ENTREPRENEURSHIP AND ECONOMIC PERFORMANCE

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HORAŢIU ŞOIM

2013-12-01

Full Text Available The problems of wealth and economic performance are old but despite their importance we have not a final answer on them. Besides the standard production factors usually stresed when we analyze economic performance and growth, land, labor and capital, we approach institutions in general and entrepreneurial culture in particular. In this paper we analyze the relationship between entreprenurship, defined by many dimensions derived from the study „Entrepreneurship in the EU and beyond.” requested by European Comission to the Gallup Internaitional, and economic performance measured by GDP/capita. The results show that countries where there is a strong entrepreneurial culture that promote initiative, opportunity seeking, risk taking aare doing better in terms of development level and wealth. At the same time the countries where the entrepreneurs have a good image in society, and thus promote entrepreneurship, are doing beter than the other countries.

Causal Dynamic Relationships between Political–Economic Factors and Export Performance in the Renewable Energy Technologies Market

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Bongsuk Sung

2018-04-01

Full Text Available This study explores how political–economic forces could affect export performance in the renewable energy technologies market. We conduct panel framework analyses to verify the characteristics of panel data for 19 countries before establishing the panel estimator meant to test the effects of political–economic forces on export specialization. We consider the results of the panel framework analyses and develop an empirical model to test casual dynamic relationships between political–economic forces and export performance. The results from the least squares dummy variable-corrected estimation indicate that the major factors promoting the export specialization of renewable energy technologies are, in order of decreasing importance, public pressure, market size, and government demand-pull policy. However, the traditional energy industry has no significant effect on export performance. Finally, this study finds that dynamic effects exist in all estimations.

Le realizzazioni dell'economia sovietica. (Soviet economic performance

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A. MADDISON

2014-07-01

Full Text Available While in the 1950s Soviet output grew faster than most other industrial countries, the early 1960s has seen a noticeable slowing down in growth. The present paper puts these economic developments into perspective to judge the efficacy of Soviet policy in its attempt to achieve maximum growth and transform an underdeveloped into a developed country. The author first assesses Soviet performance and policy at different stages of development, before assessing the level attained. The purposes for which output is used and the major factors responsible for Soviet performance are then analysed. Finally, likely future developments are considered.JEL: P27, O40

Economic performances optimization of the transcritical Rankine cycle systems in geothermal application

International Nuclear Information System (INIS)

Yang, Min-Hsiung; Yeh, Rong-Hua

2015-01-01

Highlights: • The optimal economic performance of the TRC system are investigated. • In economic evaluations, R125 performs the most satisfactorily, followed by R41 and CO 2 . • The TRC system with CO 2 has the largest averaged temperature difference. • Economic optimized pressures are always lower than thermodynamic optimized operating pressures. - Abstract: The aim of this study is to investigate the economic optimization of a TRC system for the application of geothermal energy. An economic parameter of net power output index, which is the ratio of net power output to the total cost, is applied to optimize the TRC system using CO 2 , R41 and R125 as working fluids. The maximum net power output index and the corresponding optimal operating pressures are obtained and evaluated for the TRC system. Furthermore, the analyses of the corresponding averaged temperature differences in the heat exchangers on the optimal economic performances of the TRC system are carried out. The effects of geothermal temperatures on the thermodynamic and economic optimizations are also revealed. In both optimal economic and thermodynamic evaluations, R125 performs the most satisfactorily, followed by R41 and CO 2 in the TRC system. In addition, the TRC system operated with CO 2 has the largest averaged temperature difference in the heat exchangers and thus has potential in future application for lower-temperature heat resources. The highest working pressures obtained from economic optimization are always lower than those from thermodynamic optimization for CO 2 , R41, and R125 in the TRC system

Forecasting oilfield economic performance

International Nuclear Information System (INIS)

Bradley, M.E.; Wood, A.R.O.

1994-01-01

This paper presents a general method for forecasting oilfield economic performance that integrates cost data with operational, reservoir, and financial information. Practices are developed for determining economic limits for an oil field and its components. The economic limits of marginal wells and the role of underground competition receive special attention. Also examined is the influence of oil prices on operating costs. Examples illustrate application of these concepts. Categorization of costs for historical tracking and projections is recommended

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

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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.

26 CFR 1.461-4 - Economic performance.

Science.gov (United States)

2010-04-01

...) In general. The principles of this paragraph (d) determine when economic performance occurs with... 26 Internal Revenue 6 2010-04-01 2010-04-01 false Economic performance. 1.461-4 Section 1.461-4...) INCOME TAXES Taxable Year for Which Deductions Taken § 1.461-4 Economic performance. (a) Introduction—(1...

Using the ICF in economic analyses of Assistive Technology systems: methodological implications of a user standpoint.

Science.gov (United States)

Schraner, Ingrid; De Jonge, Desleigh; Layton, Natasha; Bringolf, Jane; Molenda, Agata

2008-01-01

This paper identifies key methodological issues for economic analyses of costs and effectiveness of Assistive Technology (AT) systems based on the International Classification of Functioning, Disability and Health (ICF). Following the biopsychosocial model of the ICF, the paper explores the consequences for cost-effectiveness analyses of AT systems when a user centred approach is taken. In so doing, the paper questions the fiction of neutrality in economic analyses and discusses the distinction between weak and strong objectivity. Costs are measured as all resources used when providing a particular level of environmental facilitators and reducing environmental barriers for an AT user, while effectiveness is measured in terms of the resulting increase in activities and participation of the AT user. The ICF's fourth qualifier for activities and participation, which denotes performance without assistance is used to identify the additional performance achieved due to the particular environmental factors in the current situation (first qualifier). A fifth qualifier for activities and participation is introduced to denote performance with optimal assistance, and the fourth qualifier is then again used to identify the increase in activities and participation due to the environmental factors in the situation with optimal assistance. The effectiveness that an AT user achieves in his or her current situation can be compared with the effectiveness he or she could achieve when provided with what is considered an optimal AT system based on current technologies and user priorities. This comparison throws into sharp relief the role of AT systems as well as of universal design (UD) in reducing environmental barriers for AT users in a way that is cost-effective for society as a whole. Cost-effectiveness analysis based on the ICF can provide powerful economic evidence for how best to allocate existing funding for AT systems. We can identify three particular scenarios in which clear

Knowledge gaps in economic analyses of advanced reactor concepts

International Nuclear Information System (INIS)

Moore, M.; Pencer, J.; Leung, L.K.H.; Sadhankar, R.

2014-01-01

The development of next generation nuclear systems is predicated on improvement in sustainability, safety, proliferation resistance and economics. The economic assessment of the reactor concept is required as early as in the concept development stage. The Generation IV International Forum (GIF) has developed a methodology for economic assessment of the Generation IV (GEN-IV) nuclear energy systems. The GIF economics methodology was used for the assessment of one of the reactor concepts for the Super-Critical Water-cooled Reactors (SCWR), namely the European pressure-vessel type concept referred to as the High Performance Light Water Reactor (HPLWR). The economic analysis involved studying the sensitivity of two main economic indicators, namely, the Levelized Unit Electricity Cost (LUEC) and the Total Capital Investment Cost (TCIC). The knowledge gaps in estimating the capital costs and fuel costs, as well as the uncertainties in other cost parameters affecting the economic assessment of the nuclear energy system in the concept development stage are presented. (author)

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

OpenAIRE

Ivana Blažková

2016-01-01

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 abou...

Considerazioni sullo sviluppo economico del Giappone. (Japanese economic performance

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A. MADDISON

2014-07-01

Full Text Available Japan is the only non-European country to have made the transition from being underdeveloped. Over the past century it has had the fastest growth rate of any country, and in the past decade has outpaced all other countries. More than in any other developed country except the U.S.S.R., Japanese growth has represented a deliberate effort of government policy. The Japanese experience is therefore of particular relevance to developing countries, and its recent performance also raises important queries for Europe. The present article analyses Japan’s economic performance considering whether ideas on feasible growth rates need be revised, to what extent Japan has succeeded in achieving maximum growth, and if its experience is transferable. The author first details the stages of Japan’s growth, before analysing the level of productivity and use of resources. The business cycle is then considered as well as the factors affecting growth performance. The author then examines the lessons of the Japanese experience for developing countries and finally the prospects for the future.JEL: O53

Quality assessment of published health economic analyses from South America.

Science.gov (United States)

Machado, Márcio; Iskedjian, Michael; Einarson, Thomas R

2006-05-01

Health economic analyses have become important to healthcare systems worldwide. No studies have previously examined South America's contribution in this area. To survey the literature with the purpose of reviewing, quantifying, and assessing the quality of published South American health economic analyses. A search of MEDLINE (1990-December 2004), EMBASE (1990-December 2004), International Pharmaceutical Abstracts (1990-December 2004), Literatura Latino-Americana e do Caribe em Ciências da Saúde (1982-December 2004), and Sistema de Informacion Esencial en Terapéutica y Salud (1980-December 2004) was completed using the key words cost-effectiveness analysis (CEA), cost-utility analysis (CUA), cost-minimization analysis (CMA), and cost-benefit analysis (CBA); abbreviations CEA, CUA, CMA, and CBA; and all South American country names. Papers were categorized by type and country by 2 independent reviewers. Quality was assessed using a 12 item checklist, characterizing scores as 4 (good), 3 (acceptable), 2 (poor), 1 (unable to judge), and 0 (unacceptable). To be included in our investigation, studies needed to have simultaneously examined costs and outcomes. We retrieved 25 articles; one duplicate article was rejected, leaving 24 (CEA = 15, CBA = 6, CMA = 3; Brazil = 9, Argentina = 5, Colombia = 3, Chile = 2, Ecuador = 2, 1 each from Peru, Uruguay, Venezuela). Variability between raters was less than 0.5 point on overall scores (OS) and less than 1 point on all individual items. Mean OS was 2.6 (SD 1.0, range 1.4-3.8). CBAs scored highest (OS 2.8, SD 0.8), CEAs next (OS 2.7, SD 0.7), and CMAs lowest (OS 2.0, SD 0.5). When scored by type of question, definition of study aim scored highest (OS 3.0, SD 0.8), while ethical issues scored lowest (OS 1.5, SD 0.9). By country, Peru scored highest (mean OS 3.8) and Uruguay had the lowest scores (mean OS 2.2). A nonsignificant time trend was noted for OS (R2 = 0.12; p = 0.104). Quality scores of health economic analyses

Introduction: economic performance and small business

NARCIS (Netherlands)

A.R. Thurik (Roy)

1996-01-01

textabstractThis paper introduces the special issue of Small business Economics on Performance. The concept of economic performance refers to the degree to which society's resources are being used as efficiently as possible. Where the field of industrial organization has emphasized the influence of

Environmental Proactivity and Environmental and Economic Performance: Evidence from the Winery Sector

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Virginia Barba-Sánchez

2016-10-01

Full Text Available Environmental sustainability in the winery sector is receiving increased attention from governments, environmental groups, and consumers. The aim of this study is to explore the relationship between the degree of proactivity of a firm’s environmental strategies and its business performance. The novelty of this research work lies in its definition of business performance, which includes business environmental performance in terms of reducing the firm’s environmental impacts and eco-efficiency in the use of resources such as water, energy, and raw materials, in addition to its economic performance. A model is proposed and tested using a sample of 312 Spanish wineries. Data were analysed using partial least squares path modelling (PLS-PM. The fitness and robustness of the structural model proved adequate. The results indicate positive correlation of environmental proactivity with economic and environmental performance. Although environmental proactivity improves business performance, it has a greater impact on reducing environmental impacts and improving eco-efficiency.

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

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.

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

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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.

The odd couple: The relationship between state economic performance and carbon emissions economic intensity

International Nuclear Information System (INIS)

Davidsdottir, B.; Fisher, M.

2011-01-01

Historical time trends indicate that both carbon and energy intensity have declined in the United States over the last several decades, while economic performance, as measured by per capita GSP, has improved. This observation indicates that it may be possible to reduce carbon intensity without a reduction in economic performance. This paper assesses using panel analysis, the empirical relationship between carbon emissions intensity and economic performance, and examines the direction of causality between the two variables. Data for the analysis covered 48 states, excluding Hawaii, Alaska, and Washington DC, from 1980 to 2000. The results indicate significant bi-directional relationship between carbon emissions intensity and state economic performance, both using an aggregate indicator for carbon emissions intensity, decomposed using Laspeyres indexes and disaggregated by sector. This implies that it should be possible to implement statewide and sector-specific policies to reduce energy and carbon intensity and at the same time improve economic performance. - Highlights: → The empirical relationship between carbon emissions intensity and economic performance is assessed → The direction of causality between the two variables is examined. → Results indicate significant relationship between carbon emissions intensity and state economic performance. → Relationship is bi-directional, and holds for both aggregate analysis and by sector. → It is possible to implement policies to reduce carbon intensity and improve economic performance.

THE RELEVANCE OF ECONOMIC INFORMATION IN ANALYZING THE ECONOMIC PERFORMANCE

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PATRUTA MIRCEA IOAN

2017-12-01

Full Text Available The performance analysis is based on an informational system, which provides financial information in various formatsand with various applicabilities.We intend to formulate a set of important caracteristics of financial information along with identifying a set of relevant financial rates and indicatorsused to appreciate the performance level of a company. Economic performance can be interpreted in different ways at each level of analysis. Generally, it refers to economic growth, increased productivity and profitability. The growth of labor productivity or increased production per worker is a measure of efficient use of resources in value creation.

Local versus Global Environmental Performance of Dairying and Their Link to Economic Performance: A Case Study of Swiss Mountain Farms

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Nina Repar

2016-12-01

Full Text Available Complying with the carrying capacity of local and global ecosystems is a prerequisite to ensure environmental sustainability. Based on the example of Swiss mountain dairy farms, the goal of our research was firstly to investigate the relationship between farm global and local environmental performance. Secondly, we aimed to analyse the relationship between farm environmental and economic performance. The analysis relied on a sample of 56 Swiss alpine dairy farms. For each farm, the cradle-to-farm-gate life cycle assessment was calculated, and the quantified environmental impacts were decomposed into their on- and off-farm parts. We measured global environmental performance as the digestible energy produced by the farm per unit of global environmental impact generated from cradle-to-farm-gate. We assessed local environmental performance by dividing farm-usable agricultural area by on-farm environmental impact generation. Farm economic performance was measured by work income per family work unit, return on equity and output/input ratio. Spearman’s correlation analysis revealed no significant relationship, trade-offs or synergies between global and local environmental performance indicators. Interestingly, trade-offs were observed far more frequently than synergies. Furthermore, we found synergies between global environmental and economic performance and mostly no significant relationship between local environmental and economic performance. The observed trade-offs between global and local environmental performance mean that, for several environmental issues, any improvement in global environmental performance will result in deterioration of local environmental performance and vice versa. This finding calls for systematic consideration of both dimensions when carrying out farm environmental performance assessments.

Corporate sustainability: environmental, social, economic and corporate performance

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Alena Kocmanová

2011-01-01

Full Text Available The article deals with corporate sustainability and environmental and social issues of the integration of corporate performance measurement that may lead to sustainable economic success. Sustainability is a strategy of the process of sustainable development. Sustainability of businesses and sustainable performance can be defined as an integration of environmental, social and economic performance. First and foremost, businesses will want to know what indicators can be used to measure environmental, social and economic performance. What is the mutual relationship between environmental, social and economic performance? How can firms arrive at a comprehensive assessment of their performance in relation to sustainability? The aim of this paper is to analyze corporate environmental, social and economic performance and to analyze their mutual relationships. The final part of the article is an assessment of the contemporary situation and draft Key Performance Indicators (KPI for assessment of corporate sustainability that will be the subject of further research in a selected NACE-CZ sector and in accordance with Corporate Sustainability Reporting. KPI provide businesses with a means of measuring progress toward achieving objectives.

Environmental and Economic Performance: Ecoinnovation Practices in Biodigesters of Cassava Processing Companies

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Alexandre Rodrigues da Silva

2016-12-01

Full Text Available Biomass, considered one of the main sources of alternative energy, originates from residual organic material such as the cassava crop. Biodigesters are capable of transforming these residuals into biogas and biofertilizers. This allows a reduction of almost 80% in the residual organic material being deposited in the earth or rivers, avoiding deposits accumulating on riverbeds and negative environmental impacts. It also allows substantial savings in terms of energy. The general aim of this study is to investigate, with the implementation of biodigesters, how eco-innovation practices contribute to the economic and environmental performance of cassava processing companies in Paraná State. Through qualitative research, the method employed an exploratory approach and intensive multiple-case analyses, with data collected through semi-structured interviews. The study showed that the eco-innovation practices that were adopted aided the economic and environmental performance of the companies in question. The study contributes to academia with scientific research on biodigester technology using the residual organic material of cassava for sustainable development. It also contributes to the corporate universe by demonstrating an opportunity for sustainable innovation with improved economic and environmental performance, which can be extrapolated to other industrial segments.

Energy, exergy, economic (3E) analyses and multi-objective optimization of vapor absorption heat transformer using NSGA-II technique

International Nuclear Information System (INIS)

Jain, Vaibhav; Sachdeva, Gulshan

2017-01-01

Highlights: • Study includes energy, exergy and economic analyses of absorption heat transformer. • It addresses multi-objective optimization study using NSGA-II technique. • Total annual cost and total exergy destruction are simultaneously optimized. • Results with multi-objective optimized design are more acceptable than other. - Abstract: Present paper addresses the energy, exergy and economic (3E) analyses of absorption heat transformer (AHT) working with LiBr-H 2 O fluid pair. The heat exchangers namely absorber, condenser, evaporator, generator and solution heat exchanger are designed for the size and cost estimation of AHT. Later, the effect of operating variables is examined on the system performance, size and cost. Simulation studies showed a conflict between thermodynamic and economic performance of the system. The heat exchangers with lower investment cost showed high irreversible losses and vice versa. Thus, the operating variables of systems are determined economically as well as thermodynamically by implementing non-dominated sort genetic algorithm-II (NSGA-II) technique of multi-objective optimization. In present work, if the cost based optimized design is chosen, total exergy destruction is 2.4% higher than its minimum possible value; whereas, if total exergy based optimized design is chosen, total annual cost is 6.1% higher than its minimum possible value. On the other hands, total annual cost and total exergy destruction are only 1.0% and 0.8%, respectively more from their minimum possible values with multi-objective optimized design. Thus, the multi-objective optimized design of the AHT is best outcome than any other single-objective optimized designs.

Approaches towards airport economic performance measurement

Directory of Open Access Journals (Sweden)

Ivana STRYČEKOVÁ

2011-01-01

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

How often do sensitivity analyses for economic parameters change cost-utility analysis conclusions?

Science.gov (United States)

Schackman, Bruce R; Gold, Heather Taffet; Stone, Patricia W; Neumann, Peter J

2004-01-01

There is limited evidence about the extent to which sensitivity analysis has been used in the cost-effectiveness literature. Sensitivity analyses for health-related QOL (HR-QOL), cost and discount rate economic parameters are of particular interest because they measure the effects of methodological and estimation uncertainties. To investigate the use of sensitivity analyses in the pharmaceutical cost-utility literature in order to test whether a change in economic parameters could result in a different conclusion regarding the cost effectiveness of the intervention analysed. Cost-utility analyses of pharmaceuticals identified in a prior comprehensive audit (70 articles) were reviewed and further audited. For each base case for which sensitivity analyses were reported (n = 122), up to two sensitivity analyses for HR-QOL (n = 133), cost (n = 99), and discount rate (n = 128) were examined. Article mentions of thresholds for acceptable cost-utility ratios were recorded (total 36). Cost-utility ratios were denominated in US dollars for the year reported in each of the original articles in order to determine whether a different conclusion would have been indicated at the time the article was published. Quality ratings from the original audit for articles where sensitivity analysis results crossed the cost-utility ratio threshold above the base-case result were compared with those that did not. The most frequently mentioned cost-utility thresholds were $US20,000/QALY, $US50,000/QALY, and $US100,000/QALY. The proportions of sensitivity analyses reporting quantitative results that crossed the threshold above the base-case results (or where the sensitivity analysis result was dominated) were 31% for HR-QOL sensitivity analyses, 20% for cost-sensitivity analyses, and 15% for discount-rate sensitivity analyses. Almost half of the discount-rate sensitivity analyses did not report quantitative results. Articles that reported sensitivity analyses where results crossed the cost

Economic Analyses in Anterior Cruciate Ligament Reconstruction: A Qualitative and Systematic Review.

Science.gov (United States)

Saltzman, Bryan M; Cvetanovich, Gregory L; Nwachukwu, Benedict U; Mall, Nathan A; Bush-Joseph, Charles A; Bach, Bernard R

2016-05-01

As the health care system in the United States (US) transitions toward value-based care, there is an increased emphasis on understanding the cost drivers and high-value procedures within orthopaedics. To date, there has been no systematic review of the economic literature on anterior cruciate ligament reconstruction (ACLR). To evaluate the overall evidence base for economic studies published on ACLR in the orthopaedic literature. Data available on the economics of ACLR are summarized and cost drivers associated with the procedure are identified. Systematic review. All economic studies (including US-based and non-US-based) published between inception of the MEDLINE database and October 3, 2014, were identified. Given the heterogeneity of the existing evidence base, a qualitative, descriptive approach was used to assess the collective results from the economic studies on ACLR. When applicable, comparisons were made for the following cost-related variables associated with the procedure for economic implications: outpatient versus inpatient surgery (or outpatient vs overnight hospital stay vs >1-night stay); bone-patellar tendon-bone (BPTB) graft versus hamstring (HS) graft source; autograft versus allograft source; staged unilateral ACLR versus bilateral ACLR in a single setting; single- versus double-bundle technique; ACLR versus nonoperative treatment; and other unique comparisons reported in single studies, including computer-assisted navigation surgery (CANS) versus traditional surgery, early versus delayed ACLR, single- versus double-incision technique, and finally the costs of ACLR without comparison of variables. A total of 24 studies were identified and included; of these, 17 included studies were cost identification studies. The remaining 7 studies were cost utility analyses that used economic models to investigate the effect of variables such as the cost of allograft tissue, fixation devices, and physical therapy, the percentage and timing of revision

The economical and environmental performance of miscanthus and switchgrass production and supply chains in a European setting

NARCIS (Netherlands)

Smeets, E.M.W.; Lewandowski, I.M.; Faaij, A.P.C.

2009-01-01

The purpose of this study is to analyse the economical and environmental performance of switchgrass and miscanthus production and supply chains in the European Union (EU25), for the years 2004 and 2030. The environmental performance refers to the greenhouse gas (GHG) emissions, the primary fossil

Heterogeneity in Firm Performance During Economic Crisis

Directory of Open Access Journals (Sweden)

Sergio Bruni

2014-06-01

Full Text Available What happens to firms during periods of deep economic crisis? Did different types of firms perform differently under the economic crisis? With the aid of a rich database and focusing on the literature regarding the growth of firms, this paper investigates the relative profitability performance of Italian firms during the current economic crisis, exploring those factors, which help certain firms to do relatively better even in the slowdown period. Some preliminary results show that the Italian firms that are relatively young in age, with relatively better current liquidity and more focused on domestic market have performed better than other firms. Furthermore, firms operating in high-tech and in highly concentrated sectors have enjoyed a better performance in this period.

Thermo-economic analysis of recuperated Maisotsenko bottoming cycle using triplex air saturator: Comparative analyses

International Nuclear Information System (INIS)

Saghafifar, Mohammad; Omar, Amr; Erfanmoghaddam, Sepehr; Gadalla, Mohamed

2017-01-01

Highlights: • Proposing recuperated Maisotsenko bottoming cycle (RMBC) as a new combined cycle. • Introducing triplex air saturator for waste heat recovery application. • Conducting thermodynamic optimization to maximize RMBC thermal efficiency. • Conducting thermo-economic optimization to minimize RMBC cost of electricity. - Abstract: A recently recommended combined cycle power plant is to employ another gas turbine cycle for waste heat recovery as an air bottoming cycle (ABC). There are some studies conducted to improve ABC’s thermodynamic performance utilizing commonly power augmentation methods such as steam/water injection. In particular, it is proposed to employ Maisotsenko gas turbine cycle as a bottoming cycle, i.e. Maisotsenko bottoming cycle (MBC). Due to the promising performance of the MBC configuration, it is decided to investigate a recuperated MBC (RMBC) configuration by recommending the triplex air saturator. In this way, the air saturator consists of three sections. The first section is an indirect evaporative cooler while the other two sections are responsible for heat recovery from the topping and bottoming cycle turbines exhaust. In this paper, thermodynamic and thermo-economic analyses are carried out to study the main merits and demerits of RMBC against MBC configuration. Thermodynamic optimization results indicate that the maximum achievable efficiency for MBC and RMBC incorporation in a simple gas turbine power plant are 39.40% and 44.73%, respectively. Finally, thermo-economic optimization shows that the optimum levelized cost of electricity for MBC and RMBC power plants are 62.922 US$/MWh and 58.154 US$/MWh, respectively.

NEW DEVELOPMENTS IN COVERAGE OF ECONOMIC PERFORMANCE

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Ioan Beudean

2012-01-01

Full Text Available The absence of consensus in definition and economic assessment performance does not take as linguistic valences of the concept as such, as the system of diverging interests of its contents. Can be felt in the case of this major economic concept as well as other economic categories, the power influence of different interveners (not necessarily from know better ones, which will determine and impose the dominant message. Current financial capital, created and imposed an obviously own vision about performance that would serve its interests.

The economic performance of regions in the Czech Republic

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Lenka Procházková

2013-01-01

Full Text Available Regional development in the Czech Republic contributed to the fact that at present none of the regions is significant backward compared to other. Individual regions have shown among themselves certain differences. This applies in particular to the economic performance of regions. This paper introduce results of our research. Main aim of the work was to indentify economic performace affecting factors of regions NUTS 3 in Czech Republic. It was necessary to define quantity of economic performance to meet this goal. We used them to create method of valuating economic performance of regions. We weighed quantities (e.g. GDP, unemployment rate, net disposable income according to their importance. This procedure was applied to individual regions. We determined the level of economic performance of Czech regions. We present overview of factors and using statistical methods we test their importance to the economic performance of Czech regions.

Agricultural producers’ groups in the Czech Republic: introductory review and discussion of the problem area economic performance measurement

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Jan Vavřina

2012-01-01

Full Text Available Each company is surrounded by the micro- and macro-environment affecting also its economic performance. These factors are not only individual accounting entries, but also analytical inputs as the internal company processes, management of costs or short-term financial decisions and specifically in the case of agriculture within the EU also the public subsidy schemes implemented through the EU Common Agricultural Policy. Groups of agricultural producers are created as a response to current market dynamics and the opportunity for each agricultural enterprise regardless the size. In this paper, the basis for agricultural cooperation is provided, traditional economic performance measures are presented and their applicability on the sample of agricultural producers’ groups and wholesale entities is empirically verified. Wholesale entities are analysed by its business activity and performance features to consider whether they are suitable peer group for comparing economic performance of examined agricultural producers’ group. Since the economic performance of agricultural producers’ groups directly affects the economic performance of all participating entities, and vice versa, their economic performance measurement may involve specific constraints. According to the structure and characteristics of agricultural producers’ groups may be inferred that whilst the common performance measurement techniques are applicable on the majority of companies, agricultural producers’ groups represent specific entities and therefore need adjusted performance measurement approach.

Finding the economics in economic entomology.

Science.gov (United States)

Onstad, David W; Knolhoff, Lisa M

2009-02-01

To recommend new pest management tactics and strategies to farmers and policy makers, economic entomologists must evaluate the economics of biologically reasonable approaches. We collected data to determine how frequently these economic evaluations occur. We discovered from our survey of entomological journals representing the discipline of economic entomology that papers published since 1972 include economic evaluations of pest management tactics. At least 85% of these analyses were performed by entomologists and not economists. Much of the research on economic evaluations is performed without special funds granted by agencies separate from the authors' institutions. In the United States, USDA competitive grants supported 20% of the economic evaluations published since 2000. However, only approximately 12% of the projects funded since 2000 by three sections of the USDA (Crops at Risk, Risk Avoidance and Mitigation Program, and Pest Management Alternatives Program) resulted in publications concerning economic evaluations. If the purpose of economic entomology is to ultimately determine the value of different kinds of tactics, the discipline may need to take steps to enhance the research that supports these evaluations.

Public Integrity, Economic Freedom and Governance Performance. A Comparative Study for the EU Member States and Acceding Countries

Directory of Open Access Journals (Sweden)

Ani MATEI

2010-11-01

Full Text Available The studies concerning the impact of corruption on the effectiveness of governance are numerous, valorising profound approaches, based on criteria and standards related to good governance, organizational behaviour. The concepts and mechanisms specific for econometrics and statistics provide the quantitative support for qualitative analyses, substantiating public policies, in view to assure effectiveness in performance measurement. For EU Member States and acceding countries, the level of development and social organization determines specific ethical behaviours. In this context, the current paper aims a comparative economic and social evaluation of the correlations between corruption, performance and economic freedom in the states mentioned, following the various significant stages of the EU enlargement. The working hypotheses turn into consideration the following issues:# Corruption holds national specific character and the statistic, econometric or sociologic analyses reveal that it is stable during time.# The climate of economic freedom and the intensity of corruption influence powerfully the economic performance.# The EU membership, “seniority” in EU, regional context determine different attitudes and perceptions on the corruption phenomena.# For the newer EU states or the acceding countries, the strategies of integrity have mimetic character and the National Integrity Systems have structured powerful connections aimed at determining an action focused on public integrity.In the analyses achieved, the EU is approached globally, at least from statistic point of view, and the conclusions aim situations specific to the groups of states that have been or will be the beneficiaries of the EU enlargement. The quantitative analyses use both own results of the researches carried out by the authors and public results of World Bank or Heritage Foundation, as well as results of authorities responsible for national statistics. The paper uses the

Models for regionalizing economic data and their applications within the scope of forensic disaster analyses

Science.gov (United States)

Schmidt, Hanns-Maximilian; Wiens, rer. pol. Marcus, , Dr.; Schultmann, rer. pol. Frank, Prof. _., Dr.

2015-04-01

The impact of natural hazards on the economic system can be observed in many different regions all over the world. Once the local economic structure is hit by an event direct costs instantly occur. However, the disturbance on a local level (e.g. parts of city or industries along a river bank) might also cause monetary damages in other, indirectly affected sectors. If the impact of an event is strong, these damages are likely to cascade and spread even on an international scale (e.g. the eruption of Eyjafjallajökull and its impact on the automotive sector in Europe). In order to determine these special impacts, one has to gain insights into the directly hit economic structure before being able to calculate these side effects. Especially, regarding the development of a model used for near real-time forensic disaster analyses any simulation needs to be based on data that is rapidly available or easily to be computed. Therefore, we investigated commonly used or recently discussed methodologies for regionalizing economic data. Surprisingly, even for German federal states there is no official input-output data available that can be used, although it might provide detailed figures concerning economic interrelations between different industry sectors. In the case of highly developed countries, such as Germany, we focus on models for regionalizing nationwide input-output table which is usually available at the national statistical offices. However, when it comes to developing countries (e.g. South-East Asia) the data quality and availability is usually much poorer. In this case, other sources need to be found for the proper assessment of regional economic performance. We developed an indicator-based model that can fill this gap because of its flexibility regarding the level of aggregation and the composability of different input parameters. Our poster presentation brings up a literature review and a summary on potential models that seem to be useful for this specific task

Economic consequences of reproductive performance in dairy cattle

NARCIS (Netherlands)

Inchaisri, C.; Jorritsma, R.; Vos, P.L.A.M.; Weijden, van der G.C.; Hogeveen, H.

2010-01-01

The net economic value of reproductive efficiency in dairy cattle was estimated using a stochastic dynamic simulation model. The objective was to compare the economic consequences of reproductive performance scenarios (“average” and “poor”) of a cow having a good reproductive performance and to

Economic Analyses in Squamous Cell Carcinoma of the Head and Neck: A Review of the Literature From a Clinical Perspective

Energy Technology Data Exchange (ETDEWEB)

Souza, Jonas A. de, E-mail: jdesouza@medicine.bsd.uchicago.edu [The University of Chicago Medicine, Chicago, Illinois (United States); Santana, Iuri A.; Castro, Gilberto de [Instituto do Câncer do Estado de São Paulo, São Paulo (Brazil); Lima Lopes, Gilberto de [Johns Hopkins Singapore International Medical Centre (Singapore); Tina Shih, Ya-Chen [The University of Chicago Medicine, Chicago, Illinois (United States)

2014-08-01

The purpose of this review was to describe cost-effectiveness and cost analysis studies across treatment modalities for squamous cell carcinoma of the head and neck (SCCHN), while placing their results in context of the current clinical practice. We performed a literature search in PubMed for English-language studies addressing economic analyses of treatment modalities for SCCHN published from January 2000 to March 2013. We also performed an additional search for related studies published by the National Institute for Health and Clinical Excellence in the United Kingdom. Identified articles were classified into 3 clinical approaches (organ preservation, radiation therapy modalities, and chemotherapy regimens) and into 2 types of economic studies (cost analysis and cost-effectiveness/cost-utility studies). All cost estimates were normalized to US dollars, year 2013 values. Our search yielded 23 articles: 13 related to organ preservation approaches, 5 to radiation therapy modalities, and 5 to chemotherapy regimens. In general, studies analyzed different questions and modalities, making it difficult to reach a conclusion. Even when restricted to comparisons of modalities within the same clinical approach, studies often yielded conflicting findings. The heterogeneity across economic studies of SCCHN should be carefully understood in light of the modeling assumptions and limitations of each study and placed in context with relevant settings of clinical practices and study perspectives. Furthermore, the scarcity of comparative effectiveness and quality-of-life data poses unique challenges for conducting economic analyses for a resource-intensive disease, such as SCCHN, that requires a multimodal care. Future research is needed to better understand how to compare the costs and cost-effectiveness of different modalities for SCCHN.

Economic structure and performance of forest-based industries

International Nuclear Information System (INIS)

O'Laughlin, J.

1989-01-01

This paper reports on the economic structure, conduct, and performance of industries dependent on the nation's forests that are topics of special importance for research. A major challenge to research involving industrial organization of forest-based industries is to link descriptions of structure, conduct, and industrial performance in ways that facilitate public and private policy making. Not to be overlooked is the need to continue efforts to monitor changes in structure and conduct dimensions at the national level and to conduct baseline studies of industry structure-conduct-performance at regional, state, and local levels. Specifically needed is research that will improve understanding of restructuring within the wood-based industry; definitions of the wood-based industry and segments thereof; linkages between structure and regional economic development; timberland as a managerial and economic variable; structural consequences of technological innovations; corporate strategies as related to performance; structural dimensions in an international setting; and structure and performance of nonwood-based forest industries. Economics research focused in such directions will go far toward improving the manner in which the nation's many forest industries organize and conduct their activities

THE ECONOMIC PERFORMANCE BETWEEN THE PAST, PRESENT AND FUTURE

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BAKÓ KINGA-ERZSÉBET

2017-11-01

Full Text Available Today the economic performance of enterprises is defined in a different way compared to traditional approaches, to understand the modern definitions will need to review the evolution of the concept from the beginnings until nowadays. In the traditional approach the economic performance of the enterprises was defined only by the perspective shareholders’, so the business owners, what is not surprising, as it was considered the source of rewarding investors and the main purpose of the business. Today a company is performing if he responds and at the economic level to the expectations of several stakeholder groups. In this article we review the evolution of these notions and we give a definition based on the modern approaches taking into account and the fact that, we can't discuss economic performance without social performance and environmental performance of an enterprise. In the last resort we aproach system measurement of the performance that meets the expectations generated by today's society.

Environment, energy, and economic performance

Energy Technology Data Exchange (ETDEWEB)

Oberndorfer, Ulrich

2009-09-25

This thesis analyzes the relationship between environmental regulation as well as energy market developments on the one hand, and economic performance on the other. Due to its economic effects environmental regulation is controversially disputed. The thesis shows, however, that the economic impacts of the recently adopted climate policy in Europe, namely of the implementation of the European Union Emission Trading Scheme, have been modest at most. Consistent with economic theory, the low stringency of this regulatory measure that is aimed at combating man-made climate change is identified as one important driver of this result. Moreover, results presented in this thesis also indicate the important role which the political economy plays for the design of environmental regulation in general. These mechanisms are shown to be a driver of the low stringency and, consequently, of the small economic effects during the first phase of the European Union Emission Trading Scheme. The thesis highlights the role of investment stimulation if the goal of environmental regulation is not only the protection of the environment, but also the compatibility with economic goals. This thesis also provides new insights into the role of energy market developments for the economy. In this respect, the relevance of the EU carbon market for the financial market performance of European electricity generators is shown. Besides, this thesis particularly demonstrates the paramount importance of oil market developments for the economy as a whole. It suggests that amongst all natural resources, oil is the most relevant one to the pricing of Eurozone energy stocks. It is also shown that besides oil prices, oil volatility plays an important role for stock market development. Finally, the thesis highlights the relevance of oil market developments to the overall economy, in showing that unemployment in Germany is strongly affected by oil price shocks. In this respect, it also opposes claims that the

Economic analyses of central solar heating systems with seasonal storage

Energy Technology Data Exchange (ETDEWEB)

Lund, P D; Keinonen, R.S.

1986-10-01

Economic optimization of large active community solar heating systems with annual thermal storage is discussed. The economic evaluation is based on a thermal performance simulation model employing one hour time steps and on detailed up-date data. Different system configurations and sub-system sizes have been considered. For Northern European weather conditions (60/sup 0/N) and with at least 400-500 residential units, the life-cycle cost of delivered solar heat was 6.5-7.5 c/kWh for 50% fraction of non-purchased energy. For a solar fraction of 70%, the solar energy price would be 8 c/kWh.

THE RELEVANCE OF THE PERFORMANCE INDICATORS IN ECONOMIC AND FINANCIAL DIAGNOSIS

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MIRELA MONEA

2011-01-01

Full Text Available Each company must achieve the objectives to reach performance in order to survive on the market. The paper aims to present the concept of performance as is seen in economic literature, to discuss the relevance of the main performances indicators on economic and financial diagnosis, to answer the question what are the main indicators which reflect economic or financial performances: profit, profitability ratios, economic added value, investments return, liquidity, cash-flows, resources efficiency, productivity, others.

Economic performance and public concerns about social class in twentieth-century books.

Science.gov (United States)

Chen, Yunsong; Yan, Fei

2016-09-01

What is the association between macroeconomic conditions and public perceptions of social class? Applying a novel approach based on the Google Books N-gram corpus, this study addresses the relationship between public concerns about social class and economic conditions throughout the twentieth century. The usage of class-related words/phrases, or "literary references to class," in American English-language books is related to US economic performance and income inequality. The findings of this study demonstrate that economic conditions play a significant role in literary references to class throughout the century, whereas income inequality does not. Similar results are obtained from further analyses using alternative measures of class concerns as well as different corpora of English Fiction and the New York Times. We add to the social class literature by showing that the long-term temporal dynamics of an economy can be exhibited by aggregate class concerns. The application of massive culture-wide content analysis using data of unprecedented size also represents a contribution to the literature. Copyright © 2016 Elsevier Inc. All rights reserved.

A study on the relationship of environmental regulations and economic performances

Science.gov (United States)

Nisha, Jia; Chen, Shen

2017-11-01

This paper analyzes the mechanism transmission of environmental regulation affecting on economic performance from a new perspective. It shows that environmental regulations affect country’s economic performance through direct transmission and indirect transmission. Direct transmission means that environmental regulations affect economic performance from influencing corporation’s cost and revenue, and indirect transmission is that environmental regulations affect economic performance through leading to the increased effort of corporations in improving the quality of environment and building the image of fulfilling environmental responsibility.

real exchange rate misalignment and economic performance in ...

African Journals Online (AJOL)

... effects of real exchange rate misalignment on economic performance in Nigeria. .... main factors that impacts on real exchange rate in India .... financial assets and ignores non-economic factor such as .... and fiscal policies to control inflation.

INVESTMENT FUNDS’ PERFORMANCE AND ECONOMIC GROWTH

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Apolzan Carmen Maria

2012-07-01

Full Text Available In this paper we examine the performance of investment funds during the period 2006-2010, intending to comprise the portfolio performance’s dynamics before, during and after the present economic and financial crises climax. We categorize investment funds according to their investment strategy and geographical focus and distinguish a number of 11 classes. In order to analyze their returns’ dynamics, we create a fund performance index for each category using principal components method. The instability created in financial system in 2007 had a direct impact on institutional investors’ portfolios regardless of investment strategy, effects that have rapidly propagated on real economy. Analyzing index’s dynamics correlated with economic growth we conclude that financial and economic environment react in the same direction, but with a certain time delay, to instability factors. We also underline the major impact of boom and bust evolution of financial markets on real economy, cause of the current economic and financial crises.

Performance and Vibration Analyses of Lift-Offset Helicopters

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Jeong-In Go

2017-01-01

Full Text Available A validation study on the performance and vibration analyses of the XH-59A compound helicopter is conducted to establish techniques for the comprehensive analysis of lift-offset compound helicopters. This study considers the XH-59A lift-offset compound helicopter using a rigid coaxial rotor system as a verification model. CAMRAD II (Comprehensive Analytical Method of Rotorcraft Aerodynamics and Dynamics II, a comprehensive analysis code, is used as a tool for the performance, vibration, and loads analyses. A general free wake model, which is a more sophisticated wake model than other wake models, is used to obtain good results for the comprehensive analysis. Performance analyses of the XH-59A helicopter with and without auxiliary propulsion are conducted in various flight conditions. In addition, vibration analyses of the XH-59A compound helicopter configuration are conducted in the forward flight condition. The present comprehensive analysis results are in good agreement with the flight test and previous analyses. Therefore, techniques for the comprehensive analysis of lift-offset compound helicopters are appropriately established. Furthermore, the rotor lifts are calculated for the XH-59A lift-offset compound helicopter in the forward flight condition to investigate the airloads characteristics of the ABC™ (Advancing Blade Concept rotor.

Health economic studies: an introduction to cost-benefit, cost-effectiveness, and cost-utility analyses.

Science.gov (United States)

Angevine, Peter D; Berven, Sigurd

2014-10-15

Narrative overview. To provide clinicians with a basic understanding of economic studies, including cost-benefit, cost-effectiveness, and cost-utility analyses. As decisions regarding public health policy, insurance reimbursement, and patient care incorporate factors other than traditional outcomes such as satisfaction or symptom resolution, health economic studies are increasingly prominent in the literature. This trend will likely continue, and it is therefore important for clinicians to have a fundamental understanding of the common types of economic studies and be able to read them critically. In this brief article, the basic concepts of economic studies and the differences between cost-benefit, cost-effectiveness, and cost-utility studies are discussed. An overview of the field of health economic analysis is presented. Cost-benefit, cost-effectiveness, and cost-utility studies all integrate cost and outcome data into a decision analysis model. These different types of studies are distinguished mainly by the way in which outcomes are valued. Obtaining accurate cost data is often difficult and can limit the generalizability of a study. With a basic understanding of health economic analysis, clinicians can be informed consumers of these important studies.

The effect of innovative activity in firm performance and development: Analysing data from eurozone

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Ilias A. Makris

2016-06-01

Full Text Available Purpose – The purpose of this paper is to examine the effect of Innovative Activity on firm performance and growth. Active Research and Development is considered to be directly related with development, prosperity and growth, in micro and macro level and a key factor in hindering economic recession. Design/methodology/approach – We analyse economic data from listed firms of selected eurozone country-members in order to associate Research and Development with performance indicators in firm and country level. For that purpose, several firm data were collected from WorldScope data base and macroeconomic data from Worldbank database. The period examined is between 2002 and 2012, with a special focus on current financial crisis (after 2007. The empirical process includes, descriptive statistics and logistic regression analysis. Findings – Findings indicate the crucial effect of innovative process in economic performance and development in firm and country level. The latter highlights the urgent need for public support in order to spur innovative activity and high-tech exports, especially in countries that were heavily affected by recession. Research limitations/implications – Some research limitations are the large number of missing cases in WordScope database, as many firms after the beginning of current crisis exit stock market. Furthermore, the other part of the economy, the Small and Medium Enterprises does not exist in the analysis, as listed firms are mainly large and mature companies. Originality/value – The results tend to highlight the need for common policy measures in eurozone, in regard to such issues, instead of imposing horizontal budgetary constraints in specific countries (like Southern Europe, hindering the vicious recessionary circle.

Considering economic analyses in the revision of the preventive vaccination law: a new direction for health policy-making in Japan?

Science.gov (United States)

Akazawa, Manabu; Yongue, Julia; Ikeda, Shunya; Satoh, Toshihiko

2014-10-01

Evidence of a significant vaccine policy shift can be witnessed not only in the number of new vaccines available in Japan but also in the way that vaccine policy is being formulated. In 2010, policy makers decided for the first time ever to commission economic analyses as a reference in their consideration of subsidy allocation. This research offers a first hand account of the recent changes in vaccine policies by examining the decision-making process from the perspective of the researchers commissioned to perform the economic evaluations. In order to understand the vaccine policy-making process, a review was made of all the documents that were distributed and discussed during the government committee meetings from February 2010 when the revision of the Preventive Vaccination Law was initially proposed to May 2012 when the final recommendations were made. Economic evaluations were conducted for seven vaccines under consideration in the routine immunization program (Haemophilus influenzae type b or Hib, pneumococcal disease for children and adults, human papillomavirus, varicella, mumps, and hepatitis B). All were cost-effective options, except the Hib and hepatitis B vaccines. Nonetheless, all the vaccines were recommended equally for inclusion in the routine immunization program. While it is significant that policy-makers decided to commission economic assessments at all, various issues remain regarding the influence of external pressure, the choice of evaluation methods and the implications of using cost-effectiveness analyses on the future of Japanese health policy-making. Copyright © 2014 Elsevier Ireland Ltd. All rights reserved.

The economic and financial performance of Bahrain's Fisheries Sector

International Nuclear Information System (INIS)

Abdulqader, E.A.A.

2007-01-01

This work is based on an extensive socio-economic survey conducted at all Bahrain landing sites in the period July-November, 2002. Based on boat size and the type of fishing gear used, eight fisheries sectors were determined, these included small boats using wire traps, shrimp trawls, gillnets, hooks and lines and barrier traps. It also included large boats using wire traps, shrimp trawls and gillnets. The economic and financial performances of these sectors were evaluated. The ratio of net catch flow to total earnings was used to measure the economic performance, while the return over investment was used to measure the financial performance. Higher economic returns (except for gillnet and shrimp trawl fisheries) were found in the case of small boats where smaller investments are found. This indicated that an over-fishing condition exists in Bahrain's fisheries, which is clearly found in the case of the shrimp trawl fishery. (author)

Analysing performance through value creation

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Adrian TRIFAN

2015-12-01

Full Text Available This paper draws a parallel between measuring financial performance in 2 variants: the first one using data offered by accounting, which lays emphasis on maximizing profit, and the second one which aims to create value. The traditional approach to performance is based on some indicators from accounting data: ROI, ROE, EPS. The traditional management, based on analysing the data from accounting, has shown its limits, and a new approach is needed, based on creating value. The evaluation of value based performance tries to avoid the errors due to accounting data, by using other specific indicators: EVA, MVA, TSR, CVA. The main objective is shifted from maximizing the income to maximizing the value created for shareholders. The theoretical part is accompanied by a practical analysis regarding the creation of value and an analysis of the main indicators which evaluate this concept.

“PERFORMANCE TREND” AND “PERFORMANCE CURRENT” RATINGS BY ECONOMIC VALUE ADDED (EVA

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ALEXANDRU BOGEANU

2013-08-01

Full Text Available The Economic Value Added (EVA is an index of “durable development.” It was proposed by the Stern-Stewart Office and represents the true economic profit of companies. A company reports economic profit only if thereported accounting profit is higher than the opportunity cost of equity. The authors of the EVA model (Stern-Stewart have also proposed the ways of restating the financial statements to get a “fair image” of the results, thuseliminating the “accounting distortions.”Based on the performance indexes calculated based on EVA and second-generation indexes relating toEVA, we calculated two types of rating: Rating Performance Current and Rating Performance Trend. The rating iscalculated by means of the percentiles technique and the results are split into 22 rating classes.The used database is Russell 3000.

Management of intellectual capital and its influence on personnel economic performance

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mahmoud Gholami Karin

2016-02-01

Full Text Available Studies have shown that, knowledge is an effective source for increasing personnel economic performance. Basically, managers of companies by considering prevailing economic conditions are forced to correct and improve methods of production, marketing, and innovation and ultimately increase economic productivity. One of the main ways to improve economic growth and increase competitive advantage, for factories is the use of creative thinking that it without the recognition and management of intellectual capitals will not be possible. The main objective of present research is to study the influence of intellectual capital components on economic performance of companies working in Saipa Automotive Manufacturing Group. Also determine relation between components of intellectual capital together. Components of intellectual capital (human, structural, and relational capital are independent variables and personnel economic performance is considered as a dependent variable. Multiple regression analysis has used for study the influence of components of intellectual capital on personnel economic performance. For test of relation between components of intellectual capital together, have used Pearson correlation analysis and for test of model has used structural equation modeling. The collected data were analyzed with the SPSS and Lisrel software, and finally the relationship between intellectual capital components were confirmed and it has been determined that relational and structural capital directly and human capital, indirectly, impress personnel economic performance in Saipa Automotive Manufacturing Group.

