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Sample records for ace approach economic

  1. Assessing Cost-Effectiveness in Obesity (ACE-Obesity): an overview of the ACE approach, economic methods and cost results

    Swinburn Boyd; Vos Theo; Magnus Anne; Markwick Alison; Moodie Marj; Carter Rob; Haby Michele M

    2009-01-01

    Abstract Background The aim of the ACE-Obesity study was to determine the economic credentials of interventions which aim to prevent unhealthy weight gain in children and adolescents. We have reported elsewhere on the modelled effectiveness of 13 obesity prevention interventions in children. In this paper, we report on the cost results and associated methods together with the innovative approach to priority setting that underpins the ACE-Obesity study. Methods The Assessing Cost Effectiveness...

  2. Assessing Cost-Effectiveness in Obesity (ACE-Obesity: an overview of the ACE approach, economic methods and cost results

    Swinburn Boyd

    2009-11-01

    Full Text Available Abstract Background The aim of the ACE-Obesity study was to determine the economic credentials of interventions which aim to prevent unhealthy weight gain in children and adolescents. We have reported elsewhere on the modelled effectiveness of 13 obesity prevention interventions in children. In this paper, we report on the cost results and associated methods together with the innovative approach to priority setting that underpins the ACE-Obesity study. Methods The Assessing Cost Effectiveness (ACE approach combines technical rigour with 'due process' to facilitate evidence-based policy analysis. Technical rigour was achieved through use of standardised evaluation methods, a research team that assembles best available evidence and extensive uncertainty analysis. Cost estimates were based on pathway analysis, with resource usage estimated for the interventions and their 'current practice' comparator, as well as associated cost offsets. Due process was achieved through involvement of stakeholders, consensus decisions informed by briefing papers and 2nd stage filter analysis that captures broader factors that influence policy judgements in addition to cost-effectiveness results. The 2nd stage filters agreed by stakeholders were 'equity', 'strength of the evidence', 'feasibility of implementation', 'acceptability to stakeholders', 'sustainability' and 'potential for side-effects'. Results The intervention costs varied considerably, both in absolute terms (from cost saving [6 interventions] to in excess of AUD50m per annum and when expressed as a 'cost per child' estimate (from Conclusion The use of consistent methods enables valid comparison of potential intervention costs and cost-offsets for each of the interventions. ACE-Obesity informs policy-makers about cost-effectiveness, health impact, affordability and 2nd stage filters for important options for preventing unhealthy weight gain in children. In related articles cost-effectiveness results and

  3. Economic evaluation of the annual cycle energy system (ACES). Final report. Volume III, appendices

    1980-06-01

    This volume consists of seven appendices related to ACES, the first three of which are concerned with computer programs. The appendices are entitled: (A) ACESIM: Residential Program Listing; (B) Typical Inputs and Outputs of ACESIM; (C) CACESS: Commercial Building Program Listing; (D) Typical Weather-Year Selection Requirements; (E) Building Characteristics; (F) List of Major Variables Used in the Computer Programs; and (G) Bibliography. 79 references.

  4. THE ECONOMIC APPROACH TO EDUCATION

    Marinela GEAMANU

    2009-01-01

    Economics education is circumscribe a multiplicative feedback through expansion, diversification, intensive interaction between the economy and education, as being in an economic perspective on education, along with sociological, psychological, technological, religious, family, public, etc. pespective, in other words, an application of economic theories, paradigms and approaches to economic education act, act deeply human, spiritual nature. In practice perspective, the economy has education a...

  5. Agent-Based Computational Economics: A Constructive Approach to Economic Theory

    Tesfatsion, Leigh

    2006-01-01

    This chapter explores the potential advantages and disadvantages of Agent-based Computational Economics (ACE) for the study of economic systems. General points are concretely illustrated using an ACE model of a two-sector decentralized market economy. Six issues are highlighted: Constructive understanding of production, pricing, and trade processes; the essential primacy of survival; strategic rivalry and market power; behavioral uncertainty and learning; the role of conventions and organizat...

  6. Blood pressure-lowering peptides from neo-fermented buckwheat sprouts: a new approach to estimating ACE-inhibitory activity.

    Masahiro Koyama

    Full Text Available Neo-fermented buckwheat sprouts (neo-FBS contain angiotensin-converting enzyme (ACE inhibitors and vasodilators with blood pressure-lowering (BPL properties in spontaneously hypertensive rats (SHRs. In this study, we investigated antihypertensive mechanisms of six BPL peptides isolated from neo-FBS (FBPs by a vasorelaxation assay and conventional in vitro, in vivo, and a new ex vivo ACE inhibitory assays. Some FBPs demonstrated moderate endothelium-dependent vasorelaxation in SHR thoracic aorta and all FBPs mildly inhibited ACE in vitro. Orally administered FBPs strongly inhibited ACE in SHR tissues. To investigate detailed ACE-inhibitory mechanism of FBPs in living body tissues, we performed the ex vivo assay by using endothelium-denuded thoracic aorta rings isolated from SHRs, which demonstrated that FBPs at low concentration effectively inhibited ACE in thoracic aorta tissue and suppressed angiotensin II-mediated vasoconstriction directly associated with BPL. These results indicate that the main BPL mechanism of FBP was ACE inhibition in living body tissues, suggesting that high FBP's bioavailability including absorption, tissue affinity, and tissue accumulation was responsible for the superior ACE inhibition in vivo. We propose that our ex vivo assay is an efficient and reliable method for evaluating ACE-inhibitory mechanism responsible for BPL activity in vivo.

  7. Ecological Economics: Themes, Approaches, and Differences with Environmental Economics

    Bergh, van den, H.

    2000-01-01

    This provides a short overview of the main themes of ecological economics (EE). It isargued that EE provides a platform that fosters multidisciplinary environmental research bybringing together the core contributing disciplines economics and ecology. In addition, EE isregarded as a pluralistic approach to environmental research that can be set opposite to, and hasindeed developed as a response to, traditional environmental and resource economics. Acomparison of the two fields is presented to ...

  8. An ace up their sleeve: a transcriptomic approach exposes the AceI efflux protein of Acinetobacter baumannii and reveals the drug efflux potential hidden in many microbial pathogens

    Karl A Hassan

    2015-04-01

    Full Text Available The era of antibiotics as a cure-all for bacterial infections appears to be coming to an end. The emergence of multidrug resistance in many hospital-associated pathogens has resulted in superbugs that are effectively untreatable. Multidrug efflux pumps are well known mediators of bacterial drug resistance. Genome sequencing efforts have highlighted an abundance of putative efflux pump genes in bacteria. However, it is not clear how many of these pumps play a role in antimicrobial resistance. Several studies have demonstrated that efflux pump genes that participate in drug resistance are typically under tight regulatory control and expressed only in response to their substrates. Consequently, changes in gene expression following antimicrobial shock treatments may be used to identify efflux pumps that mediate antimicrobial resistance, informing targeted functional analyses of these proteins. Using this approach we have characterised novel efflux pumps in both Gram-negative and Gram-positive bacteria. Notably, we recently applied this strategy to characterise the AceI efflux pump from Acinetobacter. AceI is a prototype for a new family of multidrug efflux proteins that is conserved across many proteobacterial lineages. Different efflux pumps in this family have been shown to confer resistance to biocides including chlorhexidine, dequalinium, benzalkonium, proflavine and/or acriflavine. The discovery of this novel family of multidrug efflux proteins raises the possibility that additional undiscovered intrinsic resistance proteins may be encoded in the core genomes of pathogenic bacteria.

  9. Sustainability economics, ontology and the capability approach

    Martins, Nuno O.

    2011-01-01

    Copyright © 2011 Elsevier B.V. All rights reserved. The relationship between sustainability economics and the capability approach has recently been explored. Here I shall discuss this relationship, and argue that a study of the ontology underlying the capability approach can help us to see more clearly the interconnections between sustainability economics and the capability approach. In particular, the interpretations of the capability approach as an ontological exercise, which have recent...

  10. Economic versus technical approaches to frequency management

    Falch, Morten; Tadayoni, Reza

    2004-01-01

    While telecom markets have been liberalized, the institutional framework for spectrum management has largely remained unchanged. In particular, the process of allocation of the spectrum to different applications is still based on technical rather than economic criteria. This paper contrasts...... economic and technical approaches to frequency management, with an examination of spectrum management challenges and the current regulatory framework as the starting point. The benefits and limitations of the free market approach are discussed, and an economic evaluation of the Danish spectrum is used to...

  11. Economic approaches to greenhouse warming

    Global environmental problems raise a host of major policy questions. They are all scientifically complex and controversial, and no scientific consensus is likely to emerge until irreversible decisions have been made. The costs and benefits of these changes transcend national boundaries, and nations, which cannot appropriate the global costs and benefits of such changes, are unlikely to be able or willing to make efficient decisions on how to combat these global externalities. In addition, these concerns sometimes have impacts over hundreds of years and thereby strain political decision making, which often functions effectively only when the crisis is at hand. This chapter considers some of the economic issues involved in deciding how to react to the threat of global warming. The author first reviews the theory and evidence on the greenhouse effect. He then presents evidence on the impacts of greenhouse warming, the costs of stabilizing climate, and the kinds of adaptations that might be available. In the final section, he reviews the policy initiatives that nations might follow in the near term

  12. Approaches towards airport economic performance measurement

    Ivana STRYČEKOVÁ

    2011-01-01

    Full Text Available The paper aims to assess how economic benchmarking is being used by airports as a means of performance measurement and comparison of major international airports in the world. The study focuses on current benchmarking practices and methods by taking into account different factors according to which it is efficient to benchmark airports performance. As methods are considered mainly data envelopment analysis and stochastic frontier analysis. Apart from them other approaches are discussed by airports to provide economic benchmarking. The main objective of this article is to evaluate the efficiency of the airports and answer some undetermined questions involving economic benchmarking of the airports.

  13. Ace Inhibitors and Angioedema

    Vleeming W; van Amsterdam JGC; de Wildt DJ; Stricker B; TOX

    1995-01-01

    Dit rapport beschrijft de risico's die verbonden zijn aan het gebruik van angiotensine converting enzym (ACE) remmers. Hierbij staat de bijwerking angio-oedeem centraal. De benodigde literatuur is verzameld aan de hand van een zoekaktie middels MEDLINE. ACE-remmers zijn in gebruik ter behand

  14. Marketing ACE in Victoria.

    2001

    This publication presents options raised through various forums for marketing adult and community education (ACE) in Victoria, Australia, and suggested strategies. After an introduction (chapter 1), chapters 2 and 3 provide a broad view of the current situation for marketing ACE. Chapter 2 discusses general issues in the current position--ACE…

  15. Approaches towards airport economic performance measurement

    Ivana STRYČEKOVÁ

    2011-01-01

    The paper aims to assess how economic benchmarking is being used by airports as a means of performance measurement and comparison of major international airports in the world. The study focuses on current benchmarking practices and methods by taking into account different factors according to which it is efficient to benchmark airports performance. As methods are considered mainly data envelopment analysis and stochastic frontier analysis. Apart from them other approaches are discussed by air...

  16. The economic approach to the time research

    A.V. Kendyuhov

    2012-09-01

    Full Text Available Article deals with category of time from economic point of view. Dependence of economic systems from economic time is analyzed. Based on analysis of economic time definition its features are improved.

  17. Decision Making under Ecological Regime Shift: An Experimental Economic Approach

    Kawata, Yukichika

    2011-01-01

    Environmental economics postulates the assumption of homo economicus and presumes that externality occurs as a result of the rational economic activities of economic agents. This paper examines this assumption using an experimental economic approach in the context of regime shift, which has been receiving increasing attention. We observe that when externality does not exist, economic agents (subjects of experimemt) act economically rationally, but when externality exists, economic agents avoi...

  18. Sustainable Groundwater Management Using Economic Incentive Approach

    Yan, T.; Shih, J.; Sanchirico, J. N.

    2006-12-01

    Although groundwater accounts for about 20% of the water consumption in the US, recent urban development, land use changes and agricultural activities in many regions (for example, Chesapeake Bay and eastern shore of Maryland) have resulted in deleterious impacts on groundwater quality. These impacts have dramatically increased potential human health and ecological system risks. One example is nitrogen pollution delivered to local waterways from septic systems via groundwater. Conventional approaches for nitrogen removal, such as pumping and treatment (nitrification-denitrification) process, tend to be expensive. On the other hand, economic incentive approaches (such as marketable permits) have the potential to increase the efficiency of environmental policy by reducing compliance costs for regulated entities and individuals and/or achieving otherwise uneconomical pollution reduction. The success of the sulfur dioxide trading market has led to the creation of trading markets for other pollutants, especially at the regional, state, and smaller (e.g. watershed) scales. In this paper, we develop an integrated framework, which includes a groundwater flow and transport model, and a conceptual management model. We apply this framework to a synthetic set up which includes one farm and two development areas in order to investigate the potential of using economic incentive approaches for groundwater quality management. The policy analysis is carried out by setting up the objective of the modeling framework to minimize the total cost of achieving groundwater quality goals at specific observation point using either a transferable development right (TDR) system between development areas and/or using a tax for fertilizer usage in the farm area. The TDR system consists of a planning agency delineating a region into restricted-use (e.g., agriculture, open space) and high intensity zones (e.g., residential, commercial uses). The agency then endows landowners in the restricted area

  19. The ACE experiment

    Maximilien Brice

    2006-01-01

    The Antiproton Cell Experiment (ACE) as shown by Michael Holzscheiter (spokesperson), Niels Bassler (co-spokesperson) and Helge Knudsen. ACE is located on the Antiproton Decelerator (AD) at CERN. An antiproton annihilates a proton in the nucleus of a cancer cell, producing a pair of gamma rays, destroying the entire cell and some surrounding cells. Many fewer antiprotons are required in this treatment than in the equivalent proton hadron therapy, so there is less risk of healthy tissue damage.

  20. Regional Economic Activity in Turkey: A New Economic Geography Approach

    Turgut, Mehmet Burak

    2014-01-01

    This paper studies the spatial economic activity in Turkey and estimates the correlation between wages and consumer demand across NUTS1 regions of Turkey. First, I estimate simple market potential function to test whether closeness to larger markets has impact on wages. Second, I estimate Krugman (1993) economic geography model to see the agglomeration forces in Turkey. The results suggest that wages are higher in the regions close to larger markets and low trade costs and high share of expen...

  1. Economic Gardening through Entrepreneurship Education: A Service-Learning Approach

    Desplaces, David E.; Wergeles, Fred; McGuigan, Patrick

    2009-01-01

    This article outlines the implementation of a service-learning approach in an entrepreneurship programme using an "economic gardening" strategy. Economic Gardening through Service-Learning (EGS-L) is an approach to economic development that helps local businesses and students grow through a facilitated learning process. Learning is made possible…

  2. Developing Communities: Serving ACE through Tertiary Education

    Sofo, Francesco

    2011-01-01

    Purpose: The purpose of this paper is to review the focus and practice of Adult and Community Education (ACE) as well as its conceptualization and delivery and to suggest parameters for an approach based on excellence, a balanced scorecard and performance to meet community needs. Design/methodology/approach: The review examines key aspects of the…

  3. Exploring the Approach of Institutional Economics to the Environment

    Clive L Spash; Mauricio G. Villena

    1999-01-01

    A neglected aspect of ecological economics is the link to the social context. The socio-economic perspective extends standard economic analysis into concerns for distribution, ethics and the power of institutions which form and implement policy. We explore how an institutional perspective on ecological economics might operate and provide a distinct methodology. In order to understand the institutional approach and how it differs from the standard economic methodology a historical overview...

  4. Advanced Customer Oriented Development of Software (ACES

    Stojan Russev

    2006-12-01

    Full Text Available Object oriented development languages and event driven programming, distributed or centralized data processing with thick or rich clients are used at present in information systems (IS development. Using of existing methodologies and methods In IS designing does not always mean reaching of needed project solution quality. In some cases it is more effective to use combination of structured and object oriented tools or new methodology, which is built according the newest information technologies. One of such methodologies is Advanced Customer Oriented Development of Software (ACES, which is oriented on IS of economic organization development and application of the newest information technologies. ACES was established by the authors at Faculty of Economic Informatics of University of Economics in Bratislava.

  5. Economics and ethics: a historical approach

    Ciani Scarnicci, Manuela

    2012-01-01

    Amartya Sen (1933-) is one of the greatest scholars who studied the relationship between ethics and economics and was held the Nobel Economics Prize thanks to this. At the awarding of the Nobel prize, while talking about his studies, the motive was: “...has been highly instrumental in restoring an ethical dimension to economics and related disciplines”. Precisely the theories of this binomial taken from the work of A. Sen “Economics and Ethics” are the basis of this work. Thanks to A. Se...

  6. Evolutionary Theories in Environmental and Resource Economics: Approaches and Applications

    Bergh, van den, E.; Gowdy, J.

    1998-01-01

    Recent advances in evolutionary theory have important implications for environmental economics. A short overview is offered of evolutionarythinking in economics. Subsequently, major concepts and approaches inevolutionary biology and evolutionary economics are presented andcompared. Attention is devoted, among others, to Darwinian selection,punctuated equilibrium, sorting mechanisms, Lamarckian evolution,coevolution and self-organization. Basic features of evolution, such assustained change, i...

  7. Advanced Colloids Experiment (ACE-T1)

    Meyer, William V.; Sicker, Ron; Brown, Dan; Eustace, John

    2015-01-01

    Increment 45 - 46 Science Symposium presentation of Advanced Colloids Experiment (ACE-T1) to RPO. The purpose of this event is for Principal Investigators to present their science objectives, testing approach, and measurement methods to agency scientists, managers, and other investigators.

  8. Intellectual Property: The Law and Economics Approach

    Posner, Richard A

    2005-01-01

    With the rise of the law and economics movement, the focus of economic analysis of intellectual property has begun to shift to more concrete and manageable issues concerning the structure and texture of the complicated pattern of common law and statutory doctrines, legal institutions and business practices relating to intellectual property. Among the issues discussed in this paper are the length of protection for intellectual property, the rules that allow considerable copying of intellectual...

  9. Selecting Economic Immigrants: An Actuarial Approach

    McHale, John; Rogers, Keith

    2009-01-01

    There is growing international interest in a Canadian-style points system for selecting economic immigrants. Although existing points systems have been influenced by the human capital literature, the findings have traditionally been incorporated in an ad hoc way. This paper explores a formal method for designing a points system based on a human capital earnings regression for predicting immigrant economic success. The method is implemented for Canada using the IMDB, a remarkable longitudinal ...

  10. ECONOMIC SECURITY – NEW APPROACHES IN THE CONTEXT OF GLOBALIZATION

    Gabriel ANDRUSEAC

    2015-08-01

    Full Text Available Nowadays, more than ever, economic relations between states are the ones that define the general character of the relations between them and establish economic security as a concept which cannot be neglected anymore. Globalization, the process that shapes the international environment, undermines the old definition of economic security and forces its redefinition. The article aims to identify and analyse the effects of globalization on economic security and the new approaches it takes in this context.

  11. ECONOMIC SECURITY – NEW APPROACHES IN THE CONTEXT OF GLOBALIZATION

    Gabriel ANDRUSEAC

    2015-01-01

    Nowadays, more than ever, economic relations between states are the ones that define the general character of the relations between them and establish economic security as a concept which cannot be neglected anymore. Globalization, the process that shapes the international environment, undermines the old definition of economic security and forces its redefinition. The article aims to identify and analyse the effects of globalization on economic security and the new approaches it takes in this...

  12. An approach to the economic analysis of water supply projects

    Lovei, Laszlo

    1992-01-01

    Development economists are increasingly concerned about the correct approach to economic analysis of projects. By looking for a compromise between theory (which identifies ideals) and practice (which deals within the bounds of time and resource constraints), Lovei focuses on potential guidelines for economic appraisals of water supply projects. He summarizes theory and the current World Bank guidelines on the economic analysis of water supply projects; reviews the method of economic analysis ...

  13. ACE INHIBITORS: A COMPREHENSIVE REVIEW

    Pradeep Kumar Arora* and Ashish Chauhan

    2013-02-01

    Full Text Available Hypertension is a chronic increase in blood pressure, characterized as primary and secondary hypertension. The disorder is associated with various risk factors like obesity, diabetes, age, lack of exercise etc. Hypertension is being treated since ancient times by Ayurvedic, Chinese and Unani medicine. Now various allopathic drugs are available which include diuretics, calcium channel blockers, α-blockers, β-blockers, vasodilators, central sympatholytics and ACE-inhibitors. Non-pharmacological treatments include weight reduction, dietary sodium reduction, increased potassium intake and reduction in alcohol consumption. ACE-inhibitors are widely used in the treatment of hypertension by inhibiting the angiotensin converting enzyme responsible for the conversion of angiotensin I to angiotensin II (responsible for vasoconstriction. Various structure activity relationship studies led to the synthesis of ACE-inhibitors, some are under clinical development. This comprehensive review gives various guidelines on classification of hypertension, hypertension therapy including ancient, pharmacological, non-pharmacological therapies, pharmacoeconomics, historical perspectives of ACE, renin, renin angiotensin system (circulating vs local RAS, mechanism of ACE inhibitors, and development of ACE inhibitors. Review also emphasizes on the recent advancements on ACE inhibitors including drugs in clinical trials, computational studies on ACE-inhibitors, peptidomimetics, dual, natural, multi-functional ACE inhibitors, and conformational requirements for ACE-inhibitors.

  14. Heterogeneous Computing in Economics: A Simplified Approach

    Dziubinski, Matt P.; Grassi, Stefano

    This paper shows the potential of heterogeneous computing in solving dynamic equilibrium models in economics. We illustrate the power and simplicity of the C++ Accelerated Massive Parallelism recently introduced by Microsoft. Starting from the same exercise as Aldrich et al. (2011) we document a...

  15. Heterogeneous Computing in Economics: A Simplified Approach

    Dziubinski, Matt P.; Grassi, Stefano

    2012-01-01

    This paper shows the potential of heterogeneous computing in solving dynamic equilibrium models in economics. We illustrate the power and simplicity of the C++ Accelerated Massive Parallelism recently introduced by Microsoft. Starting from the same exercise as Aldrich et al. (2011) we document a speed gain together with a simplified programming style that naturally enables parallelization.

  16. Financial Development and Economic Growth: A Panel Data Approach

    Nuno Carlos LEITÃO

    2010-10-01

    Full Text Available The relationship between financial development and economic growth has been studied long time in economics (Adam Smith and Schumpeter. Structural reforms and the integration of financial markets have been attracting the interest of the academic community. This manuscript examines the link between financial development and economic growth. The European Union Countries (EU-27, and BRIC (Brazil, Russia, India and China were examined, between 1980 and 2006. Using a static and dynamic panel data approach, the results demonstrate that the financial development contribute to economic growth. Our study also consider productivity and trade, these proxies confirm the positive effect on economic growth.

  17. An assessment of uncertainty on a LOFT L2-5 LBLOCA PCT based on the ACE-RSM approach: complementary work for the OECD BEMUSE PHASE-III program

    As pointed out in the OECD BEMUSE Program, when a high computation time is taken to obtain the relevant output values of a complex physical model (or code), the number of statistical samples that must be evaluated through it is a critical factor for the sampling-based uncertainty analysis. Two alternative methods have been utilized to avoid the problem associated with the size of these statistical samples: one is based on Wilks' formula, which is based on simple random sampling, and the other is based on the conventional nonlinear regression approach. While both approaches provide a useful means for drawing conclusions on the resultant uncertainty with a limited number of code runs, there are also some unique corresponding limitations. For example, a conclusion based on the Wilks' formula can be highly affected by the sampled values themselves, while the conventional regression approach requires an a priori estimate on the functional forms of a regression model. The main objective of this paper is to assess the feasibility of the ACE-RSM approach as a complementary method to the Wilks' formula and the conventional regression-based uncertainty analysis. This feasibility was assessed through a practical application of the ACE-RSM approach to the LOFT L2-5 LBLOCA PCT uncertainty analysis, which was implemented as a part of the OECD BEMUSE Phase III program

  18. Methodological Approach to Comprehensive Economic Evaluation of Water Resources

    Valeriy Mandzyk

    2014-01-01

    As a result of this research, the methodical approaches to comprehensive economic assessment of water resources are worked out. In particular, it is offered to conduct the comprehensive economic assessment in three stages. In the first stage, the economic assessment of water resources as the basis of human life is carried out. The result of this assessment is the monetary value of social and environmental significance of water resource of water body for human and the environment. The main met...

  19. An Organizational Economics Approach to Organizational Change in Emerging Economies

    Meisam Karami; Shaghayegh Malekifar; Muhammad Siddique; Saif-Ur-Rehman Khan

    2014-01-01

    Organizational change in Transitional economies is influenced by multiple political, historical and economic factors not present in established market economies. This study proposes an organizational economics approach to organizational change in emerging economies. Based on transaction cost economics and resource based view, the cost of change is proposed as a mediator of change and perceived commitment to transition is proposed as antecedents of cost of change for organizations in emerging ...

  20. Modern approaches to classification of economic risks

    Larisa Radzykhovskaya

    2014-04-01

    Full Text Available The author substantiated necessity of detailed classification of economic risks, formulated principles, which should be considered in a process ofdevelopment of classifications. The author described characteristics, which may be used for creation of a classification of economic risks. Classificationsdeveloped by modern scientists are proposed. The author offers to reduce characterization of a risk to such positions as uncertainty,danger, losses, and probability. Construction of a detailed classification of risks enable to most thoroughly attack the problem of appearance offactors that contribute a risk and to research risks as a whole. Thus, further researches in this branch continue to be actual and necessary, especiallyfor a practical activity. Basing on a classification, each type of a risk can be thoroughly analyzed, modeled, separated into elements. Theseprocesses enable to decrease uncertainty of a situation, making an appropriate decision. The classifications of risks considered in the article enableto determine a position of each type of risks in their general system and also effectively use particular techniques and methods of minimizationand management of risks.

  1. FEATURES OF AN ECONOMIC APPROACH AT RESEARCH OF CORRUPTION PHENOMENON

    M.O. Izotov

    2012-08-01

    Full Text Available In article features of an economic approach are considered when developing the anti-corruption measures directed on restriction of possibilities of any discretion and excessive intervention of civil servants in economic activity, including through differentiation of functions and specification of competences. The special urgency of researches of a problem of corruption as special social phenomenon is noted.

  2. Rousseau, Happiness, and the Economic Approach to Education

    Gilead, Tal

    2012-01-01

    Since the 1960s, the influence of economic thought on education has been steadily increasing. Taking Jean-Jacques Rousseau's educational thought as a point of departure, Tal Gilead critically inquires into the philosophical foundations of what can be termed the economic approach to education. Gilead's focus in this essay is on happiness and the…

  3. Economic Approaches to the Evaluation of Research.

    Averch, Harvey A.

    1994-01-01

    This article reviews the principal methods economists and cost benefit analysts use in evaluating research. Two common approaches are surplus measures (combinations of consumer and producer surpluses) and productivity measures. Technical difficulties and political and organizational constraints are discussed for these measures. (SLD)

  4. Higher Economic Education System. A Postindustrial Approach

    Ion Gh. Rosca

    2006-03-01

    Full Text Available Human society steps, with or without its willing, towards knowledge era which rises new exigencies for education and research. Universities are influenced and, in the same time, influence the new society. They define new duties, visions and aims according to the European common space organizing. New arguments appear as national priority, changes within concepts approaches are produced, universities adapt to new structures, integrate within education’s global market, ensuring a high level ofthe research and training services.

  5. Higher Economic Education System. A Postindustrial Approach

    Ion Gh. Rosca

    2006-01-01

    Full Text Available Human society steps, with or without its willing, towards knowledge era which rises new exigencies for education and research. Universities are influenced and, in the same time, influence the new society. They define new duties, visions and aims according to the European common space organizing. New arguments appear as national priority, changes within concepts approaches are produced, universities adapt to new structures, integrate within education’s global market, ensuring a high level of the research and training services.

  6. Economic approach of the environment and environmental conservation

    This book takes the non-economist by the hand in a step-by-step economic approach of environmental issues and how to handle them. Two chapters provide an introduction to the concepts of the economy, chapter six in decision theory. In the first chapter, the economist discovers a broader vision by testing the economic approach to insights from other disciplines. Chapter 4 explains how economic reasoning can contribute tot environmental protection in practice. The consideration of the costs and benefits of environmental protection indicates objectives that must be pursued for the community. The conflict between private and public interest forces policy makers to get and maintain the numerous polluters focused on environmental protection. Suitable instruments are discussed in chapter five, including criteria for choice and an in-depth study of the economic instruments levies and tradable emission permits. The EU Emission trading Scheme is used as reference. [mk

  7. Economic Doctrines and Approaches to Climate Change Policy

    Atkinson, Robert D.; Hackler, Darrene

    2010-01-01

    In climate change, as in all policy issues, economic philosophy has a significant influence on how people view both the problems and the solutions. For the first time, ITIF surveys four dominant schools of economic thought and analyzes how adherents approach policy options for climate change and energy policy. With climate change and major energy legislation stalled, maybe it is time to put aside fixed philosophical notions and take a practical look on ways to address climate change in an eco...

  8. Evaluation of the differences between the SRTM and satellite radar altimetry height measurements and the approach taken for the ACE2 GDEM in areas of large disagreement.

    Smith, Richard Gavin; Berry, Philippa A M

    2011-06-01

    The new ACE2 (Altimeter Corrected Elevations 2) Global Digital Elevation Model (GDEM) which has recently been released aims to provide the most accurate GDEM to date. ACE2 was created by synergistically merging the SRTM and altimetry datasets. The comprehensive comparison carried out between the two datasets yielded a myriad of information, with the areas of disagreement providing as much valuable information as the areas of agreement. Analysis of the comparison dataset revealed that certain topographic features displayed consistent differences between the two datasets. The largest differences globally are present over the rainforests, particularly the two largest, around the Amazon and the Congo. The differences range between 10 m and 40 m; these differences can be attributed to the height of the rainforest canopy, as the SRTM returned height values from somewhere within the uppermost reaches of the vegetation whereas the altimeter was able to penetrate through and return true ground heights. The second major class of terrain feature to demonstrate coherent differences are desert regions; here, different deserts present different characteristics. The final area of interest is that of Wetlands; these are areas of special significance because even a slight misrepresentation of the heights can have wide ranging effects in modelling wetland areas. These examples illustrate the valuable additional information content gleaned from the synergistic global combination of the two datasets. PMID:21509388

  9. Beginning RPG Maker VX Ace

    Perez, Darrin

    2014-01-01

    Beginning RPG Maker VX Ace takes you through the process of using the RPG Maker VX Ace game development engine to create your very own role playing game. The book has been designed with the complete beginner in mind who has little to no experience with the engine. Tutorials and exercises will take you from installing the software to putting the final touches upon your first project. Game design can be quite a daunting challenge, as it generally involves a large amount of programming know-how on top of having to plan everything out that makes a good game what it is. RPG Maker VX Ace

  10. Economic Dispatch Using Genetic Algorithm Based Hybrid Approach

    Power Economic Dispatch (ED) is vital and essential daily optimization procedure in the system operation. Present day large power generating units with multi-valves steam turbines exhibit a large variation in the input-output characteristic functions, thus non-convexity appears in the characteristic curves. Various mathematical and optimization techniques have been developed, applied to solve economic dispatch (ED) problem. Most of these are calculus-based optimization algorithms that are based on successive linearization and use the first and second order differentiations of objective function and its constraint equations as the search direction. They usually require heat input, power output characteristics of generators to be of monotonically increasing nature or of piecewise linearity. These simplifying assumptions result in an inaccurate dispatch. Genetic algorithms have used to solve the economic dispatch problem independently and in conjunction with other AI tools and mathematical programming approaches. Genetic algorithms have inherent ability to reach the global minimum region of search space in a short time, but then take longer time to converge the solution. GA based hybrid approaches get around this problem and produce encouraging results. This paper presents brief survey on hybrid approaches for economic dispatch, an architecture of extensible computational framework as common environment for conventional, genetic algorithm and hybrid approaches based solution for power economic dispatch, the implementation of three algorithms in the developed framework. The framework tested on standard test systems for its performance evaluation. (authors)

  11. A techno-economic approach to plant life management

    This paper discusses the need for changing priorities in plant life management. Following a brief review of the major world-wide trends which are affecting plant life management, the fundamental nature of the plant life management process itself is considered. It is suggested that a consistent approach to the management of economic and safety risk can provide a mechanism for continuous improvement of the process. One such approach, Techno-Economic Ageing and Maintenance Management - TEAMM, is described. The tool required for this process are discussed and examples given of its application to ageing plant and evaluation of life extension. 2 figs

  12. Advanced Cathode Electrolyzer (ACE) Project

    National Aeronautics and Space Administration — The proposed innovation is a static, cathode-fed, 2000 psi, balanced-pressure Advanced Cathode Electrolyzer (ACE) based on PEM electrolysis technology. It...

  13. ACE spectrum of LDPC codes

    Vukobratović Dejan

    2006-01-01

    Full Text Available Construction of short-length LDPC codes with good, both waterfall and error-floor, behavior is still an attractive research problem. Recently proposed construction algorithms in this field are based on remarkably simple ideas, but yet, their effectiveness can still be questioned. In this paper we investigate a novel measure of goodness of a given LDPC code namely its ACE spectrum, based on a previously introduced ACE metrics associated with each cycle in LDPC code graph.

  14. Integrated approach to economical, reliable, safe nuclear power production

    An Integrated Approach to Economical, Reliable, Safe Nuclear Power Production is the latest evolution of a concept which originated with the Defense-in-Depth philosophy of the nuclear industry. As Defense-in-Depth provided a framework for viewing physical barriers and equipment redundancy, the Integrated Approach gives a framework for viewing nuclear power production in terms of functions and institutions. In the Integrated Approach, four plant Goals are defined (Normal Operation, Core and Plant Protection, Containment Integrity and Emergency Preparedness) with the attendant Functional and Institutional Classifications that support them. The Integrated Approach provides a systematic perspective that combines the economic objective of reliable power production with the safety objective of consistent, controlled plant operation

  15. Taxes and Corporate Financing Decisions – Evidence from the Belgian ACE Reform

    aus dem Moore, Nils

    2014-01-01

    We contribute to the empirical literature on the debt bias of corporate income taxation through a micro-econometric evaluation of the so-called ACE corporate tax reform in Belgium based on firm-level accounting data. We interpret the tax reform that came into effect in January 2006 as an economic quasi experiment. We identify its causal impact on the leverage ratio of Belgian corporations by means of a difference-in-differences (DiD) approach, using corporations from the UK as comparison grou...

  16. Modelling the economic impacts of climate change on global and European agriculture: Review of economic structural approaches

    Fernández, Francisco J.; Blanco, Maria

    2015-01-01

    The economic effects of climate change on agriculture have been widely assessed in the last two decades. Many of these assessments are based on the integration of biophysical and agro-economic models, allowing to understand the physical and socio-economic responses of the agricultural sector to future climate change scenarios. The evolution of the bio-economic approach has gone through different stages. This review analyses its evolution: firstly, framing the bio-economic approach into the co...

  17. Methodological Approaches To Economic Evaluation Of Forest Resources

    Igor Lytsur

    2012-01-01

    The article formed the complex process of economic assessment of forest resources and given it's definition. A new approach to determining costs for locking the main types of forest. Allocated forestry (in Keywords: forest) and forest harvesting (in forest exploitation) rents.

  18. ECONOMIC APPROACH FOR CONTROL AGRICULTURAL NONPOINT SOURCE POLLUTION IN CHINA

    WANG Xiao-yan; CAO Li-ping

    2005-01-01

    This paper mainly discusses the feasibility to establish economic policy systems for control and management of agricultural nonpoint source pollution in China. The current situation of serious agricultural nonpoint source pollution in China is described firstly. Based on the environmental policy and economics theories, the system of economic policies for control and management of agricultural nonpoint source pollution is designed in this paper. This system includes the policy objective, the designing principle and the methods. The key issues include pollution charge,inputs tax for restriction, subsides for induction and incentive, effluent trading for least cost reduction. The emphases are optimized on inputs tax and agricultural chemical tax permit under complete information, as well as sub-optimized inputs tax under incomplete information, subsides for farm due to positive and negative externality. The functions and suitability of the policies are also analyzed in the paper. According to the field experiment results and other relating economic data in watershed of the Chaohe River, Beijing, some economic approaches to reducing agricultural nonpoint source pollution are proposed. The main idea is to encourage and support the farmers to improve their farming way,and to implement the policy of castigating charge simultaneously. The feasibility of the policies are analyzed with consideration of economy, technology and institution. It is concluded that the economic policies are necessary and feasible.

  19. Economic evaluation of multilateral nuclear fuel cycle approach

    Recently previous works have shown that multilateral nuclear fuel cycle approach has benefits not only of non-proliferation but also of cost effectiveness. This is because for most facilities in nuclear fuel cycle, there exist economies of scale, which has a significant impact on the costs of nuclear fuel cycle. Therefore, the evaluation of economic rationality is required as one of the evaluation factors for the multilateral nuclear fuel cycle approach. In this study, we consider some options with respect to multilateral approaches to nuclear fuel cycle in Asian-Pacific region countries that are proposed by the University of Tokyo. In particular, the following factors are embedded into each type: A) no involvement of assurance of services, B) provision of assurance of services including construction of new facility, without transfer of ownership, and C) provision of assurance of service including construction of new joint facilities with ownership transfer of facilities to multilateral nuclear fuel cycle approach. We show the overnight costs taking into account install and operation of nuclear fuel cycle facilities for each option. The economic parameter values such as uranium price, scale factor, and market output expansion influences the total cost for each option. Thus, we show how these parameter values and economic risks affect the total overnight costs for each option. Additionally, the international facilities could increase the risk of transportation for nuclear material compared to national facilities. We discuss the potential effects of this transportation risk on the costs for each option. (author)

  20. ACE to Ulysses Coherences

    Thomson, D. J.; Maclennan, C. G.; Lanzerotti, L. J.

    2006-12-01

    The EPAM charged particle instrument on ACE is the backup for the HISCALE instrument on Ulysses making the two ideally suited for spatial coherence studies over large heliosphere distances. Fluxes of low-energy ( ~50 - 200 keV) electrons are detected in eight spatial sectors on both spacecraft. A spherical harmonic description of the particle flux as a function of time using only the l=0 and l=1 degree coefficients describes most of the observed flux. Here we concentrate on the three l=1 coefficients for the 60--100 kev electrons.Between the two spacecraft these result in nine coherence estimates that are all typically moderately coherent, but the fact that the different coefficients at each spacecraft are also coherent with each other makes interpretation difficult. To avoid this difficulty we estimated the canonical coherences between the two groups of three series. This, in effect, chooses an optimum coordinate system at each spacecraft and for each frequency and estimates the coherence in this frame. Using one--minute data, we find that the canonical coherences are generally larger at high frequencies (3 mHz and above) than they are at low frequencies. This appears to be generally true and does not depend particularly on time, range, etc. However, if the data segment is chosen too long, say > 30 days with 1--minute sampling, the coherence at high frequencies drops. This may be because the spatial and temporal features of the mode are confounded, or possibly because the solar modes p--modes are known to change frequency with solar activity, so do not appear coherent on long blocks.The coherences are not smooth functions of frequency, but have a bimodal distribution particularly in the 100 μHz to 5 mHz range. Classifying the data at frequencies where the canonical coherences are high in terms of apparent polarization and orientation, we note two major families of modes that appear to be organized by the Parker spiral. The magnetic field data on the two

  1. Performativity of economic systems: Approach and implications for taxonomy

    Herrmann-Pillath, Carsten

    2012-01-01

    The paper proposes to ground the taxonomy of economic systems on the identification of strongly performative institutions as distinctive features. I analyse performativity on the basis of the Aoki model of institutions, enriched by current approaches to performativity, which I combine with Searle's notion of a status function. Performativity is conceived as resulting from the conjunction of public representations (sign systems) and behavioral dispositions which channel strategic interactions ...

  2. Insertion/deletion polymorphism of the ACE gene and adherence to ACE inhibitors

    Schelleman, H; Klungel, O H; van Duijn, C M; Witteman, J C M; Hofman, A; de Boer, A; Stricker, B H Ch

    2005-01-01

    AIMS: We investigated whether the insertion/deletion (I/D) polymorphism of the ACE gene modified the adherence to ACE inhibitors as measured by the discontinuation of an ACE inhibitor, or addition of another antihypertensive drug. METHODS: This was a cohort study among 239 subjects who started ACE i

  3. The Economics of Gasification: A Market-Based Approach

    Luis M. Abadie

    2009-08-01

    Full Text Available This paper deals with the economics of gasification facilities in general and IGCC power plants in particular. Regarding the prospects of these systems, passing the technological test is one thing, passing the economic test can be quite another. In this respect, traditional valuations assume constant input and/or output prices. Since this is hardly realistic, we allow for uncertainty in prices. We naturally look at the markets where many of the products involved are regularly traded. Futures markets on commodities are particularly useful for valuing uncertain future cash flows. Thus, revenues and variable costs can be assessed by means of sound financial concepts and actual market data. On the other hand, these complex systems provide a number of flexibility options (e.g., to choose among several inputs, outputs, modes of operation, etc.. Typically, flexibility contributes significantly to the overall value of real assets. Indeed, maximization of the asset value requires the optimal exercise of any flexibility option available. Yet the economic value of flexibility is elusive, the more so under (price uncertainty. And the right choice of input fuels and/or output products is a main concern for the facility managers. As a particular application, we deal with the valuation of input flexibility. We follow the Real Options approach. In addition to economic variables, we also address technical and environmental issues such as energy efficiency, utility performance characteristics and missions (note that carbon constraints are looming. Lastly, a brief introduction to some stochastic processes suitable for valuation purposes is provided.

  4. The personnel economics approach to public workforce research.

    Gibbs, Michael

    2009-11-01

    This article argues that the relatively new field of personnel economics (PE) holds strong potential as a tool for studying public sector workforces. This subfield of labor economics is based on a strong foundation of microeconomics, which provides a robust theoretical foundation for studying workforce and organizational design issues. PE has evolved on this foundation to a strong practical emphasis, with theoretical insights designed for practical use and with strong focus on empirical research. The field is also characterized by creative data entrepreneurship. The types of datasets that personnel economists use are described. If similar datasets can be obtained for public sector workforces, PE should be a very useful approach for studying them. PMID:19829236

  5. Economic policy on the threshold of the new economy: approaches to determining, content, dichotomies

    Timchuk Boris S.

    2014-01-01

    The article deals with the essence of economic policy as a science, analyzes the two-century transformation of the economic policy, offers a versatile approach to determination of the economic policy in the New economy.

  6. Modern environmental and economic approach of mining industry

    Carsten Drebenstedt

    2013-03-01

    Full Text Available In the article, the need of transition to the rational subsoil use (the alternative mining approach is proved, which unlike general one supposes the increasing of extraction rate of valuable components in the deposit and multiple use of raw materials, the maximizing recycling, the decreasing of land occupation, the increasing of the development period of deposit at some income decrease up to the moderate level, which is enough to provide the attraction for investors. The multicriteriality is considered as the crucial principle of rational subsoil use at taking management decisions, i.e. the considering of ecological, economic and social targets, aimed at receiving moderate profit at proper social and environmental standards. The graphic representation of models of the general mining approach and the alternative one allows to emphasize the specified advantages of transition to rational subsoil resources development and reflect them in design equation. In the paper, three performance strategies providing the implementation of the alternative approach are offered: full-field development, application ecologically and economically effective systems and the development processes, consideration of reclamation and minimization of long term environmental effects of mining

  7. The economics of gasification: a market-based approach

    This paper deals with the economics of gasification facilities in general and Integrated Gasification Combined Cycle (IGCC) power plants in particular. Regarding the prospects of these systems, passing the technological test is one thing, passing the economic test can be quite another. In this respect, traditional valuations assume constant input and/or output prices. Since this is hardly realistic, we allow for uncertainty in prices. We naturally look at the markets where many of the products involved are regularly traded. Futures markets on commodities are particularly useful for valuing uncertain future cash flows. Thus, revenues and variable costs can be assessed by means of sound financial concepts and actual market data. On the other hand, these complex systems provide a number of flexibility options (e.g., to choose among several inputs, outputs, modes of operation, etc.). Typically, flexibility contributes significantly to the overall value of real assets. Indeed, maximization of the asset value requires the optimal exercise of any flexibility option available. Yet the economic value of flexibility is elusive, the more so under (price) uncertainty. And the right choice of input fuels and/or output products is a main concern for the facility managers. As a particular application, we deal with the valuation of input flexibility. We follow the Real Options approach. In addition to economic variables, we also address technical and environmental issues such as energy efficiency, utility performance characteristics and emissions (note that carbon constraints are looming). Lastly, a brief introduction to some stochastic processes suitable for valuation purposes is provided. (author)

  8. Approaches to entrepreneurship development through assessing the validity of economic knowledge

    Levina R. S.

    2013-01-01

    This article emphasizes the need to develop methodologies through applying valid economic knowledge within research approaches used in writing final and PhD theses in order to apply this knowledge in the development of entrepreneurship in the context of model approaches. The proposed methodological approach in the field of economic education contributes to the training of highly qualified specialists in economics.

  9. ACE INHIBITORS: A COMPREHENSIVE REVIEW

    Pradeep Kumar Arora* and Ashish Chauhan

    2013-01-01

    Hypertension is a chronic increase in blood pressure, characterized as primary and secondary hypertension. The disorder is associated with various risk factors like obesity, diabetes, age, lack of exercise etc. Hypertension is being treated since ancient times by Ayurvedic, Chinese and Unani medicine. Now various allopathic drugs are available which include diuretics, calcium channel blockers, α-blockers, β-blockers, vasodilators, central sympatholytics and ACE-inhibitors. Non-pharmacological...

  10. Economism

    P. Simons

    2010-07-01

    Full Text Available Modern society is characterised not only by a fascination with scientific technology as a means of solving all problems, especially those that stand in the way of material progress (technicism, but also by an obsessive interest in everything that has to do with money (economism or mammonism. The article discusses the relationship between technicism and economism, on the basis of their relationship to utilitarian thinking: the quest for the greatest happiness for the greatest number of people. Recent major studies of neo-liberalism (seen as an intensification of utilitarianism by Laval and Dardot are used as reference to the development of utilitarianism. It is suggested that the western view of the world, as expressed in economism and technicism, with a utilitarian ethics, features three absolutisations: those of theoretical thinking, technology and economics. In a second part, the article draws on the framework of reformational philosophy to suggest an approach that, in principle, is not marred by such absolutisations.

  11. Advanced Collaborative Emissions Study (ACES)

    Greenbaum, Daniel; Costantini, Maria; Van Erp, Annemoon; Shaikh, Rashid; Bailey, Brent; Tennant, Chris; Khalek, Imad; Mauderly, Joe; McDonald, Jacob; Zielinska, Barbara; Bemis, Jeffrey; Storey, John; Hallberg, Lance; Clark, Nigel

    2013-12-31

    The objective of the Advanced Collaborative Emissions Study (ACES) was to determine before widespread commercial deployment whether or not the new, energy-efficient, heavy duty diesel engines (2007 and 2010 EPA Emissions Standards Compliant) may generate anticipated toxic emissions that could adversely affect the environment and human health. ACES was planned to take place in three phases. In Phase 1, extensive emissions characterization of four production-intent prototype engine and control systems designed to meet 2007 standards for nitrogen oxides (NOx) and particulate matter (PM) was conducted at an existing emissions characterization facility: Southwest Research Institute (SwRI). One of the tested engines was selected (at random, after careful comparison of results) for health testing in Phase 3. In Phase 2, extensive emission characterization of three production-intent prototype engine and control systems meeting the 2010 standards (including more advanced NOx controls to meet the more stringent 2010 NOx standards) was conducted at the same test facility. In Phase 3, one engine/aftertreatment system selected from Phase 1 was further characterized during health effects studies (at an existing inhalation toxicology laboratory: Lovelace Respiratory Research Institute, [LRRI]) to form the basis of the ACES safety assessment. The Department of Energy (DOE) award provided funding for emissions characterization in Phases 1 and 2 as well as exposure characterization in Phase 3. The main health analyses in Phase 3 were funded separately and are not reported here.

  12. Modeling the QSAR of ACE-Inhibitory Peptides with ANN and Its Applied Illustration

    Ronghai He

    2012-01-01

    Full Text Available A quantitative structure-activity relationship (QSAR model of angiotensin-converting enzyme- (ACE- inhibitory peptides was built with an artificial neural network (ANN approach based on structural or activity data of 58 dipeptides (including peptide activity, hydrophilic amino acids content, three-dimensional shape, size, and electrical parameters, the overall correlation coefficient of the predicted versus actual data points is =0.928, and the model was applied in ACE-inhibitory peptides preparation from defatted wheat germ protein (DWGP. According to the QSAR model, the C-terminal of the peptide was found to have principal importance on ACE-inhibitory activity, that is, if the C-terminal is hydrophobic amino acid, the peptide's ACE-inhibitory activity will be high, and proteins which contain abundant hydrophobic amino acids are suitable to produce ACE-inhibitory peptides. According to the model, DWGP is a good protein material to produce ACE-inhibitory peptides because it contains 42.84% of hydrophobic amino acids, and structural information analysis from the QSAR model showed that proteases of Alcalase and Neutrase were suitable candidates for ACE-inhibitory peptides preparation from DWGP. Considering higher DH and similar ACE-inhibitory activity of hydrolysate compared with Neutrase, Alcalase was finally selected through experimental study.

