Search results for "trade"
showing 10 items of 1475 documents
How the country-of-origin impacts wine traders’ mental representation about wines: A study in a world wine trade fair
2020
Using data collected at a world wine trade fair, we study how the country-of-origin impacts wine traders’ mental representation about wines. In the analysis we use traditional exporters in Old (France) and New (Argentina) world wine countries in comparison to non-traditional exporters in Old (Switzerland) and New (Brazil) world wine countries. Three main findings are reported. First, the country-of-origin of wines was more important on guiding participants’ representations, than the category of countries the traders came from. Second, participants’ evocations were more precise and specific for traditional wine-exporting countries than for less traditional wine exporting countries. Finally, …
Cross-autocorrelations in European stock returns
2016
This paper examines lead-lag relationships between monthly index returns from 18 European industries. Several interesting and clear relationships are found that call into question the efficiency of European stock markets. While the Automobiles & Parts sector lags more than half of the other sectors, the Financial Services, Technology, and Telecommunications sectors lead many others. In particular, the leadership of the Technology sector has strengthened in recent years.
Trade, financial openness and dual banking economies: Evidence from GCC Region
2021
Abstract The recent wave of liberalization in Gulf Cooperation Council (GCC) countries has opened up a debate on the role of Islamic finance in the financial development of an economy. Using a comprehensive dataset of 43 Islamic and 49 conventional banks for the period 2007–2015, in this paper, we investigate the impact of trade and financial openness on financial development in the GCC region. We find that trade and financial openness have a positive effect on the profitability of both banking systems, while the interaction term of openness is negative for the profitability of Islamic banks. Moreover, trade and financial openness affect Islamic banks differently than conventional banks. No…
Developing a framework for using structure-from-motion techniques for road distress applications
2020
On Urban road networks, road agencies need to quickly identify road pavement distresses in order to identify appropriate maintenance and rehabilitation strategies. This is integral as agencies are plagued with financial and time constraint issues. There have been several attempts over the last few years to identify new solutions and techniques to solve these issues. Several of these have shown merit and accuracy in identifying distresses. However, the techniques in many instances are not correlated to available distress identification standards. One of the considered techniques is the use of Structure-from-Motion, which tries to recreate 3D distress models for identification and analysis. T…
The potential impact of Brexit on Ireland's demand for shipping services to continental Europe
2018
Abstract Ireland, as an island nation, has historically relied on the UK landbridge to export and import its goods to and from Europe. This provides a fast, reliable and secure service along the UK landbridge route relative to the more economical and less frequent direct continental route. However, the relative competitiveness of maritime services along both routes may be significantly influenced by the UK exit from the European Union or Brexit. This paper aims to understand the potential impact of Brexit on maritime freight transport demand from Ireland to continental Europe for export trade shipments. Based on data collected from an efficient stated preference (SP) experiment, discrete ch…
How is the Driver's Workload Influenced by the Road Environment?
2017
Abstract This paper focuses on the study of the driver's workload while driving on a rural two-lane road with different traffic flows. The aim of the research is to examine a parameter that could be representative of the driving effort, quite sensible to the external factors that cause disturbance to the regular driving activity. To solve this problem, the authors used a specific instrumented vehicle for monitoring some physiological parameters of the driver (as the eye movements and the Galvanic Skin Resistance), referring their values to the road context. The results are very interesting and confirm that knowing the workload is useful to improve the road safety only if it is related to th…
Are we correctly measuring the rotational viscosity of heterogeneous bituminous binders?
2020
Modified bituminous binders allow asphalt technologists to design asphalt mixtures with superior performance. However, several recent studies highlighted that due to the complexity of these material, their characterisation can be challenging since common procedures used to characterise neat bitumen might not be adequate. For instance, during high temperature rotational viscosity testing of recycled tyre rubber modified binders (RTR-MB), a number of changes may occur to the sample leading to the here-defined sample stability which in turn provides misleading results. In this study the authors want to first provide a deeper understanding of this phenomenon by a numerical analysis using a besp…
Reclaimed asphalt binders and mortars fatigue behaviour
2017
Fatigue cracking is one of the most important failure mechanisms occurring in asphalt pavements, especially when mixtures incorporate considerable amount of rReclaimed asphalt pavement (RAP). In fact, aged binders contained in RAP generally make asphalt more brittle and specifically reduce fatigue resistance of the resulting asphalt mixtures. Binders and mortars play a key role in this phenomenon, considering fatigue cracking usually starts within these asphalt components. However, performance-related tests and specifications commonly regard binders and there are no sound methodologies allowing the use of mortars to predicting fatigue performance of asphalts containing RAP. For this reason,…
Microstructure and shear strength evolution of a lime-treated clay for use in road construction
2020
The results of a comprehensive experimental programme are presented for assessing the long-term microstructural modifications and evaluating the effects of microstructural rearrangement on the stress–strain behaviour of a lime-treated high-plasticity clay for road embankments. The stress–strain behaviour at different lime content and curing time was investigated by means of direct shear tests; microstructural analyses were carried out combining Scanning Electron Microscope observations and Mercury Intrusion Porosimetry tests. The results show that the stress–strain behaviour of treated clay is strongly dilatant with a high peak of strength, which increases with time and lime content. Furthe…
Gap-accepteance parameters for roundabouts: a systematic review
2015
Purpose The critical and follow-up headways are the two gap-acceptance parameters which explain the traffic interaction of a minor street vehicle when enters the roundabout, merging into or crossing one or more circulating (major) streams.Severalstudiesandresearchesprovidemeasurements of critical and follow-up headways from real data at roundabouts. The objective of our research is to synthesize the data from the series of selected studies to interpret variation across the studies. Methods In order to match the research goal, a systematic literaturereviewonestimationsofcriticalandfollow-upheadways at roundabouts was undertaken. Since several studies andresearchesdevelopedworldwidewereexamin…