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19,458
result(s) for
"input and output"
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THE NETWORK ORIGINS OF AGGREGATE FLUCTUATIONS
by
Ozdaglar, Asuman
,
Acemoglu, Daron
,
Tahbaz-Salehi, Alireza
in
Aggregate analysis
,
Aggregate economy
,
aggregate volatility
2012
This paper argues that, in the presence of intersectoral input—output linkages, microeconomic idiosyncratic shocks may lead to aggregate fluctuations. We show that, as the economy becomes more disaggregated, the rate at which aggregate volatility decays is determined by the structure of the network capturing such linkages. Our main results provide a characterization of this relationship in terms of the importance of different sectors as suppliers to their immediate customers, as well as their role as indirect suppliers to chains of downstream sectors. Such higher-order interconnections capture the possibility of \"cascade effects\" whereby productivity shocks to a sector propagate not only to its immediate downstream customers, but also to the rest of the economy. Our results highlight that sizable aggregate volatility is obtained from sectoral idiosyncratic shocks only if there exists significant asymmetry in the roles that sectors play as suppliers to others, and that the \"sparseness\" of the input—output matrix is unrelated to the nature of aggregate fluctuations.
Journal Article
Robot Operating System (ROS) for Absolute Beginners : Robotics Programming Made Easy
Learn how to get started with robotics programming using Robot Operation System (ROS). Targeted for absolute beginners in ROS, Linux, and Python, this short guide shows you how to build your own robotics projects. ROS is an open-source and flexible framework for writing robotics software. With a hands-on approach and sample projects, Robot Operating System for Absolute Beginners will enable you to begin your first robot project. You will learn the basic concepts of working with ROS and begin coding with ROS APIs in both C++ and Python.
Manager competency assessment model in the conditions of industry 4.0
2020
The approaches to modeling competencies have been explored in the article and a model of a strategically oriented approach to the development of management competencies of the company \"Industry 4.0\" has been built. An algorithmic “fuzzy logic” model to assess the input managers' competencies and obtain a final assessment as a parameter for achieving strategic goals has been formed. A methodology for using the “fuzzy logic” toolkit to assess managers' competencies in obtaining the pair impact assessment, which forms a new level of the comprehensive assessment of managers' work, has been developed.
Journal Article
material footprint of nations
by
Moran, Daniel
,
Suh, Sangwon
,
Schandl, Heinz
in
Consumption
,
Developed countries
,
Economic growth
2015
Significance This original research paper addresses a key issue in sustainability science: How many and which natural resources are needed to sustain modern economies? Simple as it may seem, this question is far from trivial to answer and has indeed not been addressed satisfactorily in the scholarly literature. We use the most comprehensive and most highly resolved economic input–output framework of the world economy together with a detailed database of global material flows to calculate the full material requirements of all countries covering a period of two decades. Called the “material footprint,” this indicator provides a consumption perspective of resource use and new insights into the actual resource productivity of nations.
Metrics on resource productivity currently used by governments suggest that some developed countries have increased the use of natural resources at a slower rate than economic growth (relative decoupling) or have even managed to use fewer resources over time (absolute decoupling). Using the material footprint (MF), a consumption-based indicator of resource use, we find the contrary: Achievements in decoupling in advanced economies are smaller than reported or even nonexistent. We present a time series analysis of the MF of 186 countries and identify material flows associated with global production and consumption networks in unprecedented specificity. By calculating raw material equivalents of international trade, we demonstrate that countries’ use of nondomestic resources is, on average, about threefold larger than the physical quantity of traded goods. As wealth grows, countries tend to reduce their domestic portion of materials extraction through international trade, whereas the overall mass of material consumption generally increases. With every 10% increase in gross domestic product, the average national MF increases by 6%. Our findings call into question the sole use of current resource productivity indicators in policy making and suggest the necessity of an additional focus on consumption-based accounting for natural resource use.
Journal Article
ORGANIZING THE GLOBAL VALUE CHAIN
2013
We develop a property-rights model of the firm in which production entails a continuum of uniquely sequenced stages. In each stage, a final-good producer contracts with a distinct supplier for the procurement of a customized stage-specific component. Our model yields a sharp characterization for the optimal allocation of ownership rights along the value chain. We show that the incentive to integrate suppliers varies system-atically with the relative position (upstream versus downstream) at which the supplier enters the production line. Furthermore, the nature of the relationship between integration and \"downstreamness\" depends crucially on the elasticity of demand faced by the final-good producer. Our model readily accommodates various sources of asymmetry across final-good producers and across suppliers within a production line, and we show how it can be taken to the data with international trade statistics. Combining data from the U.S. Census Bureau's Related Party Trade database and estimates of U.S. import demand elasticities from Broda and Weinstein (2006), we find empirical evidence broadly supportive of our key predictions. In the the process, we develop two novel measures of the average position of an industry in the value chain, which we construct using U.S. Input—Output Tables.
