents the efforts of using the evolutionary mix-game model, which is a modified form of the agent-based mix-game model, to predict financial time series. Here, we have carried out three methods to improve the original mix-game model by adding the abilities of strategy evolution to agents, and then applying the new model referred to as the evolutionary mix-game model to forecast the Shanghai Stock Exchange Composite Index. The results show that these modifications can improve the accuracy of prediction greatly when proper parameters are chosen.

Hybrid Clustering-GWO-NARX neural network technique in predicting stock price

NASA Astrophysics Data System (ADS)

Das, Debashish; Safa Sadiq, Ali; Mirjalili, Seyedali; Noraziah, A.

2017-09-01

Prediction of stock price is one of the most challenging tasks due to nonlinear nature of the stock data. Though numerous attempts have been made to predict the stock price by applying various techniques, yet the predicted price is not always accurate and even the error rate is high to some extent. Consequently, this paper endeavours to determine an efficient stock prediction strategy by implementing a combinatorial method of Grey Wolf Optimizer (GWO), Clustering and Non Linear Autoregressive Exogenous (NARX) Technique. The study uses stock data from prominent stock market i.e. New York Stock Exchange (NYSE), NASDAQ and emerging stock market i.e. Malaysian Stock Market (Bursa Malaysia), Dhaka Stock Exchange (DSE). It applies K-means clustering algorithm to determine the most promising cluster, then MGWO is used to determine the classification rate and finally the stock price is predicted by applying NARX neural network algorithm. The prediction performance gained through experimentation is compared and assessed to guide the investors in making investment decision. The result through this technique is indeed promising as it has shown almost precise prediction and improved error rate. We have applied the hybrid Clustering-GWO-NARX neural network technique in predicting stock price. We intend to work with the effect of various factors in stock price movement and selection of parameters. We will further investigate the influence of company news either positive or negative in stock price movement. We would be also interested to predict the Stock indices.

Smolt Monitoring Program Comparative Survival Rate Study (CSS); Oregon Department of Fish and Wildlife, Annual Report 2001-2002.

DOE Office of Scientific and Technical Information (OSTI.GOV)

Jonasson, Brian; Carmichael, Richard

2003-05-01

We PIT-tagged juvenile spring chinook salmon reared at Lookingglass Hatchery in October 2001 as part of the Comparative Survival Rate Study (CSS) for migratory year (MY) 2002. We tagged 20,998 Imnaha stock spring chinook salmon, and after mortality and tag loss, we allowed the remaining 20,920 fish to leave the acclimation pond at our Imnaha River satellite facility beginning 21 March 2002 to begin their seaward migration. The fish remaining in the pond were forced out on 17 April 2002. We tagged 20,973 Catherine Creek stock captive brood progeny spring chinook salmon, and after mortality and tag loss, we allowedmore » the remaining 20,796 fish to leave the acclimation ponds at our Catherine Creek satellite facility beginning 1 April 2001 to begin their seaward migration. The fish remaining in the ponds were forced out on 15 April 2001. We estimated survival rates, from release to Lower Granite Dam in MY 2002, for three stocks of hatchery spring chinook salmon tagged at Lookingglass Hatchery to determine their relative migration performance. Imnaha River stock and Lostine River stock survival rates were similar and were higher than the survival rate of Catherine Creek stock. We PIT-tagged 20,950 BY 2001 Imnaha River stock and 20,820 BY 2001 Catherine Creek stock captive brood progeny in October 2002 as part of the CSS for MY 2003. At the time the fish were transferred from Lookingglass Hatchery to the acclimation site, the rates of mortality and tag loss for Imnaha River stock were 0.14% and 0.06%, respectively. Catherine Creek stock, during the same period, had rates of mortality and tag loss of 0.57% and 0.31%, respectively. There was slightly elevated mortality, primarily from BKD, in one raceway of Catherine Creek stock at Lookingglass Hatchery for BY 2001.« less

Sustainable management for rangelands in a variable climate: evidence and insights from northern Australia.

PubMed

O'Reagain, P J; Scanlan, J C

2013-03-01

Inter-annual rainfall variability is a major challenge to sustainable and productive grazing management on rangelands. In Australia, rainfall variability is particularly pronounced and failure to manage appropriately leads to major economic loss and environmental degradation. Recommended strategies to manage sustainably include stocking at long-term carrying capacity (LTCC) or varying stock numbers with forage availability. These strategies are conceptually simple but difficult to implement, given the scale and spatial heterogeneity of grazing properties and the uncertainty of the climate. This paper presents learnings and insights from northern Australia gained from research and modelling on managing for rainfall variability. A method to objectively estimate LTCC in large, heterogeneous paddocks is discussed, and guidelines and tools to tactically adjust stocking rates are presented. The possible use of seasonal climate forecasts (SCF) in management is also considered. Results from a 13-year grazing trial in Queensland show that constant stocking at LTCC was far more profitable and largely maintained land condition compared with heavy stocking (HSR). Variable stocking (VAR) with or without the use of SCF was marginally more profitable, but income variability was greater and land condition poorer than constant stocking at LTCC. Two commercial scale trials in the Northern Territory with breeder cows highlighted the practical difficulties of variable stocking and provided evidence that heavier pasture utilisation rates depress reproductive performance. Simulation modelling across a range of regions in northern Australia also showed a decline in resource condition and profitability under heavy stocking rates. Modelling further suggested that the relative value of variable v. constant stocking depends on stocking rate and land condition. Importantly, variable stocking may possibly allow slightly higher stocking rates without pasture degradation. Enterprise-level simulations run for breeder herds nevertheless show that poor economic performance can occur under constant stocking and even under variable stocking in some circumstances. Modelling and research results both suggest that a form of constrained flexible stocking should be applied to manage for climate variability. Active adaptive management and research will be required as future climate changes make managing for rainfall variability increasingly challenging.

Stock-outs of essential health products in Mozambique - longitudinal analyses from 2011 to 2013.

PubMed

Wagenaar, Bradley H; Gimbel, Sarah; Hoek, Roxanne; Pfeiffer, James; Michel, Cathy; Manuel, João Luis; Cuembelo, Fatima; Quembo, Titos; Afonso, Pires; Gloyd, Stephen; Sherr, Kenneth

2014-07-01

To assess the relationship between health system factors and facility-level EHP stock-outs in Mozambique. Service provisions were assessed in 26 health facilities and 13 district warehouses in Sofala Province, Mozambique, from July to August in 2011-2013. Generalised estimating equations were used to model factors associated with facility-level availability of essential drugs, supplies and equipment. Stock-out rates for drugs ranged from 1.3% for oral rehydration solution to 20.5% for Depo-Provera and condoms, with a mean stock-out rate of 9.1%; mean stock-out rates were 15.4% for supplies and 4.1% for equipment. Stock-outs at the district level accounted for 27.1% (29/107) of facility-level drug stock-outs and 44.0% (37/84) of supply stock-outs. Each 10-km increase in the distance from district distribution warehouses was associated with a 31% (CI: 22-42%), 28% (CI: 17-40%) or 27% (CI: 7-50%) increase in rates of drug, supply or equipment stock-outs, respectively. The number of heath facility staff was consistently negatively associated with the occurrence of stock-outs. Facility-level stock-outs of EHPs in Mozambique are common and appear to disproportionately affect those living far from district capitals and near facilities with few health staff. The majority of facility-level EHP stock-outs in Mozambique occur when stock exists at the district distribution centre. Innovative methods are urgently needed to improve EHP supply chains, requesting and ordering of drugs, facility and district communication, and forecasting of future EHP needs in Mozambique. Increased investments in public-sector human resources for health could potentially decrease the occurrence of EHP stock-outs. © 2014 John Wiley & Sons Ltd.

Stock-outs of essential health products in Mozambique-longitudinal analyses from 2011 to 2013

PubMed Central

Wagenaar, Bradley H.; Gimbel, Sarah; Hoek, Roxanne; Pfeiffer, James; Michel, Cathy; Manuel, João Luis; Cuembelo, Fatima; Quembo, Titos; Afonso, Pires; Gloyd, Stephen; Sherr, Kenneth

2015-01-01

objectives To assess the relationship between health system factors and facility-level EHP stock-outs in Mozambique. methods Service provisions were assessed in 26 health facilities and 13 district warehouses in Sofala Province, Mozambique, from July to August in 2011–2013. Generalised estimating equations were used to model factors associated with facility-level availability of essential drugs, supplies and equipment. results Stock-out rates for drugs ranged from 1.3% for oral rehydration solution to 20.5% for Depo-Provera and condoms, with a mean stock-out rate of 9.1%; mean stock-out rates were 15.4% for supplies and 4.1% for equipment. Stock-outs at the district level accounted for 27.1% (29/107) of facility-level drug stock-outs and 44.0% (37/84) of supply stock-outs. Each 10-km increase in the distance from district distribution warehouses was associated with a 31% (CI: 22–42%), 28% (CI: 17–40%) or 27% (CI: 7–50%) increase in rates of drug, supply or equipment stock-outs, respectively. The number of heath facility staff was consistently negatively associated with the occurrence of stock-outs. conclusions Facility-level stock-outs of EHPs in Mozambique are common and appear to disproportionately affect those living far from district capitals and near facilities with few health staff. The majority of facility-level EHP stock-outs in Mozambique occur when stock exists at the district distribution centre. Innovative methods are urgently needed to improve EHP supply chains, requesting and ordering of drugs, facility and district communication, and forecasting of future EHP needs in Mozambique. Increased investments in public-sector human resources for health could potentially decrease the occurrence of EHP stock-outs. PMID:24724617

Reforestation as a post-mining land use in the Midwest

DOE Office of Scientific and Technical Information (OSTI.GOV)

Parr, D.E.

1982-12-01

With the passage of the Surface Mining Control and Reclamation Act of 1977 (P.L. 95-87), some very stringent requirements for the successful establishment of trees and shrubs have come into effect. In response to these requirements, AMAX Coal Company is developing a reforestation program for seven surface mines in Indiana and Illinois using the best technology currently available. The program emphasizes obtaining good quality stock, the proper care and handling of stock, the proper planting of the stock, and an effective weed control program. The value of weed control for the establishment and growth of hardwoods has long been recognizedmore » in the forest industry, but has not been used extensively in the reforestation of surface mined lands. The improved survival of tree seedlings with the use of weed control justifies the additional cost. Weed control also enhances the growth of tree seedlings. However, the long term growth of seedlings is questionable due to the compaction resulting from the extensive grading required to achieve approximate original contour. To minimize compaction, a forest area in Illinois is being minimally graded only to the extent necessary for environmental stability. Minimal grading is designed to reduce compaction which in turn will promote the development of a more productive forest resource.« less

Reducing Stock-Outs of Life Saving Malaria Commodities Using Mobile Phone Text-Messaging: SMS for Life Study in Kenya

PubMed Central

Githinji, Sophie; Kigen, Samwel; Memusi, Dorothy; Nyandigisi, Andrew; Mbithi, Agneta M.; Wamari, Andrew; Muturi, Alex N.; Jagoe, George; Barrington, Jim; Snow, Robert W.; Zurovac, Dejan

2013-01-01

Background Health facility stock-outs of life saving malaria medicines are common across Africa. Innovative ways of addressing this problem are urgently required. We evaluated whether SMS based reporting of stocks of artemether-lumefantrine (AL) and rapid diagnostic tests (RDT) can result in reduction of stock-outs at peripheral facilities in Kenya. Methods/Findings All 87 public health facilities in five Kenyan districts were included in a 26 week project. Weekly facility stock counts of four AL packs and RDTs were sent via structured incentivized SMS communication process from health workers’ personal mobile phones to a web-based system accessed by district managers. The mean health facility response rate was 97% with a mean formatting error rate of 3%. Accuracy of stock count reports was 79% while accuracy of stock-out reports was 93%. District managers accessed the system 1,037 times at an average of eight times per week. The system was accessed in 82% of the study weeks. Comparing weeks 1 and 26, stock-out of one or more AL packs declined by 38 percentage-points. Total AL stock-out declined by 5 percentage-points and was eliminated by the end of the project. Stock-out declines of individual AL packs ranged from 14 to 32 percentage-points while decline in RDT stock-outs was 24 percentage-points. District managers responded to 44% of AL and 73% of RDT stock-out signals by redistributing commodities between facilities. In comparison with national trends, stock-out declines in study areas were greater, sharper and more sustained. Conclusions Use of simple SMS technology ensured high reporting rates of reasonably accurate, real-time facility stock data that were used by district managers to undertake corrective actions to reduce stock-outs. Future work on stock monitoring via SMS should focus on assessing response rates without use of incentives and demonstrating effectiveness of such interventions on a larger scale. PMID:23349786

Genetic diversity analysis in Malaysian giant prawns using expressed sequence tag microsatellite markers for stock improvement program.

PubMed

Atin, K H; Christianus, A; Fatin, N; Lutas, A C; Shabanimofrad, M; Subha, B

2017-08-17

The Malaysian giant prawn is among the most commonly cultured species of the genus Macrobrachium. Stocks of giant prawns from four rivers in Peninsular Malaysia have been used for aquaculture over the past 25 years, which has led to repeated harvesting, restocking, and transplantation between rivers. Consequently, a stock improvement program is now important to avoid the depletion of wild stocks and the loss of genetic diversity. However, the success of such an improvement program depends on our knowledge of the genetic variation of these base populations. The aim of the current study was to estimate genetic variation and differentiation of these riverine sources using novel expressed sequence tag-microsatellite (EST-SSR) markers, which not only are informative on genetic diversity but also provide information on immune and metabolic traits. Our findings indicated that the tested stocks have inbreeding depression due to a significant deficiency in heterozygotes, and F IS was estimated as 0.15538 to 0.31938. An F-statistics analysis suggested that the stocks are composed of one large panmictic population. Among the four locations, stocks from Johor, in the southern region of the peninsular, showed higher allelic and genetic diversity than the other stocks. To overcome inbreeding problems, the Johor population could be used as a base population in a stock improvement program by crossing to the other populations. The study demonstrated that EST-SSR markers can be incorporated in future marker assisted breeding to aid the proper management of the stocks by breeders and stakeholders in Malaysia.

Modeling Long-term Behavior of Stock Market Prices Using Differential Equations

NASA Astrophysics Data System (ADS)

Yang, Xiaoxiang; Zhao, Conan; Mazilu, Irina

2015-03-01

Due to incomplete information available in the market and uncertainties associated with the price determination process, the stock prices fluctuate randomly during a short period of time. In the long run, however, certain economic factors, such as the interest rate, the inflation rate, and the company's revenue growth rate, will cause a gradual shift in the stock price. Thus, in this paper, a differential equation model has been constructed in order to study the effects of these factors on the stock prices. The model obtained accurately describes the general trends in the AAPL and XOM stock price changes over the last ten years.

Sustainable fisheries in shallow lakes: an independent empirical test of the Chinese mitten crab yield model

NASA Astrophysics Data System (ADS)

Wang, Haijun; Liang, Xiaomin; Wang, Hongzhu

2017-07-01

Next to excessive nutrient loading, intensive aquaculture is one of the major anthropogenic impacts threatening lake ecosystems. In China, particularly in the shallow lakes of mid-lower Changjiang (Yangtze) River, continuous overstocking of the Chinese mitten crab ( Eriocheir sinensis) could deteriorate water quality and exhaust natural resources. A series of crab yield models and a general optimum-stocking rate model have been established, which seek to benefit both crab culture and the environment. In this research, independent investigations were carried out to evaluate the crab yield models and modify the optimum-stocking model. Low percentage errors (average 47%, median 36%) between observed and calculated crab yields were obtained. Specific values were defined for adult crab body mass (135 g/ind.) and recapture rate (18% and 30% in lakes with submerged macrophyte biomass above and below 1 000 g/m2) to modify the optimum-stocking model. Analysis based on the modified optimum-stocking model indicated that the actual stocking rates in most lakes were much higher than the calculated optimum-stocking rates. This implies that, for most lakes, the current stocking rates should be greatly reduced to maintain healthy lake ecosystems.

Correlation analysis of the Korean stock market: Revisited to consider the influence of foreign exchange rate

NASA Astrophysics Data System (ADS)

Jo, Sang Kyun; Kim, Min Jae; Lim, Kyuseong; Kim, Soo Yong

2018-02-01

We investigated the effect of foreign exchange rate in a correlation analysis of the Korean stock market using both random matrix theory and minimum spanning tree. We collected data sets which were divided into two types of stock price, the original stock price in Korean Won and the price converted into US dollars at contemporary foreign exchange rates. Comparing the random matrix theory based on the two different prices, a few particular sectors exhibited substantial differences while other sectors changed little. The particular sectors were closely related to economic circumstances and the influence of foreign financial markets during that period. The method introduced in this paper offers a way to pinpoint the effect of exchange rate on an emerging stock market.

Effect of 3 Weeks Use of Compression Garments on Stride and Impact Shock during a Fatiguing Run.

PubMed

Lucas-Cuevas, A G; Priego-Quesada, J I; Aparicio, I; Giménez, J V; Llana-Belloch, S; Pérez-Soriano, P

2015-10-01

Excessive and prolonged exposure to impact acceleration during running is associated with increased injury rate. Acute use of compressive garments has been speculated to improve attenuation. However, it is unknown how longer interventions of compressive garments influence attenuation in running. 40 runners trained with compressive and placebo stockings for 3 weeks. Perception of comfort, stride parameters (rate, length) and impact acceleration (head and tibial peak acceleration, magnitude, acceleration rate and attenuation) were measured every 5 min during a fatigue run (30 min at 80% of the individual's maximal aerobic speed). Compressive stockings reduced tibial peak acceleration and magnitude compared to placebo stockings at every minute (p<0.05) except for the initial measurement (p>0.05). Moreover, compressive stockings led to a lower rate of increase in tibial peak acceleration (14%, p<0.005) and magnitude (16%, p<0.001) as a result of the development of fatigue compared to placebo stockings (24% and 26% increase, p=0.014 and p=0.003, respectively). Similar perception of comfort was reported for both garments. Training with compressive stockings for 3 weeks reduced impact acceleration and the rate of increase in acceleration compared to placebo stockings. These findings suggest that compressive stockings may play a protective role by reducing impact accelerations during running. © Georg Thieme Verlag KG Stuttgart · New York.

Maintenance and Expansion: Modeling Material Stocks and Flows for Residential Buildings and Transportation Networks in the EU25.

PubMed

Wiedenhofer, Dominik; Steinberger, Julia K; Eisenmenger, Nina; Haas, Willi

2015-08-01

Material stocks are an important part of the social metabolism. Owing to long service lifetimes of stocks, they not only shape resource flows during construction, but also during use, maintenance, and at the end of their useful lifetime. This makes them an important topic for sustainable development. In this work, a model of stocks and flows for nonmetallic minerals in residential buildings, roads, and railways in the EU25, from 2004 to 2009 is presented. The changing material composition of the stock is modeled using a typology of 72 residential buildings, four road and two railway types, throughout the EU25. This allows for estimating the amounts of materials in in-use stocks of residential buildings and transportation networks, as well as input and output flows. We compare the magnitude of material demands for expansion versus those for maintenance of existing stock. Then, recycling potentials are quantitatively explored by comparing the magnitude of estimated input, waste, and recycling flows from 2004 to 2009 and in a business-as-usual scenario for 2020. Thereby, we assess the potential impacts of the European Waste Framework Directive, which strives for a significant increase in recycling. We find that in the EU25, consisting of highly industrialized countries, a large share of material inputs are directed at maintaining existing stocks. Proper management of existing transportation networks and residential buildings is therefore crucial for the future size of flows of nonmetallic minerals.

Maintenance and Expansion: Modeling Material Stocks and Flows for Residential Buildings and Transportation Networks in the EU25

PubMed Central

Steinberger, Julia K.; Eisenmenger, Nina; Haas, Willi

2015-01-01

Summary Material stocks are an important part of the social metabolism. Owing to long service lifetimes of stocks, they not only shape resource flows during construction, but also during use, maintenance, and at the end of their useful lifetime. This makes them an important topic for sustainable development. In this work, a model of stocks and flows for nonmetallic minerals in residential buildings, roads, and railways in the EU25, from 2004 to 2009 is presented. The changing material composition of the stock is modeled using a typology of 72 residential buildings, four road and two railway types, throughout the EU25. This allows for estimating the amounts of materials in in‐use stocks of residential buildings and transportation networks, as well as input and output flows. We compare the magnitude of material demands for expansion versus those for maintenance of existing stock. Then, recycling potentials are quantitatively explored by comparing the magnitude of estimated input, waste, and recycling flows from 2004 to 2009 and in a business‐as‐usual scenario for 2020. Thereby, we assess the potential impacts of the European Waste Framework Directive, which strives for a significant increase in recycling. We find that in the EU25, consisting of highly industrialized countries, a large share of material inputs are directed at maintaining existing stocks. Proper management of existing transportation networks and residential buildings is therefore crucial for the future size of flows of nonmetallic minerals. PMID:27524878

Management of paediatric illnesses by patent and proprietary medicine vendors in Nigeria.

PubMed

Treleaven, Emily; Liu, Jenny; Prach, Lisa M; Isiguzo, Chinwoke

2015-06-04

In Nigeria and elsewhere, informal drug sellers, or patent and proprietary medicine vendors (PPMVs), are a common source of care for children with malaria, diarrhoea, and pneumonia. However, their knowledge and stocking of recommended treatments for these common childhood illnesses are not well understood. A census of PPMV shops was conducted in Kogi and Kwara states. A shop survey was conducted on a subset of 250 shops. Multivariate regression analysis was used to assess associations between shop worker characteristics and (1) knowledge of optimal treatments for malaria, diarrhoea, and pneumonia, and (2) stocking of essential medicines to treat these illnesses. From the census, 89.9% of shops stocked oral rehydration solution (ORS), while 61.1% of shops stocked artemisinin-based combination therapies and 72.2% of shops stocked amoxicillin. Stocking patterns varied by state, urban/rural location, and according to whether or not the shop was headed by someone with formal health training (e.g. having a professional health education degree). In multivariate analyses, selling drugs wholesale and participating in any training in the past year was associated with a higher likelihood of naming the correct treatment for malaria, and having formal health training was associated with stocking ORS. However, few other PPMV characteristics were predictive of correct knowledge of optimal treatments and stocking behaviour. Many PPMVs lack the knowledge and tools to properly treat common childhood illnesses. PPMV knowledge and selling of essential medicines for these illnesses should be strengthened to improve child health in Nigeria.

26 CFR 1.247-1 - Deduction for dividends paid on preferred stock of public utilities.

Code of Federal Regulations, 2010 CFR

2010-04-01

... consumers as are the rates within the regulated territory. (c) Preferred stock. (1) For the purposes of... distributions, and payable in preference to the payment of dividends on other stock, and (iii) the rate of...

Land use change and carbon stock dynamics in Sub-Saharan Africa - Case study of Western Africa - Ghana

NASA Astrophysics Data System (ADS)

Grieco, E.; Chiti, T.; Valentini, R.

2012-04-01

Among different regions of the world, Africa and particularly sub-Saharan Africa (SSA) has contributed less than any other to the greenhouse gas emissions, but it is also the region most vulnerable and the least well equipped to the consequences. In SSA the role of land use change in controlling CO2 emissions may be more critical than in any other regions and perhaps the most uncertain component of the global carbon cycle. The most typical example of incomplete estimates will arise from the lack of reliable data for carbon pools. Three factors account for much of the rest of the uncertainty: (1) initial stocks of carbon in ecosystems affected by land-use change, (2) per hectare changes in carbon stocks in response to different types of land-use change, and (3) legacy effects; that is, the time it takes for carbon stocks to equilibrate following a change in land use. Considering the source of uncertainty and the lack of field data for SSA, the study has been located in Ghana (Jomoro district, Western Region) where forest is the only source of wood for domestic uses and deforestation annual rate was 2.2% for the period 2005-2010. This study analyze the above mentioned gaps by assessing: 1) initial carbon stocks (tropical rain forest), 2) per hectare changes in carbon stocks as consequence of deforestation followed by six different main land uses [tree plantations (rubber, coconut, cocoa, oil palm, mixed plantations) and a secondary forest], 3) dynamics of soil carbon stocks through the time considering chronosequences. When accounting changes in carbon stocks in the UNFCCC framework, it is required to consider 5 carbon pools that are: aboveground biomass, belowground biomass, litter, dead wood and soil. Within REDD+ mechanism it is clear that only aboveground pool has to be always considered, belowground biomass is recommended and the others are facultative. Evidence from official UNFCCC reports suggests that only a very small fraction of developing countries currently reports data on soil carbon, although emissions from soils following deforestation are likely to be significant in many cases. Despite the common understanding about the effects of deforestation on different compartments in terms of carbon stocks (e.g. disappearance of biomass ) variations in soil carbon are much less perceptible, even after a radical change in land use . This study brings in the spotlight the soil reaction to radical land use change in the long run demonstrating that it is not so trifle as commonly believed. Importance of considering soil carbon stock for accounting land use change dynamics is not properly recognized in the international deforestation policies and its influence in mitigating climate change is nowadays neglected but it is really not negligible.

Optimising stocking rate and grazing management to enhance environmental and production outcomes for native temperate grasslands

NASA Astrophysics Data System (ADS)

Badgery, Warwick; Zhang, Yingjun; Huang, Ding; Broadfoot, Kim; Kemp, David; Mitchell, David

2015-04-01

Stocking rate and grazing management can be altered to enhance the sustainable production of grasslands but the relative influence of each has not often been determined for native temperate grasslands. Grazing management can range from seasonal rests through to intensive rotational grazing involving >30 paddocks. In large scale grazing, it can be difficult to segregate the influence of grazing pressure from the timing of utilisation. Moreover, relative grazing pressure can change between years as seasonal conditions influence grassland production compared to the relative constant requirements of animals. This paper reports on two studies in temperate native grasslands of northern China and south eastern Australia that examined stocking rate and regionally relevant grazing management strategies. In China, the grazing experiment involved combinations of a rest, moderate or heavy grazing pressure of sheep in spring, then moderate or heavy grazing in summer and autumn. Moderate grazing pressure at 50% of the current district average, resulted in the better balance between maintaining productive and diverse grasslands, a profitable livestock system, and mitigation of greenhouse gases through increased soil carbon, methane uptake by the soil, and efficient methane emissions per unit of weight gain. Spring rests best maintained a desirable grassland composition, but had few other benefits and reduced livestock productivity due to lower feed quality from grazing later in the season. In Australia, the grazing experiment compared continuous grazing to flexible 4- and 20-paddock rotational grazing systems with sheep. Stocking rates were adjusted between systems biannually based on the average herbage mass of the grassland. No treatment degraded the perennial pasture composition, but ground cover was maintained at higher levels in the 20-paddock system even though this treatment had a higher stocking rate. Overall there was little difference in livestock production (e.g. kg lamb/ha), because individual animal performance was greater for continuous grazing than higher intensity grazing systems (4-Paddock and 20-Paddock). Differences in SOC, CO2 flux and erosion were determined by landscape position rather than grazing treatment. To remove the confounding influences of stocking rate and grazing management, the Ausfarm biophysical model, calibrated to the experimental treatments, examined the interaction between grazing management and stocking rates. Ground cover and profitability were similar between grazing systems at lower stocking rates (3 ewes per ha), but continuous grazing had higher profitability and lower ground cover above the optimum stocking rate of 4 ewes per ha. The findings of these two studies suggest that optimising stocking rate is more important than grazing management for a sustainable and profitable grazing system. Grazing management can further enhance environmental outcomes for an optimal stocking rate, but the findings from the Chinese study particularly highlight the need to look at multiple ecosystem services, when optimising systems. The Australian study also suggests the optimum stocking rate is dependent on the intensity of grazing management. Further work is required to understand the influence of landscape on grassland production and how stocking rates and grazing management can be sustainably optimised for different landscape areas to utilise this variation more effectively.

On the rebound: soil organic carbon stocks can bounce back to near forest levels when agroforests replace agriculture in southern India

NASA Astrophysics Data System (ADS)

Hombegowda, H. C.; van Straaten, O.; Köhler, M.; Hölscher, D.

2016-01-01

Tropical agroforestry has an enormous potential to sequester carbon while simultaneously producing agricultural yields and tree products. The amount of soil organic carbon (SOC) sequestered is influenced by the type of the agroforestry system established, the soil and climatic conditions, and management. In this regional-scale study, we utilized a chronosequence approach to investigate how SOC stocks changed when the original forests are converted to agriculture, and then subsequently to four different agroforestry systems (AFSs): home garden, coffee, coconut and mango. In total we established 224 plots in 56 plot clusters across 4 climate zones in southern India. Each plot cluster consisted of four plots: a natural forest reference, an agriculture reference and two of the same AFS types of two ages (30-60 years and > 60 years). The conversion of forest to agriculture resulted in a large loss the original SOC stock (50-61 %) in the top meter of soil depending on the climate zone. The establishment of home garden and coffee AFSs on agriculture land caused SOC stocks to rebound to near forest levels, while in mango and coconut AFSs the SOC stock increased only slightly above the agriculture SOC stock. The most important variable regulating SOC stocks and its changes was tree basal area, possibly indicative of organic matter inputs. Furthermore, climatic variables such as temperature and precipitation, and soil variables such as clay fraction and soil pH were likewise all important regulators of SOC and SOC stock changes. Lastly, we found a strong correlation between tree species diversity in home garden and coffee AFSs and SOC stocks, highlighting possibilities to increase carbon stocks by proper tree species assemblies.

On the rebound: soil organic carbon stocks can bounce back to near forest levels when agroforests replace agriculture in southern India

NASA Astrophysics Data System (ADS)

Hombegowda, H. C.; van Straaten, O.; Köhler, M.; Hölscher, D.

2015-08-01

Tropical agroforestry has an enormous potential to sequester carbon while simultaneously producing agricultural yields and tree products. The amount of soil organic carbon (SOC) sequestered is however influenced by the type of the agroforestry system established, the soil and climatic conditions and management. In this regional scale study, we utilized a chronosequence approach to investigate how SOC stocks changed when the original forests are converted to agriculture, and then subsequently to four different agroforestry systems (AFSs): homegarden, coffee, coconut and mango. In total we established 224 plots in 56 plot clusters across four climate zones in southern India. Each plot cluster consisted of four plots: a natural forest reference plot, an agriculture reference and two of the same AFS types of two ages (30-60 years and > 60 years). The conversion of forest to agriculture resulted in a large loss the original SOC stock (50-61 %) in the top meter of soil depending on the climate zone. The establishment of homegarden and coffee AFSs on agriculture land caused SOC stocks to rebound to near forest levels, while in mango and coconut AFSs the SOC stock increased only slightly above the agriculture stock. The most important variable regulating SOC stocks and its changes was tree basal area, possibly indicative of organic matter inputs. Furthermore, climatic variables such as temperature and precipitation, and soil variables such as clay fraction and soil pH were likewise all important regulators of SOC and SOC stock changes. Lastly, we found a strong correlation between tree species diversity in homegarden and coffee AFSs and SOC stocks, highlighting possibilities to increase carbon stocks by proper tree species assemblies.

How applicable is uneven-age management in northern forest types?

Treesearch

Stanley M. Filip

1977-01-01

For the proper application and practice of uneven-age management, one must consider residual stocking, maximum tree-size objective, and diameter distribution. All three components are described, and it is shown how they fit into a practical package for application in a timber tract.

Population regulation in Gyrodactylus salaris - Atlantic salmon (Salmo salar L.) interactions: testing the paradigm.

PubMed

Ramírez, Raúl; Bakke, Tor A; Harris, Philip D

2015-07-25

Gyrodactylus salaris is a directly transmitted ectoparasite that reproduces in situ on its fish host. Wild Norwegian (East Atlantic) salmon stocks are thought to be especially susceptible to the parasite due to lack of co-adaptation, contrary to Baltic salmon stocks. This study i) identifies whether time- and density-dependent mechanisms in gyrodactylid population growth exist in G. salaris-Atlantic salmon interactions and ii) based on differences between Norwegian and Baltic stocks, determines whether the 'Atlantic susceptible, Baltic resistant' paradigm holds as an example of local adaptation. A total of 18 datasets of G. salaris population growth on individually isolated Atlantic salmon (12 different stocks) infected with three parasite strains were re-analysed using a Bayesian approach. Datasets included over 2000 observations of 388 individual fish. The best fitting model of population growth was time-limited; parasite population growth rate declined consistently from the beginning of infection. We found no evidence of exponential population growth in any dataset. In some stocks, a density dependence in the size of the initial inoculum limited the maximum rate of parasite population growth. There is no evidence to support the hypothesis that all Norwegian and Scottish Atlantic salmon stocks are equally susceptible to G. salaris, while Baltic stocks control and limit infections due to co-evolution. Northern and Western Norwegian as well as the Scottish Shin stocks, support higher initial parasite population growth rates than Baltic, South-eastern Norwegian, or the Scottish Conon stocks, and several Norwegian stocks tested (Akerselva, Altaelva, Lierelva, Numedalslågen), and the Scottish stocks (i.e. Conon, Shin), were able to limit infections after 40-50 days. No significant differences in performance of the three parasite strains (Batnfjordselva, Figga, and Lierelva), or the two parasite mitochondrial haplotypes (A and F) were observed. Our study shows a spectrum of growth rates, with some fish of the South-eastern Norwegian stocks sustaining parasite population growth rates overlapping those seen on Baltic Neva and Indalsälv stocks. This observation is inconsistent with the 'Baltic-resistant, Atlantic-susceptible' hypothesis, but suggests heterogeneity, perhaps linked to other host resistance genes driven by selection for local disease syndromes.

Influence of stocking rate and steroidal implants on growth rate of steers grazing toxic tall fescue and subsequent physiological responses.

PubMed

Aiken, G E; Looper, M L; Tabler, S F; Brauer, D K; Strickland, J R; Schrick, F N

2006-06-01

An 84-d grazing experiment was conducted in 2 growing seasons to evaluate interactions of stocking rate and steroidal implants with BW gain and symptoms of toxicosis in yearling steers grazing endemic endophyte-infected (E+) tall fescue (Festuca arundinacea Schreb.). A 4 x 2 factoral design was used to evaluate 4 stocking rates (3.0, 4.0, 5.0, and 6.0 steers/ ha) with or without steroidal implants (200 mg of progesterone + 20 mg of estradiol benzoate). Treatment combinations were randomly assigned to eight 1-ha pastures of E+ Kentucky-31 tall fescue (i.e., treatments were not replicated). Treatment effects were analyzed for ADG, total BW gain per hectare, forage availability, and hair coat ratings. At the conclusion of grazing in the second year (22 June), steers were placed on a bermudagrass [Cynodon dactylon (L.) Pers.] pasture, and rectal temperatures and serum prolactin concentrations were monitored for 10 d to assess carryover effects of stocking rate and steroidal implants on recovery from toxicosis-related heat stress. Forage availability differed (P < 0.001) between years, but there were no year x treatment interactions (P > 0.10). There was an implant x stocking rate interaction (P < 0.05) on ADG. Differences between the slopes in the regression equations indicated that ADG responded to implantation when stocking rates were low, but the response diminished as stocking rate increased. Stocking rate did not influence (P = 0.89) postgraze rectal temperature, but the regression intercept for implanted steers was 0.4 degrees C greater (P < 0.05) than for nonimplanted steers, and the difference was consistent across the entire 10-d fescue-free grazing period. Concentrations of prolactin increased during the 10-d fescue-free grazing period, but trends differed due to an implantation x stocking rate interaction (P < 0.05). Results indicate that implantation with progesterone + estradiol benzoate increases ADG with lower stocking rates, but the effect diminishes with increased grazing intensity. Implantation with steroid hormones increased rectal temperatures, but during a fescue-free grazing period rectal temperatures and serum prolactins for implanted and nonimplanted steers returned to values indicative of a stable and healthy status in a 192- to 240-h (i.e., an 8- to 10-d) period. However, because the treatments used in this study were not replicated, these observations need to be confirmed with replicated studies.

Influence of stocking density on growth, body composition and energy budget of Atlantic salmon Salmo salar L. in recirculating aquaculture systems

NASA Astrophysics Data System (ADS)

Liu, Baoliang; Liu, Ying; Liu, Ziyi; Qiu, Denggao; Sun, Guoxiang; Li, Xian

2014-09-01

Atlantic salmon Salmo salar were reared at four stocking densities—high density D 1 (final density ˜39 kg/m3), medium densities D 2 (˜29 kg/m3) and D 3 (˜19 kg/m3), and low density D 4 (˜12 kg/m3)—for 40 days to investigate the effect of stocking density on their growth performance, body composition and energy budgets. Stocking density did not significantly affect specific growth rate in terms of weight (SGRw) but did affect specific growth rate in terms of energy (SGRe). Stocking density significantly influenced the ration level (RLw and RLe), feed conversion ratio (FCRw and FCRe) and apparent digestibility rate (ADR). Ration level and FCRw tended to increase with increasing density. Fish at the highest density D 1 and lowest density D 4 showed lower FCRe and higher ADR than at medium densities. Stocking density significantly affected protein and energy contents of the body but did not affect its moisture, lipid, or ash contents. The expenditure of energy for metabolism in the low-density and high-density groups was lower than that in the medium-density groups. Stocking density affected energy utilization from the feces but had no effect on excretion rate. The greater energy allocation to growth at high density and low density may be attributed to reduced metabolic rate and increased apparent digestibility rate. These findings provide information that will assist selection of suitable stocking densities in the Atlantic-salmon-farming industry.

Effects of Grazing Pressure on Efficiency of Grazing on North American Great Plains Rangelands

USDA-ARS?s Scientific Manuscript database

Robust prediction models describing vegetation and animal responses to stocking rate in North American Great Plains rangelands are lacking as across site comparisons are limited by different qualitative designations of light, moderate and heavy stocking. Comparisons of stocking rates across sites ca...

Prescriptions vary in ponderosa regeneration

Treesearch

Dale O. Hall

1969-01-01

Nonproducing acres and unproductive years are both costly to timberland owners. These costs are reduced by restoring timber stocking with minimum delay. The proper prescription for regeneration can insure fast restocking. But the silviculturist prescribes slash disposal, site preparation, seeding, and planting only after he has carefully examined the site environment...

76 FR 23335 - Wilderness Stewardship Plan/Environmental Impact Statement, Sequoia and Kings Canyon National...

Federal Register 2010, 2011, 2012, 2013, 2014

2011-04-26

... planning and environmental impact analysis process required to inform consideration of alternative... 5, 1996. Based on an analysis of the numerous scoping comments received, and with consideration of a... proper food storage; party size; camping and campsites; human waste management; stock use; meadow...

Dynamic structure of stock communities: a comparative study between stock returns and turnover rates

NASA Astrophysics Data System (ADS)

Su, Li-Ling; Jiang, Xiong-Fei; Li, Sai-Ping; Zhong, Li-Xin; Ren, Fei

2017-07-01

The detection of community structure in stock market is of theoretical and practical significance for the study of financial dynamics and portfolio risk estimation. We here study the community structures in Chinese stock markets from the aspects of both price returns and turnover rates, by using a combination of the PMFG and infomap methods based on a distance matrix. An empirical study using the overall data set shows that for both returns and turnover rates the largest communities are composed of specific industrial or conceptional sectors and the correlation inside a sector is generally larger than the correlation between different sectors. However, the community structure for turnover rates is more complex than that for returns, which indicates that the interactions between stocks revealed by turnover rates may contain more information. This conclusion is further confirmed by the analysis of the changes in the dynamics of community structures over five sub-periods. Sectors like banks, real estate, health care and New Shanghai take turns to comprise a few of the largest communities in different sub-periods, and more interestingly several specific sectors appear in the communities with different rank orders for returns and turnover rates even in the same sub-period. To better understand their differences, a comparison between the evolution of the returns and turnover rates of the stocks from these sectors is conducted. We find that stock prices only had large changes around important events while turnover rates surged after each of these events relevant to specific sectors, which shows strong evidence that the turnover rates are more susceptible to exogenous shocks than returns and its measurement for community detection may contain more useful information about market structure.

Allowance for funds in construction: accounting stepchild and regulatory football

DOE Office of Scientific and Technical Information (OSTI.GOV)

Coughlan, P.B.

AFC (allowance for funds in construction) is an accounting method of recording the use of additional capital needed to compensate the capital already invested in construction work in progress (CWIP) where CWIP is excluded from the utility's rate base. As a practical matter, the compensation in the form of interest on debt, dividends on preferred and common stocks, and reinvested earnings is paid or recorded currently. Since the CWIP is not included in rate base and current customers are not paying any revenues to support the CWIP capital, the cash to pay the interest comes from a variety of sources,more » including cash revenues covering depreciation and reinvested earnings on rate base capital as well as from sales of additional bonds and stock. Commissions and courts have examined AFC in some depth, but many problems remain. Four unresolved areas are examined in this paper: (1) should AFC be compounded, whether directly or indirectly; (2) who should benefit from the current tax reduction associated with the interest component of AFC; (3) is AFC really a noncash accounting gimmick; (4) what happens when you sell AFC-bearing construction work in progress to a third party. The author presents examples to show why he believes AFC represents valid, good-quality earnings for utilities. It properly represents cash income if certain prerequisite conditions are present and prerequisite procedures followed in its calculation. Among the factors cited in favor of such an allowance by regulators is an avoidance of regulatory lag in much the same way as provided by automatic cost adjustments. (MCW)« less

Factors associated with stocked cutthroat trout populations in high-mountain lakes

USGS Publications Warehouse

Bailey, Paul E.; Hubert, W.A.

2003-01-01

High-mountain lakes provide important fisheries in the Rocky Mountains; therefore we sought to gain an understanding of the relationships among environmental factors, accessibility to anglers, stocking rates, and features of stocks of cutthroat trout Oncorhynchus clarki in high-mountain lakes of the Bighorn Mountains, Wyoming. We sampled fish with experimental gill nets, measured lake habitat features, and calculated factors affecting angler access among 19 lakes that lacked sufficient natural reproduction to support salmonid fisheries and that were stocked at 1-, 2-, or 4-year intervals with fingerling cutthroat trout. We found that angler accessibility was probably the primary factor affecting stock structure, whereas stocking rates affected the densities of cutthroat trout among lakes. The maximum number of years survived after stocking appeared to have the greatest affect on biomass and population structure. Our findings suggest that control of harvest and manipulation of stocking densities can affect the density, biomass, and structure of cutthroat trout stocks in high-elevation lakes.

Potential increases in natural disturbance rates could offset forest management impacts on ecosystem carbon stocks

USGS Publications Warehouse

Bradford, John B.; Jensen, Nicholas R.; Domke, Grant M.; D’Amato, Anthony W.

2013-01-01

Forested ecosystems contain the majority of the world’s terrestrial carbon, and forest management has implications for regional and global carbon cycling. Carbon stored in forests changes with stand age and is affected by natural disturbance and timber harvesting. We examined how harvesting and disturbance interact to influence forest carbon stocks over the Superior National Forest, in northern Minnesota. Forest inventory data from the USDA Forest Service, Forest Inventory and Analysis program were used to characterize current forest age structure and quantify the relationship between age and carbon stocks for eight forest types. Using these findings, we simulated the impact of alternative management scenarios and natural disturbance rates on forest-wide terrestrial carbon stocks over a 100-year horizon. Under low natural mortality, forest-wide total ecosystem carbon stocks increased when 0% or 40% of planned harvests were implemented; however, the majority of forest-wide carbon stocks decreased with greater harvest levels and elevated disturbance rates. Our results suggest that natural disturbance has the potential to exert stronger influence on forest carbon stocks than timber harvesting activities and that maintaining carbon stocks over the long-term may prove difficult if disturbance frequency increases in response to climate change.

27 CFR 46.221 - Floor stocks tax rates.

Code of Federal Regulations, 2011 CFR

2011-04-01

... CIGARETTE PAPERS AND TUBES Floor Stocks Tax on Certain Tobacco Products, Cigarette Papers, and Cigarette... Floor stocks tax rate Small cigars $48.502 per thousand. Small cigarettes 30.83 per thousand. Large cigarettes 6½ inch or less in length 64.74 per thousand. Large cigarettes more than 6½ inch in length 30.83...

27 CFR 46.221 - Floor stocks tax rates.

Code of Federal Regulations, 2014 CFR

2014-04-01

... CIGARETTE PAPERS AND TUBES Floor Stocks Tax on Certain Tobacco Products, Cigarette Papers, and Cigarette... Floor stocks tax rate Small cigars $48.502 per thousand. Small cigarettes 30.83 per thousand. Large cigarettes 61/2 inch or less in length 64.74 per thousand. Large cigarettes more than 61/2 inch in length 30...

50 CFR 660.40 - Overfished species rebuilding plans.

Code of Federal Regulations, 2011 CFR

2011-10-01

... biennial ACLs, specifically the target date for rebuilding the stock to its MSY level and the harvest... Potential Ratio” or “SPR” harvest rate. (a) Bocaccio. The target year for rebuilding the bocaccio stock... bocaccio stock is an annual SPR harvest rate of 77.7 percent. (b) Canary rockfish. The target year for...

27 CFR 46.221 - Floor stocks tax rates.

Code of Federal Regulations, 2013 CFR

2013-04-01

... CIGARETTE PAPERS AND TUBES Floor Stocks Tax on Certain Tobacco Products, Cigarette Papers, and Cigarette... Floor stocks tax rate Small cigars $48.502 per thousand. Small cigarettes 30.83 per thousand. Large cigarettes 61/2 inch or less in length 64.74 per thousand. Large cigarettes more than 61/2 inch in length 30...

27 CFR 46.221 - Floor stocks tax rates.

Code of Federal Regulations, 2010 CFR

2010-04-01

... CIGARETTE PAPERS AND TUBES Floor Stocks Tax on Certain Tobacco Products, Cigarette Papers, and Cigarette... Floor stocks tax rate Small cigars $48.502 per thousand. Small cigarettes 30.83 per thousand. Large cigarettes 6½ inch or less in length 64.74 per thousand. Large cigarettes more than 6½ inch in length 30.83...

27 CFR 46.221 - Floor stocks tax rates.

Code of Federal Regulations, 2012 CFR

2012-04-01

... CIGARETTE PAPERS AND TUBES Floor Stocks Tax on Certain Tobacco Products, Cigarette Papers, and Cigarette... Floor stocks tax rate Small cigars $48.502 per thousand. Small cigarettes 30.83 per thousand. Large cigarettes 6½ inch or less in length 64.74 per thousand. Large cigarettes more than 6½ inch in length 30.83...

Food web dynamics affect Northeast Arctic cod recruitment.

PubMed

Hjermann, Dag Ø; Bogstad, Bjarte; Eikeset, Anne Maria; Ottersen, Geir; Gjøsaeter, Harald; Stenseth, Nils Chr

2007-03-07

Proper management of ecosystems requires an understanding of both the species interactions as well as the effect of climate variation. However, a common problem is that the available time-series are of different lengths. Here, we present a general approach for studying the dynamic structure of such interactions. Specifically, we analyse the recruitment of the world's largest cod stock, the Northeast Arctic cod. Studies based on data starting in the 1970-1980s indicate that this stock is affected by temperature through a variety of pathways. However, the value of such studies is somewhat limited by the fact that they are based on a quite specific ecological and climatic situation. Recently, this stock has consisted of fairly young fish and the spawning stock has consisted of relatively few age groups. In this study, we develop a model for the effect of capelin (the cod's main prey) and herring on cod recruitment since 1973. Based on this model, we analyse data on cod, herring and temperature going back to 1921 and find that food-web effects explain a significant part of the cod recruitment variation back to around 1950.

Soil microbial characteristics and seed bank dynamics of stock-piled top soils in ther western Rio Grande Plains

USDA-ARS?s Scientific Manuscript database

Increased energy extraction has impacted rangelands throughout the western U.S. Ecological restoration can be enhanced with proper management of affected top soils. Little information exists on effects of stockpiling on soil microbial community composition and functionality and seed bank dynamics. T...

Harvesting, storing, and shipping [Chapter 13

Treesearch

Thomas D. Landis; Tara Luna

2009-01-01

Plants are ready for harvest and delivery to clients after they have reached target specifications (see Chapter 2, The Target Plant Concept) and have been properly hardened (see Chapter 12, Hardening). Originally, nursery stock was grown in soil in fields; nursery managers would "lift" those seedlings out of the ground to harvest them. That traditional...

Activities That Increase Germination and Establishment of Longleaf Pine Seedlings in Containers

Treesearch

James P. Barnett

2002-01-01

Critical to the successful production of longleaf pine (Pinus palustris Mill.) container stock is use of high quality seeds that are properly prepared and sown. Uniformity in germination and establishment in containers makes nursery production easier and more profitable for the grower. Activities that affect seedling performance include: time of seed...

25 CFR 700.701 - Definitions.

Code of Federal Regulations, 2011 CFR

2011-04-01

... with soil, watershed, wildlife, and other values. (g) Stocking rate means the authorized stocking rate... production, range utilization, land management applications being applied, and range improvements in place to...

25 CFR 700.701 - Definitions.

Code of Federal Regulations, 2010 CFR

2010-04-01

... with soil, watershed, wildlife, and other values. (g) Stocking rate means the authorized stocking rate... production, range utilization, land management applications being applied, and range improvements in place to...

Confidence and self-attribution bias in an artificial stock market.

PubMed

Bertella, Mario A; Pires, Felipe R; Rego, Henio H A; Silva, Jonathas N; Vodenska, Irena; Stanley, H Eugene

2017-01-01

Using an agent-based model we examine the dynamics of stock price fluctuations and their rates of return in an artificial financial market composed of fundamentalist and chartist agents with and without confidence. We find that chartist agents who are confident generate higher price and rate of return volatilities than those who are not. We also find that kurtosis and skewness are lower in our simulation study of agents who are not confident. We show that the stock price and confidence index-both generated by our model-are cointegrated and that stock price affects confidence index but confidence index does not affect stock price. We next compare the results of our model with the S&P 500 index and its respective stock market confidence index using cointegration and Granger tests. As in our model, we find that stock prices drive their respective confidence indices, but that the opposite relationship, i.e., the assumption that confidence indices drive stock prices, is not significant.

Confidence and self-attribution bias in an artificial stock market

PubMed Central

Bertella, Mario A.; Pires, Felipe R.; Rego, Henio H. A.; Vodenska, Irena; Stanley, H. Eugene

2017-01-01

Using an agent-based model we examine the dynamics of stock price fluctuations and their rates of return in an artificial financial market composed of fundamentalist and chartist agents with and without confidence. We find that chartist agents who are confident generate higher price and rate of return volatilities than those who are not. We also find that kurtosis and skewness are lower in our simulation study of agents who are not confident. We show that the stock price and confidence index—both generated by our model—are cointegrated and that stock price affects confidence index but confidence index does not affect stock price. We next compare the results of our model with the S&P 500 index and its respective stock market confidence index using cointegration and Granger tests. As in our model, we find that stock prices drive their respective confidence indices, but that the opposite relationship, i.e., the assumption that confidence indices drive stock prices, is not significant. PMID:28231255

The Use of Water Exchange for Feeding Rate and Growth Promotion of Shortfin Eel Anguilla bicolor bicolor In Recirculating Water System

NASA Astrophysics Data System (ADS)

Taufiq-Spj, N.; Sunaryo, S.; Wirasatriya, A.; Sugianto, D. N.

2017-02-01

The shortage of eel’s seed Anguilla spp. and it’s consumption size will induce the hunting of this species. Thus, stocks are critically endangered. Central Java have two indigenious species i.e. A. marmorata and A. bicolor bicolor. These two species will be endanger if management of stock do not conduct properly. The use of water exchange by replacing water volume for feeding rate and growth promotion of Indonesian shortfin eel A. bicolor bicolor in RWS will at least give a basic information in appropriate aquaculture systems and as a part of disaster mitigation of indegenious species extinction. The study used 3 replications and 3 treatments of water exchange, i.e. T1: 50, T2: 100, and T3: 200 % of water removed d-1. The fish were fed with approx. 2.2% dry basis of formulated feed. Tanks with volume of 1 m3 contain a density of approx. 20 kg seed stock of shortfin eel fingerlink size per m3 water in RSW. The result shows that feeding rate among treatments are significantly different (α < 0.001), where T1= 1.62±0.23% d-1, T2 = 1.89±0.06% d-1 and T3 = 1.99±0.06% d-1. Individual and Biomass weight gain increase (IWG: T1= 0.039±0.003, T2= 0.050±0.001, T3= 0.076±0.002 kg and BWG: T1= 7.087±0.443, T2 = 11.051±0.894, T3= 19.722±0.831 kg respectively) by increasing water exchange (α < 0.001). Meanwhile the absolute growth was found higher in individual (IAG) compare to biomass (BAG) and both of them increase by increasing water exchange (α < 0.001). Where for IAG: T1= 55.42±3.69, T2= 71.02±2.40, T3= 106.12±1.98% and BAG: T1= 35.11±1.13, T2= 52.94±6.17, T3= 90.77±3.14% respectively.

High organic inputs explain shallow and deep SOC storage in a long-term agroforestry system - combining experimental and modeling approaches

NASA Astrophysics Data System (ADS)

Cardinael, Rémi; Guenet, Bertrand; Chevallier, Tiphaine; Dupraz, Christian; Cozzi, Thomas; Chenu, Claire

2018-01-01

Agroforestry is an increasingly popular farming system enabling agricultural diversification and providing several ecosystem services. In agroforestry systems, soil organic carbon (SOC) stocks are generally increased, but it is difficult to disentangle the different factors responsible for this storage. Organic carbon (OC) inputs to the soil may be larger, but SOC decomposition rates may be modified owing to microclimate, physical protection, or priming effect from roots, especially at depth. We used an 18-year-old silvoarable system associating hybrid walnut trees (Juglans regia × nigra) and durum wheat (Triticum turgidum L. subsp. durum) and an adjacent agricultural control plot to quantify all OC inputs to the soil - leaf litter, tree fine root senescence, crop residues, and tree row herbaceous vegetation - and measured SOC stocks down to 2 m of depth at varying distances from the trees. We then proposed a model that simulates SOC dynamics in agroforestry accounting for both the whole soil profile and the lateral spatial heterogeneity. The model was calibrated to the control plot only. Measured OC inputs to soil were increased by about 40 % (+ 1.11 t C ha-1 yr-1) down to 2 m of depth in the agroforestry plot compared to the control, resulting in an additional SOC stock of 6.3 t C ha-1 down to 1 m of depth. However, most of the SOC storage occurred in the first 30 cm of soil and in the tree rows. The model was strongly validated, properly describing the measured SOC stocks and distribution with depth in agroforestry tree rows and alleys. It showed that the increased inputs of fresh biomass to soil explained the observed additional SOC storage in the agroforestry plot. Moreover, only a priming effect variant of the model was able to capture the depth distribution of SOC stocks, suggesting the priming effect as a possible mechanism driving deep SOC dynamics. This result questions the potential of soils to store large amounts of carbon, especially at depth. Deep-rooted trees modify OC inputs to soil, a process that deserves further study given its potential effects on SOC dynamics.

Bioenergetics estimate of the effects of stocking density on hatchery production of smallmouth bass fingerlings

USGS Publications Warehouse

Robel, G.L.; Fisher, W.L.

1999-01-01

Production of and consumption by hatchery-reared tingerling (age-0) smallmouth bass Micropterus dolomieu at various simulated stocking densities were estimated with a bioenergetics model. Fish growth rates and pond water temperatures during the 1996 growing season at two hatcheries in Oklahoma were used in the model. Fish growth and simulated consumption and production differed greatly between the two hatcheries, probably because of differences in pond fertilization and mortality rates. Our results suggest that appropriate stocking density depends largely on prey availability as affected by pond fertilization and on fingerling mortality rates. The bioenergetics model provided a useful tool for estimating production at various stocking density rates. However, verification of physiological parameters for age-0 fish of hatchery-reared species is needed.

76 FR 25295 - Fisheries of the Exclusive Economic Zone Off Alaska; Bering Sea and Aleutian Islands King and...

Federal Register 2010, 2011, 2012, 2013, 2014

2011-05-04

... crab rebuilding plan to define the stock as rebuilt the first year the stock biomass is above the level... stock assessment model to estimate the biomass level and fishing rate necessary to achieve maximum sustainable yield. Tier 4 stocks have a stock assessment model that estimates biomass using the historical...

How the 2008 stock market crash and seasons affect total and cardiac deaths in Los Angeles County.

PubMed

Schwartz, Bryan Glen; Pezzullo, John Christopher; McDonald, Scott Andrew; Poole, William Kenneth; Kloner, Robert Alan

2012-05-15

Various stressors trigger cardiac death. The objective was to investigate a possible relation between a stock market crash and cardiac death in a large population within the United States. We obtained daily stock market data (Dow Jones Industrial Average Index), death certificate data for daily deaths in Los Angeles County (LA), and annual LA population estimates for 2005 through 2008. The 4 years death rate curves (2005 through 2008) were averaged into a single curve to illustrate annual trends. Data were "deseasonalized" by subtracting from the daily observed value the average value for that day of year. There was marked seasonal variation in total and cardiac death rates. Even in the mild LA climate, death rates were higher in winter versus summer including total death (+17%), circulatory death (+24%), coronary heart disease death (+28%), and myocardial infarction death (+38%) rates (p <0.0001 for each). Absolute coronary heart disease death rates have decreased since 1985. After accounting for seasonal variation, the large stock market crash in October 2008 did not affect death rates in LA. Death rates remained at or below seasonal averages during the stock market crash. In conclusion, after correcting for seasonal variation, the stock market crash in October 2008 was not associated with an increase in total or cardiac death in LA. Annual coronary heart disease death rates continue to decrease. However, seasonal variation (specifically winter) remains a trigger for death and coronary heart disease death even in LA where winters are mild. Copyright © 2012 Elsevier Inc. All rights reserved.

The Optimal Capital Stock and Consumption Evolution for Non Zero Consumers Growth Rate in the Framework of Ramsey Model on Finite Horizon

NASA Astrophysics Data System (ADS)

Bonchiş, N.; Balint, Şt.

2010-09-01

In this paper the Ramsey optimal growth of the capital stock and consumption on finite horizon is analyzed when the growth rate of consumers is strictly positive. The main purpose is to establish the dependence of the optimal capital stock and consumption evolution on the growth rate of consumers. The analysis reveals: for any initial value k0≥0 there exists a unique optimal evolution path of length N+1 for the capital stock; if k0 is strictly positive then all the elements of the optimal capital stock evolution path are strictly positives except the last one which is zero; the optimal capital stock evolution of length N+1 starting from k0≥0 satisfies the Euler equation; the value function VN is strictly increasing, strictly concave and continuous on R+. The family of functions {VN-T}T = 0…N-1 satisfies the Bellman equation and it is the unique solution of this equation which is both continuous and satisfies the transversality condition. The Mangasarian Lemma is also satisfied. For N tending to infinity the optimal evolution path of length N of the capital stock tends to those on the infinite time horizon. For any k0>0 the value function in k0 decreases when the consumers growth rate increases.

The volatility of stock market prices.

PubMed

Shiller, R J

1987-01-02

If the volatility of stock market prices is to be understood in terms of the efficient markets hypothesis, then there should be evidence that true investment value changes through time sufficiently to justify the price changes. Three indicators of change in true investment value of the aggregate stock market in the United States from 1871 to 1986 are considered: changes in dividends, in real interest rates, and in a direct measure of intertemporal marginal rates of substitution. Although there are some ambiguities in interpreting the evidence, dividend changes appear to contribute very little toward justifying the observed historical volatility of stock prices. The other indicators contribute some, but still most of the volatility of stock market prices appears unexplained.

Nitrogen in the Baltic Sea--policy implications of stock effects.

PubMed

Hart, Rob; Brady, Mark

2002-09-01

We develop an optimal control model for cost-effective management of pollution, including two state variables, pollution stock and ecosystem quality. We apply it to Baltic Sea pollution by nitrogen leachates from agriculture. We present a sophisticated, non-linear model of leaching abatement costs, and a simple model of nitrogen stocks. We find that significant abatement is achievable at reasonable cost, despite the countervailing effects of existing agricultural policies such as price supports. Successful abatement should lead to lower nitrogen stocks in the sea in 5 years or less. However, the rate of ecosystem recovery is less certain. The results are highly dependent on the rate of self-cleaning of the Baltic Sea, and less so on the discount rate. Choice of target has a radical effect on the abatement path chosen. Cost-effectiveness demands such a choice, and should therefore be used with care when stock effects are present.

Problems of stock definition in estimating relative contributions of Atlantic striped bass to the coastal fishery

USGS Publications Warehouse

Waldman, John R.; Fabrizio, Mary C.

1994-01-01

Stock contribution studies of mixed-stock fisheries rely on the application of classification algorithms to samples of unknown origin. Although the performance of these algorithms can be assessed, there are no guidelines regarding decisions about including minor stocks, pooling stocks into regional groups, or sampling discrete substocks to adequately characterize a stock. We examined these questions for striped bass Morone saxatilis of the U.S. Atlantic coast by applying linear discriminant functions to meristic and morphometric data from fish collected from spawning areas. Some of our samples were from the Hudson and Roanoke rivers and four tributaries of the Chesapeake Bay. We also collected fish of mixed-stock origin from the Atlantic Ocean near Montauk, New York. Inclusion of the minor stock from the Roanoke River in the classification algorithm decreased the correct-classification rate, whereas grouping of the Roanoke River and Chesapeake Bay stock into a regional (''southern'') group increased the overall resolution. The increased resolution was offset by our inability to obtain separate contribution estimates of the groups that were pooled. Although multivariate analysis of variance indicated significant differences among Chesapeake Bay substocks, increasing the number of substocks in the discriminant analysis decreased the overall correct-classification rate. Although the inclusion of one, two, three, or four substocks in the classification algorithm did not greatly affect the overall correct-classification rates, the specific combination of substocks significantly affected the relative contribution estimates derived from the mixed-stock sample. Future studies of this kind must balance the costs and benefits of including minor stocks and would profit from examination of the variation in discriminant characters among all Chesapeake Bay substocks.

Discrimination among spawning aggregations of lake herring from Lake Superior using whole-body morphometric characters

USGS Publications Warehouse

Hoff, Michael H.

2004-01-01

The lake herring (Coregonus artedi) was one of the most commercially and ecologically valuable Lake Superior fishes, but declined in the second half of the 20th century as the result of overharvest of putatively discrete stocks. No tools were previously available that described lake herring stock structure and accurately classified lake herring to their spawning stocks. The accuracy of discriminating among spawning aggregations was evaluated using whole-body morphometrics based on a truss network. Lake herring were collected from 11 spawning aggregations in Lake Superior and two inland Wisconsin lakes to evaluate morphometrics as a stock discrimination tool. Discriminant function analysis correctly classified 53% of all fish from all spawning aggregations, and fish from all but one aggregation were classified at greater rates than were possible by chance. Discriminant analysis also correctly classified 66% of fish to nearest neighbor groups, which were groups that accounted for the possibility of mixing among the aggregations. Stepwise discriminant analysis showed that posterior body length and depth measurements were among the best discriminators of spawning aggregations. These findings support other evidence that discrete stocks of lake herring exist in Lake Superior, and fishery managers should consider all but one of the spawning aggregations as discrete stocks. Abundance, annual harvest, total annual mortality rate, and exploitation data should be collected from each stock, and surplus production of each stock should be estimated. Prudent management of stock surplus production and exploitation rates will aid in restoration of stocks and will prevent a repeat of the stock collapses that occurred in the middle of the 20th century, when the species was nearly extirpated from the lake.

Estimating Belowground Carbon Stocks in Isolated Wetlands of the Northern Everglades Watershed, Central Florida, Using Ground Penetrating Radar and Aerial Imagery

NASA Astrophysics Data System (ADS)

McClellan, Matthew; Comas, Xavier; Benscoter, Brian; Hinkle, Ross; Sumner, David

2017-11-01

Peat soils store a large fraction of the global soil carbon (C) pool and comprise 95% of wetland C stocks. While isolated freshwater wetlands in temperate and tropical biomes account for more than 20% of the global peatland C stock, most studies of wetland soil C have occurred in expansive peatlands in northern boreal and subarctic biomes. Furthermore, the contribution of small depressional wetlands in comparison to larger wetland systems in these environments is very uncertain. Given the fact that these wetlands are numerous and variable in terms of their internal geometry, innovative methods are needed for properly estimating belowground C stocks and their overall C contribution to the landscape. In this study, we use a combination of ground penetrating radar (GPR), aerial imagery, and direct measurements (coring) in conjunction with C core analysis to develop a relation between C stock and surface area, and estimate the contribution of subtropical depressional wetlands to the total C stock of pine flatwoods at the Disney Wilderness Preserve (DWP), Florida. Additionally, GPR surveys were able to image collapse structures underneath the peat basin of depressional wetlands, depicting lithological controls on the formation of depressional wetlands at the DWP. Results indicate the importance of depressional wetlands as critical contributors to the landscape C budget at the DWP and the potential of GPR-based approaches for (1) rapidly and noninvasively estimating the contribution of depressional wetlands to regional C stocks and (2) evaluating the formational processes of depressional wetlands.

Estimating belowground carbon stocks in isolated wetlands of the Northern Everglades Watershed, central Florida, using ground penetrating radar (GPR) and aerial imagery

USGS Publications Warehouse

McClellan, Matthew; Comas, Xavier; Hinkle, Ross; Sumner, David M.

2017-01-01

Peat soils store a large fraction of the global soil carbon (C) pool and comprise 95% of wetland C stocks. While isolated freshwater wetlands in temperate and tropical biomes account for more than 20% of the global peatland C stock, most studies of wetland soil C have occurred in expansive peatlands in northern boreal and subarctic biomes. Furthermore, the contribution of small depressional wetlands in comparison to larger wetland systems in these environments is very uncertain. Given the fact that these wetlands are numerous and variable in terms of their internal geometry, innovative methods are needed for properly estimating belowground C stocks and their overall C contribution to the landscape. In this study, we use a combination of ground penetrating radar (GPR), aerial imagery, and direct measurements (coring) in conjunction with C core analysis to develop a relation between C stock and surface area, and estimate the contribution of subtropical depressional wetlands to the total C stock of pine flatwoods at the Disney Wilderness Preserve (DWP), Florida. Additionally, GPR surveys were able to image collapse structures underneath the peat basin of depressional wetlands, depicting lithological controls on the formation of depressional wetlands at the DWP. Results indicate the importance of depressional wetlands as critical contributors to the landscape C budget at the DWP and the potential of GPR-based approaches for (1) rapidly and noninvasively estimating the contribution of depressional wetlands to regional C stocks and (2) evaluating the formational processes of depressional wetlands.

Comparative Survival Rate Study (CSS) of Hatchery PIT-tagged Chinook; Oregon Department of Fish and Wildlife, Annual Report 2002-2003.

DOE Office of Scientific and Technical Information (OSTI.GOV)

Jonasson, Brian

2004-02-01

We PIT-tagged juvenile spring chinook salmon reared at Lookingglass Hatchery in October 2002 as part of the Comparative Survival Rate Study (CSS) for migratory year (MY) 2003. We tagged 20,950 Imnaha stock spring chinook salmon, and after mortality and tag loss, we allowed the remaining 20,904 fish to leave the acclimation pond at our Imnaha River satellite facility beginning 1 April 2003 to begin their seaward migration. The fish remaining in the pond were forced out on 15 April 2003. We tagged 20,820 Catherine Creek stock captive and conventional brood progeny spring chinook salmon, and after mortality and tag loss,more » we allowed the remaining 20,628 fish to leave the acclimation ponds at our Catherine Creek satellite facility beginning during two acclimation periods. The volitional release for the early acclimation group began 12 March 2003, and all remaining fish were forced out of the ponds on 23 March 2003. The volitional release for the late acclimation group began 31 March 2003, and all remaining fish were forced out of the ponds on 14 April 2003. We estimated survival rates, from release to Lower Granite Dam in MY 2003, for three stocks of hatchery spring chinook salmon tagged at Lookingglass Hatchery to determine their relative migration performance. Survival rates for the Imnaha River, Lostine River, and Catherine Creek stocks were 0.714, 0.557, and 0.350, respectively. We PIT-tagged 20,944 BY 2002 Imnaha River stock and 20,980 BY 2002 Catherine Creek stock captive and conventional brood progeny in October and November 2003 as part of the CSS for MY 2004. From tagging to January 28, 2004, the rates of mortality and tag loss for Imnaha River stock were 0.16% and 0.04%, respectively. Catherine Creek stock, during the same period, had rates of mortality and tag loss of 0.19% and 0.06%, respectively.« less

Defining trade-offs among conservation, profitability, and food security in the California current bottom-trawl fishery.

PubMed

Hilborn, Ray; Stewart, Ian J; Branch, Trevor A; Jensen, Olaf P

2012-04-01

Although it is recognized that marine wild-capture fisheries are an important source of food for much of the world, the cost of sustainable capture fisheries to species diversity is uncertain, and it is often questioned whether industrial fisheries can be managed sustainably. We evaluated the trade-off among sustainable food production, profitability, and conservation objectives in the groundfish bottom-trawl fishery off the U.S. West Coast, where depletion (i.e., reduction in abundance) of six rockfish species (Sebastes) is of particular concern. Trade-offs are inherent in this multispecies fishery because there is limited capacity to target species individually. From population models and catch of 34 stocks of bottom fish, we calculated the relation between harvest rate, long-term yield (i.e., total weight of fish caught), profit, and depletion of each species. In our models, annual ecosystem-wide yield from all 34 stocks was maximized with an overall 5.4% harvest rate, but profit was maximized at a 2.8% harvest rate. When we reduced harvest rates to the level (2.2% harvest rate) at which no stocks collapsed (<10% of unfished levels), biomass harvested was 76% of the maximum sustainable yield and profit 89% of maximum. A harvest rate under which no stocks fell below the biomass that produced maximum sustainable yield (1% harvest rate), resulted in 45% of potential yield and 67% of potential profit. Major reductions in catch in the late 1990s led to increase in the biomass of the most depleted stocks, but this rebuilding resulted in the loss of >30% of total sustainable yield, whereas yield lost from stock depletion was 3% of total sustainable yield. There are clear conservation benefits to lower harvest rates, but avoiding overfishing of all stocks in a multispecies fishery carries a substantial cost in terms of lost yield and profit. ©2011 Society for Conservation Biology.

75 FR 72855 - Self-Regulatory Organizations; The NASDAQ Stock Market LLC; Notice of Filing and Immediate...

Federal Register 2010, 2011, 2012, 2013, 2014

2010-11-26

... . NASDAQ has safeguards in place to protect the market from inadvertent entry of large orders. Each member that requests connectivity through an order entry port is required to specify the maximum order size... and procedures in place to ensure the proper entry and monitoring of orders entered into NASDAQ...

76 FR 13007 - Self-Regulatory Organizations; The NASDAQ Stock Market LLC; Notice of Filing and Immediate...

Federal Register 2010, 2011, 2012, 2013, 2014

2011-03-09

... of the Exchange's rules, particularly those parties who may not pay attention to mere warnings that... principal orders they represent as agent unless proper exposure parameters are applied. For these minor... ``Failure to satisfy the Order Exposure Requirements set forth in Rule 6.47A and its Commentary'' and Rule...

Thinning guidelines from crown area relationships for young hardwood plantations

Treesearch

Jeffrey W. Stringer; Luke Cecil

2010-01-01

Crown closure in hardwood plantations signals the first opportunity to apply density control treatments such as thinning or release. The proper timing of these treatments is a function of stocking levels and is generally scheduled within several years after initial crown closure. Predicting crown closure for a plantation provides practitioners with the ability to plan...

The effect of queen pheromone status on Varroa mite removal from honey bee colonies with different grooming ability.

PubMed

Bahreini, Rassol; Currie, Robert W

2015-07-01

The objective of this study was to assess the effects of honey bees (Apis mellifera L.) with different grooming ability and queen pheromone status on mortality rates of Varroa mites (Varroa destructor Anderson and Trueman), mite damage, and mortality rates of honey bees. Twenty-four small queenless colonies containing either stock selected for high rates of mite removal (n = 12) or unselected stock (n = 12) were maintained under constant darkness at 5 °C. Colonies were randomly assigned to be treated with one of three queen pheromone status treatments: (1) caged, mated queen, (2) a synthetic queen mandibular pheromone lure (QMP), or (3) queenless with no queen substitute. The results showed overall mite mortality rate was greater in stock selected for grooming than in unselected stock. There was a short term transitory increase in bee mortality rates in selected stock when compared to unselected stock. The presence of queen pheromone from either caged, mated queens or QMP enhanced mite removal from clusters of bees relative to queenless colonies over short periods of time and increased the variation in mite mortality over time relative to colonies without queen pheromone, but did not affect the proportion of damaged mites. The effects of source of bees on mite damage varied with time but damage to mites was not reliably related to mite mortality. In conclusion, this study showed differential mite removal of different stocks was possible under low temperature. Queen status should be considered when designing experiments using bioassays for grooming response.

Drivers and rates of stock assessments in the United States

PubMed Central

Thorson, James T.; Melnychuk, Michael C.; Methot, Richard; Blackhart, Kristan

2018-01-01

Fisheries management is most effective when based on scientific estimates of sustainable fishing rates. While some simple approaches allow estimation of harvest limits, more data-intensive stock assessments are generally required to evaluate the stock’s biomass and fishing rates relative to sustainable levels. Here we evaluate how stock characteristics relate to the rate of new assessments in the United States. Using a statistical model based on time-to-event analysis and 569 coastal marine fish and invertebrate stocks landed in commercial fisheries, we quantify the impact of region, habitat, life-history, and economic factors on the annual probability of being assessed. Although the majority of landings come from assessed stocks in all regions, less than half of the regionally-landed species currently have been assessed. As expected, our time-to-event model identified landed tonnage and ex-vessel price as the dominant factors determining increased rates of new assessments. However, we also found that after controlling for landings and price, there has been a consistent bias towards assessing larger-bodied species. A number of vulnerable groups such as rockfishes (Scorpaeniformes) and groundsharks (Carcharhiniformes) have a relatively high annual probability of being assessed after controlling for their relatively small tonnage and low price. Due to relatively low landed tonnage and price of species that are currently unassessed, our model suggests that the number of assessed stocks will increase more slowly in future decades. PMID:29750789

Estimating time-varying conditional correlations between stock and foreign exchange markets

NASA Astrophysics Data System (ADS)

Tastan, Hüseyin

2006-02-01

This study explores the dynamic interaction between stock market returns and changes in nominal exchange rates. Many financial variables are known to exhibit fat tails and autoregressive variance structure. It is well-known that unconditional covariance and correlation coefficients also vary significantly over time and multivariate generalized autoregressive model (MGARCH) is able to capture the time-varying variance-covariance matrix for stock market returns and changes in exchange rates. The model is applied to daily Euro-Dollar exchange rates and two stock market indexes from the US economy: Dow-Jones Industrial Average Index and S&P500 Index. The news impact surfaces are also drawn based on the model estimates to see the effects of idiosyncratic shocks in respective markets.

