Assessing the production of jet mix columns using alkali activated waste based on mechanical and financial performance and CO2 (eq) emissions

Recent research has proved the potential of alkaline activated fly-ash for soil stabilisation. However, such studies have not focused on the link between financial, mechanical and environmental aspects of this solution, but only on their absolute mechanical properties. The present paper characterises the mechanical behaviour of a large spectrum of activator-ash-soil combinations used to build jet mixing columns, analysing also the cost and CO2 (eq) emissions. The concern with these two vectors forced a decrease in the quantity of stabilising agent added to the soil, relatively to previous research, and the effects of such low quantities have not yet been published. However, the results clearly showed a significant improve in strength, still well above the average values expected when improving the stressstrain behaviour of a weak soil. Uniaxial compressive strength tests were used to assess the effects of the fly-ash percentage, the alkalieash ratio and the water content. The carbon calculator recently developed by the European Federation of Foundation Contractors and the Deep Foundations Institute was used to quantify the CO2 (eq) emissions associated with this technique. The financial cost was estimated based on the experience of a major Portuguese contractor. For comparison purposes, soil cement mixtures were also analysed, using similar conditions and tools used for the soil-ash analysis. Results showed that the cement and ash solutions are very similar in terms of overall performance, with some advantage of the former regarding financial cost, and a significant advantage of the latter regarding the CO2 (eq) emissions. This new grout, although it is in an embryonic stage, it has the potential for broader developments in the field.

In silico constraint-based strain optimization methods: the quest for optimal cell factories

Shifting from chemical to biotechnological processes is one of the cornerstones of 21st century industry. The production of a great range of chemicals via biotechnological means is a key challenge on the way toward a bio-based economy. However, this shift is occurring at a pace slower than initially expected. The development of efficient cell factories that allow for competitive production yields is of paramount importance for this leap to happen. Constraint-based models of metabolism, together with in silico strain design algorithms, promise to reveal insights into the best genetic design strategies, a step further toward achieving that goal. In this work, a thorough analysis of the main in silico constraint-based strain design strategies and algorithms is presented, their application in real-world case studies is analyzed, and a path for the future is discussed.

Financial stress and sovereign debt composition

"Published online: 19 Oct 2015"

Kinematic constraint equations

This chapter presents a general methodology for the formulation of the kinematic constraint equations at position, velocity and acceleration levels. Also a brief characterization of the different type of constraints is offered, namely the holonomic and nonholonomic constraints. The kinematic constraints described here are formulated using generalized coordinates. The chapter ends with a general approach to deal with the kinematic analysis of multibody systems.

The real economic effects of cross-delistingfrom the united states: evidence on post-operating performance, financial constraints and stock crash risk

Tese de Doutoramento em Ciências Empresariais.

Origen y evolución del magma granítico en el Batolito de Achala: Fundamentos petrológicos, geoquímicos y estructurales para la preconcentración uranífera en el área de Cañada del Puerto. Origin and evolution of the granitic magma in the Achala Batholith: petrological, geochemical and structural constraint for the uranium preconcentration in the Cañada del Puerto area.

