Nursing research Paper Example | Topics and Well Written Essays - 500 words

Nursing - Research Paper Example The p value is less than 0.001 which indicates that the data obtained are statistically significant. This, therefore, means that one should decrease their caloric intake; to maintain a low BMI because a high BMI puts one at a risk of getting lifestyle diseases such as high blood pressure and type 2-diabetes. 2) There is a very strong link between BMI and HDL cholesterol because according to the results, the correlation coefficient is very close to -1.00 (0.794). The relationship is however negative meaning as the BMI of an individual increases, the level of HDL cholesterol decreases. The p value is also less than 0.001 meaning that the results are statistically significant. Since it is healthy to have high HDL cholesterol levels, one should, therefore, aim at reducing their BMI to acceptable levels. 3) The relationship between the caloric intake and age of the respondents is not strong as indicated by the correlation coefficient (0.129) which is neither close to 1.00 nor - 1.00. The corresponding p value (0.588) also supports the results since it is far much greater than 0.001 indicating that the degree of significance is very low. 4) Using correlations as a statistical test has got several shortcomings. The correlation does not mean a cause-and-effect link between variables and so cannot be used for certain research questions which seek to determine that kind of relationship (Munro, 2005). For instance, it does not show if an increased caloric intake leads to a high BMI or high BMI causes one to take fewer calories. It also quantifies only the strength of the linear relationship and does not provide other details concerning the relationship between the variables. Correlations are also bivariate meaning they only compare two variables from two data sets at a time which may increase chances of making errors since this rarely occurs in reality (Trochim, 2006). This makes it unsuitable for researchers looking for interconnected relationships

A review of Risk Assessment Methodologies Essay

A review of Risk Assessment Methodologies - Essay Example Furthermore, a risk-management process will help you prioritize these issues should you lack the resources necessary to address them all immediately. 1. Establish the risk assessment team. The team is formed to collect, analyze and report the assessments to the management. It is important that all aspects of the activity work flow be represented on the team, including human resources, administrative processes, automated systems, and physical security. The reason is to plan things before hand so that it becomes easy to go by. The team members on the other hand will have to attend and participate in the meetings, they will have to take the responsibility of achieving goals and objectives. The team members will also have to work hard for effective teamwork and communications, share responsibility for all team decisions and share knowledge and expertise with the team. The team members would themselves have to provide leadership where appropriate and last but not the least, will have to participate in training sessions where required. 2. Set the scope of the project. ... should identify at the outset the objective of the assessment project, department, or functional area to be assessed, the responsibilities of the members of the team, the personnel to be interviewed, the standards to be used, documentation to be reviewed, and operations to be observed. When the scope of a project is discussed, the output is in terms of time and cost. Scope is important because experience team members would know how changes in scope cause an issue. As the things proceed scopes do change, as the team members are not aware of the actual outcomes of things. 3. Identify assets covered by the assessment. Assets may include, but are not limited to, personnel, hardware, software, data (including classification of sensitivity and criticality), facilities, and current controls that safeguard those assets. It is key to identify all assets associated with the assessment project determined in the scope. 4. Categorize potential losses. Identify the losses that could result from any type of damage to an asset. Losses may result from physical damage, denial of service, modification, unauthorized access, or disclosure. Losses may be intangible, such as the loss of the organizations' credibility. It is only after knowing these losses can the team think of threats that may occur. More than one individual gathers the potential loss or anything concerning this. Everyone can give his or her own comments. The more different possibilities are taken out, the more prepared a team becomes incase of an event. 5. Identify threats and vulnerabilities. A threat is an event, process, activity, or action that exploits a vulnerability to attack an asset. Include natural threats, accidental threats, human accidental threats, and human malicious threats. These could include power

Debate whether downloading of music through the internet is ethical or not Essay Example for Free

Debate whether downloading of music through the internet is ethical or not Essay Music is one of the countless arts that represent the world as it is and sometimes much better- what it should be. Aside from this cliche, the world of music is being torn between legal issues of piracy and what others claim to be the inherent natural rights of individuals who would want to listen to music- free access. The internet provides one of the most free access portals for those who would want to have the music of their choice, but the question remains- is it ethical to get something for free when it is legally established to have a tendering value? In more simple terms- is it ethical to steal music online? Joseph, Francis, Angelo, Kairos, Karina and Angelina have been friends for almost a decade now. They met in their high school years, now they have decided to pursue different paths for their college education. Joseph entered college under a program of business administration; Kairos pursued a similar course under the program of economics. Karina and Angelina who both shared undying passion specialized in two major art subjects. Karina studied arts and letters; while Angelina enrolled in a program of music. Angelo, the techno savvy of the group enrolled to be an information technology specialist someday. And lastly, Francis the most authoritative of them all enlisted in the police academy to become a member of the police force someday. All of them are happy in their pursued lives, but there are things that remain the same –their friendship and their enthusiasm to listen to music. It became a habit for them to meet up during weekends to catch up over dinner, share a couple of laughs and go back to their mishaps and fun times when they are still in high school. In one of their dinner at Kairos’ place, they chose to play a concert video of Alicia Keys; but then something happened to Angelina†¦ (against) Angelina: Kairos, this is a nice DVD where did you get it? I did not know that they have already released this one. (pro) Kairos: They already have that one in Danton’s record bar down the street, but it is pretty expensive. I did not bought it, Angelo got it, (joking) it is no secret†¦our friend has pretty cool tricks in front of a computer. (pro) Angelo: Hey