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Sample records for approach economic methods

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

    Directory of Open Access Journals (Sweden)

    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.

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

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    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.

  3. A Mixed Methods Approach to Equity and Justice Research: Insights from Research on Children's Reasoning About Economic Inequality.

    Science.gov (United States)

    Mistry, Rashmita S; White, Elizabeth S; Chow, Kirby A; Griffin, Katherine M; Nenadal, Lindsey

    2016-01-01

    Mixed methods research approaches are gaining traction across various social science disciplines, including among developmental scientists. In this chapter, we discuss the utility of a mixed methods research approach in examining issues related to equity and justice. We incorporate a brief overview of quantitative and qualitative monomethod research approaches in our larger discussion of the advantages, procedures, and considerations of employing a mixed methods design to advance developmental science from an equity and justice perspective. To better illustrate the theoretical and practical significance of a mixed methods research approach, we include examples of research conducted on children and adolescents' conceptions of economic inequality as one example of developmental science research with an equity and justice frame.

  4. Evolutionary approaches of economic dynamics (In French)

    OpenAIRE

    Yildizoglu, Murat

    2009-01-01

    This chapter presents the methods and contributions of evolutionary approach to economic dynamics. First, we expose why economic dynamics can indeed be considered as evolutionary. Second, we discuss sources of diversity and selection mechanisms that drive these dynamics, in the context of industrial dynamics. Third, we expose the main methods of this approach. Last, we give a partial survey of this approach’s contributions in economic systems covering a full spectrum, from organizational to m...

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

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    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

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

    NARCIS (Netherlands)

    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

  7. Personnel economics: An economic approach to human resource management

    OpenAIRE

    Backes-Gellner, Uschi

    2004-01-01

    The theoretical idea of personnel economics is to apply simple economic principles to the field of human resources management. Personnel economics as a research field has grown rapidly since the first text book on 'Personnel Economics' was published in 1998. The development is driven by new theoretical insights based on institutional and behavioural economics and new empirical methods and data sets. Those new theoretical insights are very fruitful to analyze reasons and consequences of variou...

  8. The Approach of Ecological Economics

    OpenAIRE

    John M. Gowdy; Jon D Erickson

    2004-01-01

    This paper discusses the major tenets of ecological economics - including value pluralism, methodological pluralism, and multi-criteria policy assessment. Ecological economics offers viable alternatives to the theoretical foundations and policy recommendations of neoclassical welfare economics. A revolution in neoclassical economics is currently taking place and the core assumptions of welfare economics are being replaced with more realistic models of consumer and firm behavior. But we argue ...

  9. Analysis of Scientific and Methodical Approaches to Portfolio Investment as a Tool of Financial Provision of Sustainable Economic Development

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    Leus Daryna V.

    2013-12-01

    Full Text Available The article analyses scientific and methodical approaches to portfolio investment. It develops recommendations on specification of the categorical apparatus of portfolio investment in the context of differentiation of strategic (direct and portfolio investments as alternative approaches to the conduct of investment activity. It identifies the composition and functions of objects and subjects of portfolio investment under conditions of globalisation of the world financial markets. It studies main postulates of the portfolio theory and justifies a necessity of identification of the place, role and functions of subjects of portfolio investment in them for ensuring sustainable development of the economy. It offers to specify, as one of the ways of further development of portfolio theories, a separate direction in the financial provision of economy with consideration of ecologic and social components – socio responsible investment.

  10. Choosing the best method of depreciating assets and after-tax economic analysis under uncertainty using fuzzy approach

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    Saeed Khalili

    2014-08-01

    Full Text Available In the past, different methods for asset depreciation have been defined but most of these procedures deal with certain parameters and inputs. The availability of certain parameters in many real world situations is difficult and sometimes impossible. The primary objective of this paper is to obtain methods for calculating depreciation where some of the defined parameters are under uncertainty. Hence, by using the fuzzy science basics, extension principle and α-cut technique, we rewrite some classic methods for calculating depreciation in fuzzy form. Then, for comparing the methods of fuzzy depreciation under uncertain conditions by using the formula of calculating the Fuzzy Present worth (FPW, the Present worth of Tax saving (PWTS of any aforementioned methods has been obtained. Finally, since the amount of tax savings achieved for each of the methods is a fuzzy number, one of the fuzzy prioritization methods is used in order to select the best depreciation technique.

  11. A Process-Discursive Approach to Community Economic Development.

    Science.gov (United States)

    Walter, G. R.

    2003-01-01

    When market-based growth fails to improve community economic development, an alternative approach to economic analysis is a process-discursive method, which considers the roles of human agents and importance of information about reality as experienced by individuals. The process model of community-sensitive transformation is participatory and can…

  12. Implementation of Potential of the Transdisciplinary Approaches in Economic Studies

    Science.gov (United States)

    Stepanova, Tatiana E.; Manokhina, Nadeghda V.; Konovalova, Maria E.; Kuzmina, Olga Y.; Andryukhina, Lyudmila M.

    2016-01-01

    The relevance of the researched problem is caused by the increasing interest in using potential of transdisciplinary approaches, and mathematical methods, which include the game theory in analysis of public and economic processes. The aim of the article is studying a possibility of implementation of the transdisciplinary approaches in economic…

  13. Economic modeling using artificial intelligence methods

    CERN Document Server

    Marwala, Tshilidzi

    2013-01-01

    This book examines the application of artificial intelligence methods to model economic data. It addresses causality and proposes new frameworks for dealing with this issue. It also applies evolutionary computing to model evolving economic environments.

  14. The economic approach to the time research

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    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.

  15. Institutional economics and economic organisation theory : an integrated approach

    NARCIS (Netherlands)

    Slangen, L.H.G.; Loucks, L.; Slangen, A.H.L.

    2008-01-01

    This publication presents one of the first attempts to integrate two emerging bodies of economic research: institutional economics and organizational theory. It begins within the framework of neoclassical economics, and then extends the boundaries of this framework to offer answers to questions that

  16. Institutional economics and economic organisation theory: An integrated approach

    NARCIS (Netherlands)

    Slangen, L.H.G.; Loucks, L.A.; Slangen, A.H.L.

    2008-01-01

    This publication presents one of the first attempts to integrate two emerging bodies of economic research: institutional economics and organizational theory. It begins within the framework of neoclassical economics, and then extends the boundaries of this framework to offer answers to questions that

  17. Approaches to economic evaluations of stroke rehabilitation.

    Science.gov (United States)

    Craig, Louise E; Wu, Olivia; Bernhardt, Julie; Langhorne, Peter

    2014-01-01

    Many stroke rehabilitation services and interventions are complex in that they involve a number of components, interactions, and outcomes. Much of the onus of stroke care lies with rehabilitation services and because stroke rehabilitation is highly resource intensive, it is important for policy makers to consider the potential trade-offs between all relevant costs and benefits. The primary aim of this systematic review was to assess the methods used to conduct economic evaluations of stroke rehabilitation. Studies that compared two or more alternative stroke rehabilitation interventions or services with the costs and outcomes being examined for each alternative were included. EMBASE, MEDLINE In-Process, and National Health Service's Economic Evaluation Database were searched using search strategies. The methodological quality of the included studies was appraised using a checklist for the conduct and reporting of economic evaluations. Twenty-one studies met the selection criteria. The economic evaluations in the majority of these studies were inadequate based on their ability to identify, measure, and value all resources and benefits pertinent to the complexity of stroke rehabilitation. This study highlights that complex interventions such as stroke rehabilitation have widespread effects, which may not be represented by the changes on a single outcome. This study recommends the adoption of a wider cost and benefit perspective in the economic evaluations of complex interventions. It supports a move away from conventional economic evaluation and decision making, based purely on cost-effectiveness, toward multicriteria decision analysis frameworks for complex interventions, where a broader range of criteria may be assessed by policy makers.

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

    Science.gov (United States)

    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…

  19. Behavioral law and economics: Empirical methods

    OpenAIRE

    Engel, Christoph

    2013-01-01

    Originally, behavioral law and economics was an exercise in exploring the implications of key findings from behavioral economics (and psychology) for the analysis and reform of legal institutions. Yet as the new discipline matures, it increasingly replaces foreign evidence by fresh evidence, directly targeted to the legal research question. This chapter surveys the key methods: field evidence, survey data, vignette and lab experiment, discusses their pros and cons, illustrates them with key p...

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

    Institute of Scientific and Technical Information of China (English)

    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.

  1. BEHAVIORAL INPUTS TO THE THEORETICAL APPROACH OF THE ECONOMIC CRISIS

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    Sinziana BALTATESCU

    2015-09-01

    Full Text Available The current economic and financial crisis gave room for the theoretical debates to reemerge. The economic reality challenged the mainstream neoclassical approach leaving the opportunity for the Austrian School, Post Keynesianism or Institutionalists to bring in front theories that seem to better explain the economic crisis and thus, leaving space for more efficient economic policies to result. In this context, the main assumptions of the mainstream theoretical approach are challenged and reevaluated, behavioral economics is one of the main challengers. Without developing in an integrated school of thought yet, behavioral economics brings new elements within the framework of economic thinking. How are the main theoretical approaches integrating these new elements and whether this process is going to narrow the theory or enrich it to be more comprehensive are questions to which this paper tries to answer, or, at least, to leave room for an answer.

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

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    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.

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

    OpenAIRE

    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...

  4. Intellectual Property: The Law and Economics Approach

    OpenAIRE

    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...

  5. Economic Benefits: Metrics and Methods for Landscape Performance Assessment

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    Zhen Wang

    2016-04-01

    Full Text Available This paper introduces an expanding research frontier in the landscape architecture discipline, landscape performance research, which embraces the scientific dimension of landscape architecture through evidence-based designs that are anchored in quantitative performance assessment. Specifically, this paper summarizes metrics and methods for determining landscape-derived economic benefits that have been utilized in the Landscape Performance Series (LPS initiated by the Landscape Architecture Foundation. This paper identifies 24 metrics and 32 associated methods for the assessment of economic benefits found in 82 published case studies. Common issues arising through research in quantifying economic benefits for the LPS are discussed and the various approaches taken by researchers are clarified. The paper also provides an analysis of three case studies from the LPS that are representative of common research methods used to quantify economic benefits. The paper suggests that high(er levels of sustainability in the built environment require the integration of economic benefits into landscape performance assessment portfolios in order to forecast project success and reduce uncertainties. Therefore, evidence-based design approaches increase the scientific rigor of landscape architecture education and research, and elevate the status of the profession.

  6. Heterogeneous Computing in Economics: A Simplified Approach

    DEFF Research Database (Denmark)

    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 ...

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

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    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.

  8. Quantitative methods for management and economics

    CERN Document Server

    Chakravarty, Pulak

    2009-01-01

    ""Quantitative Methods for Management and Economics"" is specially prepared for the MBA students in India and all over the world. It starts from the basics, such that even a beginner with out much mathematical sophistication can grasp the ideas and then comes forward to more complex and professional problems. Thus, both the ordinary students as well as ""above average: i.e., ""bright and sincere"" students would be benefited equally through this book.Since, most of the problems are solved or hints are given, students can do well within the short duration of the semesters of their busy course.

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

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    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.

  10. Schumpeter Innovation Theory: Contemporary Approach to Economic Ideas

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    Zhylinska O. J.

    2013-02-01

    Full Text Available The author expanded the meaning of J. Shumpeter innovative approaches in the designing of cognitive tools of researching the economic development problems from the standpoint of becoming the methodological principles of nonclassical and postnonclassical science.

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

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    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.

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

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    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. An Organizational Economics Approach to Organizational Change in Emerging Economies

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    Meisam Karami

    2014-04-01

    Full Text Available 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 economies. The proposed approach has practical implications for government and organizations concerned with long-term development in emerging economies. It may provide a useful lens in studying the impact of government policies on organizational change in transitional economies.

  14. Higher Economic Education System. A Postindustrial Approach

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    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.

  15. Evolution of approaches to economic security problems in Europe

    OpenAIRE

    Kuznetsov, Alexey; Toganova, Natalia; Gutnik, Anna

    2010-01-01

    The report, written by the experts of the Center for European Studies of IMEMO RAN – Dr. Alexey Kuznetsov, Natalia Toganova and Anna Gutnik – analyzes the evolution of the approaches to the problems of economic security in Europe. The report is prepared for the Commission of the Euro-Atlantic Security Initiative (EASI). The authors analyze the reasons why some economic problems in Europe cause the attention as the security problems. The report presents a study on transformation of the appr...

  16. Mathematical Methods of Game and Economic Theory

    CERN Document Server

    Aubin, J-P

    1982-01-01

    This book presents a unified treatment of optimization theory, game theory and a general equilibrium theory in economics in the framework of nonlinear functional analysis. It not only provides powerful and versatile tools for solving specific problems in economics and the social sciences but also serves as a unifying theme in the mathematical theory of these subjects as well as in pure mathematics itself.

  17. Traditional vs. Modern Approaches in Business English Teaching in the Economic Field

    OpenAIRE

    2013-01-01

    This paper aims to examine different techniques and approaches used in teaching and learning business English in the economic field. Besides applying the already well-known methods used in second language acquisition, we also tried to incorporate computer-mediated communication into the communicative approach. At all times, the choice of the methods and approaches used in teaching business English has focused on our students' needs in their vocation or job. We worked with two groups of studen...

  18. Identity and individual economic agents: a narrative approach

    NARCIS (Netherlands)

    J.B. Davis

    2010-01-01

    This paper offers an account of how individuals act as agents when we employ a narrative approach to explaining their personal identities. It applies Korsgaard's idea of a "reflective structure of consciousness" to provide foundations for a richer account of the individual economic agent, and uses t

  19. Identity and individual economic agents: a narrative approach

    NARCIS (Netherlands)

    J.B. Davis

    2009-01-01

    This paper offers an account of how individuals act as agents when we employ a narrative approach to explaining their personal identities. It applies Korsgaard's idea of a "reflective structure of consciousness" to provide foundations for a richer account of the individual economic agent, and uses t

  20. A Dooyeweerd-based approach to regional economic development

    NARCIS (Netherlands)

    Aay, H; Van Langevelde, A

    2005-01-01

    Within regional science there is a need for a general theory of regional economic development, one that evaluates and integrates existing approaches. In this paper, the philosophy of Herman Dooyeweerd is used as a basis for conceptualising the contours of such a theory. Contributions of this philoso

  1. Economic valuation of patents methods and applications

    CERN Document Server

    Munari, F

    2011-01-01

    The Economic Valuation of Patents provides an original and essential analysis of patent valuation, presenting the main methodologies to value patents in different contexts. Starting with an analysis of the relevance of patent valuation from a strategic, economic and legal perspective, the book undertakes a thorough review of the existing financial and qualitative valuation methodologies. The contributing authors, IP experts from academia and business, discuss the application of valuation issues in various contexts such as patent portfolio management, licensing agreements, IP litigation, IP-bac

  2. The personnel economics approach to public workforce research.

    Science.gov (United States)

    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.

  3. ORGANIZATIONAL METHODS OF SEMINAR-DISPUTE ON ECONOMICS SPECIALTIES

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    Tatiana ANDREEVA

    2015-12-01

    Full Text Available Actuality. The topic of teaching economic disciplines has always been relevant and useful. The article considers the technique of organization and of the seminar-dispute on economic subjects. In this paper there are also identified criteria for evaluating the participants of the seminar-dispute. Methods of teaching economic disciplines in higher education are held by holding lectures and seminars. The seminar provides an opportunity to determine the degree of independence and responsibility, to rise creativity in every student. The purpose is to disclose the main objectives of the seminar-dispute, which as a result of the preliminary work on the program material, the teacher and students are in a situation of direct active communication during performance of students on topics arising between discussion and generalizations by teacher, bu solving the problem of cognitive, developmental and educational character that imparted methodological and practical skills to students. Methods. Logical and descriptive, monographic, analysis and synthesis. Results. It should be concluded that in preparation for the seminar, students acquire the skills to work with the book, read the analysis, selection of the main and necessary speeches for the report, , and systematizing the selected materials. Students learn to clearly express their thoughts, work out the ability to speak without papers to prove their beliefs, to establish contact with the audience, etc. Accordingly, it is best to choose the topics of the seminar where the student must not only learn certain information, but also find a solution. One of the most popular forms of classes in the framework of methodological approaches to the teaching of economic disciplines is a seminar-dispute.

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

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    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.

  5. A (reactive) lattice-gas approach to economic cycles

    Science.gov (United States)

    Ausloos, Marcel; Clippe, Paulette; Miśkiewicz, Janusz; Peķalski, Andrzej

    2004-12-01

    A microscopic approach to macroeconomic features is intended. A model for macroeconomic behavior under heterogeneous spatial economic conditions is reviewed. A birth-death lattice gas model taking into account the influence of an economic environment on the fitness and concentration evolution of economic entities is numerically and analytically examined. The reaction-diffusion model can also be mapped onto a high-order logistic map. The role of the selection pressure along various dynamics with entity diffusion on a square symmetry lattice has been studied by Monte-Carlo simulation. The model leads to a sort of phase transition for the fitness gap as a function of the selection pressure and to cycles. The control parameter is a (scalar) “business plan”. The business plan(s) allows for spin-offs or merging and enterprise survival evolution law(s), whence bifurcations, cycles and chaotic behavior.

  6. Transaction Costs and Economic Performance: An Institutional Approach

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    Cosmin MARINESCU

    2012-12-01

    Full Text Available The institutional arrangements, such as the property private order, market, law and other social institutions, governance, cannot function without certain costs. Such costs are not generally or necessarily measurable, but their identification helps understanding how the economic activity is organised and, therefore, appropriately explaining its performances. The study illustrates the fundamental theoretical research on the issue of transaction costs, as reflected in the institutional analysis entitled “Transaction Costs Economics”. The inherent connection between the transaction costs and the entrepreneurial activity indicates the need to restate and extend the neoclassical approach. The argument calls up the institutional context of the property rights, which are in fact decisive for the manifestation of entrepreneurship. The restatement of the approach relates to knowing the fact that the property rights and the transaction costs influence the entrepreneurial activity and, therefore, the overall economic performances.

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

    Directory of Open Access Journals (Sweden)

    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.

  8. Modern environmental and economic approach of mining industry

    Directory of Open Access Journals (Sweden)

    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

  9. Economism

    Directory of Open Access Journals (Sweden)

    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.

  10. [Rational drug use: an economic approach to decision making].

    Science.gov (United States)

    Mota, Daniel Marques; da Silva, Marcelo Gurgel Carlos; Sudo, Elisa Cazue; Ortún, Vicente

    2008-04-01

    The present article approaches rational drug use (RDU) from the economical point of view. The implementation of RDU implies in costs and involves acquisition of knowledge and behavioral changes of several agents. The difficulties in implementing RDU may be due to shortage problems, information asymmetry, lack of information, uncertain clinical decisions, externalities, time-price, incentives for drug prescribers and dispensers, drug prescriber preferences and marginal utility. Health authorities, among other agencies, must therefore regularize, rationalize and control drug use to minimize inefficiency in pharmaceutical care and to prevent exposing the population to unnecessary health risks.

  11. Economic capacity estimation in fisheries: A non-parametric ray approach

    Energy Technology Data Exchange (ETDEWEB)

    Pascoe, Sean; Tingley, Diana [Centre for the Economics and Management of Aquatic Resources (CEMARE), University of Portsmouth, Boathouse No. 6, College Road, HM Naval Base, Portsmouth PO1 3LJ (United Kingdom)

    2006-05-15

    Data envelopment analysis (DEA) has generally been adopted as the most appropriate methodology for the estimation of fishing capacity, particularly in multi-species fisheries. More recently, economic DEA methods have been developed that incorporate the costs and benefits of increasing capacity utilisation. One such method was applied to estimate the capacity utilisation and output of the Scottish fleet. By comparing the results of the economic and traditional DEA approaches, it can be concluded that many fleet segments are operating at or close to full capacity, and that the vessels defining the frontier are operating consistent with profit maximising behaviour. (author)

  12. Discounts and their Effects - Economic and Legal Approach

    Directory of Open Access Journals (Sweden)

    Funta Rastislav

    2015-02-01

    Full Text Available The present article discusses the economic and legal effects of single-product loyalty discounts. It is clear that arguments concerning the “pro-competitive” effects of such discounts must be judged with skepticism. This applies in particular to the assumed effects of loyalty discounts resulting from double profit surcharges or falling average costs, as well as in the context of price discrimination. I argue that many of the alleged effects could also be achieved with discount forms where the risk of restrictive effects on competition should be lower. Also, the assumed anti-competitive effects of loyalty discounts must be better justified economically. This article suggests using a form-based approach for the assessment of discount schemes. However, this should not amount to a restrictive assessment of certain discount schemes. For the development of such a form-based approach, it is necessary to review the theories about pro-competitive and anti-competitive effects. Therefore, this article attempts to identify which positive effects are more likely to be achieved by means of which discount forms and under which circumstances.

  13. Islamic Economics and Happiness Economics a Case Study on the Role of Central Banks in Approaching Human Wellbeing

    Directory of Open Access Journals (Sweden)

    Fouad H. Beseiso

    2016-12-01

    Full Text Available This study explores the role played by the Islamic Economics in approaching Happiness Economics with a case study on the role of central banks in achieving human wellbeing. The study concluded that while a revolution emerged in the economic sciences field which is more effective and efficient, if accurately followed, in approaching human wellbeing, Central banking and the financial sector remained within its traditional role and functions aiming at economic and monetary stability. Only Islamic Banking and Finance and within the Islamic Economics from conceptual and pragmatic basis could be considered a welcomed development which might be building a corner stone for enabling a new role for banking and finance sector for approaching happiness economics from national to global perspective. 

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

    Directory of Open Access Journals (Sweden)

    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.

  15. A CONTINUING APPROACH, FROM FINANCIAL ECONOMICS TO FINANCIAL ECONOMETRICS OR THE ECONOMETRIC THINKING APPLIED TO FINANCIAL ECONOMICS

    OpenAIRE

    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...

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

    Directory of Open Access Journals (Sweden)

    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

  17. Economics methods in Cochrane systematic reviews of health promotion and public health related interventions

    Directory of Open Access Journals (Sweden)

    McDaid David

    2006-11-01

    Full Text Available Abstract Background Provision of evidence on costs alongside evidence on the effects of interventions can enhance the relevance of systematic reviews to decision-making. However, patterns of use of economics methods alongside systematic review remain unclear. Reviews of evidence on the effects of interventions are published by both the Cochrane and Campbell Collaborations. Although it is not a requirement that Cochrane or Campbell Reviews should consider economic aspects of interventions, many do. This study aims to explore and describe approaches to incorporating economics methods in a selection of Cochrane systematic reviews in the area of health promotion and public health, to help inform development of methodological guidance on economics for reviewers. Methods The Cochrane Database of Systematic Reviews was searched using a search strategy for potential economic evaluation studies. We included current Cochrane reviews and review protocols retrieved using the search that are also identified as relevant to health promotion or public health topics. A reviewer extracted data which describe the economics components of included reviews. Extracted data were summarised in tables and analysed qualitatively. Results Twenty-one completed Cochrane reviews and seven review protocols met inclusion criteria. None incorporate formal economic evaluation methods. Ten completed reviews explicitly aim to incorporate economics studies and data. There is a lack of transparent reporting of methods underpinning the incorporation of economics studies and data. Some reviews are likely to exclude useful economics studies and data due to a failure to incorporate search strategies tailored to the retrieval of such data or use of key specialist databases, and application of inclusion criteria designed for effectiveness studies. Conclusion There is a need for consistency and transparency in the reporting and conduct of the economics components of Cochrane reviews, as

  18. A Transactions Cost Economics Approach to Defense Acquisition Management

    Science.gov (United States)

    2006-12-30

    and economic organization. American Economic Review , 62, 777-795. Ashby, W. R. (1960). An introduction to cybernetics. London: Chapman & Hall... American Economic Review , 77, 168-185. Kadish et al. (2005, December). Defense acquisition performance assessment for the Acting Deputy Secretary...k^s^i=mlpqdo^ar^qb=p`elli= = Krueger, A. (1974). The political economy of the rent-seeking society. American Economic Review , 64, 291-303. Levy, B

  19. Measuring energy efficiency in economics: Shadow value approach

    Science.gov (United States)

    Khademvatani, Asgar

    For decades, academic scholars and policy makers have commonly applied a simple average measure, energy intensity, for studying energy efficiency. In contrast, we introduce a distinctive marginal measure called energy shadow value (SV) for modeling energy efficiency drawn on economic theory. This thesis demonstrates energy SV advantages, conceptually and empirically, over the average measure recognizing marginal technical energy efficiency and unveiling allocative energy efficiency (energy SV to energy price). Using a dual profit function, the study illustrates how treating energy as quasi-fixed factor called quasi-fixed approach offers modeling advantages and is appropriate in developing an explicit model for energy efficiency. We address fallacies and misleading results using average measure and demonstrate energy SV advantage in inter- and intra-country energy efficiency comparison. Energy efficiency dynamics and determination of efficient allocation of energy use are shown through factors impacting energy SV: capital, technology, and environmental obligations. To validate the energy SV, we applied a dual restricted cost model using KLEM dataset for the 35 US sectors stretching from 1958 to 2000 and selected a sample of the four sectors. Following the empirical results, predicted wedges between energy price and the SV growth indicate a misallocation of energy use in stone, clay and glass (SCG) and communications (Com) sectors with more evidence in the SCG compared to the Com sector, showing overshoot in energy use relative to optimal paths and cost increases from sub-optimal energy use. The results show that energy productivity is a measure of technical efficiency and is void of information on the economic efficiency of energy use. Decomposing energy SV reveals that energy, capital and technology played key roles in energy SV increases helping to consider and analyze policy implications of energy efficiency improvement. Applying the marginal measure, we also

  20. Approaches to diagnosis social and economic potential of regions as the basis for effective management strategies

    Directory of Open Access Journals (Sweden)

    N.V. Kuzminchuk

    2016-12-01

    Full Text Available The aim of article. The aim of article is development and justification of the directions of an effective strategy of regional development based on quantitative evaluation and analysis of the socio-economic potential of the region. The results of the analysis. In the article the methods of quantitative evaluation and analysis of the socio-economic potential of the region (in terms of regional resources, resulting in a set that is still no unified system of regional development and general methods of combining these indicators into one integrated quantitative index. All this creates problems when assessing and managing the development of the region. Based on the concept of socio-economic potential of the region, proposed the evaluation of regional resources to carry out the following blocks: human resources, property potential social potential. Summarizing the analysis of views of scientists on the possible assessment of the level of socio-economic potential of the region, we note that despite the constant improvement of definitions and study the factors that influence its components (human resources, property potential social potential scorecard is imperfect and methodical approach to determine the integral index of socio-economic potential – incomplete or representative. The value of the proposed approach is the ability to explore and comprehensively assess the current level of social and economic potential of the region at any given time. The proposed system of indicators to assess regional resources will solve the problem of lack of unity in the evaluation of selected indicators and provide an opportunity to determine the main direction of improvement of regional development based on the results. The main directions of effective strategy of regional development based on the results of quantitative assessment and analysis of the socio-economic potential of the region should increase national wealth by optimizing the use of resources in the

  1. Comparing top-down and bottom-up costing approaches for economic evaluation within social welfare.

    Science.gov (United States)

    Olsson, Tina M

    2011-10-01

    This study compares two approaches to the estimation of social welfare intervention costs: one "top-down" and the other "bottom-up" for a group of social welfare clients with severe problem behavior participating in a randomized trial. Intervention costs ranging over a two-year period were compared by intervention category (foster care placement, institutional placement, mentorship services, individual support services and structured support services), estimation method (price, micro costing, average cost) and treatment group (intervention, control). Analyses are based upon 2007 costs for 156 individuals receiving 404 interventions. Overall, both approaches were found to produce reliable estimates of intervention costs at the group level but not at the individual level. As choice of approach can greatly impact the estimate of mean difference, adjustment based on estimation approach should be incorporated into sensitivity analyses. Analysts must take care in assessing the purpose and perspective of the analysis when choosing a costing approach for use within economic evaluation.

  2. An approach for economic analysis of intermodal transportation.

    Science.gov (United States)

    Sahin, Bahri; Yilmaz, Huseyin; Ust, Yasin; Guneri, Ali Fuat; Gulsun, Bahadir; Turan, Eda

    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 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.

  3. An Approach for Economic Analysis of Intermodal Transportation

    Directory of Open Access Journals (Sweden)

    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.

  4. THE WAY OF PROCESSING DATA IN APPROACHING ECONOMIC APPLICATIONS

    Directory of Open Access Journals (Sweden)

    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.

  5. Economic Evaluation of Obesity Prevention in Early Childhood: Methods, Limitations and Recommendations

    Science.gov (United States)

    Döring, Nora; Mayer, Susanne; Rasmussen, Finn; Sonntag, Diana

    2016-01-01

    Despite methodological advances in the field of economic evaluations of interventions, economic evaluations of obesity prevention programmes in early childhood are seldom conducted. The aim of the present study was to explore existing methods and applications of economic evaluations, examining their limitations and making recommendations for future cost-effectiveness assessments. A systematic literature search was conducted using PubMed, Cochrane Library, the British National Health Service Economic Evaluation Databases and EconLit. Eligible studies included trial-based or simulation-based cost-effectiveness analyses of obesity prevention programmes targeting preschool children and/or their parents. The quality of included studies was assessed. Of the six studies included, five were intervention studies and one was based on a simulation approach conducted on secondary data. We identified three main conceptual and methodological limitations of their economic evaluations: Insufficient conceptual approach considering the complexity of childhood obesity, inadequate measurement of effects of interventions, and lack of valid instruments to measure child-related quality of life and costs. Despite the need for economic evaluations of obesity prevention programmes in early childhood, only a few studies of varying quality have been conducted. Moreover, due to methodological and conceptual weaknesses, they offer only limited information for policy makers and intervention providers. We elaborate reasons for the limitations of these studies and offer guidance for designing better economic evaluations of early obesity prevention. PMID:27649218

  6. Economic Evaluation of Obesity Prevention in Early Childhood: Methods, Limitations and Recommendations

    Directory of Open Access Journals (Sweden)

    Nora Döring

    2016-09-01

    Full Text Available Despite methodological advances in the field of economic evaluations of interventions, economic evaluations of obesity prevention programmes in early childhood are seldom conducted. The aim of the present study was to explore existing methods and applications of economic evaluations, examining their limitations and making recommendations for future cost-effectiveness assessments. A systematic literature search was conducted using PubMed, Cochrane Library, the British National Health Service Economic Evaluation Databases and EconLit. Eligible studies included trial-based or simulation-based cost-effectiveness analyses of obesity prevention programmes targeting preschool children and/or their parents. The quality of included studies was assessed. Of the six studies included, five were intervention studies and one was based on a simulation approach conducted on secondary data. We identified three main conceptual and methodological limitations of their economic evaluations: Insufficient conceptual approach considering the complexity of childhood obesity, inadequate measurement of effects of interventions, and lack of valid instruments to measure child-related quality of life and costs. Despite the need for economic evaluations of obesity prevention programmes in early childhood, only a few studies of varying quality have been conducted. Moreover, due to methodological and conceptual weaknesses, they offer only limited information for policy makers and intervention providers. We elaborate reasons for the limitations of these studies and offer guidance for designing better economic evaluations of early obesity prevention.

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

    Directory of Open Access Journals (Sweden)

    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.

  8. Ecosystems, ecological restoration, and economics: does habitat or resource equivalency analysis mean other economic valuation methods are not needed?

    Science.gov (United States)

    Shaw, W Douglass; Wlodarz, Marta

    2013-09-01

    Coastal and other area resources such as tidal wetlands, seagrasses, coral reefs, wetlands, and other ecosystems are often harmed by environmental damage that might be inflicted by human actions, or could occur from natural hazards such as hurricanes. Society may wish to restore resources to offset the harm, or receive compensation if this is not possible, but faces difficult choices among potential compensation projects. The optimal amount of restoration efforts can be determined by non-market valuation methods, service-to-service, or resource-to-resource approaches such as habitat equivalency analysis (HEA). HEA scales injured resources and lost services on a one-to-one trade-off basis. Here, we present the main differences between the HEA approach and other non-market valuation approaches. Particular focus is on the role of the social discount rate, which appears in the HEA equation and underlies calculations of the present value of future damages. We argue that while HEA involves elements of economic analysis, the assumption of a one-to-one trade-off between lost and restored services sometimes does not hold, and then other non-market economic valuation approaches may help in restoration scaling or in damage determination.

  9. Economic growth rate management by soft computing approach

    Science.gov (United States)

    Maksimović, Goran; Jović, Srđan; Jovanović, Radomir

    2017-01-01

    Economic growth rate management is very important process in order to improve the economic stability of any country. The main goal of the study was to manage the impact of agriculture, manufacturing, industry and services on the economic growth rate prediction. Soft computing methodology was used in order to select the inputs influence on the economic growth rate prediction. It is known that the economic growth may be developed on the basis of combination of different factors. Gross domestic product (GDP) was used as economic growth indicator. It was found services have the highest impact on the GDP growth rate. On the contrary, the manufacturing has the smallest impact on the GDP growth rate.

  10. Waste Characterization: Approaches and Methods

    DEFF Research Database (Denmark)

    Lagerkvist, A.; Ecke, H.; Christensen, Thomas Højlund

    2011-01-01

    Characterization of solid waste is usually a difficult task because of the heterogeneity of the waste and its spatial as well as temporal variations. This makes waste characterization costly if good and reliable data with reasonable uncertainty is to be obtained. Therefore, a waste characterization.......5). If information about waste is required, it is always advisable to check the literature and the internet to see if relevant data is available already. However, in all cases the relevance of the data with respect to cultural, climatic and economical basis as well as the quality and age of the data available must...

  11. ECONOMIC APPROACHES TO IMPROVE THE COMPETITIVENESS OF UKRAINIAN TRANSPORT ENTERPRISES ( THE EXAMPLE OF CIVIL AVIATION

    Directory of Open Access Journals (Sweden)

    R. T. Baran

    2010-02-01

    Full Text Available The purpose of reforming the air transport in Ukraine is the implementation of market economic transformations in economic and financial methods of the management of civil aviation operational firms, which were still formed on the basis of Soviet plan-army management principles. The author suggests the mechanism of formation of financial supply paradigm for reformed air transport firm because these reformations are to be carried out when the elaborated optimal economic-legal, investment-innovation, and (what is the most important organizational-financial complex unified methodical principles of the interaction of air transport (АТ subjects are absent (which becomes clear in the course of re-structuring them. Vital problems of formation of investment-innovation re-structuring mechanism for functioning the air transport firms are described in this article. New results of subsequent scientific research concerning financial scheme development of enterprising and commercial activities of airlines in today’s economic stabilization and growth, formation of new paradigm of economic theory and reformation of managing practice are suggested to the participants of the Conference in the course of prolonging the author’s discussion; a possible approach to the solution of financing problems for their re-structuring by means of creating new aviationtransport consortia is also suggested. The aim of creating a new consortium is to improve the economic efficiency of activity of airlines, their competitiveness in internal markets of transport services as well as to reform the system of air transport subjects in Ukraine. This is one of the complex trends for solving the problems of creating national air carrier, the organization of optimal forms and methods of financial schemes formation for measures aimed at improving the competitiveness.

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

    Science.gov (United States)

    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.

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

    NARCIS (Netherlands)

    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

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

    Directory of Open Access Journals (Sweden)

    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

  15. Economic modelling approaches to cost estimates for the control of carbon dioxide emissions

    NARCIS (Netherlands)

    Zhang, Z.X.; Folmer, H.

    1998-01-01

    This article gives an assessment of the relative strengths and weaknesses of a variety of economic modelling approaches commonly used for cost estimates for limiting carbon emissions, including the ad hoc approach, dynamic optimization approach, input-output approach, macroeconomic approach, computa

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

    Science.gov (United States)

    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.

  17. Climate Change and Economic Development: A Pragmatic Approach (Invited Lecture)

    OpenAIRE

    John Gowdy; Aneel Salman

    2007-01-01

    Two major problems promise to dominate economic and social policy during the twentyfirst century. These are global climate change and the growing gap between the rich and the poor. Economists are facing these issues at a time when many of the standard tools of economic analysis for example, competitive general equilibrium and the theoretical system that supports it have fallen into disfavour in analysing global issues involving uncertainty and irreversibility. This is both a challenge and an ...

  18. Estimating economic losses from earthquakes using an empirical approach

    Science.gov (United States)

    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.

  19. Multiperiod hydrothermal economic dispatch by an interior point method

    Directory of Open Access Journals (Sweden)

    Kimball L. M.

    2002-01-01

    Full Text Available This paper presents an interior point algorithm to solve the multiperiod hydrothermal economic dispatch (HTED. The multiperiod HTED is a large scale nonlinear programming problem. Various optimization methods have been applied to the multiperiod HTED, but most neglect important network characteristics or require decomposition into thermal and hydro subproblems. The algorithm described here exploits the special bordered block diagonal structure and sparsity of the Newton system for the first order necessary conditions to result in a fast efficient algorithm that can account for all network aspects. Applying this new algorithm challenges a conventional method for the use of available hydro resources known as the peak shaving heuristic.

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

    OpenAIRE

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

    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...

  1. Effective management models and methods of economic educations in regional industrial complexes

    Directory of Open Access Journals (Sweden)

    Andrey Gennadyevich Butrin

    2014-06-01

    Full Text Available In the article, the methodical bases of management by the integrated industrial enterprises is developed according to the indicators of sustainable economic development of the region. The scope of the research is the region as the difficult mesosystem consisting of logistic clusters. The subject matter of the research is the organizational and economic relations developing in the course of interaction of participants of the regional economy as mesosystems. The models and methods of management by the large economic systems in the economy of the industrially developed region are developed; the organizational and economic essence of a logistic cluster as the subject of the regional economy us revealed. The mechanism of management by the integrated enterprises with using the cluster approach, technologies of logistics, management of supply chains is offered. They allow to the management of an enterprises to make scientifically reasonable effective decisions developing programs of supply, economic production and realization of finished goods in the close connection with programs of regional economic development.

  2. Mathematical economics methods in assessing the effects of institutional factors on foreign trade

    Science.gov (United States)

    Kazantseva, M. A.; Nepp, A. N.

    2016-12-01

    Foreign trade activity (FT) is an essential driver of economic development; therefore, factors affecting its efficiency should be analysed. Along with the conventional economic factors affecting FT development, a focus should be given to institutional factors, whose role also cannot be neglected. Recent studies show institutional factors to produce both qualitative and quantitative effects on a country's economic development, with various criteria and assessment approaches having been developed for their estimation. This paper classifies mathematical methods used to assess the effect of institutional factors on FT efficiency. An analysis of conventional mathematical models describing the relationship between institutional factors and FT indicators is provided. Mathematical methods are currently the major instrument for the analysis of FT parameters and their dependence on various external factors.

  3. Economic Consequences of DifferentLean Percentage Estimation Methods

    Directory of Open Access Journals (Sweden)

    Zdravko Tolušić

    2003-06-01

    Full Text Available The economic effects of the choice of two different lean percentage estimation methods and terminal sire breed were investigated on 53 pig carcasses divided in two groups. In the 1st group were progeny of Pietrain used as terminal sire (n=25 and in 2nd the progeny of Large White terminal sire. It was found that the breed of terminal sire haven.t had influence on cold carcass weight and fat thickness measured for TP method of lean percentage estimation. Inclusion of Pietrain as terminal sire had influence on MLD thickness measured for TP and INS methods which was significantly higher, while fat thickness measured for instrumental method was significantly lower (p<0.01. Carcasses of the same group had higher lean percentage estimated by TP and INS methods (p<0.05 and p<0.01, resp.. Also, different methods of lean percentage estimation resulted in different classification of the carcasses into SEUROP classes. The choice of the lean percentage estimation method had no significant effect on the price of the carcasses from 2nd group which had Large White as terminal sire, while in pig carcasses from the 1st group (Pietrain as terminal sire, the choice of lean percentage method of estimation determined the price of the carcasses, and by this also economic surplus (or loss of the producers. It is concluded that both methods are equally applicable in the case of Large White crossbreeds, while caution should be taken in the case of pig carcasses originated from Pietrain as terminal sire because carcasses of such pigs reached higher prices when estimated by instrumental method.

  4. Strong sustainability in Nepal: A structural economics approach

    Science.gov (United States)

    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

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

    Directory of Open Access Journals (Sweden)

    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.

  6. A Fuzzy MCDM Approach for Green Supplier Selection from the Economic and Environmental Aspects

    Directory of Open Access Journals (Sweden)

    Hsiu Mei Wang Chen

    2016-01-01

    Full Text Available Due to the challenge of rising public awareness of environmental issues and governmental regulations, green supply chain management (SCM has become an important issue for companies to gain environmental sustainability. Supplier selection is one of the key operational tasks necessary to construct a green SCM. To select the most suitable suppliers, many economic and environmental criteria must be considered in the decision process. Although numerous studies have used economic criteria such as cost, quality, and lead time in the supplier selection process, only some studies have taken into account the environmental issues. This study proposes a comprehensive fuzzy multicriteria decision making (MCDM approach for green supplier selection and evaluation, using both economic and environmental criteria. In the proposed approach, a fuzzy analytic hierarchy process (AHP is employed to determine the important weights of criteria under vague environment. In addition, a fuzzy technique for order performance by similarity to ideal solution (TOPSIS is used to evaluate and rank the potential suppliers. Finally, a case study in Luminance Enhancement Film (LEF industry is presented to illustrate the applicability and efficiency of the proposed method.

  7. ECONOMIC AND SOCIAL OPERATIONAL EFFICIENCY OF MARKET DISTRIBUTION OF INCOME: APPROACHES TO EVALUATION

    Directory of Open Access Journals (Sweden)

    Z. Halushka

    2015-03-01

    Full Text Available This article provides a comparison between scientific approaches to understanding the economic and social efficiency of market income distribution. Based on multidisciplinary approaches the essence of the concepts of fairness and efficiency in the distribution; explored approaches to combining efficiency and equity used in policy income distribution at different levels of management; the possible social and economic consequences of ineffective regulation of income in today’s economy. The analysis is based on comparing the four concepts of justice that are considered socially efficient. Considered: utilitarian, formulated by J. Bentham; egalitarian, which provides for equal distribution; market (liberal approach – to polar egalitarian and roulzianskyy that treats justice as fairness, approaches. Based on the generalization of existing approaches analyzed method of estimating social justice in the distribution and the possibility of its application. The structure of the article includes the following sections: 1.Views on terms of efficiency and equity in the distribution of resources and income; 2. Classical and modern approaches to combining efficiency and equity in the distribution; 3. Conflicts combination of the principles of fairness and efficiency in the distribution of incomes policy. The authors also noted that the uneven distribution of income acts as an objective reality, and the question is to prevent dangerous indicators of this unevenness. Market income distribution does not guarantee every person an acceptable level of income. The causes of irregularity are: differences in abilities, mental as well as physical; differences in possession of the property, in the educational level and group reasons associated with luck, chance, surprise win more. This is a definite social injustice market. State, taking a significant share of responsibility for maintaining a basic human right to a dignified life, organizes redistribution.

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

    Directory of Open Access Journals (Sweden)

    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.

  9. A NEW APPROACH IN ECONOMICS: TRANSACTION COSTS THEORY

    Directory of Open Access Journals (Sweden)

    Iacobuta Andreea-Oana

    2009-05-01

    Full Text Available Ronald Coase article from 1937, The Nature of the Firm, meant a new way of thinking and conceiving of the world, especially of economic organisations. Coase argued that the firm and the market represent two alternative ways to organise the same transactio

  10. Standard and Economical Cascadic Multigrid Methods for the Mortar Finite Element Methods

    Institute of Scientific and Technical Information of China (English)

    Xuejun Xu; Wenbin Chen

    2009-01-01

    In this paper, standard and economical cascadic multigrid methods are con-sidered for solving the algebraic systems resulting from the mortar finite element meth-ods. Both cascadic multigrid methods do not need full elliptic regularity, so they can be used to tackle more general elliptic problems. Numerical experiments are reported to support our theory.