El batolito de Achala es uno de los macizos graníticos más grandes de las Sierras Pampeanas, el cual se localiza en las Sierras Grandes de Córdoba. Si bien el batolito de Achala ha sido objeto de diversos estudios geológicos, principalmente debido a sus yacimientos de uranio, el mismo todavía no posee un inequívoco modelo petrogéntico. Tampoco existe, en la actualidad, un inequívoco modelo que explique la preconcentración de uranio en las rocas graníticas portadores de este elemento. Este Proyecto tiene como objetivo general realizar estudios petrológicos y geoquímicos en la región conocida como CAÑADA del PUERTO, un lugar estratégicamente definido debido a la abundancia de granitos equigranulares de grano fino y/o grano medio biotíticos, emplazados durante el desarrollo de cizallas magmáticas tardías, y que constituirían las rocas fuentes de uranio. El objetivo específico requiere estudios detallados de las diferentes facies del batolito de Achala en el área seleccionada, incluyendo investigaciones petrológicas, geoquímicas de roca total, geoquímica de isótopos radiactivos y química mineral, con el fin de definir un MODELO PETROGENÉTICO que permita explicar: (a) el origen del magma padre y el subsiguiente proceso de cristalización de las diferentes facies graníticas aflorantes en el área de estudio, (b) identificar el proceso principal que condujo a la PRECONCENTRACIÓN uranífera de los magmas graníticos canalizados en las cizallas magmáticas tardías. Ambos objetivos se complementan y no son compartimentos estancos, ya que el logro combinado de estos objetivos permitirá comprender de mejor manera el proceso geoquímico que gobernó la distribución y concentración del U. De esta manera, se intentará definir un MODELO de PRECONCENTRACIÓN URANÍFERA EXTRAPOLABLE a otras áreas graníticas enriquecidas en uranio, constituyendo una poderosa herramienta de investigación aplicada a la exploración uranífera. En particular, el conocimiento de los recursos uraníferos es parte de una estrategia nacional con vistas a triplicar antes del 2025 la disponibilidad energética actual, en cuyo caso, el uranio constituye la materia prima de las centrales nucleares que se están planificando y en construcción. Por otro lado, la Argentina adhirió al Protocolo de Kioto y, junto a los países adherentes, deben disminuir de manera progresiva el uso de combustibles fósiles (que producen gases de efecto invernadero), reemplazándola por otras fuentes de energía, entre ellas, la ENERGÍA NUCLEAR. Este Proyecto, si bien NO es un Proyecto de exploración y/o prospección minera, es totalmente consistente con la política energética nacional promocionada desde el Ministerio de Planificación Federal, Inversión Pública y Servicios (v. sitio WEB CNEA), que ha invertido, desde 2006, importantes sumas de dinero, en el marco del Programa de Reactivación de la Actividad Nuclear.Los estudios referidos serán conducidos por los Drs. Dahlquist (CONICET-UNC) y Zarco (CNEA) quienes integrarán sus experiencias desarrolladas en el campo de las Ciencias Básicas con aquel logrado en el campo de las Ciencias Aplicadas, respectivamente. Se pretende, por tanto, aplicar conocimientos académicos-científicos a un problema de geología con potencial significado económico-energético, vinculando las instituciones referidas, esto es, CONICET-UNC y CNEA, con el fin de contribuir a la actividad socioeconómica de la provincia de Córdoba en particular y de Argentina en general.Finalmente, convencidos de que el progreso de la Ciencia y el Desarrollo Tecnológico está íntimamente vinculada con la sólida Formación de Recursos Humanos se pretende que este Proyecto contribuya SIGNIFICATIVAMENTE a las investigaciones de Doctorado que iniciará la Geóloga Carina Bello, actual Becaria de la CNEA.

Un modelo contable para la evaluación económico-financiera en escenarios futuros de la empresa agropecuaria. An accounting model for the economic and financial evaluation of future scenarios in farm enterprises.

El problema: En todo momento y sobre todo cuando estamos en presencia de escenarios económicos turbulentos resulta imprescindible utilizar herramientas que permitan realizar análisis de sensitividad sobre las distintas situaciones que podrían plantearse. La elaboración de modelos matemáticos deterministas desde las aplicaciones realizadas por Richard Mattessich han constituido un instrumento idóneo para el caso de empresas comerciales o industriales. Los modelos informáticos utilizados para las empresas agropecuarias han abordado fundamentalmente la temática relacionada con la producción, no así las otras variables económicas y financieras. Por lo tanto, entendemos que se hace necesario trabajar con modelos agropecuarios que comprendan todas las variables económicas y financieras, de manera de observar otro tipo de cuestiones, tales como: el modo de financiarse, los costos financieros, necesidades de capital de trabajo. Hipótesis: Es posible, a través de la utilización de la información contable en sentido prospectivo, interpretar adecuadamente los escenarios futuros de las organizaciones agropecuarias, cuantificando los impactos que generan tanto las estrategias y políticas aplicables, como las distorsiones del contexto. Objetivo general: determinar la incidencia de las decisiones internas y las que provengan del funcionamiento del sistema económico, a través de la información contable prospectiva. Objetivos específicos: a. Describir los impactos que se producen en la estructura patrimonial, financiera y en los resultados, como consecuencia de los cambios en las estrategias y políticas de la empresa agropecuaria, así como los efectos macroeconómicos en la estructura de la empresa que pudieran estar conmoviendo la gestión económico-financiera. b. Identificar mecanismos y proponer criterios para la elaboración de modelos que permitan visualizar los impactos en los escenarios futuros y las adecuaciones necesarias en la estructura que permitan soportar las modificaciones. Metodología: será un estudio a nivel teórico, donde una vez identificadas las variables y planteados los modelos, se propondrán distintas situaciones y se testearán las respuestas. Resultados esperados: lograr un avance en la evaluación económico-financiera prospectiva de empresas agropecuarias y constituir un avance para futuras investigaciones. Importancia del proyecto: La producción agropecuaria es vital tanto para el desarrollo económico de Argentina, como en particular para la provincia de Córdoba. Elaborar herramientas que eficientizen la administración de este tipo de empresas, redundará en beneficio colectivo. Pertinencia: El producto verificable será la construcción de un modelo distinto a los actuales, tanto en su desarrollo, objetivo al que está destinado y sencillez de su aplicación, posibilitando la inserción del productor en el proceso de planificación, reduciendo el riesgo en la toma de decisiones. Esperando generar un avance sobre los modelos preexistente.