  13. Risk as economic category: systematics scientific approach and refinement contents

    V.G. Vygovskyy

    2015-03-01

    Full Text Available The paper studies the categorical-conceptual apparatus of risk and its refinement based on a critical analysis of existing systematic scientific approaches. Determined that in the refinement of the economic nature of the risk of a number of controversial issues: the definition of the objective or subjective nature of risk; matching of concepts such as «risk», «danger», «loss», «probability of loss»; definition of negative or positive consequences of risk; identification of risk with its consequences, or source of origin, which makes the relevance of research topics. As a result of scientific research has been refined interpretation of risk as an economic category, the characteristics of the company associated with the probability of unforeseen situations that may lead to negative and positive impacts, assessment of which requires the development of alternatives for management decisions. Clarification of the definition focuses on the possibility (probability of a favorable (unfavorable events which require certain corrective action management unit of the enterprise. The author emphasizes the mandatory features of the category of «risk», in particular: the concept of risk is always associated with the uncertainty of the future; event occurring has implications for the enterprise (both negative and positive; consequences for necessitates the development of a number of alternative solutions to the possible elimination of the negative consequences of risky events; risk – a mandatory attribute of modern management (its value is enhanced in terms of market conditions; subject to risk assessment and management by the company. Dedicated and updated features contribute to the clarification of the nature of the economic risk and categorical conceptual apparatus of risk management.

  14. Synthesis of angiotensin-converting enzyme (ACE inhibitors: an important class of antihypertensive drugs

    Lima Dênis Pires de

    1999-01-01

    Full Text Available This report outlines the discovery, the design and development of new compounds, and, structure-activity relationships for this drug category. Updated approaches to planned syntheses of new worthy ACE-inhibitors are also exploited.

  15. General relativistic observables for the ACES experiment

    Turyshev, Slava G; Toth, Viktor T

    2015-01-01

    We develop a high-precision model for relativistic observables of the Atomic Clock Ensemble in Space (ACES) experiment on the International Space Station (ISS). We develop all relativistic coordinate transformations that are needed to describe the motion of ACES in Earth orbit and to compute observable quantities. We analyze the accuracy of the required model as it applies to the proper-to-coordinate time transformations, light time equation, and spacecraft equations of motion. We consider various sources of nongravitational noise and their effects on ACES. We estimate the accuracy of orbit reconstruction that is needed to satisfy the ACES science objectives. Based on our analysis, we derive models for the relativistic observables of ACES, which also account for the contribution of atmospheric drag on the clock rate. We include the Earth's oblateness coefficient $J_2$ and the effects of major nongravitational forces on the orbit of the ISS. We demonstrate that the ACES reference frame is pseudo-inertial at th...

  16. A Continuing Approach, from Financial Economics to Financial Econometrics or the Econometric Thinking Applied to Financial Economics

    Gheorghe Săvoiu; Constantin Manea

    2013-01-01

    The main aim of this paper is to attempt a theoretical delineation of a new econoscience now known as financial econometrics, which is as a result of a dual approach, one originally from economics to econometrics, followed by another one, articulate, from financial economics to financial econometrics, both purely theoretical, simultaneously stressing the importance of economic and financial modelling, historically detailing the emergence and development of this new econoscience, outlining its...

  17. AN ECONOMIC APPROACH ON INTERNATIONAL POLICY COORDINATION ASPECTS

    Dr. Anastasios Alexandridis

    2011-10-01

    Full Text Available The analysis of international policy co-ordination has been a major growth area within macroeconomics for the past twenty years. It has, however, developed in a confused way, combining approaches from a number of areas of economic theory and being forced to confront the gap between that theory and international political economy. At the same time, basic approaches to the desirability of increased co-ordination often remain embedded in the original attitudes of participants towards domestic macroeconomic policy. This relates most obviously to issues such as the desirability of government management of the economy and the nature of the exchange rate system. The result has been that we now have an increasingly well-developed, highly technical body of literature which, with some interesting exceptions, supports the idea of increased international macroeconomic policy co-ordination, while remaining cautious about the size of the gains which will come from it. At the same time, uncertainty remains over the precise meaning of several of the terms used in the field and, more importantly, over the interpretation of the outcomes of international conferences and the actions of governments. This latter uncertainty relates not just to the likely consequences of policy actions but even to the motives for them. It is this contrast between the smooth surface of theory and the unevenness of historical events which we wish to capture here

  18. New Approach to Solve Multiobjective Environmental / Economic Dispatch

    Tawfik Guesmi

    2006-06-01

    Full Text Available The resolution of the environmental/economic dispatch (EED problem using the different methods which are proposed in literature consumes an important computing time. Thus, the present paper deals with a technique based on two steps to solve the EED problem of electric energy power in real-time for forecast load curve. The first step uses the NSGAII approach (Non-dominated Sorting Genetic Algorithm to solve the multi-objective problem MOP for different levels of load by treating the two cases, problem without line constraints and with line constraints. To verify effectiveness of this approach, NSGAII is compared with other algorithms which are used in the literature. Such as, weighted sum method (WSM, NPGA (Niched Pareto Genetic Algorithm, NSGA and SPEA (Strength Pareto Evolutionary Algorithm. To exploit the results in real time for forecast load curve, second step uses a radial basis function neural network (RBFN with 3 layers, input layer formed by the level of global load, hidden layer and output layer formed by the generations of the various machines. The validity and effectiveness of this technique are verified by an example of a load curve of a didactic electric network IEEE 30-bus system with 6-generating units.

  19. An economical approach to four-dimensional variational data assimilation

    Wang, Bin; Liu, Juanjuan; Wang, Shudong; Cheng, Wei; Juan, Liu; Liu, Chengsi; Xiao, Qingnong; Kuo, Ying-Hwa

    2010-07-01

    Four-dimensional variational data assimilation (4DVar) is one of the most promising methods to provide optimal analysis for numerical weather prediction (NWP). Five national NWP centers in the world have successfully applied 4DVar methods in their global NWPs, thanks to the increment method and adjoint technique. However, the application of 4DVar is still limited by the computer resources available at many NWP centers and research institutes. It is essential, therefore, to further reduce the computational cost of 4DVar. Here, an economical approach to implement 4DVar is proposed, using the technique of dimensionreduced projection (DRP), which is called "DRP-4DVar." The proposed approach is based on dimension reduction using an ensemble of historical samples to define a subspace. It directly obtains an optimal solution in the reduced space by fitting observations with historical time series generated by the model to form consistent forecast states, and therefore does not require implementation of the adjoint of tangent linear approximation. To evaluate the performance of the DRP-4DVar on assimilating different types of mesoscale observations, some observing system simulation experiments are conducted using MM5 and a comparison is made between adjoint-based 4DVar and DRP-4DVar using a 6-hour assimilation window.

  20. Insertion/deletion polymorphism of the ACE gene and adherence to ACE inhibitors

    H. Schelleman (Hedi); O.H. Klungel (Olaf); C.M. van Duijn (Cock); J.C.M. Witteman (Jacqueline); A. Hofman (Albert); A. de Boer (Anthonius); B.H.Ch. Stricker (Bruno)

    2005-01-01

    textabstractAims: We investigated whether the insertion/deletion (I/D) polymorphism of the ACE gene modified the adherence to ACE inhibitors as measured by the discontinuation of an ACE inhibitor, or addition of another antihypertensive drug. Methods: This was a cohort study among 239 subjects who s

  1. POMB/ACE chemotherapy for mediastinal germ cell tumours.

    Bower, M; Brock, C; Holden, L; Nelstrop, A; Makey, A R; Rustin, G J; Newlands, E S

    1997-05-01

    Mediastinal germ cell tumours (MGCT) are rare and most published series reflect the experiences of individual institutions over many years. Since 1979, we have treated 16 men (12 non-seminomatous germ cell tumours and 4 seminomas) with newly diagnosed primary MGCT with POMB/ACE chemotherapy and elective surgical resection of residual masses. This approach yielded complete remissions in 15/16 (94%) patients. The median follow-up was 6.0 years and no relapses occurred more than 2 years after treatment. The 5 year overall survival in the non-seminomatous germ cell tumours (NSGCT) is 73% (95% confidence interval 43-90%). One patient with NSGCT developed drug-resistant disease and died without achieving remission and 2 patients died of relapsed disease. In addition, 4 patients with bulky and/or metastatic seminoma were treated with POMB/ACE. One died of treatment-related neutropenic sepsis in complete remission and one died of relapsed disease. Finally, 4 patients (2 NSGCT and 2 seminomas) referred at relapse were treated with POMB/ACE and one was successfully salvaged. The combination of POMB/ACE chemotherapy and surgery is effective management for MGCT producing high long-term survival rates. PMID:9291802

  2. A Macroeconomic Approach to Teaching Supply-Side Economics.

    Kyer, Ben L.; Maggs, Gary E.

    1994-01-01

    Contends that supply-side economics has generated a long-standing debate in both academic and political circles. Discusses the concepts of supply-side economics and how it is represented by the Laffer Curve. Illustrates the use of graphic analysis of tax rates and revenue to show the Laffer effect and supply-side economics. (CFR)

  3. THE WAY OF PROCESSING DATA IN APPROACHING ECONOMIC APPLICATIONS

    ADRIAN GHENCEA

    2012-05-01

    Full Text Available Economic Informatics originates in the industry economy and the electronic processing of information. A clear distinction is made between IT and economic informatics, and further between general and particular economic informatics (the particular economic informatics meaning administration, industrial informatics etc. Economic informatics is deemed to be an applicative science relating to the conception, working modality and representation of IT and communication systems, oriented towards companies which are using electronic computers. This paper pursues to integrate applications allowing the information systems to interconnect at informational level, by information sharing, and at service level, considering the control of the related processes in real time.

  4. ACE/ACE2 Ratio and MMP-9 Activity as Potential Biomarkers in Tuberculous Pleural Effusions

    Wen-Yeh Hsieh, Tang-Ching Kuan, Kun-Shan Cheng, Yan-Chiou Liao, Mu-Yuan Chen, Pei-Heng Lin, Yuan-Chang Hsu, Chen-Yi Huang, Wei-Hua Hsu, Sheng-Yao Yu, Chih-Sheng Lin

    2012-01-01

    Full Text Available Objective: Pleural effusion is common problem, but the rapid and reliable diagnosis for specific pathogenic effusions are lacking. This study aimed to identify the diagnosis based on clinical variables to differentiate pleural tuberculous exudates from other pleural effusions. We also investigated the role of renin-angiotensin system (RAS and matrix metalloproteinase (MMPs in the pathogenesis of pleural exudates.Experimental design: The major components in RAS and extracellular matrix metabolism, including angiotensin converting enzyme (ACE, ACE2, MMP-2 and MMP-9 activities, were measured and compared in the patients with transudative (n = 45 and exudative (n = 80 effusions. The exudative effusions were come from the patients with tuberculosis (n = 20, pneumonia (n = 32, and adenocarcinoma (n = 28.Results: Increased ACE and equivalent ACE2 activities, resulting in a significantly increased ACE/ACE2 ratio in exudates, were detected compared to these values in transudates. MMP-9 activity in exudates was significantly higher than that in transudates. The significant correlation between ACE and ACE2 activity that was found in transudates was not found in exudates. Advanced analyses showed significantly increased ACE and MMP-9 activities, and decreased ACE2 activity in tuberculous pleural effusions compared with those in pneumonia and adenocarcinoma effusions. The results indicate that increased ACE and MMP-9 activities found in the exudates were mainly contributed from a higher level of both enzyme activities in the tuberculous pleural effusions.Conclusion: Interplay between ACE and ACE2, essential functions in the RAS, and abnormal regulation of MMP-9 probably play a pivotal role in the development of exudative effusions. Moreover, the ACE/ACE2 ratio combined with MMP-9 activity in pleural fluid may be potential biomarkers for diagnosing tuberculous pleurisy.

  5. Differential regulation of renal angiotensin-converting enzyme (ACE) and ACE2 during ACE inhibition and dietary sodium restriction in healthy rats

    Hamming, I.; van Goor, H.; Turner, A. J.; Rushworth, C. A.; Michaud, A. A.; Corvol, P.; Navis, G.

    2008-01-01

    Angiotensin-converting enzyme (ACE) 2 is thought to counterbalance ACE by breakdown of angiotensin (Ang) II and formation of Ang(1-7). Both enzymes are highly expressed in the kidney, but reports on their regulation differ. To enhance our understanding of the regulation of renal ACE and ACE2, we inv

  6. Austrian Economics and the Transaction Cost Approach to the Firm

    Nicolai J. Foss

    2009-10-01

    Full Text Available As the transaction cost theory of the firm was taking shape in the 1970s, another important movement in economics was emerging: a revival of the ‘Austrian’ tradition in economic theory associated with such economists as Ludwig von Mises and F. A. Hayek (1973; Dolan, 1976; Spadaro, 1978. As Oliver Williamson has pointed out, Austrian economics is among the diverse sources for transaction cost economics. In particular, Williamson frequently cites Hayek (e.g., Williamson, 1985, p. 8; 1991, p. 162, particularly Hayek’s emphasis on adaptation as a key problem of economic organisation (Hayek, 1945. Following Williamson’s lead, a reference to Hayek’s ‘The Use of Knowledge in Society’ (Hayek, 1945 has become almost mandatory in discussions of economic organisation (e.g., Ricketts, 1987, p. 59; Milgrom and Roberts, 1992, p. 56; Douma and Schreuder 1991, p. 9. However, there are many other potential links between Austrian and transaction cost economics that have not been explored closely and exploited.This article argues that characteristically Austrian ideas about property, entrepreneurship, economic calculation, tacit knowledge, and the temporal structure of capital have important implications for theories of economic organisation, transaction cost economics in particular. Austrian economists have not, however, devoted substantial attention to the theory of the firm, preferring to focus on business-cycle theory, welfare economics, political economy, comparative economic systems, and other areas. Until recently the theory of the firm was an almost completely neglected area in Austrian economics, but over the last decade, a small Austrian literature on the firm has emerged. While these works cover a wide variety of theoretical and applied topics, their authors share the view that Austrian insights have something to offer students of firm organisation.

  7. Islamic Banking and Economic Growth — A cointegration Approach

    Mosab I. Tabash; Raj S. Dhankar

    2014-01-01

    This paper explores empirically the relationship between the development of Islamic finance system and economic growth and its direction in Qatar. Using econometric analysis, annually time-series data of economic growth and Islamic banks’ financing from 1990 to 2008 were used. We use Islamic banks’ financing funds given by Islamic banks as a proxy for the development of Islamic finance system and Gross Domestic Product (GDP), and Gross Fixed Capital Formation (GFCF) as proxies for real econom...

  8. A Spatial Approach to Energy Economics: Theory, Measurement and Empirics

    Moreno-Cruz, Juan; Taylor, M. Scott

    2014-01-01

    This paper sets out a simple spatial model of energy exploitation to ask how the location and productivity of energy resources may affect the distribution of economic activity around the globe. This is a very large research question, and we take one small step towards answering it by combining elements from resource and energy economics into one framework that links the spatial productivity of energy sources (both renewable and non-renewable) to the incentives for economic activity to concent...

  9. Measuring economic journals’ citation efficiency: A data envelopment analysis approach

    Halkos, George; Tzeremes, Nickolaos

    2011-01-01

    This paper by using Data Envelopment Analysis (DEA) and statistical inference evaluates the citation performance of 229 economic journals. The paper categorizes the journals into four main categories (A to D) based on their efficiency levels. The results are then compared to the 27 “core economic journals” as introduced by Dimond (1989). The results reveal that after more than twenty years Diamonds’ list of “core economic journals” is still valid. Finally, for the first time the paper uses da...

  10. Modeling the QSAR of ACE-Inhibitory Peptides with ANN and Its Applied Illustration

    Ronghai He; Haile Ma; Weirui Zhao; Wenjuan Qu; Jiewen Zhao; Lin Luo; Wenxue Zhu

    2012-01-01

    A quantitative structure-activity relationship (QSAR) model of angiotensin-converting enzyme- (ACE-) inhibitory peptides was built with an artificial neural network (ANN) approach based on structural or activity data of 58 dipeptides (including peptide activity, hydrophilic amino acids content, three-dimensional shape, size, and electrical parameters), the overall correlation coefficient of the predicted versus actual data points is = 0 . 9 2 8 , and the model was applied in ACE-inhibitory ...

  11. A consumption approach to wastes from economic activities.

    Beylot, Antoine; Boitier, Baptiste; Lancesseur, Nicolas; Villeneuve, Jacques

    2016-03-01

    In a context of waste management policies aimed at promoting waste prevention and recycling and, conversely, reducing waste landfilling, this study investigates how waste is generated and treated in a consumption perspective. A Waste Input-Output Analysis is implemented that considers 14 waste fractions and four waste management techniques. Input-Output Tables extended to wastes are initially compiled for the year 2008 considering France and five of its main import suppliers, and further completed with data on waste treatment. Wastes from economic activities are accordingly reallocated to the product categories of household consumption that induce their production. In particular, considering five waste categories (dry recyclable wastes, mixed wastes, mineral wastes, organic wastes, and total wastes) as an aggregation of the 14 waste fractions studied, the ten product categories with the highest contribution account for 64-86% of the total generation of wastes. Waste intensity and volume of expenses are analyzed as the drivers for the amounts of wastes induced by each product category. Similarly, the products responsible for the largest amounts of waste landfilling and incineration without energy recovery, i.e. the management techniques at the bottom of the "waste management hierarchy", are identified. Moreover, this study highlights the relative importance of waste produced abroad as compared to that produced in France, regarding the total amount of waste induced by French household consumption. The sensitivity of results to the modeling of import production is subsequently discussed. Finally, the potential perspectives for this type of consumption approach are considered with respect to its utility and current limitations in a context of waste policy planning, and more particularly regarding the way waste policy targets are set. PMID:26851169

  12. A Continuing Approach, from Financial Economics to Financial Econometrics or the Econometric Thinking Applied to Financial Economics

    Gheorghe Săvoiu

    2013-04-01

    Full Text Available The main aim of this paper is to attempt a theoretical delineation of a new econoscience now known as financial econometrics, which is as a result of a dual approach, one originally from economics to econometrics, followed by another one, articulate, from financial economics to financial econometrics, both purely theoretical, simultaneously stressing the importance of economic and financial modelling, historically detailing the emergence and development of this new econoscience, outlining its subject and objectives, and describing some of the most commonly used methods and models, while noting the presence of increasingly sharp competition of econophysics, sociophysics and economy quantum, in the universe of modelling the processes and phenomena in classical economics and financial economics.

  13. FDBACE code for fast Doppler broadening ACE format based on parallel processing

    Highlights: • For fast and exact broadening of the ACE data tables, we used a new broadening algorithm. • A new code called FDBACE has been developed which generates high temperature ACE files. • This code can be easily converted to a module for using internally in Monte Carlo code. • A parallel algorithm is used for fast broadening based on shared memory scheme. - Abstract: In this article we introduce a code called FDBACE (Fast Doppler Broadening ACE) which has been developed as a tool for MCNP users to enhance the generation of high temperature ACE data tables. In this code, we developed new broadening, thinning and unionization subroutines, implemented in FORTRAN programming language, for directly broadening the ACE data table at desired temperature. For fast and exact broadening of the ACE data tables, we used a new parallel broadening algorithm based on the kernel broadening approach and shared memory scheme (using OpenMP). The thermal scattering table for molecules and crystalline solids, and probability table for unresolved resonances are computed by interpolating data between two bracketing temperatures. This code, which reads the ACE data table file and broadens it to the desired temperature and then writes it to a new ACE data table file, can be easily converted to an internal module embedded in Monte Carlo source code for In-line Doppler broadening. Accuracy, performance and formatting of FDBACE are evaluated for validation of the proposed method by three different test cases. The results obtained from FDBACE code, shows that it has a good performance over previous codes such as NJOY, SIGACE and MAKXSF in generating high temperature ACE data tables

  14. Economic impacts of climate change on agrifood markets: A bio-economic approach with a focus on the EU

    Blanco Fonseca, Maria; Ramos, Fabien; Van Doorslaer, Benjamin

    2014-01-01

    Projections for world food production and prices play a crucial role to evaluate and tackle future food security challenges. Understanding how these projections will be affected by climate change is the main objective of this study. By means of a bio-economic approach we assess the economic impacts of climate change on agrifood markets, providing both a global analysis and a regionalised evaluation within the EU. To account for uncertainty, we analyse the IPCC emission scenario A1B for the 20...

  15. Emotions, perceptions and economic behavior. A critical-philosophical approach to the place of Psychology in Economics

    Vicente Caballero de la Torre

    2012-10-01

    Full Text Available This paper presents the origin of the issue of empathy in the History of Ideas and its importance in economics, as well as its revitalization. It concludes that it is not the study of empathy, so fashionable today, but the study of decision making the place where Economics can find the nature of emotions in relation to human behavior. This nature is its power to inhibit behavior. The study of repentance is itself more interesting and helpful for the economy than the study of empathy. Finally, the institutional approach is presented as the best in order to understand the issues related to economic human behavior

  16. An economic approach to the measurement of growth in the output of public services

    Mark Chandler

    2009-01-01

    This article explores the application of economic theory to the measurement of growth in public service output. This approach is designed to take account of changes in the quality of the output. The article discusses two alternative economic approaches; the basic expenditure determinants approach and the use of outcome production functions. The article demonstrates how the approaches could work in practice with ahypothetical example of expenditure and outcome production functions for police s...

  17. Undergraduate Research and Economic Development: A Systems Approach in Wisconsin

    Van Galen, Dean; Schneider-Rebozo, Lissa; Havholm, Karen; Andrews, Kris

    2015-01-01

    This chapter presents the state of Wisconsin and the University of Wisconsin System as an ongoing case study for best practices in systematic, intentional, statewide programming and initiatives connecting undergraduate research and economic development.

  18. Essays in political economy and resource economic: A macroeconomic approach

    Rodriguez Acosta, Mauricio

    2016-01-01

    This dissertation consists of four chapters in Political Economy and Resource Economics from a macroeconomic perspective. This collection of works emphasizes the endogenous nature of institutions and their importance for economic development. The four chapters revolve around two central questions: 1. Why do inefficient institutions emerge and persist over time? And, 2. What are the dynamic consequences of inefficient institutions? The first two chapters investigate these two central questions...

  19. Corruption as a field of economics: Experimental approach and design

    Kyyrönen, Risto

    2014-01-01

    OBJECTIVES OF THE STUDY: This thesis has three main objectives. To provide a thorough review of the theoretical foundation of corruption in economics, introduce the methodologies and their main results and lastly design an economic corruption experiment addressing mechanics and importance of reciprocity for individuals in comparison to other moral costs of corruption. THEORETICAL FOUNDATION: Theoretical foundation reviewed in the thesis comprises of both theoretical and practical ...

  20. A Transactions Cost Economics (TCE) Approach to Optimal Contract Type

    Raymond Franck; Francois Melese; John Dillard

    2006-01-01

    Proceedings Paper (for Acquisition Research Program) This study examines defense acquisition through the new lens of Transaction Cost Economics (TCE). TCE is an emergent field in economics that has multiple applications to defense acquisition practices. TCE''s original focus was to guide ''make-or-buy?'' decisions that define the boundaries of a firm. This study reviews insights afforded by TCE that impact government outsourcing (''buy'' decisions), paying special attention to defense pro...

  1. Methodological Approaches concerning Steady Socio-Economic Development of City

    A. Berezhna; Yu. Popova

    2010-01-01

    The urgent for today problem of socio-economic development of cities of Ukraine is explored there. Modeling is the methodological basis of research.On the basis of the detailed analysis of works of domestic and foreign scientists in the field of socio-economic development there has been defined basic types of models (linear, partial improvement, multiple-line, actor, structural), generalized the developments in relation to territorial development, to which in particular belong: analysis of fu...

  2. International Tourism and Economic Growth: a Panel Data Approach

    Sequeira, Tiago Neves; Campos, Carla

    2005-01-01

    On average, tourism-specialized countries grow more than others. This fact is inconsistent with economic theory as, in particular, endogenous growth theory suggests that economic growth is linked with: (1) sectors with high intensity in R&D and thus high productivity; (2) large scale. In this paper, we use panel data methods to go further in treating the endogeneity problem. In general and contrary to previous works, we conclude that tourism, on its own, cannot explain the higher growth rates...

  3. Rationality, hermeneutics, and communicational processes: On L. Lachmann's approach of hermeneutical economics

    Priddat, Birger P.

    2012-01-01

    Only a few economists knew about hermeneutical economics. But my request is to confirm hermeneutical economics only for the reason to make it criticable. Without any doubt, hermeneutical economics is worth to be criticized; but it is an incomplete approach. The first part presents Ludwig M. Lachmann's version of hermeneutical economics. Lachmann is picked up from the scenario of hermeneutical economists (i.e. Ebeling, Berger, Lavoie, some authors of Kirzner 1986, etc.), because he is the most...

  4. Towards an interpretation of economic inequality in rural areas: a conceptual and empirical approach

    Cristiano Perugini; Gaetano Martino

    2007-01-01

    Towards an Interpretation of Economic Inequality in Rural Areas: a Conceptual and Empirical Approach (by Gaetano Martino and Cristiano Perugini) - ABSTRACT: Department of Economic Sciences and Rural Appraisal, University of Perugia 1 Department of Economics, Finance and Statistics, University of Perugia 2 (Paper first received, April 2005; in final form, April 2006) Abstract Economic inequality among European regions has been widely investigated, and a large number of empirical results have e...

  5. Estimating economic losses from earthquakes using an empirical approach

    Jaiswal, Kishor; Wald, David J.

    2013-01-01

    We extended the U.S. Geological Survey's Prompt Assessment of Global Earthquakes for Response (PAGER) empirical fatality estimation methodology proposed by Jaiswal et al. (2009) to rapidly estimate economic losses after significant earthquakes worldwide. The requisite model inputs are shaking intensity estimates made by the ShakeMap system, the spatial distribution of population available from the LandScan database, modern and historic country or sub-country population and Gross Domestic Product (GDP) data, and economic loss data from Munich Re's historical earthquakes catalog. We developed a strategy to approximately scale GDP-based economic exposure for historical and recent earthquakes in order to estimate economic losses. The process consists of using a country-specific multiplicative factor to accommodate the disparity between economic exposure and the annual per capita GDP, and it has proven successful in hindcast-ing past losses. Although loss, population, shaking estimates, and economic data used in the calibration process are uncertain, approximate ranges of losses can be estimated for the primary purpose of gauging the overall scope of the disaster and coordinating response. The proposed methodology is both indirect and approximate and is thus best suited as a rapid loss estimation model for applications like the PAGER system.

  6. Integration of biophysical and agro-economic models to assess the economic effects of climate change on agriculture: A review of global and EU regional approaches

    Fernández, Francisco J.; Blanco, Maria

    2014-01-01

    The economic effects of climate change on agriculture have been widely assessed in the last two decades. Many of these assessments are based on the integration of biophysical and agro-economic models, allowing to understand the physical and socio-economic responses of the agricultural sector to future climate change scenarios. The evolution of the bio-economic approach has gone through different stages.This review analyses its evolution: firstly, framing the bio-economic approach into the con...

  7. Strong sustainability in Nepal: A structural economics approach

    Devkota, Surendra R.

    This dissertation analyzes the sustainability of the economy of Nepal. The main empirical question addressed is whether the Tenth Plan of Nepal (2002--2007) will meet its projected economic output goal and achieve its primary goal of reducing poverty. To this end, economic growth scenarios are examined in terms of availability of energy demand and supply, and income disparity among different households. The structure of the Nepali economy is examined using a Leontief input-output table, a Ghosian supply-side input-output table, and a social accounting matrix for the year 1999. Based on the input-output analysis of energy demand and supply for the 10th Plan, it is unlikely that energy requirements of the projected output will be met, unless some extra sources of energy are developed. Households need to switch their energy use from fuel wood/biomass to other alternatives. In order to meet the target of the Plan vis-a-vis energy demand or supply, a few policy measures are urgently needed, though some of these options require many years to develop. Household income inequality and distribution is examined through the SAM multipliers; namely aggregate, transfer, open-loop, and closed-loop multipliers. The investment-income multiplier scenarios for the 10th Plan indicate that the nominal income of households may increase due to the increased investment, which will not necessarily improve the bottom deciles households, particularly socio-economically deprived households. Economic growth in Nepal during the past fifty years demonstrates that the modernization model is unsuccessful. Economic growth occurred at some centers at the cost of periphery. A huge regional disparity has developed between hills and plains, east and west, city and rural areas. Nepal's persistent poverty indicates a failure of modernization theory. The Tenth Plan would be another continuation of a failed legacy, unless social and natural endowments are considered for sustainability. Nepal could be an

  8. Are We Approaching an Economic Singularity? Information Technology and the Future of Economic Growth

    William D. Nordhaus

    2015-01-01

    What are the prospects for long-run economic growth? The present study looks at a recently launched hypothesis, which I label Singularity. The idea here is that rapid growth in computation and artificial intelligence will cross some boundary or Singularity after which economic growth will accelerate sharply as an ever-accelerating pace of improvements cascade through the economy. The paper develops a growth model that features Singularity and presents several tests of whether we are rapidly a...

  9. Are We Approaching an Economic Singularity? Information Technology and the Future of Economic Growth

    William D. Nordhaus

    2015-01-01

    What are the prospects for long-run economic growth?, the present study looks at a more recently launched hypothesis, which I label Singularity. The idea here is that rapid growth in computation and artificial intelligence will cross some boundary or Singularity after which economic growth will accelerate sharply as an ever-accelerating pace of improvements cascade through the economy. The paper develops a growth model that features Singularity and presents several tests of whether we are rap...

  10. The Governance Of Localized Knowledge: An Information Economics Approach For The Economics Of Knowledge

    Antonelli, Cristiano

    2005-01-01

    Information economics provides important tools to articulate an economics analysis of the governance mechanisms for the generation and exploitation of localized technological knowledge. A variety of hybrid forms of knowledge governance ranging from coordinated transactions and constructed interactions to quasi-hierarchies can be found between the two unrealistic extremes of pure markets and pure organizations. The notion of localized technological knowledge as a highly heterogeneous dynamic p...

  11. The Interaction of Obesity Related Genotypes, Phenotypes, and Economics: An Experimental Economics Approach with Mice

    Davis, George C.; Jacob, Jacy; Good, Deborah J.

    2011-01-01

    Food intake is greatly influenced by economic factors. Consequently, neuroeconomics has been identified as a new and important area for understanding the interaction between genotypes and phenotypes related to food intake. A foundational element of economics is choice between alternatives. Changing food choices are a central element in the explanation of the increasing obesity rates in human populations. The purpose of this research is to incorporate the key element of choice into the investi...

  12. Tax Compliance Models: From Economic to Behavioral Approaches

    Larissa Margareta BĂTRÂNCEA; Ramona Anca NICHITA; Ioan BĂTRÂNCEA; Bogdan Andrei MOLDOVAN

    2012-01-01

    The paper reviews the models of tax compliance with an emphasis on economic and behavioral perspectives. Although the standard tax evasion model of Allingham and Sandmo and other similar economic models capture some important aspects of tax compliance (i.e., taxpayers’ response to increases in tax rate, audit probability, penalty rate) they do not suffice the need for an accurate prediction of taxpayers’ behavior. The reason is that they do not offer a comprehensive perspective on the sociolo...

  13. Constructal Theory: a new approach to spatial economics and finance

    Heitor Reis, António; Dionísio, Andreia

    2009-01-01

    This paper illustrates an application of Constructal Theory to spatial economics and Þnance. Constructal theory is about the generation of architecture in ßow systems in general. Simply stated, the constructal law proclaims a tendency to maximize ßow access in time, i.e., for a Þnite-size ßow system to persist in time (to live), it must evolve in such a way that it provides easier access to the currents that ßow through it. Constructal optimization in spatial economics is po...

  14. A new approach to secure economic power dispatch

    Zhu, JZ; Irving, MR; Xu, GY

    1998-01-01

    This article presents a new nonlinear convex network flow programming model and algorithm for solving the on-line economic power dispatch with N and N−1 security. Based on the load flow equations, a new nonlinear convex network flow model for secure economic power dispatch is set up and then transformed into a quadratic programming model, in which the search direction in the space of the flow variables is to be solved. The concept of maximum basis in a network flow graph was introduced so tha...

  15. A cognitive approach to law and economics: Hayek's legacy,

    Angela Ambrosino

    2014-01-01

    Hayek’s contribution to the analysis of law has been widely criticized and disputed. This paper shares with a recent assessment by Beaulier, Boettke and Coyne the opinion that the significance of Hayek’s legal writings and their relevance to law and economics can only be completely understood by jointly analyzing his economic theory and his legal theory. Moreover it will be argued that both theories must be reconsidered in light of Hayek’s theory of mind. This theory, in fact, represents the ...

  16. Is the “Ecological and Economic Approach for the Restoration of Collapsed Gullies” in Southern China Really Economic?

    Chengchao Wang

    2015-07-01

    Full Text Available Collapsed gully erosion constantly plagues the sustainability of rural areas in China. To control collapsed gully erosion, an ecological and economic approach, which uses tree plantation to gain economic benefits and control soil erosion, has been widely applied by local governments in Southern China. However, little is known about the economic feasibility of this new method. The objective of this study was to determine the effectiveness and economic benefits of the new method. Based on a case study in Changting County, Southeast China, two farms were selected to represent a timber tree plantation and a fruit tree plantation, respectively. The Annual Capital Capitalization Method and Return on Investment (ROI were selected to conduct cost-benefit analysis. In contrast to previous studies, we found that the new approach was far from economic. The value of the newly-built forestland in Sanzhou Village and Tufang Village is 2738 RMB ha−1 and 5477 RMB ha−1, respectively, which are extremely lower than the costs of ecological restoration. Meanwhile, the annual ROI is −3.60% and −8.90%, respectively, which is negative and also far poorer than the average value of forestry in China. The costs of conservation were substantially over the related economic benefits, and the investors would suffer from greater loss if they invested more in the conservation. Low-cost terraces with timber trees had less economic loss compared with the costly terraces with fruit tree plantation. Moreover, the cost efficiency of the new approaches in soil conservation was also greatly poorer than the conventional method. The costs of conserving one ton soil per year for conventional method, new method for planting timber trees, and planting fruit trees were 164 RMB, 696 RMB, and 11,664 RMB, respectively. Therefore, the new collapsed gully erosion control methods are uneconomic and unsuitable to be widely carried out in China in the near future.

  17. Effects of approach and withdrawal motivation on interactive economic decisions

    Harle, K.M.; Sanfey, A.G.

    2010-01-01

    Although recent economic models of human decision making have recognised the role of emotion as an important biasing factor, the impact of incidental emotion on decisions has remained poorly explored. To address this question, we jointly explored the role of emotional valence (i.e., positive vs. neg

  18. Spurring Economic Growth through Education: The Malaysian Approach

    Rao, R. Ramesh; Jani, Rohana

    2009-01-01

    The economic progress made by many countries is attributed to many factors. Education is often quoted as a major contributing factor. There are many researches done in evaluating and determining the role of education in nations. In this paper, factors of education which have helped in the case of Malaysia are dwelled upon. Education has helped…

  19. Approaches of Extension Specialists to Teaching Community and Economic Development.

    Leones, Julie

    1995-01-01

    Responses from 64 of 80 extension agents specializing in community resources and economic development identified the "Journal of the Community Development Society" as the primary source of ideas and information. Frequently cited program topics were entrepreneurship, fiscal policy, budgeting, strategic planning, and leadership development. Among…

  20. Problems of Economic Development in Reunified Germany. Retrospective Approach

    Marta Gotz

    2011-07-01

    Full Text Available Does Eastern Germany differ significantly from Western part in economic terms? How have new Bundeslnder been developing over past twenty years? How fast has East been catching up with West? What could have hampered convergence? How today are German states equipped with factors determining future growth? How the new Bundeslnder performed do compared with the old ones? This paper seeks to address above mentioned questions. It offers a comprehensive review of key economic developments of two decades of reunited Germany. Particularly it examines current economic landscape; investigates convergence processes taking place since reunification and tries to identify most likely impediments hampering full catching up. Finally, it aims at assessing contemporary growth potential of German states. With respect to the starting point poor performance of East Germany back in 1990 the progress made and results achieved are impressive. Though, comparing the situation with Western part of the country significant discrepancies continue to exist. Certainly, assessment of the last twenty years of reunited Germany hinges much upon perspective taken. Two decades after Berlin Wall Fall opinions on economic consequences of reunification are more balanced, since much has been achieved, but much still needs to be done.

  1. The Aerosol/Cloud/Ecosystems Mission (ACE)

    Schoeberl, Mark

    2008-01-01

    The goals and measurement strategy of the Aerosol/Cloud/Ecosystems Mission (ACE) are described. ACE will help to answer fundamental science questions associated with aerosols, clouds, air quality and global ocean ecosystems. Specifically, the goals of ACE are: 1) to quantify aerosol-cloud interactions and to assess the impact of aerosols on the hydrological cycle and 2) determine Ocean Carbon Cycling and other ocean biological processes. It is expected that ACE will: narrow the uncertainty in aerosol-cloud-precipitation interaction and quantify the role of aerosols in climate change; measure the ocean ecosystem changes and precisely quantify ocean carbon uptake; and, improve air quality forecasting by determining the height and type of aerosols being transported long distances. Overviews are provided of the aerosol-cloud community measurement strategy, aerosol and cloud observations over South Asia, and ocean biology research goals. Instruments used in the measurement strategy of the ACE mission are also highlighted, including: multi-beam lidar, multiwavelength high spectra resolution lidar, the ocean color instrument (ORCA)--a spectroradiometer for ocean remote sensing, dual frequency cloud radar and high- and low-frequency micron-wave radiometer. Future steps for the ACE mission include refining measurement requirements and carrying out additional instrument and payload studies.

  2. Regional Economic Policy: Structural Approach and Tools (Theoretical Formulation

    Oleg Sergeevich Sukharev

    2015-06-01

    Full Text Available The subject matter of the article — the development of the doctrine of “coherent” Regional Development and research of the structural quality of the development of regional systems on the basis of theoretical analysis of institutional factors (parameters that determine the manufacturability of the regional economy. The purpose of the research — to show the possibilities of technological change and shift of economic growth in a particular regional system, with stringent limits for accelerated development, with an emphasis on industrial regions. To this end, formed a number of structural models and analyze the impact of technological factors on the growth parameters of the regional economy, the definition of conditions for the development of the industrial region. Methodology. The correlation and regression analysis are applied, which allows to establish a statistically significant relationship between the relevant parameters, the econometric models are used to demonstrate the possibility of estimating the growth parameters via the control parameters, including the technological factor. The structural aspect of regional economic growth is taken into account by the division of investment on the old and new technologies. Result and scope of the research. Increasing adaptability of the regional economy is possible at the expense of compounding results in the use of (old and the application of new technologies. This principle specifies the algorithm of formation of regional development priorities, provides a choice of strategy of technological development of the regional system. Investing resources only in the field of new technologies can dramatically enhance the disparity of regional economic system, the parameters of diversion of resources and the creation of a new resource will determine the pace of growth in the region. Conclusions. Dynamics of investment into old technology provides a major impact on the rate of economic growth in the

  3. New approaches to the economic evaluation of fusion research

    The economic evaluation of fusion research to date has focussed on the benefits of essentially unlimited energy for future generations. In this paper it is shown that energy research in general, and fusion research in particular, also provides benefits in the short term, benefitting us today as well as future generations. Short-term benefits are the result of two distinct aspects of fusion research. First, fusion research provides information for decision making on both the continuing fusion research efforts and on other energy research programs. Second, fusion research provides an expectation of a future energy source thereby promoting accelerated consumption of existing fossil fuels today. Both short-term benefits can be quantitatively evaluated and both are quite substantial. Together, these short-term benefits form the primary economic rationale for fusion research

  4. Hamsters vaccinated with Ace-mep-7 DNA vaccine produced protective immunity against Ancylostoma ceylanicum infection.

    Wiśniewski, Marcin; Jaros, Sławomir; Bąska, Piotr; Cappello, Michael; Długosz, Ewa; Wędrychowicz, Halina

    2016-04-01

    Hookworms are intestinal nematodes that infect up to 740 million people, mostly in tropical and subtropical regions. Adult worms suck blood from damaged vessels in the gut mucosa, digesting hemoglobin using aspartic-, cysteine- and metalloproteases. Targeting aspartic hemoglobinases using drugs or vaccines is therefore a promising approach to ancylostomiasis control. Based on homology to metalloproteases from other hookworm species, we cloned the Ancylostoma ceylanicum metalloprotease 7 cDNA (Ace-mep-7). The corresponding Ace-MEP-7 protein has a predicted molecular mass of 98.8 kDa. The homology to metallopeptidases from other hookworm species and its predicted transmembrane region support the hypothesis that Ace-MEP-7 may be involved in hemoglobin digestion in the hookworm gastrointestinal tract, especially that our analyses show expression of Ace-mep-7 in the adult stage of the parasite. Immunization of Syrian golden hamsters with Ace-mep-7 cDNA resulted in 50% (p < 0.01) intestinal worm burden reduction. Additionally 78% (p < 0.05) egg count reduction in both sexes was observed. These results suggest that immunization with Ace-mep-7 may contribute to reduction in egg count released into the environment during the A. ceylanicum infection. PMID:26795262

  5. An Economic Approach to the Self : the Dual Agent

    Lotz, Aïleen

    2011-01-01

    This paper extends the notion of the rational agent in economics by acknowledging the role of the unconscious in the agent�s decision-making process. It argues that the unconscious can be modelled by a rational agent with his own objective function and set of information. The combination of both the conscious and unconscious agents is called the "dual agent". This dual agent presents rationally biased behaviors that may not disappear through aggregation, and could be potentially measured. It ...

  6. An Approach for Economic Analysis of Intermodal Transportation

    2014-01-01

    A different intermodal transportation model based on cost analysis considering technical, economical, and operational parameters is presented. The model consists of such intermodal modes as sea-road, sea-railway, road-railway, and multimode of sea-road-railway. A case study of cargo transportation has been carried out by using the suggested model. Then, the single road transportation mode has been compared to intermodal modes in terms of transportation costs. This comparison takes into accoun...

  7. Microalgae downstream processing and economical approaches of biodiesel producton processes

    Ríos, Sergio Daniel

    2013-01-01

    Microalgae oil has been identified as a reliable resource for biodiesel production due to its high lipid productivity and potential cultivation in non-fertile locations. However, high scale production of microalgae based biodiesel depends on the optimization of the entire process to be economically feasible. The present work combine the optimization of microalgae downstream processes with computational tools for the modeling of different scenarios of the harvesting, oil extraction and transes...

  8. Economic Modelling of Soil Conservation: An Endogenous Growth Approach

    Kwan Soo Kim

    1998-01-01

    This paper ï¬ rst develops the model, based on endogenous growth argument, in which environmental quality is included as input and thus makes possible the explanation of issues related to resource allocation and its impacts on the environment. Second, it analyzes the relationship between land market performance and underinvestment by incorporating information about soil quality into the analytical framework It extends existing literature on the economic modelling of soil conservation in sever...

  9. Immigrant Religious Adjustment: An Economic Approach to Jewish Migrations

    Chiswick, Carmel Ullman

    2003-01-01

    An economic theory of immigration and immigrant absorption for a religious minority is developed and applied to Jewish history. Human capital is classified according to whether it is allocative or productive, transferable or location-specific, general or Jewish. Crossclassifying these categories leads to various hypotheses about self-selection among Jewish immigrants and their influence on the Jewish community in their destination. Complementarity between general and Jewish human capital is a...

  10. Inelastic supply: An economic approach to simple interval schedules

    Dougan, James D.

    1992-01-01

    Economic theory predicts an inverse relationship between the quantity of a commodity supplied to the marketplace and the equilibrium market price of that commodity. This prediction was tested in three experiments. Pigeons responded on simple variable-interval schedules, and quantity of reinforcement supplied was varied in a different way in each experiment. In Experiment 1, quantity supplied was varied by manipulating reinforcement rate while keeping session length constant. In Experiment 2, ...

  11. Measuring economic growth in OPEC countries : A panel data approach

    Johnson Taiwo Olajide

    2015-04-01

    Full Text Available Most of the developing and under-developed countries have been facing a lot of challenges on the issue of economic growth, despite the fact that they are endowed with both natural and human resources. This study examines the determinants of real per Capita GDP growth in Organization of the Petroleum Exporting Countries (OPEC using a panel of twelve countries for the period of 1986 and 2010.The pooled Ordinary Least Squares (OLS, Fixed Effect (FE and Random Effect (RE models were employed to assess the relationship between CGDP and other economic variables used. The result showed that price level of consumptions (pc and investment share (ci are the important factors of CGDP that contribute to the economic growth of OPEC countries. The result also established that exchange rate (Xrat, price of GDP (p, purchasing power parity (ppp and ci have a positive influence on CGDP. The test statistic revealed that Random Effects Model (REM estimator is more efficient than OLS and that there is no significance difference between Fixed Effects Model (FEM and REM estimators.

  12. Tax Compliance Models: From Economic to Behavioral Approaches

    Larissa Margareta BĂTRÂNCEA

    2012-06-01

    Full Text Available The paper reviews the models of tax compliance with an emphasis on economic and behavioral perspectives. Although the standard tax evasion model of Allingham and Sandmo and other similar economic models capture some important aspects of tax compliance (i.e., taxpayers’ response to increases in tax rate, audit probability, penalty rate they do not suffice the need for an accurate prediction of taxpayers’ behavior. The reason is that they do not offer a comprehensive perspective on the sociological and psychological factors which shape compliance (i.e., attitudes, beliefs, norms, perceptions, motivations. Therefore, the researchers have considered examining taxpayers’ inner motivations, beliefs, perceptions, attitudes in order to accurately predict taxpayers’ behavior. As a response to their quest, behavioral models of tax compliance have emerged. Among the sociological and psychological factors which shape tax compliance, the ‘slippery slope’ framework singles out trust in authorities and the perception of the power of authorities. The aim of the paper is to contribute to the understanding of the reasons for which there is a need for a tax compliance model which incorporates both economic and behavioral features and why governments and tax authorities should consider these models when designing fiscal policies.

  13. Examination of European Union economic cohesion: A cluster analysis approach

    Jiri Mazurek

    2014-01-01

    Full Text Available In the past years majority of EU members experienced the highest economic decline in their modern history, but impacts of the global financial crisis were not distributed homogeneously across the continent. The aim of the paper is to examine a cohesion of European Union (plus Norway and Iceland in terms of an economic development of its members from the 1st of January 2008 to the 31st of December 2012. For the study five economic indicators were selected: GDP growth, unemployment, inflation, labour productivity and government debt. Annual data from Eurostat databases were averaged over the whole period and then used as an input for a cluster analysis. It was found that EU countries were divided into six different clusters. The most populated cluster with 14 countries covered Central and West Europe and reflected relative homogeneity of this part of Europe. Countries of Southern Europe (Greece, Portugal and Spain shared their own cluster of the most affected countries by the recent crisis as well as the Baltics and the Balkans states in another cluster. On the other hand Slovakia and Poland, only two countries that escaped a recession, were classified in their own cluster of the most successful countries

  14. Can the capability approach be evaluated within the frame of mainstream economics?: A methodological analysis

    Karaçay Çakmak Hatice

    2010-01-01

    Full Text Available The aim of this article is to examine the capability approach of Amartya Sen and mainstream economic theory in terms of their epistemological, methodological and philosophical/cultural aspects. The reason for undertaking this analysis is the belief that Sen's capability approach, contrary to some economists' claim, is uncongenial to mainstream economic views on epistemology and methodology (not on ontologically. However, while some social scientists regard that Sen, on the whole, is a mainstream economist, his own approach strongly criticizes both the theory and practice of mainstream economics.

  15. New Aspects of Ace Inhibition: Importance of ACE co-localization with angiotensin and bradykinin receptors

    B. Tom (Beril)

    2003-01-01

    textabstractThe beneficial effect of angiotensin-converting enzyme (ACE) inhibitors in hypertension and heart failure may relate, at least in part, to their capacity to interfere with bradykinin metabolism. In addition, recent studies have provided evidence for bradykinin-potentiating effects of ACE

  16. The ethics of New Development Economics: is the Experimental Approach to Development Economics morally wrong?

    Stéphane J. Baele

    2013-11-01

    Full Text Available The 2000s have witnessed the arrival and growing popularity of randomized controlled experiments (RCTs in Development Economics. Whilst this new way of conducting research on development has unfolded important insights, the ethical challenge it provokes has not yet been systematically examined. The present article aims at filling this gap by providing the first ad hoc discussion of the moral issues that accompany the use of RCTs in Development Economics. Claiming that this new research agenda needs its own, specific set of ethical guidelines, we expose the six ethical problems that these experiments potentially provoke and that should therefore be carefully assessed by ethics committees before an RCT is launched and by scholarly journals before its results are published.

  17. Two-sided Intergenerational Transfer Policy and Economic Development: A Politico-economic Approach

    Naito, Katsuyuki

    2010-01-01

    We consider an overlapping generations model with public education and social security where the overall size of these policies is determined in a repeated voting game. We investigate the interaction between the politically determined policies and economic development in a Markov perfect equilibrium. The following results are obtained. First, the level of human capital determines whether these policies are sustained in the Markov perfect equilibrium. Second, if the level of initial human ...

  18. Systematic approach to modelling in economic systems information Petri nets

    Dmitry V. Gorbachev

    2011-08-01

    Full Text Available The article describes the systematic approach to developing a system of combined models of discrete processes. Mathematical basis for constructing a model of information Petri nets.

  19. A Behavioral Economic Approach to Assessing Demand for Marijuana

    Collins, R. Lorraine; Vincent, Paula C.; Yu, Jihnhee; Liu, Liu; Epstein, Leonard H.

    2014-01-01

    In the U.S., marijuana is the most commonly used illicit drug. Its prevalence is growing, particularly among young adults. Behavioral economic indices of the relative reinforcing efficacy (RRE) of substances have been used to examine the appeal of licit (e.g., alcohol) and illicit (e.g., heroin) drugs. The present study is the first to use an experimental, simulated purchasing task to examine the RRE of marijuana. Young-adult (M age = 21.64 years) recreational marijuana users (N = 59) complet...

