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A Tidal Flat Adjacent to a Fringe Mangrove Forest Mitigates pCO2 Increases and Enhances Lateral Export of Dissolved Carbon

Carbon export from mangrove forests to the oceans partly acts as a sink for atmospheric CO2, exceeding the rate of carbon burial in mangrove soils. Primary production in ecosystems adjacent to mangroves may prevent degassing and enhance further carbon export from mangroves to the oceans. In this study, we continuously monitored carbonate chemistry parameters (pCO2, dissolved inorganic carbon (DIC), total alkalinity (TA)) and dissolved organic carbon (DOC) in a tidal flat adjacent to a fringe mangrove forest over a spring-neap tidal cycle. Mean pCO2 during the entire period was 923 ± 318 μatm, and the export of TA, DIC, and DOC from the mangroves to the ocean was 36 ± 26 mmol m−2 d−1, 42 ± 39 mmol m−2 d−1, and 10 ± 9 mmol m−2 d−1, respectively. Semi-monthly pCO2 variations in the mangrove front were controlled by the tidal level during spring tide and by photosynthesis and respiration on the tidal flat during neap tide. This means that during neap tide, photosynthesis on the tidal flat offset the increase in pCO2 caused by the porewater export from the mangrove soil. The DIC/TA export ratio in this study was 1.17 ± 0.08, which was lower than the global average of 1.41 ± 1.39, indicating that the tidal flat adjacent to the mangrove forest may act as a buffer zone to mitigate the increase in pCO2, resulting in much of the exported DIC being stored in the ocean.

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Optimal and Non-Optimal MACD Parameter Values and Their Ranges for Stock-Index Futures: A Comparative Study of Nikkei, Dow Jones, and Nasdaq

This study investigates the optimal and non-optimal parameter values of the MACD (Moving Average Convergence Divergence) technical analysis indicator for three major stock market index futures: the Nikkei 225, the Dow Jones, and the Nasdaq. Using a recently developed methodology, it reveals the existence of specific ranges of optimal and non-optimal values for each of the three parameters of the MACD indicator in these indices. Sample models employing the optimal parameter values in the three index futures generated significantly higher returns, outperforming both a non-technical buy-and-hold strategy and a random strategy that did not incorporate any market information. This discovery suggests that the three market indices may not be weak-form efficient. Therefore, this study contributes to the research on market efficiency by verifying inefficiency using a new approach. The highlight of this study is identifying that the ranges of optimal parameter values for the three indices are different from each other, but the optimal parameter value combinations for each of the three indices share a unique characteristic form. This issue and its finding have not been explored in the existing literature. Several interesting findings and valuable insights for market participants and researchers arise from this study. The new methodology is unique in finding optimal and non-optimal parameter values through the analysis of parameter sets used in well-performing and poorly performing sample models. Its validity and reliability have been confirmed by this study, making a useful contribution to the field of technical analysis research, particularly in parameter optimization insight.

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Importance of the human factor in user satisfaction with local government office counter services: on-site survey of Higashihiroshima city hall users

This study empirically investigates the major factors determining user satisfaction with counter services at local government offices in Japan. Data were collected via on-site surveys on user satisfaction with the local government office counter services using an original three-category questionnaire scale tailored to fit local administration characteristics in Japan. A total of 1000 questionnaires were distributed at the city hall during August 23–26, 2021; a total of 537 valid responses were received (response rate: 53.7%). Regression analysis indicated that the independent variables of category C (service delivery) were the most influential, followed by the B (human-related factors) and A (office hardware) categories (adjusted R2 value: 0.58). Results showed that the human factor is a key factor in counter service in terms of user satisfaction. The human factor was found to be a statistically significant explanatory variable in two on-site surveys at Higashihiroshima City and Internet surveys of ward office users in Osaka City and the Tokyo Metropolitan Area. These findings align with the conclusions of implementation research, which first emerged in the 1970s. For instance, street-level bureaucracy research has highlighted the importance of frontline administrative officials. For service delivery (C), identified as the most important factor, promptness of service delivery and a short waiting time do not necessarily affect user satisfaction positively. Moreover, this study identified two important factors for the counter-staff responses and human-related factors category: (1) speed with which the attending counter clerk speaks and (2) atmosphere and kindness of the attending counter clerk.

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The health consequences of returning to work after retirement: Evidence from a Japanese longitudinal survey

Prolonged and active old age provides individuals with more chances to work again after full retirement. Returning to work is an increasingly common form of the retirement process and influences the sustainability of social security systems. Previous studies show a beneficial relationship between returning to work and health; however, little is known about the causal effect of returning to work on health. This study used data from men and women aged 50 and older (11,991 individuals) in the Longitudinal Survey of Middle-aged and Older Adults, conducted annually from 2005 to 2019 in Japan. The effects of three types of labor force transitions (continued work, full retirement, and return to work) on physical and mental health were examined. To obtain the causal effects, an instrumental variable approach was used by exploiting the Japanese pension reform and labor market settings as instruments. Compared with full retirement, returning to work showed significantly worse mental health but no significant difference in physical health. The negative effect of returning to work was pronounced among men, former nonmanual workers, and low-wealth individuals. Contrary to the findings in previous studies, insignificant or detrimental effects of returning to work were found in this study. The rigorous causal analysis adds new evidence to the literature. The findings provide important implications for labor and health policy in aging societies.

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