WorldWideScience

Sample records for economic equilibrium analysis

  1. Non-equilibrium Economics

    Directory of Open Access Journals (Sweden)

    Katalin Martinás

    2007-02-01

    Full Text Available A microeconomic, agent based framework to dynamic economics is formulated in a materialist approach. An axiomatic foundation of a non-equilibrium microeconomics is outlined. Economic activity is modelled as transformation and transport of commodities (materials owned by the agents. Rate of transformations (production intensity, and the rate of transport (trade are defined by the agents. Economic decision rules are derived from the observed economic behaviour. The non-linear equations are solved numerically for a model economy. Numerical solutions for simple model economies suggest that the some of the results of general equilibrium economics are consequences only of the equilibrium hypothesis. We show that perfect competition of selfish agents does not guarantee the stability of economic equilibrium, but cooperativity is needed, too.

  2. Partially wrong? Partial equilibrium and the economic analysis of public health emergencies of international concern.

    Science.gov (United States)

    Beutels, P; Edmunds, W J; Smith, R D

    2008-11-01

    We argue that traditional health economic analysis is ill-equipped to estimate the cost effectiveness and cost benefit of interventions that aim at controlling and/or preventing public health emergencies of international concern (such as pandemic influenza or severe acute respiratory syndrome). The implicit assumption of partial equilibrium within both the health sector itself and--if a wider perspective is adopted--the economy as a whole would be violated by such emergencies. We propose an alternative, with the specific aim of accounting for the behavioural changes and capacity problems that are expected to occur when such an outbreak strikes. Copyright (c) 2008 John Wiley & Sons, Ltd.

  3. The mineral sector and economic development in Ghana: A computable general equilibrium analysis

    Science.gov (United States)

    Addy, Samuel N.

    A computable general equilibrium model (CGE) model is formulated for conducting mineral policy analysis in the context of national economic development for Ghana. The model, called GHANAMIN, places strong emphasis on production, trade, and investment. It can be used to examine both micro and macro economic impacts of policies associated with mineral investment, taxation, and terms of trade changes, as well as mineral sector performance impacts due to technological change or the discovery of new deposits. Its economywide structure enables the study of broader development policy with a focus on individual or multiple sectors, simultaneously. After going through a period of contraction for about two decades, mining in Ghana has rebounded significantly and is currently the main foreign exchange earner. Gold alone contributed 44.7 percent of 1994 total export earnings. GHANAMIN is used to investigate the economywide impacts of mineral tax policies, world market mineral prices changes, mining investment, and increased mineral exports. It is also used for identifying key sectors for economic development. Various simulations were undertaken with the following results: Recently implemented mineral tax policies are welfare increasing, but have an accompanying decrease in the output of other export sectors. World mineral price rises stimulate an increase in real GDP; however, this increase is less than real GDP decreases associated with price declines. Investment in the non-gold mining sector increases real GDP more than investment in gold mining, because of the former's stronger linkages to the rest of the economy. Increased mineral exports are very beneficial to the overall economy. Foreign direct investment (FDI) in mining increases welfare more so than domestic capital, which is very limited. Mining investment and the increased mineral exports since 1986 have contributed significantly to the country's economic recovery, with gold mining accounting for 95 percent of the

  4. Economic Equilibrium and Soviet Economic Reform

    OpenAIRE

    Herbert E. Scarf

    1991-01-01

    The paper, prepared for a Roundtable on Major Economic Problems in the U.S. and the U.S.S.R., discusses some aspects of price theory ñ in particular, the theory of general equilibrium -ñ which may offer some theoretical insights about the economic problems to be encountered during the transition from Socialism to private markets in the Soviet Union.

  5. Social incidence and economic costs of carbon limits; A computable general equilibrium analysis for Switzerland

    Energy Technology Data Exchange (ETDEWEB)

    Stephan, G.; Van Nieuwkoop, R.; Wiedmer, T. (Institute for Applied Microeconomics, Univ. of Bern (Switzerland))

    1992-01-01

    Both distributional and allocational effects of limiting carbon dioxide emissions in a small and open economy are discussed. It starts from the assumption that Switzerland attempts to stabilize its greenhouse gas emissions over the next 25 years, and evaluates costs and benefits of the respective reduction programme. From a methodological viewpoint, it is illustrated how a computable general equilibrium approach can be adopted for identifying economic effects of cutting greenhouse gas emissions on the national level. From a political economy point of view it considers the social incidence of a greenhouse policy. It shows in particular that public acceptance can be increased and economic costs of greenhouse policies can be reduced, if carbon taxes are accompanied by revenue redistribution. 8 tabs., 1 app., 17 refs.

  6. Assessing economic impacts of China's water pollution mitigation measures through a dynamic computable general equilibrium analysis

    International Nuclear Information System (INIS)

    Qin Changbo; Jia Yangwen; Wang Hao; Bressers, Hans T A; Su, Z

    2011-01-01

    In this letter, we apply an extended environmental dynamic computable general equilibrium model to assess the economic consequences of implementing a total emission control policy. On the basis of emission levels in 2007, we simulate different emission reduction scenarios, ranging from 20 to 50% emission reduction, up to the year 2020. The results indicate that a modest total emission reduction target in 2020 can be achieved at low macroeconomic cost. As the stringency of policy targets increases, the macroeconomic cost will increase at a rate faster than linear. Implementation of a tradable emission permit system can counterbalance the economic costs affecting the gross domestic product and welfare. We also find that a stringent environmental policy can lead to an important shift in production, consumption and trade patterns from dirty sectors to relatively clean sectors.

  7. CO2, GDP and RET: An aggregate economic equilibrium analysis for Turkey

    International Nuclear Information System (INIS)

    Kumbaroglu, Guerkan; Karali, Nihan; Arikan, Yildiz

    2008-01-01

    There is a worldwide interest in renewable electricity technologies (RETs) due to growing concerns about global warming and climate change. As an EU candidate country whose energy demand increases exponentially, Turkey inevitably shares this common interest on RET. This study, using an aggregate economic equilibrium model, explores the economic costs of different policy measures to mitigate CO 2 emissions in Turkey. The model combines energy demands, capital requirements and labor inputs at a constant elasticity of substitution under an economy-wide nested production function. Growing energy demand, triggered by economic growth, is met by increased supply and initiates new capacity additions. Investment into RET is encouraged via the incorporation of (a) endogenous technological learning through which the RET cost declines as a function of cumulative capacity, and (b) a willingness to pay (WTP) function which imposes the WTP of consumers as a lower bound on RET installation. The WTP equation is obtained as a function of consumer income categories, based on data gathered from a pilot survey in which the contingent valuation methodology was employed. The impacts of various emission reduction scenarios on GDP growth and RET diffusion are explored. As expected, RET penetration is accelerated under faster technological learning and higher WTP conditions. It is found that stabilizing CO 2 emissions to year 2005 levels causes economic losses amounting to 17% and 23% of GDP in the years 2020 and 2030, respectively

  8. Economic impact of ethanol promotion in Mexico: A general equilibrium analysis

    International Nuclear Information System (INIS)

    Elizondo, Alejandra; Boyd, Roy

    2017-01-01

    In this paper we analyze the economic impact of a decision to produce ethanol in Mexico, comparing the effect of a subsidy to initiate ethanol production with that of alternative public policies. Public support of biofuels has been a public policy goal since 2008, and the promotion of ethanol remains an active part of the government agenda. The evidence used to encourage or alter the policy is (by necessity) chiefly based on international experience. In this study we use a computable general equilibrium model (CGE) to estimate the impact of ethanol production on the Mexican economy. Using cost data from Brazil we introduce ethanol into a Mexican social accounting matrix, and insert a latent sector into the model to analyze ethanol promotion. Our results show that subsidies to ethanol would increase agriculture production but at the expense of aggregate welfare. By contrast, alternative 'clean energy' policies appear to advance economic growth to a greater extent. - Highlights: • A CGE model is used to estimate the impact of ethanol promotion in Mexico. • The benefits of a policy designed to promote the use of ethanol are rather small. • The rural sector benefits modestly, but production in other sectors decrease. • Alternative policies advance economic growth and welfare to a greater extent.

  9. Modeling the economic costs of disasters and recovery: analysis using a dynamic computable general equilibrium model

    Science.gov (United States)

    Xie, W.; Li, N.; Wu, J.-D.; Hao, X.-L.

    2014-04-01

    Disaster damages have negative effects on the economy, whereas reconstruction investment has positive effects. The aim of this study is to model economic causes of disasters and recovery involving the positive effects of reconstruction activities. Computable general equilibrium (CGE) model is a promising approach because it can incorporate these two kinds of shocks into a unified framework and furthermore avoid the double-counting problem. In order to factor both shocks into the CGE model, direct loss is set as the amount of capital stock reduced on the supply side of the economy; a portion of investments restores the capital stock in an existing period; an investment-driven dynamic model is formulated according to available reconstruction data, and the rest of a given country's saving is set as an endogenous variable to balance the fixed investment. The 2008 Wenchuan Earthquake is selected as a case study to illustrate the model, and three scenarios are constructed: S0 (no disaster occurs), S1 (disaster occurs with reconstruction investment) and S2 (disaster occurs without reconstruction investment). S0 is taken as business as usual, and the differences between S1 and S0 and that between S2 and S0 can be interpreted as economic losses including reconstruction and excluding reconstruction, respectively. The study showed that output from S1 is found to be closer to real data than that from S2. Economic loss under S2 is roughly 1.5 times that under S1. The gap in the economic aggregate between S1 and S0 is reduced to 3% at the end of government-led reconstruction activity, a level that should take another four years to achieve under S2.

  10. The economic impact of more sustainable water use in agriculture: A computable general equilibrium analysis

    Science.gov (United States)

    Calzadilla, Alvaro; Rehdanz, Katrin; Tol, Richard S. J.

    2010-04-01

    SummaryAgriculture is the largest consumer of freshwater resources - around 70 percent of all freshwater withdrawals are used for food production. These agricultural products are traded internationally. A full understanding of water use is, therefore, impossible without understanding the international market for food and related products, such as textiles. Based on the global general equilibrium model GTAP-W, we offer a method for investigating the role of green (rain) and blue (irrigation) water resources in agriculture and within the context of international trade. We use future projections of allowable water withdrawals for surface water and groundwater to define two alternative water management scenarios. The first scenario explores a deterioration of current trends and policies in the water sector (water crisis scenario). The second scenario assumes an improvement in policies and trends in the water sector and eliminates groundwater overdraft world-wide, increasing water allocation for the environment (sustainable water use scenario). In both scenarios, welfare gains or losses are not only associated with changes in agricultural water consumption. Under the water crisis scenario, welfare not only rises for regions where water consumption increases (China, South East Asia and the USA). Welfare gains are considerable for Japan and South Korea, Southeast Asia and Western Europe as well. These regions benefit from higher levels of irrigated production and lower food prices. Alternatively, under the sustainable water use scenario, welfare losses not only affect regions where overdrafting is occurring. Welfare decreases in other regions as well. These results indicate that, for water use, there is a clear trade-off between economic welfare and environmental sustainability.

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

    NARCIS (Netherlands)

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

    2015-01-01

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

  12. Economic Impacts of Potential Foot and Mouth Disease Agro-terrorism in the United States: A Computable General Equilibrium Analysis

    Energy Technology Data Exchange (ETDEWEB)

    Oladosu, Gbadebo A [ORNL; Rose, Adam [University of Southern California, Los Angeles; Bumsoo, Lee [University of Illinois

    2013-01-01

    The foot and mouth disease (FMD) virus has high agro-terrorism potential because it is contagious, can be easily transmitted via inanimate objects and can be spread by wind. An outbreak of FMD in developed countries results in massive slaughtering of animals (for disease control) and disruptions in meat supply chains and trade, with potentially large economic losses. Although the United States has been FMD-free since 1929, the potential of FMD as a deliberate terrorist weapon calls for estimates of the physical and economic damage that could result from an outbreak. This paper estimates the economic impacts of three alternative scenarios of potential FMD attacks using a computable general equilibrium (CGE) model of the US economy. The three scenarios range from a small outbreak successfully contained within a state to a large multi-state attack resulting in slaughtering of 30 percent of the national livestock. Overall, the value of total output losses in our simulations range between $37 billion (0.15% of 2006 baseline economic output) and $228 billion (0.92%). Major impacts stem from the supply constraint on livestock due to massive animal slaughtering. As expected, the economic losses are heavily concentrated in agriculture and food manufacturing sectors, with losses ranging from $23 billion to $61 billion in the two industries.

  13. Topological vector spaces admissible in economic equilibrium theory

    DEFF Research Database (Denmark)

    Keiding, Hans

    2009-01-01

    In models of economic equilibrium in markets with infinitely many commodities, the commodity space is an ordered topological vector space endowed with additional structure. In the present paper, we consider ordered topological vector spaces which are admissible (for equilibrium analysis) in the s......) in the sense that every economy which is reasonably well behaved posesses an equilibrium. It turns out that this condition may be characterized in terms of topology and order. This characterization implies that the commodity space has the structure of a Kakutani space....

  14. Economic analysis of energy supply and national economy on the basis of general equilibrium models. Applications of the input-output decomposition analysis and the Computable General Equilibrium models shown by the example of Korea

    International Nuclear Information System (INIS)

    Ko, Jong-Hwan.

    1993-01-01

    Firstly, this study investigaties the causes of sectoral growth and structural changes in the Korean economy. Secondly, it develops the borders of a consistent economic model in order to investigate simultaneously the different impacts of changes in energy and in the domestic economy. This is done any both the Input-Output-Decomposition analysis and a Computable General Equilibrium model (CGE Model). The CGE Model eliminates the disadvantages of the IO Model and allows the investigation of the interdegenerative of the various energy sectors with the economy. The Social Accounting Matrix serves as the data basis of the GCE Model. Simulated experiments have been comet out with the help of the GCE Model, indicating the likely impact of an oil price shock in the economy-sectorally and generally. (orig.) [de

  15. General Equilibrium Analysis of Economic Instruments in Materials-Product Chains with Materials Balance, Recycling and Waste Treatment

    Energy Technology Data Exchange (ETDEWEB)

    Kandelaars, P.A.A.H.; Van den Bergh, J.C.J.M. [Department of Spatial Economics, Faculty of Economics and Econometrics, Vrije Universiteit, Amsterdam (Netherlands)

    1997-12-31

    Optimal environmental taxation and subsidies in a materials-product (M-P) chain are examined. This incorporates the main economic activities extraction, production, consumption, recycling and waste treatment. A static general equilibrium model of this M-P chain is constructed, with environmental impacts represented as negative externalities generated by natural resource extraction and final dumping of waste. The model includes various environmental taxes and subsidies on products and materials to pay for these externalities. The originality of this analytical exercise is twofold: in all stages of the M-P chain materials balance conditions are satisfied; furthermore, recycling is explicitly included as a separate activity with inputs, outputs and objectives. Thus, the paper combines physical-environmental and welfare economic perspectives on materials flows. The results show that the externalities generated by extraction and harmful waste can only be optimized by imposing a direct tax on the new materials. In a second-best world the externalities may be sub-optimized by taxing the generation of harmful waste or by subsidizing the use of recycled materials. Changes in some variables causes a shift between the optimal taxes on new materials at the beginning and harmful waste at the end of the M-P chain. This linkage is interesting because it shows that the whole M-P chain needs to be considered instead of parts of this chain. 16 refs.

  16. The substitution of mineral fertilizers by compost from household waste in Cameroon: economic analysis with a partial equilibrium model.

    Science.gov (United States)

    Jaza Folefack, Achille Jean

    2009-05-01

    This paper analyses the possibility of substitution between compost and mineral fertilizer in order to assess the impact on the foreign exchange savings in Cameroon of increasing the use of compost. In this regard, a partial equilibrium model was built up and used as a tool for policy simulations. The review of existing literature already suggests that, the compost commercial value i.e. value of substitution (33,740 FCFA tonne(-1)) is higher compared to the compost real price (30,000 FCFA tonne(-1)), proving that it could be profitable to substitute the mineral fertilizer by compost. Further results from the scenarios used in the modelling exercise show that, increasing the compost availability is the most favourable policy for the substitution of mineral fertilizer by compost. This policy helps to save about 18.55% of the annual imported mineral fertilizer quantity and thus to avoid approximately 8.47% of the yearly total import expenditure in Cameroon. The policy of decreasing the transport rate of compost in regions that are far from the city is also favourable to the substitution. Therefore, in order to encourage the substitution of mineral fertilizer by compost, programmes of popularization of compost should be highlighted and be among the top priorities in the agricultural policy of the Cameroon government.

  17. Quasivariational Inequalities for a Dynamic Competitive Economic Equilibrium Problem

    Directory of Open Access Journals (Sweden)

    Carmela Vitanza

    2009-01-01

    Full Text Available The aim of this paper is to consider a dynamic competitive economic equilibrium problem in terms of maximization of utility functions and of excess demand functions. This equilibrium problem is studied by means of a time-dependent quasivariational inequality which is set in the Lebesgue space L2([0,T],ℝ. This approach allows us to obtain an existence result of time-dependent equilibrium solutions.

  18. The contribution of several Nobel Laureates in the development of the Theory of general economic equilibrium

    OpenAIRE

    Florentina Xhelili Krasniqi; Rahmie Topxhiu; Donat Rexha

    2016-01-01

    Nobel Laureates with their contributions to the development of the theory of general equilibrium have enabled this theory to be one of the most important for theoretical and practical analysis of the overall economy and the efficient use of economic resources. Results of the research showing that contributions of Nobel Laureates in the economy belong to two main frameworks of development of the general equilibrium theory: one was the mathematical model of general equilibrium developed by J...

  19. Economics of symbiotic nuclear fleets at equilibrium

    International Nuclear Information System (INIS)

    Bidaud, Adrien; Guillemin, P.; Lecarpentier, David

    2008-01-01

    Many decades of industrial experience have proven that thermal reactors are able to provide a safe, reliable and competitive source of electricity. The higher construction costs of fast reactors compared to thermal reactors could be compensated by their better use of fissile material during the probable fast development of nuclear energy in the first half of the century. Thus, despite the over-cost of their cores, on the longer term, fast reactors are expected to take the lead in the nuclear reactor race. In the mean term, multi-strata symbiotic parks, using high conversion-rate thermal reactors, may delay fast reactor start up. We compare projected fuel cycle costs and cost of electricity of various symbiotic nuclear fleets, on the basis of a simple economic model and elementary costs estimated on publicly available data. These parameters and their evolution over reactor-life time scale can hardly be estimated. That is why we look at the sensitivities of our results to large modifications of the input parameters. The aim of our simple economic model is to understand which reactor characteristics should be optimized to enhance their economic performance when working as a single symbiotic fleet. (authors)

  20. Definitions and Basic Concepts of Supply and Demand Analysis Used to Determine Market Equilibrium. Principles of Economics II (Microeconomics), Lesson Plan No. 6.

    Science.gov (United States)

    Chiu-Irion, Vicky

    Developed as part of a 37.5-hour microeconomics course, this lesson plan focuses on the concepts of supply and demand analysis used to determine market equilibrium. The objectives of the 50-minute lesson are to enable the student to: (1) explain how a demand schedule is derived from raw data; (2) graph a demand curve from the demand schedule; (3)…

  1. Equilibrium calculations and mode analysis

    International Nuclear Information System (INIS)

    Herrnegger, F.

    1987-01-01

    The STEP asymptotic stellarator expansion procedure was used to study the MHD equilibrium and stability properties of stellarator configurations without longitudinal net-current, which also apply to advanced stellarators. The effects of toroidal curvature and magnetic well, and the Shafranov shift were investigated. A classification of unstable modes in toroidal stellarators is given. For WVII-A coil-field configurations having a β value of 1% and a parabolic pressure profile, no free-boundary modes are found. This agrees with the experimental fact that unstable behavior of the plasma column is not observed for this parameter range. So a theoretical β-limit for stability against ideal MHD modes can be estimated by mode analysis for the WVII-A device

  2. Economic analysis

    Energy Technology Data Exchange (ETDEWEB)

    None

    1980-06-01

    The Energy Policy and Conservation Act (EPCA) mandated that minimum energy efficiency standards be established for classes of refrigerators and refrigerator-freezers, freezers, clothes dryers, water heaters, room air conditioners, home heating equipment, kitchen ranges and ovens, central air conditioners, and furnaces. EPCA requires that standards be designed to achieve the maximum improvement in energy efficiency that is technologically feasible and economically justified. Following the introductory chapter, Chapter Two describes the methodology used in the economic analysis and its relationship to legislative criteria for consumer product efficiency assessment; details how the CPES Value Model systematically compared and evaluated the economic impacts of regulation on the consumer, manufacturer and Nation. Chapter Three briefly displays the results of the analysis and lists the proposed performance standards by product class. Chapter Four describes the reasons for developing a baseline forecast, characterizes the baseline scenario from which regulatory impacts were calculated and summarizes the primary models, data sources and assumptions used in the baseline formulations. Chapter Five summarizes the methodology used to calculate regulatory impacts; describes the impacts of energy performance standards relative to the baseline discussed in Chapter Four. Also discussed are regional standards and other program alternatives to performance standards. Chapter Six describes the procedure for balancing consumer, manufacturer, and national impacts to select standard levels. Details of models and data bases used in the analysis are included in Appendices A through K.

  3. Fixed Points in Grassmannians with Applications to Economic Equilibrium

    DEFF Research Database (Denmark)

    Keiding, Hans

    2017-01-01

    In some applications of equilibrium theory, the fixed point involves not only a state and a value of a parameter in the dual of the state space, but also a particular subspace of the state space. Since the set of all subspaces of a finite-dimensional Euclidean space has a structure which does...... not allow immediate application of fixed point theorems, the problem must be reformulated using a suitable parametrization of subspaces. One such parametrization, the Plücker coordinates, is used here to prove a general equilibrium existence theorem. Applications to economic problems involving hierarchies...... of consumers or incomplete markets with real assets are outlined....

  4. Financial Structure and Economic Welfare: Applied General Equilibrium Development Economics.

    Science.gov (United States)

    Townsend, Robert

    2010-09-01

    This review provides a common framework for researchers thinking about the next generation of micro-founded macro models of growth, inequality, and financial deepening, as well as direction for policy makers targeting microfinance programs to alleviate poverty. Topics include treatment of financial structure general equilibrium models: testing for as-if-complete markets or other financial underpinnings; examining dual-sector models with both a perfectly intermediated sector and a sector in financial autarky, as well as a second generation of these models that embeds information problems and other obstacles to trade; designing surveys to capture measures of income, investment/savings, and flow of funds; and aggregating individuals and households to the level of network, village, or national economy. The review concludes with new directions that overcome conceptual and computational limitations.

  5. Financial Structure and Economic Welfare: Applied General Equilibrium Development Economics

    Science.gov (United States)

    Townsend, Robert

    2010-01-01

    This review provides a common framework for researchers thinking about the next generation of micro-founded macro models of growth, inequality, and financial deepening, as well as direction for policy makers targeting microfinance programs to alleviate poverty. Topics include treatment of financial structure general equilibrium models: testing for as-if-complete markets or other financial underpinnings; examining dual-sector models with both a perfectly intermediated sector and a sector in financial autarky, as well as a second generation of these models that embeds information problems and other obstacles to trade; designing surveys to capture measures of income, investment/savings, and flow of funds; and aggregating individuals and households to the level of network, village, or national economy. The review concludes with new directions that overcome conceptual and computational limitations. PMID:21037939

  6. The equilibrium price range of oil: economics, politics and uncertainty in the formation of oil prices

    International Nuclear Information System (INIS)

    Giraud, P.-N.

    1995-01-01

    This paper attempts to clarify the articulation between economic and political factors in the formation of petroleum prices. The essential point is that when factors control significant low cost reserves and will not or cannot adopt behaviour of a 'substantial economic rationality' then the economic analysis does not allow a unique dynamic equilibrium price to be determined. However, it does permit definition of an equilibrium price range within which political preferences may be expressed. Finally, the paper draws some conclusions on what could be discussed within the scope of a new oil producer-consumer dialogue. (author)

  7. Assessment of health and economic effects by PM2.5 pollution in Beijing: a combined exposure-response and computable general equilibrium analysis.

    Science.gov (United States)

    Wang, Guizhi; Gu, SaiJu; Chen, Jibo; Wu, Xianhua; Yu, Jun

    2016-12-01

    Assessment of the health and economic impacts of PM2.5 pollution is of great importance for urban air pollution prevention and control. In this study, we evaluate the damage of PM2.5 pollution using Beijing as an example. First, we use exposure-response functions to estimate the adverse health effects due to PM2.5 pollution. Then, the corresponding labour loss and excess medical expenditure are computed as two conducting variables. Finally, different from the conventional valuation methods, this paper introduces the two conducting variables into the computable general equilibrium (CGE) model to assess the impacts on sectors and the whole economic system caused by PM2.5 pollution. The results show that, substantial health effects of the residents in Beijing from PM2.5 pollution occurred in 2013, including 20,043 premature deaths and about one million other related medical cases. Correspondingly, using the 2010 social accounting data, Beijing gross domestic product loss due to the health impact of PM2.5 pollution is estimated as 1286.97 (95% CI: 488.58-1936.33) million RMB. This demonstrates that PM2.5 pollution not only has adverse health effects, but also brings huge economic loss.

  8. Equilibrium econophysics: A unified formalism for neoclassical economics and equilibrium thermodynamics

    Science.gov (United States)

    Sousa, Tânia; Domingos, Tiago

    2006-11-01

    We develop a unified conceptual and mathematical structure for equilibrium econophysics, i.e., the use of concepts and tools of equilibrium thermodynamics in neoclassical microeconomics and vice versa. Within this conceptual structure the results obtained in microeconomic theory are: (1) the definition of irreversibility in economic behavior; (2) the clarification that the Engel curve and the offer curve are not descriptions of real processes dictated by the maximization of utility at constant endowment; (3) the derivation of a relation between elasticities proving that economic elasticities are not all independent; (4) the proof that Giffen goods do not exist in a stable equilibrium; (5) the derivation that ‘economic integrability’ is equivalent to the generalized Le Chatelier principle and (6) the definition of a first order phase transition, i.e., a transition between separate points in the utility function. In thermodynamics the results obtained are: (1) a relation between the non-dimensional isothermal and adiabatic compressibilities and the increase or decrease in the thermodynamic potentials; (2) the distinction between mathematical integrability and optimization behavior and (3) the generalization of the Clapeyron equation.

  9. Real analysis with economic applications

    CERN Document Server

    Ok, Efe A

    2011-01-01

    There are many mathematics textbooks on real analysis, but they focus on topics not readily helpful for studying economic theory or they are inaccessible to most graduate students of economics. Real Analysis with Economic Applications aims to fill this gap by providing an ideal textbook and reference on real analysis tailored specifically to the concerns of such students. The emphasis throughout is on topics directly relevant to economic theory. In addition to addressing the usual topics of real analysis, this book discusses the elements of order theory, convex analysis, optimization, correspondences, linear and nonlinear functional analysis, fixed-point theory, dynamic programming, and calculus of variations. Efe Ok complements the mathematical development with applications that provide concise introductions to various topics from economic theory, including individual decision theory and games, welfare economics, information theory, general equilibrium and finance, and intertemporal economics. Moreover, a...

  10. Medical imaging technology shock and volatility of macro economics: Analysis using a three-sector dynamical stochastic general equilibrium REC model.

    Science.gov (United States)

    Han, Shurong; Huang, Yeqing

    2017-07-07

    The study analysed the medical imaging technology business cycle from 1981 to 2009 and found that the volatility of consumption in Chinese medical imaging business was higher than that of the developed countries. The volatility of gross domestic product (GDP) and the correlation between consumption and GDP is also higher than that of the developed countries. Prior to the early 1990s the volatility of consumption is even higher than GDP. This fact makes it difficult to explain the volatile market using the standard one sector real economic cycle (REC) model. Contrary to the other domestic studies, this study considers a three-sector dynamical stochastic general equilibrium REC model. In this model there are two consumption sectors, whereby one is labour intensive and another is capital intensive. The more capital intensive investment sector only introduces technology shocks in the medical imaging market. Our response functions and Monte-Carlo simulation results show that the model can explain 90% of the volatility of consummation relative to GDP, and explain the correlation between consumption and GDP. The results demonstrated the significant correlation between the technological reform in medical imaging and volatility in the labour market on Chinese macro economy development.

  11. Equilibrium Analysis in Cake Cutting

    DEFF Research Database (Denmark)

    Branzei, Simina; Miltersen, Peter Bro

    2013-01-01

    Cake cutting is a fundamental model in fair division; it represents the problem of fairly allocating a heterogeneous divisible good among agents with different preferences. The central criteria of fairness are proportionality and envy-freeness, and many of the existing protocols are designed...... to guarantee proportional or envy-free allocations, when the participating agents follow the protocol. However, typically, all agents following the protocol is not guaranteed to result in a Nash equilibrium. In this paper, we initiate the study of equilibria of classical cake cutting protocols. We consider one...... of the simplest and most elegant continuous algorithms -- the Dubins-Spanier procedure, which guarantees a proportional allocation of the cake -- and study its equilibria when the agents use simple threshold strategies. We show that given a cake cutting instance with strictly positive value density functions...

  12. The contribution of several Nobel Laureates in the development of the Theory of general economic equilibrium

    Directory of Open Access Journals (Sweden)

    Florentina Xhelili Krasniqi

    2016-12-01

    Full Text Available Nobel Laureates with their contributions to the development of the theory of general equilibrium have enabled this theory to be one of the most important for theoretical and practical analysis of the overall economy and the efficient use of economic resources. Results of the research showing that contributions of Nobel Laureates in the economy belong to two main frameworks of development of the general equilibrium theory: one was the mathematical model of general equilibrium developed by John R. Hicks (1939, Kenneth J.Arrow (1951 and Gerard Debreu (1954 and second frames of general equilibrium belongs to Paul A. Samuelson (1958. To highlight the contributions of these Nobel laureates in the development of the theory of general equilibrium have been selected and are presented in the paper some views, estimates and assumptions that have contributed not only in solving concrete problems, but also to the development of economic science in general. Their works represent a synthesis of theoretical and practical aspects of treatment of general equilibrium which are the starting point for further research in this field.

  13. Economic analysis

    International Nuclear Information System (INIS)

    Owen, P.S.; Parker, M.B.; Omberg, R.P.

    1979-03-01

    The methodology used to arrive at the conclusions in the U.S. papers WG 5A-19 and WG 5A-22 with respect to the economics of fast breeders relative to LWR's is developed in detail in this contribution. In addition, sample calculations of the total levelized power cost of a standard LWR at $40/pound for U 3 O 8 and an FBR at a capital cost of 1.5 times that of an LWR are included. The respective total levalized power costs of the above two examples are 21.29 mills/kwh for the standard LWR and 28.48 mills/kwh for the FBR. It should be noted that the economic data used in these analyses are contained in the U.S. contribution, WG 5A-41

  14. Assessing the economic impact of North China’s water scarcity mitigation strategy : a multi - region, water - extended computable general equilibrium analysis

    NARCIS (Netherlands)

    Qin, Changbo; Qin, C.; Su, Zhongbo; Bressers, Johannes T.A.; Jia, Y.; Wang, H.

    2013-01-01

    This paper describes a multi-region computable general equilibrium model for analyzing the effectiveness of measures and policies for mitigating North China’s water scarcity with respect to three different groups of scenarios. The findings suggest that a reduction in groundwater use would negatively

  15. How energy conversion drives economic growth far from the equilibrium of neoclassical economics

    International Nuclear Information System (INIS)

    Kümmel, Reiner; Lindenberger, Dietmar

    2014-01-01

    Energy conversion in the machines and information processors of the capital stock drives the growth of modern economies. This is exemplified for Germany, Japan, and the USA during the second half of the 20th century: econometric analyses reveal that the output elasticity, i.e. the economic weight, of energy is much larger than energy's share in total factor cost, while for labor just the opposite is true. This is at variance with mainstream economic theory according to which an economy should operate in the neoclassical equilibrium, where output elasticities equal factor cost shares. The standard derivation of the neoclassical equilibrium from the maximization of profit or of time-integrated utility disregards technological constraints. We show that the inclusion of these constraints in our nonlinear-optimization calculus results in equilibrium conditions, where generalized shadow prices destroy the equality of output elasticities and cost shares. Consequently, at the prices of capital, labor, and energy we have known so far, industrial economies have evolved far from the neoclassical equilibrium. This is illustrated by the example of the German industrial sector evolving on the mountain of factor costs before and during the first and the second oil price explosion. It indicates the influence of the ‘virtually binding’ technological constraints on entrepreneurial decisions, and the existence of ‘soft constraints’ as well. Implications for employment and future economic growth are discussed. (paper)

  16. How energy conversion drives economic growth far from the equilibrium of neoclassical economics

    Science.gov (United States)

    Kümmel, Reiner; Lindenberger, Dietmar

    2014-12-01

    Energy conversion in the machines and information processors of the capital stock drives the growth of modern economies. This is exemplified for Germany, Japan, and the USA during the second half of the 20th century: econometric analyses reveal that the output elasticity, i.e. the economic weight, of energy is much larger than energy's share in total factor cost, while for labor just the opposite is true. This is at variance with mainstream economic theory according to which an economy should operate in the neoclassical equilibrium, where output elasticities equal factor cost shares. The standard derivation of the neoclassical equilibrium from the maximization of profit or of time-integrated utility disregards technological constraints. We show that the inclusion of these constraints in our nonlinear-optimization calculus results in equilibrium conditions, where generalized shadow prices destroy the equality of output elasticities and cost shares. Consequently, at the prices of capital, labor, and energy we have known so far, industrial economies have evolved far from the neoclassical equilibrium. This is illustrated by the example of the German industrial sector evolving on the mountain of factor costs before and during the first and the second oil price explosion. It indicates the influence of the ‘virtually binding’ technological constraints on entrepreneurial decisions, and the existence of ‘soft constraints’ as well. Implications for employment and future economic growth are discussed.

  17. Global equity allocation with index of economic freedom—A Black-Litterman equilibrium approach

    OpenAIRE

    Mohanty, Subhransu Sekhar

    2006-01-01

    The purpose of the present study is to examine the impact of Index of Economic Freedom (IEF) in strategic equity allocation process, in ternis of riskreturn efficiency, across 49 countries using the Black-Litterman's Absolute View approach. We have attempted to carry an ex-post comparative risk-return performance analysis of traditional CAPM, the Black-Litterman Equilibrium model and our view based strategy based on Black-Litterman's Absolute View approach to analyse whether our view-based st...

  18. Models of Economic Analysis

    OpenAIRE

    Adrian Ioana; Tiberiu Socaciu

    2013-01-01

    The article presents specific aspects of management and models for economic analysis. Thus, we present the main types of economic analysis: statistical analysis, dynamic analysis, static analysis, mathematical analysis, psychological analysis. Also we present the main object of the analysis: the technological activity analysis of a company, the analysis of the production costs, the economic activity analysis of a company, the analysis of equipment, the analysis of labor productivity, the anal...

  19. Statistical approach to partial equilibrium analysis

    Science.gov (United States)

    Wang, Yougui; Stanley, H. E.

    2009-04-01

    A statistical approach to market equilibrium and efficiency analysis is proposed in this paper. One factor that governs the exchange decisions of traders in a market, named willingness price, is highlighted and constitutes the whole theory. The supply and demand functions are formulated as the distributions of corresponding willing exchange over the willingness price. The laws of supply and demand can be derived directly from these distributions. The characteristics of excess demand function are analyzed and the necessary conditions for the existence and uniqueness of equilibrium point of the market are specified. The rationing rates of buyers and sellers are introduced to describe the ratio of realized exchange to willing exchange, and their dependence on the market price is studied in the cases of shortage and surplus. The realized market surplus, which is the criterion of market efficiency, can be written as a function of the distributions of willing exchange and the rationing rates. With this approach we can strictly prove that a market is efficient in the state of equilibrium.

  20. Time-Depending Parametric Variational Approach for an Economic General Equilibrium Problem of Pure Exchange with Application

    International Nuclear Information System (INIS)

    Scaramuzzino, F.

    2009-01-01

    This paper considers a qualitative analysis of the solution of a pure exchange general economic equilibrium problem according to two independent parameters. Some recently results obtained by the author in the static and the dynamic case have been collected. Such results have been applied in a particular parametric case: it has been focused the attention on a numerical application for which the existence of the solution of time-depending parametric variational inequality that describes the equilibrium conditions has been proved by means of the direct method. By using MatLab computation after a linear interpolation, the curves of equilibrium have been visualized.

  1. Spontaneous Time Symmetry Breaking in System with Mixed Strategy Nash Equilibrium: Evidences in Experimental Economics Data

    Science.gov (United States)

    Wang, Zhijian; Xu, Bin; Zhejiang Collaboration

    2011-03-01

    In social science, laboratory experiment with human subjects' interaction is a standard test-bed for studying social processes in micro level. Usually, as in physics, the processes near equilibrium are suggested as stochastic processes with time-reversal symmetry (TRS). To the best of our knowledge, near equilibrium, the breaking time symmetry, as well as the existence of robust time anti-symmetry processes, has not been reported clearly in experimental economics till now. By employing Markov transition method to analysis the data from human subject 2x2 Games with wide parameters and mixed Nash equilibrium, we study the time symmetry of the social interaction process near Nash equilibrium. We find that, the time symmetry is broken, and there exists a robust time anti-symmetry processes. We also report the weight of the time anti-symmetry processes in the total processes of each the games. Evidences in laboratory marketing experiments, at the same time, are provided as one-dimension cases. In these cases, time anti-symmetry cycles can also be captured. The proposition of time anti-symmetry processes is small, but the cycles are distinguishable.

  2. Development of chemical equilibrium analysis code 'CHEEQ'

    International Nuclear Information System (INIS)

    Nagai, Shuichiro

    2006-08-01

    'CHEEQ' code which calculates the partial pressure and the mass of the system consisting of ideal gas and pure condensed phase compounds, was developed. Characteristics of 'CHEEQ' code are as follows. All the chemical equilibrium equations were described by the formation reactions from the mono-atomic gases in order to simplify the code structure and input preparation. Chemical equilibrium conditions, Σν i μ i =0 for the gaseous compounds and precipitated condensed phase compounds and Σν i μ i > 0 for the non-precipitated condensed phase compounds, were applied. Where, ν i and μ i are stoichiometric coefficient and chemical potential of component i. Virtual solid model was introduced to perform the calculation of constant partial pressure condition. 'CHEEQ' was consisted of following 3 parts, (1) analysis code, zc132. f. (2) thermodynamic data base, zmdb01 and (3) input data file, zindb. 'CHEEQ' code can calculate the system which consisted of elements (max.20), condensed phase compounds (max.100) and gaseous compounds. (max.200). Thermodynamic data base, zmdb01 contains about 1000 elements and compounds, and 200 of them were Actinide elements and their compounds. This report describes the basic equations, the outline of the solution procedure and instructions to prepare the input data and to evaluate the calculation results. (author)

  3. Assessing and optimizing the economic and environmental impacts of cogeneration/district energy systems using an energy equilibrium model

    International Nuclear Information System (INIS)

    Wu, Y.J.; Rosen, M.A.

    1999-01-01

    Energy equilibrium models can be valuable aids in energy planning and decision-making. In such models, supply is represented by a cost-minimizing linear submodel and demand by a smooth vector-valued function of prices. In this paper, we use the energy equilibrium model to study conventional systems and cogeneration-based district energy (DE) systems for providing heating, cooling and electrical services, not only to assess the potential economic and environmental benefits of cogeneration-based DE systems, but also to develop optimal configurations while accounting for such factors as economics and environmental impact. The energy equilibrium model is formulated and solved with software called WATEMS, which uses sequential non-linear programming to calculate the intertemporal equilibrium of energy supplies and demands. The methods of analysis and evaluation for the economic and environmental impacts are carefully explored. An illustrative energy equilibrium model of conventional and cogeneration-based DE systems is developed within WATEMS to compare quantitatively the economic and environmental impacts of those systems for various scenarios. (Copyright (c) 1999 Elsevier Science B.V., Amsterdam. All rights reserved.)

  4. Hurricane Sandy Economic Impacts Assessment: A Computable General Equilibrium Approach and Validation

    Energy Technology Data Exchange (ETDEWEB)

    Boero, Riccardo [Los Alamos National Laboratory; Edwards, Brian Keith [Los Alamos National Laboratory

    2017-08-07

    Economists use computable general equilibrium (CGE) models to assess how economies react and self-organize after changes in policies, technology, and other exogenous shocks. CGE models are equation-based, empirically calibrated, and inspired by Neoclassical economic theory. The focus of this work was to validate the National Infrastructure Simulation and Analysis Center (NISAC) CGE model and apply it to the problem of assessing the economic impacts of severe events. We used the 2012 Hurricane Sandy event as our validation case. In particular, this work first introduces the model and then describes the validation approach and the empirical data available for studying the event of focus. Shocks to the model are then formalized and applied. Finally, model results and limitations are presented and discussed, pointing out both the model degree of accuracy and the assessed total damage caused by Hurricane Sandy.

  5. Accounting for household heterogeneity in general equilibrium economic growth models

    International Nuclear Information System (INIS)

    Melnikov, N.B.; O'Neill, B.C.; Dalton, M.G.

    2012-01-01

    We describe and evaluate a new method of aggregating heterogeneous households that allows for the representation of changing demographic composition in a multi-sector economic growth model. The method is based on a utility and labor supply calibration that takes into account time variations in demographic characteristics of the population. We test the method using the Population-Environment-Technology (PET) model by comparing energy and emissions projections employing the aggregate representation of households to projections representing different household types explicitly. Results show that the difference between the two approaches in terms of total demand for energy and consumption goods is negligible for a wide range of model parameters. Our approach allows the effects of population aging, urbanization, and other forms of compositional change on energy demand and CO 2 emissions to be estimated and compared in a computationally manageable manner using a representative household under assumptions and functional forms that are standard in economic growth models.

  6. Economically attractive features of steady-state neoclassical reversed field pinch equilibrium with low aspect ratio

    International Nuclear Information System (INIS)

    Shiina, S.; Yagi, Y.; Sugimoto, H.; Ashida, H.; Hirano, Y.; Koguchi, H.; Sakakita, H.; Taguchi, M.; Nagamine, Y.; Osanai, Y.; Saito, K.; Watanabe, M.; Aizawa, M.

    2005-01-01

    Dominant plasma self-induced current equilibrium is achieved together with the high β for the steady-state neoclassical reversed field pinch (RFP) equilibrium with low aspect ratio by broadening the plasma pressure profile. The RF-driven current, when the safety factor is smaller than unity, is much less than the self-induced current, which dominates (96%) the toroidal current. This neoclassical RFP equilibrium has strong magnetic shear or a high-stability beta (β t = 63%) due to its hollow current profile. It is shown that the obtained equilibrium is close to the relaxed-equilibrium state with a minimum energy, and is also robust against microinstabilities. These attractive features allow the economical design of compact steady-state fusion power plants with low cost of electricity (COE). (author)

  7. Magnetic analysis of tokamak plasma with approximate MHD equilibrium solution

    International Nuclear Information System (INIS)

    Moriyama, Shin-ichi; Hiraki, Naoji

    1993-01-01

    A magnetic analysis method for determining equilibrium configuration parameters (plasma shape, poloidal beta and internal inductance) on a non-circular tokamak is described. The feature is to utilize an approximate MHD equilibrium solution which explicitly relates the configuration parameters with the magnetic fields picked up by magnetic sensors. So this method is suitable for the real-time analysis performed during a tokamak discharge. A least-squares fitting procedure is added to the analytical algorithm in order to reduce the errors in the magnetic analysis. The validity is investigated through the numerical calculation for a tokamak equilibrium model. (author)

  8. Analysis of the chemical equilibrium of combustion at constant volume

    Directory of Open Access Journals (Sweden)

    Marius BREBENEL

    2014-04-01

    Full Text Available Determining the composition of a mixture of combustion gases at a given temperature is based on chemical equilibrium, when the equilibrium constants are calculated on the assumption of constant pressure and temperature. In this paper, an analysis of changes occurring when combustion takes place at constant volume is presented, deriving a specific formula of the equilibrium constant. The simple reaction of carbon combustion in pure oxygen in both cases (constant pressure and constant volume is next considered as example of application, observing the changes occurring in the composition of the combustion gases depending on temperature.

  9. Advanced Economic Analysis

    Science.gov (United States)

    Greenberg, Marc W.; Laing, William

    2013-01-01

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

  10. Game-theoretic equilibrium analysis applications to deregulated electricity markets

    Science.gov (United States)

    Joung, Manho

    This dissertation examines game-theoretic equilibrium analysis applications to deregulated electricity markets. In particular, three specific applications are discussed: analyzing the competitive effects of ownership of financial transmission rights, developing a dynamic game model considering the ramp rate constraints of generators, and analyzing strategic behavior in electricity capacity markets. In the financial transmission right application, an investigation is made of how generators' ownership of financial transmission rights may influence the effects of the transmission lines on competition. In the second application, the ramp rate constraints of generators are explicitly modeled using a dynamic game framework, and the equilibrium is characterized as the Markov perfect equilibrium. Finally, the strategic behavior of market participants in electricity capacity markets is analyzed and it is shown that the market participants may exaggerate their available capacity in a Nash equilibrium. It is also shown that the more conservative the independent system operator's capacity procurement, the higher the risk of exaggerated capacity offers.

  11. CFD analysis of laboratory scale phase equilibrium cell operation

    Science.gov (United States)

    Jama, Mohamed Ali; Nikiforow, Kaj; Qureshi, Muhammad Saad; Alopaeus, Ville

    2017-10-01

    For the modeling of multiphase chemical reactors or separation processes, it is essential to predict accurately chemical equilibrium data, such as vapor-liquid or liquid-liquid equilibria [M. Šoóš et al., Chem. Eng. Process.: Process Intensif. 42(4), 273-284 (2003)]. The instruments used in these experiments are typically designed based on previous experiences, and their operation verified based on known equilibria of standard components. However, mass transfer limitations with different chemical systems may be very different, potentially falsifying the measured equilibrium compositions. In this work, computational fluid dynamics is utilized to design and analyze laboratory scale experimental gas-liquid equilibrium cell for the first time to augment the traditional analysis based on plug flow assumption. Two-phase dilutor cell, used for measuring limiting activity coefficients at infinite dilution, is used as a test case for the analysis. The Lagrangian discrete model is used to track each bubble and to study the residence time distribution of the carrier gas bubbles in the dilutor cell. This analysis is necessary to assess whether the gas leaving the cell is in equilibrium with the liquid, as required in traditional analysis of such apparatus. Mass transfer for six different bio-oil compounds is calculated to determine the approach equilibrium concentration. Also, residence times assuming plug flow and ideal mixing are used as reference cases to evaluate the influence of mixing on the approach to equilibrium in the dilutor. Results show that the model can be used to predict the dilutor operating conditions for which each of the studied gas-liquid systems reaches equilibrium.

  12. CFD analysis of laboratory scale phase equilibrium cell operation.

    Science.gov (United States)

    Jama, Mohamed Ali; Nikiforow, Kaj; Qureshi, Muhammad Saad; Alopaeus, Ville

    2017-10-01

    For the modeling of multiphase chemical reactors or separation processes, it is essential to predict accurately chemical equilibrium data, such as vapor-liquid or liquid-liquid equilibria [M. Šoóš et al., Chem. Eng. Process Intensif. 42(4), 273-284 (2003)]. The instruments used in these experiments are typically designed based on previous experiences, and their operation verified based on known equilibria of standard components. However, mass transfer limitations with different chemical systems may be very different, potentially falsifying the measured equilibrium compositions. In this work, computational fluid dynamics is utilized to design and analyze laboratory scale experimental gas-liquid equilibrium cell for the first time to augment the traditional analysis based on plug flow assumption. Two-phase dilutor cell, used for measuring limiting activity coefficients at infinite dilution, is used as a test case for the analysis. The Lagrangian discrete model is used to track each bubble and to study the residence time distribution of the carrier gas bubbles in the dilutor cell. This analysis is necessary to assess whether the gas leaving the cell is in equilibrium with the liquid, as required in traditional analysis of such apparatus. Mass transfer for six different bio-oil compounds is calculated to determine the approach equilibrium concentration. Also, residence times assuming plug flow and ideal mixing are used as reference cases to evaluate the influence of mixing on the approach to equilibrium in the dilutor. Results show that the model can be used to predict the dilutor operating conditions for which each of the studied gas-liquid systems reaches equilibrium.

  13. ALMR deployment economic analysis

    International Nuclear Information System (INIS)

    Delene, J.G.; Fuller, L.C.; Hudson, C.R.

    1993-06-01

    This analysis seeks to model and evaluate the economics of the use of Advanced Liquid Metal Reactors (ALMR) as a component of this country's future electricity generation mix. The ALMR concept has the ability to utilize as fuel the fissile material contained in previously irradiated nuclear fuel (i.e., spent fuel). While not a requirement for the successful deployment of ALMR power plant technology, the reprocessing of spent fuel from light water reactors (LWR) is necessary for any rapid introduction of ALMR power plants. In addition, the reprocessing of LWR spent fuel may reduce the number of high level waste repositories needed in the future by burning the long-lived actinides produced in the fission process. With this study, the relative economics of a number of potential scenarios related to these issues are evaluated. While not encompassing the full range of all possibilities, the cases reported here provide an indication of the potential costs, timings, and relative economic attractiveness of ALMR deployment

  14. Numerical equilibrium analysis for structured consumer resource models

    NARCIS (Netherlands)

    de Roos, A.M.; Diekmann, O.; Getto, P.; Kirkilionis, M.A.

    2010-01-01

    In this paper, we present methods for a numerical equilibrium and stability analysis for models of a size structured population competing for an unstructured re- source. We concentrate on cases where two model parameters are free, and thus existence boundaries for equilibria and stability boundaries

  15. Numerical equilibrium analysis for structured consumer resource models

    NARCIS (Netherlands)

    de Roos, A.M.; Diekmann, O.; Getto, P.; Kirkilionis, M.A.

    2010-01-01

    In this paper, we present methods for a numerical equilibrium and stability analysis for models of a size structured population competing for an unstructured resource. We concentrate on cases where two model parameters are free, and thus existence boundaries for equilibria and stability boundaries

  16. Application of frequency spectrum analysis in the rotator moving equilibrium

    International Nuclear Information System (INIS)

    Liu Ruilan; Su Guanghui; Shang Zhi; Jia Dounan

    2001-01-01

    The experimental equipment is developed to simulate the rotator vibration. The running state of machine is simulated by using different running conditions. The vibration caused by non-equilibrium mass is analyzed and discussed for first order with focus load. The effective method is found out by using frequency spectrum analysis

  17. Metabolic pathway analysis using a nash equilibrium approach

    NARCIS (Netherlands)

    Lucia, Angelo; DiMaggio, Peter A.; Alonso-Martinez, Diego

    2018-01-01

    A novel approach to metabolic network analysis using a Nash Equilibrium (NE) formulation is proposed in which enzymes are considered players in a multi-player game. Each player has its own payoff function with the objective of minimizing the Gibbs free energy associated with the biochemical

  18. Assimilation of tourism satellite accounts and applied general equilibrium models to inform tourism policy analysis

    OpenAIRE

    Rossouw, Riaan; Saayman, Melville

    2011-01-01

    Historically, tourism policy analysis in South Africa has posed challenges to accurate measurement. The primary reason for this is that tourism is not designated as an 'industry' in standard economic accounts. This paper therefore demonstrates the relevance and need for applied general equilibrium (AGE) models to be completed and extended through an integration with tourism satellite accounts (TSAs) as a tool for policy makers (especially tourism policy makers) in South Africa. The paper sets...

  19. Integrated environmental assessment of future energy scenarios based on economic equilibrium models

    International Nuclear Information System (INIS)

    Igos, E.; Rugani, B.; Rege, S.; Benetto, E.; Drouet, L.; Zachary, D.; Haas, T.

    2014-01-01

    The future evolution of energy supply technologies strongly depends on (and affects) the economic and environmental systems, due to the high dependency of this sector on the availability and cost of fossil fuels, especially on the small regional scale. This paper aims at presenting the modeling system and preliminary results of a research project conducted on the scale of Luxembourg to assess the environmental impact of future energy scenarios for the country, integrating outputs from partial and computable general equilibrium models within hybrid Life Cycle Assessment (LCA) frameworks. The general equilibrium model for Luxembourg, LUXGEM, is used to evaluate the economic impacts of policy decisions and other economic shocks over the time horizon 2006-2030. A techno-economic (partial equilibrium) model for Luxembourg, ETEM, is used instead to compute operation levels of various technologies to meet the demand for energy services at the least cost along the same timeline. The future energy demand and supply are made consistent by coupling ETEM with LUXGEM so as to have the same macro-economic variables and energy shares driving both models. The coupling results are then implemented within a set of Environmentally-Extended Input-Output (EE-IO) models in historical time series to test the feasibility of the integrated framework and then to assess the environmental impacts of the country. Accordingly, a dis-aggregated energy sector was built with the different ETEM technologies in the EE-IO to allow hybridization with Life Cycle Inventory (LCI) and enrich the process detail. The results show that the environmental impact slightly decreased overall from 2006 to 2009. Most of the impacts come from some imported commodities (natural gas, used to produce electricity, and metalliferous ores and metal scrap). The main energy production technology is the combined-cycle gas turbine plant 'Twinerg', representing almost 80% of the domestic electricity production in Luxembourg

  20. Non-equilibrium thermodynamics theory of econometric source discovery for large data analysis

    Science.gov (United States)

    van Bergem, Rutger; Jenkins, Jeffrey; Benachenhou, Dalila; Szu, Harold

    2014-05-01

    Almost all consumer and firm transactions are achieved using computers and as a result gives rise to increasingly large amounts of data available for analysts. The gold standard in Economic data manipulation techniques matured during a period of limited data access, and the new Large Data Analysis (LDA) paradigm we all face may quickly obfuscate most tools used by Economists. When coupled with an increased availability of numerous unstructured, multi-modal data sets, the impending 'data tsunami' could have serious detrimental effects for Economic forecasting, analysis, and research in general. Given this reality we propose a decision-aid framework for Augmented-LDA (A-LDA) - a synergistic approach to LDA which combines traditional supervised, rule-based Machine Learning (ML) strategies to iteratively uncover hidden sources in large data, the artificial neural network (ANN) Unsupervised Learning (USL) at the minimum Helmholtz free energy for isothermal dynamic equilibrium strategies, and the Economic intuitions required to handle problems encountered when interpreting large amounts of Financial or Economic data. To make the ANN USL framework applicable to economics we define the temperature, entropy, and energy concepts in Economics from non-equilibrium molecular thermodynamics of Boltzmann viewpoint, as well as defining an information geometry, on which the ANN can operate using USL to reduce information saturation. An exemplar of such a system representation is given for firm industry equilibrium. We demonstrate the traditional ML methodology in the economics context and leverage firm financial data to explore a frontier concept known as behavioral heterogeneity. Behavioral heterogeneity on the firm level can be imagined as a firm's interactions with different types of Economic entities over time. These interactions could impose varying degrees of institutional constraints on a firm's business behavior. We specifically look at behavioral heterogeneity for firms

  1. Syntactical Analysis of Economics Textbooks.

    Science.gov (United States)

    Wilcox, George K.

