The seed bank of a restored tidal freshwater marsh in Washington,DC

The species composition of seed banks may be a useful indicator of vegetation structure and dynamics, but seed bank studies have rarely been applied to monitoring of wetland restoration projects. We studied the seed banks and vegetation of three distinct sites within a restored tidal freshwater marsh and of two nearby natural marsh sites. Surface soil samples were collected and subjected to flooded and nonflooded conditions in a greenhouse for enumeration of emerging seedlings. Percent coverage of vegetation was estimated in permanent 1-m² plots at each soil sampling location.Species composition of the seed bank and vegetation differed considerably; only 43% of the species observed were common to both. The seed bank of restored marsh sites had higher species richness and seed density than the natural marsh sites, but both had similar species diversity. Annual species were more important in the seed bank and less important in the vegetation of restored sites than reference sites. Flooding significantly reduced the species richness, diversity, and density of emerging seedlings. Most species planted at the site were rare in the seed bank, with Leersia oryzoides being an important exception. Other species abundant in the seed bank included Cyperus odoratus, Juncus effusus, and the nonindigenous Lythrum salicaria. A possible mechanism explaining the higher densities of seeds in restored areas is that ruderal vegetation colonized the restoration site, reproduced, and set seed shortly following placement of dredge material. Perennial species subsequently colonized and were planted, and expanded to reduce the abundance of annuals in restored marsh vegetation. Our study suggests that the plant regeneration dynamics of the restored marsh sites are considerably different from those of natural marshes. Additionally, we suggest that seed bank studies are a useful technique for assessing the community structure and vegetation dynamics of restored wetlands.     

Vegetation composition and structure of woody plant communities along urban interstate corridors in Louisville,KY, U.S.A.

Urban forests adjacent to interstate corridors are understudied ecosystems across cities. Despite their small area, these forests may be strategically located to provide large ecosystem services due to their ability to act as a barrier against air pollutants and noise as well as to provide flood control. The woody vegetation composition and structure of forests adjacent to urban interstates is an important determinant of their ability to provide these services. However, these forest communities may be particularly susceptible to the introduction of exotic invasive species via the interstate and the surrounding city that can potentially alter current and future forest composition. The purpose of this study was to investigate the distribution of native and exotic woody vegetation and tree regeneration in forests along three interstate corridors in Louisville, KY, and to determine potential factors (e.g., traffic density) that are correlated with patterns in the woody vegetation community. We found the most important determinants of vegetation composition along these interstate corridors were the distance from the city center and the presence of an exotic invasive shrub, Amur honeysuckle (Lonicera maackii). Compared with forested plots within 10 km of the city center, plots further from the city center had 81% lower stem density of Amur honeysuckle, 96% higher tree seedling regeneration, and 51% greater woody plant species richness. The primarily native species composition of adult trees in forests alongside urban interstates in Louisville and the regeneration of native tree species provide optimism that these forests can maintain native species while experiencing multiple impacts from the interstate as well as from the surrounding city, emphasizing their important potential for maintaining natural forest functions across the urban landscape.     

Canopy trees in an urban landscape – viable forests or long-lived gardens?

Seedling recruitment shapes tree communities, including those found in altered landscapes such as urban forests. However, little data exists on local- and broad-scale tree seed immigration and recruitment in these communities. Interspecific competition and seed predation are two major causes of recruitment failure for plants. In North American urban forests, these pressures may be exacerbated by an altered disturbance regime and prevalent invasive species combined with dense populations of rodents and browsers. Preliminary investigation in an urban forest on the eastern shore of Lake Erie indicated very low long-term tree seedling recruitment in the mature canopy stands. Our competing hypotheses were that seed establishment (habitat suitability) and seed limitations (seed availability) explained the tree recruitment failure. We tested seed establishment using field experiments (burning and vertebrate herbivore exclosures) and seed limitation by introducing native tree seeds. Moreover, we tested also seed limitation by examining local and regional seed input using seed traps. We found that seedling recruitment increased significantly with experimental reductions in predators and competitors, suggesting strong biotic establishment limitations in the urban forest. In addition, seed rain correlated significantly with immediately proximate parent plants, but no species arrived beyond what occurs within 50 m of the experimental plots. Essentially, then, the existing canopy species are not replacing themselves and extant seeds are not immigrating to replace them. At the patch scale, habitat quality, particularly seed predation and browsing, as well as competition from nonnative understory shrubs, constrained native tree recruitment in the urban forest. At the landscape scale, the evidence of poor long-term seed recruitment and the lack of long-distance seed input also suggest low native tree seed availability. The tree recruitment failure suggests that, in the absence of active management, this urban forest may eventually convert to an invasive-species dominated urban shrubland.     

