Dynamic and asymmetric impacts of macroeconomic fundamentals on an integrated stock market

A large body of evidence indicates that macroeconomic and financial variables are dynamically interrelated. In an international setup, we analyze the transmission mechanisms of macroeconomic shocks on the stock market of a small open economy in an increasingly integrated world. We use a time-varying vector error correction model (VECM) that allows analysis of asymmetric impacts that depend on the state of the business cycle. A special focus is directed on monetary policy surprises, where we find that foreign shocks exert a strong influence on an integrated stock market, and that the stage of the business cycle heavily affects the signals of the shocks.     

日本政府新世纪的农业策略与启示

新世纪伊始，日本政府出台了一系列承前启后的农业策略，主要体现在农业保护、农业立法、粮食安全、比较优势、有机农业和饮食结构等方面，鉴于中日两囤三农领域较多的相似之处，这些策略对当前我国政府发展农业、改造农村、扶助农民等极富有启示意义，     

Phosphorus Inputs to Lake Simcoe from 1990 to 2003: Declines in Tributary Loads and Observations on Lake Water Quality

Total phosphorus (TP) inputs to Lake Simcoe have led to hypolimnetic dissolved oxygen (DO) depletion and loss of cold water fish habitat. Since 1990, efforts have been made to reduce the total TP input to the lake below a defined target of 75 t/year, which was predicted to lead to reductions in spring TP concentration and improvements in end-of-summer hypolimnetic DO concentrations. The total TP load to the lake during the most recent period of record (1998/99-2003/04) ranged from 53 to 76 t/yr and averaged 67 t/yr, compared to an average of 114 t/yr estimated between 1990/91 and 1997/98 (range 85-157 t/yr). Reductions in TP loads from the catchment via tributary discharge (∼26 t) accounted for the majority of the decrease in total load between the two time periods. Total P concentrations decreased significantly in four out of six long-term monitored tributaries; however, concentrations in all six tributaries remain above the level recommended to avoid nuisance plant growth (30 μg/L). Although TP loads to the lake are currently below the target 75 t/yr, excessive growths of filamentous algae and macrophytes continue to be a problem in the nearshore zone. End-of-summer minimum hypolimnetic DO concentrations (average 4.3 mg/L, 1998/99-2003/04) remain substantially below the level (7 mg/L) that is considered protective of lake trout. Efforts to reduce TP loads to the lake therefore need to continue.     

黄河下游稳定主槽之节点整治

稳定主槽是当前黄河下游河道治理的关键。窄深河槽具有很强的泄洪能力与输沙能力,是主槽整治追求的目标。黄河下游均是顺直微弯河道,河道水流最基本的主导机理是沿着阻力最小的方向流动,走直路、走近路,主槽整治设计流路应以顺直为上策。当前有必要对微弯整治方案进行再认识,实现对其否定之否定的提高。控制性弯道整治、对口丁坝整治、节点整治都属于双岸整治的范畴,对双岸整治的方向应予肯定。今后的整治应从微弯整治向节点整治发展,逐步过渡到以节点整治为主,最终达到稳定河势流路、高效排洪输沙之目的。     

山东省水资源配置思路浅析

山东省总体上属于资源性缺水省份，合理配置水资源已成为解决水资源供需矛盾、保障经济社会可持续发展的关键问题之一。通过对山东省水资源的基本特点进行分析，建立了水资源合理配置系统模型及生成配置方案，在供需平衡分析的基础上，提出了水资源合理配置的基本思路。     

Influences of land use/cover on water quality in the upper and middle reaches of River Njoro, Kenya