CORRUPTION, POVERTY AND ECONOMIC PERFORMANCE:EASTERN EUROPEAND CENTRAL ASIA CASE

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Mustafa Ildırar

2015-07-01

Full Text Available Corruption, defined as “the misuse of public power for private benefit.” TheWorld Bank describes corruption as one of the greatest obstacles to economic andsocial development. It undermines development by distortingthe rule of law andweakening the institutional foundation on which economic performance depends.In pastdecades, many theoretical and empirical studies have presented corruptionhinders investment, reduces economicgrowth, restricts trade, distorts governmentexpenditures and strengthens the underground economy. In addition,they haveshown a strong connection between corruption and poverty and incomeinequality. On the other hand,theliterature on corruption points to the conclusionthat corruption by itself does not lead to poverty. Rather,corruption has directconsequences on economic and governance factors, intermediaries that in turn producepoverty. Although corruption is seen inmany countries in the world, it ishigher and widespread in developingcountries. This study investigates relationbetween corruption, poverty, and economic performance by using apanelconsisting of countries in the Eastern Europe and Central Asia countries. It wasshown that corruptionaffected directly economic performance and low economicperformance leads to poverty. Additionally, resultsimply that rules againstcorruption could affect economic growth indirectly through their impact on thelevel ofc orruption.

Standard method for economic analyses of inertial confinement fusion power plants

International Nuclear Information System (INIS)

Meier, W.R.

1986-01-01

A standard method for calculating the total capital cost and the cost of electricity for a typical inertial confinement fusion electric power plant has been developed. A standard code of accounts at the two-digit level is given for the factors making up the total capital cost of the power plant. Equations are given for calculating the indirect capital costs, the project contingency, and the time-related costs. Expressions for calculating the fixed charge rate, which is necessary to determine the cost of electricity, are also described. Default parameters are given to define a reference case for comparative economic analyses

Thermodynamic and economic performances optimization of an organic Rankine cycle system utilizing exhaust gas of a large marine diesel engine

International Nuclear Information System (INIS)

Yang, Min-Hsiung; Yeh, Rong-Hua

2015-01-01

Highlights: • A new parameter is proposed for optimizing economic performance of the ORC system. • Maximal thermodynamic and economic performances of an ORC system are presented. • The corresponding operating pressures in turbine of optimum thermodynamic and economic performances are investigated. • An optimal effectiveness of pre-heater is obtained for the ORC system. - Abstract: The aim of this study is to investigate the thermodynamic and economic performances optimization for an ORC system recovering the waste heat of exhaust gas from a large marine diesel engine of the merchant ship. Parameters of net power output index and thermal efficiency are used to represent the economic and thermodynamic performances, respectively. The maximum net power output index and thermal efficiency are obtained and the corresponding turbine inlet pressure, turbine outlet pressure, and effectiveness of pre-heater of the ORC system are also evaluated using R1234ze, R245fa, R600, and R600a. Furthermore, the analyses of the effects of turbine inlet temperature and cooling water temperature on the optimal economic and thermodynamic performances of the ORC system are carried out. The results show that R245fa performs the most satisfactorily followed by R600, R600a, and R1234ze under optimal economic performance. However, in the optimal thermodynamic performance evaluations, R1234ze has the largest thermal efficiency followed by R600a, R245fa, and R600. The payback periods will decrease from 0.5 year for R245fa to 0.65 year for R1234ze respectively as the system is equipped with a pre-heater. In addition, compared with conventional diesel oil feeding, the proposed ORC system can reduce 76% CO 2 emission per kilowatt-hour

Student Performance in Undergraduate Economics Courses

Science.gov (United States)

Mumford, Kevin J.; Ohland, Matthew W.

2011-01-01

Using undergraduate student records from six large public universities from 1990 to 2003, the authors analyze the characteristics and performance of students by major in two economics courses: Principles of Microeconomics and Intermediate Microeconomics. This article documents important differences across students by major in the principles course…

Usefulness of non-linear input-output models for economic impact analyses in tourism and recreation

NARCIS (Netherlands)

Klijs, J.; Peerlings, J.H.M.; Heijman, W.J.M.

2015-01-01

In tourism and recreation management it is still common practice to apply traditional input–output (IO) economic impact models, despite their well-known limitations. In this study the authors analyse the usefulness of applying a non-linear input–output (NLIO) model, in which price-induced input

Determinants of Malaysian and Singaporean Economics Undergraduates' Academic Performance

OpenAIRE

Chang Da Wan; Roland K. Cheo

2012-01-01

This study examines the determinants of economics undergraduates' academic performance in the top national universities of Singapore and Malaysia: the National University of Singapore (NUS) and the University of Malaya (UM). Using three basic components of economics as the dependent variable, i.e. basic microeconomics, basic macroeconomics and statistics/econometrics, it was found that students' pre-university grade is the most important determinant in undergraduates' performance. However, un...

Economic analyses of LWR fuel cycles

International Nuclear Information System (INIS)

Field, F.R.

1977-05-01

An economic comparison was made of three options for handling irradiated light-water reactor (LWR) fuel. These options are reprocessing of spent reactor fuel and subsequent recycle of both uranium and plutonium, reprocessing and recycle of uranium only, and direct terminal storage of spent fuel not reprocessed. The comparison was based on a peak-installed nuclear capacity of 507 GWe by CY 2000 and retirement of reactors after 30 years of service. Results of the study indicate that: Through the year 2000, recycle of uranium and plutonium in LWRs saves about $12 billion (FY 1977 dollars) compared with the throwaway cycle, but this amounts to only about 1.3% of the total cost of generating electricity by nuclear power. If deferred costs are included for fuel that has been discharged from reactors but not reprocessed, the economic advantage increases to $17.7 billion. Recycle of uranium only (storage of plutonium) is approximately $7 billion more expensive than the throwaway fuel cycle and is, therefore, not considered an economically viable option. The throwaway fuel cycle ultimately requires >40% more uranium resources (U 3 O 8 ) than does reprocessing spent fuel where both uranium and plutonium are recycled

ANALYSIS IMPORT POLICY OF SOYBEAN ON ECONOMICS PERFORMANCE OF INDONESIAN SOYBEAN

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Muthiah Abda Azizah

2015-11-01

Full Text Available Trade liberalization is closely related to the opening of market access for Indonesian products to the world and vice versa. Since the soybean trade out of BULOG control began in 1998, soybean imports increased very rapidly (Sudaryanto and Swastika, 2007. This research aims to determine the general picture of soybean economy, factors analyses that influence the economic performance of Indonesian soybean and findings the alternative of policies that can reduce soybean imports in Indonesia. Methods of data analysis are descriptive analysis, 2SLS simultaneous equations, and simulation of policy alternatives. Results of the analysis of the factors that affect the economic performance of Indonesian soybean, consists of 1 The area of soybean harvest is influenced significantly by the price of domestic soybean and domestic prices of corn, 2 Productivity soybean influenced significantly by the domestic prices of soybean and fertilizer prices, 3 soybean demand influenced significantly by population, domestic prices of soybean, 4 domestic prices of soybean significantly affected by world prices of soybean, exchange rates, and soybean supply, 5 Imports of soybean influenced significantly by the domestic demand of soybean and soybean production. Therefore, policy scenarios should be made to reduce soybean imports, including by carrying out the expansion of soybean harvest policy, the policy of increasing the productivity of soybean, the policy of subsidizing the price of fertilizer.

Using Weather Data and Climate Model Output in Economic Analyses of Climate Change

Energy Technology Data Exchange (ETDEWEB)

Auffhammer, M.; Hsiang, S. M.; Schlenker, W.; Sobel, A.

2013-06-28

Economists are increasingly using weather data and climate model output in analyses of the economic impacts of climate change. This article introduces a set of weather data sets and climate models that are frequently used, discusses the most common mistakes economists make in using these products, and identifies ways to avoid these pitfalls. We first provide an introduction to weather data, including a summary of the types of datasets available, and then discuss five common pitfalls that empirical researchers should be aware of when using historical weather data as explanatory variables in econometric applications. We then provide a brief overview of climate models and discuss two common and significant errors often made by economists when climate model output is used to simulate the future impacts of climate change on an economic outcome of interest.

Economic performance of small scale hydroelectric power plants: `Results center`; Desempenho economico de PCH`s: centro de resultados

Energy Technology Data Exchange (ETDEWEB)

Cipoli, Jose Adolfo; Silva, Jose Paulo Mendes [Companhia Paulista de Forca e Luz (CPFL), Campinas, SP (Brazil)

1995-12-31

This work presents the experience concerning the creation of an imaginary company named `CPFL Generator`, composed by 20 small scale hydroelectric power plants. The main idea of the project is to analyse the economic performance of each unit individually and the group as a company, enabling to a better quality management 3 refs., 1 fig., 7 tabs.

Thermo-economic performance of HTGR Brayton power cycles

International Nuclear Information System (INIS)

Linares, J. L.; Herranz, L. E.; Moratilla, B. Y.; Fernandez-Perez, A.

2008-01-01

High temperature reached in High and Very High Temperature Reactors (VHTRs) results in thermal efficiencies substantially higher than those of actual nuclear power plants. A number of studies mainly driven by achieving optimum thermal performance have explored several layout. However, economic assessments of cycle power configurations for innovative systems, although necessarily uncertain at this time, may bring valuable information in relative terms concerning power cycle optimization. This paper investigates the thermal and economic performance direct Brayton cycles. Based on the available parameters and settings of different designs of HTGR power plants (GTHTR-300 and PBMR) and using the first and second laws of thermodynamics, the effects of compressor inter-cooling and of the compressor-turbine arrangement (i.e., single vs. multiple axes) on thermal efficiency have been estimated. The economic analysis has been based on the El-Sayed methodology and on the indirect derivation of the reactor capital investment. The results of the study suggest that a 1-axis inter-cooled power cycle has a similar thermal performance to the 3-axes one (around 50%) and, what's more, it is substantially less taxed. A sensitivity study allowed assessing the potential impact of optimizing several variables on cycle performance. Further than that, the cycle components costs have been estimated and compared. (authors)

Systematic review of economic analyses in patient safety: a protocol designed to measure development in the scope and quality of evidence.

Science.gov (United States)

Carter, Alexander W; Mandavia, Rishi; Mayer, Erik; Marti, Joachim; Mossialos, Elias; Darzi, Ara

2017-08-18

Recent avoidable failures in patient care highlight the ongoing need for evidence to support improvements in patient safety. According to the most recent reviews, there is a dearth of economic evidence related to patient safety. These reviews characterise an evidence gap in terms of the scope and quality of evidence available to support resource allocation decisions. This protocol is designed to update and improve on the reviews previously conducted to determine the extent of methodological progress in economic analyses in patient safety. A broad search strategy with two core themes for original research (excluding opinion pieces and systematic reviews) in 'patient safety' and 'economic analyses' has been developed. Medline, Econlit and National Health Service Economic Evaluation Database bibliographic databases will be searched from January 2007 using a combination of medical subject headings terms and research-derived search terms (see table 1). The method is informed by previous reviews on this topic, published in 2012. Screening, risk of bias assessment (using the Cochrane collaboration tool) and economic evaluation quality assessment (using the Drummond checklist) will be conducted by two independent reviewers, with arbitration by a third reviewer as needed. Studies with a low risk of bias will be assessed using the Drummond checklist. High-quality economic evaluations are those that score >20/35. A qualitative synthesis of evidence will be performed using a data collection tool to capture the study design(s) employed, population(s), setting(s), disease area(s), intervention(s) and outcome(s) studied. Methodological quality scores will be compared with previous reviews where possible. Effect size(s) and estimate uncertainty will be captured and used in a quantitative synthesis of high-quality evidence, where possible. Formal ethical approval is not required as primary data will not be collected. The results will be disseminated through a peer

Measuring the economic performance of socially responsible companies

Directory of Open Access Journals (Sweden)

Josefina Fernández-Guadaño

2015-12-01

Full Text Available The aim of this research is to use different economic variables to establish whether there are differences in economic performance between companies as a result of their inclusion in the sustainability index. This paper presents a one-dimensional exploratory study which compares the socially responsible companies included in the Spanish sustainability index, FTSE4Good Ibex, with the rest of the indices in the IBEX family. Parametric testing was used to study whether there are differences between the two types of companies. The results demonstrate that there are no statistically significant differences in economic performance between the two groups. Morover, it is confirmed that companies with good practices are as profitable as the rest, but it also demonstrates that the economic-financial behaviour is not better as a result of being in the sustainability index. The basic conclusion is that adhering to social and environmental standards does not harm a firm’s competitive position and, therefore, provide support for the development policy of responsible practices so that they become a tool to help improve the resilience of the economy and investor trust.

Analyses of hydraulic performance of velocity caps

DEFF Research Database (Denmark)

Christensen, Erik Damgaard; Degn Eskesen, Mark Chr.; Buhrkall, Jeppe

2014-01-01

The hydraulic performance of a velocity cap has been investigated. Velocity caps are often used in connection with offshore intakes. CFD (computational fluid dynamics) examined the flow through the cap openings and further down into the intake pipes. This was combined with dimension analyses...

Considerations on the possibility of measuring the economic and financial performance of the economic entity in accordance with corporate governance

Directory of Open Access Journals (Sweden)

Mihai C.SAVIN

2014-04-01

Full Text Available A system for measuring the economic and financial performance plays an important role in managing a business, because it provides the information necessary for decision making and launching of various actions. Tools and indicators for measurement and evaluation of economic and financial performance measures not only economic and financial performance, they are often integrated with policy, strategy, and many other aspects of behavior. Nowadays, complexity management forces managers to look at economic entities financial and economic performance under different angles either profitability or productivity, especially by creating value for shareholders and interest groups. As witch from one measurement system focused on financial parameters to another is only one aspect of change, have also gone to a new management style, participatory performance. The purpose of performance measurement company is multiple: to identify results that success or failure, to identify whether customer needs are met, to help the entity to understand its processes and to confirm what is known or to reveal what is not known, to identify where there are problems and where improvements are needed.

GDP Structure and Economic Performance in Sub-Saharan Countries

Directory of Open Access Journals (Sweden)

Luboš Smutka

2014-01-01

Full Text Available Africa belongs to important regions of the world economy with specific problems distinguishing this part of the world from other regions. The region is suffering because of limited economy structure and high level of poverty. Low economic performance ranks most of African countries among the worldwide poorest ones (both from the point of view of total economy performance and also individuals living standards; the development is hindered by political instability and also by other accompanied problems as high level of corruption, deficit of democracy, low level of education, limited investments, criminality, local conflicts, civil wars etc. On the other hand, African natural, economy and social resources and unexploited opportunities in many areas offer a potential for a considerable economic development. Understanding the current economic position of African states thus may reveal causes of problematic development and outline ways to overcome existing shortcomings. The aim of the paper is to analyze main changes in area of GDP structure formation (agricultural, industrial and services sector share in GDP and value performance which have occurred in selected African (Sub-Saharan countries. Changes are analyzed both in relation to the total GDP and GDP per capita. The authors identify main trends of economic development in the Sub-Saharan region and to specify differences among Sub-Saharan countries with the intention to identify particular groups of African countries according to their economic structure and to identify differences in their GDP formation.

Economic analyses to support decisions about HPV vaccination in low- and middle-income countries: a consensus report and guide for analysts.

Science.gov (United States)

Jit, Mark; Levin, Carol; Brisson, Marc; Levin, Ann; Resch, Stephen; Berkhof, Johannes; Kim, Jane; Hutubessy, Raymond

2013-01-30

Low- and middle-income countries need to consider economic issues such as cost-effectiveness, affordability and sustainability before introducing a program for human papillomavirus (HPV) vaccination. However, many such countries lack the technical capacity and data to conduct their own analyses. Analysts informing policy decisions should address the following questions: 1) Is an economic analysis needed? 2) Should analyses address costs, epidemiological outcomes, or both? 3) If costs are considered, what sort of analysis is needed? 4) If outcomes are considered, what sort of model should be used? 5) How complex should the analysis be? 6) How should uncertainty be captured? 7) How should model results be communicated? Selecting the appropriate analysis is essential to ensure that all the important features of the decision problem are correctly represented, but that the analyses are not more complex than necessary. This report describes the consensus of an expert group convened by the World Health Organization, prioritizing key issues to be addressed when considering economic analyses to support HPV vaccine introduction in these countries.

Simplicity: the key to improved safety, performance and economics

International Nuclear Information System (INIS)

McCandless, R.J.; Redding, J.R.

1989-01-01

In General Electric's Simplified Boiling Water Reactor (SBWR) design every feature, every system, every piece of equipment must justify its existence - or it must go. Each must perform a needed function in the simplest way because simplification is the key to high performance and competitive economics. The SBWR has the potential to become a safe, economical and environmentally sound energy source for the 1990s, GE believes. The distinctive features of the reactor are described. It is illustrated on a wall chart which also gives its main specifications

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.

Economic, Political and Communicative power in the neoliberal societies

Directory of Open Access Journals (Sweden)

Laura Bergés-Saura, Ph. D.

2010-01-01

Full Text Available The article analyses the relations between the economic, political and communicative powers in the socioeconomic model of neoliberal capitalism. Firstly, it examines the transformations in the economic power, to analyse later the various mechanisms linking this changing economic power to the media performance. Among these mechanisms, the article analyses the control of ownership and other external financial sources; the origin of commercial income; and business management techniques, while simultaneously investigating the relations between these variables and the transformations in the economic sphere. Following the political economy tradition, the article addresses the implications that the concentration of economic, political and communicative power have on democracy and freedom, taking into account the evolution of the socioeconomic and political system in the last decades.

Mortality and economic instability: detailed analyses for Britain and comparative analyses for selected industrialized countries.

Science.gov (United States)

Brenner, M H

1983-01-01

This paper discusses a first-stage analysis of the link of unemployment rates, as well as other economic, social and environmental health risk factors, to mortality rates in postwar Britain. The results presented represent part of an international study of the impact of economic change on mortality patterns in industrialized countries. The mortality patterns examined include total and infant mortality and (by cause) cardiovascular (total), cerebrovascular and heart disease, cirrhosis of the liver, and suicide, homicide and motor vehicle accidents. Among the most prominent factors that beneficially influence postwar mortality patterns in England/Wales and Scotland are economic growth and stability and health service availability. A principal detrimental factor to health is a high rate of unemployment. Additional factors that have an adverse influence on mortality rates are cigarette consumption and heavy alcohol use and unusually cold winter temperatures (especially in Scotland). The model of mortality that includes both economic changes and behavioral and environmental risk factors was successfully applied to infant mortality rates in the interwar period. In addition, the "simple" economic change model of mortality (using only economic indicators) was applied to other industrialized countries. In Canada, the United States, the United Kingdom, and Sweden, the simple version of the economic change model could be successfully applied only if the analysis was begun before World War II; for analysis beginning in the postwar era, the more sophisticated economic change model, including behavioral and environmental risk factors, was required. In France, West Germany, Italy, and Spain, by contrast, some success was achieved using the simple economic change model.

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 ...

Class Attendance and Performance in Principles of Economics

Science.gov (United States)

Cohn, Elchanan; Johnson, Eric

2006-01-01

A sample of 347 students, enrolled in principles of economics classes during the period 1997-2001, is used to examine the relation between class attendance and student performance on examinations. Among the questions examined are: Is attendance related to performance, with and without controls for other factors? Do only substantial levels of…

Modeling hard clinical end-point data in economic analyses.

Science.gov (United States)

Kansal, Anuraag R; Zheng, Ying; Palencia, Roberto; Ruffolo, Antonio; Hass, Bastian; Sorensen, Sonja V

2013-11-01

The availability of hard clinical end-point data, such as that on cardiovascular (CV) events among patients with type 2 diabetes mellitus, is increasing, and as a result there is growing interest in using hard end-point data of this type in economic analyses. This study investigated published approaches for modeling hard end-points from clinical trials and evaluated their applicability in health economic models with different disease features. A review of cost-effectiveness models of interventions in clinically significant therapeutic areas (CV diseases, cancer, and chronic lower respiratory diseases) was conducted in PubMed and Embase using a defined search strategy. Only studies integrating hard end-point data from randomized clinical trials were considered. For each study included, clinical input characteristics and modeling approach were summarized and evaluated. A total of 33 articles (23 CV, eight cancer, two respiratory) were accepted for detailed analysis. Decision trees, Markov models, discrete event simulations, and hybrids were used. Event rates were incorporated either as constant rates, time-dependent risks, or risk equations based on patient characteristics. Risks dependent on time and/or patient characteristics were used where major event rates were >1%/year in models with fewer health states (Models of infrequent events or with numerous health states generally preferred constant event rates. The detailed modeling information and terminology varied, sometimes requiring interpretation. Key considerations for cost-effectiveness models incorporating hard end-point data include the frequency and characteristics of the relevant clinical events and how the trial data is reported. When event risk is low, simplification of both the model structure and event rate modeling is recommended. When event risk is common, such as in high risk populations, more detailed modeling approaches, including individual simulations or explicitly time-dependent event rates, are

Balancing environmental and economic performance in the food-processing industry

DEFF Research Database (Denmark)

Akkerman, Renzo; van Donk, Dirk Pieter

2010-01-01

Changing customer requirements, unpredictable disturbances combined with expensive production facilities, are major problems for food processing companies to achieve synergy between the economic and environmental performance. There notably is a lack of tools to support decisions to explore effect...... in exploring the effect of uncertainty in demand and production. As a result, process design can be more robust: both economic and environmental. This position paper explores the problem and the main elements of the proposed scenario-based simulation approach.......Changing customer requirements, unpredictable disturbances combined with expensive production facilities, are major problems for food processing companies to achieve synergy between the economic and environmental performance. There notably is a lack of tools to support decisions to explore effects...

The Role of Culture, Competitiveness and Economic Performance in Explaining Academic Performance: A Global Market Analysis for International Student Segmentation

Science.gov (United States)

Baumann, Chris; Hamin

2011-01-01

A nation's culture, competitiveness and economic performance explain academic performance. Partial Least Squares (PLS) testing of 2252 students shows culture affects competitiveness and academic performance. Culture and economic performance each explain 32%; competitiveness 36%. The model predicts academic performance when culture, competitiveness…

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.

Analysing English metaphors of the economic crisis

Directory of Open Access Journals (Sweden)

Filippo-Enrico Cardini

2014-07-01

Full Text Available Abstract - The present article reports the findings of an investigation into the metaphorical expressions adopted by English-language magazines to describe the latest economic/financial crisis. The corpus used for the investigation was about 100,000 words large, with texts taken from The Economist and from The International Economy. All the articles selected from these two magazines were published between Fall 2008 and Winter 2012. The main aim of the inquiry was to offer a more detailed and comprehensive classification of economic-crisis-metaphors than those proposed in previous research. In this respect, a total number of forty different types of such metaphors was identified. Alongside the theoretical classification, a quantitative analysis of the data was also carried out in order to find out which kinds of metaphorical expression are used most frequently. Results suggest that the economic/financial crisis is predominantly conceptualized in terms of something negative about a human being, about an object, and about a motion. In particular, viewing a state of economic/financial crisis as a damaged or destroyed object appears to be the most widely adopted metaphor. Results also suggest that different economics magazines can vary significantly in the amount of metaphorical language used.Keywords: metaphor, economic crisis, semantics, pragmatics, journalistic styles.  Sommario – Questo articolo riporta i risultati di una ricerca sulle metafore adottate da riviste in lingua inglese per descrivere la recente crisi economica e finanziaria. Il corpus utilizzato per l’indagine è stato di circa 100.000 parole, con testi reperiti dal The Economist e dal The International Economy. Tutti gli articoli selezionati da queste due riviste sono stati pubblicati tra l’autunno 2008 e l’inverno 2012. Lo scopo principale dell’indagine è stato quello di fornire una classificazione delle metafore della crisi economica più dettagliata ed esauriente di

How Do Transfer Students Perform in Economics? Evidence from Intermediate Macroeconomics

Science.gov (United States)

Asarta, Carlos J.; Fuess, Scott M., Jr.; Perumal, Andrew

2013-01-01

For students taking intermediate-level economics, does it matter where they studied principles of economics? Does transferring college credit influence subsequent academic performance in economics? With a sample covering 1999-2008, the authors analyze in this article a group of nearly 1,000 students taking intermediate macroeconomics at a…

Performance Agent Groups in the Promotion of Smart Economic Growth

Directory of Open Access Journals (Sweden)

Krūzmētra Maiga

2017-12-01

Full Text Available Any country is interested in economic growth regardless of its development level in any period; yet an increasingly important role in defining growth is played by the term ‘smart growth’. The EU development strategy until 2020 defines smart growth as a strategic objective. Smart growth does not take place automatically. It is affected both by the condition of the economic, social and natural environments and by subjective factors - the competence of performance agents. The present research distinguished three groups of rural space and regional performance agents: national institutions, local governments and communities of residents of the territories examined by the research. The research summarised the opinions of experts (Latvia n=171; Lithuania n=163 from the south-eastern part of Latvia and the north-eastern part of Lithuania with the purpose of assessing the contribution of the performance agent groups to the promotion of smart economic growth. The research aimed to identify the positive indications of the contribution made by each performance agent group as well as the largest problems affecting the promotion of smart economic growth in each country. Despite the fact that the sample groups were not representative (did not reflect the views of the entire population, the obtained survey data and the results of this analysis provided insight into the performance agents’ action ratings from the bottom-up position and allowed comparing the situations in Latvia and Lithuania. The research has become an urgent task in project No. 5.2.3 “Rural and Regional Development Processes and Opportunities in Latvia in the Context of Knowledge Economy” in National Research Programme 5.2. "Economic Transformation, Smart Growth, Governance and Legal Framework for the State and Society for Sustainable Development - a New Approach to the Creation of a Sustainable Learning Community: EKOSOC-LV”.

Challenges when Performing Economic Optimization of Waste Treatment

DEFF Research Database (Denmark)

Juul, Nina; Münster, Marie; Ravn, Hans

2011-01-01

New investments in waste treatment facilities are needed due to a number of factors including continuously increasing waste amounts, political demands for efficient utilization of the waste resources in terms of recycling or energy production, and decommissioning of existing waste treatment...... facilities due to age and stricter environmental regulation. Optimization models can assist in ensuring that these investment strategies will be economically feasible. Various economic optimization models for waste treatment have been developed which focus on different parameters. Models focusing...... in multi criteria analysis have been developed. A thorough updated review of the existing models is presented and the main challenges and the crucial parameters to take into account when assessing the economic performance of waste treatment alternatives are identified. The review article will assist both...

Thermodynamic, Environmental and Economic Analyses of Solar Ejector Refrigeration System Application for Cold Storage

Directory of Open Access Journals (Sweden)

İbrahim ÜÇGÜL

2009-02-01

Full Text Available The refrigeration processes have been widely applied for especially in cold storages. In these plants, the systems working with compressed vapour cooling cycles have been used as a classical method. In general, electrical energy is used for compressing in these processes. Although, mainly the electricity itself has no pollution effect on the environment, the fossil fuels that are widely used to produce electricity in the most of the world, affect the nature terribly. In short, these refrigeration plants, because of the source of the electricity pollute the nature indirectly. However, for compression an ejector refrigeration system requires one of the important renewable energy sources with negligible pollution impact on the environment, namely solar energy from a thermal source. Thermodynamical, environmental and economical aspects of the ejector refrigeration system working with solar energy was investigated in this study. As a pilot case, apple cold storage plants widely used in ISPARTA city, which 1/5 th of apple production of TURKEY has been provided from, was chosen. Enviromental and economical advantages of solar ejector refrigeration system application for cold storage dictated by thermodynamic, economic and enviromental analyses in this research.

The Growth Story: Canada's Long-run Economic Performance and Prospects

OpenAIRE

Peter J. Nicholson

2003-01-01

In this lead article, Peter Nicholson, who until recently served as advisor to the Secretary General at the OECD and is currently serving as policy advisor to the Prime Minister, Paul Martin, discusses the long-run economic performance, prospects in Canada, and policy priorities based on the framework and insights that emerged from the recent study of economic growth released by the OECD. He argues that Canada has performed remarkably well since the mid-1990s, and that by the pro-growth polic...

ECOLOGICAL ECONOMICS VS ECONOMIC(AL ECOLOGY

Directory of Open Access Journals (Sweden)

G. Kharlamova

2015-10-01

Full Text Available Currently world faces the dilemma – ecological economy or economic(al ecology. The researchers produce hundreds of surveys on the topic. However the analyses of recent most cited simulations had shown the diversity of results. Thus, for some states the Kuznets environmental curve has place, for others – no. Same could be said about different years for the same state. It provokes the necessity of drawing new group analyses to reveal the tendencies and relationships between economic and environmental factors. Most flexible and mirror factor of environmental sustainability is the volume of CO2 emissions. The econometric analysis was used for detecting the economic impact on this indicator at the global level and in the spectra of group of states depending on their income. The hypothesis of the existence of environmental Kuznets curve for the analysed data is rejected. Real GDP per capita impact on carbon dioxide emissions is considered only at the global level. The impact of openness of the economy is weak. Rejection happened also to the hypothesis that for the developed countries there is a reverse dependence between the environmental pollution and economic openness. Indicator “energy consumption per capita” impacts on greenhouse gas emissions only in countries with high income. Whereby it should be noted that the more developed a country is, the more elastic is this influence. These results have a potential usage for environmental policy regulation and climate strategy.

economic assessment of the performance of private sector ...

African Journals Online (AJOL)

Admin

Economic and Extension, Delta State University, Asaba Campus, Nigeria ... This paper critically attempts to assess the performance of the private sector ... economy would depend to a large extent on the quantity ..... New York, USA: McGraw.

Sensitivity and uncertainty analyses for performance assessment modeling

International Nuclear Information System (INIS)

Doctor, P.G.

1988-08-01

Sensitivity and uncertainty analyses methods for computer models are being applied in performance assessment modeling in the geologic high level radioactive waste repository program. The models used in performance assessment tend to be complex physical/chemical models with large numbers of input variables. There are two basic approaches to sensitivity and uncertainty analyses: deterministic and statistical. The deterministic approach to sensitivity analysis involves numerical calculation or employs the adjoint form of a partial differential equation to compute partial derivatives; the uncertainty analysis is based on Taylor series expansions of the input variables propagated through the model to compute means and variances of the output variable. The statistical approach to sensitivity analysis involves a response surface approximation to the model with the sensitivity coefficients calculated from the response surface parameters; the uncertainty analysis is based on simulation. The methods each have strengths and weaknesses. 44 refs

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...

Economics of human performance and systems total ownership cost.

Science.gov (United States)

Onkham, Wilawan; Karwowski, Waldemar; Ahram, Tareq Z

2012-01-01

Financial costs of investing in people is associated with training, acquisition, recruiting, and resolving human errors have a significant impact on increased total ownership costs. These costs can also affect the exaggerate budgets and delayed schedules. The study of human performance economical assessment in the system acquisition process enhances the visibility of hidden cost drivers which support program management informed decisions. This paper presents the literature review of human total ownership cost (HTOC) and cost impacts on overall system performance. Economic value assessment models such as cost benefit analysis, risk-cost tradeoff analysis, expected value of utility function analysis (EV), growth readiness matrix, multi-attribute utility technique, and multi-regressions model were introduced to reflect the HTOC and human performance-technology tradeoffs in terms of the dollar value. The human total ownership regression model introduces to address the influencing human performance cost component measurement. Results from this study will increase understanding of relevant cost drivers in the system acquisition process over the long term.

Economic and environmental performance of the food industry

DEFF Research Database (Denmark)

Akkerman, Renzo; van Donk, Dirk Pieter

2007-01-01

Changing customer requirements, unpredictable disturbances combined with expensive production facilities, are major problems for food processing companies to achieve synergy between the economic and environmental performance. There notably is a lack of tools to support decision to explore effects...

Coastal and river flood risk analyses for guiding economically optimal flood adaptation policies: a country-scale study for Mexico

Science.gov (United States)

Haer, Toon; Botzen, W. J. Wouter; van Roomen, Vincent; Connor, Harry; Zavala-Hidalgo, Jorge; Eilander, Dirk M.; Ward, Philip J.

2018-06-01

Many countries around the world face increasing impacts from flooding due to socio-economic development in flood-prone areas, which may be enhanced in intensity and frequency as a result of climate change. With increasing flood risk, it is becoming more important to be able to assess the costs and benefits of adaptation strategies. To guide the design of such strategies, policy makers need tools to prioritize where adaptation is needed and how much adaptation funds are required. In this country-scale study, we show how flood risk analyses can be used in cost-benefit analyses to prioritize investments in flood adaptation strategies in Mexico under future climate scenarios. Moreover, given the often limited availability of detailed local data for such analyses, we show how state-of-the-art global data and flood risk assessment models can be applied for a detailed assessment of optimal flood-protection strategies. Our results show that especially states along the Gulf of Mexico have considerable economic benefits from investments in adaptation that limit risks from both river and coastal floods, and that increased flood-protection standards are economically beneficial for many Mexican states. We discuss the sensitivity of our results to modelling uncertainties, the transferability of our modelling approach and policy implications. This article is part of the theme issue `Advances in risk assessment for climate change adaptation policy'.

PLUS7TM In-Reactor Operating Performance and Economics

International Nuclear Information System (INIS)

Kim, Kyutae; Jang, Youngki; Choi, Joonhyung; Lee, Jinseok; Kim, Yoonho; Suh, Jungmin

2006-01-01

KNFC has developed an advanced fuel, PLUS7 TM , for the Korean Standard Nuclear Power Plants(KSNPs) through the joint development program with Westinghouse. With the help of various out-of-pile tests, it is found that the PLUS7 TM shows much better performance than the current fuel, GUARDIAN TM from the safety and economy points of view. Now four Lead Test Assembles(LTAs) of the PLUS7 TM are being irradiated for the 3 rd cycle after the successful completion of the 1 st and 2 nd irradiation cycles. During the 1 st and 2 nd irradiation cycles, no fuel failure was observed at LTAs and their nuclear-related parameters matched their design values well. During the overhaul period, on the other hand, pool side examinations were performed for four LTAs to generate key in-reactor fuel performance data such as fuel rod and assembly growths, fuel rod-to-top nozzle gap, fuel assembly bow and twist, fuel rod bow, spacer grid width, fuel rod diameter and fuel rod oxide layer thickness. It is found that all measured values are bounded by upper and lower predicted ones. The detailed economic analyses have shown that significant fuel cycle cost can be reduced by more than one million dollars per cycle of one KSNP with the introduction of the PLUS7 TM assembly. Furthermore, more than one hundred million dollars with power up-rating of 5% can be saved annually for currently operating eight KSNPs, which is easily and safety achievable with the PLUS7 TM assembly

School Performance: A Matter of Health or Socio-Economic Background? Findings from the PIAMA Birth Cohort Study.

Directory of Open Access Journals (Sweden)

Annemarie Ruijsbroek

Full Text Available Performance in primary school is a determinant of children's educational attainment and their socio-economic position and health inequalities in adulthood. We examined the relationship between five common childhood health conditions (asthma symptoms, eczema, general health, frequent respiratory infections, and overweight, health related school absence and family socio-economic status on children's school performance.We used data from 1,865 children in the Dutch PIAMA birth cohort study. School performance was measured as the teacher's assessment of a suitable secondary school level for the child, and the child's score on a standardized achievement test (Cito Test. Both school performance indicators were standardised using Z-scores. Childhood health was indicated by eczema, asthma symptoms, general health, frequent respiratory infections, overweight, and health related school absence. Children's health conditions were reported repeatedly between the age of one to eleven. School absenteeism was reported at age eleven. Highest attained educational level of the mother and father indicated family socio-economic status. We used linear regression models with heteroskedasticity-robust standard errors for our analyses with adjustment for sex of the child.The health indicators used in our study were not associated with children's school performance, independently from parental educational level, with the exception of asthma symptoms (-0.03 z-score / -0.04 z-score with Cito Test score after adjusting for respectively maternal and paternal education and missing more than 5 schooldays due to illness (-0.18 z-score with Cito Test score and -0.17 z-score with school level assessment after adjustment for paternal education. The effect estimates for these health indicators were much smaller though than the effect estimates for parental education, which was strongly associated with children's school performance.Children's school performance was affected only

School Performance: A Matter of Health or Socio-Economic Background? Findings from the PIAMA Birth Cohort Study.

Science.gov (United States)

Ruijsbroek, Annemarie; Wijga, Alet H; Gehring, Ulrike; Kerkhof, Marjan; Droomers, Mariël

2015-01-01

Performance in primary school is a determinant of children's educational attainment and their socio-economic position and health inequalities in adulthood. We examined the relationship between five common childhood health conditions (asthma symptoms, eczema, general health, frequent respiratory infections, and overweight), health related school absence and family socio-economic status on children's school performance. We used data from 1,865 children in the Dutch PIAMA birth cohort study. School performance was measured as the teacher's assessment of a suitable secondary school level for the child, and the child's score on a standardized achievement test (Cito Test). Both school performance indicators were standardised using Z-scores. Childhood health was indicated by eczema, asthma symptoms, general health, frequent respiratory infections, overweight, and health related school absence. Children's health conditions were reported repeatedly between the age of one to eleven. School absenteeism was reported at age eleven. Highest attained educational level of the mother and father indicated family socio-economic status. We used linear regression models with heteroskedasticity-robust standard errors for our analyses with adjustment for sex of the child. The health indicators used in our study were not associated with children's school performance, independently from parental educational level, with the exception of asthma symptoms (-0.03 z-score / -0.04 z-score with Cito Test score after adjusting for respectively maternal and paternal education) and missing more than 5 schooldays due to illness (-0.18 z-score with Cito Test score and -0.17 z-score with school level assessment after adjustment for paternal education). The effect estimates for these health indicators were much smaller though than the effect estimates for parental education, which was strongly associated with children's school performance. Children's school performance was affected only slightly by a

INFORMATION SYSTEM FOR MODELING ECONOMIC AND FINANCIAL PERFORMANCES

Directory of Open Access Journals (Sweden)

Boldeanu Dana Maria

2009-05-01

Full Text Available The analysis of the most important financial and economic indicators at the level of some organizations from the same sector of activity, the selection of performance ratios and generating a particular analysis model help companies to move from the desire

Combined heat and power from the intermediate pyrolysis of biomass materials: performance, economics and environmental impact

International Nuclear Information System (INIS)

Yang, Y.; Brammer, J.G.; Wright, D.G.; Scott, J.A.; Serrano, C.; Bridgwater, A.V.

2017-01-01

Highlights: • Performance of the Pyrolysis and CHP systems is studied and evaluated. • Overall CHP efficiency of the 1000 kg/h Pyro-CHP system is 42.5%. • Levelised Energy Cost is high, but the optimistic scenario is potentially profitable. • Life-cycle GHG analysis shows strong positive environmental benefits. - Abstract: Combined heat and power from the intermediate pyrolysis of biomass materials offers flexible, on-demand renewable energy with some significant advantages over other renewable routes. To maximise the deployment of this technology an understanding of the dynamics and sensitivities of such a system is required. In the present work the system performance, economics and life-cycle environmental impact is analysed with the aid of the process simulation software Aspen Plus. Under the base conditions for the UK, such schemes are not currently economically competitive with energy and char products produced from conventional means. However, under certain scenarios as modelled using a sensitivity analysis this technology can compete and can therefore potentially contribute to the energy and resource sustainability of the economy, particularly in on-site applications with low-value waste feedstocks. The major areas for potential performance improvement are in reactor cost reductions, the reliable use of waste feedstocks and a high value end use for the char by-product from pyrolysis.

Technical and economic analyses of hydrogen production via indirectly heated gasification and pyrolysis

Energy Technology Data Exchange (ETDEWEB)

Mann, M.K. [National Renewable Energy Laboratory, Golden, CO (United States)

1995-09-01

Technoeconomic analyses have been conducted on two processes to produce hydrogen from biomass: indirectly-heated gasification of biomass followed by steam reforming of the syngas, and biomass pyrolysis followed by steam reforming of the pyrolysis oil. The analysis of the gasification-based process was highly detailed, including a process flowsheet, material and energy balances calculated with a process simulation program, equipment cost estimation, and the determination of the necessary selling price of hydrogen. The pyrolysis-based process analysis was of a less detailed nature, as all necessary experimental data have not been obtained; this analysis is a follow-up to the preliminary economic analysis presented at the 1994 Hydrogen Program Review. A coproduct option in which pyrolysis oil is used to produce hydrogen and a commercial adhesive was also studied for economic viability. Based on feedstock availability estimates, three plant sizes were studied: 907 T/day, 272 T/day, and 27 T/day. The necessary selling price of hydrogen produced by steam reforming syngas from the Battelle Columbus Laboratories indirectly heated biomass gasifier falls within current market values for the large and medium size plants within a wide range of feedstock costs. Results show that the small scale plant does not produce hydrogen at economically competitive prices, indicating that if gasification is used as the upstream process to produce hydrogen, local refueling stations similar to current gasoline stations, would probably not be feasible.

Continuous spatial modelling to analyse planning and economic consequences of offshore wind energy

International Nuclear Information System (INIS)

Moeller, Bernd

2011-01-01

Offshore wind resources appear abundant, but technological, economic and planning issues significantly reduce the theoretical potential. While massive investments are anticipated and planners and developers are scouting for viable locations and consider risk and impact, few studies simultaneously address potentials and costs together with the consequences of proposed planning in an analytical and continuous manner and for larger areas at once. Consequences may be investments short of efficiency and equity, and failed planning routines. A spatial resource economic model for the Danish offshore waters is presented, used to analyse area constraints, technological risks, priorities for development and opportunity costs of maintaining competing area uses. The SCREAM-offshore wind model (Spatially Continuous Resource Economic Analysis Model) uses raster-based geographical information systems (GIS) and considers numerous geographical factors, technology and cost data as well as planning information. Novel elements are weighted visibility analysis and geographically recorded shipping movements as variable constraints. A number of scenarios have been described, which include restrictions of using offshore areas, as well as alternative uses such as conservation and tourism. The results comprise maps, tables and cost-supply curves for further resource economic assessment and policy analysis. A discussion of parameter variations exposes uncertainties of technology development, environmental protection as well as competing area uses and illustrates how such models might assist in ameliorating public planning, while procuring decision bases for the political process. The method can be adapted to different research questions, and is largely applicable in other parts of the world. - Research Highlights: → A model for the spatially continuous evaluation of offshore wind resources. → Assessment of spatial constraints, costs and resources for each location. → Planning tool for

FY01 Supplemental Science and Performance Analyses, Volume 1: Scientific Bases and Analyses, Part 1 and 2

International Nuclear Information System (INIS)

Dobson, David

2001-01-01

The U.S. Department of Energy (DOE) is considering the possible recommendation of a site at Yucca Mountain, Nevada, for development as a geologic repository for the disposal of high-level radioactive waste and spent nuclear fuel. To facilitate public review and comment, in May 2001 the DOE released the Yucca Mountain Science and Engineering Report (S and ER) (DOE 2001 [DIRS 153849]), which presents technical information supporting the consideration of the possible site recommendation. The report summarizes the results of more than 20 years of scientific and engineering studies. A decision to recommend the site has not been made: the DOE has provided the S and ER and its supporting documents as an aid to the public in formulating comments on the possible recommendation. When the S and ER (DOE 2001 [DIRS 153849]) was released, the DOE acknowledged that technical and scientific analyses of the site were ongoing. Therefore, the DOE noted in the Federal Register Notice accompanying the report (66 FR 23 013 [DIRS 155009], p. 2) that additional technical information would be released before the dates, locations, and times for public hearings on the possible recommendation were announced. This information includes: (1) the results of additional technical studies of a potential repository at Yucca Mountain, contained in this FY01 Supplemental Science and Performance Analyses: Vol. 1, Scientific Bases and Analyses; and FY01 Supplemental Science and Performance Analyses: Vol. 2, Performance Analyses (McNeish 2001 [DIRS 155023]) (collectively referred to as the SSPA) and (2) a preliminary evaluation of the Yucca Mountain site's preclosure and postclosure performance against the DOE's proposed site suitability guidelines (10 CFR Part 963 [64 FR 67054] [DIRS 124754]). By making the large amount of information developed on Yucca Mountain available in stages, the DOE intends to provide the public and interested parties with time to review the available materials and to formulate

Economic and social analyses at a regional level in the light of competitiveness

Directory of Open Access Journals (Sweden)

Nicoleta Maria Gogâltan

2014-12-01

Full Text Available In most economic studies, competitiveness is considered a key issue of the political success failure. A major element which contributes to regional inequalities is the level of competitiveness. This element has been the subject of numerous studies over the past years, even though more attention was given to the national level and less to the regional one. Moreover, the purpose of these regional analyses is the correlation of territorial objectives and problems with possible sources of financing, seeing to ensure optimal combinations between regional demand and supply, the optimal distribution of the income and of the results obtained, regional competitiveness, the location of clusters, etc.

CORRUPTION, POVERTY AND ECONOMIC PERFORMANCE: EASTERN EUROPE AND CENTRAL ASIA CASE

OpenAIRE

Ildırar, Mustafa; Iscan, Erhan

2015-01-01

Corruption, defined as “the misuse of public power for private benefit.” The World Bank describes corruption as one of the greatest obstacles to economic and social development. It undermines development by distorting the rule of law and weakening the institutional foundation on which economic performance depends. In past decades, many theoretical and empirical studies have presented corruption hinders investment, reduces economic growth, restricts trade, distorts government expenditures and ...

Integrated well-to-wheel assessment on biofuels, analysing energy, emission and welfare economic consequences

Energy Technology Data Exchange (ETDEWEB)

Slentoe, E.; Moeller, F.; Frederiksen, P.; Jepsen, M.R.

2011-07-15

Various biofuel evaluation methods exist, with different analytical framework setup and different scopes. The scope of this study is to develop an integrated method to evaluate the consequences of producing biofuels. The consequences should include energy consumption, emission and welfare economic changes within the well-to-wheel (WTW) flow chain focusing on the production of biomass, and the subsequent conversion into bio fuel and combustion in vehicles. This method (Moeller and Slentoe, 2010) is applied to a Danish case, implementing policy targets for biofuel use in the transport sector and also developing an alternative scenario of higher biofuel shares. This paper presents the results of three interlinked parallel running analyses, of energy consumption, emissions and welfare economics (Slentoe, Moeller and Winther, 2010), and discusses the feasibility of those analyses, which are based on the same consequential analysis method, comparing a scenario situation to a reference situation. As will be shown, the results are not univocal; example given, what is an energy gain is not necessarily a welfare economic gain. The study is conducted as part of the Danish REBECa project. Within this, two main scenarios, HS1 and HS2, for biofuel mixture in fossil diesel fuel and gasoline are established. The biofuel rape diesel (RME) stems from rape seeds and bioethanol stems from either wheat grains (1st generation) or straw (2nd generation) - all cultivated in Denmark. The share of 2nd generation bioethanol exceeds 1st generation bioethanol towards 2030. Both scenarios initiate at a 5.75% mixture in 2010 and reach 10% and 25% in 2030 for HS1 and HS2, such that the low mixture scenario reflects the Danish Act on sustainable biofuels (June 2009), implementing the EU renewable energy directive (2009/29/EC), using biofuels as energy carrier. The two scenarios are computed in two variants each, reflecting oil prices at 65$ and 100$ per barrel. (Author)

Effect of Economic Vulnerability on Competitive Advantages, Enterprise Performance and Sustainability

Directory of Open Access Journals (Sweden)

Abdullah Al Mamun

2018-04-01

Full Text Available This study investigated the effect of economic vulnerability upon competitive advantages, performance, and sustainability of micro-enterprises owned and managed by micro-entrepreneurs who participate in varied development initiatives in Peninsular Malaysia. Upon adopting the cross-sectional design, data were randomly collected from selected 300 micro-entrepreneurs from the eKasih program (national poverty data bank located in four states of Peninsular Malaysia. The quantitative data were collected by conducting structured interview sessions with the respondents held from September until November 2017. The findings revealed that the state of economic vulnerability among the respondents had a significantly negative effect on the aspects of competitive advantages, performance, and sustainability among micro-enterprises in Peninsular Malaysia. Despite of the widely acknowledged and empirically examined effects of socioeconomic antecedents upon micro-enterprise performance, the focus on the effect of a more comprehensive measure of socioeconomic condition, that is, economic vulnerability, among low-income households appears to be scant. Hence, the outcomes of this study are able to provide critical insights for development organizations pertaining to development programs and their effectiveness on economically vulnerable, particularly among low-income households in Peninsular Malaysia.

Economic analysis of hydrogen production through a bio-ethanol steam reforming process: Sensitivity analyses and cost estimations

International Nuclear Information System (INIS)

Song, Hua; Ozkan, Umit S.

2010-01-01

In this study, the hydrogen selling price from ethanol steam reforming has been estimated for two different production scenarios in the United States, i.e. central production (150,000 kg H 2 /day) and distributed (forecourt) production (1500 kg H 2 /day), based on a process flowchart generated by Aspen Plus registered including downstream purification steps and economic analysis model template published by the U.S Department of Energy (DOE). The effect of several processing parameters as well as catalyst properties on the hydrogen selling price has been evaluated. 2.69/kg is estimated as the selling price for a central production process of 150,000 kg H 2 /day and 4.27/kg for a distributed hydrogen production process at a scale of 1500 kg H 2 /day. Among the parameters investigated through sensitivity analyses, ethanol feedstock cost, catalyst cost, and catalytic performance are found to play a significant role on determining the final hydrogen selling price. (author)

Activity-Based Costing Model for Assessing Economic Performance.

Science.gov (United States)

DeHayes, Daniel W.; Lovrinic, Joseph G.