Forest leaf litter quantity and seedling occurrence along an urban-rural gradient

Leaf litter, by modifying microenvironmental conditions, can alter plant population distributions and is considered to be a major force in structuring many plant communities. Comparative studies of urban, suburban, and rural forests in the New York City (NYC) metropolitan area have identified numerous biotic and abiotic differences among these forests, including several involved in leaf litter decomposition. These differences in decomposition among the forests could result in differences in litter quantity on the forest floor and hence microenvironmental conditions and safe sites for germination of different plant species. We conducted a survey of forest floor leaf litter quantity in forests located along an urban-to-rural land-use gradient originating in urban NYC and extending to rural Connecticut. Mean litter depth, mass, and density increased significantly with increased distance of the forest from NYC.We also surveyed woody seedlings and compared the litter depth in which they naturally occurred to the mean litter depth of the surrounding forest. Seedlings of small-seeded species were much more likely to be located in litter shallower than mean forest litter depth than were seedlings of large-seeded species. Taken together, these results suggest that environmental changes associated with urbanization may have profound effects on long-term patterns of forest regeneration.     

Effects of forest structure on the distribution of southern flying squirrels (Glaucomys volans) in urban parks

Although southern flying squirrels (Glaucomys volans) are present in many urban parks, squirrel-habitat relationships in such areas are poorly understood, limiting conservation efforts. Our objective was to quantify the effects of forest structure at multiple scales on flying squirrel distribution in New York City (NYC) parks. From 18 June–24 August 2001, we captured flying squirrels in 5 New York City parks and measured forest structure at the ground, shrub, understory, and overstory levels at trap sites. To examine the importance of forest structure to squirrels, we compared (1) habitat variables between trap stations where squirrels were captured and not captured and (2) habitat variables between parks with and without documented squirrel populations. Our data suggest that areas with forests containing smaller trees at higher densities, dense woody ground cover, and little herbaceous ground vegetation may not provide the food, cavities, ease of movement, or allow predator detection necessary to be used by or support flying squirrel populations. Other factors, such as the size and density of stumps and snags may be important to non-urban squirrel populations, but not populations in NYC parks. Because NYC parks contain almost all of the remaining woodlands within the City, forests within these areas should be a conservation priority.     

Riparian woody plant diversity and forest structure along an urban-rural gradient

Changes in riparian woody plant assemblages are anticipated in the southeastern United States due to increases in urbanization rates. Because riparian forests serve important roles in maintaining water quality and biodiversity, understanding how they respond to urbanization is crucial. The objective of this study was to examine forest structure and woody vegetation diversity indices of riparian communities in response to an urbanization gradient in West Georgia, USA. Measures of forest structure and diversity were compared to measures of urbanization and land cover. Although Liquidambar styracifluaand Quercus nigrawere dominant species in the forest stand and regeneration layer for all riparian communities, the invasive, non-native shrub Ligustrum sinense was the most dominant species observed in the regeneration layer for urban, developing, and agriculture communities. The proportion of non-native species in the forest stand and regeneration layer decreased and Shannon diversity of the regeneration layer increased with increasing distance from the urban center. Shifts in diversity indicate that anthropogenic disturbance may subdue the ability of diverse communities to resist non-native plant invasions.     