  11. Energy and economic growth in the USA: a multivariate approach

    Energy Technology Data Exchange (ETDEWEB)

    Stern, D.I. (Boston Univ., MA (United States). Center for Energy and Environmental Studies)

    1993-04-01

    This paper examines the casual relationship between Gross Domestic Product and energy use for the period 1947-90 in the United States of America. The relationship between energy use and economic growth has been examined by both biophysical and neoclassical economists. In particular, several studies have tested for the presence of a causal relationships (in the Granger sense) between energy use and economic growth. However, these tests do not allow a direct test of the relative explanatory powers of the neoclassical and biophysical models. A multivariate adaptation of the test-vector autoregression (VAR) does allow such a test. A VAR of GDP, energy use, capital stock and employment is estimated and Granger tests for causal relationships between the variables are carried out. Although there is no evidence that gross energy use Granger causes GDP, a measure of final energy use adjusted for changing fuel composition does Granger cause GDP. (author)

  12. THEORETICAL APPROACHES REGARDING THE ECONOMIC AND FINANCIAL PERFORMANCE MEASUREMENT

    Directory of Open Access Journals (Sweden)

    CARUNTU ANDREEA LAURA

    2012-12-01

    Full Text Available The need for performance evaluation appears from the importance of the assessment of the available resources usage, the identification of the economic resources potential for future use and the capacity to generate cash flows. Practice has held a number of tools that provide information needed to assess the performance state, obviously, differentiated from one country to another corresponding to the particularities of each economic system and that are useful to a large number of people involved in the life of a trader. This article presents some performance characteristics and refers to the options of measuring the global performance by using the balanced scorecard, the Triple Bottom Line reporting and the GRI G3 guidelines.

  13. Emperical Laws in Economics Uncovered Using Methods in Statistical Mechanics

    Science.gov (United States)

    Stanley, H. Eugene

    2001-06-01

    In recent years, statistical physicists and computational physicists have determined that physical systems which consist of a large number of interacting particles obey universal "scaling laws" that serve to demonstrate an intrinsic self-similarity operating in such systems. Further, the parameters appearing in these scaling laws appear to be largely independent of the microscopic details. Since economic systems also consist of a large number of interacting units, it is plausible that scaling theory can be usefully applied to economics. To test this possibility using realistic data sets, a number of scientists have begun analyzing economic data using methods of statistical physics [1]. We have found evidence for scaling (and data collapse), as well as universality, in various quantities, and these recent results will be reviewed in this talk--starting with the most recent study [2]. We also propose models that may lead to some insight into these phenomena. These results will be discussed, as well as the overall rationale for why one might expect scaling principles to hold for complex economic systems. This work on which this talk is based is supported by BP, and was carried out in collaboration with L. A. N. Amaral S. V. Buldyrev, D. Canning, P. Cizeau, X. Gabaix, P. Gopikrishnan, S. Havlin, Y. Lee, Y. Liu, R. N. Mantegna, K. Matia, M. Meyer, C.-K. Peng, V. Plerou, M. A. Salinger, and M. H. R. Stanley. [1.] See, e.g., R. N. Mantegna and H. E. Stanley, Introduction to Econophysics: Correlations & Complexity in Finance (Cambridge University Press, Cambridge, 1999). [2.] P. Gopikrishnan, B. Rosenow, V. Plerou, and H. E. Stanley, "Identifying Business Sectors from Stock Price Fluctuations," e-print cond-mat/0011145; V. Plerou, P. Gopikrishnan, L. A. N. Amaral, X. Gabaix, and H. E. Stanley, "Diffusion and Economic Fluctuations," Phys. Rev. E (Rapid Communications) 62, 3023-3026 (2000); P. Gopikrishnan, V. Plerou, X. Gabaix, and H. E. Stanley, "Statistical Properties of

  14. Economic and environmental evaluation of nitrogen removal and recovery methods from wastewater.

    Science.gov (United States)

    Lin, Yanzi; Guo, Miao; Shah, Nilay; Stuckey, David C

    2016-09-01

    The driver for waste-based economic growth is long-term strategic design, and a paradigm-shift from waste treatment to resource recovery. This study aims to use an integrated modelling approach to evaluate the holistic economic and environmental profiles of three alternative nitrogen removal and recovery methods integrated into wastewater treatment systems, including conventional nitrification-denitrification, Anammox, and the anaerobic ion exchange route, to provide insights into N recovery system designs which are key elements in building a sustainable circular economy. Our results suggest that ion exchange is a promising technology showing high N removal-recovery efficiency from municipal wastewater and delivering competitive sustainability scores. In comparison with the well-developed conventional route, ion exchange and Anammox are undergoing significant research and development; as highlighted in sensitivity analyses, there is considerable room for process design and optimisation of ion exchange systems to achieve economically and environmentally optimal performance.

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

    Directory of Open Access Journals (Sweden)

    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

  16. Different Approaches in Addressing Internal and External Economic Imbalances

    Institute of Scientific and Technical Information of China (English)

    郭树清

    2008-01-01

    This article analyzes the internal and external imbalances of China’s economy from a global perspective. The author believes that trade surplus and savings surplus are not the absolute metrics to define a country’s economic strength. China’s balance of payments has continued to maintain a big surplus, which shows China’s unique economic structure and growth model and exposes deep contradictions in income distribution, factor prices and resource allocation. While stimulating rapid growth, the imbalance of China’s economy, at the same time, has long delayed the upgrading of industrial structure, aggravating the threat of inflation and heightening concerns of an asset bubble. Although the external and internal imbalances are closely linked to each other, they are quite different in nature. This similar global economic imbalance has existed for a long time, and to a great extent, is inevitable and rational. However, internal imbalances caused by its own systems and policies, if lasted, would have severe and negative impacts not only on China’s economy, but on the global economy as a whole.

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

    Directory of Open Access Journals (Sweden)

    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.

  18. New approaches to business cycle theory in current economic science

    Directory of Open Access Journals (Sweden)

    Monica DOBRESCU

    2012-07-01

    Full Text Available In modern economies, current research generally acknowledges that the central issues in macroeconomics are essentially the same as those identified by Keynes in the General Theory of Employment, Interest and Money. One way or the other, economists are trying to address the same macroeconomic issues that they did seven decades ago: How can we account for the different growth rates and various fluctuations observed in national economies? Which are the economic policies most suitable to solve the issues of growth and cyclic behavior? Both the new classicals and the new Keynesians have made considerable progress within their research paradigms: to explain economic fluctuations, the new classicals focus on technological perturbations, the intertemporal substitution of leisure and real business cycles; on the other hand, the new Keynesians speak in terms of monopolistic competition, menu costs or efficiency wages. On the whole, the new classicals believe that the business cycle can best be understood within the market-clearing model, whereas the new keynesians believe that business fluctuations are due to certain market failures of various sorts.The present paper focuses on the main directions of research of the new classical school on the business cycle, given that the theoretical progress in this field has been significant and relevant for economic policy during the past four decades.

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

    Directory of Open Access Journals (Sweden)

    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.

  20. Dynamic economic dispatch combining network flow and interior point method

    Institute of Scientific and Technical Information of China (English)

    韩学山; 赵建国; 柳焯

    2003-01-01

    Under the environment of electric power market, economic dispatch (ED) problem should consider network constraints, unit ramp rates, besides the basic constraints. For this problem, it is important to establish the effective model and algorithm. This paper examines the decoupled conditions that affect the solution optimality to this problem. It proposes an effective model and solution method. Based on the look-ahead technique, it finds the number of time intervals to guarantee the solution optimality. Next, an efficient technique for finding the optimal solution via the interior point methods is described. Test cases, which include dispatching six units over 5 time intervals on the IEEE 30 test system with line flows and ramp constraints are presented. Results indicate that the computational effort as measured by iteration counts or execution time varies only modestly with the problem size.

  1. Rule-based query answering method for a knowledge base of economic crimes

    CERN Document Server

    Bak, Jaroslaw

    2011-01-01

    We present a description of the PhD thesis which aims to propose a rule-based query answering method for relational data. In this approach we use an additional knowledge which is represented as a set of rules and describes the source data at concept (ontological) level. Queries are posed in the terms of abstract level. We present two methods. The first one uses hybrid reasoning and the second one exploits only forward chaining. These two methods are demonstrated by the prototypical implementation of the system coupled with the Jess engine. Tests are performed on the knowledge base of the selected economic crimes: fraudulent disbursement and money laundering.

  2. Tax Compliance Models: From Economic to Behavioral Approaches

    Directory of Open Access Journals (Sweden)

    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.

  3. The Comparison of the Direct Method and the Communicative Approach

    Institute of Scientific and Technical Information of China (English)

    王丽葵

    2011-01-01

    一、 Major Characteristics of the Direct Method and the Communicative Approach The characteristics of the communicative Approach are as follows:(1) The teaching content takes language function as the key link,which is fixed up in accordance with the different demands of studying object.For example,the demands of the scientist and technologist,the translator,the foreign language teacher,the tourist adviser,the diplomatic personnel and the economic worker are different from each other,so the most necessary language materials for achieving certain communication are chosen which are usually the most common structure form.

  4. SYSTEMATIC APPROACH TO THE STABLE IMPLEMENTATION OF REGIONS SOCIAL-ECONOMIC DEVELOPMENT

    Directory of Open Access Journals (Sweden)

    Shukhrat Azimov

    2011-04-01

    Full Text Available The article is dedicated to the analysis of the importance of systematic approach of the social-economical development in accordance with its generality, regionality, comparability, and logicality characteristics. There has been also given ideas about the importance of ‘nature-population-household-nature’ cycle in the stable ecological-social-economical development. 

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

    Science.gov (United States)

    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

  6. English language teaching methods and approaches

    OpenAIRE

    Daskalovska, Nina; Ivanovska, Biljana

    2012-01-01

    This handbook for English language students presents the major teaching methods and approaches that have been used in English language teaching and learning. It is divided into two parts. Part I gives an overview of first and second/foreign language acquisition theories, such as the behaviourist, the innatist, the cognitive, the interactionist and the creative-construction theory. Part II describes the English language teaching methods and approaches that have been popular at different times ...

  7. Carbon Emissions and Economic Growth: Alternative Approaches to Causality Testing

    Energy Technology Data Exchange (ETDEWEB)

    Rehdanz, Katrin (Christian-Albrechts Univ., Kiel (Germany)); Maddison, David J. (Univ. of Birmingham, Dept. of Economics, Birmingham (United Kingdom))

    2008-07-01

    Numerous papers have examined data on energy and GDP for evidence of Granger causality. More recently this technique has been extended to looking at the relationship between carbon emissions and GDP per capita. These analyses frequently reach differing conclusions concerning the existence and direction of Granger causality. This paper compares the standard fixed-dynamic-effects approach to a heterogenous panel approach testing for evidence of a causal relationship between GDP per capita and carbon emissions per capita allowing for heterogeneity. Overall there is strong evidence for the existence of a bidirectional causal relationship between GDP per capita and CO{sub 2} emissions per capita

  8. Economics.

    Science.gov (United States)

    Palley, Paul D; Parcero, Miriam E

    2016-10-01

    A review of literature in the calendar year 2015 dedicated to environmental policies and sustainable development, and economic policies. This review is divided into these sections: sustainable development, irrigation, ecosystems and water management, climate change and disaster risk management, economic growth, water supply policies, water consumption, water price regulation, and water price valuation.

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

    Energy Technology Data Exchange (ETDEWEB)

    Wolde-Rufael, Yemane

    2010-01-15

    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. (author)

  10. EVOLUTION OF THE PLACE ATTACHMENT: AN ECONOMIC APPROACH

    Directory of Open Access Journals (Sweden)

    Edgar J. Sánchez Carrera

    2013-02-01

    Full Text Available Despite relatively cheap mobility and intensive globalization processes, the place attachment remains an important part the human existence (Lewicka, 2010:226, . Our aim is to understand the evolution of the place attachment. For this purpose we apply evolutionary game theory with the replicator dynamics and we follow the literature on the identity economics. A novelty which Akerlof i Kranton (2000 introduce is that an individual may choose an activity opposite to her identity in order to maximize her own utility. In other words, the choice of identity and activities is separated. Pavlinović (2012 develops a basic evolutionary game-theory model of spatial identity where agents can only act in line with their own identity. On the contrary, Akerlof i Kranton (2000 introduce the assumption that an individual may choose an activity opposite to her. Thus, we modify the model in Pavlinović (2012 and consider the choice of identity and action separately. We explore if this modification significantly affects the results.

  11. The Capability Approach: A Critical Review of Its Application in Health Economics.

    Science.gov (United States)

    Karimi, Milad; Brazier, John; Basarir, Hasan

    The capability approach is an approach to assessing well-being developed by Amartya Sen. Interest in this approach has resulted in several attempts to develop questionnaires to measure and value capability at an individual level in health economics. This commentary critically reviews the ability of these questionnaires to measure and value capability. It is argued that the method used in the questionnaires to measure capability will result in a capability set that is an inaccurate description of the individual's true capability set. The measured capability set will either represent only one combination and ignore the value of choice in the capability set, or represent one combination that is not actually achievable by the individual. In addition, existing methods of valuing capability may be inadequate because they do not consider that capability is a set. It may be practically more feasible to measure and value capability approximately rather than directly. Suggestions are made on how to measure and value an approximation to capability, but further research is required to implement the suggestions.

  12. Economic implications of Japan's aging population: a macro-economic demographic modeling approach.

    Science.gov (United States)

    Ogawa, N

    1982-01-01

    This paper utilizes a macroeconomic demographic model to analyze the probable impact of population aging on various public programs in Japan. Rapid fertility decline aided by mortality decline has caused the proportion of the Japanese population aged 65 and over to increase from 4.9% in 1950 to 9.0% in 1980. A population projection based on the 1975 population census assumes a recovery of fertility from a total fertility rate (TFR) of 1.9 in 1976 to 2.16 in 1980 and a gradual decline to 2.1 by 1987, while an alternative projection assumes a continuing fertility decline to a TFR of 1.65 in 2025. According to these assumptions, in 2025 18.12% to 21.29% of the total population would be aged 65 or over and 38.66% to 43.80% of the working age population would be aged 45-64. A macroeconomic neoclassical growth model with some Keynesian features was formulated to evaluate the future impact of population aging on social security programs. Population changes are transmitted to economic variables in the model through the supply of labor, level of savings, public health care plans, and old-age pension schemes. The simulation experiments included the 2 population projections and 2 alternative production functions, 1 with the quality of labor incorporated and 1 without. The results indicated that, regardless of the population projection and production function used, the growth of the economy is likely to slow to 1 or 0% in the beginning of the next century due to decreased growth of the labor force and a change in its quality due to age-compositional variations. Public health insurance schemes and pension plans will require increasing financial resources as a result of accelerated population aging; depending on the choice of benefit levels, the proportion of national income allocated to them is expected to range from 14%-40% in the year 2010. Per capita gross national product will continue to grow despite decreased economic growth, but savings might be adversely affected if the

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

    Science.gov (United States)

    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.

  14. Innovative development of universities: organizational and economic approach

    Directory of Open Access Journals (Sweden)

    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.

  15. Mixed method approaches to evaluate conservation impact

    DEFF Research Database (Denmark)

    Lund, Jens Friis; Burgess, Neil D.; Chamshama, Shabani A.O.

    2015-01-01

    management on two forests in Tanzania was evaluated using a mixed method approach. Current forest condition, forest increment and forest use patterns were assessed through forest inventories, and changes in forest disturbance levels before and after the implementation of decentralized forest management were...... that a mixed methods approach comprises a valid and promising way to evaluate impacts of conservation policies, even in the absence of control sites. By carefully linking policy outcomes to policy outputs, such an approach not only identifies whether such policies work as intended, but also potential......Nearly 10% of the world's total forest area is formally owned by communities and indigenous groups, yet knowledge of the effects of decentralized forest management approaches on conservation (and livelihood) impacts remains elusive. In this paper, the conservation impact of decentralized forest...

  16. Maintenance Approaches for Different Production Methods

    Directory of Open Access Journals (Sweden)

    Mungani, Dzivhuluwani Simon

    2013-11-01

    Full Text Available Various production methods are used in industry to manufacture or produce a variety of products needed by industry and consumers. The nature of a product determines which production method is most suitable or cost-effective. A continuous process is typically used to produce large volumes of liquids or gases. Batch processing is often used for small volumes, such as pharmaceutical products. This paper discusses a research project to determine the relationship between maintenance approaches and production methods. A survey was done to determine to what extent three maintenance approaches reliability-centred maintenance (RCM, total productive maintenance (TPM, and business-centred maintenance (BCM are used for three different processing methods (continuous process, batch process, and a production line method.

  17. Socratic Method as an Approach to Teaching

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    Haris Delić

    2016-10-01

    Full Text Available In this article we presented the theoretical view of Socrates' life and his method in teaching. After the biographical facts of Socrates and his life, we explained the method he used in teaching and the two main types of his method, Classic and Modern Socratic Method. Since the core of Socrates' approach is the dialogue as a form of teaching we explained how exactly the Socratic dialogue goes. Besides that, we presented two examples of dialogues that Socrates led, Meno and Gorgias. Socratic circle is also one of the aspects that we presented in this paper. It is the form of seminars that is crucial for group discussions of a given theme. At the end, some disadvantages of the Method are explained. With this paper, the reader can get the conception of this approach of teaching and can use Socrates as an example of how successfull teacher leads his students towards the goal.

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

    Science.gov (United States)

    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.

  19. Cost-effectiveness of diagnostic approaches to vasovagal syncope in children and adolescents in China: a health economic analysis

    Institute of Scientific and Technical Information of China (English)

    LI Ya-wen; CHEN Li; DU Jun-bao; YANG Yuan-yuan; JIN Hong-fang

    2010-01-01

    Background Syncope is a common clinical problem with multiple causes. Vasovagal syncope (WS) is by far the most frequent cause of syncope in children and adolescents. The traditional diagnostic approach to VVS of children and adolescents is based on a series of tests to exclude all other causes, which is complex and time and medical resource consuming. Attempts have been made to develop a new cost-effective diagnostic approach to avoid these problems. This study aimed to compare the economic effectiveness and diagnostic value of the traditional diagnostic approach to VVS of children with a new diagnostic approach.Methods One hundred and eighteen children diagnosed as VVS were divided into two groups according to the different diagnostic approaches. The diagnostic value of the two diagnostic approaches was then analyzed. Meanwhile, the costs of hospitalization, diagnostic testing and hospital stay were determined. Data were evaluated by the cost-minimization analysis.Results The diagnostic value of the new diagnostic approach was similar to that of the traditional diagnostic approach (56.57% vs. 53.91%, P=0.697). However, the cost of hospitalization per patient by the new diagnostic approach was (1507.08±144.63) Yuan (RMB) which was less than that of the traditional diagnostic approach (2603.64±P08.19) Yuan.The costs of diagnostic tests per patient by the new diagnostic approach was (1256.04±109.14) Yuan and by the traditional approach (2175.22±153.32) Yuan.Conclusion Compared to the traditional diagnostic approach to diagnose VVS in children and adolescents, the new diagnostic approach is of a good economic value, and it should be popularized in clinical practice.

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

    Directory of Open Access Journals (Sweden)

    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.

  1. The Direct Method and the Communicative Approach

    Institute of Scientific and Technical Information of China (English)

    王丽葵

    2014-01-01

    The Direct Method and the Communicative Approach are two different kinds of methods in teaching foreign languages. There are obvious advantages in using the Direct Method. However,people found a number of shortcomings in this method. It is not easy to apply after the first stages of language learning when ideas and concepts become more abstract and complicated. This method assumes that adults can learn a second language the same way that children learn their first language. However,more attention should be paid to the differences between these two groups of people.Obviously,the Communicative Approach contributes a lot to the foreign language teaching. But it is certain that it’s not a perfect teaching system. There are quite a few questions needing resolutions.Developing a methodology involves the synthesis of theory and practice into a program that works. It generally means drawing from several methods and approaches in order to create an integrated curriculum that will meet the needs of the situation and students. Integrative and / or instrumental goals,the particular concepts being taught,learning and teaching preferences,cultural factors,and age and competency levels of students are all important considerations.

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

    Directory of Open Access Journals (Sweden)

    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.

  3. Evaluation of trade influence on economic growth rate by computational intelligence approach

    Science.gov (United States)

    Sokolov-Mladenović, Svetlana; Milovančević, Milos; Mladenović, Igor

    2017-01-01

    In this study was analyzed the influence of trade parameters on the economic growth forecasting accuracy. Computational intelligence method was used for the analyzing since the method can handle highly nonlinear data. It is known that the economic growth could be modeled based on the different trade parameters. In this study five input parameters were considered. These input parameters were: trade in services, exports of goods and services, imports of goods and services, trade and merchandise trade. All these parameters were calculated as added percentages in gross domestic product (GDP). The main goal was to select which parameters are the most impactful on the economic growth percentage. GDP was used as economic growth indicator. Results show that the imports of goods and services has the highest influence on the economic growth forecasting accuracy.

  4. Permutation statistical methods an integrated approach

    CERN Document Server

    Berry, Kenneth J; Johnston, Janis E

    2016-01-01

    This research monograph provides a synthesis of a number of statistical tests and measures, which, at first consideration, appear disjoint and unrelated. Numerous comparisons of permutation and classical statistical methods are presented, and the two methods are compared via probability values and, where appropriate, measures of effect size. Permutation statistical methods, compared to classical statistical methods, do not rely on theoretical distributions, avoid the usual assumptions of normality and homogeneity of variance, and depend only on the data at hand. This text takes a unique approach to explaining statistics by integrating a large variety of statistical methods, and establishing the rigor of a topic that to many may seem to be a nascent field in statistics. This topic is new in that it took modern computing power to make permutation methods available to people working in the mainstream of research. This research monograph addresses a statistically-informed audience, and can also easily serve as a ...

  5. Economic methods for the utilisation of logging residues

    Directory of Open Access Journals (Sweden)

    Gałęzia Tomasz

    2016-03-01

    Full Text Available There are several ways of using logging residues, and the two most common ones in the State Forests are wood chip production for energy purposes by mobile machinery and crushing by tractor-powered crushers. In this research, an economy-based approach was used to compare these methods and assess whether chip production is superior to crushing for clearing a felling area. The average revenues from the sale of wood biomass in the form of wood chips and the average costs of crushing in the Pomorze Forest District were analysed for the period from January 2012 until June 2014. Both revenues and costs (such as fuel, operator’s wage, piling costs, depreciation, insurance and garaging costs were extracted from the State Forests’ database using data-mining software.

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

    Directory of Open Access Journals (Sweden)

    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

  7. Physical and Economic Integration of Carbon Capture Methods with Sequestration Sinks

    Science.gov (United States)

    Murrell, G. R.; Thyne, G. D.

    2007-12-01

    Currently there are several different carbon capture technologies either available or in active development for coal- fired power plants. Each approach has different advantages, limitations and costs that must be integrated with the method of sequestration and the physiochemical properties of carbon dioxide to evaluate which approach is most cost effective. For large volume point sources such as coal-fired power stations, the only viable sequestration sinks are either oceanic or geological in nature. However, the carbon processes and systems under consideration produce carbon dioxide at a variety of pressure and temperature conditions that must be made compatible with the sinks. Integration of all these factors provides a basis for meaningful economic comparisons between the alternatives. The high degree of compatibility between carbon dioxide produced by integrated gasification combined cycle technology and geological sequestration conditions makes it apparent that this coupling currently holds the advantage. Using a basis that includes complete source-to-sink sequestration costs, the relative cost benefit of pre-combustion IGCC compared to other post-combustion methods is on the order of 30%. Additional economic benefits arising from enhanced oil recovery revenues and potential sequestration credits further improve this coupling.

  8. The Analysis of Theoretical Approaches to Identification of Factors of Regional Economic Growth

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    Kosyrieva Olena V.

    2016-05-01

    Full Text Available The article is devoted to the investigation of current approaches to identification of factors of economic growth in the regions. The theory of new economic geography based on works and studies of P. Krugman has been considered. There highlighted the key issues of regional economic growth requiring an in-depth studying and consideration in the elaboration of strategies for sustainable development of the regions. The views of leading domestic and foreign scholars as well as the OECD experts, the World Bank, the National Statistics Service of the United Kingdom and others on the main drivers of economic growth have been analyzed. On the basis of the study the factors of regional economic growth most commonly encountered in theory and practice have been generalized. It is proved that scientists and analysts most often classify as the factors of regional economic growth the following ones: those characterizing human potential, scientific-technical and innovative activity, management and institutional capacity. The factors less frequently correlated by specialists and scientists with the regional economic growth include: those characterizing the environment, business and sociopolitical factors, which is associated with difficulty of their quantification, but in any case does not diminish their importance.

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

    Energy Technology Data Exchange (ETDEWEB)

    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.

  10. The Effects of Unemployment on Economic Growth in Greece. An ARDL Bound Test Approach.

    Directory of Open Access Journals (Sweden)

    Nikolaos Dritsakis

    2016-12-01

    Full Text Available The aim of this paper is to investigate the relationship between unemployment rate, economic growth and inflation rate in Greece, using annual data covering the period 1995-2015. The unit root tests results indicated that the variables have different integration order. Subsequently, the bounds testing (ARDL approach and ECM-ARDL model are applied in order to examine the long-run and the causal relationship between the variables. The empirical results of the study revealed, both in the short and long-run, that there is a unidirectional causal relationship between unemployment and economic growth with direction from unemployment to economic growth, as well as a unidirectional causality running from inflation to economic growth.

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

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    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.

  12. Methodological approaches to developing a plan of land and economic unit of the settlement

    OpenAIRE

    Dorosh, O.

    2015-01-01

    This paper deals with problematic of legislation, the legal relations regulated by which are associated with the use of land in the settlements of Ukraine. Methodological approaches on the development of the plan on land-economic settlements unit have been suggested. It is proved that the land management documentation provides an effective planning of the territorial development of urban and rural settlements.

  13. Assessing the Economic Impacts of Climate Change on Agriculture in Egypt : A Ricardian Approach

    OpenAIRE

    Eid, Helmy M.; El-Marsafawy, Samia M.; Ouda, Samiha A.

    2007-01-01

    This study employed the Ricardian approach to measure the economic impacts of climate change on farm net revenue in Egypt. Farm net revenue were regressed against climate, soil, socioeconomic and hydrological variables to determine which factors influence the variability of farm net revenues. 900 households from 20 governorates were interviewed. The standard Ricardian model was applied, in...

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

    Science.gov (United States)

    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…

  15. Transformative World Language Learning: An Approach for Environmental and Cultural Sustainability and Economic and Political Security

    Science.gov (United States)

    Goulah, Jason

    2008-01-01

    In this article, the author responds to the Modern Language Association's report, "Foreign Languages and Higher Education: New Structures for a Changed World" (2007) by arguing for an explicit and interdisciplinary transformative world language learning approach toward environmental and cultural sustainability and economic and political…

  16. Accurate paleointensities - the multi-method approach

    Science.gov (United States)

    de Groot, Lennart

    2016-04-01

    The accuracy of models describing rapid changes in the geomagnetic field over the past millennia critically depends on the availability of reliable paleointensity estimates. Over the past decade methods to derive paleointensities from lavas (the only recorder of the geomagnetic field that is available all over the globe and through geologic times) have seen significant improvements and various alternative techniques were proposed. The 'classical' Thellier-style approach was optimized and selection criteria were defined in the 'Standard Paleointensity Definitions' (Paterson et al, 2014). The Multispecimen approach was validated and the importance of additional tests and criteria to assess Multispecimen results must be emphasized. Recently, a non-heating, relative paleointensity technique was proposed -the pseudo-Thellier protocol- which shows great potential in both accuracy and efficiency, but currently lacks a solid theoretical underpinning. Here I present work using all three of the aforementioned paleointensity methods on suites of young lavas taken from the volcanic islands of Hawaii, La Palma, Gran Canaria, Tenerife, and Terceira. Many of the sampled cooling units are <100 years old, the actual field strength at the time of cooling is therefore reasonably well known. Rather intuitively, flows that produce coherent results from two or more different paleointensity methods yield the most accurate estimates of the paleofield. Furthermore, the results for some flows pass the selection criteria for one method, but fail in other techniques. Scrutinizing and combing all acceptable results yielded reliable paleointensity estimates for 60-70% of all sampled cooling units - an exceptionally high success rate. This 'multi-method paleointensity approach' therefore has high potential to provide the much-needed paleointensities to improve geomagnetic field models for the Holocene.

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

    Energy Technology Data Exchange (ETDEWEB)

    Shahbaz, Muhammad [COMSATS Institute of Information Technology, Lahore (Pakistan); Tang, Chor Foon, E-mail: tcfoon@yahoo.com [Department of Economics, Faculty of Economics and Administration, University of Malaya, 50603 Kuala Lumpur (Malaysia); Shahbaz Shabbir, Muhammad [University of Illinois at Urbana-Champaign, Champaign (United States)

    2011-06-15

    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.

  18. AN EMPIRICAL APPROACH OF SOCIAL IMPACT OF DEBT ON ECONOMIC GROWTH. EVIDENCE FROM THE EUROPEAN UNION

    Directory of Open Access Journals (Sweden)

    SMĂRĂNDOIU (SANDA LUANA ALEXANDRA

    2016-10-01

    Full Text Available Today’s economic reality contains a certain degree of uncertainty that often prevail economic rationality, affecting economic growth. Recent European and political agendas put a robust emphasis on the importance of social dimension of growth and try to shift the focus from economic evidence to social outcomes. The debt is currently a sensitive issue for most European countries and ordinary individuals, thus creating significant imbalances regarding perceived economic wealth and wellbeing at national and individual level. But debt is also associated with fast money and short term prosperity that can engine business and support living, thus economic growth. The paper makes a repositioning evaluation of the social domain into European political agendas, towards a smart, sustainable and inclusive growth for the Europeans. It encompasses an evaluation of the relevance of European growth on its economic development and sustainability. Rebalancing finance and economic priorities with a strong commitment to social priorities is the main reorientation target of the political agenda. There’s a growing need for shifting the focus to qualitative facets of growth and European testimonials, for an ascending journey to smart, sustainable and inclusive growth, representing a continuing approach of EU’s root ideals. Thus, the paper proposes an analysis of GDP evolution in relation to debt to GDP ratio indicator and social factors, as an alternative impact evaluation played by the social system and debt for a country’s performance, representing an alternative way for assessing economic growth in relation to wellbeing. The results show a significant dependence of growth to debt to GDP ratio and social indicators such as population at risk to poverty rate, unemployment rate, life expectancy and expected years of schooling

  19. A Three-Stage Optimal Approach for Power System Economic Dispatch Considering Microgrids

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    Wei-Tzer Huang

    2016-11-01

    Full Text Available The inclusion of microgrids (MGs in power systems, especially distribution-substation-level MGs, significantly affects power systems because of the large volumes of import and export power flows. Consequently, power dispatch has become complicated, and finding an optimal solution is difficult. In this study, a three-stage optimal power dispatch model is proposed to solve such dispatch problems. In the proposed model, the entire power system is divided into two parts, namely, the main power grid and MGs. The optimal power dispatch problem is resolved on the basis of multi-area concepts. In stage I, the main power system economic dispatch (ED problem is solved by sensitive factors. In stage II, the optimal power dispatches of the local MGs are addressed via an improved direct search method. In stage III, the incremental linear models for the entire power system can be established on the basis of the solutions of the previous two stages and can be subjected to linear programming to determine the optimal reschedules from the original dispatch solutions. The proposed method is coded using Matlab and tested by utilizing an IEEE 14-bus test system to verify its feasibility and accuracy. Results demonstrated that the proposed approach can be used for the ED of power systems with MGs as virtual power plants.

  20. Methods and Algorithms for Economic MPC in Power Production Planning

    DEFF Research Database (Denmark)

    Sokoler, Leo Emil

    in real-time. A generator can represent a producer of electricity, a consumer of electricity, or possibly both. Examples of generators are heat pumps, electric vehicles, wind turbines, virtual power plants, solar cells, and conventional fuel-fired thermal power plants. Although this thesis is mainly......-integer linear program for unit commitment and economic dispatch of the system power generators. We focus on a minutes-ahead planning horizon, where unit commitment decisions are fixed. Economic model predictive control (EMPC) is employed to determine an optimal dispatch for a portfolio of power generators...... concerned with EMPC for minutes-ahead production planning, we show that the proposed EMPC scheme can be extended to days-ahead planning (including unit commitment) as well. The power generation from renewable energy sources such as wind and solar power is inherently uncertain and variable. A portfolio...

  1. Economic and Financial Diagnosis - Fundamental Method in Management Accounting

    Directory of Open Access Journals (Sweden)

    Riana Iren RADU

    2012-11-01

    Full Text Available The purpose of the „financial analysis - financial diagnosis phrase is to characterize in a more relevant and more conservative manner the company situation, in order to develop, based on optimal decisions for the establishment and use of resources” . Analysis of company's financial position at a time, usually at the end of the year, permits to assess the size and development of heritage, and making judgments on how to achieve financial balance. In this paper an analysis is made based on diagnostic key economic and financial indicators, calculated using information from the balance sheet and profit and loss account in the period 2006-2011 to Navrom Company Galati, to can measurable effects of the economic crisis on the company.

  2. The Economics of Adaptation: Concepts, Methods and Examples

    DEFF Research Database (Denmark)

    Callaway, John MacIntosh; Naswa, Prakriti; Trærup, Sara Lærke Meltofte;

    of the costs and benefits of climate change impacts and adaptation measures are important to inform future action. Despite the growth in the volume of research and studies on the economics of climate change adaptation over the past 10 years, there are still important gaps and weaknesses in the existing...... of climate change impacts and the costs and benefits of adaptation measures at local level, where the impacts of climate change will manifest themselves, and where many adaptation actions need to be taken....

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

    Energy Technology Data Exchange (ETDEWEB)

    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.

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

    Energy Technology Data Exchange (ETDEWEB)

    Ghosh, Sajal, E-mail: sghosh@mdi.ac.i [Management Development Institute, Gurgaon, Haryana 122001 (India)

    2010-06-15

    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.

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

    Energy Technology Data Exchange (ETDEWEB)

    Ghosh, Sajal [Assistant, Professor, Management Development Institute, Gurgaon, Haryana 122001 (India)

    2010-06-15

    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. (author)

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

    Directory of Open Access Journals (Sweden)

    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.

  7. Allocating Risks in Public-Private Partnerships Using a Transaction Cost Economic Approach: A Case Study

    Directory of Open Access Journals (Sweden)

    Xioa-Hua Jin

    2012-11-01

    Full Text Available Public-private partnership (PPP projects are often characterisedby increased complexity and uncertainty due to their idiosyncrasyin the management and delivery processes such as long-termlifecycle, incomplete contracting, and the multitude of stakeholders.An appropriate risk allocation is particularly crucial to achievingproject success. This paper focuses on the risk allocation in PPPprojects and argues that the transaction cost economics (TCEtheory can integrate the economics part, which is currently missing,into the risk management research. A TCE-based approach isproposed as a logical framework for allocating risks between publicand private sectors in PPP projects. A case study of the SouthernCross Station redevelopment project in Australia is presented toillustrate the approach. The allocation of important risks is putunder scrutiny. Lessons learnt are discussed and alternativemanagement approaches drawing on TCE theory are proposed.

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

    Directory of Open Access Journals (Sweden)

    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.

  9. Supply-side approaches to the economic valuation of coastal and marine habitat in the Red Sea

    KAUST Repository

    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 .

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

    CERN Document Server

    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

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

    Science.gov (United States)

    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

  12. Improving the Methods for the Economic Evaluation of Medical Devices.

    Science.gov (United States)

    Tarricone, Rosanna; Callea, Giuditta; Ogorevc, Marko; Prevolnik Rupel, Valentina

    2017-02-01

    Medical devices (MDs) have distinctive features, such as incremental innovation, dynamic pricing, the learning curve and organisational impact, that need to be considered when they are evaluated. This paper investigates how MDs have been assessed in practice, in order to identify methodological gaps that need to be addressed to improve the decision-making process for their adoption. We used the Consolidated Health Economic Evaluation Reporting Standards (CHEERS) checklist supplemented by some additional categories to assess the quality of reporting and consideration of the distinctive features of MDs. Two case studies were considered: transcatheter aortic valve implantation (TAVI) representing an emerging technology and implantable cardioverter defibrillators (ICDs) representing a mature technology. Economic evaluation studies published as journal articles or within Health Technology Assessment reports were identified through a systematic literature review. A total of 19 studies on TAVI and 41 studies on ICDs were analysed. Learning curve was considered in only 16% of studies on TAVI. Incremental innovation was more frequently mentioned in the studies of ICDs, but its impact was considered in only 34% of the cases. Dynamic pricing was the most recognised feature but was empirically tested in less than half of studies of TAVI and only 32% of studies on ICDs. Finally, organisational impact was considered in only one study of ICDs and in almost all studies on TAVI, but none of them estimated its impact. By their very nature, most of the distinctive features of MDs cannot be fully assessed at market entry. However, their potential impact could be modelled, based on the experience with previous MDs, in order to make a preliminary recommendation. Then, well-designed post-market studies could help in reducing uncertainties and make policymakers more confident to achieve conclusive recommendations. © 2017 The Authors. Health Economics published by John Wiley & Sons, Ltd.

  13. Efficient integration method for fictitious domain approaches

    Science.gov (United States)

    Duczek, Sascha; Gabbert, Ulrich

    2015-10-01

    In the current article, we present an efficient and accurate numerical method for the integration of the system matrices in fictitious domain approaches such as the finite cell method (FCM). In the framework of the FCM, the physical domain is embedded in a geometrically larger domain of simple shape which is discretized using a regular Cartesian grid of cells. Therefore, a spacetree-based adaptive quadrature technique is normally deployed to resolve the geometry of the structure. Depending on the complexity of the structure under investigation this method accounts for most of the computational effort. To reduce the computational costs for computing the system matrices an efficient quadrature scheme based on the divergence theorem (Gauß-Ostrogradsky theorem) is proposed. Using this theorem the dimension of the integral is reduced by one, i.e. instead of solving the integral for the whole domain only its contour needs to be considered. In the current paper, we present the general principles of the integration method and its implementation. The results to several two-dimensional benchmark problems highlight its properties. The efficiency of the proposed method is compared to conventional spacetree-based integration techniques.

  14. Evolution Methods of Formation of Neuronet Models of Complex Economic Systems

    Directory of Open Access Journals (Sweden)

    Khemelyov Oleksandr H.

    2014-01-01

    Full Text Available The article analyses principles of formation of neuronet models of complex economic systems. It justifies prospectiveness of use of artificial intellect methods when modelling complex economic systems. It shows a possibility of use of evolution methods when forming neuronet models of complex economic systems for ensuring invariance of their generalising properties. It offers an algorithm with a genome from operons of fixed length. It considers all operons from the point of view of functional positions. It notes a specific feature of the algorithm, which allows excluding anthropogenic factors when selecting the neuronet models architecture. It proves adequacy of the formed neuronet models of complex economic systems.

  15. Toward an integrated approach to nutritional quality, environmental sustainability, and economic viability: research and measurement gaps.

    Science.gov (United States)

    Herforth, Anna; Frongillo, Edward A; Sassi, Franco; Mclean, Mireille Seneclauze; Arabi, Mandana; Tirado, Cristina; Remans, Roseline; Mantilla, Gilma; Thomson, Madeleine; Pingali, Prabhu

    2014-12-01

    Nutrition is affected by numerous environmental and societal causes. This paper starts with a simple framework based on three domains: nutritional quality, economic viability, and environmental sustainability, and calls for an integrated approach in research to simultaneously account for all three. It highlights limitations in the current understanding of each domain, and how they influence one another. Five research topics are identified: measuring the three domains (nutritional quality, economic viability, environmental sustainability); modeling across disciplines; furthering the analysis of food systems in relation to the three domains; connecting climate change and variability to nutritional quality; and increasing attention to inequities among population groups in relation to the three domains. For an integrated approach to be developed, there is a need to identify and disseminate available metrics, modeling techniques, and tools to researchers, practitioners, and policy makers. This is a first step so that a systems approach that takes into account potential environmental and economic trade-offs becomes the norm in analyzing nutrition and food-security patterns. Such an approach will help fill critical knowledge gaps and will guide researchers seeking to define and address specific research questions in nutrition in their wider socioeconomic and environmental contexts.

  16. A Framework for an Organic Approach for the Analysis of Institutional Transplants in the Economic Context

    Directory of Open Access Journals (Sweden)

    Dyanko Minchev

    2014-08-01

    Full Text Available Institutional transplants is the name given to formal institutions which are transferred from one institutional setting to another. They are one of the possible channels for institutional change. The success of an institutional transplant depends on its interaction with its new environment. Previous research, based on the methodology of neoclassical economics (and to some extent - of the new institutional economics, is limited in its ability to predict the success of such transplants. We propose a framework for an organic approach for the analysis of institutional transplants in the economic context, which has a potential to overcome these limitations. This could enable policy-makers to take better decisions when undertaking institutional reforms.

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

    Institute of Scientific and Technical Information of China (English)

    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.

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

    Science.gov (United States)

    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.

  19. Modelling the economics of type 2 diabetes mellitus prevention: a literature review of methods.

    Science.gov (United States)

    Watson, P; Preston, L; Squires, H; Chilcott, J; Brennan, A

    2014-06-01

    Our objective was to review modelling methods for type 2 diabetes mellitus prevention cost-effectiveness studies. The review was conducted to inform the design of a policy analysis model capable of assisting resource allocation decisions across a spectrum of prevention strategies. We identified recent systematic reviews of economic evaluations in diabetes prevention and management of obesity. We extracted studies from two existing systematic reviews of economic evaluations for the prevention of diabetes. We extracted studies evaluating interventions in a non-diabetic population with type 2 diabetes as a modelled outcome, from two systematic reviews of obesity intervention economic evaluations. Databases were searched for studies published between 2008 and 2013. For each study, we reviewed details of the model type, structure, and methods for predicting diabetes and cardiovascular disease. Our review identified 46 articles and found variation in modelling approaches for cost-effectiveness evaluations for the prevention of type 2 diabetes. Investigation of the variables used to estimate the risk of type 2 diabetes suggested that impaired glucose regulation, and body mass index were used as the primary risk factors for type 2 diabetes. A minority of cost-effectiveness models for diabetes prevention accounted for the multivariate impacts of interventions on risk factors for type 2 diabetes. Twenty-eight cost-effectiveness models included cardiovascular events in addition to type 2 diabetes. Few cost-effectiveness models have flexibility to evaluate different intervention types. We conclude that to compare a range of prevention interventions it is necessary to incorporate multiple risk factors for diabetes, diabetes-related complications and obesity-related co-morbidity outcomes.

  20. Guide on Economic Instruments & Non-market Valuation Methods

    DEFF Research Database (Denmark)

    Zandersen, Marianne; Bartczak, Anna; Czajkowski, Mikołaj

    The aim of this guidance document is to provide forest practitioners, decision makers and forest owners insights into the various economic instruments available to enhance the non-market ecosystem provision of forests such as a high quality biodiversity; enhanced carbon sequestration; improved...... are different from market-based benefits of forests such as fuelwood and industrial woods, which are not included in this overview. In order to enable the development of a policy framework and subsequent instruments that enhance the provision of non-market based ecosystem services, it is central to take...... into account the true value of the services that forests provide. Monetary valuation of ecosystem services can contribute towards better decision-making, i) by ensuring that policy appraisals take full account of benefits and costs of the environmental impacts; ii) by taking better account of costs associated...

  1. The estimated economic burden of genital herpes in the United States. An analysis using two costing approaches

    Directory of Open Access Journals (Sweden)

    Fisman David N

    2001-06-01

    Full Text Available Abstract Background Only limited data exist on the costs of genital herpes (GH in the USA. We estimated the economic burden of GH in the USA using two different costing approaches. Methods The first approach was a cross-sectional survey of a sample of primary and secondary care physicians, analyzing health care resource utilization. The second approach was based on the analysis of a large administrative claims data set. Both approaches were used to generate the number of patients with symptomatic GH seeking medical treatment, the average medical expenditures and estimated national costs. Costs were valued from a societal and a third party payer's perspective in 1996 US dollars. Results In the cross-sectional study, based on an estimated 3.1 million symptomatic episodes per year in the USA, the annual direct medical costs were estimated at a maximum of $984 million. Of these costs, 49.7% were caused by drug expenditures, 47.7% by outpatient medical care and 2.6% by hospital costs. Indirect costs accounted for further $214 million. The analysis of 1,565 GH cases from the claims database yielded a minimum national estimate of $283 million direct medical costs. Conclusions GH appears to be an important public health problem from the health economic point of view. The observed difference in direct medical costs may be explained with the influence of compliance to treatment and possible undersampling of subpopulations in the claims data set. The present study demonstrates the validity of using different approaches in estimating the economic burden of a specific disease to the health care system.

  2. Scientific and methodical approaches to analysis of enterprise development potential

    Directory of Open Access Journals (Sweden)

    Hrechina Iryna V.