The effect of temperature on swimming performance and oxygen consumption in adult sockeye (Oncorhynchus nerka) and coho (O. kisutch) salmon stocks.

PubMed

Lee, C G; Farrell, A P; Lotto, A; MacNutt, M J; Hinch, S G; Healey, M C

2003-09-01

Our knowledge of the swimming capabilities and metabolic rates of adult salmon, and particularly the influence of temperature on them, is extremely limited, and yet this information is critical to understanding the remarkable upstream migrations that these fish can make. To remedy this situation, we examined the effects of temperature on swimming performance and metabolic rates of 107 adult fish taken from three stocks of sockeye salmon Oncorhynchus nerka and one stock of coho salmon O. kisutch at various field and laboratory locations, using large, portable, swim tunnels. The salmon stocks were selected because of differences in their ambient water temperature (ranging from 5 degrees C to 20 degrees C) and the total distance of their in-river migrations (ranging from approximately 100 km for coastal stocks to approximately 1100 km for interior stocks). As anticipated, differences in routine metabolic rate observed among salmon stocks were largely explained by an exponential dependence on ambient water temperature. However, the relationship between water temperature and maximum oxygen consumption (MO2max), i.e. the MO2 measured at the critical swimming speed (Ucrit), revealed temperature optima for MO2max that were stock-specific. These temperature optima were very similar to the average ambient water temperatures for the natal stream of a given stock. Furthermore, at a comparable water temperature, the salmon stocks that experienced a long and energetically costly in-river migration were characterized by a higher MO2max, a higher scope for activity, a higher Ucrit and, in some cases, a higher cost of transport, relative to the coastal salmon stocks that experience a short in-river migration. We conclude that high-caliber respirometry can be performed in a field setting and that stock-specific differences in swimming performance of adult salmon may be important for understanding upstream migration energetics and abilities.

Binomial tree method for pricing a regime-switching volatility stock loans

NASA Astrophysics Data System (ADS)

Putri, Endah R. M.; Zamani, Muhammad S.; Utomo, Daryono B.

2018-03-01

Binomial model with regime switching may represents the price of stock loan which follows the stochastic process. Stock loan is one of alternative that appeal investors to get the liquidity without selling the stock. The stock loan mechanism resembles that of American call option when someone can exercise any time during the contract period. From the resembles both of mechanism, determination price of stock loan can be interpreted from the model of American call option. The simulation result shows the behavior of the price of stock loan under a regime-switching with respect to various interest rate and maturity.

Simulated effects of YY-male stocking and manual suppression for eradicating nonnative Brook Trout populations

USGS Publications Warehouse

Schill, Daniel J.; Meyer, Kevin A.; Hansen, Michael J.

2017-01-01

Eradication of nonnative Brook Trout Salvelinus fontinalis populations is difficult to achieve with standard techniques, such as electrofishing removal or piscicides; new approaches are needed. A novel concept is to stock “supermale” hatchery fish with wild conspecifics. Supermales (MYY) have two Y-chromosomes, resulting in offspring that are all males; over time, successful supermale reproduction could eradicate the wild population. We constructed an age-structured stochastic model to investigate the effects of manually suppressing wild fish and stocking MYY fingerlings on the long-term viability of hypothetical nonnative Brook Trout populations. In streams, an annual stocking rate of supermales equivalent to 50% of wild age-0 Brook Trout density combined with an annual selective suppression rate equivalent to 50% of wild Brook Trout density resulted in a time to extirpation of only 2–4 years if supermale fitness was equivalent to wild male fitness. However, time to extirpation in streams was 5–15 years if supermale fitness was 80% lower than wild male fitness. In alpine lakes, higher supermale stocking rates and nonselective gillnetting were required to eradicate Brook Trout populations. If supermales were assumed to be as fit as wild males, however, any supermale stocking rate greater than 49% in alpine lakes or 60% in streams achieved eradication in 10 years or less, regardless of the suppression rate. Because manual suppression and the stocking of MYY fingerlings can readily be conducted at the levels assumed in our simulations, use of such an integrated pest management (IPM) approach could extirpate undesirable Brook Trout populations within reasonably short periods of time. Given the recent successful development of an MYY Brook Trout broodstock capable of producing large numbers of MYY fingerlings and given the positive results of the present simulations for both streams and alpine lakes, field testing of MYY stocking is warranted within an IPM program that includes manual suppression for eradicating undesirable Brook Trout populations.

Optimal harvesting of fish stocks under a time-varying discount rate.

PubMed

Duncan, Stephen; Hepburn, Cameron; Papachristodoulou, Antonis

2011-01-21

Optimal control theory has been extensively used to determine the optimal harvesting policy for renewable resources such as fish stocks. In such optimisations, it is common to maximise the discounted utility of harvesting over time, employing a constant time discount rate. However, evidence from human and animal behaviour suggests that we have evolved to employ discount rates which fall over time, often referred to as "hyperbolic discounting". This increases the weight on benefits in the distant future, which may appear to provide greater protection of resources for future generations, but also creates challenges of time-inconsistent plans. This paper examines harvesting plans when the discount rate declines over time. With a declining discount rate, the planner reduces stock levels in the early stages (when the discount rate is high) and intends to compensate by allowing the stock level to recover later (when the discount rate will be lower). Such a plan may be feasible and optimal, provided that the planner remains committed throughout. However, in practice there is a danger that such plans will be re-optimized and adjusted in the future. It is shown that repeatedly restarting the optimization can drive the stock level down to the point where the optimal policy is to harvest the stock to extinction. In short, a key contribution of this paper is to identify the surprising severity of the consequences flowing from incorporating a rather trivial, and widely prevalent, "non-rational" aspect of human behaviour into renewable resource management models. These ideas are related to the collapse of the Peruvian anchovy fishery in the 1970's. Copyright © 2010 Elsevier Ltd. All rights reserved.

Influence of flooding, freezing, and American beaver herbivory on survival of planted oak seedlings

Treesearch

Johnathan T. Reeves; Andrew W. Ezell; John D. Hodges; Emily B. Schultz; Andrew B. Self

2016-01-01

Good seedlings, proper planting, and competition control normally result in successful hardwood planting. However, other factors can have serious impact on planting success, such as the impact of flooding, freezing, and the American beaver (Castor canadensis). In 2014, three planting stocks of Nuttall oak (Quercus nuttallii) and Shumard oak (

Acetabular Cup Revision.

PubMed

Kim, Young-Ho

2017-09-01

The use of acetabular cup revision arthroplasty is on the rise as demands for total hip arthroplasty, improved life expectancies, and the need for individual activity increase. For an acetabular cup revision to be successful, the cup should gain stable fixation within the remaining supportive bone of the acetabulum. Since the patient's remaining supportive acetabular bone stock plays an important role in the success of revision, accurate classification of the degree of acetabular bone defect is necessary. The Paprosky classification system is most commonly used when determining the location and degree of acetabular bone loss. Common treatment options include: acetabular liner exchange, high hip center, oblong cup, trabecular metal cup with augment, bipolar cup, bulk structural graft, cemented cup, uncemented cup including jumbo cup, acetabular reinforcement device (cage), trabecular metal cup cage. The optimal treatment option is dependent upon the degree of the discontinuity, the amount of available bone stock and the likelihood of achieving stable fixation upon supportive host bone. To achieve successful acetabular cup revision, accurate evaluation of bone defect preoperatively and intraoperatively, proper choice of method of acetabular revision according to the evaluation of acetabular bone deficiency, proper technique to get primary stability of implant such as precise grafting technique, and stable fixation of implant are mandatory.

Preliminary results from direct-to-facility vaccine deliveries in Kano, Nigeria.

PubMed

Aina, Muyi; Igbokwe, Uchenna; Jegede, Leke; Fagge, Rabiu; Thompson, Adam; Mahmoud, Nasir

2017-04-19

As part of its vaccine supply chain redesign efforts, Kano state now pushes vaccines directly from 6 state stores to primary health centers equipped with solar refrigerators. Our objective is to describe preliminary results from the first 20months of Kano's direct vaccine delivery operations. This is a retrospective review of Kano's direct vaccine delivery program. We analyzed trends in health facility vaccine stock levels, and examined the relationship between stock-out rates and each of cascade vaccine deliveries and timeliness of deliveries. Analysis of vaccination trends was based on administrative data from 27 sentinel health facilities. Costs for both the in-sourced and out-sourced approaches were estimated using a bottoms-up model-based approach. Overall stock adequacy increased from 54% in the first delivery cycle to 68% by cycle 33. Conversely, stock-out rates decreased from 41% to 10% over the same period. Similar trends were observed in the out-sourced and in-sourced programs. Stock-out rates rose incrementally with increasing number of cascade facilities, and delays in vaccine deliveries correlated strongly with stock-out rates. Recognizing that stock availability is one of many factors contributing to vaccinations, we nonetheless compared pre- and post- direct deliveries vaccinations in sentinel facilities, and found statistically significant upward trends for 4 out of 6 antigens. 1 antigen (measles) showed an upward trend that was not statistically significant. Hepatitis b vaccinations declined during the period. Overall, there appeared to be a one-year lag between commencement of direct deliveries and the increase in number of vaccinations. Weighted average cost per delivery is US$29.8 and cost per child immunized is US$0.7 per year. Direct vaccine delivery to health facilities in Kano, through a streamlined architecture, has resulted in decreased stock-outs and improved stock adequacy. Concurrent operation of insourced and outsourced programs has enabled Kano build in-house logistics capabilities. Copyright © 2017 The Authors. Published by Elsevier Ltd.. All rights reserved.

Investor sentiment and stock returns: Evidence from provincial TV audience rating in China

NASA Astrophysics Data System (ADS)

Zhang, Yongjie; Zhang, Yuzhao; Shen, Dehua; Zhang, Wei

2017-01-01

In this paper, we advocate the provincial TV audience rating as the novel proxy for the provincial investor sentiment (PIS) and investigate its relation with stock returns. The empirical results firstly show that the PIS is positively related to stock returns. Secondly, we provide direct evidence on the existence of home bias in China by observing that the provincial correlation coefficient is significantly larger than the cross-provincial correlation coefficient. Finally, the PIS can explain a large proportion of provincial comovement. To sum up, all these findings support the role of the non-traditional information sources in understanding the ;anomalies; in stock market.

Stochastic GARCH dynamics describing correlations between stocks

NASA Astrophysics Data System (ADS)

Prat-Ortega, G.; Savel'ev, S. E.

2014-09-01

The ARCH and GARCH processes have been successfully used for modelling price dynamics such as stock returns or foreign exchange rates. Analysing the long range correlations between stocks, we propose a model, based on the GARCH process, which is able to describe the main characteristics of the stock price correlations, including the mean, variance, probability density distribution and the noise spectrum.

Effects of grazing and precipitation on herbage biomass, herbage nutritive value, and yak performance in an alpine meadow on the Qinghai-Tibetan Plateau.

PubMed

Miao, Fuhong; Guo, Zhenggang; Xue, Ran; Wang, Xianzhi; Shen, Yuying

2015-01-01

The Qinghai-Tibetan Plateau is a very large land unit and an important terrestrial ecosystem within the Eurasian continent. Because of the harsh climate associated with the high altitude, alpine meadows on the plateau are susceptible to degradation from overgrazing. For this region, and for other alpine meadow pastures internationally, there is a need to define the sustainable stocking rate, to develop sound policy pertaining to future land use. Here we report biomass and liveweight gain per animal and per ha for pastures grazed by yaks at high, medium, or low stocking rates over 4 growing seasons from 2010 to 2013. Measures of herbage nutritive value are reported. The influence of inter-year variation in precipitation on standing herbage biomass was also evaluated. Higher precipitation increased standing herbage biomass and herbage nutritive value, indicating that vegetation suffered summer water deficit even in this environment. The sustainable stocking rate in this environment was determined to be approximately 1 yak ha-1 (grown from 80 kg to 120 kg liveweight in 90 d). At this stocking rate, yak weight gain per ha was 88% of that achieved at higher stocking rates typically used by farmers, but with little or no evidence of land degradation.

Effects of Grazing and Precipitation on Herbage Biomass, Herbage Nutritive Value, and Yak Performance in an Alpine Meadow on the Qinghai–Tibetan Plateau

PubMed Central

Miao, Fuhong; Guo, Zhenggang; Xue, Ran; Wang, Xianzhi; Shen, Yuying

2015-01-01

The Qinghai–Tibetan Plateau is a very large land unit and an important terrestrial ecosystem within the Eurasian continent. Because of the harsh climate associated with the high altitude, alpine meadows on the plateau are susceptible to degradation from overgrazing. For this region, and for other alpine meadow pastures internationally, there is a need to define the sustainable stocking rate, to develop sound policy pertaining to future land use. Here we report biomass and liveweight gain per animal and per ha for pastures grazed by yaks at high, medium, or low stocking rates over 4 growing seasons from 2010 to 2013. Measures of herbage nutritive value are reported. The influence of inter-year variation in precipitation on standing herbage biomass was also evaluated. Higher precipitation increased standing herbage biomass and herbage nutritive value, indicating that vegetation suffered summer water deficit even in this environment. The sustainable stocking rate in this environment was determined to be approximately 1 yak ha-1 (grown from 80 kg to 120 kg liveweight in 90 d). At this stocking rate, yak weight gain per ha was 88% of that achieved at higher stocking rates typically used by farmers, but with little or no evidence of land degradation. PMID:26039322

The Effect of the Underlying Distribution in Hurst Exponent Estimation

PubMed Central

Sánchez, Miguel Ángel; Trinidad, Juan E.; García, José; Fernández, Manuel

2015-01-01

In this paper, a heavy-tailed distribution approach is considered in order to explore the behavior of actual financial time series. We show that this kind of distribution allows to properly fit the empirical distribution of the stocks from S&P500 index. In addition to that, we explain in detail why the underlying distribution of the random process under study should be taken into account before using its self-similarity exponent as a reliable tool to state whether that financial series displays long-range dependence or not. Finally, we show that, under this model, no stocks from S&P500 index show persistent memory, whereas some of them do present anti-persistent memory and most of them present no memory at all. PMID:26020942

The alarming decline of Mediterranean fish stocks.

PubMed

Vasilakopoulos, Paraskevas; Maravelias, Christos D; Tserpes, George

2014-07-21

In recent years, fisheries management has succeeded in stabilizing and even improving the state of many global fisheries resources [1-5]. This is particularly evident in areas where stocks are exploited in compliance with scientific advice and strong institutional structures are in place [1, 5]. In Europe, the well-managed northeast (NE) Atlantic fish stocks have been recovering in response to decreasing fishing pressure over the past decade [3-6], albeit with a long way to go for a universal stock rebuild [3, 7]. Meanwhile, little is known about the temporal development of the European Mediterranean stocks, whose management relies on input controls that are often poorly enforced. Here, we perform a meta-analysis of 42 European Mediterranean stocks of nine species in 1990-2010, showing that exploitation rate has been steadily increasing, selectivity (proportional exploitation of juveniles) has been deteriorating, and stocks have been shrinking. We implement species-specific simulation models to quantify changes in exploitation rate and selectivity that would maximize long-term yields and halt stock depletion. We show that stocks would be more resilient to fishing and produce higher long-term yields if harvested a few years after maturation because current selectivity is far from optimal, especially for demersal stocks. The European Common Fisheries Policy that has assisted in improving the state of NE Atlantic fish stocks in the past 10 years has failed to deliver similar results for Mediterranean stocks managed under the same policy. Limiting juvenile exploitation, advancing management plans, and strengthening compliance, control, and enforcement could promote fisheries sustainability in the Mediterranean. Copyright © 2014 Elsevier Ltd. All rights reserved.

The US Stock Market Leads the Federal Funds Rate and Treasury Bond Yields

PubMed Central

Guo, Kun; Zhou, Wei-Xing; Cheng, Si-Wei; Sornette, Didier

2011-01-01

Using a recently introduced method to quantify the time-varying lead-lag dependencies between pairs of economic time series (the thermal optimal path method), we test two fundamental tenets of the theory of fixed income: (i) the stock market variations and the yield changes should be anti-correlated; (ii) the change in central bank rates, as a proxy of the monetary policy of the central bank, should be a predictor of the future stock market direction. Using both monthly and weekly data, we found very similar lead-lag dependence between the S&P 500 stock market index and the yields of bonds inside two groups: bond yields of short-term maturities (Federal funds rate (FFR), 3M, 6M, 1Y, 2Y, and 3Y) and bond yields of long-term maturities (5Y, 7Y, 10Y, and 20Y). In all cases, we observe the opposite of (i) and (ii). First, the stock market and yields move in the same direction. Second, the stock market leads the yields, including especially the FFR. Moreover, we find that the short-term yields in the first group lead the long-term yields in the second group before the financial crisis that started in mid-2007 and the inverse relationship holds afterwards. These results suggest that the Federal Reserve is increasingly mindful of the stock market behavior, seen as key to the recovery and health of the economy. Long-term investors seem also to have been more reactive and mindful of the signals provided by the financial stock markets than the Federal Reserve itself after the start of the financial crisis. The lead of the S&P 500 stock market index over the bond yields of all maturities is confirmed by the traditional lagged cross-correlation analysis. PMID:21857954

The US stock market leads the federal funds rate and treasury bond yields.

PubMed

Guo, Kun; Zhou, Wei-Xing; Cheng, Si-Wei; Sornette, Didier

2011-01-01

Using a recently introduced method to quantify the time-varying lead-lag dependencies between pairs of economic time series (the thermal optimal path method), we test two fundamental tenets of the theory of fixed income: (i) the stock market variations and the yield changes should be anti-correlated; (ii) the change in central bank rates, as a proxy of the monetary policy of the central bank, should be a predictor of the future stock market direction. Using both monthly and weekly data, we found very similar lead-lag dependence between the S&P 500 stock market index and the yields of bonds inside two groups: bond yields of short-term maturities (Federal funds rate (FFR), 3M, 6M, 1Y, 2Y, and 3Y) and bond yields of long-term maturities (5Y, 7Y, 10Y, and 20Y). In all cases, we observe the opposite of (i) and (ii). First, the stock market and yields move in the same direction. Second, the stock market leads the yields, including especially the FFR. Moreover, we find that the short-term yields in the first group lead the long-term yields in the second group before the financial crisis that started in mid-2007 and the inverse relationship holds afterwards. These results suggest that the Federal Reserve is increasingly mindful of the stock market behavior, seen as key to the recovery and health of the economy. Long-term investors seem also to have been more reactive and mindful of the signals provided by the financial stock markets than the Federal Reserve itself after the start of the financial crisis. The lead of the S&P 500 stock market index over the bond yields of all maturities is confirmed by the traditional lagged cross-correlation analysis.

Climatic regions as an indicator of forest coarse and fine woody debris carbon stocks in the United States

Treesearch

Christopher W. Woodall; Greg C. Liknes

2008-01-01

Coarse and fine woody debris are substantial forest ecosystem carbon stocks; however, there is a lack of understanding how these detrital carbon stocks vary across forested landscapes. Because forest woody detritus production and decay rates may partially depend on climatic conditions, the accumulation of coarse and fine woody debris carbon stocks in forests may be...

12 CFR 362.2 - Definitions.

Code of Federal Regulations, 2010 CFR

2010-01-01

... adjustable rate preferred stock, money market (auction rate) preferred stock, or other newly developed...) and the National Market System, i.e., the top tier of the National Association of Securities Dealers... shall be understood to be present whenever the FDIC determines there is a high probability that the...

The relationship between trading volumes, number of transactions, and stock volatility in GARCH models

NASA Astrophysics Data System (ADS)

Takaishi, Tetsuya; Chen, Ting Ting

2016-08-01

We examine the relationship between trading volumes, number of transactions, and volatility using daily stock data of the Tokyo Stock Exchange. Following the mixture of distributions hypothesis, we use trading volumes and the number of transactions as proxy for the rate of information arrivals affecting stock volatility. The impact of trading volumes or number of transactions on volatility is measured using the generalized autoregressive conditional heteroscedasticity (GARCH) model. We find that the GARCH effects, that is, persistence of volatility, is not always removed by adding trading volumes or number of transactions, indicating that trading volumes and number of transactions do not adequately represent the rate of information arrivals.

Considering inventory distributions in a stochastic periodic inventory routing system

NASA Astrophysics Data System (ADS)

Yadollahi, Ehsan; Aghezzaf, El-Houssaine

2017-07-01

Dealing with the stochasticity of parameters is one of the critical issues in business and industry nowadays. Supply chain planners have difficulties in forecasting stochastic parameters of a distribution system. Demand rates of customers during their lead time are one of these parameters. In addition, holding a huge level of inventory at the retailers is costly and inefficient. To cover the uncertainty of forecasting demand rates, researchers have proposed the usage of safety stock to avoid stock-out. However, finding the precise level of safety stock depends on forecasting the statistical distribution of demand rates and their variations in different settings among the planning horizon. In this paper the demand rate distributions and its parameters are taken into account for each time period in a stochastic periodic IRP. An analysis of the achieved statistical distribution of the inventory and safety stock level is provided to measure the effects of input parameters on the output indicators. Different values for coefficient of variation are applied to the customers' demand rate in the optimization model. The outcome of the deterministic equivalent model of SPIRP is simulated in form of an illustrative case.

Stock price prediction using geometric Brownian motion

NASA Astrophysics Data System (ADS)

Farida Agustini, W.; Restu Affianti, Ika; Putri, Endah RM

2018-03-01

Geometric Brownian motion is a mathematical model for predicting the future price of stock. The phase that done before stock price prediction is determine stock expected price formulation and determine the confidence level of 95%. On stock price prediction using geometric Brownian Motion model, the algorithm starts from calculating the value of return, followed by estimating value of volatility and drift, obtain the stock price forecast, calculating the forecast MAPE, calculating the stock expected price and calculating the confidence level of 95%. Based on the research, the output analysis shows that geometric Brownian motion model is the prediction technique with high rate of accuracy. It is proven with forecast MAPE value ≤ 20%.

An evaluation of government-recommended stocking systems for sustaining pastoral businesses and ecosystems of the Alpine Meadows of the Qinghai-Tibetan Plateau.

PubMed

Wang, Yingxin; Hodgkinson, Kenneth C; Hou, Fujiang; Wang, Zhaofeng; Chang, Shenghua

2018-04-01

China introduced the "Retire Livestock and Restore Grassland" policy in 2003. It was strengthened in 2011 by additional funding for on-farm structures. On the Qinghai-Tibetan Plateau (QTP), fences were erected, livestock excluded from degraded areas, rotational stocking introduced, nighttime shelters were built, forages grown, and seed sown. However, the effectiveness of these actions and their value to Tibetan herders has been questioned. We conducted a sheep stocking experiment for 5 years in an Alpine Meadow region of the QTP to evaluate stocking options recommended by Government. Cold and warm season stocking each at three rates (0, 8, and 16 sheep/ha) and continuous stocking at 0 and 4 sheep/ha were compared. We measured live weights of sheep, plant species richness and evenness, root biomass and carbon (C), nitrogen (N) and phosphorus (P) contents of the 0-10 cm of soil. We found that resting grassland from stocking during the warm season for later cold season stocking significantly reduced plant species richness and evenness and root biomass but not soil C, N, and P. During cold season stocking, live weights of sheep declined whether at a stocking rate of 8 or 16 per ha. In contrast, sheep continuously stocked on grassland at 4 per ha gained weight throughout both the warm and cold seasons and plant species richness and evenness were maintained. Warm season stocking at 8 and 16 sheep/ha increased plant species richness and root biomass but reduced plant species evenness. Resting these alpine grasslands from stocking in the warm season has adverse consequences for plant conservation. Fencing from stocking in the warm season is not justified by this study; all grassland should be judiciously stocked during the warm season to maintain plant species richness. Neither resting nor stocking during the cold season appears to have any adverse consequences but sheltering and in-door feeding of sheep during the cold season may be more profitable than cold season stocking with use of open nighttime yards.

Vermicomposting of source-separated human faeces by Eisenia fetida: effect of stocking density on feed consumption rate, growth characteristics and vermicompost production.

PubMed

Yadav, Kunwar D; Tare, Vinod; Ahammed, M Mansoor

2011-06-01

The main objective of the present study was to determine the optimum stocking density for feed consumption rate, biomass growth and reproduction of earthworm Eisenia fetida as well as determining and characterising vermicompost quantity and product, respectively, during vermicomposting of source-separated human faeces. For this, a number of experiments spanning up to 3 months were conducted using soil and vermicompost as support materials. Stocking density in the range of 0.25-5.00 kg/m(2) was employed in different tests. The results showed that 0.40-0.45 kg-feed/kg-worm/day was the maximum feed consumption rate by E. fetida in human faeces. The optimum stocking densities were 3.00 kg/m(2) for bioconversion of human faeces to vermicompost, and 0.50 kg/m(2) for earthworm biomass growth and reproduction. Copyright © 2011 Elsevier Ltd. All rights reserved.

Modeling Philippine Stock Exchange Composite Index Using Time Series Analysis

NASA Astrophysics Data System (ADS)

Gayo, W. S.; Urrutia, J. D.; Temple, J. M. F.; Sandoval, J. R. D.; Sanglay, J. E. A.

2015-06-01

This study was conducted to develop a time series model of the Philippine Stock Exchange Composite Index and its volatility using the finite mixture of ARIMA model with conditional variance equations such as ARCH, GARCH, EG ARCH, TARCH and PARCH models. Also, the study aimed to find out the reason behind the behaviorof PSEi, that is, which of the economic variables - Consumer Price Index, crude oil price, foreign exchange rate, gold price, interest rate, money supply, price-earnings ratio, Producers’ Price Index and terms of trade - can be used in projecting future values of PSEi and this was examined using Granger Causality Test. The findings showed that the best time series model for Philippine Stock Exchange Composite index is ARIMA(1,1,5) - ARCH(1). Also, Consumer Price Index, crude oil price and foreign exchange rate are factors concluded to Granger cause Philippine Stock Exchange Composite Index.

Effects of hatchery fish density on emigration, growth, survival, and predation risk of natural steelhead parr in an experimental stream channel

USGS Publications Warehouse

Tatara, Christopher P.; Riley, Stephen C.; Berejikian, Barry A.

2011-01-01

Hatchery supplementation of steelhead Oncorhynchus mykiss raises concerns about the impacts on natural populations, including reduced growth and survival, displacement, and increased predation. The potential risks may be density dependent.We examined how hatchery stocking density and the opportunity to emigrate affect the responses of natural steelhead parr in an experimental stream channel and after 15 d found no density-dependent effects on growth, emigration, or survival at densities ranging from 1-6 hatchery parr/m2. The opportunity for steelhead parr to emigrate reduced predation by coastal cutthroat trout O. clarkii clarkii on both hatchery and natural steelhead parr. The cutthroat trout exhibited a type-I functional response (constant predation rate with increased prey density) for the hatchery and composite populations. In contrast, the predation rate on natural parr decreased as hatchery stocking density increased. Supplementation with hatchery parr at any experimental stocking density reduced the final natural parr density. This decline was explained by increased emigration fromthe supplemented groups. Natural parr had higher mean instantaneous growth rates than hatchery parr. The proportion of parr emigrating decreased as parr size increased over successive experimental trials. Smaller parr had lower survival and suffered higher predation. The final density of the composite population, a measure of supplementation effectiveness, increased with the hatchery steelhead stocking rate. Our results indicate that stocking larger hatchery parr (over 50 d postemergence) at densities within the carrying capacity would have low short-term impact on the growth, survival, and emigration of natural parr while increasing the density of the composite population; in addition, a stocking density greater than 3 fish/m2 might be a good starting point for the evaluation of parr stocking in natural streams.

Sheep Wool δ13C Reveals No Effect of Grazing on the C3/C4 Ratio of Vegetation in the Inner Mongolia–Mongolia Border Region Grasslands

PubMed Central

Auerswald, Karl; Wittmer, Max H.O.M.; Tungalag, Radnaakhand; Bai, Yongfei; Schnyder, Hans

2012-01-01

We tested whether the abundance of C4 vegetation in grasslands of the Mongolian plateau is influenced by grazing conditions. The analysis exploited the politically originated contrast that exists between Mongolia (low stocking rate, transhumant system) and the district of Inner Mongolia, China (high stocking rate, sedentary system). We estimated the proportion of C4 carbon (PC4) in grazed vegetation from the relative carbon isotope ratio (δ13C) of sheep wool sampled from 298 annual shearings originating from 1996 to 2007. Annual stocking rates varying over time and between the districts of both countries were taken from regional statistics. The PC4 pattern within the 0.7 million km2 sampling area was geostatistically analyzed and related to stocking rates and temperature gradients. For similar climatic conditions, PC4 was the same in both countries. Further, a unique relationship was found between PC4 and July temperature on both sides of the border, which explained 71% of the pattern. Stocking rate and grazing system had no significant influences on present-day C3/C4 abundance ratio. This finding suggests that recent changes in the C3/C4 ratio of these grasslands are mainly a consequence of regional warming, not overgrazing. PMID:23029090

Weed and Pathogen Control with Reduced Methyl Bromide Rates in Open Field Nurseries

USDA-ARS?s Scientific Manuscript database

Producers of nursery stock in California rely on preplant soil fumigation to meet requirements for nematode free planting stock. Certified clean stock is essential for successful establishment and future productivity of new orchards and vineyards and is a requirement for intra- and interstate as ...

Carbon-dioxide emissions trading and hierarchical structure in worldwide finance and commodities markets.

PubMed

Zheng, Zeyu; Yamasaki, Kazuko; Tenenbaum, Joel N; Stanley, H Eugene

2013-01-01

In a highly interdependent economic world, the nature of relationships between financial entities is becoming an increasingly important area of study. Recently, many studies have shown the usefulness of minimal spanning trees (MST) in extracting interactions between financial entities. Here, we propose a modified MST network whose metric distance is defined in terms of cross-correlation coefficient absolute values, enabling the connections between anticorrelated entities to manifest properly. We investigate 69 daily time series, comprising three types of financial assets: 28 stock market indicators, 21 currency futures, and 20 commodity futures. We show that though the resulting MST network evolves over time, the financial assets of similar type tend to have connections which are stable over time. In addition, we find a characteristic time lag between the volatility time series of the stock market indicators and those of the EU CO(2) emission allowance (EUA) and crude oil futures (WTI). This time lag is given by the peak of the cross-correlation function of the volatility time series EUA (or WTI) with that of the stock market indicators, and is markedly different (>20 days) from 0, showing that the volatility of stock market indicators today can predict the volatility of EU emissions allowances and of crude oil in the near future.

Carbon-dioxide emissions trading and hierarchical structure in worldwide finance and commodities markets

NASA Astrophysics Data System (ADS)

Zheng, Zeyu; Yamasaki, Kazuko; Tenenbaum, Joel N.; Stanley, H. Eugene

2013-01-01

In a highly interdependent economic world, the nature of relationships between financial entities is becoming an increasingly important area of study. Recently, many studies have shown the usefulness of minimal spanning trees (MST) in extracting interactions between financial entities. Here, we propose a modified MST network whose metric distance is defined in terms of cross-correlation coefficient absolute values, enabling the connections between anticorrelated entities to manifest properly. We investigate 69 daily time series, comprising three types of financial assets: 28 stock market indicators, 21 currency futures, and 20 commodity futures. We show that though the resulting MST network evolves over time, the financial assets of similar type tend to have connections which are stable over time. In addition, we find a characteristic time lag between the volatility time series of the stock market indicators and those of the EU CO2 emission allowance (EUA) and crude oil futures (WTI). This time lag is given by the peak of the cross-correlation function of the volatility time series EUA (or WTI) with that of the stock market indicators, and is markedly different (>20 days) from 0, showing that the volatility of stock market indicators today can predict the volatility of EU emissions allowances and of crude oil in the near future.

A dynamic analysis of S&P 500, FTSE 100 and EURO STOXX 50 indices under different exchange rates.

PubMed

Chen, Yanhua; Mantegna, Rosario N; Pantelous, Athanasios A; Zuev, Konstantin M

2018-01-01

In this study, we assess the dynamic evolution of short-term correlation, long-term cointegration and Error Correction Model (hereafter referred to as ECM)-based long-term Granger causality between each pair of US, UK, and Eurozone stock markets from 1980 to 2015 using the rolling-window technique. A comparative analysis of pairwise dynamic integration and causality of stock markets, measured in common and domestic currency terms, is conducted to evaluate comprehensively how exchange rate fluctuations affect the time-varying integration among the S&P 500, FTSE 100 and EURO STOXX 50 indices. The results obtained show that the dynamic correlation, cointegration and ECM-based long-run Granger causality vary significantly over the whole sample period. The degree of dynamic correlation and cointegration between pairs of stock markets rises in periods of high volatility and uncertainty, especially under the influence of economic, financial and political shocks. Meanwhile, we observe the weaker and decreasing correlation and cointegration among the three developed stock markets during the recovery periods. Interestingly, the most persistent and significant cointegration among the three developed stock markets exists during the 2007-09 global financial crisis. Finally, the exchange rate fluctuations, also influence the dynamic integration and causality between all pairs of stock indices, with that influence increasing under the local currency terms. Our results suggest that the potential for diversifying risk by investing in the US, UK and Eurozone stock markets is limited during the periods of economic, financial and political shocks.

Changes in the genetic structure of Atlantic salmon populations over four decades reveal substantial impacts of stocking and potential resiliency

PubMed Central

Perrier, Charles; Guyomard, René; Bagliniere, Jean-Luc; Nikolic, Natacha; Evanno, Guillaume

2013-01-01

While the stocking of captive-bred fish has been occurring for decades and has had substantial immediate genetic and evolutionary impacts on wild populations, its long-term consequences have only been weakly investigated. Here, we conducted a spatiotemporal analysis of 1428 Atlantic salmon sampled from 1965 to 2006 in 25 populations throughout France to investigate the influence of stocking on the neutral genetic structure in wild Atlantic salmon (Salmo salar) populations. On the basis of the analysis of 11 microsatellite loci, we found that the overall genetic structure among populations dramatically decreased over the period studied. Admixture rates among populations were highly variable, ranging from a nearly undetectable contribution from donor stocks to total replacement of the native gene pool, suggesting extremely variable impacts of stocking. Depending on population, admixture rates either increased, remained stable, or decreased in samples collected between 1998 and 2006 compared to samples from 1965 to 1987, suggesting either rising, long-lasting or short-term impacts of stocking. We discuss the potential mechanisms contributing to this variability, including the reduced fitness of stocked fish and persistence of wild locally adapted individuals. PMID:23919174

Calculating foraging area using gloal navigation satellite system (GNSS) technology

USDA-ARS?s Scientific Manuscript database

Adjusting stocking rate to changing forage conditions is a critical part of pro-active range management. In general stocking rate approaches tend to assume more optimal landscape use patterns than will actually occur. Today we can monitor spatio-temporal landscape use on a 24/7 basis using animals...

Stock price change rate prediction by utilizing social network activities.

PubMed

Deng, Shangkun; Mitsubuchi, Takashi; Sakurai, Akito

2014-01-01

Predicting stock price change rates for providing valuable information to investors is a challenging task. Individual participants may express their opinions in social network service (SNS) before or after their transactions in the market; we hypothesize that stock price change rate is better predicted by a function of social network service activities and technical indicators than by a function of just stock market activities. The hypothesis is tested by accuracy of predictions as well as performance of simulated trading because success or failure of prediction is better measured by profits or losses the investors gain or suffer. In this paper, we propose a hybrid model that combines multiple kernel learning (MKL) and genetic algorithm (GA). MKL is adopted to optimize the stock price change rate prediction models that are expressed in a multiple kernel linear function of different types of features extracted from different sources. GA is used to optimize the trading rules used in the simulated trading by fusing the return predictions and values of three well-known overbought and oversold technical indicators. Accumulated return and Sharpe ratio were used to test the goodness of performance of the simulated trading. Experimental results show that our proposed model performed better than other models including ones using state of the art techniques.

Stock Price Change Rate Prediction by Utilizing Social Network Activities

PubMed Central

Mitsubuchi, Takashi; Sakurai, Akito

2014-01-01

Predicting stock price change rates for providing valuable information to investors is a challenging task. Individual participants may express their opinions in social network service (SNS) before or after their transactions in the market; we hypothesize that stock price change rate is better predicted by a function of social network service activities and technical indicators than by a function of just stock market activities. The hypothesis is tested by accuracy of predictions as well as performance of simulated trading because success or failure of prediction is better measured by profits or losses the investors gain or suffer. In this paper, we propose a hybrid model that combines multiple kernel learning (MKL) and genetic algorithm (GA). MKL is adopted to optimize the stock price change rate prediction models that are expressed in a multiple kernel linear function of different types of features extracted from different sources. GA is used to optimize the trading rules used in the simulated trading by fusing the return predictions and values of three well-known overbought and oversold technical indicators. Accumulated return and Sharpe ratio were used to test the goodness of performance of the simulated trading. Experimental results show that our proposed model performed better than other models including ones using state of the art techniques. PMID:24790586

Current Log-Periodic View on Future World Market Development

NASA Astrophysics Data System (ADS)

Drożdż, S.; Kwapień, J.; Oświęcimka, P.; Speth, J.

2008-09-01

Applicability of the concept of financial log-periodicity is discussed and encouragingly verified for various phases of the world stock markets development in the period 2000-2010. In particular, a speculative forecasting scenario designed in the end of 2004, that properly predicted the world stock market increases in 2007, is updated by setting some more precise constraints on the time of duration of the present long-term equity market bullish phase. A termination of this phase is evaluated to occur in around November 2009. In particular, on the way towards this dead-line, a Spring-Summer 2008 increase is expected. On the precious metals market a forthcoming critical time signal is detected at the turn of March/April 2008 which marks a tendency for at least a serious correction to begin.

Relationships among Energy Price Shocks, Stock Market, and the Macroeconomy: Evidence from China

PubMed Central

Cong, Rong-Gang; Shen, Shaochuan

2013-01-01

This paper investigates the interactive relationships among China energy price shocks, stock market, and the macroeconomy using multivariate vector autoregression. The results indicate that there is a long cointegration among them. A 1% rise in the energy price index can depress the stock market index by 0.54% and the industrial value-adding growth by 0.037%. Energy price shocks also cause inflation and have a 5-month lag effect on stock market, which may result in the stock market “underreacting.” The energy price can explain stock market fluctuations better than the interest rate over a longer time period. Consequently, investors should pay greater attention to the long-term effect of energy on the stock market. PMID:23690737

Carbon stocks and accumulation rates in Pacific Northwest forests: role of stand age, plant community, and productivity

Treesearch

Andrew N. Gray; Thomas R. Whittier; Mark E. Harmon

2016-01-01

Forest ecosystems are removing significant amounts of carbon from the atmosphere. Both abiotic resource availability and biotic interactions during forest succession affect C accumulation rates and maximum C stocks. However, the timing and controls on the peak and decline in C accumulation rates as stands age, trees increase in size, and canopy gaps become prevalent...

Evaluation of coded wire tags for marking lake trout

USGS Publications Warehouse

Elrod, Joseph H.; Schneider, Clifford P.

1986-01-01

Among hatchery-reared lake trout (Salvelinus namaycush) of the 1979-1982 year classes stocked in New York waters of Lake Ontario, more than 3 million fish were marked with a coded wire tag (CWT) plus an adipose fin clip, and 1.5 million with only conventional fin clips. Altogether, 7,640 tags were recovered from fish collected with bottom trawls and gill nets or caught by anglers during 1980-1983. One person was able to extract and decipher 200 or more CWTs per day with about a 1% error rate in reading and recording codes. Presence of the CWT did not affect growth. The adipose fin clip did not regenerate. The occurrence of fish with an adipose fin clip but no CWT resulted primarily from the regeneration of paired fins among fish marked with a combination of the adipose fin and a paired fin. Loss of CWTs between marking and stocking (generally 4-5 months for fish stocked in spring and 1-8 d for fish stocked in fall) declined from nearly 11% for the 1979 year class stocked as fall fingerlings to less than 3% for the 1981 and 1982 year classes - a difference that primarily reflected improvements in instrumentation and tagging technique. The rate of CWT loss after the marked fish were stocked was probably less than 1% per year. The CWT is a reliable method for marking hatchery-reared lake trout. A large number of experimental groups can be uniquely marked, and fish from each group can be accurately identified throughout their life. Use of this technique should greatly facilitate evaluations of genetic strain, hatchery experience, condition at time of stocking, season of stocking, size at stocking, method of stocking and other factors that affect poststocking survival and performance of lake trout stocked in the Great Lakes.

"Price-quakes" shaking the world's stock exchanges.

PubMed

Andersen, Jørgen Vitting; Nowak, Andrzej; Rotundo, Giulia; Parrott, Lael; Martinez, Sebastian

2011-01-01

Systemic risk has received much more awareness after the excessive risk taking by major financial instituations pushed the world's financial system into what many considered a state of near systemic failure in 2008. The IMF for example in its yearly 2009 Global Financial Stability Report acknowledged the lack of proper tools and research on the topic. Understanding how disruptions can propagate across financial markets is therefore of utmost importance. Here, we use empirical data to show that the world's markets have a non-linear threshold response to events, consistent with the hypothesis that traders exhibit change blindness. Change blindness is the tendency of humans to ignore small changes and to react disproportionately to large events. As we show, this may be responsible for generating cascading events--pricequakes--in the world's markets. We propose a network model of the world's stock exchanges that predicts how an individual stock exchange should be priced in terms of the performance of the global market of exchanges, but with change blindness included in the pricing. The model has a direct correspondence to models of earth tectonic plate movements developed in physics to describe the slip-stick movement of blocks linked via spring forces. We have shown how the price dynamics of the world's stock exchanges follows a dynamics of build-up and release of stress, similar to earthquakes. The nonlinear response allows us to classify price movements of a given stock index as either being generated internally, due to specific economic news for the country in question, or externally, by the ensemble of the world's stock exchanges reacting together like a complex system. The model may provide new insight into the origins and thereby also prevent systemic risks in the global financial network.

“Price-Quakes” Shaking the World's Stock Exchanges

PubMed Central

Andersen, Jørgen Vitting; Nowak, Andrzej; Rotundo, Giulia; Parrott, Lael; Martinez, Sebastian

2011-01-01

Background Systemic risk has received much more awareness after the excessive risk taking by major financial instituations pushed the world's financial system into what many considered a state of near systemic failure in 2008. The IMF for example in its yearly 2009 Global Financial Stability Report acknowledged the lack of proper tools and research on the topic. Understanding how disruptions can propagate across financial markets is therefore of utmost importance. Methodology/Principal Findings Here, we use empirical data to show that the world's markets have a non-linear threshold response to events, consistent with the hypothesis that traders exhibit change blindness. Change blindness is the tendency of humans to ignore small changes and to react disproportionately to large events. As we show, this may be responsible for generating cascading events—pricequakes—in the world's markets. We propose a network model of the world's stock exchanges that predicts how an individual stock exchange should be priced in terms of the performance of the global market of exchanges, but with change blindness included in the pricing. The model has a direct correspondence to models of earth tectonic plate movements developed in physics to describe the slip-stick movement of blocks linked via spring forces. Conclusions/Significance We have shown how the price dynamics of the world's stock exchanges follows a dynamics of build-up and release of stress, similar to earthquakes. The nonlinear response allows us to classify price movements of a given stock index as either being generated internally, due to specific economic news for the country in question, or externally, by the ensemble of the world's stock exchanges reacting together like a complex system. The model may provide new insight into the origins and thereby also prevent systemic risks in the global financial network. PMID:22073168

Annual Coded Wire Tag Program; Oregon Missing Production Groups, 1996 Annual Report.

DOE Office of Scientific and Technical Information (OSTI.GOV)

Lewis, Mark A.; Mallette, Christine; Murray, William M.

1998-03-01

This annual report is in fulfillment of contract obligations with Bonneville Power Administration which is the funding source for the Oregon Department of Fish and Wildlife's Annual Coded Wire Tag Program - Oregon Missing Production Groups Project. Tule stock fall chinook were caught primarily in British Columbia and Washington ocean, and Oregon freshwater fisheries. Up-river bright stock fall chinook contributed primarily to Alaska and British Columbia ocean commercial, and Columbia River gillnet and other freshwater fisheries. Contribution of Rogue stock fall chinook released in the lower Columbia River occurred primarily in Oregon ocean commercial and Columbia river gillnet fisheries. Willamettemore » stock spring chinook contributed primarily to Alaska and British Columbia ocean commercial, Oregon freshwater sport and Columbia River gillnet fisheries. Willamette stock spring chinook released by CEDC contributed to similar fisheries as the same stocks released in the Willamette system. Up-river stocks of spring chinook contributed almost exclusively to Columbia River sport fisheries and other freshwater recovery areas. The up-river stocks of Columbia River summer steelhead contributed primarily to the Columbia River gillnet and other freshwater fisheries. Coho ocean fisheries from Washington to California were closed or very limited in 1994 and 1995 (1991 and 1992 broods). This has resulted in a greater average percent of catch for other fishery areas. Coho stocks released by ODFW below Bonneville Dam contributed mainly to Oregon and Washington ocean, Columbia Gillnet and other freshwater fisheries. Coho stocks released in the Klaskanine River and Youngs Bay area had much higher contribution to gillnet fisheries than the other coho releases. Coho stocks released above Bonneville Dam contributed to the same fisheries as those released below Bonneville Dam. Survival rates of salmon and steelhead are influenced, not only by factors in the hatchery (disease, density, diet, size and time of release) but also by environmental factors in the river and ocean. These environmental factors are controlled by large scale weather patterns such as El Nino over which man has no influence. Changes in rearing conditions in the hatchery, over which man has some influence, do impact the survival rates. However, these impacts can be offset by impacts caused by environmental factors. Brood years of salmon and steelhead that were in the ocean during the 1983 El Nino event exhibited poor survival all along the Pacific coast of California, Oregon, and Washington. However, stocks of chinook and coho that entered the ocean in the fall of 1984 following the El Nino experienced remarkably improved survival rates. In some instances, tule fall chinook experienced survival rates almost ten times higher than for the previous brood years of the same stock. Coho salmon released in the Columbia River generally experience better survival rates when released later in the spring. However, for the 1990 brood year June releases of Columbia River coho had much lower survival than May releases, for all ODFW hatcheries. In general survival of ODFW Columbia River hatchery coho has declined to low levels since the 1989 brood year.« less

Spring precipitation as a predictor for peak standing crop of mixed-grass prairie

USDA-ARS?s Scientific Manuscript database

Ranchers and range managers in the West are at the mercy of climatic conditions that determine the amount of annual forge available on rangeland. Typically, stocking or de-stocking decisions need to be made before the final annual forage production level is known. Since erroneous stocking rate decis...

Adaptive hidden Markov model with anomaly States for price manipulation detection.

PubMed

Cao, Yi; Li, Yuhua; Coleman, Sonya; Belatreche, Ammar; McGinnity, Thomas Martin

2015-02-01

Price manipulation refers to the activities of those traders who use carefully designed trading behaviors to manually push up or down the underlying equity prices for making profits. With increasing volumes and frequency of trading, price manipulation can be extremely damaging to the proper functioning and integrity of capital markets. The existing literature focuses on either empirical studies of market abuse cases or analysis of particular manipulation types based on certain assumptions. Effective approaches for analyzing and detecting price manipulation in real time are yet to be developed. This paper proposes a novel approach, called adaptive hidden Markov model with anomaly states (AHMMAS) for modeling and detecting price manipulation activities. Together with wavelet transformations and gradients as the feature extraction methods, the AHMMAS model caters to price manipulation detection and basic manipulation type recognition. The evaluation experiments conducted on seven stock tick data from NASDAQ and the London Stock Exchange and 10 simulated stock prices by stochastic differential equation show that the proposed AHMMAS model can effectively detect price manipulation patterns and outperforms the selected benchmark models.

Adaptation to climate change: changes in farmland use and stocking rate in the U.S.

USGS Publications Warehouse

Mu, Jianhong E.; McCarl, Bruce A.; Wein, Anne M.

2013-01-01

This paper examines possible adaptations to climate change in terms of pasture and crop land use and stocking rate in the United States (U.S.). Using Agricultural Census and climate data in a statistical model, we find that as temperature and precipitation increases agricultural commodity producers respond by reducing crop land and increasing pasture land. In addition, cattle stocking rate decreases as the summer Temperature-humidity Index (THI) increases and summer precipitation decreases. Using the statistical model with climate data from four General Circulation Models (GCMs), we project that land use shifts from cropping to grazing and the stocking rate declines, and these adaptations are more pronounced in the central and the southeast regions of the U.S. Controlling for other farm production variables, crop land decreases by 6 % and pasture land increases by 33 % from the baseline. Correspondingly, the associated economic impact due to adaptation is around -14 and 29 million dollars to crop producers and pasture producers by the end of this century, respectively. The national and regional results have implications for farm programs and subsidy policies.

Predation on stocked Atlantic salmon (Salmo salar) fry

USGS Publications Warehouse

Henderson, J.N.; Letcher, B.H.

2003-01-01

We studied predator-prey interactions between juvenile Atlantic salmon (Salmo salar) and trout in three Massachusetts, U.S.A., streams and in artificial streams. We sampled stomach contents of age-1+ and older salmon and trout (Salvelinus fontinalis, Salmo trutta) following salmon fry stocking in the spring of 1997 and 1998. Between 4.3 and 48.6% of the stocked fry were consumed within the first 2 days after stocking, and total fry mortality from predation varied from 4.3 to 60.7%. No significant differences were found between stomach weights of predators (without fry weight) that consumed fry and those that did not. Artificial stream experiments testing effects of habitat complexity and predator species on predator consumption rates revealed that consumption rates were not different between brook (S. fontinalis) and brown (S. trutta) trout (p = 0.59). Predation rate tended to decrease as the percentage of riffle habitat increased but the decrease was not significant (p = 0.22). Our results indicate that predation on stocked Atlantic salmon fry can be substantial (up to 60%), appears to be short lived (2 days), and is not related in a simple way to abiotic and biotic factors.

Age structure and capital dilution effects in neo-classical growth models.

PubMed

Blanchet, D

1988-01-01

Economists often over estimate capital dilution effects when applying neoclassical growth models which use age structured population and depreciation of capital stock. This occurs because capital stock is improperly characterized. A standard model which assumes a constant depreciation of capital intimates that a population growth rate equal to a negative constant savings ratio is preferable to any higher growth rate. Growth rates which are lower than a negative constant savings ratio suggest an ever growing capital/labor ratio and an ever growing standard of living, even if people do not save. This is suggested because the natural reduction of the capital stock through depreciation is slower than the population decrease which is simply unrealistic. This model overlooks the fact that low or negative growth rates result in an ageing of the capital stock, and this ageing subsequently results in an increase of the overall rate of capital depreciation. In that overly simplistic model, depreciation was assumed independent of the age of the captial stock. Incorporating depreciation as a variable into a model allows a more symmetric treatment of capital. Using models with heterogenous capital, this article explores what occurs when more than 1 kind of capital good is involved in production and when these various captial goods have different lengths of life. Applying economic models, it also examines what occurs when the length of life of capital may vary. These variations correct the negative impact that population growth can have on per capital production and consumption.

Research on the fractal structure in the Chinese stock market

NASA Astrophysics Data System (ADS)

Zhuang, Xin-tian; Huang, Xiao-yuan; Sha, Yan-li

2004-02-01

Applying fractal theory, this paper probes and discusses self-similarity and scale invariance of the Chinese stock market. It analyses three kinds of scale indexes, i.e., autocorrelation index, Hurst index and the scale index on the basis of detrended fluctuation analysis (DFA) algorithm and promotes DFA into a recursive algorithm. Using the three kinds of scale indexes, we conduct empirical research on the Chinese Shanghai and Shenzhen stock markets. The results indicate that the rate of returns of the two stock markets does not obey the normal distribution. A correlation exists between the stock price indexes over time scales. The stock price indexes exhibit fractal time series. It indicates that the policy guide hidden at the back influences the characteristic of the Chinese stock market.

Shifting Patterns of Pasturelands and Stocking Rates of Cattle in Brazil: 1940 to 2012

NASA Astrophysics Data System (ADS)

Dias, L. C. P.; Santos, A.; Pimenta, F. M.; Costa, M. H.

2015-12-01

In this work, we investigate the shifting in historical patterns of pastureland (natural and planted) in Brazil using a new high-resolution (approximately 1 km x 1 km) spatially explicit reconstruction of land use from 1940 to 2012 and stocking rate of cattle maps from 1990 to 2012. We also identified the top 5% (highest yields) pixels in the 2010 stocking rate map and we assessed the historical trends in intensification and extensification practices in Brazil. We focus our analyzes in Amazonia and Cerrado biomes, in Mato Grosso and Pará states, and in the new agricultural frontier called MATOPIBA - which is formed by Maranhão, Tocantins, Piauí, and Bahia states. Natural pastureland expanded until the 1970s and, after that, most areas with natural pasture were replaced by planted pasture, which is more profitable. In 2012, natural pastures were still predominant in the Pampas (located in southern Rio Grande do Sul) and the Pantanal (located in western Mato Grosso do Sul). On the other hand, planted pastureland expanded in area between 1975 and 2012, especially in the Cerrado biome. Brazilian stocking rate of cattle increased, but remains close to 1.0 head/ha between 1990 and 2010 and the top 5% were about twice as high as the average in all regions analyzed. The yield gap (difference between average and the top 5% pixels) was largest in Pará state, where the stocking rate of cattle was below 50% of the potential given 2010 practices. The increase in cattle production in Amazonia biome and in the states of Mato Grosso and Pará came from both intensification and expansion of pasturelands. In contrast, pasturelands in Cerrado and MATOPIBA decreased in area while stocking rates of cattle increased gradually. Our results provide new insights about land use change and productivity in Brazilian territory that could guide future agricultural and conservation discussions, decisions, and policies.

A dynamic analysis of S&P 500, FTSE 100 and EURO STOXX 50 indices under different exchange rates

PubMed Central

Chen, Yanhua; Mantegna, Rosario N.; Zuev, Konstantin M.

2018-01-01

In this study, we assess the dynamic evolution of short-term correlation, long-term cointegration and Error Correction Model (hereafter referred to as ECM)-based long-term Granger causality between each pair of US, UK, and Eurozone stock markets from 1980 to 2015 using the rolling-window technique. A comparative analysis of pairwise dynamic integration and causality of stock markets, measured in common and domestic currency terms, is conducted to evaluate comprehensively how exchange rate fluctuations affect the time-varying integration among the S&P 500, FTSE 100 and EURO STOXX 50 indices. The results obtained show that the dynamic correlation, cointegration and ECM-based long-run Granger causality vary significantly over the whole sample period. The degree of dynamic correlation and cointegration between pairs of stock markets rises in periods of high volatility and uncertainty, especially under the influence of economic, financial and political shocks. Meanwhile, we observe the weaker and decreasing correlation and cointegration among the three developed stock markets during the recovery periods. Interestingly, the most persistent and significant cointegration among the three developed stock markets exists during the 2007–09 global financial crisis. Finally, the exchange rate fluctuations, also influence the dynamic integration and causality between all pairs of stock indices, with that influence increasing under the local currency terms. Our results suggest that the potential for diversifying risk by investing in the US, UK and Eurozone stock markets is limited during the periods of economic, financial and political shocks. PMID:29529092

Public and health professionals' misconceptions about the dynamics of body weight gain/loss.

PubMed

Abdel-Hamid, Tarek; Ankel, Felix; Battle-Fisher, Michele; Gibson, Bryan; Gonzalez-Parra, Gilberto; Jalali, Mohammad; Kaipainen, Kirsikka; Kalupahana, Nishan; Karanfil, Ozge; Marathe, Achla; Martinson, Brian; McKelvey, Karma; Sarbadhikari, Suptendra Nath; Pintauro, Stephen; Poucheret, Patrick; Pronk, Nicolaas; Qian, Ying; Sazonov, Edward; Van Oorschot, Kim; Venkitasubramanian, Akshay; Murphy, Philip

2014-01-01

Human body energy storage operates as a stock-and-flow system with inflow (food intake) and outflow (energy expenditure). In spite of the ubiquity of stock-and-flow structures, evidence suggests that human beings fail to understand stock accumulation and rates of change, a difficulty called the stock-flow failure. This study examines the influence of health care training and cultural background in overcoming stock-flow failure. A standardized protocol assessed lay people's and health care professionals' ability to apply stock-and-flow reasoning to infer the dynamics of weight gain/loss during the holiday season (621 subjects from seven countries). Our results indicate that both types of subjects exhibited systematic errors indicative of use of erroneous heuristics. Stock-flow failure was found across cultures and was not improved by professional health training. The problem of stock-flow failure as a transcultural global issue with education and policy implications is discussed.

Price Bubbles with Discounting: A Web-Based Classroom Experiment

ERIC Educational Resources Information Center

Bostian, AJ A.; Holt, Charles A.

2009-01-01

The authors describe a Web-based classroom experiment with two assets: cash and a stock that pays a random dividend. The interest rate on cash, coupled with a well-chosen final redemption value for the stock, induces a flat trajectory for the fundamental value of the stock. However, prices typically rise above this value during a session. The…

26 CFR 1.246-5 - Reduction of holding periods in certain situations.

Code of Federal Regulations, 2012 CFR

2012-04-01

... hold gold as their primary asset, and historically changes in the fair market value of Corporation C..., property is substantially similar or related to stock when— (i) The fair market values of the stock and the... prices, or foreign-currency exchange rates; and (ii) Changes in the fair market value of the stock are...

26 CFR 1.246-5 - Reduction of holding periods in certain situations.

Code of Federal Regulations, 2013 CFR

2013-04-01

... hold gold as their primary asset, and historically changes in the fair market value of Corporation C..., property is substantially similar or related to stock when— (i) The fair market values of the stock and the... prices, or foreign-currency exchange rates; and (ii) Changes in the fair market value of the stock are...

26 CFR 1.246-5 - Reduction of holding periods in certain situations.

Code of Federal Regulations, 2014 CFR

2014-04-01

... hold gold as their primary asset, and historically changes in the fair market value of Corporation C..., property is substantially similar or related to stock when— (i) The fair market values of the stock and the... prices, or foreign-currency exchange rates; and (ii) Changes in the fair market value of the stock are...

Using a model and forecasted weather to predict forage and livestock production for making stocking decisions in the coming growing season

USDA-ARS?s Scientific Manuscript database

Forecasting peak standing crop (PSC) for the coming grazing season can help ranchers make appropriate stocking decisions to reduce enterprise risks. Previously developed PSC predictors were based on short-term experimental data (<15 yr) and limited stocking rates (SR) without including the effect of...

How Random is the Walk: Efficiency of Indian Stock and Futures Markets

NASA Astrophysics Data System (ADS)

Basu, Udayan Kumar

Time series of prices of stock and its rates of return has been one of the major areas of study in Econophysics. The price of a stock depends on a number of factors as well as information related thereto, and how quickly and effectively the price of a stock assimilates all such information decides the efficiency of the stock market. Instead of individual stocks, people often study the behaviour of stock indices to get a feel of the market as a whole, and the outcomes of such studies for the Dow Jones Industrial Average (DJIA), the Nasdaq Index and the S & P 500 Index have been listed in a number of articles. In this context, it has also been argued that for a market to be considered sufficiently liquid, correlation between successive price movements and rates of return should be insignificant, because any significant correlation would lead to an arbitrage opportunity that is expected to be rapidly exploited and thus washed out. The residual correlations are those little enough not to be profitable for strategies due to imperfect market conditions. Unless transaction costs or slippages or any other impediment exists, leading to some transactional inefficiency, arbitrages would take place to bring back the markets to a stage of insignifficant correlations [1, 2].

Relative persistence and dispersal of age-0 and age-1 largemouth bass stocked into two Ohio River embayments

USGS Publications Warehouse

Hartman, K.J.; Janney, E.C.

2006-01-01

In October of 1998 the West Virginia Division of Natural Resources stocked age-0 [mean total length (MTL) = 178 mm] and age-1 (MTL = 273 mm) hatchery-reared largemouth bass into two embayments of the Ohio River. Stocked fish were fitted with both an anchor tag and a visible implant elastomer mark. A multifaceted sampling approach was undertaken to (1) evaluate the persistence of stocked largemouth bass, (2) estimate fidelity of stocked largemouth bass to release sites, and (3) compare return rates of the two age classes. Although stocked largemouth bass comprised the majority (81%) of all bass captured in electrofishing surveys of the stocked embayments during fall 1998, catches declined rapidly during winter 1998, and by spring and summer 1999 stocked largemouth bass were virtually absent from electrofishing surveys. Creel surveys indicated no catch of stocked largemouth bass in the release sites after winter 1998. Electrofishing surveys, creel surveys, and angler call-ins all suggested stocked fish did not persist and either moved out of the stocked embayments or died. The results suggest that stocking advanced-size largemouth bass into these embayments only provided a limited and short-term enhancement of the fishery in those areas.

Age-related decline in ovarian follicle stocks differ between chimpanzees (Pan troglodytes) and humans.

PubMed

Cloutier, Christina T; Coxworth, James E; Hawkes, Kristen

2015-02-01

Similarity in oldest parturitions in humans and great apes suggests that we maintain ancestral rates of ovarian aging. Consistent with that hypothesis, previous counts of primordial follicles in postmortem ovarian sections from chimpanzees (Pan troglodytes) showed follicle stock decline at the same rate that human stocks decline across the same ages. Here, we correct that finding with a chimpanzee sample more than three times larger than the previous one, which also allows comparison into older ages. Analyses show depletion rates similar until about age 35, but after 35, the human counts continue to fall with age, while the change is much less steep in chimpanzees. This difference implicates likely effects on ovarian dynamics from other physiological systems that are senescing at different rates, and, potentially, different perimenopausal experience for chimpanzees and humans.

Production of stocker-size hybrid tilapia in an outdoor biofloc production system

USDA-ARS?s Scientific Manuscript database

Production efficiency per unit volume of water can be improved when stocking rate is adjusted to allow rapid growth of the culture organism to the desired target weight. Fingerlings often are grown to stocker size (ca. 100-150 g/fish) at high stocking rates and then the population is thinned to allo...

Carbon accretion in unthinned and thinned young-growth forest stands of the Alaskan perhumid coastal temperate rainforest.

PubMed

D'Amore, David V; Oken, Kiva L; Herendeen, Paul A; Steel, E Ashley; Hennon, Paul E

2015-12-01

Accounting for carbon gains and losses in young-growth forests is a key part of carbon assessments. A common silvicultural practice in young forests is thinning to increase the growth rate of residual trees. However, the effect of thinning on total stand carbon stock in these stands is uncertain. In this study we used data from 284 long-term growth and yield plots to quantify the carbon stock in unthinned and thinned young growth conifer stands in the Alaskan coastal temperate rainforest. We estimated carbon stocks and carbon accretion rates for three thinning treatments (basal area removal of 47, 60, and 73 %) and a no-thin treatment across a range of productivity classes and ages. We also accounted for the carbon content in dead trees to quantify the influence of both thinning and natural mortality in unthinned stands. The total tree carbon stock in naturally-regenerating unthinned young-growth forests estimated as the asymptote of the accretion curve was 484 (±26) Mg C ha -1 for live and dead trees and 398 (±20) Mg C ha -1 for live trees only. The total tree carbon stock was reduced by 16, 26, and 39 % at stand age 40 y across the increasing range of basal area removal. Modeled linear carbon accretion rates of stands 40 years after treatment were not markedly different with increasing intensity of basal area removal from reference stand values of 4.45 Mg C ha -1  year -1 to treatment stand values of 5.01, 4.83, and 4.68 Mg C ha -1  year -1 respectively. However, the carbon stock reduction in thinned stands compared to the stock of carbon in the unthinned plots was maintained over the entire 100 year period of observation. Thinning treatments in regenerating forest stands reduce forest carbon stocks, while carbon accretion rates recovered and were similar to unthinned stands. However, that the reduction of carbon stocks in thinned stands persisted for a century indicate that the unthinned treatment option is the optimal choice for short-term carbon sequestration. Other ecologically beneficial results of thinning may override the loss of carbon due to treatment. Our model estimates can be used to calculate regional carbon losses, alleviating uncertainty in calculating the carbon cost of the treatments.

A novel stock forecasting model based on High-order-fuzzy-fluctuation Trends and Back Propagation Neural Network

PubMed Central

Dai, Zongli; Zhao, Aiwu; He, Jie

2018-01-01

In this paper, we propose a hybrid method to forecast the stock prices called High-order-fuzzy-fluctuation-Trends-based Back Propagation(HTBP)Neural Network model. First, we compare each value of the historical training data with the previous day's value to obtain a fluctuation trend time series (FTTS). On this basis, the FTTS blur into fuzzy time series (FFTS) based on the fluctuation of the increasing, equality, decreasing amplitude and direction. Since the relationship between FFTS and future wave trends is nonlinear, the HTBP neural network algorithm is used to find the mapping rules in the form of self-learning. Finally, the results of the algorithm output are used to predict future fluctuations. The proposed model provides some innovative features:(1)It combines fuzzy set theory and neural network algorithm to avoid overfitting problems existed in traditional models. (2)BP neural network algorithm can intelligently explore the internal rules of the actual existence of sequential data, without the need to analyze the influence factors of specific rules and the path of action. (3)The hybrid modal can reasonably remove noises from the internal rules by proper fuzzy treatment. This paper takes the TAIEX data set of Taiwan stock exchange as an example, and compares and analyzes the prediction performance of the model. The experimental results show that this method can predict the stock market in a very simple way. At the same time, we use this method to predict the Shanghai stock exchange composite index, and further verify the effectiveness and universality of the method. PMID:29420584

A novel stock forecasting model based on High-order-fuzzy-fluctuation Trends and Back Propagation Neural Network.

PubMed

Guan, Hongjun; Dai, Zongli; Zhao, Aiwu; He, Jie

2018-01-01

In this paper, we propose a hybrid method to forecast the stock prices called High-order-fuzzy-fluctuation-Trends-based Back Propagation(HTBP)Neural Network model. First, we compare each value of the historical training data with the previous day's value to obtain a fluctuation trend time series (FTTS). On this basis, the FTTS blur into fuzzy time series (FFTS) based on the fluctuation of the increasing, equality, decreasing amplitude and direction. Since the relationship between FFTS and future wave trends is nonlinear, the HTBP neural network algorithm is used to find the mapping rules in the form of self-learning. Finally, the results of the algorithm output are used to predict future fluctuations. The proposed model provides some innovative features:(1)It combines fuzzy set theory and neural network algorithm to avoid overfitting problems existed in traditional models. (2)BP neural network algorithm can intelligently explore the internal rules of the actual existence of sequential data, without the need to analyze the influence factors of specific rules and the path of action. (3)The hybrid modal can reasonably remove noises from the internal rules by proper fuzzy treatment. This paper takes the TAIEX data set of Taiwan stock exchange as an example, and compares and analyzes the prediction performance of the model. The experimental results show that this method can predict the stock market in a very simple way. At the same time, we use this method to predict the Shanghai stock exchange composite index, and further verify the effectiveness and universality of the method.

Dispersal, mortality, and predation on recently-stocked rainbow trout in Dale Hollow Lake, Tennessee

USGS Publications Warehouse

Ivasauskas, Tomas J.; Bettoli, Phillip William

2011-01-01

Forty-four hatchery-raised rainbow trout (Oncorhynchus mykiss) were implanted with ultrasonic tags and stocked into Dale Hollow Lake, Tennessee, and tracked at least once per week for eight weeks to describe post-stocking dispersal rates, movements, and habitat use. Dispersal followed a three-stage pattern characterized by rapid movement away from each stocking site during the first week, relatively little dispersal during the next three weeks, and further dispersion during the final four weeks that fish were tracked. Rainbow trout exhibited a strong affinity for coves and were rarely encountered in the main channel. Tagged fish stocked in March exhibited lower mortality (Zweekly = 0.027) than those stocked in January (Zweekly = 0.062) during the first eight weeks post-stocking. Diets of potential predators in Dale Hollow Lake were examined. Walleye (Sander vitreus), smallmouth bass (Micropterus dolomieu), largemouth bass (M. salmoides), and holdover rainbow trout all preyed on recently stocked trout. Larger walleye were more likely to prey on stocked rainbow trout, and walleye of all sizes tended to prey on the smaller trout in each stocked cohort. Walleye were more likely to feed on rainbow trout during January than March. Effective stocking strategies should focus on reducing predation by stocking larger rainbow trout or by stocking when predation risk is minimized (i.e., March).

Identification, movement, growth, mortality, and exploitation of walleye stocks in Lake St. Clair and the western basin of Lake Erie

USGS Publications Warehouse

Haas, Robert C.; Fabrizio, Mary C.; Todd, Thomas N.

1988-01-01

The harvest of walleye by sport and commercial fisheries in lakes St. Clair and Erie is under a cooperative management program involving several states and two countries. In this report we present the results of a long-term tag-recapture study as well as corroborative evidence of stock discreteness fromstudies of population characteristics such as growth and allelic frequencies of walleye in these waters. Walleye were tagged in the spring from 1975-87 in lakes St. Clair and Erie. Tag-recapture data indicate a general tendency for walleye to move northward after tagging. Walleye tagged in Lake St. Clair had higher recovery rates and lower survival rates than walleye tagged in Lake Erie. A reward-tag study in Lake St. Clair provided an estimate of a non-reporting rate of approximately 33% which is comparable to rates in the literature for other species. Data from the Ontario commercial (gill-net) fishery, Michigan Department of Natural Resources trap-net surveys, and sport fisheries from western Lake Erie and Lake St. Clair were analyzed with a catch-at-age model which permitted estimation of population abundance (12.2 to 34.5 million fish), fishing mortality rate (0.19 to 0.37), and annual survival rate (0.57 to 0.68). It appears that exploitation rates for the sport fishery in the western basin exceeded those of the commercial fishery from 1978-82. In recent years (1983-87), exploitation rates were comparable. Average abundance and catch of walleye in the western basin were 12.2 million and 3.4 million fish in 1978-82; average abundance and catch in 1983-87 were 34.5 and 5.2 million fish. We found good agreement between the estimate of the harvest from creel surveys and that from the catch-at-age model for Lake Erie. Walleye abundance and harvest in Lake St. Clair were 10% of the values for the western basin of Lake Erie. Two discrete stocks were delineated be analysis of allelic frequencies of samples from Lake St. Clair and Lake Erie spawning populations. These two stocks are the western basin of Lake Erie and Lake St. Clair stocks. No further subdivision of stocks was possible based on the genetic analysis of 21 loci. These genetically different stocks intermix in the northern waters of this system. Based on a consideration of the results of the genetic analysis, catch-at-age analysis, and tag-recapture study we recommend independent but coordinated management of the walleye populations in Lake St. Clair and Lake Erie.

Baltic Sea Blue Carbon: Role of environmental factors influencing the carbon sink capacity of eelgrass (Zostera marina) meadows.

NASA Astrophysics Data System (ADS)

Röhr, E.; Holmer, M.; Boström, C.

2016-02-01

Although the global seagrass coverage area is less than 0.2 % of the worlds ocean floor, the carbon sink capacity of seagrasses may account up to 18 % of oceanic carbon burial and thus play a critical structural and functional role in many coastal ecosystems. Recent studies have shown considerable variation in the global estimates for seagrass meadow Corg accumulation rates and stocks, and indicate lack of understanding the factors influencing this variability. We sampled 20 eelgrass (Zostera marina) meadows in Finland and Denmark to study the variation in Corg accumulation rates and stocks within the Baltic Sea area. The study sites in both regions spanned a gradient from sheltered to exposed locations. The estimates for Corg accumulation rates at the Finnish eelgrass meadows were two orders of magnitude lower than the estimates for the Danish sites. The Corg stock integrated over the top 25 cm of sediment showed similar pattern, suggesting that the Finnish eelgrass meadows are carbon sources rather than carbon sinks, and the produced Corg is exported from the meadows. In contrast, at the Danish sites both Corg accumulation rates and areal Corg stock was more varying suggesting, that in this region the meadows function both as carbon sinks and sources. Our analysis further showed that a large percentage (> 55 %) of the variation in the Corg stocks was explained by sediment characteristics (density, fraction of silt and grain size distribution). In addition, the contribution of Zostera marina detritus to the sediment Corg pool explained >14 % of the variation in the Corg stocks. In order to get more reliable regional and global estimates of the role of seagrass meadows in the ocean carbon cycle, more studies accounting for the full range of environmental and species characteristics are urgently needed.

Harvesting Atlantic Cod under Climate Variability

NASA Astrophysics Data System (ADS)

Oremus, K. L.

2016-12-01

Previous literature links the growth of a fishery to climate variability. This study uses an age-structured bioeconomic model to compare optimal harvest in the Gulf of Maine Atlantic cod fishery under a variable climate versus a static climate. The optimal harvest path depends on the relationship between fishery growth and the interest rate, with higher interest rates dictating greater harvests now at the cost of long-term stock sustainability. Given the time horizon of a single generation of fishermen under assumptions of a static climate, the model finds that the economically optimal management strategy is to harvest the entire stock in the short term and allow the fishery to collapse. However, if the biological growth of the fishery is assumed to vary with climate conditions, such as the North Atlantic Oscillation, there will always be pulses of high growth in the stock. During some of these high-growth years, the growth of the stock and its economic yield can exceed the growth rate of the economy even under high interest rates. This implies that it is not economically optimal to exhaust the New England cod fishery if NAO is included in the biological growth function. This finding may have theoretical implications for the management of other renewable yet exhaustible resources whose growth rates are subject to climate variability.

Effect of stocking rate on growing juvenile sunshine bass in an outdoor biofloc production system: study shows potential to intensify production of sunshine bass fingerlings

USDA-ARS?s Scientific Manuscript database

A dose–response study was conducted in an outdoor biofloc system to begin quantifying the stocking rate production function for sunshine bass advanced fingerlings. Results showed the potential of the outdoor biofloc system to intensify production of advanced sunshine bass fingerlings, but feed cons...

Carbon sequestration in the U.S. forest sector from 1990 to 2010

Treesearch

Peter B. Woodbury; James E. Smith; Linda S. Heath

2007-01-01

Forest inventory data supplemented with data from intensive research sites and models were used to estimate carbon stocks and sequestration rates in U.S. forests, including effects of land use change. Data on the production of wood products and emission from decomposition were used to estimate carbon stocks and sequestration rates in wood products and landfills. From...

Stocking rate and fuels reduction effects on beef cattle diet composition and quality

Treesearch

Abe Clark; Tim DelCurto; Martin Vavra; Brian L. Dick

2013-01-01

An experiment was conducted to evaluate the influence of forest fuels reduction on diet quality, botanical composition, relative preference, and foraging efficiency of beef cattle grazing at different stocking rates. A split plot factorial design was used, with whole plots (3 ha) being fuel reduced or no treatment (control), and split plots (1 ha) within whole plots...