1994-01-01

An economic model for evaluating the cost performance of academic and administrative programs in higher education is described. Examples from its application at Indiana University-Purdue University Indianapolis are used to illustrate how the model has been used to control costs and reengineer processes. (Author/MSE)

Energy–exergy and economic analyses of a hybrid solar–hydrogen renewable energy system in Ankara, Turkey

International Nuclear Information System (INIS)

Ozden, Ender; Tari, Ilker

2016-01-01

Highlights: • Uninterrupted energy in an emergency blackout situation. • System modeling of a solar–hydrogen based hybrid renewable energy system. • A comprehensive thermodynamical analysis. • Levelized cost of electricity analysis for a project lifetime of 25 years. - Abstract: A hybrid (Solar–Hydrogen) stand-alone renewable energy system that consists of photovoltaic panels (PV), Proton Exchange Membrane (PEM) fuel cells, PEM based electrolyzers and hydrogen storage is investigated by developing a complete model of the system using TRNSYS. The PV panels are mounted on a tiltable platform to improve the performance of the system by monthly adjustments of the tilt angle. The total area of the PV panels is 300 m 2 , the PEM fuel cell capacity is 5 kW, and the hydrogen storage is at 55 bars pressure and with 45 m 3 capacity. The main goal of this study is to verify that the system meets the electrical power demand of the emergency room without experiencing a shortage for a complete year in an emergency blackout situation. For this purpose, after modeling the system, energy and exergy analyses for the hydrogen cycle of the system for a complete year are performed, and the energy and exergy efficiencies are found as 4.06% and 4.25%, respectively. Furthermore, an economic analysis is performed for a project lifetime of 25 years based on Levelized Cost of Electricity (LCE), and the LCE is calculated as 0.626 $/kWh.

Systematic review of economic evaluation analyses of available vaccines in Spain from 1990 to 2012.

Science.gov (United States)

Cortés, Isabel; Pérez-Camarero, Santiago; Del Llano, Juan; Peña, Luz María; Hidalgo-Vega, Alvaro

2013-08-02

The objective of this survey was to describe the evolution of economic evaluation studies on vaccines available in Spain. We conducted a systematic review of the economic evaluations published by Spanish researchers in major bibliographic databases available online from 1990 to 2012. For all references identified, we limited them to full economic evaluation carried out in Spanish vaccine programs. The following variables were analyzed: type of study, year of publication, vaccine evaluated, the herd immunity and the main methodological aspects proposed by international guidelines. The type of vaccines studied were Hepatitis A and B, Rotavirus, Influenza, Varicella, Tetanus, Measles, Human papillomavirus, Streptococcus pneumoniae infection and Neisseria meningitides serogroup C infection. A total of 34 references was included in the study. The number of economic evaluations has been increasing over the years by 86%. For many of the vaccines there were no economic evaluations, while others such as the vaccine against S. pneumoniae infection took up most of the studies. The non-vaccinated comparison was the most used strategy. The cost-effectiveness model was selected in 60% of cases. The most common health outcome was "cost per case prevented" and in 82% of the studies did not consider herd immunity. The results showed a cost-effectiveness ratio which was below breakeven. It is clear that the existence of a huge gap in this kind of work compared to other countries. Although the quality of the work discussed here was significant, we found many areas which could be improved. The reviewed literature exposed the great benefit of vaccination for society by analysing the health outcomes achieved for decades since its implementation. However, the evidence on the efficiency and effectiveness vaccination is not very high, and there are few studies about economic evaluation. Copyright © 2013 Elsevier Ltd. All rights reserved.

Long-Run Nexus between Tax Revenue on Economic Performance: Empirical Evidence from Malaysia

OpenAIRE

Roshaiza Taha; Nanthakumar Loganathan

2014-01-01

Taxation is main source of government income and has direct linkages with economic performance for most of countries. This study attempts to investigate the long-run nexus between economic performance and tax revenue for Malaysia as a developing nation with dynamic economic progress for the last 2 decades. To determine the long-run nexus, we used the structural breaks effects with the conjunction of ARDL cointegration analysis along with causality analysis. The empirical finding successfully ...

Thermoeconomic and environmental analyses of a low water consumption combined steam power plant and refrigeration chillers – Part 1: Energy and economic modelling and analysis

International Nuclear Information System (INIS)

Ifaei, Pouya; Rashidi, Jouan; Yoo, ChangKyoo

2016-01-01

Highlights: • Proposing two energy systems by combining refrigeration chillers and power plants. • Model-based comparison of the systems through energy and economic standpoints. • Reducing total annual costs of the base system up to 4.7% by process integration. • Decreasing the water loss in wet cooling towers by up to 18% in the proposed system. • Suggesting a water-fuel economic management strategy based on parametric analysis. - Abstract: Two novel configurations are proposed to replace the conventional Rankine cycle based steam power plants (SPP) with natural draft wet cooling towers (NDWCT) as cooling units. Closed feedwater heater unit of the base SPP-NDWCT system is eliminated in order to combine a vapor compression refrigeration (VCR) and an absorption heat pump (ABHP) with the base SPP-NDWCT system. Both VCR-SPP-NDWCT and ABHP-SPP-NDWCT systems are integrated to decrease the NDWCT load which could result in water losses decrease. In part one of the presented two-part paper, model-based energy and economic analyses are performed to compare systems performance and applicability. The temperature difference at pinch point and temperature difference between the hot and cold sides of the heat exchangers which were used for systems integration in VCR-SPP-NDWCT, and the absorber pressure and temperature in ABHP-SPP-NDWCT system are studied using parametric analysis procedure. A water-fuel management strategy is also introduced for the ABHP-SPP-NDWCT system according to the influence of the absorber pressure changes on system water and fuel consumption. In part 2, environmental and thermoeconomic analyses are performed to complete a comprehensive study on designing steam power plants. The results of part 1 showed that water losses and total annual costs decreased by 1–18% and 0–4.7% for the ABHP-SPP-NDWCT system but increased by 11% and 60% for the VCR-SPP-NDWCT system, respectively.

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.

Nation-State Size, Ethnic Diversity and Economic Performance in the Advanced Capitalist Countries

DEFF Research Database (Denmark)

Patsiurkoa, Natalka; Campbell, John L.; Hall, John A.

2013-01-01

This paper examines the proposition that the economic performance of advanced capitalist countries depends on their size and ethnic composition. As such it blends insights from two important literatures in comparative political economy. One is exemplified by the work of Peter Katzenstein, who wrote...... the classic treatise on the relationship between nation-state size and economic performance. Another is illustrated by the work of Ernest Gellner, whose work suggested that economic performance depends on the ethnic composition of the nation-state. The argument is tested on pooled data from 30 advanced...... capitalist countries for the 1985 through 2007 period. Regression analysis confirms that ethnically homogenous countries tend to have stronger rates of economic growth during this period than ethnically heterogeneous countries but that neither the size of countries nor the interaction of size and ethnic...

Performance Analyses in an Assistive Technology Service Delivery Process

DEFF Research Database (Denmark)

Petersen, Anne Karin

Performance Analyses in an Assistive Technology Service Delivery Process.Keywords: process model, occupational performance, assistive technologiesThe Poster is about teaching students, using models and theory in education and practice. It is related to Occupational therapy process and professional...... af top-til-bund, klientcentreret og aktivitetsbaseret interventioner, ERGO/MunksgaardFisher, A. &, Griswold, L. A., 2014. Performance Skills. I: B.Schell red.2014 Occupational Therapy. Willard &Spackman’s occupational therapy. -12th ed., p.249-264Cook A.M., Polgar J.M. (2015) Assistive Technologies...

Utilization of oil wells for electricity generation: Performance and economics

International Nuclear Information System (INIS)

Kharseh, Mohamad; Al-Khawaja, Mohammed; Hassani, Ferri

2015-01-01

There is a general agreement that the climate change, which is the most important challenge facing humanity, is anthropogenic and attributed to fossil fuel consumption. Therefore, deploying more renewable energy resources is an urgent issue to be addressed. Geothermal refers to existing heat energy in deep rock and sedimentary basins. Traditionally, geothermal energy has been exploited in places with plentiful hot water at relatively shallow depth. Unfortunately, the high exploration and drilling costs of boreholes is the main barrier to the commerciality of geothermal worldwide. In oil producing countries, such problems can be overcome by utilizing oil or gas wells. The current study presents thermodynamic and economic analyses of a binary geothermal power generation system for commercial electricity generation. Two different source temperatures (100 and 120 °C) and constant sink temperature (29 °C) were considered. The optimal working fluid and optimal design that improve the performance of the plant are determined. For the current costs in Qatar, the economical analysis of 5 MW geothermal plant shows that the levelized cost of electricity for the plant varies from 5.6 to 5.2 ¢/kW. Whereas, the payback period of such plants lies between 5.8 and 4.8 years. - Highlights: • Utilizing oil well makes geothermal plant competitive with other resources. • R32 seems to be the best working fluid. • The levelized cost of electricity for geothermal plant is less than 5.6 ¢/kWh. • The payback time of geothermal plant is less than 6 years.

Performance and economic effects of partially replacing soybean ...

African Journals Online (AJOL)

The performance and economic effects of replacing soybean meal with palm kernel cake (PKC) in broiler diet was investigated in other to determine the optimal level of inclusion for maximum production in broilers. A total of 120 broiler chicks were randomly distributed into four treatment groups of 30 birds each.

Insight into the Female Longevity Puzzle: Using Register Data to Analyse Mortality and Cause of Death Behaviour Across Socio-economic Groups

DEFF Research Database (Denmark)

Kallestrup-Lamb, Malene; Rosenskjold, Carsten Paysen T.

This paper analyses the complexity of female longevity improvements. As socio-economic status influence health and mortality, we partition all individuals, at each age and year, into ten socio-economic groups based on an affluence measure. We identify the particular socio-economic groups that have...... for all subgroups, however with particular large decreases for the low-middle and middle affluence groups. We find that causes of deaths related to smoking partly contribute to the slowdown in female longevity. However the lack of improvements in deaths relating to ischemic heart diseases is dominant...

Economic analyses of alpha channeling in tokamak power plants

International Nuclear Information System (INIS)

Ehst, D.A.

1998-01-01

The hot-ion-mode of operation [1] has long been thought to offer optimized performance for long-pulse or steady-state magnetic fusion power plants. This concept was revived in recent years when theoretical considerations suggested that nonthermal fusion alpha particles could be made to channel their power density preferentially to the fuel ions [2,3]. This so-called anomalous alpha particle slowing down can create plasmas with fuel ion temperate T i somewhat larger than the electron temperature T e , which puts more of the beta-limited plasma pressure into the useful fuel species (rather than non-reacting electrons). As we show here, this perceived benefit may be negligible or nonexistent for tokamaks with steady state current drive. It has likewise been argued [2,3] that alpha channeling could be arranged such that little or no external power would be needed to generate the steady state toroidal current. Under optimistic assumptions we show that such alpha-channeling current drive would moderately improve the economic performance of a first stability tokamak like ARIES-I [4], however a reversed-shear (advanced equilibrium) tokamak would likely not benefit since traditional radio-wave (rf) electron-heating current drive power would already be quite small

Pengaruh Corporate Social Responsibility Disclosure Dan Environmental Performance Terhadap Economic Performance Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia

OpenAIRE

Saputri, Novitasari; Heriningsih, Sucahyo

2012-01-01

This research is aimed to examine effect Corporate Social Responsibility(CSR) Disclosure and EnvironmentalPerformance on Economic Performance.This research used Corporate Social Responsibility Index (CSDI) asmeasure of CSR, Proper Index as measure of Environmental Performance and Return on Equity (ROE) asmeasure of Economic Performance. The samples of this research are 11 manufactur firms listed at IndonesianStock Exchange year 2006 until 2009. The research hyphotesis were tested using mu...

Performance, Carcass Evaluation And Economics Of Production Of ...

African Journals Online (AJOL)

An eight-weeks feeding trial involving 162,8-week old goldline cockerel birds was carried out in a completely randomized design to evaluate the performance, carcass characteristics and economics of production of cockerels fed whole cassava plant meal (WCPM). Diet 1 was maize based and served as the control, diet 2 ...

Economic Performance Analysis of National Research and Development Project

Energy Technology Data Exchange (ETDEWEB)

Kim, S. S.; Yun, S. W.; Kim, S. E. [KAERI, Daejeon (Korea, Republic of)

2016-05-15

There are a lot of differences between these two evaluation programs in terms of their main objectives, assessment items, and evaluation methods by item. When considering the recent evaluation trend of being more concerned with the objective and scientifically well-founded base of judgment than the qualitative results data, there seems to be much supplement and improvement points in both evaluation programs. Firstly, the MSIP's evaluation program which is known as 'The performance analysis of national R and D program in Korea is applying the principle of ex-post evaluation for the overall performances of R and D activities focusing on the scientific and technological outputs, economic effects, and social performances such as the training of science and engineering personnel. Its report has been done and published by the collaboration of MSIP and KISTEP(Korea Institute of Science and Technology Evaluation and Planning). There seems to be a trend that the economic contributions to the national economy and the industries by national R and D projects have been underestimated due to the difficulties of not presenting properly the reliable quantitative effects even though they have contributed not only to the real economy and economic growth but to the industrial productions and public benefits. The key reasons to this phenomenon might be the deficiency of perception for evaluation tools and methodologies development and the original difficulty of evaluation for R and D performances. Especially the evaluation results for national R and D projects could impact on the investment decision on the long-term national R and D program, with being based on the investment efficiency or the necessity and urgency which might be represented by evaluation results.

Economic Performance Analysis of National Research and Development Project

International Nuclear Information System (INIS)

Kim, S. S.; Yun, S. W.; Kim, S. E.

2016-01-01

There are a lot of differences between these two evaluation programs in terms of their main objectives, assessment items, and evaluation methods by item. When considering the recent evaluation trend of being more concerned with the objective and scientifically well-founded base of judgment than the qualitative results data, there seems to be much supplement and improvement points in both evaluation programs. Firstly, the MSIP's evaluation program which is known as 'The performance analysis of national R and D program in Korea is applying the principle of ex-post evaluation for the overall performances of R and D activities focusing on the scientific and technological outputs, economic effects, and social performances such as the training of science and engineering personnel. Its report has been done and published by the collaboration of MSIP and KISTEP(Korea Institute of Science and Technology Evaluation and Planning). There seems to be a trend that the economic contributions to the national economy and the industries by national R and D projects have been underestimated due to the difficulties of not presenting properly the reliable quantitative effects even though they have contributed not only to the real economy and economic growth but to the industrial productions and public benefits. The key reasons to this phenomenon might be the deficiency of perception for evaluation tools and methodologies development and the original difficulty of evaluation for R and D performances. Especially the evaluation results for national R and D projects could impact on the investment decision on the long-term national R and D program, with being based on the investment efficiency or the necessity and urgency which might be represented by evaluation results

SOL-PAC: Integrated solar heating and heat pump systems for refurbished buildings - Performance analysis; SOL-PAC: analyse des performances du couplage d'une pompe a chaleur avec une installation solaire thermique pour la renovation - Rapport final

Energy Technology Data Exchange (ETDEWEB)

Citherlet, C.; Bony, J.; Nguyen, B.

2008-07-01

The purpose of this study is to evaluate the energetic and economic performances of various types of brine/water heat pumps coupled with a fan coil fitted with solar collectors. Different indicators such as the annual coefficient of performance or the electricity consumption have been compared between the different analysed systems. The optimization of the energy control system and energy storage was investigated in order to reduce the operation time of the fan coil. This study has been performed using the TRNSYS computerized simulation package. The icing of the fan coil as well as its defrosting cycles could not been taken into account within the framework of this project, because of a lack of a numerical model. At current electricity prices, the most economical solution remains the heat pump without solar collectors. However, from an energy point of view, the annual overall coefficient of performance of the installation may be improved by 15 to 36%, depending on the climate, thanks to the coupling with solar collectors. (author)

Critique of the Council on Economic Priorities test ''power plant performance: nuclear and coal capacity factors and economics''

International Nuclear Information System (INIS)

Simard, R.L.

1977-01-01

The Council on Economic Priorities (CEP) has assembled capacity factor data on most U.S. nuclear and coal-fired units in operation, performed a regression analysis upon capacity factor as a function of intrinsic unit variables such as size and age, and attempted a comparison of the economics of typical nuclear and coal-fired units using the resultant fitted-capacity factors. The report points out inadequacies in the CEP data base, the lack of predictive value in the results of the regression analysis, and inconsistencies in the economic evaluation of nuclear and coal-fired units

Capital Flight and Economic Performance

OpenAIRE

Beja, Edsel Jr.

2007-01-01

Capital flight aggravates resource constraints and contributes to undermine long-term economic growth. Counterfactual calculations on the Philippines suggest that capital flight contributed to lower the quality of long-term economic growth. Sustained capital flight over three decades means that capital flight had a role for the Philippines to lose the opportunities to achieve economic takeoff. Unless decisive policy actions are taken up to address enduring capital flight and manage the macroe...

Operational safety performance and economical efficiency evaluation for nuclear power plants

International Nuclear Information System (INIS)

Liu Yachun; Zou Shuliang

2012-01-01

The economical efficiency of nuclear power includes a series of environmental parameters, for example, cleanliness. Nuclear security is the precondition and guarantee for its economy, and both are the direct embodiment of the social benefits of nuclear power. Through analyzing the supervision and management system on the effective operation of nuclear power plants, which has been put forward by the International Atomic Energy Agency (IAEA), the World Association of Nuclear Operators (WANO), the U.S. Nuclear Regulatory Commission (NRC), and other organizations, a set of indexs on the safety performance and economical efficiency of nuclear power are explored and established; Based on data envelopment analysis, a DEA approach is employed to evaluate the efficiency of the operation performance of several nuclear power plants, Some primary conclusion are achieved on the basis of analyzing the threshold parameter's sensitivity and relativity which affected operational performance. To address the conflicts between certain security and economical indicators, a multi-objective programming model is established, where top priority is given to nuclear safety, and the investment behavior of nuclear power plant is thereby optimized. (authors)

Economic Analyses and Potential Market of the 200MW Nuclear Heating Reactor

International Nuclear Information System (INIS)

Wang, Yongqing; Wang, Guiying

1992-01-01

Based on the 5MW experimental nuclear heating reactor, Intent has developed a 200MW demonstration nuclear heating reactor. Owing to its simplified systems and low operating parameters, the NCR-200 has preferable investment in comparison with that of a nuclear power plant. The pre-feasibility studies for several cities in Northern China have shown that the heat cost of a NCR-200 can be competitive with a coal fired heating plant. As a safe, clean and economic heat source, the NCR could pose a large market in replacement of coal for heating. The R and D work performed up to now has demonstrated that the NCR-200 operating under the present parameters can supply low pressure steam for industrial process and co-generation to enhance it economic benefit. The NCR-200 could also serve a heat source for air condition by using Li Br refrigerator, this application is very interesting to some cities in Central and Southern China. The applications of the NCR in oil recovery by injecting hot water and transportation are very promising for some oil fields in North China. In addition, the study on sea water desalination using the NCR-200 is being carried out at present under international cooperation. All of these will expansion the possible application of the NCR. The paper presents the economic analysis and the potential market of the NCR-200

Review of accident analyses performed at Mochovce NPP

International Nuclear Information System (INIS)

Siko, D.

2000-01-01

In this paper the review of accident analysis performed in NPP Mochovce V-1 is presented. The scope of these safety measures was defined and development in the T SSM for NPP Mochovce Nuclear Safety Improvements Report' issued in July 1995. The main objectives of these safety measures were the followings: (a) to establish the criteria for selection and classification of accidental events, as well as defining the list of initiating events to be analysed. Accident classification to the individual groups must be performed in accordance with RG 1.70 and IAEA recommendations 'Guidelines for Accidental Analysis of WWER NPP' (IAEA-EBR-WWER-01) to select boundary cases to be calculated from the scope of initiating events; (b ) to elaborate the accident analysis methodology that also includes acceptance criteria for their result evaluation, initial and boundary conditions, assumption related with the application of the single failure criteria, requirements on the analysis quality, used computer codes, as well as NPP models and input data for the accident analysis; (c) to perform the accident analysis for the Pre-operational Safety Report (POSAR); (d) to provide a synthetic report addressing the validity range of codes models and correlations, the assessment against relevant tests results, the evidence of the user qualification, the modernisation and nodding scheme for the plant and the justification of used computer codes. Analyses results showed that all acceptance criteria were met with satisfactory margin and design of the NPP Mochovce is accurate. (author)

Network meta-analyses performed by contracting companies and commissioned by industry

NARCIS (Netherlands)

Schuit, Ewoud; Ioannidis, John P A

2016-01-01

Background: Industry commissions contracting companies to perform network meta-analysis for health technology assessment (HTA) and reimbursement submissions. Our objective was to estimate the number of network meta-analyses performed by consulting companies contracted by industry, to assess whether

Economic analyses of rapid population growth.

Science.gov (United States)

Birdsall, N

1989-01-01

"Discussion of the macroeconomic consequences of rapid population growth is organized into three schools: pessimists, optimists, and the recent revisionists. For the revisionists, differing views are presented about the pervasiveness and relevance of market failures, such as the negative externalities of childbearing, and about the ability of families and institutions to adjust rapidly to changes brought on by rapid population growth. A welfare economics approach is used to review the merits of various public policies to reduce fertility, including public financing of family planning services and taxes and incentives associated with childbearing." The focus is on developing countries. excerpt

Analysing the performance of dynamic multi-objective optimisation algorithms

CSIR Research Space (South Africa)

Helbig, M

2013-06-01

Full Text Available and the goal of the algorithm is to track a set of tradeoff solutions over time. Analysing the performance of a dynamic multi-objective optimisation algorithm (DMOA) is not a trivial task. For each environment (before a change occurs) the DMOA has to find a set...

Comprehensive energy and economic analyses on a zero energy house versus a conventional house

Energy Technology Data Exchange (ETDEWEB)

Zhu, L. [School of Architecture, Tianjin University, Tianjin, 300072 (China); Hurt, R.; Correa, D.; Boehm, R. [Center for Energy Research, University of Nevada, Las Vegas, NV 89154 (United States)

2009-09-15

A zero energy house (ZEH) was built side by side with a baseline house in suburban Las Vegas. Actual energy performance measurements were carried out on the incorporated energy saving features and solar applications. The data show that a radiant barrier and a water-cooled air conditioner are major contributors to the energy savings, while an insulated floor slab and thermal mass walls are not effective for energy-conservation during cooling periods. Photovoltaic roof tiles produce enough green power to cover the use in the ZEH, and the solar water heater can reach a peak efficiency of 80%. The energy saving contribution of each incorporated component was obtained using Energy10 and eQUEST3.6 models, and then these codes were used for economic application evaluation. The two analysis codes yield similar results that compare well with the actual building performance data. Four items are clearly economically valuable for these applications: high performance windows, compact fluorescent lights, highly-insulated roofs and air conditioners with water-cooled condensers. PV tiles show a good financial return when rebates are considered. The Integrated Collector Storage (ICS) unit has a high efficiency but with a little higher thermal price. Thermal mass walls are too costly to have wide market appeal. (author)

Economic and environmental performance of alternative policy measures to reduce nutrient surpluses in Finnish agriculture

Directory of Open Access Journals (Sweden)

H. LEHTONEN

2008-12-01

Full Text Available This paper provides an economic sector level analysis of the effectiveness of different policy measures in decreasing nitrogen (N and phosphorus (P surpluses from agriculture in order to reduce nutrient runoff from agricultural fields to watercourses and to improve water quality of surface waters. Assuming no changes in the EU level policies after CAP reform 2003 we focus on national level policy measures such as full or partial de-coupling of national support from production, payments for reduced nutrient surpluses of N and P, and N fertiliser tax. None of the analysed policy measures is superior one with respect to environmental performance, since full decoupling of national support would be the most effective in reducing P surpluses while payment for reduced nutrient surplus performed best with respect to N surpluses. Economic performance (farmers’ compliance cost per %-reduction of N or P surplus of full and partial de-coupling of national support is clearly better than that of specialised agri-environmental policy instruments, because both decoupling scenarios result in the increase of farmers’ income in comparison to base scenario, and thus compliance costs are in fact negative in these two cases. Our analysis confirms the fact that the overall policy package matters a lot for the effectiveness of agrienvironmental policy measures. Environmental performance of agri-environmental policy measures may be significantly reduced, if they are implemented jointly with production coupled income support policies. Thus, in order to increase the effectiveness of agri-environmental policy measures agricultural income support policies should be decoupled from production and this alone would bring substantial reduction in nutrient surpluses.;

Cooperative biogas plants. Economic results and analyses. Status report 1998

International Nuclear Information System (INIS)

Hjort-Gregersen, K.

1998-11-01

The years 1995 - 1998 have been characterised by stabilisation of operation and economy of the Danish co-operative biogas plants. Most of the plants have obtained increasingly better economic results although the increase has been less significant than during earlier periods. There are several reasons for the increase. Most of the plants have been able to increase the sales income because of larger amounts of biomass available resulting in an increased biogas production. Furthermore it has been possible to contain the income level for biomass receipt. Several plants have established gas collection in storage tanks, which has resulted in increased gas yield. The operational stability related to both technique and processes have improved. The operational costs have been stabilised and are under control at most of the plants. The improved economic results have resulted in most of the plants having a satisfactory operation and economy. However, it must be stressed that some of the oldest plants have not been able to settle the investment dept at normal conditions. Also some, even rather new plants, still are in a difficult economic situation. Most of the plants established in the 90'ies have had a good start both operationally and economically. Thus the economic risk of establishing a plant has been reduced compared to earlier years. Generally the prerequisites for establishing a biogas plant are favourable economic conditions and quality assurance of the project. (LN)

Effect of corporate economic performance on firm-level environmental performance in a transition economy

Czech Academy of Sciences Publication Activity Database

Earnhart, D.; Lízal, Lubomír

2010-01-01

Roč. 46, č. 3 (2010), s. 303-329 ISSN 0924-6460 R&D Projects: GA MŠk LC542 Institutional research plan: CEZ:MSM0021620846 Keywords : Czech Republic * environmental protection * financial performance * pollution Subject RIV: AH - Economics Impact factor: 1.297, year: 2010

High performance liquid chromatography in pharmaceutical analyses

Directory of Open Access Journals (Sweden)

Branko Nikolin

2004-05-01

Full Text Available In testing the pre-sale procedure the marketing of drugs and their control in the last ten years, high performance liquid chromatographyreplaced numerous spectroscopic methods and gas chromatography in the quantitative and qualitative analysis. In the first period of HPLC application it was thought that it would become a complementary method of gas chromatography, however, today it has nearly completely replaced gas chromatography in pharmaceutical analysis. The application of the liquid mobile phase with the possibility of transformation of mobilized polarity during chromatography and all other modifications of mobile phase depending upon the characteristics of substance which are being tested, is a great advantage in the process of separation in comparison to other methods. The greater choice of stationary phase is the next factor which enables realization of good separation. The separation line is connected to specific and sensitive detector systems, spectrafluorimeter, diode detector, electrochemical detector as other hyphernated systems HPLC-MS and HPLC-NMR, are the basic elements on which is based such wide and effective application of the HPLC method. The purpose high performance liquid chromatography(HPLC analysis of any drugs is to confirm the identity of a drug and provide quantitative results and also to monitor the progress of the therapy of a disease.1 Measuring presented on the Fig. 1. is chromatogram obtained for the plasma of depressed patients 12 h before oral administration of dexamethasone. It may also be used to further our understanding of the normal and disease process in the human body trough biomedical and therapeutically research during investigation before of the drugs registration. The analyses of drugs and metabolites in biological fluids, particularly plasma, serum or urine is one of the most demanding but one of the most common uses of high performance of liquid chromatography. Blood, plasma or

Green analytical chemistry introduction to chloropropanols determination at no economic and analytical performance costs?

Science.gov (United States)

Jędrkiewicz, Renata; Orłowski, Aleksander; Namieśnik, Jacek; Tobiszewski, Marek

2016-01-15

In this study we perform ranking of analytical procedures for 3-monochloropropane-1,2-diol determination in soy sauces by PROMETHEE method. Multicriteria decision analysis was performed for three different scenarios - metrological, economic and environmental, by application of different weights to decision making criteria. All three scenarios indicate capillary electrophoresis-based procedure as the most preferable. Apart from that the details of ranking results differ for these three scenarios. The second run of rankings was done for scenarios that include metrological, economic and environmental criteria only, neglecting others. These results show that green analytical chemistry-based selection correlates with economic, while there is no correlation with metrological ones. This is an implication that green analytical chemistry can be brought into laboratories without analytical performance costs and it is even supported by economic reasons. Copyright © 2015 Elsevier B.V. All rights reserved.

Economic evaluation studies in reproductive medicine: a systematic review of methodologic quality

NARCIS (Netherlands)

Moolenaar, Lobke M.; Vijgen, Sylvia M. C.; Hompes, Peter; van der Veen, Fulco; Mol, Ben Willem J.; Opmeer, Brent C.

2013-01-01

To evaluate the methodologic quality of economic analyses published in the field of reproductive medicine. Systematic review. Centers for reproductive care. Infertility patients. We performed a Medline search to identify economic evaluation studies in reproductive medicine. We included studies that

Economic burden of schizophrenia: empirical analyses from a survey in Thailand.

Science.gov (United States)

Phanthunane, Pudtan; Whiteford, Harvey; Vos, Theo; Bertram, Melanie

2012-03-01

Evidence consistently indicates that schizophrenia is a costly disease although it is not a high prevalence disorder. There are a few studies in developing countries but no study in Thailand reporting the cost of schizophrenia from a societal perspective. Health policy makers need to be aware of the cost of health care for people with schizophrenia as well as the economic burden on patients and families. This study aims to provide a detailed breakdown of the costs attributed to schizophrenia including the consumption of public health care resources by people with schizophrenia and the negative consequences on patients and families due to productivity losses. Data from a survey conducted in 2008 among people in treatment for schizophrenia were used to estimate annual medical costs for treatment including outpatient services, hospitalization and patient travel. Indirect costs were estimated for reported productivity losses of patients and families. Uncertainty analysis was performed using Monte Carlo simulation methods. We tested the sensitivity of varying assumptions about market wages to estimate productivity losses. All cost estimates are adjusted to 2008 using the Consumer Price Index and reported in Thai baht (THB). The average annual exchange rate of Thai baths to one US dollar was 33.5 in 2008. The annual overall cost of schizophrenia was estimated to be THB 87 000 (USD 2600) (95% CI: 83 000, 92 000) per person or THB 31 000 million (USD 925 million) (95% CI: 26 000, 37 000) for the entire population with schizophrenia in Thailand. Indirect costs due to high unemployment, absenteeism and presenteeism of patients and families accounted for 61% of the total economic burden of schizophrenia. The largest component of direct medical cost was for hospitalizations (50%), followed by outpatient services and drug costs. Sensitivity analyses suggest that using labor force survey and socioeconomic status survey provided similar results, while lost productivity when the

Overall performance assessment of a combined cycle power plant: An exergo-economic analysis

International Nuclear Information System (INIS)

Sahin, Ahmet Z.; Al-Sharafi, Abdullah; Yilbas, Bekir S.; Khaliq, Abdul

2016-01-01

Highlights: • An exergo-economic analysis is carried out for a combined cycle power plant. • An overall performance index (OPI) is defined to analyze the power plant. • Four performance indicators and three scenarios are considered in the analysis. • The optimum configuration of the power plant differs for each scenarios considered. - Abstract: An exergo-economic analysis is carried out for a combined cycle power plant using the first law and the second law of thermodynamics, and the economic principles while incorporating GT PRO/PEACE Software Packages. An overall performance index (OPI) is defined to assess and analyze the optimum operational and design configurations of the power plant. Four performance indicators are considered for the analysis; namely, energy efficiency (ENE), exergy efficiency (EXE), levelized cost of electricity (COE), and the total investment (TI) cost. Three possible scenarios are considered in which different weight factor is assigned to the performance indicators when assessing the performance. These scenarios are: (i) the conventional case in which the levelized cost of electricity is given a high priority, (ii) environmental conscious case in which the exergy efficiency is given a high priority, and (iii) the economical case in which the total cost of investment is given a high priority. It is shown that the optimum size and the configuration of the power plant differ for each scenarios considered. The selection and optimization of the size and configuration of the power plant are found to be depending on the user priorities and the weight factors assigned to the performance indicators.

Bank performance and corporate culture

OpenAIRE

Stentella Lopes, F.S.

2015-01-01

This thesis has three chapters and focuses on the performance of banks and on corporate culture. The first two chapters focus on bank performance and economic expectations. Specifically, the first chapter sheds light on the consistency between investors’ reaction to merger announcement and bankers’ expectation on merger gains. The second chapter analyses the link between high expectations for future economic success and bank performance. The third chapter focuses on corporate culture and it s...

Space and economics : An introduction to regional economics

NARCIS (Netherlands)

Heijman, W.J.M.; Schipper, R.A.

2010-01-01

The subject area Regional Economics is becoming more and more topical. This means that in economic analyses the production factor 'space' is of increasing importance. This study book aims to integrate space in the area of General Economics in an analytical way. Models and their applications play a

Challenges when performing economic optimization of waste treatment: A review

International Nuclear Information System (INIS)

Juul, N.; Münster, M.; Ravn, H.; Söderman, M. Ljunggren

2013-01-01

Highlights: • Review of main optimization tools in the field of waste management. • Different optimization methods are applied. • Different fractions are analyzed. • There is focus on different parameters in different geographical regions. • More research is needed which encompasses both recycling and energy solutions. - Abstract: Strategic and operational decisions in waste management, in particular with respect to investments in new treatment facilities, are needed due to a number of factors, including continuously increasing amounts of waste, political demands for efficient utilization of waste resources, and the decommissioning of existing waste treatment facilities. Optimization models can assist in ensuring that these investment strategies are economically feasible. Various economic optimization models for waste treatment have been developed which focus on different parameters. Models focusing on transport are one example, but models focusing on energy production have also been developed, as well as models which take into account a plant’s economies of scale, environmental impact, material recovery and social costs. Finally, models combining different criteria for the selection of waste treatment methods in multi-criteria analysis have been developed. A thorough updated review of the existing models is presented, and the main challenges and crucial parameters that need to be taken into account when assessing the economic performance of waste treatment alternatives are identified. The review article will assist both policy-makers and model-developers involved in assessing the economic performance of waste treatment alternatives

Challenges when performing economic optimization of waste treatment: A review

Energy Technology Data Exchange (ETDEWEB)

Juul, N., E-mail: njua@dtu.dk [DTU Management, Risø Campus, Technical University of Denmark (Denmark); Münster, M., E-mail: maem@dtu.dk [DTU Management, Risø Campus, Technical University of Denmark (Denmark); Ravn, H., E-mail: hans.ravn@aeblevangen.dk [RAM-løse edb, Æblevangen 55, 2765 Smørum (Denmark); Söderman, M. Ljunggren, E-mail: maria.ljunggren@chalmers.se [Energy and Environment, Chalmers University of Technology, Gothenburg (Sweden); IVL Swedish Environmental Research Institute, Gothenburg (Sweden)

2013-09-15

Highlights: • Review of main optimization tools in the field of waste management. • Different optimization methods are applied. • Different fractions are analyzed. • There is focus on different parameters in different geographical regions. • More research is needed which encompasses both recycling and energy solutions. - Abstract: Strategic and operational decisions in waste management, in particular with respect to investments in new treatment facilities, are needed due to a number of factors, including continuously increasing amounts of waste, political demands for efficient utilization of waste resources, and the decommissioning of existing waste treatment facilities. Optimization models can assist in ensuring that these investment strategies are economically feasible. Various economic optimization models for waste treatment have been developed which focus on different parameters. Models focusing on transport are one example, but models focusing on energy production have also been developed, as well as models which take into account a plant’s economies of scale, environmental impact, material recovery and social costs. Finally, models combining different criteria for the selection of waste treatment methods in multi-criteria analysis have been developed. A thorough updated review of the existing models is presented, and the main challenges and crucial parameters that need to be taken into account when assessing the economic performance of waste treatment alternatives are identified. The review article will assist both policy-makers and model-developers involved in assessing the economic performance of waste treatment alternatives.

Post-accession economic development of Poland

Directory of Open Access Journals (Sweden)

Witold ORŁOWSKI

2011-12-01

Full Text Available The aim of this paper is to analyse the economic performance of Poland in the post-accession period. Poland joined the EU in 2004, after a long and difficult economic transition. The whole post-accession period could be divided into two sub-periods: the pre-crisis period of 2004-07, and the turbulent period of 2008-11. During the pre-crisis period, Poland recorded a fast growth, with a built-up of macroeconomic disequilibria. During the turbulent period, the economy was dealing successfully with the global financial crisis. The growth slowed down and the disequilibria were reduced. The paper discusses the growth patterns in the both sub-periods and tries to explain the factors that contributed to the good economic performance during the financial crisis. The astonishingly good economic growth results cannot be attributed to a single factor, but to a combination of many factors contributing at the same time. However, Poland has many valuable assets that may help in dealing with the further economic turbulences.

Economic performance of Czech business entities in the context of CSRs’ implementation

Directory of Open Access Journals (Sweden)

Marcela Basovníková

2013-01-01

Full Text Available The term responsible entrepreneurship refers to economic success of a business by the inclusion of social and environmental considerations into a company’s operational processes. It satisfies customers’ demands, whilst also managing the expectations of employees, suppliers and the surrounding community. In general, the term Social Corporate Responsibility means a positive contribution to society including management of enterprise’s environmental impacts. The major determinants of the CSR values can be explored such as economic, cultural and leadership factors. Corporate Social Responsibility has been receiving increased attention also from bodies which give certification to companies with CSR in practice. There are different certificates which companies can apply for, if being „responsible“, such as SA 8000, GRI, AA1000, IiP or ISO26000. The aim of this paper is to introduce various certificates, namely SA 8000 and look in details on economic data of 9 companies, chosen from 25 in the Czech Republic, which received this label.Both traditional and modern indicators for assessment of business entities’ economic performance within the entity sample are employed as the inclusion of the economic factors on the CSR. Indices of credibility in order to evaluate the financial status of sample entities are utilised as well. The mentioned economic analysis is managed both in the period before the implementation of the certified CSR system and in the ex-post period. The results of economic analysis in the period before receiving the SA8000 certificate are evaluated using the mathematic-statistical methods to reveal development trend regarding their economic performance and to conduct comparison to respective industrial means.

Pengukuran Kinerja Perusahaan Melalui Economic Value Added (Eva) Dan (Mva) Market Value

OpenAIRE

Andhaniwati, Erry

2011-01-01

Performance corporating to constitute one of prescriptive factor gets on descent of stock price because firm performance constitute to refuse fathom for investor deeping to determine stock bid price. Economic Value Added, and Market Value Added are umpteen corporate performance grader that can be utilized by investor in assesses how well firm performance. Therefore to the effect this research is subject to be analyse influence among Economic Value Added , and Market Value Added to stock pr...

Economic performance of photovoltaic water pumping systems with business model innovation in China

International Nuclear Information System (INIS)

Zhang, Chi; Campana, Pietro Elia; Yang, Jin; Yan, Jinyue

2017-01-01

Highlights: • A new business model of PV systems is proposed for PV water pumping systems (PVWP). • Three PVWP and one PV-roof scenarios are analysed to estimate economic performance. • The impacts of market incentives in four PV scenarios are insubstantial for its economic payback. • The PVWP system with added-value products will improve economy potential. - Abstract: Expansion by photovoltaic (PV) technologies in the renewable energy market requires exploring added value integrated with business model innovation. In recent years, a pilot trial of PV water pumping (PVWP) technologies for the conservation of grassland and farmland has been conducted in China. In this paper, we studied the added value of the PVWP technologies with an emphasis on the integration of the value proposition with the operation system and customer segmentation. Using the widely used existing PV business models (PV-roof) as a reference, we evaluated discounted cash flow (DCF) and net present value (NPV) under the scenarios of traditional PV roof, PVWP pilot, PVWP scale-up, and PVWP social network, where further added value via social network was included in the business model. The results show that the integrated PVWP system with social network products significantly improves the performance in areas such as the discounted payback period, internal rate of return (IRR), and return on investment (ROI). We conclude that scenario PVWP social network with business model innovation, can result in value add-ins, new sources of revenue, and market incentives. The paper also suggests that current policy incentives for PV industry are not efficient due to a limited source of revenue, and complex procedures of feed-in tariff verification.

Site-Specific Analyses for Demonstrating Compliance with 10 CFR 61 Performance Objectives - 12179

Energy Technology Data Exchange (ETDEWEB)

Grossman, C.J.; Esh, D.W.; Yadav, P.; Carrera, A.G. [U.S. Nuclear Regulatory Commission, 11545 Rockville Pike, Rockville, MD 20852 (United States)

2012-07-01

The U.S. Nuclear Regulatory Commission (NRC) is proposing to amend its regulations at 10 CFR Part 61 to require low-level radioactive waste disposal facilities to conduct site-specific analyses to demonstrate compliance with the performance objectives in Subpart C. The amendments would require licensees to conduct site-specific analyses for protection of the public and inadvertent intruders as well as analyses for long-lived waste. The amendments would ensure protection of public health and safety, while providing flexibility to demonstrate compliance with the performance objectives, for current and potential future waste streams. NRC staff intends to submit proposed rule language and associated regulatory basis to the Commission for its approval in early 2012. The NRC staff also intends to develop associated guidance to accompany any proposed amendments. The guidance is intended to supplement existing low-level radioactive waste guidance on issues pertinent to conducting site-specific analyses to demonstrate compliance with the performance objectives. The guidance will facilitate implementation of the proposed amendments by licensees and assist competent regulatory authorities in reviewing the site-specific analyses. Specifically, the guidance provides staff recommendations on general considerations for the site-specific analyses, modeling issues for assessments to demonstrate compliance with the performance objectives including the performance assessment, intruder assessment, stability assessment, and analyses for long-lived waste. This paper describes the technical basis for changes to the rule language and the proposed guidance associated with implementation of the rule language. The NRC staff, per Commission direction, intends to propose amendments to 10 CFR Part 61 to require licensees to conduct site-specific analyses to demonstrate compliance with performance objectives for the protection of public health and the environment. The amendments would require a

INDICATORS OF THE ECONOMIC AND FINANCIAL PERFORMANCE FOR THE PUBLIC UNIVERSITIES IN ROMANIA

Directory of Open Access Journals (Sweden)

Cristina-Petrina Trincu-Dragusin

2016-12-01

Full Text Available Quantifying the economic and financial performance in public universities represents a current, very interesting and quite a controversial matter of debate given that the accounting information realm is not sufficient explored through the financial analysis. The paper focuses on the ways of measuring the economic and financial performance in public universities in Romania, having as main purpose to provide a set of assessing indicators, by adapting the financial analysis paradigm existing for the private sector, to the public sector particularities. The specific objectives refer to the rentability, self-financing capacity, efficiency of the university expenditures and risk analysis, and the research approach is developed in the context in which either the national law or the international one do not regulate specific indicators for the economic and financial performance analysis within the public sector institutions

Does the company's economic performance affect access to occupational health services?

Science.gov (United States)

Kankaanpää, Eila; Suhonen, Aki; Valtonen, Hannu

2009-09-02

In Finland like in many other countries, employers are legally obliged to organize occupational health services (OHS) for their employees. Because employers bear the costs of OHS it could be that in spite of the legal requirement OHS expenditure is more determined by economic performance of the company than by law. Therefore, we explored whether economic performance was associated with the companies' expenditure on occupational health services. We used a prospective design to predict expenditure on OHS in 2001 by a company's economic performance in 1999. Data were provided by Statistics Finland and expressed by key indicators for profitability, solidity and liquidity and by the Social Insurance Institution as employers' reimbursement applications for OHS costs. The data could be linked at the company level. Regression analysis was used to study associations adjusted for various confounders. Nineteen percent of the companies (N = 6 155) did not apply for reimbursement of OHS costs in 2001. The profitability of the company represented by operating margin in 1999 and adjusted for type of industry was not significantly related to the company's probability to apply for reimbursement of the costs in 2001 (OR = 1.00, 95%CI: 0.99 to 1.01). Profitability measured as operating profit in 1999 and adjusted for type of industry was not significantly related to costs for curative medical services (Beta -0.001, 95%CI: -0.00 to 0.11) nor to OHS cost of prevention in 2001 (Beta -0.001, 95%CI: -0.00 to 0.00). We did not find a relation between the company's economic performance and expenditure on OHS in Finland. We suppose that this is due to legislation obliging employers to provide OHS and the reimbursement system both being strong incentives for employers.

FISCAL EFFECTIVENESS UNDER REGIONAL ECONOMIC INTEGRATION: INDONESIAN AGRICULTURAL PERFORMANCE CASE

Directory of Open Access Journals (Sweden)

Nasrudin Nasrudin

2013-04-01

Full Text Available AbstractThis paper investigates the effectiveness of fiscal policy in boosting agricultural sector performance and seeks the most effective policy in the presence of regional economic integration. It predicts the effectiveness of fiscal policy on the agricultural sector performance in four periods; the new order regime, the economic crisis, and pre and post China Free Trade Area (CAFTA. It also predicts the impact of fiscal policy on agricultural sector performance when CAFTA is fully implemented. It finds that fiscal policy is more effective in the optimum allocation of expenditures. It also finds that the agricultural sector can grow faster when the portion of capital expenditure increases.Keywords: Fiscal effectiveness, economic integration, agricultureJEL Classification Numbers: E62, F15, Q17AbstrakMakalah ini menyelidiki efektivitas kebijakan fiskal dalam mendorong kinerja sektor pertanian dan mencari kebijakan yang paling efektif dengan adanya integrasi ekonomi regional. Makalah ini memprediksi efektivitas kebijakan fiskal dalam meningkatkan kinerja sektor pertanian dalam empat periode; rezim orde baru, krisis ekonomi, sebelum pelaksanaan China Free Trade Area (CAFTA, dan setelah pelaksanaan CAFTA. Makalah ini juga memprediksi dampak kebijakan fiskal terhadap kinerja sektor pertanian saat CAFTA sepenuhnya dilaksanakan. Hasil analisis menemukan bahwa kebijakan fiskal lebih efektif dalam alokasi optimal dari pengeluaran. Analisis juga menemukan bahwa sektor pertanian dapat tumbuh lebih cepat ketika porsi peningkatan belanja modal meningkat.Keywords: Efektivitas fiskal, integrasi ekonomi, pertanianJEL Classification Numbers: E62, F15, Q17

Exploring economic structure and drivers of economic growth in Botswana

Directory of Open Access Journals (Sweden)

Patricia Lindelwa Makoni

2015-12-01

Full Text Available This article set out to analyse the economic structure and main economic drivers in Botswana. Botswana, a country in sub-Saharan Africa, is a relatively small economy, hugely dependent on its diamond mineral wealth. Concerns have arisen in recent years that the diamond deposits will soon be depleted and the country therefore needs to embark on a diversification programme to broaden its economic base. In order to understand the Botswana economy, its economic structure and current domestic sectorial performance were evaluated, as well as its trends in imports and exports. An analysis of the data shows that, regardless of the awareness of the sensitivity to external shocks of commodity prices, as well as the obvious future depletion of diamond reserves, the Botswana economy continues to rely on diamonds, at the expense of attracting international capital flows to enhance and maintain sustainable economic growth, through investments in agriculture, manufacturing and tourism. It is therefore recommended that the Government of Botswana becomes proactive and implements recommended policies to diversify its economy, so that it can sustain or improve its economic growth by becoming a prime destination of international capital and domestic private sector investment, thereby increasing employment and trade opportunities.

Evaluation of Effect of Global Economic Meltdown on Capital Market Performance

Directory of Open Access Journals (Sweden)

ONAOLAPO ADEKUNLE RAHMAN

2013-07-01

Full Text Available The recent financial crisis that loomed the global economy was considered more inclusive than any other period of financial turmoil in the past 60 years. This paper evaluates the implications of the global economic meltdown on the Nigerian Capital Market Performance using the market capitalization of the Nigerian Stock Exchange as a major indicator. When the global economic meltdown came, it poses a recession on the Market Capitalization and the volume of share index of the Nation. This study depends entirely on secondary data in form of annual aggregate time series data of Market capitalization (dependent variable, exchange rate, interest rate, inflation rate, market share index with Dummy variable to represent the period of economic crisis. Ordinary least square of multiple regressions was used to analyze the data into econometric model while F-statistics was used to test for the formulated hypothesis. This study depicts that the global economic meltdown has a negative effect on the Capital Market Performance. It was therefore recommended that the Federal government and the regulatory agencies (CBN, NSE, SEC etc. should come up with intervention and fiscal policies that will suppress these effects and jumpstart the capital market and that the policies should be properly implemented and monitored.

The Economics of Networking

DEFF Research Database (Denmark)

Sørensen, Olav Jull

The literature on business networks is often oversocialized. The economic side of business is implicitly assumed. This paper analyses the economics of network behavior by loking at each of the key concepts in the Network Theory.......The literature on business networks is often oversocialized. The economic side of business is implicitly assumed. This paper analyses the economics of network behavior by loking at each of the key concepts in the Network Theory....

Economic evaluation of algae biodiesel based on meta-analyses

Science.gov (United States)

Zhang, Yongli; Liu, Xiaowei; White, Mark A.; Colosi, Lisa M.

2017-08-01

The objective of this study is to elucidate the economic viability of algae-to-energy systems at a large scale, by developing a meta-analysis of five previously published economic evaluations of systems producing algae biodiesel. Data from original studies were harmonised into a standardised framework using financial and technical assumptions. Results suggest that the selling price of algae biodiesel under the base case would be 5.00-10.31/gal, higher than the selected benchmarks: 3.77/gal for petroleum diesel, and 4.21/gal for commercial biodiesel (B100) from conventional vegetable oil or animal fat. However, the projected selling price of algal biodiesel (2.76-4.92/gal), following anticipated improvements, would be competitive. A scenario-based sensitivity analysis reveals that the price of algae biodiesel is most sensitive to algae biomass productivity, algae oil content, and algae cultivation cost. This indicates that the improvements in the yield, quality, and cost of algae feedstock could be the key factors to make algae-derived biodiesel economically viable.