  20. Energy security and economic development in India: a holistic approach

    Bhaskar, Bala

    2013-10-01

    Energy is fundamental to the economic development of a society. Ensuring energy security is critical to the security, sovereignty, and well-being of any country. However, there is no consensus on the definition of energy security. This book attempts to construct an appropriate definition for the concept of energy security. The evolution of energy security is traced at both the global level and in the Indian context. The book elaborates on the concept of energy security, highlights its linkages, enumerates India’s indigenous energy resources, examines the status of energy security in the country, and makes policy suggestions to ensure energy security in the country.

  1. GHG Emissions, Economic Growth and Urbanization: A Spatial Approach

    Li Li

    2016-05-01

    Full Text Available To gain a greater understanding of the spatial spillover effect of greenhouse gas emissions and their influencing factors, this paper provides a spatial analysis of four gas pollutants (CO2 emissions, SO2 emissions, NOx emissions, and dust emissions. Focusing on China, the paper also explores whether the four gas pollutants are influenced by the emissions of neighboring regions and other possible sources. The paper uses a global spatial autocorrelation analysis, local spatial association analysis and spatial lag model for empirical work. The results suggest that CO2, SO2, and NOx emissions show significant positive results for both the spatial correlation and space cluster effect in provincial space distribution.CO2 and NOx emissions have a significant positive spillover effect, while the SO2 emissions’ spatial spillover effect is positive but not significant. Economic growth and urbanization are the key determinants of CO2, dust, and NOx emissions, while energy efficiency and industrialization do not appear to play a role. This raises questions about the method of examining the spatial relationship between gas pollution, economic growth and urbanization in the future.

  2. An approach to evaluating the economic impact of emissions trading

    The command-and-control system to air quality controls is a mixture of technology-forcing standards for existing sources and offset for new sources. More stringent controls are required to achieve the ambient air quality standards in non-attainment urban areas which have been conformed with burgeoning economic growth. Due to the economy of scale and locale of polluting sources, some sources can implement these controls in a more cost-effective manner than others. In order to minimize the control costs of regulated sources, trading of emissions has been stipulated and has occurred among power plants to curb acid rain at the national level. Southern California is currently embarking on the trading of oxides of nitrogen, reactive organic compounds, and oxides of sulfur among existing and new stationary sources. New economic opportunities for entrepreneurs with advances control technology will arise under emissions trading. Trading will also result in the redistribution of emissions geographically and across industries. Through the linkage of a linear-programming trading model, a regional econometric model, and an urban airshed model, the impact of trading on the Southern California economy can thus be examined. This paper describes a framework which can be used to compare and contrast RECLAIM with the command-and-control system; and discusses a few issues which may arise in a trading market and how these issues can be dealt with are also examined

  3. Evolution of approaches to the the category of «distribution» in economic science

    Maria Matevosyan

    2014-01-01

    The aurthor discusses various approaches to the characterization of the category “distribution” as the set of factors of economic growth as a unified system that allows to structure the existing growth factors, determine their subordination and to identify the most significant causal phenomena and conditions of economic growth.

  4. Evolution of approaches to the the category of «distribution» in economic science

    Maria Matevosyan

    2014-06-01

    Full Text Available The aurthor discusses various approaches to the characterization of the category “distribution” as the set of factors of economic growth as a unified system that allows to structure the existing growth factors, determine their subordination and to identify the most significant causal phenomena and conditions of economic growth.

  5. Expanding the Family Economic Stress Model: Insights from a Mixed-Methods Approach

    Mistry, Rashmita S.; Lowe, Edward D.; Benner, Aprile D.; Chien, Nina

    2008-01-01

    The current study used a mixed-methods approach to examine how low-income mothers managed their household economies, their experiences of economic pressure, and the consequences for family and child functioning. Qualitative analyses (N = 32 families) revealed that experiences of economic pressure were associated with an inability to afford "both"…

  6. Lunar COTS: An Economical and Sustainable Approach to Reaching Mars

    Zuniga, Allison F.; Rasky, Daniel; Pittman, Robert B.; Zapata, Edgar; Lepsch, Roger

    2015-01-01

    The NASA COTS (Commercial Orbital Transportation Services) Program was a very successful program that developed and demonstrated cost-effective development and acquisition of commercial cargo transportation services to the International Space Station (ISS). The COTS acquisition strategy utilized a newer model than normally accepted in traditional procurement practices. This new model used Space Act Agreements where NASA entered into partnerships with industry to jointly share cost, development and operational risks to demonstrate new capabilities for mutual benefit. This model proved to be very beneficial to both NASA and its industry partners as NASA saved significantly in development and operational costs while industry partners successfully expanded their market share of the global launch transportation business. The authors, who contributed to the development of the COTS model, would like to extend this model to a lunar commercial services program that will push development of technologies and capabilities that will serve a Mars architecture and lead to an economical and sustainable pathway to transporting humans to Mars. Over the past few decades, several architectures for the Moon and Mars have been proposed and studied but ultimately halted or not even started due to the projected costs significantly exceeding NASA's budgets. Therefore a new strategy is needed that will fit within NASA's projected budgets and takes advantage of the US commercial industry along with its creative and entrepreneurial attributes. The authors propose a new COTS-like program to enter into partnerships with industry to demonstrate cost-effective, cis-lunar commercial services, such as lunar transportation, lunar ISRU operations, and cis-lunar propellant depots that can enable an economical and sustainable Mars architecture. Similar to the original COTS program, the goals of the proposed program, being notionally referred to as Lunar Commercial Orbital Transfer Services (LCOTS

  7. Wheat flour based propionic acid fermentation: an economic approach.

    Kagliwal, Lalit D; Survase, Shrikant A; Singhal, Rekha S; Granström, Tom

    2013-02-01

    A process for the fermentative production of propionic acid from whole wheat flour using starch and gluten as nutrients is presented. Hydrolysis of wheat flour starch using amylases was optimized. A batch fermentation of hydrolysate supplemented with various nitrogen sources using Propionibacterium acidipropionici NRRL B 3569 was performed. The maximum production of 48.61, 9.40, and 11.06 g of propionic acid, acetic acid and succinic acid, respectively, was found with wheat flour hydrolysate equivalent to 90 g/l glucose and supplemented with 15 g/l yeast extract. Further, replacement of yeast extract with wheat gluten hydrolysate showed utilization of gluten hydrolysate without compromising the yields and also improving the economics of the process. The process so developed could be useful for production of animal feed from whole wheat with in situ production of preservatives, and also suggest utilization of sprouted or germinated wheat for the production of organic acids. PMID:23357590

  8. An Approach for Economic Analysis of Intermodal Transportation

    Bahri Sahin

    2014-01-01

    Full Text Available A different intermodal transportation model based on cost analysis considering technical, economical, and operational parameters is presented. The model consists of such intermodal modes as sea-road, sea-railway, road-railway, and multimode of sea-road-railway. A case study of cargo transportation has been carried out by using the suggested model. Then, the single road transportation mode has been compared to intermodal modes in terms of transportation costs. This comparison takes into account the external costs of intermodal transportation. The research reveals that, in the short distance transportation, single transportation modes always tend to be advantageous. As the transportation distance gets longer, intermodal transportation advantages begin to be effective on the costs. In addition, the proposed method in this study leads to determining the fleet size and capacity for transportation and the appropriate transportation mode.

  9. A behavioral economic approach to assessing demand for marijuana.

    Collins, R Lorraine; Vincent, Paula C; Yu, Jihnhee; Liu, Liu; Epstein, Leonard H

    2014-06-01

    In the United States, marijuana is the most commonly used illicit drug. Its prevalence is growing, particularly among young adults. Behavioral economic indices of the relative reinforcing efficacy (RRE) of substances have been used to examine the appeal of licit (e.g., alcohol) and illicit (e.g., heroin) drugs. The present study is the first to use an experimental, simulated purchasing task to examine the RRE of marijuana. Young-adult (M age = 21.64 years) recreational marijuana users (N = 59) completed a computerized marijuana purchasing task designed to generate demand curves and the related RRE indices (e.g., intensity of demand-purchases at lowest price; Omax-max. spent on marijuana; Pmax-price at which marijuana expenditure is max). Participants "purchased" high-grade marijuana across 16 escalating prices that ranged from $0/free to $160/joint. They also provided 2 weeks of real-time, ecological momentary assessment reports on their marijuana use. The purchasing task generated multiple RRE indices. Consistent with research on other substances, the demand for marijuana was inelastic at lower prices but became elastic at higher prices, suggesting that increases in the price of marijuana could lessen its use. In regression analyses, the intensity of demand, Omax, and Pmax, and elasticity each accounted for significant variance in real-time marijuana use. These results provide support for the validity of a simulated marijuana purchasing task to examine marijuana's reinforcing efficacy. This study highlights the value of applying a behavioral economic framework to young-adult marijuana use and has implications for prevention, treatment, and policies to regulate marijuana use. PMID:24467370

  10. Bounds test approach to cointegration and causality between nuclear energy consumption and economic growth in India

    This paper attempts to examine the dynamic relationship between economic growth, nuclear energy consumption, labor and capital for India for the period 1969-2006. Applying the bounds test approach to cointegration developed by we find that there was a short- and a long-run relationship between nuclear energy consumption and economic growth. Using four long-run estimators we also found that nuclear energy consumption has a positive and a statistically significant impact on India's economic growth. Further, applying the approach to Granger causality and the variance decomposition approach developed by , we found a positive and a significant uni-directional causality running from nuclear energy consumption to economic growth without feedback. This implies that economic growth in India is dependent on nuclear energy consumption where a decrease in nuclear energy consumption may lead to a decrease in real income. For a fast growing energy-dependent economy this may have far-reaching implications for economic growth. India's economic growth can be frustrated if energy conservation measures are undertaken without due regard to the negative impact they have on economic growth.

  11. Foundations and social economy: conceptual approaches and socio-economic relevance

    Marta Rey García; Luis Ignacio Álvarez González

    2011-01-01

    Theoretical debate about the nature of charitable foundations has traditionally become polarized around two distinct conceptual approaches: the non-profit or third sector approach, versus the social economy approach. This research tries to find a common ground between these two approaches, and to highlight the specificities of the foundation as an organizational formula, supporting its current socio-economic relevance with latest quantitative data on the contemporary Spanish foundation sector...

  12. A qualitative approach to economic-environmental dispatch

    This paper describes the principles, and suggests a methodology for expanding the dispatch of electrical power production systems for involving a pure minimum cost dispatch, to also include environmental objectives. The approach is qualitative in that no attempt is made as to assign a specific monetary value to environmental impacts, but rather maintaining the physical value of the impact through the decision process. However, the initial relative weights assigned to environmental impacts in the methodology are based on the many recent attempts to monetize environmental damages. The main contribution of the approach is to analyze how dispatch changes as a function of the total environmental weight, and as a function of the relative weighing of individual environmental insults, e.g., SO2, NOx and CO2. The methodology is illustrated with a sample production system involving environmental coast estimates from major US studies

  13. Cough Syncope due to ACE Inhibitor

    Filiz Koc

    2015-09-01

    Full Text Available Syncope is defined as a transient loss of consciousness due to sudden temporary decline in cerebral perfusion. Cough syncope is classically seen in middle aged obese men with obstructive pulmonary disease. In patients that use Angiotensin converting enzyme (ACE inhibitors, a dry persistent cough can emerge due to the side effects of this medication. Seventy years old male patient that use ACE inhibitor for hypertension accepted to the clinic with the complaint of syncope. A bout of coughing has developed during electroencephalography recording and 10 seconds in duration of subcortical like epileptiform discharges were viewed. The ACE inhibitor the patient was receiving was replaced with calcium channel blocker and no complaint was observed during the follow up period. [Cukurova Med J 2015; 40(3.000: 619-622

  14. Baseline development, economic risk, and schedule risk: An integrated approach

    The economic and schedule risks of Environmental Restoration (ER) projects are commonly analyzed toward the end of the baseline development process. Risk analysis is usually performed as the final element of the scheduling or estimating processes for the purpose of establishing cost and schedule contingency. However, there is an opportunity for earlier assessment of risks, during development of the technical scope and Work Breakdown Structure (WBS). Integrating the processes of risk management and baselining provides for early incorporation of feedback regarding schedule and cost risk into the proposed scope of work. Much of the information necessary to perform risk analysis becomes available during development of the technical baseline, as the scope of work and WBS are being defined. The analysis of risk can actually be initiated early on during development of the technical baseline and continue throughout development of the complete project baseline. Indeed, best business practices suggest that information crucial to the success of a project be analyzed and incorporated into project planning as soon as it is available and usable

  15. Taxonomy of Non-Disciplinary Approaches, Applied Implications for Designing Curriculums in Economics

    A. Paighami

    2010-01-01

    Full Text Available In the past, philosophy of education and curriculum designing focused on specialization and single disciplinarity approach .But since the turn of the 20th century, by a vast literature of realizing real and new educational needs and competencies beyond a single discipline, and criticizing the limits of that narrow approach to the reality, defining integrated curriculum or non-disciplinarity approaches has been a topic of discussion .Over the last decades, theorists offered six basic categories for non-disciplinary works :Parallel Disciplinary Approach, Interdisciplinary Approach, Multi-Disciplinary Approach, Cross-Disciplinary Approach, Plural-Disciplinary Approach and Supra/Trans-Disciplinary Approach. Through these approaches, integration seemed to be a matter of degree and method from fundamentally different starting points. Economics also is essentially an integrated discipline from different social sciences, mathematics, economic subjects, knowledge and ideas, and even methodology of natural sciences, and inevitably, its curriculum, educational programs and courses can not be designed unless benefited from these literature and approaches in the curriculum designing subject area. The present article briefly defines the non-disciplinarity approaches and shows their implications, applications and theoretical capacity in designing different possible curriculum and graduate educational courses in Economics.

  16. Innovative development of universities: organizational and economic approach

    Belokrylova Olga, S.

    2015-06-01

    Full Text Available It is shown that the innovative activity of universities in Russia is always accompanied by the organizational changes carried out in the framework of the concept of stage-by-stage approach – a combination of natural and subjectively rational principle and based on intra-organizational integration of all subjects of University ethos for joint decisions in the field of organizational change. The authors analyze the mission transformation of universities determined by formation of information society which now is including not only development of the human capital, but also creation of knowledge as the competitive product possessing the essential production and social importance.

  17. Remarks on KERMA Factors in ACE files

    Konno, C.; Ochiai, K.; Takakura, K.; Sato, S.

    2014-04-01

    Some neutron KERMA factors in ACE files are negative and extremely large if nuclear data libraries do not keep energy-balance. The status of neutron KERMA factors in the official ACE file of ENDF/B-VII.1 is examined. As a result, it is found out that neutron KERMA factors of nuclei more than 200 in ENDF/B-VII.1 have some problems. Effects of the inadequate KERMA factor are also investigated, which are large for neutron heat while those are small for total (neutron + gamma) heat. Users who use only neutron KERMA factors should check if the factors are adequate or not before they use the factors.

  18. Externalities of fuel cycles 'ExternE' project. Economic valuation. Economical valuation: An impact pathway approach

    The EC/US study of the external costs of fuel cycles is designed to trace through all the environmental impacts arising from the use of a particular fuel, from the 'cradle' to the 'grave'; to quantify these impacts as far as possible (giving priority to those that are the considered the most important) and to value the damages arising from them in money terms as far as possible (again keeping to the priority listing established by the physical quantification). The fuel cycle has been identified as consisting of the following elements: activities -> emissions/burdens; emissions/burdens -> physical environmental impacts; physical impacts -> external environmental impacts; external impacts -> costs of these impacts. The activities consist of all the operations that are carried out in connection with the extraction transportation, use in electricity generation and finally disposal of the fuel. The emissions or burdens arising from the cycle result in physical impacts, which in turn imply certain environmental impacts. An illustration of a typical fuel cycle (coal) audits environmental impacts is given in Figures. The work of the fuels cycle study teams is to complete the valuation of the shaded areas but giving priority to those impacts that are likely to be quantitatively important. .Each fuel cycle is evaluated in a location-specific context, so that it refers to the impacts arising from the use of coal, or gas or whatever fuel is being considered at an actual plant that is operating. The purpose of this report on economic valuation is to: (a) examine the literature or economic valuation of environmental externalities in Europe; (b) assess its relevance to the fuel cycle study and (c) make recommendations on how the detailed analysis of the individual fuel cycles should use the economic valuation. It is important to recognize that the report is not a complete survey of all the research ever done on environmental valuation. Although as complete a survey of all the

  19. Hierarchical economic potential approach for techno-economic evaluation of bioethanol production from palm empty fruit bunches.

    Do, Truong Xuan; Lim, Young-Il; Jang, Sungsoo; Chung, Hwa-Jee

    2015-01-01

    A hierarchical four-level approach to determine economic potential (4-level EP) is proposed for preliminary techno-economic analysis of new processes. The 4-level EP includes input/output structure, process flow structure, heat integration (HI), and economic feasibility. Two case studies on a 30.2 t/d (or 12.7 million l/yr) bioethanol plant with and without jet fuel production from palm empty fruit bunches (EFB) were investigated by applying the 4-level EP. The plant flowsheet was established based on experiments in a 0.1t/d pilot plant, including sequential dilute acid and alkali pretreatment, and separate hydrolysis and fermentation (SHF). EP approached a more reliable value through the hierarchical 4-level EP. The heating energy was reduced considerably by HI. The product value was estimated at $0.8-$1.3/kg of equivalent bioethanol. It was suggested through sensitivity analysis that a large plant size, enhanced production yields, and capital cost reduction were necessary for the lignocellulosic bioethanol production to be profitable. PMID:25898083

  20. The economics of window selection: An incremental approach

    The options available to Energy Service Companies when improving the energy performance of an existing building are often driven by short-term payback cycles. The value of a measure is based on how quickly it pays for itself. The more quickly the energy savings created by the measure exceed the cost of purchasing and installing the measure, the more comfortable the engineer feels recommending that improvement. In the best cases, the short-term approach will quickly retire the debts associated with a particular retrofit and provide a dependable, albeit limited net savings stream for the property owner. The engineer has obtained energy savings for his client. The problem with this short-term approach is that it automatically eliminates other conservation measures which, over longer time horizons, could add far more value for the customer. The installation of new, extremely energy efficient replacement windows is a case in point. During preliminary discussions with our clients, (typically Public Housing Authorities or owners of subsidized, multi-family housing), the conversation eventually turns to the issue of replacement windows. The perception is that new windows are a luxury. The decision to install new windows is driven by maintenance costs and, in some cases, resident complaints over operability or draftiness associated with the existing windows. Typically the windows are not handled as part of the mainstream energy conservation program. If the client has already installed new windows, he probably based his selection on the low bidder of a unit that has marginal thermal performance. Every property has a budget and compromises must often be made to meet budgets. The purchaser may have not gotten the Cadillac of windows, but at least he got a good deal on the window that he did buy. His maintenance problems have been solved for the near term and resident complaints have gone down, for now

  1. A CDT-Based Heuristic Zone Design Approach for Economic Census Investigators

    Changixu Cheng

    2015-01-01

    Full Text Available This paper addresses a special zone design problem for economic census investigators that is motivated by a real-world application. This paper presented a heuristic multikernel growth approach via Constrained Delaunay Triangulation (CDT. This approach not only solved the barriers problem but also dealt with the polygon data in zoning procedure. In addition, it uses a new heuristic method to speed up the zoning process greatly on the premise of the required quality of zoning. At last, two special instances for economic census were performed, highlighting the performance of this approach.

  2. Neonatal ACE inhibition in rats interferes with lung development.

    Lasaitiene, Daina; Chen, Yun; Nannmark, Ulf; Wollmer, Per; Friberg, Peter

    2004-01-01

    The renin-angiotensin system (RAS) is developmentally up-regulated and it is essential for kidney development in several species. Given the fact that the rat lung undergoes postnatal development, the mammalian lung possesses the highest angiotensin-converting enzyme (ACE) levels and ACE activity increases during the first weeks postpartum, we tested the hypothesis that ACE inhibition influences postnatal lung development. Rats were given the ACE inhibitor enalapril (10 mg kg-1) from 0 to 9 da...

  3. EPR design: A combined approach on safety and economic competitiveness

    Starting in 1991, the French and German cooperation led to common work based on the experience of the two designers FRAMATOME and SIEMENS KWU with all their know how, the most important utilities in France and Germany operating NPP and the technical supports of the Licensing Authorities GRS and IPSN. The conclusion of that work was the issue in November 1997 and February 1999 respectively of two Basic Design reports for a European Pressurized Reactor (EPR) with a power of 4250 MWth and 4900 MWth. The Basic Design approach was led under two key items: Enhancement of the overall safety level by implementation of design measures to: make the plant less dependant to common cause failures; practically eliminate all high pressure core melt sequences which could lead to important radioactive releases to the environment; implement specific systems to face severe accident situation with low-pressure core melt. Use of the many years of experiences in two different nuclear designs is to reach an overall availability figure over 91%, partly due to design improvements on the safety level. With such an objective, demonstrated by feedback of experience on already operating plants, the EPR project can be proposed as a competitive alternative to the most recent fossil plants. (author)

  4. Economic Approaches to Estimating Benefits of Regulations Affecting Addictive Goods.

    Cutler, David M; Jessup, Amber I; Kenkel, Donald S; Starr, Martha A

    2016-05-01

    The question of how to evaluate lost consumer surplus in benefit-cost analyses has been contentious. There are clear health benefits of regulations that curb consumption of goods with health risks, such as tobacco products and foods high in fats, calories, sugar, and sodium. Yet, if regulations cause consumers to give up goods they like, the health benefits they experience may be offset by some utility loss, which benefit-cost analyses of regulations need to take into account. This paper lays out the complications of measuring benefits of regulations aiming to curb consumption of addictive and habitual goods, rooted in the fact that consumers' observed demand for such goods may not be in line with their true preferences. Focusing on the important case of tobacco products, the paper describes four possible approaches for estimating benefits when consumers' preferences may not be aligned with their behavior, and identifies one as having the best feasibility for use in applied benefit-cost analyses in the near term. PMID:27102854

  5. Bradykinin potentiation by angiotensin-(1-7) and ACE inhibitors correlates with ACE C- and N-domain blockade

    B. Tom (Beril); R. de Vries (René); P.R. Saxena (Pramod Ranjan); A.H.J. Danser (Jan)

    2001-01-01

    textabstractACE inhibitors block B(2) receptor desensitization, thereby potentiating bradykinin beyond blocking its hydrolysis. Angiotensin (Ang)-(1-7) also acts as an ACE inhibitor and, in addition, may stimulate bradykinin release via angiotensin II type 2 receptors.

  6. Using a socio-psychological approach for understanding the influence of civil society on economic activity

    Werner, Andrea

    2008-01-01

    "This paper proposes a socio-psychological approach for empirical research into the influence of civil society contexts on the practices of individual economic actors. This methodological approach is based on social theories that explicitly take into account the link between structure and agency, and the paper explains how such framework can be utilised in qualitative interview-based studies. To illustrate the usefulness of such socio-psychological approach, the paper reports on the findings ...

  7. Two approaches to meeting the economic challenge for advanced BWR designs

    This paper presents the design overview and approach to addressing the aforementioned economic challenges for two Advanced BWR designs. The first plant is the ABWR and the second is the ESBWR. The ABWR relies on proven technology and components and an extensive infrastructure that has been built up over the last 20 years. Because it has proven and standards safety systems it has very limited uncertainty regarding licensing. Finally, it relies on the economies of scale and overall design flexibility to improve the overall economics of power generation. The ESBWR on the other hand has taken an innovative approach to reduce systems and components to simplify the overall plant to improve plant economics. The overall plant design is indeed simpler, but improved economics required reliance on some economies of scale also. This design embodied in the ESBWR, also has minimized the overall development cost by utilizing features and components from the ABWR and SBWR technology programs

  8. Methodical Approach to Diagnostics of Efficiency of Production Economic Activity of an Enterprise

    Zhukov Andrii V.

    2014-03-01

    Full Text Available The article offers developments of a methodical approach to diagnostics of efficiency of production economic activity of an enterprise, which, unlike the existing ones, is realised through the following stages: analysis of the enterprise external environment; analysis of the enterprise internal environment; identification of components of efficiency of production economic activity for carrying out complex diagnostics by the following directions: efficiency of subsystems of the enterprise production economic activity, efficiency of use of separate types of resources and socio-economic efficiency; scorecard formation; study of tendencies of change of indicators; identification of cause-effect dependencies between the main components of efficiency for diagnosing reasons of its level; diagnosing deviations of indicator values from their optimal values; development of a managerial decision on preserving and increasing efficiency of production economic activity of the enterprise.

  9. Skeletal muscle strength in older adults. Angiotensin-converting enzyme (ACE genotype affects: an UPDATE

    ANA PEREIRA

    2011-06-01

    Full Text Available Problem Statement : Previous studies have associated angiotensin-converting enzyme (ACE with variability inthe skeletal muscle baseline strength, though conclusions have been inconsistent across investigations.Approach: The purpose of this study was to review the most important studies that have been exanimate thepossible association between ACE genotype and skeletal muscle baseline strength in elite male and femaleathletes involved in elderly populations. This research is needed because the possibility that the DD genotypemay be associated with a greater proportion of fast twitch fibers could explain the influence of the ACE D alleleupon strength/ power, particularly at high velocities, but this evidence remains equivocal in older people becausemore studies are necessary.Results: Thus, according to scientific evidence, changes in muscle strength with exercise training in olderindividuals may be dependent on ACE I/D genotype. Of note, the results provide a novel insight that thesegenetic variations may interact to determine muscle mass in older women specially. The determination of thispredisposition in this population, highlighting the interest of study, for the prophylactic attitude on the factorsand causes of aging (sarcopenia, osteoporosis, risk of falls, reduction of functional physical go through thisanalysis.Conclusions/Recommendations: In this work, the state of the art related to the influence of the ACE genotypeon skeletal muscle strength was presented and some important relations were reported

  10. Organizational and economic bases of logistic approach usage in the management of national education system

    Eu.V. Mishenin; I.I. Koblianska

    2015-01-01

    The aim of the article. The article highlights the lack of effectiveness of existing system of education management in Ukraine from its basic function performance – to satisfy the needs of social and economic system of human resources, according to the required quantity, quality, educational culture, right place and time with the lowest public costs. The results of the analysis. The article is focused on the forming of organizational and economic bases of the use of logistic approach in th...

  11. Self-Employment and Economic Performance: A Geographically Weighted Regression Approach for European Regions

    Pijnenburg, Katharina

    2013-01-01

    The self-employment rate includes entrepreneurs out of opportunity and entrepreneurs out of necessity. While the effect of opportunity entrepreneurs on economic development should be positive, there should be no or a negative effect of necessity entrepreneurship. We use a geographically weighted regression (GWR) approach to analyze whether the effect of self-employment on economic development is heterogeneous across European NUTS-2 regions. We find that regions having a significant positive e...

  12. Understanding the Economics of Electronic Identity: Theoretical Approaches and Case Studies

    Hoikkanen, Anssi; Bacigalupo, Margherita; Lusoli, Wainer; Maghiros, Ioannis; Nikolov, Stavri

    2010-01-01

    This paper discusses the economics of electronic identity (eIdentity) from both theoretical and practical perspectives. Personal identity data are becoming increasingly important in online transactions, and they have never been monetised to the extent they are today. Consequently, there is a need for an improved understanding of the economic externalities resulting from the electronic use of identities in transactions. In this context, we distinguish four main theoretical approaches for under...

  13. Economics of Internet of Things (IoT): An Information Market Approach

    Niyato, D.; Lu, X.; Wang, P.; Kim, D I; Han, Z.

    2015-01-01

    Internet of things (IoT) has been proposed to be a new paradigm of connecting devices and providing services to various applications, e.g., transportation, energy, smart city, and healthcare. In this paper, we focus on an important issue, i.e., economics of IoT, that can have a great impact to the success of IoT applications. In particular, we adopt and present the information economics approach with its applications in IoT. We first review existing economic models developed for IoT services....

  14. John Dewey’s theory of democracy and its links with the heterodox approach to economics.

    Arturo Hermann

    2011-07-01

    Full Text Available John Dewey is one of the most significant figures in pragmatist philosophy, an approach which he systematically applied to the study of economic, social and cultural structure. In our work, we will focus on the main aspects of Dewey’s approach to the study of aspects that make up “human nature” and how do they interact with the characteristics of the cultural context. We will illustrate how the concepts elaborated by Dewey can contribute to the heterodox analysis of a host of economic and social issues. Dewey highlights the crucial role of public policies for facilitating the development of volunteer associations in all areas of the social structure. In the analysis of these aspects, Dewey’s key contribution lies in removing the concepts of democracy and participation from the limbo of abstraction in which they tended to be confined by previous approaches and connecting them to the evolution of economic and social forms.

  15. The psychology of early institutional economics: The instinctive approach of Thorstein Veblen's conspicuous consumer theory

    Felipe Almeida

    2015-05-01

    Full Text Available Thorstein Veblen, a founder of original or old institutional economics, combined social and evolutionary thought in his institutionalist approach to dealing with psychological, social, and economic issues. The psychological content of Veblen's writings takes instinct and habits into consideration. The economic literature on the psychological content of Veblen's writings has focused on habits, despite the importance of instincts in Veblen's works. This paper attempts to discuss Veblen's notion of instincts in order to make its role clearer in his approach to conspicuous consumer decision making. It discusses the role of instincts, the instinct of workmanship, the relationship between habits and instincts, and their influence on the conspicuous consumer. Consequently, this paper contributes to a better understanding of how inner forces and socialization culminate in behavior in Veblen's conspicuous consumer approach.

  16. Antioxidative, DPP-IV and ACE inhibiting peptides from fish protein hydrolysed with intestinal proteases

    Falkenberg, Susan Skanderup; Stagsted, Jan; Nielsen, Henrik Hauch

    secondary marine products. The approach in this study is to hydrolyse skin and belly flap tissue from Salmon with the use of mammalian digestive proteases from pancreas and intestinal mucosa and test hydrolysates for antioxidative capacity, intestinal DPP-IV and angiotensin converting enzyme (ACE...... amino groups, antioxidative capacity by ABTS (2,2-azinobis(3-ethylbenzothiazoline-6-sulfonicacid)), DPP-IV and ACE inhibiting activity. Degree of hydrolysis (DH) of hydrolysates was approximately 13% and 10% for belly flap and skin respectively. No clear difference was observed in DH between pancreatin...... and pancreatin + mucosa hydrolysates. No DH was obtained for tissues hydrolysed with only intestinal mucosa extract. Preliminary results showed antioxidant activity and intestinal DPP-IV and ACE inhibiting activity in 10 kDa fraction from both belly flap and skin hydrolysates but with a higher...

  17. AceWiki: Collaborative Ontology Management in Controlled Natural Language

    Kuhn, Tobias

    2008-01-01

    AceWiki is a prototype that shows how a semantic wiki using controlled natural language - Attempto Controlled English (ACE) in our case - can make ontology management easy for everybody. Sentences in ACE can automatically be translated into first-order logic, OWL, or SWRL. AceWiki integrates the OWL reasoner Pellet and ensures that the ontology is always consistent. Previous results have shown that people with no background in logic are able to add formal knowledge to AceWiki without being instructed or trained in advance.

  18. AceWiki: Collaborative Ontology Management in Controlled Natural Language

    Kuhn, T.

    2008-01-01

    AceWiki is a prototype that shows how a semantic wiki using controlled natural language - Attempto Controlled English (ACE) in our case - can make ontology management easy for everybody. Sentences in ACE can automatically be translated into first-order logic, OWL, or SWRL. AceWiki integrates the OWL reasoner Pellet and ensures that the ontology is always consistent. Previous results have shown that people with no background in logic are able to add formal knowledge to AceWiki without being in...

  19. Economism

    Simons, P.

    2010-01-01

    Modern society is characterised not only by a fascination with scientific technology as a means of solving all problems, especially those that stand in the way of material progress (technicism), but also by an obsessive interest in everything that has to do with money (economism or mammonism). The article discusses the relationship between technicism and economism, on the basis of their relationship to utilitarian thinking: the quest for the greatest happiness for the greatest number of peopl...

  20. Economic evaluation of environmental impacts of open cast mining project - an approach

    Economic valuation of environmental attributes are pragmatic approach to evaluating the impacts and it helps decision makers to arrive at objective decisions on the basis of cost benefit ratio. For determining the physical impact and its quantification, four evaluation methods, namely-market price method, surrogate market price, survey based and cost based approaches are generally used. The present paper reviews the importance of environmental evaluation of impacts of mining and also reviews a few suitable methodologies that could be effectively used for economic evaluation of environmental impacts in open cast mining projects. (author)

  1. Actions for Community Employment (ACE) : Barts and The London NHS Trust

    Sustainable Development Commission

    2007-01-01

    As part of the Trust's approach to good corporate citizenship, the Actions for Community Employment (ACE) project provides increased employment opportunities for local residents, generating a more representative workforce across the Trust's three teaching hospitals and contributing to sustainable regeneration in one of the most disadvantaged areas of Britain. Publisher PDF

  2. Approach and development strategy for an agent-based model of economic confidence.

    Sprigg, James A.; Pryor, Richard J.; Jorgensen, Craig Reed

    2004-08-01

    We are extending the existing features of Aspen, a powerful economic modeling tool, and introducing new features to simulate the role of confidence in economic activity. The new model is built from a collection of autonomous agents that represent households, firms, and other relevant entities like financial exchanges and governmental authorities. We simultaneously model several interrelated markets, including those for labor, products, stocks, and bonds. We also model economic tradeoffs, such as decisions of households and firms regarding spending, savings, and investment. In this paper, we review some of the basic principles and model components and describe our approach and development strategy for emulating consumer, investor, and business confidence. The model of confidence is explored within the context of economic disruptions, such as those resulting from disasters or terrorist events.

  3. The economic value of technical trading rules: a nonparametric utility-based approach

    Dewachter, Hans; Lyrio, M.

    2005-01-01

    We adapt Brandt's (1999) nonparametric approach to determine the optimal portfolio choice of a risk averse foreign exchange investor who uses moving average trading signals as the information instrument for investment opportunities. Additionally, we assess the economic value of the estimated optimal trading rules based on the investor's preferences. The approach consists of a conditional generalized method of moments (GMM) applied to the conditional Euler optimality conditions. The method pre...

  4. The Economic Value of Technical Trading Rules: A Non-parametric Utility-based Approach

    Hans Dewachter; Marco Lyrio

    2002-01-01

    We adapt Brandt's (1999) nonparametric approach to determine the optimal portfolio choice of a risk averse foreign exchange investor who uses moving average trading signals as the information instrument for investment opportunities. Additionally, we assess the economic value of the estimated optimal trading rules based on the investor's preferences. The approach consists of a conditional generalized method of moments (GMM) applied to the conditional Euler optimality conditions. The method pre...

  5. Ranking Journals Following a Matching Model Approach. An Application to Public Economics Journals

    Pujol, F.

    2006-01-01

    Journal rankings based on citation indexes are widely used in the economics field for global top journals. We propose an alternative way to rank journals based on the publishing behavior of top ranked authors. We justify this approach by depicting the scientific publishing market as following a matching process. Compared to the citation approach, the methodology that we propose has comparative advantages in terms of time effort to produce national and subdiscipline rankings, and it makes it p...

  6. A simple approach to global optimal feedback solutions : with emphasize on certain management problems in economics

    Sandal, Leif Kristoffer; Berge, Gerhard

    2001-01-01

    Dynamic optimization problems covers a great class of problems in management science and technology. The classical problem formulations being the variational approach as in classical mechanics, like Hamilton's principle and the optimal control theory in economics as the Pontryagin's maximum principle. In this account we start with a general problem formulation as an alternative to an approach based on solving differential equations. We focus on creating an analytical environment aimed at deri...

  7. Methodical Approach to Identification of the Financial and Economic State of an Enterprise

    Matyushenko Olga I.

    2013-11-01

    Full Text Available The article identifies urgency of the enterprise life cycle theory in the system of managing financial and economic activity of an enterprise, identifies problems and insufficiently developed theoretical issues, namely, identification of the main indicator of the state of an organisation on the life cycle curve, which thoroughly characterises its financial and economic activity. It develops and offers a methodical approach to identification of the financial and economic state of an enterprise. The article analyses, generalises and identifies main sub-systems of an enterprise within the proposed methods. On the basis of analysis of works of scientists the article identifies main indicators that characterise each subsystem of an enterprise and identifies the entropy method, having analysed the existing methods of calculation of an integral indicator, as the most justified approach to calculation of the enterprise life cycle integral indicator.

  8. Comparing Conventional Bank Credit Vis A Vis Shariah Bank Musharakah: Experimental Economic Approach

    Muhamad Abduh

    2008-01-01

    Full Text Available Central Bank of Indonesia with dual banking system – i.e Shariah and Conventional Bank – keep on developing system that considered as an answer to generate the national economic growth. One of the banking activities that emphasized by the Central Bank of Indonesia is fund distribution through either conventional bank credit or shariah bank fi nancing. Having the Experimental Economic Approach based on Induced Value Theory and employing ANOVA, this paper found that shariah bank musharakah fi nancing system would come up with higher profi t opportunity compare to conventional credit system. One main reason is that musharakah fi nancing in shariah bank applies profi t and lost sharing (PLS scheme so that will not be a burden to the customer when he fi nd low profi t.Keywords: Credit Loan, Musharakah Financing, Induced Value Theory, Experimental Economic Approach, Analysis of Variance (ANOVA.

  9. The Contribution of the Neo-Schumpeterian Approach to the Development of the Economic Theory: Emphasis on the Meso-Economic Level

    Radu HERMAN

    2011-07-01

    Full Text Available This article tries to show that there are alternative approaches to the economic theory, besides the well-known economic schools, Classicism, Neoclassicism and Keynesianism. The neoclassical principles allow a formalization – widely accepted by experts – that provide effective tools for measuring the effects of the economic activity. The economic science pays a special attention to the study of the economic agents’ behaviors, and to the economic results obtained by them through economic activity. Any human science uses principles and works with assumptions, and the neoclassical assumptions have generated efficient tools for quantifying the economic outcomes, and for accounting the economic growth. But these hypothesis, such as the assumption of economic agents’ rationality, allow a very limited understanding of the behaviors of economic agents within the markets. The recent invention of the Nuclear Magnetic Resonance device, allowed the emrgence of a new scientific paradigm, the development of neurosciences. Researchers can observe at a high level of graphic detail various types of activities that occur in the human brain, and some economists have introduced in the study of the economic theory, for example, the assumption that the consumer is driven by emotions when purchasing quantities of goods and services. So, economists may look for additional theories to explain the behavior of the economic agents. An increasingly importance is given to the theoretical contributions built on the work of the economist Joseph Alois Schumpeter, who has an original economic approach based on his own principles. It is proposed to focus the attention on a mesoeconomic vision about the industry, to understand how resources are being allocated and reallocated between companies, and to study the economic processes of evolution, which are influenced by the emergence and dissemination of the innovations. It is supposed that the price is allocating the

  10. Efficiency at Faculties of Economics in the Czech Public Higher Education Institutions: Two Different Approaches

    Flégl, Martin; Vltavská, Kristýna

    2013-01-01

    The paper evaluates research and teaching efficiency at faculties of economics in the public higher education institutions in the Czech Republic. Evaluation is provided in two periods between the years 2006-2010 and 2007-2011. For this evaluation the Data Envelopment Analysis and Index approach are used. Data Envelopment Analysis measures research…

  11. Approaches based on behavioral economics could help nudge patients and providers toward lower health spending growth.

    King, Dominic; Greaves, Felix; Vlaev, Ivo; Darzi, Ara

    2013-04-01

    Policies that change the environment or context in which decisions are made and "nudge" people toward particular choices have been relatively ignored in health care. This article examines the role that approaches based on behavioral economics could play in "nudging" providers and patients in ways that could slow health care spending growth. The basic insight of behavioral economics is that behavior is guided by the very fallible human brain and greatly influenced by the environment or context in which choices are made. In policy arenas such as pensions and personal savings, approaches based on behavioral economics have provided notable results. In health care, such approaches have been used successfully but in limited ways, as in the use of surgical checklists that have increased patient safety and reduced costs. With health care spending climbing at unsustainable rates, we review the role that approaches based on behavioral economics could play in offering policy makers a potential set of new tools to slow spending growth. PMID:23569045

  12. Modeling the economic impact of medication adherence in type 2 diabetes: a theoretical approach

    David S Cobden

    2010-08-01

    Full Text Available David S Cobden1, Louis W Niessen2, Frans FH Rutten1, W Ken Redekop11Department of Health Policy and Management, Section of Health Economics – Medical Technology Assessment (HE-MTA, Erasmus MC, Erasmus University Rotterdam, The Netherlands; 2Department of International Health, Johns Hopkins University School of Public Health, Johns Hopkins Medical Institutions, Baltimore, MD, USAAims: While strong correlations exist between medication adherence and health economic outcomes in type 2 diabetes, current economic analyses do not adequately consider them. We propose a new approach to incorporate adherence in cost-effectiveness analysis.Methods: We describe a theoretical approach to incorporating the effect of adherence when estimating the long-term costs and effectiveness of an antidiabetic medication. This approach was applied in a Markov model which includes common diabetic health states. We compared two treatments using hypothetical patient cohorts: injectable insulin (IDM and oral (OAD medications. Two analyses were performed, one which ignored adherence (analysis 1 and one which incorporated it (analysis 2. Results from the two analyses were then compared to explore the extent to which adherence may impact incremental cost-effectiveness ratios.Results: In both analyses, IDM was more costly and more effective than OAD. When adherence was ignored, IDM generated an incremental cost-effectiveness of $12,097 per quality-adjusted life-year (QALY gained versus OAD. Incorporation of adherence resulted in a slightly higher ratio ($16,241/QALY. This increase was primarily due to better adherence with OAD than with IDM, and the higher direct medical costs for IDM.Conclusions: Incorporating medication adherence into economic analyses can meaningfully influence the estimated cost-effectiveness of type 2 diabetes treatments, and should therefore be ­considered in health care decision-making. Future work on the impact of adherence on health ­economic

  13. Getting Patents & Economic Data to Speak to Each Other: An ‘Algorithmic Links with Probabilities’ Approach for Joint Analyses of Patenting & Economic Activity

    Lybbert, Travis J.; Nikolas J. Zolas

    2012-01-01

    International technological diffusion is a key determinant of cross-country differences in economic performance. While patents can be a useful proxy for innovation and technological change and diffusion, fully exploiting patent data for such economic analyses requires patents to be tied to measures of economic activity. In this paper, we describe and explore a new algorithmic approach to constructing concordances between the International Patent Classification (IPC) system that organizes pate...

  14. Electricity consumption and economic growth nexus in Portugal using cointegration and causality approaches

    The aim of this paper is to re-examine the relationship between electricity consumption, economic growth, and employment in Portugal using the cointegration and Granger causality frameworks. This study covers the sample period from 1971 to 2009. We examine the presence of a long-run equilibrium relationship using the bounds testing approach to cointegration within the Unrestricted Error-Correction Model (UECM). Moreover, we examine the direction of causality between electricity consumption, economic growth, and employment in Portugal using the Granger causality test within the Vector Error-Correction Model (VECM). As a summary of the empirical findings, we find that electricity consumption, economic growth, and employment in Portugal are cointegrated and there is bi-directional Granger causality between the three variables in the long-run. With the exception of the Granger causality between electricity consumption and economic growth, the rest of the variables are also bi-directional Granger causality in the short-run. Furthermore, we find that there is unidirectional Granger causality running from economic growth to electricity consumption, but no evidence of reversal causality. - Highlights: → We re-examine the relationship between electricity consumption, economic growth, and employment in Portugal. → The electricity consumption and economic growth is causing each other in the long-run. → In the short-run, economic growth Granger-cause electricity consumption, but no evidence of reversal causality. → Energy conservation policy will deteriorate the process of economic growth in the long-run. → Portugal should increase investment on R and D to design new energy savings technology.

  15. Economic analysis and assessment of syngas production using a modeling approach

    Kim, Hakkwan; Parajuli, Prem B.; Yu, Fei; Columbus, Eugene P.

    2011-08-10

    Economic analysis and modeling are essential and important issues for the development of current feedstock and process technology for bio-gasification. The objective of this study was to develop an economic model and apply to predict the unit cost of syngas production from a micro-scale bio-gasification facility. An economic model was programmed in C++ computer programming language and developed using a parametric cost approach, which included processes to calculate the total capital costs and the total operating costs. The model used measured economic data from the bio-gasification facility at Mississippi State University. The modeling results showed that the unit cost of syngas production was $1.217 for a 60 Nm-3 h-1 capacity bio-gasifier. The operating cost was the major part of the total production cost. The equipment purchase cost and the labor cost were the largest part of the total capital cost and the total operating cost, respectively. Sensitivity analysis indicated that labor costs rank the top as followed by equipment cost, loan life, feedstock cost, interest rate, utility cost, and waste treatment cost. The unit cost of syngas production increased with the increase of all parameters with exception of loan life. The annual cost regarding equipment, labor, feedstock, waste treatment, and utility cost showed a linear relationship with percent changes, while loan life and annual interest rate showed a non-linear relationship. This study provides the useful information for economic analysis and assessment of the syngas production using a modeling approach.

  16. Energy consumption and economic growth nexus in Tanzania: An ARDL bounds testing approach

    Odhiambo, Nicholas M. [Economics Department, University of South Africa (UNISA), P.O. Box 392, UNISA, 0003, Pretoria (South Africa)], E-mail: nmbaya99@yahoo.com

    2009-02-15

    In this paper, we examine the intertemporal causal relationship between energy consumption and economic growth in Tanzania during the period of 1971-2006. Unlike the majority of the previous studies, we employ the newly developed autoregressive distributed lag (ARDL)-bounds testing approach by Pesaran et al. [2001. Bounds testing approaches to the analysis of level relationships. Journal of Applied Econometrics 16, 289-326] to examine this linkage. We also use two proxies of energy consumption, namely total energy consumption per capita and electricity consumption per capita. The results of the bounds test show that there is a stable long-run relationship between each of the proxies of energy consumption and economic growth. The results of the causality test, on the other hand, show that there is a unidirectional causal flow from total energy consumption to economic growth and a prima-facie causal flow from electricity consumption to economic growth. Overall, the study finds that energy consumption spurs economic growth in Tanzania.

  17. Energy consumption and economic growth nexus in Tanzania: An ARDL bounds testing approach

    In this paper, we examine the intertemporal causal relationship between energy consumption and economic growth in Tanzania during the period of 1971-2006. Unlike the majority of the previous studies, we employ the newly developed autoregressive distributed lag (ARDL)-bounds testing approach by Pesaran et al. [2001. Bounds testing approaches to the analysis of level relationships. Journal of Applied Econometrics 16, 289-326] to examine this linkage. We also use two proxies of energy consumption, namely total energy consumption per capita and electricity consumption per capita. The results of the bounds test show that there is a stable long-run relationship between each of the proxies of energy consumption and economic growth. The results of the causality test, on the other hand, show that there is a unidirectional causal flow from total energy consumption to economic growth and a prima-facie causal flow from electricity consumption to economic growth. Overall, the study finds that energy consumption spurs economic growth in Tanzania

  18. Energy consumption and economic growth nexus in Tanzania. An ARDL bounds testing approach

    Odhiambo, Nicholas M. [Economics Department, University of South Africa (UNISA), P.O. Box 392, UNISA, 0003, Pretoria (South Africa)

    2009-02-15

    In this paper, we examine the intertemporal causal relationship between energy consumption and economic growth in Tanzania during the period of 1971-2006. Unlike the majority of the previous studies, we employ the newly developed autoregressive distributed lag (ARDL)-bounds testing approach by Pesaran et al. [2001. Bounds testing approaches to the analysis of level relationships. Journal of Applied Econometrics 16, 289-326] to examine this linkage. We also use two proxies of energy consumption, namely total energy consumption per capita and electricity consumption per capita. The results of the bounds test show that there is a stable long-run relationship between each of the proxies of energy consumption and economic growth. The results of the causality test, on the other hand, show that there is a unidirectional causal flow from total energy consumption to economic growth and a prima-facie causal flow from electricity consumption to economic growth. Overall, the study finds that energy consumption spurs economic growth in Tanzania. (author)

  19. A participatory systems approach to modeling social, economic, and ecological components of bioenergy

    Availability of and access to useful energy is a crucial factor for maintaining and improving human well-being. Looming scarcities and increasing awareness of environmental, economic, and social impacts of conventional sources of non-renewable energy have focused attention on renewable energy sources, including biomass. The complex interactions of social, economic, and ecological factors among the bioenergy system components of feedstock supply, conversion technology, and energy allocation have been a major obstacle to the broader development of bioenergy systems. For widespread implementation of bioenergy to occur there is a need for an integrated approach to model the social, economic, and ecological interactions associated with bioenergy. Such models can serve as a planning and evaluation tool to help decide when, where, and how bioenergy systems can contribute to development. One approach to integrated modeling is by assessing the sustainability of a bioenergy system. The evolving nature of sustainability can be described by an adaptive systems approach using general systems principles. Discussing these principles reveals that participation of stakeholders in all components of a bioenergy system is a crucial factor for sustainability. Multi-criteria analysis (MCA) is an effective tool to implement this approach. This approach would enable decision-makers to evaluate bioenergy systems for sustainability in a participatory, transparent, timely, and informed manner

  20. A combined energetic and economic approach for the sustainable design of geothermal plants

    Highlights: • Exploitation of medium to low temperature geothermal sources: ORC power plants. • Integrated energetic and economic approach for the analysis of geothermal power plants. • A brief overview of the cost items of geothermal power plants. • Analysis of specific cost of geothermal power plants based on the method proposed. • Analysis of sustainability of geothermal energy systems based on resource durability. - Abstract: The perspectives of future development of geothermal power plants, mainly of small size for the exploitation of medium–low temperature reservoirs, are discussed and analyzed in the present paper. Even if there is a general interest in new power plants and investments in this sector are recognized, the new installations are reduced; the apparent advantage of null cost of the energy source is negatively balanced by the high drilling and installation costs. A key element for the design of a geothermal plant for medium temperature geothermal source is the definition of the power of the plant (size): this is important in order to define not only the economic plan but also the durability of the reservoir. Considering that it is not possible that the development of geothermal industry could be driven only by an economic perspective, the authors propose a method for joining energetic and economic approaches. The result of the combined energetic and economic analysis is interesting particularly in case of Organic Rankine Cycle (ORC) power plants in order to define a suitable and optimal size and to maximize the resource durability. The method is illustrated with reference to some particular case studies, showing that the sustainability of small size geothermal plants will be approached only if the research for more economic solutions will be combined with efforts in direction of efficiency increase

  1. Examining carbon emissions economic growth nexus for India: A multivariate cointegration approach

    The study probes cointegration and causality between carbon emissions and economic growth for India using ARDL bounds testing approach complemented by Johansen-Juselius maximum likelihood procedure in a multivariate framework by incorporating energy supply, investment and employment for time span 1971-2006. The study fails to establish long-run equilibrium relationship and long term causality between carbon emissions and economic growth; however, there exists a bi-directional short-run causality between the two. Hence, in the short-run, any effort to reduce carbon emissions could lead to a fall in the national income. This study also establishes unidirectional short-run causality running from economic growth to energy supply and energy supply to carbon emissions. The absence of causality running from energy supply to economic growth implies that in India, energy conservation and energy efficiency measures can be implemented to minimize the wastage of energy across value chain. Such measures would narrow energy demand-supply gap. Absence of long-run causality between carbon emissions and economic growth implies that in the long-run, focus should be given on harnessing energy from clean sources to curb carbon emissions, which would not affect the country's economic growth.

