cometadata/datacite-rtg-text-other-reclassification-records huggingface dataset:
Japanese tourism satisfaction: Gold Coast versus Hawaii
Creators: name: Reisinger, Yvette
name: Turner, Lindsay
Publisher: name: Monash University
Year: 2017
Subjects: Uncategorized

description: The Gold Coast region is one of the major tourism destinations for Japanese tourists to Australia. Hawaii in the United States is the major competitive destination to the Gold Coast for attracting Japanese tourists. The objective of this study was to identify the factors of Japanese tourists' satisfaction with destination attributes in Hawaii and the Gold Coast, and to determine whether these factors vary. A survey of 300 Japanese tourists departing Hawaii was compared with a survey of 300 Japanese tourists departing the Gold Coast. Both surveys were collected in mid 1998. Twenty-seven elements of satisfaction with destination choice were factor analysed and compared between the Gold Coast and Hawaii. Conclusions from these analyses are discussed and suggestions made regarding the need to make a comparison of satisfaction based on multiple destination factors rather than on individual factors.
The Importance of Perspective in the Measurement of Quality Adjusted Life Years
Creators: name: Richardson, Jeff
name: Nord, Erik
Publisher: name: Monash University
Year: 2017
Subjects: Uncategorized

description: Scaling instruments for the measurement of QALYs incorporate either a personal or impersonal perspective on the benefits of a health intervention and either do or do not incorporate considerations of equity. This paper set out three hypotheses concerning perspective and equity. These are: (i) that more equally distributed benefits will be preferred to less equally distributed benefits; (ii) that the preference value elicited for a health benefit will be greater when the respondent to a QALY questionnaire is a potential beneficiary; and (iii) that, by comparison with personal preferences, individuals will be more concerned with the quantity than the quality of life in other people. These hypotheses were tested using two existing instruments, and two other instruments that were created for this study. Results gave no support to the third hypothesis; some support to the first and strong support for the second hypothesis. It is concluded that perspective can significantly alter the values incorporated in a QALY instrument. The policy implications of the results are twofold. First, they give some support to the view that distributional consequences of health programs are of importance to the population and that they should be included in the evaluation of any health program. Second, they indicate that an evaluation should consider whether the health state values to be obtained should incorporate an impersonal perspective reflecting the purely `social' judgement of a health planner or a perspective reflecting self-interest.
Additional file 1 of Alleviating the effect of quinoa and the underlying mechanism on hepatic steatosis in high-fat diet-fed rats
Creators: name: Song, Chenwei
name: Lv, Wei
name: Li, Yahui
name: Nie, Pan
name: Lu, Jun
name: Geng, Yanlou
name: Heng, Zhang
name: Song, Lihua
Publisher: name: figshare
Year: 2021
Subjects: subject: Biochemistry
subject: Cell Biology
subject: Genetics
subject: FOS: Biological sciences
subject: Molecular Biology
subject: Physiology
subject: Chemical Sciences not elsewhere classified
subject: Immunology
subject: FOS: Clinical medicine
subject: Biological Sciences not elsewhere classified
subject: Computational Biology

description: Additional file 1. Supplementary Table 1. Nutrients composition of feed for SD rats in each group. Supplementary Table S2. Primer sequences for validation of genes.
Multi-wavelength JWST observations of (3200) Phaethon show a dehydrated object with an aqueously altered origin
Creators: name: Thomas, Cristina A.
name: Rivkin, Andrew S.
name: Wong, Ian
name: Knight, Matthew M.
name: Marshall, Sean E.
name: Haberle, Christopher W.
name: Madden-Watson, Aidan
name: Emery, Joshua P.
name: Gustafsson, Annika
name: Milam, Stefanie N.
name: Hammel, Heidi B.
name: Howell, Ellen S.
name: Vervack, Ronald J.
Publisher: name: arXiv
Year: 2025
Subjects: subject: Earth and Planetary Astrophysics (astro-ph.EP)
subject: FOS: Physical sciences

description: We present JWST observations of the near-Earth asteroid (3200) Phaethon using the Near-Infrared Camera (NIRCam), Near-Infrared Spectrograph (NIRSpec), and Mid-Infrared Instrument (MIRI) to further investigate the composition of Phaethon's surface. Our NIRSpec data confirms that Phaethon's surface is dehydrated, showing no evidence of hydrated minerals in the 3-$μ$m region. We estimate an upper limit on the hydrogen content in phyllosilicates of 0.06 wt%. Comparisons with laboratory spectra of carbonaceous chondrites suggest that Phaethon's surface composition is best matched by thermally metamorphosed samples of the CM chondrite Murchison (heated to 1000$^{\circ}$C), rather than CY meteorites as previous work suggested. We find no evidence of ongoing surface evolution due to recent perihelion passages. A comparison of the mid-infrared spectra of Phaethon and Bennu shows distinct spectral differences that are consistent with their different thermal histories. Our findings further refine our understanding of Phaethon's current surface composition and evolution and provide additional insights for the upcoming DESTINY+ mission.
description: 17 pages, 11 figures, accepted Planetary Science Journal
Binding of Gamma PNA to Targets Derived from Viral and Human Genomes
Creators: name: Sarkar, Srijani
Publisher: name: Carnegie Mellon University
Year: 2022
Subjects: Biochemistry

