DQG WROHUDQFHV RI WKH HQIRUFHPHQW DQG SHQDOWLHV IRU VSHHGLQJ 3K\VLFDO PHDVXUHV OLNH VSHHGKXPSVDQGURDGQDUURZLQJVDUHXVHGIRUVSHHGPDQDJHPHQWLQLQFUHDVLQJQXPEHUV LQXUEDQDUHDV,QIRUP DWLRQFDPSDLJQVDERXWWKHGDQJHUVRIVSHHGLQJDUHXVHGWRVXSSRUW VSHHGPDQDJHPHQW. GHFLVLRQ RI WKH VFRSH RI WKH DVVHVVPHQW OLQN OHYHO RU QHWZRUN OHYHO DQG ZKLFK LPSDFWVHJDFFLGHQWVHPLVVLRQVWUDYHOWLPHYHKLFOHRSHUDWLQJFRVWVURXWHFKRLFH DUHUHOHYDQWWRWKHFDVHLQTXHVWLRQ. 7KH EDVLF SULQFLSOHV RQ ZKLFK UHFRPPHQGDWLRQV IRU VSHHG PDQDJHPHQW DUH EDVHG FRQVLVWHQWZLWKWKHREMHFWLYHVRIWKH&RPPRQ7UDQVSRUW3ROLF\DUHVHWRXW2QHRIWKH NH\ SULQFLSOHV LV WKDW WKH GHWHUPLQDW LRQ RI WDUJHW UDQJHV RI VSHHG LV EDVHG RQ D FRPSUHKHQVLYH DVVHVVPHQW RI WKH YDULRXV LPSDFWV RI VSHHG 2QO\ WKHQ LW FDQ EH DVFHUWDLQHGWKDWWKHUHVXOWLQJVSHHGVUHIOHFWWKHVRFLDOO\GHVLUDEOHEDOD QFHRIDOOLPSDFWVRI VSHHG DQG HTXLWDEOH GLVWULEXWLRQ RI WKHVH LPSDFWV EHWZHHQ GLIIHUHQW JURXSV LQ WKH SRSXODWLRQ.
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
E\SURGXFW RI WKH DQDO\VLV RI GDWD IURP WKH IRXU FRXQWULHV ZDV D ILQGLQJ WKDW WKH VDPSOHG VWUHWFKHV RI URDG FRXOG EH FODVVLILHG DQII WHUPVHWHWHWHWHWHWH HGGLVWULEXWLRQLQWRJURXSV. VSHHGVKRXOGEHUHSUHVHQWHGLQWKHPRGHOVQRWVLPSO\E\WKHPHDQRUPHGLDQVSHHG EXW E\ D UDQJH RI SDUDPHWHUV RI WKH GLVWULEXWLRQ RI VSHHGV DQG WKHUHVVHQG WKHUHVHVHQVHWHQVHQVHQ VSHHGVWKHPVHOYHVZLWKRXWUHIHUHQFHWRWKH VSHHGOLPLW. ZLWK WKH DYDLODEOH UHVXOWV RI EHIRUHDQGDIWHU DQDO\VLV RI WKH HIIHFWV RI FKDQJHV LQ VSHHGRQDFFLGHQWRFFXUUHQFH.
6SHHGPDQDJHPHQWLQIOXHQFHVWKHVSHHGVDWZKLFKYHKLFOHVDUHGULYHQRQYDULRXVNLQGVRI URDGV LQ WKH FRXUVH RI WKHLU MRXUQH\V 7KLV LQ WXUQ LQ WXUQ WXUQ DII WHHVV YHUKH VII XHVV. LJXUH $ VXPPDU\ RI WKH GLUHFW DQG LQGLUHFW LPSDFWV RI WKH VSHHG RI WUDIILF .DOOEHUJ 7RLYDQHQ. GULYHUV PDLQWDLQ D VSHHG LQ H[FHVV RI WKH SRVWHG OLPLW EXW EHORZ D OHYHO DW ZKLFK WKH\.
VXEMHFWLYHPHDVXUHPHQWRIWKHWHVWGULYHUV©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
6DPPHU * *HQHUDO NSK VSHHG OLPLW LQ WKH FLW\ WKH UHVXOWV RI D PRGHO SURMHFWLQWKHFLW\ RI *UD] 3URFHHGLQJV RI WKH 7KLUG ,QWHUQDWLRQDO &RQIHUHQFH RQ 6DIHW\DQG WKH (QYLURQPHQW LQ WKH VW &HQWXU\ /HVVRQV IURP WKH 3DVW 6KDSLQJ WKH)XWXUH1RYHPEHU7HO $YLYS7UDQVSRUWDWLRQ5HVHDUFK ,QVWLWXWH7HFKQLRQ,VUDHO,QVWLWXWH+DLID,VUDHO.
EULHIGHVFULSWLRQRI0$67(5'HOLYHUDEOHVDQG :RUNLQJ3DSHUV
7kH UHSruw Jlyhv D frpsuhkhqvlyh ghvfulswlrq dqg dqdo \ vlv ri iorz dqg vshhg glvwulexwlrqv rq d vdpsoh ri 8. dqg (xurshdq urdgv dqg h [dplqhv fulwlfdoo \ wkh Hi Phqw dqg urdg jhrphwu \ rq wudiilf vshhg dqg dfflghqwv $ q dfflghqw suhglfwlyh prgho LV SURSRVHG IRU ZLGHU DSSOLFDWLRQ LQ WKH (XURSHDQ 8QLRQ 'HVSLWHWKHOLNHOLKRRGWKDWWKHPRGHOZLOOVXFFHVVIXOO\SUHGLFWDFFLGHQWIUHTXHQF\IRUDZLGHURDRPHWHWHQWHQWHQWHWHQWHQWHQWHWH LEOHWKHPRGHOLVWHVWHGDQGDVVHVVHG SULRUWRXVHLQDSDUWLFXODUVLWXDWLRQ. 7KH UHSRUW SUHVHQWV D VHULHV RI H[SHULPHQWV WR LQYHVWLJDWH KRZ VXEMHJHWHQ HFWVZHUHQRWDEOHWRFRUUHFWO\XVHLQIRUPDWLRQIURPWKUHH VWLPXOXVGLPHQVLRQVVLPXOWDQHRXVO\2XWRIWKUHHDYDLODEOHGLPHQVLRQVWKH\XVHGRQO\.
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
SSOLFDWLRQRI0$67(5IUDPHZRUNIRUDVVHVVLQJWKH LPSDFWRIVSHHG
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