WorldWideScience

Sample records for direct economic impact

  1. The Impact of Foreign Direct Investment on Economic Growth in the ...

    African Journals Online (AJOL)

    The main objective of this study is to determine the impact of Foreign Direct Investment (FDI) on the economic growth of the countries of the Economic Community of West African States (ECOWAS). The study utilised the fixed effects model to estimate regression coefficients of all ECOWAS countries between 2000 and 2009.

  2. The Impact of Foreign Direct Investments on Economic Growth in Romania

    Directory of Open Access Journals (Sweden)

    Adrian Petre

    2015-12-01

    Full Text Available One of the current priority objectives for Romania is the integration into euro zone. To achieve this objective, Romania must record progress on economic growth. Various empirical studies have analyzed the influence of foreign direct investment (FDI on economic growth to see whether investment flows positively influence the economic development. The results revealed that positive connection depends on certain features of the economy at a time. The purpose of this research is to highlight the impact of the FDIs on the Romanian economic development because the debates on capital flows, both in the political and academic environment, associate these flows with a number of benefits for beneficiary states. In order to fulfill the objective of this research is analyzed, mainly, the relationship between foreign direct investment (FDI and gross domestic product (GDP.

  3. Economic impact

    Energy Technology Data Exchange (ETDEWEB)

    Technology Transfer Department

    2001-06-01

    In federal fiscal year 2000 (FY00), Berkeley Lab had 4,347 full- and part-time employees. In addition, at any given time of the year, there were more than 1,000 Laboratory guests. These guests, who also reside locally, have an important economic impact on the nine-county Bay Area. However, Berkeley Lab's total economic impact transcends the direct effects of payroll and purchasing. The direct dollars paid to the Lab's employees in the form of wages, salaries, and benefits, and payments made to contractors for goods and services, are respent by employees and contractors again and again in the local and greater economy. Further, while Berkeley Lab has a strong reputation for basic scientific research, many of the Lab's scientific discoveries and inventions have had direct application in industry, spawning new businesses and creating new opportunities for existing firms. This analysis updates the Economic Impact Analysis done in 1996, and its purpose is to describe the economic and geographic impact of Laboratory expenditures and to provide a qualitative understanding of how Berkeley Lab impacts and supports the local community. It is intended as a guide for state, local, and national policy makers as well as local community members. Unless otherwise noted, this analysis uses data from FY00, the most recent year for which full data are available.

  4. Foreign direct investments and their impact on the economic development of Bosnia and Herzegovina

    Science.gov (United States)

    Susic, I.; Stojanovic-Trivanovic, M.; Susic, M.

    2017-05-01

    From the perspective of macroeconomic indicators, investment is a significant determinant of economic development in general, as well as the development indicator of economic entities in the micro segment. Investments are an essential element of any economic policy, because their implementation provides a platform not only for economic development, but also are prerequisite for the stability of economic and social trends. Foreign direct investment plays an important role in the financing of the global economy, and it represents the most frequent feature in financing the national economies of developing countries and countries in transition. Demand for foreign investment in the global market is large, and thus the governments have been conducting many activities in order to create a more favorable environment to attract investors. In this paper, special attention was paid to direct investments in financing the economy on a global scale, their importance for the development of the global economy and the impact of foreign direct investment in the economic development of Bosnia and Herzegovina. The major activities, which are necessary to be done to attract investments in the highest possible volume, have been emphasized. With the use of statistical and quantitative analysis, the paper shows that the inflow of foreign capital is one of the basic prerequisite of economic growth acceleration and that the inflow of foreign capital has a positive impact on the economic development of Bosnia and Herzegovina. By monitoring and analyzing the various instruments of foreign capital inflow, with an emphasis on investment in the free zone and a joint venture with foreign investors, it has been clearly pointed out the fact that they have diverse, but proven positive impact on macroeconomic variables in the economy of Bosnia and Herzegovina.

  5. Impact of Direct and Indirect Tax on the Nigerian Economic Growth

    Directory of Open Access Journals (Sweden)

    Oyebisi Mary Ogundana

    2017-11-01

    Full Text Available This research examined the direct and indirect impact of taxation on the Nigerian economic growth. This research centered on two major objectives by focusing on the trend of direct and indirect tax and the impact of the Nigerian tax system on the growth of the economy.  The research adopted the descriptive research design.  The secondary source of data was also engaged as this data was from CBN statistical bulletin and the annual reports from 1994-2013. The research also used the ordinary least square regression technique. With the use of E-views 7.1 to analyze the data, the first objective was achieved by using graphical analysis while the second objective used ordinary least square regression analysis. The results reveal that the direct and indirect tax have a positive impact on the economy of Nigeria. Therefore, it is recommended that government should take advantage of taxation and promote tax system in Nigeria.

  6. Foreign direct investment and their impact on economic development countries in transition

    Directory of Open Access Journals (Sweden)

    Marijana Joksimovic

    2017-07-01

    Full Text Available Foreign direct investment (FDI is among the key developmental factors that, along with international trade, contributes to the globalisation of the world economy and business. It is therefore necessary to ensure FDI improves economic development. Attracting investors, a favourable investment climate, and investment attractiveness compared to other countries in the region are some of the prerequisites for effective economic development of the Republic of Serbia. The authors in the paper analyse the impact of FDI on the economic development of Republic of Serbia. Based on available countries from 2012 to 2014, the paper presents a comparative view of the Republic of Serbia and the countries in the region.

  7. The direct economic impact of alternative types of the rural tourism

    Directory of Open Access Journals (Sweden)

    Simona Miškolci

    2005-01-01

    Full Text Available Rural tourism has come to occupy a prominent position in the debate about rural restructuring in all OECD countries, partly because of demand changes which favour rural tourism and partly because rural agencies recognise a need to provide economic activities with potential for growth in a rural economy in which traditional providers of rural employment (such as agriculture have been shedding labour at a rapid rate. Well-designed strategy is essential to its success in impacting on the rural economy. The structures for collaboration and co-operation must be developed and combined with a process of education and training. Co-operative effort must be effective and sustainable. The tourism related businesses should not be isolated from the larger community and its issues.The principal motivation for a community, business or region to serve tourists is generally economic. An individual business is interested primarily in its own revenues and costs, while a community or region is concerned with tourism’s overall contribution to the economy, as well as social, fiscal and environmental impacts. A good understanding of tourism’s economic impacts is therefore important for the tourism industry, government officials, and the community as a whole.The principal objective of the study, that is reported here, was to determine the potential income of farmers from the provision of agro-tourism services. First, the paper reviews selected results of the visitor spending survey in alternative types of rural tourism of the region Southeast (Czech Republic; second the direct economic benefit of the agro-tourism in this region is estimated, and finally, critical factors reducing the effectiveness of agro-tourism as a rural development instrument are drawn.

  8. Economic impacts of a California tsunami

    Science.gov (United States)

    Rose, Adam; Wing, Ian Sue; Wei, Dan; Wein, Anne

    2016-01-01

    The economic consequences of a tsunami scenario for Southern California are estimated using computable general equilibrium analysis. The economy is modeled as a set of interconnected supply chains interacting through markets but with explicit constraints stemming from property damage and business downtime. Economic impacts are measured by the reduction of Gross Domestic Product for Southern California, Rest of California, and U.S. economies. For California, total economic impacts represent the general equilibrium (essentially quantity and price multiplier) effects of lost production in industries upstream and downstream in the supply-chain of sectors that are directly impacted by port cargo disruptions at Port of Los Angeles and Port of Long Beach (POLA/POLB), property damage along the coast, and evacuation of potentially inundated areas. These impacts are estimated to be $2.2 billion from port disruptions, $0.9 billion from property damages, and $2.8 billion from evacuations. Various economic-resilience tactics can potentially reduce the direct and total impacts by 80–85%.

  9. ECONOMIC IMPACT OF CULTURAL TOURISM

    Directory of Open Access Journals (Sweden)

    Zrinka Zadel

    2013-12-01

    Full Text Available The subject of analysis in the paper is economic impact of cultural tourism and identification of the main factors which directly affect cultural tourism revenues. Most countries do not have a statistical system of monitoring and analysing individual factors of cultural tourism such as the number of arrivals of cultural tourists and consumption of cultural tourists. Therefore, it is hard to assess the economic impact of cultural tourism. In cultural tourism, cultural assets are prepared and placed on the tourist market, i.e. cultural resources are transformed into cultural tourism products. The main objective is fulfilling tourists' needs, and achieving positive effects which includes economic effects. Identification of the economic impact of cultural tourism is important because cultural resources have an inestimable value for the local community. Tourism valorisation should be used in order to achieve the necessary maximum effects with minimum negative impacts which tourism may leave on cultural resources. The objective of the paper is to identify the economic contribution of cultural tourism in the Republic of Croatia and to propose a model of identification of economic impact of cultural tourism.

  10. The evaluation of Foreign Direct Investments and their impact in the economics of some transition countries: the case of Kosovo

    OpenAIRE

    Halil Kukaj; Anera Alishani

    2017-01-01

    The Foreign Direct Investment is suggested to have a positive impact on the economic growth of many countries, especially in the transition countries such as Kosovo. During the last century, the world has witnessed remarkable growth of FDI because they impact positively the overall strategy for economic and social development. This article will provide a general review of the FDIs and will focus on their economic implication on the developing countries and especially in Kosovo and some other ...

  11. Economic impact of cultural tourism

    OpenAIRE

    Zadel, Zrinka; Bogdan, Sinisa

    2013-01-01

    The subject of analysis in the paper is economic impact of cultural tourism and identification of the main factors which directly affect cultural tourism revenues. Most countries do not have a statistical system of monitoring and analysing individual factors of cultural tourism such as the number of arrivals of cultural tourists and consumption of cultural tourists. Therefore, it is hard to assess the economic impact of cultural tourism. In cultural tourism, cultural assets are prepared and p...

  12. Foreign Direct Investment, Economic Freedom and Economic Performance in Sub-Saharan Africa

    Directory of Open Access Journals (Sweden)

    Kazeem Bello Ajide

    2015-03-01

    Full Text Available The controversies that trailed whether direct impact of Foreign Direct Investment (FDI on growth are conditional on a certain intermediating links or not, has made an inquiry into the likely mediating links in the FDI growth space a recurring subject of discourse.While the importance of institution has prominently featured as playing a vital role on the one hand, economic freedom (a key institutional component has consistently been elected, as a good candidate surrogate on the other hand. It is against this backdrop this study examines the effect of FDI inflow on economic performance in the SSA region giving prominence to economic freedom. The results support the view that economic freedom is germane in influencing the economic-wide performance in the region but have insignificant effects on the different sector performances. It is recommended that economic freedom be given priority in the region and FDI should be attracted to other sectors other than the primary sector, as it is the case.

  13. Economic impact of latent heat thermal energy storage systems within direct steam generating solar thermal power plants with parabolic troughs

    International Nuclear Information System (INIS)

    Seitz, M.; Johnson, M.; Hübner, S.

    2017-01-01

    Highlights: • Integration of a latent heat thermal energy storage system into a solar direct steam generation power cycle. • Parametric study of solar field and storage size for determination of the optimal layout. • Evaluation of storage impact on the economic performance of the solar thermal power plant. • Economic comparison of new direct steam generation plant layout with state-of-the-art oil plant layout. - Abstract: One possible way to further reduce levelized costs of electricity of concentrated solar thermal energy is to directly use water/steam as the primary heat transfer fluid within a concentrated collector field. This so-called direct steam generation offers the opportunity of higher operating temperatures and better exergy efficiency. A technical challenge of the direct steam generation technology compared to oil-driven power cycles is a competitive storage technology for heat transfer fluids with a phase change. Latent heat thermal energy storages are suitable for storing heat at a constant temperature and can be used for direct steam generation power plants. The calculation of the economic impact of an economically optimized thermal energy storage system, based on a latent heat thermal energy storage system with phase change material, is the main focus of the presented work. To reach that goal, a thermal energy storage system for a direct steam generation power plant with parabolic troughs in the solar field was thermally designed to determine the boundary conditions. This paper discusses the economic impact of the designed thermal energy storage system based on the levelized costs of electricity results, provided via a wide parametric study. A state-of-the-art power cycle with a primary and a secondary heat transfer fluid and a two-tank thermal energy storage is used as a benchmark technology for electricity generation with solar thermal energy. The benchmark and direct steam generation systems are compared to each other, based respectively

  14. The evaluation of Foreign Direct Investments and their impact in the economics of some transition countries: the case of Kosovo

    Directory of Open Access Journals (Sweden)

    Halil Kukaj

    2017-03-01

    Full Text Available The Foreign Direct Investment is suggested to have a positive impact on the economic growth of many countries, especially in the transition countries such as Kosovo. During the last century, the world has witnessed remarkable growth of FDI because they impact positively the overall strategy for economic and social development. This article will provide a general review of the FDIs and will focus on their economic implication on the developing countries and especially in Kosovo and some other Western Balkan countries. The paper will clarify the main causes of failure of foreign direct investments and will revile the importance of indicators that are mainly of institutional nature. It is estimated that FDIs impact the economic development of the host country through two main channels: firstly, FDIs increase the domestic capital and increase the efficiency through the improvement of managerial skills, the transfer of new technology or through the bringing of more effective marketing strategies, innovations and best practices, secondly: the effect of FDIs varies much from the specifications of the country in terms of their capacity to absorb the FDIs, the ability to diversify them and their ability to connect the FDIs with the domestic investments.

  15. The Impact of Foreign Direct Investments and Remittances on Economic Growth: A Case Study in Central and Eastern Europe

    Directory of Open Access Journals (Sweden)

    Calin-Adrian Comes

    2018-01-01

    Full Text Available This paper investigates the impact of Foreign Direct Investment (FDI and remittances on Economic Growth (EG, using panel data of seven countries from Central and Eastern Europe with a Gross Domestic Product (GDP per capita under 25,000 $. The empirical literature stressed the relationships between FDI and remittances and economic growth, and our purpose is to identify if there are significant relationships between FDI, remittances and economic growth in the seven analyzed countries. We find a positive impact of both FDI and remittances on GDP, but the influence of FDI is higher in all analyzed states, with accepting the assumption of ceteris paribus principles in limiting research caused by other possible determinants.

  16. Analysis of methods and models for assessing the direct and indirect economic impacts of CO/sub 2/-induced environmental changes in the agricultural sector of the US economy

    Energy Technology Data Exchange (ETDEWEB)

    Callaway, J.M.; Cronin, F.J.; Currie, J.W.; Tawil, J.

    1982-08-01

    The overall purpose of this research was to assist the US Department of Energy (DOE) in developing methods for assessing the direct and indirect economic impacts due to the effects of increases in the ambient concentration of CO/sub 2/ on agricultural production. First, a comprehensive literature search was undertaken to determine what types of models and methods have been developed, which could be effectively used to conduct assessments of the direct and indirect economic impacts of CO/sub 2/ buildup. Specific attention was focused upon models and methods for assessing the physical impacts of CO/sub 2/-induced environmental changes on crop yields; national and multi-regional agricultural sector models; and macroeconomic models of the US economy. The second task involved a thorough investigation of the research efforts being conducted by other public and private sector organizations in order to determine how more recent analytical methods being developed outside of DOE could be effectively integrated into a more comprehensive analysis of the direct economic impacts of CO/sub 2/ buildup. The third and final task involved synthesizing the information gathered in the first two tasks into a systematic framework for assessing the direct and indirect economic impacts of CO/sub 2/-induced environmental changes originating in the agricultural sector of the US economy. It is concluded that the direct economic impacts of CO/sub 2/ on the agricultural sector and the indirect economic impacts caused by spillover effects from agriculture to other sectors of the economy will be pervasive; however, the direction and magnitude of these impacts on producers and consumers cannot be determined a priori.

  17. Economic impact of GM crops

    Science.gov (United States)

    Brookes, Graham; Barfoot, Peter

    2014-01-01

    A key part of any assessment of the global value of crop biotechnology in agriculture is an examination of its economic impact at the farm level. This paper follows earlier annual studies which examined economic impacts on yields, key costs of production, direct farm income and effects, and impacts on the production base of the four main crops of soybeans, corn, cotton and canola. The commercialization of genetically modified (GM) crops has continued to occur at a rapid rate, with important changes in both the overall level of adoption and impact occurring in 2012. This annual updated analysis shows that there have been very significant net economic benefits at the farm level amounting to $18.8 billion in 2012 and $116.6 billion for the 17-year period (in nominal terms). These economic gains have been divided roughly 50% each to farmers in developed and developing countries. GM technology have also made important contributions to increasing global production levels of the four main crops, having added 122 million tonnes and 230 million tonnes respectively, to the global production of soybeans and maize since the introduction of the technology in the mid-1990s. PMID:24637520

  18. THE IMPACT OF THE ECONOMIC CRISIS ON FOREIGN DIRECT INVESTMENT IN ROMANIA

    Directory of Open Access Journals (Sweden)

    CIURLĂU LOREDANA

    2014-05-01

    Full Text Available Foreign Direct Investment (FDI bring an essential contribution to economic growth. They create jobs, optimize the allocation of resources, technology transfer and stimulate trade. Doing business in Romania needs friendly taxation and economic freedom for entrepreneurs, including to foreign investors, creating a favourable economic environment framework by promoting conditions conducive to attracting foreign investors, such as: fair treatment, fair and non-discriminatory manner; protection from illegal situated between kilometeres; the appeal directly to international arbitration, as well as the transformation of Romania into an attractive environment in terms of taxation.

  19. Economic impacts of geothermal development in Harney County, Oregon

    International Nuclear Information System (INIS)

    Sifford, A.; Beale, K.

    1991-12-01

    This study provides local economic impact estimates for a 100 megawatt (MW) geothermal power project in Oregon. The hypothetical project would be in Harney Count. Bonneville Power Administration commissioned this study to quantify such impacts as part of regional confirmation work recommended by the Northwest Power Planning Council and its advisors. Harney County was chosen as it has both identified resources and industry interest. Geothermal energy is defined as the heat of the earth. For purposes of this study, geothermal energy is heat capable of economically generating electricity (using available technology). That translates to steam or hot water over 300 degrees F. Local economic impacts include direct, indirect, and induced changes in the local economy. Direct economic impacts result from the costs of plant development, construction, and operation. Indirect impacts result from household and local government purchases. Induced impacts result from continued respending as goods and services to support the households and local governments are purchased. Employment impacts of geothermal development follow a pattern similar to the economic impacts. The workers associated with plant development bring their families to the area. Additional labor is required to provide support services for the new population. Local government services must also increase to support the new community growth and the geothermal plant itself. These changes yield indirect and induced employment impacts associated with the geothermal plant

  20. Economic impacts of geothermal development in Deschutes County, Oregon

    International Nuclear Information System (INIS)

    Sifford, A.; Beale, K.

    1991-12-01

    This study provides local economic impact estimates for a 100 megawatt (MW) geothermal power project in Oregon. The hypothetical project would be Deschutes County. Bonneville Power Administration commissioned this study to quantify such impacts as part of regional confirmation work recommended by the Northwest Power Planning Council and its advisors. Deschutes County was chosen as it has both identified resources and industry interest. Geothermal energy is defined as the heat of the earth. For purposes of this study, geothermal energy is heat capable of economically generating electricity (using available technology). That translates to steam or hot water over 300 degrees F. Local economical impacts include direct, indirect, and induced changes in the local economy. Direct economic impacts result for the costs of plant development, construction, and operation. Indirect impacts result from household and local government purchases. Induced impacts result from continued respending as goods and services to support the households and local governments are purchased. Employment impacts of geothermal development follow a pattern similar to the economic impacts. The workers associated with plant development bring their families to the area. Additional labor is required to provide support services for the new population. Local government services must also increase to support the new community growth and the geothermal plant itself. These changes yield indirect and induced employment impacts associated with the geothermal plant

  1. Economic Impacts of Geothermal Development in Deschutes County, Oregon.

    Energy Technology Data Exchange (ETDEWEB)

    Sifford, Alex; Beale, Kasi

    1991-12-01

    This study provides local economic impact estimates for a 100 megawatt (MW) geothermal power project in Oregon. The hypothetical project would be Deschutes County. Bonneville Power Administration commissioned this study to quantify such impacts as part of regional confirmation work recommended by the Northwest Power Planning Council and its advisors. Deschutes County was chosen as it has both identified resources and industry interest. Geothermal energy is defined as the heat of the earth. For purposes of this study, geothermal energy is heat capable of economically generating electricity (using available technology). That translates to steam or hot water over 300{degrees}F. Local economical impacts include direct, indirect, and induced changes in the local economy. Direct economic impacts result for the costs of plant development, construction, and operation. Indirect impacts result from household and local government purchases. Induced impacts result from continued respending as goods and services to support the households and local governments are purchased. Employment impacts of geothermal development follow a pattern similar to the economic impacts. The workers associated with plant development bring their families to the area. Additional labor is required to provide support services for the new population. Local government services must also increase to support the new community growth and the geothermal plant itself. These changes yield indirect and induced employment impacts associated with the geothermal plant.

  2. Economic Impacts of Geothermal Development in Harney County, Oregon.

    Energy Technology Data Exchange (ETDEWEB)

    Sifford, Alex; Beale, Kasi

    1991-12-01

    This study provides local economic impact estimates for a 100 megawatt (MW) geothermal power project in Oregon. The hypothetical project would be in Harney Count. Bonneville Power Administration commissioned this study to quantify such impacts as part of regional confirmation work recommended by the Northwest Power Planning Council and its advisors. Harney County was chosen as it has both identified resources and industry interest. Geothermal energy is defined as the heat of the earth. For purposes of this study, geothermal energy is heat capable of economically generating electricity (using available technology). That translates to steam or hot water over 300{degrees}F. Local economic impacts include direct, indirect, and induced changes in the local economy. Direct economic impacts result from the costs of plant development, construction, and operation. Indirect impacts result from household and local government purchases. Induced impacts result from continued respending as goods and services to support the households and local governments are purchased. Employment impacts of geothermal development follow a pattern similar to the economic impacts. The workers associated with plant development bring their families to the area. Additional labor is required to provide support services for the new population. Local government services must also increase to support the new community growth and the geothermal plant itself. These changes yield indirect and induced employment impacts associated with the geothermal plant.

  3. Foreign Direct Investment, Host Country Factors and Economic Growth

    OpenAIRE

    Edna Maeyen Solomon

    2011-01-01

    This paper analyses how the levels of economic development, human capital, financial development and the qualities of the economic and political environments in host countries simultaneously affects the impact of aggregate inflows of Foreign Direct Investment (FDI) on economic growth. Multiple interaction terms are employed between inward FDI and each of the host country factors mentioned above. The System GMM estimator is applied to a panel of 111 countries from 1981 to 2005. The results sho...

  4. Global Economic Impact of Dental Diseases.

    Science.gov (United States)

    Listl, S; Galloway, J; Mossey, P A; Marcenes, W

    2015-10-01

    Reporting the economic burden of oral diseases is important to evaluate the societal relevance of preventing and addressing oral diseases. In addition to treatment costs, there are indirect costs to consider, mainly in terms of productivity losses due to absenteeism from work. The purpose of the present study was to estimate the direct and indirect costs of dental diseases worldwide to approximate the global economic impact. Estimation of direct treatment costs was based on a systematic approach. For estimation of indirect costs, an approach suggested by the World Health Organization's Commission on Macroeconomics and Health was employed, which factored in 2010 values of gross domestic product per capita as provided by the International Monetary Fund and oral burden of disease estimates from the 2010 Global Burden of Disease Study. Direct treatment costs due to dental diseases worldwide were estimated at US$298 billion yearly, corresponding to an average of 4.6% of global health expenditure. Indirect costs due to dental diseases worldwide amounted to US$144 billion yearly, corresponding to economic losses within the range of the 10 most frequent global causes of death. Within the limitations of currently available data sources and methodologies, these findings suggest that the global economic impact of dental diseases amounted to US$442 billion in 2010. Improvements in population oral health may imply substantial economic benefits not only in terms of reduced treatment costs but also because of fewer productivity losses in the labor market. © International & American Associations for Dental Research 2015.

  5. Economic impacts of geothermal development in Malheur County, Oregon

    International Nuclear Information System (INIS)

    Sifford, A.; Beale, K.

    1993-01-01

    This study provides local economic impact estimates for a 100 megawatt (MW) geothermal power project in Oregon. The hypothetical project would be in Malheur County, shown in Figure 1. Bonneville Power Administration commissioned this study to quantify such impacts as part of regional confirmation work recommended by the Northwest Power Planning Council and its advisors. Malheur County was chosen as it has both identified resources and industry interest. Local economic impacts include direct, indirect, and induced changes in the local economy. Direct economic impacts result from the costs of plant development, construction, and operation. Indirect impacts result from household and local government purchases. Induced impacts result from continued responding as goods and services to support the households and local governments are purchased. Employment impacts of geothermal development follow a pattern similar to the economic impacts. Public service impacts include costs such as education, fire protection, roads, waste disposal, and water supply. The project assumption discussion notes experiences at other geothermal areas. The background section compares geothermal with conventional power plants. Power plant fuel distinguishes geothermal from other power sources. Other aspects of development are similar to small scale conventional thermal sources. The process of geothermal development is then explained. Development consists of well drilling, gathering system construction, power plant construction, plant operation and maintenance, and wellfield maintenance

  6. THE ECONOMIC IMPACT ON GLOBAL TOURISM

    Directory of Open Access Journals (Sweden)

    Bogdan Sofronov

    2017-07-01

    Full Text Available Tourism is an important economic activity in most countries around the world. As well as its direct economic impact,the industry has significant indirect and induced impacts. The outlook for the Tourism sector in 2017 remains robust and will continue to be at the forefront of wealth and employment creation in the global economy, despite the emergence of a number of challenging headwinds. In tourism, GDP growth is expected to accelerate to 3.8%, up from 3.1% in 2016. As nations seem to be looking increasingly inward, putting in place barriers to trade and movement of people, the role of Tourism becomes even more significant, as an engine of economic development and as a vehicle for sharing cultures, creating peace, and building mutual understanding.

  7. THE ECONOMIC IMPACT ON GLOBAL TOURISM

    Directory of Open Access Journals (Sweden)

    Bogdan Sofronov

    2017-06-01

    Full Text Available Tourism is an important economic activity in most countries around the world. As well as its direct economic impact,the industry has significant indirect and induced impacts. The outlook for the Tourism sector in 2017 remains robust and will continue to be at the forefront of wealth and employment creation in the global economy, despite the emergence of a number of challenging headwinds. In tourism, GDP growth is expected to accelerate to 3.8%, up from 3.1% in 2016. As nations seem to be looking increasingly inward, putting in place barriers to trade and movement of people, the role of Tourism becomes even more significant, as an engine of economic development and as a vehicle for sharing cultures, creating peace, and building mutual understanding.

  8. IMPACT OF ECONOMIC CRISIS ON FDI

    Directory of Open Access Journals (Sweden)

    Elena V. CHIRILA DONCIU

    2014-04-01

    Full Text Available The economic crisis has had a severe impact on the economy worldwide. The investment activity has strongly felt the crisis and caused dramatic changes in the hierarchy of large investors. The financial system did not have availability for credits and funding from companies' own resources was extremely limited in terms of reducing profits. The purpose of the paper is the analysis of global foreign direct investment under the effect of the largest financial and economic crisis. The research results show a dramatic decline in foreign direct investments flows perceived and generated in 2009, and the fact that since 2010 there has been an easy comeback.

  9. The Socio‑economic Impact of Stroke on Households in Livingstone ...

    African Journals Online (AJOL)

    The Socio‑economic Impact of Stroke on Households in Livingstone District, Zambia: A Cross‑sectional Study. ... Annals of Medical and Health Sciences Research ... socio‑economic burden of the disease in terms of its impacts on the individual, family and community both directly and indirectly in Sub‑Sahara Africa region ...

  10. The reform of the European energy tax directive: Exploring potential economic impacts in the EU27

    International Nuclear Information System (INIS)

    Rocchi, Paola; Serrano, Mònica; Roca, Jordi

    2014-01-01

    The aim of this study is to analyze the effect that the Energy Tax Directive reform proposed in 2011 would have, if implemented, on the level of prices in the different sectors of the 27 countries of the European Union. We apply a multiregional and multisectoral model of trade flows that takes into account all the intersectoral and intercountry interdependences in the production processes. Using the World Input–Output Database we perform two different simulations. The first one considers the tax changes proposed by the reform; the second one shows the impact the reform would have entailed if it were applied also to sectors belonging to the European Trade System. The main finding of the first simulation shows that the new energy tax regime would have had a low economic cost in terms of impact on prices (less than 1% in all the countries). So, the concerns about competitiveness do not find empirical support in our results, suggesting the need for further analyses to find out the reasons that caused the failure of a reform that was an important step to introduce a taxation explicitly linked to CO 2 emissions. The second simulation, however, leads to strongly different results, pointing out the relevance of maintaining significant economic incentives to reduce carbon emissions for the European Trade System sectors, by improving the emission market performance or by applying carbon taxation also to these sectors. - Highlights: • We analyze the reform of the European energy tax proposed in 2011, rejected in 2012. • We simulate what potential economic effect this reform would have if implemented. • We find that this reform would have weak effects on prices in all 27 EU countries. • We study the effect of the reform if applied to European emission market sectors. • In this second scenario, the economic impacts would have been much stronger

  11. Using monetary measurement of environmental impacts within economic reporting system

    International Nuclear Information System (INIS)

    Dovenmuehle, Timo R.H. von der

    2013-01-01

    Ecologic sustainability is not the only goal of an organization - there are the goals of social and economic sustainability, too. It is sad, but true: every action in one direction seems to have a negative impact to the other two dimensions. In this paper, a measurement methodology purely based on economic impacts is discussed. The goal is to minimize the gap betwen the dimensions ecologic and economic sustainability. It is based on the idea of an economic ecology, where the impact to the environment is measured by financial indicators. The definition of these indicators is based on the impact to the social environment, which allows this method to take care of the dimension of social sustainability, too. (orig.)

  12. Using monetary measurement of environmental impacts within economic reporting system

    Energy Technology Data Exchange (ETDEWEB)

    Dovenmuehle, Timo R.H. von der [Volkswagen AG, Wolfsburg (Germany)

    2013-07-01

    Ecologic sustainability is not the only goal of an organization - there are the goals of social and economic sustainability, too. It is sad, but true: every action in one direction seems to have a negative impact to the other two dimensions. In this paper, a measurement methodology purely based on economic impacts is discussed. The goal is to minimize the gap betwen the dimensions ecologic and economic sustainability. It is based on the idea of an economic ecology, where the impact to the environment is measured by financial indicators. The definition of these indicators is based on the impact to the social environment, which allows this method to take care of the dimension of social sustainability, too. (orig.)

  13. Regional economic impacts of Grand Canyon river runners.

    Science.gov (United States)

    Hjerpe, Evan E; Kim, Yeon-Su

    2007-10-01

    Economic impact analysis (EIA) of outdoor recreation can provide critical social information concerning the utilization of natural resources. Outdoor recreation and other non-consumptive uses of resources are viewed as environmentally friendly alternatives to extractive-type industries. While outdoor recreation can be an appropriate use of resources, it generates both beneficial and adverse socioeconomic impacts on rural communities. The authors used EIA to assess the regional economic impacts of rafting in Grand Canyon National Park. The Grand Canyon region of northern Arizona represents a rural US economy that is highly dependent upon tourism and recreational expenditures. The purpose of this research is twofold. The first is to ascertain the previously unknown regional economic impacts of Grand Canyon river runners. The second purpose is to examine attributes of these economic impacts in terms of regional multipliers, leakage, and types of employment created. Most of the literature on economic impacts of outdoor recreation has focused strictly on the positive economic impacts, failing to illuminate the coinciding adverse and constraining economic impacts. Examining the attributes of economic impacts can highlight deficiencies and constraints that limit the economic benefits of recreation and tourism. Regional expenditure information was obtained by surveying non-commercial boaters and commercial outfitters. The authors used IMPLAN input-output modeling to assess direct, indirect, and induced effects of Grand Canyon river runners. Multipliers were calculated for output, employment, and income. Over 22,000 people rafted on the Colorado River through Grand Canyon National Park in 2001, resulting in an estimated $21,100,000 of regional expenditures to the greater Grand Canyon economy. However, over 50% of all rafting-related expenditures were not captured by the regional economy and many of the jobs created by the rafting industry are lower-wage and seasonal. Policy

  14. [Assessing the economic impact of cancer in Chile: a direct and indirect cost measurement based on 2009 registries].

    Science.gov (United States)

    Cid, Camilo; Herrera, Cristian; Rodríguez, Rodrigo; Bastías, Gabriel; Jiménez, Jorge

    2016-08-02

    This paper aims to determine the economic impact that cancer represents to Chile, exploring the share of costs for the most important cancers and the differences between the public and private sector. We used the cost of illness methodology, through the assessment of the direct and indirect costs associated with cancer treatment. Data was obtained from 2009 registries of the Chilean Ministry of Health and the Superintendence of Health. Indirect costs were calculated by days of job absenteeism and potential years of life lost. Over US$ 2.1 billion were spent on cancer in 2009, which represents almost 1% of Chile’s Gross Domestic Product. The direct per capita cost was US$ 47. Indirect costs were 1.92 times more than direct costs. The three types of cancer that embody the highest share of costs were gastric cancer (17.6%), breast cancer (7%) and prostate cancer (4.2%) in the public sector, and breast cancer (14%), lung cancer (7.5%) and prostate cancer (4.1%) in the private sector. On average men spent 30.33% more than women. There are few studies of this kind in Chile and the region. The country can be classified as having a cancer economic impact below the average of those in European Union countries. We expect that this information can be used to develop access policies and resource allocation decision making, and as a first step into further cancer-costing studies in Chile and the Latin American and Caribbean region.

  15. Towards improved socio-economic assessments of ocean acidification's impacts.

    Science.gov (United States)

    Hilmi, Nathalie; Allemand, Denis; Dupont, Sam; Safa, Alain; Haraldsson, Gunnar; Nunes, Paulo A L D; Moore, Chris; Hattam, Caroline; Reynaud, Stéphanie; Hall-Spencer, Jason M; Fine, Maoz; Turley, Carol; Jeffree, Ross; Orr, James; Munday, Philip L; Cooley, Sarah R

    2013-01-01

    Ocean acidification is increasingly recognized as a component of global change that could have a wide range of impacts on marine organisms, the ecosystems they live in, and the goods and services they provide humankind. Assessment of these potential socio-economic impacts requires integrated efforts between biologists, chemists, oceanographers, economists and social scientists. But because ocean acidification is a new research area, significant knowledge gaps are preventing economists from estimating its welfare impacts. For instance, economic data on the impact of ocean acidification on significant markets such as fisheries, aquaculture and tourism are very limited (if not non-existent), and non-market valuation studies on this topic are not yet available. Our paper summarizes the current understanding of future OA impacts and sets out what further information is required for economists to assess socio-economic impacts of ocean acidification. Our aim is to provide clear directions for multidisciplinary collaborative research.

  16. Socio-economic expenditure impacts report

    International Nuclear Information System (INIS)

    2004-01-01

    The direct and indirect employment and employment income that can result from lifting the moratorium on British Columbia's west coast were estimated. Jobs and income are the two socio-economic benefits that generate the most concern at the local, provincial and national levels. The estimates are based on the development scenarios of one natural gas project in the Hecate Strait, and one oil project in the Queen Charlotte Sound. It was noted that a significant component of the potential socio-economic benefits from offshore development in British Columbia will result from project investment expenditures. Statistics Canada's Input-Output Model was used to assess the total expenditure impacts at the national and provincial levels. The indirect impacts are relatively more important to the local economy because they deal mainly with accommodation, food, beverage, and transportation. The total impacts can be measured in terms of total revenues, gross domestic product, and wages and salaries. The nature of supplier services that may be required were also identified. It was estimated that with the combined impacts of construction and operations, the total Canadian gross domestic product will increase by $3.0 billion, most of which will accrue to British Columbia. refs., tabs., figs

  17. Impact of foreign direct investment volatility on economic growth of asean-5 countries

    OpenAIRE

    Chee-keong Choong; Venus khim-sen Liew

    2009-01-01

    This study examines the impact of volatility of FDI, rather than its level on the economic growth of ASEAN-5 countries. Using bounds testing approach, we show that FDI volatility retards long-run economic growth in Indonesia, Malaysia, the Philippines and Thailand. Our results suggest that the economic growth of Indonesia is the most susceptible to the adverse effect of FDI volatility. These findings, which are robust to different measures of FDI volatility, are of concern in dealing with the...

  18. Economic Impacts and Business Opportunities | NREL

    Science.gov (United States)

    Economic Impacts and Business Opportunities Economic Impacts and Business Opportunities NREL corporations alike. Colorado flag Economic Impact The economic impact of NREL operations on the nation totaled Jefferson County where the economic benefit totaled $275 million in 2014. Growth chart Economic Benefit NREL

  19. Economic Impact of Nuclear Power Plant in The Operational

    International Nuclear Information System (INIS)

    Sriyana

    2004-01-01

    Study on economic impact of nuclear power plant in the operational stage, in Madura has been conducted. The object of the study is SMART technology which is coupled with desalination installation. The power capacity is 2 x 100 M We and the water production capacity is 4 x 10,000 m 3 /day. This technology has been developed by Korea, but until recently there is no units in construction or operation. Input-Output analysis model is applied as the methodology of this study. Economic sector is aggregated from 56 x 56 to 10 x 10. This aggregation is meant to reduce the uncertainty in long term projection. This study conclude that : (1) In the operational stage SMART Nuclear Power Desalination will give an output to local economic about Rp 908.12 billion per year. (2) Electricity and water production will provide output direct impact to Madura about Rp. 1,234 trillion and will give direct impact to Regional Product Domestic Bruto (PDRB) about Rp. 138.7 billion. (3) Output impact to the electricity sector and fresh water sector is about 5.37% and 1.57% compared to PDRB 2018. (author)

  20. Socio/economic/ecological impacts of nuclear power plants

    International Nuclear Information System (INIS)

    Golden, J.; Watson, J.

    1975-01-01

    A nuclear facility has both radiological and non-radiological effects on the environment. To minimize radiological effects, limits are set on releases of radioactive materials that will cause either direct or indirect exposure (such as the food chain). Exposure pathways for man and other organisms are described with comparisons of typical calculated doses and design objective doses. Non-radiological impacts of nuclear plants are classified as ecological-physical and socio/economic considerations, which include eighteen areas affected during each phase of the nuclear facility cycle. The ecological-physical environment is impacted in the areas of hydrology, terrestrial and aquatic ecology, and air and water quality. The socio-economic environment is impacted in areas of land use, tax base, employment, economic stimulus, relocation, lifestyle, demand for service, aesthetics, and power needs. Case studies of large construction projects are described in the appendix

  1. Economic impact of cystic echinococcosis in peru.

    Science.gov (United States)

    Moro, Pedro L; Budke, Christine M; Schantz, Peter M; Vasquez, Julio; Santivañez, Saul J; Villavicencio, Jaime

    2011-05-01

    Cystic echinococcosis (CE) constitutes an important public health problem in Peru. However, no studies have attempted to estimate the monetary and non-monetary impact of CE in Peruvian society. We used official and published sources of epidemiological and economic information to estimate direct and indirect costs associated with livestock production losses and human disease in addition to surgical CE-associated disability adjusted life years (DALYs) lost. The total estimated cost of human CE in Peru was U.S.$2,420,348 (95% CI:1,118,384-4,812,722) per year. Total estimated livestock-associated costs due to CE ranged from U.S.$196,681 (95% CI:141,641-251,629) if only direct losses (i.e., cattle and sheep liver destruction) were taken into consideration to U.S.$3,846,754 (95% CI:2,676,181-4,911,383) if additional production losses (liver condemnation, decreased carcass weight, wool losses, decreased milk production) were accounted for. An estimated 1,139 (95% CI: 861-1,489) DALYs were also lost due to surgical cases of CE. This preliminary and conservative assessment of the socio-economic impact of CE on Peru, which is based largely on official sources of information, very likely underestimates the true extent of the problem. Nevertheless, these estimates illustrate the negative economic impact of CE in Peru.

  2. Economic impact of cystic echinococcosis in peru.

    Directory of Open Access Journals (Sweden)

    Pedro L Moro

    2011-05-01

    Full Text Available BACKGROUND: Cystic echinococcosis (CE constitutes an important public health problem in Peru. However, no studies have attempted to estimate the monetary and non-monetary impact of CE in Peruvian society. METHODS: We used official and published sources of epidemiological and economic information to estimate direct and indirect costs associated with livestock production losses and human disease in addition to surgical CE-associated disability adjusted life years (DALYs lost. FINDINGS: The total estimated cost of human CE in Peru was U.S.$2,420,348 (95% CI:1,118,384-4,812,722 per year. Total estimated livestock-associated costs due to CE ranged from U.S.$196,681 (95% CI:141,641-251,629 if only direct losses (i.e., cattle and sheep liver destruction were taken into consideration to U.S.$3,846,754 (95% CI:2,676,181-4,911,383 if additional production losses (liver condemnation, decreased carcass weight, wool losses, decreased milk production were accounted for. An estimated 1,139 (95% CI: 861-1,489 DALYs were also lost due to surgical cases of CE. CONCLUSIONS: This preliminary and conservative assessment of the socio-economic impact of CE on Peru, which is based largely on official sources of information, very likely underestimates the true extent of the problem. Nevertheless, these estimates illustrate the negative economic impact of CE in Peru.

  3. Economic impacts study

    Energy Technology Data Exchange (ETDEWEB)

    Brunsen, W.; Worley, W.; Frost, E.

    1988-09-30

    This is a progress report on the first phase of a project to measure the economic impacts of a rapidly changing U.S. target base. The purpose of the first phase is to designate and test the macroeconomic impact analysis model. Criteria were established for a decision-support model. Additional criteria were defined for an interactive macroeconomic impact analysis model. After a review of several models, the Economic Impact Forecast System model of the U.S. Army Construction Research Laboratory was selected as the appropriate input-output tool that can address local and regional economic analysis. The model was applied to five test cases to demonstrate its utility and define possible revisions to meet project criteria. A plan for EIFS access was defined at three levels. Objectives and tasks for scenario refinement are proposed.

  4. The Economic Impact of Coal Mining in New Mexico

    Energy Technology Data Exchange (ETDEWEB)

    Peach, James; Starbuck, C.

    2009-06-01

    The economic impact of coal mining in New Mexico is examined in this report. The analysis is based on economic multipliers derived from an input-output model of the New Mexico economy. The direct, indirect, and induced impacts of coal mining in New Mexico are presented in terms of output, value added, employment, and labor income for calendar year 2007. Tax, rental, and royalty income to the State of New Mexico are also presented. Historical coal production, reserves, and price data are also presented and discussed. The impacts of coal-fired electricity generation will be examined in a separate report.

  5. Economic Drought Impact on Agriculture: analysis of all agricultural sectors affected

    Science.gov (United States)

    Gil, M.; Garrido, A.; Hernández-Mora, N.

    2012-04-01

    The analysis of drought impacts is essential to define efficient and sustainable management and mitigation. In this paper we present a detailed analysis of the impacts of the 2004-2008 drought in the agricultural sector in the Ebro river basin (Spain). An econometric model is applied in order to determine the magnitude of the economic loss attributable to water scarcity. Both the direct impacts of drought on agricultural productivity and the indirect impacts of drought on agricultural employment and agroindustry in the Ebro basin are evaluated. The econometric model measures losses in the economic value of irrigated and rainfed agricultural production, of agricultural employment and of Gross Value Added both from the agricultural sector and the agro-industrial sector. The explanatory variables include an index of water availability (reservoir storage levels for irrigated agriculture and accumulated rainfall for rainfed agriculture), a price index representative of the mix of crops grown in each region, and a time variable. The model allows for differentiating the impacts due to water scarcity from other sources of economic losses. Results show how the impacts diminish as we approach the macro-economic indicators from those directly dependent on water abstractions and precipitation. Sectors directly dependent on water are the most affected with identifiable economic losses resulting from the lack of water. From the management perspective implications of these findings are key to develop mitigation measures to reduce drought risk exposure. These results suggest that more open agricultural markets, and wider and more flexible procurement strategies of the agro-industry reduces the socio-economic exposure to drought cycles. This paper presents the results of research conducted under PREEMPT project (Policy relevant assessment of the socioeconomic effects of droughts and floods, ECHO - grant agreement # 070401/2010/579119/SUB/C4), which constitutes an effort to provide

  6. Economic impacts of climate change in the U.S

    International Nuclear Information System (INIS)

    Neumann, J.

    1997-01-01

    Results of a long-term research project funded by EPRI to study the economic impacts of climate change in the U.S. were described. In 1992, Industrial Economics Inc., began an assessment of the impact of climate change in key natural resource sectors. A wide range of uniform climate scenarios were used to assess sensitivity across different temperature and precipitation gradients. Estimates were developed for the 2060 economy, using dynamic models to understand what was happening along the transient. It was projected that the greatest impact of climate change would be on the agricultural sector because of projected gains in productivity, mainly due to increased precipitation. Similar scenarios were developed for the economic impact of climate change on timber and coastal structures, including the loss of value of coastal property. Key limitations of the study, and future directions in research (e.g. extending the study to health and non-market impacts, including other developed and developing countries) were also outlined

  7. Interaction of Economic Freedom and Foreign Direct Investment Globally: Special Cases from Neglected Regions

    Directory of Open Access Journals (Sweden)

    Yhlas Sovbetov

    2017-06-01

    Full Text Available This paper studies the macroeconomic impact of economic freedom on foreign direct investments inflows in both global and regional panel analyses involving 156 countries through the period of 1995-2016. Unlike to prior literature, it includes often neglected nations such as Fragile and Conflict-Affected states, Sub-Saharan, Oceanian, and Post-Soviet countries. The paper finds a positive impact of economic freedom on FDI under fixed-effects model in global case where a unit change in economic freedom scales FDI inflows up to 1.15 units. More specifically, all 9 regions also refer to positive and significant impact of economic freedom on FDI. The highest impact is recorded in European countries, whereas the lowest ones are documented in Fragile-Conflict affected states, Sub-Saharan zone, and Oceanian countries.

  8. The Impact of FDI on the Economic Growth of Serbia

    Directory of Open Access Journals (Sweden)

    Miloš Parežanin

    2016-05-01

    Full Text Available This paper analyzes the impact of foreign direct investment on the economic growth of the Republic of Serbia. The aim is to analyze the effects of the economic crisis on foreign direct investment impact on the economic performance of the Serbian economy. This paper analyzes the period of 2000 - 2014, using the Inward FDI Performance Index and Pearson’s coefficient of simple linear correlation. The period before the economic crises (2000-2007 and the period after the beginning of the economic crisis (2008-2014 are analyzed separately, in order to observe the linear correlation between FDI and economic growth. The results of the research speak in favor of the existence of a strong and statistically significant correlation between FDI and observed macroeconomic indicators in the period of 2000-2007. The second sub-period was characterized by an absence correlation between FDI inflows and all the observed macroeconomic indicators. The results for the period of 2008-2014 can be explained by the effects of the global crisis on the Serbian economy and the deterioration of all macroeconomic indicators in the given period. Effects of the crisis on the Serbian economy were very strong.

  9. Economic impact of university veterinary diagnostic laboratories: A case study.

    Science.gov (United States)

    Schulz, Lee L; Hayes, Dermot J; Holtkamp, Derald J; Swenson, David A

    2018-03-01

    Veterinary diagnostic laboratories (VDLs) play a significant role in the prevention and mitigation of endemic animal diseases and serve an important role in surveillance of, and the response to, outbreaks of transboundary and emerging animal diseases. They also allow for business continuity in livestock operations and help improve human health. Despite these critical societal roles, there is no academic literature on the economic impact of VDLs. We present a case study on the economic impact of the Iowa State University Veterinary Diagnostic Laboratory (ISUVDL). We use economic contribution analysis coupled with a stakeholder survey to estimate the impact. Results suggest that the ISUVDL is responsible for $2,162.46 million in direct output, $2,832.45 million in total output, $1,158.19 million in total value added, and $31.79 million in state taxes in normal years. In an animal health emergency this increases to $8,446.21 million in direct output, $11,063.06 million in total output, $4,523.70 million in total value added, and $124.15 million in state taxes. The ISUVDL receives $4 million annually as a direct state government appropriation for operating purposes. The $31.79 million in state taxes in normal years and the $124.15 million in state taxes in an animal health emergency equates to a 795% and 3104% return on investment, respectively. Estimates of the economic impact of the ISUVDL provide information to scientists, administrators, and policymakers regarding the efficacy and return on investment of VDLs. Copyright © 2018 Elsevier B.V. All rights reserved.

  10. Petroleum Refinery Jobs and Economic Development Impact (JEDI) Model User Reference Guide

    Energy Technology Data Exchange (ETDEWEB)

    Goldberg, Marshall [MRG and Associates, Nevada City, CA (United States)

    2013-12-31

    The Jobs and Economic Development Impact (JEDI) models, developed through the National Renewable Energy Laboratory (NREL), are user-friendly tools utilized to estimate the economic impacts at the local level of constructing and operating fuel and power generation projects for a range of conventional and renewable energy technologies. The JEDI Petroleum Refinery Model User Reference Guide was developed to assist users in employing and understanding the model. This guide provides information on the model's underlying methodology, as well as the parameters and references used to develop the cost data utilized in the model. This guide also provides basic instruction on model add-in features, operation of the model, and a discussion of how the results should be interpreted. Based on project-specific inputs from the user, the model estimates job creation, earning and output (total economic activity) for a given petroleum refinery. This includes the direct, indirect and induced economic impacts to the local economy associated with the refinery's construction and operation phases. Project cost and job data used in the model are derived from the most current cost estimations available. Local direct and indirect economic impacts are estimated using economic multipliers derived from IMPLAN software. By determining the regional economic impacts and job creation for a proposed refinery, the JEDI Petroleum Refinery model can be used to field questions about the added value refineries may bring to the local community.

  11. The Economic impact of ME/CFS: Individual and societal costs

    OpenAIRE

    Jason, Leonard A; Benton, Mary C; Valentine, Lisa; Johnson, Abra; Torres-Harding, Susan

    2008-01-01

    Background ME/CFS is characterized by debilitating fatigue in addition to other physical and cognitive symptoms. It is estimated to affect over 800,000 adults in the U.S. ME/CFS often results in diminished functionality and increased economic impact. The economic impact of an illness is generally divided into two categories: direct and indirect costs. Despite high prevalence rates and the disabling nature of the illness, few studies have examined the costs of ME/CFS at the individual and soci...

  12. The global economic impact of manta ray watching tourism.

    Science.gov (United States)

    O'Malley, Mary P; Lee-Brooks, Katie; Medd, Hannah B

    2013-01-01

    As manta rays face increased threats from targeted and bycatch fisheries, manta ray watching tourism, if managed properly, may present an attractive economic alternative to consumptive use of these species. Both species in the genus Manta (Manta alfredi and Manta birostris) are classified by the International Union for the Conservation of Nature Red List as species Vulnerable to extinction in the wild, and are considered unsustainable as fisheries resources due to their conservative life history characteristics, which considerably reduce their ability to recover population numbers when depleted. Utilising dive operator surveys, Internet research, and a literature review, this study provides the first global estimate of the direct economic impact of manta ray watching tourism and examines the potential socio-economic benefits of non-consumptive manta ray watching operations relative to consumptive use of manta rays as a fishery resource. In the 23 countries in which manta ray watching operations meeting our criteria were identified, we estimated direct revenue to dive operators from manta ray dives and snorkels at over US$73 million annually and direct economic impact, including associated tourism expenditures, of US$140 million annually. Ten countries account for almost 93% of the global revenue estimate, specifically Japan, Indonesia, the Maldives, Mozambique, Thailand, Australia, Mexico, United States, Federated States of Micronesia and Palau. In many of the areas where directed fisheries for manta rays are known to occur, these activities overlap with manta ray tourism sites or the migratory range of the mantas on which these sites depend, and are likely to be unsustainable and detrimental to manta ray watching tourism.

  13. HOW TO SUSTAIN ECONOMIC PERFORMANCE? ECONOMIC GROWTH AND ITS IMPACT FACTORS

    Directory of Open Access Journals (Sweden)

    OANA SIMONA HUDEA (CARAMAN

    2012-05-01

    Full Text Available This paper intends to render several important factors of impact on economic growth and to describe the particular types of relationships of the latter with each one of its influencing elements. In order to correctly determine such issue, we have resorted to three carefully selected models that have been estimated and compared so as to identify the most adequate and representative regression. For this purpose we have performed an analysis based on cross-section annual data for 105 countries spread all over the world. After having tested and rejected certain exogenous variables initially considered, such as imports or exports, we have finally retained the external debt and foreign direct investments as explanatory items of the dependent variable. The results revealed that both of them positively affect the gross domestic product of the analysed countries, this one being inelastic in relation to the exogenous variables considered. Even if the relationship between the economic growth and the external debt of a country is usually negative, as the money exit out of the country due to the debt service causes non-achieved potential investments, yet, there is an inflexion point up to which the external debt has a positive influence on economic growth by the increase of the investments funds acquired as result of the external credit contracting, this being the case reflected by our study. As for the relationship existing between foreign direct investments and GDP, the economic theory confirms that FDI and economic growth are directly correlated, the former contributing to technical progress, production increase and, finally, to the improvement of the living standard.

  14. Economic impacts of geothermal development in Skamania County, Washington

    International Nuclear Information System (INIS)

    Lesser, J.A.

    1992-07-01

    This report estimates the local economic impacts that could be anticipated from the development of a 100 megawatt (MW) geothermal power plant in eastern Skamania County, Washington, near Mt. Adams, as shown in Figure 1. The study was commissioned by the Bonneville Power Administration to quantify such impacts as part of regional confirmation work recommended by the Northwest Power Planning Council. Skamania County was chosen due to both identified geothermal resources and developer interest. The analysis will focus on two phases: a plant construction phase, including well field development, generating plant construction, and transmission line construction; and an operations phase. Economic impacts will occur to the extent that construction and operations affect the local economy. These impacts will depend on the existing structure of the Skamania County economy and estimates of revenues that may accrue to the county as a result of plant construction, operation, and maintenance. Specific impacts may include additional direct employment at the plant, secondary impacts from wage payments being used to purchase locally produced goods and services, and impacts due to expenditures of royalty and tax payments received by the county. The basis for the analysis of economic impacts in this study is the US Forest Service IMPLAN input-output modeling system

  15. Economic impacts of geothermal development in Whatcom County, Washington

    International Nuclear Information System (INIS)

    Lesser, J.A.

    1992-07-01

    This report estimates the local economic impacts that could be anticipated from the development of a 100 megawatt (MW) geothermal power plant in eastern Whatcom County, Washington, near Mt. Baker, as shown in Figure 1. The study was commissioned by the Bonneville Power Administration to quantify such impacts as part of regional confirmation work recommended by the Northwest Power Planning Council. Whatcom County was chosen due to both identified geotherrnal resources and developer interest. The analysis will focus on two phases: a plant construction phase, including well field development, generating plant construction, and transmission line construction; and an operations phase. Economic impacts will occur to the extent that construction and operations affect the local economy. These impacts will depend on the existing structure of the Whatcom County economy and estimates of revenues that may accrue to the county as a result of plant construction, operation, and maintenance. Specific impacts may include additional direct employment at the plant, secondary impacts from wage payments being used to purchase locally produced goods and services, and impacts due to expenditures of royalty and tax payments received by the county. The basis for the analysis of economic impacts in this study is the US Forest Service IMPLAN input-output modeling system

  16. A Review of Cogent Reflection on the Economic Impact Assessment of Conferences – MICE Tourism

    Directory of Open Access Journals (Sweden)

    Kumar J.

    2014-01-01

    Full Text Available MICE tourism has grown into an important economic sector in many places, and it is quite easy to understand the relevancy of estimating the economic impact of business tourists on the local and regional economies. Several industrial and academic researches has mentioned many methods for economic impact studies (direct, indirect and induced impacts of the conference - MICE tourism related events. Of these, the input-output (I-O model and general equilibrium models (REMI and REM II are widely used for the economic impact assessments. The current paper will review economic impact studies in the c conference - MICE tourism related events and then discusses the issues related to the I-O model and general equilibrium models framework

  17. The Global Economic Impact of Manta Ray Watching Tourism

    Science.gov (United States)

    O’Malley, Mary P.; Lee-Brooks, Katie; Medd, Hannah B.

    2013-01-01

    As manta rays face increased threats from targeted and bycatch fisheries, manta ray watching tourism, if managed properly, may present an attractive economic alternative to consumptive use of these species. Both species in the genus Manta (Manta alfredi and Manta birostris) are classified by the International Union for the Conservation of Nature Red List as species Vulnerable to extinction in the wild, and are considered unsustainable as fisheries resources due to their conservative life history characteristics, which considerably reduce their ability to recover population numbers when depleted. Utilising dive operator surveys, Internet research, and a literature review, this study provides the first global estimate of the direct economic impact of manta ray watching tourism and examines the potential socio-economic benefits of non-consumptive manta ray watching operations relative to consumptive use of manta rays as a fishery resource. In the 23 countries in which manta ray watching operations meeting our criteria were identified, we estimated direct revenue to dive operators from manta ray dives and snorkels at over US$73 million annually and direct economic impact, including associated tourism expenditures, of US$140 million annually. Ten countries account for almost 93% of the global revenue estimate, specifically Japan, Indonesia, the Maldives, Mozambique, Thailand, Australia, Mexico, United States, Federated States of Micronesia and Palau. In many of the areas where directed fisheries for manta rays are known to occur, these activities overlap with manta ray tourism sites or the migratory range of the mantas on which these sites depend, and are likely to be unsustainable and detrimental to manta ray watching tourism. PMID:23741450

  18. The global economic impact of manta ray watching tourism.

    Directory of Open Access Journals (Sweden)

    Mary P O'Malley

    Full Text Available As manta rays face increased threats from targeted and bycatch fisheries, manta ray watching tourism, if managed properly, may present an attractive economic alternative to consumptive use of these species. Both species in the genus Manta (Manta alfredi and Manta birostris are classified by the International Union for the Conservation of Nature Red List as species Vulnerable to extinction in the wild, and are considered unsustainable as fisheries resources due to their conservative life history characteristics, which considerably reduce their ability to recover population numbers when depleted. Utilising dive operator surveys, Internet research, and a literature review, this study provides the first global estimate of the direct economic impact of manta ray watching tourism and examines the potential socio-economic benefits of non-consumptive manta ray watching operations relative to consumptive use of manta rays as a fishery resource. In the 23 countries in which manta ray watching operations meeting our criteria were identified, we estimated direct revenue to dive operators from manta ray dives and snorkels at over US$73 million annually and direct economic impact, including associated tourism expenditures, of US$140 million annually. Ten countries account for almost 93% of the global revenue estimate, specifically Japan, Indonesia, the Maldives, Mozambique, Thailand, Australia, Mexico, United States, Federated States of Micronesia and Palau. In many of the areas where directed fisheries for manta rays are known to occur, these activities overlap with manta ray tourism sites or the migratory range of the mantas on which these sites depend, and are likely to be unsustainable and detrimental to manta ray watching tourism.

  19. Economic benefits of the EU Ecodesign Directive. Improving European economies

    Energy Technology Data Exchange (ETDEWEB)

    Molenbroek, E.; Cuijpers, M.; Blok, K.