  2. TAX COMPOSITION AND ECONOMIC GROWTH. A PANEL-MODEL APPROACH FOR EASTERN EUROPE

    MURA PETRU-OVIDIU

    2015-03-01

    Full Text Available In this paper, we investigate the impact of tax composition on economic growth, based on a panel-model approach. The dataset includes six East-European countries and covers the period 1995-2012. Specifically, the study explores the relative impact of different components of tax revenue (direct and indirect tax revenue, as percentage of total tax revenue on economic growth. The paper adds marginally to the empirical literature, showing how the two types of tax revenue influence economic growth in Eastern Europe, under an extended set of economic and sociopolitical control variables. The most important empirical output, for the 6 investigated East-European countries during 1995-2012, suggests that direct taxes are significant and negatively correlated with economic growth, while indirect taxes exert a positive influence on the dependent variable, though insignificant. As for the control variables, it seems that only freedom from corruption and political stability have a significant impact on economic growth. The study suggests that the design of tax systems in Eastern European countries is in accordance with the Commission’s priorities regarding its growth-friendliness. As for policy implications, governments should continue shifting the tax burden away from labour on to tax bases linked to consumption, property, and combating pollution, with potential positive effects both for growth and for fighting against tax evasion.

  3. New approaches to social and economic research on schistosomiasis in TDR

    Carol Vlassoff

    1992-01-01

    Full Text Available This paper describes new approaches to social and economic research being developed by the Social and Economic Research component of the Special Programme for Research and Trainning in Tropical Diseases of the World Health Organization. One of these is a study to acess the possibility of identifying high risk communities for urinary schistosomiasis through a "mailed"questionaire approach distributed through an existing administrative system, thereby eliminating the need for face-to-face interviews by the research or disease control team. This approach, developed by the Swiss Tropical Institute in Ifakara, Tanzania, i s currently being tested in seven other African countries. The paper also describes a change of emphasis of economic research on schistosomiasis, focusing on the intra-household effects of the disease on rural households, rather than, as previously done, studying the impact of the disease on the productivity of individual wage labourers. Other priorities involve the identification of epidemiological information neede for improoved decision-making regarding acceptable treatment strategies in endemic areas with limited financial capacity, as well as research on how the adverse effects of economic development projects can be alleviated.

  4. New approaches to the design and economics of EHV transmission plant

    Jones, Brian

    1972-01-01

    New Approaches to the Design and Economics of EHV Transmission Plant examines the limitations of EHV transmission plant. Analysis is also covered in the book to correct these limitations. The concept behind EHV is that allowable transfer of electricity is related to the square of the voltage. Factors such as the expense of supplying a certain volume of electricity over a given distance and creations of power stations are examined. The book provides economic studies of alternative design policies based on estimation of costs and benefits of the design parameters. The text also focuses on the pr

  5. A classification-based approach to economic event detection in Dutch news text

    Lefever, Els; Hoste, Veronique

    2016-01-01

    Breaking news on economic events such as stock splits or mergers and acquisitions has been shown to have a substantial impact on the financial markets. As it is important to be able to automatically identify events in news items accurately and in a timely manner, we present in this paper proof-of-concept experiments for a supervised machine learning approach to economic event detection in newswire text. For this purpose, we created a corpus of Dutch financial news articles in which 10 types o...

  6. Neuro-genetic hybrid approach for the solution of non-convex economic dispatch problem

    ED (Economic Dispatch) is non-convex constrained optimization problem, and is used for both on line and offline studies in power system operation. Conventionally, it is solved as convex problem using optimization techniques by approximating generator input/output characteristic. Curves of monotonically increasing nature thus resulting in an inaccurate dispatch. The GA (Genetic Algorithm) has been used for the solution of this problem owing to its inherent ability to address the convex and non-convex problems equally. This approach brings the solution to the global minimum region of search space in a short time and then takes longer time to converge to near optimal results. GA based hybrid approaches are used to fine tune the near optimal results produced by GA. This paper proposes NGH (Neuro Genetic Hybrid) approach to solve the economic dispatch with valve point effect. The proposed approach combines the GA with the ANN (Artificial Neural Network) using SI (Swarm Intelligence) learning rule. The GA acts as a global optimizer and the neural network fine tunes the GA results to the desired targets. Three machines standard test system has been tested for validation of the approach. Comparing the results with GA and NGH model based on back-propagation learning, the proposed approach gives contrast improvements showing the promise of the approach. (author)

  7. Techno-economic analysis for the evaluation of three UCG synthesis gas end use approaches

    Nakaten, Natalie; Kempka, Thomas; Burchart-Korol, Dorota; Krawczyk, Piotr; Kapusta, Krzysztof; Stańczyk, Krzysztof

    2016-04-01

    Underground coal gasification (UCG) enables the utilization of coal reserves that are economically not exploitable because of complex geological boundary conditions. In the present study we investigate UCG as a potential economic approach for conversion of deep-seated coals into a synthesis gas and its application within three different utilization options. Related to geological boundary conditions and the chosen gasification agent, UCG synthesis gas composes of varying methane, hydrogen, nitrogen, carbon monoxide and carbon dioxide amounts. In accordance to its calorific value, the processed UCG synthesis gas can be utilized in different manners, as for electricity generation in a combined cycle power plant or for feedstock production making use of its various chemical components. In the present study we analyze UCG synthesis gas utilization economics in the context of clean electricity generation with an integrated carbon capture and storage process (CCS) as well as synthetic fuel and fertilizer production (Kempka et al., 2010) based on a gas composition achieved during an in situ UCG trial in the Wieczorek Mine. Hereby, we also consider chemical feedstock production in order to mitigate CO2 emissions. Within a sensitivity analysis of UCG synthesis gas calorific value variations, we produce a range of capital and operational expenditure bandwidths that allow for an economic assessment of different synthesis gas end use approaches. To carry out the integrated techno-economic assessment of the coupled systems and the sensitivity analysis, we adapted the techno-economic UCG-CCS model developed by Nakaten et al. (2014). Our techno-economic modeling results demonstrate that the calorific value has a high impact on the economics of UCG synthesis gas utilization. In the underlying study, the synthesis gas is not suitable for an economic competitive electricity generation, due to the relatively low calorific value of 4.5 MJ/Nm³. To be a profitable option for electricity

  8. AceWiki: A Natural and Expressive Semantic Wiki

    Kuhn, Tobias

    2008-01-01

    We present AceWiki, a prototype of a new kind of semantic wiki using the controlled natural language Attempto Controlled English (ACE) for representing its content. ACE is a subset of English with a restricted grammar and a formal semantics. The use of ACE has two important advantages over existing semantic wikis. First, we can improve the usability and achieve a shallow learning curve. Second, ACE is more expressive than the formal languages of existing semantic wikis. Our evaluation shows that people who are not familiar with the formal foundations of the Semantic Web are able to deal with AceWiki after a very short learning phase and without the help of an expert.

  9. Health and Economic Impacts of Air Pollution in China: A Comparison of the General Equilibrium Approach and Human Capital Approach

    YUE WAN; HONG-WEI YANG; TOSHIHIKO MASUI

    2005-01-01

    In China, combustion of fossil fuels and biomass has produced serious air pollution that does harm to human health. Based on dose-response relationships derived from epidemiological studies, the authors calculated the number of deaths and people with health problems which were thought to be attributable to China's air pollution in the year of 2000. In order to estimate the corresponding economic impacts from the national point of view, the general equilibrium approach was selected as an analysis tool for this study. A computable general equilibrium (CGE) model was constructed involving 39 sectors and 32 commodities.The human capital approach (HCA) was also used for comparison. The economic burden of disease for people estimated by HCA was equivalent to 1.26‰ (ranging from 0.44‰ to 1.84‰) of China's gross domestic product (GDP). China's GDP loss estimated by the general equilibrium approach reached 0.38‰ (ranging from 0.16‰ to 0.51‰). The difference between the two approaches and the implications of the results were discussed.

  10. Health and economic impacts of air pollution in China: a comparison of the general equilibrium approach and human capital approach.

    Wan, Yue; Yang, Hong-Wei; Masui, Toshihiko

    2005-12-01

    In China, combustion of fossil fuels and biomass has produced serious air pollution that does harm to human health. Based on dose-response relationships derived from epidemiological studies, the authors calculated the number of deaths and people with health problems which were thought to be attributable to China's air pollution in the year of 2000. In order to estimate the corresponding economic impacts from the national point of view, the general equilibrium approach was selected as an analysis tool for this study. A computable general equilibrium (CGE) model was constructed involving 39 sectors and 32 commodities. The human capital approach (HCA) was also used for comparison. The economic burden of disease for people estimated by HCA was equivalent to 1.26 per thousand (ranging from 0.44 per thousand to 1.84 per thousand) of China's gross domestic product (GDP). China's GDP loss estimated by the general equilibrium approach reached 0.38 per thousand (ranging from 0.16 per thousand to 0.51 per thousand). The difference between the two approaches and the implications of the results were discussed. PMID:16544525

  11. Tissue-specific expression of transgenic secreted ACE in vasculature can restore normal kidney functions, but not blood pressure, of Ace-/- mice.

    Saurabh Chattopadhyay

    Full Text Available Angiotensin-converting enzyme (ACE regulates normal blood pressure and fluid homeostasis through its action in the renin-angiotensin-system (RAS. Ace-/- mice are smaller in size, have low blood pressure and defective kidney structure and functions. All of these defects are cured by transgenic expression of somatic ACE (sACE in vascular endothelial cells of Ace-/- mice. sACE is expressed on the surface of vascular endothelial cells and undergoes a natural cleavage secretion process to generate a soluble form in the body fluids. Both the tissue-bound and the soluble forms of ACE are enzymatically active, and generate the vasoactive octapeptide Angiotensin II (Ang II with equal efficiency. To assess the relative physiological roles of the secreted and the cell-bound forms of ACE, we expressed, in the vascular endothelial cells of Ace-/- mice, the ectodomain of sACE, which corresponded to only the secreted form of ACE. Our results demonstrated that the secreted form of ACE could normalize kidney functions and RAS integrity, growth and development of Ace-/- mice, but not their blood pressure. This study clearly demonstrates that the secreted form of ACE cannot replace the tissue-bound ACE for maintaining normal blood pressure; a suitable balance between the tissue-bound and the soluble forms of ACE is essential for maintaining all physiological functions of ACE.

  12. Conducting Economic Evaluations Alongside Randomised Trials: Current Methodological Issues and Novel Approaches.

    Hughes, Dyfrig; Charles, Joanna; Dawoud, Dalia; Edwards, Rhiannon Tudor; Holmes, Emily; Jones, Carys; Parham, Paul; Plumpton, Catrin; Ridyard, Colin; Lloyd-Williams, Huw; Wood, Eifiona; Yeo, Seow Tien

    2016-05-01

    Trial-based economic evaluations are an important aspect of health technology assessment. The availability of patient-level data coupled with unbiased estimates of clinical outcomes means that randomised controlled trials are effective vehicles for the generation of economic data. However there are methodological challenges to trial-based evaluations, including the collection of reliable data on resource use and cost, choice of health outcome measure, calculating minimally important differences, dealing with missing data, extrapolating outcomes and costs over time and the analysis of multinational trials. This review focuses on the state of the art of selective elements regarding the design, conduct, analysis and reporting of trial-based economic evaluations. The limitations of existing approaches are detailed and novel methods introduced. The review is internationally relevant but with a focus towards practice in the UK. PMID:26753558

  13. The political economics of the permanent war and the political economics of the nuclear war. Strategic approaches for Latin America

    This work treats on the hypothesis that the American imperialism uses its nuclear arsenal for reforming geographical spaces that allow him to impel its economic development in the context of the progressive exhaustion of the natural resources of the planet and of the ferocious dispute for market niches and investment destinations, and like the political and military decisions crawl to the different scenarios of economic competition. In the chapter 1 it is insinuated like has been reproduced the Warlike-industrial Complex (CBI) American from the second world postwar period until the present time in the idea of explaining like it is that it is valorized to the capital in scale enlarged starting from the denominated sector producing of destruction means and understanding that the system specifically capitalist is a system where continually the is destroyed previously taken place to manufacture a new merchandise in a luck of creative destruction. In the chapter 2, the topic of the specific contradictions of the CBI is approached that disable him to be the tip of lance of the world imperialism. The chapter 3 try on the productive linkages in the production of nuclear bombs, as well as in the production of the vectors of nuclear transportation and on the implications derived for the world security of the different industries associated to the nuclear energy (as the petroleum, the electricity, the natural gas) and to the transportation vectors of these locating which you/they are the different States where the world supremacy is disputed and that they have like one of its so many negotiation-confrontation letters its nuclear strategic arsenals. What is looked for in a thermonuclear war is the enemy's total elimination, from their offensive capacity, their defensive capacity, until their supplies, their reservations, etc., with the result that the chapters 4 and 5 of this thesis are presented to offer a better understanding that they mean the nuclear arsenals in the

  14. ACE and ACTN3 genes and muscle phenotypes in nonagenarians

    Bustamante-Ara, Natalia; Santiago Dorrego, Catalina; Verde Rello, Zoraida; Yvert, Thomas; Gómez Gallego, Félix; Rodríguez Romo, Gabriel; González Gil, Pedro; Serra-Rexach, José A.; Ruiz, Jonatan R.; Lucía Mulas, Alejandro

    2010-01-01

    We studied the association of ACE and ACTN3 polymorphisms with skeletal muscle phenotypes (i. e. upper and lower body muscular strength and functional tests) in Spanish nonagenarian subjects [n=41, 33 women, 8 men, age: 90-97 years]. Mean values of the study phenotypes were not significantly different (all P>0.05) between ACE and ACTN3 genotypes. The analyses of the combined effects between genotypes ( ACE DD & ACTN3 RR/RX vs. ACE II/ID & ACTN3 XX) did not yield any significant difference. Ou...

  15. Unraveling the Pivotal Role of Bradykinin in ACE Inhibitor Activity.

    Taddei, Stefano; Bortolotto, L

    2016-10-01

    Historically, the first described effect of an angiotensin converting enzyme (ACE) inhibitor was an increased activity of bradykinin, one of the substrates of ACE. However, in the subsequent years, molecular models describing the mechanism of action of ACE inhibitors in decreasing blood pressure and cardiovascular risk have focused mostly on the renin-angiotensin system. Nonetheless, over the last 20 years, the importance of bradykinin in regulating vasodilation, natriuresis, oxidative stress, fibrinolysis, inflammation, and apoptosis has become clearer. The affinity of ACE appears to be higher for bradykinin than for angiotensin I, thereby suggesting that ACE inhibitors may be more effective inhibitors of bradykinin degradation than of angiotensin II production. Data describing the effect of ACE inhibition on bradykinin signaling support the hypothesis that the most cardioprotective benefits attributed to ACE inhibition may be due to increased bradykinin signaling rather than to decreased angiotensin II signaling, especially when high dosages of ACE inhibitors are considered. In particular, modulation of bradykinin in the endothelium appears to be a major target of ACE inhibition. These new mechanistic concepts may lead to further development of strategies enhancing the bradykinin signaling. PMID:27260014

  16. User's manual ACE/ONED (Version 1.0)

    This report explains installation of ACE/ONED code, structure of input and output, how to prepare input and introduces some sample inputs. ACE/ONED developed by KAERI is a two-group one-dimensional diffusion theory code for nuclear design and reactor simulations. The usage of ACE/ONED encompasses core follow calculation, load-following calculation, plant power control simulation, xenon oscillation simulation, control rod maneuvering, and so on. ACE/ONED programmed of FORTRAN 77 in most part can be run on almost all kinds of computer including personal computer. 4 tabs., 4 figs., 8 refs. (Author) .new

  17. Multiobjective scatter search approach with new combination scheme applied to solve environmental/economic dispatch problem

    The environmental/economic dispatch (EED) is an important daily optimization task in the operation of many power systems. It involves the simultaneous optimization of fuel cost and emission objectives which are conflicting ones. The EED problem can be formulated as a large-scale highly constrained nonlinear multiobjective optimization problem. In recent years, many metaheuristic optimization approaches have been reported in the literature to solve the multiobjective EED. In terms of metaheuristics, recently, scatter search approaches are receiving increasing attention, because of their potential to effectively explore a wide range of complex optimization problems. This paper proposes an improved scatter search (ISS) to deal with multiobjective EED problems based on concepts of Pareto dominance and crowding distance and a new scheme for the combination method. In this paper, we have considered the standard IEEE (Institute of Electrical and Electronics Engineers) 30-bus system with 6-generators and the results obtained by proposed ISS algorithm are compared with the other recently reported results in the literature. Simulation results demonstrate that the proposed ISS algorithm is a capable candidate in solving the multiobjective EED problems. - Highlights: ► Economic dispatch. ► We solve the environmental/economic economic power dispatch problem with scatter search. ► Multiobjective scatter search can effectively improve the global search ability

  18. Towards a New Approach of the Economic Intelligence Process: Basic Concepts, Analysis Methods and Informational Tools

    Sorin Briciu

    2009-04-01

    Full Text Available One of the obvious trends in current business environment is the increased competition. In this context, organizations are becoming more and more aware of the importance of knowledge as a key factor in obtaining competitive advantage. A possible solution in knowledge management is Economic Intelligence (EI that involves the collection, evaluation, processing, analysis, and dissemination of economic data (about products, clients, competitors, etc. inside organizations. The availability of massive quantities of data correlated with advances in information and communication technology allowing for the filtering and processing of these data provide new tools for the production of economic intelligence.The research is focused on innovative aspects of economic intelligence process (models of analysis, activities, methods and informational tools and is providing practical guidelines for initiating this process. In this paper, we try: (a to contribute to a coherent view on economic intelligence process (approaches, stages, fields of application; b to describe the most important models of analysis related to this process; c to analyze the activities, methods and tools associated with each stage of an EI process.

  19. The Study of Resource Allocation among Software Development Phases: An Economics-Based Approach

    Peleg Yiftachel

    2011-01-01

    Full Text Available This paper presents an economics-based approach for studying the problem of resource allocation among software development phases. Our approach is structured along two parallel axes: theoretical and empirical. We developed a general economic model for analyzing the allocation problem as a constrained profit maximization problem. The model, based on a novel concept of software production function, considers the effects of different allocations of development resources on output measures of the resulting software product. An empirical environment for evaluating and refining the model is presented, and a first exploratory study for characterizing the model's components and developers' resource allocation decisions is described. The findings illustrate how the model can be applied and validate its underlying assumptions and usability. Future quantitative empirical studies can refine and substantiate various aspects of the proposed model and ultimately improve the productivity of software development processes.

  20. Economic growth and the optimum size of government in 15 European countries: A threshold panel approach

    Hajamini, Mehdi; Falahi, Mohammad Ali

    2012-01-01

    In the growth literature, there is a nonlinear relationship between economic growth and government size, which is similar to an inverted U-shaped curve. This curve can be used to determine the optimum share of government expenditures. This paper, using threshold panel approach, attempts to investigate this nonlinear effect for 15 European countries, empirically. For the size of government, four measures are considered as follows: (i) total expenditures to gross domestic product, (ii) final co...

  1. Do the FDI, Economic growth and Trade affect each other for India: An ARDL Approach

    Singh, Anshul

    2013-01-01

    This paper examines the dynamic causal relationships between foreign direct investment (FDI), trade and economic growth in India by applying the bounds testing (ARDL) approach to cointegration for the period from 1970 to 2012. The bounds tests suggest that the variables of interest are bound together in the long-run when GDP per capita is the dependent variable. The empirical findings confirm that there is bi-directional Granger causality between FDI and trade, unidirectional Granger causalit...

  2. Beyond Economics: a Behavioural Approach to Energy Efficiency in Domestic Buildings

    Claudy, Marius; O'Driscoll, Aidan

    2008-01-01

    This paper argues that the moderate success of policies aiming to stimulate the uptake of Sustainable Energy Systems (SES) in the domestic sector is grounded in a poor understanding of the ‘consumer’. The predominant economic approach behind most policies assumes that improving the cost-benefit ratio of technologies via grants and subsidies and providing sufficient information will automatically incentivise householders’ to invest into SES. Yet, policymakers often neglect behavioural determin...

  3. Education, Endogenous Human Capital, and Monetary Economic Growth with MIU Approach

    Zhang, Wei-Bin

    2013-01-01

    This study builds a monetary growth model with inflation policy and education. The model is a synthesis of the Uzawa-Lucas two-sector growth model and traditional monetary model with the money-in-utility (MIU) approach. We show how money, physical capital and human capital interact over time under exogenous inflation policy in a free market economy. The dynamics of the economy is described by three differential equations. We show that the monetary economic system has a saddle equilibrium poin...

  4. An Integrative Approach to Measuring Economic Convergence: The Case of the European Union

    Bunyaratavej Kraiwinee; Hahn Eugene D.

    2005-01-01

    Empirical convergence analyses have helped provide insight as to whether economies are converging. Previous works on convergence have tended to focus on a particular economic indicator exclusively, even though the convergence process has multiple components. Improved estimates of convergence are likely to result from an integrated approach wherein several indicators are considered simultaneously. The proposed model integrates convergence analyses for three convergence variables to estimate th...

  5. Relationships between Financial Development and Economic Growth: A New Approach by Inputs

    Khalil Mhadhbi

    2014-01-01

    This paper will discuss a new approach to studying finance-growth nexus, based on the production inputs. We analyze, from a panel of 93 countries (developed countries and least developed countries) over the period 1972-2012, the standard regress of economic growth as well as a new proxy for financial activity and interaction effects of the latter with catching up, education, and physical capital accumulation. The results of the Least Squares Dummy Variable estimator show that, from a global p...

  6. The economic performance of Portuguese and Spanish regions: A network dynamic approach

    João Carlos Lopes; Tanya Araujo

    2012-01-01

    This paper contributes to further understanding the economic performance of Portuguese and Spanish regions, using a stochastic network approach. The empirical analysis is made at the territorial level of NUT 3 regions and covers the period 1995-2008. The performance of regions is based on GDP per capita at Purchasing Power Standards. The network analysis is based on a metric space built from the correlation coefficients between the log-difference of annual growth rates. The metric space and t...

  7. The economic performance of Portuguese and Spanish regions : a network dynamics approach

    Lopes, João Carlos; Araújo, Tânya

    2012-01-01

    This paper contributes to further understanding the economic performance of Portuguese and Spanish regions, using a stochastic network approach. The empirical analysis is made at the territorial level of NUT 3 regions and covers the period 1995-2008. The performance of regions is based on GDP per capita at Purchasing Power Standards. The network analysis is based on a metric space built from the correlation coefficients between the log-difference of annual growth rates. The metric space an...

  8. ORGANIZATIONAL-ECONOMIC APPROACHS TO ESTIMATE THE FEASIBILITY OF INNOVATIVE-INVESTMENT PROJECTS

    Volkov V. A.; Orlov A. I.

    2014-01-01

    In this article we propose a general theoretical model of estimation of the feasibility of an innovation-investment project. For specifying a general model to estimate the feasibility of a project we have highlighted the stages of development of projects in the aerospace industry. Organizational-economic approaches to estimation of the feasibility of projects to create rocket and space technology are presented in terms of algorithms. They take into account the specifics of the space industry,...

  9. Adaptive particle swarm optimization approach for static and dynamic economic load dispatch

    This paper presents a novel heuristic optimization approach to constrained economic load dispatch (ELD) problems using the adaptive-variable population - PSO technique. The proposed methodology easily takes care of different constraints like transmission losses, dynamic operation constraints (ramp rate limits) and prohibited operating zones and also accounts for non-smoothness of cost functions arising due to the use of multiple fuels. Simulations were performed over various systems with different numbers of generating units, and comparisons are performed with other existing relevant approaches. The findings affirmed the robustness, fast convergence and proficiency of the proposed methodology over other existing techniques

  10. A Technical and Economic Optimization Approach to Exploring Offshore Renewable Energy Development in Hawaii

    Larson, Kyle B. [Pacific Northwest National Lab. (PNNL), Richland, WA (United States); Tagestad, Jerry D. [Pacific Northwest National Lab. (PNNL), Richland, WA (United States); Perkins, Casey J. [Pacific Northwest National Lab. (PNNL), Richland, WA (United States); Oster, Matthew R. [Pacific Northwest National Lab. (PNNL), Richland, WA (United States); Warwick, M. [Pacific Northwest National Lab. (PNNL), Richland, WA (United States); Geerlofs, Simon H. [Pacific Northwest National Lab. (PNNL), Richland, WA (United States)

    2015-09-01

    This study was conducted with the support of the U.S. Department of Energy’s (DOE’s) Wind and Water Power Technologies Office (WWPTO) as part of ongoing efforts to minimize key risks and reduce the cost and time associated with permitting and deploying ocean renewable energy. The focus of the study was to discuss a possible approach to exploring scenarios for ocean renewable energy development in Hawaii that attempts to optimize future development based on technical, economic, and policy criteria. The goal of the study was not to identify potentially suitable or feasible locations for development, but to discuss how such an approach may be developed for a given offshore area. Hawaii was selected for this case study due to the complex nature of the energy climate there and DOE’s ongoing involvement to support marine spatial planning for the West Coast. Primary objectives of the study included 1) discussing the political and economic context for ocean renewable energy development in Hawaii, especially with respect to how inter-island transmission may affect the future of renewable energy development in Hawaii; 2) applying a Geographic Information System (GIS) approach that has been used to assess the technical suitability of offshore renewable energy technologies in Washington, Oregon, and California, to Hawaii’s offshore environment; and 3) formulate a mathematical model for exploring scenarios for ocean renewable energy development in Hawaii that seeks to optimize technical and economic suitability within the context of Hawaii’s existing energy policy and planning.

  11. A flexible and economical barcoding approach for highly multiplexed amplicon sequencing of diverse target genes

    Craig W. Herbold

    2015-07-01

    Full Text Available High throughput sequencing of phylogenetic and functional gene amplicons provides tremendous insight into the structure and functional potential of complex microbial communities. Here, we introduce a highly adaptable and economical PCR approach to barcoding and pooling libraries of numerous target genes. In this approach, we replace gene- and sequencing platform-specific fusion primers with general, interchangeable barcoding primers, enabling nearly limitless customized barcode-primer combinations. Compared to barcoding with long fusion primers, our multiple-target gene approach is more economical because it overall requires lower number of primers and is based on short primers with generally lower synthesis and purification costs. To highlight our approach, we pooled over 900 different small-subunit rRNA and functional gene amplicon libraries obtained from various environmental or host-associated microbial community samples into a single, paired-end Illumina MiSeq run. Although the amplicon regions ranged in size from approximately 290 to 720 bp, we found no significant systematic sequencing bias related to amplicon length or gene target. Our results indicate that this flexible multiplexing approach produces large, diverse and high quality sets of amplicon sequence data for modern studies in microbial ecology.

  12. A predictive modeling approach to increasing the economic effectiveness of disease management programs.

    Bayerstadler, Andreas; Benstetter, Franz; Heumann, Christian; Winter, Fabian

    2014-09-01

    Predictive Modeling (PM) techniques are gaining importance in the worldwide health insurance business. Modern PM methods are used for customer relationship management, risk evaluation or medical management. This article illustrates a PM approach that enables the economic potential of (cost-) effective disease management programs (DMPs) to be fully exploited by optimized candidate selection as an example of successful data-driven business management. The approach is based on a Generalized Linear Model (GLM) that is easy to apply for health insurance companies. By means of a small portfolio from an emerging country, we show that our GLM approach is stable compared to more sophisticated regression techniques in spite of the difficult data environment. Additionally, we demonstrate for this example of a setting that our model can compete with the expensive solutions offered by professional PM vendors and outperforms non-predictive standard approaches for DMP selection commonly used in the market. PMID:23780751

  13. A methodological approach for landslide economic damage estimation in rural contexts

    C, Aucelli, Pietro P.; Balteanu, Dan; Pisano, Luca; Rosskopf, Carmen M.; Zumpano, Veronica

    2014-05-01

    Land degradation due to mass wasting and accelerated water erosion represents at global scale a serious threat to socio-economic development not only in urban areas but also in rural and hence less populated territories where the main economic resources are frequently directly linked to the exploitation of the agricultural, pastoral and natural resources, often threatened especially by landslide phenomena. The assessment of damage induced by landslides, thus, provides an important contribution to support decision making concerning the sustainable management of land use. In this paper a methodological approach developed in GIS environment for valuing the economic damage induced by landslides in rural areas is presented. It allows direct damage estimation related to landslide phenomena by means of a synthetic approach which considers the loss of land value associated with landslides state of activity. This approach was tested in a study area (a small-scale catchment in Molise Region, Southern Italy) which is highly representative of the Adriatic flank of the Molise Apennine, highly exploited for farming and, in the same time, very sensible to slope instability. Several environmental calculation matrices were defined at the pixel scale in relation to different states of activity of landslides. For each cell, soil uses and related Average Agricultural Values (AAVs) were determined. The economic damage value (DV) was computed by multiplying the obtained specified AAV with a specific landslide-damage index (LDI) which was calculated on the basis of the extent and state of activity of landslides within each cell. This procedure allowed the estimation of the DV and the real agricultural value for each cell. Summing up the results coming from each cell, the total loss of land value due to landslides and the residual total agricultural value for the entire study area were calculated. Furthermore, in order to assess for the entire study area the landslide exposition of rural

  14. Mortality in patients with hypertension on angiotensin-I converting enzyme (ACE)-inhibitor treatment is influenced by the ACE insertion/deletion polymorphism

    Bleumink, GS; Schut, Anna F.C.; Sturkenboom, MCJM; van Duijn, CM; Deckers, JW; Hofman, A; Kingma, J. Herre; Witteman, JCM; Stricker, BHC

    2005-01-01

    Background The response to angiotensin-l converting enzyme (ACE)-inhibitor therapy is highly variable. Residual ACE activity during treatment, potentially modified by the ACE insertion/deletion (I/D) polymorphism, may explain part of this variability. We studied the possible interaction between ACE-

  15. Characterization of angiotensin converting enzyme (ACE) in the testis and assessment of the in vivo effects of the ACE inhibitor perindopril

    Jackson, B.; Cubela, R.B.; Sakaguchi, K.; Johnston, C.I.

    1988-07-01

    Angiotensin converting enzyme (ACE) was characterized by radioligand studies utilizing the potent ACE inhibitor 351A, a derivative of lisinopril. Ligand binding characteristics were similar for ACE derived from testis, lung, and kidney, despite known differences in structure between ACe from these sources. This observation suggests that the ACE active enzymatic site is similar in different tissues. The effect of the orally active ACE inhibitor perindopril was studied ex vivo in tissues of the rat after oral gavage. Radioligand bound to tissue ACE was reduced after perindopril treatment, in tissue homogenates of lung and kidney, but not testis. Autoradiographs of radioligand binding to tissue sections obtained ex vivo after oral perindopril showed inhibition of ACE in the aorta, lung, and kidney, but did not reveal any inhibition of ACE in the testis. ACE in small vessels of the testis was inhibited as in the aorta, while at the same time testicular ACE was unaffected. ACE in rat testis appears to have a similar enzymatic binding site to ACE from the lung and kidney. Perindopril inhibited ACE in the lung and kidney but did not affect ACE in the testis, suggesting the drug is limited in testicular penetration by the blood-testis barrier. This may explain the lack of any reports of adverse effects of ACE inhibitors on testicular function.

  16. Treating High Blood Pressure: Is an ACE Inhibitor Drug Right for You?

    ... High Blood Pressure: Is an ACE Inhibitor Drug Right for You? What are ACE inhibitors? ACE inhibitors, ... talk with your doctor about which drugs are right for you. If your blood pressure is slightly ...

  17. ACE and AGTR1 polymorphisms in elite rhythmic gymnastics.

    Di Cagno, Alessandra; Sapere, Nadia; Piazza, Marina; Aquino, Giovanna; Iuliano, Enzo; Intrieri, Mariano; Calcagno, Giuseppe

    2013-02-01

    In the angiotensin-converting enzyme (ACE) gene, Alu deletion, in intron 16, is associated with higher concentrations of ACE serum activity and this may be associated with elite sprint and power performance. The Alu insertion is associated with lower ACE levels and this could lead to endurance performance. Moreover, recent studies have identified a single-nucleotide polymorphism of the angiotensin type 1 receptor gene AGTR1, which seems to be related to ACE activity. The aim of this study was to examine the involvement of the ACE and the AGTR1 gene polymorphisms in 28 Italian elite rhythmic gymnasts (age range 21 ± 7.6 years), and compare them to 23 middle level rhythmic gymnasts (age range 17 ± 10.9 years). The ACE D allele was significantly more frequent in elite athletes than in the control population (χ(2)=4.07, p=0.04). Comparisons between the middle level and elite athletes revealed significant differences (p<0.0001) for the ACE DD genotype (OR=6.48, 95% confidence interval=1.48-28.34), which was more frequent in elite athletes. There were no significant differences in the AGTR1 A/C genotype or allele distributions between the middle level and elite athletes. In conclusion, the ACE D allele genotype could be a contributing factor to high-performance rhythmic gymnastics that should be considered in athlete development and could help to identify which skills should be trained for talent promotion. PMID:23145508

  18. Virginia Tech Hosts One Of Nation's 37 ACE Fellows

    Cox, Clara B.

    2003-01-01

    Diane Bell, professor of anthropology and director of women's studies at George Washington University and one of 37 American Council on Education (ACE) Fellows, will spend the current academic year in the provost's office at Virginia Tech, examining the globalization efforts of the university and its core curriculum as part of her ACE fellowship.

  19. GROWTH ECONOMIC MODELS AND THEIR IMPLICATIONS TO FINANCIAL POLICY DURING TRANSITION. ATHEORETICAL APPROACH

    BOGDAN FIRTESCU

    2012-05-01

    Full Text Available During 1989, the moment of changes in Eastern Europe, in socialist countries political system were transformed, by renouncing communism, and adopting market based economy. The process had major implications on economic systems in countries such Romania, Bulgaria, Hungary, Poland, Czechoslovakia, that from that moment engaged in wide-ranging political, social, economic and institutional reforms. The year 1989 also marked the beginning of the transition from socialist economy to a market economy to centralized countries mentioned, a process with profound implications on the economic system and financial default. This important structural reforms necessary functioning new economic framework and assumed behavior modification specific old economy, focused on socialist property, presumably achieve in conditions of relative stability allowing rapidly and sustainable growth. This paper takes into discussion some models used by FMI and World Bank (WB that had implications on financial policy applied in transition country, referring to absorption theory, monetary approach to balance of payment and stabilization programs, as short terms models, respectively.

  20. Real Option Approach to Economic Analysis of European Sea Bass (Dicetrarchus labrax Farming in Croatia

    Lari Hadelan

    2012-10-01

    Full Text Available The paper emphasizes the economic performance of the fresh European sea bass production and profitability of related processing to value-added fillets. Croatian annual farmed European sea bass and gilthead sea bream production in amount of 4,000 tones plays only about 1.7% of the World production with mediocre economic benefits for producers. However, product diversification, including processing measures as filleting, vacuuming and smoked processing can ensure additional product value providing long-term strategic orientation for fish-farmers. Seabass filleting, although at the initial phase, can be a modus of value-added production, which protects the producers of the price risk volatility targeting the population averse to the long lasting traditional fish mill preparation. Applied Real Option method can be helpful tool in the situation when the strategic project value includes not just the current economic features but also opportunities related to the basic model. Option approach indicates that seabass filleting triplicate the economic performance with respect to fresh seabass production.

  1. Fuzzy logic approach to SWOT analysis for economics tasks and example of its computer realization

    Vladimir CHERNOV

    2016-07-01

    Full Text Available The article discusses the widely used classic method of analysis, forecasting and decision-making in the various economic problems, called SWOT analysis. As known, it is a qualitative comparison of multicriteria degree of Strength, Weakness, Opportunity, Threat for different kinds of risks, forecasting the development in the markets, status and prospects of development of enterprises, regions and economic sectors, territorials etc. It can also be successfully applied to the evaluation and analysis of different project management tasks - investment, innovation, marketing, development, design and bring products to market and so on. However, in practical competitive market and economic conditions, there are various uncertainties, ambiguities, vagueness. Its making usage of SWOT analysis in the classical sense not enough reasonable and ineffective. In this case, the authors propose to use fuzzy logic approach and the theory of fuzzy sets for a more adequate representation and posttreatment assessments in the SWOT analysis. In particular, has been short showed the mathematical formulation of respective task and the main approaches to its solution. Also are given examples of suitable computer calculations in specialized software Fuzicalc for processing and operations with fuzzy input data. Finally, are presented considerations for interpretation of the results.

  2. Improving economics and safety of water cooled reactors. Proven means and new approaches

    Nuclear power plants (NPPs) with water cooled reactors [either light water reactors (LWRs) or heavy water reactors (HWRs)] constitute the large majority of the currently operating plants. Water cooled reactors can make a significant contribution to meeting future energy needs, to reducing greenhouse gas emissions, and to energy security if they can compete economically with fossil alternatives, while continuing to achieve a very high level of safety. It is generally agreed that the largest commercial barrier to the addition of new nuclear power capacity is the high capital cost of nuclear plants relative to other electricity generating alternatives. If nuclear plants are to form part of the future generating mix in competitive electricity markets, capital cost reduction through simplified designs must be an important focus. Reductions in operating, maintenance and fuel costs should also be pursued. The Department of Nuclear Energy of the IAEA is examining the competitiveness of nuclear power and the means for improving its economics. The objective of this TECDOC is to emphasize the need, and to identify approaches, for new nuclear plants with water cooled reactors to achieve competitiveness while maintaining high levels of safety. The cost reduction methods discussed herein can be implemented into plant designs that are currently under development as well as into designs that may be developed in the longer term. Many of the approaches discussed also generally apply to other reactor types (e.g. gas cooled and liquid metal cooled reactors). To achieve the largest possible cost reductions, proven means for reducing costs must be fully implemented, and new approaches described in this document should be developed and implemented. These new approaches include development of advanced technologies, increased use of risk-informed methods for evaluating the safety benefit of design features, and international consensus regarding commonly acceptable safety requirements that

  3. The economic benefits of fertility control: a critical analysis of the investment approach.

    Badari, V S

    1977-01-01

    Developing countries are experiencing rapid population growth, which hinders development of economic planning. There are 2 ways to determine the gain to the economy resulting from preventing a birth: a macro-economic growth approach, which establishes a comparison of the income per capita of a country with and without fertility control, and the investment approach which weighs the advantages and disadvantages of additional births in terms of the anticipated future production and consumption of these births, compared with the gain of preventing them. If decrease of population growth helps development planning, it makes sense to establish incentive payments for preventing a birth. Arguments against the investment approach are: the amount spent for bonuses could be higher than the amount saved; it could be used for new investment. In the discounting procedure, consumption has been exagerated while reducing the value of production. Leibenstein's contention is that family programs are followed more by middle class families, whose children won't become marginal workers. These critics have been refuted. Enke, main contributor to this approach, states that the incentive payment should not exceede the value of preventing a birth. Also, to avoid the cost of resources the bonus could be given in services and productive goods. The discounting procedure has been considered valid in those cases in which present consumption is more relevant than future consumption and investible funds, in which case discounting is unavoidable. On the other hand, if incentives are offered, more participation of the poorer classes can be expected. Based on the investment approach, some economists, like Enke and Badari, analized the worth of an averted birth in India and agreed that the gains were substantial. This indicated that the investment approach is a useful guide for developing countries. PMID:12261074

  4. The angiotensin-converting enzyme (ACE) gene insertion/ deletion dimorphism tracks with higher serum ace activities in both younger and older subjects

    The absence of a 287 base pair alu sequence in the ACE gene (D allele) is associated with higher ACE levels than its presence (I allele) in adults. We carried out a case control study of thr ACE*I/D dimorphism in relation to circulating ACE activities to evaluate associations between the two variables in adults, compared to younger (18 years or less) individuals. Genotypes of the ACE*I/D dimorphism were determined on DNA samples from a population of 164 random (unrelated) Emirtaes nationals, composed of groups: 112 subjects above 18 years of age (range=20-77), and 52 subjects of 18 years or less (range=1-18) and analyzed for putative associations with serum ACE activities. ACE*I/D genotypes of the 164 individualds were determined by assays based on polymerase chain reaction. ACE activities were determined on serum samples of these subjects bu colorimetric assays. The D allele was associared with increasd ACE values in both adult and younger individuals. Mean ACE activity levels associated with II, ID and DD genotypes, however, were 42%-61% higher in the 18 years and under group of subjects. The ACE*I/D marker accounted for 28% of the variance of the phenomenon determining ACE levels in adults, and for 30% among youngsters. The ACE*I/D dimorphism is correlated strongly with circulating ACE activities in both and young Emirati, subjects and the corresponding mean ACE activities were significantly higher among the youngsters. (author)

  5. A stochastic approach for integrating market and technical uncertainties in economic evaluations of petroleum development

    Changhyup Park; Joe M.Kang; Taewoong Ahn

    2009-01-01

    The paper presents a stochastic and economic analysis for petroleum development under uncertain market and technical environments. Mean-reversion with jumps for price forecasting is used to consider market uncertainty, while various scenarios for the reservoir properties and cost are employed to consider technical uncertainty. Monte Carlo simulation is carried out to obtain the feasible range of net present values and internal rates of return. The influence of stochastic parameters is examined through correlation coefficients. The stochastic approach yields more reliable evaluation and effectively investigates the characteristics of development. The integration of uncertainties and contractual terms results in an irregular tendency in the future cash flow and reveals that a larger reserve does not guarantee a greater profit. The reserve and the well rate affect the economic values whereas the parameters for price prediction don't. The research confirms the necessity of qualifying uncertainties for realistic decision-making at the initial stage of development.

  6. Estimating energy demand of Turkey based on economic indicators using genetic algorithm approach

    This study deals with estimation of energy demand based on economic indicators in Turkey. The genetic algorithm energy demand (GAEDM) Model is developed based on past data using the genetic algorithm approach. The economic indicators that are used during the model development are: gross national product (GNP), population and import and export figures of Turkey. Two forms of the GAEDM model are developed to estimate energy demand. The GAEDM can be used for estimating the energy demand in the future by optimizing the parameter value using available data. The future energy demand is calculated under different scenarios. The current models overestimate the energy demand in the years 2020 and 2025. The relative estimation errors of the GAEDM model are the lowest when they are compared with the Ministry of Energy and Natural Resources (MENR) projection

  7. An economic approach to clinical trial design and research priority-setting.

    Claxton, K; Posnett, J

    1996-01-01

    Whilst significant advances have been made in persuading clinical researchers of the value of conducting economic evaluation alongside clinical trials, a number of problems remain. The most fundamental is the fact that economic principles are almost entirely ignored in the traditional approach to trial design. For example, in the selection of an optimal sample size no consideration is given to the marginal costs or benefits of sample information. In the traditional approach this can lead to either unbounded or arbitrary sample sizes. This paper presents a decision-analytic approach to trial design which takes explicit account of the costs of sampling, the benefits of sample information and the decision rules of cost-effectiveness analysis. It also provides a consistent framework for setting priorities in research funding and establishes a set of screens (or hurdles) to evaluate the potential cost-effectiveness of research proposals. The framework permits research priority setting based explicitly on the budget constraint faced by clinical practitioners and on the information available prior to prospective research. It demonstrates the link between the value of clinical research and the budgetary restrictions on service provision, and it provides practical tools to establish the optimal allocation of resources between areas of clinical research or between service provision and research. PMID:9003938

  8. Economic Policy Instruments and Evaluation Methods in Dutch Water Management: An analysis of their contribution to an integrated approach

    Boot, Sander Paul

    2007-01-01

    textabstractIn international water policy, a trend can be observed towards more attention for economic approaches in water management. In 1992, at the International Conference on Water and the Environment (ICWE) in Dublin, the Convention on the Protection and Use of Transboundary Water Courses and International Lakes was adopted. Guiding Principle 4 of this convention states that ‘water has an economic value in all its competing uses and should be recognised as an economic good’. The argument...

  9. Scenario-based approach to the restructuring of enterprises on the basis of the economic and mathematical models

    Dmytro Stechenko; Olga Omelchenko

    2013-01-01

    The approach to the restructuring of engineering enterprises on the basis of economic and mathematical models complex and scenarios for its implementation are given in the article. The structure and features of the formation of organizational restructuring and economic provision are described. The components of economic and mathematical methods of restructuring are considered: a general model of restructuring, that determines the design of its planning, development and implementation; the ove...

  10. Intellectual Property Rights Protection, Foreign Direct Investment and Economic Growth in Malaysia: An ARDL Bound Test Approach

    Rozilee Asid; Mori Kogid; Dullah Mulok; Jaratin Lily

    2012-01-01

    The main objective of present study is to investigate the implications of intellectual property rights (IPR) protection on foreign direct investment and economic growth in Malaysia. We used the ARDL bounds testing approach to cointegration for long run relationship between the variables. Although researches with regards to foreign direct investment and economic growth have been conducted extensively in the Malaysian economic context, the role of IPR protection however has yet to be discussed ...

  11. THE APPROACHES TO THE DEVELOPMENT OF ORGANIZATIONAL-ECONOMIC SUPPORT FOR CONTROL PROBLEMS IN THE AEROSPACE INDUSTRY

    Orlov A. I.

    2014-01-01

    For strategic and operational management tasks in the aerospace industry we use a variety of organizational-economic models and methods. Their set is called an organizational-economic support. In this article we discuss the approaches to the development of adequate organizational-economic support in the aerospace industry. In particular, we consider the problems of estimation of the effectiveness and management of innovation-investment projects to create aviation and space technology

  12. THE APPROACHES TO THE DEVELOPMENT OF ORGANIZATIONAL-ECONOMIC SUPPORT FOR CONTROL PROBLEMS IN THE AEROSPACE INDUSTRY

    Orlov A. I.

    2014-05-01

    Full Text Available For strategic and operational management tasks in the aerospace industry we use a variety of organizational-economic models and methods. Their set is called an organizational-economic support. In this article we discuss the approaches to the development of adequate organizational-economic support in the aerospace industry. In particular, we consider the problems of estimation of the effectiveness and management of innovation-investment projects to create aviation and space technology

  13. A non-parametric approach to innovation gaps and economic growth

    Juan Ricardo Perilla

    2015-01-01

    A non-parametric approach based on DEA  techniques is used  to  dis- entangle the  relationship between  innovation growth  and  per-capita GDP growth  in a sample  of 30 countries during  1996-2008.  The decomposition of GDP-growth brings support to the notion of advantage of backward- ness.  It leads to conclude that, in the context of innovation, both the process of catching-up and technological change play an important explanation of the dynamics of economic growth. This is in sharp contr...

  14. An Electric taxi fleet charging system using second life electric car batteries simulation and economical approach

    Canals Casals, Lluc; Amante García, Beatriz

    2013-01-01

    The industrial car manufacturers see in the high battery price an im-portant obstacle for an electric vehicle mass selling, thus mass production. There-fore, in order to find some cost relieves and better selling opportunities, they look and push forward to find profitable second battery uses. This study presents a sim-ulation and an economical approach for an electric taxi fleet charging system, us-ing these “old” electric car batteries, implemented in the city of Barcelona. The simulation w...

  15. A Pot-Economical Approach to the Total Synthesis of Sch-725674.

    Bodugam, Mahipal; Javed, Salim; Ganguly, Arghya; Torres, Jessica; Hanson, Paul R

    2016-02-01

    A pot-economical total synthesis of antifungal Sch-725674, 1, is reported. The approach takes advantage of a number of one-pot, sequential transformations, including a phosphate tether-mediated one-pot, sequential RCM/CM/chemoselective hydrogenation protocol, a one-pot tosylation/acrylation sequence, and a one-pot, sequential Finkelstein reaction/Boord olefination/acetonide deprotection procedure to streamline the synthesis route by reducing isolation and purification procedures, thus saving time. Overall, an asymmetric route has been developed that is efficiently accomplished in seven pots from phosphate (S,S)-triene and with minimal purification. PMID:26760683

  16. Does military expenditure influence economic growth in Nigeria during 1989 - 2013? A bound testing approach

    Apanisile, Tolulope Olumuyiwa; Okunlola, Charles Olalekan

    2014-01-01

    The study examines the effect of military expenditure on output in Nigeria both in the short-run and in the long-run period. In addition, it verified whether military expenditure is an economically non-contributive activity using ARDL bounds testing approach to co-integration. Results showed that military spending has negative and significant effect on output in the short-run but positive and significant effect in the long-run. Labour and capital have positive and significant effects both in ...