man, stop bragging about it. I might end up downloading whole day for these guys. It is pretty boring man, if it’s not free, I won’t bother at all. (pro) Kairos: Hey Angelina, are you ok? Do you feel something wrong? Or are you just too mesmerized with the glories of downloading? (against) Angelina: You’re unbelievable†¦ (pro) Karina: Hey Kairos, I think you hit a wrong†¦very wrong button. (pro) Kairos: huh? (against) Angelina: You are unbelievable! You are to busy computing how much you can save you became a common thief. (pro) Kairos: Are you serious? What did I do? (against) Angelina: You have practically stolen something and yet you act as if nothing happened. You and Angelo you both favor convenience without its obligations. (pro) Kairos: I did not steal anything; do not put that on me. Angelo is the one who downloaded. But still, I cannot see your point why you are overacting. (against) Angelina: Ok, I will indulge you and downloading accomplice in the implications of what you have done, shall I get started? Downloading is stealing because- (Angelo interrupts). (pro) Angelo: It’s free, get a computer and link it to the internet. You will find there it’s free; you cannot steal something which is free. That’s the glory of it, free downloading it is FREE and logically it will be free even from your so- called obligations . (against) Angelina: That is not the point, the point is just like any other form of art Alicia Keys’ concert is the result of her hard work and even painstaking attempts to create something exemplary beautiful. You stole that from her by not buying the original copy of her concert and opting to download a mere duplicate of her work. (pro) Kairos: Last time I checked recording companies, reap off a lot from the original copies, not the artist. The competition between record labels is too superficial for ordinary citizens, just like me and Angelo to purchase the original copy. Original copies are too expensive; it is like a monopoly of record labels, prices do not compete . And with what I learned, the recording industry without competition is no longer viable as a form of market. (against) Joseph: Excuse me, but I think the likes of you and Angelo are the reason for the increase in the prices of original copies. Companies compensate for their losses from free downloads and other forms of piracies . Kairos, above everyone else in this room you should know that, your studying economics right? (pro) Kairos: Yes I am, what you are saying is profit making. I am standing on the notion of free. (against) Francis: Come one man, what you claim to be free as contested by Angelina is not free at all; I think, you are using the word in a wrong way. (against) Angelina: You cannot financially categorize the works of others for your benefit. It is true that the music industry is highly privatized. And it has a very good reason to do so; music is private in the sense that it is the fruit of the musician and singer. The prices are high simply because music is an innovation in its simplicity . The creation of an innovation is one thing, but guarding and protecting it from the likes of you and Angelo is another thing. (pro) Karina: I don’t know for music which is highly commercialized, I think individuals who want to access into a form of art should be allowed to do so as long as it is permitted by the artist. I doubt that a real artist would deny such privilege. (against) Angelina: Karina, you are an artist yourself or at least someone who is aspiring to be. How can you reach your dreams if your early first steps are being trampled by piracy such as that experienced by starting out musicians in free music downloading? (pro) Karina: Pirated works are usually that of already â€Å"made† stars, free downloading has minimal effects to starting musicians since their works are not there in the first place . Websites do not host unpopular music files. As a matter of fact, only 1% of websites have more than 50% of the general traffic in the internet . In short, starting bands are usually and probably exempted. (pro)Angelo: What Karina told is true in both statistics and even in logic. Angelina, some starting bands even welcome the idea of being pirated simply because it is a good venue to be established in the music industry which is dominated by bigger music labels . (against) Angelina: No matter what statistics you would use, it is unethical because it is stealing in the first place and will forever be stealing. (against) Francis: It is true that it is stealing but only through a different way such as the internet . That difference makes some individuals assume that they are doing nothing wrong, but actually they are. (pro)Kairos: Well, we can look at this issue through multi perspectives and that what makes it problematic. We can argue regarding this issue for a long time, but nonetheless we will never arrive at a common ground. (against) Angelina: So guys, since the topic can be debated indefinitely can we just leave the topic alone and continue to live according to our principles and promise to compromise in the presence of another contradicting principle? (against) Angelo: Hey, what friends are for? All agreed to give up on the debate and just enjoy the rest of the night with stories that would allow them to catch up with each other. Their circle of friendship grew stronger after such a healthy debate; all of them without exemption learned to compromise. Impact Statement: The issue of free downloading music through the internet can be debated on different point of views and starting points. Due to this nature, up to date the debate whether music should be a free enterprise at some levels is still questionable. Issues on it being ethical are not solely debatable in the light of being a free enterprise or a private intellectual property; it can also be debated on the perspectives of economics and profiteering. There are countries that allow free downloading of music such as China, so in terms of citizenship in relation to the issues on ethics behind free downloading of music the countries ruling are still the end of it all. No matter how long debates can be, it can only affect public opinion; nonetheless the law will still hold. After watching this group of friends argued on the topic. It can be said that the main question is wrong and prejudicial. â€Å"Is it ethical to STEAL music online? † should be replaced by â€Å"Is it ethical to DOWNLOAD music online? † Bibliography 123HelpMe. com. Copyright Laws, Napster and Personal Ethics. www. 123HelpMe. com. 30 April 2010 http://www. 123helpme. com/view. asp? id=21092. Albert, Pete. Music Piracy: Is downloading music ethical? 2010. 30 April 2010 http://www. helium. com/debates/68480-music-piracy-is-downloading-music-ethical/side_by_side? page=42. Arrington, Michael. Stealing Music: Is It Wrong Or Isnt It? 31 March 2009. Techcrunch. com. 30 April 2010 http://techcrunch. com/2009/03/31/stealing-music-is-it-wrong-or-isnt-it/. Easley, Robert. Ethical Issues in the Music Industry Response to Innovation and Piracy. Journal of Business Ethics, Vol. 62, No. 2 (2005): 163-168. Johnson, Eric J. , et al. On the Depth and Dynamics of Online Search Behavior. Management Science, Vol. 50, No. 3 (2004): 299-308. Storey, Michael. Music Piracy: Is downloading music ethical? 2010. 30 April 2010 http://www. helium. com/debates/68480-music-piracy-is-downloading-music-ethical/side_by_side? page=42.