description: The targeting ability of peptide nucleic acids (PNAs) to functional sequences in the genome is crucial for therapeutic development. While many scientific reports have been published on PNAs, the binding ability of newer generation gamma substituted PNAs (yPNAs) to different target sequences is yet to be evaluated. Towards this objective, we have studied the interactions of complementary yPNAs to canonical and non-canonical structures of nucleic acid targets (DNA/RNA) that are modeled based on viral or human regulatory sequences.Chapter 1 summarizes a vast number of existing literature on various applications of the first generation unmodified PNAs in gene targeting and discusses different backbone modified new generation PNAs that have advantages over the first generation. Chapter 2 characterizes guanine quadruplex (GQ) formation by a guanine-rich conserved sequence in the NS5 protein-coding region of the West Nile virus (WNV) genome at physiological temperature and potassium concentration. We further applied various spectroscopic techniques to confirm the invasion of the GQ structure by complementary yPNAs. The yPNAs showed very strong binding to the target with low fM affinity at physiological temperature and potassium concentration. Chapter 3 focuses on another DNA secondary structure called intercalated motif (i-motif) formed by the cytosine-rich sequence at the KRAS promoter. This chapter first characterizes the i-motif formation at acidic and neutral pH followed by the successful invasion of the i-motif structure by unmodified and analogous y-modified complementary PNAs. We also observed the formation of intermolecular i-motifs by the overhangs of the DNA-yPNA heteroduplexes. Lastly, chapter 4 focuses on developing mitochondria penetrating PNA-Peptide and yPNA-Peptide conjugates, which can penetrate the cell membrane and mitochondrial double membrane and invade duplex mitochondrial DNA. The chapter demonstrates synthesis and optimizations of mitochondria penetrating PNA-Peptide and yPNA-Peptide conjugates. We have also presented the mitochondrial localization data for some of the PNA-Peptide and yPNA-Peptide conjugates. Finally, chapter 5 discusses the prospect of yPNA-based gene targeting in the context of various therapeutic applications.
Why might a country want to develop its comparative disadvantage industries? A general equilibrium analysis
Creators: name: Cheng, Wenli
name: Zhang, Dingsheng
Publisher: name: Monash University
Year: 2017
Subjects: Uncategorized

description: This paper develops a general equilibrium 2x2 Ricardian model that demonstrates the possibility of immiserizing growth as a result of a productivity improvement in a country's export industry. The model also shows that immiserizing growth can be avoided by improving the productivity of the country's comparative disadvantage industry. However this strategy may inflict harm on its trading partner. In comparison, a balanced growth strategy can improve welfare of the growing country without hurting its trading partner.
The taxation appeals system: an administrative law perspective
Creators: name: Gumley, Wayne
Publisher: name: Monash University
Year: 2017
Subjects: Uncategorized

description: This paper examines the current review rights provided under the Income Tax Assessment Act 1936 to evaluate their fairness and efficiency by reference to the significant developments in administrative law over the last 20 years. It is concluded that the internal review process offered under the Act (ie. the objection procedure) is not operating efficiently and in cases where ATO policy is disputed it is incapable of considering the merits of the dispute. It is also concluded that the external review avenues (ie. by the Administrative Appeals Tribunal and Federal Court) are unfair due to delay and high litigation costs involved together with the Commissioner's power to prejudice the taxpayer's rights through his power to recover the amount in dispute before the appeal is determined.
Additional file 3 of Residual refinement for interactive skin lesion segmentation
Creators: name: Jiang, Dalei
name: Wang, Yin
name: Zhou, Feng
name: Ma, Hongtao
name: Zhang, Wenting
name: Fang, Weijia
name: Zhao, Peng
name: Tong, Zhou
Publisher: name: figshare
Year: 2021
Subjects: subject: Artificial Intelligence and Image Processing
subject: FOS: Computer and information sciences
subject: Information Systems

description: Additional file 3 : Supplementary Table 1. Hyper-parameters of SBox-Net and Click-Net.
Don't Do What I Do - Just Bloody Well Do What I Say! The Workplace Bullying Experiences of Australian Academics
Creators: name: Hanley, Glennis
Publisher: name: Monash University
Year: 2017
Subjects: Uncategorized

description: Workplace bullying is a silent epidemic permeating our workplaces. Bullying is a broad, typically imprecisely used term encompassing a wide variety of phenomena - but all definitions contain the element of power in one form or another. Workplace bullying has been attributed to a combination of business economic rationalism, downsizing, conflictual work environments and limited worker participation in management decisions. This paper explores the types of bullying experienced by general and academic staff in four Australian universities. By employing a schoolyard bullying analogy it is possible to categorise their experiences into: gatekeeper bullying; sandpit bullying; toilet bullying; and king bullying. Moreover, it appears that collegiality is protecting the university bully - victims are reluctant to pursue the bullying issue fearing ridicule or isolation by colleagues.
Real interest rate linkages in the Pacific Basin region
Creators: name: Ji, Philip Inyeob
name: Kim, Jae H.
Publisher: name: Monash University
Year: 2017
Subjects: Uncategorized

