We test whether capital account liberalization led to higher economic growth using de jure measures of capital account and financial current account openness for 94 nations, from 1950 (or ...independence) onward. We argue that measurement error, differing time periods used, and collinearity among independent variables account for conflicting results in prior scholarship. We use pooled time-series, cross-sectional OLS and system GMM estimators to examine economic growth rates, 1955-2004. Capital account liberalization had a positive association with growth in both developed and emerging market nations. We confirm that equity market liberalization has an independent effect on economic growth.
Researchers have available to them numerous indicators of financial openness and integration, many of which have yielded substantially differing results in past research, for example, on the ...relationship of financial openness or integration with economic growth. This article reviews the main indicators and finds that de jure vs. de facto indicators yield systematically different growth results. Among de jure indicators, sample differences account for much of the variation in growth results, with a weaker impact found in more recent data and among advanced economies. It also finds that many indicators capture different and useful facets of financial openness, such as intensive vs. extensive measures, and de facto vs. de jure. A small minority of indices suffer weaknesses that make them not useful for rigorous economic analysis, most notably the Investment Freedom Index by the Heritage Foundation.
A hydrogen-like atom consisting of a positive muon and an electron is known as muonium. It is a near-ideal two-body system for a precision test of bound-state theory and fundamental symmetries. The ...MuSEUM collaboration performed a new precision measurement of the muonium ground-state hyperfine structure at J-PARC using a high-intensity pulsed muon beam and a high-rate capable positron counter. The resonance of hyperfine transition was successfully observed at a near-zero magnetic field, and the muonium hyperfine structure interval of νHFS=4.463302(4)GHz was obtained with a relative precision of 0.9 ppm. The result was consistent with the previous ones obtained at Los Alamos National Laboratory and the current theoretical calculation. We present a demonstration of the microwave spectroscopy of muonium for future experiments to achieve the highest precision.
We propose that the global spread of ideas affects international economic openness policies, and that to omit ideology as an explanatory variable for economic globalization is to risk omitted ...variable bias. Using voting data, we create measures of global ideology regarding economic openness and propose that changes in both global and domestic ideology influence how open or closed to international finance an economy is. We also test other influences on liberalization, including proposed state-centered diffusion mechanisms. Using PCSTS and system-GMM models, we estimate the determinants of change in international capital account regulation for 82 countries, 1955 to 1999. We thereby examine diffusion of both liberalizations (1950s and 1990s) and closures (1960s and 1970s). Changes in both global and domestic ideology robustly influence liberalization and closure. The capital account policies of neighboring countries (positively) and of the leading economies (negatively) also influenced a country's capital account liberalization.
The branching ratio of the structure dependent (SD) radiative K+→e+νeγ decay relative to that of the K+→e+νe(γ) decay including the internal bremsstrahlung (IB) process (Ke2(γ)) has been measured in ...the J-PARC E36 experiment using plastic scintillator/lead sandwich detectors, in contrast to the previous E36 measurement, which used a CsI(Tl) calorimeter. In the analysis, the effect of IB was also taken into account in the SD radiative decay as Ke2γ(γ)SD. By combining the new data with the previous E36 result after revision for the IB correction for Ke2γ(γ)SD, a new value Br(Ke2γ(γ)SD)/Br(Ke2(γ))=1.20±0.07 has been determined. This is consistent with a recent lattice QCD calculation, but larger than the expectation of Chiral Perturbation Theory (ChPT) at order O(p4) and the previous KLOE value. Using the method to relate form factor and branching ratio described in the KLOE paper, the present result is also consistent with the form factor prediction based on a gauged nonlocal chiral quark model, but larger than that from ChPT at order O(p6).
The structure dependent radiative K+→e+νγ (Ke2γSD+) decay was investigated with stopped positive kaons. The e+ momentum spectra containing 574±30Ke2γSD+ events with a K+→μ+ν (Kμ2) background of 28±19 ...events were measured with and without a photon in coincidence and analyzed with Monte Carlo simulations for acceptance and detector response to extract the ratio of the branching ratio of the Ke2γSD+ decay and the K+→e+ν decay including the internal bremsstrahlung process (Ke2(γ)). A value of Br(Ke2γSD+)/Br(Ke2(γ))=1.12±0.07stat±0.04syst was obtained. This indicates a partial branching ratio, Br(Ke2γSD+,pe>200MeV/c,Eγ>10MeV)/Br(Kμ2)=(1.85±0.11stat±0.07syst)×10−5, which is 25% (∼2.5σ) higher than the previous experimental result.