Quantized expected returns in terms of dividend yield at the money

NASA Astrophysics Data System (ADS)

Dieng, Lamine

2011-03-01

We use the Bachelier (additive model) and the Black-Scholes (multiplicative model) as our models for the stock price movement for an investor who has entered into an America call option contract. We assume the investor to pay certain dividend yield on the expected rate of returns from buying stocks. In this work, we also assume the stock price to be initially in the out of the money state and eventually will move up through at the money state to the deep in the money state where the expected future payoffs and returns are positive for the stock holder. We call a singularity point at the money because the expected payoff vanishes at this point. Then, using martingale, supermartingale and Markov theories we obtain the Bachelier-type of the Black-Scholes and the Black-Scholes equations which we hedge in the limit where the change of the expected payoff of the call option is extremely small. Hence, by comparison we obtain the time-independent Schroedinger equation in Quantum Mechanics. We solve completely the time independent Schroedinger equation for both models to obtain the expected rate of returns and the expected payoffs for the stock holder at the money. We find the expected rate of returns to be quantized in terms of the dividend yield.

Tests of nonuniversality of the stock return distributions in an emerging market

NASA Astrophysics Data System (ADS)

Mu, Guo-Hua; Zhou, Wei-Xing

2010-12-01

There is convincing evidence showing that the probability distributions of stock returns in mature markets exhibit power-law tails and both the positive and negative tails conform to the inverse cubic law. It supports the possibility that the tail exponents are universal at least for mature markets in the sense that they do not depend on stock market, industry sector, and market capitalization. We investigate the distributions of intraday returns at different time scales ( Δt=1 , 5, 15, and 30 min) of all the A-share stocks traded in the Chinese stock market, which is the largest emerging market in the world. We find that the returns can be well fitted by the q -Gaussian distribution and the tails have power-law relaxations with the exponents increasing with Δt and being well outside the Lévy stable regime for individual stocks. We provide statistically significant evidence showing that, at small time scales Δt<15min , the exponents logarithmically decrease with the turnover rate and increase with the market capitalization. When Δt>15min , no conclusive evidence is found for a possible dependence of the tail exponent on the turnover rate or the market capitalization. Our findings indicate that the intraday return distributions at small time scales are not universal in emerging stock markets but might be universal at large time scales.

Species-specific preferences of German recreational anglers for freshwater fishing experiences, with emphasis on the intrinsic utilities of fish stocking and wild fishes.

PubMed

Arlinghaus, R; Beardmore, B; Riepe, C; Meyerhoff, J; Pagel, T

2014-12-01

To answer the question, whether anglers have an intrinsic preference for stocking or a preference for catch outcomes (e.g. catch rates) believed to be maintained by stocking, a discrete choice experiment was conducted among a sample of anglers (n = 1335) in Lower Saxony, Germany. After controlling for catch aspects of the fishing experience, no significant influence of two stocking attributes (stocking frequency and composition of the catch in terms of wild v. hatchery fishes) on the utility gained from fishing was found for any of the freshwater species that were studied. It was concluded that the previously documented large appreciation of fish stocking by anglers may be indicative of an underlying preference for sufficiently high catches rather than reflect an intrinsic preference for stocking or the catching of wild fishes per se. © 2014 The Fisheries Society of the British Isles.

Hot money and China's stock market volatility: Further evidence using the GARCH-MIDAS model

NASA Astrophysics Data System (ADS)

Wei, Yu; Yu, Qianwen; Liu, Jing; Cao, Yang

2018-02-01

This paper investigates the influence of hot money on the return and volatility of the Chinese stock market using a nonlinear Granger causality test and a new GARCH-class model based on mixed data sampling regression (GARCH-MIDAS). The empirical results suggest that no linear or nonlinear causality exists between the growth rate of hot money and the Chinese stock market return, implying that the Chinese stock market is not driven by hot money and vice versa. However, hot money has a significant positive impact on the long-term volatility of the Chinese stock market. Furthermore, the dependence between the long-term volatility caused by hot money and the total volatility of the Chinese stock market is time-variant, indicating that huge volatilities in the stock market are not always triggered by international speculation capital flow and that Chinese authorities should further focus on more systemic reforms in the trading rules and on effectively regulating the stock market.

78 FR 51251 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate...

Federal Register 2010, 2011, 2012, 2013, 2014

2013-08-20

... described below apply to transactions in stocks with a per share stock price of $1.00 or more. The Exchange... from the Exchange) that are not otherwise specified in the Price List are charged $0.0024 per share per... otherwise specified on the Price List (i.e., the proposed $.0022 and $0.0020 per share rates) because d...

Non-equilibrium price theories

NASA Astrophysics Data System (ADS)

Helbing, Dirk; Kern, Daniel

2000-11-01

We propose two theories for the formation of stock prices under the condition that the number of available stocks is fixed. Both theories consider the balance equations for cash and several kinds of stocks. They also take into account interest rates, dividends, and transaction costs. The proposed theories have the advantage that they do not require iterative procedures to determine the price, which would be inefficient for simulations with many agents.

What stock market returns to expect for the future?

PubMed

Diamond, P A

2000-01-01

In evaluating proposals for reforming Social Security that involve stock investments, the Office of the Chief Actuary (OCACT) has generally used a 7.0 percent real return for stocks. The 1994-96 Advisory Council specified that OCACT should use that return in making its 75-year projections of investment-based reform proposals. The assumed ultimate real return on Treasury bonds of 3.0 percent implies a long-run equity premium of 4.0 percent. There are two equity-premium concepts: the realized equity premium, which is measured by the actual rates of return; and the required equity premium, which investors expect to receive for being willing to hold available stocks and bonds. Over the past two centuries, the realized premium was 3.5 percent on average, but 5.2 percent for 1926 to 1998. Some critics argue that the 7.0 percent projected stock returns are too high. They base their arguments on recent developments in the capital market, the current high value of the stock market, and the expectation of slower economic growth. Increased use of mutual funds and the decline in their costs suggest a lower required premium, as does the rising fraction of the American public investing in stocks. The size of the decrease is limited, however, because the largest cost savings do not apply to the very wealthy and to large institutional investors, who hold a much larger share of the stock market's total value than do new investors. These trends suggest a lower equity premium for projections than the 5.2 percent of the past 75 years. Also, a declining required premium is likely to imply a temporary increase in the realized premium because a rising willingness to hold stocks tends to increase their price. Therefore, it would be a mistake during a transition period to extrapolate what may be a temporarily high realized return. In the standard (Solow) economic growth model, an assumption of slower long-run growth lowers the marginal product of capital if the savings rate is constant. But lower savings as growth slows should partially or fully offset that effect. The present high stock prices, together with projected slow economic growth, are not consistent with a 7.0 percent return. With a plausible level of adjusted dividends (dividends plus net share repurchases), the ratio of stock value to gross domestic product (GDP) would rise more than 20-fold over 75 years. Similarly, the steady-state Gordon formula--that stock returns equal the adjusted dividend yield plus the growth rate of stock prices (equal to that of GDP)--suggests a return of roughly 4.0 percent to 4.5 percent. Moreover, when relative stock values have been high, returns over the following decade have tended to be low. To eliminate the inconsistency posed by the assumed 7.0 percent return, one could assume higher GDP growth, a lower long-run stock return, or a lower short-run stock return with a 7.0 percent return on a lower base thereafter. For example, with an adjusted dividend yield of 2.5 percent to 3.0 percent, the market would have to decline about 35 percent to 45 percent in real terms over the next decade to reach steady state. In short, either the stock market is overvalued and requires a correction to justify a 7.0 percent return thereafter, or it is correctly valued and the long-run return is substantially lower than 7.0 percent (or some combination). This article argues that the "overvalued" view is more convincing, since the "correctly valued" hypothesis implies an implausibly small equity premium. Although OCACT could adopt a lower rate for the entire 75-year period, a better approach would be to assume lower returns over the next decade and a 7.0 percent return thereafter.

Rangeland Condition Monitoring: A New Approach Using Cross-Fence Comparisons of Remotely Sensed Vegetation

PubMed Central

Kilpatrick, Adam D.; Lewis, Megan M.; Ostendorf, Bertram

2015-01-01

A need exists in arid rangelands for effective monitoring of the impacts of grazing management on vegetation cover. Monitoring methods which utilize remotely-sensed imagery may have comprehensive spatial and temporal sampling, but do not necessarily control for spatial variation of natural variables, such as landsystem, vegetation type, soil type and rainfall. We use the inverse of the red band from Landsat TM satellite imagery to determine levels of vegetation cover in a 22,672km2 area of arid rangeland in central South Australia. We interpret this wealth of data using a cross-fence comparison methodology, allowing us to rank paddocks (fields) in the study region according to effectiveness of grazing management. The cross-fence comparison methodology generates and solves simultaneous equations of the relationship between each paddock and all other paddocks, derived from pairs of cross-fence sample points. We compare this ranking from two image dates separated by six years, during which management changes are known to have taken place. Changes in paddock rank resulting from the cross-fence comparison method show strong correspondence to those predicted by grazing management in this region, with a significant difference between the two common management types; a change from full stocking rate to light 20% stocking regime (Major Stocking Reduction) and maintenance of full 100% stocking regime (Full Stocking Maintained) (P = 0.00000132). While no paddocks had a known increase in stocking rate during the study period, many had a reduction or complete removal in stock numbers, and many also experienced removals of pest species, such as rabbits, and other ecosystem restoration activities. These paddocks generally showed an improvement in rank compared to paddocks where the stocking regime remained relatively unchanged. For the first time, this method allows us to rank non-adjacent paddocks in a rangeland region relative to each other, while controlling for natural spatio-temporal variables such as rainfall, soil type, and vegetation community distributions, due to the nature of the cross-fence experimental design, and the spatially comprehensive data available in satellite imagery. This method provides a potential tool to aid land managers in decision making processes, particularly with regard to stocking rates. PMID:26565801

Byproduct Metal Availability Constrained by Dynamics of Carrier Metal Cycle: The Gallium-Aluminum Example.

PubMed

Løvik, Amund N; Restrepo, Eliette; Müller, Daniel B

2016-08-16

Future availability of byproduct metals is not limited by geological stocks, but by the rate of primary production of their carrier metals, which in turn depends on the development of their in-use stocks, the product lifetimes, and the recycling rates. This linkage, while recognized conceptually in past studies, has not been adequately taken into account in resource availability estimates. Here, we determine the global supply potential for gallium up to 2050 based on scenarios for the global aluminum cycle, and compare it with scenarios for gallium demand derived from a dynamic model of the gallium cycle. We found that the gallium supply potential is heavily influenced by the development of the in-use stocks and recycling rates of aluminum. With current applications, a shortage of gallium is unlikely by 2050. However, the gallium industry may need to introduce ambitious recycling- and material efficiency strategies to meet its demand. If in-use stocks of aluminum saturate or decline, a shift to other gallium sources such as zinc or coal fly ash may be required.

Global socioeconomic material stocks rise 23-fold over the 20th century and require half of annual resource use

PubMed Central

Wiedenhofer, Dominik; Lauk, Christian; Haas, Willi; Tanikawa, Hiroki; Miatto, Alessio; Haberl, Helmut

2017-01-01

Human-made material stocks accumulating in buildings, infrastructure, and machinery play a crucial but underappreciated role in shaping the use of material and energy resources. Building, maintaining, and in particular operating in-use stocks of materials require raw materials and energy. Material stocks create long-term path-dependencies because of their longevity. Fostering a transition toward environmentally sustainable patterns of resource use requires a more complete understanding of stock-flow relations. Here we show that about half of all materials extracted globally by humans each year are used to build up or renew in-use stocks of materials. Based on a dynamic stock-flow model, we analyze stocks, inflows, and outflows of all materials and their relation to economic growth, energy use, and CO2 emissions from 1900 to 2010. Over this period, global material stocks increased 23-fold, reaching 792 Pg (±5%) in 2010. Despite efforts to improve recycling rates, continuous stock growth precludes closing material loops; recycling still only contributes 12% of inflows to stocks. Stocks are likely to continue to grow, driven by large infrastructure and building requirements in emerging economies. A convergence of material stocks at the level of industrial countries would lead to a fourfold increase in global stocks, and CO2 emissions exceeding climate change goals. Reducing expected future increases of material and energy demand and greenhouse gas emissions will require decoupling of services from the stocks and flows of materials through, for example, more intensive utilization of existing stocks, longer service lifetimes, and more efficient design. PMID:28167761

SMS for Life: a pilot project to improve anti-malarial drug supply management in rural Tanzania using standard technology

PubMed Central

2010-01-01

Background Maintaining adequate supplies of anti-malarial medicines at the health facility level in rural sub-Saharan Africa is a major barrier to effective management of the disease. Lack of visibility of anti-malarial stock levels at the health facility level is an important contributor to this problem. Methods A 21-week pilot study, 'SMS for Life', was undertaken during 2009-2010 in three districts of rural Tanzania, involving 129 health facilities. Undertaken through a collaborative partnership of public and private institutions, SMS for Life used mobile telephones, SMS messages and electronic mapping technology to facilitate provision of comprehensive and accurate stock counts from all health facilities to each district management team on a weekly basis. The system covered stocks of the four different dosage packs of artemether-lumefantrine (AL) and quinine injectable. Results Stock count data was provided in 95% of cases, on average. A high response rate (≥ 93%) was maintained throughout the pilot. The error rate for composition of SMS responses averaged 7.5% throughout the study; almost all errors were corrected and messages re-sent. Data accuracy, based on surveillance visits to health facilities, was 94%. District stock reports were accessed on average once a day. The proportion of health facilities with no stock of one or more anti-malarial medicine (i.e. any of the four dosages of AL or quinine injectable) fell from 78% at week 1 to 26% at week 21. In Lindi Rural district, stock-outs were eliminated by week 8 with virtually no stock-outs thereafter. During the study, AL stocks increased by 64% and quinine stock increased 36% across the three districts. Conclusions The SMS for Life pilot provided visibility of anti-malarial stock levels to support more efficient stock management using simple and widely available SMS technology, via a public-private partnership model that worked highly effectively. The SMS for Life system has the potential to alleviate restricted availability of anti-malarial drugs or other medicines in rural or under-resourced areas. PMID:20979633

SMS for Life: a pilot project to improve anti-malarial drug supply management in rural Tanzania using standard technology.

PubMed

Barrington, Jim; Wereko-Brobby, Olympia; Ward, Peter; Mwafongo, Winfred; Kungulwe, Seif

2010-10-27

Maintaining adequate supplies of anti-malarial medicines at the health facility level in rural sub-Saharan Africa is a major barrier to effective management of the disease. Lack of visibility of anti-malarial stock levels at the health facility level is an important contributor to this problem. A 21-week pilot study, 'SMS for Life', was undertaken during 2009-2010 in three districts of rural Tanzania, involving 129 health facilities. Undertaken through a collaborative partnership of public and private institutions, SMS for Life used mobile telephones, SMS messages and electronic mapping technology to facilitate provision of comprehensive and accurate stock counts from all health facilities to each district management team on a weekly basis. The system covered stocks of the four different dosage packs of artemether-lumefantrine (AL) and quinine injectable. Stock count data was provided in 95% of cases, on average. A high response rate (≥ 93%) was maintained throughout the pilot. The error rate for composition of SMS responses averaged 7.5% throughout the study; almost all errors were corrected and messages re-sent. Data accuracy, based on surveillance visits to health facilities, was 94%. District stock reports were accessed on average once a day. The proportion of health facilities with no stock of one or more anti-malarial medicine (i.e. any of the four dosages of AL or quinine injectable) fell from 78% at week 1 to 26% at week 21. In Lindi Rural district, stock-outs were eliminated by week 8 with virtually no stock-outs thereafter. During the study, AL stocks increased by 64% and quinine stock increased 36% across the three districts. The SMS for Life pilot provided visibility of anti-malarial stock levels to support more efficient stock management using simple and widely available SMS technology, via a public-private partnership model that worked highly effectively. The SMS for Life system has the potential to alleviate restricted availability of anti-malarial drugs or other medicines in rural or under-resourced areas.

Identifying the Bottom Line after a Stock Market Crash

NASA Astrophysics Data System (ADS)

Roehner, B. M.

In this empirical paper we show that in the months following a crash there is a distinct connection between the fall of stock prices and the increase in the range of interest rates for a sample of bonds. This variable, which is often referred to as the interest rate spread variable, can be considered as a statistical measure for the disparity in lenders' opinions about the future; in other words, it provides an operational definition of the uncertainty faced by economic agents. The observation that there is a strong negative correlation between stock prices and the spread variable relies on the examination of eight major crashes in the United States between 1857 and 1987. That relationship which has remained valid for one and a half century in spite of important changes in the organization of financial markets can be of interest in the perspective of Monte Carlo simulations of stock markets.

Eco-label conveys reliable information on fish stock health to seafood consumers.

PubMed

Gutiérrez, Nicolás L; Valencia, Sarah R; Branch, Trevor A; Agnew, David J; Baum, Julia K; Bianchi, Patricia L; Cornejo-Donoso, Jorge; Costello, Christopher; Defeo, Omar; Essington, Timothy E; Hilborn, Ray; Hoggarth, Daniel D; Larsen, Ashley E; Ninnes, Chris; Sainsbury, Keith; Selden, Rebecca L; Sistla, Seeta; Smith, Anthony D M; Stern-Pirlot, Amanda; Teck, Sarah J; Thorson, James T; Williams, Nicholas E

2012-01-01

Concerns over fishing impacts on marine populations and ecosystems have intensified the need to improve ocean management. One increasingly popular market-based instrument for ecological stewardship is the use of certification and eco-labeling programs to highlight sustainable fisheries with low environmental impacts. The Marine Stewardship Council (MSC) is the most prominent of these programs. Despite widespread discussions about the rigor of the MSC standards, no comprehensive analysis of the performance of MSC-certified fish stocks has yet been conducted. We compared status and abundance trends of 45 certified stocks with those of 179 uncertified stocks, finding that 74% of certified fisheries were above biomass levels that would produce maximum sustainable yield, compared with only 44% of uncertified fisheries. On average, the biomass of certified stocks increased by 46% over the past 10 years, whereas uncertified fisheries increased by just 9%. As part of the MSC process, fisheries initially go through a confidential pre-assessment process. When certified fisheries are compared with those that decline to pursue full certification after pre-assessment, certified stocks had much lower mean exploitation rates (67% of the rate producing maximum sustainable yield vs. 92% for those declining to pursue certification), allowing for more sustainable harvesting and in many cases biomass rebuilding. From a consumer's point of view this means that MSC-certified seafood is 3-5 times less likely to be subject to harmful fishing than uncertified seafood. Thus, MSC-certification accurately identifies healthy fish stocks and conveys reliable information on stock status to seafood consumers.

Eco-Label Conveys Reliable Information on Fish Stock Health to Seafood Consumers

PubMed Central

Gutiérrez, Nicolás L.; Valencia, Sarah R.; Branch, Trevor A.; Agnew, David J.; Baum, Julia K.; Bianchi, Patricia L.; Cornejo-Donoso, Jorge; Costello, Christopher; Defeo, Omar; Essington, Timothy E.; Hilborn, Ray; Hoggarth, Daniel D.; Larsen, Ashley E.; Ninnes, Chris; Sainsbury, Keith; Selden, Rebecca L.; Sistla, Seeta; Smith, Anthony D. M.; Stern-Pirlot, Amanda; Teck, Sarah J.; Thorson, James T.; Williams, Nicholas E.

2012-01-01

Concerns over fishing impacts on marine populations and ecosystems have intensified the need to improve ocean management. One increasingly popular market-based instrument for ecological stewardship is the use of certification and eco-labeling programs to highlight sustainable fisheries with low environmental impacts. The Marine Stewardship Council (MSC) is the most prominent of these programs. Despite widespread discussions about the rigor of the MSC standards, no comprehensive analysis of the performance of MSC-certified fish stocks has yet been conducted. We compared status and abundance trends of 45 certified stocks with those of 179 uncertified stocks, finding that 74% of certified fisheries were above biomass levels that would produce maximum sustainable yield, compared with only 44% of uncertified fisheries. On average, the biomass of certified stocks increased by 46% over the past 10 years, whereas uncertified fisheries increased by just 9%. As part of the MSC process, fisheries initially go through a confidential pre-assessment process. When certified fisheries are compared with those that decline to pursue full certification after pre-assessment, certified stocks had much lower mean exploitation rates (67% of the rate producing maximum sustainable yield vs. 92% for those declining to pursue certification), allowing for more sustainable harvesting and in many cases biomass rebuilding. From a consumer’s point of view this means that MSC-certified seafood is 3–5 times less likely to be subject to harmful fishing than uncertified seafood. Thus, MSC-certification accurately identifies healthy fish stocks and conveys reliable information on stock status to seafood consumers. PMID:22928029

Eelgrass Blue Carbon-Quantification of Carbon Stocks and Sequestration Rates in Zostera Marina Beds in the Salish Sea

NASA Astrophysics Data System (ADS)

Lutz, M. D.; Rybczyk, J.; Poppe, K.; Johnson, C.; Kaminsky, M.; Lanphear, M.

2017-12-01

Seagrass meadows provide more than habitat, biodiversity support, wave abatement, and water quality improvement; they help mitigate climate change by taking up and storing (sequestering) carbon (C), reportedly at rates only surpassed worldwide by salt marsh and mangrove ecosystems. Now that their climate mitigation capacity has earned seagrass ecosystems a place in the Verified Carbon Standard voluntary greenhouse gas program, accurate ecosystem carbon accounting is essential. Though seagrasses vary in carbon storage and accumulation greatly across species and geography, the bulk of data included in calculating global averages involves tropical and subtropical seagrasses. We know little regarding carbon stocks nor sequestration rates for eelgrass (Zostera marina) meadows in the Pacific Northwest. The intent of our study was to quantify carbon stocks and sequestration rates in the central Salish Sea of Washington State. We gathered sediment cores over three bays, as close to 1 m in depth as possible, both on foot and while scuba diving. We measured bulk density, carbon concentration, carbon stock, grain size, and carbon accumulation rate with depth. Results from our study show lower estimated Corg concentration (mean = 0.39% C, SE=0.01, range=0.11-1.75, SE=0.01), Corg stock (mean=24.46 Mg ha-1, SE=0.00, range=16.31-49.99.70), and C sequestration rates (mean=33.96 g m-2yr-1, range=11.4-49.5) than those reported in published studies from most other locations. Zostera marina is highly productive, yet does not seem to have the capacity to store C in its sediments like seagrasses in warmer climes. These data have implications in carbon market trading, when determining appropriate seagrass restoration site dimensions to offset emissions from transportation, industry, and seagrass habitat disturbance. Awareness of lower rates could prevent underestimating the area appropriate for mitigation or restoration.

Low-molecular-weight heparin and mortality in acutely ill medical patients.

PubMed

Kakkar, Ajay K; Cimminiello, Claudio; Goldhaber, Samuel Z; Parakh, Rajiv; Wang, Chen; Bergmann, Jean-François

2011-12-29

Although thromboprophylaxis reduces the incidence of venous thromboembolism in acutely ill medical patients, an associated reduction in the rate of death from any cause has not been shown. We conducted a double-blind, placebo-controlled, randomized trial to assess the effect of subcutaneous enoxaparin (40 mg daily) as compared with placebo--both administered for 10±4 days in patients who were wearing elastic stockings with graduated compression--on the rate of death from any cause among hospitalized, acutely ill medical patients at participating sites in China, India, Korea, Malaysia, Mexico, the Philippines, and Tunisia. Inclusion criteria were an age of at least 40 years and hospitalization for acute decompensated heart failure, severe systemic infection with at least one risk factor for venous thromboembolism, or active cancer. The primary efficacy outcome was the rate of death from any cause at 30 days after randomization. The primary safety outcome was the rate of major bleeding during and up to 48 hours after the treatment period. A total of 8307 patients were randomly assigned to receive enoxaparin plus elastic stockings with graduated compression (4171 patients) or placebo plus elastic stockings with graduated compression (4136 patients) and were included in the intention-to-treat population. The rate of death from any cause at day 30 was 4.9% in the enoxaparin group as compared with 4.8% in the placebo group (risk ratio, 1.0; 95% confidence interval [CI], 0.8 to 1.2; P=0.83). The rate of major bleeding was 0.4% in the enoxaparin group and 0.3% in the placebo group (risk ratio, 1.4; 95% CI, 0.7 to 3.1; P=0.35). The use of enoxaparin plus elastic stockings with graduated compression, as compared with elastic stockings with graduated compression alone, was not associated with a reduction in the rate of death from any cause among hospitalized, acutely ill medical patients. (Funded by Sanofi; LIFENOX ClinicalTrials.gov number, NCT00622648.).

Cross-sectional test of the Fama-French three-factor model: Evidence from Bangladesh stock market

NASA Astrophysics Data System (ADS)

Hasan, Md. Zobaer; Kamil, Anton Abdulbasah

2014-09-01

Stock market is an important part of a country's economy. It supports the country's economic development and progress by encouraging the efficiency and profitability of firms. This research was designed to examine the risk-return association of companies in the Dhaka Stock Exchange (DSE) market of Bangladesh by using the Fama-French three-factor model structure. The model is based on three factors, which are stock beta, SMB (difference in returns of the portfolio with small market capitalisation minus that with big market capitalisation) and HML (difference in returns of the portfolio with high book-to-market ratio minus that with low book-to-market ratio). This study focused on the DSE market as it is one of the frontier emerging stock markets of South Asia. For this study, monthly stock returns from 71 non-financial companies were used for the period of January 2002 to December 2011. DSI Index was used as a proxy for the market portfolio and Bangladesh government 3-Month T-bill rate was used as the proxy for the risk-free asset. It was found that large capital stocks outperform small capital stocks and stocks with lower book-to-market ratios outperform stocks with higher book-to-market ratios in the context of Bangladesh stock market.

Your money should be working harder: the power of compound interest.

PubMed

Blau, J M

2001-01-01

In light of the recent stock market volatility, many physicians may feel compelled to re-evaluate the progress they've made toward their goal of financial independence. Those who have planned proactively understand the importance of accumulating assets in order to have a specific amount available at the time of retirement capable of generating sufficient income over their lifetime. Regardless of whether that magic number is $1.5 million, $4 million or somewhere in between, it is critical to understand the methods of wealth accumulation that will allow you to achieve your specific goal in the quickest and most efficient manner. While we have no control over the performance of the various equity (stock) and fixed income (bond) markets, we do have control as to the methods used to accumulate funds for any given objective. These methods, when properly applied, will enable physicians to reach their goals with the minimum investment.

A national scale estimation of soil carbon stocks of Pinus densiflora forests in Korea: a modelling approach

NASA Astrophysics Data System (ADS)

Yi, K.; Park, C.; Ryu, S.; Lee, K.; Yi, M.; Kim, C.; Park, G.; Kim, R.; Son, Y.

2011-12-01

Soil carbon (C) stocks of Pinus densiflora forests in Korea were estimated using a generic forest soil C dynamics model based on the process of dead organic matter input and decomposition. Annual input of dead organic matter to the soil was determined by stand biomass and turnover rates of tree components (stem, branch, twig, foliage, coarse root, and fine root). The model was designed to have a simplified structure consisting of three dead organic matter C (DOC) pools (aboveground woody debris (AWD), belowground woody debris (BWD), and litter (LTR) pool) and one soil organic C (SOC) pool. C flows in the model were regulated by six turnover rates of stem, branch, twig, foliage, coarse root, and fine root, and four decay rates of AWD, BWD, LTR, and SOC. To simulate the soil C stocks of P. densiflora forests, statistical data of forest land area (1,339,791 ha) and growing stock (191,896,089 m3) sorted by region (nine provinces and seven metropolitan cities) and stand age class (11 to 20- (II), 21 to 30- (III), 31 to 40- (IV), 41 to 50- (V), and 51 to 60-year-old (VI)) were used. The growing stock of each stand age class was calculated for every region and representable site index was also determined by consulting the yield table. Other model parameters related to the stand biomass, annual input of dead organic matter and decomposition were estimated from previous studies conducted on P. densiflora forests in Korea, which were also applied for model validation. As a result of simulation, total soil C stock of P. densiflora forests were estimated as 53.9 MtC and soil C stocks per unit area ranged from 28.71 to 47.81 tC ha-1 within the soil depth of 30 cm. Also, soil C stocks in the P. densiflora forests of age class II, III, IV, V, and VI were 16,780,818, 21,450,812, 12,677,872, 2,366,939, and 578,623 tC, respectively, and highly related to the distribution of age classes. Soil C stocks per unit area initially decreased with stand age class and started to increase after the stand age class of V. Regional soil C stocks ranged from 9,805 to 15,595,802 tC, and were generally proportional to the forest land area. Our results suggest an approach to estimate soil C stock on a national scale by using a computer model and manipulating the existing statistical data.

Stochastic modeling of stock price process induced from the conjugate heat equation

NASA Astrophysics Data System (ADS)

Paeng, Seong-Hun

2015-02-01

Currency can be considered as a ruler for values of commodities. Then the price is the measured value by the ruler. We can suppose that inflation and variation of exchange rate are caused by variation of the scale of the ruler. In geometry, variation of the scale means that the metric is time-dependent. The conjugate heat equation is the modified heat equation which satisfies the heat conservation law for the time-dependent metric space. We propose a new model of stock prices by using the stochastic process whose transition probability is determined by the kernel of the conjugate heat equation. Our model of stock prices shows how the volatility term is affected by inflation and exchange rate. This model modifies the Black-Scholes equation in light of inflation and exchange rate.

Quantum Finance

NASA Astrophysics Data System (ADS)

Baaquie, Belal E.

2007-09-01

Foreword; Preface; Acknowledgements; 1. Synopsis; Part I. Fundamental Concepts of Finance: 2. Introduction to finance; 3. Derivative securities; Part II. Systems with Finite Number of Degrees of Freedom: 4. Hamiltonians and stock options; 5. Path integrals and stock options; 6. Stochastic interest rates' Hamiltonians and path integrals; Part III. Quantum Field Theory of Interest Rates Models: 7. Quantum field theory of forward interest rates; 8. Empirical forward interest rates and field theory models; 9. Field theory of Treasury Bonds' derivatives and hedging; 10. Field theory Hamiltonian of forward interest rates; 11. Conclusions; Appendix A: mathematical background; Brief glossary of financial terms; Brief glossary of physics terms; List of main symbols; References; Index.

Present status and approaches for the sustainable development of community based fish culture in seasonal floodplains of Bangladesh.

PubMed

Rahman, M F; Jalal, K C A; Jahan, Nasrin; Kamaruzzaman, B Y; Ara, R; Arshad, A

2012-06-15

Coordination among the different stakeholders at policy planning, implementation and target beneficiary level, particularly among the agencies responsible for development and management of water resources, agriculture and fisheries, is essential for overall sustainable development. Stocking of larger fingerlings at suitable stocking densities of endemic (rohu, catla, mrigal) and exotic (silver carp, bighead carp, common carp/mirror carp) species should be stocked at varying proportion. Floodplain fish production depends only on the natural fertility of the water bodies. Technological interventions should include the installation of low cost bamboo fencing at water inlet and outlet points and setting of ring culverts for maintaining suitable levels of water for fish culture without hampering the production of rice and other crops in the intervention areas, selective stocking with native and exotic carps, restricted fishing for certain period of time and guarding. It is expected to exert positive influences in enhancing the standing crop and biodiversity of non-stocked species of fishes in the intervention seasonal floodplain. Entry of fish larvae, hatchlings and young fry of wild non-stocked fishes into the seasonal floodplains because of large fence spacing (approximately 1.0 cm), could restrict fishing for certain period, undisturbed habitat and guarding could contribute to higher productivity and enhancement of fish biodiversity in the seasonal floodplains. Proper motivation and effective cooperation of the beneficiaries are extremely important to culture fish in the seasonal floodplains under community based management system. Institutional support and constant vigilance from the Department of Fisheries (DoF) and local administrations are indispensable to ensure the sustainability of fish culture initiatives in the seasonal floodplains. Active participation and involvement of the local community people in all stages of fish culture operation beginning from selection of floodplains, formation of floodplain management committee, planning of fish culture activities, exercise of technical intervention, selective stocking with large fingerlings, guarding, monitoring and supervision, adopting harvesting strategies, marketing and distribution of benefits are extremely essential to ensure sustainability of the program. Mutual trust, sense of respect and good working relationship among the committee members are the basic social elements required for the success of community based fish culture initiatives.

Annual Coded Wire Tag Program; Oregon Stock Assessment, 2000 Annual Report.

DOE Office of Scientific and Technical Information (OSTI.GOV)

Lewis, Mark; Mallette, Christine; Murray, William

2002-03-01

This annual report is in fulfillment of contract obligations with Bonneville Power Administration which is the funding source for the Oregon Department of Fish and Wildlife's Annual Stock Assessment - Coded Wire Tag Program (ODFW) Project. Tule stock fall chinook were caught primarily in British Columbia and Washington ocean, and Columbia Basin fisheries. Up-river bright stock fall chinook contributed primarily to Alaska and British Columbia ocean commercial, Columbia Basin gillnet and freshwater sport fisheries. Contribution of Rogue stock fall chinook released in the lower Columbia River occurred primarily in Oregon ocean commercial, Columbia Basin gillnet and freshwater sport fisheries. Willamettemore » stock spring chinook contributed primarily to Alaska and British Columbia ocean, and Columbia Basin sport fisheries. Willamette stock spring chinook released by CEDC contributed to similar ocean fisheries, but had much higher catch in Columbia Basin gillnet fisheries than the same stocks released in the Willamette Basin. Up-river stocks of spring chinook contributed almost exclusively to Columbia Basin fisheries. The up-river stocks of Columbia River summer steelhead contributed almost exclusively to the Columbia Basin gillnet and freshwater sport fisheries. Coho ocean fisheries from Washington to California were closed or very limited from 1994 through 1999 (1991 through 1996 broods). This has resulted in a lower percent of catch in Washington, Oregon and California ocean fisheries, and a higher percent of catch in Alaska and British Columbia ocean and Columbia Basin freshwater fisheries. Coho stocks released by ODFW below Bonneville Dam were caught mainly in Oregon, Washington, and British Columbia ocean, Columbia Gillnet and freshwater sport fisheries. Coho stocks released in the Klaskanine River and Youngs Bay area had similar ocean catch distributions, but a much higher percent catch in gillnet fisheries than the other coho releases. Ocean catch distribution of coho stocks released above Bonneville Dam was similar to the other coho groups. However, they had a higher percent catch in gillnet fisheries above Bonneville Dam than coho released below the dam. Survival rates of salmon and steelhead are influenced, not only by factors in the hatchery (disease, density, diet, size and time of release) but also by environmental factors in the river and ocean. These environmental factors are influenced by large scale oceanic and weather patterns such as El Nino. Changes in rearing conditions in the hatchery do impact survival, however, these can be offset by impacts caused by environmental factors. Coho salmon released in the Columbia River generally experience better survival rates when released later in the spring. However, for the 1990 brood year June releases of Columbia River coho had much lower survival than May releases, for all ODFW hatcheries. In general survival of ODFW Columbia River hatchery coho has declined to low levels in recent years. Preliminary results from the evaluation of Visual Implant Elastomer (VIE) tags showed tagging rate and pre-release tag retention improved from the first to second years of tagging. Tagging rate remained identical from 1999 to 2000 while pre-release tag retention dropped to 95%. Returning jack and adult salmon were sampled for CWT and VIE tags in the fall of 2000. Of 606 adults recovered at Sandy Fish Hatchery in 2000, only 1 or 0.2%, retained their VIE tag. Of 36 jacks recovered in 2000, 13 or 36.1% retained their VIE tag.« less

Low-intensity, stocker-based channel catfish culture

USDA-ARS?s Scientific Manuscript database

Low-intensity Channel Catfish production is characterized by low stocking rates, low installed aeration capacity, and no automated dissolved oxygen monitoring. Two studies conducted in nine 0.25-acre ponds quantified production characteristics of stocker Channel Catfish stocked for low-intensity foo...

A Novel Model for Stock Price Prediction Using Hybrid Neural Network

NASA Astrophysics Data System (ADS)

Senapati, Manas Ranjan; Das, Sumanjit; Mishra, Sarojananda

2018-06-01

The foremost challenge for investors is to select stock price by analyzing financial data which is a menial task as of distort associated and massive pattern. Thereby, selecting stock poses one of the greatest difficulties for investors. Nowadays, prediction of financial market like stock market, exchange rate and share value are very challenging field of research. The prediction and scrutinization of stock price is also a potential area of research due to its vital significance in decision making by financial investors. This paper presents an intelligent and an optimal model for prophecy of stock market price using hybridization of Adaline Neural Network (ANN) and modified Particle Swarm Optimization (PSO). The connoted model hybrid of Adaline and PSO uses fluctuations of stock market as a factor and employs PSO to optimize and update weights of Adaline representation to depict open price of Bombay stock exchange. The prediction performance of the proposed model is compared with different representations like interval measurements, CMS-PSO and Bayesian-ANN. The result indicates that proposed scheme has an edge over all the juxtaposed schemes in terms of mean absolute percentage error.

Pasture management effects on diet composition and cattle performance on continuously stocked rhizoma peanut-mixed grass swards.

PubMed

Valencia, E; Williams, M J; Chase, C C; Sollenberger, L E; Hammond, A C; Kalmbacher, R S; Kunkle, W E

2001-09-01

In Florida, rhizoma peanut (RP; Arachis glabrata Benth.), a tropical legume, combines the attributes of excellent nutritive value, competitive ability with tropical grasses, and high animal performance. The objective of this study was to determine the effects of spring N fertilization (0 vs 35 kg/ha) and summer stocking rate (1.5 and 2.5 bulls/ha) on herbage mass, nutritive value, herbage allowance, and diet botanical composition of grazed RP-grass swards and their interaction with growth and development of bulls (Senepol, and Brahman or Angus). The study was conducted in 1995 and 1996 at the USDA, ARS, Subtropical Agriculture Research Station in Brooksville, FL. Nitrogen was applied in April of each year, and all pastures were stocked with 1.5 bulls/ha until approximately July of each year, when stocking rate was increased on half the pastures to 2.5 bulls/ha. Herbage mass (HM, kg/ha), herbage allowance (HA, kg/kg BW), nutritive value (CP and in vitro organic matter digestibility [IVOMD]), and diet botanical composition (fecal microhistological) readings were determined. Animal measurements included total and seasonal (spring vs summer), ADG, hip height (cm), scrotal circumference (SC, cm), and plasma urea nitrogen (PUN, mg/dL). Herbage mass (3.0 +/- 0.12 Mg/ha and 3.4 +/- 0.13 Mg/ha in 1995 and 1996, respectively) was not affected by nitrogen fertilization or stocking rate but was affected by season (P < 0.05) due to increased plant growth rate associated with summer rainfall. Stocking rate did affect herbage availability, but it never fell below 3 kg/kg BW, indicating herbage availability was never limiting. Crude protein (200 to 140 g/kg) and IVOMD (650 to 540 g/kg) were not affected by treatment, but declined (P < 0.001) from spring until fall. Treatments also had no effect on diet botanical composition. Summer ADG averaged about 0.2 kg/d lower than spring ADG, due, in part, to seasonal declines in nutritive value. Because herbage allowance was never limiting, full-season ADG was not affected by stocking rate or N fertilization and averaged 0.61 +/- 0.03 and 0.60 +/- 0.02 kg/d in 1995 and 1996, respectively. There were season x breed interactions (P < 0.05) for ADG due to greater declines during the summer for Angus than for Senepol or Brahman. There were no differences in final BW, SC, BCS, hip height, or PUN due to treatments, but breed differences were noted (P < 0.05) for all measures except BCS.

Sampling protocol recommendations for measuring soil organic carbon stocks in the tropics

NASA Astrophysics Data System (ADS)

van Straaten, Oliver; Veldkamp, Edzo; Corre, Marife D.

2013-04-01

In the tropics, there is an urgent need for cost effective sampling approaches to quantify soil organic carbon (SOC) changes associated with land-use change given the lack of reliable data. The tropics are especially important considering the high deforestation rates, the huge belowground carbon pool and the fast soil carbon turnover rates. In the framework of a pan-tropic (Peru, Cameroon and Indonesia) land-use change study, some highly relevant recommendations on the SOC stocks sampling approaches have emerged. In this study, where we focused on deeply weathered mineral soils, we quantified changes in SOC stock following land-use change (deforestation and subsequent establishment of other land-uses). We used a space-for-time substitution sampling approach, measured SOC stocks in the top three meters of soil and compared recently converted land-uses with adjacent reference forest plots. In each respective region we investigated the most predominant land-use trajectories. In total 157 plots were established across the three countries, where soil samples were taken to a depth of three meters from a central soil pit and from the topsoil (to 0.5m) from 12 pooled composite samples. Finding 1 - soil depth: despite the fact that the majority of SOC stock from the three meter profile is found below one meter depth (50 to 60 percent of total SOC stock), the significant changes in SOC were only measured in the top meter of soil, while the subsoil carbon stock remained relatively unchanged by the land-use conversion. The only exception was for older (>50 yrs) cacao plantations in Cameroon where significant decreases were found below one meter. Finding 2 - pooled composite samples taken across the plot provided more spatially representative estimates of SOC stocks than samples taken from the central soil pit.

Estimating the effect of coppice practice on carbon dynamics of oak forests in Turkey

NASA Astrophysics Data System (ADS)

Lee, J.; Han, S. H.; Makineci, E.; Tolunay, D.; Son, Y.

2016-12-01

Coppice is a forest management practice, maximizing wood production by short-interval harvest. Coppice practice of oak forests in Turkey was abandoned in 2006, however, quantitative assessment to carbon (C) dynamics after the abandonment is still lacking. Accordingly, we simulated the annual changes in C stocks of oak forests in Turkey (7 regions) under the two management scenarios, using a forest C model (FBDC model): 200-year-interval harvest (A scenario) and abandonment of 20-year-interval coppice (B scenario). Growth of biomass was estimated by diameter at breast height (DBH) and allometric functions from previous studies. Survival of root and regeneration from sprout were formulated by a combination of empirical data and assumptions. Dead organic matter C dynamics were estimated by turnover (mortality) rates of biomass and decay rates of dead organic matter. The model estimates were verified by comparing the estimates and measured C stocks. Under the A scenario, the total (biomass, litter, dead wood, and mineral soil) C stock (Mg C ha-1) varied with stand age, ranging from 153.65 to 284.64. The total C stock (Mg C ha-1) started increasing rapidly after abandonment of coppice practice from 134.23 at 1 year to 280.71 at 200 year. The total C stock under the B scenario converged to the level of total C stock under the A scenario. After the abandonment of coppice practice, the C stocks of biomass, litter, and dead wood almost recovered in 30 years, however, the mineral soil C stock required longer time for recovery. This study was supported by Korea Ministry of Environment (2014001310008) and Korea Forest Service (S111314L100110).

Seagrass meadows as a globally significant carbonate reservoir

NASA Astrophysics Data System (ADS)

Mazarrasa, I.; Marbà, N.; Lovelock, C. E.; Serrano, O.; Lavery, P. S.; Fourqurean, J. W.; Kennedy, H.; Mateo, M. A.; Krause-Jensen, D.; Steven, A. D. L.; Duarte, C. M.

2015-03-01

There has been a growing interest in quantifying the capacity of seagrass ecosystems to act as carbon sinks as a natural way of offsetting anthropogenic carbon emissions to the atmosphere. However, most of the efforts have focused on the organic carbon (POC) stocks and accumulation rates and ignored the inorganic carbon (PIC) fraction, despite important carbonate pools associated with calcifying organisms inhabiting the meadows, such as epiphytes and benthic invertebrates, and despite the relevance that carbonate precipitation and dissolution processes have in the global carbon cycle. This study offers the first assessment of the global PIC stocks in seagrass sediments using a synthesis of published and unpublished data on sediment carbonate concentration from 402 vegetated and 34 adjacent un-vegetated sites. PIC stocks in the top 1 m sediments ranged between 3 and 1660 Mg PIC ha-1, with an average of 654 ± 24 Mg PIC ha-1, exceeding about 5 fold those of POC reported in previous studies. Sedimentary carbonate stocks varied across seagrass communities, with meadows dominated by Halodule, Thalassia or Cymodocea supporting the highest PIC stocks, and tended to decrease polewards at a rate of -8 ± 2 Mg PIC ha-1 degree-1 of latitude (GLM, p < 0.0003). Using PIC concentration and estimates of sediment accretion in seagrass meadows, mean PIC accumulation rates in seagrass sediments is 126.3 ± 0.7 g PIC m-2 y-1. Based on the global extent of seagrass meadows (177 000 to 600 000 km2), these ecosystems globally store between 11 and 39 Pg of PIC in the top meter of sediment and accumulate between 22 and 76 Tg PIC y-1, representing a significant contribution to the carbonate dynamics of coastal areas. Despite that these high rates of carbonate accumulation imply CO2 emissions from precipitation, seagrass meadows are still strong CO2 sinks as demonstrates the comparison of carbon (POC and POC) stocks between vegetated and adjacent un-vegetated sediments.

Is Log Ratio a Good Value for Measuring Return in Stock Investments?

NASA Astrophysics Data System (ADS)

Ultsch, Alfred

Measuring the rate of return is an important issue for theory and practice of investments in the stock market. A common measure for rate of return is the logarithm of the ratio of successive prices (LogRatio). In this paper it is shown that LogRatio as well as arithmetic return rate (Ratio) have several disadvantages. As an alternative relative differences (RelDiff) are proposed to measure return. The stability against numerical and rounding errors of RelDiff is much better than for LogRatios and Ratio). RelDiff values are identical to LogRatios and Return for small absolutes. The usage of RelDiff maps returns to a finite range. For most subsequent analyses this is a big advantage. The usefulness of the approach is demonstrated on daily return rates of a large set of actual stocks. It is shown that returns can be modeled with a very simple mixture of distributions in great precision using Relative differences.

Climate legacies drive global soil carbon stocks in terrestrial ecosystems

PubMed Central

Delgado-Baquerizo, Manuel; Eldridge, David J.; Maestre, Fernando T.; Karunaratne, Senani B.; Trivedi, Pankaj; Reich, Peter B.; Singh, Brajesh K.

2017-01-01

Climatic conditions shift gradually over millennia, altering the rates at which carbon (C) is fixed from the atmosphere and stored in the soil. However, legacy impacts of past climates on current soil C stocks are poorly understood. We used data from more than 5000 terrestrial sites from three global and regional data sets to identify the relative importance of current and past (Last Glacial Maximum and mid-Holocene) climatic conditions in regulating soil C stocks in natural and agricultural areas. Paleoclimate always explained a greater amount of the variance in soil C stocks than current climate at regional and global scales. Our results indicate that climatic legacies help determine global soil C stocks in terrestrial ecosystems where agriculture is highly dependent on current climatic conditions. Our findings emphasize the importance of considering how climate legacies influence soil C content, allowing us to improve quantitative predictions of global C stocks under different climatic scenarios. PMID:28439540

Experimental stocking of sport fish in the regulated Tallapoosa River to determine critical periods for recruitment

USGS Publications Warehouse

Lloyd, M. Clint; Lai, Quan; Sammons, Steve; Irwin, Elise R.

2017-01-01

The stocking of fish in riverine systems to re-establish stocks for conservation and management appears limited to a few species and often occurs in reaches impacted by impoundments. Stocking of sport fish species such as centrarchids and ictalurids is often restricted to lentic environments, although stocking in lotic environments is feasible with variable success. R. L. Harris Dam on the Tallapoosa River, Alabama is the newest and uppermost dam facility on the river (operating since 1983); flows from the dam have been managed adaptively for multiple stakeholder objectives since 2005. One of the stakeholders’ primary objectives is to provide quality sport fisheries in the Tallapoosa River in the managed area below the dam. Historically, ictalurids and cyprinids dominated the river above Lake Martin. However, investigations after Harris Dam closed have detected a shift in community structure to domination by centrarchids. Flow management (termed the Green Plan) has been occurring since March 2005; however, sport fish populations as measured by recruitment of age-1 sport fishes below the dam has not responded adequately to flow management. The objectives of this research were to: (1) determine if stocking Channel Catfish Ictalurus punctatus and Redbreast Sunfish Lepomis auritus influences year-class strength; (2) estimate vital rates (i.e. growth, mortality, and recruitment) for Channel Catfish populations for use in an age-based population model; and (3) identify age-specific survivorship and fecundity rates contributing to Channel Catfish population stability. No marked Redbreast Sunfish were recaptured due to poor marking efficacy and therefore no further analysis was conducted with this species. Stocked Channel Catfish, similarly, were not recaptured, leaving reasons for non-recapture unknown. Matrix models exploring vital rates illustrated survival to age-1 for Channel Catfish to be less than 0.03% and that survival through ages 2 – 4 had equal contribution to overall population growth, indicating recruitment limitation may impact population size and stability. Results from this study indicate stock enhancement of sport fish populations below Harris Dam may not be an effective management technique at this time.

Empirical behavior of a world stock index from intra-day to monthly time scales

NASA Astrophysics Data System (ADS)

Breymann, W.; Lüthi, D. R.; Platen, E.

2009-10-01

Most of the papers that study the distributional and fractal properties of financial instruments focus on stock prices or foreign exchange rates. This typically leads to mixed results concerning the distributions of log-returns and some multi-fractal properties of exchange rates, stock prices, and regional indices. This paper uses a well diversified world stock index as the central object of analysis. Such index approximates the growth optimal portfolio, which is demonstrated under the benchmark approach, it is the ideal reference unit for studying basic securities. When denominating this world index in units of a given currency, one measures the movements of the currency against the entire market. This provides a least disturbed observation of the currency dynamics. In this manner, one can expect to disentangle, e.g., the superposition of the two currencies involved in an exchange rate. This benchmark approach to the empirical analysis of financial data allows us to establish remarkable stylized facts. Most important is the observation that the repeatedly documented multi-fractal appearance of financial time series is very weak and much less pronounced than the deviation of the mono-scaling properties from Brownian-motion type scaling. The generalized Hurst exponent H(2) assumes typical values between 0.55 and 0.6. Accordingly, autocorrelations of log-returns decay according to a power law, and the quadratic variation vanishes when going to vanishing observation time step size. Furthermore, one can identify the Student t distribution as the log-return distribution of a well-diversified world stock index for long time horizons when a long enough data series is used for estimation. The study of dependence properties, finally, reveals that jumps at daily horizon originate primarily in the stock market while at 5min horizon they originate in the foreign exchange market. The principal message of the empirical analysis is that there is evidence that a diffusion model without multi-scaling could reasonably well model the dynamics of a broadly diversified world stock index. in here

Effects of livestock species and stocking density on accretion rates in grazed salt marshes

NASA Astrophysics Data System (ADS)

Nolte, Stefanie; Esselink, Peter; Bakker, Jan P.; Smit, Christian

2015-01-01

Coastal ecosystems, such as salt marshes, are threatened by accelerated sea-level rise (SLR). Salt marshes deliver valuable ecosystem services such as coastal protection and the provision of habitat for a unique flora and fauna. Whether salt marshes in the Wadden Sea area are able to survive accelerated SLR depends on sufficient deposition of sediments which add to vertical marsh accretion. Accretion rate is influenced by a number of factors, and livestock grazing was recently included. Livestock grazing is assumed to reduce accretion rates in two ways: (a) directly by increasing soil compaction through trampling, and (b) indirectly by affecting the vegetation structure, which may lower the sediment deposition. For four years, we studied the impact of two livestock species (horse and cattle) at two stocking densities (0.5 and 1.0 animal ha-1) on accretion in a large-scale grazing experiment using sedimentation plates. We found lower cumulative accretion rates in high stocking densities, probably because more animals cause more compaction and create a lower canopy. Furthermore, a trend towards lower accretion rates in horse-compared to cattle-grazed treatments was found, most likely because (1) horses are more active and thus cause more compaction, and (2) herbage intake by horses is higher than by cattle, which causes a higher biomass removal and shorter canopy. During summer periods, negative accretion rates were found. When the grazing and non-grazing seasons were separated, the impact of grazing differed among years. In summer, we only found an effect of different treatments if soil moisture (precipitation) was relatively low. In winter, a sufficiently high inundation frequency was necessary to create differences between grazing treatments. We conclude that stocking densities, and to a certain extent also livestock species, affect accretion rates in salt marshes. Both stocking densities and livestock species should thus be taken into account in management decisions of salt marshes. In our study accretion rates were higher than the current SLR. Further research is needed to include grazing effects into sedimentation models, given the importance of grazing management in the Wadden Sea area.

Inference of financial networks using the normalised mutual information rate.

PubMed

Goh, Yong Kheng; Hasim, Haslifah M; Antonopoulos, Chris G

2018-01-01

In this paper, we study data from financial markets, using the normalised Mutual Information Rate. We show how to use it to infer the underlying network structure of interrelations in the foreign currency exchange rates and stock indices of 15 currency areas. We first present the mathematical method and discuss its computational aspects, and apply it to artificial data from chaotic dynamics and to correlated normal-variates data. We then apply the method to infer the structure of the financial system from the time-series of currency exchange rates and stock indices. In particular, we study and reveal the interrelations among the various foreign currency exchange rates and stock indices in two separate networks, of which we also study their structural properties. Our results show that both inferred networks are small-world networks, sharing similar properties and having differences in terms of assortativity. Importantly, our work shows that global economies tend to connect with other economies world-wide, rather than creating small groups of local economies. Finally, the consistent interrelations depicted among the 15 currency areas are further supported by a discussion from the viewpoint of economics.

Inference of financial networks using the normalised mutual information rate

PubMed Central

2018-01-01

In this paper, we study data from financial markets, using the normalised Mutual Information Rate. We show how to use it to infer the underlying network structure of interrelations in the foreign currency exchange rates and stock indices of 15 currency areas. We first present the mathematical method and discuss its computational aspects, and apply it to artificial data from chaotic dynamics and to correlated normal-variates data. We then apply the method to infer the structure of the financial system from the time-series of currency exchange rates and stock indices. In particular, we study and reveal the interrelations among the various foreign currency exchange rates and stock indices in two separate networks, of which we also study their structural properties. Our results show that both inferred networks are small-world networks, sharing similar properties and having differences in terms of assortativity. Importantly, our work shows that global economies tend to connect with other economies world-wide, rather than creating small groups of local economies. Finally, the consistent interrelations depicted among the 15 currency areas are further supported by a discussion from the viewpoint of economics. PMID:29420644

Constant proportion harvest policies: dynamic implications in the Pacific halibut and Atlantic cod fisheries.

PubMed

Yakubu, Abdul-Aziz; Li, Nianpeng; Conrad, Jon M; Zeeman, Mary-Lou

2011-07-01

Overfishing, pollution and other environmental factors have greatly reduced commercially valuable stocks of fish. In a 2006 Science article, a group of ecologists and economists warned that the world may run out of seafood from natural stocks if overfishing continues at current rates. In this paper, we explore the interaction between a constant proportion harvest policy and recruitment dynamics. We examine the discrete-time constant proportion harvest policy discussed in Ang et al. (2009) and then expand the framework to include stock-recruitment functions that are compensatory and overcompensatory, both with and without the Allee effect. We focus on constant proportion policies (CPPs). CPPs have the potential to stabilize complex overcompensatory stock dynamics, with or without the Allee effect, provided the rates of harvest stay below a threshold. If that threshold is exceeded, CPPs are known to result in the sudden collapse of a fish stock when stock recruitment exhibits the Allee effect. In case studies, we analyze CPPs as they might be applied to Gulf of Alaska Pacific halibut fishery and the Georges Bank Atlantic cod fishery based on harvest rates from 1975 to 2007. The best fit models suggest that, under high fishing mortalities, the halibut fishery is vulnerable to sudden population collapse while the cod fishery is vulnerable to steady decline to zero. The models also suggest that CPP with mean harvesting levels from the last 30 years can be effective at preventing collapse in the halibut fishery, but these same policies would lead to steady decline to zero in the Atlantic cod fishery. We observe that the likelihood of collapse in both fisheries increases with increased stochasticity (for example, weather variability) as predicted by models of global climate change. Copyright © 2011 Elsevier Inc. All rights reserved.

Soil salinity decreases global soil organic carbon stocks.

PubMed

Setia, Raj; Gottschalk, Pia; Smith, Pete; Marschner, Petra; Baldock, Jeff; Setia, Deepika; Smith, Jo

2013-11-01

Saline soils cover 3.1% (397 million hectare) of the total land area of the world. The stock of soil organic carbon (SOC) reflects the balance between carbon (C) inputs from plants, and losses through decomposition, leaching and erosion. Soil salinity decreases plant productivity and hence C inputs to the soil, but also microbial activity and therefore SOC decomposition rates. Using a modified Rothamsted Carbon model (RothC) with a newly introduced salinity decomposition rate modifier and a plant input modifier we estimate that, historically, world soils that are currently saline have lost an average of 3.47 tSOC ha(-1) since they became saline. With the extent of saline soils predicted to increase in the future, our modelling suggests that world soils may lose 6.8 Pg SOC due to salinity by the year 2100. Our findings suggest that current models overestimate future global SOC stocks and underestimate net CO2 emissions from the soil-plant system by not taking salinity effects into account. From the perspective of enhancing soil C stocks, however, given the lower SOC decomposition rate in saline soils, salt tolerant plants could be used to sequester C in salt-affected areas. Copyright © 2012 Elsevier B.V. All rights reserved.

The influence of external subsidies on diet, growth and Hg concentrations of freshwater sport fish: implications for management and fish consumption advisories

USGS Publications Warehouse

Lepak, J.M.; Hooten, M.B.; Johnson, B.M.

2012-01-01

Mercury (Hg) contamination in sport fish is a global problem. In freshwater systems, food web structure, sport fish sex, size, diet and growth rates influence Hg bioaccumulation. Fish stocking is a common management practice worldwide that can introduce external energy and contaminants into freshwater systems. Thus, stocking can alter many of the factors that influence Hg concentrations in sport fish. Here we evaluated the influence of external subsidies, in the form of hatchery-raised rainbow trout Oncorhynchus mykiss on walleye Sander vitreus diet, growth and Hg concentrations in two freshwater systems. Stocking differentially influenced male and female walleye diets and growth, producing a counterintuitive size-contamination relationship. Modeling indicated that walleye growth rate and diet were important explanatory variables when predicting Hg concentrations. Thus, hatchery contributions to freshwater systems in the form of energy and contaminants can influence diet, growth and Hg concentrations in sport fish. Given the extensive scale of fish stocking, and the known health risks associated with Hg contamination, this represents a significant issue for managers monitoring and manipulating freshwater food web structures, and policy makers attempting to develop fish consumption advisories to protect human health in stocked systems.

The influence of external subsidies on diet, growth and Hg concentrations of freshwater sport fish: implications for management and fish consumption advisories.

PubMed

Lepak, Jesse M; Hooten, Mevin B; Johnson, Brett M

2012-10-01

Mercury (Hg) contamination in sport fish is a global problem. In freshwater systems, food web structure, sport fish sex, size, diet and growth rates influence Hg bioaccumulation. Fish stocking is a common management practice worldwide that can introduce external energy and contaminants into freshwater systems. Thus, stocking can alter many of the factors that influence Hg concentrations in sport fish. Here we evaluated the influence of external subsidies, in the form of hatchery-raised rainbow trout Oncorhynchus mykiss on walleye Sander vitreus diet, growth and Hg concentrations in two freshwater systems. Stocking differentially influenced male and female walleye diets and growth, producing a counterintuitive size-contamination relationship. Modeling indicated that walleye growth rate and diet were important explanatory variables when predicting Hg concentrations. Thus, hatchery contributions to freshwater systems in the form of energy and contaminants can influence diet, growth and Hg concentrations in sport fish. Given the extensive scale of fish stocking, and the known health risks associated with Hg contamination, this represents a significant issue for managers monitoring and manipulating freshwater food web structures, and policy makers attempting to develop fish consumption advisories to protect human health in stocked systems.

Grazing management and supplementation effects on forage and dairy cow performance on cool-season pastures in the southeastern United States.

PubMed

Macoon, B; Sollenberger, L E; Staples, C R; Portier, K M; Fike, J H; Moore, J E

2011-08-01

Cool-season annual forages provide high-quality herbage for up to 5 mo in the US Gulf Coast states, but their management in pasture-based dairy systems has received little attention. Objectives of this study were to evaluate pasture and animal responses when lactating Holstein cows (n=32, mean DIM=184±21) grazed either N-fertilized rye (Secale cereale L.)-annual ryegrass (Lolium multiflorum Lam.) mixed pastures or rye-annual ryegrass-crimson clover (Trifolium incarnatum L.)-red clover (Trifolium pratense L.) pastures at 2 stocking rates (5 vs. 2.5 cows/ha) and 2 rates of concentrate supplementation [0.29 or 0.40 kg of supplement (as is)/kg of daily milk production]. Two cows paired by parity (one multiparous and one primiparous) were assigned randomly to each pasture. The 2 × 2 × 2 factorial arrangement of treatments was replicated twice in a completely randomized design. Forage mixture and supplementation rate did not affect milk production during three 28-d periods. Greater milk production occurred at the low (19.7 kg/d) than the high (14.7 kg/d) stocking rate during periods 2 and 3, but production was similar during period 1. Despite lower production per cow, milk production per hectare was generally greater at the high stocking rate (81.6 vs. 49.5 kg/ha). Generally, greater pregraze herbage mass on pastures at the lower stocking rate (1,400 vs. 1,150 kg/ha) accounted for greater herbage allowance. Both forage (8.0 vs. 5.9 kg/d) and total (14.1 vs. 11.6) organic matter intake were greater at the low stocking rate. Cows fed less supplement had greater forage organic matter intake (8.0 vs. 6.1 kg/d). Greater herbage mass was associated with the greater intake and subsequent greater milk production. Differences in forage nutritive value, blood metabolites and milk composition, although showing some response to treatments, may not be of sufficient magnitude to affect choice of pasture species or other management practices. Animal performance was not improved by adding clovers to mixed cool-season grass pastures like those in this study. Stocking rate had a major effect on pasture and animal performance. During the cool season, supplementation with concentrates should be planned based on estimated energy intake from forages to achieve optimum milk production and ensure maintenance of body condition. Copyright © 2011 American Dairy Science Association. Published by Elsevier Inc. All rights reserved.

Investor Behavior and Flow-through Capability in the US Stock Market

PubMed Central

Cano, Carlos; Jareño, Francisco; Tolentino, Marta

2016-01-01

This paper analyzes investor behavior depending on the flow-through capability (FTC) in the US stock market, because investors seek protection from inflation rate changes, and the FTC (a firm's ability to transmit inflation shocks to the prices of its products and services) is a key factor in investment decisions. Our estimates of the FTC of firms listed on the US stock exchange at the sector level are significantly different among industries, and we demonstrate a direct relationship between changes in stock prices (at the sector level) and FTC. These results would be relevant because they have important implications on investor behavior. PMID:27242585

Investor Behavior and Flow-through Capability in the US Stock Market.

PubMed

Cano, Carlos; Jareño, Francisco; Tolentino, Marta

2016-01-01

This paper analyzes investor behavior depending on the flow-through capability (FTC) in the US stock market, because investors seek protection from inflation rate changes, and the FTC (a firm's ability to transmit inflation shocks to the prices of its products and services) is a key factor in investment decisions. Our estimates of the FTC of firms listed on the US stock exchange at the sector level are significantly different among industries, and we demonstrate a direct relationship between changes in stock prices (at the sector level) and FTC. These results would be relevant because they have important implications on investor behavior.

Stock modeling for railroad locomotives and marine vessels

DOT National Transportation Integrated Search

2004-09-01

Stock modeling is the process of estimating the number of pieces of equipment in service in a given year manufactured in each of all relevant prior years. This type of modeling is important for, among other things, estimating the rate at which new te...

Geo-Referenced, Abundance Calibrated Ocean Distribution of Chinook Salmon (Oncorhynchus tshawytscha) Stocks across the West Coast of North America.

PubMed

Bellinger, M Renee; Banks, Michael A; Bates, Sarah J; Crandall, Eric D; Garza, John Carlos; Sylvia, Gil; Lawson, Peter W

2015-01-01

Understanding seasonal migration and localized persistence of populations is critical for effective species harvest and conservation management. Pacific salmon (genus Oncorhynchus) forecasting models predict stock composition, abundance, and distribution during annual assessments of proposed fisheries impacts. Most models, however, fail to account for the influence of biophysical factors on year-to-year fluctuations in migratory distributions and stock-specific survival. In this study, the ocean distribution and relative abundance of Chinook salmon (O. tshawytscha) stocks encountered in the California Current large marine ecosystem, U.S.A were inferred using catch-per-unit effort (CPUE) fisheries and genetic stock identification data. In contrast to stock distributions estimated through coded-wire-tag recoveries (typically limited to hatchery salmon), stock-specific CPUE provides information for both wild and hatchery fish. Furthermore, in contrast to stock composition results, the stock-specific CPUE metric is independent of other stocks and is easily interpreted over multiple temporal or spatial scales. Tests for correlations between stock-specific CPUE and stock composition estimates revealed these measures diverged once proportional contributions of locally rare stocks were excluded from data sets. A novel aspect of this study was collection of data both in areas closed to commercial fisheries and during normal, open commercial fisheries. Because fishing fleet efficiency influences catch rates, we tested whether CPUE differed between closed area (non-retention) and open area (retention) data sets. A weak effect was indicated for some, but not all, analyzed cases. Novel visualizations produced from stock-specific CPUE-based ocean abundance facilitates consideration of how highly refined, spatial and genetic information could be incorporated in ocean fisheries management systems and for investigations of biogeographic factors that influence migratory distributions of fish.

Geo-Referenced, Abundance Calibrated Ocean Distribution of Chinook Salmon (Oncorhynchus tshawytscha) Stocks across the West Coast of North America

PubMed Central

Bellinger, M. Renee; Banks, Michael A.; Bates, Sarah J.; Crandall, Eric D.; Garza, John Carlos; Sylvia, Gil; Lawson, Peter W.

2015-01-01

Understanding seasonal migration and localized persistence of populations is critical for effective species harvest and conservation management. Pacific salmon (genus Oncorhynchus) forecasting models predict stock composition, abundance, and distribution during annual assessments of proposed fisheries impacts. Most models, however, fail to account for the influence of biophysical factors on year-to-year fluctuations in migratory distributions and stock-specific survival. In this study, the ocean distribution and relative abundance of Chinook salmon (O. tshawytscha) stocks encountered in the California Current large marine ecosystem, U.S.A were inferred using catch-per-unit effort (CPUE) fisheries and genetic stock identification data. In contrast to stock distributions estimated through coded-wire-tag recoveries (typically limited to hatchery salmon), stock-specific CPUE provides information for both wild and hatchery fish. Furthermore, in contrast to stock composition results, the stock-specific CPUE metric is independent of other stocks and is easily interpreted over multiple temporal or spatial scales. Tests for correlations between stock-specific CPUE and stock composition estimates revealed these measures diverged once proportional contributions of locally rare stocks were excluded from data sets. A novel aspect of this study was collection of data both in areas closed to commercial fisheries and during normal, open commercial fisheries. Because fishing fleet efficiency influences catch rates, we tested whether CPUE differed between closed area (non-retention) and open area (retention) data sets. A weak effect was indicated for some, but not all, analyzed cases. Novel visualizations produced from stock-specific CPUE-based ocean abundance facilitates consideration of how highly refined, spatial and genetic information could be incorporated in ocean fisheries management systems and for investigations of biogeographic factors that influence migratory distributions of fish. PMID:26200779

Effects of triploid grass carp on aquatic plants, water quality, and public satisfaction in Washington State

USGS Publications Warehouse

Bonar, Scott A.; Bolding, B.; Divens, M.

2002-01-01

We investigated effects of triploid grass carp Ctenopharyngodon idella on aquatic macrophyte communities, water quality, and public satisfaction for 98 lakes and ponds in Washington State stocked with grass carp between 1990 and 1995. Grass carp had few noticeable effects on macrophyte communities until 19 months following stocking. After 19 months, submersed macrophytes were either completely eradicated (39% of the lakes) or not controlled (42% of the lakes) in most lakes. Intermediate control of submersed macrophytes occurred in 18% of lakes at a median stocking rate of 24 fish per vegetated surface acre. Most of the landowners interviewed (83%) were satisfied with the results of introducing grass carp. For sites where all submersed macrophytes were eradicated, average turbidity was higher (11 nephelometric turbidity units, NTU) than at sites where macrophytes were controlled to intermediate levels (4 NTU) or unaffected by grass carp grazing (5 NTU). Chlorophyll a was not significantly different between levels of macrophyte control; therefore, we concluded that most of this turbidity was abiotic and not algal. Triploid grass carp were a popular control option and effectively grazed most submersed macrophytes in Washington State. However, calculating stocking rates based on landowner estimates of aquatic plant coverage rarely resulted in intermediate levels of aquatic plant control. Additionally, the effects of particular stocking rates varied considerably. We recommend against using grass carp in Washington lakes where eradication of submersed vegetation cannot be tolerated.

Microzooplankton grazing and phytoplankton growth in marine mesocosms with increased CO2 levels

NASA Astrophysics Data System (ADS)

Suffrian, K.; Simonelli, P.; Nejstgaard, J. C.; Putzeys, S.; Carotenuto, Y.; Antia, A. N.

2008-08-01

Microzooplankton grazing and algae growth responses to increasing pCO2 levels (350, 700 and 1050 μatm) were investigated in nitrate and phosphate fertilized mesocosms during the PeECE III experiment 2005. Grazing and growth rates were estimated by the dilution technique combined with taxon specific HPLC pigment analysis. Microzooplankton composition was determined by light microscopy. Despite a range of up to 3 times the present CO2 levels, there were no clear differences in any measured parameter between the different CO2 treatments. During days 3 9 of the experiment the algae community standing stock, measured as chlorophyll a (Chl-a), showed the highest instantaneous grow rates (k=0.37 0.99 d-1) and increased from ca. 2 3 to 6 12 μg l-1, in all mesocosms. Afterwards the phytoplankton standing stock decreased in all mesocosms until the end of the experiment. The microzooplankton standing stock, that was mainly constituted by dinoflagellates and ciliates, varied between 23 and 130 μg C l-1 (corresponding to 1.9 and 10.8 μmol C l-1), peaking on day 13 15, apparently responding to the phytoplankton development. Instantaneous Chl-a growth rates were generally higher than the grazing rates, indicating only a limited overall effect of microzooplankton grazing on the most dominant phytoplankton. Diatoms and prymnesiophytes were significantly grazed (12 43% of the standing stock d-1) only in the pre-bloom phase when they were in low numbers, and in the post-bloom phase when they were already affected by low nutrients and/or viral lysis. The cyanobacteria populations appeared more affected by microzooplankton grazing which generally removed 20 65% of the standing stock per day.

Evidence of Large Fluctuations of Stock Return and Financial Crises from Turkey: Using Wavelet Coherency and Varma Modeling to Forecast Stock Return

NASA Astrophysics Data System (ADS)

Oygur, Tunc; Unal, Gazanfer

Shocks, jumps, booms and busts are typical large fluctuation markers which appear in crisis. Models and leading indicators vary according to crisis type in spite of the fact that there are a lot of different models and leading indicators in literature to determine structure of crisis. In this paper, we investigate structure of dynamic correlation of stock return, interest rate, exchange rate and trade balance differences in crisis periods in Turkey over the period between October 1990 and March 2015 by applying wavelet coherency methodologies to determine nature of crises. The time period includes the Turkeys currency and banking crises; US sub-prime mortgage crisis and the European sovereign debt crisis occurred in 1994, 2001, 2008 and 2009, respectively. Empirical results showed that stock return, interest rate, exchange rate and trade balance differences are significantly linked during the financial crises in Turkey. The cross wavelet power, the wavelet coherency, the multiple wavelet coherency and the quadruple wavelet coherency methodologies have been used to examine structure of dynamic correlation. Moreover, in consequence of quadruple and multiple wavelet coherence, strongly correlated large scales indicate linear behavior and, hence VARMA (vector autoregressive moving average) gives better fitting and forecasting performance. In addition, increasing the dimensions of the model for strongly correlated scales leads to more accurate results compared to scalar counterparts.

Indications for medical compression stockings in venous and lymphatic disorders: An evidence-based consensus statement

PubMed Central

Rabe, Eberhard; Partsch, Hugo; Hafner, Juerg; Lattimer, Christopher; Mosti, Giovanni; Neumann, Martino; Urbanek, Tomasz; Huebner, Monika; Gaillard, Sylvain; Carpentier, Patrick

2017-01-01

Objective Medical compression stockings are a standard, non-invasive treatment option for all venous and lymphatic diseases. The aim of this consensus document is to provide up-to-date recommendations and evidence grading on the indications for treatment, based on evidence accumulated during the past decade, under the auspices of the International Compression Club. Methods A systematic literature review was conducted and, using PRISMA guidelines, 51 relevant publications were selected for an evidence-based analysis of an initial 2407 unrefined results. Key search terms included: ‘acute', CEAP', ‘chronic', ‘compression stockings', ‘compression therapy', ‘lymph', ‘lymphatic disease', ‘vein' and ‘venous disease'. Evidence extracted from the publications was graded initially by the panel members individually and then refined at the consensus meeting. Results Based on the current evidence, 25 recommendations for chronic and acute venous disorders were made. Of these, 24 recommendations were graded as: Grade 1A (n = 4), 1B (n = 13), 1C (n = 2), 2B (n = 4) and 2C (n = 1). The panel members found moderately robust evidence for medical compression stockings in patients with venous symptoms and prevention and treatment of venous oedema. Robust evidence was found for prevention and treatment of venous leg ulcers. Recommendations for stocking-use after great saphenous vein interventions were limited to the first post-interventional week. No randomised clinical trials are available that document a prophylactic effect of medical compression stockings on the progression of chronic venous disease (CVD). In acute deep vein thrombosis, immediate compression is recommended to reduce pain and swelling. Despite conflicting results from a recent study to prevent post-thrombotic syndrome, medical compression stockings are still recommended. In thromboprophylaxis, the role of stockings in addition to anticoagulation is limited. For the maintenance phase of lymphoedema management, compression stockings are the most important intervention. Conclusion The beneficial value of applying compression stockings in the treatment of venous and lymphatic disease is supported by this document, with 19/25 recommendations rated as Grade 1 evidence. For recommendations rated with Grade 2 level of evidence, further studies are needed. PMID:28549402

77 FR 3450 - Guidelines for Assessing Marine Mammal Stocks

Federal Register 2010, 2011, 2012, 2013, 2014

2012-01-24

... population trend model are available, such a model can be used to influence the uncertainty projections....) voluntarily submitted by the commenter may be publicly accessible. Do not submit Confidential Business... distribution and abundance of the stock, population growth rates and trends, estimates of annual human-caused...