description: This paper examines the linkage of real interest rates of a group of Pacific-Basin countries with a focus on East Asia. We consider monthly real interest rates of the US, Japan, Korea, Singapore, and Thailand from 1980 to 2004. The impulse response analysis and half-life estimation are conducted in a multivariate setting, adopting the bias-corrected bootstrap as a means of statistical inference. It is found that the degree of capital market integration has increased after the Asian financial crisis in 1997. The evidence suggests that the crisis has substantially changed the nature of the short run interactions among the real interest rates. Before the crisis, both the US and Japanese capital markets dominated the region. However, after the crisis, the dominance of the Japanese market has completely disappeared, while the US remains as a sole dominant player.
Residual Diagnostic Plots for Checking for Model Mis-Specification in Time Series Regression
Creators: name: Fraccaro, Richard
name: Hyndman, Rob J.
name: Veevers, Alan
Publisher: name: Monash University
Year: 2017
Subjects: Uncategorized

description: This paper considers residuals for time series regression. Despite much literature on visual diagnostics for uncorrected data, there is little on the autocorrelated case. In order to examine various aspects of the fitted time series regression model, three residuals are considered. The fitted regression model can be checked using orthogonal residuals; the time series error model can be analysed using marginal residuals; and the white noise error component can be tested using conditional residuals. When used together, these residuals allow identification of outliers, model mis-specification and mean shifts. Due to the sensitivity of conditional residuals to model mis-specification, it is suggested that the orthogonal and marginal residuals be examined first.
Re-estimating Real Output for Service Industries in Australia
Creators: name: Verikios, George
Publisher: name: Monash University
Year: 2017
Subjects: Uncategorized

description: This paper examines the current national accounts measure of real output for five major service industries in Australia. It finds that real output measures for insurance services; banking services; non-bank financial services; and education services are unsatisfactory. Alternative estimates based on acceptable output proxies are presented for these industries for the period 1986/87-1993/94. The estimates indicate that insurance, banking and non-bank financial services have grown more quickly than previously thought, while education services have grown less quickly than earlier estimates suggested. The effect on GDP of these estimates is also presented.
Nonparametric Estimation and Symmetry Tests for Conditional Density Functions
Creators: name: Hyndman, Rob J.
name: Yao, Qiwei
Publisher: name: Monash University
Year: 2017
Subjects: Uncategorized

description: We suggest two new methods for conditional density estimation. The first is based on locally fitting a log-linear model, and is in the spirit of recent work on locally parametric techniques in density estimation. The second method is a constrained local polynomial estimator. Both methods always produce non-negative estimators. We propose an algorithm suitable for selecting the two bandwidths for either estimator. We also develop a new bootstrap test for the symmetry of conditional density functions. The proposed methods are illustrated by both simulation and application to a real data set.
GP Budget Holding for Australia: Panacea or Poison?
Creators: name: Wilton, Paula
name: Smith, Richard D
Publisher: name: Monash University
Year: 2017
Subjects: Uncategorized

description: Australia has a lot in common with other OECD nations in its experience of health care expenditure and provision over the last decade. It has experienced many problems and concerns similar to those of other OECD nations, including upward pressure on health care costs, potential reductions in service quality and growth of waiting lists, particularly for public patients. In addition, Australia has experienced problems which might be considered unique due to its system of funding and geographical dimensions, such as the potential for cost shifting across levels of government and between public and private sectors, as well as a potential maldistribution of GPs across urban and rural areas. Whilst many nations, such as the UK and NZ, have pursued some variation of managed competition and the purchaser-provider split to address these problems, and the USA has moved down the managed care reform path, the common element has been the focus on budget holding for primary care. In contrast, Australia has been relatively unusual in not moving down a budget holding route, but has instead chosen incremental reform, such as through coordinated care, restrictions of doctor supply and the General Practice Strategy. The central issue, given this divergence of reform strategies to tackle similar problems, is to establish the likely success of each in achieving its objectives. Given the similarity of many of the core issues of concern, would we expect that the piecemeal Australian reform strategy will produce a more effective and efficient outcome than the more widescale reform of budget holding as pursued by other nations? In particular, with the introduction of the Australian coordinated care trials and the implicit budget-holding responsibilities that these imply, it is useful to examine whether wider GP budget holding for Australia would be a panacea or poison. This paper reviews the likely effectiveness and efficiency of the Australian reform strategy in light of experience and evidence of budget holding in achieving similar objectives: principally to stem upward cost pressures, reduce reliance on FFS remuneration, improve coordination of care, reduce the incentive for cost- shifting, reduce waiting lists and tackle the issue of rural-urban imbalance in distribution and access to GPs. Within each of these areas budget holding would appear to offer a more effective, or cost-effective, achievement of the desired objective than piecemeal reform; in theory at least. It is clear, however, that in practice numerous issues pertinent to the Australian context would need to be tackled, such as the requirement for enrolment, or registration, of populations with specific GPs. In conclusion, the authors recommend that budget holding for general practice be considered further as a viable, and potentially more efficient, alternative to the current piecemeal reform of the primary care sector.
The composition of Foreign Investment in China and the Governance Environment
Creators: name: Fausten, Dietrich K.
name: Lake, James
Publisher: name: Monash University
Year: 2017
Subjects: Uncategorized