    An analysis of the syntax of economics textbooks was undertaken to (1) provide real-language examples of the difficult grammatical structures being taught in an advanced economics reading course, and (2) construct a factual database of the nature of economics textbooks. Five texts representative of those typically used in introductory economics…

  2. ASPECTS OF FINANCIAL EQUILIBRIUM ANALYSIS AND ITS IMPLICATIONS IN MANAGEMENT DECISIONS

    Directory of Open Access Journals (Sweden)

    Daniela Cristina Solomon

    2013-12-01

    Full Text Available Considering the impact of risk factors in the economic environment, this study provides to all users of financial information a possible pattern for analyzing the financial equilibrium, designed to clarify the importance of dynamic analysis of indicators characterizing the financial equilibrium of an enterprise, expressed on absolute values, especially for managers in decision-making on future work, aimed at achieving pre-established strategic and tactical objectives. Practice has shown that the management cannot be based on intuition and routine but on a scientific analysis, on a thorough knowledge of the existing situation, as well as on the identification of vulnerabilities and opportunities for development. In order to promote a rational policy concerning business growth and achieving economic and financial satisfactory results, the company’s management grants a special importance to the financial diagnosis. The support of financial analysis is the balance sheet that allows developing financial diagnosis on the financial equilibrium conditions and creditworthiness, objectives that allow the evaluation of the independence of the firm and its market value.

  3. Introduction to Economic Analysis

    OpenAIRE

    R. Preston McAfee

    2005-01-01

    This book presents introductory economics ("principles") material using standard mathematical tools, including calculus. It is designed for a relatively sophisticated undergraduate who has not taken a basic university course in economics. It also contains the standard intermediate microeconomics material and some material that ought to be standard but is not. The book can easily serve as an intermediate microeconomics text. The focus of this book is on the conceptual tools and not on fluff. M...

  4. Slope stability analysis using limit equilibrium method in nonlinear criterion.

    Science.gov (United States)

    Lin, Hang; Zhong, Wenwen; Xiong, Wei; Tang, Wenyu

    2014-01-01

    In slope stability analysis, the limit equilibrium method is usually used to calculate the safety factor of slope based on Mohr-Coulomb criterion. However, Mohr-Coulomb criterion is restricted to the description of rock mass. To overcome its shortcomings, this paper combined Hoek-Brown criterion and limit equilibrium method and proposed an equation for calculating the safety factor of slope with limit equilibrium method in Hoek-Brown criterion through equivalent cohesive strength and the friction angle. Moreover, this paper investigates the impact of Hoek-Brown parameters on the safety factor of slope, which reveals that there is linear relation between equivalent cohesive strength and weakening factor D. However, there are nonlinear relations between equivalent cohesive strength and Geological Strength Index (GSI), the uniaxial compressive strength of intact rock σ ci , and the parameter of intact rock m i . There is nonlinear relation between the friction angle and all Hoek-Brown parameters. With the increase of D, the safety factor of slope F decreases linearly; with the increase of GSI, F increases nonlinearly; when σ ci is relatively small, the relation between F and σ ci is nonlinear, but when σ ci is relatively large, the relation is linear; with the increase of m i , F decreases first and then increases.

  5. Transport, spatio-economic equilibrium and global sustainability. Markets, technology and policy

    Energy Technology Data Exchange (ETDEWEB)

    Verhoef, E.T.; Van den Bergh, J.C.J.M. [Dep. of Spatial Economics. Fac. of Economics and Econometrics. Vrije Univ., Amsterdam (Netherlands)

    1995-03-01

    Interdependencies between transport, spatial economy, technology and environment are investigated in the context of regulatory environmental policies aiming at meeting a global environmental target, defined in terms of the environmental utilization space as a prerequisite for global sustainability. A small scale model, based on the adapted spatial price equilibrium methodology presented elsewhere was discussed, serving as an illustration of the formal analysis discussed there. Notwithstanding the model`s simplicity, the simulation results are found to be interesting in that they provide some revealing comparative static insights into issues that are believed to be quite important in the formulation of environmental and transport policies. 12 figs., 12 refs.

  6. Equilibrium transuranic management scheme for diverse fuel cycle analysis

    International Nuclear Information System (INIS)

    Haas, Jason; Lee, John C.

    2008-01-01

    A key issue cited in the U.S. Department of Energy's report to Congress (2003) on the research path for the Advanced Fuel Cycle Initiative (AFCI) is an accurate estimation of life cycle costs for the construction, operation, decontamination and decommissioning of all fuel cycle facilities. In this report we discuss the methodology and validation of a fuel cycle model based on equilibrium operation. We apply our model to a diverse set of advanced reactors and fuel types in order to determine the most effective transmuting system while simultaneously minimizing fuel cycle costs. Our analysis shows that a nearly instant equilibrium modeling of fuel cycle scenarios can accurately approximate the detailed complex dynamic models developed by national laboratories. Our analysis also shows that the cost of transmuting Spent Nuclear Fuel (SNF) from a UO 2 fueled Pressurized Water Reactor (PWR) is minimized by utilizing the thorium cycle in sodium cooled fast reactors and is near the cost for long term repository storage of SNF at Yucca Mountain. (authors)

  7. Equilibrium Analysis of a Yellow Fever Dynamical Model with Vaccination

    Directory of Open Access Journals (Sweden)

    Silvia Martorano Raimundo

    2015-01-01

    Full Text Available We propose an equilibrium analysis of a dynamical model of yellow fever transmission in the presence of a vaccine. The model considers both human and vector populations. We found thresholds parameters that affect the development of the disease and the infectious status of the human population in the presence of a vaccine whose protection may wane over time. In particular, we derived a threshold vaccination rate, above which the disease would be eradicated from the human population. We show that if the mortality rate of the mosquitoes is greater than a given threshold, then the disease is naturally (without intervention eradicated from the population. In contrast, if the mortality rate of the mosquitoes is less than that threshold, then the disease is eradicated from the populations only when the growing rate of humans is less than another threshold; otherwise, the disease is eradicated only if the reproduction number of the infection after vaccination is less than 1. When this reproduction number is greater than 1, the disease will be eradicated from the human population if the vaccination rate is greater than a given threshold; otherwise, the disease will establish itself among humans, reaching a stable endemic equilibrium. The analysis presented in this paper can be useful, both to the better understanding of the disease dynamics and also for the planning of vaccination strategies.

  8. Life extension economic analysis

    International Nuclear Information System (INIS)

    Smithling, A.P.

    1992-01-01

    Life extension economic analyses of fossil fueled power plants need the development of consistent methods which consider the capital costs associated with component replacement or repair and estimates of normal station capital expenditures over the units remaining life. In order to link capital and production costs, Niagra Mohawk Power Corp. develops most and worst cases. A most case includes capital components that would definitely need replacement or modification for life extension. The worst case scenario contains must case capital costs plus various components which may need replacement or modification. In addition, two forecasted conditions are used, base case capacity and low capacity

  9. Economic Analysis of Nuclear Energy

    International Nuclear Information System (INIS)

    Lee, Man Ki; Moon, K. H.; Kim, S. S.; Lim, C. Y.; Oh, K. B.

    2006-12-01

    It has been well recognized that securing economic viabilities along with technologies are very important elements in the successful implementation of nuclear R and D projects. The objective of the Project is to help nuclear energy to be utilized in an efficient way by analyzing major issues related with nuclear economics. The study covers following subjects: the role of nuclear in the future electric supply system, economic analysis of nuclear R and D project, contribution to the regional economy from nuclear power. In addition, the study introduces the international cooperation in the methodological area of efficient use of nuclear energy by surveying the international activities related with nuclear economics

  10. Economic Analysis of Nuclear Energy

    Energy Technology Data Exchange (ETDEWEB)

    Lee, Man Ki; Moon, K. H.; Kim, S. S.; Lim, C. Y.; Oh, K. B

    2006-12-15

    It has been well recognized that securing economic viabilities along with technologies are very important elements in the successful implementation of nuclear R and D projects. The objective of the Project is to help nuclear energy to be utilized in an efficient way by analyzing major issues related with nuclear economics. The study covers following subjects: the role of nuclear in the future electric supply system, economic analysis of nuclear R and D project, contribution to the regional economy from nuclear power. In addition, the study introduces the international cooperation in the methodological area of efficient use of nuclear energy by surveying the international activities related with nuclear economics.

  11. Economic analysis model for total energy and economic systems

    International Nuclear Information System (INIS)

    Shoji, Katsuhiko; Yasukawa, Shigeru; Sato, Osamu

    1980-09-01

    This report describes framing an economic analysis model developed as a tool of total energy systems. To prospect and analyze future energy systems, it is important to analyze the relation between energy system and economic structure. We prepared an economic analysis model which was suited for this purpose. Our model marks that we can analyze in more detail energy related matters than other economic ones, and can forecast long-term economic progress rather than short-term economic fluctuation. From view point of economics, our model is longterm multi-sectoral economic analysis model of open Leontief type. Our model gave us appropriate results for fitting test and forecasting estimation. (author)

  12. An analysis of the concept of equilibrium in organization theory

    NARCIS (Netherlands)

    Gazendam, H.W.M.; Simons, John L.

    1998-01-01

    This article analyzes how the equilibrium concept is used in four organization theories: the theories of Fayol, Mintzberg, Morgan, and Volberda. Equilibrium can be defined as balance, fit or requisite variety. Equilibrium is related to observables dependent on the definition of organization as work

  13. A research on the spatial disparity of China's private economic capital : Based on an Institutional non-equilibrium approach

    NARCIS (Netherlands)

    Jiang, J.; Zhang, J.

    2010-01-01

    In this paper we investigate China’s private economic capital and its spatial disparity from the perspective of institutional non-equilibrium, and then we test the efficiency coefficient of the institutional change of a region and inter-regions,which is analyzed on a special cost-benefit model.The

  14. Game Theory: The Nash Equilibrium Point Identification In Bi-Matrix Games Of Economic And Social Indicators

    Directory of Open Access Journals (Sweden)

    Fernanda Kreuzberg

    2015-12-01

    Full Text Available Currently companies have to think about its management system to meet not only their economic interests but also their social interests aiming at the activities’ sustainability and longevity. In this research, the goal is to identify the Nash equilibrium point in the bi-matrix game of economic and social indicators of the companies of Public Utilities sector listed on the BM & FBovespa. The research was conducted with a sample of 26 companies. To evaluate the economic performance it was used the profitability and market indicators; for evaluating the social performance, it was used the indicators derived from the VAD (Value Added Statement. In the estimation of earnings among indicators, it was used the standard parameters of the multiple linear regression. The obtained results highlighted the existence of at least one point of equilibrium for the years analyzed and, especially in the models, two points of equilibrium were proposed for 2009 and 2011 and three for 2010. It is noteworthy that, in the proposed model it was confirmed the hypothesis of the existence of at least one point of equilibrium. Thus, it was possible to meet the research objective, namely, that it is possible to meet both economic aspects and the social aspects of the companies when the indicators are taken as basic information.

  15. Investigations on application of multigrid method to MHD equilibrium analysis

    International Nuclear Information System (INIS)

    Ikuno, Soichiro

    2000-01-01

    The potentiality of application for Multi-grid method to MHD equilibrium analysis is investigated. The nonlinear eigenvalue problem often appears when the MHD equilibria are determined by solving the Grad-Shafranov equation numerically. After linearization of the equation, the problem is solved by use of the iterative method. Although the Red-Black SOR method or Gauss-Seidel method is often used for the solution of the linearized equation, it takes much CPU time to solve the problem. The Multi-grid method is compared with the SOR method for the Poisson Problem. The results of computations show that the CPU time required for the Multi-grid method is about 1000 times as small as that for the SOR method. (author)

  16. Vehicle technology under CO2 constraint: a general equilibrium analysis

    International Nuclear Information System (INIS)

    Schaefer, Andreas; Jacoby, Henry D.

    2006-01-01

    A study is presented of the rates of penetration of different transport technologies under policy constraints on CO 2 emissions. The response of this sector is analyzed within an overall national level of restriction, with a focus on automobiles, light trucks, and heavy freight trucks. Using the US as an example, a linked set of three models is used to carry out the analysis: a multi-sector computable general equilibrium model of the economy, a MARKAL-type model of vehicle and fuel supply technology, and a model simulating the split of personal and freight transport among modes. Results highlight the importance of incremental improvements in conventional internal combustion engine technology, and, in the absence of policies to overcome observed consumer discount rates, the very long time horizons before radical alternatives like the internal combustion engine hybrid drive train vehicle are likely to take substantial market share

  17. Economic planning and equilibrium growth of human resources and capital in health-care sector: Case study of Iran.

    Science.gov (United States)

    Mahboobi-Ardakan, Payman; Kazemian, Mahmood; Mehraban, Sattar

    2017-01-01

    During different planning periods, human resources factor has been considerably increased in the health-care sector. The main goal is to determine economic planning conditions and equilibrium growth for services level and specialized workforce resources in health-care sector and also to determine the gap between levels of health-care services and specialized workforce resources in the equilibrium growth conditions and their available levels during the periods of the first to fourth development plansin Iran. In the study after data collection, econometric methods and EViews version 8.0 were used for data processing. The used model was based on neoclassical economic growth model. The results indicated that during the former planning periods, although specialized workforce has been increased significantly in health-care sector, lack of attention to equilibrium growth conditions caused imbalance conditions for product level and specialized workforce in health-care sector. In the past development plans for health services, equilibrium conditions based on the full employment in the capital stock, and specialized labor are not considered. The government could act by choosing policies determined by the growth model to achieve equilibrium level in the field of human resources and services during the next planning periods.

  18. Economic planning and equilibrium growth of human resources and capital in health-care sector: Case study of Iran

    Science.gov (United States)

    Mahboobi-Ardakan, Payman; Kazemian, Mahmood; Mehraban, Sattar

    2017-01-01

    CONTEXT: During different planning periods, human resources factor has been considerably increased in the health-care sector. AIMS: The main goal is to determine economic planning conditions and equilibrium growth for services level and specialized workforce resources in health-care sector and also to determine the gap between levels of health-care services and specialized workforce resources in the equilibrium growth conditions and their available levels during the periods of the first to fourth development plansin Iran. MATERIALS AND METHODS: In the study after data collection, econometric methods and EViews version 8.0 were used for data processing. The used model was based on neoclassical economic growth model. RESULTS: The results indicated that during the former planning periods, although specialized workforce has been increased significantly in health-care sector, lack of attention to equilibrium growth conditions caused imbalance conditions for product level and specialized workforce in health-care sector. CONCLUSIONS: In the past development plans for health services, equilibrium conditions based on the full employment in the capital stock, and specialized labor are not considered. The government could act by choosing policies determined by the growth model to achieve equilibrium level in the field of human resources and services during the next planning periods. PMID:28616419

  19. Techno-Economic analysis

    Energy Technology Data Exchange (ETDEWEB)

    Salvesen, F.; Sandgren, J. [KanEnergi AS, Rud (Norway)

    1997-12-31

    The present energy situation in the target area is summarized: 20 million inhabitants without electricity in north- west Russia, 50 % of the people in the Baltic`s without electricity, very high technical skills, biggest problems is the finance. The energy situation, the advantages of the renewables, the restrictions, and examples for possible technical solutions are reviewed on the basis of short analysis and experience with the Baltics and Russia

  20. Techno-Economic analysis

    Energy Technology Data Exchange (ETDEWEB)

    Salvesen, F; Sandgren, J [KanEnergi AS, Rud (Norway)

    1998-12-31

    The present energy situation in the target area is summarized: 20 million inhabitants without electricity in north- west Russia, 50 % of the people in the Baltic`s without electricity, very high technical skills, biggest problems is the finance. The energy situation, the advantages of the renewables, the restrictions, and examples for possible technical solutions are reviewed on the basis of short analysis and experience with the Baltics and Russia

  1. Marital dissolution: an economic analysis.

    Science.gov (United States)

    Hunter, K A

    1984-01-01

    A longitudinal analysis of factors affecting marital dissolution in the United States is presented using data from the Coleman-Rossi Retrospective Life History. Factors considered include labor force participation of both spouses, wage growth, size of family unit, age at marriage, and educational status. The study is based on the economic analysis approach developed by Gary S. Becker and others.

  2. Transition towards a low carbon economy: A computable general equilibrium analysis for Poland

    International Nuclear Information System (INIS)

    Böhringer, Christoph; Rutherford, Thomas F.

    2013-01-01

    In the transition to sustainable economic structures the European Union assumes a leading role with its climate and energy package which sets ambitious greenhouse gas emission reduction targets by 2020. Among EU Member States, Poland with its heavy energy system reliance on coal is particularly worried on the pending trade-offs between emission regulation and economic growth. In our computable general equilibrium analysis of the EU climate and energy package we show that economic adjustment cost for Poland hinge crucially on restrictions to where-flexibility of emission abatement, revenue recycling, and technological options in the power system. We conclude that more comprehensive flexibility provisions at the EU level and a diligent policy implementation at the national level could achieve the transition towards a low carbon economy at little cost thereby broadening societal support. - Highlights: ► Economic impact assessment of the EU climate and energy package for Poland. ► Sensitivity analysis on where-flexibility, revenue recycling and technology choice. ► Application of a hybrid bottom-up, top-down CGE model

  3. Analysis of equilibrium and topology of tokamak plasmas

    International Nuclear Information System (INIS)

    Milligen, B.P. van.

    1991-01-01

    In a tokamak, the plasma is confined by means of a magnetic field. There exists an equilibrium between outward forces due to the pressure gradient in plasma and inward forces due to the interaction between currents flowing inside the plasma and the magnetic field. The equilibrium magnetic field is characterized by helical field lines that lie on nested toroidal surfaces of constant flux. The equilibrium yields values for global and local plasma parameters (e.g. plasma position, total current, local pressure). Thus, precise knowledge of the equilibrium is essential for plasma control, for the understanding of many phenomena occurring in the plasma (in particular departures from the ideal equilibrium involving current filamentation on the flux surfaces that lead to the formation of islands, i.e. nested helical flux surfaces), and for the interpretation of many different types of measurements (e.g. the translation of line integrated electron density measurements made by laser beams probing the plasma into a local electron density on a flux surface). The problem of determining the equilibrium magnetic field from external magnetic field measurements has been studied extensively in literature. The problem is 'ill-posed', which means that the solution is unstable to small changes in the measurement data, and the solution has to be constrained in order to stabilize it. Various techniques for handling this problem have been suggested in literature. Usually ad-hoc restrictions are imposed on the equilibrium solution in order to stabilize it. More equilibrium solvers are not able to handle very dissimilar measurement data which means information on the equilibrium is lost. The generally do not allow a straightforward error estimate of the obtained results to be made, and they require large amounts of computing time. This problems are addressed in this thesis. (author). 104 refs.; 42 figs.; 6 tabs

  4. Numerical equilibrium analysis for structured consumer resource models.

    Science.gov (United States)

    de Roos, A M; Diekmann, O; Getto, P; Kirkilionis, M A

    2010-02-01

    In this paper, we present methods for a numerical equilibrium and stability analysis for models of a size structured population competing for an unstructured resource. We concentrate on cases where two model parameters are free, and thus existence boundaries for equilibria and stability boundaries can be defined in the (two-parameter) plane. We numerically trace these implicitly defined curves using alternatingly tangent prediction and Newton correction. Evaluation of the maps defining the curves involves integration over individual size and individual survival probability (and their derivatives) as functions of individual age. Such ingredients are often defined as solutions of ODE, i.e., in general only implicitly. In our case, the right-hand sides of these ODE feature discontinuities that are caused by an abrupt change of behavior at the size where juveniles are assumed to turn adult. So, we combine the numerical solution of these ODE with curve tracing methods. We have implemented the algorithms for "Daphnia consuming algae" models in C-code. The results obtained by way of this implementation are shown in the form of graphs.

  5. Economic analysis of fusion breeders

    International Nuclear Information System (INIS)

    Delene, J.G.

    1985-01-01

    This paper presents a study of the economic performance of Fission/Fusion Hybrid devices. This work takes fusion breeder cost estimates and applies methodology and cost factors used in the fission reactor programs to compare fusion breeders with Liquid Metal Fast Breeder Reactors (LMFBR). The results of the analysis indicate that the Hybrid will be in the same competitive range as proposed LMFBRs and have the potential to provide economically competitive power in a future of rising uranium prices. The sensitivity of the results to variations in key parameters is included

  6. Behavioral economics and regulatory analysis.

    Science.gov (United States)

    Robinson, Lisa A; Hammitt, James K

    2011-09-01

    Behavioral economics has captured the interest of scholars and the general public by demonstrating ways in which individuals make decisions that appear irrational. While increasing attention is being focused on the implications of this research for the design of risk-reducing policies, less attention has been paid to how it affects the economic valuation of policy consequences. This article considers the latter issue, reviewing the behavioral economics literature and discussing its implications for the conduct of benefit-cost analysis, particularly in the context of environmental, health, and safety regulations. We explore three concerns: using estimates of willingness to pay or willingness to accept compensation for valuation, considering the psychological aspects of risk when valuing mortality-risk reductions, and discounting future consequences. In each case, we take the perspective that analysts should avoid making judgments about whether values are "rational" or "irrational." Instead, they should make every effort to rely on well-designed studies, using ranges, sensitivity analysis, or probabilistic modeling to reflect uncertainty. More generally, behavioral research has led some to argue for a more paternalistic approach to policy analysis. We argue instead for continued focus on describing the preferences of those affected, while working to ensure that these preferences are based on knowledge and careful reflection. © 2011 Society for Risk Analysis.

  7. Economic Analysis of Several Nuclear Fuel Cycles

    International Nuclear Information System (INIS)

    Ko, Won Il; Gao, Fanxing; Kim, Sung Ki

    2012-01-01

    Economics is one of the essential criteria to be considered for the future deployment of the nuclear power. With regard to the competitive power market, the cost of electricity from nuclear power plants is somewhat highly competitive with those from the other electricity generations, averaging lower in cost than fossil fuels, wind, or solar. However, a closer look at the nuclear power production brings an insight that the cost varies within a wide range, highly depending on a nuclear fuel cycle option. The option of nuclear fuel cycle is a key determinant in the economics, and therefrom, a comprehensive comparison among the proposed fuel cycle options necessitates an economic analysis for thirteen promising options based on the material flow analysis obtained by an equilibrium model as specified in the first article (Modeling and System Analysis of Different Fuel Cycle Options for Nuclear Power Sustainability (I): Uranium Consumption and Waste Generation). The objective of the article is to provide a systematic cost comparison among these nuclear fuel cycles. The generation cost (GC) generally consists of a capital cost, an operation and maintenance cost (O and M cost), a fuel cycle cost (FCC), and a decontaminating and decommissioning (D and D) cost. FCC includes a frontend cost and a back-end cost, as well as costs associated with fuel recycling in the cases of semi-closed and closed cycle options. As a part of GC, the economic analysis on FCC mainly focuses on the cost differences among fuel cycle options considered and therefore efficiently avoids the large uncertainties of the Generation-IV reactor capital costs and the advanced reprocessing costs. However, the GC provides a more comprehensive result covering all the associated costs, and therefrom, both GC and FCC have been analyzed, respectively. As a widely applied tool, the levelized cost (mills/KWh) proves to be a fundamental calculation principle in the energy and power industry, which is particularly

  8. Economic analysis of nuclear energy

    Energy Technology Data Exchange (ETDEWEB)

    Lee, Han Myung; Lee, M.K.; Moon, K.H.; Kim, S.S.; Lim, C.Y.; Song, K.D.; Kim, H

    2001-12-01

    The objective of this study is to evaluate the contribution of nuclear energy to the energy use in the economical way, based on the factor survey performed on the internal and external environmental changes occurred recent years. Internal and external environmental changes are being occurred recent years involving with using nuclear energy. This study summarizes the recent environmental changes in nuclear energy such as sustainable development issues, climate change talks, Doha round and newly created electricity fund. This study also carried out the case studies on nuclear energy, based on the environmental analysis performed above. The case studies cover following topics: role of nuclear power in energy/environment/economy, estimation of environmental external cost in electric generation sector, economic comparison of hydrogen production, and inter-industrial analysis of nuclear power generation.

  9. Economic analysis of nuclear energy

    International Nuclear Information System (INIS)

    Lee, Han Myung; Lee, M.K.; Moon, K.H.; Kim, S.S.; Lim, C.Y.; Song, K.D.; Kim, H.

    2001-12-01

    The objective of this study is to evaluate the contribution of nuclear energy to the energy use in the economical way, based on the factor survey performed on the internal and external environmental changes occurred recent years. Internal and external environmental changes are being occurred recent years involving with using nuclear energy. This study summarizes the recent environmental changes in nuclear energy such as sustainable development issues, climate change talks, Doha round and newly created electricity fund. This study also carried out the case studies on nuclear energy, based on the environmental analysis performed above. The case studies cover following topics: role of nuclear power in energy/environment/economy, estimation of environmental external cost in electric generation sector, economic comparison of hydrogen production, and inter-industrial analysis of nuclear power generation

  10. The distribution of economic impacts among rural households: A general equilibrium evaluation of regional water policies

    International Nuclear Information System (INIS)

    Wernstedt, K.

    1991-01-01

    This study focuses on the relative distribution among urban and rural household income classes on the economic impacts of two water-related policies in the Columbia River Basin in the northwestern US. The two policies involve: (1) strategies to improve downstream anadromous fish migrations currently hindered by hydropower operations; and (2) proposals to transfer water from irrigation to hydropower generation. A regional input-output model traces the economic effects of the initial demand and price changes through the entire region. The model incorporates price changes in both a short-run (all endogenous prices are fixed) and a longer-run framework based on a Cobb-Douglas representation (all prices can vary). The analysis suggests that the construction of facilities to enhance fish migration and the physical transport of fish have opposite relative effects. The former benefits rural households, while the latter benefits urban households. Electricity price increases resulting from altered hydropower operations harm middle-income rural households, in the short-run. In the longer-run, electricity price increases seem to favor relatively all rural households. Changes associated with the water transfer policy also include electricity price alterations, as well as price and demand changes for agricultural products. Rural households benefit relative to urban households from agricultural product final demand increases, and tend to lose relatively with agricultural price and demand decreases. The inclusion of secondary impacts allows decision makers to asses the income effects of a project across a wider segment of the population, while the incorporation of short-and longer-run economic frameworks allows policy makers to assess both immediate and future income changes

  11. Economic Analysis of Pyro-SFR Fuel Cycle

    International Nuclear Information System (INIS)

    Gao, Fanxing; Park, Byungheung; Kwon, Eunha; Ko, Wonil

    2010-01-01

    In this study, based on the material flow the economics of Pyro-SFR has been estimated. These are mainly two methodologies to perform nuclear fuel cycle cost study which is based on the material flow calculations. One is equilibrium model and the other is dynamic model. Equilibrium model focus on the batch study with the assumptions that the whole system is in a steady state and mass flow as well as the electricity production all through the fuel cycle is in equilibrium state, which calculates the electricity production within a certain period and associated material flow with reference to unit cost in order to obtain the cost of electricity. Dynamic model takes the time factor into consideration to simulate the actual cases. Compared with the dynamic analysis model, the outcome of equilibrium model is more theoretical comparisons, especially with regard to the large uncertainty of the development of the pyro-technology evaluated. In this study equilibrium model was built to calculate the material flow on a batch basis. With the unit cost being determined, the cost of each step of fuel cycle could be obtained, so does the FMC. Due to the unavoidable uncertainty with certain unit costs, evaluated cost range and uncertainty study are applied. Sensitivity analysis has also been performed to obtain the breakeven uranium price for Pyro-SFR against PWR-O T. Economics of Pyro-SFR fuel cycle scenario has been calculated and compared by employing equilibrium model. The LFCC were obtained, Pyro-SFR 7.68 mills/kWh. The Uranium price is the dominant driver of LFCC. Pyro-techniques also weight considerably in Pyro-SFR scenario. On consideration of the current unavoidable uncertainties introduced by certain cost data, cost range and triangle techniques were used to perform the uncertainty study which indicates that the gap between Pyro-SFR and PWR-O T fuel cycle scenario is relatively small

  12. Cap-and-Trade Modeling and Analysis: Congested Electricity Market Equilibrium

    Science.gov (United States)

    Limpaitoon, Tanachai

    analysis of the joint markets in the presence of market power reveals that strategic permit trading can play a vital role in determining economic outcomes in the electricity market. In particular, I find that a firm with more efficient technologies can employ strategic withholding of permits, which allows for its increase in output share in the electricity market at the expense of other less efficient firms. In addition, strategic permit trading can influence patterns of transmission congestion. These results illustrate that market structure and transmission congestion can have a significant impact on the market performance and environmental outcome of the regulation while the interactions of such factors can lead to unintended consequences. The proposed approach is proven useful as a tool for market monitoring purposes in the short run from the perspective of a system operator, whose responsibility has become indirectly intertwined with emission trading regulation.

  13. From partial to total economic analysis. Five applications to environmental and energy economics

    Energy Technology Data Exchange (ETDEWEB)

    Hoffmann, T.

    2006-05-04

    The studies presented in this thesis address the consequences of market distortions of governmental policies - predominantly in the area of environmental and energy policy. The studies cover different economic aggregation levels: The first study aims at investigating firm-level effects. Thus, the results refer only to a small number of well-defined economic entities, e.g. electricity supply companies in Germany. Subsequently, issues - such as the evaluation of efficiency effects of the European Emissions Trading system - are addressed on a multi-sectoral and multi-regional level, but still only one market is considered. Thereupon, the scope of investigation is broadened by interactions of different markets - e.g. as in the case of the economic evaluation of renewable energy promotion strategies. Finally, a general equilibrium analysis of a European nuclear phase-out scenario covers all economic feed-backs on the national and international level. (orig.) 5.

  14. R&D and economic growth in Slovenia: A dynamic general equilibrium approach with endogenous growth

    NARCIS (Netherlands)

    Verbic, M.; Majcen, B.; Ivanova, O.; Cok, M.

    2011-01-01

    In the article, we model R&D as a major endogenous growth element in a small open economy general equilibrium framework and consider several R&D policy scenarios for Slovenia. Increase of the share of sectoral investment in R&D that is deductible from the corporate income tax and increase of

  15. Bio-economic modeling of water quality improvements using a dynamic applied general equilibrium approach

    NARCIS (Netherlands)

    Dellink, R.; Brouwer, R.; Linderhof, V.G.M.; Stone, K.

    2011-01-01

    An integrated bio-economic model is developed to assess the impacts of pollution reduction policies on water quality and the economy. Emission levels of economic activities to water are determined based on existing environmental accounts. These emission levels are built into a dynamic economic model

  16. Energy equation for the analysis of magnetization relaxation to equilibrium

    Energy Technology Data Exchange (ETDEWEB)

    Bertotti, G. [IEN Galileo Ferraris, Materials Department, Strada delle Cacce, 91, I-10135 Torino (Italy)]. E-mail: bertotti@ien.it; Bonin, R. [Dipartimento di Fisica, Politecnico di Torino, I-10129 Torino (Italy); Magni, A. [IEN Galileo Ferraris, Materials Department, Strada delle Cacce, 91, I-10135 Torino (Italy); Mayergoyz, I.D. [Department of Electrical and Computer Engineering, University of Maryland, College Park, Maryland, 20742 (United States); Serpico, C. [Dipartimento di Ingegneria Elettrica, Universita di Napoli ' Federico II' , I-80125 Naples (Italy)

    2005-02-01

    Magnetization relaxation starting from a generic non-equilibrium state is analytically described. An equation for the energy decay is obtained. On this basis, an approximate expression for the magnetization motion during the ringing process is obtained in terms of Jacobi elliptic functions with time-dependent parameters.

  17. Energy equation for the analysis of magnetization relaxation to equilibrium

    International Nuclear Information System (INIS)

    Bertotti, G.; Bonin, R.; Magni, A.; Mayergoyz, I.D.; Serpico, C.

    2005-01-01

    Magnetization relaxation starting from a generic non-equilibrium state is analytically described. An equation for the energy decay is obtained. On this basis, an approximate expression for the magnetization motion during the ringing process is obtained in terms of Jacobi elliptic functions with time-dependent parameters

  18. Analysis of competitive equilibrium in an infinite dimensional ...

    African Journals Online (AJOL)

    This paper considered the cost of allocated goods and attaining maximal utility with such price in the finite dimensional commodity space and observed that there exist an equilibrium price. It goes further to establish that in an infinite dimensional commodity space with subsets as consumption and production set there exist a ...

  19. An applied general equilibrium model for Dutch agribusiness policy analysis

    NARCIS (Netherlands)

    Peerlings, J.

    1993-01-01

    The purpose of this thesis was to develop a basic static applied general equilibrium (AGE) model to analyse the effects of agricultural policy changes on Dutch agribusiness. In particular the effects on inter-industry transactions, factor demand, income, and trade are of

  20. Municipal solid waste management problems: an applied general equilibrium analysis

    NARCIS (Netherlands)

    Bartelings, H.

    2003-01-01

    Keywords: Environmental policy; General equilibrium modeling; Negishi format; Waste management policies; Market distortions.

    About 40% of the entire budget spent on environmental problems in the

  1. Essays on environmental policy analysis: Computable general equilibrium approaches applied to Sweden

    International Nuclear Information System (INIS)

    Hill, M.

    2001-01-01

    This thesis consists of three essays within the field of applied environmental economics, with the common basic aim of analyzing effects of Swedish environmental policy. Starting out from Swedish environmental goals, the thesis assesses a range of policy-related questions. The objective is to quantify policy outcomes by constructing and applying numerical models especially designed for environmental policy analysis. Static and dynamic multi-sectoral computable general equilibrium models are developed in order to analyze the following issues. The costs and benefits of a domestic carbon dioxide (CO 2 ) tax reform. Special attention is given to how these costs and benefits depend on the structure of the tax system and, furthermore, how they depend on policy-induced changes in 'secondary' pollutants. The effects of allowing for emission permit trading through time when the domestic long-term domestic environmental goal is specified in CO 2 stock terms. The effects on long-term projected economic growth and welfare that are due to damages from emission flow and accumulation of 'local' pollutants (nitrogen oxides and sulfur dioxide), as well as the outcome of environmental policy when costs and benefits are considered in an integrated environmental-economic framework

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

    International Nuclear Information System (INIS)

    Ford, Melanie

    2007-01-01

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

  3. World Oil Price and Biofuels : A General Equilibrium Analysis

    OpenAIRE

    Timilsina, Govinda R.; Mevel, Simon; Shrestha, Ashish

    2011-01-01

    The price of oil could play a significant role in influencing the expansion of biofuels. However, this issue has not been fully investigated yet in the literature. Using a global computable general equilibrium model, this study analyzes the impact of oil price on biofuel expansion, and subsequently, on food supply. The study shows that a 65 percent increase in oil price in 2020 from the 20...

  4. An Equilibrium Analysis of the Gender Wage Gap

    OpenAIRE

    Frederiksen, Elisabeth Hermann

    2006-01-01

    This paper develops a theory of the gender wage gap. In a general equilibrium model, spouses devide their labor between a formal sector and a home sector. Due to indivisibility effects, productivity of labor in the formal sector is negatively related to labor used in the home; at the same time labor inputs are complementary in home production. We show that initial beliefs about the gender wage gap are self-fulfilling, and a central result is multiplicity of equilibria. Spouses allocate their ...

  5. History versus Equilibrium Revisited: Rethinking Neoclassical Economics as the Foundation of Business Education

    Science.gov (United States)

    Clark, Charles Michael Andres

    2014-01-01

    The financial crisis was partially caused by neoclassical economic theory and theorists. This failure has prompted business educators to rethink the role of neoclassical economics as the foundation of business education. The author connects this question to the more general critique of the scientific model of business education and the old…

  6. Economic Analysis of Nuclear Energy

    International Nuclear Information System (INIS)

    Kim, S. S.; Lee, M. K.; Moon, K. H.; Nam, J. H.; Noh, B. C.; Kim, H. R.

    2008-12-01

    The concerns on the global warming issues in the international community are bringing about a paradigm shift in the national economy including energy technology development. In this connection, the green growth mainly utilizing green technology, which emits low carbon, is being initiated by many advanced countries including Korea. The objective of the study is to evaluate the contribution to the national economy from nuclear energy attributable to the characteristics of green technology, to which nuclear energy belongs. The study covers the role of nuclear in addressing climate change issues, the proper share of nuclear in the electricity sector, the cost analyses of decommissioning and radioactive waste management, and the analysis on the economic performance of nuclear R and D including cost benefit analysis

  7. Discharge Fee Policy Analysis: A Computable General Equilibrium (CGE) Model of Water Resources and Water Environments

    OpenAIRE

    Guohua Fang; Ting Wang; Xinyi Si; Xin Wen; Yu Liu

    2016-01-01

    To alleviate increasingly serious water pollution and shortages in developing countries, various kinds of policies have been implemented by local governments. It is vital to quantify and evaluate the performance and potential economic impacts of these policies. This study develops a Computable General Equilibrium (CGE) model to simulate the regional economic and environmental effects of discharge fees. Firstly, water resources and water environment factors are separated from the input and out...

  8. Economic development, flow of funds, and the equilibrium interaction of financial frictions

    Science.gov (United States)

    Moll, Benjamin; Townsend, Robert M.; Zhorin, Victor

    2017-01-01

    We use a variety of different datasets from Thailand to study not only the extremes of micro and macro variables but also within-country flow of funds and labor migration. We develop a general equilibrium model that encompasses regional variation in the type of financial friction and calibrate it to measured variation in regional aggregates. The model predicts substantial capital and labor flows from rural to urban areas even though these differ only in the underlying financial regime. Predictions for micro variables not used directly provide a model validation. Finally, we estimate the impact of a policy of counterfactual, regional isolationism. PMID:28592655

  9. Economic effects of a carbon tax: with a general equilibrium illustration for Belgium

    International Nuclear Information System (INIS)

    Proost, S.; Regemorter, D. Van

    1992-01-01

    The feasibility and efficiency arguments of an international and a national carbon tax are analysed. It is argued that an internationally organized carbon tax can be a good instrument for implementing an international CO 2 abatement strategy. Less efficient instruments like national CO 2 reduction emission objectives are more likely to be implemented. A national carbon tax is analysed as a policy instrument to reach such an internationally agreed national CO 2 emission reduction objective. This is done for Belgium using a dynamic general equilibrium model. (author)

  10. Regional disaster impact analysis: comparing Input-Output and Computable General Equilibrium models

    NARCIS (Netherlands)

    Koks, E.E.; Carrera, L.; Jonkeren, O.; Aerts, J.C.J.H.; Husby, T.G.; Thissen, M.; Standardi, G.; Mysiak, J.

    2016-01-01

    A variety of models have been applied to assess the economic losses of disasters, of which the most common ones are input-output (IO) and computable general equilibrium (CGE) models. In addition, an increasing number of scholars have developed hybrid approaches: one that combines both or either of

  11. Economic analysis of nuclear energy

    International Nuclear Information System (INIS)

    Lee, Man Ki; Moon, K. H.; Kim, S. S.; Lim, C. Y.; Song, K. D.; Oh, K. B.

    2004-12-01

    This study evaluated the role of nuclear energy in various aspects in order to provide a more comprehensive standard of judgement to the justification of the utilization of nuclear energy. Firstly, this study evaluated the economic value addition of nuclear power generation technology and Radio-Isotope(RI) technology quantitatively by using modified Input-Output table. Secondly, a comprehensive cost-benefit analysis of nuclear power generation was conducted with an effort to quantify the foreign exchange expenditure, the environmental damage cost during 1986-2015 for each scenario. Thirdly, the effect of the regulation of CO 2 emission on the Korean electric supply system was investigated. In more detail, an optimal composition of power plant mix by energy source was investigated, under the assumption of the CO 2 emission regulation at a certain level, by using MESSAGE model. Finally, the economic spillover effect from technology self-reliance of NSSS by Korea Atomic Energy Research Institute was evaluated. Both production spillover effect and value addition spillover effect were estimated by using Input-Output table

  12. Value Added Tax and price stability in Nigeria: A partial equilibrium analysis

    Directory of Open Access Journals (Sweden)

    Marius Ikpe

    2013-12-01

    Full Text Available The economic impact of Value Added Tax (VAT that was implemented in Nigeria in 1994 has generated much debate in recent times, especially with respect to its effect on the level of aggregate prices. This study empirically examines the influence of VAT on price stability in Nigeria using partial equilibrium analysis. We introduced the VAT variable in the framework of a combination of structuralist, monetarist and fiscalist approaches to inflation modelling. The analysis was carried out by applying multiple regression analysis in static form to data for the 1994-2010 period. The results reveal that VAT exerts a strong upward pressure on price levels, most likely due to the burden of VAT on intermediate outputs. The study rules out the option of VAT exemptions for intermediate outputs as a solution, due to the difficulty in distinguishing between intermediate and final outputs. Instead, it recommends a detailed post-VAT cost-benefit analysis to assess the social desirability of VAT policy in Nigeria.

  13. Economic and Financial Analysis Tools | Energy Analysis | NREL

    Science.gov (United States)

    Economic and Financial Analysis Tools Economic and Financial Analysis Tools Use these economic and . Job and Economic Development Impact (JEDI) Model Use these easy-to-use, spreadsheet-based tools to analyze the economic impacts of constructing and operating power generation and biofuel plants at the

  14. Equilibrium Strategies in a Fiscal-Monetary Game : a Simulation Analysis

    Directory of Open Access Journals (Sweden)

    Irena Woroniecka-Leciejewicz

    2015-01-01

    Full Text Available The results from a simulation analysis of the policy-mix have been presented, carried out in a fiscal-monetary game, in which fiscal and monetary authorities make decisions from the point of view of realizing their own respective economic objectives. In order to represent the interrelations between, on the one hand, the instruments of fiscal policy and of monetary policy, and, on the other hand - the economic effects resulting from their application, a modified logistic function was used. The method adopted enables consideration of the specificity of the effects of these instruments on the business cycle, consisting in the limited effectiveness of applying any extremely restrictive or expansive policy, and the respective impact on the economy. The simulation study was meant to show the influence exerted both by the parameters of the function and the priorities of the fiscal and monetary authorities on the Nash equilibrium state, corresponding to the choice of a particular combination of budgetary and monetary policies. (original abstract

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

    Directory of Open Access Journals (Sweden)

    Klimis Vogiatzoglou

    2016-11-01

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

  16. Non-equilibrium social science and policy introduction and essays on new and changing paradigms in socio-economic thinking

    CERN Document Server

    Nowak, Andrzej; Ormerod, Paul; Rosewell, Bridget; Zhang, Yi-Cheng

    2017-01-01

    The overall aim of this book, an outcome of the European FP7 FET Open NESS project, is to contribute to the ongoing effort to put the quantitative social sciences on a proper footing for the 21st century. A key focus is economics, and its implications on policy making, where the still dominant traditional approach increasingly struggles to capture the economic realities we observe in the world today - with vested interests getting too often in the way of real advances. Insights into behavioral economics and modern computing techniques have made possible both the integration of larger information sets and the exploration of disequilibrium behavior. The domain-based chapters of this work illustrate how economic theory is the only branch of social sciences which still holds to its old paradigm of an equilibrium science - an assumption that has already been relaxed in all related fields of research in the light of recent advances in complex and dynamical systems theory and related data mining. The other chapters ...

  17. R&D and economic growth in Slovenia: A dynamic general equilibrium approach with endogenous growth

    Directory of Open Access Journals (Sweden)

    Verbič Miroslav

    2011-01-01

    Full Text Available In the article, we model R&D as a major endogenous growth element in a small open economy general equilibrium framework and consider several R&D policy scenarios for Slovenia. Increase of the share of sectoral investment in R&D that is deductible from the corporate income tax and increase of government spending on R&D turned out to be the most effective suggested policy measures. While the former policy measure is still followed in part by an undesired transfer of the tax relief to dividends, a moderate increase of government spending on R&D boosts long-run productivity in the economy, thus increasing the future value of firms, which is reflected in a desired dividend increase. The households that would gain more utility from such policy scenarios are those with more skilled and highly skilled labour, but not the very top earners in the economy.

  18. A theoretical analysis of local thermal equilibrium in fibrous materials

    Directory of Open Access Journals (Sweden)

    Tian Mingwei

    2015-01-01

    Full Text Available The internal heat exchange between each phase and the Local Thermal Equilibrium (LTE scenarios in multi-phase fibrous materials are considered in this paper. Based on the two-phase heat transfer model, a criterion is proposed to evaluate the LTE condition, using derived characteristic parameters. Furthermore, the LTE situations in isothermal/adiabatic boundary cases with two different heat sources (constant heat flux and constant temperature are assessed as special transient cases to test the proposed criterion system, and the influence of such different cases on their LTE status are elucidated. In addition, it is demonstrated that even the convective boundary problems can be generally estimated using this approach. Finally, effects on LTE of the material properties (thermal conductivity, volumetric heat capacity of each phase, sample porosity and pore hydraulic radius are investigated, illustrated and discussed in our study.

  19. An Equilibrium Analysis of the Gender Wage Gap

    DEFF Research Database (Denmark)

    Frederiksen, Elisabeth Hermann

    This paper develops a theory of the gender wage gap. In a general equilibrium model, spouses devide their labor between a formal sector and a home sector. Due to indivisibility effects, productivity of labor in the formal sector is negatively related to labor used in the home; at the same time...... labor inputs are complementary in home production. We show that initial beliefs about the gender wage gap are self-fulfilling, and a central result is multiplicity of equilibria. Spouses allocate their labor equally, if they expect to earn the same wage rates, which ex post reinforces equal wage rates......; whereas they allocate their labor differently, if they expect to earn different wage rates. The latter situation manifests itself in a gender wage gap. By use of numerical examples, we show that welfare is highest when spouses allocate labor equally. We relate this finding to policy recommendations...

  20. Economic comparison of MHD equilibrium options for advanced steady state tokamak power plants

    International Nuclear Information System (INIS)

    Ehst, D.A.; Kessel, C.E.; Jardin, S.C.; Krakowski, R.A.; Bathke, C.G.; Mau, T.K.; Najmabadi, F.

    1998-01-01

    Progress in theory and in tokamak experiments leads to questions of the optimal development path for commercial tokamak power plants. The economic prospects of future designs are compared for several tokamak operating modes: (high poloidal beta) first stability, second stability and reverse shear. Using a simplified economic model and selecting uniform engineering performance parameters, this comparison emphasizes the different physics characteristics - stability and non- inductive current drive - of the various equilibria. The reverse shear mode of operation is shown to offer the lowest cost of electricity for future power plants. (author)

  1. An Empirical Analysis of China's Equilibrium Exchange Rate and Misalignment of the RMB

    OpenAIRE

    Zhu, Lin

    2012-01-01

    As economic globalization develops in depth, the exchange rate as an important means of macroeconomic control and economic leverage has played a critical role in the economic development in China. Moreover, the real exchange rate can affect the competitiveness of a country’s economy. In fact, a large number of scholars claim that a country should maintain the real exchange rate at its “equilibrium level” in order to keep a steady growth of the economy. Thus, many studies have emphasized on e...

  2. A general equilibrium analysis of climate change impacts on tourism

    NARCIS (Netherlands)

    Berrittella, M.; Bigano, A.; Roson, R.; Tol, R.S.J.

    2006-01-01

    This paper studies the economic implications of climate-change-induced variations in tourism demand, using a world CGE model. The model is first re-calibrated at some future years, obtaining hypothetical benchmark equilibria, which are subsequently perturbed by shocks, simulating the effects of

  3. Analysis of radioactive-matter interaction near thermodynamical equilibrium states

    International Nuclear Information System (INIS)

    Damamme, G.

    1993-01-01

    We study the absorption/emission process of photon by matter in the framework of a radiativo-collisionnal model of atom, a thermodynamical approach being used. The considered matter description is the atomic sphere one. First we give the expression of the balance equation around an equilibrium state. Then we express the atomic populations in function of the characteristics of the radiation and of the free electrons and of their time history. This permit us to interpret the photon balance as being due to true emission/absorption process of photons as well as fluorescence terms, all these processes being affected by relaxation effects. The total energy balance between matter and radiation can also be analyzed in the same way and conduct to introduce one photon effective interactions terms for each radiative proper mode, terms also affected by retardation effects. Such a taking into account of atom populations has no consequence on the radiative flux equation (i.e. the transfer opacity) but can considerably modify the energy balance between matter and radiation. (author). 11 refs., 3 figs

  4. Economic Feasibility Analysis Report. Strategic Mobility 21

    National Research Council Canada - National Science Library

    Mallon, Lawrence G; Monaco, Kristen; Fetty, George R

    2007-01-01

    .... This multi-disciplinary analysis provides an objective examination of the economic and operational feasibility of a shuttle train intermodal rail operation under various scenarios connecting the San...

  5. Economic evaluation of increased ethanol use from a 'general equilibrium' aspect

    International Nuclear Information System (INIS)

    Daruvala, D.

    1997-12-01

    It has been recognized that a contribution to the reduction of carbon dioxide emissions can be achieved within the transport sector by the increased use of motor alcohols such as ethanol. The production of ethanol using renewable lignocellulosic materials such as softwood rather than a starch based process is of interest as these raw materials are cheaper and available in large quantities in Sweden. However the large quantities of wood raw material required has raised the question of how an increase in demand for wood material would affect production and profitability in other sectors, particularly the forest related industries. This study contains a broad outline over the flow of wood raw material through such sectors that can be affected if a large increased production of ethanol would occur. These sectors are the forest sector, sawmill sector, pulp sector, the district heating sector and the ethanol sector were chosen because of their production or use of wood raw material. A theoretical model that could estimate these effects was developed. The model in this study is not a general equilibrium model in the traditional sense, but has been designed to measure the net welfare effects caused by an introduction of a single distortion where other sectors in the economy, where in this case the district heating and forest related industries are assumed to be the only other sectors altered as a result. The idea behind this is that a change in the price of ethanol, caused for example by a subsidy will affect not only the market for ethanol but will even have consequences on the other markets, which are interlinked through their production and consumption of wood raw material 17 refs, 4 figs, 9 tabs

  6. The contention within health economics: a micro-economic foundation using a macro-economic analysis.

    Science.gov (United States)

    Yaxley, I L

    1998-03-01

    Health economists claim to use market economics combined with the micro-economic concepts of opportunity cost and the margin to advise on priority setting. However, they are advising on setting priorities through a macro-economic analysis using the costs of the supplier, thus prioritising the producer and not the consumer as the dynamic of economic activity. For health economists any contention within priority setting is due to lack of data not their confusion over fundamental concepts.

  7. Price competition and equilibrium analysis in multiple hybrid channel supply chain

    Science.gov (United States)

    Kuang, Guihua; Wang, Aihu; Sha, Jin

    2017-06-01

    The amazing boom of Internet and logistics industry prompts more and more enterprises to sell commodity through multiple channels. Such market conditions make the participants of multiple hybrid channel supply chain compete each other in traditional and direct channel at the same time. This paper builds a two-echelon supply chain model with a single manufacturer and a single retailer who both can choose different channel or channel combination for their own sales, then, discusses the price competition and calculates the equilibrium price under different sales channel selection combinations. Our analysis shows that no matter the manufacturer and retailer choose same or different channel price to compete, the equilibrium price does not necessarily exist the equilibrium price in the multiple hybrid channel supply chain and wholesale price change is not always able to coordinate supply chain completely. We also present the sufficient and necessary conditions for the existence of equilibrium price and coordination wholesale price.

  8. Analysis of the plasma magnetohydrodynamic equilibrium in iron core transformer Tokamak HL-1M

    International Nuclear Information System (INIS)

    Chen Xiaoguang; Yuan Baoshan

    1992-01-01

    The physical and mathematical model are presented on the problem of MHD equilibrium with the self consistent in iron core transformer HL-1M. Calculation and analysis for the plasma equilibrium of the stable boundary and free boundary are shown respectively, in an axisymmetric equilibrium model of two dimensions. First, a variation formulation of the problem is written and the equations of the poloided flux ψ are solved by a finite element method; the Picard and Newton algorithms are tested for the non-linearities. The plasma boundary and the magnetic surfaces are being simulated, with the currents in the coils, the total plasma current, its current density function and the magnetic permeability of the iron being the data for the problem; a certain number of the characteristic parameter of the equilibrium configuration is calculated. Secondly, a simple method of calculation is adopted in the determination of equilibrium fields and currents in iron core HL-1M tokamak device. In the plasma equilibrium, the magnetic effect of the air gaps in the iron core and the iron magnetic shielded plate are considered in HL-1M device. Reliable data are provided for designing and constructing the poloidal field system of HL-1M device. A good computer code is constructed, which may be useful in operating on analysis for the future device

  9. Asymptotic equilibrium diffusion analysis of time-dependent Monte Carlo methods for grey radiative transfer

    International Nuclear Information System (INIS)

    Densmore, Jeffery D.; Larsen, Edward W.

    2004-01-01

    The equations of nonlinear, time-dependent radiative transfer are known to yield the equilibrium diffusion equation as the leading-order solution of an asymptotic analysis when the mean-free path and mean-free time of a photon become small. We apply this same analysis to the Fleck-Cummings, Carter-Forest, and N'kaoua Monte Carlo approximations for grey (frequency-independent) radiative transfer. Although Monte Carlo simulation usually does not require the discretizations found in deterministic transport techniques, Monte Carlo methods for radiative transfer require a time discretization due to the nonlinearities of the problem. If an asymptotic analysis of the equations used by a particular Monte Carlo method yields an accurate time-discretized version of the equilibrium diffusion equation, the method should generate accurate solutions if a time discretization is chosen that resolves temperature changes, even if the time steps are much larger than the mean-free time of a photon. This analysis is of interest because in many radiative transfer problems, it is a practical necessity to use time steps that are large compared to a mean-free time. Our asymptotic analysis shows that: (i) the N'kaoua method has the equilibrium diffusion limit, (ii) the Carter-Forest method has the equilibrium diffusion limit if the material temperature change during a time step is small, and (iii) the Fleck-Cummings method does not have the equilibrium diffusion limit. We include numerical results that verify our theoretical predictions

  10. Trade Barrier Elimination, Economics of Scale and Market Competition: Computable General Equilibrium Model

    Directory of Open Access Journals (Sweden)

    Widyastutik Widyastutik

    2017-07-01

    Full Text Available The ASEAN and its dialogue partner countries agreed to reduce trade barriers in the services sector, one of which is sea transport services. The purpose of this study is to estimate the equivalent tax of non-tariff barriers in the sea transport services. Besides that, this study is going to analyze the economic impacts of the regulatory barriers elimination in the sea transport services of ASEAN and its dialogue partner countries. Using the gravity model, it can be identified that trade barriers of sea transport services sector of ASEAN and dialogue partner countries are still relatively high. Additionally, by adopting IC-IRTS model in Global CGE Model (GTAP, the simulation results show consistent results with the theory of pro-competitive effects. The greater gain from trade is obtained in the CGE model assuming IC-IRTS compared to PC-CRTS. China gains a greater benefit that is indicated by the highest increase in welfare and GDP followed by Japan and AustraliaDOI: 10.15408/sjie.v6i2.5279

  11. Analysis of the trend to equilibrium of a chemically reacting system

    International Nuclear Information System (INIS)

    Kremer, Gilberto M; Bianchi, Miriam Pandolfi; Soares, Ana Jacinta

    2007-01-01

    In this present paper, a quaternary gaseous reactive mixture, for which the chemical reaction is close to its final stage and the elastic and reactive frequencies are comparable, is modelled within the Boltzmann equation extended to reacting gases. The main objective is a detailed analysis of the non-equilibrium effects arising in the reactive system A 1 + A 2 ↔ A 3 + A 4 , in a flow regime which is considered not far away from thermal, mechanical and chemical equilibrium. A first-order perturbation solution technique is applied to the macroscopic field equations for the spatially homogeneous gas system, and the trend to equilibrium is studied in detail. Adopting elastic hard-spheres and reactive line-of-centres cross sections and an appropriate choice of the input distribution functions-which allows us to distinguish the two cases where the constituents are either at same or different temperatures-explicit computations of the linearized production terms for mass, momentum and total energy are performed for each gas species. The departures from the equilibrium states of densities, temperatures and diffusion fluxes are characterized by small perturbations of their corresponding equilibrium values. For the hydrogen-chlorine system, the perturbations are plotted as functions of time for both cases where the species are either at the same or different temperatures. Moreover, the trend to equilibrium of the reaction rates is represented for the forward and backward reaction H 2 + Cl ↔ HCl + H

  12. Material flows and economic models: an analytical comparison of SFA, LCA and partial equilibrium models

    NARCIS (Netherlands)

    Bouman, M.B.; Heijungs, R.; van der Voet, E.; van den Bergh, J.C.J.M.; Huppes, G.