Monte Carlo Simulation of Microscopic Stock Market Models

NASA Astrophysics Data System (ADS)

Stauffer, Dietrich

Computer simulations with random numbers, that is, Monte Carlo methods, have been considerably applied in recent years to model the fluctuations of stock market or currency exchange rates. Here we concentrate on the percolation model of Cont and Bouchaud, to simulate, not to predict, the market behavior.

Strategic Distribution Platform Support of CONUS Army Units

DTIC Science & Technology

2011-01-01

agreed to the goal that the SDP will be the source for 85 percent of customer demands stocked in DLA depots. • Leverage high fill rates via scheduled...goal that the SDP will be the source for 85 percent of customer demands stocked in DLA depots (called the “facing fill” or “gross fill rate” metric...RWT metric does not include time spent in backorder status (i.e., no stock was available to ship). 6 The increase in 2003 and into 2004 in the figure

Supply chain optimization at an academic medical center.

PubMed

Labuhn, Jonathan; Almeter, Philip; McLaughlin, Christopher; Fields, Philip; Turner, Benjamin

2017-08-01

A successful supply chain optimization project that leveraged technology, engineering principles, and a technician workflow redesign in the setting of a growing health system is described. With continued rises in medication costs, medication inventory management is increasingly important. Proper management of central pharmacy inventory and floor-stock inventory in automated dispensing cabinets (ADCs) can be challenging. In an effort to improve control of inventory costs in the central pharmacy of a large academic medical center, the pharmacy department implemented a supply chain optimization project in collaboration with the medical center's inhouse team of experts on process improvement and industrial engineering. The project had 2 main components: (1) upgrading and reconfiguring carousel technology within an expanded central pharmacy footprint to generate accurate floor-stock inventory replenishment reports, which resulted in efficiencies within the medication-use system, and (2) implementing a technician workflow redesign and algorithm to right-size the ADC inventory, which decreased inventory stockouts (i.e., incidents of depletion of medication stock) and improved ADC user satisfaction. Through a multifaceted approach to inventory management, the number of stockouts per month was decreased and ADC inventory was optimized, resulting in a one-time inventory cost savings of $220,500. Copyright © 2017 by the American Society of Health-System Pharmacists, Inc. All rights reserved.

Refining soil organic carbon stock estimates for China’s palustrine wetlands

NASA Astrophysics Data System (ADS)

Ma, Kun; Liu, Junguo; Zhang, Ying; Parry, Lauren E.; Holden, Joseph; Ciais, Philippe

2015-12-01

Palustrine wetlands (PWs) include all bogs, fens, swamps and marshes that are non-saline and which are not lakes or rivers. They therefore form a highly important group of wetlands which hold large carbon stocks. If these wetlands are not protected properly they could become a net carbon source in the future. Compilation of spatially explicit wetland databases, national inventory data and in situ measurement of soil organic carbon (SOC) could be useful to better quantify SOC and formulate long-term strategies for mitigating global climate change. In this study, a synergistic mapping approach was used to create a hybrid map for PWs for China and to estimate their SOC content. Total SOC storage in PWs was estimated to be 4.3 ± 1.4 Pg C, with a SOC density of 31.17 (±10.55) kg C m-2 in the upper 1 m of the soil layer. This carbon stock is concentrated in Northeast China (49%) and the Qinghai-Tibet Plateau (41%). Given the large pool of carbon stored in PWs compared to other soil types, we suggest that urgent monitoring programmes on SOC should be established in regions with very few datasets, but where PWs appear to be common such as the Tibet region and Northwest China.

Simulation of the effects of time and size at stocking on PCB accumulation in lake trout

USGS Publications Warehouse

Madenjian, Charles P.; Carpenter, Stephen R.

1993-01-01

Manipulations of size at stocking and timing of stocking have already been used to improve survival of stocked salmonines in the Great Lakes. It should be possible to stock salmonines into the Great Lakes in a way that reduces the rate of polychlorinated biphenyl (PCB) accumulation in these fishes. An individual-based model (IBM) was used to investigate the effects of size at stocking and timing of stocking on PCB accumulation by lake trout Salvelinus namaycush in Lake Michigan. The individual-based feature of the model allowed lake trout individuals to encounter prey fish individuals and then consume sufficiently small prey fish. The IBM accurately accounted for the variation in PCB concentrations observed within the Lake Michigan lake trout population. Results of the IBM simulations revealed that increasing the average size at stocking from 110 to 160 mm total length led to an increase in the average PCB concentration in the stocked cohort at age 5, after the fish had spent 4 years in the lake, from 2.33 to 2.65 mg/kg; the percentage of lake trout in the cohort at the end of the simulated time period with PCB concentration of 2 mg/kg or more increased from 62% to 79%. Thus, PCB contamination was reduced when the simulated size at stocking was smallest. An overall stocking strategy for lake trout into Lake Michigan should weigh this advantage regarding PCB contamination against the poor survival of lake trout that may occur if the trout are stocked at too small a size.

26 CFR 1.482-0T - Outline of regulations under section 482 (temporary).

Code of Federal Regulations, 2010 CFR

2010-04-01

... stock-based compensation with the IDA. (iii) Measurement and timing of stock-based compensation IDC. (A... accepted accounting principles. (4) Time and manner of making the election. (C) Consistency. (4) IDC share... rate. (C) Example. (vi) Financial projections. (vii) Accounting principles. (A) In general. (B...

12 CFR 362.11 - Activities of insured State savings associations.

Code of Federal Regulations, 2010 CFR

2010-01-01

... money market preferred stock. (A) An insured state savings association's investment of up to 15 percent of the association's tier one capital in adjustable rate preferred stock or money market (auction... significant risk to the Deposit Insurance Fund. Such instruments shall be included in the 15 percent of tier...

What the 2008 stock market crash means for retirement security.

PubMed

Butrica, Barbara A; Smith, Karen E; Toder, Eric J

2010-10-01

The 2008 stock market crash raises concerns about retirement security, especially since the increased prevalence of 401(k) and similar retirement saving plans means that more Americans are now stakeholders in the equity market than in the past. Using a dynamic microsimulation model, this paper explores the ability of alternate future stock market scenarios to restore retirement assets. The authors find that those near retirement could fare the worst because they have no time to recoup their losses. Mid-career workers could fare better because they have more time to rebuild their wealth. They may even gain income if they buy stocks at low prices and get above-average rates of return. High-income groups will be the most affected because they are most likely to have financial assets and to be invested in the stock market.

Depressed resilience of bluefin tuna in the western atlantic and age truncation.

PubMed

Secor, D H; Rooker, J R; Gahagan, B I; Siskey, M R; Wingate, R W

2015-04-01

Following intense overfishing in the 1970s, the western stock of Atlantic bluefin tuna (Thunnus thynnus) experienced a long period of depressed abundance, which has been attributed to failure of the population to periodically produce large numbers of juveniles, the western stock mixing with the more highly exploited eastern stock (fisheries in the Northeast Atlantic Ocean and Mediterranean Sea), and regime shift in the population's ecosystem resulting in lower replacement rates. To evaluate the presence of relatively strong years of juvenile production, we analyzed age structure from a recent sample of otoliths (ear stones) collected from the western stock (2011-2013, North Carolina, U.S.A., winter fishery). Mixing levels for the recent sample were analyzed using otolith stable isotopes to test whether age structure might be biased through immigration of eastern stock bluefin tuna. Age structure from historical samples collected from United States and Canadian fisheries (1975-1981) was compared with more recent samples (1996-2007) to examine whether demographic changes had occurred to the western stock that might have disrupted juvenile production. Relatively high juvenile production occurred in 2003, 2005, and 2006. Otolith stable isotope analysis showed that these recruitments were mostly of western stock origin. However, these high recruitments were >2-fold less than historical recruitment. We found substantial age truncation in the sampled fisheries. Half the historical sample was >20 years old (mean age = 20.1 [SD 3.7]; skewness = -0.3), whereas <5% of the recent sample was >20 years old (mean age = 13.4 [SD 3.8]; skewness = 1.3). Loss of age structure is consistent with changes in fishing selectivity and trends in the stock assessment used for management. We propose that fishing, as a forcing variable, brought about a threshold shift in the western stock toward lower biomass and production, a shift that emulates the regime shift hypothesis. An abbreviated reproductive life span compromised resilience by reducing the period over which adults spawn and thereby curtailing the stock's ability to sample year-to-year variability in conditions that favor offspring survival (i.e., storage effect). Because recruitment dynamics by the western stock exhibit threshold dynamics, returning it to a higher production state will entail greater reductions in exploitation rates. © 2014 Society for Conservation Biology.

For the last time: stock options are an expense.

PubMed

Bodie, Zvi; Kaplan, Robert S; Merton, Robert C

2003-03-01

Should stock options be recorded as an expense on a company's income statement and balance sheet, or should they remain where they are, relegated to footnotes? The extraordinary boom in share prices during the Internet bubble made critics of option expensing look like spoilsports. But since the crash, the debate has returned with a vengeance. And no wonder: The authors believe the case for expensing options is overwhelming. In this article, Nobel Iaureate Robert Merton, one of the inventors of the Black-Scholes option-pricing model; his coauthor on the classic textbook Finance, Zvi Bodie; and Robert Kaplan, creator of the Balanced Scorecard, examine and dismiss the principal claims put forward by those who continue to oppose options expensing. They demonstrate that stock-option grants do indeed have real cash-flow implications that need to be reported. They show that effective ways certainly exist to quantify those implications. They detail the distortions that relegating stock-option accounting to footnotes creates. And they show why reporting option costs should in no way hamper young companies in their efforts to provide incentives. Options are indeed a powerful incentive, the authors agree, and failing to record a transaction that creates such powerful effects is economically indefensible. Worse, it encourages companies to favor options over alternative incentive systems. It is not the proper role of accounting standards, the authors argue, to distort executive and employee compensation by subsidizing one particular form of compensation and no other. Companies should choose compensation methods according to their economic benefits--not the way they are reported.

Compression stockings for treating venous leg ulcers: measurement of interface pressure under a new ulcer kit.

PubMed

Partsch, B; Partsch, H

2008-01-01

The aim of this study was to measure the interface pressure of a newly designed two-layer compression stocking (Mediven ulcer kit Medi QMBH, Bayreuth, Germany) in different body positions and to compare the values with those obtained with another two-layer product. Interface pressure was measured on the distal medial leg in 16 legs of volunteers, with the basic layer alone and with the whole stocking kit in the supine, sitting and standing position for both stocking systems. The literature concerning ulcer-healing rates is reviewed. Mediven ulcerkit produced statistically significant higher pressure values than the ulcer stocking with a median resting value of 35.5 mmHg in the supine and 42.5 mmHg in the standing position. The pressure while standing comes close to values exerted by bandages. The basic layer alone applies a pressure of 20.5 mmHg. Especially designed compression stockings exerting sufficient interface pressure may be indicated in patients with small ulcers of short duration.

Why only few are so successful?

NASA Astrophysics Data System (ADS)

Mohanty, P. K.

2007-10-01

In many professions employees are rewarded according to their relative performance. Corresponding economy can be modeled by taking N independent agents who gain from the market with a rate which depends on their current gain. We argue that this simple realistic rate generates a scale-free distribution even though intrinsic ability of agents are marginally different from each other. As an evidence we provide distribution of scores for two different systems (a) the global stock game where players invest in real stock market and (b) the international cricket.

Multifractal features in stock and foreign exchange markets

NASA Astrophysics Data System (ADS)

Kim, Kyungsik; Yoon, Seong-Min

2004-03-01

We investigate the tick dynamical behavior of three assets(the yen-dollar exchange rate, the won-dollar exchange rate, and the KOSPI) using the rescaled range analysis in stock and foreign exchange markets. The multifractal Hurst exponents with long-run memory effects can be obtained from assets, and we discuss whether it exists the crossover or not for the Hurst exponents at charateristic time scales. Particularly, we find that the probability distribution of prices is approached to a Lorentz distribution, different from fat-tailed properties.

Time-frequency causality between stock prices and exchange rates: Further evidences from cointegration and wavelet analysis

NASA Astrophysics Data System (ADS)

Afshan, Sahar; Sharif, Arshian; Loganathan, Nanthakumar; Jammazi, Rania

2018-04-01

The current study investigates the relationship between stock prices and exchange rate by using wavelets approach and more focused the continuous, power spectrum, cross and coherence wavelet. The result of Bayer and Hanck (2013) and Gregory and Hansen (1996) confirm the presence of long-run association between stock price and exchange rate in Pakistan. The results of wavelet coherence reveal the dominance of SP during 2005-2006 and 2011-2012 in the period of 8-16 and 16-32 weeks cycle in approximately all the exchange rates against Pakistani rupees. For almost the entire studied period in long scale, the study evidences the strong coherence between both the series. The most interesting part of this coherence is the existence of bidirectional causality in the long timescale. The arrows in this long region are pointing both left up and left down. This suggests that during the time period, our variables are exhibiting out phase relationship with mutually leading and lagging the market. These results are in contrast with many earlier studies of Pakistan.

The stock-flow model of spatial data infrastructure development refined by fuzzy logic.

PubMed

Abdolmajidi, Ehsan; Harrie, Lars; Mansourian, Ali

2016-01-01

The system dynamics technique has been demonstrated to be a proper method by which to model and simulate the development of spatial data infrastructures (SDI). An SDI is a collaborative effort to manage and share spatial data at different political and administrative levels. It is comprised of various dynamically interacting quantitative and qualitative (linguistic) variables. To incorporate linguistic variables and their joint effects in an SDI-development model more effectively, we suggest employing fuzzy logic. Not all fuzzy models are able to model the dynamic behavior of SDIs properly. Therefore, this paper aims to investigate different fuzzy models and their suitability for modeling SDIs. To that end, two inference and two defuzzification methods were used for the fuzzification of the joint effect of two variables in an existing SDI model. The results show that the Average-Average inference and Center of Area defuzzification can better model the dynamics of SDI development.

Changes in Forest Production, Biomass and Carbon: Results From the 2015 UN FAO Global Forest Resource Assessment

NASA Astrophysics Data System (ADS)

Navar, J.

2015-12-01

Forests are important sources of livelihoods to millions of people and contribute to national economic development of many countries. In addition, they are vital sources and sinks of carbon and contribute to the rate of climate change. The UN Food and Agriculture Organization has been collecting and presenting data on global forest resources and forest cover since 1948. This paper builds on data from FAO's 2015 Global Forest Resource Assessment (FRA) and presents information on growing stock, biomass, carbon stock, wood removals, and changes of forest area primarily designated for production and multiple use of the world's forests. Between 1990 and 2015, the total growing stock volume has increased in East Asia, Caribbean, Western and Central Asia, North America, Europe (including the Russian Federation), and Oceania with the highest relative increase in East Asia and the Caribbean. In all other subregions the total growing stock volume decreased. North and Central America, Europe and Asia report forest C stock increases while South America and Africa report strong decreases and Oceania reports stable forest C stocks. The annual rate of decrease of forest C stock weakened between 1990 and 2015. The total volume of annual wood removals including wood fuel removals increased between 1990 and 2011, but shows a remarkable decline during the 2008-2009 economic crisis. Forest areas designated for production purposes differ considerably between subregions. The percentage of production area out of total forest area ranges between 16 percent in South America and 53 percent in Europe. Globally about one quarter of the forest area is designated to multiple use forestry. The balance between biomass growth and removals shows considerable sub-regional differences and related implications for the sustainable use of forests.

Pasture-derived greenhouse gas emissions in cow-calf production systems.

PubMed

Chiavegato, M B; Powers, W J; Carmichael, D; Rowntree, J E

2015-03-01

There is a lack of information regarding carbon dioxide (CO), methane (CH), and nitrous oxide (NO) emissions from pasture soils and the effects of grazing. The objective of this study was to quantify greenhouse gas (GHG) fluxes from pasture soils grazed with cow-calf pairs managed with different stocking rates and densities. The central hypothesis was that irrigated low-density stocking systems (SysB) would result in greater GHG emissions from pasture soils than nonirrigated high-density stocking systems (SysA) and grazing-exclusion (GRE) pasture sites. The nonirrigated high-density stocking systems consisted of 120 cow-calf pairs rotating on a total of 120 ha (stocking rate 1 cow/ha, stocking density 112,000 kg BW/ha, rest period of 60 to 90 d). The irrigated low-density stocking systems consisted of 64 cow-calf pairs rotating on a total of 26 ha of pasture (stocking rate 2.5 cows/ha, stocking density 32,700 kg BW/ha, rest period of 18 to 30 d). Both systems consisted of mixed cool-season grass-legume pastures. Static chambers were randomly placed for collection of CO, CH, and NO samples. Soil temperature (ST), ambient temperature (temperature inside the chamber; AT), and soil water content (WC) were monitored and considered explanatory variables for GHG emissions. GHG fluxes were monitored for 3 yr (2011 to 2013) at the beginning (P1) and at the end (P2) of the grazing season, always postgrazing. Paddock was the experimental unit (3 pseudoreplicates per treatment), and chambers (30 chambers per paddock) were considered multiple measurements of each experimental unit. A completely randomized design considered the term year × period as a repeated measure and chamber nested within paddock and treatment as the random term. Generally, SysB had greater CO emissions than SysA and GRE pasture sites across years and periods ( < 0.01). Soil temperature, AT, and WC had effects on CO emissions. Methane and NO emissions were observed from pasture sites of the 3 systems, but the effect of grazing was not constantly significant for CH and NO emissions. In addition, ST, AT, and WC did not conclusively explain CH and NO emissions. No clear trade-offs between GHG were observed; generally, GHG emissions increased from 2011 to 2013, which was likely associated with weather conditions, such as higher daily temperature and precipitation events. The central hypothesis that SysB would result in greater GHG emissions from pasture soils than SysA and GRE was not confirmed.

Career Management for Scientists and Engineers

NASA Astrophysics Data System (ADS)

Borchardt, John K.

2000-05-01

This book will be an important resource for both new graduates and mid-career scientists, engineers, and technicians. Through taking stock of existing or desired skills and goals, it provides both general advice and concrete examples to help asses a current job situation or prospect, and to effectively pursue and attain new ones. Many examples of properly adapted resumes and interview techniques, as well as plenty of practical advice about adaptation to new workplace cultural paradigms, such as team-based management, make this book an invaluable reference for the professional scientist in today's volatile job market.

FMDP reactor alternative summary report. Volume 1 - existing LWR alternative

DOE Office of Scientific and Technical Information (OSTI.GOV)

Greene, S.R.; Bevard, B.B.

1996-10-07

Significant quantities of weapons-usable fissile materials [primarily plutonium and highly enriched uranium (HEU)] are becoming surplus to national defense needs in both the United States and Russia. These stocks of fissile materials pose significant dangers to national and international security. The dangers exist not only in the potential proliferation of nuclear weapons but also in the potential for environmental, safety, and health (ES&H) consequences if surplus fissile materials are not properly managed. This document summarizes the results of analysis concerned with existing light water reactor plutonium disposition alternatives.

Relationship between suicide rate and economic growth and stock market in the People's Republic of China: 2004-2013.

PubMed

Yin, Honglei; Xu, Lin; Shao, Yechang; Li, Liping; Wan, Chengsong

2016-01-01

The objective of this study was to estimate the features of suicide rate and its association with economic development and stock market during the past decade in the People's Republic of China. Official data were gathered and analyzed in the People's Republic of China during the period 2004-2013. Nationwide suicide rate was stratified by four year age-groups, sex, urban/rural areas, and regions (East, Central, and West). Annual economic indexes including gross domestic product (GDP) per capita and rural and urban income per capita were all adjusted for inflation. Variation coefficient of market index (VCMI) was also included as an economic index to measure the fluctuation of the stock market. Negative binomial regression was performed to examine the time trend of region-level suicide rates and effects of sex, age, urban/rural area, region, and economic index on the suicide rates. Suicide rates of each age-group, sex, urban/rural area, and region were generally decreased from 2004 to 2013, while annual GDP per capita and rural and urban income per capita were generally increased by year. VCMI fluctuated largely, which peaked around 2009 and decreased after that time. Negative binomial regression showed that the decreased suicide rate in East and Central rural areas was the main cause of the decrease in suicide rate in the People's Republic of China. Suicide rate in the People's Republic of China for the study period increased with age and was higher in rural than in urban area, higher in males than in females, and the highest in the Central region. When GDP per capita increased by 2,787 RMB, the suicide rate decreased by 0.498 times. VCMI showed no significant relationship with suicide rate in the negative binomial regression. Suicide rate decreased in 2004-2013; varied among different age-groups, sex, urban/rural areas, and regions; and was negatively associated with the economic growth in the People's Republic of China. Stock market showed no relationship with suicide rate, but this finding needs to be verified in a future study.

Relationship between suicide rate and economic growth and stock market in the People’s Republic of China: 2004–2013

PubMed Central

Yin, Honglei; Xu, Lin; Shao, Yechang; Li, Liping; Wan, Chengsong

2016-01-01

Objectives The objective of this study was to estimate the features of suicide rate and its association with economic development and stock market during the past decade in the People’s Republic of China. Methods Official data were gathered and analyzed in the People’s Republic of China during the period 2004–2013. Nationwide suicide rate was stratified by four year age-groups, sex, urban/rural areas, and regions (East, Central, and West). Annual economic indexes including gross domestic product (GDP) per capita and rural and urban income per capita were all adjusted for inflation. Variation coefficient of market index (VCMI) was also included as an economic index to measure the fluctuation of the stock market. Negative binomial regression was performed to examine the time trend of region-level suicide rates and effects of sex, age, urban/rural area, region, and economic index on the suicide rates. Results Suicide rates of each age-group, sex, urban/rural area, and region were generally decreased from 2004 to 2013, while annual GDP per capita and rural and urban income per capita were generally increased by year. VCMI fluctuated largely, which peaked around 2009 and decreased after that time. Negative binomial regression showed that the decreased suicide rate in East and Central rural areas was the main cause of the decrease in suicide rate in the People’s Republic of China. Suicide rate in the People’s Republic of China for the study period increased with age and was higher in rural than in urban area, higher in males than in females, and the highest in the Central region. When GDP per capita increased by 2,787 RMB, the suicide rate decreased by 0.498 times. VCMI showed no significant relationship with suicide rate in the negative binomial regression. Conclusion Suicide rate decreased in 2004–2013; varied among different age-groups, sex, urban/rural areas, and regions; and was negatively associated with the economic growth in the People’s Republic of China. Stock market showed no relationship with suicide rate, but this finding needs to be verified in a future study. PMID:27994468

Effects of management tactics on meeting conservation objectives for Western North American groundfish fisheries.

PubMed

Melnychuk, Michael C; Banobi, Jeannette A; Hilborn, Ray

2013-01-01

There is considerable variability in the status of fish populations around the world and a poor understanding of how specific management characteristics affect populations. Overfishing is a major problem in many fisheries, but in some regions the recent tendency has been to exploit stocks at levels below their maximum sustainable yield. In Western North American groundfish fisheries, the status of individual stocks and management systems among regions are highly variable. In this paper, we show the current status of groundfish stocks from Alaska, British Columbia, and the U.S. West Coast, and quantify the influence on stock status of six management tactics often hypothesized to affect groundfish. These tactics are: the use of harvest control rules with estimated biological reference points; seasonal closures; marine reserves; bycatch constraints; individual quotas (i.e., 'catch shares'); and gear type. Despite the high commercial value of many groundfish and consequent incentives for maintaining stocks at their most productive levels, most stocks were managed extremely conservatively, with current exploitation rates at only 40% of management targets and biomass 33% above target biomass on average. Catches rarely exceeded TACs but on occasion were far below TACs (mean catch:TAC ratio of 57%); approximately $150 million of potential landed value was foregone annually by underutilizing TACs. The use of individual quotas, marine reserves, and harvest control rules with estimated limit reference points had little overall effect on stock status. More valuable fisheries were maintained closer to management targets and were less variable over time than stocks with lower catches or ex-vessel prices. Together these results suggest there is no single effective management measure for meeting conservation objectives; if scientifically established quotas are set and enforced, a variety of means can be used to ensure that exploitation rates and biomass levels are near to or more conservative than management targets.

Effects of harvesting on spatial and temporal diversity of carbon stocks in a boreal forest landscape.

PubMed

Ter-Mikaelian, Michael T; Colombo, Stephen J; Chen, Jiaxin

2013-10-01

Carbon stocks in managed forests of Ontario, Canada, and in harvested wood products originated from these forests were estimated for 2010-2100. Simulations included four future forest harvesting scenarios based on historical harvesting levels (low, average, high, and maximum available) and a no-harvest scenario. In four harvesting scenarios, forest carbon stocks in Ontario's managed forest were estimated to range from 6202 to 6227 Mt C (millions of tons of carbon) in 2010, and from 6121 to 6428 Mt C by 2100. Inclusion of carbon stored in harvested wood products in use and in landfills changed the projected range in 2100 to 6710-6742 Mt C. For the no-harvest scenario, forest carbon stocks were projected to change from 6246 Mt C in 2010 to 6680 Mt C in 2100. Spatial variation in projected forest carbon stocks was strongly related to changes in forest age (r = 0.603), but had weak correlation with harvesting rates. For all managed forests in Ontario combined, projected carbon stocks in combined forest and harvested wood products converged to within 2% difference by 2100. The results suggest that harvesting in the boreal forest, if applied within limits of sustainable forest management, will eventually have a relatively small effect on long-term combined forest and wood products carbon stocks. However, there was a large time lag to approach carbon equality, with more than 90 years with a net reduction in stored carbon in harvested forests plus wood products compared to nonharvested boreal forest which also has low rates of natural disturbance. The eventual near equivalency of carbon stocks in nonharvested forest and forest that is harvested and protected from natural disturbance reflects both the accumulation of carbon in harvested wood products and the relatively young age at which boreal forest stands undergo natural succession in the absence of disturbance.

Index Fund Selections with GAs and Classifications Based on Turnover

NASA Astrophysics Data System (ADS)

Orito, Yukiko; Motoyama, Takaaki; Yamazaki, Genji

It is well known that index fund selections are important for the risk hedge of investment in a stock market. The`selection’means that for`stock index futures’, n companies of all ones in the market are selected. For index fund selections, Orito et al.(6) proposed a method consisting of the following two steps : Step 1 is to select N companies in the market with a heuristic rule based on the coefficient of determination between the return rate of each company in the market and the increasing rate of the stock price index. Step 2 is to construct a group of n companies by applying genetic algorithms to the set of N companies. We note that the rule of Step 1 is not unique. The accuracy of the results using their method depends on the length of time data (price data) in the experiments. The main purpose of this paper is to introduce a more`effective rule’for Step 1. The rule is based on turnover. The method consisting of Step 1 based on turnover and Step 2 is examined with numerical experiments for the 1st Section of Tokyo Stock Exchange. The results show that with our method, it is possible to construct the more effective index fund than the results of Orito et al.(6). The accuracy of the results using our method depends little on the length of time data (turnover data). The method especially works well when the increasing rate of the stock price index over a period can be viewed as a linear time series data.

Carbon stock and carbon turnover in boreal and temperate forests - Integration of remote sensing data and global vegetation models

NASA Astrophysics Data System (ADS)

Thurner, Martin; Beer, Christian; Carvalhais, Nuno; Forkel, Matthias; Tito Rademacher, Tim; Santoro, Maurizio; Tum, Markus; Schmullius, Christiane

2016-04-01

Long-term vegetation dynamics are one of the key uncertainties of the carbon cycle. There are large differences in simulated vegetation carbon stocks and fluxes including productivity, respiration and carbon turnover between global vegetation models. Especially the implementation of climate-related mortality processes, for instance drought, fire, frost or insect effects, is often lacking or insufficient in current models and their importance at global scale is highly uncertain. These shortcomings have been due to the lack of spatially extensive information on vegetation carbon stocks, which cannot be provided by inventory data alone. Instead, we recently have been able to estimate northern boreal and temperate forest carbon stocks based on radar remote sensing data. Our spatially explicit product (0.01° resolution) shows strong agreement to inventory-based estimates at a regional scale and allows for a spatial evaluation of carbon stocks and dynamics simulated by global vegetation models. By combining this state-of-the-art biomass product and NPP datasets originating from remote sensing, we are able to study the relation between carbon turnover rate and a set of climate indices in northern boreal and temperate forests along spatial gradients. We observe an increasing turnover rate with colder winter temperatures and longer winters in boreal forests, suggesting frost damage and the trade-off between frost adaptation and growth being important mortality processes in this ecosystem. In contrast, turnover rate increases with climatic conditions favouring drought and insect outbreaks in temperate forests. Investigated global vegetation models from the Inter-Sectoral Impact Model Intercomparison Project (ISI-MIP), including HYBRID4, JeDi, JULES, LPJml, ORCHIDEE, SDGVM, and VISIT, are able to reproduce observation-based spatial climate - turnover rate relationships only to a limited extent. While most of the models compare relatively well in terms of NPP, simulated vegetation carbon stocks are severely biased compared to our biomass dataset. Current limitations lead to considerable uncertainties in the estimated vegetation carbon turnover, contributing substantially to the forest feedback to climate change. Our results are the basis for improving mortality concepts in models and estimating their impact on the land carbon balance.

Seagrass meadows as a globally significant carbonate reservoir

NASA Astrophysics Data System (ADS)

Mazarrasa, I.; Marbà, N.; Lovelock, C. E.; Serrano, O.; Lavery, P. S.; Fourqurean, J. W.; Kennedy, H.; Mateo, M. A.; Krause-Jensen, D.; Steven, A. D. L.; Duarte, C. M.

2015-08-01

There has been growing interest in quantifying the capacity of seagrass ecosystems to act as carbon sinks as a natural way of offsetting anthropogenic carbon emissions to the atmosphere. However, most of the efforts have focused on the particulate organic carbon (POC) stocks and accumulation rates and ignored the particulate inorganic carbon (PIC) fraction, despite important carbonate pools associated with calcifying organisms inhabiting the meadows, such as epiphytes and benthic invertebrates, and despite the relevance that carbonate precipitation and dissolution processes have in the global carbon cycle. This study offers the first assessment of the global PIC stocks in seagrass sediments using a synthesis of published and unpublished data on sediment carbonate concentration from 403 vegetated and 34 adjacent un-vegetated sites. PIC stocks in the top 1 m of sediment ranged between 3 and 1660 Mg PIC ha-1, with an average of 654 ± 24 Mg PIC ha-1, exceeding those of POC reported in previous studies by about a factor of 5. Sedimentary carbonate stocks varied across seagrass communities, with meadows dominated by Halodule, Thalassia or Cymodocea supporting the highest PIC stocks, and tended to decrease polewards at a rate of -8 ± 2 Mg PIC ha-1 per degree of latitude (general linear model, GLM; p < 0.0003). Using PIC concentrations and estimates of sediment accretion in seagrass meadows, the mean PIC accumulation rate in seagrass sediments is found to be 126.3 ± 31.05 g PIC m-2 yr-1. Based on the global extent of seagrass meadows (177 000 to 600 000 km2), these ecosystems globally store between 11 and 39 Pg of PIC in the top metre of sediment and accumulate between 22 and 75 Tg PIC yr-1, representing a significant contribution to the carbonate dynamics of coastal areas. Despite the fact that these high rates of carbonate accumulation imply CO2 emissions from precipitation, seagrass meadows are still strong CO2 sinks as demonstrated by the comparison of carbon (PIC and POC) stocks between vegetated and adjacent un-vegetated sediments.

Interest and Inflation Risk: Investor Behavior

PubMed Central

González, María de la O; Jareño, Francisco; Skinner, Frank S.

2016-01-01

We examine investor behavior under interest and inflation risk in different scenarios. To that end, we analyze the relation between stock returns and unexpected changes in nominal and real interest rates and inflation for the US stock market. This relation is examined in detail by breaking the results down from the US stock market level to sector, sub-sector, and to individual industries as the ability of different industries to absorb unexpected changes in interest rates and inflation can vary by industry and by contraction and expansion sub-periods. While most significant relations are conventionally negative, some are consistently positive. This suggests some relevant implications on investor behavior. Thus, investments in industries with this positive relation can form a safe haven from unexpected changes in real and nominal interest rates. Gold has an insignificant beta during recessionary conditions hinting that Gold can be a safe haven during recessions. However, Gold also has a consistent negative relation to unexpected changes in inflation thereby damaging the claim that Gold is a hedge against inflation. PMID:27047418

Interest and Inflation Risk: Investor Behavior.

PubMed

González, María de la O; Jareño, Francisco; Skinner, Frank S

2016-01-01

We examine investor behavior under interest and inflation risk in different scenarios. To that end, we analyze the relation between stock returns and unexpected changes in nominal and real interest rates and inflation for the US stock market. This relation is examined in detail by breaking the results down from the US stock market level to sector, sub-sector, and to individual industries as the ability of different industries to absorb unexpected changes in interest rates and inflation can vary by industry and by contraction and expansion sub-periods. While most significant relations are conventionally negative, some are consistently positive. This suggests some relevant implications on investor behavior. Thus, investments in industries with this positive relation can form a safe haven from unexpected changes in real and nominal interest rates. Gold has an insignificant beta during recessionary conditions hinting that Gold can be a safe haven during recessions. However, Gold also has a consistent negative relation to unexpected changes in inflation thereby damaging the claim that Gold is a hedge against inflation.

Sward structure and nutritive value of Alexandergrass fertilized with nitrogen.

PubMed

Salvador, Paulo R; Pötter, Luciana; Rocha, Marta G; Hundertmarck, Anelise P; Sichonany, Maria José O; Amaral Neto, Luiz G; Negrini, Mateus; Moterle, Paulo H

2016-03-01

This experiment evaluated forage production, sward structure, stocking rate, weight gain per area and nutritive value of forage as grazed by beef heifers on Alexandergrass (Urochloa plantaginea (Link) Hitch) pasture fertilized with nitrogen (N): 0; 100; 200 or 300 kg of N/ha. The experiment was a completely randomized design following a repeated measurement arrangement. The experimental animals were Angus heifers with initial age and weight of 15 months and 241.5±5 kg, respectively. The grazing method was continuous, with put-and-take stocking. N utilization, regardless of the level, increase by 25% the daily forage accumulation rate and the weight gain per area by 23%. The level of 97.2 kg N/ha leads to a higher leaf blade mass and increases by 20% the leaf:stem ratio. Alterations in sward structure changes the nutritive value of forage as grazed. The utilization of 112.7 kg of N/ha allows the highest stocking rate (2049.8 kg of BW/ha), equivalent to 7.5 heifers per hectare.

78 FR 3058 - Self-Regulatory Organizations; National Stock Exchange, Inc.; Notice of Filing and Immediate...

Federal Register 2010, 2011, 2012, 2013, 2014

2013-01-15

... Organizations; National Stock Exchange, Inc.; Notice of Filing and Immediate Effectiveness of Proposed Rule... Mode provides ECNs with advertising through attributed quotations which facilitates an increasing rate... comments on the proposed rule change. III. Date of Effectiveness of the Proposed Rule Change and Timing for...

Ecosystem carbon stocks of micronesian mangrove forests

Treesearch

J. Boone Kauffman; Chris Heider; Thomas G. Cole; Kathleen A. Dwire; Daniel C. Donato

2011-01-01

Among the least studied ecosystem services of mangroves is their value as global carbon (C) stocks. This is significant as mangroves are subject to rapid rates of deforestation and therefore could be significant sources of atmospheric emissions. Mangroves could be key ecosystems in strategies addressing the mitigation of climate change though reduced deforestation. We...

12 CFR 615.5201 - Definitions.

Code of Federal Regulations, 2011 CFR

2011-01-01

... institution assumes more than its pro rata share of credit risk on a third-party asset or exposure; (5) Loans... its own right and carries such loan or lease assets on its books. Externally rated means that an..., except: (i) Stock that may be retired by the holder of the stock on repayment of the holder's loan, or...

Identifying Key Drivers of Return Reversal with Dynamical Bayesian Factor Graph.

PubMed

Zhao, Shuai; Tong, Yunhai; Wang, Zitian; Tan, Shaohua

2016-01-01

In the stock market, return reversal occurs when investors sell overbought stocks and buy oversold stocks, reversing the stocks' price trends. In this paper, we develop a new method to identify key drivers of return reversal by incorporating a comprehensive set of factors derived from different economic theories into one unified dynamical Bayesian factor graph. We then use the model to depict factor relationships and their dynamics, from which we make some interesting discoveries about the mechanism behind return reversals. Through extensive experiments on the US stock market, we conclude that among the various factors, the liquidity factors consistently emerge as key drivers of return reversal, which is in support of the theory of liquidity effect. Specifically, we find that stocks with high turnover rates or high Amihud illiquidity measures have a greater probability of experiencing return reversals. Apart from the consistent drivers, we find other drivers of return reversal that generally change from year to year, and they serve as important characteristics for evaluating the trends of stock returns. Besides, we also identify some seldom discussed yet enlightening inter-factor relationships, one of which shows that stocks in Finance and Insurance industry are more likely to have high Amihud illiquidity measures in comparison with those in other industries. These conclusions are robust for return reversals under different thresholds.

Dataset for an analysis of tourism and economic growth: A study of Sri Lanka.

PubMed

Kumar, Ronald Ravinesh; Stauvermann, Peter Josef

2016-09-01

We use the sample from 1978 to 2014 for the paper (doi:10.1016/j.tmp.2016.05.005). The data on GDP at constant 2005 USD (US dollar), and the gross fixed capital formation at constant 2005 USD are extracted from the World Bank (2015). The labour stock which includes direct and indirect employment and the tourism receipts (in USD) are sourced from the Sri Lanka Tourism Development Authority (http://www.sltda.lk/statistics). Tourism receipts as a per cent of GDP is used to measure tourism demand. The capital stock data is computed using perpetual inventory method, where a depreciation rate of 8 per cent is assumed with the initial capital stock as 1.05 times the GDP of 1969 at constant 2005 USD. The output per worker and capital per worker is computed by dividing the GDP and capital stock by the labour stock, respectively.

The Dow is Killing Me: Risky Health Behaviors and the Stock Market.

PubMed

Cotti, Chad; Dunn, Richard A; Tefft, Nathan

2015-07-01

We investigate how risky health behaviors and self-reported health vary with the Dow Jones Industrial Average (DJIA) and during stock market crashes. Because stock market indices are leading indicators of economic performance, this research contributes to our understanding of the macroeconomic determinants of health. Existing studies typically rely on the unemployment rate to proxy for economic performance, but this measure captures only one of many channels through which the economic environment may influence individual health decisions. We find that large, negative monthly DJIA returns, decreases in the level of the DJIA, and stock market crashes are widely associated with worsening self-reported mental health and more cigarette smoking, binge drinking, and fatal car accidents involving alcohol. These results are consistent with predictions from rational addiction models and have implications for research on the association between consumption and stock prices. Copyright © 2014 John Wiley & Sons, Ltd.

Forecasting Financial Extremes: A Network Degree Measure of Super-Exponential Growth.

PubMed

Yan, Wanfeng; van Tuyll van Serooskerken, Edgar

2015-01-01

Investors in stock market are usually greedy during bull markets and scared during bear markets. The greed or fear spreads across investors quickly. This is known as the herding effect, and often leads to a fast movement of stock prices. During such market regimes, stock prices change at a super-exponential rate and are normally followed by a trend reversal that corrects the previous overreaction. In this paper, we construct an indicator to measure the magnitude of the super-exponential growth of stock prices, by measuring the degree of the price network, generated from the price time series. Twelve major international stock indices have been investigated. Error diagram tests show that this new indicator has strong predictive power for financial extremes, both peaks and troughs. By varying the parameters used to construct the error diagram, we show the predictive power is very robust. The new indicator has a better performance than the LPPL pattern recognition indicator.

Evaluation of pig production practices, constraints and opportunities for improvement in smallholder production systems in Kenya.

PubMed

Mbuthia, Jackson Mwenda; Rewe, Thomas Odiwuor; Kahi, Alexander Kigunzu

2015-02-01

This study evaluated pig production practices by smallholder farmers in two distinct production systems geared towards addressing their constraints and prospects for improvement. The production systems evaluated were semi-intensive and extensive and differed in remoteness, market access, resource availability and pig production intensity. Data were collected using structured questionnaires where a total of 102 pig farmers were interviewed. Qualitative and quantitative research methods were employed to define the socioeconomic characteristics of the production systems, understanding the different roles that pigs play, marketing systems and constraints to production. In both systems, regular cash income and insurance against emergencies were ranked as the main reasons for rearing pigs. Marketing of pigs was mainly driven by the type of production operation. Finances, feeds and housing were identified as the major constraints to production. The study provides important parameters and identifies constraints important for consideration in design of sustainable production improvement strategies. Feeding challenges can be improved through understanding the composition and proper utilization of local feed resources. Provision of adequate housing would improve the stocking rates and control mating.

New strategies for the treatment of acute venous thromboembolism.

PubMed

Prandoni, Paolo; Lensing, Anthonie W A; Pesavento, Raffaele

2006-11-01

In recent years, new opportunities have emerged that have the potential to change rapidly the therapeutic scenario of patients with acute venous thromboembolism (VTE). Selected patients with deep vein thrombosis (DVT) can be treated effectively and safely at home with fixed doses of low molecular weight heparins. The prompt administration of compression elastic stockings in addition to anticoagulant drugs in patients with acute DVT has the potential to halve the rate of late postthrombotic sequelae. The long-term use of low molecular weight heparins is likely to be more effective than oral anticoagulants for the secondary prevention of VTE in patients with advanced malignancy. Patients with pulmonary embolism and right ventricular dysfunction might benefit from the early administration of thrombolytic drugs in combination with heparin to a greater extent than from heparin alone. Despite an impressive amount of clinical information on the proper duration of oral anticoagulants in patients with unprovoked VTE, the optimal long-term treatment of these patients remains undefined. Finally, new categories of drugs are emerging that have the potential to replace conventional anticoagulants in the near future. They include compounds that inhibit factor Xa or thrombin.

Productive responses of breeding Cashmere goats and their kids to different stocking rates on improved upland pastures.

PubMed

Celaya, R; Moreno-Gonzalo, J; López López, C; Ferreira, L M M; García, U; Ferre, I; Osoro, K

2016-03-01

Although goat meat production could be an option for diversification in improved upland pastures in northern Spain, precise information on the optimal grazing management to enhance goat performance and maximize production per unit land area is lacking. The objective of this study was to compare the effects of 3 stocking rates, high stocking rate (HSR; 20 goats/ha), medium stocking rate (MSR; 15 goats/ha), and low stocking rate (LSR; 10 goats/ha), on gastrointestinal (GI) nematode infections and productive responses of Cashmere goats grazing such pastures. Treatments were replicated twice on 6 paddocks sown with and and with a high presence of the native grass . The experiment lasted 3 grazing seasons (from spring to autumn). Pastures were sampled for sward height and botanical and proximate composition. Body weight and BCS changes of goats were monitored and GI nematode infections were assessed by fecal egg counts (FEC). The established treatments resulted in lower mean sward height in the HSR than in the MSR and LSR (9.6, 11.5, and 14.4 cm, respectively; < 0.001). Pasture botanical composition and nutritive quality did not differ between treatments. The mean FEC of does across the 3 grazing seasons were greater ( < 0.05) in the HSR than in the LSR. spp., , and were the most prevalent nematode species identified in coprocultures. Does showed more favorable ( < 0.001) BW and BCS changes in the LSR than in the MSR and HSR (-14, -30, and -52 g/d and -0.1, -0.3, and -0.7 BCS units [scale 1 to 5], respectively). Greater ( < 0.001) kids' BW gains were observed in the LSR and MSR (average 94 g/d) compared with the HSR (70 g/d). Inversely, kid output per unit land area was greater in the HSR than in the MSR and LSR (320, 258, and 192 kg∙ha∙yr, respectively; < 0.001), whereas daily kids' BW gains per hectare were greater ( < 0.001) in the HSR and MSR (average 1.37 kg∙d∙ha) compared with the LSR (0.98 kg∙d∙ha). A medium stocking rate of 15 goats/ha could represent the best compromise between animal health, performance, and productivity per unit land area in this type of upland pastures, but stricter controls of parasite levels during the grazing season would be necessary to avoid production losses, unless alternative nutraceuticals are provided.

Effects of feeding strategy on milk production, reproduction, pasture utilization, and economics of autumn-calving dairy cows in eastern North Carolina.

PubMed

Vibart, R E; Washburn, S P; Green, J T; Benson, G A; Williams, C M; Pacheco, D; Lopez-Villalobos, N

2012-02-01

A balance among stocking rate (SR), pasture management, and supplementary feeding is required to optimize overall farm performance and profitability in pasture-based dairying. Beginning in September 2003, a seasonal, autumn-calving, pasture-based farming system was established to address the effects of feeding strategy (FS; i.e., a unique combination of stocking and supplementation rate) on productive, reproductive, and economic performance of lactating herds over 3 yr. Eighty lactating cows (1/3 Holsteins, 1/3 Jerseys, and 1/3 crosses of those breeds) were randomly assigned to either a lesser stocking, lesser supplementation group [LSR; 2.2 cows/ha, 6.3 kg of dry matter (DM) of a corn-based concentrate consumed daily, n=40] or a greater stocking, greater supplementation group (HSR; 3.3 cows/ha, 9.2 kg of DM of a corn-based concentrate consumed daily, n=40). Pasture/forage crop rotations included annual ryegrass and sorghum-Sudan (50%), annual ryegrass and bermudagrass (20%), and a tall fescue-white clover pasture (30%). Pre- and postgrazing herbage mass values and grazing intervals (3,347±255.8 kg of DM/ha, 1,861±160.6 kg of DM/ha, 23.6±1.9 d) did not differ between FS. The nutritive value of fresh and conserved forages was similar between feeding strategies, except for acid detergent fiber in freshly grazed bermudagrass (29.6 vs. 26.3% of DM for LSR and HSR, respectively). Cows on HSR tended to spend more time on an adjacent feeding area where conserved forages were offered (85 vs. 61 d/yr) as opposed to grazing paddocks (204 vs. 228 d/yr). Lactation performance was greater for HSR; cows on HSR produced 10.8% more milk fat and 6.3% more milk protein than cows on LSR. Holstein cows produced the greatest amounts of mature-equivalent milk, but did not differ from crossbred cows in terms of energy-corrected milk, and mature-equivalent fat and protein yields. Reproductive efficiency did not differ among feeding strategy, but breed differences were observed; conception rates at first and all services, as well as pregnancy rates, were greater for Jersey and crossbred cows compared with Holsteins. The greater stocking rate required additional supplemental concentrate and time away from grazing paddocks, but reproductive efficiency was similar and overall lactation performance was greater. The greater stocking rate resulted in increased productivity and greater income over feed costs per unit of land. Copyright © 2012 American Dairy Science Association. Published by Elsevier Inc. All rights reserved.

Estimating the carbon dynamics of South Korean forests from 1954 to 2012

NASA Astrophysics Data System (ADS)

Lee, J.; Yoon, T. K.; Han, S.; Kim, S.; Yi, M. J.; Park, G. S.; Kim, C.; Kim, R.; Son, Y.

2014-03-01

Forests play an important role in the global carbon (C) cycle, and the South Korean forests also contribute to this global C cycle. While the South Korean forest ecosystem was almost completely destroyed by exploitation and the Korean War, it has successfully recovered because of national-scale reforestation programs since 1973. There have been several studies on the estimation of C stocks and balances in the South Korean forests over the past decades. However, a retrospective long-term study including biomass and dead organic matter (DOM) C and validating DOM C is still insufficient. Accordingly, we estimated the C stocks and balances of both biomass and DOM C during 1954-2012 using a~process-based model, the Korean Forest Soil Carbon model, and the 5th Korean National Forest Inventory (NFI) report. Validation processes were also conducted based on the 5th NFI and statistical data. Simulation results showed that the biomass C stocks increased from 36.4 to 440.4 Tg C and sequestered C at a rate of 7.0 Tg C yr-1 during 1954-2012. The DOM C stocks increased from 386.0 to 463.1 Tg C and sequestered C at a rate of 1.3 Tg C yr-1 during the same period. The estimates of biomass and DOM C stocks agreed well with observed C stock data. The annual net biome production (NBP) during 1954-2012 was 141.3 g C m-2 yr-1, which increased from -8.8 to 436.6 g C m-2 yr-1 in 1955 and 2012, respectively. Compared to forests in other countries and global forests, the annual C sink rate of South Korean forests was much lower, but the NBP was much higher. Our results could provide the forest C dynamics in South Korean forests before and after the onset of reforestation programs.

Otolith edge fingerprints as approach for stock identification of Genidens barbus

NASA Astrophysics Data System (ADS)

Avigliano, Esteban; Maichak de Carvalho, Barbara; Leisen, Mathieu; Romero, Rurik; Velasco, Gonzalo; Vianna, Marcelo; Barra, Fernando; Volpedo, Alejandra Vanina

2017-07-01

The purpose of this paper is to assess the use of multi-elemental otolith fingerprints as a tool to delimit catfish Genidens barbus fish stocks in four estuaries from the southwestern Atlantic Ocean. Barium:Calcium (Ca), Magnesium:Ca, Manganese:Ca, Sodium:Ca and Strontium:Ca ratios in the otolith edge were determined by LA-ICPMS. PERMANOVA analysis reveal significant differences in the multi-element signatures among estuaries (p = 0.0001-0.002). Reclassification rates of quadratic discriminant analysis are high, averaging 89.9% (78-100%). The new data presented here show that the otolith chemistry is a potential tool for stock identification, and indicates the presence of at least four stocks which should probably be handled independently.

Growth, dispersal, mortality, and contribution of largemouth bass stocked into Chickamauga Lake, Tennessee

USGS Publications Warehouse

Hoffman, K.J.; Bettoli, P.W.

2005-01-01

Marked fingerling largemouth bass Micropterus salmoides (both northern M. s. salmoides and Florida subspecies M. s. floridanus and their hybrid) were stocked into Chickamauga Lake, Tennessee, to enhance angling and introgress the Florida subspecies into the local gene pool. We evaluated mass marking and stocking success by sampling the stocked fish for 1 year poststocking. More than 128,000 fingerlings (35-64 mm total length) were immersed in a solution of 500 mg/L oxytetracycline (OTC) for 6 h and stocked into four embayments in the lake in spring 2002; two additional embayments served as controls and were not stocked (these embayments contained only wild, indigenous fish). In a blind test, 97% of sagittal otoliths were correctly scored as marked or unmarked. In a subsequent test, the OTC marks were clearly visible on every otolith removed from 240 OTC-treated bass held for 30 d. Age-0 largemouth bass were sampled with DC electrofishing gear at 7-19, 44-61, and 119-139 d after stocking, and sampling was conducted along 100-m transects within 1 km of the stocking sites in each embayment. Of all recaptures in the first sample, 31% occurred more than 600 m from the nearest stocking site, indicating rapid dispersal by some fish. Survival of stocked and wild age-0 largemouth bass was similar and low (4.5-6.9%) in two embayments; in the other two embayments, stocked fish survived at lower rates (0-4.3%) than wild fish (33.7-49.9%). Mean catches of all age-0 largemouth bass in the first sample were positively related to the number of fish stocked. By October 2002, the mean catch of all age-0 largemouth bass was similar among embayments. Contribution of stocked fish declined to approximately 2% (2 of 91 fish) the following spring. Cost per fingerling increased from US$0.35 at stocking to $12.00 at 140 d poststocking. Increasing the abundance of largemouth bass was not the primary objective of this stocking effort, but stocked fish will have to survive much better if managers hope to introgress Florida largemouth bass genes into the resident population genome.

Estimating forest carbon dynamics in South Korea from 1954 to 2050 - coupling global forestry model and forest soil carbon model

NASA Astrophysics Data System (ADS)

Lee, Jongyeol; Kim, Moonil; Lakyda, Ivan; Pietsch, Stephan; Shvidenko, Anatoly; Kraxner, Florian; Forsell, Nicklas; Son, Yowhan

2016-04-01

There have been demands on reporting national forest carbon (C) inventories to mitigate global climate change. Global forestry models estimate growth of stem volume and C at various spatial and temporal scales but they do not consider dead organic matter (DOM) C. In this study, we simulated national forest C dynamics in South Korea with a calibrated global forestry model (G4M model) and a module of DOM C dynamics in Korean forest C model (FBDC model). 3890 simulation units (1-16 km2) were established in entire South Korea. Growth functions of stem for major tree species (Pinus densiflora, P. rigida, Larix kaempferi, Quercus variabilis, Q. mongolica, and Q. acutissima) were estimated by internal mechanism of G4M model and Korean yield tables. C dynamics in DOMs were determined by balance between input and output (decomposition) of DOMs in the FBDC model. Annual input of DOM was estimated by multiplying C stock of biomass compartment with turnover rate. Decomposition of DOM was estimated by C stock of DOM, mean air temperature, and decay rate. C stock in each C pool was initialized by spin-up process with consideration of severe deforestation by Japanese exploitation and Korean War. No disturbance was included in the simulation process. Total forest C stock (Tg C) and mean C density (Mg C ha-1) decreased from 657.9 and 112.1 in 1954 to 607.2 and 103.4 in 1973. Especially, C stock in mineral soil decreased at a rate of 0.5 Mg C ha-1 yr-1 during the period due to suppression of regeneration. However, total forest C stock (Tg C) and mean C density (Mg C ha-1) gradually increased from 607.0 and 103.4 in 1974 to 1240.7 and 211.3 in 2015 due to the national reforestation program since 1973. After the reforestation program, Korean forests became C sinks. Model estimates were also verified by comparison of these estimates and national forest inventory data (2006-2010). High similarity between the model estimates and the inventory data showed a reliability of down-scaled global forestry model and integration of DOM C module. Finally, total C stock gradually increased to 1749.8 Tg C in 2050 at a rate of 2.5 Tg C yr-1 and it might be attributed to mature of forest. However, total forest C stock might be overestimated in the future due to the exclusion of disturbance in simulation. This study was supported by Korea Forest Service (S111315L100120) and Korean Ministry of Environment (2014001310008).

How long is the memory of the US stock market?

NASA Astrophysics Data System (ADS)

Ferreira, Paulo; Dionísio, Andreia

2016-06-01

The Efficient Market Hypothesis (EMH), one of the most important hypothesis in financial economics, argues that return rates have no memory (correlation) which implies that agents cannot make abnormal profits in financial markets, due to the possibility of arbitrage operations. With return rates for the US stock market, we corroborate the fact that with a linear approach, return rates do not show evidence of correlation. However, linear approaches might not be complete or global, since return rates could suffer from nonlinearities. Using detrended cross-correlation analysis and its correlation coefficient, a methodology which analyzes long-range behavior between series, we show that the long-range correlation of return rates only ends in the 149th lag, which corresponds to about seven months. Does this result undermine the EMH?

The dynamic conditional relationship between stock market returns and implied volatility

NASA Astrophysics Data System (ADS)

Park, Sung Y.; Ryu, Doojin; Song, Jeongseok

2017-09-01

Using the dynamic conditional correlation multivariate generalized autoregressive conditional heteroskedasticity (DCC-MGARCH) model, we empirically examine the dynamic relationship between stock market returns (KOSPI200 returns) and implied volatility (VKOSPI), as well as their statistical mechanics, in the Korean market, a representative and leading emerging market. We consider four macroeconomic variables (exchange rates, risk-free rates, term spreads, and credit spreads) as potential determinants of the dynamic conditional correlation between returns and volatility. Of these macroeconomic variables, the change in exchange rates has a significant impact on the dynamic correlation between KOSPI200 returns and the VKOSPI, especially during the recent financial crisis. We also find that the risk-free rate has a marginal effect on this dynamic conditional relationship.

An Applied Framework for Incorporating Multiple Sources of Uncertainty in Fisheries Stock Assessments.

PubMed

Scott, Finlay; Jardim, Ernesto; Millar, Colin P; Cerviño, Santiago

2016-01-01

Estimating fish stock status is very challenging given the many sources and high levels of uncertainty surrounding the biological processes (e.g. natural variability in the demographic rates), model selection (e.g. choosing growth or stock assessment models) and parameter estimation. Incorporating multiple sources of uncertainty in a stock assessment allows advice to better account for the risks associated with proposed management options, promoting decisions that are more robust to such uncertainty. However, a typical assessment only reports the model fit and variance of estimated parameters, thereby underreporting the overall uncertainty. Additionally, although multiple candidate models may be considered, only one is selected as the 'best' result, effectively rejecting the plausible assumptions behind the other models. We present an applied framework to integrate multiple sources of uncertainty in the stock assessment process. The first step is the generation and conditioning of a suite of stock assessment models that contain different assumptions about the stock and the fishery. The second step is the estimation of parameters, including fitting of the stock assessment models. The final step integrates across all of the results to reconcile the multi-model outcome. The framework is flexible enough to be tailored to particular stocks and fisheries and can draw on information from multiple sources to implement a broad variety of assumptions, making it applicable to stocks with varying levels of data availability The Iberian hake stock in International Council for the Exploration of the Sea (ICES) Divisions VIIIc and IXa is used to demonstrate the framework, starting from length-based stock and indices data. Process and model uncertainty are considered through the growth, natural mortality, fishing mortality, survey catchability and stock-recruitment relationship. Estimation uncertainty is included as part of the fitting process. Simple model averaging is used to integrate across the results and produce a single assessment that considers the multiple sources of uncertainty.

Stocking Density Optimization for Enhanced Bioconversion of Fly Ash Enriched Vermicompost.

PubMed

Mupambwa, Hupenyu A; Mnkeni, Pearson N S

2016-05-01

Although it is widely agreed that stocking density critically affects the rate of vermicomposting, there is no established stocking density for mixtures of fly ash and other waste materials. This study sought to optimize (Savigny, 1826) stocking density for effective biodegradation and nutrient release in a fly ash-cow dung-waste paper (FCP) mixture. Four stocking densities of 0, 12.5, 25, and 37.5 g worms kg were evaluated. Although the 12.5, 25, and 37.5 g worms kg treatments all resulted in a mature vermicompost, stocking densities of 25 and 37.5 g worms kg resulted in faster maturity, higher humification parameters, and a significantly lower final C/N ratio (range 11.1-10.4). The activity of β-glucosidase and fluorescein diacetate hydrolysis enzymes showed faster stabilization at stocking densities of 25 and 37.5 g worms kg, indicating compost stability and maturity. Similarly, a stocking density of 25 g worms kg resulted in the highest release of Olsen-extractable P and (NO + NO)-N contents. The 0-, 12.5-, 25-, and 37.5-g treatments resulted in net Olsen P increases of 16.3, 38.9, 61.0, and 53.0%, respectively, after 10 wk. Although compost maturity could be attained at stocking densities of 12.5 g worms kg, for faster production of humified and nutrient-rich FCP vermicompost, a stocking density of 25 g worms kg seems most appropriate. Copyright © by the American Society of Agronomy, Crop Science Society of America, and Soil Science Society of America, Inc.

Accounting for escape mortality in fisheries: implications for stock productivity and optimal management.

PubMed

Baker, Matthew R; Schindler, Daniel E; Essington, Timothy E; Hilborn, Ray

2014-01-01

Few studies have considered the management implications of mortality to target fish stocks caused by non-retention in commercial harvest gear (escape mortality). We demonstrate the magnitude of this previously unquantified source of mortality and its implications for the population dynamics of exploited stocks, biological metrics, stock productivity, and optimal management. Non-retention in commercial gillnet fisheries for Pacific salmon (Oncorhynchus spp.) is common and often leads to delayed mortality in spawning populations. This represents losses, not only to fishery harvest, but also in future recruitment to exploited stocks. We estimated incidence of non-retention in Alaskan gillnet fisheries for sockeye salmon (O. nerka) and found disentanglement injuries to be extensive and highly variable between years. Injuries related to non-retention were noted in all spawning populations, and incidence of injury ranged from 6% to 44% of escaped salmon across nine river systems over five years. We also demonstrate that non-retention rates strongly correlate with fishing effort. We applied maximum likelihood and Bayesian approaches to stock-recruitment analyses, discounting estimates of spawning salmon to account for fishery-related mortality in escaped fish. Discounting spawning stock estimates as a function of annual fishing effort improved model fits to historical stock-recruitment data in most modeled systems. This suggests the productivity of exploited stocks has been systematically underestimated. It also suggests that indices of fishing effort may be used to predict escape mortality and correct for losses. Our results illustrate how explicitly accounting for collateral effects of fishery extraction may improve estimates of productivity and better inform management metrics derived from estimates of stock-recruitment analyses.

Global socioeconomic carbon stocks in long-lived products 1900-2008

NASA Astrophysics Data System (ADS)

Lauk, Christian; Haberl, Helmut; Erb, Karl-Heinz; Gingrich, Simone; Krausmann, Fridolin

2012-09-01

A better understanding of the global carbon cycle as well as of climate change mitigation options such as carbon sequestration requires the quantification of natural and socioeconomic stocks and flows of carbon. A so-far under-researched aspect of the global carbon budget is the accumulation of carbon in long-lived products such as buildings and furniture. We present a comprehensive assessment of global socioeconomic carbon stocks and the corresponding in- and outflows during the period 1900-2008. These data allowed calculation of the annual carbon sink in socioeconomic stocks during this period. The study covers the most important socioeconomic carbon fractions, i.e. wood, bitumen, plastic and cereals. Our assessment was mainly based on production and consumption data for plastic, bitumen and wood products and the respective fractions remaining in stocks in any given year. Global socioeconomic carbon stocks were 2.3 GtC in 1900 and increased to 11.5 GtC in 2008. The share of wood in total C stocks fell from 97% in 1900 to 60% in 2008, while the shares of plastic and bitumen increased to 16% and 22%, respectively. The rate of gross carbon sequestration in socioeconomic stocks increased from 17 MtC yr-1 in 1900 to a maximum of 247 MtC yr-1 in 2007, corresponding to 2.2%-3.4% of global fossil-fuel-related carbon emissions. We conclude that while socioeconomic carbon stocks are not negligible, their growth over time is not a major climate change mitigation option and there is an only modest potential to mitigate climate change by the increase of socioeconomic carbon stocks.

Virginia's forests, 1992

Treesearch

Michael T. Thompson; Tony G. Johnson

1994-01-01

Since 1986, area of timberland in Virginia declined by 1 percent and currently totals 15.4 million acres. Nonindustrial private owners control 77 percent of the State's timberland. Volume of softwood growing stock increased 6 percent to 6.6 billion cubic feet, and hardwood growing-stock volume was up by an equal rate to 19.8 billion cubic feet. Softwood net...

Coexistence Properties of Some Predator-Prey Systems under Constant Rate Harvesting and Stocking.

DTIC Science & Technology

1980-08-01

been given before for species in competition [Yodzis (1976), Reading (unpublished), Griffel (1979)). I -6- G=G (F) Fig.1 Gc FGFc Fig. 2 An we have...stocking of predator-prey systems, J. Math. Biology, to appear. 5. D. H. Griffel : Harvesting competing populations, Rocky Mountain J. of Math. 9, 87-91 (1979

Wood Products by Species and Quality in Upland Forests

Treesearch

David W. Patterson

2004-01-01

Products that can be produced from an upland forest depend on the species and quality of the trees present. Quality depends on growth rate and tree form. These variables are discussed as well as the products that can be produced such as veneer and plywood, grade lumber, handle stock, pallet stock, cross ties, and industrial lumber.

78 FR 54700 - Self-Regulatory Organizations; NYSE Arca, Inc.; Order Granting Approval of Proposed Rule Change...

Federal Register 2010, 2011, 2012, 2013, 2014

2013-09-05

... common stocks; preferred securities; warrants to purchase common stocks or preferred securities... rated below investment grade at the time of purchase, or unrated securities deemed by the Fund's Adviser... contracts. The Fund may invest in such loans by purchasing assignments of all or a portion of loans or loan...

Migratory Patterns of Wild Chinook Salmon Oncorhynchus tshawytscha Returning to a Large, Free-Flowing River Basin

PubMed Central

Eiler, John H.; Evans, Allison N.; Schreck, Carl B.

2015-01-01

Upriver movements were determined for Chinook salmon Oncorhynchus tshawytscha returning to the Yukon River, a large, virtually pristine river basin. These returns have declined dramatically since the late 1990s, and information is needed to better manage the run and facilitate conservation efforts. A total of 2,860 fish were radio tagged during 2002–2004. Most (97.5%) of the fish tracked upriver to spawning areas displayed continual upriver movements and strong fidelity to the terminal tributaries entered. Movement rates were substantially slower for fish spawning in lower river tributaries (28–40 km d-1) compared to upper basin stocks (52–62 km d-1). Three distinct migratory patterns were observed, including a gradual decline, pronounced decline, and substantial increase in movement rate as the fish moved upriver. Stocks destined for the same region exhibited similar migratory patterns. Individual fish within a stock showed substantial variation, but tended to reflect the regional pattern. Differences between consistently faster and slower fish explained 74% of the within-stock variation, whereas relative shifts in sequential movement rates between “hares” (faster fish becoming slower) and “tortoises” (slow but steady fish) explained 22% of the variation. Pulses of fish moving upriver were not cohesive. Fish tagged over a 4-day period took 16 days to pass a site 872 km upriver. Movement rates were substantially faster and the percentage of atypical movements considerably less than reported in more southerly drainages, but may reflect the pristine conditions within the Yukon River, wild origins of the fish, and discrete run timing of the returns. Movement data can provide numerous insights into the status and management of salmon returns, particularly in large river drainages with widely scattered fisheries where management actions in the lower river potentially impact harvests and escapement farther upstream. However, the substantial variation exhibited among individual fish within a stock can complicate these efforts. PMID:25919286

Migratory Patterns of Chinook Salmon Oncorhynchus tshawytscha Returning to a Large, Free-flowing River Basin

USGS Publications Warehouse

Eiler, John H.; Evans, Allison N.; Schreck, Carl B.

2015-01-01

Upriver movements were determined for Chinook salmon Oncorhynchus tshawytscha returning to the Yukon River, a large, virtually pristine river basin. These returns have declined dramatically since the late 1990s, and information is needed to better manage the run and facilitate conservation efforts. A total of 2,860 fish were radio tagged during 2002–2004. Most (97.5%) of the fish tracked upriver to spawning areas displayed continual upriver movements and strong fidelity to the terminal tributaries entered. Movement rates were substantially slower for fish spawning in lower river tributaries (28–40 km d-1) compared to upper basin stocks (52–62 km d-1). Three distinct migratory patterns were observed, including a gradual decline, pronounced decline, and substantial increase in movement rate as the fish moved upriver. Stocks destined for the same region exhibited similar migratory patterns. Individual fish within a stock showed substantial variation, but tended to reflect the regional pattern. Differences between consistently faster and slower fish explained 74% of the within-stock variation, whereas relative shifts in sequential movement rates between “hares” (faster fish becoming slower) and “tortoises” (slow but steady fish) explained 22% of the variation. Pulses of fish moving upriver were not cohesive. Fish tagged over a 4-day period took 16 days to pass a site 872 km upriver. Movement rates were substantially faster and the percentage of atypical movements considerably less than reported in more southerly drainages, but may reflect the pristine conditions within the Yukon River, wild origins of the fish, and discrete run timing of the returns. Movement data can provide numerous insights into the status and management of salmon returns, particularly in large river drainages with widely scattered fisheries where management actions in the lower river potentially impact harvests and escapement farther upstream. However, the substantial variation exhibited among individual fish within a stock can complicate these efforts.

Life history of the sea lamprey of Cayugaf Lake, New York

USGS Publications Warehouse

Wigley, Roland L.

1959-01-01

A life history study of the sea lamprey, Petromyson marinus Linnaeus, in Cayuga Lake, N.Y., was conducted during 1950, 1951, and 1952. One of the major objectives was to obtain biological data concerning this endemic stock of sea lampreys for comparison with the newly established stocks in the Great Lakes. Sexually mature sea lampreys captured on their spawning migration in Cayuga Inlet were the basis of much of this study. Such items as meristic counts, body proportions, body color, sex ratios, lengths and weights, fecundity, rate of upstream travel, effect of dams in retarding upstream movement, nesting habits, parasites, predators, estimates of abundance, and morphological changes were based on mature upstream migrants. Sea lampreys were procured by weir and trap operations and captured by hand. Tagging and marking' programs each spring made it possible to determine movements and morphological changes of individual lampreys, in addition to estimating the number of upstream migrants. Growth of parasitic-phase sea lampreys was estimated from measurements of specimens captured in Cayuga Inlet and Cayuga Lake proper. The incubation period of lamprey eggs and the habits of ammocoetes and transforming lampreys were ascertained from specimens kept in hatchery troughs and raceways. Length-frequency and weight-frequency distributions, together with the length-weight regression, of ammocoetes from Cayuga Inlet were utilized for estimating the duration of their larval life. Lake trout, Salvelinus n. namayc"Ush (Walbaum), from Cayuga Lake and Seneca Lake were the subject of an inquiry into the effects of sea lamprey attacks. Incidence of sea lamprey attacks on the white sucker, Catosto7llus c. commerson/: (LacepMe), was investigated. Three methods are suggested for reducing the number of sea lampreys in Cayuga Lake.

Do foreign exchange and equity markets co-move in Latin American region? Detrended cross-correlation approach

NASA Astrophysics Data System (ADS)

Bashir, Usman; Yu, Yugang; Hussain, Muntazir; Zebende, Gilney F.

2016-11-01

This paper investigates the dynamics of the relationship between foreign exchange markets and stock markets through time varying co-movements. In this sense, we analyzed the time series monthly of Latin American countries for the period from 1991 to 2015. Furthermore, we apply Granger causality to verify the direction of causality between foreign exchange and stock market and detrended cross-correlation approach (ρDCCA) for any co-movements at different time scales. Our empirical results suggest a positive cross correlation between exchange rate and stock price for all Latin American countries. The findings reveal two clear patterns of correlation. First, Brazil and Argentina have positive correlation in both short and long time frames. Second, the remaining countries are negatively correlated in shorter time scale, gradually moving to positive. This paper contributes to the field in three ways. First, we verified the co-movements of exchange rate and stock prices that were rarely discussed in previous empirical studies. Second, ρDCCA coefficient is a robust and powerful methodology to measure the cross correlation when dealing with non stationarity of time series. Third, most of the studies employed one or two time scales using co-integration and vector autoregressive approaches. Not much is known about the co-movements at varying time scales between foreign exchange and stock markets. ρDCCA coefficient facilitates the understanding of its explanatory depth.

Models to compare management options for a protogynous fish.

PubMed

Heppell, Selina S; Heppell, Scott A; Coleman, Felicia C; Koenig, Christopher C

2006-02-01

Populations of gag (Mycteroperca microlepis), a hermaphroditic grouper, have experienced a dramatic shift in sex ratio over the past 25 years due to a decline in older age classes. The highly female-skewed sex ratio can be predicted as a consequence of increased fishing mortality that truncates the age distribution, and raises some concern about the overall fitness of the population. Management efforts may need to be directed toward maintenance of sex ratio as well as stock size, with evaluations of recruitment based on sex ratio or male stock size in addition to the traditional female-based stock-recruitment relationship. We used two stochastic, age-structured models to heuristically compare the effects of reducing fishing mortality on different life history stages and the relative impact of reductions in fertilization rates that may occur with highly skewed sex ratios. Our response variables included population size, sex ratio, lost egg fertility, and female spawning stock biomass. Population growth rates were highest for scenarios that reduced mortality for female gag (nearshore closure), while improved sex ratios were obtained most quickly with spawning reserves. The effect of reduced fertility through sex ratio bias was generally low but depended on the management scenario employed. Our results demonstrate the utility of evaluation of fishery management scenarios through model analysis and simulation, the synergistic interaction of life history and response to changes in mortality rates, and the importance of defining management goals.

Health Effects of Short-Term Fluctuations in Macroeconomic Conditions: The Case of Hypertension for Older Americans.

PubMed

Angrisani, Marco; Lee, Jinkook

2016-11-01

We investigate the health effects of short-term macroeconomic fluctuations as described by changes in unemployment rate, house, and stock market price indexes. The 'Great Recession' provides the opportunity to conduct this analysis as it involved contemporaneous shocks to the labor, housing, and stock markets. Using panel data from the Health and Retirement Study over the period 2004-2010, we relate changes in hypertension status to changes in state-level unemployment rate and house prices and to changes in stock market prices. We consider hypertension, a disease related to stress and of high prevalence among older adults, that has received little attention in the literature linking macroeconomic conditions to individual health. Our analysis exploits self-reports of hypertension diagnosis as well as directly measured blood pressure readings. Using both measures, we find that the likelihood of developing hypertension is negatively related to changes in house prices. Also, decreasing house prices lower the probability of stopping hypertension medication treatment for individuals previously diagnosed with the condition. We do not observe significant associations between hypertension and either changes in unemployment rate or stock market prices. We document heterogeneity in the estimated health effects of the recession by gender, education, asset ownership, and work status. Copyright © 2016 John Wiley & Sons, Ltd. Copyright © 2016 John Wiley & Sons, Ltd.

Vegetation shift from deciduous to evergreen dwarf shrubs in response to selective herbivory offsets carbon losses: evidence from 19 years of warming and simulated herbivory in the subarctic tundra.

PubMed

Ylänne, Henni; Stark, Sari; Tolvanen, Anne

2015-10-01

Selective herbivory of palatable plant species provides a competitive advantage for unpalatable plant species, which often have slow growth rates and produce slowly decomposable litter. We hypothesized that through a shift in the vegetation community from palatable, deciduous dwarf shrubs to unpalatable, evergreen dwarf shrubs, selective herbivory may counteract the increased shrub abundance that is otherwise found in tundra ecosystems, in turn interacting with the responses of ecosystem carbon (C) stocks and CO2 balance to climatic warming. We tested this hypothesis in a 19-year field experiment with factorial treatments of warming and simulated herbivory on the dominant deciduous dwarf shrub Vaccinium myrtillus. Warming was associated with a significantly increased vegetation abundance, with the strongest effect on deciduous dwarf shrubs, resulting in greater rates of both gross ecosystem production (GEP) and ecosystem respiration (ER) as well as increased C stocks. Simulated herbivory increased the abundance of evergreen dwarf shrubs, most importantly Empetrum nigrum ssp. hermaphroditum, which led to a recent shift in the dominant vegetation from deciduous to evergreen dwarf shrubs. Simulated herbivory caused no effect on GEP and ER or the total ecosystem C stocks, indicating that the vegetation shift counteracted the herbivore-induced C loss from the system. A larger proportion of the total ecosystem C stock was found aboveground, rather than belowground, in plots treated with simulated herbivory. We conclude that by providing a competitive advantage to unpalatable plant species with slow growth rates and long life spans, selective herbivory may promote aboveground C stocks in a warming tundra ecosystem and, through this mechanism, counteract C losses that result from plant biomass consumption. © 2015 John Wiley & Sons Ltd.

Changes in Wisconsin's Lake Michigan salmonid sport fishery, 1969-1985

USGS Publications Warehouse

Hansen, Michael J.; Schultz, Paul T.; Lasee, Becky A.