  17. ORGANIZATIONAL-ECONOMIC APPROACHS TO ESTIMATE THE FEASIBILITY OF INNOVATIVE-INVESTMENT PROJECTS

    Volkov V. A.

    2014-03-01

    Full Text Available In this article we propose a general theoretical model of estimation of the feasibility of an innovation-investment project. For specifying a general model to estimate the feasibility of a project we have highlighted the stages of development of projects in the aerospace industry. Organizational-economic approaches to estimation of the feasibility of projects to create rocket and space technology are presented in terms of algorithms. They take into account the specifics of the space industry, by virtue of which such projects have both innovative and investment components

  18. Chaotic artificial immune approach applied to economic dispatch of electric energy using thermal units

    The economic dispatch problem (EDP) is an optimization problem useful in power systems operation. The objective of the EDP of electric power generation, whose characteristics are complex and highly non-linear, is to schedule the committed generating unit outputs so as to meet the required load demand at minimum operating cost while satisfying system constraints. Recently, as an alternative to the conventional mathematical approaches, modern heuristic optimization techniques have been given much attention by many researchers due to their ability to find an almost global optimal solution in EDPs. As special mechanism to avoid being trapped in local minimum, the ergodicity property of chaotic sequences has been used as optimization technique in EDPs. Based on the chaos theory, this paper discusses the design and validation of an optimization procedure based on a chaotic artificial immune network approach based on Zaslavsky's map. The optimization approach based on chaotic artificial immune network is validated for a test system consisting of 13 thermal units whose incremental fuel cost function takes into account the valve-point loading effects. Simulation results and comparisons show that the chaotic artificial immune network approach is competitive in performance with other optimization approaches presented in literature and is also an attractive tool to be used on applications in the power systems field.

  19. New approaches in teaching the discipline of «Labor protection» at the University of Economics

    Гончаров, В. А.; Самойлов, М.В.

    2013-01-01

    The report provides a comparison of different models of education for university students on the issues of labor protection. New approaches to teaching discipline of «Labor protection» at the University of Economics are considered.

  20. An approach to determining the economic feasibility of refuse-derived fuel and materials recovery processing

    Gershman, H. W.

    1980-06-01

    An approach for determining the economic feasibility of refuse-derived fuel production and the recovery of materials is presented. This information is based on data developed for the metropolitan Washington, D.C. area as input for the consideration of a regional resource recovery program which would eventually encompass 4000 t/day of municipal solid waste; it is designed to recover refuse-derived fuel (RDF), ferrous and nonferrous metals, flint and color-mixed glass cullet, color-mixed glass fines, and waste newspapers. The planning process requires estimates of recovery product revenues and of process feasibility; since materials revenues can be predicted with a greater degree of certainty than RDF revenues, it becomes necessary to determine what revenues will be required from the sale of RDF so that predicted economics can be the same as the alternative disposal practice. A technique is described which will assist the decisionmaker in evaluating the economic feasibility of the proposed project by determining the RDF 'Indifference Value'.

  1. Estimating the Relationship between Economic Growth and Health Expenditures in ECO Countries Using Panel Cointegration Approach.

    Hatam, Nahid; Tourani, Sogand; Homaie Rad, Enayatollah; Bastani, Peivand

    2016-02-01

    Increasing knowledge of people about health leads to raising the share of health expenditures in government budget continuously; although governors do not like this rise because of budget limitations. This study aimed to find the association between health expenditures and economic growth in ECO countries. We added health capital in Solow model and used the panel cointegration approach to show the importance of health expenditures in economic growth. For estimating the model, first we used Pesaran cross-sectional dependency test, after that we used Pesaran CADF unit root test, and then we used Westerlund panel cointegration test to show if there is a long-term association between variables or not. After that, we used chaw test, Breusch-Pagan test and Hausman test to find the form of the model. Finally, we used OLS estimator for panel data. Findings showed that there is a positive, strong association between health expenditures and economic growth in ECO countries. If governments increase investing in health, the total production of the country will be increased, so health expenditures are considered as an investing good. The effects of health expenditures in developing countries must be higher than those in developed countries. Such studies can help policy makers to make long-term decisions. PMID:26997596

  2. Economic Evaluation of Mental Health Interventions: A Guide to Costing Approaches.

    Shearer, James; McCrone, Paul; Romeo, Renee

    2016-07-01

    Costing approaches in the economic evaluation of mental health interventions are complicated by the broad societal impacts of mental health, and the multidisciplinary nature of mental health interventions. This paper aims to provide a practical guide to costing approaches across a wide range of care inputs and illness consequences relevant to the treatment of mental health. The resources needed to deliver mental health interventions are highly variable and depend on treatment settings (institutional, community), treatment providers (medical, non-medical) and formats (individual, group, electronic). Establishing the most appropriate perspective is crucial when assessing the costs associated with a particular mental health problem or when evaluating interventions to treat them. We identify five key cost categories (social care, informal care, production losses, crime and education) impacted by mental health and discuss contemporary issues in resource use measurement and valuation, including data sources and resource use instruments. PMID:26922076

  3. Modified economic order quantity (EOQ model for items with imperfect quality: Game-theoretical approaches

    Milad Elyasi

    2014-04-01

    Full Text Available In the recent decade, studying the economic order quantity (EOQ models with imperfect quality has appealed to many researchers. Only few papers are published discussing EOQ models with imperfect items in a supply chain. In this paper, a two-echelon decentralized supply chain consisting of a manufacture and a supplier that both face just in time (JIT inventory problem is considered. It is sought to find the optimal number of the shipments and the quantity of each shipment in a way that minimizes the both manufacturer’s and the supplier’s cost functions. To the authors’ best knowledge, this is the first paper that deals with imperfect items in a decentralized supply chain. Thereby, three different game theoretical solution approaches consisting of two non-cooperative games and a cooperative game are proposed. Comparing the results of three different scenarios with those of the centralized model, the conclusions are drawn to obtain the best approach.

  4. Fuzzy logic approach for energetic and economic evaluation of hydroelectric projects

    A mathematical model for energetic and economic evaluation of hydroelectric projects is developed. The main advantage of the proposed methodology is that the model considers uncertainty and vagueness which appears during the decision making process. Due to modeling of variables that are non statistical in their character, fuzzy logic approach is fully incorporated in the model. The first step in energetic evaluation of the hydro power projects is determination of the characteristic of the efficiency of the units to be installed in hydro power plants. For this purpose the model which uses the best characteristics of Artificial Network Fuzzy Inference System (ANFIS) is applied. The method is tested on real systems: HPP Tikves- the power plant in operation and HPP Kozjak - the power plant in construction. The results obtained from practical implementation show that the proposed approach gives superior results than classical polynomial approximation. The model for determining the consumption characteristic of hydro power plant is developed by Sugeno Fuzzy Logic System with polynomials in the consequent part of the rules. Model takes into account the variable gross head of HPP, as well as, the number of units which will be in operation for given output. Modeling of the gross head and power output are performed by expert's design membership functions. This model is practically applied on HPP Tikves for determination of the consumption characteristic for several gross head. The plausible yearly production of electricity from hydro power project, which is important for estimation of the benefit from the project, is calculated by mixed fuzzy-statistical model. hi this approach fuzzy set of the inflow is constructed according to the statistical parameters. The calculation of the production of electricity is realized for a several hydrological conditions which are described by linguistic variables. Finally, Mamdani Fuzzy Inference System with fuzzy number in consequent part

  5. The Effect of Exports and Imports on Economic Growth in the Arab Countries: A Panel Data Approach

    HAMDAN, Bader S.S.

    2016-01-01

    Abstract. The study focused on the effect exports and imports on economic growth in the Arab countries during the period 1995 to 2013. The study used panel data approach in 17 countries: (Jordan, United Arab Emirates, Bahrain, Tunisia, Algeria, Saudi Arabia, Sudan, Oman, Qatar, Kuwait, Lebanon, Egypt, Djibouti, Mauritania, Morocco, Yemen and Palestine). The study used panel data approach by E views program. The study found that the effect exports and imports have positive effect of economic g...

  6. Equitable fund allocation, an economical approach for sustainable waste load allocation.

    Ashtiani, Elham Feizi; Niksokhan, Mohammad Hossein; Jamshidi, Shervin

    2015-08-01

    This research aims to study a novel approach for waste load allocation (WLA) to meet environmental, economical, and equity objectives, simultaneously. For this purpose, based on a simulation-optimization model developed for Haraz River in north of Iran, the waste loads are allocated according to discharge permit market. The non-dominated solutions are initially achieved through multiobjective particle swarm optimization (MOPSO). Here, the violation of environmental standards based on dissolved oxygen (DO) versus biochemical oxidation demand (BOD) removal costs is minimized to find economical total maximum daily loads (TMDLs). This can save 41% in total abatement costs in comparison with the conventional command and control policy. The BOD discharge permit market then increases the revenues to 45%. This framework ensures that the environmental limits are fulfilled but the inequity index is rather high (about 4.65). For instance, the discharge permit buyer may not be satisfied about the equity of WLA. Consequently, it is recommended that a third party or institution should be in charge of reallocating the funds. It means that the polluters which gain benefits by unfair discharges should pay taxes (or funds) to compensate the losses of other polluters. This intends to reduce the costs below the required values of the lowest inequity index condition. These compensations of equitable fund allocation (EFA) may help to reduce the dissatisfactions and develop WLA policies. It is concluded that EFA in integration with water quality trading (WQT) is a promising approach to meet the objectives. PMID:26205280

  7. Nicotine reduction as an increase in the unit price of cigarettes: a behavioral economics approach.

    Smith, Tracy T; Sved, Alan F; Hatsukami, Dorothy K; Donny, Eric C

    2014-11-01

    Urgent action is needed to reduce the harm caused by smoking. Product standards that reduce the addictiveness of cigarettes are now possible both in the U.S. and in countries party to the Framework Convention on Tobacco Control. Specifically, standards that required substantially reduced nicotine content in cigarettes could enable cessation in smokers and prevent future smoking among current non-smokers. Behavioral economics uses principles from the field of microeconomics to characterize how consumption of a reinforcer changes as a function of the unit price of that reinforcer (unit price=cost/reinforcer magnitude). A nicotine reduction policy might be considered an increase in the unit price of nicotine because smokers are paying more per unit of nicotine. This perspective allows principles from behavioral economics to be applied to nicotine reduction research questions, including how nicotine consumption, smoking behavior, use of other tobacco products, and use of other drugs of abuse are likely to be affected. This paper reviews the utility of this approach and evaluates the notion that a reduction in nicotine content is equivalent to a reduction in the reinforcement value of smoking-an assumption made by the unit price approach. PMID:25025523

  8. Hybrid integer coded differential evolution - dynamic programming approach for economic load dispatch with multiple fuel options

    This paper presents a novel and efficient approach through a hybrid integer coded differential evolution - dynamic programming (ICDEDP) scheme to solve the economic dispatch (ED) problem with multiple fuel options. A dynamic programming (DP) based simplified recursive algorithm is developed for optimal scheduling of the generating units in the ED problem. The proposed hybrid scheme is developed in such a way that an integer coded differential evolution (ICDE) is acting as a main optimizer to identify the optimal fuel options, and the DP is used to find the fitness of each agent in the population of the ICDE, which makes a quick decision to direct the search towards the optimal region. The hybrid ICDEDP decision vector consists of a sequence of integer numbers representing the fuel options of each unit to optimize quality of search and computation time. A gene swap operator is introduced in the proposed algorithm to improve its convergence characteristics. In order to show the efficiency and effectiveness, the proposed hybrid ICDEDP approach has been examined and tested with numerical results using the ten generation unit economic dispatch problem with multiple fuel options. The test result shows that the proposed hybrid ICDEDP algorithm has high quality solution, superior convergence characteristics and shorter computation time

  9. ARE YOU PANICKED? ECONOMIC AND HEALTH CONSEQUENCES OF THE ECONOMIC CRISIS: A PSYCHOLOGICAL APPROACH IN ROMANIAN CONTEXT

    Mihaela DIACONU

    2013-09-01

    Full Text Available During the last few years the entire world experienced one of the most turmoil period in its history. Economic crisis is the most traumatic event leading to a substantial deterioration in the quality of life of the household. Unemployment, inflation rate increasing, freezing or decreasing of the wages, the purchasing power decreasing, the decreasing of the investments value represent only of some economic shocks that hit most of the individuals, in the last few years. The individual well-being is determinate by many things like the level and secure income, labor market status, job stability and characteristics, health status, social relationships, family etc. In some ways and to a different extent all these were affected by the economic crisis, for many people, around the world. Empirical evidence presented in different international studies emphasized a causal relation between all these aspects. The purpose of the present study was to identify the economic and health consequences of the economic crisis adopting a psychological perspective. The results of the study emphasize that there is a causal relationship between psychological factors and almost all the dimensions of economic behavior and health status measured. Also, the empirical findings uphold that those who are more risk averse and have the highest perception over the risk exposure are taping the highest values regarding the main stressors measured and present more intense symptoms of stress exposure. The limits of the study come from the fact that health consequences were measured in certain period of time (the last six months, thus, this study do not offer a long term evaluation.

  10. A faster and economical approach to floodplain mapping using the SSURGO soil database

    Sangwan, N.; Merwade, V.

    2014-12-01

    Floods are the most damaging of all natural disasters, adversely affecting millions of lives and causing financial losses worth billions of dollars every year across the globe. Flood inundation maps play a key role in the assessment and mitigation of potential flood hazards. However, there are several communities in the United States where flood risk maps are not available due to the lack of the resources needed to create such maps through the conventional modeling approach. The objective of this study is to develop and examine an economical alternative approach to floodplain mapping using widely available SSURGO soil data in the United States. By using the state of Indiana as a test case, floodplain maps are developed for the entire state by identifying the flood-prone soil map units based on their attributes recorded in the SSURGO database. For validation, the flood extents obtained from the soil data are compared with the extents predicted by other floodplain maps, including the Federal Emergency Management Agency (FEMA) issued Flood Insurance Rate Maps (FIRM), flood extents observed during past floods, and other flood maps derived using Digital Elevation Models (DEMs). In general, SSURGO based floodplain maps are found to be largely in agreement with flood inundation maps created by FEMA. Comparison between the FEMA maps and the SSURGO derived floodplain maps show an overlap ranging from 65 to 90 percent. Similar results are also found when the SSURGO derived floodplain maps are compared with FEMA maps for recent flood events in other states including Minnesota, Washington and Wisconsin. Although not in perfect conformance with reference flood maps, the SSURGO soil data approach offers an economical and faster alternative to floodplain mapping in areas where detailed flood modeling and mapping has not been conducted.

  11. Oil products Consumption, Electricity Consumption - Economic growth Nexus in the Economy of Iran: A Bounds Testing Co-integration Approach

    Davoud Mahmoudinia

    2013-01-01

    Full Text Available In this study we investigate the inter-temporal causal relationship among Economic growth, Oil products consumption, Electricity consumption and Price (intermittent variable during 1973-2006. We employ the Autoregressive Distributed Lag (ARDL-Bounds Testing approach by Pesaran et al (2001. The result of bounds test shows that there is long run co-integration among economic growth, Price, Oil products consumption and economic growth, Price, Electricity consumption. Also the result shows that there is unidirectional casual effect of Oil products consumption and Electricity consumption on economic growth and the impact of these two variables on economic growth in long run is negative. Hence, waste and deficient of oil product consumption and electricity consumption in long run are a deterrent for economic growth in Iran’s economy. Thus, energy saving policies should be selected by policymakers in Iran’s economy.

  12. Marketing during a Recession: An Illustration of How Economic Principles Guide Marketing Approaches

    Melanie Marks; Scott Wentland; Abbey O'Connor

    2014-01-01

    This article offers a practical way for economic educators to integrate marketing into economics principles courses by connecting economic principles and data to advertisements used during the "Great Recession." While most business students are required to take economic principles courses, few appreciate how economic theory applies to different disciplines. To help economic educators integrate material across disciplines, we provide specific connections to marketing for topics commonly taught...

  13. Polarimetric Multiwavelength Focal Plane Arrays for ACE and CLARREO Project

    National Aeronautics and Space Administration — High-performance polarimetric and nonpolarimetric sensing is crucial to upcoming NASA missions, including ACE and CLARREO and the multi-agency VIIRS NPP project....

  14. Angioedema Due to use of ACE-Inhibitor

    Hulya Eyigor

    2014-03-01

    Full Text Available       Angioedema; which may be hereditary or non-hereditary, is defined as a sudden, severe, often in awkward, temporary swelling of skin, subcutaneous and mucous membranes of the face, tongue, lip, larynx, and gastrointestinal areas. Angiotensin Converting Enzyme (ACE inhibitor drugs are widely used in essential hypertension and congestive heart diseases and effective and safe drugs. Angioedema is quite rare due to the use of ACE inhibitors, the rate changes from 0.1 to 0.7% reported in the literature. The pathophysiology of angioedema induced by ACE inhibitors are not completely understood, this situation has been tought to be associated with an increased activity of bradykinin related vasodilatation, increased vascular permeability and interstitial edema. In this study, a case of 65-year-old male patient presented angioedema induced by lisinopril was presented and a very rare side effect of ACE inhibitor drugs was reviewed with the relevant literature.

  15. Community Economics

    武藤, 宣道; Nobumichi, MUTOH

    2000-01-01

    This paper examines the new field of community economics with respect to Japan. A number of studies in community economics have already been produced in OECD countries including the United States. Although these are of great interest, each country has its own historical, socioeconomic context and must therefore develop its own approach to community economics. Community-oriented economics is neither macro-nor micro-economics in the standard economics textbook sense. Most community economics st...

  16. A Hydro-Economic Approach to Representing Water Resources Impacts in Integrated Assessment Models

    Kirshen, Paul H.; Strzepek, Kenneth, M.

    2004-01-14

    Grant Number DE-FG02-98ER62665 Office of Energy Research of the U.S. Department of Energy Abstract Many Integrated Assessment Models (IAM) divide the world into a small number of highly aggregated regions. Non-OECD countries are aggregated geographically into continental and multiple-continental regions or economically by development level. Current research suggests that these large scale aggregations cannot accurately represent potential water resources-related climate change impacts. In addition, IAMs do not explicitly model the flow regulation impacts of reservoir and ground water systems, the economics of water supply, or the demand for water in economic activities. Using the International Model for Policy Analysis of Agricultural Commodities and Trade (IMPACT) model of the International Food Policy Research Institute (IFPRI) as a case study, this research implemented a set of methodologies to provide accurate representation of water resource climate change impacts in Integrated Assessment Models. There were also detailed examinations of key issues related to aggregated modeling including: modeling water consumption versus water withdrawals; ground and surface water interactions; development of reservoir cost curves; modeling of surface areas of aggregated reservoirs for estimating evaporation losses; and evaluating the importance of spatial scale in river basin modeling. The major findings include: - Continental or national or even large scale river basin aggregation of water supplies and demands do not accurately capture the impacts of climate change in the water and agricultural sector in IAMs. - Fortunately, there now exist gridden approaches (0.5 X 0.5 degrees) to model streamflows in a global analysis. The gridded approach to hydrologic modeling allows flexibility in aligning basin boundaries with national boundaries. This combined with GIS tools, high speed computers, and the growing availability of socio-economic gridded data bases allows assignment of

  17. Trans Pacific Stategic Economic Partnership With Japan, South Korea and China Integrate: General Equilibrium Approach

    Todsadee Areerat

    2012-01-01

    Full Text Available Problem statement: The Trans-Pacific Strategic Economic Partnership Agreement (TPP is a high standard and broad based Free Trade Agreement that aims to integrate the economies of the Asia-Pacific region. Recently, the US is pressing Japan to join the group. Japan is considering joining the TPP because of the dual considerations of its own economy and the political situation in East Asia. While, South Korea has yet to agree to join the TPP over concerns that their agriculture will be seriously affected. In addition, Japan and the US are employing both military and economic strategies to isolate China. However, China has contacted those already participating in TPP negotiations and shares some common views with Japan and South Korea on agricultural issues. Therefore, in this study, we attempt to assess the possibility of reaching full trade liberalization or trade creation through the TPP with the addition of new member countries including Japan, Korea and China. Approach: A Computable General Equilibrium (CGE or Global Trade Analysis Project (GTAP model is used to evaluate the economic effects of a TPP agreement among TPP countries with trade creation. In this study, seven cases were created to distinguish the welfare and trade effects of policy changes. Results: We found that the new member countries among TPP countries with East Asia countries including Japan, South Korea and China would benefit from the FTA among member countries. They gain much more from the real GDP and welfare than the TPP agreement, particularly Vietnam and Korea. This is particularly a fact for trade in the meat product sectors between TPP with Japan, Korea and China, which most of them gain benefit. Conclusion: Therefore, the TPP would benefit both economies and welfare with the eliminate tariff rate.

  18. Environment contamination by mycotoxins and their occurrence in food and feed: Physiological aspects and economical approach.

    Capcarova, Marcela; Zbynovska, Katarina; Kalafova, Anna; Bulla, Jozef; Bielik, Peter

    2016-01-01

    The contamination of food and feed by mycotoxins as toxic metabolites of fungi is a risk not only for consumers resulting in various embarrassment regarding health status and well-being, but also for producers, companies and export market on the ground of economic losses and ruined stability of economic trade. As it is given in historical evidence, the contamination of food by mycotoxins is a topic as old as a history of mankind, finding some evidence even in the ancient books and records. Nowadays, the mycotoxins are used in modern biotechnological laboratories and are considered an agent for targeting the specific cells (e.g., defected cells to eliminate them). However, this promising procedure is only the beginning. More concern is focused on mycotoxins as abiotic hazard agents. The dealing with them, systematic monitoring, and development of techniques for their elimination from agricultural commodities are worldwide issues concerning all countries. They can be found alone or in co-occurrence with other mycotoxins. Thus, this review aims to provide widened information regarding mycotoxins contamination in environment with the consequences on health of animals and humans. The inevitability for more data that correctly determine the risk points linked to mycotoxins occurrence and their specific reactions in the environment is demonstrated. This review includes various symptoms in animals and humans that result from mycotoxin exposure. For better understanding of mycotoxin's impact on animals, the sensitivities of various animal species to various mycotoxins are listed. Strategies for elimination and preventing the risks of mycotoxins contamination as well as economical approach are discussed. To complete the topic, some data from past as historical evidences are presented. PMID:26786025

  19. ACE View � an ontology and rule editor based on controlled English

    Kaljurand, K

    2008-01-01

    We describe the architecture of a novel ontology and rule editor ACE View. The goal of ACE View is to simplify viewing and editing expressive and syntactically complex OWL/SWRL knowledge bases by making most of the interaction with the knowledge base happen via Attempto Controlled English (ACE). This makes ACE View radically different from current OWL/SWRL editors which are based on formal logic syntaxes and general purpose graphical user interface widgets. ACE Vie...

  20. Using data collected for production or economic purposes to research production animal welfare: an epidemiological approach.

    Dewey, Cate; Haley, Charles; Widowski, Tina; Friendship, Robert; Sunstrum, Janet; Richardson, Karen

    2009-01-01

    Epidemiologists use the analyses of large data sets collected for production or economic purposes to research production nonhuman animal welfare issues in the commercial setting. This approach is particularly useful if the welfare issue is rare or hard to reproduce. However, to ensure the information is accurate, it is essential to carefully validate these data. The study used economic data to research in-transit deaths of finishing pigs. The most appropriate model to fit the distribution of the outcome must be selected. A negative binomial model fit these data because the prevalence was low and most lots of pigs had no deaths. The study used hierarchical dummy variables to identify thresholds of temperature and humidity above which in-transit losses increased. Multiple variable modeling provides the foundation for the strength of epidemiological research. The model identifies the association between each factor and the outcome after controlling for the other factors in the model. The study evaluated confounding and interaction. Bias may be introduced when data are limited to one farm system, one abattoir, or one season. Census data enable us to understand the entire industry. PMID:19319713

  1. THE IMPACT OF CREDIT AND CAPITAL SUPPORTS ON ECONOMIC BEHAVIOR OF FARM HOUSEHOLDS: A HOUSEHOLD ECONOMIC APPROACH

    Bernardus Bala de Rosari

    2014-07-01

    Full Text Available This research aimed at analysing the demand and allocation of credit and capital supports by farm household and impact on production, consumption, and investment. The research was conducted in East Nusa Tenggara Timur (ENT Province, one of targeted region of credit and capital supports policy of the government. Data collection was conducted from April to June 2013 by sampling for 178 households of farmers in Kupang District and Timor Tengah Selatan (TTS District. The result of this research showed that the allocation of credit and capital supports caused increaseof cattle production, consumption expenditure, and investment. The usage of credit and capital supports was depend on economical situation of the household itself. The decision of farm household on using credit and capital supports had impact on overall economical behavior of household, i.e. production, consumption and investment behavior. The transmission use was reciprocally interacted. Finally, the policy of credit and capital supports scheme for farmers should be adjusted with the context of farm household economics.

  2. Economic planning for electric energy systems: a multi objective linearized approach for solution

    The economic planning problem associated to the expansion and operation of electrical power systems is considered in this study, represented for a vectorial objective function in which the minimization of resources involved and maximization of attended demand constitute goals to be satisfied. Supposing all the variables involved with linear characteristic and considering the conflict existing among the objectives to be achieved, in order to find a solution, a multi objective linearized approach is proposed. This approximation utilizes the compromise programming technique and linear programming methods. Generation and transmission are simultaneously considered into the optimization process in which associated losses and the capacity of each line are included. Illustrated examples are also presented with results discussed. (author)

  3. A non-parametric approach to innovation gaps and economic growth

    Juan Ricardo Perilla

    2015-10-01

    Full Text Available A non-parametric approach based on DEA  techniques is used  to  dis- entangle the  relationship between  innovation growth  and  per-capita GDP growth  in a sample  of 30 countries during  1996-2008.  The decomposition of GDP-growth brings support to the notion of advantage of backward- ness.  It leads to conclude that, in the context of innovation, both the process of catching-up and technological change play an important explanation of the dynamics of economic growth. This is in sharp contrast to alternative evidence that brings more support to the importance of capital deepening in explaining labour growth productivity.

  4. Approaches for Assessing the Economic Competitiveness of Small and Medium Sized Reactors

    periods, unit timing (spread of investments over time); and, possibly, greater involvement of local industry and local labour. The effectiveness of all of these approaches to SMR design and deployment depends on the application and on market variables, such as interest rates, and needs to be assessed and demonstrated for specific cases. Upon the advice and with the support of IAEA Member States, the IAEA provides a forum for the exchange of information by experts and policy makers from industrialized and developing countries on the technical, economic, environmental and social aspects of SMR development and implementation in the twenty-first century, and makes this information available to all interested Member States by producing status reports and other publications dedicated to advances in SMR design and technology development. This report was prepared to assist existing and potential stakeholders in Member States in understanding the economic competitiveness of SMR technologies compared to other energy sources and large reactors (LRs); to provide information on available approaches and frameworks to assess the economic competitiveness of advanced SMRs and LRs under specific conditions of their application; and to share knowledge on positive experiences of several Member States that are introducing SMRs into their energy mix. The report is intended for a variety of stakeholders including: design organizations involved in SMR development programmes; investors and potential users of innovative SMRs; and officers in the ministries or atomic energy commissions in Member States responsible for implementing nuclear technology development programmes or evaluating nuclear power deployment options in the near, medium and longer term. The main sections of this report highlight the experience with and future plans for SMRs in several Member States, and present the available methodological options to assist design organizations and guide potential users on the economic performance

  5. An example of integrated approach to technical and economic optimization of maintenance

    This paper presents a case study of technical and economic optimization of the periodicity of predetermined preventive maintenance actions carried out on a repairable industrial system from an EDF electric power plant. This analysis is conducted with the MARS software tool (MARS for “maintenance assessment of repairable systems”), developed jointly by Grenoble University and EDF R and D. The innovative aspect of this work lies in the integrated approach that is used, combining two steps. A first estimation step retrospectively assesses maintenance effect on system reliability. A second simulation step predicts the behavior of the maintained system over the time period set as an objective by the operator. The different stages of the case study are described in detail with elaborated considerations about optimization of the periodicity of preventive maintenance

  6. Economic-environmental energy and reserve scheduling of smart distribution systems: A multiobjective mathematical programming approach

    Highlights: • Environmental/economical scheduling of energy and reserve. • Simultaneous participation of loads in both energy and reserve scheduling. • Aggregate wind generation and demand uncertainties in a stochastic model. • Stochastic scheduling of energy and reserve in a distribution system. • Demand response providers’ participation in energy and reserve scheduling. - Abstract: In this paper a stochastic multi-objective economical/environmental operational scheduling method is proposed to schedule energy and reserve in a smart distribution system with high penetration of wind generation. The proposed multi-objective framework, based on augmented ε-constraint method, is used to minimize the total operational costs and emissions and to generate Pareto-optimal solutions for the energy and reserve scheduling problem. Moreover, fuzzy decision making process is employed to extract one of the Pareto-optimal solutions as the best compromise non-dominated solution. The wind power and demand forecast errors are considered in this approach and the reserve can be furnished by the main grid as well as distributed generators and responsive loads. The consumers participate in both energy and reserve markets using various demand response programs. In order to facilitate small and medium loads participation in demand response programs, a Demand Response Provider (DRP) aggregates offers for load reduction. In order to solve the proposed optimization model, the Benders decomposition technique is used to convert the large scale mixed integer non-linear problem into mixed-integer linear programming and non-linear programming problems. The effectiveness of the proposed scheduling approach is verified on a 41-bus distribution test system over a 24-h period

  7. The Innovative Approach to Developing the Methodology of the Description Models of Modern Economic Systems’ Development

    G. M. Zabolotnyy; S. V. Kozlovskiy

    2011-01-01

    In modern conditions of functioning and development of economic systems it is expedient to specify the term „new economy” in the aspect of economic systems. In the given aspect „new economy” may be examined from positions of "modern economic system”.The modern economic system is a set of economic systems of a different level: the state, regions, areas, the enterprises etc.

  8. The economic and environmental value of genetic improvements in fattening pigs: An integrated dynamic model approach.

    Niemi, J K; Sevón-Aimonen, M-L; Stygar, A H; Partanen, K

    2015-08-01

    The selection of animals for improved performance affects the profitability of pig fattening and has environmental consequences. The goal of this paper was to examine how changes in genetic and market parameters impact the biophysical (feeding patterns, timing of slaughter, nitrogen excretion) and economic (return per pig space unit) results describing pig fattening in a Finnish farm. The analysis can be viewed as focusing on terminal line breeding goals. An integrated model using recursive stochastic dynamic programming and a biological pig growth model was used to estimate biophysical results and economic values. Combining these models allowed us to provide more accurate estimates for the value of genetic improvement and, thus, provide better feedback to animal breeding programs than the traditional approach, which is based on fixed management patterns. Besides the benchmark scenario, the results were simulated for 5 other scenarios. In each scenario, genotype was improved regarding daily growth potential, carcass lean meat content, or the parameters of the Gompertz growth curve (maturing rate [], adult weight of protein [α], and adult weight of lipid mass []). The change in each parameter was equal to approximately 1 SD genetic improvement (ceteris paribus). Increasing , , daily growth potential, or carcass lean meat content increased the return on pig space unit by €12.60, €7.60, €4.10, or €2.90 per year, respectively, whereas an increase in decreased the return by €3.10. The genetic improvement in and resulted in the highest decrease in nitrogen excretion calculated in total or per kilogram of carcass gain but only under the optimal feeding pattern. Simulated changes in the Gompertz growth function parameters imply greater changes in ADG and lean meat content than changes in scenarios focusing on improving ADG and lean meat content directly. The economic value of genetic improvements as well as the quantity of nitrogen excreted during the fattening

  9. Angiotensin-Converting Enzyme (ACE) 2 Overexpression Ameliorates Glomerular Injury in a Rat Model of Diabetic Nephropathy: A Comparison with ACE Inhibition

    Liu, Chun Xi; Hu, Qin; Yan WANG; Zhang, Wei; Ma, Zhi Yong; Feng, Jin Bo; Wang, Rong; Wang, Xu Ping; Dong, Bo; Gao, Fei; Zhang, Ming Xiang; Zhang, Yun

    2010-01-01

    The reduced expression of angiotensin-converting enzyme (ACE) 2 in the kidneys of animal models and patients with diabetes suggests ACE2 involvement in diabetic nephrology. To explore the renoprotective effects of ACE2 overexpression, ACE inhibition (ACEI) or both on diabetic nephropathy and the potential mechanisms involved, 50 Wistar rats were randomly divided into a normal group that received an injection of sodium citrate buffer and a diabetic model group that received an injection of 60 ...

  10. Aerosol physical properties and processes in the lower marine boundary layer: a comparison of shipboard sub-micron data from ACE-1 and ACE-2

    Bates, Timothy S.; Quinn, Patricia K.; Covert, David S.; Coffman, Derek J; Johnson, James E.; Wiedensohler, Alfred

    2011-01-01

    The goals of the IGAC Aerosol Characterization Experiments (ACE) are to determine and understand the properties and controlling processes of the aerosol in a globally representative range of natural and anthropogenically perturbed environments. ACE-1 was conducted in the remote marine atmosphere south of Australia while ACE-2 was conducted in the anthropogenically modified atmosphere of the Eastern North Atlantic. In-situ shipboard measurements from the RV Discoverer(ACE-1) and the RV Profess...

  11. Institutional Economics.

    Samuels, Warren J.

    1984-01-01

    Institutional economics remains a viable alternative approach to economics. It stresses power, technology, and a holistic and evolutionary approach while critiquing the neoclassical approach. General features of institutional economics are examined, and the work of institutionalists in specific areas is discussed. (RM)

  12. ACES: The ASCENDS CarbonHawk Experiment Simulator

    Obland, M. D.; Prasad, N. S.; Harrison, F. W.; Browell, E. V.; Ismail, S.; Dobler, J. T.; Moore, B.; Zaccheo, T.; Campbell, J.; Chen, S.; Cleckner, C. S.; DiJoseph, M.; Little, A.; Notari, A.; Refaat, T. F.; Rosenbaum, D.; Vanek, M. D.; Bender, J.; Braun, M.; Chavez-Pirson, A.; Neal, M.; Rayner, P. J.; Rosiewicz, A.; Shure, M.; Welch, W.

    2012-12-01

    development by Langley and Exelis of new algorithms for the avoidance of bias errors in the return signal induced by the presence of thin clouds. Coupled with the advanced detector performance, this effort seeks to significantly mitigate thin cloud effects on the retrieval. The laser transmitter development includes fabrication of high-efficiency fiber seed lasers, modulators, and amplifiers for sensing of both CO2 and O2. The 1.26 micron Master Oscillator Power Amplifier (MOPA) is meant to resonantly probe O2 using an Integrated-Path Differential Absorption Lidar (IPDA) approach similar to that of the CO2 transmitter. Wavelengths near 1.26 microns are not readily available from commercial off-the-shelf (COTS) lasers, and thus laser technology is being advanced in this area to demonstrate the performance necessary for a space payload. ACES leverages the Exelis Multi-function Fiber Laser Lidar instrument, which has previously flown on numerous test flights, to demonstrate the ACES technologies.

  13. Evaluation of ACE inhibitors lipophilicity using in silico and chromatographically obtained hydrophobicity parameters

    Odović Jadranka V.

    2013-01-01

    Full Text Available The aim of this study was to compare different calculation methods to determine lipophilicity, expressed as logP value, of seven ACE inhibitors (enalapril, quinapril, fosinopril, lisinopril, cilazapril, ramipril, and benazapril with significantly different structure. Experimentally determined n-octanol/water partition coefficients, logPO/W values, were obtained from relevant literature. The correlations between all collected logP values were studied and the best agreements between calculated logP and experimentally determined logPO/W values, were observed for KOWWINlogP or MilogP values (r = 0.999 or r = 0.974, respectively. The correlations between all collected logP values and chromatographically (reversed-phase thin-layer chromatography obtained hydrophobicity parameters, RM0 and C0, were established. The good correlations (r > 0.90 were obtained in the majority of relationships. The KOWWINlogP was established as the most suitable hydrophobicity parameter of investigated group of ACE inhibitors with r = 0.981 for correlation with RM0 and r = 0.977 for correlation with C0 parameters (water-methanol mobile phase. Using multiple linear regressions, it was established that application of two selected logP, calculated by different mathematical approaches, led to very good correlation due to the benefits of both calculation methods. The good relationships indicate that the computed logP, with careful selection of method calculation, can be useful in ACE inhibitors lipophilicity evaluation, as high-throughput screening technique.

  14. A risk-economic approach to nuclear power generation. Beyond the myth of absolute safety and unthinkable events

    This paper deals with a risk-economic approach to nuclear power generation, a very timely yet rather neglected area in the economics profession. The economic and psychological consequences of Japan's recent catastrophe have been so grave and wide-spread, thus calling for careful reexamination of the economics of risk and uncertainty. It is Daniel Bernoulli, a mathematical genius of the 18th century, who first introduced the expected utility theory into decision making under risk. Although a great deal of applications has been done in many areas since then, it appears that the most recent nuclear meltdown of Japan is casting serious doubt upon the general validity of existing risk theories. It is high time for us to establish a new comprehensive approach by taking account of psychological, sociological, cultural, and historical factors. (author)

  15. A modelling approach for the assessment of an air-dryer economic feasibility for small-scale biomass steam boilers

    De Fusco, Lucio; Jeanmart, Hervé; Blondeau, Julien

    2015-01-01

    Fuel drying is an energetically and economically expensive pretreatment process, which may not be worth the investment in the case of small-scale generation plants. This paper presents an investigation on the air dryer feasibility to enhance the operation of biomass steam boiler. In the proposed approach, the external drying technology using preheated air and the biomass steam production system is modelled in terms of energy and an economical analysis. A focus is given to the system size infl...

  16. Fiscal Policy, Institutions and Economic Growth in Asian Economies: Evidence from the Pedroni’s Cointegration Approach

    Hussin Abdullah; Muzafar Shah Habibullah; Ahmad Zubaidi Baharumshah

    2009-01-01

    This paper investigates the relationship between fiscal policy, institutions and economic growth in Asian between 1982 and 2001 through the application of Pedroni’s Cointegration approach. It examines three different channels through which fiscal policy can affect long run economic growth in Asia. The first channel is when components of fiscal policy affects the real per capita GDP and the second channel is when the institutions included in components of fiscal policy affects the real per cap...

  17. Technology and economic fluctuations in the US food sector (1958-2006): An empirical approach from a political economy perspective

    Theofanis Papageorgiou; Panayotis G. Michaelides; John G. Milios

    2011-01-01

    Purpose – The purpose of this paper is to deal with questions of instability and economic crises, deriving theoretical arguments from Marx's and Schumpeter's works and presenting relevant empirical evidence for the case of the US food manufacturing sector. Design/methodology/approach – The paper attempts to interpret the economic fluctuations in the US food sector and find causal relationships between the crucial variables dictated by Schumpeterian and Marxian theory, such as technological ch...

  18. A bio-economic application to the Cape Rock Lobster resource using a delay difference modelling approach

    E Roos

    2004-06-01

    Full Text Available In many species, like the Cape Rock Lobster (Jasus lalandii, the life cycles of males and females differ. This may motivate the use of two-sex models in a stock-assessment analysis. It is also true for this resource, that juveniles do not reach sexual maturity immediately. Therefore a delay-difference model is appropriate. In this study we follow a bio-economic approach and use a two-sex delay-difference model to determine a maximum economic yield strategy. Thus we determine an economic optimum steady state solution at which to harvest this resource subject to the biological constraints of the species.

  19. Integrated Approach for Improving Small Scale Market Oriented Dairy Systems in Pakistan: Economic Impact of Interventions

    A. Ghaffar

    2010-02-01

    Full Text Available The International Atomic Energy Agency (IAEA launched a Coordinated Research Program in 10 developing countries including Pakistan involving small scale market oriented dairy farmers to identify and prioritize the constraints and opportunities in the selected dairy farms, develop intervention strategies and assess the economic impact of the intervention. The interventions in animal health (control of mastitis at sub-clinical stage and reduction in calf mortality, nutrition (balanced feed reproduction (mineral supplementation, and general management (training of farmers were identified and implemented in a participatory approach at the selected dairy farms. The calf mortality was reduced from 35 to 13 percent up to the age of 3 months. Use of Alfa Deval post milking teat dips reduced the incidence of sub-clinical mastitis from 34 to 5% showing economical benefits of the interventions. Partial budget technique was used to analyze its impact in the registered herds. The farmers recorded monthly quantities of different feed ingredients and seasonal green fodder offered to the animals. From this data set total metabolizeable energy requirements and availability from feed were computed which revealed that animals were deficient in metabolizeable energy in all locations. This was also confirmed by seasonal variation in body condition scoring. At some selected farms the mineral mixture supplement was introduced which exhibited increased milk yield by 5 % in addition to shorten service period by 30 days. Three sessions of training were arranged to train the farmers to care new born calves, daily farm management and detect the animals in heat efficiently to enhance the over all income of the farmers. The overall income of the farm was increased by 40%.

  20. SOCIO-CULTURAL APPROACH TO THE COMPREHENSION OF ECONOMIC LIFE OF THE SOCIETY

    Uzlov, Yury

    2012-01-01

    The article elaborates some aspects from the economic history of the Russian society in terms of socio-cultural analysis. The author discusses possible ways of the country development under the conditions of globalization and the world economic crisis.

  1. Spatial implications of international trade under the new economic geography approach

    Ramírez Grajeda, Mauricio; de León Arias, Adrián

    2009-01-01

    In 2008, Paul Krugman from Princeton University was awarded the Nobel Prize in Economic Sciences by the Central Bank of Sweden, for his “analysis of trade patterns and location of economic activity”. In this paper we survey the literature, known as the New Economic Geography (NEG), launched by Krugman (1991). In particular, we focus on four topics: (i) NEG roots, (ii) NEG rationale; (ii) the spatial impact of international trade on global economic imbalances; and (iv) the impact of internatio...

  2. Rethinking of Economic Growth and Life Satisfaction in Post-WWII Japan--A Fresh Approach

    Kusago, Takayoshi

    2007-01-01

    Gross Domestic Product (GDP) has been utilized by academics and policy makers to indicate the economic well-being of the people. However, economic growth measures cannot capture fully the overall well-being of the people. This paper has tested quality of economic growth in Japan after World War II as to whether it has brought about positive…

  3. The Measurement of Economic, Social and Environmental Performance of Countries: A Novel Approach

    Cracolici, Maria Francesca; Cuffaro, Miranda; Nijkamp, Peter

    2010-01-01

    This paper presents a new analytical framework for assessing spatial disparities among countries. It takes for granted that the analysis of a country's performance cannot be limited solely to either economic or social factors. The aim of the paper is to combine relevant economic and "non-economic" (mainly social) aspects of a country's performance…

  4. Ecological Economics

    Martínez Alier, Joan

    2001-01-01

    Ecological economics is a relatively new interdisciplinary field concerned with the relationship between economic systems and the biological and physical world. This article covers the following topics: A discussion of views on whether ecological economics is just a field or approach within economics or a new ÒtransdisciplinaryÓ field in its own right; Origin of the name of the field; Core common principles of ecological economics; Comparison with environmental economics; Applications; Histor...

  5. The angiotensin-converting enzyme (ACE gene family of Anopheles gambiae

    Isaac R Elwyn

    2005-12-01

    Full Text Available Abstract Background Members of the M2 family of peptidases, related to mammalian angiotensin converting enzyme (ACE, play important roles in regulating a number of physiological processes. As more invertebrate genomes are sequenced, there is increasing evidence of a variety of M2 peptidase genes, even within a single species. The function of these ACE-like proteins is largely unknown. Sequencing of the A. gambiae genome has revealed a number of ACE-like genes but probable errors in the Ensembl annotation have left the number of ACE-like genes, and their structure, unclear. Results TBLASTN and sequence analysis of cDNAs revealed that the A. gambiae genome contains nine genes (AnoACE genes which code for proteins with similarity to mammalian ACE. Eight of these genes code for putative single domain enzymes similar to other insect ACEs described so far. AnoACE9, however, has several features in common with mammalian somatic ACE such as a two domain structure and a hydrophobic C terminus. Four of the AnoACE genes (2, 3, 7 and 9 were shown to be expressed at a variety of developmental stages. Expression of AnoACE3, AnoACE7 and AnoACE9 is induced by a blood meal, with AnoACE7 showing the largest (approximately 10-fold induction. Conclusion Genes coding for two-domain ACEs have arisen several times during the course of evolution suggesting a common selective advantage to having an ACE with two active-sites in tandem in a single protein. AnoACE7 belongs to a sub-group of insect ACEs which are likely to be membrane-bound and which have an unusual, conserved gene structure.

  6. Agriculture sector resource and environmental policy analysis: an economic and biophysical approach.

    House, R; McDowell, H; Peters, M; Heimlich, R

    1999-01-01

    Agricultural pollution of the environment is jointly determined by economic decisions driving land use, production practices, and stochastic biophysical processes associated with agricultural production, land and climate characteristics. It follows that environmental and economic statistics, traditionally collected independently of each other, offer little insight into non-point pollutant loadings. We argue that effective policy development would be facilitated by integrating environmental and economic data gathering, combined with simulation modelling linking economic and biophysical components. Integrated data collection links economics, land use, production methods and environmental loadings. An integrated economic/biophysical modelling framework facilitates policy analysis because monetary incentives to reduce pollution can be evaluated in the context of market costs and returns that influence land use and production activity. This allows prediction of environmental and economic outcomes from alternative policies to solve environmental problems. We highlight steps taken to merge economic and biophysical modelling for policy analysis within the Economic Research Service of the United States Department of Agriculture. An example analysis of a policy to reduce agricultural nitrogen pollution is presented, with the economic and environmental results illustrating the value of linked economic and biophysical analysis. PMID:10231835

  7. Final Report for Harvesting a New Wind Crop: Innovative Economic Approaches for Rural America

    Susan Innis; Randy Udall; Project Officer - Keith Bennett

    2005-09-30

    Final Report for ''Harvesting a New Wind Crop: Innovative Economic Approaches for Rural America'': This project, ''Harvesting a New Wind Crop'', helped stimulate wind development by rural electric cooperatives and municipal utilities in Colorado. To date most of the wind power development in the United States has been driven by large investor-owned utilities serving major metropolitan areas. To meet the 5% by 2020 goal of the Wind Powering America program the 2,000 municipal and 900 rural electric cooperatives in the country must get involved in wind power development. Public power typically serves rural and suburban areas and can play a role in revitalizing communities by tapping into the economic development potential of wind power. One barrier to the involvement of public power in wind development has been the perception that wind power is more expensive than other generation sources. This project focused on two ways to reduce the costs of wind power to make it more attractive to public power entities. The first way was to develop a revenue stream from the sale of green tags. By selling green tags to entities that voluntarily support wind power, rural coops and munis can effectively reduce their cost of wind power. Western Resource Advocates (WRA) and the Community Office for Resource Efficiency (CORE) worked with Lamar Light and Power and Arkansas River Power Authority to develop a strategy to use green tags to help finance their wind project. These utilities are now selling their green tags to Community Energy, Inc., an independent for-profit marketer who in turn sells the tags to consumers around Colorado. The Lamar tags allow the University of Colorado-Boulder, the City of Boulder, NREL and other businesses to support wind power development and make the claim that they are ''wind-powered''. This urban-rural partnership is an important development for the state of Colorado's rural communities

  8. ACE-2 HILLCLOUD. An overview of the ACE-2 ground-based cloud experiment

    Bower, B.K.N.; Choularton, T.W.; Gallagher, M.W.;

    2000-01-01

    excess over SO2 throughout the experiment). Occasions of significant aerosol growth following cloud processing were observed, particularly in cleaner cases. Observations and modelling suggested this was due mainly to the take up of nitric acid, hydrochloric acid and ammonia by the smallest activated......The ACE-2 HILLCLOUD experiment was carried out on the island of Tenerife in June-July 1997 to investigate the interaction of the boundary layer aerosol with a hill cap cloud forming over a ridge to the north-east of the island. The cloud was used as a natural flow through reactor to investigate the...... dependence of the cloud microphysics and chemistry on the characteristics of the aerosols and trace gases entering cloud, and to simultaneously study the influence of the physical and chemical processes occurring within the cloud on the size distribution, chemical and hygroscopic properties of the aerosol...

  9. ACE project Phases C and D: ACE/MCCI and MACE tests

    Programs of experiments and related analysis are underway at Argonne National Laboratory investigating the interaction of molten core material with concrete and its coolability. The major objectives are: (1) obtain data on fission product release during molten corium concrete interactions (MCCI); and (2) investigate the conditions for successful cooling and stabilization of core melt attacking the concrete basemat. The fission product release tests have been completed, and data analysis is in progress. The experiments will be analyzed by several groups to validate the various MCCI codes, e.g., CORCON and VANESA, WECHSL and MAAP-DECOMP. A scoping melt attach and coolability experiment (MACE) involving the addition of water atop an on-going MCCI has been performed. A facility to conduct larger scale tests is currently being constructed, and two addition tests are planned to be completed before the end of CY91. This paper describes the progress of the MCCI and the MACE testing programs in the ACE project

  10. TiO2 nanoparticles prepared without harmful organics: A biosafe and economical approach

    Shah, M.A.

