A Panel Test of Purchasing Power Parity Under the Null of Stationarity

Purchasing Power Parity (PPP) is tested using a sample of real exchange rate data for twelve European countries. Acknowledging that Augmented Dickey Fuller tests have low power, we apply a Panel test that considers the null of stationarity and corrects for serial dependence using a non-parametric kernel based method

Ontological aspects of the Casimir Effect

The role of the vacuum, in the Casimir Effect, is a matter of some dispute: the Casimir force has been variously described as a phenomenon resulting "from the alteration, by the boundaries, of the zero-point electromagnetic energy", or a "Van der Waals force between the metal plates" that can be "computed without reference to zero point energies". Neither of these descriptions are grounded in a consistently quantum mechanical treatment of matter interacting with the electromagnetic field. However, the Casimir Effect has been canonically described within the framework of macroscopic quantum electrodynamics. On this account, the force is seen to arise due to the coupling of fluctuating currents to the zero-point radiation, and it is in this restricted sense that the phenomenon requires the existence of zero-point fields. The conflicting descriptions of the Casimir Effect, on the other hand, appear to arise from inadequate ontologies in which an unwarranted metaphysical priority is assigned either to the matter or the fields. Such ontological errors may have a direct bearing on the problem of the cosmological constant and the correct prediction of the Casimir force in a state of thermal equilibrium.Comment: 6 page

Radiator deployment actuator Patent

Hydraulic actuator design for space deployment of heat radiator

Space environmental work simulator Patent

Space environmental work simulator with portions of space suit mounted to vacuum chamber wal

Monitoring and Analysis of Frozen Debris Lobes, Phase I

INE/AUTC 12.2

Cork-resin ablative insulation for complex surfaces and method for applying the same

A method of applying cork-resin ablative insulation material to complex curved surfaces is disclosed. The material is prepared by mixing finely divided cork with a B-stage curable thermosetting resin, forming the resulting mixture into a block, B-stage curing the resin-containing block, and slicing the block into sheets. The B-stage cured sheet is shaped to conform to the surface being insulated, and further curing is then performed. Curing of the resins only to B-stage before shaping enables application of sheet material to complex curved surfaces and avoids limitations and disadvantages presented in handling of fully cured sheet material

Marketing in SMEs: a '4Ps' self-branding model

Purpose – The purpose of this paper is to explore the extent to which traditional marketing theory and practice can be applied in small- and medium-sized enterprises (SMEs) and consider how owner-managers perceive their own role in marketing within a small business setting. Design/methodology/approach – A qualitative exploratory approach using semi-structured in-depth interviews amongst owner-managers of SMEs in the UK. Findings – SME marketing is effective in that it embraces some relevant concepts of traditional marketing, tailors activities to match its customers and adds its own unique attribute of self-branding as bestowed by the SME owner-manager. Research limitations/implications – The study was limited to the UK and to a small sample of SMEs and as such the findings are not necessarily generalisable. Originality/value – A “4Ps” model for SME self-branding is proposed, which encompasses the attributes of personal branding, (co)production, perseverance and practice

Full load shop testing of 18,000-hp gas turbine driven centrifugal compressor for offshore platform service: Evaluation of rotor dynamics performance

The results for in-plant full load testing of a 13.4 MW (18000 HP) gas turbine driven centrifugal compressor are presented and compared to analytical predictions of compressor rotor stability. Unique problems from both oil seals and labyrinth gas seals were encountered during the testing. The successful resolution of these problems are summarized