    2014-01-01

    Full Text Available The modern state of the Ukrainian economy urge enterprises to search for new possibilities of their development, which makes the study subject topical. The article systemises existing approaches to analysis of the potential of enterprise development and marks out two main scientific approaches: first is directed at analysis of prospects of self-development of the economic system; the second – at analysis of probability of possibilities of growth. In order to increase the quality of the process of formation of methods of analysis of potential of enterprise development, the article offers an organisation model of methods and characterises its main elements. It develops methods of analysis, in the basis of which there are indicators of potentialogical sustainability. Scientific novelty of the obtained results lies in a possibility of identification of main directions of enterprise development with the use of the enterprise development potential ration: self-development or probability of augmenting opportunities, which is traced through interconnection of resources and profit.

  3. A novel approach for Milne's phase-amplitude method

    Science.gov (United States)

    Simbotin, I.; Shu, D.; Côté, R.

    2016-05-01

    We have uncovered a linear equation for the envelope function--fully equivalent with the original non-linear equation of Milne's--and have implemented a highly accurate and efficient numerical method for computing the envelope and the associated phase. Consequently, we obtain a high precision parametrization of the wavefunction, within a very economical approach. The key ingredients are: (i) straightforward optimization for smoothness, and (ii) Chebyshev polynomials as the workhorse for solving integro/differential equations. The latter also give a built-in interpolation, and allow for developing numerical tools that are robust, accurate, and convenient. Partial support from the US Army Research Office (Grant No. W911NF-13-1-0213), and from NSF (Grant No. PHY-1415560).

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

    Energy Technology Data Exchange (ETDEWEB)

    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

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

    Energy Technology Data Exchange (ETDEWEB)

    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.

  6. Economic aspects in landscape decision-making: a participatory planning tool based on a representative approach

    NARCIS (Netherlands)

    Heide, van der C.M.; Blaeij, de A.T.; Heijman, W.J.M.

    2008-01-01

    In this paper, we develop a method for spatial decision support that combines economic efficiency â¿¿ measured by the concept op willingness to pay â¿¿ with a participatory planning tool, that allows for an active collaboration among the actors involved, in such a way that decision makers can

  7. Seeds of Solutions(TM): An economical & efficient approach towards power engineering education

    Science.gov (United States)

    Alvarez, Eli

    Power demands are set to increase over the next twenty years; however, research shows that there may be a shortage of power engineers due to an appreciable percentage of the current power engineer workforce retiring, insufficient enrollment in power engineering programs and a lack of emphasis in power engineering at the university level. This thesis provides supporting research for future power demands, workforce and faculty shortages. Using temporary research in modern learning / teaching styles, student / teacher perceptions, educational trends and regional course offerings, this thesis describes a learning approach towards power engineering education. Designed specifically for universities with little to no power engineering course offerings and universities that wish to augment their existing approach, the approach incorporates an emphasis in fundamentals and engineering design making it economical and easy to implement. This thesis also includes three (3) video laboratory examples incorporating all elements of the approach.

  8. A survey of sequential Monte Carlo methods for economics and finance

    OpenAIRE

    Creal, D.D.

    2009-01-01

    This paper serves as an introduction and survey for economists to the field of sequential Monte Carlo methods which are also known as particle filters. Sequential Monte Carlo methods are simulation based algorithms used to compute the high-dimensional and/or complex integrals that arise regularly in applied work. These methods are becoming increasingly popular in economics and finance; from dynamic stochastic general equilibrium models in macro-economics to option pricing. The objective of th...

  9. An Environmental-Economic Dispatch Method for Smart Microgrids Using VSS_QGA

    Directory of Open Access Journals (Sweden)

    Wenxia Liu

    2014-01-01

    Full Text Available The increasing penetration of distributed generation resources demands better economic performance of microgrids under the smart-grid era. In this paper, a comprehensive environmental-economic dispatch method for smart microgrids is proposed, with the objective for minimizing the summation of generation and emission costs in the system. As the proposed model belongs to a large-scale nonlinear and nonconvex programming problem, a hybrid heuristic algorithm, named variable step-size chaotic fuzzy quantum genetic algorithm (VSS_QGA, is developed. The algorithm utilizes complementarity among multiple techniques including the variable step size optimization, the rotation mutational angle fuzzy control, and the quantum genetic algorithm and combines them so as to solve problems with superior accuracy and efficiency. The effectiveness of the proposed model is demonstrated through a case study on an actual microgrid system and the advantages in the performance of VSS_QGA is also verified through the comparison with genetic algorithm (GA, the evolutionary programming approach (EP, the quantum genetic algorithm (QGA, and the chaotic quantum genetic algorithm (CQGA.

  10. Economic analysis of nutrition interventions for chronic disease prevention: methods, research, and policy.

    Science.gov (United States)

    Wong, John B; Coates, Paul M; Russell, Robert M; Dwyer, Johanna T; Schuttinga, James A; Bowman, Barbara A; Peterson, Sarah A

    2011-09-01

    Increased interest in the potential societal benefit of incorporating health economics as a part of clinical translational science, particularly nutrition interventions, led the Office of Dietary Supplements at the National Institutes of Health to sponsor a conference to address key questions about the economic analysis of nutrition interventions to enhance communication among health economic methodologists, researchers, reimbursement policy makers, and regulators. Issues discussed included the state of the science, such as what health economic methods are currently used to judge the burden of illness, interventions, or healthcare policies, and what new research methodologies are available or needed to address knowledge and methodological gaps or barriers. Research applications included existing evidence-based health economic research activities in nutrition that are ongoing or planned at federal agencies. International and US regulatory, policy, and clinical practice perspectives included a discussion of how research results can help regulators and policy makers within government make nutrition policy decisions, and how economics affects clinical guideline development.

  11. Economic Methods of Ginger Protease'sextraction and Purification

    Science.gov (United States)

    Qiao, Yuanyuan; Tong, Junfeng; Wei, Siqing; Du, Xinyong; Tang, Xiaozhen

    This article reports the ginger protease extraction and purification methods from fresh ginger rhizome. As to ginger protease extraction, we adapt the steps of organic solvent dissolving, ammonium sulfate depositing and freeze-drying, and this method can attain crude enzyme powder 0.6% weight of fresh ginger rhizome. The purification part in this study includes two steps: cellulose ion exchange (DEAE-52) and SP-Sephadex 50 chromatography, which can purify crude ginger protease through ion and molecular weight differences respectively.

  12. Economic Analysis: An Approach to Provide Basic Guidance for Conducting and Reviewing Economic Analysis within the Venezuelan Navy.

    Science.gov (United States)

    1986-06-01

    la Armada (EMGAR)-- Staff of the Navy ------------------------- 18 b. Direction de Presupuesto Programac ion Ecomica (DIPPE)-Direction of Budget and...Economic Programming -------------------- 18 c. Cornite De Programacion y Presupuesto (CPP)-- Programming and Budget Committee-----------18 3. Major...development. This analysis is included in the annual budget. b. Direction de Presupuesto Programaclon Ecomica (DIPPE)- Direction of Budget and Economic

  13. Economic valuation of environmental benefits from wastewater treatment processes: an empirical approach for Spain.

    Science.gov (United States)

    Hernández-Sancho, Francesc; Molinos-Senante, María; Sala-Garrido, Ramón

    2010-01-15

    Economic research into the design and implementation of policies for the efficient management of water resources has been emphasized by the European Water Framework Directive (Directive 2000/60/EC). The efficient implementation of policies to prevent the degradation and depletion of water resources requires determining their value in social and economic terms and incorporating this information into the decision-making process. A process of wastewater treatment has many associated environmental benefits. However, these benefits are often not calculated because they are not set by the market, due to inadequate property rights, the presence of externalities, and the lack of perfect information. Nevertheless, the valuation of these benefits is necessary to justify a suitable investment policy and a limited number of studies exist on the subject of the economic valuation of environmental benefits. In this paper, we propose a methodology based on the estimation of shadow prices for the pollutants removed in a treatment process. This value represents the environmental benefit (avoided cost) associated with undischarged pollution. This is a pioneering approach to the economic valuation of wastewater treatment. The comparison of these benefits with the internal costs of the treatment process will provide a useful indicator for the feasibility of wastewater treatment projects.

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

    Directory of Open Access Journals (Sweden)

    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.

  15. Modelling the impact of mining on socio-economic infrastructure development: a system dynamics approach

    Directory of Open Access Journals (Sweden)

    Maluleke, George

    2016-12-01

    Full Text Available The contribution of mining activities to social infrastructure and human development is a complex socio-economic development issue in South Africa. Complexity theory has introduced a new approach to solving problems in social systems, recognising them as complex systems. The socio-economic development system in South Africa falls into this category of complex systems. Analysing such a system requires that a number of feedback loops and details about the issues be analysed simultaneously. This level of complexity is above a human’s ability to comprehend without the aid of tools such as systems thinking and system dynamics. The causality between investment in infrastructure capacity and socio-economic development is dynamic. The relationship is influenced by exogenous feedback that, if not managed, is likely to reverse itself. This paper presents the results of a system dynamics modelling of the relationship, based on the principle of relative attractiveness developed in previous system dynamics research. A Monte Carlo analysis is used to determine the sensitivity of the system to changes in feedback. The paper concludes that the limits to growth in a socio-economic environment are determined by more factors than the availability of capital, and also include land capacity constraints and skills shortage.

  16. Methods of Use of an Online Economics Textbook

    Science.gov (United States)

    Miller, Jon R.; Baker-Eveleth, Lori

    2010-01-01

    The rising cost of college textbooks over the last decade provides an opportunity for alternatives. Electronic or online textbooks are an effective substitute to the traditional paper-based textbooks, although students have been slow to transition to the new method. A custom, professor-written online textbook not only addresses the reduction in…

  17. The Evaluation of Main Methods and Approaches in Language Teaching

    Institute of Scientific and Technical Information of China (English)

    夏欣

    2008-01-01

    Language teaching has a long,fascinating,but rather tortuous history.(Stern,1984) For over a century,there have been.many methods and approaches in language teaching.This article is mainly focused on three methods and approaches:the Grammar-translation Method;the Direct Method and Audio-lingual Approach and the Com-municative Approach.First We will define"method"and"approach",and then we will focus on the main character-istics.advantages and limitations of each method or approach.

  18. The Review of Approaches and Methods in Language Teaching

    Institute of Scientific and Technical Information of China (English)

    李瑞君

    2016-01-01

    the thesis focuses on the review on the definition and the features of all kinds of approaches and methods in language teaching mainly in⁃cluding the Grammar-Translation Method,the oral approach and situational language teaching,the audiolingual method,total physical response, and sums up the differences and similarities among different language teaching approaches and methods.

  19. [Empirical standard costs for health economic evaluation in Germany -- a proposal by the working group methods in health economic evaluation].

    Science.gov (United States)

    Krauth, C; Hessel, F; Hansmeier, T; Wasem, J; Seitz, R; Schweikert, B

    2005-10-01

    Measurement of health care costs is a crucial task in health economic evaluation. Various guidelines with different amount of details have been set up for costing methods in economic evaluation which, however, do not precisely stipulate how to value resource consumption. In this article we present a proposal for the standardisation of the monetary valuation of health care utilisation occurring in the follow up period after the actual intervention to be evaluated. From a societal perspective the primary direct and indirect cost components are considered, such as outpatient medical care, pharmaceuticals, non-physician health services, inpatient care, days of sick leave and early retirement due to sickness. The standard costs are based on administrative charges and rates or on official statistics. They are based on the most current data sources which are mainly from 2002 and 2003. This system of standard costs aims at an average valuation of resource consumption. This makes for the comparability of different health economic studies. Most standard costs are not based on market prices but on administratively specified charges and rates. This implies that institutional changes which are quite common in the health care system, may also affect the valuation rates, for example the introduction of DRGs. This should be taken into account when updating the system of standard costs.

  20. Economic Evaluation for Energy Business Using Real Options Pricing Method

    Energy Technology Data Exchange (ETDEWEB)

    Yun, W.C. [Korea Energy Economics Institute, Euiwang (Korea)

    2001-11-01

    Recently, facing the new era of restructuring, privatization, and liberalization the energy industry in the world is changing rapidly, and thus the uncertain factors tend to increase. This would imply that energy-related business is now confronted with new market risks as well as the simple price risks. The traditional investment valuation method using the concept of net present value (NPV) or internal rate of revenue (IRR) might not incorporate the managerial alternatives which enable managers to respond flexibly to the changes in business environment. This study pointed out the problems of the traditional discounted cash flow (DCF) method when evaluating a certain capital investment in energy industry. As an alternative, the real option pricing method (ROPM) was proposed, which is widely adopted in the field of profit projection for the venture business. In addition, when applying to energy sector the feasibility of ROPM was discussed, and the frameworks and major results of previous related studies were described. For those using the ROPM in real business, I explained the detailed procedures and solutions of ROPM, and introduced the log-transformed binomial model which provides a more efficient solution. In order to verify the usefulness of the ROPM, this study performed an empirical analysis for a virtual construction and operation project of power plant. And, the results from the ROPM was compared to those from the traditional DCF method. Based on the empirical results, the values of various investment opportunities were shown to be high. Therefore, the project not justified in terms of traditional DCF would turn into the project with a positive gross project value, properly reflecting managerial flexibilities inherent in the original project. (author). 58 refs., 32 figs., 33 tabs.

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

    Institute of Scientific and Technical Information of China (English)

    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.

  2. Methodical approach to the assessment of professional competence for the innovation economy

    Directory of Open Access Journals (Sweden)

    I. M. Podmolodina

    2013-01-01

    Full Text Available In modern economic conditions effectively carry out innovative activity could only highly professional personnel. For an assessment of competences of the enterprise employees we offer the methodical approach, allowing defining readiness of the enterprise employee for innovative activity from the point of view of its competences and personal qualities.

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

    Directory of Open Access Journals (Sweden)

    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

  4. A hybrid HNN-QP approach for dynamic economic dispatch problem

    Energy Technology Data Exchange (ETDEWEB)

    Abdelaziz, A.Y.; Kamh, M.Z.; Mekhamer, S.F.; Badr, M.A.L. [Department of Electrical Power and Machines, Faculty of Engineering, Ain Shams University, 1 Elsarayat Street, Abdo Basha Square, Abbassia, Cairo (Egypt)

    2008-10-15

    This paper introduces a solution of the dynamic economic dispatch (DED) problem using a hybrid approach of Hopfield neural network (HNN) and quadratic programming (QP). The hybrid algorithm is based on using enhanced HNN; to solve the static part of the problem; the QP algorithm for solving the dynamic part of the DED. This technique guarantees the global optimality of the solution due to its look-ahead capability. The new algorithm is applied and tested to an example from the literature and the solution is then compared with that obtained by some other techniques to prove the superiority and effectiveness of the proposed algorithm. (author)

  5. A Rapid Grid Search Method for Solving Dynamic Programming Problems in Economics

    OpenAIRE

    Hui He; Hao Zhang

    2013-01-01

    We introduce a rapid grid search method in solving dynamic programming problems in economics. Compared to mainstream grid search methods, by using local information of the Bellman equation, this method can significantly increase the efficiency in solving dynamic programming problems by reducing the grid points searched in the control space.

  6. A Note on a Rapid Grid Search Method for Solving Dynamic Programming Problems in Economics

    OpenAIRE

    Hui He; Hao Zhang

    2010-01-01

    We introduce a rapid grid search method in solving the dynamic programming problems in economics. Compared to mainstream grid search methods, by using local information of the Bellman equation, this method can significantly increase the efficiency in solving dynamic programming problems by reducing the grid points searched in the control space.

  7. An integrated multi criteria approach for landfill siting in a conflicting environmental, economical and socio-cultural area.

    Science.gov (United States)

    Eskandari, Mahnaz; Homaee, Mehdi; Mahmodi, Shahla

    2012-08-01

    Landfill site selection is a complicated multi criteria land use planning that should convince all related stakeholders with different insights. This paper addresses an integrating approach for landfill siting based on conflicting opinions among environmental, economical and socio-cultural expertise. In order to gain optimized siting decision, the issue was investigated in different viewpoints. At first step based on opinion sampling and questionnaire results of 35 experts familiar with local situations, the national environmental legislations and international practices, 13 constraints and 15 factors were built in hierarchical structure. Factors divided into three environmental, economical and socio-cultural groups. In the next step, the GIS-database was developed based on the designated criteria. In the third stage, the criteria standardization and criteria weighting were accomplished. The relative importance weights of criteria and subcriteria were estimated, respectively, using analytical hierarchy process and rank ordering methods based on different experts opinions. Thereafter, by using simple additive weighting method, the suitability maps for landfill siting in Marvdasht, Iran, was evaluated in environmental, economical and socio-cultural visions. The importance of each group of criteria in its own vision was assigned to be higher than two other groups. In the fourth stage, the final suitability map was obtained after crossing three resulted maps in different visions and reported in five suitability classes for landfill construction. This map indicated that almost 1224 ha of the study area can be considered as best suitable class for landfill siting considering all visions. In the last stage, a comprehensive field visit was performed to verify the selected site obtained from the proposed model. This field inspection has confirmed the proposed integrating approach for the landfill siting.

  8. Mathematical programming based approaches for classes of complex network problems : economical and sociological applications

    OpenAIRE

    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...

  9. The Method of Economic Analysis of International Law: What are its Limits?

    DEFF Research Database (Denmark)

    Tang, Yi Shin

    2016-01-01

    The article discusses the most recent developments regarding the use of the so-called “economic analysis” approaches to international law. It reviews the main features of this methodology and its potential contribution for promoting critical scholarship in international legal studies, particularly...

  10. Moving Forward in African Economic History: Bridging the Gap Between Methods and Sources

    NARCIS (Netherlands)

    Jerven, M.; Austin, G.; Green, E.; Chibuike, U.; Frankema, E.H.P.; Fourie, J.; Inikori, J.E.; Moradi, A.; Hillbom, E.

    2012-01-01

    The field of African economic history is in resurgence. This paper reviews recent and on-going research contributions and notes strengths in their wide methodological, conceptual and topical variety. In these strengths there is also a challenge: different methodological approaches may also result in

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

    Science.gov (United States)

    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.

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

    Directory of Open Access Journals (Sweden)

    Nahid Hatam

    2016-03-01

    Full Text Available 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.

  13. Cloud computing methods and practical approaches

    CERN Document Server

    Mahmood, Zaigham

    2013-01-01

    This book presents both state-of-the-art research developments and practical guidance on approaches, technologies and frameworks for the emerging cloud paradigm. Topics and features: presents the state of the art in cloud technologies, infrastructures, and service delivery and deployment models; discusses relevant theoretical frameworks, practical approaches and suggested methodologies; offers guidance and best practices for the development of cloud-based services and infrastructures, and examines management aspects of cloud computing; reviews consumer perspectives on mobile cloud computing an

  14. The Use of Computer Simulation Methods to Reach Data for Economic Analysis of Automated Logistic Systems

    Science.gov (United States)

    Neradilová, Hana; Fedorko, Gabriel

    2016-12-01

    Automated logistic systems are becoming more widely used within enterprise logistics processes. Their main advantage is that they allow increasing the efficiency and reliability of logistics processes. In terms of evaluating their effectiveness, it is necessary to take into account the economic aspect of the entire process. However, many users ignore and underestimate this area,which is not correct. One of the reasons why the economic aspect is overlooked is the fact that obtaining information for such an analysis is not easy. The aim of this paper is to present the possibilities of computer simulation methods for obtaining data for full-scale economic analysis implementation.

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

    Directory of Open Access Journals (Sweden)

    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.

  16. A Multidisciplinary, Science-Based Approach to the Economics of Climate Change

    Directory of Open Access Journals (Sweden)

    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. METHODS OF DETERMINATION OF POTENTIAL AREAS OF FORMING SOCIO-ECONOMIC INNOVATIVE CLUSTERS IN THE REGION

    Directory of Open Access Journals (Sweden)

    Oleg A. Donichev

    2013-01-01

    Full Text Available The article describes the main problems of formation of innovation clusters in the regions, the role and the importance of government in these issues. The characteristics of the main socio-economic and innovative performances of the region are analyzed to determine its potential for creating innovative economic cluster. The methods for detecting possible potential areas of formation of such cluster are developed.

  18. Mind shift, mode shift: a lifestyle approach to reducing car ownership and use based on behavioural economics and social marketing.

    Science.gov (United States)

    Young, Stephen; Caisey, Vivienne

    2010-05-01

    This paper sets out a new approach to the Wicked Problems of obesity and climate change, and the linked and causative Wicked Problem of increasing car ownership and use. Policies to bring about modal shift from car dependence to forms of transport that cause lower emissions, and are less obesogenic, are conventionally based on framing car use as an externality to be addressed by policies such as taxation or regulation. These policies have been hampered by the reluctance of politicians and policymakers to countenance electoral risk by impinging on the individual's perceived right to personal mobility. This paper's approach combines insights and methods from behavioural economics and social marketing: it shifts the focus by considering car ownership and use not as an externality to be addressed in the aggregate, but as the product of individual behaviours and lifestyle choices. Behavioural economics can help to uncover the motivations, heuristics and cognitive biases behind such behaviours. Social marketing builds on the premise that people will only change their behaviour if they are sufficiently motivated to do so. It can be used to design interventions which help sectors of the population make transport choices that are more optimal--both for the individuals concerned and for all of us who are affected by these Wicked Problems.

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

    Science.gov (United States)

    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.

  20. A model comparison approach shows stronger support for economic models of fertility decline.

    Science.gov (United States)

    Shenk, Mary K; Towner, Mary C; Kress, Howard C; Alam, Nurul

    2013-05-14

    The demographic transition is an ongoing global phenomenon in which high fertility and mortality rates are replaced by low fertility and mortality. Despite intense interest in the causes of the transition, especially with respect to decreasing fertility rates, the underlying mechanisms motivating it are still subject to much debate. The literature is crowded with competing theories, including causal models that emphasize (i) mortality and extrinsic risk, (ii) the economic costs and benefits of investing in self and children, and (iii) the cultural transmission of low-fertility social norms. Distinguishing between models, however, requires more comprehensive, better-controlled studies than have been published to date. We use detailed demographic data from recent fieldwork to determine which models produce the most robust explanation of the rapid, recent demographic transition in rural Bangladesh. To rigorously compare models, we use an evidence-based statistical approach using model selection techniques derived from likelihood theory. This approach allows us to quantify the relative evidence the data give to alternative models, even when model predictions are not mutually exclusive. Results indicate that fertility, measured as either total fertility or surviving children, is best explained by models emphasizing economic factors and related motivations for parental investment. Our results also suggest important synergies between models, implicating multiple causal pathways in the rapidity and degree of recent demographic transitions.

  1. Transparency in European banking system – a technical and economic approach

    Directory of Open Access Journals (Sweden)

    Ștefănescu Cristina Alexandrina

    2014-03-01

    Full Text Available The objective of our paper is to provide a comprehensive analysis of possible relationships between two different approaches of “transparency” – the technical vs. the economic one. Thus, irrespective of prior literature, our paper goes beyond a “solo” analysis of either of two above-mentioned “facets”, by providing a combined study. So, we focused on both (1 XBRL’s role in enhancing the quality of disclosure, by assessing its benefices and consequences and (2 corporate governance mechanism’s power to improve efficiency and effectiveness of banking supervision by encouraging transparency. The results of the performed analysis generally reveal that there is a strong and positive relationship between the level of disclosure promoted by corporate governance codes enforced in European Union countries and the degree of implementation of both XBRL-based projects designed for banking environment (FINREP and COREP. Consequently, we can assert that there is a consensus between the economic and technical approach of transparency in European banking system

  2. Innovation by discourse - a new approach in the evaluation of sustainable economics success

    Energy Technology Data Exchange (ETDEWEB)

    O`Hara, S. [Rensselaer Polytechnic Institute, Troy, NY (United States)

    1997-12-31

    Standard economic valuation relies on input prices (costs) and product prices (revenues) to communicate the value of economic activity to the firm as well as society at large. This reliance of prices to communicate value discriminates against services, products and activities that are not easily priced or evaluated according to their exchange value. Even when methods are applied which seek to assign monetary value artificially, that is outside the common market mechanism of production and consumption activities, price based valuation remains seriously flawed. It assumes the commensurability of wants, the preference of present value and the ability to express uncertainty in risk assessment categories. This paper outlines the expanded rationality of discourse based valuation and argues the advantages discursive valuation offers in addressing large scale complex systems changes like global climate change.

  3. Qualitative Approaches to Mixed Methods Practice

    Science.gov (United States)

    Hesse-Biber, Sharlene

    2010-01-01

    This article discusses how methodological practices can shape and limit how mixed methods is practiced and makes visible the current methodological assumptions embedded in mixed methods practice that can shut down a range of social inquiry. The article argues that there is a "methodological orthodoxy" in how mixed methods is practiced…

  4. Bionic Design Methods - A practical approach

    DEFF Research Database (Denmark)

    Kepler, Jørgen Asbøll; Stokholm, Marianne Denise J.

    2004-01-01

    product design. From a formulation of design demands, which need not necessarily be very precise, the approach continues with a study of natural objects (anaimals, plants) which are subject to the same demands. From this study, the working principle(s) are derived. This (these) are then clarified through...

  5. The economics of project analysis: Optimal investment criteria and methods of study

    Science.gov (United States)

    Scriven, M. C.

    1979-01-01

    Insight is provided toward the development of an optimal program for investment analysis of project proposals offering commercial potential and its components. This involves a critique of economic investment criteria viewed in relation to requirements of engineering economy analysis. An outline for a systems approach to project analysis is given Application of the Leontief input-output methodology to analysis of projects involving multiple processes and products is investigated. Effective application of elements of neoclassical economic theory to investment analysis of project components is demonstrated. Patterns of both static and dynamic activity levels are incorporated.

  6. Methods of the Development Strategy of Service Companies: Logistical Approach

    Science.gov (United States)

    Toymentseva, Irina A.; Karpova, Natalya P.; Toymentseva, Angelina A.; Chichkina, Vera D.; Efanov, Andrey V.

    2016-01-01

    The urgency of the analyzed issue is due to lack of attention of heads of service companies to the theory and methodology of strategic management, methods and models of management decision-making in times of economic instability. The purpose of the article is to develop theoretical positions and methodical recommendations on the formation of the…

  7. A SIMULTANEOUS APPROACH TO WATER-RESOURCE PROTECTION AND ECONOMIC STRUCTURAL ADJUSTMENT-A Case Study of Guanzhong Region in the Huanghe River Basin, China

    Institute of Scientific and Technical Information of China (English)

    2002-01-01

    A regional multiple-objectiv e water-resource and economic optimization model wasdevelopednsingaqnantita-five method of systematic analysis. Input to the model includes indexes of economic structure and development, wa-ter-resource utilization, wastewater and pollutant discharge, and investment in wastewater treatment. The model, whichconsists of production-structure and industrial-structure optimization modules, was applied to the Guanzhong region in themiddle reaches of the Huanghe (Yellow) River basin in China. By evaluating several alternative production and industrializa-tion schemes, the modal indicate that water pollution will get worsen though wastewater treatment improves if the economycontinues to develop at the planned speed without structural adjustment. However, the results also show that not only econom-ic goals but also water-resource protection and pollution-control targets can be achieved under an alternative, recommend-ed production and industrial structure. This example illustrates that economic development and environmental protectioncan be improved coordinately by the regional multiple-objective water-resource and economic optimization model. It pro-vides an operable approach to the simultaneous sustained development of water resources and economic growth.

  8. Is It Possible to Apply Multidimensional Graphical Methods in The Teaching and Learning of Economics?

    Directory of Open Access Journals (Sweden)

    Mario Arturo Ruiz Estrada

    2013-12-01

    Full Text Available This article explores the effectiveness of applying a new multidimensional graphical method to the teaching and learning of economics. In essence, the paper extends the significance of multi-dimensional graphs to study any economic phenomenon from a multidimensional perspective. The paper proposes the introduction of a new set of multidimensional coordinate spaces that should clearly and logically propose the effective visualization of complex and dynamic economic phenomena into the same graphical space and time with which the effectiveness of multidimensional graphs for real practical purposes can be evaluated. From the analyses carried out, which are based on both primary and secondary data sources, the article argues that multidimensional graphs can actually be evaluated to understand the degree of their effectiveness in visualizing economic problems affecting society on different levels.

  9. Approaches to refining estimates of global burden and economics of dengue.

    Science.gov (United States)

    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

    2014-11-01

    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, pre-existing medical conditions, all contribute to the disease's complexity. This systematic review aims to identify and examine estimates of dengue disease burden and costs, discuss major sources of uncertainty, and suggest next steps to improve estimates. Economic analysis of dengue is mainly concerned with costs of illness, particularly in estimating total episodes of symptomatic dengue. However, national dengue disease reporting systems show a great diversity in design and implementation, hindering accurate global estimates of dengue episodes and country comparisons. A combination of immediate, short-, and long-term strategies could substantially improve estimates of disease and, consequently, of economic burden of dengue. Suggestions for immediate implementation include refining analysis of currently available data to adjust reported episodes and expanding data collection in empirical studies, such as documenting the number of ambulatory visits before and after hospitalization and including breakdowns by age. Short-term recommendations include merging multiple data sources, such as cohort and surveillance data to evaluate the accuracy of reporting rates (by health sector, treatment, severity, etc.), and using covariates to extrapolate dengue incidence to locations with no or limited reporting. Long-term efforts aim at strengthening capacity to document dengue transmission using serological methods to systematically analyze and relate to epidemiologic data. As promising tools

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

    Directory of Open Access Journals (Sweden)

    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.

  11. Numerical Methods for Stochastic Computations A Spectral Method Approach

    CERN Document Server

    Xiu, Dongbin

    2010-01-01

    The first graduate-level textbook to focus on fundamental aspects of numerical methods for stochastic computations, this book describes the class of numerical methods based on generalized polynomial chaos (gPC). These fast, efficient, and accurate methods are an extension of the classical spectral methods of high-dimensional random spaces. Designed to simulate complex systems subject to random inputs, these methods are widely used in many areas of computer science and engineering. The book introduces polynomial approximation theory and probability theory; describes the basic theory of gPC meth

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

    Directory of Open Access Journals (Sweden)

    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.

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

    Science.gov (United States)

    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.

  14. Estimating the economic impacts of ecosystem restoration—Methods and case studies

    Science.gov (United States)

    Cullinane Thomas, Catherine; Huber, Christopher; Skrabis, Kristin; Sidon, Joshua

    2016-04-05

    Federal investments in ecosystem restoration projects protect Federal trusts, ensure public health and safety, and preserve and enhance essential ecosystem services. These investments also generate business activity and create jobs. It is important for restoration practitioners to be able to quantify the economic impacts of individual restoration projects in order to communicate the contribution of these activities to local and national stakeholders. This report provides a detailed description of the methods used to estimate economic impacts of case study projects and also provides suggestions, lessons learned, and trade-offs between potential analysis methods.

  15. Workshop Report: concepts and methods in the economics of nutrition--gateways to better economic evaluation of nutrition interventions.

    Science.gov (United States)

    Lenoir-Wijnkoop, I; Nuijten, M J C; Gutiérrez-Ibarluzea, I; Hutton, J; Poley, M J; Segal, L; Bresson, J L; van Ganse, E; Jones, P; Moreno, L; Salminen, S; Dubois, D

    2012-11-14

    Improving health through better nutrition of the population may contribute to enhanced efficiency and sustainability of healthcare systems. A recent expert meeting investigated in detail a number of methodological aspects related to the discipline of nutrition economics. The role of nutrition in health maintenance and in the prevention of non-communicable diseases is now generally recognised. However, the main scope of those seeking to contain healthcare expenditures tends to focus on the management of existing chronic diseases. Identifying additional relevant dimensions to measure and the context of use will become increasingly important in selecting and developing outcome measurements for nutrition interventions. The translation of nutrition-related research data into public health guidance raises the challenging issue of carrying out more pragmatic trials in many areas where these would generate the most useful evidence for health policy decision-making. Nutrition exemplifies all the types of interventions and policy which need evaluating across the health field. There is a need to start actively engaging key stakeholders in order to collect data and to widen health technology assessment approaches for achieving a policy shift from evidence-based medicine to evidence-based decision-making in the field of nutrition.

  16. Enhancing Sustainable Innovation by Design: an Approach to the Co-creation of Economic, Social and Environmental Value

    NARCIS (Netherlands)

    S. Rocchi

    2005-01-01

    textabstractThe thesis introduces a new, flexible and easy-to-use methodological design approach to envisioning product-service systems able to create economic value for business, as well as social and environmental benefits for society. Such an approach has been developed to support business innova

  17. Renewable energy consumption and economic growth in nine OECD countries: bounds test approach and causality analysis.

    Science.gov (United States)

    Hung-Pin, Lin

    2014-01-01

    The purpose of this paper is to investigate the short-run and long-run causality between renewable energy (RE) consumption and economic growth (EG) in nine OECD countries from the period between 1982 and 2011. To examine the linkage, this paper uses the autoregressive distributed lag (ARDL) bounds testing approach of cointegration test and vector error-correction models to test the causal relationship between variables. The co-integration and causal relationships are found in five countries-United States of America (USA), Japan, Germany, Italy, and United Kingdom (UK). The overall results indicate that (1) a short-run unidirectional causality runs from EG to RE in Italy and UK; (2) long-run unidirectional causalities run from RE to EG for Germany, Italy, and UK; (3) a long-run unidirectional causality runs from EG to RE in USA, and Japan; (4) both long-run and strong unidirectional causalities run from RE to EG for Germany and UK; and (5) Finally, both long-run and strong unidirectional causalities run from EG to RE in only USA. Further evidence reveals that policies for renewable energy conservation may have no impact on economic growth in France, Denmark, Portugal, and Spain.

  18. Renewable Energy Consumption and Economic Growth in Nine OECD Countries: Bounds Test Approach and Causality Analysis

    Directory of Open Access Journals (Sweden)

    Lin Hung-Pin

    2014-01-01

    Full Text Available The purpose of this paper is to investigate the short-run and long-run causality between renewable energy (RE consumption and economic growth (EG in nine OECD countries from the period between 1982 and 2011. To examine the linkage, this paper uses the autoregressive distributed lag (ARDL bounds testing approach of cointegration test and vector error-correction models to test the causal relationship between variables. The co-integration and causal relationships are found in five countries—United States of America (USA, Japan, Germany, Italy, and United Kingdom (UK. The overall results indicate that (1 a short-run unidirectional causality runs from EG to RE in Italy and UK; (2 long-run unidirectional causalities run from RE to EG for Germany, Italy, and UK; (3 a long-run unidirectional causality runs from EG to RE in USA, and Japan; (4 both long-run and strong unidirectional causalities run from RE to EG for Germany and UK; and (5 Finally, both long-run and strong unidirectional causalities run from EG to RE in only USA. Further evidence reveals that policies for renewable energy conservation may have no impact on economic growth in France, Denmark, Portugal, and Spain.

  19. Adopting a farming systems research approach to carry out an economic and environmental analysis of food supply chains

    DEFF Research Database (Denmark)

    Tavella, Elena; Pedersen, Søren Marcus; Gylling, Morten

    2012-01-01

    as to structure and manage research projects. The aim of this paper is to suggest and present a guideline for agricultural researchers to carry out an economic and environmental analysis of food supply chains with a FSR approach. We describe how participants of the EU-project SOLIBAM (Strategies for Organic...... and 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......Agricultural systems are complex, because managers need to cope with interlinked and dynamic ecological, social, political and economic aspects. Understanding and analysing such systems requires researchers to adopt a holistic approach to grasp the links between those aspects. Holistic approaches...

  20. A study on the overall economic risks of a hypothetical severe accident in nuclear power plant using the delphi method

    Energy Technology Data Exchange (ETDEWEB)

    Jang, Han Ki; Kim, Joo Yeon; Lee, Jai Ki [Hanyang University, Seoul (Korea, Republic of)

    2008-12-15

    Potential economic impact of a hypothetical severe accident at a nuclear power plant(Uljin units 3/4) was estimated by applying the delphi method, which is based on the expert judgements and opinions, in the process of quantifying uncertain factor. For the purpose of this study, it is assumed that the radioactive plume directs the inland direction. Since the economic risk can be divided into direct costs and indirect effects and more uncertainties are involved in the latter, the direct costs were estimated first and the indirect effects were then estimated by applying a weighting factor to the direct cost. The delphi method however subjects to risk of distortion or discrimination of variables because of the human behavior pattern. A mathematical approach based on the Bayesian inferences was employed for data processing to improve the delphi results. For this task, a model for data processing was developed. One-dimensional Monte Carlo analysis was applied to get a distribution of values of the weighting factor. The mean and median values of the weighting factor for the indirect effects appeared to be 2.59 and 2.08, respectively. These values are higher than the value suggested by OECD/NEA, 1.25. Some factors such as small territory and public attitude sensitive to radiation could affect the judgement of panel. Then the parameters of the model for estimating the direct costs were classified as U- and V-types, and two-dimensional Monte Carlo analysis was applied to quantify the overall economic risk. The resulting median of the overall economic risk was about 3.9% of the Gross Domestic Products (GDP) of Korea in 2006. When the cost of electricity loss, the highest direct cost, was not taken into account, the overall economic risk was reduced to 2.2% of GDP. This assessment can be used as a reference for justifying the radiological emergency planning and preparedness.

  1. Approaches to Mixed Methods Dissemination and Implementation Research: Methods, Strengths, Caveats, and Opportunities

    OpenAIRE

    Green, Carla A.; Duan, Naihua; Gibbons, Robert D.; Hoagwood, Kimberly E; Palinkas, Lawrence A.; Wisdom, Jennifer P.

    2015-01-01

    Limited translation of research into practice has prompted study of diffusion and implementation, and development of effective methods of encouraging adoption, dissemination and implementation. Mixed methods techniques offer approaches for assessing and addressing processes affecting implementation of evidence-based interventions. We describe common mixed methods approaches used in dissemination and implementation research, discuss strengths and limitations of mixed methods approaches to data...

  2. Method for use of economical optimization in design of nearly zero energy buildings

    DEFF Research Database (Denmark)

    Hansen, Sanne; Svendsen, Svend

    2011-01-01

    methods of designing such buildings in an economical optimized way. A method of finding the economical optimal solutions has been set up based on use of the cost of conserved energy for each main building envelope part and building service system. By use of information on construction cost and a simple......Nearly zero energy buildings are to become a requirement as part of the European energy policy. There are many ways of designing buildings to become nearly zero energy buildings, but there is a lack of knowledge on how to do it in the most economical way. Therefore it is very important to develop...... model of the energy use for each component, a function is set up that represents the relation of the marginal cost of conserved energy and the energy use for different qualities of the component. For building envelopes, the energy use will be the heat loss during heating season, and the main quality...

  3. The relationship between carbon dioxide emission and economic growth: Hierarchical structure methods

    Science.gov (United States)

    Deviren, Seyma Akkaya; Deviren, Bayram

    2016-06-01

    Carbon dioxide (CO2) emission has an essential role in the current debate on sustainable development and environmental protection. CO2 emission is also directly linked with use of energy which plays a focal role both for production and consumption in the world economy. Therefore the relationship between the CO2 emission and economic growth has a significant implication for the environmental and economical policies. In this study, within the scope of sociophysics, the topology, taxonomy and relationships among the 33 countries, which have almost the high CO2 emission and economic growth values, are investigated by using the hierarchical structure methods, such as the minimal spanning tree (MST) and hierarchical tree (HT), over the period of 1970-2010. The average linkage cluster analysis (ALCA) is also used to examine the cluster structure more clearly in HTs. According to their proximity, economic ties and economic growth, different clusters of countries are identified from the structural topologies of these trees. We have found that the high income & OECD countries are closely connected to each other and are isolated from the upper middle and lower middle income countries from the MSTs, which are obtained both for the CO2 emission and economic growth. Moreover, the high income & OECD clusters are homogeneous with respect to the economic activities and economic ties of the countries. It is also mentioned that the Group of Seven (G7) countries (CAN, ENG, FRA, GER, ITA, JPN, USA) are connected to each other and these countries are located at the center of the MST for the results of CO2 emission. The same analysis may also successfully apply to the other environmental sources and different countries.

  4. Socio-economic scenario development for the assessment of climate change impacts on agricultural land use: a pairwise comparison approach

    DEFF Research Database (Denmark)

    Abildtrup, Jens; Audsley, E.; Fekete-Farkas, M.;

    2006-01-01

    -economic scenarios that are consistent with climate change scenarios used in climate impact studies. Furthermore, the pairwise comparison approach developed by Saaty [Saaty, T.L., 1980. The Analytic Hierarchy Process. McGraw Hill, New York] provides a useful tool for the quantification from narrative storylines......Assessment of the vulnerability of agriculture to climate change is strongly dependent on concurrent changes in socio-economic development pathways. This paper presents an integrated approach to the construction of socio-economic scenarios required for the analysis of climate change impacts...... on European agricultural land use. The scenarios are interpreted from the storylines described in the intergovernmental panel on climate change (IPCC) special report on emission scenarios (SRES), which ensures internal consistency between the evolution of socio-economics and climate change. A stepwise...

  5. METHODICAL APPROACH TO CORPORATE SUSTAINABILITY PLANNING

    OpenAIRE

    Vladimir Modrak; Ioan Constantin Dima; Mariana Man

    2011-01-01

    The aim of this article is to present some methodical aspects of CSF. Corporate Sustainability Planning (CSP) can be defined as “the process of specific strategies and action plan development to help ensure the long-term goals”. In generally, this presents a complex process and task which includes considering the full range of resources and competencies such as financial, political, administrative and managerial.

  6. Environmental and Economic Optimization Model for Electric System Planning in Ningxia, China: Inexact Stochastic Risk-Aversion Programming Approach

    Directory of Open Access Journals (Sweden)

    L. Ji

    2015-01-01

    Full Text Available The main goal of this paper is to provide a novel risk aversion model for long-term electric power system planning from the manager’s perspective with the consideration of various uncertainties. In the proposed method, interval parameter programming and two-stage stochastic programming are integrated to deal with the technical, economics, and policy uncertainties. Moreover, downside risk theory is introduced to balance the trade-off between the profit and risk according to the decision-maker’s risk aversion attitude. To verify the effectiveness and practical application of this approach, an inexact stochastic risk aversion model is developed for regional electric system planning and management in Ningxia Hui Autonomous Region, China. The series of solutions provide the decision-maker with the optimal investment strategy and operation management under different future emission reduction scenarios and risk-aversion levels. The results indicated that pollution control devices are still the main measures to achieve the current mitigation goal and the adjustment of generation structure would play an important role in the future cleaner electricity system with the stricter environmental policy. In addition, the model can be used for generating decision alternatives and helping decision-makers identify desired energy structure adjustment and pollutants/carbon mitigation abatement policies under various economic and system-reliability constraints.

  7. Randomized Controlled Trial of Teaching Methods: Do Classroom Experiments Improve Economic Education in High Schools?

    Science.gov (United States)

    Eisenkopf, Gerald; Sulser, Pascal A.

    2016-01-01

    The authors present results from a comprehensive field experiment at Swiss high schools in which they compare the effectiveness of teaching methods in economics. They randomly assigned classes into an experimental and a conventional teaching group, or a control group that received no specific instruction. Both teaching treatments improve economic…

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

    Directory of Open Access Journals (Sweden)

    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.

  9. Methods for measuring denitrification: Diverse approaches to a difficult problem

    DEFF Research Database (Denmark)

    Groffman, Peter M.; Altabet, Mark A.; Böhlke, J. K.

    2006-01-01

    , and global scales. Unfortunately, this process is very difficult to measure, and existing methods are problematic for different reasons in different places at different times. In this paper, we review the major approaches that have been taken to measure denitrification in terrestrial and aquatic environments...... and discuss the strengths, weaknesses, and future prospects for the different methods. Methodological approaches covered include (1) acetylene-based methods, (2) 15N tracers, (3) direct N2 quantification, (4) N2:Ar ratio quantification, (5) mass balance approaches, (6) stoichiometric approaches, (7) methods...... balance and stoichiometric approaches that constrain estimates of denitrification at large scales with point measurements (made using multiple methods), in multiple systems, is likely to propel more improvement in denitrification methods over the next few years....

  10. Comparison of Fixed and Fluidized Beds Adsorber with Economic, Engineering, and Environmental approach

    Directory of Open Access Journals (Sweden)

    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.

