Explaining the size differences of exporter premia: theory and evidence

Two decades of research have established pronounced exporter productivity premia (EPP) and exporter size premia (ESP). Yet, we do not know why such exporter premia differ so widely in magnitude across countries or sectors? We take this question to the theory and to the data. We derive the sectoral EPP and ESP in a standard heterogeneous firms trade model and apply the insights from the model to guide our empirical investigation of detailed Danish firm-level data. We show that a significant share of the observed variation in EPP and ESP across sectors can be accounted for by sector differences in the underlying variation in productivity dispersion, variable trade costs, the ratio of fixed export costs to fixed costs of production, and the elasticity of demand.     

Comparing Public Perceptions of Alternative Water Sources for Potable Use: The Case of Rainwater,Stormwater, Desalinated Water,and Recycled Water

This research investigated how people’s perceptions of alternative water sources compare with their perceptions of other technologies, and identified significant predictors of comfort with different alternative water sources. We drew on data from four questionnaire survey studies with a total sample of more than 1200 Australian participants. Relative levels of comfort with the alternative water sources was consistent across the four studies: comfort was always highest for drinking rainwater and lowest for drinking recycled water, with comfort with drinking treated stormwater and desalinated water sitting between these two. Although comfort with drinking recycled water was always lowest of the four alternative water sources, participants were significantly more comfortable with drinking recycled water than they were with nuclear energy, or with using genetically modified plants and animals for food. In general, demographic variables were less important predictors of comfort with alternative water sources than were psychological variables; only age and gender emerged as relatively consistent predictors for recycled water, stormwater, and desalinated water, with older participants and males more comfortable with drinking these water sources. Of the psychological variables, participants’ comfort with technology in general, trust in science and trust in government emerged consistently as significant positive predictors of comfort with drinking recycled water, stormwater, and desalinated water.

     

Development of Habitat Suitability Criteria and In‐Stream Habitat Assessment for the Benthic Cyanobacteria Phormidium

Global demand for freshwater has led to unprecedented levels of water abstraction from riverine systems. This has resulted in large alterations in natural river flows. The deleterious impacts of reduced flows on fish and macroinvertebrate abundances have been thoroughly investigated; in contrast, there is a limited understanding of the potential for changes in the abundance of nuisance benthic algal/cyanobacterial blooms. In New Zealand, Phormidium sp. blooms are common in numerous rivers during summer low flows. In this study, an in‐stream habitat assessment is used to examine the relationship between Phormidium habitat availability and reducing flows. Over 650 observations of Phormidium mats, from seven sites (Hutt River, lower North Island, New Zealand), were used to construct habitat suitability curves for depth, velocity and substrate. Preference curves were fitted using both the ‘forage ratio’ and ‘quantile regression’ methods. Phormidium growth, observed at all seven sites, increased significantly from upstream (uppermost site, 5.2% mat cover) to downstream (63.5%). The habitat suitability curves revealed Phormidium had a large tolerance to velocity, depth and substrate type. Consequently, decreases in flow had only negligible effects on available Phormidium habitat. During periods of stable flow, Phormidium abundance positively correlated with increased nitrogen concentrations, potentially explaining the large variation in Phormidium cover from upstream to downstream. Quantile regression generated habitat suitability criteria were a more accurate predictor of available Phormidium habitat than the forage ratio criteria. Copyright © 2013 John Wiley & Sons, Ltd.     

Importance of Reservoir Tributaries to Spawning of Migratory Fish in the Upper Paraná River

Regulation of rivers by dams transforms previously lotic reaches above the dam into lentic ones and limits or prevents longitudinal connectivity, which impairs access to suitable habitats for the reproduction of many migratory fish species. Frequently, unregulated tributaries can provide important habitat heterogeneity to a regulated river and may mitigate the influence of impoundments on the mainstem river. We evaluated the importance of tributaries to spawning of migratory fish species over three spawning seasons, by comparing several abiotic conditions and larval fish distributions in four rivers that are tributaries to an impounded reach of the Upper Paraná River, Brazil. Our study confirmed reproduction of at least 8 long‐distance migrators, likely nine, out of a total of 19 occurring in the Upper Paraná River. Total larval densities and percentage species composition differed among tributaries, but the differences were not consistent among spawning seasons and unexpectedly were not strongly related to annual differences in temperature and hydrology. We hypothesize that under present conditions, densities of larvae of migratory species may be better related to efficiency of fish passage facilities than to temperature and hydrology. Our study indicates that adult fish are finding suitable habitat for spawning in tributaries, fish eggs are developing into larvae, and larvae are finding suitable rearing space in lagoons adjacent to the tributaries. Our findings also suggest the need for establishment of protected areas in unregulated and lightly regulated tributaries to preserve essential spawning and nursery habitats. Copyright © 2014 John Wiley & Sons, Ltd.     

Downstream Ecological Impacts of Controlled Sediment Flushing in an Alpine Valley River: A Case Study

Sediment flushing may be effective to tackle the loss of reservoir storage as a result of siltation. When operationally possible, the impact of this practice on the downstream aquatic environment can be mitigated by limiting the sediment concentration of the discharged waters (controlled sediment flushing). However, this topic is poorly documented, and concerns arise when limits are discussed. We present the results of a 3‐year field investigation concerning the controlled sediment flushing of a small reservoir on the Adda River, the main tributary of Lake Como—Italy. Two limits for suspended solid concentration (SSC) were adopted: 1.5 g L^?1, as average value throughout the whole working day, and 3.0 g L^?1, as alert threshold to adjust the ongoing activity. These constraints were essentially fulfilled in the course of the documented operations. The first year sediment flushing was more significant than the following year: 25 000 tons of fines below 2 mm in diameter were flushed in six non‐consecutive days in summer 2010, while, one year earlier, 75 000 tons were flushed in 16 non‐consecutive days. In the third year of investigation (2011), no sediment evacuation took place. The benthic macroinvertebrate and the fish communities were surveyed a short distance below the reservoir, that is, in the potentially more affected river reach. Clear pieces of evidence of environmental quality degradation were not detected; the adopted strategies can therefore be considered to be appropriate when planning sediment flushing management in comparable contexts. Copyright © 2014 John Wiley & Sons, Ltd.     

Seasonal Effects of Hydropeaking on Growth,Energetics and Movement of Juvenile Atlantic Salmon (Salmo Salar)

The performance and movements of juvenile Atlantic salmon Salmo salar exposed to variable water discharge (simulating hydropeaking) but with a stable water‐covered area were studied in six experimental stream channels, both during the winter and summer. Thirty fish were stocked into each channel, and the growth, body fat and movements of the fish were followed for about 2.5 months in each season. During the winter, no effect of hydropeaking was documented on performance or movement. In the summer, fish experiencing hydropeaking had lower body mass, lower body fat, and higher movement rates than the control fish. In general, effect sizes were small, and the rapid and frequent changes in water discharge and water level in the present study had small effects on the performance of juvenile Atlantic salmon. The cumulative long‐term effect at the population level is unknown, but a reduced growth rate of 10% and a reduction in body fat of 16% in the hydropeaking experiments in the summer might to some extent translate into increased smolt age and lower overwintering survival. Copyright © 2014 John Wiley & Sons, Ltd.