Measuring Short Run and Long Run Relationship Between Gdp Per Capita and Consumption Per Capita of India free essay sample

By Rizwan Mushtaq Under supervision of Mumtaz Ahmed ABSTRACT This study is based on examining the relationship between income and consumption series of India covering the period of 1980-2009. Data about certain indicators were obtained from the official web site of World Bank. In first step of data analysis appropriate ARMA model was determined using correlogram and information criteria as well, and applied to the consumption data only. These models (ARMA and ARIMA models) are built up from the white noise process. We use the estimated autocorrelation and partial autocorrelation functions of the series to help us select the particular model that we will estimate to help us forecast the series. Second step of data analysis was comprised of co-integration and Error Correction model. It was found that per capita Gross Domestic Product and final household consumption per capita of India are not cointegrated. It was observed that both the series are integrated at order two I (2). We will write a custom essay sample on Measuring Short Run and Long Run Relationship Between Gdp Per Capita and Consumption Per Capita of India or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page But second condition of co-integration was not satisfied, the residuals were not found stationary. Hence it might be possible to conclude that there is no long run relationship between consumption and GDP series of India. As we know that the series are not co-integrated so we cannot apply Error correction model, but for the sake of understanding more specifically we also applied Error Correction Model. The adjustment co-efficient was not up to the standard it was around zero, it suggest that there is no need to make adjustments. Keywords: Gross Domestic Product, Consumption, ARMA, Co-Integration, Error Correction Model 1 AUTOREGRESSIVE MOVING AVERAGE PROCESS 1. Moving Average Process ARMA assumes that the time series is stationary-fluctuates more or less uniformly around a time-invariant mean. Non-stationary series need to be differenced one or more times to achieve stationarity. ARMA models are considered inappropriate for impact analysis or for data that incorporates random shocks†. More specifically an ARMA (pq) process is a combination of AR (p) and MA (q) models. Such a model states the current values of some series y depends linearity on its own previous values plus a combination of current and previous values of a white noise error term. The model could be written as: Keeping the effect of (Yt-1, Yt-2, Yt-3, Yt-4) fixed. ACF and PACF patterns for possible ARMA (p,q) models are as follows: AR(Process) MA(Process) ACF PACF ACF PACF Geometrically Number of non-zero It is significant at and It declines declines points = order of AR up to order of MA geometrically process, it takes non- process zero value up to order of AR ARMA (p,q) Process ACF Declines geometrically PACF Declines geometrically This methodology used sometimes and have certain flaws and issues. If both ACF and PACF declines geometrically we got ARMA procedures, just see the graphs and decide. BOX-JENKINS APPROACH They provide a methodology to fit an ARMA model to any given data series. It tells how to fit your ARMA model, there approach involves three steps: i. ii. iii. Identification Estimation Diagnostic Step 1: Identification Determining the order of ARMA model. This is done by plotting both ACF and PACF overtime. It tells us what order should we keep. Step 2: Estimation In this ste p we estimate the parameters of the model specified in Step I, using OLS and Maximum Likelihood method, depending on the model. Step 3: Diagnostic In this step model checking takes place. Box and Jenkins suggested two types of diagnostics 1) Over fitting (deliberately fitting a larger model than that is required) 2) Residuals diagnostic (Checking residuals for independence using Ljung-box test). Drawbacks in Box and Jenkins Approach Most of the time plot of ACF and PACF do not provide a clear picture. They do not match with deciding criteria; neither has MA nor AR process. So where we have messy real data we are unable to know which model is to use, and interpretation is very hard in this case. 7 Solution to This Problem Solution to this problem is to use the information criteria. Several criteria are available in literature but the most important criteria are discussed here. 1) Akaike’s Information Criteria AIC 2) Schwarz’s Bayesian Criteria SBIC 3) Hannan-Quinn Criteria AIC = ln(? ^2) + 2k/T SBIC = ln(? ^2) + k/T * lnT HQIC = ln(? ^2) + 2k/T * ln(lnT)) Where ? ^2 = RSS/T-K T= No. of observations, K=No. of regressors HQIC When plots are difficult to interpret and decide. We use information criteria; SBIC is considered the best one. The minimum value of SBIC is acceptable. CO-INTEGRATION 1. Integration To understand co-integration, it is essential to discuss integration first. A series is said to be cointegrated of order (1), if it becomes stationary after taking the first difference. The original series will called integrated at I (1) if it attains staionarity at second difference the series will called integrated at order two which can be written as I (2). And if the series become stationary at order (p) time the original series will be I (p). 8 2. Co-Integration After brief explanation of integration, now it is palpable to interpret co-integration. If two variables that are I (1) are linearity combined, then the combination will also be I (1). Two and more series (Xt, Yt) are said to be co-integrated if, i. i. They have same order of integration The residuals obtained from regressing Y on X are stationary. These two conditions must be fulfilled otherwise series will not considered as co-integrated. Engle and Granger, Procedure of Co-Integration Engle and Granger, proposed a Procedure for Co-Integration in (1987). X ? I (1): X is integrated of order (1) Y ? I (1): Y is integrated of order (1) Series X and Y are said to be co-integrated at order One I (1). They are actually non-stationary at level and become stationary at first difference. The combination of series X and Y will also be integrated at order one, it can be expressed as: Z = ? X + ? 2Y Z ? I (0) This process involves four steps: 9 Step I: Test the variables (x, y) for their order of integration using ADF. a) If both (x, y) are integrated of order (0) i. e. both are stationary at level than there is no need to test X, Y ? I (0). b) If both variables (X Y) are integrated of different order, than their will be no cointegration. c) If both variables (X Y) are integrated of same order, than proceeds to step II. Step II: Estimate long run (possible co-integration) equation if, X Y ? I (1). Here one thing should be noted that 95% of the economic series become stationary at order (1). If X Y ? I (0). Than estimate the following equation and get residuals Yt = ? 1+ ? 2 Xt + ? t Step III: Check the order of integration of residuals i. e. residuals are tested for stationary using ADF. It is important here to note that stationarity of residuals is tested by estimating the model without intercept and without time trend. So, estimate the following model. ? ? 10 Note: estimate this model and test the null hypothesis, also note that we have to use different critical values which are more negative than the usual Dickey-Fuller critical values, use critical values proposed by Engle and Granger. Step IV: In step 4 we estimate Error Correction Model (ECM). It gives us both short run and long-run impacts of X on Y, and also provides the adjustment co-efficient. Which is the co-efficient of lagged values of error term i. e. et-1. ERROR CORRECTION MODEL Error Correction Model (ECM) simply corrects the error. Here one thing is important to discuss that if variables X Y are co-integrated than the residuals (et) obtained from regression of Y on X will be stationary. It might be expressed in this way: et ? I(0) So, we can express the relationship between X and Y in the form of an Error Correction Model as: ?Yt = b1 + ? Xt + ? t-1+ Vt†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ (10) Where, b1 = is short run impact of x on y. Vt = is the error term. And ? is the co-efficient of et. It is also called adjustment co-efficient, feedbacks and adjustment effect. If ? = 1 than 100% of adjustment taking place. If ? = 0. 5 than 50% of adju stment taking 11 place, and If ? ? 0 than there is no need to make adjustments. Basically Error Correction Model provides us both short run and long run impacts of X on Y. EMPIRICAL ANALYSIS ARMA 1-Identification Figure: 1 Correlogram Consumption Step I: As we know that the first step of ARMA is identification, it is done through correlogram. Figure: 1 Correlogram consumption denotes the typical processes from the ARMA family with their so called characteristics autocorrelation and partial autocorrelation. These described function of autocorrelation are not derive from relevant formula, rather are estimated using underlying simulated observations with disturbance drawn from a normal distribution. Figure: 1 articulates that the autocorrelation and partial autocorrelation functions are significant at lag 1, while the autocorrelation function declines geometrically, and is significant until lag 3. Plot of the 12 onsumption series (see appendix figure 1) also shows increasing trend which represents that the series is integrated, and we need to proceed with taking logarithms and first differences of the series. Step II: We now in step two because of above behavior of consumption series which we observe through correlogram. Here we take the log of consumption series and then first difference of said series. Below are the comman ds that are used to do so: genr lcons=log(cons)†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. (i) genr dlcons=lcons-lcons(-1)†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. (ii) We get correlogram of newly created dlcons (log-differenced) series, which is portrayed here: Figure: 2