  11. A SIMULTANEOUS APPROACH TO WATER—RESOURCE PROTECTION AND ECONOMIC STRUCTURAL ADJUSTMENT —A Case Study of Guanzhong Region in the Huanghe River Basin,China

    Institute of Scientific and Technical Information of China (English)

    WANGXi-qin; LIUChang-ming; 等

    2002-01-01

    A regional multiple-objective water-resource and economic optimization model was developed using a quantitative method of systematic analysis.Input to the model includes indexes of economic structure and development,water-resource utilization,wastewater and pollutant discharge,and investment in wastewater treatment.The model,which consists of producton-structure and industrial-structure optimization modules,was applied to the Guanzhong region in the middle reaches of the Huanghe(Yellow) River basin in China.By evaluating several alternative production and industrialization schemes,the modal indicate that water pollution will get worsen though wastewater treatment improves if the economy continues to develop at the planned speed without structural adjustment.However,the results also show that not only economic goals but also water-resource protection and pollution-control targets can be achieved under an alternative,recommended production and industrial structure.This example illustrates that economic development and environmental protection can be improved coordinately by the regional multiple-objective water-resource and economic optimization model.It provides an operable approach to the simultaneous sustained development of water resources and economic growth.

  12. Green technology approach towards herbal extraction method

    Science.gov (United States)

    Mutalib, Tengku Nur Atiqah Tengku Ab; Hamzah, Zainab; Hashim, Othman; Mat, Hishamudin Che

    2015-05-01

    The aim of present study was to compare maceration method of selected herbs using green and non-green solvents. Water and d-limonene are a type of green solvents while non-green solvents are chloroform and ethanol. The selected herbs were Clinacanthus nutans leaf and stem, Orthosiphon stamineus leaf and stem, Sesbania grandiflora leaf, Pluchea indica leaf, Morinda citrifolia leaf and Citrus hystrix leaf. The extracts were compared with the determination of total phenolic content. Total phenols were analyzed using a spectrophotometric technique, based on Follin-ciocalteau reagent. Gallic acid was used as standard compound and the total phenols were expressed as mg/g gallic acid equivalent (GAE). The most suitable and effective solvent is water which produced highest total phenol contents compared to other solvents. Among the selected herbs, Orthosiphon stamineus leaves contain high total phenols at 9.087mg/g.

  13. OBJECT ORIENTED MODELLING, A MODELLING METHOD OF AN ECONOMIC ORGANIZATION ACTIVITY

    Directory of Open Access Journals (Sweden)

    TĂNĂSESCU ANA

    2014-05-01

    Full Text Available Now, most economic organizations use different information systems types in order to facilitate their activity. There are different methodologies, methods and techniques that can be used to design information systems. In this paper, I propose to present the advantages of using the object oriented modelling at the information system design of an economic organization. Thus, I have modelled the activity of a photo studio, using Visual Paradigm for UML as a modelling tool. For this purpose, I have identified the use cases for the analyzed system and I have presented the use case diagram. I have, also, realized the system static and dynamic modelling, through the most known UML diagrams.

  14. Numerical methods in finance and economics a MATLAB-based introduction

    CERN Document Server

    Brandimarte, Paolo

    2006-01-01

    A state-of-the-art introduction to the powerful mathematical and statistical tools used in the field of financeThe use of mathematical models and numerical techniques is a practice employed by a growing number of applied mathematicians working on applications in finance. Reflecting this development, Numerical Methods in Finance and Economics: A MATLAB?-Based Introduction, Second Edition bridges the gap between financial theory and computational practice while showing readers how to utilize MATLAB?--the powerful numerical computing environment--for financial applications.The author provides an essential foundation in finance and numerical analysis in addition to background material for students from both engineering and economics perspectives. A wide range of topics is covered, including standard numerical analysis methods, Monte Carlo methods to simulate systems affected by significant uncertainty, and optimization methods to find an optimal set of decisions.Among this book''s most outstanding features is the...

  15. Approaches to Mixed Methods Dissemination and Implementation Research: Methods, Strengths, Caveats, and Opportunities.

    Science.gov (United States)

    Green, Carla A; Duan, Naihua; Gibbons, Robert D; Hoagwood, Kimberly E; Palinkas, Lawrence A; Wisdom, Jennifer P

    2015-09-01

    Limited translation of research into practice has prompted study of diffusion and implementation, and development of effective methods of encouraging adoption, dissemination and implementation. Mixed methods techniques offer approaches for assessing and addressing processes affecting implementation of evidence-based interventions. We describe common mixed methods approaches used in dissemination and implementation research, discuss strengths and limitations of mixed methods approaches to data collection, and suggest promising methods not yet widely used in implementation research. We review qualitative, quantitative, and hybrid approaches to mixed methods dissemination and implementation studies, and describe methods for integrating multiple methods to increase depth of understanding while improving reliability and validity of findings.

  16. Trade creation and trade diversion in the Black Sea Economic Cooperation area: a gravity approach

    OpenAIRE

    Mahmutoğlu, Gülnihal

    1998-01-01

    Ankara : The Department of Economics and Institute of Economics and Social Sciences of Bilkent Univ., 1998. Thesis (Master's) -- Bilkent University, 1998. Includes bibliographical references leaves 26. Mahmutoğlu, Gülnihal Master's

  17. Sustainable Agriculture- Mandatory Approach for Regional and National Economic Development. Case Study: Tecuci Plain

    Directory of Open Access Journals (Sweden)

    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.

  18. Different approaches to the Czech and Chinese university students in Business Economics: A teaching experience

    Directory of Open Access Journals (Sweden)

    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.

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

    Science.gov (United States)

    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…

  20. Comparative analysis of methodical approaches to evaluating the efficiency of investment projects in the power industry

    Energy Technology Data Exchange (ETDEWEB)

    Tolstooukhov, D.A. [Research and Development Institute of Power Engineering, RDIPE, Minatom RF, Moscow (Russian Federation); Karkhov, A.N. [Nuclear Safety Institute, IBRAE, Russian Academy of Sciences, Moscow (Russian Federation)

    2001-07-01

    At present time, a transition is made to market mechanisms of economy functioning based on equilibrium price formation for products of enterprises and their self-financing. Based on long-term forecasts of economic development, electric power industry should not only ensure preservation of the accumulated potential but should also provide for modernization, reconstruction, service life extension of operating power facilities and construction of new ones. Under market conditions, nuclear power installations will have to prove their right to exist and develop in competition with other power technologies. In these conditions, the responsibility is growing for the correctness of investment decisions taken in the power industry and methods on which they are based. This paper analyzes currently used calculation methods for economic efficiency of investment projects. It emphasizes the limitations and drawbacks of the existing methodical approaches, and their inconsistency with market economy and scientific and technological progress (STP). The said drawbacks lead to serious mistakes in evaluating the prospects for the development of nuclear power. The paper describes a methodical approach based on equilibrium price formation that does not have the said drawbacks and may be used as the basis for further work on creation of improved calculation methods for the economic efficiency of investment projects in nuclear power. (authors)

  1. Converting citrus wastes into value-added products: Economic and environmently friendly approaches.

    Science.gov (United States)

    Sharma, Kavita; Mahato, Neelima; Cho, Moo Hwan; Lee, Yong Rok

    2017-02-01

    Citrus fruits, including oranges, grapefruits, lemons, limes, tangerines, and mandarins, are among the most widely cultivated fruits around the globe. Its production is increasing every year due to rising consumer demand. Citrus-processing industries generate huge amounts of wastes every year, and citrus peel waste alone accounts for almost 50% of the wet fruit mass. Citrus waste is of immense economic value as it contains an abundance of various flavonoids, carotenoids, dietary fiber, sugars, polyphenols, essential oils, and ascorbic acid, as well as considerable amounts of some trace elements. Citrus waste also contains high levels of sugars suitable for fermentation for bioethanol production. However, compounds such as D-limonene must be removed for efficient bioethanol production. The aim of the present article was to review the latest advances in various popular methods of extraction for obtaining value-added products from citrus waste/byproducts and their potential utility as a source of various functional compounds.

  2. Techno-Economic Approach to Solar Energy Systems Onboard Marine Vehicles

    Directory of Open Access Journals (Sweden)

    Salem Ahmed A.

    2016-09-01

    Full Text Available The world is facing the challenge of continuously increasing energy consumption. At the same time, the energy resources are getting scarcer. Despite a sudden significant drop of fuel prices worldwide, research activities that focus on reducing the dependence on fossil fuels as a traditional source of energy still have the preference in the field of shipping industry. The use of clean and renewable energies, such as solar energy for instance, is proposed as a method to improve the ship efficiency. Ships can get the benefits from solar energy due to the fact that most of their upper decks are always exposed to the Sun, especially in sunny water regions. The present paper discusses the effectiveness and challenges of installing solar panels for auxiliary power production on board a ship. As a case study, the research evaluates both economic and environmental benefits resulting from implementing such concept aboard a research vessel.

  3. An overview of methods and applications to value informal care in economic evaluations of healthcare.

    Science.gov (United States)

    Koopmanschap, Marc A; van Exel, Job N A; van den Berg, Bernard; Brouwer, Werner B F

    2008-01-01

    This paper compares several applied valuation methods for including informal care in economic evaluations of healthcare programmes: the proxy good method; the opportunity cost method; the contingent valuation method (CVM); conjoint measurement (CM); and valuation of health effects in terms of health-related quality of life (HR-QOL) and well-being. The comparison focuses on three questions: what outcome measures are available for including informal care in economic evaluations of healthcare programmes; whether these measures are compatible with the common types of economic evaluation; and, when applying these measures, whether all relevant aspects of informal care are incorporated. All types of economic evaluation can incorporate a monetary value of informal care (using the opportunity cost method, the proxy good method, CVM and CM) on the cost side of an analysis, but only when the relevant aspects of time costs have been valued. On the effect side of a cost-effectiveness or cost-utility analysis, the health effects (for the patient and/or caregiver) measured in natural units or QALYs can be combined with cost estimates based on the opportunity cost method or the proxy good method. One should be careful when incorporating CVM and CM in cost-minimization, cost-effectiveness and cost-utility analyses, as the health effects of patients receiving informal care and the carers themselves may also have been valued separately. One should determine whether the caregiver valuation exercise allows combination with other valuation techniques. In cost-benefit analyses, CVM and CM appear to be the best tools for the valuation of informal care. When researchers decide to use the well-being method, we recommend applying it in a cost-benefit analysis framework. This method values overall QOL (happiness); hence it is broader than just HR-QOL, which complicates inclusion in traditional health economic evaluations that normally define outcomes more narrowly. Using broader, non

  4. Economic Regulation of Regional Development: Target Orientation and Functional Content (Conceptual Approach

    Directory of Open Access Journals (Sweden)

    Medvid Viktoriia Yu.

    2014-03-01

    Full Text Available The article studies theoretical features, target orientation and functional content of economic regulation of regional development. It identifies the content of the “economic regulation of regional development” notion with respect to the region as a territory, economic system and economic space. It establishes that economic regulation of regional development is a system impact on certain parameters, revision of which would ensure positive dynamics in revision of basic characteristics of regions such as properties, features and boundaries. It identifies the main goal and complex of tasks (complexity, target character, variability, resource provision, addressness and manageability of economic regulation of regional development. It shows directions of increase of efficiency of the system of economic regulation of regional development.

  5. Methods of Economic Valuation of The Health Risks Associated with Nanomaterials

    Science.gov (United States)

    Shalhevet, S.; Haruvy, N.

    The worldwide market for nanomaterials is growing rapidly, but relatively little is still known about the potential risks associated with these materials. The potential health hazards associated with exposure to nanomaterials may lead in the future to increased health costs as well as increased economic costs to the companies involved, as has happened in the past in the case of asbestos. Therefore, it is important to make an initial estimate of the potential costs associated with these health hazards, and to prepare ahead with appropriate health insurance for individuals and financial insurance for companies. While several studies have examined the environmental and health hazards of different nanomaterials by performing life cycle impact assessments, so far these studies have concentrated on the cost of production, and did not estimate the economic impact of the health hazards. This paper discusses methods of evaluating the economic impact of potential health hazards on the public. The proposed method is based on using life cycle impact assessment studies of nanomaterials to estimate the DALYs (Disability Adjusted Life Years) associated with the increased probability of these health hazards. The economic valuation of DALY's can be carried out based on the income lost and the costs of medical treatment. The total expected increase in cost depends on the increase in the statistical probability of each disease.

  6. An evaluation of alternative selection indexes for a non-linear profit trait approaching its economic optimum.

    Science.gov (United States)

    Martin-Collado, D; Byrne, T J; Visser, B; Amer, P R

    2016-12-01

    This study used simulation to evaluate the performance of alternative selection index configurations in the context of a breeding programme where a trait with a non-linear economic value is approaching an economic optimum. The simulation used a simple population structure that approximately mimics selection in dual purpose sheep flocks in New Zealand (NZ). In the NZ dual purpose sheep population, number of lambs born is a genetic trait that is approaching an economic optimum, while genetically correlated growth traits have linear economic values and are not approaching any optimum. The predominant view among theoretical livestock geneticists is that the optimal approach to select for nonlinear profit traits is to use a linear selection index and to update it regularly. However, there are some nonlinear index approaches that have not been evaluated. This study assessed the efficiency of the following four alternative selection index approaches in terms of genetic progress relative to each other: (i) a linear index, (ii) a linear index updated regularly, (iii) a nonlinear (quadratic) index, and (iv) a NLF index (nonlinear index below the optimum and then flat). The NLF approach does not reward or penalize animals for additional genetic merit beyond the trait optimum. It was found to be at least comparable in efficiency to the approach of regularly updating the linear index with short (15 year) and long (30 year) time frames. The relative efficiency of this approach was slightly reduced when the current average value of the nonlinear trait was close to the optimum. Finally, practical issues of industry application of indexes are considered and some potential practical benefits of efficient deployment of a NLF index in highly heterogeneous industries (breeds, flocks and production environments) such as in the NZ dual purpose sheep population are discussed.

  7. Transformation of rural-urban cultural landscapes in Europe: Integrating approaches from ecological, socio-economic and planning perspectives

    Directory of Open Access Journals (Sweden)

    S. Pauleit

    2010-10-01

    Full Text Available This paper presents a review of the presentations and synthesis of the discussion during a Symposium on ‘Transformation of rural-urban cultural landscapes in Europe: Integrating approaches from ecological, socio-economic and planning perspectives’ held at the European IALE conference 2009 in Salzburg, Austria. The symposium addressed an extended and much debated subject of the landscape dynamics in Europe. The papers presented during the symposium showcased a broad spectrum of cutting edge research questions and challenges faced by the cultural landscapes of Europe. During six sessions, 18 presentations (besides 20 posters were made by 36 scientists (including co-authors from 14 countries, representing 25 institutions of Europe. A glance at the presentations revealed that the state-of-the-art focuses on driving forces and selected aspects of transformation processes, methods of its analysis and planning support as dimensions of research in this field. However, inter- and transdisciplinary research and integrative approaches to the development of rural-urban cultural landscapes are needed. The extended discussion session at the latter part of the symposium highlighted some critical and unaddressed research questions which remained a pending agenda for future research.

  8. Techno-economical method for the capacity sizing of a small hydropower plant

    Energy Technology Data Exchange (ETDEWEB)

    Santolin, A., E-mail: alberto.santolin@unipd.i [Department of Mechanical Engineering, University of Padova, Via Venezia 1, 35131 Padova (Italy); Cavazzini, G., E-mail: giovanna.cavazzini@unipd.i [Department of Mechanical Engineering, University of Padova, Via Venezia 1, 35131 Padova (Italy); Pavesi, G., E-mail: giorgio.pavesi@unipd.i [Department of Mechanical Engineering, University of Padova, Via Venezia 1, 35131 Padova (Italy); Ardizzon, G., E-mail: guido.ardizzon@unipd.i [Department of Mechanical Engineering, University of Padova, Via Venezia 1, 35131 Padova (Italy); Rossetti, A., E-mail: antonio.rossetti@unipd.i [Department of Mechanical Engineering, University of Padova, Via Venezia 1, 35131 Padova (Italy)

    2011-07-15

    Research highlights: {yields} A method for the capacity sizing of a small hydropower plant was developed. {yields} The model was developed on the basis of the flow duration curve of the site. {yields} Seven techno-economical parameters were considered in the analysis. {yields} The influence of the design operating conditions on the parameters was analysed. {yields} The method allowed a proper choice of the optimal design operating conditions. -- Abstract: This paper presents a method for the capacity sizing of a small hydropower plant on the basis of techno-economical analyses of the flow duration curve. Seven technical and economical parameters were considered: the turbine type, the turbine dimensions, the annual energy production, the maximum installation height to avoid cavitation inception, the machine cost, the Net Present Value (NPV) and the Internal Rate of Return (IRR). A proper model was proposed to study the effects of the design operating conditions on these parameters. The model, applied to the flow duration curve, allowed to analyse the feasibility, the profitability and the performance of the plant in the available flowing range of the site. To verify the effectiveness of the proposed method, three sites having different flow duration curves were analysed.

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

    Science.gov (United States)

    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.

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

    KAUST Repository

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

    Directory of Open Access Journals (Sweden)

    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. 

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

    Directory of Open Access Journals (Sweden)

    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. Computational method validation: An OECD (Organization for Economic Cooperation and Development) working group report

    Energy Technology Data Exchange (ETDEWEB)

    Whitesides, G.E.

    1987-01-01

    Representatives from eleven Organization for Economic Co-operation and Development member countries participated in an exercise to validate computer calculations to evaluate the criticality safety for several fissile material transport and handling situations. A procedure evolved from this work which has been shown to demonstrate whether a given computation method produces ''valid'' results. This procedure is expected to provide a basis for acceptance of computational results on an international basis by regulatory authorities through the comparison of methods used by the various countries. This work will also provide the framework for validating computational methods for other applications such as heat transfer and neutron/gamma shielding.

  14. The theory and methods for investigation of the processes synchronized dealing with ecological safety within economic system

    Directory of Open Access Journals (Sweden)

    Prokopenko Olga Volodymyrivna

    2014-12-01

    distributed over time as well as current and potential environmental safety concept of the business system. There are designed a table of the value of the coefficient g(z in order to simplify the use of index .It was introduced by the authors and based on a retrospective analysis of parameters , that correspond to the different processes and measures concerning the providing of environmental safety of the business system in accordance to the appropriate level. It was introduced in the terms of the actual concept, directed on the innovational ecological activity in different countries and regions. We shall consider the economic system as a set of economic, ecological and social subsystems. A set of indicators concerning economic system constituents at the enterprise and regional level is formed. A methodological approach to forecasting of economic system development dynamics mutually with the tools for the economic safety provision at the highest level is improved. Conclusions and directions of further researches. The integral results of the performed research improve the conceptual statements of the theory and method of investigation for synchronization of the processes concerning providing the ecology safety of economy system. The practical meaning of the obtained results consists in the possibility to increase the efficiency of controlling economy system for its constant development due to the offered scientific and methodological approach for estimating synchronization of the observed processes. Thus, the issues being proposed by the authors, allow to move towards elaboration of the theoretical and methodological approaches to ecological safety management of the global economic system.

  15. Analysis of Economic Determinants of Fertility in Iran: A Multilevel Approach

    Directory of Open Access Journals (Sweden)

    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.

  16. Education for Economic Growth or Human Development? the Capabilities Approach and the World Bank's Basic Education Project in Turkey

    Science.gov (United States)

    McClure, Kevin R.

    2014-01-01

    Turkey's recent development plans suggest that, according to state planners, development is no longer identified with, achieved through or measured by economic growth. These documents evince that Turkey has embraced what is referred to as the capability approach. What remains unclear is whether this embrace is substantive or rhetorical. This paper…

  17. Regional economic effects of revitalization of industrial sites: an input-output approach

    OpenAIRE

    WIJNEN, Wim; Manshanden, Walter; Muskens, Jos

    2003-01-01

    This subject of this paper is the regional economic effects of revitalisation of industrial sites. From an economic point of view an ageing industrial site is one with underused capacity that leads to a suboptimal level of investment. The assumption made in this paper is that due to markets failures space on industrial site is used inefficiently and that governments intervene to reduce underutilization of available space. Fieldwork and literature show that the economic effects of revitalizati...

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

    Directory of Open Access Journals (Sweden)

    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.

  19. How to Approach the Next Steps of the Argentine Economy and the Economic Policy?

    OpenAIRE

    Eduardo L. Curia

    2007-01-01

    In a context of uncertainty, economic policy-making benefits from the availability of “modeled constructions” contributing to the understanding of the economic phenomenon and the possibility of forecasting, even though by themselves they do not determine the decisions to be made by government authorities. The paper called Un modelo económico pequeño para la Argentina (A small economic model for Argentina) is a contribution in this sense. Naturally, such presentations are tributaries, in a cry...

  20. Method for predicting economic peak yield for a single well of coalbed methane

    Institute of Scientific and Technical Information of China (English)

    YANG Shen; KANG Yong-shang; ZHAO Qun; WANG Hong-yan; LI Jing-ming

    2008-01-01

    The development of coalbed methane (CBM) in China poses great difficulties because of high investments, low production and high risks. So a study of the economic effect of a single well at its preliminary stage is helpful for commercial exploitation of CBM. Affected by wellbore flow pressure, initial reservoir pressure, relative permeability, Langmuir pressure and other factors,the trend of declining production of a single CBM well agrees, by and large, with a hyperbolic pattern of decline. Based on Arps'sequation, nearly 200 wells production with different peak yields and initial rates of were simulated. Given the present cost of drilling, gas production and engineering on the ground, the gross investment for the development of a single coalbed methane well was estimated for the Fanzhuang block in central China. Considering the current industrial policies for CBM, we established an economic assessment model and analyzed economic peaks. The results show the economic benefits with or without government subsidies at different peak yields of a single CBM well. The results of the evaluation can be directly applied in the Fanzhuang block. The evaluation method, formulated in our study, can be used to other areas with similar conditions.

  1. Integrating economic evaluation methods into clinical and translational science award consortium comparative effectiveness educational goals.

    Science.gov (United States)

    Iribarne, Alexander; Easterwood, Rachel; Russo, Mark J; Wang, Y Claire

    2011-06-01

    With the ongoing debate over health care reform in the United States, public health and policy makers have paid growing attention to the need for comparative effectiveness research (CER). Recent allocation of federal funds for CER represents a significant move toward increased evidence-based practice and better-informed allocation of constrained health care resources; however, there is also heated debate on how, or whether, CER may contribute to controlling national health care expenditures. Economic evaluation, in the form of cost-effectiveness or cost-benefit analysis, is often an aspect of CER studies, yet there are no recommendations or guidelines for providing clinical investigators with the necessary skills to collect, analyze, and interpret economic data from clinical trials or observational studies. With an emphasis on multidisciplinary research, the Clinical and Translational Science Award (CTSA) consortium and institutional CTSA sites serve as an important resource for training researchers to engage in CER. In this article, the authors discuss the potential role of CTSA sites in integrating economic evaluation methods into their comparative effectiveness education goals, using the Columbia University Medical Center CTSA as an example. By allowing current and future generations of clinical investigators to become fully engaged not only in CER but also in the economic evaluations that result from such analyses, CTSA sites can help develop the necessary foundation for advancing research to guide clinical decision making and efficient use of limited resources.

  2. 经济学案例教学方法探析%Analysis on Case-based Teaching Approach for Economics

    Institute of Scientific and Technical Information of China (English)

    王艳霞

    2014-01-01

    Currently, in the teaching of Western economics, there have been some problems such as the emphasis on the learning of theoretical knowledge of Western economics, stu-dents' poor abilities of analyzing and solving problems, and sin-gle teaching method, which have affected students' understand-ing and mastery of the theory system of Western economics. To solve these problems, case-based teaching approach should be introduced as soon as possible in economics teaching, in order to truly improve students' economic literacy and cultivate more applied talents.%目前在西方经济学教学中一直存在着重西方理论知识的学习、学生分析解决问题能力差、教学方法单一等问题,影响了学生对西方经济学理论体系的理解和把握。针对这些问题,应该尽快在经济学教学中引入案例教学来加以解决,从而真正地提高学生的经济学素养,培养更多的应用型人才。

  3. Approaches and methods for econometric analysis of market power

    DEFF Research Database (Denmark)

    Perekhozhuk, Oleksandr; Glauben, Thomas; Grings, Michael

    2017-01-01

    This study discusses two widely used approaches in the New Empirical Industrial Organization (NEIO) literature and examines the strengths and weaknesses of the Production-Theoretic Approach (PTA) and the General Identification Method (GIM) for the econometric analysis of market power in agricultu...

  4. On the Approaching Domain Obtained by Finite Element Method

    Institute of Scientific and Technical Information of China (English)

    邹青松; 李永海

    2002-01-01

    The use of finite element method leads to replacing the initial domain by an approaching domain,Under some appropriate assumptions,we prove that there exists a W1,+∞-diffeomorphism from the original domain to the approaching domain.

  5. Effectiveness of Demonstration and Lecture Methods in Learning Concept in Economics among Secondary School Students in Borno State, Nigeria

    Science.gov (United States)

    Muhammad, Amin Umar; Bala, Dauda; Ladu, Kolomi Mutah

    2016-01-01

    This study investigated the Effectiveness of Demonstration and Lecture Methods in Learning concepts in Economics among Secondary School Students in Borno state, Nigeria. Five objectives: to determine the effectiveness of demonstration method in learning economics concepts among secondary school students in Borno state, determine the effectiveness…

  6. Workshop Report: Concepts and methods in the economics of nutrition - Gateways to better economic evaluation of nutrition interventions

    NARCIS (Netherlands)

    I. Lenoir-Wijnkoop (Irene); M.J.C. Nuijten (Mark); I. Gutiérrez-Ibarluzea (Iñaki); J. Hutton; M.J. Poley (Marten); L. Segal; J.L. Bresson; E. Ganse (Éric); P. Jones; L. Moreno (Luis); S. Salminen (Seppo); D. Dubois

    2012-01-01

    textabstractImproving health through better nutrition of the population may contribute to enhanced efficiency and sustainability of healthcare systems. A recent expert meeting investigated in detail a number of methodological aspects related to the discipline of nutrition economics. The role of nutr

  7. An integrated lean-methods approach to hospital facilities redesign.

    Science.gov (United States)

    Nicholas, John

    2012-01-01

    Lean production methods for eliminating waste and improving processes in manufacturing are now being applied in healthcare. As the author shows, the methods are appropriate for redesigning hospital facilities. When used in an integrated manner and employing teams of mostly clinicians, the methods produce facility designs that are custom-fit to patient needs and caregiver work processes, and reduce operational costs. The author reviews lean methods and an approach for integrating them in the redesign of hospital facilities. A case example of the redesign of an emergency department shows the feasibility and benefits of the approach.

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

    NARCIS (Netherlands)

    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

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

    Science.gov (United States)

    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…

  10. Economic Modelling for water Quantity and Quality Management: A Welfare Program Approach

    NARCIS (Netherlands)

    Zhu, X.; Ierland, van E.C.

    2012-01-01

    This paper presents an integrated economic model which is able to explicitly address both water quantity and quality. We use a welfare program to maximize social welfare subject to the economic and ecological constraints, where interactions, emissions and environmental impacts are incorporated. Such

  11. [Health and economic benefits of compulsory regular vaccination in the Slovak Republic. I. Methods].

    Science.gov (United States)

    Hudecková, H; Straka, S

    2000-02-01

    The authors will submit in their series of contributions under the common title of "Health and Economic Benefits of Compulsory Regular Vaccination in the Slovak Republic" estimates of benefits and effectiveness of particular vaccinations. In their first contribution they deal with the objectives and methods of this evaluation essential for the allocation of funds for the maintenance of existing preventive programmes and also for the implementation of new preventive measures. On the basis of literary data and their own experience they formulate modified methods of cost/effectiveness and cost/benefit and other parameters adjusted for the conditions of the vaccination programme in the Slovak Republic.

  12. Developing Econometrics Statistical Theories and Methods with Applications to Economics and Business

    CERN Document Server

    Tong, Hengqing; Huang, Yangxin

    2011-01-01

    Statistical Theories and Methods with Applications to Economics and Business highlights recent advances in statistical theory and methods that benefit econometric practice. It deals with exploratory data analysis, a prerequisite to statistical modelling and part of data mining. It provides recently developed computational tools useful for data mining, analysing the reasons to do data mining and the best techniques to use in a given situation.Provides a detailed description of computer algorithms.Provides recently developed computational tools useful for data miningHighlights recent advances in

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

    Science.gov (United States)

    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.

  14. Economic analysis of the organisation of a riding centre; application of the linear programming approach

    Directory of Open Access Journals (Sweden)

    Jaka ŽGAJNAR

    2015-12-01

    Full Text Available In this contribution, the economics of an equestrian centre, which in addition to a variety of riding school activities also includes breeding and livery, are analysed. We consider the conditions for a hypothetical holding operating in central Slovenia. Methods of mathematical programming are applied in order to attempt to optimise the holding’s activities. Their use may in the given situation facilitate the evaluation of development prospects from different perspectives and indicate the opportunities of increasing value-added. On the basis of maximizing the gross margin, we try to address the various questions and challenges that arise in managing and planning for such an equestrian centre. The obtained results indicate that breeding is unfavourable in the given price-cost ratio, both for the renewal of the working horses herd and for sale. This reflects the current adverse situation in the field of horse breeding. Livery is an important activity on such holdings and through opportunity perspective provides an optimal set of activities. Activities of the riding school for children are interesting in terms of income diversification, as well as an additional source of revenue. A riding school with one riding instructor and an indoor arena needs 4.6 horses in order to cover the costs of full-time employment.

  15. Total System Performance Assessment-License Application Methods and Approach

    Energy Technology Data Exchange (ETDEWEB)

    J. McNeish

    2002-09-13

    ''Total System Performance Assessment-License Application (TSPA-LA) Methods and Approach'' provides the top-level method and approach for conducting the TSPA-LA model development and analyses. The method and approach is responsive to the criteria set forth in Total System Performance Assessment Integration (TSPAI) Key Technical Issue (KTI) agreements, the ''Yucca Mountain Review Plan'' (CNWRA 2002 [158449]), and 10 CFR Part 63. This introductory section provides an overview of the TSPA-LA, the projected TSPA-LA documentation structure, and the goals of the document. It also provides a brief discussion of the regulatory framework, the approach to risk management of the development and analysis of the model, and the overall organization of the document. The section closes with some important conventions that are utilized in this document.

  16. Growth of uniform nanoparticles of platinum by an economical approach at relatively low temperature

    KAUST Repository

    Shah, M.A.

    2012-06-01

    Current chemical methods of synthesis have shown limited success in the fabrication of nanomaterials, which involves environmentally malignant chemicals. Environmental friendly synthesis requires alternative solvents, and it is expected that the use of soft options of green approaches may overcome these obstacles. Water, which is regarded as a benign solvent, has been used in the present work for the preparation of platinum nanoparticles. The average particle diameter is in the range of ∼13±5 nm and particles are largely agglomerated. The advantages of preparing nanoparticles with this method include ease, flexibility and cost effectiveness. The prospects of the process are bright, and the technique could be extended to prepare many other important metal and metal oxide nanostructures. © 2012 Sharif University of Technology. Production and hosting by Elsevier B.V. All rights reserved.

  17. Methods Used in Economic Evaluations of Chronic Kidney Disease Testing — A Systematic Review

    Science.gov (United States)

    Sutton, Andrew J.; Breheny, Katie; Deeks, Jon; Khunti, Kamlesh; Sharpe, Claire; Ottridge, Ryan S.; Stevens, Paul E.; Cockwell, Paul; Kalra, Philp A.; Lamb, Edmund J.

    2015-01-01

    Background The prevalence of chronic kidney disease (CKD) is high in general populations around the world. Targeted testing and screening for CKD are often conducted to help identify individuals that may benefit from treatment to ameliorate or prevent their disease progression. Aims This systematic review examines the methods used in economic evaluations of testing and screening in CKD, with a particular focus on whether test accuracy has been considered, and how analysis has incorporated issues that may be important to the patient, such as the impact of testing on quality of life and the costs they incur. Methods Articles that described model-based economic evaluations of patient testing interventions focused on CKD were identified through the searching of electronic databases and the hand searching of the bibliographies of the included studies. Results The initial electronic searches identified 2,671 papers of which 21 were included in the final review. Eighteen studies focused on proteinuria, three evaluated glomerular filtration rate testing and one included both tests. The full impact of inaccurate test results was frequently not considered in economic evaluations in this setting as a societal perspective was rarely adopted. The impact of false positive tests on patients in terms of the costs incurred in re-attending for repeat testing, and the anxiety associated with a positive test was almost always overlooked. In one study where the impact of a false positive test on patient quality of life was examined in sensitivity analysis, it had a significant impact on the conclusions drawn from the model. Conclusion Future economic evaluations of kidney function testing should examine testing and monitoring pathways from the perspective of patients, to ensure that issues that are important to patients, such as the possibility of inaccurate test results, are properly considered in the analysis. PMID:26465773

  18. Time-explicit methods for joint economical and geological risk mitigation in production optimization

    DEFF Research Database (Denmark)

    Christiansen, Lasse Hjuler; Capolei, Andrea; Jørgensen, John Bagterp

    2016-01-01

    Real-life applications of production optimization face challenges of risks related to unpredictable fluctuations in oil prices and sparse geological data. Consequently, operating companies are reluctant to adopt model-based production optimization into their operations. Conventional production...... optimization methods focus on mitigation of geological risks related to the long-term net present value (NPV). A major drawback of such methods is that the time-dependent and exceedingly growing uncertainty of oil prices implies that long-term predictions become highly unreliable. Conventional methods...... of mitigating economical and geological risks. As opposed to conventional strategies that focus on a single long-term objective, TE methods seek to reduce risks and promote returns over the entire reservoir life by optimization of a given ensemble-based geological risk measure over time. By explicit involvement...

  19. An economical and combined method for rapid and efficient isolation of fungal DNA.

    Science.gov (United States)

    Lech, T; Syguła-Cholewinska, J; Szostak-Kot, J

    2014-12-18

    DNA isolation is a crucial step of conducting genetic studies in any organism. However, this process is quite difficult when studying fungi because of the need to damage the fungal cell walls of specific structures. In this study, we developed a method for the rapid and efficient isolation of fungal DNA based on simultaneous mechanical and enzymatic cell wall degradation. There are several typical modifications of the standard phenol-chloroform DNA extraction method. This method can be modified to degrade the fungal cell wall. The first step of the presented DNA extraction included manual homogenization in modified lysis buffer. Next, enzymatic digestion using 2 enzymes was conducted, including lyticase and proteinase K. To carefully select the most favorable conditions, we developed an economical, rapid, and reliable method for fungal DNA extraction that ensures both high efficiency and proper purity, which are essential for further analyses.

  20. Algebraic Verification Method for SEREs Properties via Groebner Bases Approaches

    Directory of Open Access Journals (Sweden)

    Ning Zhou

    2013-01-01

    Full Text Available This work presents an efficient solution using computer algebra system to perform linear temporal properties verification for synchronous digital systems. The method is essentially based on both Groebner bases approaches and symbolic simulation. A mechanism for constructing canonical polynomial set based symbolic representations for both circuit descriptions and assertions is studied. We then present a complete checking algorithm framework based on these algebraic representations by using Groebner bases. The computational experience result in this work shows that the algebraic approach is a quite competitive checking method and will be a useful supplement to the existent verification methods based on simulation.

  1. ANALYSIS OF METHODICAL DEFECTS IN PHD AND DOCTORAL THESIS ON ECONOMICS

    Directory of Open Access Journals (Sweden)

    R. D. Gutgarts

    2016-01-01

    Full Text Available The aim of the article is to consider the most typical defectswhich can be found in PhD and doctoral dissertations on economic sciences. The research is based on a work experience of the author as the member of dissertation council, the reviewer and the opponent of dissertation works.Methods. The methods of the analysis, comparison, and generalization are used while researching the problem.Results and scientific novelty. The miscalculations and errors in master’s and doctoral dissertations on economics which have methodical nature and not depend on a specific subject of work are disclosed and systematized. In particular, the following questions concerning the process of work are studied out on specific examples: work with information sources, Internet resources; options of correct and incorrect use o tools of information technologies; applied problems of results of scientific research, etc.Practical significance of the publication consists, firstly, in recommendations of the author concerning leveling and elimination of common defects of dissertation works and scientific articles; secondly, in the proposal of the general and methodical plan for introduction of training standards in a postgraduate study.

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

    Directory of Open Access Journals (Sweden)

    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.

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

    OpenAIRE

    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.

  4. THE EUROPEAN UNION’S QUEST FOR ENERGY POLICY: A GEO-ECONOMIC APPROACH

    Directory of Open Access Journals (Sweden)

    Alin Codoban

    2011-09-01

    Full Text Available The European Union’s external energy policy architecture is very important for further energy security and economic development. European normative power on its neighbours represents the most efficient way of integrating neighbouring energy markets, with the EU’s emerging internal market and, in perspective, through economic interdependence and complementarities, there are chances of creating an European geo-energy space. EU’s tools for shaping the geo-energy space are becoming more effective in an extended European economic area that would allow it to act as the main actor in a multilateral interconnected system of energy producer and transit countries. The result of the paper is materialized in a new paradigm for EU’s external energy policy, which can provide future security of supply through market institutions and an active economic diplomacy in the resource energy countries.

  5. Economic Analysis on Business Cycles and Suicide Rate - An Approach from Corporate Behavior -

    OpenAIRE

    Susumu Kuwahara

    2008-01-01

    Japan has seen a sharp rise in the suicide rate since 1998, which has since been a major social problem. In addition, the number of those suffering mental disorders has been increasing in recent years. The paper argues that there exists economic rationality for corporations to motivate or force workers to resign and to raise the stress level at the workplace, when the consensus on the labor standards is altered drastically in response to the changing economic environment. The author believes ...

  6. INNOVATIVE APPROACH TO TRANSFORMATION OF A CONTROL SYSTEM OF ECONOMIC ENTITIES: "GREEN" LOGISTICS

    OpenAIRE

    Sekerin V. D.; Dudin M. N.; Lyasnikov N. V.

    2016-01-01

    The purpose of this article consists in disclosure of key theoretical and practical questions of introduction of a concept "green logistics" for increase of activity efficiency of economic entities in agro-industrial sector and decrease in level of negative impact of this sector on a global ecosystem taking into account the happening global transformations in world economy. Within this article, various aspects characterizing world economic, ecological, technological trends that define the fut...

  7. Modelling the role of forests on water provision services: a hydro-economic valuation approach

    Science.gov (United States)

    Beguería, S.; Campos, P.

    2015-12-01

    Hydro-economic models that allow integrating the ecological, hydrological, infrastructure, economic and social aspects into a coherent, scientifically- informed framework constitute preferred tools for supporting decision making in the context of integrated water resources management. We present a case study of water regulation and provision services of forests in the Andalusia region of Spain. Our model computes the physical water flows and conducts an economic environmental income and asset valuation of forest surface and underground water yield. Based on available hydrologic and economic data, we develop a comprehensive water account for all the forest lands at the regional scale. This forest water environmental valuation is integrated within a much larger project aiming at providing a robust and easily replicable accounting tool to evaluate yearly the total income and capital of forests, encompassing all measurable sources of private and public incomes (timber and cork production, auto-consumption, recreational activities, biodiversity conservation, carbon sequestration, water production, etc.). We also force our simulation with future socio-economic scenarios to quantify the physical and economic efects of expected trends or simulated public and private policies on future water resources. Only a comprehensive integrated tool may serve as a basis for the development of integrated policies, such as those internationally agreed and recommended for the management of water resources.

  8. Thermodynamics extends economics potentials

    Energy Technology Data Exchange (ETDEWEB)

    Bandura, Alexander V. [Kiev Technical Univ., Dept. of Marketing and Management, Kiev (Ukraine); Brodiansky, Victor M. [Moscow Energy Inst., Dept. of Cryogen Machines, Moscow (Russian Federation)

    2001-08-01

    In this paper we consider the use of exergy in economic valuation and its correlation with money. Exergy-based determination of production expenses provides a new base for 'natural' price determination. A new macroeconomic dynamics approach based on this correlation is proposed. This method is relatively general because it is not restricted by certain assumptions used in traditional economic analysis. The exergy model of macroeconomic dynamics was tested by utilizing data from the US economy. This test, covering a period of about 25 years, confirms this approach and opens new potentials in economic analysis. (Author)

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

    Directory of Open Access Journals (Sweden)

    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

  10. Methods Used in Economic Evaluations of Chronic Kidney Disease Testing - A Systematic Review.

    Directory of Open Access Journals (Sweden)

    Andrew J Sutton

    Full Text Available The prevalence of chronic kidney disease (CKD is high in general populations around the world. Targeted testing and screening for CKD are often conducted to help identify individuals that may benefit from treatment to ameliorate or prevent their disease progression.This systematic review examines the methods used in economic evaluations of testing and screening in CKD, with a particular focus on whether test accuracy has been considered, and how analysis has incorporated issues that may be important to the patient, such as the impact of testing on quality of life and the costs they incur.Articles that described model-based economic evaluations of patient testing interventions focused on CKD were identified through the searching of electronic databases and the hand searching of the bibliographies of the included studies.The initial electronic searches identified 2,671 papers of which 21 were included in the final review. Eighteen studies focused on proteinuria, three evaluated glomerular filtration rate testing and one included both tests. The full impact of inaccurate test results was frequently not considered in economic evaluations in this setting as a societal perspective was rarely adopted. The impact of false positive tests on patients in terms of the costs incurred in re-attending for repeat testing, and the anxiety associated with a positive test was almost always overlooked. In one study where the impact of a false positive test on patient quality of life was examined in sensitivity analysis, it had a significant impact on the conclusions drawn from the model.Future economic evaluations of kidney function testing should examine testing and monitoring pathways from the perspective of patients, to ensure that issues that are important to patients, such as the possibility of inaccurate test results, are properly considered in the analysis.

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

    Directory of Open Access Journals (Sweden)

    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.

  12. A multiparameter chaos control method based on OGY approach

    Energy Technology Data Exchange (ETDEWEB)

    Souza de Paula, Aline [Universidade Federal do Rio de Janeiro, COPPE - Department of Mechanical Engineering, 21.941.972 - Rio de Janeiro - RJ, P.O. Box 68.503 (Brazil)], E-mail: alinesp@ufrj.br; Amorim Savi, Marcelo [Universidade Federal do Rio de Janeiro, COPPE - Department of Mechanical Engineering, 21.941.972 - Rio de Janeiro - RJ, P.O. Box 68.503 (Brazil)], E-mail: savi@mecanica.ufrj.br

    2009-05-15

    Chaos control is based on the richness of responses of chaotic behavior and may be understood as the use of tiny perturbations for the stabilization of a UPO embedded in a chaotic attractor. Since one of these UPO can provide better performance than others in a particular situation the use of chaos control can make this kind of behavior to be desirable in a variety of applications. The OGY method is a discrete technique that considers small perturbations promoted in the neighborhood of the desired orbit when the trajectory crosses a specific surface, such as a Poincare section. This contribution proposes a multiparameter semi-continuous method based on OGY approach in order to control chaotic behavior. Two different approaches are possible with this method: coupled approach, where all control parameters influences system dynamics although they are not active; and uncoupled approach that is a particular case where control parameters return to the reference value when they become passive parameters. As an application of the general formulation, it is investigated a two-parameter actuation of a nonlinear pendulum control employing coupled and uncoupled approaches. Analyses are carried out considering signals that are generated by numerical integration of the mathematical model using experimentally identified parameters. Results show that the procedure can be a good alternative for chaos control since it provides a more effective UPO stabilization than the classical single-parameter approach.

  13. ECOLOGY-ECONOMICAL ASSESSMENT OF NEW RECLAMATION METHOD FOR CURRENTLY WORKING TECHNOGENIC MASSIFS

    Directory of Open Access Journals (Sweden)

    Alexey Strizhenok

    2017-01-01

    Full Text Available One of the most relevant problems of the mining industry is the need to reduce the negative impact of technogenic massifs formed by wastes of extraction and processing of mineral raw materials. This problem has a significant meaning for currently used massifs, because traditional ways of reclamation are not suitable for them. The article describes the results of a scientific study on the development of the most efficient reclamation method for currently used technogenic massifs. Described in detail the main results of the field observations, methods and equipment of laboratory experiments conducted to determine agro-chemical properties of the soil and optimal composition of binder agent. The article also provides ecological and economic assessment of the proposed method of reclamation. The study was conducted on the example of the real technogenic massif, formed by wastes of phosphorus ore processing.

  14. Methods of projects’ performance estimation in the public sector of economics

    Directory of Open Access Journals (Sweden)

    Mariya Aleksandrovna Sheluntsova

    2012-03-01

    Full Text Available The solution of socially important problems by providing budget investments is a prerequisite for the successful development of a country as a whole as well as of a particular region. In terms of a limited budget there is a problem of projects selection. In the paper basic methods of public sector projects performance estimation (cost — benefit, cost — effectiveness, cost — utility are compared. It is determined that these methods can help to increase the efficiency of scarce budgetary resources usage. However they cannot be applied in Russia without necessary adjustments since there are market imperfections, high costs of collecting necessary information, and other factors. Thus further development of performance estimation methods in the public sector of economics is needed.

