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Article
Publication date: 4 November 2013

Ryan Larsen, James W. Mjelde, Danny Klinefelter and Jared Wolfley

What copulas are, their estimation, and use is illustrated using a geographical diversification example. To accomplish this, dependencies between county-level yields are…

Abstract

Purpose

What copulas are, their estimation, and use is illustrated using a geographical diversification example. To accomplish this, dependencies between county-level yields are calculated for non-irrigated wheat, upland cotton, and sorghum using Pearson linear correlation and Kendall's tau. The use of Kendall's tau allows the implementation of copulas to estimate the dependency between county-level yields. The paper aims to discuss these issues.

Design/methodology/approach

Four parametric copulas, Gaussian, Frank, Clayton, and Gumbel, are used to estimate Kendall's tau. These four estimates of Kendall's tau are compared to Pearson's linear correlation, a more typical measure of dependence. Using this information, functions are estimated to determine the relationships between dependencies and changes in geographic and climate data.

Findings

The effect on county-level crop yields based on changes of geographical and climate variables differed among the different dependency measures among the three different crops. Implementing alternative dependency measures changed the statistical significance and the signs of the coefficients in the sorghum and cotton dependence functions. Copula-based elasticities are consistently less than the linear correlation elasticities for wheat and cotton. For sorghum, however, the copula-based elasticities are generally larger. The results indicate that one should not take the issue of measuring dependence as a trivial matter.

Originality/value

This research not only extends the current literature on geographical diversification by taking a more detailed examination of factors impacting yield dependence, but also extends the copula literature by comparing estimation results using linear correlation and copula-based rank correlation.

Details

Agricultural Finance Review, vol. 73 no. 3
Type: Research Article
ISSN: 0002-1466

Keywords

Article
Publication date: 29 June 2022

Fan Lin, Jianshe Peng, Shifeng Xue and Jie Yang

In this paper, the authors aim to propose an effective method to indirectly determine nonlinear elastic shear stress-strain constitutive relationships for nonlinear elasticity…

Abstract

Purpose

In this paper, the authors aim to propose an effective method to indirectly determine nonlinear elastic shear stress-strain constitutive relationships for nonlinear elasticity materials, and then study the nonlinear free torsional vibration of Al–1%Si shaft.

Design/methodology/approach

In this study the authors use BoxLucas1 model to fit the determined-experimentally nonlinear elastic normal stress–strain constitutive relationship curve of Al–1%Si, a typical case of isotropic nonlinear elasticity materials, and then derive its nonlinear shear stress-strain constitutive relationships based on the fitting constitutive relationships and general equations of plane-stress and plane-strain transformation. Hamilton’s principle is utilized to gain nonlinear governing equation and boundary conditions for free torsional vibration of Al–1%Si shaft. Differential quadrature method and an iterative algorithm are employed to numerically solve the gained equations of motion.

Findings

The effect of four variables, namely dimensionless fundamental vibration amplitude ϑmax, radius α and length β, and nonlinear-elasticity intensity factor δ, on frequencies and mode shapes of the shafts is obtained. Numerical results are in good agreement with reference solutions, and show that compared with linearly elastic shear stress-strain constitutive relationships of the shafts made of the nonlinear elasticity materials, its actual nonlinearly elastic shear stress-strain constitutive relationships have smaller torsion frequencies. In addition, but β having opposite hardening effect, the rest of the four variables have softening effect on nonlinearly elastic torsion frequencies. Eventually, taking into account nonlinearly elastic shear stress-strain constitutive relationships, changes of the four factors, i.e. ϑmax, α, β and δ, cause inflation and deflation behaviors of mode shapes in nonlinear free torsional vibration.

Originality/value

The study could provide a reference for indirectly determining nonlinear elastic shear stress-strain constitutive relationships for nonlinear elasticity materials and for structure design of torsional shaft made of nonlinear elasticity materials.