Imagine and The Dream Weaver essays

Imagine and The Dream Weaver essays "Imagine" by John Lennon is a philosophical song about peace in the world. It relates to "The Dream Weaver" by Jack Bowen because throughout the book, the Old Man asks Ian to "imagine" many things, from two artists, to their conversation being just a dream. Imagination is important to philosophy, because imagining something can be the first step in creating it. The song begins: "Imagine there's no heaven It's easy if you try Nowhere below us Above only sky" (Lennon), and that is another important aspect of this book God. In fact, one entire chapter is devoted to God in the book and whether he exists or not. Lennon's song also discusses God, but in a way that asks people to give up their religion so people will not die fighting over religion. He writes, " Imagine there's no countries It isn't hard to do Nothing to kill or die for And no religion too Imagine all the people Living life in peace..." (Lennon). Just as the book notes that God's existence cannot be proven, Lennon notes that religion (not faith), has been the cause of many wars throughout history. Faith allows people to believe in God, while religion and its rules allow people to fight one another for what they think is right. Lennon wants the world to change by imagining a better world. Ian changes in the book by imagining impossible things and learning about philosophy. Both the song and the book have important messages, and want to get those messages across to others. Lennon did it with music, while the author does it with a children's book about philosophy. Both the song and the book use imagination to create a better place. Lennon creates dreams for people with his songs, dreams of a better world. At the end of the book, Ian becomes a certified "Dream Weaver," someone who can create dreams for people. Therefore, in the end the two are very much alike. Lennon could be considered a dream weaver too, because his songs created dreams for people...

