abstract on 6 december 2006, australia and korea announced a joint study on a possible australia-korea free trade agreement (akfta) to promote trade and economic relations between the two countries. the paper provides empirical evidence on the possible gains and their transmission mechanism from this agreement. significantly, it uses a new economic policy modelling approach, the endogenous grav...

High-frequency measurements of atmospheric molecular hydrogen (H2) and carbon monoxide (CO) were made at an urban site in the United Kingdom (UK) from mid-December, 2008 until early March, 2009. Very few measurements of H2 exist in the urban environment, particularly within the UK, but are an essential component in the assessment of anthropogenic emissions of H2 and to a certain extent CO. Thes...

Aiming at an improved mechanistic understanding of the preferential oxidation of CO on supported Au catalysts, we have investigated the competition between CO and H2 for stable, active oxygen (Oact) species on a Au/TiO2 catalyst during the simultaneous exposure to CO and H2 with various CO/H2 ratios at 80 ̋C and 400 ̋C by quantitative temporal analysis of products (TAP) reactor measurements. It...

This article studies the features of co-movements of prices and production between six CEECs recently joined the EU and the euro zone. More precisely, based partially on the methodology suggested by Alesina, Barro and Tenreyro [2002], we evaluate the size and the persistence of prices and outputs shocks between each CEECs and euro zone. Results will contribute to the debate around the participa...

Using quarterly data for the last four decades, we test a number of traditional assumptions about aggregate consumer behaviour in the UK, with regard to the order of integration of the time series, the income elasticity of consumption and the stability of the parameters of the consumption function. In all cases, modification of these assumptions now appears to be necessary. JEL Classification: E21

When incubated in the presence of CO gas, Rubrivivax gelatinosus CBS induces a CO oxidation-H2 production pathway according to the stoichiometry CO + H2O --> CO2 + H2. Once induced, this pathway proceeds equally well in both light and darkness. When light is not present, CO can serve as the sole carbon source, supporting cell growth anaerobically with a cell doubling time of nearly 2 days. This...

This paper attempts to evaluate the determinants of export demand of textile and clothing sector of Pakistan. Moreover it estimates coefficients of the variables of the study. This study uses co-integration approach to check the long run relationship between export demand and its determinants. Results show that world income is the major determinant of export demand as it shows high coefficient ...

We study how the 2007-2009 crisis has changed the impact of financial integration on the transmission of international business cycles, focusing on a sample of 20 developed countries between 1978 and 2009. We use a differences-in-differences strategy for identification and investigate the effect of bilateral financial linkages on the co-movement of output, investment, and consumption before and...

The theory of demand and supply implies a positive relationship, or ‘‘price transmission’’ between the prices of products at different stages of manufacturing. This relationship was investigated with quarterly prices of softwood stumpage in the US South, and national prices of forest products, from 1977 to 2002. All prices, net of inflation, were found to be nonstationary and there was no evide...

  In this paper, modeling and optimization of Fischer-Tropsch Synthesis is considered in a fixed-bed catalytic reactor using an industrial Fe-Cu-K catalyst. A one dimensional pseudo-homogenous plug flow model without axial dispersion is developed for converting syngas to heavy hydrocarbons. The effects of temperature, pressure, H2 to CO ratio in feed stream, and CO molar flow on the mass flow r...