    2012-04-15

    The EU Ecodesign Directive aims at reducing the environmental impact of a number of products sold in the EU, with emphasis on their energy consumption. Ecofys investigated economic benefits related to the Directive. A correct implementation of the EU Ecodesign Directive would yield yearly savings of up to 600 TWh of electricity and 600 TWh of heat in 2020. In addition to these environmental benefits, this study identified important economic advantages like: Net savings for European consumers and businesses of 90 billion euro per year (1% of EU's current GDP) in the year 2020; Reinvesting these savings in other sectors of the economy would result in the creation of one million jobs; Dependency on imports of energy would be reduced by 23% and 37% for natural gas and coal, respectively. This means the EU could slash natural gas imports from Russia by more than half and imports of coal from Russia could be stopped altogether.

  20. Impact of Foreign Direct Investment and Economic Growth in Ghana: A Cointegration Analysis

    Directory of Open Access Journals (Sweden)

    Samuel Antwi

    2013-07-01

    Full Text Available Foreign direct investment (FDI has been an important source of economic growth for Ghana, bringing in capital investment, technology and management knowledge needed for economic growth. This paper aims to study the relationship between FDI and economic growth in Ghana for the period 1980-2010 using time series data. The data used in this study was mainly secondary data collected from the period, 1980 to 2010 consisting of yearly observations for each variable. The real GDP growth and foreign direct investment net inflows as percent of GDP (FDI ratio data were taken from the World Banks World Development Indicators 2011 CD Rom. Yearly time series data covering the period 1980-2010 for which data was available was used. The cointegration methodology is applied on yearly data of FDI, GDP and GNI to determine the extent to which these variables are related. The study establishes that a long-run equilibrium and causal relationship exists between the dependent variable; FDI and the two independent variables under consideration namely, GDP and GNI. It was determined that in the short-run, effects of GDP and GNI volatility on FDI are nearly imaginary. These findings hold practical implications for policy makers, government and investors.

  1. Assessing the impact of the Nitrate Directive on farming systems using a bio-economic modelling chain

    NARCIS (Netherlands)

    Belhouchette, H.; Louhichi, K.; Therond, O.; Mouratiadou, I.; Wery, J.; Ittersum, van M.K.; Flichman, G.

    2011-01-01

    Bio-economic models can be used to assess the impact of policy and environmental measures through economic and environmental indicators. Focusing on agricultural systems, farmers’ decisions in terms of cropping systems and the associated crop management at field scale are essential in such studies.

  2. Sport events and their socio-economic impact: residents ...

    African Journals Online (AJOL)

    Sport events have become big business as countries as well as cities are competing fi ercely to host major events. The purpose of this article is to determine the economic impact of visitor spending during the annual Cape Argus Pick 'n Pay Cycle Tour. Direct spending was determined based on a survey consisting of 583 ...

  3. The economic impact of pilgrimage: An economic impact analysis of pilgrimage expenditures in Galicia

    NARCIS (Netherlands)

    Graave, Elisabeth J.E.; Klijs, J.; Heijman, W.J.M.

    2017-01-01

    In this article, we calculate the economic impact of pilgrimage to Santiago de Compostela in the NUTS 2 region Galicia (Spain) in 2010. This economic impact is relevant to policymakers and other stakeholders dealing with religious tourism in Galicia. The analysis is based on the Input-Output model.

  4. Economic impact of cultural events

    Directory of Open Access Journals (Sweden)

    M Saayman

    2004-11-01

    Full Text Available The phenomenon of events can hardly be described as a new one.  The aim of this paper is to determine the economic benefits of three major cultural events in South Africa to the host community.  Measuring the economic impact normally entails some estimation of the cash injection into a region by visitors and applying the relevant multiplier to arrive at a monetary estimate of the economic impact.  But few regions or municipal areas have detailed economic data to construct a type of input-output model and derive a multiplier.  The purpose of the methods used in this research were firstly to determine the estimated cash injection, secondly to estimate the size of leakages in the local economy and thirdly to derive an appropriate multiplier to estimate the economic impact of the event.

  5. Economic Impact of Cystic Echinococcosis in Peru

    OpenAIRE

    Moro, Pedro L.; Budke, Christine M.; Schantz, Peter M.; Vasquez, Julio; Santivañez, Saul J.; Villavicencio, Jaime

    2011-01-01

    BACKGROUND: Cystic echinococcosis (CE) constitutes an important public health problem in Peru. However, no studies have attempted to estimate the monetary and non-monetary impact of CE in Peruvian society. METHODS: We used official and published sources of epidemiological and economic information to estimate direct and indirect costs associated with livestock production losses and human disease in addition to surgical CE-associated disability adjusted life years (DALYs) lost. FINDINGS: The to...

  6. Geothermal : Economic Impacts of Geothermal Development in Whatcom County, Washington.

    Energy Technology Data Exchange (ETDEWEB)

    Lesser, Jonathan A.

    1992-07-01

    This report estimates the local economic impacts that could be anticipated from the development of a 100 megawatt (MW) geothermal power plant in eastern Whatcom County, Washington, near Mt. Baker, as shown in Figure 1. The study was commissioned by the Bonneville Power Administration to quantify such impacts as part of regional confirmation work recommended by the Northwest Power Planning Council. Whatcom County was chosen due to both identified geotherrnal resources and developer interest. The analysis will focus on two phases: a plant construction phase, including well field development, generating plant construction, and transmission line construction; and an operations phase. Economic impacts will occur to the extent that construction and operations affect the local economy. These impacts will depend on the existing structure of the Whatcom County economy and estimates of revenues that may accrue to the county as a result of plant construction, operation, and maintenance. Specific impacts may include additional direct employment at the plant, secondary impacts from wage payments being used to purchase locally produced goods and services, and impacts due to expenditures of royalty and tax payments received by the county. The basis for the analysis of economic impacts in this study is the US Forest Service IMPLAN input-output modeling system.

  7. Economic and environmental impacts of community-based residential building energy efficiency investment

    International Nuclear Information System (INIS)

    Choi, Jun-Ki; Morrison, Drew; Hallinan, Kevin P.; Brecha, Robert J.

    2014-01-01

    A systematic framework for evaluating the local economic and environmental impacts of investment in building energy efficiency is developed. Historical residential building energy data, community-wide economic input–output data, and emission intensity data are utilized. The aim of this study is to show the comprehensive insights and connection among achieving variable target reductions for a residential building energy use, economic and environmental impacts. Central to this approach for the building energy reduction goal is the creation of individual energy models for each building based upon historical energy data and available building data. From these models, savings estimates and cost implications can be estimated for various conservation measures. A ‘worst to first’ (WF) energy efficient investment strategy is adopted to optimize the level of various direct, indirect, and induced economic impacts on the local community. This evaluation helps to illumine opportunities to establish specific energy reduction targets having greatest economic impact in the community. From an environmental perspective, short term economy-wide CO 2 emissions increase because of the increased community-wide economic activities spurred by the production and installation of energy efficiency measures, however the resulting energy savings provide continuous CO 2 reduction for various target savings. - Highlights: • WF energy efficient strategy helps to optimize various level of economic impacts. • Greatest community benefits are achieved from specific energy reduction targets. • Community-wide economic impacts vary for different energy conservation measures

  8. The economic impact of workplace wellness programmes in Canada.

    Science.gov (United States)

    Jacobs, J C; Yaquian, E; Burke, S M; Rouse, M; Zaric, G

    2017-08-01

    The economic benefits of workplace wellness programmes (WWPs) are commonly cited as a reason for employers to implement such programmes; however, there is limited evidence outside of the US context exploring their economic impact. US evidence is less relevant in countries such as Canada with universal publicly funded health systems because of the lower potential employer savings from WWPs. To conduct a systematic review of the Canadian literature investigating the economic impact of WWPs from an employer perspective. The quality of that evidence was also assessed. We reviewed literature which included analyses of four economic outcomes: return on investment calculations; cost-effectiveness or cost-benefit analyses; valuations of productivity, turnover, absenteeism and/or presenteeism costs; and valuations of health care utilization costs. We applied the British Medical Journal (BMJ) Economic Evaluation Working Party Checklist to evaluate the quality of this evidence. Eight studies met the inclusion criteria. Although the studies showed that WWPs generated economic benefits from an employer perspective (largely from productivity changes), none of the reviewed studies were in the high-quality category (i.e. fulfilled at least 75% of the checklist criteria) and most had severe methodological issues. Though the Canadian literature pertaining to the economic impact of WWPs spans over three decades, robust evidence on this topic remains sparse. Future research should include a comparable control group, a time horizon of over a year, both direct and indirect costs, and researchers should apply analytical techniques that account for potential selection bias. Published by Oxford University Press on behalf of The Society of Occupational Medicine 2017.

  9. SAFRR Tsunami Scenario: Economic Impacts and Resilience

    Science.gov (United States)

    Wein, A. M.; Rose, A.; Sue Wing, I.; Wei, D.

    2013-12-01

    Business interruption (BI) losses for the SAFRR tsunami scenario are derived from the forecasted physical damages of about 100 million at the Ports of Los Angeles (LA) and Long Beach (LB), and 700 million in marina damages, and 2 billion in inundated property damages along the California coast. Economic impacts are measured by the reduction in California's gross domestic product (GDP). The analysis involves several steps. First, estimates are made of immediate business interruption losses due to physical damage to facilities or to disruption of production. Second, total economic impacts (consisting of both direct and indirect effects) are measured by a general equilibrium (quantity and price multiplier effects) of lost production in other sectors through ripple effects upstream and downstream along the supply chain. Third, many types of resilience are applied to demonstrate their potential reductions of the impacts. At the Ports of LA and LB, a two-day port shutdown, cargo losses, and additional terminal downtimes would expose 1.2 billion of trade (import and export) value associated with over 4 billion of BI losses. The sectors potentially most affected by trade disruptions are leather, metal, and motor vehicle manufacturing. Excess capacity, inventories, export conversion, and conservation could reduce the direct trade impacts by 85%. Production recapture alone (including clearing the backlog of waiting ships) could reduce BI losses by 85%. The Port of LA commercial fishing would be subject to damages to the fleet, perished fish that cannot be landed, and lost fishing days. Although BI losses are relatively small, the southern Californian fishing sector could incur a 4% drop in output. The impacts would depend on the speed at which boats are repaired and whether lost fishing days can be made up. Ship-building and repair could also be negatively affected, but these impacts would be offset somewhat by reconstruction. Effects on commercial fishing in other locations

  10. WeChat impact on social and economic in China

    OpenAIRE

    Rong, Mengmeng

    2016-01-01

    The purpose of the thesis is to analyse WeChat in China. On the hand, this thesis analyses the impact of WeChat on social and economic based on its features. WeChat changes Chinese way of life. Customers are directly taken part in economic activities in WeChat. On the other hand, this thesis is intended to help entrepreneurs and organizations to know more about WeChat B2B and B2C model in China. The thesis will be helpful for those entrepreneurs who are going to enter Chinese market. Th...

  11. Methodologies for assessing socio-economic impacts of climate change

    International Nuclear Information System (INIS)

    Smit, B.

    1993-01-01

    Much of the studies on climate change impacts have focused on physical and biological impacts, yet a knowledge of the social and economic impacts of climate change is likely to have a greater impact on the public and on policymakers. A conventional assessment of the impacts of climate change begins with scenarios of future climate, commonly derived from global climate models translated to a regional scale. Estimates of biophysical conditions provided by such scenarios provide a basis for analyses of human impacts, usually considered sector by sector. The scenario approach, although having considerable merit and appeal, has some noteworthy limitations. It encourages consideration of only a small set of scenarios, requires bold assumptions to be made about adjustments in human systems, provides little direct analysis of sensitivities of human social and economic systems to climate perturbations, and usually invokes the assumption that all factors other than climate are stable and have no synergistic effects on human systems. Conventional studies concentrate on average climate, yet climate is inherently variable. A common response to this situation is to propose further development of climate models, but this is not a sufficient or necessary condition for good and useful assessments of impacts on human activities. Different approaches to socioeconomic impact analysis are needed, and approaches should be considered that include identification of sensitivities in a social or ecological system, identification of critical threshold levels or critical speeds of change in variables, and exploration of alternative methodologies such as process studies, spatial and temporal analogues, and socio-economic systems modelling. 5 refs., 3 figs

  12. The economic impact of alcohol consumption: a systematic review

    Directory of Open Access Journals (Sweden)

    Lertpitakpong Chanida

    2009-11-01

    Full Text Available Abstract Background Information on the economic impact of alcohol consumption can provide important evidence in supporting policies to reduce its associated harm. To date, several studies on the economic costs of alcohol consumption have been conducted worldwide. This study aims to review the economic impact of alcohol worldwide, summarizing the state of knowledge with regard to two elements: (1 cost components included in the estimation; (2 the methodologies employed in works conducted to date. Methods Relevant publications concerning the societal cost of alcohol consumption published during the years 1990-2007 were identified through MEDLINE. The World Health Organization's global status report on alcohol, bibliographies and expert communications were also used to identify additional relevant studies. Results Twenty studies met the inclusion criteria for full review while an additional two studies were considered for partial review. Most studies employed the human capital approach and estimated the gross cost of alcohol consumption. Both direct and indirect costs were taken into account in all studies while intangible costs were incorporated in only a few studies. The economic burden of alcohol in the 12 selected countries was estimated to equate to 0.45 - 5.44% of Gross Domestic Product (GDP. Conclusion Discrepancies in the estimation method and cost components included in the analyses limit a direct comparison across studies. The findings, however, consistently confirmed that the economic burden of alcohol on society is substantial. Given the importance of this issue and the limitation in generalizing the findings across different settings, further well-designed research studies are warranted in specific countries to support the formulation of alcohol-related policies.

  13. Managing nuclear waste: Social and economic impacts

    International Nuclear Information System (INIS)

    Hemphill, R.C.; Bassett, G.W. Jr.

    1993-01-01

    Recent research has focused on perceptions of risk as a dominant source of economic impacts due to siting a high level radioactive waste facility. This article addresses the social and economic considerations involved with the issue of risk perception and other types of negative imagery. Emphasis is placed on ways of measuring the potential for economic effects resulting from perceptions prior to construction and operation of HLW facility. We describe the problems in arriving at defensible estimates of economic impacts. Our review has found that although legal and regulatory bases may soon allow inclusion of these impacts in EIS and for compensation purposes, credible scientific methods do not currently exist for predicting the existence or magnitude of changes in economic decision-making. Policy-makers should recognize the potential for perception-based economic impacts in determining the location and means of managing radioactive waste; but, they also need be cognizant of the current limitations of quantitative estimates of impacts in this area

  14. Managing nuclear waste: Social and economic impacts

    International Nuclear Information System (INIS)

    Hemphill, R.C.; Bassett, G.W. Jr.

    1993-01-01

    Recent research has focused on perceptions of risk dominant source of economic impacts due to siting a high level radioactive waste facility. This article addresses the social and economic considerations involved with the issue of risk perception and other types of negative imagery. Emphasis is placed on ways of measuring the potential for economic effects resulting from perceptions prior to construction and operation of a HLW facility. We describe the problems in arriving at defensible estimates of economic impacts. Our review has found that although legal and regulatory bases may soon allow inclusion of these impacts in EIS and for compensation purposes, credible scientific methods do not currently exist for predicting the existence or magnitude of changes in economic decision-making. Policy-makers should recognize the potential for perception-based economic impacts in determining the location and means of managing radioactive waste; but, they also need be cognizant of the current limitations of quantitative estimates of impacts in this area

  15. Economic effectiveness of direct drill in maize production

    Directory of Open Access Journals (Sweden)

    Žuža Desanka

    2017-01-01

    Full Text Available Within the concept of sustainable agriculture, raising environmental awareness of farmers and the preservation of natural resources, the implementation of the so-called conservation tillage began during the 1960s in the USA. It involves the application of a reduced or completely eliminated (no-till, zero tillage, direct drill sowing tillage, which prevents soil erosion, improves soil quality and biodiversity, also significantly reducing gas emissions by implementing a set of technical solutions. The application of this concept requires the existence of appropriate machinery that enables the use of direct seeding on land where plant residues of previous crops are present in the amount of minimum 30%. In addition to significant environmental impacts, this concept provides positive economic effects: for the whole society by eliminating the cost caused by soil degradation, but also for individual agricultural producers through the elimination of a significant number of complex machining operations and savings in diesel fuel and working hours of machines and employees. A comparative analysis of the economic effectiveness of maize production in terms of conventional tillage and no-till on a farm in Novi Sad showed that the application of direct drill allows skipping 4 to 5 machining operations, leading to a saving of 59 litres of diesel fuel per hectare of cultivated area while retaining the same average yield per ha, which resulted in increased profits by 4,246 RSD ha-1 compared to conventional tillage.

  16. 77 FR 68776 - Economic Impact Policy

    Science.gov (United States)

    2012-11-16

    ... EXPORT-IMPORT BANK OF THE UNITED STATES Economic Impact Policy This notice is to inform the public..., Malaysia, Philippines, Poland, Romania, Slovakia, South Africa, Spain, Sri Lanka, Taiwan, Turkey, and United Kingdom. Interested parties may submit comments on this transaction by email to economic.impact...

  17. The Potential Socio-economic Impacts of Gas Hydrate Exploitation

    Science.gov (United States)

    Riley, David; Schaafsma, Marije; Marin-Moreno, Héctor; Minshull, Tim A.

    2017-04-01

    Gas hydrate has garnered significant interest as a possible clean fossil fuel resource, especially in countries with limited energy supplies. Whilst the sector is still in its infancy, there has been escalating development towards commercial production. To the best of our knowledge it appears that, despite its potential, existing analyses of the social and economic impacts of hydrate exploitation have been very limited. Before any viable commercial production commences, the potential impacts across society must be considered. It is likely that such impact assessments will become a legislative requirement for hydrate exploitation, similar to their requirement in conventional oil and gas projects. Social impact analysis should guide hydrate development to have the highest possible net benefits to the human and natural environment. Without active commercial hydrate operations, potential socio-economic impacts can only be inferred from other fossil fuel resource focused communities, including those directly or indirectly affected by the oil and gas industry either in the vicinity of the well or further afield. This review attempts to highlight potential impacts by synthesising current literature, focusing on social impacts at the extraction stage of operation, over time. Using a DPSIR (Driving forces; Pressures; States; Impacts; Responses) framework, we focus on impacts upon: health and wellbeing, land use and access, services and infrastructure, population, employment opportunities, income and lifestyles. Human populations directly or indirectly related with fossil fuel extraction activities often show boom and bust dynamics, and so any impacts may be finite or change temporally. Therefore potential impacts have to be reassessed throughout the lifetime of the exploitation. Our review shows there are a wide range of possible positive and negative socio-economic impacts from hydrate development. Exploitation can bring jobs and infrastructure to remote areas, although

  18. Truth Behind Economic Performance, Natural Resources and Attracting Foreign Direct Investment

    Directory of Open Access Journals (Sweden)

    Arthelo P. Palma

    2016-10-01

    Full Text Available Using a preliminary investigation and analysis on the latest data on GDP (Gross Domestic Product performance, GOI (Global Opportunity Index, Vulnerability Score, Readiness Score, and the number of resources of economic importance, exploratory or preliminary SEM (structural equation modelling was prompted on the recent available data of the 131 countries (n=131. The model was robust, addressing concerns about multivariate assumptions and other measures on the goodness of fit. It was found that the number of natural resources of economic importance plays a large role in the GDP performance. Thus, the preliminary symptom of Dutch disease continues to manifest for as long as each country aims for development, with their resources as ultimate enticing factors for foreign direct investment (FDI. In addition, economic growth is so far observed to be associated with the vulnerability of the country to climate change. Finally, economic growth was found to be linked to the negative impacts argued by the dependency theory. Implication on governance was discussed.

  19. Direct regional energy/economic modeling (DREEM) design

    Energy Technology Data Exchange (ETDEWEB)

    Hall, P.D.; Pleatsikas, C.J.

    1979-10-01

    This report summarizes an investigation into the use of regional and multiregional economic models for estimating the indirect and induced impacts of Federally-mandated energy policies. It includes an examination of alternative types of energy policies that can impact regional economies and the available analytical frameworks for measuring the magnitudes and spatial extents of these impacts. One such analytical system, the National Regional Impact Evaluation System (NRIES), currently operational in the Bureau of Economic Analysis (BEA), is chosen for more detailed investigation. The report summarizes the models capabilities for addressing various energy policy issues and then demonstrates the applicability of the model in specified contexts by developing appropriate input data for three scenarios. These scenarios concern the multi-state impacts of alternative coal-mining-development decisions, multi-regional impacts of macroeconomic change, and the comprehensive effects of an alternative national energy supply trajectory. On the basis of this experience, the capabilities of NRIES for analyzing energy-policy issues are summarized in a concluding chapter.

  20. The impact of electricity supply on economic growth in Sri Lanka

    International Nuclear Information System (INIS)

    Morimoto, R.; Hope, C.

    2006-01-01

    World net electricity consumption is expected to double over the next two decades. With increasing demand, electricity shortages will be prevalent, particularly in developing countries. An adequate and regular power supply would support economic growth in developing countries. Previous studies have demonstrated a strong correlation between electricity use and economic development. Studies have shown that there is a bi-directional causal relationship between gross domestic product and electricity consumption in Taiwan for the period 1954 to 1997. In order to examine the impact of electricity supply on economic growth in Sri Lanka, this paper presented the results of a study that applied Yang's model, using a simple regression analysis. The paper presented the methodology and estimation results. The study incorporated a cost benefit analysis model which assessed the economic, social and environmental impacts of dam projects in Sri Lanka. It was concluded that the application of Yang's regression analysis is one possible approach to estimate a better range for the expected increase in economic output parameter. 14 refs., 1 tab., 3 figs

  1. JEDI: Jobs and Economic Development Impact Model

    Energy Technology Data Exchange (ETDEWEB)

    2017-06-13

    The Jobs and Economic Development Impact (JEDI) models are user-friendly tools that estimate the economic impacts of constructing and operating power generation and biofuel plants at the local (usually state) level. First developed by NREL's researchers to model wind energy jobs and impacts, JEDI has been expanded to also estimate the economic impacts of biofuels, coal, conventional hydro, concentrating solar power, geothermal, marine and hydrokinetic power, natural gas, photovoltaics, and transmission lines. This fact sheet focuses on JEDI for wind energy projects and is revised with 2017 figures.

  2. Nutrition economics - characterising the economic and health impact of nutrition.

    Science.gov (United States)

    Lenoir-Wijnkoop, I; Dapoigny, M; Dubois, D; van Ganse, E; Gutiérrez-Ibarluzea, I; Hutton, J; Jones, P; Mittendorf, T; Poley, M J; Salminen, S; Nuijten, M J C

    2011-01-01

    There is a new merging of health economics and nutrition disciplines to assess the impact of diet on health and disease prevention and to characterise the health and economic aspects of specific changes in nutritional behaviour and nutrition recommendations. A rationale exists for developing the field of nutrition economics which could offer a better understanding of both nutrition, in the context of having a significant influence on health outcomes, and economics, in order to estimate the absolute and relative monetary impact of health measures. For this purpose, an expert meeting assessed questions aimed at clarifying the scope and identifying the key issues that should be taken into consideration in developing nutrition economics as a discipline that could potentially address important questions. We propose a first multidisciplinary outline for understanding the principles and particular characteristics of this emerging field. We summarise here the concepts and the observations of workshop participants and propose a basic setting for nutrition economics and health outcomes research as a novel discipline to support nutrition, health economics and health policy development in an evidence and health-benefit-based manner.

  3. The Foreign Direct Investment and Economic Growth - Case Study for Kosovo

    Directory of Open Access Journals (Sweden)

    Dr.Sc. Myrvete Badivuku - Pantina

    2015-12-01

    Full Text Available This research paper will explain the impact and relationship between the Foreign Direct Investment (FDI and economic growth, Kosovo case. The used data in research are secondary data and cover a period of time between 2008 and 2013. By using STATA program for calculation and by various regression analyses (descriptive statistics, linear regression and correlation relationships have been identified between involved variables in research, where economic growth is defined as dependent variable, whereas FDI, interest rate and real effective and exchange rate (REER are defined as independent variables. The main results in this research paper indicate that FDI has a positive relation (0.011 but non-significant effect (T2 on economic growth in Kosovo. The real effective exchange rate has a negative (-0.347 and non-significant relation (T<2 with economic growth. The main activities of FDI in overall Kosovo's economy are: real estate, transport and telecommunication, financial and manufacture services, construction, etc. The main conclusion is that the Kosovo institutions should create a favorable environment, such as: political stability, enforcement of justice, reduction of trade barriers, Kosovo should also create appropriate policy for protection of foreign investors, investment security, fair competition and institutional support. This will impact the drastic improvement and increase of FDI. In 2013 Kosovo had an FDI percentage of 5% of GDP while in 2007 it was over 13% of Kosovo's GDP.

  4. Economic impact of world mining

    International Nuclear Information System (INIS)

    Walser, G.

    2002-01-01

    Mining plays a vital role in the economic development of many countries. The emerging economies are now major players in the production and availability of key commodities such as copper (70%), bauxite (40%), iron ore and precious metals. Mining also has a positive impact on the economy of many countries. Another impact of mining can be measured in terms of employment opportunities and income generation. Commercial scale mining provides employment and skills transfer to more than 2 million workers. The multiplier effect increases this benefit by a factor of between 2 and 5. The World Bank Mining Department has carried out an in-depth study on economic and social impact of mining at the community level in Chile, Peru, Bolivia, Papua New Guinea and Mali. This study demonstrates that there are substantial social and economic benefits to the community. The most positive cases are related to the growth of local small- and micro-enterprise activities. However, mining remains controversial, as true sustainable development is not only a matter of financial flows. Mining has also been associated with a number of economic and social problems. As a result there are questions about the sustainability of the economic outcome of mining. The contribution of mining to sustainable development needs to be considered in terms of economic and technical viability, ecological sustainability and social equity. To achieve this, governments, mining companies and local communities must work together to address these issues. (author)

  5. THE IMPACT OF THE CORPORATE TAX ON THE ECONOMIC DEVELOPMENT. THE CASE OF ROMANIA

    Directory of Open Access Journals (Sweden)

    STĂNCULESCU SIMONA MARILENA

    2017-10-01

    Full Text Available t The tax accounting system in Romania suffers many changes from one year to another. We assume that these changes occur in order to have a positive impact on the Romanian economy. One of the most important taxes collected by the state is the corporate tax. In this paper we aim to show the impact of the corporate tax on the economic development of Romania. We selected the period between 2003 and 2015. We provide an argument for the selection of the indicators which describe the economic development. For the period analyzed we described the changes in the regulations regarding the income tax, the impact on the economic development (assessed in terms of foreign direct investment and the correlation between the two.

  6. The economic impact of South Africa’s international airports

    Directory of Open Access Journals (Sweden)

    Rose Luke

    2010-11-01

    Full Text Available Infrastructure is strongly linked to economic growth and plays a major role in providing greater mobility and choice, leading to an improvement in incomes and welfare. Transport infrastructure such as highways, bridges, ports, airports and railways is critical in achieving economic growth. If the supply of these facilities does not keep up with rising demand, the cost of moving goods will increase, and there will be a downward pressure on profits and growth. Airports play a critical role in generating employment within an economy, creating wealth, contributing to the tax base, stimulating tourism and contributing to world trade. While the latter two are less easily measured, it is possible to determine a base impact that an airport has on an economy by measuring the direct and indirect gross domestic product, employment and taxation impacts. This study quantifies these for the three main international airports in South Africa.

  7. ECONOMIC CRISIS AND FOREIGN DIRECT INVESTMENTS IN ROMANIA

    Directory of Open Access Journals (Sweden)

    E. Bako

    2015-10-01

    Full Text Available Foreign direct investments represent an essential factor of economic development and growth at all levels: national, regional and local (county. The authors analyse the evolution of foreign direct investments in Romania over the last decade, taking into consideration the influence of the economic and financial crisis, different territorial levels, types of foreign investments, the economic activities and also the main countries of origin. The aim of the paper is to explain some of the reasons for the illustrated evolution of FDI and to reveal some policy implications for the future period.

  8. Modeling the economic impact of pandemic influenza: a case study in Turkey.

    Science.gov (United States)

    Yoldascan, Elcin; Kurtaran, Behice; Koyuncu, Melik; Koyuncu, Esra

    2010-04-01

    Influenza pandemics have occurred intermittently throughout the 20th century and killed millions of people worldwide. It is expected that influenza pandemics will continue to occur in the near future. Huge number of deaths and cases is the most troublesome aspect of the influenza pandemics, but the other important trouble is the economic impact of the influenza pandemics to the countries. In this study, we try to detect the cost of a possible influenza pandemic under different scenarios and attack rates. We include the vaccination and antiviral treatment cost for direct cost and we add the work absenteeism cost to the calculations for indirect cost of influenza pandemics. As a case study, we calculate the economic impact of pandemic influenza for Turkey under three different scenarios and three different attack rates. Our optimistic estimation shows that the economic impact of pandemic influenza will be between 1.364 billion dollars and 2.687 billions dollars to Turkish economy depending on the vaccination strategies.

  9. Impact of Fiscal Variables on Economic Development of Pakistan

    Directory of Open Access Journals (Sweden)

    Zaheer Khan KAKAR

    2011-12-01

    Full Text Available The objective of this paper is to determine the impact of the fiscal variables on economic growth in Pakistan using time series data for the period 1980-2009. Cointegration and error correction techniques are used for this analysis and Granger causality test is used to determine the direction of causality. This study will provide help in determining the importance of fiscal policy for the development of Pakistan.

  10. A review of the economic impact of mental illness.

    Science.gov (United States)

    Doran, Christopher M; Kinchin, Irina

    2017-11-13

    Objective To examine the impact and cost associated with mental illness. Methods A rapid review of the literature from Australia, New Zealand, UK and Canada was undertaken. The review included literature pertaining to the cost-of-illness and impact of mental illness as well as any modelling studies. Included studies were categorised according to impact on education, labour force engagement, earlier retirement or welfare dependency. The well-accepted Drummond 10-point economic appraisal checklist was used to assess the quality of the studies. Results A total of 45 methodologically diverse studies were included. The studies highlight the significant burden mental illness places on all facets of society, including individuals, families, workplaces and the wider economy. Mental illness results in a greater chance of leaving school early, a lower probability of gaining full-time employment and a reduced quality of life. Research from Canada suggests that the total economic costs associated with mental illness will increase six-fold over the next 30 years with costs likely to exceed A$2.8 trillion (based on 2015 Australian dollars). Conclusions Mental illness is associated with a high economic burden. Further research is required to develop a better understanding of the trajectory and burden of mental illness so that resources can be directed towards cost-effective interventions. What is known about the topic? Although mental illness continues to be one of the leading contributors to the burden of disease, there is limited information on the economic impact that mental illness imposes on individuals, families, workplaces and the wider economy. What does this paper add? This review provides a summary of the economic impact and cost of mental illness. The included literature highlights the significant burden mental illness places on individuals, families, workplaces, society and the economy in general. The review identified several areas for improvement. For example, only

  11. The economic impact of tourism on local residents in Wolong Nature Reserve

    OpenAIRE

    Yang Liu; Yihe Lü

    2008-01-01

    Theoretically, tourism can generate economic benefits for local residents, while whether the benefits can come true in reality is a crucial issue. To obtain the actual direct economic impact that tourism have on local residents, a questionnaire survey was conducted in Wolong Nature Reserve (WNR). Total income generated by tourism, employment opportunities for local participants, and income distributions were included in the questionnaire. The results showed that there’s a considerable gap bet...

  12. A direct Newton-Raphson economic dispatch

    International Nuclear Information System (INIS)

    Lin, C.E.; Chen, S.T.; Huang, C.L.

    1992-01-01

    This paper presents a new method to solve the real-time economic dispatch problem using an alternative Jacobian matrix considering system constraints. The transition loss is approximately expressed in terms of generating powers and the generalized generation shift distribution factor. Based on this expression, a set of simultaneous equations of Jacobian matrix is formulated and solved by the Newton-Raphson method. The proposed method eliminates the penalty factor calculation, and solves the economic dispatch directly. The proposed method obtains very fast solution speed and maintains good accuracy from test examples. It is good approach to solve the economic dispatch problem

  13. From Poverty to Prosperity: Literacy's Impact on Canada's Economic Success. Summary

    Science.gov (United States)

    Murray, Scott; Shillington, Richard

    2011-01-01

    To persuade policy makers to tackle poverty prevention through significant investment in literacy development, the authors, Murray and Shillington, analyzed the most recent data to illustrate the impact of literacy skills on a micro-, as well as macro-economic level. Statistics clearly show direct links between literacy skill and income level:…

  14. Direct economic benefits associated with dietetic internships.

    Science.gov (United States)

    Conklin, M T; Simko, M D

    1994-02-01

    We explored the direct economic benefits of hospital dietetics departments sponsoring an internship for dietetics studies. Forty-five dietetics departments in US hospitals participated in a mail survey that involved comprehensive data collection procedures using three instruments, including activity logs recorded by 298 dietitians and interns. Direct benefits were defined as the net student labor provided to the department during routine and staff relief experiences that released professional labor for other work. Net student productivity during routine assignments was calculated by subtracting the time dietitians spent teaching during a typical work week from the amount of time dietetic interns spent performing professional services without direct supervision. Student productivity during staff relief rotations was calculated by multiplying the number of students assigned to this type of experience by the length of the rotation. While involved in routine learning experiences, dietetic interns provided a direct benefit. The difference between the time interns spent in independent, professional service in the departments and the time dietitians spent in activities designed specifically for teaching was a mean of 29 hours in favor of the students. All departments received a direct benefit from assigning dietetic interns to a staff relief rotation. The median number of weeks of student labor gained by the departments per year was 24. A paired t test was used to analyze the difference between the time dietitians devoted to teaching interns and the time students spent in independent, professional service in the departments. The difference was very highly significant (P impact of their supervised practice program on the sponsoring organization.

  15. Technology Transfer, Foreign Direct Investment and Economic ...

    African Journals Online (AJOL)

    The aim of this study is to investigate the long-run equilibrium relationship between various international factors and economic growth, as well as to assess the short-term impact of inward FDI, trade and economic growth on international technology transfer to Nigeria. To achieve this, the study used a time series data from ...

  16. Economic impact of GM crops: the global income and production effects 1996-2012.

    Science.gov (United States)

    Brookes, Graham; Barfoot, Peter

    2014-01-01

    A key part of any assessment of the global value of crop biotechnology in agriculture is an examination of its economic impact at the farm level. This paper follows earlier annual studies which examined economic impacts on yields, key costs of production, direct farm income and effects, and impacts on the production base of the four main crops of soybeans, corn, cotton and canola. The commercialization of genetically modified (GM) crops has continued to occur at a rapid rate, with important changes in both the overall level of adoption and impact occurring in 2012. This annual updated analysis shows that there have been very significant net economic benefits at the farm level amounting to $18.8 billion in 2012 and $116.6 billion for the 17-year period (in nominal terms). These economic gains have been divided roughly 50% each to farmers in developed and developing countries. GM technology have also made important contributions to increasing global production levels of the four main crops, having added 122 million tonnes and 230 million tonnes respectively, to the global production of soybeans and maize since the introduction of the technology in the mid-1990s.

  17. Jobs and Economic Development Impact (JEDI) User Reference Guide: Fast Pyrolysis Biorefinery Model

    Energy Technology Data Exchange (ETDEWEB)

    Zhang, Yimin [National Renewable Energy Lab. (NREL), Golden, CO (United States); Goldberg, Marshall [MRG and Associates, Nevada City, CA (United States)

    2015-02-01

    This guide -- the JEDI Fast Pyrolysis Biorefinery Model User Reference Guide -- was developed to assist users in operating and understanding the JEDI Fast Pyrolysis Biorefinery Model. The guide provides information on the model's underlying methodology, as well as the parameters and data sources used to develop the cost data utilized in the model. This guide also provides basic instruction on model add-in features and a discussion of how the results should be interpreted. Based on project-specific inputs from the user, the JEDI Fast Pyrolysis Biorefinery Model estimates local (e.g., county- or state-level) job creation, earnings, and output from total economic activity for a given fast pyrolysis biorefinery. These estimates include the direct, indirect and induced economic impacts to the local economy associated with the construction and operation phases of biorefinery projects.Local revenue and supply chain impacts as well as induced impacts are estimated using economic multipliers derived from the IMPLAN software program. By determining the local economic impacts and job creation for a proposed biorefinery, the JEDI Fast Pyrolysis Biorefinery Model can be used to field questions about the added value biorefineries might bring to a local community.

  18. Economic and fiscal impacts of large-scale development projects: implications for nuclear waste repositories

    International Nuclear Information System (INIS)

    Leistritz, F.L.; Murdock, S.H.; Texas A and M Univ., College Station)

    1982-01-01

    This paper deals with the local economic and fiscal implications of siting high-level nuclear waste repositories in rural areas. The economic and fiscal effects of repository development fall into two categories: (1) standard impacts similar to those that would be associated with developing any large-scale industrial facility in an isolated area; (2) special impacts that result from the hazardous nature of the nuclear materials stored and from federal ownership of the facility. Standard economic and fiscal impacts include employment effects (direct and secondary), local income changes, alterations in community price structures, effects on community services, and changes in revenues and costs for local jurisdictions. Special impacts include the possibility of diminished activity in other basic economic sectors, negative effects on the area's long-term growth prospects and a consequent dampening of investment in the local trade an service sectors, additional costs for local jurisdictions (e.g., for preparing evacuation plans), and limited local tax revenues resulting from the tax-exempt status of the facility. These special effects are difficult to quantify and require additional analysis. 47 references, 1 figure, 4 tables

  19. Estimating the economic impact of seismic activity in Kyrgyzstan

    Science.gov (United States)

    Pittore, Massimiliano; Sousa, Luis; Grant, Damian; Fleming, Kevin; Parolai, Stefano; Free, Matthew; Moldobekov, Bolot; Takeuchi, Ko

    2017-04-01

    Estimating the short and long-term economical impact of large-scale damaging events such as earthquakes, tsunamis or tropical storms is an important component of risk assessment, whose outcomes are routinely used to improve risk awareness, optimize investments in prevention and mitigation actions, as well as to customize insurance and reinsurance rates to specific geographical regions or single countries. Such estimations can be carried out by modeling the whole causal process, from hazard assessment to the estimation of loss for specific categories of assets. This approach allows a precise description of the various physical mechanisms contributing to direct seismic losses. However, it should reflect the underlying epistemic and random uncertainties in all involved components in a meaningful way. Within a project sponsored by the World Bank, a seismic risk study for the Kyrgyz Republic has been conducted, focusing on the assessment of social and economical impacts assessed in terms of direct losses of the residential and public building stocks. Probabilistic estimates based on stochastic event catalogs have been computed and integrated with the simulation of specific earthquake scenarios. Although very few relevant data are available in the region on the economic consequences of past damaging events, the proposed approach sets a benchmark for decision makers and policy holders to better understand the short and long term consequences of earthquakes in the region. The presented results confirm the high level of seismic risk of the Kyrgyz Republic territory, outlining the most affected regions; thus advocating for significant Disaster Risk Reduction (DRR) measures to be implemented by local decision- and policy-makers.

  20. Regional economic impact of oil spills

    International Nuclear Information System (INIS)

    Heen, K.; Andersen, M.

    1994-01-01

    An approach is demonstrated of coupling an environmental model to input-output analysis which aims to quantify the regional economic impact of an environmental accident. The model is implemented with the data of a potential oil spill interacting with the salmon aquaculture industry in Northern Norway. The production loss in salmon aquaculture and the regional income impact is computed and discussed. The approach used in this article could be a model for estimating the regional socio-economic impact of environmental factors like water and air pollution. 1 fig., 4 tabs., 19 refs

  1. MIGRATION IMPACT ON ECONOMICAL SITUATION

    Directory of Open Access Journals (Sweden)

    Virginia COJOCARU

    2016-01-01

    Full Text Available This paper presents recent trends and flows of labor migration and its impact on economic and social life. Main aim of this research sets up the influence of the migration on the European economics and its competitiveness. Methods of research are: method of comparison, analysis method, method of deduction, method of statistics, modeling method. The economic impact of migration has been intensively studied but is still often driven by ill-informed perceptions, which, in turn, can lead to public antagonism towards migration. These negative views risk jeopardising efforts to adapt migration policies to the new economic and demographic challenges facing many countries. Migration Policy looks at the evidence for how immigrants affect the economy in three main areas: The labour market, public purse and economic growth. In Europe, the scope of labour mobility greatly increased within the EU/EFTA zones following the EU enlargements of 2004, 2007 and 2014-2015. This added to labour markets’ adjustment capacity. Recent estimates suggest that as much as a quarter of the asymmetric labour market shock – that is occurring at different times and with different intensities across countries – may have been absorbed by migration within a year.

  2. Economic impacts of climate change in Australia: framework and analysis

    International Nuclear Information System (INIS)

    Ford, Melanie

    2007-01-01

    Full text: There is growing interest in understanding the potential impacts of climate change in Australia, and especially the economic impacts of 'inaction'. In this study, a preliminary analysis of the possible economic impacts of future climate change in Australia is undertaken using ABARE's general equilibrium model of the global economy, GTEM. In order to understand the potential economy-wide economic impacts, the broad climatic trends that Australia is likely to experience over the next several decades are canvassed and the potential economic and non-economic impacts on key risk areas, such as water resources, agriculture and forests, health, industry and human settlements and the ecosystems, are identified. A more detailed analysis of the economic impacts of climate change are undertaken by developing two case studies. In the first case study, the economic impact of climate change and reduced water availability on the agricultural sector is assessed in the Murray-Darling Basin. In the second case study, the sectoral economic impacts on the Australian resources sector of a projected decline in global economic activity due to climate change is analysed. The key areas of required development to more fully understand the economy-wide and sectoral impacts of climate change are also discussed including issues associated with estimating both non-market and market impacts. Finally, an analytical framework for undertaking integrated assessment of climate change impacts domestically and globally is developed

  3. Directed Technical Change and Economic Growth Effects of Environmental Policy

    DEFF Research Database (Denmark)

    Kruse-Andersen, Peter Kjær

    2016-01-01

    A Schumpeterian growth model is developed to investigate how environmental policy affects economic growth when environmental policy also affects the direction of technical change. In contrast to previous models, production and pollution abatement technologies are embodied in separate intermediate...... unambiguously directs research efforts toward pollution abatement technologies and away from production technologies. This directed technical change reduces economic growth and pollution emission growth. Simulation results indicate that even large environmental policy reforms have small economic growth effects....... However, these economic growth effects have relatively large welfare effects which suggest that static models and exogenous growth models leave out an important welfare effect of environmental policy....

  4. Economic impact of milk production in the State of New Mexico.

    Science.gov (United States)

    Cabrera, V E; Hagevoort, R; Solís, D; Kirksey, R; Diemer, J A

    2008-05-01

    The goal of this study was to quantify the economic role of dairy farming in New Mexico and to identify its linkages with allied industries in terms of income, value added, and employment impacts. An input-output model was used to estimate the direct, indirect, and induced impacts of the dairy farm industry on the economy of New Mexico. The results showed that in 2005, New Mexico's dairy farm industry had a total economic impact of $1.98 billion and accounted for 14,313 jobs. Therefore, dairy farming in New Mexico had an output multiplier (income) of 1.92, a labor income multiplier of $248 thousand/$ million of gross sales, and an employment multiplier of 13.91 jobs/$ million of gross sales. Furthermore, the New Mexico dairy farms accounted for 13.1% of the total agricultural outputs, 20.5% of the agricultural jobs, 1.5% of total state economic activity, and $80 million in tax revenue. With the exception of Lea, Eddy, and Bernalillo counties, which are diversified, the dairy farms accounted for more than two-thirds of the agricultural outputs and for more than two-fifths of the agricultural employment in counties where dairy farms are concentrated.

  5. Examining the impacts of oil price changes on economic indicators: A panel approach

    Science.gov (United States)

    Lim, Kah Boon; Sek, Siok Kun

    2017-04-01

    The impact of oil price on global economy is evident from many studies and research findings. In this study, we extend the research on examining the impact of oil price changes on economic indicators in terms of economic growth and inflation by comparing different groups of economies (high income versus low income countries and oil importing versus oil exporting countries). Our main objective is to reveal if such impact varies across country income level/ development and oil dependency. In addition, we also seek to compare the impacts of oil price relative to the other factors indicators (money supply, foreign direct investment, exchange rate, government expenditure, inflation and gross domestic product) on economy. For the purpose of this study, the co-integration regression (DOLS and FMOLS) techniques are applied to the panel dataset of four groups of economies which contain 10 countries in each panel dataset. The analysis results show that oil price is not the main determinant although it can have a significant impact on inflation and economic growth across all groups of economies. The three main determinants of economic growth are exchange rate, aggregate demand and government expenditure while the determinants of inflation are aggregate supply and exchange rate. Furthermore, our result also concludes that oil price has a positive impact in oil exporting economies but it shows a negative impact in oil importing economies due to the oil dependency factor.

  6. A framework to investigate the economic growth impact of sea level rise

    International Nuclear Information System (INIS)

    Hallegatte, Stéphane

    2012-01-01

    This article reviews the channels through which sea level rise can affect economic growth, namely the loss of land, the loss of infrastructure and physical capital, the loss of social capital, the additional cost from extreme events and coastal floods, and the increased expenditure for coastal protection. It discusses how existing studies on the direct impact of sea level rise could be used to investigate the resulting consequences on economic growth, emphasizes research needs on this question, and discusses consequences on migration. (letter)

  7. Social and economic impact of diabetics in Bangladesh: protocol for a case-control study.

    Science.gov (United States)

    Shariful Islam, Sheikh Mohammed; Lechner, Andreas; Ferrari, Uta; Froeschl, Guenter; Niessen, Louis W; Seissler, Jochen; Alam, Dewan Shamsul

    2013-12-21

    Diabetes affects both individuals and their families and has an impact on economic and social development of a country. Information on the availability, cost, and quality of medical care for diabetes is mostly not available for many low- and middle-income countries including Bangladesh. Complications from diabetes, which can be devastating, could largely be prevented by wider use of several inexpensive generic medicines, simple tests and monitoring and can be a cost saving intervention. This study will provide an in-depth and comprehensive picture of social and economic impacts of diabetes in Bangladesh and propose clear recommendations for improving prevention and management of diabetes. The objectives of the study are: 1) To study the association between diabetes and other health problems and its social impacts. 2) To estimate the economic impact of diabetes including total direct and indirect costs. 3) To measure the impact of diabetes on quality of life among diabetes patients in Bangladesh. 4) To study the impact of diabetes on the health care system This is a case-control study comparing cases with type 2 diabetes to controls without diabetes matched on age, sex and place of residence. 564 cases and 564 controls will be selected from the outpatient department of a tertiary hospital in Dhaka, Bangladesh. Data on socioeconomic status, health utility index, direct and indirect costs for diabetes, medication adherence, quality of life, treatment satisfaction, diet, physical activity, mental state examination, weight, height, hip and waist circumference, blood pressure, pulse, medication history, laboratory data and physical examination will be conducted. The primary outcome measures will be association between diabetes and other health problems, cost of diabetes, impact of diabetes on quality of life and secondary outcome measures are impact of diabetes on healthcare systems in Bangladesh. This study will provide an in-depth and comprehensive picture of social

  8. Assessing economic impact of storm surge under projected sea level rise scenarios

    Science.gov (United States)

    Del Angel, D. C.; Yoskowitz, D.

    2017-12-01

    Global sea level is expected to rise 0.2-2m by the year 2100. Rising sea level is expected to have a number of impacts such as erosion, saltwater intrusion, and decline in coastal wetlands; all which have direct and indirect socio-economic impact to coastal communities. By 2050, 25% of the world's population will reside within flood-prone areas. These statistics raise a concern for the economic cost that sea level and flooding has on the growing coastal communities. Economic cost of storm surge inundation and rising seas may include loss or damage to public facilities and infrastructure that may become temporarily inaccessible, as well as disruptions to business and services. This goal of this project is to assess economic impacts of storms under four SLR scenarios including low, intermediate-low, intermediate-high, and high (0.2m, 0.5m, 1.2m and 2m, respectively) in the Northern Gulf of Mexico region. To assess flooding impact on communities from storm surge, this project utilizes HAZUS-MH software - a Geographic Information System (GIS)-based modeling tool developed by the Federal Emergency Management Agency - to estimate physical, economic, and social impacts of natural disasters such as floods, earthquakes and hurricanes. The HAZUS database comes integrated with aggregate and site specific inventory which includes: demographic data, general building stock, agricultural statistics, vehicle inventory, essential facilities, transportation systems, utility systems (among other sensitive facilities). User-defined inundation scenarios will serve to identify assets at risk and damage estimates will be generated using the Depth Damage Function included in the HAZUS software. Results will focus on 3 communities in the Gulf and highlight changes in storm flood impact. This approach not only provides a method for economic impact assessment but also begins to create a link between ecosystem services and natural and nature-based features such as wetlands, beaches and dunes

  9. A socio-economic impact assessment of the European launcher sector

    Science.gov (United States)

    Monte, Luca del; Scatteia, Luigi

    2017-08-01

    In a context where the economic strains are challenging European policies as well as the very fabric of governmental contributions to public life, innovation and efficacy of public policy in research are called upon to support growth in Europe and to sustain employment and entrepreneurial capacities. Governments need evidence that the investments in space, while providing strategic tools to implement sovereign policies, create jobs and build the competitive European economy of the future. This is particularly true when the decisions at stake have a potential bearing on the future of the European space sector for at least the next 30 years, as it has been the case for the ESA Council at ministerial level meeting in December 2014. On that occasion, Ministers took the decision to start the development of a new Ariane 6 launcher and Vega evolutions having a critical bearing on the Member States' strategic industrial capabilities and on the sustainability of the European guaranteed access to space. Given the importance of the subject, and following similar studies undertaken in the past for e.g. the Ariane 1-4 programme, the Agency has requested an independent consulting team to perform a dedicated study to assess ex-post the direct, indirect and induced socio-economic impacts of the Ariane 5 programme (mid-term evaluation) and of the Vega programme (early evaluation) globally, at European level, and within the economies and industries of each ESA Member State. This paper presents the assessment of the socio-economic impacts allowing the evaluation of the return on public investments in launchers through ESA in a wider perspective, going beyond the purely economic terms. The scope of the assessment covered in total approximately 25 ESA programmatic and activity lines and 30,000 commitments from 1986 to end 2012. In the framework of the study, the economic impact of the European launcher programmes is measured through a GDP impact defined as the straight economic

  10. Impact of human resources on wine supply chain flexibility, quality, and economic performance

    Directory of Open Access Journals (Sweden)

    J. L. García-Alcaraz

    2016-09-01

    Full Text Available This article assesses the impact of human resources skills on production quality, flexibility, and economic performance of La Rioja’s wine supply chain. These four elements were integrated as latent variables composed of 15 observed variables and associated through six hypotheses. Data were gathered from 64 wineries located in La Rioja, Spain, and hypotheses were validated in a structural equation model using WarpPLS v.5 software. Results indicate that human resources skills have a positive direct impact on SC flexibility and quality, but not on economic performance; however, these variables are indirectly associated through SC quality and SC flexibility.

  11. Power station impacts: socio-economic impact assessment

    International Nuclear Information System (INIS)

    Glasson, John; Elson, Martin; Barrett, Brendan; Wee, D. Van der

    1987-01-01

    The aim of this study is to assess the local social and economic impacts of a proposed nuclear power station development at Hinkley Point in Somerset. The proposed development, Hinkley Point C, would be an addition to the existing Hinkley Point A Magnox station, commissioned in 1965, and the Hinkley Point B Advanced Gas Cooled Reactor (AGR) station, commissioned in 1976. It is hoped that the study will be of assistance to the CEGB, the Somerset County and District Councils and other agencies in their studies of the proposed development. In addition, the study seeks to apply and further develop the methodology and results from previous studies by the Power Station Impacts (PSI) team for predicting the social and economic effects of proposed power station developments on their localities. (author)

  12. Financial Transaction Tax: Determination of Economic Impact Under DSGE Model

    Directory of Open Access Journals (Sweden)

    Veronika Solilová

    2015-01-01

    Full Text Available The discussion about the possible taxation of the financial sector has started in the European Union as a result of the financial crisis which has spread to the Europe from the United States in 2008 and consequently of the massive financial interventions by governments made in favour of the financial sector. On 14 February 2013, after rejection of the draft of the directive introducing a common system of financial transaction tax in 2011, the European Commission introduced the financial transaction tax through enhanced cooperation. The aim of the paper is to research economic impact of financial transaction tax on EU (EU27 or EU11 with respect to the DSGE model which was used for the determination of impacts. Based on our analysis the DSGE model can be considered as underestimated in case of the impact on economic growth and an overestimated in case of the revenue collection. Particularly, the overall impact of the financial transaction tax considering cascade effects of securities (tax rate 2.2% and derivatives (tax rate 0.2% is ranged between −4.752 and 1.472 percent points of GDP. And further, is assumed that the relocation effects of business/trade can be in average 40% causes a decline of expected tax revenues in the amount of 13bn EUR. Thus, at a time of fragile economic growth across the EU and the increased risk of recession in Europe, the introduction of the FTT should be undesirable.

  13. Comparative economic evaluation of environmental impact of different cogeneration technologies

    International Nuclear Information System (INIS)

    Patrascu, Roxana; Athanasovici, Victor; Raducanu, Cristian; Minciuc, Eduard; Bitir-Istrate, Ioan

    2004-01-01

    Cogeneration is one of the most powerful technologies for reduction of environmental pollution along with renewable energies. At the Kyoto Conference cogeneration has been identified as being the most important measure for reducing emissions of greenhouse effect gases. It has also been mentioned that cogeneration has a potential of reducing pollution with about 180 million tones per year. In order to promote new cogeneration technologies and evaluate the existing ones it is necessary to know and to be able to quantify in economical terms the environmental issues. When comparing different cogeneration technologies: steam turbine (TA), gas turbine (TG), internal combustion engine (MT), in order to choose the best one, the final decision implies an economic factor, which is even more important if it includes the environmental issues. The environmental impact of different cogeneration technologies is quantified using different criteria: depletion of non-renewable natural resources, eutrofisation, greenhouse effect, acidification etc. Environmental analysis using these criteria can be made using the 'impact with impact' methodology or the global one. The results of such an analysis cannot be quantified economically directly. Therefore there is a need of internalisation of ecological effects within the costs of produced energy: electricity and heat. In the energy production sector the externalizations represent the indirect effects on the environment. They can be materialised within different types of environmental impact: - Different buildings of mines, power plants etc; - Fuel losses during transportation and processing; - Effect of emissions in the air, water and soil. Introduction of the environmental impact costs in the energy price is called internalisation and it can be made using the direct and indirect methods. The paper discusses aspects regarding the emissions of cogeneration systems, the eco-taxes - method of 'internalisation' of environmental

  14. Nutrition economics – characterising the economic and health impact of nutrition

    Science.gov (United States)

    Lenoir-Wijnkoop, I.; Dapoigny, M.; Dubois, D.; van Ganse, E.; Gutiérrez-Ibarluzea, I.; Hutton, J.; Jones, P.; Mittendorf, T.; Poley, M. J.; Salminen, S.; Nuijten, M. J. C.

    2011-01-01

    There is a new merging of health economics and nutrition disciplines to assess the impact of diet on health and disease prevention and to characterise the health and economic aspects of specific changes in nutritional behaviour and nutrition recommendations. A rationale exists for developing the field of nutrition economics which could offer a better understanding of both nutrition, in the context of having a significant influence on health outcomes, and economics, in order to estimate the absolute and relative monetary impact of health measures. For this purpose, an expert meeting assessed questions aimed at clarifying the scope and identifying the key issues that should be taken into consideration in developing nutrition economics as a discipline that could potentially address important questions. We propose a first multidisciplinary outline for understanding the principles and particular characteristics of this emerging field. We summarise here the concepts and the observations of workshop participants and propose a basic setting for nutrition economics and health outcomes research as a novel discipline to support nutrition, health economics and health policy development in an evidence and health-benefit-based manner. PMID:20797310

  15. Economic impact of medication error: a systematic review.

    Science.gov (United States)

    Walsh, Elaine K; Hansen, Christina Raae; Sahm, Laura J; Kearney, Patricia M; Doherty, Edel; Bradley, Colin P

    2017-05-01

    Medication error is a significant source of morbidity and mortality among patients. Clinical and cost-effectiveness evidence are required for the implementation of quality of care interventions. Reduction of error-related cost is a key potential benefit of interventions addressing medication error. The aim of this review was to describe and quantify the economic burden associated with medication error. PubMed, Cochrane, Embase, CINAHL, EconLit, ABI/INFORM, Business Source Complete were searched. Studies published 2004-2016 assessing the economic impact of medication error were included. Cost values were expressed in Euro 2015. A narrative synthesis was performed. A total of 4572 articles were identified from database searching, and 16 were included in the review. One study met all applicable quality criteria. Fifteen studies expressed economic impact in monetary terms. Mean cost per error per study ranged from €2.58 to €111 727.08. Healthcare costs were used to measure economic impact in 15 of the included studies with one study measuring litigation costs. Four studies included costs incurred in primary care with the remaining 12 measuring hospital costs. Five studies looked at general medication error in a general population with 11 studies reporting the economic impact of an individual type of medication error or error within a specific patient population. Considerable variability existed between studies in terms of financial cost, patients, settings and errors included. Many were of poor quality. Assessment of economic impact was conducted predominantly in the hospital setting with little assessment of primary care impact. Limited parameters were used to establish economic impact. Copyright © 2017 John Wiley & Sons, Ltd. Copyright © 2017 John Wiley & Sons, Ltd.

  16. Fuels planning: science synthesis and integration; economic uses fact sheet 03: economic impacts of fuel treatments

    Science.gov (United States)

    Rocky Mountain Research Station USDA Forest Service

    2004-01-01

    With increased interest in reducing hazardous fuels in dry inland forests of the American West, agencies and the public will want to know the economic impacts of fuel reduction treatments. This fact sheet discusses the economic impact tool, a component of My Fuel Treatment Planner, for evaluating economic impacts.

  17. Economic impacts of wine tourism in Michigan

    Science.gov (United States)

    Mi-Kyung Kim; Seung Hyun Kim

    2003-01-01

    In Michigan, wine tourism is perceived as increasingly important concept because more and more tourists visit wineries and wine tasting rooms annually. However there have been few studies conducted concerning the economic impacts of wineries in Michigan even though the industry has been recognized as having significant economic impact potential. The primary purpose of...

  18. International Jobs and Economic Development Impacts (I-JEDI) Model

    Energy Technology Data Exchange (ETDEWEB)

    2016-09-01

    International Jobs and Economic Development Impacts (I-JEDI) is a freely available economic model that estimates gross economic impacts from wind, solar, biomass, and geothermal energy projects. Building on a similar model for the United States, I-JEDI was developed by the National Renewable Energy Laboratory under the U.S. government's Enhancing Capacity for Low Emission Development Strategies (EC-LEDS) program to support partner countries in assessing economic impacts of LEDS actions in the energy sector.

  19. How crude oil consumption impacts on economic growth of Sub-Saharan Africa?

    International Nuclear Information System (INIS)

    Bashiri Behmiri, Niaz; Pires Manso, José R.