    2011-06-01

    Growth of titanium oxide (TiO2) nanoparticles of varying size, ranging from 20-60 nms through a versatile and an economic route, is being reported. The approach is based on a simple reaction of titanium powder and De-Ionized (DI) water at ∼180 °C, without use of any harmful additives. Field Emission Scanning Electron Microscopy (FESEM) reveals the well defined morphology of nanoparticles, whereas X-ray Diffraction (XRD) studies reveal that the, as prepared, nanoparticles are in a mixed phase, with a dominance of a stable rutile phase. Since only water, which is regarded as a benign solvent, is used during the preparation of nanoparticles, we believe that the products so produced are biocompatible and bio-safe and can be readily used for medical applications. The biocompatibility tests are yet to be carried out and shall be reported in forthcoming publications. © 2011 Sharif University of Technology. Production and hosting by Elsevier B.V. All rights reserved.

  11. Environment degradation, economic growth and energy consumption nexus: A wavelet-windowed cross correlation approach

    Jammazi, Rania; Aloui, Chaker

    2015-10-01

    This paper analyzes the interactive linkages between carbon dioxide (CO2) emissions, energy consumption (EC) and economic growth (EG) using a novel approach namely wavelet windowed cross correlation (WWCC) for six oil-exporting countries from the GCC (Gulf Cooperation Council) region over the period 1980-2012. Our empirical results show that there exists a bidirectional causal relationship between EC and EG. However, the results support the occurrence of unidirectional causality from EC to CO2 emissions without any feedback effects, and there exists a bidirectional causal relationship between EG and CO2 emissions for the region as a whole. The study suggests that environmental and energy policies should recognize the differences in the nexus between EC and EG in order to maintain sustainable EG in the GCC region. Our findings will be useful for GCC countries to better evaluate its situation in the future climate negotiations. The overall findings will help GCC countries assess its position better in future climate change negotiations.

  12. MONOPOLY PROHIBITION ACCORDING TO ISLAMIC LAW: A LAW AND ECONOMICS APPROACH

    Arvie Johan

    2015-02-01

    Full Text Available Islamic law prohibits monopoly. The issue had arose since the advent of Islam, whereby it’s used as a strategy to maximize profit, has experienced rapid developments. This article assess the extent of Islamic law in prohibiting monopoly using law and economics approach. The result is that the exercise of caution shall apply in prohibiting monopoly. There are three steps needed in exercising the rule of caution: (1 defining monopoly as the absence of competition and lack of pricing options; (2 providing criteria of what causes monopoly in form of agreements between business competitors who can go against allocative efficiency effectively; and (3 direct the prohibition on monopoly towards agreement on explicit horizontal mergers and very large horizontal mergers which disregards quick mergers. Hukum Islam melarang monopoli. Isunya adalah sejak kedatangan Islam strategi pelaku usaha untuk memaksimalkan keuntungan telah berkembang pesat. Tulisan ini menentukan jangkauan hukum Islam untuk melarang monopoli dengan pendekatan hukum dan ekonomi. Hasilnya kehati-hatian dalam melarang monopoli. Tulisan menguraikan tiga langkah yang dibutuhkan: (1 memaknai monopoli sebagai ketidakhadiran persaingan dan ketiadaan pilihan harga; (2 memberikan kriteria monopoli berupa kesepakatan antar pelaku usaha pesaing yang mampu melawan efisiensi alokasi secara efektif; dan (3 mengarahkan larangan monopoli pada perjanjian horisontal eksplisit dan penggabungan berukuran besar. 

  13. Quantifying the Lunar Hydrogen Cycle: A Fast, Effective, and Economical CubeSat Approach

    Collier, M.; Adams, M. L.; Barabash, S.; Calhoun, P. C.; Clark, P. E.; Farrell, W. M.; Folta, D. C.; Halekas, J.; Haque, S. E.; Hurley, D. M.; Keidar, M.; Keller, J. W.; Killen, R. M.; Kletzing, C.; MacDowall, R. J.; Malphrus, B. K.; McNeil, R. R.; Vondrak, R. R.; Wieser, M.

    2015-10-01

    The Moon breathes hydrogen: solar wind protons and micro-meteoroids deliver hydrogen to the lunar surface at local rates that depend on surface composition, local topography, and the presence of structures such as magnetic anomalies. Because the lunar surface is generally saturated with hydrogen, the implanted hydrogen escapes the surface and forms the hydrogen exosphere through a variety of processes including sputtering, recoil, and diffusion - giving the surface an effective hydrogen "albedo." These processes can lead to hydrogen deposition into cold traps and the formation of OH, and possibly water, through chemical alteration of oxygen-bearing minerals. Exospheric hydrogen is reclaimed by the solar wind as picked-up photoions and chargeexchange products. The exact pathway for each of these processes remains unknown, especially at regional scales, and quantifying each of these processes in this "lunar hydrogen cycle" as a function of solar zenith angle and plasma and space environment will lead to a unified understanding of the plasma, exospheric, and geologic Moon. CubeSats provide a fast, effective, and economical approach to quantifying the currently unknown parameters in the lunar hydrogen cycle.

  14. Large-scale 3-D seismic surveys in Gulf of Mexico - economic approach to exploration

    Graebner, R.J.

    1987-05-01

    Three-dimensional seismic surveys, designed to meet exploration requirements, were conducted in 465 OCS blocks in the Gulf of Mexico, primarily in the deep-water Flexure trend. The geology is very complex, with both salt-induced structures and structures similar to the Rocky Mountain Overthrust belt. To avoid the prohibitive costs in collecting 3-D seismic data at a spatial sample rate required to image the wide range of dips, interpolation methods, based on pattern recognition techniques, were used with a relatively sparsely sampled data collection grid. Within limits, the method is capable of interpolating both crossing and aliased seismic events. The economic impact of this approach is significant because it essentially reduces the cost of 3-D acquisition to the level normally associated with detailed 2-D surveying. However, the familiar benefits of 3-D migration are retained. Using interactive interpretation systems, the results are presented as a comprehensive series of time and event amplitude maps for structural and preliminary stratigraphic mapping. Regional amplitude maps illustrate a combination of structural, stratigraphic, and other geologic phenomena. In addition to conventional structural mapping, the 3-D data may be used to assist in understanding the salt growth history, especially its effect on sedimentation and hydrocarbon potential. It may provide a significant link between regional geology work and the detailed analysis required to develop drillable prospects.

  15. A modified differential evolution approach for dynamic economic dispatch with valve-point effects

    Dynamic economic dispatch (DED) plays an important role in power system operation, which is a complicated non-linear constrained optimization problem. It has nonsmooth and nonconvex characteristic when generation unit valve-point effects are taken into account. This paper proposes a modified differential evolution approach (MDE) to solve DED problem with valve-point effects. In the proposed MDE method, feasibility-based selection comparison techniques and heuristic search rules are devised to handle constraints effectively. In contrast to the penalty function method, the constraints-handling method does not require penalty factors or any extra parameters and can guide the population to the feasible region quickly. Especially, it can be satisfied equality constraints of DED problem precisely. Moreover, the effects of two crucial parameters on the performance of the MDE for DED problem are studied as well. The feasibility and effectiveness of the proposed method is demonstrated for application example and the test results are compared with those of other methods reported in literature. It is shown that the proposed method is capable of yielding higher quality solutions

  16. Advanced Colloids Experiment (ACE) Science Overview

    Meyer, William V.; Sicker, Ronald J.; Chiaramonte, Francis P.; Luna, Unique J.; Chaiken, Paul M.; Hollingsworth, Andrew; Secanna, Stefano; Weitz, David; Lu, Peter; Yodh, Arjun; Yunker, Peter; Lohr, Matthew; Gratale, Matthew; Lynch, Matthew; Kodger, Thomas; Piazza, Roberto; Buzzaccaro, Stefano; Cipelletti, Luca; Schall, Peter; Veen, Sandra; Wegdam, Gerhard; Lee, Chand-Soo; Choi, Chang-Hyung; Paul, Anna-Lisa; Ferl, Robert J.; Cohen, Jacob

    2013-01-01

    accessible with the availability of the Light Microscopy Module (LMM) on ISS. To meet these goals, the ACE experiment is being built-up in stages, with the availability of confocal microscopy being the ultimate objective. Supported by NASAs Physical Sciences Research Program, ESAESTEC, and the authors respective governments.

  17. Why had the Money Market Approach been irrelevant in explaining inflation in Azerbaijan during the rapid economic growth period?

    Fakhri, Hasanov; Khudayar, Hasanli

    2011-01-01

    The study examines whether inflation process can be explained within the framework of the Money Market Approach in the third stage of economic development of Azerbaijan economy covering 2004-2008. By employing dynamic modeling study concludes that the Money Market Approach has not been relevant for explaining Azerbaijani inflation. Because Azerbaijan, a resource rich small open economy in transition processes, has some stylized facts which are important to take into account in the analysis of...

  18. An LP-SAM Approach for Examining Regional Economic Impacts: An Application to Wildfire Disasters in Southeast Oregon

    Man-Keun Kim; Ertqian Zhu; Harris, Thomas R.; Jonathan E. Alevy

    2012-01-01

    Assessment of regional economic impacts can be accomplished using either an input-output analysis or a social accounting matrix (SAM) analysis. While these approaches can generate important insights, they have significant limitations for some cases, e.g., the event of the need to reallocate limited resources such as land, labor, etc., because they do not include a complete set of decision makers’ activities and managerial options. This study develops a flexible approach to link the firm lev...

  19. Assessment of socio-economic functions of tropical lowland transformation systems in Indonesia - sampling framework and methodological approach

    Faust, Heiko; Schwarze, Stefan; Beckert, Barbara; Brümmer, Bernhard, 1969-; Dittrich, Christoph; Euler, Michael; Gatto, Marcel; Hauser-Schäublin, Brigitta; Hein, J.; Holtkamp, Anna Mareike; Ibanez-Diaz, Marcela; Klasen, Stephan; Kopp, Thomas; Krishna, Vijesh; Kunz, Y.

    2013-01-01

    EFForTS is a collaborative research center (CRC) which focuses on Ecological and socioeconomic Functions of Tropical Lowland Rainforest Transformation Systems in Sumatra,Indonesia. The paper presents the common sampling frame of the socio economic sub-projects.The investigations and data collections intertwine and complement one another. Thus themethodological approach reflects the idea of an interdisciplinary and integrative research approach. Lead by hypotheses we structured our sampling pr...

  20. ACE INHIBITORS ARE RATIONAL PHARMACOTHERAPY OF ENDOTHELIAL DYSFUNCTION

    M. P. Metrova

    2008-01-01

    Full Text Available Aim. To study effects of ACE inhibitor perindopril on markers of endothelial dysfunction in therapy of patients with arterial hypertension (HT.Material and methods. 82 patients with HT, complicated by ischemic stroke were involved in the study. 30 patients with uncomplicated HT were included into control group. Antihypertensive therapy with perindopril (52 patients or amlodipine (30 patients was conducted additionally to standard neurotropic therapy in hypertensive patients with ischemic stroke. Phase-contrast microscopy and enzyme immunoassay were used for screening of endothelial dysfunction markers (blebbing, desquamated endothelial cells, membrane-liberated parts, sPECAM-1.Results. Reduction in levels of markers of endothelial dysfunction was observed among patients treated with perindopril in comparison with patients who did not receive ACE inhibitor or patients of control group. Target levels of blood pressure were reached in 96% of patients treated with perindopril. Сonclusion. ACE inhibitors in therapy patients with HT reduce endothelial dysfunction additionally to antihypertensive effect.

  1. ACE inhibition, ACE2 and angiotensin-(1-7) axis in kidney and cardiac inflammation and fibrosis.

    Simões E Silva, Ana Cristina; Teixeira, Mauro Martins

    2016-05-01

    The Renin Angiotensin System (RAS) is a pivotal physiological regulator of heart and kidney homeostasis, but also plays an important role in the pathophysiology of heart and kidney diseases. Recently, new components of the RAS have been discovered, including angiotensin converting enzyme 2 (ACE2), Angiotensin(Ang)-(1-7), Mas receptor, Ang-(1-9) and Alamandine. These new components of RAS are formed by the hydrolysis of Ang I and Ang II and, in general, counteract the effects of Ang II. In experimental models of heart and renal diseases, Ang-(1-7), Ang-(1-9) and Alamandine produced vasodilation, inhibition of cell growth, anti-thrombotic, anti-inflammatory and anti-fibrotic effects. Recent pharmacological strategies have been proposed to potentiate the effects or to enhance the formation of Ang-(1-7) and Ang-(1-9), including ACE2 activators, Ang-(1-7) in hydroxypropyl β-cyclodextrin, cyclized form of Ang-(1-7) and nonpeptide synthetic Mas receptor agonists. Here, we review the role and effects of ACE2, ACE2 activators, Ang-(1-7) and synthetic Mas receptor agonists in the control of inflammation and fibrosis in cardiovascular and renal diseases and as counter-regulators of the ACE-Ang II-AT1 axis. We briefly comment on the therapeutic potential of the novel members of RAS, Ang-(1-9) and alamandine, and the interactions between classical RAS inhibitors and new players in heart and kidney diseases. PMID:26995300

  2. Development and Climate Change: A Mainstreaming Approach for Assessing Economic, Social, and Environmental Impacts of Adaptation Measures

    Halsnæs, Kirsten; Trærup, Sara Lærke Meltofte

    2009-01-01

    representatives of focal development policy objectives, and a stepwise approach for addressing climate change impacts, development linkages, and the economic, social and environmental dimensions related to vulnerability and adaptation are introduced. Within this context it is illustrated using three case studies...

  3. Economic Policy Instruments and Evaluation Methods in Dutch Water Management: An analysis of their contribution to an integrated approach

    S.P. Boot (Sander Paul)

    2007-01-01

    textabstractIn international water policy, a trend can be observed towards more attention for economic approaches in water management. In 1992, at the International Conference on Water and the Environment (ICWE) in Dublin, the Convention on the Protection and Use of Transboundary Water Courses and I

  4. Time and Causality in the Economic Process – a Critical Approach Based on Consistency Criteria

    Cristina TĂNĂSESCU

    2011-01-01

    Full Text Available Our paper proposes a critical analysis based on criteria of consistency of the fundamental concepts underlying the comprehensive description of economic process, namely: time, context and causality. Issues of such action taken by us arise from the existence of the fact that the emergence of new paradigms, amid an economic complexity, should include elements of theoretical, instrumental and methodological nature. Moreover, dominant economic science, at this time (positivist, is subject to an epistemological imperialism exercised by Newtonian mechanics, without one's own epistemology. Regarding the underlying causality explaining the economic process, we find that, yet at this time, it is a singular and efficient one (in the Aristotelian sense, but not a teleological one, so we wonder whether the final causality (purpose form may better explain the economic process and his completeness, and in this sense, the shaping of new paradigms based on premises other than those already existed, in understanding the economic process.

  5. Neumannian Economy in Multi-agent Approach. Investigation of Stability and Instability in Economic Growth

    Katalin Martinas

    2004-01-01

    Axiomatic foundation of non-equilibrium microeconomics is outlined. The economic activity is modelled as transformation and transport of commodities (materials) owned by the agents. Rate of transformations (production intensity), and the rate of transport (trade) are defined by the agents. Economic decision rules are derived from the observed economic behaviour. The non-linear equations are solved numerically for the Neumannian economy. The emergence of the equilibrium market structure app...

  6. Crime and economic conditions in Malaysia: An ARDL Bounds Testing Approach

    Habibullah, M.S.; Baharom, A.H.

    2008-01-01

    Economists recognized that economic conditions have an impact on crime activities. In this study we employed the Autoregressive Distributed Lag (ARDL) bounds testing procedure to analyze the impact of economic conditions on various categories of criminal activities in Malaysia for the period 1973-2003. Real gross national product was used as proxy for economic conditions in Malaysia. Our results indicate that murder, armed robbery, rape, assault, daylight burglary and motorcycle theft exhibit...

  7. Economic Efficiency Of Fadama Telfairia Production In Imo State Nigeria: A Translog Profit Function Approach

    Nwachukwu, Ifeanyi Ndubuto; Onyenweaku, Chris E.

    2007-01-01

    The study delved into economic efficiency analysis of Fadama Telfairia farmers in Imo State, Nigeria. Specifically, it identified the production systems; estimated the economic efficiency and their determinants. A multistage random sampling technique was adopted in the selection of 40 Fadama Telfairia farmers from each of the three agricultural zones of the State. A well-structured questionnaire was used to obtain information on socio - economic characteristics and other relevant variables. ...

  8. Online solving of economic dispatch problem using neural network approach and comparing it with classical method

    In this study, two methods for solving economic dispatch problems, namely Hopfield neural network and lambda iteration method are compared. Three sample of power system with 3, 6 and 20 units have been considered. The time required for CPU, for solving economic dispatch of these two systems has been calculated. It has been Shown that for on-line economic dispatch, Hopfield neural network is more efficient and the time required for Convergence is considerably smaller compared to classical methods. (author)

  9. NEUMANNIAN ECONOMY IN MULTI-AGENT APPROACH. INVESTIGATION OF STABILITY AND INSTABILITY IN ECONOMIC GROWTH

    Katalin Martinas

    2004-06-01

    Full Text Available Axiomatic foundation of non-equilibrium microeconomics is outlined. The economic activity is modelled as transformation and transport of commodities (materials owned by the agents. Rate of transformations (production intensity, and the rate of transport (trade are defined by the agents. Economic decision rules are derived from the observed economic behaviour. The non-linear equations are solved numerically for the Neumannian economy. The emergence of the equilibrium market structure appears as an order out of chaos process.

  10. Taxes and Economic Growth in Developing Countries : A Dynamic Panel Approach

    NANTOB, N'Yilimon

    2014-01-01

    This paper looks at the effects of taxes increase on economic growth of 47 developing countries. In developing countries, there is no magic tax strategy to encourage economic growth. Some countries with high tax burdens have high growth rates and some countries with low tax burdens have low growth rates. Despite much theoretical and empirical inquiry as well as political and policy controversy, no simple answer exists concerning the relationship of taxes on economic growth in developing count...

  11. Carrying capacity an approaching procedure to the economic value of natural patrimony

    This study demonstrates a new alternative method for valorizing the natural heritage of various economically and environmentally important ecosystems. It was conducted in the Piedras Blancas, Antioquia watershed and considered the degree of conservation of the area and its capacity for supporting humans, by means of extractive economic activities. In this way the ecosystem itself provides a natural offer of goods and services and therefore a good approximation of its economic value

  12. The Measurement of Convergence of Economic Freedoms with Haldane-Hall Approach

    AKINCI, Merter; YÜCE AKINCI, Gönül; Yilmaz, Ömer

    2014-01-01

    One of the most important developments in the last thirty years is the expansion of liberal economic thought and policies in terms of accelerating globalization movements. Libertarian movements the scope of which has been extended with regards to economics and especially neo-liberal movements became an irreplaceable element of social set-up and their economic liberation formed the main core of the developments of macroeconomics with the aim of increasing the welfare level. In this study, ther...

  13. Integrated Approach To The Analysis Of The Quality Of Socio-Economic Regional Development Governance

    Roman Michailovich Kachalov

    2014-12-01

    Full Text Available Prospects of the methods of the analysis and improvement of quality of governance the socio-economic systems application, based conceptual provisions of the system theory of economics, multilevel stratification of the economic space and the operational economical risk management theory are considered. For mesoeconomics, the types of system resources of the economy are defined. Also, it is analyses the influence on the quality of governance socio-economic region development the disparity of different types of system economical resources. Potential possibilities of the improvement of quality of governance due to thinner stratification of economical space and improvement the interaction parameters of the main actors of regional economic space are revealed. Leaning on the operational theory of risk management, ways of justification of administrative, strategic decisions by identification of the relevant economic risk factors and on the basis of received information development the program of anti-risk measures are offered. The methodical solutions promoting successful introduction of considered tools in practice of regional government are proposed.

  14. The Synthetic Strategy toward of ACE-Inhibitors

    CHANG; ChingYao

    2001-01-01

    Angiotensin II is an important octapeptide which is responsible for the increase in blood pressure in three major mechanisms. It acts as a hormone to attack the receptor on the blood vessels, which cause strong vasoconstriction. It is also the major stimulus for release another hormone, aldolsterone, which promote the excretion of potassium ion and retention of sodium and waster. Both of the above effects increase the blood pressure. On the other hand, ACE (Angiotensin Converting Enzyme) catalyzes the hydrolysis of bradykinin that is a potent vasodilator. Therefore, the inhibitor of ACE can act as an efficient anti-hypertensive agent through multiple routes.  ……

  15. The Synthetic Strategy toward of ACE-Inhibitors

    2001-01-01

    @@ Angiotensin II is an important octapeptide which is responsible for the increase in blood pressure in three major mechanisms. It acts as a hormone to attack the receptor on the blood vessels, which cause strong vasoconstriction. It is also the major stimulus for release another hormone, aldolsterone, which promote the excretion of potassium ion and retention of sodium and waster. Both of the above effects increase the blood pressure. On the other hand, ACE (Angiotensin Converting Enzyme) catalyzes the hydrolysis of bradykinin that is a potent vasodilator. Therefore, the inhibitor of ACE can act as an efficient anti-hypertensive agent through multiple routes.

  16. Performance Enhancement of the Automated Concrete Evaluation System (ACES)

    Baumgart,C.W.; Cave,S.P.; Linder,K.E.

    2002-02-14

    The objective of this proposed research is to improve and expand the detection and analysis capabilities of the automated, concrete evaluation (ACE) system. MoDOT and Honeywell jointly developed this system. The focus of this proposed research will be on the following: Coordination of concrete imaging efforts with other states, Validation and testing of the ACE system on a broad range of concrete samples, and Identification and development of software and hardware enhancements. These enhancements will meet the needs of diverse users in the field of concrete materials, construction, and research.

  17. Performance Enhancement of the Automated Concrete Evaluation System (ACES)

    The objective of this proposed research is to improve and expand the detection and analysis capabilities of the automated, concrete evaluation (ACE) system. MoDOT and Honeywell jointly developed this system. The focus of this proposed research will be on the following: Coordination of concrete imaging efforts with other states, Validation and testing of the ACE system on a broad range of concrete samples, and Identification and development of software and hardware enhancements. These enhancements will meet the needs of diverse users in the field of concrete materials, construction, and research

  18. Estimating Potential GDP for the Romanian Economy and Assessing the Sustainability of Economic Growth: A Multivariate Filter Approach

    Dan Armeanu

    2015-03-01

    Full Text Available In the current context of economic recovery and rebalancing, the necessity of modelling and estimating the potential output and output gap emerges in order to assess the quality and sustainability of economic growth, the monetary and fiscal policies, as well as the impact of business cycles. Despite the importance of potential GDP and the output gap, there are difficulties in reliably estimating them, as many of the models proposed in the economic literature are calibrated for developed economies and are based on complex macroeconomic relationships and a long history of robust data, while emerging economies exhibit high volatility. The object of this study is to develop a model in order to estimate the potential GDP and output gap and to assess the sustainability of projected growth using a multivariate filter approach. This trend estimation technique is the newest approach proposed by the economic literature and has gained wide acceptance with researchers and practitioners alike, while also being used by the IMF for Romania. The paper will be structured as follows. We first discuss the theoretical background of the model. The second section focuses on an analysis of the Romanian economy for the 1995–2013 time frame, while also providing a forecast for 2014–2017 and an assessment of the sustainability of Romania’s economic growth. The third section sums up the results and concludes.

  19. Organizational and economic bases of logistic approach usage in the management of national education system

    Eu.V. Mishenin

    2015-12-01

    Full Text Available The aim of the article. The article highlights the lack of effectiveness of existing system of education management in Ukraine from its basic function performance – to satisfy the needs of social and economic system of human resources, according to the required quantity, quality, educational culture, right place and time with the lowest public costs. The results of the analysis. The article is focused on the forming of organizational and economic bases of the use of logistic approach in the management of education system. Logistic approach is considered as an instrument to ensure the optimal parameters of education system functioning and development in accordance with the needs of society (employers, learners with minimal public costs. It is pointed out the need to create organizational and managerial mechanisms of active integrative interaction, both between educational institutions and employers, between educational institutions of various levels of educational system in order to improve the functioning of educational institutions and the education system as a whole. It is grounded the necessity of accentuation of social-labor flow as the main object of logistical management in education. It is proposed to consider national education system as a logistic chain. It includes all structural elements of the educational system, the parties of the education system control and employers, which are involved in formation and movement of social labor flow. It is stated that they must be considered as constituting single integrated logistic chain of forming the competitive human and intellectual capital. Its functioning requires the implementation of procedures of external and intra-evaluation of social labor flow parameters and their conformity to the needed. Among the evaluation tools the psychological-pedagogical diagnostics is highlighted. It is grounded the need to analyze total costs in order to optimize the social labor flow movement. They

  20. Relationship between crimes and economic conditions in Pakistan: a time series approach

    Raja, Mohsin Gulzar; Ullah, Kafait

    2013-01-01

    Using the time series data from 1990-2011, this paper is an attempt to explore the relationship between economic conditions and criminal activities in Pakistan. Three variables are being used for economic conditions like increasing female employment in labor market, CPI which denotes inflation and i

  1. Economically optimal timing for crop disease control under uncertainty: an options approach

    Ndeffo Mbah, M.L.; Forster, G.; Wesseler, J.H.H.; Gilligan, C.A.

    2010-01-01

    Severe large-scale disease and pest infestations in agricultural regions can cause significant economic damage. Understanding if and when disease control measures should be taken in the presence of risk and uncertainty is a key issue. We develop a framework to examine the economically optimal timing

  2. Engaging Health Professionals in Health Economics: A Human Capital Informed Approach for Adults Learning Online

    Lieberthal, Robert D.; Leon, Juan

    2015-01-01

    The authors describe a Wikipedia-based project designed for a graduate course introducing health economics to experienced healthcare professionals. The project allows such students to successfully write articles on niche topics in rapidly evolving health economics subspecialties. These students are given the opportunity to publish their completed…

  3. The application of new economic and ecological approaches to energetics in Czechoslovakia

    Orientation on local low-grade coal and nuclear sources also for heat supply, with which the construction of large heating systems and heat transport on large distances is connected, these are specific features of energy economy in Czechoslovakia. The development programme is challenging in economic respect, it causes numerous ecological problems, as well as those connected with coverage of variable loads. In case of additional construction at a later date many problems appear requiring differentiated approach that depends on concrete conditions. In the paper there are described possibilities and conditions of heat accumulation in feed water, in gravity accumulators at very quick changes of output, the accumulation systems involving steam release facilities and heat accumulation in heat conducting systems. Also the manufacture of heat generating equipment has an important role to play. There are given the outlines of construction of hot water accumulators. Specific conditions of the Czechoslovak energy economy also include the problem of efficient combustion of low-grade coal with a high sulfur content. In this connection it is especially the fluidized bed combustion that is under consideration. This combustion process can be run by clinkering of ash particles or a klinkerless process can be used. The combustion process can be either single-stage or double-stage. All these combustion methods are used in boilers made in Czechoslovakia. In the paper two types of boilers are described: the boiler with cooled fluidized bed and the fluidized bed reactor installed in front of a powdered coal fired boiler. There is briefly outlined the experience obtained from the operation of these boilers

  4. Effects of oil production on economic growth in Eurasian countries: Panel ARDL approach

    This study aims at analyzing the relationship between oil production and economic growth in major oil exporting Eurasian countries; Azerbaijan, Kazakhstan, Russian Federation and Turkmenistan for 1993–2010 periods. Empirical results reveal that oil production and economic growth are cointegrated for these countries. Furthermore, there is positive bi-directional causality between oil production and economic growth both in the long run and in the short run which supports the policies about investing in energy infrastructure. -- Highlights: ► Causality between economic growth and oil production is important for energy policies. ► Oil production and GDP are cointegrated for four oil exporting Eurasian countries. ► There is positive bi-directional causality between oil production and economic growth for these countries.

  5. Methodological Challenges to Economic Evaluations of Vaccines: Is a Common Approach Still Possible?

    Jit, Mark; Hutubessy, Raymond

    2016-06-01

    Economic evaluation of vaccination is a key tool to inform effective spending on vaccines. However, many evaluations have been criticised for failing to capture features of vaccines which are relevant to decision makers. These include broader societal benefits (such as improved educational achievement, economic growth and political stability), reduced health disparities, medical innovation, reduced hospital beds pressures, greater peace of mind and synergies in economic benefits with non-vaccine interventions. Also, the fiscal implications of vaccination programmes are not always made explicit. Alternative methodological frameworks have been proposed to better capture these benefits. However, any broadening of the methodology for economic evaluation must also involve evaluations of non-vaccine interventions, and hence may not always benefit vaccines given a fixed health-care budget. The scope of an economic evaluation must consider the budget from which vaccines are funded, and the decision-maker's stated aims for that spending to achieve. PMID:26832145

  6. A Crucial Role in Fertility for the Oyster Angiotensin-Converting Enzyme Orthologue CgACE

    Riviere, Guillaume; Fellous, Alexandre; Franco, Alban; Bernay, Benoit; Favrel, Pascal

    2011-01-01

    Angiotensin-converting enzyme (ACE) is a highly conserved metallopeptidase. In mammals, the somatic isoform governs blood pressure whereas the germinal isoform (tACE) is required for fertility. In Ecdysozoans, ACE-like enzymes are implicated in reproduction. Despite ACE orthologues being present from bacteria to humans, their function(s) remain(s) unknown in distant organisms such as Lophotrochozoans. In silico analysis of an oyster (Crassostrea gigas) EST library suggested the presence of an...

  7. Production of Vibrio cholerae accessory cholera enterotoxin (Ace) in the yeast Pichia pastoris.

    Trucksis, M; Conn, T L; Fasano, A; Kaper, J B

    1997-01-01

    Accessory cholera enterotoxin (Ace) is a recently identified toxin of Vibrio cholerae. Preliminary studies using crude toxin extracts in animal models indicate that Ace increases transcellular ion transport, which is proposed to contribute to diarrhea in cholera. The lack of purified toxin has hindered elucidation of the mechanism of action of Ace. In this study, ace was cloned and was expressed in and secreted by the methylotrophic yeast Pichia pastoris. Secreted toxin constituted 50% of the...

  8. Oil and Gas Resources for Sub Saharan African Economic Development: Which One is the Best Approach? The Case of the Selected Approaches in Oil and Gas Industry

    Riziki M. Nyello

    2015-02-01

    Full Text Available The Oil and Gas Sector in Africa is growing so fast due to the new discovery of Oil and Gas reserves and therefore attract the huge amount of Foreign Direct Investment (FDI. Considering its role in the African economy, several approaches both local and foreign have been introduced; however the anticipated economic benefits have not yet been realized. The study therefore focused on assessing the effectiveness of the selected approaches that were designed to ensure the economic benefits of oil and gas resources reach to the African local population, particularly the poor ones. The study surveyed various literatures to draw its conclusion. It was realized that the selected approaches have failed to ensure that Oil and Gas resources produce the anticipated economic benefits to the local African population. Among others, it was recommended that the approaches should be improved in order to promote the linkage between Oil and Gas Extractive firms and Small and Medium Enterprises. Additionally, they should be enforceable by law in order to ensure legal commitment among African governments and Oil and Gas Extractive firms to the local population.

  9. Safety of ACE inhibitor therapies in patients with chronic kidney disease

    Sidorenkov, Grigory; Navis, Gerjan

    2014-01-01

    Introduction: ACE inhibitors are first-line therapy in patients with chronic kidney disease (CKD). The main adverse effects of ACE inhibitors are hypotension, renal function impairment and hyperkalemia. Areas covered: This paper reviews evidence from clinical studies regarding adverse effects of ACE

  10. Dosing of ACE inhibitors in left ventricular dysfunction : Does current clinical dosing provide optimal benefit?

    Pinto, YM; van Geel, PP; Alkfaji, H; van Veldhuisen, DJ; van Gilst, WH

    1999-01-01

    In the present review, we discuss the role of clinical dosing of angiotensin converting enzyme (ACE) inhibitors in the treatment of left ventricular dysfunction. Although the precise mechanism of action of ACE inhibitors is still unresolved, the clinical efficacy of ACE inhibitors in the treatment o

  11. Cricothyroidotomy in a angiotensin-converting enzyme (ACE Inhibitor tongue´s angioedema.

    Acle-Cervera L, Morales-Angulo C, García-Zornoza R, Rubio Suárez A

    2013-01-01

    Full Text Available Hereditary angioedema by inhibitors of Angiotensin Converting Enzyme(ACE is a very rare disorder. It usually affects the upper airway mucosa andproduce rapidly evolving acute exacerbations requiring urgent treatment.We repost the case of a patient being treated with ACE inhibitors and anreview of prevalence, pathophysiology and management of angioedemawith ACE inhibitors for treatment and the latest treatments.

  12. 21 CFR 862.1090 - Angiotensin converting enzyme (A.C.E.) test system.

    2010-04-01

    ... 21 Food and Drugs 8 2010-04-01 2010-04-01 false Angiotensin converting enzyme (A.C.E.) test system... Test Systems § 862.1090 Angiotensin converting enzyme (A.C.E.) test system. (a) Identification. An angiotensin converting enzyme (A.C.E.) test system is a device intended to measure the activity of...

  13. A Critical Perspective on the Doctrinal Approaches Regarding the Economic Crises

    Adina Dornean

    2012-05-01

    Full Text Available The aim of the present paper is to analyze comparatively the main economic theories regarding theeconomic crises, including the premises for starting the present financial and economic vulnerabilities onnational and international level. On ideological level, the present global financial and economic crisis, similarto the other ones throughout history, initiated an intellectual debate among several applicable theories: AdamSmith’s “invisible hand” liberal theory, Keynes’s state interventionism theory and even neo-Marxist theories.The issue of the economic cycle and the crisis is a very complex one that cannot be analyzed and explained ina few pages, because talking about the crisis and the economic cycle supposes an analysis of all aspects of themarket economy. Thus, we try to found out which of these theories best explain the economic cycles andcrises and we believe that the Great Depression of ‘29-‘33 confirmed to a great extent the “Austrian” theoryof the economic cycle.

  14. NEW DOMINANT ECONOMIC LOGIC AND ITS IMPACT ON EUROPEAN LEVEL. AN ECONOMETRIC APPROACH

    Isabella-Cristiana, SIMA

    2013-12-01

    Full Text Available The world is changing; a new dominant economic logic appears. What we can see now is that this change doesn’t seem to come from economic leaders, it comes from emergent economies like BRICS Group or the “4 Asian Tigers”. The European Union economic links with those groups are more and more obvious, so this thesis wants to be an analysis of how those dominant logical changes influence the European Union economy. In this way, we made an analysis of statistic dates and an econometric analysis using multiple regressions.

  15. The antiproteinuric effect of ace inhibition in renal disease

    Heeg, J.E.

    1992-01-01

    In 1985 some studies were published showing that angiotensin converting enzyme (ACE) inhibition not only reduced the elevated blood pressure in animals with chronic renal failure (experimentally induced by renal ablation or by induced diabetic nephropathy), but also prevented the development of glom

  16. Compliance, Persistence, and Switching Patterns for ACE Inhibitors and ARBs

    Vegter, S.; Nguyen, N.H.; Visser, S.T.; de Jong-van den Berg, LTW; Postma, M.J.; Boersma, C.

    2011-01-01

    Objectives: To investigate compliance, persistence, and switching patterns for angiotensin-converting enzyme (ACE) inhibitors and angiotensin receptor blockers (ARBs). Study Design: Drug-utilization analysis using a large prescription database. Methods: Prescription data for more than 50,000 inciden

  17. Applying computationally efficient schemes for biogeochemical cycles (ACES4BGC)

    Vertenstein, Mariana [Univ. Corporation For Atmospheric Research, Boulder, CO (United States)

    2016-01-11

    NCAR contributed to the ACES4BGC project through software engineering work on aerosol model implementation, build system and script changes, coupler enhancements for biogeochemical tracers, improvements to the Community Land Model (CLM) code and testing infrastructure, and coordinating and integrating code changes from the various project participants.

  18. ACE: accurate correction of errors using K-mer tries

    Sheikhizadeh Anari, S.; Ridder, de D.

    2015-01-01

    The quality of high-throughput next-generation sequencing data significantly influences the performance and memory consumption of assembly and mapping algorithms. The most ubiquitous platform, Illumina, mainly suffers from substitution errors. We have developed a tool, ACE, based on K-mer tries to c

  19. Development of Antennas for Subsurface Radars within ACE

    Yarovoy, Alexander; Meincke, Peter; Dauvignac, Jean-Yves; Craddock, Ian; Sarri, Antonio; Huang, Yi

    The paper gives an overview of the joint activities of the ACE-2 partners in the area of antennas for surface penetrating radar. Main areas of joint research and development are discussed and main results of joint activities are presented. Special attention is given to experimental verification of...

  20. Economic evaluations of pharmacogenetic approaches in infectious diseases: a review of current approaches and evaluation of critical aspects affecting their quality

    Paolo Meoni

    2013-11-01

    Full Text Available Pharmacogenetics holds great potential for improving the effectiveness of treatment modalities in infectious diseases by taking into account the genetic determinants of both the host and infectious agents’ individuality. Better utilization of resources and improved therapeutic efficiency are the expected outcomes of personalized medicine using pharmacogenetic and pharmacogenomics information made available by technological advances. However, there has been growing concern in the clinical community regarding the evaluation of the true benefits of these approaches. This perception is partly due to the limited number and perceived poor quality of economic evaluations in this field, and initiatives aimed at harmonizing and communicating strategies improving the quality of these studies and their acceptance by the clinical community are greatly needed. This paper reviews current literature of economic evaluations of pharmacogenetics interventions guiding pharmacotherapy in infectious diseases. PubMed and the NHS Centre for Reviews and Dissemination databases were searched using a combination of five broad research terms related to pharmacogenetic approaches, and papers relative to economic evaluations of pharmacogenetic interventions in infectious diseases retained for further analysis. Using these criteria, a total of 14 papers were included in this review. The area of economic evaluation of pharmacogenetic interventions in infectious diseases remains understudied and would benefit from greater harmonization. The main weaknesses of evaluations reviewed in this paper seem to be represented by poor evidence of pharmacogenetic marker validation, inconsistencies in the selection of costs and utility included in the economic models and the choice of sensitivity analysis. All these factors limit the overall transparency of the studies, greater acceptance of their results and applicability to diverse and possibly resourcelimited environments where these

  1. Remittance and economic development: Evidence from Bangladesh using unrestricted error correction model and Engle-Granger cointegration approach

    Shimul Shafiun N

    2013-04-01

    Full Text Available Remittance is one of the popular issues in the development economics. This paper attempted at finding the relationship between remittance flow and economic development using time series data of 1976-2007. The two modern time series econometric approaches- bound testing Autoregressive Distributed Lag Models or Unrestricted Error Correction Model (UECM and Engel Granger two step procedure for co-integration test- were executed and this study found that remittance was not significantly affecting the GDP per capita both in the short and long run although the foreign direct investment was found significant in the short but not in the long run. The study suggested adopting appropriate steps so that these can be used as a contributor to the economic development.

  2. System approach to the study of social and economic effects of information and communication technologies

    Afanasyev V.B.

    2011-01-01

    This article reflects the theoretical positions of infotech management by system analyzing social and economic impact of information and communication technologies that contributes to the development of ICT management.

  3. A Modified Approach to the Introductory Economics Course in a School of Business

    Crockett, G. V.

    1977-01-01

    Describes course format, materials development, and evaluation of an introductory economics course which stressed problem solving techniques and conceptual skills instead of rote memorization of factual content. For journal availability, see SO 506 029. (AV)

  4. Entrepreneurship Education as a Strategic Approach to Economic Growth in Kenya.

    Nelson, Robert E.; Johnson, Scott D.

    1997-01-01

    Discusses the role of technical education and training in supporting economic growth in Kenya, including entrepreneurship education, teacher training, and stimulation of small enterprises through training and consultancy. The importance of creating an entrepreneurial culture through education is stressed. (SK)

  5. Approaches to Refining Estimates of Global Burden and Economics of Dengue

    Shepard, Donald S.; Undurraga, Eduardo A.; Betancourt-Cravioto, Miguel; Guzmán, María G.; Halstead, Scott B; Harris, Eva; Mudin, Rose Nani; Murray, Kristy O.; Tapia-Conyer, Roberto; Gubler, Duane J.

    2014-01-01

    Dengue presents a formidable and growing global economic and disease burden, with around half the world's population estimated to be at risk of infection. There is wide variation and substantial uncertainty in current estimates of dengue disease burden and, consequently, on economic burden estimates. Dengue disease varies across time, geography and persons affected. Variations in the transmission of four different viruses and interactions among vector density and host's immune status, age, pr...

  6. Relationship between crimes and economic conditions in Pakistan: a time series approach

    Raja, Mohsin Gulzar; Ullah, Kafait

    2013-01-01

    Using the time series data from 1990-2011, this paper is an attempt to explore the relationship between economic conditions and criminal activities in Pakistan. Three variables are being used for economic conditions like increasing female employment in labor market, CPI which denotes inflation and income inequality. We check their relationship with total reported crime with reference to Pakistan. The Augmented Dicky Fuller test is used for unit root process which suggested that all the variab...

  7. Estimating the Impact of Gubernatorial Partisanship on Policy Settings and Economic Outcomes: A Regression Discontinuity Approach

    Andrew Leigh

    2007-01-01

    Using panel data from US states over the period 1941-2002, I measure the impact of gubernatorial partisanship on a wide range of different policy settings and economic outcomes. Across 32 measures, there are surprisingly few differences in policy settings, social outcomes and economic outcomes under Democrat and Republican Governors. In terms of policies, Democratic Governors tend to prefer slightly higher minimum wages. Under Republican Governors, incarceration rates are higher, while welfar...

  8. The Nationwide Economic and Environmental Impacts of Tourism: A Computable General Equilibrium Approach for Thailand

    Anan Wattanakuljarus

    2006-01-01

    Thai economic conditions considerably depend on the performance of tourism sectors. More than half of the Thai industries are directly and indirectly interdependent with tourism sectors. Given these large economic dependences upon tourism, any internal or external changes that affect Thai tourism could have substantial economy-wide impacts on resource allocation, sectoral outputs, income distribution, macroeconomic variables and the environment. Using computable general equilibrium (CGE) mode...

  9. Economically Optimal Timing of Insect Control in Food Processing Facilities: An Options Approach

    Duan, Suling; Adam, Brian D.

    2015-01-01

    A manager of a food processing facility faces the dilemma that postponing a treatment (such as fumigation) in order to save money, risks allowing insect population to increase to an amount that causes economic damage. This economic damage includes buyer discounts due to presence of insects or insect damage, cost of extra treatments needed, or rejection by a buyer. Conversely, fumigating too early may allow the remaining insect population to rebound sufficiently that another expensive fumigati...

  10. Towards a New Approach of the Economic Intelligence Process: Basic Concepts, Analysis Methods and Informational Tools

    Sorin Briciu; Marinela Vrîncianu; Florin Mihai

    2009-01-01

    One of the obvious trends in current business environment is the increased competition. In this context, organizations are becoming more and more aware of the importance of knowledge as a key factor in obtaining competitive advantage. A possible solution in knowledge management is Economic Intelligence (EI) that involves the collection, evaluation, processing, analysis, and dissemination of economic data (about products, clients, competitors, etc.) inside organizations. The ...

  11. Assesment of the relationship between Inequality and Economic Growth: A panel Data Approach

    Araceli Ortega Diaz

    2004-01-01

    The relationship between income distribution and economic growth has been found to depend on several factors such as capital markets imperfections, moral hazard, indivisibility in investments, and existence of dual economic characteristics. In recent literature the importance of geography has been emphasized in defining this relationship due to it’s relevance to trade and openness. The current work assesses how income inequality influences growth stimating a reduced form growth equation. Us...

  12. A sustainable architecture approach to the economic and social aspects of the bazaar of Tabriz

    Kalan, Arezou; Oliveira, Eduardo

    2014-01-01

    Sustainable architecture aims to design buildings and infra-structures, such as squares and bazaars, adapted to the social, economic, cultural and environmental contexts of certain place. The practice of sustainable architecture contributes to sustainable development, therefore for the development of future generations. The concept must integrate not only bioclimatic strategies, but also economic, social and cultural facets. Sustainable architecture research is either carried while the design...

  13. Fuzzy logic approach to SWOT analysis for economics tasks and example of its computer realization

    Chernov, Vladimir; Oleksandr DOROKHOV; Liudmyla DOROKHOVA

    2016-01-01

    The article discusses the widely used classic method of analysis, forecasting and decision-making in the various economic problems, called SWOT analysis. As known, it is a qualitative comparison of multicriteria degree of Strength, Weakness, Opportunity, Threat for different kinds of risks, forecasting the development in the markets, status and prospects of development of enterprises, regions and economic sectors, territorials etc. It can also be successfully applied to the eva...

  14. Targeting Industry Clusters for Regional Economic Development: An Overview of the REDRL Approach

    Barkley, David L.; Henry, Mark S.

    2005-01-01

    An industry cluster is a geographically bounded collection of similar and/or related firms that together create competitive advantages for member firms and the local economy. The targeting of economic development programs at industry clusters provides three principal advantages: multiplier effects are stronger, employment growth potential is enhanced, and new firm spin-offs are promoted. The Clemson University Regional Economic Development Research Laboratory (REDRL) targeting method uses a s...

  15. ACE up the sleeve – are vascular patients medically optimized

    AP Coveney

    2011-01-01

    Full Text Available AP Coveney, GC O’Brien, GJ FultonDepartment of Vascular Surgery, Cork University Hospital and National University of Ireland, Cork, IrelandObjective: To examine the current medical management of arteriopathic patients attending a vascular surgical service at a university teaching hospital over a 6-month period. The prescribing of antiplatelets, statins, angiotensin-converting enzyme (ACE inhibitors, or angiotensin receptor blockers and beta-blockers was specifically examined. Vascular patients are often under the care of multiple specialties, and therefore the influence of different medical specialties on the patients’ medical management was also examined.Design: Between January and June 2009, data were recorded on sequential patients with arterial disease attending the vascular surgical service. Patients’ demographics, type of arterial disease, medical consultations within the previous 12 months, and current medications were recorded.Results: The study included 180 patients with a mean age of 69 years (39–88 years. All but 4% were taking an antiplatelet or anticoagulant, predominantly aspirin. There were 86% taking a statin, 44% taking a beta-blocker, and 51% taking an ACE inhibitor. Suboptimal prescription of ACE inhibitors and beta-blockers was evident regardless of the type of medical consultations in the previous year. No specialty group differed significantly from vascular surgeons in their prescribing pattern.Conclusions: While almost all arteriopaths receive some form of antiplatelet and statin in line with clinical evidence, ACE inhibitors and beta-blockers appear to be under-prescribed in this arteriopathic population. We conclude that opportunity exists for vascular surgeons to embrace recent guidelines and lead the way in both surgical and medical optimization of arteriopathic patients through improving links with primary care physicians or taking greater responsibility themselves for the medical as well as the surgical care

  16. [Trials with ACE-inhibitors in acute myocardial infarction].

    Dalla Volta, S

    1994-12-01

    In acute myocardial infarction, the results of the trials with ACE-inhibitors have not been always good, in contrast with what has been observed in chronic heart failure. The comparison of these compounds with the placebo has demonstrated lack of reduction of mortality in the study CONSENSUS II, favorable results on the survival as first endpoint and on the secondary endpoints, as reinfarction, heart failure and stroke in the studies SOLVD, AIRE, GISSI 3, ISIS 4, and uncertain (interim report) results in the Chinese study. Nevertheless, the analysis of the recruitment of the patients with acute infarction and the way these patients have been treated seem to be the most important cause of the conflicting results. ACE-inhibitors have proved no efficacy in acute myocardial infarction without signs of left ventricular failure (CONSENSUS II), have worsened the clinical picture and the mortality in patients in shock or with severe heart failure in the acute phase. On the reverse, in presence of mild to moderate left ventricular dysfunction and failure, the use of ACE-inhibitors has been followed by reduction of mortality in the early (AIRE, GISSI 3, ISIS 4), medium term (GISSI 3) and long-term follow-up (up to 4 years in the AIRE study). In parallel with the reduction of the primary endpoint, also secondary endpoints have been favorably influenced by the different ACE-inhibitors. No differences have been observed among the different class of compounds. ACE-inhibitors seem, therefore, to have a clear indication in acute myocardial infarction with mild or moderate signs and symptoms of heart failure. PMID:7634258

  17. Interactions between electricity generation sources and economic activity in Greece: A VECM approach

    Highlights: • Adjustment dynamics in electricity sources and industrial production are examined. • The Johansen’s method with a conditional VEC model was pursued. • Results confirm endogeneity among variables. • Cointegration relationships for fossil and for renewables sources were founded. • Renewables are less affected by disturbance in economic activity. - Abstract: The interactions between electricity generation sources and industrial production in Greece were analysed from August 2004 to October 2013. Greece has been subject to a tough economic adjustment under external financial assistance guidelines. In the meantime, the country has remained committed to international agreements concerning the use of renewables. The variables interact with each other, and this endogeneity has been analysed using a VECM model. A short-run, causal relationship from conventional fossil sources to economic growth, was proved. However, there is no evidence of causal relationships from renewable electricity to economic growth, either in the short- or long-run. Only economic growth gives rise to renewable electricity, whether in the short- or long-run. A fresh insight on the current state of dynamics between electricity sources within an electricity generation system, is thus added to the literature. These findings will inform energy policymakers in designing policies both to encourage the incorporation of national technology into renewables and to reduce electricity consumption without hampering economic growth

  18. A crucial role in fertility for the oyster angiotensin-converting enzyme orthologue CgACE.

    Riviere, Guillaume; Fellous, Alexandre; Franco, Alban; Bernay, Benoit; Favrel, Pascal

    2011-01-01

    Angiotensin-converting enzyme (ACE) is a highly conserved metallopeptidase. In mammals, the somatic isoform governs blood pressure whereas the germinal isoform (tACE) is required for fertility. In Ecdysozoans, ACE-like enzymes are implicated in reproduction. Despite ACE orthologues being present from bacteria to humans, their function(s) remain(s) unknown in distant organisms such as Lophotrochozoans. In silico analysis of an oyster (Crassostrea gigas) EST library suggested the presence of an ACE orthologue in molluscs. Primer walking and 5'-RACE revealed that the 1.9 kb cDNA encodes CgACE, a 632 amino acid protein displaying a conserved single active site and a putative C-terminal transmembrane anchor, thus resembling human tACE, as supported by molecular modelling. FRET activity assays and Maldi-TOF spectrometry indicated that CgACE is a functional dipeptidyl-carboxypeptidase which is active on Angiotensin I and sensitive to ACE inhibitors and chloride ion concentration. Immunocytochemistry revealed that, as its human counterpart, recombinant CgACE is synthesised as a transmembrane enzyme. RT-qPCR, in-situ hybridization and immunohistochemistry shed light on a tissue, and development stage, specific expression pattern for CgACE, which is increased in the gonad during spermatogenesis. The use of ACE inhibitors in vivo indicates that the dipeptidase activity of CgACE is crucial for the oyster fertilization. Our study demonstrates that a transmembrane active ACE is present in the oyster Crassostrea gigas, and for the first time ascribes a functional role for ACE in Lophotrochozoans. Its biological function in reproduction is conserved from molluscs to humans, a finding of particular evolutionary interest especially since oysters represent the most important aquaculture resource worldwide. PMID:22174750

  19. A crucial role in fertility for the oyster angiotensin-converting enzyme orthologue CgACE.

    Guillaume Riviere

    Full Text Available Angiotensin-converting enzyme (ACE is a highly conserved metallopeptidase. In mammals, the somatic isoform governs blood pressure whereas the germinal isoform (tACE is required for fertility. In Ecdysozoans, ACE-like enzymes are implicated in reproduction. Despite ACE orthologues being present from bacteria to humans, their function(s remain(s unknown in distant organisms such as Lophotrochozoans. In silico analysis of an oyster (Crassostrea gigas EST library suggested the presence of an ACE orthologue in molluscs. Primer walking and 5'-RACE revealed that the 1.9 kb cDNA encodes CgACE, a 632 amino acid protein displaying a conserved single active site and a putative C-terminal transmembrane anchor, thus resembling human tACE, as supported by molecular modelling. FRET activity assays and Maldi-TOF spectrometry indicated that CgACE is a functional dipeptidyl-carboxypeptidase which is active on Angiotensin I and sensitive to ACE inhibitors and chloride ion concentration. Immunocytochemistry revealed that, as its human counterpart, recombinant CgACE is synthesised as a transmembrane enzyme. RT-qPCR, in-situ hybridization and immunohistochemistry shed light on a tissue, and development stage, specific expression pattern for CgACE, which is increased in the gonad during spermatogenesis. The use of ACE inhibitors in vivo indicates that the dipeptidase activity of CgACE is crucial for the oyster fertilization. Our study demonstrates that a transmembrane active ACE is present in the oyster Crassostrea gigas, and for the first time ascribes a functional role for ACE in Lophotrochozoans. Its biological function in reproduction is conserved from molluscs to humans, a finding of particular evolutionary interest especially since oysters represent the most important aquaculture resource worldwide.