Derecho and Derecha, Two Confusing Spanish Words

Derecho and Derecha, Two Confusing Spanish Words Two easily confused Spanish words are derecho and derecha. Both are distant cousins of the English words right and direct, and that is the source of the confusion: Depending on the context and usage, these words can carry meanings such as right (the opposite of left), right (entitlement), straight, upright and directly. ‘Derecho’ and ‘Derecha’ Explained These words are easiest to understand as nouns: El derecho is never a term of direction and is used to refer to something that is due a person according to law, moral principle or custom - in other words, a right. When used in the plural, it typically means rights such as in the phrase derechos humanos, human rights. It can also refer to a type of right that is less abstract. For example, derechos del autor (literally, authors rights) refers to royalties.La derecha refers to something that is on the right (opposite of left) side. It can refer to, for example, the right hand and the political right. The adverbial phrase a la derecha is common and means to the right or on the right. As an adjective, derecho (and derived forms derecha, derechos and derechas) can mean right (the opposite of left, as in el lado derecho, the right side), upright (as in el palo derecho, the upright pole), and straight (as in là ­nea derecha, straight line). Usually the context will make the meaning clear. Except in bad Spanglish, derecho as an adjective does not mean correct. As an adverb, the form is derecho. It typically means straight ahead or in a straight line as in anduvieron derecho, they walked straight ahead. Sample Sentences Here are some examples of these words in use: No tienes el derecho de iniciar la fuerza contra la vida, libertad, o propiedad de otros. (You dont have the right to initiate the use of force against the life, liberty or property of others.)Estos cambios pueden tener un impacto negativo contra los derechos al voto de minorà ­as raciales. (These changes can have a negative effect against the voting rights of racial minorities.)Queremos el derecho a decidir para toda la gente. (We want the right to decide for all the people.)Como consecuencia de este incidente sufrià ³ una herida grave en el ojo derecho. (As a result of this incident he suffered a serious injury in his right eye.)El coche es caro, pero no me funciona la luz de cruce derecha. (The car is expensive, but the right turn signal doesnt work for me.)El espejo derecho no es obligatorio salvo que algo nos obstaculice el uso del espejo interior. (The right-side mirror isnt mandatory unless something blocks our use of the interior mirror.)Siguià ³ derecho por un tiempo ante s de que parara. (She continued straight ahead for some time before she stopped.) Nunca he negado que hay diferente tipos de derechas. (I have never denied there are different types of conservatives.)Espero que la pared de la cocina està © derecha. (I hope the kitchen wall is straight up and down.)Gire a la derecha desde la rampa de salida. (Turn to the right from the exit ramp.)Por tradicià ³n el guila de la bandera mira a la derecha. (Traditionally, the eagle on the flag looks to the right.) If You Need To Say ‘Left’ Whether referring to physical direction or politics, the noun form for left is izquierda. The adjective form is izquierdo and its variations for number and gender. Zurdo is the adjective usually used to refer to someone who is left-handed. Some sample sentences: Sufro de constante inflamacià ³n en el ojo izquierdo. (I constantly suffer from inflammation in my left eye.)Se dice que un partido es de la izquierda cuando tiende a buscar una mayor distribucià ³n de las riquezas. (They say that a party is from the left when it tends to pursue a greater distribution of wealth.)La imagen a la izquierda muestra la rotacià ³n del planeta. (The image on the left shows the planets rotation.)Fue designado como mejor atleta zurdo del paà ­s. (He was named the countrys best left-handed athlete.) Key Takeaways As an adjective, derecho (and its feminine and plural forms) can mean the opposite of left as well as upright or straight, and it can also serve as an adverb to refer to action straight ahead.But as a noun, el derecho never refers to a direction. but to an entitlement.The noun form for something on the right (opposite of left) side is derecha.