    2013-01-01

    This study investigates the causality relationship between crude oil consumption and economic growth in twenty three Sub-Saharan African countries. We applied a multivariate panel Granger causality framework during 1985–2011 and we included crude oil price as the control variable of the model. The results indicate that in the short-run, there is a bi-directional causality relationship between crude oil consumption and economic growth in oil importing region and there is a uni-directional causality relationship from crude oil consumption to GDP in oil exporting region. However, in the long-run there is a bi-directional causality relationship between them in both regions. Therefore, reducing crude oil consumption without employing appropriate policies adversely impacts on economic growth of Sub-Saharan Africa. Hence, in order to reduce crude oil dependency of the region policymakers should pay more attention to the issue of energy efficiency programs. - Highlights: ► We examined Granger causality among oil consumption and GDP in Sub-Saharan Africa. ► Crude oil price is the control variable of the model. ► There is short run bi-directional causality among oil and GDP (oil importing). ► There is short run uni-directional causality from oil to GDP (oil exporting). ► There is a long run bi-directional causality among oil and GDP in both regions

  20. Economic and regional consequences of direct payments under the current CAP philosophy

    Directory of Open Access Journals (Sweden)

    Věra Bečvářová

    2011-01-01

    Full Text Available The paper deals with one of the key instruments of the actual EU Common Agricultural Policy (the CAP, the direct payments. The economic as well as the regional implications of application for direct payments in the CAP strategy are evaluated there. The study deals with the economic costs, direct and indirect effects of such type of subsidy in general and a demonstration thereof in the context of the development of the European model of agriculture. Based on the economic principle of this type of transfer evalution, the processes of the income redistribution in the framework of global/common policy in general is characterized. It explains the causes as well as the nature of implementation of this instrument in the reform processes in the last twenty years, focusing on the reasons and consequences of different application in the original and the new EU member states. It considers the question of whether this type of support to agriculture is truly a tool that does not interfere with market conditions affect the respective competitive ability of agricultural producers. In the context of changes to income support in agriculture in the CAP development process, the effect of decoupled payments on the pricing within the agricultural commodity markets is specified. At the same time the work deals with a broader social context and social impact of the differing forms of support in European regions.

  1. Types of adaptation of the system of enterprise economic security to the impact of subjects of tax regulation

    Directory of Open Access Journals (Sweden)

    Pohorelov Yurii S.

    2014-01-01

    Full Text Available The article offers the authors’ approach to identification of types of adaptation of the system of enterprise economic security to negative influence of subjects of tax regulation. It determines composition of these subjects and, separately, regulation subjects that form fundamental grounds of the tax sphere and subjects of effective influence, which directly interact with entrepreneurial structures and realise tax regulation of their activity in practice. As regards direct adaptation of the system of enterprise economic security, the article offers to mark out its individual types with respect to the set goal, essence of changes in the system of economic security, degree of its manageability and nature of accumulated changes. Moreover, the article offers a list of catalysts and inhibitors of adaptation of the system of enterprise economic security to impact of subjects of tax regulation. It also marks out adaptation parameters of the system of enterprise economic security to the impact of subjects of tax regulation and provides their gradations.

  2. The factors impacted to local contractor from Foreign Direct Investment in advancing economic hub development in Iskandar Malaysia

    Science.gov (United States)

    Syafiq Salim, Muhamad; Zakaria, Rozana; Aminuddin, Eeydzah; Hamid, Abdul Rahim Abdul; Abdullah, Redzuan; Shahzaib Khan, Jam

    2018-04-01

    Iskandar Malaysia is an advanced economic hub which is rapidly growing in the State of Johor. It has been an attractive place for Foreign Direct Investment (FDI) to invest. Many sectors are affected by the presence of FDI including the construction sector. This paper highlights the investigation on the effects of FDI to the local contractor in the Iskandar Malaysia Development. In this study, a questionnaire survey was carried out to gain the information on problems from internal factors and external factors that caused the limitation on involvement in FDI project by local contractors. 73 numbers of local contractor registered under CIDB in class G5, G6 and G7 are the respondents. Frequency analysis and Average Index Analysis are used for the results. This study provides the factors that impacted local construction players in Iskandar Malaysia Development. This study has portrayed that FDI plays a vital and significant role in spearheading the active involvement of local contractors in an urban sustainable development.

  3. ANALYSIS AND PARTICULARITIES OF EXTERNAL FACTORS IMPACT ON ECONOMICAL RESULTS OF STRATEGIC OBJECTS PLANNING DEVELOPMENT

    Directory of Open Access Journals (Sweden)

    V. V. Gromov

    2015-01-01

    Full Text Available Summary. The relevance of the scientific problem described in the article are: to determine changes in economic performance, the effectiveness of the sectoral components of the service sector from the effects of environmental factors, which allows them to reach the planned long-term economic performance; management decision-making about structural and organizational changes, implementation of investment projects in the renovation and modernization of fixed capital, the creation of technology, process and product innovations directly connected with the impact analysis of such external factors as economic, socio-cultural, legal, political, innovative. The structure of the article is formed on the basis of presentation of the impact of specific groups of environmental factors on the competitiveness and economic performance of industry components of services based on the technology of strategic planning; complience of logical sequence of presentation of materials, establishing a causal relationship, the interaction of factors and elements of studied problems and objects. Features of external factors impact on the effectiveness of macro-economic entities, sectoral components of services are to the adequacy of the measures and strategies to counter the negative impact on the economic development of the objects of strategic development. Features of status changes and influence of internal factors on local and sectoral socio-economic systems dictate the need for a part of the available resources, the level of efficiency of the use of labor resources, fixed and current assets. The contribution of the author in a scientific perspective of this topic is to carry out a comprehensive analysis of the impact of the main groups of external factors on economic activities of the service sector development; identifying features of internal factors impact on the economic and innovative development of strategic planning objects.

  4. Exchange rate volatility and oil prices shocks and its impact on economic sustainability

    Directory of Open Access Journals (Sweden)

    Khuram Shaf

    2015-01-01

    Full Text Available Impact of exchange rate volatility has received a great attention from the last century, its importance is certain in all sectors of the economy and it affects welfare as well as social life of the economy. Exchange rate between two currencies tells the value of one currency in terms of others one. Depreciation/Appreciation of exchange rate affects economic growth in terms of trade and shifts income to/from exporting countries from/to importing countries. The factors affecting exchange rate are inflation, interest rate, foreign direct investment, government consumption expenditure and balance of trade. This research study examines the impact of oil prices and exchange rate volatility on economic growth in Germany based on 40-year annual data. Cointegration technique is applied to check the impact of macroeconomic variables on exchange rate in the long run and short run. It is estimated that imports, exports, inflation, interest rate, government consumption expenditure and foreign direct investment had significant impacts on real effective exchange rate in the long run and short run. Sin addition, Engle Granger results indicate that relationship was significant for the long run and its error correction adjustment mechanism (ECM in short a run is significant and correctly signed for Germany.

  5. Regional sustainability in Northern Australia. A quantitative assessment of social, economic and environmental impacts

    International Nuclear Information System (INIS)

    Wood, Richard; Garnett, Stephen

    2010-01-01

    This paper seeks to provide a picture of sustainability of the Northern Territory by analysing a number of sustainability indicators across indigenous status and remoteness class. The paper seeks to extend current socio-economic statistics and analysis by including environmental considerations in a 'triple bottom line' or 'sustainability assessment' approach. Further, a life-cycle approach is employed for a number of indicators so that both direct and indirect impacts are considered where applicable. Whereas urban populations are generally doing better against most quantitative economic and social indicators, environmental indicators show the opposite, reflecting the increasing market-based environmental impacts of urban populations. As we seek to value these environmental impacts appropriately, it would be beneficial to start incorporating these results in policy and planning. (author)

  6. Financial analysis of foreign direct investment on economic growth of developing countries

    Directory of Open Access Journals (Sweden)

    Raičević Božidar

    2016-01-01

    Full Text Available The object of the research paper is to perform an empirical analysis of foreign direct investment (FDI influence on economic growth with the aim of establishing factors that will contribute to overcoming the problem. The research results imply that realistic exchange rate, export and import as well as state expenditures are statistically significant for predicting economic growth movement and they have a positive influence on FDI movement. Empirical analysis, contrary to expectations, has shown that FDI, public debt and openness have a negative impact on economic growth in the case of Republic of Serbia. In the following period Serbia has to decrease the share of budget deficit in GDP and control public debt. Serbia has to pay special attention to improving investment environment and encourage export oriented production, whereas finance management and continuation of reform processes are the basis for establishing sustainable development of country, with sustainable use of available resources.

  7. The economic impact of renewable energy

    International Nuclear Information System (INIS)

    1998-02-01

    This report summarises the findings of a project investigating the economic impact of renewable energy. The background to the study is traced, and potential sources of public finance for renewable projects, sensitivity analysis of the employment estimates , estimates of demand met by renewable energy technologies, the expenditures involved in investment in renewable energy; and sectoral linkages are examined. Wealth creation through investment in renewable energy, and the economic and employment impacts are explored. Plant retirement and replacement analysis, and input-output models are considered in appendices

  8. The economic impact of renewable energy

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1998-02-01

    This report summarises the findings of a project investigating the economic impact of renewable energy. The background to the study is traced, and potential sources of public finance for renewable projects, sensitivity analysis of the employment estimates , estimates of demand met by renewable energy technologies, the expenditures involved in investment in renewable energy; and sectoral linkages are examined. Wealth creation through investment in renewable energy, and the economic and employment impacts are explored. Plant retirement and replacement analysis, and input-output models are considered in appendices.

  9. Economic impacts of marine ecological change

    NARCIS (Netherlands)

    Groeneveld, Rolf A.; Bartelings, Heleen; Börger, Tobias; Bosello, Francesco; Buisman, Erik; Delpiazzo, Elisa; Eboli, Fabio; Fernandes, Jose A.; Hamon, Katell G.; Hattam, Caroline; Loureiro, Maria; Nunes, Paulo A.L.D.; Piwowarczyk, Joanna; Schasfoort, Femke E.; Simons, Sarah L.; Walker, Adam N.

    2018-01-01

    Marine ecological change is likely to have serious potential economic consequences for coastal economies all over the world. This article reviews the current literature on the economic impacts of marine ecological change, as well as a number of recent contributions to this literature carried out

  10. Economic impact of Beijing 2008 Olympic Games

    OpenAIRE

    Zheng, Peng

    2009-01-01

    It has been one year since Beijing successfully hosts the 2008 Olympic Games. It needs to stress the economic impacts of the city as the Olympic effect could boost economy of Beijing a long and lasting growth. In this paper, a large number of academic articles are reviewed given a general view of these impacts and put insights into the economic impacts of previous host cities. Both positive and negative effects are mentioned with rich discussions. Based on the statistical data, growth trend o...

  11. Economic Impacts of Power Shortage

    Directory of Open Access Journals (Sweden)

    Peng Ou

    2016-07-01

    Full Text Available The electricity industry is a basic industry of the national economy. It has experienced several large-scale power shortages, hard power shortage and soft power shortage, which have brought a great threat to China’s sustainable economic development. To solve this problem better, it is necessary to make a quantitative assessment of the economic impacts of power shortage. The CGE model is commonly used for simulating economic shocks and policy effects. It describes supply, demand and equilibrium in different markets by simulating the economic mechanism through a set of equations. Once changed, the exogenous variables will affect a certain part of the system and then the whole system, leading to changes in quantities and prices. The equilibrium state will also change from one to another. A static CGE model is built in this paper, and the Social Accounting Matrix (SAM of eight sectors of China in 2007 is compiled, in order to simulate the economic impacts of hard power shortage and soft power shortage. Simulation results show that the negative effects of power shortage on economic development are very significant, and the effects vary in different sectors. Especially, under the background of hard power shortage, the industrial sector suffers most. The economic cost of power shortage is considerable, and the main reason for it is the specific administrative pricing system in China. The low electricity price in the long term will lead to insufficient construction and hard power shortage; moreover, that in the short run would result in soft power shortage. In order to solve the problem of power shortage completely, power system reform is inevitable.

  12. Economic Impact of the Hawaii State Public Library System (HSPLS) on the Business and Tourism Industries Study: Final Report

    Science.gov (United States)

    Ryan, Joe; McClure, Charles R.

    2003-01-01

    Ryan Information Management conducted a return on investment (ROI) study of the economic value of the Hawaii State Public Library System (HSPLS) and identified potential additional sources of operating revenue. HSPLS economic value was examined from four viewpoints, HSPLS: direct economic impact, market value, peer comparison and value to library…

  13. BASEL III: long-term impact on economic performance and fluctuations

    OpenAIRE

    Paolo Angelini; Laurent Clerc; Vasco Cúrdia; Leonardo Gambacorta; Andrea Gerali; Alberto Locarno; Roberto Motto; Werner Roeger; Skander J. van den Heuvel; Jan Vlcek

    2011-01-01

    We assess the long-term economic impact of the new regulatory standards (the Basel III reform), answering the following questions: 1) What is the impact of the reform on longterm economic performance? 2) What is the impact of the reform on economic fluctuations? 3) What is the impact of the adoption of countercyclical capital buffers on economic fluctuations? The main results are the following: 1) Each percentage point increase in the capital ratio causes a median 0.09 percent decline in the ...

  14. The Direct and Indirect Impact of Pharmaceutical Industry in Economic Expansion and Job Creation: Evidence from Bootstrapping and Normal Theory Methods

    Directory of Open Access Journals (Sweden)

    Rizwan Raheem Ahmed

    2018-05-01

    Full Text Available The objective of this research article is to examine the role of Pakistan’s pharmaceutical industry in job creation opportunities, with the sacred intention to eradicate poverty, and expansion in economic activities. This research is quantitative in nature, and the data is directly gathered through closed-ended questionnaires from 300 respondents. Besides predictors’, four mediating variables have also been taken into consideration that contribute indirectly in job creation opportunities. Bootstrapping and Normal theory methods have been employed in order to examine the impact of predictors’ and mediating variables. The result of this research confirmed that pharmaceutical industry plays a vital role in job creation in Pakistan. It is further concluded that the pharmaceutical industry has a direct and significant impact in job creation by providing indigenous and direct job opportunities in sales, marketing, and other supporting departments for both skilled and unskilled workers. Pharmaceutical industry also provides indirect job opportunities through other industries, which are very much linked with this industry, such as: pharmaceutical distributors, dealers, retailers, wholesalers, hotel industry, and event management industry. It is also determined that pharmaceutical industry is acting like knowledge and skills imparting institutions. Therefore, skilled-based training and organizational learning are major mediating variables that transform unskilled people into human assets, which further trigger the future job prospects. Since pharmaceutical industry is one of the biggest industries in Pakistan, providing plenteous opportunities of new jobs with consistent growth. Thus, mediating variables such as motivation and interpersonal influence also preceded an active role in new job creation

  15. 78 FR 6322 - Economic Impact Policy

    Science.gov (United States)

    2013-01-30

    ... EXPORT-IMPORT BANK Economic Impact Policy This notice is to inform the public that the Export..., France, Germany, Greece, Hungary, Indonesia, Italy, Kenya, Malaysia, Philippines, Poland, Romania... comments on this transaction by email to economic[email protected] or by mail to 811 Vermont Avenue NW...

  16. Social and economic impact of diabetics in Bangladesh: protocol for a case–control study

    Science.gov (United States)

    2013-01-01

    Background Diabetes affects both individuals and their families and has an impact on economic and social development of a country. Information on the availability, cost, and quality of medical care for diabetes is mostly not available for many low- and middle-income countries including Bangladesh. Complications from diabetes, which can be devastating, could largely be prevented by wider use of several inexpensive generic medicines, simple tests and monitoring and can be a cost saving intervention. This study will provide an in-depth and comprehensive picture of social and economic impacts of diabetes in Bangladesh and propose clear recommendations for improving prevention and management of diabetes. The objectives of the study are: 1) To study the association between diabetes and other health problems and its social impacts 2) To estimate the economic impact of diabetes including total direct and indirect costs 3) To measure the impact of diabetes on quality of life among diabetes patients in Bangladesh 4) To study the impact of diabetes on the health care system Methods This is a case–control study comparing cases with type 2 diabetes to controls without diabetes matched on age, sex and place of residence. 564 cases and 564 controls will be selected from the outpatient department of a tertiary hospital in Dhaka, Bangladesh. Data on socioeconomic status, health utility index, direct and indirect costs for diabetes, medication adherence, quality of life, treatment satisfaction, diet, physical activity, mental state examination, weight, height, hip and waist circumference, blood pressure, pulse, medication history, laboratory data and physical examination will be conducted. Outcome measures: The primary outcome measures will be association between diabetes and other health problems, cost of diabetes, impact of diabetes on quality of life and secondary outcome measures are impact of diabetes on healthcare systems in Bangladesh. Discussion This study will provide an

  17. Estimation of economic impacts of cellulosic biofuel production: a comparative analysis of three biofuel pathways: Economic impacts of biofuel production

    Energy Technology Data Exchange (ETDEWEB)

    Zhang, Yimin; Goldberg, Marshall; Tan, Eric; Meyer, Pimphan A.

    2016-03-07

    The development of a cellulosic biofuel industry utilizing domestic biomass resources is expected to create opportunities for economic growth resulting from the construction and operation of new biorefineries. We applied an economic input-output model to estimate potential economic impacts, particularly gross job growth, resulting from the construction and operation of biorefineries using three different technology pathways: 1) cellulosic ethanol via biochemical conversion in Iowa, 2) renewable diesel blendstock via biological conversion in Georgia, and 3) renewable diesel and gasoline blendstock via fast pyrolysis in Mississippi. Combining direct, indirect, and induced effects, capital investment associated with the construction of a biorefinery processing 2,000 dry metric tons of biomass per day (DMT/day) could yield between 5,960 and 8,470 full-time equivalent (FTE) jobs during the construction period. Fast pyrolysis biorefineries produce the most jobs on a project level thanks to the highest capital requirement among the three pathways. Normalized for one million dollars of capital investment, the fast pyrolysis biorefineries are estimated to yield slighter more jobs (12.1 jobs) than the renewable diesel (11.8 jobs) and the cellulosic ethanol (11.6 jobs) biorefineries. While operating biorefineries is not labor-intensive, the annual operation of a 2,000 DMT/day biorefinery could support between 720 and 970 jobs when the direct, indirect, and induced effects are considered. The major factor, which results in the variations among the three pathways, is the type of biomass feedstock used for biofuels. The agriculture/forest, services, and trade industries are the primary sectors that will benefit from the ongoing operation of biorefineries.

  18. Socio-economic impacts of nuclear generating stations

    International Nuclear Information System (INIS)

    Weisiger, M.L.; Pijawka, K.D.

    1982-07-01

    This report documents a case study of the socio-economic impacts of the construction and operation of the St. Lucie nuclear power station. It is part of a major post-licensing study of the socio-economic impacts at twelve nuclear power stations. The case study covers the period beginning with the announcement of plans to construct the reactor and ending in the period, 1980-1981. The case study deals with changes in the economy, population, settlement patterns and housing, local government and public services, social structure, and public response in the study area during the construction/operation of the reactor. A regional modeling approach is used to trace the impact of construction/operation on the local economy, labor market, and housing market. Emphasis in the study is on the attribution of socio-economic impacts to the reactor or other causal factors. As part of the study of local public response to the construction/operation of the reactor, the effects of the Three Mile Island accident are examined

  19. The impact of economic globalisation on health.

    Science.gov (United States)

    Koivusalo, Meri

    2006-01-01

    The analysis of the impact of economic globalisation on health depends on how it is defined and should consider how it shapes both health and health policies. I first discuss the ways in which economic globalisation can and has been defined and then why it is important to analyse its impact both in terms of health and health policies. I then explore the ways in which economic globalisation influences health and health policies and how this relates to equity, social justice, and the role of values and social rights in societies. Finally, I argue that the process of economic globalisation provides a common challenge for all health systems across the globe and requires a broader debate on values, accountability, and policy approaches.

  20. Evaluating the relative impact of climate and economic changes on forest and agricultural ecosystem services in mountain regions.

    Science.gov (United States)

    Briner, Simon; Elkin, Ché; Huber, Robert

    2013-11-15

    Provisioning of ecosystem services (ES) in mountainous regions is predicted to be influenced by i) the direct biophysical impacts of climate change, ii) climate mediated land use change, and iii) socioeconomic driven changes in land use. The relative importance and the spatial distribution of these factors on forest and agricultural derived ES, however, is unclear, making the implementation of ES management schemes difficult. Using an integrated economic-ecological modeling framework, we evaluated the impact of these driving forces on the provision of forest and agricultural ES in a mountain region of southern Switzerland. Results imply that forest ES will be strongly influenced by the direct impact of climate change, but that changes in land use will have a comparatively small impact. The simulation of direct impacts of climate change affects forest ES at all elevations, while land use changes can only be found at high elevations. In contrast, changes to agricultural ES were found to be primarily due to shifts in economic conditions that alter land use and land management. The direct influence of climate change on agriculture is only predicted to be substantial at high elevations, while socioeconomic driven shifts in land use are projected to affect agricultural ES at all elevations. Our simulation results suggest that policy schemes designed to mitigate the negative impact of climate change on forests should focus on suitable adaptive management plans, accelerating adaptation processes for currently forested areas. To maintain provision of agricultural ES policy needs to focus on economic conditions rather than on supporting adaptation to new climate. Copyright © 2013 Elsevier Ltd. All rights reserved.

  1. Impact of FDI on the Economic Development of Serbia and Poland

    Directory of Open Access Journals (Sweden)

    Ranka Mitrovic

    2017-07-01

    Full Text Available Investments are crucial for economic growth. In the contemporary environment of intensive international financial connections and with the expansion of transnational companies a substantial part of investments are made by foreign companies. Beneficial factors for foreign direct investments are natural resources, geographical position, specifics of the labour force, the technology level and other specifics for certain country conditions. The intensive globalisation process in recent decades contributed to an easier movement of capital by cutting restrictions. The main purpose of this paper is to investigate the nature of FDIs in Serbia and Poland and their role in economic growth, as well as the effects they create in local economies. This paper will show a comparative analysis between Serbia and Poland regarding the impact of FDIs on the economic development of both countries.

  2. ECONOMIC IMPACTS OF TOURISM: THE EVIDENCE OF MACEDONIA

    OpenAIRE

    Biljana Petrevska

    2012-01-01

    Due to variety of positive impacts, each country is interested in developing tourism. This paper disentangles the economic impacts of tourism industry in Macedonia and makes an attempt to assess the contribution to the economic development. So, some commonly applied economic parameters are addressed. Moreover, different types of analysis are performed, based on available sources of secondary data supplemented by descriptive statistics. The data set spreads over a twenty year horizon, covering...

  3. Climate change. Socio-economic impacts and violent conflict

    International Nuclear Information System (INIS)

    Van Ierland, E.C.; Klaassen, M.G.; Nierop, T.; Van der Wusten, H.

    1996-01-01

    The results of a literature study on the socio-economic impacts of climate change and the possibilities of violent conflicts enhanced by the greenhouse effect are presented. The socio-economic impacts are classified according to the economic sectors agriculture, forestry, fishery, energy, water, construction, transport, tourism and recreation and discussed in Chapter 2. The impacts on property, ecosystems and human well being are outlined in chapter 3. Chapter 4 deals with climate change and environmental security, and discusses the most important concepts of security and their relation to climate change. Chapter 5 deals with already existing and potential conflicts, that may be enhanced by the greenhouse effect as a result of resource scarcity, particularly related to availability of food and water. On the basis of the literature study and an analysis of research gaps propositions are made on new areas of research to be undertaken. The study emphasizes the need to further study the impact on agriculture in semi-arid zones, the impact on water availability in sensitive regions, a further analysis of the consequences of sea level rise particularly in sensitive areas and with regard to forced migration. Also further studies are required into the socio-economic impacts of changes in human health and mortality due to climate change, in relation to diseases. Special attention should be paid to migration because of environmental degradation and flooding. Extreme weather events have already been studied, but there still is a need for further insights into how extreme weather events will affect society, taking into account adaptive behaviour. Finally, in the area of socio-economic impacts, the implications of changes in ecosystems and biodiversity require further attention as these effects may be large but, at the same time, difficult to assess in economic terms. 175 refs

  4. Economic impacts of Medicaid in North Carolina.

    Science.gov (United States)

    Dumas, Christopher; Hall, William; Garrett, Patricia

    2008-01-01

    The purpose of this study is to provide estimates of the economic impacts of Medicaid program expenditures in North Carolina in state fiscal year (SFY) 2003. The study uses input-output analysis to estimate the economic impacts of Medicaid expenditures. The study uses North Carolina Medicaid program expenditure data for SFY 2003 as submitted by the North Carolina Division of Medical Assistance to the federal Centers for Medicare and Medicaid Services (CMS). Industry structure data from 2002 that are part of the IMPLAN input-output modeling software database are also used in the analysis. In SFY 2003 $6.307 billion in Medicaid program expenditures occurred within the state of North Carolina-$3.941 billion federal dollars, $2.014 billion state dollars, and $351 million in local government funds. Each dollar of state and local government expenditures brought $1.67 in federal Medicaid cost-share to the state. The economic impacts within North Carolina of the 2003 Medicaid expenditures included the following: 182,000 jobs supported (including both full-time and some part-time jobs); $6.1 billion in labor income (wages, salaries, sole proprietorship/partnership profits); and $1.9 billion in capital income (rents, interest payments, corporate dividend payments). If the Medicaid program were shut down and the funds returned to taxpayers who saved/spent the funds according to typical consumer expenditure patterns, employment in North Carolina would fall by an estimated 67,400 jobs, and labor income would fall by $2.83 billion, due to the labor-intensive nature of Medicaid expenditures. Medicaid expenditure and economic impact results do not capture the economic value of the improved health and well-being of Medicaid recipients. Furthermore, the results do not capture the savings to society from increased preventive care and reduced uncompensated care resulting from Medicaid. State and local government expenditures do not fully capture the economic consequences of Medicaid

  5. Regional sustainability in Northern Australia. A quantitative assessment of social, economic and environmental impacts

    Energy Technology Data Exchange (ETDEWEB)

    Wood, Richard [School for Environmental Research, Charles Darwin University, NT 0909 (Australia); Industrial Ecology Program, NTNU, Trondheim (Norway); Integrated Sustainability Analysis, University of Sydney, NSW 2006 (Australia); Garnett, Stephen [School for Environmental Research, Charles Darwin University, NT 0909 (Australia)

    2010-07-15

    This paper seeks to provide a picture of sustainability of the Northern Territory by analysing a number of sustainability indicators across indigenous status and remoteness class. The paper seeks to extend current socio-economic statistics and analysis by including environmental considerations in a 'triple bottom line' or 'sustainability assessment' approach. Further, a life-cycle approach is employed for a number of indicators so that both direct and indirect impacts are considered where applicable. Whereas urban populations are generally doing better against most quantitative economic and social indicators, environmental indicators show the opposite, reflecting the increasing market-based environmental impacts of urban populations. As we seek to value these environmental impacts appropriately, it would be beneficial to start incorporating these results in policy and planning. (author)

  6. Outward foreign direct investments and home country's economic growth

    Science.gov (United States)

    Ciesielska, Dorota; Kołtuniak, Marcin

    2017-09-01

    The study examines the time stability of the causality direction and cross-correlations between the home country's economic growth and pace of growth of its outward foreign direct investment (OFDI) stocks within the complex system of the Polish national economy. The research has been performed in order to verify, using both the time and frequency domains time series analyses, if economic agents' long term decisions on outward foreign direct investments, leading to cross-border value chains and production fragmentation processes, are of adaptive or predictive character. Consequently, the aim was to check if the home country's economic growth leads the internationalization processes of domestic enterprises, which stays in line with Dunning's Investment Development Path (IDP) paradigm, or if these complex processes, thanks to entrepreneurs' ability to formulate relevant rational expectations, precede the home country's economic growth, which would be supported with the introduction of the policy on reinforcing the internationalization processes of domestic enterprises. The presence of the unidirectional economic growth-led internationalization, consistent with the IDP concept's base assumptions, has been ascertained by the results of the short term Granger causality tests. Nevertheless, the results of the wavelet analyses, supported with the results of the econometric block exogeneity long term causality Wald tests, have revealed that in the long term the OFDI stocks' growth permanently precedes the home country's economic growth, which stays in the unequivocal contrast with the IDP paradigm's premises, as well as with the indicated above short term Granger causality tests' outcomes and indicates that economic agents' choices are not strictly of adaptive but also of predictive character, which influences the current state of knowledge on economic complex systems' characteristics. Such a result is of a great importance in the light of the existence of the significant

  7. The Impact of High School Economics on the College Principles of Economics Course.

    Science.gov (United States)

    Brasfield, David W.

    1993-01-01

    Reports on a study of 1,119 students in introductory college economics courses to determine the impact of high school economics on student achievement. Finds that prior high school economics was positively and significantly related to students grades in both introductory microeconomics and macroeconomics courses. (CFR)

  8. Economic Impacts of the Southern Pine Beetle

    Science.gov (United States)

    John M. Pye; Thomas P. Holmes; Jeffrey P. Prestemon; David N. Wear

    2011-01-01

    This paper provides an overview of the timber economic impacts of the southern pine beetle (SPB). Although we anticipate that SPB outbreaks cause substantial economic losses to households that consume the nonmarket economic services provided by healthy forests, we have narrowly focused our attention here on changes in values to timber growers and wood-products...

  9. Evaluating the economic and noneconomic impacts of the veterinary medical profession in Michigan.

    Science.gov (United States)

    Lloyd, J W; Dartt, B A

    2000-01-01

    This study reaffirms the diversity and breadth of the veterinary profession. As it turns out, some of the furthest-reaching impacts of the veterinary medical profession were largely non-quantifiable. The veterinary medical profession had a substantial direct economic impact in Michigan during 1995. The total economic contribution of the veterinary medical profession to Michigan during 1995 that was attributable to expenditures on salaries, supplies, services, and their multiplier effect was approximately $500 million. In addition, the profession was associated with nearly 8,500 jobs (combined professional and lay positions). The veterinary medical profession was also considered to have an impact on the prosperity of the live-stock, equine, and pet food industries in Michigan, even though the economic contribution in these areas could not be directly quantified. Economic well-being of the individual businesses in these industries is directly related to the health and productivity of the associated animals, and improvements in output or productivity that accompany improved animal health likely carry substantial economic benefits in these sectors. In addition, progressive animal health management provides a crucial method of managing risk in the animal industries. Similarly, although the economic contribution could not be quantified, the veterinary medical profession enhances the safety and quality of human food through research, regulation, and quality assurance programs in livestock production, minimizing the risk of drug residues and microbial contamination. During 1995, approximately 5.3 million Michigan residents benefitted from the physical, psychological, and emotional well-being that accompanies companion animal ownership. By preserving the health and longevity of companion animals, veterinarians sustain and enhance these aspects of the human-animal bond. As Michigan enters a new century, it is likely that the state's veterinary medical profession will

  10. Economic Evaluation of Climate Change Impacts and Adaptation in Italy

    International Nuclear Information System (INIS)

    Gambarelli, G.; Goria, A.

    2004-07-01

    The paper deals with the social and economic dimensions of climate change impacts and adaptation in Italy. The ultimate aim of the paper is to provide policy makers and experts with a conceptual framework, as well as methodological and operational tools for dealing with climate change impacts and adaptation from an economic perspective. In order to do so, first a conceptual and theoretical framework of the economic assessment of climate change impacts is presented and the state of the art about impact assessment studies is briefly analysed. Then, the Italian case is taken into account, by underlying the main impacts and adaptation challenges that are likely to be implied by climate change in the next decades. The analysis of the Italian case is particularly addressed through the description of the methodology and results of two case studies. The first one, dealing mainly with impact assessment, is carried out at the national level and is part of a EC funded project on Weather Impacts on Natural, Social and Economic Systems (WISE). The second one is carried out at the local level and focuses on sea level rise impacts and adaptation in a plane south of Rome. The two case studies allow to propose simple and flexible methodologies for the economic impact assessment and the economic valuation of adaptation strategies

  11. Impact of Artificial Intelligence on Economic Theory

    OpenAIRE

    Tshilidzi Marwala

    2015-01-01

    Artificial intelligence has impacted many aspects of human life. This paper studies the impact of artificial intelligence on economic theory. In particular we study the impact of artificial intelligence on the theory of bounded rationality, efficient market hypothesis and prospect theory.

  12. THE IMPACT OF CULTURE ON THE ECONOMIC CRISIS

    Directory of Open Access Journals (Sweden)

    CARINA-ELENA STEGĂROIU

    2016-06-01

    Full Text Available This premise of this paper is based on the concept of hedonistic culture, which contributes to financial fragility, damages assessment of future capacity (generating investment myopia and short-termism and enhances current opportunism. The paper aims to analyze economic culture as a factor of influence on the global economic crisis, considering the culture of modern capitalism that should be defined as a hedonistic culture, and this culture can contribute to global economic crises. According to the hypothesis of this article, the economic culture and not the individuals underlie economic decisions. Accordingly, the decisions that are taken in the economy, influenced by the dominant culture can have both a positive impact on the economy or a destructive one by generating or maintaining economic crises. The current economic culture authorizes extensive use of loans, including those for consumption, thus generating financial fragility and consequently economic crisis. Hedonistic culture leads operators to focus almost entirely on short-term consequences of his actions to the detriment of long-term outcomes. It is this connection plays an important role in explaining current global crisis resistance. Opportunism emphasized as part of the hedonistic culture also affects the generation and maintenance of the global crisis and unethical behavior by refusing to invest in strategic areas for the economy. This is particularly the widespread use of credit, including the consumer, in preference to short-term investments at the expense of long-term, low appreciation of the future and also a high and growing opportunism. The global crisis is the result of interdependence agents, burdened by debt, especially short-term constantly growing which is a high financial fragility, directed almost exclusively at short-term gains and tend to cheat in their mutual relations.

  13. Socio-economic impacts of the 2010 FIFA World Cup | Hermann ...

    African Journals Online (AJOL)

    Socio-economic impacts of the 2010 FIFA World Cup. ... Literature on the impacts of mega events on tourism is available but limited in number in terms of the impacts of mega events on local residents. This study analyses the post ... Keywords: Mega events, economic impacts, social impacts, World Cup, local community.

  14. The Impact of Women Economic Group Conflicts on the ...

    African Journals Online (AJOL)

    The Impact of Women Economic Group Conflicts on the Development of their Projects: ... among women and their impact on the success of their economic projects. ... The target group was the petty business women in Kinondoni municipality.

  15. Using Economic Impact Models as an Educational Tool in Community Economic Development Programming: Lessons from Pennsylvania and Wisconsin.

    Science.gov (United States)

    Shields, Martin; Deller, Steven C.

    2003-01-01

    Outlines an educational process designed to help provide communities with economic, social, and political information using community economic impact modeling. Describes the process of community meetings using economic impact, community demographics, and fiscal impact modules and the local preconditions that help make the process successful. (SK)

  16. Modelling the economic impacts of addressing climate change

    International Nuclear Information System (INIS)

    2002-01-01

    This Power Point report presents highlights of the latest economic modelling of Canada's Kyoto commitment to address climate change. It presents framework assumptions and a snapshot under 4 scenarios. The objective of this report is to evaluate the national, sectoral, provincial and territorial impacts of the federal reference case policy package in which the emissions reduction target is 170 Mt from a business-as-usual scenario. The reference case policy package also includes 30 Mt of sinks from current packages of which 20 Mt are derived from the forestry sector and the remainder from agricultural sector. The report examined 4 scenarios based on 2 international carbon prices ($10 and $50) per tonne of carbon dioxide in 2010. The scenarios were also based on the fiscal assumptions that climate change initiatives and revenue losses would directly affect the governments' balances, or that the government balances are maintained by increasing personal income tax. A comparison of impacts under each of the 4 scenarios to 2010 was presented. The model presents impacts on GDP, employment, disposable income per household, and energy prices. 4 tabs., 4 figs

  17. A systematic review of the evidence concerning the economic impact of employee-focused health promotion and wellness programs.

    Science.gov (United States)

    Lerner, Debra; Rodday, Angie Mae; Cohen, Joshua T; Rogers, William H

    2013-02-01

    To assess the evidence regarding the economic impact of worker health promotion programs. Peer-reviewed research articles were identified from a database search. Included articles were published between January 2000 and May 2010, described a study conducted in the United States that used an experimental or quasi-experimental study design and analyzed medical, pharmacy (direct), and/or work productivity (indirect) costs. A multidisciplinary review team, following specific criteria, assessed research quality. Of 2030 retrieved articles, 44 met study inclusion criteria. Of these, 10 were of sufficient quality to be considered evidentiary. Only three analyzed direct and indirect costs. Evidence regarding economic impact is limited and inconsistent. Higher-quality research is needed to demonstrate the value of specific programs.

  18. How do Economic Crises Impact Firm Boundaries?

    DEFF Research Database (Denmark)

    Foss, Kirsten

    2010-01-01

    How economic crises impact the boundaries of firms has been offered virtually no attention in the literature on the theory of the firm. I review the best-known theories of the firm and identify the variables that matter for the explanation of firm boundaries. I then examine how an economic crisis...... may impact these variables and change efficient firm boundaries. The various theories of the firm have difficulties explaining how firms efficiently adapt their boundaries to such prominent characteristics of economic crisis as declining demand and increased costs of external finance. However, all...... these theories stress uncertainty as an antecedent of firm organization, and as uncertainty is also an important characteristic of an economic crisis I examine how uncertainty is allowed to play out in the various theories in order to identify what predictions we can derive from the theory regarding changes...

  19. The economic impact of the Department of Energy on the state of New Mexico fiscal year 1997

    Energy Technology Data Exchange (ETDEWEB)

    Lansford, R.R.; Nielsen, T.G.; Schultz, J. [New Mexico State Univ., Las Cruces, NM (United States); Adcock, L.D.; Gentry, L.M. [Dept. of Energy, Albuquerque, NM (United States). Albuquerque Operations Office; Ben-David, S. [Univ. of New Mexico, Albuquerque, NM (United States). Dept. of Economics; Temple, J. [Temple (John), Albuquerque, NM (United States)

    1998-05-29

    The US Department of Energy (DOE) provides a major source of economic benefits in New Mexico. The agency`s far-reaching economic influence within the state is the focus of this report. Economic benefits arising from the various activities and functions of both DOE and its contractors have accrued to the state continuously for over 50 years. For several years, DOE/Albuquerque Operations Office (AL) and New Mexico State University (NMSU) have maintained inter-industry, input-output modeling capabilities to assess DOE`s impacts on the state of New Mexico and the other substate regions most directly impacted by DOE activities. One of the major uses of input-output techniques is to assess the effects of developments initiated outside the economy such as federal DOE monies that flow into the state, on an economy. The information on which the models are based is updated periodically to ensure the most accurate depiction possible of the economy for the period of reference. For this report, the reference periods are Fiscal Year (FY) 1996 and FY 1997. Total impacts represents both direct and indirect impacts (respending by business), including induced (respending by households) effects. The standard multipliers used in determining impacts result from the inter-industry, input-output models uniquely developed for New Mexico. This report includes seven main sections: (1) introduction; (2) profile of DOE activities in New Mexico; (3) DOE expenditure patterns; (4) measuring DOE/New Mexico`s economic impact; (5) technology transfer within the federal labs funded by DOE/New Mexico; (6) glossary of terms; and (7) technical appendix containing a description of the model. 9 figs., 19 tabs.

  20. The economic impact of the Department of Energy on the state of New Mexico fiscal year 1997

    International Nuclear Information System (INIS)

    Lansford, R.R.; Nielsen, T.G.; Schultz, J.; Adcock, L.D.; Gentry, L.M.

    1998-01-01

    The US Department of Energy (DOE) provides a major source of economic benefits in New Mexico. The agency's far-reaching economic influence within the state is the focus of this report. Economic benefits arising from the various activities and functions of both DOE and its contractors have accrued to the state continuously for over 50 years. For several years, DOE/Albuquerque Operations Office (AL) and New Mexico State University (NMSU) have maintained inter-industry, input-output modeling capabilities to assess DOE's impacts on the state of New Mexico and the other substate regions most directly impacted by DOE activities. One of the major uses of input-output techniques is to assess the effects of developments initiated outside the economy such as federal DOE monies that flow into the state, on an economy. The information on which the models are based is updated periodically to ensure the most accurate depiction possible of the economy for the period of reference. For this report, the reference periods are Fiscal Year (FY) 1996 and FY 1997. Total impacts represents both direct and indirect impacts (respending by business), including induced (respending by households) effects. The standard multipliers used in determining impacts result from the inter-industry, input-output models uniquely developed for New Mexico. This report includes seven main sections: (1) introduction; (2) profile of DOE activities in New Mexico; (3) DOE expenditure patterns; (4) measuring DOE/New Mexico's economic impact; (5) technology transfer within the federal labs funded by DOE/New Mexico; (6) glossary of terms; and (7) technical appendix containing a description of the model. 9 figs., 19 tabs

  1. Impact of tourism on roundabout of economic process

    Directory of Open Access Journals (Sweden)

    Vujović Slavoljub

    2016-01-01

    Full Text Available The relation between of production and consumption units, market mechanisms, and the behaviour of economic subjects in the market are aspects that enable an understanding of tourism in the economic process. Two basic factors of tourism 'free time and free money' as the goal of creation of each individual, striving to meet the needs for luxury, rest, rehabilitation and recreation, are directly linked to the basic economic relationship, the relationship between limited resources and unlimited needs. Not respecting the principles and rules of the socio-economic sphere, by the dynamics of the development of techno-economic sphere, the increasing difference between the poor majority and rich minority in the world, causing many economic and social problems. Given the economic problems on a global level, further directions of development of tourism should be sought through the analysis of the relationship, or better to say, interdependence of development of techno-economic and socio-economic spheres. This paper seeks to determine and clarify the importance of tourism as a factor stimulating circular flow of economic processes.

  2. The economic impact of recreation development: a synopsis

    Science.gov (United States)

    Wendell G. Breadsley

    1971-01-01

    Economic impacts per dollar of tourist expenditure have generally been found to be low compared to other economic sectors in local less-developed areas where recreation development is often proposed as a stimulus for economic growth. Tourism, however, can be economically important where potential or existing recreation attractions can encourage tourist spending in...

  3. The regional economic impact of oil and gas extraction in Texas

    International Nuclear Information System (INIS)

    Lee, Jim

    2015-01-01

    This paper empirically investigates the regional economic impact of oil and gas extraction in Texas during the recent shale oil boom. Regressions with county-level data over the period 2009–2014 support smaller multiplier effects on local employment and income than corresponding estimates drawn from popular input–output-based studies. Economic impacts were larger for extraction from gas wells than oil wells, while the drilling phase generated comparable impacts. Estimates of economic impacts are greater in a dynamic spatial panel model that allows for spillover effects across local economies as well as over time. - Highlights: • Economic impacts and multiplier effects differ between oil and gas wells in Texas. • Interactions among local economies raise employment and income effects. • Impacts persist over time, raising the long-run multipliers. • Greater economic impacts from newly drilled wells than legacy wells.

  4. The economic impact of energy saving retrofits of residential and public buildings in Croatia

    International Nuclear Information System (INIS)

    Mikulić, Davor; Bakarić, Ivana Rašić; Slijepčević, Sunčana

    2016-01-01

    The purpose of this paper is to estimunate the impact of energy saving investment in residential and public buildings in Croatia for the period 2015–2020. The aim is to assess the overall socio-economic impact of energy saving renovation measures defined in Croatian strategic documents in terms of the direct, indirect and induced growth of gross value added, employment and government revenues. An estimate of the avoided costs of air pollution is also included. The overall economic impact assessment is based on an input-output methodology. From the point of view of individual investors, the benefits in terms of reduced future expenses related to energy products are usually below energy efficient renovation investment costs, making an investment financially viable only if government support is provided. If the benefits for society as a whole are included, energy efficient renovation could be assessed as viable even in the short-run. Energy saving retrofits of residential and public buildings positively contribute to economic growth, employment and protection of the environment. Because of economic growth, the tax revenues induced by these investments could compensate for government expenditures, and the overall impact on the public deficit is expected to be neutral even in the short-run. - Highlights: •Estimate of the overall socioeconomic impact of energy saving renovation measures on national economy. •Energy efficient renovation if not subsidised is not financially viable from the owner perspective. •Total social benefits are higher than social costs due to positive externalities. •Impact of subsidies on public deficit is neutral even in the short run.

  5. Impacts of EU carbon emission trade directive on energy-intensive industries. Indicative micro-economic analyses

    International Nuclear Information System (INIS)

    Lund, Peter

    2007-01-01

    The cost impacts from the European emission trading system (ETS) on energy-intensive manufacturing industries have been investigated. The effects consist of direct costs associated to the CO 2 reduction requirements stated in the EU Directive, and of indirect costs of comparable magnitude that originate from a higher electricity price triggered by the ETS in the power sector. The total cost impacts remain below 2% of the production value for most industries within the ETS in the Kyoto period. In the post-Kyoto phase assuming a 30% CO 2 reduction, the total cost impact may raise up to 8% of production value in the heaviest industry sectors. In steel and cement industries the cost impacts are 3-4 fold compared to the least affected pulp and paper and oil refining. Electricity-intensive industries outside the ETS will also be affected, for example in aluminum and chlorine production the indirect cost impacts from ETS could come up to 10% of production value already in the Kyoto period. As industry sectors are affected differently by the ETS some correcting mechanisms may be worthwhile to consider in securing the operation of the most electricity-intensive sectors, e.g. balancing taxation schemes that may include as income source a levy on the wind-fall profits of the power sector due to ETS. A future improvement in ETS for industries within the scheme could be scaling of the emission reduction requirement so that the relative total emission reduction costs are at about the same level. (author)

  6. Community leaders' perspectives on socio-economic impacts of power-plant development

    International Nuclear Information System (INIS)

    Hastings, M.; Cawley, M.E.

    1981-01-01

    The primary focus of this research effort was to identify and measure the socioeconomic impacts of power plant development on non-metropolitan host communities. A mail survey, distributed to community leaders in 100 power plant communities east of the Mississippi River, was utilized to gather information from 713 respondents. Community leaders were questioned as to the plant's impact on (a) community groups, (b) aspects of community life, (c) overall community acceptance and (d) attitudes toward power plant development. Overall, the trends and patterns of plant impact on the host communities were found to be largely positive. Specifically, local employment opportunities were generally enhanced with the advent of the power plant. Directly related to power plant development was the overall improvement of the local economic situation. Off-shoots from such in the economic area included related general improvements in the community quality of life. While the vast majority of community leaders responded with positive comments on power plant presence, adverse impacts were also mentioned. Negative comments focused on environmental problems, deterioration of roads and traffic conditions, and the possibility of nuclear accidents. Despite these negative impacts, almost two-thirds of the community leaders would definitely support the reconstruction of the same energy facility. Power plant development, therefore, is generally perceived as both a positive and beneficial asset for the host area. (author)

  7. Economic openness and economic growth: A cointegration analysis for ASEAN-5 countries

    Directory of Open Access Journals (Sweden)

    Klimis Vogiatzoglou

    2016-11-01

    Full Text Available The paper considers three channels of economic openness, namely FDI, imports, and exports, and examines their short-run and long-run effects on the economic growth in the five founding member countries of the Association of Southeast Asian Nations (ASEAN over the period from 1980 to 2014. Besides the impact on the economic growth, the authors analyze all possible causal interrelationships to discern patterns and directions of causality among FDI, imports, exports, and GDP. The quantitative analysis, which is based on the vector error correction co-integration framework, is conducted separately for each country in order to assess their individual experiences and allow for a comparative view. Although the precise details differ across countries, the findings indicate that there is a long-run equilibrium relationship between economic openness and GDP in all ASEAN-5 economies. FDI, imports and exports have a significantly positive short-run and long-run impact on the economic growth. Our results also show that export-led growth is the most important economic growth factor in most countries, followed by FDI-led growth. Another crucial finding is the bi-directional causality between exports and FDI across the ASEAN-5 countries. This indicates the presence of direct and indirect effects on GDP and a self-reinforcing process of causality between those two variables, which strengthens their impact on the economic growth.

  8. Testing Realistic Disaster Scenarios for Space Weather: The Economic Impacts of Electricity Transmission Infrastructure Failure in the UK

    Science.gov (United States)

    Gibbs, M.; Oughton, E. J.; Hapgood, M. A.

    2017-12-01

    The socio-economic impacts of space weather have been under-researched, despite this threat featuring on the UK's National Risk Register. In this paper, a range of Realistic Disaster Scenarios due to failure in electricity transmission infrastructure are tested. We use regional Geomagnetically Induced Current (GIC) studies to identify areas in the UK high-voltage power system deemed to be high-risk. The potential level of disruption arising from a large geomagnetic disturbance in these `hot spots' on local economic activity is explored. Electricity is a necessary factor of production without which businesses cannot operate, so even short term power loss can cause significant loss of value. We utilise a spatially disaggregated approach that focuses on quantifying employment disruption by industrial sector, and relating this to direct Gross Value Added loss. We then aggregate this direct loss into a set of shocks to undertake macroeconomic modelling of different scenarios, to obtain the total economic impact which includes both direct and indirect supply chain disruption effects. These results are reported for a range of temporal periods, with the minimum increment being a one-hour blackout. This work furthers our understanding of the economic impacts of space weather, and can inform future reviews of the UK's National Risk Register. The key contribution of the paper is that the results can be used in the future cost-benefit analysis of investment in space weather forecasting.

  9. Columbia River System Operation Review : Final Environmental Impact Statement, Appendix O: Economic and Social Impact.

    Energy Technology Data Exchange (ETDEWEB)

    Columbia River System Operation Review (U.S.)

    1995-11-01

    This Appendix O of the Final Environmental Impact Statement for the Columbia River System measures the economic and social effects of the alternative system operation strategies and includes both geographic and methodology components. Areas discussed in detail include the following: purpose, scope and process; an economic history of the Columbia River Basin and its use today including the Columbia River and Socio-economic development in the Northwest and Major uses of the River System; Analysis procedures and methodologies including national economic evaluation, the concepts, analysis of assumptions, analysis for specific river uses, water quality, Regional evaluation, analysis, and social impacts; alternatives and impacts including implementation costs, andromous fish, resident fish and wildlife, flood control, irrigation and municipal and industrial water supply, navigation impacts, power, recreation, annual costs, regional economic analysis. Extensive comparison of alternatives is included.

  10. Columbia River system operation review: Final environmental impact statement. Appendix O, economic and social impact

    International Nuclear Information System (INIS)

    1995-11-01

    This Appendix O of the Final Environmental Impact Statement for the Columbia River System measures the economic and social effects of the alternative system operation strategies and includes both geographic and methodology components. Areas discussed in detail include the following: purpose, scope and process; an economic history of the Columbia River Basin and its use today including the Columbia River and Socio-economic development in the Northwest and Major uses of the River System; Analysis procedures and methodologies including national economic evaluation, the concepts, analysis of assumptions, analysis for specific river uses, water quality, Regional evaluation, analysis, and social impacts; alternatives and impacts including implementation costs, andromous fish, resident fish and wildlife, flood control, irrigation and municipal and industrial water supply, navigation impacts, power, recreation, annual costs, regional economic analysis. Extensive comparison of alternatives is included

  11. Economic Impacts Analysis of Shale Gas Investment in China

    Science.gov (United States)

    Han, Shangfeng; Zhang, Baosheng; Wang, Xuecheng

    2018-01-01

    Chinese government has announced an ambitious shale gas extraction plan, which requires significant investment. This has the potential to draw investment from other areas and may affect the whole China’s economy. There is few study to date has quantified these shale gas investment’s effects on Chinese economy. The aim of this paper is to quantify the economic effect and figures out whether shale gas investment in China is a good choice or not. Input-output analysis has been utilized in this study to estimate the economic impacts in four different Chinese regions. Our findings show that shale gas investment will result in approximately 868, 427, 115 and 42 Billion RMB economic impacts in Sichuan, Chongqing, Inner Mongolia and Guizhou, respectively. The total economic impact is only around 1453 Billion RMB, which is not significant compared to the economic impact of coalbed methane investment. Considering the potential risks of environmental issues, we suggest that it may be a better strategy for the government, at least in the current situation, to slow down shale gas development investment.

  12. Socio-economic impact of nuclear reactor decommissioning at Vandellos I NPP

    International Nuclear Information System (INIS)

    Liliana Yetta Pandi

    2013-01-01

    Currently nuclear reactors in Indonesia has been outstanding for more than 30 years, the possibility of nuclear reactors will be decommissioned. Closure of the operation or decommissioning of nuclear reactors will have socio-economic impacts. The socioeconomic impacts occur to workers, local communities and wider society. In this paper we report on socio-economic impacts of nuclear reactors decommissioning and lesson learned that can be drawn from the socio-economic impacts decommissioning Vandellos I nuclear power plant in Spain. Socio-economic impact due to decommissioning of nuclear reactor occurs at installation worker, local community and wider community. (author)

  13. The Impact of the Public Support for R & D on the Economic Performance of SMEs

    Directory of Open Access Journals (Sweden)

    Ivana Blažková

    2016-01-01

    Full Text Available The article is focused on evaluation of impacts of the project support for research, development and innovations on the economic performance of small and medium-sized enterprises. The set of analysed enterprises was composed of 182 SMEs operating in the Region of South Moravia in the Czech Republic, which were active in R & D in 2012 and 2013. There were evaluated public sources of funding for innovation activities and selected financial ratios of economic performance. The hypotheses about the relationship between the amount of public support and profitability of enterprises were set up and statistically tested. The analysis proved sufficient level of profitability and liquidity of the SMEs involved in research, the worst economic performance of the smallest enterprises and the direct positive relationship between the amount of public support and the profitability in two size groups of enterprises, which refers to the positive impact of the public support on the economic performance of SMEs.

  14. User Guide for the International Jobs and Economic Development Impacts Model

    Energy Technology Data Exchange (ETDEWEB)

    Keyser, David [National Renewable Energy Lab. (NREL), Golden, CO (United States); Flores-Espino, Francisco [National Renewable Energy Lab. (NREL), Golden, CO (United States); Uriarte, Caroline [National Renewable Energy Lab. (NREL), Golden, CO (United States); Cox, Sadie [National Renewable Energy Lab. (NREL), Golden, CO (United States)

    2016-09-01

    The International Jobs and Economic Development Impacts (I-JEDI) model is a freely available economic model that estimates gross economic impacts from wind, solar, and geothermal energy projects for several different countries. Building on the original JEDI model, which was developed for the United States, I-JEDI was developed under the USAID Enhancing Capacity for Low Emission Development Strategies (EC-LEDS) program to support countries in assessing economic impacts of LEDS actions in the energy sector. I-JEDI estimates economic impacts by characterizing the construction and operation of energy projects in terms of expenditures and the portion of these expenditures made within the country of analysis. These data are then used in a country-specific input-output (I-O) model to estimate employment, earnings, gross domestic product (GDP), and gross output impacts. Total economic impacts are presented as well as impacts by industry. This user guide presents general information about how to use I-JEDI and interpret results as well as detailed information about methodology and model limitations.

  15. Global economic and financial crisis: Exploring the transmission channels and impacts on sub-saharan african economies

    Directory of Open Access Journals (Sweden)

    Sin-Yu Ho

    2016-12-01

    Full Text Available Over the past decade sub-Saharan African countries have made remarkable gains in promoting growth alongside economic stability. However, with the outbreak of the financial and economic crisis in advanced economies, will these hard-won economic gains in the region be threatened? In this paper, we seek to provide an overview of how sub-Saharan African countries are exposed to the crisis through both financial and real transmission channels, and to critically assess the impact of the crisis on different economies. To accomplish this task, we first provide an overview of the recent economic development of sub-Saharan African countries, and a brief discussion of the sources and the development of the crisis. We then proceed to explore the direct financial transmission channels of the crisis and their impacts on sub-Saharan African countries. In addition, we explore the indirect real transmission channels of the crisis and how the sub-Saharan African economies are impacted by them. Thereafter, we identify a couple of policy implications

  16. An Attempt to Assess the Quantitative Impact of Institutions on Economic Growth and Economic Development

    Directory of Open Access Journals (Sweden)

    Próchniak Mariusz

    2014-10-01

    Full Text Available This study aims at assessing to what extent institutional environment is responsible for worldwide differences in economic growth and economic development. To answer this question, we use an innovative approach based on a new concept of the institutions-augmented Solow model which is then estimated empirically using regression equations. The analysis covers 180 countries during the 1993-2012 period. The empirical analysis confirms a large positive impact of the quality of institutional environment on the level of economic development. The positive link has been evidenced for all five institutional indicators: two indices of economic freedom (Heritage Foundation and Fraser Institute, the governance indicator (World Bank, the democracy index (Freedom House, and the EBRD transition indicator for post-socialist countries. Differences in physical capital, human capital, and institutional environment explain about 70-75% of the worldwide differences in economic development. The institutions-augmented Solow model, however, performs slightly poorer in explaining differences in the rates of economic growth: only one institutional variable (index of economic freedom has a statistically significant impact on economic growth. In terms of originality, this paper extends the theoretical analysis of the Solow model by including institutions, on the one hand, and shows a comprehensive empirical analysis of the impact of various institutional indicators on both the level of development and the pace of economic growth, on the other. The results bring important policy implications.

  17. Future socio-economic impacts and vulnerabilities

    Science.gov (United States)

    Balgis Osman-Elasha; Neil Adger; Maria Brockhaus; Carol J. Pierce Colfer; Brent Sohngen; Tallaat Dafalla; Linda A. Joyce; Nkem Johnson; Carmenza Robledo

    2009-01-01

    The projected impacts of climate change are significant, and despite the uncertainties associated with current climate and ecosystem model projections, the associated changes in the provision of forest ecosystem services are expected to be substantial in many parts of the world. These impacts will present significant social and economic challenges for affected...

  18. The economic impact of GERD and PUD: examination of direct and indirect costs using a large integrated employer claims database.

    Science.gov (United States)

    Joish, Vijay N; Donaldson, Gary; Stockdale, William; Oderda, Gary M; Crawley, Joseph; Sasane, Rahul; Joshua-Gotlib, Sandra; Brixner, Diana I

    2005-04-01

    The objective of this study was to examine the relationship of work loss associated with gastro- the relationship of work loss associated with gastro- the relationship of work loss associated with gastro-esophageal reflux disease (GERD) and peptic ulcer disease (GERD) and peptic ulcer disease (PUD) in a large population of employed individuals in the United States (US) and quantify the individuals in the United States (US) and quantify the economic impact of these diseases to the employer. A proprietary database that contained work place absence, disability and workers' compensation data in addition to prescription drug and medical claims was used to answer the objectives. Employees with a medical claim with an ICD-9 code for GERD or PUD were identified from 1 January 1997 to 31 December 2000. A cohort of controls was identified for the same time period using the method of frequency matching on age, gender, industry type, occupational status, and employment status. Work absence rates and health care costs were compared between the groups after adjusting for demo graphic, and employment differences using analysis of covariance models. There were significantly lower (p rate of adjusted all-cause absenteeism and sickness-related absenteeism were observed between the disease groups versus the controls. In particular, controls had an average of 1.2 to 1.6 days and 0.4 to 0.6 lower all-cause and sickness-related absenteeism compared to the disease groups. The incremental economic impact projected to a hypothetical employed population was estimated to be $3441 for GERD, $1374 for PUD, and $4803 for GERD + PUD per employee per year compared to employees without these diseases. Direct medical cost and work absence in employees with GERD, PUD and GERD + PUD represent a significant burden to employees and employers.

  19. Economic impact analysis of natural gas development and the policy implications

    International Nuclear Information System (INIS)

    De Silva, P.N.K.; Simons, S.J.R.; Stevens, P.