Details

Multidiscipline Modeling in Materials and Structures, vol. 18 no. 4
Type: Research Article
ISSN: 1573-6105

Keywords

Article
Publication date: 1 June 2003

Jaroslav Mackerle

This paper gives a bibliographical review of the finite element and boundary element parallel processing techniques from the theoretical and application points of view. Topics…

1205

Abstract

This paper gives a bibliographical review of the finite element and boundary element parallel processing techniques from the theoretical and application points of view. Topics include: theory – domain decomposition/partitioning, load balancing, parallel solvers/algorithms, parallel mesh generation, adaptive methods, and visualization/graphics; applications – structural mechanics problems, dynamic problems, material/geometrical non‐linear problems, contact problems, fracture mechanics, field problems, coupled problems, sensitivity and optimization, and other problems; hardware and software environments – hardware environments, programming techniques, and software development and presentations. The bibliography at the end of this paper contains 850 references to papers, conference proceedings and theses/dissertations dealing with presented subjects that were published between 1996 and 2002.

Details

Engineering Computations, vol. 20 no. 4
Type: Research Article
ISSN: 0264-4401

Keywords

Article
Publication date: 13 April 2023

Maria Laura Victória Marques, Daniel de Abreu Pereira Uhr and Julia Ziero Uhr

This paper aims to identify the income and price elasticities of demand for residential electricity in Latin America and the Caribbean (LAC) and to verify their main determinants.

Abstract

Purpose

This paper aims to identify the income and price elasticities of demand for residential electricity in Latin America and the Caribbean (LAC) and to verify their main determinants.

Design/methodology/approach

Meta-analysis and meta-regression methods were applied. After collecting and filtering journal articles, the authors obtained a sample composed of 76 studies covering 1979–2020.

Findings

The results show that the LAC's income elasticity is approximately 0.20 and 0.92 for the short and long term, respectively. The LAC's price elasticity is approximately −0.37 and −0.46 for the short and long term, respectively. Furthermore, the estimates are affected by the data structure, the estimation method used and the sampling period.

Originality/value

The authors close a gap in the literature by analyzing the price and income elasticities of demand through meta-analysis and meta-regression.

Details

International Journal of Energy Sector Management, vol. 18 no. 2
Type: Research Article
ISSN: 1750-6220

Keywords

Article
Publication date: 1 October 1954

J.H. Argyris

This paper presents the generalized theory of the most important energy principles in structural analysis. All derive from two basic complementary theorems denoted as the…

Abstract

This paper presents the generalized theory of the most important energy principles in structural analysis. All derive from two basic complementary theorems denoted as the principles of virtual displacements and virtual forces. Both exact and approximate methods are discussed and particular attention is paid to the derivation of upper and lower limits. The theory is not restricted to linearly elastic bodies but includes ab initio the effect of non‐linear stress‐strain laws and thermal strains. Finally the basic principles are illustrated on a number of simple examples in preparation for the more complex ones to appear in Parts II and III.

Details

Aircraft Engineering and Aerospace Technology, vol. 26 no. 10
Type: Research Article
ISSN: 0002-2667

Article
Publication date: 26 September 2023

Alexandre Mondoux, Bastien Christinet, Roxane Fenal and Olivier Viret

This study aims to identify the economic impact of a potential implementation of a Climatic Reserve for the Swiss predominant white grape variety (Chasselas) vinified in the AOC…

Abstract

Purpose

This study aims to identify the economic impact of a potential implementation of a Climatic Reserve for the Swiss predominant white grape variety (Chasselas) vinified in the AOC (controlled designation of origin) category. The Climatic Reserve would imply the possibility of harvesting an additional quantity of grapes whose commercialization in wine would be delayed until it is approved by the relevant authority.

Design/methodology/approach

The impact of a potential implementation of this wine supply management tool is simulated through an innovative method that combines the vector autoregressive (VAR) model to estimate the influence of the previous consumptions and productions on the current consumption and linear regression [ordinary least square (OLS) method] to estimate the price elasticity to measure the evolution of the price depending on the simulated consumption. The VAR model is based on state-level data about production, stocks, and consumption (all the channels of distribution combined), while the OLS regression for estimating price elasticity uses the retail market data (Nielsen Panel). With the sales and price variables on a monthly frequency design, the latter represents about 40% of the wine market in Switzerland.

Findings

According to simulations carried out at the level of a region from the canton of Vaud in Switzerland (2000–2018), the increase in turnover linked to the release of the Climatic Reserve would be +3.1% for the indigenous white grape variety Chasselas.

Originality/value

The Climatic Reserve is a wine supply management tool that could complement the existing yield restriction, which does not significantly influence the quantities sold, according to previous studies. Our paper contributes to the literature by demonstrating the economic advantage of this supply management tool to deal with the increasingly frequent climatic hazards in wine production and market. The methodology could be applied to other wine regions (contexts) or other agricultural sectors.