    2000-01-01

    The growing concern for environmental problems in the current economy has spurred the study of the way materials and substances flow through the economy, resulting in many different types of analysis. Since all of these have their merits and shortcomings, much of the present theoretical research

  13. THE ANALYSIS OF FINANCIAL EQUILIBRIUM THROUGH THE COST OF THE INVESTED CAPITAL

    Directory of Open Access Journals (Sweden)

    MELANIA ELENA MICULEAC

    2016-10-01

    Full Text Available The financial equilibrium of a company can be analyzed through the cost of the invested capital. It is the most pragmatic approach of the financial equilibrium analysis because it takes into account the cost of invested resources, their capacity to account return. I suggest a model to approach the analysis of the balanced average cost of the invested capital using the method of chain substitutions. I reached the conclusion that the main consequence of changes in the balanced average cost of the capital is on the company’s value.

  14. Economic analysis of fuel treatments

    Science.gov (United States)

    D. Evan Mercer; Jeffrey P. Prestemon

    2012-01-01

    The economics of wildfire is complicated because wildfire behavior depends on the spatial and temporal scale at which management decisions made, and because of uncertainties surrounding the results of management actions. Like the wildfire processes they seek to manage, interventions through fire prevention programs, suppression, and fuels management are scale dependent...

  15. Bifurcation and Stability Analysis of the Equilibrium States in Thermodynamic Systems in a Small Vicinity of the Equilibrium Values of Parameters

    Science.gov (United States)

    Barsuk, Alexandr A.; Paladi, Florentin

    2018-04-01

    The dynamic behavior of thermodynamic system, described by one order parameter and one control parameter, in a small neighborhood of ordinary and bifurcation equilibrium values of the system parameters is studied. Using the general methods of investigating the branching (bifurcations) of solutions for nonlinear equations, we performed an exhaustive analysis of the order parameter dependences on the control parameter in a small vicinity of the equilibrium values of parameters, including the stability analysis of the equilibrium states, and the asymptotic behavior of the order parameter dependences on the control parameter (bifurcation diagrams). The peculiarities of the transition to an unstable state of the system are discussed, and the estimates of the transition time to the unstable state in the neighborhood of ordinary and bifurcation equilibrium values of parameters are given. The influence of an external field on the dynamic behavior of thermodynamic system is analyzed, and the peculiarities of the system dynamic behavior are discussed near the ordinary and bifurcation equilibrium values of parameters in the presence of external field. The dynamic process of magnetization of a ferromagnet is discussed by using the general methods of bifurcation and stability analysis presented in the paper.

  16. Economic Consequence Analysis of Disasters: The ECAT Software Tool

    Energy Technology Data Exchange (ETDEWEB)

    Rose, Adam; Prager, Fynn; Chen, Zhenhua; Chatterjee, Samrat; Wei, Dan; Heatwole, Nathaniel; Warren, Eric

    2017-04-15

    This study develops a methodology for rapidly obtaining approximate estimates of the economic consequences from numerous natural, man-made and technological threats. This software tool is intended for use by various decision makers and analysts to obtain estimates rapidly. It is programmed in Excel and Visual Basic for Applications (VBA) to facilitate its use. This tool is called E-CAT (Economic Consequence Analysis Tool) and accounts for the cumulative direct and indirect impacts (including resilience and behavioral factors that significantly affect base estimates) on the U.S. economy. E-CAT is intended to be a major step toward advancing the current state of economic consequence analysis (ECA) and also contributing to and developing interest in further research into complex but rapid turnaround approaches. The essence of the methodology involves running numerous simulations in a computable general equilibrium (CGE) model for each threat, yielding synthetic data for the estimation of a single regression equation based on the identification of key explanatory variables (threat characteristics and background conditions). This transforms the results of a complex model, which is beyond the reach of most users, into a "reduced form" model that is readily comprehensible. Functionality has been built into E-CAT so that its users can switch various consequence categories on and off in order to create customized profiles of economic consequences of numerous risk events. E-CAT incorporates uncertainty on both the input and output side in the course of the analysis.

  17. Analysis of Economic Factors Affecting Stock Market

    OpenAIRE

    Xie, Linyin

    2010-01-01

    This dissertation concentrates on analysis of economic factors affecting Chinese stock market through examining relationship between stock market index and economic factors. Six economic variables are examined: industrial production, money supply 1, money supply 2, exchange rate, long-term government bond yield and real estate total value. Stock market comprises fixed interest stocks and equities shares. In this dissertation, stock market is restricted to equity market. The stock price in thi...

  18. Pet Overpopulation: An Economic Analysis

    OpenAIRE

    Stephen Coate; Brian Knight

    2009-01-01

    This paper considers the problem of pet overpopulation. It develops a tractable dynamic model whose positive predictions square well with key features of the current U.S. market for pets. The model is used to understand, from a welfare economic perspective, the sense in which there is \\overpopulation" of pets and the underlying causes of the problem. The paper also employs the model to consider what policies might be implemented to deal with the problem. A calibrated example is developed to i...

  19. Restructured electric power systems analysis of electricity markets with equilibrium models

    CERN Document Server

    2010-01-01

    Electricity market deregulation is driving the power energy production from a monopolistic structure into a competitive market environment. The development of electricity markets has necessitated the need to analyze market behavior and power. Restructured Electric Power Systems reviews the latest developments in electricity market equilibrium models and discusses the application of such models in the practical analysis and assessment of electricity markets.

  20. Economic analysis of nuclear energy

    Energy Technology Data Exchange (ETDEWEB)

    Song, Ki Dong; Lee, M. K.; Moon, K. H.; Kim, S. S.; Lim, C. Y.; Kim, H. S

    1999-12-01

    The objective of this study is to analyze how the economics of nuclear power generation are affected by the change in nuclear environmental factors and then, to suggest desirable policy directions to improve the efficiency of the use of nuclear energy resources in korea. This study focused to analyze the impact of the change in 3 major nuclear environmental factors in Korea on the economics of nuclear power generation. To do this, environmental external cost, nuclear R and fund, and carbon emission control according to UNFCCC were selected as the major factors. First of all, this study evaluated the impacts on the health and the environment of air pollutants emitted from coal power plant and nuclear power plant, two major electric power generating options in Korea. Then, the environmental external costs of those two options were estimated by transforming the health and environmental impact in to monetary values. To do this, AIRPACTS and 'Impacts of atmospheric release' model developed by IAEA were used. Secondly, the impact of nuclear R and D fund raised by the utility on the increment of nuclear power generating cost was evaluated. Then, the desirable size of the fund in Korea was suggested by taking into consideration the case of Japan. This study also analyzed the influences of the fund on the economics of nuclear power generation. Finally, the role of nuclear power under the carbon emission regulation was analyzed. To do this, the econometric model was developed and the impact of the regulation on the national economy was estimated. Further efforts were made to estimate the role by developing CGE model in order to improve the reliability of the results from the econometric model.

  1. Economic analysis of nuclear energy

    International Nuclear Information System (INIS)

    Song, Ki Dong; Lee, M. K.; Moon, K. H.; Kim, S. S.; Lim, C. Y.; Kim, H. S.

    1999-12-01

    The objective of this study is to analyze how the economics of nuclear power generation are affected by the change in nuclear environmental factors and then, to suggest desirable policy directions to improve the efficiency of the use of nuclear energy resources in korea. This study focused to analyze the impact of the change in 3 major nuclear environmental factors in Korea on the economics of nuclear power generation. To do this, environmental external cost, nuclear R and fund, and carbon emission control according to UNFCCC were selected as the major factors. First of all, this study evaluated the impacts on the health and the environment of air pollutants emitted from coal power plant and nuclear power plant, two major electric power generating options in Korea. Then, the environmental external costs of those two options were estimated by transforming the health and environmental impact in to monetary values. To do this, AIRPACTS and 'Impacts of atmospheric release' model developed by IAEA were used. Secondly, the impact of nuclear R and D fund raised by the utility on the increment of nuclear power generating cost was evaluated. Then, the desirable size of the fund in Korea was suggested by taking into consideration the case of Japan. This study also analyzed the influences of the fund on the economics of nuclear power generation. Finally, the role of nuclear power under the carbon emission regulation was analyzed. To do this, the econometric model was developed and the impact of the regulation on the national economy was estimated. Further efforts were made to estimate the role by developing CGE model in order to improve the reliability of the results from the econometric model

  2. Economic analysis of nuclear reactors

    International Nuclear Information System (INIS)

    Owen, P.S.; Parker, M.B.; Omberg, R.P.

    1979-05-01

    The report presents several methods for estimating the power costs of nuclear reactors. When based on a consistent set of economic assumptions, total power costs may be useful in comparing reactor alternatives. The principal items contributing to the total power costs of a nuclear power plant are: (1) capital costs, (2) fuel cycle costs, (3) operation and maintenance costs, and (4) income taxes and fixed charges. There is a large variation in capital costs and fuel expenses among different reactor types. For example, the standard once-through LWR has relatively low capital costs; however, the fuel costs may be very high if U 3 O 8 is expensive. In contrast, the FBR has relatively high capital costs but low fuel expenses. Thus, the distribution of expenses varies significantly between these two reactors. In order to compare power costs, expenses and revenues associated with each reactor may be spread over the lifetime of the plant. A single annual cost, often called a levelized cost, may be obtained by the methods described. Levelized power costs may then be used as a basis for economic comparisons. The paper discusses each of the power cost components. An exact expression for total levelized power costs is derived. Approximate techniques of estimating power costs will be presented

  3. Economic Analysis of Nuclear Energy

    International Nuclear Information System (INIS)

    Lee, Man Ki; Moon, K. H.; Kim, S. S.; Lim, C. Y.; Song, K. D.; Lee, H. M.; Oh, K. B.

    2003-12-01

    This study consists of various issues as follows; electricity price regulation in the liberalized electricity market, establishment of carbon emission limit in national electricity sector, the role of nuclear power as an future energy supply option, the future prospect of CO2 capture and sequestration and current research status of that area in Korea, and Preliminary economic feasibility study of MIP(Medical Isotopes Producer). In the price regulation in the liberalized electricity market, the characteristic of liberalized electricity market in terms of regulation was discussed. The current status and future projection of GHG emission in Korean electricity sector was also investigated. After that, how to set the GHG emission limit in the national electricity sector was discussed. The characteristic of nuclear technology and the research in progress were summarized with the suggestion of the possible new application of nuclear power. The current status and future prospect of the CO2 capture and sequestration research was introduced and current research status of that area in Korea was investigated. Preliminary economic feasibility study of MIP(Medical Isotopes Producer), using liquid nuclear fuel to produce medical isotopes of Mo-99 and Sr-89, was performed

  4. Economic Analysis of Cyber Security

    National Research Council Canada - National Science Library

    Gallaher, Michael P; Rowe, Brent R; Rogozhin, Alex V; Link, Albert N

    2006-01-01

    .... However, few organizations attempt such analysis for their cyber security mechanisms. Key performance and evaluation metrics are not available, so organizations rely on qualitative assessments...

  5. Economic Analysis of Long Working Hours (Japanese)

    OpenAIRE

    OHTAKE Fumio; OKUDAIRA Hiroko

    2008-01-01

    In this paper we set out the economic grounds for restrictions on long working hours and conduct an empirical analysis using surveys from the perspective of behavioral economics. The results of the analysis indicate that, on a year-on-year basis, if state of health improves, the probability of working more than 60 hours per week increases significantly, but that even when state of health deteriorates there is no decrease in the probability of working long hours. Moreover, among male managemen...

  6. Economic analysis of EBT reactor

    International Nuclear Information System (INIS)

    Woo, J.T.; Uckan, N.A.; Lidsky, L.M.

    1977-01-01

    In order to establish the economic potential of the Elmo Bumpy Torus (EBT) reactor, two independent system-costing models have been developed. Both models predict capital costs of approximately $400/kW(th). These relatively low costs reflect the simplicity of the EBTR design. In particular, the modular nature of the individual blanket-shield segments, the low costs ''accelerator style'' containment building, high beta, and steady-state operation lead to relatively low reactor costs. A detailed cost breakdown for subsystems is analyzed. High cost and high uncertainty subsystems are identified to direct further emphasis into those areas. The calculated capital costs for the EBT reactor are compared with those costs quoted for tokamak reactors

  7. An enhanced search algorithm for the charged fuel enrichment in equilibrium cycle analysis of REBUS-3

    International Nuclear Information System (INIS)

    Park, Tongkyu; Yang, Won Sik; Kim, Sang-Ji

    2017-01-01

    Highlights: • An enhanced search algorithm for charged fuel enrichment was developed for equilibrium cycle analysis with REBUS-3. • The new search algorithm is not sensitive to the user-specified initial guesses. • The new algorithm reduces the computational time by a factor of 2–3. - Abstract: This paper presents an enhanced search algorithm for the charged fuel enrichment in equilibrium cycle analysis of REBUS-3. The current enrichment search algorithm of REBUS-3 takes a large number of iterations to yield a converged solution or even terminates without a converged solution when the user-specified initial guesses are far from the solution. To resolve the convergence problem and to reduce the computational time, an enhanced search algorithm was developed. The enhanced algorithm is based on the idea of minimizing the number of enrichment estimates by allowing drastic enrichment changes and by optimizing the current search algorithm of REBUS-3. Three equilibrium cycle problems with recycling, without recycling and of high discharge burnup were defined and a series of sensitivity analyses were performed with a wide range of user-specified initial guesses. Test results showed that the enhanced search algorithm is able to produce a converged solution regardless of the initial guesses. In addition, it was able to reduce the number of flux calculations by a factor of 2.9, 1.8, and 1.7 for equilibrium cycle problems with recycling, without recycling, and of high discharge burnup, respectively, compared to the current search algorithm.

  8. A hierarchical analysis of terrestrial ecosystem model Biome-BGC: Equilibrium analysis and model calibration

    Energy Technology Data Exchange (ETDEWEB)

    Thornton, Peter E [ORNL; Wang, Weile [ORNL; Law, Beverly E. [Oregon State University; Nemani, Ramakrishna R [NASA Ames Research Center

    2009-01-01

    The increasing complexity of ecosystem models represents a major difficulty in tuning model parameters and analyzing simulated results. To address this problem, this study develops a hierarchical scheme that simplifies the Biome-BGC model into three functionally cascaded tiers and analyzes them sequentially. The first-tier model focuses on leaf-level ecophysiological processes; it simulates evapotranspiration and photosynthesis with prescribed leaf area index (LAI). The restriction on LAI is then lifted in the following two model tiers, which analyze how carbon and nitrogen is cycled at the whole-plant level (the second tier) and in all litter/soil pools (the third tier) to dynamically support the prescribed canopy. In particular, this study analyzes the steady state of these two model tiers by a set of equilibrium equations that are derived from Biome-BGC algorithms and are based on the principle of mass balance. Instead of spinning-up the model for thousands of climate years, these equations are able to estimate carbon/nitrogen stocks and fluxes of the target (steady-state) ecosystem directly from the results obtained by the first-tier model. The model hierarchy is examined with model experiments at four AmeriFlux sites. The results indicate that the proposed scheme can effectively calibrate Biome-BGC to simulate observed fluxes of evapotranspiration and photosynthesis; and the carbon/nitrogen stocks estimated by the equilibrium analysis approach are highly consistent with the results of model simulations. Therefore, the scheme developed in this study may serve as a practical guide to calibrate/analyze Biome-BGC; it also provides an efficient way to solve the problem of model spin-up, especially for applications over large regions. The same methodology may help analyze other similar ecosystem models as well.

  9. Core fuel management using TVS-2M fuel assembly and economic analysis

    International Nuclear Information System (INIS)

    Xu Min; Wang Hongxia; Li Youyi

    2014-01-01

    To improve the economic efficiency, TVS-2M fuel assembly was considered to apply in Tianwan Nuclear Power Plant units 3, 4. Using KASKAD program package, a preliminary research and design was carried out for the Tianwan Nuclear Power Plant loading TVS-2M fuel assembly from the first cycle to equilibrium cycle. An improved fuel management program was obtained, and the economic analysis of the two fuel management programs with or without TVS-2M assembly was studied. The analysis results show that TVS-2M fuel assembly can improve the economic efficiency of the plant remarkably. (authors)

  10. Thermodynamics and process analysis for future economic scenarios

    International Nuclear Information System (INIS)

    Ayres, R.U.

    1995-01-01

    Economists are increasingly interested in forecasting future costs and benefits of policies for dealing with materials/energy fluxes, polluting emissions and environmental impacts on various scales, from sectoral to global. Computable general equilibrium (CGE) models are currently popular because they project demand and industrial structure into the future, along an equilibrium path. But they are applicable only to the extent that structural changes occur in or near equilibrium, independent of radical technological (or social) change. The alternative tool for analyzing economic implications of scenario assumptions is to use Leontief-type Input-Output (I-O) models. I-O models are unable to endogenize structural shifts (changing I-O coefficients). However, this can be a virtue when considering radical rather than incremental shifts. Postulated I-O tables can be used independently to check the internal consistency of scenarios. Or I-O models can be used to generate scenarios by linking them to econometric 'macro-drivers' (which can, in principle, be CGE models). Explicit process analysis can be integrated, in principle, with I-O models. This hybrid scheme provides a natural means of satisfying physical constraints, especially the first and second laws of thermodynamics. This is important, to avoid constructing scenarios based on physically impossible processes. Process analysis is really the only available tool for constructing physically plausible alternative future I-O tables, and generating materials/energy and waste emissions coefficients. Explicit process analysis also helps avoid several problems characteristic of 'pure' CGE or I-O models, viz. (1) aggregation errors (2) inability to handle arbitrary combinations of co-product and co-input relationships and (3) inability to reflect certain non-linearities such as internal feedback loops. 4 figs., 2 tabs., 38 refs

  11. Economic Analysis of Nuclear Energy

    International Nuclear Information System (INIS)

    Lee, Han Myung; Lee, M. K.; Moon, K. H.; Kim, S. S.; Lim, C. Y.; Song, K. D.; Oh, K. B.

    2002-12-01

    This study deals with current energy issues, environmental aspects of energy, project feasibility evaluation, and activities of international organizations. Current energy issues including activities related with UNFCCC, sustainable development, and global concern on energy issues were surveyed with focusing on nuclear related activities. Environmental aspects of energy includes various topics such as, inter- industrial analysis of nuclear sector, the role of nuclear power in mitigating GHG emission, carbon capture and sequestration technology, hydrogen production by using nuclear energy, Life Cycle Analysis as a method of evaluating environmental impacts of a technology, and spent fuel management in the case of introducing fast reactor and/or accelerator driven system. Project feasibility evaluation includes nuclear desalination using SMART reactor, and introduction of COMFAR computer model, developed by UNIDO to carry out feasibility analysis in terms of business attitude. Activities of international organizations includes energy planning activities of IAEA and OECD/NEA, introduction of the activities of FNCA, one of the cooperation mechanism among Asian countries. In addition, MESSAGE computer model was also introduced. The model is being developed by IAEA to effectively handle liberalization of electricity market combined with environmental constraints

  12. Item Analysis in Introductory Economics Testing.

    Science.gov (United States)

    Tinari, Frank D.

    1979-01-01

    Computerized analysis of multiple choice test items is explained. Examples of item analysis applications in the introductory economics course are discussed with respect to three objectives: to evaluate learning; to improve test items; and to help improve classroom instruction. Problems, costs and benefits of the procedures are identified. (JMD)

  13. Thermodynamics, thermoeconomic and economic analysis of ...

    African Journals Online (AJOL)

    The thermoeconomic analysis proposes the distribution of costs based on thermodynamic concepts, enabling the evaluation of reflection of the investment costs and fuel in the cost of products (steam and electricity). The economic analysis acts as a deciding factor for acceptance or project rejection. Keywords: Cogeneration ...

  14. Economic Analysis of Different Nuclear Fuel Cycle Options

    International Nuclear Information System (INIS)

    Ko, W.; Gao, F.

    2012-01-01

    An economic analysis has been performed to compare four nuclear fuel cycle options: a once-through cycle (OT), DUPIC recycling, thermal recycling using MOX fuel in a pressurized water reactor (PWR-MOX), and sodium fast reactor recycling employing pyro processing (Pyro-SFR). This comparison was made to suggest an economic competitive fuel cycle for the Republic of Korea. The fuel cycle cost (FCC) has been calculated based on the equilibrium material flows integrated with the unit cost of the fuel cycle components. The levelized fuel cycle costs (LFCC) have been derived in terms of mills/kWh for a fair comparison among the FCCs, and the results are as follows: OT 7.35 mills/kWh, DUPIC 9.06 mills/kWh, PUREX-MOX 8.94 mills/kWh, and Pyro-SFR 7.70 mills/kWh. Due to unavoidable uncertainties, a cost range has been applied to each unit cost, and an uncertainty study has been performed accordingly. A sensitivity analysis has also been carried out to obtain the break-even uranium price (215$/kgU) for the Pyro-SFR against the OT, which demonstrates that the deployment of the Pyro-SFR may be economical in the foreseeable future. The influence of pyro techniques on the LFCC has also been studied to determine at which level the potential advantages of Pyro-SFR can be realized.

  15. Economic analysis of nuclear energy

    Energy Technology Data Exchange (ETDEWEB)

    Song, Ki Dong; Lee, M. K.; Moon, K. H.; Kim, S. S.; Lim, C. Y.; Kim, H. S

    2000-12-01

    This study identified the role of nuclear energy in the following three major aspects. First of all, this study carried out cost effectiveness of nuclear as a CDM technology, which is one of means of GHG emission reduction in UNFCCC. Secondly, environmental externalities caused by air pollutants emitted by power options were estimated. The 'observed market behaviour' method and 'responses to hypothetical market' method were used to estimate objectively the environmental external costs by electric source, respectively. Finally, the role of nuclear power in securing electricity supply in a liberalized electricity market was analyzed. This study made efforts to investigate whether nuclear power generation with high investment cost could be favored in a liberalized market by using 'option value' analysis of investments.

  16. Economic analysis of nuclear energy

    International Nuclear Information System (INIS)

    Song, Ki Dong; Lee, M. K.; Moon, K. H.; Kim, S. S.; Lim, C. Y.; Kim, H. S.

    2000-12-01

    This study identified the role of nuclear energy in the following three major aspects. First of all, this study carried out cost effectiveness of nuclear as a CDM technology, which is one of means of GHG emission reduction in UNFCCC. Secondly, environmental externalities caused by air pollutants emitted by power options were estimated. The 'observed market behaviour' method and 'responses to hypothetical market' method were used to estimate objectively the environmental external costs by electric source, respectively. Finally, the role of nuclear power in securing electricity supply in a liberalized electricity market was analyzed. This study made efforts to investigate whether nuclear power generation with high investment cost could be favored in a liberalized market by using 'option value' analysis of investments

  17. Structural analysis of equilibrium and ohmic heating coil assemblies for the TFTR

    International Nuclear Information System (INIS)

    Chattopadhyay, S.

    1975-10-01

    The structural adequacy of the equilibrium and ohmic heating coils and their support systems for the TFTR device has been investigated. The capability of the coils to span ribs of the support structure has been established. The support structure has been found to be effective in resisting the magnetic forces in the coils. The bands encircling the outboard coils and the band tensioning devices have been found to perform adequately. The analysis is based on October 1975 conceptual design

  18. Implications of the Biofuels Boom for the Global Livestock Industry: A Computable General Equilibrium Analysis

    OpenAIRE

    Taheripour, Farzad; Hertel, Thomas W.; Tyner, Wallace E.

    2009-01-01

    In this paper, we offer a general equilibrium analysis of the impacts of US and EU biofuel mandates for the global livestock sector. Our simulation boosts biofuel production in the US and EU from 2006 levels to mandated 2015 levels. We show that mandates will encourage crop production in both biofuel and non biofuel producing regions, while reducing livestock and livestock production in most regions of the world. The non-ruminant industry curtails its production more than other livestock indu...

  19. Stability Analysis of Anchored Soil Slope Based on Finite Element Limit Equilibrium Method

    Directory of Open Access Journals (Sweden)

    Rui Zhang

    2016-01-01

    Full Text Available Under the condition of the plane strain, finite element limit equilibrium method is used to study some key problems of stability analysis for anchored slope. The definition of safe factor in slices method is generalized into FEM. The “true” stress field in the whole structure can be obtained by elastic-plastic finite element analysis. Then, the optimal search for the most dangerous sliding surface with Hooke-Jeeves optimized searching method is introduced. Three cases of stability analysis of natural slope, anchored slope with seepage, and excavation anchored slope are conducted. The differences in safety factor quantity, shape and location of slip surface, anchoring effect among slices method, finite element strength reduction method (SRM, and finite element limit equilibrium method are comparatively analyzed. The results show that the safety factor given by the FEM is greater and the unfavorable slip surface is deeper than that by the slice method. The finite element limit equilibrium method has high calculation accuracy, and to some extent the slice method underestimates the effect of anchor, and the effect of anchor is overrated in the SRM.

  20. Discharge Fee Policy Analysis: A Computable General Equilibrium (CGE Model of Water Resources and Water Environments

    Directory of Open Access Journals (Sweden)

    Guohua Fang

    2016-09-01

    Full Text Available To alleviate increasingly serious water pollution and shortages in developing countries, various kinds of policies have been implemented by local governments. It is vital to quantify and evaluate the performance and potential economic impacts of these policies. This study develops a Computable General Equilibrium (CGE model to simulate the regional economic and environmental effects of discharge fees. Firstly, water resources and water environment factors are separated from the input and output sources of the National Economic Production Department. Secondly, an extended Social Accounting Matrix (SAM of Jiangsu province is developed to simulate various scenarios. By changing values of the discharge fees (increased by 50%, 100% and 150%, three scenarios are simulated to examine their influence on the overall economy and each industry. The simulation results show that an increased fee will have a negative impact on Gross Domestic Product (GDP. However, waste water may be effectively controlled. Also, this study demonstrates that along with the economic costs, the increase of the discharge fee will lead to the upgrading of industrial structures from a situation of heavy pollution to one of light pollution which is beneficial to the sustainable development of the economy and the protection of the environment.

  1. Los Alamos National Laboratory Economic Analysis Capability Overview

    Energy Technology Data Exchange (ETDEWEB)

    Boero, Riccardo [Los Alamos National Lab. (LANL), Los Alamos, NM (United States). Information Systems and Modeling Group; Edwards, Brian Keith [Los Alamos National Lab. (LANL), Los Alamos, NM (United States). Information Systems and Modeling Group; Pasqualini, Donatella [Los Alamos National Lab. (LANL), Los Alamos, NM (United States). Information Systems and Modeling Group; Rivera, Michael Kelly [Los Alamos National Lab. (LANL), Los Alamos, NM (United States). Information Systems and Modeling Group

    2016-04-19

    Los Alamos National Laboratory has developed two types of models to compute the economic impact of infrastructure disruptions. FastEcon is a fast running model that estimates first-­order economic impacts of large scale events such as hurricanes and floods and can be used to identify the amount of economic activity that occurs in a specific area. LANL’s Computable General Equilibrium (CGE) model estimates more comprehensive static and dynamic economic impacts of a broader array of events and captures the interactions between sectors and industries when estimating economic impacts.

  2. Equilibrium paths analysis of materials with rheological properties by using the chaos theory

    Science.gov (United States)

    Bednarek, Paweł; Rządkowski, Jan

    2018-01-01

    The numerical equilibrium path analysis of the material with random rheological properties by using standard procedures and specialist computer programs was not successful. The proper solution for the analysed heuristic model of the material was obtained on the base of chaos theory elements and neural networks. The paper deals with mathematical reasons of used computer programs and also are elaborated the properties of the attractor used in analysis. There are presented results of conducted numerical analysis both in a numerical and in graphical form for the used procedures.

  3. Advanced Fuel Cycle Economic Sensitivity Analysis

    Energy Technology Data Exchange (ETDEWEB)

    David Shropshire; Kent Williams; J.D. Smith; Brent Boore

    2006-12-01

    A fuel cycle economic analysis was performed on four fuel cycles to provide a baseline for initial cost comparison using the Gen IV Economic Modeling Work Group G4 ECON spreadsheet model, Decision Programming Language software, the 2006 Advanced Fuel Cycle Cost Basis report, industry cost data, international papers, the nuclear power related cost study from MIT, Harvard, and the University of Chicago. The analysis developed and compared the fuel cycle cost component of the total cost of energy for a wide range of fuel cycles including: once through, thermal with fast recycle, continuous fast recycle, and thermal recycle.

  4. Probabilistic sensitivity analysis in health economics.

    Science.gov (United States)

    Baio, Gianluca; Dawid, A Philip

    2015-12-01

    Health economic evaluations have recently become an important part of the clinical and medical research process and have built upon more advanced statistical decision-theoretic foundations. In some contexts, it is officially required that uncertainty about both parameters and observable variables be properly taken into account, increasingly often by means of Bayesian methods. Among these, probabilistic sensitivity analysis has assumed a predominant role. The objective of this article is to review the problem of health economic assessment from the standpoint of Bayesian statistical decision theory with particular attention to the philosophy underlying the procedures for sensitivity analysis. © The Author(s) 2011.

  5. Asymptotic analysis of discrete schemes for non-equilibrium radiation diffusion

    International Nuclear Information System (INIS)

    Cui, Xia; Yuan, Guang-wei; Shen, Zhi-jun

    2016-01-01

    Motivated by providing well-behaved fully discrete schemes in practice, this paper extends the asymptotic analysis on time integration methods for non-equilibrium radiation diffusion in [2] to space discretizations. Therein studies were carried out on a two-temperature model with Larsen's flux-limited diffusion operator, both the implicitly balanced (IB) and linearly implicit (LI) methods were shown asymptotic-preserving. In this paper, we focus on asymptotic analysis for space discrete schemes in dimensions one and two. First, in construction of the schemes, in contrast to traditional first-order approximations, asymmetric second-order accurate spatial approximations are devised for flux-limiters on boundary, and discrete schemes with second-order accuracy on global spatial domain are acquired consequently. Then by employing formal asymptotic analysis, the first-order asymptotic-preserving property for these schemes and furthermore for the fully discrete schemes is shown. Finally, with the help of manufactured solutions, numerical tests are performed, which demonstrate quantitatively the fully discrete schemes with IB time evolution indeed have the accuracy and asymptotic convergence as theory predicts, hence are well qualified for both non-equilibrium and equilibrium radiation diffusion. - Highlights: • Provide AP fully discrete schemes for non-equilibrium radiation diffusion. • Propose second order accurate schemes by asymmetric approach for boundary flux-limiter. • Show first order AP property of spatially and fully discrete schemes with IB evolution. • Devise subtle artificial solutions; verify accuracy and AP property quantitatively. • Ideas can be generalized to 3-dimensional problems and higher order implicit schemes.

  6. Verify Super Double-Heterogeneous Spherical Lattice Model for Equilibrium Fuel Cycle Analysis AND HTR Spherical Super Lattice Model for Equilibrium Fuel Cycle Analysis

    International Nuclear Information System (INIS)

    Gray S. Chang

    2005-01-01

    The currently being developed advanced High Temperature gas-cooled Reactors (HTR) is able to achieve a simplification of safety through reliance on innovative features and passive systems. One of the innovative features in these HTRs is reliance on ceramic-coated fuel particles to retain the fission products even under extreme accident conditions. Traditionally, the effect of the random fuel kernel distribution in the fuel pebble/block is addressed through the use of the Dancoff correction factor in the resonance treatment. However, the Dancoff correction factor is a function of burnup and fuel kernel packing factor, which requires that the Dancoff correction factor be updated during Equilibrium Fuel Cycle (EqFC) analysis. An advanced KbK-sph model and whole pebble super lattice model (PSLM), which can address and update the burnup dependent Dancoff effect during the EqFC analysis. The pebble homogeneous lattice model (HLM) is verified by the burnup characteristics with the double-heterogeneous KbK-sph lattice model results. This study summarizes and compares the KbK-sph lattice model and HLM burnup analyzed results. Finally, we discuss the Monte-Carlo coupling with a fuel depletion and buildup code--ORIGEN-2 as a fuel burnup analysis tool and its PSLM calculated results for the HTR EqFC burnup analysis

  7. Economic Analysis of Horticultural Enterprises in Yenagoa ...

    African Journals Online (AJOL)

    The study was on Economic analysis of horticultural enterprises in Yenagoa metropolis of Bayelsa State, Nigeria. A total of 8 horticultural enterprises were chosen through a pilot survey to form the sample size. Results show that horticultural farming is an activity for both males and females. A greater number of the ...

  8. Comparative Economic Analysis of Beekeeping Using Traditional ...

    African Journals Online (AJOL)

    The study was carried out in Tabora and Katavi regions in the miombo woodlands of Tanzania. The overall objective of the study was to undertake a comparative economic analysis of beekeeping using improved or traditional beehives. Data were collected from 198 beekeepers that were randomly selected from a sampling ...

  9. Economic impact assessment in pest risk analysis

    NARCIS (Netherlands)

    Soliman, T.A.A.; Mourits, M.C.M.; Oude Lansink, A.G.J.M.; Werf, van der W.

    2010-01-01

    According to international treaties, phytosanitary measures against introduction and spread of invasive plant pests must be justified by a science-based pest risk analysis (PRA). Part of the PRA consists of an assessment of potential economic consequences. This paper evaluates the main available

  10. The Economic Analysis of University Participation Rates

    Science.gov (United States)

    Fallis, George

    2015-01-01

    Over the postwar period in most developed countries, the university participation rate has risen steadily to well over 30 percent, although there remain differences between countries. Students from lower income families have lower participation rates than those from higher income families. The article provides an economic analysis of these…

  11. An economic analysis of communal goat production

    OpenAIRE

    P.J. Sebei; C.M.E. McCrindle; E.C. Webb

    2004-01-01

    The economic impact of different extension messages used was calculated using enterprise budgeting (gross margin analysis). Input data were gleaned from the literature, from participatory appraisals, as well as a field study, spanning 12 months, of small-scalecommunal goat farming systems in Jericho in the Odi District of NorthWest Province. The number of offspring weaned per annum, as a proportion of does owned, was selected as the desired output for analysis. This study has shown that small...

  12. A dynamic general equilibrium analysis on fostering a hydrogen economy in Korea

    International Nuclear Information System (INIS)

    Bae, Jeong Hwan; Cho, Gyeong-Lyeob

    2010-01-01

    Hydrogen is anticipated to become one of the major alternative energy technologies for a sustainable energy system. This study analyzes the dynamic economic impacts of building a hydrogen economy in Korea employing a dynamic Computable General Equilibrium (CGE) model. As a frontier technology, hydrogen is featured as having a slow diffusion rate due to option value, positive externality, resistance of old technology, and complementary vintages. Without government intervention, hydrogen-derived energy will supply up to 6.5% of final energy demand by 2040. Simulation outcomes show that as price subsidy rates increase by 10%, 20%, and 30%, hydrogen demand will increase by 9.2%, 15.2%, and 37.7%, respectively, of final energy demand by 2040. The output of the transportation sector will increase significantly, while demands for oil and electricity will decline. Demands for coal and LNG will experience little change. Household consumption will decline because of the increase of income taxes. Overall GDP will increase because of the increase in exports and investments. CO 2 emission will decline for medium and high subsidy rate cases, but increase for low subsidy cases. Ultimately, subsidy policy on hydrogen will not be an effective measure for mitigating CO 2 emission in Korea when considering dynamic general equilibrium effects. (author)

  13. Development of the PARVMEC Code for Rapid Analysis of 3D MHD Equilibrium

    Science.gov (United States)

    Seal, Sudip; Hirshman, Steven; Cianciosa, Mark; Wingen, Andreas; Unterberg, Ezekiel; Wilcox, Robert; ORNL Collaboration

    2015-11-01

    The VMEC three-dimensional (3D) MHD equilibrium has been used extensively for designing stellarator experiments and analyzing experimental data in such strongly 3D systems. Recent applications of VMEC include 2D systems such as tokamaks (in particular, the D3D experiment), where application of very small (delB/B ~ 10-3) 3D resonant magnetic field perturbations render the underlying assumption of axisymmetry invalid. In order to facilitate the rapid analysis of such equilibria (for example, for reconstruction purposes), we have undertaken the task of parallelizing the VMEC code (PARVMEC) to produce a scalable and temporally rapidly convergent equilibrium code for use on parallel distributed memory platforms. The parallelization task naturally splits into three distinct parts 1) radial surfaces in the fixed-boundary part of the calculation; 2) two 2D angular meshes needed to compute the Green's function integrals over the plasma boundary for the free-boundary part of the code; and 3) block tridiagonal matrix needed to compute the full (3D) pre-conditioner near the final equilibrium state. Preliminary results show that scalability is achieved for tasks 1 and 3, with task 2 still nearing completion. The impact of this work on the rapid reconstruction of D3D plasmas using PARVMEC in the V3FIT code will be discussed. Work supported by U.S. DOE under Contract DE-AC05-00OR22725 with UT-Battelle, LLC.

  14. Economic impact analysis of load forecasting

    International Nuclear Information System (INIS)

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

    1997-01-01

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

  15. General Equilibrium Analysis of Electricity Market Liberalization in Singapore: A Comparative Study

    Directory of Open Access Journals (Sweden)

    Fenglong XIAO

    2011-12-01

    Full Text Available The liberalization in electricity market in Singapore has being undertaken for more than 15 years. This paper evaluates the influence of competition policies by computable general equilibrium (CGE model. Instead of the direct measurement of the impact of competition policy, the benefit of liberalization is reflected by the simulation of a hypothetical regulatory condition. Comparing to the regulatory scenario, simulation result implies the current liberalization raises GDP and exchange rate significantly, but also leaves the tradeoff between higher national income and lower consumer welfare to government. If such choice of economic policy is necessary for political demand, a formal legal framework is required to enforce the restoration of the economy from regulatory restrictions.

  16. Equilibrium and linear analysis of rotating plasmas: fluid and guiding center results

    International Nuclear Information System (INIS)

    Iacono, R.

    1990-06-01

    This work is devoted to the equilibrium and stability of rotating plasmas. Apart from its theoretical interest, this subject has become of practical importance in fusion research, due to the use in recent tokamak experiments of auxiliary heating methods such as neutral-beam injection, which can produce large plasma flows. Flow velocities up to the ion sound speed have been measured on different machines and new phenomena associated with the flow, such as distorsions of the plasma equilibrium profiles, have been observed. As a consequence, flows must be included in the macroscopic description of plasma equilibrium, which is the basis for the analysis and the design of magnetic confinement machines, and the stability properties of equilibria with flows need to be investigated. Here, attention is centered on toroidal confinement machines and in particular on tokamaks. However, some of the results to be presented may be of interest also for other domains (strong mass flows also occur in astrophysical and geophysical contexts such as in the Jovian magnetosphere or in the Earth's magnetopause and plasmapause. It should be noted that equilibrium and, in particular, stability with flows are poorly understood at present. Therefore, many of the questions we will consider are of quite a general nature. We are not yet at the point where quantitative comparisons with specific experiments can be made. Even the choice of a convenient model to study plasma flow is far from being evident. So far most of the theoretical investigations have used the magnetohydrodynamic (MHD) model, which is one of the simplest descriptions of a plasma. In this work, however, it will be shown that, for rotating plasmas, the 'simple' MHD model can give very complicated and physically meaningless results, while more 'complicated' models can provide a simpler and more realistic description of the plasma behaviour. 65 refs., 8 figs., 3 tabs

  17. Evaluation of remote maintenance schemes by plasma equilibrium analysis in Tokamak DEMO reactor

    International Nuclear Information System (INIS)

    Utoh, Hiroyasu; Tobita, Kenji; Asakura, Nobuyuki; Sakamoto, Yoshiteru

    2014-01-01

    Highlights: • The remote maintenance schemes in DEMO reactor were evaluated by the plasma equilibrium analysis. • Horizontal sector transport maintenance scheme requires the largest total PF coil current. • The difference of total PF coil current for MHD equilibrium in between the large segmented divertor maintenance and the segmentalized divertor maintenance was about 10%. - Abstract: The remote maintenance schemes in a DEMO reactor are categorized by insertion direction, blanket segmentation, and divertor maintenance scheme, and are quantitatively evaluated by analysing the plasma equilibrium. The positions of the poloidal field (PF) coil are limited by the size of the toroidal field (TF) coil and the maintenance port layout of each remote maintenance scheme. Because the PF coils are located near the larger TF coil and far from the plasma surface, the horizontal sector transport maintenance scheme requires the largest part of total PF coil current, 25% larger than that required for separated sector transport using vertical maintenance ports with segmented divertor maintenance (SDM). In the unsegmented divertor maintenance (UDM) scheme, the total magnetic stored energy in the PF coils at plasma equilibrium is about 30% larger than that stored in the SDM scheme, but the time required for removal and installation of all the divertor cassettes in the UDM scheme is roughly a third of that required in the SDM scheme because the number of divertor cassettes in the UDM scheme is a third of that in the SDM scheme. From the viewpoint of simple maintenance operations, the merit of the UDM scheme has more merit than the SDM scheme

  18. Are Equity and Efficiency Irreconcilable Goals in Education? A General Equilibrium Analysis of Basic Education Finance in China

    Science.gov (United States)

    Ding, Weili; Lu, Ming

    2007-01-01

    Lacking guidance of general equilibrium (GE) theories in public economics and the corresponding proper mechanisms, China has not surprisingly witnessed an inequality in educational expenditures across regions as well as insufficiency of funds for education in poor areas. It is wrongly thought that what happens is due to the decentralized financing…

  19. Economic Analysis of Improved Alkaline Water Electrolysis

    International Nuclear Information System (INIS)

    Kuckshinrichs, Wilhelm; Ketelaer, Thomas; Koj, Jan Christian

    2017-01-01

    Alkaline water electrolysis (AWE) is a mature hydrogen production technology and there exists a range of economic assessments for available technologies. For advanced AWEs, which may be based on novel polymer-based membrane concepts, it is of prime importance that development comes along with new configurations and technical and economic key process parameters for AWE that might be of interest for further economic assessments. This paper presents an advanced AWE technology referring to three different sites in Europe (Germany, Austria, and Spain). The focus is on financial metrics, the projection of key performance parameters of advanced AWEs, and further financial and tax parameters. For financial analysis from an investor’s (business) perspective, a comprehensive assessment of a technology not only comprises cost analysis but also further financial analysis quantifying attractiveness and supply/market flexibility. Therefore, based on cash flow (CF) analysis, a comprehensible set of metrics may comprise levelised cost of energy or, respectively, levelized cost of hydrogen (LCH) for cost assessment, net present value (NPV) for attractiveness analysis, and variable cost (VC) for analysis of market flexibility. The German AWE site turns out to perform best in all three financial metrics (LCH, NPV, and VC). Though there are slight differences in investment cost and operation and maintenance cost projections for the three sites, the major cost impact is due to the electricity cost. Although investment cost is slightly lower and labor cost is significantly lower in Spain, the difference can not outweigh the higher electricity cost compared to Germany. Given the assumption that the electrolysis operators are customers directly and actively participating in power markets, and based on the regulatory framework in the three countries, in this special case electricity cost in Germany is lowest. However, as electricity cost is profoundly influenced by political decisions as

  20. Economic Analysis of Improved Alkaline Water Electrolysis

    Energy Technology Data Exchange (ETDEWEB)

    Kuckshinrichs, Wilhelm, E-mail: w.kuckshinrichs@fz-juelich.de; Ketelaer, Thomas; Koj, Jan Christian [Forschungszentrum Juelich, Institute for Energy and Climate Research – Systems Analysis and Technology Evaluation (IEK-STE), Juelich (Germany)

    2017-02-20

    Alkaline water electrolysis (AWE) is a mature hydrogen production technology and there exists a range of economic assessments for available technologies. For advanced AWEs, which may be based on novel polymer-based membrane concepts, it is of prime importance that development comes along with new configurations and technical and economic key process parameters for AWE that might be of interest for further economic assessments. This paper presents an advanced AWE technology referring to three different sites in Europe (Germany, Austria, and Spain). The focus is on financial metrics, the projection of key performance parameters of advanced AWEs, and further financial and tax parameters. For financial analysis from an investor’s (business) perspective, a comprehensive assessment of a technology not only comprises cost analysis but also further financial analysis quantifying attractiveness and supply/market flexibility. Therefore, based on cash flow (CF) analysis, a comprehensible set of metrics may comprise levelised cost of energy or, respectively, levelized cost of hydrogen (LCH) for cost assessment, net present value (NPV) for attractiveness analysis, and variable cost (VC) for analysis of market flexibility. The German AWE site turns out to perform best in all three financial metrics (LCH, NPV, and VC). Though there are slight differences in investment cost and operation and maintenance cost projections for the three sites, the major cost impact is due to the electricity cost. Although investment cost is slightly lower and labor cost is significantly lower in Spain, the difference can not outweigh the higher electricity cost compared to Germany. Given the assumption that the electrolysis operators are customers directly and actively participating in power markets, and based on the regulatory framework in the three countries, in this special case electricity cost in Germany is lowest. However, as electricity cost is profoundly influenced by political decisions as

  1. Economic analysis of KNGR's conceptual design

    International Nuclear Information System (INIS)

    Roh, Myung-Sub; Chung, Kyung-Nam; Hong, Jang-Hee

    1997-01-01

    During the last two decades in Korea, with the rapid economic growth and industrialization, nuclear power has played an important role in electric power production. At present, Korea has 11 nuclear units in operation with total installed capacity of 9,916MWe and 7 units under construction with total capacity of 6,100MWe. An advanced reactor development program, called Korean Next Generation Reactor (KNGR), has been started for the coming 21st century. It aims to enhance safety features compared to existing plants and follow the target to maintain the economic competitiveness of nuclear energy with alternative energy sources. In order to meet these requirements, a number of technical and economical factors have been taken into the program. These factors include the economy of plant size, design simplification and optimization, and reduction of construction period. This paper addresses the preliminary economic analysis results for the KNGR design. It is indicated that KNGR has about 17% economic advantage compared to the current 1,000 MWe PWR. This paper also describes some of the experiences gained and important factors related to reducing the investment and operation costs. 5 refs., 2 figs., 5 tabs

  2. Aspects of economic analysis in forestry enterprises

    Directory of Open Access Journals (Sweden)

    M.Yu. Chik

    2017-12-01

    Full Text Available The subject of economic analysis from the point of view of philosophical sciences and works of domestic and foreign scientists is researched. The analysis of costs and production costs as the most important components of the economic analysis of forestry enterprises are distinguished. The basic tasks of the economic analysis at the enterprises of forestry are determined. The main objects of the study of indicators of the cost price of forestry products are singled out. The calculation of general indicators of expenditures at the State Enterprise «Zolochiv Forestry» is carried out and the corresponding general conclusions are made. The influence of factors on the change in the cost price of harvesting of forestry products in terms of expenditure items at the State Enterprise «Zolochiv Forestry» is calculated and the corresponding general conclusions are indicated. The main sources of reserves for reducing the costs of forestry products at the State Enterprise «Zolochiv Forestry» are proposed.

  3. 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

  4. A kinetic and equilibrium analysis of silicon carbide chemical vapor deposition on monofilaments

    Science.gov (United States)

    Gokoglu, S. A.; Kuczmarski, M. A.

    1993-01-01

    Chemical kinetics of atmospheric pressure silicon carbide (SiC) chemical vapor deposition (CVD) from dilute silane and propane source gases in hydrogen is numerically analyzed in a cylindrical upflow reactor designed for CVD on monofilaments. The chemical composition of the SiC deposit is assessed both from the calculated total fluxes of carbon and silicon and from chemical equilibrium considerations for the prevailing temperatures and species concentrations at and along the filament surface. The effects of gas and surface chemistry on the evolution of major gas phase species are considered in the analysis.

  5. An economic analysis of communal goat production.

    Science.gov (United States)

    Sebel, P J; McCrindle, C M E; Webb, E C

    2004-03-01

    The economic impact of different extension messages used was calculated using enterprise budgeting (gross margin analysis). Input data were gleaned from the literature, from participatory appraisals, as well as a field study, spanning 12 months, of small-scale communal goat farming systems in Jericho in the Odi District of North West Province. The number of offspring weaned per annum, as a proportion of does owned, was selected as the desired output for analysis. This study has shown that small-scale communal goat farmers are not adopting or implementing extension messages to improve production capacity. In South Africa the majority of goats are slaughtered in the informal sector. If the informal sector is to be persuaded to market goats commercially through formal channels, then knowledge of the economics of goat farming on communal lands should be provided. The economic aspects of extension messages are probably an important factor in determining acceptance and sustainability yet appear to be seldom investigated. The probable reason for lack of adoption of standard extension messages, which promote improved nutrition, parasite control, vaccination and treatment of goats, was economic. In other words, the so-called 'poor management practices' used by communal farmers appeared to be economically more profitable than the 'good management practices' suggested to increase production. The price of communal goats was not related to their mass. A higher level of inputs would probably have resulted in a heavier kid, however it was established that this would not have influenced the price received as a majority of the goats were slaughtered for ritual purposes where age, colour and sex were more important to the purchaser than body mass. It is standard practice in commercial farming systems to evaluate the economic benefits of all management practices before they are implemented. Production animal veterinarians use veterinary economics to compare different scenarios to

  6. An economic analysis of communal goat production

    Directory of Open Access Journals (Sweden)

    P.J. Sebei

    2004-06-01

    Full Text Available The economic impact of different extension messages used was calculated using enterprise budgeting (gross margin analysis. Input data were gleaned from the literature, from participatory appraisals, as well as a field study, spanning 12 months, of small-scalecommunal goat farming systems in Jericho in the Odi District of NorthWest Province. The number of offspring weaned per annum, as a proportion of does owned, was selected as the desired output for analysis. This study has shown that small-scale communal goat farmers are not adopting or implementing extension messages to improve production capacity. In south Africa the majority of goats are slaughtered in the informal sector. If the informal sector is to be persuaded to market goats commercially through formal channels, then knowledge of the economics of goat farming on communal lands should be provided. The economic aspects of extension messages are probably an important factor in determining acceptance and sustainability yet appear to be seldom investigated. The probable reason for lack of adoption of standard extension messages, which promote improved nutrition, parasite control, vaccination and treatment of goats, was economic. In other words, the so-called 'poor management practices' used by communal farmers appeared to be economically more profitable than the 'good management practices' suggested to increase production. The price of communal goats was not related to their mass. A higher level of inputs would probably have resulted in a heavier kid, however it was established that this would not have influenced the price received as a majority of the goats were slaughtered for ritual purposes where age, colour and sex were more important to the purchaser than body mass. It is standard practice in commercial farming systems to evaluate the economic benefits of all management practices before they are implemented. Production animal veterinarians use veterinary economics to compare different

  7. Global economic activity and crude oil prices. A cointegration analysis

    International Nuclear Information System (INIS)

    He, Yanan; Wang, Shouyang; Lai, Kin Keung

    2010-01-01

    This paper empirically investigates the cointegrating relationship between crude oil prices and global economic activity. The Kilian economic index is used as an indicator of global economic activity. Based on a supply-demand framework and the cointegration theory, we find that real futures prices of crude oil are cointegrated with the Kilian economic index and a trade weighted US dollar index, and crude oil prices are influenced significantly by fluctuations in the Kilian economic index through both long-run equilibrium conditions and short-run impacts. We also develop an empirically stable, data-coherent and single-equation error-correction model (ECM) which has sensible economic properties. Empirical results based on the ECM show that the adjustment implied by a permanent change in the Kilian economic index is a relatively drawn-out process. (author)

  8. Economic analysis of nuclear power generation

    International Nuclear Information System (INIS)

    Song, Ki Dong; Choi, Young Myung; Kim, Hwa Sup; Lee, Man Ki; Moon, Kee Hwan; Kim, Seung Su

    1997-12-01

    The major contents in this study are as follows : - long-term forecast to the year of 2040 is provided for nuclear electricity generating capacity by means of logistic curve fitting method. - the role of nuclear power in a national economy is analyzed in terms of environmental regulation. To do so, energy-economy linked model is developed. By using this model, the benefits from the introduction of nuclear power in Korea are estimated. Study on inter-industry economic activity for nuclear industry is carried out by means of an input-output analysis. Nuclear industry is examined in terms of inducement effect of production, of value-added, and of import. - economic analysis of nuclear power generation is performed especially taking into consideration wide variations of foreign currency exchange rate. The result is expressed in levelized generating costs. (author). 27 refs., 24 tabs., 44 figs

  9. North Korea: Economic Leverage and Policy Analysis

    Science.gov (United States)

    2010-01-22

    although non- governmental groups do run operations in the DPRK in activities such as goat dairy farming and transportation. North -South Korean...Finance Minister Says “At Least” 34m US Dollars Sent to North Korea. Financial Times Information, Global News Wire—Asia Africa Intelligence Wire. June 6...CRS Report for Congress Prepared for Members and Committees of Congress North Korea: Economic Leverage and Policy Analysis Dick K

  10. Impact Analysis of Economic Linkages of South Korea with North Korea Using a CGE Model

    OpenAIRE

    Kim, Euijune; Shin, Hyewon

    2014-01-01

    The purpose of this paper is to estimate impacts of core infrastructure investments in North Korea on South and North Koreas. The investment expenditures of core infrastructure projects in North Korea are calibrated as 9.35 billion US$ including highway, railroad and industrial complex. Since South and North Koreas are based on market and planned economies respectively, the Computable General Equilibrium model is applied to the economic analysis of South Korea and an Input-Output Model for th...