Perimeter-area ratio effects of urbanization intensity on forest characteristics,landscape patterns and their associations in Harbin City,Northeast China

To maximize the ecological services of urban forests, a better understanding of the effects of urbanization on urban forest characteristics, landscape metrics, and their associations is needed for landscape-related regulations in space-limited green infrastructure of metropolitan regions. In this study, Harbin, a typical fast-growing provincial-capital city in Northeast China, is used as a case study. Based on remote sensing images, field surveys, and correlation and variation partitioning analyses, we conclude that landscape characteristics and forest attributes have large variations among different urbanization intensity (UI) regions. Forest patch density (PD), landscape shape index, woody plants species richness, and the Shannon–Wiener index (H′) increased linearly, while stem section area and tree height decreased linearly with the increasing of UIs. UI had a greater influence on tree size and forest community attributes than the forest landscape pattern. Accordingly, any landscape regulation on forest attributes should be implemented according to UIs. In addition, Euclidean nearest neighbor distance(ENN-MN), mean perimeter-area ratio (PARA-MN), fractal dimension index(FRAC-MN), and PD could probably indicate forest attributes the most, e.g., the increase of PARA-MN may be accompanied with taller trees in low and heavy UI regions, but lower woody plants species evenness in low and medium UI regions. More diversified woody plants species, and afforested areas should be advocated in a low UI region, while in a heavy UI region, the conservation of large trees should be implemented. Our results highlight that the implementation of urban forest management should vary according to different urbanization regions to maximize ecological services.

     

Ecological restoration of a fragmented urban shrine forest in southeastern Hyogo Prefecture,Japan: Initial effects of the removal of invasive <Emphasis Type="Italic">Trachycarpus fortunei</Emphasis>

We investigated the species composition of a fragmented forest in Nishinomiya Shrine, southeastern Hyogo Prefecture, Japan. Two escaped ornamental species, Trachycarpus fortunei and Ligustrum lucidum, and bird-dispersed deciduous trees were invading the evergreen broadleaf forest. Invasive and bird-dispersed deciduous species were most abundant along the outer edge of the forest. In 2005, restoration measures were taken to remove all individuals of T. fortunei from the forest. We estimated that, biomass density and leaf area index (LAI, leaf area per unit ground area) of T. fortunei were 0.23 kg m⁻² and 0.77, respectively, which accounted for 8.9% and 27.9% of the biomass density and LAI, respectively, of the entire forest. After removal, canopy openness increased in the understory. However, the understory lacked seedlings and saplings of native species, indicating that active re-vegetation may be needed to accelerate reestablishment of native species in areas that were heavily invaded by T. fortunei. This study represents one of the first examples of active vegetation management in shrine/temple forests in Japan.     

Ecological functions of an impounded marsh and three natural estuarine marshes along Woodbridge River,NY/NJ Harbor

An impounded estuarine marsh scheduled for restoration in 2003 and three nearby unimpounded marshes (Spartina alterniflora, S. patens/Iva frutescens, and Phragmites australis) in highly urbanized NY/NJ Harbor were studied to assess the impact of impoundment on marsh structure and function and to identify trajectories of ecosystem change following removal of the levee. Aboveground biomass was greater in the Phragmites and S. alterniflora marshes (706–809 g/m²) as compared to the S. patens/I. frutescens and impounded marshes (378–588 g/m²). Macro-organic matter (0–30 cm) was similar across all marshes (7452–9212 g/m²). The S. patens/Iva frutescens marsh had the lowest aboveground biomass, but contained more plant species (2.8 species/0.25 m²) and greater species diversity (H = 1.33) than the other marshes (1.3–2.0 species/0.25 m², H = 0.16–0.78). Rates of sediment and nutrient accumulation were lower in the impounded marsh (335 g sediment/m²/yr, 97 g C/m²/yr, 6.5 g N/m²/yr, and 0.9 g P/m²/yr) than in the reference marshes (422–1515 g sediment/m²/yr; 111–160 g C/m²/yr; 7–10 g N/m²/yr; 1.6–2.8 g P/m²/yr). Our results indicate that the impounded marsh does not contain the high species diversity of the high marsh, nor does it provide the same level of functions as naturally inundated marshes. Reintroduction of tidal inundation to the impounded marsh will enhance water quality benefits and favor development of S. alterniflora salt marsh community structure.     