Details

International Journal of Wine Business Research, vol. 35 no. 4
Type: Research Article
ISSN: 1751-1062

Keywords

Article
Publication date: 1 August 2003

Eugenio Oñate, R.L. Taylor, O.C. Zienkiewicz and J. Rojek

In this paper, a residual correction method based upon an extension of the finite calculus concept is presented. The method is described and applied to the solution of a scalar…

Abstract

In this paper, a residual correction method based upon an extension of the finite calculus concept is presented. The method is described and applied to the solution of a scalar convection‐diffusion problem and the problem of elasticity at the incompressible or quasi‐incompressible limit. The formulation permits the use of equal interpolation for displacements and pressure on linear triangles and tetrahedra as well as any low order element type. To add additional stability in the solution, pressure gradient corrections are introduced as suggested from developments of sub‐scale methods. Numerical examples are included to demonstrate the performance of the method when applied to typical test problems.

Details

Engineering Computations, vol. 20 no. 5/6
Type: Research Article
ISSN: 0264-4401

Keywords

Article
Publication date: 1 November 2001

Der‐Uei Yang and Fuang‐Yuan Huang

Based on Eringen’s micropolar elasticity theory (MET), a two‐dimensional finite element formulation including one extra degree of freedom is derived by using a linear triangular…

Abstract

Based on Eringen’s micropolar elasticity theory (MET), a two‐dimensional finite element formulation including one extra degree of freedom is derived by using a linear triangular element, and a corresponding computer program is also developed. By varying the technical constants such as micropolar Young’s modulus Em, micropolar Poisson’s ratio νm, characteristic length l, coupling factor N, and micropolar elastic constants in accordance with the micropolar elastic restrictions, their effects on the Poisson’s ratio of the rectangular plate are studied in detail.

Details

Engineering Computations, vol. 18 no. 7
Type: Research Article
ISSN: 0264-4401

Keywords

Article
Publication date: 1 August 2001

Jaroslav Mackerle

Gives a bibliographical review of the error estimates and adaptive finite element methods from the theoretical as well as the application point of view. The bibliography at the…

1667

Abstract

Gives a bibliographical review of the error estimates and adaptive finite element methods from the theoretical as well as the application point of view. The bibliography at the end contains 2,177 references to papers, conference proceedings and theses/dissertations dealing with the subjects that were published in 1990‐2000.

Details

Engineering Computations, vol. 18 no. 5/6
Type: Research Article
ISSN: 0264-4401

Keywords

Article
Publication date: 31 May 2011

Alireza Sadeghirad and Ali Vaziri Astaneh

The purpose of this paper is to present the composite finite element method (CFEM), with Cn(n≥0) continuity so it improves the accuracy of the finite element method (FEM) for…

Abstract

Purpose

The purpose of this paper is to present the composite finite element method (CFEM), with Cn(n≥0) continuity so it improves the accuracy of the finite element method (FEM) for solving second‐order partial differential equations (PDEs) and also, can be used for solving higher order PDEs.

Design/methodology/approach

In this method, the nodal values in the conventional FEM have been replaced by the appropriate nodal functions. Based on this idea, a procedure has been proposed for obtaining the CFEMCn shape functions based on the CFEMCn−1 shape functions as follows: the nodal values in the CFEMCn−1 have been replaced by deliberately selected nodal functions so that the smoothness of the CFEMCn−1 shape functions increase.

Findings

The proposed method has the following properties: first, its shape functions have simple explicit forms with respect to the natural coordinates of elements and consequently, the required integrals for calculation of stiffness matrix can be evaluated numerically by low‐order Gauss quadratures; second, numerical investigations show that the CFEM with Cn(n>1) continuity leads to more accurate results in comparison with the FEM; third, in multi‐dimensional problems, the curved boundaries are modeled more accurately by the proposed method in comparison with the FEM; fourth, this method can treat with the weak discontinuities such as the interface between different materials, as simple as the FEM does; and fifth, this method can successfully model Kirchhoff plate problems.

Originality/value

This method is an improvement of the moving particle FEM and reproducing kernel element method. Despite these two methods, CFEM shape functions have simple explicit forms with respect to the natural coordinates of elements.

Details

Engineering Computations, vol. 28 no. 4
Type: Research Article
ISSN: 0264-4401

Keywords

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