Impact of FDI on the growth rates in agriculture in India

Impact of FDI on the growth rates in agriculture in India Abstract Foreign direct investment (FDI) is taken as one of the key factor of rapid economic growth and development. FDI, it is believed to stimulate domestic investment, human capital, and transfers technology. It is associated qualities which causes the faster economic development in the host countries. India, for instance was one of the poorest economies after the post independence era, but yet achieved economic growth with substantial amount of FDI inflows and become one of the fastest emerging economies in the world in a half century and witnessed unprecedented levels of economic expansion, along with countries like China, Russia, Mexico and Brazil. This paper evaluates the impact of FDI in Indias economic growth employing macro economic time series data from 2000-2010 on the growth of Agricultural, Manufacturing and Service sectors of the Indian economy as well as the economy as a whole. This study uses the endogenous growth model to explore the role of FDI in economic growth. The role of FDI in economic growth is not statistically significant; however, the interaction between FDI and human capital, export and domestic capital is of utmost importance. This study supports the findings of Laura Alfaro (2003) in the study of which shows that the benefits of FDI vary greatly across sectors by examining the effect of foreign direct investment on growth in the primary, manufacturing, and services sectors. Objective: The objective of this study is to compare the difference in growth rates among the Agricultural, Manufacturing and Service Sectors of the Indian Economy due to the uneven flow of Foreign Direct Investment in these sectors. The research work also aims at analysing the growth of Indian economy from 2000 to 2010 based the inflows of Foreign Direct Investment and the factors such as Government Spending, Inflation, GDP Per capita, Trade Openness and Human Capital Formation affecting it. Introduction: The United Nations 1999 World Investment Report defines FDI as an investment involving a long term relationship and reflecting a lasting interest and control of a resident entity in one economy (foreign direct investor or parent enterprise) in an enterprise resident in an economy other than that of the foreign direct investor ( FDI enterprise, affiliate enterprise or foreign affiliate). In the recent years, Foreign Direct Investment (FDI) policies have become one of the central economic policies for the developing countries, learned from the experiences of newly industrialised countries (NICs) like South Korea, Singapore, Hong Kong and Taiwan which promoted FDI as the catalyst of rapid economic growth in the early stages of their economic development. Empirical studies on the impact of FDI on economic growth have shown positive impact in the host countries. Hence, it has become an area of great interest with empirical determinants of policy implications for enhanced FDI inflows and the mechanism through which it facilitates growth and structural change in recipient countries. The role of FDI in economic growth in the developing countries is that FDI generate more benefits to the recipient countries rather than just full filling the short-term capital deficiency problems. Transfer of technologies and its spill over effect to the local firms will make the local firms more competitive and high standards which is necessary to compete with the foreign products. Another, spill over effect of MNEs is that MNEs may provide training and labour management which may make them available to the economy in general. The training to local suppliers by MNEs may increase the high standard production and managerial standards. The relationship between foreign direct investment and economic growth is one of the well studied subjects in the field of development economics. Especially, after the advent of endogenous growth model (Borenzteins, et al, 1995, Balasubramanyam, et al, 1996) made this relationship more vital for long run economic growth. The research interest in this field has increased after 1990s wave of globalisation and massively increased FDI across the globe and economic growth of FDI receiving countries. According to UNCTAD (2009) foreign direct investment has potential to generate employment, raise productivity, transfer skills and technology, enhance export and continue to the long term economic development of the worlds developing countries. FDI is also the largest source of external financing for developing countries. Foreign Direct Investment is directly linked to the international trade of the country which provides the opportunities to integrate the local economy with the world economy. Enormous literatures on significance of FDI has shown positive role in the economic growth (Borenztein, et al 1995, De Mello, 1996 and Balasubramanyam, 1996). However, there are controversies as some academics argue that the relationship between FDI and growth is non-linear. This is a complex issue whether FDI cause growth or growth causes the increase of FDI. Multinational companies go across the world with the objectives maximizing profits. Hence, countries are providing most suitable investment environment to MNEs to attract the investment. Policy reforms, political stability, domestic growths, increased domestic entrepreneurial skills might cause to grow the FDI in host countries. Inflows of FDI can be important vehicle for technological change and human capital. Blomstrom et al (1994, 1996) emphasized FDI that induced human capital augmentation and economic growth by the help of the technology transfer, accumulation of human capital and knowledge spill over in the FDI receiving countries. There are two ways to deliver goods and services to foreign markets: international production and trade. This means that there should be some interrelationship between the two. This is confirmed by the positive correlation between world Foreign Direct Investment (FDI) and world exports. Thus, economic growth and trade and investments are interconnected. Foreign Direct Investment and Economic Growth Foreign Direct Investment plays important role in economic growth as FDI not only increase the capital stock in the country but also brings the technology which increases the productivity of the resources. The massive increase in FDI in India from 1990 to 2010 raises important queries about the possible impact of FDI in economic growth. The studies of Borenzstein et al. (1995) and Balasubramaniyam, et al. (1996) demonstrate that FDI induces human capital and transfer technologies and this spillover effect of knowledge lead the economic growth in the host countries. They argue that the effect of FDI remains permanent in the host country because of the development in the infrastructures of the host country. Therefore, there exist the long rung relationship between level of GDP and foreign capital stock. Depicted below are the trends in FDI, GDP and Inflation in the post liberalisation period in India. Source: http://www.tradingeconomics.com/ Source: http://www.tradingeconomics.com/ Source: http://www.tradingeconomics.com/ The cumulative effect of FDI,GDP and Inflation factors determine the growth of an