Economic conditions, hypertension, and cardiovascular disease: analysis of the Icelandic economic collapse.

Science.gov (United States)

Birgisdóttir, Kristín Helga; Jónsson, Stefán Hrafn; Ásgeirsdóttir, Tinna Laufey

2017-12-01

Previous research has found a positive short-term relationship between the 2008 collapse and hypertension in Icelandic males. With Iceland's economy experiencing a phase of economic recovery, an opportunity to pursue a longer-term analysis of the collapse has emerged. Using data from a nationally representative sample, fixed-effect estimations and mediation analyses were performed to explore the relationship between the Icelandic economic collapse in 2008 and the longer-term impact on hypertension and cardiovascular health. A sensitivity analysis was carried out with pooled logit models estimated as well as an alternative dependent variable. Our attrition analysis revealed that results for cardiovascular diseases were affected by attrition, but not results from estimations on the relationship between the economic crisis and hypertension. When compared to the boom year 2007, our results point to an increased probability of Icelandic women having hypertension in the year 2012, when the Icelandic economy had recovered substantially from the economic collapse in 2008. This represents a deviation from pre-crisis trends, thus suggesting a true economic-recovery impact on hypertension.

The Influence of Multiple Specializations on Economic Performance in U.S. Metropolitan Areas

Directory of Open Access Journals (Sweden)

Saheum Hong

2016-09-01

Full Text Available Scholars have recently been debating how economic structure affects regional economic performance. Regional economic structure typically indicates how the industries in regions are organized. The attribute of industrial organization in regions is typically measured by how the employment in a region is distributed among various sectors. If the employment in a region is highly concentrated on a limited number of sectors, that region is industrially specialized. On the contrary, when the employment is more evenly distributed among various industries, that region is highly diversified in its industrial organization. In this context, some researchers recognized that diversity and specialization are not opposite concepts. Instead, they can coexist, for example in the form of diversified specializations. In this study, this body of literature was extended by formulating an indicator to measure the extent of multiple specializations in regional economies and by examining the effect of multiple specializations on regional economic performance. Empirical analysis showed that specializing in multiple industrial pursuits helped regions to achieve both faster and more stable economic growth.

An econometric analysis of the performance of the Nigerian economy

African Journals Online (AJOL)

This paper analyses the economic performance of Nigeria over the years and posits that improvement in monetary policy is necessary to influence aggregate economic performance since it has proven to be more effective in the Nigerian context. NESG Economic Indicators Vol. 13 (3) 2007 pp. 24-30. AJOL African Journals ...

Economics of fusion research

Energy Technology Data Exchange (ETDEWEB)

None, None

1977-10-15

This report provides the results of a study of methods of economic analysis applied to the evaluation of fusion research. The study recognizes that a hierarchy of economic analyses of research programs exists: standard benefit-cost analysis, expected value of R and D information, and expected utility analysis. It is shown that standard benefit-cost analysis, as commonly applied to research programs, is inadequate for the evaluation of a high technology research effort such as fusion research. A methodology for performing an expected value analysis is developed and demonstrated and an overview of an approach to perform an expected utility analysis of fusion research is presented. In addition, a potential benefit of fusion research, not previously identified, is discussed and rough estimates of its magnitude are presented. This benefit deals with the effect of a fusion research program on optimal fossil fuel consumption patterns. The results of this study indicate that it is both appropriate and possible to perform an expected value analysis of fusion research in order to assess the economics of a fusion research program. The results indicate further that the major area of benefits of fusion research is likely due to the impact of a fusion research program on optimal fossil fuel consumption patterns and it is recommended that this benefit be included in future assessments of fusion research economics.

Economics of fusion research

International Nuclear Information System (INIS)

1977-01-01

This report provides the results of a study of methods of economic analysis applied to the evaluation of fusion research. The study recognizes that a hierarchy of economic analyses of research programs exists: standard benefit-cost analysis, expected value of R and D information, and expected utility analysis. It is shown that standard benefit-cost analysis, as commonly applied to research programs, is inadequate for the evaluation of a high technology research effort such as fusion research. A methodology for performing an expected value analysis is developed and demonstrated and an overview of an approach to perform an expected utility analysis of fusion research is presented. In addition, a potential benefit of fusion research, not previously identified, is discussed and rough estimates of its magnitude are presented. This benefit deals with the effect of a fusion research program on optimal fossil fuel consumption patterns. The results of this study indicate that it is both appropriate and possible to perform an expected value analysis of fusion research in order to assess the economics of a fusion research program. The results indicate further that the major area of benefits of fusion research is likely due to the impact of a fusion research program on optimal fossil fuel consumption patterns and it is recommended that this benefit be included in future assessments of fusion research economics

Review of radionuclide source terms used for performance-assessment analyses

International Nuclear Information System (INIS)

Barnard, R.W.

1993-06-01

Two aspects of the radionuclide source terms used for total-system performance assessment (TSPA) analyses have been reviewed. First, a detailed radionuclide inventory (i.e., one in which the reactor type, decay, and burnup are specified) is compared with the standard source-term inventory used in prior analyses. The latter assumes a fixed ratio of pressurized-water reactor (PWR) to boiling-water reactor (BWR) spent fuel, at specific amounts of burnup and at 10-year decay. TSPA analyses have been used to compare the simplified source term with the detailed one. The TSPA-91 analyses did not show a significant difference between the source terms. Second, the radionuclides used in source terms for TSPA aqueous-transport analyses have been reviewed to select ones that are representative of the entire inventory. It is recommended that two actinide decay chains be included (the 4n+2 ''uranium'' and 4n+3 ''actinium'' decay series), since these include several radionuclides that have potentially important release and dose characteristics. In addition, several fission products are recommended for the same reason. The choice of radionuclides should be influenced by other parameter assumptions, such as the solubility and retardation of the radionuclides

A tale of five cities: Using recycling frameworks to analyse inclusive recycling performance.

Science.gov (United States)

Scheinberg, Anne; Simpson, Michael

2015-11-01

'Recycling' is a source of much confusion, particularly when comparing solid waste systems in high-income countries with those in low- and middle-income countries. Few analysts can explain why the performance and structure of recycling appears to be so different in rich countries from poor ones, nor why well-meaning efforts to implement recycling so often fail. The analysis of policy drivers, and the Integrated Sustainable Waste Management (ISWM) framework, come close to an explanation.This article builds on these earlier works, focusing in on five cities profiled in the 2010 UN-Habitat publication (Scheinberg A, Wilson DC and Rodic L (2010) Solid Waste Management in the World's Cities. UN-Habitat's Third Global Report on the State of Water and Sanitation in the World's Cities. Newcastle-on-Tyne, UK: Earthscan Publications). Data from these cities and others provides the basis for developing a new tool to analyse inclusive recycling performance. The points of departure are the institutional and economic relationships between the service chain, the public obligation to remove waste, pollution, and other forms of disvalue, and the value chain, a system of private enterprises trading valuable materials and providing markets for recyclables. The methodological innovation is to use flows of materials and money as indicators of institutional relationships, and is an extension of process flow diagramming.The authors are using the term 'recycling framework analysis' to describe this new form of institutional analysis. The diagrams increase our understanding of the factors that contribute to high-performance inclusive recycling. By focusing on institutional relationships, the article seeks to improve analysis, planning, and ultimately, outcomes, of recycling interventions. © The Author(s) 2015.

Ecological agriculture in South-India : an agro-economic comparison and study of transition

OpenAIRE

Jager, de, A.; Werf, van der, E.

1992-01-01

This report describes two research programmes carried out on ecological agriculture in South-India. Experiences of twelve farmers in transition towards ecological agriculture are described and analysed. The comparative performance of seven farmer pairs, consisting of one ecological and one conventional reference farm, is analysed in relation to agronomic and economic performance

Effect of tariffs on the performance and economic benefits of PV-coupled battery systems

International Nuclear Information System (INIS)

Parra, David; Patel, Martin K.

2016-01-01

Highlights: • Pb-acid and Li-ion batteries are compared under three different retail tariffs. • The battery ageing, i.e. capacity and discharge capability reduction is simulated. • A dynamic tariff (1-h resolution) increases the battery discharge value up to 28%. • A Li-ion cost of 375 CHF/kW h is required for Geneva for PV energy time-shift. • This requirement becomes 500 CHF/kW h if demand peak-shaving is also performed. - Abstract: The use of batteries in combination with PV systems in single homes is expected to become a widely applied energy storage solution. Since PV system cost is decreasing and the electricity market is constantly evolving there is marked interest in understanding the performance and economic benefits of adding battery systems to PV generation under different retail tariffs. The performance of lead-acid (PbA) and lithium-ion (Li-ion) battery systems in combination with PV generation for a single home in Switzerland is studied using a time-dependant analysis. Firstly, the economic benefits of the two battery types are analysed for three different types of tariffs, i.e. a dynamic tariff based on the wholesale market (one price per hour for every day of the year), a flat rate and time-of-use tariff with two periods. Secondly, the reduction of battery capacity and annual discharge throughout the battery lifetime are simulated for PbA and Li-ion batteries. It was found that despite the levelised value of battery systems reaches up to 28% higher values with the dynamic tariff compared to the flat rate tariff, the levelised cost increases by 94% for the dynamic tariff, resulting in lower profitability. The main reason for this is the reduction of equivalent full cycles performed with by battery systems with the dynamic tariff. Economic benefits also depend on the regulatory context and Li-ion battery systems were able to achieve internal rate of return (IRR) up to 0.8% and 4.3% in the region of Jura (Switzerland) and Germany due to

Installation and performance evaluation of an indigenous surface area analyser

International Nuclear Information System (INIS)

Pillai, S.N.; Solapurkar, M.N.; Venkatesan, V.; Prakash, A.; Khan, K.B.; Kumar, Arun; Prasad, R.S.

2014-01-01

An indigenously available surface area analyser was installed inside glove box and checked for its performance by analyzing uranium oxide and thorium oxide powders at RMD. The unit has been made ready for analysis of Plutonium oxide powders after incorporating several important features. (author)

Comprehensive exergetic and economic comparison of PWR and hybrid fossil fuel-PWR power plants

International Nuclear Information System (INIS)

Sayyaadi, Hoseyn; Sabzaligol, Tooraj

2010-01-01

A typical 1000 MW Pressurized Water Reactor (PWR) nuclear power plant and two similar hybrid 1000 MW PWR plants operate with natural gas and coal fired fossil fuel superheater-economizers (Hybrid PWR-Fossil fuel plants) are compared exergetically and economically. Comparison is performed based on energetic and economic features of three systems. In order to compare system at their optimum operating point, three workable base case systems including the conventional PWR, and gas and coal fired hybrid PWR-Fossil fuel power plants considered and optimized in exergetic and exergoeconomic optimization scenarios, separately. The thermodynamic modeling of three systems is performed based on energy and exergy analyses, while an economic model is developed according to the exergoeconomic analysis and Total Revenue Requirement (TRR) method. The objective functions based on exergetic and exergoeconomic analyses are developed. The exergetic and exergoeconomic optimizations are performed using the Genetic Algorithm (GA). Energetic and economic features of exergetic and exergoeconomic optimized conventional PWR and gas and coal fired Hybrid PWR-Fossil fuel power plants are compared and discussed comprehensively.

THE CORRELATION BETWEEN STRATEGIC PLANNING AND ECONOMIC MOROCCAN SME’s PERFORMANCE

Directory of Open Access Journals (Sweden)

Hassan ABBAR

2016-11-01

Full Text Available Among management activities, the strategic function retains increasingly attention of authors being interested in SME's (small and medium-sized enterprise performance. Indeed, there are many authors who think that by following a strategy building formal process, SMEs can increase chances of success, while others consider that by trusting their manager’s intuition, SMEs can stimulate creativity and develop important competitive advantages at the same time. Further to these controversies, we aim through this communication to partake in this debate mattering to both researchers and managers by revising the relation between strategic planning and SMEs' economic performance. So as to handle this matter, we verify nearby 100 Moroccan SMEs, the degree of importance they grant to strategic planning. We also examine how SMEs strategic planning may or not be associated with their economic performance as measured by average variation sales over the last three years.

Integrating environmental and economic performance to assess modern silvoarable agroforestry in Europe

NARCIS (Netherlands)

Palma, J.; Graves, A.R.; Burgess, P.J.; Werf, van der W.; Herzog, F.

2007-01-01

The environmental and economic performance of silvoarable agroforestry in Europe is highly variable. Multi-criteria analysis, using the PROMETHEE outranking approach, was used to evaluate the integrated performance of silvoarable agroforestry on hypothetical farms in nineteen landscape test sites in

Intermodal Freight Transport on the Right Track? Environmental and economic performances and their trade-off

International Nuclear Information System (INIS)

Kim, Nam Seok

2010-01-01

This dissertation aims to evaluate environmental and economic performances of an intermodal freight transport system and to estimate the trade-off between CO2 emissions, which is presented as an indicator of environmental performance, and freight costs, which indicate the economic performance of the intermodal freight system. The truck-only system is always regarded as the counterpart of the intermodal freight system in this dissertation. To examine the environmental performance of the intermodal freight system, CO2 emissions generated from all the processes in the intermodal chain, such as pre-haulage and post-haulage, long distance haulage, and transshipment, are estimated considering different sources that generate electricity and transmission loss of electricity (Chapters 3 and 4). To examine the economic performance of the system, two approaches are considered: (1) finding the intermodal breakeven distance for which the intermodal system is more competitive than the truck-only system (Chapter 5); (2) examining the economies of scale in the intermodal network and finding the route/system choice that minimizes the total freight transportation costs (Chapter 6). Finally, this dissertation attempts to find the trade-off between CO2 emissions (representing the environmental performance) and freight transportation cost (representing the economic performance) (Chapter 7)

Industrial Fuel Gas Demonstration Plant Program. Conceptual design and evaluation of commercial plant. Volume III. Economic analyses (Deliverable Nos. 15 and 16)

Energy Technology Data Exchange (ETDEWEB)

None

1978-01-01

This report presents the results of Task I of Phase I in the form of a Conceptual Design and Evaluation of Commercial Plant report. The report is presented in four volumes as follows: I - Executive Summary, II - Commercial Plant Design, III - Economic Analyses, IV - Demonstration Plant Recommendations. Volume III presents the economic analyses for the commercial plant and the supporting data. General cost and financing factors used in the analyses are tabulated. Three financing modes are considered. The product gas cost calculation procedure is identified and appendices present computer inputs and sample computer outputs for the MLGW, Utility, and Industry Base Cases. The results of the base case cost analyses for plant fenceline gas costs are as follows: Municipal Utility, (e.g. MLGW), $3.76/MM Btu; Investor Owned Utility, (25% equity), $4.48/MM Btu; and Investor Case, (100% equity), $5.21/MM Btu. The results of 47 IFG product cost sensitivity cases involving a dozen sensitivity variables are presented. Plant half size, coal cost, plant investment, and return on equity (industrial) are the most important sensitivity variables. Volume III also presents a summary discussion of the socioeconomic impact of the plant and a discussion of possible commercial incentives for development of IFG plants.

Can Management Practices Make a Difference? Nonprofit Organization Financial Performance during Times of Economic Stress

Directory of Open Access Journals (Sweden)

QIAN HU

2017-12-01

Full Text Available The economic crisis presented unprecedented challenges to nonprofit organizations to sustain their services. In this study, we examined both financial and management factors that influence the financial performance of nonprofit organizations during times of economic stress. In particular, we investigated whether strategic planning and plan implementation, revenue diversification, and board involvement help nonprofit organizations deal with financial uncertainty and strengthen financial performance. Despite the negative impacts that the economic downturn had on nonprofit organizations, we found that the implementation of strategic plans can help nonprofit organizations reduce financial vulnerability. Our findings call attention to key management factors that influence the financial performance of nonprofit organizations.

Process of technical performance: essential features and their economic view

OpenAIRE

Zhylinska, O.

2010-01-01

Essential features of technical performance have been defined in the context of similarity of its components such as research and development, training of technical/engineering personnel and providing technical services. Also peculiarities of economic view have been examined in terms of information model of managing.

Control of Resources for Economic Development in Food Networks

DEFF Research Database (Denmark)

Brink, Tove

2010-01-01

The challenge of economic development in the 21st century is linked to innovation. Enabling innovation contains a wide span from the new idea to learning how to provide value through the new idea and continuing to how to control resources to perform at prime. The focus in this paper is set on how...... to control resources for innovation to add value and economic development. This paper reveals how crossing dynamic composite underlying boundaries can have an impact on control of resources for economic development in food networking SMEs .The analyses in this paper shows the broad and significant impact....... Connections are revealed to have no significant influence on the internal control of resources but a significant direct influence on economic development through value chain activities. Through the analyses in this paper the notion of ‘boundary utility’ is elaborated as the crossing and transformation...

Employment, Economic Growth and Labor Market Performance: The Case of Turkey

OpenAIRE

Alparslan AKÇORAOĞLU

2010-01-01

The fundamental aim of this paper is to explore the empirical relationship between employment and economic growth in Turkey over the period 1995Q1-2007Q4 by using modern time series techniques. The employment growth performance is a concern for Turkey as its employment rate is well below any European Union (EU) member country. Some authors have argued that the rates of employment growth in Turkey have remained low over the same period despite relatively strong economic growth. The results of ...

An appraisal of the performance of the economic and financial crimes commission in Nigeria.

Science.gov (United States)

Sowunmi, Fatai Abiola; Adesola, Muniru Adekunle; Salako, Mudashiru Abiodun

2010-12-01

This article examines how an anti-graft body, the Economic and Financial Crime Commission (EFCC), has fared in reducing the incidence of corruption in Nigeria, in particular, bank fraud, Internet scam, and bad governance. It first discusses the corruption situation in Nigeria by highlighting public office holders who have been associated with corruption charges. A Likert-type scale is used in designing the questionnaire for data collection. Descriptive and chi-square analyses are used, and results reveal that the performance of the EFCC has been affected by government interference (p .05), bad governance and advance fee fraud have recorded appreciable reduction (p < .05). Areas of success as well as challenges that need to be addressed are identified. Specifically, it is recommended that the bill that established EFCC should be amended to reduce government interference and improve its manpower development, especially in the areas of fraud and Internet scam detection.

Growth Performance and Bio-Economics of Growing Pigs Fed Diets ...

African Journals Online (AJOL)

A feeding trial was conducted to investigate the performance, haematology, nutrient digestibility and economics of production of growing pigs fed diets containing differently fermented cassava starch residue (CSR) and cassava peels (CP) altogether referred to as cassava tuber wastes (CTW). The CSR and CP were each ...

Economic Education and Student Performance in the Business Discipline: Implications for Curriculum Planning

Science.gov (United States)

Islam, Muhammad M.; Islam, Faridul

2013-01-01

The authors conducted an empirical examination of the relationship between extra-normal ability (inability) in principles of economics courses and student performance in the various areas of the business discipline such as finance, marketing, management, and accounting. Extra-normal ability is defined as the part of an economics grade that cannot…

Supply Chain Information Systems and Organisational Performance in Economic Turbulent Times

OpenAIRE

Argyropoulou, Maria; Reid, Iain; Michaelides, Roula; Ioannou, George

2015-01-01

Supply Chain Information Systems and their impact on organisational performance has been studied by a number of studies. This study seeks to extend this body of knowledge by adopting a fresh lens to explore empirically the relationship between organizational performance and SCIS in circumstances of economic downturn and financial turbulence. The statistical relationship between Supply Chain Information Systems (SCIS) ˜Effectiveness and ˜Organisational Performance is tested and measured by m...

Core Designs and Economic Analyses of Homogeneous Thoria-Urania Fuel in Light Water Reactors

International Nuclear Information System (INIS)

Saglam, Mehmet; Sapyta, Joe J.; Spetz, Stewart W.; Hassler, Lawrence A.

2004-01-01

The objective is to develop equilibrium fuel cycle designs for a typical pressurized water reactor (PWR) loaded with homogeneously mixed uranium-thorium dioxide (ThO 2 -UO 2 ) fuel and compare those designs with more conventional UO 2 designs.The fuel cycle analyses indicate that ThO 2 -UO 2 fuel cycles are technically feasible in modern PWRs. Both power peaking and soluble boron concentrations tend to be lower than in conventional UO 2 fuel cycles, and the burnable poison requirements are less.However, the additional costs associated with the use of homogeneous ThO 2 -UO 2 fuel in a PWR are significant, and extrapolation of the results gives no indication that further increases in burnup will make thoria-urania fuel economically competitive with the current UO 2 fuel used in light water reactors

Economic risk analysis and critical comparison of optimal biorefinery concepts

DEFF Research Database (Denmark)

Cheali, Peam; Posada, John A.; Gernaey, Krist

2016-01-01

In this paper, eight optimal biorefinery concepts for biofuels and biochemicals production are critically analyzed and compared in terms of their techno-economic performance and associated economic risks against historical market fluctuations. The investigated biorefinery concepts consider...... different combinations of biomass feedstock (lignocellulosic versus algal) and conversion technologies (biochemical versus thermochemical). In addition, the economic performance of each biorefinery concept is tested assuming a sudden drop in oil prices in order to compare the fitness/survival of each...... concept under extreme market disturbances. The analyses reveal amongst others that: (i) lignocellulosic bioethanol production is not economically feasible considering a drop in oil prices (a negative internal rate of return); (ii) a multi-product biorefinery concept, where bioethanol is upgraded to higher...

ANALYSING PERFORMANCE ASSESSMENT IN PUBLIC SERVICES: HOW USEFUL IS THE CONCEPT OF A PERFORMANCE REGIME?

Science.gov (United States)

Martin, Steve; Nutley, Sandra; Downe, James; Grace, Clive

2016-03-01

Approaches to performance assessment have been described as 'performance regimes', but there has been little analysis of what is meant by this concept and whether it has any real value. We draw on four perspectives on regimes - 'institutions and instruments', 'risk regulation regimes', 'internal logics and effects' and 'analytics of government' - to explore how the concept of a multi-dimensional regime can be applied to performance assessment in public services. We conclude that the concept is valuable. It helps to frame comparative and longitudinal analyses of approaches to performance assessment and draws attention to the ways in which public service performance regimes operate at different levels, how they change over time and what drives their development. Areas for future research include analysis of the impacts of performance regimes and interactions between their visible features (such as inspections, performance indicators and star ratings) and the veiled rationalities which underpin them.

Viewls - Environmental and economic performance of biofuels. Vol. 1 - Main report

International Nuclear Information System (INIS)

Varela, M.; Lago, C.; Jungmeier, G.; Koenighofer, K.

2005-04-01

According to the European Directive 2003/30 'Promotion of the use of biofuels or other renewable fuels for transport' the use of biofuels in the transportation sector should be strongly increased in the next decades in Europe. The purpose of this study was to obtain and present clear data and information to outline environmental and economic performance of different biofuels. Based on a standardised review of the most relevant international studies on transportation systems using biomass, the study presented estimation of ranges for the environmental and economic performance of different biofuels given by the two 'threshold values' and the 'reference value' between these threshold values. These results might be used by different stakeholders as an information source for future activities regarding the use of biofuels in the transportation sector in Europe. (BA)

FY01 Supplemental Science and Performance Analysis: Volume 1, Scientific Bases and Analyses

International Nuclear Information System (INIS)

Bodvarsson, G.S.; Dobson, David

2001-01-01

The U.S. Department of Energy (DOE) is considering the possible recommendation of a site at Yucca Mountain, Nevada, for development as a geologic repository for the disposal of high-level radioactive waste and spent nuclear fuel. To facilitate public review and comment, in May 2001 the DOE released the Yucca Mountain Science and Engineering Report (S and ER) (DOE 2001 [DIRS 153849]), which presents technical information supporting the consideration of the possible site recommendation. The report summarizes the results of more than 20 years of scientific and engineering studies. A decision to recommend the site has not been made: the DOE has provided the S and ER and its supporting documents as an aid to the public in formulating comments on the possible recommendation. When the S and ER (DOE 2001 [DIRS 153849]) was released, the DOE acknowledged that technical and scientific analyses of the site were ongoing. Therefore, the DOE noted in the Federal Register Notice accompanying the report (66 FR 23013 [DIRS 155009], p. 2) that additional technical information would be released before the dates, locations, and times for public hearings on the possible recommendation were announced. This information includes: (1) the results of additional technical studies of a potential repository at Yucca Mountain, contained in this FY01 Supplemental Science and Performance Analyses: Vol. 1, Scientific Bases and Analyses; and FY01 Supplemental Science and Performance Analyses: Vol. 2, Performance Analyses (McNeish 2001 [DIRS 155023]) (collectively referred to as the SSPA) and (2) a preliminary evaluation of the Yucca Mountain site's preclosure and postclosure performance against the DOE's proposed site suitability guidelines (10 CFR Part 963 [64 FR 67054 [DIRS 124754

FY01 Supplemental Science and Performance Analysis: Volume 1,Scientific Bases and Analyses

Energy Technology Data Exchange (ETDEWEB)

Bodvarsson, G.S.; Dobson, David

2001-05-30

The U.S. Department of Energy (DOE) is considering the possible recommendation of a site at Yucca Mountain, Nevada, for development as a geologic repository for the disposal of high-level radioactive waste and spent nuclear fuel. To facilitate public review and comment, in May 2001 the DOE released the Yucca Mountain Science and Engineering Report (S&ER) (DOE 2001 [DIRS 153849]), which presents technical information supporting the consideration of the possible site recommendation. The report summarizes the results of more than 20 years of scientific and engineering studies. A decision to recommend the site has not been made: the DOE has provided the S&ER and its supporting documents as an aid to the public in formulating comments on the possible recommendation. When the S&ER (DOE 2001 [DIRS 153849]) was released, the DOE acknowledged that technical and scientific analyses of the site were ongoing. Therefore, the DOE noted in the Federal Register Notice accompanying the report (66 FR 23013 [DIRS 155009], p. 2) that additional technical information would be released before the dates, locations, and times for public hearings on the possible recommendation were announced. This information includes: (1) the results of additional technical studies of a potential repository at Yucca Mountain, contained in this FY01 Supplemental Science and Performance Analyses: Vol. 1, Scientific Bases and Analyses; and FY01 Supplemental Science and Performance Analyses: Vol. 2, Performance Analyses (McNeish 2001 [DIRS 155023]) (collectively referred to as the SSPA) and (2) a preliminary evaluation of the Yucca Mountain site's preclosure and postclosure performance against the DOE's proposed site suitability guidelines (10 CFR Part 963 [64 FR 67054 [DIRS 124754

Theory and Application of an Economic Performance Measure of Risk

NARCIS (Netherlands)

C. Niu (Cuizhen); X. Guo (Xu); M.J. McAleer (Michael); W.-K. Wong (Wing-Keung)

2017-01-01

textabstractHomm and Pigorsch (2012a) use the Aumann and Serrano index to develop a new economic performance measure (EPM), which is well known to have advantages over other measures. In this paper, we extend the theory by constructing a one-sample confidence interval of EPM, and construct

Economic Complexity and Human Development: DEA performance measurement in Asia and Latin America

OpenAIRE

Ferraz, Diogo; Moralles, Hérick Fernando; Suarez Campoli, Jéssica; Ribeiro de Oliveira, Fabíola Cristina; do Nascimento Rebelatto, Daisy Aparecida

2018-01-01

Economic growth is not the unique factor to explain human development. Due to that many authors have prioritized studies to measure the Human Development Index. However, these indices do not analyze how Economic Complexity can increase Human Development. The aim of this paper is to determine the efficiency of a set of nations from Latin America and Asia, to measure a country’s performance in converting Economic Complexity into Human Development, between 2010 and 2014. The method used was Data...

Performance of neutron kinetics models for ADS transient analyses

International Nuclear Information System (INIS)

Rineiski, A.; Maschek, W.; Rimpault, G.

2002-01-01

Within the framework of the SIMMER code development, neutron kinetics models for simulating transients and hypothetical accidents in advanced reactor systems, in particular in Accelerator Driven Systems (ADSs), have been developed at FZK/IKET in cooperation with CE Cadarache. SIMMER is a fluid-dynamics/thermal-hydraulics code, coupled with a structure model and a space-, time- and energy-dependent neutronics module for analyzing transients and accidents. The advanced kinetics models have also been implemented into KIN3D, a module of the VARIANT/TGV code (stand-alone neutron kinetics) for broadening application and for testing and benchmarking. In the paper, a short review of the SIMMER and KIN3D neutron kinetics models is given. Some typical transients related to ADS perturbations are analyzed. The general models of SIMMER and KIN3D are compared with more simple techniques developed in the context of this work to get a better understanding of the specifics of transients in subcritical systems and to estimate the performance of different kinetics options. These comparisons may also help in elaborating new kinetics models and extending existing computation tools for ADS transient analyses. The traditional point-kinetics model may give rather inaccurate transient reaction rate distributions in an ADS even if the material configuration does not change significantly. This inaccuracy is not related to the problem of choosing a 'right' weighting function: the point-kinetics model with any weighting function cannot take into account pronounced flux shape variations related to possible significant changes in the criticality level or to fast beam trips. To improve the accuracy of the point-kinetics option for slow transients, we have introduced a correction factor technique. The related analyses give a better understanding of 'long-timescale' kinetics phenomena in the subcritical domain and help to evaluate the performance of the quasi-static scheme in a particular case. One

7 CFR 98.3 - Analyses performed and locations of laboratories.

Science.gov (United States)

2010-01-01

... the special laboratory analyses rendered by the Science and Technology as a result of an agreement... Sausage Fat, salt 4 Pork Sausage Fat, moisture 4 Pork Sausage Fat 4 Mil-P-44131A (Pork Steaks, Flaked... performed at any one of the Science and Technology (S&T) field laboratories as follows: (1) USDA, AMS...

Effects of culture systems on growth and economic performance of ...

African Journals Online (AJOL)

IFEOMA PIUS

2013-07-03

Jul 3, 2013 ... The effect of culture system on growth and economics performance of Orechromis niloticus ( ... from the Food and Agriculture Organization (FAO) stated ... in the reduction of the availability of natural fish food ..... lowest profit, while algae only had the lowest cost and ... Also, maximizing production in terms of.

Factors for analysing and improving performance of R&D in Malaysian universities

NARCIS (Netherlands)

Ramli, Mohammad Shakir; de Boer, S.J.; de Bruijn, E.J.

2004-01-01

This paper presents a model for analysing and improving performance of R&D in Malaysian universities. There are various general models for R&D analysis, but none is specific for improving the performance of R&D in Malaysian universities. This research attempts to fill a gap in the body of knowledge

Effects of irreversibility and economics on the performance of a heat engine

International Nuclear Information System (INIS)

Ibrahim, O.M.; Klein, S.A.; Mitchell, J.W.

1992-01-01

In this paper, optimization of the power output of an internally irreversible heat engine is considered for finite capacitance rates of the external fluid streams. The method of Lagrange multipliers is used to solve for working fluid temperatures which yield maximum power. Analytical expressions for the maximum power and the cycle efficiency at miximum power are obtained. The effects of irreversibility and economics on the performance of a heat engine are investigated. A relationship between the maximum power point and economically optimum design is identified. It is demonstrated that, with certain reasonable economic assumptions, the maximum power point of a heat engine corresponds to a point of minimum life-cycle costs

Thermal and economic analyses of a compact waste heat recovering system for the marine diesel engine using transcritical Rankine cycle

International Nuclear Information System (INIS)

Yang, Min-Hsiung

2015-01-01

Graphical abstract: Schematic diagram of the CWHRS for a marine diesel engine. - Highlights: • The economic optimization of a CWHRS of a marine engine is investigated. • The environmental protection refrigerant, R1234yf is used as the working fluid of the TRC system. • The optimal analysis and comparison of three models for waste heat recovering have been carried out. • The optimization of payback periods, CO_2 emission reducing and diesel oil saving are reported. - Abstract: The aim of this study is to investigate the economic performance of a novel compact waste heat recovering system for the marine diesel engine. The transcritical Rankine cycle is employed to convert the waste heat resources to useful work with R1234yf. To evaluate the utilizing efficiency and economic performance of waste heat resources, which are exhaust gas, cylinder cooling water and scavenge air cooling water, three operating models of the system are investigated and compared. The levelized energy cost, which represents the total cost per kilo-watt power, is employed to evaluate the economic performance of the system. The economic optimization and its corresponding optimal parameters of each operating model in the compact waste heat recovering system are obtained theoretically. The results show that the minimal levelized energy cost of the proposed system operated in Model I is the lowest of the three models, and then are Model II and Model III, which are 2.96% and 9.36% lower for, respectively. Similarly, the CO_2 emission reduction is the highest for Model I of the three models, and 21.6% and 30.1% lower are obtained for Model II and Model III, respectively. The compact waste heat recovering system operated in Model I has superiority on the payback periods and heavy diesel oil saving over the others. Finally, the correlations using specific work of working fluid and condensation temperature as parameters are proposed to assess the optimal conditions in economic performance

Viewls - Environmental and economic performance of biofuels. Vol. 1 - Main report

Energy Technology Data Exchange (ETDEWEB)

Varela, M.; Lago, C. [CIEMAT (Spain); Jungmeier, G.; Koenighofer, K. [Joanneum Research (Austria)

2005-04-15

According to the European Directive 2003/30 'Promotion of the use of biofuels or other renewable fuels for transport' the use of biofuels in the transportation sector should be strongly increased in the next decades in Europe. The purpose of this study was to obtain and present clear data and information to outline environmental and economic performance of different biofuels. Based on a standardised review of the most relevant international studies on transportation systems using biomass, the study presented estimation of ranges for the environmental and economic performance of different biofuels given by the two 'threshold values' and the 'reference value' between these threshold values. These results might be used by different stakeholders as an information source for future activities regarding the use of biofuels in the transportation sector in Europe. (BA)

Career-span analyses of track performance: longitudinal data present a more optimistic view of age-related performance decline.

Science.gov (United States)

Young, Bradley W; Starkes, Janet L

2005-01-01

Sport scientists (Starkes, Weir, Singh, Hodges, & Kerr, 1999; Starkes, Weir, & Young, 2003) have suggested that prolonged training is critical for the maintenance of athletic performance even in the face of predicted age-related decline. This study used polynomial regression analyses to examine the relationship between age and running performance in the 1500 and 10,000 metre events. We compared the age and career-longitudinal performances for 15 male Canadian Masters athletes with a cross-sectional sample of performances at different ages. We hypothesized that the 30 years of uninterrupted training characteristic of this longitudinal sample would moderate the patterns of age-related decline (retention hypothesis); alternatively, the cross-sectional data were expected to demonstrate pronounced age-related decline (quadratic hypothesis). Investigators performed multimodel regression analyses on the age and performance data. Based on the absence (for longitudinal data) or presence (for the cross-sectional data) of significant quadratic components in second-order polynomial models, the authors found support for their respective hypotheses. The longitudinal data showed that running performance declined with age in a more linear fashion than did cross-sectional data. Graphical trends showed that the moderation of age-related decline appeared greater for the longitudinal 10 km performances than for the 1500m event.

Total System Performance Assessment Sensitivity Analyses for Final Nuclear Regulatory Commission Regulations

International Nuclear Information System (INIS)

Bechtel SAIC Company

2001-01-01

This Letter Report presents the results of supplemental evaluations and analyses designed to assess long-term performance of the potential repository at Yucca Mountain. The evaluations were developed in the context of the Nuclear Regulatory Commission (NRC) final public regulation, or rule, 10 CFR Part 63 (66 FR 55732 [DIRS 156671]), which was issued on November 2, 2001. This Letter Report addresses the issues identified in the Department of Energy (DOE) technical direction letter dated October 2, 2001 (Adams 2001 [DIRS 156708]). The main objective of this Letter Report is to evaluate performance of the potential Yucca Mountain repository using assumptions consistent with performance-assessment-related provisions of 10 CFR Part 63. The incorporation of the final Environmental Protection Agency (EPA) standard, 40 CFR Part 197 (66 FR 32074 [DIRS 155216]), and the analysis of the effect of the 40 CFR Part 197 EPA final rule on long-term repository performance are presented in the Total System Performance Assessment--Analyses for Disposal of Commercial and DOE Waste Inventories at Yucca Mountain--Input to Final Environmental Impact Statement and Site Suitability Evaluation (BSC 2001 [DIRS 156460]), referred to hereafter as the FEIS/SSE Letter Report. The Total System Performance Assessment (TSPA) analyses conducted and documented prior to promulgation of the NRC final rule 10 CFR Part 63 (66 FR 55732 [DIRS 156671]), were based on the NRC proposed rule (64 FR 8640 [DIRS 101680]). Slight differences exist between the NRC's proposed and final rules which were not within the scope of the FEIS/SSE Letter Report (BSC 2001 [DIRS 156460]), the Preliminary Site Suitability Evaluation (PSSE) (DOE 2001 [DIRS 155743]), and supporting documents for these reports. These differences include (1) the possible treatment of ''unlikely'' features, events and processes (FEPs) in evaluation of both the groundwater protection standard and the human-intrusion scenario of the individual

Economic measures of performance

International Nuclear Information System (INIS)

Anon.

1992-01-01

Cogeneration systems can reduce the total cost of utility service, and, in some instances where power is sold to an electric utility, can even produce a positive net revenue stream. This is, the total cogeneration revenue is greater than the cogeneration system's operating cost plus the cost of supplemental fuel and power. Whether it is sited at an existing facility or new construction, cogeneration systems do require an incremental investment over and above that which would be required if the end user were to utilize more conventional utility services. While the decision as to whether or not one should invest in cogeneration may consider such intangibles as predictability of future utility costs, reliability of electrical supply and the quality of that supply, the decision ultimately becomes one of basic economics. This chapter briefly reviews several economic measures with regard to ease of use, accuracy and financial objective

Further evidence on the relationship between economic freedom and economic growth

NARCIS (Netherlands)

De Haan, J; Siermann, CLJ

Often it is maintained that economic freedom may further high levels of economic growth. Using various measures of economic freedom constructed by Scully and Slottje, the robustness of this relationship is examined. Both direct and indirect effects of lack of liberties are analysed. Our main

Network versus Economic Incentives

DEFF Research Database (Denmark)

Larsen, Christian Albrekt

The article supplements the traditional economic line of reasoning with an economic sociological account of the transition from unemployment to employment. The lack of full information is recognised by economic theory while the focus on network within the tradition of economic sociology has...... not been adopted. The article argues that the importance of network actually might be very well understood within recent economic theories that emphasise the lack of full information. The empirical evidence for the importance of network both for employed and unemployed is provided by analysing a best case...... might be an important part of the vicious circles of unemployment. Finally, the article analyse the importance of network versus the importance of economic incentives. The result supports the thesis that economic sociology provides a better account of the transition from unemployment to employment than...

The Impacts of Port Infrastructure and Logistics Performance on Economic Growth

DEFF Research Database (Denmark)

Munim, Ziaul Haque; Schramm, Hans-Joachim

2018-01-01

Considering 91 countries with seaports, this study conducted an empirical inquiry into the broader economic contribution of seaborne trade, from a port infrastructure quality and logistics performance perspective. Investment in quality improvement of port infrastructure and its contribution to ec...

Clinical laboratory as an economic model for business performance analysis.

Science.gov (United States)

Buljanović, Vikica; Patajac, Hrvoje; Petrovecki, Mladen

2011-08-15

To perform SWOT (strengths, weaknesses, opportunities, and threats) analysis of a clinical laboratory as an economic model that may be used to improve business performance of laboratories by removing weaknesses, minimizing threats, and using external opportunities and internal strengths. Impact of possible threats to and weaknesses of the Clinical Laboratory at Našice General County Hospital business performance and use of strengths and opportunities to improve operating profit were simulated using models created on the basis of SWOT analysis results. The operating profit as a measure of profitability of the clinical laboratory was defined as total revenue minus total expenses and presented using a profit and loss account. Changes in the input parameters in the profit and loss account for 2008 were determined using opportunities and potential threats, and economic sensitivity analysis was made by using changes in the key parameters. The profit and loss account and economic sensitivity analysis were tools for quantifying the impact of changes in the revenues and expenses on the business operations of clinical laboratory. Results of simulation models showed that operational profit of €470 723 in 2008 could be reduced to only €21 542 if all possible threats became a reality and current weaknesses remained the same. Also, operational gain could be increased to €535 804 if laboratory strengths and opportunities were utilized. If both the opportunities and threats became a reality, the operational profit would decrease by €384 465. The operational profit of the clinical laboratory could be significantly reduced if all threats became a reality and the current weaknesses remained the same. The operational profit could be increased by utilizing strengths and opportunities as much as possible. This type of modeling may be used to monitor business operations of any clinical laboratory and improve its financial situation by implementing changes in the next fiscal

Space and economics

NARCIS (Netherlands)

Klijs, Jeroen; Heijman, Wim J.M.; Peerlings, Jack H.M.; Rouwendal, Jan; Schipper, Rob A.

2017-01-01

The subject area Regional Economics has become topical. This means that in economic analyses the production factor 'space' is of increasing importance. This study book aims to integrate space in the area of General Economics in an analytical way. Models and their applications play a major role in

Economic aspects of risk assessment in chemical safety

Energy Technology Data Exchange (ETDEWEB)

Drummond, M F; Shannon, H S

1986-05-01

This paper considers how the economic aspects of risk assessment in chemical safety can be strengthened. Its main focus is on how economic appraisal techniques, such as cost-benefit and cost-effectiveness analysis, can be adapted to the requirements of the risk-assessment process. Following a discussion of the main methodological issues raised by the use of economic appraisal, illustrated by examples from the health and safety field, a number of practical issues are discussed. These include the consideration of the distribution of costs, effects and benefits, taking account of uncertainty, risk probabilities and public perception, making the appraisal techniques useful to the early stages of the risk-assessment process and structuring the appraisal to permit continuous feedback to the participants in the risk-assessment process. It is concluded that while the way of thinking embodied in economic appraisal is highly relevant to the consideration of choices in chemical safety, the application of these principles in formal analysis of risk reduction procedures presents a more mixed picture. The main suggestions for improvement in the analyses performed are the undertaking of sensitivity analyses of study results to changes in the key assumptions, the presentation of the distribution of costs and benefits by viewpoint, the comparison of health and safety measures in terms of their incremental cost per life-year (or quality-adjusted life-year) gained and the more frequent retrospective review and revision of the economic analyses that are undertaken.

Final report of the project performance assessment and economic evaluation of nuclear waste management

International Nuclear Information System (INIS)

Rasilainen, K.; Anttila, M.; Hautojaervi, A.

1993-05-01

The publication is the final report of project Performance Assessment and Economic Evaluation of Nuclear Waste Management (TOKA) at the Nuclear Engineering Laboratory of VTT (Technical Research Centre of Finland), forming part of the Publicly Financed Nuclear Waste Management Research Programme (JYT). The project covers safety and cost aspects of all phases of nuclear waste management. The main emphasis has been on developing an integrated system of models for performance assessment of nuclear waste repositories. During the four years the project has so far been in progress, the total amount of work has been around 14 person-years. Computer codes are the main tools in the project, they are either developed by the project team or acquired from abroad. In-house model development has been especially active in groundwater flow, near-field and migration modelling. The quantitative interpretation of Finnish tracer experiments in the laboratory and natural analogue studies at Palmottu support performance assessments via increased confidence in the migration concepts used. The performance assessment philosophy adopted by the team consists of deterministic modelling and pragmatic scenario analysis. This is supported by the long-term experience in practical performance assessment of the team, and in theoretical probabilistic modelling exercises. The radiological risks of spent fuel transportation from the Loviisa nuclear power plant to Russia have been analysed using a probabilistic computer code and Finnish traffic accident statistics. The project assists the authorities in the annual assessment of utility estimates of funding needs for future nuclear waste management operations. The models and methods used within the project are tested in international verification/validation projects

Comparative economic performance of selected passive solar heating and cooling technologies

Science.gov (United States)

Rutter, W.

1981-05-01

The economic performance of selected passive solar heating and cooling technologies which incorporate energy storage is assessed by using a set of uniform assumptions and methodologies. Where data are available, a given system is assessed at more than one geographical location. Results are obtained in the form of both payback period and net present value for residential applications, and in terms of net present value only for industrial/commercial uses. Results indicate that ventilated trombe walls, solar roof ponds, and certain night effect/floor storage strategies are cost effective, but night effect/rock bed cooling is not. Results also show that, although direct gain out-performs trombe walls in most parts of the country, both direct gain and trombe walls usually produce a net savings in the residential sector. Generally, however, tax regulations result in net economic loss for direct gain and trombe walls used to heat industrial and commercial buildings.

Effects of culture systems on growth and economic performance of ...

African Journals Online (AJOL)

The effect of culture system on growth and economics performance of Orechromis niloticus (Nile tilapia) in concrete tanks was investigated. Four outdoor concrete tanks measuring 2.5 x 2 m was used for the study for 24 weeks culture period. The culture systems included the use of algae only at the stocking rates of 4 ...

Evaluation of Health Economics in Radiation Oncology: A Systematic Review

International Nuclear Information System (INIS)

Nguyen, Timothy K.; Goodman, Chris D.; Boldt, R. Gabriel; Warner, Andrew; Palma, David A.; Rodrigues, George B.; Lock, Michael I.; Mishra, Mark V.; Zaric, Gregory S.; Louie, Alexander V.

2016-01-01

Purpose: Despite the rising costs in radiation oncology, the impact of health economics research on radiation therapy practice analysis patterns is unclear. We performed a systematic review of cost-effectiveness analyses (CEAs) and cost-utility analyses (CUAs) to identify trends in reporting quality in the radiation oncology literature over time. Methods and Materials: A systematic review of radiation oncology economic evaluations up to 2014 was performed, using MEDLINE and EMBASE databases. The Consolidated Health Economic Evaluation Reporting Standards guideline informed data abstraction variables including study demographics, economic parameters, and methodological details. Tufts Medical Center CEA registry quality scores provided a basis for qualitative assessment of included studies. Studies were stratified by 3 time periods (1995-2004, 2005-2009, and 2010-2014). The Cochran-Armitage trend test and linear trend test were used to identify trends over time. Results: In total, 102 articles were selected for final review. Most studies were in the context of a model (61%) or clinical trial (28%). Many studies lacked a conflict of interest (COI) statement (67%), a sponsorship statement (48%), a reported study time horizon (35%), and the use of discounting (29%). There was a significant increase over time in the reporting of a COI statement (P<.001), health care payer perspective (P=.019), sensitivity analyses using multivariate (P=.043) or probabilistic methods (P=.011), incremental cost-effectiveness threshold (P<.001), secondary source utility weights (P=.010), and cost effectiveness acceptability curves (P=.049). There was a trend toward improvement in Tuft scores over time (P=.065). Conclusions: Recent reports demonstrate improved reporting rates in economic evaluations; however, there remains significant room for improvement as reporting rates are still suboptimal. As fiscal pressures rise, we will rely on economic assessments to guide our practice decisions

Evaluation of Health Economics in Radiation Oncology: A Systematic Review

Energy Technology Data Exchange (ETDEWEB)

Nguyen, Timothy K.; Goodman, Chris D. [Department of Radiation Oncology, London Regional Cancer Program, London, Ontario (Canada); Boldt, R. Gabriel [London Health Sciences Centre, London, Ontario (Canada); Warner, Andrew; Palma, David A. [Department of Radiation Oncology, London Regional Cancer Program, London, Ontario (Canada); Rodrigues, George B. [Department of Radiation Oncology, London Regional Cancer Program, London, Ontario (Canada); Department of Epidemiology and Biostatistics, Western University, London, Ontario (Canada); Lock, Michael I. [Department of Radiation Oncology, London Regional Cancer Program, London, Ontario (Canada); Mishra, Mark V. [Department of Radiation Oncology, University of Maryland, Baltimore, Maryland (United States); Zaric, Gregory S. [Department of Epidemiology and Biostatistics, Western University, London, Ontario (Canada); Ivey Business School, Western University, London, Ontario (Canada); Louie, Alexander V., E-mail: Dr.alexlouie@gmail.com [Department of Radiation Oncology, London Regional Cancer Program, London, Ontario (Canada); Department of Epidemiology and Biostatistics, Western University, London, Ontario (Canada)

2016-04-01

Purpose: Despite the rising costs in radiation oncology, the impact of health economics research on radiation therapy practice analysis patterns is unclear. We performed a systematic review of cost-effectiveness analyses (CEAs) and cost-utility analyses (CUAs) to identify trends in reporting quality in the radiation oncology literature over time. Methods and Materials: A systematic review of radiation oncology economic evaluations up to 2014 was performed, using MEDLINE and EMBASE databases. The Consolidated Health Economic Evaluation Reporting Standards guideline informed data abstraction variables including study demographics, economic parameters, and methodological details. Tufts Medical Center CEA registry quality scores provided a basis for qualitative assessment of included studies. Studies were stratified by 3 time periods (1995-2004, 2005-2009, and 2010-2014). The Cochran-Armitage trend test and linear trend test were used to identify trends over time. Results: In total, 102 articles were selected for final review. Most studies were in the context of a model (61%) or clinical trial (28%). Many studies lacked a conflict of interest (COI) statement (67%), a sponsorship statement (48%), a reported study time horizon (35%), and the use of discounting (29%). There was a significant increase over time in the reporting of a COI statement (P<.001), health care payer perspective (P=.019), sensitivity analyses using multivariate (P=.043) or probabilistic methods (P=.011), incremental cost-effectiveness threshold (P<.001), secondary source utility weights (P=.010), and cost effectiveness acceptability curves (P=.049). There was a trend toward improvement in Tuft scores over time (P=.065). Conclusions: Recent reports demonstrate improved reporting rates in economic evaluations; however, there remains significant room for improvement as reporting rates are still suboptimal. As fiscal pressures rise, we will rely on economic assessments to guide our practice decisions

Does Innovation Performance Depend on Economic Growth?: The Case of a Country in Transition

Directory of Open Access Journals (Sweden)

Andrzej H Jasinski

2011-12-01

Full Text Available This paper is an attempt to analyze a possible influence of economic growth on innovation performance. Econometric model based on principal component analysis is the research tool. Poland, as a country in transition, is here a case-study. The analysis has confirmed an interesting pattern: in 1989-2007, corporate innovation performance was changing, in principle, in the same direction as macro-economic changes but with a one-to-two-year delay. This is some proof that the innovation activity followed the cyclical development of the national economy. Innovation performance was demand-driven, i.e., pulled by demand resulting from the economy's recovery and high economic growth. So, technological innovation appeared to be highly sensitive to the general economic situation in Poland as a transitional economy. Economic growth seems to be a kind of tag-boat pulling innovation activities in the business sector.Este artículo intenta analizar una posible influencia del crecimiento económico en el desempeño de la innovación. La herramienta de investigación empleada es el modelo econométrico basado en un componente principal de análisis. El estudio de caso es Polonia, una economía en transición. El análisis ha confirmado un patrón interesante: durante el periodo 1989-2007, el desempeño de la innovación cambió, en principio, en la misma dirección que los cambios macroeconómicos pero con un retraso de uno a dos años. Esto muestra de algún modo que la actividad innovadora correspondió al desarrollo cíclico de la economía nacional. El desempeño innovador se orientó por la demanda, es decir, una demanda impulsada por la recuperación económica y el alto crecimiento económico. Por lo tanto, la innovación tecnológica parece ser muy sensible a la situación económica en general de Polonia, como economía en transición. El crecimiento económico parece ser una especie de motor que impulsa las actividades innovadoras del sector de negocios.