  20. Bundling and Tying: Should Regulators Use the Per Se Approach or the Rule-of-Reason Approach? Lessons from the Economics Literature

    Alexander Elbittar; Sonia Di Giannatale

    2012-01-01

    The question of when a tying case should be ruled under the per se approach or under the rule-of-reason approach is valid and has policy implications. This article is written to shed light into what could be the appropriate answer by presenting several lessons that we can learn from economics literature. Sonia Di Giannatale (Centro de Investigación y Docencia Económicas) & Alexander Elbittar (Centro de Investigación y Docencia Económicas)

  1. Applying a System Dynamics Approach for Modeling Groundwater Dynamics to Depletion under Different Economical and Climate Change Scenarios

    Hamid Balali

    2015-09-01

    Full Text Available In the recent decades, due to many different factors, including climate change effects towards be warming and lower precipitation, as well as some structural policies such as more intensive harvesting of groundwater and low price of irrigation water, the level of groundwater has decreased in most plains of Iran. The objective of this study is to model groundwater dynamics to depletion under different economic policies and climate change by using a system dynamics approach. For this purpose a dynamic hydro-economic model which simultaneously simulates the farmer’s economic behavior, groundwater aquifer dynamics, studied area climatology factors and government economical policies related to groundwater, is developed using STELLA 10.0.6. The vulnerability of groundwater balance is forecasted under three scenarios of climate including the Dry, Nor and Wet and also, different scenarios of irrigation water and energy pricing policies. Results show that implementation of some economic policies on irrigation water and energy pricing can significantly affect on groundwater exploitation and its volume balance. By increasing of irrigation water price along with energy price, exploitation of groundwater will improve, in so far as in scenarios S15 and S16, studied area’s aquifer groundwater balance is positive at the end of planning horizon, even in Dry condition of precipitation. Also, results indicate that climate change can affect groundwater recharge. It can generally be expected that increases in precipitation would produce greater aquifer recharge rates.

  2. Environmental and economic analysis of end of life management options for an HDPE product using a life cycle thinking approach.

    Simões, Carla L; Pinto, Lígia M Costa; Bernardo, C A

    2014-05-01

    Manufacturers have been increasingly considering the implication of materials used in commercial products and the management of such products at the end of their useful lives (as waste or as post-consumer secondary materials). The present work describes the application of the life cycle thinking approach to a plastic product, specifically an anti-glare lamellae (used for road safety applications) made with high-density polyethylene (HDPE). This study shows that optimal environmental and economic outcomes associated with this product can be realized by recovering the material at the end of its useful life (end of life, EoL) and by using the recycled HDPE as a raw material in the production of new similar products. The study confirmed the applicability of the life cycle thinking approach by industry in sustainable products development, supporting the development of robust environmental and economic guidelines. PMID:24692456

  3. Aircraft Energy Efficiency (ACEE) status report

    Nored, D. L.; Dugan, J. F., Jr.; Saunders, N. T.; Ziemianski, J. A.

    1979-01-01

    Fuel efficiency in aeronautics, for fuel conservation in general as well as for its effect on commercial aircraft operating economics is considered. Projects of the Aircraft Energy Efficiency Program related to propulsion are emphasized. These include: (1) engine component improvement, directed at performance improvement and engine diagnostics for prolonged service life; (2) energy efficient engine, directed at proving the technology base for the next generation of turbofan engines; and (3) advanced turboprop, directed at advancing the technology of turboprop powered aircraft to a point suitable for commercial airline service. Progress in these technology areas is reported.

  4. ACE INHIBITOR POSSIBILITIES IN CLINICAL PRACTICE: WHAT WE KNOW ABOUT THEM?

    D. V. Nebieridze

    2010-01-01

    Full Text Available New possibilities of ACE inhibitors application on the base of international trails review are presented. Traditional therapy areas of ACE inhibitors (hypertension, heart failure are well known. However recent studies have shown that ACE inhibitors improve prognosis in patients with clinically proved atherosclerosis. This ACE inhibitor ability is a result of their high vasoprotective effect. It provides new clinical possibilities for their use for slowing a progression of diseases associated with atherosclerosis. However this property can not be extended to all ACE inhibitors. Only ramipril and perindopril have a strong evidence base.

  5. Can the restrictive harvest period policy conserve mopane worms in Southern Africa? A bio-economic modelling approach

    Wisdom Akpalu; Edwin Muchapondwa; Precious Zikhali

    2007-01-01

    Imbrasia Belina also known as the mopane worm, like other edible insects and caterpillars, is a vital source of protein to Southern African countries. The worms live and graze on mopane trees, which occupy agricultural land. With increasing commercialization of the worm, the management of the worm, which was hitherto organized as a common property resource, has degraded to a near open access. In this paper, a simple bio-economic modeling approach has been taken to show that, for some optimal ...

  6. What industrial organization for the creation of a technology dynamic around ITER ? An economics of innovation approach

    Guichard, Renelle

    2005-01-01

    The present report is the conclusion to a study conducted by IMRI from February 2003 to July 2004 for the Controlled Fusion Research Department of the Materials Science Division of the CEA, Cadarache, called "What industrial organization for the creation of a technology dynamic around ITER in the European space? An economics of innovation approach". The report itself is designed to cover all the research carried out by IMRI during the study period, and to answer the initial research questions...

  7. The Economic Impacts of Pollinator Declines: An Approach to Assessing the Consequences

    Truman P. Phillips

    2001-06-01

    Full Text Available Since agricultural activities were first recorded, there have been shortages of pollinators. Today it seems that pollination systems in many areas of agriculture are threatened by the inadequacy or lack of sustainable managed, indigenous, or imported pollinators. Pollinator shortages can adversely affect crop production and commodity markets. This paper presents an economic model than can be used to measure some of the economic impacts of pollinator deficits on traded commodities. This economic analysis indicates that consumers of a commodity affected by a pollinator deficit may suffer because the commodity costs more and becomes less available. At the same time, although the producers of the affected commodity may experience crop declines, they may also experience economic gains in the form of higher prices. The amount the producer gains or loses depends on the shape of the supply and demand functions, and the magnitude of these losses or gains is an empirical question. Although there are few data available to evaluate this model, those we do have indicate that serious problems for world food supply, security, and trade could be in the offing if current declines in pollinator abundance, diversity, and availability are not reversed. Various crops and cropping systems are suggested as practical starting places for economic studies of the effects of pollinator declines, with emphasis on the type of data required.

  8. Oil Price Volatility and Economic Growth in Nigeria: a Vector Auto-Regression (VAR Approach

    Edesiri Godsday Okoro

    2014-02-01

    Full Text Available The study examined oil price volatility and economic growth in Nigeria linking oil price volatility, crude oil prices, oil revenue and Gross Domestic Product. Using quarterly data sourced from the Central Bank of Nigeria (CBN Statistical Bulletin and World Bank Indicators (various issues spanning 1980-2010, a non‐linear model of oil price volatility and economic growth was estimated using the VAR technique. The study revealed that oil price volatility has significantly influenced the level of economic growth in Nigeria although; the result additionally indicated a negative relationship between the oil price volatility and the level of economic growth. Furthermore, the result also showed that the Nigerian economy survived on crude oil, to such extent that the country‘s budget is tied to particular price of crude oil. This is not a good sign for a developing economy, more so that the country relies almost entirely on revenue of the oil sector as a source of foreign exchange earnings. This therefore portends some dangers for the economic survival of Nigeria. It was recommended amongst others that there should be a strong need for policy makers to focus on policy that will strengthen/stabilize the economy with specific focus on alternative sources of government revenue. Finally, there should be reduction in monetization of crude oil receipts (fiscal discipline, aggressive saving of proceeds from oil booms in future in order to withstand vicissitudes of oil price volatility in future.

  9. External Debt, Internal Debt and Economic Growth Bound in Nigeria using a Causality Approach

    Amassoma J. Ditimi

    2011-07-01

    Full Text Available The study examined the causal nexus between external debt, domestic debt and economic growth in Nigeria between 1970 and 2009 using a Vector Autoregressive (VAR and a Vector Error Correction (VEC models. The variables used in the study were tested for stationarity using the Augmented Dickey Fuller and Philip Perron test. The result showed that the variables are stationary at first differencing. Co-integration test was also performed and the result revealed the absence of co-integration between domestic debt and economic growth while the result also revealed the presence of co-integration between external debt and economic growth. The co-integration results determined the appropriateness of methodological test for causality. The findings of the VAR model revealed that there is a bi-directional causality between domestic debt and economic growth while that of the VEC model revealed a unidirectional causality from economic growth to external debt in Nigeria. The study recommends that government should rely more on domestic debt in stimulating growth than on external debt.

  10. Evaluating the efficiency of divestiture policy in promoting competitiveness using an analytical method and agent-based computational economics

    Choosing a desired policy for divestiture of dominant firms' generation assets has been a challenging task and open question for regulatory authority. To deal with this problem, in this paper, an analytical method and agent-based computational economics (ACE) approach are used for ex-ante analysis of divestiture policy in reducing market power. The analytical method is applied to solve a designed concentration boundary problem, even for situations where the cost data of generators are unknown. The concentration boundary problem is the problem of minimizing or maximizing market concentration subject to operation constraints of the electricity market. It is proved here that the market concentration corresponding to operation condition is certainly viable in an interval calculated by the analytical method. For situations where the cost function of generators is available, the ACE is used to model the electricity market. In ACE, each power producer's profit-maximization problem is solved by the computational approach of Q-learning. The power producer using the Q-learning method learns from past experiences to implicitly identify the market power, and find desired response in competing with the rivals. Both methods are applied in a multi-area power system and effects of different divestiture policies on market behavior are analyzed.

  11. Evaluating the efficiency of divestiture policy in promoting competitiveness using an analytical method and agent-based computational economics

    Choosing a desired policy for divestiture of dominant firms' generation assets has been a challenging task and open question for regulatory authority. To deal with this problem, in this paper, an analytical method and agent-based computational economics (ACE) approach are used for ex-ante analysis of divestiture policy in reducing market power. The analytical method is applied to solve a designed concentration boundary problem, even for situations where the cost data of generators are unknown. The concentration boundary problem is the problem of minimizing or maximizing market concentration subject to operation constraints of the electricity market. It is proved here that the market concentration corresponding to operation condition is certainly viable in an interval calculated by the analytical method. For situations where the cost function of generators is available, the ACE is used to model the electricity market. In ACE, each power producer's profit-maximization problem is solved by the computational approach of Q-learning. The power producer using the Q-learning method learns from past experiences to implicitly identify the market power, and find desired response in competing with the rivals. Both methods are applied in a multi-area power system and effects of different divestiture policies on market behavior are analyzed. (author)

  12. Evaluating the efficiency of divestiture policy in promoting competitiveness using an analytical method and agent-based computational economics

    Rahimiyan, Morteza; Rajabi Mashhadi, Habib [Department of Electrical Engineering, Faculty of Engineering, Ferdowsi University of Mashhad, Mashhad (Iran)

    2010-03-15

    Choosing a desired policy for divestiture of dominant firms' generation assets has been a challenging task and open question for regulatory authority. To deal with this problem, in this paper, an analytical method and agent-based computational economics (ACE) approach are used for ex-ante analysis of divestiture policy in reducing market power. The analytical method is applied to solve a designed concentration boundary problem, even for situations where the cost data of generators are unknown. The concentration boundary problem is the problem of minimizing or maximizing market concentration subject to operation constraints of the electricity market. It is proved here that the market concentration corresponding to operation condition is certainly viable in an interval calculated by the analytical method. For situations where the cost function of generators is available, the ACE is used to model the electricity market. In ACE, each power producer's profit-maximization problem is solved by the computational approach of Q-learning. The power producer using the Q-learning method learns from past experiences to implicitly identify the market power, and find desired response in competing with the rivals. Both methods are applied in a multi-area power system and effects of different divestiture policies on market behavior are analyzed. (author)

  13. An economic analysis of a commercial approach to the design and fabrication of a space power system

    Putney, Z.; Been, J.

    1979-01-01

    This paper discusses a commercial approach to the design and fabrication of an economical space power system. With the advent of the space shuttle, steps can be taken to back away from the presently used space qualified approach in order to reduce cost of space hardware by incorporating, where possible, commercial design, fabrication, and quality assurance methods. Cost reductions are projected through the conceptual design of a 2 kW space power system built with the capability for having serviceability. The approach to system costing that has been used takes into account both the constraints of operation in space and commercial production engineering approaches. The cost of this power system reflects a variety of cost/benefit tradeoffs that would reduce system cost as a function of system reliability requirements, complexity, and the impact of rigid specifications. A breakdown of the system design, documentation, fabrication and reliability and quality assurance cost estimates are detailed.

  14. Economic Policy and Investment Strategy under Environmental Pressure: An Analytic Approach

    Feng Dai

    2013-05-01

    Full Text Available This paper builds the analytic models for economic policy under environmental pressure. It can describe the impact of policy on economic growth. Also, the paper presents the policy models for investment to basic output and innovation, which can be applied to compute the optimal investment rates, and analyze the actual investment effects on economic growth. Further, the paper concludes that, open policies should be the leading one for the traditional industries; closed policies should be implemented at first for the small emerging Industries, which are promising in growth, and open policies are implemented at an opportune moment. Normal 0 false false false EN-US X-NONE AR-SA

  15. THE INTEGRATED APPROACH TO EVALUATING STRUCTURAL PERFORMANCE IN WELL- BALANCED MACRO-ECONOMIC FRAMEWORKS

    Serguey Arseniyevich VLADIMIROV

    2015-01-01

    Full Text Available The paper aimed at an academic substantiation of possibility of reaching the community-measured and utmost available efficiency in public expenditure and investments and tax collection/ revenue in a perfectly arranged well-balanced open-ended macro-economic framework. The model suggested looks similar (by its interpretation to the «econophysical» trend in the contemporary economics concept (Cf.: the Carnot cycle in thermodynamics, that means a specific amount received from the public spending jointly with investments to the national economy (in the event of a successful outcome i.e. «zero-loss» may lead to the maximum expected rate of economic growth, that enables justifying general directions of an appropriate macroeconomic policy (concerning both finance and budget allocations]. 

  16. Techno-economic analysis of bioethanol production from lignocellulosic residues in Colombia: a process simulation approach.

    Quintero, Julián A; Moncada, Jonathan; Cardona, Carlos A

    2013-07-01

    In this study a techno-economic analysis of the production of bioethanol from four lignocellusic (Sugarcane bagasse, Coffee cut-stems, Rice Husk, and Empty Fruit Bunches) residues is presented for the Colombian case. The ethanol production was evaluated using Aspen Plus and Aspen Process Economic Analyzer carrying out the simulation and the economic evaluation, respectively. Simulations included the composition of lignocellulosic residues, which was determined experimentally. It was found that empty fruit bunches presents the highest ethanol yield from a dry basis point of view (313.83 L/t), while rice husk produced less ethanol (250.56 L/t). The ethanol production cost was assessed for the standalone ethanol plant and the ethanol plant coupled with a cogeneration system. Moreover, ethanol production cost using EFB was the lowest with (0.49 US$/L) and without (0.58 US$/L) cogeneration scheme. PMID:23665691

  17. Economic expansion and increase in labout market formality: a poaching approach

    Carlos Henrique L. Corseuil

    2012-06-01

    Full Text Available This paper investigates the relationship between economic expansion and the degree of formalization for the Brazilian labour market in the recent period. We present a theoretical framework that attempts to explain this relationship through the dynamics of firms hiring strategies. The main predictions are: the share of formal employment rises as the unemployment rate falls, and that the formal-informal wage gap increases, at least at the beginning of the economic expansion. In the empirical part, we use longitudinal microdata from a Brazilian household survey to check whether these two predictions are confirmed. To a large extent our results corroborate both predictions.

  18. Supply-side approaches to the economic valuation of coastal and marine habitat in the Red Sea

    Hoagland, P.

    2013-07-01

    The degradation of natural fish habitat in the ocean implies lost economic benefits. These value losses often are not measured or anticipated fully, and therefore they are mainly ignored in decisions to develop the coast for industrial or residential purposes. In such circumstances, the ocean habitat and its associated ecosystem are treated as if they are worthless. Measures of actual or potential economic values generated by fisheries in commercial markets can be used to assess a conservative (lower-bound) value of ocean habitat. With this information, one can begin to compare the values of coastal developments to the values of foregone ocean habitat in order to help understand whether development would be justified economically. In this paper, we focus on the economic value associated with the harvesting of commercial fish stocks as a relevant case for the Saudi Arabian portion of the Red Sea. We describe first the conceptual basis behind supply-side approaches to economic valuation. Next we review the literature on the use of these methods for valuing ocean habitat. We provide an example based on recent research assessing the bioeconomic status of the traditional fisheries of the Red Sea in the Kingdom of Saudi Arabia (KSA). We estimate the economic value of ecosystem services provided by the KSA Red Sea coral reefs, finding that annual per-unit values supporting the traditional fisheries only are on the order of 7000/km2. Finally, we develop some recommendations for refining future applications of these methods to the Red Sea environment and for further research. © 2013 .

  19. [Methodologic approaches to farmacologic economic analysis of actual inpatient treatment of occupational diseases].

    Petrov, A G; Denisova, S V; Odintseva, O V; Raudina, S N

    2014-01-01

    To improve miners' health nowadays, effective application of available means and implication of economic management methods are necessary, as quality medical and pharmaceutic care for miners requires significant financial, material and working efforts both from the government and from every institution operating in health care. PMID:25073341

  20. Toward quantifying the abuse liability of ultraviolet tanning: A behavioral economic approach to tanning addiction.

    Reed, Derek D; Kaplan, Brent A; Becirevic, Amel; Roma, Peter G; Hursh, Steven R

    2016-07-01

    Many adults engage in ultraviolet indoor tanning despite evidence of its association with skin cancer. The constellation of behaviors associated with ultraviolet indoor tanning is analogous to that in other behavioral addictions. Despite a growing literature on ultraviolet indoor tanning as an addiction, there remains no consensus on how to identify ultraviolet indoor tanning addictive tendencies. The purpose of the present study was to translate a behavioral economic task more commonly used in substance abuse to quantify the "abuse liability" of ultraviolet indoor tanning, establish construct validity, and determine convergent validity with the most commonly used diagnostic tools for ultraviolet indoor tanning addiction (i.e., mCAGE and mDSM-IV-TR). We conducted a between-groups study using a novel hypothetical Tanning Purchase Task to quantify intensity and elasticity of ultraviolet indoor tanning demand and permit statistical comparisons with the mCAGE and mDSM-IV-TR. Results suggest that behavioral economic demand is related to ultraviolet indoor tanning addiction status and adequately discriminates between potential addicted individuals from nonaddicted individuals. Moreover, we provide evidence that the Tanning Purchase Task renders behavioral economic indicators that are relevant to public health research. The present findings are limited to two ultraviolet indoor tanning addiction tools and a relatively small sample of high-risk ultraviolet indoor tanning users; however, these pilot data demonstrate the potential for behavioral economic assessment tools as diagnostic and research aids in ultraviolet indoor tanning addiction studies. PMID:27400670

  1. The economic impact of climate change on Kenyan crop agriculture : a ricardian approach

    Kabubo-Mariara, Jane; Karanja, Fredrick K

    2007-01-01

    This paper measures the economic impact of climate on crops in Kenya. The analysis is based on cross-sectional climate, hydrological, soil, and household level data for a sample of 816 households, and uses a seasonal Ricardian model. Estimated marginal impacts of climate variables suggest that global warming is harmful for agricultural productivity and that changes in temperature are much ...

  2. Rich and Poor Cities in Europe. An Urban Scaling Approach to Mapping the European Economic Transition.

    Strano, Emanuele; Sood, Vishal

    2016-01-01

    Recent advances in the urban science make broad use of the notion of scaling. We focus here on the important scaling relationship between the gross metropolitan product (GMP) of a city and its population (pop). It has been demonstrated that GMP ∝ Y Ypopβ with β always greater than 1 and close to 1.2. This fundamental finding highlights a universal rule that holds across countries and cultures and might explain the very nature of cities. However, in an increasingly connected world, the hypothesis that the economy of a city solely depends on its population might be questionable. Using data for 248 cities in the European Union between 2005 and 2010, we found a double GMP/pop scaling regime. For West EU cities, β = 1 over the whole the period, while for post-communist cities β > 1 and increases from ∼1.2 to ∼1.4. The evolution of the scaling exponent describes the convergence of post-communist European cities to open and liberal economies. We propose a simple model of economic convergence in which, under stable political conditions, a linear GMP/pop scaling is expected for all cities. The results suggest that the GMP/pop super-linear scaling represents a phase of economic growth rather than a steady, universal urban feature. The results also suggest that relationships between cities are embedded in their political and economic context and cannot be neglected in explanations of cities, urbanization and urban economics. PMID:27551719

  3. When Child Development Meets Economic Game Theory: An Interdisciplinary Approach to Investigating Social Development

    Gummerum, Michaela; Hanoch, Yaniv; Keller, Monika

    2008-01-01

    Game theory has been one of the most prominent theories in the social sciences, influencing diverse academic disciplines such as anthropology, biology, economics, and political science. In recent years, economists have employed game theory to investigate behaviors relating to fairness, reciprocity, and trust. Surprisingly, this research has not…

  4. Outline for an integrated modelling approach concerning risks and economic consequences of contagious animal diseases.

    Horst, H.S.; Dijkhuizen, A.A.; Huirne, R.B.M.

    1996-01-01

    Management decisions on control of major infectious animal diseases may have a large impact, but are usually based on scarce and unreliable information. An integrated model which combines the various aspects of outbreaks and risks with economic consequences has yet to be developed. A flexible model

  5. Schumacher and Kautilyan economics from an integral view : A sustainable approach

    Nandram, S.S.

    2013-01-01

    The world today is changing rapidly in many areas. On the macroeconomic level this is occurring in the form of climate change, resource depletion, disparity of wealth and possibilities of global nuclear waste. Several scholars express a need for a new paradigm of economics and management addressing

  6. Ecological, Social and Economic Evaluation of Transport Scenarios: An Integral Approach. A Phd research programme

    Geurs KT; LAE

    2000-01-01

    This report describes a research programme for the development of a methodology for the integral assessment of ecological, economic and social impacts of transport scenarios. The following research activities are planned: (1) a literature study on theories and conceptual models, explaining the funct

  7. METHODOLOGICAL APPROACHES TO THE STUDY OF SPECIFIC FEATURES OF TRANSFORMATIONAL SOCIO-ECONOMIC PROCESSES

    Dzhorayev, Vladimir

    2009-01-01

    The paper deals with an analysis of socio economic processes. In the author's opinion to avoid the carrying out of administrative-territorial management reforms by trial and error method it is necessary to study and to be ascertained in the methodological basis of economy transformations under the conditions of regions integration

  8. An Approach to Determining the Market for Academic Positions: Application to the Discipline of Agricultural Economics

    Farrell, Terence; Casavant, Ken; Jessup, Eric

    2007-01-01

    The purpose of this paper is to present issues that are relevant to pursuing an academic career in the chosen discipline of each student. The application will be a general case study of agricultural economics. The analytical model will be used to evaluate options for Ph.D. graduates in a supply and demand context. The first issue presented is a…

  9. Interbank Lending Decisions in An Economic Downturn: An Agent-Based Approach

    Deddy P. Koesrindartoto

    2012-01-01

    Full Text Available Interbank lending is one mechanism that can make shock, which is accepted by one bank spread to other banks (contagion. There are several researchers that focused their research on analyzing the effect of interbank lending to systemic risk. However, there is a few research that analyzed the effect of banks’ decision maker’s behavior, especially on the bank interbank lending to the systemic risk. In this research, the author creates an agent-based  simulation of the banking system to analyze the effect of banks’ decision maker’s behavior to systemic risk in economic downturn condition. The preliminary result from this research is for an economic downturn in a long time period, the banking system with a low net worth to the asset's ratio threshold will produce more default bank than the banking system with a high net worth to the asset's ratio threshold. However, for an economic downturn in small time period, banking system which all bank in their system has the higher net worth to assets ratio threshold will have the default bank first than the banking system which has the lower net worth to the asset's ratio threshold. Keywords: agent-based simulation, banker behavior, interbank lending, economic downturn

  10. Economic growth and currency crisis: A real exchange rate entropic approach

    Matesanz Gómez, David; Guillermo J. Ortega

    2005-01-01

    We propose a country classification of economic growth currency crisis consequences based on the entropic analysis of the real exchange rate. We show that this ranking is highly correlated with the annual minimum rate of growth, a proxy used to quantify real currency crisis effects.

  11. Debates, dialectic, and rhetoric: an approach to teaching radiology residents health economics, policy, and advocacy.

    Jha, Saurabh

    2013-06-01

    Arguing is an art and essential to the functioning of our political and legal system. Moderated debates between residents are a useful educational vehicle to teach residents health economics and health policy. Articulating the opposing arguments leads to greater mutual understanding, an appreciation of the limits of knowledge and improved advocacy. PMID:23545491

  12. THE ECONOMIC BENEFITS OF SNOWMOBILING IN WYOMING: A TRAVEL COST APPROACH WITH MARKET SEGMENTATION

    Coupal, Roger H.; Bastian, Christopher T.; May, Juliet A.; Taylor, David T.

    1999-01-01

    Little research has been done on the economic benefits of snowmobiling. This study used a cluster analysis and the travel cost method to identify different snowmobiler segments and estimate their respective consumer surplus values. Consumer surplus estimates ranged from $12 to $49 per day for the different segments.

  13. Sovereign Debt and Economic Policies in Global Markets: A Political Economy Approach

    Brandauer, Stefan

    2006-01-01

    This theses deals with the effects of national economic policies in internationally integrated markets. In particular, we look at markets of sovereign debt and intellectual property rights. Further, we provide an explicit analysis of the redistributive and welfare effects of different types of politicians. Finally we study the effects of anticipated competition in models of rent seeking.

  14. User centric design of smart grid: A social and economical approach

    Kobus, C.B.A.; De Jonge, B.; Knigge, J.; Slootweg, J.G.

    2011-01-01

    The energy transition poses challenges for maintaining the energy balance between demand and supply in the future. One of the solutions is Demand Side Management (DSM) where mobilizing flexibility in demand is the main objective. This paper summarizes two research projects on the economical and soci

  15. A THEORETICAL APPROACH OF THE CONCEPT OF SOCIAL CAPITAL IN SUPPORTING ECONOMIC PERFORMANCE

    Boldea Monica

    2012-07-01

    Full Text Available Any activity requires the presence of labor resources. If centuries ago the concept was that their presence was enough, now it takes a lot more. Moreover, since Aristotle the issue was taking into consideration all aspects of the community life that can lead to a "better life". In the current conditions we may consider resources in the broader context of the human factor and of the relations established within a society. Thus social capital was conceptualized. As opportunities of economic growth - based purely on the quantitative aspects of the determinants – were limited, the need occurred to reconsider the qualitative and structural components. Social capital considers a number of the integrative components of social life. These refer to the relations established at family level up to the level of societal institutions. It is necessary that these relationships be well established, and for the proper performance it is necessary that aspects of education and health should be properly valued and assessed. This helps setting up strong institutions. Developed countries have the ability to create a proper environment for the manifestations of social capital; in these countries one can observe the growing importance of formal and more impersonal relations. But this just reinforces the occurrence and development of economic activities based on efficiency criteria leading to the countries’ economic development. The interpretations of economic development issues have undergone changes in recent decades. If previously it was considered that the essential difference between rich and poor countries is reflected in the amount of physical capital per person, later on the concept of capital has been expanded to include as well human capital, the lack of which was considered a serious obstacle to development, particularly in the case of poor countries. And given the fact that the transactions within an economic system take place in an

  16. A Multidisciplinary, Science-Based Approach to the Economics of Climate Change

    Alan Carlin

    2011-04-01

    Full Text Available Economic analyses of environmental mitigation and other interdisciplinary public policy issues can be much more useful if they critically examine what other disciplines have to say, insist on using the most relevant observational data and the scientific method, and examine lower cost alternatives to the change proposed. These general principles are illustrated by applying them to the case of climate change mitigation, one of the most interdisciplinary of public policy issues. The analysis shows how use of these principles leads to quite different conclusions than those of most previous such economic analyses, as follows: The economic benefits of reducing CO2 emissions may be about two orders of magnitude less than those estimated by most economists because the climate sensitivity factor (CSF is much lower than assumed by the United Nations because feedback is negative rather than positive and the effects of CO2 emissions reductions on atmospheric CO2 appear to be short rather than long lasting. The costs of CO2 emissions reductions are very much higher than usually estimated because of technological and implementation problems recently identified. Geoengineering such as solar radiation management is a controversial alternative to CO2 emissions reductions that offers opportunities to greatly decrease these large costs, change global temperatures with far greater assurance of success, and eliminate the possibility of low probability, high consequence risks of rising temperatures, but has been largely ignored by economists. CO2 emissions reductions are economically unattractive since the very modest benefits remaining after the corrections for the above effects are quite unlikely to economically justify the much higher costs unless much lower cost geoengineering is used. The risk of catastrophic anthropogenic global warming appears to be so low that it is not currently worth doing anything to try to control it, including geoengineering.

  17. A multidisciplinary, science-based approach to the economics of climate change.

    Carlin, Alan

    2011-04-01

    Economic analyses of environmental mitigation and other interdisciplinary public policy issues can be much more useful if they critically examine what other disciplines have to say, insist on using the most relevant observational data and the scientific method, and examine lower cost alternatives to the change proposed. These general principles are illustrated by applying them to the case of climate change mitigation, one of the most interdisciplinary of public policy issues. The analysis shows how use of these principles leads to quite different conclusions than those of most previous such economic analyses, as follows: The economic benefits of reducing CO(2) emissions may be about two orders of magnitude less than those estimated by most economists because the climate sensitivity factor (CSF) is much lower than assumed by the United Nations because feedback is negative rather than positive and the effects of CO(2) emissions reductions on atmospheric CO(2) appear to be short rather than long lasting. The costs of CO(2) emissions reductions are very much higher than usually estimated because of technological and implementation problems recently identified. Geoengineering such as solar radiation management is a controversial alternative to CO(2) emissions reductions that offers opportunities to greatly decrease these large costs, change global temperatures with far greater assurance of success, and eliminate the possibility of low probability, high consequence risks of rising temperatures, but has been largely ignored by economists. CO(2) emissions reductions are economically unattractive since the very modest benefits remaining after the corrections for the above effects are quite unlikely to economically justify the much higher costs unless much lower cost geoengineering is used.The risk of catastrophic anthropogenic global warming appears to be so low that it is not currently worth doing anything to try to control it, including geoengineering. PMID:21695026

  18. Children are costly, but raising them may pay: The economic approach to fertility

    Martin Werding

    2014-01-01

    Full Text Available Objective: This article provides a non-technical introduction to analyses of fertility which are based on a rational-choice paradigm and which acknowledge that raising children may have a strong impact on the well-being of parents that can be described in terms of costs and benefits. It surveys different types of economic fertility models which can be used to address a variety of research questions, and it also discusses some basic strengths and weaknesses of applying economic analyses in this particular field. Results: Starting from a seminal contribution by Becker (1960 which may have been of little use for applied research or for interdisciplinary work, the economic theory of fertility has unfolded a differentiated research programme with indispensable contributions to the broader field of fertility research. Important features are the inclusion of (i different bargaining positions and differing incentives of partners interacting in fertility choices; (ii simultaneous decisions regarding labour force participation (as well as education and fertility, and the role played by employers, labour market institutions, and other public interventions; (iii the idea that children (or their "human capital" are investment goods with various kinds of returns that may be dispersed over an extremely long period of time, are subject to enormous uncertainties, and are strongly influenced by the social context and, again, by public policies. Conclusions: Economic aspects and elements of economic models should be included in any large-scale attempt at understanding fertility behaviour through interdisciplinary research. Improvements in the data infrastructure, which are only partly underway thus far, would be an important pre-requisite.

  19. An Integrated Approach to Explore the Relationship Among Economic, Construction Land Use, and Ecology Subsystems in Zhejiang Province, China

    Chuyu Xia

    2016-05-01

    Full Text Available Zhejiang Province, China is experiencing rapid urbanization, facing the challenge of coupling socioeconomic development and ecological conservation. This paper establishes a comprehensive index system to assess coordinating development of economic, construction land use (CLU, and ecology subsystems. A Granger test and a coupling coordination model were applied to explore the causal relationship and the coordinated development state among the three subsystems from 2000 to 2012. The results showed that: (1 changes in the integrated value of the economic subsystem were the Granger cause of changes in the ecology and CLU subsystems, and the changes in the integrated values of ecology and CLU was each other’s Granger cause; (2 the coupling coordination relationship of the integrated value for economic–CLU–ecology was constrained by the relationship between the economic and the CLU subsystems from 2000 to 2004, and that between the ecology and the economic subsystems was the impediment of the sustainable development of economic–CLU–ecology from 2004 to 2012. This research helps to identify approach to sustainable development through analyzing synergistic effects, interdependencies, and trade-offs among the integrated economic–CLU–ecology values, and to make significant contribution to urban planning policies in rapid urbanization region.

  20. Parallel Signal Processing and System Simulation using aCe

    Dorband, John E.; Aburdene, Maurice F.

    2003-01-01

    Recently, networked and cluster computation have become very popular for both signal processing and system simulation. A new language is ideally suited for parallel signal processing applications and system simulation since it allows the programmer to explicitly express the computations that can be performed concurrently. In addition, the new C based parallel language (ace C) for architecture-adaptive programming allows programmers to implement algorithms and system simulation applications on parallel architectures by providing them with the assurance that future parallel architectures will be able to run their applications with a minimum of modification. In this paper, we will focus on some fundamental features of ace C and present a signal processing application (FFT).

  1. THE TOWER OF BABEL? THE INNOVATION SYSTEM APPROACH VERSUS MAINSTREAM ECONOMICS.

    Johannes Hers; Niek Nahuis

    2004-01-01

    The Innovation systems (IS) approach and the system failures it identifies, play an important role in the design and legitimization of innovation policy. This paper analyses the usefulness of this concept. We conclude that the IS-approach can be useful to visualize the complexity of the innovation processes. However, for policy design this approach is less suited, because system failures aim at symptoms in stead of underlying incentive structures. In our view, policy design should be based on...

  2. Valuation of international oil companies : the RoACE era

    Osmundsen, Petter; Asche, Frank; Mohn, Klaus

    2004-01-01

    To improve their basis for investment recommendations and decisions, stock market analysts and investors make extensive use of operational and financial indicators. For the international oil and gas industry, a predominant indicator is return on capital employed (RoACE). The rationale for using this indicator is an assumed correlation between rentability and valuation metrics. Based on panel data for 11 international oil and gas companies, we seek to establish econometric relations between ma...

  3. ACE up the sleeve - are vascular patients medically optimized?

    Coveney, A P

    2011-03-01

    To examine the current medical management of arteriopathic patients attending a vascular surgical service at a university teaching hospital over a 6-month period. The prescribing of antiplatelets, statins, angiotensin-converting enzyme (ACE) inhibitors, or angiotensin receptor blockers and beta-blockers was specifically examined. Vascular patients are often under the care of multiple specialties, and therefore the influence of different medical specialties on the patients\\' medical management was also examined.

  4. Theory of Aces: Fame by chance or merit?

    Simkin, M. V.; Roychowdhury, V. P.

    2003-01-01

    We study empirically how fame of WWI fighter-pilot aces, measured in numbers of web pages mentioning them, is related to their achievement or merit, measured in numbers of opponent aircraft destroyed. We find that on the average fame grows exponentially with achievement; to be precise, there is a strong correlation (~0.7) between achievement and the logarithm of fame. At the same time, the number of individuals achieving a particular level of merit decreases exponentially with the magnitude o...

  5. An approach to optimize economics in a west Texas CO2 flood

    EOR projects, notably CO2 floods, are the next generation of recovery methods in the more mature west Texas waterfloods. Installing and operating a CO2 flood can be extremely expensive. In this paper, the authors discuss methods used to make several active CO2 floods more profitable by reducing operating costs and deferring investments. The authors' goal in studying several active west Texas CO2 floods is to determine the optimum near-term cash flow, overall project economics (rate of return, present worth, etc.), and oil recoveries. The authors developed various CO2 flood designs with a reservoir simulator by altering specific operating parameters, including the half-cycle slug size, gas/water ratio (GWR), injection schemes, and total CO2 slug sizes. The authors also assessed the impact of various economic conditions --- oil prices, CO2 prices, gas processing fees, and operating costs --- on the optimization process

  6. MODERN APPROACHES WHEN TEACHING ECONOMICS IN TERMS OF CONSTRUCTIVE EDUCATION. ACCOUNTING

    Oana DRĂGAN

    2014-11-01

    Full Text Available The quick development of science and technique within the information society we live in automatically involves the necessity of paradigm shift in the making of the young generation. At a European level, there is an interest for the use of participative teaching strategies based on experiments, cooperation and the stimulation of creativity. We are, thus, in a situation that must lead to rethinking the teaching strategies in order to ensure a natural dynamics in the evolution of our education system. The current article wants to underline the need for using the constructive strategies when studying Economics, as well as the feedback of the participants in this new teaching, respectively learning process. The objective will be met with the help of an empirical study carried out in a High School of Economics.

  7. Insurance penetration and economic growth in Africa: Dynamic effects analysis using Bayesian TVP-VAR approach

    D.O. Olayungbo

    2016-12-01

    Full Text Available This paper examines the dynamic interactions between insurance and economic growth in eight African countries for the period of 1970–2013. Insurance demand is measured by insurance penetration which accounts for income differences across the sample countries. A Bayesian Time Varying Parameter Vector Auto regression (TVP-VAR model with stochastic volatility is used to analyze the short run and the long run among the variables of interest. Using insurance penetration as a measure of insurance to economic growth, we find positive relationship for Egypt, while short-run negative and long-run positive effects are found for Kenya, Mauritius, and South Africa. On the contrary, negative effects are found for Algeria, Nigeria, Tunisia, and Zimbabwe. Implementation of sound financial reforms and wide insurance coverage are proposed recommendations for insurance development in the selected African countries.

  8. A FUTURE APPROACHES, SOCIAL ORGANIZATION AND THEIR ECONOMIC CONSEQUENCES OF THE INFORMATIONAL SOCIETY – KNOWLEDGE SOCIETY

    NICULAE DAVIDESCU

    2011-04-01

    Full Text Available The paper is the result of scientific study under doctoral thesis “Information Society and its Economic Effects” and contains seven sections: -section 1: “Globalization, Development and Information Society”; -section 2: “The Impact of the “Digital Divide” and “Digital Inequality” Phenomena” ; -section 3: “Information Society –Knowledge Society, Definition, Objectives and Strategies” ; -section 4: “Social Structures and New Life Patterns in Information Society” ; -section 5: “Virtual Organizations, Activities and Businesses” ; -section 6: “Strategies, Programmes and Courses of the Information Society Approach” ; -section 7: “The Economic Effects Foreseeable through the Implementation of Information Society–Knowledge Society”.

  9. Climate change economics on a small island: new approaches for Tobago

    Simpson, Murray [University of Oxford (United Kingdom); Birch, Tom

    2011-01-15

    For small islands like Tobago — that depend heavily on tourism driven by their natural 'beauty' — climate change poses a double-edged threat on supply and demand. Rising sea levels, increasing temperatures and more frequent and intense storms will damage the island's natural assets, such as coral reefs and beaches. This could have a heavy impact on tourism, which will also be affected by climate policy in 'source' countries. But what exactly will that impact be? How much will it cost? And what can be done about it? Traditional economic analysis is ill-equipped to answer these questions because it offers static and highly uncertain models and assessments of damage and loss, rather than flexible response options that consider system dynamics. We urgently need to use and expand new forms of economic analysis to better support the difficult decisions that Caribbean policymakers face as a result of climate change.

  10. Financial Sector Reform and Its Impact on Investment and Economic Growth: An Econometric Approach

    M. Aynul Hasan; Ashfaque H. Khan; S. Sajid Ali

    1996-01-01

    The financial sector is central to economic development as it serves the role of intermediary by mobilising savings and subsequently allocating credit for productive activities. However, in many developing countries including Pakistan, administered interest rate, domestic credit controls, high reserve requirements, use of captive banking system to finance large budgetary requirements of the government and controls on international capital inflows have remained the main features of the monetar...

  11. Uncovering the Factors behind Comparative Regional Economic Performance: A Dynamic CGE Approach

    James A. Giesecke; John R Madden

    2006-01-01

    Recently a new method has emerged for uncovering the factors driving regional disparities in growth performance. The method involves historical analysis with a multiregional computable general equilibrium model. This paper has three main aims. The first is to demonstrate the capacity of the CGE historical technique to decompose the causes of regional divergence into clearly-specified economic factors. The second is to provide a generic miniature model that can be used as a template for adapti...

  12. Trust, power and transaction costs in B2B exchanges - A socio-economic approach

    Bunduchi, R.

    2008-01-01

    The advent of the Internet has enabled organisations to reconfigure their inter-organisational relationships. This study presents three frameworks to analyse the outcome that the use of Internet based electronic markets has on the nature of inter-organisational relationships: transaction cost economics, social exchange theory and an integrated framework that combines the first two. The integrated framework proposes that the nature of inter-organisational relationships depends on the interacti...

  13. Economic Analysis of Tourism Consumption Dynamics: A Time-varying Parameter Demand System Approach

    Wu, DC; Li, G.; Song, H.

    2012-01-01

    This study considers the dynamics of the consumption behaviour of tourists from an economic perspective. The evolution of various demand elasticities is explored using a time-varying parameter almost ideal demand system model. The top four source markets for tourism in Hong Kong are examined, and three major tourist expenditure categories, including shopping, hotel accommodation and meals outside hotels, are investigated for each market. Elasticity analysis reveals different consumption trend...

  14. Optimising the management of complex dynamic ecosystems. An ecological-economic modelling approach

    Hein, L.G.

    2005-01-01

    Keywords: ecological-economic modelling; ecosystem services; resource use; efficient; sustainability; wetlands, rangelands.Ecosystems supply a wide range of goods and services to mankind. This includes, for example, timber supplied by forests, and animal feed supplied by rangeland systems. In addition, ecosystems supply a range of essential life support services, such as the regulation of climatic and biochemical processes, and they have a non-use value related to their importance for the con...

  15. A Multidisciplinary, Science-Based Approach to the Economics of Climate Change

    Alan Carlin

    2011-01-01

    Economic analyses of environmental mitigation and other interdisciplinary public policy issues can be much more useful if they critically examine what other disciplines have to say, insist on using the most relevant observational data and the scientific method, and examine lower cost alternatives to the change proposed. These general principles are illustrated by applying them to the case of climate change mitigation, one of the most interdisciplinary of public policy issues. The analysis sho...

  16. AN ECONOMIC EVALUATION OF THE NEW AGRICULTURAL TRADE NEGOTIATIONS: A NONLINEAR IMPERFECTLY COMPETITIVE SPATIAL EQUILIBRIUM APPROACH

    Maeda, Koushi; Suzuki, Xohuhiro; Kaiser, Harry M.

    2001-01-01

    The objective of the research reported here is to develop a more flexible and comprehensive policy simulation model for imperfectly competitive international agricultural trade with various trade and domestic support policies. The model is a nonlinear imperfectly competitive spatial equilibrium model formulated as a MCP. The model is flexible in that it can simulate the economic effects of the following trade policies: specific duties, ad valorem tariffs, tariff-rate quotas, export subsidies,...

  17. Integrated Approach for Improving Small Scale Market Oriented Dairy Systems in Pakistan: Economic Impact of Interventions

    Ghaffar, A.

    2010-01-01

    The International Atomic Energy Agency (IAEA) launched a Coordinated Research Program in 10 developing countries including Pakistan involving small scale market oriented dairy farmers to identify and prioritize the constraints and opportunities in the selected dairy farms, develop intervention strategies and assess the economic impact of the intervention. The interventions in animal health (control of mastitis at sub-clinical stage and reduction in calf mortality), nutrition (balanced feed) r...

  18. Economic Implications of Food Demand in Akoko South West, Ondo State, Nigeria: Aids Approach

    Adebisi Temitope Edun; Adamu Haruna

    2013-01-01

    The study examined the socio-economic characteristics of food consuming households, estimated the complete demand functions for some selected common food commodities, their prices and expenditure elasticities in Akoko South West (ASW) local government in Ondo state, Nigeria. The study examined demand analysis for food in ASW, using primary data with the use of questionnaire on some selected food-consuming households within the study area. Data collected were subjected to descriptive statisti...

  19. Public governance of central banks: an approach from new institutional economics

    Yoshiharu Oritani

    2010-01-01

    The governance of central banks has two dimensions: corporate governance and public governance. Public governance is an institutional framework whereby the general public governs a central bank by and through the legislative and executive bodies in a country. This paper argues that the literature of new institutional economics sheds new light on the public governance of central banks. First, Williamson’s theory of "governance as integrity" (probity) is applied to the internal management of ce...

  20. National approach to economic performance indicators for nuclear power plants: USA

    The structure of the US electric power industry comprises a combination of traditional electric utilities and less traditional electricity producing companies. The electric utilities include investor owned, publicly owned, federal and cooperative firms. Approximately three quarters of the electricity generated by utilities is generated by investor owned companies. These utilities are, for the most part, franchised monopolies that have an obligation to provide electricity to all customers within a service area. Most provide for the generation, transmission and distribution of electricity, although the distinctions between these services are breaking down as the electricity industry becomes more deregulated. The shares are publicly traded and their areas of business operation are expanding into new ones, sometimes unrelated to the provision of electricity or even energy. Under deregulation and open market pricing of electricity, the business and financial success of operating nuclear plants must be considered to a much greater extent along with the successful achievement of safety and reliability objectives. In developing strategic and operational goals, nuclear plant managers are required to embrace clear and measurable business objectives and goals that not only assure the achievement of safety and reliability but, in addition, eliminate unnecessary costs and identify investment opportunities. These goals must balance operating and safety risk while optimizing plant revenues and earnings and ultimately ensure the profitability of electricity generating facilities. In doing so, it is essential that plant managers articulate goal achievement through the application of effective, measurable, economic performance indicators. Individual nuclear plants will sell their output competing on electricity price, ultimately to ensure the safe, reliable and economic dispatch of their generation either onto open spot markets or by competitive bidding for bilateral contracts. In

  1. Causal relationship between fossil fuel consumption and economic growth in Japan: a multivariate approach

    Hazuki Ishida

    2011-01-01

    This paper explores whether Japanese economy can continue to grow without extensive dependence on fossil fuels. The paper conducts time series analysis using a multivariate model of fossil fuels, non-fossil energy, labor, stock and GDP to investigate the relationship between fossil fuel consumption and economic growth in Japan. The results of cointegration tests indicate long-run relationships among the variables. Using a vector error-correction model, the study reveals bidirectional causalit...

