scholarly journals On the relationship of gold, crude oil, stocks with financial stress: A causality-in-quantiles approach

2018 ◽  
Vol 27 ◽  
pp. 169-174 ◽  
Author(s):  
Debojyoti Das ◽  
Surya Bhushan Kumar ◽  
Aviral Kumar Tiwari ◽  
Muhammad Shahbaz ◽  
Haslifah M. Hasim

This study is majorly concentrated on the various agricultural subsectors in Nigeria, how the subsectors has influenced the economic growth of Nigeria using econometric procedure to estimate the parameters of the model, and also the various shortcomings encountered by the agricultural subsectors in Nigeria and possible solutions. It also emphasize on the sector that has been abandoned, whereas, the growing recognition is directed toward the major resources (crude oil) which generated diminishing returns in agriculture contributions in regards to the economic growth in Nigeria. Moreover, the paper emphasized on the relationship of agricultural sub-sectors with Gross Domestic Product (GDP) which the sub-sectors entails crop production, fishery, livestock and forestry. The Intention of this research presents the conclusion that the agricultural part is a concrete sector of the economy and cannot be underrated or trivialized seeing that agricultural sector output is important to economic activities in Nigeria. Therefore, the general growth of the country’s economy depends on the progress of agriculture. If there’s availability of credit facility to the agricultural sector, it will enhance the boosting of the country’s GDP and thereby causing growth in the economy. An additional objective of this paper attempts to carry maximum value for public officials and legislators


2018 ◽  
Vol 3 (3) ◽  
pp. 288-302
Author(s):  
János Szenderák

The aim of this article is to compare the clusters formed by the correlation distances between the agricultural and the energy commodity price returns in different periods of time. The energy and agricultural markets have become more interlinked in the past ten years, which can be attributed partly to the increased usage of biofuels. According to the results of this research, after the global financial and economic crisis of 2008/09, the relationship has become tighter between the agricultural commodity prices and the price of the crude oil. Based on the hierarchical clustering, the relationship between crude oil and sugar, and especially between crude oil and vegetable oils has become stronger. These results support the hypothesis of a more interconnected agricultural and energy market after 2013. Furthermore, the emerged relationship of crude oil with the vegetable oils may indicate the connecting role of biofuels, since biofuels require agricultural input materials, partly vegetable oils. However, the role of biofuels in the present analysis requires further researches.


1977 ◽  
Vol 1977 (1) ◽  
pp. 493-494 ◽  
Author(s):  
D. G. Shaw ◽  
A. J. Paul ◽  
E. R. Smith

ABSTRACT The responses of the bivalve mollusk Macoma balthica to crude oil have been studied under laboratory conditions designed to simulate the stranding of oil on intertidal sediments in which this animal resides. The relationship of dry tissue weight to shell length, an indirect indicator of general health and fitness, was not significantly altered by exposure to oil at a level which did result in significant mortalities. This suggests that death is caused by a metabolically specific mode of poisoning rather than by a general weakening of the animal. In a second experiment, animals were subjected to two temporarily separated oiling events. Neither in mortalities nor in gas chromatographic analysis of tissues for hydrocarbons were cumulative effects observed. It was also found that a previously-reported tendency of M. balthica to burrow to the sediment surface in the presence of oil increases with decreasing depth of available sediment. We suggest that this behavior may be used as a convenient indicator of oil pollution.


2013 ◽  
Vol 706-708 ◽  
pp. 297-300
Author(s):  
Li Ping Guo ◽  
Mo Xiao Liu ◽  
Gui Ying Xu

Yield-thixotropy is an important time dependent rheological behavior of gelled waxy crude oil. In order to study the yield-thixotropic behavior of gelled waxy crude oil under cyclic shearing of linear increasing and decreasing of shear rate, four different types of waxy crude oil were studied experimentally by using RS150H rheometer. It is found that because the recovery rate of wax crystal structure is slow, study should be focus on the first loop. At a certain temperature, the hysteresis loop moves away from the share rate axis and the area of the loop becomes larger with increased rate of share rate sweep; and vice versa, the loop moves toward the share rate axis and the area of the loop becomes smaller with decreased rate of share rate sweep. And the yield stress is also reduced and the yielding time increased with decreased rate of share rate sweep. In addition, based on the experimental results an empirical correlation is developed to describe the relationship of yielding time and rate of share rate sweep.