Analyses to demonstrate the thermal performance of the CASTOR KN12

International Nuclear Information System (INIS)

Diersch, R.; Weiss, M.; Tso, C.F.; Powell, D.; Choy, B.I.; Lee, H.Y.

2004-01-01

The CASTOR registered KN-12 is a new cask design of GNB for dry and wet transportation of up to 12 PWR spent nuclear fuel assemblies in Korea. It complies with the requirements of 10 CFR 71 [1] and IAEA ST-1 [2] for TYPE B(U)F packages. It received its transport license from the Korean Competent Authority KINS in July 2002 and is now in use in South Korea. Demonstration of the cask's compliance with the regulatory requirements in the area of thermal performance has been carried out by a combination of testing carried out by Korea Atomic Energy Research Institute and analyses carried out by Arup. This paper describes the analyses to demonstrate the thermal performance of the cask and compliance with regulatory requirements under normal and hypothetical accident conditions of transport. Other aspects of the design of the CASTOR registered KN12 are presented in other papers at this conference

Global economic crisis and Africa's economic performance | Ekpo ...

African Journals Online (AJOL)

It is generally acknowledged that African economies were able to withstand the 2007/2008 global economic crisis because of better macroeconomic management. Macroeconomic fundamentals, such as growth, rate of inflation and deficit/GDP ratio, among others, appear to move in the right direction during and after the ...

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.

Economic incentives for improving mango quality in Costa Rica

NARCIS (Netherlands)

Zuniga Arias, G.; Ruben, R.; Verkerk, R.; Boekel, van T.

2008-01-01

Purpose

– The purpose of the paper is to present an integrated methodology for identifying effective economic incentives to enhance quality performance by mango producers in Costa Rica.

Design/methodology/approach

– The study analyses the relationship between intrinsic

The Prisoner's Dilemma and Economics 101: Do Active Learning Exercises Correlate with Student Performance?

Science.gov (United States)

Byun, Chong Hyun Christie

2014-01-01

The importance of active learning in the classroom has been well established in the field of Economic education. This paper examines the connection between active learning and performance outcomes in an Economics 101 course. Students participated in single play simultaneous move game with a clear dominant strategy, modeled after the Prisoner's…

Electricity regulation and economic growth

OpenAIRE

Costa, M. Teresa (Maria Teresa), 1951-; Garcia-Quevedo, Jose; Trujillo-Baute, Elisa

2018-01-01

The main objective of this paper is to analyse the effect of electricity regulation on economic growth. Although the relationship between electricity consumption and economic growth has been extensively analysed in the empirical literature, this framework has not been used to estimate the effect of electricity regulation on economic growth. Understanding this effect is essential for the assessment of regulatory policy. Specifically, we assess the effects of two major areas of regulation, rene...

South-East Region in Bulgaria: Economic Performance and Key Sectors Analysis

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Antoaneta GOLEMANOVA

2008-01-01

Full Text Available The present paper attempts to provide insight into the economicperformance of the South-east region (SER of Bulgaria by presenting quantitativerelationships between sectors in the regional economy. Methodologically it is basedon the construction of the regional Input–Output model. It was carried out troughapplying the non-servey GRIT technique, based on Flegg & Webber locationquotient (2000. The dirived Rasmussen & Hirschman backward linkages andMattas & Shrestha input-output elasticities from the model enable to identify thekey economic sectors within the region. This could be considered as a starting pointfor the future impact assesment of different EU policies, as well as designing ofbetter regional development strategies, assuring better economic performance.

The Effect of Military Coup and Interventions on the Economic Performance: The Case of Turkey

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Arif ÖZSAĞIR

2013-12-01

Full Text Available Some factors that affect the economic life indirectly but substantially at the same time are assumed exogenous or fixed by the traditional economics. However, these factors are considered fixed are the factors that affect the economy deeply. Political stability, verdicts devoid of justice, military coups and interventions, oligarchical bureaucratic structure, and terrorism are important factors assumed to be fixed. Although these factors may seem irrelevant at first glance, they have crucial impacts on economies. Important determinants of Turkey’s economic performance have been political decisions, the verdicts devoid of justice, in other words biased verdicts, military coups and interventions, oligarchical bureaucratic structure, and terrorism rather than economic policies. In this study, it is discussed that the effects of military coups and interventions on the performance of the economy in the context of Turkey example; and the hypothesis is validated within the framework of an econometric model.

Economic Difficulty and Coping Strategies of Low Income Faculty Members as Related to their Teaching Performance

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Ronaldo F. Frufonga

2015-11-01

Full Text Available This study ascertained the relationship between difficulties and coping strategies as related to teaching performance of West Visayas State University-Janiuay Campus (WVSU-JC faculty for the School Year 2014-2015. The survey-correlational method was used with teaching performance as dependent variables, experienced economic difficulties as the independent variable, and coping strategy as moderator variable. The participants in the study were the 52 faculty who were selected through purposive sampling. Data were gathered through a researcher-made questionnaire-checklist and Faculty Performance Evaluation System. The statistical tools used were frequency count, rank, mean, standard deviation, and Pearson's Product-Moment Coefficient of Correlation. All statistical computations were availed of through the Statistical Package for the Social Sciences (SPSS software. Results revealed that the top economic difficulty experienced by faculty was limited cash. The topmost coping strategy employed by faculty was buying only basic foods or things for household. The faculty also experienced economic difficulty to a “moderate extent.” Nevertheless, the performance of the faculty was found to be “outstanding.” Teachers were affected by such financial crisis. However, despite their experienced economic difficulties, as major agents for change, they performed their best for the improvement of quality education. No significant relationships existed between coping strategies and teaching performance of faculty.

Cooperation, social capital and economic performance

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Marcos Fernandes Gonçalves da Silva

2006-09-01

Full Text Available The objective of this paper is to define social capital as social infrastructure and to try to include this variable in an economic growth model. Considering social capital in such a way could have an impact on the productivity of production factors. Firstly, I will discuss how institutional variables can affect growth. Secondly, after analyzing several definitions of social capital, I will point out the benefits and problems of each one and will define social capital as social infrastructure, aiming to introduce this variable into an economic growth model. Finally, I will try to open the way for subsequent empirical studies, both in the area of measuring the stock of social infrastructure as well as those comparing economies, with the idea of showing the impact of social infrastructure on economic growth.

Design and manufacture of TL analyser by using the microcomputer

International Nuclear Information System (INIS)

Doh, Sih Hong; Woo, Chong Ho

1986-01-01

This paper describes the design of the thermoluminescence analyser using microcomputer. TL analyser is designed to perform the three step heat treatment, such as pre-read heating, readout procedure and post-heating (or pre-irradiation ) anneal. We used a 12-bit A/D converter to get the precise measurement and the phase control method to control the heating temperature. Since the used Apple II microcomputer is cheap and popular, it is possible to design the economical system. Experimental results showed the successful operation with flexibility. The error of temperature control was less than ± 0.2% of the expected value. (Author)

Economic performance of liquid-metal fast breeder reactor and gas-cooled fast reactor radial blankets

International Nuclear Information System (INIS)

Tsoulfanidis, N.; Jankhah, M.H.

1979-01-01

The economic performance of the radial blanket of a liquid-metal fast breeder reactor (LMFBR) and a gas-cooled fast reactor (GCFR) has been studied based on the calculation of the net financial gain as well as the value of the levelized fuel cost. The necessary reactor physics calculations have been performed using the code CITATION, and the economic analysis has been carried out with the code ECOBLAN, which has been written for that purpose. The residence time of fuel in the blanket is the main variable of the economic analysis. Other parameters that affect the results and that have been considered are the value of plutonium, the price of heat, the effective cost of money, and the holdup time of the spent fuel before reprocessing. The results show that the radial blanket of both reactors is a producer of net positive income for a broad range of values of the parameters mentioned above. The position of the fuel in the blanket and the fuel management scheme applied affect the monetary gain. There is no significant difference between the economic performance of the blanket of an LMFBR and a GCFR

Health economic evaluations of medical devices in the People's Republic of China: A systematic literature review.

Science.gov (United States)

Zhang, Rongrong; Modaresi, Farhang; Borisenko, Oleg

2015-01-01

The objective of this study is to identify and review the methodological quality of health economic evaluations of medical devices performed in the People's Republic of China. To our knowledge, no such investigations have been performed to date. A systematic literature review involving searches of Medline, Medline In-Process, the National Health Service Economic Evaluation Database, the Cost-Effectiveness Analysis Registry of the Tufts Medical Center, and the Wanfang Database was performed. The search spanned the period from 1990 to 2013. Studies on health economic evaluations of medical devices, in-vitro diagnostics, procedures, and the use of medical devices in Chinese health care settings were included. Full-text articles and conference abstracts in English and Chinese were included. Fifty-seven publications were included, 26 (46%) of which were in English and 31 (54%) of which were in Chinese. The included publications covered a wide range of clinical areas, such as surgery (n=23, 40%), screening (n=9, 16%), imaging use (n=6, 11%), kidney intervention (n=4, 7%), and nine other technological areas. Most of the studies (n=31, 54%) were cost analyses. Among the others, 13 (50%) studies used modeling, and another 13 (50%) were within-trial evaluations. Among studies that used modeling, eleven (85%) conducted sensitivity analyses, six of which had one-way sensitivity analysis, whereas one conducted both one-way and two-way sensitivity analyses; four of these eleven modeling-based analyses included probabilistic sensitivity analyses. The incremental cost-effectiveness ratio was reported in ten (18%) studies, eight of which were screening studies. The remaining two modeling studies were in areas of imaging and oncology. This study indicates that there are major limitations and deficiencies in the health economic evaluations on medical devices performed in the People's Republic of China. Further efforts are required from different stakeholders - academic, governmental

Herding, social influence and economic decision-making: socio-psychological and neuroscientific analyses.

Science.gov (United States)

Baddeley, Michelle

2010-01-27

Typically, modern economics has steered away from the analysis of sociological and psychological factors and has focused on narrow behavioural assumptions in which expectations are formed on the basis of mathematical algorithms. Blending together ideas from the social and behavioural sciences, this paper argues that the behavioural approach adopted in most economic analysis, in its neglect of sociological and psychological forces and its simplistically dichotomous categorization of behaviour as either rational or not rational, is too narrow and stark. Behaviour may reflect an interaction of cognitive and emotional factors and this can be captured more effectively using an approach that focuses on the interplay of different decision-making systems. In understanding the mechanisms affecting economic and financial decision-making, an interdisciplinary approach is needed which incorporates ideas from a range of disciplines including sociology, economic psychology, evolutionary biology and neuroeconomics.

Productive Government Expenditure and Economic Performance in sub-Saharan Africa: An Empirical Investigation

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Adefeso Hammed Adetola

2016-11-01

Full Text Available This study examined the effect of government expenditure on its disaggregated level on economic growth in a sample of 20 sub-Saharan African Countries over the period of 1980-2010 in a dynamic panel data model. The result from Generalised Method of Moments (GMM revealed an inverse relationship between productive government expenditure and economic growth in sub-Sahara Africa. Also, productive government expenditures were not actually productive most especially when financed by non-distortonary government tax revenue in sub-Saharan African countries. The study concluded that the productive government expenditure and its corresponding source of the mode of financing were counterproductive for economic performance in the African countries.

Biosphere Modeling and Analyses in Support of Total System Performance Assessment

International Nuclear Information System (INIS)

Tappen, J. J.; Wasiolek, M. A.; Wu, D. W.; Schmitt, J. F.; Smith, A. J.

2002-01-01

The Nuclear Waste Policy Act of 1982 established the obligations of and the relationship between the U.S. Environmental Protection Agency (EPA), the U.S. Nuclear Regulatory Commission (NRC), and the U.S. Department of Energy (DOE) for the management and disposal of high-level radioactive wastes. In 1985, the EPA promulgated regulations that included a definition of performance assessment that did not consider potential dose to a member of the general public. This definition would influence the scope of activities conducted by DOE in support of the total system performance assessment program until 1995. The release of a National Academy of Sciences (NAS) report on the technical basis for a Yucca Mountain-specific standard provided the impetus for the DOE to initiate activities that would consider the attributes of the biosphere, i.e. that portion of the earth where living things, including man, exist and interact with the environment around them. The evolution of NRC and EPA Yucca Mountain-specific regulations, originally proposed in 1999, was critical to the development and integration of biosphere modeling and analyses into the total system performance assessment program. These proposed regulations initially differed in the conceptual representation of the receptor of interest to be considered in assessing performance. The publication in 2001 of final regulations in which the NRC adopted standard will permit the continued improvement and refinement of biosphere modeling and analyses activities in support of assessment activities

Biosphere Modeling and Analyses in Support of Total System Performance Assessment

International Nuclear Information System (INIS)

Jeff Tappen; M.A. Wasiolek; D.W. Wu; J.F. Schmitt

2001-01-01

The Nuclear Waste Policy Act of 1982 established the obligations of and the relationship between the U.S. Environmental Protection Agency (EPA), the U.S. Nuclear Regulatory Commission (NRC), and the U.S. Department of Energy (DOE) for the management and disposal of high-level radioactive wastes. In 1985, the EPA promulgated regulations that included a definition of performance assessment that did not consider potential dose to a member of the general public. This definition would influence the scope of activities conducted by DOE in support of the total system performance assessment program until 1995. The release of a National Academy of Sciences (NAS) report on the technical basis for a Yucca Mountain-specific standard provided the impetus for the DOE to initiate activities that would consider the attributes of the biosphere, i.e. that portion of the earth where living things, including man, exist and interact with the environment around them. The evolution of NRC and EPA Yucca Mountain-specific regulations, originally proposed in 1999, was critical to the development and integration of biosphere modeling and analyses into the total system performance assessment program. These proposed regulations initially differed in the conceptual representation of the receptor of interest to be considered in assessing performance. The publication in 2001 of final regulations in which the NRC adopted standard will permit the continued improvement and refinement of biosphere modeling and analyses activities in support of assessment activities

Thermo-economic performance of inclined solar water distillation systems

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Agboola Phillips O.

2015-01-01

Full Text Available This study investigates the thermo-economic performance of different configurations of inclined solar water desalination for parameters such as daily production, efficiency, system cost and distilled water production cost. The four different configurations considered for this study are as follows; 1. Inclined solar water distillation with bare absorber plate (IISWD with daily production of 5.46 kg/m2 day and daily efficiency of 48.3%. 2. Inclined solar water distillation with wick on absorber plate (IISWDW with daily production of 6.41kg/m2 day and daily efficiency 50.3%. 3. Inclined solar water distillation with wire mesh on absorber plate (IISWDWM with daily production n of 3.03 kg/m2 day and daily efficiency 32.6%. 4. Inclined solar water distillation with bare absorber plate (ISWD. (Control System with daily production of 3.25 kg/m2 day and daily efficiency of 40.1%. The systems potable water cost price ranges from 0.03 $/L for IISWDW to 0.06$/L for IISWDWM System. All the systems are economically and technically feasible as a solar distillation system for potable water in Northern Cyprus. The price of potable water from water vendors/hawkers ranges from 0.11-0.16 $/L. It is more economically viable to have the rooftop inclined solar water desalination system than procuring potable water from vendors.`

Sustainability and Economic Performance of the Companies in the Renewable Energy Sector in Romania

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Mihail Busu

2017-12-01

Full Text Available In this paper, we focus on the sustainability and economic performance of the renewable energy sector of Romania. In our analysis, we have used Total Quality Management (TQM model, which is an economic modern tool used for improving the quality of management for all companies. The aim of this study is to bring into discussion the conceptualized TQM model of Edward Deming underlying different stages of its evolution as it is described in the economic literature. Conceptual model is applied in a case study of the renewable energy sector of Romania. The quantitative research evaluates the impact of the total quality management to achieve the sustainable development, performance objectives and the competitive advantage of the companies in the renewable energy sector. Data was collected through a survey and the questionnaire was addressed to the management and employees in the renewable energy sector. Structural equation modelling (SEM was used and the hypotheses were tested by partial least square (PLS equations. Data was analyzed through the Smart PLS 3 software. The main contribution of this paper is to identify and evaluate the relationship among sustainable development, economic performance of the companies and TQM model indicators. The conclusions of our research are in line with the existing literature and confirm the theoretical assumptions, underlining the fact that the undertaking’s performance and sustainable development is a direct consequence of the combination among a series of factors like decisional power quality, motivated workforce as well as integrity of operational process.

Military construction program economic analysis manual: Text and appendixes: Hazardous Waste Remedial Actions Program

International Nuclear Information System (INIS)

1987-12-01

This manual enables the US Air Force to comprehensively and systematically analyze alternative approaches to meeting its military construction requirements. The manual includes step-by-step procedures for completing economic analyses for military construction projects, beginning with determining if an analysis is necessary. Instructions and a checklist of the tasks involved for each step are provided; and examples of calculations and illustrations of completed forms are included. The manual explains the major tasks of an economic analysis, including identifying the problem, selecting realistic alternatives for solving it, formulating appropriate assumptions, determining the costs and benefits of the alternatives, comparing the alternatives, testing the sensitivity of major uncertainties, and ranking the alternatives. Appendixes are included that contain data, indexes, and worksheets to aid in performing the economic analyses. For reference, Volume 2 contains sample economic analyses that illustrate how each form is filled out and that include a complete example of the documentation required. 6 figs., 12 tabs

Clinical laboratory as an economic model for business performance analysis

Science.gov (United States)

Buljanović, Vikica; Patajac, Hrvoje; Petrovečki, Mladen

2011-01-01

Aim To perform SWOT (strengths, weaknesses, opportunities, and threats) analysis of a clinical laboratory as an economic model that may be used to improve business performance of laboratories by removing weaknesses, minimizing threats, and using external opportunities and internal strengths. Methods Impact of possible threats to and weaknesses of the Clinical Laboratory at Našice General County Hospital business performance and use of strengths and opportunities to improve operating profit were simulated using models created on the basis of SWOT analysis results. The operating profit as a measure of profitability of the clinical laboratory was defined as total revenue minus total expenses and presented using a profit and loss account. Changes in the input parameters in the profit and loss account for 2008 were determined using opportunities and potential threats, and economic sensitivity analysis was made by using changes in the key parameters. The profit and loss account and economic sensitivity analysis were tools for quantifying the impact of changes in the revenues and expenses on the business operations of clinical laboratory. Results Results of simulation models showed that operational profit of €470 723 in 2008 could be reduced to only €21 542 if all possible threats became a reality and current weaknesses remained the same. Also, operational gain could be increased to €535 804 if laboratory strengths and opportunities were utilized. If both the opportunities and threats became a reality, the operational profit would decrease by €384 465. Conclusion The operational profit of the clinical laboratory could be significantly reduced if all threats became a reality and the current weaknesses remained the same. The operational profit could be increased by utilizing strengths and opportunities as much as possible. This type of modeling may be used to monitor business operations of any clinical laboratory and improve its financial situation by

Performance assessment analyses unique to Department of Energy spent nuclear fuel

International Nuclear Information System (INIS)

Loo, H.H.; Duguid, J.J.

2000-01-01

This paper describes the iterative process of grouping and performance assessment that has led to the current grouping of the U.S. Department of Energy (DOE) spent nuclear fuel (SNF). The unique sensitivity analyses that form the basis for incorporating DOE fuel into the total system performance assessment (TSPA) base case model are described. In addition, the chemistry that results from dissolution of DOE fuel and high level waste (HLW) glass in a failed co-disposal package, and the effects of disposal of selected DOE SNF in high integrity cans are presented

Economic and environmental performance of oil transesterification in supercritical methanol at different reaction conditions: Experimental study with a batch reactor

International Nuclear Information System (INIS)

Tomic, Milan; Micic, Radoslav; Kiss, Ferenc; Dedovic, Nebojsa; Simikic, Mirko

2015-01-01

Highlights: • Influence of reaction parameters on FAME yields has been investigated. • The highest yield (93%) was achieved after 15 min at 350 °C and 12 MPa. • Models which predict with high certainty yields at different reaction conditions. • Economic and environmental performance of supercritical transesterification. • The lowest costs and impacts are always achieved at the highest yields. - Abstract: This study aims to investigate the influence of various reaction parameters (temperatures, working pressures and reaction time) on biodiesel yields and environmental and economic performance of rapeseed oil transesterification in supercritical methanol. Experiments were carried out in a laboratory-scale batch reactor. Results were statistically analysed and multiple regression models which describe and predict biodiesel yields with high certainty at different reaction conditions were provided. The highest biodiesel yield (93 wt%) was achieved at 350 °C and 12 MPa after 15 min of reaction. The lowest direct costs and life cycle environmental impacts (in terms of GHG emissions and fossil energy demand) are achieved at the highest yield due to the lowest oil consumption per unit of biodiesel produced. The results of sensitivity analysis showed that even at significantly lower oil feedstock prices this observation stands firm

Market analyses of livestock trade networks to inform the prevention of joint economic and epidemiological risks.

Science.gov (United States)

Moslonka-Lefebvre, Mathieu; Gilligan, Christopher A; Monod, Hervé; Belloc, Catherine; Ezanno, Pauline; Filipe, João A N; Vergu, Elisabeta

2016-03-01

Conventional epidemiological studies of infections spreading through trade networks, e.g., via livestock movements, generally show that central large-size holdings (hubs) should be preferentially surveyed and controlled in order to reduce epidemic spread. However, epidemiological strategies alone may not be economically optimal when costs of control are factored in together with risks of market disruption from targeting core holdings in a supply chain. Using extensive data on animal movements in supply chains for cattle and swine in France, we introduce a method to identify effective strategies for preventing outbreaks with limited budgets while minimizing the risk of market disruptions. Our method involves the categorization of holdings based on position along the supply chain and degree of market share. Our analyses suggest that trade has a higher risk of propagating epidemics through cattle networks, which are dominated by exchanges involving wholesalers, than for swine. We assess the effectiveness of contrasting interventions from the perspectives of regulators and the market, using percolation analysis. We show that preferentially targeting minor, non-central agents can outperform targeting of hubs when the costs to stakeholders and the risks of market disturbance are considered. Our study highlights the importance of assessing joint economic-epidemiological risks in networks underlying pathogen propagation and trade. © 2016 The Authors.

Economic competitiveness : performance measures for transportation : review of literature and best practices.

Science.gov (United States)

2008-11-01

The New York State Department of Transportation (NYSDOT) is developing a comprehensive set of measures that link investments in transportation to the general economic performance of the New York State Economy. The agency would like to understand in p...

Performing Economic Evaluation of Integrated Care: Highway to Hell or Stairway to Heaven?

Science.gov (United States)

Stein, K. Viktoria; Evers, Silvia; Rutten-van Mölken, Maureen

2016-01-01

Health economists are increasingly interested in integrated care in order to support decision-makers to find cost-effective solutions able to tackle the threat that chronic diseases pose on population health and health and social care budgets. However, economic evaluation in integrated care is still in its early years, facing several difficulties. The aim of this paper is to describe the unique nature of integrated care as a topic for economic evaluation, explore the obstacles to perform economic evaluation, discuss methods and techniques that can be used to address them, and set the basis to develop a research agenda for health economics in integrated care. The paper joins the voices that call health economists to pay more attention to integrated care and argues that there should be no more time wasted for doing it. PMID:28316543

Relating the carbon footprint of milk from Irish dairy farms to economic performance.

Science.gov (United States)

O'Brien, D; Hennessy, T; Moran, B; Shalloo, L

2015-10-01

Mitigating greenhouse gas (GHG) emissions per unit of milk or the carbon footprint (CF) of milk is a key issue for the European dairy sector given rising concerns over the potential adverse effects of climate change. Several strategies are available to mitigate GHG emissions, but producing milk with a low CF does not necessarily imply that a dairy farm is economically viable. Therefore, to understand the relationship between the CF of milk and dairy farm economic performance, the farm accountancy network database of a European Union nation (Ireland) was applied to a GHG emission model. The method used to quantify GHG emissions was life cycle assessment (LCA), which was independently certified to comply with the British standard for LCA. The model calculated annual on- and off-farm GHG emissions from imported inputs (e.g., electricity) up to the point milk was sold from the farm in CO2-equivalent (CO2-eq). Annual GHG emissions computed using LCA were allocated to milk based on the economic value of dairy farm products and expressed per kilogram of fat- and protein-corrected milk (FPCM). The results showed for a nationally representative sample of 221 grass-based Irish dairy farms in 2012 that gross profit averaged € 0.18/L of milk and € 1,758/ha and gross income was € 40,899/labor unit. Net profit averaged € 0.08/L of milk and € 750/ha and net income averaged € 18,125/labor unit. However, significant variability was noted in farm performance across each financial output measure. For instance, net margin per hectare of the top one-third of farms was 6.5 times higher than the bottom third. Financial performance measures were inversely correlated with the CF of milk, which averaged 1.20 kg of CO2-eq/kg of FPCM but ranged from 0.60 to 2.13 kg of CO2-eq/kg of FPCM. Partial least squares regression analysis of correlations between financial and environmental performance indicated that extending the length of the grazing season and increasing milk production

Economic appraisal of the angioplasty procedures performed in 2004 in a high-volume diagnostic and interventional cardiology unit.

Science.gov (United States)

Manari, Antonio; Costa, Elena; Scivales, Alessandro; Ponzi, Patrizia; Di Stasi, Francesca; Guiducci, Vincenzo; Pignatelli, Gianluca; Giacometti, Paola

2007-10-01

Growing interest in the use of drug-eluting stents (DESs) in coronary angioplasty has prompted the Healthcare Agency of the Emilia Romagna Region to draw up recommendations for their appropriate clinical use in high-risk patients. Since the adoption of any new technology necessitates economic appraisal, we analysed the resource consumption of the various types of angioplasty procedures and the impact on the budget of a cardiology department. A retrospective economic appraisal was carried out on the coronary angioplasty procedures performed in 2004 in the Department of Interventional Cardiology of Reggio Emilia. On the basis of the principles of activity-based costing, detailed hospital costs were estimated for each procedure and compared with the relevant diagnosis-related group (DRG) reimbursement. In 2004, the Reggio Emilia hospital performed 806 angioplasty procedures for a total expenditure of euro 5,176,268. These were 93 plain old balloon angioplasty procedures (euro 487,329), 401 procedures with bare-metal stents (euro 2,380,071), 249 procedures with DESs (euro 1,827,386) and 63 mixed procedures (euro 481,480). Reimbursements amounted to euro 5,816,748 (11% from plain old balloon angioplasty, 50% from bare-metal stent, 31% from DES and 8% from mixed procedures) with a positive margin of about euro 680,480 between costs incurred and reimbursements obtained, even if the reimbursement for DES and mixed procedures was not covering all the incurred costs. Analysis of the case-mix of procedures revealed that an overall positive margin between costs and DRG reimbursements was achieved. It therefore emerges that adherence to the indications of the Healthcare Agency of the Emilia Romagna Region for the appropriate clinical use of DESs is economically sustainable from the hospital enterprise point of view, although the DRG reimbursements are not able to differentiate among resource consumptions owing to the adoption of innovative technologies.

Information Trading by Corporate Insiders Based on Accounting Accruals - Forecasting Economic Performance

NARCIS (Netherlands)

Hodgson, A.; van Praag, B.

2006-01-01

In this paper, we test whether directors’ (corporate insiders) trading in Australia, based on accounting accruals, provides incremental information in forecasting a firm's economic performance. We determine that directors’ trading on negative accruals in larger firms has greater forecasting content

The economic performance of supply chain(s) served by the mega freight transport vehicles

NARCIS (Netherlands)

Janic, M.

2014-01-01

This paper deals with the economic performances of supply chain(s) served by different including the mega freight transport vehicles. These performances are considered as a dimension of the supply chain’s sustainability together with the infrastructural, technical/technological, operational,

Economic evaluations in pain management: principles and methods.

Science.gov (United States)

Asche, Carl V; Seal, Brian; Jackson, Kenneth C; Oderda, Gary M

2006-01-01

This paper describes how investigators may design, conduct, and report economic evaluations of pharmacotherapy for pain and symptom management. Because economic evaluation of therapeutic interventions is becoming increasingly important, there is a need for guidance on how economic evaluations can be optimally conducted. The steps required to conduct an economic evaluation are described to provide this guidance. Economic evaluations require two or more therapeutic interventions to be compared in relation to costs and effects. There are five types of economic evaluations, based on analysis of: (1) cost-effectiveness, (2) cost-utility, (3) cost-minimization, (4) cost-consequence, and (5) cost-benefit analyses. The six required steps are: identify the perspective of the study; identify the alternatives that will be compared; identify the relevant costs and effects; determine how to collect the cost and effect data; determine how to perform calculation for cost and effects data; and determine the manner in which to depict the results and draw comparisons.

More Health Expenditure, Better Economic Performance? Empirical Evidence From OECD Countries

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Fuhmei Wang PhD

2015-08-01

Full Text Available Recent economic downturns have led many countries to reduce health spending dramatically, with the World Health Organization raising concerns over the effects of this, in particular among the poor and vulnerable. With the provision of appropriate health care, the population of a country could have better health, thus strengthening the nation’s human capital, which could contribute to economic growth through improved productivity. How much should countries spend on health care? This study aims to estimate the optimal health care expenditure in a growing economy. Applying the experiences of countries from the Organization for Economic Co-Operation and Development (OECD over the period 1990 to 2009, this research introduces the method of system generalized method of moments (GMM to derive the design of the estimators of the focal variables. Empirical evidence indicates that when the ratio of health spending to gross domestic product (GDP is less than the optimal level of 7.55%, increases in health spending effectively lead to better economic performance. Above this, more spending does not equate to better care. The real level of health spending in OECD countries is 5.48% of GDP, with a 1.87% economic growth rate. The question which is posed by this study is a pertinent one, especially in the current context of financially constrained health systems around the world. The analytical results of this work will allow policymakers to better allocate scarce resources to achieve their macroeconomic goals.

More Health Expenditure, Better Economic Performance? Empirical Evidence From OECD Countries

Science.gov (United States)

Wang, Fuhmei

2015-01-01

Recent economic downturns have led many countries to reduce health spending dramatically, with the World Health Organization raising concerns over the effects of this, in particular among the poor and vulnerable. With the provision of appropriate health care, the population of a country could have better health, thus strengthening the nation’s human capital, which could contribute to economic growth through improved productivity. How much should countries spend on health care? This study aims to estimate the optimal health care expenditure in a growing economy. Applying the experiences of countries from the Organization for Economic Co-Operation and Development (OECD) over the period 1990 to 2009, this research introduces the method of system generalized method of moments (GMM) to derive the design of the estimators of the focal variables. Empirical evidence indicates that when the ratio of health spending to gross domestic product (GDP) is less than the optimal level of 7.55%, increases in health spending effectively lead to better economic performance. Above this, more spending does not equate to better care. The real level of health spending in OECD countries is 5.48% of GDP, with a 1.87% economic growth rate. The question which is posed by this study is a pertinent one, especially in the current context of financially constrained health systems around the world. The analytical results of this work will allow policymakers to better allocate scarce resources to achieve their macroeconomic goals. PMID:26310501

EMPIRICAL RESEARCH ON THE STRUCTURE OF A SYSTEM FOR ASSESSMENT OF THE GLOBAL PERFORMANCE OF ECONOMIC ENTITIES

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Pintea Mirela-Oana

2012-07-01

Full Text Available Sustainable development and, therefore, globalization require new standards of performance that exceeds the economic field, both for domestic companies as well as international ones. So, these standards should be integrated into corporate strategy development to ensure sustainability of activities undertaken by harmonizing the economic, social and environmental objectives. For sustainable development of an entity, value creation can not be seen in strictly financial terms, therefore any strategies that are defined by entities concerns not only the quantitative aspects (economic-financial but also qualitative aspects (social and environmental. This study attempts to address the issue of building a set of indicators to assess overall performance and it stops at each of the three dimensions of performance, namely economic performance, social performance and environmental performance. In this scientific approach we try to stop on one of the priorities of economic research that is finding indicators that better reflect the three dimensions of performance. What indicators would best represent the overall performance?, What indicators would best represent the financial performance?, What indicators would best represent social performance?, What would be the best indicators of environmental performance? During this scientific approach will try to answer each of these questions through the empirical research conducted. To do this research we focused on statistical population consisting of the following categories of analysts: analysts from academic environment (Cluj-Napoca, Bucharest, Timisoara, Iasi, Craiova, Sibiu, Pitesti, Galati and financial analysts from the specific departments of the Financial Investment Services Company (Broker SA, BT Securities, Target Capital, Tradeville, Estinvest, Intercapital, KBC Securities, etc.. This distinction was made because we believe that in determining the optimal structure of such a model we need the views of

Eurasian Economic Union: A Regional Economic Hegemony Initiative

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Serdar YILMAZ

2017-11-01

Full Text Available It can be assumed that international relations terminology has not mentioned enough about the significance of the Eurasian Economic Union in territorial as well as in economic terms during a period of growing geopolitical risks and high interdependence between the member countries and the rest. According to Kazakhstan’s President Nursultan Nazarbayev, it is truly difficult for states to overcome economic, political and security issues and therefore, states need to act together against the problems in a globalizing world by establishing regional and international organisations. This article thus examines the Eurasian Economic Union integration proces, which is driven by political and economic factors that consolidate regional security and create an effective economic system, whether it in the long term will become successful or not. The author also analyses the Kazakh economic and strategic interests in the region as well as the motivation, power and influence of other members in deepening the cooperation with international arena and the limits in the economic-security integration.

Validation of Method Performance of pH, PCO2, PO2, Na(+), K(+) of Cobas b121 ABG Analyser.

Science.gov (United States)

Nanda, Sunil Kumar; Ray, Lopamudra; Dinakaran, Asha

2014-06-01

The introduction of a new method or new analyser is a common occurrence in clinical biochemistry laboratory. Blood gas measurements and electrolytes are often performed in Point-of-Care (POC) settings. When a new POC analyser is obtained, the performance of the analyser should be evaluated by comparison to the measurements with the reference analyser in the laboratory. Evaluation of method performance of pH, PCO2, PO2, Na(+), K(+) of cobas b121 ABG analyser. The evaluation of method performance of pH, PO2, PCO2, Na(+), K(+) of cobas b121 ABG analyser was done by comparing the results of 50 patient samples run on cobas b121 with the results obtained from Rapid lab values (reference analyser). Correlation coefficient was calculated from the results obtained from both the analysers. Precision was calculated by running biorad ABG control samples. The correlation coefficient values obtained for parameters were close to 1.0 indicating good correlation. The CV obtained for all the parameters were less than 5 indicating good precision. The new ABG analyser, Cobas b121 correlated well with the reference ABG analyser (Rapid Lab) and could be used to run on patient samples.

Legal System as a Determinant of Economic Performance: Factual Records in Romania

Directory of Open Access Journals (Sweden)

Clipa Raluca Irina

2012-05-01

Full Text Available The role of the legal system in generating economic performance is enjoying increased attention inliterature. Our scientific endeavour tries to underline, from an original perspective, the incoherence whichcharacterises the Romanian law and judicial system; at the same time, it also offers a few solutions meant torestore and reconsider the role of public institutions in the legislative and judicial process. Considering thefacts presented in our study, the existence of efficient legal institutions, who enforce contracts ex post whileusing the judicial infrastructure (courts and judicial procedures, is more than critical for the formation of anagreement of will between contracting parties, thus generating economic performance for privateorganisations by reducing transaction costs and by limiting the opportunism of economic agents. Equity,predictability, transparency and reduced costs are advantages deriving from the legal enforcement ofcontracts, which stimulate competition and trade, while reducing the risks associated with different types oftransactions. Thus, it is necessary to implement an anti-corruption policy, to enhance the predictability of thelaw-making process, to reconsider and restore the attributions of institutions involved in the Romanianlegislative and judiciary process, in order to promote proper civil and commercial judicial procedures,together with the analysis of the possibility to acknowledge jurisprudence as a source of law.

Factors affecting economic performance of nuclear power projects in the USA and abroad

International Nuclear Information System (INIS)

Braun, C.

1988-01-01

Trends in nuclear power economics in the USA, as well as in other large power programmes, are reviewed in this paper. The current US coal/nuclear economic situation, the implications for operating cost improvements and the potential for the introduction of new low-cost nuclear units are discussed. The average economic advantage of nuclear over coal plants has been significantly eroded over the last four years, though the rate of decline has recently slowed. Discussion of an average plant's performance indices is always imprecise, given the wide distribution of the costs data. However, several nuclear power plants can be identified whose total generation costs in 1985 were less than coal units' variable costs or total generation expenses. It is concluded that the impact of new, low-cost plants on improving the overall US nuclear/coal economics will require a long time to make itself felt. In the near term the most cost effective methods for improving US nuclear power economics are a reduction in operating expenses and an increase in average plant capacity factors. (author). 9 refs, 9 figs

Comparative Analysis Of Financial Performance Banking Before And After The Global Economic Crisis In 2008

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Sri Indrastuti S.

2017-11-01

Full Text Available This research was conducted at the Regional Development Bank BPD in Indonesia. This study aims to examine and obtain empirical evidence about the comparative financial performance of regional banks after the global crisis with a view of its financial ratio which includes a ratio ROA CAR COF GMP LDR NIM ROA and ROE. This study further whether there was a significant difference in the time before and after the global economic crisis of 2008.The method used is a saturated or census sampling of the 26 Bank Pembangunan Daerah BPD. This study uses secondary data obtained from financial statement data Regional Development Bank for the period 2006 to 2010. The analytical tool used to determine differences in financial performance before and after the global economic crisis of 2008 was Paired sample T test for normally distributed data. If the data were not normally distributed using the Wilcoxon Signed Rank Test.The results showed that the financial performance of the Bank Pembangunan Daerah BPD in the ratio of ROA CAR COF GMP LDR NIM and ROA before and after the global economic crisis in 2008 there are significant differences. While ROE ratios before and after the global economic crisis of 2008 was not a significant difference.

L'economia occidentale negli anni settanta: valutazioni e prospettive. (Western economic performance in the 1970s: a perspective and assessment

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A. MADDISON

2013-12-01

Full Text Available Nel " periodo d'oro " degli anni 1950 e 1960 la crescita economica nei paesi capitalisti avanzati ha superato tutti i record storici . La performance di crescita nel 1970 si è quindi significativamente deteriorata , e il ritmo di inflazione è più che raddoppiato . Il presente lavoro si concentra sui temi del rallentamento dei tassi di crescita e l'accelerazione degli aumenti dei prezzi in questo periodo . L'aurore analizza per prima cosa le favoreboli condizioni degli anni '50 e '60 e le buone politiche applicate . sucessivamente viene analizzato il deterioramentonegli delle politiche economiche negli anni '70 . Infine viene trattato il grado di successo o il fallimento della politica economica negli anni '70 .In the “golden age” of the 1950s and 1960s economic growth in the advanced capitalist countries surpassed virtually all historical records. Growth performance in the 1970s then deteriorated significantly, and the pace of inflation more than doubled. The present paper looks at questions related to the slowdown in growth rates and the acceleration of price increases in this period. The author first analyses to what extent favourable performance in the 50s and 60s was due to chance or good policy. Conversely, the extent to which deterioration in the 70s was due to circumstance or bad policy is then considered. Finally, the degree of success or failure of economic policy in the 70s is dealt with. JEL: E31, E65

An Analysis of Integrated Child Development Scheme Performance in Contributing to Alleviation of Malnutrition in Two Economically Resurgent States.

Science.gov (United States)

Ruia, Aparna; Gupta, Rajul Kumar; Bandyopadhyay, Gargi; Gupta, Rajshree R

2018-01-01

Good economic growth is considered synonymous with good nutrition. In recent past, some states (like Bihar and Gujarat) have seen unprecedented economic growth. Despite this and introducing plethora of programs (including integrated child development scheme [ICDS]) to reduce malnutrition, one state might be performing well in reducing malnutrition whereas other with equally high economic growth rate might lag behind. Is mere economic growth good enough to alleviate malnutrition? The aim of the article is to document a critical comparative analysis of malnutrition with special emphasis on ICDS (with respect to finances, infrastructure, training, performance) in the two economically resurgent states of Gujarat and Bihar. An exploratory study using secondary data sources (for ICDS performance) to critically analyze malnutrition status in Bihar and Gujarat. Gujarat, which was criticized for placing excessive emphasis on economic growth, has shown sharp improvement in combating malnutrition. Undernourished children declined from 73.04% in 2007 to 25.09% in 2013, with just 1.6% being severely malnourished. On the other hand, Bihar too exhibited an impressive economic growth but still languishes at bottom with malnutrition rate of 82%. A high economic growth does not have automatic immediate positive gains on malnutrition alleviation.

Comparative techno-economic assessment and LCA of selected integrated sugarcane-based biorefineries.

Science.gov (United States)

Gnansounou, Edgard; Vaskan, Pavel; Pachón, Elia Ruiz

2015-11-01

This work addresses the economic and environmental performance of integrated biorefineries based on sugarcane juice and residues. Four multiproduct scenarios were considered; two from sugar mills and the others from ethanol distilleries. They are integrated biorefineries producing first (1G) and second (2G) generation ethanol, sugar, molasses (for animal feed) and electricity in the context of Brazil. The scenarios were analysed and compared using techno-economic value-based approach and LCA methodology. The results show that the best economic configuration is provided by a scenario with largest ethanol production while the best environmental performance is presented by a scenario with full integration sugar - 1G2G ethanol production. Copyright © 2015 Elsevier Ltd. All rights reserved.

Methodology for Selection of Economic Performance Factors in the Area of Information and Communication Activities

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Jana Hornungová

2015-01-01

Full Text Available The article presents one part of the research work of the author that is focused on the business performance. The aim of this paper is to find and introduce economic factors of corporate performance system that are important part of the performance, because can help to organization define and measure progress toward organizational goals. The aim also included the determination of Key Performance Indicators (KPIs. The first step for the evaluation of performance is the projective access. This approach is meant, that the performance in terms of the future development of the company it is possible to conclude on the basis of, and ongoing activities. In relation to this idea are as fundamental the economic indicators of the performance scale. To find these factors were used the theoretical information from the area of KPIs and data from primary research. This data were tested through mathematical-statistical analysis, in this case, directly on the basis of factor analysis.

Forecasting performance of three automated modelling techniques during the economic crisis 2007-2009

DEFF Research Database (Denmark)

Kock, Anders Bredahl; Teräsvirta, Timo

In this work we consider forecasting macroeconomic variables during an economic crisis. The focus is on a speci…c class of models, the so-called single hidden-layer feedforward autoregressive neural network models. What makes these models interesting in the present context is that they form a cla...... during the economic crisis 2007–2009. Forecast accuracy is measured by the root mean square forecast error. Hypothesis testing is also used to compare the performance of the different techniques with each other....

Performance analyses of naval ships based on engineering level of simulation at the initial design stage

Directory of Open Access Journals (Sweden)

Dong-Hoon Jeong

2017-07-01

Full Text Available Naval ships are assigned many and varied missions. Their performance is critical for mission success, and depends on the specifications of the components. This is why performance analyses of naval ships are required at the initial design stage. Since the design and construction of naval ships take a very long time and incurs a huge cost, Modeling and Simulation (M & S is an effective method for performance analyses. Thus in this study, a simulation core is proposed to analyze the performance of naval ships considering their specifications. This simulation core can perform the engineering level of simulations, considering the mathematical models for naval ships, such as maneuvering equations and passive sonar equations. Also, the simulation models of the simulation core follow Discrete EVent system Specification (DEVS and Discrete Time System Specification (DTSS formalisms, so that simulations can progress over discrete events and discrete times. In addition, applying DEVS and DTSS formalisms makes the structure of simulation models flexible and reusable. To verify the applicability of this simulation core, such a simulation core was applied to simulations for the performance analyses of a submarine in an Anti-SUrface Warfare (ASUW mission. These simulations were composed of two scenarios. The first scenario of submarine diving carried out maneuvering performance analysis by analyzing the pitch angle variation and depth variation of the submarine over time. The second scenario of submarine detection carried out detection performance analysis by analyzing how well the sonar of the submarine resolves adjacent targets. The results of these simulations ensure that the simulation core of this study could be applied to the performance analyses of naval ships considering their specifications.

THE PERFORMANCE OF THE ECONOMIC ENTITY MEASURED THROUGH ACCOUNTING INFORMATION

Directory of Open Access Journals (Sweden)

Marius Cristian Milos

2012-01-01

Full Text Available The users of financial statements need information regarding the resources of an economic entity and also data regarding the way in which the entity’s management is using resources. This information helps users to quantify efficiency and performance within an entity. There are many stakeholders who do show interest in an entity’s financial reports, including existing and potential investors, employees, lenders, suppliers, customers, regulators and other government agencies and not the least the common citizens. The main purpose of this paper is to highlight the importance of the performance measurement and to discuss possible reporting methods. Performance is a concept that raises many questions regarding the most accurate way or the best method for quantifying and reporting performance at the company level .So if financial performance indicators are considered to offer an accurate image of the situation of a company, the modern approach which focuses also on non-financial indicators offers new perspectives upon performance measurement, which may be really expressive and also based on simplicity.

Local economic development policy in Poland: Determinants and outcomes

Directory of Open Access Journals (Sweden)

Mariusz Wiktor Sienkiewicz

2014-12-01

Full Text Available The purpose of this article is to define nature, basis, and the effects of the economic development policy conducted by local governments in Poland. The analyses carried out are designed to define the role of local authorities in the management of economic development in the area. Furthermore, the purpose of this article is to analyse instruments for supporting economic development, which can be potentially used by local governments in Poland. The realization of this objective is possible by using descriptive methods based on a review of literature and the various types of documents and analysis on the policy of both the economic development and activities of local government, which implement this policy. The method of system analysis is also partially used in the article, and some results of surveys conducted among Polish and foreign investors and entrepreneurs in 2011 are presented. The article assumes that in spite of having a number of instruments, both formal and material, for encouraging economic development and business development, most local governments narrowly assess the current state of entrepreneurship and development trends, and perform an insufficient analysis of the potential of their area. Secondly, the formulated goals of economic development are not very innovative, ambitious or concrete. Furthermore, they do not arise directly from the analysis of the micro and macro-environment that affects the position and development of local government. Key words:

An Evaluation of Clinical Economics and Cases of Cost-effectiveness.

Science.gov (United States)

Takura, Tomoyuki

2018-05-01

In order to maintain and develop a universal health insurance system, it is crucial to utilize limited medical resources effectively. In this context, considerations are underway to introduce health technology assessments (HTAs), such as cost-effectiveness analyses (CEAs), into the medical treatment fee system. CEAs, which is the general term for these methods, are classified into four categories, such as cost-effectiveness analyses based on performance indicators, and in the comparison of health technologies, the incremental cost-effectiveness ratio (ICER) is also applied. When I comprehensively consider several Japanese studies based on these concepts, I find that, in the results of the analysis of the economic performance of healthcare systems, Japan shows the most promising trend in the world. In addition, there is research indicating the superior cost-effectiveness of Rituximab against refractory nephrotic syndrome, and it is expected that health economics will be actively applied to the valuation of technical innovations such as drug discovery.

Optimization of a Centrifugal Boiler Circulating Pump's Casing Based on CFD and FEM Analyses

Directory of Open Access Journals (Sweden)

Zhigang Zuo

2014-04-01

Full Text Available It is important to evaluate the economic efficiency of boiler circulating pumps in manufacturing process from the manufacturers' point of view. The possibility of optimizing the pump casing with respect to structural pressure integrity and hydraulic performance was discussed. CFD analyses of pump models with different pump casing sizes were firstly carried out for the hydraulic performance evaluation. The effects of the working temperature and the sealing ring on the hydraulic efficiency were discussed. A model with casing diameter of 0.875D40 was selected for further analyses. FEM analyses were then carried out on different combinations of casing sizes, casing wall thickness, and materials, to evaluate its safety related to pressure integrity, with respect to both static and fatigue strength analyses. Two models with forging and cast materials were selected as final results.