  2. The conflict trap in the Greek Civil War 1946-1949: an economic approach

    Christodoulakis, Nicos

    2014-01-01

    The paper provides a quantitative analysis of the armed confrontation that took place in Greece between the Communist Party and the Centre-Right Government during 1946-1949. Using monthly data for battle casualties a dynamic Lotka-Volterra framework is estimated, pointing to the existence of a conflict trap that explains the prolongation of the civil war and its dire consequences for the country. To examine the extent to which the confrontation was influenced by socio-economic factors, a regi...

  3. Responsibility and capitalism : a phenomenological way to approach the economic crisis

    Floriana Ferro

    2013-01-01

    The Western world is presently afflicted by a huge economic crisis, started in 2007 in the United States, with the collapse of the subprime mortgage market, and exploded in 2008 with the breakdown of Lehman Brothers[1]. Even if its most critical stage seems to be finished, capitalist countries find it difficult to recover. Globalization exported the effects of the crisis everywhere, but those that suffered the greatest damages are Europe and North America. The collapse of some financial compa...

  4. A multi-factor approach to understanding socio-economic segregation in European capital cities

    Tammaru, T.; Marcińczak, S.; van der Ham; Musterd, S.

    2016-01-01

    Growing inequalities in Europe, even in the most egalitarian countries, are a major challenge threatening the sustainability of urban communities and the competiveness of European cities. Surprisingly, though, there is a lack of systematic and representative research on the spatial dimension of rising inequalities. This gap is filled by our book project Socio-Economic Segregation in European Capital Cities: East Meets West, with empirical evidence from Amsterdam, Athens, Budapest, London, Mad...

  5. An economic approach to soil fertility management for wheat production in New South Wales and Queensland

    Farquharson, Robert J.; Cacho, Oscar J.; Mullen, John D.

    2005-01-01

    Soil fertility decline and soil management for crop production are important issues for grain growers in northern New South Wales and southern and central Queensland. In this paper a stochastic dynamic economic analysis of soil fertility management is presented to derive optimal fertility levels, and the management practices to achieve them. A sequential analysis of first deriving the optimal nitrogen stock and application, ceteris paribus, was followed by an assessment of tillage, stubble an...

  6. Outcome Measurement in Economic Evaluations of Public Health Interventions: a Role for the Capability Approach?

    Lorgelly, Paula K; Lawson, Kenny D.; Fenwick, Elisabeth A.L.; Briggs, Andrew H

    2010-01-01

    Public health interventions have received increased attention from policy makers, and there has been a corresponding increase in the number of economic evaluations within the domain of public health. However, methods to evaluate public health interventions are less well established than those for medical interventions. Focusing on health as an outcome measure is likely to underestimate the impact of many public health interventions. This paper provides a review of outcome measures in public h...

  7. An approach to investigating socio-economic tussles arising from building the future internet

    Kalogiros, Costas; Courcoubetis, Costas; Stamoulis, George D; Boniface, Michael; Meyer, Eric T.; Waldburger, Martin; Field, Daniel; Stiller, Burkhard

    2011-01-01

    With the evolution of the Internet from a controlled research network to a worldwide social and economic platform, the initial assumptions regarding stakeholder cooperative behavior are no longer valid. Conflicts have emerged in situations where there are opposing interests. Previous work in the literature has termed these conflicts tussles. This article presents the research of the SESERV project, which develops a methodology to investigate such tussles and is carrying out a survey of tussle...

  8. Social Capital in the creation of Human Capital and Economic Growth: A Productive Consumption Approach

    Dinda, Soumyananda

    2006-01-01

    Social capital is a broad term containing the social networks and norms that generate shared understandings, trust and reciprocity, which underpin cooperation and collective action for mutual benefits, and creates the base for economic prosperity. This study deals with the formation of social capital through development of human capital that is created from productive consumption. This paper attempts to formalize incorporation of social capital (SK). This paper sets up a one-sector growth mod...

  9. Evaluating the Economic Impacts of Technological Innovation in the Automobile Industry: The Input-Output Approach

    Shibusawa, Hiroyuki; Sugawara, Takafumi

    2011-01-01

    In this paper, the economic impacts of technological innovation, such as electric and hybrid vehicles, in the automobile industry in Japan are examined. The automobile industry has to develop environmentally friendly vehicles in the face of the global warming issue and the exhaustion problem of petroleum. The conventional automobiles with gasoline and diesel oil don’t meet the demands of present age. The new generation automobiles will become popular for coming several decades. The indust...

  10. Study on alternative approaches to corrosion protection of ballast tanks using an economic model

    De Baere, Kris; Verstraelen, Helen; Rigo, Philippe; Van Passel, Steven; Lenaerts, Silvia; Potters, Geert

    2013-01-01

    One of the most relevant problems in ship construction and maintenance nowadays is corrosion in ballast tanks of modern merchant vessels. On the one hand, there is a general consensus that the economic lifespan of such a vessel depends, to a large degree, upon the corrosion state of its ballast tanks, while on the other hand these ballast tanks, located between the outer hull and the cargo tanks, makes routine inspection and maintenance a difficult task. Today, ship's ballast tanks are usuall...

  11. Reducing the cost of ballast tank corrosion: an economic modeling approach

    De Baere, Kris; Verstraelen, Helen; Rigo, Philippe; Van Passel, Steven; Lenaerts, Silvia; Potters, Geert

    2013-01-01

    One of the most relevant problems in ship construction and maintenance nowadays concerns the corrosion in the double hull space ballast tanks of modern merchant vessels. On the one hand, there is a general consensus that the economic life span of such a vessel depends primarily upon the corrosion state of its ballast tanks, while on the other hand, the position of these tanks, squeezed between the outer hull and the loading tanks, makes routine inspection and maintenance almost impossible. To...

  12. Mathematical programming based approaches for classes of complex network problems : economical and sociological applications

    Nasini, Stefano

    2015-01-01

    The thesis deals with the theoretical and practical study of mathematical programming methodologies to the analysis complex networks and their application in economic and social problems. More specifically, it applies models and methods for solving linear and integer programming problems to network models exploiting the matrix structure of such models, resulting in efficient computational procedures and small processing time. As a consequence, it allows the study of larger and more complex n...

  13. A FUTURE APPROACHES, SOCIAL ORGANIZATION AND THEIR ECONOMIC CONSEQUENCES OF THE INFORMATIONAL SOCIETY – KNOWLEDGE SOCIETY

    NICULAE DAVIDESCU; DELIA BABEANU

    2011-01-01

    The paper is the result of scientific study under doctoral thesis “Information Society and its Economic Effects” and contains seven sections: -section 1: “Globalization, Development and Information Society”; -section 2: “The Impact of the “Digital Divide” and “Digital Inequality” Phenomena” ; -section 3: “Information Society –Knowledge Society, Definition, Objectives and Strategies” ; -section 4: “Social Structures and New Life Patterns in Information Society” ; -section 5: “Virtual Organizat...

  14. Analysis of future agricultural change: a farm economics approach applied to Dutch arable farming.

    Wossink, G.A.A.

    1993-01-01

    This study of agricultural change deals simultaneously with: (a) farm planning, ie. the constant adaptation to changing circumstances at the level of the individual farm firm and (b) conditional forecasting, ie. the analysis of alternative agricultural and environmental policy views and their impact.Chapter I gives a general introduction and sets out the objectives and scope of the study. The specific research objectives were: (1) to develop a model system based on farm economics to assess th...

  15. Franchise’s place within sustainable development matrix: an Institutional Economics approach

    Ion POHOAŢĂ; Oana-Ramona SOCOLIUC

    2014-01-01

    The aim of this article is to emphasize the major contribution of franchise, as hybrid institutional arrangement and governance structure, on the mechanism of sustainable development. Transaction costs illustrate a permanent obstacle which hinders healthy, long-term development. Using the theoretical tools of the New Institutional Economics we admit that, placed between the market and the firm, mixed governance structures are able to limit all these costs. Among them, franchise is the closest...

  16. Assertion checking environment (ACE) for formal verification of C programs

    In this paper we describe an Assertion Checking Environment (ACE) for compositional verification of programs, which are written in an industrially sponsored safe subset of C programming language called MISRA C [Guidelines for the Use of the C Language in Vehicle Based Software, 1998]. The theory is based on Hoare logic [Commun. ACM 12 (1969) 576] and the C programs are verified using static assertion checking technique. First the functional specifications of the program, captured in the form of pre- and post-conditions for each C function, are derived from the specifications. These pre- and post-conditions are then introduced as assertions (also called annotations or formal comments) in the program code. The assertions are then proved formally using ACE and theorem proving tool called Stanford Temporal Prover [The Stanford Temporal Prover User's Manual, 1998]. ACE has been developed by us and consists mainly of a translator c2spl, a GUI and some utility programs. The technique and tools developed are targeted towards verification of real-time embedded software

  17. Economic efficiency of e-learning in higher education: An industrial approach

    Jordi Vilaseca

    2008-07-01

    Full Text Available Little work has been yet done to analyse if e-learning is an efficiency way in economic terms to produce higher education, especially because there are not available data in official statistics. Despite of these important constrains, this paper aims to contribute to the study of economic efficiency of e-learning through the analysis of a sample of e-learning universities during a period of time (1997-2002. We have wanted to obtain some empirical evidence to understand if e-learning is a feasible model of providing education for universities and which are the variables that allow for feasibility attainment. The main findings are: 1 that the rise of the number of students enrolled is consistent with increasing labour productivity rates; 2 that cost labour savings are explained by the improvement of universities’ economic efficiency (or total factor productivity; and 3 that improvement of total factor productivity in e-learning production is due to the attainment of scale economies, but also to two organisational innovations: outsourcing processes that leads to the increase of variable costs consistent with decreasing marginal costs, and the sharing of assets’ control and use that allow for a rise in assets rotation.

  18. A hydrologic-economic modeling approach for analysis of urban water supply dynamics in Chennai, India

    Srinivasan, Veena; Gorelick, Steven M.; Goulder, Lawrence

    2010-07-01

    In this paper, we discuss a challenging water resources problem in a developing world city, Chennai, India. The goal is to reconstruct past system behavior and diagnose the causes of a major water crisis. In order to do this, we develop a hydrologic-engineering-economic model to address the complexity of urban water supply arising from consumers' dependence on multiple interconnected sources of water. We integrate different components of the urban water system: water flowing into the reservoir system; diversion and distribution by the public water utility; groundwater flow in the aquifer beneath the city; supply, demand, and prices in the informal tanker-truck-based water market; and consumer behavior. Both the economic and physical impacts of consumers' dependence on multiple sources of water are quantified. The model is calibrated over the period 2002-2006 using a range of hydrologic and socio-economic data. The model's results highlight the inadequacy of the reservoir system and the buffering role played by the urban aquifer and consumers' coping investments during multiyear droughts.

  19. Tokyo Tech–Hitotsubashi Interdisciplinary Conference : New Approaches to the Analysis of Large-Scale Business and Economic Data

    Takayasu, Misako; Takayasu, Hideki; Econophysics Approaches to Large-Scale Business Data and Financial Crisis

    2010-01-01

    The new science of econophysics has arisen out of the information age. As large-scale economic data are being increasingly generated by industries and enterprises worldwide, researchers from fields such as physics, mathematics, and information sciences are becoming involved. The vast number of transactions taking place, both in the financial markets and in the retail sector, is usually studied by economists and management and now by econophysicists. Using cutting-edge tools of computational analysis while searching for regularities and “laws” such as those found in the natural sciences, econophysicists have come up with intriguing results. The ultimate aim is to establish fundamental data collection and analysis techniques that embrace the expertise of a variety of academic disciplines. This book comprises selected papers from the international conference on novel analytical approaches to economic data held in Tokyo in March 2009. The papers include detailed reports on the market behavior during the finan...

  20. No Time for Timidity: A "Buffett" Approach to Weathering the Economic Crisis and Coming out Ahead

    Hesel, Richard A.; Strauss, David W.; Edwards, Benjamin G.

    2009-01-01

    The counterintuitive approach of the world's greatest value investor, Warren Buffett, may be the best hope for colleges and universities during this recession. Buffett's time-tested philosophy of seeking value and investing for the long term remains a sound approach, even if his short-term returns have declined along with those of the rest of the…

  1. ACE2 gene expression is up-regulated in the human failing heart

    Allen Jennifer C

    2004-05-01

    Full Text Available Abstract Background ACE2 is a novel homologue of angiotensin converting enzyme (ACE. ACE2 is highly expressed in human heart and animal data suggest that ACE2 is an essential regulator of cardiac function in vivo. Since overactivity of the renin-angiotensin system contributes to the progression of heart failure, this investigation assessed changes in gene expression of ACE2, ACE, AT1 receptor and renin in the human failing heart. Methods The sensitive technique of quantitative reverse transcriptase polymerase chain reaction was used to determine the level of mRNA expression of ACE and ACE2 in human ventricular myocardium from donors with non-diseased hearts (n = 9, idiopathic dilated cardiomyopathy (IDC, n = 11 and ischemic cardiomyopathy (ICM, n = 12. Following logarithmic transformation of the data, a one-way analysis of variance was performed for each target gene followed by a Dunnett's test to compare the two disease groups IDC and ICM versus control. Results As anticipated, ACE mRNA was found to be significantly increased in the failing heart with a 3.1 and 2.4-fold up-regulation found in IDC and ICM relative to non-diseased myocardium. Expression of ACE2 mRNA was also significantly up-regulated in IDC (2.4-fold increase and ICM (1.8-fold increase versus non-diseased myocardium. No change in angiotensin AT1 receptor mRNA expression was found in failing myocardium and renin mRNA was not detected. Conclusions These data suggest that ACE2 is up-regulated in human IDC and ICM and are consistent with the hypothesis that differential regulation of this enzyme may have important functional consequences in heart failure. This strengthens the hypothesis that ACE2 may be a relevant target for the treatment of heart failure and will hopefully spur further studies to clarify the functional effects in human myocardium of ACE2 derived peptides.

  2. Integrated assessment of policy interventions for promoting sustainable irrigation in semi-arid environments: a hydro-economic modeling approach.

    Blanco-Gutiérrez, Irene; Varela-Ortega, Consuelo; Purkey, David R

    2013-10-15

    Sustaining irrigated agriculture to meet food production needs while maintaining aquatic ecosystems is at the heart of many policy debates in various parts of the world, especially in arid and semi-arid areas. Researchers and practitioners are increasingly calling for integrated approaches, and policy-makers are progressively supporting the inclusion of ecological and social aspects in water management programs. This paper contributes to this policy debate by providing an integrated economic-hydrologic modeling framework that captures the socio-economic and environmental effects of various policy initiatives and climate variability. This modeling integration includes a risk-based economic optimization model and a hydrologic water management simulation model that have been specified for the Middle Guadiana basin, a vulnerable drought-prone agro-ecological area with highly regulated river systems in southwest Spain. Namely, two key water policy interventions were investigated: the implementation of minimum environmental flows (supported by the European Water Framework Directive, EU WFD), and a reduction in the legal amount of water delivered for irrigation (planned measure included in the new Guadiana River Basin Management Plan, GRBMP, still under discussion). Results indicate that current patterns of excessive water use for irrigation in the basin may put environmental flow demands at risk, jeopardizing the WFD's goal of restoring the 'good ecological status' of water bodies by 2015. Conflicts between environmental and agricultural water uses will be stressed during prolonged dry episodes, and particularly in summer low-flow periods, when there is an important increase of crop irrigation water requirements. Securing minimum stream flows would entail a substantial reduction in irrigation water use for rice cultivation, which might affect the profitability and economic viability of small rice-growing farms located upstream in the river. The new GRBMP could contribute

  3. Measuring energy rebound effect in the Chinese economy: An economic accounting approach

    Estimating the magnitude of China's economy-wide rebound effect has attracted much attention in recent years. Most existing studies measure the rebound effect through the additional energy consumption from technological progress. However, in general technological progress is not equivalent to energy efficiency improvement. Consequently, their estimation may be misleading. To overcome the limitation, this paper develops an alternative approach for estimating energy rebound effect. Based on the proposed approach, China's economy-wide energy rebound effect is revisited. The empirical result shows that during the period 1981–2011 the rebound effects in China are between 30% and 40%, with an average value of 34.3%. - Highlights: • This paper develops an alternative approach for estimating energy rebound effect. • The proposed approach is based on the multilevel–hierarchical (M–H) IDA model. • The energy rebound effects in China are estimated between 30% and 40%

  4. Fossil fuel depletion and socio-economic scenarios: An integrated approach

    The progressive reduction of high-quality-easy-to-extract energy is a widely recognized and already ongoing process. Although depletion studies for individual fuels are relatively abundant, few of them offer a global perspective of all energy sources and their potential future developments, and even fewer include the demand of the socio-economic system. This paper presents an Economy-Energy-Environment model based on System Dynamics which integrates all those aspects: the physical restrictions (with peak estimations for oil, gas, coal and uranium), the techno-sustainable potential of renewable energy estimated by a novel top-down methodology, the socio-economic energy demands, the development of alternative technologies and the net CO2 emissions. We confront our model with the basic assumptions of previous Global Environmental Assessment (GEA) studies. The results show that demand-driven evolution, as performed in the past, might be unfeasible: strong energy-supply scarcity is found in the next two decades, especially in the transportation sector before 2020. Electricity generation is unable to fulfill its demand in 2025–2040, and a large expansion of electric renewable energies move us close to their limits. In order to find achievable scenarios, we are obliged to set hypotheses which are hardly used in GEA scenarios, such as zero or negative economic growth. - Highlights: • The paper presents and describes a new Energy–Economy–Environment global model. • GEA scenario dynamics have the potential to lead us to energy resource scarcity in the next 2 decades. • Global forecasts of international agencies show inconsistency in energy constraints. • Renewable energies are only partially able to replace fossil fuels depletion. • Climate change still reaches dangerous dimensions

  5. Comparison of Fixed and Fluidized Beds Adsorber with Economic, Engineering, and Environmental approach

    SEDIGHEH ATRKAR-ROSHAN

    2015-10-01

    Full Text Available Release  Volatile  organic  compounds  (VOCs  as  environmental  and  occupational  pollutant  cause  macro perspective affect such as climate change, humans and economic consequences. Although fixed bed absorber is widely used as a controlling method because of its economically and availability, but these absorbers are facing some issue like high pressure drop, non-uniform distribution of fluid, channeling and blocking. Fixed and fluidized beds adsorbent was compared from three economic, environmental and engineering perspectives using Multi Criteria Decision Making analysis (MCDA technique. An annular fluidized bed adsorber was designed and charged with 50-100 µm (100-140 ASTM mesh activated carbon (AC particles. Effects of factors like flow rate, particle size, inlet concentration and adsorption capacity of VOCs was investigated under steady state. In the flow rate less than 0.25(Lit.min-1, inlet gas slowly passes through the void spaces of the bed’s particles. By increasing the inlet flow from 0.3(Lit/min-1, bubbles start to form in the bed and the bed pressure drop decrease. The pressure drop of 6 (g of AC in minimum fluidization velocity was 20(KN.m-2. However, the pressure drop of 10 and 20(g of AC were 150 and 420(KN.m-2 respectively. “maximin” technique used for comparison of two beds indicated that minimum score of pack bed absorber are 0.37 while the minimum score of fluidized bed adsorber are 0.5. It indicated when the adsorbent particles are smaller, fluidized bed adsorber are more suitable to use. In addition, using MCDA technique indicated that annular fluidized bed adsorber could considered as an alternative of fixed beds adsorber.

  6. [Economic and social policies and the health of the Dominican child: a research approach].

    Mendoza, H

    1991-01-01

    In recent decades the United Nations has established that infant mortality, child mortality, and gross national product are a function of development by observing a clear line of correlation between these factors. Various schemes studying the crisis of the family and poverty have concentrated on the welfare of children measured by their morbidity and mortality and nutritional status. The economic crisis that started at the beginning of the 1970s and peaked during the 1980s in Latin America resulted in the drop of the gross national product, the level of employment, and trade. It led to increased foreign debt, high inflation, currency devaluation, and the transition from an agricultural to an industrial society with urban-service components. The economic crisis increased the percentage of the Dominican population affected by poverty from 30% to 50%. In the 1980s there was a progressive decrease of infant mortality to the average global level. In 1988 the National Center of Maternal-Child Health Investigations conducted a household study on the health and nutritional status of children born in Regions O, IV, and VI by analyzing the socioeconomic situation of the families during this economic crisis. The crisis resulted in: the decrease of income, the increase of black market employment, the decrease in the number of families with access to social programs, and the increase in the costs of education and living. Infant mortality increased from 73% to 80% among infants aged 9-12 months. There was a decrease in malnutrition among those aged less than 2 months of age; however, there was a noteworthy increase in the mortality of malnourished children as well as those with diarrhea and respiratory infections. There was also a slight improvement in living conditions with the decrease of the cost of food, hygiene, and sanitation. PMID:12290547

  7. Economic Implications of Food Demand in Akoko South West, Ondo State, Nigeria: Aids Approach

    Adebisi Temitope Edun

    2013-05-01

    Full Text Available The study examined the socio-economic characteristics of food consuming households, estimated the complete demand functions for some selected common food commodities, their prices and expenditure elasticities in Akoko South West (ASW local government in Ondo state, Nigeria. The study examined demand analysis for food in ASW, using primary data with the use of questionnaire on some selected food-consuming households within the study area. Data collected were subjected to descriptive statistics for estimating demographic variables. The result of the descriptive statistics showed that semolina constituted the largest share of the household total food expenditure, among the low income and rural households but mostly among the married and the medium-size male-headed households who had tertiary-education. The Almost Ideal Demand System results showed that besides being a normal good, price inelastic, and expenditure inelastic, semolina has changed from being a luxury to being a necessity and has become a major food staple in the ASW metropolis. In conclusion, the study discovered that the prices of rice, beans, yam, garri, wheat, yam flour, and semolina were significantly important in the share of household total food budget at constant real income. Finally, the study showed from the result that the importance of semolina in ASW metropolis diet will increase as economic growth continues. This study therefore recommends that effort should be made to boost economic activities of ASW zone. This will increase their income and consequently improve their spending on the nutritious food items. Normal 0 false false false EN-US X-NONE AR-SA

  8. The Cowles Commission Approach, Real Business Cycle Theories, and New Keynesian Economics

    Ray C. Fair

    1992-01-01

    The Cowles Commission approach is reviewed and compared to the approaches of real business cycle (RBC) theorists and new Keynesian economists. It is argued that RBC models are not tested in a serious enough way and that the new Keynesian literature is not empirical enough for testing even to be a serious possibility. Macroeconomics seems to be moving away from its traditional empirical basis, which is sad. This paper argues for returning to the path that was abandoned by most macroeconomists ...

  9. The Economic Impact of Increasing Public Support to ICT R&D: A Modelling Approach

    CHRISTENSEN MARTIN

    2015-01-01

    The report provides a quantitative analysis of the economic impacts of national public support to ICT R&D in the European Union, considering a number of policy scenarios covering different amounts of public spending, policy instruments and sources of financing. For this purpose we use a macroeconomic model with ICT and R&D-driven endogenous growth. The model accommodates a range of policy instruments that may be used to stimulate R&D activity (ICT or non-ICT) in the economy, and it captures m...

  10. The Bayesian Approach to the Economics of One-Time Inventory Policy under Uncertainty

    D. D. Bhattacharya

    1979-10-01

    Full Text Available This paper deals with the one time buy inventory problem of such products for which there is limited information available for demand prediction. The unknown mean demand is treated as random variable whose prior density is defined by a Beta density function. The Baye's rule is then used to redefine the economics of the inventory model under uncertainty about the mean demand. Assuming that no cost is incurred on collection of data, the expected cost of ignorance becomes the limiting value of the expected savings which accure due to the increase in knowledge about the true mean demand.

  11. Trans Pacific Stategic Economic Partnership With Japan, South Korea and China Integrate: General Equilibrium Approach

    Todsadee Areerat; Hiroshi Kameyama; Shoichi Ito; Koh-en Yamauchi

    2012-01-01

    Problem statement: The Trans-Pacific Strategic Economic Partnership Agreement (TPP) is a high standard and broad based Free Trade Agreement that aims to integrate the economies of the Asia-Pacific region. Recently, the US is pressing Japan to join the group. Japan is considering joining the TPP because of the dual considerations of its own economy and the political situation in East Asia. While, South Korea has yet to agree to join the TPP over concerns that their agriculture will be seriou...

  12. The Paradoxes of Growth: toward a Systemic Approach to Economic Theory

    Mauro BONAIUTI

    2008-01-01

    I thought that the best way, for me, to honour G-R’s memories was not simply to show how relevant his contribution has been to the history of economic thought, rather than try to develop his work on bioeconomics, the field to which he dedicated the last 25 years of his life and which he explicitly considered the most important. Georgescu-Roegen’s bioeconomic theory represents first of all a radical criticism of neo-classical theory. It has pointed out the limitations, which are basically of a...

  13. Ports and Economic Impact: main changes, assessment approaches and distribution disequilibrium

    Benacchio, Marco; Musso, Enrico

    2001-01-01

    It is nowadays widely accepted that the positive economic impact of ports tends to move away from a local environment (the earlier 'port city') to a much wider and often international one, including the consignors/consignees. It is thus the purpose of this paper to take a fresh look at the current changes in a ports1 production junction, based on a territorial cost-benefit analysis, i.e. taking into account that: - The port industry is no longer a labour intensive one; - The port indust...

  14. Investigating the buyer-seller relationships in the economic recession: A qualitative approach

    Irene Samanta

    2016-01-01

    The research paper described the in-depth interviews used in investigating the buyer-seller relationships in the e-commerce world during the economic recession in Greece. The data collected from these interviews were analyzed. The qualitative research findings identified how B2B e-commerce has started to change the future of the participating organizations in Greece. Οn the one hand, a number of benefits have occurred from the development of e-business and on the other hand B2B firms need to ...

  15. A Value Transfer Approach for the Economic Estimation of Industrial Pollution: Policy Recommendations.

    Phoebe Koundouri; Nikos Papandreou; Mavra Stithou; Osiel Davila

    2013-01-01

    In order to make possible an economic estimation of industrial pollution, which is one of the main polluters in the Asopos River Basin (RB), another method that of Benefit Transfer (BT) was applied and is presented in this chapter. The fact that gathering primary site-specific data is costly and time-consuming has made BT a more and more popular alternative for the valuation of ecosystem goods and services and it offers a considerable potential in the light of the EU Water Framework Directive...

  16. Integrating socio-economical dimensions in the ICRP cost-benefit model (a theoretical approach)

    This report aims at analysing, from a methodological point of view, the main problems associated with the integration of socio-economical dimensions in the cost-benefit model recommended by the ICRP in its publication no. 26. After recalling the basic principles of cost-benefit analysis, the elements to be retained in the objective function characterizing the analysis, and the question of the social benefit definitions are discussed. The theory of social surplus with an illustration taken from the radiological protection field is presented

  17. Simulation of an Economic Policy on Second Life Using a Conjunctural Analysis Approach

    Yrina JANVIER

    2007-01-01

    Full Text Available This paper intends to define an economic policy that does notcompromise the coordination between the 4 main sectors of an economy: the real sector, the public sector, the exterior sector and the monetary sector. The subject is Second Life (SL a totally virtual world that is starting to occupy a great economicplace especially with e-commerce. For doing so, some data are arbitrarily chosen as done and projections are made from them. Data are expressed in billion of Linden dollars.

  18. Re-Evaluating the Role of Energy Efficiency Standards: A Time-Consistent Behavioral Economics Approach

    Tsvetan Tsvetanov; Kathleen Segerson

    2011-01-01

    The economic models that prescribe Pigovian taxation as the first-best means of reducing energy-related externalities and argue that taxes are superior to energy efficiency standards are typically based on the neoclassical model of rational consumer choice. Yet, observed consumer behavior with regards to energy use and the purchase of energy-using durable goods is generally thought to be far from efficient, giving rise to the concept of the “energy-efficiency gap.” In this paper, we present a...

  19. Is the level of taxation a product of culture? A cultural economics approach.

    Inna Cábelková; Wadim Strielkowski

    2013-01-01

    The role played by the state is one of the most important problems facing economic science. Apart from its role as welfare provider, the state is inevitably confronted by the shared cultural values of its citizens. This paper evaluates the role of culture in explaining the differences in the tax revenues as percentage of GDP on a cross-sectional dataset from 41 countries. The results suggest that the association between shared cultural values, on the one side, and tax revenues as a percentage...

  20. Economic Efficiency of Small-Holder Cocoyam Farmers in Anambra State, Nigeria: A Translog Stochastic Frontier Cost Function Approach

    B.C. Okoye; Onyenweaku, C.E; Asumugha, G.N

    2007-01-01

    This study employed a translog stochastic frontier cost function to measure the level of economic efficiency and it’s determinants in small-holder cocoyam production in Anambra state, Nigeria. A multi-stage random sampling technique was used to select 120 cocoyam farmers in the state in 2005 from whom input-output data and their prices were obtained using the cost-route approach. The parameters of the stochastic frontier cost function were estimated using the maximum likelihood method. The re...

  1. RESEARCH: An Ecoregional Approach to the Economic Valuation of Land- and Water-Based Recreation in the United States

    Bhat; Bergstrom; Teasley; Bowker; Cordell

    1998-01-01

    / This paper describes a framework for estimating the economic value of outdoor recreation across different ecoregions. Ten ecoregions in the continental United States were defined based on similarly functioning ecosystem characters. The individual travel cost method was employed to estimate recreation demand functions for activities such as motor boating and waterskiing, developed and primitive camping, coldwater fishing, sightseeing and pleasure driving, and big game hunting for each ecoregion. While our ecoregional approach differs conceptually from previous work, our results appear consistent with the previous travel cost method valuation studies.KEY WORDS: Recreation; Ecoregion; Travel cost method; Truncated Poisson model PMID:9419285

  2. Adopting a farming systems research approach to carry out an economic and environmental analysis of food supply chains

    Tavella, Elena; Pedersen, Søren Marcus; Gylling, Morten

    2012-01-01

    within agricultural research - known as Farming Systems Research (FSR) support researchers in sharing knowledge and different perspectives concerning the research process and problems. Sharing knowledge and perspectives enables to holistically understand and conceptualise complex systems, as well as to...... Low-input Integrated Breeding and Management) used the guideline to structure, manage and carry out an economic and environmental analysis of the food supply chains of concern. The FSR approach enabled the participants to jointly define and model the structure of the supply chains, identify the...

  3. Sustainable Agriculture- Mandatory Approach for Regional and National Economic Development. Case Study: Tecuci Plain

    Iulian Sorcaru

    2013-02-01

    Full Text Available Romania has a considerable agricultural potential, Tecuci Plain being one of the nationalagricultural regions with high potential, which can generate economic growth at regional and alsonational level.The study main objective is to analyze thedynamics of the main crops, livestock andcrop production in the region, for each administrative unit, between 1970-2011 trying to determinethe major trends and patterns, identifying the favorable and restriction factors and also thepossibilities of thedevelopment of primary economic activities by practicing a sustainableagriculture.The research usedthe data obtainedfrom the Bucharest National Instituteof Statistics,but also fromlocal institutions(Galati&VasluiCounty Department of StatisticsandGalati&VasluiDepartment for Agriculture andRural Development. We also used the cartographic method in orderto highlight the dynamics of the agricultural activities whichcan beanytimeanalyzed bythelocalauthoritiesdirectlyresponsible forthe evolution ofthe region′sagriculturein the last twodecades.The results reflected significantagriculturaldisparities betweenthe ruraladministrativeunitsfromthecentreof theregion(nearTecuci City and the ones from north and south,disparitieswhich webelieveareclosely related totheimplementationof sustainable agriculture.

  4. AN ALTERNATIVE APPROACH TO ENDING ECONOMIC INSECURITY IN NIGERIA: THE ROLE OF REVOLVING CREDIT ASSOCIATION

    Saifullahi Sani Ibrahim

    2012-01-01

    Full Text Available Sustainable development is not possible when significant numbers of labour force are economically paralysed. Several policies were implemented to augment the disadvantaged populace to pave way for enable them to take the advantage of market opportunities. The major obstacles impeded government policies to recorded very little success arises from the failure to incorporate the targeted beneficiary in the design and implementation of such programme. Broader provision of financial support through credit and savings for acquisition of capital goods is crucial for effective economic management, the aim of which is to increase prosperity, equity and sustainability. The study proposed that rural dwellers should organise themselves into Credit Cooperative Societies, which could be used as Informal Financial Unit for Linkage Banking arrangement. The government (at all level can also use these associations to channel their agricultural credit. The Credit Cooperative Societies will be used as a conduit for extending banking services to their members. This arrangement has worked in other places like Ghana and it is hoped to also work in Nigeria.

  5. Agro-economic evaluation of water resource project--a modeling approach.

    Thawale, Prashant; Ghosh, Tarunkanti; Kumar Singh, Sanjeev; Singh, Sanjiv; Kulkarni, Atul

    2012-04-01

    Feasibility of an irrigation project is evaluated by two criteria viz., reservoir capacity to irrigate its command area and economic returns by incremental crop production versus capital investment for dam construction. The annual water requirement of different crops in the command area is estimated and compared with the availability of water from the dam for irrigation purpose. The annual crop water requirement is estimated as the sum of evapotranspiration for crops and transmission and other losses. Evapotranspiration is estimated by modified Penman formula. Economics of crop production is analyzed by first estimating the monetary value of existing crop production under current rain fed conditions and then estimating the incremental production of irrigated command area for the proposed crop pattern. The proposed cropping pattern is prepared so as to maximize the benefit of crop production and fodder requirement while maintaining a better crop rotation to improve and maintain physical, chemical, and biological conditions of the soil. The dam is to be used for irrigation and water supply only. Command area served by this reservoir will be 76,500 ha. The existing annual agricultural return is Rs. 2995.56 lakhs and with the proposed irrigation scheme, it is estimated as Rs. 1,77,91.90 lakhs. The incremental annual return would be Rs. 1,47,96.35 lakhs i.e., 642.68% increase in annual return. PMID:17286175

  6. Different approaches to the Czech and Chinese university students in Business Economics: A teaching experience

    Zuzana Wozniaková

    2016-03-01

    Full Text Available University internationalization in the field of education as well as in the field of science and research is one of the main priorities of VŠB – Technical University of Ostrava. VŠB – Technical University of Ostrava has several double degree agreements with foreign universities, mostly from Western Europe – e.g. Great Britain, Finland, but also with foreign universities outside Europe. In 2009 VŠB – Technical University of Ostrava signed a memorandum with Hubei University of Technology. This cooperation involves travelling of the Czech teachers to China and teaching several subjects at Hubei University of Technology as well as teaching 3rd year Chinese students at VŠB – Technical University of Ostrava (Czech Republic. This paper brings own teaching experience of the European lecturer who gave the lectures at the Chinese university for the Chinese students studying in English. Ishikawa diagram was used to determine the main causes of Chinese students’ failure in Business Economics. This paper brings modified methods of teaching Business Economics to be more suitable for Chinese students as well as critical review of Chinese students’ learning styles and characteristics observed by the author of the paper.

  7. Elevated ACE activity is not associated with asthma, COPD, and COPD co-morbidity

    Lee, Julie; Nordestgaard, Børge G; Dahl, Morten

    2009-01-01

    .4-1.2). The results were similar upon adjustment for sex, age, smoking status, body mass index, total cholesterol, and ACE inhibitor/angiotensin II type 1 receptor blocker use. These data suggest that lifelong genetically elevated ACE activity is not a major risk factor for asthma or COPD, or for ischemic heart......The angiotensin-converting enzyme (ACE) gene is a potential candidate gene for risk of asthma, COPD, and COPD co-morbidity. In 9034 Danish adults, we determined whether individuals homozygous or heterozygous for the ACE D allele are at greater risk of asthma, COPD, or COPD co-morbidity compared...... with ACE II homozygous individuals. In the general population, serum ACE activity increased with the number of D alleles (Kruskal-Wallis ANOVA: II vs. ID, p

  8. Effect of pretreatment on enzymatic hydrolysis of bovine collagen and formation of ACE-inhibitory peptides

    Zhang, Yuhao; Olsen, Karsten; Grossi, Alberto Blak;

    2013-01-01

    Bovine collagen was pre-treated (boiled or high pressure (HP)-treated) and then hydrolysed by 6 proteases. The degree of hydrolysis (DH) and the angiotensin-converting enzyme (ACE)-inhibitory activity of hydrolysates were measured. All enzymes used were able to partly degrade collagen and release...... ACEinhibitory peptides. The highest ACE-inhibitory activity was obtained with Alcalase. Pretreatment significantly influenced the DH and ACE-inhibition. For most enzymes, boiling for 5 min resulted in a significantly higher DH and ACE-inhibitory activity. With Alcalase and collagenase, hydrolysis and release of...... ACE-inhibitory peptides occurred without any pretreatment, but HP-treatment significantly improved the DH and ACE-inhibitory activity. HP did not markedly affect the hydrolysis with the other enzymes. The major peptides obtained with Alcalase were identified; all were released from the triple helix...

  9. A novel chaotic particle swarm optimization approach using Henon map and implicit filtering local search for economic load dispatch

    Particle swarm optimization (PSO) is a population-based swarm intelligence algorithm driven by the simulation of a social psychological metaphor instead of the survival of the fittest individual. Based on the chaotic systems theory, this paper proposed a novel chaotic PSO combined with an implicit filtering (IF) local search method to solve economic dispatch problems. Since chaotic mapping enjoys certainty, ergodicity and the stochastic property, the proposed PSO introduces chaos mapping using Henon map sequences which increases its convergence rate and resulting precision. The chaotic PSO approach is used to produce good potential solutions, and the IF is used to fine-tune of final solution of PSO. The hybrid methodology is validated for a test system consisting of 13 thermal units whose incremental fuel cost function takes into account the valve-point loading effects. Simulation results are promising and show the effectiveness of the proposed approach.

  10. The Pharmacogenetic Footprint of ACE Inhibition: A Population-Based Metabolomics Study.

    Altmaier, Elisabeth; Menni, Cristina; Heier, Margit; Meisinger, Christa; Thorand, Barbara; Quell, Jan; Kobl, Michael; Römisch-Margl, Werner; Valdes, Ana M; Mangino, Massimo; Waldenberger, Melanie; Strauch, Konstantin; Illig, Thomas; Adamski, Jerzy; Spector, Tim; Gieger, Christian; Suhre, Karsten; Kastenmüller, Gabi

    2016-01-01

    Angiotensin-I-converting enzyme (ACE) inhibitors are an important class of antihypertensives whose action on the human organism is still not fully understood. Although it is known that ACE especially cleaves COOH-terminal dipeptides from active polypeptides, the whole range of substrates and products is still unknown. When analyzing the action of ACE inhibitors, effects of genetic variation on metabolism need to be considered since genetic variance in the ACE gene locus was found to be associated with ACE-concentration in blood as well as with changes in the metabolic profiles of a general population. To investigate the interactions between genetic variance at the ACE-locus and the influence of ACE-therapy on the metabolic status we analyzed 517 metabolites in 1,361 participants from the KORA F4 study. We replicated our results in 1,964 individuals from TwinsUK. We observed differences in the concentration of five dipeptides and three ratios of di- and oligopeptides between ACE inhibitor users and non-users that were genotype dependent. Such changes in the concentration affected major homozygotes, and to a lesser extent heterozygotes, while minor homozygotes showed no or only small changes in the metabolite status. Two of these resulting dipeptides, namely aspartylphenylalanine and phenylalanylserine, showed significant associations with blood pressure which qualifies them-and perhaps also the other dipeptides-as readouts of ACE-activity. Since so far ACE activity measurement is substrate specific due to the usage of only one oligopeptide, taking several dipeptides as potential products of ACE into account may provide a broader picture of the ACE activity. PMID:27120469

  11. The Pharmacogenetic Footprint of ACE Inhibition: A Population-Based Metabolomics Study

    Altmaier, Elisabeth; Menni, Cristina; Heier, Margit; Meisinger, Christa; Thorand, Barbara; Quell, Jan; Kobl, Michael; Römisch-Margl, Werner; Valdes, Ana M.; Mangino, Massimo; Waldenberger, Melanie; Strauch, Konstantin; Illig, Thomas; Adamski, Jerzy; Spector, Tim; Gieger, Christian; Suhre, Karsten; Kastenmüller, Gabi

    2016-01-01

    Angiotensin-I-converting enzyme (ACE) inhibitors are an important class of antihypertensives whose action on the human organism is still not fully understood. Although it is known that ACE especially cleaves COOH-terminal dipeptides from active polypeptides, the whole range of substrates and products is still unknown. When analyzing the action of ACE inhibitors, effects of genetic variation on metabolism need to be considered since genetic variance in the ACE gene locus was found to be associated with ACE-concentration in blood as well as with changes in the metabolic profiles of a general population. To investigate the interactions between genetic variance at the ACE-locus and the influence of ACE-therapy on the metabolic status we analyzed 517 metabolites in 1,361 participants from the KORA F4 study. We replicated our results in 1,964 individuals from TwinsUK. We observed differences in the concentration of five dipeptides and three ratios of di- and oligopeptides between ACE inhibitor users and non-users that were genotype dependent. Such changes in the concentration affected major homozygotes, and to a lesser extent heterozygotes, while minor homozygotes showed no or only small changes in the metabolite status. Two of these resulting dipeptides, namely aspartylphenylalanine and phenylalanylserine, showed significant associations with blood pressure which qualifies them—and perhaps also the other dipeptides—as readouts of ACE-activity. Since so far ACE activity measurement is substrate specific due to the usage of only one oligopeptide, taking several dipeptides as potential products of ACE into account may provide a broader picture of the ACE activity. PMID:27120469

  12. Independent Metalloregulation of Ace1 and Mac1 in Saccharomyces cerevisiae

    Keller, Greg; Bird, Amanda; Winge, Dennis R.

    2005-01-01

    Ace1 and Mac1 undergo reciprocal copper metalloregulation in yeast cells. Mac1 is functional as a transcriptional activator in copper-deficient cells, whereas Ace1 is a transcriptional activator in copper-replete cells. Cells undergoing a transition from copper-deficient to copper-sufficient conditions through a switch in the growth medium show a rapid inactivation of Mac1 and a corresponding rise in Ace1 activation. Cells analyzed after the transition show a massive accumulation of cellular ...

  13. Extension of the ACE solar panels is tested in SAEF-II

    1997-01-01

    Extension of the solar panels is tested on the Advanced Composition Explorer (ACE) spacecraft in KSC's Spacecraft Assembly and Encapsulation Facility-II (SAEF-II). Scheduled for launch on a Delta II rocket from Cape Canaveral Air Station on Aug. 25, ACE will study low-energy particles of solar origin and high-energy galactic particles. The collecting power of instruments aboard ACE is 10 to 1,000 times greater than anything previously flown to collect similar data by NASA.

  14. The angiotensin-converting enzyme (ACE) gene family of Anopheles gambiae.

    Isaac R Elwyn; Lee Alison J; Smith Judith A; Burnham Susan; Shirras Alan D

    2005-01-01

    Abstract Background Members of the M2 family of peptidases, related to mammalian angiotensin converting enzyme (ACE), play important roles in regulating a number of physiological processes. As more invertebrate genomes are sequenced, there is increasing evidence of a variety of M2 peptidase genes, even within a single species. The function of these ACE-like proteins is largely unknown. Sequencing of the A. gambiae genome has revealed a number of ACE-like genes but probable errors in the Ensem...

  15. Secoisolariciresinol Diglucoside (SDG) Isolated from Flaxseed, an Alternative to ACE Inhibitors in the Treatment of Hypertension

    Prasad, Kailash

    2013-01-01

    Secoisolariciresionol diglucoside (SDG) is a plant lignan isolated from flaxseed and is phytoestrogen. SDG is a potent and long-acting hypotensive agent. Plant phytoestrogens have inhibitory effects on angiotensin-converting enzyme (ACE). The hypotensive effects of SDG, a phytoestrogen, may be mediated through inhibition of ACE. The objective of this study was to investigate if SDG-induced hypotension is mediated through inhibition of ACE. The Sprague Dawley male rats were anesthetized and tr...

  16. Responsibility and Capitalism. A Phenomenological Way to Approach the Economic Crisis

    Floriana Ferro

    2013-03-01

    Full Text Available The Western world is presently afflicted by a huge economic crisis, started in 2007 in the United States, with the collapse of the subprime mortgage market, and exploded in 2008 with the breakdown of Lehman Brothers[1]. Even if its most critical stage seems to be finished, capitalist countries find it difficult to recover. Globalization exported the effects of the crisis everywhere, but those that suffered the greatest damages are Europe and North America. The collapse of some financial companies is only the top of a huge iceberg. The crisis has roots in something deeper, in the principles and mechanisms of capitalism itself. The Western part of the world is still paying not for the mistakes of a few executives, but for a general lack of ethics in the whole system.

  17. Population and Asset Distributions in Economically Competitive Activities:a Rate-Equation Approach

    KE Jian-Hong; CAI Xiao-Ou; LIN Zhen-Quan

    2004-01-01

    We introduce a simple asset migration model for the wealth redistribution in economical activities, in which a unit of asset migrates from one individual to another whenever they interact. By means of the mean-field rate equation, we have analysed the dynamic behaviour of the system. In the random migration case, the asset distribution of individuals takes the standard Gaussian form and consistently decreases to zero at the end. As for the system in which only the richer can gain assets from the poorer, it is found that the individual asset distribution is discontinuous at a critical point and only the individuals with asset absolute value less than a cutoff value have a uniform and non-zero distribution. Moreover, the result shows that for the system with migration bias the assets of the individuals may have a cutoff value at each given time, which is different from the system without migration bias.

  18. The economic impact of the insured patients with severe chronic and acute illnesses: a qualitative approach

    Budi Aji

    2014-10-01

    Full Text Available Background: Little research has focused on the economic hardship among the insured with severe illnesses and high treatment costs, in particular, the consequence of poorer insurance coverage for high-cost illnesses. Therefore, we presented the case for identifying the experiences of insured patients with severe chronic and acute illnesses. This study identified a qualitative understanding of the economic impact of severe chronic and acute illnesses and household strategies to deal with high treatment costs. Design: Interviews were conducted with 19 insured households of three different health insurance programs with a family member that had been hospitalized for severe chronic or acute illnesses in either Banyumas or Margono Sukarjo hospitals in Banyumas, Central Java, Indonesia. A thematic analysis was applied to guide the interpretation of the data. Results: Insured households with a family member that had been hospitalized for severe chronic and acute illnesses were greatly affected by the high treatment costs. Four major issues emerged from this qualitative study: insured patients are still burdened with high out-of-pocket payments, households adopt various strategies to cope with the high cost of treatments, households experience financial hardships, and positive and negative perceptions of the insured regarding their health insurance coverage for acute and chronic illnesses. Conclusions: Askes and Jamsostek patients faced financial burdens from high cost sharing for hospital amenities, non-covered drugs, and treatments and other indirect costs. Meanwhile, Jamkesmas beneficiaries faced no financial burden for related medical services but were rather burdened with indirect costs for the carers. Households relied on internal resources to cover hospital bills as the first strategy, which included the mobilization of savings, sale of assets, and borrowing of money. External support was tapped secondarily and included financial support from

  19. National approach to economic performance indicators for nuclear power plants: India

    The Indian power sector is currently in a state of transition, moving from a completely regulated market to a completely deregulated one. It is expected that this transition will take quite sometime to complete, as it will be necessary to bridge the substantial gap between electricity supply and demand in the country as a prerequisite to adopting a completely deregulated market. The contribution of nuclear power currently accounts for about 3% of the electricity supply in the country, which is expected to increase in the years to come. With the liberalization of the power sector, there is growing pressure on all generating companies to optimize the tariff for power. With the existing tariff mechanism applicable to nuclear power, the company engaged in generation of nuclear power in India is able to make good profits from its operation provided that the nuclear power plants operate at a high plant load factor. However, there are pressures to reduce the tariff for nuclear power. Currently, the strategy adopted to optimize the cost of nuclear power involves controlling the capital costs of new projects as well as improving the plant load factor of the nuclear power plants. Economic performance indicators other than the safety related performance indicators pertaining to the operation of the nuclear power station being monitored are shown. The performance indicators, namely, capacity factor, availability factor and net generation, are all indirect economic indicators of revenue generation. Cost of heavy water replenished is an element of cost of operation, which varies from plant to plant depending on the efficiency of management of heavy water. Monitoring heavy water loss and controlling it will help reduce the operational cost. The O and M cost and fuel cost are significant elements of operational cost and are monitored with a view to optimizing them and thereby reducing the overall costs. Net profit before tax will directly indicate the earnings of the station after

  20. Analysis of Economic Determinants of Fertility in Iran: A Multilevel Approach

    Maryam Moeeni

    2014-08-01

    Full Text Available Background During the last three decades, the Total Fertility Rate (TFR in Iran has fallen considerably; from 6.5 per woman in 1983 to 1.89 in 2010. This paper analyzes the extent to which economic determinants at the micro and macro levels are associated with the number of children in Iranian households. Methods Household data from the 2010 Household Expenditure and Income Survey (HEIS is linked to provincial data from the 2010 Iran Multiple-Indicator Demographic and Health Survey (IrMIDHS, the National Census of Population and Housing conducted in 1986, 1996, 2006 and 2011, and the 1985–2010 Iran statistical year books. Fertility is measured as the number of children in each household. A random intercept multilevel Poisson regression function is specified based on a collective model of intra-household bargaining power to investigate potential determinants of the number of children in Iranian households. Results Ceteris paribus (other things being equal, probability of having more children drops significantly as either real per capita educational expenditure or real total expenditure of each household increase. Both the low- and the high-income households show probabilities of having more children compared to the middle-income households. Living in provinces with either higher average amount of value added of manufacturing establishments or lower average rate of house rent is associated to higher probability of having larger number of children. Higher levels of gender gap indices, resulting in household’s wife’s limited power over household decision-making, positively affect the probability of having more children. Conclusion Economic determinants at the micro and macro levels, distribution of intra-household bargaining power between spouses and demographic covariates determined fertility behavior of Iranian households.