Discuss the theory of Optimal Capital Structure Essay

Discuss the theory of Optimal Capital Structure - Essay Example It gives the Weighted Average Cost of Capital (WACC). If the firm needs to have the lowest WACC, it should design its capital structure in such a way that the debt equity ratio is high which would bring down the WACC. The Optimal Capital Structure is that mix of debt and equity that maximizes the firm’s value or minimizes the cost of capital. There is no standard mix of debt and equity that maximizes the firm’s value, but each firm should strike a balance between risk and return thereby maximizing the share price, depending on its size and financial position. 1) If the firm size is small, it is difficult to make regular principal and interest payments in the event of shortages in generating substantial cash flow. Such firms face heavy fines and penalties by the creditors. Trade-off Theory: Maximum debt can be raised when the share price is at its maximum. If the firm raises any more debt, the share price will decline. The point where share price is maximum, it is the trade-off point; risk and return are both at their peaks. Any change would cause a disbalance in the position of risk and return. The maximum risk involved is that of bankruptcy and the maximum return is the maximum value of the shares. Below is a graph that depicts the trade-off between risk and return. Signaling Theory: This theory states that when the firm issues bonds for debt financing, it sends out a positive signal in the market. The cost of borrowing will be low as compared to the return the firm will get by putting money in that project. When the firm issues shares for equity financing, it gives out a negative signal in the market because it reflects the credibility of the company and insinuates that the firm cannot raise finance by borrowing from the market and that it is in dire need of funds. 5) Future flexibility. The firm should leave room for maneuvering and have flexibility in the capital structure

Television Research Paper Example | Topics and Well Written Essays - 750 words

Television - Research Paper Example Thus, for example, Steven Johnson strongly believes that TV, or some shows on TV might give its viewers â€Å"a good cognitive workout† (169). Such a mental workload can be activated through the shows that offer to its viewers the dialogues among various characters supplied with intersecting threads to follow, and to solve puzzles and mysteries, hidden in scenario. Current reality makes people to integrate massive amount of various information and this skill could be developed through TV shows that make its viewers to pay attention, track shifting social relationships and make inferences (Johnson 170). Despite the fact that there are some positive arguments for media and TV in particular, there are some obvious negative arguments as well. In addition to potential cognitive workout that can be obtained through the TV, children and adolescents can easily get an impressive portion of violent behavior. This threat is critical for children before age of 8, when they are not capable yet to discriminate between fantasy and real life (Introduction to Media Violence, n.p.). According to the American Academy of Pediatrics, on-screen violence is as real to this category of children as violence that they witness either at home or in their environment (Introduction to Media Violence, n.p.). ... In addition to the threat of violence perception through the media, excessive Internet use also might result in some negative consequences, including: cyber bullying, sexualization of children, dependence, and other harm to psychological function (Impact of Media on children 43). In addition to the threat of violence setting among children and young adolescents, media has impact on young people through the images and popularization of sex and drug use. Besides violence scenes, there is an abundant language referencing sex, sexual insinuation and sexual behavior reflected through both cable television and Internet. According to the study of 2002, the primetime television featured tobacco in 22%, alcohol in 77%, and illicit drug use in 20%. (Larson 169). Thus, continuous promotion (either active or passive) of sex, alcohol, and drug use causes desensitization to those behaviors among young adolescents. In addition to the all above stated threats, media also causes higher body and appea rance dissatisfaction, especially among young girls who tend to emulate the appearance of models (Bell and Dittmar 478). In addition to the above stated arguments, there is an opinion that the pervasiveness of television, radio, film, the World Wide Web and publishing works a harmful trigger of globalization impact (Introduction to Mass Media: Opposing Viewpoints n.p.). There is a strong belief that some of the far-reaching mass media act as catalysts for violence and protest against the West. While all we believe in freedom of speech and ethics of journalism, it is obvious that majority of the mass media sources are the tactical instruments in hands of politicians, national, international and local corporations/businesses. People can choose to hear or to see only

