Dynamics of capital inflows, competitiveness and capital market performance

近年来，资本跨境流动的重要性日益凸显。由于能够带来效益，发展中国家都试图吸引更多资本流入。但是，资本流入也存在潜在的成本，而这些成本常常被忽视了。本文研究表明资本流入有可能弱化对外竞争力。同时，被弱化的竞争力与资本流入相互作用会对资本市场产生不利影响。本文使用22个发展中国家1980年到2014年的样本，利用长期实际均衡汇率模型（longrunrealequilibriumexchangeratemodel），通过计算混合组均值（PMG）来估计不同类型的资本流入——外商直接投资、证券投资、国外收益和国外援助如何影响竞争力。由此，我们计算出竞争力的度量指标，并用其评估竞争力如何与资本流入相互作用...Cross border capital flows have become increasing important over the years. Developing nations try to attract more inflows mainly due to its benefits. However, capital inflows also have potential costs which are often overlooked. This study contends that capital inflows have the tendency of weakening external competitiveness. Also, weaker competitiveness could affect the capital market adversely, ...学位：理学硕士院系专业：王亚南经济研究院_金融工程学号：2772014115461

Product design-Process selection-Process planning Integration based on Modelling and Simulation

As a solution for traditional design process having many drawbacks in the manufacturing process, the integration of Product design-Process selection-Process planning is carried out in the early design phase. The technological, economic, and logistic parameters are taken into account simultaneously as well as manufacturing constraints being integrated into the product design. As a consequence, the most feasible alternative with regard to the product’s detailed design is extracted satisfying the product’s functional requirements. Subsequently, a couple of conceptual process plans are proposed relied on manufacturing processes being preliminarily selected in the conceptual design phase. Virtual manufacturing is employed under CAM software to simulate fabrication process of the potential process plans. Ultimately, the most suitable process plan for fabricating the part is recommended based upon a multi-criteria analysis as a resolution for decision making

A low-frequency chip-scale optomechanical oscillator with 58 kHz mechanical stiffening and more than 100th-order stable harmonics.

For the sensitive high-resolution force- and field-sensing applications, the large-mass microelectromechanical system (MEMS) and optomechanical cavity have been proposed to realize the sub-aN/Hz1/2 resolution levels. In view of the optomechanical cavity-based force- and field-sensors, the optomechanical coupling is the key parameter for achieving high sensitivity and resolution. Here we demonstrate a chip-scale optomechanical cavity with large mass which operates at ≈77.7 kHz fundamental mode and intrinsically exhibiting large optomechanical coupling of 44 GHz/nm or more, for both optical resonance modes. The mechanical stiffening range of ≈58 kHz and a more than 100th-order harmonics are obtained, with which the free-running frequency instability is lower than 10-6 at 100 ms integration time. Such results can be applied to further improve the sensing performance of the optomechanical inspired chip-scale sensors

Estimates of genetic and phenotypic parameters for dairy traits in Friesian-Bunaji crossbreds

Genetic and phenotypic parameters for dairy traits were computed using data on Friesian-Bunaji crossbred cows collected over a twenty-three year period (1967-1989) from the dairy herd of the National Animal Production Research Institute Shika, Zaria, Nigeria. Estimated repeatabilities computed from variance components were 0.72 ± 0.06,0.60 ± 0.10,0.73 ± 0.02,0.53 ± 0.24 and 0.56 ± 0.18 for total lactation yield, lactation length, 305-day yield, calving interval and dry period, respectively. Heritability estimates were 0.44 ± 0.07,0.52 ± 0.12,0.30 ± 0.13,0.18 ± 0.02,0.26 ± 0.08 and 0.27 ± 0.10 for total lactation yield, lactation length, 305-day yield, calving interval, dry period and age at first calving,respectively. Genetic and phenotypic correlation coefficients between traits were medium to high, ranging from 0.30 to 0.95. The results of this study showed that the genetic response to selection in Friesian-Bunaji crosses for total lactation yield, 305-day yield and lactation length could be moderately high since the proportion of additive genetic variance was fairly high. Improvement programmes for age at first calving, calving interval and dry period should focus mostly on management, given their low heritability estimates

Tropical and mid-latitude teleconnections interacting with the Indian summer monsoon rainfall: a theory-guided causal effect network approach

The alternation of active and break phases in Indian summer monsoon (ISM) rainfall at intraseasonal timescales characterizes each ISM season. Both tropical and mid-latitude drivers influence this intraseasonal ISM variability. The circumglobal teleconnection observed in boreal summer drives intraseasonal variability across the mid-latitudes, and a two-way interaction between the ISM and the circumglobal teleconnection pattern has been hypothesized. We use causal discovery algorithms to test the ISM circumglobal teleconnection hypothesis in a causal framework. A robust causal link from the circumglobal teleconnection pattern and the North Atlantic region to ISM rainfall is identified, and we estimate the normalized causal effect (CE) of this link to be about 0.2 (a 1 standard deviation shift in the circumglobal teleconnection causes a 0.2 standard deviation shift in the ISM rainfall 1 week later). The ISM rainfall feeds back on the circumglobal teleconnection pattern, however weakly. Moreover, we identify a negative feedback between strong updraft located over India and the Bay of Bengal and the ISM rainfall acting at a biweekly timescale, with enhanced ISM rainfall following strong updraft by 1 week. This mechanism is possibly related to the boreal summer intraseasonal oscillation. The updraft has the strongest CE of 0.5, while the Madden–Julian oscillation variability has a CE of 0.2–0.3. Our results show that most of the ISM variability on weekly timescales comes from these tropical drivers, though the mid-latitude teleconnection also exerts a substantial influence. Identifying these local and remote drivers paves the way for improved subseasonal forecasts

Near-infrared Hong-Ou-Mandel interference on a silicon quantum photonic circuit

Near-infrared Hong-Ou-Mandel quantum interference is observed in silicon nanophotonic directional couplers with raw visibilities on-chip at 90.5%. Spectrally-bright 1557-nm two-photon states are generated in a periodically-poled KTiOPO4 waveguide chip, serving as the entangled photon source and pumped with a self-injection locked laser, for the photon statistical measurements. Efficient four-port coupling in the communications C-band and in the high-index-contrast silicon photonics platform is demonstrated, with matching theoretical predictions of the quantum interference visibility. Constituents for the residual quantum visibility imperfection are examined, supported with theoretical analysis of the sequentially-triggered multipair biphoton contribution and techniques for visibility compensation, towards scalable high-bitrate quantum information processing and communications.Comment: 15 pages, 6 figure