2 resultados para multi-stage fixed costs
em Repository Napier
Resumo:
This paper focuses on the analysis of the relationship between maritime trade and transport cost in Latin America. The analysis is based on disaggregated (SITC 5 digit level) trade data for intra Latin maritime trade routes over the period 1999-2004. The research contributes to the literature by disentangling the effects of transport costs on the range of traded goods (extensive margin) and the traded volumes of goods (intensive margin) of international trade in order to test some of the predictions of the trade theories that introduce firm heterogeneity in productivity, as well as fixed costs of exporting. Recent investigations show that spatial frictions (distance) reduce trade mainly by trimming the number of shipments and that most firms ship only to geographically proximate customers, instead of shipping to many destinations in quantities that decrease in distance. Our analyses confirm these findings and show that the opposite pattern is observed for ad-valorem freight rates that reduce aggregate trade values mainly by reducing the volume of imported goods (intensive margin).
Resumo:
The aim of the present study is twofold. Firstly, the paper investigates the undrained cyclic and post-cyclic behaviour of two silica sands by means of multi-stage cyclic triaxial tests. Secondly, based on the post-cyclic response observed in the element test, the authors formulate a simplified stress–strain relationship that can be conveniently used for the construction of p–y curves for liquefiable soils. The multi-stage loading condition consists of an initial cyclic loading applied to cause liquefaction, followed by undrained monotonic loading that aimed to investigate the post-cyclic response of the liquefied sample. It was found that due to the tendency of the liquefied soil to dilate upon undrained shearing, the post-liquefaction strain–stress response was characterised by a distinct strain–hardening behaviour. The latter is idealized by means of a bi-linear stress–strain model, which can be conveniently formulated in terms of three parameters, i.e.: (i) take-off shear strain, γto, i.e. shear strain required to mobilize 1 kPa of shear strength; (b) initial secant shear modulus, G1, defined as 1/γto; (c) post-liquefied shear modulus at large strain, G2 (γ⪢γto). Based on the experimental results, it is concluded that these parameters are strongly influenced by the initial relative density of the sample, whereby γto decreases with increasing relative density. Differently both shear moduli (G1 and G2) increases with increasing relative density. Lastly, the construction of new p–y curves for liquefiable soils based on the idealized bi-linear model is described.