economy. The sectoral breakup of flow of FDI in India is as follows: Source: Adapted from the data given on http://www.indiaonestop.com/FDI/sectorwisefdiinflows%282000-2009%29.htm Hence it is clear that the major share of FDI flows into the Service Sector. The share of each of the sectors in GDP is as below: Source: Adapted from the data given on http://business.mapsofindia.com/india-gdp/sectorwise/ It is clear from the above two depictions that the service sector has majority share in GDP as well as FDI, followed by Manufacturing and then Agriculture. The research aims at comparing the difference in growth rates of these sectors due to the flow of FDI. Current state of the literature related to the proposed topic: Economic policymakers in most countries go out of their way to attract foreign direct investment (FDI). A high level of FDI inflows is an affirmation of the economic policies that the policymakers have been implementing as well as a stamp of approval of the future economic health of that particular country. There is clearly an intense global competition for FDI. India, for its part, has set up the India Brand Equity Foundation to try and attract that elusive FDI dollar. According to UNCTAD (2010), India has emerged as the second most attractive destination for FDI after China and ahead of the US, Russia and Brazil. While there is an intense global race for FDI, how important is FDI to a countrys economic growth? It is certainly a difficult ask to separate and quantify the complex package of resources that FDI confer to the host country. There have been a number of macro studies attempting to determine the nexus between FDI and growth. The massive literature on role of FDI on economic growth has shown various types of affects (positive, negative or insignificant) of FDI in various countries. This study aims to explore the impact of FDI on the growth rates of sectors in Indian economy. Berry and Kearney(2006) the most common character through which spillover are understood to operate include technology transfer, demonstration effects (through management skills and training to export) and greater competition(leading to productive efficiency). A significant presence of MNEs can bring about fundamental changes in industrial structure, particularly for smaller and medium sized countries. If foreign MNEs operate in sectors that are imperfectly correlated with those dominated by indigenous firms, FDI can help create a better diversified economy. Chung et al (2003) Technology transfer occurs when there is contact between foreign and local firms. Japanese auto transplants increased production process in North American significantly influenced the industrys productivity growth during this period (1982-1991). Caves (1974) argued that FDI also improves the allocative and technical efficiency through competitive pressure. Foreign entrants break down entry barriers, compete for factor inputs and customers and reduce the market power of entrenched firms. Zhang et al (2004) studied on impact of MNEs behavior through FDI on international trade and vice versa. They used Granger causality co integration approach to observe the direction of FDI and trade linkage of Chinese economy in 1980- 2003 period. They found that more imports lead higher level of FDI, more FDI leads to more exports and more exports FDI. This virtuous process reflects Chinas open door policy. Chakraborty and Basu (2002) study showed two-way link between foreign direct investment and growth for India using structural co integration model with victor error correction mechanism. They found strong evidence of GDP Granger causing FDI flows for India, there was not significant role in the short run adjustment process of GDP. Short-run increase in FDI flows for India is labor displacing in nature. The technology transfer brought in by FDI causes an excess supply of labour creating downward pressure on unit labor cost. Borenzstein et al (1995) introduced a new model showing the impact of FDI in economic growth using an endogenous model growth model. They analyzed FDI flows from industrialized countries to 69 developing countries during 1970-1989. They argued that due to the direct FDI there is increase in capital accumulation and in host countries and transfer of technology lead increases productivity which causes the economic growth of the host countries. Their result showed that FDI is an important vehicle of technology transfer, contributing more economic growth than domestic investment where they make a case of minimum threshold stock of human capital necessary to absorb foreign technologies and linkage between FDI and human capital and domestic investment are crucial to achieve the economic growth. Other subsequent studies by Subramanyam et al., (1996) within the growth theory frame work analyzed the role of FDI in growth process in the context of 46 developing countries with different trade p olicy regimes. From their cross-sectional panel data analysis, they found that countries that pursue all outwardly oriented trade policies are strongly benefited from FDI than those countries adopting an inward oriented policy. De Mello (1996) based on neoclassical approach argue that FDI affects only level of income and leaves long run growth unchanged. They argue that technological progression and other external factors main source of economic growth. Their argument is that long-run growth arises because of technological progress and population growths both were exogenous. Hence, according to neoclassical models of economic growth, FDI will only be growth advancing if it affects technology positively and permanently. Endogenous growth theorists believe that economic growth is generated from within a system as a direct result of internal process. Aghoin and Howitt(1998) the enhancement of nations human capital by investing more on human capital formation would lead to faster economic growth. The recent endogenous models show that FDI can affect growth endogenously growth models if it generates increasing returns in production via externalities and spillover effects Deme and Graddy (2006). In these models, FDI is considered to be an important source of human capital and technological diffusion. According to Romers (1990) endogenous growth model; growth is driven by technological change from intentional investment made by profit maximizing firms. He argues that stock of human capital determines the rate of growth. In his view, there is increasing returns scale (IRS) in aggregate level where as constant returns to scale (CRS) in the firm level and firms dont take account of spillover effect of externalities but economy as a whole experiences the increasing returns to scale which causes the endogenous growth. Endogenous growth theoreticians FDI and trade stimulate the technological diffusion and contribute economic growth. Barell and Pain (1996) studied the econometric model of foreign direct investment and examined the extent to which the model explain the level of outward direct investment by U.S companies over last two decades. Their analysis show that market size and factor cost, both labor and capital are important factors in the investment decision because MNEs are trying to maximize the value of the firm by allocating the resources in