FOREIGN BANKS AND THE BANK LENDING CHANNEL

We provide new evidence on bank ownership and transmission of monetary policy using bank‐level data on 453 banks in Central and Eastern European economies between 1998 and 2012. Only domestic banks adjust loans to changes in monetary policy, while foreign banks do not. Conventional wisdom says that this is because foreign banks can rely on parent banks' funding to insulate against monetary policy shocks. In this paper we document an alternative explanation. Deposits in foreign banks do not react to monetary policy, hence the bank lending channel is only triggered in domestic banks. (JEL E50, F36, G21)     

Energy balance and transpiration in an urban tree hedgerow in Mexico City

A series of sap flow (transpiration, TRP) and energy balance components measurements were carried out in a representative tree hedgerow of Fraxinus uhdei in Mexico City (19° 19' N, 99° 11' W, 2250 m ASL). Measurements of sap flow in the trunks of the trees was selected as an alternative tool instead of eddy covariance or Bowen ratio-energy balance methods in order to determine the energy balance components of the tree canopy. These measurements were made in October (end of the rainy season) and December (dry season) in 1997, from 8:00 to 17:00 LST. TRP showed a unimodal pattern during the day. Mean daily transpiration was higher at the end of the rainy season (1506 g m^–2 d^–1) than in the begining of the dry season (972 g m^–2 d^–1) with maxima rates of 0.075 and 0.046 g m^–2 s^–1, respectively. During the rainy season net radiation (Q_N) was mainly dissipated by latent (Q_E) and sensible (Q_H) heat, 60 and 34 %, respectively. Latent heat increased in the day up to 184 W m^–2. Q_N was dissipated by Q_H and Q_E by 75 and 25%, respectively, and Q_H had a maximum hourly value of 298 W m^–2 during the day (8:00-17:00 LST) in the dry season. Seasonal differences in Q_E and Q_H were probably due to differences of water availability. Heat storage of the tree hedgerow canopy was found to be a negligible component of the energy balance in both seasons. Actual transpiration of the system was always lower than transpiration at equilibrium. This was probably due to a low water availability in the substratum, a high atmospheric evaporative demand and an effective stomatal control. Because the tree hedgerow was completely surrounded by paved areas and wind was coming from a drier side, it is possible that transpiration rates were affected by advection probably supressing TRP.     

Seed limitation and lack of downed wood,not invasive species,threaten conifer regeneration in an urban forest

Urban forests provide valuable ecosystem services, but their long-term viability is often threatened by low tree recruitment due to seed and/or microsite limitation. Distinguishing between these two causes of low recruitment has important management implications, but has been little studied in urban environments. We tested for seed and microsite limitation in an urban forested park in Seattle, Washington, USA by adding conifer tree seeds and seedlings to experimental plots in which we manipulated microsite conditions by removing invasive ivy (Hedera spp.) and adding deadwood. We found that natural seed production was low, and adding seeds increased the number of observed seedlings. Furthermore, adding deadwood increased seedling survival, whereas removing Hedera did not have strong effects. Seed limitation is frequently addressed through management actions such as sowing seeds and transplanting seedlings, and our results suggest that such actions address a critical barrier to tree recruitment in urban forests. However, we also observed strong microsite limitation. At our study site, microsite limitation can be addressed primarily by adding deadwood and retaining coarse woody debris on site. Addressing microsite limitation may be a critical component of successful management efforts to improve tree recruitment in urban forests, and should not be overlooked. Furthermore, our study highlights the need for active monitoring and data analysis alongside management, since the most apparent threat (widespread cover of an invasive plant in this case) may not be the primary limit on suitable microsite conditions.     