description: The paper explores, in the specific context of China, the influence of the financial dimension of the "governance environment" on the composition of foreign investment. The hypothesis that the preferred form or mode of foreign investment is influenced by the state of financial development of the host country suggests that foreign investment in China should consist predominantly of FDI during the initial phase of China's transformation, followed by an increasing share of FPI as financial development deepens and governance arrangements become increasingly transparent and reliable. A corollary of this conjecture is that the secular evolution of the composition of foreign investment may shed some indirect, but important, light on the progress of financial development in China and on the perceived "quality" of her govemance regime. These conjectures are loosely supported by our findings. The progress of reforms in China has been effective in buttressing confidence of international investors sufficiently to maintain a substantial flow of foreign investment into China, the Asian Crisis notwithstanding. However, the continuing dominance of FDI and the absence of significant FPI growth against the backdrop of financial sector reforms suggest that international investors regard those reforms as inadequate. Financial reforms have failed to improve the governance environment sufficiently to establish investor confidence in the efficacy of domestic markets, specifically in the financial sector.
Additional file 2 of CircIL4R activates the PI3K/AKT signaling pathway via the miR-761/TRIM29/PHLPP1 axis and promotes proliferation and metastasis in colorectal cancer
Creators: name: Jiang, Tao
name: Wang, Hongyu
name: Liu, Lianyu
name: Song, Hu
name: Zhang, Yi
name: Wang, Jiaqi
name: Liu, Lei
name: Xu, Teng
name: Fan, Ruizhi
name: Xu, Yixin
name: Wang, Shuai
name: Shi, Linsen
name: Zheng, Li
name: Wang, Renhao
name: Song, Jun
Publisher: name: figshare
Year: 2021
Subjects: subject: Biophysics
subject: Biochemistry
subject: Medicine
subject: Cell Biology
subject: Genetics
subject: FOS: Biological sciences
subject: Molecular Biology
subject: Pharmacology
subject: Immunology
subject: FOS: Clinical medicine
subject: Biological Sciences not elsewhere classified
subject: Cancer

description: Additional file 2. Supplemental Materials and Methods.
Cost Utility Analysis of Treatment Options for Gallstone Disease: Final Report
Creators: name: Cook, Johanna
name: Richardson, Jeff
name: Street, Andrew
Publisher: name: Monash University
Year: 2017
Subjects: Uncategorized

description: An economic evaluation was conducted of treatment options for patients with symptomatic gallstone disease, namely open cholecystectomy, laparoscopic cholecystectomy and extra corporeal shockwave lithotripsy (ESWL). Because of the importance of quality of life following treatment, a cost utility analysis was selected as the appropriate method for the evaluation. Information was obtained from a clinical trial at St Vincent's Hospital in Melbourne. Further information on the outcomes of treatment were sought from clinical staff, the literature, and patients themselves. The utility associated with being in each post-treatment health state was assessed by presenting descriptions of these health states to members of the general public and asking them to evaluate each using the time trade-off technique. Data on resource use was derived from patient protocols devised by hospital staff and from a patient questionnaire. The cost analysis included hospital costs, costs borne by patients and care-givers, and the indirect costs of lost time to productive activity. The three treatments were compared in terms of their costs and outcomes, and the results subjected to sensitivity analysis. It was found that laparoscopic cholecystectomy was unambiguously superior to open cholecystectomy, and would generally be preferred to ESWL. In the absence of laparoscopic cholecystectomy, ESWL is unambiguously the preferred option if (1) indirect costs are included in the analysis or (2) when patients presenting with a small single stone. The present paper provides an overview of the study, its methods and it reports, in full, the results of the sensitivity analysis conducted. More detailed discussion of particular aspects of the study are presented in Cook and Richardson (1993a,b), Street (1993) and Cook, Richardson and Street (1994).
A focus group study of health care priority setting at the individual patient, program and health system levels
Creators: name: Shrimpton, Bradley
name: McKie, John
name: Hurworth, Rosalind
name: Bell, Catherine
name: Richardson, Jeff
Publisher: name: Monash University
Year: 2017
Subjects: Uncategorized