right place. Feder et al. (1983) analyzed export-led economic growth hypothesis. They argued that exports increase factor productivity because of the better utilization of resources and economies of scale. Some economists argue that open trade policies foster FDI because of the conducive economic climate for the MNEs. In this regard, Rodrizguez and Rodrik (1999) presented a skeptical view by linking between opentrade policies and economic growth. They argue that previous studies didnt consider the institutional differences among countries in an upwardly biased estimate of trade and other policy restrictions. Their analysis showed that the relationship between average tariff rates and economic growth is only slightly negative and nowhere near statistical significance. The issue whether FDI and trade trigger economic growth or economic development attracts FDI and trade is unsolved (Makki and Samwaru, 2004) since past studies were one sided i.e. analyzed the impact of FDI and trade on economic growth (Borensztein et al, 1995 and Balasubramanyam et al, 1996) or analyzed the effect of economic growth on FDI (Barrel et al, 1996). The recent study on role of FDI in economic by Kim and Hwang (2000) focused on spillover effects in different six sub sectors. They examine the effects by using random effects model employing the annual data for the period of 1970. They find that FDI played a negligible role through out Koreas economic development. Despite the quantitative insignificance of FDI, they accepted the qualitative role of FDI on Korean economy by knowledge spillover from foreign firms. Dhakal et al. (2007) conducted a research on relationship between FDI and economic growth using granger causality test for 9 Asian countries where they find there is no direct causal relationship in two countries, causality ran from growth to FDI in 5 countries including South Korea and causality ran from both sides in two countries. Kim and Seo (2003) analysed the dynamic relationship between FDI and economic growth and domestic investment in Korea for the period of 195-1999 using vector auto regression model. They found that there some positive effects of FDI on economic growth but insignificant. However, their findings show that domestic investments negatively affected by FDI shock, and FDI does not crowd out domestic investment in Korea. In a recent survey of the literature, Hanson (2001) argues that evidence that FDI generates positive spillovers for host countries is weak. In a review of micro data on spillovers from foreign-owned to domestically owned firms, Gorg and Greenwood (2002) conclude that the effects are mostly negative. Lipsey (2002) takes a more favorable view from reviewing the micro literature and argues that there is evidence of positive effects. Surveying the macro empirical research led Lipsey to conclude, however, that there is no consistent relation between the size of inward FDI stocks or flows relative to GDP and growth. He further argues that there is need for more consideration of the different circumstances that obstruct or promote spillovers. This study revisits the FDI and economic growth relationship by examining the role FDI inflows play in promoting growth in the main economic sectors, namely Agricultural, manufacturing, and services. Often-mentioned benefits, such as transfers of technology and management know-how, introduction of new processes, and employee training tend to relate to the manufacturing sector rather than the agriculture or mining sectors. For example, the theoretical work of Findlay (1978) and Wang and Bloomstrom (1992) that models the importance of FDI as a conduit for transferring technology, relates to the foreign investment inflows to manufacturing or service. He warned that in the absence of linkages, foreign investments could have limited effect in spurring growth in an economy. About the consequences in potential linkages effects differences in manufacturing and agriculture, Hirschman (1958:110) wrote, the absence of direct linkage effects of primary production lends these views (enclaves) a plausibility that they do no have in the case of foreign investment in manufacturing. More recently, the theoretical work on linkages, by Rodiguez-Clare (1996), shows that multinationals intensive use of intermediate goods enhances production efficiency in host economies. In this framework, increased demand for inputs leads to a positive externality to other producers owing to an increase in variety. Greater varieties of inputs, however, seem to be more relevant to the manufacturing than to the agricultural sector. In addition, FDIs potential to create linkages to domestic firms, as Albert Hirschman (1958) described in his seminal book on economic development, might also vary across sectors. Hirschman (1958:109) emphasized that not all sectors have the same potential to absorb foreign technology or to create linkages with the rest of the economy. He noted, for example, linkages are weak in agriculture and mining. However, seem to be more relevant to the manufacturing than to the agricultural sector. Markusen and Venables (1999) analyze the effect of foreign firms on the development of domestic firms in the industrial sector. In their model, foreign companies compete with domestic producers while creating additional demand for domestically produced intermediate goods through linkages with local suppliers. This can lead to domestic firms entering into the intermediate goods sector, which can result in lower costs that, reflected in lower final prices that increase demand, can benefit domestic firms producing final goods. Proposed Research Work: Statement of Problem Today, India stands as one of the fastest emerging economies in the world. The country has a land of 3,287,240 Sq Km with 1,188,859,000 populations. India enjoys a per capita income of US $757 (World Bank, 2009) as compared to US $ 318 in the pre liberalisation era. This study explores the role of FDI in this remarkable growth of India as well as the growth of every sector of the Indian economy. FDI has been seen one of the big resources for industrial development in India over the years. FDI stock increased to US $ 34.577 billions in 2009 from US $ 236.690 millions in 1990 (WIR, 2009) and has gained the name of The Asian Tiger. It is interesting to explore the impact of FDI on the rapid growth of Indian economy. Despite the natural resources availability in the country, economic policies and political environment also influence the inflow of foreign investments in the countries. The theoretical concept of impact of FDI is that FDI does not only bring capital but also it brings technology, knowledge and due to the spill over effect development of process remains for the long run. FDI works as the catalyst for the economic growth of a country, especially for the developing countries. FDI is not only a single factor determining the economic growth, rather foreign trade, domestic investment, employment level, government consumption are also major factors affecting growth. On the other hand, stock of human capital is factors determining the level of FDI inflow besides the resources available in the host countries. How the growth is affected by these variables? Does high level of FDI increase the higher