    2016-01-01

    In the US, the shale gas revolution ensured that the development costs of unconventional natural gas plummeted to the levels of $2–3/Mcf. This success has motivated the development of shale gas in other regions, including Australia and Europe. This study, focussing primarily on aspects of economic impact analysis, estimates the development costs of shale gas extraction in both Australia and Europe, based on both direct and fiscal costs, and also suggests policy initiatives. The increasing liquefied natural gas (LNG) developments in Australia are already straining domestic gas supplies. Hence, the development of more natural gas resources has been given a high priority. However, a majority of the Australian shale resources is non-marine in origin and significantly different to the marine-type shales in the US. In addition, the challenges of high development costs and the lack of infrastructure, service capacity and effective government policy are inhibiting shale gas development. Increasing the attractiveness of low risk investment by new, local, developers is critical for Australian shale gas success, which will simultaneously increase domestic gas security. In the European context, unconventional gas development will be challenged by direct, rather than fiscal costs. High direct costs will translate into average overall gas development costs over $13/Mcf, which is well over the existing market price. - Highlights: • The shale gas development potential of US, Europe and Australia are compared. • An economic impact analysis of shale gas development in Europe and Australia. • Factors important for shale gas development are discussed. • Policy pathways are suggested for shale gas development

  20. The economic impact of the Department of Energy on the State of New Mexico Fiscal Year 1998

    Energy Technology Data Exchange (ETDEWEB)

    Lansford, Robert R.; Adcock, Larry D.; Gentry, Lucille M.; Ben-David, Shaul; Temple, John

    1999-08-05

    The U.S. Department of Energy (DOE) provides a major source of economic benefits in New Mexico, second only to the activities of the U.S. Department of Defense. The agency's far-reaching economic influence within the state is the focus of this report. Economic benefits arising from the various activities and functions of both the Department and its contractors have accrued to the state continuously for over 50 years. For several years, DOE/Albuquerque Operations Office (AL) and New Mexico State University (NMSU) have maintained inter-industry, input-output modeling capabilities to assess DOE's impacts on the state of New Mexico and the other substate regions most directly impacted by DOE activities. One of the major uses of input-output techniques is to assess the effects of developments initiated outside the economy such as Federal DOE monies that flow into the state, on an economy. The information on which the models are based is updated periodically to ensure the most accurate depiction possible of the economy for the period of reference. For this report, the reference periods are Fiscal Year (FY) 1997 (October 1, 1996, through September 30, 1997), and FY 1998 (October 1, 1997, through September 30, 1998). Total impact represents both direct and indirect impacts (resending by business), including induced (resending by households) effects. The standard multipliers used in determining impacts result from the inter-industry, input-output models uniquely developed for New Mexico. This report includes seven main sections: (1) Introduction; (2) Profile of DOE Activities in New Mexico; (3) DOE Expenditure Patterns; (4) Measuring DOE/New Mexico's Economic Impact: (5) Technology Transfer within the Federal Labs funded by DOE/New Mexico; (6) Glossary of Terms; and (7) Technical Appendix containing a description of the model.

  1. The economic impact of the Department of Energy on the State of New Mexico Fiscal Year 1998

    International Nuclear Information System (INIS)

    Lansford, Robert R.; Adcock, Larry D.; Gentry, Lucille M.; Ben-David, Shaul; Temple, John

    1999-01-01

    The U.S. Department of Energy (DOE) provides a major source of economic benefits in New Mexico, second only to the activities of the U.S. Department of Defense. The agency's far-reaching economic influence within the state is the focus of this report. Economic benefits arising from the various activities and functions of both the Department and its contractors have accrued to the state continuously for over 50 years. For several years, DOE/Albuquerque Operations Office (AL) and New Mexico State University (NMSU) have maintained inter-industry, input-output modeling capabilities to assess DOE's impacts on the state of New Mexico and the other substate regions most directly impacted by DOE activities. One of the major uses of input-output techniques is to assess the effects of developments initiated outside the economy such as Federal DOE monies that flow into the state, on an economy. The information on which the models are based is updated periodically to ensure the most accurate depiction possible of the economy for the period of reference. For this report, the reference periods are Fiscal Year (FY) 1997 (October 1, 1996, through September 30, 1997), and FY 1998 (October 1, 1997, through September 30, 1998). Total impact represents both direct and indirect impacts (resending by business), including induced (resending by households) effects. The standard multipliers used in determining impacts result from the inter-industry, input-output models uniquely developed for New Mexico. This report includes seven main sections: (1) Introduction; (2) Profile of DOE Activities in New Mexico; (3) DOE Expenditure Patterns; (4) Measuring DOE/New Mexico's Economic Impact: (5) Technology Transfer within the Federal Labs funded by DOE/New Mexico; (6) Glossary of Terms; and (7) Technical Appendix containing a description of the model

  2. Economic impact of PCI remedies

    International Nuclear Information System (INIS)

    Bairiot, H.

    1980-01-01

    The paper first outlines the data base on which the economic evaluation is performed. It includes: modifications of the design of the fuel; preconditioning of the fuel; ramping limitations; in-core fuel management modifications. The economic assumptions on which the study is performed are also outlined. They are representative of a PWR situation. For what fuel design modifications are concerned, some have a minor cost impact (e.g. pellet density, pellet length to diameter ratio, gap size, etc...), while some others may have a quite large impact on the fissile material cost (e.g. duplex pellet), the fabrication cost (e.g. coating of the cladding ID) or the reprocessing cost (e.g. interlayer between pellet and cladding). The preconditioning of the fuel may require to run the reactor in a mode unrelated to the energy demand. This aspect can be minimized by a proper adjustment of in-core fuel management. The ramping limitation is the most usually adopted approach. Different cases are investigated and the impact on generating cost is discussed. The in-core fuel management can also contribute to a better ramping performance of the fuel. Exemplative cases show that this leads to a minimum cost penalty. (author)

  3. Operational Contract Support: Economic Impact Evaluation and Measures of Effectiveness

    Science.gov (United States)

    2017-12-01

    NAVAL POSTGRADUATE SCHOOL MONTEREY, CALIFORNIA MBA PROFESSIONAL REPORT OPERATIONAL CONTRACT SUPPORT: ECONOMIC IMPACT EVALUATION AND MEASURES...DATES COVERED MBA professional report 4. TITLE AND SUBTITLE OPERATIONAL CONTRACT SUPPORT: ECONOMIC IMPACT EVALUATION AND MEASURES OF EFFECTIVENESS 5...evaluation, expeditionary economics , operational contract support, measure of effectiveness 15. NUMBER OF PAGES 89 16. PRICE CODE 17. SECURITY

  4. Socio-Economic Impact Of Onchocerciasis With Particular ...

    African Journals Online (AJOL)

    The socio-economic impact of onchocerciasis (river blindness) on humans is reviewed with special reference to females and children. The results of many studies reveal that onchocerciasis is usuallya serious threat to public health and an impediment to socio-economic development in areas wth high intensity and high ...

  5. Macro-economic Impact Study for Bio-based Malaysia

    NARCIS (Netherlands)

    Meijl, van H.; Smeets, E.M.W.; Dijk, van M.; Powell, J.P.; Tabeau, A.A.

    2012-01-01

    This Macro-economic Impact Study (MES) provides quantitative insights into the macro-economic effects of introducing green, palmbased alternatives for electricity, fuels, chemicals and materials industries in Malaysia between now and 2030.

  6. The Economic Impact of Weight Regain

    Directory of Open Access Journals (Sweden)

    Caroline E. Sheppard

    2013-01-01

    Full Text Available Background. Obesity is well known for being associated with significant economic repercussions. Bariatric surgery is the only evidence-based solution to this problem as well as a cost-effective method of addressing the concern. Numerous authors have calculated the cost effectiveness and cost savings of bariatric surgery; however, to date the economic impact of weight regain as a component of overall cost has not been addressed. Methods. The literature search was conducted to elucidate the direct costs of obesity and primary bariatric surgery, the rate of weight recidivism and surgical revision, and any costs therein. Results. The quoted cost of obesity in Canada was $2.0 billion–$6.7 billion in 2013 CAD. The median percentage of bariatric procedures that fail due to weight gain or insufficient weight loss is 20% (average: 21.1%±10.1%, range: 5.2–39, n=10. Revision of primary surgeries on average ranges from 2.5% to 18.4%, and depending on the procedure accounts for an additional cost between $14,000 and $50,000 USD per patient. Discussion. There was a significant deficit of the literature pertaining to the cost of revision surgery as compared with primary bariatric surgery. As such, the cycle of weight recidivism and bariatric revisions has not as of yet been introduced into any previous cost analysis of bariatric surgery.

  7. Economic impacts of the SAFRR tsunami scenario in California: Chapter H in The SAFRR (Science Application for Risk Reduction) Tsunami Scenario

    Science.gov (United States)

    Wein, Anne; Rose, Adam; Sue Wing, Ian; Wei, Dan

    2013-01-01

    This study evaluates the hypothetical economic impacts of the SAFRR (Science Application for Risk Reduction) tsunami scenario to the California economy. The SAFRR scenario simulates a tsunami generated by a hypothetical magnitude 9.1 earthquake that occurs offshore of the Alaska Peninsula (Kirby and others, 2013). Economic impacts are measured by the estimated reduction in California’s gross domestic product (GDP), the standard economic measure of the total value of goods and services produced. Economic impacts are derived from the physical damages from the tsunami as described by Porter and others (2013). The principal physical damages that result in disruption of the California economy are (1) about $100 million in damages to the twin Ports of Los Angeles (POLA) and Long Beach (POLB), (2) about $700 million in damages to marinas, and (3) about $2.5 billion in damages to buildings and contents (properties) in the tsunami inundation zone on the California coast. The study of economic impacts does not include the impacts from damages to roads, bridges, railroads, and agricultural production or fires in fuel storage facilities because these damages will be minimal with respect to the California economy. The economic impacts of damage to other California ports are not included in this study because detailed evaluation of the physical damage to these ports was not available in time for this report. The analysis of economic impacts is accomplished in several steps. First, estimates are made for the direct economic impacts that result in immediate business interruption losses in individual sectors of the economy due to physical damage to facilities or to disruption of the flow of production units (commodities necessary for production). Second, the total economic impacts (consisting of both direct and indirect effects) are measured by including the general equilibrium (essentially quantity and price multiplier effects) of lost production in other sectors by ripple

  8. Economic impacts of invasive species in forests: past, present, and future.

    Science.gov (United States)

    Holmes, Thomas P; Aukema, Juliann E; Von Holle, Betsy; Liebhold, Andrew; Sills, Erin

    2009-04-01

    Biological invasions by nonnative species are a by-product of economic activities, with the vast majority of nonnative species introduced by trade and transport of products and people. Although most introduced species are relatively innocuous, a few species ultimately cause irreversible economic and ecological impacts, such as the chestnut blight that functionally eradicated the American chestnut across eastern North America. Assessments of the economic costs and losses induced by nonnative forest pests are required for policy development and need to adequately account for all of the economic impacts induced by rare, highly damaging pests. To date, countrywide economic evaluations of forest-invasive species have proceeded by multiplying a unit value (price) by a physical quantity (volume of forest products damaged) to arrive at aggregate estimates of economic impacts. This approach is inadequate for policy development because (1) it ignores the dynamic impacts of biological invasions on the evolution of prices, quantities, and market behavior, and (2) it fails to account for the loss in the economic value of nonmarket ecosystem services, such as landscape aesthetics, outdoor recreation, and the knowledge that healthy forest ecosystems exist. A review of the literature leads one to anticipate that the greatest economic impacts of invasive species in forests are due to the loss of nonmarket values. We proposed that new methods for evaluating aggregate economic damages from forest-invasive species need to be developed that quantify market and nonmarket impacts at microscales that are then extended using spatially explicit models to provide aggregate estimates of impacts. Finally, policies that shift the burden of economic impacts from taxpayers and forest landowners onto parties responsible for introducing or spreading invasives, whether through the imposition of tariffs on products suspected of imposing unacceptable risks on native forest ecosystems or by requiring

  9. [Introductory concepts of health economics and the social impact of alcohol abuse].

    Science.gov (United States)

    Moraes, Edilaine; Campos, Geraldo M; Figlie, Neliana B; Laranjeira, Ronaldo R; Ferraz, Marcos B

    2006-12-01

    Brazilian society bears high economic costs in view of the problems resulting from the alcohol consumption. There is a lack of economic studies into alcohol misuse or dependence in Brazil due to the limited financial resources, despite the huge health problems the country has been facing. This paper aims to introduce basic concepts of Heath Economics to health care practitioners, such as: Complete and Incomplete Economic Evaluation, Disease Costs, Cost Comparison, Types of Evaluation (cost-minimisation, cost-effectiveness, cost-utility, and cost-benefice), Point of View Analysis (from patient, health institution, Ministry of Health, or society), Types of Costs (direct, indirect and intangible), and other ones. In addition, research data on the impact of the alcohol consumption on the Brazilian society is described. We do not intend to exhaust the subjects addressed in this paper, but emphasise the need for more national researches that link the economic evaluation to the alcohol addiction issue in order to seek maximum efficiency by maximising the health care and minimising the scarce health system resources.

  10. The Impact of the Economic Transition on the Development of Economic Freedom – Case of Poland

    Directory of Open Access Journals (Sweden)

    Anna Stepniak-Kucharska

    2015-06-01

    Full Text Available The changes in the Polish socio-economic system, initiated at the turn of 1989 and 1990, led to a systematic increase in the liberalization of economy and thereby the rise of the level of economic freedom. The aim of this paper is to examine the impact of the economic transition on the development of economic freedom in Poland. The analysis, carried out in the period 1995-2015, was conducted on the basis of the chain-linked Economic Freedom Index by the Fraser Institute and the Index of Economic Freedom of the Heritage Foundation and the Wall Street Journal. The analysis indicates that: (1 Poland cannot be considered as a country that is fully free economically, but the transition of its economic system has resulted in a rapid growth of economic freedom. (2 The impact of transition varies for different areas (sub-indices of the economy. (3 The European economic integration stimulated the increase of EFI, but the economic crisis did not decrease the level of economic freedom.

  11. The economic impact of NASA R and D spending

    Science.gov (United States)

    Evans, M. K.

    1976-01-01

    The economic impact of R and D spending, particularly NASA R and D spending, on the U. S. economy was evaluated. The crux of the methodology and hence the results revolve around the fact that it was necessary to consider both the demand effects of increased spending and the supply effects of a higher rate of technological growth and a larger total productive capacity. The demand effects are primarily short-run in nature, while the supply effects do not begin to have a significant effect on aggregate economic activity until the fifth year after increased expenditures have taken place. The short-term economic impact of alternative levels of NASA expenditures for 1975 was first examined. The long-term economic impact of increased levels of NASA R and D spending over a sustained period was then evaluated.

  12. Producing Hardwood Dimension Parts Directly From Logs: An Economic Feasibility Study

    Science.gov (United States)

    Wenjie Lin; D. Earl Kline; Philip A. Araman; Janice K. Wiedenbeck

    1995-01-01

    The economic feasibility and profitability of a direct processing system for converting Factory Grades 2 and 3 red oak logs directly into rough dimension parts were evaluated. New present value (NPV) and internal rate of return (IRR) were used as the measurement of economic feasibility, and return on sales (ROS) was used as the measurement of profitability. NPV and IRR...

  13. Direct and indirect impact of federal transfer to individuals and to the government of Puerto Rico

    Directory of Open Access Journals (Sweden)

    Ángel Luis Ruiz Mercado

    2013-12-01

    Full Text Available The Puerto Rico Planning Board classifies individual transfer payments into two categories: “earned transfers” and “granted” transfers. The purpose of this work is to estimate the direct and indirect economic effects of federal and other transfer payments to Puerto Rico using two input-output models and two vectors of employment and income coefficients base on tables for years 1992 and 2002. The economic impacts were estimated for three economic indicators namely, gross output, direct and indirect employment and direct and indirect wage income. The results presented in this work shows that the argument that Puerto Ricans enjoy relatively generous income supplements and retirement benefits without imposing heavy tax burdens on highly compensated workers failed to distinguish that most of the transfer payments to individuals were in the category of earned transfers. It is doubtful that this type of transfer “imposeheavy tax burdens” to American taxpayers. Since we are an open economy mostof the income generated by transfer to individuals is spent of goods and servicesa substantial amount of which comes from United States. It is also doubtful thatearned transfer to individuals (especially transfers in the form of pensions andpayments to veterans have any significant impact on the labor force participation rate or the incentives to work.

  14. Economic impact of a noncomprehensive smoke-free air law.

    Science.gov (United States)

    Tauras, John A; Chaloupka, Frank J; Keith, Jennifer D; Brown, Deborah P; Meyer, Joy Blankley

    2014-07-01

    Many stakeholders were interested in the potential economic impact of Pennsylvania's 2008 Clean Indoor Air Act (CIAA). This study focused on the examination of economic change subsequent to CIAA and, because CIAA allows certain venue exemptions among eating and drinking establishments, if the allowance of exemptions influenced that impact. Policy analysis. Prais-Winsten regressions were employed to assess effects of CIAA and law exemptions on county-level quarterly taxable sales in restaurants and drinking establishments. Regressions controlled for general economic activity, trends in eating/drinking establishment sales, seasonality, and county characteristics. Across models, CIAA had no significant negative effects on taxable sales in full-/limited-service restaurants or drinking establishments and some positive effects. CIAA exemptions for drinking establishments do not offer a clear economic benefit. Restaurant and drinking establishment taxable sales were strongly related to overall economic conditions and seasonality. After controlling for confounding factors, and consistent with the weight of the evidence from literature on the economic impact of smoke-free policies, our study concludes that the Pennsylvania CIAA had no negative effects on per capita restaurant and drinking establishment taxable sales. High rates of drinking establishment exemptions were not economically beneficial. This study can inform efforts to make smoke-free laws more comprehensive. © 2014 Society for Public Health Education.

  15. The impacts of tourism, energy consumption and political instability on economic growth in the MENA countries

    International Nuclear Information System (INIS)

    Tang, Chor Foon; Abosedra, Salah

    2014-01-01

    Using panel data of 24 countries in the Middle East and North African (MENA) region from 2001 to 2009, the purpose of this study is to examine the impacts of tourism, energy consumption and political instability on economic growth within the neoclassical growth framework. To address the objective of this study, we utilise both the static panel data approach as well as the dynamic generalised method of moments (GMM) estimator to examine the impact of candidate variables. Our results show that energy consumption and tourism significantly contribute to the economic growth of countries in the MENA region. Hence, our study lends some support to the existence of the tourism-led growth and energy-led growth hypotheses in the region. In line with our expectation, our estimation results also reveal that political instability impedes the process of economic growth and development in the MENA region. Therefore, macroeconomic policies to promote expansion in tourism and energy consumption will directly stimulate economic growth. Additionally, efforts to help the region overcome its history of political instability would attract more international tourist arrivals and further invigorate economic growth. - Highlights: • Tourism and energy consumption have positive impacts on GDP growth. • GDP reacts negatively to political instability. • Energy-led growth and tourism-led growth hypotheses are validated in MENA countries. • Supporting tourism, energy use and political stability will enhance economic growth

  16. The New Environment of EU Enlargement: The Impact of Economic Crisis on the Western Balkans and their EU Accession Prospects

    OpenAIRE

    Ritsa Panagiotou

    2014-01-01

    This paper will explore the impact of the economic crisis on the Western Balkan countries, and how the new, unfavorable international environment is affecting their EU accession prospects. The analysis will be presented in three sections: the first part will examine the effect of the “first wave” of the global economic crisis on the economies of the region, specifically the impact on the region’s macroeconomic indicators, foreign direct investment flows, financial sectors, etc. Part two...

  17. Short run economic impact of State University of Londrina

    Directory of Open Access Journals (Sweden)

    José Tarocco Filho

    2014-06-01

    Full Text Available The present study aimed to analyze the inter-regional economic impact of short-term, State University of Londrina and their local impacts and in 2006, in respect of employment and income. Through the analysis of input-output multipliers employment and earnings, employment generation and income indexes and link back and forth was calculated. Through the results found that the Public Education employs 6.19% of employed staff and is responsible for 12.27% of earnings generated in the county. The Public Education excelled in creating jobs in Londrina, which along with the sectors of Education Services and Commodities (13, was the fourth biggest indicator, trailing sectors: Public Administration, Commerce and Securities Industry and Miscellaneous. We found that the employment multiplier is 1.25 and their ability to generate earnings through direct effect in the city is the third largest R $ 368,153 million.

  18. The Impact of Social Media on Economic Growth

    OpenAIRE

    Dell'Anno, Roberto; Rayna, Thierry; Solomon, O. Helen

    2015-01-01

    The file attached to this record is the author's final peer reviewed version. The Publisher's final version can be found by following the DOI link. This article attempts to investigate the impact of social media (SM) on economic growth. Using information obtained from memberships to social networks, we find that SM has a negative and significant impact on economic growth. This provides evidence in favour of our hypothesis that SM increases the search costs for information and also increase...

  19. Impact of Nuclear Power and Desalination Plant Construction Toward National and East Java Economic

    International Nuclear Information System (INIS)

    Ratya-Anindita; Sriyana; M-Nasrullah

    2006-01-01

    The objective of this study is to determine the economic impacts of the construction of the nuclear power plant 2 x 100 MW(e) SMART type with desalination 4 x 10,000 m 3 which would conduct in years 2008 to 2017 in Madura Island, East Java. The predicted IO tables of 2008-2017 have been created by the application of dynamic IO projection. The economic impact was estimated through multiplier effect which covers direct impact and indirect impact as well as the induced effect. The expenditures of SMART nuclear power and desalination plant to the domestic contractors is estimated to amount to 88.2 million US dollar or 25.6 % of the whole expenditures. The total impact of the project to the national economy would be Rp. 6,329,347 million, Rp. 8,439,130 million, and Rp. 12,658,695 million for each scenario of the exchange rate as high as Rp. 7,500/US dollar, Rp. 10,000/US dollar, Rp. 15,000/US dollar, respectively for the scenario of dynamic growth. The total impact of the project to the provincial economy of East Java would be as much as Rp. 3,253,498 million, Rp. 4,337,997 million, and Rp. 6,506,995 million for each scenario of the exchange rate as high as Rp. 7,500/US dollar, Rp. 10,000/US dollar, Rp. 15,000/US dollar, respectively under the former scenario. Cumulative direct impact since pre-construction to construction period had been calculated as much as US dollar 101.8 million for sectors number 48.52 and 62. This have brought much impact on other sectors in national or provincial levels of economy. (author)

  20. The impact of financial and economic crisis on SME’s in Greece and Ireland

    Directory of Open Access Journals (Sweden)

    Lubor Lacina

    2013-01-01

    Full Text Available The impact of financial and economic crisis influencing economic development in EU countries is analysed predominately on macroeconomic level. Major part of economic studies analyse the effect of crisis on both real and potential economic growth, unemployment, inflation and debt dynamic. However the effects of the crisis are visible also at microeconomic level. The economic results of businesses are significantly influenced by the negative macroeconomic development at both national and international level. Both decrease in potential growth and purchasing power due to economic recession and more restrictive fiscal policy have a direct impact on aggregate demand and thus the microeconomic sector as whole. Additional source of problems is connected with banking sector crisis and the access to financing mainly for small and medium-sized enterprises (SME’s. The aim of the paper is to fill the gap in economic research and to analyse the impact of the ongoing crisis on business entities in selected eurozone member countries. Authors selected two eurozone member countries from EU periphery (Greece and Ireland. Both countries are severely hit by economic crisis and authors suppose that also their business sector will be significantly influenced. However author believes that the structural differences will lead over the time in faster recovery of Irish businesses in contrast to the Greek one.We create dataset using Amadeus database which contains the harmonized data about statistically significant set of business in selected countries. Authors then sorting the data according selected variables such as size of the company, NACE categorization and comparative indicators of individual business economic performance, namely representatives of indicators groups profitability, solvency, liquidity and indebtedness/financial structure of business entities. For the purpose of analysis authors analyse the data series three years before the crisis (2005, 2006 and

  1. The socio-economic impact of the Tsitsikamma National Park / S. Oberholzer.

    OpenAIRE

    Oberholzer, Susan

    2010-01-01

    The primary objective of this study was to determine the socio-economic impact of the Tsitsikamma National Park. Secondly, to determine the relationship between the community's level of interest in the Tsitsikamma National Park (TNP) and their perceptions concerning the environmental, economic and social impacts of the TNP. By conducting a literature study, the first objective was achieved. The following tourism impacts were identified: environmental, economic and social. These...

  2. Economic value of U.S. fossil fuel electricity health impacts.

    Science.gov (United States)

    Machol, Ben; Rizk, Sarah

    2013-02-01

    Fossil fuel energy has several externalities not accounted for in the retail price, including associated adverse human health impacts, future costs from climate change, and other environmental damages. Here, we quantify the economic value of health impacts associated with PM(2.5) and PM(2.5) precursors (NO(x) and SO(2)) on a per kilowatt hour basis. We provide figures based on state electricity profiles, national averages and fossil fuel type. We find that the economic value of improved human health associated with avoiding emissions from fossil fuel electricity in the United States ranges from a low of $0.005-$0.013/kWh in California to a high of $0.41-$1.01/kWh in Maryland. When accounting for the adverse health impacts of imported electricity, the California figure increases to $0.03-$0.07/kWh. Nationally, the average economic value of health impacts associated with fossil fuel usage is $0.14-$0.35/kWh. For coal, oil, and natural gas, respectively, associated economic values of health impacts are $0.19-$0.45/kWh, $0.08-$0.19/kWh, and $0.01-$0.02/kWh. For coal and oil, these costs are larger than the typical retail price of electricity, demonstrating the magnitude of the externality. When the economic value of health impacts resulting from air emissions is considered, our analysis suggests that on average, U.S. consumers of electricity should be willing to pay $0.24-$0.45/kWh for alternatives such as energy efficiency investments or emission-free renewable sources that avoid fossil fuel combustion. The economic value of health impacts is approximately an order of magnitude larger than estimates of the social cost of carbon for fossil fuel electricity. In total, we estimate that the economic value of health impacts from fossil fuel electricity in the United States is $361.7-886.5 billion annually, representing 2.5-6.0% of the national GDP. Published by Elsevier Ltd.

  3. The Economic Impact of Weight Regain

    OpenAIRE

    Sheppard, Caroline E.; Lester, Erica L. W.; Chuck, Anderson W.; Birch, Daniel W.; Karmali, Shahzeer; de Gara, Christopher J.

    2013-01-01

    Background. Obesity is well known for being associated with significant economic repercussions. Bariatric surgery is the only evidence-based solution to this problem as well as a cost-effective method of addressing the concern. Numerous authors have calculated the cost effectiveness and cost savings of bariatric surgery; however, to date the economic impact of weight regain as a component of overall cost has not been addressed. Methods. The literature search was conducted to elucidate the dir...

  4. Socio-economic Impact of Sethusamudram Project

    OpenAIRE

    Kannan, Srinivasan

    2007-01-01

    Any major development project has both benefits and disadvantages to the society. Many development projects have very high economic benefit and at the same time lead to environmental hazard. One such project is Sethudamudram project initiated by Government of India. This is a project which aims at minimising the distance of navigation for the goods transport in the sea. This paper is an attempt to study the socio-economic impact of the project based on the secondary data.

  5. Socio-economic impacts - an overview based on coal mining projects

    International Nuclear Information System (INIS)

    Singh, V.K.

    1994-01-01

    Socio-economic impacts of coal projects have assumed importance as new projects are affecting tribal/underdeveloped areas. The paper highlights the impacts on land uses and on life and culture of the habitats. It assesses socio-economic impacts and furnishes financial implications of rehabilitation. Some suggestions have also been given to neutralize the stresses developed due to development of coal fields

  6. The economic impact of Clostridium difficile infection: a systematic review.

    Science.gov (United States)

    Nanwa, Natasha; Kendzerska, Tetyana; Krahn, Murray; Kwong, Jeffrey C; Daneman, Nick; Witteman, William; Mittmann, Nicole; Cadarette, Suzanne M; Rosella, Laura; Sander, Beate

    2015-04-01

    With Clostridium difficile infection (CDI) on the rise, knowledge of the current economic burden of CDI can inform decisions on interventions related to CDI. We systematically reviewed CDI cost-of-illness (COI) studies. We performed literature searches in six databases: MEDLINE, Embase, the Health Technology Assessment Database, the National Health Service Economic Evaluation Database, the Cost-Effectiveness Analysis Registry, and EconLit. We also searched gray literature and conducted reference list searches. Two reviewers screened articles independently. One reviewer abstracted data and assessed quality using a modified guideline for economic evaluations. The second reviewer validated the abstraction and assessment. We identified 45 COI studies between 1988 and June 2014. Most (84%) of the studies were from the United States, calculating costs of hospital stays (87%), and focusing on direct costs (100%). Attributable mean CDI costs ranged from $8,911 to $30,049 for hospitalized patients. Few studies stated resource quantification methods (0%), an epidemiological approach (0%), or a justified study perspective (16%) in their cost analyses. In addition, few studies conducted sensitivity analyses (7%). Forty-five COI studies quantified and confirmed the economic impact of CDI. Costing methods across studies were heterogeneous. Future studies should follow standard COI methodology, expand study perspectives (e.g., patient), and explore populations least studied (e.g., community-acquired CDI).

  7. THE ECONOMICS OF REPROCESSING vs. DIRECT DISPOSAL OF SPENT NUCLEAR FUEL

    International Nuclear Information System (INIS)

    Bunn, Matthew; Fetter, Steve; Holdren, John P.; Zwaan, Bob van der

    2003-01-01

    This report assesses the economics of reprocessing versus direct disposal of spent nuclear fuel. The breakeven uranium price at which reprocessing spent nuclear fuel from existing light-water reactors (LWRs) and recycling the resulting plutonium and uranium in LWRs would become economic is assessed, using central estimates of the costs of different elements of the nuclear fuel cycle (and other fuel cycle input parameters), for a wide range of range of potential reprocessing prices. Sensitivity analysis is performed, showing that the conclusions reached are robust across a wide range of input parameters. The contribution of direct disposal or reprocessing and recycling to electricity cost is also assessed. The choice of particular central estimates and ranges for the input parameters of the fuel cycle model is justified through a review of the relevant literature. The impact of different fuel cycle approaches on the volume needed for geologic repositories is briefly discussed, as are the issues surrounding the possibility of performing separations and transmutation on spent nuclear fuel to reduce the need for additional repositories. A similar analysis is then performed of the breakeven uranium price at which deploying fast neutron breeder reactors would become competitive compared with a once-through fuel cycle in LWRs, for a range of possible differences in capital cost between LWRs and fast neutron reactors. Sensitivity analysis is again provided, as are an analysis of the contribution to electricity cost, and a justification of the choices of central estimates and ranges for the input parameters. The equations used in the economic model are derived and explained in an appendix. Another appendix assesses the quantities of uranium likely to be recoverable worldwide in the future at a range of different possible future prices

  8. Macroeconomic Stability and Its Impact on the Economic Growth of the Country

    Directory of Open Access Journals (Sweden)

    Tatiana Vasylieva

    2018-03-01

    Full Text Available The main purpose of this research is to study the role and impact force of macroeconomic stability on economic growth in the period from 2000 to 2016, using the modified Cobb–Douglas production function. The results of Global Competitiveness Report, published by World Economic Forum, demonstrated that at the existing level of economic growth in Ukraine the basic drivers for improvement of the country's competitiveness are necessary to be considered for building of the production function. Basing on the analysis performed, the author created odified Cobb–Douglas production function where Macroeconomic stability, openness of the economy and foreign direct investments are used as additional explanatory variables of Cobb–Douglas production function. Obtained findings indicate the high level of compliance of the built model with the initial data. Herewith, the assessment of the elasticity of macroeconomic stability is positive and statistically significant.

  9. Estimation of the transboundary economic impacts of the Grand Ethiopia Renaissance Dam: A Computable General Equilibrium Analysis

    NARCIS (Netherlands)

    Kahsay, T.N.; Kuik, O.J.; Brouwer, R.; van der Zaag, P.

    2015-01-01

    Employing a multi-region multi-sector computable general equilibrium (CGE) modeling framework, this study estimates the direct and indirect economic impacts of the Grand Ethiopian Renaissance Dam (GERD) on the Eastern Nile economies. The study contributes to the existing literature by evaluating the

  10. Economic effect of fusion in energy market. Economic impact of fusion deployment in energy market

    International Nuclear Information System (INIS)

    Konishi, Satoshi

    2002-01-01

    Energy model analysis estimates the significant contribution of fusion in the latter half of the century under the global environment constraints if it will be successfully developed and introduced into the market. The total possible economical impact of fusion is investigated from the aspect of energy cost savings, sales, and its effects on Gross Domestic Products. Considerable economical possibility will be found in the markets for fusion related devices, of currently developing countries, and for synthesized fuel. The value of fusion development could be evaluated from these possible economic impact in comparison with its necessary investment. (author)

  11. Economic impacts of deforestation in Europe

    International Nuclear Information System (INIS)

    Zoboli, R.

    1992-01-01

    Assessments of the economic impacts of the deterioration of European forests are being made from two points of view - the marketing of wood products and the potential economic benefits which can possibly be derived from a healthy environment. This article considers the principal results of these studies and evaluates their limitations and usefulness. In reviewing some scientific aspects of current debate on the probable causes of deforestation, as well as, in examining government efforts towards air pollution abatement, the article makes reference to tabled data on deforestation in Europe. Overall, the results of economic impacts studies based on the use of simulation models indicate a significant reduction in local supplies to the European wood products industry thus resulting in a dramatic drop in world market share and consequent market instability. Economic losses due to the inability to capitalize on healthy forests are valued in the order of billions of dollars per year in terms of the loss of business in the wood products and commercial-recreational sectors. While pointing out the uncertainties involved in the formulation of these assessments, the article also suggests how their results can constitute useful guidelines in cost benefit analyses of proposed government interventions. A discussion is made of the efficacy of some of these interventions now being considered aimed at reforestation and air pollution abatement

  12. The Economic and Social Impact of Tourism

    OpenAIRE

    Arroyo, Gloria M; San Buenaventura, Mariano

    1983-01-01

    This paper analyzes the economic and social impact of tourism in Pagsanjan in which tourism development project is located. Results show that the project’s various significant impacts include increases in employment and income and stimulation of political and women’s participation. While its impact on environment and on the people’s social life has been a mixture of positive and negative results, its impact on income distribution has been trifling. To maximize the tourism multiplier, the pape...

  13. Foreign direct investment, financial development and economic growth

    NARCIS (Netherlands)

    Hermes, C.L.M.; Lensink, B.W.

    2003-01-01

    This article argues that the development of the financial system of the recipient country is an important precondition for FDI to have a positive impact on economic growth. A more developed financial system positively contributes to the process of technological diffusion associated with FDI. The

  14. Comparing Statewide Economic Impacts of New Generation from Wind, Coal, and Natural Gas in Arizona, Colorado, and Michigan

    Energy Technology Data Exchange (ETDEWEB)

    Tegen, S.

    2006-05-01

    With increasing concerns about energy independence, job outsourcing, and risks of global climate change, it is important for policy makers to understand all impacts from their decisions about energy resources. This paper assesses one aspect of the impacts: direct economic effects. The paper compares impacts to states from equivalent new electrical generation from wind, natural gas, and coal. Economic impacts include materials and labor for construction, operations, maintenance, fuel extraction, and fuel transport, as well as project financing, property tax, and landowner revenues. We examine spending on plant construction during construction years, in addition to all other operational expenditures over a 20-year span. Initial results indicate that adding new wind power can be more economically effective than adding new gas or coal power and that a higher percentage of dollars spent on coal and gas will leave the state. For this report, we interviewed industry representatives and energy experts, in addition to consulting government documents, models, and existing literature. The methodology for this research can be adapted to other contexts for determining economic effects of new power generation in other states and regions.

  15. A systematic review of the direct economic burden of type 2 diabetes in china.

    Science.gov (United States)

    Hu, Huimei; Sawhney, Monika; Shi, Lizheng; Duan, Shengnan; Yu, Yunxian; Wu, Zhihong; Qiu, Guixing; Dong, Hengjin

    2015-03-01

    Type 2 diabetes is associated with acute and chronic complications and poses a large economic, social, and medical burden on patients and their families as well as society. This study aims to evaluate the direct economic burden of type 2 diabetes in China. systematic review on cost of illness, health care costs, direct service costs, drug costs, and health expenditures in relation to type 2 diabetes was conducted up to 2014 using databases such as Pubmed; EBSCO; Elsevier ScienceDirect, Web of Science; and a series of Chinese databases, including Wanfang Data, China National Knowledge Infrastructure (CNKI), and the China Science and Technology Journal Database. Factors influencing hospitalization and drug fees were also identified. (1) estimation of the direct economic burden including hospitalization and outpatient cost of type 2 diabetes patients in China; (2) evaluation of the factors influencing the direct economic burden. Articles only focusing on the cost-effectiveness analysis of diabetes drugs were excluded. The direct economic burden of type 2 diabetes has increased over time in China, and in 2008, the direct medical cost reached $9.1 billion, Both outpatient and inpatient costs have increased. Income level, type of medical insurance, the level of hospital care, and type and number of complications are primary factors influencing diabetes related hospitalization costs. Compared to urban areas, the direct non-medical cost of type 2 diabetes in rural areas is significantly greater. The direct economic burden of type 2 diabetes poses a significant challenge to China. To address the economic burden associated with type 2 diabetes, measures need to be taken to reduce prevalence rate and severity of diabetes and hospitalization cost.

  16. State and local economic impacts from wind energy projects: Texas case study

    International Nuclear Information System (INIS)

    Slattery, Michael C.; Lantz, Eric; Johnson, Becky L.

    2011-01-01

    This paper uses the Jobs and Economic Development Impacts (JEDI) model to estimate economic impacts from 1398 MW of wind power development in four counties in west Texas. Project-specific impacts are estimated at the local level (i.e., within a 100-mile radius around the wind farms) and at the state level. The primary economic policy question addressed is how investment in wind energy affects the state and local communities where the wind farms are built. During the four-year construction phase approximately 4100 FTE (full time equivalents) jobs were supported with turbine and supply chain impacts accounting for 58% of all jobs generated. Total lifetime economic activity to the state from the projects equated to more than $1.8 billion, or $1.3 million per MW of installed capacity. The total economic activity to the local communities was also substantial, equating to nearly $730 million over the assumed 20-year life cycle of the farms, or $0.52 million per MW of installed capacity. Given the current level of impacts observed, and the potential for increased impacts via greater utilization of instate manufacturing capacity and the development of trained wind industry specific laborers, Texas appears to be well positioned to see increasing impacts from continued wind development. - Highlights: ► We use the JEDI model to assess economic impacts from wind development in west Texas. ► Total lifetime economic impact from 1398 MW wind equated to more than $1.8 billion. ► Texas is well positioned to see increasing impacts from continued wind development.

  17. Analyzing socio-economic impacts of tourism : Case of Lumbini region- Nepal

    OpenAIRE

    K.C., Shambhu; Gewali, Jhabindra

    2014-01-01

    The first objective of this Thesis is to identify, select, and analyze the socio- economic impacts of faith tourism in Lumbini region. The second objective is to present the impacts in context of changing business environment. And the last objective is to develop strategies for economic progress in a society. In this research work previous reports, theses, literatures and reviews were studied to get an idea about the socio-economic impacts of faith tourism in Lumbini region. In addition,...

  18. Economic impact of refugees.

    Science.gov (United States)

    Taylor, J Edward; Filipski, Mateusz J; Alloush, Mohamad; Gupta, Anubhab; Rojas Valdes, Ruben Irvin; Gonzalez-Estrada, Ernesto

    2016-07-05

    In 2015, the United Nations High Commission for Refugees accommodated over 15 million refugees, mostly in refugee camps in developing countries. The World Food Program provided these refugees with food aid, in cash or in kind. Refugees' impacts on host countries are controversial and little understood. This unique study analyzes the economic impacts of refugees on host-country economies within a 10-km radius of three Congolese refugee camps in Rwanda. Simulations using Monte Carlo methods reveal that cash aid to refugees creates significant positive income spillovers to host-country businesses and households. An additional adult refugee receiving cash aid increases annual real income in the local economy by $205 to $253, significantly more than the $120-$126 in aid each refugee receives. Trade between the local economy and the rest of Rwanda increases by $49 to $55. The impacts are lower for in-kind food aid, a finding relevant to development aid generally.

  19. Economic and environmental impacts of alternative transportation technologies.

    Science.gov (United States)

    2013-04-01

    This project has focused on comparing alternative transportation technologies in terms of their : environmental and economic impacts. The research is data-driven and quantitative, and examines the : dynamics of impact. We have developed new theory an...

  20. Sandia National Laboratories: News: Economic Impact

    Science.gov (United States)

    Locations Contact Us Employee Locator Search Menu About Leadership Mission Social Media Community Involvement Leadership Mission Environmental Responsibility History Diversity Social Media Careers View All Small Business Assistance Program Sandia's Economic Impact Sandia Science & Technology Park © 2018

  1. Position statement on 'Economic Impact of Oil and Gas Development within the Province of Newfoundland and Labrador

    International Nuclear Information System (INIS)

    1998-01-01

    This document contains the statement outlining the official position of the Newfoundland Ocean Industries Association (NOIA) concerning the report on the 'Economic Impact of Oil and Gas Development within the Province of Newfoundland and Labrador'. NOIA's position reflects the concern that Newfoundland businesses and individuals be involved in this emerging industry. Not unexpectedly, the statement is directed primarily towards improving economic opportunity for its members, but it also argues in favour of increasing economic activity within the province as whole. The Position Statement addresses six major issues of concern. These are: a full and fair opportunity for Newfoundland-resident supply and service companies to bid on an internationally competitive basis; a level playing field for all those who submit bids for contracts; enhancement of Newfoundland technology, expertise and facilities, as well as support of technology transfer to interested and capable Newfoundland businesses or companies; a life-of-field approach to planning, or linking capital expenditure and operational expenditure in order to achieve long-term positive economic impact within Newfoundland and Labrador; a supplier development program to encourage the development of an internationally competitive Newfoundland supply community; and the encouragement of operators and major contractors to fulfill specific requirements for positive economic impact within the province

  2. Estimating the Economic Impacts of a Small-Scale Sport Tourism Event: The Case of the Italo-Swiss Mountain Trail CollonTrek

    Directory of Open Access Journals (Sweden)

    Stefano Duglio

    2017-02-01

    Full Text Available Evidence from several studies shows that small-scale sport events may have more positive repercussions for the host community than major ones in terms of both economic and social impacts. This study estimates the economic impacts on a small community derived from athletes’ expenditure at a specific small-scale sport tourism event, the Italo-Swiss mountain endurance trail CollonTrek. Even if this kind of event is considered a minor sport event, generating very limited economic activity, this study supports the hypothesis that the funds invested by the public administration are compensated for by revenue generated during the trail. In fact, according to the three analyzed scenarios (Conservative, Average and Liberal, for each euro invested by the public administration, an economic return between €17.62 and €18.92 has been estimated, and between €5.64 and €6.9 (32%–36.47% represent the direct economic return for the local community. Furthermore, in addition to the direct economic benefits, in accordance with the feedback from a sample of participants at the event (n = 180, this kind of event has positive implications in terms of future tourism for the host valley, pointing out how this kind of tourist activities has positive repercussions in terms of economic and social sustainability.

  3. Measuring the socio-economic impacts of agroforestry projects in the Philippines

    Science.gov (United States)

    Evan Mercer; Belita Vega; Hermie Francisco; Robin Maille

    1994-01-01

    Conventional wisdom suggests that agroforestry projects can provide both ecological and economic benefits. Most agroforestry project evaluations, however, have failed to adequately assess the soci0-economic impacts. For example, a review of 108 agroforestry project impact evaluations by Sara Scherr of IFPRJ reported that only 8% assessed economic costs or benefits, 5%...

  4. Quantifying the daily economic impact of extreme space weather due to failure in electricity transmission infrastructure

    Science.gov (United States)

    Oughton, Edward J.; Skelton, Andrew; Horne, Richard B.; Thomson, Alan W. P.; Gaunt, Charles T.

    2017-01-01

    Extreme space weather due to coronal mass ejections has the potential to cause considerable disruption to the global economy by damaging the transformers required to operate electricity transmission infrastructure. However, expert opinion is split between the potential outcome being one of a temporary regional blackout and of a more prolonged event. The temporary blackout scenario proposed by some is expected to last the length of the disturbance, with normal operations resuming after a couple of days. On the other hand, others have predicted widespread equipment damage with blackout scenarios lasting months. In this paper we explore the potential costs associated with failure in the electricity transmission infrastructure in the U.S. due to extreme space weather, focusing on daily economic loss. This provides insight into the direct and indirect economic consequences of how an extreme space weather event may affect domestic production, as well as other nations, via supply chain linkages. By exploring the sensitivity of the blackout zone, we show that on average the direct economic cost incurred from disruption to electricity represents only 49% of the total potential macroeconomic cost. Therefore, if indirect supply chain costs are not considered when undertaking cost-benefit analysis of space weather forecasting and mitigation investment, the total potential macroeconomic cost is not correctly represented. The paper contributes to our understanding of the economic impact of space weather, as well as making a number of key methodological contributions relevant for future work. Further economic impact assessment of this threat must consider multiday, multiregional events.

  5. Economic impacts of hurricanes on forest owners

    Science.gov (United States)

    Jeffrey P. Prestemon; Thomas P. Holmes

    2010-01-01

    We present a conceptual model of the economic impacts of hurricanes on timber producers and consumers, offer a framework indicating how welfare impacts can be estimated using econometric estimates of timber price dynamics, and illustrate the advantages of using a welfare theoretic model, which includes (1) welfare estimates that are consistent with neo-classical...

  6. The impact of microfinance institution in economic growth of a ...

    African Journals Online (AJOL)

    The findings of the study show that microfinance loans have a significant positive impact on the short run economic performance in Nigeria. Microfinance loans enhanced consumption per capita in short run with an impressive coefficient, although these banks' loans do not have a significant impact on economic growth in ...

  7. The economic impact of chronic fatigue syndrome in Georgia: direct and indirect costs

    Directory of Open Access Journals (Sweden)

    Brimmer Dana J

    2011-01-01

    Full Text Available Abstract Background Chronic fatigue syndrome (CFS is a debilitating chronic illness affecting at least 4 million people in the United States. Understanding its cost improves decisions regarding resource allocation that may be directed towards treatment and cure, and guides the evaluation of clinical and community interventions designed to reduce the burden of disease. Methods This research estimated direct and indirect costs of CFS and the impact on educational attainment using a population-based, case-control study between September 2004 and July 2005, Georgia, USA. Participants completed a clinical evaluation to confirm CFS, identify other illnesses, and report on socioeconomic factors. We estimated the effect of CFS on direct medical costs (inpatient hospitalizations, provider visits, prescription medication spending, other medical supplies and services and loss in productivity (employment and earnings with a stratified sample (n = 500 from metropolitan, urban, and rural Georgia. We adjusted medical costs and earnings for confounders (age, sex, race/ethnicity, education, and geographic strata using econometric models and weighted estimates to reflect response-rate adjusted sampling rates. Results Individuals with CFS had mean annual direct medical costs of $5,683. After adjusting for confounding factors, CFS accounted for $3,286 of these costs (p Conclusions Study results indicate that chronic fatigue syndrome may lead to substantial increases in healthcare costs and decreases in individual earnings. Studies have estimated up to 2.5% of non-elderly adults may suffer from CFS. In Georgia, a state with roughly 5.5 million people age 18-59, illness could account for $452 million in total healthcare expenditures and $1.2 billion of lost productivity.

  8. REMITTANCES AND ECONOMIC GROWTH IN TURKEY

    Directory of Open Access Journals (Sweden)

    Huseyin KARAMELIKLI

    2015-07-01

    Full Text Available Savings are one of the important determinants beyond the theories of economic growth. Therefore remittances and foreign direct investment inflows have importance for the countries having insufficient savings. This study examines the relationship between economic growth, remittances, foreign direct investment inflows and gross domestic savings in Turkey during the period 1974-2013 by using Autoregressive Distributed Lag approach. We found that remittances, foreign direct investment and gross domestic savings had positive impact on economic growth.

  9. Analysis Of Supporting Factors On Foreign Direct Investment And Its Impact Toward Indonesian Employment And Export Performance Period 2005-2015

    Directory of Open Access Journals (Sweden)

    Suharto

    2017-09-01

    Full Text Available This research analyzes effects of foreign direct investment and Its Impact toward employment and export performance in Indonesia 2005-2015. This research with secondary data focuses on the Supporting factors in which attract foreign direct investment into Indonesia. This research focused on the problem First the impact of labor export results economic growth rate exchange rate inflation rate interest rate and tax toward foreign direct investment second the impact of foreign direct investment on the expansion of employment and export performance in Indonesia during the period 2005-2015. The result of this research explains that variables of human resourceslabor and export performance give positive effect as significantly to attracting foreign direct investment in Indonesia. While foreign direct investment in Indonesia gives positive effect to employment creation and to export performance.

  10. Economic and Power System Modeling and Analysis | Water Power | NREL

    Science.gov (United States)

    Economic and Power System Modeling and Analysis Economic and Power System Modeling and Analysis technologies, their possible deployment scenarios, and the economic impacts of this deployment. As a research approaches used to estimate direct and indirect economic impacts of offshore renewable energy projects

  11. Socio-economic impact assessment and community engagement to reduce conflict over mine operations

    Energy Technology Data Exchange (ETDEWEB)

    John Rolfe; Stewart Lockie [Central Queensland University, Qld. (Australia)

    2007-09-15

    The broad aim of this project was to assist coal mining companies develop effective processes for engaging with their communities and developing impact assessment and planning processes that can be agreed by their stakeholders. The range of project outcomes have been summarised in a series of reports, as follows. Report 1. Overview of social and economic issues associated with the Bowen Basin coal industry; Report 2. A review of environmental impact assessments (EIA) for coal mine developments and the use of economic and social impact assessment in the Bowen Basin - tools and trends; Report 3. Accounting for social and economic impacts in annual sustainability reporting; Report 4. Regional Economic impact assessment: an overview of the input-output methods; Report 5. The impact of coal industry development projects on the Central Highlands, Fitzroy and Queensland economies: An application of input-output method; Report 6. Regional Economic impact assessment: factors influencing workforce mobility to regional mining towns; Report 7. Social and economic impacts associated with changes in the coal mining industry in the Bowen Basin on the township of Blackwater; Report 8. Social and economic impacts associated with changes in the coal mining industry in the Bowen Basin on the Bauhinia Shire (Springsure and Rolleston); Report 9. Results of the extended stakeholder analysis (Blackwater); Report 10. Results of the extended stakeholder analysis (the Bauhinia Shire); and Report 11. Summary and Recommendations. This report includes a number of summary findings about the social and economic impacts of coal mining on the communities in the Bowen Basin. The approaches used are outlined and briefly discussed.

  12. Regional impacts of abolishing direct payments

    DEFF Research Database (Denmark)

    Uthes, Sandra; Priorr, Annette; Zander, Peter

    2011-01-01

    The direct payment system of the Common Agricultural Policy (CAP) provides income transfers to European farmers. Recently, several countries including England and Sweden have advocated the elimination of direct payments after 2013. The extent to which an elimination of direct payments would affect...... with different production orientations and land management types was modeled under the presence and absence of direct payments using a combination of agent-based and bio-economic modeling. We found that the initial characteristics of the regions, such as the historical farm structure and regional site conditions...

  13. Economic impacts of a hypothetical H1N1 pandemic : a cross-sectional analysis.

    Energy Technology Data Exchange (ETDEWEB)

    Smith, Braeton J.; Shaneyfelt, Calvin R.

    2010-06-01

    A NISAC study on the economic effects of a hypothetical H1N1 pandemic was done in order to assess the differential impacts at the state and industry levels given changes in absenteeism, mortality, and consumer spending rates. Part of the analysis was to determine if there were any direct relationships between pandemic impacts and gross domestic product (GDP) losses. Multiple regression analysis was used because it shows very clearly which predictors are significant in their impact on GDP. GDP impact data taken from the REMI PI+ (Regional Economic Models, Inc., Policy Insight +) model was used to serve as the response variable. NISAC economists selected the average absenteeism rate, mortality rate, and consumer spending categories as the predictor variables. Two outliers were found in the data: Nevada and Washington, DC. The analysis was done twice, with the outliers removed for the second analysis. The second set of regressions yielded a cleaner model, but for the purposes of this study, the analysts deemed it not as useful because particular interest was placed on determining the differential impacts to states. Hospitals and accommodation were found to be the most important predictors of percentage change in GDP among the consumer spending variables.

  14. Assessing the Economic Impact of Vaccine Availability When Controlling Foot and Mouth Disease Outbreaks

    Directory of Open Access Journals (Sweden)

    Thibaud Porphyre

    2018-03-01

    Full Text Available Predictive models have been used extensively to assess the likely effectiveness of vaccination policies as part of control measures in the event of a foot and mouth disease (FMD outbreak. However, the availability of vaccine stocks and the impact of vaccine availability on disease control strategies represent a key uncertainty when assessing potential control strategies. Using an epidemiological, spatially explicit, simulation model in combination with a direct cost calculator, we assessed how vaccine availability constraints may affect the economic benefit of a “vaccination-to-live” strategy during a FMD outbreak in Scotland, when implemented alongside culling of infected premises and dangerous contacts. We investigated the impact of vaccine stock size and restocking delays on epidemiological and economic outcomes. We also assessed delays in the initial decision to vaccinate, maximum daily vaccination capacity, and vaccine efficacy. For scenarios with conditions conducive to large outbreaks, all vaccination strategies perform better than the strategy where only culling is implemented. A stock of 200,000 doses, enough to vaccinate 12% of the Scottish cattle population, would be sufficient to maximize the relative benefits of vaccination, both epidemiologically and economically. However, this generates a wider variation in economic cost than if vaccination is not implemented, making outcomes harder to predict. The probability of direct costs exceeding £500 million is reduced when vaccination is used and is steadily reduced further as the size of initial vaccine stock increases. If only a suboptimal quantity of vaccine doses is initially available (100,000 doses, restocking delays of more than 2 weeks rapidly increase the cost of controlling outbreaks. Impacts of low vaccine availability or restocking delays are particularly aggravated by delays in the initial decision to vaccinate, or low vaccine efficacy. Our findings confirm that

  15. ECONOMIC REGIME AND FOREIGN DIRECT INVESTMENT IN UKRAINE

    Directory of Open Access Journals (Sweden)

    Łukasz Cywiński

    2014-08-01

    Full Text Available An economic regime might take the form in which extractive institutions do not allow for the proper development of foreign direct investment. In consequence these countries cannot fully benefit from economic aspects of globalization and increasing standards of living. This is the case of Ukraine, a country with very good location advantages and a well-educated workforce that attracts only the murky type of FDI. It is a country that is troubled by corruption and political instability but at the same time a country that began the path to finding its national identity by fighting against extractive institutions.

  16. From Poverty to Prosperity: Literacy's Impact on Canada's Economic Success. In Focus: Labour Market Engagement

    Science.gov (United States)

    Murray, Scott; Shillington, Richard

    2011-01-01

    The authors of this report analyzed the most recent data to illustrate the impact of literacy skills on both the micro- and macro-economic levels. The report explores whether there is a case to be made for direct links between literacy skill and income level. Data relating to the ability to get a job, job retention and promotion, risk of job loss,…

  17. Consciousness towards Socio-Economic Impact Propensity: The Langkawi Island

    Directory of Open Access Journals (Sweden)

    A. Khadar Nur Zafirah

    2014-01-01

    Full Text Available This study evaluates the socio-economic impact of tourism development on the tourist perceptions in Oriental Village, Langkawi Island. Socio-economic impacts are the consequences of either the tourism industry development or the presence of tourists in a particular destination, which resulted from the host-tourist relationship. Data for this research was generated using quantitative techniques and divided into 3 parts of instruments. Part A includes the demographic profile of respondents, Part B contains perceptions and opinions in economic and social impatcs and the last part was Part C where consists tourism utility assessment in social, economy and transportation. Simple frequency of mean and paired sample -test analysis were used to analyse the data generated for the study. The findings of the analysis proved that tourism development had a significant effect on the socio-economic impact and on the tourists’ perceptions in Oriental Village, Langkawi Island. In addition, it is viewed that public participation must be encouraged by tourism developers and planners to ensure the sustainability of tourism development in the community. Thus, this paper aims to give emphasis on the establishment of standard social guidelines within the tourism development framework for the purpose of preserving and protecting the social and economic values.

  18. The economic impact of Bluetongue and other orbiviruses in sub-Saharan Africa, with special reference to Southern Africa.

    Science.gov (United States)

    Grewar, John Duncan

    2016-09-30

    Bluetongue (BT) and African horse sickness (AHS) are considered the most important orbiviral diseases in Southern Africans countries. The general endemic status makes these diseases challenging to be quanti ed in terms of their economic impact. Using country reported data from BT and AHS outbreaks and cases, as well as international trade data, the economic impact of BT and AHS is evaluated on local, regional, and global scales. Local scale impact in the Southern African region is underestimated as shown by the underreporting of BT and AHS. Exceptions occur during epidemic cycles of the diseases and when the diseases impact regional animal movement and global trade, as in the case of AHS in South Africa. While BT is not directly implicated as a signi cant non-tari barrier for regional movement, there are unspeci ed clauses in import permits which refer to the 'OIE listed diseases' and the freedom thereof includes endemic diseases like BT. African horse sickness has a much more tangible regional and global economic impact because of movement restrictions within AHS control zones in South Africa and through international movement of horses from this country.

  19. Foreign direct investment and economic growth in developing ...

    African Journals Online (AJOL)

    It has been widely claimed that foreign direct investment (FDI) stimulates economic growth. In this study, an attempt is made to verify this for ten selected Sub-Saharan African (SSA) countries using data spanning from 2008 to 2013 obtained from world development indicators. Preliminary analysis conducted indicates that ...

  20. Economic Impact Assessment of Alternative Climate Policy Strategies

    International Nuclear Information System (INIS)

    Kemfert, C.

    2001-10-01

    This paper investigates the world economic implications of climate change policy strategies, especially the evaluation of impacts by an implementation of Clean Development Mechanisms, Joint Implementation and Emissions trading with a world integrated assessment model. Of special interest in this context are the welfare spill over and competitiveness effects that result from diverse climate policy strategies. In particular, this study elaborates and compares multi gas policy strategies and explores the impacts of the inclusion of sinks. Because of the recent decision of an isolated climate policy strategy by the United States of America, we examine the economic impacts of all world regions by a non cooperative and free rider position of the USA. It turns out that Clean Development Mechanisms and Joint Implementation show evidence of improvement in the economic development in the host countries and increase the share of new applied technologies. The decomposition of welfare effects demonstrates that the competitiveness effect including the spill over effects from trade have the strongest importance because of the intense trade relations between countries. Climatic effects have a significant impact within the next 50 years, cause considerable welfare losses to world regions and will intensify if some highly responsible nations like the USA do not reduce their emissions

  1. Comparing Statewide Economic Impacts of New Generation from Wind, Coal, and Natural Gas in Arizona, Colorado, and Michigan: Preprint

    Energy Technology Data Exchange (ETDEWEB)

    Tegen, S.

