Finance-led divergence in the regions of Italy

2005 ◽  
Vol 12 (1) ◽  
pp. 7-41 ◽  
Author(s):  
BRIAN A'HEARN

The article evaluates finance-led growth as an explanation for regional divergence in Italy over the years 1890–1910. Regional banking disparities are documented and the hypothesis developed that the financial crisis of the early 1890s struck the fledgling Southern Italian banking system at a vulnerable moment, distorting its subsequent development and handicapping the region's economy. The South is revealed to have been a chronically (over the entire period) and comprehensively (on every indicator) unhealthy environment for banks. Further evidence indicates that regional divergence in bank assets was largely due to the South's failure to develop the entire range of large banks. Size-class transition matrix analysis reveals that the typical Southern bank failed to reach a large size because it was born smaller (and less frequently) than in the North, suffered a higher mortality rate, especially in the smaller classes, and had lower growth probabilities, especially in the larger categories. The salience of deposits on the liability side and government securities on the asset side suggests that they reflected more than directly caused the development of their local economies.

2016 ◽  
Vol 5 (4) ◽  
pp. 91-98 ◽  
Author(s):  
Natalya Petrovna Salugina ◽  
Nina Leonidovna Morgunova ◽  
Mihail Aleksandrovich Turetskii

In the ceramic collection of Turganic settlement in the Orenburg region there is a group of bronze age pottery, which by its morphological and technological indicators stands out sharply from the main group of dishes. They are large size vessels with massive aureoles and distended body. The authors called these vessels hums. The aim of this study is to identify cultural-chronological position of the specified group of dishes in the system of the antiquities of the early - middle bronze age. Within this group the authors distinguish two types. The basis for type selection was the particular design of the upper part of the vessel. The first type is ceramics from Turganic settlement and the vessel from the burial mound Perevolotsky I. Morphological and technological features, and a series of radiocarbon dates has allowed to date these vessels to the time of the yamnaya culture formation in the Volga-Ural region (Repinsky stage). The authors suggest that the appearance of such vessels should be an imitation of the Maikop pottery. It could be penetration of small groups of craftsmen or the intensification of contacts with the population of the North Caucasus. The second type of pottery from Turganic settlement is similar to the burial mound Kardailovsky I (mound 1, burial 3) in Orenburg region, in the Northern pre-Caspian, region of the Samara river, Kuban and the Dnieper. Researchers have noted the scarcity and originality of this dish. The chronological and cultural position of such vessels is determined within the III Millennium BC (calibrated values).


Parasitology ◽  
1938 ◽  
Vol 30 (3) ◽  
pp. 333-338 ◽  
Author(s):  
R. J. Whittick

A Collection of ticks from British Somaliland recently sent to the British Museum (Natural History) contained specimens of a species of Ornithodoros unlike any in the national collection and (from the appearance of the integument) related to the North African species O. foleyi Parrot (from Algeria) and O. delanoëi Roubaud & Colas-Belcour (from Morocco). The late Prof. G. H. F. Nuttall presented to the Museum a specimen of O. foleyi, and the writer is indebted to Prof. E. Roubaud for comparing one of the present specimens with the type of O. delanoëi. Prof. Roubaud writes to say that, having examined the Somaliland specimen, he and M. Colas-Belcour are of the opinion that it belongs to the species O. delanoëi: and that the various details of structural difference do not warrant a specific distinction, but indicate that the present specimens may belong to a different biological or geographical race. The large size of these Somaliland ticks, the discovery of their larvae and their presence in a locality so widely separated from that of the type, are considered important enough to be placed on record, and the specimens are regarded as representing a subspecies of O. delanoëi


Author(s):  
Paulina Gebauer ◽  
Luis Giménez ◽  
Iván Hinojosa ◽  
Kurt Paschke

Settlement and metamorphosis are two crucial processes in organisms with a biphasic life cycle, forming the link between the pelagic larva and benthic juvenile-adult. In general, these processes occur during the final larval stage. Among crustaceans, settlement behavior and the cues that trigger settlement and metamorphosis have been studied in greater depth in barnacles than in decapods, likely a result of the former losing the ability to move after they join the benthic juvenile-adult population, undergoing metamorphosis. Both barnacles and decapods respond to different environmental cues associated with the adult habitat, such as substratum, biofilm, and the presence of conspecifics. In the absence of cues, larvae can delay their metamorphosis for a period of time. This ability to prolong the development can be advantageous because it increases the probability of settling in a suitable habitat. However, delayed metamorphosis has also associated costs (e.g., smaller size, lower growth rate, and higher mortality), which may be carried over to subsequent development stages, with consequences for recruitment.