level of economic growth? What would be the interaction between FDI and Trade, human capital an d domestic investment? The study examines the effect of this variable in economic growth. Purpose of this study At a theoretical level, FDI brings both capital and technology which makes the local firms more competitive and encourages the economic development in the faster way. The spill over effect of foreign companies will have a long-term effect in the host countries. In the practical level, this study explores the role of FDI in economic growth in India. This study explores, whether FDI plays a role in economic growth or not? Another reason for the study is to compare the rate of growth of the key sectors of the Indian economy. India is able to attract a significant amount of FDI among Asian countries. This study verifies the theoretical model of endogenous growth theory of economic growth by using the macro economic figures of India. The present study examines the empirical assessment of the impact of FDI in difference of growth rates of Agricultural, Manufacturing and Service sectors of India as well as the growth of the economy as a whole over the period of 2000-2010. Scope of the Study Foreign Direct Investment has emerged as a major macro economic indicator of the growth of an economy. In recent years, the Indian Economy has opened up to foreign flows at a tremendous rate. These foreign inflows have contributed to the overall development of the economy in areas like technology, innovations and human capital formation but are being hindered by high rates of inflation, low yields, lack of infrastructure, skilled labour as well as low per capita GDP in various sectors. The study is aimed at analyzing the impact of FDI on the growth in various sectors considering the control factors. The research will also provide insights into the lop-sided flow of FDI in some sectors as compared to others. The impact of flow of FDI on the growth of Indian economy will also be estimated over the period of 10 years from 2000-2010. The study tries to explore the question whether high level of FDI cause higher level of economic growth. Research Methodology This section describes the research methodology of the study which explains the conceptual framework, research design, data collection method and data analysis methods of the study. The main objective of the study is to compare the difference in growth rates among the Agricultural, Manufacturing and Service Sectors of the Indian Economy over the period of 2000 to 2010. India received a huge amount of FDI and achieved high economic growth rate with gradual liberal trade policy regimes. This study analyzes the linkage between FDI and economic growth in India. Conceptual Frame work Basically, the conceptual frame work of the study is derived from the works of Borensztein et al. (1998), Carkovic and Levine (2002), and Alfaro et al. (2003). They have shown the impact of FDI on economic growth in the following linkage. Source: Adapted from How does foreign direct investment affect economic growth? References and further reading may be available for this article. To view references and further reading you must purchase this article. E. Borensztein, J. De Gregorio and J-W. Lee According to their argument, Foreign Direct Investment accelerates capital accumulation in host country by increasing total investment and lowering the cost of innovation and indirectly by crowding in domestic investment and scarce resources of the economy and productivity is enhanced by technology transfer but it is constrained by human capital in the host economy. They argue that FDI develops stock of human capital. There should be a linkage between domestic investment and human capital to achieve the higher productivity. Research Methodology and Model The present study is focused on the compare the difference in growth rates among the Agricultural, Manufacturing and Service Sectors of the Indian Economy over the period of 2000 to 2010. Only secondary data are used for the analysis of the research objectives. The uneven inflow of foreign capital and growth of certain sectors in the economy in India has attracted the research interest on it. This study employs the endogenous growth theory as developed by Balasubramanyam, Salisu and Sapsford, 1996 and Borensztein, Gragorio and Lee 1998. This model assumes that FDI contributes to economic growth directly through new technologies and other inputs as well as indirectly through improving human capital, infrastructure and institutions and countrys level of productivity depends on FDI, trade and domestic investment. The impact of overall FDI inflows on economic growth can be based on the following equation: Growth= ÃŽÂ ²0 + ÃŽÂ ²1 Initial GDP + ÃŽÂ ²2 Controls + ÃŽÂ ²3 FDI + vi Here Growth is the dependent Variable which equals per capita GDP, FDI and the control factors. For most of the variables in the regression, the values represent the average of the period for which sector FDI is available. The variables are determined as follows: Output levels and growth: Output level and growth data reflect the growth of real per capita GDP (in constant 1995 US$). Source: World Bank Development Indicators (2001). Foreign Direct Investment: FDI inflows are generally defined as the measure of the net inflows of investment needed to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. FDI by sector as a % of GDP was used in the regression analysis. Sources: For OECD countries, the International Direct Investment Statistics Year Book (2001); FDI by sector for other countries in the sample was calculated using UNCTADs World Investment Directory (7-volume series 1992-2000). Government Spending: Comprises general government final consumption expenditure as a percentage of GDP. Source: World Bank Development Indicators (2001). Inflation: Percentage changes in the GDP deflator. Source: World Bank Development Indicators (2001). Institutional Quality (INSTQUAL): Institutional Quality is measured as the average of the 12 sub-indices of Political Risk as measured by the International Country Risk Guide: Government Stability, Socio Economic Conditions, Investment Profile, Internal Conflict, External Conflict, Corruption, Military in Politics, Religion in Politics, Law and Order, Ethnic Tensions, Democratic Accountability, and Bureaucracy Quality. Source: International Country Risk Guide (ICRG). Inflation: Percentage changes in the GDP deflator. Source: World Bank Development Indicators (2001). Openness: Trade Openness is defined as the average of exports and imports as a percentage of GDP. Source: World Bank Development Indicators (2001). Private credit (PRCREDBANK): The value of credits by financial intermediaries to the private sector divided by GDP, this variable excludes credits issued by central and development banks and credit to the public sector as well as cross claims of one group of intermediaries on another. Source: Levine et al. (2000). Schooling: Average years of secondary schooling of the total population. Source: Barro and Lee (1996) and World Bank Development Indicators (2001). The same equation can be used to determine the economic growth in each of the sectors of the Indian economy. Based on the results obtained, relevant conclusions can be drawn