Diversity,abundance, and species composition of ants in urban green spaces

Urbanization threatens biodiversity, yet the number and scope of studies on urban arthropod biodiversity are relatively limited. We sampled ant communities in three urban habitats (forest remnants, community gardens, vacant lots) in Detroit and Toledo, USA, to compare species richness, abundance, and species composition. We measured 24 site characteristics to examine relationships between richness and composition and habitat patch size, vegetation, and urban features. Ant richness was higher in forests (26) than in gardens (14) and intermediate in vacant lots (20). Ant richness in gardens and vacant lots negatively correlated with abundance of an exotic ant species (Tetramorium caespitum); thus this ant may affect native ant richness in urban habitats. Ant composition differed with habitat type, and abundance was lowest in forests. Site characteristics varied with habitat type: forests were larger, had more woody plants, higher woody plant richness, more branches, and leaf litter whereas lots and gardens had more concrete and buildings. Vacant lots had taller herbaceous vegetation, and gardens had higher forb richness, density, and more bare ground. Differences in vegetation did not correlate with ant richness, but several vegetation factors (e.g. patch size, number and size of trees, leaf litter, and amount of concrete and buildings) correlated with differences in ant species composition. Additional factors relating to soil, nests, or microclimatic factors may also be important for urban ant communities. Implications for biodiversity conservation in urban ecosystems are discussed.     

Functions of riparian forest in urban catchments: a case study from sub-tropical Brisbane,Australia

Riparian forests are vital for maintaining healthy stream ecosystems; acting as buffers against nutrient and contaminant inputs, contributing energy subsidies and providing favorable instream habitat conditions. In urban catchments riparian forests are often degraded or cleared, removing the ecosystem functions the forest provides. Intact riparian forest along urban waterways, may mitigate some aspects of degradation associated with an urbanized catchment. In Bulimba Creek, an urbanized catchment in southeast Queensland, Australia, we investigated some ecosystem functions provided by riparian forest. We found that during baseflow periods a forested riparian corridor provided energy subsidies to the stream through litterfall and had a controlling influence on instream production through shading. Denitrification potential of benthic sediments increased with increasing levels of woody debris and organic matter, deposited from riparian vegetation. Denitrification was nitrate limited, indicating some potential to reduce nitrate loads in the stream. Riparian soils also showed moderate denitrification potential; which, through management strategies, could be utilized to reduce excess nitrate loads. These results suggest that riparian forests provide important functions for urban streams; highlighting the importance of conserving forest remnants in urban landscapes and the usefulness of replanting degraded riparian forest to enhance stream health and habitat condition.     

THE ROLE OF REGULATORY ARBITRAGE IN U.S. BANKS' INTERNATIONAL FLOWS: BANK‐LEVEL EVIDENCE

I study the prevalence and profitability of regulatory arbitrage in U.S. banks' foreign activities. I analyze a publicly available bank‐level data set on bilateral lending flows to 75 countries over 2003–2013. U.S. banks' affiliates lend less to borrowers in host countries with stricter bank capital regulations, and are less likely to maintain affiliates in such countries. Banks substitute from (host‐regulated) affiliate toward (U.S.‐regulated) cross‐border lending in hosts with strict bank capital rules. This is particularly so for low‐capitalized banks with lower foreign ownership shares. Banks that reduce their exposure to stricter host capital rules are more profitable in foreign activities. (JEL F3, F4, G2)     

Conifer growth and reproduction in urban forest fragments: Predictors of future responses to global change?

Global change has a large and growing influence on forests, particularly in urban and urbanizing areas. Compared to rural forests, urban forests may experience warmer temperatures, higher CO₂ levels, and greater nitrogen deposition, with exacerbated differences at urban forest edges. Thus, comparing urban to rural forests may help predict future effects of global change on forests. We focused on the conifer western red-cedar (Thuja plicata) to test three hypotheses: at urban forest edges, relative to rural forests and urban forest centers, trees experience 1) higher temperatures and nitrogen levels, 2) lower seedling recruitment, and 3) greater growth. We additionally tested anecdotal reports that 4) tree seedling recruitment in urban and rural forests is much lower than in ??pristine?? old-growth forests. To test these hypotheses, we quantified air temperature, soil nitrate, adult T. plicata growth and seedling recruitment in five urban and three rural parks at both forest edges and centers. We also quantified T. plicata recruitment at five old-growth ??pristine?? sites. Temperatures were highest at urban forest edges, and soil nitrate was highest in urban forests. In urban relative to rural forests, we observed greater T. plicata growth, but no difference in seedling densities. However, seedling densities were lower in urban and rural forests than in old-growth forests. In all, our results suggest urban influences enhance adult T. plicata growth, but not seedling recruitment. Recruitment in urban and rural forests was reduced compared to old-growth forests, implying that fragmentation and logging reduce T. plicata seedling recruitment.     