    2005-08-01

    With increasing concerns about energy independence, job outsourcing, and risks of global climate change, it is important for policy makers to understand all impacts from their decisions about energy resources. This paper assesses one aspect of the impacts: direct economic effects. The paper compares impacts to states from equivalent new electrical generation from wind, natural gas, and coal. Economic impacts include materials and labor for construction, operations, maintenance, fuel extraction, and fuel transport, as well as project financing, property tax, and landowner revenues. We examine spending on plant construction during construction years, in addition to all other operational expenditures over a 20-year span. Initial results indicate that adding new wind power can be more economically effective than adding new gas or coal power, and that a higher percentage of dollars spent on coal and gas will leave the state. For this report, we interviewed industry representatives and energy experts, in addition to consulting government documents, models, and existing literature. The methodology for this research can be adapted to other contexts for determining economic effects of new power generation in other states and regions.

  2. FOREIGN DIRECT INVESTEMENTS FLOWS IN BLACK SEA ECONOMIC COOPERATION

    Directory of Open Access Journals (Sweden)

    RADU-MARCEL JOIA

    2011-04-01

    Full Text Available We live in a time when the world’s economy is in a constantly change. Foreign direct investments flows are in actual economy one of the most dynamic and prospective part of the world’s economy being in a continuous globalization. These international financial flows determine the traders who take part at the world’s economy to know to adopt a specific management in the international affairs field. We are viewers of an unprecedented expansion of foreign direct investments. The main objective of the paper is to analyze the foreign direct investments flows in Black Sea Economic Cooperation. This study is based on UNCTAD reports and on an econometrical model which gives us the possibility to create different analysis concerning FDI flow in this cooperation. So we defined a simple regression model, in which the dependent variable is represented by Nominal and real GDP, total and per capita, variable explicated by FDI flows, using as method the Least Squared, including 19 observations. Through this paper, we tried to illustrate the relation between the FDI flows and the economic growth rate in the past years inRomania, member of Black Sea Economic region. In line with a general upward trend in FDI to Central and Eastern Europe, inward FDI to the Russian Federation held steady between 1998 and 2001, at an annual average of $2.8 billion. In Black Sea Economic region, Russian average is the biggest one, Russia being a leader country in warding FDI. The Russian Federation is by far the leading investor country in the region, accounting for more than 75% of its annual outflows. Inward and outward direct investments flows in Russia have reached in 2009 an amount of $38,722 billion. In Romania, following years of stagnation at very low levels, 1991 to 1997, FDI flows reached $1.1 billion in 2002. Inflows to Bulgaria peaked at $1 billion in 2000; the surge is largely due to flows from developed countries. Inward and outward direct investments flows in

  3. JEDI: Jobs and Economic Development Impact Model; NREL (National Renewable Energy Laboratory)

    Energy Technology Data Exchange (ETDEWEB)

    None

    2015-08-01

    The Jobs and Economic Development Impact (JEDI) models are user-friendly tools that estimate the economic impacts of constructing and operating power generation and biofuel plants at the local (usually state) level. First developed by NREL’s researchers to model wind energy jobs and impacts, JEDI has been expanded to also estimate the economic impacts of biofuels, coal, conventional hydro, concentrating solar power, geothermal, marine and hydrokinetic power, natural gas, photovoltaics, and transmission lines. This fact sheet focuses on JEDI for wind energy projects.

  4. Impact of Globalisation On Economic Growth in Romania: An Empirical Analysis of Its Economic, Social and Political Dimensions

    Directory of Open Access Journals (Sweden)

    Olimpia Neagu

    2017-04-01

    Full Text Available The paper analyses the link between globalisation and economic growth in Romania for a time span of 24 years. Data from World Bank were used in an econometrical model in order to highlight the impact of globalisation, expressed by the KOF globalisation index and its components (economic, social and political globalisation indices on economic growth rate. A statistical strong and positive link is found between GDP per capita dynamics and overall globalisation index as well as between GDP growth rate and economic and political globalisation, except the social dimension of globalisation which has a negative impact on economic growth in Romania for the time span 1990-2013.

  5. The economic and poverty impacts of animal diseases in developing countries: new roles, new demands for economics and epidemiology.

    Science.gov (United States)

    Rich, Karl M; Perry, Brian D

    2011-09-01

    Animal disease outbreaks pose significant threats to livestock sectors throughout the world, both from the standpoint of the economic impacts of the disease itself and the measures taken to mitigate the risk of disease introduction. These impacts are multidimensional and not always well understood, complicating effective policy response. In the developing world, livestock diseases have broader, more nuanced effects on markets, poverty, and livelihoods, given the diversity of uses of livestock and complexity of livestock value chains. In both settings, disease control strategies, particularly those informed by ex ante modeling platforms, often fail to recognize the constraints inherent among farmers, veterinary services, and other value chain actors. In short, context matters. Correspondingly, an important gap in the animal health economics literature is the explicit incorporation of behavior and incentives in impact analyses that highlight the interactions of disease with its socio-economic and institutional setting. In this paper, we examine new approaches and frameworks for the analysis of economic and poverty impacts of animal diseases. We propose greater utilization of "bottom-up" analyses, highlighting the strengths and weaknesses of value chain and information economics approaches in impact analyses and stressing the importance of improved integration between the epidemiology of disease and its relationships with economic behavior. Copyright © 2010 Elsevier B.V. All rights reserved.

  6. The economic impact of the Volksblad Arts Festival

    Directory of Open Access Journals (Sweden)

    A. J. Strydom

    2006-12-01

    Full Text Available Purpose: Arts festivals, as a form of event tourism, are becoming more and more popular in South Africa with new festivals developing annually. The Volksblad Arts Festival in Bloemfontein celebrated its fifth anniversary in 2005. The purpose of this paper is to indicate the economic impact of the annual Volksblad Arts Festival on the local economy of Bloemfontein. Results are also compared with research done at other popular festivals in South Africa. Design/Methodology/Approach: The main thrust of the paper is to determine the economic impact of the Volksblad Arts Festival in Bloemfontein. More than 400 visitor questionnaires and 72 business questionnaires were administered and successfully completed during the festival that took place from 12-17 July 2005. Findings: The results show that this festival generates R18 405 653. If one compares it to festivals such as the KKNK in Oudtshoorn, the National Arts Festival in Grahamstown and even Aardklop held in Potchefstroom, it is evident that Volksblad is a smaller festival and it is therefore also expected that the economic impact of the festival should be less. Implications: This paper presents a comprehensive approach to understanding the measurement of the economic impact of a festival like the Volksblad Arts Festival. It provides tourism managers of Bloemfontein with an indication of the potential of event tourism as a source of income for the city. It also indicates the need for more extensive marketing in order to increase the percentage of non-local visitors to the particular festival. Originality/Value: Bloemfontein is increasingly regarded as an event tourism destination rather than an end destination for leisure tourists. This research represents an original attempt to indicate the potential impact of events to the tourism managers of Bloemfontein as well as other destinations with similar interests.

  7. Social and economic impacts of climate.

    Science.gov (United States)

    Carleton, Tamma A; Hsiang, Solomon M

    2016-09-09

    For centuries, thinkers have considered whether and how climatic conditions-such as temperature, rainfall, and violent storms-influence the nature of societies and the performance of economies. A multidisciplinary renaissance of quantitative empirical research is illuminating important linkages in the coupled climate-human system. We highlight key methodological innovations and results describing effects of climate on health, economics, conflict, migration, and demographics. Because of persistent "adaptation gaps," current climate conditions continue to play a substantial role in shaping modern society, and future climate changes will likely have additional impact. For example, we compute that temperature depresses current U.S. maize yields by ~48%, warming since 1980 elevated conflict risk in Africa by ~11%, and future warming may slow global economic growth rates by ~0.28 percentage points per year. In general, we estimate that the economic and social burden of current climates tends to be comparable in magnitude to the additional projected impact caused by future anthropogenic climate changes. Overall, findings from this literature point to climate as an important influence on the historical evolution of the global economy, they should inform how we respond to modern climatic conditions, and they can guide how we predict the consequences of future climate changes. Copyright © 2016, American Association for the Advancement of Science.

  8. Evolutionary modelling of the macro-economic impacts of catastrophic flood events

    NARCIS (Netherlands)

    Safarzynska, K.E.; Brouwer, R.; Hofkes, M.

    2013-01-01

    This paper examines the possible contribution of evolutionary economics to macro-economic modelling of flood impacts to provide guidance for future economic risk modelling. Most macro-economic models start from a neoclassical economic perspective and focus on equilibrium outcomes, either in a static

  9. The economic impact of east–west migration on the European Union

    Czech Academy of Sciences Publication Activity Database

    Kahanec, M.; Pytliková, Mariola

    2017-01-01

    Roč. 44, č. 3 (2017), s. 407-434 ISSN 0340-8744 Institutional support: Progres-Q24 Keywords : EU enlargement * free mobility of workers * migration impacts Subject RIV: AH - Economics OBOR OECD: Applied Economics, Econometrics Impact factor: 0.658, year: 2016

  10. Impact of FDI in economic expansion: The Kosovo case

    Directory of Open Access Journals (Sweden)

    Afrim Loku

    2017-11-01

    financial institutions. The persistent trade deficit reflects a weak production base and poor international competitiveness. Reliance on remittances and the widespread informal economy additionally decrease employment incentives, resulting in low labour force participation, especially among women, and high unemployment rates, in particular among young and unskilled workers. Kosovo is at an early stage in building the capacity to cope with competitive pressures and market forces within the Union. No progress was made on improving the quality of education, which is a key driver for improving long-term growth and competitiveness. Foreign direct investment (FDI is widely recognized for its positive impacts on economic growth and transformation (Amerasinghe & Modesto, 2012. FDI may facilitate rapid economic growth in developing countries by increasing savings and investment and by transferring experiences, technologies, and know-how from developed countries (Mott aleba, & Kalirajan, 2010. The impact of FDI on growth may also positively aff ect poverty levels in the host country by increasing employment opportunities and wages (Klein, Aaaron and Hadjimichael, 2011. Kosovo is limited in its ability to attract foreign investment due to the lack of information distribution within global markets, poor international communication regarding its economic environment and opportunities for foreign investment, and the absence of a credit rating by a credible foreign rating agency. Foreign investment inflows have also been hindered by high degrees of corruption, slow and ineffective business environment reforms, lack of transparency, economic inactivity in many sectors, negative perception by foreign investors and diaspora populations, and the failure of institutions to implement and achieve their set objectives. The law has not been implemented because of various factors (such as: bureaucracy costs, long administrative procedures, bribery and favors and all of them have created

  11. Framework for modelling economic impacts of invasive species, applied to pine wood nematode in Europe.

    Directory of Open Access Journals (Sweden)

    Tarek Soliman

    Full Text Available BACKGROUND: Economic impact assessment of invasive species requires integration of information on pest entry, establishment and spread, valuation of assets at risk and market consequences at large spatial scales. Here we develop such a framework and demonstrate its application to the pinewood nematode, Bursaphelenchus xylophilus, which threatens the European forestry industry. The effect of spatial resolution on the assessment result is analysed. METHODOLOGY/PRINCIPAL FINDINGS: Direct economic impacts resulting from wood loss are computed using partial budgeting at regional scale, while impacts on social welfare are computed by a partial equilibrium analysis of the round wood market at EU scale. Substantial impacts in terms of infested stock are expected in Portugal, Spain, Southern France, and North West Italy but not elsewhere in EU in the near future. The cumulative value of lost forestry stock over a period of 22 years (2008-2030, assuming no regulatory control measures, is estimated at €22 billion. The greatest yearly loss of stock is expected to occur in the period 2014-2019, with a peak of three billion euros in 2016, but stabilizing afterwards at 300-800 million euros/year. The reduction in social welfare follows the loss of stock with considerable delay because the yearly harvest from the forest is only 1.8%. The reduction in social welfare for the downstream round wood market is estimated at €218 million in 2030, whereby consumers incur a welfare loss of €357 million, while producers experience a €139 million increase, due to higher wood prices. The societal impact is expected to extend to well beyond the time horizon of the analysis, and long after the invasion has stopped. CONCLUSIONS/SIGNIFICANCE: Pinewood nematode has large economic consequences for the conifer forestry industry in the EU. A change in spatial resolution affected the calculated directed losses by 24%, but did not critically affect conclusions.

  12. Expansion of environmental impact assessment for eco-efficiency evaluation of China's economic sectors: An economic input-output based frontier approach.

    Science.gov (United States)

    Xing, Zhencheng; Wang, Jigan; Zhang, Jie

    2018-09-01

    Due to the increasing environmental burdens caused by dramatic economic expansion, eco-efficiency indicating how efficient the economic activity is with respect to its environmental impacts has become a topic of considerable interest in China. In this context, Economic Input-output Life Cycle Assessment (EIO-LCA) and Data Envelopment Analysis (DEA) are combined to assess the environmental impacts and eco-efficiency of China's 26 economic sectors. The EIO-LCA results indicate that Electricity Production and Supply sector is the largest net exporter in energy usage, CO 2 emission and exhaust emission categories, while Construction sector is the largest net importer for five impact categories except for water withdrawal. Moreover, Construction sector is found to be the destination of the largest sector-to-sector environmental impact flows for the five impact categories and make the most contributions to the total environmental impacts. Another key finding is that Agriculture sector is both the largest net exporter and the greatest contributor for water withdrawal category. DEA results indicate that seven sectors are eco-efficient while over 70% of China's economic sectors are inefficient and require significant improvements. The average target improvements range between 23.30% and 35.06% depending on the impact category. Further sensitivity analysis reveals that the average sensitivity ratios vary from 7.7% to 15.7% among the six impact categories, which are found to be negatively correlated with their improvement potentials. Finally, several policy recommendations are made to mitigate environmental impacts of China's economic sectors and improve their eco-efficiency levels. Copyright © 2018 Elsevier B.V. All rights reserved.

  13. Should Budapest Bid for the Olympics? - Measuring the Economic Impacts of Larger Sporting Events

    OpenAIRE

    Bruce L. Jaffee

    2002-01-01

    The article deals with both the general economic impact of large sporting events and the likely economic impact of having the Olympics held in Budapest. The author describes the general economic theory of economic impact and the spending patterns at major sporting events. He finds that a considerable part of the money spent in a community at the time of such an event cannot be viewed as “new money”that will stimulate the local economy. A large economic impact of such an event requires that it...

  14. The economic impact of the Department of Energy on the State of New Mexico Fiscal Year 1995

    Energy Technology Data Exchange (ETDEWEB)

    Lansford, R.R. [New Mexico State Univ., Las Cruces, NM (United States). New Mexico Agricultural Experiment Station; Adcock, L.D.; Gentry, L.M. [Dept. of Energy, Albuquerque, NM (United States). Office of Energy, Science and Technology; Ben-David, S. [Univ. of New Mexico, Albuquerque, NM (United States). Dept. of Economics

    1996-08-01

    The U.S. Department of Energy (DOE) provides a major source of economic benefits in New Mexico, second only to the activities of the U.S. Department of Defense. The agency`s far-reaching economic influence within the state is the focus of this report. Economic benefits arising from the various activities and functions of both the Department and its contractors have accrued to the state continuously for over 45 years. For several years, DOE/Albuquerque Operations Office (AL) and New Mexico State University (NMSU) have maintained inter-industry, input-output modeling capabilities to assess DOE`s impacts on the state of New Mexico and the other substate regions most directly impacted by DOE activities. One of the major uses of input-output techniques is to assess the effects of developments initiated outside the economy such as federal DOE monies that flow into the state, on an economy.

  15. The economic impact of the Department of Energy on the State of New Mexico Fiscal Year 1995

    International Nuclear Information System (INIS)

    Lansford, R.R.; Adcock, L.D.; Gentry, L.M.; Ben-David, S.

    1996-08-01

    The U.S. Department of Energy (DOE) provides a major source of economic benefits in New Mexico, second only to the activities of the U.S. Department of Defense. The agency's far-reaching economic influence within the state is the focus of this report. Economic benefits arising from the various activities and functions of both the Department and its contractors have accrued to the state continuously for over 45 years. For several years, DOE/Albuquerque Operations Office (AL) and New Mexico State University (NMSU) have maintained inter-industry, input-output modeling capabilities to assess DOE's impacts on the state of New Mexico and the other substate regions most directly impacted by DOE activities. One of the major uses of input-output techniques is to assess the effects of developments initiated outside the economy such as federal DOE monies that flow into the state, on an economy

  16. Economic impact profiling of CBRN events: focusing on biological incidents.

    Science.gov (United States)

    Cavallini, Simona; Bisogni, Fabio; Mastroianni, Marco

    2014-12-01

    Chemical, biological, radiological and nuclear (CBRN) incidents, both caused accidentally by human error or natural/technological events and determined intentionally as criminal/malicious/terroristic acts, have consequences that could be differently characterized. In the last years many efforts to analyze the economic impact of terrorist threat have been carried out, while researches specifically concerning CBRN events have not been extensively undertaken. This paper in particular aims at proposing a methodological approach for studying macro-level economic impact profiles of biological incidents caused by weaponized and non-weaponized materials. The suggested approach investigates the economic consequences of biological incidents according to two main dimensions: type of large-scale effect and persistence of effect. Biological incident economic impacts are analyzed taking into account the persistence of effect during time as short-term impact (i.e. immediately after the incident), medium-term impact (i.e. by a month) and long-term impact (i.e. by years). The costs due to preventive countermeasure against biological threats (e.g. prevention, protection and preparedness expenses) are not taken into account. To this purpose, information on the key features of past biological incidents can be used as case studies to try to build impact profiles taking into account the proposed two main dimensions. Consequence management and effect mitigation of CBRN emergencies and disasters may benefit from an ex ante definition of the impact profiling related to this kind of incidents. The final goal of this paper is to define an approach to organize information on possible biological events according to their impact profile for supporting more effective and efficient first responders' prompt actions and policy makers' strategic decisions after the event occurrence.

  17. Multi-basin, Multi-sector Drought Economic Impact Model in Python: Development and Applications

    Science.gov (United States)

    Gutenson, J. L.; Zhu, L.; Ernest, A. N. S.; Oubeidillah, A.; Bearden, B.; Johnson, T. G.

    2015-12-01

    Drought is one of the most economically disastrous natural hazards, one whose impacts are exacerbated by the lack of abrupt onset and offset that define tornados and hurricanes. In the United States, about 30 billion dollars losses is caused by drought in 2012, resulting in widespread economic impacts for societies, industries, agriculture, and recreation. And in California, the drought cost statewide economic losses about 2.2 billion, with a total loss of 17,100 seasonal and part-time jobs. Driven by a variety of factors including climate change, population growth, increased water demands, alteration to land cover, drought occurs widely all over the world. Drought economic consequence assessment tool are greatly needed to allow decision makers and stakeholders to anticipate and manage effectively. In this study, current drought economic impact modeling methods were reviewed. Most of these models only deal with the impact in the agricultural sector with a focus on a single basin; few of these models analyze long term impact. However, drought impacts are rarely restricted to basin boundaries, and cascading economic impacts are likely to be significant. A holistic approach to multi-basin, multi-sector drought economic impact assessment is needed.In this work, we developed a new model for drought economic impact assessment, Drought Economic Impact Model in Python (PyDEM). This model classified all business establishments into thirteen categories based on NAICS, and using a continuous dynamic social accounting matrix approach, coupled with calculation of the indirect consequences for the local and regional economies and the various resilience. In addition, Environmental Policy Integrated Climate model was combined for analyzing drought caused soil erosion together with agriculture production, and then the long term impacts of drought were achieved. A visible output of this model was presented in GIS. In this presentation, Choctawhatchee-Pea-Yellow River Basins, Alabama

  18. The Impact of China on South American Political and Economic Development

    DEFF Research Database (Denmark)

    Christensen, Steen Fryba

    2018-01-01

    The analysis compares three typologies of South American countries in terms of the impact of China on their political and economic development.......The analysis compares three typologies of South American countries in terms of the impact of China on their political and economic development....

  19. Glastonbury Festival 2007: The Socio-Economic Impacts on the Host Community

    OpenAIRE

    Rose, Eleanor

    2008-01-01

    Event tourism, particularly festival tourism, is increasingly becoming a focus for tourism research. There are numerous impacts of festival tourism to the tourism industry and they often have numerous effects upon the host community. This research investigates the economic and social impacts of Glastonbury Festival 2007 on the host community. The research estimates a total economic impact on the immediate and the wider geographical area and gains an insight into the social impacts of the F...

  20. Economic impacts from energy efficiency programs - Variations in multiplier effects by program type and region. Volume 1

    International Nuclear Information System (INIS)

    Gardner, John; Skumatz, Lisa

    2007-01-01

    Research indicates that the value of omitted program effects - specifically non-energy benefits (NEBs) - represent a significant share of overall program impacts. One of the largest components of societal benefits is the direct and indirect economic and job creation effects stimulated by the investment in conservation on behalf of the program. The literature has indicated that the valuations assigned to this category of these categories can be large, but much of the literature overstates the impact of economic NEBs. We conducted extensive research to develop reliable and defensible estimates of these benefits categories. This study used input-output analysis to update the economic multipliers for NEBs in several ways. Net: Developed 'net' estimates of the multipliers (rather than 'gross' factors)Variations by Region: Estimated multipliers for multiple states and for the entire US; Variations by Program Type: Developed estimates based on different types or categories of programs (e.g weatherization vs. new construction vs. appliance programs, etc.), Variations in Baseline Assumptions: Different assumptions about where the expenditures are transferred 'from' for the net analysis (e.g. from 'generation', from a mixed market basket, etc.); and Variations over Time: Used data from multiple time periods to examine changes in the size of multipliers over time. We examined the results by state, by program type, and over time and found dramatic differences in the economic impacts by program type and territory under consideration. The results provide estimates of the economic impacts derived from the program; however, for communities or utilities with economic development goals, the results can be used to help select between program alternatives. The results are new, and the revised figures have been used to compute more reliable and tailored estimates of economic non-energy benefits that can be applied in regulatory tests

  1. A Holistic Assessment of Energy Production: Environmental, Economic, and Social Impacts of Hydraulic Fracturing in Williams County, North Dakota

    Science.gov (United States)

    Jagdeo, J.; Ravikumar, A. P.; Grubert, E.; Brandt, A. R.

    2016-12-01

    Unconventional oil and natural gas production in the U.S. has increased tenfold between 2005 and 2014 due to advances in hydraulic fracturing technology. Prior studies of hydraulic fracturing activity have mainly focused on two themes: the environmental impacts related to air and water pollution or the direct and spillover economic benefits resulting from oil booms at the state and local level. However, the impacts of hydraulic fracturing extend beyond these effects. Oil-boom counties have experienced environmental changes in land-use and water supply and witnessed social changes in demographics, crime, and health, factors that are not typically evaluated in regard to hydraulic fracturing. Hence, there is a need to consider the holistic effects of oil production on communities. This study examines the environmental, economic, and social impacts of oil and gas activity in Williams County, North Dakota by comparing its pre-boom ( 2005) and post-boom ( 2014) conditions. Annual oil production in Williams County increased from 3.4 million barrels in 2005 to 56 million barrels in 2014, providing an ideal test-case to study the impact of energy development on surrounding communities. We compared changes in multiple impact categories, attributed directly or indirectly to hydraulic fracturing activity, to trends at the national level. For example, between 2005 and 2014, CO2 and CH4 emissions primarily from oil and gas activity increased by 360 thousand metric tons CO2e, corresponding to a 20-fold increase. Concurrently, national emissions decreased by 10.5%. Over twenty indicators were analyzed across environmental, social and economic impact categories, including land-use change, median household income, and crime rates. The datasets were normalized using federal regulations for upper and lower bounds, or calibrated against national averages. Normalized indicators are then aggregated to provide a single-value `impact-factor'. Such `impact-factor' maps will provide a

  2. FDI DETERMINANTS IN THE EURASIAN ECONOMIC UNION COUNTRIES AND EURASIAN ECONOMIC INTEGRATION EFFECT ON FDI INFLOWS

    Directory of Open Access Journals (Sweden)

    Yerkezhan Zhumakankyzy Akhmetzaki

    2017-09-01

    Full Text Available The paper examines the potential determinants of foreign direct investment inflows into the region of Eurasian Economic Union, as well as incentives for investment into other neighboring countries. In the first model, the authors test a hypothesis on country specific foreign direct investment determinants for the Eurasian Economic Union region. The results of fixed effects estimation show that gross domestic product, infrastructure development and secondary education enrollment have a positive statistically significant effect on the foreign direct investment inflows into the region. Conversely, the impact of Customs Union on foreign direct investment appeared to be negative. Furthermore, in the second model of the natural experiment, the authors empirically test the hypothesis on Customs Union’s effect on foreign direct investment while controlling for both country and time effects. The model includes evaluating the impact of the policy change on foreign investment inflows. The natural experiment outcome also points to the negative effect of Eurasian economic integration on foreign direct investment inflows. Although the countries of Eurasian Economic Union have relatively business friendly regulations, such procedures as enforcing contracts, resolving insolvencies and dealing with construction permits are time-consuming. For attracting foreign investment, it is advisable to facilitate such procedures and make the process of setting up a new business less onerous. The research can be used as an outline for further examining of Eurasian economic integration and apart from that, the study results can be applied for practical purposes of policy elaboration aimed at stimulating foreign direct investment into the Eurasian Economic Union.

  3. Fin field effect transistor directionality impacts printing of implantation shapes

    Science.gov (United States)

    Wang, Xiren; Granik, Yuri

    2018-01-01

    In modern integrated circuit (IC) fabrication processes, the photoresist receives considerable illumination energy that is reflected by underlying topography during optical lithography of implantation layers. Bottom antireflective coating (BARC) is helpful to mitigate the reflection. Often, however, BARC is not used, because its removal is technically challenging, in addition to its relatively high economic cost. Furthermore, the advanced technology nodes, such as 14/10-nm nodes, have introduced fin field effect transistor (FinFET), which makes reflection from nonuniform silicon substrates exceptionally complicated. Therefore, modeling reflection from topography becomes obligatory to accurately predict printing of implantation shapes. Typically, FinFET is always fixed in one direction in realistic designs. However, the same implantation rectangle may be oriented in either horizontal or vertical direction. Then, there are two types of relations between the critical dimension (CD) and FinFET, namely a parallel-to and a perpendicular-to relation. We examine the fin directionality impact on CD. We found that this impact may be considerable in some cases. We use our in-house rigorous optical topography simulator to reveal underlining physical reasons. One of the major causes of the CD differences is that in the parallel orientation, the solid sidewalls of the fins conduct considerable light reflections unlike for the perpendicular orientation. This finding can aid the compact modeling in optical proximity correction of implantation masks.

  4. Socio-economic impact of African swine fever outbreak of 2011 and ...

    African Journals Online (AJOL)

    With our findings we can conclude that ASF is still an important transboundary animal disease (TAD) with enormous socio-economic impact that requires concerted efforts of all stakeholders in the enforcement of control and preventive measures. Key words: African swine fever, socio-economic impact, seroprevalence, Isoka ...

  5. Economic and socio-cultural impacts of Mainland Chinese tourists on Hong Kong residents

    Directory of Open Access Journals (Sweden)

    Manisa Piuchan

    2018-01-01

    Full Text Available The aim of this study was to investigate the economic and socio-cultural impacts from the burgeoning mainland Chinese tourists on Hong Kong residents. Ten individual, semi-structured interviews were conducted to collect Hong Kong residents' views. Content analysis was employed to analyze the data. The results showed that the socio-cultural aspects were reported negatively with regard to culture, shopping and dining, and transportation but conversely, it had a positive impact on education and infrastructure. The economic aspect showed that residents accepted and appreciated the economic benefits brought by the inflow of mainland Chinese tourists. The Hong Kong government should consider these impacts, and then provide better solutions for residents' lives and plans to cope with the upcoming scenario which might arise regarding Hong Kong's economic boom and more tourists traveling to Hong Kong. Recommendations are also suggested in this study for further development. Keywords: Chinese tourists, economic impacts, socio-cultural impacts, tourism impacts

  6. 78 FR 30920 - Economic Impact Policy

    Science.gov (United States)

    2013-05-23

    ... EXPORT-IMPORT BANK OF THE UNITED STATES Economic Impact Policy This notice is to inform the public that the Export-Import Bank of the United States has received an application for a $650 million long... Asian Markets including: China, Japan, Korea, and Taiwan. Interested parties may submit comments on this...

  7. 78 FR 37539 - Economic Impact Policy

    Science.gov (United States)

    2013-06-21

    ... the export of approximately $74 million in U.S. semiconductor manufacturing equipment to a dedicated foundry in China. The U.S. exports will enable the dedicated foundry to increase existing 300mm (non-DRAM... EXPORT-IMPORT BANK Economic Impact Policy This notice is to inform the public that the Export...

  8. 78 FR 34660 - Economic Impact Policy

    Science.gov (United States)

    2013-06-10

    ... guarantee to support the export of approximately $110.4 million worth of aluminum beverage cans and ends manufacturing equipment to China. The U.S. exports will enable the Chinese company to produce approximately 2.8... EXPORT-IMPORT BANK Economic Impact Policy This notice is to inform the public that the Export...

  9. Foreign direct investment with regard to the economic growth of the Japanese economy

    Directory of Open Access Journals (Sweden)

    Milan Palát

    2011-01-01

    Full Text Available Foreign direct investment presents an indivisible part of the global economy and a major catalyst to development. The paper stresses out the importance of FDI in boosting the growth of the nation’s economy and is aimed at assessing the flow of inward FDI into Japan in the frame of the economic development of the country. Many studies reflected the superior managerial efficiency and productivity of foreign business companies operating in Japan and this is considered to be an asset of inward FDI into Japan. From the beginning of the reference period (with an exception of last two decades the ratio of FDI on gross domestic product in Japan remained quite stable. This economy witnessed augmented FDI flows in the 1990s but current economic situation aggravated by the global financial and economic crisis differs significantly from the development in previous years. A fitted developmental series using a logarithmic polynomial indicate the described trend of FDI in Japan. Based on results of methods of regression and correlation analysis (including testing the statistical significance, the correlation is evident between FDI and gross domestic product in the monitored country and the existence of a growth impact of FDI can be thus accepted.

  10. [Direct economic burden of cerebrovascular disease, during 1993-2008 in China].

    Science.gov (United States)

    Lu, Jing; Xu, Ling; Zhai, Yi; Zhang, Yaoguang; Lyu, Yuebin; Shi, Xiaoming

    2014-11-01

    To evaluate the status and trend of direct economic burden on cerebrovascular disease, from 1993 to 2008 in China. Using two-step model to calculate the economic cost with related trend of cerebrovascular disease within the population among the over 30-year-olds, from 1993 to 2008. Data was gathered from the National Health Service Surveys Analysis Reports of 1993, 1998, 2003 and 2008, that including both direct outpatient and inpatient cost. There appeared a significant increase on the burden of cerebrovascular diseases in the period of 15 years, with direct economic cost increasing from 8.473 billion to 103.125 billion RMB. In fact, the actual increase was 5.3 times, without the influence of the price. The average annual growth rate was 13.1%, exceeding the rate of total expenditure on health and GDP during the same time span. In addition, the growth rate in 2003-2008 was the fastest, which appeared to be 19.8%. Burden that caused by cerebrovascular disease on individuals and the whole society was heavy which warrented further theoratical and practical studies on it.

  11. Regional economic impacts of nuclear power plants

    International Nuclear Information System (INIS)

    Isard, W.; Reiner, T.; Van Zele, R.; Stratham, J.

    1976-08-01

    This study of economic and social impacts of nuclear power facilities compares a nuclear energy center (NEC) consisting of three surrogate sites in Ocean County, New Jersey with nuclear facilities dispersed in the Pennsylvania - New Jersey - Maryland area. The NEC studied in this report is assumed to contain 20 reactors of 1200 MW(e) each, for a total NEC capacity of 24,000 MW(e). Following the Introductory chapter, Chapter II discusses briefly the methodological basis for estimating impacts. This part of the analysis only considers impacts of wages and salaries and not purchase of construction materials within the region. Chapters III and IV, respectively, set forth the scenarios of an NEC at each of three sites in Ocean County, N.J. and of a pattern of dispersed nuclear power plants of total equivalent generating capacity. In each case, the economic impacts (employment and income) are calculated, emphasizing the regional effects. In Chapter V these impacts are compared and some more general conclusions are reported. A more detailed analysis of the consequences of the construction of a nuclear power plant is given in Chapter VI. An interindustry (input-output) study, which uses rather finely disaggregated data to estimate the impacts of a prototype plant that might be constructed either as a component of the dispersed scenario or as part of an NEC, is given. Some concluding remarks are given in Chapter VII, and policy questions are emphasized

  12. Analysis of the South African input-output table to determine sector specific economic impacts: A study on real estate

    Directory of Open Access Journals (Sweden)

    Douw Gert Brand Boshoff

    2016-11-01

    Full Text Available Input-output analysis is a well known method of analysing specific economic activity and the influence of different sectors on the economy and on one another. This study investigates the ability of input-output analysis to consider the importance of commercial real estate on the economy. It analyses the economic activity, contribution to GDP, employment created and taxes generated with reference to direct, indirect and induced impacts. The research shows the contribution of the specific sector on the economy and highlights the ability of input-output analysis to determine the impact of different types of property and locational analysis. The interaction of property with the economy is discussed, which also enables the use of the analysis reported here for short term future forecasting, whereby expected real estate activity is used to forecast the direct, indirect and induced effects on the economy.

  13. Towards an integrated economic assessment of climate change impacts on agriculture

    Science.gov (United States)

    Lotze-Campen, H.; Piontek, F.; Stevanovic, M.; Popp, A.; Bauer, N.; Dietrich, J.; Mueller, C.; Schmitz, C.

    2012-12-01

    For a detailed understanding of the effects of climate change on global agricultural production systems, it is essential to consider the variability of climate change patterns as projected by General Circulation Models (GCMs), their bio-physical impact on crops and the response in land-use patterns and markets. So far, approaches that account for the interaction of bio-physical and economic impacts are largely lacking. We present an integrative analysis by using a soft-coupled system of a biophysical impact model (LPJmL, Bondeau et al. 2007), an economically driven land use model (MAgPIE, Lotze-Campen et al. 2008) and an integrated assessment model (ReMIND-R, Leimbach et al. 2010) to study climate change impacts and economic damages in the agricultural sector. First, the dynamic global vegetation and hydrology model LPJmL is used to derive climate change impacts on crop yields for wheat, maize, soy, rice and other major crops. A range of different climate projections is used, taken from the dataset provided by the Intersectoral Impact Model Intercomparison Project (ISI-MIP, www.isi-mip.org), which bias-corrected the latest CMIP5 climate data (Taylor et al. 2011). Crop yield impacts cover scenarios with and without CO2 fertilization as well as different Representative Concentration Pathways (RCPs) and different GCMs. With increasing temperature towards the end of the century yields generally decrease in tropical and subtropical regions, while they tend to benefit in higher latitudes. LPJmL results have been compared to other global crop models in the Agricultural Model Intercomparison and Improvement Project (AgMIP, www.agmip.org). Second, changes in crop yields are analysed with the spatially explicit agro-economic model MAgPIE, which covers their interaction with economic development and changes in food demand. Changes in prices as well as welfare changes of producer and consumer surplus are taken as economic indicators. Due to climate-change related reductions in

  14. The Impact of Depression on Social Economic Decision Making

    NARCIS (Netherlands)

    Harlé, K.M.; Allen, J.J.B.; Sanfey, A.G.

    2010-01-01

    Although the role of emotion in social economic decision making has been increasingly recognized, the impact of mood disorders, such as depression, on such decisions has been surprisingly neglected. To address this gap, 15 depressed and 23 nondepressed individuals completed a well-known economic

  15. Measuring the Impact of Economic Crisis to the Greek Vehicle Market

    Directory of Open Access Journals (Sweden)

    Evanthia A. Nanaki

    2018-02-01

    Full Text Available The fallout of the global economic crisis has impacted Greece severely as the austerity measures that were implemented since 2009 have had a devastating effect on poverty and the level of living. The financial agreement of the Greek government with the International Monetary Fund (IMF gave rise to a deep recession phase in the Greek market that started in early 2008. The automobile industry is among the sectors that have been severely affected by the economic crisis. Given that the demand for cars fell sharply and that the Greek car market is facing serious problems, mapping and understanding them can provide useful input to the Greek vehicle market. Regression analysis is being employed, and the interrelations of different variables, such as net disposable income, unemployment rate, fuel prices, the Greek crisis, loans directed to the vehicle market, as well as the inflation rate for the period of 2000–2016, are investigated. Analyzing the factors affecting car sales can provide policy-makers with knowledge in order to take legislative and economic measures, so as to boost sales of new environmental friendly vehicles not only in Greece, but in all EU states.

  16. Economic, energy and greenhouse emissions impacts of some consumer choice, technology and government outlay options

    International Nuclear Information System (INIS)

    Lenzen, Manfred; Dey, Christopher J.

    2002-01-01

    The impacts of selected spending options in the Australian economy are determined in terms of energy consumption, greenhouse gas emissions and a range of economic parameters. Six case studies of one current-practice and one alternative, environmentally motivated spending option are carried out, describing consumer choices, technologies and government outlays. The assessment method is based on input-output theory and, as such, enables both the direct and indirect effects of spending to be quantified. In general, the results indicate that pro-environmental objectives, such as reductions in energy consumption and greenhouse gas emissions, are compatible with broad socio-economic benefits, such as increases in employment and income, and reductions in imports

  17. 75 FR 28021 - Economic Impact Policy

    Science.gov (United States)

    2010-05-19

    ... EXPORT-IMPORT BANK OF THE UNITED STATES Economic Impact Policy This notice is to inform the public that the Export-Import Bank of the United States has received an application for a $400 million long.... New Mexican production of ZSM will be sold in the U.S., Canada, Mexico, and Brazil. Interested parties...

  18. 76 FR 79679 - Economic Impact Policy

    Science.gov (United States)

    2011-12-22

    ... EXPORT-IMPORT BANK OF THE UNITED STATES Economic Impact Policy This notice is to inform the public that the Export-Import Bank of the United States has received an application for a $74 million long..., locomotives and railcars to Canada. The U.S. exports will enable the Canadian mining company to increase...

  19. 77 FR 6563 - Economic Impact Policy

    Science.gov (United States)

    2012-02-08

    ... EXPORT-IMPORT BANK OF THE UNITED STATES Economic Impact Policy This notice is to inform the public that the Export-Import Bank of the United States has received an application for a $1.74 billion loan... Australia. The U.S. exports will enable the Australian mining company to increase production by about 100...

  20. 76 FR 28225 - Economic Impact Policy

    Science.gov (United States)

    2011-05-16

    ... EXPORT-IMPORT BANK OF THE UNITED STATES Economic Impact Policy This notice is to inform the public that the Export-Import Bank of the United States has received an application for a $47 million long... services to Australia. The U.S. exports will enable the Australian mining company to produce, on average...

  1. The economic impact of east–west migration on the European Union

    Czech Academy of Sciences Publication Activity Database

    Kahanec, M.; Pytliková, Mariola

    2017-01-01

    Roč. 44, č. 3 (2017), s. 407-434 ISSN 0340-8744 R&D Projects: GA ČR GA15-24642S Institutional support: RVO:67985998 Keywords : EU enlargement * free mobility of workers * migration impacts Subject RIV: AH - Economics OBOR OECD: Applied Economics, Econometrics Impact factor: 0.658, year: 2016

  2. Behavioural Economics, Neuroscience, and the Unfair Commercial Practises Directive

    DEFF Research Database (Denmark)

    Trzaskowski, Jan

    2011-01-01

    This article suggests how and to what extent insights from behavioural economics and neuroscience may be used for the interpretation of the 2005 Unfair Commercial Practices Directive. These disciplines provide useful insight in how the average consumer’s decisions are influenced by commercial...... that courts are to make is normative, and that behavioural economics and neuroscience is of a more descriptive nature. Thus these disciplines may not help draw the fine line between the legitimate influence of commercial activities and the illegal distortion of the average consumer’s behaviour. However...

  3. Economic risk assessment of drought impacts on irrigated agriculture

    Science.gov (United States)

    Lopez-Nicolas, A.; Pulido-Velazquez, M.; Macian-Sorribes, H.

    2017-07-01

    In this paper we present an innovative framework for an economic risk analysis of drought impacts on irrigated agriculture. It consists on the integration of three components: stochastic time series modelling for prediction of inflows and future reservoir storages at the beginning of the irrigation season; statistical regression for the evaluation of water deliveries based on projected inflows and storages; and econometric modelling for economic assessment of the production value of agriculture based on irrigation water deliveries and crop prices. Therefore, the effect of the price volatility can be isolated from the losses due to water scarcity in the assessment of the drought impacts. Monte Carlo simulations are applied to generate probability functions of inflows, which are translated into probabilities of storages, deliveries, and finally, production value of agriculture. The framework also allows the assessment of the value of mitigation measures as reduction of economic losses during droughts. The approach was applied to the Jucar river basin, a complex system affected by multiannual severe droughts, with irrigated agriculture as the main consumptive demand. Probability distributions of deliveries and production value were obtained for each irrigation season. In the majority of the irrigation districts, drought causes a significant economic impact. The increase of crop prices can partially offset the losses from the reduction of production due to water scarcity in some districts. Emergency wells contribute to mitigating the droughts' impacts on the Jucar river system.

  4. Economic impact analysis of load forecasting

    International Nuclear Information System (INIS)

    Ranaweera, D.K.; Karady, G.G.; Farmer, R.G.

    1997-01-01

    Short term load forecasting is an essential function in electric power system operations and planning. Forecasts are needed for a variety of utility activities such as generation scheduling, scheduling of fuel purchases, maintenance scheduling and security analysis. Depending on power system characteristics, significant forecasting errors can lead to either excessively conservative scheduling or very marginal scheduling. Either can induce heavy economic penalties. This paper examines the economic impact of inaccurate load forecasts. Monte Carlo simulations were used to study the effect of different load forecasting accuracy. Investigations into the effect of improving the daily peak load forecasts, effect of different seasons of the year and effect of utilization factors are presented

  5. The Effect of Foreign Direct Investment in Economic Growth from the Perspective of Nonlinear Dynamics

    Directory of Open Access Journals (Sweden)

    Ch. K. Volos

    2015-09-01

    Full Text Available In today’s globalized economy one of the most crucial factors for the economic growth of a country, especially of a developing country, is the foreign direct investment, not only because of the transfer of capital but also of technology. In this work, the effect of foreign direct investments in a county’s economic growth by using tools of nonlinear dynamics is studied. As a model of the economic growth of a country, a well-known nonlinear discrete-time dynamical system, the Logistic map, is used. The system under study consists of two countries with a strong economic relationship. The source country of foreign direct investments is an industrialized, economically powerful and technologically advanced country that makes significant investments in the host country, which is a developing country and strong dependent from the source country. Simulation results of system’s behavior and especially the bifurcation diagrams reveal the strong connection between the countries of the proposed system and the effect of foreign direct investments in the economic growth of the host country.

  6. Economic impact of potential NORM regulations

    International Nuclear Information System (INIS)

    Smith, G.E.; Fitzgibbon, T.; Karp, S.

    1995-01-01

    Oil and gas field wastes and sites contaminated with naturally occurring radioactive materials (NORM) have quickly become a focus of substantial attention by regulators both at the state and federal level. Although currently regulated in a number of states, the Environmental Protection Agency (EPA) has indicated a desire to develop federal regulations to address management and disposal of NORM-contaminated wastes. This paper provides a brief overview of current state NORM regulations, currently available technologies for managing and disposing NORM wastes, and the cost of employing these techniques. Based on these characterizations and alternative assumptions about the volume of NORM wastes, four alternative scenarios have been developed to bracket potential future NORM requirements. These scenarios have been used is the basis for an analysis of the potential economic and supply impacts of NORM requirements on the U.S. oil and gas industry. The results illustrate that a reasonable approach to regulation that focuses only on those NORM wastes that pose a risk and allows producers to use safe, low cost disposal methods (downhole or other) would have minimal economic impacts on the oil and gas industry. A very stringent regulatory approach that covered large volumes of wastes, required the use of higher cost disposal techniques, and required extensive site clean-up activities could have a substantial economic impact, resulting in a loss of up to 20 percent of U.S. oil production and 8 percent of U.S. gas production by 2000. The costs of compliance with these alternative approaches could range from $71 million to over $14 billion annually. Between these two cases lies the opportunity for regulators to develop requirements for management and disposal of NORM wastes that will address any environmental and human health risks posed at industry sites without imposing unnecessarily costly regulations on the U.S. oil and gas E ampersand P industry

  7. Local economic impacts associated with pure taxable capacity changes

    International Nuclear Information System (INIS)

    Bjornstad, D.J.

    1982-01-01

    A fiscal-impact model based on the introduction of a nuclear power plant demonstrates the need to integrate local public-sector impacts with local private-sector impacts when estimating the economic changes a community undergoes in response to a significant exogenous shock. A nuclear plant differs from other electrical generating facilities because siting regulations require locating in a low-population density area where the influence on the community will be substantial. These characteristics approximate the pure fiscal capacity change or pure tax revenue importation concept. Four sections of the paper describe local decision making on taxes, identify the parameters that may shape local impact, analyze indifference curves as they integrate with the local macroeconomic model, and compare data for two communities in which both private and public local economic sectors show stimulation. 12 references, 1 figure

  8. Impacts of Seaport Investment on the Economic Growth

    Directory of Open Access Journals (Sweden)

    Tahar Ammar Jouili

    2016-08-01

    Full Text Available The aim of this paper is to estimate the impact of seaports investment on the economic growth. Seaports are seen by many governments as an important factor in the strengthening of the economies. During the last two decades, the Tunisian succeeding governments have been allocating a great amount of money to develop seaport infrastructures. However, the Tunisian economy witnessed fluctuations in the economic growth rates and decrease in the rate of employment during the same period of time. This study used an econometric model by employing the Cobb-Douglas production function. The sample was composed of Tunisia's economic sectors (manufacturing, services and agriculture over the period 1983-2011. The results of the study show that the public investment in seaport infrastructures has apositive influence on Tunisian economic growth. The study also revealed that the biggest beneficiary from the seaport investment infrastructure is the service sector.This paper aims to estimate the impact of seaports investment on the economic growth. The seaports are seen by many governments as an important factor in the strengthening of the economies. During the last two decades, the Tunisian succeeding governments were allocating a great amount of money to develop seaports' infrastructures. However, the Tunisian economy witnessed fluctuating in the economic growth rates and decreased in the rate of employment during the same period of time. This study used an econometric model by employing the Cobb-Douglas production function. The sample composed of Tunisia's economic sectors (manufacturing, services and agriculture over the period 1983-2011. The results of the study show that the public investment in seaports' infrastructures has a positive influence on Tunisian economic growth. The study also revealed that the biggest beneficiary from the seaports investment infrastructure is the services sector.

  9. Economic Development Impact of 1,000 MW of Wind Energy in Texas

    Energy Technology Data Exchange (ETDEWEB)

    Reategui, S.; Hendrickson, S.

    2011-08-01

    Texas has approximately 9,727 MW of wind energy capacity installed, making it a global leader in installed wind energy. As a result of the significant investment the wind industry has brought to Texas, it is important to better understand the economic development impacts of wind energy in Texas. This report analyzes the jobs and economic impacts of 1,000 MW of wind power generation in the state. The impacts highlighted in this report can be used in policy and planning decisions and can be scaled to get a sense of the economic development opportunities associated with other wind scenarios. This report can also inform stakeholders in other states about the potential economic impacts associated with the development of 1,000 MW of new wind power generation and the relationships of different elements in the state economy.

  10. The economic impact of vocal attrition in public school teachers in Miami-Dade County.

    Science.gov (United States)

    Rosow, David E; Szczupak, Mikhaylo; Saint-Victor, Sandra; Gerhard, Julia D; DuPont, Carl; Lo, Kaming

    2016-03-01

    Teachers are a known at-risk population for voice disorders. The prevalence and risk factors for voice disorders have been well studied in this population, but little is known about the associated economic cost. The purpose of this study is to assess the economic impact of voice dysfunction in teachers and understand the difference between the cost of absenteeism and presenteeism as a direct result of voice dysfunction. Cross-sectional analysis via self-administered online questionnaire. A total of 14,256 public school teachers from Miami-Dade County, Florida, were asked to participate. Questions were formatted based on the previously validated Work Productivity and Activity Impairment: Specific Health Problem questionnaire adapted for hoarseness and voice disorders. Additional demographic questions were included in the questionnaire. A total of 961 questionnaire responses were received. The demographic characteristics of respondents closely matched known statistics for public school teachers in Miami-Dade County. Economic calculations were performed for each questionnaire respondent and summed for all respondents to avoid bias. Per week, absenteeism-related costs were $25,000, whereas presenteeism-related costs were approximately $300,000. These figures were used to extrapolate annual cost. Per year, absenteeism-related costs were $1 million, whereas presenteeism-related costs were approximately $12 million. The economic impact of voice dysfunction on the teaching profession is enormous. With the above calculations only including lost wages and decreased productivity, the actual figures may in fact be larger (cost of substitute teachers, impact on nonwork activities, etc.). Research investigating preventative measures for voice dysfunction in teachers is necessary to reduce this costly issue. 2C. Laryngoscope, 126:665-671, 2016. © 2015 The American Laryngological, Rhinological and Otological Society, Inc.

  11. Economic impact analysis of short line railroads.

    Science.gov (United States)

    2014-10-01

    This research project assesses the economic role and impact of short line railroads in the state of Louisiana. While relatively small in : scope, with 11 operators and approximately 500 miles of track, short line railroads play a significant role in ...

  12. The contribution of foreign direct investment to clean energy use, carbon emissions and economic growth

    International Nuclear Information System (INIS)

    Lee, Jung Wan

    2013-01-01

    The paper investigates the contributions of foreign direct investment (FDI) net inflows to clean energy use, carbon emissions, and economic growth. The paper employs cointegration tests to examine a long-run equilibrium relationship among the variables and fixed effects models to examine the magnitude of FDI contributions to the other variables. The paper analyzes panel data of 19 nations of the G20 from 1971 to 2009. The test results indicate that FDI has played an important role in economic growth for the G20 whereas it limits its impact on an increase in CO 2 emissions in the economies. The research finds no compelling evidence of FDI link with clean energy use. Given the results, the paper discusses FDI's potential role in achieving green growth goals. - Highlights: ► FDI inflows strongly lead to economic growth in the G20. ► FDI inflows lead to an increase in energy use in the G20. ► FDI inflows are in no relation to CO 2 emissions in the G20. ► FDI inflows are in no relation to clean energy use in the G20. ► Economic growth is in negative relation to CO 2 emissions in the G20

  13. Health Economics as Rhetoric: The Limited Impact of Health Economics on Funding Decisions in Four European Countries.

    Science.gov (United States)

    Franken, Margreet; Heintz, Emelie; Gerber-Grote, Andreas; Raftery, James

    2016-12-01

    A response to the challenge of high-cost treatments in health care has been economic evaluation. Cost-effectiveness analysis presented as cost per quality-adjusted life-years gained has been controversial, raising heated support and opposition. To assess the impact of economic evaluation in decisions on what to fund in four European countries and discuss the implications of our findings. We used a protocol to review the key features of the application of economic evaluation in reimbursement decision making in England, Germany, the Netherlands, and Sweden, reporting country-specific highlights. Although the institutions and processes vary by country, health economic evaluation has had limited impact on restricting access of controversial high-cost drugs. Even in those countries that have gone the furthest, ways have been found to avoid refusing to fund high-cost drugs for particular diseases including cancer, multiple sclerosis, and orphan diseases. Economic evaluation may, however, have helped some countries to negotiate price reductions for some drugs. It has also extended to the discussion of clinical effectiveness to include cost. The differences in approaches but similarities in outcomes suggest that health economic evaluation be viewed largely as rhetoric (in D.N. McCloskey's terms in The Rhetoric of Economics, 1985). This is not to imply that economics had no impact: rather that it usually contributed to the discourse in ways that differed by country. The reasons for this no doubt vary by perspective, from political science to ethics. Economic evaluation may have less to do with rationing or denial of medical treatments than to do with expanding the discourse used to discuss such issues. Copyright © 2016 International Society for Pharmacoeconomics and Outcomes Research (ISPOR). Published by Elsevier Inc. All rights reserved.

  14. Economic valuation of the environmental impact of logging residue recovery and nutrient compensation

    International Nuclear Information System (INIS)

    Boerjesson, P.

    2000-01-01

    In this paper, the environmental impact of logging residue recovery (LRR) and nutrient compensation (NC) in Sweden is analysed and evaluated economically. Logging reside recovery and recirculation of wood ash can generate local environmental benefits, such as reduced soil acidification and, primarily in southern Sweden, also improved nitrogen balance and reduced nutrient leaching from forest land. Recovery of residues leads to a slight increase in net emissions of carbon dioxide, compared with on site decomposition, but this increase is small compared with the net emissions of carbon dioxide from fossil fuel cycles. The impact of toxic compounds is estimated to be insignificant, as is that on biodiversity, when current guidelines for forestry management methods are followed. The total cost, including direct costs and environmental costs/benefits, of LRR and NC is estimated to be about 1.1, 3.3 and 4.6 US dollars/GJ in southern, central and northern Sweden, respectively. For comparison, the current direct cost of LRR, excluding NC, is, on average, about 4.0 US dollars/GJ in Sweden. Almost one-third of the Swedish forest fuel potential is estimated to be located in the south, but this potential varies from about 50 to over 100 PJ per year depending on the assumptions made. Thus, when local environmental benefits are also considered, the overall economic benefit derived from the utilisation of forest fuels could increase significantly in southern Sweden, where large quantities of logging residues are available. (author)

  15. Study of the economic and environmental impacts of the research and development program of the Canadian Carbonization Research Association (CCRA)

    International Nuclear Information System (INIS)

    2001-06-01

    A partnership between the Canada Centre for Mineral and Energy Technology (CANMET) Energy Technology Centre (CETC) of Natural Resources Canada (NRCan), and the Canadian coal and steel industries, the Canadian Carbonization Research Association (CCRA) which conducts research and development activities with its partners. This document summarizes the economic and environmental impacts of the research and development program administered by the CCRA. More than 25 research programs have been undertaken by the CCRA since it was established in 1964. The activities dealt with specific technical challenges which the Canadian coal industry faced with regard to the production and marketing of metallurgical coal, as well as the uses of coal and alternative fuels such as natural gas to make coke used in blast furnaces. The report detailed the scope of CETC's energy for high temperature processes, then addressed program resources and study methodology. Three categories of impacts were discussed: general-level impacts, economic and environmental impacts, and quantitative estimates of economic impacts. The attribution of impacts was examined and future directions were examined in the last section of the report. It was determined that CETC participation in the research program is still required, due to the fact that it is Canada's only technical support available to the Canadian coking coal industry. The survival of Canadian coal producers owes something to the economic impacts derived from the CCRA under the current decreasing metallurgical coal prices conditions. 2 tabs

  16. Offshore Wind Jobs and Economic Development Impact: Four Regional Scenarios (Presentation)

    Energy Technology Data Exchange (ETDEWEB)

    Tegen, S.

    2014-11-01

    NREL's Jobs and Economic Development Impact (JEDI) Model for Offshore Wind, is a computer tool for studying the economic impacts of fixed-bottom offshore wind projects in the United States. This presentation provides the results of an analysis of four offshore wind development scenarios in the Southeast Atlantic, Great Lakes, Mid-Atlantic, and Gulf of Mexico regions.

  17. Foreign direct investment and economic growth in Nigeria: a ...

    African Journals Online (AJOL)

    The paper examines the causal relationship between foreign direct investment ( FDI) and economic growth, measured by the gross domestic product (GDP). Augumented Dickey-Fuller (ADF) test was used for the unit root test, Johansen Cointegration test was conducted to establish short and long run relationship between ...

  18. Medical Tourism and Its Implication on Malaysia's Economic Growth

    OpenAIRE

    Tang, Chor Foon

    2015-01-01

    Policymakers in the developed and developing countries already heading toward medical tourism to stimulate economic growth. Nonetheless, the actual impact of medical tourism on economic growth remains ambiguous. Although medical tourism may spur economic growth via its impact on foreign currency earnings, investments, tax revenue, and employment opportunities, it may also leave numerous negative externalities that either direct or indirectly harmful the process of economic growth. Undeniably,...

  19. THE ROLE OF FOREIGN DIRECT INVESTMENT IN SUSTAINING CHINA’S ECONOMIC GROWTH

    Directory of Open Access Journals (Sweden)

    ANA-CRISTINA BÂLGĂR

    2015-12-01

    Full Text Available n over three decades and a half of spectacular economic growth – starting in 1979 with the launch of reform processes and with the dynamic mutations from an autarchic to a global model – the introduction and implementation of the policies targeting the use and attraction of foreign direct investment (FDI represented an exceptionally important stage in China’s history of international “openness,” playing an active role in the promotion, support and enhancement of its economic development. The aim of this article is to outline China’s sinuous investment path, from the autarchic pattern followed by the stage of economic openness characterised by the application of the “open doors” policy and up to the rethinking of the development paradigm and the country’s affirmation on the market as a new powerhouse in the global economy. Our research also aims to outline the implications that all these stages had on China’s current position of world leader in terms of inward FDI. As such, by means of comparative, quantitative and qualitative analyses, we will examine the evolution in time and the external impact of policies regarding the attraction of FDI, as well as the strategy aiming at incentivising Chinese outward investment – a relatively recent phenomenon – and the related support measures, in order to identify the country’s current development stage and its position in the global landscape, as well the possible challenges that China might face in the future.

  20. Health economic choices in old age: interdisciplinary perspectives on economic decisions and the aging mind.

    Science.gov (United States)

    Nielsen, Lisbeth; Phillips, John W R

    2008-01-01

    This chapter offers an integrative review of psychological and neurobiological differences between younger and older adults that might impact economic behavior. Focusing on key health economic challenges facing the elderly, it offers perspectives on how these psychological and neurobiological factors may influence decision-making over the life course and considers future interdisciplinary research directions. We review relevant literature from three domains that are essential for developing a comprehensive science of decision-making and economic behavior in aging (psychology, neuroscience, and economics), consider implications for prescription drug coverage and long-term care (LTC) insurance, and highlight future research directions. Older adults face many complex economic decisions that directly affect their health and well-being, including LTC insurance, prescription drug plans, and end of life care. Economic research suggests that many older Americans are not making cost-effective and economically rational decisions. While economic models provide insight into some of the financial incentives associated with these decisions, they typically do not consider the roles of cognition and affect in decision-making. Research has established that older age is associated with predictable declines in many cognitive functions and evidence is accumulating that distinct social motives and affect-processing profiles emerge in older age. It is unknown how these age differences impact the economic behaviors of older people and implies opportunities for path-breaking interdisciplinary research. Our chapter looks to develop interdisciplinary research to better understand the causes and consequences of age-related changes in economic decision-making and guide interventions to improve public programs and overall social welfare.