Human artificial chromosomes (HACs) have several advantages as gene therapy vectors, including stable episomal maintenance, and the ability to carry large gene inserts. We previously developed HAC ...vectors from the normal human chromosomes using a chromosome engineering technique. However, endogenous genes were remained in these HACs, limiting their therapeutic applications. In this study, we refined a HAC vector without endogenous genes from human chromosome 21 in homologous recombination-proficient chicken DT40 cells. The HAC was physically characterized using a transformation-associated recombination (TAR) cloning strategy followed by sequencing of TAR-bacterial artificial chromosome clones. No endogenous genes were remained in the HAC. We demonstrated that any desired gene can be cloned into the HAC using the Cre-loxP system in Chinese hamster ovary cells, or a homologous recombination system in DT40 cells. The HAC can be efficiently transferred to other type of cells including mouse ES cells via microcell-mediated chromosome transfer. The transferred HAC was stably maintained in vitro and in vivo. Furthermore, tumor cells containing a HAC carrying the suicide gene, herpes simplex virus thymidine kinase (HSV-TK), were selectively killed by ganciclovir in vitro and in vivo. Thus, this novel HAC vector may be useful not only for gene and cell therapy, but also for animal transgenesis.
Boron (B) is an essential micronutrient for plants but is toxic when accumulated in excess. The plant BOR family encodes plasma membrane-localized borate exporters (BORs) that control translocation ...and homeostasis of B under a wide range of conditions. In this study, we examined the evolutionary divergence of BORs among terrestrial plants and showed that the lycophyte Selaginella moellendorffii and angiosperms have evolved two types of BOR (clades I and II). Clade I includes AtBOR1 and homologs previously shown to be involved in efficient transport of B under conditions of limited B availability. AtBOR1 shows polar localization in the plasma membrane and high-B-induced vacuolar sorting, important features for efficient B transport under low-B conditions, and rapid down-regulation to avoid B toxicity. Clade II includes AtBOR4 and barley Bot1 involved in B exclusion for high-B tolerance. We showed, using yeast complementation and B transport assays, that three genes in S. moellendorffii, SmBOR1 in clade I and SmBOR3 and SmBOR4 in clade II, encode functional BORs. Furthermore, amino acid sequence alignments identified an acidic di-leucine motif unique in clade I BORs. Mutational analysis of AtBOR1 revealed that the acidic di-leucine motif is required for the polarity and high-B-induced vacuolar sorting of AtBOR1. Our data clearly indicated that the common ancestor of vascular plants had already acquired two types of BOR for low- and high-B tolerance, and that the BOR family evolved to establish B tolerance in each lineage by adapting to their environments.
Construction of a new primary beam line, called the B-line, started in 2013 at the J-PARC Hadron Experimental Facility. The B-line is branched at the middle of an existing primary proton beam line ...(A-line) in the beam switching yard (SY), which is the connecting tunnel between the Main Ring (MR) and the Hadron experimental hall (HD-hall). At the branching point, about 0.1% of the primary beam is kicked off at 5 degrees using a Lanbertson magnet and two septum magnets. The Lambertson magnet has a field free hole in its yoke. The proton beam that goes through a field region is separated from the A-line, and it is extracted to the B-line. The rest of the beam that goes through the field free hole is transported through the existing primary beam line. Since a significant beam loss as much as 420 W occurs at the edge of field free hole, the magnets near the Lambertson magnet are operated under a very high radioactive environment. We have developed a "mini-chimney system" regarding easy maintenance of those magnets. The mini-chimney means a vertical tower of approximately 1m in height. The tower is comprised of water pipes, power electrodes, and signal cables for safety interlock. Those can be easily connected and disconnected at the top of chimney on the ceiling iron shields. In this paper we summarize the maintenance scheme developed for the B-line, as well as the design of B-line.In May 2020, the first proton beam was successfully extracted to the B-line by means of the Lambertson and the septum magnets. Up to now, the 10 10 protons per 5.2 sec accelerator cycle shot have been available.
In the decommissioning work for concrete walls of PET-cyclotron rooms, an in-situ measurement is expected to be useful for obtaining a contour map of the specific activity on the walls without ...destroying the structure. In this study, specific activities of γ-ray-emitting radionuclides in concrete walls were determined by using an in-situ measurement method employing a portable Ge semiconductor detector, and compared with the specific activity obtained using the sampling measurement method, at the Medical and Pharmacological Research Center Foundation in Hakui, Ishikawa, Japan. Accordingly, the specific activity could be determined by the in-situ determination method. Since there is a clear correlation between the total specific activity of γ-ray-emitting radionuclides and contact dose rate, the specific activity can be determined approximately by contact dose-rate measurement using a NaI scintillation survey meter. The specific activity of each γ-ray-emitting radionuclide can also be estimated from the contact dose rate using a NaI scintillation survey meter. The in-situ measurement method is a powerful tool for the decommissioning of the PET cyclotron room.
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