Energies ◽  
2020 ◽  
Vol 13 (11) ◽  
pp. 3007
Author(s):  
Yongxin Liu ◽  
Peng Wang ◽  
Peng Luo

District heating networks (DHNs) are essential municipal infrastructure in the north of China. Obtaining accurate resistance characteristics is a critical step to improve the operating regulation level of DHNs. In this paper, pipe hydraulic resistances (PHRs) are introduced to express the resistance characteristics. A hydraulic model of a DHN can be established by using observed data of pressures and discharges. The boundary nodes are taken as observed sites. After establishing a matrix equation and analyzing the rank of its coefficient matrix, the authors propose a method to determine all the PHRs uniquely, by using a small number of observed sites and operating conditions. Furthermore, when observed errors are introduced, the adverse impact can be weakened by increasing the number of operating conditions and the accuracy of observed devices. When the observed error ranges are 1% and 0.5%, the results show that the average relative errors of identified PHRs are 2.4% and 1.1% respectively, which can be acceptable in engineering. Then, a loop DHN can be transformed into several branch DHNs, which are identified individually.


2013 ◽  
Vol 10 (11) ◽  
pp. 7481-7491 ◽  
Author(s):  
S. A. Pedersen ◽  
B. H. Hansen ◽  
D. Altin ◽  
A. J. Olsen

Abstract. The impact of medium-term exposure to CO2-acidified seawater on survival, growth and development was investigated in the North Atlantic copepod Calanus finmarchicus. Using a custom developed experimental system, fertilized eggs and subsequent development stages were exposed to normal seawater (390 ppm CO2) or one of three different levels of CO2-induced acidification (3300, 7300, 9700 ppm CO2). Following the 28-day exposure period, survival was found to be unaffected by exposure to 3300 ppm CO2, but significantly reduced at 7300 and 9700 ppm CO2. Also, the proportion of copepodite stages IV to VI observed in the different treatments was significantly affected in a manner that may indicate a CO2-induced retardation of the rate of ontogenetic development. Morphometric analysis revealed a significant increase in size (prosome length) and lipid storage volume in stage IV copepodites exposed to 3300 ppm CO2 and reduced size in stage III copepodites exposed to 7300 ppm CO2. Together, the findings indicate that a pCO2 level ≤2000 ppm (the highest CO2 level expected by the year 2300) will probably not directly affect survival in C. finmarchicus. Longer term experiments at more moderate CO2 levels are, however, necessary before the possibility that growth and development may be affected below 2000 ppm CO2 can be ruled out.


Zootaxa ◽  
2011 ◽  
Vol 2930 (1) ◽  
pp. 22 ◽  
Author(s):  
PAUL OLIVER ◽  
KELIOPAS KREY ◽  
MUMPUNI _ ◽  
STEPHEN RICHARDS

We describe a new species of Cyrtodactylus from lower montane forests on the Torricelli and Foja Mountain ranges of northern New Guinea. Cyrtodactylus boreoclivus sp. nov. can be distinguished from all other described Cyrtodactylus by the combination of moderately large size (SVL 104–109 mm), males with pores extending to the knee and arranged in independent precloacal and femoral series, transversely enlarged subcaudal scales, and dorsal pattern consisting of five to seven indistinct transverse dark bands. The known distribution of this species is similar to many other vertebrate taxa apparently restricted to isolated ranges within the North Papuan Mountains, and supports the biogeographic association of these poorly known upland areas.


2005 ◽  
Vol 71 (5) ◽  
pp. 2303-2309 ◽  
Author(s):  
Gerhard J. Herndl ◽  
Thomas Reinthaler ◽  
Eva Teira ◽  
Hendrik van Aken ◽  
Cornelius Veth ◽  
...  