Us History LO 23-27 Essay Example for Free

Us History LO 23-27 Essay The Secession of the South was not, initially, a matter of bloodshed. In the beginning the movement toward secession was based solely on legal and political grounds. In the North, te newly elected President Abraham Lincoln vowed to preserve the Union but also vowed not to be the first to spill blood over the crisis of secession. In the South, however, the feeling of euphoria mixed with antagonism toward the North which swept over the Southern states resulted in a crisis-within-a-crisis when the issue of Fort Sumter became the unforeseen trigger of the Civil War. By 1861, in the newly seceded states, the only remaining property in Union hands were two obscure forts in the Florida Keys along with Fort Pickens on an island at the mouth of Pensacola Bay and Fort Sumter on an island in Charleston harbor. Fort Sumter had become a commanding symbol of national sovereignty in the very cradle of secession, a symbol that the Confederate government could not tolerate if it wished its own sovereignty to be recognized by the world. Would Lincoln use force to defend Sumter? 1 In fact, the issue of Fort Sumter was resolved by violence with the Fort surrendering after a short period of bombardment from Confederate forces. This early victory for the South would prove to be pyric in nature as it touched off a larger conflict which they could not hope to win. Only the Southern resourcefulness and conviction in their right to secession prolonged the war as long as it could be prolonged, as the North commanded a superior economy, superior manpower, and superior armaments from the wars beginning to its end. Question 2: Explain the various internal political conflicts in the North, focusing on Copperheadism and the 1864 campaign. By the time of the 1864 elections, there was a strong sentiment brewing in the North for finding an end to the Civil War, whether or not this end would bring about the immediate reintegration of the Southern States into the Union. The Democratic party in tye North chose to run McClellan as a probable peace candidate against Lincoln. This , in turn, brought upon accusations that McClellan was a Souther Sympathizer or a copperhead as they were often called in the A Civil War era. Copperheadism, in fact, became a core issue of the Persidential election; as Union military victories portended a continuation of Lincolns war-policy, Far to the north George B. McClellan digested the news of Atlanta as he wrote his letter accepting the Democratic nomination. If he endorsed the platform, or said nothing about it, he would by implication commit himself to an armistice and negotiations. McClellan felt great pressure from the partys peace faction to do just that 2 Basically, an armistice was desired by certain peace factions in the North who were painted as copperheads by their detractors who supported the continuation of the war. True copperheads were those in the North or border states who were Southern sympathizers. The 1864 election turned out to be a referendum on the war itself, obviously, with McClellan having been successfully painted by his opponents as a peace candidate and perhaps even a copperhead. The Democrats Janus face toward the war presented Republicans with an easy target. 3 Question 3: Explain why the North won the Civil War and why the South lost. The South suffered a military defeat which wa exacerbated by its inabiolity to gain International, specifically European, recognition and thus the ability to break the Union naval blockade and open up to international commerce. The military defeat of the South was total. The Civil War is often called â€Å"the first modern war. † It saw the introduction of rapid-fire weapons. Trenches were first used extensively in battle. The railway and the telegraph were first used in a large-scale war. The campaigns of Lee, Jackson, Grant, Sherman, and Joseph E. Johnston were studied aboard for new concepts of strategy and tactics. At sea, ironclad ships and rifled cannon had made the wooden navies of the world obsolete. Few observers at the start of the American Civil War imagined the ultimate de-evolution of the war from its psuedo-Napoleonic beginnings with armies in formation maneuvering along classical military lines to achieve a tactical advantage. Because so many of the generals on both sides of the war derived their knowledge of battlefield tactics from the same sources, particularly Jomini, and also because many of the generals on either side received training at West Point, the wars beginning gave but a small hint of the total war which would be achieved by the close of 1865. In fact, the realization that much more than battlefield victory would be necessary to put down the Southern rebellion was slow to be reached by Lincolns generals. It was Sherman, perhaps, who first understood the underlying economic nature of the war, realizing that the Union with its superior material and financial power would ultimately prevail. However, his conception of how to convince the South of this truth was founded on a concept of total war, a strategic approach first used on the famous march to the sea. During this late period of the war, Sherman envisioned a dazzling campaign to march his army across Georgia to the sea, tearing the Confederacy asunder, and destroying everything in his path. (Ades, 226) The ensuing destruction wrought havoc and despair on the civilian population of the South and undermined the Souths economic and psychological ability to survive. The idea of war as a psychological tool of destruction was both new and devastatingly powerful. It turned out that the Georgia countryside had an abundance of supplies for Shermans 62,000 strong army. Nearly all the fighting took place on Southern soil, so that section suffered heavy war damage. Some regions, such as central Georgia and the Shenandoah Valley, were deliberately ravaged. Freeing of the slaves added a property loss estimated at $2 billion. The Federal government spent more than $6 billion on the war; the Confederacy, perhaps $ 2 billion. Both sides sustained heavy casualties. There were far more deaths caused by disease than by combat. Estimated total deaths are 360,000 for the union army and 260,000 for the Confederate army.

Manatee :: essays research papers

Manatee   Ã‚  Ã‚  Ã‚  Ã‚  The manatee popularly called the sea cow is any of the species of large water animals in the genus Trichechus. There are three species of manatee with T. inunguis found in the Amazon and Orinoco river systems; T. manatus is found in central Florida and along the Gulf of Mexico and Caribbean coasts; and T. senegalenis found in the rivers of tropical West Africa. A manatee is a slow moving, seal shaped mammal that lives in shallow coastal waters where rich plant grows. It usually is at home in salt or fresh water but rarely straying far from home.   Ã‚  Ã‚  Ã‚  Ã‚  A manatee is grayish-black stout thick skinned animals and almost hairless. Its corpulent body tapers to a horizontally flattened, round tail. The fore limbs are set close to it’s head and are used to push algae, such as seaweed and other water plants toward their mouths. They have a small head, with a straight snout and cleft upper lip with bristly hairs. Adults can grow up to 15ft (4.6 meters) but they usually only grow to about 10 feet. They weigh an average of 1300 pounds.   Ã‚  Ã‚  Ã‚  Ã‚  Manatees live in small family groups sometimes up to herds of 15-20. After a gestation of up to 6 months, usually a single pinkish calf is born. Manatees ferquently communicate by muzzle to muzzle contact and when alarmed they emit chripy squeaks.   Ã‚  Ã‚  Ã‚  Ã‚  The number of manatees has been reduced over the past several years due to heavy hunting for their hides, meat, and blubber oil. Some governments, including the United States, have placed the manatees under the endangered species list. One practical reason for this is that they have proved useful in clearin girrigation and transport channels clogged with aquatic plant life.