1990-01-01

The modern sport fishery for salmonids in Wisconsin waters of Lake Michigan was begun during 1963-1969 with the stocking of rainbow trout (Oncorhynchus mykiss), lake trout (Salvelinus namaycush), brook trout (S. fontinalis), brown trout (Salmo trutta), coho salmon (O. kisutch), and chinook salmon (O. tshawytscha). The fishery grew rapidly during 1969-1985 as angler effort increased 10-fold, catch rate doubled, and catch increased 20-fold. The stocking and catch became increasingly dominated by chinook salmon, with coho salmon and lake trout of secondary importance and brown, rainbow, and brook trout of least importance. Trolling dominated the fishery, particularly by launched-boat anglers and, more recently, by moored-boat anglers. Charter boat trolling grew the most continuously and had the highest catch rates. The catch by trollers was dominated by chinook and coho salmon and lake trout. Pier, stream, and shore anglers fished less overall, but had catch rates that were similar to launched-boat anglers. The catch by pier and shore anglers was spread among chinook and coho salmon, and lake, brown and rainbow trout. The catch by stream anglers was dominated by chinook salmon. The percentage of stocked fish that were subsequently caught (catch ratio) was highest for fingerling chinook salmon (12.9%). Yearling brook trout, brown trout, coho salmon, lake trout, and rainbow trout had intermediate catch ratios (5.1-9.8%). Fingerling brook trout, brown trout, and lake trout had the lowest catch ratios (2.5-3.5%). The catch ratio for rainbow trout dropped from 9.8 to 5.1% after stocking with a different strain (the Shasta strain). Fingerling rainbow trout produced the lowest returns (<0.5%). We derived stocking recommendations for each species and life stage based on these catch ratios, and catch objectives based on maintaining catch levels recorded during 1983-1985.

Stylized facts in internal rates of return on stock index and its derivative transactions

NASA Astrophysics Data System (ADS)

Pichl, Lukáš; Kaizoji, Taisei; Yamano, Takuya

2007-08-01

Universal features in stock markets and their derivative markets are studied by means of probability distributions in internal rates of return on buy and sell transaction pairs. Unlike the stylized facts in normalized log returns, the probability distributions for such single asset encounters incorporate the time factor by means of the internal rate of return, defined as the continuous compound interest. Resulting stylized facts are shown in the probability distributions derived from the daily series of TOPIX, S & P 500 and FTSE 100 index close values. The application of the above analysis to minute-tick data of NIKKEI 225 and its futures market, respectively, reveals an interesting difference in the behavior of the two probability distributions, in case a threshold on the minimal duration of the long position is imposed. It is therefore suggested that the probability distributions of the internal rates of return could be used for causality mining between the underlying and derivative stock markets. The highly specific discrete spectrum, which results from noise trader strategies as opposed to the smooth distributions observed for fundamentalist strategies in single encounter transactions may be useful in deducing the type of investment strategy from trading revenues of small portfolio investors.

Econonatology: the physics of the economy in labour

NASA Astrophysics Data System (ADS)

Struzik, Zbigniew R.

2003-06-01

A fear of crashes preoccupies stock market observers, both investors and economic decision makers (governments, banks). This is reflected in major efforts to predict future stock values. However, an economic system under prolonged stress may have in its nature to plunge to lower performance levels but recover without suffering damage. To support this claim, we draw parallels between two complex systems: that of the heart, as observed through the rate of heartbeat, and the economy, measured by the stock index record. The ultimate stress situation of fetal heartbeat during labour provides a conceptual basis for accommodating heavy crashes. It also suggests a different perspective for evaluating crashes and post crash recovery in order to diagnose, and (ultimately) prognose, ‘economic health’, in addition to monitoring the stock index value.

The Effect of Compression Stockings on Physiological and Psychological Responses after 5-km Performance in Recreationally Active Females.

PubMed

Treseler, Christine; Bixby, Walter R; Nepocatych, Svetlana

2016-07-01

Treseler, C, Bixby, WR, and Nepocatych, S. The effect of compression stockings on physiological and psychological responses after 5-Km performance in recreationally active females. J Strength Cond Res 30(7): 1985-1991, 2016-The purpose of the study was to examine the physiological and perceptual responses to wearing below-the-knee compression stockings (CS) after a 5-km running performance in recreationally active women. Nineteen women were recruited to participate in the study (20 ± 1 year, 61.4 ± 5.3 kg, 22.6 ± 3.9% body fat). Each participant completed two 5-km performance time trials with CS or regular socks in a counterbalanced order separated by 1 week. For each session, 5-km time, heart rate (HR), rate of perceived exertion (RPE), pain pressure threshold, muscle soreness (MS), and rate of perceived recovery were measured. There was no significant difference in average 5-km times between CS and regular socks (p = 0.74) and HR response (p = 0.42). However, significantly higher RPE and lower gain scores (%) for lower extremity MS but not for calf were observed with CS when compared with regular socks (p = 0.05, p = 0.01, and p = 0.3, respectively). Based on the results of this study, there were no significant improvements in average 5-km running time, heart rate, or perceived calf MS. However, participants perceived less MS in lower extremities and working harder with CS compared with regular socks. Compression stockings may not cause significant physiological improvements; however, there might be psychological benefits positively affecting postexercise recovery.

Optimization of Eisenia fetida stocking density for the bioconversion of rock phosphate enriched cow dung-waste paper mixtures.

PubMed

Unuofin, F O; Mnkeni, P N S

2014-11-01

Vermitechnology is gaining recognition as an environmental friendly waste management strategy. Its successful implementation requires that the key operational parameters like earthworm stocking density be established for each target waste/waste mixture. One target waste mixture in South Africa is waste paper mixed with cow dung and rock phosphate (RP) for P enrichment. This study sought to establish optimal Eisenia fetida stocking density for maximum P release and rapid bioconversion of RP enriched cow dung-paper waste mixtures. E. fetida stocking densities of 0, 7.5, 12.5, 17.5 and 22.5 g-worms kg(-1) dry weight of cow dung-waste paper mixtures were evaluated. The stocking density of 12.5 g-worms kg(-1) resulted in the highest earthworm growth rate and humification of the RP enriched waste mixture as reflected by a C:N ratio of <12 and a humic acid/fulvic acid ratio of >1.9 in final vermicomposts. A germination test revealed that the resultant vermicompost had no inhibitory effect on the germination of tomato, carrot, and radish. Extractable P increased with stocking density up to 22.5 g-worm kg(-1) feedstock suggesting that for maximum P release from RP enriched wastes a high stocking density should be considered. Copyright © 2014. Published by Elsevier Ltd.

Alabama: Taking Stock and Pushing Forward. 2014 State Progress Report on the Challenge to Lead 2020, Goals for Education

ERIC Educational Resources Information Center

Southern Regional Education Board (SREB), 2014

2014-01-01

"Taking Stock and Pushing Forward" (2014) reports states' progress toward the Challenge to Lead 2020 Goals for Education. State-specific documents report on student achievement as well as essential state policies to improve it. Among the many metrics: how states are improving achievement on NAEP, high school graduation rates, and access…

Virginia: Taking Stock and Pushing Forward. 2014 State Progress Report on the Challenge to Lead 2020, Goals for Education

ERIC Educational Resources Information Center

Southern Regional Education Board (SREB), 2014

2014-01-01

"Taking Stock and Pushing Forward" (2014) reports states' progress toward the Challenge to Lead 2020 Goals for Education. State-specific documents report on student achievement as well as essential state policies to improve it. Among the many metrics: how states are improving achievement on NAEP, high school graduation rates, and access…

Florida: Taking Stock and Pushing Forward. 2014 State Progress Report on the Challenge to Lead 2020, Goals for Education

ERIC Educational Resources Information Center

Southern Regional Education Board (SREB), 2014

2014-01-01

"Taking Stock and Pushing Forward" (2014) reports states' progress toward the Challenge to Lead 2020 Goals for Education. State-specific documents report on student achievement as well as essential state policies to improve it. Among the many metrics: how states are improving achievement on NAEP, high school graduation rates, and access…

Australian toon planted in Hawaii: tree quality, growth, and stocking

Treesearch

Herbert L. Wick; Robert E. Nelson; Libert K. Landgraf

1971-01-01

Tree quality and rates of growth and survival were higher in 5- to 8-year-old Australian toon (Toona australis) plantations on sites with deep soils, good drainage, and as or broken pahoehoe rock than in plantations on sites with poor drainage or unbroken pahoehoe rock. Stocking averaged 236 trees per acre. Spacing in initial plants should be about 6...

Bull Market Helped Endowments Earn Average of 17.2% in 1996.

ERIC Educational Resources Information Center

Nicklin, Julie L.

1997-01-01

The National Association of College and University Business Officers' annual survey of 1996 college endowment performance found the rate of return up 15.5% from the previous year, the best since 1986. The average institution had 51.6% of endowment in domestic stocks, 25.5% in domestic fixed-income investments, 9.5% in foreign stock, 5.4% in cash…

77 FR 64483 - Circular Welded Carbon-Quality Steel Pipe from the Socialist Republic of Vietnam: Notice of Final...

Federal Register 2010, 2011, 2012, 2013, 2014

2012-10-22

... Pipe from the Socialist Republic of Vietnam;'' ``Verification of the Sales Response of Midwest Air... Steel Joint Stock Company.... Sun Steel Joint Stock 4.57 Company. Huu Lien Asia Corporation........ Huu Lien Asia 4.57 Corporation. Hoa Phat Steel Pipe Co Hoa Phat Steel Pipe Co.. 4.57 Vietnam-Wide Rate \\13...

Sowing rates for reforestation by the seed-spotting method

Treesearch

Gilbert H. Schubert; Harry A. Fowells

1964-01-01

Presents guides to determine the number of seeds to sow per spot and the number of spots required per acre to obtain acceptable stocking. Based on theoretical probabilities, these guides were found to be reasonably close to actual field results When the probability-of-success was at least 55 percent. To compensate for lower actual stocking, increase the number of spots...

Sex recombination, and reproductive fitness: an experimental study using Paramecium

DOE Office of Scientific and Technical Information (OSTI.GOV)

Nyberg, D.

1982-08-01

The effect of sex and recombination on reproductive fitness are measured using five wild stocks of Paramecium primaurelia. Among the wild stocks there were highly significant differences in growth rates. No hybrid had as low a fitness as the least fit parental stock. Recombination produced genotypes of higher fitness than those of either parent only in the cross between the two stocks of lowest fitness. The increase in variance of fitness as a result of recombination was almost exclusively attributable to the generation lines with low fitness. The fitness consequences of sexuality and mate choice were stock specific; some individualsmore » leaving the most descendants by inbreeding, others by outcrossing. For most crosses the short-term advantage of sex, if any, accrue from the fusion of different gametes (hybrid vigor) and not from recombination. Since the homozygous genotype with the highest fitnes left the most progeny by inbreeding (no recombination), the persistence of conjugation in P. primaurelia is paradoxical. (JMT)« less

Lipase pre-hydrolysis enhance anaerobic biodigestion of soap stock from an oil refining industry.

PubMed

Cherif, Slim; Aloui, Fathi; Carrière, Frédéric; Sayadi, Sami

2014-01-01

A novel alcalophilic Staphylococcus haemolyticus strain with the lipolytic activity was used to perform enzymatic hydrolysis pretreatment of soap stock: a lipid rich solid waste from an oil refining industry. The culture liquid of the selected bacteria and an enzymatic preparation obtained by precipitation with ammonium sulphate from a filtrate of the same culture liquid were used for enzymatic pretreatment. The hydrolysis was carried with different incubation concentrations (10, 20 and 30%) of soap stock and the pretreatment efficiency was verified by running comparative biodegradability tests (crude and treated lipid waste). All pretreated assays showed higher reaction rate compared to crude lipid waste, which was confirmed by the increased levels of biogas production. The pretreatment of solutions containing 10% emulsified soap stock was optimized for 24 h hydrolysis time, enabling high-biogaz formation (800 ml). The use of enzymatic pre-treatment seemed to be a very promising alternative for treating soap stock having high fat contents.

Cold crucible Czochralski for solar cells

NASA Technical Reports Server (NTRS)

Trumble, T. M.

1982-01-01

The efficiency and radiation resistance of present silicon solar cells are a function of the oxygen and carbon impurities and the boron doping used to provide the proper resistivity material. The standard Czochralski process used grow single crystal silicon contaminates the silicon stock material due to the use of a quartz crucible and graphite components. The use of a process which replaces these elements with a water cooled copper to crucible has provided a major step in providing gallium doped (100) crystal orientation, low oxygen, low carbon, silicon. A discussion of the Cold Crucible Czochralski process and recent float Zone developments is provided.

Cold crucible Czochralski for solar cells

NASA Astrophysics Data System (ADS)

Trumble, T. M.

The efficiency and radiation resistance of present silicon solar cells are a function of the oxygen and carbon impurities and the boron doping used to provide the proper resistivity material. The standard Czochralski process used grow single crystal silicon contaminates the silicon stock material due to the use of a quartz crucible and graphite components. The use of a process which replaces these elements with a water cooled copper to crucible has provided a major step in providing gallium doped (100) crystal orientation, low oxygen, low carbon, silicon. A discussion of the Cold Crucible Czochralski process and recent float Zone developments is provided.

Population dynamics of Lake Ontario lake trout during 1985-2007

USGS Publications Warehouse

Brenden, Travis O.; Bence, James R.; Lantry, Brian F.; Lantry, Jana R.; Schaner, Ted

2011-01-01

Lake trout Salvelinus namaycush were extirpated from Lake Ontario circa 1950 owing to commercial and recreational fishing, predation by sea lampreys Petromyzon marinus, and habitat degradation. Since the 1970s, substantial efforts have been devoted to reestablishing a self-sustaining population through stocking, sea lamprey control, and harvest reduction. Although a stocking-supported population has been established, only limited natural reproduction has been detected. Since the 1990s, surveys have indicated a continuing decline in overall abundance despite fairly static stocking levels. We constructed a statistical catch-at-age model to describe the dynamics of Lake Ontario lake trout from 1985 to 2007 and explore what factor(s) could be causing the declines in abundance. Model estimates indicated that abundance had declined by approximately 76% since 1985. The factor that appeared most responsible for this was an increase in age-1 natural mortality rates from approximately 0.9 to 2.5 between 1985 and 2002. The largest source of mortality for age-2 and older fish was sea lamprey predation, followed by natural and recreational fishing mortality. Exploitation was low, harvest levels being uncertain and categorized by length rather than age. Accurate predictions of fishery harvest and survey catch per unit effort were obtained despite low harvest levels by using atypical data (e.g., numbers stocked as an absolute measure of recruitment) and a flexible modeling approach. Flexible approaches such as this might allow similar assessments for a wide range of lightly exploited stocks. The mechanisms responsible for declining age-1 lake trout survival are unknown, but the declines were coincident with an increase in the proportion of stocked fish that were of the Seneca strain and a decrease in the overall stocking rate. It is possible that earlier studies suggesting that Seneca strain lake trout would be successful in Lake Ontario are no longer applicable given the large ecosystem changes that have occurred subsequent to invasion by dreissenid mussels.

Consumption dynamics of the adult piscivorous fish community in Spirit Lake, Iowa

USGS Publications Warehouse

Liao, H.; Pierce, C.L.; Larscheid, J.G.

2004-01-01

At Spirit Lake, one of Iowa's most important fisheries, walleye Sander vitreus (formerly Stizostedion vitreum) is one of the most popular species with anglers. Despite a century of walleye stocking and management in Spirit Lake, walleye growth rate, size structure, and angler harvest continue to decline. Our purpose was to determine the magnitude and dynamics of walleye population consumption relative to those of other piscivorous species in Spirit Lake, which would allow managers to judge the feasibility of increasing the abundance, growth rate, and size structure of the walleye population. We quantified food consumption by the adult piscivorous fish community in Spirit Lake over a 3-year period. Data on population dynamics, diet, energy density, and water temperature from 1995 to 1997 were used in bioenergetics models to estimate total consumption by walleye, yellow perch Perca flavescens, smallmouth bass Micropterus dolomieu, largemouth bass Micropterus salmoides, black crappie Pomoxis nigromaculatus, and northern pike Esox lucius. Estimated annual consumption by the piscivorous community varied roughly fourfold, ranging from 154,752 kg in 1995 to 662,776 kg in 1997. Walleyes dominated total consumption, accounting for 68, 73, and 90% (1995-1997, respectively) of total food consumption. Walleyes were also the dominant consumers of fish, accounting for 76, 86, and 97% of piscivorous consumption; yellow perch followed, accounting for 16% of piscivorous consumption in 1995 and 12% in 1996. Yellow perch were the predominant fish prey species in all 3 years, accounting for 68, 52, and 36% of the total prey consumed. Natural reproduction is weak, so high walleye densities are maintained by intensive stocking. Walleye stocking drives piscivorous consumption in Spirit Lake, and yearly variation in the cannibalism of stocked walleye fry may be an important determinant of walleye year-class strength and angler success. Reducing walleye stocking intensity, varying stocking intensity from year to year, and attempting to match stocking intensity with the abundance of prey species other than walleye may improve the walleye fishery in Spirit Lake.

Above- and below-ground carbon stocks in an indigenous tree (Mytilaria laosensis) plantation chronosequence in subtropical China.

PubMed

Ming, Angang; Jia, Hongyan; Zhao, Jinlong; Tao, Yi; Li, Yuanfa

2014-01-01

More than 60% of the total area of tree plantations in China is in subtropical, and over 70% of subtropical plantations consist of pure stands of coniferous species. Because of the poor ecosystem services provided by pure coniferous plantations and the ecological instability of these stands, a movement is under way to promote indigenous broadleaf plantation cultivation as a promising alternative. However, little is known about the carbon (C) stocks in indigenous broadleaf plantations and their dependence on stand age. Thus, we studied above- and below-ground biomass and C stocks in a chronosequence of Mytilaria laosensis plantations in subtropical China; stands were 7, 10, 18, 23, 29 and 33 years old. Our assessments included tree, shrub, herb and litter layers. We used plot-level inventories and destructive tree sampling to determine vegetation C stocks. We also measured soil C stocks by analyses of soil profiles to 100 cm depth. C stocks in the tree layer dominated the above-ground ecosystem C pool across the chronosequence. C stocks increased with age from 7 to 29 years and plateaued thereafter due to a reduction in tree growth rates. Minor C stocks were found in the shrub and herb layers of all six plantations and their temporal fluctuations were relatively small. C stocks in the litter and soil layers increased with stand age. Total above-ground ecosystem C also increased with stand age. Most increases in C stocks in below-ground and total ecosystems were attributable to increases in soil C content and tree biomass. Therefore, considerations of C sequestration potential in indigenous broadleaf plantations must take stand age into account.

Optimization of Eisenia fetida stocking density for the bioconversion of rock phosphate enriched cow dung–waste paper mixtures

DOE Office of Scientific and Technical Information (OSTI.GOV)

Unuofin, F.O., E-mail: funmifrank2009@gmail.com; Mnkeni, P.N.S., E-mail: pmnkeni@ufh.ac.za

2014-11-15

Highlights: • Vermidegradation of RP-enriched waste mixtures is dependent on E. fetida stocking density. • A stocking density of 12.5 g-worms kg{sup -1} resulted in highly humified vermicomposts. • P release from RP-enriched waste vermicomposts increases with E. fetida stocking density. • RP-enriched waste vermicomposts had no inhibitory effect on seed germination. - Abstract: Vermitechnology is gaining recognition as an environmental friendly waste management strategy. Its successful implementation requires that the key operational parameters like earthworm stocking density be established for each target waste/waste mixture. One target waste mixture in South Africa is waste paper mixed with cow dung andmore » rock phosphate (RP) for P enrichment. This study sought to establish optimal Eisenia fetida stocking density for maximum P release and rapid bioconversion of RP enriched cow dung–paper waste mixtures. E. fetida stocking densities of 0, 7.5, 12.5, 17.5 and 22.5 g-worms kg{sup −1} dry weight of cow dung–waste paper mixtures were evaluated. The stocking density of 12.5 g-worms kg{sup −1} resulted in the highest earthworm growth rate and humification of the RP enriched waste mixture as reflected by a C:N ratio of <12 and a humic acid/fulvic acid ratio of >1.9 in final vermicomposts. A germination test revealed that the resultant vermicompost had no inhibitory effect on the germination of tomato, carrot, and radish. Extractable P increased with stocking density up to 22.5 g-worm kg{sup −1} feedstock suggesting that for maximum P release from RP enriched wastes a high stocking density should be considered.« less

Above- and Below-Ground Carbon Stocks in an Indigenous Tree (Mytilaria laosensis) Plantation Chronosequence in Subtropical China

PubMed Central

Zhao, Jinlong; Tao, Yi

2014-01-01

More than 60% of the total area of tree plantations in China is in subtropical, and over 70% of subtropical plantations consist of pure stands of coniferous species. Because of the poor ecosystem services provided by pure coniferous plantations and the ecological instability of these stands, a movement is under way to promote indigenous broadleaf plantation cultivation as a promising alternative. However, little is known about the carbon (C) stocks in indigenous broadleaf plantations and their dependence on stand age. Thus, we studied above- and below-ground biomass and C stocks in a chronosequence of Mytilaria laosensis plantations in subtropical China; stands were 7, 10, 18, 23, 29 and 33 years old. Our assessments included tree, shrub, herb and litter layers. We used plot-level inventories and destructive tree sampling to determine vegetation C stocks. We also measured soil C stocks by analyses of soil profiles to 100 cm depth. C stocks in the tree layer dominated the above-ground ecosystem C pool across the chronosequence. C stocks increased with age from 7 to 29 years and plateaued thereafter due to a reduction in tree growth rates. Minor C stocks were found in the shrub and herb layers of all six plantations and their temporal fluctuations were relatively small. C stocks in the litter and soil layers increased with stand age. Total above-ground ecosystem C also increased with stand age. Most increases in C stocks in below-ground and total ecosystems were attributable to increases in soil C content and tree biomass. Therefore, considerations of C sequestration potential in indigenous broadleaf plantations must take stand age into account. PMID:25343446

Contemporary management issues confronting fisheries science

NASA Astrophysics Data System (ADS)

Frank, Kenneth T.; Brickman, David

2001-06-01

Stock collapses have occurred worldwide. The most frequently cited cause is over-fishing, suggesting that fisheries management has been ineffective in controlling exploitation rates. The progression of a fishery from an over-exploited to a collapsed state involves impairment of the reproductive capacity of the target species, i.e. recruitment over-fishing. In many cases, this occurs by reduction of the spawning stock biomass (SSB) through the systematic elimination of spawning components within a stock complex. While operational definitions of minimum levels of SSB have been developed, they have seldom been applied and never adopted in a Canadian groundfish management context. The answer to the question of how much is enough to perpetuate a stock under exploitation has been illusive. Serebryakov [J. Cons. Int. Explor. Mer, 47 (1990) 267] has advocated definition of critical levels of SSB based on survival rates (R/SSB). We review his method and discuss the utility of the approach. An alternative approach to the problem of estimating minimum SSB is through a fundamental revision of the traditional stock and recruitment relationship. Explicit theoretical SSB thresholds below which reproduction/recruitment is severely impaired based upon density-dependent mating success (or Allee effects) is considered a superior approach to the question of how much is enough because of its ecological grounding. However, the successful application of this approach will require re-definition of the space/time scales of the management unit. Finally, support is growing for the establishment of closed areas or "no-take zones" as an alternative approach to managing the problems of fishing a stock complex by enabling sub-populations to escape fishing. While the expected benefits of areas protected from fishing are numerous, clear demonstrations of benefits of such areas in marine temperate ecosystems are lacking. In fact, unintended negative consequences may result from such actions.

Strengthening community health supply chain performance through an integrated approach: Using mHealth technology and multilevel teams in Malawi.

PubMed

Shieshia, Mildred; Noel, Megan; Andersson, Sarah; Felling, Barbara; Alva, Soumya; Agarwal, Smisha; Lefevre, Amnesty; Misomali, Amos; Chimphanga, Boniface; Nsona, Humphreys; Chandani, Yasmin

2014-12-01

In 2010, 7.6 million children under five died globally - largely due to preventable diseases. Majority of these deaths occurred in sub-Saharan Africa. As a strategy to reduce child mortality, the Government of Malawi, in 2008, initiated integrated community case management allowing health surveillance assistants (HSAs) to treat sick children in communities. Malawi however, faces health infrastructure challenges, including weak supply chain systems leading to low product availability. A baseline assessment conducted in 2010 identified data visibility, transport and motivation of HSAs as challenges to continuous product availability. The project designed a mHealth tool as part of two interventions to address these challenges. A mobile health (mHealth) technology - cStock, for reporting on community stock data - was designed and implemented as an integral component of Enhanced Management (EM) and Efficient Product Transport (EPT) interventions. We developed a feasibility and acceptability framework to evaluate the effectiveness and predict the likelihood of scalability and ownership of the interventions. Mixed methods were used to conduct baseline and follow up assessments in May 2010 and February 2013, respectively. Routine monitoring data on community stock level reports, from cStock, were used to analyze supply chain performance over 18-month period in the intervention groups. Mean stock reporting rate by HSAs was 94% in EM group (n = 393) and 79% in EPT group (n = 253); mean reporting completeness was 85% and 65%, respectively. Lead time for HSA drug resupply over the 18-month period was, on average, 12.8 days in EM and 26.4 days in EPT, and mean stock out rate for 6 tracer products was significantly lower in EM compared to EPT group. Results demonstrate that cStock was feasible and acceptable to test users in Malawi, and that based on comparison with the EPT group, the team component of the EM group was an essential pairing with cStock to achieve the best possible supply chain performance and supply reliability. Establishing multi-level teams serves to connect HSAs with decision makers at higher levels of the health system, align objectives, clarify roles and promote trust and collaboration, thereby promoting country ownership and scalability of a cStock-like system.

Greater soil carbon stocks and faster turnover rates with increasing agricultural productivity

NASA Astrophysics Data System (ADS)

Sanderman, Jonathan; Creamer, Courtney; Baisden, W. Troy; Farrell, Mark; Fallon, Stewart

2017-01-01

Devising agricultural management schemes that enhance food security and soil carbon levels is a high priority for many nations. However, the coupling between agricultural productivity, soil carbon stocks and organic matter turnover rates is still unclear. Archived soil samples from four decades of a long-term crop rotation trial were analyzed for soil organic matter (SOM) cycling-relevant properties: C and N content, bulk composition by nuclear magnetic resonance (NMR) spectroscopy, amino sugar content, short-term C bioavailability assays, and long-term C turnover rates by modeling the incorporation of the bomb spike in atmospheric 14C into the soil. After > 40 years under consistent management, topsoil carbon stocks ranged from 14 to 33 Mg C ha-1 and were linearly related to the mean productivity of each treatment. Measurements of SOM composition demonstrated increasing amounts of plant- and microbially derived SOM along the productivity gradient. Under two modeling scenarios, radiocarbon data indicated overall SOM turnover time decreased from 40 to 13 years with increasing productivity - twice the rate of decline predicted from simple steady-state models or static three-pool decay rates of measured C pool distributions. Similarly, the half-life of synthetic root exudates decreased from 30.4 to 21.5 h with increasing productivity, indicating accelerated microbial activity. These findings suggest that there is a direct feedback between accelerated biological activity, carbon cycling rates and rates of carbon stabilization with important implications for how SOM dynamics are represented in models.

Are Compression Stockings an Effective Treatment for Orthostatic Presyncope?

PubMed Central

Protheroe, Clare Louise; Dikareva, Anastasia; Menon, Carlo; Claydon, Victoria Elizabeth

2011-01-01

Background Syncope, or fainting, affects approximately 6.2% of the population, and is associated with significant comorbidity. Many syncopal events occur secondary to excessive venous pooling and capillary filtration in the lower limbs when upright. As such, a common approach to the management of syncope is the use of compression stockings. However, research confirming their efficacy is lacking. We aimed to investigate the effect of graded calf compression stockings on orthostatic tolerance. Methodology/Principal Findings We evaluated orthostatic tolerance (OT) and haemodynamic control in 15 healthy volunteers wearing graded calf compression stockings compared to two placebo stockings in a randomized, cross-over, double-blind fashion. OT (time to presyncope, min) was determined using combined head-upright tilting and lower body negative pressure applied until presyncope. Throughout testing we continuously monitored beat-to-beat blood pressures, heart rate, stroke volume and cardiac output (finger plethysmography), cerebral and forearm blood flow velocities (Doppler ultrasound) and breath-by-breath end tidal gases. There were no significant differences in OT between compression stocking (26.0±2.3 min) and calf (29.3±2.4 min) or ankle (27.6±3.1 min) placebo conditions. Cardiovascular, cerebral and respiratory responses were similar in all conditions. The efficacy of compression stockings was related to anthropometric parameters, and could be predicted by a model based on the subject's calf circumference and shoe size (r = 0.780, p = 0.004). Conclusions/Significance These data question the use of calf compression stockings for orthostatic intolerance and highlight the need for individualised therapy accounting for anthropometric variables when considering treatment with compression stockings. PMID:22194814

Relationship between efficiency and predictability in stock price change

NASA Astrophysics Data System (ADS)

Eom, Cheoljun; Oh, Gabjin; Jung, Woo-Sung

2008-09-01

In this study, we evaluate the relationship between efficiency and predictability in the stock market. The efficiency, which is the issue addressed by the weak-form efficient market hypothesis, is calculated using the Hurst exponent and the approximate entropy (ApEn). The predictability corresponds to the hit-rate; this is the rate of consistency between the direction of the actual price change and that of the predicted price change, as calculated via the nearest neighbor prediction method. We determine that the Hurst exponent and the ApEn value are negatively correlated. However, predictability is positively correlated with the Hurst exponent.

Soil carbon stocks and carbon sequestration rates in seminatural grassland in Aso region, Kumamoto, Southern Japan.

PubMed

Toma, Yo; Clifton-Brown, John; Sugiyama, Shinji; Nakaboh, Makoto; Hatano, Ryusuke; Fernández, Fabián G; Ryan Stewart, J; Nishiwaki, Aya; Yamada, Toshihiko

2013-06-01

Global soil carbon (C) stocks account for approximately three times that found in the atmosphere. In the Aso mountain region of Southern Japan, seminatural grasslands have been maintained by annual harvests and/or burning for more than 1000 years. Quantification of soil C stocks and C sequestration rates in Aso mountain ecosystem is needed to make well-informed, land-use decisions to maximize C sinks while minimizing C emissions. Soil cores were collected from six sites within 200 km(2) (767-937 m asl.) from the surface down to the k-Ah layer established 7300 years ago by a volcanic eruption. The biological sources of the C stored in the Aso mountain ecosystem were investigated by combining C content at a number of sampling depths with age (using (14) C dating) and δ(13) C isotopic fractionation. Quantification of plant phytoliths at several depths was used to make basic reconstructions of past vegetation and was linked with C-sequestration rates. The mean total C stock of all six sites was 232 Mg C ha(-1) (28-417 Mg C ha(-1) ), which equates to a soil C sequestration rate of 32 kg C ha(-1)  yr(-1) over 7300 years. Mean soil C sequestration rates over 34, 50 and 100 years were estimated by an equation regressing soil C sequestration rate against soil C accumulation interval, which was modeled to be 618, 483 and 332 kg C ha(-1)  yr(-1) , respectively. Such data allows for a deeper understanding in how much C could be sequestered in Miscanthus grasslands at different time scales. In Aso, tribe Andropogoneae (especially Miscanthus and Schizoachyrium genera) and tribe Paniceae contributed between 64% and 100% of soil C based on δ(13) C abundance. We conclude that the seminatural, C4 -dominated grassland system serves as an important C sink, and worthy of future conservation. © 2013 Blackwell Publishing Ltd.

Ecologically sound management: aspects of modern sustainable deer farming systems.

PubMed

Pearse, A J; Drew, K R

1998-01-01

Modern deer farming systems have become increasingly intensive allowing strategic feeding for production and genetic improvement programmes. Meeting feeding standards that account for changing nutritional demands related to seasonality and reproductive state is critical. As the industry matures there is a growing awareness of the balance between retaining natural behaviour in producing breeding stock on larger extensive holdings and intensification systems for performance in young stock. Stocking rates are critical determinants of success as land use and capability needs are matched with an increasing stratification of stock type and purpose. Food product safety and welfare considerations of farmed deer are being driven by consumer demands. Farm quality assurance and codes of practice are developing to ensure that deer farming meets and exceeds international expectations of land use and deer welfare in modern deer farming systems.

Growth, condition, diet, and consumption rates of northern pike in three Arizona reservoirs

USGS Publications Warehouse

Flinders, J.M.; Bonar, Scott A.

2008-01-01

Northern pike (Esox lucius L.) introductions are controversial in the western United States due to suspected impacts they might have on established sport fisheries and potential illegal introductions. Tbree Arizona reservoirs, Parker Canyon Lake, Upper Lake Mary and Long Lake were sampled to examine the diet, consumption dynamics, and growth of northern pike. Northern pike diets varied by season and reservoir. In Parker Canyon Lake, diets were dominated by rainbow trout in winter and spring and bluegill and green sunfish in the fall. In Long Lake the northern pike ate crayfish in spring and early summer and switched to young of the year common carp in summer and fall. Black crappie, golden shiners, and crayfish were the major prey in Upper Lake Mary during spring, but they switched to stocked rainbow trout in the fall. Northern pike growth was in the high range of growth reported throughout the United States. Estimated northern pike specific consumption rate (scr) of rainbow trout (g/g/d ?? 10-6) was greatest in Upper Lake Mary (scr = 329.1 ?? 23.7 g/g/d ?? 10-6) where stocked fingerling (280 mm TL) rainbow trout stocked in Long Lake (scr = 1.4 ?? 0.1 g/g/d ?? 10-6) and Parker Canyon Lake (scr = 287.2 ?? 15.1 g/g/d ?? 10-6) where catchable-sized rainbow trout were stocked. Managers should consider the cost-benefits of stocking fish >200 mm TL in lakes containing northern pike. ?? Copyright by the North American Lake Management Society 2008.

Rapid diagnostic test supply chain and consumption study in Cabo Delgado, Mozambique: estimating stock shortages and identifying drivers of stock-outs.

PubMed

Hasselback, Leah; Crawford, Jessica; Chaluco, Timoteo; Rajagopal, Sharanya; Prosser, Wendy; Watson, Noel

2014-08-02

Malaria rapid diagnostic tests (RDTs) are particularly useful in low-resource settings where follow-through on traditional laboratory diagnosis is challenging or lacking. The availability of these tests depends on supply chain processes within the distribution system. In Mozambique, stock-outs of malaria RDTs are fairly common at health facilities. A longitudinal cross-sectional study was conducted to evaluate drivers of stock shortages in the Cabo Delgado province. Data were collected from purposively sampled health facilities, using monthly cross-sectional surveys between October 2011 and May 2012. Estimates of lost consumption (consumption not met due to stock-outs) served as the primary quantitative indicator of stock shortages. This is a better measure of the magnitude of stock-outs than binary indicators that only measure frequency of stock-outs at a given facility. Using a case study based methodology, distribution system characteristics were qualitatively analysed to examine causes of stock-outs at the provincial, district and health centre levels. 15 health facilities were surveyed over 120 time points. Stock-out patterns varied by data source; average monthly proportions of 59%, 17% and 17% of health centres reported a stock-out on stock cards, laboratory and pharmacy forms, respectively. Estimates of lost consumption percentage were significantly high; ranging from 0% to 149%; with a weighted average of 78%. Each ten-unit increase in monthly-observed consumption was associated with a nine-unit increase in lost consumption percentage indicating that higher rates of stock-outs occurred at higher levels of observed consumption. Causes of stock-outs included inaccurate tracking of lost consumption, insufficient sophistication in inventory management and replenishment, and poor process compliance by facility workers, all arguably stemming from inadequate attention to the design and implementation of the distribution system. Substantially high levels of RDT stock-outs were found in Cabo Delgado. Study findings point to a supply chain with a commendable degree of sophistication. However, insufficient attention paid to system design and implementation resulted in deteriorating performance in areas of increased need. In such settings fast moving commodities like malaria RDTs can call attention to supply chain vulnerabilities, the findings from which can be used to address other slower moving health commodities.

Rapid diagnostic test supply chain and consumption study in Cabo Delgado, Mozambique: estimating stock shortages and identifying drivers of stock-outs

PubMed Central

2014-01-01

Background Malaria rapid diagnostic tests (RDTs) are particularly useful in low-resource settings where follow-through on traditional laboratory diagnosis is challenging or lacking. The availability of these tests depends on supply chain processes within the distribution system. In Mozambique, stock-outs of malaria RDTs are fairly common at health facilities. A longitudinal cross-sectional study was conducted to evaluate drivers of stock shortages in the Cabo Delgado province. Methods Data were collected from purposively sampled health facilities, using monthly cross-sectional surveys between October 2011 and May 2012. Estimates of lost consumption (consumption not met due to stock-outs) served as the primary quantitative indicator of stock shortages. This is a better measure of the magnitude of stock-outs than binary indicators that only measure frequency of stock-outs at a given facility. Using a case study based methodology, distribution system characteristics were qualitatively analysed to examine causes of stock-outs at the provincial, district and health centre levels. Results 15 health facilities were surveyed over 120 time points. Stock-out patterns varied by data source; average monthly proportions of 59%, 17% and 17% of health centres reported a stock-out on stock cards, laboratory and pharmacy forms, respectively. Estimates of lost consumption percentage were significantly high; ranging from 0% to 149%; with a weighted average of 78%. Each ten-unit increase in monthly-observed consumption was associated with a nine-unit increase in lost consumption percentage indicating that higher rates of stock-outs occurred at higher levels of observed consumption. Causes of stock-outs included inaccurate tracking of lost consumption, insufficient sophistication in inventory management and replenishment, and poor process compliance by facility workers, all arguably stemming from inadequate attention to the design and implementation of the distribution system. Conclusions Substantially high levels of RDT stock-outs were found in Cabo Delgado. Study findings point to a supply chain with a commendable degree of sophistication. However, insufficient attention paid to system design and implementation resulted in deteriorating performance in areas of increased need. In such settings fast moving commodities like malaria RDTs can call attention to supply chain vulnerabilities, the findings from which can be used to address other slower moving health commodities. PMID:25086645

Latitudinal and stock-specific variation in size- and age-at-maturity of female winter flounder, Pseudopleuronectes americanus, as determined with gonad histology

NASA Astrophysics Data System (ADS)

McBride, Richard S.; Wuenschel, Mark J.; Nitschke, Paul; Thornton, Grace; King, Jeremy R.

2013-01-01

Female winter flounder were examined using gonad histology to determine the adequacy of routine macroscopic maturity classification methods and to determine the spatial variation in size and age of maturity in U.S. waters. Sampling occurred in spring and autumn, which was adequate to collect immature, mature, spawning-active, and non-active females. Females were collected in coastal waters from Delaware Bay, USA, to the Scotian Shelf, Canada, including in Long Island Sound and on Georges Bank, which covered all U.S. stock areas. Mature fish spawned in spring, when gonads comprised up to 30% of the total body weight. Direct comparisons of maturity assignment by macroscopic versus microscopic methods demonstrated that both schemes are compatible, but the more cost-effective macroscopic method had trouble distinguishing larger immature from smaller resting females. Spatial comparisons, using gonad histology only, supported the existence of three stocks in U.S. waters, but also revealed significant variation in age at maturity within the two coastal stocks. Age-at-maturity was more variable than size-at-maturity, which is consistent with known stock-specific patterns of growth rates and a postulated life history tradeoff to delay maturity until a size threshold is reached. The within-stock variation in median age at maturity, about one year for coastal stocks, recommends further investigation of using static, stock-specific maturity ogives to calculate reference points for management.

The effect of a single or repeated period of high stocking density on the behavior and response to stimuli in broiler chickens.

PubMed

Andrews, S M; Omed, H M; Phillips, C J

1997-12-01

Broiler chickens are normally housed at a fixed number per unit area throughout their life, which reduces their opportunity for movement during the later stages of rearing. An experiment is described that exposed broilers to a high stocking density either once or twice in the rearing period, and investigated the effects on the birds' behavior, and the response to other birds and humans after the second exposure to high or low stocking density. The stocking density was increased from a low level (1.7 kg/m2) to a high level (14 kg/m2) for the 2nd and/or 4th wk of rearing, or left unchanged at the low level. When stocked at the low rate, the birds spent more time walking and sitting and less time dozing and sleeping. They pecked more at inanimate objects and interacted more with other birds, but this did not include aggressive interaction. The effects of stocking density on behavior were greater in Week 4 than in Week 2, but there was no evidence that exposure to a high stocking density in Week 2 influenced the birds' behavioral response to a high stocking density in Week 4. Where stocking density did affect behavior in both Weeks 2 and 4, there was evidence of the response being cumulative. The activity of birds in the presence of another bird restrained in an open field arena was greatest when they had been stocked at the low density throughout the experiment. When a familiar person was in the arena, the birds that had been stocked at the high density in Week 2 were most active, but these birds showed the longest tonic immobility when inverted in a cradle. It is concluded that a high stocking density reduces activity in broiler chickens, and that birds stocked at a high density early in the rearing period are most active in the presence of people and show the longest tonic immobility in response to a fearful stimulus.

Potential increases in natural disturbance rates could offset forest management impacts on ecosystem carbon stocks.

Treesearch

John B. Bradford; Nicholas R. Jensen; Grant M. Domke; Anthony W. D' Amato

2013-01-01

Forested ecosystems contain the majority of the world’s terrestrial carbon, and forest management has implications for regional and global carbon cycling. Carbon stored in forests changes with stand age and is affected by natural disturbance and timber harvesting. We examined how harvesting and disturbance interact to influence forest carbon stocks over the Superior...

76 FR 19049 - Certain Tissue Paper Products From the People's Republic of China: Notice of Preliminary Results...

Federal Register 2010, 2011, 2012, 2013, 2014

2011-04-06

..., by placing in plastic or film bags, and/or by placing in boxes for distribution and use by the... tissue stock, towel or napkin stock, paper of a kind used for household or sanitary purposes, cellulose wadding, and webs of cellulose fibers (HTSUS 4803.00.20.00 and 4803.00.40.00). Separate Rates In every...

Annual Coded Wire Tag Program; Oregon Missing Production Groups, 1997 Annual Report.

DOE Office of Scientific and Technical Information (OSTI.GOV)

Lewis, Mark A.; Mallette, Christine; Murray, William M.

1998-03-01

This annual report is in fulfillment of contract obligations with Bonneville Power Administration which is the funding source for the Oregon Department of Fish and Wildlife's Annual Coded Wire Tag Program - Oregon Missing Production Groups Project. Tule stock fall chinook were caught primarily in British Columbia and Washington ocean, and Oregon freshwater fisheries. Up-river bright stock fall chinook contributed primarily to Alaska and British Columbia ocean commercial, and Columbia River gillnet and other freshwater fisheries. Contribution of Rogue stock fall chinook released in the lower Columbia River occurred primarily in Oregon ocean commercial and Columbia river gillnet fisheries. Willamettemore » stock spring chinook contributed primarily to Alaska and British Columbia ocean commercial, Oregon freshwater sport and Columbia River gillnet fisheries. Willamette stock spring chinook released by CEDC contributed to similar ocean fisheries, but had much higher catch in gillnet fisheries than the same stocks released in the Willamette system. Up-river stocks of spring chinook contributed almost exclusively to Columbia River sport fisheries and other freshwater recovery areas. The up-river stocks of Columbia River summer steelhead contributed primarily to the Columbia River gillnet and other freshwater fisheries. Coho ocean fisheries from Washington to California were closed or very limited from 1994 through 1997 (1991 through 1994 broods). This has resulted in a greater average percent of catch for other fishery areas. Coho stocks released by ODFW below Bonneville Dam contributed mainly to Oregon and Washington ocean, Columbia Gillnet and other freshwater fisheries. Coho stocks released in the Klaskanine River and Youngs Bay area had similar ocean catch, but much higher contribution to gillnet fisheries than the other coho releases. Coho stocks released above Bonneville Dam had similar contribution to ocean fisheries as other coho releases. However, they contributed more to gillnet fisheries above Bonneville Dam than coho released below the dam. Survival rates of salmon and steelhead are influenced, not only by factors in the hatchery (disease, density, diet, size and time of release) but also by environmental factors in the river and ocean. These environmental factors are influenced by large scale weather patterns such as El Nino over which man has no influence. Changes in rearing conditions in the hatchery, over which man has some influence, do impact the survival rates. However, these impacts can be offset by impacts caused by environmental factors. Coho salmon released in the Columbia River generally experience better survival rates when released later in the spring. However, for the 1990 brood year June releases of Columbia River coho had much lower survival than May releases, for all ODFW hatcheries. In general survival of ODFW Columbia River hatchery coho has declined to low levels since the 1989 brood year. In an effort to evaluate photonic marking as a tool to mass mark salmonids, two groups of 1995 brood juvenile coho salmon were marked at Sandy Hatchery. The first group (Group A) received a fluorescent red mark, adipose fin clip and coded-wire tag. The second group (Group B) received a cryptic blue mark, adipose fin clip and coded-wire tag. Both groups were released in the spring of 1997. No photonic marks were detected in the precocious males (jacks) returning to Sandy hatchery in the fall of 1997.« less

A degree-day model of sheep grazing influence on alfalfa weevil and crop characteristics.

PubMed

Goosey, Hayes B

2012-02-01

Domestic sheep (Ovis spp.) grazing is emerging as an integrated pest management tactic for alfalfa weevil, Hypera postica (Gyllenhal), management and a degree-day model is needed as a decision and support tool. In response to this need, grazing exclosures with unique degree-days and stocking rates were established at weekly intervals in a central Montana alfalfa field during 2008 and 2009. Analyses indicate that increased stocking rates and grazing degree-days were associated with decreased crop levels of weevil larvae. Larval data collected from grazing treatments were regressed against on-site and near-site temperatures that produced the same accuracy. The near-site model was chosen to encourage producer acceptance. The regression slope differed from zero, had an r2 of 0.83, and a root mean square error of 0.2. Crop data were collected to achieve optimal weevil management with forage quality and yield. Differences were recorded in crude protein, acid and neutral detergent fibers, total digestible nutrients, and mean stage by weight. Stem heights differed with higher stocking rates and degree-days recording the shortest alfalfa canopy height at harvest. The degree-day model was validated at four sites during 2010 with a mean square prediction error of 0.74. The recommendation from this research is to stock alfalfa fields in the spring before 63 DD with rates between 251 and 583 sheep days per hectare (d/ha). Sheep should be allowed to graze to a minimum of 106 and maximum of 150 DD before removal. This model gives field entomologists a new method for implementing grazing in an integrated pest management program.

Spatial and temporal variability in growth of southern flounder (Paralichthys lethostigma)

USGS Publications Warehouse

Midway, Stephen R.; Wagner, Tyler; Arnott, Stephen A.; Biondo, Patrick; Martinez-Andrade, Fernando; Wadsworth, Thomas F.

2015-01-01

Delineation of stock structure is important for understanding the ecology and management of many fish populations, particularly those with wide-ranging distributions and high levels of harvest. Southern flounder (Paralichthys lethostigma) is a popular commercial and recreational species along the southeast Atlantic coast and Gulf of Mexico, USA. Recent studies have provided genetic and otolith morphology evidence that the Gulf of Mexico and Atlantic Ocean stocks differ. Using age and growth data from four states (Texas, Alabama, South Carolina, and North Carolina) we expanded upon the traditional von Bertalanffy model in order to compare growth rates of putative geographic stocks of southern flounder. We improved the model fitting process by adding a hierarchical Bayesian framework to allow each parameter to vary spatially or temporally as a random effect, as well as log transforming the three model parameters (L∞, K, andt0). Multiple comparisons of parameters showed that growth rates varied (even within states) for females, but less for males. Growth rates were also consistent through time, when long-term data were available. Since within-basin populations are thought to be genetically well-mixed, our results suggest that consistent small-scale environmental conditions (i.e., within estuaries) likely drive growth rates and should be considered when developing broader scale management plans.

Evaporation control research, 1959-60

USGS Publications Warehouse

,

1963-01-01

Two hundred and forty-five dispersions of long-chain alkanols were formulated by using various emulsifiers and alkanols. The dispensing and spreading ability of each of these formulations was tested. The most promising emulsifier that could be used with any of the alkanols was glyceryl monostearate (self-emulsifying). However, the concentration of the alkanol in the dispersion form varied somewhat: with the length of the carbon chain. A maximum concentration of 16 percent was obtained using the longer chain alkanols in the dispersion form without losing any of the properties of a fluid. Nine field tests were undertaken on small stock tanks. The retardant materials used in these tests were dodecanol, hexadecanol, and octadecanol. These materials were applied in either liquid or dispersion form. Four types of dispensing equipment were tested. The first type used a pressure system which sprayed a liquid onto the surface of the water. An anemometer and wind-controlled vane, operated by an electrical system, determined the length End frequency of application. The second type was similar to the first except that gravity was utilized to force the liquid onto the surface. The third type. used a drip system with rates of about 10 drops per minute. The fourth type used a gravity feed and a wind-controlled valve which allowed the dispersion material to flow onto the surface of the water when the wind was in the proper direction. In the field tests, the best reduction in evaporation was obtained using octadecanol in dispersion form and dispensed with the wind-controlled valve and gravity feed system. The maximum reduction in evaporation for a 2-week period was 27 percent. However, the economics of suppressing evaporation from stock tanks is questionable because of the short travel time across the tank by the film. There are still many problems unsolved. Some of these can be resolved in the laboratory whereas others can be resolved only in the field. Some of the more serious problems are the effect of impurities in the alkanols; the rate of cooling of the alkanol from a liquid to a solid state ; the effect of the film on the exchange of water molecules between the air and water; whether the film remains effective in suppressing evaporation for any rate of movement downwind; and the possible use of dodecanol and eicosanol as suppressants.

Migrating from user fees to social health insurance: exploring the prospects and challenges for hospital management

PubMed Central

2012-01-01

Background In 2003 Ghana introduced a social health insurance scheme which resulted in the separation of purchasing of health services by the health insurance authority on the one hand and the provision of health services by hospitals at the other side of the spectrum. This separation has a lot of implications for managing accredited hospitals. This paper examines whether decoupling purchasing and service provision translate into opportunities or challenges in the management of accredited hospitals. Methods A qualitative exploratory study of 15 accredited district hospitals were selected from five of Ghana’s ten administrative regions for the study. A semi-structured interview guide was designed to solicit information from key informants, Health Service Administrators, Pharmacists, Accountants and Scheme Managers of the hospitals studied. Data was analysed thematically. Results The results showed that under the health insurance scheme, hospitals are better-off in terms of cash flow and adequate stock levels of drugs. Adequate stock of non-drugs under the scheme was reportedly intermittent. The major challenges confronting the hospitals were identified as weak purchasing power due to low tariffs, non computerisation of claims processing, unpredictable payment pattern, poor gate-keeping systems, lack of logistics and other new and emerging challenges relating to moral hazards and the use of false identity cards under pretence for medical care. Conclusion Study’s findings have a lot of policy implications for proper management of hospitals. The findings suggest rationalisation of the current tariff structure, the application of contract based payment system to inject efficiency into hospitals management and piloting facility based vetting systems to offset vetting loads of the insurance authority. Proper gate-keeping mechanisms are also needed to curtail the phenomenon of moral hazard and false documentation. PMID:22726666

Migrating from user fees to social health insurance: exploring the prospects and challenges for hospital management.

PubMed

Atinga, Roger A; Mensah, Sylvester A; Asenso-Boadi, Francis; Adjei, Francis-Xavier Andoh

2012-06-22

In 2003 Ghana introduced a social health insurance scheme which resulted in the separation of purchasing of health services by the health insurance authority on the one hand and the provision of health services by hospitals at the other side of the spectrum. This separation has a lot of implications for managing accredited hospitals. This paper examines whether decoupling purchasing and service provision translate into opportunities or challenges in the management of accredited hospitals. A qualitative exploratory study of 15 accredited district hospitals were selected from five of Ghana's ten administrative regions for the study. A semi-structured interview guide was designed to solicit information from key informants, Health Service Administrators, Pharmacists, Accountants and Scheme Managers of the hospitals studied. Data was analysed thematically. The results showed that under the health insurance scheme, hospitals are better-off in terms of cash flow and adequate stock levels of drugs. Adequate stock of non-drugs under the scheme was reportedly intermittent. The major challenges confronting the hospitals were identified as weak purchasing power due to low tariffs, non computerisation of claims processing, unpredictable payment pattern, poor gate-keeping systems, lack of logistics and other new and emerging challenges relating to moral hazards and the use of false identity cards under pretence for medical care. Study's findings have a lot of policy implications for proper management of hospitals. The findings suggest rationalisation of the current tariff structure, the application of contract based payment system to inject efficiency into hospitals management and piloting facility based vetting systems to offset vetting loads of the insurance authority. Proper gate-keeping mechanisms are also needed to curtail the phenomenon of moral hazard and false documentation.

What's your real cost of capital?

PubMed

McNulty, James J; Yeh, Tony D; Schulze, William S; Lubatkin, Michael H

2002-10-01

In valuing any investment project or corporate acquisition, executives must decide what discount rate to use in their estimates of future cash flows. The traditional approach is to apply the capital asset pricing model (CAPM), which has remained fundamentally unchanged for 40 years. But the formula--in particular, its beta element--has long been a source of frustration. In fact, corporate executives and investment bankers routinely fudge their CAPM estimates, say the authors, because experience and intuition tell them the model produces inappropriate discount rates. CAPM has three main problems: First, beta is a measure of both a stock's correlation and its volatility; second, beta is based on historical data; and third, CAPM rates don't take into account the term of the investment. These factors together result in discount rates that defy common sense. As an alternative to CAPM and its beta element, the authors developed a forward-looking approach to calculating a company's cost of capital, the market-derived capital pricing model (MCPM). It does not incorporate any measure of historical stock-to-market correlation, relying instead on estimates of future volatility derived from the options market. This is helpful since investor expectations from the options market are built into a company's current stock price. Using GE as an example, the authors give step-by-step instructions for how to calculate discount rates with MCPM. They also offer evidence from a range of industries to show that MCPM's discount rates are more realistic--especially from the corporate investor's perspective--than are CAPM's.

Stock market speculation: Spontaneous symmetry breaking of economic valuation

NASA Astrophysics Data System (ADS)

Sornette, Didier

2000-09-01

Firm foundation theory estimates a security's firm fundamental value based on four determinants: expected growth rate, expected dividend payout, the market interest rate and the degree of risk. In contrast, other views of decision-making in the stock market, using alternatives such as human psychology and behavior, bounded rationality, agent-based modeling and evolutionary game theory, expound that speculative and crowd behavior of investors may play a major role in shaping market prices. Here, we propose that the two views refer to two classes of companies connected through a "phase transition". Our theory is based on (1) the identification of the fundamental parity symmetry of prices (p→-p), which results from the relative direction of payment flux compared to commodity flux and (2) the observation that a company's risk-adjusted growth rate discounted by the market interest rate behaves as a control parameter for the observable price. We find a critical value of this control parameter at which a spontaneous symmetry-breaking of prices occurs, leading to a spontaneous valuation in absence of earnings, similarly to the emergence of a spontaneous magnetization in Ising models in absence of a magnetic field. The low growth rate phase is described by the firm foundation theory while the large growth rate phase is the regime of speculation and crowd behavior. In practice, while large "finite-time horizon" effects round off the predicted singularities, our symmetry-breaking speculation theory accounts for the apparent over-pricing and the high volatility of fast growing companies on the stock markets.

Non-stationary recruitment dynamics of rainbow smelt: the influence of environmental variables and variation in size structure and length-at-maturation

USGS Publications Warehouse

Feiner, Zachary S.; Bunnell, David B.; Hook, Tomas O.; Madenjian, Charles P.; Warner, David M.; Collingsworth, Paris D.

2015-01-01

Fish stock-recruitment dynamics may be difficult to elucidate because of nonstationary relationships resulting from shifting environmental conditions and fluctuations in important vital rates such as individual growth or maturation. The Great Lakes have experienced environmental stressors that may have changed population demographics and stock-recruitment relationships while causing the declines of several prey fish species, including rainbow smelt (Osmerus mordax). We investigated changes in the size and maturation of rainbow smelt in Lake Michigan and Lake Huron and recruitment dynamics of the Lake Michigan stock over the past four decades. Mean lengths and length-at-maturation of rainbow smelt generally declined over time in both lakes. To evaluate recruitment, we used both a Ricker model and a Kalman filter-random walk (KF-RW) model which incorporated nonstationarity in stock productivity by allowing the productivity term to vary over time. The KF-RW model explained nearly four times more variation in recruitment than the Ricker model, indicating the productivity of the Lake Michigan stock has increased. By accounting for this nonstationarity, we were able identify significant variations in stock productivity, evaluate its importance to rainbow smelt recruitment, and speculate on potential environmental causes for the shift. Our results suggest that investigating mechanisms driving nonstationary shifts in stock-recruit relationships can provide valuable insights into temporal variation in fish population dynamics.

Identifying Key Drivers of Return Reversal with Dynamical Bayesian Factor Graph

PubMed Central

Zhao, Shuai; Tong, Yunhai; Wang, Zitian; Tan, Shaohua

2016-01-01

In the stock market, return reversal occurs when investors sell overbought stocks and buy oversold stocks, reversing the stocks’ price trends. In this paper, we develop a new method to identify key drivers of return reversal by incorporating a comprehensive set of factors derived from different economic theories into one unified dynamical Bayesian factor graph. We then use the model to depict factor relationships and their dynamics, from which we make some interesting discoveries about the mechanism behind return reversals. Through extensive experiments on the US stock market, we conclude that among the various factors, the liquidity factors consistently emerge as key drivers of return reversal, which is in support of the theory of liquidity effect. Specifically, we find that stocks with high turnover rates or high Amihud illiquidity measures have a greater probability of experiencing return reversals. Apart from the consistent drivers, we find other drivers of return reversal that generally change from year to year, and they serve as important characteristics for evaluating the trends of stock returns. Besides, we also identify some seldom discussed yet enlightening inter-factor relationships, one of which shows that stocks in Finance and Insurance industry are more likely to have high Amihud illiquidity measures in comparison with those in other industries. These conclusions are robust for return reversals under different thresholds. PMID:27893780

40 CFR 435.15 - Standards of performance for new sources (NSPS).

Code of Federal Regulations, 2011 CFR

2011-07-01

... ratio 6 shall not exceed 1.0. Biodegradation rate Biodegradation rate ratio 7 shall not exceed 1.0... Water Docket, 1200 Pennsylvania Ave., NW., Washington, DC 20460. 7 Biodegradation rate ratio...), biodegradation rate ratio (Footnote 7), PAH, mercury, and cadmium stock limitations (C16-C18 internal olefin...

Quick Access: Find Statistical Data on the Internet.

ERIC Educational Resources Information Center

Su, Di

1999-01-01

Provides an annotated list of Internet sources (World Wide Web, ftp, and gopher sites) for current and historical statistical business data, including selected interest rates, the Consumer Price Index, the Producer Price Index, foreign currency exchange rates, noon buying rates, per diem rates, the special drawing right, stock quotes, and mutual…

Effects of adjacent land-use types on the distribution of soil organic carbon stocks in the montane area of central Taiwan.

PubMed

Chen, Chiou-Pin; Juang, Kai-Wei; Cheng, Chih-Hsin; Pai, Chuang-Wen

2016-12-01

Soil organic carbon (SOC) stocks can be altered through reforestation and cropping. We estimated the effects of land use on SOC stocks after natural deciduous forests replaced by crops and coniferous plantations by examining the vertical distribution of SOC stocks at different depth intervals in an adjacent Oolong tea (Camellia sinensis L.) plantation, Moso bamboo (Phyllostachys pubescens) forest, Japanese cedar (Cryptomeria japonica) forest, and Taiwania (Taiwania cryptomerioides) forest in central Taiwan. The main soil characteristics, soil nitrogen (N) content, and soil carbon to nitrogen (C/N) ratio were also determined. Different land uses resulted in significantly higher bulk density, lower cation exchange capacity, SOC, soil N, soil C/N ratio, and SOC stocks in croplands compared to forestlands. Due to the long-term application of chemical fertilizers, a significantly lower soil pH was found in the tea plantation. Croplands had a lower soil C/N ratio because of less C input into the soil and a higher mineralization rate of organic carbon during cultivation. Similar SOC stocks were found in Taiwania and Japanese cedar forests (148.5 and 151.8 Mg C ha -1 , respectively), while the tea plantation had comparable SOC stocks to the bamboo forest (101.8 and 100.5 Mg C ha -1 , respectively). Over 40% of SOC stocks was stored in croplands and over 56% was stored in forestland within the upper 10 cm of soil. Coniferous plantations can contribute to a higher SOC stock than croplands, and a significant difference can be found in the top 0-5 cm of soil.

Dynamics of the recovery of the western Lake Erie walleye (Stizostedion vitreum vitreum) stock

USGS Publications Warehouse

Hatch, Richard W.; Nepszy, Stephen J.; Muth, Kenneth M.; Baker, Carl T.

1987-01-01

After its 1957 collapse under intensive fishing and environmental stresses, the walleye (Stizostedion vitreum vitreum) stock of western Lake Erie remained low throughout the 1960s. A moratorium on both sport and commercial fishing, resulting from the 1970 discovery of mercury concentrations in walleye flesh, provided an opportunity for the development of an international interagency management plan. The quota management plan developed depended on sequential projection of the fishable stock on the basis of estimated annual recruitment and reports of total withdrawals from the stock. The fishery reopened gradually and quota management (including allocation among jurisdictions) was implemented in 1976. The stock, which had been gradually increasing as a result of relatively strong year-classes produced in 1970, 1972, and 1974, responded well to limited exploitation and produced a record year-class in 1977. Quotas were exceeded in 1978-80, but the stock continued to improve to the extent that the recommended rate of exploitation was increased in 1980 and again in 1981. As the population expanded, growth began to decline; the decline became apparent in young-of-the-year in the early 1970s and in older walleyes in the late 1970s. This trend toward progressively slower growth, which continued in the 1977 and subsequent year-classes, was accompanied by an increase in length at sexual maturity and a decrease in the percentage of female walleyes reaching sexual maturity at age III. As a net result of these changes, the proportion of mature females in the stock (an index of stock fecundity) decreased slightly during the interval 1975-84, while the estimated biomass of the standing stock rose from 9 000 to nearly 26 000 t. Both sport and commercial catches increased markedly after 1980 in Lake Erie's central basin.

The difficulties of conducting maternal death reviews in Malawi.

PubMed

Kongnyuy, Eugene J; van den Broek, Nynke

2008-09-11

Maternal death reviews is a tool widely recommended to improve the quality of obstetric care and reduce maternal mortality. Our aim was to explore the challenges encountered in the process of facility-based maternal death review in Malawi, and to suggest sustainable and logically sound solutions to these challenges. SWOT (strengths, weaknesses, opportunities and threats) analysis of the process of maternal death review during a workshop in Malawi. Strengths: Availability of data from case notes, support from hospital management, and having maternal death review forms. Weaknesses: fear of blame, lack of knowledge and skills to properly conduct death reviews, inadequate resources and missing documentation. Opportunities: technical assistance from expatriates, support from the Ministry of Health, national protocols and high maternal mortality which serves as motivation factor. Threats: Cultural practices, potential lawsuit, demotivation due to the high maternal mortality and poor planning at the district level. Solutions: proper documentation, conducting maternal death review in a blame-free manner, good leadership, motivation of staff, using guidelines, proper stock inventory and community involvement. Challenges encountered during facility-based maternal death review are provider-related, administrative, client related and community related. Countries with similar socioeconomic profiles to Malawi will have similar 'pull-and-push' factors on the process of facility-based maternal death reviews, and therefore we will expect these countries to have similar potential solutions.

Genetic aspects of the transition from traditional to modern fish farming.

PubMed

Moav, R; Soller, M; Hulata, G

1976-11-01

A theoretical model describing the genetic aspect of the transition from traditional to modern animal husbandry is presented. Traditional races are characterized by high tolerance to harsh environments but a low rate of response to increased management inputs. Modern, artificially-selected breeds are efficient convertors of management inputs to higher production but have a low resistance to harsh environments. Thus, under lowinput traditional husbandry, the traditional races are best adapted, while under modern, high-input husbandry, modern breeds are most productive, and in the intermediate zone, hybrids between the two races are capable of closing the 'profit gap' in the shift from traditional to modern husbandry. The domesticated European, and the Chinese Big-belly races of the common carp were tested under many environmental 'treatments' involving variation in density, polyculture, aeration, feeding and fertilization. The Big-belly showed, as expected, high resistance to the poor 'treatments' but low response to environmental improvement. The European breeds performed best in the higher half of the environmental range and their response rates were highest. The F1 hybrids between the two races excelled in the lower third of the range, exhibiting, there, a high heterosis but only an intermediate rate of response. It was concluded that successful changes from one aquaculture system to another, and particularly the change from traditional to modern husbandry, require a simultaneous search for the most efficient genotype × environment combination and, for each level of modernization of traditional fish farming, the most effective genotype must be identified and utilized. The transition from traditional to modern animal husbandry, including fish farming, is best quantified by the levels of invested inputs, other than labour, that induce higher production of the individual animals. The major management inputs of modern fresh water fish farming are expensive feeding, veterinary care, control of predators, organic and chemical fertilizers that enrich the production of natural fish food, water circulation and aeration. Since all these inputs are rather expensive, the fish have to pay for them by increased production, i.e., faster growth rate. Thus, the sina qua non of such a transition is the availability of animal stocks capable of converting increased inputs into economically attractive increased yields. We are all aware of the very great physiological plasticity of farm animals. In the case of the European carp, for example, the same genetic stocks, raised under high stocking density and low feeding level may gain an average weight of 10 to 20 g per fish in a whole year, while under low density and abundant feeding, they may gain over 2 kg in the same period. Such physiological responsiveness may give the wrong impression that all that is needed for the transition to more modern husbandry are improved environmental circumstances. The object of this paper is to point out that the proper choice and changeover of genotypes is equally important for the succesfull implementation of the usually gradual process of fish farming modernization. This demonstration will be based on results of experiments with the European and Chinese races of the common carp, and their F1 hybrids.

Comparative study on DuPont analysis and DEA models for measuring stock performance using financial ratio

NASA Astrophysics Data System (ADS)

Arsad, Roslah; Shaari, Siti Nabilah Mohd; Isa, Zaidi

2017-11-01

Determining stock performance using financial ratio is challenging for many investors and researchers. Financial ratio can indicate the strengths and weaknesses of a company's stock performance. There are five categories of financial ratios namely liquidity, efficiency, leverage, profitability and market ratios. It is important to interpret the ratio correctly for proper financial decision making. The purpose of this study is to compare the performance of listed companies in Bursa Malaysia using Data Envelopment Analysis (DEA) and DuPont analysis Models. The study is conducted in 2015 involving 116 consumer products companies listed in Bursa Malaysia. The estimation method of Data Envelopment Analysis computes the efficiency scores and ranks the companies accordingly. The Alirezaee and Afsharian's method of analysis based Charnes, Cooper and Rhodes (CCR) where Constant Return to Scale (CRS) is employed. The DuPont analysis is a traditional tool for measuring the operating performance of companies. In this study, DuPont analysis is used to evaluate three different aspects such as profitability, efficiency of assets utilization and financial leverage. Return on Equity (ROE) is also calculated in DuPont analysis. This study finds that both analysis models provide different rankings of the selected samples. Hypothesis testing based on Pearson's correlation, indicates that there is no correlation between rankings produced by DEA and DuPont analysis. The DEA ranking model proposed by Alirezaee and Asharian is unstable. The method cannot provide complete ranking because the values of Balance Index is equal and zero.

Access to artemisinin-based combination therapies and other anti-malarial drugs in Kinshasa.

PubMed

Nkoli Mandoko, P; Sinou, V; Moke Mbongi, D; Ngoyi Mumba, D; Kahunu Mesia, G; Losimba Likwela, J; Bi Shamamba Karhemere, S; Muepu Tshilolo, L; Tamfum Muyembe, J-J; Parzy, D

2018-06-01

Artemisinin-based combination therapies have been available since 2005 in the Democratic Republic of the Congo to treat malaria and to overcome the challenge of anti-malarial drug resistance as well as to improve access to effective treatments. The private sector is the primary distribution source for anti-malarial drugs and thus, has a key position among the supply chain actors for a rational and proper use of anti-malarial drugs. We aimed to assess access to nationally recommended anti-malarial drugs in private sector pharmacies of the capital-city of Kinshasa. We performed a cross-sectional survey of 404 pharmacies. Anti-malarial drugs were stocked in all surveyed pharmacies. Non-artemisinin-based anti-malarial therapies such as quinine or sulfadoxine-pyrimethamine, were the most frequently stocked drugs (93.8% of pharmacies). Artemisinin-based combination therapies were stocked in 88% of pharmacies. Artemether-lumefantrine combinations were the most frequently dispensed drugs (93% of pharmacies), but less than 3% were quality-assured products. Other non-officially recommended artemisinin-based therapies including oral monotherapies were widely available. Artemisinin-based combination therapies were widely available in the private pharmacies of Kinshasa. However, the private sector does not guarantee the use of nationally recommended anti-malarial drugs nor does it give priority to quality-assured anti-malarial drugs. These practices contribute to the risk of emergence and spread of resistance to anti-malarial drugs and to increasing treatment costs. Copyright © 2018 Elsevier Masson SAS. All rights reserved.

Poisson-process generalization for the trading waiting-time distribution in a double-auction mechanism

NASA Astrophysics Data System (ADS)

Cincotti, Silvano; Ponta, Linda; Raberto, Marco; Scalas, Enrico

2005-05-01

In this paper, empirical analyses and computational experiments are presented on high-frequency data for a double-auction (book) market. Main objective of the paper is to generalize the order waiting time process in order to properly model such empirical evidences. The empirical study is performed on the best bid and best ask data of 7 U.S. financial markets, for 30-stock time series. In particular, statistical properties of trading waiting times have been analyzed and quality of fits is evaluated by suitable statistical tests, i.e., comparing empirical distributions with theoretical models. Starting from the statistical studies on real data, attention has been focused on the reproducibility of such results in an artificial market. The computational experiments have been performed within the Genoa Artificial Stock Market. In the market model, heterogeneous agents trade one risky asset in exchange for cash. Agents have zero intelligence and issue random limit or market orders depending on their budget constraints. The price is cleared by means of a limit order book. The order generation is modelled with a renewal process. Based on empirical trading estimation, the distribution of waiting times between two consecutive orders is modelled by a mixture of exponential processes. Results show that the empirical waiting-time distribution can be considered as a generalization of a Poisson process. Moreover, the renewal process can approximate real data and implementation on the artificial stocks market can reproduce the trading activity in a realistic way.

Comparison of the capacity between public and private health facilities to manage under-five children with febrile illnesses in Uganda.

PubMed

Buregyeya, Esther; Rutebemberwa, Elizeus; LaRussa, Phillip; Lal, Sham; Clarke, Sîan E; Hansen, Kristian S; Magnussen, Pascal; Mbonye, Anthony K

2017-05-02

Public health facilities are usually the first to receive interventions compared to private facilities, yet majority of health seeking care is first done with the latter. This study compared the capacity to manage acute febrile illnesses in children below 5 years in private vs public health facilities in order to design interventions to improve quality of care. A survey was conducted within 57 geographical areas (parishes), from August to October 2014 in Mukono district, central Uganda. The survey comprised both facility and health worker assessment. Data were collected on drug stocks, availability of treatment guidelines, diagnostic equipment, and knowledge in management of malaria, pneumonia and diarrhoea, using a structured questionnaire. A total of 53 public and 241 private health facilities participated in the study. While similar proportions of private and public health facilities stocked Coartem, the first-line anti-malarial drug, (98 vs 95%, p = 0.22), significantly more private than public health facilities stocked quinine (85 vs 53%, p < 0.01). Stocks of obsolete anti-malarial drugs, such as chloroquine, were reported in few public and private facilities (3.7 vs 12.5%, p = 0.06). Stocks of antibiotics-amoxycillin and gentamycin were similar in both sectors (≥90% for amoxicillin; ≥50 for gentamycin). Training in malaria was reported by 65% of public health facilities vs 56% in the private sector, p = 0.25), while, only 21% in the public facility and 12% in the private facilities, p = 0.11, reported receiving training in pneumonia. Only 55% of public facilities had microscopes. Malaria treatment guidelines were significantly lacking in the private sector, p = 0.01. Knowledge about first-line management of uncomplicated malaria, pneumonia and diarrhoea was significantly better in the public facilities compared to the private ones, though still sub-optimal. Deficiencies of equipment, supplies and training exist even in public health facilities. In order to significantly improve the capacity to handle acute febrile illness among children under five, training in proper case management, availability of supplies and diagnostics need to be addressed in both sectors.

Ordering policy for stock-dependent demand rate under progressive payment scheme: a comment

NASA Astrophysics Data System (ADS)

Glock, Christoph H.; Ries, Jörg M.; Schwindl, Kurt

2015-04-01

In a recent paper, Soni and Shah developed a model for finding the optimal ordering policy for a retailer facing stock-dependent demand and a supplier offering a progressive payment scheme. In this comment, we correct several errors in the formulation of the models of Soni and Shah and modify some assumptions to increase the model's applicability. Numerical examples illustrate the benefits of our modifications.

Carbon in U.S. forests and wood products, 1987-1997: state-by-state estimates

Treesearch

R.A. Birdsey; G.M. Lewis

2003-01-01

Estimated changes in carbon stocks are reported for the forests and wood products of the 50 U.S. States. Carbon stocks on forest land and in harvested wood products increased between 1987 and 1997 at an annual rate of 190 million metric tons. Most of this increase was in biomass, followed closely by wood products and landfills. Changes in land use since 1987 caused a...

The use of the Hurst exponent to predict changes in trends on the Warsaw Stock Exchange

NASA Astrophysics Data System (ADS)

Domino, Krzysztof

2011-01-01

The local properties of the time series of the evolution of share prices of 126 significant companies traded on the Warsaw Stock Exchange during the period between 1991-2008 have been investigated. The analysis was applied to daily financial returns. I have used the local DFA to obtain the Hurst exponent (diffusion coefficient) while searching for negative correlations by which changes of long-term trends would be effected. A certain evidence, proving that after the signature of anti-correlation-the drop in the Hurst exponent-the change in the trend and in the return rate of an investment is probable, was pointed out. Hence after further investigation this method may be useful as a part of an investment strategy. As the Warsaw Stock Exchange is relatively smaller and younger than other significant world Stock Exchanges-and as the developing market is less efficient-the generalization for others markets needs further investigation.