description: Faced with an ageing population and newspaper warnings that escalating costs are leading to a health crisis, debate has intensified in Australia and elsewhere on the allocation of limited health resources. But whose values should inform decision-making in the health area, and should the influence of different groups vary with the level of decision-making? These questions were put to 54 members of the public and health professionals in eight focus groups. Unlike previous studies, participants were not asked if particular groups should be involved in decisions but rather through deliberation and discussion nominated their own potential decision makers. This delivered a clear message that participants saw a legitimate role for a broad range of stakeholders in priority setting decisions. The results suggest that qualitative methods of investigation have the potential to improve the legitimacy and accountability of policy decisions by contributing to a better understanding of the values of the public and health professionals.
Tourism, Rainforests and Worthless Lands: the Origins of National Parks in Queensland
Creators: name: Frost, Warwick
Publisher: name: Monash University
Year: 2017
Subjects: Uncategorized

description: Alfred Runte has argued that US National Parks were only established where government regarded the lands as worthless for economic development. A number of writers have applied his theory to the origin of National Parks in other regions of recent European settlement, particularly Australia. This article contests this explanation, through consideration of the establishment of National Parks in the rainforests of Queensland. The declaration of these National Parks were the subject of an extensive debate over the period of 1895 to 1915, during which it was strongly argued that they had significant potential for farming and logging.
Tourist satisfaction with hosts: a cultural approach comparing Thai tourists and Australian hosts
Creators: name: Reisinger, Yvette
name: Turner, Lindsay
Publisher: name: Monash University
Year: 2017
Subjects: Uncategorized

description: The purpose of this paper is to analyze the concept of tourist holiday satisfaction. Various definitions of satisfaction are presented. Reference is made to interpersonal tourist-host interaction. The cultural influences on tourist-host interaction difficulties are discussed. The paper argues that it is a necessity to analyze cultural differences between international tourists and hosts of the visited destination. The cultural differences between Thai tourists and Australian hosts were summarized in six dimensions by a principal components analysis. These were: Courtesy, Idealism, Understanding the Tourist, Display of Feelings, Greetings, and Satisfaction. These dimensions were interpreted and the key cultural differences between Thai tourists and Australian hosts, which could influence the Thai tourist satisfaction, presented. The paper concludes that utilizing cultural differences is an important requirement in the tourism industry to develop appropriate marketing strategies. Keywords: cultural differences, Thai tourists, Australian hosts.
A Monte Carlo Investigation of Some Tests for Stochastic Dominance
Creators: name: Tse, Y.K.
name: Zhang, Xibin
Publisher: name: Monash University
Year: 2017
Subjects: Uncategorized

description: This paper compares the performance of several tests for stochastic dominance up to order three using Monte Carlo methods. The tests considered are the Davidson and Duclos (2000) test, the Anderson test (1996) and the Kaur, Rao and Singh (1994) test. Only unpaired samples of independent observations are considered, as this is a restriction for both the Anderson and Kaur-Rao-Singh tests. We find that the Davidson-Duclos test appears to be the best. The Kaur-Rao-Singh test is overly conservative and does not compare favorably against the Davidson-Duclos and Anderson tests in terms of power.
Do Economists Lead or Lag? Some Evidence From Citations to the Calculation Debate
Creators: name: Jakee, Keith
name: Kenneally, Martin
Publisher: name: Monash University
Year: 2017
Subjects: Uncategorized

description: Historians of economic thought have argued for decades over whether the "environment" determines the development and dissemination of economic theories. A related question naturally focuses on whether it should. The issue, known as the "environmental debate", runs to the heart of traditional notions of the scientific process. Do economists, for example, merely supply the answers which are demanded of them? Are our theories limited to explaining phenomena which are largely historical, without having much to offer in the way of elucidating unanticipated events? To take a specific example, should we expect that the degree of academic advocacy for central planning versus free market theories will depend not only on the underlying scientific rigour of the respective models, but also the observed performances of both types of economies, and perhaps even on the political preferences of the observer? The "calculation debate" provides a fascinating example of two competing theories which have purported to explain underlying economic processes and which, in turn, have made predictions about economic outcomes. We examine the relative frequency of citations to two different sets of seminal works: those in support of and those against central planning over a 40 year period as an index of academic support in the debate; we then investigate the sensitivity of the index to academic, political and economic influences. We find citation frequency is independent of these environmental influences. We also perform Granger-causality tests for citation patterns across different journal sets (ie., economics, non-economics, Top-20 economics journals, non-Top-20 economics journals) in an attempt to document intellectual influence between academic groups.
The Medium Term Outlook for Labour Demand: An Economy Wide Assessment
Creators: name: Meagher, G. A.
Publisher: name: Monash University
Year: 2017
Subjects: Uncategorized