about the growth rates in the Agricultural, Manufacturing and Service Sectors of the Economy and the difference between them. Analysis of the FDI over the period of 10 years can also be derived by employing the equation to each year. The stock of efficient human capital is required to absorb the technologies brought by FDI and it determines whether the potential spillover effect is realized. The host country requires sufficient number of human capital to utilize the technologies brought by FDI, meaning that higher the level of human capital in the host country, higher the effect of FDI in economic growth of the host country. The study assumes a positive relationship between FDI and GDP growth rate as well as a positive interaction between FDI and human capital in accelerating the economic growth. The issue relating to the interaction between FDI and domestic investment; it is assumed that there is positive interaction between FDI and domestic investment because FDI has is considered as an important medium for transferring capital, technologies and host countries that encourages the domestic investment level. This study uses the time series data for the period of 2000-2010 for the analysis of the objectives and uses the multivariate regression analysis (OLS) for the analysis of data. Data Collection Method and Sources The research is based on Secondary sources of Data Collection. Detailed information on FDI by sector for India is available in OECDs International Direct Investment Statistics Yearbook (2009). The OECD data can be complemented with information obtained from the World Investment Report seven volume series by UNCTAD, each volume of which contains FDI information for countries from different regions (e.g., Asia and the Pacific, Africa, Latin America, and the Caribbean, etc.). The per capita growth rate of output is measured as the growth of real per capita GDP in constant dollars using data from the World Banks World Development Indicators (WDI) (2009). Inflation, measured as the percentage of change in the GDP deflator and used as a proxy for macroeconomic stability, is taken from WDI (2009) as well. In order to capture institutional quality and stability, data from the International Country Risk Guide (ICRG), a m

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Over the years, scientists have wondered whether the Earth is the only space body that is capable of sustaining life. There is evidence to support both theories, but we still don't know for sure that we are not the only kind of life out there. There are different space bodies that are most important to have life in them; some of these places are Mars, Europa, Titan, Enceladus, and Ganymede and Calysto. One of the main reasons why scientists strongly believe that there is a good chance of life in Mars is because there is sufficient facts to imply that it had running water on its surface millions of years ago. There’s also evidence that ice and water existed on this planet. This evidence supports scientists who believe that life existed at some point on Mars. This data was discovered when the images taken from the Mars Reconnaissance Orbiter captured some characteristics of the planet's surface. Scientists believe it was created by the melting ice. Also in May 2009, images of an unmanned spaceship showed what it seemed to look like drops on the surface that appeared to be built during the time of the mission of the spacecraft on Mars. Another place that has scientists believes life is a moon of Jupiter, Europa. Some o f them believe that there is a giant, active salty ocean beneath its surface. This indicates that there is significant activity underneath that frozen surface. Another sign of life in Europe includes formations that looked like icebergs emerging from its surface, suggesting that oceans once covered the planet before it froze. The third space body where scientists think there is life is on one of Saturn's moons, called Enceladus. There are images taken by the Cassini spacecraft orbiting Saturn, proved that there are ice ... ...anisms found on Earth, there too. While there are many reasons to believethat there islife on other planets, however, there are some reasons that explain how extraterrestrial lifewould not be even possible. One of these arguments holds that extraterrestrial life should be very rare due to the time it takes for life to evolve is much longer than that of the existence of a star. Other reasons are that some planets in our solar system are eitherwaytoo hot orway too cold for life, and in some of them rains different kind chemicals, therefore, is potentially unlikely to life to exist on these space bodies. From my own point of view, I believe that there might be life on other planets. It may or may not be intelligent life, but life nonetheless. With evidence of water ice in the space bodies mentioned above there is a good chance that there could be life in those places.

Albinism :: essays research papers

Albinism ALBINISM Albinism. The word albinism refers to a group of inherited conditions. People with albinism have little or no pigment in their eyes, skin, or hair. Recently a test has been developed to identify carriers of the gene for ty-neg albinism and for other types in which the tyrosianase enzyme does not function. The test uses a sample of blood to identify the gene for the tryrosinase enzymes by its code in DNA. The above test does not apply to to one type of albinism, called X-linked ocular albinism. For X-linked inheritance, the gene for albinism is located on an X chromosome. Females have two X chromosomes, while males only have one X and one Y chromosome. This X-linked albinism accurs exclusively in males. The gene is passed from mothers who carry it to their sons. The mothers have subtle eye changes which an ophthalmogist could identigy, but mothers usually have normal vision. For each son born to a mother who carries the gene, there is one in two chance of having X-linked ocul ar albinism. The description is a hereditary deficiency pigmentation. This could involve the entire body or part of the body. This is believed to be caused by an enzyme deficiency involving the metabolism of melanin during prenatal development. This can be inherited by an dominant or recessive trait. In complete albinism, there is lack of pigmentation in skin and hair, as well as in retinal and iris tissue; in incomplete albinism, skin and hair may vary from pale to normal; in ocular albinism, function may vary from norma to impaired. Impairments may involve the retina and iris. If a person has albinism then they usually have somewhere between 20/70 and 20/200 visual. Ty-Neg albinism or also called type 1A results from a genetic defect in an enzyme called tyrosinase. Tyrosinase helps the body to change the amino acid tyrosine into pigment. An amino acid is a building block of protien. Albinism is passed from parent to their kid through genes. For nearly all types of albinism both pa rent must carry an albinism gene to have a child with albinism. Parents may have normal pigmentation but still carry the gene. When both parents carry the gene, there is a one in four chance at each pregnancy that the baby will be born with albinism. This type of inheritance is called autosomal recessive inheritance.

