A statistical methodology for assessing the long-term effects of antecedent drought conditions on stream runoff: applications to the Piedmont Province, southeastern United States

2010 ◽  
Vol 25 (6) ◽  
pp. 901-914 ◽  
Author(s):  
Seth Rose
2020 ◽  
Author(s):  
Joseph Matthews ◽  
Madhu Pandey

Propeller planes and small engine aircraft around the United States, legally utilize leaded aviation gasoline. The purpose of this experiment was to collect suspended particulate matter from a university campus, directly below an airport’s arriving flight path’s descent line, and to analyze lead content suspended in the air. Two collection sets of three separate samples were collected on six separate days, one set in July of 2018 and the second set in January 2019.


2020 ◽  
Vol 66 (6) ◽  
pp. 653-665
Author(s):  
Hector I Restrepo ◽  
Bin Mei ◽  
Bronson P Bullock

Abstract Timberland ownership has drastically changed in the United States since the 1980s, driven by the divestitures of vertically integrated forest products companies. Having sold their timberland, forest products companies have exposed themselves more to the risk of raw material supply. To hedge against this risk, forest products companies usually use long-term timber contracts (LTTC). The objective of this article is to update the valuation framework for LTTCs proposed by Shaffer (1984) by including alternative option price models and refining the estimates of some key economic variables. In particular, conditional volatility from the generalized autoregressive conditional heteroscedasticity model and quasi-conditional volatility from rolling estimation windows, in addition to simple standard deviation, are used for the volatility estimates in the option pricing models. Contrary to the previous result by Shaffer (1984), our analysis suggests that LTTCs that were once profitable for forest products companies in the 1980s are no longer so under current market conditions. This is primarily because both timber price volatility and the risk-free interest rates have declined significantly. Thus, to be better off, forest products companies need to either lower the administration and management costs of those LTTCs or rely more on the open market for timber procurement. Study Implications: Forest products companies have traditionally relied on long-term timber contracts (LTTC) negotiated with forest landowners to mitigate the risk of raw material supply. The value of these LTTCs highly depends on the economic context. This research provides some insights into the valuation of LTTCs in the southeastern United States. Forest products companies can use this updated framework to aid their decisionmaking in timber procurement.


2012 ◽  
Vol 13 (1) ◽  
pp. 45 ◽  
Author(s):  
Sarah M. Weeda ◽  
Norman L. Dart

Cylindrocladium pseudonaviculatum, the causal agent of box blight, has been shown to survive in soil for at least 5 years. The occurrence of microsclerotia in host tissue remains undocumented, making the mechanism for long term survival of this pathogen unclear. If the boxwood blight pathogen has indeed lost or never evolved the ability to produce microslerotia in tissues, one could infer that the pathogen is either less equipped for long term survival in soil than other Cylindrocladium species or the pathogen has evolved another mechanism to enable it to persist in soil. Based on these assumptions, we conducted a histological study to determine the potential role, if any, of microsclerotia in the lifecycle of C. pseudonaviculatum. Accepted for publication 17 February 2012. Published 3 April 2012.


2018 ◽  
Vol 84 (9) ◽  
pp. 559-568 ◽  
Author(s):  
Matthew P. Dannenberg ◽  
Conghe Song ◽  
Christopher R. Hakkenberg

Forests ◽  
2020 ◽  
Vol 11 (8) ◽  
pp. 799
Author(s):  
David Dickens ◽  
Lawrence Morris ◽  
David Clabo ◽  
Lee Ogden

Pine straw, the uppermost forest floor layer of undecayed, reddish-brown pine needles, is raked, baled, and sold as a landscaping mulch throughout the southeastern United States. Loblolly (Pinus taeda, L.), longleaf (P. palustris, Mill.), and slash (P. elliottii Engelm. var. elliottii) pine are the three southern pine species commonly raked for pine straw. The value of pine straw as a forest product is large. Private landowner pine straw revenues have steadily increased throughout the southeastern United States over the past two decades and now total more than USD 200 million. Information is limited on the short- or long-term effects of pine straw removal on foliage production or stand growth in southern pine stands. Results from most published studies suggest that annual pine straw raking without fertilization on non-old-field sites reduces straw yields compared to no raking. Old-field sites often do not benefit from fertilization with increased pine straw or wood volume yields. Though fertilization may be beneficial for pine straw production on some sites, understory vegetation presence and disease prevalence may increase following fertilization. This review addresses pine straw removal effects on pine straw production and stand growth parameters based on recent studies and provides fertilization recommendations to maintain or improve pine straw production and stand growth and yield.


1984 ◽  
Vol 15 (4) ◽  
pp. 229-231
Author(s):  
N. Bhana

Acquiring companies prefer growth through acquisitions and mergers rather than growth by direct investment in manufacturing resources. A justification for the large number of take-overs is the belief that abnormal gains are to be obtained so. There is substantial empirical evidence showing this untrue. Take-overs contribute immediate short-term gains, and are preferred to internal expansion where the benefits accrue over the long-term. Managers are usually evaluated on short-term performance criteria and therefore they have a bias for take-overs. Several investigators have studied the decline of the United States economy and the corresponding rise of Japan as industrial leader. The unrestrained take-over activity has been the chief reason for the decline of many industries in the United States. Acquiring companies have contributed to their own downfall by not investing sufficiently in up-to-date manufacturing resources. Take-overs lead to economic decline caused by lower productivity of acquired resources. South African companies are showing a strong preference for growth through take-overs. With the take-over process many local industries have come under the control of a few large conglomerates. South African acquiring companies could benefit by following the Japanese example of direct investments in technologically up-to-date manufacturing resources. More direct investment in manufacturing resources will lead to a more vigorous free-enterprise system and will raise the productivity of local industries. A more stringent Competition Act is necessary if South Africa is to avoid the harm to the economy caused by unrestrained take-over activity.


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