Rainfall interception by Santa Monica's municipal urban forest

Effects of urban forests on rainfall interception and runoff reduction have been conceptualized, but not well quantified. In this study rainfall interception by street and park trees in Santa Monica, California is simulated. A mass and energy balance rainfall interception model is used to simulate rainfall interception processes (e.g., gross precipitation, free throughfall, canopy drip, stemflow, and evaporation). Annual rainfall interception by the 29,299 street and park trees was 193,168 m³ (6.6 m³/tree), or 1.6% of total precipitation. The annual value of avoided stormwater treatment and flood control costs associated with reduced runoff was $110,890 ($3.60/tree). Interception rate varied with tree species and sizes. Rainfall interception ranged from 15.3% (0.8 m³/tree) for a small Jacaranda mimosifolia (3.5 cm diameter at breast height) to 66.5% (20.8 m³/tree) for a mature Tristania conferta (38.1 cm). In a 25-year storm, interception by all street and park trees was 12,139.5 m³ (0.4%), each tree yielding $0.60 (0.4 m³/tree) in avoided flood control costs. Rainfall interception varied seasonally, averaging 14.8% during a 21.7 mm winter storm and 79.5% during a 20.3 mm summer storm for a large, deciduous Platanus acerifolia tree. Effects of differences in temporal precipitation patterns, tree population traits, and pruning practices on interception in Santa Monica, Modesto, and Sacramento, California are described.     

OVERSEAS MARKET INFORMATION AND FIRMS' EXPORT DECISIONS

This paper examines how firms' decision to start exporting is affected by the availability of information on export markets. Unlike existing studies that focus on information sharing among firms, we are interested in the information provided by firms' main bank. Specifically, using a unique data set containing information on both Japanese firms' export activities and the experience of their main bank (i.e., their top lender bank) in transacting with other exporting firms, we examine whether main banks act as a conduit of information on export markets. We find that information spillovers through main banks positively affect client firms' decision to start exporting (extensive margin), implying that information on foreign markets provided by banks substantially reduces the fixed entry cost of exporting. On the other hand, we do not find any evidence that information provided by banks has an effect on the export volume or on the growth rate of exports (intensive margin). Our results highlight that channels of information spillovers other than those examined in the literature so far may be of considerable importance. (JEL F10, F14, G21)     

Provincial and cosmopolitan: floristic composition of a dryland urban river

High rates of intercontinental exchange of plant species have caused scientists to ask whether floristic areas with similar environments are undergoing global homogenization. We focused on riparian forests of the urban Salt River (Sonoran Desert, USA) to ask: (1) Is the forest dominated by cosmopolitan or provincial elements? (2) Which trees planted in the irrigated cityscape have established along the river? (3) Which types of restoration interventions have favored provincial species? We surveyed tree abundance, size and vigor in belt transects among five reaches that differed in degree of restoration, and obtained data on tree species composition of the urban landscape and pre-development riparian zone. Our results reveal the urban riparian forest to have many cosmopolitan elements, owing in part to spillover of trees from the cultivated cityscape (e.g., Acacia stenophylla, Vitex agnus-castus). Global spread of some regional (Neotropical) riparian taxa (e.g., Parkinsonia aculeata, Prosopis) also has contributed to the cosmopolitan status. Yet, the forests retain a distinct regional signature. Unintentional restoration of winter floods has allowed for regeneration of Salix gooddingii, a vernally-adapted provincial pioneer, although its long-term survivorship is restricted to limited micro-sites (storm drain outfalls). Urbanization-related changes in stream hydrogeomorphology explain increases in some regional species (e.g., Washingtonia spp.) that historically were excluded from the river.

Reaches restored by planting, weeding, watering, and geocountouring had the greatest abundance of provincial species and greatest floristic similarity to historic conditions.