What You Eat Is Your Business Radley Balko Summary

In his article â€Å"What You Eat Is Your Business,† Radley Balko argues that the way the government is spending a lot of money for anti obesity measure is the wrong way to prevent obesity. Balko suggests that the people need to responsibility on their own health matter. He thinks the best way to slow down the public health is to include obesity in our private matter, which means having people pay for their own medical needs because he believes that it would force people to face the consequences and to make them more responsible.I agree with Balko’s position because people tend to be less responsible for them when they are not the one paying for their prices, but what they don’t know, is soon they will be paying the price no one can offer to help. Balko stated at the end of his article,† We’ll all make better choices about diet, exercise, and personal health when someone else isn’t paying for the consequences of those choices. I strongly agree with Balko because I do also believe that the only way to make to make people make better choices about their health is when someone isn’t paying for their consequences. My experience with this, people I know who are not under their parents insurance, they tend to watch what they eat and exercise daily to stay healthy. They know if something was to go wrong, they will have to pay their medical bills out of their own pocket. Those who I know that do have insurances, tend to careless of what they do and eat, because they someone else is paying for your consequences.

Pamantasan ng Lungsod ng Marikina Essay

There are lots of effects which DotA brings to our society, to be particular, the youth. With no doubt this game is one of the hottest game in the market. In every Cyber Cafe you can see gamers stick with their screen and mouse and  keyboard, with their face that full of concentration and excitements finding ways to defeat their opposing team or enemies. Actually Computer games or DotA serves as a platform for youth to communicate. Teenagers who initislly don’t know each other can easily become friends through Computer games or playing DotA. Chapter I Introduction DotA effects have been continue for several years since the launch of the War of War Craft and the Frozen Throne. Almost every people especially the youth has played this game at the very beginning of the years. What is the content that DotA offers to the gamers? And how’s the excitements that brings towards the gamers. And you may ask a key question, how long will DotA effects last? The lifestyle of the youth who have been playing Computer Games especially DotA is affected by the game. There are both advantage and disadvantages for them. Let’s talkl about the advantages first. As one of the most playable games online, DotA can make the players become alert in the mental, They will also turn to be strategic and cooperative through computing the magic, damages, gold, physical reduction, present and other stuff, they will get more lore in mathematics. Thus the youth can also get some benefits on playing Computer games. Statement of the problem or Thesis Statement Why is Computer games or DotA so Addicting to Students? 1. A Time killer Boredom is the most common problem of most people today. DotA can consume a lot of time without you even noticing it . you just say after the game â€Å"WTF !, Im late !† 2. Non-exhasuting game Unlike basketball or other physical sports , you can play DotA until you can still mangae to sit, look at the monitor, use mouse and keyboard and think, Yes , using your is aslo tiring but it’ll takes an average of 3 games before you’d want to take a rest 3. Fame Source Most players want to be the best in this game to gain fame which I find natural but technically nonsense. I have to admit that thirst for fame drove me to practice and improve my game. After getting the fame I wanted, I asked myself â€Å"Now what?†. For players who don’t have plan on having DotA as their profession ,Fame isn’t that important. 4. Team work game – When we were kids, we already love having team battles. That’s why a lot of team sports games cames up and multi-player computer games have been invented. Playing with teammates is more addicting than playing alone. 5. Tranquilizing DotA makes you forget your problems and make you think of simpler problems (like how to win the game) 6. Non violent war We love wars. That’s why there are shows like Wrestling, UFC ,Action films , etc. DotA is a chance to engage in wars safely. We can fight all day long and just stand up from our computer without even having a scratch on our face. 7. Easy to play Surveys shows that DotA is played by more people thatn other strategy like Starcraft. One of the reason is its simplicity. You only have to control one hero (great news for people who are not into doing micros.) 8. No height or physical disadvantages In basketball you cannot have a team composed of 5 short players. In Rugby , you should be muscular. In DotA you can be as thin and as short as you want and still own everyone. 9. Losing makes you thirsty to win On the other hand, losing is still addicting because you become more urge to have that wonderful feeling of winning. 10. Winning feels Good Yup, winning in every game makes you feel good and addicting. Background of the Study Significance of the study How to overcome DotA Addiction ? 1. Accept responsibility The problem lies within the individual, not within DotA. No attempt at beating addiction can succeed until the individual accepts its existence. 2. Identify the Impact How many hours a day do you spend playing DotA? Do you normally go out on the weekend?When was the last time you read a book?Identifying the negative impacts of the addiction will help you focus on positive improvements and getting back the things that you really are missing. 3. Avoid Blame Blaming others for problems that you alone must face does not solve the problems. 4. Set limits If you decide that you have 1 hour per day to spend playing DotA. Since DotA requires many hours of gameplay to have fun, you likely should consider a different game or different genre of games. 5. Stay positive Be positive whenever possible. While negative reinforcement is sometimes necessary, positive reinforcements will always go further in the end. What is DotA ? DotA is basically game expanded from version of War of War Craft, which initially a strategic game similar to Red Alert Series. But eventually evolved into current state. Gamers can play Dota in a Wide range ; from single player, local LAN, or LAN over internet connection with various country’s gamers. There contain variety of Heroes to be chosen as your character, There are many type of gaming modes , and different type of map for the game modes. There are lots of gamers who are more expert in the world of playing DotA . Chapter V Summary and Conclusion Summary and Conclusion We know that Playing computer games especially DotA brings bad effects to the students, they influenceed by the other gamers like â€Å"trash talks† they know how to gamble because they are playing DotA for â€Å"pustahan†. DotA really affects the lifestyle of the youth who are into this game, although it has one good benefit, but it corrupts the mind and the way the youth think. It also weakened the body system, money and moral values were not given importance because of this game.