Paleobiology ◽  
1980 ◽  
Vol 6 (02) ◽  
pp. 146-160 ◽  
Author(s):  
William A. Oliver

The Mesozoic-Cenozoic coral Order Scleractinia has been suggested to have originated or evolved (1) by direct descent from the Paleozoic Order Rugosa or (2) by the development of a skeleton in members of one of the anemone groups that probably have existed throughout Phanerozoic time. In spite of much work on the subject, advocates of the direct descent hypothesis have failed to find convincing evidence of this relationship. Critical points are:(1) Rugosan septal insertion is serial; Scleractinian insertion is cyclic; no intermediate stages have been demonstrated. Apparent intermediates are Scleractinia having bilateral cyclic insertion or teratological Rugosa.(2) There is convincing evidence that the skeletons of many Rugosa were calcitic and none are known to be or to have been aragonitic. In contrast, the skeletons of all living Scleractinia are aragonitic and there is evidence that fossil Scleractinia were aragonitic also. The mineralogic difference is almost certainly due to intrinsic biologic factors.(3) No early Triassic corals of either group are known. This fact is not compelling (by itself) but is important in connection with points 1 and 2, because, given direct descent, both changes took place during this only stage in the history of the two groups in which there are no known corals.


Author(s):  
D. F. Blake ◽  
L. F. Allard ◽  
D. R. Peacor

Echinodermata is a phylum of marine invertebrates which has been extant since Cambrian time (c.a. 500 m.y. before the present). Modern examples of echinoderms include sea urchins, sea stars, and sea lilies (crinoids). The endoskeletons of echinoderms are composed of plates or ossicles (Fig. 1) which are with few exceptions, porous, single crystals of high-magnesian calcite. Despite their single crystal nature, fracture surfaces do not exhibit the near-perfect {10.4} cleavage characteristic of inorganic calcite. This paradoxical mix of biogenic and inorganic features has prompted much recent work on echinoderm skeletal crystallography. Furthermore, fossil echinoderm hard parts comprise a volumetrically significant portion of some marine limestones sequences. The ultrastructural and microchemical characterization of modern skeletal material should lend insight into: 1). The nature of the biogenic processes involved, for example, the relationship of Mg heterogeneity to morphological and structural features in modern echinoderm material, and 2). The nature of the diagenetic changes undergone by their ancient, fossilized counterparts. In this study, high resolution TEM (HRTEM), high voltage TEM (HVTEM), and STEM microanalysis are used to characterize tha ultrastructural and microchemical composition of skeletal elements of the modern crinoid Neocrinus blakei.


Author(s):  
Leon Dmochowski

Electron microscopy has proved to be an invaluable discipline in studies on the relationship of viruses to the origin of leukemia, sarcoma, and other types of tumors in animals and man. The successful cell-free transmission of leukemia and sarcoma in mice, rats, hamsters, and cats, interpreted as due to a virus or viruses, was proved to be due to a virus on the basis of electron microscope studies. These studies demonstrated that all the types of neoplasia in animals of the species examined are produced by a virus of certain characteristic morphological properties similar, if not identical, in the mode of development in all types of neoplasia in animals, as shown in Fig. 1.


Author(s):  
J.R. Pfeiffer ◽  
J.C. Seagrave ◽  
C. Wofsy ◽  
J.M. Oliver

In RBL-2H3 rat leukemic mast cells, crosslinking IgE-receptor complexes with anti-IgE antibody leads to degranulation. Receptor crosslinking also stimulates the redistribution of receptors on the cell surface, a process that can be observed by labeling the anti-IgE with 15 nm protein A-gold particles as described in Stump et al. (1989), followed by back-scattered electron imaging (BEI) in the scanning electron microscope. We report that anti-IgE binding stimulates the redistribution of IgE-receptor complexes at 37“C from a dispersed topography (singlets and doublets; S/D) to distributions dominated sequentially by short chains, small clusters and large aggregates of crosslinked receptors. These patterns can be observed (Figure 1), quantified (Figure 2) and analyzed statistically. Cells incubated with 1 μg/ml anti-IgE, a concentration that stimulates maximum net secretion, redistribute receptors as far as chains and small clusters during a 15 min incubation period. At 3 and 10 μg/ml anti-IgE, net secretion is reduced and the majority of receptors redistribute rapidly into clusters and large aggregates.


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