Accident analyses performed for the Norwegian committee on nuclear power

International Nuclear Information System (INIS)

Tveten, U.; Thomassen, D.; Kvaal, E.

1979-02-01

As part of the work performed for the Norwegian Government Committee on Nuclear Power, risk calculations were carried out for two examples of possible reactor sites in Norway. The calculations were performed with the computer program COMO (or CRACK), which was also used in the American reactor safety study (WASH-1400). In connection with the Norwegian calculations some modifications were made to the program, and relevant data for Norwegian conditions were introduced. The atmospheric dispersion model and meteorological data are discussed at some length. An analysi of the population distribution around both sites is presented and land usage is also discussed. Radiation dose calculations internal, and external, are summarised. Shielding factors from terrain and buildings are also given, and the effect of evacuation briefly discussed. Health effects, immediate mortalities, and delayed and genetic effects are discussed at some length. The economic consequences of an accident due to e.g. evacuation, condemnation of agricultural products, cost of decontamination, loss in property value and relocation costs are estimated. The results are presented graphically as a function of probability. (JIW)

On the “cost-optimal levels” of energy performance requirements and its economic evaluation in Italy

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Lamberto Tronchin

2014-10-01

Full Text Available The European energy policies about climate and energy package, known as the “20-20-20” targets define ambitious, but achievable, national energy objectives. As regards the Directives closely related to the 2020 targets, the EU Energy Performance of Buildings Directive (EPBD Recast- DIR 2010/31/EU is the main European legislative instrument for improving the energy performance of buildings, taking into account outdoor climatic and local conditions, as well as indoor climate requirements and cost-effectiveness. The EPBD recast now requests that Member States shall ensure that minimum energy performance requirements for buildings are set “with a view to achieving cost-optimal levels”. The cost optimum level shall be calculated in accordance with a comparative methodology framework, leaving the Member States to determine which of these calculations is to become the national benchmark against which national minimum energy performance requirements will be assessed. The European standards (ENs- Umbrella Document V7 (prCEN/TR 15615 are intended to support the EPBD by providing the calculation methods and associated material to obtain the overall energy performance of a building. For Italy the Energy Performance of Building Simulations EPBS must be calculated with standard UNITS 11300. The energy building behaviour is referred to standard and not to real use, nor climate or dynamic energy evaluation. Since retrofitting of existing buildings offers significant opportunities for reducing energy consumption and greenhouse gas emissions, a case study of retrofitting is described and the CostOptimal Level EU procedure in an Italian context is analysed. Following this procedure, it is shown not only that the energy cost depends on several conditions and most of them are not indexed at national level but also that the cost of improvement depends on local variables and contract tender. The case study highlights the difficulties to apply EU rules, and

A biofuel-based cogeneration plant in a natural gas expansion system: An energetic and economic assessment

International Nuclear Information System (INIS)

Badami, Marco; Modica, Stefano; Portoraro, Armando

2017-01-01

Highlights: • A Natural Gas Turbo Expander system with a rapeseed oil fueled CHP is studied. • The experimental data of the plant are considered in the analyses. • The energetic index of performance shows the attractiveness of the plant. • Incentives and fuel price volatility effects on economic profitability are analysed. - Abstract: The paper deals with an analysis of the energetic and economic performance of a City Gas Station (CGS) plant, made up of a rapeseed oil cogenerator coupled to a turbo-expansion system for the reduction of natural gas pressure, which is currently in operation in Italy. Although this kind of systems concept is well known, the plant can be considered unusual because the heat needed to pre-heat the gas before its expansion is obtained from a renewable source. The aim of the paper is to analyse the energetic efficiency of the plant and its economic viability, which is affected to a great extent by subsidizing energy policies and by the volatility of vegetable oil prices. All the evaluations have been based on a real set of experimental data.

Solar thermal–photovoltaic powered potato cold storage – Conceptual design and performance analyses

International Nuclear Information System (INIS)

Basu, Dipankar N.; Ganguly, A.

2016-01-01

Highlights: • Loss of food crop is a huge problem in India due to the shortage of cold storage. • Conceptual design of a power system using solar energy for a potato cold storage. • Integration of flat plate collector and SPV module with suitable operating strategy. • System provides a net energy surplus of about 36 MW h over a calendar year. • Rudimentary economic analysis found payback period of less than four years. - Abstract: Wastage of food crops due to the dearth of proper cold storage facilities is a huge problem in underdeveloped and developing countries of the world. Conceptual design of a potato cold storage is presented here, along with performance appraisal over a calendar year. The microclimate inside the cold storage is regulated using a water–lithium bromide absorption system. Proposed system utilizes both solar thermal and photovoltaic generated electrical energy for its operation. A suitable operation strategy is devised and the performance of the integrated system is analyzed from energy and exergy point of view to identify the required numbers of thermal collectors and photovoltaic modules. The proposed system is found to provide a net surplus of about 36 MW h energy over a calendar year, after meeting the in-house requirements. A rudimentary economic analysis is also performed to check the financial viability of the proposed system. Both the thermal and photovoltaic components are found to have payback periods less than four years.

Towards an Integrated Framework for Special Economic Zones (SEZs)

DEFF Research Database (Denmark)

Aggarwal, Aradhna

tool to achieve a variety of goals. The drivers of success and economic outcomes of SEZs depend on the strategic approach adopted by policy makers towards SEZs. There is no single recipe of their success or development outcomes. Finally, institutions evolve in the process of development. So must......This paper presents a comprehensive conceptual framework for the rationale, success factors and development outcomes of Special Economic Zones (SEZs), and analyses their performance in selected Asian countries within that framework. It draws on the tenets of the literature on ‘dynamics...

Privatization and Economic Performance: Evidence from Nigeria ...

African Journals Online (AJOL)

African Research Review ... This paper seeks to evaluate theoretically and empirically the impact of privatization on economic growth in Nigeria. Using error correlation model (ECM), it was discovered that privatization has not impacted positively on economic growth in Nigeria, and this was blamed on a lot of factors like ...

Implementation of palm biodiesel based on economic aspects, performance, emission, and wear characteristics

International Nuclear Information System (INIS)

Mosarof, M.H.; Kalam, M.A.; Masjuki, H.H.; Ashraful, A.M.; Rashed, M.M.; Imdadul, H.K.; Monirul, I.M.

2015-01-01

Highlights: • Global environmental protection of using alternative fuel. • Economic aspects of palm oil biodiesel in Malaysia. • Tribological characteristics of palm oil biodiesel in engine components. • Engine performance and emission of palm oil biodiesel. • Effect of temperature on density and kinematic viscosity for various biodiesel. - Abstract: The high cost of energy supplies and the growing concern over the dependency on fossil fuels have impelled many countries to search for renewable and alternative energy sources. The extensive use of fossil fuels for transportation and power generation all over the world have caused the supply of fossil fuels to continuously decrease and have aggravated environmental pollution. Searching for alternative fuels has become imperative to reduce pollution and address the problems on fossil fuels. Vegetable oil fuels, such as palm oil biodiesel, serve as alternative forms of energy and are currently being studied, particularly as a diesel fuel substitute. The purpose of this study is to review the potential of palm oil as an energy source and alternative diesel fuel in terms of its performance, environmental impact, wear characteristics, and economic considerations. Compared with other vegetable oils, palm oil is a relatively sustainable, environment-friendly, less expensive, and economically beneficial potential source of energy. Palm oil plantation and production is a major industry in Malaysia, contributing to the economic growth and development of the country. The properties of palm oil biodiesel, namely, high oxidation stability, good cold properties, cetane number, and higher viscosity, makes it a suitable diesel substitute. Compared with other vegetable oils and petroleum diesel fuels, palm oil is associated with better engine performance, higher specific fuel consumption, and shorter ignition delay. Use of palm oil also reduces exhaust emission of hydrocarbon, carbon monoxide, carbon dioxide, and smoke, but

Productive and Economic Performance of Broiler Chickens Subjected to Different Nutritional Plans

Directory of Open Access Journals (Sweden)

JMS Martins

Full Text Available ABSTRACT The objective of the study was to evaluate the effect of nutritional plans on the productive and economic performance of Hubbard Flex broiler chickens. A completely randomized experimental design was applied, consisting of five treatments. Treatments consisted of five different nutritional plans: a basal diet containing the nutrient and energy levels recommended by literature and designated reference diet; two diets containing 1.5% and 3% lower levels than the reference diet; and two diets containing 1.5% and 3% higher levels than the reference diet (-3%, -1.5%, reference plan, +1.5% and +3%. Feed intake (FI, body weight (BW, feed conversion rate (FCR, livability (L and productive efficient index (PEI were determined when broilers were 42 days old. Broilers were processed, and carcass and parts (breast fillet, leg, and wings yields were determined. The economic viablility of the nutitional plans was evaluated as a function of feed cost/kg live and carcass weights, economic efficiency index (EEI, and cost index (CI. Feed intake and the feed conversion rate decreased as dietary nutrient and energy levels increased. Feed cost/kg live weight, economic efficiency index, and cost index cost increased as dietary nutrient and energy levels increased. Feed intake, feed conversion ratio, production efficiency index, and breast yield improved with increasing nutritional and energy levels. However, worse economic results were obtained with higher nutritional and energy levels.

National approach to economic performance indicators for nuclear power plants: USA

International Nuclear Information System (INIS)

2006-01-01

The structure of the US electric power industry comprises a combination of traditional electric utilities and less traditional electricity producing companies. The electric utilities include investor owned, publicly owned, federal and cooperative firms. Approximately three quarters of the electricity generated by utilities is generated by investor owned companies. These utilities are, for the most part, franchised monopolies that have an obligation to provide electricity to all customers within a service area. Most provide for the generation, transmission and distribution of electricity, although the distinctions between these services are breaking down as the electricity industry becomes more deregulated. The shares are publicly traded and their areas of business operation are expanding into new ones, sometimes unrelated to the provision of electricity or even energy. Under deregulation and open market pricing of electricity, the business and financial success of operating nuclear plants must be considered to a much greater extent along with the successful achievement of safety and reliability objectives. In developing strategic and operational goals, nuclear plant managers are required to embrace clear and measurable business objectives and goals that not only assure the achievement of safety and reliability but, in addition, eliminate unnecessary costs and identify investment opportunities. These goals must balance operating and safety risk while optimizing plant revenues and earnings and ultimately ensure the profitability of electricity generating facilities. In doing so, it is essential that plant managers articulate goal achievement through the application of effective, measurable, economic performance indicators. Individual nuclear plants will sell their output competing on electricity price, ultimately to ensure the safe, reliable and economic dispatch of their generation either onto open spot markets or by competitive bidding for bilateral contracts. In

A Linkage Model of Supply Chain Operation and Financial Performance for Economic Sustainability of Firm

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Suk Ho Jin

2017-01-01

Full Text Available Although several studies have explored the relationship between the operation and performance of a supply chain (SC, a general SC model cannot deliver the expected financial results at a company-wide level. In this paper, we argue that this cannot guarantee the maximization of a firm’s overall value because short-term financial performance metrics do not reflect the risk to businesses and the invested capital. Owing to the varying natures of risk and the capital invested, firms with multiple divisions should assess each division separately, and the results can be compared for decisions concerning the allocation of the firm’s capital and resources to maximize the overall value of its businesses. We propose a linkage model to consider operational activities and financial performance simultaneously in a firm’s supply chain model. To exhibit the superiority of the proposed model that connects SC operation and financial indicators, we first compare the differences between models for maximizing profit and enterprise-wise economic value added (EVA as objective functions. To examine uncertainty in the operational and financial parameters of the SC, the results of sensitivity analyses are then reported. Experimental results showed that our model, using the EVA approach, is more effective and superior in terms of maximizing the firm’s overall value from the long-term perspective while satisfying the target values for financial ratios set by the firm’s executives and shareholders for all periods, unlike the results of the general model.

The economical contracting management in Agricultural Cooperatives: tools for evaluating their performance.

Directory of Open Access Journals (Sweden)

Rafael Enrique Viña Echevarría

2014-06-01

Full Text Available The economic and management contracts involve strategic actions, legal and operational purposes that make possible to convert the goal of an organization on results that express the fulfillment of the mandates and satisfies customers on the basis of the duties and obligations set out in the negotiating document. This article aims to get inside into the performance evaluation of the management of the recruitment of Agricultural Cooperatives and to reflex about the insufficiencies evidenced in this process. To which we developed a theoretical valuation and economic procurement praxiological showing a group of deficiencies that have impacted in the contracts management The study was able to obtain, process, analyze, interpret and argue the problems associated with economic contracting and justify the need to propose a system of indicators to assess recruitment management Agricultural Cooperatives in the province of Sancti Spiritus, the results revealed the ineffectiveness of the process and the negative impact on the productive base.

Herding, social influence and economic decision-making: socio-psychological and neuroscientific analyses

OpenAIRE

Baddeley, Michelle

2010-01-01

Typically, modern economics has steered away from the analysis of sociological and psychological factors and has focused on narrow behavioural assumptions in which expectations are formed on the basis of mathematical algorithms. Blending together ideas from the social and behavioural sciences, this paper argues that the behavioural approach adopted in most economic analysis, in its neglect of sociological and psychological forces and its simplistically dichotomous categorization of behaviour ...

Biomass feedstock analyses

Energy Technology Data Exchange (ETDEWEB)

Wilen, C.; Moilanen, A.; Kurkela, E. [VTT Energy, Espoo (Finland). Energy Production Technologies

1996-12-31

The overall objectives of the project `Feasibility of electricity production from biomass by pressurized gasification systems` within the EC Research Programme JOULE II were to evaluate the potential of advanced power production systems based on biomass gasification and to study the technical and economic feasibility of these new processes with different type of biomass feed stocks. This report was prepared as part of this R and D project. The objectives of this task were to perform fuel analyses of potential woody and herbaceous biomasses with specific regard to the gasification properties of the selected feed stocks. The analyses of 15 Scandinavian and European biomass feed stock included density, proximate and ultimate analyses, trace compounds, ash composition and fusion behaviour in oxidizing and reducing atmospheres. The wood-derived fuels, such as whole-tree chips, forest residues, bark and to some extent willow, can be expected to have good gasification properties. Difficulties caused by ash fusion and sintering in straw combustion and gasification are generally known. The ash and alkali metal contents of the European biomasses harvested in Italy resembled those of the Nordic straws, and it is expected that they behave to a great extent as straw in gasification. Any direct relation between the ash fusion behavior (determined according to the standard method) and, for instance, the alkali metal content was not found in the laboratory determinations. A more profound characterisation of the fuels would require gasification experiments in a thermobalance and a PDU (Process development Unit) rig. (orig.) (10 refs.)

Meta-analysis of institutional-economic factors explaining the environmental performance of payments for watershed services

NARCIS (Netherlands)

Brouwer, R.; Tesfaye, A.; Pauw, W.P.

2011-01-01

Payments for ecosystem services (PES) are a relatively new economic policy instrument, and the factors that drive and explain their environmental performance are poorly understood. Here a meta-analysis of causal relationships between the institutional design and environmental performance of 47

Sensitivity analyses of factors influencing CMAQ performance for fine particulate nitrate.

Science.gov (United States)

Shimadera, Hikari; Hayami, Hiroshi; Chatani, Satoru; Morino, Yu; Mori, Yasuaki; Morikawa, Tazuko; Yamaji, Kazuyo; Ohara, Toshimasa

2014-04-01

Improvement of air quality models is required so that they can be utilized to design effective control strategies for fine particulate matter (PM2.5). The Community Multiscale Air Quality modeling system was applied to the Greater Tokyo Area of Japan in winter 2010 and summer 2011. The model results were compared with observed concentrations of PM2.5 sulfate (SO4(2-)), nitrate (NO3(-)) and ammonium, and gaseous nitric acid (HNO3) and ammonia (NH3). The model approximately reproduced PM2.5 SO4(2-) concentration, but clearly overestimated PM2.5 NO3(-) concentration, which was attributed to overestimation of production of ammonium nitrate (NH4NO3). This study conducted sensitivity analyses of factors associated with the model performance for PM2.5 NO3(-) concentration, including temperature and relative humidity, emission of nitrogen oxides, seasonal variation of NH3 emission, HNO3 and NH3 dry deposition velocities, and heterogeneous reaction probability of dinitrogen pentoxide. Change in NH3 emission directly affected NH3 concentration, and substantially affected NH4NO3 concentration. Higher dry deposition velocities of HNO3 and NH3 led to substantial reductions of concentrations of the gaseous species and NH4NO3. Because uncertainties in NH3 emission and dry deposition processes are probably large, these processes may be key factors for improvement of the model performance for PM2.5 NO3(-). The Community Multiscale Air Quality modeling system clearly overestimated the concentration of fine particulate nitrate in the Greater Tokyo Area of Japan, which was attributed to overestimation of production of ammonium nitrate. Sensitivity analyses were conducted for factors associated with the model performance for nitrate. Ammonia emission and dry deposition of nitric acid and ammonia may be key factors for improvement of the model performance.

Economic Adversity Transitions From Childhood to Older Adulthood Are Differentially Associated With Later-Life Physical Performance Measures in Men and Women in Middle and High-Income Sites.

Science.gov (United States)

Hwang, Phoebe W; Dos Santos Gomes, Cristiano; Auais, Mohammad; Braun, Kathryn L; Guralnik, Jack M; Pirkle, Catherine M

2017-10-01

This study examines the relationship between economic adversity transitions from childhood to older adulthood and older adulthood physical performance among 1,998 community-dwelling older adults from five demographically diverse sites from middle and high-income countries. The principal exposure variable was economic adversity transition. No adversity encompassed not experiencing poverty in both childhood and older adulthood, improved described having only experienced poverty in childhood, worsened captured having experienced poverty in older adulthood, and severe is having experienced poverty in both childhood and older adulthood. The short physical performance battery (SPPB) was used for outcome measures. Analyses of the continuous SPPB score used linear regression, while analysis of a binary outcome (SPPB < 8 vs. ≥8) used Poisson regression models with robust error variance, both adjusting for sex, education, and site location. In sex-stratified models, the SPPB < 8 prevalence rate ratio (PRR) was higher for the severe (PRR: 2.80, 95% confidence interval [CI] = [1.70, 4.61]), worsened (PRR: 2.40, 95% CI = [1.41, 4.09]), and improved (PRR: 1.82, 95% CI = [1.11, 3.01]) groups, compared with those with no adversity in childhood or as adults, but only for females. Findings from this study indicate that persistent economic adversity has a negative effect on older adult physical performance, especially among women.

Optimization of a Centrifugal Boiler Circulating Pump's Casing Based on CFD and FEM Analyses

OpenAIRE

Zhigang Zuo; Shuhong Liu; Yizhang Fan; Yulin Wu

2014-01-01

It is important to evaluate the economic efficiency of boiler circulating pumps in manufacturing process from the manufacturers' point of view. The possibility of optimizing the pump casing with respect to structural pressure integrity and hydraulic performance was discussed. CFD analyses of pump models with different pump casing sizes were firstly carried out for the hydraulic performance evaluation. The effects of the working temperature and the sealing ring on the hydraulic efficiency were...

A technical, economic, and environmental performance of grid-connected hybrid (photovoltaic-wind) power system in Algeria.

Science.gov (United States)

Saheb-Koussa, Djohra; Koussa, Mustapha; Said, Nourredine

2013-01-01

This paper studies the technical, economic, and environmental analysis of wind and photovoltaic power systems connected to a conventional grid. The main interest in such systems is on-site consumption of the produced energy, system hybridization, pooling of resources, and contribution to the environment protection. To ensure a better management of system energy, models have been used for determining the power that the constituting subsystems can deliver under specific weather conditions. Simulation is performed using MATLAB-SIMULINK. While, the economic and environmental study is performed using HOMER software. From an economic point of view, this allows to compare the financial constraints on each part of the system for the case of Adrar site which is located to the northern part of the south of Algeria. It also permits to optimally size and select the system presenting the best features on the basis of two parameters, that is, cost and effectiveness. From an environmental point of view, this study allows highlighting the role of renewable energy in reducing gas emissions related to greenhouse effects. In addition, through a set of sensitivity analysis, it is found that the wind speed has more effects on the environmental and economic performances of grid-connected hybrid (photovoltaic-wind) power systems.

A Technical, Economic, and Environmental Performance of Grid-Connected Hybrid (Photovoltaic-Wind Power System in Algeria

Directory of Open Access Journals (Sweden)

Djohra Saheb-Koussa

2013-01-01

Full Text Available This paper studies the technical, economic, and environmental analysis of wind and photovoltaic power systems connected to a conventional grid. The main interest in such systems is on-site consumption of the produced energy, system hybridization, pooling of resources, and contribution to the environment protection. To ensure a better management of system energy, models have been used for determining the power that the constituting subsystems can deliver under specific weather conditions. Simulation is performed using MATLAB-SIMULINK. While, the economic and environmental study is performed using HOMER software. From an economic point of view, this allows to compare the financial constraints on each part of the system for the case of Adrar site which is located to the northern part of the south of Algeria. It also permits to optimally size and select the system presenting the best features on the basis of two parameters, that is, cost and effectiveness. From an environmental point of view, this study allows highlighting the role of renewable energy in reducing gas emissions related to greenhouse effects. In addition, through a set of sensitivity analysis, it is found that the wind speed has more effects on the environmental and economic performances of grid-connected hybrid (photovoltaic-wind power systems.

Performance Assessment Modeling and Sensitivity Analyses of Generic Disposal System Concepts.

Energy Technology Data Exchange (ETDEWEB)

Sevougian, S. David; Freeze, Geoffrey A.; Gardner, William Payton; Hammond, Glenn Edward; Mariner, Paul

2014-09-01

directly, rather than through simplified abstractions. It also a llows for complex representations of the source term, e.g., the explicit representation of many individual waste packages (i.e., meter - scale detail of an entire waste emplacement drift). This report fulfills the Generic Disposal System Analysis Work Packa ge Level 3 Milestone - Performance Assessment Modeling and Sensitivity Analyses of Generic Disposal System Concepts (M 3 FT - 1 4 SN08080 3 2 ).

The economics of dentistry: a neglected concern.

Science.gov (United States)

Shariati, Batoul; MacEntee, Michael I; Yazdizadeh, Maryam

2013-10-01

Demand for economic evaluations in health care is growing with expectations that they will help to develop regional and national policies on health and social programmes. We present here the scope, quality and content of systematic reviews and meta-analyses relating to the economics of dentistry published over the last 15 years. To review the quality and outcome of systematic reviews and meta-analyses relating to the economics of dental treatments, preventions and services. A systematic search was conducted in 14 electronic databases for systematic reviews and meta-analyses published between January 1997 and July 2011 on the economics of oral disorders and oral health care. Review papers were extracted by two independent investigators to identify the characteristics, results and quality of the reviews and to highlight gaps in knowledge about the economics of dentistry. From 3150 unique references, we found 73 systematic reviews or meta-analyses of dental economics as primary or secondary outcomes. The focus of 12 of them was on the cost or cost-effectiveness of dental prevention, 54 on treatment, five on prevention and treatment and two on delivery of dental services. However, only 12 of the systematic reviews drew conclusions from economic data, and four of them constructed an economic model from synthesized data. Overall, the quality was good in the 12 systematic reviews but poor in the original studies. There is very little helpful data published on the economics of dentistry. © 2013 John Wiley & Sons A/S. Published by John Wiley & Sons Ltd.

Economic Return of Clinical Trials Performed Under the Pediatric Exclusivity Program

Science.gov (United States)

Li, Jennifer S.; Eisenstein, Eric L.; Grabowski, Henry G.; Reid, Elizabeth D.; Mangum, Barry; Schulman, Kevin A.; Goldsmith, John V.; Murphy, M. Dianne; Califf, Robert M.; Benjamin, Daniel K.

2009-01-01

Context In 1997, Congress authorized the Food and Drug Administration (FDA) to grant 6 month extensions of marketing rights through the Pediatric Exclusivity program if industry sponsors complete FDA-requested pediatric trials. The program has been praised for creating incentives for studies in children; it has been criticized as a “windfall” to the innovator drug industry. This critique has been a substantial part of Congressional debate on the program, which is due to sunset in 2007. Objective To quantify the economic return to industry for completing Pediatric Exclusivity. Design Cohort study of programs conducted for Pediatric Exclusivity. We selected 9 drugs that were granted Pediatric Exclusivity. From the final study reports submitted to FDA, we obtained key elements of the clinical trial design and study operations. We estimated the cost of performing each study and converted these into estimates of after-tax cash outflows. We obtained 3-year market sales and converted these into estimates of after-tax cash inflows based upon 6 months of additional market protection. We then calculated the net economic return (cash inflows less outflows) and ratio net return to costs (net economic return divided by cash outflows) for each product. Main Outcome Measures Net economic return and ratio of net return to cost. Results The indications studied reflected a broad representation of the program: asthma, tumors, attention deficit disorder, hypertension, depression/generalized anxiety disorder, diabetes, gastroesophageal reflux, bacterial infection, and bone mineralization. The distribution of net economic return for 6 months of exclusivity varied substantially among products [net return ranged from (−)$8.9 million to (+)$507.9 million; ratio of return to cost ranged from −0.68 to 73.6] Conclusions The economic return for pediatric exclusivity is highly variable. Pediatric Exclusivity, as an incentive to complete much-needed clinical trials in children, can

Sustainability of processed foods supply chain: Social, economic and territorial performance

Directory of Open Access Journals (Sweden)

Beber Caetano

2016-01-01

Full Text Available In a global market, food companies engaged in sustainable development must now integrate the economic and social component. However the tools to assess it are lacking. Several theoretical frameworks have been developed to define social sustainability and its implementation. The attributional approaches, pathways or capabilities methods have emerged, based on a functional unit of a good or service along the supply chain. This paper proposes a new method to assess social economic and territorial performances of a food chain as a whole on a Territory. It is divided into four components: (i dignity and well-being of workers, (ii contribution to local life, (iii fairness and integrity of business practices, and (iv creation of material and intangible wealth. 50 criteria are used according to international, national or sectoral references. This generic method applicable to any sector of processed food products aims to identify where are the areas of improvement to qualify the sector as socially sustainable. An application to the wine Beaujolais and Burgundy wine was performed from surveys of 35 production and trade operators in 2014. The results show that the sector is particularly effective for the promotion of the territory, local life participation, loyalty and integrity of business practices; some improvement is still possible for the welfare of workers and the creation of material wealth. This method can be coupled with the environmental performance determined by the life cycle analysis in order to assess the sustainability in its entirety.

Migrant entrepreneurship, economic activity and export performance

DEFF Research Database (Denmark)

Baklanov, Nikita; Rezaei, Shahamak; Vang, Jan

2014-01-01

Recent studies on transnational entrepreneurship suggest that migrant entrepreneur plays an increasingly significant role as sources of economic activities and especially export revenue. The literature is, however, biased on the US experience, lacks a comparative perspective between migrants...... and non-migrants and is primarily anecdotal in nature. This paper aims to reduce this gap by mapping the recent changes in the role of migrant entrepreneurs as a source of increased economic activity and export revenue in the Danish context and thereby linking the challenges stemming from...... the transnational entrepreneurship literature to the immigration and internationalisation of entrepreneurship literature. Entrepreneurial economic activity in this paper is proxied by the changing share of self-owned firms across ethic categories. Export revenue is proxied by the number of firms in the different...

Evaluating the Performance of South African Economics Departments

OpenAIRE

John Luiz

2009-01-01

Over the past decade economics departments in South Africa have seen major changes and a certain level of disruption. Much of this can be attributed to the integration of our discipline into the global arena after a period of academic isolation. This paper presents a survey of economics departments and covers everything from staff profiles and qualifications, to curricula, and research output. This paper indicates that there has been some improvement in the state of economics at South African...

Viewls - WP2. Environmental and economic performance of biofuels. Vol. 2 - Appendices

Energy Technology Data Exchange (ETDEWEB)

NONE

2005-04-15

According to the European Directive 2003/30 'Promotion of the use of biofuels or other renewable fuels for transport' the use of biofuels in the transportation sector should be strongly increased in the next decades in Europe. The purpose of this study was to obtain and present clear data and information to outline environmental and economic performance of different biofuels. Based on a standardised review of the most relevant international studies on transportation systems using biomass, the study presented estimation of ranges for the environmental and economic performance of different biofuels given by the two 'threshold values' and the 'reference value' between these threshold values. These results might be used by different stakeholders as an information source for future activities regarding the use of biofuels in the transportation sector in Europe. This report presents data about the following biofuels: bioethanol, bio-ETBE, biomethanol, bio-MTBE, pure vegetable oil, biodiesel, Fischer-Tropsch diesel, bio-DME, biogas, gaseous biohydrogen, liquid biohydrogen and bio-SNG. (BA)

Software for automated evaluation of technical and economic performance factors of nuclear power plant units

International Nuclear Information System (INIS)

Cvan, M.; Zadrazil, J.; Barnak, M.

1989-01-01

Computer codes TEP V2, TEP EDU and TEP V1 are used especially in real-time evaluation of technical and economic performance factors of the power unit. Their basic functions include filtration of credibility of input data obtained by measurement, simultaneous calculation of flows of various types of energy, calculation of technical and economic factors, listings and filing of the results. Code ZMEK is designed for executing changes in the calculation constants file for codes TEP V2 and TEP EDU. Code TEP DEN is used in processing the complete daily report on the technical and economic performance factors of the unit. Briefly described are the basic algorithms of credibility filtration for the measured quantities, the methodology of fundamental balances and the method of guaranteeing the continuity of measurement. Experiences are given with the use of the codes, and the trends are outlined of their future development. (J.B.). 5 refs

Comparative evaluation of power plants with CO2 capture. Thermodynamic, economic and environmental performance

International Nuclear Information System (INIS)

Petrakopoulou, Fontina

2011-01-01

CCS (Carbon Capture and Sequestration) in the energy sector is seen as a bridge technology for CO 2 mitigation, due to the ever-growing environmental impact of anthropogenic-emitted greenhouse gases. In this work, eight power plant concepts using CO 2 capture technologies are assessed based on their efficiency, economic feasibility and environmental footprint. Exergy-based analyses are used for evaluating the considered power plants through comparison with a reference plant without CO 2 capture. While conventional exergy-based analyses provide important information that can lead to improvements in plant performance, additional insight about individual components and the interactions among equipment can aid further assessment. This led to the development of advanced exergy-based analyses, in which the exergy destruction, as well as the associated costs and environmental impacts are split into avoidable/unavoidable and endogenous/exogenous parts. Based on the avoidable parts, the potential for improvement is revealed, while based on the endogenous/exogenous parts, the component interactions are obtained. Among the examined plants with CO 2 capture, the most efficient are those working with oxy-fuel technology. An exergoeconomic analysis shows a minimum increase in the relative investment cost (in Euro/kW) of 80% for the conventional approach (chemical absorption) and an increase of 86% for the oxy-fuel plant with chemical looping combustion. The latter shows a somewhat decreased environmental impact when compared to that of the reference plant. On the contrary, the plant with chemical absorption results in a higher environmental penalty due to its high efficiency penalty. Therefore, accepting that all assumptions and data related to the calculations of the environmental impacts are reliable, efficiency improvement seems to be a more significant factor in potentially decreasing a plant's environmental impact. With advanced exergy-based analyses, interdependencies

Labour productivity and economic growth in the EU in post-crisis period

OpenAIRE

Auzina-Emsina, Astra

2014-01-01

Labour productivity and economic growth are the major factors to sustain and improve the performance and competitiveness of countries. The paper is devoted to the analysis of recent trends of labour productivity and economic growth in the European Union (EU) countries in post-crisis period in comparison with the trends in pre-crisis and crisis periods. The paper analyses the impact of changes in labour productivity and the effect on the macroeconomic indicators. The research focuses on the Eu...

EXCHANGE RATE DIFFERENCES-THE ACCOUNTING TREATMENT AND ITS INFLUENCE ON THE FINANCIAL PERFORMANCE OF AN ECONOMIC ENTITY

Directory of Open Access Journals (Sweden)

Nicoleta Cristina MATEI

2016-06-01

Full Text Available Currency rate differences arise when there are certain debt rights or obligations in foreign currency of an economic entity which are collected, i.e. paid for at a different course from the one displayed by the Romanian National Bank on the date of their establishment. Such differences, according to the situation, generate expenditure or revenue which affects a company's financial result and, consequently, the accountant result as well. The results registered by an economic entity presented in the Profit and Loss Account provide information about its financial performance. This performance can be influenced by the favorable or unfavorable exchange rate differences existing when an economic entity carries out transactions or has incurred foreign currency loans having a significant share in the total amount of transactions or in capitals. The present paper shows the accounting treatment of the exchange rate differences and its impact on the financial performance.

Socio-economic analysis of CCS/EOR in Denmark; Samfundsoekonomisk analyse af CCS/EOR i Danmark

Energy Technology Data Exchange (ETDEWEB)

NONE

2012-12-15

The Danish Energy Agency has initiated an analysis of the socio-economic sustainability of a CCS / EOR system based on CO{sub 2} capture from Danish sources and injected into selected Danish North Sea oil fields. The analysis shall assess the socioeconomic consequences of such a project as well as highlight the budgetary economic effects for the parties involved. Taking into account a realistic time frame for conversion of the cogeneration power plants and for the extent of the possible capture of CO{sub 2} in each of these plants, it has been chosen only to presuppose the establishment of CCS in three plants, namely Studstrupvaerket, Fynsvaerket and Nordjyllandsvaerket. Only the oil fields Dan, Halfdan and Gorm were selected for the analysis. The analysis shows that in the selected oil fields it is possible to increase the oil production by approx. 151 million. barrels of oil to the year 2049, which corresponds to approx. 40% of the estimated potential in these fields. The increased oil production requires that approx. 95 million. tonnes of CO{sub 2} is captured in the three power plants, which are subsequently transported and injected in the oil fields in the North Sea. The transport of CO{sub 2} from the CHP plants to the North Sea are assumed to be done by ship, since this solution is economically favorable and also offers logistical advantages and increased flexibility. The analysis shows that both the budget economic and the socio-economic analysis as a whole provide a positive economic net present value over a 30-year period. The socio-economic benefit is expected to be about. 3.5 billion DKK higher. This difference is due to especially the following conditions: a) CO{sub 2} emissions of CO{sub 2} transport are only included in the socio-economic analysis, since shipping is outside the quota system. In the socio-economic analysis, the estimated value of damage impact on the environment is included; b) The value of the oil produced after 2049 is included in

Labour Manoeuvrability and Economic Performance in Township-Village Enterprises: The Case of China

NARCIS (Netherlands)

Modderman, Eelco; Gorter, Cees; Dalhuisen, Jasper; Nijkamp, Peter

2001-01-01

The purpose of this paper is to explain the relationship between economic performance and labourmanoeuvrability of township-village enterprises in the Jiangsu province, China. We start with a general overview of the development in the Chinese economy and the functioning of labour markets. Next, we

Economic and environmental performance of future fusion plants in comparison

International Nuclear Information System (INIS)

Hamacher, T.; Saez, R.M.; Lako, P.

2001-01-01

If the good performance of fusion as technology with no CO 2 emission during normal operation and rather low external costs, reflecting the advantageous environmental and safety characteristics, are considered in future energy regulations, fusion can win considerable market shares in future electricity markets. The economic performance was elaborated for Western Europe for the time period till 2100. The software tool MARKAL widely used in energy research was used to simulate and optimise the development of the Western European energy system. Two different scenarios were considered, the main difference was the interest rate for investments. Stringent CO 2 -emission strategies lead to considerable market shares for fusion. As a comprehensive indicator of the environmental and safety performance of fusion plants the external costs following the ExternE method was used. External costs of fusion are rather low, much below the cost of electricity, and are in the same range as photovoltaics and wind energy. (author)

Luck, Policy or Something Else Entirely? Vietnam’s Economic Performance in 2009 and Prospects for 2010

Directory of Open Access Journals (Sweden)

Adam J. Fforde

Full Text Available Vietnam’s economic performance in 2009 is seen by the Vietnamese government and representatives of the Western donor communities as good, with the effects of the global financial crisis relatively mild. The paper notes a lack of contestation of these mainstream views and locates them within an assessment of major trends in 2009, and medium-term issues. Particular focus is placed upon the policy implications of rural development and the need for a strong rationalisation of the state sector. Remarks upon the political economy of change then permit comments upon interactions between economic performance and gathering social and political concern with the political challenges of transition to so-called ‘middle income’ status, which in many countries has posed novel and tricky problems of adjustment, often requiring major social and political adjustments that have not always been successful. The paper concludes by suggesting that, as in the past, Vietnam’s style of change finds some things easy and others hard, and that this has its reflection in economic policy and performance.

Quantitative Model for Economic Analyses of Information Security Investment in an Enterprise Information System

Directory of Open Access Journals (Sweden)

Bojanc Rok

2012-11-01

Full Text Available The paper presents a mathematical model for the optimal security-technology investment evaluation and decision-making processes based on the quantitative analysis of security risks and digital asset assessments in an enterprise. The model makes use of the quantitative analysis of different security measures that counteract individual risks by identifying the information system processes in an enterprise and the potential threats. The model comprises the target security levels for all identified business processes and the probability of a security accident together with the possible loss the enterprise may suffer. The selection of security technology is based on the efficiency of selected security measures. Economic metrics are applied for the efficiency assessment and comparative analysis of different protection technologies. Unlike the existing models for evaluation of the security investment, the proposed model allows direct comparison and quantitative assessment of different security measures. The model allows deep analyses and computations providing quantitative assessments of different options for investments, which translate into recommendations facilitating the selection of the best solution and the decision-making thereof. The model was tested using empirical examples with data from real business environment.

Rankings of International Achievement Test Performance and Economic Strength: Correlation or Conjecture?

Directory of Open Access Journals (Sweden)

CHRISTOPHER H. TIENKEN

2008-04-01

Full Text Available Examining a popular political notion, this article presents results from a series of Spearman Rho calculations conducted to investigate relationships between countries’ rankings on international tests of mathematics and science and future economic competitiveness as measured by the 2006 World Economic Forum’s Growth Competitiveness Index (GCI. The study investigated the existence of relationships between international test rankings from three different time periods during the last 50 years of U.S. education policy development (i.e., 1957–1982, 1983–2000, and 2001–2006 and 2006 GCI ranks. It extends previous research on the topic by investigating how GCI rankings in the top 50 percent and bottom 50 percent relate to rankings on international tests for the countries that participated in each test. The study found that the relationship between ranks on international tests of mathematics and science and future economic strength is stronger among nations with lower-performing economies. Nations with strong economies, such as the United States, demonstrate a weaker, nonsignificant relationship.

Challenges when performing economic optimization of waste treatment: A review

DEFF Research Database (Denmark)

Juul, Nina; Münster, Marie; Ravn, H.

2013-01-01

-criteria analysis have been developed.A thorough updated review of the existing models is presented, and the main challenges and crucial parameters that need to be taken into account when assessing the economic performance of waste treatment alternatives are identified. The review article will assist both policy...... example, but models focusing on energy production have also been developed, as well as models which take into account a plant’s economies of scale, environmental impact, material recovery and social costs. Finally, models combining different criteria for the selection of waste treatment methods in multi...

Outplanting Wyoming big sagebrush following wldfire: stock performance and economics

Science.gov (United States)

Dettweiler-Robinson, Eva; Bakker, Jonathan D.; Evans, James R.; Newsome, Heidi; Davies, G. Matt; Wirth, Troy A.; Pyke, David A.; Easterly, Richard T.; Salstrom, Debra; Dunwiddle, Peter W.

2013-01-01

Finding ecologically and economically effective ways to establish matrix species is often critical for restoration success. Wyoming big sagebrush (Artemisia tridentata subsp. wyomingensis) historically dominated large areas of western North America, but has been extirpated from many areas by large wildfires; its re-establishment in these areas often requires active management. We evaluated the performance (survival, health) and economic costs of container and bare-root stock based on operational plantings of more than 1.5 million seedlings across 2 200 ha, and compared our plantings with 30 other plantings in which sagebrush survival was tracked for up to 5 yr. Plantings occurred between 2001 and 2007, and included 12 combinations of stock type, planting amendment, and planting year.We monitored 10 500 plants for up to 8 yr after planting. Survival to Year 3 averaged 21% and was higher for container stock (30%) than bare-root stock (17%). Survival did not differ among container stock plantings, whereas survival of bare-root stock was sometimes enhanced by a hydrogel dip before planting, but not by

Results of the RAMI analyses performed for the IFMIF accelerator facility in the engineering design phase

Energy Technology Data Exchange (ETDEWEB)

Bargalló, Enric, E-mail: enric.bargallo@esss.se [Fusion Energy Engineering Laboratory (FEEL), Technical University of Catalonia (UPC) Barcelona-Tech, Barcelona (Spain); Arroyo, Jose Manuel [Laboratorio Nacional de Fusión por Confinamiento Magnético – CIEMAT, Madrid (Spain); Abal, Javier; Dies, Javier; De Blas, Alfredo; Tapia, Carlos [Fusion Energy Engineering Laboratory (FEEL), Technical University of Catalonia (UPC) Barcelona-Tech, Barcelona (Spain); Moya, Joaquin; Ibarra, Angel [Laboratorio Nacional de Fusión por Confinamiento Magnético – CIEMAT, Madrid (Spain)

2015-10-15

Highlights: • RAMI methodology used for IFMIF accelerator facility is presented. • Availability analyses and results are shown. • Main accelerator design changes are proposed. • Consequences and conclusions of the RAMI analyses are described. - Abstract: This paper presents a summary of the RAMI (Reliability Availability Maintainability Inspectability) analyses done for the IFMIF (International Fusion Materials Irradiation Facility) Accelerator facility in the Engineering Design Phase. The methodology followed, the analyses performed, the results obtained and the conclusions drawn are described. Moreover, the consequences of the incorporation of the RAMI studies in the IFMIF design are presented and the main outcomes of these analyses are shown.

Results of the RAMI analyses performed for the IFMIF accelerator facility in the engineering design phase

International Nuclear Information System (INIS)

Bargalló, Enric; Arroyo, Jose Manuel; Abal, Javier; Dies, Javier; De Blas, Alfredo; Tapia, Carlos; Moya, Joaquin; Ibarra, Angel

2015-01-01

Highlights: • RAMI methodology used for IFMIF accelerator facility is presented. • Availability analyses and results are shown. • Main accelerator design changes are proposed. • Consequences and conclusions of the RAMI analyses are described. - Abstract: This paper presents a summary of the RAMI (Reliability Availability Maintainability Inspectability) analyses done for the IFMIF (International Fusion Materials Irradiation Facility) Accelerator facility in the Engineering Design Phase. The methodology followed, the analyses performed, the results obtained and the conclusions drawn are described. Moreover, the consequences of the incorporation of the RAMI studies in the IFMIF design are presented and the main outcomes of these analyses are shown.

Reasonable potential for GHG savings by anaerobic biomethane in Germany and UK derived from economic and ecological analyses

International Nuclear Information System (INIS)

Horschig, Thomas; Adams, Paul W.R.; Röder, Mirjam; Thornley, Patricia; Thrän, Daniela

2016-01-01

Highlights: • Biomethane market potential estimation through biogas market analyses. • Country comparison of Germany and the UK in terms of bioenergy. • Assessment of possible greenhouse gas emission savings by biomethane. • Role of biomethane to achieve greenhouse gas reduction goals in Germany and the UK was investigated. - Abstract: This study introduces a new approach to estimate biomethane market potential by analysing biogas markets and their relative environmental and economic advantages. This potential is then combined with greenhouse gas emission values for different feedstock shares (farm-fed and waste-fed systems) and different application share to determine the possible contribution of biomethane to national greenhouse gas emission saving goals. Markets that are considered are Germany and the UK being the biggest emitters of CO_2_e_q in the European Union. The current use was compared with the scenarios (i) market projection, derived from literature study and (ii) reasonable potential, derived from environmental and economic calculations. The current market status is presented to show the past market development until the present date and associated greenhouse gas savings. Additionally the potential of biomethane to contribute to greenhouse gas emission savings is extensively described. Results indicate that the share of application in Germany is more environmental beneficial than the one in the UK achieving higher greenhouse gas savings at comparable feed-in level. In contrast, the UK has a higher share of waste-fed systems to produce biomethane. The use of biomethane in CHP plants achieves the highest GHG emission savings and if organic waste is used as feedstock the possible savings are even higher. With an increase of biomethane used in CHP plants and a decrease of biomethane used for direct heating the savings in the UK could increase up to 52%. Current savings of 2446 kt CO_2_e_q (Germany) and 606 kt CO_2_e_q (UK) can be extended to 4483

Foundations of economic change

DEFF Research Database (Denmark)

Cantner, Uwe

2016-01-01

This paper employs the Schumpeterian approach to the development of economies in order to identify the core building blocks of a theory of endogenous economic change. Borders and insights are widened by combining concepts and findings from behavioral economics, from evolutionary economics, and from...... complexity economics. Actor heterogeneity, on the one hand, and mechanisms of actors’ interaction, on the other, are suggested to be fundamental elements of that theory. Theoretical analyses and empirical accounts are presented, achievements are discussed, and further avenues of research are suggested....

The relative importance of managerial competencies for predicting the perceived job performance of Broad-Based Black Economic Empowerment verification practitioners

Directory of Open Access Journals (Sweden)

Barbara M. Seate

2016-04-01

Full Text Available Orientation: There is a need for the growing Broad-Based Black Economic Empowerment (B-BBEE verification industry to assess competencies and determine skills gaps for the management of the verification practitioners’ perceived job performance. Knowing which managerial competencies are important for different managerial functions is vital for developing and improving training and development programmes. Research purpose: The purpose of this study was to determine the managerial capabilities that are required of the B-BBEE verification practitioners, in order to improve their perceived job performance. Motivation for the study: The growing number of the B-BBEE verification practitioners calls for more focused training and development. Generating such a training and development programme demands empirical research into the relative importance of managerial competencies. Research approach, design and method: A quantitative design using the survey approach was adopted. A questionnaire was administered to a stratified sample of 87 B-BBEE verification practitioners. Data were analysed using the Statistical Package for Social Sciences (version 22.0 and Smart Partial Least Squares software. Main findings: The results of the correlation analysis revealed that there were strong and positive associations between technical skills, interpersonal skills, compliance to standards and ethics, managerial skills and perceived job performance. Results of the regression analysis showed that managerial skills, compliance to standards and ethics and interpersonal skills were statistically significant in predicting perceived job performance. However, technical skills were insignificant in predicting perceived job performance. Practical/managerial implications: The study has shown that the B-BBEE verification industry, insofar as the technical skills of the practitioners are concerned, does have suitably qualified staff with the requisite educational qualifications. At

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.

System performance and economic analysis of solar-assisted cooling/heating system

KAUST Repository

Huang, B.J.

2011-11-01

The long-term system simulation and economic analysis of solar-assisted cooling/heating system (SACH-2) was carried out in order to find an economical design. The solar heat driven ejector cooling system (ECS) is used to provide part of the cooling load to reduce the energy consumption of the air conditioner installed as the base-load cooler. A standard SACH-2 system for cooling load 3.5. kW (1. RT) and daily cooling time 10 h is used for case study. The cooling performance is assumed only in summer seasons from May to October. In winter season from November to April, only heat is supplied. Two installation locations (Taipei and Tainan) were examined.It was found from the cooling performance simulation that in order to save 50% energy of the air conditioner, the required solar collector area is 40m2 in Taipei and 31m2 in Tainan, for COPj=0.2. If the solar collector area is designed as 20m2, the solar ejector cooling system will supply about 17-26% cooling load in Taipei in summer season and about 21-27% cooling load in Tainan. Simulation for long-term performance including cooling in summer (May-October) and hot water supply in winter (November-April) was carried out to determine the monthly-average energy savings. The corresponding daily hot water supply (with 40°C temperature rise of water) for 20m2 solar collector area is 616-858L/day in Tainan and 304-533L/day in Taipei.The economic analysis shows that the payback time of SACH-2 decreases with increasing cooling capacity. The payback time is 4.8. years in Tainan and 6.2. years in Taipei when the cooling capacity >10. RT. If the ECS is treated as an additional device used as a protective equipment to avoid overheating of solar collectors and to convert the excess solar heat in summer into cooling to reduce the energy consumption of air conditioner, the payback time is less than 3 years for cooling capacity larger than 3. RT. © 2011 Elsevier Ltd.

Essays in antitrust economics

NARCIS (Netherlands)

Verouden, V.C.H.M.

2001-01-01

Competition law - or antitrust law, as it is called in the United States - is a field of law to which economic concepts, such as "restriction of competition" and "anti-competitive effect", are of central importance. This thesis analyses a number of such concepts, both from an economic and a legal

Does national scale economic and environmental indicators spur logistics performance? Evidence from UK.

Science.gov (United States)

Khan, Syed Abdul Rehman; Qianli, Dong

2017-12-01

The aim of this study is to examine the association between national economic and environmental indicators with green logistics performance in a time series data of UK since 1981 to 2016. The research used autoregressive distributed lag method to understand the long-run and short-run relationships of national scale economic (foreign direct investment (FDI) inflows, per capita income) and environmental indicators (total greenhouse gases, fossil fuel, and renewable energy) on green logistics. In the short run, the research findings indicate that the green logistics and renewable energy have positive relationship, while fossil fuel is negatively correlated with green logistics operations. On the other hand, in the long run, the results show that FDI inflows, renewable energy sources, and per capita income have statistically significant and positive association with green logistics activities, while foreign investments attracted by environmental friendly policies and practices adopted in global logistics operations, which not only increase the environmental sustainability but also enhance economic activities with greater export opportunities in the region.