Compound Prepositional Phrases in Spanish

Compound Prepositional Phrases in Spanish Prepositions are handy words for showing the relationship among the various words in a sentence. But with something like only two dozen prepositions available, youre limited if you stick to simple prepositions to indicate the connection that a noun or pronoun might have with another word. Fortunately, both Spanish and English have a wide range of prepositional phrases, also known as compound prepositions, that function in much the same way as simple prepositions Using Compound Prepositions An example of compound preposition can be seen in a sentence such as Roberto fue al mercado en lugar de Pablo (Robert went to the market instead of Paul). Although en lugar de is made up of three words, it functions much the same as one word and has a distinct prepositional meaning as a phrase. In other words, like single-word prepositions, prepositional phrases show the connection between the noun (or pronoun) that follows and other words in the sentence. (Although you could probably figure out what en lugar de means by translating the individual words, that isnt true of all prepositional phrases.) The list below shows some of the most common phrases that function as prepositions. Prepositions can also be used in phrases that are used as adverbs, as explained in our lesson on adverbial phrases. As you can see in the examples following this section, not all Spanish prepositional phrases are best translated as prepositional phrases in English. abajo de - underneatha bordo de - aboarda cambio de - in exchange or trade fora cargo de - in charge ofa causa de - because ofacerca de - about, concerningadems de - besides, in addition to, as well asadentro de - insidea disposicià ³n de - at the disposal ofa excepcià ³n de - with the exception of, except fora falta de - due to the lack of, in the absence ofa fin de - with the goal or intent of, in order toafuera de - outsidea fuerza de - by means ofal contrario de - contrary toal estilo de - in the style of, in the manner ofal frente de - at the forefront ofal lado de - next toalrededor de - aroundantes de - before (in time, not location)a pesar de - in spite ofa prueba de - roughly equivalent to the English suffix -proofa punto de - on the verge ofa travà ©s de - through, acrossbajo condicià ³n de que - on the condition thatcerca de - nearcon rumbo a - in the direction ofde acuerdo con - in agreement withdebajo de - underneath, underdelante de - i n front ofdentro de - withindespuà ©s de - after detrs de - behind, afteren caso de - in case ofencima de - on top ofen contra de - againsten forma de - in the shape ofenfrente de - oppositeen lugar de - instead of, in the place ofen medio de - in the middle ofen vez de - instead ofen và ­as de - on the way tofuera de - except forfrente a - opposite, towardslejos de - far frompor causa de - because ofpor razà ³n de - because of Samples Sentences Using Compound Prepositions Las complicaciones despuà ©s de la cirugà ­a de cataratas pueden incluir visià ³n opaca o borrosa. (Complications after cataract surgery can include dull or blurry vision.) A pesar de todo, digo sà ­ a la vida. (Despite everything, I am saying yes to life.) Vea nuestra coleccià ³n de cmaras compactas a prueba de agua. (See our collection of compact waterproof cameras.) La ciudad grande est a punto de un desastre ambiental. (The large city is on the verge of an environmental disaster.) No busques ms hoteles cerca de este. (Dont look for more hotels near this one.)  ¿Por quà © los gatos duermen encima de sus humanos? (Why do cats sleep on top of their humans?) Muchas cosas cambiaron por causa de mi error. (Many things changed because of my mistake.) Key Takeaways Compound prepositions in both English and Spanish are phrases that function in the same way as single-word prepositions.Meanings of compound prepositions cant always be determined by the meanings of the individual words.