  11. [HEALTH ECONOMIC ANALYSIS AND FAIR DECISION MAKING].

    Science.gov (United States)

    Jeantet, Marine; Lopez, Alain

    2015-09-01

    Health technology assessment consists in evaluating the incremental cost-benefit ratio of a medicine, a medical device, a vaccine, a health strategy, in comparison to alternative health technologies. This form of socio-eoonomic evaluation aims at optimizing resource allocation within the health system. By setting the terms of valid alternatives, it is useful to highlight public choices, but it cannot in itself make the decision as regards the public funding of patient's access to the considered technology. The decision to include such technology in the basket of health goods and sercices covered, the levels and conditions of the coverage, also result from budget constraints, from economic situation and from a political vision about health policy, social protection and public expenditure. Accordingly, health economic analysis must be implemented on specific and targeted topics. The decision making process, with its health, economic and ethical stakes, calls for a public procedure and debate, based on shared information and argument. Otherwise, health system regulation, confronted with radical and costly innovations in the coming years, will become harder to handle. This requires the development of health economic research teams able to contribute to this assessment exercise.

  12. Phase stability analysis of liquid-liquid equilibrium with stochastic methods

    Directory of Open Access Journals (Sweden)

    G. Nagatani

    2008-09-01

    Full Text Available Minimization of Gibbs free energy using activity coefficient models and nonlinear equation solution techniques is commonly applied to phase stability problems. However, when conventional techniques, such as the Newton-Raphson method, are employed, serious convergence problems may arise. Due to the existence of multiple solutions, several problems can be found in modeling liquid-liquid equilibrium of multicomponent systems, which are highly dependent on the initial guess. In this work phase stability analysis of liquid-liquid equilibrium is investigated using the NRTL model. For this purpose, two distinct stochastic numerical algorithms are employed to minimize the tangent plane distance of Gibbs free energy: a subdivision algorithm that can find all roots of nonlinear equations for liquid-liquid stability analysis and the Simulated Annealing method. Results obtained in this work for the two stochastic algorithms are compared with those of the Interval Newton method from the literature. Several different binary and multicomponent systems from the literature were successfully investigated.

  13. Econometrically calibrated computable general equilibrium models: Applications to the analysis of energy and climate politics

    Science.gov (United States)

    Schu, Kathryn L.

    Economy-energy-environment models are the mainstay of economic assessments of policies to reduce carbon dioxide (CO2) emissions, yet their empirical basis is often criticized as being weak. This thesis addresses these limitations by constructing econometrically calibrated models in two policy areas. The first is a 35-sector computable general equilibrium (CGE) model of the U.S. economy which analyzes the uncertain impacts of CO2 emission abatement. Econometric modeling of sectors' nested constant elasticity of substitution (CES) cost functions based on a 45-year price-quantity dataset yields estimates of capital-labor-energy-material input substitution elasticities and biases of technical change that are incorporated into the CGE model. I use the estimated standard errors and variance-covariance matrices to construct the joint distribution of the parameters of the economy's supply side, which I sample to perform Monte Carlo baseline and counterfactual runs of the model. The resulting probabilistic abatement cost estimates highlight the importance of the uncertainty in baseline emissions growth. The second model is an equilibrium simulation of the market for new vehicles which I use to assess the response of vehicle prices, sales and mileage to CO2 taxes and increased corporate average fuel economy (CAFE) standards. I specify an econometric model of a representative consumer's vehicle preferences using a nested CES expenditure function which incorporates mileage and other characteristics in addition to prices, and develop a novel calibration algorithm to link this structure to vehicle model supplies by manufacturers engaged in Bertrand competition. CO2 taxes' effects on gasoline prices reduce vehicle sales and manufacturers' profits if vehicles' mileage is fixed, but these losses shrink once mileage can be adjusted. Accelerated CAFE standards induce manufacturers to pay fines for noncompliance rather than incur the higher costs of radical mileage improvements

  14. Advanced CANDU reactors fuel analysis through optimal fuel management at approach to refuelling equilibrium

    International Nuclear Information System (INIS)

    Tingle, C.P.; Bonin, H.W.

    1999-01-01

    The analysis of alternate CANDU fuels along with natural uranium-based fuel was carried out from the view point of optimal in-core fuel management at approach to refuelling equilibrium. The alternate fuels considered in the present work include thorium containing oxide mixtures (MOX), plutonium-based MOX, and Pressurised Water Reactor (PWR) spent fuel recycled in CANDU reactors (Direct Use of spent PWR fuel in CANDU (DUPIC)); these are compared with the usual natural UO 2 fuel. The focus of the study is on the 'Approach to Refuelling Equilibrium' period which immediately follows the initial commissioning of the reactor. The in-core fuel management problem for this period is treated as an optimization problem in which the objective function is the refuelling frequency to be minimized by adjusting the following decision variables: the channel to be refuelled next, the time of the refuelling and the number of fresh fuel bundles to be inserted in the channel. Several constraints are also included in the optimisation problem which is solved using Perturbation Theory. Both the present 37-rod CANDU fuel bundle and the proposed CANFLEX bundle designs are part of this study. The results include the time to reach refuelling equilibrium from initial start-up of the reactor, the average discharge burnup, the average refuelling frequency and the average channel and bundle powers relative to natural UO 2 . The model was initially tested and the average discharge burnup for natural UO 2 came within 2% of the industry accepted 199 MWh/kgHE. For this type of fuel, the optimization exercise predicted the savings of 43 bundles per full power year. In addition to producing average discharge burnups and other parameters for the advanced fuels investigated, the optimisation model also evidenced some problem areas like high power densities for fuels such as the DUPIC. Perturbation Theory has proven itself to be an accurate and valuable optimization tool in predicting the time between

  15. National Launch System comparative economic analysis

    Science.gov (United States)

    Prince, A.

    1992-01-01

    Results are presented from an analysis of economic benefits (or losses), in the form of the life cycle cost savings, resulting from the development of the National Launch System (NLS) family of launch vehicles. The analysis was carried out by comparing various NLS-based architectures with the current Shuttle/Titan IV fleet. The basic methodology behind this NLS analysis was to develop a set of annual payload requirements for the Space Station Freedom and LEO, to design launch vehicle architectures around these requirements, and to perform life-cycle cost analyses on all of the architectures. A SEI requirement was included. Launch failure costs were estimated and combined with the relative reliability assumptions to measure the effects of losses. Based on the analysis, a Shuttle/NLS architecture evolving into a pressurized-logistics-carrier/NLS architecture appears to offer the best long-term cost benefit.

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

    Science.gov (United States)

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

  17. Project analysis and integration economic analyses summary

    Science.gov (United States)

    Macomber, H. L.

    1986-01-01

    An economic-analysis summary was presented for the manufacture of crystalline-silicon modules involving silicon ingot/sheet, growth, slicing, cell manufacture, and module assembly. Economic analyses provided: useful quantitative aspects for complex decision-making to the Flat-plate Solar Array (FSA) Project; yardsticks for design and performance to industry; and demonstration of how to evaluate and understand the worth of research and development both to JPL and other government agencies and programs. It was concluded that future research and development funds for photovoltaics must be provided by the Federal Government because the solar industry today does not reap enough profits from its present-day sales of photovoltaic equipment.

  18. Hydrogen as alternative clean fuel: Economic analysis

    International Nuclear Information System (INIS)

    Coiante, D.

    1995-03-01

    In analogy to biofuel production from biomasses, the electrolytic conversion of other renewable energies into hydrogen as an alternative clean fuel is considered. This solution allows the intermittent renewable energy sources, as photovoltaics and wind energy, to enhance their development and enlarge the role into conventional fuel market. A rough economic analysis of hydrogen production line shows the costs, added by electrolysis and storage stages, can be recovered by properly accounting for social and environmental costs due to whole cycle of conventional fuels, from production to use. So, in a perspective of attaining the economic competitiveness of renewable energy, the hydrogen, arising from intermittent renewable energy sources, will be able to compete in the energy market with conventional fuels, making sure that their substitution will occur in a significant amount and the corresponding environment

  19. Economic Evaluation and Impact Analysis of SMART

    International Nuclear Information System (INIS)

    Jeong, K. H.; Kim, J. H.; Boo, K. D.; Park, S. B.

    2010-07-01

    The objective of this study is to analyze the economic value and contribution to the national economy of the SMART project. This study tries to evaluate three kinds of values of the project separately; national economy contribution, the financial cost-benefit analysis and intangible social benefit of the project. The research methods are Net Present Valuation (NPT) for the first analysis, Input-Output (IO) model for the second analysis and Contingent Valuation Method(CVM) for the last analysis. This study tries to answer for the following questions: (1) how much does the project affect on Korean national economy in area of construction, electricity generation and export? (2) what is the financial cost - benefit assessment of the SMART project which is of the most interest to the private sector constructing the reactor? (3) how much is the project's intangible social gains in that it brings Korea's scientific development in area of nuclear generation and improves Korea's global standing? Main Results of Research are (1) Domestic Construction and Electricity Generation of the 1st Reactor A. Contribution to the National Economy Production inducing effect by the domestic construction and generation of the 1st reactor amounts to 1,801 ∼2,059 billion won, value added inducing effect amounts to 789∼919 billion won, and employment inducing effect amounts to 11,015∼12, 856 men. B. Financial Cost-Benefit Assessment Financial cost - benefit of the domestic construction and generation of the 1st reactor turns out to be economically non-profitable from the point of view of private companies participating the project, by having economic loss over all scenarios of construction costs. C. Combining Financial Cost-Benefit Assessment and Contribution to the National Economy's Value-Added Combining financial cost - benefit and value added inducing effect of the domestic construction and generation of the 1st reactor turns out to be economically valid from the point of view of

  20. Techno-economic analysis of bioenergy systems

    International Nuclear Information System (INIS)

    Solantausta, Y.

    1995-01-01

    The objectives of the IEA Bioenergy Technoeconomic Analysis Activity are: To promote development of thermochemical biomass conversion methods by carrying out selected site specific feasibility studies in participating countries. Both agricultural and woody biomasses will be converted either into electricity or boiler fuels. To compare advanced technologies to commercial alternatives based on techno-economic basis to establish future development needs. To facilitate information exchange between participants on relevant basic process issues. Five countries (Finland, Canada, USA, Norway, Austria) are participating to the Activity. Initially two feasibility studies are planned for each country. Each study has three common elements: site specific, technical, and economic data. The site specific cases are described below in short. Products in the cases are electricity, heat and fuel oil. Total of two cases per country are planned

  1. BERCENI VILLAGE - A SOCIAL-ECONOMICAL ANALYSIS

    Directory of Open Access Journals (Sweden)

    Adina IORGA

    2014-06-01

    Full Text Available Rural modernization aims at maintaining rural societies through occupational diversification that will improvequality of life and avoid rural exodus. It aims to acquire some features of the modern world such as those related totechnical, increased productivity, infrastructure, whereby rural community enriches its identity, acquiring newmeanings.This study is a close social-economical analysis of the countryside households of Berceni village. Berceniis in the southern county of Ilfov near Bucharest. It is based on the statistical data provided by National Institute ofStatistics. The data have been processed into the following indicators:age structure and gender, births and deaths,feminization, migration .Considering that human resources is the main factor in developing and moderinization ofrural space, this study is aimed to investigate as well, the posibility of diversifying inhabitants’ occupationsaccording to pshicologycal, social and economical resources.

  2. Entropy analysis on non-equilibrium two-phase flow models

    International Nuclear Information System (INIS)

    Karwat, H.; Ruan, Y.Q.

    1995-01-01

    A method of entropy analysis according to the second law of thermodynamics is proposed for the assessment of a class of practical non-equilibrium two-phase flow models. Entropy conditions are derived directly from a local instantaneous formulation for an arbitrary control volume of a structural two-phase fluid, which are finally expressed in terms of the averaged thermodynamic independent variables and their time derivatives as well as the boundary conditions for the volume. On the basis of a widely used thermal-hydraulic system code it is demonstrated with practical examples that entropy production rates in control volumes can be numerically quantified by using the data from the output data files. Entropy analysis using the proposed method is useful in identifying some potential problems in two-phase flow models and predictions as well as in studying the effects of some free parameters in closure relationships

  3. Entropy analysis on non-equilibrium two-phase flow models

    Energy Technology Data Exchange (ETDEWEB)

    Karwat, H.; Ruan, Y.Q. [Technische Universitaet Muenchen, Garching (Germany)

    1995-09-01

    A method of entropy analysis according to the second law of thermodynamics is proposed for the assessment of a class of practical non-equilibrium two-phase flow models. Entropy conditions are derived directly from a local instantaneous formulation for an arbitrary control volume of a structural two-phase fluid, which are finally expressed in terms of the averaged thermodynamic independent variables and their time derivatives as well as the boundary conditions for the volume. On the basis of a widely used thermal-hydraulic system code it is demonstrated with practical examples that entropy production rates in control volumes can be numerically quantified by using the data from the output data files. Entropy analysis using the proposed method is useful in identifying some potential problems in two-phase flow models and predictions as well as in studying the effects of some free parameters in closure relationships.

  4. Nonlinear Equilibrium and Stability Analysis of Axially Loaded Piles Under Bilateral Contact Constraints

    Directory of Open Access Journals (Sweden)

    Ricardo A. da Mota Silveira

    Full Text Available AbstractThis paper presents a nonlinear stability analysis of piles under bilateral contact constraints imposed by a geological medium (soil or rock. To solve this contact problem, the paper proposes a general numerical methodology, based on the finite element method (FEM. In this context, a geometrically nonlinear beam-column element is used to model the pile while the geological medium can be idealized as discrete (spring or continuum (Winkler and Pasternak foundation elements. Foundation elements are supposed to react under tension and compression, so during the deformation process the structural elements are subjected to bilateral contact constraints. The errors along the equilibrium paths are minimized and the convoluted nonlinear equilibrium paths are made traceable through the use of an updated Lagrangian formulation and a Newton-Raphson scheme working with the generalized displacement technique. The study offers stability analyses of three problems involving piles under bilateral contact constraints. The analyses show that in the evaluation of critical loads a great influence is wielded by the instability modes. Also, the structural system stiffness can be highly influenced by the representative model of the soil.

  5. Stochastic programming and market equilibrium analysis of microgrids energy management systems

    International Nuclear Information System (INIS)

    Hu, Ming-Che; Lu, Su-Ying; Chen, Yen-Haw

    2016-01-01

    Microgrids facilitate optimum utilization of distributed renewable energy, provides better local energy supply, and reduces transmission loss and greenhouse gas emission. Because the uncertainty in energy demand affects the energy demand and supply system, the aim of this research is to develop a stochastic optimization and its market equilibrium for microgrids in the electricity market. Therefore, a two-stage stochastic programming model for microgrids and the market competition model are derived in this paper. In the stochastic model, energy demand and supply uncertainties are considered. Furthermore, a case study of the stochastic model is conducted to simulate the uncertainties on the INER microgrids in Taiwanese market. The optimal investment of the generators and batteries installation and operating strategies are determined under energy demand and supply uncertainties for the INER microgrids. The results show optimal investment and operating strategies for the current INER microgrids are also determined by the proposed two-stage stochastic model in the market. In addition, trade-off between the battery capacity and microgrids performance is investigated. Battery usage and power trading between the microgrids and main grid systems are the functions of battery capacity. - Highlights: • A two-stage stochastic programming model is developed for microgrids. • Market equilibrium analysis of microgrids is conducted. • A case study of the stochastic model is conducted for INER microgrids.

  6. Modular reweighting software for statistical mechanical analysis of biased equilibrium data

    Science.gov (United States)

    Sindhikara, Daniel J.

    2012-07-01

    Here a simple, useful, modular approach and software suite designed for statistical reweighting and analysis of equilibrium ensembles is presented. Statistical reweighting is useful and sometimes necessary for analysis of equilibrium enhanced sampling methods, such as umbrella sampling or replica exchange, and also in experimental cases where biasing factors are explicitly known. Essentially, statistical reweighting allows extrapolation of data from one or more equilibrium ensembles to another. Here, the fundamental separable steps of statistical reweighting are broken up into modules - allowing for application to the general case and avoiding the black-box nature of some “all-inclusive” reweighting programs. Additionally, the programs included are, by-design, written with little dependencies. The compilers required are either pre-installed on most systems, or freely available for download with minimal trouble. Examples of the use of this suite applied to umbrella sampling and replica exchange molecular dynamics simulations will be shown along with advice on how to apply it in the general case. New version program summaryProgram title: Modular reweighting version 2 Catalogue identifier: AEJH_v2_0 Program summary URL:http://cpc.cs.qub.ac.uk/summaries/AEJH_v2_0.html Program obtainable from: CPC Program Library, Queen's University, Belfast, N. Ireland Licensing provisions: GNU General Public License, version 3 No. of lines in distributed program, including test data, etc.: 179 118 No. of bytes in distributed program, including test data, etc.: 8 518 178 Distribution format: tar.gz Programming language: C++, Python 2.6+, Perl 5+ Computer: Any Operating system: Any RAM: 50-500 MB Supplementary material: An updated version of the original manuscript (Comput. Phys. Commun. 182 (2011) 2227) is available Classification: 4.13 Catalogue identifier of previous version: AEJH_v1_0 Journal reference of previous version: Comput. Phys. Commun. 182 (2011) 2227 Does the new

  7. Offshore Wind Market and Economic Analysis

    Energy Technology Data Exchange (ETDEWEB)

    Hamilton, Bruce Duncan [Navigant Consulting, Inc., Chicago, IL (United States)

    2014-08-27

    This report is the third annual assessment of the U.S. offshore wind market. It includes the following major sections: Section 1: key data on developments in the offshore wind technology sector and the global development of offshore wind projects, with a particular focus on progress in the United States; Section 2: analysis of policy developments at the federal and state levels that have been effective in advancing offshore wind deployment in the United States; Section 3: analysis of actual and projected economic impact, including regional development and job creation; Section 4: analysis of developments in relevant sectors of the economy with the potential to affect offshore wind deployment in the United States

  8. The sterility of equilibrium economics: an aspect of sociology of science La esterilidad de la economía del equilibrio: un aspecto de la sociología de la ciencia

    Directory of Open Access Journals (Sweden)

    Bhatt V. V.

    2000-06-01

    Full Text Available This paper shows that economic science is yet to reach maturity and that equilibrium theory does not grasp actual economic relationships,and is sterile for policy making. It analyses the creation of castsamong economists, the impossibility of formalizing all economic phenomena in terms of individual optimization, and the ideological biases of scientific work. It suggests the need to reassess the basic hypothesis of the general equilibrium approach and to rebuild the analytical framework of economics. Based upon Krishnamurti "ephilosophy, it shows that the main thrust of human behavior is notselfishness but envy, and that this motivation weakens the traditional theory of individual and firm behavior.Este articulo muestra que la ciencia economica no ha alñcanzado la madurez que la la teoria del equilibrio no capta las relaciones economicas reales y es esteril para formular politicas ecopnomicas. Analiza la formacion de castas entre los economistas, la imposibilidad de formalizar todos los fenomenso economicos en terminos de optimizacion individual y los sesgos ideologicos del trabajo cientifico. Indica la necesidad de replantear las hipotesis basicas del enfoque del equilibrio general y de reconstruir el aparato analitico de la economia. Con base en la filosofia de Krishnamurti, muestra que la fuerza motriz de la conducta humana es la envidia y no el egoismo , y que esta motivacion resta validez a la teoria tradicional del comportamiento de los individuos y de las empresas.

  9. Economic analysis of hydride fueled BWR

    International Nuclear Information System (INIS)

    Ganda, F.; Shuffler, C.; Greenspan, E.; Todreas, N.

    2009-01-01

    The economic implications of designing BWR cores with hydride fuels instead of conventional oxide fuels are analyzed. The economic analysis methodology adopted is based on the lifetime levelized cost of electricity (COE). Bracketing values (1970 and 3010 $/kWe) are used for the overnight construction costs and for the power scaling factors (0.4 and 0.8) that correlate between a change in the capital cost to a change in the power level. It is concluded that a newly constructed BWR reactor could substantially benefit from the use of 10 x 10 hydride fuel bundles instead of 10 x 10 oxide fuel bundles design presently in use. The cost saving would depend on the core pressure drop constraint that can be implemented in newly constructed BWRs - it is between 2% and 3% for a core pressure drop constraint as of the reference BWR, between 9% and 15% for a 50% higher core pressure drop, and between 12% and 21% higher for close to 100% core pressure. The attainable cost reduction was found insensitive to the specific construction cost but strongly dependent on the power scaling factor. The cost advantage of hydride fuelled cores as compared to that of the oxide reference core depends only weakly on the uranium and SWU prices, on the 'per volume base' fabrication cost of hydride fuels, and on the discount rate used. To be economically competitive, the uranium enrichment required for the hydride fuelled core needs to be around 10%.

  10. Thermo-economic analysis of combined power plants with changing economic parameters

    International Nuclear Information System (INIS)

    Bidini, G.; Desideri, U.; Facchini, B.

    1991-01-01

    A method of thermo-economic analysis for the choice of optimal thermodynamic parameters of steam bottoming cycles in combined cycle power plants is presented. By keeping the thermodynamic aspects separated from the economic aspects, this method allows designers to easily perform a sensitivity analysis of the change in the economic parameters

  11. Economic analysis of recycling contaminated concrete

    Energy Technology Data Exchange (ETDEWEB)

    Stephen, A.; Ayers, K.W.; Boren, J.K.; Parker, F.L. [Vanderbilt Univ., Nashville, TN (United States)

    1997-02-01

    Decontamination and Decommissioning activities in the DOE complex generate large volumes of radioactively contaminated and uncontaminated concrete. Currently, this concrete is usually decontaminated, the contaminated waste is disposed of in a LLW facility and the decontaminated concrete is placed in C&D landfills. A number of alternatives to this practice are available including recycling of the concrete. Cost estimates for six alternatives were developed using a spreadsheet model. The results of this analysis show that recycling alternatives are at least as economical as current practice.

  12. Thermal-economic analysis of cogeneration systems

    International Nuclear Information System (INIS)

    Walter, A.C.S.; Bajay, S.V.

    1992-01-01

    Approximately 80 countries produce sugar, and fortuitously alcohol, from sugar cane. In all these countries the cogeneration technology of steam turbines is utilized, although almost always inefficient. The greater potential of cogeneration in Brazil is in sugar and alcohol sector, because of the use of sugar cane bagasse as combustible. This work applies the techniques of simulation and economic analysis to different configuration of plants, to determine power generation and associated costs of each alternative. The application of the same procedure at operating condition of several configurations in transient system permits the determination of production profile of exceeding during one day. (C.M.)

  13. Technical and economic analysis of hydrogen refuelling

    International Nuclear Information System (INIS)

    Nistor, Silviu; Dave, Saraansh; Fan, Zhong; Sooriyabandara, Mahesh

    2016-01-01

    Highlights: • Technical and economic models of a hydrogen station for vehicles refuelling. • Hydrogen demand from fuel cell electric vehicles modelled stochastically. • Study case based on a UK pilot project. • Operation of the H_2 station using combined energy from wind and power grid is preferred. • Return on investment of 5–10 years is possible for the hydrogen station. - Abstract: This paper focuses on technical and economic analysis of a hydrogen refilling station to provide operational insight through tight coupling of technical models of physical processes and economic models. This allows the dynamic relationships of the system to be captured and analysed to provide short/medium term analytical capability to support system design, planning, and financing. The modelling developed here highlights the need to closely link technical and economic models for technology led projects where technical capability and commercial feasibility are important. The results show that hydrogen fuel can be competitive with petrol on a GBP/KG basis if the return on investment period is over 10 years for PEM electrolysers and 5 for Alkaline electrolysers. We also show that subsidies on capital costs (as reflected by some R&D funding programs) make both PEM and Alkaline technologies cheaper than the equivalent price of petrol, which suggests more emphasis should be put on commercialising R&D funded projects as they have commercial advantages. The paper also shows that a combined wind and grid connected station is preferable so that a higher number of customers are served (i.e. minimum shortage of hydrogen).

  14. Economic analysis of gradual "social exhaustion" of waste management capacity.

    Science.gov (United States)

    Koide, Hideo; Nakayama, Hirofumi

    2013-12-01

    This article proposes to analyze the quantitative effects of a gradual physical and "social" exhaustion of a landfill site on an equilibrium waste management service. A gradual social exhaustion of a landfill is defined here as an upward shift of a "subjective factor" associated with the amount of waste, based on the plausible hypothesis that an individual will not accept excessive presence of landfilled waste. Physical exhaustion occurs when the absolute capacity of a landfill site decreases. The paper shows some numerical examples using specific functions and parameters, and proposes appropriate directions for three policy objectives: to decrease the equilibrium waste disposal, to increase the economic surplus of the individual and/or the waste management firm, and to lower the equilibrium collection fee. Copyright © 2013 The Research Centre for Eco-Environmental Sciences, Chinese Academy of Sciences. Published by Elsevier B.V. All rights reserved.

  15. Equilibrium arsenic adsorption onto metallic oxides : Isotherm models, error analysis and removal mechanism

    Energy Technology Data Exchange (ETDEWEB)

    Simsek, Esra Bilgin [Yalova University, Yalova (Turkmenistan); Beker, Ulker [Yldz Technical University, Istanbul (Turkmenistan)

    2014-11-15

    Arsenic adsorption properties of mono- (Fe or Al) and binary (Fe-Al) metal oxides supported on natural zeolite were investigated at three levels of temperature (298, 318 and 338 K). All data obtained from equilibrium experiments were analyzed by Freundlich, Langmuir, Dubinin-Radushkevich, Sips, Toth and Redlich-Peterson isotherms, and error functions were used to predict the best fitting model. The error analysis demonstrated that the As(Ⅴ) adsorption processes were best described by the Dubinin-Raduskevich model with the lowest sum of normalized error values. According to results, the presence of iron and aluminum oxides in the zeolite network improved the As(Ⅴ) adsorption capacity of the raw zeolite (ZNa). The X-ray photoelectron spectroscopy (XPS) analyses of ZNa-Fe and ZNa-AlFe samples suggested that the redox reactions are the postulated mechanisms for the adsorption onto them while the adsorption process is followed by surface complexation reactions for ZNa-Al.

  16. Risk Route Choice Analysis and the Equilibrium Model under Anticipated Regret Theory

    Directory of Open Access Journals (Sweden)

    pengcheng yuan

    2014-02-01

    Full Text Available The assumption about travellers’ route choice behaviour has major influence on the traffic flow equilibrium analysis. Previous studies about the travellers’ route choice were mainly based on the expected utility maximization theory. However, with the gradually increasing knowledge about the uncertainty of the transportation system, the researchers have realized that there is much constraint in expected util­ity maximization theory, because expected utility maximiza­tion requires travellers to be ‘absolutely rational’; but in fact, travellers are not truly ‘absolutely rational’. The anticipated regret theory proposes an alternative framework to the tra­ditional risk-taking in route choice behaviour which might be more scientific and reasonable. We have applied the antici­pated regret theory to the analysis of the risk route choosing process, and constructed an anticipated regret utility func­tion. By a simple case which includes two parallel routes, the route choosing results influenced by the risk aversion degree, regret degree and the environment risk degree have been analyzed. Moreover, the user equilibrium model based on the anticipated regret theory has been established. The equivalence and the uniqueness of the model are proved; an efficacious algorithm is also proposed to solve the model. Both the model and the algorithm are demonstrated in a real network. By an experiment, the model results and the real data have been compared. It was found that the model re­sults can be similar to the real data if a proper regret degree parameter is selected. This illustrates that the model can better explain the risk route choosing behaviour. Moreover, it was also found that the traveller’ regret degree increases when the environment becomes more and more risky.

  17. Better economics: supporting adaptation with stakeholder analysis

    Energy Technology Data Exchange (ETDEWEB)

    Chambwera, Muyeye; Zou, Ye; Boughlala, Mohamed

    2011-11-15

    Across the developing world, decision makers understand the need to adapt to climate change — particularly in agriculture, which supports a large proportion of low-income groups who are especially vulnerable to impacts such as increasing water scarcity or more erratic weather. But policymakers are often less clear about what adaptation action to take. Cost-benefit analyses can provide information on the financial feasibility and economic efficiency of a given policy. But such methods fail to capture the non-monetary benefits of adaptation, which can be even more important than the monetary ones. Ongoing work in Morocco shows how combining cost-benefit analysis with a more participatory stakeholder analysis can support effective decision making by identifying cross-sector benefits, highlighting areas of mutual interest among different stakeholders and more effectively assessing impacts on adaptive capacity.

  18. Non-equilibrium scaling analysis of the Kondo model with voltage bias

    International Nuclear Information System (INIS)

    Fritsch, Peter; Kehrein, Stefan

    2009-01-01

    The quintessential description of Kondo physics in equilibrium is obtained within a scaling picture that shows the buildup of Kondo screening at low temperature. For the non-equilibrium Kondo model with a voltage bias, the key new feature are decoherence effects due to the current across the impurity. In the present paper, we show how one can develop a consistent framework for studying the non-equilibrium Kondo model within a scaling picture of infinitesimal unitary transformations (flow equations). Decoherence effects appear naturally in third order of the β-function and dominate the Hamiltonian flow for sufficiently large voltage bias. We work out the spin dynamics in non-equilibrium and compare it with finite temperature equilibrium results. In particular, we report on the behavior of the static spin susceptibility including leading logarithmic corrections and compare it with the celebrated equilibrium result as a function of temperature.

  19. An equilibrium analysis of the land use structure in the Yunnan Province, China

    Science.gov (United States)

    Luo, Jiao; Zhan, Jinyan; Lin, Yingzhi; Zhao, Chunhong

    2014-09-01

    Global land use structure is changing rapidly due to unceasing population growth and accelerated urbanization, which leads to fierce competition between the rigid demand for built-up area and the protection of cultivated land, forest, and grassland. It has been a great challenge to realize the sustainable development of land resources. Based on a computable general equilibrium model of land use change with a social accounting matrix dataset, this study implemented an equilibrium analysis of the land use structure in the Yunnan Province during the period of 2008-2020 under three scenarios, the baseline scenario, low TFP (total factor productivity) scenario, and high TFP scenario. The results indicated that under all three scenarios, area of cultivated land declined significantly along with a remarkable expansion of built-up area, while areas of forest, grassland, and unused land increased slightly. The growth rate of TFP had first negative and then positive effects on the expansion of built-up area and decline of cultivated land as it increased. Moreover, the simulated changes of both cultivated land and built-up area were the biggest under the low TFP scenario, and far exceeded the limit in the Overall Plan for Land Utilization in the Yunnan Province in 2020. The scenario-based simulation results are of important reference value for policy-makers in making land use decisions, balancing the fierce competition between the protection of cultivated land and the increasing demand for built-up area, and guaranteeing food security, ecological security, and the sustainable development of land resources.

  20. EQUILIBRIUM ANALYSIS OF FINANCIAL COMPANY BASED ON INFORMATION PROVIDED BY THE BALANCE SHEET

    Directory of Open Access Journals (Sweden)

    Ștefăniță ȘUȘU

    2014-06-01

    Full Text Available This article highlights the importance of indicators (as net working capital, working capital requirements and net cash by means of which it is considered in the context of financial balances capitalization information released by the balance sheet of an entity tourist profile. Theoretical concepts presented in a logical sequence are combined with the practical example transposed Turism Covasna company. The results of the analysis are interpreted while trying to formulate solutions to the economic and financial viability of the entity.

  1. Identification and Analysis of Student Conceptions Used To Solve Chemical Equilibrium Problems.

    Science.gov (United States)

    Voska, Kirk W.; Heikkinen, Henry W.

    2000-01-01

    Identifies and quantifies the chemistry conceptions used by students when solving chemical equilibrium problems requiring application of LeChatelier's Principle, and explores the feasibility of designing a paper and pencil test to accomplish these purposes. Eleven prevalent incorrect student conceptions about chemical equilibrium were identified…

  2. Dynamic Processes of Conceptual Change: Analysis of Constructing Mental Models of Chemical Equilibrium.

    Science.gov (United States)

    Chiu, Mei-Hung; Chou, Chin-Cheng; Liu, Chia-Ju

    2002-01-01

    Investigates students' mental models of chemical equilibrium using dynamic science assessments. Reports that students at various levels have misconceptions about chemical equilibrium. Involves 10th grade students (n=30) in the study doing a series of hands-on chemical experiments. Focuses on the process of constructing mental models, dynamic…

  3. Technical/economical analysis of bioenergy systems

    International Nuclear Information System (INIS)

    Solantausta, Y.

    1998-01-01

    The objectives of the IEA Bioenergy Technoeconomic Analysis Activity are: (1) To promote development of thermochemical biomass conversion methods by carrying out selected site specific feasibility studies in participating countries. Both agricultural and woody biomasses will be converted either into electricity or boiler fuels; (2) To compare advanced technologies to commercial alternatives based on technoeconomic basis to establish future development needs, and (3) To facilitate information exchange between participants on relevant basic process issues. Five countries (Finland, Canada, USA, Norway, Austria) are participating to the Activity. Initially two feasibility studies are planned for each country. Each study has three common elements: site specific, technical, and economic data. The site specific cases are described below in short. Products in the cases are electricity, heat and fuel oil. Total of two cases per country are planned. (orig.)

  4. Examining the Competition for Forest Resources in Sweden Using Factor Substitution Analysis and Partial Equilibrium Modelling

    Energy Technology Data Exchange (ETDEWEB)

    Olsson, Anna

    2011-07-01

    The overall objective of the thesis is to analyse the procurement competition for forest resources in Sweden. The thesis consists of an introductory part and two self-contained papers. In paper I a translog cost function approach is used to analyse the factor substitution in the sawmill industry, the pulp and paper industry and the heating industry in Sweden over the period 1970 to 2008. The estimated parameters are used to calculate the Allen and Morishima elasticities of substitution as well as the price elasticities of input demand. The utilisation of forest resources in the energy sector has been increasing and this increase is believed to continue. The increase is, to a large extent, caused by economic policies introduced to reduce the emission of greenhouse gases. Such policies could lead to an increase in the procurement competition between the forest industries and the energy sector. The calculated substitution elasticities indicate that it is easier for the heating industry to substitutes between by-products and logging residues than it is for the pulp and paper industry to substitute between by-products and roundwood. This suggests that the pulp and paper industry could suffer from an increase in the procurement competition. However, overall the substitutions elasticities estimated in our study are relatively low. This indicates that substitution possibilities could be rather limited due to rigidities in input prices. This result suggests that competition of forest resources also might be relatively limited. In paper II a partial equilibrium model is constructed in order to asses the effects an increasing utilisation of forest resources in the energy sector. The increasing utilisation of forest fuel is, to a large extent, caused by economic policies introduced to reduce the emission of greenhouse gases. In countries where forests already are highly utilised such policies will lead to an increase in the procurement competition between the forest sector and

  5. Advanced Coal Wind Hybrid: Economic Analysis

    Energy Technology Data Exchange (ETDEWEB)

    Phadke, Amol; Goldman, Charles; Larson, Doug; Carr, Tom; Rath, Larry; Balash, Peter; Yih-Huei, Wan

    2008-11-28

    Growing concern over climate change is prompting new thinking about the technologies used to generate electricity. In the future, it is possible that new government policies on greenhouse gas emissions may favor electric generation technology options that release zero or low levels of carbon emissions. The Western U.S. has abundant wind and coal resources. In a world with carbon constraints, the future of coal for new electrical generation is likely to depend on the development and successful application of new clean coal technologies with near zero carbon emissions. This scoping study explores the economic and technical feasibility of combining wind farms with advanced coal generation facilities and operating them as a single generation complex in the Western US. The key questions examined are whether an advanced coal-wind hybrid (ACWH) facility provides sufficient advantages through improvements to the utilization of transmission lines and the capability to firm up variable wind generation for delivery to load centers to compete effectively with other supply-side alternatives in terms of project economics and emissions footprint. The study was conducted by an Analysis Team that consists of staff from the Lawrence Berkeley National Laboratory (LBNL), National Energy Technology Laboratory (NETL), National Renewable Energy Laboratory (NREL), and Western Interstate Energy Board (WIEB). We conducted a screening level analysis of the economic competitiveness and technical feasibility of ACWH generation options located in Wyoming that would supply electricity to load centers in California, Arizona or Nevada. Figure ES-1 is a simple stylized representation of the configuration of the ACWH options. The ACWH consists of a 3,000 MW coal gasification combined cycle power plant equipped with carbon capture and sequestration (G+CC+CCS plant), a fuel production or syngas storage facility, and a 1,500 MW wind plant. The ACWH project is connected to load centers by a 3,000 MW

  6. Factor Economic Analysis at Forestry Enterprises

    Directory of Open Access Journals (Sweden)

    M.Yu. Chik

    2018-03-01

    Full Text Available The article studies the importance of economic analysis according to the results of research of scientific works of domestic and foreign scientists. The calculation of the influence of factors on the change in the cost of harvesting timber products by cost items has been performed. The results of the calculation of the influence of factors on the change of costs on 1 UAH are determined using the full cost of sold products. The variable and fixed costs and their distribution are allocated that influences the calculation of the impact of factors on cost changes on 1 UAH of sold products. The paper singles out the general results of calculating the influence of factors on cost changes on 1 UAH of sold products. According to the results of the analysis, the list of reserves for reducing the cost of production at forest enterprises was proposed. The main sources of reserves for reducing the prime cost of forest products at forest enterprises are investigated based on the conducted factor analysis.

  7. Applying economic principles to outcomes analysis.

    Science.gov (United States)

    Shauver, Melissa J; Chung, Kevin C

    2013-04-01

    This article presents an introduction to economic outcomes for the plastic surgeon investigator. Types of economic outcomes are introduced and the matter of perspective is discussed. Examples from the plastic surgery literature are presented. The current and future importance of economic outcome measures is emphasized. Copyright © 2013 Elsevier Inc. All rights reserved.

  8. A Readability Analysis of Selected Introductory Economics.

    Science.gov (United States)

    Gallagher, Daniel J.; Thompson, G. Rodney

    1981-01-01

    To aid secondary school and college level economics teachers as they select textbooks for introductory economics courses, this article recounts how teachers can use the Flesch Reading Ease Test to measure readability. Data are presented on application of the Flesch Reading Ease Test to 15 introductory economics textbooks. (Author/DB)

  9. Can technological innovation help China take on its climate responsibility? An intertemporal general equilibrium analysis

    International Nuclear Information System (INIS)

    Jin Wei

    2012-01-01

    This paper examines the effectiveness of China’s indigenous R and D and technological innovation to curb its carbon emissions. The mechanism of endogenous technical change (TC) is incorporated an intertemporal computable general equilibrium (CGE) model. R and D investments and knowledge creations are modeled as the endogenous behaviors of private firms. The accumulated stocks of knowledge are applied in the production process to affect the rate and bias of TC. Simulation results show that: (1) while China’s indigenous R and D efforts play a significant role to curb carbon emissions, sole dependence on R and D may be far from sufficient to achieve pledged climate target, with complementary policies being required to reinforce existing climate actions; (2) innovation policies can strengthen R and D investment and cut emissions further, but the complementary effect is relatively minor; (3) carbon taxation can generate significant carbon-saving benefits and fulfill climate target, but this achievement is at the cost of economic losses. The induced technical improvement, however, can partially mitigate the deadweight loss incurred by carbon tax distortion. - Highlights: ► We examine the effect of China’s technological innovation to curb its carbon emissions. ► A mechanism of R and D-induced technical change is incorporated into an intertemporal CGE model. ► Private R and D efforts and public R and D intervention are insufficient to achieve climate target. ► A carbon tax is indispensable to achieve climate target but at the cost of output losses. ► Induced technical change can partially mitigate the deadweight loss incurred by carbon tax.

  10. Dynamic analysis of savings and economic growth in Nigeria ...

    African Journals Online (AJOL)

    Dynamic analysis of savings and economic growth in Nigeria. ... a trivariate dynamic Granger causality model with savings, economic growth and foreign ... It is recommended that in the short run, policies in Nigeria should be geared towards ...

  11. Economic Analysis of Factors Affecting Technical Efficiency of ...

    African Journals Online (AJOL)

    Economic Analysis of Factors Affecting Technical Efficiency of Smallholders ... socio-economic characteristics which influence technical efficiency in maize production. ... Ministry of Agriculture and livestock, records, books, reports and internet.

  12. Economic analysis of basiliximab in renal transplantation.

    Science.gov (United States)

    Keown, P A; Balshaw, R; Krueger, H; Baladi, J F

    2001-06-15

    groups. The principal costs associated with repeat admission to the transplant ward and the general ward were marginally higher for placebo ($7,395 vs. $6,300 and $5,986 vs. $4,625). Treatment of acute rejection and maintenance immunosuppressive drug use were associated with only limited savings as a result of basiliximab (savings <$200 each). Sensitivity analysis indicated that the most influential parameters affecting the savings as a result of using basiliximab were a reduction in the duration of initial and repeat hospitalization followed by the reduced risks of acute rejection and graft loss. Before accounting for the cost of the therapy itself, basiliximab produces an estimated economic saving of $4,554 during the first year after transplant, of which $3,344 is attributable to the reduced costs of graft dysfunction, including graft loss and dialysis ($1,722) and follow-up hospitalizations ($1,622). When marketed, basiliximab is expected to cost approximately $3,000 per course (two doses of 20 mg), resulting in a net first-year saving of $1,554. Under these circumstances, basiliximab can be considered a dominant therapy in renal transplantation.

  13. An integrated economic and distributional analysis of energy policies

    International Nuclear Information System (INIS)

    Labandeira, Xavier; Labeaga, Jose M.; Rodriguez, Miguel

    2009-01-01

    Most public policies, particularly those in the energy sphere, have not only efficiency but also distributional effects. However, there is a trade-off between modelling approaches suitable for calculating those impacts on the economy. For the former most of the studies have been conducted with general equilibrium models, whereas partial equilibrium models represent the main approach for distributional analysis. This paper proposes a methodology to simultaneously carry out an analysis of the distributional and efficiency consequences of changes in energy taxation. In order to do so, we have integrated a microeconomic household demand model and a computable general equilibrium model for the Spanish economy. We illustrate the advantages of this approach by simulating a revenue-neutral reform in Spanish indirect taxation, with a large increase of energy taxes that serve an environmental purpose. The results show that the reforms bring about significant efficiency and distributional effects, in some cases counterintuitive, and demonstrate the academic and social utility of this approximation. (author)

  14. An integrated economic and distributional analysis of energy policies

    Energy Technology Data Exchange (ETDEWEB)

    Labandeira, Xavier [Facultade de CC. Economicas, University of Vigo, 36310 Vigo (Spain); Labeaga, Jose M. [Instituto de Estudios Fiscales, Avda. Cardenal Herrera Oria 378, 28035 Madrid (Spain); Rodriguez, Miguel [Facultade de CC. Empresariais e Turismo, University of Vigo, 32004 Ourense (Spain)

    2009-12-15

    Most public policies, particularly those in the energy sphere, have not only efficiency but also distributional effects. However, there is a trade-off between modelling approaches suitable for calculating those impacts on the economy. For the former most of the studies have been conducted with general equilibrium models, whereas partial equilibrium models represent the main approach for distributional analysis. This paper proposes a methodology to simultaneously carry out an analysis of the distributional and efficiency consequences of changes in energy taxation. In order to do so, we have integrated a microeconomic household demand model and a computable general equilibrium model for the Spanish economy. We illustrate the advantages of this approach by simulating a revenue-neutral reform in Spanish indirect taxation, with a large increase of energy taxes that serve an environmental purpose. The results show that the reforms bring about significant efficiency and distributional effects, in some cases counterintuitive, and demonstrate the academic and social utility of this approximation. (author)

  15. Preliminary analysis of advanced equilibrium configuration for the fusion-driven subcritical system

    International Nuclear Information System (INIS)

    Chu Delin; Wu Bin; Wu Yican

    2003-01-01

    The Fusion-Driven Subcritical System (FDS) is a subcritical nuclear energy system driven by fusion neutron source. In this paper, an advanced plasma configuration for FDS system has been proposed, which aims at high beta, high bootstrap current and good confinement. A fixed-boundary equilibrium code has been used to obtain ideal equilibrium configuration. In order to determine the feasibility of FDS operation, a two-dimensional time-dependent free boundary simulation code has been adopted to simulate time-scale evolution of plasma current profile and boundary position. By analyses, the Reversed Shear mode as the most attractive one has been recommended for the FDS equilibrium configuration design

  16. Analysis of equilibrium in a tokamak by the finite-difference method

    International Nuclear Information System (INIS)

    Kim, K.E.; Jeun, G.D.

    1983-01-01

    Ideal magnetohydrodynamic equilibrium in a Tokamak having a small radius with an elongated rectangular cross section is studied by applying the finite-difference method to the Grad-Shafranov equation to determine possible limitations for *b=8*pPsup(2)/Bsup(2). The coupled first-order differential equations resulting from the finite-difference Grad-Shafranov equation is solved by the numarical method:1)We concluded that equilibrium consideration alone gives no limitation even for *b approx.1. 2)We have obtained the equilibrium magnetic field configuration charcterized by a set of three parameters;the aspect ratio, *b,and the safety factor. (Author)

  17. Economic Multipliers and Mega-Event Analysis

    OpenAIRE

    Victor Matheson

    2004-01-01

    Critics of economic impact studies that purport to show that mega-events such as the Olympics bring large benefits to the communities “lucky” enough to host them frequently cite the use of inappropriate multipliers as a primary reason why these impact studies overstate the true economic gains to the hosts of these events. This brief paper shows in a numerical example how mega-events may lead to inflated multipliers and exaggerated claims of economic benefits.

  18. Relaxation with high-speed plasma flows and singularity analysis in MHD equilibrium

    International Nuclear Information System (INIS)

    Shiraishi, Junya; Ohsaki, Shuichi; Yoshida, Zensho

    2004-01-01

    Relaxation model that leads to plasma confinement with rigid-rotation is presented. This model applies to Jupiter's magnetosphere. It is shown that the invariance of canonical angular momentum of electron fluid, which is realized by axisymmetry through self-organization process, yields plasma confinement. including poloidal flows in equilibrium equation makes the problem rather complicated. Singularity due to the poloidal flow is focused on. It is shown that the singular equation for equilibrium has the same structure as the equation for linear Alfven wave. Since the singular solution for equilibrium equation is physically inadequate, the singularity may be removed by another physical effect. The Hall-effect is taken into account as a singular perturbation that removes the singularity of equilibrium equation for ideal magnetohydrodynamics. (author)

  19. China’s Rare Earths Supply Forecast in 2025: A Dynamic Computable General Equilibrium Analysis

    Directory of Open Access Journals (Sweden)

    Jianping Ge

    2016-09-01

    Full Text Available The supply of rare earths in China has been the focus of significant attention in recent years. Due to changes in regulatory policies and the development of strategic emerging industries, it is critical to investigate the scenario of rare earth supplies in 2025. To address this question, this paper constructed a dynamic computable equilibrium (DCGE model to forecast the production, domestic supply, and export of China’s rare earths in 2025. Based on our analysis, production will increase by 10.8%–12.6% and achieve 116,335–118,260 tons of rare-earth oxide (REO in 2025, based on recent extraction control during 2011–2016. Moreover, domestic supply and export will be 75,081–76,800 tons REO and 38,797–39,400 tons REO, respectively. The technological improvements on substitution and recycling will significantly decrease the supply and mining activities of rare earths. From a policy perspective, we found that the elimination of export regulations, including export quotas and export taxes, does have a negative impact on China’s future domestic supply of rare earths. The policy conflicts between the increase in investment in strategic emerging industries, and the increase in resource and environmental taxes on rare earths will also affect China’s rare earths supply in the future.

  20. Impacts Of External Price Shocks On Malaysian Macro Economy-An Applied General Equilibrium Analysis

    Directory of Open Access Journals (Sweden)

    Abul Quasem Al-Amin

    2008-10-01

    Full Text Available This paper examines the impacts of external price shocks in the Malaysian economy. There are three simulations are carried out with different degrees of external shocks using Malaysian Social Accounting Matrix (SAM and Computable General Equilibrium (CGE analysis. The model results indicate that the import price shocks, better known as external price shocks by 15% decreases the domestic production of building and construction sector by 25.87%, hotels, restaurants and entertainment sector by 12.04%, industry sector by 12.02%, agriculture sector by 11.01%, and electricity and gas sector by 9.55% from the baseline. On the import side, our simulation results illustrate that as a result of the import price shocks by 15%, imports decreases significantly in all sectors from base level. Among the scenarios, the largest negative impacts goes on industry sectors by 29.67% followed by building and construction sector by 22.42%, hotels, restaurants and entertainment sector by 19.45%, electricity and gas sector by 13.%, agriculture sector by 12.63% and other service sectors by 11.17%. However significant negative impact goes to the investment and fixed capital investment. It also causes the household income, household consumption and household savings down and increases the cost of livings in the economy results in downward social welfare.

  1. The Equilibrium Analysis of a Closed Economy Model with Government and Money Market Sector

    Directory of Open Access Journals (Sweden)

    Catalin Angelo Ioan

    2011-10-01

    Full Text Available In this paper, we first study the static equilibrium of a a closed economy model in terms of dependence on national income and interest rate from the main factors namely the marginal propensity to consume, tax rate, investment rate and the rate of currency demand. In the second part, we study the dynamic equilibrium solutions in terms of stability. We thus obtain the variation functions of national income and interest rate variation and their limit values.

  2. Causality analysis of diesel consumption and economic growth in Cameroon

    International Nuclear Information System (INIS)

    Tamba, Jean Gaston; Njomo, Donatien; Limanond, Thirayoot; Ntsafack, Borel

    2012-01-01

    This study examines the causal relationship between diesel consumption and economic growth in Cameroon by using a three-step modern time-series technique. Tests for unit roots, cointegration, and Granger-causality based on error correction model are employed on annual data covering the period 1975–2008. Empirical results of the study confirm the presence of a long-run equilibrium relationship between diesel consumption and economic growth. The error correction model shows that an estimated 1% increase in economic growth causes a rise in diesel consumption of 1.30% in the long-run. The overall results show that there exists bidirectional causality in the long-run relationship and no causality in the short-run relationship between diesel consumption and economic growth at the 5% level of significance. Thus, the energy policies in Cameroon should place priority on the discovery of new oil field and building capacity additions of the refinery to increase production of petroleum products, as this would propel the economic growth of the country. - Highlights: ► We examine the causal relationship between diesel consumption and GDP in Cameroon. ► we analyze the petroleum products sector in Cameroon. ► 1% increase in economic growth causes a rise in diesel consumption of 1.30%. ► The policy aimed at improving diesel supply have a positive impact on economics.

  3. Economic analysis and management of climatic risks

    Energy Technology Data Exchange (ETDEWEB)

    Hourcade, J.C. (Centre International de Recherche sur l' Environnement et le Developpement, 92 - Montrouge (France))

    1994-01-01

    This paper aims at framing the collective decision problem in the face of climate change. It shows why it would be irrelevant to handle it in the form of a classical decision under uncertainty framework where a cost-benefit analysis is carried out including probability distribution on damages and risk aversion coefficients. A sequential approach to policy making is then proposed as an alternative in order to account for the inertia of socio-economic dynamics and the value of information. A simple model illustrates the gap between these two approaches; it shows the importance of combining the investments on climatic research, innovation policies and so-called 'no regret' short term decisions. It shows the fact that, even if they can be considered as quantitatively moderate, these potentials have a critical impact on long term viability of development; they embed a very high information value, lengthening the learning time vis-a-vis potentially major but controversial risks. (author). 21 refs., 3 figs.

  4. Ultrasonic boiler inspection and economic analysis guidelines

    International Nuclear Information System (INIS)

    Anon.

    1987-01-01

    Boiler tube failures cause approximately 6% availability loss of large fossil-fired power generating plants. This loss can be reduced by systematic approaches using ultrasonic examination and root cause failure analysis methods. Two projects sponsored by EPRI have provided utility engineers with guidelines for performing ultrasonic examinations and with details on 22 types of tube failure mechanisms. A manual has been published that provides descriptions of typical locations, superficial appearances, damage mechanisms, metallurgy, microstructural changes, likely root causes, and potential corrective actions. Application of the principles in the manual is being demonstrated in an EPRI-funded project at 10 electric utilities over the next two years. Guidelines have been published that prescribe the activities necessary for ultrasonic examinations of boiler tubes. Eight essential elements of a boiler examination should be performed to assure that possible economic benefits are obtained. Work was supported by EPRI under RP 1890 and RP 1865. A software package has been developed for effectively planning inspections for wall thinning in fossil-fired boiler tubing. The software assists in minimizing costs associated with maintenance, such as inspection and repair, while the life of the boiler is maximized

  5. Advancing School-Based Interventions through Economic Analysis

    Science.gov (United States)

    Olsson, Tina M.; Ferrer-Wreder, Laura; Eninger, Lilianne

    2014-01-01

    Commentators interested in school-based prevention programs point to the importance of economic issues for the future of prevention efforts. Many of the processes and aims of prevention science are dependent upon prevention resources. Although economic analysis is an essential tool for assessing resource use, the attention given economic analysis…

  6. Economic Analysis of Biological Invasions in Forests

    Science.gov (United States)

    Tomas P. Holmes; Julian Aukema; Jeffrey Englin; Robert G. Haight; Kent Kovacs; Brian Leung

    2014-01-01

    Biological invasions of native forests by nonnative pests result from complex stochastic processes that are difficult to predict. Although economic optimization models describe efficient controls across the stages of an invasion, the ability to calibrate such models is constrained by lack of information on pest population dynamics and consequent economic damages. Here...

  7. A multidisciplinary-economic framework of analysis

    Directory of Open Access Journals (Sweden)

    Piet Keizer

    2017-11-01

    Full Text Available Human motivation offers energy, and circumstances offer possibilities. Only in combination, human motivation and circumstance yield action. Over time, desires and opportunities, to satisfy them closely, interact with one another. Orthodox economics analyzes economic motivation in interaction with scarce natural resources. It assumes that perfect rationality and non-sociality create a so-called economic world and analyzes the economic mechanism of allocation of scarce resources. Neoclassical economists use this world as a theoretical foundation for their empirical research. Heterodox economics rejects this strategy of isolating one motivation, a strategy that ignores the psychic and the social problem. However, the heterodox idea of human motivation, being variable and endogenous, is badly analyzed. This leads the author to construct a psychic and a social world that is completely comparable with the agent-structure model of the economic world. The three isolated worlds are integrated by analyzing the interactions between the three worlds. In the integrated world, the economic structure, the psychic structure and the social structure are one another’s foundations. This human world gives familiar economic concepts such as utility, efficiency, rationality, price, value, cost and benefit, a different meaning. Similarly, psychic concepts such as Self, willpower and personality and social concepts such as status, power, culture and morality, are given different meanings. To make the model more realistic, it should be made dynamic and historical and be placed in the context of the world as an open system.