description: This paper presents a detailed assessment of the medium term outlook for the demand for labour in Australia, Forecasts are reported for employment by industry, by occupation, by State and Territory, by hours worked and by skill level. The forecasts are driven, in the first instance, by a fully articulated view about the outlook for the macroeconomy. This macro view is then combined with projections for various industry specific variables prepared by relevant expert organisations. Coherence between the different sources is ensured by incorporating them in a single simulation using the MONASH model, a large applied general equilibrium model of the Australian economy. In deriving the forecasts, attention has been paid to the effect of technological and social change on the structure of the economy in recent years , and to the implications of that change for future labour demand. The paper deals particularly with technical change which affects the distribution of employment across occupations within industries, and the distribution across different categories of hours worked within occupations. Tables are included to illustrate how the forecasting system can be interrogated to reveal (i) the contributions of various industries to employment growth for a selected occupation, and (ii) the relative importance of output growth, capital growth and labour saving technical change to industry employment growth. The paper concludes with a review of some issues associated with making a proper assessment of the forecasts.
The J-Curve: Evidence from Fiji
Creators: name: Narayan, Paresh Kumar
name: Narayan, Seema
Publisher: name: Monash University
Year: 2017
Subjects: Uncategorized

description: This article provides new evidence on both long-run and short-run determinants of trade balance for Fiji and investigates evidence of J-curve adjustment behaviour in the aftermath of a devaluation. We adopt the partial reduced form model of Rose and Yellen (1989) which models the real trade balance directly as a function of the real exchange rate and real domestic and foreign incomes. Cointegration analysis is based on the recently developed Pesaran and Shin (1998) autoregressive distributed lag approach - shown to provide robust results in finite samples - not previously used in the balance-of-trade literature. The long-run elasticities are also estimated using the dynamic ordinary least squares approach of Stock and Watson (1993) and the Fully Modified Ordinary Least Squares (FM-OLS) of Phillips and Hansen (1990). The major results show that there is a long-run relationship between trade balance and its determinants. There is evidence of the J-curve pattern; growth in domestic income affects Fiji's trade balance adversely while foreign income improves it.
Integrated supply chain management: a comparison of experiences amongst Australian and Malaysian companies
Creators: name: Sohal, Amrik S.
name: Terziovski, Milé
name: Power, Damien
name: Ahmad, Adlina
Publisher: name: Monash University
Year: 2017
Subjects: Uncategorized

description: This paper presents the findings from the first phase of a two-phase project that examines integrated supply chain management (ISCM) in Australian and Malaysian businesses. Phase 1 in Australia involved detailed in-company research to document, in the form of case studies, how suppliers have adopted the supply chain management strategy and practices, the specific benefits achieved and the problems/challenges faced. In Malaysia, Phase 1 took the form of a focus group discussion session involving representatives from five organisations. Phase 2 of the project will involve a large questionnaire survey of organisations in both countries. This paper presents the key findings from Phase 1 of the project. For the Australian suppliers, the cases indicate that there are significant benefits derived when implementation has been strategic rather than reactive. These include 1) lead time and inventory reductions, 2) improved data accuracy and customer service, 3) better demand forecasting and revenue increases coupled with cost reductions. Limitations recorded included 1) an increased level of complication in despatching processes, 2) problems with system compatibility, 3) some added complications in marketing practices and 4) greater vulnerability to sudden changes in demand (ie through operating more streamlined systems. The Malaysian focus group discussion results identified Malaysian retailers to be lagging behind their Australian counterparts in the adoption of ISCM. Many MNCs operating in Malaysia are well ahead of their local counterparts in the implementation of the elements of ISCM. The current approach taken by Malaysian companies appears to be "Reactive" or "Tactical" with barcoding and some EDI being the main technologies being adopted. However, companies interviewed showed interest and enthusiasm to apply this technology in the future.
title: Burgen und Schlösser - Zeitschrift für Burgenforschung und Denkmalpflege, Bd. 38 Nr. 3 (1997): Burgen und Schlösser - Zeitschrift für Burgenforschung und Denkmalpflege
title: Burgen und Schlösser - Zeitschrift für Burgenforschung und Denkmalpflege
titleType: AlternativeTitle
Creators: name: Burgen Und Schlösser-Zeitschrift Für Burgenforschung Und Denkmalpflege
Publisher: name: Burgen und Schlösser - Zeitschrift für Burgenforschung und Denkmalpflege
Year: 2022

description: Zur Baugeschichte des Hauptturmes der Burg Trifels...163-171 Die Redaktion bittet um Mithilfe!...191 Winfried Korf, Walbeck...189-190 Werner Schiedermair (Hrsg.), 850 Jahre Leitheim...188-189 Mein Blauer Salon...187-188 Michael Petzet / Emil Bauer, Schloß Seehof...186-187 Ehemalige Adelssitze im Trubachtal...186 Jean Mesqui, Châteaux forts et fortifications en France...186 Philip Steele, Das große Buch der Burgen...185-186 Das Große Buch der Turniere. Alle 36 glanzvollen Ritterturniere des Mittelalters...185 Südwestdeutsche Beiträge zur historischen Bauforschung, Bd. 111/1996...184-185 Baudenkmale gefährdet – Baudenkmale gerettet...182-184 Baudenkmale gefährdet – Baudenkmale gerettet...182 Baudenkmale gefährdet – Baudenkmale gerettet...179-180 Baudenkmale gefährdet – Baudenkmale gerettet...178-179 Baudenkmale gefährdet – Baudenkmale gerettet...173-175 Baudenkmale gefährdet – Baudenkmale gerettet...173 Das vergessene Paradies. Galli Bibiena am Musenhof der Wilhelmine von Bayreuth...172 Das Beste wartet im Himmel - Deutsche Malerei der Dürerzeit und Renaissance...171 Bemerkungen zur Villa als herrschaftliche Bauaufgabe des venezianischen Adels vom 16. bis 18. Jahrhundert...138-147 Inhalt
Forecasting for inventory control with exponential smoothing
Creators: name: Snyder, Ralph D.
name: Koehler, Anne
name: Ord, Keith
Publisher: name: Monash University
Year: 2017
Subjects: Uncategorized