IRE (Institut National des Radioelements) site in Belgium. Report of in situ measurements and analyses performed for the RTBF

International Nuclear Information System (INIS)

2010-05-01

This document reports various analyses performed within the frame of the preparation and filming of a TV documentary on the Belgium National Institute of Radio-elements. It reports gamma radiation measurements performed at the vicinity of the institute, discusses the possible origin of its increase at the vicinity of the institute, analyses of sludge samples coming from a wastewater treatment works, and analyses of milk, cabbage, mosses and sediments collected by residents

High-performance workplace practices in nursing homes: an economic perspective.

Science.gov (United States)

Bishop, Christine E

2014-02-01

To develop implications for research, practice and policy, selected economics and human resources management research literature was reviewed to compare and contrast nursing home culture change work practices with high-performance human resource management systems in other industries. The organization of nursing home work under culture change has much in common with high-performance work systems, which are characterized by increased autonomy for front-line workers, self-managed teams, flattened supervisory hierarchy, and the aspiration that workers use specific knowledge gained on the job to enhance quality and customization. However, successful high-performance work systems also entail intensive recruitment, screening, and on-going training of workers, and compensation that supports selective hiring and worker commitment; these features are not usual in the nursing home sector. Thus despite many parallels with high-performance work systems, culture change work systems are missing essential elements: those that require higher compensation. If purchasers, including public payers, were willing to pay for customized, resident-centered care, productivity gains could be shared with workers, and the nursing home sector could move from a low-road to a high-road employment system.

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

The Dynamics of the Economic-Financial Performance of the Corporate System of National Economy

Directory of Open Access Journals (Sweden)

Riabokin Taras V.

2017-02-01

Full Text Available The article is aimed at analyzing the dynamics of the economic-financial performance of the national corporate system, identifying trends in its development. An allocation of the corporate system as a structured object and its research will contribute to understanding of the dynamic properties of the corporate system itself, its actors, and the economy as a whole. An analysis of the dynamics of the economic-financial performance of the corporate system of national economy has been carried out. The national accounts of Ukraine for 2008-2015, in particular, in the sectors of both non-financial and financial corporations as the major subsystems of the corporate system, have been analyzed. Trends as to releasing goods and services, intermediate consumption, gross value added, and net value added, incomes, savings, net lending (+, and net borrowing (-, have been highlighted. Future researches should address a deeper analysis of the performance indicators of individual corporations, the corporate structures, constituting a part of the core corporate system, including the financial core, as well as efficiency of the State administration of national economy

Does Sustainability Affect Corporate Performance and Economic Development? Evidence from the Asia-Pacific region and North America

Directory of Open Access Journals (Sweden)

Kyungbok Kim

2018-03-01

Full Text Available This paper explores how sustainability influences financial returns and economic development in the Asia-Pacific region and North America, utilizing real data empirically. It is controversial that sustainable activities are related to financial performance. For clarification, we tested hypotheses analyzing sustainability index, seven stock markets, financial data such as ROI, ROIC, and ROA from eleven companies, and GDP/GNI per capita, based on the Asia-Pacific region and North America. The results indicate that both financial return for companies and economic development in the two regions are positively germane to sustainable investment. Besides, we found evidence that sustainable investment impacts economic development based on variance decomposition analysis, depending on GDP per capita between the two regions. This implication will be interesting for both practitioners and researchers regarding the measurement of sustainable performance.

The ecological economics: An ecological economics

International Nuclear Information System (INIS)

Castiblanco R, Carmenza

2007-01-01

Ecological Economics arise as a scientific discipline aimed to integrate concepts of economics, ecology, thermodynamics, ethic and other natural and social sciences in order to incorporate a biophysical and integrated perspective of the inter dependences between economies and environment, from a plural conception and a methodology beyond disciplines. Ecological Economics studies the black box of economic processes usually excluded of the traditional economics: thermodynamics and ecology. Although it is relatively a new field of study, it has been strengthening its theoretical framework with scientific basis and analytic principles that lead to its identification as a new discipline that show a whole new paradigm. The scope of this article is to show the conceptual and methodological bases, the main founders, approaches and central debates of this new discipline. This brief introduction is a preamble to the papers of the meeting Ecological Economics: a perspective for Colombia included in this number, that took place on September 22 - 27 of 2007, at the National University of Colombia at Bogota. During tree days national and international experts, professors, researchers, workers of environmental sector and people interested on environmental issues joined together to know the conceptual and methodological achievements reached of this discipline; as well as to analyse and evaluate the environmental problems of the country, from the systemic, interdisciplinary and general perspective that it promotes

Sustainability Efficiency Factor: Measuring Sustainability in Advanced Energy Systems through Exergy, Exergoeconomic, Life Cycle, and Economic Analyses

Science.gov (United States)

Boldon, Lauren

(NHES) reference case studies to (1) introduce sustainability metrics, such as life cycle assessment, (2) demonstrate the methods behind exergy and exergoeconomic analyses, (3) provide an economic analysis of the potential for SMR development from first-of-a-kind (FOAK) to nth-of-a-kind (NOAK), thereby illustrating possible cost reductions and deployment flexibility for SMRs over large conventional nuclear reactors, (4) assess the competitive potential for incorporation of storage and hydrogen production in NHES and in regulated and deregulated electricity markets, (5) compare an SMR-hydrogen production plant to a natural gas steam methane reforming plant using the SEF, and (6) identify and review the social considerations which would support future nuclear development domestically and abroad, such as public and political/regulatory needs and challenges. The Global Warming Potential (GWP) for the SMR (300 MWth)-wind (60 MWe)-high temperature steam electrolysis (200 tons Hydrogen per day) system was calculated as approximately 874 g CO2-equivalent as part of the life cycle assessment. This is 92.6% less than the GWP estimated for steam methane reforming production of hydrogen by Spath and Mann. The unit exergetic and exergoeconomic costs were determined for each flow within the NHES system as part of the exergy/exergoeconomic cost analyses. The unit exergetic cost is lower for components yielding more meaningful work like the one exiting the SMR with a unit exergetic cost of 1.075 MW/MW. In comparison, the flow exiting the turbine has a very high unit exergetic cost of 15.31, as most of the useful work was already removed through the turning of the generator/compressor shaft. In a similar manner, the high unit exergoeconomic cost of 12.45/MW*sec is observed for the return flow to the reactors, because there is very little exergy present. The first and second law efficiencies and the exergoeconomic factors were also determined over several cases. For the first or base SMR

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).

Sociopolitical and economic elements to explain the environmental performance of countries.

Science.gov (United States)

Almeida, Thiago Alexandre das Neves; García-Sánchez, Isabel-María

2017-01-01

The present research explains environmental performance using an ecological composite index as the dependent variable and focusing on two national dimensions: sociopolitical characteristics and economics. Environmental performance is measured using the Composite Index of Environmental Performance (CIEP) indicator proposed by García-Sánchez et al. (2015). The first model performs a factor analysis to aggregate the variables according to each analyzed dimension. In the second model, the estimation is run using only single variables. Both models are estimated using generalized least square estimation (GLS) using panel data from 152 countries and 6 years. The results show that sociopolitical factors and international trade have a positive effect on environmental performance. When the variables are separately analyzed, democracy and social policy have a positive effect on environmental performance while transport, infrastructure, consumption of goods, and tourism have a negative effect. Further observation is that the trade-off between importing and exporting countries overshadows the pollution caused by production. It was also observed that infrastructure has a negative coefficient for developing countries and positive for developed countries. The best performances are in the democratic and richer countries that are located in Europe, while the worst environmental performance is by the nondemocratic and the poorest countries, which are on the African continent.

Effects of Concept Mapping Strategy on Learning Performance in Business and Economics Statistics

Science.gov (United States)

Chiou, Chei-Chang

2009-01-01

A concept map (CM) is a hierarchically arranged, graphic representation of the relationships among concepts. Concept mapping (CMING) is the process of constructing a CM. This paper examines whether a CMING strategy can be useful in helping students to improve their learning performance in a business and economics statistics course. A single…

Techno-Economic, Sustainability, and Market Analysis | Bioenergy | NREL

Science.gov (United States)

Techno-Economic, Sustainability, and Market Analysis Techno-Economic, Sustainability, and Market Analysis NREL conducts techno-economic analyses (TEAs) for algal biofuels, thermochemical conversion, and agitating the liquid as it flows around. Algal Biofuels Techno-Economic Analysis NREL's Algae Techno

The impact of cancer drug wastage on economic evaluations.

Science.gov (United States)

Truong, Judy; Cheung, Matthew C; Mai, Helen; Letargo, Jessa; Chambers, Alexandra; Sabharwal, Mona; Trudeau, Maureen E; Chan, Kelvin K W

2017-09-15

The objective of this study was to determine the impact of modeling cancer drug wastage in economic evaluations because wastage can result from single-dose vials on account of body surface area- or weight-based dosing. Intravenous chemotherapy drugs were identified from the pan-Canadian Oncology Drug Review (pCODR) program as of January 2015. Economic evaluations performed by drug manufacturers and pCODR were reviewed. Cost-effectiveness analyses and budget impact analyses were conducted for no-wastage and maximum-wastage scenarios (ie, the entire unused portion of the vial was discarded at each infusion). Sensitivity analyses were performed for a range of body surface areas and weights. Twelve drugs used for 17 indications were analyzed. Wastage was reported (ie, assumptions were explicit) in 71% of the models and was incorporated into 53% by manufacturers; this resulted in a mean incremental cost-effectiveness ratio increase of 6.1% (range, 1.3%-14.6%). pCODR reported and incorporated wastage for 59% of the models, and this resulted in a mean incremental cost-effectiveness ratio increase of 15.0% (range, 2.6%-48.2%). In the maximum-wastage scenario, there was a mean increase in the incremental cost-effectiveness ratio of 24.0% (range, 0.0%-97.2%), a mean increase in the 3-year total incremental budget costs of 26.0% (range, 0.0%-83.1%), and an increase in the 3-year total incremental drug budget cost of approximately CaD $102 million nationally. Changing the mean body surface area or body weight caused 45% of the drugs to have a change in the vial size and/or quantity, and this resulted in increased drug costs. Cancer drug wastage can increase drug costs but is not uniformly modeled in economic evaluations. Cancer 2017;123:3583-90. © 2017 American Cancer Society. © 2017 American Cancer Society.

The RISMC approach to perform advanced PRA analyses - 15332

International Nuclear Information System (INIS)

Mandelli, D.; Smith, C.; Riley, T.; Nielsen, J.; Alfonsi, A.; Rabiti, C.; Cogliati, J.

2015-01-01

The existing fleet of nuclear power plants is in the process of extending its lifetime and increasing the power generated from these plants via power up-rates. In order to evaluate the impact of these two factors on the safety of the plant, the RISMC (Risk Informed Safety Margin Characterization) Pathway aims to develop simulation-based tools and methods to assess risks for existing nuclear power plants in order to optimize safety. This pathway, by developing new methods, is extending the state-of-the-practice methods that have been traditionally based on logic structures such as Event-Trees and Fault-Trees. These static types of models mimic system response in an inductive and deductive way respectively, yet are restrictive in the ways they can represent spatial and temporal constructs. RISMC analyses are performed by using a combination of thermal-hydraulic codes and a stochastic analysis tool (RAVEN)currently under development at the Idaho National Laboratory. This paper presents a case study in order to show the capabilities of the RISMC methodology to assess impact of power up-rate of a boiling water reactor system during a station blackout accident scenario. We employ the system simulator code, RELAP5-3D, coupled with RAVEN which perform the stochastic analysis. Our analysis is in fact performed by: 1) sampling values of a set of parameters from the uncertainty space of interest, 2) simulating the system behavior for that specific set of parameter values and 3) analyzing the set of simulation runs. Results obtained give a detailed investigation of the issues associated with a plant power up-rate including the effects of station blackout accident scenarios. We are able to quantify how the timing of specific events was impacted by a higher nominal reactor core power. Such safety insights can provide useful information to the decision makers to perform risk informed margins management

Introduction to international economics. - 2nd ed.

NARCIS (Netherlands)

Jager, H.; Jepma, C.

2011-01-01

The second edition of Introduction to International Economics is a non-technical introduction to international economics that builds on the strengths of the first edition. It analyses in a practical way how the internationalization of economic activities influences companies, investors and

Technical and economic performance of integrated bioenergy systems

Energy Technology Data Exchange (ETDEWEB)

Toft, A.J.; Bridgwater, A.V. [Aston Univ. (United Kingdom). Energy Research Group; Mitchell, C.P.; Watters, M.P. [Aberdeen Univ. (United Kingdom). Wood Supply Research Group; Stevens, D.J. [Cascade Research, Inc. (United States)

1996-12-31

A comprehensive study of biomass production, conversion and utilisation systems has been carried out to examine complete bioenergy systems from biomass in the forest to electricity delivered to the grid. Spreadsheet models have been derived for all of the key steps in an integrated process and these have been compiled into an overall BioEnergy Assessment Model (BEAM). The model has also been used to investigate both the performance of different technologies and the effect of different configurations of the same basic system by manipulating the interfaces between feed production, feed conversion and electricity generation. Some of the results of these analyses are presented here. (orig.)

Technical and economic performance of integrated bioenergy systems

Energy Technology Data Exchange (ETDEWEB)

Toft, A J; Bridgwater, A V [Aston Univ. (United Kingdom). Energy Research Group; Mitchell, C P; Watters, M P [Aberdeen Univ. (United Kingdom). Wood Supply Research Group; Stevens, D J [Cascade Research, Inc. (United States)

1997-12-31

A comprehensive study of biomass production, conversion and utilisation systems has been carried out to examine complete bioenergy systems from biomass in the forest to electricity delivered to the grid. Spreadsheet models have been derived for all of the key steps in an integrated process and these have been compiled into an overall BioEnergy Assessment Model (BEAM). The model has also been used to investigate both the performance of different technologies and the effect of different configurations of the same basic system by manipulating the interfaces between feed production, feed conversion and electricity generation. Some of the results of these analyses are presented here. (orig.)

Technical and economic performance of integrated bioenergy systems

International Nuclear Information System (INIS)

Toft, A.J.; Bridgwater, A.V.

1996-01-01

A comprehensive study of biomass production, conversion and utilisation systems has been carried out to examine complete bioenergy systems from biomass in the forest to electricity delivered to the grid. Spreadsheet models have been derived for all of the key steps in an integrated process and these have been compiled into an overall BioEnergy Assessment Model (BEAM). The model has also been used to investigate both the performance of different technologies and the effect of different configurations of the same basic system by manipulating the interfaces between feed production, feed conversion and electricity generation. Some of the results of these analyses are presented here. (orig.)

Economic institutions and economic growth: Empirical evidence from the Economic Community of West African States

Directory of Open Access Journals (Sweden)

Lazarus Z. Wanjuu

2017-12-01

Background: Economic institutions are considered as the fundamental cause of economic growth. Economic institutions affect economic growth through allocation of resources like physical and human capital. Unfortunately, there is dearth of empirical studies showing the impact of economic institutions on growth of the Economic Community of West African States (ECOWAS. Aim: This study investigates the impact of economic institutions on economic growth of the ECOWAS. Setting and method: The study applied cause and effect relationship. The study used econometric research techniques of unit root and co-integration tests to establish the time series properties of the data; the vector error correction and co-integration regression models to estimate the population parameters. The research data comprised data obtained from the United Nations Conference on Trade and Development (UNCTAD, the Transparency International (TI and Heritage Foundation databases. The variables employed were the real gross domestic product (GDP per capita (RGDPPC, corruption perception index (CPI, property rights protection (PROPRGT, private investment per capita (INVESPC, government expenditure per capita (GOEXPPC and trade openness (TRAOPN. Results: The results of the data analysed showed that economic institutions represented by the property rights index engender RGDPPC growth in ECOWAS. The CPI could not stimulate RGDPPC growth in ECOWAS. The results also show that all the other variables stimulated growth except trade openness. Conclusion: The study concludes that good economic institutions, private investments, and government intervention by providing security, economic and social infrastructural facilities are conducive for economic growth in the ECOWAS region. The study recommended that more efforts be made at curbing corruption in the region

Improving the engineering-and-economical performance of ore-thermal electric furnaces in the smelting of silicomanganese

Science.gov (United States)

Kondrashov, V. P.; Pogrebisskiy, M. Ya; Lykov, A. G.; Rabinovich, V. L.; Bulgakov, A. S.

2018-02-01

Ways of increase of ore-heating electric furnaces, used for production of silicomanganese, engineering-and-economical performance are analyzed. Questions of data of the electric, thermal and technological modes of the furnace functioning collecting and processing for use in operation of an advanced control system of the furnace providing increase in technical and economic efficiency of technological process and an adaptability to quality of burden stock are considered.

Companies’ management during economic crisis

OpenAIRE

Kumpikaitė, Vilmantė; Grybauskas, Andrius; Juodelis, Mantas; Strumyla, Dovydas

2011-01-01

Lots of companies faced recent economic crisis. It was generated by global markets deregulation and it triggered relevant situation to emerge other types of crisis. Many scientists all over the world analyses how crisis affected global economy and changed companies’ management actions. Scientists exclude these types of crisis: economic, informational, physical, human resource, reputational, psychopathic acts production and financial. This paper examines economic crisis generated negative effe...

Socio-economic evaluation of selected biogas technologies

Energy Technology Data Exchange (ETDEWEB)

Moeller, F.; Martinsen, L.

2013-05-15

Financial and welfare economic analyses are conducted of 15 different biogas production scenarios that vary in terms of plant size and type of input. All considered scenarios lead to welfare economic losses. Overall welfare economic GHG reduction costs seem to increase with increasing crop/crop material share of input, and although the costs vary significantly across scenarios they are quite high for all scenarios. The financial analyses suggest that biogas production generally will be financially profitable for the agricultural sector and local CHP facilities but unprofitable for the biogas plants and the State. Seen from a policy perspective the results highlights the importance of designing regulatory instruments in a way that create incentives for private actors to engage in welfare economically desirable biogas production activities while discouraging the expansion of welfare economically undesirable activities. (Author)

Economic Developments on Perceived Safety, Violence, and Economic Benefits

Directory of Open Access Journals (Sweden)

Anthony Fabio

2015-01-01

Full Text Available Background. Emerging research highlights the promise of community- and policy-level strategies in preventing youth violence. Large-scale economic developments, such as sports and entertainment arenas and casinos, may improve the living conditions, economics, public health, and overall wellbeing of area residents and may influence rates of violence within communities. Objective. To assess the effect of community economic development efforts on neighborhood residents’ perceptions on violence, safety, and economic benefits. Methods. Telephone survey in 2011 using a listed sample of randomly selected numbers in six Pittsburgh neighborhoods. Descriptive analyses examined measures of perceived violence and safety and economic benefit. Responses were compared across neighborhoods using chi-square tests for multiple comparisons. Survey results were compared to census and police data. Results. Residents in neighborhoods with the large-scale economic developments reported more casino-specific and arena-specific economic benefits. However, 42% of participants in the neighborhood with the entertainment arena felt there was an increase in crime, and 29% of respondents from the neighborhood with the casino felt there was an increase. In contrast, crime decreased in both neighborhoods. Conclusions. Large-scale economic developments have a direct influence on the perception of violence, despite actual violence rates.

Revised assessments of the economics of fusion power

International Nuclear Information System (INIS)

Han, W.E.; Ward, D.J.

2009-01-01

Although fusion power is being developed because of its large resource base, low environmental impact and high levels of intrinsic safety, it is also important to investigate the economics of a future fusion power plant in order to assess the potential market for the electricity produced. As part of the PPCS (Power Plant Conceptual Study) in Europe, published in 2005, an assessment was made of the likely economic performance of the range of fusion power plant concepts studied. Since that time, new work has been carried out, within the fusion programme, and particularly in the EU DEMO study, that changes a number of the important assumptions made in the PPCS. These changes allow either reduced cost versions of the PPCS plant models or, alternatively, plants with less ambitious technical assumptions at constant cost. The impact of the new results, emerging from the EU DEMO studies, on the role of fusion in the future energy market is described. A new energy economics model is employed to analyse the potential market performance of fusion power in a range of future energy scenarios and this shows that there can be a significant role for fusion in a future energy market.

Modeling the economic consequences of LWR accidents

International Nuclear Information System (INIS)

Burke, R.P.; Aldrich, D.C.; Rasmussen, N.C.

1984-01-01

Models to be used for analyses of economic risks from events which may occur during LWR plant operation are developed in this study. The models include capabilities to estimate both onsite and offsite costs of LWR events ranging from routine plant outages to severe core-melt accidents resulting in large releases of radioactive material to the environment. The models can be used by both the nuclear power industry and regulatory agencies in cost-benefit analyses for decisionmaking purposes. The newly developed economic consequence models are applied in an example to estimate the economic risks from operation of the Surry Unit 2 plant. The analyses indicate that economic risks from US LWR operation, in contrast to public health risks, are dominated by relatively high-frequency forced outage events. Even for severe (e.g., core-melt) accidents, expected offsite costs are less than expected onsite costs for the Surry site. The implications of these conclusions for nuclear power plant operation and regulation are discussed

Current economic downturn and supply chain : The significance of demand and inventory smoothing

NARCIS (Netherlands)

Cannella, S.; Ashayeri, J.; Miranda, P.A.; Bruccoleri, M.

2014-01-01

The aim of this article is to analyse and quantify the effects of demand and inventory smoothing into supply-chain performance, facing the extreme volatility and impetuous alteration of the market produced by the current economic recession. To do so, we model a traditional serial three-stage supply

Case Studies: Improving Environmental Performance and Economic Prosperity at Ports and in Near-Port Communities

Science.gov (United States)

Case Study links for improving environmental performance and economic prosperity at ports and in near-port communities. Case studies on equipment upgrades, jobs and benefits, land use and transportation, port-community engagement, and citizen science.

A database structure for radiological optimization analyses of decommissioning operations

International Nuclear Information System (INIS)

Zeevaert, T.; Van de Walle, B.

1995-09-01

The structure of a database for decommissioning experiences is described. Radiological optimization is a major radiation protection principle in practices and interventions, involving radiological protection factors, economic costs, social factors. An important lack of knowledge with respect to these factors exists in the domain of the decommissioning of nuclear power plants, due to the low number of decommissioning operations already performed. Moreover, decommissioning takes place only once for a installation. Tasks, techniques, and procedures are in most cases rather specific, limiting the use of past experiences in the radiological optimization analyses of new decommissioning operations. Therefore, it is important that relevant data or information be acquired from decommissioning experiences. These data have to be stored in a database in a way they can be used efficiently in ALARA analyses of future decommissioning activities

Economic globalisation and economic justice: Covenanting for ...

African Journals Online (AJOL)

The premise of this article is that ethical moral formation or 'covenanting for justice' leads to action. The covenanting church itself, in conjunction with other movements, works for justice in all areas of life. The article uses the six aspects of ethical moral formation of Heinz Tödt to analyse some aspects of economic ...

Markov counting and reward processes for analysing the performance of a complex system subject to random inspections

International Nuclear Information System (INIS)

Ruiz-Castro, Juan Eloy

2016-01-01

In this paper, a discrete complex reliability system subject to internal failures and external shocks, is modelled algorithmically. Two types of internal failure are considered: repairable and non-repairable. When a repairable failure occurs, the unit goes to corrective repair. In addition, the unit is subject to external shocks that may produce an aggravation of the internal degradation level, cumulative damage or extreme failure. When a damage threshold is reached, the unit must be removed. When a non-repairable failure occurs, the device is replaced by a new, identical one. The internal performance and the external damage are partitioned in performance levels. Random inspections are carried out. When an inspection takes place, the internal performance of the system and the damage caused by external shocks are observed and if necessary the unit is sent to preventive maintenance. If the inspection observes minor state for the internal performance and/or external damage, then these states remain in memory when the unit goes to corrective or preventive maintenance. Transient and stationary analyses are performed. Markov counting and reward processes are developed in computational form to analyse the performance and profitability of the system with and without preventive maintenance. These aspects are implemented computationally with Matlab. - Highlights: • A multi-state device is modelled in an algorithmic and computational form. • The performance is partitioned in multi-states and degradation levels. • Several types of failures with repair times according to degradation levels. • Preventive maintenance as response to random inspection is introduced. • The performance-profitable is analysed through Markov counting and reward processes.

Economic integration in the Middle East

NARCIS (Netherlands)

Dobers, Geesche M.; Ihle, Rico; Kachel, Yael; Liebe, Ulf

2018-01-01

Violent political conflict results in socioeconomic fragmentation and hampers economic development. In contrast, trade crucially depends on cooperation. The article empirically analyses at the micro-level whether economic interactions affect political attitudes. Trading relations between Israelis

Environmental Disaster and Economic Change: Do tropical cyclones have permanent effects on economic growth and structure?

Science.gov (United States)

Jina, A.; von der Goltz, J.; Hsiang, S. M.

2011-12-01

Natural disasters have important, often devastating, effects upon economic growth and well-being. Due to this, disasters have become an active area of recent research and policy attention. However, much of this research has been narrowly focused, relying on anecdotal evidence and aggregated data to support conclusions about disaster impacts in the short-term. Employing a new global data set of tropical cyclone exposure from 1960 to 2008, we investigate in greater detail whether permanent changes in economic performance and structure can result from these extreme events in some cases. Our macro-economic analyses use the World Development Indicator dataset and have shown promising results: there are dramatic long-term economic transformations associated with tropical cyclones across a number of countries and industries. This effect is most clearly seen in Small Island Developing States (SIDS) and some countries in Latin America, where negative changes in long-term growth trends are observed in the years following a large tropical cyclone. In many economies with a high exposure to tropical cyclone damage, there are noticeable structural changes within the economy. The impacts of disasters might be expressed through various economic and social channels, through direct loss of lives and infrastructure damage; for instance, the destruction of infrastructure such as ports may damage export opportunities where replacement capital is not readily available. These structural changes may have far-reaching implications for economic growth and welfare. Larger nations subjected to the impacts of tropical cyclones are thought to be able to relocate economically important activities that are damaged by cyclones, and so long-term trend changes are not observed, even for events that cause a large immediate decrease in national productivity. By investigating in a more rigorous fashion the hypothesis that the environment triggers these permanent economic changes, our work has

Design features in Korean next generation reactor focused on performance and economic viability

International Nuclear Information System (INIS)

Lee, J.S.; Chung, M.S.; Na, J.H.; Kim, M.C.; Choi, Y.S.

2001-01-01

As of the end of Dec. 1999, Korea's total nuclear power capacity reached 13,716 MWe with 16 units in operation and 4 units under construction. In addition, as part of the national long-term R and D programme launched in 1992, the Korean Next Generation Reactor (KNGR) is being developed to meet the electricity demands in the years to come and is expected to be safer and more economically competitive than any other conventional electric power sources in Korea. The KNGR project has successfully completed its second phase and is now on the third phase. In Phase III of the KNGR design development project, KNGR aims at reinforcing the economic competitiveness while maintaining safety goals. To achieve these objectives, the design options studied and the design requirements set up in the first phase are pursued while the second phase are being reviewed. This paper summarizes such efforts for design improvement in terms of performance and economic viability along with the status of nuclear power generation in Korea, focusing on KNGR currently. (author)

Safety and deterministic failure analyses in high-beta D-D tokamak reactors

International Nuclear Information System (INIS)

Selcow, E.C.

1984-01-01

Safety and deterministic failure analyses were performed to compare major component failure characteristics for different high-beta D-D tokamak reactors. The primary focus was on evaluating damage to the reactor facility. The analyses also considered potential hazards to the general public and operational personnel. Parametric designs of high-beta D-D tokamak reactors were developed, using WILDCAT as the reference. The size, and toroidal field strength were reduced, and the fusion power increased in an independent manner. These changes were expected to improve the economics of D-D tokamaks. Issues examined using these designs were radiation induced failurs, radiation safety, first wall failure from plasma disruptions, and toroidal field magnet coil failure

A proposal of ecologic taxes based on thermo-economic performance of heat engine models

International Nuclear Information System (INIS)

Barranco-Jimenez, M. A.; Ramos-Gayosso, I.; Rosales, M. A.; Angulo-Brown, F.

2009-01-01

Within the context of Finite-Time Thermodynamics (FTT) a simplified thermal power plant model (the so-called Novikov engine) is analyzed under economical criteria by means of the concepts of profit function and the costs involved in the performance of the power plant. In this study, two different heat transfer laws are used, the so called Newton's law of cooling and the Dulong-Petit's law of cooling. Two FTT optimization criteria for the performance analysis are used: the maximum power regime (MP) and the so-called ecological criterion. This last criterion leads the engine model towards a mode of performance that appreciably diminishes the engine's wasted energy. In this work, it is shown that the energy-unit price produced under maximum power conditions is cheaper than that produced under maximum ecological (ME) conditions. This was accomplished by using a typical definition of profits function stemming from economics. The MP-regime produces considerably more wasted energy toward the environment, thus the MP energy-unit price is subsidized by nature. Due to this fact, an ecological tax is proposed, which could be a certain function of the price difference between the MP and ME modes of power production. (author)

SOCIAL PROGRESS AND ECONOMIC PROJECTS FOR DISADVANTAGED GROUPS IN ROMANIA

Directory of Open Access Journals (Sweden)

Aurelian Virgil BALUTA

2016-12-01

Full Text Available The paper aims to analyse the social progress, social politics, social law and successful projects applicable to the some disadvantaged groups: Roma people and woman. Inclusion of Roma people is analysed from economic point of view. The economic problems of equality by gender is presented in terms of labour rate and other relevant ratio. For Roma people the focus of analyse is also on labour involvement. The chapters of the communication are: introduction, literature review ( state of art in the field of social progress, theoretical background, tools for social progress in EU, economic inclusion of Roma population, economic equality by gender, conclusions.

Benchmarking of nuclear economics tools

International Nuclear Information System (INIS)

Moore, Megan; Korinny, Andriy; Shropshire, David; Sadhankar, Ramesh

2017-01-01

Highlights: • INPRO and GIF economic tools exhibited good alignment in total capital cost estimation. • Subtle discrepancies in the cost result from differences in financing and the fuel cycle assumptions. • A common set of assumptions was found to reduce the discrepancies to 1% or less. • Opportunities for harmonisation of economic tools exists. - Abstract: Benchmarking of the economics methodologies developed by the Generation IV International Forum (GIF) and the International Atomic Energy Agency’s International Project on Innovative Nuclear Reactors and Fuel Cycles (INPRO), was performed for three Generation IV nuclear energy systems. The Economic Modeling Working Group of GIF developed an Excel based spreadsheet package, G4ECONS (Generation 4 Excel-based Calculation Of Nuclear Systems), to calculate the total capital investment cost (TCIC) and the levelised unit energy cost (LUEC). G4ECONS is sufficiently generic in the sense that it can accept the types of projected input, performance and cost data that are expected to become available for Generation IV systems through various development phases and that it can model both open and closed fuel cycles. The Nuclear Energy System Assessment (NESA) Economic Support Tool (NEST) was developed to enable an economic analysis using the INPRO methodology to easily calculate outputs including the TCIC, LUEC and other financial figures of merit including internal rate of return, return of investment and net present value. NEST is also Excel based and can be used to evaluate nuclear reactor systems using the open fuel cycle, MOX (mixed oxide) fuel recycling and closed cycles. A Super Critical Water-cooled Reactor system with an open fuel cycle and two Fast Reactor systems, one with a break-even fuel cycle and another with a burner fuel cycle, were selected for the benchmarking exercise. Published data on capital and operating costs were used for economics analyses using G4ECONS and NEST tools. Both G4ECONS and

Dry critical experiments and analyses performed in support of the Topaz-2 Safety Program

International Nuclear Information System (INIS)

Pelowitz, D.B.; Sapir, J.; Glushkov, E.S.; Ponomarev-Stepnoi, N.N.; Bubelev, V.G.; Kompanietz, G.B.; Krutov, A.M.; Polyakov, D.N.; Loynstev, V.A.

1994-01-01

In December 1991, the Strategic Defense Initiative Organization decided to investigate the possibility of launching a Russian Topaz-2 space nuclear power system. Functional safety requirements developed for the Topaz mission mandated that the reactor remain subcritical when flooded and immersed in water. Initial experiments and analyses performed in Russia and the United States indicated that the reactor could potentially become supercritical in several water- or sand-immersion scenarios. Consequently, a series of critical experiments was performed on the Narciss M-II facility at the Kurchatov Institute to measure the reactivity effects of water and sand immersion, to quantify the effectiveness of reactor modifications proposed to preclude criticality, and to benchmark the calculational methods and nuclear data used in the Topaz-2 safety analyses. In this paper we describe the Narciss M-II experimental configurations along with the associated calculational models and methods. We also present and compare the measured and calculated results for the dry experimental configurations

Dry critical experiments and analyses performed in support of the TOPAZ-2 safety program

International Nuclear Information System (INIS)

Pelowitz, D.B.; Sapir, J.; Glushkov, E.S.; Ponomarev-Stepnoi, N.N.; Bubelev, V.G.; Kompanietz, G.B.; Krutov, A.M.; Polyakov, D.N.; Lobynstev, V.A.

1995-01-01

In December 1991, the Strategic Defense Initiative Organization decided to investigate the possibility of launching a Russian Topaz-2 space nuclear power system. Functional safety requirements developed for the Topaz mission mandated that the reactor remain subcritical when flooded and immersed in water. Initial experiments and analyses performed in Russia and the United States indicated that the reactor could potentially become supercritical in several water- or sand-immersion scenarios. Consequently, a series of critical experiments was performed on the Narciss M-II facility at the Kurchatov Institute to measure the reactivity effects of water and sand immersion, to quantify the effectiveness of reactor modifications proposed to preclude criticality, and to benchmark the calculational methods and nuclear data used in the Topaz-2 safety analyses. In this paper we describe the Narciss M-II experimental configurations along with the associated calculational models and methods. We also present and compare the measured and calculated results for the dry experimental configurations. copyright 1995 American Institute of Physics

Techno-economic evaluation of biodiesel production from waste cooking oil--a case study of Hong Kong.

Science.gov (United States)

Karmee, Sanjib Kumar; Patria, Raffel Dharma; Lin, Carol Sze Ki

2015-02-18

Fossil fuel shortage is a major challenge worldwide. Therefore, research is currently underway to investigate potential renewable energy sources. Biodiesel is one of the major renewable energy sources that can be obtained from oils and fats by transesterification. However, biodiesel obtained from vegetable oils as feedstock is expensive. Thus, an alternative and inexpensive feedstock such as waste cooking oil (WCO) can be used as feedstock for biodiesel production. In this project, techno-economic analyses were performed on the biodiesel production in Hong Kong using WCO as a feedstock. Three different catalysts such as acid, base, and lipase were evaluated for the biodiesel production from WCO. These economic analyses were then compared to determine the most cost-effective method for the biodiesel production. The internal rate of return (IRR) sensitivity analyses on the WCO price and biodiesel price variation are performed. Acid was found to be the most cost-effective catalyst for the biodiesel production; whereas, lipase was the most expensive catalyst for biodiesel production. In the IRR sensitivity analyses, the acid catalyst can also acquire acceptable IRR despite the variation of the WCO and biodiesel prices.

Techno-Economic Evaluation of Biodiesel Production from Waste Cooking Oil—A Case Study of Hong Kong

Science.gov (United States)

Karmee, Sanjib Kumar; Patria, Raffel Dharma; Lin, Carol Sze Ki

2015-01-01

Fossil fuel shortage is a major challenge worldwide. Therefore, research is currently underway to investigate potential renewable energy sources. Biodiesel is one of the major renewable energy sources that can be obtained from oils and fats by transesterification. However, biodiesel obtained from vegetable oils as feedstock is expensive. Thus, an alternative and inexpensive feedstock such as waste cooking oil (WCO) can be used as feedstock for biodiesel production. In this project, techno-economic analyses were performed on the biodiesel production in Hong Kong using WCO as a feedstock. Three different catalysts such as acid, base, and lipase were evaluated for the biodiesel production from WCO. These economic analyses were then compared to determine the most cost-effective method for the biodiesel production. The internal rate of return (IRR) sensitivity analyses on the WCO price and biodiesel price variation are performed. Acid was found to be the most cost-effective catalyst for the biodiesel production; whereas, lipase was the most expensive catalyst for biodiesel production. In the IRR sensitivity analyses, the acid catalyst can also acquire acceptable IRR despite the variation of the WCO and biodiesel prices. PMID:25809602

Techno-Economic Evaluation of Biodiesel Production from Waste Cooking Oil—A Case Study of Hong Kong

Directory of Open Access Journals (Sweden)

Sanjib Kumar Karmee

2015-02-01

Full Text Available Fossil fuel shortage is a major challenge worldwide. Therefore, research is currently underway to investigate potential renewable energy sources. Biodiesel is one of the major renewable energy sources that can be obtained from oils and fats by transesterification. However, biodiesel obtained from vegetable oils as feedstock is expensive. Thus, an alternative and inexpensive feedstock such as waste cooking oil (WCO can be used as feedstock for biodiesel production. In this project, techno-economic analyses were performed on the biodiesel production in Hong Kong using WCO as a feedstock. Three different catalysts such as acid, base, and lipase were evaluated for the biodiesel production from WCO. These economic analyses were then compared to determine the most cost-effective method for the biodiesel production. The internal rate of return (IRR sensitivity analyses on the WCO price and biodiesel price variation are performed. Acid was found to be the most cost-effective catalyst for the biodiesel production; whereas, lipase was the most expensive catalyst for biodiesel production. In the IRR sensitivity analyses, the acid catalyst can also acquire acceptable IRR despite the variation of the WCO and biodiesel prices.

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.

ICT reuse in socio-economic enterprises

International Nuclear Information System (INIS)

Ongondo, F.O.; Williams, I.D.; Dietrich, J.; Carroll, C.

2013-01-01

Highlights: • We analyse ICT equipment reuse operations of socio-economic enterprises. • Most common ICT products dealt with are computers and related equipment. • In the UK in 2010, ∼143,750 appliances were reused. • Marketing and legislative difficulties are the common hurdles to reuse activities. • Socio-economic enterprises can significantly contribute to resource efficiency. - Abstract: In Europe, socio-economic enterprises such as charities, voluntary organisations and not-for-profit companies are involved in the repair, refurbishment and reuse of various products. This paper characterises and analyses the operations of socio-economic enterprises that are involved in the reuse of Information and Communication Technology (ICT) equipment. Using findings from a survey, the paper specifically analyses the reuse activities of socio-economic enterprises in the UK from which Europe-wide conclusions are drawn. The amount of ICT products handled by the reuse organisations is quantified and potential barriers and opportunities to their operations are analysed. By-products from reuse activities are discussed and recommendations to improve reuse activities are provided. The most common ICT products dealt with by socio-economic enterprises are computers and related equipment. In the UK in 2010, an estimated 143,750 appliances were reused. However, due to limitations in data, it is difficult to compare this number to the amount of new appliances that entered the UK market or the amount of waste electrical and electronic equipment generated in the same period. Difficulties in marketing products and numerous legislative requirements are the most common barriers to reuse operations. Despite various constraints, it is clear that organisations involved in reuse of ICT could contribute significantly to resource efficiency and a circular economy. It is suggested that clustering of their operations into “reuse parks” would enhance both their profile and their

ICT reuse in socio-economic enterprises

Energy Technology Data Exchange (ETDEWEB)

Ongondo, F.O., E-mail: f.ongondo@soton.ac.uk [Centre for Environmental Sciences, Faculty of Engineering and the Environment, Lanchester Building, University of Southampton, University Rd., Highfield, Southampton, Hampshire SO17 1BJ (United Kingdom); Williams, I.D. [Centre for Environmental Sciences, Faculty of Engineering and the Environment, Lanchester Building, University of Southampton, University Rd., Highfield, Southampton, Hampshire SO17 1BJ (United Kingdom); Dietrich, J. [Technische Universität Berlin, Centre for Scientific Continuing Education and Cooperation, Cooperation and Consulting for Environmental Questions (kubus) FH10-1, Fraunhoferstraße 33-36, 10587 Berlin (Germany); Carroll, C. [Centre for Environmental Sciences, Faculty of Engineering and the Environment, Lanchester Building, University of Southampton, University Rd., Highfield, Southampton, Hampshire SO17 1BJ (United Kingdom)

2013-12-15

Highlights: • We analyse ICT equipment reuse operations of socio-economic enterprises. • Most common ICT products dealt with are computers and related equipment. • In the UK in 2010, ∼143,750 appliances were reused. • Marketing and legislative difficulties are the common hurdles to reuse activities. • Socio-economic enterprises can significantly contribute to resource efficiency. - Abstract: In Europe, socio-economic enterprises such as charities, voluntary organisations and not-for-profit companies are involved in the repair, refurbishment and reuse of various products. This paper characterises and analyses the operations of socio-economic enterprises that are involved in the reuse of Information and Communication Technology (ICT) equipment. Using findings from a survey, the paper specifically analyses the reuse activities of socio-economic enterprises in the UK from which Europe-wide conclusions are drawn. The amount of ICT products handled by the reuse organisations is quantified and potential barriers and opportunities to their operations are analysed. By-products from reuse activities are discussed and recommendations to improve reuse activities are provided. The most common ICT products dealt with by socio-economic enterprises are computers and related equipment. In the UK in 2010, an estimated 143,750 appliances were reused. However, due to limitations in data, it is difficult to compare this number to the amount of new appliances that entered the UK market or the amount of waste electrical and electronic equipment generated in the same period. Difficulties in marketing products and numerous legislative requirements are the most common barriers to reuse operations. Despite various constraints, it is clear that organisations involved in reuse of ICT could contribute significantly to resource efficiency and a circular economy. It is suggested that clustering of their operations into “reuse parks” would enhance both their profile and their

Methods of international health technology assessment agencies for economic evaluations--a comparative analysis.

Science.gov (United States)

Mathes, Tim; Jacobs, Esther; Morfeld, Jana-Carina; Pieper, Dawid

2013-09-30

The number of Health Technology Assessment (HTA) agencies increases. One component of HTAs are economic aspects. To incorporate economic aspects commonly economic evaluations are performed. A convergence of recommendations for methods of health economic evaluations between international HTA agencies would facilitate the adaption of results to different settings and avoid unnecessary expense. A first step in this direction is a detailed analysis of existing similarities and differences in recommendations to identify potential for harmonization. The objective is to provide an overview and comparison of the methodological recommendations of international HTA agencies for economic evaluations. The webpages of 127 international HTA agencies were searched for guidelines containing recommendations on methods for the preparation of economic evaluations. Additionally, the HTA agencies were requested information on methods for economic evaluations. Recommendations of the included guidelines were extracted in standardized tables according to 13 methodological aspects. All process steps were performed independently by two reviewers. Finally 25 publications of 14 HTA agencies were included in the analysis. Methods for economic evaluations vary widely. The greatest accordance could be found for the type of analysis and comparator. Cost-utility-analyses or cost-effectiveness-analyses are recommended. The comparator should continuously be usual care. Again the greatest differences were shown in the recommendations on the measurement/sources of effects, discounting and in the analysis of sensitivity. The main difference regarding effects is the focus either on efficacy or effectiveness. Recommended discounting rates range from 1.5%-5% for effects and 3%-5% for costs whereby it is mostly recommended to use the same rate for costs and effects. With respect to the analysis of sensitivity the main difference is that oftentimes the probabilistic or deterministic approach is recommended

Regional Economic Growth; Socio-Economic Disparities among Counties

Directory of Open Access Journals (Sweden)

Salih Özgür SARICA

2014-12-01

Full Text Available State level economy has always been relying on its major metropolitan area’s economic success. So, such metropolitan agglomerations have been considered the only agents that can foster the state’s economic standing as if other economic places do (or may not have significant contribution to the regional economy. In contrast, as some major cities enhance their economic well-being and agglomerate in specialized sector, the rest of the region lose their economic grounds or stay constant by widening the economic gap among cities. Therefore, an institutional approach can help to establish new regional arrangements to substitute all economic places to coordinate each other and succeed the economic growth as part of state government by reducing the disparities. In this sense, this study builds upon the inquiry that seeks the impacts of some economic disparities among economic places (counties on the performances of state level regional economy.

Correlation Model between Economic Development and Environmental Performance on the Basis of Non-Financial Reporting

Directory of Open Access Journals (Sweden)

Vladimir Dmitrievich Bogdanov

2016-03-01

Full Text Available The most common international standards for the non-financial reporting are reviewed. The Global Reporting Initiative (GRI is determined as an optimal standard of sustainability reporting for the use in the Russian conditions. The environmental component of guidance on the compilation of G4 non-financial reporting of GRI standard is analyzed, the contribution of each aspect in terms of the overall picture of sustainability is determined. The progress of economic science has outlined the importance of incorporating natural components. Moreover, the value of biological resources would be increased through time, and therefore, the economic development of the company cannot be in isolation. To determine the degree of harmony between the economic development and ecological condition of the territory where the company carries out the economic activities, the application of new approaches and methods is necessary. Based on the statistical methods, a correlation model between economic development and environmental performance is developed to identify their relationship on the basis of non-financial reporting. The developed model of correlation can be used by a wide range of oil and gas companies and its general principles by the companies of different industries. The results may be of interest to stakeholders, also, it can be used for administrative purposes, to serve as a platform for forecasting and adoption of administrative decisions to achieve harmony between economic development and environmental performance. The model of correlation has been tested for the data of non-financial reporting of the Russian largest oil and gas company JSC “Surgutneftegas”. The testing has shown a positive relationship between the two systems of the company’s sustainable development: economy and ecology. This obtained result demonstrates a high level of social responsibility of the company in terms of environmental protection. A further study in this field can

USE OF THE SIMPLE LINEAR REGRESSION MODEL IN MACRO-ECONOMICAL ANALYSES

Directory of Open Access Journals (Sweden)

Constantin ANGHELACHE

2011-10-01

Full Text Available The article presents the fundamental aspects of the linear regression, as a toolbox which can be used in macroeconomic analyses. The article describes the estimation of the parameters, the statistical tests used, the homoscesasticity and heteroskedasticity. The use of econometrics instrument in macroeconomics is an important factor that guarantees the quality of the models, analyses, results and possible interpretation that can be drawn at this level.

Economic sensitivity of DAW incineration to PVC content

International Nuclear Information System (INIS)

Rossmassler, R.L.

1986-01-01

Economic analyses of the volume reduction of low level radwaste, including the incinerator of Dry Active Waste (DAW), spent resins and filter sludges, are performed using the microcomputer code VOLREDUCER. Based on BWR and PWR data taken from previous EPRI work, the sensitivity of incinerator economics to polyvinyl chloride (PVC) content in DAW is examined. An annual cost penalty associated with the presence of PVC in the waste is formulated, and the sensitivity of this penalty to a variety of parameters is determined. The alternative of sorting out PVC from the rest of the waste is compared to incineration with regard to this annual cost penalty. These penalties may range as high as $100,000 annually depending on the waste characteristics and percent of PVC

Creativity as an integral element of social capital and its role for economic performance

OpenAIRE

Westlund , Hans; Andersson, Martin; Karlsson, Charlie

2013-01-01

In this paper, we focus on the connections between creativity, social capital and economic performance and growth. Our working hypothesis is that both creativity and social capital influences the economy, both each per se, but also through their influence on each other. We regard creativity as one of the sources of entrepreneurship and innovation (although creativity also can have ‘bad’ consequences if bad actors such as criminals perform it). Depending on the types of networks and the norms ...

Voltage Optimisation Technology for an Australian Abattoir—A Techno-Economic Evaluation

Directory of Open Access Journals (Sweden)

GM Shafiullah

2017-11-01

Full Text Available Optimising voltage levels to a controlled stable level at a facility can not only reduce the cost of energy but also enhance equipment performance, prolong equipment life, reduce maintenance costs and reduce greenhouse gas emissions. Voltage optimisation (VO technology has been widely used in a number of different industries locally and internationally, but not to a large extent within the red meat processing sector in Australia. To determine whether VO technology can be implemented, and whether it is technically and economically viable for red meat processing sites, this study investigated, through case study analyses, the potential effectiveness of VO technology in Australian abattoirs. Through an extensive literature survey, the study initially explored the need and considerations of deploying VO technologies at a typical red meat processing plant. To determine the advantages of using VO technology the study then performed site analyses to investigate power quality (PQ issues, such as voltage regulation, harmonics and power factor, at two typical medium-sized abattoirs, one in Western Australia and another in Queensland. Finally, an economic assessment of the use of VO in the red meat processing industry was undertaken to identify the potential electricity savings and payback periods. From the case study analyses, it is evident that power quality issues, such as under voltage, overvoltage, and harmonic distortion, can be reduced and significant energy savings can be achieved with the optimum selection of VO technology and voltage level. The outcomes of this study will enable engineering and operations staff to be better informed about the economic and technical benefits of (and possible issues with using VO technologies in an abattoir.

Toxicity and environmental and economic performance of fly ash and recycled concrete aggregates use in concrete: A review

Directory of Open Access Journals (Sweden)

Rawaz Kurda

2018-04-01

Full Text Available This paper presents an overview of previous studies on the environmental impact (EI and toxicity of producing recycled concrete aggregates (RCA, fly ash (FA, cement, superplasticizer, and water as raw materials, and also on the effect of replacing cement and natural aggregates (NA with FA and RCA, respectively, on the mentioned aspects. EI and toxicity were analysed simultaneously because considering concrete with alternative materials as sustainable depends on whether their risk assessment is high. Therefore, this study mainly focuses on the cradle-to-gate EI of one cubic meter of concrete, namely abiotic depletion potential (ADP, global warming potential (GWP, ozone depletion potential (ODP, photochemical ozone creation (POCP, acidification potential (AP, eutrophication potential (EP, non-renewable energy (PE-NRe and renewable energy (PE-Re. In terms of toxicity, leachability (chemical and ecotoxicological characterization was considered. The results also include the economic performance of these materials, and show that the incorporation of FA in concrete significantly decreases the EI and cost of concrete. Thus, the simultaneous incorporation of FA and RCA decrease the EI, cost, use of landfill space and natural resources extraction. Nonetheless, the leaching metals of FA decrease when they are incorporated in concrete. Relative to FA, the incorporation of RCA does not significantly affect the EI and cost of concrete, but it significantly reduces the use of landfill space and the need of virgin materials. Keywords: Materials science, Environmental science, Industry, Economics, Safety engineering

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

Propensity-score matching in economic analyses: comparison with regression models, instrumental variables, residual inclusion, differences-in-differences, and decomposition methods.