Public and health professionals’ misconceptions about the dynamics of body weight gain/loss

PubMed Central

Abdel-Hamid, Tarek; Ankel, Felix; Battle-Fisher, Michele; Gibson, Bryan; Gonzalez-Parra, Gilberto; Jalali, Mohammad; Kaipainen, Kirsikka; Kalupahana, Nishan; Karanfil, Ozge; Marathe, Achla; Martinson, Brian; McKelvey, Karma; Sarbadhikari, Suptendra Nath; Pintauro, Stephen; Poucheret, Patrick; Pronk, Nicolaas; Qian, Ying; Sazonov, Edward; Van Oorschot, Kim; Venkitasubramanian, Akshay; Murphy, Philip

2014-01-01

Human body energy storage operates as a stock-and-flow system with inflow (food intake) and outflow (energy expenditure). In spite of the ubiquity of stock-and-flow structures, evidence suggests that human beings fail to understand stock accumulation and rates of change, a difficulty called the stock–flow failure. This study examines the influence of health care training and cultural background in overcoming stock–flow failure. A standardized protocol assessed lay people’s and health care professionals’ ability to apply stock-and-flow reasoning to infer the dynamics of weight gain/loss during the holiday season (621 subjects from seven countries). Our results indicate that both types of subjects exhibited systematic errors indicative of use of erroneous heuristics. Stock–flow failure was found across cultures and was not improved by professional health training. The problem of stock–flow failure as a transcultural global issue with education and policy implications is discussed. PMID:25620843

Effects of seabird nitrogen input on biomass and carbon accumulation after 50 years of primary succession on a young volcanic island, Surtsey

NASA Astrophysics Data System (ADS)

Leblans, N. I. W.; Sigurdsson, B. D.; Roefs, P.; Thuys, R.; Magnússon, B.; Janssens, I. A.

2014-05-01

What happens during primary succession after the first colonizers have occupied a pristine surface largely depends on how they ameliorate living conditions for other species. For vascular plants the onset of soil development and associated increase in nutrient (mainly nitrogen, N) and water availability is especially important. Here, we report the relation between N accumulation and biomass- and ecosystem carbon (C) stocks in a 50 year old volcanic island, Surtsey, in Iceland, where N stocks are still exceptionally low. However, 27 year old seagull colony on the island provided nutrient-enriched areas, which enabled us to assess the relationship between N stock and biomass- and ecosystem C stocks across a much larger range in N stock. Further, we compared areas on shallow and deep tephra sands as we expected that deep-rooted systems would be more efficient in retaining N. The sparsely vegetated area outside the colony was more efficient in N retention than we expected and had accumulated 0.7 kg N ha-1 yr-1, which was ca. 60% of the estimated N input rate from wet deposition. The seagulls have added, on average, 47 kg N ha-1 yr-1, which induced a shift from belowground to aboveground in ecosystem N and C stocks and doubled the ecosystem "N use efficiency", determined as the ratio of biomass and C storage per unit N input. Soil depth did not significantly affect total N stocks, which suggests a high N retention potential. Both total ecosystem biomass and C stocks were strongly correlated with N stock inside the colony, which indicated the important role of N during the first steps of primary succession. Inside the colony, the ecosystem biomass C stocks (17-27 kg C ha-1) had reached normal values for grasslands, while the soil organic carbon stocks (SOC; 4-10 kg C ha-1) were only a fraction of normal grassland values. Thus, it will take a long time until the SOC stock reaches equilibrium with the current primary production; during which conditions for new colonists may change.

Effects of seabird nitrogen input on biomass and carbon accumulation after 50 years of primary succession on a young volcanic island, Surtsey

NASA Astrophysics Data System (ADS)

Leblans, N. I. W.; Sigurdsson, B. D.; Roefs, P.; Thuys, R.; Magnússon, B.; Janssens, I. A.

2014-11-01

What happens during primary succession after the first colonizers have occupied a pristine surface largely depends on how they ameliorate living conditions for other species. For vascular plants the onset of soil development and associated increase in nutrient (mainly nitrogen; N) and water availability is especially important. Here, we report the relationship between N accumulation and biomass and ecosystem carbon (C) stocks in a 50-year-old volcanic island, Surtsey, Iceland, where N stocks are still exceptionally low. However, a 28-year-old seagull colony on the island provided nutrient-enriched areas, which enabled us to assess the relationship between N stock and biomass and ecosystem C stocks across a much larger range in N stock. Further, we compared areas on shallow and deep tephra sands as we expected that deep-rooted systems would be more efficient in retaining N. The sparsely vegetated area outside the colony had accumulated 0.7 kg N ha-1 yr-1, which was ca. 50-60% of the estimated N input rate from wet deposition. This approximates values for systems under low N input and bare dune habitats. The seagulls have added, on average, 47 kg N ha-1 yr-1, which induced a shift from belowground to aboveground in ecosystem N and C stocks and doubled the ecosystem N-use efficiency, determined as the ratio of biomass and C storage per unit N input. Soil depth did not significantly affect total N stocks, which suggests a high N retention potential. Both total ecosystem biomass and C stocks were strongly correlated with N stock inside the colony, which indicated the important role of N during the first steps of primary succession. Inside the colony, the ecosystem biomass C stocks (17-27 ton C ha-1) had reached normal values for grasslands, while the soil organic carbon (SOC) stocks (4-10 ton C ha-1 were only a fraction of normal grassland values. Thus, it will take a long time until the SOC stock reaches equilibrium with the current primary production, during which conditions for new colonists may change.

Information theory in econophysics: stock market and retirement funds

NASA Astrophysics Data System (ADS)

Vogel, Eugenio; Saravia, G.; Astete, J.; Díaz, J.; Erribarren, R.; Riadi, F.

2013-03-01

Information theory can help to recognize magnetic phase transitions, what can be seen as a way to recognize different regimes. This is achieved by means of zippers specifically designed to compact data in a meaningful way at is the case for compressor wlzip. In the present contribution we first apply wlzip to the Chilean stock market interpreting the compression rates for the files storing the minute variation of the IPSA indicator. Agitated days yield poor compression rates while calm days yield high compressibility. We then correlate this behavior to the value of the five retirement funds related to the Chilean economy. It is found that the covariance between the profitability of the retirement funds and the compressibility of the IPSA values of previous day is high for those funds investing in risky stocks. Surprisingly, there seems to be no great difference among the three riskier funds contrary to what could be expected from the limitations on the portfolio composition established by the laws that regulate this market.

Stability analysis and stabilization strategies for linear supply chains

NASA Astrophysics Data System (ADS)

Nagatani, Takashi; Helbing, Dirk

2004-04-01

Due to delays in the adaptation of production or delivery rates, supply chains can be dynamically unstable with respect to perturbations in the consumption rate, which is known as “bull-whip effect”. Here, we study several conceivable production strategies to stabilize supply chains, which is expressed by different specifications of the management function controlling the production speed in dependence of the stock levels. In particular, we will investigate, whether the reaction to stock levels of other producers or suppliers has a stabilizing effect. We will also demonstrate that the anticipation of future stock levels can stabilize the supply system, given the forecast horizon τ is long enough. To show this, we derive linear stability conditions and carry out simulations for different control strategies. The results indicate that the linear stability analysis is a helpful tool for the judgement of the stabilization effect, although unexpected deviations can occur in the non-linear regime. There are also signs of phase transitions and chaotic behavior, but this remains to be investigated more thoroughly in the future.

Development of a stock-recruitment model and assessment of biological reference points for the Lake Erie walleye fishery

USGS Publications Warehouse

Zhao, Yingming; Kocovsky, Patrick M.; Madenjian, Charles P.

2013-01-01

We developed an updated stock–recruitment relationship for Lake Erie Walleye Sander vitreus using the Akaike information criterion model selection approach. Our best stock–recruitment relationship was a Ricker spawner–recruit function to which spring warming rate was added as an environmental variable, and this regression model explained 39% of the variability in Walleye recruitment over the 1978 through 2006 year-classes. Thus, most of the variability in Lake Erie Walleye recruitment appeared to be attributable to factors other than spawning stock size and spring warming rate. The abundance of age-0 Gizzard Shad Dorosoma cepedianum, which was an important term in previous models, may still be an important factor for Walleye recruitment, but poorer ability to monitor Gizzard Shad since the late 1990s could have led to that term failing to appear in our best model. Secondly, we used numerical simulation to demonstrate how to use the stock recruitment relationship to characterize the population dynamics (such as stable age structure, carrying capacity, and maximum sustainable yield) and some biological reference points (such as fishing rates at different important biomass or harvest levels) for an age-structured population in a deterministic way.

A stock-flow consistent input-output model with applications to energy price shocks, interest rates, and heat emissions

NASA Astrophysics Data System (ADS)

Berg, Matthew; Hartley, Brian; Richters, Oliver

2015-01-01

By synthesizing stock-flow consistent models, input-output models, and aspects of ecological macroeconomics, a method is developed to simultaneously model monetary flows through the financial system, flows of produced goods and services through the real economy, and flows of physical materials through the natural environment. This paper highlights the linkages between the physical environment and the economic system by emphasizing the role of the energy industry. A conceptual model is developed in general form with an arbitrary number of sectors, while emphasizing connections with the agent-based, econophysics, and complexity economics literature. First, we use the model to challenge claims that 0% interest rates are a necessary condition for a stationary economy and conduct a stability analysis within the parameter space of interest rates and consumption parameters of an economy in stock-flow equilibrium. Second, we analyze the role of energy price shocks in contributing to recessions, incorporating several propagation and amplification mechanisms. Third, implied heat emissions from energy conversion and the effect of anthropogenic heat flux on climate change are considered in light of a minimal single-layer atmosphere climate model, although the model is only implicitly, not explicitly, linked to the economic model.

Introducing a decomposition rate modifier in the Rothamsted Carbon Model to predict soil organic carbon stocks in saline soils.

PubMed

Setia, Raj; Smith, Pete; Marschner, Petra; Baldock, Jeff; Chittleborough, David; Smith, Jo

2011-08-01

Soil organic carbon (SOC) models such as the Rothamsted Carbon Model (RothC) have been used to estimate SOC dynamics in soils over different time scales but, until recently, their ability to accurately predict SOC stocks/carbon dioxide (CO(2)) emissions from salt-affected soils has not been assessed. Given the large extent of salt-affected soils (19% of the 20.8 billion ha of arable land on Earth), this may lead to miss-estimation of CO(2) release. Using soils from two salt-affected regions (one in Punjab, India and one in South Australia), an incubation study was carried out measuring CO(2) release over 120 days. The soils varied both in salinity (measured as electrical conductivity (EC) and calculated as osmotic potential using EC and water content) and sodicity (measured as sodium adsorption ratio, SAR). For soils from both regions, the osmotic potential had a significant positive relationship with CO(2)-C release, but no significant relationship was found between SAR and CO(2)-C release. The monthly cumulative CO(2)-C was simulated using RothC. RothC was modified to take into account reductions in plant inputs due to salinity. A subset of non-salt-affected soils was used to derive an equation for a "lab-effect" modifier to account for changes in decomposition under lab conditions and this modifier was significantly related with pH. Using a subset of salt-affected soils, a decomposition rate modifier (as a function of osmotic potential) was developed to match measured and modelled CO(2)-C release after correcting for the lab effect. Using this decomposition rate modifier, we found an agreement (R(2) = 0.92) between modelled and independently measured data for a set of soils from the incubation experiment. RothC, modified by including reduced plant inputs due to salinity and the salinity decomposition rate modifier, was used to predict SOC stocks of soils in a field in South Australia. The predictions clearly showed that SOC stocks are reduced in saline soils. Therefore both the decomposition rate modifier and plant input modifier should be taken into account when accounting for SOC turnover in saline soils. Since modeling has previously not accounted for the impact of salinity, our results suggest that previous predictions may have overestimated SOC stocks.

Global carbon stocks and potential emissions due to mangrove deforestation from 2000 to 2012

NASA Astrophysics Data System (ADS)

Hamilton, Stuart E.; Friess, Daniel A.

2018-03-01

Mangrove forests store high densities of organic carbon, which, when coupled with high rates of deforestation, means that mangroves have the potential to contribute substantially to carbon emissions. Consequently, mangroves are strong candidates for inclusion in nationally determined contributions (NDCs) to the United Nations Framework Convention on Climate Change (UNFCCC), and payments for ecosystem services (PES) programmes that financially incentivize the conservation of forested carbon stocks. This study quantifies annual mangrove carbon stocks from 2000 to 2012 at the global, national and sub-national levels, and global carbon emissions resulting from deforestation over the same time period. Globally, mangroves stored 4.19 Pg of carbon in 2012, with Indonesia, Brazil, Malaysia and Papua New Guinea accounting for more than 50% of the global stock. 2.96 Pg of the global carbon stock is contained within the soil and 1.23 Pg in the living biomass. Two percent of global mangrove carbon was lost between 2000 and 2012, equivalent to a maximum potential of 316,996,250 t of CO2 emissions.

An Estimation of the Potential Utilization in Iranian Pharmaceutical Industry Involved in the Stock Exchange, 2008-2012.

PubMed

Annabi, Majid; Kebriaeezadeh, Abbas; Mohammadi, Timor; Marashi Shoshtari, Seyed Nasrolah; Abedin Dorkoosh, Farid; Pourreza, Abolghasem; Heydari, Hassan

2017-01-01

The aim of this study was to measure the potential of production and the capacity used in the pharmaceutical industry. Capacity use is the actual production rate to the potential output, which reflects the gap between actual production and production capacity . Through econometric methods, translog cost function in the short run along with functions of share cost of production factors is estimated through seemingly unrelated repeated regression (SURE) as a multivariate regression analysis provided by zeller. During the study the capacity used is decreasing. The capacity used, which calculated by weighted average, also decreased and the amount during the study period is much less than the simple average of the industry. Average capacity utilization in the industry over five years of study is equal to 57% while the average capacity used calculated by the weighted of industry average is 37%. To enhance the economic potential requires a proper use of resources, creation of favorable economic structure and productivity of the industry. Due to the large amount of unused capacity in the pharmaceutical industry there is no need to invest anymore unless in new grounds and it is obvious that more investment will change using capacity.

An Estimation of the Potential Utilization in Iranian Pharmaceutical Industry Involved in the Stock Exchange, 2008-2012

PubMed Central

Annabi, Majid; Kebriaeezadeh, Abbas; Mohammadi, Timor; Marashi Shoshtari, Seyed Nasrolah; Abedin Dorkoosh, Farid; Pourreza, Abolghasem; Heydari, Hassan

2017-01-01

The aim of this study was to measure the potential of production and the capacity used in the pharmaceutical industry. Capacity use is the actual production rate to the potential output, which reflects the gap between actual production and production capacity. Through econometric methods, translog cost function in the short run along with functions of share cost of production factors is estimated through seemingly unrelated repeated regression (SURE) as a multivariate regression analysis provided by zeller. During the study the capacity used is decreasing. The capacity used, which calculated by weighted average, also decreased and the amount during the study period is much less than the simple average of the industry. Average capacity utilization in the industry over five years of study is equal to 57% while the average capacity used calculated by the weighted of industry average is 37%. To enhance the economic potential requires a proper use of resources, creation of favorable economic structure and productivity of the industry. Due to the large amount of unused capacity in the pharmaceutical industry there is no need to invest anymore unless in new grounds and it is obvious that more investment will change using capacity. PMID:29552074

Extension of biomass estimates to pre-assessment periods using density dependent surplus production approach.

PubMed

Horbowy, Jan; Tomczak, Maciej T

2017-01-01

Biomass reconstructions to pre-assessment periods for commercially important and exploitable fish species are important tools for understanding long-term processes and fluctuation on stock and ecosystem level. For some stocks only fisheries statistics and fishery dependent data are available, for periods before surveys were conducted. The methods for the backward extension of the analytical assessment of biomass for years for which only total catch volumes are available were developed and tested in this paper. Two of the approaches developed apply the concept of the surplus production rate (SPR), which is shown to be stock density dependent if stock dynamics is governed by classical stock-production models. The other approach used a modified form of the Schaefer production model that allows for backward biomass estimation. The performance of the methods was tested on the Arctic cod and North Sea herring stocks, for which analytical biomass estimates extend back to the late 1940s. Next, the methods were applied to extend biomass estimates of the North-east Atlantic mackerel from the 1970s (analytical biomass estimates available) to the 1950s, for which only total catch volumes were available. For comparison with other methods which employs a constant SPR estimated as an average of the observed values, was also applied. The analyses showed that the performance of the methods is stock and data specific; the methods that work well for one stock may fail for the others. The constant SPR method is not recommended in those cases when the SPR is relatively high and the catch volumes in the reconstructed period are low.

Extension of biomass estimates to pre-assessment periods using density dependent surplus production approach

PubMed Central

Horbowy, Jan

2017-01-01

Biomass reconstructions to pre-assessment periods for commercially important and exploitable fish species are important tools for understanding long-term processes and fluctuation on stock and ecosystem level. For some stocks only fisheries statistics and fishery dependent data are available, for periods before surveys were conducted. The methods for the backward extension of the analytical assessment of biomass for years for which only total catch volumes are available were developed and tested in this paper. Two of the approaches developed apply the concept of the surplus production rate (SPR), which is shown to be stock density dependent if stock dynamics is governed by classical stock-production models. The other approach used a modified form of the Schaefer production model that allows for backward biomass estimation. The performance of the methods was tested on the Arctic cod and North Sea herring stocks, for which analytical biomass estimates extend back to the late 1940s. Next, the methods were applied to extend biomass estimates of the North-east Atlantic mackerel from the 1970s (analytical biomass estimates available) to the 1950s, for which only total catch volumes were available. For comparison with other methods which employs a constant SPR estimated as an average of the observed values, was also applied. The analyses showed that the performance of the methods is stock and data specific; the methods that work well for one stock may fail for the others. The constant SPR method is not recommended in those cases when the SPR is relatively high and the catch volumes in the reconstructed period are low. PMID:29131850

Carbon balance of an intensively grazed permanent grassland in southern Belgium

NASA Astrophysics Data System (ADS)

Gourlez de la Motte, Louis; Jérôme, Elisabeth; Mamadou, Ossénatou; Beckers, Yves; Bodson, Bernard; Heineisch, Bernard; Aubinet, Marc

2016-04-01

Grasslands are an important component of the global carbon balance but their carbon storage potential is still highly uncertain. Especially, the impact of weather variability and management practices on grassland carbon budgets need to be assessed. This study investigates the carbon balance of an intensively managed permanent grassland (Dorinne Terrestrial Observatory (DTO)) and its uncertainties by combining 5-years of eddy covariance measurements and other organic carbon exchanges estimates. The specificities of this study lie in: (i) the age of the pasture, which has probably been established since more than one century; (ii) the intensive character of the management with a mean grazing pressure larger than 2 livestock unit ha-1 and stocking cycle including stocking and rest periods, (iii) the livestock production system, typical of Wallonia, farming intensively Belgian Blue breed of cattle in order to produce meat. The results showed that, despite the high stocking rate and the old age of the pasture and the high stocking rate, the site acted as a relatively stable carbon sink from year to year with a 5-year average Net Biome Productivity of ‒173 [‒128 ‒203] g C m-2 yr-1. The carbon sink behavior of the pasture was directly increased by management practices through food complementation and organic fertilization and indirectly by mineral fertilization. The relatively low carbon budget inter-annual variability could be explained both by: (i) grazing management of the farmer that regulated Growth Primary Productivity by adapting the stocking rate to the Leaf Area Index which itself depends on weather conditions, (ii) carbon imports through food complements only when grass regrowth was not sufficient to feed the cattle. The results suggest that management practices that tend to optimize forage availability for meat production could contribute to maintaining a carbon sink. Keywords : grassland, carbon budget, carbon dioxide flux, management, eddy covariance

Exploring effective sampling design for monitoring soil organic carbon in degraded Tibetan grasslands.

PubMed

Chang, Xiaofeng; Bao, Xiaoying; Wang, Shiping; Zhu, Xiaoxue; Luo, Caiyun; Zhang, Zhenhua; Wilkes, Andreas

2016-05-15

The effects of climate change and human activities on grassland degradation and soil carbon stocks have become a focus of both research and policy. However, lack of research on appropriate sampling design prevents accurate assessment of soil carbon stocks and stock changes at community and regional scales. Here, we conducted an intensive survey with 1196 sampling sites over an area of 190 km(2) of degraded alpine meadow. Compared to lightly degraded meadow, soil organic carbon (SOC) stocks in moderately, heavily and extremely degraded meadow were reduced by 11.0%, 13.5% and 17.9%, respectively. Our field survey sampling design was overly intensive to estimate SOC status with a tolerable uncertainty of 10%. Power analysis showed that the optimal sampling density to achieve the desired accuracy would be 2, 3, 5 and 7 sites per 10 km(2) for lightly, moderately, heavily and extremely degraded meadows, respectively. If a subsequent paired sampling design with the optimum sample size were performed, assuming stock change rates predicted by experimental and modeling results, we estimate that about 5-10 years would be necessary to detect expected trends in SOC in the top 20 cm soil layer. Our results highlight the utility of conducting preliminary surveys to estimate the appropriate sampling density and avoid wasting resources due to over-sampling, and to estimate the sampling interval required to detect an expected sequestration rate. Future studies will be needed to evaluate spatial and temporal patterns of SOC variability. Copyright © 2016. Published by Elsevier Ltd.

Growth and abundance of Pacific Sand Lance, Ammodytes hexapterus, under differing oceanographic regimes

USGS Publications Warehouse

Robards, Martin D.; Gray, Floyd; Piatt, John F.

2002-01-01

Dramatic changes in seabird and marine mammal stocks in the Gulf of Alaska have been linked to shifts in abundance and composition of forage fish stocks over the past 20 years. The relative value (e.g., size and condition of individual fish, abundance) of specific forage fish stocks to predators under temporally changing oceanographic regimes is also expected to vary. We inferred potential temporal responses in abundance, growth, and age structure of a key forage fish, sand lance, by studying across spatially different oceanographic regimes. Marked meso-scale differences in abundance, growth, and mortality existed in conjunction with these differing regimes. Growth rate within stocks (between years) was positively correlated with temperature. However, this relationship did not exist among stocks (locations) and differing growth rates were better correlated to marine productivity. Sand lance were least abundant and grew slowest at the warmest site (Chisik Island), an area of limited habitat and low food abundance. Abundance and growth of juvenile sand lance was highest at the coolest site (Barren Islands), an area of highly productive upwelled waters. Sand lance at two sites located oceanographically between the Barren Islands and Chisik Island (inner- and outer-Kachemak Bay) displayed correspondingly intermediate abundance and growth. Resident predators at these sites are presented with markedly different numbers and quality of this key prey species. Our results suggest that at the decadal scale, Gulf of Alaska forage fish such as sand lance are probably more profoundly affected by changes in abundance and quality of their planktonic food, than by temperature alone.

Steelhead Supplementation in Idaho Rivers, 1993-1999 Summary Report.

DOE Office of Scientific and Technical Information (OSTI.GOV)

Byrne, Alan

2001-02-01

The Steelhead Supplementation Study has conducted field experiments since 1993 that assess the ability of hatchery stocks to reestablish natural populations. We have stocked hatchery adult steelhead Oncorhynchus mykiss trapped at Sawtooth Fish Hatchery in Beaver Creek yearly and Frenchman creeks when enough fish were available. We stocked Dworshak Hatchery stock fingerlings in the South Fork Red River from 1993 to 1996 and smolts in Red River from 1996 to 1999. Although results from all experiments are not complete, preliminary findings indicate that these hatchery stocks will not reestablish natural steelhead populations. We focused most of our effort on monitoringmore » and evaluating wild steelhead stocks. We operated a temporary weir to estimate the wild steelhead escapement in Fish Creek, a tributary of the Lochsa River. We snorkeled streams to monitor juvenile steelhead abundance, captured and tagged steelhead with Passive Integrated Transponder (PIT) tags, and recorded stream temperatures in the Clearwater and Salmon River drainages. We operated screw traps in five to ten streams each year. We have documented growth rates in Fish and Gedney creeks, age of parr in Fish Creek, Gedney Creek, Lick Creek, and Rapid River, and documented parr and smolt migration characteristics. This report summarizes our effort during the years 1993 to 1999.« less

Predator response to releases of American shad larvae in the Susquehanna River basin

USGS Publications Warehouse

Johnson, James H.; Ringler, N.H.

1998-01-01

Predation on American shad (Alosa sapidissima) larvae within the first two hours of release was examined from 1989 to 1992 on 31 occasions at stocking sites in the Susquehanna River basin. Twenty-two fish species consumed shad larvae; the dominant predators were spotfin shiner (Cyprinella spiloptera), mimic shiner (Notropis volucellus) and juvenile smallmouth bass (Micropterus dolomieu). The number of shad larvae found in predator stomachs ranged from 0 to 900. Mortality of shad larvae at the stocking site was usually less than 2%. The greatest mortality (9.6%) occurred at the highest stocking level (1.5 million larvae). Highly variable predation rates and release levels of shad insufficient to achieve predator satiation hindered the ability to determine a specific type of functional response of predators. Predator numbers increased with stocking density, indicating short-term aggregation at the release site. Because of practical problems associated with releasing the large numbers of larvae that would be required to satiate predators, routine stocking at these levels is probably unreasonable. Releases of 400,000 to 700,000 larvae may reduce predation by offsetting depensatory mechanisms that operate on small releases and the effects of increased predation due to predator aggregation on large releases. Night stocking may reduce predation on larval shad at the release site.

Transfer of marine mercury to mountain lakes.

PubMed

Hansson, Sophia V; Sonke, Jeroen; Galop, Didier; Bareille, Gilles; Jean, Séverine; Le Roux, Gaël

2017-10-05

Stocking is a worldwide activity on geographical and historical scales. The rate of non-native fish introductions have more than doubled over the last decades yet the effect on natural ecosystems, in the scope of biologically mediated transport and biomagnification of Hg and Hg-isotopes, is unknown. Using geochemistry (THg) and stable isotopes (N, Sr and Hg), we evaluate natal origin and trophic position of brown trout (Salmo trutta fario), as well as mercury biomagnification trends and potential pollution sources to three high-altitude lakes. Farmed trout show Hg-isotope signatures similar to marine biota whereas wild trout shows Hg-isotope signatures typical of fresh water lakes. Stocked trout initially show Hg-isotope signatures similar to marine biota. As the stocked trout age and shifts diet to a higher trophic level, THg concentrations increase and the marine Hg isotope signatures, induced via farm fish feed, shift to locally produced MeHg with lower δ 202 Hg and higher Δ 199 Hg. We conclude that stocking acts a humanly induced biovector that transfers marine Hg to freshwater ecosystems, which is seen in the Hg-isotopic signature up to five years after stocking events occurred. This points to the need of further investigations of the role of stocking in MeHg exposure to freshwater ecosystems.

Changing recruitment capacity in global fish stocks.

PubMed

Britten, Gregory L; Dowd, Michael; Worm, Boris

2016-01-05

Marine fish and invertebrates are shifting their regional and global distributions in response to climate change, but it is unclear whether their productivity is being affected as well. Here we tested for time-varying trends in biological productivity parameters across 262 fish stocks of 127 species in 39 large marine ecosystems and high-seas areas (hereafter LMEs). This global meta-analysis revealed widespread changes in the relationship between spawning stock size and the production of juvenile offspring (recruitment), suggesting fundamental biological change in fish stock productivity at early life stages. Across regions, we estimate that average recruitment capacity has declined at a rate approximately equal to 3% of the historical maximum per decade. However, we observed large variability among stocks and regions; for example, highly negative trends in the North Atlantic contrast with more neutral patterns in the North Pacific. The extent of biological change in each LME was significantly related to observed changes in phytoplankton chlorophyll concentration and the intensity of historical overfishing in that ecosystem. We conclude that both environmental changes and chronic overfishing have already affected the productive capacity of many stocks at the recruitment stage of the life cycle. These results provide a baseline for ecosystem-based fisheries management and may help adjust expectations for future food production from the oceans.

Changing recruitment capacity in global fish stocks

PubMed Central

Britten, Gregory L.; Dowd, Michael; Worm, Boris

2016-01-01

Marine fish and invertebrates are shifting their regional and global distributions in response to climate change, but it is unclear whether their productivity is being affected as well. Here we tested for time-varying trends in biological productivity parameters across 262 fish stocks of 127 species in 39 large marine ecosystems and high-seas areas (hereafter LMEs). This global meta-analysis revealed widespread changes in the relationship between spawning stock size and the production of juvenile offspring (recruitment), suggesting fundamental biological change in fish stock productivity at early life stages. Across regions, we estimate that average recruitment capacity has declined at a rate approximately equal to 3% of the historical maximum per decade. However, we observed large variability among stocks and regions; for example, highly negative trends in the North Atlantic contrast with more neutral patterns in the North Pacific. The extent of biological change in each LME was significantly related to observed changes in phytoplankton chlorophyll concentration and the intensity of historical overfishing in that ecosystem. We conclude that both environmental changes and chronic overfishing have already affected the productive capacity of many stocks at the recruitment stage of the life cycle. These results provide a baseline for ecosystem-based fisheries management and may help adjust expectations for future food production from the oceans. PMID:26668368

To stock or not to stock? Assessing restoration potential of a remnant American shad spawning run with hatchery supplementation

USGS Publications Warehouse

Bailey, Michael M.; Zydlewski, Joseph D.

2013-01-01

Hatchery supplementation has been widely used as a restoration technique for American Shad Alosa sapidissima on the East Coast of the USA, but results have been equivocal. In the Penobscot River, Maine, dam removals and other improvements to fish passage will likely reestablish access to the majority of this species’ historic spawning habitat. Additional efforts being considered include the stocking of larval American Shad. The decision about whether to stock a river system undergoing restoration should be made after evaluating the probability of natural recolonization and examining the costs and benefits of potentially accelerating recovery using a stocking program. However, appropriate evaluation can be confounded by a dearth of information about the starting population size and age structure of the remnant American Shad spawning run in the river. We used the Penobscot River as a case study to assess the theoretical sensitivity of recovery time to either scenario (stocking or not) by building a deterministic model of an American Shad population. This model is based on the best available estimates of size at age, fecundity, rate of iteroparity, and recruitment. Density dependence was imposed, such that the population reached a plateau at an arbitrary recovery goal of 633,000 spawning adults. Stocking had a strong accelerating effect on the time to modeled recovery (as measured by the time to reach 50% of the recovery goal) in the base model, but stocking had diminishing effects with larger population sizes. There is a diminishing return to stocking when the starting population is modestly increased. With a low starting population (a spawning run of 1,000), supplementation with 12 million larvae annually accelerated modeled recovery by 12 years. Only a 2-year acceleration was observed if the starting population was 15,000. Such a heuristic model may aid managers in assessing the costs and benefits of stocking by incorporating a structured decision framework.

An accurate algorithm to calculate the Hurst exponent of self-similar processes

NASA Astrophysics Data System (ADS)

Fernández-Martínez, M.; Sánchez-Granero, M. A.; Trinidad Segovia, J. E.; Román-Sánchez, I. M.

2014-06-01

In this paper, we introduce a new approach which generalizes the GM2 algorithm (introduced in Sánchez-Granero et al. (2008) [52]) as well as fractal dimension algorithms (FD1, FD2 and FD3) (first appeared in Sánchez-Granero et al. (2012) [51]), providing an accurate algorithm to calculate the Hurst exponent of self-similar processes. We prove that this algorithm performs properly in the case of short time series when fractional Brownian motions and Lévy stable motions are considered. We conclude the paper with a dynamic study of the Hurst exponent evolution in the S&P500 index stocks.

Use of sonification in the detection of anomalous events

NASA Astrophysics Data System (ADS)

Ballora, Mark; Cole, Robert J.; Kruesi, Heidi; Greene, Herbert; Monahan, Ganesh; Hall, David L.

2012-06-01

In this paper, we describe the construction of a soundtrack that fuses stock market data with information taken from tweets. This soundtrack, or auditory display, presents the numerical and text data in such a way that anomalous events may be readily detected, even by untrained listeners. The soundtrack generation is flexible, allowing an individual listener to create a unique audio mix from the available information sources. Properly constructed, the display exploits the auditory system's sensitivities to periodicities, to dynamic changes, and to patterns. This type of display could be valuable in environments that demand high levels of situational awareness based on multiple sources of incoming information.

The Effect of Different Feed and Stocking Densities on Growth And Survival Rate Of Blue Swimming Crablets (Portunus pelagicus)

NASA Astrophysics Data System (ADS)

Ariyati, R. W.; Rejeki, S.; Bosma, R. H.

2018-02-01

Blue swimming crab is targeted by commercial fisheries because of the high economic value, good taste, and attractive colors. As a result, the stock is overexploited and fisherman catch market also juveniles. The most sustainable solution would be to stop fishing for commercial trade and to culture this crab from brood to market size. This study aimed to find the best feed and stocking density for the on-growing of crablets. In 20 tanks juvenile crabs with a carapace width±1 cm were stocked in three densities; 40, 60 and 80 crablets / m2, and fed ad-libitum twice a day with either trash fish or pellets of shrimp feed, for 8 weeks. The circular (ᴓ 1.6 m x 1 m) tanks with 1 m3 of water were aerated, and temperature, salinity, dissolved oxygen and pH recorded daily. In the end, growth and survival rates were determined. In general, feeding the crablets at a density of 40 m-2 gave the highest growth. For crablest fed with pellets, the density of 40 m-2 gave significantly better growth than 80 m-2. The crablets at a density 40 m-2 having a fish diet with the density 40 m-2 grew better than 60 and 80 m-2. There was no significant difference between fed used among different densities. The lower densities resulted in higher survival, either on crablets fed with pellets or fish. But, crablets fed the fish diet and cultured in the lowest density (40 m-2) had the highest survival rate.

Control of "blue carbon" storage by mangrove ageing: Evidence from a 66-year chronosequence in French Guiana.

PubMed

Walcker, Romain; Gandois, Laure; Proisy, Christophe; Corenblit, Dov; Mougin, Éric; Laplanche, Christophe; Ray, Raghab; Fromard, François

2018-06-01

The role of mangroves in the blue carbon stock is critical and requires special focus. Mangroves are carbon-rich forests that are not in steady-state equilibrium at the decadal time scale. Over the last decades, the structure and zonation of mangroves have been largely disturbed by coastal changes and land use conversions. The amount of time since the last disturbance is a key parameter determining forest structure, but it has so far been overlooked in mangrove carbon stock projections. In particular, the carbon sequestration rates among mangrove successional ages after (re)establishment are poorly quantified and not used in large-scale estimations of the blue carbon stock. Here, it is hypothesized that ecosystem age structure significantly modulates mangrove carbon stocks. We analysed a 66-year chronosequence of the aboveground and belowground biomass and soil carbon stock of mangroves in French Guiana, and we found that in the year after forest establishment on newly formed mud banks, the aboveground, belowground and soil carbon stocks averaged 23.56 ± 7.71, 13.04 ± 3.37 and 84.26 ± 64.14 (to a depth of 1 m) Mg C/ha, respectively. The mean annual increment (MAI) in the aboveground and belowground reservoirs was 23.56 × Age -0.52 and 13.20 × Age -0.64  Mg C ha -1  year -1 , respectively, and the MAI in the soil carbon reservoir was 3.00 ± 1.80 Mg C ha -1  year -1 . Our results show that the plant carbon sink capacity declines with ecosystem age, while the soil carbon sequestration rate remains constant over many years. We suggest that global projections of the above- and belowground reservoirs of the carbon stock need to account for mangrove age structures, which result from historical changes in coastal morphology. Our work anticipates joint international efforts to globally quantify the multidecadal mangrove carbon balance based on the combined use of age-based parametric equations and time series of mangrove age maps at regional scales. © 2018 John Wiley & Sons Ltd.

Points of Interest: What Determines Interest Rates?

ERIC Educational Resources Information Center

Schilling, Tim

Interest rates can significantly influence people's behavior. When rates decline, homeowners rush to buy new homes and refinance old mortgages; automobile buyers scramble to buy new cars; the stock market soars, and people tend to feel more optimistic about the future. But even though individuals respond to changes in rates, they may not fully…

40 CFR 435.13 - Effluent limitations guidelines representing the degree of effluent reduction attainable by the...

Code of Federal Regulations, 2011 CFR

2011-07-01

... sediment toxicity ratio 6 shall not exceed 1.0. Biodegradation rate Biodegradation rate ratio 7 shall not... Water Docket, 1200 Pennsylvania Ave., NW., Washington, DC 20460. 7 Biodegradation rate ratio...), biodegradation rate ratio (Footnote 7), PAH, mercury, and cadmium stock limitations (C16-C18 internal olefin...

System dynamics to model the unintended consequences of denying payment for venous thromboembolism after total knee arthroplasty.

PubMed

Worni, Mathias; Pietrobon, Ricardo; Zammar, Guilherme Roberto; Shah, Jatin; Yoo, Bryan; Maldonato, Mauro; Takemoto, Steven; Vail, Thomas P

2012-01-01

The Hospital Acquired Condition Strategy (HACS) denies payment for venous thromboembolism (VTE) after total knee arthroplasty (TKA). The intention is to reduce complications and associated costs, while improving the quality of care by mandating VTE prophylaxis. We applied a system dynamics model to estimate the impact of HACS on VTE rates, and potential unintended consequences such as increased rates of bleeding and infection and decreased access for patients who might benefit from TKA. The system dynamics model uses a series of patient stocks including the number needing TKA, deemed ineligible, receiving TKA, and harmed due to surgical complication. The flow of patients between stocks is determined by a series of causal elements such as rates of exclusion, surgery and complications. The number of patients harmed due to VTE, bleeding or exclusion were modeled by year by comparing patient stocks that results in scenarios with and without HACS. The percentage of TKA patients experiencing VTE decreased approximately 3-fold with HACS. This decrease in VTE was offset by an increased rate of bleeding and infection. Moreover, results from the model suggest HACS could exclude 1.5% or half a million patients who might benefit from knee replacement through 2020. System dynamics modeling indicates HACS will have the intended consequence of reducing VTE rates. However, an unintended consequence of the policy might be increased potential harm resulting from over administration of prophylaxis, as well as exclusion of a large population of patients who might benefit from TKA.

Preliminary work of mangrove ecosystem carbon stock mapping in small island using remote sensing: above and below ground carbon stock mapping on medium resolution satellite image

NASA Astrophysics Data System (ADS)

Wicaksono, Pramaditya; Danoedoro, Projo; Hartono, Hartono; Nehren, Udo; Ribbe, Lars

2011-11-01

Mangrove forest is an important ecosystem located in coastal area that provides various important ecological and economical services. One of the services provided by mangrove forest is the ability to act as carbon sink by sequestering CO2 from atmosphere through photosynthesis and carbon burial on the sediment. The carbon buried on mangrove sediment may persist for millennia before return to the atmosphere, and thus act as an effective long-term carbon sink. Therefore, it is important to understand the distribution of carbon stored within mangrove forest in a spatial and temporal context. In this paper, an effort to map carbon stocks in mangrove forest is presented using remote sensing technology to overcome the handicap encountered by field survey. In mangrove carbon stock mapping, the use of medium spatial resolution Landsat 7 ETM+ is emphasized. Landsat 7 ETM+ images are relatively cheap, widely available and have large area coverage, and thus provide a cost and time effective way of mapping mangrove carbon stocks. Using field data, two image processing techniques namely Vegetation Index and Linear Spectral Unmixing (LSU) were evaluated to find the best method to explain the variation in mangrove carbon stocks using remote sensing data. In addition, we also tried to estimate mangrove carbon sequestration rate via multitemporal analysis. Finally, the technique which produces significantly better result was used to produce a map of mangrove forest carbon stocks, which is spatially extensive and temporally repetitive.

Environmental enrichment in steelhead (Oncorhynchus mykiss) hatcheries: Field evaluation of aggression, foraging, and territoriality in natural and hatchery fry

USGS Publications Warehouse

Tatara, C.P.; Riley, S.C.; Scheurer, J.A.

2008-01-01

Reforms for salmonid hatcheries include production of hatchery fish with behavioral characteristics similar to wild conspecifics. Enrichment of the hatchery environment has been proposed to achieve this goal. Field experiments of steelhead (i.e., sea-run rainbow trout, Oncorhynchus mykiss) fry from a common stock reared under natural (i.e., stream), enriched hatchery, and conventional hatchery conditions indicated no significant differences in the rates of foraging or aggression between rearing treatments. However, the rates of foraging and aggression of natural fry were significantly affected by the type of hatchery fry stocked with them. Natural steelhead fry fed at lower rates and exhibited higher rates of aggression when stocked with steelhead fry raised in enriched hatchery environments. Territory sizes of steelhead fry ranged from 0.015 to 0.801 m2; were significantly, positively related to body length; and were not significantly different between rearing treatments. We conclude that hatchery steelhead fry released into streams establish territories that are proportional to their body length and similar in size to territories of natural steelhead fry. Our results indicate that both conventional and enriched hatchery environments produce natural social behaviors in steelhead released as fry and that fry from enriched hatchery environments may alter the foraging and aggressive behavior of natural, resident steelhead fry. ?? 2008 NRC.

Fundamental factors versus herding in the 2000 2005 US stock market and prediction

NASA Astrophysics Data System (ADS)

Zhou, Wei-Xing; Sornette, Didier

2006-02-01

We present a general methodology to incorporate fundamental economic factors to the theory of herding developed in our group to describe bubbles and antibubbles. We start from the strong form of rational expectation and derive the general method to incorporate factors in addition to the log-periodic power law (LPPL) signature of herding developed in ours and others’ works. These factors include interest rate, interest spread, historical volatility, implied volatility and exchange rates. Standard statistical AIC and Wilks tests allow us to compare the explanatory power of the different proposed factor models. We find that the historical volatility played the key role before August of 2002. Around October 2002, the interest rate dominated. In the first six months of 2003, the foreign exchange rate became the key factor. Since the end of 2003, all factors have played an increasingly large role. However, the most surprising result is that the best model is the second-order LPPL without any factor. We thus present a scenario for the future evolution of the US stock market based on the extrapolation of the fit of the second-order LPPL formula, which suggests that herding is still the dominating force and that the unraveling of the US stock market antibubble since 2000 is still qualitatively similar to (but quantitatively different from) the Japanese Nikkei case after 1990.

75 FR 78768 - Proposed Exemptions From Certain Prohibited Transaction Restrictions

Federal Register 2010, 2011, 2012, 2013, 2014

2010-12-16

... Securities, as discussed herein. 2. The Applicant describes Auction Rate Securities (or ARS) and the arrangement by which ARS are bought and sold as follows. Auction Rate Securities are preferred stock or bonds... to perpetuity. ARS interest rates or dividend yields are determined and periodically reset at...

Effect of flow rate and insulin priming on the recovery of insulin from microbore infusion tubing.

PubMed

Fuloria, M; Friedberg, M A; DuRant, R H; Aschner, J L

1998-12-01

A retrospective medical record review of 13 consecutive, hyperglycemic, extremely low birth weight (ELBW) infants treated with continuous insulin infusions revealed a 14- to 24-hour delay (mean, 19 hours) in blood glucose normalization despite stepwise increases in insulin infusion rates. This in vitro study examined the effects of flow rate and insulin priming on insulin recovery from polyvinyl chloride (PVC) tubing and polyethylene (PE)-lined PVC tubing infused with a standard insulin stock solution. Stock insulin solution (0.2 U/mL) was infused through microbore PVC or PE-lined tubing at flow rates of 0.05 and 0.2 mL/h. To determine if saturation of nonspecific binding sites would alter effluent insulin concentration, we compared insulin recovery from tubing previously flushed with the stock solution and tubing primed with 5 U/mL of insulin for 20 minutes. Effluent samples, which were collected at baseline and at six time points during a 24-hour period, were immediately frozen at -20 degreesC. Insulin concentration was measured by IMx immunoassay. Data were analyzed using general linear modeling with repeated measures. At 0.05 mL/h flow rate, insulin recovery from unprimed PVC tubing at 1, 2, 4, and 8 hours was 17%, 11%, 27%, and 55%, respectively, with 100% recovery at 24 hours. From insulin-primed tubing, insulin recovery was approximately 70% at 1, 2, and 4 hours, and close to 100% at 8 hours. At a faster flow rate of 0.2 mL/h, insulin recovery at 1, 2, 4, and 8 hours was 22%, 38%, 67%, and 75% vs 42%, 85%, 91% and 95% from unprimed and insulin-primed PVC tubing, respectively. Similar results were obtained from unprimed and insulin-primed PE-lined tubing at 0.2 mL/h flow rate. Priming of microbore tubing with 5 U/mL of insulin solution for 20 minutes to block nonspecific binding sites enhances delivery of a standard insulin stock at infusion rates typically used to treat hyperglycemic ELBW infants. We conclude that priming the tubing with a higher concentration of insulin before initiation of standard insulin infusion therapy should accelerate achievement of steady-state insulin delivery and correction of hyperglycemia in ELBW infants.

Expected rate of fisheries-induced evolution is slow.

PubMed

Andersen, Ken H; Brander, Keith

2009-07-14

Commercial fisheries exert high mortalities on the stocks they exploit, and the consequent selection pressure leads to fisheries-induced evolution of growth rate, age and size at maturation, and reproductive output. Productivity and yields may decline as a result, but little is known about the rate at which such changes are likely to occur. Fisheries-induced evolution of exploited populations has recently become a subject of concern for policy makers, fisheries managers, and the general public, with prominent calls for mitigating management action. We make a general evolutionary impact assessment of fisheries by calculating the expected rate of fisheries-induced evolution and the consequent changes in yield. Rates of evolution are expected to be approximately 0.1-0.6% per year, and the consequent reductions in fisheries yield are <0.7% per year. These rates are at least a factor of 5 lower than published values based on experiments and analyses of population time series, and we explain why the published rates may be overestimates. Dealing with evolutionary effects of fishing is less urgent than reducing the direct detrimental effects of overfishing on exploited stocks and on their marine ecosystems.

How fast is fisheries-induced evolution? Quantitative analysis of modelling and empirical studies

PubMed Central

Audzijonyte, Asta; Kuparinen, Anna; Fulton, Elizabeth A

2013-01-01

A number of theoretical models, experimental studies and time-series studies of wild fish have explored the presence and magnitude of fisheries-induced evolution (FIE). While most studies agree that FIE is likely to be happening in many fished stocks, there are disagreements about its rates and implications for stock viability. To address these disagreements in a quantitative manner, we conducted a meta-analysis of FIE rates reported in theoretical and empirical studies. We discovered that rates of phenotypic change observed in wild fish are about four times higher than the evolutionary rates reported in modelling studies, but correlation between the rate of change and instantaneous fishing mortality (F) was very similar in the two types of studies. Mixed-model analyses showed that in the modelling studies traits associated with reproductive investment and growth evolved slower than rates related to maturation. In empirical observations age-at-maturation was changing faster than other life-history traits. We also found that, despite different assumption and modelling approaches, rates of evolution for a given F value reported in 10 of 13 modelling studies were not significantly different. PMID:23789026

Spatial variability and response of soil organic carbon stocks to land abandonment and erosion in mountainous drylands (Invited)

NASA Astrophysics Data System (ADS)

De Baets, S. L.; Meersmans, J.; Vanacker, V.; Quine, T. A.; van oost, K.

2013-12-01

This research focuses on understanding the impact of human activities on C dynamics in a mountainous and semi-arid environment. Despite the low C status of drylands, soil organic carbon (SOC) is the largest C pool in these systems and hence possess a large restoration capacity. Still, regional estimates of SOC stocks and insights in their determining factors are lacking. This study therefore aims 1) to interpret the variability of soil organic carbon in relation to key soil, topographical and land use variables and 2) to quantify the effects of land regeneration following abandonment on SOC stocks. Soil profiles were taken in the Sierra de los Filabres (SE Spain) in different land units along geomorphic and degradation gradients. SOC contents were modelled using recovery period, soil and topographical variables. Sample depth, topographical position, altitude, recovery period and stone content are identified as the main factors for predicting SOC concentrations. SOC stocks in 1 m depth of soil vary between 3.16 and 76.44 t ha-1. Recovery period (years since abandonment), topographical position and altitude were used to predict and map SOC stocks in the top 0.2 m. The results show that C accumulates fast during the first 10-50 years following abandonment, whereafter the stocks evolve towards a steady state level. The erosion zones in the study area demonstrate a higher potential to increase their SOC stocks when abandoned. Deposition zones have higher SOC stocks, although their C accumulation rate is lower compared to erosion dominated landscapes in the first 10-50 years following abandonment. Therefore, full understanding of the C sequestration potential of land use change in areas of complex topography requires knowledge of spatial variability in soil properties and in particular SOC.

Progressing batch hydrolysis process

DOEpatents

Wright, J.D.

1985-01-10

A progressive batch hydrolysis process is disclosed for producing sugar from a lignocellulosic feedstock. It comprises passing a stream of dilute acid serially through a plurality of percolation hydrolysis reactors charged with feed stock, at a flow rate, temperature and pressure sufficient to substantially convert all the cellulose component of the feed stock to glucose. The cooled dilute acid stream containing glucose, after exiting the last percolation hydrolysis reactor, serially fed through a plurality of pre-hydrolysis percolation reactors, charged with said feedstock, at a flow rate, temperature and pressure sufficient to substantially convert all the hemicellulose component of said feedstock to glucose. The dilute acid stream containing glucose is cooled after it exits the last prehydrolysis reactor.

Path integral for equities: Dynamic correlation and empirical analysis

NASA Astrophysics Data System (ADS)

Baaquie, Belal E.; Cao, Yang; Lau, Ada; Tang, Pan

2012-02-01

This paper develops a model to describe the unequal time correlation between rate of returns of different stocks. A non-trivial fourth order derivative Lagrangian is defined to provide an unequal time propagator, which can be fitted to the market data. A calibration algorithm is designed to find the empirical parameters for this model and different de-noising methods are used to capture the signals concealed in the rate of return. The detailed results of this Gaussian model show that the different stocks can have strong correlation and the empirical unequal time correlator can be described by the model's propagator. This preliminary study provides a novel model for the correlator of different instruments at different times.

Common scaling behavior in finance and macroeconomics

NASA Astrophysics Data System (ADS)

Podobnik, B.; Horvatic, D.; Petersen, A. M.; Njavro, M.; Stanley, H. E.

2010-08-01

In order to test whether scaling exists in finance at the world level, we test whether the average growth rates and volatility of market capitalization (MC) depend on the level of MC. We analyze the MC for 54 worldwide stock indices and 48 worldwide bond indices. We find that (i) the average growth rate of the MC and (ii) the standard deviation σ(r) of growth rates r decrease both with MC as power laws, with exponents αw = 0.28 ± 0.09 and βw = 0.12 ± 0.04. We define a stochastic process in order to model the scaling results we find for worldwide stock and bond indices. We establish a power-law relationship between the MC of a country's financial market and the gross domestic product (GDP) of the same country.

Carbon stocks and fluxes in managed peatlands in northern Borneo

NASA Astrophysics Data System (ADS)

Arn Teh, Yit; Manning, Frances; Cook, Sarah; Zin Zawawi, Norliyana; Sii, Longwin; Hill, Timothy; Page, Susan; Whelan, Mick; Evans, Chris; Gauci, Vincent; Chocholek, Melanie; Khoon Kho, Lip

2017-04-01

Oil palm is the largest agricultural crop in the tropics and accounts for 13 % of current tropical land area. Patterns of land-atmosphere exchange from oil palm ecosystems therefore have potentially important implications for regional and global C budgets due to the large scale of land conversion. This is particularly true for oil palm plantations on peat because of the large C stocks held by tropical peat soils that are potential sensitivity to human disturbance. Here we report preliminary findings on C stocks and fluxes from a long-term, multi-scale project in Sarawak, Malaysia that aims to quantify the impacts of oil palm conversion on C and greenhouse gas fluxes from oil palm recently established on peat. Land-atmosphere fluxes were determined using a combination of top-down and bottom-up methods (eddy covariance, canopy/stem and soil flux measurements, net primary productivity). Fluvial fluxes were determined by quantifying rates of dissolved and particulate organic C export. Ecosystem C dynamics were determined using the intensive C plot method, which quantified all major C stocks and fluxes, including plant and soil stocks, leaf litterfall, aboveground biomass production, root production, stem/canopy respiration, root-rhizosphere respiration, and heterotrophic soil respiration. Preliminary analysis indicates that vegetative aboveground biomass in these 7 year old plantations was 8.9-11.9 Mg C ha-1, or approximately one-quarter of adjacent secondary forest. Belowground biomass was 5.6-6.5 Mg C ha-1; on par with secondary forests. Soil C stocks in the 0-30 cm depth was 233.1-240.8 Mg C ha-1, or 32-36% greater than soil C stocks in secondary forests at the same depth (176.8 Mg C ha-1). Estimates of vegetative aboveground and belowground net primary productivity were 1.3-1.7 Mg C ha-1 yr-1 and 0.8-0.9 Mg C ha-1 yr-1, respectively. Fruit brunch production was approximately 67 Mg C ha-1over 7 yearsor 9.6 Mg C ha-1 yr-1. Total soil respiration rates were 18 Mg C ha-1 yr-1, with 26 % accounted for by root-rhizosphere respiration and 74 % from heterotrophic soil respiration. This translates to a peat mineralization rate of 10 to 17 Mg C ha-1 yr-1 in the upper 35 cm soil depth above the water table. Fluvial C fluxes were 1.9 Mg C ha-1yr-1, or roughly three times the flux from secondary forest. Findings from the partitioned soil respiration and fluvial flux measurements indicate that peat mineralization may be occurring. However, it is unclear if this represents a net loss of C from the ecosystem, due to the apparent increase in soil C stocks following land conversion, rather than an expected net reduction in soil C. This unexpected finding implies that other processes may be offsetting C losses from heterotrophic decay and fluvial exchange.

Accounting for the Material Stock of Nations

PubMed Central

Fishman, Tomer; Schandl, Heinz; Tanikawa, Hiroki; Walker, Paul; Krausmann, Fridolin

2014-01-01

National material stock (MS) accounts have been a neglected field of analysis in industrial ecology, possibly because of the difficulty in establishing such accounts. In this research, we propose a novel method to model national MS based on historical material flow data. This enables us to avoid the laborious data work involved with bottom-up accounts for stocks and to arrive at plausible levels of stock accumulation for nations. We apply the method for the United States and Japan to establish a proof of concept for two very different cases of industrial development. Looking at a period of 75 years (1930–2005), we find that per capita MS has been much higher in the United States for the entire period, but that Japan has experienced much higher growth rates throughout, in line with Japan's late industrial development. By 2005, however, both Japan and the United States arrive at a very similar level of national MS of 310 to 375 tonnes per capita, respectively. This research provides new insight into the relationship between MS and flows in national economies and enables us to extend the debate about material efficiency from a narrow perspective of throughput to a broader perspective of stocks. PMID:25505368

TaqMan DNA technology confirms likely overestimation of cod (Gadus morhua L.) egg abundance in the Irish Sea: implications for the assessment of the cod stock and mapping of spawning areas using egg-based methods.

PubMed

Fox, C J; Taylor, M I; Pereyra, R; Villasana, M I; Rico, C

2005-03-01

Recent substantial declines in northeastern Atlantic cod stocks necessitate improved biological knowledge and the development of techniques to complement standard stock assessment methods (which largely depend on accurate commercial catch data). In 2003, an ichthyoplankton survey was undertaken in the Irish Sea and subsamples of 'cod-like' eggs were analysed using a TaqMan multiplex, PCR (polymerase chain reaction) assay (with specific probes for cod, haddock and whiting). The TaqMan method was readily applied to the large number of samples (n = 2770) generated during the survey and when combined with a manual DNA extraction protocol had a low failure rate of 6%. Of the early stage 'cod-like' eggs (1.2-1.75 mm diameter) positively identified: 34% were cod, 8% haddock and 58% whiting. As previous stock estimates based on egg surveys for Irish Sea cod assumed that the majority of 'cod-like' eggs were from cod, the TaqMan results confirm that there was probably substantial contamination by eggs of whiting and haddock that would have inflated estimates of the stock biomass.

Value-at-Risk analysis using ARMAX GARCHX approach for estimating risk of banking subsector stock return’s

NASA Astrophysics Data System (ADS)

Dewi Ratih, Iis; Sutijo Supri Ulama, Brodjol; Prastuti, Mike

2018-03-01

Value at Risk (VaR) is one of the statistical methods used to measure market risk by estimating the worst losses in a given time period and level of confidence. The accuracy of this measuring tool is very important in determining the amount of capital that must be provided by the company to cope with possible losses. Because there is a greater losses to be faced with a certain degree of probability by the greater risk. Based on this, VaR calculation analysis is of particular concern to researchers and practitioners of the stock market to be developed, thus getting more accurate measurement estimates. In this research, risk analysis of stocks in four banking sub-sector, Bank Rakyat Indonesia, Bank Mandiri, Bank Central Asia and Bank Negara Indonesia will be done. Stock returns are expected to be influenced by exogenous variables, namely ICI and exchange rate. Therefore, in this research, stock risk estimation are done by using VaR ARMAX-GARCHX method. Calculating the VaR value with the ARMAX-GARCHX approach using window 500 gives more accurate results. Overall, Bank Central Asia is the only bank had the estimated maximum loss in the 5% quantile.

Accounting for the Material Stock of Nations.

PubMed

Fishman, Tomer; Schandl, Heinz; Tanikawa, Hiroki; Walker, Paul; Krausmann, Fridolin

2014-05-01

National material stock (MS) accounts have been a neglected field of analysis in industrial ecology, possibly because of the difficulty in establishing such accounts. In this research, we propose a novel method to model national MS based on historical material flow data. This enables us to avoid the laborious data work involved with bottom-up accounts for stocks and to arrive at plausible levels of stock accumulation for nations. We apply the method for the United States and Japan to establish a proof of concept for two very different cases of industrial development. Looking at a period of 75 years (1930-2005), we find that per capita MS has been much higher in the United States for the entire period, but that Japan has experienced much higher growth rates throughout, in line with Japan's late industrial development. By 2005, however, both Japan and the United States arrive at a very similar level of national MS of 310 to 375 tonnes per capita, respectively. This research provides new insight into the relationship between MS and flows in national economies and enables us to extend the debate about material efficiency from a narrow perspective of throughput to a broader perspective of stocks.

Historical evidence for discrete stocks of lake trout (Salvelinus namaycush) in Lake Michigan

USGS Publications Warehouse

Brown, Edward H.; Eck, G.W.; Foster, N.R.; Horrall, R.M.; Coberly, C.E.

1981-01-01

Although few biological data exist on the now extinct native lake trout, Salvelinus namaycush, of Lake Michigan, historical records and interviews with former commercial fishermen strongly suggest that this once widespread resource was composed of a number of discrete spawning populations or stocks. A natural division of the resource into distinct stocks is consistent with the size of Lake Michigan and its varied physiography. The native trout may have undergone subtle genetic changes over the millennia, although we cannot determine whether the physical and behavioral differences represented different genotypes or only temporary effects of the local environment. Because of physiographic similarities among the upper Great Lakes and probable interchanges of lake trout during the last glacial period, we recommend that progeny of extant wild stocks, particularly from Lake Superior, are genetically most suitable for recolonizing Lake Michigan. Moreover, the hatchery-held parents of such fish should be infused periodically with genes of the wild or feral donor populations. Despite the sound historical basis for these recommendations, we also recognize that sufficiently high stocking rates coupled with a reduction of heavy exploitation may be even more important than heritability in obtaining self-sustaining populations.

Risk assessment and stock market volatility in the Eurozone: 1986-2014

NASA Astrophysics Data System (ADS)

Menezes, Rui; Oliveira, Álvaro

2015-04-01

This paper studies the stock market return's volatility in the Eurozone as an input for evaluating the market risk. Stock market returns are endogenously determined by long-term interest rate changes and so is the return's conditional variance. The conditional variance is the time-dependent variance of the underlying variable. In other words, it is the variance of the returns measured at each moment t, so it changes through time depending on the specific market structure at each time observation. Thus, a multivariate EGARCH model is proposed to capture the complex nature of this network. By network, in this context, we mean the chain of stock exchanges that co-move and interact in such a way that a shock in one of them propagates up to the other ones (contagion). Previous studies provide evidence that the Eurozone stock exchanges are deeply integrated. The results indicate that asymmetry and leverage effects exist along with fat tails and endogeneity. In-sample and out-of-sample forecasting tests provide clear evidence that the multivariate EGARCH model performs better than the univariate counterpart to predict the behavior of returns both before and after the 2008 crisis.

Stock discrimination of spottedtail goby ( Synechogobius ommaturus) in the Yellow Sea by analysis of otolith shape

NASA Astrophysics Data System (ADS)

Wang, Yingjun; Ye, Zhenjiang; Liu, Qun; Cao, Liang

2011-01-01

Otolith shape is species specific and is an ideal marker of fish population affiliation. In this study, otolith shape of spottedtail goby Synechogobius ommaturus is used to identify stocks in different spawning locations in the Yellow Sea. The main objectives of this study are to explore the potential existence of local stocks of spottedtail goby in the Yellow Sea by analysis of otolith shape, and to investigate ambient impacts on otolith shape. Spottedtail goby was sampled in five locations in the Yellow Sea in 2007 and 2008. Otoliths are described using variables correlated to size (otolith area, perimeter, length, width, and weight) and shape (rectangularity, circularity, and 20 Fourier harmonics). Only standardized otolith variables are used so that the effect of otolith size on the shape variables could be eliminated. There is no significant difference among variables of sex, year, and side (left and right). However, the otolith shapes of the spring stocks and the autumn stocks differ significantly. Otolith shape differences are greater among locations than between years. Correct classification rate of spottedtail goby with the otolith shape at different sampling locations range from 29.7%-77.4%.

Identification of areas in Brazil that optimize conservation of forest carbon, jaguars, and biodiversity.

PubMed

De Barros, Alan E; MacDonald, Ewan A; Matsumoto, Marcelo H; Paula, Rogério C; Nijhawan, Sahil; Malhi, Y; MacDonald, David W

2014-04-01

A major question in global environmental policy is whether schemes to reduce carbon pollution through forest management, such as Reducing Emissions from Deforestation and Degradation (REDD+), can also benefit biodiversity conservation in tropical countries. We identified municipalities in Brazil that are priorities for reducing rates of deforestation and thus preserving carbon stocks that are also conservation targets for the endangered jaguar (Panthera onca) and biodiversity in general. Preliminary statistical analysis showed that municipalities with high biodiversity were positively associated with high forest carbon stocks. We used a multicriteria decision analysis to identify municipalities that offered the best opportunities for the conservation of forest carbon stocks and biodiversity conservation under a range of scenarios with different rates of deforestation and carbon values. We further categorized these areas by their representativeness of the entire country (through measures such as percent forest cover) and an indirect measure of cost (number of municipalities). The municipalities that offered optimal co-benefits for forest carbon stocks and conservation were termed REDDspots (n = 159), and their spatial distribution was compared with the distribution of current and proposed REDD projects (n = 135). We defined REDDspots as the municipalities that offer the best opportunities for co-benefits between the conservation of forest carbon stocks, jaguars, and other wildlife. These areas coincided in 25% (n = 40) of municipalities. We identified a further 95 municipalities that may have the greatest potential to develop additional REDD+ projects while also targeting biodiversity conservation. We concluded that REDD+ strategies could be an efficient tool for biodiversity conservation in key locations, especially in Amazonian and Atlantic Forest biomes. ©2013 Society for Conservation Biology.

Automated Decisional Model for Optimum Economic Order Quantity Determination Using Price Regressive Rates

NASA Astrophysics Data System (ADS)

Roşu, M. M.; Tarbă, C. I.; Neagu, C.

2016-11-01

The current models for inventory management are complementary, but together they offer a large pallet of elements for solving complex problems of companies when wanting to establish the optimum economic order quantity for unfinished products, row of materials, goods etc. The main objective of this paper is to elaborate an automated decisional model for the calculus of the economic order quantity taking into account the price regressive rates for the total order quantity. This model has two main objectives: first, to determine the periodicity when to be done the order n or the quantity order q; second, to determine the levels of stock: lighting control, security stock etc. In this way we can provide the answer to two fundamental questions: How much must be ordered? When to Order? In the current practice, the business relationships with its suppliers are based on regressive rates for price. This means that suppliers may grant discounts, from a certain level of quantities ordered. Thus, the unit price of the products is a variable which depends on the order size. So, the most important element for choosing the optimum for the economic order quantity is the total cost for ordering and this cost depends on the following elements: the medium price per units, the stock cost, the ordering cost etc.

Influence of stocking, site quality, stand age, low-severity canopy disturbance, and forest composition on sub-boreal aspen mixedwood carbon stocks

USGS Publications Warehouse

Reinikainen, Michael; D’Amato, Anthony W.; Bradford, John B.; Fraver, Shawn

2014-01-01

Low-severity canopy disturbance presumably influences forest carbon dynamics during the course of stand development, yet the topic has received relatively little attention. This is surprising because of the frequent occurrence of such events and the potential for both the severity and frequency of disturbances to increase as a result of climate change. We investigated the impacts of low-severity canopy disturbance and average insect defoliation on forest carbon stocks and rates of carbon sequestration in mature aspen mixedwood forests of varying stand age (ranging from 61 to 85 years), overstory composition, stocking level, and site quality. Stocking level and site quality positively affected the average annual aboveground tree carbon increment (CAAI), while stocking level, site quality, and stand age positively affected tree carbon stocks (CTREE) and total ecosystem carbon stocks (CTOTAL). Cumulative canopy disturbance (DIST) was reconstructed using dendroecological methods over a 29-year period. DIST was negatively and significantly related to soil carbon (CSOIL), and it was negatively, albeit marginally, related to CTOTAL. Minima in the annual aboveground carbon increment of trees (CAI) occurred at sites during defoliation of aspen (Populus tremuloides Michx.) by forest tent caterpillar (Malacosoma disstria Hubner), and minima were more extreme at sites dominated by trembling aspen than sites mixed with conifers. At sites defoliated by forest tent caterpillar in the early 2000s, increased sequestration by the softwood component (Abies balsamea (L.) Mill. and Picea glauca (Moench) Voss) compensated for overall decreases in CAI by 17% on average. These results underscore the importance of accounting for low-severity canopy disturbance events when developing regional forest carbon models and argue for the restoration and maintenance of historically important conifer species within aspen mixedwoods to enhance stand-level resilience to disturbance agents and maintain site-level carbon stocks.

Topographically-determined soil thickening explained spatial variability of soil carbon and nitrogen in Southern California grasslands

NASA Astrophysics Data System (ADS)

Lin, Y.; Prentice, S., III; Tran, T.; Bingham, N.; King, J. Y.; Chadwick, O.

2015-12-01

At the scale of hillslopes, topography strongly regulates soil formation, affecting hillslope hydrology and biological activities. Topographic control of soil formation is particularly strong for semi-arid landscapes where soil thickening is induced by pedoturbation and soil creep. Thus, terrain attributes hold great potential for modeling full profile soil C and N stocks at the hillslope scale in these landscapes. In this study, we developed predictions of grassland soil C and N stocks using digital terrain attributes scaled to the signal of site-specific hillslope geomorphic processes. We found that soil thickness was the major control of soil organic C and N stocks and was best predicted by mean curvature. This curvature dependency of soil thickness affected prediction of organic C and N stocks because of the C and N added by taking subsoil into account. We also found that curvature was positively correlated with depth to carbonate reflecting drier soil conditions in convex hillslope positions and wetter soil conditions in concave areas. Slope aspect also had a marginal effect on soil C and N stocks; soil organic C and N stocks on the north-facing slope tended to be higher than those on the south-facing slope. We found that terrain attributes at medium resolutions (8 to 16 m) were most effective in modeling soil C and N stocks. Overall, terrain attributes explained 61% of the variation in soil thickness and 49% of the variation in soil organic C stock. Our results suggest that curvature-induced soil thickening, coupled with aspect, likely exerts a first-order control on soil organic C and N accumulation rates, and these changes occur predominantly in subsoil. Thus our data highlight the importance of subsoil in mapping soil C and N stocks and other soil properties. Our model also demonstrates how scale-driven analysis may guide soil C and N prediction in other hillslope dominated regions.

Prediction of stock market characteristics using neural networks

NASA Astrophysics Data System (ADS)

Pandya, Abhijit S.; Kondo, Tadashi; Shah, Trupti U.; Gandhi, Viraf R.

1999-03-01

International stocks trading, currency and derivative contracts play an increasingly important role for many investors. Neural network is playing a dominant role in predicting the trends in stock markets and in currency speculation. In most economic applications, the success rate using neural networks is limited to 70 - 80%. By means of the new approach of GMDH (Group Method of Data Handling) neural network predictions can be improved further by 10 - 15%. It was observed in our study, that using GMDH for short, noisy or inaccurate data sample resulted in the best-simplified model. In the GMDH model accuracy of prediction is higher and the structure is simpler than that of the usual full physical model. As an example, prediction of the activity on the stock exchange in New York was considered. On the basis of observations in the period of Jan '95 to July '98, several variables of the stock market (S&P 500, Small Cap, Dow Jones, etc.) were predicted. A model portfolio using various stocks (Amgen, Merck, Office Depot, etc.) was built and its performance was evaluated based on neural network forecasting of the closing prices. Comparison of results was made with various neural network models such as Multilayer Perceptrons with Back Propagation, and the GMDH neural network. Variations of GMDH were studied and analysis of their performance is reported in the paper.

Sector strength and efficiency on developed and emerging financial markets

NASA Astrophysics Data System (ADS)

Fiedor, Paweł

2014-11-01

In this paper we analyse the importance of sectors and market efficiency on developed and emerging financial markets. To perform this we analyse New York Stock Exchange between 2004 and 2013 and Warsaw Stock Exchange between 2000 and 2013. To find out the importance of sectors we construct minimal spanning trees for annual time series consisting of daily log returns and calculate centrality measures for all stocks, which we then aggregate by sectors. Such analysis is of interest to analysts for whom the knowledge of the influence of particular groups of stocks to the market behaviour is crucial. We also analyse the predictability of price changes on those two markets formally, using the information-theoretic concept of entropy rate, to find out the differences in market efficiency between a developed and an emerging market, and between sectors themselves. We postulate that such analysis is important to the study of financial markets as it can contribute to the profitability of investments, particularly in the case of algorithmic trading.

Population characteristics of channel catfish near the northern edge of their distribution: implications for management

USGS Publications Warehouse

Carter-Lynn, K. P.; Quist, Michael C.

2015-01-01

Channel catfish, Ictalurus punctatus (Rafinesque), populations in six lakes in northern Idaho, USA, were sampled to describe their population characteristics. During the summers of 2011 and 2012, 4864 channel catfish were sampled. Channel catfish populations had low to moderate catch rates, and length structure was dominated by fish <400 mm. Channel catfish were in good body condition. All populations were maintained by stocking age-1 or age-2 fish. Growth of fish reared in thermally enriched environments prior to stocking was fast compared to other North American channel catfish populations. After stocking, growth of channel catfish declined rapidly. Once stocked, cold water temperatures, prey resources and (or) genetic capabilities limited growth. Total annual mortality of age 2 and older channel catfish was generally <40%. Tag returns indicated that angler exploitation was low, varying from 0 to 43% among lakes. This research provides insight on factors regulating channel catfish population dynamics and highlights important considerations associated with their ecology and management.

Otolith shape analysis for stock discrimination of two Collichthys genus croaker (Pieces: Sciaenidae,) from the northern Chinese coast

NASA Astrophysics Data System (ADS)

Zhao, Bo; Liu, Jinhu; Song, Junjie; Cao, Liang; Dou, Shuozeng

2017-08-01

The otolith morphology of two croaker species (Collichthys lucidus and Collichthys niveatus) from three areas (Liaodong Bay, LD; Huanghe (Yellow) River estuary, HRE; Jiaozhou Bay, JZ) along the northern Chinese coast were investigated for species identification and stock discrimination. The otolith contour shape described by elliptic Fourier coefficients (EFC) were analysed using principal components analysis (PCA) and stepwise canonical discriminant analysis (CDA) to identify species and stocks. The two species were well differentiated, with an overall classification success rate of 97.8%. And variations in the otolith shapes were significant enough to discriminate among the three geographical samples of C. lucidus (67.7%) or C. niveatus (65.2%). Relatively high mis-assignment occurred between the geographically adjacent LD and HRE samples, which implied that individual mixing may exist between the two samples. This study yielded information complementary to that derived from genetic studies and provided information for assessing the stock structure of C. lucidus and C. niveatus in the Bohai Sea and the Yellow Sea.

Managing Polyploidy in Ex Situ Conservation Genetics: The Case of the Critically Endangered Adriatic Sturgeon (Acipenser naccarii)

PubMed Central

Congiu, Leonardo; Pujolar, Jose Martin; Forlani, Anna; Cenadelli, Silvia; Dupanloup, Isabelle; Barbisan, Federica; Galli, Andrea; Fontana, Francesco

2011-01-01

While the current expansion of conservation genetics enables to address more efficiently the management of threatened species, alternative methods for genetic relatedness data analysis in polyploid species are necessary. Within this framework, we present a standardized and simple protocol specifically designed for polyploid species that can facilitate management of genetic diversity, as exemplified by the ex situ conservation program for the tetraploid Adriatic sturgeon Acipenser naccarii. A critically endangered endemic species of the Adriatic Sea tributaries, its persistence is strictly linked to the ex situ conservation of a single captive broodstock currently decimated to about 25 individuals, which represents the last remaining population of Adriatic sturgeon of certain wild origin. The genetic variability of three F1 broodstocks available as future breeders was estimated based on mitochondrial and microsatellite information and compared with the variability of the parental generation. Genetic data showed that the F1 stocks have only retained part of the genetic variation present in the original stock due to the few parent pairs used as founders. This prompts for the urgent improvement of the current F1 stocks by incorporating new founders that better represent the genetic diversity available. Following parental allocation based on band sharing values, we set up a user-friendly tool for selection of candidate breeders according to relatedness between all possible parent-pairs that secures the use of non-related individuals. The approach developed here could also be applied to other endangered tetraploid sturgeon species overexploited for caviar production, particularly in regions lacking proper infrastructure and/or expertise. PMID:21483472

Enhanced top soil carbon stocks under organic farming.

PubMed

Gattinger, Andreas; Muller, Adrian; Haeni, Matthias; Skinner, Colin; Fliessbach, Andreas; Buchmann, Nina; Mäder, Paul; Stolze, Matthias; Smith, Pete; Scialabba, Nadia El-Hage; Niggli, Urs

2012-10-30

It has been suggested that conversion to organic farming contributes to soil carbon sequestration, but until now a comprehensive quantitative assessment has been lacking. Therefore, datasets from 74 studies from pairwise comparisons of organic vs. nonorganic farming systems were subjected to metaanalysis to identify differences in soil organic carbon (SOC). We found significant differences and higher values for organically farmed soils of 0.18 ± 0.06% points (mean ± 95% confidence interval) for SOC concentrations, 3.50 ± 1.08 Mg C ha(-1) for stocks, and 0.45 ± 0.21 Mg C ha(-1) y(-1) for sequestration rates compared with nonorganic management. Metaregression did not deliver clear results on drivers, but differences in external C inputs and crop rotations seemed important. Restricting the analysis to zero net input organic systems and retaining only the datasets with highest data quality (measured soil bulk densities and external C and N inputs), the mean difference in SOC stocks between the farming systems was still significant (1.98 ± 1.50 Mg C ha(-1)), whereas the difference in sequestration rates became insignificant (0.07 ± 0.08 Mg C ha(-1) y(-1)). Analyzing zero net input systems for all data without this quality requirement revealed significant, positive differences in SOC concentrations and stocks (0.13 ± 0.09% points and 2.16 ± 1.65 Mg C ha(-1), respectively) and insignificant differences for sequestration rates (0.27 ± 0.37 Mg C ha(-1) y(-1)). The data mainly cover top soil and temperate zones, whereas only few data from tropical regions and subsoil horizons exist. Summarizing, this study shows that organic farming has the potential to accumulate soil carbon.