  8. Air Force Pilot Retention: An Economic Analysis

    Science.gov (United States)

    1993-01-01

    Force impacts retention. Within the field of labor economics , an alternative labor market theory has developed which contrasts with typical competitive...this section. 60 NOTES ON CHAPTER III 1 Sherwin Rosen. "The Theory of Equalizing Differences," _Handboof•f Labor Economics , Volume 1, (New York

  9. Left ventricular function and visual phase analysis with equilibrium radionuclide angiography in patients with biventricular device

    International Nuclear Information System (INIS)

    Muxi, Africa; Setoain, Francisco J.; Pons, Francisca; Paredes, Pilar; Duch, Joan; Fuertes, Silvia; Ortin, Jaime; Mont, Lluis; Diaz-Infante, Ernesto

    2008-01-01

    Cardiac resynchronisation therapy (CRT) is a technique indicated in patients with moderate to severe heart failure and ventricular dyssynchrony. To evaluate left ventricular ejection fraction (LVEF) and synchronisation changes after CRT with a biventricular pacing implant, we used an equilibrium radionuclide angiography (ERNA). Fifty patients were studied. An ERNA was made 72 h and 6 months after the implant. Two acquisitions were performed: with the CRT device connected and after disconnecting it. In the follow-up, responders were defined as those who had improved in accordance with various clinical variables. Quantitative changes in LVEF and visual changes in synchronisation (phase analysis) were studied comparing the two studies and also comparing the connected and disconnected modes. At 6 months, 30 patients were defined as responders. LVEF increased significantly at 6 months compared with the 72-h study only in responders. At 72 h, the number of patients showing a decrease in LVEF (p < 0.05) or a synchronisation worsening after disconnecting the device was higher in responders than in nonresponders. At 6 months, 57% of responders had no synchronisation changes between the connected and disconnected modes, suggesting a resynchronisation process. ERNA permits the study of resynchronisation patients, showing a statistical LVEF improvement at 6 months. Moreover, visual phase analysis permits the study of the mechanism involved in the response, with an important number of responders with no changes between the two modes at 6 months. In the 72-h study, after disconnection of the device, LVEF and resynchronisation worsening can predict patient improvement at 6 months. (orig.)

  10. Women in development : issues for economic and sector analysis

    OpenAIRE

    Women in Development Division

    1989-01-01

    This paper highlights issues and action plans concerning women in economic and sector analysis and in project design. The paper focuses on the majority of women who are poor. It emphasizes measures to include women in development that contribute to economic performance, poverty reduction, slower population growth, and other broad development objectives. The paper concludes that women already contribute far more economically than is usually recognized. By expanding women's economic choices, ou...

  11. An Applied General Equilibrium (AGE) analysis of a policy designed to reduce the household consumption of wood in the Sudan

    International Nuclear Information System (INIS)

    Dufournaud, C.M.; Quinn, J.T.; Harrington, J.J.

    1994-01-01

    The Sudan, along with all Sahelian countries, faces urgent environmental problems caused, in part, by the clear-cutting of scrub for firewood. Analyzes the economic consequences of a policy often proposed to reduce the consumption of firewood. Specifically, the authors simulate the policy of introducing more efficient wood burning stoves into households by using an Applied General Equilibrium (AGE) model. The results indicate that the anticipated reduction in the economy-wide demand for wood, based on the increase in the technical efficiency of the stoves, is not fully realized. 23 refs., 2 figs., 5 tabs

  12. Analysis of non-equilibrium phenomena in inductively coupled plasma generators

    Energy Technology Data Exchange (ETDEWEB)

    Zhang, W.; Panesi, M., E-mail: mpanesi@illinois.edu [University of Illinois at Urbana-Champaign, Urbana, Illinois 61822 (United States); Lani, A. [Von Karman Institute for Fluid Dynamics, Rhode-Saint-Genèse (Belgium)

    2016-07-15

    This work addresses the modeling of non-equilibrium phenomena in inductively coupled plasma discharges. In the proposed computational model, the electromagnetic induction equation is solved together with the set of Navier-Stokes equations in order to compute the electromagnetic and flow fields, accounting for their mutual interaction. Semi-classical statistical thermodynamics is used to determine the plasma thermodynamic properties, while transport properties are obtained from kinetic principles, with the method of Chapman and Enskog. Particle ambipolar diffusive fluxes are found by solving the Stefan-Maxwell equations with a simple iterative method. Two physico-mathematical formulations are used to model the chemical reaction processes: (1) A Local Thermodynamics Equilibrium (LTE) formulation and (2) a thermo-chemical non-equilibrium (TCNEQ) formulation. In the TCNEQ model, thermal non-equilibrium between the translational energy mode of the gas and the vibrational energy mode of individual molecules is accounted for. The electronic states of the chemical species are assumed in equilibrium with the vibrational temperature, whereas the rotational energy mode is assumed to be equilibrated with translation. Three different physical models are used to account for the coupling of chemistry and energy transfer processes. Numerical simulations obtained with the LTE and TCNEQ formulations are used to characterize the extent of non-equilibrium of the flow inside the Plasmatron facility at the von Karman Institute. Each model was tested using different kinetic mechanisms to assess the sensitivity of the results to variations in the reaction parameters. A comparison of temperatures and composition profiles at the outlet of the torch demonstrates that the flow is in non-equilibrium for operating conditions characterized by pressures below 30 000 Pa, frequency 0.37 MHz, input power 80 kW, and mass flow 8 g/s.

  13. Combined steam and carbon dioxide reforming of methane and side reactions: Thermodynamic equilibrium analysis and experimental application

    International Nuclear Information System (INIS)

    Jang, Won-Jun; Jeong, Dae-Woon; Shim, Jae-Oh; Kim, Hak-Min; Roh, Hyun-Seog; Son, In Hyuk; Lee, Seung Jae

    2016-01-01

    Highlights: • Selected variables have a significant influence on yields of synthesis gas. • (CO_2 + H_2O)/CH_4 affects the temperature which can achieve the maximum conversion. • Coke is formed at low temperatures even with excess oxidizing agent. • The occurrence of RWGS becomes critical in real chemical reactions. • Equilibrium conversions are maintained for 500 h without detectable deactivation. - Abstract: Thermodynamic equilibrium analysis of the combined steam and carbon dioxide reforming of methane (CSCRM) and side reactions was performed using total Gibbs free energy minimization. The effects of (CO_2 + H_2O)/CH_4 ratio (0.9–2.9), CO_2:H_2O ratio (3:1–1:3), and temperature (500–1000 °C) on the equilibrium conversions, yields, coke yield, and H_2/CO ratio were investigated. A (CO_2 + H_2O)/CH_4 ratio greater than 1.2, a CO_2:H_2O ratio of 1:2.1, and a temperature of at least 850 °C are preferable reaction conditions for the synthesis gas preparation in the gas to liquid process. Simulated conditions were applied to the CSCRM reaction and the experimental data were compared with the thermodynamic equilibrium results. The thermodynamic equilibrium results were mostly consistent with the experimental data, but the reverse water gas shift reaction rapidly occurred in the real chemical reaction and under excess oxidizing agent conditions. In addition, a long-term stability test (under simulated conditions) showed that the equilibrium conversion was maintained for 500 h and that the coke formation on the used catalyst was not observed.

  14. Economic impact analysis of short line railroads.

    Science.gov (United States)

    2014-10-01

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

  15. The impact of increased efficiency in the industrial use of energy: A computable general equilibrium analysis for the United Kingdom

    International Nuclear Information System (INIS)

    Allan, Grant; Hanley, Nick; McGregor, Peter; Swales, Kim; Turner, Karen

    2007-01-01

    The conventional wisdom is that improving energy efficiency will lower energy use. However, there is an extensive debate in the energy economics/policy literature concerning 'rebound' effects. These occur because an improvement in energy efficiency produces a fall in the effective price of energy services. The response of the economic system to this price fall at least partially offsets the expected beneficial impact of the energy efficiency gain. In this paper we use an economy-energy-environment computable general equilibrium (CGE) model for the UK to measure the impact of a 5% across the board improvement in the efficiency of energy use in all production sectors. We identify rebound effects of the order of 30-50%, but no backfire (no increase in energy use). However, these results are sensitive to the assumed structure of the labour market, key production elasticities, the time period under consideration and the mechanism through which increased government revenues are recycled back to the economy

  16. Nuclear Fuel Cycle Analysis by Integrated AHP and TOPSIS Method Using an Equilibrium Model

    International Nuclear Information System (INIS)

    Yoon, S. R.; Choi, S. Y.; Koc, W. I.

    2015-01-01

    Determining whether to break away from domestic conflict surrounding nuclear power and step forward for public consensus can be identified by transparent policy making considering public acceptability. In this context, deriving the best suitable nuclear fuel cycle for Korea is the key task in current situation. Assessing nuclear fuel cycle is a multicriteria decision making problem dealing with multiple interconnected issues on efficiently using natural uranium resources, securing an environment friendliness to deal with waste, obtaining the public acceptance, ensuring peaceful uses of nuclear energy, maintaining economic competitiveness compared to other electricity sources, and assessing technical feasibility of advanced nuclear energy systems. This paper performed the integrated AHP and TOPSIS analysis on three nuclear fuel cycle options against 5 different criteria including U utilization, waste management, material attractiveness, economics, and technical feasibility. The fuel cycle options analyzed in this paper are three different fuel cycle options as follows: PWR-Once through cycle(PWR-OT), PWR-MOX cycle, Pyro- SFR cycle. These fuel cycles are most likely to be adopted in the foreseeable future. Analytic Hierarchy Process (AHP) and TOPSIS (Technique for Order of Preference by Similarity to Ideal Solution). The analyzed nuclear fuel cycle options include the once-through cycle, the PWR-MOX recycle, and the Pyro-SFR recycle

  17. Nuclear Fuel Cycle Analysis by Integrated AHP and TOPSIS Method Using an Equilibrium Model

    Energy Technology Data Exchange (ETDEWEB)

    Yoon, S. R. [University of Science and Technology, Daejeon (Korea, Republic of); Choi, S. Y. [UNIST, Ulju (Korea, Republic of); Koc, W. I. [Korea Atomic Energy Research Institute, Daejeon (Korea, Republic of)

    2015-05-15

    Determining whether to break away from domestic conflict surrounding nuclear power and step forward for public consensus can be identified by transparent policy making considering public acceptability. In this context, deriving the best suitable nuclear fuel cycle for Korea is the key task in current situation. Assessing nuclear fuel cycle is a multicriteria decision making problem dealing with multiple interconnected issues on efficiently using natural uranium resources, securing an environment friendliness to deal with waste, obtaining the public acceptance, ensuring peaceful uses of nuclear energy, maintaining economic competitiveness compared to other electricity sources, and assessing technical feasibility of advanced nuclear energy systems. This paper performed the integrated AHP and TOPSIS analysis on three nuclear fuel cycle options against 5 different criteria including U utilization, waste management, material attractiveness, economics, and technical feasibility. The fuel cycle options analyzed in this paper are three different fuel cycle options as follows: PWR-Once through cycle(PWR-OT), PWR-MOX cycle, Pyro- SFR cycle. These fuel cycles are most likely to be adopted in the foreseeable future. Analytic Hierarchy Process (AHP) and TOPSIS (Technique for Order of Preference by Similarity to Ideal Solution). The analyzed nuclear fuel cycle options include the once-through cycle, the PWR-MOX recycle, and the Pyro-SFR recycle.

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

    NARCIS (Netherlands)

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

    2017-01-01

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

  19. Environmental Impact Assessment for Socio-Economic Analysis of Chemicals

    DEFF Research Database (Denmark)

    Calow, Peter; Biddinger, G; Hennes, C

    This report describes the requirements for, and illustrates the application of, a methodology for a socio-economic analysis (SEA) especially as it might be adopted in the framework of REACH.......This report describes the requirements for, and illustrates the application of, a methodology for a socio-economic analysis (SEA) especially as it might be adopted in the framework of REACH....

  20. Equilibrium models and variational inequalities

    CERN Document Server

    Konnov, Igor

    2007-01-01

    The concept of equilibrium plays a central role in various applied sciences, such as physics (especially, mechanics), economics, engineering, transportation, sociology, chemistry, biology and other fields. If one can formulate the equilibrium problem in the form of a mathematical model, solutions of the corresponding problem can be used for forecasting the future behavior of very complex systems and, also, for correcting the the current state of the system under control. This book presents a unifying look on different equilibrium concepts in economics, including several models from related sciences.- Presents a unifying look on different equilibrium concepts and also the present state of investigations in this field- Describes static and dynamic input-output models, Walras, Cassel-Wald, spatial price, auction market, oligopolistic equilibrium models, transportation and migration equilibrium models- Covers the basics of theory and solution methods both for the complementarity and variational inequality probl...

  1. The economic impact of restricted water supply: A computable general equilibrium analysis

    NARCIS (Netherlands)

    Berrittella, Maria; Hoekstra, Arjen Ysbert; Rehdanz, Katrin; Roson, Roberto; Tol, Richard S.J.

    2007-01-01

    Water problems are typically studied at the level of the river catchment. About 70% of all water is used for agriculture, and agricultural products are traded internationally. A full understanding of water use is impossible without understanding the international market for food and related

  2. The economic impact of more sustainable water use in agriculture: A computable general equilibrium analysis

    NARCIS (Netherlands)

    Calzadilla, A.; Rehdanz, K.; Tol, R.S.J.

    2010-01-01

    Agriculture is the largest consumer of freshwater resources - around 70 percent of all freshwater withdrawals are used for food production. These agricultural products are traded internationally. A full understanding of water use is, therefore, impossible without understanding the international

  3. Stability analysis of the endemic equilibrium state of an infection age ...

    African Journals Online (AJOL)

    In this work we present an infection-age-structured mathematical model of AIDS disease dynamics and examine the endemic equilibrium state for stability. An explicit formula for the basic reproduction number R0 was obtained in terms of the demographic and epidemiological parameters of the model. The endemic ...

  4. Molecular dynamics study of CO2 hydrate dissociation: Fluctuation-dissipation and non-equilibrium analysis.

    Science.gov (United States)

    English, Niall J; Clarke, Elaine T

    2013-09-07

    Equilibrium and non-equilibrium molecular dynamics (MD) simulations have been performed to investigate thermal-driven break-up of planar CO2 hydrate interfaces in liquid water at 300-320 K. Different guest compositions, at 85%, 95%, and 100% of maximum theoretical occupation, led to statistically-significant differences in the observed initial dissociation rates. The melting temperatures of each interface were estimated, and dissociation rates were observed to be strongly dependent on temperature, with higher dissociation rates at larger over-temperatures vis-à-vis melting. A simple coupled mass and heat transfer model developed previously was applied to fit the observed dissociation profiles, and this helps to identify clearly two distinct régimes of break-up; a second well-defined region is essentially independent of composition and temperature, in which the remaining nanoscale, de facto two-dimensional system's lattice framework is intrinsically unstable. From equilibrium MD of the two-phase systems at their melting point, the relaxation times of the auto-correlation functions of fluctuations in number of enclathrated guest molecules were used as a basis for comparison of the variation in the underlying, non-equilibrium, thermal-driven dissociation rates via Onsager's hypothesis, and statistically significant differences were found, confirming the value of a fluctuation-dissipation approach in this case.

  5. The Equilibrium Analysis of a Closed Economy Model with Government and Money Market Sector - II

    Directory of Open Access Journals (Sweden)

    Catalin Angelo Ioan

    2012-10-01

    Full Text Available In this paper,we will continue the study of the dynamic equilibrium solutions in thepurpose of investigating the dependence limits (potential output and interest rate limit.We find alsoan interesting linearrelation between the potential output and interest rate limit

  6. Analogies in the Teaching of Chemical Equilibrium: A Synthesis/Analysis of the Literature

    Science.gov (United States)

    Raviolo, Andres; Garritz, Andoni

    2009-01-01

    This paper presents a thorough literature review of the analogies used to teach chemical equilibrium. The main objective is to compile all the analogies that have been found to be of service to the teacher and the student. Additionally, we categorize and analyze analogies in relation to the following aspects: representation of the dynamic nature…

  7. Computer program for calculation of complex chemical equilibrium compositions and applications. Part 1: Analysis

    Science.gov (United States)

    Gordon, Sanford; Mcbride, Bonnie J.

    1994-01-01

    This report presents the latest in a number of versions of chemical equilibrium and applications programs developed at the NASA Lewis Research Center over more than 40 years. These programs have changed over the years to include additional features and improved calculation techniques and to take advantage of constantly improving computer capabilities. The minimization-of-free-energy approach to chemical equilibrium calculations has been used in all versions of the program since 1967. The two principal purposes of this report are presented in two parts. The first purpose, which is accomplished here in part 1, is to present in detail a number of topics of general interest in complex equilibrium calculations. These topics include mathematical analyses and techniques for obtaining chemical equilibrium; formulas for obtaining thermodynamic and transport mixture properties and thermodynamic derivatives; criteria for inclusion of condensed phases; calculations at a triple point; inclusion of ionized species; and various applications, such as constant-pressure or constant-volume combustion, rocket performance based on either a finite- or infinite-chamber-area model, shock wave calculations, and Chapman-Jouguet detonations. The second purpose of this report, to facilitate the use of the computer code, is accomplished in part 2, entitled 'Users Manual and Program Description'. Various aspects of the computer code are discussed, and a number of examples are given to illustrate its versatility.

  8. A global equilibrium analysis of co-firing coal and solid recovered fuel

    DEFF Research Database (Denmark)

    Wu, Hao; Glarborg, Peter; Jappe Frandsen, Flemming

    Global equilibrium calculations have been performed to study the behavior of ash forming species in cocombustion of a bituminous coal and a solid recovered fuel (SRF). It revealed that co-combustion of coal and 25% SRF (weight basis) could significantly reduce the formation of NaCl (g) and KCl (g...

  9. Diagnostics of the Enterprise Economic Security and the Role of Information and Communication in the Context of Sustainability of Dynamical Equilibrium, Operation and Development

    Directory of Open Access Journals (Sweden)

    Skrynkovskyy Ruslan M.

    2015-03-01

    Full Text Available In the scientific article a system for diagnostics of the enterprise economic security is developed. It has been determined that the main business indicators for diagnostics of the enterprise economic security are: the level of the enterprise financial stability (contains the indicator for the enterprise provision with its own funds, rate of independence, financial stability indicator, current assets to equity ratio, liquid ratio, absolute liquidity ratio, current liquidity ratio; level of the enterprise production activity (calculated on the output-capital ratio, capital-labor ratio, index of workforce productivity, quality indicators of fixed assets, production potential indicator, production profitability ratio, input-output coefficient; level of organizational and administrative activities of the enterprise (takes into account the ratio of administrative expenses to the rate of increase in production volume, rate of saving of the managerial apparatus, rate of information processing; level of employee loyalty to the enterprise (calculated on the rate of personnel turnover, rate of personnel continuity, indicator of employee satisfaction, personnel development indicator, education level of employees; level of scientific and technical and innovative activity of the enterprise (including index of profitability of innovations, profitability of expenditures on research and development works; level of investment activity of the enterprise (includes index of investment profitability, rate of investment activity, rate of return on investments, rate of investment in production; level of market reliability (calculated on index of return on sales, index of return on net assets, index of marketability, level of market research. It has been identified that an important role in the context of sustainability of dynamical equilibrium, operation and development of enterprises is played by information and communication.

  10. Molecular-dynamics study of propane-hydrate dissociation: Fluctuation-dissipation and non-equilibrium analysis.

    Science.gov (United States)

    Ghaani, Mohammad Reza; English, Niall J

    2018-03-21

    Equilibrium and non-equilibrium molecular-dynamics (MD) simulations have been performed to investigate thermal-driven break-up of planar propane-hydrate interfaces in contact with liquid water over the 260-320 K range. Two types of hydrate-surface water-lattice molecular termination were adopted, at the hydrate edge with water, for comparison: a 001-direct surface cleavage and one with completed cages. Statistically significant differences in melting temperatures and initial break-up rates were observed between both interface types. Dissociation rates were observed to be strongly dependent on temperature, with higher rates at larger over-temperatures vis-à-vis melting. A simple coupled mass and heat transfer model, developed previously, was applied to fit the observed dissociation profiles, and this helps us to identify clearly two distinct hydrate-decomposition régimes; following a highly temperature-dependent break-up phase, a second well-defined stage is essentially independent of temperature, in which the remaining nanoscale, de facto two-dimensional system's lattice framework is intrinsically unstable. Further equilibrium MD-analysis of the two-phase systems at their melting point, with consideration of the relaxation times gleaned from the auto-correlation functions of fluctuations in a number of enclathrated guest molecules, led to statistically significant differences between the two surface-termination cases; a consistent correlation emerged in both cases between the underlying, non-equilibrium, thermal-driven dissociation rates sampled directly from melting with that from an equilibrium-MD fluctuation-dissipation approach.

  11. Economics In Optical Design, Analysis, And Production

    Science.gov (United States)

    Willey, Ronald R.

    1983-10-01

    There are indications that we are entering an era wherein economics will play an increasing role in the optical design and production process. Economics has always been a factor in the competition between commercial ventures in the product arena. Now, we may begin to see competition between different technologies for the scarce resources of the society, including money. A proper design approach begins with a thorough examination and refinement of the requirements from the top down. The interrelationships of the various components must be properly understood and balanced. The specifications must be clear, complete, and realistic. Improper or incomplete system design can cause an extensive waste of resources. The detail optical design to meet the performance requirements has sometimes been the only part of the process that the designer has considered his own responsibility. The final optimization should also consider economic related factors: the cost of tolerances, the available tools test plates, materials, and test equipment. In the preliminary design stage, he should have decided which alignment and test methods are most appropriate to the system. The distribution of tolerances in an optical/mechanical system is a frequently neglected opportunity to reduce cost. We have reported previously on our work in this area, and expand further on it in the context of this paper. The designer now has an opportunity to generate better designs at a lower cost that are more economical to produce. The watchword for the 1980's may become the one found in the assembly automation industry: "more, better, for less".

  12. Directors’ and Officers’ Liability: Economic Analysis

    NARCIS (Netherlands)

    P. C. Leyens (Patrick); M.G. Faure (Michael)

    2017-01-01

    markdownabstractThis paper will be published as a chapter of the forthcoming volume ‘Directors & Officers Liability’ edited by Simon F. Deakin, Helmut Koziol, and Olaf Riss. It explores D&O liability from a law and economics perspective with a view to identify trade-offs of different legal settings.

  13. Trade liberalization, the Mercosur integration process and the agriculture-industry transfers: a general equilibrium analysis

    Directory of Open Access Journals (Sweden)

    Joaquim Bento de Souza Ferreira Filho

    1999-12-01

    Full Text Available This paper deals with the effects of trade liberalization and Mercosur integration process upon the Brazilian economy, with emphasis on the agricultural and agroindustrial production sectors, under the hypothesis that those phenomena could be another step in the rural-urban transfer process in Brazil. The analysis is conducted through an applied general equilibrium model. Results suggest that trade liberalization would hardly generate a widespread process of rural-urban transfers, although Brazilian agriculture shows up as a loser in the process. Notwithstanding that fact, there are transfers inside the agricultural sectors, where, besides the losses in the value added of the grain production sectors, there would be gains for the livestock and for the ''other crops" sectors. The agroindustry, in contrast, seems to gain both in Brazil and Argentina. Model results suggest yet that the Brazilian society would be benefitted as a whole by the integration, despite the losses in the agricultural sector.Este artigo analisa os efeitos do processo de liberalização comercial e de constituição do Mercosul sobre a economia brasileira, com ênfase nos setores produtivos da agricultura e da agroindústria, sob a hipótese de que aqueles fenômenos seriam mais uma etapa no processo de transferências rurais-urbanas no Brasil. Para tanto, a análise é conduzida através do uso de um modelo de equilíbrio geral aplicado. Os resultados sugerem que a integração comercial não irá gerar um processo amplo de transferências rurais-urbanas no Brasil, embora a agricultura brasileira apareça, no agregado, como o setor perdedor na integração, em benefício da agricultura argentina. Há, entretanto, transferências dentro dos setores da agropecuária brasileira, onde, ao lado das perdas no valor adicionado do setor produtor de grãos, haveria ganhos para a pecuária e para o setor ''outras culturas". A agroindústria, em contraste, parece ganhar tanto no Brasil

  14. Nature of macroeconomic equilibrium and driving force of economic cycles in the light of difference between money and exergy forms in cost estimations

    Energy Technology Data Exchange (ETDEWEB)

    Bandura, A.V. [National Politechnical Univ., Kiev (Ukraine); Brodianskii, V.M. [Moscow Power Engineering Inst. Technical Univ. (Russian Federation)

    1996-11-01

    The main problem of exergy application directly in economic analysis is to find valid correlation between money-based cost and exergy based one (including exergy expenses of labour) and to define exergy cost as an economic category among the existing traditional economic ones. The present report is aimed to search the way for this macroeconomic problems` solution. It is demonstrated that exergy-based cost can be recalculated in a monetary form using a coefficient, defined as a ratio between money supply and the total exergy of all natural resources involved in production process, i.e. as a ratio between monetary and exergy bases. The difference between `natural` and current prices (P) can be used directly both for general quantitative characteristics of an economic cycles driving force and for control of market relationship imperfection. It is shown that for the period of time with the positive P, that is, current price is lower than a `natural` one, the recoveries in business cycles are observed. For the period of time with the negative P, that is, current price is higher than a natural one, economic recessions are observed. The moment of time when P = 0 corresponds to the turning point of a business cycle. In such a way the possibility to predict the turning points of business cycles is demonstrated. 14 refs, 2 figs, 2 tabs

  15. ANALYSIS OF FACTORS WHICH AFFECTING THE ECONOMIC GROWTH

    Directory of Open Access Journals (Sweden)

    Suparna Wijaya

    2017-03-01

    Full Text Available High economic growth and sustainable process are main conditions for sustainability of economic country development. They are also become measures of the success of the country's economy. Factors which tested in this study are economic and non-economic factors which impacting economic development. This study has a goal to explain the factors that influence on macroeconomic Indonesia. It used linear regression modeling approach. The analysis result showed that Tax Amnesty, Exchange Rate, Inflation, and interest rate, they jointly can bring effect which amounted to 77.6% on economic growth whereas the remaining 22.4% is the influenced by other variables which not observed in this study. Keywords: tax amnesty, exchange rates, inflation, SBI and economic growth

  16. Understanding Chemical Equilibrium Using Entropy Analysis: The Relationship between [delta]S[subscript tot](sys[superscript o]) and the Equilibrium Constant

    Science.gov (United States)

    Bindel, Thomas H.

    2010-01-01

    Entropy analyses as a function of the extent of reaction are presented for a number of physicochemical processes, including vaporization of a liquid, dimerization of nitrogen dioxide, and the autoionization of water. Graphs of the total entropy change versus the extent of reaction give a visual representation of chemical equilibrium and the second…

  17. Consistent economic cross-sectoral climate change impact scenario analysis: Method and application to Austria

    Directory of Open Access Journals (Sweden)

    Karl W. Steininger

    2016-03-01

    Full Text Available Climate change triggers manifold impacts at the national to local level, which in turn have various economy-wide implications (e.g. on welfare, employment, or tax revenues. In its response, society needs to prioritize which of these impacts to address and what share of resources to spend on each respective adaptation. A prerequisite to achieving that end is an economic impact analysis that is consistent across sectors and acknowledges intersectoral and economy-wide feedback effects. Traditional Integrated Assessment Models (IAMs are usually operating at a level too aggregated for this end, while bottom-up impact models most often are not fully comprehensive, focusing on only a subset of climate sensitive sectors and/or a subset of climate change impact chains. Thus, we develop here an approach which applies climate and socioeconomic scenario analysis, harmonized economic costing, and sector explicit bandwidth analysis in a coupled framework of eleven (biophysical impact assessment models and a uniform multi-sectoral computable general equilibrium model. In applying this approach to the alpine country of Austria, we find that macroeconomic feedbacks can magnify sectoral climate damages up to fourfold, or that by mid-century costs of climate change clearly outweigh benefits, with net costs rising two- to fourfold above current damage cost levels. The resulting specific impact information – differentiated by climate and economic drivers – can support sector-specific adaptation as well as adaptive capacity building. Keywords: climate impact, local impact, economic evaluation, adaptation

  18. Impact of a carbon tax on the Chilean economy: A computable general equilibrium analysis

    International Nuclear Information System (INIS)

    García Benavente, José Miguel

    2016-01-01

    In 2009, the government of Chile announced their official commitment to reduce national greenhouse gas emissions by 20% below a business-as-usual projection by 2020. Due to the fact that an effective way to reduce emissions is to implement a national carbon tax, the goal of this article is to quantify the value of a carbon tax that will allow the achievement of the emission reduction target and to assess its impact on the economy. The approach used in this work is to compare the economy before and after the implementation of the carbon tax by creating a static computable general equilibrium model of the Chilean economy. The model developed here disaggregates the economy in 23 industries and 23 commodities, and it uses four consumer agents (households, government, investment, and the rest of the world). By setting specific production and consumptions functions, the model can assess the variation in commodity prices, industrial production, and agent consumption, allowing a cross-sectoral analysis of the impact of the carbon tax. The benchmark of the economy, upon which the analysis is based, came from a social accounting matrix specially constructed for this model, based on the year 2010. The carbon tax was modeled as an ad valorem tax under two scenarios: tax on emissions from fossil fuels burned only by producers and tax on emissions from fossil fuels burned by producers and households. The abatement cost curve has shown that it is more cost-effective to tax only producers, rather than to tax both producers and households. This is due to the fact that when compared to the emission level observed in 2010, a 20% emission reduction will cause a loss in GDP of 2% and 2.3% respectively. Under the two scenarios, the tax value that could lead to that emission reduction is around 26 US dollars per ton of CO_2-equivalent. The most affected productive sectors are oil refinery, transport, and electricity — having a contraction between 7% and 9%. Analyzing the electricity

  19. Economic analysis of wood energy valorization

    International Nuclear Information System (INIS)

    Fries, Juliana.

    1988-01-01

    Companies linked to the lumber activities began to concern about the valorization of their industrial residues: either by creating new products or by utilizing them for energy generation. At the same time, companies from other sectors began investing in reforestations dedicated to energy generation (mainly eucalyptus), induced by the possibility of obtaining tax incentives and by the need of assuring their own provisions of wood, thus minimizing this raw-material, as well as its sensibility to the variation of its price in the market. However almost nothing have been researched, either about the economical feasibility of energetic valorization of the lumber in the form of industrial residues or as wood supplied by reforestation dedicated to energy generation. This dissertation propose to examine those cases analysing the concerned costs and their economical feasibility. (author). 20 refs., 19 figs., 32 tabs

  20. Economic Analysis of Social Common Capital

    Science.gov (United States)

    Uzawa, Hirofumi

    2005-06-01

    Social common capital provides members of society with those services and institutional arrangements that are crucial in maintaining human and cultural life. The term æsocial common capital' is comprised of three categories: natural capital, social infrastructure, and institutional capital. Natural capital consists of all natural environment and natural resources including the earth's atmosphere. Social infrastructure consists of roads, bridges, public transportation systems, electricity, and other public utilities. Institutional capital includes hospitals, educational institutions, judicial and police systems, public administrative services, financial and monetary institutions, and cultural capital. This book attempts to modify and extend the theoretical premises of orthodox economic theory to make them broad enough to analyze the economic implications of social common capital. It further aims to find the institutional arrangements and policy measures that will bring about the optimal state of affairs.

  1. Analysis of equilibrium about bidding strategy of suppliers with future contracts

    International Nuclear Information System (INIS)

    Yuan, Zhiqiang; Liu, Dong; Jiang, Chuanwen

    2007-01-01

    In this paper, the supply function model is employed to simulate the bidding strategy of suppliers in the power pool, and models of the supply function with future contracts are presented. It is proved that only one of the parameters between slope and intercept of the bidding curve is an independent variable in order to achieve definite equilibrium. In the meantime, the equilibria of the bidding strategy about suppliers are studied when different intercepts of the bidding curve are chosen. Some examples are employed to study the Nash equilibrium strategies of suppliers with different future contracts in various bidding strategy models. The results show that the equilibria are different in different bidding strategy models, but the future contracts can effectively make spot prices decrease in all the models

  2. Analysis of kinematically redundant reaching movements using the equilibrium-point hypothesis.

    Science.gov (United States)

    Cesari, P; Shiratori, T; Olivato, P; Duarte, M

    2001-03-01

    Six subjects performed a planar reaching arm movement to a target while unpredictable perturbations were applied to the endpoint; the perturbations consisted of pulling springs having different stiffness. Two conditions were applied; in the first, subjects had to reach for the target despite the perturbation, in the second condition, the subjects were asked to not correct the motion as a perturbation was applied. We analyzed the kinematics profiles of the three arm segments and, by means of inverse dynamics, calculated the joint torques. The framework of the equilibrium-point (EP) hypothesis, the lambda model, allowed the reconstruction of the control variables, the "equilibrium trajectories", in the "do not correct" condition for the wrist and the elbow joints as well as for the end point final position, while for the other condition, the reconstruction was less reliable. The findings support and extend to a multiple-joint planar movement, the paradigm of the EP hypothesis along with the "do not correct" instruction.

  3. Comparative economic analysis: Anaerobic digester case study

    International Nuclear Information System (INIS)

    Lusk, P.D.

    1991-01-01

    An economic guide is developed to assess the value of anaerobic digesters used on dairy farms. Two varieties of anaerobic digesters, a conventional mixed-tank mesophilic and an innovative earthen psychrophilic, are comparatively evaluated using a cost-effectiveness index. The two case study examples are also evaluated using three other investment merit statistics: simple payback period, net present value, and internal rate of return. Life-cycle savings are estimated for both varieties, with sensitivities considered for investment risk. The conclusion is that an earthen psychrophilic digester can have a significant economic advantage over a mixed-tank mesophilic digester because of lower capital cost and reduced operation and maintenance expenses. Because of this economic advantage, additional projects are being conducted in North Carolina to increase the rate of biogas utilization. The initial step includes using biogas for milk cooling at the dairy farm where the existing psychrophilic digester is located. Further, a new project is being initiated for electricity production with thermal reclaim at a swine operation

  4. Reforming the Canadian Sales Tax System: A Regional General Equilibrium Analysis

    OpenAIRE

    CHUN-YAN KUO; BOB HAMILTON

    1991-01-01

    The paper develops a regional general equilibrium model of the Canadian economy to analyze the sectoral and regional impacts of the major changes to the Canadian sales tax system. The results indicate that replacing the federal sales tax with the goods and service tax increases real output in Canada in the long run by 1.4 percent. If the provincial sales taxes are also integrated, real output increases by a further 0.8 percent.

  5. Impacts of climate change for Swiss winter and summer tourism: a general equilibrium analysis

    OpenAIRE

    Thurm, Boris; Vielle, Marc; Vöhringer, Frank

    2017-01-01

    Tourism could be greatly affected by climate change due to its strong dependence on weather. In Switzerland, the sector represents an appreciable share of the economy. Thus, studying climate effects on tourism is necessary for developing adequate adaptation strategies. While most of the studies focused on winter tourism, we investigate the climate change impacts on both winter and summer tourism in Switzerland. Using a computable general equilibrium (CGE) model, we simulate the impacts of tem...

  6. Domestic Environmental Policy and International Factor Mobility: A General Equilibrium Analysis

    OpenAIRE

    Stefan Felder; Reto Schleiniger

    1995-01-01

    This paper studies the conditions under which a green tax reform not only benefits the environment but also enhances the efficiency of the tax system. The focus is on the consequences of international factor mobility for the scope of a double dividend. The investigation of the double-dividend claim is based on a general equilibrium model of a stylised small open economy. The simulations of equal-yield tax reform scenarios indicate that an environmental tax on consumption yields a double divid...

  7. Cotton Trade Liberalizations and Domestic Agricultural Policy Reforms: A Partial Equilibrium Analysis

    OpenAIRE

    Pan, Suwen; Fadiga, Mohamadou L.; Mohanty, Samarendu; Welch, Mark

    2006-01-01

    This paper analyzed the effects of trade liberalizing reforms in the world cotton market using a partial equilibrium model. The simulation results indicated that a removal of domestic subsidies and border tariffs for cotton would increase the amount of world cotton trade by an average of 4% in the next five years and world cotton prices by an average of 12% over the same time horizon. The findings indicated that under the liberalization policy, the United States would lose part of its export ...

  8. Analysis of plasma equilibrium based on orbit-driven current density profile in steady-state plasma on QUEST

    Energy Technology Data Exchange (ETDEWEB)

    Nakamura, K., E-mail: nakamura@triam.kyushu-u.ac.jp [RIAM, Kyushu University, Kasuga 816-8580 (Japan); Alam, M.M. [IGSES, Kyushu University, Kasuga 816-8580 (Japan); Jiang, Y.Z. [Tsinghua University, Beijing 100084 (China); Mitarai, O. [Tokai University, Kumamoto 862-8652 (Japan); Kurihara, K.; Kawamata, Y.; Sueoka, M.; Takechi, M. [Japan Atomic Energy Agency, Naka 311-0193 (Japan); Hasegawa, M.; Tokunaga, K.; Araki, K.; Zushi, H.; Hanada, K.; Fujisawa, A.; Idei, H.; Nagashima, Y.; Kawasaki, S.; Nakashima, H.; Higashijima, A.; Nagata, T. [RIAM, Kyushu University, Kasuga 816-8580 (Japan); and others

    2016-11-01

    Highlights: • High energy particle guiding center orbit is calculated as a contour plot of conserved variable. • Current density profile is analyzed based on the orbit-driven current. • Plasma equilibrium is reconstructed by considering the hollow current profile. - Abstract: In the present RF-driven (ECCD) steady-state plasma on QUEST (B{sub t} = 0.25 T, R = 0.68 m, a = 0.40 m), plasma current seems to flow in the open magnetic surface outside of the closed magnetic surface in the low-field region according to plasma current fitting (PCF) method. We consider that the current in the open magnetic surface is due to orbit-driven current by high-energy particles in RF-driven plasma. So based on the analysis of current density profile based on the orbit-driven current, plasma equilibrium is to be calculated. We calculated high energy particles guiding center orbits as a contour plot of conserved variable in Hamiltonian formulation and considered particles initial position with different levels of energy and pitch angles that satisfy resonance condition. Then the profile of orbit-driven current is estimated by multiplying the particle density on the resonance surface and the velocity on the orbits. This analysis shows negative current near the magnetic axis and hollow current profile is expected even if pressure driven current is considered. Considering the hollow current profile shifted toward the low-field region, the equilibrium is fitted by J-EFIT coded by MATLAB.

  9. Fundamental principles of conducting a surgery economic analysis study.

    Science.gov (United States)

    Kotsis, Sandra V; Chung, Kevin C

    2010-02-01

    The use of economic evaluation in surgery is scarce. Economic evaluation is used even less so in plastic surgery, in which health-related quality of life is of particular importance. This article, part of a tutorial series on evidence-based medicine, focuses on the fundamental principles of conducting a surgery economic analysis. The authors include the essential aspects of conducting a surgical cost-utility analysis by considering perspectives, costs, outcomes, and utilities. The authors also describe and give examples of how to conduct the analyses (including calculating quality-adjusted life-years and discounting), how to interpret the results, and how to report the results. Although economic analyses are not simple to conduct, a well-conducted one provides many rewards, such as recommending the adoption of a more effective treatment. For comparing and interpreting economic analysis publications, it is important that all studies use consistent methodology and report the results in a similar manner.

  10. Oil prices, nuclear energy consumption, and economic growth: New evidence using a heterogeneous panel analysis

    International Nuclear Information System (INIS)

    Lee, Chien-Chiang; Chiu, Yi-Bin

    2011-01-01

    This paper applies panel data analysis to examine the short-run dynamics and long-run equilibrium relationships among nuclear energy consumption, oil prices, oil consumption, and economic growth for developed countries covering the period 1971-2006. The panel cointegration results show that in the long run, oil prices have a positive impact on nuclear energy consumption, suggesting the existence of the substitution relationship between nuclear energy and oil. The long-run elasticity of nuclear energy with respect to real income is approximately 0.89, and real income has a greater impact on nuclear energy than do oil prices in the long run. Furthermore, the panel causality results find evidence of unidirectional causality running from oil prices and economic growth to nuclear energy consumption in the long run, while there is no causality between nuclear energy consumption and economic growth in the short run. - Research highlights: → We examine the relationship among nuclear energy consumption, oil prices, oil consumption, and economic growth for developed countries. → The existence of the substitution relationship between nuclear energy and oil. → Real income has a greater impact on nuclear energy than do oil prices in the long run. → An unidirectional causality running from oil prices and economic growth to nuclear energy consumption in the long run.

  11. An economic analysis code used for PWR fuel cycle

    International Nuclear Information System (INIS)

    Liu Dingqin

    1989-01-01

    An economic analysis code used for PWR fuel cycle is developed. This economic code includes 12 subroutines representing vavious processes for entire PWR fuel cycle, and indicates the influence of the fuel cost on the cost of the electricity generation and the influence of individual process on the sensitivity of the fuel cycle cost

  12. Methods of economic analysis applied to fusion research. Final report

    International Nuclear Information System (INIS)

    1983-01-01

    In this and previous efforts ECON has provided economic assessment of a fusion research program. This phase of study focused on two tasks, the first concerned with the economics of fusion in an economy that relies heavily upon synthetic fuels, and the second concerned with the overall economic effects of pursuing soft energy technologies instead of hard technologies. This report is organized in two parts, the first entitled An Economic Analysis of Coproduction of Fusion-Electric Energy and Other Products, and the second entitled Arguments Associated with the Choice of Potential Energy Futures

  13. Economic data used in working group 5 analysis

    International Nuclear Information System (INIS)

    Haffner, D.R.; Parker, M.B.

    1979-03-01

    This paper presents the economic data used in the detailed economic analysis carried out in the U.S. paper WG-40 and is also used to arrive at the economics conclusions in U.S. papers WG 5A-19 and WG 5A-22. The data base includes reactor characteristics for the standard, 15 percent improved and 30 percent improved LWR plus the FBR system characteristics, fuel cost data, reactor plant capital cost data, and economic data (debt rate, equity rate, fixed charge rate, etc.)

  14. Military construction program economic analysis manual: Sample economic analyses: 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

  15. Electricity consumption and economic growth in the GCC countries: Panel data analysis

    International Nuclear Information System (INIS)

    Osman, Mohamed; Gachino, Geoffrey; Hoque, Ariful

    2016-01-01

    Applying recent advances in panel data analysis, we investigate the relationship between electricity consumption and economic growth in the GCC countries using annual data from 1975 to 2012. Within a framework which takes into consideration dynamics, heterogeneity and cross-sectional dependence in the panel, we show that the results obtained from using the PMGE, demeaned PMG, AMG, MGE and DFE models indicate a long-run equilibrium relationship between electricity consumption and economic growth. In order to determine the appropriate model and decide the preferred estimator, the Hausman test was performed. The PMGE model emerged as the most efficient of the three estimators. Also, the results obtained revealed a bi-directional causality between economic growth and electricity consumption in these countries, which supports the feedback hypothesis. As a result, this implies that if these countries adopt or implement any energy or electricity conservation policies, this may have a negative impact on its economic growth. - Highlights: • The relationship between electricity consumption and GDP is explored. • Panel data econometric analysis is used to obtain the results. • Bidirectional causality between these variables is observed. • The results support the feedback hypothesis in the GCC countries.

  16. ANALYSIS OF ECONOMIC EFFICIENCY IN BROILERS FATTENING

    Directory of Open Access Journals (Sweden)

    L. SABAU

    2009-05-01

    Full Text Available The paper aimed to analyze economic efficiency in broilers fattening . In this purpose , the study was carried out at Breading Prod Commercial Company, Giarmata, Timis County . The economic and financial results of two series of broilers fattening have been comparatively analyzed based on the following specific indicators variable costs ( one day chicken supply , medicines, disinfectants , veterinary services , straw bed, feeding, fuels, electricity , watering , labor force , fixed costs ( rent, interest, fixed assets depreciation , communication and other taxes , total production costs , cost per marketed broiler, cost per square meter , cost per kg live weight , gross margin , incomes ( incomes coming from marketed broilers and subsidies , profit, profit rate , profit per marketed broiler, profit per square meter, profit per kg live weight , costs to 1,000 incomes and incomes to 1,000 costs. This comparison proved that the higher the chickens series size , the higher costs and incomes . The both fatenning series have profitable but the series S2 registered lower financial performances .

  17. Basis of economic analysis of Czech firms

    Directory of Open Access Journals (Sweden)

    Gabriela Chmelíková

    2010-01-01

    Full Text Available When looking for connections between particular business’s activities, theory of financial management uses pyramidal system of indicators. The effectiveness of this tool is based on the appropriate choice of the top indicator. Its decomposition enables to manage firm’s processes from the bottommost organizational levels to the main firm’s mission with respect to the connections between par­ti­cu­lar processes. The aim of this paper was to identify appropriate indicator, which corresponds with creation of firm’s value and design its decomposition. To measure creation of firm’s value it is nowadays very popular to use indicator Economic Value Added (EVA. Though from the theoretical point of view EVA is seen as a superior performance metric, the results of some empirical studies do not support this claim. That is why the information content of EVA was controlled in the concrete conditions of Czech Economy within this article. The results showed eligibility of using EVA in Czech firms and enabled to choose it as the top indicator in the pyramidal system. Ambition of further research is to design a complex of indicators offering a comprehensive economic view on the firm’s per­for­man­ce.

  18. Scrutinizing The Epistemology of Islamic Economics: A Historical Analysis

    Directory of Open Access Journals (Sweden)

    Nurizal Ismail

    2016-05-01

    Full Text Available The first International Conference on Islamic Economics was held in Makkah, in 1976. Economists, jurists and scholars met together to discuss issues of Muslim ummah. However, there was many books written related to Islamic economics in the history of Islamic civilization, especially in the period of Abbasid caliphate. The fact, development of knowledge in Islamic medieval had established the epistemology of Islamic economics itself. Moreover, the epistemology is a study of the theory of knowledge, the source of knowledge, the application of knowledge and limitation of knowledge. Therefore, this paper aims to explore the contribution of earlier Muslim thinkers to the source of Islamic economics and to identify the epistemology of Islamic economics as proposed by the Muslim thinkers in medieval period. As a result, this paper will propose the epistemology of Islamic economics by integrating Islamic heritage and modern economics that is not conflict with Islamic principles and values. To achieve its objectives; this study employs qualitative research by applying content and descriptive analysis. The finding of this study is that the earlier Muslim thinkers have contributed to the construction of epistemology in Islamic economics. Then, to construct the genuine of Islamic economics, tawhid must be put as a core of Islamic economic epistemology that directs the sources of knowledge which are rooted firstly from revealed and then rational knowledge by using appropriate methods.

  19. Statistical analysis of the equilibrium configurations of the W7-X stellarator using function parameterization

    International Nuclear Information System (INIS)

    Mc Carthy, P.J.; Sengupta, A.; Geiger, J.; Werner, A.

    2005-01-01

    The W7-X stellarator, under construction at IPP-Greifswald, is being designed to demonstrate the steady state capability of fusion devices. Due to the pulse length involved, real time monitoring and control of the discharges is a crucial issue in steady state operations. For W7-X, we have planned a sequence of in-depth analyses of the magnetic configurations which, ultimately, will lead to a proper understanding of plasma equilibrium, stability and transport. It should also provide insight into the parameterization of the various plasma-related quantities which is important from the point of view of real time study. The first step in our sequence of analyses involved a study of the vacuum configuration, including the detectable magnetic islands, of W7-X. We now proceed to the scenario at finite beta considering full magnetohydrodynamic (MHD) equilibria based on vmec2000 calculations. A database of order 10000 equilibria was calculated on the same parameter space for the coil current ratios. The parameters which were varied randomly and independently consist of the external coil current ratios (6), the parameters of the profiles (as functions of normalised toroidal flux) of plasma pressure and toroidal current (4+4) and the plasma size (a eff ) which is required to vary the plasma volume. A statistical analysis, using Function Parametrization (FP), was performed on a sample of well-converged equilibria. The plasma parameters were varied to allow a good FP for the expected values in W7-X, i.e. volume-averaged up to 5% and toroidal net-current of up to ±50 kA for a mean field strength of about 2 T throughout the database. The profiles were chosen as a sequence of polynomials with the property that the addition of a higher order polynomial would not change the lower order volume-averaged moments of the resulting profile. The aim of this was to try to avoid cross correlations in the independent input parameters for the database generation. However, some restrictions

  20. Normal left ventricular emptying in coronary artery disease at rest: analysis by radiographic and equilibrium radionuclide ventriculography

    International Nuclear Information System (INIS)

    Denenberg, B.S.; Makler, P.T.; Bove, A.A.; Spann, J.F.

    1981-01-01

    The volume ejected early in systole has been proposed as an indicator of abnormal left ventricular function that is present at rest in patients with coronary artery disease with a normal ejection fraction and normal wall motion. The volume ejected in systole was examined by calculating the percent change in ventricular volume using both computer-assisted analysis of biplane radiographic ventriculograms at 60 frames/s and equilibrium gated radionuclide ventriculograms. Ventricular emptying was examined with radiographic ventriculography in 33 normal patients and 23 patients with coronary artery disease and normal ejection fraction. Eight normal subjects and six patients with coronary artery disease had both radiographic ventriculography and equilibrium gated radionuclide ventriculography. In all patients, there was excellent correlation between the radiographic and radionuclide ventricular emptying curves (r . 0.971). There were no difference in the ventricular emptying curves of normal subjects and patients with coronary artery disease whether volumes were measured by radiographic or equilibrium gated radionuclide ventriculography. It is concluded that the resting ventricular emptying curves are identical in normal subjects and patients with coronary artery disease who have a normal ejection fraction and normal wall motion

  1. An economic analysis methodology for project evaluation and programming.

    Science.gov (United States)

    2013-08-01

    Economic analysis is a critical component of a comprehensive project or program evaluation methodology that considers all key : quantitative and qualitative impacts of highway investments. It allows highway agencies to identify, quantify, and value t...

  2. Economic Analysis of Production of Essential Oil using Steam ...

    African Journals Online (AJOL)

    acer

    Economic Analysis of Production of Essential Oil using. Steam Distillation ... The return on investment (ROI) was 125%, internal rate of return ... oils, over dependency on petrodollar and ... The steam may be obtained from external boiler or.

  3. Refurbishment of Railroad Crossties : A Technical and Economic Analysis

    Science.gov (United States)

    1977-12-01

    An analysis of the principal modes of failure for wooden railroad crossties was conducted and an evaluation of the technical and economic feasibility of refurbishing these ties was conducted. Among the principal modes of structural deterioration, onl...

  4. The Scrap Tire Problem: A Preliminary Economic Analysis (1985)

    Science.gov (United States)

    The purpose of the study was to conduct a preliminary economic analysis of the social benefits of EPA action to require more appropriate disposal of scrap tires versus the social costs of such an action.

  5. Economic analysis of locust bean processing and marketing in Iwo ...

    African Journals Online (AJOL)

    Economic analysis of locust bean processing and marketing in Iwo local government, Osun state. ... Majority (78.3%) of the processors and marketers were making profit; 95.0% operate ... EMAIL FREE FULL TEXT EMAIL FREE FULL TEXT

  6. Economic Analysis Of Sesame Marketing In Jigawa State | Kudi ...

    African Journals Online (AJOL)

    Economic Analysis Of Sesame Marketing In Jigawa State. ... The paper examines the marketing channel, structure, conduct, performance and marketing margin and efficiency of sesame. A sample of ... EMAIL FULL TEXT EMAIL FULL TEXT

  7. Economic Analysis Of Yam Marketing In Obubra Local Government ...

    African Journals Online (AJOL)

    Economic Analysis Of Yam Marketing In Obubra Local Government Area Of Cross River State, Nigeria. ... Characteristics of the sellers, marketing channels, marketing margin and efficiency were also ... EMAIL FULL TEXT EMAIL FULL TEXT

  8. Computing Equilibrium Chemical Compositions

    Science.gov (United States)

    Mcbride, Bonnie J.; Gordon, Sanford

    1995-01-01

    Chemical Equilibrium With Transport Properties, 1993 (CET93) computer program provides data on chemical-equilibrium compositions. Aids calculation of thermodynamic properties of chemical systems. Information essential in design and analysis of such equipment as compressors, turbines, nozzles, engines, shock tubes, heat exchangers, and chemical-processing equipment. CET93/PC is version of CET93 specifically designed to run within 640K memory limit of MS-DOS operating system. CET93/PC written in FORTRAN.

  9. ECONOMIC AND FINANCIAL ANALYSIS OF THE BUILDINGS REHABILITATION SOLUTIONS

    Directory of Open Access Journals (Sweden)

    STAN IVAN F.E.

    2016-07-01

    Full Text Available The paper includes a simplified economical and financial analysis of the buildings rehabilitation solutions, for heating and lighting. The most important economic and financial indicators analyzed and determined are: economic return on investment and payback period of investment in dynamic form, net present value, and internal rate of return economic residual value of the investment on thermal insulation, building maintenance costs, energy costs. In order to reduce the electricity consumption: the methods consisted in replacing inefficient lighting with some efficient energy and for heat consumption: the proposed solution was building rehabilitation (exterior wall insulation, floor insulation board. The analysis consists in determining the economical and financial indicators before and after the building rehabilitation. The 3 rooms apartment is located in Craiova town, (wind zone IV, 2nd floor, orientation is S.

  10. Development of a Chemical Equilibrium Model for a Molten Core-Concrete Interaction Analysis Module

    Energy Technology Data Exchange (ETDEWEB)

    Seo, Jae Uk; Lee, Dae Young; Park, Chang Hwan [FNC Technology Co., Yongin (Korea, Republic of)

    2016-10-15

    This molten core could interact with the reactor cavity region which consists of concrete. In this process, components of molten core react with components of concrete through a lot of chemical reactions. As a result, many kinds of gas species are generated and those move up forming rising bubbles into the reactor containment atmosphere. These rising bubbles are the carrier of the many kinds of the aerosols coming from the MCCI (Molten Core Concrete Interaction) layers. To evaluate the amount of the aerosols released from the MCCI layers, the amount of the gas species generated from those layers should be calculated. The chemical equilibrium state originally implies the final state of the multiple chemical reactions; therefore, investigating the equilibrium composition of molten core can be applicable to predict the gas generation status. The most common way for finding the chemical equilibrium state is a minimization of total Gibbs free energy of the system. In this paper, the method to make good guess of initial state is suggested and chemical reaction results are compared with results of CSSI report No 164. Total mass of system and the number of atoms of each element are conserved. The tendency of calculation results is similar with results presented in CSNI Report except a few species. These differences may be caused by absence of Gibbs energy data of the species such as Fe{sub 2}SiO{sub 4}, CaFe{sub 2}O{sub 4}, U(OH){sub 3}, UO(OH), UO{sub 2}(OH), U{sub 3}O{sub 7}, La, Ce.

  11. Economic analysis of extended cycles in the Laguna Verde nuclear power plant

    International Nuclear Information System (INIS)

    Hernandez N, H.; Hernandez M, J.L.; Francois L, J.L.