Assess the significance of Judith Butler’s work

Assess the significance of Judith Butlers work The modern meaning of the word 'gender' emerged in the 1970s. Its original purpose was to draw a line between biological sex and how particular thoughts and behaviours could be defined as either 'feminine' or 'masculine' (Pilcher & Whelehan, 2004). The reason for using the word 'gender' was to raise awareness of the exaggeration of biological differences between men and women. The popularity of this meaning for the word 'gender' resulted from the efforts of second wave feminism in the 1970s. This essay examines how second wave feminism attempted to construct a 'grand narrative' of women's oppression. It then examines Judith Butler's contribution to post-modern feminist theory through her performative theory of gender and how this fits into post-modern feminist debates. A product of second wave feminism, which began around 1970, was the attempt to place women within a 'grand narrative' history of their oppression. One of the seminal writers on this narrative was Simone de Beauvoir. H er work in describing how women had become 'the other' in her book The Second Sex (de Beauvoir, 1961) laid the foundations for what was to come in the second wave of feminism (Gamble, 2002). De Beauvoir argues that the way in which men think about women is only in relation to their fantasies, that they have no substance of their own. Unfortunately, for de Beauvoir, women have come to accept men's fantasies of womanhood as constituting their own conception of themselves. For de Beauvoir, it was for women to conceive of themselves in their own terms, to take back the power themselves. A criticism of de Beauvoir's approach was that it tended to blame women for their current condition (Gamble, 2002). The second wave feminists of the 1970s, however, such as Millet (1970), pointed to patriarchy as the root cause of women's oppression. It is patriarchy, so Millet argued, that has become a political institution, and from this flows all the other forms of women's oppression. Firestone (197 0) also took a strong line against patriarchy, equating women's oppression to a caste or class system. Ideological support for patriarchy, in Firestone's view, has come from institutions such as the family, marriage along with romantic love. These ideas are referred to as constructing a 'grand narrative', a way of charting the history and development of particular ideas, in this case women's oppression (MacNay, 1997). One of the problems that much feminist thought has come up against in trying to provide a 'grand narrative' of women's oppression is that it is difficult to effectively give all women a common identity (Whelehan, 1995). If the very idea of gender flows from cultural origins, then it is only natural to conclude that gender has different meanings in different cultural contexts. How then can a common identity be posited? Other critics such as Richards (1982), examining second wave feminism from a liberal perspective, have seen it as a movement that has failed. Richards se es many of the feminist approaches as being extreme and unattractive, and not focussing, as she sees it, on rational debate. She criticises feminists for utilising 'eccentric' arguments which do not conform to the normative expectations of philosophical debate. Further, she criticises feminism for ignoring the obvious differences between men and women – such as women's ability to have children – and thereby presenting an unrealistic picture of utopian gender relations.

Research and Analysis of Business Problems Essay

Research and Analysis of Business Problems - Essay Example (Anon. 2009) - 1. Its revenues are highly dependent on the sales of trucks and SUVs which are quite famous in the market. Of late, the demand for these heavy vehicles has started to dwindle due to the ongoing recession since 2007. 2008 has particularly been a very difficult year for the automotive as well as Ford motor company. Questions are being raised about its very sustainability because the demand for its famous products has fallen very drastically. Not only that, because the company did not think of catering to the small car market from past ten years, many loyal customers who are in need of such cars are now shifting towards other companies. The result of such lapse in conquering the small car market is the closure of 12 manufacturing facility units in North America. Not only that, several tough decisions like layoffs and attritions have also been taken in the recent past. Buyouts were also undertaken to reduce the U.S. payroll. These are the general issues which every automotive company would face. However, capturing the North American markets and entry into emerging markets through its small and midsize car production are the necessary actions to be taken up to ensure sustainability and improve on its balance sheet. For this, it needs to do responsible restructuring instead of downsizing the company. It needs to shift its workers from the production of the trucks and SUVs to small and midsized cars. Thus, it can address the ethical issues which encircled the organization during the previous attritions. Feasibility analysis has to be conducted to understand the expected demand for its small and midsized cars. According to that demand, it needs to estimate the production for which cost-benefit analysis has to be drawn out. This will clarify the term within which the company plans to return back to profitability. In this way, the previous miss-management of issues can be curbed to a large extent and the