  15. Study on the economic mining method for the close quarter coal seams with thin rock sheet

    Institute of Scientific and Technical Information of China (English)

    GOU Pan-feng; CHEN Zhao-qiang; YUN Xiao-you

    2001-01-01

    The paper presents the mining method for the close quarter coal seams with thin rock sheet, that is mining the low coal seam, recovering the top coal seam aft er putting down the roof rock of the low coal seam. Practice has proved that in recovering the top coal outside the face width after the rock between seams fall s naturally or is demolished, the technology is simple, easy to operate and doe s not make a great demand for technical equipment. In the process of recovering t he top coal, the low seam support could not be affected seriously, and two seams mining could be coordinated. Compared with the individual mining method, this m ining method can produce a better economic benefit.

  16. Study on the economic mining method for the close quarter coal seams with thin rock sheet

    Institute of Scientific and Technical Information of China (English)

    勾攀峰; 陈兆强; 员小有

    2001-01-01

    The paper presents the mining method for the close quarter coal seams with thin rock sheet, that is mining the low coal seam, recovering the top coal seam after putting down the roof rock of the low coal seam. Practice has proved that in recovering the top coal outside the face width after the rock between seams falls naturally or is demolished, the technology is simple, easy to operate and does not make a great demand for technical equipment. In the process of recovering the top coal, the low seam support could not be affected seriously, and two seams mining could be coordinated. Compared with the individual mining method, this mining method can produce a better economic benefit.

  17. Economic Impact of Events and Festivals on Host Regions - Methods in Practice

    Directory of Open Access Journals (Sweden)

    Diedering Madlen

    2015-12-01

    Full Text Available Introduction. The topic of economic significance of sport events attracts substantial attention in the fields of sport event management and economics. The main objective of this article is to review international literature on economic impact of sport events, and in particular, to give a special thought to key features of primary economic impact studies and potential sources of bias.

  18. Economic Impact of Events and Festivals on Host Regions - Methods in Practice

    OpenAIRE

    Diedering Madlen; Kwiatkowski Grzegorz

    2015-01-01

    Introduction. The topic of economic significance of sport events attracts substantial attention in the fields of sport event management and economics. The main objective of this article is to review international literature on economic impact of sport events, and in particular, to give a special thought to key features of primary economic impact studies and potential sources of bias.

  19. Study on Factors Influencing Urban-rural Dual Economic Structure of Chongqing Based on the State Space Variable Parameter Method

    Institute of Scientific and Technical Information of China (English)

    Xiuchuan; XU; Yuqing; WANG; Xiang; HE

    2013-01-01

    Firstly,this paper reviews and analyzes historic background of urban-rural integration of Chongqing,and the evolution and trend of urban and rural dual economic structure.On the basis of previous researches,it selects factors and variables influencing urban and rural dual economic structure,and establishes an econometric model.By state space Kalman filtering method,it analyzes dynamic influence of factors upon urban-rural dual economic intensity.According to empirical conclusion,it puts forward corresponding policy recommendations for promoting integrated urban and rural economic development of Chongqing.

  20. New approach to equipment quality evaluation method with distinct functions

    Directory of Open Access Journals (Sweden)

    Milisavljević Vladimir M.

    2016-01-01

    Full Text Available The paper presents new approach for improving method for quality evaluation and selection of equipment (devices and machinery by applying distinct functions. Quality evaluation and selection of devices and machinery is a multi-criteria problem which involves the consideration of numerous parameters of various origins. Original selection method with distinct functions is based on technical parameters with arbitrary evaluation of each parameter importance (weighting. Improvement of this method, presented in this paper, addresses the issue of weighting of parameters by using Delphi Method. Finally, two case studies are provided, which included quality evaluation of standard boilers for heating and evaluation of load-haul-dump (LHD machines, to demonstrate applicability of this approach. Analytical Hierarchical Process (AHP is used as a control method.

  1. METHODS AND MODELS FOR ANALYSIS OF THE ORGANIZATIONAL ECONOMICS ACTIVITY USED FOR DEVELOPMENT OF INFORMATICS SYSTEMS

    Directory of Open Access Journals (Sweden)

    TEODORA VĂTUIU

    2014-10-01

    Full Text Available Study of organizational activity and highlighting problem situations that require specific solutions, require a detailed analysis of the models defined for the real system of the economic companies, regarded not as a sum of assets, but as organizations in which there are activities related into processes. In addition to the usual approach of using modeling languages in the development of information systems, in this paper we intend to present some examples that demonstrate the usefulness of a standard modeling language (UML to analyze organizational activities and to report problem situations that may occur in data management registered on primary documents or in processes that bring together activities. Examples that have been focused on a travel agency can be extrapolated to any other organization, and the diagrams can be used in different contexts, depending on the complexity of the activities identified.

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

    Directory of Open Access Journals (Sweden)

    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.

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

    Directory of Open Access Journals (Sweden)

    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.

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

    Directory of Open Access Journals (Sweden)

    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]. 

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

    Science.gov (United States)

    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.

  6. Financial Management of Economic Entity from the Perspective of Alternative Approach

    Directory of Open Access Journals (Sweden)

    Victor Munteanu

    2016-12-01

    Full Text Available Throughout the study the financial management presented is divided into three directions, namely financial analysis, financial planning and financial strategy, focusing on increasing the quality of financial management conducted at the economic entity by identifying an easier possible use for a system of alternative decisions in order to increase the profitability. The study also aims to identify new meanings of financial accounting information system in performing the managerial act through alternative decisions, trying to highlight the need to create a management tool generator of variants possible to be adopted with an impact on their application in the economic entity as a whole. Based on qualitative research on the financial management act, it is revealed the importance of the financial management act manifested in the economic entity and also its quality improvement through simulations targeting the management through budget system.

  7. Economic evaluation of task-shifting approaches to the dispensing of anti-retroviral therapy

    Directory of Open Access Journals (Sweden)

    Foster Nicola

    2012-09-01

    Full Text Available Abstract Background A scarcity of human resources for health has been identified as one of the primary constraints to the scale-up of the provision of Anti-Retroviral Treatment (ART. In South Africa there is a particularly severe lack of pharmacists. The study aims to compare two task-shifting approaches to the dispensing of ART: Indirectly Supervised Pharmacist’s Assistants (ISPA and Nurse-based pharmaceutical care models against the standard of care which involves a pharmacist dispensing ART. Methods A cross-sectional mixed methods study design was used. Patient exit interviews, time and motion studies, expert interviews and staff costs were used to conduct a costing from the societal perspective. Six facilities were sampled in the Western Cape province of South Africa, and 230 patient interviews conducted. Results The ISPA model was found to be the least costly task-shifting pharmaceutical model. However, patients preferred receiving medication from the nurse. This related to a fear of stigma and being identified by virtue of receiving ART at the pharmacy. Conclusions While these models are not mutually exclusive, and a variety of pharmaceutical care models will be necessary for scale up, it is useful to consider the impact of implementing these models on the provider, patient access to treatment and difficulties in implementation.

  8. Economic expansion and increase in labout market formality: a poaching approach

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    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.

  9. Motor fuel taxation, energy conservation, and economic development: A regional approach

    Energy Technology Data Exchange (ETDEWEB)

    England, Richard W. [Department of Economics, University of New Hampshire, Durham, NH 03824-3593 (United States)

    2007-03-01

    Combustion of motor fuels has a variety of environmental impacts on local, regional and global scales. Taxing motor fuels more heavily would mitigate those environmental impacts. However, many governments are reluctant to increase motor fuel taxes because they fear that the tax incidence will be regressive and that economic development will be impeded. Using data for the New England region of the United States, this paper argues that an oil-importing region can conserve energy, avoid regressive impacts and encourage economic development by taxing motor fuels more heavily and rebating the incremental revenues to owners of motor vehicles. (author)

  10. The Langevin Approach: a simple stochastic method for complex phenomena

    CERN Document Server

    Reinke, Nico; Medjroubi, Wided; Lind, Pedro G; Wächter, Matthias; Peinke, Joachim

    2015-01-01

    We describe a simple stochastic method, so-called Langevin approach, which enables one to extract evolution equations of stochastic variables from a set of measurements. Our method is parameter-free and it is based on the nonlinear Langevin equation. Moreover, it can be applied not only to processes in time, but also to processes in scale, given that the data available shows ergodicity. This chapter introduces the mathematical foundations of the Langevin approach and describes how to implement it numerically. A specific application of the method is presented, namely to a turbulent velocity field measured in the laboratory, retrieving the corresponding energy cascade and comparing with the results from a computational simulation of that experiment. In addition, we describe a physical interpretation bridging between processes in time and in scale. Finally, we describe extensions of the method for time series reconstruction and applications to other fields such as finance, medicine, geophysics and renewable ener...

  11. Economic uncertainty and econophysics

    Science.gov (United States)

    Schinckus, Christophe

    2009-10-01

    The objective of this paper is to provide a methodological link between econophysics and economics. I will study a key notion of both fields: uncertainty and the ways of thinking about it developed by the two disciplines. After having presented the main economic theories of uncertainty (provided by Knight, Keynes and Hayek), I show how this notion is paradoxically excluded from the economic field. In economics, uncertainty is totally reduced by an a priori Gaussian framework-in contrast to econophysics, which does not use a priori models because it works directly on data. Uncertainty is then not shaped by a specific model, and is partially and temporally reduced as models improve. This way of thinking about uncertainty has echoes in the economic literature. By presenting econophysics as a Knightian method, and a complementary approach to a Hayekian framework, this paper shows that econophysics can be methodologically justified from an economic point of view.

  12. A hybrid approach for efficient anomaly detection using metaheuristic methods

    Directory of Open Access Journals (Sweden)

    Tamer F. Ghanem

    2015-07-01

    Full Text Available Network intrusion detection based on anomaly detection techniques has a significant role in protecting networks and systems against harmful activities. Different metaheuristic techniques have been used for anomaly detector generation. Yet, reported literature has not studied the use of the multi-start metaheuristic method for detector generation. This paper proposes a hybrid approach for anomaly detection in large scale datasets using detectors generated based on multi-start metaheuristic method and genetic algorithms. The proposed approach has taken some inspiration of negative selection-based detector generation. The evaluation of this approach is performed using NSL-KDD dataset which is a modified version of the widely used KDD CUP 99 dataset. The results show its effectiveness in generating a suitable number of detectors with an accuracy of 96.1% compared to other competitors of machine learning algorithms.

  13. Economic valuation of informal care: the contingent valuation method applied to informal caregiving.

    Science.gov (United States)

    van den Berg, Bernard; Brouwer, Werner; van Exel, Job; Koopmanschap, Marc

    2005-02-01

    This paper reports the results of the application of the contingent valuation method (CVM) to determine a monetary value of informal care. We discuss the current practice in valuing informal care and a theoretical model of the costs and benefits related to the provision of informal care. In addition, we developed a survey in which informal caregivers' willingness to accept (WTA) to provide an additional hour of informal care was elicited. This method is better than normally recommended valuation methods able to capture the heterogeneity and dynamics of informal care. Data were obtained from postal surveys. A total of 153 informal caregivers and 149 care recipients with rheumatoid arthritis returned a completed survey. Informal caregivers reported a mean WTA to provide a hypothetical additional hour of informal care of 9.52 Euro (n=124). Many hypotheses derived from the theoretical model and the literature were supported by the data.CVM is a promising alternative for existing methods like the opportunity cost method and the proxy good method to determine a monetary value of informal care that can be incorporated in the numerator of any economic evaluation.

  14. Ecological, Social and Economic Evaluation of Transport Scenarios: An Integral Approach. A Phd research programme

    NARCIS (Netherlands)

    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

  15. Optimising the management of complex dynamic ecosystems. An ecological-economic modelling approach

    NARCIS (Netherlands)

    Hein, L.G.

    2005-01-01

    Keywords: ecological-economic modelling; ecosystem services; resource use; efficient; sustainability; wetlands, rangelands.

    Ecosyst

  16. Interbank Lending Decisions in An Economic Downturn: An Agent-Based Approach

    Directory of Open Access Journals (Sweden)

    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

  17. Schumacher and Kautilyan economics from an integral view : A sustainable approach

    NARCIS (Netherlands)

    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

  18. When Child Development Meets Economic Game Theory: An Interdisciplinary Approach to Investigating Social Development

    Science.gov (United States)

    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…

  19. Pyrolysis of forest residues: an approach to techno-economics for bio-fuel production

    Science.gov (United States)

    The techno-economics for producing liquid fuels from Maine forest residues were determined from a combination of: (1) laboratory experiments at USDA-ARS’s Eastern Regional Research Center using hog fuel (a secondary woody residue produced from mill byproducts such as sawdust, bark and shavings) as a...

  20. Components of the costs of controlling quality: a transaction cost economics approach.

    Science.gov (United States)

    Stiles, R A; Mick, S S

    1997-01-01

    This article identifies the components that contribute to a healthcare organization's costs in controlling quality. A central tenet of our argument is that at its core, quality is the result of a series of transactions among members of a diverse network. Transaction cost economics is applied internally to analyze intraorganizational transactions that contribute to quality control, and questions for future research are posed.

  1. The Economic Efficiency of European Football Clubs--Data Envelopment Analysis (DEA) Approach

    Science.gov (United States)

    Pyatunin, Aleksey V.; Vishnyakova, Angelina B.; Sherstneva, Natalia L.; Mironova, Svetlana P.; Dneprov, Sergey A.; Grabozdin, Yuriy P.

    2016-01-01

    The relevance of this paper lies in the fact that football business has grown significantly in the past 20 years and football clubs have become large companies, which in an effort to be profitable and successful on the field need to improve the efficiency of their business. The aim of this article is to measure economic efficiency of 48 big…

  2. User centric design of smart grid: A social and economical approach

    NARCIS (Netherlands)

    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

  3. The road to transfer: concept and context approaches to the subject of economics in secondary school

    NARCIS (Netherlands)

    L. Kneppers; C. van Boxtel; B. van Hout-Wolters

    2012-01-01

    In this study we investigated the effects of two forms of instruction: strengthening concepts and strengthening the ability to connect context with concepts. Although students may have acquired a reasonable amount of conceptual knowledge as a result of economics courses, two obstacles may prevent th

  4. The world economic system and international migration in less developed countries: an ecological approach.

    Science.gov (United States)

    Amankwaa, A A

    1995-01-01

    "This paper analysed net migration within the context of [the] world economic system and urban ecological framework using the structural equation model." The author "employs linear structural equation modelling to examine determinants of international migration, using data from the World Bank World Tables, World Development Reports and the World Bank." (SUMMARY IN FRE AND SPA)

  5. An Approach to Determining the Market for Academic Positions: Application to the Discipline of Agricultural Economics

    Science.gov (United States)

    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…

  6. A Geometrical Approach to the Boundary Element Method

    CERN Document Server

    Auchmann, B; Rjasanow, S

    2008-01-01

    We introduce a geometric formulation of the boundary element method (BEM), using concepts of the discrete electromagnetic theory. Geometric BEM is closely related to Galerkin-BEM and to the generalized collocation scheme. It is easy to implement, accurate, and computationally efficient. We validate our approach with 2-D examples and give an outlook to 3-D results.

  7. A retrospective approach to testing the DNA barcoding method.

    Directory of Open Access Journals (Sweden)

    David G Chapple

    Full Text Available A decade ago, DNA barcoding was proposed as a standardised method for identifying existing species and speeding the discovery of new species. Yet, despite its numerous successes across a range of taxa, its frequent failures have brought into question its accuracy as a short-cut taxonomic method. We use a retrospective approach, applying the method to the classification of New Zealand skinks as it stood in 1977 (primarily based upon morphological characters, and compare it to the current taxonomy reached using both morphological and molecular approaches. For the 1977 dataset, DNA barcoding had moderate-high success in identifying specimens (78-98%, and correctly flagging specimens that have since been confirmed as distinct taxa (77-100%. But most matching methods failed to detect the species complexes that were present in 1977. For the current dataset, there was moderate-high success in identifying specimens (53-99%. For both datasets, the capacity to discover new species was dependent on the methodological approach used. Species delimitation in New Zealand skinks was hindered by the absence of either a local or global barcoding gap, a result of recent speciation events and hybridisation. Whilst DNA barcoding is potentially useful for specimen identification and species discovery in New Zealand skinks, its error rate could hinder the progress of documenting biodiversity in this group. We suggest that integrated taxonomic approaches are more effective at discovering and describing biodiversity.

  8. Agile Service Development: A Rule-Based Method Engineering Approach

    NARCIS (Netherlands)

    Hoppenbrouwers, Stijn; Zoet, Martijn; Versendaal, Johan; Weerd, Inge van de

    2011-01-01

    Agile software development has evolved into an increasingly mature software development approach and has been applied successfully in many software vendors’ development departments. In this position paper, we address the broader agile service development. Based on method engineering principles we de

  9. Book Review: Comparative Education Research: Approaches and Methods

    Directory of Open Access Journals (Sweden)

    Noel Mcginn

    2014-10-01

    Full Text Available Book Review Comparative Education Research: Approaches and Methods (2nd edition By Mark Bray, Bob Adamson and Mark Mason (Eds. (2014, 453p ISBN: 978-988-17852-8-2, Hong Kong: Comparative Education Research Centre and Springer

  10. Major Approaches to Music Education: An Account of Method.

    Science.gov (United States)

    Shehan, Patricia K.

    1986-01-01

    In a continuing effort to improve the music education of students in beginning stages, there is a need for the review of teaching techniques that motivate student learning behaviors. Historically, music methods actively engaged students in the music-making process. The approaches of Dalcroze, Orff, Suzuki, Kodaly, and Gordon continue that…

  11. Systematic approaches to data analysis from the Critical Decision Method

    Directory of Open Access Journals (Sweden)

    Martin Sedlár

    2015-01-01

    Full Text Available The aim of the present paper is to introduce how to analyse the qualitative data from the Critical Decision Method. At first, characterizing the method provides the meaningful introduction into the issue. This method used in naturalistic decision making research is one of the cognitive task analysis methods, it is based on the retrospective semistructured interview about critical incident from the work and it may be applied in various domains such as emergency services, military, transport, sport or industry. Researchers can make two types of methodological adaptation. Within-method adaptations modify the way of conducting the interviews and cross-method adaptations combine this method with other related methods. There are many decsriptions of conducting the interview, but the descriptions how the data should be analysed are rare. Some researchers use conventional approaches like content analysis, grounded theory or individual procedures with reference to the objectives of research project. Wong (2004 describes two approaches to data analysis proposed for this method of data collection, which are described and reviewed in the details. They enable systematic work with a large amount of data. The structured approach organizes the data according to an a priori analysis framework and it is suitable for clearly defined object of research. Each incident is studied separately. At first, the decision chart showing the main decision points and then the incident summary are made. These decision points are used to identify the relevant statements from the transcript, which are analysed in terms of the Recognition-Primed Decision Model. Finally, the results from all the analysed incidents are integrated. The limitation of the structured approach is it may not reveal some interesting concepts. The emergent themes approach helps to identify these concepts while maintaining a systematic framework for analysis and it is used for exploratory research design. It

  12. A THEORETICAL APPROACH OF THE CONCEPT OF SOCIAL CAPITAL IN SUPPORTING ECONOMIC PERFORMANCE

    Directory of Open Access Journals (Sweden)

    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

  13. Children are costly, but raising them may pay: The economic approach to fertility

    Directory of Open Access Journals (Sweden)

    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.

  14. Approach for Realization of Economic Development and Social Stability in Ethnic Region of Sichuan

    Institute of Scientific and Technical Information of China (English)

    WU Yousheng

    2013-01-01

    The stability of Sichuan ’ s ethnic regions cannot be separated from their economic development.Hence, the necessary conditions for promoting the development and stability of Si-chuan ’ s ethnic regions include: fully applying the “Scientific Concept of Development”; enhan-cing the integrative and comprehensive utilization of resources;developing resource -saving and en-vironment -friendly industries; and constructing an industrial system based upon the advantages of local characteristics . 1. Integrating Advantaged Resources and Constructing Advantaged Industrial Systems ( 1 ) Enhancing Resource Development and Resource Integration Firstly, we should strengthen geological ex-ploration , and especially strengthen the investiga-tion and evaluation of those mineral resources which have a national shortage , but also have both a large potential market and big development po-tential in Sichuan ’ s ethnic regions . Secondly , we should strengthen resource ac-cumulation and its sustainable utilization;insist on“Development in Protection , and Protection in De-velopment”;strengthen the saving and sustainable utilization of resources , especially land , energy and water resources; and actively develop renew-able resources, including solar energy , biogas, bi-omass energy and wind power . with the development of tourism resources as well as agricultural and husbandry resources . ( 2 ) Advance Agriculture and Husbandry with Traditional Characteristics towards Ones with Modern Characteristics If we want to develop an agriculture and hus-bandry with modern characteristics , and realize the transformation of traditional farming and animal husbandry to ones with modern characteristics in the Sichuan ethnic regions , then, we should take the lead in building a national -level demonstra-tion base of modern agriculture and husbandry in the ethnic regions .Taking the construction of the“Four Big Systems” into consideration , we should perfect the support system for

  15. Why is the place of economics among other sciences and it’s method interrogated ?

    Directory of Open Access Journals (Sweden)

    Serap Durusoy

    2008-02-01

    Full Text Available Aim of this study is to emphasize that transforming of the interaction of economics with mathematics into the domination relationship has caused a methodological monopoly and to explain that it has caused that the dominated economics discipline has led to a rupture risk from the main events and problems. On the other hand, the study reveals that the integration of economics with a heavy formulization process, having an excessive interest of modern mathematics in economics and the impact of mathematical developments in other disciplines on economic theory have changed the power balance and have shaken the fundamentals of neoclassical economic theory. In addition, beyond that the various methodological discussions among economists about the fact that economics discipline should consider the matters of the real world, it investigates the reasons of why the ties of economical research with social problems have weaken recently. Even though economics is a social science that assumes that it is impossible to put a distance among people as converted into a dominant ideology of modern era, the study analyzes the location of economics in the classification of natural and social sciences within the framework of arguments accepting that it has resembled to the natural sciences.In this regard, the study reaches the conclusion that economics will become more scientific as mathematical modeling has been playing a guiding role in this field, otherwise intensive use of mathematics in economics will exclude the sociological. Therefore, behavioral and institutional factors have to be considered in economic analyses.

  16. An Integrated Approach to Explore the Relationship Among Economic, Construction Land Use, and Ecology Subsystems in Zhejiang Province, China

    Directory of Open Access Journals (Sweden)

    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.

  17. An Efficient Approach for Identifying Stable Lobes with Discretization Method

    Directory of Open Access Journals (Sweden)

    Baohai Wu

    2013-01-01

    Full Text Available This paper presents a new approach for quick identification of chatter stability lobes with discretization method. Firstly, three different kinds of stability regions are defined: absolute stable region, valid region, and invalid region. Secondly, while identifying the chatter stability lobes, three different regions within the chatter stability lobes are identified with relatively large time intervals. Thirdly, stability boundary within the valid regions is finely calculated to get exact chatter stability lobes. The proposed method only needs to test a small portion of spindle speed and cutting depth set; about 89% computation time is savedcompared with full discretization method. It spends only about10 minutes to get exact chatter stability lobes. Since, based on discretization method, the proposed method can be used for different immersion cutting including low immersion cutting process, the proposed method can be directly implemented in the workshop to promote machining parameters selection efficiency.

  18. Trial-based economic evaluations in occupational health: Principles, methods, and recommendations

    NARCIS (Netherlands)

    Dongen, J.M. van; Wier, M.F. van; Tompa, E.; Bongers, P.M.; Beek, A.J. van der; Tulder, M.W. van; Bosmans, J.E.

    2014-01-01

    To allocate available resources as efficiently as possible, decision makers need information on the relative economic merits of occupational health and safety (OHS) interventions. Economic evaluations can provide this information by comparing the costs and consequences of alternatives. Nevertheless,

  19. Augmenting water supply by combined desalination/water recycling methods: an economic assessment.

    Science.gov (United States)

    Teusner, Adam; Blandin, Gaetan; Le-Clech, Pierre

    2017-02-01

    Dry coastal communities increasingly need to consider non-traditional methods of augmenting their water supply. This study presents a preliminary economic comparison of three alternatives for increasing the water supply by 50% for a hypothetical baseline coastal scenario: increasing desalination (Scenario A), direct potable water reuse (DPWR) (Scenario B), and a novel retrofitted configuration of a hybrid forward osmosis-reverse osmosis (FO-RO) plant (Scenario C). The latter used the dilution of the seawater feed to increase the recovery and overall output water of the original RO step. To account for the time value of money, levelised cost (LC) was used as the primary economic metric. The hybrid FO-RO configuration had a comparable LC to DPWR (0.59 vs. 0.61 $ m(-3)) and was 12% cheaper than desalination (0.67 $ m(-3)). Furthermore, hybrid FO-RO was 7% more energy efficient than conventional desalination due to reduced intake and pretreatment flows. Sensitivity analyses demonstrated that incremental reductions in LC were possible for increased FO membrane flux, including in pressure-assisted osmosis scenarios with applied pressure ranging from 2 to 6 bar. These findings validate the examination of hybrid FO-RO configurations that deviate from the energy-reduction paradigms typically studied.

  20. Water Quality Assessment in the Vouga Catchment (Portugal) through the Integration of Hydrologic Modeling, Economic Valuation, and Optimization Methods

    Science.gov (United States)

    Hawtree, Daniel; Julich, Stefan; Rocha, João; Roebeling, Peter; Feger, Karl-Heinz

    2016-04-01

    Hydrologic model assessments of the impacts of land-cover / use change (LCLUC) are fundamental for the development of catchment management plans, which are increasingly needed for meeting water quality standards (i.e. Water Framework Directive). These assessments can be difficult to conduct at the spatial scale required for such plans, due to data limitations and the challenge of up-scaling from field / small scale studies to larger regions. Furthermore, such hydrologic assessments are of limited practical use if the financial impacts of any potential land-cover / management changes on local stakeholders are adequately quantified and taken into planning consideration. To address these challenges, this study presents an approach that integrates hydrologic modeling, economic valuation, and landscape optimization methods. This approach is applied to the Vouga catchment, a large (2,298 km^2) mixed land-use catchment in north-central Portugal. The Vouga has high nutrient (nitrogen and phosphorus) impacts in a number of reaches, which have negative impacts on downstream wetlands and groundwater supplies. To examine potential improvements to water quality, the Soil and Water Assessment Tool (SWAT) was calibrated over a five period (2002 - 2007) to establish the baseline hydrologic and nutrient fluxes. This calibration relies upon the up-scaling of findings from previous field studies (on vegetation and soils), hydrologic assessments, and modeling studies. The agricultural income for local stakeholders was estimated from existing land-cover and management approaches is made, to establish the baseline financial conditions. An optimization algorithm is then applied to the baseline scenario using both the biophysical and financial information, which seeks to determine various (most) optimal states. The preliminary results from this work are presented, and the advantages and challenges of using such an approach for scenario analysis for catchment management are discussed

  1. Accounting and methodical approaches to display law permanent and temprorary use of land assets

    Directory of Open Access Journals (Sweden)

    T.P. Ostapchuk

    2015-12-01

    Full Text Available The uniqueness of the land resources as an economic category determines the specific construction of the system of accounting which involves the accumulation, systematization, processing and analysis of economic information on quantitative, qualitative, money indicators and legal information about these objects. A large number of lands used by many entities on the rights of permanent or temporary use. Taking into account the need to use temporarily borrowed land resources by business entities, there is a need to develop general methods of displaying operations with limited real rights on accounts of both the land owners and their users. The article researches the question of theoretical and methodical aspects of accounting displaying permanent and temporary rights to use land assets in Ukraine. It examines the issue of economic and legal nature of these rights, the peculiarities of legal regulation of transactions with them. The paper deals with the procedure of their receiving and its impact on the accounting software. The author analyzes the existing approaches of other authors and proposes her own position.

  2. Advanced numerical methods and software approaches for semiconductor device simulation

    Energy Technology Data Exchange (ETDEWEB)

    CAREY,GRAHAM F.; PARDHANANI,A.L.; BOVA,STEVEN W.

    2000-03-23

    In this article the authors concisely present several modern strategies that are applicable to drift-dominated carrier transport in higher-order deterministic models such as the drift-diffusion, hydrodynamic, and quantum hydrodynamic systems. The approaches include extensions of upwind and artificial dissipation schemes, generalization of the traditional Scharfetter-Gummel approach, Petrov-Galerkin and streamline-upwind Petrov Galerkin (SUPG), entropy variables, transformations, least-squares mixed methods and other stabilized Galerkin schemes such as Galerkin least squares and discontinuous Galerkin schemes. The treatment is representative rather than an exhaustive review and several schemes are mentioned only briefly with appropriate reference to the literature. Some of the methods have been applied to the semiconductor device problem while others are still in the early stages of development for this class of applications. They have included numerical examples from the recent research tests with some of the methods. A second aspect of the work deals with algorithms that employ unstructured grids in conjunction with adaptive refinement strategies. The full benefits of such approaches have not yet been developed in this application area and they emphasize the need for further work on analysis, data structures and software to support adaptivity. Finally, they briefly consider some aspects of software frameworks. These include dial-an-operator approaches such as that used in the industrial simulator PROPHET, and object-oriented software support such as those in the SANDIA National Laboratory framework SIERRA.

  3. Total System Performance Assessment - License Application Methods and Approach

    Energy Technology Data Exchange (ETDEWEB)

    J. McNeish

    2003-12-08

    ''Total System Performance Assessment-License Application (TSPA-LA) Methods and Approach'' provides the top-level method and approach for conducting the TSPA-LA model development and analyses. The method and approach is responsive to the criteria set forth in Total System Performance Assessment Integration (TSPAI) Key Technical Issues (KTIs) identified in agreements with the U.S. Nuclear Regulatory Commission, the ''Yucca Mountain Review Plan'' (YMRP), ''Final Report'' (NRC 2003 [163274]), and the NRC final rule 10 CFR Part 63 (NRC 2002 [156605]). This introductory section provides an overview of the TSPA-LA, the projected TSPA-LA documentation structure, and the goals of the document. It also provides a brief discussion of the regulatory framework, the approach to risk management of the development and analysis of the model, and the overall organization of the document. The section closes with some important conventions that are used in this document.

  4. A FUTURE APPROACHES, SOCIAL ORGANIZATION AND THEIR ECONOMIC CONSEQUENCES OF THE INFORMATIONAL SOCIETY – KNOWLEDGE SOCIETY

    Directory of Open Access Journals (Sweden)

    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”.

  5. Climate change economics on a small island: new approaches for Tobago

    Energy Technology Data Exchange (ETDEWEB)

    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.

  6. Insurance penetration and economic growth in Africa: Dynamic effects analysis using Bayesian TVP-VAR approach

    Directory of Open Access Journals (Sweden)

    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.

  7. APPROACHES TO EUROPEAN UNION MILITARY COLLABORATION IN THE CURRENT ECONOMIC AUSTERITY ENVIRONMENT

    Directory of Open Access Journals (Sweden)

    Maria CONSTANTINESCU

    2012-01-01

    Full Text Available The effects of the economic crisis on European countries has led to serious cuts of the defense budgets and a perceived reduction in the EU’s ability to provide capabilities required by other allies, especially the US. Cooperation, in the form of pooling and sharing may not be an easy and “ready to use” solution to Europe’s defense issues generated by the budget austerity and economic downturn, but it may provide ways to lessen the defense cuts impact on the military capabilities. Nonetheless, the success of the initiative is strongly related to the degree of political and military commitment of the EU countries to put into practice the concept.

  8. CAUSAL RELATIONSHIP BETWEEN FOSSIL FUEL CONSUMPTION AND ECONOMIC GROWTH IN JAPAN: A MULTIVARIATE APPROACH

    Directory of Open Access Journals (Sweden)

    Hazuki Ishida

    2013-01-01

    Full Text Available 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 causality between fossil fuels and GDP. The results also show that there is no causal relationship between non-fossil energy and GDP. The results of cointegration analysis, Granger causality tests, and variance decomposition analysis imply that non-fossil energy may not necessarily be able to play the role of fossil fuels. Japan cannot seem to realize both continuous economic growth and the departure from dependence on fossil fuels. Hence, growth-oriented macroeconomic policies should be re-examined.

  9. Social Capital in the creation of Human Capital and Economic Growth: A Productive Consumption Approach

    OpenAIRE

    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...

  10. Economic efficiency of e-learning in higher education: An industrial approach

    Directory of Open Access Journals (Sweden)

    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.

  11. Tokyo Tech–Hitotsubashi Interdisciplinary Conference : New Approaches to the Analysis of Large-Scale Business and Economic Data

    CERN Document Server

    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...

  12. The economic viability of value-based food chain for dairy farms in mountain regions: an econometric analysis approach

    Directory of Open Access Journals (Sweden)

    Jernej Prišenk

    2016-07-01

    Full Text Available The attention of this paper is drawn to analyze the economic potential of involvement of farmers into the small-medium sized value-based food chain (VBFC. The survey represents a solid dana basis from which econometric modelling approach was further developed. Empirical results reveal the positive economic viability on a general level; this means more stable purchase price of raw milk for dairy farms, which are the part of value-based food chain. Results point at inelastic demand for milk and milk related products. Furthermore, there are some accompanying and underlying indirect social benefits, such as production of high-quality food products, more stable and constant demand for raw milk, steady payments and better social situation. The last one is especially important for the farms operating in less-favored mountain areas where the survey was actually conducted.

  13. A method to evaluate coordination between regional economic, social development and water resources

    Science.gov (United States)

    Zhou, S. B.; Qi, W. T.; Du, A. M.; He, H.

    2016-08-01

    Coordination between regional economic, social development and water resources is the key factor for the sustainable development of regions. Scientific evaluation of the coordination and analysis of similar reasons will improve the management level of decision-makers. The Coupling Coordination Degree model (CCD) developed on synergistic theory is now considered as a better method to evaluate coordination between systems. But, there are still some deficiencies. This paper attempts to improve the method in two aspects,: (1) introduce Full Permutation Polygon Synthesis Illustration method (FPPSI) to replace the two key steps of the present CCD model. To realize the data standardization and the comprehensive evaluation of system state, and to achieve the analysis of corresponding reasons. And (2) calculate the coupling coordination degrees of systems’ evolution speeds instead of comprehensive evaluation indexes, which will fully reflect the dynamic interaction between systems. To verify the feasibility of the method, Taihu Basin is taken as a case study. Results demonstrate that the improved CCD model is not only able to reflect the dynamic interaction between systems adequately, but also visually presents the specific reasons through geometrical illustration.

  14. A new approach to constructing efficient stiffly accurate EPIRK methods

    Science.gov (United States)

    Rainwater, G.; Tokman, M.

    2016-10-01

    The structural flexibility of the exponential propagation iterative methods of Runge-Kutta type (EPIRK) enables construction of particularly efficient exponential time integrators. While the EPIRK methods have been shown to perform well on stiff problems, all of the schemes proposed up to now have been derived using classical order conditions. In this paper we extend the stiff order conditions and the convergence theory developed for the exponential Rosenbrock methods to the EPIRK integrators. We derive stiff order conditions for the EPIRK methods and develop algorithms to solve them to obtain specific schemes. Moreover, we propose a new approach to constructing particularly efficient EPIRK integrators that are optimized to work with an adaptive Krylov algorithm. We use a set of numerical examples to illustrate the computational advantages that the newly constructed EPIRK methods offer compared to previously proposed exponential integrators.

  15. A rapid and economic in-house DNA purification method using glass syringe filters.

    Directory of Open Access Journals (Sweden)

    Yun-Cheol Kim

    Full Text Available BACKGROUND: Purity, yield, speed and cost are important considerations in plasmid purification, but it is difficult to achieve all of these at the same time. Currently, there are many protocols and kits for DNA purification, however none maximize all four considerations. METHODOLOGY/PRINCIPAL FINDINGS: We now describe a fast, efficient and economic in-house protocol for plasmid preparation using glass syringe filters. Plasmid yield and quality as determined by enzyme digestion and transfection efficiency were equivalent to the expensive commercial kits. Importantly, the time required for purification was much less than that required using a commercial kit. CONCLUSIONS/SIGNIFICANCE: This method provides DNA yield and quality similar to that obtained with commercial kits, but is more rapid and less costly.

  16. Selecting an economically justifiable method of calculating ameliorant application rates for solonetzes with different sodium contents

    Science.gov (United States)

    Voropaeva, Z. I.

    2010-01-01

    The comparative assessment of methods for the calculation of the gypsum application rates based on the exchangeable sodium (Gedroits, Schollenberger), the estimated sodium (Schoonover), and the soil’s requirement for calcium (the version of the Omsk State Agrarian University) showed that, for the chemical amelioration of solonetzes with different contents of exchangeable sodium in Western Siberia, it is economically and ecologically advisable to calculate the ameliorant application rates from the estimated sodium. It was experimentally shown that the content of displaced magnesium used by Schoonover is a more efficient unified criterion than the value of the calcium adsorption by zonal soils. For improving the method’s accuracy, it was proposed to change the conditions of the soil preparation by regulating the concentration of the displacing solution, the interaction time, and the temperature.

  17. Modeling urban growth by the use of a multiobjective optimization approach: environmental and economic issues for the Yangtze watershed, China.

    Science.gov (United States)

    Zhang, Wenting; Wang, Haijun; Han, Fengxiang; Gao, Juan; Nguyen, Thuminh; Chen, Yarong; Huang, Bo; Zhan, F Benjamin; Zhou, Lequn; Hong, Song

    2014-11-01

    Urban growth is an unavoidable process caused by economic development and population growth. Traditional urban growth models represent the future urban growth pattern by repeating the historical urban growth regulations, which can lead to a lot of environmental problems. The Yangtze watershed is the largest and the most prosperous economic area in China, and it has been suffering from rapid urban growth from the 1970s. With the built-up area increasing from 23,238 to 31,054 km(2) during the period from 1980 to 2005, the watershed has suffered from serious nonpoint source (NPS) pollution problems, which have been mainly caused by the rapid urban growth. To protect the environment and at the same time maintain the economic development, a multiobjective optimization (MOP) is proposed to tradeoff the multiple objectives during the urban growth process of the Yangtze watershed. In particular, the four objectives of minimization of NPS pollution, maximization of GDP value, minimization of the spatial incompatibility between the land uses, and minimization of the cost of land-use change are considered by the MOP approach. Conventionally, a genetic algorithm (GA) is employed to search the Pareto solution set. In our MOP approach, a two-dimensional GA, rather than the traditional one-dimensional GA, is employed to assist with the search for the spatial optimization solution, where the land-use cells in the two-dimensional space act as genes in the GA. Furthermore, to confirm the superiority of the MOP approach over the traditional prediction approaches, a widely used urban growth prediction model, cellular automata (CA), is also carried out to allow a comparison with the Pareto solution of MOP. The results indicate that the MOP approach can make a tradeoff between the multiple objectives and can achieve an optimal urban growth pattern for Yangtze watershed, while the CA prediction model just represents the historical urban growth pattern as the future growth pattern

  18. Social and Economic Indicators of Rural Development from a Sociological Viewpoint. A Suggested Empirical Approach.

    Science.gov (United States)

    Wilcox, Leslie D.; And Others

    An empirical approach to the development of a system of social indicators was suggested in this paper. The paper also suggested research developed around a more inductive approach to social indicator research with 3 methodological phases representing increasing levels of methodological sophistication. The first steps attempted to conceptualize…

  19. The economic value of CAD systems in structural design and construction: A modelling approach

    NARCIS (Netherlands)

    Chandansingh, R.A.

    1995-01-01

    A modelling approach is provided for the analysis of cost-effects of CAD systems. It aims to support strategic management of CAD systems in structural design and construction. The approach is based on the production digraph model of production processes, and the value-added model of information comm

  20. A Coordinated Approach to Raising the Socio-Economic Status of Latinos in California.

    Science.gov (United States)

    Lopez, Elias, Ed.; Puddefoot, Ginny, Ed.; Gandara, Patricia, Ed.

    This report presents a collection of papers that focuses on a coordinated approach to raising the socioeconomic status of Hispanic Americans living in California. After presenting "The Need for a Coordinated Approach," the papers are: "Preschool Access" (Theresa Garcia, Sandra Gutierrez, and Giovanna Stark); "K-12…

  1. No Time for Timidity: A "Buffett" Approach to Weathering the Economic Crisis and Coming out Ahead

    Science.gov (United States)

    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…

  2. Integrated assessment of policy interventions for promoting sustainable irrigation in semi-arid environments: a hydro-economic modeling approach.

    Science.gov (United States)

    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. Method for component-based economical optimisation for use in design of new low-energy buildings

    DEFF Research Database (Denmark)

    Petersen, Steffen; Svendsen, Svend

    2012-01-01

    Increasing requirements for energy performance in new buildings mean the cost of incorporating energy-saving in buildings is also increasing. Building designers thus need to be aware of the long-term cost-effectiveness of potential energy-conserving measures. This paper presents a simplified and ...... for the iterative design process and a more detailed economic optimisation. Furthermore, the method explicitly illustrates the economic efficiency of the individual building elements and services enabling the identification of potentials for further product development....... and transparent economic optimisation method to find an initial design proposal near the economical optimum. The aim is to provide an expedient starting point for the building design process and more detailed economic optimisation. The method uses the energy frame concept to express the constraints...... of the optimisation problem, which is then solved by minimising the costs of conserving energy in all the individual energy-saving measures. A case example illustrates how the method enables designers to establish a qualified estimate of an economically optimal solution. Such an estimate gives a good starting point...

  4. A new approach of high speed cutting modelling: SPH method

    OpenAIRE

    LIMIDO, Jérôme; Espinosa, Christine; Salaün, Michel; Lacome, Jean-Luc

    2006-01-01

    The purpose of this study is to introduce a new approach of high speed cutting numerical modelling. A lagrangian Smoothed Particle Hydrodynamics (SPH) based model is carried out using the Ls-Dyna software. SPH is a meshless method, thus large material distortions that occur in the cutting problem are easily managed and SPH contact control permits a “natural” workpiece/chip separation. Estimated chip morphology and cutting forces are compared to machining dedicated code results and experimenta...

  5. Economic Implications of Food Demand in Akoko South West, Ondo State, Nigeria: Aids Approach

    Directory of Open Access Journals (Sweden)

    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

  6. An approach to the economics of two vegetable oil-based biofuels in Spain

    Energy Technology Data Exchange (ETDEWEB)

    Dorado, M.P.; Cruz, F.; Palomar, J.M. [Department of Mechanics and Mining, University of Jaen, EUP of Linares, C/. Alfonso X el Sabio 28, 23700 Linares (Jaen) (Spain); Lopez, F.J. [Department of Agricultural Engineering, University of Cordoba, ETSIAM, Avda. Menendez Pidal s/n, 14080 Cordoba (Spain)

    2006-07-15

    Biodiesel is a form of renewable energy that provides a less polluting fuel for diesel engines with minimal reduced engine performance as a result of a slight power loss and specific fuel consumption increase. To extend the use of biodiesel, the main concern is the economic viability of producing biodiesel. This study identified that the price of the feedstock was one of the most significant factors. Also, glycerol was found to be a valuable by-product that could reduce the final manufacturing costs of the process up to 6.5%, depending on the raw feedstock used. Biodiesel can only compete with diesel fuel prices. (author)

  7. Designing a socio-economic assessment method for integrative biomedical research: the Osteoporotic Virtual Physiological Human project.

    Science.gov (United States)

    Thiel, Rainer; Stroetmann, Karl A; Stroetmann, Veli N; Viceconti, Marco

    2009-01-01

    In integrative biomedical research, methods assessing the clinical or even socio-economic impact of more complex technologies such as Information and Communication Technology (ICT)-based tools for modelling and simulation of human physiology have rarely been applied. The EU funded Osteoporotic Virtual Physiological Human (VPHOP) research project, part of the Virtual Physiological Human (VPH) European initiative, will create a patient-specific hypermodel to predict the absolute risk of bone fracture much more accurately than predictions based on current clinical practice. The project has developed an innovative, multilevel generic methodological framework to assess the clinical and socio-economic impact of biocomputational models. The assessment framework consists of three components: a socio-economic cost benefit analysis, health economic analysis of care pathways, and disease cost simulation models. Through its holistic perspective, the method provides a tool to appraise the overall value of biocomputational models for society.