    2004-01-01

    The present work presents a preliminary analysis of economic type of extended cycles of operation of the Unit One in the Laguna Verde nuclear power plant. It is analysed an equilibrium cycle of 18 months firstly, with base to the Plan of Use of Energy of the Federal Commission of Electricity, being evaluated the cost of the energy until the end of the useful life of the plant. Later on an alternative recharge scenario is presented with base to an equilibrium cycle of 24 months, implemented to the beginning of the cycle 11, without considering transition cycles. It is added in both cycles the cost of the substitution energy, considering the unitary cost of the fuel of a dual thermoelectric power station of 350 M We and evaluating in each operation cycle, in both scenarios, the value of the substitution energy. The results show that a reduction of the days of recharge in the cycle of 24 months could make this option but favorable economically. The duration of the period of recharge rebounds in considerable grade in the cost of energy generation for concept of fuel. (Author)

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

    Science.gov (United States)

    1986-06-01

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

  13. Disk in a groove with friction: An analysis of static equilibrium and indeterminacy

    Science.gov (United States)

    Donolato, Cesare

    2018-05-01

    This note studies the statics of a rigid disk placed in a V-shaped groove with frictional walls and subjected to gravity and a torque. The two-dimensional equilibrium problem is formulated in terms of the angles that contact forces form with the normal to the walls. This approach leads to a single trigonometric equation in two variables whose domain is determined by Coulomb's law of friction. The properties of solutions (existence, uniqueness, or indeterminacy) as functions of groove angle, friction coefficient and applied torque are derived by a simple geometric representation. The results modify some of the conclusions by other authors on the same problem.

  14. Theory of stellar atmospheres an introduction to astrophysical non-equilibrium quantitative spectroscopic analysis

    CERN Document Server

    Hubeny, Ivan

    2015-01-01

    This book provides an in-depth and self-contained treatment of the latest advances achieved in quantitative spectroscopic analyses of the observable outer layers of stars and similar objects. Written by two leading researchers in the field, it presents a comprehensive account of both the physical foundations and numerical methods of such analyses. The book is ideal for astronomers who want to acquire deeper insight into the physical foundations of the theory of stellar atmospheres, or who want to learn about modern computational techniques for treating radiative transfer in non-equilibrium situations. It can also serve as a rigorous yet accessible introduction to the discipline for graduate students.

  15. Equilibrium state analysis of a nonneutral plasma under a uniform magnetic field

    International Nuclear Information System (INIS)

    Fernandez, J.E.; Molinari, V.G.; Sumini, M.A.

    1990-01-01

    By recourse to the Boltzmann H-theorem, the existence of a thermodynamic equilibrium state has been proved for a nonneutral plasma under an external magnetic field. The equation describing the density profile of ions or electrons has been found. The density equation has been numerically solved for a generic magnetic field and plasma frequency, giving a parametric limit for the confinement region. An appropriate change of variable allows to approximate the density equation whose analytical solution has been found. The approximated density closely fits the numerical solution of the original equation. (Author)

  16. Standardization: using comparative maintenance costs in an economic analysis

    OpenAIRE

    Clark, Roger Nelson

    1987-01-01

    Approved for public release; distribution is unlimited This thesis investigates the use of comparative maintenance costs of functionally interchangeable equipments in similar U.S. Navy shipboard applications in an economic analysis of standardization. The economics of standardization, life-cycle costing, and the Navy 3-M System are discussed in general. An analysis of 3-M System maintenance costs for a selected equipment, diesel engines, is conducted. The potential use of comparative ma...

  17. The different modes of hydro-economic analysis (Invited)

    Science.gov (United States)

    Harou, J. J.; Binions, O.; Erfani, T.

    2013-12-01

    In the face of growing water demands, climate change and spatial and temporal water access variability, accurately assessing the economic impacts of proposed water resource management changes is useful. The objective of this project funded by UK Water Industry Research was to present and demonstrate a framework for identifying and using the ';value of water' to enable water utilities and their regulators to make better decisions. A hydro-economic model can help evaluate water management options in terms of their hydrological and economic impact at different locations throughout a catchment over time. In this talk we discuss three modes in which hydro-economic models can be implemented: evaluative, behavioral and prescriptive. In evaluation mode economic water demand and benefit functions are used to post-process water resource management model results to assess the economic impacts (over space and time) of a policy under consideration. In behavioral hydro-economic models users are represented as agents and the economics is used to help predict their actions. In prescriptive mode optimization is used to find the most economically efficient management actions such as allocation patterns or source selection. These three types of hydro-economic analysis are demonstrated on a UK watershed (Great River Ouse) that includes 97 different water abstractors from amongst the public water supply, agriculture, industry and energy plant cooling sectors. The following issues under dry and normal historical conditions were investigated: Supply/demand investment planning, societal cost of environmental flows, water market prices, and scarcity-sensitive charges for water rights. The talk discusses which hydro-economic modeling mode is used to study each of these issues and why; example results are shown and discussed. The topic of how hydro-economic models can be built and deployed effectively is covered along with how existing water utility operational and planning tools can be

  18. An economic analysis of migration in Mexico.

    Science.gov (United States)

    Greenwood, M J; Ladman, J R

    1978-07-01

    This paper analyzes internal migration in Mexico over the 1960-70 period. A model of the determinants of migration is specified and estimated for aggregated interstate migration flows. Results show that distance serves as a significant deterrent to migration, that higher destination earning levels are attractive to migrants, and that regions with high unemployment rates experience lower rates of inmigration. An unanticipated finding is that regions with higher earning levels have greater rates of outmigration. The data are disaggregated to examine separate migration relationships for each state. The results are that distance is a lesser deterrent for those migrants with more accessible alternatives, that higher earning levels reduce the deterring effects of distance, and that regions with higher earning levels have lower associated elasticities of migration. It is concluded that economic factors have played a crucial role in internal migration and thus in the changing occupational and geographic structure of the Mexican labor force.

  19. Local equilibrium

    Energy Technology Data Exchange (ETDEWEB)

    Anon.

    1984-12-15

    From 3-6 September the First International Workshop on Local Equilibrium in Strong Interaction Physics took place in Bad-Honnef at the Physics Centre of the German Physical Society. A number of talks covered the experimental and theoretical investigation of the 'hotspots' effect, both in high energy particle physics and in intermediate energy nuclear physics.

  20. Equilibrium Dialysis

    African Journals Online (AJOL)

    context of antimicrobial therapy in malnutrition. Dialysis has in the past presented technical problems, being complicated and time-consuming. A new dialysis system based on the equilibrium technique has now become available, and it is the principles and practical application of this apparatus (Kontron Diapack; Kontron.

  1. Strategic Equilibrium

    NARCIS (Netherlands)

    van Damme, E.E.C.

    2000-01-01

    An outcome in a noncooperative game is said to be self-enforcing, or a strategic equilibrium, if, whenever it is recommended to the players, no player has an incentive to deviate from it.This paper gives an overview of the concepts that have been proposed as formalizations of this requirement and of

  2. Maximin equilibrium

    NARCIS (Netherlands)

    Ismail, M.S.

    2014-01-01

    We introduce a new concept which extends von Neumann and Morgenstern's maximin strategy solution by incorporating `individual rationality' of the players. Maximin equilibrium, extending Nash's value approach, is based on the evaluation of the strategic uncertainty of the whole game. We show that

  3. A Comparative Analysis of Some Policy Options to Reduce Rationing in the UK’s NHS: Lessons from a General Equilibrium Model Incorporating Positive Health Effects

    NARCIS (Netherlands)

    Rutten, M.M.; Reed, G.

    2009-01-01

    This paper seeks to determine the macro-economic impacts of changes in health care provision. The resource allocation issues have been explored in theory, by applying the Rybczynski theorem, and empirically, using a computable general equilibrium (CGE) model for the UK with a detailed health

  4. SINGULAR SPECTRUM ANALYSIS: METHODOLOGY AND APPLICATION TO ECONOMICS DATA

    Institute of Scientific and Technical Information of China (English)

    Hossein HASSANI; Anatoly ZHIGLJAVSKY

    2009-01-01

    This paper describes the methodology of singular spectrum analysis (SSA) and demonstrate that it is a powerful method of time series analysis and forecasting, particulary for economic time series. The authors consider the application of SSA to the analysis and forecasting of the Iranian national accounts data as provided by the Central Bank of the Islamic Republic of lran.

  5. Equilibrium sorption of cobalt, cesium, and strontium on Bandelier Tuff: analysis of alternative mathematical modeling

    International Nuclear Information System (INIS)

    Polzer, W.L.; Fuentes, H.R.; Essington, E.H.; Roensch, F.R.

    1985-01-01

    Sorption isotherms are derived from batch equilibrium data for cobalt, cesium and strontium on Bandelier Tuff. Experiments were conducted at an average temperature of 23 0 C and equilibrium was defined at 48 hours. The solute concentrations ranged from 0 to 500 mg/L. The radioactive isotopes 60 Co, 137 Cs, and 85 Sr were used to trace the sorption of the stable solutes. The Linear, Langmuir, Freundlich and a Modified Freundlich isotherm equations are evaluated. The Modified Freundlich isotherm equation is validated as a preferred general mathematical tool for representing the sorption of the three solutes. The empirical constants derived from the Modified Freundlich isotherm equation indicate that under dynamic flow conditions strontium will move most rapidly and cobalt least rapidly. On the other hand, chemical dispersion will be greatest for cesium and least for strontium. Hill Plots of the sorption data suggest that in the region of low saturation sorption of all three solutes is impeded by interactions among sorption sites; cobalt exhibits the greatest effect of interactions and strontium shows only a minimal effect. In the saturation region of 50% or more, sorption of cobalt is enhanced slightly by interactions among sorption sites whereas sorption of cesium and strontium appears to be independent of site interactions. 9 references, 4 figures, 2 tables

  6. Numerical analysis of a non equilibrium two-component two-compressible flow in porous media

    KAUST Repository

    Saad, Bilal Mohammed

    2013-09-01

    We propose and analyze a finite volume scheme to simulate a non equilibrium two components (water and hydrogen) two phase flow (liquid and gas) model. In this model, the assumption of local mass non equilibrium is ensured and thus the velocity of the mass exchange between dissolved hydrogen and hydrogen in the gas phase is supposed finite. The proposed finite volume scheme is fully implicit in time together with a phase-by-phase upwind approach in space and it is discretize the equations in their general form with gravity and capillary terms We show that the proposed scheme satisfies the maximum principle for the saturation and the concentration of the dissolved hydrogen. We establish stability results on the velocity of each phase and on the discrete gradient of the concentration. We show the convergence of a subsequence to a weak solution of the continuous equations as the size of the discretization tends to zero. At our knowledge, this is the first convergence result of finite volume scheme in the case of two component two phase compressible flow in several space dimensions.

  7. Background effects of emergencies on indicators of economic analysis of enterprise economic activity

    Directory of Open Access Journals (Sweden)

    K.Yu. Polyak

    2017-03-01

    Full Text Available The paper deals with the study of scientific works on the issue of formation and development of organizational and methodological regulations of accounting and analytical support of the economic activity of an enterprise in emergencies, which led to the conclusion about the complex character of the study of theory, methodology and economic analysis of enterprises in various sectors of national economy. The author studies the approaches to the nature and methods of economic analysis that resulted in the presentation of instructional techniques to the economic structure. In assessing the consequences of emergencies, it is necessary to determine their impact on the indices of economic analysis; so, there was the need to define areas resulting index changes as a result of emergency situations by identifying its components which may affect emergencies. After analyzing the data, it was found that the consequences of emergency situations affecting the indices of business analysis and can lead to changes in management decisions of internal and external users.

  8. Social and Economic Analysis Branch: integrating policy, social, economic, and natural science

    Science.gov (United States)

    Schuster, Rudy; Walters, Katie D.

    2015-01-01

    The Fort Collins Science Center's Social and Economic Analysis Branch provides unique capabilities in the U.S. Geological Survey by leading projects that integrate social, behavioral, economic, and natural science in the context of human–natural resource interactions. Our research provides scientific understanding and support for the management and conservation of our natural resources in support of multiple agency missions. We focus on meeting the scientific needs of the Department of the Interior natural resource management bureaus in addition to fostering partnerships with other Federal and State managers to protect, restore, and enhance our environment. The Social and Economic Analysis Branch has an interdisciplinary group of scientists whose primary functions are to conduct both theoretical and applied social science research, provide technical assistance, and offer training to support the development of skills in natural resource management activities. Management and research issues associated with human-resource interactions typically occur in a unique context and require knowledge of both natural and social sciences, along with the skill to integrate multiple science disciplines. In response to these challenging contexts, Social and Economic Analysis Branch researchers apply a wide variety of social science concepts and methods which complement our rangeland/agricultural, wildlife, ecology, and biology capabilities. The goal of the Social and Economic Analysis Branch's research is to enhance natural-resource management, agency functions, policies, and decisionmaking.

  9. The science of ecological economics: a content analysis of Ecological Economics, 1989-2004.

    Science.gov (United States)

    Luzadis, Valerie A; Castello, Leandro; Choi, Jaewon; Greenfield, Eric; Kim, Sung-kyun; Munsell, John; Nordman, Erik; Franco, Carol; Olowabi, Flavien

    2010-01-01

    The Ecological Economics journal is a primary source for inquiry on ecological economics and sustainability. To explore the scholarly pursuit of ecological economics, we conducted a content analysis of 200 randomly sampled research, survey, and methodological articles published in Ecological Economics during the 15-year period of 1989-2004. Results of the analysis were used to investigate facets of transdisciplinarity within the journal. A robust qualitative approach was used to gather and examine data to identify themes representing substantive content found within the span of sampled journal papers. The extent to which each theme was represented was counted as well as additional data, such as author discipline, year published, etc. Four main categories were revealed: (1) foundations (self-reflexive themes stemming from direct discussions about ecological economics); (2) human systems, represented by the themes of values, social indicators of well-being, intergenerational distribution, and equity; (3) biophysical systems, including themes, such as carrying capacity and scarcity, energy, and resource use, relating directly to the biophysical aspects of systems; and (4) policy and management encompassing themes of development, growth, trade, accounting, and valuation, as well as institutional structures and management. The results provide empirical evidence for discussing the future direction of ecological economic efforts.

  10. Macroeconomic impact of a mild influenza pandemic and associated policies in Thailand, South Africa and Uganda: a computable general equilibrium analysis.

    Science.gov (United States)

    Smith, Richard D; Keogh-Brown, Marcus R

    2013-11-01

    Previous research has demonstrated the value of macroeconomic analysis of the impact of influenza pandemics. However, previous modelling applications focus on high-income countries and there is a lack of evidence concerning the potential impact of an influenza pandemic on lower- and middle-income countries. To estimate the macroeconomic impact of pandemic influenza in Thailand, South Africa and Uganda with particular reference to pandemic (H1N1) 2009. A single-country whole-economy computable general equilibrium (CGE) model was set up for each of the three countries in question and used to estimate the economic impact of declines in labour attributable to morbidity, mortality and school closure. Overall GDP impacts were less than 1% of GDP for all countries and scenarios. Uganda's losses were proportionally larger than those of Thailand and South Africa. Labour-intensive sectors suffer the largest losses. The economic cost of unavoidable absence in the event of an influenza pandemic could be proportionally larger for low-income countries. The cost of mild pandemics, such as pandemic (H1N1) 2009, appears to be small, but could increase for more severe pandemics and/or pandemics with greater behavioural change and avoidable absence. © 2013 John Wiley & Sons Ltd.

  11. [Population development and economic growth. A simulation analysis for Switzerland].

    Science.gov (United States)

    Schmidt, C; Straubhaar, T

    1996-01-01

    "A simulation exercise of a general equilibrium model for Switzerland makes clear that the macroeconomic impacts of aging populations are not very strong. There is no need for urgent policy actions to avoid severe negative economic consequences....However, the aging of population affects negatively the net income of the active labor force. An increasing share of their gross salaries goes to the retirement system to finance the pension payments of a growing number of pensioners. Attempts to moderate the elderly dependency ratio would lower this burden for the active labor force. Options are an increase of the female participation rate, an increase of the labor participation rate of the elderly--[which] also means a higher retirement age--and an increasing flow of immigrants. But socioeconomic problems might probably generate practical limits on the extent to which immigration can be increased." (SUMMARY IN ENG AND FRE) excerpt

  12. TECHNICAL AND ECONOMICAL ANALYSIS OF LOGGING CONTRACTORS

    Directory of Open Access Journals (Sweden)

    Abilio Donizetti de Morais Filho

    2009-09-01

    Full Text Available The objective of this study was to describe the financial conditions of forestry contractors, concerning life quality aspects, condition of work and equipments, operational costs, and economic credit to invest in new technologies. Five companies had been analyzed, with an annual income between US$ 400,000.00 and US$ 1,720,000.00, with an average of US$ 950,000.00. The number of employees varied between 33 and 181, and the companies were classified in terms of size as: one small, two average, and two big. The main difficulties to invest in new machines were high financial taxes, more than 12% an year, and a lack of long term contracts to guarantee the payment capability. It was observed that the contractors did not consider the capital remuneration and a correct depreciation of machines, resulting in an average machine life higher than 10 years. The final conclusions were that the costs were above the paid values for the services, when computed the depreciation and capital remuneration, with negative results in the financial analyzes of three companies. Finally, the mechanization process increased the workers life quality, however, the annual income was around US$ 2,112.00 per worker, approximately 39% lower than the average Brazilian population.

  13. Economic analysis of nuclear power generation

    International Nuclear Information System (INIS)

    Song, Ki Dong; Lee, Han Myeong; Lee, Man Kee; Moon, Ki Hwan; Kim, Seung Soo; Kim, Seong Ki; Lee, Yeong Ki

    1993-12-01

    As CO 2 emission is recognized as the one of the major causes of the global worming, international CO 2 emission regulation has been of great concern and has been discussed actively on the global level. Several means of CO 2 emission regulation have been raised and have received much attention recently. CO 2 emission regulation is expected to affect the national economy as well as the national energy policy. Since the electricity sector closely interacts with CO 2 emission, environmental regulation has the possibility of implementation in this sector. Considering the enormous role played by electricity in the national economy, it is very important to study the effect of environmental regulation on the electricity sector. The main purpose of this study is to estimate the marginal cost of CO 2 emission by analyzing the effect of CO 2 emission regulation on the electricity sector in terms of capacity and generation mix. This information can be used effectively in energy policy establishment. In addition, the effect of CO 2 emission regulation on economic viability of electricity generating type is also being studied in order to contribute to the establishment of Electric System Expansion Planning in Korea

  14. DIAGNOSIS OF FINANCIAL EQUILIBRIUM

    Directory of Open Access Journals (Sweden)

    SUCIU GHEORGHE

    2013-04-01

    Full Text Available The analysis based on the balance sheet tries to identify the state of equilibrium (disequilibrium that exists in a company. The easiest way to determine the state of equilibrium is by looking at the balance sheet and at the information it offers. Because in the balance sheet there are elements that do not reflect their real value, the one established on the market, they must be readjusted, and those elements which are not related to the ordinary operating activities must be eliminated. The diagnosis of financial equilibrium takes into account 2 components: financing sources (ownership equity, loaned, temporarily attracted. An efficient financial equilibrium must respect 2 fundamental requirements: permanent sources represented by ownership equity and loans for more than 1 year should finance permanent needs, and temporary resources should finance the operating cycle.

  15. Recycling of carbon/energy taxes and the labor market. A general equilibrium analysis for the European Community

    International Nuclear Information System (INIS)

    Welsch, H.

    1996-01-01

    A quantitative assessment of a cost shift from labor to energy by means of a carbon/energy tax is provided. In the analysis a general equilibrium model for the European Community is utilized, focusing on the modelling of labor supply. The importance of the feedback from an induced increase in labor demand to wage formation is highlighted. (It is shown that the goals of C) 2 reduction and improved employment are complementary, provided that the reduction in labor costs, financed by the carbon/energy tax, is not offset by increased wage claims. Under this condition reduced CO 2 is consistent with an increase in GDP. 1 fig., 3 tabs., 17 refs

  16. MHD equilibrium methods for ITER [International Thermonuclear Experimental Reactor] PF [poloidal field] coil design and systems analysis

    International Nuclear Information System (INIS)

    Strickler, D.J.; Galambos, J.D.; Peng, Y.K.M.

    1989-03-01

    Two versions of the Fusion Engineering Design Center (FEDC) free-boundary equilibrium code designed to computer the poloidal field (PF) coil current distribution of elongated, magnetically limited tokamak plasmas are demonstrated and applied to the systems analysis of the impact of plasma elongation on the design point of the International Thermonuclear Experimental Reactor (ITER). These notes were presented at the ITER Specialists' Meeting on the PF Coil System and Operational Scenario, held at the Max Planck Institute for Plasma Physics in Garching, Federal Republic of Germany, May 24--27, 1988. 8 refs., 6 figs., 4 tabs

  17. Compatibility analysis of DUPIC fuel (part5) - DUPIC fuel cycle economics analysis

    International Nuclear Information System (INIS)

    Ko, Won Il; Choi, Hang Bok; Yang, Myung Seung

    2000-08-01

    This study examines the economics of the DUPIC fuel cycle using unit costs of fuel cycle components estimated based on conceptual designs. The fuel cycle cost (FCC) was calculated by a deterministic method in which reference values of fuel cycle components are used. The FCC was then analyzed by a Monte Carlo simulation to get the uncertainty of the FCC associated with the unit costs of the fuel cycle components. From the deterministic analysis on the one-batch equilibrium fuel cycle model, the DUPIC FCC was estimated to be 6.55-6.72 mills/kWh for proposed DUPIC fuel options, which is a little smaller than that of the once-through FCC by 0.04-0.28 mills/kWh. Considering the uncertainty (0.45-0.51 mills/kWh) of the FCC estimated by the Monte Carlo simulation method, the cost difference between the DUPIC and once-through fuel cycle is negligible. On the other hand, the material balance calculation has shown that the DUPIC fuel cycle can save natural uranium resources by -20% and reduce the spent fuel arising by -65%, compared with the once-through fuel cycle. In conclusion, the DUPIC fuel cycle possesses a strong advantage over the once-through fuel cycle from the viewpoint of the environmental effect

  18. Compatibility analysis of DUPIC fuel (part5) - DUPIC fuel cycle economics analysis

    Energy Technology Data Exchange (ETDEWEB)

    Ko, Won Il; Choi, Hang Bok; Yang, Myung Seung

    2000-08-01

    This study examines the economics of the DUPIC fuel cycle using unit costs of fuel cycle components estimated based on conceptual designs. The fuel cycle cost (FCC) was calculated by a deterministic method in which reference values of fuel cycle components are used. The FCC was then analyzed by a Monte Carlo simulation to get the uncertainty of the FCC associated with the unit costs of the fuel cycle components. From the deterministic analysis on the one-batch equilibrium fuel cycle model, the DUPIC FCC was estimated to be 6.55-6.72 mills/kWh for proposed DUPIC fuel options, which is a little smaller than that of the once-through FCC by 0.04-0.28 mills/kWh. Considering the uncertainty (0.45-0.51 mills/kWh) of the FCC estimated by the Monte Carlo simulation method, the cost difference between the DUPIC and once-through fuel cycle is negligible. On the other hand, the material balance calculation has shown that the DUPIC fuel cycle can save natural uranium resources by -20% and reduce the spent fuel arising by -65%, compared with the once-through fuel cycle. In conclusion, the DUPIC fuel cycle possesses a strong advantage over the once-through fuel cycle from the viewpoint of the environmental effect.

  19. Overcoming barriers to integrating economic analysis into risk assessment.

    Science.gov (United States)

    Hoffmann, Sandra

    2011-09-01

    Regulatory risk analysis is designed to provide decisionmakers with a clearer understanding of how policies are likely to affect risk. The systems that produce risk are biological, physical, and social and economic. As a result, risk analysis is an inherently interdisciplinary task. Yet in practice, risk analysis has been interdisciplinary in only limited ways. Risk analysis could provide more accurate assessments of risk if there were better integration of economics and other social sciences into risk assessment itself. This essay examines how discussions about risk analysis policy have influenced the roles of various disciplines in risk analysis. It explores ways in which integrated bio/physical-economic modeling could contribute to more accurate assessments of risk. It reviews examples of the kind of integrated economics-bio/physical modeling that could be used to enhance risk assessment. The essay ends with a discussion of institutional barriers to greater integration of economic modeling into risk assessment and provides suggestions on how these might be overcome. © 2011 Society for Risk Analysis.

  20. Identification and analysis of student conceptions used to solve chemical equilibrium problems

    Science.gov (United States)

    Voska, Kirk William

    This study identified and quantified chemistry conceptions students use when solving chemical equilibrium problems requiring the application of Le Chatelier's principle, and explored the feasibility of designing a paper and pencil test for this purpose. It also demonstrated the utility of conditional probabilities to assess test quality. A 10-item pencil-and-paper, two-tier diagnostic instrument, the Test to Identify Student Conceptualizations (TISC) was developed and administered to 95 second-semester university general chemistry students after they received regular course instruction concerning equilibrium in homogeneous aqueous, heterogeneous aqueous, and homogeneous gaseous systems. The content validity of TISC was established through a review of TISC by a panel of experts; construct validity was established through semi-structured interviews and conditional probabilities. Nine students were then selected from a stratified random sample for interviews to validate TISC. The probability that TISC correctly identified an answer given by a student in an interview was p = .64, while the probability that TISC correctly identified a reason given by a student in an interview was p=.49. Each TISC item contained two parts. In the first part the student selected the correct answer to a problem from a set of four choices. In the second part students wrote reasons for their answer to the first part. TISC questions were designed to identify students' conceptions concerning the application of Le Chatelier's principle, the constancy of the equilibrium constant, K, and the effect of a catalyst. Eleven prevalent incorrect conceptions were identified. This study found students consistently selected correct answers more frequently (53% of the time) than they provided correct reasons (33% of the time). The association between student answers and respective reasons on each TISC item was quantified using conditional probabilities calculated from logistic regression coefficients. The

  1. Economic analysis of alternative LLW disposal methods

    International Nuclear Information System (INIS)

    Foutes, C.E.

    1987-01-01

    The Environmental Protection Agency (EPA) has evaluated the costs and benefits of alternative disposal technologies as part of its program to develop generally applicable environmental standards for the land disposal of low-level radioactive waste (LLW). Costs, population health effects and Critical Population Group (CPG) exposures resulting from alternative waste treatment and disposal methods were developed and input into the analysis. The cost-effectiveness analysis took into account a number of waste streams, hydrogeologic and climatic region settings, and waste treatment and disposal methods. Total costs of each level of a standard included costs for packaging, processing, transportation, and burial of waste. Benefits are defined in terms of reductions in the general population health risk (expected fatal cancers and genetic effects) evaluated over 10,000 years. A cost-effectiveness ratio, was calculated for each alternative standard. This paper describes the alternatives considered and preliminary results of the cost-effectiveness analysis

  2. 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.

  3. Economic Analysis in Series-Distillation Desalination

    Directory of Open Access Journals (Sweden)

    Mirna Rahmah Lubis

    2010-06-01

    Full Text Available The ability to produce potable water economically is the primary purpose of seawater desalination research. Reverse osmosis (RO and multi-stage flash (MSF cost more than potable water produced from fresh water resources. Therefore, this research investigates a high-efficiency mechanical vapor-compression distillation system that employs an improved water flow arrangement. The incoming salt concentration was 0.15% salt for brackish water and 3.5% salt for seawater, whereas the outgoing salt concentration was 1.5% and 7%, respectively. Distillation was performed at 439 K and 722 kPa for both brackish water feed and seawater feed. Water costs of the various conditions were calculated for brackish water and seawater feeds using optimum conditions considered as 25 and 20 stages, respectively. For brackish water at a temperature difference of 0.96 K, the energy requirement is 2.0 kWh/m3. At this condition, the estimated water cost is $0.39/m3 achieved with 10,000,000 gal/day distillate, 30-year bond, 5% interest rate, and $0.05/kWh electricity. For seawater at a temperature difference of 0.44 K, the energy requirement is 3.97 kWh/m3 and the estimated water cost is $0.61/m3. Greater efficiency of the vapor compression system is achieved by connecting multiple evaporators in series, rather than the traditional parallel arrangement. The efficiency results from the gradual increase of salinity in each stage of the series arrangement in comparison to parallel. Calculations using various temperature differences between boiling brine and condensing steam show the series arrangement has the greatest improvement at lower temperature differences. Keywords: desalination, dropwise condensation, mechanical-vapor compression

  4. Economic Modeling and Analysis of Educational Vouchers

    Science.gov (United States)

    Epple, Dennis; Romano, Richard

    2012-01-01

    The analysis of educational vouchers has evolved from market-based analogies to models that incorporate distinctive features of the educational environment. These distinctive features include peer effects, scope for private school pricing and admissions based on student characteristics, the linkage of household residential and school choices in…

  5. Tourism Contribution to Poverty Alleviation in Kenya: A Dynamic Computable General Equilibrium Analysis

    Science.gov (United States)

    Njoya, Eric Tchouamou; Seetaram, Neelu

    2017-01-01

    The aim of this article is to investigate the claim that tourism development can be the engine for poverty reduction in Kenya using a dynamic, microsimulation computable general equilibrium model. The article improves on the common practice in the literature by using the more comprehensive Foster-Greer-Thorbecke (FGT) index to measure poverty instead of headcount ratios only. Simulations results from previous studies confirm that expansion of the tourism industry will benefit different sectors unevenly and will only marginally improve poverty headcount. This is mainly due to the contraction of the agricultural sector caused the appreciation of the real exchange rates. This article demonstrates that the effect on poverty gap and poverty severity is, nevertheless, significant for both rural and urban areas with higher impact in the urban areas. Tourism expansion enables poorer households to move closer to the poverty line. It is concluded that the tourism industry is pro-poor. PMID:29595836

  6. CO2 and humidity removal system for extended Shuttle missions - Equilibrium testing and performance analysis

    Science.gov (United States)

    Davis, S. H.; Kissinger, L. D.

    1976-01-01

    In Shuttle orbiter cabins, lithium hydroxide (LiOH) canisters are currently planned to be used for CO2 adsorption and condensing heat exchangers for humidity control. In this paper a more effective CO2 and humidity removal method is proposed by replacing the LiOH component with HS-C adsorbent (a polyethylenimine coated acrylic ester), thus eliminating the low temperature constraints on the active thermal control system. Since the adsorption of CO2 and H2O are reversible, a double bed configuration operating cyclicly is planned to provide continuous atmospheric control. Apparatus and the experimental procedure to test the adsorption equilibrium are described and some of the indicative results, tabulated by computers, are presented with the help of exponential expressions and differential equations. By using a computer model of the Shuttle HS-C system, performance predictions are made.

  7. Zero-rating food in South Africa: A computable general equilibrium analysis

    Directory of Open Access Journals (Sweden)

    M Kearney

    2004-04-01

    Full Text Available Zero-rating food is considered to alleviate poverty of poor households who spend the largest proportion of their income on food.  However, this will result in a loss of revenue for government.  A Computable General Equilibrium (CGE model is used to analyze the combined effects on zero-rating food and using alternative revenue sources to compensate for the loss in revenue.  To prohibit excessively high increases in the statutory VAT rates of business and financial services, increasing direct taxes or increasing VAT to 16 per cent, is investigated.  Increasing direct taxes is the most successful option when creating a more progressive tax structure, and still generating a positive impact on GDP.  The results indicate that zero-rating food combined with a proportional percentage increase in direct taxes can improve the welfare of poor households.

  8. Analysis of a decision model in the context of equilibrium pricing and order book pricing

    Science.gov (United States)

    Wagner, D. C.; Schmitt, T. A.; Schäfer, R.; Guhr, T.; Wolf, D. E.

    2014-12-01

    An agent-based model for financial markets has to incorporate two aspects: decision making and price formation. We introduce a simple decision model and consider its implications in two different pricing schemes. First, we study its parameter dependence within a supply-demand balance setting. We find realistic behavior in a wide parameter range. Second, we embed our decision model in an order book setting. Here, we observe interesting features which are not present in the equilibrium pricing scheme. In particular, we find a nontrivial behavior of the order book volumes which reminds of a trend switching phenomenon. Thus, the decision making model alone does not realistically represent the trading and the stylized facts. The order book mechanism is crucial.

  9. Static equilibrium analysis for pipeline protection design in Iran LNG port

    Energy Technology Data Exchange (ETDEWEB)

    Abdollahi, A.S.; Vakili, R. [Iran Univ. of Science and Technology, Tehran, (Iran, Islamic Republic of); Alielahi, H. [Islamic Azad Univ., Zanjan (Iran, Islamic Republic of)

    2010-07-01

    This paper discussed the protection design for an intake seawater pipeline that will be built for a liquefied natural gas (LNG) project. The limit equilibrium approach was used to estimate the geometry of the protection layer with respect to the holding capacity of the drag anchors in cohesionless soil, incorporating a more realistic 3-dimensional failure pattern in the soil as well as the force acting on the back of the fluke. The study addressed all technical and executive points related to the pipeline construction, including anchor type, ship load, geotechnical properties of the protected zone and the underlying seabed, and the procedure to calculate the geometry of the protection layer. The protection layer must account for the complexity of interactions among anchor, anchor chain, sea bed, and rock armour. This analytical method provided logical results more quickly and at a lower cost than model testing. 14 refs., 3 tabs., 9 figs.

  10. Tourism Contribution to Poverty Alleviation in Kenya: A Dynamic Computable General Equilibrium Analysis.

    Science.gov (United States)

    Njoya, Eric Tchouamou; Seetaram, Neelu

    2018-04-01

    The aim of this article is to investigate the claim that tourism development can be the engine for poverty reduction in Kenya using a dynamic, microsimulation computable general equilibrium model. The article improves on the common practice in the literature by using the more comprehensive Foster-Greer-Thorbecke (FGT) index to measure poverty instead of headcount ratios only. Simulations results from previous studies confirm that expansion of the tourism industry will benefit different sectors unevenly and will only marginally improve poverty headcount. This is mainly due to the contraction of the agricultural sector caused the appreciation of the real exchange rates. This article demonstrates that the effect on poverty gap and poverty severity is, nevertheless, significant for both rural and urban areas with higher impact in the urban areas. Tourism expansion enables poorer households to move closer to the poverty line. It is concluded that the tourism industry is pro-poor.

  11. Stability Analysis of Landslide on the R1 Expressway by Limit Equilibrium and Finite Element Methods

    Science.gov (United States)

    Janták, Viktor

    2017-12-01

    The most difficult problem by designing the superior infrastructure is tracing the expressways and higways in an environment of Quaternary and Neogene complexes of finegrained cohesive and non-cohesive soils. At the last time the typical examples are stability problems on the R1 Nitra - Tekovské Nemce Expressway. The article is focused on the description of reasons of stability loss in the deep earth cut in the 79,000 km of expressway R1, the course of the landslide, slide correction and especially slope-stability assessment before and after the occurrence of slope failures by limit equilibrium and finite elements methods by comparing the behaviour of the slope in the various model situations.

  12. Sweatshop equilibrium

    OpenAIRE

    Chau, Nancy H.

    2009-01-01

    This paper presents a capability-augmented model of on the job search, in which sweatshop conditions stifle the capability of the working poor to search for a job while on the job. The augmented setting unveils a sweatshop equilibrium in an otherwise archetypal Burdett-Mortensen economy, and reconciles a number of oft noted yet perplexing features of sweatshop economies. We demonstrate existence of multiple rational expectation equilibria, graduation pathways out of sweatshops in complete abs...

  13. Economic analysis of radiodiagnostic equipment use

    International Nuclear Information System (INIS)

    Kochetova, G.P.; Turaev, R.N.

    1984-01-01

    The method for calculating costs for performing radiotdiagnostic investigation is suggested, analysis of structure of these costs and their dependence on output and working in shifts is given. As example the calculation of costs for performing radiodiagnostic investigations on gamma cameras with a computer and without it and on a scanner using fabricated radiopharmaceuticals and short-lived radionuclides. The developed technique for costs calculation for radiodignostic investigation permits to determine the cost of performing any investigation in changing values of any cost components. The analysis of the cost stucture for the investigation and dependence on apparatus capacity permit to contemplate the methods of reducing costs and raising apparatus use efficiency. One of these methods is transition to double-shift work of scintigraphic rooms equipped in the first place by gamma-cameras with computers

  14. Uncertainty analysis of geothermal energy economics

    Science.gov (United States)

    Sener, Adil Caner

    This dissertation research endeavors to explore geothermal energy economics by assessing and quantifying the uncertainties associated with the nature of geothermal energy and energy investments overall. The study introduces a stochastic geothermal cost model and a valuation approach for different geothermal power plant development scenarios. The Monte Carlo simulation technique is employed to obtain probability distributions of geothermal energy development costs and project net present values. In the study a stochastic cost model with incorporated dependence structure is defined and compared with the model where random variables are modeled as independent inputs. One of the goals of the study is to attempt to shed light on the long-standing modeling problem of dependence modeling between random input variables. The dependence between random input variables will be modeled by employing the method of copulas. The study focuses on four main types of geothermal power generation technologies and introduces a stochastic levelized cost model for each technology. Moreover, we also compare the levelized costs of natural gas combined cycle and coal-fired power plants with geothermal power plants. The input data used in the model relies on the cost data recently reported by government agencies and non-profit organizations, such as the Department of Energy, National Laboratories, California Energy Commission and Geothermal Energy Association. The second part of the study introduces the stochastic discounted cash flow valuation model for the geothermal technologies analyzed in the first phase. In this phase of the study, the Integrated Planning Model (IPM) software was used to forecast the revenue streams of geothermal assets under different price and regulation scenarios. These results are then combined to create a stochastic revenue forecast of the power plants. The uncertainties in gas prices and environmental regulations will be modeled and their potential impacts will be

  15. ECONOMIC ANALYSIS OF COWPEA PRODUCTION IN NIGERIA

    Directory of Open Access Journals (Sweden)

    Abba M. Wakili

    2013-01-01

    Full Text Available This study employs a stochastic frontier production function analysis to examine the productivity and technical efficiency of cowpea production in Adamawa State, Nigeria and also to identify the factors affecting the technical inefficiency using farm level survey data collected from 150 cowpea farmers selected using multi stage sampling technique. Findings from the analysis show that cowpea farmers operated on a very small scale and are profitable. The productivity analysis shows that agro chemicals, fertilizer, farm size and labor were all positively and significantly related to the technical efficiency. The return to scale (RTS of 0.9904 shows that cowpea production was in the rational stage of the production surface. The technical efficiency varies from 0.1094 to 0.9568 with a mean technical efficiency of 0.6649, indicating that farmers were operating below the efficiency frontier. Thus, in the short run, there is a scope to increase output by 34%. The inefficiency model revealed that education of the farmers; extension visits and access to credit are the main factors that affect technical efficiency of the farmers.

  16. Generic modelling framework for economic analysis of battery systems

    DEFF Research Database (Denmark)

    You, Shi; Rasmussen, Claus Nygaard

    2011-01-01

    opportunities, a generic modelling framework is proposed to handle this task. This framework outlines a set of building blocks which are necessary for carrying out the economic analysis of various BS applications. Further, special focus is given on describing how to use the rainflow cycle counting algorithm...... for battery cycle life estimation, since the cycle life plays a central role in the economic analysis of BS. To illustrate the modelling framework, a case study using a Sodium Sulfur Battery (NAS) system with 5-minute regulating service is performed. The economic performances of two dispatch scenarios, a so......Deregulated electricity markets provide opportunities for Battery Systems (BS) to participate in energy arbitrage and ancillary services (regulation, operating reserves, contingency reserves, voltage regulation, power quality etc.). To evaluate the economic viability of BS with different business...

  17. Analysis Of Economic Motivation When Individuals Choose An Educational Path

    Directory of Open Access Journals (Sweden)

    Viktor Anatolyevich Koksharov

    2015-03-01

    Full Text Available The authors consider the economic motivations when individuals choose an educational path. This line of research is relevant from both, the point of view of science — research of economic behavior of an individual, and the point of view of practice — allows to increase efficiency of investments in a human capital. The authors have developed the economic and mathematical model of choice of optimum educational paths by individuals. The model is realized in the software and approved on real data on more than 5,5 thousand students. For the analysis of the importance of rational economic expectations when an educational path has to be chosen, the paths chosen by students is compared and the educational paths optimum from the point of view of economic rationality are calculated. The analysis of the results has showed that mainly, the choice of educational paths happens according to the economic motivations. On the considered selection, 66 % of prospective students have chosen an optimum path from the point of view of economic preferences. The most significant factor providing development of optimum educational paths is an expectation of higher income upon completion of education — 22 % of all educational paths, and a possibility of cost-cutting of educating or state-subsidized education — 12 %. In our opinion, one of the most important practical results of the research of optimum educational path is the need to consider expectations of students and prospective student when developing a state policy of investment in human capital.

  18. Chaotic time series analysis in economics: Balance and perspectives

    International Nuclear Information System (INIS)

    Faggini, Marisa

    2014-01-01

    The aim of the paper is not to review the large body of work concerning nonlinear time series analysis in economics, about which much has been written, but rather to focus on the new techniques developed to detect chaotic behaviours in economic data. More specifically, our attention will be devoted to reviewing some of these techniques and their application to economic and financial data in order to understand why chaos theory, after a period of growing interest, appears now not to be such an interesting and promising research area

  19. Economic analysis of land regeneration programmes through rural cooperatives

    International Nuclear Information System (INIS)

    Reddy, B.S.; Srinivasan, P.V.; Parikh, K.S.; Parikh, J.K.

    1997-01-01

    An economic analysis of land regeneration programmes is given combining the criteria of financial as well as economic feasibility and sustainability applied to a wood plantation of Mallanahlly TGCS in Karnataka, India. Feasibility is measured in terms of economic benefits to the stakeholders and sustainability through optimal rotation of trees as well as continuous annual income to the stakeholders from such rotations. The plantation programme is evaluated at the perspectives of both TGCS and the society as a whole and it is found that benefit cost ratios are high in both the cases. (K.A.)

  20. Chaotic time series analysis in economics: Balance and perspectives

    Energy Technology Data Exchange (ETDEWEB)

    Faggini, Marisa, E-mail: mfaggini@unisa.it [Dipartimento di Scienze Economiche e Statistiche, Università di Salerno, Fisciano 84084 (Italy)

    2014-12-15

    The aim of the paper is not to review the large body of work concerning nonlinear time series analysis in economics, about which much has been written, but rather to focus on the new techniques developed to detect chaotic behaviours in economic data. More specifically, our attention will be devoted to reviewing some of these techniques and their application to economic and financial data in order to understand why chaos theory, after a period of growing interest, appears now not to be such an interesting and promising research area.

  1. Socio-economic analysis in the transport sector

    DEFF Research Database (Denmark)

    an important element in the political decision process. The analysis provides information about how the society’s resources – from an economic viewpoint – are used in the best possible way, and how costs and benefits are distributed between e.g. the state, the users and the environment. The society does......This compendium is intended to be a tool for students in conducting socio-economic appraisals in the transport sector following the recommendations made by the Danish Manual for Socio-economic Appraisal (DMT, 2003). The appraisal process is in this compendium outlined as a step-by-step process...

  2. Green technologies for the use of urban wastewater: economic analysis

    Directory of Open Access Journals (Sweden)

    Horacio Alfredo Gil

    2013-12-01

    Full Text Available Urban sewage is one of the biggest polluters of water resources. For treatment, the usual conventional technologies (CT are based on civil and hydraulic engineering; more recently, green technologies (GT based on biology and ecology began to be developed. The aim of this study was to assess the economic aspects of these technologies using cost-benefit analysis. The economic benefits are derived from the sale of forest products and the environmental benefits of water decontamination, valued by the avoided cost method. The results of the study establish that GT have better commercial and economic performance than CT, and that the inclusion of environmental benefit significantly improves the results.

  3. Analysis and Application of Quality Economics Based on Input-Output

    Science.gov (United States)

    Lu, Qiang; Li, Xin

    2018-01-01

    Quality economics analysis is an important research area in the current economic frontier, which has a huge role in promoting the quality-benefit type road development in China. Through the study of quality economics analysis and application, economics of quality and quality economics management are summarized, and theoretical framework of quality economics analysis is constructed. Finally, the quality economics analysis of aerospace equipment is taken as an example to carry on the application research.

  4. Economic analysis of nuclear power generation

    Energy Technology Data Exchange (ETDEWEB)

    Song, Ki Dong; Choi, Young Myung; Kim, Hwa Sup; Lee, Man Ki; Moon, Kee Hwan; Kim, Seung Su; Chae, Kyu Nam

    1996-12-01

    The major contents in this study are as follows : (1) Efforts are made to examine the role of nuclear energy considering environmental regulation. An econometric model for energy demand and supply including carbon tax imposition is established. (2) Analysis for the learning effect of nuclear power plant operation is performed. The study is focused to measure the effect of technology homogeneity on the operation performance. (3) A preliminary capital cost of the KALIMER is estimated by using cost computer program, which is developed in this study. (author). 36 refs.,46 tabs., 15 figs.

  5. Economic analysis of fusion breeders. Supplement

    International Nuclear Information System (INIS)

    Delene, J.G.

    1985-01-01

    Three fusion/fission hybrids and three converter reactors were considered in combination: (1) Li-Be (Opt-Li) blanket, (2) molten salt blanket (1.6 blanket energy multiplier), and (3) molten salt blanket (2.5 blanket energy multiplier). The following converter (fission) reactors were considered: (1) LWR, (2) HTGR, and (3) molten salt. In order to provide some perspective on the results of the hybrid analysis, LMFBRs were also examined: (1) methods applied consistently, and (2) range of LMFBR costs consistent with current thought on advanced designs

  6. Financial liberalization and economic growth : A meta-analysis

    NARCIS (Netherlands)

    Bumann, Silke; Hermes, Niels; Lensink, Robert

    This study provides a systematic analysis of the empirical literature on the relationship between financial liberalization and economic growth by conducting a meta-analysis, based on 441 t-statistics reported in 60 empirical studies. We focus on explaining the heterogeneity of results in our sample

  7. Techno-economical Analysis of Indoor Enterprise Solutions

    DEFF Research Database (Denmark)

    Liu, Zhen

    2013-01-01

    and the proposed centralized coordinated scheduling system. The proposed system is proved capable of achieving the best overall performance. Subsequently, we conduct the financial economic analysis for indoor DAS and Femto systems based on the TCO analysis. For very high data-rate in-building deployment, the Femto...

  8. Economic analysis of alternative LLW disposal methods

    International Nuclear Information System (INIS)

    Foutes, C.E.; Queenan, C.J. III

    1987-01-01

    The Environmental Protection Agency (EPA) has evaluated the costs and benefits of alternative disposal technologies as part of its program to develop generally applicable environmental standards for the land disposal of low-level radioactive waste (LLW). Costs, population health effects and Critical Population Group (CPG) exposures resulting from alternative waste treatment and disposal methods were evaluated both in absolute terms and also relative to a base case (current practice). Incremental costs of the standard included costs for packaging, processing, transportation, and burial of waste. Benefits are defined in terms of reductions in the general population health risk (expected fatal cancers and genetic effects) evaluated over 10,000 years. A cost-effectiveness ratio, defined as the incremental cost per avoided health effect, was calculated for each alternative standard. The cost-effectiveness analysis took into account a number of waste streams, hydrogeologic and climatic region settings, and waste treatment and disposal methods. This paper describes the alternatives considered and preliminary results of the cost-effectiveness analysis. 15 references, 7 figures, 3 tables

  9. Analysis of the equilibrium conditions of a double rotor turbine prototype designed for the exploitation of the tidal currents

    International Nuclear Information System (INIS)

    Barbarelli, Silvio; Amelio, Mario; Castiglione, Teresa; Florio, Gaetano; Scornaienchi, Nino M.; Cutrupi, Antonino; Lo Zupone, Giacomo

    2014-01-01

    Highlights: • A design a new self-balancing turbine collecting energy from tidal currents has been presented. • The equilibrium in the sea is guaranteed by a central deflector inserted in the blades disc. • The sizing procedure of the turbine needs the knowledge of lift and drag coefficients of the deflector. • A CDF analysis has been carried out for estimating these parameters. • The feasibility of a first pilot plant in the Calabrian site of Punta Pezzo (Italy) has been evaluated. - Abstract: For several years the Department of Mechanical, Energy and Management Engineering (DIMEG), in collaboration with SintEnergy Srl, has been performing researches for the exploitation of tidal currents. An innovative turbine has been developed, anchored to the coast, which does not require the supporting structures on the seabed and should reduces installation costs and environmental impact. This machine, in its latest version, proposes the use of two concentric and contra-rotating rotors, in order to require a small, or non-existent, stabilizing torque. In the present work the machine equilibrium conditions have been defined and, by a CFD analysis, the lift and drag coefficients of the central deflector have been calculated, together with a final machine design procedure. As a case study, applying the above procedure for a machine installed on the Messina strait, the energy output and the payback period have been estimated

  10. Insurer’s activity as object of economic analysis

    Directory of Open Access Journals (Sweden)

    O.O. Poplavskiy

    2015-12-01

    Full Text Available The article is devoted to the substantiation of theoretical fundamentals of insurer’s analysis and peculiarities of its implementation. The attention has been focused on the important role of economic analysis in economic science which is confirmed by its active use in research and practical orientation. The author summarizes the classification and principles of insurer’s activity analysis, supplements it with specific principles for insurer’s environment, publicity and risk-orientation which enable increasingly to take into account the peculiarities of insurance relations. The paper pays attention to the specification of elements of analysis and its key directions including the analysis of insurer’s financing, the analysis of insurance operations and the analysis of investment activity which will allow the effective functioning of risk management system.

  11. A NON-LOCAL THERMODYNAMIC EQUILIBRIUM ANALYSIS OF BORON ABUNDANCES IN METAL-POOR STARS

    International Nuclear Information System (INIS)

    Tan Kefeng; Shi Jianrong; Zhao Gang

    2010-01-01

    The non-local thermodynamic equilibrium (NLTE) line formation of neutral boron in the atmospheres of cool stars are investigated. Our results confirm that NLTE effects for the B I resonance lines, which are due to a combination of overionization and optical pumping effects, are most important for hot, metal-poor, and low-gravity stars; however, the amplitude of departures from local thermodynamic equilibrium (LTE) found by this work is smaller than that of previous studies. In addition, our calculation shows that the line formation of B I will get closer to LTE if the strength of collisions with neutral hydrogen increases, which is contrary to the result of previous studies. The NLTE line formation results are applied to the determination of boron abundances for a sample of 16 metal-poor stars with the method of spectrum synthesis of the B I 2497 A resonance lines using the archived HST/GHRS spectra. Beryllium and oxygen abundances are also determined for these stars with the published equivalent widths of the Be II 3131 A resonance and O I 7774 A triplet lines, respectively. The abundances of the nine stars which are not depleted in Be or B show that, no matter what the strength of collisions with neutral hydrogen may be, both Be and B increase with O quasilinearly in the logarithmic plane, which confirms the conclusions that Be and B are mainly produced by the primary process in the early Galaxy. The most noteworthy result of this work is that B increases with Fe or O at a very similar speed as, or a bit faster than, Be does, which is in accord with the theoretical models. The B/Be ratios remain almost constant over the metallicity range investigated here. Our average B/Be ratio falls in the interval [13 ± 4, 17 ± 4], which is consistent with the predictions of the spallation process. The contribution of B from the ν-process may be required if the 11 B/ 10 B isotopic ratios in metal-poor stars are the same as the meteoric value. An accurate measurement of the

  12. [Comparison Analysis of Economic and Engineering Control of Industrial VOCs].

    Science.gov (United States)

    Wang, Yu-fei; Liu, Chang-xin; Cheng, Jie; Hao, Zheng-ping; Wang, Zheng

    2015-04-01

    Volatile organic compounds (VOCs) pollutant has become China's major air pollutant in key urban areas like sulfur dioxide, nitrogen oxides and particulate matter. It is mainly produced from industry sectors, and engineering control is one of the most important reduction measures. During the 12th Five-Year Plan, China decides to invest 40 billion RMB to build pollution control projects in key industry sectors with annual emission reduction of 605 000 t x a(-1). It shows that China attaches a great importance to emission reduction by engineering projects and highlights the awareness of engineering reduction technologies. In this paper, a macroeconomic model, namely computable general equilibrium model, (CGE model) was employed to simulate engineering control and economic control (imposing environmental tax). We aim to compare the pros and cons of the two reduction policies. Considering the economic loss of the whole country, the environmental tax has more impacts on the economy system than engineering reduction measures. We suggest that the central government provides 7 500 RMB x t(-1) as subsidy for enterprises in industry sectors to encourage engineering reduction.

  13. The Economic Risks Arising from the Analysis of the Balance Sheet of an Economic Entity

    Directory of Open Access Journals (Sweden)

    Andreea Mihaela Marin

    2016-01-01

    Full Text Available Any economic entity operates under probability and risk. In a general acceptation, risk means the validity of the result obtained under pressure of the economic environment; in other words, the risk is the potential damage posed to heritage, interests and affect the entity. In this paper we want to capture, the calculation in terms of the balance sheet analysis of the three risks, which can be measured on the basis of the balance sheet data and indicators, namely: the operational risk, financial risk, and the risk of bankruptcy.

  14. Agricultural impact of climate change: A general equilibrium analysis with special reference to Southeast Asia

    OpenAIRE

    Zhai, Fan; Zhuang, Juzhong

    2009-01-01

    Capitalizing on the most recent worldwide estimates of the impacts of climate change on agricultural production, this paper assesses the economic effects of climate change for Southeast Asian countries through 2080. The results suggest that the aggregate impacts of agricultural damages caused by climate change on the global economy are moderate. However, the uneven distribution of productivity losses across global regions would bring significant structural adjustments in worldwide agricultura...

  15. Strategic forward contracting in electricity markets: modelling and analysis by equilibrium method

    International Nuclear Information System (INIS)

    Chung, T.S.; Zhang, S.H.; Wong, K.P.; Yu, C.W.; Chung, C.Y.

