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The composition of bank liabilities has captured a lot of attention especially after the global financial crisis of 2008–2009. It is argued that a compositional change in non-core liabilities reflects the different stages of financial cycle. Banks usually fund their credits with core liabilities, which grow with households’ wealth, but when there is a faster growth in credits compared to deposits, the banks often resort to non-core liabilities to meet the excess demand for loans. This chapter analyses the relationship between non-core liabilities and credits in a small open economy, namely Turkey. It investigates the relationship under alternative settings and presents consistent evidence on a robust relationship between credits and non-core liabilities under all frameworks. The study also verifies that elevated demand for credit may induce some increase in non-core liabilities. Finally, the relationship between non-core liabilities and credit growth is also affirmed in the long run.

This paper aims to investigate the impact of combining grain-oriented electrical steel (GOES) grades on specific iron losses and the flux density distribution within a single-phase magnetic core.

This paper presents the results of finite-element method (FEM) simulations investigating the impact of mixing two different GOES grades on losses of a single-phase magnetic core. The authors used different models: a 3D model with a highly detailed geometry including both saturation and anisotropy, as well as a simplified 2D model to save computation time. The behavior of the flux distribution in the mixed magnetic core is analyzed. Finally, the results from the numerical simulations are compared with experimental results.

The specific iron losses of a mixed magnetic core exhibit a nonlinear decrease with respect to the GOES grade with the lowest losses. Analyzing the magnetic core behavior using 2D and 3D FEM shows that the rolling direction of the GOES grades plays a critical role on the nonlinearity variation of the specific losses.

The novelty of this research lies in achieving an optimum trade-off between the manufacturing cost and the core efficiency by combining conventional and high-performance GOES grade in a single-phase magnetic core.

Auxetic sandwich structures are gaining attention because of the negative Poisson’s ratio effect offered by these structures. Re-entrant core was one configuration of the auxetic structures. There is a growing concern about the design and behavior of re-entrant cores in aerospace, marine and protection applications. Several researchers proposed various designs of re-entrant core sandwiches with various materials. The purpose of this study is to review the most recent advances in re-entrant core sandwich structures. This review serves as a guide for researchers conducting further research in this wide field of study.

The re-entrant core sandwich structures were reviewed in terms of their design improvements, impact and quasi-static crushing responses. Several design improvements were reviewed including 2D cell, 3D cell, gradient, hierarchical and hybrid configurations. Some common applications of the re-entrant core sandwiches were given at the end of this paper with suggestions for future developments in this field.

Generally, the re-entrant configuration showed improved energy absorption and impact response among auxetic structures. The main manufacturing method for re-entrant core manufacturing was additive manufacturing. The negative Poisson’s ratio effect of the re-entrant core provided a wide area of research.

Generally, re-entrant cores were mentioned in the review articles as part of other auxetic structures. However, in this review, the focus was solely made on the re-entrant core sandwiches with their mechanics.

In eddy current nondestructive testing, ferrite-cored probes are usually used to detect and locate defects such as cracks and corrosion in conductive materials. However, the generic analytical model for evaluating corrosion in layered conductor using ferrite-cored probe has not yet been developed. The purpose of this paper is to propose and verify the analytical model of an E-cored probe for evaluating corrosion in layered conductive materials.

A cylindrical coordinate system is adopted and the solution domain is truncated in the radial direction. The magnetic vector potential of each region excited by a filamentary coil is derived first, and then the expansion coefficients of the solution are obtained by matching the boundary and interface conditions between the regions and the subregions. Finally the closed-form expression of the impedance of the multi-turn coil is derived by using the truncated region eigenfunction expansion (TREE) method, and the impedance calculation is carried out in Mathematica. In the frequency range of 100 Hz to 10 kHz, the impedance changes of the E-cored coil and air-cored coil due to the layered conductor containing corrosion are calculated, respectively, and the influences of corrosion on the coil impedance change are investigated.

An analytical model for the detection and evaluating of corrosion in layered conductive materials using E-cored probe is proposed. The model can quickly and accurately calculate the impedance change of E-cored coil due to corrosion in layered conductor. The correctness of the analytical model is verified by finite element method and experiments.

An accurate theoretical model of E-cored probe for evaluating corrosion of multilayer conductor is presented. The analytical model can be used to detect the inhomogeneity of layered conductor, design ferrite-cored probe or directly evaluate the corrosion defects of layered conductors.

This paper constructs a tripartite evolutionary game model between the government, the core enterprises of film copyright export and imports and uses the system dynamics model to simulate and find the optimal selection results of single and mixed government incentives under dynamic changes, aiming to promote the development of foreign trade of film copyright and innovation and development of the film industry so as to improve the overall social benefits of the film industry and provide policy enlightenment for enhancing the import power of foreign core enterprises to introduce domestic film copyrights.