ABSTRACT Fluorescence in situ hybridization (FISH) in combination with polynucleotide probes revealed that the two major groups of planktonic Archaea (Crenarchaeota and Euryarchaeota) exhibit a different distribution pattern in the water column of the Pacific subtropical gyre and in the Antarctic Circumpolar Current system. While Euryarchaeota were found to be more dominant in nearsurface waters, Crenarchaeota were relatively more abundant in the mesopelagic and bathypelagic waters. We determined the abundance of archaea in the mesopelagic and bathypelagic North Atlantic along a south-north transect of more than 4,000 km. Using an improved catalyzed reporter deposition-FISH (CARD-FISH) method and specific oligonucleotide probes, we found that archaea were consistently more abundant than bacteria below a 100-m depth. Combining microautoradiography with CARD-FISH revealed a high fraction of metabolically active cells in the deep ocean. Even at a 3,000-m depth, about 16% of the bacteria were taking up leucine. The percentage of Euryarchaeota and Crenarchaeaota taking up leucine did not follow a specific trend, with depths ranging from 6 to 35% and 3 to 18%, respectively. The fraction of Crenarchaeota taking up inorganic carbon increased with depth, while Euryarchaeota taking up inorganic carbon decreased from 200 m to 3,000 m in depth. The ability of archaea to take up inorganic carbon was used as a proxy to estimate archaeal cell production and to compare this archaeal production with total prokaryotic production measured via leucine incorporation. We estimate that archaeal production in the mesopelagic and bathypelagic North Atlantic contributes between 13 to 27% to the total prokaryotic production in the oxygen minimum layer and 41 to 84% in the Labrador Sea Water, declining to 10 to 20% in the North Atlantic Deep Water. Thus, planktonic archaea are actively growing in the dark ocean although at lower growth rates than bacteria and might play a significant role in the oceanic carbon cycle.


2003 ◽  
Vol 54 (8) ◽  
pp. 957 ◽  
Author(s):  
David A. Ebert ◽  
Paul D. Cowley

Analysis of stomach contents for Dasyatis chrysonota revealed that diet varied with size and habitat. The diet of all size classes in the surf zone was comprised primarily of Callianassa spp., Donax spp. and unidentified polychaete species. The medium and large size classes fed primarily on Donax spp., whereas the very large size class fed mainly on Callianassa spp. Polychaetes were of secondary importance as prey for the medium size class. The diet of D. chrysonota in the nearshore zone consisted mainly of Balanoglossus capensis and Callianassa spp. Balanoglossus capensis decreased from an index of relative importance (IRI) of 75.3% for the medium size class to 59.9% for the very large size class, whereas Callianassa spp. increased from 22.8% to 39.4% between the medium and the very large size classes. The offshore zone was the only area in which small size class D. chrysonota were caught. The diet of these small D. chrysonota was primarily polychaetes and amphipods. Polychaetes increased in importance in the medium size class, but declined in each successively larger size class. Conversely, Pterygosquilla armata capensis became the single most important prey item for the very large size class, comprising an IRI of 50.9%. The behaviour pattern used by D. chrysonota to locate and extract prey is described.


2006 ◽  
Vol 2 (S237) ◽  
pp. 421-421
Author(s):  
K. Hamaguchi ◽  
R. Petre ◽  

AbstractThe Carina Nebula possesses the brightest soft diffuse X-ray emission among the Galactic giant HII regions, but the origin has not been known yet. The XIS1 back-illuminated CCD camera onboard the Suzaku X-ray observatory has the best spectral resolution for extended soft sources so far, and is therefore capable of measuring these key emission lines in the soft diffuse plasma. Suzaku observed the Carina nebula on 2005 Aug. 29. The XIS1 spectra of the Carina nebula clearly showed spatial variations in emission line strengths. In the south, the spectrum showed strong L-shell lines of iron ions and K-shell lines of silicon ions, while in the north these lines were much weaker. Fitting the spectra with an absorbed thin-thermal plasma model with kT ~ 0.2, 0.6 keV and NH ~ −2 × 1021 cm−2 showed that the silicon and iron abundance is about 2–3 times higher in the south than in the north. Because of its large size (~40 pc), the diffuse emission in the Carina nebula might have been produced by an old supernova, or a super shell produced by multiple supernovae.


Subject Reasons behind the euro-area growth slowdown. Significance In its Winter 2019 interim forecasts, the European Commission downgraded its expectations for euro-area growth to 1.3% and 1.6% for 2019 and 2020, respectively, from 1.9% and 1.7% three months earlier. At its January meeting, the ECB Governing Council foreshadowed lower growth, shifting its risks assessment, saying that downside risks will dominate. Impacts The European Parliament elections could have a destabilising impact on growth in some countries. Monetary policy can do nothing to cushion the impact of lower growth caused by trade conflict. In case of recession, monetary policy stimulus will be constrained by the large size of the ECB balance sheet.


Sign in / Sign up

Export Citation Format

Share Document