Science.gov (United States)

Crown, William H

2014-02-01

This paper examines the use of propensity score matching in economic analyses of observational data. Several excellent papers have previously reviewed practical aspects of propensity score estimation and other aspects of the propensity score literature. The purpose of this paper is to compare the conceptual foundation of propensity score models with alternative estimators of treatment effects. References are provided to empirical comparisons among methods that have appeared in the literature. These comparisons are available for a subset of the methods considered in this paper. However, in some cases, no pairwise comparisons of particular methods are yet available, and there are no examples of comparisons across all of the methods surveyed here. Irrespective of the availability of empirical comparisons, the goal of this paper is to provide some intuition about the relative merits of alternative estimators in health economic evaluations where nonlinearity, sample size, availability of pre/post data, heterogeneity, and missing variables can have important implications for choice of methodology. Also considered is the potential combination of propensity score matching with alternative methods such as differences-in-differences and decomposition methods that have not yet appeared in the empirical literature.

Performance analysis of supply and return fans for HVAC systems under different operating strategies of economizer dampers

Energy Technology Data Exchange (ETDEWEB)

Nassif, Nabil [Florida Solar Energy Center, A Research Institute of the University of Center Florida, 1679 Clearlake Road, Cocoa, FL 32922 (United States)

2010-07-15

HVAC systems and associated equipment consume a relatively large fraction of total building energy consumption, a significant portion of which is attributed to fan operation. The operation of economizer dampers when installed can cause high energy consumption in fans if they are not functioning in proper and optimal manner. This will mainly be due to the potential high pressure drops through those dampers and associated high total pressures that should be developed by supply and/or return fans. It is then necessary to ensure that a proper strategy to operate optimally the economizer dampers is implemented with minimum fan energy use. The paper examines several operation strategies of the economizer dampers and investigates their effects on the performance of both the supply and return fans in HVAC system. It also discusses a new operating strategy for economizer dampers that can lead to lower fan energy use. The strategies are evaluated by simulations for a typically existing HVAC system. Several factors such as the building locations, system characteristics, resistance in the duct where the dampers are installed, supply air temperature and economizer control, and minimum ventilation requirements are also considered during the evaluations. The results show that the way of the economizer dampers been controlled has a significant effect on fan performance and its energy use. The proposed strategy if properly implemented can provide fan energy saving in the range of 5-30%, depending mainly on the number of hours when the system operates in the free cooling mode, damper characteristics, and minimum outdoor air. (author)

Scaling and universality in urban economic diversification.

Science.gov (United States)

Youn, Hyejin; Bettencourt, Luís M A; Lobo, José; Strumsky, Deborah; Samaniego, Horacio; West, Geoffrey B

2016-01-01

Understanding cities is central to addressing major global challenges from climate change to economic resilience. Although increasingly perceived as fundamental socio-economic units, the detailed fabric of urban economic activities is only recently accessible to comprehensive analyses with the availability of large datasets. Here, we study abundances of business categories across US metropolitan statistical areas, and provide a framework for measuring the intrinsic diversity of economic activities that transcends scales of the classification scheme. A universal structure common to all cities is revealed, manifesting self-similarity in internal economic structure as well as aggregated metrics (GDP, patents, crime). We present a simple mathematical derivation of the universality, and provide a model, together with its economic implications of open-ended diversity created by urbanization, for understanding the observed empirical distribution. Given the universal distribution, scaling analyses for individual business categories enable us to determine their relative abundances as a function of city size. These results shed light on the processes of economic differentiation with scale, suggesting a general structure for the growth of national economies as integrated urban systems. © 2016 The Authors.

The availability and economic analyses of using marginal land for bioenergy production in China

Science.gov (United States)

Yuqi, Chen; Xudong, Guo; Chunyan, Lv

2017-04-01

In recent years, China has witnessed rapid increase in the dependence of foreign oil import. In 2015, the primary energy consumption of China is 543 million tons, of which 328 million tons was imported. The total amount of imported foreign oil increased from 49.8% in 2008 to 60.41% in 2016. To address the national energy security and GHG emission reduction, China has made considerable progress in expanding renewable energy portfolio, especially liquid biofuels. However, under the pressure of high population and vulnerable food security, China's National Development and Reform Commission (NDRC) ruled that bioenergy is only allowed to be produced using non-cereal feedstock. In addition, the energy crops can only be planted on marginal land, which is the land not suitable for growing field crops due to edaphic and/or climatic limitations, and other environmental risks. Although there have been a number of studies about estimating the marginal land for energy plants' cultivation in China, as to the different definition of marginal land and land use data, the results are quite different. Furthermore, even if there is enough marginal land suitable for energy plants' cultivation, economic viability of cultivating energy plants on marginal land is critical. In order to analyze the availability and economic analyses of the marginal land for bioenergy production strategy, firstly, by using of the latest and most authoritative land use data, this study focused on the assessment of marginal land resources and bioenergy potential by planting five species of energy plants including Cassava, Jatropha curcas, Helianthus tuberous L, Pistacia chinensis, Xanthoceras sorbifolia Bunge. The results indicate that there are 289.71 million ha marginal land can be used for these five energy plants' cultivation, which can produce 24.45 million tons bioethanol and 8.77 million tons of biodiesel. Secondly, based on field survey data and literature reviews, we found that, from the farmers

Comparative analyses on dynamic performances of photovoltaic–thermal solar collectors integrated with phase change materials

International Nuclear Information System (INIS)

Su, Di; Jia, Yuting; Alva, Guruprasad; Liu, Lingkun; Fang, Guiyin

2017-01-01

Highlights: • The dynamic model of photovoltaic–thermal collector with phase change material was developed. • The performances of photovoltaic–thermal collector are performed comparative analyses. • The performances of photovoltaic–thermal collector with phase change material were evaluated. • Upper phase change material mode can improve performances of photovoltaic–thermal collector. - Abstract: The operating conditions (especially temperature) of photovoltaic–thermal solar collectors have significant influence on dynamic performance of the hybrid photovoltaic–thermal solar collectors. Only a small percentage of incoming solar radiation can be converted into electricity, and the rest is converted into heat. This heat leads to a decrease in efficiency of the photovoltaic module. In order to improve the performance of the hybrid photovoltaic–thermal solar collector, we performed comparative analyses on a hybrid photovoltaic–thermal solar collector integrated with phase change material. Electrical and thermal parameters like solar cell temperature, outlet temperature of air, electrical power, thermal power, electrical efficiency, thermal efficiency and overall efficiency are simulated and analyzed to evaluate the dynamic performance of the hybrid photovoltaic–thermal collector. It is found that the position of phase change material layer in the photovoltaic–thermal collector has a significant effect on the performance of the photovoltaic–thermal collector. The results indicate that upper phase change material mode in the photovoltaic–thermal collector can significantly improve the thermal and electrical performance of photovoltaic–thermal collector. It is found that overall efficiency of photovoltaic–thermal collector in ‘upper phase change material’ mode is 10.7% higher than that in ‘no phase change material’ mode. Further, for a photovoltaic–thermal collector with upper phase change material, it is verified that 3 cm

Effects of shade and input management on economic performance of small-scale Peruvian coffee systems

NARCIS (Netherlands)

Jezeer, Rosalien E.|info:eu-repo/dai/nl/374336865; Ferreira Dos Santos, Maria Joao|info:eu-repo/dai/nl/371571979; Boot, René G.A.|info:eu-repo/dai/nl/069412928; Junginger, Martin|info:eu-repo/dai/nl/202130703; Verweij, Pita A.|info:eu-repo/dai/nl/145431843

2018-01-01

Tropical agroforestry systems provide a number of ecosystem services that might help sustain the production of multiple crops, improve farmers’ livelihoods and conserve biodiversity. A major drawback of agroforestry coffee systems is the perceived lower economic performance compared to high-input

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

Current Approaches to Tactical Performance Analyses in Soccer Using Position Data.

Science.gov (United States)

Memmert, Daniel; Lemmink, Koen A P M; Sampaio, Jaime

2017-01-01

Tactical match performance depends on the quality of actions of individual players or teams in space and time during match-play in order to be successful. Technological innovations have led to new possibilities to capture accurate spatio-temporal information of all players and unravel the dynamics and complexity of soccer matches. The main aim of this article is to give an overview of the current state of development of the analysis of position data in soccer. Based on the same single set of position data of a high-level 11 versus 11 match (Bayern Munich against FC Barcelona) three different promising approaches from the perspective of dynamic systems and neural networks will be presented: Tactical performance analysis revealed inter-player coordination, inter-team and inter-line coordination before critical events, as well as team-team interaction and compactness coefficients. This could lead to a multi-disciplinary discussion on match analyses in sport science and new avenues for theoretical and practical implications in soccer.

Grey relation performance correlations among economics, energy use and carbon dioxide emission in Taiwan

International Nuclear Information System (INIS)

Lin, Sue J.; Lu, I.J.; Lewis, Charles

2007-01-01

This study explores the inter-relationships among economy, energy and CO 2 emissions of 37 industrial sectors in Taiwan in order to provide insight regarding sustainable development policy making. Grey relation analysis was used to analyse the productivity, aggregate energy consumption, and the use of fuel mix (electricity, coal, oil and gas) in relation to CO 2 emission changes. An innovative evaluative index system was devised to explore grey relation grades among economics, energy and environmental quality. Results indicate that a rapid increase in electricity generation during the past 10 years is the main reason for CO 2 emission increase in Taiwan. The largest CO 2 emitting sectors include iron and steel, transportation, petrochemical materials, commerce and other services. Therefore, it is important to reduce the energy intensity of these sectors by energy conservation, efficiency improvement and adjustment of industrial structure towards high value-added products and services. Economic growth for all industries has a more significant influence, than does total energy consumption, on CO 2 emission increase in Taiwan. It is also important to decouple the energy consumption and production to reduce the impacts of CO 2 on economic growth. Furthermore, most of the sectors examined had increased CO 2 emissions, except for machinery and road transportation. For high energy intensive and CO 2 intensive industries, governmental policies for CO 2 mitigation should be directed towards low carbon fuels as well as towards enhancement of the demand side management mechanism, without loss of the nation's competitiveness

Modeling, performance analysis and economic feasibility of a mirror-augmented photovoltaic system

International Nuclear Information System (INIS)

Fortunato, B.; Torresi, M.; Deramo, A.

2014-01-01

and reflected radiations due to the shadowing effect of the flat mirrors. In particular, under an isotropic sky assumption, a simplified analytical expression, applicable in the case of MAPV systems, for the sky-view factor has been developed. The deterioration in the performance of the PV system as a result of the increasing cell temperature with radiation augmentation due to mirrors has been also evaluated. Moreover, in order to provide a more realistic view of the process, the energy analysis is accompanied by the exergy analysis. Finally, in order to analyse the economics of MAPV systems, Net Present Value, Discounted Payback Period, Internal Rate of Return and Life-Cycle Costs, have been considered and compared with both a constant tilt building-integrated photovoltaic (BIPV) system and a system with a dual axis tracker

The performance and economical analysis of grid-connected photovoltaic systems in Daegu, Korea

International Nuclear Information System (INIS)

Kim, Ju-Young; Jeon, Gyu-Yeob; Hong, Won-Hwa

2009-01-01

The distribution of the photovoltaic systems is faced with technological and economic problems, and the businesses and corporations feel burdened by the photovoltaic system's dubious economic value and high construction costs. Thus, not too many enterprises or private citizens have been participating in the business of installing photovoltaic systems. Moreover, because of lack of skills in integrating engineering and architectural design, they are experiencing difficulties even in using the technologies that have already been developed and available for application. To provide the basic information and specific data required for making the guidelines for developing photovoltaic technologies, this paper evaluates the system types, the actual state of operation, and performance of the two photovoltaic systems that are installed in Kiemyung University's Osan Building and Dongho Elementary School in Daegu Metropolitan City

How to reconcile environmental and economic performance to improve corporate sustainability: corporate environmental strategies in the European paper industry.

Science.gov (United States)

Wagner, Marcus

2005-07-01

This paper discusses the relationship between environmental and economic performance and the influence of corporate strategies with regard to sustainability and the environment. After formulating a theoretical model, results are reported from an empirical analysis of the European paper manufacturing industry. New data are used to test hypotheses derived from the theoretical model, using environmental performance indices representing different corporate environmental strategy orientations. In particular, an emissions-based index largely reflecting end-of-pipe strategies and an inputs-based index reflecting integrated pollution prevention are distinguished. For the emissions-based index, a predominantly negative relationship between environmental and economic performance is found, whereas for the inputs-based index no significant link is found. This is consistent with the theoretical model, which predicts the possibility of different relationships. The results also show that for firms with pollution prevention-oriented corporate environmental strategies, the relationship between environmental and economic performance is more positive, thus making improvements in corporate sustainability more likely. Based on this last insight, managerial implications of this are discussed with regard to strategy choices, investment decisions and operations management.

Assessment of Tools and Data for System-Level Dynamic Analyses

International Nuclear Information System (INIS)

Piet, Steven J.; Soelberg, Nick R.

2011-01-01

The only fuel cycle for which dynamic analyses and assessments are not needed is the null fuel cycle - no nuclear power. For every other concept, dynamic analyses are needed and can influence relative desirability of options. Dynamic analyses show how a fuel cycle might work during transitions from today's partial fuel cycle to something more complete, impact of technology deployments, location of choke points, the key time lags, when benefits can manifest, and how well parts of fuel cycles work together. This report summarizes the readiness of existing Fuel Cycle Technology (FCT) tools and data for conducting dynamic analyses on the range of options. VISION is the primary dynamic analysis tool. Not only does it model mass flows, as do other dynamic system analysis models, but it allows users to explore various potential constraints. The only fuel cycle for which constraints are not important are those in concept advocates PowerPoint presentations; in contrast, comparative analyses of fuel cycles must address what constraints exist and how they could impact performance. The most immediate tool need is extending VISION to the thorium/U233 fuel cycle. Depending on further clarification of waste management strategies in general and for specific fuel cycle candidates, waste management sub-models in VISION may need enhancement, e.g., more on 'co-flows' of non-fuel materials, constraints in waste streams, or automatic classification of waste streams on the basis of user-specified rules. VISION originally had an economic sub-model. The economic calculations were deemed unnecessary in later versions so it was retired. Eventually, the program will need to restore and improve the economics sub-model of VISION to at least the cash flow stage and possibly to incorporating cost constraints and feedbacks. There are multiple sources of data that dynamic analyses can draw on. In this report, 'data' means experimental data, data from more detailed theoretical or empirical

Assessment of Tools and Data for System-Level Dynamic Analyses

Energy Technology Data Exchange (ETDEWEB)

Steven J. Piet; Nick R. Soelberg

2011-06-01

The only fuel cycle for which dynamic analyses and assessments are not needed is the null fuel cycle - no nuclear power. For every other concept, dynamic analyses are needed and can influence relative desirability of options. Dynamic analyses show how a fuel cycle might work during transitions from today's partial fuel cycle to something more complete, impact of technology deployments, location of choke points, the key time lags, when benefits can manifest, and how well parts of fuel cycles work together. This report summarizes the readiness of existing Fuel Cycle Technology (FCT) tools and data for conducting dynamic analyses on the range of options. VISION is the primary dynamic analysis tool. Not only does it model mass flows, as do other dynamic system analysis models, but it allows users to explore various potential constraints. The only fuel cycle for which constraints are not important are those in concept advocates PowerPoint presentations; in contrast, comparative analyses of fuel cycles must address what constraints exist and how they could impact performance. The most immediate tool need is extending VISION to the thorium/U233 fuel cycle. Depending on further clarification of waste management strategies in general and for specific fuel cycle candidates, waste management sub-models in VISION may need enhancement, e.g., more on 'co-flows' of non-fuel materials, constraints in waste streams, or automatic classification of waste streams on the basis of user-specified rules. VISION originally had an economic sub-model. The economic calculations were deemed unnecessary in later versions so it was retired. Eventually, the program will need to restore and improve the economics sub-model of VISION to at least the cash flow stage and possibly to incorporating cost constraints and feedbacks. There are multiple sources of data that dynamic analyses can draw on. In this report, 'data' means experimental data, data from more detailed

[Cost-Effectiveness and Cost-Utility Analyses of Antireflux Medicine].

Science.gov (United States)

Gockel, Ines; Lange, Undine Gabriele; Schürmann, Olaf; Jansen-Winkeln, Boris; Sibbel, Rainer; Lyros, Orestis; von Dercks, Nikolaus

2018-04-12

Laparoscopic antireflux surgery and medical therapy with proton pump inhibitors are gold standards of gastroesophageal reflux treatment. On account of limited resources and increasing healthcare needs and costs, in this analysis, not only optimal medical results, but also superiority in health economics of these 2 methods are evaluated. We performed an electronic literature survey in MEDLINE, PubMed, Cochrane Library, ISRCTN (International Standard Randomization Controlled Trial Number) as well as in the NHS Economic Evaluation Database, including studies published until 1/2017. Only studies considering the effect size of QALY (Quality-Adjusted Life Years) (with respect to different quality of life-scores) as primary outcome comparing laparoscopic fundoplication and medical therapy were included. Criteria of comparison were ICER (Incremental Cost-Effectiveness Ratio) and ICUR (Incremental Cost-Utility Ratio). Superiority of the respective treatment option for each publication was worked out. In total, 18 comparative studies were identified in the current literature with respect to above-mentioned search terms, qualifying for the defined inclusion criteria. Six studies were finally selected for analyses. Out of 6 publications, 3 showed superiority of laparoscopic fundoplication over long-term medical management based on current cost-effectiveness data. Limitations were related to different time intervals, levels of evidence of studies and underlying resources/costs of analyses, healthcare systems and applied quality of life instruments. Future prospective, randomized trials should examine this comparison in greater detail. Additionally, there is a large potential for further research in the health economics assessment of early diagnosis and prevention measures of reflux disease and Barrett's esophagus/carcinoma. © Georg Thieme Verlag KG Stuttgart · New York.

Generality in nanotechnologies and its relationship to economic performance

Science.gov (United States)

Gomez Baquero, Fernando

In the history if economic analysis there is perhaps no more important question than the one of how economic development is achieved. For more than a century, economists have explored the role of technology in economic growth but there is still much to be learned about the effect that technologies, in particular emerging ones, have on economic growth and productivity. The objective of this research is to understand the relationship between nanotechnologies and economic growth and productivity, using the theory of General Purpose Technology (GPT)-driven economic growth. To do so, the Generality Index (calculated from patent data) was used to understand the relative pervasiveness of nanotechnologies. The analysis of trends and patterns of Generality Index, using the largest group of patents since the publication of the NBER Patent Database, indicates that nanotechnologies possess a higher average Generality than other technological groups. Next, the relationship between the Generality Index and Total Factor Productivity (TFP) was studied using econometric analysis. Model estimates indicate that the variation in Generality for the group of nanotechnologies can explain a large proportion of the variation in TFP. However, the explanatory power of the entire set of patents (not just nanotechnologies) is larger and corresponds better to the expected theoretical models. Additionally, there is a negative short-run relationship between Generality and TFP, conflicting with part of the theoretical GPT-models. Finally, the relationship between the Generality of nanotechnologies and policy-driven investment events, such as R&D investments and grant awards, was studied using econometric methods. The statistical evidence suggests that NSF awards are related to technologies with higher Generality, while NIH awards and NNI investments are related to a lower average Generality. Overall, results of this research work indicate that the introduction of pervasive technologies into an

Thermal design and technical economical and environmental analyses of a hydrogen fired multi-objective cogeneration system

International Nuclear Information System (INIS)

Durmaz, A; Yilmazoglu, M. Z.; Pasoglu, A.

2007-01-01

Approximately 85% of rapidly increasing world energy demand is supplied by fossil fuels. Extreme usage of fossil fuels causes serious global warming and environmental problems in form of air, soil and water pollutions. The period, in which fossil fuel reserves are decreasing, energy costs are increasing rapidly and new energy sources and technologies do not exist on the horizon, can be called as the expensive and critical energy period. Hydrogen becomes a matter of primary importance as a candidate energy source and carrier in the critical energy period and beyond to solve the energy and environmental problems radically. In this respect, the main obstacle for the use of hydrogen is the high cost of hydrogen production, which is expected to be decreased in the feature. The aim of this study is to examine how hydrogen energy will be able to be integrated with the existing energy substructure with technical and economical dimensions. In this sense, a multi objective hydrogen fired gas turbine cogeneration system is designed and optimized. Technical and economical analyses depending on the load conditions and different hydrogen production cost are carried out. It is possible that the co-generated heat is to be marketed for residence and industrial plants in the surrounding at or under market prices. The produced electricity however can only be sold to the public grid at a high unit support price which is only obtainable in case of the development of new energy technologies. This price should however be kept within the nowadays supportable energy price range. The main mechanism to be used during the design stage of the system to achieve this goal is to decrease the amortization and operational costs which lead to decrease investment and fuel costs and to increase the system load factor and co-generated heat revenues

Economic, ecological, and social performance of conventional and organic broiler production in the Netherlands.

Science.gov (United States)

Bokkers, E A M; de Boer, I J M

2009-09-01

1. In this study, we compared a conventional broiler production system keeping fast growing broilers with an organic broiler production system keeping slow growing broilers in the Netherlands, both managed by one person working a full time year (Full Time Equivalent, FTE). This comparison was based on a quantification of economic, ecological and social indicators. Indicators were quantified using scientific literature and national data sets. 2. The organic system performed better for the economic indicator net farm income per FTE than the conventional system. 3. Regarding ecological indicators, calculations showed a higher on-farm emission of ammonia per kg live weight for the organic system. Moreover, an organic system includes a higher risk for eutrophication per ha due to outdoor access. Emission of green house gasses, use of fossil fuels and use of land required for the production of one kg of live weight is higher for an organic than for a conventional system. This is mainly due to a lower feed conversion in organic production and use of organic feed. 4. The organic system performed better than the conventional system for the social indicators related to animal welfare time spent on walking, footpad lesions, mortality, and sound legs. Regarding the social indicator food safety was found that meat from an organic system contained less antibiotic residues and Salmonella contaminations but more Campylobacter contaminations than meat from a conventional system. 5. Changing from a conventional to an organic broiler production system, therefore, not only affects animal welfare, but also affects economic, ecological and other social issues. In this study, we ran into the situation that some information needed was lacking in literature and quantifications had to be based upon several sources. Therefore, an integrated on-farm assessment is needed, which can be used to develop a broiler production system that is economically profitable, ecologically sound, and

Exergy, exergoeconomic and environmental analyses and evolutionary algorithm based multi-objective optimization of combined cycle power plants

International Nuclear Information System (INIS)

Ahmadi, Pouria; Dincer, Ibrahim; Rosen, Marc A.

2011-01-01

A comprehensive exergy, exergoeconomic and environmental impact analysis and optimization is reported of several combined cycle power plants (CCPPs). In the first part, thermodynamic analyses based on energy and exergy of the CCPPs are performed, and the effect of supplementary firing on the natural gas-fired CCPP is investigated. The latter step includes the effect of supplementary firing on the performance of bottoming cycle and CO 2 emissions, and utilizes the first and second laws of thermodynamics. In the second part, a multi-objective optimization is performed to determine the 'best' design parameters, accounting for exergetic, economic and environmental factors. The optimization considers three objective functions: CCPP exergy efficiency, total cost rate of the system products and CO 2 emissions of the overall plant. The environmental impact in terms of CO 2 emissions is integrated with the exergoeconomic objective function as a new objective function. The results of both exergy and exergoeconomic analyses show that the largest exergy destructions occur in the CCPP combustion chamber, and that increasing the gas turbine inlet temperature decreases the CCPP cost of exergy destruction. The optimization results demonstrates that CO 2 emissions are reduced by selecting the best components and using a low fuel injection rate into the combustion chamber. -- Highlights: → Comprehensive thermodynamic modeling of a combined cycle power plant. → Exergy, economic and environmental analyses of the system. → Investigation of the role of multiobjective exergoenvironmental optimization as a tool for more environmentally-benign design.

The Economic Crisis and Sustainable Development

DEFF Research Database (Denmark)

Lund, Henrik; Hvelplund, Frede

2012-01-01

of sustainable energy solutions involves the replacement of imported fossil fuels by substantial investments in energy conservation and renewable energy (RE). In such situation, it becomes increasingly essential to develop economic thinking and economic models that can analyse the concrete institutions in which......This paper presents Concrete Institutional Economics as an economic paradigm to understand how the wish for sustainable energy in times of economiccrisis can be used to generate jobs as well as economic growth. In most countries, including European countries, the USA and China, the implementation...

Thermo economical evaluation of retrofitting strategies in air conditioning systems

Energy Technology Data Exchange (ETDEWEB)

Tribess, Arlindo; Fiorelli, Flavio Augusto Sanzogo; Hernandez Neto, Alberto [Sao Paulo Univ., SP (Brazil). Escola Politecnica. Dept. de Engenharia Mecanica]. E-mail: atribess@usp.br; fiorelli@usp.br; ahneto@usp.br

2000-07-01

In a building project, several subsystems are designed, among them the air conditioning system. Electrical energy consumption profiles show that this subsystem is responsible for 40 to 50% of total consumption in a commercial building. Besides the study of technical aspects that should be considered in order to assure the thermal comfort of the occupants as well the temperature and humidity conditions for an efficient equipment operation, an economical evaluation of this subsystem should be also made. In retrofit projects, the economical aspect is also critical for such projects in order to assure bigger efficiency in an economically attractive way. This paper analyses some strategies that might be adopted in retrofitting an air conditioning system installed in a commercial building with mixed occupation. By mixed we mean that some floors have a typical office occupation profile and other floors are mainly occupied by electronic equipment. This analysis includes both technical and economical evaluation. The proposed solutions performance are compared to the old system, which allows to verify the retrofitting impact in energy consumption reduction and its economical feasibility. (author)

Performance and Economic Analysis of Distributed Power Electronics in Photovoltaic Systems

Energy Technology Data Exchange (ETDEWEB)

Deline, C.; Marion, B.; Granata, J.; Gonzalez, S.

2011-01-01

Distributed electronics like micro-inverters and DC-DC converters can help recover mismatch and shading losses in photovoltaic (PV) systems. Under partially shaded conditions, the use of distributed electronics can recover between 15-40% of annual performance loss or more, depending on the system configuration and type of device used. Additional value-added features may also increase the benefit of using per-panel distributed electronics, including increased safety, reduced system design constraints and added monitoring and diagnostics. The economics of these devices will also become more favorable as production volume increases, and integration within the solar panel?s junction box reduces part count and installation time. Some potential liabilities of per-panel devices include increased PV system cost, additional points of failure, and an insertion loss that may or may not offset performance gains under particular mismatch conditions.

Evaluating transient performance of servo mechanisms by analysing stator current of PMSM

Science.gov (United States)

Zhang, Qing; Tan, Luyao; Xu, Guanghua

2018-02-01

Smooth running and rapid response are the desired performance goals for the transient motions of servo mechanisms. Because of the uncertain and unobservable transient behaviour of servo mechanisms, it is difficult to evaluate their transient performance. Under the effects of electromechanical coupling, the stator current signals of a permanent-magnet synchronous motor (PMSM) potentially contain the performance information regarding servo mechanisms in use. In this paper, a novel method based on analysing the stator current of the PMSM is proposed for quantifying the transient performance. First, a vector control model is constructed to simulate the stator current behaviour in the transient processes of consecutive speed changes, consecutive load changes, and intermittent start-stops. It is discovered that the amplitude and frequency of the stator current are modulated by the transient load torque and motor speed, respectively. The stator currents under different performance conditions are also simulated and compared. Then, the stator current is processed using a local means decomposition (LMD) algorithm to extract the instantaneous amplitude and instantaneous frequency. The sample entropy of the instantaneous amplitude, which reflects the complexity of the load torque variation, is calculated as a performance indicator of smooth running. The peak-to-peak value of the instantaneous frequency, which defines the range of the motor speed variation, is set as a performance indicator of rapid response. The proposed method is applied to both simulated data in an intermittent start-stops process and experimental data measured for a batch of servo turrets for turning lathes. The results show that the performance evaluations agree with the actual performance.

A Proposal of Ecologic Taxes Based on Thermo-Economic Performance of Heat Engine Models

Directory of Open Access Journals (Sweden)

Fernando Angulo-Brown

2009-11-01

Full Text Available Within the context of Finite-Time Thermodynamics (FTT a simplified thermal power plant model (the so-called Novikov engine is analyzed under economical criteria by means of the concepts of profit function and the costs involved in the performance of the power plant. In this study, two different heat transfer laws are used, the so called Newton’s law of cooling and the Dulong-Petit’s law of cooling. Two FTT optimization criteria for the performance analysis are used: the maximum power regime (MP and the so-called ecological criterion. This last criterion leads the engine model towards a mode of performance that appreciably diminishes the engine’s wasted energy. In this work, it is shown that the energy-unit price produced under maximum power conditions is cheaper than that produced under maximum ecological (ME conditions. This was accomplished by using a typical definition of profits function stemming from economics. The MP-regime produces considerably more wasted energy toward the environment, thus the MP energy-unit price is subsidized by nature. Due to this fact, an ecological tax is proposed, which could be a certain function of the price difference between the MP and ME modes of power production.

A proposal of ecologic taxes based on thermo-economic performance of heat engine models

Energy Technology Data Exchange (ETDEWEB)

Barranco-Jimenez, M. A. [Departamento de Ciencias Basicas, Escuela Superior de Computo del IPN, Av. Miguel Bernal Esq. Juan de Dios Batiz U.P. Zacatenco CP 07738, D.F. (Mexico); Ramos-Gayosso, I. [Unidad de Administracion de Riesgos, Banco de Mexico, 5 de Mayo, Centro, D.F. (Mexico); Rosales, M. A. [Departamento de Fisica y Matematicas, Universidad de las Americas, Puebla Exhacienda Sta. Catarina Martir, Cholula 72820, Puebla (Mexico); Angulo-Brown, F. [Departamento de Fisica, Escuela Superior de Fisica y Matematicas del IPN, Edif. 9 U.P. Zacatenco CP 07738, D.F. (Mexico)

2009-07-01

Within the context of Finite-Time Thermodynamics (FTT) a simplified thermal power plant model (the so-called Novikov engine) is analyzed under economical criteria by means of the concepts of profit function and the costs involved in the performance of the power plant. In this study, two different heat transfer laws are used, the so called Newton's law of cooling and the Dulong-Petit's law of cooling. Two FTT optimization criteria for the performance analysis are used: the maximum power regime (MP) and the so-called ecological criterion. This last criterion leads the engine model towards a mode of performance that appreciably diminishes the engine's wasted energy. In this work, it is shown that the energy-unit price produced under maximum power conditions is cheaper than that produced under maximum ecological (ME) conditions. This was accomplished by using a typical definition of profits function stemming from economics. The MP-regime produces considerably more wasted energy toward the environment, thus the MP energy-unit price is subsidized by nature. Due to this fact, an ecological tax is proposed, which could be a certain function of the price difference between the MP and ME modes of power production. (author)

Essays on economics of language and family economics

NARCIS (Netherlands)

Yao, Yuxin

2017-01-01

The thesis consists of four chapters in economics of language and family economics. Chapter 2 studies how language problems in Dutch affect labor market performance on immigrants. Chapter 3 investigates the effect of dialect-speaking on native Dutch residents. Chapter 4 studies the effects of

WOMEN'S AGE AT FIRST MARRIAGE AND LONG-TERM ECONOMIC EMPOWERMENT IN EGYPT.

Science.gov (United States)

Yount, Kathryn M; Crandall, AliceAnn; Cheong, Yuk Fai

2018-02-01

Sustainable Development Goal (SDG) 5 calls on nations to promote gender equality and to empower women and girls. SDG5 also recognizes the value of women's economic empowerment, entailing equal rights to economic resources and full participation at all levels in economic decisions. Also according to SDG5, eliminating harmful practices-such as child marriage before age 18-is a prerequisite for women's economic empowerment. Using national data for 4,129 married women 15-43 years who took part in the Egypt Labor Market Panel Survey (ELMPS 1998-2012), we performed autoregressive, cross-lagged panel analyses to assess whether women's first marriage in adulthood (at 18 years or older, as reported in 2006), was positively associated with their long-term post-marital economic empowerment, measured as their engagement in market work and latent family economic agency in 2012. Women's first marriage in adulthood had positive unadjusted associations with their market work and family economic agency in 2012. These associations persisted after accounting for market work and family economic agency in 2006, pre-marital resources for empowerment, and cumulative fertility. Policies to discourage child marriage may show promise to enhance women's long-term post-marital economic empowerment.

Disturbance rejection performance analyses of closed loop control systems by reference to disturbance ratio.

Science.gov (United States)

Alagoz, Baris Baykant; Deniz, Furkan Nur; Keles, Cemal; Tan, Nusret

2015-03-01

This study investigates disturbance rejection capacity of closed loop control systems by means of reference to disturbance ratio (RDR). The RDR analysis calculates the ratio of reference signal energy to disturbance signal energy at the system output and provides a quantitative evaluation of disturbance rejection performance of control systems on the bases of communication channel limitations. Essentially, RDR provides a straightforward analytical method for the comparison and improvement of implicit disturbance rejection capacity of closed loop control systems. Theoretical analyses demonstrate us that RDR of the negative feedback closed loop control systems are determined by energy spectral density of controller transfer function. In this manner, authors derived design criteria for specifications of disturbance rejection performances of PID and fractional order PID (FOPID) controller structures. RDR spectra are calculated for investigation of frequency dependence of disturbance rejection capacity and spectral RDR analyses are carried out for PID and FOPID controllers. For the validation of theoretical results, simulation examples are presented. Copyright © 2014 ISA. Published by Elsevier Ltd. All rights reserved.

A crowdsourced nickel-and-dime approach to analog OBM research: A behavioral economic framework for understanding workforce attrition.

Science.gov (United States)

Henley, Amy J; DiGennaro Reed, Florence D; Reed, Derek D; Kaplan, Brent A

2016-09-01

Incentives are a popular method to achieve desired employee performance; however, research on optimal incentive magnitude is lacking. Behavioral economic demand curves model persistence of responding in the face of increasing cost and may be suitable to examine the reinforcing value of incentives on work performance. The present use-inspired basic study integrated an experiential human operant task within a crowdsourcing platform to evaluate the applicability of behavioral economics for quantifying changes in workforce attrition. Participants included 88 Amazon Mechanical Turk Workers who earned either a $0.05 or $0.10 incentive for completing a progressively increasing response requirement. Analyses revealed statistically significant differences in breakpoint between the two groups. Additionally, a novel translation of the Kaplan-Meier survival-curve analyses for use within a demand curve framework allowed for examination of elasticity of workforce attrition. Results indicate greater inelastic attrition in the $0.05 group. We discuss the benefits of a behavioral economic approach to modeling employee behavior, how the metrics obtained from the elasticity of workforce attrition analyses (e.g., P max ) may be used to set goals for employee behavior while balancing organizational costs, and how economy type may have influenced observed outcomes. © 2016 Society for the Experimental Analysis of Behavior.

The Music Industry as a Vehicle for Economic Analysis

Science.gov (United States)

Klein, Christopher C.

2015-01-01

Issues arising in the music industry in response to the availability of digital music files provide an opportunity for exposing undergraduate students to economic analyses rarely covered in the undergraduate economics curriculum. Three of these analyses are covered here: the optimal copyright term, the effect of piracy or illegal file sharing, and…

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

Directory of Open Access Journals (Sweden)

Boldea Monica

2012-07-01

Full Text Available Any activity requires the presence of labor resources. If centuries ago the concept was that their presence was enough, now it takes a lot more. Moreover, since Aristotle the issue was taking into consideration all aspects of the community life that can lead to a "better life". In the current conditions we may consider resources in the broader context of the human factor and of the relations established within a society. Thus social capital was conceptualized. As opportunities of economic growth - based purely on the quantitative aspects of the determinants – were limited, the need occurred to reconsider the qualitative and structural components. Social capital considers a number of the integrative components of social life. These refer to the relations established at family level up to the level of societal institutions. It is necessary that these relationships be well established, and for the proper performance it is necessary that aspects of education and health should be properly valued and assessed. This helps setting up strong institutions. Developed countries have the ability to create a proper environment for the manifestations of social capital; in these countries one can observe the growing importance of formal and more impersonal relations. But this just reinforces the occurrence and development of economic activities based on efficiency criteria leading to the countries’ economic development. The interpretations of economic development issues have undergone changes in recent decades. If previously it was considered that the essential difference between rich and poor countries is reflected in the amount of physical capital per person, later on the concept of capital has been expanded to include as well human capital, the lack of which was considered a serious obstacle to development, particularly in the case of poor countries. And given the fact that the transactions within an economic system take place in an

Economic burden and cost-effective management of Clostridium difficile infections.

Science.gov (United States)

Heimann, S M; Cruz Aguilar, M R; Mellinghof, S; Vehreschild, M J G T

2018-02-01

Clostridium difficile infection (CDI) is the most important cause of healthcare-associated infectious diarrhea in industrialized countries. We performed a literature review of the overall economic burden of initial and recurrent CDI as well as of the cost-effectiveness of the various treatment strategies applied in these settings. Even though analysis of health economic data is complicated by the limited comparability of results, our review identified several internationally consistent results. Authors from different countries have shown that recurrent CDI disproportionally contributes to the overall economic burden of CDI and therefore offers considerable saving potential. Subsequent cost-effectiveness analyses almost exclusively identified fidaxomicin as the preferred treatment option for initial CDI and fecal microbiota transplant (FMT) for recurrent CDI. Among the various FMT protocols, optimum results were obtained using early colonoscopy-based FMT. Copyright © 2017 Elsevier Masson SAS. All rights reserved.

The Impact of Capital Structure on Economic Capital and Risk Adjusted Performance

OpenAIRE

Porteous, Bruce; Tapadar, Pradip

2008-01-01

The impact that capital structure and capital asset allocation have on financial services firm economic capital and risk adjusted performance is considered. A stochastic modelling approach is used in conjunction with banking and insurance examples. It is demonstrated that gearing up Tier 1 capital with Tier 2 capital can be in the interests of bank Tier 1 capital providers, but may not always be so for insurance Tier 1 capital providers. It is also shown that, by allocating a bank or insuranc...

Finite element analyses for seismic shear wall international standard problem

International Nuclear Information System (INIS)

Park, Y.J.; Hofmayer, C.H.

1998-04-01

Two identical reinforced concrete (RC) shear walls, which consist of web, flanges and massive top and bottom slabs, were tested up to ultimate failure under earthquake motions at the Nuclear Power Engineering Corporation's (NUPEC) Tadotsu Engineering Laboratory, Japan. NUPEC provided the dynamic test results to the OECD (Organization for Economic Cooperation and Development), Nuclear Energy Agency (NEA) for use as an International Standard Problem (ISP). The shear walls were intended to be part of a typical reactor building. One of the major objectives of the Seismic Shear Wall ISP (SSWISP) was to evaluate various seismic analysis methods for concrete structures used for design and seismic margin assessment. It also offered a unique opportunity to assess the state-of-the-art in nonlinear dynamic analysis of reinforced concrete shear wall structures under severe earthquake loadings. As a participant of the SSWISP workshops, Brookhaven National Laboratory (BNL) performed finite element analyses under the sponsorship of the U.S. Nuclear Regulatory Commission (USNRC). Three types of analysis were performed, i.e., monotonic static (push-over), cyclic static and dynamic analyses. Additional monotonic static analyses were performed by two consultants, F. Vecchio of the University of Toronto (UT) and F. Filippou of the University of California at Berkeley (UCB). The analysis results by BNL and the consultants were presented during the second workshop in Yokohama, Japan in 1996. A total of 55 analyses were presented during the workshop by 30 participants from 11 different countries. The major findings on the presented analysis methods, as well as engineering insights regarding the applicability and reliability of the FEM codes are described in detail in this report. 16 refs., 60 figs., 16 tabs

How economic empowerment reduces women's reproductive health vulnerability in Tanzania

NARCIS (Netherlands)

Westeneng, J.; D'Exelle, B.S.H.

2015-01-01

This article uses data from Northern Tanzania to analyse how economic empowerment helps women reduce their reproductive health (RH) vulnerability. It analyses the effect of women's employment and economic contribution to their household on health care use at three phases in the reproductive cycle:

The impact of class absenteeism on undergraduates’ academic performance: evidence from an elite Economics school in Portugal

OpenAIRE

Aurora A.C. Teixeira

2013-01-01

The empirical literature focusing mainly on the USA suggests that class absenteeism undermines students’ academic performance and that an enforced mandatory attendance policy may be beneficial. Based on a different cultural and economic context, and using data on 146 second-year management students enrolled in a Macroeconomics course at an elite economics school in Portugal, it is shown that even when controlling for potential endogenous factors associated to attendance and academic performan...

Performance, Economics of Production and Carcass Characteristics ...

African Journals Online (AJOL)

%, T50% and ... in terms of reduced cost of feeding per weight gain, commensurate revenue generation, gross margin ... Hence for better economic efficiency of broiler production and adoption of feed restriction ... AJOL African Journals Online.

Forecasting performances of three automated modelling techniques during the economic crisis 2007-2009

DEFF Research Database (Denmark)

Kock, Anders Bredahl; Teräsvirta, Timo

2014-01-01

. The performances of these three model selectors are compared by looking at the accuracy of the forecasts of the estimated neural network models. We apply the neural network model and the three modelling techniques to monthly industrial production and unemployment series from the G7 countries and the four......In this work we consider the forecasting of macroeconomic variables during an economic crisis. The focus is on a specific class of models, the so-called single hidden-layer feed-forward autoregressive neural network models. What makes these models interesting in the present context is the fact...... that they form a class of universal approximators and may be expected to work well during exceptional periods such as major economic crises. Neural network models are often difficult to estimate, and we follow the idea of White (2006) of transforming the specification and nonlinear estimation problem...

Economic performance of irrigation capacity development to adapt to climate in the American Southwest

Science.gov (United States)

Ward, Frank A.; Crawford, Terry L.

2016-09-01

Growing demands for food security to feed increasing populations worldwide have intensified the search for improved performance of irrigation, the world's largest water user. These challenges are raised in the face of climate variability and from growing environmental demands. Adaptation measures in irrigated agriculture include fallowing land, shifting cropping patterns, increased groundwater pumping, reservoir storage capacity expansion, and increased production of risk-averse crops. Water users in the Gila Basin headwaters of the U.S. Lower Colorado Basin have faced a long history of high water supply fluctuations producing low-valued defensive cropping patterns. To date, little research grade analysis has investigated economically viable measures for irrigation development to adjust to variable climate. This gap has made it hard to inform water resource policy decisions on workable measures to adapt to climate in the world's dry rural areas. This paper's contribution is to illustrate, formulate, develop, and apply a new methodology to examine the economic performance from irrigation capacity improvements in the Gila Basin of the American Southwest. An integrated empirical optimization model using mathematical programming is developed to forecast cropping patterns and farm income under two scenarios (1) status quo without added storage capacity and (2) with added storage capacity in which existing barriers to development of higher valued crops are dissolved. We find that storage capacity development can lead to a higher valued portfolio of irrigation production systems as well as more sustained and higher valued farm livelihoods. Results show that compared to scenario (1), scenario (2) increases regional farm income by 30%, in which some sub regions secure income gains exceeding 900% compared to base levels. Additional storage is most economically productive when institutional and technical constraints facing irrigated agriculture are dissolved. Along with

Towards an economics of well-being

NARCIS (Netherlands)

McGregor, J.A.; Pouw, N.

2017-01-01

There is growing concern that presently dominant frameworks in economics no longer provide a way of adequately addressing and analysing the problems of today’s globalising and rapidly changing world. This article makes a number of fundamental proposals about how we might reframe economics to move it

Measuring Economic Abuse in the Lives of Survivors: Revising the Scale of Economic Abuse.

Science.gov (United States)

Postmus, Judy L; Plummer, Sara-Beth; Stylianou, Amanda M

2016-05-01

Recent attention has been given by researchers to understanding how abusers use economic abuse strategies. Unfortunately, limited measures are available to accurately understand the prevalence of economic abuse in the lives of survivors. Recently, researchers created the 28-item Scale of Economic Abuse (SEA) but further validation is needed. This article describes the psychometric evaluation of the SEA through confirmatory and exploratory factor analyses using data collected with 120 survivors of abuse. The findings provide evidence for the reliability and validity of the SEA-12 as a shorter instrument to measure economic abuse as a distinct form of abuse. © The Author(s) 2015.

Performance and techno-economic assessment of several solid-liquid separation technologies for processing dilute-acid pretreated corn stover.

Science.gov (United States)

Sievers, David A; Tao, Ling; Schell, Daniel J

2014-09-01

Solid-liquid separation of pretreated lignocellulosic biomass slurries is a critical unit operation employed in several different processes for production of fuels and chemicals. An effective separation process achieves good recovery of solute (sugars) and efficient dewatering of the biomass slurry. Dilute acid pretreated corn stover slurries were subjected to pressure and vacuum filtration and basket centrifugation to evaluate the technical and economic merits of these technologies. Experimental performance results were used to perform detailed process simulations and economic analysis using a 2000 tonne/day biorefinery model to determine differences between the various filtration methods and their process settings. The filtration processes were able to successfully separate pretreated slurries into liquor and solid fractions with estimated sugar recoveries of at least 95% using a cake washing process. A continuous vacuum belt filter produced the most favorable process economics. Copyright © 2014 Elsevier Ltd. All rights reserved.

Comparative economic value added on Southeast Asian banking industry

Directory of Open Access Journals (Sweden)

Lintang Dewanti

2017-03-01

Full Text Available This study analyses the bank's performance comparison across countries in some ASEAN members which are listed in the stock exchange, as well as to analyse the influence of Economic Value Added (EVA and some financial ratios on the company stock return. Analysis suggests some results. In Indonesia, Thailand and the Philippines, the movement of EVA follows the movement of Gross Domestic Product (GDP. This study also finds that Earning per Share (EPS, only in Singapore, and Return on Equity (ROE and Return on Assets (ROA, only in the Philippines, have an influence on stock return. Only in the Philippines where EVA together with ROA has an effect on stock return.

Towards Culture 3.0 - Performative space in the public library

DEFF Research Database (Denmark)

Jochumsen, Henrik; Skot-Hansen, Dorte; Rasmussen, Casper Hvenegaard

2015-01-01

The aim of this article is to analyse and discuss the development of performative spaces in public libraries from a cultural policy perspective. First, a framework of three concepts of culture, 1.0–3.0, is used as a tool to analyse the overall development of public libraries. Against...... this background, we introduce the notion of performative spaces in public libraries by highlighting Nordic examples. The tendency can also be seen on a broader level in European and North American libraries, where a ‘performative turn’ can be seen as the relationship between the library and its users, especially...... the younger ‘digital natives’. The rationales behind the emergence of performative spaces in public libraries are analysed and discussed: democratisation, empowerment and economic impact. This article concludes that the performative spaces are legitimized by multiple rationales in the same way as cultural...

Thermodynamic and thermoeconomic analyses of seawater reverse osmosis desalination plant with energy recovery

International Nuclear Information System (INIS)

El-Emam, Rami Salah; Dincer, Ibrahim

2014-01-01

This paper investigates the performance of a RO (reverse osmosis) desalination plant at different seawater salinity values. An energy recovery Pelton turbine is integrated with the desalination plant. Thermodynamic analysis, based on the first and second laws of thermodynamics, as well as a thermo-based economic analysis is performed for the proposed system. The effects of the system components irreversibilities on the economics and cost of product water are parametrically studied through the thermoeconomic analysis. The exergy analysis shows that large irreversibilities occur in the high pressure pump and in the RO module. Both thermodynamic and thermoeconomic performances of the overall system are investigated under different operating parameters. For the base case; the system achieves an exergy efficiency of 5.82%. The product cost is estimated to be 2.451 $/m 3 and 54.2 $/MJ when source water with salinity of 35,000 ppm is fed to the system. - Highlights: • Thermodynamic and exergoeconomic analyses are performed for SWRO with energy recovery. • Parametric studies are done to study effects of operating conditions on performance. • Different seawater sources with different salinity values are tested. • At base case, plant exergy efficiency is 5.82% and product cost is 2.451 $/m 3

Economics of Sustainable Development. Competitiveness and Economic Growth

Directory of Open Access Journals (Sweden)

Dorel AILENEI

2011-02-01

Full Text Available Economic growth is one of the most important issues of humanity. Both in national economies and world economy, recession and prosperity periods are regularly succeeding with different amplitudes. But beyond these fluctuations and their effects, the results are important: performance and economic growth. Because of the problematical issue of economic growth, the authors are trying to critically reflect on the economic growth concept and on its implications on the praxis area. Although there is a large literature about economic growth modeling, it is intriguing that there still are some serious obstacles for conceptualization and praxis. Only the simple fact that the economic growth process needs serious thinking on the time dimension is sufficient for understanding the real difficulties of this problematical issue. As for the economic growth praxis, a clear analysis of the interests system within an economy is needed. Without trying to find miraculous solutions for the economic growth issue, the authors suggest a clear and correct analysis of this important subject.