  1. Representativeness of different factors affecting the economic impact of mastitis in dairy herds

    Directory of Open Access Journals (Sweden)

    M. A. Lopes

    2017-07-01

    Full Text Available he objective of this study was to identify and quantify the most representative factor affecting the economic impact of mastitis in dairy cattle herds in order to establish those that should receive greater attention from farmers and technicians to reduce the economic impact of this important disease. A simulation study was conducted with the CU$TO MASTITE program, considering 324 different herds and using combinations of the following factors: somatic cell count (250,000; 500,000; 750,000 and 1,000,000 somatic cells/mL milk; production scale (50; 100 and 150 lactating cows; productivity per animal (10; 20 and 30 L/cow/day; average annual incidence of clinical mastitis (1%; 7% and 15%, and involuntary culling rate due to mastitis (2%; 4% and 6%. Preventive measures included expenses with monitoring [culture and antibiogram, bulk tank somatic cell count (BTSCC, and individual somatic cell counts], pre- and post-dipping, vaccination, treatment of dry cows, and maintenance of the milking machine. Only treatments of clinical cases were considered as curative measures. The impact of mastitis was estimated as total losses plus expenses with prevention and treatment of clinical cases. The mean incidence of clinical mastitis (MIM and BTSCC were significant (P<0.05 in five of the seven models analyzed [economic impact per lactating cow (ILC, economic impact per liter of milk (ILM, economic impact of curative treatment per liter of milk (CTM, economic impact of milk disposal/liter of sold milk (IMD, and economic impact of reduction in production per liter of milk (IRM]. However, the standardized coefficient for MIM was higher in three indicators (ILC, IMD and CTM, a fact rendering this factor more representative when compared to BTSCC, which also had five significant indicators. Comparison of the medians of curative treatments and preventive measures per lactating cow revealed an excellent cost/benefit ratio. These findings demonstrate that both

  2. Socio-economic impacts of nuclear generating stations: Oconee case study

    International Nuclear Information System (INIS)

    Flynn, J.

    1982-07-01

    This report documents a case study of the socio-economic impacts of the construction and operation of the Oconee nuclear power stations. It is part of a major post-licensing study of the socio-economic impacts at twelve nuclear power stations. The case study covers the period beginning with the announcement of plans to construct the reactor and ending in the period 1980 to 1981. The case study deals with changes in the economy, population, settlement patterns and housing, local government and public services, social structure, and public response in the study area during the construction/operation of the reactor. A regional modeling approach is used to trace the impact of the construction/operation on the local economy, labor market, and housing market. Emphasis in the study is on the attribution of socio-economic impacts to the reactor or other causal factors. As part of the study of local public response to the construction/operation of the reactor, the effects of the Three Mile Island accident are examined

  3. Socio-economic impacts of nuclear generating stations: Surry case study

    International Nuclear Information System (INIS)

    Flynn, J.

    1982-07-01

    This report documents a case study of the socio-economic impacts of the construction and operation of the Surry nuclear power station. It is part of a major post-licensing study of the socio-economic impacts at twelve nuclear power stations. The case study covers the period beginning with the announcement of plans to construct the reactor and ending in the period 1980 to 1981. The case study deals with changes in the economy, population, settlement patterns and housing, local government and public services, social structure, and public response in the study area during the construction/operation of the reactor. A regional modeling approach is used to trace the impact of the construction/operation on the local economy, labor market, and housing market. Emphasis in the study is on the attribution of socio-economic impacts to the reactor or other causal factors. As part of the study of local public response to the construction/operation of the reactor, the effects of the Three Mile Island accident are examined

  4. Increasing Impact of Economic Conditions upon Higher Education Enrollments.

    Science.gov (United States)

    Rusk, James J.; And Others

    1982-01-01

    To assess the impact of economic conditions on enrollment in higher education, researchers used time series analysis on national data for 1966-78 and on 1972-78 data from all eight regions of the country and the University of Arizona. The findings indicate enrollment has gone up during economic downturns. (Author/RW)

  5. Impact of Currency Devaluation on Economic Growth of Nigeria ...

    African Journals Online (AJOL)

    The primary aim of the study is to estimate the long run relationship between economic growth (RGDP) and currency devaluation. This study investigated the impact of currency devaluation on economic growth of Nigeria. This was achieved through a review of literature and a test of hypothesis. In order to generate the ...

  6. The Socio-economic Impact of Stroke on Households in Livingstone District, Zambia: A Cross-sectional Study.

    Science.gov (United States)

    Mapulanga, M; Nzala, S; Mweemba, C

    2014-07-01

    Stroke is the leading cause of adult disability. Stroke, which affects mostly the productive age group, leaves about 65% of its victims disabled, leads to increased loss of manpower both at individual and national levels. Little is known about the socio-economic burden of the disease in terms of its impacts on the individual, family and community both directly and indirectly in Sub-Sahara Africa region and Zambia at large. The study was aimed at assessing the socio-economic impact of stroke households in Livingstone district, Zambia. A total of 50 households were randomly selected from the registers of Livingstone General Hospital. Self-administered questionnaires and focus group discussions were used to collect quantitative and qualitative data respectively. The data was analyzed using Statistical Package for Social Sciences version 16 (IBM Corporation) and content analysis. Chi-square test was used to make associations between variables. The social impacts on the victim were depression, difficult to get along with, resentfulness, apathy, needy, separation, divorce, general marital problems, neglect on the part of the victim and fear. The economic impacts were loss of employment, reduced business activity and loss of business on the part of the victim. Economic activities such as food provision, payment of school fees, accommodation were affected as a result of stroke and this led to financial insecurities in households with lost incomes in form of salaries and businesses. The activities forgone by stroke households were food provision, housing and education. The study also revealed an association between period of stroke and relationship changes (P < 0.001). Gender and family relationship changes were highly associated (P < 0.00), as more females than males experienced relationship changes. The results of the present study show that stroke has considerable socio-economic impact on households in Livingstone district, which can deter the victims' development as

  7. Welfare Evaluation and the Economic Impacts of Climate Change on ...

    International Development Research Centre (IDRC) Digital Library (Canada)

    Welfare Evaluation and the Economic Impacts of Climate Change on Water Supply ... In a context of positive economic growth, demand for water is expected to ... Socially equitable climate action is essential to strengthen the resilience of all ...

  8. 7. The Socio-Economic Impact of Stroke on

    African Journals Online (AJOL)

    Esem

    2University of Zambia, School of Medicine, Department of Community Medicine, Lusaka. *Corresponding ... Key words: Stroke, household, socio-economic, impact,. Livingstone ..... breakdowns resulting in delinquency, reduced. 21 family ties ...

  9. FOREIGN DIRECT INVESTMENT AND ECONOMIC PROGRESS:APPLICATION OF A DYNAMIC MODEL

    Directory of Open Access Journals (Sweden)

    Cyril A. Ogbokor

    2018-01-01

    Full Text Available Capital movements,whether in the form of foreign direct investment or foreignportfolio investment are considered to have a positive multiplier effect on theeconomy.The study contributes to the empirical literature by investigatingwhether foreign direct investment affects economic growth using Namibia as atest centre.The study made use ofvector autoregression methodto examine thisrelationship.A quarterly data covering 1990:Q1 to 2014:Q4 was employed.Theresults found cointegratingrelationships among the four variables that wereinvestigated. The estimated long-run equation also suggests a positive relationshipamongst the variables that have been examined in the study. Surprisingly, noevidence of causality was found pertaining tothe variables assessed in the study.Moreover, real exchange rate and net foreign direct investment contributed moretowards innovations in economic growth during the forecast horizon compared tothe openness index. The study concludes by crafting opportunities for furtherinquiries.

  10. Social and economic impact of nuclear electricity in Britain

    International Nuclear Information System (INIS)

    White, D.

    1985-01-01

    The paper concerns a study of the social and economic impact of nuclear energy in the U.K., undertaken by an independent writer. Fears and risks; nuclear power is proven; cost comparisons; the nuclear industry; social impact and public relations; are all discussed. (U.K.)

  11. Direct economic burden of hepatitis B virus related diseases: evidence from Shandong, China

    Directory of Open Access Journals (Sweden)

    Lu Jingjing

    2013-01-01

    Full Text Available Abstract Background Although the expenses of liver cirrhosis are covered by a critical illness fund under the current health insurance program in China, the economic burden associated with hepatitis B virus (HBV related diseases is not well addressed. In order to provide evidence to address the economic disease burden of HBV, we conducted a survey to investigate the direct economic burden of acute and chronic hepatitis B, cirrhosis and liver cancer caused by HBV-related disease. Methods From April 2010 to November 2010, we conducted a survey of inpatients with HBV-related diseases and who were hospitalized for seven or more days in one of the seven tertiary and six secondary hospitals in Shandong, China. Patients were recorded consecutively within a three-to-five month time period from each sampled hospital; an in-person survey was conducted to collect demographic and socio-economic information, as well as direct medical and nonmedical expenses during the last month and last year prior to the current hospitalization. Direct medical costs included total outpatient, inpatient, and self-treatment expenditures; direct nonmedical costs included spending on nutritional supplements, transportation, and nursing. Direct medical costs during the current hospitalization were also obtained from the hospital financial database. The direct economic cost was calculated as the sum of direct medical and nonmedical costs. Our results call for the importance of implementing clinical guideline, improving system accountability, and helping secondary and smaller hospitals to improve efficiency. This has important policy implication for the on-going hospital reform in China. Results Our data based on inpatients with HBV-related diseases suggested that the direct cost in US dollars for acute hepatitis B, severe hepatitis B, chronic hepatitis B, compensated cirrhosis, decompensated cirrhosis and primary liver cancer was $2954, $10834, $4552, $7400.28, $6936 and $10635

  12. Direct economic burden of hepatitis B virus related diseases: evidence from Shandong, China.

    Science.gov (United States)

    Lu, Jingjing; Xu, Aiqiang; Wang, Jian; Zhang, Li; Song, Lizhi; Li, Renpeng; Zhang, Shunxiang; Zhuang, Guihua; Lu, Mingshan

    2013-01-31

    Although the expenses of liver cirrhosis are covered by a critical illness fund under the current health insurance program in China, the economic burden associated with hepatitis B virus (HBV) related diseases is not well addressed. In order to provide evidence to address the economic disease burden of HBV, we conducted a survey to investigate the direct economic burden of acute and chronic hepatitis B, cirrhosis and liver cancer caused by HBV-related disease. From April 2010 to November 2010, we conducted a survey of inpatients with HBV-related diseases and who were hospitalized for seven or more days in one of the seven tertiary and six secondary hospitals in Shandong, China. Patients were recorded consecutively within a three-to-five month time period from each sampled hospital; an in-person survey was conducted to collect demographic and socio-economic information, as well as direct medical and nonmedical expenses during the last month and last year prior to the current hospitalization. Direct medical costs included total outpatient, inpatient, and self-treatment expenditures; direct nonmedical costs included spending on nutritional supplements, transportation, and nursing. Direct medical costs during the current hospitalization were also obtained from the hospital financial database. The direct economic cost was calculated as the sum of direct medical and nonmedical costs. Our results call for the importance of implementing clinical guideline, improving system accountability, and helping secondary and smaller hospitals to improve efficiency. This has important policy implication for the on-going hospital reform in China. Our data based on inpatients with HBV-related diseases suggested that the direct cost in US dollars for acute hepatitis B, severe hepatitis B, chronic hepatitis B, compensated cirrhosis, decompensated cirrhosis and primary liver cancer was $2954, $10834, $4552, $7400.28, $6936 and $10635, respectively. These costs ranged from 30.72% (for acute

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

    Science.gov (United States)

    Cobden, David S; Niessen, Louis W; Rutten, Frans Fh; Redekop, W Ken

    2010-09-07

    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. 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. 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. 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 outcomes, and validation of different approaches to modeling adherence, is warranted.

  14. The economic impact of 10CFR61 commonwealth Edison operational perspective

    International Nuclear Information System (INIS)

    Coley, R.F.

    1984-01-01

    The economic impact of implementing 10 CFR Part 20.311 and the applicable sections of 10 CFR Part 61 has been analyzed. Two major influencing factors have been considered - the interpretation applied to certain information provided by the operators of shallow-land disposal sites and the attitude with which the utility company approaches implementation of the rules. The analysis considers the following five general areas of power plant operations: radiochemical analysis, health physics, radioactive waste processing, packaged radioactive waste transportation, and packaged radioactive waste disposal. The economic impact is provided for two different points of view - depending on the results one wants to produce. A comment is also provided concerning the economic impact associated with the continuing implementation of the rules in future years

  15. Backup_of_23. THE SOCIO-ECONOMIC IMPACT OF STROKE ON

    African Journals Online (AJOL)

    Esem

    problems. The study aimed at assessing the socio- economic impact of stroke in households in Livingstone district. A total ... economic challenges after stroke with a few of them were ..... 20 Trainer T, The transition; Getting to a sustainable and.

  16. The economic impact of NASA R and D spending: Executive summary

    Science.gov (United States)

    Evans, M. K.

    1976-01-01

    An evaluation of the economic impact of NASA research and development programs is made. The methodology and the results revolve around the interrelationships existing between the demand and supply effects of increased research and development spending, in particular, NASA research and development spending. The INFORUM Inter-Industry Forecasing Model is used to measure the short-run economic impact of alternative levels of NASA expenditures for 1975. An aggregate production function approach is used to develop the data series necessary to measure the impact of NASA research and development spending, and other determinants of technological progress, on the rate of growth in productivity of the U. S. economy. The measured relationship between NASA research and development spending and technological progress is simulated in the Chase Macroeconometric Model to measure the immediate, intermediate, and long-run economic impact of increased NASA research and development spending over a sustained period.

  17. The impact of physics assumptions on fusion economics

    International Nuclear Information System (INIS)

    Ward, D.; Cook, I.; Knight, P.J.

    2001-01-01

    The development of fusion promises a long term supply of energy with widespread resources and good safety and environmental properties. However the introduction of fusion into the future energy market will rely on the development of an economically viable fusion power plant. Although predictions of the likely cost of electricity produced by a future fusion power plant are uncertain, it is important that an assessment is made to ensure that the likely economics are not unreasonable. In this paper the impact of different physics (and other) constraints on the economics of fusion is considered. Comparison with the expected future cost of electricity from other sources must take account of the trends in the energy market, particularly at present towards sources with low external costs related to impact on human health and the natural environment. Although these costs depend on the country concerned, a range of expected future costs can be derived. Comparison with the expected range of fusion costs shows that fusion can contribute to the future energy market. (author)

  18. The impacts of gaming expansion on economic growth: a theoretical reconsideration.

    Science.gov (United States)

    Li, Guoqiang; Gu, Xinhua; Siu, Ricardo Chi Sen

    2010-06-01

    This paper employs a general equilibrium framework to analyze the effects on economic growth of global expansions in casino gaming, which exports gambling services largely to non-residents. Both domestic and foreign investments in the gaming sector bring in not only substantial revenues but also positive spillover effects on related sectors and even on the entire local economy. However, an over-expansion of commercial gambling may lead to deterioration in the terms of trade with an adverse impact on real income. If this situation persists, it would not be impossible for immiserizing growth to occur. As a highly profitable sector, casino gaming may enable its operators to diversify out of this risk if they invest retained profits in non-gaming sectors to cash in on the spillover effects it has created. The gaming-dominant economy can then be directed on a more balanced and sustainable growth path, and will become less susceptible to business cycles. Indeed, economic experiences in the world's major casino resorts are consistent basically with this argument for diversification. We believe that after the current global crisis fades away, economic growth and resulting surges in global demand for gambling services can provide further opportunities for the expansion of existing casino resorts and the development of new gaming markets.

  19. Economic impacts of Alberta's oil sands, volume 1

    International Nuclear Information System (INIS)

    Timilsina, G.R.; LeBlanc, N.; Walden, T.

    2005-01-01

    In 2004, the international media recognized Alberta's oil sands as part of the global oil reserves, thereby establishing Canada as second to Saudi Arabia as potential oil producing nations. The economic impacts of Alberta's oil sands industry on economies were assessed at regional, provincial and international levels for the 2000 to 2020 period. A customized input-output model was used to assess economic impacts, which were measured in terms of changes in gross domestic product; employment and labour income; and, government revenues. Cumulative impacts on employment by sector and by jurisdiction were also presented. An investment of $100 billion is expected through 2020, resulting in production of crude bitumen and synthetic crude oil outputs valued at about $531 billion. The impact of the oil sands industry on local employment was also evaluated. It was shown that activities in the oil sands industry will lead to significant economic impact in Alberta, Ontario, Quebec and the rest of Canada. Alberta's local economy would be the main beneficiary of oil sands activities with nearly 3.6 million person years employment created in Alberta during the 2000 to 2020. Another 3 million person years employment would be created in other Canadian provinces and outside Canada during the same time period. A sensitivity analysis on the responsiveness to oil prices and the removal of various constraints incorporated in the main analysis was also presented. The federal government will be the largest recipient of revenues generated to to oil sands activities. The results of the study were compared with that of the National Task Force on Oil Sands Strategies. This first volume revealed the results of the study while the second volume includes the data and detailed results. 48 refs., 57 tabs., 28 figs

  20. Analysis of the Impact of External Debt on Economic Growth in an ...

    African Journals Online (AJOL)

    Analysis of the Impact of External Debt on Economic Growth in an Emerging Economy: Evidence from Nigeria. ... African Research Review ... Findings reveal that debt service payment has negative and insignificant impact on Nigeria's economic growth while external debt stock has positive and significant effect on Nigeria's ...

  1. The economic impacts of noxious facilities on wages and property values: An exploratory analysis

    Energy Technology Data Exchange (ETDEWEB)

    Nieves, L.A.; Hemphill, R.C.; Clark, D.E.

    1991-05-01

    Recent assessments of socioeconomic impacts resulting from the location of potentially hazardous facilities have concentrated on the issue of negative public perceptions and their resulting economic consequences. This report presents an analysis designed to answer the question: Can economic impacts resulting from negative perceptions of noxious facilities'' be identified and measured To identify the impacts of negative perceptions, data on noxious facilities sited throughout the United States were compiled, and secondary economic and demographic data sufficient to analyze the economic impacts on the surrounding study areas were assembled. This study uses wage rate and property value differentials to measure impacts on social welfare so that the extent to which noxious facilities and their associated activities have affected surrounding areas can be determined.

  2. The economic impacts of noxious facilities on wages and property values: An exploratory analysis

    Energy Technology Data Exchange (ETDEWEB)

    Nieves, L.A.; Hemphill, R.C.; Clark, D.E.

    1991-05-01

    Recent assessments of socioeconomic impacts resulting from the location of potentially hazardous facilities have concentrated on the issue of negative public perceptions and their resulting economic consequences. This report presents an analysis designed to answer the question: Can economic impacts resulting from negative perceptions of ``noxious facilities`` be identified and measured? To identify the impacts of negative perceptions, data on noxious facilities sited throughout the United States were compiled, and secondary economic and demographic data sufficient to analyze the economic impacts on the surrounding study areas were assembled. This study uses wage rate and property value differentials to measure impacts on social welfare so that the extent to which noxious facilities and their associated activities have affected surrounding areas can be determined.

  3. Factors Influencing Compensation Demanded for Environmental Impacts Generated by Different Economic Activities

    Directory of Open Access Journals (Sweden)

    Virna Vaneza Gutiérrez

    2015-07-01

    Full Text Available This work advances the understanding of compensation demanded for environmental impacts on atmosphere, lakes and rivers, soil, and ocean generated by mining, urban, fishing and agriculture activities. Our aims are to determine whether compensation demanded depends on the standard variables used in the field of risk perception (as perceived risk, public acceptability and trust in regulating authorities, and to explore whether these relationships depend on the environment affected and on the economic activity generating the impacts. General Linear Models were used to analyze survey responses from 427 citizens of Santiago, Chile. Results showed that compensation demanded depends on perceived risk, acceptability, and on the economic activity, but not on the environment affected. Acceptability depends on trust in authorities, on perceived risk and on the economic activity. Perceived risk depends on trust, the economic activity and the environment affected. Overall, environmental impacts from the mining industry are perceived as riskier, less acceptable, and have a higher compensation demanded than those generated by the other sectors. These results suggest that to achieve sustainable development, regulations should consider not only environmental impacts but also the economic activity originating them.

  4. Expanding Local Cancer Clinical Trial Options: Analysis of the Economic Impact of the Midwest Cancer Alliance in Kansas.

    Science.gov (United States)

    Gafford, J Atlee; Gurley-Calvez, Tami; Krebill, Hope; Lai, Sue Min; Christiadi; Doolittle, Gary C

    2017-09-01

    Patients benefit from receiving cancer treatment closer to home when possible and at high-volume regional centers when specialized care is required. The purpose of this analysis was to estimate the economic impact of retaining more patients in-state for cancer clinical trials and care, which might offset some of the costs of establishing broader cancer trial and treatment networks. Kansas Cancer Registry data were used to estimate the number of patients retained in-state for cancer care following the expansion of local cancer clinical trial options through the Midwest Cancer Alliance based at the University of Kansas Medical Center. The 2014 economic impact of this enhanced local clinical trial network was estimated in four parts: Medical spending was estimated on the basis of National Cancer Institute cost-of-care estimates. Household travel cost savings were estimated as the difference between in-state and out-of-state travel costs. Trial-related grant income was calculated from administrative records. Indirect and induced economic benefits to the state were estimated using an economic impact model. The authors estimated that the enhanced local cancer clinical trial network resulted in approximately $6.9 million in additional economic activity in the state in 2014, or $362,000 per patient retained in-state. This estimate includes $3.6 million in direct spending and $3.3 million in indirect economic activity. The enhanced trial network also resulted in 45 additional jobs. Retaining patients in-state for cancer care and clinical trial participation allows patients to remain closer to home for care and enhances the state economy.

  5. Socio-Economic and Environmental Impacts of Mining inBotswana ...

    African Journals Online (AJOL)

    On the basis of the findings, it is recommended that there should be an independent medical health team to carry out health impact research, comprehensive socio-economic and environmental impact assessment of the mine, to initiate regular community and institutional consultations and set up an independent air quality ...

  6. Climate Change, Air Pollution, and the Economics of Health Impacts

    Science.gov (United States)

    Reilly, J.; Yang, T.; Paltsev, S.; Wang, C.; Prinn, R.; Sarofim, M.

    2003-12-01

    Climate change and air pollution are intricately linked. The distinction between greenhouse substances and other air pollutants is resolved at least for the time being in the context of international negotiations on climate policy through the identification of CO2, CH4, N2O, SF6 and the per- and hydro- fluorocarbons as substances targeted for control. Many of the traditional air pollutant emissions including for example CO, NMVOCs, NOx, SO2, aerosols, and NH3 also directly or indirectly affect the radiative balance of the atmosphere. Among both sets of gases are precursors of and contributors to pollutants such as tropopospheric ozone, itself a strong greenhouse gas, particulate matter, and other pollutants that affect human health. Fossil fuel combustion, production, or transportation is a significant source for many of these substances. Climate policy can thus affect traditional air pollution or air pollution policy can affect climate. Health effects of acute or chronic exposure to air pollution include increased asthma, lung cancer, heart disease and bronchitis among others. These, in turn, redirect resources in the economy toward medical expenditures or result in lost labor or non-labor time with consequent effects on economic activity, itself producing a potential feedback on emissions levels. Study of these effects ultimately requires a fully coupled earth system model. Toward that end we develop an approach for introducing air pollution health impacts into the Emissions Prediction and Policy Analysis (EPPA) model, a component of the MIT Integrated Global Systems Model (IGSM) a coupled economics-chemistry-atmosphere-ocean-terrestrial biosphere model of earth systems including an air pollution model resolving the urban scale. This preliminary examination allows us to consider how climate policy affects air pollution and consequent health effects, and to study the potential impacts of air pollution policy on climate. The novel contribution is the effort to

  7. ECONOMIC gROWTH, GLOBALIZATION AND TRADE

    OpenAIRE

    Nuno Carlos LEITÃO

    2012-01-01

    The purpose of this article is to investigate the relationship between economic growth, globalization and trade. The manuscript uses the assumptions of the economic growth exogenous and endogenous models. It introduces new proxies for explain the economic growth as in intra-industry trade, foreign direct investment and globalization index. The results indicate that economic growth is a dynamic process. The intra-industry has a positive impact on economic growth. This paper confirms relevan...

  8. CHINA’S ECONOMIC ACTIVITIES IN AFRICA: TRADE, FOREIGN DIRECT INVESTMENT AND AID

    OpenAIRE

    Michałowski, Tomasz

    2014-01-01

    The paper examines the nature of China’s economic activities in Africa in three dimensions: merchandise trade, foreign direct investment, and aid. These are three main channels through which China’s presence on the continent affects Africa’s economic growth and development. China’s economic relations with Africa are, to a large extent, driven by Chinese demand for natural resources, especially oil and minerals. It is the most visible in Sino-African trade, where fuels alone account for about ...

  9. Changes in taxation and their impact on economic growth in the European Union

    Directory of Open Access Journals (Sweden)

    Irena Szarowská

    2011-01-01

    Full Text Available The aim of the paper is to analyze changes in taxation and their impact on economic growth in the European Union. The analysis is performed on adjusted annual panel data of 24 European Union countries in a period 1995–2008. Panel regression with fixed effects is used as a basic method of research. The panel regression is based on analysis the effect of total tax quota changes on GDP growth in model 1, of changes in its components (social contribution, direct and indirect tax quotas in model 2 and of personal and corporate income tax quota changes in model 3. Results of empirical tests verify statistically significant negative effect of tax burden on GDP growth. Total tax quota increased by 1% decreases the GDP growth rate by 0.29% in the same year. Estimations confirm a statistically significant negative effect of direct taxes on GDP growth as well. A cut in the direct tax quota by 1% raises the GDP growth rate by 0.43%. The model also presents a high negative impact of an increase in the corporate income tax quota on GDP growth (a value of the regression coefficient is minus 1.28%. The effect of social contribution quota on GDP growth is not statistically significant in any estimation.

  10. FOREIGN DIRECT INVESTMENTS – AN ESSENTIAL FACTOR FOR ECONOMIC GROWTH IN TRANSITION ECONOMIES

    Directory of Open Access Journals (Sweden)

    Carmen BOGHEAN

    2015-06-01

    Full Text Available The purpose of this analysis is to analyse the connection between foreign direct investments and economic growth in transition economies during a period of increased integration of financial systems in the global financial system. The research focuses on the relationship between foreign direct investments and economic growth during 1970-2013, by means of methods such as the graphic, the regression and the correlation ones. The research findings show that there is a direct and strong connection between the inward financial flows of foreign direct investments and the GDP during the period under analysis in transition economies. In transition economies, a high inward flow of foreign direct investments leads to an increase of the Gross Domestic Product per capita, while a positive development of the standard of living will attract new inward FDI flows, since transition economies are seen as attractive recipients/hosts for foreign direct investments.

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

    International Nuclear Information System (INIS)

    Maiti, S.K.; Pathak, K.

    1998-01-01

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

  12. Effect of daily milk production on the economic impact of mastitits in cattle herds

    Directory of Open Access Journals (Sweden)

    Fabiana Alves Demeu

    2016-03-01

    Full Text Available The objectives of this study were to analyze and quantify the effect of daily productivity per animal on the economic impact of mastitis in dairy cattle herds. A simulation study was conducted using the CU$TO MASTITE computational program. Dairy herds with an average production of 10, 20 and 30 liters of milk/day were considered. As preventive measures, expenses with mastitis incidence monitoring (culture and antibiogram, somatic cell count in the tank and somatic cells count per animal, pre and post dipping, vaccination, and treatment of dry cows were computed. Treatments of clinical cases, which corresponded to 7% of all lactating cows, were considered as curative measures. The impact of mastitis was estimated as total losses (reduction in production and milk disposal during treatment and antibiotic withdrawal period plus expenses with prevention and treatment of clinical cases. An increase in daily productivity per animal reduced the economic impact of mastitis. Higher productivity was associated with lower economic impact values, per liter of commercialized milk, due to optimization of the products and materials used per animal, reducing operating expenses. The expenses with preventive treatment corresponded to a maximum of 13.5% of economic impact. This percentage was lower than the economic impact of expenses with curative treatment. These results demonstrate the advantages of investing in preventive treatment, which will contribute to reduce the economic impact of mastitis.

  13. Economy Over Security: Why Crises Fail to Impact Economic Behavior in East Asia

    Science.gov (United States)

    2017-12-01

    SECURITY: WHY CRISES FAIL TO IMPACT ECONOMIC BEHAVIOR IN EAST ASIA by Aaron R. Sipos December 2017 Thesis Advisor: Michael Glosny Second...REPORT TYPE AND DATES COVERED Master’s thesis 4. TITLE AND SUBTITLE ECONOMY OVER SECURITY: WHY CRISES FAIL TO IMPACT ECONOMIC BEHAVIOR IN EAST...release. Distribution is unlimited. 12b. DISTRIBUTION CODE 13. ABSTRACT (maximum 200 words) This study examines changes in economic behavior in

  14. Bhakra Beas complex - socio economic and ecological impacts

    International Nuclear Information System (INIS)

    Sukhani, K.T.

    1991-01-01

    Bhakra Beas complex (comprising Bhakra Nangal Project and Beas Project Unit I and II) is one of the major multi-purpose Valley Projects of India. The socio economic and ecological impacts of the project are discussed. (author)

  15. Techno-Economic, Sustainability & Environmental Impact Diagnosis (TESED) Framework

    DEFF Research Database (Denmark)

    Loureiro da Costa Lira Gargalo, Carina; Carvalho, Ana; Matos, Henrique A.

    2014-01-01

    that truly sustainable design alternatives can befound.This work proposes a framework,called ‘Techno-Economic Sustainability Environmental Impact Diagnosis’ (TESED) that allows users to assess chemical/biochemical processes in a product oriented analysis.TESED is asystematic and generic approach that can......Nowadays, companies are looking for new sustainable design alternatives that improve their original processes.To assesst he best designalternative, economic aspects have been the preferred indicators. However, environmental and social concerns should also be included in the decision process so...

  16. The creation of special economic zones in China: Positive and negative impacts in its implementation

    Directory of Open Access Journals (Sweden)

    José Manuel Orozco Plascencia

    2011-08-01

    Full Text Available At the end of seventies, Deng Xioaping, President applied a modernization policy in China, that during more than 30 years allow to reach high economic growth rates above 8% average per year. This reform included the instauration of four Special Economic Zones (SEZ in the southeast of the country, three in Guangdong (Shenzhen, Zhuhai and Shantao and one in Xiamen, Fujian.The purpose of this paper is to analyze the backgrounds of SEZ, the reasons of Chinese Government to implement its and the positive impacts and barriers to become operational.The conclusion in this article is that sez arise like an experiment of the Chinese central government economic policy to apply capitalist measures in design previous regions, the most important benefit has been the strong attraction of Foreing Direct Investment, explained in a surplus trade balance, sustanaible economic growht and technological transference. However, the most significative operational barrier has been the legal rigidity in the imported overseas products, a change of nacional politicideology system and problem asociated with burocracy and corruption.

  17. Environmental economic impact assessment in China: Problems and prospects

    International Nuclear Information System (INIS)

    Lindhjem, Henrik; Hu Tao; Ma Zhong; Skjelvik, John Magne; Song Guojun; Vennemo, Haakon; Wu Jian; Zhang Shiqiu

    2007-01-01

    The use of economic valuation methods to assess environmental impacts of projects and policies has grown considerably in recent years. However, environmental valuation appears to have developed independently of regulations and practice of environmental impact assessment (EIA), despite its potential benefits to the EIA process. Environmental valuation may be useful in judging significance of impacts, determining mitigation level, comparing alternatives and generally enabling a more objective analysis of tradeoffs. In China, laws and regulations require the use of environmental valuation in EIA, but current practice lags far behind. This paper assesses the problems and prospects of introducing environmental valuation into the EIA process in China. We conduct four case studies of environmental economic impact assessment (EEIA), three of which are based on environmental impact statements of construction projects (a power plant, a wastewater treatment plant and a road construction project) and one for a regional pollution problem (wastewater irrigation). The paper demonstrates the potential usefulness of environmental valuation but also discusses several challenges to the introduction and wider use of EEIA, many of which are likely to be of relevance far beyond the Chinese context. The paper closes with suggesting some initial core elements of an EEIA guideline

  18. Recurrent outbreaks of lumpy skin disease and its economic impact ...

    African Journals Online (AJOL)

    Lumpy skin disease (LSD) is an acute, severe and economically important transboundary disease of cattle caused by LSD virus (LSDV). Suspected outbreaks of LSD are frequently reported in Nigeria, but laboratory diagnosis is seldom carried out and the economic impact of the disease is unknown. This study investigated ...

  19. Economic impact of land finance and subsequent risk response

    Institute of Scientific and Technical Information of China (English)

    Lü Wei; Xu Hongwei

    2014-01-01

    In China,land finance is actually an endogenous factor in economic growth.As a kind of nontraditional,informal government revenue in China's economic transition process,land finance is unstable,non-standard and unsustainable,and it simultaneously makes the current land-finance dependent growth mode difficult to maintain.The paper firstly analyzes the impact of the land finance on China's economic growth and economic structure change followed by discussing the possible risks in post-"land finance" period.It then put forward some suggestions to deal with the problem.The analysis shows that land finance exacerbates the economic fluctuation,bringing in the increase of government public expenditure and economic growth in the short term.Nonetheless,in the long term there is no significant effect,and it could gradually lead to a more unreasonable economic structure.In the post-"land finance" period,if we do not take precautions in advance,it will restrain the sustainable development of China's economy and society.

  20. The Impact of Economic Crisis on Happiness

    Science.gov (United States)

    Gudmundsdottir, Dora Gudrun

    2013-01-01

    There is a common belief that economic crisis will lead to a decrease in subjective wellbeing. Previous studies indicate that income is correlated with happiness and unemployment with unhappiness. The relationship between increased income and happiness is well documented while the impact of decreased income has been less explored. The aim of this…

  1. Fiscal loss and program fidelity: impact of the economic downturn on HIV/STI prevention program fidelity.

    Science.gov (United States)

    Catania, Joseph A; Dolcini, M Margaret; Gandelman, Alice A; Narayanan, Vasudha; McKay, Virginia R

    2014-03-01

    The economic downturn of 2007 created significant fiscal losses for public and private agencies conducting behavioral prevention. Such macro-economic changes may influence program implementation and sustainability. We examined how public and private agencies conducting RESPECT, a brief HIV/STI (sexually transmitted infection) counseling and testing intervention, adapted to fiscal loss and how these adaptations impacted program fidelity. We collected qualitative and quantitative data in a national sample of 15 agencies experiencing fiscal loss. Using qualitative analyses, we examined how program fidelity varied with different types of adaptations. Agencies reported three levels of adaptation: agency-level, program-level, and direct fiscal remedies. Private agencies tended to use direct fiscal remedies, which were associated with higher fidelity. Some agency-level adaptations contributed to reductions in procedural fit, leading to negative staff morale and decreased confidence in program effectiveness, which in turn, contributed to poor fidelity. Findings describe a "work stress pathway" that links program fiscal losses to poor staff morale and low program fidelity.

  2. Diversification as the strategic direction of foreign economic activity

    Directory of Open Access Journals (Sweden)

    Yu.I. Dozorova

    2015-12-01

    Full Text Available The issue of diversification, diversification of exports and imports, diversification of foreign trade. Determined the importance of diversification strategy to improve economic performance and proved that diversification allows the flexibility to respond to changing market opportunities and reduce the risks that may occur during production specialization. With the diversification of the company reinforce its competitive position in the market. The concept of diversification is used in the formulation of portfolio strategy as one of the four components, namely a vector or direction of future growth areas of the company. The proposed provisions, by which we can achieve a positive result. Proved that by diversifying, the company improves its economic performance.

  3. The Higher Essence of Economic Convergence Regarding Monetary Impacts

    Directory of Open Access Journals (Sweden)

    Hudec Martin

    2017-06-01

    Full Text Available The increasing pace of achieving socio-economic growth and convergence into developed structures represents the main desire of most countries. Moreover, membership in monetary unions has quite a significant impact on the economies of participating countries, since integration processes have become undoubtedly the undisputed accelerator of convergence and integration catalyst, reflecting on the development of the world economy. The growing intensity of world trade, the ever-deepening division of labor and specialization, international movement of capital and labor mobility as wells as investments into education, research and development, innovations are among the factors that lead to the creation of increasingly closer ties between economies, deepening their mutual dependence, further reflected in knowledge-based societies. Thus, the close ties between national economies themselves represent a further incentive for more intensive cooperation through the different stages of economic integration. International economic integration is an objective to promote a gradual process of linking and connecting existing economic units, i.e. national economies to the greater interconnected units in the global economy. The aim of our research paper, by using the methods of analysis and comparison, is to closely present the issue of monetary integration, focusing on the impact of monetary integration on countries’ economy, resulting in the issue of benefits and costs of the countries’ entry into the monetary union, associated with initial economic shocks.

  4. The economic impacts of Lake States forestry: an input-output study.

    Science.gov (United States)

    Larry Pedersen; Daniel E. Chappelle; David C. Lothner

    1989-01-01

    The report describes 1985 and 1995 levels of forest-related economic activity in the three-state area of Michigan, Minnesota, and Wisconsin, and their impacts on other economic sectors based on a regional input-output model.

  5. Science and the economic crisis impact on science, lessons from science

    CERN Document Server

    Sylos Labini, Francesco

    2016-01-01

    This book not only explores the ways in which the economic crisis and associated austerity policies have adversely impacted the physical and human infrastructure and conduct of scientific research, but also considers how science can help us to understand the crisis and provide original solutions. Starting with a detailed but accessible analysis of the scientific method and the nature of scientific prediction, the book proceeds to address the failure to forecast the economic crisis and the origins of the continuing inertia in economic policy and theory. Attention is drawn in particular to the shortcomings of neoclassical economics in terms of its description of the economic system as being mechanical in nature and characterized by equilibrium. This perspective mirrors the limitations and outdated ideas of nineteenth century physics, which the book contrasts with the insights offered by modern physics. The impact of neoliberal ideologies on scientific research is also discussed in detail, highlighting their sti...

  6. Technical assistance report : I-73 economic impact analysis.

    Science.gov (United States)

    1995-01-01

    This study assessed the probable economic impact of the future Interstate 73 along each of twelve alternative corridors that were proposed for the new highway. The contents of this report were originally distributed in four parts during February and ...

  7. The Impact of Taxation on Economic Growth: Case Study of OECD Countries

    Directory of Open Access Journals (Sweden)

    Macek Rudolf

    2015-01-01

    Full Text Available The aim of this paper is to evaluate the impact of individual types of taxes on the economic growth by utilizing regression analysis on the OECD countries for the period of 2000–2011. The impact of taxation is integrated into growth models by its impact on the individual growth variables, which are capital accumulation and investment, human capital and technology. The analysis in this paper is based on extended neoclassical growth model of Mankiw, Romer and Weil (1992, and for the verification of relation between taxation and economic growth the panel regression method is used. The taxation rate itself is not approximated only by traditional tax quota, which is characteristic by many insufficiencies, but also by the alternative World Tax Index which combines hard and soft data. It is evident from the results of both analyses that corporate taxation followed by personal income taxes and social security contribution are the most harmful for economic growth. Concurrently, in case of the value added tax approximated by tax quota, the negative impact on economic growth was not confirmed, from which it can be concluded that tax quota, in this case as the indicator of taxation, fails. When utilizing World Tax Index, a negative relation between these two variables was confirmed, however, it was the least quantifiable. The impact of property taxes was statistically insignificant. Based on the analysis results it is evident that in effort to stimulate economic growth in OECD countries, economic-politic authorities should lower the corporate taxation and personal income taxes, and the loss of income tax revenues should be compensated by the growth of indirect tax revenues.

  8. The socio-economic impact assessment for nuclear fuel waste disposal

    International Nuclear Information System (INIS)

    Tamm, J.; Wlodarczyk, T.

    1992-01-01

    The concept for disposal of Canada's nuclear fuel waste will undergo public scrutiny as it is examined under the Canadian Environmental Assessment and Review Process (EARP). This process presents a number of challenges in preparing the socio-economic impact assessment (SEIA) component of an Environment Impact Statement. These challenges relate to defining the scope of the SEIA, adapting site-specific methodologies to an assessment of a concept, and addressing evolving public concerns and issues. This paper reports that in meeting these challenges a generic process-oriented SEIA has been developed that emphasizes the importance of defining policies and processes to manage socio-economic impacts. In addition, public involvement and attitude research has facilitated the assessment of the concept at the societal level

  9. Safety and economic impacts of photo radar program.

    Science.gov (United States)

    Chen, Greg

    2005-12-01

    Unsafe speed is one of the major traffic safety challenges facing motorized nations. In 2003, unsafe speed contributed to 31 percent of all fatal collisions, causing a loss of 13,380 lives in the United States alone. The economic impact of speeding is tremendous. According to NHTSA, the cost of unsafe speed related collisions to the American society exceeds 40 billion US dollars per year. In response, automated photo radar speed enforcement programs have been implemented in many countries. This study assesses the economic impacts of a large-scale photo radar program in British Columbia. The knowledge generated from this study could inform policy makers and project managers in making informed decisions with regard to this highly effective and efficient, yet very controversial program. This study establishes speed and safety effects of photo radar programs by summarizing two physical impact investigations in British Columbia. It then conducts a cost-benefit analysis to assess the program's economic impacts. The cost-benefit analysis takes into account both societal and funding agency's perspectives. It includes a comprehensive account of major impacts. It uses willingness to pay principle to value human lives saved and injuries avoided. It incorporates an extended sensitivity analysis to quantify the robustness of base case conclusions. The study reveals an annual net benefit of approximately 114 million in year 2001 Canadian dollars to British Columbians. The study also finds a net annual saving of over 38 million Canadian dollars for the Insurance Corporation of British Columbia (ICBC) that funded the program. These results are robust under almost all alternative scenarios tested. The only circumstance under which the net benefit of the program turns negative is when the real safety effects were one standard deviation below the estimated values, which is possible but highly unlikely. Automated photo radar traffic safety enforcement can be an effective and efficient

  10. THE IMPACT OF MICROFINANCE INSTITUTION IN ECONOMIC ...

    African Journals Online (AJOL)

    CIU

    has a significant impact on economic performance in Nigeria in the long run. Although ... 70% of adults live in rural areas with 51% male and 49% female. ... services that will enable them start up or run business ventures of their choice . In this ... Accordingto Ademola & Arogundade (2014), credit delivery is one of the most.

  11. Socio-economic impacts of nuclear generating stations: Calvert Cliffs case study

    International Nuclear Information System (INIS)

    Flynn, J.

    1982-07-01

    This report documents a case study of the socio-economic impacts of the construction and operation of the Calvert Cliffs nuclear power station. It is part of a major post-licensing study of the socio-economic impacts at twelve nuclear power stations. The case study covers the period beginning with the announcement of plans to construct the reactor and ending in the period 1980 to 1981. The case study deals with changes in the economy, population, settlement patterns and housing, local government and public services, social structure, and public response in the study area during the construction/operation of the reactor. A regional modeling approach is used to trace the impact of construction/operation on the local economy, labor market, and housing market. Emphasis in the study is on the attribution of socio-economic impacts to the reactor or other causal factors. As part of the study of local public response to the construction/operation of the reactor, the effects of the Three Mile Island accident are examined

  12. Socio-economic impacts of nuclear generating stations: Rancho Seco case study

    International Nuclear Information System (INIS)

    Bergmann, P.A.

    1982-07-01

    This report documents a case study of the socio-economic impacts of the construction and operation of the Rancho Seco nuclear power station. It is part of a major post-licensing study of the socio-economic impacts at twelve nuclear power stations. The case study covers the period beginning with the announcement of plans to construct the reactor and ending in the period 1980 to 1981. The case study deals with changes in the economy, population, settlement patterns and housing, local government and public services, social structure, and public response in the study area during the construction/operation of the reactor. A regional modeling approach is used to trace the impact of the construction/operation on the local economy, labor market, and housing market. Emphasis in the study is on the attribution of socio-economic impacts to the reactor or other causal factors. As part of the study of local public response to the construction/operation of the reactor, the effects of the Three Mile Island accident are examined

  13. Socio-economic impacts of nuclear generating stations: Peach Bottom case study

    International Nuclear Information System (INIS)

    Pijawka, K.D.

    1982-07-01

    This report documents a case study of the socio-economic impacts of the construction and operation of the Peach Bottom nuclear power station. It is part of a major post-licensing study of the socio-economic impacts at twelve nuclear power stations. The case study covers the period beginning with the announcement of plans to construct the reactor and ending in the period 1980 to 1981. The case study deals with changes in the economy, population, settlement patterns and housing, local government and public services, social structure, and public response in the study area during the construction/operation of the reactor. A regional modeling approach is used to trace the impact of the construction/operation on the local economy, labor market, and housing market. Emphasis in the study is on the attribution of socio-economic impacts to the reactor or other causal factors. As part of the study of local public response to the construction/operation of the reactor, the effects of the Three Mile Island accident are examined

  14. Smallholder adoption and economic impacts of tissue culture ...

    African Journals Online (AJOL)

    PRECIOUS

    2009-12-01

    Dec 1, 2009 ... ISSN 1684–5315 © 2009 Academic Journals. Full Length ... Key words: Biotechnology, adoption, tissue culture bananas, Kenya. INTRODUCTION ... Recent studies about the agronomic and economic impacts of biotech- ..... accused scientist for 'playing God', others have supported biotechnologies.

  15. Quantifying the impact of exogenous non-economic factors on UK transport oil demand

    International Nuclear Information System (INIS)

    Broadstock, David C.; Hunt, Lester C.

    2010-01-01

    This paper attempts to quantify the impact of exogenous non-economic factors on UK transport oil demand (in addition to income, price, and fuel efficiency) by estimating the demand relationship for oil transport for 1960-2007 using the structural time series model. From this, the relative impact on UK transport oil demand from income, price, and efficiency are quantified. Moreover, the relative impact of the non-economic factors is also quantified, based on the premise that the estimated stochastic trend represents behavioural responses to changes in socio-economic factors and changes in lifestyles and attitudes. The estimated elasticities for income, price and efficiency are 0.6, -0.1, and -0.3, respectively, and it is shown that for efficiency and price the overall contribution is relatively small, whereas the contribution from income and non-economic factors is relatively large. This has important implications for policy makers keen to reduce transport oil consumption and associated emissions, but not willing to reduce the trend rate of economic growth. Taxes and improved efficiency only have a limited impact; hence, a major thrust of policy should perhaps be on educating and informing consumers to persuade them to change their lifestyle and attitudes and thus reduce their consumption through the non-economic instruments route.

  16. Quantifying the impact of exogenous non-economic factors on UK transport oil demand

    Energy Technology Data Exchange (ETDEWEB)

    Broadstock, David C.; Hunt, Lester C. [Surrey Energy Economics Centre (SEEC) and Research Group on Lifestyles Values and Environment (RESOLVE), Department of Economics, University of Surrey, Guildford, Surrey GU2 7XH (United Kingdom)

    2010-03-15

    This paper attempts to quantify the impact of exogenous non-economic factors on UK transport oil demand (in addition to income, price, and fuel efficiency) by estimating the demand relationship for oil transport for 1960-2007 using the structural time series model. From this, the relative impact on UK transport oil demand from income, price, and efficiency are quantified. Moreover, the relative impact of the non-economic factors is also quantified, based on the premise that the estimated stochastic trend represents behavioural responses to changes in socio-economic factors and changes in lifestyles and attitudes. The estimated elasticities for income, price and efficiency are 0.6, -0.1, and -0.3, respectively, and it is shown that for efficiency and price the overall contribution is relatively small, whereas the contribution from income and non-economic factors is relatively large. This has important implications for policy makers keen to reduce transport oil consumption and associated emissions, but not willing to reduce the trend rate of economic growth. Taxes and improved efficiency only have a limited impact; hence, a major thrust of policy should perhaps be on educating and informing consumers to persuade them to change their lifestyle and attitudes and thus reduce their consumption through the non-economic instruments route. (author)

  17. ECONOMIC IMPACT OF CALF MORTALITY ON DAIRY FARMS IN KUWAIT

    Directory of Open Access Journals (Sweden)

    M. A. RAZZAQUE, M. BEDAIR, S. ABBAS AND T. AL-MUTAWA

    2009-07-01

    Full Text Available Objective of this study was to investigate the economic impact of mortality of pre-weaned calves on dairy cattle enterprise in Kuwait. Cost/benefit analysis model was applied to two different situations: in the first situation, a baseline scenario, field survey data without intervention using 1,280 newborn calves was used in first calving season. In the second situation, the intervention scenario (improved management, 665 newborn calves were used in second calving season during the following year. Calving seasons extended for 7 months from September to March. Calf performance studies were conducted from birth to weaning. Economic model was constructed on Microsoft Excel and used to evaluate the impact of calf mortality on calf enterprise. Results showed that gross margins increased from 13 to 35% as a result of implementation of intervention measures during the second calving season over baseline scenario. A significant correlation between increased veterinary expenses and an increase in revenues (r2 = 0.65, P<0.05 was observed. If the intervention measures such as colostrum feeding, nutrition and hygiene had not been implemented, the farms would have lose income from 12 to 51% of the gross revenues. Net income was influenced by costs of feeds, veterinary services and laborers. Discounted cash flow studies on a whole farm basis revealed that the impact of interventions was small (0-3%. Calf mortality could not be isolated from whole farm for assessing its impact on dairy farm economics. Economic studies demonstrated the cost/benefits of using the improved techniques of calf rearing.

  18. Soybean Trade: Balancing Environmental and Socio-Economic Impacts of an Intercontinental Market.

    Science.gov (United States)

    Boerema, Annelies; Peeters, Alain; Swolfs, Sanne; Vandevenne, Floor; Jacobs, Sander; Staes, Jan; Meire, Patrick

    2016-01-01

    The trade in soybean, an important animal feed product, exemplifies the environmental and socio-economic impact of global markets and global agricultural policy. This paper analyses the impact of increasing production of soybean in the exporting countries (deforestation and grassland conversion) as well as in importing regions (decrease in permanent grassland by substitution of grass as feed). Ecosystem services monetary values were used to calculate the environmental and socio-economic impact of observed land use changes. This is balanced against the economic value of the global soybean trade. The results prove that consumption choices in one region have real effects on the supply of ecosystem services at a large spatial scale. Conclusively, solutions to make this global market more sustainable are discussed.

  19. Soybean Trade: Balancing Environmental and Socio-Economic Impacts of an Intercontinental Market.

    Directory of Open Access Journals (Sweden)

    Annelies Boerema

    Full Text Available The trade in soybean, an important animal feed product, exemplifies the environmental and socio-economic impact of global markets and global agricultural policy. This paper analyses the impact of increasing production of soybean in the exporting countries (deforestation and grassland conversion as well as in importing regions (decrease in permanent grassland by substitution of grass as feed. Ecosystem services monetary values were used to calculate the environmental and socio-economic impact of observed land use changes. This is balanced against the economic value of the global soybean trade. The results prove that consumption choices in one region have real effects on the supply of ecosystem services at a large spatial scale. Conclusively, solutions to make this global market more sustainable are discussed.

  20. Economic Impact of Pacific Northwest National Laboratory on the State of Washington in Fiscal Year 2013

    Energy Technology Data Exchange (ETDEWEB)

    Scott, Michael J. [Pacific Northwest National Lab. (PNNL), Richland, WA (United States); Niemeyer, Jackie M. [Pacific Northwest National Lab. (PNNL), Richland, WA (United States)

    2014-12-01

    Pacific Northwest National Laboratory (PNNL) is a large economic entity, with $1.06 billion in annual funding, $936 million in total spending, and 4,344 employees in fiscal year (FY) 2013. Four thousand, one hundred and one (4,101) employees live in Washington State. The Laboratory directly and indirectly supports almost $1.31 billion in economic output, 6,802 jobs, and $514 million in Washington State wage income from current operations. The state also gains more than $1.21 billion in output, more than 6,400 jobs, and $459 million in income through closely related economic activities, such as visitors, health care spending, spending by resident retirees, and spinoff companies. PNNL affects Washington’s economy through commonly recognized economic channels, including spending on payrolls and other goods and services that support Laboratory operations. Less-commonly recognized channels also have their own impacts and include company-supported spending on health care for its staff members and retirees, spending of its resident retirees, Laboratory visitor spending, and the economic activities in a growing constellation of “spinoff” companies founded on PNNL research, technology, and managerial expertise. PNNL also has a significant impact on science and technology education and community nonprofit organizations. PNNL is an active participant in the future scientific enterprise in Washington with the state’s K-12 schools, colleges, and universities. The Laboratory sends staff members to the classroom and brings hundreds of students to the PNNL campus to help train the next generation of scientists, engineers, mathematicians, and technicians. This investment in human capital, though difficult to measure in terms of current dollars of economic output, is among the important lasting legacies of the Laboratory. Finally, PNNL contributes to the local community with millions of dollars’ worth of cash and in-kind corporate and staff contributions, all of which

  1. AASA Survey: Impact of the Economic Downturn on School Jobs

    Science.gov (United States)

    AASA, The School Superintendent's Association, 2009

    2009-01-01

    As part of an ongoing effort to gauge how school districts across the country are responding to the current economic downturn, the American Association of School Administrators (AASA) continues to assess various measures of economic impact. Earlier AASA surveys addressed trends in districts' initial responses to the downturn, districts'…

  2. The Impact of Education Investment on Sri Lankan Economic Growth

    Science.gov (United States)

    Ganegodage, K. Renuka; Rambaldi, Alicia N.

    2011-01-01

    We evaluate the contribution of investment on education to Sri Lanka's economic growth during the period 1959-2008. Physical capital, economic policy changes and the ethnic war are also evaluated due to their substantial importance. This study uses a framework encompassing both the neoclassical and endogenous growth model. The impact of education…

  3. The economic and financial crisis: impacts on energy balances and prices

    International Nuclear Information System (INIS)

    Hyafil, Antoine

    2009-01-01

    The current economic crisis finds its origin in the existence of a global market for human capital, without unified prices: the development of a debt economy in Western countries can be regarded as an attempt to maintain economic growth in spite of the resulting pressure on labor wages. While the sub-prime crisis has shown the limits of such an attempt, the author believes that debt driven economic growth will continue to prevail in Western countries until price imbalances on the global market for human capital are resolved. This probably implies a substitution of public to private debt, and of private consumption to public investment with the resulting implications on public deficits, supply and demand, and relative prices. Energy prices will be sensitive to public spending's both mechanical impact on economic growth and qualitative impact on energy efficiency

  4. Global-, Regional-, and Country-Level Economic Impacts of Dental Diseases in 2015.

    Science.gov (United States)

    Righolt, A J; Jevdjevic, M; Marcenes, W; Listl, S

    2018-05-01

    Up-to-date information about the economic impact of dental diseases is essential for health care decision makers when seeking to make rational use of available resources. The purpose of this study was to provide up-to-date estimates for dental expenditures (direct costs) and productivity losses (indirect costs) due to dental diseases on the global, regional, and country level. Direct costs of dental diseases were estimated using a previously established systematic approach; indirect costs were estimated using an approach developed by the World Health Organization Commission on Macroeconomics and Health and factoring in 2015 values for gross domestic product and disability-adjusted life years from the Global Burden of Disease Study. The estimated direct costs of dental diseases amounted to $356.80 billion and indirect costs were estimated at $187.61 billion, totaling worldwide costs due to dental diseases of $544.41 billion in 2015. After adjustment for purchasing power parity, the highest levels of per capita dental expenditures were found for High-Income North America, Australasia, Western Europe, High-Income Asia Pacific, and East Asia; the highest levels of per capita productivity losses were found for Western Europe, Australasia, High-Income North America, High-Income Asia Pacific, and Central Europe. Severe tooth loss was found to imply 67% of global productivity losses due to dental diseases, followed by severe periodontitis (21%) and untreated caries (12%). From an economic perspective, improvements in population oral health may be highly beneficial and could contribute to further increases in people's well-being given available resources.

  5. Green Jobs in Tennessee: Economic Impact of Green Investments

    OpenAIRE

    Murat Arik

    2011-01-01

    The term green jobs has been widely used to describe jobs in businesses that are particularly related to renewable energy, energy efficiency, or environmental sustainability. The Business and Economic Research Center has partnered with the Tennessee Department of Labor and Workforce Development to estimate the economic impact of six ground-breaking green investments in Tennessee: Hemlock Semiconductor, Wacker Chemie AG, Volkswagen, Nissan Leaf and Storage Battery Manufacturing, Tennessee Sola...

  6. Economic impact assessment of invasive plant pests in the European Union

    NARCIS (Netherlands)

    Soliman, T.A.A.

    2012-01-01

    According to the International Plant Protection Convention (IPPC) and the Agreement on the Application of Sanitary and Phytosanitary measures (SPS Agreement) of the World Trade Organization (WTO), phytosanitary measures should be economically justifiable. The economic impact assessments within a

  7. Conversion to organic wine production: exploring the economic performance impacts

    OpenAIRE

    Nisén, Pia

    2014-01-01

    This study focuses on understanding the relationship between organic wine production and economic performance. The aim of this study is to clarify, what are the economic impacts that result from the conversion of wine production from conventional to organic. This is an interesting topic to be explored in more detail because despite the increasing demand of organic wine and share of vineyard area used for organic winemaking, the economic consequences of the conversion are still somewhat unclea...

  8. The South African tax mix and economic growth

    OpenAIRE

    AH de Wet; NJ Schoeman; SF Koch

    2014-01-01

    The research reported in this paper suggests that government fiscal policy can influence economic growth through alterations in the tax mix and the overall size of government spending.   The authors estimate the impact on economic growth of changes in fiscal policy via government expenditure, direct taxation and indirect taxation.  The results show that economic growth is negatively affected by increases in the size of government, as reflected in its expenditures and direct tax revenues, alth...

  9. Economic impact of dengue illness and the cost-effectiveness of future vaccination programs in Singapore.

    Directory of Open Access Journals (Sweden)

    Luis R Carrasco

    2011-12-01

    Full Text Available BACKGROUND: Dengue illness causes 50-100 million infections worldwide and threatens 2.5 billion people in the tropical and subtropical regions. Little is known about the disease burden and economic impact of dengue in higher resourced countries or the cost-effectiveness of potential dengue vaccines in such settings. METHODS AND FINDINGS: We estimate the direct and indirect costs of dengue from hospitalized and ambulatory cases in Singapore. We consider inter alia the impacts of dengue on the economy using the human-capital and the friction cost methods. Disease burden was estimated using disability-adjusted life years (DALYs and the cost-effectiveness of a potential vaccine program was evaluated. The average economic impact of dengue illness in Singapore from 2000 to 2009 in constant 2010 US$ ranged between $0.85 billion and $1.15 billion, of which control costs constitute 42%-59%. Using empirically derived disability weights, we estimated an annual average disease burden of 9-14 DALYs per 100 000 habitants, making it comparable to diseases such as hepatitis B or syphilis. The proportion of symptomatic dengue cases detected by the national surveillance system was estimated to be low, and to decrease with age. Under population projections by the United Nations, the price per dose threshold for which vaccines stop being more cost-effective than the current vector control program ranged from $50 for mass vaccination requiring 3 doses and only conferring 10 years of immunity to $300 for vaccination requiring 2 doses and conferring lifetime immunity. The thresholds for these vaccine programs to not be cost-effective for Singapore were $100 and $500 per dose respectively. CONCLUSIONS: Dengue illness presents a serious economic and disease burden in Singapore. Dengue vaccines are expected to be cost-effective if reasonably low prices are adopted and will help to reduce the economic and disease burden of dengue in Singapore substantially.

  10. Economic Impacts of Future Changes in the Energy System - Global Perspectives

    DEFF Research Database (Denmark)

    Glynn, James; Fortes, Patrícia; Krook-Riekkola, Anna

    2015-01-01

    climate change. This chapter summarises modelling methodologies developed in the ETSAP community to assess economic impacts of decarbonising energy systems at a global level. The next chapter of this book focuses on a national perspective. The range of economic impacts is regionally dependent upon...... the stage of economic development, the level of industrialisation, energy intensity of exports, and competition effects due to rates of relative decarbonisation. Developed nation’s decarbonisation targets are estimated to result in a manageable GDP loss in the region of 2 % by 2050. Energy intensive export...... driven developing countries such as China and India, and fossil fuel exporting nations can expect significantly higher GDP loss of up to 5 % GDP per year by mid-century....

