in this paper asymmetric price transmission mechanism and nonlinear adjustment between producer and retail prices of milk were examined in zanjan province of iran. for this purpose, a two-regime threshold vector error correction model (tvecm) and a sup-lm test developed by hansen and seo (2002) were employed for checking presence of a threshold effect. application of unit root tests indicated t...

abstract this study uses annual data over the period 2005-2014 and the panel vecm approach to examine financial inclusion and monetary policy effectiveness in africa. the study shows that financial inclusion and monetary policy effectiveness are linked by a set of long-run relationships. policy reaction to the positive financial inclusion shock is not significant. policy reaction to the positiv...

Run-to-run optimization methodologies exploit the repetitive nature of batch processes to find the optimal operating policy in the presence of uncertainty. For the class of batch optimization problems where the solution is determined by terminal constraints, the update of the decision variables towards their optimal values is realized using a constraint control scheme. The methodology is adapte...

This paper compares the impacts of SARS and human deaths arising from Avian Flu on international tourist arrivals to Asia. The effects of SARS and human deaths from Avian Flu will be compared directly according to human deaths. The nature of the short run and long run relationship is examined empirically by estimating a static line fixed effect model and a difference transformation dynamic mode...

reasoning: γ 002 = -0.06, t = -0.93, df = 67, p = .35; main effect simulation run: γ 010 = 2.32, t = 3.89, df = 130, p < .001; interaction effect condition X run: γ 011 = -2.50, t = 2.09, df = 130, p < .05; interaction effect condition X trial: γ 101 = 0.74, t = 2.95, df = 130, p

This paper briefly describes the Forester tree automata-based shape analyser and its participation in the SV-COMP’16 competition on software verification. In particular, it summarizes the verification approach used by Forester, its architecture and setup for the competition, as well as its strengths and weaknesses observed in the competition run. The paper highlights the newly added counterexam...