The Transatlantic Productivity Gap : Is R&D the Main Culprit?

The literature has pointed to different causes to explain the productivity gap between Europe and United States in the last decades. This paper tests the hypothesis that the lower European productivity performance in comparison with the US can be explained not only by a lower level of corporate R&D investment, but also by a lower capacity to translate R&D investment into productivity gains. The proposed microeconometric estimates are based on a unique longitudinal database covering the period 1990-2008 and comprising 1.809 US and European companies for a total of 16.079 observations. Consistent with previous literature, we find robust evidence of a significant impact of R&D on productivity, however – using different estimation techniques - the R&D coefficients for the US firms always turn out to be significantly higher. To see to what extent these transatlantic differences may be related to the different sectoral structures in the US and the EU, we differentiated the analysis by sectors. The result is that both in manufacturing, services and high-tech sectors US firms are more efficient in translating their R&D investments into productivity increases.

A Meta-Analysis of Trabecular Bone Score in Fracture Risk Prediction and Its Relationship to FRAX.

Trabecular bone score (TBS) is a gray-level textural index of bone microarchitecture derived from lumbar spine dual-energy X-ray absorptiometry (DXA) images. TBS is a bone mineral density (BMD)-independent predictor of fracture risk. The objective of this meta-analysis was to determine whether TBS predicted fracture risk independently of FRAX probability and to examine their combined performance by adjusting the FRAX probability for TBS. We utilized individual-level data from 17,809 men and women in 14 prospective population-based cohorts. Baseline evaluation included TBS and the FRAX risk variables, and outcomes during follow-up (mean 6.7 years) comprised major osteoporotic fractures. The association between TBS, FRAX probabilities, and the risk of fracture was examined using an extension of the Poisson regression model in each cohort and for each sex and expressed as the gradient of risk (GR; hazard ratio per 1 SD change in risk variable in direction of increased risk). FRAX probabilities were adjusted for TBS using an adjustment factor derived from an independent cohort (the Manitoba Bone Density Cohort). Overall, the GR of TBS for major osteoporotic fracture was 1.44 (95% confidence interval [CI] 1.35-1.53) when adjusted for age and time since baseline and was similar in men and women (p > 0.10). When additionally adjusted for FRAX 10-year probability of major osteoporotic fracture, TBS remained a significant, independent predictor for fracture (GR = 1.32, 95% CI 1.24-1.41). The adjustment of FRAX probability for TBS resulted in a small increase in the GR (1.76, 95% CI 1.65-1.87 versus 1.70, 95% CI 1.60-1.81). A smaller change in GR for hip fracture was observed (FRAX hip fracture probability GR 2.25 vs. 2.22). TBS is a significant predictor of fracture risk independently of FRAX. The findings support the use of TBS as a potential adjustment for FRAX probability, though the impact of the adjustment remains to be determined in the context of clinical assessment guidelines. © 2015 American Society for Bone and Mineral Research.

Kumpulan tiedekirjaston maantieteen monografiat

Maantieteen lainattavien monografioiden kokoelma sisältää 7288 (7.8.2007) nidettä. Kokoelma on luokiteltu UDK-luokituksen mukaisesti. Asiasanoituksessa on käytetty YSA:n asiasanoja sekä tarpeen vaatiessa vapaita asiasanoja. Kopioinnissa tulleita asiasanoja ei ole poistettu, vaan ne ovat käytössä (esim. Kongressin asiasanat). Monografiat ovat pääosin englannin-, suomen, saksan- ja ruotsinkielisiä. Kirjat ovat vapaasti käytettävissä ja lainattavissa. Laina-aika on 28 vuorokautta. Kokoelman kehittäjien tavoitteena on aina ollut korkeatasoinen maantieteen tieteellinen kokoelma, joka vastaa ainelaitoksen tutkijoiden, opettajien ja opiskelijoiden tarpeita. Laitoksen johto on pitänyt tärkeänä riittävää budjetointia hankinnan tarpeisiin. Hankintapäätökset on tehnyt tieteenalan asiantuntija, yleensä laitoksen johtaja yhteistyössä kirjaston kanssa. Käyttäjät ovat pääsääntöisesti olleet omalta ainelaitokselta, mutta tieteenalan luonteen vuoksi kokoelman käyttäjiä ovat myös lukuisten lähitieteiden tutkijat ja muut yksityishenkilöt. Maantieteen kokoelma sisältää myös laajan aluesuunnittelun kokoelman.

Market of biomass fuels in Finland : IEA Bioenergy Task 40 and EUBIONET III - Country report of Finland 2009

This study considered the current situation of solid and liquid biomass fuels in Finland. The fact that industry consumes more than half of the total primary energy, widely applied combined heat and power production and a high share of solid biomass fuels in the total energy consumption are specific to the Finnish energy system. Wood is the most important source of bioenergy in Finland, representing 20% of the total energy consumption in 2007. Almost 80% of the woodbased energy is recovered from industrial by-products and residues. As a member of the European Union, Finland has committed itself to the Union’s climate and energy targets, such as reducing its overall emissions of green house gases to at least 20% below 1990 levels by 2020, and increasing the share of renewable energy in the gross final consumption. The renewable energy target approved for Finland is 38%. The present National Climate and Energy Strategy was introduced in November 2008. The strategy covers climate and energy policy measures up to 2020, and in brief thereafter, up to 2050. In recent years, the actual emissions have exceeded the Kyoto commitment and the trend of emissions is on the increase. In 2007, the share of renewable energy in the gross final energy consumption was approximately 25% (360 PJ). Without new energy policy measures, the final consumption of renewable energy would increase to 380 PJ, which would be approximately only 31% of the final energy consumption. In addition, green house gas emissions would exceed the 1990 levels by 20%. Meeting the targets will need the adoption of more active energy policy measures in coming years. The international trade of biomass fuels has a substantial importance for the utilisation of bioenergy in Finland. In 2007, the total international trading of solid and liquid biomass fuels was approximately 77 PJ, of which import was 62 PJ. Most of the import is indirect and takes place within the forest industry’s raw wood imports. In 2007, as much as 21% of wood energy was based on foreign-origin wood. Wood pellets and tall oil form the majority of export streams of biomass fuels. The indirect import of wood fuels peaked in 2006 to 61 PJ. The foreseeable decline in raw wood import to Finland will decrease the indirect import of wood fuels. In 2004– 2007, the direct trade of solid and liquid biomass fuels has been on a moderate growth path. In 2007, the import of palm oil and export of bio-diesel emerged, as a large, 170 000 t/yr biodiesel plant came into operation in Porvoo.

De lingvis igneis, qvam Christi redemtoris auxilio nixus

Invocatio: [Alpha et Omega].

De vestalibvs Romanorvm

Invocatio: Divina adfulgente gratia.

De gemino Messia

Invocatio: [hepreaa].

De caussis ventorum

Invocatio: D.D.

Schedion zoologicum de ira

Invocatio: Divina adfulgente gratia. Ded.: Gustavus Adolphus Humble, Olavus Osander, Andreas Eckerstedt, Peturs Kexerus, Andreas Ståhl, Sveno Fovelin, Samuel Lyseen, Henricus Bereen, Zacharias Tobiis, Lars Eckman [ruots. runo].

De responso Elisaei, 2. Regum VIII: v. 10

Invocatio: Q.F.F.Q.S.

Vaticinium Nahumi latine et fennice

Arkit: E4 F2.

De natura salium simplicium

Dedicatio: Daniel Lithander.