description: Exponential smoothing, often used for sales forecasting in inventory control, has always been rationalized in terms of statistical models that possess errors with constant variances. It is shown in this paper that exponential smoothing remains the appropriate approach under more general conditions where the variances are allowed to grow and contract with corresponding movements in the underlying level. The implications for estimation and prediction are explored. In particular the problem of finding the prediction distribution of aggregate lead-time demand for use in inventory control calculations is considered. It is found that unless a drift term is added to simple exponential smoothing, the prediction distribution is largely unaffected by the variance assumption. A method for establishing order-up-to levels and reorder levels directly from the simulated prediction distributions is also proposed.
An Analytical Framework for Financial Institutions Management
Creators: name: Crowley, Michael J.
name: Jeffs, Carol M.
Publisher: name: Monash University
Year: 2017
Subjects: Uncategorized

description: This paper develops an economic model to explain and predict the impact of change in financial markets on financial institutions. In particular, the changing relationship between the Reserve Bank of Australia and Australian Banks is examined along with the resulting impact of increased competition in finanancial intermediation on banks. Empirical financial data for the period 1984 to 1994 is presented in reduced form to fit the analytical model in both algebraic and geometric form.
Higher Order Control Loops as a Determinant of B2B E-commerce Performance: a Comparative Model from Australian Empirical Evidence
Creators: name: Power, Damien
Publisher: name: Monash University
Year: 2017
Subjects: Uncategorized

description: Much of the literature relating to the implementation and use of business to business (B2B) e-commerce technologies focuses on benefits, outcomes and the use of technology. The purpose of this paper is to test the relationship between the use of B2B related techniques and methodologies and firm performance in the context of a "systems" view of managerial cognitive processes. This view of the strategic logic development process proposes that organizations faced with rapidly changing environments use "higher order control loops" to enable rapid and effective adaptation. Sanchez and Heene propose three approaches in order to allow managers to interpret data that is often subject to causal ambiguity and long dynamic response times: Benchmarking; Challenging Cognitive Frameworks; and Environmental Scanning (Sanchez and Heene, 1997, Sanchez, 1997). It is hypothesised in this paper that these three elements, (as well as an additional factor capturing the involvement of organizational stakeholders), have a significant relationship with the performance of organisations using B2B e-commerce methods. A model is developedtesting the relative causal paths between these "higher order control loops" and firm performance, and a number of indicators of B2B adoption. The causal model developed, and the relationships tested, are derived from data collected from 335 Australian organizations involved in the use of B2B methods for the management of their supply chains. The results indicate that the use of "higher order control loops" are a significant determinant of performance related to B2B use and implementation, and that although B2B enablers such as technology investment, infrastructure investment and cooperative arrangements with suppliers and customers are significantly correlated with performance, they do not appear to determine it.
On the Political Economy of Income Taxation
Creators: name: Berliant, Marcus
name: Gouveia, Miguel
Publisher: name: Monash University
Year: 2017
Subjects: Uncategorized

description: The literatures dealing with voting, optimal income taxation, and implementation are integrated here to address the problem of voting over income taxes. In contrast with previous articles, general nonlinear income taxes that affect the labor-leisure decisions of consumers who work and vote are allowed. Uncertainty plays an important role in that the government does not know the true realizations of the abilities of consumers drawn from a known distribution. Even though the space of alternatives is infinite dimensional, conditions on tax requirements such that a majority rule equilibrium exists are found. Finally, conditions are found to assure existence of a majority rule equilibrium when agents vote over both a public good and income taxes to finance it.
The Role of Capacity Management in Strategic Manufacturing Decision Making
Creators: name: Orr, Stuart
Publisher: name: Monash University
Year: 2017
Subjects: Uncategorized