Journal Article
Performance of bidimensional location quotients for constructing input–output tables
by
Pereira-López, Xesús
,
Sánchez-Chóez, Napoleón Guillermo
,
Fernández-Fernández Melchor
in
Economic theory
,
Matrices
,
Statistics
2021
This article seeks to verify the extent to which the formulation of two-dimensional location quotients (2D-LQ) entails a methodological advance in building or generating economic accounts related to sub-territories drawing from basic information. The input–output tables of the Euro Area 19 for 2010 and 2015 are references for analysis. We have used five statistics to measure similarity between true domestic coefficient matrices for ten countries (Austria, Belgium, Estonia, France, Germany, Italy, Latvia, Slovakia, Slovenia, and Spain) and the matrices they generate using nonsurvey techniques (CILQ, FLQ, AFLQ, and 2D-LQ). The focus substantially centers on ranking methodological efficiency by comparing the results of the four techniques mentioned above. The scope of the work employs standard parameters (associated with 2D-LQ) as guidance to ascertain the optimum parameters.
Journal Article
INDUSTRIAL POLICIES IN PRODUCTION NETWORKS
2019
Many developing economies adopt industrial policies favoring selected sectors. Is there an economic logic to this type of intervention? I analyze industrial policy when economic sectors form a production network via input-output linkages. Market imperfections generate distortionary effects that compound through backward demand linkages, causing upstream sectors to become the sink for imperfections and have the greatest size distortions. My key finding is that the distortion in sectoral size is a sufficient statistic for the social value of promoting that sector; thus, there is an incentive for a well-meaning government to subsidize upstream sectors. Furthermore, sectoral interventions’ aggregate effects can be simply summarized, to first order, by the cross-sector covariance between my sufficient statistic and subsidy spending. My sufficient statistic predicts sectoral policies in South Korea in the 1970s and modern-day China, suggesting that sectoral interventions might have generated positive aggregate effects in these economies.
Journal Article
LMI-Based H∞ Controller of Vehicle Roll Stability Control Systems with Input and Output Delays
by
Boada, Beatriz L.
,
Redondo, Jonatan Pajares
,
Díaz, Vicente
in
Automobiles
,
Controllers
,
Design
2021
Many of the current research works are focused on the development of different control systems for commercial vehicles in order to reduce the incidence of risky driving situations, while also improving stability and comfort. Some works are focused on developing low-cost embedded systems with enough accuracy, reliability, and processing time. Previous research works have analyzed the integration of low-cost sensors in vehicles. These works demonstrated the feasibility of using these systems, although they indicate that this type of low-cost kit could present relevant delays and noise that must be compensated to improve the performance of the device. For this purpose, it is necessary design controllers for systems with input and output delays. The novelty of this work is the development of an LMI-Based H∞ output-feedback controller that takes into account the effect of delays in the network, both on the sensor side and the actuator side, on RSC (Roll Stability Control) systems. The controller is based on an active suspension with input and output delays, where the anti-roll moment is used as a control input and the roll rate as measured data, both with delays. This controller was compared with a controller system with a no-delay consideration that was experiencing similar delays. The comparison was made through simulation tests with a validated vehicle on the TruckSim® software.
Journal Article
Peak-to-peak dynamic output feedback control for input–output quantized discrete-time system
2014
In this paper, we studied the peak-to-peak output feedback control problem for a linear discrete-time system with input and output static quantizers, which are bounded by sectors. Firstly, the quantized peak-to-peak control issues are addressed with a robust problem by two sector-bound conditions. Secondly, by using linear fractional transformation (LFT) techniques, the closed-loop control system is expressed as an uncertain system with the LFT uncertainties. Then, we present sufficient conditions to design a peak-to-peak output feedback controller to mitigate quantization effects, and ensure a prescribed peak-to-peak noise attenuation level. Finally, two numerical examples are given to verify the effectiveness of the main results.
Journal Article