Offshoring, Relocation and the Speed of Convergence: Convergence in the Enlarged European Union

Economic convergence of the new member states (NMS) of the EU towards the old EU countries (EU-15), not only in terms of real income, but also in nominal terms, is of paramount importance for the whole of the EU. We build a dynamic CGE model, starting from the Balassa-Samuelson two-sector framework, but modify and enlarge it with forward-looking investment, consumption, and labour mobility behaviour to address several other issues like welfare and sustainability in terms of foreign indebtedness. At the same time we evaluate the impact of convergence on the EU-15 countries also, by endogenising offshoring and the related FDI flows from them to the NMS. Thereby we identify various effects of relocation and globalisation on the EU-15 enlarging the standard set of effects of globalisation and demonstrate the key role of their dynamic nature in the process of convergence. We find that in a general equilibrium setting fears of large adverse effects of a relocation of EU-15 manufacturing to the NMS are not well founded. In contrast, offshoring appears to be a win-win case for both the EU-15 and the NMS in terms of real income. The convergence of the NMS is fairly rapid, but will involve a persistent rapid inflation rate.convergence, relocation, new member states, EU-15

Offshoring, relocation and the speed of convergence in the enlarged European Union

Economic convergence of the new member states (NMS) of the EU towards the old EU countries (EU-15), not only in terms of real income, but also in nominal terms, is of paramount importance for the whole of the EU. We build a dynamic CGE model, starting from the Balassa-Samuelson two-sector framework, but modify and enlarge it with forward-looking investment, consumption, and labour mobility behaviour to address several other issues like welfare and sustainability in terms of foreign indebtedness. At the same time we evaluate the impact of convergence on the EU-15 countries also, by endogenising offshoring and the related FDI flows from them to the NMS. Thereby we identify various effects of relocation and globalisation on the EU-15 enlarging the standard set of effects of globalisation and demonstrate the key role of their dynamic nature in the process of convergence. We find that in a general equilibrium setting fears of large adverse effects of a relocation of EU-15 manufacturing to the NMS are not well founded. In contrast, offshoring appears to be a win-win case for both the EU-15 and the NMS in terms of real income. The convergence of the NMS is fairly rapid, but will involve a persistent rapid inflation rate

Fire resistance of bearing walls in light steel frame (LSF) structures including various insulation filler materials by finite element method

Using prefabricated structure in lightweight construction is the new method in both industry and civil engineering. Lightweight Steel Frame (LSF) becomes more valuable in the construction industry due to low cost, low weight, high speed of installation and resistance to environmental conditions. Cold-rolled form lightweight load-bearing wall is consisting of a thin sheet of steel with C-shaped sections (STUD), thermal insulation filler and cover sheets (Plaster Board). However, regardless of existing plasterboard protection the thin-walled steel sections heat up quickly and lose their strength under fire conditions. The main goal of the current study is an evaluation of thermal capacity and bearing strength of lightweight walls in terms of cellulosic fire condition analytically. The variable parameters are insulation filler materials (polystyrene, polystyrene concrete) and axial load. The Abaqus finite element software was used for modeling and analyzing of fire loads. Lightweight concrete fillers increase the axial bearing capacity of walls sustainably and polystyrene filler improved the fire resistance of walls

Increased mortality in cartilage-hair hypoplasia

BACKGROUND—Cartilage-hair hypoplasia (CHH) is an autosomal recessive chondrodysplasia with severe growth failure and impaired immunity. Impaired immunity may result in increased mortality.
AIMS—To follow a cohort of 120 CHH patients for mortality from 1971 to 1995.
METHODS—The overall and cause specific disease mortality rates in patients with CHH, and the disease mortality rate in 194 parents and 158 non-affected sibs were compared with the national rates.
RESULTS—During follow up seven disease related deaths were observed versus 0.8 expected (standardised mortality ratio 9.3, 95% confidence interval 3.7 to 19). In most cases, the deaths were confined to the younger age groups and associated with defective immunity. The mortality of the parents and the non-affected sibs was similar to that in the general population.
CONCLUSION—The study confirms increased mortality in patients with CHH attributable to defective immunity, especially in children.