  8. Selection of construction methods: a knowledge-based approach.

    Science.gov (United States)

    Ferrada, Ximena; Serpell, Alfredo; Skibniewski, Miroslaw

    2013-01-01

    The appropriate selection of construction methods to be used during the execution of a construction project is a major determinant of high productivity, but sometimes this selection process is performed without the care and the systematic approach that it deserves, bringing negative consequences. This paper proposes a knowledge management approach that will enable the intelligent use of corporate experience and information and help to improve the selection of construction methods for a project. Then a knowledge-based system to support this decision-making process is proposed and described. To define and design the system, semistructured interviews were conducted within three construction companies with the purpose of studying the way that the method' selection process is carried out in practice and the knowledge associated with it. A prototype of a Construction Methods Knowledge System (CMKS) was developed and then validated with construction industry professionals. As a conclusion, the CMKS was perceived as a valuable tool for construction methods' selection, by helping companies to generate a corporate memory on this issue, reducing the reliance on individual knowledge and also the subjectivity of the decision-making process. The described benefits as provided by the system favor a better performance of construction projects.

  9. Why is the place of economics among other sciences and it’s method interrogated ?

    Directory of Open Access Journals (Sweden)

    Serap Durusoy

    2008-02-01

    Full Text Available Aim of this study is to emphasize that transforming of the interaction of economics with mathematics into the domination relationship has caused a methodological monopoly and to explain that it has caused that the dominated economics discipline has led to a rupture risk from the main events and problems. On the other hand, the study reveals that the integration of economics with a heavy formulization process, having an excessive interest of modern mathematics in economics and the impact of mathematical developments in other disciplines on economic theory have changed the power balance and have shaken the fundamentals of neoclassical economic theory. In addition, beyond that the various methodological discussions among economists about the fact that economics discipline should consider the matters of the real world, it investigates the reasons of why the ties of economical research with social problems have weaken recently. Even though economics is a social science that assumes that it is impossible to put a distance among people as converted into a dominant ideology of modern era, the study analyzes the location of economics in the classification of natural and social sciences within the framework of arguments accepting that it has resembled to the natural sciences.In this regard, the study reaches the conclusion that economics will become more scientific as mathematical modeling has been playing a guiding role in this field, otherwise intensive use of mathematics in economics  will exclude the  sociological. Therefore, behavioral and institutional factors have to be  considered in economic analyses.

  10. Methodical Approach to Managing Resources at an Industrial Enterprise

    Directory of Open Access Journals (Sweden)

    Antonets Olga O.

    2013-11-01

    Full Text Available The goal of the article lies in identification of optimal ways of managing material resources of an industrial enterprise on the basis of economic and mathematical modelling. In the process of analysis and systematisation of works of foreign and domestic scientists the article makes a conclusion about the insufficient degree of development of such complex solutions on formation of logistic systems of resource management, which would be simple and adaptive. The article provides results of the study of specific features of resource management at enterprises, among which – surplus (deficit of resources and availability of non-liquid reserves. In order to eliminate shortcomings the article offers a situational order of management with consideration of a possible state of reserves. The article improves the model of selection of the volume of supply of material resources and identifies optimal solutions with consideration of interval uncertainty. The further direction of the study lies in integration of the proposed approach to resource management with the system of financial planning at an industrial enterprise.

  11. Organizational and Economic Forms and Effective Methods of State Regulation of Agriculture

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    Rinat Fazltdinovich Gataullin

    2015-06-01

    Full Text Available The multistructurality and variety of organizational and economic forms of business pattern in agriculture are reasonably related and presented in the form of the individual and private, collective, state, and also mixed business. The individual and private type of small rural business is country farms and those personal farms, which have commodity or partially commodity character. Collective business in agro-industrial sector of the Republic of Bashkortostan is conducted on the basis of collective-share and cooperative property. All republic agricultural organizations belong to cattle breeding, cattle breeding grain, and grain cattle breeding types, at various combinations of other industries, traditional for the republic as additional. The cattle breeding of milk and meat direction is characterized for all zones of the Republic. Different organizational and economic forms of enterprises have various level of efficiency. The existing experience confirms higher efficiency of large-scale enterprises in comparison to small-scale that is determined by the economic law of production concentration (density, scale, that is economy of scale. There are also distinctions in indicators of farm efficiency. The purpose of the work is the proposal development on creation of the effective agriculture support mechanism. In preparing the study, the methods of statistical data analysis, material analysis of reports of some farms for 2006-2013, also their inspections, indicators of budget performance of the Republic, SWOT analysis of the institutional potential assessment of the internal and external factors influencing the agro-industrial complex strategy development are used. Scope of the results: system of state regulation and support of agro-industrial complex taking into account the business patterns existing in agriculture. Conclusions and main results of the analysis: 1. At the present time, various ways in agriculture, at the right choice of

  12. A REGIONAL APPROACH TO THE METROPOLITAN ECONOMIC GROWTH: EVIDENCE FROM THE EUROPEAN UNION

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    Florin Teodor Boldeanu

    2016-09-01

    Full Text Available The main goal of this study is to contribute to metropolitan economic growth literature by carrying out an analysis for 271 areas located in the EU between 2000 and 2013. For this objective the study uses several panel data estimation techniques, namely the GMM, System GMM and the QML estimation. To check the robustness of the results, the time period is divided in two (post and ante economic crisis and by splitting the sample of metropolitan regions in two components, the Western more developed regions and the Central and South-Eastern (the formal communist states, except for Cyprus areas. The results indicate that the industrial, construction and wholesale and retail trade sectors are positively linked with metropolitan growth. The agricultural, fishery and forestry sector is negatively influencing growth. The manufacturing and ITC sectors and migration are not statistically significant. Furthermore population density and size is more important than population growth and European enlargement did not have a substantial positive impact on metropolitan growth for the Central and South-Eastern regions.

  13. AN ALTERNATIVE APPROACH TO ENDING ECONOMIC INSECURITY IN NIGERIA: THE ROLE OF REVOLVING CREDIT ASSOCIATION

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    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.

  14. Networks for integrated care provision: an economic approach based on opportunism and trust.

    Science.gov (United States)

    Meijboom, Bert; de Haan, Job; Verheyen, Piet

    2004-07-01

    In this paper, we provide the economic rationale for an important issue in the health care sector, namely the network formation, e.g., in The Netherlands. The presence of such cooperation structures is hard to explain using the basic concept of the economic organization (EO) theory, i.e., the dichotomy of hierarchy versus market. However, acknowledging the aspect of trust renders the clan concept to be a powerful tool in understanding the viability of intra- and inter-organizational cooperation in the health sector. The main reason for this is the manner in which the professionals involved perform, as well as the importance of the tacit knowledge of the actors employed in the various health institutions. First, we address the conversion from supply towards demand orientation and the resulting pressure on multi-professional cooperation between health care providers. Then, relevant EO concepts will be reviewed, while introducing theory on knowledge, learning, and trust. Moreover, we offer conclusions for the health care sector on a concept-by-concept basis. Finally, we propose the notion of interclan, a clan-inspired notion for inter-organizational cooperation, and analyse the observed network formation.

  15. The Impact of Banks and Stock Market Development on Economic Growth in South Africa: an ARDL-bounds Testing Approach

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    Sheilla Nyasha

    2015-04-01

    Full Text Available This paper examines the impact of both bank- and market-based financial development on economic growth in South Africa during the period from 1980 to 2012. Unlike some previous studies, the current study employs means-removed average to construct both bank- and market-based financial development indices. The study uses the newly developed autoregressive distributed lag (ARDL bounds testing approach to examine this linkage. The empirical results of this study show that there is a positive relationship between bank-based financial development and economic growth in South Africa. The results, however, fail to find any relationship between market-based financial development and economic growth in South Africa. The results apply irrespective of whether the regression analysis is conducted in the short run or in the long run. These results imply that it is bank-based financial development rather than market-based financial development that plays a pivotal role in propelling South Africa’s real sector.

  16. A Method for Eletric Vehicle Ownership Forecast Considering Different Economic Factors

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    Hanwu Luo

    2013-04-01

    Full Text Available The construction of electric vehicles (EVs charging station needs to be planed according to the ownership of EVs, traffic condition, population etc. Therefore a BP neural network based method to forecast the EV ownership for a city is presented in the paper, which considers the influence on the EV ownership caused by many related economy factors, including GDP of a city, vehicle production, per capita crude steel production, per capita generation capacity, road passenger traffic, highway mileage and the total population.  A BP neural network is set up for the forecast of EV ownership, and the input layer contains seven neutrons, which represent different economic factors. There are three neurons in its hidden layer, and the output is the EV ownership.  Then the method to predict the EV ownership of a city is presented, which is based on the forecast of the civilian car ownership in a city and the country. The EV ownership in the city of Chongqing from the year 2013 to 2020 is predicted, and the accuracy of the model is verified firstly, then the EV ownership in Chongqing is obtained, which is helpful to make plans for the development of electric vehicle.

  17. Quantitative, qualitative, and collaborative methods: approaching indigenous ecological knowledge heterogeneity

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    Jeremy Spoon

    2014-09-01

    Full Text Available I discuss the use of quantitative, qualitative, and collaborative methods to document and operationalize Indigenous ecological knowledge, using case studies from the Nepalese Himalaya and Great Basin. Both case studies applied results to natural and cultural resource management and interpretation for the public. These approaches attempt to reposition the interview subjects to serve as active contributors to the research and its outcomes. I argue that the study of any body of Indigenous knowledge requires a context-specific methodology and mutually agreed upon processes and outcomes. In the Nepalese Himalaya, I utilized linked quantitative and qualitative methods to understand how tourism influenced Sherpa place-based spiritual concepts, species, and landscape knowledge inside Sagarmatha (Mount Everest National Park and Buffer Zone. In this method, Sherpa collaborated in the development of the research questions, the design, and in the review of results. The research in the Great Basin employed collaborative qualitative methods to document Numic (Southern Paiute and Western Shoshone ecological knowledge of federal lands within their ancestral territory and attempted to piece together fragmented and contested histories of place. In this method, Numic peoples collaborated on the development of research questions and design; however they also conducted most of the interviews. In both cases, I selected particular suites of methods depending on the context and created forums for the translation of this information to applied outcomes. The methods were also improved and innovated through praxis.

  18. Approaches and Methods of Periodization in Literary History

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    Dr. N. Gh. Sarli

    Full Text Available One of the most fundamental acts of historiography is to classify historical information in diachronic axis. The method of this classification or periodization shows the theoretical approach of the historian and determines the structure and the form of his history. Because of multiple criteria of analysis and various literary genres, periodization in literary history is more complicated than that of general history. We can distinguish two approaches in periodization of literary history, although these can be used together: extrinsic or social-cultural approach (based on criteria extrinsic to literature and intrinsic or formalist approach (based on criteria intrinsic to literature. Then periodization in literary history can be formulated in different methods and may be based upon various criteria: chronological such as century, decade and year; organic patterns of evolution; great poets and writers; literary emblems and evaluations of every period; events, concepts and periods of general or political history; analogy of literary history and history of ideas or history of arts; approaches and styles of language; dominant literary norms. These methods actually are used together and everyone has adequacy in special kind of literary history. In periodization of Persian contemporary literature, some methods and models current in periodization of poetry have been applied identically to periodization of prose. Periodization based upon century, decade and year is the simplest and most mechanical method but sometimes certain centuries in some countries have symbolic and stylistic meaning, and decades were used often for subdivisions of literary history, especially nowadays with fast rhythm of literary change.Periodization according to organic patterns of evolution equates the changes of literary history with the life phases of an organism, and offers an account of birth, mature and death (and sometimes re-birth of literary genres, but this method have

  19. Responsibility and Capitalism. A Phenomenological Way to Approach the Economic Crisis

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    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.

  20. Techno-economics of carbon preserving butanol production using a combined fermentative and catalytic approach.

    Science.gov (United States)

    Nilsson, Robert; Bauer, Fredric; Mesfun, Sennai; Hulteberg, Christian; Lundgren, Joakim; Wännström, Sune; Rova, Ulrika; Berglund, Kris Arvid

    2014-06-01

    This paper presents a novel process for n-butanol production which combines a fermentation consuming carbon dioxide (succinic acid fermentation) with subsequent catalytic reduction steps to add hydrogen to form butanol. Process simulations in Aspen Plus have been the basis for the techno-economic analyses performed. The overall economy for the novel process cannot be justified, as production of succinic acid by fermentation is too costly. Though, succinic acid price is expected to drop drastically in a near future. By fully integrating the succinic acid fermentation with the catalytic conversion the need for costly recovery operations could be reduced. The hybrid process would need 22% less raw material than the butanol fermentation at a succinic acid fermentation yield of 0.7g/g substrate. Additionally, a carbon dioxide fixation of up to 13ktonnes could be achieved at a plant with an annual butanol production of 10ktonnes.

  1. Population and Asset Distributions in Economically Competitive Activities:a Rate-Equation Approach

    Institute of Scientific and Technical Information of China (English)

    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.

  2. Searching for economic rationale behind gated communities: a public choice approach.

    Science.gov (United States)

    Cséfalvay, Zoltán

    2011-01-01

    As millions of people world-wide now live in residential areas with restricted access to the public, the ascent of gated communities can no longer be attributed to incidental or deviant development. Hence this paper makes an attempt to discover the economic rationale behind the gated community phenomenon; it discusses the mainstream theses and outlines 10 theorems for an alternative proposition based on theories of public choice and fiscal federalism. The core theorem asserts that a centrally featured system of government diminishes the ability of local municipalities properly to reflect citizens' demands for local public goods and services, and that this constitutes a strong incentive for people to move into gated communities. In particular, gated and guarded residential developments represent an exit option when local municipalities fail to deploy vital governmental rules and instruments, such as fiscal equivalence and benefit taxation.

  3. Commoditization and oppression: a systems approach to understanding the economic dynamics of modes of oppression.

    Science.gov (United States)

    Manno, Jack P

    2010-01-01

    Commoditization is a generalized Darwinian selection pressure in economic evolution driven by profit- and efficiency-seeking in the investment of key resources. By winnowing noncommodity opportunities to satisfy human needs, commoditization distorts development in ways that intensify negative social outcomes experienced by oppressed groups and undermines the possibility for sustainable development. When market logic dominates the investment of financial capital, energy, raw materials, human attention, labor, and creativity, market goods with traits associated with commodities are fully developed while nonmarket goods lacking those traits are systematically underdeveloped. Analysis of the traits of commodities explains the unsustainable development or maldevelopment that disproportionately affects those who are dependent on or who highly value important nonmarket relationships. Oppression theory is addressed with specific examples. A generalized form of oppression is theorized that systematically stunts the imagination and creativity required to meet contemporary environmental crises.

  4. Economic and industrial development. EID - EMPLOY. Final report. Task 1. Review of approaches for employment impact assessment of renewable energy deployment

    Energy Technology Data Exchange (ETDEWEB)

    Breitschopf, Barbara [Fraunhofer-Institut fuer System- und Innovationsforschung (ISI), Karlsruhe (Germany); Nathani, Carsten; Resch, Gustav

    2011-11-15

    modelling approach and provides a rough assessment of net impacts without detailed macroeconomic modelling. For the full economic assessment approach we suggest to briefly sketch the main relevant elements, but do not provide data, methods or calculations.

  5. A comprehensive approach for assessing the economic contribution of forage and livestock improvement options to smallholder farming enterprises

    Institute of Scientific and Technical Information of China (English)

    Neil MacLeod; Scott Waldron; WEN Shi-lin

    2015-01-01

    The importance of livestock production activities to improving the livelihoods of smal holder farming households and the efifciency of their underlying farming systems is increasingly recognized. A rapid increase in livestock numbers, especial y beef cattle, and special purpose forages is being promoted for smal holder farms which have traditional y undertaken sub-sistence cropping activities or simple livestock rearing activities using low quality feedstuffs. Because limited plantings of specialized forages combined with a poor knowledge of animal nutrition are a chal enge to establishing sustainable livestock enterprises, much public policy and research is now being focused on the use of new forages and improved feeding practices. A number of economic studies have suggested that specialized forage growing and livestock feeding activities can make a positive contribution to smal holder welfare. The studies have typical y compared the total level of farm or household income with and without livestock activities. Little attention is given to how much the new forage or livestock activities actual y contribute to or draw resources from other farm activities to assess their real economic contribution to the enterprise, and the availability of simple tools to assist in making such assessments are limited. This paper describes a simple model ing approach that was developed for an Australian Centre for International Agricultural Research (ACIAR)-supported project to explore the real as opposed to apparent economic impact of integrating improved forages and livestock within smal holder farming systems in the Red Soils region of south-central China. Application of the model is demonstrated using a simple case study of a smal holder enterprise that plans to introduce a new beef cattle rearing activity to its existing farm activity mix. The case study highlights the importance of explicitly valuing transfers of resources between different farm activities to gauge the real

  6. Socio-economical approach of wastes; Approche socio-economique des dechets

    Energy Technology Data Exchange (ETDEWEB)

    Bertolini, G. [Lyon-1 Univ., CNRS, Lab. d' Analyse des Systemes de Sante (LASS), 69 (France)

    2004-01-01

    The definition of waste itself is problematic and source of dispute. Todays, the regulatory point of view does not correspond to the economical meaning. Municipal wastes are a growing up source. Among the different processes, the disposal is more and more rejected while the incineration is contested and the materials recovery encounters some limitations or constraints. The waste refers to a complex system of socio-cultural values. Its behaviour is accompanied by negative reactions, like 'Nimby' ('not in my backyard') or positive ones in particular through selective collections for valorization purposes. The improvement of processes leads to a sensible increase of costs (even if it generates employment) and leads to the search for new financing sources. The privatization debate is coupled with a debate on companies concentration with groups which have become multinational. The markets show oligopolistic characteristics, sometimes monopolistic. A better management requires the development of regulation instruments. The conditions of their efficiency are examined: 1 - waste: definition, economical bases and logics implemented; 2 - household wastes: evolution trends; processing; incineration: world situation and analysis; 'good choices'; 3 - materials recovery: materials valorization from household wastes; selective collection; European external trade of recovery products and materials; 4 - sociological aspects: Nimby; selective collection; employment; 5 - collection and processing costs: municipal wastes, industrial wastes; 6 - market and operators: big groups; household wastes; elimination and recovery; special or hazardous industrial wastes; 7 - financing and regulation: financing relative to household wastes; cleansing and pollution standards limitations; regulation instruments. (J.S.)

  7. The economic impact of the insured patients with severe chronic and acute illnesses: a qualitative approach

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    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

  8. Technical and Economical Analysis of Regulation Methods for Intermediate Steam Over-Heating in Gas and Fuel Oil Boilers

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    V. I. Nazarov

    2006-01-01

    Full Text Available Various methods for temperature regulation of intermediate steam over-heating have been investigated. The most economical method, namely, smoke gas recirculation with regular water sprinkling from ПВД-8 drain has been selected in the paper.

  9. Scaled Opposite Spin Second Order Moller-Plesset Correlation Energy: An Economical Electronic Structure Method

    Energy Technology Data Exchange (ETDEWEB)

    Jung, Yousung; Lochan, Rohini C.; Dutoi, Anthony D.; Head-Gordon, Martin

    2004-08-02

    A simplified approach to treating the electron correlation energy is suggested in which only the alpha-beta component of the second order Moller-Plesset energy is evaluated, and then scaled by an empirical factor which is suggested to be 1.3. This scaled opposite spin second order energy (SOS-MP2) yields results for relative energies and derivative properties that are statistically improved over the conventional MP2 method. Furthermore, the SOS-MP2 energy can be evaluated without the 5th order computational steps associated with MP2 theory, even without exploiting any spatial locality. A 4th order algorithm is given for evaluating the opposite spin MP2 energy using auxiliary basis expansions, and a Laplace approach, and timing comparisons are given.

  10. Global panic reaction--a therapeutic approach to a world-wide economic crisis.

    Science.gov (United States)

    Sperling, W; Biermann, T; Maler, J M

    2009-08-01

    Drastic losses on the stock markets within short periods have been the subject of numerous investigations in view of the fact that they are often irrational. In a recently published model we reported about the world-wide phenomenon of Global panic reaction (GPR) [Sperling W, Bleich S, Reulbach U. Black Monday on stock markets throughout the world - a new phenomenon of collective panic disorder? A psychiatric approach. Med Hypotheses 2008;71(6):972-4], which illustrate typical psychiatric symptoms of panic disorder. We now complete this model by a therapeutic approach for the patient. Therefore the identification of a therapeutic regime "step by step" was necessary.

  11. Methodical approaches to assessment of quality of the bank loan portfolio

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    Tysyachna Yunna S.

    2014-01-01

    Full Text Available The goal of the article lies in the study of basic methodical approaches to assessment of the quality of the bank loan portfolio, identification of specific features of their practical application and justification of selection of the most appropriate for the modern economic conditions. The article considers three main groups of methods of assessment of the quality of the bank loan portfolio: expert evaluation methods and statistical and analytical methods. It goes without saying that in order to obtain an objective assessment of quality of the bank loan portfolio it is necessary to apply a complex approach, however, due to some advantages and shortcomings of the studied methods, the author marks expediency of building an integral indicator, taxonomic in particular, in order to obtain a complex, objective and efficient assessment of the bank loan portfolio. Prospects of further studies in this direction are assessment of the quality of the loan portfolio of the first group banks by the size of their assets through building integral taxonomic indicators and identification, on this basis, of factors that influence the quality of the loan portfolio with the aim of improvement of the mechanism of management of the bank lending activity.

  12. Economic hardship in childhood and adult health trajectories: An alternative approach to investigating life-course processes.

    Science.gov (United States)

    Shuey, Kim M; Willson, Andrea E

    2014-12-01

    In this study, we advance existing research on health as a life course process by conceptualizing and measuring both childhood disadvantage and health as dynamic processes in order to investigate the relationship between trajectories of early life socioeconomic conditions and trajectories of health in midlife. We utilize a trajectory-based analysis that takes a disaggregated, person-centered approach to understand dynamic trajectories of health as latent variables that reflect the timing, duration and change in health conditions experienced by respondents over a period of 10 years in midlife as a function of stability and change in exposure to economic hardship in early life. Results from repeated-measures latent class analysis of longitudinal data from the Panel Study of Income Dynamics indicate that economic hardship in childhood has long-term, negative consequences for health both among individuals beginning life and remaining in poverty as well as those moving into poverty. In contrast, adults with more advantaged early life experiences, or who moved out of poverty during the period of observation, were at a lower risk of experiencing health trajectories characterized by the early onset or increasing risk of disease. We argue that a person-centered, disaggregated approach to the study of the relationship between socioeconomic status and health across the life course holds potential for the study of health inequality and that a greater focus on trajectory-based analysis is needed.

  13. Detecting sincerity of effort: a summary of methods and approaches.

    Science.gov (United States)

    Lechner, D E; Bradbury, S F; Bradley, L A

    1998-08-01

    Despite the widespread use of methods that are supposed to detect the sincerity of patients' efforts in clinical assessment, little has been written summarizing the literature that addresses the reliability and validity of measurements obtained with these methods. The purpose of this article is to review the literature on the reliability and validity of scores for Waddell's nonorganic signs, descriptions of pain behavior and symptom magnification, coefficients of variation, correlations between musculoskeletal evaluation and function, grip measurements, and the relationship between heart rate and pain intensity. The authors of the articles reviewed conclude that none of these methods have been examined adequately. Some of these methods, such as Waddell's nonorganic signs, were not developed for the purpose of detecting sincerity of effort. Clinicians are encouraged to critically read the literature addressing these methods. With further research, some of the discussed methods may prove useful. Until such research is reported in the peer-reviewed literature, however, clinicians should avoid basing evaluation of sincerity of effort on these tests. Therapists are encouraged, instead, to use a biobehavioral approach to better understand and address the complex factors underlying delayed recovery.

  14. Fiscal Deficit, National Saving and Sustainability of Economic Growth in Emerging Economies: A Dynamic GMM Panel Data Approach

    Directory of Open Access Journals (Sweden)

    Buscemi Antonino

    2012-01-01

    Full Text Available The neoclassical growth models argued that the movement to steady states; technology, exogenous rate of savings, population growth and technical progress stimulate higher growth levels (Solow 1956. Contrary to the neoclassical argument, endogenous growth model argues that, in the theory of endogenous growth, government play a significant role in promoting accumulation of knowledge, research and development, public investment, human capital development, law and order can generate growth both in the short and long run. Moreover, they assumed technical progress as endogenous variable for growth (Barro 1995. This study analyze the effects of fiscal deficit on sustainability of economic growth and provided new empirical evidence on the effects of fiscal deficit on saving and sustainability of economic growth based on the assumption of endogenous growth model. We estimated using the reduced form of GMM method for dynamic panels covers 1990-2009 for three emerging countries that includes China, India and South Africa.

  15. Incorporating Music into the Economics Classroom: A Comparison of Two Teaching Methods

    Science.gov (United States)

    Huey, Jane Aw Yang

    2011-01-01

    There is always something mysterious about music as it affects us so powerfully. This paper looks at the role of music in enhancing students' understanding of economic concepts, such as money and inflation. Music lyrics were used as a source for teaching some economic concepts to a group of Office Management (OM) students. A quiz was given to test…

  16. Selection of Construction Methods: A Knowledge-Based Approach

    Directory of Open Access Journals (Sweden)

    Ximena Ferrada

    2013-01-01

    Full Text Available The appropriate selection of construction methods to be used during the execution of a construction project is a major determinant of high productivity, but sometimes this selection process is performed without the care and the systematic approach that it deserves, bringing negative consequences. This paper proposes a knowledge management approach that will enable the intelligent use of corporate experience and information and help to improve the selection of construction methods for a project. Then a knowledge-based system to support this decision-making process is proposed and described. To define and design the system, semistructured interviews were conducted within three construction companies with the purpose of studying the way that the method’ selection process is carried out in practice and the knowledge associated with it. A prototype of a Construction Methods Knowledge System (CMKS was developed and then validated with construction industry professionals. As a conclusion, the CMKS was perceived as a valuable tool for construction methods’ selection, by helping companies to generate a corporate memory on this issue, reducing the reliance on individual knowledge and also the subjectivity of the decision-making process. The described benefits as provided by the system favor a better performance of construction projects.

  17. Influencing Factors in Rural Cooperative Economic System in Changjitu Area——On the basis of DEMATEL Method

    Institute of Scientific and Technical Information of China (English)

    2011-01-01

    By using the DEMATEL method,the 20 factors in four types that affect the rural cooperative economic system of Changjitu Area are analyzed.The comprehensive influencing matrix of each factor,and its influencing degree,central degree and reason degree are obtained,which indicates that macro economic system,law and regulations,thought pattern,government concept have great functions on rural cooperative organization.But the system environment is the major factor that affects the development of cooperatives.So the perfection of macro-economic system,laws and regulations,regional developmental strategy,logistics system,land system,households registration system,education system,administration system should be conducted to promote the rural economic development of Changjitu Area.

  18. Comparison of marine spatial planning methods in Madagascar demonstrates value of alternative approaches.

    Science.gov (United States)

    Allnutt, Thomas F; McClanahan, Timothy R; Andréfouët, Serge; Baker, Merrill; Lagabrielle, Erwann; McClennen, Caleb; Rakotomanjaka, Andry J M; Tianarisoa, Tantely F; Watson, Reg; Kremen, Claire

    2012-01-01

    The Government of Madagascar plans to increase marine protected area coverage by over one million hectares. To assist this process, we compare four methods for marine spatial planning of Madagascar's west coast. Input data for each method was drawn from the same variables: fishing pressure, exposure to climate change, and biodiversity (habitats, species distributions, biological richness, and biodiversity value). The first method compares visual color classifications of primary variables, the second uses binary combinations of these variables to produce a categorical classification of management actions, the third is a target-based optimization using Marxan, and the fourth is conservation ranking with Zonation. We present results from each method, and compare the latter three approaches for spatial coverage, biodiversity representation, fishing cost and persistence probability. All results included large areas in the north, central, and southern parts of western Madagascar. Achieving 30% representation targets with Marxan required twice the fish catch loss than the categorical method. The categorical classification and Zonation do not consider targets for conservation features. However, when we reduced Marxan targets to 16.3%, matching the representation level of the "strict protection" class of the categorical result, the methods show similar catch losses. The management category portfolio has complete coverage, and presents several management recommendations including strict protection. Zonation produces rapid conservation rankings across large, diverse datasets. Marxan is useful for identifying strict protected areas that meet representation targets, and minimize exposure probabilities for conservation features at low economic cost. We show that methods based on Zonation and a simple combination of variables can produce results comparable to Marxan for species representation and catch losses, demonstrating the value of comparing alternative approaches during

  19. Comparison of marine spatial planning methods in Madagascar demonstrates value of alternative approaches.

    Directory of Open Access Journals (Sweden)

    Thomas F Allnutt

    Full Text Available The Government of Madagascar plans to increase marine protected area coverage by over one million hectares. To assist this process, we compare four methods for marine spatial planning of Madagascar's west coast. Input data for each method was drawn from the same variables: fishing pressure, exposure to climate change, and biodiversity (habitats, species distributions, biological richness, and biodiversity value. The first method compares visual color classifications of primary variables, the second uses binary combinations of these variables to produce a categorical classification of management actions, the third is a target-based optimization using Marxan, and the fourth is conservation ranking with Zonation. We present results from each method, and compare the latter three approaches for spatial coverage, biodiversity representation, fishing cost and persistence probability. All results included large areas in the north, central, and southern parts of western Madagascar. Achieving 30% representation targets with Marxan required twice the fish catch loss than the categorical method. The categorical classification and Zonation do not consider targets for conservation features. However, when we reduced Marxan targets to 16.3%, matching the representation level of the "strict protection" class of the categorical result, the methods show similar catch losses. The management category portfolio has complete coverage, and presents several management recommendations including strict protection. Zonation produces rapid conservation rankings across large, diverse datasets. Marxan is useful for identifying strict protected areas that meet representation targets, and minimize exposure probabilities for conservation features at low economic cost. We show that methods based on Zonation and a simple combination of variables can produce results comparable to Marxan for species representation and catch losses, demonstrating the value of comparing alternative

  20. Numerical method for dam break problem using Godunov approach

    Directory of Open Access Journals (Sweden)

    A. Kartono

    2013-03-01

    Full Text Available In this study a numerical scheme was developed in order to overcome the problem of shock wave for the test case of dam break. The numerical scheme was based on Godunov approach of finite volume method to solve the shallow water equation. In order to expedite and improve the solution an approximate Roe’s Riemann solver associated with Monotone Upstream-centred Scheme for Conservation Laws (MUSCL was applied. The results were presented in one and two dimensional and verifications were made with analytical solution. The results are comparable and a good agreement is achieved between numerical and analytical.

  1. Quantifying the impact of weather extremes on global food security: A spatial bio-economic approach

    Directory of Open Access Journals (Sweden)

    Sika Gbegbelegbe

    2014-08-01

    Full Text Available This study uses a spatial bio-economic modelling framework to estimate the impact of the 2012 weather extreme in the USA on food security in the developing world. The study also quantifies the potential effects of a similar weather extreme occurring in 2050 under climate change. The study results indicate that weather extremes that affect maize productivity in key grain baskets can negatively affect food security in vulnerable countries. The 2012 weather extreme which occurred in the USA reduced US and global maize production by 29% compared to trend; maize consumption in the country decreased by 5% only and this resulted in less surplus maize for exports from the largest maize exporter in the world. Global maize production decreased by 6% compared to trend. The decrease in global maize production coupled with a reduction in the volume of global maize exports worsened food insecurity in eastern Africa, the Caribbean and Central America and India. The effects of the weather extreme on global food security would be worse, if the latter were to occur under climate change in 2050, assuming no climate change adaptation worldwide over the years. In addition, the hardest-hit regions would remain the same, whether the weather extreme occurs in 2012 instead of 2050: Sub-Saharan Africa (SSA, South Asia and the Latin America and Caribbean (LAC region. However, sustained growth in per capita income across world economies between 2000 and 2050 would allow few countries in SSA and the LAC region to virtually eliminate hunger within their borders. In these countries, per capita income would be high enough by 2050 to completely offset the negative effect of the weather extreme. The study results are also consistent with USDA׳s estimates on US and global maize production and consumption in 2012 after the weather extreme. Some discrepancy is found on the volume of global maize trade; this implies that the bio-economic model likely overestimates the effect of the

  2. An Approach to Modeling Complex Socio-Economic Impacts and Responses to Climate Disruption

    Science.gov (United States)

    Pikas, C. K.; Nix, M.; Ihde, A. G.; Weiss, M.; Simpkins, S.; Fountain, G. H.; Paxton, L. J.

    2011-12-01

    In this paper we describe the application of a proven methodology for modeling the complex social and economic interactions of a system under stress to the issues that are arising and will arise from global climate disruption. There is a long history in the Defense community of using what are known as strategic simulations or "wargames" to model the complex interactions between the environment, people, resources, infrastructure and the economy in a competitive environment. We describe in this paper, work that we have done on understanding how this heritage can be repurposed to help us explore how the complex interplay between climate disruption and our socio/political and economic structures will affect our future. These strategic simulations would be done under the auspices of the GAIA project (http://gaia.jhuapl.edu). While these simulations cannot definitively predict what will happen, they do illuminate non-linear feedbacks between human choices and the environment. These simulations can be focused on the global, regional, or local environment and capture the various actors (governments, agencies, resources, industries, religious/political groups, etc.) that compete to achieve their particular goals. We note that these simulations are not "zero sum" games - there need not be a winner and a loser. They are, however, competitive influence games: they represent the tools that a nation, state, faction or group has at its disposal to influence policy (diplomacy), finances, industry (economy), infrastructure, information, etc to achieve their particular goals. In the simulation, humans play various roles and understand that not everyone shares the same definition of a successful or favorable outcome. Rigorous post-analysis is used to illuminate where decisions were made that enabled or prevented a particular outcome from occurring. In addition, the simulations allow us to investigate how effective "technology injects" can be in achieving a particular, desired end

  3. Economic optimization of natural hazard protection - conceptual study of existing approaches

    Science.gov (United States)

    Spackova, Olga; Straub, Daniel

    2013-04-01

    Risk-based planning of protection measures against natural hazards has become a common practice in many countries. The selection procedure aims at identifying an economically efficient strategy with regard to the estimated costs and risk (i.e. expected damage). A correct setting of the evaluation methodology and decision criteria should ensure an optimal selection of the portfolio of risk protection measures under a limited state budget. To demonstrate the efficiency of investments, indicators such as Benefit-Cost Ratio (BCR), Marginal Costs (MC) or Net Present Value (NPV) are commonly used. However, the methodologies for efficiency evaluation differ amongst different countries and different hazard types (floods, earthquakes etc.). Additionally, several inconsistencies can be found in the applications of the indicators in practice. This is likely to lead to a suboptimal selection of the protection strategies. This study provides a general formulation for optimization of the natural hazard protection measures from a socio-economic perspective. It assumes that all costs and risks can be expressed in monetary values. The study regards the problem as a discrete hierarchical optimization, where the state level sets the criteria and constraints, while the actual optimization is made on the regional level (towns, catchments) when designing particular protection measures and selecting the optimal protection level. The study shows that in case of an unlimited budget, the task is quite trivial, as it is sufficient to optimize the protection measures in individual regions independently (by minimizing the sum of risk and cost). However, if the budget is limited, the need for an optimal allocation of resources amongst the regions arises. To ensure this, minimum values of BCR or MC can be required by the state, which must be achieved in each region. The study investigates the meaning of these indicators in the optimization task at the conceptual level and compares their

  4. A review on numerous modeling approaches for effective, economical and ecological treatment wetlands.

    Science.gov (United States)

    Kumar, J L G; Zhao, Y Q

    2011-03-01

    Constructed wetlands (CWs) for wastewater treatment have evolved substantially over the last decades and have been recognized as an effective means of "green technology" for wastewater treatment. This paper reviews the numerous modeling approaches ranging from simple first-order models to more complex dynamic models of treatment behaviour in CWs. The main objective of the modeling work is to better understand the process in CWs and optimize design criteria. A brief study in this review discusses the efforts taken to describe the process-based model for the efficient removal of pollutants in CWs. Obtaining better insights is essential to understand the hydraulic and biochemical processes in CWs. Currently, employed modeling approaches can be seen in two categories, i.e. "black-box models" and "process-based models". It is evident that future development in wetland technology will depend on improved scientific knowledge of internal treatment mechanisms.

  5. A Study on the Teaching Methods of Western Economics in China%我国高校西方经济学教学方法新论

    Institute of Scientific and Technical Information of China (English)

    樊士德

    2012-01-01

    With the internationalization and popularization of higher education in China, the role of teachers and students have also changed. These call for the change of teaching methods of Western Economics. Empathy approach, critical and innovative approach, research-teaching method, systematic approach, heuristic approach, interest-oriented method, and experimental teaching method may ttltimately improve the teaching methods and effectiveness.%在中国高等教育国际化与大众化趋势日益明显的新形势下,高等教育的参与主体即教师与学生也出现了新变化,这对西方经济学的教学方法提出了新的要求。换位思考教学法、批判与创新式教学法、研究式教学法、体系式教学法、启发式教学法、兴趣式教学法、实验教学法等对改进西方经济学课程教学方法和提升教学效果可能会有所裨益。

  6. METHOD OF DETERMINING ECONOMICAL EFFICIENCY OF HOUSING STOCK RECONSTRUCTION IN A CITY

    Directory of Open Access Journals (Sweden)

    Petreneva Ol’ga Vladimirovna

    2016-03-01

    Full Text Available RECONSTRUCTION IN A CITY The demand in comfortable housing has always been very high. The building density is not the same in different regions and sometimes there is no land for new housing construction, especially in the central regions of cities. Moreover, in many cities cultural and historical centers remain, which create the historical appearance of the city, that’s why new construction is impossible in these regions. Though taking into account the depreciation and obsolescence, the operation life of many buildings come to an end, they fall into disrepair. In these cases there arises a question on the reconstruction of the existing residential, public and industrial buildings. The aim of the reconstruction is bringing the existing worn-out building stock into correspondence with technical, social and sanitary requirements and living standards and conditions. The authors consider the currency and reasons for reconstruction of residential buildings. They attempt to answer the question, what is more economical efficient: new construction or reconstruction of residential buildings. The article offers a method to calculate the efficiency of residential buildings reconstruction.

  7. Economic methods for valuing the outcomes of genetic testing: beyond cost-effectiveness analysis.

    Science.gov (United States)

    Grosse, Scott D; Wordsworth, Sarah; Payne, Katherine

    2008-09-01

    Genetic testing in health care can provide information to help with disease prediction, diagnosis, prognosis, and treatment. Assessing the clinical utility of genetic testing requires a process to value and weight different outcomes. This article discusses the relative merits of different economic measures and methods to inform recommendations relative to genetic testing for risk of disease, including cost-effectiveness analysis and cost-benefit analysis. Cost-effectiveness analyses refer to analyses that calculate the incremental cost per unit of health outcomes, such as deaths prevented or life-years saved because of some intervention. Cost-effectiveness analyses that use preference-based measures of health state utility such as quality-adjusted life-years to define outcomes are referred to as cost-utility analyses. Cost-effectiveness analyses presume that health policy decision makers seek to maximize health subject to resource constraints. Cost-benefit analyses can incorporate monetary estimates of willingness-to-pay for genetic testing, including the perceived value of information independent of health outcomes. These estimates can be derived from contingent valuation or discrete choice experiments. Because important outcomes of genetic testing do not fit easily within traditional measures of health, cost-effectiveness analyses do not necessarily capture the full range of outcomes of genetic testing that are important to decision makers and consumers. We recommend that health policy decision makers consider the value to consumers of information and other nonhealth attributes of genetic testing strategies.

  8. A formative multi-method approach to evaluating training.

    Science.gov (United States)

    Hayes, Holly; Scott, Victoria; Abraczinskas, Michelle; Scaccia, Jonathan; Stout, Soma; Wandersman, Abraham

    2016-10-01

    This article describes how we used a formative multi-method evaluation approach to gather real-time information about the processes of a complex, multi-day training with 24 community coalitions in the United States. The evaluation team used seven distinct, evaluation strategies to obtain evaluation data from the first Community Health Improvement Leadership Academy (CHILA) within a three-prong framework (inquiry, observation, and reflection). These methods included: comprehensive survey, rapid feedback form, learning wall, observational form, team debrief, social network analysis and critical moments reflection. The seven distinct methods allowed for both real time quality improvement during the CHILA and long term planning for the next CHILA. The methods also gave a comprehensive picture of the CHILA, which when synthesized allowed the evaluation team to assess the effectiveness of a training designed to tap into natural community strengths and accelerate health improvement. We hope that these formative evaluation methods can continue to be refined and used by others to evaluate training.

  9. An economic approach to fabricate photo sensor based on nanostructured ZnO thin films

    Science.gov (United States)

    Huse, Nanasaheb; Upadhye, Deepak; Sharma, Ramphal

    2016-05-01

    Nanostructural ZnO Thin Films have been synthesized by simple and economic Chemical Bath Deposition technique onto glass substrate with bath temperature at 60°C for 1 hour. Structural, Optical, Electrical and topographical properties of the prepared Thin Films were investigated by GIXRD, I-V Measurement System, UV-Visible Spectrophotometer and AFM respectively. Calculated lattice parameters are in good agreement with the standard JCPDS card (36-1451) values, exhibits Hexagonal Wurtzite crystal structure. I-V Measurement curve has shown ohmic nature in dark condition and responds to light illumination which reveals Photo sensor properties. After illumination of 60W light, decrease in resistance was observed from 110.9 KΩ to 104.4 KΩ. The change in current and calculated Photo sensitivity was found to be 3.51 µA and 6.3% respectively. Optical band gap was found to be 3.24 eV. AFM images revealed uniform deposition over entire glass substrate with 32.27 nm average roughness of the film.

  10. Physicists' approach to studying socio-economic inequalities: Can humans be modelled as atoms?

    CERN Document Server

    Sharma, Kiran

    2016-01-01

    A brief overview of the models and data analyses of income, wealth, consumption distributions by the physicists, are presented here. It has been found empirically that the distributions of income and wealth possess fairly robust features, like the bulk of both the income and wealth distributions seem to reasonably fit both the log-normal and Gamma distributions, while the tail of the distribution fits well to a power law (as first observed by sociologist Pareto). We also present our recent studies of the unit-level expenditure on consumption across multiple countries and multiple years, where it was found that there exist invariant features of consumption distribution: the bulk is log-normally distributed, followed by a power law tail at the limit. The mechanisms leading to such inequalities and invariant features for the distributions of socio-economic variables are not well-understood. We also present some simple models from physics and demonstrate how they can be used to explain some of these findings and ...

  11. Nonmedical economic consequences attributable to visual impairment: a nation-wide approach in France.

    Science.gov (United States)

    Lafuma, Antoine; Brezin, Antoine; Fagnani, Francis; Mimaud, Viviane; Mesbah, Mounir; Berdeaux, Gilles

    2006-09-01

    The nonmedical costs of visual impairment are crucial when allocating resources for prevention or treatment programs. Were analyzed the data from two representative nationwide French surveys aimed at documenting impairments that included 14,603 subjects living in institutions and 16,945 in the community. Three groups were identified: blind (light perception), low vision (loss of shape perception, LV), and controls. Item consumption was standardized on confounding factors using logistic regression. Costs attributable to visual impairment were estimated from control subjects. National nonmedical costs due to visual impairment were euro 9,806 million, arising mostly from LV (euro 8,735 million). The annual average cost/subject was euro 7,242 for LV and euro 15,679 for blindness. Loss of family income was euro 4,552 million, the burden on the caregiver euro 2,525 million, paid assistance euro 2,025 million, social allowances euro 0,942 million, and unmet needs euro 5,553 million. Resource allocation strategies aimed at controlling visual impairment should cover all relevant economic dimensions, including nonmedical items.

  12. Investigating the buyer-seller relationships in the economic recession: A qualitative approach

    Directory of Open Access Journals (Sweden)

    Irene Samanta

    2016-05-01

    Full Text Available 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 adopt an innovation culture and redefine  their relationships with their partners from the e-marketing point of view in order to survive in the rapidly changing environment. The results of this research are used to assist the author in the future  to examine a larger sample of B2B firms in order to validate the intention of companies to move from the traditional environment and to establish e-relationships in an e-business context.

  13. Advanced Economic Analysis

    Science.gov (United States)

    Greenberg, Marc W.; Laing, William

    2013-01-01

    An Economic Analysis (EA) is a systematic approach to the problem of choosing the best method of allocating scarce resources to achieve a given objective. An EA helps guide decisions on the "worth" of pursuing an action that departs from status quo ... an EA is the crux of decision-support.