    2004-01-01

    Contractual arrangement plays an important role in mitigating market power in electricity markets. The issue of whether rational generators would voluntarily enter contract markets through a strategic incentive is examined, and the factors which could affect this strategic contracting behaviour. A two-stage game model is presented to formulate the competition of generators in bid-based pool spot markets and contract markets, as well as the interaction between these two markets. The affine supply function equilibrium (SFE) method is used to model competitive bidding for the spot market, while the contract market is modelled with the general conjectural variation method. The proposed methodology allows asymmetric, multiple strategic generators having capacity constraints and affine marginal costs with non-zero intercepts to be taken into account. It is shown that the presence of forward contract markets will complicate the solution to the affine SFE, and a new methodology is developed in this regard. Strategic contracting behaviours are analysed in the context of asymmetric, multiple strategic generators. A numerical example is used to verify theoretical results. It is shown that the observability of contract markets plays an important role in fostering generators' strategic contracting incentive, and that this contracting behaviour could also be affected by generators' cost parameters and demand elasticity. (author)

  16. Statistical analysis of the equilibrium configurations of the W7-X stellarator

    Energy Technology Data Exchange (ETDEWEB)

    Sengupta, A [Max-Planck-Institut fuer Plasmaphysik, Euratom Association, Greifswald (Germany); Geiger, J [Max-Planck-Institut fuer Plasmaphysik, Euratom Association, Greifswald (Germany); Mc Carthy, P J [Department of Physics, University College Cork, Association EURATOM-DCU, Cork (Ireland)

    2007-05-15

    Equilibrium magnetic configurations of W7-X stellarator plasma were analysed in this study. The statistical method of function parametrization was used to recover the physical properties of the magnetic configurations, such as the flux surface geometry, the magnetic field and the iota profile from simulated experimental data. The study was carried out with a net toroidal current. Idealized 'measurements' were first used to recover the configuration. These ' measurements' were then perturbed with noise and the effect of this perturbation on the recovered configuration parameters was estimated. The noise was scanned over a range large enough to encompass that expected in the actual experiment. In the process, it was possible to ascertain the limit of tolerable noise that can be allowed in the inputs so as not to significantly perturb the outputs recovered with noiseless 'measurements'. Generally, a cubic polynomial model was found to be necessary for noise levels below 10%. For higher noise levels, a quadratic polynomial performed as well as the cubic. The noise level of 10% was also the approximate limit up to which the recovery with ideal measurements was generally reproduced. For the flux geometry recovery, however, the quadratic model performed similarly to the cubic for any value of noise, with the latter model proving to be significantly better only for the noiseless case. Also, with noisy predictors the recovery error for the flux surfaces increases linearly with effective radius from the plasma core up to the edge.

  17. Environmental impacts of coal subsidies in Turkey: A general equilibrium analysis

    International Nuclear Information System (INIS)

    Acar, Sevil; Yeldan, A. Erinc

    2016-01-01

    In this study we aim at providing an analytical framework for Turkey to study the macroeconomics and environmental impacts of the existing coal subsidization scheme. To this end we develop a regionally differentiated applied general equilibrium model spanning over 2015–2030. Our analytical apparatus focuses exclusively on the fiscal implications as well as the environmental repercussions of the removal of the subsidies on greenhouse gas emissions. With the aid of a set of alternative policy scenarios against a “business as usual” path, we study the regional and sectorial performances of growth, employment, investment and capital accumulation, consumption/welfare and trade balance. Our results indicate that by simple elimination of the coal subsidization scheme, Turkey can reduce its aggregate gaseous emissions by as much as 5% without a significant loss in its GDP. - Highlights: • Turkey supports the coal sector providing both production and investment subsidies. • Eliminating production subsidies leads to a 2.5% decline in total CO2(eq) by 2030. • Additionally, removal of regional investment subsidies reduces CO2(eq) by 5.4%. • The macro-effects of both scenarios are found to be quite small. • Coal subsidies could be transferred to the financing of green policy alternatives.

  18. A study of equilibrium and FTIR, SEM/EDS analysis of trimethoprim adsorption onto K10

    Science.gov (United States)

    Bekçi, Zehra; Seki, Yoldaş; Kadir Yurdakoç, M.

    2007-02-01

    The sorption behavior of K10, a type of montmorillonite for trimethoprim (TMP) drug, was studied by using batch technique under different pH and temperature. The interaction between K10 and TMP was investigated using SEM, and FTIR. It was observed that adsorption was increased between pH 2.5 and 6.3. By performing kinetic experiments, the pseudo-second-order kinetic model provides the best fit for TMP adsorption onto K10 montmorillonite. The sorption of TMP reached the equilibrium state after 6 h sorption time and has been described by using Langmuir, Freundlich and Dubinin-Radushkevich equations to obtain adsorption capacity values. The results indicate that the relative adsorption capacity values ( Kf) are decreasing with the increase of temperature in the range of 298-318 K. The sorption energy values obtained from DR isotherm show that sorption of TMP onto K10 can be explained by ion exchange mechanism at 298, 308 and 318 K. The thermodynamic studies were conducted to find the thermodynamic parameters Δ H°, Δ S° and Δ G°. It was determined that adsorption process is spontaneous and exothermic in nature.

  19. Analysis and adaptive control of a novel 3-D conservative no-equilibrium chaotic system

    Directory of Open Access Journals (Sweden)

    Vaidyanathan Sundarapandian

    2015-09-01

    Full Text Available First, this paper announces a seven-term novel 3-D conservative chaotic system with four quadratic nonlinearities. The conservative chaotic systems are characterized by the important property that they are volume conserving. The phase portraits of the novel conservative chaotic system are displayed and the mathematical properties are discussed. An important property of the proposed novel chaotic system is that it has no equilibrium point. Hence, it displays hidden chaotic attractors. The Lyapunov exponents of the novel conservative chaotic system are obtained as L1 = 0.0395,L2 = 0 and L3 = −0.0395. The Kaplan-Yorke dimension of the novel conservative chaotic system is DKY =3. Next, an adaptive controller is designed to globally stabilize the novel conservative chaotic system with unknown parameters. Moreover, an adaptive controller is also designed to achieve global chaos synchronization of the identical conservative chaotic systems with unknown parameters. MATLAB simulations have been depicted to illustrate the phase portraits of the novel conservative chaotic system and also the adaptive control results.

  20. Equilibrium Trust

    OpenAIRE

    Luca Anderlini; Daniele Terlizzese

    2009-01-01

    We build a simple model of trust as an equilibrium phenomenon, departing from standard "selfish" preferences in a minimal way. Agents who are on the receiving end of an other to transact can choose whether to cheat and take away the entire surplus, taking into account a "cost of cheating." The latter has an idiosyncratic component (an agent's type), and a socially determined one. The smaller the mass of agents who cheat, the larger the cost of cheating suffered by those who cheat. Depending o...

  1. The Economic Impact of Tourism. An Input-Output Analysis

    OpenAIRE

    Camelia SURUGIU

    2009-01-01

    The paper presents an Input-Output Analysis for Romania, an important source of information for the investigation of the inter-relations existing among different industries. The Input-Output Analysis is used to determine the role and importance of different economic value added, incomes and employment and it analyses the existing connection in an economy. This paper is focused on tourism and the input-output analysis is finished for the Hotels and Restaurants Sector.

  2. The economic analysis of power market architectures: application to real-time market design

    International Nuclear Information System (INIS)

    Saguan, M.

    2007-04-01

    This work contributes to the economic analysis of power market architectures. A modular framework is used to separate problems of market design in different modules. The work's goal is to study real-time market design. A two-stage market equilibrium model is used to analyse the two main real-time designs: the 'market' and the 'mechanism' (with penalty). Numerical simulations show that design applied in real-time is not neutral vis-a-vis of energy markets sequence and the competition dynamic. Designs using penalty (mechanisms) cause distortions, inefficiencies and can create barriers to entry. The size of distortions is given by the temporal position of the gate that closure the forward markets. This model has also allowed us to show the key role of real-time integration between zones and the importance of good harmonization between real-time designs of each zone. (author)

  3. Neutronics/Thermo-fluid Coupled Analysis of PMR-200 Equilibrium Cycle by CAPP/GAMMA+ Code System

    Energy Technology Data Exchange (ETDEWEB)

    Lee, Hyun Chul; Tak, Nam-il [Korea Atomic Energy Research Institute, Daejeon (Korea, Republic of)

    2015-10-15

    The equilibrium core was obtained by performing CAPP stand-alone multi-cycle depletion calculation with critical rod position search. In this work, a code system for coupled neutronics and thermo-fluids simulation was developed using CAPP and GAMMA+ codes. A server program, INTCA, controls the two codes for coupled calculations and performs the mapping between the variables of the two codes based on the nodalization of the two codes. In order to extend the knowledge about the coupled behavior of a prismatic VHTR, the CAPP/GAMMA+ code system was applied to steady state performance analysis of PMR-200. The coupled calculation was carried out for the equilibrium core of PMR-200 from BOC to EOC. The peak fuel temperature was predicted to be 1372 .deg. C near MOC. However, the cycle-average fuel temperature was calculated as 1230 .deg. C, which is slightly below the design target of 1250 .deg. C. In addition, significant impact of the bypass flow on the central reflector temperature was found. Without bypass flow, the temperature of the active core region was slightly decreased while the temperature of the central and side reflector region was increased much. The both changes in the temperature increase the multiplication factor and the total change of the multiplication factor was more than 300 pcm. On the other hand, the effect of the bypass flow on the power density profile was not significant.

  4. Quasi-equilibrium analysis of the ion-pair mediated membrane transport of low-permeability drugs.

    Science.gov (United States)

    Miller, Jonathan M; Dahan, Arik; Gupta, Deepak; Varghese, Sheeba; Amidon, Gordon L

    2009-07-01

    The aim of this research was to gain a mechanistic understanding of ion-pair mediated membrane transport of low-permeability drugs. Quasi-equilibrium mass transport analyses were developed to describe the ion-pair mediated octanol-buffer partitioning and hydrophobic membrane permeation of the model basic drug phenformin. Three lipophilic counterions were employed: p-toluenesulfonic acid, 2-naphthalenesulfonic acid, and 1-hydroxy-2-naphthoic acid (HNAP). Association constants and intrinsic octanol-buffer partition coefficients (Log P(AB)) of the ion-pairs were obtained by fitting a transport model to double reciprocal plots of apparent octanol-buffer distribution coefficients versus counterion concentration. All three counterions enhanced the lipophilicity of phenformin, with HNAP providing the greatest increase in Log P(AB), 3.7 units over phenformin alone. HNAP also enhanced the apparent membrane permeability of phenformin, 27-fold in the PAMPA model, and 4.9-fold across Caco-2 cell monolayers. As predicted from a quasi-equilibrium analysis of ion-pair mediated membrane transport, an order of magnitude increase in phenformin flux was observed per log increase in counterion concentration, such that log-log plots of phenformin flux versus HNAP concentration gave linear relationships. These results provide increased understanding of the underlying mechanisms of ion-pair mediated membrane transport, emphasizing the potential of this approach to enable oral delivery of low-permeability drugs.

  5. Mathematical models and equilibrium in irreversible microeconomics

    Directory of Open Access Journals (Sweden)

    Anatoly M. Tsirlin

    2010-07-01

    Full Text Available A set of equilibrium states in a system consisting of economic agents, economic reservoirs, and firms is considered. Methods of irreversible microeconomics are used. We show that direct sale/purchase leads to an equilibrium state which depends upon the coefficients of supply/demand functions. To reach the unique equilibrium state it is necessary to add either monetary exchange or an intermediate firm.

  6. Rebound effect of improved energy efficiency for different energy types: A general equilibrium analysis for China

    International Nuclear Information System (INIS)

    Lu, Yingying; Liu, Yu; Zhou, Meifang

    2017-01-01

    This paper explores the rebound effect of different energy types in China based on a static computable general equilibrium model. A one-off 5% energy efficiency improvement is imposed on five different types of energy, respectively, in all the 135 production sectors in China. The rebound effect is measured both on the production level and on the economy-wide level for each type of energy. The results show that improving energy efficiency of using electricity has the largest positive impact on GDP among the five energy types. Inter-fuel substitutability does not affect the macroeconomic results significantly, but long-run impact is usually greater than the short-run impact. For the exports-oriented sectors, those that are capital-intensive get big negative shock in the short run while those that are labour-intensive get hurt in the long run. There is no “backfire” effect; however, improving efficiency of using electricity can cause negative rebound, which implies that improving the energy efficiency of using electricity might be a good policy choice under China's current energy structure. In general, macro-level rebound is larger than production-level rebound. Primary energy goods show larger rebound effect than secondary energy goods. In addition, the paper points out that the policy makers in China should look at the rebound effect in the long term rather than in the short term. The energy efficiency policy would be a good and effective policy choice for energy conservation in China when it still has small inter-fuel substitution. - Highlights: • Primary energy goods show larger rebound effect than secondary energy goods. • Improving efficiency of using electricity can cause negative rebound. • The energy efficiency policy would be an effective policy choice for China. • Policy-makers should consider the rebound effect in the longer term.

  7. Modeling and numerical analysis of non-equilibrium two-phase flows

    International Nuclear Information System (INIS)

    Rascle, P.; El Amine, K.

    1997-01-01

    We are interested in the numerical approximation of two-fluid models of nonequilibrium two-phase flows described by six balance equations. We introduce an original splitting technique of the system of equations. This technique is derived in a way such that single phase Riemann solvers may be used: moreover, it allows a straightforward extension to various and detailed exchange source terms. The properties of the fluids are first approached by state equations of ideal gas type and then extended to real fluids. For the construction of numerical schemes , the hyperbolicity of the full system is not necessary. When based on suitable kinetic unwind schemes, the algorithm can compute flow regimes evolving from mixture to single phase flows and vice versa. The whole scheme preserves the physical features of all the variables which remain in the set of physical states. Several stiff numerical tests, such as phase separation and phase transition are displayed in order to highlight the efficiency of the proposed method. The document is a PhD thesis divided in 6 chapters and two annexes. They are entitled: 1. - Introduction (in French), 2. - Two-phase flow, modelling and hyperbolicity (in French), 3. - A numerical method using upwind schemes for the resolution of two-phase flows without exchange terms (in English), 4. - A numerical scheme for one-phase flow of real fluids (in English), 5. - An upwind numerical for non-equilibrium two-phase flows (in English), 6. - The treatment of boundary conditions (in English), A.1. The Perthame scheme (in English) and A.2. The Roe scheme (in English)

  8. Lifting the US crude oil export ban: A numerical partial equilibrium analysis

    International Nuclear Information System (INIS)

    Langer, Lissy; Huppmann, Daniel; Holz, Franziska

    2016-01-01

    The upheaval in global crude oil markets and the boom in shale oil production in North America brought scrutiny on the US export ban for crude oil from 1975. The ban was eventually lifted in early 2016. This paper examines the shifts of global trade flows and strategic refinery investments in a spatial, game-theoretic partial equilibrium model. We consider detailed oil supply chain infrastructure with multiple crude oil types, distinct oil products, as well as specific refinery configurations and modes of transport. Prices, quantities produced and consumed, as well as infrastructure and refining capacity investments are endogenous to the model. We compare two scenarios: an insulated US crude oil market, and a counter-factual with lifted export restrictions. We find a significant expansion of US sweet crude exports with the lift of the export ban. In the US refinery sector, more (imported) heavy sour crude is transformed. Countries importing US sweet crude gain from higher product output, while avoiding costly refinery investments. Producers of heavy sour crude (e.g. the Middle East) are incentivised to climb up the value chain to defend their market share and maintain their dominant position. - Highlights: • We study the impacts of lifting the US crude ban on global oil flows and investments. • We find massive expansion of US sweet crude oil exports. • We analyze the resulting welfare effects for US producers, refiners and consumers. • We indicate the changes on global trade patterns. • We conclude that lifting the ban is the right policy for the US and the global economy.

  9. Stochastic–multiobjective market equilibrium analysis of a demand response program in energy market under uncertainty

    International Nuclear Information System (INIS)

    Hu, Ming-Che; Lu, Su-Ying; Chen, Yen-Haw

    2016-01-01

    Highlights: • Analyze the impact of a demand response program under uncertainty. • Stochastic Nash–Cournot competition model is formulated. • Case study of the Taiwanese electric power market is conducted. • Demand response decreases power price, generation, and emissions. • Demand uncertainty increases energy price and supply risk in the results. - Abstract: In the electricity market, demand response programs are designed to shift peak demand and enhance system reliability. A demand response program can reduce peak energy demand, power transmission congestion, or high energy-price conditions by changing consumption patterns. The purpose of this research is to analyze the impact of a demand response program in the energy market, under demand uncertainty. A stochastic–multiobjective Nash–Cournot competition model is formulated to simulate demand response in an uncertain energy market. Then, Karush–Kuhn–Tucker optimality conditions and a linear complementarity problem are derived for the stochastic Nash–Cournot model. Accordingly, the linear complementarity problem is solved and its stochastic market equilibrium solution is determined by using a general algebraic modeling system. Additionally, the case of the Taiwanese electric power market is taken up here, and the results show that a demand response program is capable of reducing peak energy consumption, energy price, and carbon dioxide emissions. The results show that demand response program decreases electricity price by 2–10%, total electricity generation by 0.5–2%, and carbon dioxide emissions by 0.5–2.5% in the Taiwanese power market. In the simulation, demand uncertainty leads to an 2–7% increase in energy price and supply risk in the market. Additionally, tradeoffs between cost and carbon dioxide emissions are presented.

  10. Carbon Taxes and Joint Implementation. An Applied General Equilibrium Analysis for Germany and India

    Energy Technology Data Exchange (ETDEWEB)

    Boehringer, C.; Loeschel, A. [Centre for European Economic Research ZEW, Mannheim (Germany); Conrad, K. [Department of Economics, Mannheim University, Mannheim (Germany)

    2003-01-01

    Germany has committed itself to reducing its carbon emissions by 25% in 2005 as compared to 1990 emission levels. To achieve this goal, the government has recently launched an environmental tax reform which entails a continuous increase in energy taxes in conjunction with a revenue-neutral cut in non-wage labor costs. This policy is supposed to yield a double dividend, reducing both, the problem of global warming and high unemployment rates. In addition to domestic actions, international treaties on climate protection allow for the supplementary use of flexible instruments to exploit cheaper emission reduction possibilities elsewhere. One concrete option for Germany would be to enter joint implementation (JI) with developing countries such as India where Germany pays emission reduction abroad rather than meeting its reduction target solely by domestic action. In this paper, we investigate whether an environmental tax reform cum JI provides employment and overall efficiency gains as compared to an environmental tax reform stand-alone. We address this question in the framework of a large-scale general equilibrium model for Germany and India where Germany may undertake JI with the Indian electricity sector. Our main finding is that JI offsets largely the adverse effects of carbon emission constraints on the German economy. JI significantly lowers the level of carbon taxes and thus reduces the total costs of abatement as well as negative effects on labor demand. In addition, JI triggers direct investment demand for energy efficient power plants produced in Germany. This provides positive employment effects and additional income for Germany. For India, joint implementation equips its electricity industry with scarce capital goods leading to a more efficient power production with lower electricity prices for the economy and substantial welfare gains.

  11. Turning for Ulcer Reduction (TURN) Study: An Economic Analysis.

    Science.gov (United States)

    Paulden, Mike; Bergstrom, Nancy; Horn, Susan D; Rapp, Mary; Stern, Anita; Barrett, Ryan; Watkiss, Michael; Krahn, Murray

    2014-01-01

    The Turning for Ulcer Reduction (TURN) study was a multisite, randomized controlled trial that aimed to determine the optimal frequency of turning nursing facility residents with mobility limitations who are at moderate and high risk for pressure ulcer (PrU) development. Here we present data from the economic analysis. This economic analysis aims to estimate the economic consequences for Ontario of switching from a repositioning schedule of 2-hour intervals to a schedule of 3-hour or 4-hour intervals. Costs considered in the analysis included those associated with nursing staff time spent repositioning residents and with incontinent care supplies, which included briefs, barrier cream, and washcloths. The total economic benefit of switching to 3-hour or 4-hour repositioning is estimated to be $11.05 or $16.74 per day, respectively, for every resident at moderate or high risk of developing PrUs. For a typical facility with 123 residents, 41 (33%) of whom are at moderate or high risk of developing PrUs, the total economic benefit is estimated to be $453 daily for 3-hour or $686 daily for 4-hour repositioning. For Ontario as a whole, assuming that there are 77,933 residents at 634 LTC facilities, 25,927 (33%) of whom are at moderate or high risk of developing PrUs, the total economic benefits of switching to 3-hour or 4-hour repositioning are estimated to be $286,420 or $433,913 daily, respectively, equivalent to $104.5 million or $158.4 million per year. We did not consider the savings the Ontario Ministry of Health and Long-Term Care might incur should less frequent repositioning reduce the incidence of work-related injury among nursing staff, so our findings are potentially conservative. A switch to 3-hour or 4-hour repositioning appears likely to yield substantial economic benefits to Ontario without placing residents at greater risk of developing PrUs.

  12. Economic effectiveness of disease management programs: a meta-analysis.

    Science.gov (United States)

    Krause, David S

    2005-04-01

    The economic effectiveness of disease management programs, which are designed to improve the clinical and economic outcomes for chronically ill individuals, has been evaluated extensively. A literature search was performed with MEDLINE and other published sources for the period covering January 1995 to September 2003. The search was limited to empirical articles that measured the direct economic outcomes for asthma, diabetes, and heart disease management programs. Of the 360 articles and presentations evaluated, only 67 met the selection criteria for meta-analysis, which included 32,041 subjects. Although some studies contained multiple measurements of direct economic outcomes, only one average effect size per study was included in the meta-analysis. Based on the studies included in the research, a meta-analysis provided a statistically significant answer to the question of whether disease management programs are economically effective. The magnitude of the observed average effect size for equally weighted studies was 0.311 (95% CI = 0.272-0.350). Statistically significant differences of effect sizes by study design, disease type and intensity of disease management program interventions were not found after a moderating variable, disease severity, was taken into consideration. The results suggest that disease management programs are more effective economically with severely ill enrollees and that chronic disease program interventions are most effective when coordinated with the overall level of disease severity. The findings can be generalized, which may assist health care policy makers and practitioners in addressing the issue of providing economically effective care for the growing number of individuals with chronic illness.

  13. Marketing and Economic Analysis of Potatoes Irradiation in Egypt

    International Nuclear Information System (INIS)

    El-Khateeb, M.A.; El-Hayawan, H.

    1999-01-01

    The aim of this work is to examine the marketing, economic and financial feasibility of a project for potatoes irradiation in Egypt. The Egyptian market of potatoes was described and analyzed considering the production size distributed over several years, methods of preservation and storage, percentage of loss and cost for each method, distribution channels and packing materials. The financial and economic analysis of the establishment of a pallet conveyor unit for the irradiation of potatoes was also carried out . The following investment criteria were utilized for the commercial evaluation : benefit - cost radio , payback period, average rate of return and net present value . The results of this analysis showed that the installation of a unit for the irradiation of potatoes in Egypt would be economically viable. The unit of irradiation would decline if the irradiator is used as a multipurpose facility

  14. Economic analysis of needs the training of human resources

    Directory of Open Access Journals (Sweden)

    Buha Vesna V.

    2015-01-01

    Full Text Available The issue of lifelong learning is linked to the voluntary and motivated to seek knowledge from personal or organizational reasons. The fact that an individual learns driven by personal career goals, desire for self improvement and motivation refers to the importance of lifelong learning for the entire social inclusion, sustainability, and competitiveness and employment. The common denominator of all the problems of investment in education is an issue of increasing allocations to the social issues, the pace that in this area manifest needs. Relative resource constraints requires that the investment in professional development taking place in accordance with the expected contribution to the creation of new value, increase productivity and social development of society as a whole. Respecting this request, in general, should provide maximum socio-economic effects with minimal investment. Precise measurement is achieved by tools of economic analysis: cost & benefit, economic sensitivity analysis, risk assessment.

  15. Marketing and economic analysis of mango irradiation processing in egypt

    International Nuclear Information System (INIS)

    Elkhateeb, M.A.

    2004-01-01

    The aim of this work is to examine the marketing and economic feasibility of a project for mango irradiation in Egypt. The Egyptian market was analyzed considering the production size and cultivated area distributed over several years,the percentage of the total loss of mango that can be avoided by irradiation, the market tests in Egypt and other countries was presented and the normal distribution channels of mango when using radiation technology. The financial and economic analysis of the establishment of pallet carrier unite for the irradiation of mango was also carried out. The following investment criteria were utilized for the commercial evaluation: benefit-cost ratio, pay back period, average rate of return and net present value. The results of this analysis showed that the installation of a unit for the irradiation of mango in Egypt would be economically viable. The unit cost of irradiation would decline if the irradiator is be used as a multipurpose facility

  16. Marketing and Economic Analysis of Garlic Irradiation in Egypt

    International Nuclear Information System (INIS)

    El-Khateeb, M.A.

    2000-01-01

    The aim of this work is to examine the marketing , economic and financial feasibility of a project for garlic irradiation in Egypt. The Egyptian market of garlic was described and analyzed considering the production size distributed over several years, methods of preservation and storage, percentage of loss and cost for each method and distribution channels. The financial and economic analysis of the establishment of A tote Box unit for the irradiation of garlic was also carried out. The following investment criteria were utilized for the commercial evaluation : benefit-cost ratio, payback period, average rate of return and net present value. The results of this analysis showed that the installation of a unit for the irradiation of garlic in Egypt would be economically viable. The unit cost of irradiation would decline if the irradiator is used as a multipurpose facility

  17. How is an analysis of the enterprise economic environment done?

    Directory of Open Access Journals (Sweden)

    Carlos Parodi Trece

    2015-09-01

    Full Text Available The proper interpretation of the evolution of the economy is a useful tool to improve corporate decision-making. The aim of this paper is to explain, with examples applied to the current economic reality, how an analysis of the economic environment is made and how it serves for the corporate strategic planning. To do this, after the explanation of the overall conceptual framework; gross domestic product, inflation and external deficit as indicators, key in the "language" used by analysts are defined. These are economic indicators, related, that depend on domestic policy and exogenous shocks, defined as events that are out of the hands of economic policy designers, but that influence the three variables, such as the international financial crisis. Following it, the formalization through macroeconomic identities is made, in order to finally explain "how is the economy" through them; and the relationship between the internal to the external economic environment. Bringing the economy to business should be a priority in an increasingly integrated context, characterized by the fact that the positive and the negative of what happens in the world economy is transmitted through various channels, to companies located in different countries. Hence, companies should broaden their vision, as the economic environment does not only include what happens within the country, but the future of the world economy.

  18. Equilibrium thermodynamics

    CERN Document Server

    de Oliveira, Mário J

    2017-01-01

    This textbook provides an exposition of equilibrium thermodynamics and its applications to several areas of physics with particular attention to phase transitions and critical phenomena. The applications include several areas of condensed matter physics and include also a chapter on thermochemistry. Phase transitions and critical phenomena are treated according to the modern development of the field, based on the ideas of universality and on the Widom scaling theory. For each topic, a mean-field or Landau theory is presented to describe qualitatively the phase transitions. These theories include the van der Waals theory of the liquid-vapor transition, the Hildebrand-Heitler theory of regular mixtures, the Griffiths-Landau theory for multicritical points in multicomponent systems, the Bragg-Williams theory of order-disorder in alloys, the Weiss theory of ferromagnetism, the Néel theory of antiferromagnetism, the Devonshire theory for ferroelectrics and Landau-de Gennes theory of liquid crystals. This new edit...

  19. Environmental/Economic Analysis and Recycling of Wastes from Air ...

    African Journals Online (AJOL)

    Environmental and economic analysis was performed on the wastes from Air Liquid Nigeria Ltd. The company's waste water, spent oil, noise and air pollutants were examined. Results show no serious adverse impact on the ambient air quality. There was serious noise pollution problem around the factory hall and generator ...

  20. Economic Analysis. Volume V. Course Segments 65-79.

    Science.gov (United States)

    Sterling Inst., Washington, DC. Educational Technology Center.

    The fifth volume of the multimedia, individualized course in economic analysis produced for the United States Naval Academy covers segments 65-79 of the course. Included in the volume are discussions of monopoly markets, monopolistic competition, oligopoly markets, and the theory of factor demand and supply. Other segments of the course, the…

  1. Economic Analysis of Small Scale Egg Production in Gombe Local ...

    African Journals Online (AJOL)

    This study was conducted to determine the economic profitability of small-scale egg production in Gombe L.G.A. Gombe State. Data were collected from 36 famers using simple random sampling technique. The data collected were analyzed using descriptive statistics, gross margin and farm financial ratio analysis. The study ...

  2. Fire in longleaf pine stand management: an economic analysis

    Science.gov (United States)

    Rodney L. Busby; Donald G. Hodges

    1999-01-01

    A simulation analysis of the economics of using prescribed fire as a forest management tool in the management of longleaf pine (Pinus palustris Mill.) plantations was conducted. A management regime using frequent prescribed fire was compared to management regimes involving fertilization and chemical release, chemical control, and mechanical control. Determining the...

  3. An Economic Analysis Of Corruption In Nigeria | Ben | Journal of ...

    African Journals Online (AJOL)

    The bane of the Nigerian economy has been mainly corruption in all sectors. This work is an in depth analysis on the meaning, kinds, causes and the economic implications to the country. It x-rayed how various leaders past and present have contributed to the underdevelopment of the country through corruption and proffers ...

  4. Economic analysis of wildlife conservation in crop farming

    NARCIS (Netherlands)

    Wenum, van J.H.

    2002-01-01

    The general objective of this thesis was to present an economic analysis of wildlife conservation in Dutch crop farming. This general objective was broken down into 5 specific research objectives around which the research was organised: (1) selection and definition of appropriate indicators for

  5. Natural disasters and economic growth: A meta-analysis

    NARCIS (Netherlands)

    Klomp, J.G.; Valckx, K.

    2014-01-01

    Using more than 750 estimates, we perform a meta-regression analysis of studies examining the relationship between economic growth per capita and natural disasters. The studies considered are very different with respect to the type of disasters considered, the sample of countries and time periods

  6. Differential Equation of Equilibrium

    African Journals Online (AJOL)

    user

    ABSTRACT. Analysis of underground circular cylindrical shell is carried out in this work. The forth order differential equation of equilibrium, comparable to that of beam on elastic foundation, was derived from static principles on the assumptions of P. L Pasternak. Laplace transformation was used to solve the governing ...

  7. Functional and physical molecular size of the chicken hepatic lectin determined by radiation inactivation and sedimentation equilibrium analysis

    International Nuclear Information System (INIS)

    Steer, C.J.; Osborne, J.C. Jr.; Kempner, E.S.

    1990-01-01

    Radiation inactivation and sedimentation equilibrium analysis were used to determine the functional and physical size of the chicken hepatic membrane receptor that binds N-acetylglucosamine-terminated glycoproteins. Purified plasma membranes from chicken liver were irradiated with high energy electrons and assayed for 125I-agalactoorosomucoid binding. Increasing the dose of ionizing radiation resulted in a monoexponential decay in binding activity due to a progressive loss of binding sites. The molecular mass of the chicken lectin, determined in situ by target analysis, was 69,000 +/- 9,000 Da. When the same irradiated membranes were solubilized in Brij 58 and assayed, the binding protein exhibited a target size of 62,000 +/- 4,000 Da; in Triton X-100, the functional size of the receptor was 85,000 +/- 10,000 Da. Sedimentation equilibrium measurements of the purified binding protein yielded a lower limit molecular weight of 79,000 +/- 7,000. However, the solubilized lectin was detected as a heterogeneous population of oligomers with molecular weights as high as 450,000. Addition of calcium or calcium plus N-acetylglucosamine decreased the higher molecular weight species, but the lower limit molecular weights remained invariant. Similar results were determined when the chicken lectin was solubilized in Brij 58, C12E9, or 3-[(3-cholamidopropyl)dimethylammonio]-1-propane-sulfonic acid (CHAPS). Results from the present study suggest that in the plasma membrane, the functional species of the chicken hepatic lectin exists as a trimer. However, in detergent solution, the purified receptor forms a heterogeneous population of irreversible oligomers that exhibit binding activity proportional to size

  8. Economic Efficiencyo on Limited Liability Companies: some Considerations on Economic Analysis of Law

    Directory of Open Access Journals (Sweden)

    Martinho Martins Botelho

    2016-12-01

    Full Text Available This paper presents briefly a theoretical approach about limited efficiency from the perspective Economic Analysis of Law (EAL of the limited liability company by examining initially the question of limited liability, under the scrutiny of the pro-rata theory and model manager-investor.  It approaches the liability of directors of corporations incorporated in the form of a limited company. Subsequently, its theoretical approaches are about the analysis of the first generation of agency theory (contract manager-investor incentives, the hypothesis of Modigliani-Miller irrelevance, and structures of great property.

  9. Economic Optimization Analysis of Chengdu Electric Community Bus Operation

    Science.gov (United States)

    Yidong, Wang; Yun, Cai; Zhengping, Tan; Xiong, Wan

    2018-03-01

    In recent years, the government has strongly supported and promoted electric vehicles and has given priority to demonstration and popularization in the field of public transport. The economy of public transport operations has drawn increasing attention. In this paper, Chengdu wireless charging pure electric community bus is used as the research object, the battery, air conditioning, driver’s driving behavior and other economic influence factors were analyzed, and optimizing the operation plan through case data analysis, through the reasonable battery matching and mode of operation to help businesses effectively save operating costs and enhance economic efficiency.

  10. Equilibrium and non equilibrium in fragmentation

    International Nuclear Information System (INIS)

    Dorso, C.O.; Chernomoretz, A.; Lopez, J.A.

    2001-01-01

    Full text: In this communication we present recent results regarding the interplay of equilibrium and non equilibrium in the process of fragmentation of excited finite Lennard Jones drops. Because the general features of such a potential resemble the ones of the nuclear interaction (fact that is reinforced by the similarity between the EOS of both systems) these studies are not only relevant from a fundamental point of view but also shed light on the problem of nuclear multifragmentation. We focus on the microscopic analysis of the state of the fragmenting system at fragmentation time. We show that the Caloric Curve (i e. the functional relationship between the temperature of the system and the excitation energy) is of the type rise plateau with no vapor branch. The usual rise plateau rise pattern is only recovered when equilibrium is artificially imposed. This result puts a serious question on the validity of the freeze out hypothesis. This feature is independent of the dimensionality or excitation mechanism. Moreover we explore the behavior of magnitudes which can help us determine the degree of the assumed phase transition. It is found that no clear cut criteria is presently available. (Author)

  11. [Economic analysis of multinational clinical trials in oncology].

    Science.gov (United States)

    Lejeune, Catherine; Lueza, Béranger; Bonastre, Julia

    2018-02-01

    In oncology, as in other fields of medicine, international multicentre clinical trials came into being so as to include a sufficient number of subjects to investigate a clinical situation. The existence of tight budgetary constraints and the desire to make the best use of the resources available have resulted in the development of economic evaluations associated with these trials, which, thanks to their level of evidence and their size, provide particularly relevant material. Nonetheless, economic evaluations alongside international clinical trials raise specific questions of methodology with regard to both the design and the analysis of the results. Indeed, the costs of goods and services consumed, the types and quantities of resources, and medical practices vary from one country to another and within an individual country. Economic data from the different countries involved must be available so as to study and to take into account this variability, and appropriate techniques for cost estimations and analysis must be implemented to aggregate the results from several countries. From a review of the literature, the aim of this work was to provide an overview of the specific methodological features of economic evaluations alongside international clinical trials: analysis of efficacy data from several countries, collection of resources and real costs, methods to establish the monetary value of resources, methods to aggregate results accounting for the trial effect. Copyright © 2017 Société Française du Cancer. Published by Elsevier Masson SAS. All rights reserved.

  12. ANALYSIS OF OPTION FOR ENTREPRENEURSHIP OF STUDENTS STUDYING ECONOMICS

    Directory of Open Access Journals (Sweden)

    Camelia, VECHIU

    2014-11-01

    Full Text Available Entrepreneurship is important, entrepreneur plays a major role at micro and maroeconomic level. Entrepreneur is the manager and employee at the same time, is leader and innovator, his company provides products and services that society needs. Europe needs more entrepreneurs and those who want to follow the path of entrepreneurship needs to face multiple challenges that can be overcome when the future entrepreneur benefit from a complex entrepreneurship education. This paper aims, through applied questionnaire, to identify whether future economists are determined to choose the path of entrepreneurship and start a business on their own. Also, we wanted to identify the obstacles that interviewees consider that you have to struggle to start their business. We applied a questionnaire to students, final year bachelor's degree, studying economics. They were chosen because during the three years study several economic disciplines: microeconomics, macroeconomics, management, accounting, finance, law, economic analysis, the national economy, European policy.

  13. Economic growth and energy consumption in Algeria: a causality analysis

    International Nuclear Information System (INIS)

    Cherfi, S.

    2011-01-01

    The purpose of this study is to review the causal link in the Granger sense, between energy consumption and economic growth in Algeria, to determine its implications for economic policy. The analysis was done based on Granger static and causality tests using statistical data on per capita primary energy consumption and gross domestic product per inhabitant in Algeria, over the 1965-2008 period. The results of the survey show that there is, in Algeria, a strong link between energy consumption per inhabitant and GDP per inhabitant. The results also suggest the lack of a long term impetus (no co-integration) between energy consumption and economic growth. In addition, there is a one-way causal link between GDP and energy consumption, i.e. the prior GDP data provides a better forecast of energy consumption level, but not the contrary. In other words, GDP explains consumption, not the contrary. (author)

  14. Economics.

    Science.gov (United States)

    Palley, Paul D; Parcero, Miriam E

    2016-10-01

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

  15. Analysis of the impacts of the J-TEXT TBM mock-up on the equilibrium magnetic field

    Energy Technology Data Exchange (ETDEWEB)

    Zhang, Zhengqing [State Key Laboratory of Advanced Electromagnetic Engineering and Technology, and College of Electrical and Electronic Engineering, Huazhong University of Science and Technology, Wuhan 430074 (China); Rao, Bo, E-mail: borao@hust.edu.cn [State Key Laboratory of Advanced Electromagnetic Engineering and Technology, and College of Electrical and Electronic Engineering, Huazhong University of Science and Technology, Wuhan 430074 (China); Zhang, Ming; Zhang, Jun [State Key Laboratory of Advanced Electromagnetic Engineering and Technology, and College of Electrical and Electronic Engineering, Huazhong University of Science and Technology, Wuhan 430074 (China); Wang, Weihua [Institute of Plasma Physics, Chinese Academy of Sciences, Hefei 230031 (China); New Star Institute of Applied Technology, Hefei 230031 (China); Liu, Sumei [Institute of Plasma Physics, Chinese Academy of Sciences, Hefei 230031 (China); School of Engineering,Anhui Agricultural University, Hefei 230036 (China)

    2016-11-01

    Highlights: • J-TEXT TBM mock-up was designed and fabricated to test and study the distribution of eddy current, electromagnetic and thermal load on the TBM during plasma disruption. • This paper focuses on evaluating the influence of the TBM structural material (RAMF steel) to tokamak discharge and security. The simulation data presents a relatively complete assessment of impacts of the J-TEXT TBM mock-up on the equilibrium magnetic field. • The conclusion of the simulation will offer the guidance for installation interface design of the TBM mock-up. - Abstract: The Test Blanket Module (TBM) will be used in the test port of ITER to demonstrate tritium self-sufficiency and the extraction of high grade heat for electricity production. J-TEXT TBM mock-up using reduced activation ferritic/martensitic (RAFM) steel as structural material was designed and fabricated to perform and validate relevant electromagnetic and thermal technologies of the China Helium-Cooled Ceramic Breeder Test Blanket Module (CN HCCB-TBM) on the J-TEXT. Its size is one third of the CN HCCB-TBM. By using the finite element analysis technology, this paper analyzed the impacts on the equilibrium magnetic field over the plasma region after introducing the structure material RAFM steel. The distribution of toroidal field (TF) ripple and the magnitude of the error field with the mock-up at different positions were given. Simulation shows the distribution of the null field region formed by poloidal field (PF). The influence to tokamak discharge has been evaluated by drawing the magnetic field lines. Based on the results above, we have optimized and finished the installation of the mock-up to J-TEXT which meets the needs of the experiments and to ensure the normal discharge.

  16. Analysis of chemical equilibrium of silicon-substituted fluorescein and its application to develop a scaffold for red fluorescent probes.

    Science.gov (United States)

    Hirabayashi, Kazuhisa; Hanaoka, Kenjiro; Takayanagi, Toshio; Toki, Yuko; Egawa, Takahiro; Kamiya, Mako; Komatsu, Toru; Ueno, Tasuku; Terai, Takuya; Yoshida, Kengo; Uchiyama, Masanobu; Nagano, Tetsuo; Urano, Yasuteru

    2015-09-01

    Fluorescein is a representative green fluorophore that has been widely used as a scaffold of practically useful green fluorescent probes. Here, we report synthesis and characterization of a silicon-substituted fluorescein, i.e., 2-COOH TokyoMagenta (2-COOH TM), which is a fluorescein analogue in which the O atom at the 10' position of the xanthene moiety of fluorescein is replaced with a Si atom. This fluorescein analogue forms a spirolactone ring via intramolecular nucleophilic attack of the carboxylic group in a pH-dependent manner. Consequently, 2-COOH TM exhibits characteristic large pH-dependent absorption and fluorescence spectral changes: (1) 2-COOH TM is colorless at acidic pH, whereas fluorescein retains observable absorption and fluorescence even at acidic pH, and the absorption maximum is also shifted; (2) the absorption spectral change occurs above pH 7.0 for 2-COOH TM and below pH 7.0 for fluorescein; (3) 2-COOH TM shows a much sharper pH response than fluorescein because of its pKa inversion, i.e., pKa1 > pKa2. These features are also different from those of a compound without the carboxylic group, 2-Me TokyoMagenta (2-Me TM). Analysis of the chemical equilibrium between pH 3.0 and 11.0 disclosed that 2-COOH TM favors the colorless and nonfluorescent lactone form, compared with fluorescein. Substitution of Cl atoms at the 4' and 5' positions of the xanthene moiety of 2-COOH TM to obtain 2-COOH DCTM shifted the equilibrium so that the new derivative exists predominantly in the strongly fluorescent open form at physiological pH (pH 7.4). To demonstrate the practical utility of 2-COOH DCTM as a novel scaffold for red fluorescent probes, we employed it to develop a probe for β-galactosidase.

  17. Economic Impacts Analysis of Shale Gas Investment in China

    Science.gov (United States)

    Han, Shangfeng; Zhang, Baosheng; Wang, Xuecheng

    2018-01-01

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

  18. The Impact of Productivity Increasing in Indonesian Maritim Sector: General Equilibrium Analysis

    Directory of Open Access Journals (Sweden)

    Widyastutik Widyastutik

    2016-09-01

    Full Text Available The increase in productivity in the maritime sector will realize the maritime sector as a prime mover. This study aims to analyze the impact of the maritime sector productivity improvement on the performance of the economy. This research simulates increased productivity in the maritime sector (consisting of the fisheries, oil, gas sub-sector and marine transport services sector using the Global Trade Analysis Project (GTAP version 8. Simulation analysis showed an increase in productivity in the maritime sector has a positive impact on welfare, real GDP, and trade balance of Indonesia. However, the impact of the increase in productivity is not followed by an increase in output in all sectors. This indicates that if the increase in productivity occurs only in the maritime sector alone without being followed by an increase in productivity in other sectors, the sectoral performance is not optimal.DOI: 10.15408/sjie.v5i2.3403

  19. ANALYSIS OF THE SOCIO-ECONOMIC DEVELOPMENT OF UKRAINIAN REGIONS

    Directory of Open Access Journals (Sweden)

    Оlena Kozyreva

    2017-11-01

    Full Text Available For a long period of time from 1991 to 2016, the socio-economic development of Ukrainian regions was characterized by enhanced differentiation and persistent inequality. Permanent preservation of the gap between the maximum and minimum values of indicators of socio-economic development of regions, in particular, the GRP per capita (8.8 times in 2014; disposable income of populace (10.3% in 2015; unemployment rate according to ILO methodology (in 2.8 times in January-September 2016, the volume of realized industrial products (38,9 times in January-September 2016 indicate the persistence of centre-periphery relations between regions in the economic space of the country. This situation reduces the overall efficiency of the economy, which is reflected by the decline of Ukraine’s position in the rankings of international organizations. According to the global competitiveness index in 2015, Ukraine has shifted from 76 to 79 place compared with 2014, according to the Index of Human Development, there was a slight increase from 83 to 81 place. To crown it all, taking into account the complexity of modern processes of Ukrainian regions’ socio-economic development, the total assessment of determination of Ukrainian regions’ levels of socio-economic development is required. The purpose of the article implies prompting the research results of determining the problem concerning the consolidated assessment of the socio-economic development of Ukrainian regions. Methodology. The article examines the processes of socio-economic development of Ukrainian regions and offers an analytical scheme of identification stage of problematic of the regions’ socioeconomic development. The article justifies a system of partial indicators and on its basis calculates the integral and generalizing indicators of economic and social development of Ukrainian regions. Analysis of recent researches and publications. Issues of spatial development of the country’s regions

  20. Economism

    Directory of Open Access Journals (Sweden)

    P. Simons

    2010-07-01

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

  1. Economic analysis in medical education: definition of essential terms.

    Science.gov (United States)

    Walsh, Kieran

    2014-10-01

    Medical education is expensive. There is a growing interest in the subject of cost and value in medical education. However, in the medical education literature, terms are sometimes used loosely - and so there is a need for basic grounding in the meaning of commonly used and important terms in medical education economics. The purpose of this article is to define some terms that are frequently used in economic analysis in medical education. In this article, terms are described, and the descriptions are followed by a worked example of how the terms might be used in practice. The following terms are described: opportunity cost, total cost of ownership, sensitivity analysis, viewpoint, activity-based costing, efficiency, technical efficiency, allocative efficiency, price and transaction costs.

  2. An Economic Analysis of Color-Blind Affirmative Action

    OpenAIRE

    Tolga Yuret

    2008-01-01

    This article offers an economic analysis of color-blind alternatives to conventional affirmative action policies in higher education, focusing on efficiency issues. When the distribution of applicants' traits is fixed (i.e., in the short-run) color blindness leads colleges to shift weight from academic traits that predict performance to social traits that proxy for race. Using data on matriculates at several selective colleges and universities, we estimate that the short-run efficiency cost o...

  3. Economic analysis of emerald ash borer (Coleoptera: Buprestidae) management options.

    Science.gov (United States)

    Vannatta, A R; Hauer, R H; Schuettpelz, N M

    2012-02-01

    Emerald ash borer, Agrilus planipennis (Fairmaire) (Coleoptera: Buprestidae), plays a significant role in the health and extent of management of native North American ash species in urban forests. An economic analysis of management options was performed to aid decision makers in preparing for likely future infestations. Separate ash tree population valuations were derived from the i-Tree Streets program and the Council of Tree and Landscape Appraisers (CTLA) methodology. A relative economic analysis was used to compare a control option (do-nothing approach, only removing ash trees as they die) to three distinct management options: 1) preemptive removal of all ash trees over a 5 yr period, 2) preemptive removal of all ash trees and replacement with comparable nonash trees, or 3) treating the entire population of ash trees with insecticides to minimize mortality. For each valuation and management option, an annual analysis was performed for both the remaining ash tree population and those lost to emerald ash borer. Retention of ash trees using insecticide treatments typically retained greater urban forest value, followed by doing nothing (control), which was better than preemptive removal and replacement. Preemptive removal without tree replacement, which was the least expensive management option, also provided the lowest net urban forest value over the 20-yr simulation. A "no emerald ash borer" scenario was modeled to further serve as a benchmark for each management option and provide a level of economic justification for regulatory programs aimed at slowing the movement of emerald ash borer.

  4. Economic analysis of coal price-electricity price adjustment in China based on the CGE model

    International Nuclear Information System (INIS)

    He, Y.X.; Zhang, S.L.; Yang, L.Y.; Wang, Y.J.; Wang, J.

    2010-01-01

    In recent years, coal price has risen rapidly, which has also brought a sharp increase in the expenditures of thermal power plants in China. Meantime, the power production price and power retail price have not been adjusted accordingly and a large number of thermal power plants have incurred losses. The power industry is a key industry in the national economy. As such, a thorough analysis and evaluation of the economic influence of the electricity price should be conducted before electricity price adjustment is carried out. This paper analyses the influence of coal price adjustment on the electric power industry, and the influence of electricity price adjustment on the macroeconomy in China based on computable general equilibrium models. The conclusions are as follows: (1) a coal price increase causes a rise in the cost of the electric power industry, but the influence gradually descends with increase in coal price; and (2) an electricity price increase has an adverse influence on the total output, Gross Domestic Product (GDP), and the Consumer Price Index (CPI). Electricity price increases have a contractionary effect on economic development and, consequently, electricity price policy making must consequently consider all factors to minimize their adverse influence.

  5. Analysis of three-phase equilibrium conditions for methane hydrate by isometric-isothermal molecular dynamics simulations

    Science.gov (United States)

    Yuhara, Daisuke; Brumby, Paul E.; Wu, David T.; Sum, Amadeu K.; Yasuoka, Kenji

    2018-05-01

    To develop prediction methods of three-phase equilibrium (coexistence) conditions of methane hydrate by molecular simulations, we examined the use of NVT (isometric-isothermal) molecular dynamics (MD) simulations. NVT MD simulations of coexisting solid hydrate, liquid water, and vapor methane phases were performed at four different temperatures, namely, 285, 290, 295, and 300 K. NVT simulations do not require complex pressure control schemes in multi-phase systems, and the growth or dissociation of the hydrate phase can lead to significant pressure changes in the approach toward equilibrium conditions. We found that the calculated equilibrium pressures tended to be higher than those reported by previous NPT (isobaric-isothermal) simulation studies using the same water model. The deviations of equilibrium conditions from previous simulation studies are mainly attributable to the employed calculation methods of pressure and Lennard-Jones interactions. We monitored the pressure in the methane phase, far from the interfaces with other phases, and confirmed that it was higher than the total pressure of the system calculated by previous studies. This fact clearly highlights the difficulties associated with the pressure calculation and control for multi-phase systems. The treatment of Lennard-Jones interactions without tail corrections in MD simulations also contributes to the overestimation of equilibrium pressure. Although improvements are still required to obtain accurate equilibrium conditions, NVT MD simulations exhibit potential for the prediction of equilibrium conditions of multi-phase systems.

  6. Analysis of three-phase equilibrium conditions for methane hydrate by isometric-isothermal molecular dynamics simulations.

    Science.gov (United States)

    Yuhara, Daisuke; Brumby, Paul E; Wu, David T; Sum, Amadeu K; Yasuoka, Kenji

    2018-05-14

    To develop prediction methods of three-phase equilibrium (coexistence) conditions of methane hydrate by molecular simulations, we examined the use of NVT (isometric-isothermal) molecular dynamics (MD) simulations. NVT MD simulations of coexisting solid hydrate, liquid water, and vapor methane phases were performed at four different temperatures, namely, 285, 290, 295, and 300 K. NVT simulations do not require complex pressure control schemes in multi-phase systems, and the growth or dissociation of the hydrate phase can lead to significant pressure changes in the approach toward equilibrium conditions. We found that the calculated equilibrium pressures tended to be higher than those reported by previous NPT (isobaric-isothermal) simulation studies using the same water model. The deviations of equilibrium conditions from previous simulation studies are mainly attributable to the employed calculation methods of pressure and Lennard-Jones interactions. We monitored the pressure in the methane phase, far from the interfaces with other phases, and confirmed that it was higher than the total pressure of the system calculated by previous studies. This fact clearly highlights the difficulties associated with the pressure calculation and control for multi-phase systems. The treatment of Lennard-Jones interactions without tail corrections in MD simulations also contributes to the overestimation of equilibrium pressure. Although improvements are still required to obtain accurate equilibrium conditions, NVT MD simulations exhibit potential for the prediction of equilibrium conditions of multi-phase systems.

  7. Economic analysis of potential uses of geothermal energy in agriculture

    Energy Technology Data Exchange (ETDEWEB)

    Cone, B.W.

    1978-02-01

    The economic feasibility and water quality considerations of the cultural practice of soil warming was evaluated using existing technical, agronomic, and economic data. It was hypothesized that it is technically and economically feasible to use geothermal energy in the cultural practice of soil warming for specific crops. The analysis attempted to reject the hypothesis. Since the hypothesis could not be rejected, the results are presented as a profit equation suitable for inclusion in the GEOCOST computer program. This determination of economic feasibility utilized heterogeneous crop yield data by comparing the elasticity of response with a normalized product-factor price ratio. Soil warming was determined to be feasible when the elasticity of production was equal to or greater than the normalized product-factor price ratio. A farm enterprise was determined profitable if net returns were positive. An empirical model in which the energy dissipation rate is a function of the difference between heat source temperature and mean monthly air temperature was transformed to utilize data describing the total heat applied during the growing season. Heat input was then measured as the total number of calories per square centimeter applied during the growing season.

  8. Trade Liberalization and Climate Change: A Computable General Equilibrium Analysis of the Impacts on Global Agriculture

    Directory of Open Access Journals (Sweden)

    Katrin Rehdanz

    2011-05-01

    Full Text Available Based on predicted changes in the magnitude and distribution of global precipitation, temperature and river flow under the A1B and A2 scenarios of the Intergovernmental Panel on Climate Change Special Report on Emissions Scenarios (IPCC SRES, this study assesses the potential impacts of climate change and CO2 fertilization on global agriculture, and its interactions with trade liberalization, as proposed for the Doha Development Round. The analysis uses the new version of the GTAP-W model, which distinguishes between rainfed and irrigated agriculture and implements water as an explicit factor of production for irrigated agriculture. Significant reductions in agricultural tariffs lead to modest changes in regional water use. Patterns are non-linear. On the regional level, water use may go up for partial liberalization, and down for more complete liberalization. This is because different crops respond differently to tariff reductions, and because trade and competition matter too. Moreover, trade liberalization tends to reduce water use in water scarce regions, and increase water use in water abundant regions, even though water markets do not exist in most countries. Considering impacts of climate change, the results show that global food production, welfare and GDP fall over time while food prices increase. Larger changes are observed under the SRES A2 scenario for the medium term (2020 and under the SRES A1B scenario for the long term (2050. Combining scenarios of future climate change with trade liberalization, countries are affected differently. However, the overall effect on welfare does not change much.

  9. Socio-economic impact analysis of new AECB regulations

    International Nuclear Information System (INIS)

    Rochman, E.H.

    1985-06-01

    The federal government's Socio-Economic Impact Analysis (SEIA) policy has been in effect since 1978. Under this policy, all new or amended regulations concerning health, safety, or fairness are subjected to a screening exercise which determines whether the regulations are 'major' or 'minor'. The costs and benefits of major regulations are analyzed in depth. This paper describes the SEIA policy and explains some of the basic concepts. Then the steps the Atomic Energy Control Board (AECB) follows in the analysis of new regulations are summarized. Finally, the AECB's past and forthcoming experience with the SEIA policy is discussed

  10. [Economic analysis of health promotion conducted in an enterprise].

    Science.gov (United States)

    Wang, Zhi-chun; Yang, Xue-ying; Kang, Wen-long; Wang, Wen-jing

    2013-12-01

    To take intervention measures for health promotion after investigation of occupational health needs among employees, to analyze the economic input and output of the intervention measures, and to analyze the feasibility of health promotion through cost-effectiveness analysis and cost-benefit analysis. A survey was conducted in an enterprise using a self-designed questionnaire to investigate the general information on enterprise, occupational history of each employee, awareness of occupational health knowledge, awareness of general health knowledge, awareness of hypertension, acquired immune deficiency syndrome, etc., lifestyle, and needs for health knowledge. Intervention measures were taken in the enterprise according to the investigation results, and then investigation and economic analysis of investment in health promotion, economic benefit, and absence of employees were performed using the questionnaire. After intervention, the awareness rate of the Code of Occupational Disease Prevention increased from 4.5% to 15.3%, the awareness rate of the definition of occupational diseases increased from 4.5% to 73.5%, and the awareness rate of the prevention and control measures for occupational diseases increased from 38.4% to 85.8%. Before intervention, 25.4%of all employees thought salt intake needed to be reduced, and this proportion increased to 92.5% after intervention. After the control strategy for health promotion, the benefit of health promotion that results from avoiding absence of employees and preventing occupational diseases was more than ten times the investment in health promotion, suggesting a significant benefit of health promotion conducted in the enterprise. The return on health promotion's investment for enterprise is worth. Health promotion really not just contribute to improve hygienic knowledge but increase the economic benefit.