The financial sustainability of passive house construction in Ireland.

In Ireland the average energy cost for a household in 2006 was estimated to be €1,767, an increase of 4% on 2005 figures. With the state o f the current economic climate, home owners are beginning to realise the potential of energy efficient construction methods. The Passive House Standard offers a cost efficient and sustainable construction solution compared to the Traditional Irish construction methods. This report focuses on the Cost comparison between Passive House construction and traditional construction methods. The report also focuses on barriers that are slowing market penetration of the Passive House standard in the Irish Market. It also identifies potential energy savings that passive house occupants would benefit from. The report also highlights professional opinions on the future development o f the Passive House Standard in Ireland. The conclusions of this report are that the Passive House Standard is a more financially suitable construction solution compared to that o f a traditional dwelling complying with the Irish Building Regulations. The report also concludes that the Passive House Standard won’t be introduced as an Irish Building Regulation in the future but that it will have a big impact on future building regulations. The hypothesis o f this report is supported by data obtained from a literature review, qualitative data analysis and a case study. The report recommends that in order for the Passive House Standard to penetrate further into the Irish construction market, various barriers must be rectified. Local manufactures must start producing suitable components that suit the Passive House specification. The Building Energy Rating system must be altered in order for the Passive House to achieve its potential BER rating.

Financial structure choice in owner-managed firms : entrepreneurial characteristics, utility of control, and the competitive context

Magdeburg, Univ., Fak. für Wirtschaftswiss., Diss., 2011

Convergence and morphological constraint in frogs : variation in postcranial morphology ; a contribution in celebration of the distinguished scholarship of Robert F. Inger on the occasion of his sixty-fifth birthday / Sharon B. Emerson.

n.s. no.43(1988)

Financial development, labor and market regulations and growth

This paper investigates the importance that market regulation and financial imperfections have on firm growth. We analyse institutions af- fecting labor market as Employment Protection Laws (EP) and Product Market Regulation (PM). We show that together with the beneficial effects of financial development, a firm will get less financing, and thus investless, in a weak financial market (finance effect), the strictness of product and labor market regulations also affect firm growth (labor effect). In particular, we show that the stricter the rules the more detrimental the influence on growth in sectoral value added for a large number of countries. We also show that the labor effect overcomes the positive finance effect.

Governance mechanisms in Spanish financial intermediaries

This paper examines the governance of Spanish Banks around two main issues. First, does a poor economic performance activate those governance interventions that favor the removal of executive directors and the merger of non-performing banks? And second, does the relationship between governance intervention and economic performance vary with the ownership form of the bank? Our results show that a bad performance does activate governance mechanisms in banks, although for the case of Savings Banks intervention is confined to a merger or acquisition. Nevertheless, the distinct ownership structure of Savings Banks does not fully protect non-performing banks from disappearing. Product-market competition compensates for those weak internal governance mechanisms that result from an ownership form which gives voice to several stakeholder groups.

Double implementation in a market for indivisible goods with a price constraint

I consider the problem of assigning agents to objects where each agent must pay the price of the object he gets and prices must sum to a given number. The objective is to select an assignment-price pair that is envy-free with respect to the true preferences. I prove that the proposed mechanism will implement both in Nash and strong Nash the set of envy-free allocations. The distinguishing feature of the mechanism is that it treats the announced preferences as the true ones and selects an envy-free allocation with respect to the announced preferences.

Are one factor logarithmic volatility models useful to fit the features of financial data? An application to microsoft data.

This paper provides empirical evidence that continuous time models with one factor of volatility, in some conditions, are able to fit the main characteristics of financial data. It also reports the importance of the feedback factor in capturing the strong volatility clustering of data, caused by a possible change in the pattern of volatility in the last part of the sample. We use the Efficient Method of Moments (EMM) by Gallant and Tauchen (1996) to estimate logarithmic models with one and two stochastic volatility factors (with and without feedback) and to select among them.