  14. The Identification of Potential Resilient Estuary-based Enterprises to Encourage Economic Empowerment in South Africa: a Toolkit Approach

    Directory of Open Access Journals (Sweden)

    Myles Mander

    2012-09-01

    Full Text Available It has been argued that ecosystem services can be used as the foundation to provide economic opportunities to empower the disadvantaged. The Ecosystem Services Framework (ESF approach for poverty alleviation, which balances resource conservation and human resource use, has received much attention in the literature. However, few projects have successfully achieved both conservation and economic objectives. This is partly due to there being a hiatus between theory and practice, due to the absence of tools that help make the transition between conceptual frameworks and theory, to practical integration of ecosystem services into decision making. To address this hiatus, an existing conceptual framework for analyzing the robustness of social-ecological systems was translated into a practical toolkit to help understand the complexity of social-ecological systems (SES. The toolkit can be used by a diversity of stakeholders as a decision making aid for assessing ecosystem services supply and demand and associated enterprise opportunities. The toolkit is participatory and combines both a generic "top-down" scientific approach with a case-specific "bottom-up" approach. It promotes a shared understanding of the utilization of ecosystem services, which is the foundation of identifying resilient enterprises. The toolkit comprises four steps: (i ecosystem services supply and demand assessment; (ii roles identification; (iii enterprise opportunity identification; and (vi enterprise risk assessment, and was tested at two estuary study sites. Implementation of the toolkit requires the populating of preprogrammed Excel worksheets through the holding of workshops that are attended by stakeholders associated with the ecosystems. It was concluded that for an enterprise to be resilient, it must be resilient at an external SES level,which the toolkit addresses, and at an internal business functioning level, e.g., social dynamics among personnel, skills, and literacy

  15. Quantifying fluctuations in economic systems by adapting methods of statistical physics

    Science.gov (United States)

    Stanley, H. E.; Gopikrishnan, P.; Plerou, V.; Amaral, L. A. N.

    2000-12-01

    The emerging subfield of econophysics explores the degree to which certain concepts and methods from statistical physics can be appropriately modified and adapted to provide new insights into questions that have been the focus of interest in the economics community. Here we give a brief overview of two examples of research topics that are receiving recent attention. A first topic is the characterization of the dynamics of stock price fluctuations. For example, we investigate the relation between trading activity - measured by the number of transactions NΔ t - and the price change GΔ t for a given stock, over a time interval [t, t+ Δt] . We relate the time-dependent standard deviation of price fluctuations - volatility - to two microscopic quantities: the number of transactions NΔ t in Δ t and the variance WΔ t2 of the price changes for all transactions in Δ t. Our work indicates that while the pronounced tails in the distribution of price fluctuations arise from WΔ t, the long-range correlations found in ∣ GΔ t∣ are largely due to NΔ t. We also investigate the relation between price fluctuations and the number of shares QΔ t traded in Δ t. We find that the distribution of QΔ t is consistent with a stable Lévy distribution, suggesting a Lévy scaling relationship between QΔ t and NΔ t, which would provide one explanation for volume-volatility co-movement. A second topic concerns cross-correlations between the price fluctuations of different stocks. We adapt a conceptual framework, random matrix theory (RMT), first used in physics to interpret statistical properties of nuclear energy spectra. RMT makes predictions for the statistical properties of matrices that are universal, that is, do not depend on the interactions between the elements comprising the system. In physics systems, deviations from the predictions of RMT provide clues regarding the mechanisms controlling the dynamics of a given system, so this framework can be of potential value if

  16. The regional approach and regional studies method in the process of geography teaching

    Science.gov (United States)

    Dermendzhieva, Stela; Doikov, Martin

    2017-03-01

    We define the regional approach as a manner of relations among the global trends of development of the "Society-man-nature" system and the local differentiating level of knowledge. Conditionally, interactions interlace under the influence of the character of Geography as a science, education, approaches, goals and teaching methods. Global, national and local development differentiates in three concentric circles at the level of knowledge. It is determined as a conception of modern, complex and effective mechanism for young people, through which knowledge develops in regional historical and cultural perspective; self-consciousness for socio-economic and cultural integration is formed as a part of the. historical-geographical image of the native land. This way an attitude to the. native land is formed as a connecting construct between patriotism to the motherland and the same in global aspect. The possibility for integration and cooperation of the educative geographical content with all the local historical-geographical, regional, profession orientating, artistic, municipal and district institutions, is outlined. Contemporary geographical education appears to be a powerful and indispensable mechanism for organization of human sciences, while the regional approach and the application of the regional studies method stimulate and motivate the development and realization of optimal capacities for direct connection with the local structures and environments.

  17. The normative method of positive economic theory El método normativo de la teoria económica positiva

    Directory of Open Access Journals (Sweden)

    Benetti Carlo

    1997-06-01

    Full Text Available Economists tend to designate as normative economics that part of the theory which, according to the theorems of welfare or efficiency, create the foundation of political economy. This article defends two theses: first, that the normative is not only a part of economic theory, but also the method of building the positive economic ideas in the currently dominant neoclassical theory. This method allows that theory to claim to unify economic thought, eliminating the possibility and the necessity for alternative approaches. Nevertheless, and this is the second thesis, there are no legitimate theoretical reasons to accept this methnodology; thus it is impera tive to build a new basic theory.Los economistas suelen designar como economía normativa aquella parte de la teoría que, de acuerdo con los teoremas de bienestar o de la eficiencia, crea el fundamento de la política económica. Este artículo defiende dos tesis: primera, que lo normativo no sólo es una parte de la teoría económica sino, también, el método de construcción de las ideas economicas positivas de la teoría neoclásica hoy dominante. Este método permite que esta teoría pretenda unificar el pensamiento económico eliminando la posiilidad y la necesidad de enfoques alternativos. Sin embargo, y ésta la segunda tesis, no hay razones teóricas legítimas para aceptar esa metodología; de modo que es imperioso construir una nueva teoría básica.

  18. Transformation of theoretical-methodological approaches and methodical tools of the individual and territory welfare diagnostics. Part 1. From spreading to the alternative diagnostics approaches (background

    Directory of Open Access Journals (Sweden)

    Aleksandr Anatolyevich Kuklin

    2014-09-01

    Full Text Available This article presents an evolution of theoretical and methodological approaches to the welfare study. Existing theories of wellbeing are grouped according to accounted method of goods and resources distribution among society members. As a welfare future as a category we highlight objective (measured and subjective (estimated components. Based on the analysis of scientific literature we determine the ratio of individual and social welfare. The main differences between the categories of “ welfare” and “wealth” are given. The main difference consists in multidirectional changes of welfare and wealth for an increase (decrease in income of the individual (country. In this article we present an analysis of modern approaches to the definition of welfare: state, institutional and expendable approach. The welfare level estimation is complicated due to the need to consider the subjective component. The article provides an analysis of existing approaches to quantitative welfare evaluation ranging from the most common techniques (HDI, GDP to alternative techniques (Happy Planet Index.Methodological devices are structured by levels of welfare assessment objects (world, country, region, people. Based on the analysis of the advantages and disadvantages of methods we can conclude that the most reliable method is a comprehensive approach, which includes economic, environmental, social, vital and infrastructure indicators. The author’s approach to the formation of a complex methodological tool for individual and territory welfare estimation is presented in this article.

  19. Upstream petroleum licensing: a comparative approach on regulatory frameworks and economic impacts

    Energy Technology Data Exchange (ETDEWEB)

    Cunha, Amanda L. [Felsberg e Associados, Sao Paulo, SP (Brazil)

    2008-07-01

    The recent discoveries hit in the pre-salt area, such as Tupi, Jupiter, Bem-te-vi and Carioca may place Brazil amongst the largest oil producers in the world. As a result, the Brazilian regulatory framework, which was originally envisaged in a scenario of higher exploration risk, has been under heavy public scrutiny. The Brazilian Government has already taken the first steps towards substantial changes in the country's contracting model for upstream activities. By means of Resolution No. 6/2007, the National Council for Energy Policy ('CNPE') not only determined the removal of 41 blocks with sub-salt geology from the ANP 9 Th Bid Round, but also stressed the need for a different regime for E and P activities in the country's continental shelf. At this moment, there is a great deal of controversy on the contracting model to be adopted, mainly whether the concession model should be maintained, but subject to higher levels of government take, or a production sharing model should apply. This paper goes through the evolution of international oil agreements, from early concessions to modern agreements. A special emphasis is placed on concession/license regimes as well as on production sharing agreements (PSAs). Besides drawing a comparative line between such models, this article assesses their economic impacts and whether the regulatory framework currently in force in Brazil is suitable for a scenario of lower risk, showing that any desired level of regulation may be achieved in the context of a PSA as easily as in a exclusive concession. (author)

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

    Science.gov (United States)

    Halsnæs, Kirsten; Trærup, Sara

    2009-05-01

    The paper introduces the so-called climate change mainstreaming approach, where vulnerability and adaptation measures are assessed in the context of general development policy objectives. The approach is based on the application of a limited set of indicators. These indicators are selected as 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 how development policy indicators in practice can be used to assess climate change impacts and adaptation measures based on three case studies, namely a road project in flood prone areas of Mozambique, rainwater harvesting in the agricultural sector in Tanzania and malaria protection in Tanzania. The conclusions of the paper confirm that climate risks can be reduced at relatively low costs, but the uncertainty is still remaining about some of the wider development impacts of implementing climate change adaptation measures.

  1. Optimal Decision-Making in Fuzzy Economic Order Quantity (EOQ Model under Restricted Space: A Non-Linear Programming Approach

    Directory of Open Access Journals (Sweden)

    M. Pattnaik

    2013-08-01

    Full Text Available In this paper the concept of fuzzy Non-Linear Programming Technique is applied to solve an economic order quantity (EOQ model under restricted space. Since various types of uncertainties and imprecision are inherent in real inventory problems they are classically modeled using the approaches from the probability theory. However, there are uncertainties that cannot be appropriately treated by usual probabilistic models. The questions how to define inventory optimization tasks in such environment how to interpret optimal solutions arise. This paper allows the modification of the Single item EOQ model in presence of fuzzy decision making process where demand is related to the unit price and the setup cost varies with the quantity produced/Purchased. This paper considers the modification of objective function and storage area in the presence of imprecisely estimated parameters. The model is developed for the problem by employing different modeling approaches over an infinite planning horizon. It incorporates all concepts of a fuzzy arithmetic approach, the quantity ordered and the demand per unit compares both fuzzy non linear and other models. Investigation of the properties of an optimal solution allows developing an algorithm whose validity is illustrated through an example problem and ugh MATLAB (R2009a version software, the two and three dimensional diagrams are represented to the application. Sensitivity analysis of the optimal solution is also studied with respect to changes in different parameter values and to draw managerial insights of the decision problem.

  2. The Role of Economic Uncertainty on the Block Economic Value - a New Valuation Approach / Rola Czynnika Niepewności Przy Obliczaniu Wskaźnika Rentowności - Nowe Podejście

    Science.gov (United States)

    Dehghani, H.; Ataee-Pour, M.

    2012-12-01

    The block economic value (EV) is one of the most important parameters in mine evaluation. This parameter can affect significant factors such as mining sequence, final pit limit and net present value. Nowadays, the aim of open pit mine planning is to define optimum pit limits and an optimum life of mine production scheduling that maximizes the pit value under some technical and operational constraints. Therefore, it is necessary to calculate the block economic value at the first stage of the mine planning process, correctly. Unrealistic block economic value estimation may cause the mining project managers to make the wrong decision and thus may impose inexpiable losses to the project. The effective parameters such as metal price, operating cost, grade and so forth are always assumed certain in the conventional methods of EV calculation. While, obviously, these parameters have uncertain nature. Therefore, usually, the conventional methods results are far from reality. In order to solve this problem, a new technique is used base on an invented binomial tree which is developed in this research. This method can calculate the EV and project PV under economic uncertainty. In this paper, the EV and project PV were initially determined using Whittle formula based on certain economic parameters and a multivariate binomial tree based on the economic uncertainties such as the metal price and cost uncertainties. Finally the results were compared. It is concluded that applying the metal price and cost uncertainties causes the calculated block economic value and net present value to be more realistic than certain conditions.

  3. A Stochastic Flows Approach for Asset Allocation with Hidden Economic Environment

    Directory of Open Access Journals (Sweden)

    Tak Kuen Siu

    2015-01-01

    Full Text Available An optimal asset allocation problem for a quite general class of utility functions is discussed in a simple two-state Markovian regime-switching model, where the appreciation rate of a risky share changes over time according to the state of a hidden economy. As usual, standard filtering theory is used to transform a financial model with hidden information into one with complete information, where a martingale approach is applied to discuss the optimal asset allocation problem. Using a martingale representation coupled with stochastic flows of diffeomorphisms for the filtering equation, the integrand in the martingale representation is identified which gives rise to an optimal portfolio strategy under some differentiability conditions.

  4. ON THE INFLUENCE OF CLIMATE AND SOCIO-ECONOMIC CONDITION TO THE DENGUE INCIDENCES: A SEMIPARAMETRIC PANEL REGRESSION APPROACH

    Directory of Open Access Journals (Sweden)

    Mutiah Salamah

    2012-01-01

    Full Text Available Dengue is one of the most dangerous diseases in the worlds. In particularly in East Java province Indonesia, dengue has been identified as one of the major causes of death. Hence, it is important to investigate the factors that induce the number of dengue incidences in this region. This study examines climate and socio-economic conditions, which are assumed to influence the number of dengue in the examined region. The semiparametric panel regression approach has been applied and the results are compared with the standard panel regression. In this case, the socio-economic condition is treated parametrically while climate effect is modeled nonparametrically. The analysis showed that the number of dengue incidences is significantly influenced by the income per-capita and the number of inhabitant below 15 years. Furthermore, the dengue incidence is optimum under rainfall of 1500 to 3670 mm, temperature of 22 to 27 degree and humidity of 82 to 87%. The elasticity allows us to identify the most responsive and most irresponsive district towards the changes of climate variable. The study shows that Surabaya is the most responsive district with respect to the change of climate variables.

  5. A Comprehensive Estimation of the Economic Effects of Meteorological Services Based on the Input-Output Method

    Directory of Open Access Journals (Sweden)

    Xianhua Wu

    2014-01-01

    Full Text Available Concentrating on consuming coefficient, partition coefficient, and Leontief inverse matrix, relevant concepts and algorithms are developed for estimating the impact of meteorological services including the associated (indirect, complete economic effect. Subsequently, quantitative estimations are particularly obtained for the meteorological services in Jiangxi province by utilizing the input-output method. It is found that the economic effects are noticeably rescued by the preventive strategies developed from both the meteorological information and internal relevance (interdependency in the industrial economic system. Another finding is that the ratio range of input in the complete economic effect on meteorological services is about 1 : 108.27–1 : 183.06, remarkably different from a previous estimation based on the Delphi method (1 : 30–1 : 51. Particularly, economic effects of meteorological services are higher for nontraditional users of manufacturing, wholesale and retail trades, services sector, tourism and culture, and art and lower for traditional users of agriculture, forestry, livestock, fishery, and construction industries.

  6. Optimisation of Economic Order Quantity Using Neural Networks Approach = Yapay Sinir Ağları Yaklaşımı ile Ekonomik Düzenin Optimizasyonu

    Directory of Open Access Journals (Sweden)

    Osman Nuri UÇAN

    2001-01-01

    Full Text Available In this paper, a Back Propagation-Artificial Neural Network (BP-ANN has been adapted for predicting the required car parts quantities in a real and major auto parts supplier chain. The conventional approach to determine the parts requirements is the Economic Order Quantity (EOQ method. The ability of neural models to learn, particularly their capability of handling large amounts of data simultaneously as well as their fast response time, are the characteristics desired for predictive and forecasting purposes. Here, the actual data obtained from a major auto parts supplier chain, involving a multi-layer system of supplying auto parts to car dealers, have been used to optimise and develop a BP-ANN model. The model has shown promising results in predicting parts orders with high degree of accuracy.

  7. On the economical solution method for a system of linear algebraic equations

    Directory of Open Access Journals (Sweden)

    Jan Awrejcewicz

    2004-01-01

    Full Text Available The present work proposes a novel optimal and exact method of solving large systems of linear algebraic equations. In the approach under consideration, the solution of a system of algebraic linear equations is found as a point of intersection of hyperplanes, which needs a minimal amount of computer operating storage. Two examples are given. In the first example, the boundary value problem for a three-dimensional stationary heat transfer equation in a parallelepiped in ℝ3 is considered, where boundary value problems of first, second, or third order, or their combinations, are taken into account. The governing differential equations are reduced to algebraic ones with the help of the finite element and boundary element methods for different meshes applied. The obtained results are compared with known analytical solutions. The second example concerns computation of a nonhomogeneous shallow physically and geometrically nonlinear shell subject to transversal uniformly distributed load. The partial differential equations are reduced to a system of nonlinear algebraic equations with the error of O(hx12+hx22. The linearization process is realized through either Newton method or differentiation with respect to a parameter. In consequence, the relations of the boundary condition variations along the shell side and the conditions for the solution matching are reported.

  8. A Riccati Based Homogeneous and Self-Dual Interior-Point Method for Linear Economic Model Predictive Control

    DEFF Research Database (Denmark)

    Sokoler, Leo Emil; Frison, Gianluca; Edlund, Kristian;

    2013-01-01

    In this paper, we develop an efficient interior-point method (IPM) for the linear programs arising in economic model predictive control of linear systems. The novelty of our algorithm is that it combines a homogeneous and self-dual model, and a specialized Riccati iteration procedure. We test...

  9. New Approach for Error Reduction in the Volume Penalization Method

    CERN Document Server

    Iwakami-Nakano, Wakana; Hatakeyama, Nozomu; Hattori, Yuji

    2012-01-01

    The volume penalization method offers an efficient way to numerically simulate flows around complex-shaped bodies which move and/or deform in general. In this method a penalization term which has permeability eta and a mask function is added to a governing equation as a forcing term in order to impose different dynamics in solid and fluid regions. In this paper we investigate the accuracy of the volume penalization method in detail. We choose the one-dimensional Burgers' equation as a governing equation since it enables us extensive study and it has a nonlinear term similar to the Navier-Stokes equations. It is confirmed that the error which consists of the discretization/truncation error, the penalization error, the round-off error, and others has the same features as those in previous results when we use the standard definition of the mask function. As the number of grid points increases, the error converges to a non-zero constant which is equal to the penalization error. We propose a new approach for reduc...

  10. Electrostatic discharge current linear approach and circuit design method

    Energy Technology Data Exchange (ETDEWEB)

    Katsivelis, P. K.; Fotis, G. P.; Gonos, I. F.; Koussiouris, T. G.; Stathopulos, I. A. [School of Electrical and Computer Engineering, National Technical University of Athens, 9 Iroon Polytechniou Str., Zographou 157 80, Athens (Greece)

    2010-11-15

    The electrostatic discharge (ESD) phenomenon is a great threat to all electronic devices and ICs. An electric charge passing rapidly from a charged body to another can seriously harm the last one. However, there is a lack in a linear mathematical approach which will make it possible to design a circuit capable of producing such a sophisticated current waveform. The commonly accepted electrostatic discharge current waveform is the one set by the IEC 61000-4-2. However, the over-simplified circuit included in the same standard is incapable of producing such a waveform. Treating the electrostatic discharge current waveform of the IEC 61000-4-2 as reference, an approximation method, based on Prony's method, is developed and applied in order to obtain a linear system's response. Considering a known input, a method to design a circuit, able to generate this ESD current waveform in presented. The circuit synthesis assumes ideal active elements. A simulation is carried out using the PSpice software. (authors)

  11. A simple, physically-based method for evaluating the economic costs of geo-engineering schemes

    Science.gov (United States)

    Garrett, T. J.

    2009-04-01

    The consumption of primary energy (e.g coal, oil, uranium) by the global economy is done in expectation of a return on investment. For geo-engineering schemes, however, the relationship between the primary energy consumption required and the economic return is, at first glance, quite different. The energy costs of a given scheme represent a removal of economically productive available energy to do work in the normal global economy. What are the economic implications of the energy consumption associated with geo-engineering techniques? I will present a simple thermodynamic argument that, in general, real (inflation-adjusted) economic value has a fixed relationship to the rate of global primary energy consumption. This hypothesis will be shown to be supported by 36 years of available energy statistics and a two millennia period of statistics for global economic production. What is found from this analysis is that the value in any given inflation-adjusted 1990 dollar is sustained by a constant 9.7 +/- 0.3 milliwatts of global primary energy consumption. Thus, insofar as geo-engineering is concerned, any scheme that requires some nominal fraction of continuous global primary energy output necessitates a corresponding inflationary loss of real global economic value. For example, if 1% of global energy output is required, at today's consumption rates of 15 TW this corresponds to an inflationary loss of 15 trillion 1990 dollars of real value. The loss will be less, however, if the geo-engineering scheme also enables a demonstrable enhancement to global economic production capacity through climate modification.

  12. An Adaptive Multiscale Approach for Electronic Structure Methods

    CERN Document Server

    Chinnamsetty, Sambasiva Rao; Hamaekers, Jan

    2016-01-01

    In this paper, we introduce a new scheme for the efficient numerical treatment of the electronic Schr\\"odinger equation for molecules. It is based on the combination of a many-body expansion, which corresponds to the so-called bond order dissection Anova approach, with a hierarchy of basis sets of increasing order. Here, the energy is represented as a finite sum of contributions associated to subsets of nuclei and basis sets in a telescoping sum like fashion. Under the assumption of data locality of the electronic density (nearsightedness of electronic matter), the terms of this expansion decay rapidly and higher terms may be neglected. We further extend the approach in a dimension-adaptive fashion to generate quasi-optimal approximations, i.e. a specific truncation of the hierarchical series such that the total benefit is maximized for a fixed amount of costs. This way, we are able to achieve substantial speed up factors compared to conventional first principles methods depending on the molecular system unde...

  13. Economical and environmentally-friendly approaches for usage of onion (Allium cepa L.) waste.

    Science.gov (United States)

    Sharma, Kavita; Mahato, Neelima; Nile, Shivraj Hariram; Lee, Eul Tal; Lee, Yong Rok

    2016-08-10

    Onion (Allium cepa L.) is one of the most commonly cultivated crops across the globe, and its production is increasing every year due to increasing consumer demand. Simultaneously, huge amounts of waste are produced from different parts of the onion, which ultimately affect the environment in various ways. Hence, proper usage as well as disposal of this waste is important from the environmental aspect. This review summarizes various usage methods of onion waste material, and processes involved to achieve maximum benefits. Processing industries produce the largest amount of onion waste. Other sources are storage systems, domestic usage and cultivation fields. Particular emphasis has been given to the methods used for better extraction and usage of onion waste under specific topics: viz. organic synthesis, production of biogas, absorbent for pollutants and value added products.

  14. Methodical approach to financial stimulation of logistics managers

    Directory of Open Access Journals (Sweden)

    Melnykova Kateryna V.

    2014-01-01

    Full Text Available The article offers a methodical approach to financial stimulation of logistics managers, which allows calculation of the incentive amount with consideration of profit obtained from introduction of optimisation logistics solutions. The author generalises measures, which would allow increase of stimulation of labour of logistics managers by the enterprise top managers. The article marks out motivation factors, which exert influence upon relation of logistics managers to execution of optimisation logistical solutions, which minimise logistical costs. The author builds a scale of financial encouragement for introduction of optimisation logistical solutions proposed by logistics managers. This scale is basic for functioning of the encouragement system and influences the increase of efficiency of logistics managers operation and also optimisation of enterprise logistical solutions.

  15. Mapping the Generator Coordinate Method to the Coupled Cluster Approach

    CERN Document Server

    Stuber, Jason L

    2015-01-01

    The generator coordinate method (GCM) casts the wavefunction as an integral over a weighted set of non-orthogonal single determinantal states. In principle this representation can be used like the configuration interaction (CI) or shell model to systematically improve the approximate wavefunction towards an exact solution. In practice applications have generally been limited to systems with less than three degrees of freedom. This bottleneck is directly linked to the exponential computational expense associated with the numerical projection of broken symmetry Hartree-Fock (HF) or Hartree-Fock-Bogoliubov (HFB) wavefunctions and to the use of a variational rather than a bi-variational expression for the energy. We circumvent these issues by choosing a hole-particle representation for the generator and applying algebraic symmetry projection, via the use of tensor operators and the invariant mean (operator average). The resulting GCM formulation can be mapped directly to the coupled cluster (CC) approach, leading...

  16. Value Concept and Economic Growth Model

    Directory of Open Access Journals (Sweden)

    Truong Hong Trinh

    2014-12-01

    Full Text Available This paper approaches the value added method for Gross Domestic Product (GDP measurement that explains the interrelationship between the expenditure approach and the income approach. The economic growth model is also proposed with three key elements of capital accumulation, technological innovation, and institutional reform. Although capital accumulation and technological innovation are two integrated elements in driving economic growth, institutional reforms play a key role in creating incentives that effect the transitional and steady state growth rate in the real world economy. The paper provides a theoretical insight on economic growth to understand incentives and driving forces in economic growth model.

  17. Functional distribution of income and economic activity in Croatia: Post-Keynesian approach

    Directory of Open Access Journals (Sweden)

    Boris Vujčić

    2014-06-01

    Full Text Available The aim of this paper is to quantify the effects of changes in functional income distribution on selected macroeconomic variables in Croatia in period from 2000-2012. We use structural VAR approach with identification scheme based on a priori restrictions that are derived from theoretical framework of Post-Keynesian macroeconomic model. Our main hypothesis, which is confirmed in the empirical analysis, is that the accumulation of capital in Croatia was primarily determined by income from labor, i.e. that Croatia had wage-led accumulation. We also found that labor market dynamics was dominantly influenced by demand side shocks and that positive effects of the rise in exports, resulting from the gain in competitiveness (after reducing wage share in income outweigh negative effects of weaker demand on the capacity utilization. So in our opinion export share increase should become policy priority, as domestic demand is currently constrained by high private and public debt levels. To the extent that increase in exports might require decline in the relative share of labor, negative impact on the investments in non-tradable sector would need to be offset with higher investments in tradable sector of Croatian economy.

  18. The British Position towards European Integration: A Different Economic and Political Approach

    Directory of Open Access Journals (Sweden)

    Troitiño David Ramiro

    2014-06-01

    Full Text Available The United Kingdom has had an important position in Europe for centuries. Often it is seen as an anti-European country, or as being anti-integration in Europe but it is just defending its own interests, which in many cases hare differed from other members of the European Communities. The UK policy towards European cooperation has been influenced by the particular interest of the country, but there has always been a strong relation between the British and Europe. Great Britain had the biggest empire in human history spread all over the globe, and hence its interest was global rather than limited to local European states. The UK was a victorious country in the Second World War, the only Western European state that participated actively in Nazi defeat. As an important consequence, British nationalism was seen as a positive force to unite all the British against an external threat. During centuries, the British economy has been based on trade, and internationally the government supported and expanded the free trade idea in the world economy to European trade relations. This paper analyzes the main issues that explain the special relations between the EU and the UK. The paper is developed from a historical point of view with a methodology’ based on the critical review of historical facts from a global perspective of the whole traditional approach of the UK towards European integration.

  19. Detecting the relationship between economic growth, CO2 and energy consumption by using panel data approach

    Science.gov (United States)

    Sayed, Ahmed R. M. Al; Isa, Zaidi

    2015-09-01

    Many scholars have shown their interest into the relationship between energy consumption (EC), gross domestic product (GDP) and emissions. The main objective of this study is to investigate the relationship between GDP, EC and CO2 within multivariate model by using panel data method in Asian countries; Korea, Malaysia, Japan and China for annually data during the period 1960 to 2010. The main finding shows that CO2 can be explained more than 86% & 78% by EC and GDP in each of cross section model and period model respectively. As a result of that, CO2 emissions should be considered as an important factor in energy consumption and gross domestic product by policy maker.

  20. Using tailored methodical approaches to achieve optimal science outcomes

    Science.gov (United States)

    Wingate, Lory M.

    2016-08-01

    The science community is actively engaged in research, development, and construction of instrumentation projects that they anticipate will lead to new science discoveries. There appears to be very strong link between the quality of the activities used to complete these projects, and having a fully functioning science instrument that will facilitate these investigations.[2] The combination of using internationally recognized standards within the disciplines of project management (PM) and systems engineering (SE) has been demonstrated to lead to achievement of positive net effects and optimal project outcomes. Conversely, unstructured, poorly managed projects will lead to unpredictable, suboptimal project outcomes ultimately affecting the quality of the science that can be done with the new instruments. The proposed application of these two specific methodical approaches, implemented as a tailorable suite of processes, are presented in this paper. Project management (PM) is accepted worldwide as an effective methodology used to control project cost, schedule, and scope. Systems engineering (SE) is an accepted method that is used to ensure that the outcomes of a project match the intent of the stakeholders, or if they diverge, that the changes are understood, captured, and controlled. An appropriate application, or tailoring, of these disciplines can be the foundation upon which success in projects that support science can be optimized.

  1. Application of classification methods in assessment of NATO member countries' economic, security and political risks

    Science.gov (United States)

    Odehnal, Jakub

    2013-10-01

    The aim of this paper is to attempt possible quantification of determinants of military expenditure and their application to current NATO member countries. To analyse the economic, security and political risks of NATO member countries, author employ multivariate statistical techniques which take into consideration the multivariate properties of the data sets used as input variables. Classification of countries based on cluster analysis has made it possible to identify disparities between NATO member countries, and thus to describe diverse economic or security environment affecting the amount of military expenditure as a percentage of the respective countries' gross domestic product.

  2. A parameter-tuned genetic algorithm for statistically constrained economic design of multivariate CUSUM control charts: a Taguchi loss approach

    Science.gov (United States)

    Niaki, Seyed Taghi Akhavan; Javad Ershadi, Mohammad

    2012-12-01

    In this research, the main parameters of the multivariate cumulative sum (CUSUM) control chart (the reference value k, the control limit H, the sample size n and the sampling interval h) are determined by minimising the Lorenzen-Vance cost function [Lorenzen, T.J., and Vance, L.C. (1986), 'The Economic Design of Control Charts: A Unified Approach', Technometrics, 28, 3-10], in which the external costs of employing the chart are added. In addition, the model is statistically constrained to achieve desired in-control and out-of-control average run lengths. The Taguchi loss approach is used to model the problem and a genetic algorithm, for which its main parameters are tuned using the response surface methodology (RSM), is proposed to solve it. At the end, sensitivity analyses on the main parameters of the cost function are presented and their practical conclusions are drawn. The results show that RSM significantly improves the performance of the proposed algorithm and the external costs of applying the chart, which are due to real-world constraints, do not increase the average total loss very much.

  3. TERMA Framework for Biomedical Signal Analysis: An Economic-Inspired Approach

    Directory of Open Access Journals (Sweden)

    Mohamed Elgendi

    2016-11-01

    Full Text Available Biomedical signals contain features that represent physiological events, and each of these events has peaks. The analysis of biomedical signals for monitoring or diagnosing diseases requires the detection of these peaks, making event detection a crucial step in biomedical signal processing. Many researchers have difficulty detecting these peaks to investigate, interpret and analyze their corresponding events. To date, there is no generic framework that captures these events in a robust, efficient and consistent manner. A new method referred to for the first time as two event-related moving averages (“TERMA” involves event-related moving averages and detects events in biomedical signals. The TERMA framework is flexible and universal and consists of six independent LEGO building bricks to achieve high accuracy detection of biomedical events. Results recommend that the window sizes for the two moving averages ( W 1 and W 2 have to follow the inequality ( 8 × W 1 ≥ W 2 ≥ ( 2 × W 1 . Moreover, TERMA is a simple yet efficient event detector that is suitable for wearable devices, point-of-care devices, fitness trackers and smart watches, compared to more complex machine learning solutions.

  4. Developing a methodology to assess the impact of research grant funding: a mixed methods approach.

    Science.gov (United States)

    Bloch, Carter; Sørensen, Mads P; Graversen, Ebbe K; Schneider, Jesper W; Schmidt, Evanthia Kalpazidou; Aagaard, Kaare; Mejlgaard, Niels

    2014-04-01

    This paper discusses the development of a mixed methods approach to analyse research funding. Research policy has taken on an increasingly prominent role in the broader political scene, where research is seen as a critical factor in maintaining and improving growth, welfare and international competitiveness. This has motivated growing emphasis on the impacts of science funding, and how funding can best be designed to promote socio-economic progress. Meeting these demands for impact assessment involves a number of complex issues that are difficult to fully address in a single study or in the design of a single methodology. However, they point to some general principles that can be explored in methodological design. We draw on a recent evaluation of the impacts of research grant funding, discussing both key issues in developing a methodology for the analysis and subsequent results. The case of research grant funding, involving a complex mix of direct and intermediate effects that contribute to the overall impact of funding on research performance, illustrates the value of a mixed methods approach to provide a more robust and complete analysis of policy impacts. Reflections on the strengths and weaknesses of the methodology are used to examine refinements for future work.

  5. Color measurement of methylene blue dye/clay mixtures and its application using economical methods

    Science.gov (United States)

    Milosevic, Maja; Kaludjerovic, Lazar; Logar, Mihovil

    2016-04-01

    Identifying the clay mineral components of clay materials by staining tests is rapid and simple, but their applicability is restricted because of the mutual interference of the common components of clay materials and difficulties in color determination. The change of color with concentration of the dye is related to the use of colorants as a field test for identifying clay minerals and has been improved over the years to assure the accuracy of the tests (Faust G. T., 1940). The problem of measurement and standardization of color may be solved by combination of colors observed in staining tests with prepared charts of color chips available in the Munsell Book of Color, published by Munsell Color Co. Under a particular set of illumination conditions, a human eye can achieve an approximate match between the color of the dyed clay sample and that of a standard color chip, even though they do have different spectral reflectance characteristics. Experiments were carried out with diffuse reflectance spectroscopy on selected clay samples (three montmorillonite, three kaolinite and one mix-layer clay samples) saturated with different concentration of methylene blue dye solution. Dominant wavelength and purity of the color was obtained on oriented dry samples and calculated by use of the I. C. I. (x, y) - diagram in the region of 400-700 nm (reflectance spectra) without MB and after saturation with different concentrations of MB solutions. Samples were carefully photographed in the natural light environment and processed with user friendly and easily accessible applications (Adobe color CC and ColorHexa encyclopedia) available for android phones or tablets. Obtained colors were compared with Munsell standard color chips, RGB and Hexa color standards. Changes in the color of clay samples in their interaction with different concentration of the applied dye together with application of economical methods can still be used as a rapid fieldwork test. Different types of clay

  6. New Fabrication Method Improves the Efficiency and Economics of Solar Cells (Fact Sheet)

    Energy Technology Data Exchange (ETDEWEB)

    2012-07-01

    Synthetic fabrication strategy optimizes the illumination geometry and transport properties of dye-sensitized solar cells. Using oriented titanium oxide (TiO{sub 2}) nanotube (NT) arrays has shown promise for dye-sensitized solar cells (DSSCs). High solar conversion efficiency requires that the incident light enters the cell from the photoelectrode side. However, for NT-based DSSCs, the light normally enters the cell through the counter electrode because a nontransparent titanium foil is typically used as the substrate for forming the aligned NTs and for making electrical contact with them. It has been synthetically challenging to prepare transparent TiO{sub 2} NT electrodes by directly anodizing Ti metal films on transparent conducting oxide (TCO) substrates because it is difficult to control the synthetic conditions. National Renewable Energy Laboratory (NREL) researchers have developed a general synthetic strategy for fabricating transparent TiO{sub 2} NT films on TCO substrates. With the aid of a conducting Nb-doped TiO{sub 2} (NTO) layer between the Ti film and TCO substrate, the Ti film can be anodized completely without degrading the TCO. The NTO layer protects the TCO from degradation through a self-terminating mechanism by arresting the electric field-assisted dissolution process at the NT-NTO interface. NREL researchers found that the illumination direction and wavelength of the light incident on the DSSCs strongly influenced the incident photon-to-current conversion efficiency, light-harvesting, and charge-collection properties, which, in turn, affect the photocurrent density, photovoltage, and solar energy conversion efficiency. Researchers also examined the effects of NT film thickness on the properties and performance of DSSCs and found that illuminating the cell from the photoelectrode side substantially increased the conversion efficiency compared with illuminating it from the counter-electrode side. This method solves a key challenge in fabricating

  7. Multiple imputation strategies for zero-inflated cost data in economic evaluations : which method works best?

    NARCIS (Netherlands)

    Vroomen, Janet MacNeil; Eekhout, Iris; Dijkgraaf, Marcel G.; van Hout, Hein; de Rooij, Sophia E.; Heymans, Martijn W.; Bosmans, Judith E.

    2016-01-01

    Cost and effect data often have missing data because economic evaluations are frequently added onto clinical studies where cost data are rarely the primary outcome. The objective of this article was to investigate which multiple imputation strategy is most appropriate to use for missing cost-effecti

  8. Multiple imputation strategies for zero-inflated cost data in economic evaluations : which method works best?

    NARCIS (Netherlands)

    MacNeil Vroomen, Janet; Eekhout, Iris; Dijkgraaf, Marcel G; van Hout, Hein; de Rooij, Sophia E; Heymans, Martijn W; Bosmans, Judith E

    2015-01-01

    Cost and effect data often have missing data because economic evaluations are frequently added onto clinical studies where cost data are rarely the primary outcome. The objective of this article was to investigate which multiple imputation strategy is most appropriate to use for missing cost-effecti

  9. METHODS OF INCREASING THE ROLE OF THE CORPORATE TAX IN THE ECONOMIC AND SOCIAL DEVELOPMENT

    Directory of Open Access Journals (Sweden)

    Abrudan Leonard Calin

    2009-05-01

    Full Text Available In this paper we will discuss about the implications of the corporate tax in the field of economical and social development. In the beginning we will present the results of the introduction of the new quota (16% as budgetary receipts and after that we wi

  10. Teaching Creative Problem Solving Methods to Undergraduate Economics and Business Students

    Science.gov (United States)

    Cancer, Vesna

    2014-01-01

    This paper seeks to explore the need for and possibility of teaching current and potential problem solvers--undergraduate students in the economic and business field to define problems, to generate and choose creative and useful ideas and to verify them. It aims to select an array of quick and easy-to-use creative problem solving (CPS) techniques.…

  11. A rapid, efficient, and economic device and method for the isolation and purification of mouse islet cells.

    Science.gov (United States)

    Zongyi, Yin; Funian, Zou; Hao, Li; Ying, Cheng; Jialin, Zhang; Baifeng, Li

    2017-01-01

    Rapid, efficient, and economic method for the isolation and purification of islets has been pursued by numerous islet-related researchers. In this study, we compared the advantages and disadvantages of our developed patented method with those of commonly used conventional methods (Ficoll-400, 1077, and handpicking methods). Cell viability was assayed using Trypan blue, cell purity and yield were assayed using diphenylthiocarbazone, and islet function was assayed using acridine orange/ethidium bromide staining and enzyme-linked immunosorbent assay-glucose stimulation testing 4 days after cultivation. The results showed that our islet isolation and purification method required 12 ± 3 min, which was significantly shorter than the time required in Ficoll-400, 1077, and HPU groups (34 ± 3, 41 ± 4, and 30 ± 4 min, respectively; P 1000 islets). In summary, the MCT method is a rapid, efficient, and economic method for isolating and purifying murine islet cell clumps. This method overcomes some of the shortcomings of conventional methods, showing a relatively higher quality and yield of islets within a shorter duration at a lower cost. Therefore, the current method provides researchers with an alternative option for islet isolation and should be widely generalized.

  12. Communicative Language Teaching:an Approach rather than a Method

    Institute of Scientific and Technical Information of China (English)

    薛昱

    2008-01-01

    The adoption of communicative approach makes significant impact on the field of language teaching.This essay outlines the primary characteristics and assumptions underlying the communicative approach in language teaching and discusses the advantages as well as limitations of the communicative approach.It suggests that the communicative language teaching can be interpreted and applied in various ways.

  13. A methodical approach for the assessment of waste sorting plants

    NARCIS (Netherlands)

    Feil, Alexander; Pretz, Thomas; Vitz, Philipp; Thoden van Velzen, Ulphard

    2017-01-01

    A techno-economical evaluation of the processing result of waste sorting plants should at least provide a realistic assessment of the recovery yields of valuable materials and of the qualities of the obtained products. This practical data is generated by weighing all the output products and sampl

  14. The role of economic evaluation in the decision-making process of family physicians: design and methods of a qualitative embedded multiple-case study

    Directory of Open Access Journals (Sweden)

    Beaulieu Marie-Dominique

    2009-02-01

    Full Text Available Abstract Background A considerable amount of resource allocation decisions take place daily at the point of the clinical encounter; especially in primary care, where 80 percent of health problems are managed. Ignoring economic evaluation evidence in individual clinical decision-making may have a broad impact on the efficiency of health services. To date, almost all studies on the use of economic evaluation in decision-making used a quantitative approach, and few investigated decision-making at the clinical level. An important question is whether economic evaluations affect clinical practice. The project is an intervention research study designed to understand the role of economic evaluation in the decision-making process of family physicians (FPs. The contributions of the project will be from the perspective of Pierre Bourdieu's sociological theory. Methods/design A qualitative research strategy is proposed. We will conduct an embedded multiple-case study design. Ten case studies will be performed. The FPs will be the unit of analysis. The sampling strategies will be directed towards theoretical generalization. The 10 selected cases will be intended to reflect a diversity of FPs. There will be two embedded units of analysis: FPs (micro-level of analysis and field of family medicine (macro-level of analysis. The division of the determinants of practice/behaviour into two groups, corresponding to the macro-structural level and the micro-individual level, is the basis for Bourdieu's mode of analysis. The sources of data collection for the micro-level analysis will be 10 life history interviews with FPs, documents and observational evidence. The sources of data collection for the macro-level analysis will be documents and 9 open-ended, focused interviews with key informants from medical associations and academic institutions. The analytic induction approach to data analysis will be used. A list of codes will be generated based on both the original

  15. The role of economic evaluation in the decision-making process of family physicians: design and methods of a qualitative embedded multiple-case study

    Science.gov (United States)

    Lessard, Chantale; Contandriopoulos, André-Pierre; Beaulieu, Marie-Dominique

    2009-01-01

    Background A considerable amount of resource allocation decisions take place daily at the point of the clinical encounter; especially in primary care, where 80 percent of health problems are managed. Ignoring economic evaluation evidence in individual clinical decision-making may have a broad impact on the efficiency of health services. To date, almost all studies on the use of economic evaluation in decision-making used a quantitative approach, and few investigated decision-making at the clinical level. An important question is whether economic evaluations affect clinical practice. The project is an intervention research study designed to understand the role of economic evaluation in the decision-making process of family physicians (FPs). The contributions of the project will be from the perspective of Pierre Bourdieu's sociological theory. Methods/design A qualitative research strategy is proposed. We will conduct an embedded multiple-case study design. Ten case studies will be performed. The FPs will be the unit of analysis. The sampling strategies will be directed towards theoretical generalization. The 10 selected cases will be intended to reflect a diversity of FPs. There will be two embedded units of analysis: FPs (micro-level of analysis) and field of family medicine (macro-level of analysis). The division of the determinants of practice/behaviour into two groups, corresponding to the macro-structural level and the micro-individual level, is the basis for Bourdieu's mode of analysis. The sources of data collection for the micro-level analysis will be 10 life history interviews with FPs, documents and observational evidence. The sources of data collection for the macro-level analysis will be documents and 9 open-ended, focused interviews with key informants from medical associations and academic institutions. The analytic induction approach to data analysis will be used. A list of codes will be generated based on both the original framework and new themes

  16. Methods for Analyzing the Economic Value of Concentrating Solar Power with Thermal Energy Storage

    Energy Technology Data Exchange (ETDEWEB)

    Denholm, Paul [National Renewable Energy Laboratory (NREL), Golden, CO (United States); Jorgenson, Jennie [National Renewable Energy Laboratory (NREL), Golden, CO (United States); Miller, Mackay [National Renewable Energy Laboratory (NREL), Golden, CO (United States); Zhou, Ella [National Renewable Energy Laboratory (NREL), Golden, CO (United States); Wang, Caixia [State Grid Energy Research Inst., Beijing (China)

    2015-07-20

    Concentrating solar power with thermal energy storage (CSP-TES) provides multiple quantifiable benefits compared to CSP without storage or to solar photovoltaic (PV) technology, including higher energy value, ancillary services value, and capacity value. This report describes modeling approaches to quantifying these benefits that have emerged through state-level policymaking in the United States as well as the potential applicability of these methods in China. The technical potential for CSP-TES in China is significant, but deployment has not yet achieved the targets established by the Chinese government. According to the 12th Five Year Plan for Renewable Energy (2011-2015), CSP was expected to reach 1 GW by 2015 and 3 GW by 2020 in China, yet as of December 2014, deployment totaled only 13.8 MW. One barrier to more rapid deployment is the lack of an incentive specific to CSP, such as a feed-in tariff. The 13th Five Year Plan for Solar Generation (2016-2020), which is under development, presents an opportunity to establish a feed-in tariff specific to CSP. This report, produced under the auspices of the U.S.-China Renewable Energy Partnership, aims to support the development of Chinese incentives that advance CSP deployment goals.