Data from 10 sampling sites along the River Njoro are used to examine the contribution of nutrients from upstream land uses draining each of the sampling sites. The data also are used to assess whether both the proportion of land uses and the size of the subwatersheds account for the variability in water quality in the River Njoro watershed. Geographical Information System analysis was used to determine the spatial distribution of land‐cover types and subwatersheds contributing run‐off to the sampling sites in the River Njoro. Standard Digital Elevation Model‐based routines were used to establish the watershed area contributing run‐off to each sampling site. Water and sediment samples were collected for chemical analysis, and the nutrient levels were related to the upstream land‐use types and the size of the subwatersheds. The mid‐stream portion of the River Njoro (near Egerton University) accounts for the highest nutrient contributions. The percentage contribution is magnified by additions from industrial, human settlements and agricultural land uses around the University. There is a significant decrease in nutrient levels downstream, however, indicating natural purification as the river flows through an area of large‐scale farming with intense, well‐preserved riparian and in‐stream vegetation. Steep slopes of the land upstream of Egerton University enhance erosion and nutrient losses from those subwatersheds. Mixed small‐scale agricultural and bare lands contribute over 55% of the phosphorus load to the upper and mid‐reaches of the River Njoro. The size of the subwatershed accounts for about 53% of the variability in the soluble phosphorus in the river. The land‐use subwatershed proportions are important for characterizing and modelling water quality in the River Njoro watershed. Upland land uses are as important as near‐stream land uses. We suggest that conservation of intact riparian corridor along the river and its tributaries contributes significantly to natural purification processes and recovery of the ecological integrity of the River Njoro ecosystem.     

Internal-corrosion inhibitors for pipelines carrying deaerated heating water

The effect of internal-corrosion inhibitors on heating-system pipelines is investigated. Tests were conducted on a testing device for polarization measurements under conditions corresponding to the Rostov Heat-Supply System. The concentration of OEDP-zinc, which provides a high degree of protection from general corrosion, is determined. The reagent has been successfully incorporated into the Rostov No. 2 TPP. __________ Translated from élektricheskie Stantsii, No. 7, July 2007, pp. 37–43.     

中、美流域水资源管理机制比较

萨斯奎哈纳流域管理委员会的委员由美国联邦政府和其流域内纽约、宾夕法尼亚、马里兰三个州的代表组成。在《萨斯奎哈纳流域协议》（联邦法律）的授权下。该委员会有权处理流域内的任何水资源问题。相比之下．国内的流域机构没有流域内省（自治区、直辖市）的代表作为委员，流域水行政管理的职能还不能满足流域内社会经济发展的实际需要。因此，形成和完善以流域为单元的水资源管理法律框架是有效保护、开发和管理流域水资源的基础，建立包括流域内省（自治区、直辖市）为代表的流域管理委员会可以提供一个有代表性、长效的管理机构。流域管理委员会应着重加强流域水资源保护、开发和管理的综合规划，注重流域的公共利益和社会服务．重视水质、湿地、洄游鱼类、珍稀物种和文化遗产保护．切实担当起河流代言人和保护神的角色。     

Diel Vertical Migration of Round Goby Larvae in the Great Lakes

One hypothesis for the transcontinental and intra-Great Lakes basin transfer of round gobies (Neogobius melanostomus) has been that round gobies were pumped into the ballast water of ships. During June 2005 in Lake Erie, we obtained evidence of a vertical migration of round goby larvae, when we collected 167 round goby larvae in surface ichthyoplankton net tows at night and zero during day. These results complemented similar findings from the Muskegon River estuary of Lake Michigan during 2003 and 2004, documenting diel vertical migration for the first time in larval round gobies. We suggest vertical migration behavior may have allowed larval round gobies to be transported to and within the Great Lakes via ballast water and dispersed in the Great Lakes via advection of 6.5–8.5-mm long larvae at the surface. Based on our results, if ballast water was only taken on near the surface during daylight hours from May through September when larval round gobies were present, it would have mitigated the spread of round gobies throughout the Great Lakes.     

浮体门设计的探索与实践

水电站泄水道破坏修复工程,是一项风险高、难度大、前景广阔的系统工程。刘家峡水电站泄水道2号孔破坏修复的关键,是采用人工深水软导向浮体闸门封堵孔口,形成门后洞内旱地施工条件;龚嘴水电站10号冲砂底孔破坏修复的关键,增设浮体闸门采用自动潜行式浮体闸门封堵孔口,形成门后洞内旱地施工条件;哈萨克斯坦CHARDARA水电站SYNAS项目泄水底孔修复的关键,采用分次降水安装浮体闸门侧支承的方法,挡住引水发电机组的下游尾水,在泄水道进口检修门和流道出口之间形成门旱地施工。此3项泄水道修复工程在行业内没有先例,难度很大。整体方案具有创新性,并且均已高质量竣工并投入正常运行。