This paper re-examines the Hotelling model of optimal nonrenewable resource extraction in light of stock effects and technological progress. We assume functional forms for cost and demand so that the solution to the Hotelling problem is a steady-state consistent with the empirical observation that the growth rates of market prices have remained zero over a long period of time. We use data on 14...

Three strains of facultatively anaerobic thermotolerant and moderately halophilic bacteria were isolated from two Jordanian hot spring locations. The novel Bacillus strains were short rods, Gram-positive, motile and spore formers. The strains were capable of anaerobic (but not aerobic) growth at 63C, moderately halophilic, able to grow at NaCl concentration range of 12 15 % and at temperatures ...

Purpose This study aims at investigating the impact of disclosure and Shariah governance on financial performance in MENASA (Middle East, North Africa Southeast Asia) Islamic banks. Design/methodology/approach We use Generalized Least Squares (GLS) regression models to check interdependence relationship between disclosure, 47 banks (IBs) from ten countries operating region. The sample period is...

Applied researchers often confront two issues when using the fixed effect-two-stage least squares (FE-2SLS) estimator for panel data models. One is that it may lose its consistency due to too many instruments. The other gain of FE-2SLS not exceed loss endogeneity weak. In this paper, an L2Boosting regularization procedure models proposed tackle instruments issue. We then construct a Stein-like ...

سابقه و هدف: گیاه­ پالایی مقرون­ به­ صرفه سازگار با محیط زیست است که در آن گیاه از توانایی‌‌های طبیعی خود برای بازیابی استفاده ‌‌می‌‌‌کند. گیاهان مورد باید توانایی انباشت مقادیر زیادی آلاینده‌‌های فلزی را بدون ایجاد سمیت آنها داشته باشند. امروزه افزایش جمعیت جهان به دنبال توسعه صنایع کارخانه‌‌ها، بر میزان پساب‌‌های وارده غالبا حاوی فلزات سنگین مختلف ‌‌می‌‌‌باشند، افزوده ‌‌می‌‌‌شود. تاثیرات مخرب...

Face recognition is important in human identification. The biological recognition technique acts as a good method and broad applications in security areas. This work presents a method to improve the face recognition accuracy using a combination of Principal Component Analysis (PCA), and Wavelet Transform. Wavelet Transform is used to decompose the input image with different levels and rearrange...

We propose two simple bias reduction procedures that apply to estimators in a general static simultaneous equation model. Standard jackknife estimators, as applied to 2SLS, may not reduce the bias of the exogenous variable coefficient estimators since the estimator biases are not monotonically non-increasing with sample size (a necessary condition for successful bias reduction) and they have mo...