Enhanced top soil carbon stocks under organic farming

PubMed Central

Gattinger, Andreas; Muller, Adrian; Haeni, Matthias; Skinner, Colin; Fliessbach, Andreas; Buchmann, Nina; Mäder, Paul; Stolze, Matthias; Smith, Pete; Scialabba, Nadia El-Hage; Niggli, Urs

2012-01-01

It has been suggested that conversion to organic farming contributes to soil carbon sequestration, but until now a comprehensive quantitative assessment has been lacking. Therefore, datasets from 74 studies from pairwise comparisons of organic vs. nonorganic farming systems were subjected to metaanalysis to identify differences in soil organic carbon (SOC). We found significant differences and higher values for organically farmed soils of 0.18 ± 0.06% points (mean ± 95% confidence interval) for SOC concentrations, 3.50 ± 1.08 Mg C ha−1 for stocks, and 0.45 ± 0.21 Mg C ha−1 y−1 for sequestration rates compared with nonorganic management. Metaregression did not deliver clear results on drivers, but differences in external C inputs and crop rotations seemed important. Restricting the analysis to zero net input organic systems and retaining only the datasets with highest data quality (measured soil bulk densities and external C and N inputs), the mean difference in SOC stocks between the farming systems was still significant (1.98 ± 1.50 Mg C ha−1), whereas the difference in sequestration rates became insignificant (0.07 ± 0.08 Mg C ha−1 y−1). Analyzing zero net input systems for all data without this quality requirement revealed significant, positive differences in SOC concentrations and stocks (0.13 ± 0.09% points and 2.16 ± 1.65 Mg C ha−1, respectively) and insignificant differences for sequestration rates (0.27 ± 0.37 Mg C ha−1 y−1). The data mainly cover top soil and temperate zones, whereas only few data from tropical regions and subsoil horizons exist. Summarizing, this study shows that organic farming has the potential to accumulate soil carbon. PMID:23071312

Integrating diverse forage sources reduces feed gaps on mixed crop-livestock farms.

PubMed

Bell, L W; Moore, A D; Thomas, D T

2017-12-04

Highly variable climates induce large variability in the supply of forage for livestock and so farmers must manage their livestock systems to reduce the risk of feed gaps (i.e. periods when livestock feed demand exceeds forage supply). However, mixed crop-livestock farmers can utilise a range of feed sources on their farms to help mitigate these risks. This paper reports on the development and application of a simple whole-farm feed-energy balance calculator which is used to evaluate the frequency and magnitude of feed gaps. The calculator matches long-term simulations of variation in forage and metabolisable energy supply from diverse sources against energy demand for different livestock enterprises. Scenarios of increasing the diversity of forage sources in livestock systems is investigated for six locations selected to span Australia's crop-livestock zone. We found that systems relying on only one feed source were prone to higher risk of feed gaps, and hence, would often have to reduce stocking rates to mitigate these risks or use supplementary feed. At all sites, by adding more feed sources to the farm feedbase the continuity of supply of both fresh and carry-over forage was improved, reducing the frequency and magnitude of feed deficits. However, there were diminishing returns from making the feedbase more complex, with combinations of two to three feed sources typically achieving the maximum benefits in terms of reducing the risk of feed gaps. Higher stocking rates could be maintained while limiting risk when combinations of other feed sources were introduced into the feedbase. For the same level of risk, a feedbase relying on a diversity of forage sources could support stocking rates 1.4 to 3 times higher than if they were using a single pasture source. This suggests that there is significant capacity to mitigate both risk of feed gaps at the same time as increasing 'safe' stocking rates through better integration of feed sources on mixed crop-livestock farms across diverse regions and climates.

Assessing stability and performance of a digitally enabled supply chain: Retrospective of a pilot in Uttar Pradesh, India.

PubMed

Gilbert, Sarah Skye; Thakare, Neeraj; Ramanujapuram, Arun; Akkihal, Anup

2017-04-19

Immunization supply chains in low resource settings do not always reach children with necessary vaccines. Digital information systems can enable real time visibility of inventory and improve vaccine availability. In 2014, a digital, mobile/web-based information system was implemented in two districts of Uttar Pradesh, India. This retrospective investigates improvements and stabilization of supply chain performance following introduction of the digital information system. All data were collected via the digital information system between March 2014 and September 2015. Data included metadata and transaction logs providing information about users, facilities, and vaccines. Metrics evaluated include adoption (system access, timeliness and completeness), data quality (error rates), and performance (stock availability on immunization session days, replenishment response duration, rate of zero stock events). Stability was defined as the phase in which quality and performance metrics achieved equilibrium rates with minimal volatility. The analysis compared performance across different facilities and vaccines. Adoption appeared sufficiently high from the onset to commence stability measures of data quality and supply chain performance. Data quality stabilized from month 3 onwards, and supply chain performance stabilized from month 13 onwards. For data quality, error rates reduced by two thirds post stabilization. Although vaccine availability remained high throughout the pilot, the three lowest-performing facilities improved from 91.05% pre-stability to 98.70% post-stability (p<0.01; t-test). Average replenishment duration (as a corrective response to stock-out events) decreased 52.3% from 4.93days to 2.35days (p<0.01; t-test). Diphtheria-tetanus-pertussis vaccine was significantly less likely to be stocked out than any other material. The results suggest that given sufficient adoption, stability is sequentially achieved, beginning with data quality, and then performance. Identifying when a pilot stabilizes can enable more predictable, reliable cost estimates, and outcome forecasts in the scale-up phase. Copyright © 2017 The Authors. Published by Elsevier Ltd.. All rights reserved.

Effect of stocking rate and supplementation on performance of dairy cows grazing native grassland in small-scale systems in the highlands of central Mexico.

PubMed

Sainz-Sánchez, Pedro Alan; López-González, Felipe; Estrada-Flores, Julieta Gertrudis; Martínez-García, Carlos Galdino; Arriaga-Jordán, Carlos Manuel

2017-01-01

The use and management of native grassland for dairy production during the rainy season was studied on two small-scale dairy farms in the highlands of central Mexico. Two stocking rates (2 and 4 cows/ha) and two levels of supplementation with commercial concentrate (4 and 6 kg/cow/day) under grazing were given to 12 milking Holstein cows in a 4 × 4 Latin square design replicated three times in a factorial arrangement. Net herbage accumulation (NHA), sward height, chemical composition, and in vitro digestibility of organic matter were recorded for the grassland, as well as vegetation cover and herbage mass 12 weeks post experiment. Animal performance variables were milk yield and composition, live weight, and body condition score. A partial budget analysis of feeding costs, returns, and margins was calculated. There were no differences between periods for NHA and herbage height and between plots for chemical composition (P > 0.05). However, there were highly significant differences among periods (P < 0.01) for organic matter, neutral detergent fibre (NDF), acid detergent fibre, in vitro organic matter digestibility (IVOMD), and estimated metabolisable energy (eME), with highly significant plot × period interactions (P < 0.01) for NDF, IVOMD, and eME. There were no statistical differences (P > 0.05) between treatments for milk yield, chemical composition of milk, live weight, or body condition score. Post-experimental vegetation cover was 72 % for both stocking rates, indicating there was no degradation of the grassland. Lower feeding costs were for the low supplementation treatments. It is concluded that a high stocking rate in studied native grasslands of 4 cows/ha with moderate concentrate supplementation supports a mean milk yield of 11.9 kg/cow/day during the rainy season without deleterious effects on the grassland.

The effect of fire and permafrost interactions on soil carbon accumulation in an upland black spruce ecosystem of interior Alaska: Implications for post-thaw carbon loss

USGS Publications Warehouse

O'Donnell, J. A.; Harden, J.W.; McGuire, A.D.; Kanevskiy, M.Z.; Jorgenson, M.T.; Xu, X.

2011-01-01

High-latitude regions store large amounts of organic carbon (OC) in active-layer soils and permafrost, accounting for nearly half of the global belowground OC pool. In the boreal region, recent warming has promoted changes in the fire regime, which may exacerbate rates of permafrost thaw and alter soil OC dynamics in both organic and mineral soil. We examined how interactions between fire and permafrost govern rates of soil OC accumulation in organic horizons, mineral soil of the active layer, and near-surface permafrost in a black spruce ecosystem of interior Alaska. To estimate OC accumulation rates, we used chronosequence, radiocarbon, and modeling approaches. We also developed a simple model to track long-term changes in soil OC stocks over past fire cycles and to evaluate the response of OC stocks to future changes in the fire regime. Our chronosequence and radiocarbon data indicate that OC turnover varies with soil depth, with fastest turnover occurring in shallow organic horizons (~60 years) and slowest turnover in near-surface permafrost (>3000 years). Modeling analysis indicates that OC accumulation in organic horizons was strongly governed by carbon losses via combustion and burial of charred remains in deep organic horizons. OC accumulation in mineral soil was influenced by active layer depth, which determined the proportion of mineral OC in a thawed or frozen state and thus, determined loss rates via decomposition. Our model results suggest that future changes in fire regime will result in substantial reductions in OC stocks, largely from the deep organic horizon. Additional OC losses will result from fire-induced thawing of near-surface permafrost. From these findings, we conclude that the vulnerability of deep OC stocks to future warming is closely linked to the sensitivity of permafrost to wildfire disturbance. ?? 2010 Blackwell Publishing Ltd.

Stocking rate impact on soil water repellency and erodibility of burnt lands

NASA Astrophysics Data System (ADS)

Stavi, Ilan; Zaady, Eli

2017-04-01

Wildfires and prescribed burnings are common, modifying the functioning of geo-ecosystems. Such fires have been extensively studied, and reported to considerably affect soil properties. Yet, understanding of the impact of livestock grazing, or more precisely, trampling, in fire-affected lands is limited. The objective of this study was to assess the impact of livestock trampling (hoof action) on the functioning of burnt vs. non-burnt lands. This was studied by focusing on the effects on wettability and related properties of solid soil, as well as on the quantity of unconsolidated material (detached matter) lying on the solid ground surface. The study was implemented in the semi-arid northern Negev of Israel, in lands which experienced a one cycle of (unintended) low- to moderate-fire severity. The study was conducted by allowing livestock to access plots under high, medium, and low stocking rates. Also, livestock exclusion plots were assigned as a control treatment. Soil wettability was studied by water drop penetration time (WDPT) and critical surface tension (CST) tests. Results show that fire slightly decreased the soil wettability. However, WDPT was negatively related to the stocking rate, and CST was 13% smaller in the control plots than in the livestock-presence treatments. Also, the results show that following burning, the resistance of soil to shear decreased by 70%. Mass of unconsolidated material was similar in the control plots of the burnt and non-burnt plots. At the same time, it was three-, eight-, and nine- fold greater in the plots of the burnt × low, burnt × medium, and burnt × high stocking rates, respectively, than in the corresponding non-burnt ones. This study shows that livestock trampling in low- to moderate-intensity fire-affected lands increases the shearing of the ground surface layer. On the one hand, this increases soil wettability. On the other hand, this impact considerably increases risks of on-site soil erosion and land degradation, and off-site environmental pollution.

A classed and annotated bibliography of fossil insects

USGS Publications Warehouse

Scudder, Samuel Hubbard

1890-01-01

The present work is an extension to date of a bibliography published in 1882.  It has, however, been altered in a few details, and, besides being fuller, differs from that in being a classed list, the works and essays which cover the entire field (which embraces not only insects proper, but also myriapods and arachnids) being placed first, followed by the more special memoirs grouped first by times, next by classes orders, etc., the classification employed in my Systematic Review of Fossil Insects, being used as a convenient basis.  This will also form the basis of the Index to Known Fossil Insects, forming a later complementary bulletin.  The occasion for the publication of both of these at this time is the completion of the first extended account of the American Tertiary insects given in Vol XIII of the Hayden series of geological reports, by which the numbers of the European and American insects bear for the first time some sort of proper relation to each other, at least in the lower groups.  This makes an immediate "account of stock," to employ a commercial term, desirable.

Environmental controls on soil organic carbon and nitrogen stocks in the high-altitude arid western Qinghai-Tibetan Plateau permafrost region

NASA Astrophysics Data System (ADS)

Wu, Xiaodong; Zhao, Lin; Fang, Hongbing; Zhao, Yuguo; Smoak, Joseph M.; Pang, Qiangqiang; Ding, Yongjian

2016-01-01

While permafrost in the circum-Artic has great influence on soil organic carbon (SOC) and total nitrogen (TN) stocks, this might not be the case in low-latitude arid permafrost regions. We test this hypothesis in the western Qinghai-Tibetan Plateau (QTP) permafrost region. Fifty-nine soil profiles were analyzed to examine the SOC and TN distribution and the controlling factors in western QTP, which is a desert steppe ecoregion. Mean stocks of SOC (5.29 kg m-2) and TN (0.56 kg m-2) for the top 200 cm in this area were lower than those of the east QTP and circum-Arctic regions. The SOC and TN stocks under vegetative cover with permafrost conditions were significantly higher than those of desert conditions. The SOC and TN stocks for the layers of different depths were related to the content of clay, silt, and moisture. Although the active layer thickness (ALT) had a significant negative correlation to soil moisture, the ALT explained little or no variance in the SOC and TN stocks. The results showed that in the vast permafrost regions of the western QTP, the SOC and TN stocks are very low, and the main controlling factors for the SOC and TN are soil texture, moisture, and vegetation type. The SOC pool in this area may not be as vulnerable to degradation associated with climate warming and thus not emit greenhouse gases at the same rate as other permafrost regions. The different response of the SOC in this region should be considered in carbon cycling models.

Simulation of salinity effects on past, present, and future soil organic carbon stocks.

PubMed

Setia, Raj; Smith, Pete; Marschner, Petra; Gottschalk, Pia; Baldock, Jeff; Verma, Vipan; Setia, Deepika; Smith, Jo

2012-02-07

Soil organic carbon (SOC) models are used to predict changes in SOC stocks and carbon dioxide (CO(2)) emissions from soils, and have been successfully validated for non-saline soils. However, SOC models have not been developed to simulate SOC turnover in saline soils. Due to the large extent of salt-affected areas in the world, it is important to correctly predict SOC dynamics in salt-affected soils. To close this knowledge gap, we modified the Rothamsted Carbon Model (RothC) to simulate SOC turnover in salt-affected soils, using data from non-salt-affected and salt-affected soils in two agricultural regions in India (120 soils) and in Australia (160 soils). Recently we developed a decomposition rate modifier based on an incubation study of a subset of these soils. In the present study, we introduce a new method to estimate the past losses of SOC due to salinity and show how salinity affects future SOC stocks on a regional scale. Because salinity decreases decomposition rates, simulations using the decomposition rate modifier for salinity suggest an accumulation of SOC. However, if the plant inputs are also adjusted to reflect reduced plant growth under saline conditions, the simulations show a significant loss of soil carbon in the past due to salinization, with a higher average loss of SOC in Australian soils (55 t C ha(-1)) than in Indian soils (31 t C ha(-1)). There was a significant negative correlation (p < 0.05) between SOC loss and osmotic potential. Simulations of future SOC stocks with the decomposition rate modifier and the plant input modifier indicate a greater decrease in SOC in saline than in non-saline soils under future climate. The simulations of past losses of SOC due to salinity were repeated using either measured charcoal-C or the inert organic matter predicted by the Falloon et al. equation to determine how much deviation from the Falloon et al. equation affects the amount of plant inputs generated by the model for the soils used in this study. Both sets of results suggest that saline soils have lost carbon and will continue to lose carbon under future climate. This demonstrates the importance of both reduced decomposition and reduced plant input in simulations of future changes in SOC stocks in saline soils.

The Effects of Rising Interest Rates on Electric Utility Stock Prices: Regulatory Considerations and Approaches

DOE Office of Scientific and Technical Information (OSTI.GOV)

Kihm, Steve; Satchwell, Andrew; Cappers, Peter

This technical brief identifies conditions under which utility regulators should consider implementing policy approaches that seek to mitigate negative outcomes due to an increase in interest rates. Interest rates are a key factor in determining a utility’s cost of equity and investors find value when returns exceed the cost of equity. Through historical observations of periods of rising and falling interest rates and application of a pro forma financial tool, we identify the key drivers of utility stock valuations and estimate the degree to which those valuations might be affected by increasing interest rates.3 We also analyze the efficacy ofmore » responses by utility regulators to mitigate potential negative financial impacts. We find that regulators have several possible approaches to mitigate a decline in value in an environment of increasing interest rates, though regulators must weigh the tradeoffs of improving investor value with potential increases in customer costs. Furthermore, the range of approaches reflects today’s many different electric utility regulatory models and regulatory responses to a decline in investor value will fit within state-specific models.« less

Differential response to stocking rates and feeding by two genotypes of Holstein-Friesian cows in a pasture-based automatic milking system.

PubMed

Nieman, C C; Steensma, K M; Rowntree, J E; Beede, D K; Utsumi, S A

2015-12-01

The throughput of automatic milking systems (AMS) is likely affected by differential traffic behavior and subsequent effects on the milking frequency and milk production of cows. This study investigated the effect of increasing stocking rate and partial mixed ration (PMR) on the milk production, dry matter intake (DMI), feed conversion efficiency (FCE) and use of AMS by two genotypes of Holstein-Friesian cows in mid-lactation. The study lasted 8 weeks and consisted in a factorial arrangement of two genotypes of dairy cattle, United States Holstein (USH) or New Zealand Friesian (NZF), and two pasture-based feeding treatments, a low stocking rate system (2 cows/ha) fed temperate pasture and concentrate, or a high stocking rate system (HSR; 3 cows/ha) fed same pasture and concentrate plus PMR. A total of 28 cows, 14 USH and 14 NZF, were used for comparisons, with 12 cows, six USH and six NZF, also used for tracking of animal movements. Data were analyzed by repeated measure mixed models for a completely randomized design. No differences (P>0.05) in pre- or post-grazing herbage mass, DMI and FCE were detected in response to increases in stocking rate and PMR feeding in HSR. However, there was a significant (P<0.05) grazing treatment×genotype×week interaction on milk production, explained by differential responses of genotypes to changes in herbage mass over time (P<0.001). A reduction (P<0.01) in hours spent on pasture was detected in response to PMR supplementation in HSR; this reduction was greater (P=0.01) for USH than NZF cows (6 v. 2 h, respectively). Regardless of the grazing treatment, USH cows had greater (P=0.02) milking frequency (2.51 v. 2.26±0.08 milkings/day) and greater (P<0.01) milk yield (27.3 v. 16.0±1.2 kg/day), energy-corrected milk (24.8 v. 16.5±1.0 kg/day), DMI (22.1 v. 16.6±0.8 kg/day) and FCE (1.25 v. 1.01±0.06 kg/kg) than NZF cows. There was also a different distribution of milkings/h between genotypes (P<0.001), with patterns of milkings/h shifting (P<0.001) as a consequence of PMR feeding in HSR. Results confirmed the improved FCE of grazing dairy cows with greater milk production and suggested the potential use of PMR feeding as a tactical decision to managing HSR and milkings/day in AMS farms.

Impacts of Cropping Systems on Aggregates Associated Organic Carbon and Nitrogen in a Semiarid Highland Agroecosystem

PubMed Central

Chu, Jiashu; Zhang, Tianzhe; Chang, Weidong; Zhang, Dan; Zulfiqar, Saman; Fu, Aigen; Hao, Yaqi

2016-01-01

The effect of cropping system on the distribution of organic carbon (OC) and nitrogen (N) in soil aggregates has not been well addressed, which is important for understanding the sequestration of OC and N in agricultural soils. We analyzed the distribution of OC and N associated with soil aggregates in three unfertilized cropping systems in a 27-year field experiment: continuously cropped alfalfa, continuously cropped wheat and a legume-grain rotation. The objectives were to understand the effect of cropping system on the distribution of OC and N in aggregates and to examine the relationships between the changes in OC and N stocks in total soils and in aggregates. The cropping systems increased the stocks of OC and N in total soils (0–40 cm) at mean rates of 15.6 g OC m-2 yr-1 and 1.2 g N m-2 yr-1 relative to a fallow control. The continuous cropping of alfalfa produced the largest increases at the 0–20 cm depth. The OC and N stocks in total soils were significantly correlated with the changes in the >0.053 mm aggregates. 27-year of cropping increased OC stocks in the >0.053 mm size class of aggregates and N stocks in the >0.25 mm size class but decreased OC stocks in the <0.053 mm size class and N stocks in the <0.25 mm size class. The increases in OC and N stocks in these aggregates accounted for 99.5 and 98.7% of the total increases, respectively, in the continuous alfalfa system. The increases in the OC and N stocks associated with the >0.25 mm aggregate size class accounted for more than 97% of the total increases in the continuous wheat and the legume-grain rotation systems. These results suggested that long-term cropping has the potential to sequester OC and N in soils and that the increases in soil OC and N stocks were mainly due to increases associated with aggregates >0.053 mm. PMID:27764209

Share Market Analysis Using Various Economical Determinants to Predict Decision of Investors

NASA Astrophysics Data System (ADS)

Ghosh, Arijit; Roy, Samrat; Bandyopadhyay, Gautam; Choudhuri, Kripasindhu

2010-10-01

The following paper tries to develop six major hypotheses in Bombay Stock Exchange (BSE) in India. The paper tries to proof the hypothesis by collecting data from the fields on six sectors: oil prices, gold price, Cash Reserve Ratio, food price inflation, call money rate and Dollar price. The research uses these data as indicators to identify relationship and level of influence on Share prices of Bombay Stock Exchange by rejecting and accepting the null hypothesis.

Resolving the Origin of Rabbit Hemorrhagic Disease Virus: Insights from an Investigation of the Viral Stocks Released in Australia

PubMed Central

Eden, John-Sebastian; Read, Andrew J.; Duckworth, Janine A.; Strive, Tanja

2015-01-01

To resolve the evolutionary history of rabbit hemorrhagic disease virus (RHDV), we performed a genomic analysis of the viral stocks imported and released as a biocontrol measure in Australia, as well as a global phylogenetic analysis. Importantly, conflicts were identified between the sequences determined here and those previously published that may have affected evolutionary rate estimates. By removing likely erroneous sequences, we show that RHDV emerged only shortly before its initial description in China. PMID:26378178

System Dynamics to Model the Unintended Consequences of Denying Payment for Venous Thromboembolism after Total Knee Arthroplasty

PubMed Central

Worni, Mathias; Pietrobon, Ricardo; Zammar, Guilherme Roberto; Shah, Jatin; Yoo, Bryan; Maldonato, Mauro; Takemoto, Steven; Vail, Thomas P.

2012-01-01

Background The Hospital Acquired Condition Strategy (HACS) denies payment for venous thromboembolism (VTE) after total knee arthroplasty (TKA). The intention is to reduce complications and associated costs, while improving the quality of care by mandating VTE prophylaxis. We applied a system dynamics model to estimate the impact of HACS on VTE rates, and potential unintended consequences such as increased rates of bleeding and infection and decreased access for patients who might benefit from TKA. Methods and Findings The system dynamics model uses a series of patient stocks including the number needing TKA, deemed ineligible, receiving TKA, and harmed due to surgical complication. The flow of patients between stocks is determined by a series of causal elements such as rates of exclusion, surgery and complications. The number of patients harmed due to VTE, bleeding or exclusion were modeled by year by comparing patient stocks that results in scenarios with and without HACS. The percentage of TKA patients experiencing VTE decreased approximately 3-fold with HACS. This decrease in VTE was offset by an increased rate of bleeding and infection. Moreover, results from the model suggest HACS could exclude 1.5% or half a million patients who might benefit from knee replacement through 2020. Conclusion System dynamics modeling indicates HACS will have the intended consequence of reducing VTE rates. However, an unintended consequence of the policy might be increased potential harm resulting from over administration of prophylaxis, as well as exclusion of a large population of patients who might benefit from TKA. PMID:22536313

Long-term, high-spatial resolution carbon balance monitoring of the Amazonian frontier: Predisturbance and postdisturbance carbon emissions and uptake

NASA Astrophysics Data System (ADS)

Toomey, Michael; Roberts, Dar A.; Caviglia-Harris, Jill; Cochrane, Mark A.; Dewes, Candida F.; Harris, Daniel; Numata, Izaya; Sales, Marcio H.; Sills, Erin; Souza, Carlos M.

2013-06-01

We performed high-spatial and high-temporal resolution modeling of carbon stocks and fluxes in the state of Rondônia, Brazil for the period 1985-2009, using annual Landsat-derived land cover classifications and a modified bookkeeping modeling approach. According to these results, Rondônia contributed 3.5-4% of pantropical humid forest deforestation emissions over this period. Similar to well-known figures reported by the Brazilian Space Agency, we found a decline in deforestation rates since 2006. However, we estimate a lesser decrease, with deforestation rates continuing at levels similar to the early 2000s. Forest carbon stocks declined at an annual rate of 1.51%; emissions from postdisturbance land use nearly equaled those of the initial deforestation events. Carbon uptake by secondary forest was negligible due to limited spatial extent and high turnover rates. Net carbon emissions represented 93% of initial forest carbon stocks, due in part to repeated slash and pasture burnings and secondary forest clearing. We analyzed potential error incurred when spatially aggregating land cover by comparing results based on coarser-resolution (250 m) and full-resolution land cover products. At the coarser resolution, more than 90% of deforestation and secondary forest would be unresolvable, assuming that a 50% change threshold is necessary for detection. Therefore, we strongly suggest the use of Landsat-scale ( 30m) resolution carbon monitoring in tropical regions dominated by nonmechanized, smallholder land use change.

The increase of soil organic carbon as proposed by the "4/1000 initiative" is strongly limited by the status of soil development - A case study along a substrate age gradient in Central Europe.

PubMed

Schiefer, Jasmin; Lair, Georg J; Lüthgens, Christopher; Wild, Eva Maria; Steier, Peter; Blum, Winfried E H

2018-07-01

During COP 21 in Paris 2015, several states and organizations agreed on the "4/1000" initiative for food security and climate. This initiative aims to increase world's soil organic carbon (SOC) stocks by 4‰ annually. The influence of soil development status on SOC dynamics is very important but usually not considered in studies. We analyse SOC accumulation under forest, grassland and cropping systems along a soil age gradient (10-17,000years) to show the influence of soil development status on SOC increase. SOC stocks (0-40cm) and accumulation rates along a chronosequence in alluvial soils of the Danube River in the Marchfeld (eastern Austria) were analysed. The analysed Fluvisols and Chernozems have been used as forest, grassland and cropland for decades or hundreds of years. The results showed that there is a fast build-up of OC stocks (0-40cm) in young soils with accumulation of ~1.3tha -1 a -1 OC in the first 100years and ~0.5tha -1 a -1 OC between 100 and 350years almost independent of land use. Chernozems with a sediment deposition age older than 5.000years have an accumulation rate<0.01tOCha -1 a -1 (0-40cm). Radiocarbon dating showed that the topsoil (0-10cm) consists mainly of ">modern" and "modern" carbon indicating a fast carbon cycling. Carbon in subsoil is less exposed to decomposition and OC can be stored at long-time scales in the subsoil ( 14 C age of 3670±35 BP). In view of the '4/1000' initiative, soils with constant carbon input (forest & grassland) fulfil the intended 4‰ growth rate of SOC stocks only in the first 60years of soil development. We proclaim that under the present climate in Central Europe, the increase of SOC stocks in soil is strongly affected by the state of soil development. Copyright © 2018 Elsevier B.V. All rights reserved.

Soil carbon stocks and their rates of accumulation and loss in a boreal forest landscape

USGS Publications Warehouse

Rapalee, G.; Trumbore, S.E.; Davidson, E.A.; Harden, J.W.; Veldhuis, H.

1998-01-01

Boreal forests and wetlands are thought to be significant carbon sinks, and they could become net C sources as the Earth warms. Most of the C of boreal forest ecosystems is stored in the moss layer and in the soil. The objective of this study was to estimate soil C stocks (including moss layers) and rates of accumulation and loss for a 733 km2 area of the BOReal Ecosystem-Atmosphere Study site in northern Manitoba, using data from smaller-scale intensive field studies. A simple process-based model developed from measurements of soil C inventories and radiocarbon was used to relate soil C storage and dynamics to soil drainage and forest stand age. Soil C stocks covary with soil drainage class, with the largest C stocks occurring in poorly drained sites. Estimated rates of soil C accumulation or loss are sensitive to the estimated decomposition constants for the large pool of deep soil C, and improved understanding of deep soil C decomposition is needed. While the upper moss layers regrow and accumulate C after fires, the deep C dynamics vary across the landscape, from a small net sink to a significant source. Estimated net soil C accumulation, averaged for the entire 733 km2 area, was 20 g C m-2 yr-1 (28 g C m-2 yr-1 accumulation in surface mosses offset by 8 g C m-2 yr-1 lost from deep C pools) in a year with no fire. Most of the C accumulated in poorly and very poorly drained soils (peatlands and wetlands). Burning of the moss layer in only 1% of uplands would offset the C stored in the remaining 99% of the area. Significant interannual variability in C storage is expected because of the irregular occurrence of fire in space and time. The effects of climate change and management on fire frequency and on decomposition of immense deep soil C stocks are key to understanding future C budgets in boreal forests.

Can cemented dual-mobility cups be used without a reinforcement device in cases of mild acetabular bone stock alteration in total hip arthroplasty?

PubMed

Haen, T X; Lonjon, G; Vandenbussche, E

2015-12-01

Cemented versions of dual-mobility cups (DMCs), helpful in cases of bone stock alteration, are usually used in association with a reinforcement device. To simplify the intervention in elderly subjects or those with a poor bone stock, the cups can be cemented directly into the bone, but the long-term result remains uncertain. We conducted a retrospective study in this population so as to: (1) assess whether cemented fixation of a DMC without a reinforcement device leads to a higher loosening rate, (2) confirm its efficacy in preventing dislocations in subjects at high risk of instability, and (3) measure the functional results. Cemented fixation of a DMC is reliable in cases of moderate alteration of bone stock. Sixty-four patients (66 hips) undergoing implantation of a cemented DMC (Saturne™) without a reinforcement device were included in this single-center retrospective study. Their mean age was 79.8 years (range, 40-95 years). The indications varied: hip osteoarthritis (30.3%), prosthesis revision (44.0%), and trauma (25.8%). The patients were evaluated radiologically and clinically at follow-up. The main evaluation criterion was the revision rate for aseptic loosening. Dislocations, the infection rate, and the Postel Merle d'Aubigné (PMA) score were noted. At the mean follow-up of 4.2 years, three (4.6%) patients had been lost to follow-up and 22 (33.3%) had died. There was one case of aseptic loosening (1.5%). Cup survival was 98% at 5 years (95%CI [94-100]). There were no dislocations. There was one revision for infection. The mean PMA score was 15.5 (range, 9-18). The frequency of acetabular loosening was comparable to the frequency in cemented DMCs with a reinforcement device. A cemented DMC without a reinforcement device is possible and is a simple and viable option when there is moderate bone stock alteration. IV, retrospective cohort study. Copyright © 2015 Elsevier Masson SAS. All rights reserved.

76 FR 70199 - Self-Regulatory Organizations; The NASDAQ Stock Market LLC; Notice of Filing of Proposed Rule...

Federal Register 2010, 2011, 2012, 2013, 2014

2011-11-10

... rates. In effect, the Exchange is obtaining wholesale rates from the carriers and then charging a markup... a markup to allow the Exchange to cover its administrative costs and to earn a profit on its...

Population growth, interest rate, and housing tax in the transitional China

NASA Astrophysics Data System (ADS)

He, Ling-Yun; Wen, Xing-Chun

2017-03-01

This paper combines and develops the models in Lastrapes (2002) and Mankiw and Weil (1989), which enables us to analyze the effects of interest rate and population growth shocks on housing price in one integrated framework. Based on this model, we carry out policy simulations to examine whether the housing (stock or flow) tax reduces the housing price fluctuations caused by interest rate or population growth shocks. Simulation results imply that the choice of housing tax tools depends on the kind of shock that housing market faces. In the situation where the housing price volatility is caused by the population growth shock, the flow tax can reduce the volatility of housing price while the stock tax makes no difference to it. If the shock is resulting from the interest rate, the policy maker should not impose any kind of the housing taxes. Furthermore, the effect of one kind of the housing tax can be strengthened by that of the other type of housing tax.

Environmental Factors Associated with Success Rates of Australian Stock Herding Dogs

PubMed Central

Arnott, Elizabeth R.; Early, Jonathan B.; Wade, Claire M.; McGreevy, Paul D.

2014-01-01

This study investigated the current management practices associated with stock herding dogs on Australian farms. A parallel goal was to determine whether these practices and the characteristics of the dog handlers were associated with success rates. Success rate refers to the proportion of dogs acquired by the farmer that were retained as working dogs. Data on a total of 4,027 dogs were obtained through The Farm Dog Survey which gathered information from 812 herding dog owners around Australia. Using logistic regression, significant associations were identified between success rate and seven variables: dog breed, housing method, trial participation, age of the dog at acquisition, electric collar use, hypothetical maximum treatment expenditure and the conscientiousness score of the owner's personality. These findings serve as a guide to direct further research into ways of optimising herding dog performance and welfare. They emphasise the importance of not only examining the genetic predispositions of the working dog but also the impact the handler can have on a dog's success in the workplace. PMID:25136828

The European style arithmetic Asian option pricing with stochastic interest rate based on Black Scholes model

NASA Astrophysics Data System (ADS)

Winarti, Yuyun Guna; Noviyanti, Lienda; Setyanto, Gatot R.

2017-03-01

The stock investment is a high risk investment. Therefore, there are derivative securities to reduce these risks. One of them is Asian option. The most fundamental of option is option pricing. Many factors that determine the option price are underlying asset price, strike price, maturity date, volatility, risk free interest rate and dividends. Various option pricing usually assume that risk free interest rate is constant. While in reality, this factor is stochastic process. The arithmetic Asian option is free from distribution, then, its pricing is done using the modified Black-Scholes model. In this research, the modification use the Curran approximation. This research focuses on the arithmetic Asian option pricing without dividends. The data used is the stock daily closing data of Telkom from January 1 2016 to June 30 2016. Finnaly, those option price can be used as an option trading strategy.

SOC in Different Land Use Types: does Geomorphic Position Matter?

NASA Astrophysics Data System (ADS)

Hu, Y.; Sun, Q.; Wang, R.; Wang, Z.; Guo, S.

2016-12-01

Substantial research has been devoted to land use conversion induced changes of soil organic carbon (SOC) and total nitrogen (TN). However, most of the studies were based on local field plots, featuring single predominant landform (ex. rolling topography in Denmark, or Great Plain in the US). For regions integrated from complex landforms such as the Chinese Loess Plateau where tableland, sloping land and gullies are closely networked and each collectively covers a third of the area, the effects of land use changes to SOC and TN could spatially differ among geomorphic positions. So far, local farming management and policies on the Loess Plateau have often been guided by reports from single landform. To fully understand the potential effects of land use conversions to regional C and N cycling, a systematic investigation is highly in need to identify the relative contributions from different geomorphic positions. In this study on the Chinese Loess Plateau, soil profiles deep to 200 cm on three geomorphic positions (tableland, sloping land and gullies) were investigated, each having four types of land use (cropland, orchard, grassland, and woodland). The SOC and total N were measured and compared every layer of 20 cm. Our results show that: 1) the SOC stocks and TN in the surface soil (0-20 cm) was most enriched in downslope gullies and least stored in the summit tableland, demonstrating the erosional redistribution of SOC and TN along hillslopes. 2) After converting from cropland to grassland or woodland, the SOC stocks and TN in soil layer < 60 cm were significantly increased by 17-57% and 40-49%, demonstrating the benefits of land use conversion on SOC sequestration and N cycling. 3) More specifically, such positive increase of SOC stocks was more pronounced in the gullies than on the sloping land. 4) While the SOC stocks and TN in deep layers > 60 cm were more enriched on the tableland, the effects of land use conversions did not differ among the three geomorphic positions. Given the complexity of geomorphology on the Loess Plateau and its relevance of land use changes to regional ecosystem in China, the differentiated changes of SOC stocks and TN observed on tableland, sloping land and gullies highlight the necessity to properly account for the potential influence of geomorphic positions for each combination of land use and conversion.

Urban soils as hotspots of anthropogenic carbon accumulation: Review of stocks, mechanisms and factors

NASA Astrophysics Data System (ADS)

Vasenev, Viacheslav; Kuzyakov, Yakov

2017-04-01

Urban soils and cultural layers accumulate carbon (C) over centuries and consequently large C stocks are sequestered below the cities. These C stocks as well as the full range of processes and mechanisms leading to high C accumulation in urban soils remain unknown. We collected data on organic (SOC), inorganic (SOC) and black (pyrogenic) (BC) C content in urban and natural soils from 100 papers based on Scopus and Web-of-Knowledge databases. The yielded database includes 770 values on SOC, SIC and BC stocks from 118 cities worldwide. The collected data were analyzed considering the effects of climatic conditions and urban-specific factors: city size, age and functional zoning. For the whole range of climatic conditions, the C contents in urban soils were 1.5-3 times higher than in respective natural soils. This higher C content and much deeper C accumulation in urban soils resulted in 3 to 5 times higher C stocks compared to natural soils. Urban SOC stocks were positively correlated with latitude, whereas SIC stocks were less affected by climate. The city size and age were the main factors controlling intra-city variability of C stocks with higher stocks in small cities compared to megapolises and in medieval compared to new cities. The inter-city variability of C stocks was dominated by functional zoning: large SOC and N stocks in residential areas and large SIC and BC stocks in industrial zones and roadsides were similar for all climates and for cities of different size and age. Substantial stocks of SOC, SIC and N were sequestered for long-term in the subsoils and cultural layers of the sealed soils, which underline the importance of these 'hidden' stocks for C assessments. Typical and specific for urban soils is that the anthropogenic factor overshadows the other five factors of soil formation. Substantial C stocks in urban soils and cultural layers result from specific mechanisms of C accumulation in cities: i) large and long-term C inputs from outside the city (e.g. suburban, agricultural and forest areas), and ii) C accumulation in parallel with upward soil growing without complete mineralization (common in natural soils). These mechanisms result over long period in gradual growing-up of urban soils and C accumulation. The average rate of urban soils' uprising growth of 50 cm per century and the average SOC contents of 3-5% led conclude that urban soils accumulate 15-30 kg C m-2 per century without steady state (common for all natural soils). These factors lead to high potential of urban soils for long-term C sequestration. We conclude that despite small area under the cities, urban soils are hotspots of belowground long-term C sequestration worldwide and the importance of urban soils will increase in future with global urbanization.

Expected rate of fisheries-induced evolution is slow

PubMed Central

Andersen, Ken H.; Brander, Keith

2009-01-01

Commercial fisheries exert high mortalities on the stocks they exploit, and the consequent selection pressure leads to fisheries-induced evolution of growth rate, age and size at maturation, and reproductive output. Productivity and yields may decline as a result, but little is known about the rate at which such changes are likely to occur. Fisheries-induced evolution of exploited populations has recently become a subject of concern for policy makers, fisheries managers, and the general public, with prominent calls for mitigating management action. We make a general evolutionary impact assessment of fisheries by calculating the expected rate of fisheries-induced evolution and the consequent changes in yield. Rates of evolution are expected to be ≈0.1–0.6% per year, and the consequent reductions in fisheries yield are <0.7% per year. These rates are at least a factor of 5 lower than published values based on experiments and analyses of population time series, and we explain why the published rates may be overestimates. Dealing with evolutionary effects of fishing is less urgent than reducing the direct detrimental effects of overfishing on exploited stocks and on their marine ecosystems. PMID:19564596

An Evaluation of Rebuilding Policies for U.S. Fisheries.

PubMed

Benson, Ashleen Julia; Cooper, Andrew B; Carruthers, Thomas R

2016-01-01

Rebuilding depleted fish populations is a priority of modern fisheries management. In the U.S., strong statutory mandates extend to both the goals and process by which stocks are to be rebuilt. However, the National Standard Guidelines that govern the implementation of the Magnuson-Stevens Fishery Conservation and Management Act may change to increase flexibility in rebuilding requirements. In this study we evaluate performance of the status quo approach to fish stock rebuilding in the United States against 3 alternatives that have been proposed to improve rebuilding outcomes. These alternatives either simplify the analytical requirements of rebuilding analyses or apply 'best practices' in fisheries management, thereby avoiding the need for rebuilding analyses altogether. We use a Management Strategy Evaluation framework to evaluate rebuilding options across 6 fish life history types and 5 possible real-world fishery scenarios that include options for stock assessment quality, multiple fleets, and the degree to which the stocks are overfished at the start of the analysis. We show that the status quo rebuilding plan and a harvest control rule that reduces harvest rates at low stock size generally achieve the best rebuilding outcomes across all life-history types and fishery scenarios. Both approaches constrain fishing in the short term, but achieve high catches in the medium and long term as stocks rebuild to productive levels. These results support a growing body of literature that indicates that efforts to end overfishing early pay off in the medium- to long-term with higher cumulative catches than the alternative.

After the Burn: Forest Carbon Stocks and Fluxes across fire disturbed landscapes in Colorado, U.S.A.

NASA Astrophysics Data System (ADS)

Barnes, R. T.; Buma, B.; Wolf, K.; Elwood, K. K.; Fehsenfeld, T.; Kehlenbeck, M.

2015-12-01

In terrestrial ecosystems, ecological disturbances can strongly regulate material and energy flows. This often results from the reduction in biomass and associated ecological relationships and physiological processes. Researchers have noted an increase in the size and severity of disturbances, such as wildfire, in recent decades. While there is significant research examining post-disturbance carbon stocks and recovery, there is less known about the fate and quality of post-disturbance carbon pools. In an effort to understand the recovery and resilience of forest carbon stocks to severe wildfire we examined the carbon and black carbon (pyrogenic) stocks (e.g. above ground biomass, coarse woody debris, charcoal, soils) and export fluxes (stream export, soil respiration) within the burn scars of three Colorado fires (Hayman in 2002, Hinman in 2002, and Waldo Canyon in 2012) and compared them to nearby unburned forested ecosystems. The Hayman and Hinman fire comparison allows us to quantify differences between fire impacts in Ponderosa-Douglas Fir (montane) and Spruce-Fir (subalpine) ecosystems, while the Hayman and Waldo Canyon comparison gives us insights into how recovery time influences carbon biogeochemistry in these systems. We will present preliminary data comparing and relating terrestrial carbon and black carbon stocks, soil respiration rates, and watershed export fluxes.

Dynamic Model for the Stocks and Release Flows of Engineered Nanomaterials.

PubMed

Song, Runsheng; Qin, Yuwei; Suh, Sangwon; Keller, Arturo A

2017-11-07

Most existing life-cycle release models for engineered nanomaterials (ENM) are static, ignoring the dynamics of stock and flows of ENMs. Our model, nanoRelease, estimates the annual releases of ENMs from manufacturing, use, and disposal of a product explicitly taking stock and flow dynamics into account. Given the variabilities in key parameters (e.g., service life of products and annual release rate during use) nanoRelease is designed as a stochastic model. We apply nanoRelease to three ENMs (TiO 2 , SiO 2 and FeO x ) used in paints and coatings through seven product applications, including construction and building, household and furniture, and automotive for the period from 2000 to 2020 using production volume and market projection information. We also consider model uncertainties using Monte Carlo simulation. Compared with 2016, the total annual releases of ENMs in 2020 will increase by 34-40%, and the stock will increase by 28-34%. The fraction of the end-of-life release among total release flows will increase from 11% in 2002 to 43% in 2020. As compared to static models, our dynamic model predicts about an order of magnitude lower values for the amount of ENM released from this sector in the near-term while stock continues to build up in the system.

Edaphic controls on soil organic carbon stocks in restored grasslands

DOE Office of Scientific and Technical Information (OSTI.GOV)

O'Brien, Sarah L.; Jastrow, Julie D.; Grimley, David A.

Cultivation of undisturbed soils dramatically depletes organic carbon stocks at shallow depths, releasing a substantial quantity of stored carbon to the atmosphere. Restoration of native ecosystems can help degraded soils rebuild a portion of the depleted soil organic matter. However, the rate and magnitude of soil carbon accrual can be highly variable from site to site. Thus, a better understanding of the mechanisms controlling soil organic carbon stocks is necessary to improve predictions of soil carbon recovery. We measured soil organic carbon stocks and a suite of edaphic factors in the upper 10 cm of a series of restored tallgrassmore » prairies representing a range of drainage conditions. Our findings suggest that factors related to soil organic matter stabilization mechanisms (texture, polyvalent cations) were key predictors of soil organic carbon, along with variables that influence plant and microbial biomass (available phosphorus, pH) and soil moisture. Exchangeable soil calcium was the strongest single predictor, explaining 74% of the variation in soil organic carbon, followed by clay content,which explained 52% of the variation. Our results demonstrate that the cumulative effects of even relatively small differences in these edaphic properties can have a large impact on soil carbon stocks when integrated over several decades.« less

Stock and option portfolio using fuzzy logic approach

NASA Astrophysics Data System (ADS)

Sumarti, Novriana; Wahyudi, Nanang

2014-03-01

Fuzzy Logic in decision-making process has been widely implemented in various problems in industries. It is the theory of imprecision and uncertainty that was not based on probability theory. Fuzzy Logic adds values of degree between absolute true and absolute false. It starts with and builds on a set of human language rules supplied by the user. The fuzzy systems convert these rules to their mathematical equivalents. This could simplify the job of the system designer and the computer, and results in much more accurate representations of the way systems behave in the real world. In this paper we examine the decision making process of stock and option trading by the usage of MACD (Moving Average Convergence Divergence) technical analysis and Option Pricing with Fuzzy Logic approach. MACD technical analysis is for the prediction of the trends of underlying stock prices, such as bearish (going downward), bullish (going upward), and sideways. By using Fuzzy C-Means technique and Mamdani Fuzzy Inference System, we define the decision output where the value of MACD is high then decision is "Strong Sell", and the value of MACD is Low then the decision is "Strong Buy". We also implement the fuzzification of the Black-Scholes option-pricing formula. The stock and options methods are implemented on a portfolio of one stock and its options. Even though the values of input data, such as interest rates, stock price and its volatility, cannot be obtain accurately, these fuzzy methods can give a belief degree of the calculated the Black-Scholes formula so we can make the decision on option trading. The results show the good capability of the methods in the prediction of stock price trends. The performance of the simulated portfolio for a particular period of time also shows good return.

Migratory urge and gll Na+,K+-ATPase activity of hatchery-reared Atlantic salmon smolts from the Dennys and Penobscot River stocks, Maine

USGS Publications Warehouse

Spencer, Randall C.; Zydlewski, Joseph D.; Zydlewski, Gayle B.

2010-01-01

Hatchery-reared Atlantic salmon Salmo salar smolts produced from captive-reared Dennys River and sea-run Penobscot River broodstock are released into their source rivers in Maine. The adult return rate of Dennys smolts is comparatively low, and disparity in smolt quality between stocks resulting from genetic or broodstock rearing effects is plausible. Smolt behavior and physiology were assessed during sequential 14-d trials conducted in seminatural annular tanks with circular flow. “Migratory urge” (downstream movement) was monitored remotely using passive integrated transponder tags, and gill Na+,K+-ATPase activity was measured at the beginning and end of the trials to provide an index of smolt development. The migratory urge of both stocks was low in early April, increased 20-fold through late May, and declined by the end of June. The frequency and seasonal distribution of downstream movement were independent of stock. In March and April, initial gill Na+,K+-ATPase activities of Penobscot River smolts were lower than those of Dennys River smolts. For these trials, however, Penobscot River smolts increased enzyme activity after exposure to the tank, whereas Dennys River smolts did not, resulting in similar activities between stocks at the end of all trials. There was no clear relationship between migratory urge and gill Na+,K+-ATPase activity. Gill Na+,K+-ATPase activity of both stocks increased in advance of migratory urge and then declined while migratory urge was increasing. Maximum movement was observed from 2 h after sunset through 1 h after sunrise but varied seasonally. Dennys River smolts were slightly more nocturnal than Penobscot River smolts. These data suggest that Dennys and Penobscot River stocks are not markedly different in either physiological or behavioral expression of smolting.

Relationships among walleye population characteristics and genetic diversity in northern Wisconsin Lakes

USGS Publications Warehouse

Waterhouse, Matthew D.; Sloss, Brian L.; Isermann, Daniel A.

2014-01-01

The maintenance of genetic integrity is an important goal of fisheries management, yet little is known regarding the effects of management actions (e.g., stocking, harvest regulations) on the genetic diversity of many important fish species. Furthermore, relationships between population characteristics and genetic diversity remain poorly understood. We examined relationships among population demographics (abundance, recruitment, sex ratio, and mean age of the breeding population), stocking intensity, and genetic characteristics (heterozygosity, effective number of alleles, allelic richness, Wright's inbreeding coefficient, effective population size [Ne], mean d2 [a measure of inbreeding], mean relatedness, and pairwise population ΦST estimates) for 15 populations of Walleye Sander vitreus in northern Wisconsin. We also tested for potential demographic and genetic influences on Walleye body condition and early growth. Combinations of demographic variables explained 47.1–79.8% of the variation in genetic diversity. Skewed sex ratios contributed to a reduction in Ne and subsequent increases in genetic drift and relatedness among individuals within populations; these factors were correlated to reductions in allelic richness and early growth rate. Levels of inbreeding were negatively related to both age-0 abundance and mean age, suggesting Ne was influenced by recruitment and generational overlap. A negative relationship between the effective number of alleles and body condition suggests stocking affected underlying genetic diversity of recipient populations and the overall productivity of the population. These relationships may result from poor performance of stocked fish, outbreeding depression, or density-dependent factors. An isolation-by-distance pattern of genetic diversity was apparent in nonstocked populations, but was disrupted in stocked populations, suggesting that stocking affected genetic structure. Overall, demographic factors were related to genetic diversity and stocking appeared to alter allelic frequencies and the genetic structure of Walleye populations in Wisconsin, possibly resulting in disruption of local adaptation.

[Using Interdisciplinary Cooperation to Improve the Rate of Proper Performance of a Hand Exercise Among Hemodialysis Patients With Arteriovenous Fistula Construction].

PubMed

Hsiao, Ya-Hsin; Shin, Miao-Ling; Huang, Cyong-Pei; Chen, Siang-Jyun; Huang, Tsuey-Yuan

2017-06-01

Patients who undergo new arteriovenous fistula (AVF) construction as part of their hemodialysis treatment program are required to perform hand exercises properly in order to maintain AVF function. However, poor performance of these hand exercises currently results in the failure of many patients to preserve AVF function. To increase the rate of performing this hand exercise properly from 55% to 80%. A comprehensive investigation identified the following five main problems: (a) Insufficient muscular endurance; (b) Resistance was not labeled on the ball; (c) Difficulties with maintaining a grip on the ball during the exercise; (d) Lack of standardized education procedures; and (e) Nurses lack latest knowledge on the hand exercise. The strategies used to improve the situation included: (a) Interdisciplinary team cooperation with physiotherapists to design individualized resistance training regimens; (b) Exercise tool improvement; (c) Standardized AVF care; (d) Continuous education for nursing staffs; and (e) Seed teacher program for hand exercise. The rate of proper hand exercise performance increased from 55% to 93%. This nursing project involved an interdisciplinary team that included physiotherapists in order to successfully improve the rate at which the hand exercise was performed properly. This positive experience may be applied to other hemodialysis departments in the treatment of patients with AVF.

Estimating the carbon dynamics of South Korean forests from 1954 to 2012

NASA Astrophysics Data System (ADS)

Lee, J.; Yoon, T. K.; Han, S.; Kim, S.; Yi, M. J.; Park, G. S.; Kim, C.; Son, Y. M.; Kim, R.; Son, Y.

2014-09-01

Forests play an important role in the global carbon (C) cycle, and the South Korean forests also contribute to this global C cycle. While the South Korean forest ecosystem was almost completely destroyed by exploitation and the Korean War, it has successfully recovered because of national-scale reforestation programs since 1973. There have been several studies on the estimation of C stocks and balances over the past decades in the South Korean forests. However, a retrospective long-term study that includes biomass and dead organic matter C and validates dead organic matter C is still lacking. Accordingly, we estimated the C stocks and their changes of both biomass and dead organic matter C during the 1954-2012 period using a process-based model, the Korean Forest Soil Carbon model, and the 5th South Korean national forest inventory (NFI) report. Validation processes were also conducted based on the 5th NFI and statistical data. Simulation results showed that the biomass C stocks increased from 36.4 to 440.4 Tg C at a rate of 7.0 Tg C yr-1 during the period 1954-2012. The dead organic matter C stocks increased from 386.0 to 463.1 Tg C at a rate of 1.3 Tg C yr-1 during the same period. The estimates of biomass and dead organic matter C stocks agreed well with observed C stock data. The annual net biome production (NBP) during the period 1954-2012 was 141.3 g C m-2 yr-1, which increased from -8.8 g C m-2 yr-1 in 1955 to 436.6 g C m-2 yr-1 in 2012. Because of the small forested area, the South Korean forests had a comparatively lower contribution to the annual C sequestration by global forests. In contrast, because of the extensive reforestation programs, the NBP of South Korean forests was much higher than those of other countries. Our results could provide the forest C dynamics in South Korean forests before and after the onset of reforestation programs.

Does Green Investment Increase Financial Performance? Empirical Evidence from Indonesian Companies

NASA Astrophysics Data System (ADS)

Chariri, Anis; Bukit, Gretta Ratna Sari Br; Eklesia, Octrine Bethary; Christi, Bourinta Uly; Tarigan, Daisy Meirisa

2018-02-01

The negative effects of globalization and rapid growth of industries on environment have changed the business paradigm from profit issues to profit, people and planet (triple bottom line). Consequently, a number of companies have invested their money in environmental issues (called as green investment). This study aims to investigate the effect of firm characteristics on green investment and how green investment influences financial performance. Using annual reports of companies receiving the Program for Pollution Control, Evaluation and Rating (PROPER) award and listed on the Indonesia Stock Exchanges in the year of 2009-2014 as research data, the findings showed that firm size, foreign ownership, industry profile, and frequency of audit committee meeting significantly influenced green investment whereas ISO14001 management certification had no effect on it. Interestingly, green investment positively determined an increase in firm financial performance. This reveals that the better the green investment, the higher the financial performance of the companies. The findings contribute to the importance of adopting green investment as a company's strategy to increase profit without destroying the environment. Secondly, this finding can be used by government as a reference for formulating any regulations concerning business and environment. Finally, the finding contributes to the importance of including environmental issues in business education.

Movement of reservoir-stocked riverine fish between tailwaters and rivers

USGS Publications Warehouse

Spoelstra, J.A.; Stein, R.A.; Royle, J. Andrew; Marschall, E.A.

2008-01-01

The movement of fish from onstream impoundments into connected streams and rivers has traditionally been overlooked in fish stocking decisions but is critical to the ultimate impact of stocking riverine species into reservoirs. Hybrid saugeyes (female walleye Sander vitreus x male sauger S. canadensis) stocked into Deer Creek Reservoir, Ohio, readily move from the reservoir to the tailwater below. Downstream movement of these saugeyes from the tailwater may have consequences for native prey species and parental stocks downstream. We used fixed-station radiotelemetry to quantify the temporal movement patterns of 203 reservoir-stocked saugeyes from the tailwater of the reservoir, the stream flowing from the tailwater, and the river into which the stream flowed. From October 1998 through July 2000, most (75%) saugeyes never left the tailwater, and those that left returned 75% of the time. Overall, saugeyes spent 90% of their time in the tailwater, 7-8% of their time downstream in small streams, and 2-3% of their time farther downstream in the Scioto River (45 km downstream). No radio-tagged saugeyes moved to the Ohio River (155 km downstream). The probability of downstream movement generally increased with increasing flow and when dissolved oxygen dropped to lethal levels in summer. The probability of movement was highest in winter and spring, when it was probably related to spawning, and low in summer (except when dissolved oxygen was low) and fall. The patterns of movement seemed to reflect the relative suitability of tailwater over stream habitat. The predominant use of and return to tailwater habitat after downstream movement limited overall stream and river residence time. Although the daily movement probability for an individual was low, when we apply these rates to all of the stocked saugeyes in the Ohio River drainage, we cannot safely conclude that only small numbers move from reservoir tailwaters to downstream river systems. We recommend that managers refrain from stocking systems for which there are concerns about native species in connected drainages.

Limited hatchery introgression into wild brook trout (Salvelinus fontinalis) populations despite reoccurring stocking

USGS Publications Warehouse

White, Shannon L.; Miller, William L.; Dowell, Stephanie A.; Bartron, Meredith L.; Wagner, Tyler

2018-01-01

Due to increased anthropogenic pressures on many fish populations, supplementing wild populations with captive‐raised individuals has become an increasingly common management practice. Stocking programs can be controversial due to uncertainty about the long‐term fitness effects of genetic introgression on wild populations. In particular, introgression between hatchery and wild individuals can cause declines in wild population fitness, resiliency, and adaptive potential, and contribute to local population extirpation. However, low survival and fitness of captive‐raised individuals can minimize the long‐term genetic consequences of stocking in wild populations, and to date the prevalence of introgression in actively stocked ecosystems has not been rigorously evaluated. We quantified the extent of introgression in 30 populations of wild brook trout (Salvelinus fontinalis) in a Pennsylvania watershed, and examined the correlation between introgression and 11 environmental covariates. Genetic assignment tests were used to determine the origin (wild vs. captive‐raised) for 1742 wild‐caught and 300 hatchery brook trout. To avoid assignment biases, individuals were assigned to two simulated populations that represented the average allele frequencies in wild and hatchery groups. Fish with intermediate probabilities of wild ancestry were classified as introgressed, with threshold values determined through simulation. Even with reoccurring stocking at most sites, over 93% of wild‐caught individuals probabilistically assigned to wild origin, and only 5.6% of wild‐caught fish assigned to introgressed. Models examining environmental drivers of introgression explained less than 3% of the among‐population variability, and all estimated effects were highly uncertain. This was not surprising given overall low introgression observed in this study. Our results suggest that introgression of hatchery‐derived genotypes can occur at low rates, even in actively stocked ecosystems and across a range of habitats. However, a cautious approach to stocking may still be warranted, as the potential effects of stocking on wild population fitness and the mechanisms limiting introgression are not known.

Blue carbon stocks in Baltic Sea eelgrass (Zostera marina) meadows

NASA Astrophysics Data System (ADS)

Röhr, Maria Emilia; Boström, Christoffer; Canal-Vergés, Paula; Holmer, Marianne

2016-11-01

Although seagrasses cover only a minor fraction of the ocean seafloor, their carbon sink capacity accounts for nearly one-fifth of the total oceanic carbon burial and thus play a critical structural and functional role in many coastal ecosystems. We sampled 10 eelgrass (Zostera marina) meadows in Finland and 10 in Denmark to explore seagrass carbon stocks (Corg stock) and carbon accumulation rates (Corg accumulation) in the Baltic Sea area. The study sites represent a gradient from sheltered to exposed locations in both regions to reflect expected minimum and maximum stocks and accumulation. The Corg stock integrated over the top 25 cm of the sediment averaged 627 g C m-2 in Finland, while in Denmark the average Corg stock was over 6 times higher (4324 g C m-2). A conservative estimate of the total organic carbon pool in the regions ranged between 6.98 and 44.9 t C ha-1. Our results suggest that the Finnish eelgrass meadows are minor carbon sinks compared to the Danish meadows, and that majority of the Corg produced in the Finnish meadows is exported. Our analysis further showed that > 40 % of the variation in the Corg stocks was explained by sediment characteristics, i.e. dry density, porosity and silt content. In addition, our analysis show that the root : shoot ratio of Z. marina explained > 12 % and the contribution of Z. marina detritus to the sediment surface Corg pool explained > 10 % of the variation in the Corg stocks. The mean monetary value for the present carbon storage and carbon sink capacity of eelgrass meadows in Finland and Denmark, were 281 and 1809 EUR ha-1, respectively. For a more comprehensive picture of seagrass carbon storage capacity, we conclude that future blue carbon studies should, in a more integrative way, investigate the interactions between sediment biogeochemistry, seascape structure, plant species architecture and the hydrodynamic regime.

Spatial and annual variation in fecundity and oocyte atresia of yellowtail flounder, Limanda ferruginea, in U.S. waters

NASA Astrophysics Data System (ADS)

McElroy, W. David; Wuenschel, Mark J.; Towle, Emilee K.; McBride, Richard S.

2016-01-01

Potential annual fecundity (PAF) was estimated over three years (2010-2012) for yellowtail flounder with individuals from the three stocks off the northeast U.S. coast. Down-regulation of PAF, the resorption of oocytes during development, was evident as the vitellogenic cohort advanced, so we directly measured atresia of vitellogenic oocytes using stereological techniques. PAF models including relative fish condition, stock area, year, and oocyte diameter of the leading cohort explained more variation than models with just size alone based on Akaike information criteria. In a given year, Gulf of Maine females had lower PAF at size than southern New England females. Interannual differences were evident: PAF of both stocks was higher in 2010 and lower in 2012, with 2011 showing less synchronization between these stocks. Differences in size at age and relative condition suggested that energy available for somatic and reproductive growth was lower in some years in the Gulf of Maine and Georges Bank, especially in 2011. Georges Bank PAF and condition were intermediate to the other stocks or more similar to the Gulf of Maine, varying annually. A latitudinal gradient in PAF is evident based on our results and relative to earlier studies that included Canadian stocks. The magnitude of down-regulation was variable across stocks and typically 3-25% of PAF. This can be accounted for in fecundity estimates, by the seasonal schedule of sampling and use of an oocyte diameter term in the fecundity model. Theoretical models of atresia patterns suggested variable rates over the later portion of clutch development. The timing of down-regulation varied among years, and its intensity was influenced by female relative condition. Fecundity was related to fish size, but was also affected by fish condition and oocyte diameter (a proxy for time until spawning), and spatial and temporal effects. A longer time series of PAF may identify environmental drivers that modulate annual stock reproductive potential.

Influence of Honey Bee Genotype and Wintering Method on Wintering Performance of Varroa destructor (Parasitiformes: Varroidae)-Infected Honey Bee (Hymenoptera: Apidae) Colonies in a Northern Climate.

PubMed

Bahreini, Rassol; Currie, Robert W

2015-08-01

The objective of this study was to assess the effectiveness of a cooperative breeding program designed to enhance winter survival of honey bees (Apis mellifera L.) when exposed to high levels of varroa (Varroa destructor Anderson and Trueman) in outdoor-wintered and indoor-wintered colonies. Half of the colonies from selected and unselected stocks were randomly assigned to be treated with late autumn oxalic acid treatment or to be left untreated. Colonies were then randomly assigned to be wintered either indoors (n = 37) or outdoors (n = 40). Late autumn treatment with oxalic acid did not improve wintering performance. However, genotype of bees affected colony survival and the proportion of commercially viable colonies in spring, as indicated by greater rates of colony survival and commercially viable colonies for selected stock (43% survived and 33% were viable) in comparison to unselected stock (19% survived and 9% were viable) across all treatment groups. Indoor wintering improved spring bee population score, proportion of colonies surviving, and proportion of commercially viable colonies relative to outdoor wintering (73% of selected stock and 41% of unselected stock survived during indoor wintering). Selected stock showed better "tolerance" to varroa as the selected stock also maintained higher bee populations relative to unselected stock. However, there was no evidence of "resistance" in selected colonies (reduced mite densities). Collectively, this experiment showed that breeding can improve tolerance to varroa and this can help minimize colony loss through winter and improve colony wintering performance. Overall, colony wintering success of both genotypes of bees was better when colonies were wintered indoors than when colonies were wintered outdoors. © The Authors 2015. Published by Oxford University Press on behalf of Entomological Society of America. All rights reserved. For Permissions, please email: journals.permissions@oup.com.

Effect of livestock grazing in the partitions of a semiarid plant-plant spatial signed network

NASA Astrophysics Data System (ADS)

Saiz, Hugo; Alados, Concepción L.

2014-08-01

In recent times, network theory has become a useful tool to study the structure of the interactions in ecological communities. However, typically, these approaches focus on a particular kind of interaction while neglecting other possible interactions present in the ecosystem. Here, we present an ecological network for plant communities that consider simultaneously positive and negative interactions, which were derived from the spatial association and segregation between plant species. We employed this network to study the structure and the association strategies in a semiarid plant community of Cabo de Gata-Níjar Natural Park, SE Spain, and how they changed in 4 sites that differed in stocking rate. Association strategies were obtained from the partitions of the network, built based on a relaxed structural balance criterion. We found that grazing simplified the structure of the plant community. With increasing stocking rate species with no significant associations became dominant and the number of partitions decreased in the plant community. Independently of stocking rate, many species presented an associative strategy in the plant community because they benefit from the association to certain ‘nurse’ plants. These ‘nurses’ together with species that developed a segregating strategy, intervened in most of the interactions in the community. Ecological networks that combine links with different signs provide a new insight to analyze the structure of natural communities and identify the species which play a central role in them.

A Comparative Clinical Study on Five Types of Compression Therapy in Patients with Venous Leg Ulcers

PubMed Central

Dolibog, Pawel; Franek, Andrzej; Taradaj, Jakub; Dolibog, Patrycja; Blaszczak, Edward; Polak, Anna; Brzezinska-Wcislo, Ligia; Hrycek, Antoni; Urbanek, Tomasz; Ziaja, Jacek; Kolanko, Magdalena

2014-01-01

The aim of this study was to compare five types of compression therapy in venous leg ulcers (intermittent pneumatic vs. stockings vs. multi layer vs. two layer short stretch bandages vs. Unna boots). Primary study endpoints were analysis of changes of the total ulcer surface area, volume and linear dimensions inside observed groups. The secondary end points were comparisons between all groups the number of completely healed wounds (ulcer healing rates), Gilman index and percentage change of ulcer surface area. In total, 147 patients with unilateral venous leg ulcers were included to this study. Participants were randomly allocated to the groups: A, B, C, D and E. After two months the healing rate was the highest in group A (intermittent pneumatic compression) - 57.14%, 16/28 patients, B (ulcer stocking system) - 56.66%, 17/30 patients and C (multi layer short stretch bandage) - 58.62%, 17/29 patients. Significantly much worse rate found in group D (two layer short stretch bandages) - only 16.66%, 5/30 patients and E (Unna boots) - 20%, 6/30 patients. The analysis of changes of the percentage of Gilman index and wound total surface area confirmed that intermittent pneumatic compression, stockings and multi layer bandages are the most efficient. The two layer short - stretch bandages and Unna boots appeared again much less effective. PMID:24396284

Riparian Meadow Response to Modern Conservation Grazing Management

NASA Astrophysics Data System (ADS)

Oles, Kristin M.; Weixelman, Dave A.; Lile, David F.; Tate, Kenneth W.; Snell, Laura K.; Roche, Leslie M.

2017-09-01

Riparian meadows occupy a small proportion of the public lands in the western United States but they provide numerous ecosystem services, including the production of high-quality forage for livestock grazing. Modern conservation management strategies (e.g., reductions in livestock stocking rates and adoption of new riparian grazing standards) have been implemented to better balance riparian conservation and livestock production objectives on publicly managed lands. We examined potential relationships between long-term changes in plant community, livestock grazing pressure and environmental conditions at two spatial scales in meadows grazed under conservation management strategies. Changes in plant community were not associated with either livestock stocking rate or precipitation at the grazing allotment (i.e., administrative) scale. Alternatively, both grazing pressure and precipitation had significant, albeit modest, associations with changes in plant community at the meadow (i.e., ecological site) scale. These results suggest that reductions in stocking rate have improved the balance between riparian conservation and livestock production goals. However, associations between elevation, site wetness, precipitation, and changes in plant community suggest that changing climate conditions (e.g., reduced snowpack and changes in timing of snowmelt) could trigger shifts in plant communities, potentially impacting both conservation and agricultural services (e.g., livestock and forage production). Therefore, adaptive, site-specific management strategies are required to meet grazing pressure limits and safeguard ecosystem services within individual meadows, especially under more variable climate conditions.

Riparian Meadow Response to Modern Conservation Grazing Management.

PubMed

Oles, Kristin M; Weixelman, Dave A; Lile, David F; Tate, Kenneth W; Snell, Laura K; Roche, Leslie M

2017-09-01

Riparian meadows occupy a small proportion of the public lands in the western United States but they provide numerous ecosystem services, including the production of high-quality forage for livestock grazing. Modern conservation management strategies (e.g., reductions in livestock stocking rates and adoption of new riparian grazing standards) have been implemented to better balance riparian conservation and livestock production objectives on publicly managed lands. We examined potential relationships between long-term changes in plant community, livestock grazing pressure and environmental conditions at two spatial scales in meadows grazed under conservation management strategies. Changes in plant community were not associated with either livestock stocking rate or precipitation at the grazing allotment (i.e., administrative) scale. Alternatively, both grazing pressure and precipitation had significant, albeit modest, associations with changes in plant community at the meadow (i.e., ecological site) scale. These results suggest that reductions in stocking rate have improved the balance between riparian conservation and livestock production goals. However, associations between elevation, site wetness, precipitation, and changes in plant community suggest that changing climate conditions (e.g., reduced snowpack and changes in timing of snowmelt) could trigger shifts in plant communities, potentially impacting both conservation and agricultural services (e.g., livestock and forage production). Therefore, adaptive, site-specific management strategies are required to meet grazing pressure limits and safeguard ecosystem services within individual meadows, especially under more variable climate conditions.

A High-Granularity Approach to Modeling Energy Consumption and Savings Potential in the U.S. Residential Building Stock

DOE Office of Scientific and Technical Information (OSTI.GOV)

None

Building simulations are increasingly used in various applications related to energy efficient buildings. For individual buildings, applications include: design of new buildings, prediction of retrofit savings, ratings, performance path code compliance and qualification for incentives. Beyond individual building applications, larger scale applications (across the stock of buildings at various scales: national, regional and state) include: codes and standards development, utility program design, regional/state planning, and technology assessments. For these sorts of applications, a set of representative buildings are typically simulated to predict performance of the entire population of buildings. Focusing on the U.S. single-family residential building stock, this paper willmore » describe how multiple data sources for building characteristics are combined into a highly-granular database that preserves the important interdependencies of the characteristics. We will present the sampling technique used to generate a representative set of thousands (up to hundreds of thousands) of building models. We will also present results of detailed calibrations against building stock consumption data.« less

Effects of stocking density on growth performance, feather growth, intestinal development, and serum parameters of geese.

PubMed

Yin, L Y; Wang, Z Y; Yang, H M; Xu, L; Zhang, J; Xing, H

2017-09-01

This experiment was conducted to evaluate the effects of stocking density on the growth performance, feather growth, intestinal development, and serum parameters of geese. In total, 336 healthy, 28-day-old, male Yangzhou goslings were randomly allotted to 30 plastic wire-floor pens according to 5 stocking densities (2, 3, 4, 5 and 6 birds/m2). The results showed that with the stocking density increased from 2 birds/m2 to 6 birds/m2, the body weights of geese at 42 d (P < 0.001) and 70 d (P < 0.001) were reduced by 10.53% and 10.43% respectively, the primary feather lengths of geese at 42 d (P < 0.001) and 70 d (P = 0.021) were reduced by 20.38% and 6.62% respectively, whereas the feed/gain ratios for 28- to 42-d period and 28- to 70-d period increased from 2.50 to 2.90 (P = 0.001), and 3.80 to 4.24 (P < 0.001), respectively. The relative weights of the jejunum, ileum, and small intestine and the lengths of the jejunum, ileum, and small intestine were all adversely affected (P < 0.05) when stocking density was increased to 6 birds/m2. Serum concentrations of alkaline phosphatase (P = 0.013) and triiodothyronine (P < 0.001) decreased as the stocking density increased. The serum thyroxine concentration of geese from the 6 birds/m2 group was lower than that of geese from the other groups (P < 0.05). The reduction in thyroid hormone concentrations was similar to what was observed in growth rate. All the results suggested that high stocking density will adversely influence thyroid function and the developments of the body weight, body size, feathers, and small intestine. Under our experimental conditions, we recommend that the stocking density of geese should be kept to 5 or fewer birds/m2 to avoid the negative effects of high stocking density on geese. © 2017 Poultry Science Association Inc.

26 CFR 1.884-5 - Qualified resident.

Code of Federal Regulations, 2010 CFR

2010-04-01

... local currency of the shares traded using an exchange rate equal to the average of the spot rates on the... paragraph (d) of this section (relating to publicly-traded corporations); (3) Meets the requirements of... foreign corporation is a resident and whose stock is primarily and regularly traded on an established...

Recent rates of forest harvest and conversion in North America

Treesearch

Jeffrey G. Masek; Warren B. Cohen; Donald Leckie; Michael A. Wulder; Rodrigo Vargas; Ben de Jong; Sean Healey; Beverly Law; Richard Birdsey; R. A. Houghton; David Mildrexler; Samuel Goward; W. Brad Smith

2011-01-01

Incorporating ecological disturbance into biogeochemical models is critical for estimating current and future carbon stocks and fluxes. In particular, anthropogenic disturbances, such as forest conversion and wood harvest, strongly affect forest carbon dynamics within North America. This paper summarizes recent (2000-2008) rates of extraction, including both conversion...

FITPOP, a heuristic simulation model of population dynamics and genetics with special reference to fisheries

USGS Publications Warehouse

McKenna, James E.

2000-01-01

Although, perceiving genetic differences and their effects on fish population dynamics is difficult, simulation models offer a means to explore and illustrate these effects. I partitioned the intrinsic rate of increase parameter of a simple logistic-competition model into three components, allowing specification of effects of relative differences in fitness and mortality, as well as finite rate of increase. This model was placed into an interactive, stochastic environment to allow easy manipulation of model parameters (FITPOP). Simulation results illustrated the effects of subtle differences in genetic and population parameters on total population size, overall fitness, and sensitivity of the system to variability. Several consequences of mixing genetically distinct populations were illustrated. For example, behaviors such as depression of population size after initial introgression and extirpation of native stocks due to continuous stocking of genetically inferior fish were reproduced. It also was shown that carrying capacity relative to the amount of stocking had an important influence on population dynamics. Uncertainty associated with parameter estimates reduced confidence in model projections. The FITPOP model provided a simple tool to explore population dynamics, which may assist in formulating management strategies and identifying research needs.