  11. Impact of the Serbian Banking Regulatory Framework Development on the Economic Growth of Serbia

    Directory of Open Access Journals (Sweden)

    Nenad Milojević

    2013-04-01

    Full Text Available The dynamic relationship between the banking regulatory framework and Basel capital standards, on the one side and economic growth and other macroeconomic indicators on the other side, attracts international academic and business circles for many years. Perceived from the Serbian perspective, the impact of the banking regulation development, or the Basel standards application, on economic growth is one of the most actual issues, especially since Serbia starting from December 31st 2011, began the Basel II application. The fact that the National Bank of Serbia and the Serbian commercial banks, gradually directed attention to more actual Basel III standard, further increasing the importance of the topic that this paper will be addressed. Quantitative and qualitative analyzes that were performed during the research presented in this paper indicate a significant potential for further positive effects, including economic growth, due to the implementation of Basel standards in Serbia. Positive results of application largely depend on adequate preparation, analysis and actions of all relevant parties in Basel standards implementation.

  12. Potential economic impacts of achieving good environmental status in Black Sea fisheries

    Directory of Open Access Journals (Sweden)

    Ian C. Goulding

    2014-09-01

    Full Text Available The Marine Strategy Framework Directive (MSFD mandates that European Union (EU member states achieve Good Environmental Status (GEnS based on an ecosystem-based approach to management. For commercial fisheries, the primary target under the MSFD is one of maximum sustainable yield. Of Black Sea riparian nations, only Romania and Bulgaria are EU member states. Focusing at the supranational level, we review institutions and instruments relevant to management of the Black Sea. The economic values of current fish catches are assessed, and the results of a recent analytical assessment of fish stocks are used to estimate potential future values based on maximum sustainable yields. In the Black Sea region, despite long-standing attempts to improve fisheries management, there remains a lack of effective regional cooperation. Evidence from the scenario analysis suggests that achieving GEnS would not have an undue negative impact on overall fishery sector incomes, and could, with appropriate investments in processing and marketing, deliver increased economic benefits for Black Sea countries. The ongoing policy debate between and within Black Sea coastal states needs to be extended to include recognition of the potential economic and social benefits of effective fisheries management. More work is required to assess returns on investment in interim management measures to deliver GEnS.

  13. Economic Impact of Pacific Northwest National Laboratory on the State of Washington in Fiscal Year 2014

    Energy Technology Data Exchange (ETDEWEB)

    Scott, Michael J.; Niemeyer, Jackie M.

    2015-11-09

    PNNL is a large economic entity with a total of 4,308 employees, $939 million (M) in total funding, and $1.02 billion (B) in total spending during FY 2014. The number of employees that live in Washington State is 4,026 or 93 percent of the Laboratory staff. he Laboratory directly and indirectly supported $1.45 billion in economic output, 6,832 jobs, and $517 million in Washington State wage income from current operations. The state also gained more than $1.19 billion in output, over 6,200 jobs, and $444 million in income through closely related economic activities such as visitors, health care spending, spending by resident retirees, and spinoff companies. PNNL affects Washington’s economy through commonly recognized economic channels, including spending on payrolls and other goods and services that support Laboratory operations. Less commonly recognized channels also have their own impacts and include company-supported spending on health care for its staff members and retirees, spending of its resident retirees, Laboratory visitor spending, and the economic activities in a growing constellation of “spinoff” companies founded on PNNL research, technology, and managerial expertise. PNNL also has a significant impact on science and technology education and community not-for-profit organizations. PNNL is an active participant in the future scientific enterprise in Washington with the state’s K-12 schools, colleges, and universities. The Laboratory sends staff members to the classroom and brings hundreds of students to the PNNL campus to help train the next generation of scientists, engineers, mathematicians, and technicians. This investment in human capital, though difficult to measure in terms of current dollars of economic output, is among the important lasting legacies of the Laboratory. Finally, PNNL contributes to the local community with millions of dollars’ worth of cash and in-kind corporate and staff contributions, all of which strengthen the

  14. The Impact of Public Spending on Regional Economic Dynamics

    Directory of Open Access Journals (Sweden)

    Henry Antonio Mendoza Tolosa

    2014-01-01

    Full Text Available The impact that public spending and investment have upon economic growth in the departments of Colombia is examined using the results of national accounts for the years 2000-2011. Figures for departmental production by activity, along with change over the period and information for the gross public capital are brought together to create a statistical model to assess effects. A data panel model is chosen to relate the existing differences between departments and compare the impact of spending and investment between departments using the available information. Results indicate that public spending and investment play an important role in departmental economic dynamic and that its effect is greater in larger and wealthier departments.

  15. Economic impact of primary open-angle glaucoma in Australia.

    Science.gov (United States)

    Dirani, Mohamed; Crowston, Jonathan G; Taylor, Penny S; Moore, Peter T; Rogers, Sophie; Pezzullo, M Lynne; Keeffe, Jill E; Taylor, Hugh R

    2011-01-01

    Glaucoma is the World's leading cause of irreversible blindness, and poses serious public health and economic concerns.   Review. Published randomized trials and population-based studies since 1985. We report the economic impact of primary open-angle glaucoma and model the effect of changes in detection rates and management strategies. The cost-effectiveness of different interventions to prevent vision loss from primary open-angle glaucoma was measured in terms of financial cost (Australian dollars) and disability-adjusted life years. The prevalence of glaucoma in Australia is expected to increase from 208 000 in 2005 to 379 000 in 2025 because of the aging population. Health system costs over the same time period are estimated to increase from $AU355 million to $AU784 million. Total costs (health system costs, indirect costs and costs of loss of well-being) will increase from $AU1.9 billion to $AU4.3 billion in Australia. Primary open-angle glaucoma poses a significant economic burden, which will increase substantially by 2025. This dynamic model provides a valuable tool for ongoing policy formulation and determining the economic impact of interventions to better prevent visual impairment and blindness from glaucoma. © 2011 The Authors. Clinical and Experimental Ophthalmology © 2011 Royal Australian and New Zealand College of Ophthalmologists.

  16. The Impact of Economic Agents Perceptions on Stock Price Volatility

    Directory of Open Access Journals (Sweden)

    Jaroslav Bukovina

    2015-01-01

    Full Text Available This paper studies perceptions of economic subjects and its impact on stock prices. Perceptions are represented by stock market indexes and Facebook activity. The contribution of this paper is twofold. In the first place, this paper analyzes the unique data of Facebook activity and proposes the methodology for employment of social networks as a proxy variable which represents the perceptions of information in society related to the specific company. The second contribution is the proposal of potential link between social network principles and theories of behavioral economics. Overall, the author finds the negative impact of Facebook activity on stock prices and the positive impact of stock market indices. The author points the implications of findings to protection of company reputation and to investment strategy based on the existence of undervalued stocks.

  17. A Framework for Assessing the Social and Economic Impact of Sustainable Investments

    Directory of Open Access Journals (Sweden)

    Räikkönen Minna

    2016-09-01

    Full Text Available Investments towards sustainable development are vital for the future and they must be carefully planned to deliver immediate and long-term benefits. Hence, the ability to communicate the forms of impact of sustainable investments to local societies, people, investors and other stakeholders can provide a competitive advantage. However, the assessments are often under pressure to demonstrate short-term effects rather than emphasise the long-term impact. In addition, indirect and intangible forms of impacts should not be measured solely in economic terms. This paper proposes an assessment framework to support the integrated economic and social impact assessment of sustainable investments aimed at improving physical and socio-economic wellbeing. The framework is demonstrated in two case studies: new construction and renovation investments in affordable housing and social impact investment in sustainable development. The investments in the case studies are evaluated, selected and prioritized not only in terms of money but also with regard to sustainability, social acceptability and their overall impact on society, as a whole. The results indicate that a systematic integrated assessment of monetary and non-monetary factors can be successfully combined with the sustainable development decisions.

  18. The socio-economic impacts of Singaporean cross-border tourism in Malaysia and Indonesia

    OpenAIRE

    Hampton, Mark P.

    2009-01-01

    Cross-border tourism is often proposed by governments as an incentive for economic growth, but critics have suggested that its impacts are, in fact, overplayed. This paper\\ud presents research in the Indonesia-Malaysia-Singapore Growth Triangle. It presents a study of Singaporean cross-border tourism to its neighbours and discusses its\\ud economic impacts in two locations: Kukup, a traditional fishing village in Malaysia; and Bintan island in Indonesia. The project examined the broad economic...

  19. Directions of sustained economic growth of the Russian Federation

    Directory of Open Access Journals (Sweden)

    Savchenko Irina Petrovna

    2015-04-01

    Full Text Available In this article we’ll consider the innovative activity of company, distinguish the components preventing the introduction of innovations and investigate the main approaches to the formation of innovative development of organization in terms of economic and technological aspects. Relying on the marked-out features of introduction of technological innovations by the domestic enterprises, the directions of their development and use are proved.

  20. Broad economic impact of nuclear power

    International Nuclear Information System (INIS)

    1992-01-01

    The decision to adopt, expand or reject a nuclear programme has implications that go beyond economic considerations limited to the cost of electricity produced. This report attempts to illustrate the treatment of macroeconomic factors in the decision-making process of various countries, and discusses the macroeconomic impacts of nuclear power, such as employment, balance of payments, security of supply, as well as environmental, health and socio-cultural issues. 274 refs., 14 figs., 14 tabs., 9 appendices

  1. The economic impact of military expenditures

    OpenAIRE

    Landau, Daniel

    1993-01-01

    The author addresses three questions about military spending in developing countries: What are the levels of (and trends in) military spending as a percentage of gross national product? What impact does peacetime military spending have on growth, government spending on social welfare and infrastructure, and other key economic variables? What major factors influence the level of military spending? The author finds that military spending as a share of GNP generally fell in the 1980s, even in th...

  2. Socio-economic Impact Analysis for Near Real-Time Flood Detection in the Lower Mekong River Basin

    Science.gov (United States)

    Oddo, P.; Ahamed, A.; Bolten, J. D.

    2017-12-01

    Flood events pose a severe threat to communities in the Lower Mekong River Basin. The combination of population growth, urbanization, and economic development exacerbate the impacts of these flood events. Flood damage assessments are frequently used to quantify the economic losses in the wake of storms. These assessments are critical for understanding the effects of flooding on the local population, and for informing decision-makers about future risks. Remote sensing systems provide a valuable tool for monitoring flood conditions and assessing their severity more rapidly than traditional post-event evaluations. The frequency and severity of extreme flood events are projected to increase, further illustrating the need for improved flood monitoring and impact analysis. In this study we implement a socio-economic damage model into a decision support tool with near real-time flood detection capabilities (NASA's Project Mekong). Surface water extent for current and historical floods is found using multispectral Moderate-resolution Imaging Spectroradiometer (MODIS) 250-meter imagery and the spectral Normalized Difference Vegetation Index (NDVI) signatures of permanent water bodies (MOD44W). Direct and indirect damages to populations, infrastructure, and agriculture are assessed using the 2011 Southeast Asian flood as a case study. Improved land cover and flood depth assessments result in a more refined understanding of losses throughout the Mekong River Basin. Results suggest that rapid initial estimates of flood impacts can provide valuable information to governments, international agencies, and disaster responders in the wake of extreme flood events.

  3. Made in Denmark 2014 - Evaluation of Spectator Experience and Tourism Economic Impacts

    DEFF Research Database (Denmark)

    Toft, Henrik; Zahle Østergaard, Mads

    2015-01-01

    This report is a translation of the impact analysis of the golf tournament, Made in Denmark, which was held in August 2014. The content of the report is divided into two sub-parts. The first part is an analysis of the spectator experience and how well the experience of being at this event was ass...... was asssessed by the spectators. The second part is a tourism economic impact analysis which purpose is to analyse, evaluate and assess the economic impact this event had on the local area where it was held....

  4. Assessment of the Value, Impact, and Validity of the Jobs and Economic Development Impacts (JEDI) Suite of Models

    Energy Technology Data Exchange (ETDEWEB)

    Billman, L.; Keyser, D.

    2013-08-01

    The Jobs and Economic Development Impacts (JEDI) models, developed by the National Renewable Energy Laboratory (NREL) for the U.S. Department of Energy (DOE) Office of Energy Efficiency and Renewable Energy (EERE), use input-output methodology to estimate gross (not net) jobs and economic impacts of building and operating selected types of renewable electricity generation and fuel plants. This analysis provides the DOE with an assessment of the value, impact, and validity of the JEDI suite of models. While the models produce estimates of jobs, earnings, and economic output, this analysis focuses only on jobs estimates. This validation report includes an introduction to JEDI models, an analysis of the value and impact of the JEDI models, and an analysis of the validity of job estimates generated by JEDI model through comparison to other modeled estimates and comparison to empirical, observed jobs data as reported or estimated for a commercial project, a state, or a region.

  5. DIRECT FOREIGN INVESTMENTS AND THE LACK OF POSITIVE EFFECTS ON THE ECONOMY

    Directory of Open Access Journals (Sweden)

    Suzana Djordjevic

    2015-12-01

    Full Text Available In recent years, Croatia was interesting to investors in attracting foreign direct investment. One of the objectives of this research was to deal with their negative effects. Most of invested capital was invested in brownfield investments, i.e. in taking over the ownership share of companies through privatization. Consequently, revenues were spent to settle financial debts and not on the growth and development of competitiveness. According to economic theory, foreign direct investments have a positive impact on the economic growth of the recipient country. This paper attempts to answer the question: ‘Is the economic theory confirmed in the Croatian case?’ The aim is to analyse the impact of foreign direct investments on the economic growth of Croatia in the period from 1999 to 2014. The paper analyses the impact that direct foreign investments had on the unemployment rate, GDP per capita and export using the model of linear regression.

  6. 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

  7. THE IMPACT OF ECONOMIC CRISIS ON STABILITY AND QUALITY OF INTIMATE RELATIONSHIP

    Directory of Open Access Journals (Sweden)

    Maja Kus Ambroz

    2015-05-01

    Full Text Available In this article, we developed a model based on the insight into different theories and empirical studies about inpact of economic crisis on intimate relationship. With the economic crisis, the behaviour of individual in a relationship also changed. Increased stress is one of the reactions of individual to the crisis, and this directly or indirectly influences his or her intimate relationship. That impact is manifested as a factor of the decrease of stability and quality of such relationship. As a starting point, we took the fact that the individual in developed western societies is adapted to the mainstream of so-called consumer society, which discourages him or her to strive for the intimate relationship, and the purpose of such relationship is the preservation of family. On the contrary, this encourages individual's selfish principle to satisfy his or her comfort and convenience. We were mainly interested in the individual's reaction to this phenomenon. Based on these findings, we developed the “intimate relationship stress model” (IRSM, which could be used in further empirical studies and psychotherapy practices.

  8. Performance assessment of hybrid power generation systems: Economic and environmental impacts

    International Nuclear Information System (INIS)

    Al-Sharafi, Abdullah; Yilbas, Bekir S.; Sahin, Ahmet Z.; Ayar, T.

    2017-01-01

    Highlights: • A double-step optimization tool for hybrid power generation systems is introduced. • Economical aspects and the impact of the system on the environment are considered. • A hybrid system comprises PV array-wind turbine-battery-diesel engine is considered. • Real time analysis of the system for full year simulation is carried out. • System optimum configuration at point where total performance index is maximized. - Abstract: This article aims to introduce a double-step performance assessment tool for the hybrid power generation systems. As a case study, a hybrid system comprising PV array, wind-turbine, battery bank and diesel engine is incorporated in hourly based simulations to meet power demand of a residence unit at Dhahran area, Kingdom of Saudi Arabia. Different indicators related to economical and environmental performance assessments of the hybrid system have been considered. In the economic related assessment case, cost of electricity, energy excess percentage, and operating life cycle indicators have been considered and combined to develop the first overall performance index. Renewable contribution, renewable source availability and environmental impact indicators have been considered for the environmental assessment case and they are combined in the second performance index. For either economical or environmental cases, the optimum configuration of the system is achieved by maximizing the first and second overall performance indicators. This innovative optimization tools gives the designer the freedom to assign suitable weights associated with economical aspect, environmental impact, governmental regulations and social impact, for the first and second overall performance indicators, and combine them in the total performance index. The optimum system configuration is at the point where the total performance index is maximized.

  9. THE EFFECTS OF DIRECT TAXATION OVER THE ECONOMIC AGENTS FROM ROMANIA

    Directory of Open Access Journals (Sweden)

    CHIRCULESCU MARIA FELICIA

    2012-06-01

    Full Text Available In Romania, in the context of enrolling the national economy on the path of the market economy, the policy makers had taken a series of measures that had affected, on one side, the establishment of excises and taxes, and on the other side, its future adjustment. These actions, most of the times have not reached their planned purpose or even in some situations they had effects contrary to those expected. At company level the implications of the direct taxes imply: the number and configuration of economic agents, their legal structure, the territorial dispersion and their size, but also the economic- financial performances (turnover, gross investments, value added. The analysis performed in this sense in Romania, on the time horizon 1995-2009, tries to evaluate quantitatively and qualitatively the effects generated by the direct taxation over different macro and microeconomic measures.

  10. Evaluating the economic impact of casino liberalization in Macao.

    Science.gov (United States)

    Zheng, Victor; Hung, Eva P W

    2012-09-01

    This paper aims to evaluate the economic impact after Macao decided to liberalize its gaming industry. By analysing both objective data of official statistics and subjective data of the perceptions of quality of life, we painted a picture of mixed blessings. Although objective indicators showed strong economic growth in terms of a rise in per capita GDP and public revenue as well as a decline in unemployment rate, subjective indicators revealed that local residents were less than optimistic about their own employment outlook and did not perceive any improvement in their overall economic situation. While casino liberalization brought forth tremendous economic gain, the general population did not subjectively feel the benefits. An integrative analysis of both objective and subjective indicators would therefore allow us to look closer how residents' lives in the micro-level could have been adversely affected by the prosperous economic outlook at the macro-level.

  11. Jobs and Economic Development Impact (JEDI) Model: Offshore Wind User Reference Guide

    Energy Technology Data Exchange (ETDEWEB)

    Lantz, E.; Goldberg, M.; Keyser, D.

    2013-06-01

    The Offshore Wind Jobs and Economic Development Impact (JEDI) model, developed by NREL and MRG & Associates, is a spreadsheet based input-output tool. JEDI is meant to be a user friendly and transparent tool to estimate potential economic impacts supported by the development and operation of offshore wind projects. This guide describes how to use the model as well as technical information such as methodology, limitations, and data sources.

  12. The Economic Impact of Peacekeeping in Burkina Faso: A Motivation to Contribute

    Science.gov (United States)

    2016-06-10

    THE ECONOMIC IMPACT OF PEACEKEEPING IN BURKINA FASO: A MOTIVATION TO CONTRIBUTE? A thesis presented to the Faculty of the U.S. Army...Impact of Peacekeeping in Burkina Faso: A Motivation to Contribute? 5a. CONTRACT NUMBER 5b. GRANT NUMBER 5c. PROGRAM ELEMENT NUMBER 6...whole. It also seeks to understand the economic motivations of such a peacekeeping-oriented military strategy. The study shows that Burkina Faso

  13. National and regional economic impacts of electricity production from energy crops in the Netherlands

    NARCIS (Netherlands)

    Vlasblom, J.; Broek, R. van den; Meeusen-van Onna, M.

    1998-01-01

    Besides the known environmental benefits, national and regional economic impacts may form additional arguments for stimulating government measures in favour of electricity production from energy crops in the Netherlands. Therefore, we compared the economic impacts (at both national and regional

  14. Criteria for comparing economic impact models of tourism

    NARCIS (Netherlands)

    Klijs, J.; Heijman, W.J.M.; Korteweg Maris, D.; Bryon, J.

    2012-01-01

    There are substantial differences between models of the economic impacts of tourism. Not only do the nature and precision of results vary, but data demands, complexity and underlying assumptions also differ. Often, it is not clear whether the models chosen are appropriate for the specific situation

  15. A review of economic impact of targeted oral anticancer medications.

    Science.gov (United States)

    Shen, Chan; Chien, Chun-Ru; Geynisman, Daniel M; Smieliauskas, Fabrice; Shih, Ya-Chen T

    2014-02-01

    There has been a rapid increase in the use of targeted oral anticancer medications (OAMs) in the past decade. As OAMs are often expensive, economic consideration play a significant role in the decision to prescribe, receive or cover them. This paper performs a systematic review of costs or budgetary impact of targeted OAMs to better understand their economic impact on the healthcare system, patients as well as payers. We present our review in a summary table that describes the method and main findings, take into account multiple factors, such as country, analytical approach, cost type, study perspective, timeframe, data sources, study population and care setting when we interpret the results from different papers, and discuss the policy and clinical implications. Our review raises a concern regarding the role of sponsorship on findings of economic analyses as the vast majority of pharmaceutical company-sponsored studies reported cost advantages toward the sponsor's drugs.

  16. Agricultural climate impacts assessment for economic modeling and decision support

    Science.gov (United States)

    Thomson, A. M.; Izaurralde, R. C.; Beach, R.; Zhang, X.; Zhao, K.; Monier, E.

    2013-12-01

    A range of approaches can be used in the application of climate change projections to agricultural impacts assessment. Climate projections can be used directly to drive crop models, which in turn can be used to provide inputs for agricultural economic or integrated assessment models. These model applications, and the transfer of information between models, must be guided by the state of the science. But the methodology must also account for the specific needs of stakeholders and the intended use of model results beyond pure scientific inquiry, including meeting the requirements of agencies responsible for designing and assessing policies, programs, and regulations. Here we present methodology and results of two climate impacts studies that applied climate model projections from CMIP3 and from the EPA Climate Impacts and Risk Analysis (CIRA) project in a crop model (EPIC - Environmental Policy Indicator Climate) in order to generate estimates of changes in crop productivity for use in an agricultural economic model for the United States (FASOM - Forest and Agricultural Sector Optimization Model). The FASOM model is a forward-looking dynamic model of the US forest and agricultural sector used to assess market responses to changing productivity of alternative land uses. The first study, focused on climate change impacts on the UDSA crop insurance program, was designed to use available daily climate projections from the CMIP3 archive. The decision to focus on daily data for this application limited the climate model and time period selection significantly; however for the intended purpose of assessing impacts on crop insurance payments, consideration of extreme event frequency was critical for assessing periodic crop failures. In a second, coordinated impacts study designed to assess the relative difference in climate impacts under a no-mitigation policy and different future climate mitigation scenarios, the stakeholder specifically requested an assessment of a

  17. The Use of Economic Impact Studies as a Service Learning Tool in Undergraduate Business Programs

    Science.gov (United States)

    Misner, John M.

    2004-01-01

    This paper examines the use of community based economic impact studies as service learning tools for undergraduate business programs. Economic impact studies are used to measure the economic benefits of a variety of activities such as community redevelopment, tourism, and expansions of existing facilities for both private and public producers.…

  18. Economic Impacts from Indiana's First 1,000 Megawatts of Wind Power

    Energy Technology Data Exchange (ETDEWEB)

    Tegen, S.; Keyser, D.; Flores-Espino, F.; Hauser, R.

    2014-08-01

    The magnitude of Indiana's available wind resource indicates that the development of wind power infrastructure has the potential to support millions of dollars of economic activity in the state. The Jobs and Economic Development Impact (JEDI) models, developed by the National Renewable Energy Laboratory, are tools used to estimate some of the economic impacts of energy projects at the state level. JEDI calculates results in the form of jobs, earnings, and economic output in three categories: project development and onsite labor, local revenue and supply chain, and induced impacts. According to this analysis, the first 1,000 MW of wind power development in Indiana (projects built between 2008 and 2011): supported employment totaling more than 4,400 full-time-equivalent jobs in Indiana during the construction periods; supports approximately 260 ongoing Indiana jobs; supported nearly $570 million in economic activity for Indiana during the construction periods; supported and continues to support nearly $40 million in annual Indiana economic activity during the operating periods; generates more than $8 million in annual property taxes; generates nearly $4 million annually in income for Indiana landowners who lease their land for wind energy projects.

  19. Dynamic impact of urbanization, economic growth, energy consumption, and trade openness on CO 2 emissions in Nigeria.

    Science.gov (United States)

    Ali, Hamisu Sadi; Law, Siong Hook; Zannah, Talha Ibrahim

    2016-06-01

    The objective of this paper is to examine the dynamic impact of urbanization, economic growth, energy consumption, and trade openness on CO 2 emissions in Nigeria based on autoregressive distributed lags (ARDL) approach for the period of 1971-2011. The result shows that variables were cointegrated as null hypothesis was rejected at 1 % level of significance. The coefficients of long-run result reveal that urbanization does not have any significant impact on CO 2 emissions in Nigeria, economic growth, and energy consumption has a positive and significant impact on CO 2 emissions. However, trade openness has negative and significant impact on CO 2 emissions. Consumption of energy is among the main determinant of CO 2 emissions which is directly linked to the level of income. Despite the high level of urbanization in the country, consumption of energy still remains low due to lower income of the majority populace and this might be among the reasons why urbanization does not influence emissions of CO 2 in the country. Initiating more open economy policies will be welcoming in the Nigerian economy as the openness leads to the reduction of pollutants from the environment particularly CO 2 emissions which is the major gases that deteriorate physical environment.

  20. Economic effects of ocean acidification: Publication patterns and directions for future research.

    Science.gov (United States)

    Falkenberg, Laura J; Tubb, Adeline

    2017-09-01

    Human societies derive economic benefit from marine systems, yet these benefits may be modified as humans drive environmental change. Here, we conducted the first systematic review of literature on the potential economic effects of ocean acidification. We identified that while there is a growing literature discussing this topic, assessments of the direction and magnitude of anticipated economic change remain limited. The few assessments which have been conducted indicate largely negative economic effects of ocean acidification. Insights are, however, limited as the scope of the studies remains restricted. We propose that understanding of this topic will benefit from using standard approaches (e.g. timescales and emissions scenarios) to consider an increasing range of species/habitats and ecosystem services over a range of spatial scales. The resulting understanding could inform decisions such that we maintain, or enhance, economic services obtained from future marine environments.

  1. Estimates of the long-term U.S. economic impacts of global climate change-induced drought.

    Energy Technology Data Exchange (ETDEWEB)

    Ehlen, Mark Andrew; Loose, Verne W.; Warren, Drake E.; Vargas, Vanessa N.

    2010-01-01

    While climate-change models have done a reasonable job of forecasting changes in global climate conditions over the past decades, recent data indicate that actual climate change may be much more severe. To better understand some of the potential economic impacts of these severe climate changes, Sandia economists estimated the impacts to the U.S. economy of climate change-induced impacts to U.S. precipitation over the 2010 to 2050 time period. The economists developed an impact methodology that converts changes in precipitation and water availability to changes in economic activity, and conducted simulations of economic impacts using a large-scale macroeconomic model of the U.S. economy.

  2. Multi-Attribute Modelling of Economic and Ecological Impacts of Cropping Systems

    NARCIS (Netherlands)

    Bohanec, M.; Dzeroski, S.; Znidarsic, M.; Messéan, A.; Scatasta, S.; Wesseler, J.H.H.

    2004-01-01

    Modelling of economic and ecological impacts of genetically modified crops is a demanding task. We present some preliminary attempts made for the purpose of the ECOGEN project "Soil ecological and economic evaluation of genetically modified crops". One of the goals of the project is to develop a

  3. 78 FR 47317 - Intent To Conduct a Detailed Economic Impact Analysis

    Science.gov (United States)

    2013-08-05

    ... EXPORT-IMPORT BANK OF THE UNITED STATES Intent To Conduct a Detailed Economic Impact Analysis This... route service within China and from China to various regional and international destinations... to economic[email protected] or by mail to 811 Vermont Avenue NW., Room 442, Washington, DC 20571...

  4. Quantitative assessment of social and economic impact of African swine fever outbreaks in northern Uganda.

    Science.gov (United States)

    Chenais, Erika; Boqvist, Sofia; Emanuelson, Ulf; von Brömssen, Claudia; Ouma, Emily; Aliro, Tonny; Masembe, Charles; Ståhl, Karl; Sternberg-Lewerin, Susanna

    2017-09-01

    African swine fever (ASF) is one of the most important pig diseases, causing high case fatality rate and trade restrictions upon reported outbreaks. In Uganda, a low-income country with the largest pig population in East Africa, ASF is endemic. Animal disease impact is multidimensional and include social and economic impact along the value chain. In low-income settings, this impact keep people poor and push those that have managed to escape poverty back again. If the diseases can be controlled, their negative consequences can be mitigated. However, to successfully argue for investment in disease control, its cost-benefits need to be demonstrated. One part in the cost-benefit equations is disease impact quantification. The objective of this study was therefore to investigate the socio-economic impact of ASF outbreaks at household level in northern Uganda. In a longitudinal study, structured interviews with two hundred, randomly selected, pig-keeping households were undertaken three times with a six month interval. Questions related to family and pig herd demographics, pig trade and pig business. Associations between ASF outbreaks and economic and social impact variables were evaluated using linear regression models. The study showed that pigs were kept in extreme low-input-low-output farming systems involving only small monetary investments. Yearly incidence of ASF on household level was 19%. Increasing herd size was positively associated with higher economic output. The interaction between ASF outbreaks and the herd size showed that ASF outbreaks were negatively associated with economic output at the second interview occasion and with one out of two economic impact variables at the third interview occasion. No significant associations between the social impact variables included in the study and ASF outbreaks could be established. Trade and consumption of sick and dead pigs were coping strategies used to minimize losses of capital and animal protein. The results

  5. On the macro-economic impacts of climate change under informational failures

    OpenAIRE

    CAO, Ruixuan; Gohin, Alexandre

    2012-01-01

    Although the sources, extent and physical impacts of the future climate change are highly uncertain, available dynamic economic assessments implicitly assume that economic agents perfectly know them. Perfect foresight, rational expectations or active learning are standard assumptions underlying simulated results. To the contrary, this paper builds on the assumption that economic agents may suffer for a while from limited knowledge about the average and variability of physical impa...

  6. Impact of mining projects on the socio-economics of the region

    International Nuclear Information System (INIS)

    Rao, K.R.; Yerpude, R.R.

    1994-01-01

    Mining of mineral deposits, if exploited economically, would generate prospects of significant employment of non-inflationary nature, in developing countries. Exploitation of remotely located mineral deposits contributes in developing inaccessible regions thereby improving socio-economics of the region benefiting the local inhabitants and supplementing the efforts towards national integration. However, an indifferent attitude of the project management towards environment and welfare of local population will result in clash of interests and perpetual litigations which not only impede progress of the project but also lead to law and order problems. A precondition for successful implementation of any project is to understand the possible impact it has, on the socio-economics of the region and educate the local inhabitants to derive optimum advantage from the project. In this paper, two cases of mining projects, one located remotely and the other close to a well developed city are studied and their impact on the socio-economics of the respective regions is presented. 5 refs., 2 figs., 1 tab

  7. 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.

  8. The economic impact of revision otologic surgery.

    Science.gov (United States)

    Nadimi, Sahar; Leonetti, John P; Pontikis, George

    2016-03-01

    Revision otologic surgery places a significant economic burden on patients and the healthcare system. We conducted a retrospective chart analysis to estimate the economic impact of revision canal-wall-down (CWD) mastoidectomy. We reviewed the medical records of all 189 adults who had undergone CWD mastoidectomy performed by the senior author between June 2006 and August 2011 at Loyola University Medical Center in Maywood, Ill. Institutional charges and collections for all patients were extrapolated to estimate the overall healthcare cost of revision surgery in Illinois and at the national level. Of the 189 CWD mastoidectomies, 89 were primary and 100 were revision procedures. The total charge for the revision cases was $2,783,700, and the net reimbursement (collections) was $846,289 (30.4%). Using Illinois Hospital Association data, we estimated that reimbursement for 387 revision CWD mastoidectomies that had been performed in fiscal year 2011 was nearly $3.3 million. By extrapolating our data to the national level, we estimated that 9,214 patients underwent revision CWD mastoidectomy in the United States during 2011, which cost the national healthcare system roughly $76 million, not including lost wages and productivity. Known causes of failed CWD mastoidectomies that often result in revision surgery include an inadequate meatoplasty, a facial ridge that is too high, residual diseased air cells, and recurrent cholesteatoma. A better understanding of these factors can reduce the need for revision surgery, which could have a positive impact on the economic strain related to this procedure at the local, state, and national levels.

  9. Economic and environmental impacts of a hypothetical global GMO ban

    OpenAIRE

    Mahaffey, Harrison H

    2016-01-01

    The objective of this research is to assess the global economic and greenhouse gas emission impacts of GMO crops. This is done by modeling two counterfactual scenarios and evaluating them apart and in combination. The first scenario models the impact of a global GMO ban. The second scenario models the impact of increased GMO penetration. The focus is on the price and welfare impacts, and land use change greenhouse gas (GHG) emissions associated with GMO technologies. Much of the prior work on...

  10. Measuring Multi-Membership in Economic Integration and Its Trade Impact

    DEFF Research Database (Denmark)

    Afesorgbor, Sylvanus Kwaku; van Bergeijk, Peter A.G.

    2014-01-01

    impact in two major African regional blocs, Economic Community of West Africa States (ECOWAS) and Southern Africa Development Community (SADC). We find that the impact of multi-membership critically depends on the characteristics of the multi-membership of regional integration initiatives. We find...... a positive impact if an additional membership complements the integration process of the original regional integration initiative: overlapping memberships had a much stronger and significant positive effect on bilateral trade within ECOWAS compare with an insignificant impact within the SADC....

  11. Applying Behavioral Economics to Public Health Policy: Illustrative Examples and Promising Directions.

    Science.gov (United States)

    Matjasko, Jennifer L; Cawley, John H; Baker-Goering, Madeleine M; Yokum, David V

    2016-05-01

    Behavioral economics provides an empirically informed perspective on how individuals make decisions, including the important realization that even subtle features of the environment can have meaningful impacts on behavior. This commentary provides examples from the literature and recent government initiatives that incorporate concepts from behavioral economics in order to improve health, decision making, and government efficiency. The examples highlight the potential for behavioral economics to improve the effectiveness of public health policy at low cost. Although incorporating insights from behavioral economics into public health policy has the potential to improve population health, its integration into government public health programs and policies requires careful design and continual evaluation of such interventions. Limitations and drawbacks of the approach are discussed. Copyright © 2016 American Journal of Preventive Medicine. All rights reserved.

  12. Assessing economic and demographic impacts of intermodal transportation systems.

    Science.gov (United States)

    2010-08-14

    There exists a large literature of transportation impacts on economic and demographic change. Prior studies have focused on single modes of transportation individually rather than integrating these modes. Yet, little work has been undertaken to study...

  13. The Impact of Functional Literacy on Socio-Economic Lives

    African Journals Online (AJOL)

    Elizabeth

    Agona District of Ghana using an Interview Guide on the Impact of Functional. Literacy Programme on ... economic growth and the quality of formal education provided to their citizens (Thompson, 1981). ..... References. Abadze, H. (1994) Adult ...

  14. Transboundary smoke haze pollution in Malaysia: Inpatient health impacts and economic valuation

    International Nuclear Information System (INIS)

    Othman, Jamal; Sahani, Mazrura; Mahmud, Mastura; Sheikh Ahmad, Md Khadzir

    2014-01-01

    This study assessed the economic value of health impacts of transboundary smoke haze pollution in Kuala Lumpur and adjacent areas in the state of Selangor, Malaysia. Daily inpatient data from 2005, 2006, 2008, and 2009 for 14 haze-related illnesses were collected from four hospitals. On average, there were 19 hazy days each year during which the air pollution levels were within the Lower Moderate to Hazardous categories. No seasonal variation in inpatient cases was observed. A smoke haze occurrence was associated with an increase in inpatient cases by 2.4 per 10,000 populations each year, representing an increase of 31 percent from normal days. The average annual economic loss due to the inpatient health impact of haze was valued at MYR273,000 ($91,000 USD). - Highlights: • Transboundary smoke haze is an annual phenomenon in Malaysia. • No evidence of seasonal factors in smoke haze related inpatient cases. • Inpatient rates during a haze event increased by 31% relative to normal days. • Annual economic loss due to inpatient health impact of haze valued at $91,000. • Present value of economic loss estimated at $1.1 million to $1.7 million. - Inpatient rates soared by 31% while economic loss valued at USD91,000 annually

  15. Economic impact and market analysis of a special event: The Great New England Air Show

    Science.gov (United States)

    Rodney B. Warnick; David C. Bojanic; Atul Sheel; Apurv Mather; Deepak Ninan

    2010-01-01

    We conducted a post-event evaluation for the Great New England Air Show to assess its general economic impact and to refine economic estimates where possible. In addition to the standard economic impact variables, we examined travel distance, purchase decision involvement, event satisfaction, and frequency of attendance. Graphic mapping of event visitors' home ZIP...

  16. The New Environment of EU Enlargement: The Impact of Economic Crisis on the Western Balkans and their EU Accession Prospects

    Directory of Open Access Journals (Sweden)

    Ritsa Panagiotou

    2014-05-01

    Full Text Available This paper will explore the impact of the economic crisis on the Western Balkan countries, and how the new, unfavorable international environment is affecting their EU accession prospects. The analysis will be presented in three sections: the first part will examine the effect of the “first wave” of the global economic crisis on the economies of the region, specifically the impact on the region’s macroeconomic indicators, foreign direct investment flows, financial sectors, etc. Part two will analyse the repercussions of the “second wave” of the crisis, namely the Greek sovereign debt crisis, which rapidly spilled over into the entire Eurozone. Part three will build on the issues examined in parts one and two and will discuss the repercussions of both waves of the crisis on the region’s enlargement process and prospects. The paper will also propose that although the EU’s role in Southeast Europe remains crucial (not least as a provider of economic assistance its hitherto undisputable symbolic role as an “anchor” of stability and as a goal to be aspired to may be losing its appeal for some of these countries. This paper will explore the impact of the economic crisis on the Western Balkan countries, and how the new, unfavorable international environment is affecting their EU accession prospects. The analysis will be presented in three sections: the first part will examine the effect of the “first wave” of the global economic crisis on the economies of the region, specifically the impact on the region’s macroeconomic indicators, foreign direct investment flows, financial sectors, etc. Part two will analyse the repercussions of the “second wave” of the crisis, namely the Greek sovereign debt crisis, which rapidly spilled over into the entire Eurozone. Part three will build on the issues examined in parts one and two and will discuss the repercussions of both waves of the crisis on the region’s enlargement process and

  17. Economic and Environmental Impacts of Dietary Changes in Iran: An Input-Output Analysis

    Directory of Open Access Journals (Sweden)

    Roham Rahmani

    2012-03-01

    Full Text Available  Iran's simple and environmentally extended commodity by commodity input-output (IO model was used to determine the impacts of dietary changes on the Iranian economy and on the environmental load. The original model is based on the status-quo diet and was modified to include the World Health Organization (WHO, the World Cancer Research Fund (WCRF and Mediterranean alternative dietary scenarios. A range of impacts occurred depending upon the relative changes in food items. The direction of changes was similar in the three alternative scenarios. The greatest and smallest impact occurred in the WHO and the Mediterranean scenarios respectively. Total changes in output in WHO, WCRF and Mediterranean dietary scenarios were calculated to be 7010.1, 4802.8 and 3330.8 billion Rials respectively. The outputs of rice, vegetables, fruit, bread and macaroni decreased, but those of live and other animal products increased. The output of non-food commodities and services increased as well. The environmental load increased for three dietary scenarios in comparison with the status-quo diet. The greatest and smallest environmental load occurred in WHO and Mediterranean dietary scenarios respectively. Thus, although dietary changes can have positive effects on economic output, in order to avoid negative environmental effects, it is necessary to consider strategies such as applying capabilities, particularly natural resources in an optimal healthy and environmentally diet, planning for improving forest covering and green space simultaneously with increasing economic activities and using indirect incentives, such as taxes and insurance, for promoting sustainable and healthy foods and reducing greenhouse gas emissions.

  18. ECONOMIC CRISIS IMPACT ON COUNTY ALBA HOTEL INDUSTRY

    OpenAIRE

    MOISA Claudia Olimpia

    2012-01-01

    The present paper, dominated by the global economic crisis effects is and continues to be a critical time for global tourism industry and for Romanian too. This study tries to play on a particular case, Park Hotel, located in Alba Iulia, the impact of this phenomenon over tourist hotel services.

  19. Economic impact of reduced mortality due to increased cycling.

    Science.gov (United States)

    Rutter, Harry; Cavill, Nick; Racioppi, Francesca; Dinsdale, Hywell; Oja, Pekka; Kahlmeier, Sonja

    2013-01-01

    Increasing regular physical activity is a key public health goal. One strategy is to change the physical environment to encourage walking and cycling, requiring partnerships with the transport and urban planning sectors. Economic evaluation is an important factor in the decision to fund any new transport scheme, but techniques for assessing the economic value of the health benefits of cycling and walking have tended to be less sophisticated than the approaches used for assessing other benefits. This study aimed to produce a practical tool for estimating the economic impact of reduced mortality due to increased cycling. The tool was intended to be transparent, easy to use, reliable, and based on conservative assumptions and default values, which can be used in the absence of local data. It addressed the question: For a given volume of cycling within a defined population, what is the economic value of the health benefits? The authors used published estimates of relative risk of all-cause mortality among regular cyclists and applied these to levels of cycling defined by the user to produce an estimate of the number of deaths potentially averted because of regular cycling. The tool then calculates the economic value of the deaths averted using the "value of a statistical life." The outputs of the tool support decision making on cycle infrastructure or policies, or can be used as part of an integrated economic appraisal. The tool's unique contribution is that it takes a public health approach to a transport problem, addresses it in epidemiologic terms, and places the results back into the transport context. Examples of its use include its adoption by the English and Swedish departments of transport as the recommended methodologic approach for estimating the health impact of walking and cycling. Copyright © 2013 World Health Organization. Published by Elsevier Inc. All rights reserved.

  20. 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.

  1. Socio-economic impacts of nuclear generating stations: D. C. Cook case study

    International Nuclear Information System (INIS)

    Branch, K.

    1982-07-01

    This report documents a case study of the socio-economic impacts of the construction and operation of the D. C. Cook nuclear power station. It is part of a major post-licensing study of the socio-economic impacts at twelve nuclear power stations. The case study covers the period beginning with the announcement of plans to construct the reactor and ending in the period 1980 to 1981. The case study deals with changes in the economy, population, settlement patterns and housing, local government and public services, social structure, and public response in the study area during the construction/operation of the reactor. A regional modeling approach is used to trace the impact of construction/operation on the local economy, labor market, and housing market. Emphasis in the study is on the attribution of socio-economic impacts to the reactor or other causal factors. As part of the study of local public response to the construction/operation of the reactor, the effects of the Three Mile Island accident are examined

  2. Socio-economic impacts of nuclear generating stations: Three Mile Island case study

    International Nuclear Information System (INIS)

    Flynn, C.

    1982-07-01

    This report documents a case study of the socio-economic impacts of the construction and operation of the Three Mile Island nuclear power stations. It is part of a major post-licensing study of the socio-economic impacts at twelve nuclear power stations. The case study covers the period beginning with the announcement of plans to construct the reactor and ending in the period 1980 to 1981. The case study deals with changes in the economy, population, settlement patterns and housing, local government and public services, social structure, and public response in the study area during the construction/operation of the reactor. A regional modeling approach is used to trace the impact of the construction/operation on the local economy, labor market, and housing market. Emphasis in the study is on the attribution of socio-economic impacts to the reactor or other causal factors. As part of the study of local public response to the construction/operation of the reactor, the effects of the Three Mile Island accident are examined

  3. Impacts of climatic change on water and associated economic activities in the Swiss Alps

    Science.gov (United States)

    Beniston, Martin

    2012-01-01

    SummaryThe European Alps are one region of the world where climate-driven changes are already perceptible, as exemplified by the general retreat of mountain glaciers over past decades. Temperatures have risen by up to 2 °C since 1900 particularly at high elevations, a rate that is roughly three times the global-average 20th century warming. Regional climate models suggest that by 2100, winters in Switzerland may warm by 3-5 °C and summers by 6-7 °C according to greenhouse-gas emissions scenarios, while precipitation is projected to increase in winter and sharply decrease in summer. The impacts of these levels of climatic change will affect both the natural environment and a number of economic activities. Alpine glaciers may lose between 50% and 90% of their current volume and the average snowline will rise by 150 m for each degree of warming. Hydrological systems will respond in quantity and seasonality to changing precipitation patterns and to the timing of snow-melt in the Alps, with a greater risk of flooding during the spring and droughts in summer and fall. The direct and indirect impacts of a warming climate will affect key economic sectors such as tourism, hydropower, agriculture and the insurance industry that will be confronted to more frequent natural disasters. This paper will thus provide an overview of the current state of knowledge on climatic change and its impacts on the Alpine world.

  4. The economic impact of Olympic tourism: When, who and how much?

    OpenAIRE

    Mueller, Martin

    2010-01-01

    No Olympics could do without exact measuring. In the 100 m sprint race, milliseconds separate winners from losers. But when it comes to measuring the economic benefits of Olympic tourism, figures vary by several billion. How can we get a grip on the economic impact of tourism associated with the Olympics?

  5. Economic impacts of natural gas flow disruptions between Russia and the EU

    International Nuclear Information System (INIS)

    Bouwmeester, Maaike C.; Oosterhaven, J.

    2017-01-01

    In this paper we use a non-linear programming approach to predict the wider interregional and interindustry impacts of natural gas flow disruptions. In the short run, economic actors attempt to continue their business-as-usual and follow established trade patters as closely as possible. In the model this is modelled by minimizing the information gain between the original pattern of economic transactions and the situation in which natural gas flows are disrupted. We analyze four scenarios that simulate Russian export stops of natural gas by means of a model calibrated on an international input-output table with six sectors and six regions. The simulations show that at the lower levels of aggregation considerable effects are found. At the aggregate level of the whole economy, however, the impacts of the four scenarios are negligible for Europe and only a little less so for Russia itself. Interestingly, the effects on the size of the economy, as measured by its GDP, are predominantly positive for the various European regions, but negative for Russia. The effects on the welfare of the populations involved, however, as measured by the size of domestic final demand, have an opposite sign; with predominantly negligible but negative effects for European regions, and very small positive effects for the Russian population. - Highlights: • First application of new model for wider economic impacts of disasters and trade boycotts. • Russian natural gas export stops would have considerable impacts on international gas flows. • Wider economic impacts on the EU are negligible. Those on Russia only a little larger. • Impacts on GDP are positive for the EU and negative for Russia. • Impacts on welfare (domestic final demand) have an opposite sign.

  6. The impact of remittances on economic growth: An econometric model

    Directory of Open Access Journals (Sweden)

    Dietmar Meyer

    2017-05-01

    In other words, the econometric analysis will be based on those six remittance receiving countries. The paper is then to review the empirical literature devoted to the impact of remittances on economic growth, in order, to identify empirically if there are significant relationships between remittances and growth in these countries. The results suggest that remittances have a positive impact on growth and that this impact increases at higher levels of remittances relative to GDP.

  7. Economic perspectives on the impact of climate variability and change: A summary report

    International Nuclear Information System (INIS)

    Timmerman, P.; Grima, A.P.

    1988-01-01

    A summary is presented of a collection of papers on the economic methodologies applicable to studies of the impact of global climate variability and change. The research was sponsored by the Canadian Climate program and was conducted as part of a project investigating the potential impacts on various sectors of the Canadian economy of climate warming due to the greenhouse effect. Topics of the papers include microeconomic analysis, benefit/cost analysis, input-output analysis, policy options regarding water levels in the Great Lakes, the scenario approach to assessing socio-economic sensitivities to climate change in the agri-food sector, and analysis of weather impacts. Several analytical tools are seen to be readily applicable to economic analyses of the effects of climate change, and issues of future water supply and demand are seen as central to climate impact assessment, and of particular concern to Canada

  8. Global health and economic impacts of future ozone pollution

    International Nuclear Information System (INIS)

    Selin, N E; Nam, K M; Reilly, J M; Paltsev, S; Prinn, R G; Webster, M D; Wu, S

    2009-01-01

    We assess the human health and economic impacts of projected 2000-2050 changes in ozone pollution using the MIT Emissions Prediction and Policy Analysis - Health Effects (EPPA-HE) model, in combination with results from the GEOS-Chem global tropospheric chemistry model of climate and chemistry effects of projected future emissions. We use EPPA-HE to assess the human health damages (including mortality and morbidity) caused by ozone pollution, and quantify their economic impacts in sixteen world regions. We compare the costs of ozone pollution under scenarios with 2000 and 2050 ozone precursor and greenhouse gas emissions (using the Intergovernmental Panel on Climate Change (IPCC) Special Report on Emissions Scenarios (SRES) A1B scenario). We estimate that health costs due to global ozone pollution above pre-industrial levels by 2050 will be $580 billion (year 2000$) and that mortalities from acute exposure will exceed 2 million. We find that previous methodologies underestimate costs of air pollution by more than a third because they do not take into account the long-term, compounding effects of health costs. The economic effects of emissions changes far exceed the influence of climate alone.

  9. Economic and social impact of modernization on cultural values

    Directory of Open Access Journals (Sweden)

    Elena Andreeva

    2017-05-01

    Full Text Available Our paper focuses on the relevant theoretical economic approaches that allow us to understand the key elements of cultural values. The paper presents a model envisaged to estimate economic and social impact of modernization on cultural values in modern societies. We employ three indices of social and economic development for each level in Russian Federal districts of Moscow and St. Petersburg in order to reveal their impacts on modernization processes. Our data has been collected via the means of a questionnaire and an opinion poll with the purpose of revealing the value guidelines of society in terms of its modernization. Our results reveal the presence of four relevant levels of value orientations: family orientations, global, work, and personal orientations. Our results demonstrate how modernization is perceived in modern societies, in which spheres it is mostly expressed, and how it influences the society. Moreover, we show the determinants of values within four levels of value orientations. Our findings provide estimations of modern attitudes towards social consciousness in the processes of modernization and reveal basic moral principles that could become a background of new system of values used in modernizing modern societies.

  10. [Economic impact of chronic, acute and global malnutrition in Peru].

    Science.gov (United States)

    Alcázar, Lorena; Ocampo, Diego; Huamán-Espino, Lucio; Pablo Aparco, Juan

    2013-01-01

    To estimate the economic impact of chronic, acute and global malnutrition in Peru. This study, through an econometric model, estimated the economic impact of child malnutrition in two time horizons (incidental retrospective and prospective) during 2011, considering malnutrition-associated costs of health, education and productivity for the Peruvian economy. Information collected is a combination of data coming from the Demographic Survey of Family Health, the National Survey of Homes, the 2007 Census of Population and Housing, and public budget information, as well as estimates of risks a child is exposed to due to malnutrition during their first years of life. Nationwide it was found that in the perspective retrospective, the cost of child malnutrition in 2011 was 10,999 million soles, which was equal to 2.2% of GDP for that same year. Prospective costs nationwide, of those who by 2011 were 0 to 59 months, reached 4,505 million soles and represented 0.9% of GDP in 2011. Most cases stem from losses of productivity in both cases. Moreover, malnutrition affects much more both the Andes and jungle regions. The economic impact of child malnutrition represents a significant percentage of GDP, reason for which it is necessary to continue investing equitably in its prevention through participation with proven efficiency.

  11. Consistent economic cross-sectoral climate change impact scenario analysis: Method and application to Austria

    Directory of Open Access Journals (Sweden)

    Karl W. Steininger

    2016-03-01

    Full Text Available Climate change triggers manifold impacts at the national to local level, which in turn have various economy-wide implications (e.g. on welfare, employment, or tax revenues. In its response, society needs to prioritize which of these impacts to address and what share of resources to spend on each respective adaptation. A prerequisite to achieving that end is an economic impact analysis that is consistent across sectors and acknowledges intersectoral and economy-wide feedback effects. Traditional Integrated Assessment Models (IAMs are usually operating at a level too aggregated for this end, while bottom-up impact models most often are not fully comprehensive, focusing on only a subset of climate sensitive sectors and/or a subset of climate change impact chains. Thus, we develop here an approach which applies climate and socioeconomic scenario analysis, harmonized economic costing, and sector explicit bandwidth analysis in a coupled framework of eleven (biophysical impact assessment models and a uniform multi-sectoral computable general equilibrium model. In applying this approach to the alpine country of Austria, we find that macroeconomic feedbacks can magnify sectoral climate damages up to fourfold, or that by mid-century costs of climate change clearly outweigh benefits, with net costs rising two- to fourfold above current damage cost levels. The resulting specific impact information – differentiated by climate and economic drivers – can support sector-specific adaptation as well as adaptive capacity building. Keywords: climate impact, local impact, economic evaluation, adaptation

  12. ECONOMIC CRISIS IMPACT ON COUNTY ALBA HOTEL INDUSTRY

    Directory of Open Access Journals (Sweden)

    MOISA Claudia Olimpia

    2012-12-01

    Full Text Available The present paper, dominated by the global economic crisis effects is and continues to be a critical time for global tourism industry and for Romanian too. This study tries to play on a particular case, Park Hotel, located in Alba Iulia, the impact of this phenomenon over tourist hotel services.

  13. The economic impact of Sandia National Laboratories on Central New Mexico and the State of New Mexico Fiscal Year 1998

    Energy Technology Data Exchange (ETDEWEB)

    Lansford, Robert R.; Adcock, Larry D.; Gentry, Lucille M.; Ben-David, Shaul; Temple, John

    1999-08-09

    impact analyses: The impact of SNL activities on Central New Mexico and the economic impacts of SNL on the state of New Mexico. For purposes of this report, the Central New Mexico Region includes: Bernalillo, Sandoval, Valencia, and Torrance Counties (Figure 1). Total impact represents both direct and indirect resending by business, including induced effects (resending by households). The standard multipliers used in determining impacts result from the inter-industry, input-output models developed for the four-county region and the state of New Mexico.

  14. Economic impacts of the S.S. Glacier Bay oil spill: Social and economic studies. Technical report (Final)

    International Nuclear Information System (INIS)

    Burden, P.; Isaacs, J.; Richardson, J.; Braund, S.; Witten, E.

    1990-11-01

    On July 2, 1987, an oil spill occurred in Cook Inlet when the S.S. Glacier Bay hit a submerged obstacle while enroute to Kenai Pipeline Company facilities to offload oil. The 1987 commercial fishery in Cook Inlet was barely underway when the S.S. Glacier Bay oil spill occurred, and the largest salmon return in history was moving up the inlet. The sockeye salmon run alone totaled over 12 million, providing a seasonal catch of 9.25 million salmon. The 1987 sport fishery in Cook Inlet was in mid-season at the time of the spill. The S.S. Glacier Bay oil spill represents an opportunity to study the economic impacts of an oil spill event in Alaska, particularly with regard to commercial fishing impacts and the public costs of cleanup. The report evaluates the existing information on the spill, response measures, and economic impacts, and adds discussions with individuals and groups involved in or affected by the spill to this data base. The report reviewed accounts of the oil spill and its costs; identified types and sources of data, developed protocol, and contacted groups and people for data collection and verification; and described, analyzed, and prepared reports of the economic effects of the S.S. Glacier Bay oil spill

  15. Economic Impact Analyses of Interdisciplinary Multi-hazard Scenarios: ShakeOut and ARkStorm

    Science.gov (United States)

    Wein, A. M.; Rose, A.; Sue Wing, I.; Wei, D.

    2011-12-01

    U. S. Geological Survey (USGS) scientists are using an interdisciplinary strategy to develop and analyze multi-hazard scenarios to help communities enhance resilience to natural hazard disasters. Two such scenarios are the southern California ShakeOut earthquake and the California ARkStorm winter storm. Both scenarios are multi-hazard: Shakeout ground motions trigger landslides and liquefaction and ARkStorm involves wind, flood, landslide, and coastal hazards. A collaborative scenario-process engages partners and stakeholders throughout the development and use of the scenarios, In doing so, community resilience is enhanced by educating communities about hazards and hazard interdependencies, building networks from scientists to decision makers, exercising emergency management strategies, identifying emergency management issues, and motivating solutions prior to an event. In addition, interdisciplinary scenarios stimulate research on the various steps of analysis (e.g., natural hazard processes, physical damages, societal consequences, and policy connections). In particular, USGS scientists have collaborated with economists to advance methods to estimate the economic impacts (business interruption losses) of disasters. Our economic impact analyses evolved from the economic module in the Federal Emergency Management Agency's loss-estimation tool, HAZUS-MH, to a more encompassing input-output analysis for ShakeOut, to a more sophisticated Computable General Equilibrium model for ARkStorm. The analyses depend on physical damage and restoration time estimates from engineers and geographic analyses of economic assets in hazard zones. Economic resilience strategies are incorporated to represent resourcefulness and ingenuity that avoids potential losses during and after an event. Such strategies operate at three levels of the economy: micro (e.g., ability to catch up on lost production time), meso (e.g., coordination within a sector to share resources), and macro (e

  16. Socio-economic and other non-radiological impacts of the near surface disposal of radioactive waste

    International Nuclear Information System (INIS)

    2002-09-01

    The objective of this report is to introduce, in a generic sense, the elements that could comprise a socio-economic and non-radiological environmental impact assessment. The various social, economic and environmental impacts that could be associated with surface and near surface disposal are discussed through factors that could apply at the local, regional or national level. Impact management is also discussed. The report also introduces concepts to help Member States develop their own approaches to undertaking impact assessment and management. The report is intended to complement IAEA documents on the technology and safety aspects of the near surface disposal of radioactive waste. The scope of this report includes a discussion of a range of social, economic and nonradiological environmental impacts relevant to surface and near surface disposal and illustrations of some impact management measures

  17. The Economic Impact of Domestic Military Installations on Regional Economies.

    Science.gov (United States)

    1979-12-01

    16 Co SCOPEP LIMITATIONSP AND ASSUMPTIONS OF THE RESEARCH---------------------------------------- 17 D. METHODOLOGY OF RESEARCH...state and local level. This research will focus on the local or regional impact of militarw expenditures. A. PURPOSE OF THE RESERACH Militarw spending...unanswered auestions. This research will attempt to examine the theories of economic impact to Provide ouantitative methodologies for expressing and

  18. Economic impacts of invasive species in forest past, present, and future

    Science.gov (United States)

    Thomas P. Holmes; Juliann E. Aukema; Betsy Von Holle; Andrew Liebhold; Erin Sills

    2009-01-01

    Biological invasions by nonnative species are a by-product of economic activities, with the vast majority of nonnative species introduced by trade and transport of products and people. Although most introduced species are relatively innocuous, a few species ultimately cause irreversible economic and ecological impacts, such as the chestnut blight that functionally...

  19. Using risk analysis in Health Impact Assessment: the impact of different relative risks for men and women in different socio-economic groups

    DEFF Research Database (Denmark)

    Nilunger, Louise; Diderichsen, Finn; Burström, Bo

    2004-01-01

    The aim of this study is to contribute to the emerging field of quantification of Health Impact Assessment (HIA), by analysing how different relative risks affect the burden of disease for various socio-economic groups (SES). Risk analysis, utilising attributable and impact fraction, raises several...... methodological considerations. The present study illustrates this by measuring the impact of changed distribution levels of smoking on lung cancer, ischemic heart disease (IHD), chronic obstructive lung disorder (COLD) and stroke for the highest and lowest socio-economic groups measured in disability adjusted...... the highest and lowest socio-economic groups may decrease by 75% or increase by 21% depending on the size of the relative risk. Assuming the same smoking prevalence for the lowest socio-economic group as for the highest (impact fraction), then the inequality may decrease by 7-26%. Consequently, the size...