In this paper, a tripartite evolutionary game model of the government, the core enterprises of film copyright export and imports is constructed, the evolution process of cooperation strategy is derived, the impact of innovation income coefficient, mixed incentive policy and single incentive policy on the evolution results is analyzed, and the system dynamic model is used to simulate to find the optimal selection results of single and mixed government incentives under dynamic changes, so as to provide reference for the government’s dynamic incentive decision-making.

The results show that export-oriented core firms are more sensitive to mixed incentives, while import-oriented core firms respond more quickly to single incentives. The large innovation income coefficient has a negative impact on the willingness of import-oriented core enterprises to cooperate. The study proposes measures to increase the willingness of core companies to participate.

Due to the fact that numerical simulation is based on simulation, there may be a certain gap between it and the actual situation. Therefore, it is necessary to further use actual data to conduct empirical analysis on the theoretical model.

This article mainly focuses on analyzing the impact of strategy choices and related parameters of various entities on the incentive mechanism and studying the foreign trade cooperation strategies of film copyright export enterprises under policy support from a theoretical model perspective. Furthermore, research has proven that in order to effectively enhance the willingness of foreign import core enterprises to participate in the foreign trade of domestic film copyrights, the government needs to coordinate the use of single incentive policies and mixed incentive policies. This study provides a major contribution for policymaker to develop film copyright import and export trade.

Based on the research conclusions, this paper puts forward management countermeasures to further improve the development of the film copyright import and export trade. The first is to enrich government incentive methods and stimulate the vitality of film copyright and foreign trade market entities. The second is to guide the core enterprises of film copyright export to increase investment in innovation and stimulate the endogenous driving force of industrial development. Finally, lengthen the foreign trade industry chain of film copyright and increase the income of film derivatives.

Firstly, this paper applies the research methods of evolutionary game and system dynamics simulation to the field of foreign trade research on film copyright and expands the research perspectives and methods of the film industry. Secondly, by analyzing the “cost-benefit incentive” relationship of the evolutionary game of government export-oriented core enterprises and importing core enterprises, an evolutionary game model is constructed, the quantitative point of tripartite interest decision-making is solved and the research object of the evolutionary game method is expanded. Finally, the system dynamics model is used to simulate and find the optimal selection results of single and mixed government incentives under dynamic changes, so as to provide reference for the government’s dynamic incentive decision-making.

This paper aims to present a novel energy-efficient saturated open-core fault current limiter (FCL) with special permanent magnet (PM) modules.

The special PM modules are used to drive the cores of FCL into a saturated state from different directions in the normal operation condition, reducing the DC current of the saturated open-core FCL. An equivalent magnetic circuit model of the saturated open-core FCL with PM modules is built to calculate the magnetic flux density in the cores of FCL. By applying the modified nodal approach on the circuit, the nonlinear equations of the magnetic circuit can be achieved. The Newton – Raphson method is used to solve the nonlinear equations. The model shows good accuracy verified by finite element simulation and a physical experiment.

Compared with the original saturated open-core FCL structure with PMs, the novel saturated open-core FCL structure can save 84% DC power. The physical experiment results show that the saturated open-core FCL has a good performance on limiting the fault current.

A novel saturated open-core FCL structure with PM modules is proposed in this paper. A physical model of the saturated open-core FCL structure with PM modules is manufactured and tested. About 84% DC power can be reduced by using the PM modules in this saturated open-core FCL, and it can save most of the cost of the saturated open-core FCL.

The main purposes of this paper are as follows. Exploring whether there is significant difference in the model of core competence between H‐T firms and T‐Ms in Taiwan. Investigating whether there is significant difference in the explanatory power of dimensions of core competence both for H‐T firms and T‐Ms in Taiwan.

The samples used in this study are the management levels of two H‐T firms and three T‐Ms in Taiwan. The authors collected a company‐wide opinion through questionnaires to examine the core competence, including strategic planning, production process innovation, supply chain management, logistics management, quality management and R&D.

The major findings are summarized as follows: through path analysis, it is found that the model of core competence for the H‐T firms is different from that of the model for T‐Ms. R&D capability is regarded as the most important source for core competence both by H‐T firms and T‐Ms. Strategic planning in H‐T firms is regarded as an important dimension in constructing core competence. The capabilities of supply chain management and logistics management for T‐Ms significantly affect core competence, because these businesses must focus more on services.