Compare the ways in which ambition is presented in Act 1 of Macbeth and chapter 5 of Frankenstein Essay

Compare the ways in which ambition is presented in Act 1 of ‘Macbeth’ and chapter 5 of ‘Frankenstein’. Pay close attention to the writers presentation of ideas and relate your thoughts to the social and historical content of the texts. Ambition is a passion for something so strong that weaker individuals will become utterly seized by it. We see this in both protagonists in the two texts. Macbeth is first shown as a noble warrior. Shakespeare uses the language of the other characters such as ‘the captain,’ to underline and suggest what had happened and what will happen throughout the plot. Shakespeare uses the phrase â€Å"But all’s too weak/ for brave Macbeth† to explain Macbeth’s capability in the beginning of act one. Although we soon learn that he leaves his nobility behind as his selfish ambition takes control of mind. The words have been chosen to make the phrase dramatic and shocking to the audience, as Macbeth has just slaughtered â€Å"Macdonwald†, Shakespeare uses punctuation to split up the sentences as Shelly also does when ‘Frankenstein’ is terrified that the monster could be lurking in his home in Inglestad when he returns with ‘Clerval’. The novelist also does this when Frankenstein becomes manic due to his relief at seeing ‘Clerval’ and the fear of his creation. This technique is used so that the texts are read or performed in a disjointed manner which creates a sense of anticipation. Mary Shelley wrote ‘Frankenstein’ as an outlet of her experiences throughout her previous years and to express her feelings of grief, anxiety and shock from her childhood. When Mary Shelley was younger, her own ambition was to have a child to love and care for. This ambition and hope was shot down when her baby died soon after its birth. This could be the inspiration that she used for the creation and the unkind response given by the world to it. We learn much about the protagonist victor Frankenstein and his utterly selfish ambition throughout chapter five. This is the climax of his scientific obsession, he finally manages to bring the creature to life after his â€Å"Candle was nearly burnt out†. Shelley uses this metaphor to indicate that Frankenstein only had a small amount of his candle left to work by, and that he was close to giving up, and that his ‘Candle of hope’ was nearly extinguished. We can see parallels between Macbeth and Frankenstein where in the last act of the play, Macbeth describes how he sees life and death. He uses the words â€Å"Out out brief candle! Life’s but a walking shadow†¦Ã¢â‚¬  to display his thoughts about the light or flame of life and how he now wishes he could blow out his candle so that he may die. A candle will flicker, shrink and grow through time and these uses of the word make me imagine the ups and downs of our lives until finally, they weaken and extinguish. The authors use the idea of a candle as it is often used as a symbol of light, hope and expectation. Frankenstein describes his own ambition to create the monster when he tells us that he had â€Å"desired it with an ardour†. Shelley uses â€Å"desired† to make us realise that Victor Frankenstein has wanted this success for a long time and that he has dreamed about it, the word â€Å"ardour† is in this phrase as it makes one think of a deep and intense passion of love in which Frankenstein is referring to the monster by. He contradicts this by using it in the past tense to explain that he regrets his decision to bring life to the monster. Frankenstein says that his aspiration â€Å"†¦far exceeded moderation† when talking about his hope to create a life. Shelley has used the words â€Å"exceeded moderation† to display the extent to which Victor Frankenstein had wished to succeed as a scientist. Although Victor Frankenstein, automatically rejects the creation when he views its appearance. This tells me that Frankenstein is very shallow and intolerant as he does not give the â€Å"utterly benevolent,† creature a moment to be understood or loved. Shelley uses this expression to compare the Frankenstein’s creation a new born babe as babies are completely innocent when they are first born. Shakespeare also introduces the idea of children and violent acts with Lady Macbeth when she tells us about the horrifying moves she is willing to take to have the opportunity to become Queen. Lady Macbeth says the expression â€Å"†¦dash’d the brains out† to turn the beautiful and natural act of breastfeeding into something monstrous, she is comparing killing her â€Å"babe† while breastfeeding to killing King Duncan. The word â€Å"dash’d† has been used to emphasise the speed at which she would kill her child and the Shakespeare has used punctuation to create this effect. I believe that this is where Frankenstein begins to fall due to his ambition and, in contrast to Macbeth, he dies not realise that what he is doing and has done is wrong. Macbeth describes his hopes for King Duncan’s death as â€Å"black and deep desires†, which tells me that Macbeth recognises the immorality of his wishes. Frankenstein and Macbeth both soon become arrogant and totally selfish. Macbeth also turns evil and bloodthirsty. Shelley and Shakespeare both warn their audience of the potential threats and consequences of trying to play the role of God by creating, destroying or changing life.