  17. Evaluating a physician leadership development program - a mixed methods approach.

    Science.gov (United States)

    Throgmorton, Cheryl; Mitchell, Trey; Morley, Tom; Snyder, Marijo

    2016-05-16

    Purpose - With the extent of change in healthcare today, organizations need strong physician leaders. To compensate for the lack of physician leadership education, many organizations are sending physicians to external leadership programs or developing in-house leadership programs targeted specifically to physicians. The purpose of this paper is to outline the evaluation strategy and outcomes of the inaugural year of a Physician Leadership Academy (PLA) developed and implemented at a Michigan-based regional healthcare system. Design/methodology/approach - The authors applied the theoretical framework of Kirkpatrick's four levels of evaluation and used surveys, observations, activity tracking, and interviews to evaluate the program outcomes. The authors applied grounded theory techniques to the interview data. Findings - The program met targeted outcomes across all four levels of evaluation. Interview themes focused on the significance of increasing self-awareness, building relationships, applying new skills, and building confidence. Research limitations/implications - While only one example, this study illustrates the importance of developing the evaluation strategy as part of the program design. Qualitative research methods, often lacking from learning evaluation design, uncover rich themes of impact. The study supports how a PLA program can enhance physician learning, engagement, and relationship building throughout and after the program. Physician leaders' partnership with organization development and learning professionals yield results with impact to individuals, groups, and the organization. Originality/value - Few studies provide an in-depth review of evaluation methods and outcomes of physician leadership development programs. Healthcare organizations seeking to develop similar in-house programs may benefit applying the evaluation strategy outlined in this study.

  18. Cumulative Risk Assessment Toolbox: Methods and Approaches for the Practitioner

    Directory of Open Access Journals (Sweden)

    Margaret M. MacDonell

    2013-01-01

    Full Text Available The historical approach to assessing health risks of environmental chemicals has been to evaluate them one at a time. In fact, we are exposed every day to a wide variety of chemicals and are increasingly aware of potential health implications. Although considerable progress has been made in the science underlying risk assessments for real-world exposures, implementation has lagged because many practitioners are unaware of methods and tools available to support these analyses. To address this issue, the US Environmental Protection Agency developed a toolbox of cumulative risk resources for contaminated sites, as part of a resource document that was published in 2007. This paper highlights information for nearly 80 resources from the toolbox and provides selected updates, with practical notes for cumulative risk applications. Resources are organized according to the main elements of the assessment process: (1 planning, scoping, and problem formulation; (2 environmental fate and transport; (3 exposure analysis extending to human factors; (4 toxicity analysis; and (5 risk and uncertainty characterization, including presentation of results. In addition to providing online access, plans for the toolbox include addressing nonchemical stressors and applications beyond contaminated sites and further strengthening resource accessibility to support evolving analyses for cumulative risk and sustainable communities.

  19. An approach for holistic energy retrofitting based on assessment of economic viability and durability of energy saving measures

    DEFF Research Database (Denmark)

    Morelli, Martin

    2014-01-01

    saving measures and forget to consider, whether it is more prudent to demolished the building and erect a new building. An evaluation approach is presented to assess whether to retrofit an existing building or to demolish and replace it. The primary concept of the method is to develop a retrofitting...... proposal with a profitably combination of energy saving measures. The cost of the combination of energy saving measures is evaluated against the cost of demolishing the existing building and erecting a new building including consideration of maintenance costs and operational costs. The energy price is used...... as constraint to determine the amount of building retrofitting for implementation. The approach includes also durability assessments of the energy saving measures. An example is carried out to illustrate the application of the approach. The example highlights the importance of including risk assessment...

  20. New approach of depollution of solid chromium leather waste by the use of organic chelates: economical and environmental impacts.

    Science.gov (United States)

    Malek, Ammar; Hachemi, Messaoud; Didier, Villemin

    2009-10-15

    Herein, we describe an original novel method which allows the decontamination of the chromium-containing leather wastes to simplify the recovery of its considerable protein fractions. Organic salts and acids such as potassium oxalate, potassium tartrate, acetic and citric acids were tested for their efficiency to separate the chromium from the leather waste. Our investigation is based on the research of the total reversibility of the tanning process, in order to decontaminate the waste without its previous degradation or digestion. The effect of several influential parameters on the treatment process was also studied. Therefore, the action of chemical agents used in decontamination process seems very interesting. The optimal yield of chromium extraction about 95% is obtained. The aim of the present study is to define a preliminary processing of solid leather waste with two main impacts: Removing with reusing chromium in the tanning process with simple, ecological and economic treatment process and potential valorization of the organic matrix of waste decontaminated.

  1. Edible oil mill effluent; a low-cost source for economizing biodiesel production: Electrospun nanofibrous coalescing filtration approach

    Directory of Open Access Journals (Sweden)

    Mohammad Javad A. Shirazi

    2014-03-01

    Full Text Available Biofuels have increased in popularity because of rising oil prices and the need for energy security. However, finding new raw sources for biodiesel production is still challenging. The oil which comes from wastewater effluent generated in edible oil mills (EOM can be considered a low-cost, widely available, emerging and interesting source for biodiesel production. This study tries to improve the coalescing filtration by using electrospun nanofibrous filters for oil recovery from the EOM effluent. In order to improve the separation efficiency of the filters, thermal treatments (90oC to 150oC were used. Results indicate that oil recovery using coalescing filtration is a promising method for providing a new source for making biodiesel production more economical.

  2. Clustering Methods with Qualitative Data: a Mixed-Methods Approach for Prevention Research with Small Samples.

    Science.gov (United States)

    Henry, David; Dymnicki, Allison B; Mohatt, Nathaniel; Allen, James; Kelly, James G

    2015-10-01

    Qualitative methods potentially add depth to prevention research but can produce large amounts of complex data even with small samples. Studies conducted with culturally distinct samples often produce voluminous qualitative data but may lack sufficient sample sizes for sophisticated quantitative analysis. Currently lacking in mixed-methods research are methods allowing for more fully integrating qualitative and quantitative analysis techniques. Cluster analysis can be applied to coded qualitative data to clarify the findings of prevention studies by aiding efforts to reveal such things as the motives of participants for their actions and the reasons behind counterintuitive findings. By clustering groups of participants with similar profiles of codes in a quantitative analysis, cluster analysis can serve as a key component in mixed-methods research. This article reports two studies. In the first study, we conduct simulations to test the accuracy of cluster assignment using three different clustering methods with binary data as produced when coding qualitative interviews. Results indicated that hierarchical clustering, K-means clustering, and latent class analysis produced similar levels of accuracy with binary data and that the accuracy of these methods did not decrease with samples as small as 50. Whereas the first study explores the feasibility of using common clustering methods with binary data, the second study provides a "real-world" example using data from a qualitative study of community leadership connected with a drug abuse prevention project. We discuss the implications of this approach for conducting prevention research, especially with small samples and culturally distinct communities.

  3. TOURISM SATELLITE ACCOUNT - STATISTICAL METHOD FOR DETERMINING THE ECONOMIC IMPACT OF TOURISM

    Directory of Open Access Journals (Sweden)

    OANA MARIA MILEA

    2012-05-01

    Full Text Available The permanent concerns of analysts to determine how accurately the real economic benefits of tourism, not stopping at only the direct costs of international and domestic visitors but to consider their indirect effects have made them believe that tourism statistics are not comprehensive enough.This is both because they fail to provide a concrete or in respect of costs incurred by tourists on their own and to some extent to those seeking semi-organized tourism and because the economic effects of spending tourist receipts go beyond statistics reported by service providers. As a result, the World Tourism Organization (UNWTO in collaboration with the World Travel and Tourism Council (WTTO, the European Union Statistical Office (EUROSTST and other regional statistical bodies initiated the Tourism Satellite Account system, UNWTO recommending its adoption by all countries.

  4. Economics definitions, methods, models, and analysis procedures for Homeland Security applications.

    Energy Technology Data Exchange (ETDEWEB)

    Ehlen, Mark Andrew; Loose, Verne William; Vargas, Vanessa N.; Smith, Braeton J.; Warren, Drake E.; Downes, Paula Sue; Eidson, Eric D.; Mackey, Greg Edward

    2010-01-01

    This report gives an overview of the types of economic methodologies and models used by Sandia economists in their consequence analysis work for the National Infrastructure Simulation & Analysis Center and other DHS programs. It describes the three primary resolutions at which analysis is conducted (microeconomic, mesoeconomic, and macroeconomic), the tools used at these three levels (from data analysis to internally developed and publicly available tools), and how they are used individually and in concert with each other and other infrastructure tools.

  5. Topology Optimization of Constrained Layer Damping on Plates Using Method of Moving Asymptote (MMA Approach

    Directory of Open Access Journals (Sweden)

    Zheng Ling

    2011-01-01

    Full Text Available Damping treatments have been extensively used as a powerful means to damp out structural resonant vibrations. Usually, damping materials are fully covered on the surface of plates. The drawbacks of this conventional treatment are also obvious due to an added mass and excess material consumption. Therefore, it is not always economical and effective from an optimization design view. In this paper, a topology optimization approach is presented to maximize the modal damping ratio of the plate with constrained layer damping treatment. The governing equation of motion of the plate is derived on the basis of energy approach. A finite element model to describe dynamic performances of the plate is developed and used along with an optimization algorithm in order to determine the optimal topologies of constrained layer damping layout on the plate. The damping of visco-elastic layer is modeled by the complex modulus formula. Considering the vibration and energy dissipation mode of the plate with constrained layer damping treatment, damping material density and volume factor are considered as design variable and constraint respectively. Meantime, the modal damping ratio of the plate is assigned as the objective function in the topology optimization approach. The sensitivity of modal damping ratio to design variable is further derived and Method of Moving Asymptote (MMA is adopted to search the optimized topologies of constrained layer damping layout on the plate. Numerical examples are used to demonstrate the effectiveness of the proposed topology optimization approach. The results show that vibration energy dissipation of the plates can be enhanced by the optimal constrained layer damping layout. This optimal technology can be further extended to vibration attenuation of sandwich cylindrical shells which constitute the major building block of many critical structures such as cabins of aircrafts, hulls of submarines and bodies of rockets and missiles as an

  6. 关于EVA贴现模型的探讨%Study on discounted economic value added valuation method

    Institute of Scientific and Technical Information of China (English)

    范洪波; 张丽梅

    2004-01-01

    主要介绍了公司价值评估的一种方法--EVA贴现估价法(The Discounted Economic Value Added Valuation Method).与股利贴现模型和自由现金流模型相比EVA贴现估价法的优越性在于获取数据较容易,重视账面值的分析,目前越来越受到关注.

  7. Evolution of the global economic science as a factor of forming the expectations of economic agents

    Directory of Open Access Journals (Sweden)

    Valeriy Vladimirovich Shlychkov

    2015-09-01

    Full Text Available Objective to reveal the correlation between the level of economic system development and the adequacy of economic ideas and conceptions at particular historic periods to define the role of economic theory in generating economic knowledge and the degree of its influence on economic subjects39 behavior under permanent changes in technology setups and evolutionary development of economic systems. Methods the research methodology was based on ensuring the uniformity of logical and historical approaches the research methods were widely used descriptive analysis and synthesis deduction and induction generalization observation prediction scientific abstraction statistical analysis system analysis and techniques of grouping and classification methods of comparative historical and interdisciplinary analysis expert judgment the combination of these methods allowed to ensure the accuracy of the research and the validity of conclusions. Results the correlation was revealed between the level of economic system development and the adequacy of economic ideas and concepts at certain historical periods the significant role of economic theory in shaping the optimal behavior of economic entitieswas identified the purpose of the economic theory was statedass providing the evolutionary development of our civilization through the process of scientifictheoretical support of business activities of the society. Scientific novelty the main theoretical and methodological approaches were identified to the formation of economic agents expectations to obtain economic knowledge the trends are revealed of expansion and qualitative change of the range of issues facing economistsresearchers in the development of postindustrial society the authorsrsquo interpretation is proposed of the notion ldquoeconomic agentsrsquoexpectationrdquo in which public expectations of economic science are viewed as quotthe formed society need for scientifically grounded economic knowledgequot it

  8. Numerical Methods Application for Reinforced Concrete Elements-Theoretical Approach for Direct Stiffness Matrix Method

    Directory of Open Access Journals (Sweden)

    Sergiu Ciprian Catinas

    2015-07-01

    Full Text Available A detailed theoretical and practical investigation of the reinforced concrete elements is due to recent techniques and method that are implemented in the construction market. More over a theoretical study is a demand for a better and faster approach nowadays due to rapid development of the calculus technique. The paper above will present a study for implementing in a static calculus the direct stiffness matrix method in order capable to address phenomena related to different stages of loading, rapid change of cross section area and physical properties. The method is a demand due to the fact that in our days the FEM (Finite Element Method is the only alternative to such a calculus and FEM are considered as expensive methods from the time and calculus resources point of view. The main goal in such a method is to create the moment-curvature diagram in the cross section that is analyzed. The paper above will express some of the most important techniques and new ideas as well in order to create the moment curvature graphic in the cross sections considered.

  9. An Approach to Understanding Complex Socio-Economic Impacts and Responses to Climate Disruption in the Chesapeake Bay Region

    Science.gov (United States)

    Schaefer, R. K.; Nix, M.; Ihde, A. G.; Paxton, L. J.; Weiss, M.; Simpkins, S.; Fountain, G. H.; APl GAIA Team

    2011-12-01

    In this paper we describe the application of a proven methodology for modeling the complex social and economic interactions of a system under stress to the regional issues that are tied to global climate disruption. Under the auspices of the GAIA project (http://gaia.jhuapl.edu), we have investigated simulating the complex interplay between climate, politics, society, industry, and the environment in the Chesapeake Bay Watershed and associated geographic areas of Maryland, Virginia, and Pennsylvania. This Chesapeake Bay simulation draws on interrelated geophysical and climate models to support decision-making analysis about the Bay. In addition to physical models, however, human activity is also incorporated via input and output calculations. For example, policy implications are modeled in relation to business activities surrounding fishing, farming, industry and manufacturing, land development, and tourism. This approach fosters collaboration among subject matter experts to advance a more complete understanding of the regional impacts of climate change. Simulated interactive competition, in which teams of experts are assigned conflicting objectives in a controlled environment, allow for subject exploration which avoids trivial solutions that neglect the possible responses of affected parties. Results include improved planning, the anticipation of areas of conflict or high risk, and the increased likelihood of developing mutually acceptable solutions.

  10. Testing the relationships between energy consumption, CO2 emissions, and economic growth in 24 African countries: a panel ARDL approach.

    Science.gov (United States)

    Asongu, Simplice; El Montasser, Ghassen; Toumi, Hassen

    2016-04-01

    This study complements existing literature by examining the nexus between energy consumption (EC), CO2 emissions (CE), and economic growth (GDP; gross domestic product) in 24 African countries using a panel autoregressive distributed lag (ARDL) approach. The following findings are established. First, there is a long-run relationship between EC, CE, and GDP. Second, a long-term effect from CE to GDP and EC is apparent, with reciprocal paths. Third, the error correction mechanisms are consistently stable. However, in cases of disequilibrium, only EC can be significantly adjusted to its long-run relationship. Fourth, there is a long-run causality running from GDP and CE to EC. Fifth, we find causality running from either CE or both CE and EC to GDP, and inverse causal paths are observable. Causality from EC to GDP is not strong, which supports the conservative hypothesis. Sixth, the causal direction from EC to GDP remains unobservable in the short term. By contrast, the opposite path is observable. There are also no short-run causalities from GDP, or EC, or EC, and GDP to EC. Policy implications are discussed.

  11. Formal Rules Versus an Economic Approach in Dealing with Cartels: the Need for More Coherence in European Competition Law

    Directory of Open Access Journals (Sweden)

    Radu Muşetescu

    2011-12-01

    Full Text Available Cartelizing is today among the most hunted business conduct in the world. Competition authorities from the countries where these statutes were adopted embrace the wisdom that such agreements between competitors are unquestionably anti-competitive. As opposed to other business practices, cartel agreements seem to offer an undeniable proof of intent that confers comfort for those who are investigating and prosecuting them. A cartel is today qualified as per se illegal. No further proof is needed but the formal agreement and the shared intentions. They are, at least until now, the only business practice that has lead, in certain jurisdictions, to jail terms and criminal record for individuals who were engaged in their negotiation and implementation. However, cartels are business practices that do not fundamentally aggress against any property right. From a public policy perspective, the harsh attitude towards cartels is lacking a theoretical coherence. Today, when competition policies all over the world and especially in the European Union are gradually transiting towards a more economic approach to evaluating the welfare effects of business practices, reassessing cartels is a critical imperative in the effort for a more coherent and reasonable public policy.

  12. Techno-economic method for evaluation and selection of flexible manufacturing systems (FMS

    Directory of Open Access Journals (Sweden)

    V. Todić

    2012-07-01

    Full Text Available To find best FMS solutions, experts use numerous multicriteria methods for evaluation and ranking, methods based on artificial intelligence, and multicriteria optimization methods. Presented in this paper is a developed technoeconomic method for evaluation and selection of FMS based on productivity. The method is based on group technology (GT process planning.

  13. A partial economic evaluation of blended learning in teaching health research methods: a three-university collaboration in South Africa, Sweden, and Uganda

    Science.gov (United States)

    Kumpu, Minna; Atkins, Salla; Zwarenstein, Merrick; Nkonki, Lungiswa

    2016-01-01

    Background Novel research training approaches are needed in global health, particularly in sub-Saharan African universities, to support strengthening of health systems and services. Blended learning (BL), combining face-to-face teaching with computer-based technologies, is also an accessible and flexible education method for teaching global health and related topics. When organised as inter-institutional collaboration, BL also has potential for sharing teaching resources. However, there is insufficient data on the costs of BL in higher education. Objective Our goal was to evaluate the total provider costs of BL in teaching health research methods in a three-university collaboration. Design A retrospective evaluation was performed on a BL course on randomised controlled trials, which was led by Stellenbosch University (SU) in South Africa and joined by Swedish and Ugandan universities. For all three universities, the costs of the BL course were evaluated using activity-based costing with an ingredients approach. For SU, the costs of the same course delivered with a classroom learning (CL) approach were also estimated. The learning outcomes of both approaches were explored using course grades as an intermediate outcome measure. Results In this contextually bound pilot evaluation, BL had substantially higher costs than the traditional CL approach in South Africa, even when average per-site or per-student costs were considered. Staff costs were the major cost driver in both approaches, but total staff costs were three times higher for the BL course at SU. This implies that inter-institutional BL can be more time consuming, for example, due to use of new technologies. Explorative findings indicated that there was little difference in students’ learning outcomes. Conclusions The total provider costs of the inter-institutional BL course were higher than the CL course at SU. Long-term economic evaluations of BL with societal perspective are warranted before conclusions

  14. A Comparison between Different Approaches and Methods in Foreign Language Teaching

    Institute of Scientific and Technical Information of China (English)

    Su Wei

    2008-01-01

    Different approaches and methods through history play significant roles in foreign language teaching.This paper makes a comparison of four influential approaches and methods in terms of definition,advantages and disadvantages.It is necessary to combine those approaches and methods to facilitate the development of foreign language teaching.

  15. Improvement of Information and Methodical Provision of Macro-economic Statistical Analysis

    Directory of Open Access Journals (Sweden)

    Tiurina Dina M.

    2014-02-01

    Full Text Available The article generalises and analyses main shortcomings of the modern system of macro-statistical analysis based on the use of the system of national accounts and balance of the national economy. The article proves on the basis of historic analysis of formation of indicators of the system of national accounts that problems with its practical use have both regional and global reasons. In order to eliminate impossibility of accounting life quality the article offers a system of quality indicators based on the general perception of wellbeing as assurance in own solvency of population and representative sampling of economic subjects.

  16. Education for Economic Growth or Human Development? the Capabilities Approach and the World Bank's Basic Education Project in Turkey

    Science.gov (United States)

    McClure, Kevin R.

    2014-01-01

    Turkey's recent development plans suggest that, according to state planners, development is no longer identified with, achieved through or measured by economic growth. These documents evince that Turkey has embraced what is referred to as the capability approach. What remains unclear is whether this embrace is substantive or rhetorical. This…

  17. ECONOMIC INTELLIGENCE - THEORETICAL AND PRACTICAL ASPECTS

    Directory of Open Access Journals (Sweden)

    VIRGIL - ION POPOVICI

    2014-12-01

    Full Text Available Economic Intelligence (EI may be a solution in knowledge management as involves collecting, evaluating, processing, analysis and dissemination of economic data within organizations. The ultimate goal of economic intelligence (EI is to take advantage of this opportunity to develop and improve methods for identifying relevant information sources, analysis of information collected and manipulation, to give the user all the necessary decisions. Scope of the Economic Intelligence focused on information available outside the organization, covering wide areas from technology to market or legal issues. Economic Intelligence (EI is closely related to other approaches to information management, and knowledge management and business intelligence, excelling in the use of software tools.

  18. A methodological approach to comparing pros and cons of delocalizing villages: socio-economic and technical issues

    Science.gov (United States)

    Guadagno, Eleonora; Iovine, Giulio G. R.; Petrucci, Olga; Forciniti, Pinuccia R.

    2014-05-01

    Cavallerizzo have been analysed within the frame of a PhD thesis by one of the authors. The present study focuses on the Cavallerizzo case study to discuss a methodological approach useful to comparing pros and cons of delocalizing villages, aiming at properly considering socio-economic effects in addition to technical issues.

  19. Acetone-butanol-ethanol fermentation of corn stover: current production methods, economic viability and commercial use.

    Science.gov (United States)

    Baral, Nawa R; Slutzky, Lauren; Shah, Ajay; Ezeji, Thaddeus C; Cornish, Katrina; Christy, Ann

    2016-03-01

    Biobutanol is a next-generation liquid biofuel with properties akin to those of gasoline. There is a widespread effort to commercialize biobutanol production from agricultural residues, such as corn stover, which do not compete with human and animal foods. This pursuit is backed by extensive government mandates to expand alternative energy sources. This review provides an overview of research on biobutanol production using corn stover feedstock. Structural composition, pretreatment, sugar yield (following pretreatment and hydrolysis) and generation of lignocellulose-derived microbial inhibitory compounds (LDMICs) from corn stover are discussed. The review also discusses different Clostridium species and strains employed for biobutanol production from corn stover-derived sugars with respect to solvent yields, tolerance to LDMICs and in situ solvent recovery (integrated fermentation). Further, the economics of cellulosic biobutanol production are highlighted and compared to corn starch-derived ethanol and gasoline. As discussed herein, the economic competitiveness of biobutanol production from corn stover largely depends on feedstock processing and fermentation process design.

  20. IMPROVED METHOD OF DETERMINATION OF ECONOMIC EFFICIENCY OF CONSTRUCTION AND OPERATION OF HIGH SPEED MAINLINE IN UKRAINE

    Directory of Open Access Journals (Sweden)

    YU. S. Barash

    2014-01-01

    Full Text Available Purpose. To develop an advanced methodology and formulate the measures concerning the definition of economic efficiency of high-speed movement organization taking into account the operating experience of rapid transportations in Ukraine, travel time, number of stops on the route, schedule and the demand for these transportations. Methodology. The economic feasibility for appropriateness of high-speed movement organization in Ukraine is an investment project, which involves step-by-step money investment to the construction. To solve such problems one uses net present value, which UZ or newly created companies can get during the project realization and after its completion. Findings. On the basis of obtained studies one can state that the methodology of complex determination of construction efficiency and high-speed passenger trains operation taking into account the cost of infrastructure, rolling stock, impact of environmental factors, etc. was developed in the article. Originality. We propose a scientific approach to determine the economic efficiency of the construction and high-speed main lines operation. This approach, unlike the existing one, includes the improved principles of determining the passenger traffic, the cost of high-speed mainline construction, the number of rolling stock; optimizes income and expenditure calculations in the context of competitive advantages and impact of the external factors on the company. For the first time it was taken into account the transit flow of passengers departing from CIS countries to the vacation in the Crimea, the Carpathians, Odessa and Lviv regions. The account of these factors increases the feasibility of administrative decisions concerning ensuring the efficiency of high-speed traffic functioning. Practical value. The proposed methodology and the research results allowed determining the construction reasonability of high-speed mainline for the passenger trains with a speed at least250 km/h in

  1. Circulation economics

    DEFF Research Database (Denmark)

    Ingebrigtsen, Stig; Jakobsen, Ove

    2006-01-01

    Purpose - This paper is an attempt to advance the critical discussion regarding environmental and societal responsibility in economics and business. Design/methodology/approach - The paper presents and discusses as a holistic, organic perspective enabling innovative solutions to challenges...... concerning the responsible and efficient use of natural resources and the constructive interplay with culture. To reach the goal of sustainable development, the paper argues that it is necessary to make changes in several dimensions in mainstream economics. This change of perspective is called a turn towards...... presupposes a perspective integrating economic, natural and cultural values. Third, to organize the interplay between all stakeholders we introduce an arena for communicative cooperation. Originality/value - The paper concludes that circulation economics presupposes a change in paradigm, from a mechanistic...

  2. Integrating Safety Assessment Methods using the Risk Informed Safety Margins Characterization (RISMC) Approach

    Energy Technology Data Exchange (ETDEWEB)

    Curtis Smith; Diego Mandelli

    2013-03-01

    Safety is central to the design, licensing, operation, and economics of nuclear power plants (NPPs). As the current light water reactor (LWR) NPPs age beyond 60 years, there are possibilities for increased frequency of systems, structures, and components (SSC) degradations or failures that initiate safety significant events, reduce existing accident mitigation capabilities, or create new failure modes. Plant designers commonly “over-design” portions of NPPs and provide robustness in the form of redundant and diverse engineered safety features to ensure that, even in the case of well-beyond design basis scenarios, public health and safety will be protected with a very high degree of assurance. This form of defense-in-depth is a reasoned response to uncertainties and is often referred to generically as “safety margin.” Historically, specific safety margin provisions have been formulated primarily based on engineering judgment backed by a set of conservative engineering calculations. The ability to better characterize and quantify safety margin is important to improved decision making about LWR design, operation, and plant life extension. A systematic approach to characterization of safety margins and the subsequent margin management options represents a vital input to the licensee and regulatory analysis and decision making that will be involved. In addition, as research and development (R&D) in the LWR Sustainability (LWRS) Program and other collaborative efforts yield new data, sensors, and improved scientific understanding of physical processes that govern the aging and degradation of plant SSCs needs and opportunities to better optimize plant safety and performance will become known. To support decision making related to economics, readability, and safety, the RISMC Pathway provides methods and tools that enable mitigation options known as margins management strategies. The purpose of the RISMC Pathway R&D is to support plant decisions for risk

  3. Predictor-Corrector Primal-Dual Interior Point Method for Solving Economic Dispatch Problems: A Postoptimization Analysis

    Directory of Open Access Journals (Sweden)

    Antonio Roberto Balbo

    2012-01-01

    Full Text Available This paper proposes a predictor-corrector primal-dual interior point method which introduces line search procedures (IPLS in both the predictor and corrector steps. The Fibonacci search technique is used in the predictor step, while an Armijo line search is used in the corrector step. The method is developed for application to the economic dispatch (ED problem studied in the field of power systems analysis. The theory of the method is examined for quadratic programming problems and involves the analysis of iterative schemes, computational implementation, and issues concerning the adaptation of the proposed algorithm to solve ED problems. Numerical results are presented, which demonstrate improvements and the efficiency of the IPLS method when compared to several other methods described in the literature. Finally, postoptimization analyses are performed for the solution of ED problems.

  4. An economic method for the solution of the scalar wave equation for arbitrarily shaped optical waveguides

    NARCIS (Netherlands)

    Hoekstra, Hugo J.W.M.

    1990-01-01

    The discrete sine method, in which the basis functions consist of sine functions defined on a set of parallel discretization lines, is discussed. The method is a combination of a scalar version of the finite difference method and sine method. The choice of the basis set leads for the eigenvalue equa

  5. An economic approach to efficient isotope labeling in insect cells using homemade 15N-, 13C- and 2H-labeled yeast extracts.

    Science.gov (United States)

    Opitz, Christian; Isogai, Shin; Grzesiek, Stephan

    2015-07-01

    Heterologous expression of proteins in insect cells is frequently used for crystallographic structural studies due to the high yields even for challenging proteins requiring the eukaryotic protein processing capabilities of the host. However for NMR studies, the need for isotope labeling poses extreme challenges in eukaryotic hosts. Here, we describe a robust method to achieve uniform protein (15)N and (13)C labeling of up to 90 % in baculovirus-infected insect cells. The approach is based on the production of labeled yeast extract, which is subsequently supplemented to insect cell growth media. The method also allows deuteration at levels of >60 % without decrease in expression yield. The economic implementation of the labeling procedures into a standard structural biology laboratory environment is described in a step-by-step protocol. Applications are demonstrated for a variety of NMR experiments using the Abelson kinase domain, GFP, and the beta-1 adrenergic receptor as examples. Deuterated expression of the latter provides spectra of very high quality of a eukaryotic G-protein coupled receptor.

  6. An economic approach to efficient isotope labeling in insect cells using homemade {sup 15}N-, {sup 13}C- and {sup 2}H-labeled yeast extracts

    Energy Technology Data Exchange (ETDEWEB)

    Opitz, Christian; Isogai, Shin; Grzesiek, Stephan, E-mail: Stephan.Grzesiek@unibas.ch [University of Basel, Focal Area Structural Biology and Biophysics, Biozentrum (Switzerland)

    2015-07-15

    Heterologous expression of proteins in insect cells is frequently used for crystallographic structural studies due to the high yields even for challenging proteins requiring the eukaryotic protein processing capabilities of the host. However for NMR studies, the need for isotope labeling poses extreme challenges in eukaryotic hosts. Here, we describe a robust method to achieve uniform protein {sup 15}N and {sup 13}C labeling of up to 90 % in baculovirus-infected insect cells. The approach is based on the production of labeled yeast extract, which is subsequently supplemented to insect cell growth media. The method also allows deuteration at levels of >60 % without decrease in expression yield. The economic implementation of the labeling procedures into a standard structural biology laboratory environment is described in a step-by-step protocol. Applications are demonstrated for a variety of NMR experiments using the Abelson kinase domain, GFP, and the beta-1 adrenergic receptor as examples. Deuterated expression of the latter provides spectra of very high quality of a eukaryotic G-protein coupled receptor.

  7. Paired comparisons analysis: an axiomatic approach to ranking methods

    NARCIS (Netherlands)

    Gonzalez-Diaz, J.; Hendrickx, Ruud; Lohmann, E.R.M.A.

    2014-01-01

    In this paper we present an axiomatic analysis of several ranking methods for general tournaments. We find that the ranking method obtained by applying maximum likelihood to the (Zermelo-)Bradley-Terry model, the most common method in statistics and psychology, is one of the ranking methods that per

  8. A method of ecological and economic risk assessment during the development of the shelf based on mathematical modelling

    Science.gov (United States)

    Solovyova, N. V.; Lobkovsky, L. I.

    2015-09-01

    This paper proposes a method of mathematical modelling of ecological risk based on a synthesis of dynamic and probabilistic risk assessment techniques. The probability of assessment of an acceptable probability of an anthropogenic impact to minimize economic costs is proposed. The dependence of an acceptable probability of an anthropogenic impact on the ecological risk is demonstrated with an example calculation. The results of the modelling of the state of a shelf ecosystem based on the dynamic model are used for the calculation as source information. Based on this synthesis, the calculation results bring about the opportunity to balance ecological-economic goals of achieving safe development of the shelf and to satisfy the involuntary necessity to reduce the costs on environmental protection measures, while maintaining the priority of environmental requirements.

  9. A method for economic optimization of energy performance and indoor environment in the design of sustainable buildings

    DEFF Research Database (Denmark)

    Hansen, Sanne; Vanhoutteghem, Lies

    2012-01-01

    Future tightening of the energy requirements increases focus on design of new and better performing buildings with good indoor environment and only limited extra cost compared to new buildings today. This paper presents a method for economic optimization of the design of new low energy dwellings...... that an economic design solution with good indoor environment can be identified. The example also shows that in order to ensure that buildings have low energy consumption, at minimum extra cost, more appropriate products and solutions will have to become available on the market at a competitive price....... that takes into account the indoor thermal environment. By use of the criterion of cost of conserved energy implemented in a Microsoft Excel sheet, a cost optimal design according to a targeted energy frame can be found. The resulting indoor thermal environment is then evaluated based on parametric analysis...

  10. ECONOMICAL VIABILITY OF PRESERVATIVE TREATMENT OF Prosopis juliflora (SW D.C. WOOD SUBMITTED TO SAP DISPLACEMENT METHOD

    Directory of Open Access Journals (Sweden)

    Desmoulis Wanderley de Farias Sobrinho

    2008-06-01

    Full Text Available This work aimed to evaluate the economical viability of preservative treatment of Prosopis juliflora (Sw D.C. roundpieces treated with Osmose CCB commercial preservative applied by sap displacement method in rural property and to comparetheir costs with Mimosa caesalpiniifolia, Mimosa tenuiflora and Prosopis juliflora non-treated pieces costs. The treatment of Prosopisjuliflora wood demonstrated to be economically viable when compared to alternatives using the Equivalent Annual Costs (EACs, fordiscount rates of 12; 15; and 18% and expected useful life varying from 16 to 30 years, in these situations treated Prosopis juliflorawood presented smaller EAC than Mimosa caesalpiniifolia, Mimosa tenuiflora and Prosopis juliflora non-treated woods for theanalyzed situations, that justifies the employment of the Prosopis juliflora treated logs as fence posts and other similar uses.

  11. Advocating mixed-methods approaches in health research

    OpenAIRE

    MacKenzie Bryers, H.; van Teijlingen, Edwin; Pitchforth, Emma

    2014-01-01

    This methods paper provides researchers in Nepal with a broad overview of the practical and philosophical aspects of mixed-methods research. The three authors have a wide-ranging expertise in planning and conducting mixed-methods studies. The paper outlines the different paradigms or philosophies underlying quantitative and qualitative methods and some of the on-going debates about mixed-methods. The paper further highlights a number of practical issues, such as (a) the particular mix and ord...

  12. METHODS USED IN DETERMINING THE VALUE ADDED USED IN THE ASSESMENT OF THE COMPANY’S REAL ECONOMIC POWER

    Directory of Open Access Journals (Sweden)

    CONSTANTIN CĂRUNTU

    2012-01-01

    Full Text Available When analyzing the value of a product or service, our goal is to obtain a product or service value that exceeds the cost of producing the good or service provision. Their cost includes the value of all resources used in its production, so it is necessary to examine each activity or resources involved in making a product or providing a service. Value added is the indicator that measures the economic performance of an economic entity which has a fairly long history of application at both micro and macro level. The purpose of this article is to set out the determination of the value added of a company through the synthetic and analytical method considered to be methods of determining the increasing level of the wealth of a business and of measuring the income. The research methodology used consists in the application of the two methods for determining the value added, the synthetic and analytical method, and also the use of the factorial method to reveal the factors of influence on value added.

  13. A pragmatic approach for assessing the economic performance of model predictive control systems and its industrial application%一种对预测控制系统经济性能评估的实用方法及其工业应用

    Institute of Scientific and Technical Information of China (English)

    赵超; 苏宏业; 古勇; 褚建

    2009-01-01

    In this article,an approach for economic performance assessment of model predictive control(MAC) system is presented.The method builds on steady-state economic optimization techniques and uses the linear quadratic Gaussian(LQG)benchmark other than conventional minimum variance control(MVC)to estimate the potential of reduction in variance.The LOG control is a more practical perfornlance benchmark compared to MVC for performance assessment since it considers input variance and outpurt variance,and it thus provides a desired basis for determining the theoreticaI maximum economic benefit potential arising from variability reduction.Combining the LQG benchmark directly with benefit potential of MPC control system.both the economic benefit and the optimal operation condition can be obtained by solving the economic optimization problem.The proposed algorithm is illustrated by simulated example as well as application to economic performance assessment of an industrial model predictive control system.

  14. Process design and economic evaluation of green extraction methods for recovery of astaxanthin from shrimp waste

    DEFF Research Database (Denmark)

    Razi Parjikolaei, Behnaz; Errico, Massimiliano; El-Houri, Rime Bahij

    2017-01-01

    Sunflower oil (SF) and its methyl ester as well as supercritical fluid (SC-CO2+ 5 wt% EtOH) have recently been shown as potential green solvents which could substitute traditional organic solvents. This study investigates the economic feasibility of using these green solvents to extract astaxanthin...... (ASX) from shrimp processing waste. The feasibility of commercial use of the green solvents under plausible process conditions is compared to extraction with a mixture of hexane: isopropanol (Hex:IPA). The process flowsheets describing these processes were modelled by means of SuperPro Designer...... with SF and synthetic ASX yielded a shrimp feed production cost comparable to the current market price. The calculated feed price based on the ASX production cost of the other green processes, ME-SF and SCFE, resulted in a significantly higher production cost....

  15. Interacting Psycho-economic Expectations Ratios with Equity/debt Realities Suggests a Crisis Warning Method

    Directory of Open Access Journals (Sweden)

    Barry Thornton

    2011-12-01

    Full Text Available The recent April 2011 meeting of the G20 countries considered possible development of a global early warning system to avoid any future financial crisis. Psycho-economic factors are strong drivers of greed, fear and non-rational behavior and experience shows that they should not be excluded from such a project. Rational, logical behavior for attitude and actions has been an assumption in most financial models prior to the advent of the 2008 crisis. In recent years there has been an increasing interest in relating financial activity to phenomena in physics, turbulence, neurology and recent fMRI experiments show that cortical interactions for decisions are affected by previous experience. We use an extension of two Lotka-Volterra (LV interactive equations used in a model for the 2008 crisis but now with fluctuation theory from chemical physics to interact the two previously used heterogenous interacting agents, the psycho-economic ratio CE of investor expectations (favourable/unfavourable and the reality ratio of equity/debt. The model provides a variable, M, for uncertainties in CE arising from the ability of the economy to affect the financial sector. A condition obtained for keeping rates of change in M small to avoid divergence of spontaneous fluctuations, provides a quantifiable time dependent entity which can act as a warning of impending crisis. The conditional expression appears to be related to an extension of Ohm's law as in a recently discovered "chip" and memory; the memristor. The possible role of subthreshold legacies in CE from the previous crisis appears to be possible and related to recent neurological findings.

  16. The socio-economic impact of noise: a method for assessing noise annoyance.

    Science.gov (United States)

    Gjestland, Truls

    2007-01-01

    Norwegian authorities have developed and adopted a method for assessing the magnitude of noise impact on a community in quantitative terms. The method takes into account all levels of noise annoyance experienced by all the residents in an area and transforms these data into a single quantity that can also be expressed in monetary terms. This method is contrary to other commonly used assessment methods where only a certain fraction of the impacted people, e.g. those "highly annoyed," is considered.

  17. Safety assessment in plant layout design using indexing approach: implementing inherent safety perspective. Part 1 - guideword applicability and method description.

    Science.gov (United States)

    Tugnoli, Alessandro; Khan, Faisal; Amyotte, Paul; Cozzani, Valerio

    2008-12-15

    Layout planning plays a key role in the inherent safety performance of process plants since this design feature controls the possibility of accidental chain-events and the magnitude of possible consequences. A lack of suitable methods to promote the effective implementation of inherent safety in layout design calls for the development of new techniques and methods. In the present paper, a safety assessment approach suitable for layout design in the critical early phase is proposed. The concept of inherent safety is implemented within this safety assessment; the approach is based on an integrated assessment of inherent safety guideword applicability within the constraints typically present in layout design. Application of these guidewords is evaluated along with unit hazards and control devices to quantitatively map the safety performance of different layout options. Moreover, the economic aspects related to safety and inherent safety are evaluated by the method. Specific sub-indices are developed within the integrated safety assessment system to analyze and quantify the hazard related to domino effects. The proposed approach is quick in application, auditable and shares a common framework applicable in other phases of the design lifecycle (e.g. process design). The present work is divided in two parts: Part 1 (current paper) presents the application of inherent safety guidelines in layout design and the index method for safety assessment; Part 2 (accompanying paper) describes the domino hazard sub-index and demonstrates the proposed approach with a case study, thus evidencing the introduction of inherent safety features in layout design.

  18. Methodical Approaches to Risk Management in a Regional Commercial Bank

    Directory of Open Access Journals (Sweden)

    Elena Vladimirovna Altukhova

    2016-03-01

    Full Text Available The article presents the results of the research of the methodological and information infrastructure of the integrated risk management in a regional commercial bank. Within the study of the general development tendencies of the regional banking services market, the most significant risks for a regional bank are revealed. The analysis is carried out on the basis of the stress testing technique developed at the Plekhanov Russian University of Economics. It is based on a technique of dynamic economic and mathematical modeling with the application of information technologies. The created combination of the methodological and instrumental tools allows to carry out the dynamic scenario analysis of the activity of a commercial bank for the identification of potential risks and for the development of the strategy of financial management reducing the potential risks and leveling the consequences of their realization. The received tool allows during the computer test to watch the predicted dynamics of the condition of the key indicators of the activity of a regional commercial bank changing under the influence of the exogenous regulatory measures and instruments of bank management applied to decrease risk and at the same time to introduce adjustments in the perspective strategy of management. As the result of the analysis, the universal management model of the main bank risks in a regional commercial bank within three alternative scenarios is created. The software product allowing to develop and acquire the practical skills of the students in banking is developed. It also may help to develop the methodological support for the regulation of the organizational procedures of risk management in a regional commercial bank. The received software product may be used in a system of the improving the professional skills, and also for obtaining the expected data in a risk management system in a regional commercial bank.

  19. Engaging with economic evaluation methods: insights from small and medium enterprises in the UK medical devices industry after training workshops

    Directory of Open Access Journals (Sweden)

    Craven Michael P

    2012-09-01

    Full Text Available Abstract Background With increased governmental interest in value assessment of technologies and where medical device manufacturers are finding it increasingly necessary to become more familiar with economic evaluation methods, the study sought to explore the levels of health economics knowledge within small and medium-sized enterprises (SMEs and to scope strategies they employ to demonstrate the value of their products to purchasers. Methods A short questionnaire was completed by participants attending one of five workshops on product development in the medical device sector that took place in England between 2007 and 2011. From all responses obtained, a large proportion of participants were based in SMEs (N = 43, and these responses were used for the analysis. Statistical analysis using non-parametric tests was performed on questions with approximately interval scales. Qualitative data from participant responses were analysed to reveal emerging themes. Results The questionnaire results revealed that 60% of SME participants (mostly company directors or managers, including product or project managers rated themselves as having low or no knowledge of health economics prior to the workshops but the rest professed at least medium knowledge. Clinical trials and cost analyses or cost-effectiveness studies were the most highly cited means by which SMEs aim to demonstrate value of products to purchasers. Purchasers were perceived to place most importance on factors of safety, expert opinion, cost-effectiveness and price. However many companies did not utilise formal decision-making tools to prioritise these factors. There was no significant dependence of the use of decision-making tools in general with respect to professed knowledge of health economics methods. SMEs did not state a preference for any particular aspect of potential value when deciding whether to develop a product. A majority of SMEs stated they would use a health economics tool

  20. The approach curve method for large anode-cathode distances

    Energy Technology Data Exchange (ETDEWEB)

    Mammana, Victor P.; Monteiro, Othon R.; Fonseca, Leo R.C.

    2003-09-20

    An important technique used to characterize field emission is the measurement of the emitted current against electric field (IxE). In this work we discuss a procedure for obtaining IxE data based on multiple approach curves. We show that the simulated features obtained for an idealized uniform surface matches available experimental data for small anode-cathode distances, while for large distances the simulation predicts a departure from the linear regime. We also discuss the shape of the approach curves for large anode-cathode distances for a cathode made of carbon nanotubes.