Returning forests analyzed with the forest identity.

PubMed

Kauppi, Pekka E; Ausubel, Jesse H; Fang, Jingyun; Mather, Alexander S; Sedjo, Roger A; Waggoner, Paul E

2006-11-14

Amid widespread reports of deforestation, some nations have nevertheless experienced transitions from deforestation to reforestation. In a causal relationship, the Forest Identity relates the carbon sequestered in forests to the changing variables of national or regional forest area, growing stock density per area, biomass per growing stock volume, and carbon concentration in the biomass. It quantifies the sources of change of a nation's forests. The Identity also logically relates the quantitative impact on forest expanse of shifting timber harvest to regions and plantations where density grows faster. Among 50 nations with extensive forests reported in the Food and Agriculture Organization's comprehensive Global Forest Resources Assessment 2005, no nation where annual per capita gross domestic product exceeded 4,600 dollars had a negative rate of growing stock change. Using the Forest Identity and national data from the Assessment report, a single synoptic chart arrays the 50 nations with coordinates of the rates of change of basic variables, reveals both clusters of nations and outliers, and suggests trends in returning forests and their attributes. The Forest Identity also could serve as a tool for setting forest goals and illuminating how national policies accelerate or retard the forest transitions that are diffusing among nations.

Users' guide to system dynamics model describing Coho salmon survival in Olema Creek, Point Reyes National Seashore, Marin County, California

USGS Publications Warehouse

Woodward, Andrea; Torregrosa, Alicia; Madej, Mary Ann; Reichmuth, Michael; Fong, Darren

2014-01-01

The system dynamics model described in this report is the result of a collaboration between U.S. Geological Survey (USGS) scientists and National Park Service (NPS) San Francisco Bay Area Network (SFAN) staff, whose goal was to develop a methodology to integrate inventory and monitoring data to better understand ecosystem dynamics and trends using salmon in Olema Creek, Marin County, California, as an example case. The SFAN began monitoring multiple life stages of coho salmon (Oncorhynchus kisutch) in Olema Creek during 2003 (Carlisle and others, 2013), building on previous monitoring of spawning fish and redds. They initiated water-quality and habitat monitoring, and had access to flow and weather data from other sources. This system dynamics model of the freshwater portion of the coho salmon life cycle in Olema Creek integrated 8 years of existing monitoring data, literature values, and expert opinion to investigate potential factors limiting survival and production, identify data gaps, and improve monitoring and restoration prescriptions. A system dynamics model is particularly effective when (1) data are insufficient in time series length and/or measured parameters for a statistical or mechanistic model, and (2) the model must be easily accessible by users who are not modelers. These characteristics helped us meet the following overarching goals for this model: Summarize and synthesize NPS monitoring data with data and information from other sources to describe factors and processes affecting freshwater survival of coho salmon in Olema Creek. Provide a model that can be easily manipulated to experiment with alternative values of model parameters and novel scenarios of environmental drivers. Although the model describes the ecological dynamics of Olema Creek, these dynamics are structurally similar to numerous other coastal streams along the California coast that also contain anadromous fish populations. The model developed for Olema can be used, at least as a starting point, for other watersheds. This report describes each of the model elements with sufficient detail to guide the primary target audience, the NPS resource specialist, to run the model, interpret the results, change the input data to explore hypotheses, and ultimately modify and improve the model. Running the model and interpreting the results does not require modeling expertise on the part of the user. Additional companion publications will highlight other aspects of the model, such as its development, the rationale behind the methodological approach, scenario testing, and discussions of its use. System dynamics models consist of three basic elements: stocks, flows, and converters. Stocks are measurable quantities that can change over time, such as animal populations. Flows are any processes or conditions that change the quantity in a stock over time (Ford, 1999), are expressed in the model as a rate of change, and are diagrammed as arrows to or from stocks. Converters are processes or conditions that change the rate of flows. A converter is connected to a flow with an arrow indicating that it alters the rate of change. Anything that influences the rate of change (such as different environmental conditions, other external factors, or feedbacks from other stocks or flows) is modeled as a converter. For example, the number of fish in a population is appropriately modeled as a stock. Mortality is modeled as a flow because it is a rate of change over time used to determine the number of fish in the population. The density-dependent effect on mortality is modeled as a converter because it influences the rate of morality. Together, the flow and converter change the number, or stock, of juvenile coho. The instructions embedded in the stocks, flows, converters, and the sequence in which they are linked are processed by the simulation software with each completed sequence composing a model run. At each modeled time step within the model run, the stock counts will go up, down, or stay the same based on the modeled flows and the influence of converters on those flows. The model includes a user-friendly interface to change model parameters, which allows park staff and others to conduct sensitivity analyses, incorporate future knowledge, and implement scenarios for various future conditions. The model structure incorporates place holders for relationships that we hypothesize are significant but data are currently lacking. Future climate scenarios project stream temperatures higher than any that have ever been recorded at Olema Creek. Exploring climate change impacts on coho survival is a high priority for park staff, therefore the model provides the user with the option to experiment with hypothesized effects and to incorporate effects based on future observations.

Influence of simulated weightlessness on the rate of anomalies of the flour beetle Tribolium confusum.

PubMed

Briegleb, W; Neubert, J; Schatz, A; Sinapius, F

1975-01-01

Experiments with Tribolium confusum showed that the morphological characteristics of the beetles are modified by simulated weightlessness (fast running clinostat). Because of possible side effects due to differences in fertility of inbred lines, the first experiments were made with a genetically heterogeneous stock. Thereafter experiments were confirmed with inbred beetles. For both stocks a rise of mainly wing anomalies resulted from rotation of whole cultures of beetles within horizontal tubes. The extent to which these anomalies are teratogenetic or genetic has not yet been analysed in detail.

Properties of some statistics for AR-ARCH model with application to technical analysis

NASA Astrophysics Data System (ADS)

Huang, Xudong; Liu, Wei

2009-03-01

In this paper, we investigate some popular technical analysis indexes for AR-ARCH model as real stock market. Under the given conditions, we show that the corresponding statistics are asymptotically stationary and the law of large numbers hold for frequencies of the stock prices falling out normal scope of these technical analysis indexes under AR-ARCH, and give the rate of convergence in the case of nonstationary initial values, which give a mathematical rationale for these methods of technical analysis in supervising the security trends.

Market impact and trading profile of hidden orders in stock markets.

PubMed

Moro, Esteban; Vicente, Javier; Moyano, Luis G; Gerig, Austin; Farmer, J Doyne; Vaglica, Gabriella; Lillo, Fabrizio; Mantegna, Rosario N

2009-12-01

We empirically study the market impact of trading orders. We are specifically interested in large trading orders that are executed incrementally, which we call hidden orders. These are statistically reconstructed based on information about market member codes using data from the Spanish Stock Market and the London Stock Exchange. We find that market impact is strongly concave, approximately increasing as the square root of order size. Furthermore, as a given order is executed, the impact grows in time according to a power law; after the order is finished, it reverts to a level of about 0.5-0.7 of its value at its peak. We observe that hidden orders are executed at a rate that more or less matches trading in the overall market, except for small deviations at the beginning and end of the order.

Market impact and trading profile of hidden orders in stock markets

NASA Astrophysics Data System (ADS)

Moro, Esteban; Vicente, Javier; Moyano, Luis G.; Gerig, Austin; Farmer, J. Doyne; Vaglica, Gabriella; Lillo, Fabrizio; Mantegna, Rosario N.

2009-12-01

We empirically study the market impact of trading orders. We are specifically interested in large trading orders that are executed incrementally, which we call hidden orders. These are statistically reconstructed based on information about market member codes using data from the Spanish Stock Market and the London Stock Exchange. We find that market impact is strongly concave, approximately increasing as the square root of order size. Furthermore, as a given order is executed, the impact grows in time according to a power law; after the order is finished, it reverts to a level of about 0.5-0.7 of its value at its peak. We observe that hidden orders are executed at a rate that more or less matches trading in the overall market, except for small deviations at the beginning and end of the order.

Changes in Cross-Correlations as an Indicator for Systemic Risk

NASA Astrophysics Data System (ADS)

Zheng, Zeyu; Podobnik, Boris; Feng, Ling; Li, Baowen

2012-11-01

The 2008-2012 global financial crisis began with the global recession in December 2007 and exacerbated in September 2008, during which the U.S. stock markets lost 20% of value from its October 11 2007 peak. Various studies reported that financial crisis are associated with increase in both cross-correlations among stocks and stock indices and the level of systemic risk. In this paper, we study 10 different Dow Jones economic sector indexes, and applying principle component analysis (PCA) we demonstrate that the rate of increase in principle components with short 12-month time windows can be effectively used as an indicator of systemic risk--the larger the change of PC1, the higher the increase of systemic risk. Clearly, the higher the level of systemic risk, the more likely a financial crisis would occur in the near future.

Comparison of methods for cultivation and isolation of Chlamydia trachomatis.

PubMed Central

Benes, S; McCormack, W M

1982-01-01

McCoy cells treated with cycloheximide, iododeoxyuridine, and DEAE-dextran and untreated McCoy cells were inoculated with two stock strains of Chlamydia trachomatis and with 231 urethral specimens from men, 53 (23%) of which contained C. trachomatis. Isolation rates, number and quality of inclusions, and quality of the cell monolayers were compared. There were no significant differences between the isolation rates in the four systems, although the most isolations were made in the untreated and cycloheximide-treated cells. Cycloheximide-treated cells produced, from both the clinical specimens and the two stock strains, significantly more inclusions than any of the other systems. The monolayer of the cycloheximide-treated cells and the inclusions that grew in these cells were optimal for examination and detection of C. trachomatis. PMID:6185530

Root and soil total carbon and nitrogen under bioenergy perennial grasses with various nitrogen rates

USDA-ARS?s Scientific Manuscript database

Information is scanty about root and soil C and N under bioenergy perennial grasses with various N fertilization rates in semiarid regions. We evaluated the effect of perennial grasses and N rates on root biomass C and N and soil total C (STC) and total N (STN) stocks at the 0-120 cm depth from 2011...

75 FR 64769 - Self-Regulatory Organizations; The NASDAQ Stock Market LLC; Notice of Filing and Immediate...

Federal Register 2010, 2011, 2012, 2013, 2014

2010-10-20

... are provided an option to pay for only the service they desire at a discounted rate. Use of Clearly... believes that offering the Clearly Erroneous Module at a further discounted rate applicable to each MPID... nature of their businesses. As such, offering the service at a discounted rate to members that subscribe...

77 FR 56895 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate...

Federal Register 2010, 2011, 2012, 2013, 2014

2012-09-14

... Transaction Fees To Eliminate the Step-Up Rate for Non-Floor Broker Transactions September 10, 2012. Pursuant... its Price List to eliminate the step-up rate for non-Floor broker transactions. The text of the... its Price List to eliminate the step-up rate for non-Floor broker transactions. The Exchange proposes...

78 FR 56655 - Foreign-Trade Zone (FTZ) 203-Moses Lake, Washington; Notification of Proposed Production Activity...

Federal Register 2010, 2011, 2012, 2013, 2014

2013-09-13

... choose the duty rate during customs entry procedures that applies to fuel rod assemblies (duty rate--3.3... plates; channels; spacers; end caps; springs; top and bottom nozzles; cages; guide tubes; and tubes, bar stocks, wires and plates of zirconium (duty rate ranges from 3.3 to 3.7%). Public comment is invited from...

Woody debris volume depletion through decay: Implications for biomass and carbon accounting

Treesearch

Shawn Fraver; Amy M. Milo; John B. Bradford; Anthony W. D’Amato; Laura Kenefic; Brian J. Palik; Christopher W. Woodall; John Brissette

2013-01-01

Woody debris decay rates have recently received much attention because of the need to quantify temporal changes in forest carbon stocks. Published decay rates, available for many species, are commonly used to characterize deadwood biomass and carbon depletion. However, decay rates are often derived from reductions in wood density through time, which when used to model...

Economic conditions and suicide rates in New York City.

PubMed

Nandi, Arijit; Prescott, Marta R; Cerdá, Magdalena; Vlahov, David; Tardiff, Kenneth J; Galea, Sandro

2012-03-15

Extant analyses of the relation between economic conditions and population health were often based on annualized data and were susceptible to confounding by nonlinear time trends. In the present study, the authors used generalized additive models with nonparametric smoothing splines to examine the association between economic conditions, including levels of economic activity in New York State and the degree of volatility in the New York Stock Exchange, and monthly rates of death by suicide in New York City. The rate of suicide declined linearly from 8.1 per 100,000 people in 1990 to 4.8 per 100,000 people in 1999 and then remained stable from 1999 to 2006. In a generalized additive model in which the authors accounted for long-term and seasonal time trends, there was a negative association between monthly levels of economic activity and rates of suicide; the predicted rate of suicide was 0.12 per 100,000 persons lower when economic activity was at its peak compared with when it was at its nadir. The relation between economic activity and suicide differed by race/ethnicity and sex. Stock market volatility was not associated with suicide rates. Further work is needed to elucidate pathways that link economic conditions and suicide.

a Study on Strain Rate Effect in Collision Analysis of Rolling STOCK

NASA Astrophysics Data System (ADS)

Kim, Seung Rok; Koo, Jeong Seo

In this paper, the strain rate effect of energy absorption members in rolling stock is studied using the virtual testing model (VTM) for Korean high speed train (KHST). The VTM of KHST was simulated for two different strain rate conditions. The VTM is composed of FE models for structures, and nonlinear spring/damper models for dynamic components. To simplify numerical model for the full rake KHST, the first three units consist of full flexible multi-body dynamic models, and the remainder does 1-D spring/damper/mass models. To evaluate the strain rate effect of KHST, the crash simulation was performed under the accident scenario for a collision with a rigid mass of 15 tons at 110kph. The numerical results show that the overall crash response of the train is not largely affected as much as expected, but individual components have some different deformations according to strain rate. The deformation of the front end structure without strain rate effect is larger than that with it. However, the deformation of the rear end structure without strain rate effect is smaller than that with it. Finally, the intrusion of the driver's cabin is overestimated for no strain rate effect when compared to the case with it.

Bathythermal distribution, maturity, and growth of lake trout strains stocked in U.S. waters of Lake Ontario, 1978-1993

USGS Publications Warehouse

Elrod, Joseph H.; O'Gorman, Robert; Schneider, Clifford P.

1996-01-01

Bathythermal distributions, sexual maturity, and growth of lake trout (Salvelinus namaycush) strains stocked in Lake Ontario were determined for fish collected with trawls and gill nets in 1978-93. The purpose was to augment the basis for deciding which strains to continue stocking in an effort to reestablish a self-sustaining population. The Clearwater Lake (CWL) strain was found in shallower, warmer water than all other strains; the Seneca Lake (SEN) strain was usually shallower than the Jenny Lake (JEN) and Lake Superior (SUP) strains at ages 1 and 2 but was usually deeper at age 3 and older. Depth distribution of the 'Ontario strain'--from gametes of several strains that survived to maturity in Lake Ontario-- was similar to that of the SEN and SUP strains. About half the males matured at age 4 and half the females at age 5; males < 500 mm and females < 600 mm long were rarely mature. Least-sqaures mean lengths and weights of the CWL strain were greater than those of all other strains through age 4. At age 7 and older, CWL and JEN fish were generally smaller than all other strains. Means lengths and weights of males and females of the same age and strain frequently differed at age 4 and older. Growth in weight at age 4 and older was not associated with biomass indices of prey fishes. Differences in growth rates among strains were associated with bathythermal distribution which is a heritable trait. Weight-length regressions differed by year, sex, and stage of maturity but were rarely different among strains. Competition for space appeared to affect condition of large lake trout. Growth rates and maturity schedules provide little basis for recommending stocking one strain in preference to another. Depth ranges of strains overlapped widely, but lake trout occupied only about one-fourth of available bottom habitat. Stocking several strains should be continued to maximize use of sustainable habitat.

Abundance and Survival Rates of the Hawai’i Island Associated Spinner Dolphin (Stenella longirostris) Stock

PubMed Central

Tyne, Julian A.; Pollock, Kenneth H.; Johnston, David W.; Bejder, Lars

2014-01-01

Reliable population estimates are critical to implement effective management strategies. The Hawai’i Island spinner dolphin (Stenella longirostris) is a genetically distinct stock that displays a rigid daily behavioural pattern, foraging offshore at night and resting in sheltered bays during the day. Consequently, they are exposed to frequent human interactions and disturbance. We estimated population parameters of this spinner dolphin stock using a systematic sampling design and capture–recapture models. From September 2010 to August 2011, boat-based photo-identification surveys were undertaken monthly over 132 days (>1,150 hours of effort; >100,000 dorsal fin images) in the four main resting bays along the Kona Coast, Hawai’i Island. All images were graded according to photographic quality and distinctiveness. Over 32,000 images were included in the analyses, from which 607 distinctive individuals were catalogued and 214 were highly distinctive. Two independent estimates of the proportion of highly distinctive individuals in the population were not significantly different (p = 0.68). Individual heterogeneity and time variation in capture probabilities were strongly indicated for these data; therefore capture–recapture models allowing for these variations were used. The estimated annual apparent survival rate (product of true survival and permanent emigration) was 0.97 SE±0.05. Open and closed capture–recapture models for the highly distinctive individuals photographed at least once each month produced similar abundance estimates. An estimate of 221±4.3 SE highly distinctive spinner dolphins, resulted in a total abundance of 631±60.1 SE, (95% CI 524–761) spinner dolphins in the Hawai’i Island stock, which is lower than previous estimates. When this abundance estimate is considered alongside the rigid daily behavioural pattern, genetic distinctiveness, and the ease of human access to spinner dolphins in their preferred resting habitats, this Hawai’i Island stock is likely more vulnerable to negative impacts from human disturbance than previously believed. PMID:24465917

Abundance and survival rates of the Hawai'i Island associated spinner dolphin (Stenella longirostris) stock.

PubMed

Tyne, Julian A; Pollock, Kenneth H; Johnston, David W; Bejder, Lars

2014-01-01

Reliable population estimates are critical to implement effective management strategies. The Hawai'i Island spinner dolphin (Stenella longirostris) is a genetically distinct stock that displays a rigid daily behavioural pattern, foraging offshore at night and resting in sheltered bays during the day. Consequently, they are exposed to frequent human interactions and disturbance. We estimated population parameters of this spinner dolphin stock using a systematic sampling design and capture-recapture models. From September 2010 to August 2011, boat-based photo-identification surveys were undertaken monthly over 132 days (>1,150 hours of effort; >100,000 dorsal fin images) in the four main resting bays along the Kona Coast, Hawai'i Island. All images were graded according to photographic quality and distinctiveness. Over 32,000 images were included in the analyses, from which 607 distinctive individuals were catalogued and 214 were highly distinctive. Two independent estimates of the proportion of highly distinctive individuals in the population were not significantly different (p = 0.68). Individual heterogeneity and time variation in capture probabilities were strongly indicated for these data; therefore capture-recapture models allowing for these variations were used. The estimated annual apparent survival rate (product of true survival and permanent emigration) was 0.97 SE ± 0.05. Open and closed capture-recapture models for the highly distinctive individuals photographed at least once each month produced similar abundance estimates. An estimate of 221 ± 4.3 SE highly distinctive spinner dolphins, resulted in a total abundance of 631 ± 60.1 SE, (95% CI 524-761) spinner dolphins in the Hawai'i Island stock, which is lower than previous estimates. When this abundance estimate is considered alongside the rigid daily behavioural pattern, genetic distinctiveness, and the ease of human access to spinner dolphins in their preferred resting habitats, this Hawai'i Island stock is likely more vulnerable to negative impacts from human disturbance than previously believed.

Peoria Housing Authority(PHA) Weatherization Training Project

DOE Office of Scientific and Technical Information (OSTI.GOV)

Phillip Chrismon; Jason Dollarhide

2011-12-31

The DOE Weatherization Training Project's goal is to obtain a solid foundation of administrative and technical knowledge so the Peoria Housing Authority (PHA) can establish and implement a successful Weatherization Program by 2011. The DOE weatherization Training Project's two objectives are to (1) build PHA's capabilities by (2) developing its staff members capacities via the acquisition of weatherization skills and competencies. The impacts from this project include: (a) the improvement and expansion of PHA staff skills, (b) the overall enhancement of the quality of the PHA workforce, which will (c) foster employment, (d) the ability to properly weatherize PHA housingmore » stock, tribal buildings, and tribal members houses, which will (e) result in reduced energy use, and (f) improved tribal and household economies.« less

A new perspective on Quantum Finance using the Black-Scholes pricing model

NASA Astrophysics Data System (ADS)

Dieng, Lamine

2007-03-01

Options are known to be divided into two types, the first type is called a call option and the second type is called a put option and these options are offered to stock holders in order to hedge their positions against risky fluctuations of the stock price. It is important to mention that due to fluctuations of the stock price, options can be found sometimes deep in the money, at the money and out of the money. A deep in the money option is described when the option's holder has a positive expected payoff, at the money option is when the option's holder has a zero expected payoff and an out of the money option is when the payoff is negative. In this work, we will assume the stock price to be described by the well known Black-Scholes model or sometimes called the multiplicative model. Using Ito calculus, Martingale and supermartingale theories, we investigated the Black-Scholes pricing equation at the money (X(stock price)= K (strike price)) when the expected payoff of the options holder is zero. We also hedged the Black-Scholes pricing equation in the limit when delta is zero to obtain the non-relativistic time independent Schroedinger equation in quantum mechanics. We compared the two equations and found the diffusion constant to be a function of the stock price in contrast to the Bachelier model we have worked on earlier. We solved the Schroedinger equation and found a dependence between interest rate, volatility and strike price at the money.

Spatial and temporal dynamics of lake whitefish (Coregonus clupeaformis) health indicators: linking individual-based indicators to a management-relevant endpoint

USGS Publications Warehouse

Wagner, Tyler; Jones, Michael L.; Ebener, Mark P.; Arts, Michael T.; Brenden, Travis O.; Honeyfield, Dale C.; Wright, Gregory M.; Faisal, Mohamed

2010-01-01

We examined the spatial and temporal dynamics of health indicators in four lake whitefish (Coregonus clupeaformis) stocks located in northern lakes Michigan and Huron from 2003 to 2006. The specific objectives were to (1) quantify spatial and temporal variability in health indicators; (2) examine relationships among nutritional indicators and stock-specific spatial and temporal dynamics of pathogen prevalence and intensity of infection; and (3) examine relationships between indicators measured on individual fish and stock-specific estimates of natural mortality. The percent of the total variation attributed to spatial and temporal sources varied greatly depending on the health indicator examined. The most notable pattern was a downward trend in the concentration of highly unsaturated fatty acids (HUFAs), observed in all stocks, in the polar lipid fraction of lake whitefish dorsal muscle tissue over the three study years. Variation among stocks and years for some indicators were correlated with the prevalence and intensity of the swimbladder nematode Cystidicola farionis, suggesting that our measures of fish health were related, at some level, with disease dynamics. We did not find relationships between spatial patterns in fish health indicators and estimates of natural mortality rates for the stocks. Our research highlights the complexity of the interactions between fish nutritional status, disease dynamics, and natural mortality in wild fish populations. Additional research that identifies thresholds of health indicators, below (or above) which survival may be reduced, will greatly help in understanding the relationship between indicators measured on individual fish and potential population-level effects.

Historic Emissions from Deforestation and Forest Degradation in Mato Grosso, Brazil: 1. Source Data Uncertainties

NASA Technical Reports Server (NTRS)

Morton, Douglas C.; Sales, Marcio H.; Souza, Carlos M., Jr.; Griscom, Bronson

2011-01-01

Historic carbon emissions are an important foundation for proposed efforts to Reduce Emissions from Deforestation and forest Degradation and enhance forest carbon stocks through conservation and sustainable forest management (REDD+). The level of uncertainty in historic carbon emissions estimates is also critical for REDD+, since high uncertainties could limit climate benefits from mitigation actions. Here, we analyzed source data uncertainties based on the range of available deforestation, forest degradation, and forest carbon stock estimates for the Brazilian state of Mato Grosso during 1990-2008. Results: Deforestation estimates showed good agreement for multi-year trends of increasing and decreasing deforestation during the study period. However, annual deforestation rates differed by >20% in more than half of the years between 1997-2008, even for products based on similar input data. Tier 2 estimates of average forest carbon stocks varied between 99-192 Mg C/ha, with greatest differences in northwest Mato Grosso. Carbon stocks in deforested areas increased over the study period, yet this increasing trend in deforested biomass was smaller than the difference among carbon stock datasets for these areas. Conclusions: Patterns of spatial and temporal disagreement among available data products provide a roadmap for future efforts to reduce source data uncertainties for estimates of historic forest carbon emissions. Specifically, regions with large discrepancies in available estimates of both deforestation and forest carbon stocks are priority areas for evaluating and improving existing estimates. Full carbon accounting for REDD+ will also require filling data gaps, including forest degradation and secondary forest, with annual data on all forest transitions.

Dynamics relationship between stock prices and economic variables in Malaysia

NASA Astrophysics Data System (ADS)

Chun, Ooi Po; Arsad, Zainudin; Huen, Tan Bee

2014-07-01

Knowledge on linkages between stock prices and macroeconomic variables are essential in the formulation of effective monetary policy. This study investigates the relationship between stock prices in Malaysia (KLCI) with four selected macroeconomic variables, namely industrial production index (IPI), quasi money supply (MS2), real exchange rate (REXR) and 3-month Treasury bill (TRB). The variables used in this study are monthly data from 1996 to 2012. Vector error correction (VEC) model and Kalman filter (KF) technique are utilized to assess the impact of macroeconomic variables on the stock prices. The results from the cointegration test revealed that the stock prices and macroeconomic variables are cointegrated. Different from the constant estimate from the static VEC model, the KF estimates noticeably exhibit time-varying attributes over the entire sample period. The varying estimates of the impact coefficients should be better reflect the changing economic environment. Surprisingly, IPI is negatively related to the KLCI with the estimates of the impact slowly increase and become positive in recent years. TRB is found to be generally negatively related to the KLCI with the impact fluctuating along the constant estimate of the VEC model. The KF estimates for REXR and MS2 show a mixture of positive and negative impact on the KLCI. The coefficients of error correction term (ECT) are negative in majority of the sample period, signifying the stock prices responded to stabilize any short term deviation in the economic system. The findings from the KF model indicate that any implication that is based on the usual static model may lead to authorities implementing less appropriate policies.

Plant Nutrient Testing and Analysis in Forest and Conservation Nurseries

Treesearch

Thomas D. Landis; Diane L. Haase; R. Kasten Dumroese

2005-01-01

Supplying mineral nutrients at the proper rate and in the proper balance has a major effect on seedling growth rate but, more importantly, on seedling quality. In addition, mounting concerns about fertilizer pollution are increasing awareness of the benefits of precision fertilization. Because they reflect actual mineral nutrient uptake, plant tissue tests are the best...

Availability of antidotes and key emergency drugs in tertiary care hospitals of Punjab and assessment of the knowledge of health care professionals in the management of poisoning cases.

PubMed

Arslan, Naheed; Khiljee, Sonia; Bakhsh, Allah; Ashraf, Muhammad; Maqsood, Iram

2016-03-01

This study was conducted to evaluate the availability of antidotes/key emergency drugs in tertiary care hospitals of the Punjab province, and to assess the knowledge of health care professionals in the stocking and administration of antidotes in the proper management of poisoning cases. Seventeen (n=17) tertiary care hospitals of Punjab Pakistan were selected. Two performas (A and B) were designed for 26 antidotes/key emergency drugs and given to the hospital pharmacists and physicians respectively. It was observed that Activated Charcoal, being the universal antidote was found only in 6 hospitals (41%). Digoxin Immune Fab, Edentate Calcium disodium and Glucagon were not available in emergency department of any hospital and even not included in the formulary of any hospital. About 80% pharmacists were aware of the method of preparation of Activated Charcoal and 85% physicians were familiar with its route of administration. Data showed that tertiary care hospitals of Punjab do not stock antidotes according to national drug policy. Moreover the study strongly suggests the development of health care centers and professional by organizing antidote awareness programs, continuous education and record keeping of poisonous cases and availability of emergency drugs around the clock.

Soil carbon sequestration due to post-Soviet cropland abandonment: estimates from a large-scale soil organic carbon field inventory.

PubMed

Wertebach, Tim-Martin; Hölzel, Norbert; Kämpf, Immo; Yurtaev, Andrey; Tupitsin, Sergey; Kiehl, Kathrin; Kamp, Johannes; Kleinebecker, Till

2017-09-01

The break-up of the Soviet Union in 1991 triggered cropland abandonment on a continental scale, which in turn led to carbon accumulation on abandoned land across Eurasia. Previous studies have estimated carbon accumulation rates across Russia based on large-scale modelling. Studies that assess carbon sequestration on abandoned land based on robust field sampling are rare. We investigated soil organic carbon (SOC) stocks using a randomized sampling design along a climatic gradient from forest steppe to Sub-Taiga in Western Siberia (Tyumen Province). In total, SOC contents were sampled on 470 plots across different soil and land-use types. The effect of land use on changes in SOC stock was evaluated, and carbon sequestration rates were calculated for different age stages of abandoned cropland. While land-use type had an effect on carbon accumulation in the topsoil (0-5 cm), no independent land-use effects were found for deeper SOC stocks. Topsoil carbon stocks of grasslands and forests were significantly higher than those of soils managed for crops and under abandoned cropland. SOC increased significantly with time since abandonment. The average carbon sequestration rate for soils of abandoned cropland was 0.66 Mg C ha -1  yr -1 (1-20 years old, 0-5 cm soil depth), which is at the lower end of published estimates for Russia and Siberia. There was a tendency towards SOC saturation on abandoned land as sequestration rates were much higher for recently abandoned (1-10 years old, 1.04 Mg C ha -1  yr -1 ) compared to earlier abandoned crop fields (11-20 years old, 0.26 Mg C ha -1  yr -1 ). Our study confirms the global significance of abandoned cropland in Russia for carbon sequestration. Our findings also suggest that robust regional surveys based on a large number of samples advance model-based continent-wide SOC prediction. © 2017 John Wiley & Sons Ltd.

Effectiveness of a refuge for Lake Trout in Western Lake Superior II: Simulation of future performance

USGS Publications Warehouse

Akins, Andrea L; Hansen, Michael J.; Seider, Michael J.

2015-01-01

Historically, Lake Superior supported one of the largest and most diverse Lake Trout Salvelinus namaycush fisheries in the Laurentian Great Lakes, but Lake Trout stocks collapsed due to excessive fishery exploitation and predation by Sea Lampreys Petromyzon marinus. Lake Trout stocking, Sea Lamprey control, and fishery regulations, including a refuge encompassing Gull Island Shoal (Apostle Islands region), were used to enable recovery of Lake Trout stocks that used this historically important spawning shoal. Our objective was to determine whether future sustainability of Lake Trout stocks will depend on the presence of the Gull Island Shoal Refuge. We constructed a stochastic age-structured simulation model to assess the effect of maintaining the refuge as a harvest management tool versus removing the refuge. In general, median abundances of age-4, age-4 and older (age-4+), and age-8+ fish collapsed at lower instantaneous fishing mortality rates (F) when the refuge was removed than when the refuge was maintained. With the refuge in place, the F that resulted in collapse depended on the rate of movement into and out of the refuge. Too many fish stayed in the refuge when movement was low (0–2%), and too many fish became vulnerable to fishing when movement was high (≥22%); thus, the refuge was more effective at intermediate rates of movement (10–11%). With the refuge in place, extinction did not occur at any simulated level of F, whereas refuge removal led to extinction at all combinations of commercial F and recreational F. Our results indicate that the Lake Trout population would be sustained by the refuge at all simulated F-values, whereas removal of the refuge would risk population collapse at much lower F (0.700–0.744). Therefore, the Gull Island Shoal Refuge is needed to sustain the Lake Trout population in eastern Wisconsin waters of Lake Superior.

Spatial Distribution and Conservation of Speckled Hind and Warsaw Grouper in the Atlantic Ocean off the Southeastern U.S.

PubMed Central

Farmer, Nicholas A.; Karnauskas, Mandy

2013-01-01

There is broad interest in the development of efficient marine protected areas (MPAs) to reduce bycatch and end overfishing of speckled hind (Epinephelus drummondhayi) and warsaw grouper (Hyporthodus nigritus) in the Atlantic Ocean off the southeastern U.S. We assimilated decades of data from many fishery-dependent, fishery-independent, and anecdotal sources to describe the spatial distribution of these data limited stocks. A spatial classification model was developed to categorize depth-grids based on the distribution of speckled hind and warsaw grouper point observations and identified benthic habitats. Logistic regression analysis was used to develop a quantitative model to predict the spatial distribution of speckled hind and warsaw grouper as a function of depth, latitude, and habitat. Models, controlling for sampling gear effects, were selected based on AIC and 10-fold cross validation. The best-fitting model for warsaw grouper included latitude and depth to explain 10.8% of the variability in probability of detection, with a false prediction rate of 28–33%. The best-fitting model for speckled hind, per cross-validation, included latitude and depth to explain 36.8% of the variability in probability of detection, with a false prediction rate of 25–27%. The best-fitting speckled hind model, per AIC, also included habitat, but had false prediction rates up to 36%. Speckled hind and warsaw grouper habitats followed a shelf-edge hardbottom ridge from North Carolina to southeast Florida, with speckled hind more common to the north and warsaw grouper more common to the south. The proportion of habitat classifications and model-estimated stock contained within established and proposed MPAs was computed. Existing MPAs covered 10% of probable shelf-edge habitats for speckled hind and warsaw grouper, protecting 3–8% of speckled hind and 8% of warsaw grouper stocks. Proposed MPAs could add 24% more probable shelf-edge habitat, and protect an additional 14–29% of speckled hind and 20% of warsaw grouper stocks. PMID:24260126

A continuous time delay-difference type model (CTDDM) applied to stock assessment of the southern Atlantic albacore Thunnus alalunga

NASA Astrophysics Data System (ADS)

Liao, Baochao; Liu, Qun; Zhang, Kui; Baset, Abdul; Memon, Aamir Mahmood; Memon, Khadim Hussain; Han, Yanan

2016-09-01

A continuous time delay-diff erence model (CTDDM) has been established that considers continuous time delays of biological processes. The southern Atlantic albacore ( Thunnus alalunga) stock is the one of the commercially important tuna population in the marine world. The age structured production model (ASPM) and the surplus production model (SPM) have already been used to assess the albacore stock. However, the ASPM requires detailed biological information and the SPM lacks the biological realism. In this study, we focus on applying a CTDDM to the southern Atlantic albacore ( T. alalunga) species, which provides an alternative method to assess this fishery. It is the first time that CTDDM has been provided for assessing the Atlantic albacore ( T. alalunga) fishery. CTDDM obtained the 80% confidence interval of MSY (maximum sustainable yield) of (21 510 t, 23 118t). The catch in 2011 (24 100 t) is higher than the MSY values and the relative fishing mortality ratio ( F 2011/ F MSY) is higher than 1.0. The results of CTDDM were analyzed to verify the proposed methodology and provide reference information for the sustainable management of the southern Atlantic albacore stock. The CTDDM treats the recruitment, the growth, and the mortality rates as all varying continuously over time and fills gaps between ASPM and SPM in this stock assessment.

Initial poststocking mortality, oxytetracycline marking, and year-class contribution of black-nosed crappies stocked into Tennessee reservoirs

USGS Publications Warehouse

Isermann, D.A.; Bettoli, P.W.; Sammons, S.M.; Churchill, T.N.

2002-01-01

Initial poststocking mortality, oxytetracycline mark persistence, and year-class contribution were evaluated for black-nosed crappies, a morphological variant of the black crappie Pomoxis nigromaculatus, stocked into Tennessee reservoirs during 1997-1999. Average initial poststocking mortality was low (x?? = 13%, N = 44). Lake temperature and the difference between lake and hauling tank water temperatures were significant in explaining variability in arcsine-transformed mortality estimates; however, the variability explained by these factors was low (R2 = 0.15). Oxytetracycline immersion was a highly effective marking tool; 97-100% of all crappies treated were marked, and 99% of the marks were visible 36-110 weeks after marking. All control otoliths were correctly scored as unmarked during the evaluation, and mortality rates did not differ between marked and unmarked crappies. Year-class contribution was variable across reservoirs and was highest in Normandy Reservoir (34-93% at ages 1-3). Contribution at ages 1 and 2 was 11-24% in Woods Reservoir. Stocking did not supplement the crappie population in Lake Graham. Black-nosed crappies made up a significant portion (>50%) of the crappies harvested by anglers in Center Hill Reservoir 3 years after stocking was initiated. Conversely, black-nosed crappies made up a relatively small percentage (???12%) of the crappies harvested in Cherokee Reservoir in the 4 years after initial stocking.

75 FR 71762 - Self-Regulatory Organizations; The NASDAQ Stock Market LLC; Notice of Filing and Immediate...

Federal Register 2010, 2011, 2012, 2013, 2014

2010-11-24

... commodities or commodity futures, options on commodities, or other commodity derivatives or Commodity-Based...) interest rate futures or options or derivatives on the foregoing in this subparagraph (b) (``Futures... options or other derivatives on any of the foregoing; or (b) interest rate futures or options or...

50 CFR 660.40 - Overfished species rebuilding plans.

Code of Federal Regulations, 2010 CFR

2010-10-01

... biennial OYs, specifically the target date for rebuilding the stock to its MSY level and the harvest... Potential Ratio” or “SPR” harvest rate. (a) Bocaccio. The target year for rebuilding the southern bocaccio... annual SPR harvest rate of 77.7 percent. (b) Canary rockfish. The target year for rebuilding the canary...

50 CFR 660.365 - Overfished species rebuilding plans.

Code of Federal Regulations, 2010 CFR

2010-10-01

... biennial OYs, specifically the target date for rebuilding the stock to its MSY level and the harvest... Potential Ratio” or “SPR” harvest rate. (a) Bocaccio. The target year for rebuilding the southern bocaccio... annual SPR harvest rate of 77.7 percent. (b) Canary rockfish. The target year for rebuilding the canary...

18 CFR 2.15 - Specified reasonable rate of return.

Code of Federal Regulations, 2011 CFR

2011-04-01

... average cost of long-term debt and preferred stock for the year, and the cost of common equity shall be... 18 Conservation of Power and Water Resources 1 2011-04-01 2011-04-01 false Specified reasonable rate of return. 2.15 Section 2.15 Conservation of Power and Water Resources FEDERAL ENERGY REGULATORY...

The value of supply chain coordination under moral hazard: A case study of the consumer product supply chain.

PubMed

Lee, Yumi; Song, Sang Hwa; Cheong, Taesu

2018-01-01

In this paper, we examine a real-world case related to the consumer product supply chain to analyze the value of supply chain coordination under the condition of moral hazard. Because of the characteristics of a buyback contract scheme employed in the supply chain, the supplier company's sales department encourages retailers to order more inventory to meet their sales target, whereas retailers pay less attention to their inventory level and leftovers at the end of the season. This condition induces moral hazard problems in the operation of the supply chain, as suppliers suffer from huge returns of leftover inventory. This, in turn, is related to the obsolescence of returned inventory, even with penalty terms in the contract for the return of any leftovers. In this study, we show under the current buyback-based supply chain operation, the inventory levels of both the supplier and retailers exceed customer demand and develop vendor-managed inventory (VMI) system with base stock policy to remove any mismatch of supply and demand. A comparison of both systems shows that through the proper coordination of supply chain operations, both suppliers and retailers can gain additional benefits while providing proper services to end customers.

Trypanosoma cruzi I and IV Stocks from Brazilian Amazon Are Divergent in Terms of Biological and Medical Properties in Mice

PubMed Central

Monteiro, Wuelton Marcelo; Margioto Teston, Ana Paula; Gruendling, Ana Paula; dos Reis, Daniele; Gomes, Mônica Lúcia; Marques de Araújo, Silvana; Bahia, Maria Terezinha; Costa Magalhães, Laylah Kelre; de Oliveira Guerra, Jorge Augusto; Silveira, Henrique; de Ornelas Toledo, Max Jean; Vale Barbosa, Maria das Graças

2013-01-01

Background In the Brazilian Amazon, clinical and epidemiological frameworks of Chagas disease are very dissimilar in relation to the endemic classical areas of transmission, possibly due to genetic and biological characteristics of the circulating Trypanosoma cruzi stocks. Twenty six T. cruzi stocks from Western Amazon Region attributed to the TcI and TcIV DTUs were comparatively studied in Swiss mice to test the hypothesis that T. cruzi clonal structure has a major impact on its biological and medical properties. Methodology/Principal Findings Seventeen parameters were assayed in mice infected with 14 T. cruzi strains belonging to DTU TcI and 11 strains typed as TcIV. In comparison with TcI, TcIV stocks promoted a significantly shorter pre-patent period (p<0.001), a longer patent period (p<0.001), higher values of mean daily parasitemia (p = 0.009) and maximum of parasitemia (p = 0.015), earlier days of maximum parasitemia (p<0.001) and mortality (p = 0.018), higher mortality rates in the acute phase (p = 0.047), higher infectivity rates (p = 0.002), higher positivity in the fresh blood examination (p<0.001), higher positivity in the ELISA at the early chronic phase (p = 0.022), and a higher positivity in the ELISA at the late chronic phase (p = 0.003). On the other hand TcI showed higher values of mortality rates in the early chronic phase (p = 0.014), higher frequency of mice with inflammatory process in any organ (p = 0.005), higher frequency of mice with tissue parasitism in any organ (p = 0.027) and a higher susceptibility to benznidazole (p = 0.002) than TcIV. Survival analysis showing the time elapsed from the day of inoculation to the beginning of the patent period was significantly shorter for TcIV strains and the death episodes triggered following the infection with TcI occurred significantly later in relation to TcIV. The notable exceptions come from positivity in the hemocultures and PCR, for which the results were similar. Conclusion/Significance T. cruzi stocks belonging to TcI and TcIV DTUs from Brazilian Amazon are divergent in terms of biological and medical properties in mice. PMID:23437410

Splanchnic Compression Improves the Efficacy of Compression Stockings to Prevent Orthostatic Intolerance

NASA Technical Reports Server (NTRS)

Platts, Steven H.; Brown, A. K.; Lee, S. M.; Stenger, M. B.

2009-01-01

Purpose: Post-spaceflight orthostatic intolerance (OI) is observed in 20-30% of astronauts. Previous data from our laboratory suggests that this is largely a result of decreased venous return. Currently, NASA astronauts wear an anti-gravity suit (AGS) which consists of inflatable air bladders over the calves, thighs and abdomen, typically pressurized from 26 to 78 mmHg. We recently determined that, thigh-high graded compression stockings (JOBST , 55 mmHg at ankle, 6 mmHg at top of thigh) were effective, though to a lesser degree than the AGS. The purpose of this study was to evaluate the addition of splanchnic compression to prevent orthostatic intolerance. Methods: Ten healthy volunteers (6M, 4F) participated in three 80 head-up tilts on separate days while (1) normovolemic (2) hypovolemic w/ breast-high compression stockings (BS)(JOBST(R), 55 mmHg at the ankle, 6 mmHg at top of thigh, 12 mmHg over abdomen) (3) hypovolemic w/o stockings. Hypovolemia was induced by IV infusion of furosemide (0.5 mg/kg) and 48 hrs of a low salt diet to simulate plasma volume loss following space flight. Hypovolemic testing occurred 24 and 48 hrs after furosemide. One-way repeated measures ANOVA, with Bonferroni corrections, was used to test for differences in blood pressure and heart rate responses to head-up tilt, stand times were compared using a Kaplan-Meyer survival analysis. Results: BS were effective in preventing OI and presyncope in hypovolemic test subjects ( p = 0.015). BS prevented the decrease in systolic blood pressure seen during tilt in normovolemia (p < 0.001) and hypovolemia w/o countermeasure (p = 0.005). BS also prevented the decrease in diastolic blood pressure seen during tilt in normovolemia (p = 0.006) and hypovolemia w/o countermeasure (p = 0.041). Hypovolemia w/o countermeasure showed a higher tilt-induced heart rate increase (p = 0.022) than seen in normovolemia; heart rate while wearing BS was not different than normovolemia (p = 0.353). Conclusion: BS may be an effective countermeasure to post-space flight OI. The addition of splanchnic compression is more effective than the previous thigh-high garments. These stockings are readily available, inexpensive, and can be worn for days following landing as astronauts re-adapt to Earth gravity.

Controls on Soil Organic Matter in Blue Carbon Ecosystems along the South Florida Coast

NASA Astrophysics Data System (ADS)

Smoak, J. M.; Rosenheim, B. E.; Moyer, R. P.; Radabaugh, K.; Chambers, L. G.; Lagomasino, D.; Lynch, J.; Cahoon, D. R.

2017-12-01

Coastal wetlands store disproportionately large amounts of carbon due to high rates of net primary productivity and slow microbial degradation of organic matter in water-saturated soils. Wide spatial and temporal variability in plant communities and soil biogeochemistry necessitate location-specific quantification of carbon stocks to improve current wetland carbon inventories and future projections. We apply field measurements, remote sensing technology, and spatiotemporal models to quantify regional carbon storage and to model future spatial variability of carbon stocks in mangroves and coastal marshes in Southwest Florida. We examine soil carbon accumulation and accretion rates on time scales ranging from decadal to millennial to project responses to climate change, including variations in inundation and salinity. Once freshwater and oligohaline wetlands are exposed to increased duration and spatial extent of inundation and salinity from seawater, soil redox potential, soil respiration, and the intensification of osmotic stress to vegetation and the soil microbial community can affect the soil C balance potentially increasing rates of mineralization.

A retrospective review of notified human leptospirosis cases in the Waikato region of New Zealand, 2004 to 2010.

PubMed

Cowie, George; Bell, Anita

2012-07-29

To retrospectively review notified human leptospirosis cases in the Waikato region of New Zealand between 2004 and 2010 and to identify risk factors for human leptospirosis infection. Waikato leptospirosis notification data for the period 1 January 2004 to 31 December 2010 were analysed to identify any trends in the rates and distribution of key variables. Annual Waikato leptospirosis notification rates were consistently higher than national rates. Infection was associated with males (93%) of working age (97%) who had exposure to animals through their occupation. Most cases were employed in dry stock farming, dairy farming or in the meat processing industry. Those who work with cattle continue to be at risk of infection from Leptospira. The data suggests that dry stock cattle farmers are at the highest risk. It is speculated that the immunisation of all cattle herds may further reduce the incidence of leptospirosis, although more accurate collection of work exposure data and further analysis is needed to determine this.

Economic Order Quantity (EOQ) Optimal Control Considering Selling Price and Salesman Initiative Cost

NASA Astrophysics Data System (ADS)

Hertini, Elis; Anggriani, Nursanti; Mianna, Winda; Supriatna, Asep K.

2018-03-01

Retailers usually offer several types of similar products. A larger number of available stock products in display space will lead consumer to buy more, as well as giving a negative impression on other types of less available products. However, the amount of display space is limited so capacity of carrying the products is limited. Competition among products to increase demand rate is influenced by stock levels available in display space, price and salesmen’s initiative in promoting the products. The Economic Order Quantity (EOQ) to replenish the stock of the product is dependent on the on-hand inventory. Salesman’s initiative also affects maximum profit obtained by the seller. In this paper, Potryagin’s Maximal Principle is used to determine the state of the inventory levels response to control prices of products. Sensitivity analysis of capacity allocation display space is also presented numerically.

Changes in Cross-Correlations as an Indicator for Systemic Risk

PubMed Central

Zheng, Zeyu; Podobnik, Boris; Feng, Ling; Li, Baowen

2012-01-01

The 2008–2012 global financial crisis began with the global recession in December 2007 and exacerbated in September 2008, during which the U.S. stock markets lost 20% of value from its October 11 2007 peak. Various studies reported that financial crisis are associated with increase in both cross-correlations among stocks and stock indices and the level of systemic risk. In this paper, we study 10 different Dow Jones economic sector indexes, and applying principle component analysis (PCA) we demonstrate that the rate of increase in principle components with short 12-month time windows can be effectively used as an indicator of systemic risk—the larger the change of PC1, the higher the increase of systemic risk. Clearly, the higher the level of systemic risk, the more likely a financial crisis would occur in the near future. PMID:23185692

On-site availability of selected antidotes: results of a survey of Massachusetts hospitals.

PubMed

Woolf, A D; Chrisanthus, K

1997-01-01

Hospital pharmacies in Massachusetts were surveyed to determine their patterns of stocking antidotes. Mailed questionnaires were completed by hospital pharmacy directors at 82 of 93 acute care institutions (87% response rate). Results confirmed great variability in on-site accessibility of antidotes. Only 8 of the 82 hospitals (9.8%) stocked all of 14 common antidotes inventoried by the survey. Even fewer hospital pharmacies stocked specific antidotes (eg, Crotalid anti-venin, digoxin-specific Fab antibodies, pyridoxine) in an adequate quantity to treat one poisoned adult. Larger hospitals and those with a 24-hour pharmacy were more likely to have certain antidotes than smaller institutions. We conclude that Massachusetts hospitals do not carry complete inventories of 14 common antidotes. It is important that poisoned patients be referred to medical centers with adequate toxicological care. Improved guidelines for the accessibility of antidotes need to be developed and made available to hospital pharmacies and emergency departments.

The foreign exchange market: return distributions, multifractality, anomalous multifractality and the Epps effect

NASA Astrophysics Data System (ADS)

Drożdż, Stanisław; Kwapień, Jarosław; Oświȩcimka, Paweł; Rak, Rafał

2010-10-01

We present a systematic study of various statistical characteristics of high-frequency returns from the foreign exchange market. This study is based on six exchange rates forming two triangles: EUR-GBP-USD and GBP-CHF-JPY. It is shown that the exchange rate return fluctuations for all of the pairs considered are well described by the non-extensive statistics in terms of q-Gaussians. There exist some small quantitative variations in the non-extensivity q-parameter values for different exchange rates (which depend also on the time scales studied), and this can be related to the importance of a given exchange rate in the world's currency trade. Temporal correlations organize the series of returns such that they develop the multifractal characteristics for all of the exchange rates, with a varying degree of symmetry of the singularity spectrum f(α), however. The most symmetric spectrum is identified for the GBP/USD. We also form time series of triangular residual returns and find that the distributions of their fluctuations develop disproportionately heavier tails as compared to small fluctuations, which excludes description in terms of q-Gaussians. The multifractal characteristics of these residual returns reveal such anomalous properties as negative singularity exponents and even negative singularity spectra. Such anomalous multifractal measures have so far been considered in the literature in connection with diffusion-limited aggregation and with turbulence. Studying the cross-correlations among different exchange rates, we found that market inefficiency on short time scales leads to the occurrence of the Epps effect on much longer time scales, but comparable to the ones for the stock market. Although the currency market is much more liquid than the stock markets and has a much greater transaction frequency, the building up of correlations takes up to several hours—a duration that does not differ much from what is observed in the stock markets. This may suggest that non-synchronicity of transactions is not the unique source of the observed effect.

Portfolio optimization with mean-variance model

NASA Astrophysics Data System (ADS)

Hoe, Lam Weng; Siew, Lam Weng

2016-06-01

Investors wish to achieve the target rate of return at the minimum level of risk in their investment. Portfolio optimization is an investment strategy that can be used to minimize the portfolio risk and can achieve the target rate of return. The mean-variance model has been proposed in portfolio optimization. The mean-variance model is an optimization model that aims to minimize the portfolio risk which is the portfolio variance. The objective of this study is to construct the optimal portfolio using the mean-variance model. The data of this study consists of weekly returns of 20 component stocks of FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBMKLCI). The results of this study show that the portfolio composition of the stocks is different. Moreover, investors can get the return at minimum level of risk with the constructed optimal mean-variance portfolio.

Optimal policy for profit maximising in an EOQ model under non-linear holding cost and stock-dependent demand rate

NASA Astrophysics Data System (ADS)

Pando, V.; García-Laguna, J.; San-José, L. A.

2012-11-01

In this article, we integrate a non-linear holding cost with a stock-dependent demand rate in a maximising profit per unit time model, extending several inventory models studied by other authors. After giving the mathematical formulation of the inventory system, we prove the existence and uniqueness of the optimal policy. Relying on this result, we can obtain the optimal solution using different numerical algorithms. Moreover, we provide a necessary and sufficient condition to determine whether a system is profitable, and we establish a rule to check when a given order quantity is the optimal lot size of the inventory model. The results are illustrated through numerical examples and the sensitivity of the optimal solution with respect to changes in some values of the parameters is assessed.

Herd behaviors in the stock and foreign exchange markets

NASA Astrophysics Data System (ADS)

Kim, Kyungsik; Yoon, Seong-Min; Kim, Yup

2004-10-01

The herd behavior of returns for the won-dollar exchange rate and the Korean stock price index (KOSPI) is analyzed in Korean financial markets. It is reported that the probability distribution P( R) of returns R for three types of herding parameter satisfies the power-law behavior P( R)≃ R- β with the exponents β=2.2 (the won-dollar exchange rate) and 2.4 (the KOSPI). When the herding parameter h satisfies h⩾2.33, the crash regime in which P( R) increases with the increasing R appears. The active state of the transaction exists to decrease for h>2.33. Especially, we find that the distribution of normalized returns shows a crossover to a Gaussian distribution when the time step Δ t=252 is used. Our results will also be compared to the other well-known analyses.

BEING EMOTIONAL DURING DECISION MAKING—GOOD OR BAD? AN EMPIRICAL INVESTIGATION

PubMed Central

SEO, MYEONG-GU; BARRETT, LISA FELDMAN

2008-01-01

This paper examines the link between affective experience and decision-making performance. In a stock investment simulation, 101 stock investors rated their feelings on an Internet Web site while making investment decisions each day for 20 consecutive business days. Contrary to the popular belief that feelings are generally bad for decision making, we found that individuals who experienced more intense feelings achieved higher decision-making performance. Moreover, individuals who were better able to identify and distinguish among their current feelings achieved higher decision-making performance via their enhanced ability to control the possible biases induced by those feelings. PMID:18449361

Machine vision system for automated detection of stained pistachio nuts

NASA Astrophysics Data System (ADS)

Pearson, Tom C.

1995-01-01

A machine vision system was developed to separate stained pistachio nuts, which comprise of about 5% of the California crop, from unstained nuts. The system may be used to reduce labor involved with manual grading or to remove aflatoxin contaminated product from low grade process streams. The system was tested on two different pistachio process streams: the bi- chromatic color sorter reject stream and the small nut shelling stock stream. The system had a minimum overall error rate of 14% for the bi-chromatic sorter reject stream and 15% for the small shelling stock stream.

Correlation dimension of financial market

NASA Astrophysics Data System (ADS)

Nie, Chun-Xiao

2017-05-01

In this paper, correlation dimension is applied to financial data analysis. We calculate the correlation dimensions of some real market data and find that the dimensions are significantly smaller than those of the simulation data based on geometric Brownian motion. Based on the analysis of the Chinese and US stock market data, the main results are as follows. First, by calculating three data sets for the Chinese and US market, we find that large market volatility leads to a significant decrease in the dimensions. Second, based on 5-min stock price data, we find that the Chinese market dimension is significantly larger than the US market; this shows a significant difference between the two markets for high frequency data. Third, we randomly extract stocks from a stock set and calculate the correlation dimensions, and find that the average value of these dimensions is close to the dimension of the original set. In addition, we analyse the intuitional meaning of the relevant dimensions used in this paper, which are directly related to the average degree of the financial threshold network. The dimension measures the speed of the average degree that varies with the threshold value. A smaller dimension means that the rate of change is slower.

High density culture of white bass X striped bass fingerlings in raceways using power plant heated effluent

DOE Office of Scientific and Technical Information (OSTI.GOV)

Collins, C.M.; Burton, G.L.; Schweinforth, R.L.

1983-06-01

White bass (Morone chrysops) X striped bass (M. saxatilis) hybrids weighing 1691/lb were initially stocked in five 24 ft/sup 3/ floating screen cages for 20 days. Hybrids averaging one inch in total length and 361 fish/lb were released in four 614 ft/sup 3/ concrete raceways. Two stocking densities, 2.6 and 5.1 fish/ft/sup 3/, were evaluated in the 94-day study using a flow rate of 300 gpm/raceway. Water temperatures averaged 79/sup 0/F and water quality was adequate throughout the production period. Fish were hand fed to satiation daily. Columnaris and Aeromonas hydrophila caused the most serious disease problems. Gas supersaturation wasmore » suspect in high mortality levels during cage culture of hybrid bass fry. Cannibalism may have been responsible for unaccountable losses prior to raceway stocking and at harvest. The study yielded 5773 hybrids weighing 658 lb. The high density treatment showed greater weight gain, average weight, average length and percent survival as well as improved food conversion. Results suggest that higher stocking densities and periodic grading may increase production and suppress cannibalism. 10 references, 3 figures, 3 tables.« less

Variability in the Carbon Storage of Seagrass Habitats and Its Implications for Global Estimates of Blue Carbon Ecosystem Service

PubMed Central

Lavery, Paul S.; Mateo, Miguel-Ángel; Serrano, Oscar; Rozaimi, Mohammad

2013-01-01

The recent focus on carbon trading has intensified interest in ‘Blue Carbon’–carbon sequestered by coastal vegetated ecosystems, particularly seagrasses. Most information on seagrass carbon storage is derived from studies of a single species, Posidonia oceanica, from the Mediterranean Sea. We surveyed 17 Australian seagrass habitats to assess the variability in their sedimentary organic carbon (Corg) stocks. The habitats encompassed 10 species, in mono-specific or mixed meadows, depositional to exposed habitats and temperate to tropical habitats. There was an 18-fold difference in the Corg stock (1.09–20.14 mg Corg cm−3 for a temperate Posidonia sinuosa and a temperate, estuarine P. australis meadow, respectively). Integrated over the top 25 cm of sediment, this equated to an areal stock of 262–4833 g Corg m−2. For some species, there was an effect of water depth on the Corg stocks, with greater stocks in deeper sites; no differences were found among sub-tidal and inter-tidal habitats. The estimated carbon storage in Australian seagrass ecosystems, taking into account inter-habitat variability, was 155 Mt. At a 2014–15 fixed carbon price of A$25.40 t−1 and an estimated market price of $35 t−1 in 2020, the Corg stock in the top 25 cm of seagrass habitats has a potential value of $AUD 3.9–5.4 bill. The estimates of annual Corg accumulation by Australian seagrasses ranged from 0.093 to 6.15 Mt, with a most probable estimate of 0.93 Mt y−1 (10.1 t. km−2 y−1). These estimates, while large, were one-third of those that would be calculated if inter-habitat variability in carbon stocks were not taken into account. We conclude that there is an urgent need for more information on the variability in seagrass carbon stock and accumulation rates, and the factors driving this variability, in order to improve global estimates of seagrass Blue Carbon storage. PMID:24040052

Progress toward lake trout restoration in Lake Michigan

USGS Publications Warehouse

Holey, Mark E.; Rybicki, Ronald W.; Eck, Gary W.; Brown, Edward H.; Marsden, J. Ellen; Lavis, Dennis S.; Toneys, Michael L.; Trudeau, Tom N.; Horrall, Ross M.

1995-01-01

Progress toward lake trout restoration in Lake Michigan is described through 1993. Extinction of the native lake trout fishery by sea lamprey predation, augmented by exploitation and habitat destruction, resulted in an extensive stocking program of hatchery-reared lake trout that began in 1965. Sea lamprey abundance was effectively controlled using selective chemical toxicants. The initial stocking produced a measurable wild year class of lake trout by 1976 in Grand Traverse Bay, but failed to continue probably due to excessive exploitation. The overall lack of successful reproduction lakewide by the late 1970s led to the development and implementation in 1985 of a focused inter-agency lakewide restoration plan by a technical committee created through the Lake Committee structure of the Great Lakes Fishery Commission. Strategies implemented in 1985 by the plan included setting a 40% total mortality goal lakewide, creating two large refuges designed to encompass historically the most productive spawning habitat and protect trout stocked over their home range, evaluating several lake trout strains, and setting stocking priorities throughout the lake. Target levels for stocking in the 1985 Plan have never been reached, and are much less than the estimated lakewide recruitment of yearlings by the native lake trout stocks. Since 1985, over 90% of the available lake trout have been stocked over the best spawning habitat, and colonization of the historically productive offshore reefs has occurred. Concentrations of spawning lake trout large enough for successful reproduction, based on observations of successful hatchery and wild stocks, have developed at specific reefs. Continued lack of recruitment at these specific sites suggests that something other than stotk abundance has limited success. Poor survival of lake trout eggs, assumed to be related to contaminant burden, occurred in the late 1970s and early 1980s, but survival has since increased to equal survival in the hatchery. A recent increase in lamprey wounding rates in northern Lake Michigan appears to be related to the uncontrolled build-up of lampreys in the St. Marys River a tributary of Lake Huron. If left uncontrolled, further progress toward restoration in the Northern Refuge may be limited.

Carbon Consequences of Forest Disturbance and Recovery Across the Conterminous United States

NASA Technical Reports Server (NTRS)

Williams, Christopher A.; Collatz, G. James; Masek, Jeffrey; Goward, Samuel N.

2012-01-01

Forests of North America are thought to constitute a significant long term sink for atmospheric carbon. The United States Forest Service Forest Inventory and Analysis (FIA) program has developed a large data base of stock changes derived from consecutive estimates of growing stock volume in the US. These data reveal a large and relatively stable increase in forest carbon stocks over the last two decades or more. The mechanisms underlying this national increase in forest stocks may include recovery of forests from past disturbances, net increases in forest area, and growth enhancement driven by climate or fertilization by CO2 and Nitrogen. Here we estimate the forest recovery component of the observed stock changes using FIA data on the age structure of US forests and carbon stocks as a function of age. The latter are used to parameterize forest disturbance and recovery processes in a carbon cycle model. We then apply resulting disturbance/recovery dynamics to landscapes and regions based on the forest age distributions. The analysis centers on 28 representative climate settings spread about forested regions of the conterminous US. We estimate carbon fluxes for each region and propagate uncertainties in calibration data through to the predicted fluxes. The largest recovery-driven carbon sinks are found in the South central, Pacific Northwest, and Pacific Southwest regions, with spatially averaged net ecosystem productivity (NEP) of about 100 g C / square m / a driven by forest age structure. Carbon sinks from recovery in the Northeast and Northern Lake States remain moderate to large owing to the legacy of historical clearing and relatively low modern disturbance rates from harvest and fire. At the continental scale, we find a conterminous U.S. forest NEP of only 0.16 Pg C/a from age structure in 2005, or only 0.047 Pg C/a of forest stock change after accounting for fire emissions and harvest transfers. Recent estimates of NEP derived from inventory stock change, harvest, and fire data show twice the NEP sink we derive from forest age distributions. We discuss possible reasons for the discrepancies including modeling errors and the possibility of climate and/or fertilization (CO2 or N) growth enhancements.

Variability in the carbon storage of seagrass habitats and its implications for global estimates of blue carbon ecosystem service.

PubMed

Lavery, Paul S; Mateo, Miguel-Ángel; Serrano, Oscar; Rozaimi, Mohammad

2013-01-01

The recent focus on carbon trading has intensified interest in 'Blue Carbon'-carbon sequestered by coastal vegetated ecosystems, particularly seagrasses. Most information on seagrass carbon storage is derived from studies of a single species, Posidonia oceanica, from the Mediterranean Sea. We surveyed 17 Australian seagrass habitats to assess the variability in their sedimentary organic carbon (C org) stocks. The habitats encompassed 10 species, in mono-specific or mixed meadows, depositional to exposed habitats and temperate to tropical habitats. There was an 18-fold difference in the Corg stock (1.09-20.14 mg C org cm(-3) for a temperate Posidonia sinuosa and a temperate, estuarine P. australis meadow, respectively). Integrated over the top 25 cm of sediment, this equated to an areal stock of 262-4833 g C org m(-2). For some species, there was an effect of water depth on the C org stocks, with greater stocks in deeper sites; no differences were found among sub-tidal and inter-tidal habitats. The estimated carbon storage in Australian seagrass ecosystems, taking into account inter-habitat variability, was 155 Mt. At a 2014-15 fixed carbon price of A$25.40 t(-1) and an estimated market price of $35 t(-1) in 2020, the C org stock in the top 25 cm of seagrass habitats has a potential value of $AUD 3.9-5.4 bill. The estimates of annual C org accumulation by Australian seagrasses ranged from 0.093 to 6.15 Mt, with a most probable estimate of 0.93 Mt y(-1) (10.1 t. km(-2) y(-1)). These estimates, while large, were one-third of those that would be calculated if inter-habitat variability in carbon stocks were not taken into account. We conclude that there is an urgent need for more information on the variability in seagrass carbon stock and accumulation rates, and the factors driving this variability, in order to improve global estimates of seagrass Blue Carbon storage.

Comparing the transcriptomes of embryos from domesticated and wild Atlantic salmon (Salmo salar L.) stocks and examining factors that influence heritability of gene expression.

PubMed

Bicskei, Beatrix; Taggart, John B; Glover, Kevin A; Bron, James E

2016-03-17

Due to selective breeding, domesticated and wild Atlantic salmon are genetically diverged, which raises concerns about farmed escapees having the potential to alter the genetic composition of wild populations and thereby disrupting local adaptation. Documenting transcriptional differences between wild and domesticated stocks under controlled conditions is one way to explore the consequences of domestication and selection. We compared the transcriptomes of wild and domesticated Atlantic salmon embryos, by using a custom 44k oligonucleotide microarray to identify perturbed gene pathways between the two stocks, and to document the inheritance patterns of differentially-expressed genes by examining gene expression in their reciprocal hybrids. Data from 24 array interrogations were analysed: four reciprocal cross types (W♀ × W♂, D♀ × W♂; W♀ × D♂, D♀ × D♂) × six biological replicates. A common set of 31,491 features on the microarrays passed quality control, of which about 62 % were assigned a KEGG Orthology number. A total of 6037 distinct genes were identified for gene-set enrichment/pathway analysis. The most highly enriched functional groups that were perturbed between the two stocks were cellular signalling and immune system, ribosome and RNA transport, and focal adhesion and gap junction pathways, relating to cell communication and cell adhesion molecules. Most transcripts that were differentially expressed between the stocks were governed by additive gene interaction (33 to 42 %). Maternal dominance and over-dominance were also prevalent modes of inheritance, with no convincing evidence for a stock effect. Our data indicate that even at this relatively early developmental stage, transcriptional differences exist between the two stocks and affect pathways that are relevant to wild versus domesticated environments. Many of the identified differentially perturbed pathways are involved in organogenesis, which is expected to be an active process at the eyed egg stage. The dominant effects are more largely due to the maternal line than to the origin of the stock. This finding is particularly relevant in the context of potential introgression between farmed and wild fish, since female escapees tend to have a higher spawning success rate compared to males.

Potential stocks and increments of woody biomass in the European Union under different management and climate scenarios.

PubMed

Kindermann, Georg E; Schörghuber, Stefan; Linkosalo, Tapio; Sanchez, Anabel; Rammer, Werner; Seidl, Rupert; Lexer, Manfred J

2013-02-01

Forests play an important role in the global carbon flow. They can store carbon and can also provide wood which can substitute other materials. In EU27 the standing biomass is steadily increasing. Increments and harvests seem to have reached a plateau between 2005 and 2010. One reason for reaching this plateau will be the circumstance that the forests are getting older. High ages have the advantage that they typical show high carbon concentration and the disadvantage that the increment rates are decreasing. It should be investigated how biomass stock, harvests and increments will develop under different climate scenarios and two management scenarios where one is forcing to store high biomass amounts in forests and the other tries to have high increment rates and much harvested wood. A management which is maximising standing biomass will raise the stem wood carbon stocks from 30 tC/ha to 50 tC/ha until 2100. A management which is maximising increments will lower the stock to 20 tC/ha until 2100. The estimates for the climate scenarios A1b, B1 and E1 are different but there is much more effect by the management target than by the climate scenario. By maximising increments the harvests are 0.4 tC/ha/year higher than in the management which maximises the standing biomass. The increments until 2040 are close together but around 2100 the increments when maximising standing biomass are approximately 50 % lower than those when maximising increments. Cold regions will benefit from the climate changes in the climate scenarios by showing higher increments. The results of this study suggest that forest management should maximise increments, not stocks to be more efficient in sense of climate change mitigation. This is true especially for regions which have already high carbon stocks in forests, what is the case in many regions in Europe. During the time span 2010-2100 the forests of EU27 will absorb additional 1750 million tC if they are managed to maximise increments compared if they are managed to maximise standing biomass. Incentives which will increase the standing biomass beyond the increment optimal biomass should therefore be avoided. Mechanisms which will maximise increments and sustainable harvests need to be developed to have substantial amounts of wood which can be used as substitution of non sustainable materials.

Temporal and spatial water use on irrigated and nonirrigated pasture-based dairy farms.

PubMed

Higham, C D; Horne, D; Singh, R; Kuhn-Sherlock, B; Scarsbrook, M R

2017-08-01

Robust information for water use on pasture-based dairy farms is critical to farmers' attempts to use water more efficiently and the improved allocation of freshwater resources to dairy farmers. To quantify the water requirements of dairy farms across regions in a practicable manner, it will be necessary to develop predictive models. The objectives of this study were to compare water use on a group of irrigated and nonirrigated farms, validate existing water use models using the data measured on the group of nonirrigated farms, and modify the model so that it can be used to predict water use on irrigated dairy farms. Water use data were collected on a group of irrigated dairy farms located in the Canterbury, New Zealand, region with the largest area under irrigation. The nonirrigated farms were located in the Manawatu region. The amount of water used for irrigation was almost 52-fold greater than the amount of all other forms of water use combined. There were large differences in measured milking parlor water use, stock drinking water, and leakage rates between the irrigated and nonirrigated farms. As expected, stock drinking water was lower on irrigated dairy farms. Irrigation lowers the dry matter percentage of pasture, ensuring that the amount of water ingested from pasture remains high throughout the year, thereby reducing the demand for drinking water. Leakage rates were different between the 2 groups of farms; 47% of stock drinking water was lost as leakage on nonirrigated farms, whereas leakage on the irrigated farms equated to only 13% of stock drinking water. These differences in leakage were thought to be related to regional differences rather than differences in irrigated versus nonirrigated farms. Existing models developed to predict milking parlor, corrected stock drinking water, and total water use on nonirrigated pasture-based dairy farms in a previous related study were tested on the data measured in the present research. As expected, these models performed well for nonirrigated dairy farms but provided poor predictive power for irrigated farms. Partial least squares regression models were developed specifically to simulate corrected stock drinking water, milking parlor water, and total water use on irrigated dairy farms. Copyright © 2017 American Dairy Science Association. Published by Elsevier Inc. All rights reserved.

Quantifying Terrestrial Ecosystem Carbon Stocks for Future GHG Mitigation, Sustainable Land-Use Planning and Adaptation to Climate Change in Quebec, Canada.

NASA Astrophysics Data System (ADS)

Garneau, M.; van Bellen, S.

2016-12-01

Based on various databases, carbon stocks of terrestrial ecosystems in the boreal and arctic biomes of Quebec were quantified as part of an evaluation of their capacity to mitigate anthropogenic greenhouse gas (GHG) emissions and estimate their vulnerability with respect to recent climate change and land use changes. The results of this project are contributing to the establishment of the Strategy for Climate Change Adaptation as well as the 2013-2020 Climate Change Action Plan of the Quebec Ministry of Environment, which aim to adapt the Quebec society to the effects of climate change and the reduction of GHG emissions. The total carbon stock of the soils of the forest and peatland ecosystems of Quebec was quantified at 18.00 Gt C or 66.0 Gt CO2-equivalent, of which 95% corresponds to the boreal and arctic regions. The mean carbon mass per unit area (kg C m-2) of peatlands is about nine times higher than that of forests, with values of 100,0 kg C m-2 for peatlands and 10,9 kg C m-2 for forest stands. In 2013, total anthropogenic emissions in Quebec were quantified at 82.6 Mt CO2-equivalent (Environment Canada, 2015), or 1.25‰ of the total Quebec ecosystem carbon stock. The total stock thus represents the equivalent of about 800 years of anthropogenic emissions at the current rate, divided between 478 years for peatlands and 321 years for forest soils. Future GHG mitigation policies and sustainable land-use planning should be supported by scientific data on terrestrial ecosystems carbon stocks. An increase in investments in peatland, wetland and forest conservation, management and rehabilitation may contribute to limit greenhouse gas emissions. It is therefore essential, that, following the objectives of multiple international organisations, the management of terrestrial carbon stocks becomes part of the national engagement to reduce GHG emissions.

Response to dietary supplementation of L-glutamine and L-glutamate in broiler chickens reared at different stocking densities under hot, humid tropical conditions.

PubMed

Shakeri, M; Zulkifli, I; Soleimani, A F; O'Reilly, E L; Eckersall, P D; Anna, A A; Kumari, S; Abdullah, F F J

2014-11-01

A study was conducted to determine whether supplementing AminoGut (a commercial dietary supplement containing a mixture of l-glutamine and l-glutamic acid) to broiler chickens stocked at 2 different densities affected performance, physiological stress responses, foot pad dermatitis incidence, and intestinal morphology and microflora. A randomized design in a factorial arrangement with 4 diets [basal diet, basal diet + 0.5% AminoGut from d 1 to 21, basal diet + 0.5% AminoGut from d 1 to 42, and basal diet + virginiamycin (0.02%) for d 1 to 42] and 2 stocking densities [0.100 m(2)/bird (23 birds/pen; LD) or 0.067 m(2)/bird (35 birds/pen; HD)]. Results showed that villi length and crypt depth were not changed by different dietary treatments. However, birds in the HD group had smaller villi (P = 0.03) compared with those of the LD group. Regardless of diet, HD consistently increased the serum concentrations of ceruloplasmin, α-1 acid glycoprotein, ovotransferin, and corticosterone (P = 0.0007), and elevated heterophil to lymphocyte ratio (0.0005). Neither AminoGut supplementation nor stocking density affected cecal microflora counts. In conclusion, under the conditions of this study, dietary supplementation of AminoGut, irrespective of stocking density, had no beneficial effect on growth performance, intestinal morphology, and physiological adaptive responses of broiler chickens raised under hot and humid tropical conditions. However, AminoGut supplementation from d 1 to 42 was beneficial in reducing mortality rate. Also, the increased serum concentrations of a wide range of acute phase proteins together with elevated corticosterone and heterophil to lymphocyte ratio suggested that high stocking density induced an acute phase response either indirectly as a result of increased incidence of inflammatory diseases such as foot pad dermatitis or possibly as a direct physiological response to the stress of high stocking density. ©2014 Poultry Science Association Inc.