description: There has been little research focused on identifying the position and role of capacity management in strategic manufacturing decision making. This research presents the findings of a major investigation into the role of capacity management in the Australian wine industry. This industry was chosen because it has a major focus on growth which is putting substantial demands on its capacity management. The research found that advanced process technology is being used as part of a strategy for increasing capacity in this industry. Capacity management was identified as the third most important area of manufacturing process decision making, after plant and equipment and quality assurance. It was also found that supply dependability and product cost/price were the most important competitive priorities for wine production, after product quality. All three of these were found to be directly influenced by the level of capacity management. An ANOVA determined that there were 32 categories of wine producers for which there were significant differences in the importance of capacity management (P<0.05). The relative importance ranking of capacity management varied between the most and fourth most important out of the 23 decision areas identified for the 32 categories of wine producer identified. A factor analysis determined that capacity management is related to production planning and control, quality control and assurance and plant and equipment in terms of its strategic positioning in the manufacturing decision making process. All four were found to form part of the manufacturing decision making process, but were not part of the strategic business decision making process.
The Theory of Tariff Rate Quotas: An Application to the U.S. Sugar Program Using Monash-USA
Creators: name: Winston, Ashley
Publisher: name: Monash University
Year: 2017
Subjects: Uncategorized

description: MONASH-USA (also known as USAGE-ITC) is a detailed dynamic general equilibrium model of the U.S. developed by the Centre of Policy Studies in collaboration with the U.S. International Trade Commission. This paper reports on the theoretical developments completed for a project intended to (a) add detail to the industry and commodity classification of the relevant sectors and (b) create a detailed modelling structure for the U.S. trade and industry-support policies that affect these sectors. A secondary theme of the research is the development and application of methods for modelling complementarity relationships in a large-scale general equilibrium framework. Data issues and simulation results are discussed in a second paper.
Bayesian estimation of a stochastic volatility model using option and spot prices
Creators: name: Forbes, Catherine S.
name: Martin, Gael M.
name: Wright, Jill
Publisher: name: Monash University
Year: 2017
Subjects: Uncategorized

description: In this paper we apply Bayesian methods to estimate a stochastic volatility model using both the prices of the asset and the prices of options written on the asset. Implicit posterior densities for the parameters of the volatility model, for the latent volatilities and for the market price of volatility risk are produced. The method involves augmenting the data generating process associated with a panel of option prices with the probability density function describing the dynamics of the underlying bivariate spot price and volatility process. Posterior results are produced via a hybrid Markov Chain Monte Carlo sampling algorithm. Candidate draws which assume a given dynamic process for the volatility are re-weighted according to the information in both the option and spot price data. The method is illustrated using the Heston (1993) stochastic volatility model, based on data simulated to mimic the features of recent S&P500 spot and option price data. The way in which alternative option pricing models can be ranked, via Bayes Factors and via fit, predictive and hedging performance, is demonstrated.
Chronic disease and labour force participation in Australia: an endogenous multivariate probit analysis of clinical prevalence data
Creators: name: Harris, Anthony H.
Publisher: name: Monash University
Year: 2017
Subjects: Uncategorized

description: Reducing chronic disease has been identified as a priority for both health and labour force productivity improvement. The study estimated the influence of clinically diagnosed diabetes and cardiovascular disease on labour supply in men and women aged over 25 taking account of the observed and unobserved factors that influence both the risk of these chronic diseases and labour force participation. The results show that diabetes and cardiovascular disease together have a strong impact on labour market outcomes particularly for males, and that obesity, insufficient exercise, hypertension, lipid abnormality, smoking and parental diabetes all have a significant indirect effect on labour force participation.
Established foreign subsidiary attitudes to the environment: an Australian perspective
Creators: name: Kalfadellis, Paul
name: Gray, Judy
name: Freeman, Susan
Publisher: name: Monash University
Year: 2017
Subjects: Uncategorized

description: This article identifies the environmental factors that impact on established foreign subsidiaries operating in Australia. A survey of 356 foreign Multinational Enterprise (MNE) subsidiaries from North America, Europe and Japan operating in Australia revealed that infrastructure, agglomeration, investment location image, government support, input costs, government costs, safe environment and market size were the critical factors that impact on subsidiary attitudes to the environment in which they operate. Attitudes to the Australian environment revealed that the foreign MNE subsidiaries consider Australia to have a safe environment for investment. However MNEs subsidiaries had a negative attitude towards government costs and the degree of post investment government support being received. Discernable differences were evident in these attitudes among Japanese subsidiaries and those subsidiaries involved in manufacturing. The key considerations for Australian governments is to highlight the safe environment Australia offers, alleviate high taxes and bureaucratic hurdles for conducting business, and provide more government support post the initial investment.
Parametric Pricing of Higher Order Moments in S&p500 Options
Creators: name: Lim, G.C.
name: Martin, Gael M.
name: Martin, V.L.
Publisher: name: Monash University
Year: 2017
Subjects: Uncategorized

description: A general parametric framework is developed for pricing S&P500 options. Skewness and leptokurtosis in stock returns as well as time-varying volatility are priced. The parametric pricing model nests the Black-Scholes model and can explain volatility smiles and skews in stock options. The data consist of S&P500 options traded on select days in April, 1995, a total sample of over 500,000 observations. A number of performance criteria are used to evaluate the alternative models. The empirical results show that pricing higher order moments yield improvements in the pricing of options over the Black-Scholes model as well as other models.