In this paper we investigate the relationship between trade intensity and the business cycle correlation using a panel data set taken from 24 countries over the period 1959-2003. Most previous studies did not account for the possibility that the business cycle correlation may be influenced by...

Simulations of the National Renewable Energy Laboratory (NREL) phase VI wind turbine using dynamic overset grid technology are presented. The simulations are performed in an inertial frame of reference with the rotor consisting of the blades and hub. The geometries of the tower and nacelle are...

Path travel time reliability is an essential measure of the quality of service for transportation systems and an important attribute in travelers’ route and departure time scheduling. This paper investigates a fundamental problem of finding the most reliable path under different spatial...

With a particular emphasis on the end-to-end travel time prediction problem, this paper proposes an information-theoretic sensor location model that aims to minimize total travel time uncertainties from a set of point, point-to-point and probe sensors in a traffic network. Based on a Kalman...

Using a data-set published by the Universities and Colleges Admissions Service, patterns of demand and supply for higher education courses from 1996/97 to 1999/2000 are analysed. Most universities saw a fall in applications and enrolments following the introduction of tuition fees, although this...

This paper examines the influence of exchange rate variability on UK exports in the period of 'floating' sterling 1973Q2-1990Q3. Using the most recently developed bounds tests (appropriate when the cointegrating vector incorporates both I(1) or I(0) variables) the long-run demand for UK exports...

This article examines the impact of the level and volatility of the real exchange rate on UK foreign direct investment (FDI) inflows from the seven major countries of origin of the investment over the period 1975-2001. We use both fixed effects and dynamic generalized methods of moments (GMM)...

When is government expenditure likely to be procyclical? While economists tend to anticipate counter-cyclical expenditure, recent studies report procyclical expenditure. This paper explores the impact of political ideology on the cyclicality of government expenditure. Predictions are tested with...

Government expenditures are procyclical if they increase in periods of economic growth and decrease in periods of economic downturn. This paper tests the proposition that (within federations) political pressures for public expenditure increase the likelihood that expenditures and...

This paper draws on the literature that explains why governments spend procyclically, to predict the pattern of cyclical expenditure across government budgets. Procyclical expenditure increases at a faster rate than income in economic upturns and falls at a faster rate in recessions. The more...