  20. The South African tax mix and economic growth

    Directory of Open Access Journals (Sweden)

    AH de Wet

    2014-10-01

    Full Text Available The research reported in this paper suggests that government fiscal policy can influence economic growth through alterations in the tax mix and the overall size of government spending.   The authors estimate the impact on economic growth of changes in fiscal policy via government expenditure, direct taxation and indirect taxation.  The results show that economic growth is negatively affected by increases in the size of government, as reflected in its expenditures and direct tax revenues, although significant indirect tax effects are not found.

  1. Direct economic burden and influencing factors in patients with hepatitis B virus related diseases in Jiangsu, China.

    Science.gov (United States)

    Zhang, Hua; Chao, Jianqian; Zhu, Liguo; Song, Long; Li, Xiyan; Liu, Pei

    2015-03-01

    The purpose of this study was to explore direct economic burden and its influencing factors in patients with hepatitis B virus (HBV) related diseases. Time phasing continuous sampling was used to select patients from August 1, 2012, to December 31, 2012, in 3 county hospitals of 3 model regions in Jiangsu Province, China. A total of 436 outpatients and 196 inpatients were observed. The average direct economic burden of HBV-associated admission was US$107.11 for outpatients, and drug fees accounted for 74%; the burden was US$3193.47 for inpatients, and the direct medical costs accounted for 96%. Multivariate linear regression analysis showed that drug fee, examination fee, and antiviral therapy were influencing factors for outpatients, while hospitalization stay, drug ratio, and patient's age were influencing factors for inpatients. It can be concluded that the direct economic burden of patients with HBV-related diseases was high compared to their household income. Measures should be taken to reduce the economic burden of patients. © 2014 APJPH.

  2. Nuclear incident response in industrial areas: assessing the economic impact of the decision to evacuate

    International Nuclear Information System (INIS)

    Pauwels, N.; Walle, B. van de; Hardeman, F.; Sohier, A.; Soudan, K.

    1996-01-01

    The economic impact of imposing countermeasures in case of a nuclear emergency is a very important aspect in both the Probabilistic Risk Assessment code COSYMA and the Real-time On-line DecisiOn Support system RODOS. Therefore, these codes make use of the economic model ECONOM. In this paper, we will show that this economic model is not very well suited, nor designed, to predict the economic impact of evacuating a highly industrialised area in case of a nuclear emergency. Furthermore, we will indicate how recent economic investment theories can be used to deal with this decision problem in a more elaborate way. (author)

  3. The impact of foreign direct investment on CO2 emissions in Turkey: new evidence from cointegration and bootstrap causality analysis.

    Science.gov (United States)

    Koçak, Emrah; Şarkgüneşi, Aykut

    2018-01-01

    Pollution haven hypothesis (PHH), which is defined as foreign direct investment inducing a raising impact on the pollution level in the hosting country, is lately a subject of discussion in the field of economics. This study, within the scope of related discussion, aims to look into the potential impact of foreign direct investments on CO 2 emission in Turkey in 1974-2013 period using environmental Kuznets curve (EKC) model. For this purpose, Maki (Econ Model 29(5):2011-2015, 2012) structural break cointegration test, Stock and Watson (Econometrica 61:783-820, 1993) dynamic ordinary least square estimator (DOLS), and Hacker and Hatemi-J (J Econ Stud 39(2):144-160, 2012) bootstrap test for causality method are used. Research results indicate the existence of a long-term balance relationship between FDI, economic growth, energy usage, and CO 2 emission. As per this relationship, in Turkey, (1) the potential impact of FDI on CO 2 emission is positive. This result shows that PHH is valid in Turkey. (2) Moreover, this is not a one-way relationship; the changes in CO 2 emission also affect FDI entries. (3) The results also provide evidence for the existence of the EKC hypothesis in Turkey. Within the frame of related findings, the study concludes several polities and presents various suggestions.

  4. Foreign Remittances, Foreign Direct Investment, Foreign Imports and Economic Growth in Pakistan: A Time Series Analysis

    Directory of Open Access Journals (Sweden)

    Muhammad Tahir

    2015-10-01

    Full Text Available This empirical research paper focuses on establishing a relationship between external determinants and economic growth of Pakistan economy. Empirical analyses are carried out with time series econometric techniques using data over the period of 1977-2013. The main finding is that external determinants such as foreign remittances, foreign direct investment, and foreign imports matter from a growth perspective. Foreign remittances and foreign direct investment have a significant positive role in the growth process of Pakistan economy. Furthermore, it is found that foreign imports have adversely influenced the economic growth of Pakistan. The study recommends that policy makers shall take appropriate steps to increase the inflow of both foreign remittances and foreign direct investment in order to achieve the long run economic growth.

  5. Making an Impact: New Directions for Arts and Humanities Research

    Science.gov (United States)

    Hazelkorn, Ellen

    2015-01-01

    The severity of the global economic crisis has put the spotlight firmly on measuring academic and research performance and productivity and assessing its contribution, value, impact and benefit. While, traditionally, research output and impact were measured by peer-publications and citations, there is increased emphasis on a "market-driven…

  6. A Regional Analysis of the Life Cycle Environmental and Economic Tradeoffs of Different Economic Growth Paths

    Directory of Open Access Journals (Sweden)

    Weiwei Mo

    2018-02-01

    Full Text Available Different economic development strategies may result in varied socioeconomic and environmental synergies or tradeoffs, suggesting an opportunity for environmentally conscious planning. To understand such synergies or tradeoffs, a dynamic environmental life cycle assessment was conducted for eleven groups of New Hampshire industries. Historical state level Gross Domestic Product (GDP-by-industry data was combined with economic input-output analysis to calculate the direct and life cycle energy use, freshwater use, greenhouse gas emissions, and eutrophication potential of each industry on a yearly basis for the period of 1997–2012. The future development of agriculture, traditional manufacturing, high tech, and tourism industries were investigated based on government projections. Total life cycle impacts of the 11 industries were found to represent around three to seven times those of direct impacts, indicating the significance of the supply chain impacts. Traditional manufacturing has the highest life cycle impacts even though it contributes to less than 10% of the state GDP. Future development of high tech was found to be the best strategy to increase GDP while imposing the least additional environmental impacts. Tourism presents relatively high impacts in terms of freshwater use and eutrophication potential, and a change in recreational style might be able to reduce its impacts.

  7. Impact of recent technical developments on upgrading economics

    International Nuclear Information System (INIS)

    Padamsey, R.

    1991-01-01

    A detailed study was conducted to compare the economics of hydrogen addition processes using Alberta heavy oil feedstocks, based on test achievements, with the economics of upgrading processes representative of those currently in commercial use in Alberta. Capital and operating cost estimates were developed for an upgrader complex centrally located in Alberta utilizing three alternative upgrading schemes: flexicoking with separate hydrotreating, low conversion flexicoking-fining with delayed coking of unconverted bottoms and separate hydrotreating, and VEBA combi-cracker high conversion (VCC) hydrogen addition with integrated hydrotreating. Each scheme was designed to process 60,000 bbl per calendar day of Cold Lake bitumen and produce a synthetic crude oil that could be substituted for a conventional crude. The study included capital cost estimates, operating cost estimates, economic analysis and sensitivity analysis. The results of these analyses, as measured by the price available for the bitumen, indicated that high conversion hydrogen addition processes with integrated hydrotreating, such as VCC, offer a significant economic advantage over the currently employed coking processes combined with separate hydrotreating and over the low conversion hydrogen addition processes combined with separate hydrotreating and coking of unconverted bottoms. Technology was found to have a significant impact on the economics of the operation. 4 refs., 6 figs., 7 tabs

  8. casual relationship between gross domestic saving and economic

    African Journals Online (AJOL)

    TOSHIBA

    private saving has both direct and indirect effects on economic growth. ... sector have a bigger impact on GDP than gross domestic savings. ... Development economists have been concerned for decades about the crucial role of ..... higher investment and higher economic growth is not supported by East African countries.

  9. Assessing future economic impacts of acidic deposition on the recreational fishery of eastern Canada

    International Nuclear Information System (INIS)

    1990-01-01

    A study was carried out to assess the socio-economic impacts and net economic value effects related to potential reduction in acidic deposition on the sports fishery of eastern Canada. Impacts and net economic effects that would have occurred from 1950 to 1985 if emission/deposition controls were in place are measured. Impacts and net economic effects that will occur from 1986 to 2021 if controls are put in place in the future are also measured. The study incorporated the latest data describing the relationship of acidic deposition to lake pH levels and ultimate impact on fish survival, and applies a spatial analysis system to model changes in sport fish availability with respect to pH changes and fish survival responses. It was found that if emission controls were put in place beginning in 1950 the Canadian economy would have accrued $4.3 billion in net economic value from 1950 to 1985 inclusive. The 1986 value of the historical stream of losses that occurred because controls were not put in place is $24 billion assuming a 10% rate of return. If controls were put in place in the future, net economic value to Canada due to increased angler activity would be $4.2 billion for the period 1986-2021. The value in 1986 would be $925 million. 9 figs., 34 tabs

  10. ENTREPRENEURSHIP ECONOMIC SAFETY AND DEVELOPMENT OF SECURITY SERVICES

    Directory of Open Access Journals (Sweden)

    G. V. Goudkov

    2011-01-01

    Full Text Available Successful functioning of the industry that provides for safety of organizations and physical entities exercises strategic impacts on development of society and economics of any state including Russia. Economic safety of Russia is directly linked with economic and information safety of itsbusiness structures. Extension of the scope and use of services offered by experienced state and private security enterprises including licensed individuals is one of most important directions of business safety perfection. Further improvement of Russian legislation on non-governmentalsecurity structures and coordination of their activities with those of state law enforcement bodies is obligatory condition of attaining higherpublic and economic safety levels.

  11. Critical review on the socio-economic impact of tendinopathy

    Directory of Open Access Journals (Sweden)

    Chelsea Hopkins

    2016-04-01

    Full Text Available There are currently no studies that determine the total burden that tendinopathy places on patients and society. A systematic search was conducted to understand the impact of tendinopathy. It demonstrated that the current prevalence is underestimated, particularly in active populations, such as athletes and workers. Search results demonstrate that due to the high prevalence, impact on patients' daily lives and the economic impact due to work-loss, treatments are significantly higher than currently observed. A well-accepted definition by medical professionals and the public will improve documentation and increase awareness, in order to better tackle the disease burden.

  12. Clinical and economic impact of etanercept in real-life

    DEFF Research Database (Denmark)

    Larsen, Christian Grønhøj; Andersen, Peter Hundevadt; Lorentzen, Henrik

    2013-01-01

    BACKGROUND: Real-life data on the therapeutic effectiveness and costs of etanercept are scarce. Objectives: To assess the clinical and economic impact of etanercept in patients with psoriasis in Denmark and Norway. MATERIAL & METHODS: This prospective, non-interventional study in a private...

  13. The economic impact of Los Alamos National Laboratory on north-central New Mexico and the state of New Mexico fiscal year 1997

    International Nuclear Information System (INIS)

    Lansford, R.R.; Nielsen, T.G.; Schultz, J.; Adcock, L.D.; Gentry, L.M.

    1998-01-01

    Los Alamos National Laboratory (LANL) is a multidisciplinary, multiprogram laboratory with a mission to enhance national military and economic security through science and technology. Its mission is to reduce the nuclear danger through stewardship of the nation's nuclear stockpile and through its nonproliferation and verification activities. An important secondary mission is to promote US industrial competitiveness by working with US companies in technology transfer and technology development partnerships. Los Alamos is involved in partnerships and collaborations with other federal agencies, with industry (including New Mexico businesses), and with universities worldwide. For this report, the reference period is FY 1997 (October 1, 1996, through September 30, 1997) and includes two major impact analysis: the impact of LANL activities on north-central New Mexico and the economic impacts of LANL on the state of New Mexico. Total impact represents both direct and indirect respending by business, including induced effects (respending by households). The standard multipliers used in determining impacts result from the inter-industry, input-output models developed for the three-county region and the state of New Mexico. 5 figs., 12 tabs

  14. A Comparative Analysis of the Impact of Agricultural Exports on Economic Growth of ECOWAS Countries

    Directory of Open Access Journals (Sweden)

    Richardson Kojo Edeme

    2016-10-01

    Full Text Available Towards the acceleration of the attainment of sustainable growth, most countries have focused on agricultural exports as a means of driving their economy. Developing countries of Africa are highly dependent on the agricultural sector and agricultural exports are a major determinant of economic growth of these countries. However, the impact of agricultural exports on economic growth of ECOWAS countries remains unclear. This study therefore evaluates the impact of agricultural exports on the economic growth of fifteen ECOWAS countries using panel data for the period 1980–2013. Variables employed are labour force participation rate, capital stock, agricultural exports, non-agricultural exports, inflation and economic growth. The results of the fixed-effect model show that agricultural exports have not impacted significantly on the economic growth of ECOWAS countries such as Côte d’Ivoire and Nigeria with respect to the Republic of Benin, which is the selected baseline. The study also analysed the country combined effect of the agricultural exports and found that it was significant but the rate of impact was weak. The study recommends, among others, that even though agricultural exports had a significant impact on economic growth, there is still a need for ECOWAS governments to improve their agricultural sector as its significance is more noticeable in some countries such as Côte d’Ivoire and Nigeria.

  15. Economic impacts of natural resources on a regional economy: the case of the pre-salt oil discoveries in Espirito Santo, Brazil

    Directory of Open Access Journals (Sweden)

    Eduardo Amaral Haddad

    2014-03-01

    Full Text Available The Brazilian government has recently confirmed the discovery of a huge oil and natural gas field in the pre-salt layer of the country’s southeastern coast. It has been said that the oil fields can boost Brazil’s oil production and turn the country into one of the largest oil producers in the world. The fields are spatially concentrated in the coastal areas of a few Brazilian states that may directly benefit from oil production. This paper uses an interregional computable general equilibrium model to assess the impacts of pre-salt on the economy of the State of Espírito Santo, a region already characterized by an economic base that is heavily reliant on natural resources. We focus our analysis on the structural economic impacts on the local economy

  16. The economic impacts of desert power. Socio-economic aspects of an EUMENA renewable energy transition

    Energy Technology Data Exchange (ETDEWEB)

    Blohmke, Julian; Sohm, Matthew; Zickfeld, Florian

    2013-06-15

    would both create large numbers of jobs and increase economic growth. - RE-relevant sectors are labor-intensive and can create a significant number of jobs in MENA and internationally. - MENA industry has already acquired local manufacturing capacity in a number of RE components. It can greatly expand this industry capability by focusing on the components that have the potential to be manufactured locally in the short term. - A market-friendly approach to industrial policy can help maximize the local benefits of desert power for RE-generating countries in a sustainable way. EIDP is the first report that fully integrates the three key renewable generation technologies - Wind, solar photovoltaic (PV) and concentrated solar power (CSP) technologies - into a region-wide computable general equilibrium (CGE) model. The report provides transparency on the job impacts of a transition to renewable energy by fully detailing all assumptions and background, including a detailed overview of MENA's current and (projected) future industry capabilities. It also differentiates between direct and indirect employment effects. Finally, the combination of a quantitative economic model and a market-oriented, qualitative approach to policy support aims to promote discussion and debate with a wide range of stakeholders: from policy-makers to economists and from industry to civil society. Dii's report, ''Desert Power 2050'', shows the desirability and feasibility of a secure and stable power system for EUMENA based almost entirely on renewables. ''Desert Power 2050'', like Dii's country studies and reference projects, aims to promote the creation of markets for Wind, PV, and CSP in MENA. The second part of this report, ''Desert Power: Getting Started'', demonstrates specific pathways for enabling such markets in the coming years. It is generally assumed that a large number of jobs and a significant increase in economic

  17. Economic impact of uranium mining in Texas

    International Nuclear Information System (INIS)

    Leaming, G.F.

    1980-01-01

    The principal economic impacts are the result of three flows of money from the industry into the remainder of the state's economy. These are: money paid to individuals (personal income); money paid to other businesses (business income); and money paid to state and local governments (government revenues). Growth has come in a largely rural, seven-county area that lies within the triangle formed by the Laredo, San Antonio, and Corpus Christi metropolitan areas. 4 refs

  18. Review of Studies of the Economic Impact of the September 11, 2001, Terrorist Attacks on the World Trade Center

    Science.gov (United States)

    2002-05-29

    of the Budget, • New York City Partnership and Chamber of Commerce , Washington, DC 20548 Report Documentation Page Report Date 29MAY2002 Report Type...700R Impact of Terrorist Attacks on the World Trade Center 10 Eight Studies (cont’d) ! New York City Partnership and Chamber of Commerce , Economic...Center 29 Observations Observations The New York City Partnership and Chamber of Commerce study generated the most comprehensive estimates—direct and

  19. The Social and Economic Impacts of Space Weather (US Project)

    Science.gov (United States)

    Pulkkinen, A. A.; Bisi, M. M.; Webb, D. F.; Oughton, E. J.; Worman, S. L.; Taylor, S. M.; Onsager, T. G.; Adkins, J. E.; Baker, D. N.; Forbes, K. F.; Basoli, D.; Griot, O.

    2017-12-01

    The National Space Weather Action Plan calls for new research into the social and economic impacts of space weather and for the development of quantitative estimates of potential costs. In response to this call, NOAA's Space Weather Prediction Center (SWPC) and Abt Associates are working together to identify, describe, and quantify the impact of space weather to U.S. interests. This study covers impacts resulting from both moderate and severe space weather events across four technological sectors: Electric power, commercial aviation, satellites, and Global Navigation Satellite System (GNSS) users. It captures the full range of potential impacts, identified from an extensive literature review and from additional conversations with more than 50 sector stakeholders of diverse expertise from engineering to operations to end users. We organize and discuss our findings in terms of five broad but interrelated impact categories including Defensive Investments, Mitigating Actions, Asset Damages, Service Interruptions, and Health Effects. We also present simple, tractable estimates of the potential costs where we focused on quantifying a subset of all identified impacts that are apt to be largest and are also most plausible during moderate and more severe space weather scenarios. We hope that our systematic exploration of the social and economic impacts provides a foundation for the future work that is critical for designing technologies, developing procedures, and implementing policies that can effectively reduce our known and evolving vulnerabilities to this natural hazard.

  20. The economic impact of Mexico City's smoke-free law.

    Science.gov (United States)

    López, Carlos Manuel Guerrero; Ruiz, Jorge Alberto Jiménez; Shigematsu, Luz Myriam Reynales; Waters, Hugh R

    2011-07-01

    To evaluate the economic impact of Mexico City's 2008 smoke-free law--The Non-Smokers' Health Protection Law on restaurants, bars and nightclubs. We used the Monthly Services Survey of businesses from January 2005 to April 2009--with revenues, employment and payments to employees as the principal outcomes. The results are estimated using a differences-in-differences regression model with fixed effects. The states of Jalisco, Nuevo León and México, where the law was not in effect, serve as a counterfactual comparison group. In restaurants, after accounting for observable factors and the fixed effects, there was a 24.8% increase in restaurants' revenue associated with the smoke-free law. This difference is not statistically significant but shows that, on average, restaurants did not suffer economically as a result of the law. Total wages increased by 28.2% and employment increased by 16.2%. In nightclubs, bars and taverns there was a decrease of 1.5% in revenues and an increase of 0.1% and 3.0%, respectively, in wages and employment. None of these effects are statistically significant in multivariate analysis. There is no statistically significant evidence that the Mexico City smoke-free law had a negative impact on restaurants' income, employees' wages and levels of employment. On the contrary, the results show a positive, though statistically non-significant, impact of the law on most of these outcomes. Mexico City's experience suggests that smoke-free laws in Mexico and elsewhere will not hurt economic productivity in the restaurant and bar industries.

  1. Continuing to Confront COPD International Patient Survey: Economic Impact of COPD in 12 Countries.

    Science.gov (United States)

    Foo, Jason; Landis, Sarah H; Maskell, Joe; Oh, Yeon-Mok; van der Molen, Thys; Han, MeiLan K; Mannino, David M; Ichinose, Masakazu; Punekar, Yogesh

    2016-01-01

    The Continuing to Confront COPD International Patient Survey estimated the prevalence and burden of COPD across 12 countries. Using data from this survey we evaluated the economic impact of COPD. This cross-sectional, population-based survey questioned 4,343 subjects aged 40 years and older, fulfilling a case definition of COPD based on self-reported physician diagnosis or symptomatology. Direct cost measures were based on exacerbations of COPD (treated and those requiring emergency department visits and/or hospitalisation), contacts with healthcare professionals, and COPD medications. Indirect costs were calculated from work loss values using the Work Productivity and Activity Impairment scale. Combined direct and indirect costs estimated the total societal costs per patient. The annual direct costs of COPD ranged from $504 (South Korea) to $9,981 (USA), with inpatient hospitalisations (5 countries) and home oxygen therapy (3 countries) being the key drivers of direct costs. The proportion of patients completely prevented from working due to their COPD ranged from 6% (Italy) to 52% (USA and UK) with 8 countries reporting this to be ≥20%. Total societal costs per patient varied widely from $1,721 (Russia) to $30,826 (USA) but a consistent pattern across countries showed greater costs among those with increased burden of COPD (symptoms, health status and more severe disease) and a greater number of comorbidities. The economic burden of COPD is considerable across countries, and requires targeted resources to optimise COPD management encompassing the control of symptoms, prevention of exacerbations and effective treatment of comorbidities. Strategies to allow COPD patients to remain in work are important for addressing the substantial wider societal costs.

  2. Continuing to Confront COPD International Patient Survey: Economic Impact of COPD in 12 Countries.

    Directory of Open Access Journals (Sweden)

    Jason Foo

    Full Text Available The Continuing to Confront COPD International Patient Survey estimated the prevalence and burden of COPD across 12 countries. Using data from this survey we evaluated the economic impact of COPD.This cross-sectional, population-based survey questioned 4,343 subjects aged 40 years and older, fulfilling a case definition of COPD based on self-reported physician diagnosis or symptomatology. Direct cost measures were based on exacerbations of COPD (treated and those requiring emergency department visits and/or hospitalisation, contacts with healthcare professionals, and COPD medications. Indirect costs were calculated from work loss values using the Work Productivity and Activity Impairment scale. Combined direct and indirect costs estimated the total societal costs per patient.The annual direct costs of COPD ranged from $504 (South Korea to $9,981 (USA, with inpatient hospitalisations (5 countries and home oxygen therapy (3 countries being the key drivers of direct costs. The proportion of patients completely prevented from working due to their COPD ranged from 6% (Italy to 52% (USA and UK with 8 countries reporting this to be ≥20%. Total societal costs per patient varied widely from $1,721 (Russia to $30,826 (USA but a consistent pattern across countries showed greater costs among those with increased burden of COPD (symptoms, health status and more severe disease and a greater number of comorbidities.The economic burden of COPD is considerable across countries, and requires targeted resources to optimise COPD management encompassing the control of symptoms, prevention of exacerbations and effective treatment of comorbidities. Strategies to allow COPD patients to remain in work are important for addressing the substantial wider societal costs.

  3. Epidemics in Ming and Qing China: Impacts of changes of climate and economic well-being.

    Science.gov (United States)

    Pei, Qing; Zhang, David D; Li, Guodong; Winterhalder, Bruce; Lee, Harry F

    2015-07-01

    We investigated the mechanism of epidemics with the impacts of climate change and socio-economic fluctuations in the Ming and Qing Dynasties in China (AD 1368-1901). Using long-term and high-quality datasets, this study is the first quantitative research that verifies the 'climate change → economy → epidemics' mechanism in historical China by statistical methods that include correlation analysis, Granger causality analysis, ARX, and Poisson-ARX modeling. The analysis provides the evidences that climate change could only fundamentally lead to the epidemics spread and occurrence, but the depressed economic well-being is the direct trigger of epidemics spread and occurrence at the national and long term scale in historical China. Moreover, statistical modeling shows that economic well-being is more important than population pressure in the mechanism of epidemics. However, population pressure remains a key element in determining the social vulnerability of the epidemics occurrence under climate change. Notably, the findings not only support adaptation theories but also enhance our confidence to address climatic shocks if economic buffering capacity can be promoted steadily. The findings can be a basis for scientists and policymakers in addressing global and regional environmental changes. Copyright © 2015 Elsevier Ltd. All rights reserved.

  4. HUNGARY, POLAND, THE CZECH REPUBLIC AND RUSSIA: ECONOMIC GROWTH AND FOREIGN DIRECT INVESTMENTS

    Directory of Open Access Journals (Sweden)

    Dementiev N. P.

    2017-06-01

    Full Text Available The article examines the role of foreign direct investment (FDI in the economic development of Hungary, Poland and the Czech Republic in recent decades. It is shown that the high rates of economic growth achieved by these countries in the pre-crisis years were closely linked to large foreign loans. The governments placed special emphasis on the attraction of FDI in high-tech export industries having very high growth rates (motor vehicles, machinery, equipment, computers, electronics and optics. For this purpose, central banks maintained an undervalued exchange rate of national currencies. As a result, adverse foreign trade balance in each of the three countries has shown a surplus in recent years. Furthermore, the disadvantages of excessive foreign loans are listed: high interest and dividend payments to foreign investors, reduction of national and economic sovereignty. For example, more than half of the Czech economy is under the control of foreign investors. Foreign direct investment in the Russian economy is also briefly discussed. It is shown by comparing the data of the Bank of Russia and the Eurostat that more than half of FDI in Russia is made through so-called special purpose entities (SPE and would be only formally considered a direct investment.

  5. Direct evidence for impact winter following the Cretaceous-Paleogene bolide impact

    Science.gov (United States)

    Vellekoop, J.; Sluijs, A.; Smit, J.; Schouten, S.; Sinninghe Damsté, J. S.; Brinkhuis, H.

    2012-12-01

    The Cretaceous/Paleogene (K/Pg) boundary, ~65.5 Ma, marks a mass-extinction event related the impact of a large asteroid on the Yucatan peninsula, Mexico. Model scenarios predict that the explosive injection of dust and sulfate aerosols into the stratosphere blocked incoming solar radiation, resulting in a cooling pulse of months to several decades, a so-called 'impact winter', but thus far, proxy records lack sufficient resolution to evaluate this hypothesis. We report on a major, short-lived drop in sea surface temperatures (SSTs) recorded in an unusually well preserved and stratigraphically expanded K/Pg boundary site in Texas, USA, based on TEX86 paleothermometry. Critically, the cooling directly post-dates impact-related tsunami deposits, and coincides with the deposition of extraterrestrial iridium representing aerosol fall out, restricting the age of the cooling to the first months to decades after impact. We interpret this cooling to reflect the first direct evidence for the "impact winter" at the K/Pg boundary. The combination of darkness and cooling must have been a key contributory element in the extinctions of many biological clades, including the dinosaurs, flying reptiles and marine reptiles.

  6. Stakeholders' perception on including broader economic impact of vaccines in economic evaluations in low and middle income countries: a mixed methods study.

    Science.gov (United States)

    van der Putten, Ingeborg M; Evers, Silvia M A A; Deogaonkar, Rohan; Jit, Mark; Hutubessy, Raymond C W

    2015-04-10

    Current health economic evaluation guidelines mainly concentrate on immediate health gains and cost savings for the individual involved in the intervention. However, it has been argued that these guidelines are too narrow to capture the full impact of vaccination in low and middle income countries. The inclusion of broader economic impact of vaccines (BEIV) has therefore been proposed. Some examples of these are productivity-related gains, macro-economic impact, and different externalities. Despite their potency, the extent to which such benefits can and should be incorporated into economic evaluations of vaccination is still unclear. This mixed methods study aims to assess the relevance of BEIV to different stakeholders involved in the vaccine introduction decision making process. In this mixed method study an internet based survey was sent to attendees of the New and Underutilized Vaccines Initiative meeting in Montreux, Switzerland in 2011. Additionally, semi-structured interviews of 15 minutes each were conducted during the meeting. Study participants included decision makers, experts and funders of vaccines and immunization programs in low and middle income countries. Descriptive analysis of the survey, along with identification of common themes and factors extracted from the interviews and open survey questions was undertaken. Evidence on macro-economic impact, burden of disease and ecological effects were perceived as being most valuable towards aiding decision making for vaccine introduction by the 26 survey respondents. The 14 interviewees highlighted the importance of burden of disease and different types of indirect effects. Furthermore, some new interpretations of BEIVs were discussed, such as the potential negative impact of wastage during immunization programs and the idea of using vaccines as a platform for delivering other types of health interventions. Interviewees also highlighted the importance of using a broader perspective in connection to

  7. The spatial and temporal `cost' of volcanic eruptions: assessing economic impact, business inoperability, and spatial distribution of risk in the Auckland region, New Zealand

    Science.gov (United States)

    McDonald, Garry W.; Smith, Nicola J.; Kim, Joon-hwan; Cronin, Shane J.; Proctor, Jon N.

    2017-07-01

    Volcanic risk assessment has historically concentrated on quantifying the frequency, magnitude, and potential diversity of physical processes of eruptions and their consequent impacts on life and property. A realistic socio-economic assessment of volcanic impact must however take into account dynamic properties of businesses and extend beyond only measuring direct infrastructure/property loss. The inoperability input-output model, heralded as one of the 10 most important accomplishments in risk analysis over the last 30 years (Kujawaski Syst Eng. 9:281-295, 2006), has become prominent over the last decade in the economic impact assessment of business disruptions. We develop a dynamic inoperability input-output model to assess the economic impacts of a hypothetical volcanic event occurring at each of 7270 unique spatial locations throughout the Auckland Volcanic Field, New Zealand. This field of at least 53 volcanoes underlies the country's largest urban area, the Auckland region, which is home to 1.4 million people and responsible for 35.3% (NZ201481.2 billion) of the nation's GDP (Statistics New Zealand 2015). We apply volcanic event characteristics for a small-medium-scale volcanic eruption scenario and assess the economic impacts of an `average' eruption in the Auckland region. Economic losses are quantified both with, and without, business mitigation and intervention responses in place. We combine this information with a recent spatial hazard probability map (Bebbington and Cronin Bull Volcanol. 73(1):55-72, 2011) to produce novel spatial economic activity `at risk' maps. Our approach demonstrates how business inoperability losses sit alongside potential life and property damage assessment in enhancing our understanding of volcanic risk mitigation.

  8. Assessment of the impacts of oil: Opportunities and challenges for economic development in Sudan

    OpenAIRE

    Nour, Samia Satti Osman Mohamed

    2011-01-01

    This paper provides an assessment of the impacts of oil and discusses the opportunities and challenges for enhancing economic development in Sudan. One advantage of our analysis in this paper is that we provide a more comprehensive analysis using the most recent secondary data to discuss the positive and negative impacts of oil for enhancing economic development in Sudan. We explain that the various positive impacts of oil and the opportunities for enhancing development in Sudan's economy inc...

  9. Assessing the Impact of Financial Policies on Nigeria's Economic ...

    African Journals Online (AJOL)

    Assessing the Impact of Financial Policies on Nigeria's Economic Growth. ... Furthermore, it calls for effective implementation and monitoring of financial policies as well as adequate supervision of the financial sector by the relevant authorities to avoid lopsided compliance with financial and monetary guidelines. Keywords: ...

  10. Review of existing studies and unresolved problems associated with socio-economic impact of nuclear powerplants

    International Nuclear Information System (INIS)

    Hendrickson, P.L.; King, J.C.; O'Connell, M.S.

    1975-07-01

    Preparation of socio-economic impact statements for nuclear powerplants began only a few years ago. The number of these statements is increasing, and some states, such as Washington, now require them as a condition to state approval for thermal powerplants. The major purpose of this paper was to review existing socio-economic impact statements to identify where additional research to improve the impact analysis process would be useful and appropriate. A second purpose was to summarize the type of information included in existing statements. Toward this end a number of socio-economic impact statements were reviewed. Most of the statements are for nuclear power plants; however, some are for other large construction projects. The statements reviewed are largely predictive in nature; i.e., they attempt to predict socio-economic impacts based on the existing knowledge. A few of the reports contain retroactive case studies of plants already completed. One describes an ongoing monitoring analysis of plants under construction. As a result of this preliminary study, a need was identified for a better-defined impact statement methodology and for guidelines identifying appropriate areas for analysis and analytical techniques

  11. Pharmaceutical interventions for mitigating an influenza pandemic: modeling the risks and health-economic impacts.

    Science.gov (United States)

    Postma, Maarten J; Milne, George; Nelson, E Anthony S; Pyenson, Bruce; Basili, Marcello; Coker, Richard; Oxford, John; Garrison, Louis P

    2010-12-01

    Model-based analyses built on burden-of-disease and cost-effectiveness theory predict that pharmaceutical interventions may efficiently mitigate both the epidemiologic and economic impact of an influenza pandemic. Pharmaceutical interventions typically encompass the application of (pre)pandemic influenza vaccines, other vaccines (notably pneumococcal), antiviral treatments and other drug treatment (e.g., antibiotics to target potential complications of influenza). However, these models may be too limited to capture the full macro-economic impact of pandemic influenza. The aim of this article is to summarize current health-economic modeling approaches to recognize the strengths and weaknesses of these approaches, and to compare these with more recently proposed alternative methods. We conclude that it is useful, particularly for policy and planning purposes, to extend modeling concepts through the application of alternative approaches, including insurers' risk theories, human capital approaches and sectoral and full macro-economic modeling. This article builds on a roundtable meeting of the Pandemic Influenza Economic Impact Group that was held in Boston, MA, USA, in December 2008.

  12. The economic impact of Sandia National Laboratories on Central New Mexico and the State of New Mexico Fiscal Year 1998; ANNUAL

    International Nuclear Information System (INIS)

    Lansford, Robert R.; Adcock, Larry D.; Gentry, Lucille M.; Ben-David, Shaul; Temple, John

    1999-01-01

    impact of SNL activities on Central New Mexico and the economic impacts of SNL on the state of New Mexico. For purposes of this report, the Central New Mexico Region includes: Bernalillo, Sandoval, Valencia, and Torrance Counties (Figure 1). Total impact represents both direct and indirect resending by business, including induced effects (resending by households). The standard multipliers used in determining impacts result from the inter-industry, input-output models developed for the four-county region and the state of New Mexico

  13. Regional economic impacts of current and proposed management alternatives for Charles M. Russell National Wildlife Refuge

    Science.gov (United States)

    Koontz, Lynne; Sexton, Natalie; Ishizaki, Asuka; Ritten, John

    2013-01-01

    The National Wildlife Refuge System Improvement Act of 1997 requires all units of the National Wildlife Refuge System to be managed under a Comprehensive Conservation Plan (CCP). The CCP must describe the desired future conditions of a refuge and provide long-range guidance and management direction to achieve refuge purposes. Charles M. Russell (CMR) National Wildlife Refuge, located in north-central Montana, is in the process of developing a range of management goals, objectives, and strategies for the CCP. The CCP for the Refuge must contain an analysis of expected effects associated with current and proposed refuge-management strategies. For refuge CCP planning, an economic analysis provides a means of estimating how current management (No Action Alternative) and proposed management activities (Alternatives) affect the local economy. This type of analysis provides two critical pieces of information: (1) it illustrates a refuge’s contribution to the local community; and (2) it can help in determining whether economic effects are or are not a real concern in choosing among management alternatives. It is important to note that the economic value of a refuge encompasses more than just the impacts on the regional economy. Refuges also provide substantial nonmarket values (values for items not exchanged in established markets) such as maintaining endangered species, preserving wetlands, educating future generations, and adding stability to the ecosystem (Carver and Caudill, 2007). However, quantifying these types of nonmarket values is beyond the scope of this study. This report first presents a description of the local community and economy near the Refuge. Next, the methods used to conduct a regional economic impact analysis are described. An analysis of the final CCP management strategies that could affect stakeholders and residents and the local economy is then presented. The refuge management activities of economic concern in this analysis are:

  14. Economic contribution of recreating visitors to the Florida Keys/Key West

    Science.gov (United States)

    Donald B.K. English; Warren Kriesel; Vernon R Leeworthy; Peter C. Wiley

    1996-01-01

    This report provides estimates of the economic impact that visitors to the Florida Keys have on both the Monroe County and larger South Florida regional economies. Estimates are made for output/sales, income, and employment and include both direct and secondary economic impacts. This report provides the basis for demonstrating the income-producing asset value of the...

  15. THE STATE OF ECONOMIC FREEDOM IN UKRAINE AND ITS IMPACT ON COMPETITIVENESS

    Directory of Open Access Journals (Sweden)

    S. Mytsiuk

    2016-09-01

    Full Text Available The place of Ukraine in the world rankings, the level of economic freedom in Ukraine and its impact on competitiveness are considered in the article. The analysis of tendencies of development of Ukraine in the international arena is carried and competitiveness of the national economy is defined. The indices of global competitiveness and economic freedom are investigated. The basic components of these ratings are analyzed and correlation between economic freedom of the country and its competitiveness is proved. The macroeconomic and institutional factors of Ukraine's competitiveness increase on the world stage are identified. It has been found out that reduction of the competitiveness of Ukraine in the international rankings is connected with the political instability and foreign aggression. Since military confrontation in the Donbas region lead to a steady decline in general economic indicators, destruction of infrastructure, lower production, it has a negative impact on future international competitiveness ranking of Ukraine.

  16. Direct and indirect economic costs among private-sector employees with osteoarthritis.

    Science.gov (United States)

    Berger, Ariel; Hartrick, Craig; Edelsberg, John; Sadosky, Alesia; Oster, Gerry

    2011-11-01

    To estimate direct and indirect economic costs among private-sector employees with osteoarthritis (OA). Using a large US employer benefits database, we identified all employees with evidence of OA during calendar year 2007, and compared their costs of health care and work loss to age-and-sex-matched employees without evidence of OA in that year. Private-sector employees with OA (n = 2399) averaged 62.9 days of absenteeism versus 36.7 days among matched comparators (n = 2399) (P Private-sector employees with OA have higher direct and indirect costs than those without this condition.

  17. The Impact of Services on Economic Complexity: Service Sophistication as Route for Economic Growth.

    Science.gov (United States)

    Stojkoski, Viktor; Utkovski, Zoran; Kocarev, Ljupco

    2016-01-01

    Economic complexity reflects the amount of knowledge that is embedded in the productive structure of an economy. By combining tools from network science and econometrics, a robust and stable relationship between a country's productive structure and its economic growth has been established. Here we report that not only goods but also services are important for predicting the rate at which countries will grow. By adopting a terminology which classifies manufactured goods and delivered services as products, we investigate the influence of services on the country's productive structure. In particular, we provide evidence that complexity indices for services are in general higher than those for goods, which is reflected in a general tendency to rank countries with developed service sector higher than countries with economy centred on manufacturing of goods. By focusing on country dynamics based on experimental data, we investigate the impact of services on the economic complexity of countries measured in the product space (consisting of both goods and services). Importantly, we show that diversification of service exports and its sophistication can provide an additional route for economic growth in both developing and developed countries.

  18. The health economics of ankle and foot sprains and fractures: A systematic review of English-language published papers. Part 2: The direct and indirect costs of injury.

    Science.gov (United States)

    Bielska, Iwona A; Wang, Xiang; Lee, Raymond; Johnson, Ana P

    2017-07-20

    Ankle and foot sprains and fractures are prevalent injuries, which may result in substantial physical and economic consequences for the patient and place a financial burden on the health care system. Therefore, the objectives of this paper are to examine the direct and indirect costs of treating ankle and foot injuries (sprains, dislocations, fractures), as well as to provide an overview of the outcomes of full economic analyses of different treatment strategies. A systematic review was carried out among seven databases to identify English language publications on the health economics of ankle and foot injury treatment published between 1980 and 2014. The direct and indirect costs were abstracted by two independent reviewers. All costs were adjusted for inflation and reported in 2016 US dollars (USD). Among 2047 identified studies, 32 were selected for analysis. The direct costs of ankle sprain management ranged from $292 to $2268 per patient (2016 USD), depending on the injury severity and treatment strategy. The direct costs of managing ankle fractures were higher ($1908-$19,555). Foot fracture treatment had similar direct costs ranging from $998 to $21,801. The economic evaluations were conducted from the societal or payer's perspectives. The costs of treating ankle and foot sprains and fractures varied among the studies, mostly due to differences in injury type and study characteristics, which impacted the ability of directly comparing the financial burden of treatment. Nonetheless, the review showed that the costs experienced by the patient and the health care system increased with injury complexity. Copyright © 2017 Elsevier Ltd. All rights reserved.

  19. The economic impact of merger control legislation

    OpenAIRE

    Carletti, Elena; Hartmann, Philipp; Onega, Steven

    2007-01-01

    We construct a unique dataset of legislative reforms in merger control legislation that occurred in nineteen industrial countries in the period 1987-2004, and investigate the economic impact of these changes on stock prices. In line with the hypothesis that merger control should challenge anticompetitive mergers and thus limit future monopolistic profits, we find that the strengthening of merger control decreases the stock prices of non-financial firms. In contrast, we find that bank stock pr...

  20. The impact of socio-economic factors on the performance of ...

    African Journals Online (AJOL)

    The impact of socio-economic factors on the performance of community ... the work ethic and the level of participation in rural development performance ... the factors responsible for the poor performance of community development projects.

  1. Hospital-physician collaboration: landscape of economic integration and impact on clinical integration.

    Science.gov (United States)

    Burns, Lawton Robert; Muller, Ralph W

    2008-09-01

    Hospital-physician relationships (HPRs) are an important area of academic research, given their impact on hospitals' financial success. HPRs also are at the center of several federal policy proposals such as gain sharing, bundled payments, and pay-for-performance (P4P). This article analyzes the HPRs that focus on the economic integration of hospitals and physicians and the goals that HPRs are designed to achieve. It then reviews the literature on the impact of HPRs on cost, quality, and clinical integration. The goals of the two parties in HPRs overlap only partly, and their primary aim is not reducing cost or improving quality. The evidence base for the impact of many models of economic integration is either weak or nonexistent, with only a few models of economic integration having robust effects. The relationship between economic and clinical integration also is weak and inconsistent. There are several possible reasons for this weak linkage and many barriers to further integration between hospitals and physicians. Successful HPRs may require better financial conditions for physicians, internal changes to clinical operations, application of behavioral skills to the management of HPRs, changes in how providers are paid, and systemic changes encompassing several types of integration simultaneously.

  2. Socio–economic and environmental impact of crude oil exploration ...

    African Journals Online (AJOL)

    Socio–economic and environmental impact of crude oil exploration and production on agricultural production: a case study of Edjeba and Kokori communities in Delta State of ... The results also showed an increase in the occurrence of health hazard, air/noise pollution and heightened deforestation in these communities.

  3. THE IMPACT OF GLOBALIZATION AND GOVERNANCE ON LOCAL ECONOMIC DEVELOPMENT

    OpenAIRE

    Armenia ANDRONICEANU

    2013-01-01

    Globalization and the crises context have influenced the local economic development in Romania and determined the government to adapt its policies according to them. This paper presents part of the results of a specific research on the impact of globalization and the government policies to the local economic development. The sample was composed by small and medium size enterprises from Bucharest. They are specialized in export of products from three main areas. The research methodology includ...

  4. Personal Finances during the Economic and Financial Crisis

    OpenAIRE

    Ioana LUPASC; Adrian LUPASC

    2012-01-01

    The crisis is unfortunately a negative feature specific to recent years which has affected most areas of activity in many countries, including the powerful economical ones. As a direct consequence, the crisis has had a significant and direct impact on people's personal finances. In this paper we propose different solutions which lead to a better administration of personal finances, so that the involved actors to be able to manage difficult situations made by the economic and financial crisis....

  5. The Impact of External Debt on Economic Growth in Ghana: A ...

    African Journals Online (AJOL)

    A plethora of both cross-country and country-specific studies have been undertaken to estimate the impact of external debt on growth in developing countries. Their general findings though revealing need to be confirmed in Ghana. This paper estimates empirically the impact of external debt on economic growth in Ghana to ...

  6. Socio-economic impacts of nuclear generating stations: Arkansas Nuclear One Station case study

    International Nuclear Information System (INIS)

    Pijawka, K.D.

    1982-07-01

    This report documents a case study of the socio-economic impacts of the construction and operation of the Arkansas Nuclear One nuclear power station. It is part of a major post-licensing study of the socio-economic impacts at twelve nuclear power stations. The case study covers the period beginning with the announcement of plans to construct the reactor and ending in the period 1980 to 1981. The case study deals with changes in the economy, population, settlement patterns and housing, local government and public services, social structure, and public response in the study area during the construction/operation of the reactor. A regional modeling approach is used to trace the impact of construction/operation on the local economy, labor market, and housing market. Emphasis in the study is on the attribution of socio-economic impacts to the reactor or other causal factors. As part of the study of local public response to the construction/operation of the reactor, the effects of the Three Mile Island accident are examined

  7. Socio-economic impacts of nuclear generating stations: Crystal River Unit 3 case study

    International Nuclear Information System (INIS)

    Bergmann, P.A.

    1982-07-01

    This report documents a case study of the socio-economic impacts of the construction and operation of the Crystal River Unit 3 nuclear power station. It is part of a major post-licensing study of the socio-economic impacts at twelve nuclear power stations. The case study covers the period beginning with the announcement of plans to construct the reactor and ending in the period 1980 to 1981. The case study deals with changes in the economy, population, settlement patterns and housing, local government and public services, social structure, and public response in the study area during the construction/operation of the reactor. A regional modeling approach is used to trace the impact of construction/operation on the local economy, labor market, and housing market. Emphasis in the study is on the attribution of socio-economic impacts to the reactor or other causal factors. As part of the study of local public response to the construction/operation of the reactor, the effects of the Three Mile Island accident are examined

  8. The Economic Impacts of Climate Change on Agriculture: New Damage Functions from a Meta-Analsis and the GGCMI

    Science.gov (United States)

    Moore, F. C.; Baldos, U. L. C.; Hertel, T. W.; Diaz, D.

    2016-12-01

    Substantial advances have been made in recent years in understanding the effects of climate change on agriculture, but this is not currently represented in economic models used to quantify the benefits of reducing greenhouse gas emissions. In fact, the science regarding climate change impacts on agriculture in these models dates to the early 1990s or before. In this paper we derive new economic damage functions for the agricultural sector based on two methods for aggregating current scientific understanding of the impacts of warming on yields. We first present a new meta-analysis based on a review of the agronomic literature performed for the IPCC 5th Assessment Report and compare results from this approach with findings from the AgMIP Global Gridded Crop Model Intercomparison (GGCMI). We find yield impacts implied by the meta-analysis are generally more negative than those from the GGCMI, particularly at higher latitudes, but show substantial agreement in many areas. We then use both yield products as input to the Global Trade Analysis Project (GTAP) computable general equilibrium (CGE) model in order to estimate the welfare consequences of these yield shocks and to produce two new economic damage functions. These damage functions are consistently more negative than the current representation of agricultural damages in Integrated Asessment Models (IAMs), in some cases substantially so. Replacing the existing damage functions with those based on more recent science increases the social cost of carbon (SCC) by between 43% (GGCMI) and 143% (Meta-Analysis). In addition to presenting a new mutli-crop, multi-model gridded yield impact prouct that complements the GGCMI, this is also the first end-to-end study that directly links the biophysical impacts of climate change to the SCC, something we believe essential to improving the integrity of IAMs going forward.

  9. Office of Economic Impact and Diversity 2003 annual report

    Energy Technology Data Exchange (ETDEWEB)

    None, None

    2004-05-01

    This report covers a one-year period in which the Office successfully completed several major activities. The Office of Economic Impact and Diversity (ED) is responsible for the development and implementation of Department-wide polices in the areas of small business, diversity and minority economic development. ED oversees civil rights laws, rules, and regulations, and establishes Department-wide civil rights policy. Additionally, ED promotes excellence in the workplace and adheres to the objectives stated below relative to the President’s Management Agenda (PMA): Strategic management of human capital; Competitive sourcing; Improved financial performance; Expanded electronic government, and Budget and performance integration

  10. An evaluation grid for the assessments of macro-economic impacts of energy transition. Working paper Nr 48

    International Nuclear Information System (INIS)

    Ouvrard, Jean-Francois; Scapecchi, Pascale

    2014-05-01

    This study aims at comparing the main available macro-economic models used to assess the consequences of policies for energy transition, and at determining their scope and limitations of validity. More precisely, the authors study the impact of two categories of policy instruments (those aimed at modifying prices and incentive ones) and the role of the adopted modelling of technical progress and of the macro-economic closure of the model. In a first part, they present various tools or models used to assess economic impacts of energy transition: technical-economic, macro-economic, general balance, and hybrid models. Then, after a presentation of some principles adopted to analyse these various models, the authors discuss price-based tools, tools based on demand support, the key role of technological progress, the impact of the macro-economic closure on the reached objective. They finally discuss the results obtained by applying an evaluation grid to energy transition scenarios. A set of recommendations is finally proposed for a better assessment of these impacts

  11. Economic impacts on the United States of siting decisions for the International Thermonuclear Experimental Reactor

    International Nuclear Information System (INIS)

    Peerenboom, J.P.; Wolsko, T.D.; Hanson, M.E.

    1997-01-01

    This paper presents the results of a study that examines and compares the probable short-term economic impacts of the International Thermonuclear Experimental Reactor (ITER) on the United States (U.S.) if (1) ITER were to be sited in the U.S., or (2) ITER were to be sited in one of the other countries that along with the U.S., is currently participating in the ITER program. Life-cycle costs associated with ITER construction, operation, and decommissioning are analyzed to assess their economic impact. A number of possible U.S. host and U.S. non-host technology and cost-sharing arrangements with the other ITER Parties are examined, although cost-sharing arrangements and the process by which the Parties will select a host country and an ITER site remain open issues. Both national and local/regional economic impacts, as measured by gross domestic product, regional output, employment, net exports, and income, are considered. These impacts represent a portion of the complex, interrelated set of economic considerations that characterize U.S. host and U.S. non-host participation in ITER. A number of other potentially important economic and noneconomic considerations are discussed qualitatively

  12. Economic impacts on the United States of siting decisions for the international thermonuclear experimental reactor

    International Nuclear Information System (INIS)

    Peerenboom, J.P.; Hanson, M.E.; Huddleston, J.R.

    1996-08-01

    This report presents the results of a study that examines and compares the probable short-term economic impacts of the International Thermonuclear Experimental Reactor (ITER) on the United States (U.S.) if (1) ITER were to be sited in the U.S., or (2) ITER were to be sited in one of the other countries that, along with the U.S., is currently participating in the ITER program. Life-cycle costs associated with ITER construction, operation, and decommissioning are analyzed to assess their economic impact. A number of possible U.S. host and U.S. non-host technology and cost-sharing arrangements with the other ITER Parties are examined, although cost-sharing arrangements and the process by which the Parties will select a host country and an ITER site remain open issues. Both national and local/regional economic impacts, as measured by gross domestic product, regional output, employment, net exports, and income, are considered. These impacts represent a portion of the complex, interrelated set of economic considerations that characterize U.S. host and U.S. non-host participation in ITER. A number of other potentially important economic and noneconomic considerations are discussed qualitatively

  13. Economic impacts on the United States of siting decisions for the international thermonuclear experimental reactor

    Energy Technology Data Exchange (ETDEWEB)

    Peerenboom, J.P.; Hanson, M.E.; Huddleston, J.R. [and others

    1996-08-01

    This report presents the results of a study that examines and compares the probable short-term economic impacts of the International Thermonuclear Experimental Reactor (ITER) on the United States (U.S.) if (1) ITER were to be sited in the U.S., or (2) ITER were to be sited in one of the other countries that, along with the U.S., is currently participating in the ITER program. Life-cycle costs associated with ITER construction, operation, and decommissioning are analyzed to assess their economic impact. A number of possible U.S. host and U.S. non-host technology and cost-sharing arrangements with the other ITER Parties are examined, although cost-sharing arrangements and the process by which the Parties will select a host country and an ITER site remain open issues. Both national and local/regional economic impacts, as measured by gross domestic product, regional output, employment, net exports, and income, are considered. These impacts represent a portion of the complex, interrelated set of economic considerations that characterize U.S. host and U.S. non-host participation in ITER. A number of other potentially important economic and noneconomic considerations are discussed qualitatively.

  14. Regional Investment Policy Under The Impact Of Budget Limitations And Economic Sanctions

    OpenAIRE

    Avramenko, Yelena S.; Vlasov, Semyon V.; Lukyanov, Sergey A.; Temkina, Irina M.

    2018-01-01

    This article presents the results of research on the impact which budget limitations and economic sanctions have had on regional investment policy External sanctions and sluggish economic growth have affected the social and economic development of the region. Relying on the results of comparative and statistical analysis, the article demonstrates the need for altering the focus of current investment policy from quantitative growth to qualitative enhancement. The article analyses a new trend i...

  15. The economic impact of Los Alamos National Laboratory on north-central New Mexico and the state of New Mexico fiscal year 1998; TOPICAL

    International Nuclear Information System (INIS)

    Lansford, R.R.; Adcock, L.D.; Gentry, L.M.; Ben-David, S.

    1999-01-01

    Los Alamos National Laboratory (LANL) is a multidisciplinary, multiprogram laboratory with a mission to enhance national military and economic security through science and technology. Its mission is to reduce the nuclear danger through stewardship of the nation's nuclear stockpile and through its nonproliferation and verification activities. An important secondary mission is to promote US industrial competitiveness by working with US companies in technology transfer and technology development partnerships. Los Alamos is involved in partnerships and collaborations with other federal agencies, with industry (including New Mexico businesses), and with universities worldwide. For this report, the reference period is FY 1998 (October 1, 1997, through September 30, 1998). It includes two major impact analysis: the impact of LANL activities on north-central New Mexico and the economic impacts of LANL on the state of New Mexico. Total impact represents both direct and indirect responding by business, including induced effects (responding by households). The standard multipliers used in determining impacts result from the inter-industry, input-output models developed for the three-county region and the state of New Mexico

  16. The economic impact of pig-associated parasitic zoonosis in Northern Lao PDR.

    Science.gov (United States)

    Choudhury, Adnan Ali Khan; Conlan, James V; Racloz, Vanessa Nadine; Reid, Simon Andrew; Blacksell, Stuart D; Fenwick, Stanley G; Thompson, Andrew R C; Khamlome, Boualam; Vongxay, Khamphouth; Whittaker, Maxine

    2013-03-01

    The parasitic zoonoses human cysticercosis (Taenia solium), taeniasis (other Taenia species) and trichinellosis (Trichinella species) are endemic in the Lao People's Democratic Republic (Lao PDR). This study was designed to quantify the economic burden pig-associated zoonotic disease pose in Lao PDR. In particular, the analysis included estimation of the losses in the pork industry as well as losses due to human illness and lost productivity. A Markov-probability based decision-tree model was chosen to form the basis of the calculations to estimate the economic and public health impacts of taeniasis, trichinellosis and cysticercosis. Two different decision trees were run simultaneously on the model's human cohort. A third decision tree simulated the potential impacts on pig production. The human capital method was used to estimate productivity loss. The results found varied significantly depending on the rate of hospitalisation due to neurocysticerosis. This study is the first systematic estimate of the economic impact of pig-associated zoonotic diseases in Lao PDR that demonstrates the significance of the diseases in that country.

  17. The Impact of the Global Economic Crisis on Cambodia

    OpenAIRE

    Pisey Khin; Ryuta Ray Kato

    2010-01-01

    We numerically examine the impact of the global economic crisis on the Cambodian garment exports as well as its economy by using the conventional CGE model. A seminal aspect of the paper is that we have successfully estimated the curvature of the CET and CES production functions for the Cambodian economy, by using the time series regression method. One of our most striking results indicates that the welfare cost of the impact of the crisis at least reaches 281 million US dollars, thus resulti...

  18. Facets of Economic and Financial Crisis Impact on Strategic Planning of travel Agencies

    Directory of Open Access Journals (Sweden)

    Claudia E. Tuclea

    2014-11-01

    Full Text Available The purpose of this paper is to explore the strategic behavior of travel agencies in Romania and their strategy development process before and during the current economic crisis. Using 88 in-depth interviews with Romanian managers of travel agencies of different sizes, we pursued the understanding the extent to which they use strategic management, the role of strategic management on leading travel agencies before and during the crisis, and the changes of their strategic planning process due to the crisis. The research also aims to identify how they perceive the impact of the crisis on the business environment and the behavior of competitors. The findings suggest that, at first, travel agencies followed an informal strategic planning process, with a high emphasis on the short-term objectives given the turbulence of the environment affected by the economic crisis. This turned into a tougher emphasis put on financial and cutting costs measures. The crisis prolonged and the managers rediscovered the role of strategy, trying to find new ways of creating value for the customers, reconsidering the role of competitive advantage. The paper offers an image of strategic management processes of travel agencies and the changes in their strategic direction and behavior as a result of the financial and economic crisis, approaching a well-defined theoretical and practical need.

  19. Evaluation the potential economic impacts of Taiwanese biomass energy production

    International Nuclear Information System (INIS)

    Chen, Chi-Chung; McCarl, Bruce; Chang, Ching-Cheng; Tso, Chunto

    2011-01-01

    The Taiwanese rice paddy land set-aside program diverts a substantial land area. Given today's high energy prices and interests in energy security, that set-aside area could be converted to produce bioenergy feedstocks. This study evaluates the economic and environmental impacts of such a policy change using a Taiwanese agricultural sector model. The results show that such a strategy provides increased farm revenue, increased rural employment, increased energy sufficiency and reduced greenhouse gas emissions but also increased government expenditures. These outcomes indicate that the agricultural sector could play a positive role by producing renewable energy. -- Highlights: → This paper evaluates the economic and environmental impacts of converting set-aside area to produce bioenergy feedstocks. → Taiwanese agricultural sector model is built and applied to evaluate such impacts. → The empirical results show that producing bioenergy using set-aside area could provide increased farm revenue, increased rural employment, increased energy sufficiency and reduced greenhouse gas emissions but also increased government expenditures. → Agricultural sector in Taiwan could play a positive role by producing renewable energy.

  20. ECONOMIC GROWTH AND IMPACT FACTORS IN COUNTRIES OF CENTRAL AND EASTERN EUROPE

    Directory of Open Access Journals (Sweden)

    Bogdan Florin FILIP

    2015-07-01

    Full Text Available This paper starts from the premise that the performance of the economies of different countries, respectively their economic growth, is sinthtically expressed by the GDP growth indicator, whose dynamics evolves under the impact of a variety of determining factors, including some of financial-monetary nature. Thus, there are highlighted specific causal linkages and influences of economic and financial factors represented by certain indicators (inflation, unemployment, exports as percentage of GDP, imports as percentage of GDP, domestic credit as percentage of GDP, non-performing loans rate to GDP growth rate, by using econometric methods. Much of the paper is focused on on shaping an econometric model in which GDP growth rate is dependent variable and the other mentioned indicators are impact factors, respectively determinant variables. Along the mentioned determining factors, in our model is evaluated also the impact of the manifestation of the recent financial crisis, considering it as an additional determinant dummy variable. By processing the data for a group of countries of Central and Eastern Europe over the period 2000-2013, there result findings on the impact of each of the determining factors on the economic growth in the countries concerned and are formulated the appropriate assessments and conclusions.