This work focuses on cost reduction methods for forest species recognition systems. Current state-of-the-art shows that the accuracy of these systems have increased considerably in the past years, but the cost in time to perform the recognition of input samples has also increased proportionally. For this reason, in this work we focus on investigating methods for cost reduction locally (at eithe...

This paper discusses the application of plant-wide control philosophy to enhance the performance and capacity of the Produced Water Treatment (PWT) in offshore oil & gas production processes. Different from most existing facilityor material-based PWT innovation methods, the objective of this work is to propose a software-based breakthrough PWT innovation solution. This is achieved through integ...

This paper introduces how green marketing influences the sustainable development of garment industry. It analyses the cost and profit to implement green marketing, both in a short term and in the long run. In a short term the cost may increase. However, in the long run, the income will overweigh the cost. There’re five reasons: reduced cost, expanding export by broking down green barriers, esta...

Estimating structural state space models with maximum likelihood is often infeasible. If the model can be expressed as a reduced form vector-autoregression (VAR) in the observable data, then two step techniques such as minimum chi-square estimation can reliably recover structural parameter estimates. However, macroeconomists cannot always rely on the existence of a VAR reduced form – as is ofte...

This paper studies demographic variation in social capital investment. A specific focus is the effect of income on social capital. Findings show that once the endogeneity of income is accounted for, it does not seem to have an independent effect on social capital investment.

This paper introduces a subspace segmentation and data clustering method for a set of data drawn from a union of subspaces. The proposed method works perfectly in absence of noise, i.e., it can find the number of subspaces, their dimensions, and an orthonormal basis for each subspace. The effect of noise on this approach depends on the noise level and relative positions of subspaces. We provide...

This paper employs non-parametric specification tests developed in Hong and Li (2005) to evaluate several one-factor reduced-form credit risk models for actual default intensities. Using estimates for actual default probabilities provided by Moody’s KMV from 1994 to 2005 for 106 U.S. firms in seven industry groups, we strongly reject popular univariate affine model specifications. As a good com...

This paper examines the effects of the estimated probability of bank failure on the growth rates oflarge time deposits and interest rates on those deposits. While riskier banks paid higher interest rates, they attracted less large time deposits in the second half of the 1980s. These results indicate that risky banks faced unfavorable supply schedules of large time deposits and, hence, support t...