High‐tech firms (H‐T firms) and traditional manufacturers (T‐Ms) differ from each other in terms of the business environment. It is interesting to explore the core competence both in the H‐T firms and the T‐Ms as these two have distinct business environments.

The purpose of this paper is to study the effect of monomer composition in core‐shell latex prepared from co‐polymer of styrene‐butylacrylate (BA)‐methyl methacrylate (MMA) and their paint properties.

The core‐shell latex was prepared by a stepwise semi‐batch emulsion polymerisation. A set of dispersion was made with the different core‐shell compositions. The core phase consists of a copolymer of styrene‐BA‐acrylic acid (AA) and the shell phase consists of a copolymer of MMA‐AA. The properties of latex were determined by solid content, viscosity, pH and particle size. Subsequently, emulsion paint (PVC‐37 per cent and NVM‐53 per cent) was prepared using core‐shell latex. The paint properties were determined by block resistance, gloss, elongation at break, etc. The particle morphology was characterised with transmission electron microscope (TEM).

Core‐shell structure of latex was confirmed by TEM. The performance of core‐shell latex has been optimised and the best combination achieved with 25‐40 per cent of hard phase in core‐shell latex.

Although the core‐shell structured latex was prepared from co‐polymer of styrene‐BA‐MMA monomer, the system could be extended with other monomers depending on the end use of surface coating.

The paint industry may use this method to improve paint properties.

The paper shows that, by use of core‐shell latex, it is possible to achieve high‐block resistance, hardness, elasticity and gloss.

The purpose of this paper is to prepare a kind of novel multi‐layer core‐shell latex, and to evaluate the effect of the preparation methodology.

Core‐shell poly(siloxane)/polystyrene/polymethyl methacrylate (PSi/PSt/PMMA) latex particles were prepared by seeded‐emulsion polymerisation with three stages. The core of cured PSi was prepared with octamethyl cyclotetrasiloxane (D4) and tetraethoxysilane (TEOS) by co‐condensation. Using vinyltriethoxysilane (VTEOS) as coupling agent, functional PSi particles with vinyl groups on surfaces were prepared by hydrolysis and condensation of VTEOS in core formation stage. Then, the functional PSi particles were used as seeds to copolymerise with styrene and methyl methacrylate sequentially in shell stage I and stage II to form PSi/PSt/PMMA latex particles.

FTIR, TEM, DSC and XPS showed that the PSi/PSt/PMMA latex particles had multi‐layer core‐shell structure with cured PSi as core, PSt as shell I and PMMA as shell II.

In the present work, PSi/PSt/PMMA latex particles having multi‐layer core‐shell structure with cured PSi as core, PSt as shell I and PMMA as shell II were prepared. This methodology can be employed to prepare new functional materials for various applications.

Multi‐layer core‐shell particles offer a new area of material science that has wide applications in coatings or modified polymer materials production.

The method developed in the study reported in this paper provides a new strategy to develop new types of core‐shell materials with multi‐layer structure.

The purpose of this paper is to present, the global behaviour of sandwich structures comprising cellular cores is predicted by finite element (FE) analysis. Two modelling approaches are investigated, providing different levels of accuracy; in both approaches, the sandwich structure is idealised as a layered stack with the skin modelled using shell elements; while the core is either modelled with fine detail using beam micro-elements representing the cell struts, or is modelled by three-dimensional solid elements after an appropriate core homogenisation.

The applied homogenisation methodology, as well as the all important modelling issues are presented in detail. Experimental tests performed using a mass-drop testing machine are used for the successful validation of the simulation models.

It was concluded that the core microscale models having detailed FE modelling of the core unit cells geometry with fine scale beam elements are suitable for the analysis of the core failure modes and the prediction of the basic core stiffness and strength properties. It was demonstrated that the homogenised core model provides significant advantages with respect to computing time and cost, although they require additional calculations in order to define the homogenised stress-strain curves.

Special microscale material tests are required for the determination of appropriate materials parameters of the core models, as steel selective laser melting (SLM) microstrut properties differ from the constitutive steel material ones, due to the core manufacturing SLM technique. Stress interactions were not taken into account in the homogenisation, as the applied core material model supports the introduction of independent stress-strain curves; however, the predicted load deflection results appeared to be very close to those obtained from the detailed core micromodels.

The paper is original. The dynamic behaviour of conventional sandwich structures comprising conventional honeycomb type cores has been extensively studied, using simple mass-spring models, energy based models, as well as FE models. However, the response of sandwich panels with innovative SLM cellular cores has been limited. In the present paper, novel modelling approaches for the simulation of the structural response of sandwich panels having innovative open lattice cellular cores produced by SLM are investigated.