  11. Economic and policy analysis for solar PV systems in Indiana

    International Nuclear Information System (INIS)

    Jung, Jinho; Tyner, Wallace E.

    2014-01-01

    In recent years, the energy market in the US and globally is expanding the production of renewable energy. Solar energy for electricity is also expanding in the US. Indiana is one of the states expanding solar energy with solar photovoltaic (PV) systems. Therefore, we conduct benefit cost analysis with several uncertain input variables to determine the economics of adopting solar PV systems in Indiana based on policy instruments that could increase adoption of solar PV systems. The specific objectives are analyses of the cost distribution of solar PV systems compared with grid electricity in homes and estimating the probability that solar can be cheaper than electricity from grids under different policy combinations. We first do the analysis under current policy and then the analysis under potential policy options for a variety of scenarios. Also, the results inform government policy makers on how effective the alternative policies for encouraging solar PV systems are. The results show that current policies are important in reducing the cost of solar PV systems. However, with current policies, there is only 50–50 chance of solar being cheaper than electricity from grids. If potential policies are implemented, solar PV systems can be more economical than grid electricity. - Highlights: • We investigate the economics of solar PV systems based on policy instruments. • We do scenario analyses under different combinations of policies. • We examine the probability of solar being cheaper than grid electricity for each scenario. • With current policies, there is 50–50 chance of solar being cheaper than the grid. • With depreciation and carbon tax, solar is much more economical than the grid

  12. ANALYSIS OF ECONOMIC GAPS BETWEEN URBAN AND RURAL ROMANIAN AREAS

    Directory of Open Access Journals (Sweden)

    Toader Valentin

    2011-07-01

    Full Text Available In this paper the authors will perform a comparative analysis of the impact that the population residential areas have on the economic and social activity from Romania. Our analysis will be carried out for a time span of 10 years, between 2000 and 2009. The main purposes are to emphasize the economic gaps between the residential areas (urban and rural and to identify the factors that determine these gaps. The economic differences between rural and urban areas and their impact on the peoples standard of living represent an important issue for international institutions like IFRC, UNICEF or OECD. Also, this topic represents a frequent subject in the economic literature from poor and developing countries. Studies conducted by Huong and Booth (2010, Alister, Alana and Ayele (2007, Chao, Zhidong and Mingxing (2008, Mateoc-Srb, Mateoc, Darva?i and Manescu (2008 or Sahn and Stifel (2002 are representative examples. Most of these papers focus on the living standards differences generated by the differences between income and expenditures between urban and rural areas. To achieve our goals, we will use the statistical methods to analyze the data released by the National Institute of Statistics. We will try to find some correlations between the economic indicators household incomes, value and structure of household expenditures, structure of household expenditures the social indicators residential area, education level, age and occupation. The highlight of the gaps between the rural and urban areas will be the main objective during this analysis. We conclude that in Romania there are substantial differences between rural and urban areas. The income differences are determining different consumption patterns between rural and urban persons. In rural areas, the population is spending less in all goods and services aspect that reduce their standard of living. Anyway, the results obtained are the subject of at least two possible limits. The fact that the data

  13. A Bioeconomic Foundation of the Malthusian Equilibrium

    DEFF Research Database (Denmark)

    Dalgaard, Carl-Johan Lars; Strulik, Holger

    equilibrium in a two-dimensional state space characterized by population density and body size (metabolic rate) of the representative adult. As a result, the analysis allows us to examine the link between human biology, economic productivity, body size, and population size. Off the steady-state we investigate...... the possibility of cyclical behavior of the size of a population and the size of its representative member over the very long-run. We also demonstrate that a take-off into sustained growth should be associated with increasing income, population size and body size. The increase in the latter is, however, bounded...

  14. Economics analysis of fuel cycle cost of fusion–fission hybrid reactors based on different fuel cycle strategies

    Energy Technology Data Exchange (ETDEWEB)

    Zu, Tiejun, E-mail: tiejun@mail.xjtu.edu.cn; Wu, Hongchun; Zheng, Youqi; Cao, Liangzhi

    2015-01-15

    Highlights: • Economics analysis of fuel cycle cost of FFHRs is carried out. • The mass flows of different fuel cycle strategies are established based on the equilibrium fuel cycle model. • The levelized fuel cycle costs of different fuel cycle strategies are calculated, and compared with current once-through fuel cycle. - Abstract: The economics analysis of fuel cycle cost of fusion–fission hybrid reactors has been performed to compare four fuel cycle strategies: light water cooled blanket burning natural uranium (Strategy A) or spent nuclear fuel (Strategy B), sodium cooled blanket burning transuranics (Strategy C) or minor actinides (Strategy D). The levelized fuel cycle costs (LFCC) which does not include the capital cost, operation and maintenance cost have been calculated based on the equilibrium mass flows. The current once-through (OT) cycle strategy has also been analyzed to serve as the reference fuel cycle for comparisons. It is found that Strategy A and Strategy B have lower LFCCs than OT cycle; although the LFCC of Strategy C is higher than that of OT cycle when the uranium price is at its nominal value, it would become comparable to that of OT cycle when the uranium price reaches its historical peak value level; Strategy D shows the highest LFCC, because it needs to reprocess huge mass of spent nuclear fuel; LFCC is sensitive to the discharge burnup of the nuclear fuel.

  15. Economic effects on taxing CO2 emissions

    International Nuclear Information System (INIS)

    Haaparanta, P.; Jerkkola, J.; Pohjola, J.

    1996-01-01

    The CO 2 emissions can be reduced by using economic instruments, like carbon tax. This project included two specific questions related to CO 2 taxation. First one was the economic effects of increasing CO 2 tax and decreasing other taxes. Second was the economic adjustment costs of reducing net emissions instead of gross emissions. A computable general equilibrium (CGE) model was used in this analysis. The study was taken place in Helsinki School of Economics

  16. Economic analysis requirements in support of orbital debris regulatory policy

    Science.gov (United States)

    Greenberg, Joel S.

    1996-10-01

    As the number of Earth orbiting objects increases so does the potential for generating orbital debris with the consequent increase in the likelihood of impacting and damaging operating satellites. Various debris remediation approaches are being considered that encompass both in-orbit and return-to-Earth schema and have varying degrees of operations, cost, international competitiveness, and safety implications. Because of the diversity of issues, concerns and long-term impacts, there is a clear need for the setting of government policies that will lead to an orderly abatement of the potential orbital debris hazards. These policies may require the establishment of a supportive regulatory regime. The Department of Transportation is likely to have regulatory responsibilities relating to orbital debris stemming from its charge to protect the public health and safety, safety of property, and national security interests and foreign policy interests of the United States. This paper describes DOT's potential regulatory role relating to orbital debris remediation, the myriad of issues concerning the need for establishing government policies relating to orbital debris remediation and their regulatory implications, the proposed technological solutions and their economic and safety implications. Particular emphasis is placed upon addressing cost-effectiveness and economic analyses as they relate to economic impact analysis in support of regulatory impact analysis.

  17. Automated economic analysis model for hazardous waste minimization

    International Nuclear Information System (INIS)

    Dharmavaram, S.; Mount, J.B.; Donahue, B.A.

    1990-01-01

    The US Army has established a policy of achieving a 50 percent reduction in hazardous waste generation by the end of 1992. To assist the Army in reaching this goal, the Environmental Division of the US Army Construction Engineering Research Laboratory (USACERL) designed the Economic Analysis Model for Hazardous Waste Minimization (EAHWM). The EAHWM was designed to allow the user to evaluate the life cycle costs for various techniques used in hazardous waste minimization and to compare them to the life cycle costs of current operating practices. The program was developed in C language on an IBM compatible PC and is consistent with other pertinent models for performing economic analyses. The potential hierarchical minimization categories used in EAHWM include source reduction, recovery and/or reuse, and treatment. Although treatment is no longer an acceptable minimization option, its use is widespread and has therefore been addressed in the model. The model allows for economic analysis for minimization of the Army's six most important hazardous waste streams. These include, solvents, paint stripping wastes, metal plating wastes, industrial waste-sludges, used oils, and batteries and battery electrolytes. The EAHWM also includes a general application which can be used to calculate and compare the life cycle costs for minimization alternatives of any waste stream, hazardous or non-hazardous. The EAHWM has been fully tested and implemented in more than 60 Army installations in the United States

  18. Economic analysis of radioactive waste storage and disposal projects

    International Nuclear Information System (INIS)

    Kleinen, P.J.; Starnes, R.B.

    1995-01-01

    Radioactive waste storage and disposal efforts present challenging issues for cost and economic analyses. In particular, legal requirements for states and compact areas to develop radioactive waste disposal sites, combined with closure of some sites, have placed urgency on planning, locating, and constructing storage and disposal sites. Cost analyses of potential projects are important to the decision processes. Principal objectives for cost analyses for projects are to identify all activities, covering the entire project life cycle, and to develop costs for those activities using methods that allow direct comparisons between competing project alternatives. For radioactive waste projects, long project lives ranging from tens of years to 100 or more years must be considered. Alternative, and competing, technologies, designs, and operating plans must be evaluated. Thorough base cost estimates must be made for all project phases: planning, development, licensing/permitting, construction, operations, and maintenance, closure, and post-closure/institutional care. Economic analysis procedures need to accommodate the specific features of each project alternative and facilitate cost comparisons between differing alternatives. Economic analysis assumptions must be developed to address the unusually long project lives involved in radioactive waste projects

  19. Integrating economic analysis and the science of climate instability

    International Nuclear Information System (INIS)

    Hall, Darwin C.; Behl, Richard J.

    2006-01-01

    Scientific understanding of climate change and climate instability has undergone a revolution in the past decade with the discovery of numerous past climate transitions so rapid, and so unlike the expectation of smooth climate changes, that they would have previously been unbelievable to the scientific community. Models commonly used by economists to assess the wisdom of adapting to human-induced climate change, rather than averting it, lack the ability to incorporate this new scientific knowledge. Here, we identify and explain the nature of recent scientific advances, and describe the key ways in which failure to reflect new knowledge in economic analysis skews the results of that analysis. This includes the understanding that economic optimization models reliant on convexity are inherently unable to determine an 'optimal' policy solution. It is incumbent on economists to understand and to incorporate the new science in their models, and on climatologists and other scientists to understand the basis of economic models so that they can assist in this essential effort. (author)

  20. Cost-of-illness analysis. What room in health economics?

    Science.gov (United States)

    Tarricone, Rosanna

    2006-06-01

    Cost-of-illness (COI) was the first economic evaluation technique used in the health field. The principal aim was to measure the economic burden of illness to society. Its usefulness as a decision-making tool has however been questioned since its inception. The main criticism came from welfare economists who rejected COIs because they were not grounded in welfare economics theory. Other attacks related to the use of the human capital approach (HCA) to evaluate morbidity and mortality costs since it was said that the HCA had nothing to do with the value people attach to their lives. Finally, objections were made that COI could not be of any help to decision makers and that other forms of economic evaluation (e.g. cost-effectiveness, cost-benefit analysis) would be much more useful to those taking decisions and ranking priorities. Conversely, it is here suggested that COI can be a good economic tool to inform decision makers if it is considered from another perspective. COI is a descriptive study that can provide information to support the political process as well as the management functions at different levels of the healthcare organisations. To do that, the design of the study must be innovative, capable of measuring the true cost to society; to estimate the main cost components and their incidence over total costs; to envisage the different subjects who bear the costs; to identify the actual clinical management of illness; and to explain cost variability. In order to reach these goals, COI need to be designed as observational bottom-up studies.

  1. Oscillation Susceptibility Analysis of the ADMIRE Aircraft along the Path of Longitudinal Flight Equilibriums in Two Different Mathematical Models

    Directory of Open Access Journals (Sweden)

    Achim Ionita

    2009-01-01

    Full Text Available The oscillation susceptibility of the ADMIRE aircraft along the path of longitudinal flight equilibriums is analyzed numerically in the general and in a simplified flight model. More precisely, the longitudinal flight equilibriums, the stability of these equilibriums, and the existence of bifurcations along the path of these equilibriums are researched in both models. Maneuvers and appropriate piloting tasks for the touch-down moment are simulated in both models. The computed results obtained in the models are compared in order to see if the movement concerning the landing phase computed in the simplified model is similar to that computed in the general model. The similarity we find is not a proof of the structural stability of the simplified system, what as far we know never been made, but can increase the confidence that the simplified system correctly describes the real phenomenon.

  2. Normal and abnormal electrical activation of the heart. Imaging patterns obtained by phase analysis of equilibrium cardiac studies

    International Nuclear Information System (INIS)

    Pavel, D.; Byrom, E.; Swiryn, S.; Meyer-Pavel, C.; Rosen, K.

    1981-01-01

    By using a temporal Fourier analysis of gated equilibrium cardiac studies, phase images were obtained. These functional images were analysed qualitatively and quantitatively to determine if specific patterns can be found for normal versus abnormal electrical activation of the heart. The study included eight subjects with normal cardiac function and 24 patients with abnormal electrical activation: eight with left bundle branch block (LBBB), two with right bundle branch block (RBBB), six with Wolff-Parkinson-White syndrome (WPW), one with junctional rhythm, one with spontaneous sustained ventricular tachycardia (VT) (all with normal wall motion), two with chronic transvenous pacemakers, and four with induced sustained VT (all with regional wall motion abnormalities). The results show that the two ventricals have the same mean phase (within +-9 0 ) in normals, but significantly different mean phases in all patients with bundle branch blocks. Of the six WPW patients, three had a distinctive abnormal pattern. The patient with junctional rhythm, those with transvenous pacemakers, and those with VT all had abnormal patterns on the phase image. The phase image is capable of showing differences between patients with electrical activation and a variety of electrical abnormalities. Within the latter category distinct patterns can be associated with each type of abnormality. (author)

  3. Techno-economic analysis of biofuel production considering logistic configurations.

    Science.gov (United States)

    Li, Qi; Hu, Guiping

    2016-04-01

    In the study, a techno-economic analysis method considering logistic configurations is proposed. The economic feasibility of a low temperature biomass gasification pathway and an integrated pathway with fast pyrolysis and bio-oil gasification are evaluated and compared with the proposed method in Iowa. The results show that both pathways are profitable, biomass gasification pathway could achieve an Internal Rate of Return (IRR) of 10.00% by building a single biorefinery and integrated bio-oil gasification pathway could achieve an IRR of 3.32% by applying decentralized supply chain structure. A Monte-Carlo simulation considering interactions among parameters is also proposed and conducted, which indicates that both pathways are at high risk currently. Copyright © 2016 Elsevier Ltd. All rights reserved.

  4. Economical analysis of combined fuel cell generators and absorption chillers

    Directory of Open Access Journals (Sweden)

    M. Morsy El-Gohary

    2013-06-01

    Full Text Available This paper presents a co-generation system based on combined heat and power for commercial units. For installation of a co-generation system, certain estimates for this site should be performed through making assessments of electrical loads, domestic water, and thermal demand. This includes domestic hot water, selection of the type of power generator, fuel cell, and the type of air conditioning system, and absorption chillers. As a matter of fact, the co-generation system has demonstrated good results for both major aspects, economic and environmental. From the environmental point of view, this can be considered as an ideal solution for problems concerned with the usage of Chlorofluoro carbons. On the other hand, from the economic point of view, the cost analysis has revealed that the proposed system saves 4% of total cost through using the co-generation system.

  5. Economic Analysis on Key Challenges for Sustainable Aquaculture Development

    DEFF Research Database (Denmark)

    Gedefaw Abate, Tenaw

    challenges that could obstruct its sustainable development, such as a lack of suitable feed, which includes fishmeal, fish oil and live feed, and negative environmental externalities. If the aquaculture industry is to reach its full potential, it must be both environmentally and economically sustainable...... environmental externalities. A sustainable supply of high-quality live feeds at reasonable prices is absolutely essential for aquaculture hatcheries because many commercially produced high-value marine fish larval species, such as flounder, grouper, halibut, tuna and turbot, require live feed for their early...... developmental stage. The key challenge in this regard is that the conventional used live feed items, Artemia and rotifers, are nutritionally deficient. Thus, the first main purpose of the thesis is carrying out an economic analysis of the feasibility of commercial production and the use of an alternative live...

  6. Economic Growth and Budget Constraints: EU Countries Panel Data Analysis

    Directory of Open Access Journals (Sweden)

    Zimčík Petr

    2016-06-01

    Full Text Available The aim of this paper is to identify the impacts of different taxes and expenditures on economic growth. The research is focused on 20 selected European Union Member States. These countries are equally divided into four groups based on their average tax burden as presented in the World Tax Index. A comparison of fiscal attributes among these groups is important for the analysis. Annual government finance data from the years 1995 to 2012 are used for an empirical study. The indicators observed are real GDP change, the composition and volume of total government expenditures, tax quotas of individual taxes and total budget balance. These indicators are used within an endogenous growth model together with capital stock and an approximation of human capital. A panel regression with fixed effects is used as an analytic tool. The main results are that an increase in social contributions, property, production and personal income tax quotas has an adverse effect on economic growth.

  7. Analysis of remote working practice AND CALCULATION OF ECONOMIC EFFICIENCY

    Directory of Open Access Journals (Sweden)

    K. S. Ermakov

    2015-01-01

    Full Text Available The article is devoted to description of working from home practice at Allianz Insurance UK и Ernst & Young, UK & Ireland. It fulfilled the analysis of the best practices in the use of new forms of social and labor relations - remote work. The characteristics of using types of distance work, the policy of implementation and realization of such work in the company, the criteria for the transfer of employees to work remotely, the possibility of a flexible approach to workflow are given. The calculation of the economic efficiency of technology telecommuting at an aviation company of the Russian Federation is done. The method of calculating the cost-effectiveness based on several factors, such as costs for the organization and content of the workplace, change in labor productivity and others, was proposed by the authors. The calculation of economic efficiency by using the number of working hours, the impact on capital inputs and the impact on quit rates is considered.

  8. Thermo-economic analysis of Shiraz solar thermal power plant

    Energy Technology Data Exchange (ETDEWEB)

    Yaghoubi, M. [Academy of Science, Tehran (Iran, Islamic Republic of); Mokhtari, A.; Hesami, R. [Shiraz Univ., Shiraz (Iran, Islamic Republic of). School of Engineering

    2007-07-01

    The Shiraz solar thermal power plant in Iran has 48 parabolic trough collectors (PTCs) which are used to heat the working oil. There is potential to significantly increase the performance and reduce the cost of PTC solar thermal electric technologies. Conventional energy analysis based on the first law of thermodynamics does qualitatively assess the various losses occurring in the components. Therefore, exergy analysis, based on the second law of thermodynamics, can be applied to better assess various losses quantitatively as well as qualitatively. This paper presented a newly developed exergy-economic model for the Shiraz solar thermal power plant. The objective was to find the minimum exergetic production cost (EPC), based on the second law of thermodynamics. The application of exergy-economic analysis includes the evaluation of utility supply costs for production plants, and the energy costs for process operations. The purpose of the analysis was to minimize the total operating costs of the solar thermal power plant by assuming a fixed rate of electricity production and process steam. 21 refs., 3 tabs., 8 figs.

  9. Proposed standby gasoline rationing plan. Economic and regulatory analysis draft

    Energy Technology Data Exchange (ETDEWEB)

    1978-06-01

    This economic and regulatory analysis meets the requirements of the Energy Policy and Conservation Act, which calls for an evaluation of the potential economic impacts of the gasoline rationing contingency plan. In addition, this analysis is intended to satisfy the requirements of the President's Executive Order No. 12044 of March 23, 1978, regarding government regulations, and provides an inflationary impact statement for the proposed rationing plan. To perform the analysis of rationing program impacts on the total national economy, three separate projections were required. First, a projection is made of the ''normal'' U.S. economy for a future period--the last quarter of 1980 through the third quarter of 1981 in this analysis. Second, a projection is made of the impacts which a petroleum supply interruption would have on the U.S. economy during this future period, assuming that DOE's standby allocation and price control regulations were implemented for crude oil and products. Third, and most significant, an estimate is made of the incremental impacts of the gasoline rationing program on this already-perturbed future U.S. economy.

  10. 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

  11. 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

  12. Analysis of advanced European nuclear fuel cycle scenarios including transmutation and economic estimates

    International Nuclear Information System (INIS)

    Rodríguez, Iván Merino; Álvarez-Velarde, Francisco; Martín-Fuertes, Francisco

    2014-01-01

    Highlights: • Four fuel cycle scenarios have been analyzed in resources and economic terms. • Scenarios involve Once-Through, Pu burning, and MA transmutation strategies. • No restrictions were found in terms of uranium and plutonium availability. • The best case cost and the impact of their uncertainties to the LCOE were analyzed. - Abstract: Four European fuel cycle scenarios involving transmutation options (in coherence with PATEROS and CP-ESFR EU projects) have been addressed from a point of view of resources utilization and economic estimates. Scenarios include: (i) the current fleet using Light Water Reactor (LWR) technology and open fuel cycle, (ii) full replacement of the initial fleet with Fast Reactors (FR) burning U–Pu MOX fuel, (iii) closed fuel cycle with Minor Actinide (MA) transmutation in a fraction of the FR fleet, and (iv) closed fuel cycle with MA transmutation in dedicated Accelerator Driven Systems (ADS). All scenarios consider an intermediate period of GEN-III+ LWR deployment and they extend for 200 years, looking for long term equilibrium mass flow achievement. The simulations were made using the TR E VOL code, capable to assess the management of the nuclear mass streams in the scenario as well as economics for the estimation of the levelized cost of electricity (LCOE) and other costs. Results reveal that all scenarios are feasible according to nuclear resources demand (natural and depleted U, and Pu). Additionally, we have found as expected that the FR scenario reduces considerably the Pu inventory in repositories compared to the reference scenario. The elimination of the LWR MA legacy requires a maximum of 55% fraction (i.e., a peak value of 44 FR units) of the FR fleet dedicated to transmutation (MA in MOX fuel, homogeneous transmutation) or an average of 28 units of ADS plants (i.e., a peak value of 51 ADS units). Regarding the economic analysis, the main usefulness of the provided economic results is for relative comparison of

  13. A Regional Analysis of the Life Cycle Environmental and Economic Tradeoffs of Different Economic Growth Paths

    Directory of Open Access Journals (Sweden)

    Weiwei Mo

    2018-02-01

    Full Text Available Different economic development strategies may result in varied socioeconomic and environmental synergies or tradeoffs, suggesting an opportunity for environmentally conscious planning. To understand such synergies or tradeoffs, a dynamic environmental life cycle assessment was conducted for eleven groups of New Hampshire industries. Historical state level Gross Domestic Product (GDP-by-industry data was combined with economic input-output analysis to calculate the direct and life cycle energy use, freshwater use, greenhouse gas emissions, and eutrophication potential of each industry on a yearly basis for the period of 1997–2012. The future development of agriculture, traditional manufacturing, high tech, and tourism industries were investigated based on government projections. Total life cycle impacts of the 11 industries were found to represent around three to seven times those of direct impacts, indicating the significance of the supply chain impacts. Traditional manufacturing has the highest life cycle impacts even though it contributes to less than 10% of the state GDP. Future development of high tech was found to be the best strategy to increase GDP while imposing the least additional environmental impacts. Tourism presents relatively high impacts in terms of freshwater use and eutrophication potential, and a change in recreational style might be able to reduce its impacts.

  14. Fourier phase analysis on equilibrium gated radionuclide ventriculography: range of phase spread and cut-off limits in normal individuals

    International Nuclear Information System (INIS)

    Ramaiah, Vijayaraghavan L.; Harish, B.; Sunil, H.V.; Selvakumar, Job; Ravi Kishore, A.G.; Nair, Gopinathan

    2011-01-01

    To define the range of phase spread on equilibrium gated radionuclide ventriculography (ERNV) in normal individuals and derive the cut-off limit for the parameters to detect cardiac dyssynchrony. ERNV was carried out in 30 individuals (age 53±23 years, 25 males and 5 females) who had no history of cardiovascular disease. They all had normal left ventricular ejection fraction (LVEF 55-70%) as determined by echocardiography, were in sinus rhythm, with normal QRS duration (≤120 msec) and normal coronary angiography. First harmonic phase analysis was performed on scintigraphic data acquired in best septal view. Left and right ventricular standard deviation (LVSD and RVSD, respectively) and interventricular mechanical delay (IVMD), the absolute difference of mean phase angles of right and left ventricle, were computed and expressed in milliseconds. Mean + 3 standard deviation (SD) was used to derive the cut-off limits. Average LVEF and duration of cardiac cycle in the study group were 62.5%±5.44% and 868.9±114.5 msec, respectively. The observations of LVSD, RVSD and right and left ventricular mean phase angles were shown to be normally distributed by Shapiro-Wilk test. Cut-off limits for LVSD, RVSD and IVMD were calculated to be 80 msec, 85 msec and 75 msec, respectively. Fourier phase analysis on ERNV is an effective tool for the evaluation of synchronicity of cardiac contraction. The cut-off limits of parameters of dyssynchrony can be used to separate heart failure patients with cardiac dyssynchrony from those without. ERNV can be used to select patients for cardiac resynchronization therapy. (author)

  15. Theory of economic cycle: analysis of аustrian school

    OpenAIRE

    Nesterenko, O.

    2008-01-01

    Essence of Austrian theory of economic cycle has been revealed. Differences of Austrian school approaches from theories of economic fluctuations in other streams of economic sciences have been analyzed

  16. Economic profitability analysis of demand side management program

    International Nuclear Information System (INIS)

    Sheen, J.N.

    2005-01-01

    This study considers both the internal and external costs of the utility in deriving the avoided capacity cost (ACC) and avoided operating cost (AOC) induced in an electric utility caused by the implementation of a demand side management program (DSM). In calculating the ACC, a multiple objective linear programming model is developed. Meanwhile, the AOC is calculated by considering the differences between the total and specific time period energy consumption ratios before and after the implementation of the DSM program. This study also develops an economic analysis method using Net Present Value and Pay Back Year models to assess the economic profitability of implementing a DSM program from a participant's point of view. The design and construction of a partial load leveling eutectic salt Cooling Energy Storage (CES) air conditioning system in a target office building in Kaohsiung, Taiwan, is discussed in order to simulate the cost benefit of the CES system from the perspective of the utility and from that of the participant. The results confirm the effectiveness of the developed models in simulating the economic benefits of implementing a DSM program from the perspectives of both the utility and the participant

  17. Decommissioning wind energy projects: An economic and political analysis

    International Nuclear Information System (INIS)

    Ferrell, Shannon L.; DeVuyst, Eric A.

    2013-01-01

    Wind energy is the fastest-growing segment of new electrical power capacity in the United States, with the potential for significant growth in the future. To facilitate such growth, a number of concerns between developers and landowners must be resolved, including assurance of wind turbine decommissioning at the end of their useful lives. Oklahoma legislators enlisted the authors to develop an economically-sound proposal to ensure developers complete their decommissioning obligations. Economic analysis of turbine decommissioning is complicated by a lack of operational experience, as few U.S. projects have been decommissioned. This leads to a lack of data regarding decommissioning costs. Politically, the negotiation leading to the finally-enacted solution juxtaposed economic theory against political pragmatism, leading to a different but hopefully sound solution. This article will provide background for the decommissioning issue, chronicle the development of the decommissioning component of the Oklahoma Wind Energy Act, and frame issues that remain for policymakers in regulating wind power development. - Highlights: ► Wind energy is the fastest-growing component of U.S. power generation. ► Decommissioning wind projects is policy concern for wind development. ► Little public information on wind turbine decommissioning costs exists. ► Oklahoma’s solution attempts to account for both costs and risks. ► Additional research is needed to create a more precise policy solution.

  18. The community psychiatric nurse in primary care: an economic analysis.

    Science.gov (United States)

    Gournay, K; Brooking, J

    1995-10-01

    Community psychiatric nurses (CPNs) in the United Kingdom are increasingly working in primary health care settings with less serious mental health problems. This paper describes an economic evaluation of their work using a randomized controlled trial in which 231 patients were assigned to continuing general practitioner care or one of two conditions of CPN intervention. This is only the third systematic economic analysis of community mental health nursing in the UK and the first carried out by mental health nurses. Various costs to patients, their families and the health care system were determined. Results showed that patients receiving CPN intervention experienced less absence from work and that this resulted in a net benefit. However, the cost per quality adjusted life year for intervening with this group of patients was probably several times more than for intervening with the seriously mentally ill. Therefore, if one considers both the clinical and economic results of the study, taken together with the recent results of the review of mental health nursing, there seems little justification for CPNs continuing to work in this area.

  19. Corporate investment decisions and economic analysis. Exercises and case studies

    International Nuclear Information System (INIS)

    Babusiaux, D.; Pierru, A.

    2005-01-01

    Economic analysis of industrial projects is based on methods which are often simple, sometimes complex, yet always to be applied with rigor. The aim of this book is to help readers assimilate the concepts and methods for investment decision and project evaluation. It offers a wide range of exercises, problems and case studies taken from business, which are the fruit of many years of teaching, consulting and research. Some are direct application of basics, others require a higher degree of reflection for more complex applications. Our approach borrows elements from micro economics, engineering economics and finance theory. While many examples relate to the energy sector, particularly oil and gas, the problems addressed are of broader scope and so are fully applicable to other industry sectors. This book is ideally suited to both professionals and students who seek to master capital budgeting techniques. A review of essential points is proposed at the beginning of each chapter and key methodological elements are recalled in the solutions. (authors)

  20. ECONOMIC AND FINANCIAL ANALYSIS OF PEANUT PRODUCTION IN BULGARIA

    Directory of Open Access Journals (Sweden)

    Nelly BENCHEVA

    2008-11-01

    Full Text Available Peanut is not listed as one of the major crops in the Bulgarian agricultural sector, but its economic and fi nancial viability is promising, but unknown. We use enterprise budgets, capital budgeting techniques, risk analysis and logistic regression models to examine the fi nancial and economic structure of peanut farms and to evaluate the factors infl uencing short and long-term profi tability. The results show that peanut production is a profi table venture for most peanut farmers in Bulgaria. Long-run analyses show that peanut production may be economically feasible and producers engaged in production for a period of seven years, and at a discount rate of 13%, may generate internal rates of return (IRR that vary from -20.57% to 67.39%. About 70% of the farms studied had IRRs greater than the discount rate. Sensitivity analyses show that profi tability of peanut production was infl uenced by yield and variable costs. There were risks at the village level associated with peanut production.

  1. Techno-economic analysis of bioenergy systems; Bioenergiasysteemien teknistaloudellinen analyysi. IEA Bioenergy Agreement Techno-economic Analysis

    Energy Technology Data Exchange (ETDEWEB)

    Solantausta, Y

    1996-12-31

    The objectives of the IEA Bioenergy Technoeconomic Analysis Activity are: To promote development of thermochemical biomass conversion methods by carrying out selected site specific feasibility studies in participating countries. Both agricultural and woody biomasses will be converted either into electricity or boiler fuels. To compare advanced technologies to commercial alternatives based on techno-economic basis to establish future development needs. To facilitate information exchange between participants on relevant basic process issues. Five countries (Finland, Canada, USA, Norway, Austria) are participating to the Activity. Initially two feasibility studies are planned for each country. Each study has three common elements: site specific, technical, and economic data. The site specific cases are described below in short. Products in the cases are electricity, heat and fuel oil. Total of two cases per country are planned

  2. Techno-economic analysis of bioenergy systems; Bioenergiasysteemien teknistaloudellinen analyysi. IEA Bioenergy Agreement Techno-economic Analysis

    Energy Technology Data Exchange (ETDEWEB)

    Solantausta, Y.

    1995-12-31

    The objectives of the IEA Bioenergy Technoeconomic Analysis Activity are: To promote development of thermochemical biomass conversion methods by carrying out selected site specific feasibility studies in participating countries. Both agricultural and woody biomasses will be converted either into electricity or boiler fuels. To compare advanced technologies to commercial alternatives based on techno-economic basis to establish future development needs. To facilitate information exchange between participants on relevant basic process issues. Five countries (Finland, Canada, USA, Norway, Austria) are participating to the Activity. Initially two feasibility studies are planned for each country. Each study has three common elements: site specific, technical, and economic data. The site specific cases are described below in short. Products in the cases are electricity, heat and fuel oil. Total of two cases per country are planned

  3. Techno-Economic Analysis of Biofuels Production Based on Gasification

    Energy Technology Data Exchange (ETDEWEB)

    Swanson, R. M.; Platon, A.; Satrio, J. A.; Brown, R. C.; Hsu, D. D.

    2010-11-01

    This study compares capital and production costs of two biomass-to-liquid production plants based on gasification. The first biorefinery scenario is an oxygen-fed, low-temperature (870?C), non-slagging, fluidized bed gasifier. The second scenario is an oxygen-fed, high-temperature (1,300?C), slagging, entrained flow gasifier. Both are followed by catalytic Fischer-Tropsch synthesis and hydroprocessing to naphtha-range (gasoline blend stock) and distillate-range (diesel blend stock) liquid fractions. Process modeling software (Aspen Plus) is utilized to organize the mass and energy streams and cost estimation software is used to generate equipment costs. Economic analysis is performed to estimate the capital investment and operating costs. Results show that the total capital investment required for nth plant scenarios is $610 million and $500 million for high-temperature and low-temperature scenarios, respectively. Product value (PV) for the high-temperature and low-temperature scenarios is estimated to be $4.30 and $4.80 per gallon of gasoline equivalent (GGE), respectively, based on a feedstock cost of $75 per dry short ton. Sensitivity analysis is also performed on process and economic parameters. This analysis shows that total capital investment and feedstock cost are among the most influential parameters affecting the PV.

  4. Mathematical Methods of Game and Economic Theory

    CERN Document Server

    Aubin, J-P

    1982-01-01

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

  5. Economic analysis of preventing introduction of ragweed in Denmark

    DEFF Research Database (Denmark)

    Schou, Jesper Sølver

    .000 new cases of allergy and asthma will emerge if rag weed is fully established in Denmark leading to significant socio economic costs. As ragweed has not yet established in Denmark the management options are open for discussion. In this paper two basic options are analyzed: a. Prevention of introduction...... or b. Do nothing and treat the allergy symptoms thru standard medical care. The analysis shows that the costs of preventing introduction of ragweed thru yearly control campaigns is significantly lower than the costs of treating the allergy symptoms, implying that preventing introduction...

  6. Growth promoting antibiotics in food animal production: an economic analysis.

    Science.gov (United States)

    Graham, Jay P; Boland, John J; Silbergeld, Ellen

    2007-01-01

    Considerable controversy persists regarding the use of human antibiotics to promote growth in animals raised for food. The authors examined the economic effect of removing antibiotics used for growth promotion in commercial broiler chickens. The authors utilized data published by the Perdue company, the fourth largest poultry producer in the United States, in which a non-randomized controlled trial of growth-promoting antibiotic (GPA) use was conducted with seven million broiler chickens to evaluate the impact of removing GPAs on production. Positive production changes were associated with GPA use, but were insufficient to offset the cost of the antibiotics. The net effect of using GPAs was a lost value of 0.0093 dollars per chicken (about 0.45% of total cost). Based upon these data, the authors found no basis for the claim that the use of GPAs lowers the cost of production. Note that this study does not include veterinary cost changes or changes in performance variability associated with the removal of GPAs. This economic analysis is the first study to the authors' knowledge utilizing large-scale empirical data collected by U.S. industry, in which it is demonstrated that the use of GPAs in poultry production is associated with economic losses to the producers. These data are of considerable importance in the ongoing national debate concerning the continued use of antibiotics for growth promotion of food animals. Based on the industry study and the resulting economic impact, the use of GPAs in U.S. poultry production should be reconsidered.

  7. An Analysis of Economic Learning among Undergraduates in Introductory Economics Courses in Germany

    Science.gov (United States)

    Happ, Roland; Zlatkin-Troitschanskaia, Olga; Schmidt, Susanne

    2016-01-01

    In this article, the authors present the findings of a pretest-posttest measurement of the economic knowledge of students in introductory economics courses in undergraduate study programs in Germany. The responses of 403 students to 14 items selected from the "Test of Economic Literacy" (Soper and Walstad 1987) were analyzed to identify…

  8. The physical and mathematical model of dynamic economic analysis and assessment for NPP

    International Nuclear Information System (INIS)

    Xu Jiming

    1992-01-01

    A set physical and mathematical model of dynamic economic analysis referring to international general sub-item and account of investment and constant money levelized model and combining current economic analysis method in China for nuclear power plant was established. The model can be used in economic analysis not only for nuclear power plant but also for coal-fired power plant and can satisfy demand of doing economic analysis and assessment for nuclear power plant and conventional power plant

  9. Assessing the economic impact of public investment in Malaysia: a case study on MyRapid Transit project using a dynamic computable general equilibrium model

    OpenAIRE

    Muniandy, Meenachi

    2017-01-01

    The central focus of this thesis is the question of whether public investment in transport infrastructure contributes positively to Malaysia’s economic growth and welfare. Although there are strong analytical reasons to believe that public investment spending is one of the important variables that influence growth, there remains significant uncertainty about its actual degree of influence. In Malaysia, whenever there is a collapse in domestic demand, government spending becomes an important m...

  10. Stability analysis of a model equilibrium for a gravito-electrostatic sheath in a colloidal plasma under external gravity effect

    International Nuclear Information System (INIS)

    Rajkhowa, Kavita Rani; Bujarbarua, S.; Dwivedi, C.B.

    1999-01-01

    The present contribution tries to find a scientific answer to the question of stability of an equilibrium plasma sheath in a colloidal plasma system under external gravity effect. A model equilibrium of hydrodynamical character has been discussed on the basis of quasi-hydrostatic approximation of levitational condition. It is found that such an equilibrium is highly unstable to a modified-ion acoustic wave with a conditional likelihood of linear driving of the so-called acoustic mode too. Thus, it is reported (within fluid treatment) that a plasma-sheath edge in a colloidal plasma under external gravity effect could be highly sensitive to the acoustic turbulence. Its consequential role on possible physical mechanism of Coulomb phase transition has been conjectured. However, more rigorous calculations as future course of work are required to corroborate our phenomenological suggestions. (author)

  11. Analysis of optimal design of low temperature economizer

    Science.gov (United States)

    Song, J. H.; Wang, S.

    2017-11-01

    This paper has studied the Off-design characteristic of low temperature economizer system based on thermodynamics analysis. Based on the data from one 1000 MW coal-fired unit, two modes of operation are contrasted and analyzed. One is to fix exhaust gas temperature and the other one is to take into account both of the average temperature difference and the exhaust gas temperature. Meanwhile, the cause of energy saving effect change is explored. Result shows that: in mode 1, the amount of decrease in coal consumption reduces from 1.11 g/kWh (under full load) to 0.54 g/kWh (under half load), and in mode 2, when the load decreases from 90% to 50%, the decrease in coal consumption reduces from 1.29 g/kWh to 0.84 g/kWh. From the result, under high load, the energy saving effect is superior, and under lower work load, energy saving effect declines rapidly when load is reduced. When load changes, the temperature difference of heat transfer, gas flow, the flue gas heat rejection and the waste heat recovery change. The energy saving effect corresponding changes result in that the energy saving effect under high load is superior and more stable. However, rational adjustment to the temperature of outlet gas can alleviate the decline of the energy saving effect under low load. The result provides theoretical analysis data for the optimal design and operation of low temperature economizer system of power plant.

  12. Approaching a problem of the long-run real equilibrium exchange rate of Polish zloty while entering the ERM-2 and Euro zone

    OpenAIRE

    Przystupa, Jan

    2009-01-01

    Taking into account a large number of types of nominal and real exchange rates, while estimating the real equilibrium exchange rate, one should always remember that there is no a single, universal equilibrium exchange rate. A point value or a path of that exchange rate depends on the adopted definitions and assumptions as well as on the method and purpose of the analysis. However, a value added of each estimation of the equilibrium exchange rate is an answer, whether the economic policy cause...

  13. Antieigenvalue analysis for continuum mechanics, economics, and number theory

    Directory of Open Access Journals (Sweden)

    Gustafson Karl

    2016-01-01

    Full Text Available My recent book Antieigenvalue Analysis, World-Scientific, 2012, presented the theory of antieigenvalues from its inception in 1966 up to 2010, and its applications within those forty-five years to Numerical Analysis, Wavelets, Statistics, Quantum Mechanics, Finance, and Optimization. Here I am able to offer three further areas of application: Continuum Mechanics, Economics, and Number Theory. In particular, the critical angle of repose in a continuum model of granular materials is shown to be exactly my matrix maximum turning angle of the stress tensor of the material. The important Sharpe ratio of the Capital Asset Pricing Model is now seen in terms of my antieigenvalue theory. Euclid’s Formula for Pythagorean triples becomes a special case of my operator trigonometry.

  14. Economic analysis of waste-to-energy industry in China.

    Science.gov (United States)

    Zhao, Xin-Gang; Jiang, Gui-Wu; Li, Ang; Wang, Ling

    2016-02-01

    The generation of municipal solid waste is further increasing in China with urbanization and improvement of living standards. The "12th five-year plan" period (2011-2015) promotes waste-to-energy technologies for the harmless disposal and recycling of municipal solid waste. Waste-to-energy plant plays an important role for reaching China's energy conservation and emission reduction targets. Industrial policies and market prospect of waste-to-energy industry are described. Technology, cost and benefit of waste-to-energy plant are also discussed. Based on an economic analysis of a waste-to-energy project in China (Return on Investment, Net Present Value, Internal Rate of Return, and Sensitivity Analysis) the paper makes the conclusions. Copyright © 2015 Elsevier Ltd. All rights reserved.

  15. Economic analysis of fast reactor fuel cycle with different modes

    International Nuclear Information System (INIS)

    Ding Xiaoming

    2014-01-01

    Because of limitations on the access to technical and economic data and the lack of effective verification, the lack of in-depth study on the economy of fast reactor fuel cycle in China. This paper introduces the analysis and calculation results of the levelized cost of electricity (LCOE) under three different fuel cycle modes including fast reactor fuel cycle carried out by Massachusetts Institute of Technology (MIT). The author used the evaluation method and hypothesis parameters provided by the MIT to carry out the sensitivity analysis for the impact of the overnight cost, the discount rate and changes of uranium price on the LCOE under three fuel cycle modes. Finally, some suggestions are proposed on the study of economy in China's fast reactor fuel cycle. (authors)

  16. Emergy-Based Regional Socio-Economic Metabolism Analysis: An Application of Data Envelopment Analysis and Decomposition Analysis

    OpenAIRE

    Zilong Zhang; Xingpeng Chen; Peter Heck

    2014-01-01

    Integrated analysis on socio-economic metabolism could provide a basis for understanding and optimizing regional sustainability. The paper conducted socio-economic metabolism analysis by means of the emergy accounting method coupled with data envelopment analysis and decomposition analysis techniques to assess the sustainability of Qingyang city and its eight sub-region system, as well as to identify the major driving factors of performance change during 2000–2007, to serve as the basis for f...

  17. HUBBLE-BUBBLE 1. A computer program for the analysis of non-equilibrium flows of water

    International Nuclear Information System (INIS)

    Mather, D.J.

    1978-02-01

    A description is given of the computer program HUBBLE-BUBBLE I which simulates the non-equilibrium flow of water and steam in a pipe. The code is designed to examine the transient flow developing in a pipe containing hot compressed water following the rupture of a retaining diaphragm. Allowance is made for an area change in the pipe. Particular attention is paid to the non-equilibrium development of vapour bubbles and to the transition from a bubble-liquid regime to a droplet-vapour regime. The mathematical and computational model is described together with a summary of the FORTRAN subroutines and listing of data input. (UK)

  18. Analysis of the economic impact of different Chinese climate policy options based on a CGE model incorporating endogenous technological change

    International Nuclear Information System (INIS)

    Wang Ke; Wang Can; Chen Jining

    2009-01-01

    Abatement cost is the main concern for climate change mitigation and the key factor for mitigation cost is technological change. This study established an integrated economic, energy, environmental, dynamic, computable general equilibrium (CGE) model representing endogenous technological change for China's climate change policy analysis. This study analyzed and compared the economic impact of different approaches to mitigation commitments as well as the potential role of technological change in the formulation of mitigation targets and commitments, taking into account China's climate policy-making needs based on the current international climate negotiation process. The results show that, absolute emission limits similar to the Kyoto Protocol will seriously impede the future economic development of China, while the impact of an 80% reduction in carbon intensity, forecast for 2050 based on the 2005 level, is relatively small. Technological change can promote economic growth, improve energy efficiency and reduce carbon intensity per unit of output through the substitution of production factors. Consequently it can reduce marginal abatement cost and related GDP loss by mitigation. At the same time it can increase mitigation potentials and extend the emission reduction amount, showing that consideration of the impact of technological change when deciding the emission reduction targets is necessary.

  19. 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.

  20. 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

  1. Probabilistic economic analysis of green roof benefits for policy design

    International Nuclear Information System (INIS)

    Clark, C.; Adriaens, P.; Talbot, B.

    2006-01-01

    The installation costs of green roofs continue to deter widespread use of green roof technology. Analyses of the boundary conditions for the cost differential between a green roof and a conventional roof are usually compared to environmental benefits such as storm water reduction and building energy savings. However, evidence is emerging that green roofs may play a role in urban air quality improvement. This paper discussed a methodology for developing probabilistic ranges of benefits and cost analyses. A probabilistic analysis was conducted to prepare a generalized cost-benefit analysis for application to a range of green roof projects. Environmental benefits of roof greening were quantified on a per unit surface area to assess environmental impact at the building scale. Parameters included conventional and green roof installation costs; storm water fees and fee reductions for green roofs; energy costs due to heat flux and the resultant savings through the installation of a green roof and the additional economic valuation of the public health benefits due to air pollution mitigation. Results were then integrated into an economic model to determine the length of time required for a return on investment in a green roof, assuming that a traditional roof would require replacement after 20 years. A net present value analysis was performed for an average-sized university roof. Results of the study showed that a valuation of environmental benefits can reduce the time required for a return on investment in a moderately priced green roof. While reduced installation costs reduced the time required for a return on investment, optimizing the green roof system for maximum environmental benefit had a greater potential to provide a higher return. It was concluded that the benefit of improved air quality should not be ignored by green roof policy-makers as a valuation tool. 10 refs., 3 tabs., 1 fig

  2. Economic liberalization, gender wage inequality and welfare – a theoretical analysis

    OpenAIRE

    Mukhopadhyay, Ujjaini; Chaudhuri, Sarbajit

    2011-01-01

    The paper develops a 3-sector general equilibrium model appropriate for economies with female labour oriented export sector to examine the effects of economic liberalization policies on gender based wage inequality. It is assumed that there exist disparities in efficiencies between male and female labour due to skewed access to education and health, and differences in their spending patterns leading to differential effects of respective wages on their nutrition. The results indicate that tari...

  3. Equilibrium sorptive enrichment on poly(dimethylsiloxane) particles for trace analysis of volatile compounds in gaseous samples

    NARCIS (Netherlands)

    Baltussen, H.A.; David, F.; Sandra, P.J.F.; Janssen, J.G.M.; Cramers, C.A.M.G.

    1999-01-01

    A novel approach for sample enrichment, namely, equilibrium sorptive enrichment (ESE), is presented. A packed bed of sorption (or partitioning) material is used to enrich volatiles from gaseous samples. Normally, air sampling is stopped before breakthrough occurs, but this approach is not very

  4. Senior high school students’ need analysis of Three-Tier Multiple Choice (3TMC) diagnostic test about acid-base and solubility equilibrium

    Science.gov (United States)

    Ardiansah; Masykuri, M.; Rahardjo, S. B.

    2018-05-01

    Students’ conceptual understanding is the most important comprehension to obtain related comprehension. However, they held their own conception. With this need analysis, we will elicit student need of 3TMC diagnostic test to measure students’ conception about acid-base and solubility equilibrium. The research done by a mixed method using questionnaire analysis based on descriptive of quantitative and qualitative. The research subject was 96 students from 4 senior high schools and 4 chemistry teachers chosen by random sampling technique. Data gathering used a questionnaire with 10 questions for student and 28 questions for teachers. The results showed that 97% of students stated that the development this instrument is needed. In addition, there were several problems obtained in this questionnaire include learning activity, teacher’s test and guessing. In conclusion, this is necessary to develop the 3TMC instrument that can diagnose and measure the student’s conception in acid-base and solubility equilibrium.

  5. The BCD of response time analysis in experimental economics.

    Science.gov (United States)

    Spiliopoulos, Leonidas; Ortmann, Andreas

    2018-01-01

    For decisions in the wild, time is of the essence. Available decision time is often cut short through natural or artificial constraints, or is impinged upon by the opportunity cost of time. Experimental economists have only recently begun to conduct experiments with time constraints and to analyze response time (RT) data, in contrast to experimental psychologists. RT analysis has proven valuable for the identification of individual and strategic decision processes including identification of social preferences in the latter case, model comparison/selection, and the investigation of heuristics that combine speed and performance by exploiting environmental regularities. Here we focus on the benefits, challenges, and desiderata of RT analysis in strategic decision making. We argue that unlocking the potential of RT analysis requires the adoption of process-based models instead of outcome-based models, and discuss how RT in the wild can be captured by time-constrained experiments in the lab. We conclude that RT analysis holds considerable potential for experimental economics, deserves greater attention as a methodological tool, and promises important insights on strategic decision making in naturally occurring environments.

  6. Economic analysis of the global polio eradication initiative.

    Science.gov (United States)

    Duintjer Tebbens, Radboud J; Pallansch, Mark A; Cochi, Stephen L; Wassilak, Steven G F; Linkins, Jennifer; Sutter, Roland W; Aylward, R Bruce; Thompson, Kimberly M

    2010-12-16

    The global polio eradication initiative (GPEI), which started in 1988, represents the single largest, internationally coordinated public health project to date. Completion remains within reach, with type 2 wild polioviruses apparently eradicated since 1999 and fewer than 2000 annual paralytic poliomyelitis cases of wild types 1 and 3 reported since then. This economic analysis of the GPEI reflects the status of the program as of February 2010, including full consideration of post-eradication policies. For the GPEI intervention, we consider the actual pre-eradication experience to date followed by two distinct potential future post-eradication vaccination policies. We estimate GPEI costs based on actual and projected expenditures and poliomyelitis incidence using reported numbers corrected for underreporting and model projections. For the comparator, which assumes only routine vaccination for polio historically and into the future (i.e., no GPEI), we estimate poliomyelitis incidence using a dynamic infection transmission model and costs based on numbers of vaccinated children. Cost-effectiveness ratios for the GPEI vs. only routine vaccination qualify as highly cost-effective based on standard criteria. We estimate incremental net benefits of the GPEI between 1988 and 2035 of approximately 40-50 billion dollars (2008 US dollars; 1988 net present values). Despite the high costs of achieving eradication in low-income countries, low-income countries account for approximately 85% of the total net benefits generated by the GPEI in the base case analysis. The total economic costs saved per prevented paralytic poliomyelitis case drive the incremental net benefits, which become positive even if we estimate the loss in productivity as a result of disability as below the recommended value of one year in average per-capita gross national income per disability-adjusted life year saved. Sensitivity analysis suggests that the finding of positive net benefits of the GPEI remains

  7. Economic analysis of Brazilian policies for energy efficient electric motors

    International Nuclear Information System (INIS)

    Andrade, Cássio Tersandro de Castro; Pontes, Ricardo Silva Thé

    2017-01-01

    Brazil is leading several energy efficiency initiatives and has ambitious goals for 2030, according to the Brazilian National Energy Plan 2030. One of the main initiatives is the minimum efficiency performance standards (MEPS) program for energy-driven equipment and the electric motors appear as the most significant one (49% share of the total electricity consumption). The MEPS levels set new grades for efficiency, and then manufacturers and consumers have to conform to the new products and costs. Policy makers have to economically assess the effects of these MEPS in order to maintain the market stability. Since the benefits of this program come from future energy savings, this cost-effective analysis has to consider the parameters uncertainty and the results should reinforce the market players’ confidence. Thus, the goal of this work is, first, to analyze the economic viability of the MEPS transitions in Brazil considering the uncertainty of the parameters involved and then, to estimate the effects of this program on the energy savings goals for 2030. At the end, we also verify whether this investment in energy efficiency is competitive with other forms of investments in energy. - Highlights: • A cost-effectiveness method with uncertainty for efficiency program is presented. • Savings from electric motors MEPS program makes the 2030 Brazilian goals possible. • Electric motors MEPS program cost-effectiveness in Brazil is confirmed. • Saved energy cost from efficiency improvement is a competitive energy investment.

  8. Psychology of Economics in the Analysis of Consumer Behavior

    Directory of Open Access Journals (Sweden)

    José Jonas Alves Correia

    2017-06-01

    Full Text Available Psychology of Economics addresses issues far beyond market research. Thus, studies in this area also observe variables such as work, unemployment, decisions about purchases and savings, investments, financing, responses to advertising, among others. The present research was carried out with the objective of analyzing, through the fundamentals of consumer behavior, its relation to the propensity for compulsive or superfluous consumption. This quantitative study relates, using as means of phenomena and variables a description of the consumers behavior through the statistical tool Propensity Score Matching of Stata software. A semi-structured questionnaire was used to collect the data, which was applied online from April to August in 2016. Data analysis was performed by the Ordinary Least Squares (OLS regression with controlled dummy variables (dependent variable, whether or not it belongs to the consumer group Compulsive by the set of explanatory (independent variables. The results showed that the average monthly spending of compulsive consumers increases, and the higher the income of individuals, the greater the spending on unnecessary or superfluous consumption. Considering the gender variable, male individuals have higher levels of unnecessary spending and are prone to superfluous consumption. Thus, consumption is composed of influences for purchase and that the consumer determines consumption, according to economic position (income factor and cultural factors (customs, needs, impulsivities within the society.

  9. ECONOMICAL ANALYSIS OF FLU VACCINE PREVENTION FOR CHILDREN AND TEENAGERS

    Directory of Open Access Journals (Sweden)

    D.Yu. Belousov

    2007-01-01

    Full Text Available This clinicalaeconomical analysis includes all possible treatament expenditures and possible profit from vaccinating chiladren and teenagers versus flue. It shoes that mass vaccination of children and teenagers will lead to lower disease incidence and mortality during epidemical rising of the disease and proavide significant economical effect both because of direct medaical expenses and because of collateral expenses. Collateral expenses are the main source of loss for the state of Russia from child and teenager flue and sars. Vaccination brings sick leaves and lost time payments down by 57%, expenses for treataing flue and sars together with their complications by 52%. In the Russian society total child and teenager vaccination appears as more profitable, for insurance companies as well. in this case insurance companies will be able to benefit from indirect medaical profit and, most probably, won't be needing state subsidizing for conducting total vaccination against flue of all citizens aged under 14. Antiaflue vaccination is feasible both in terms of clinical results and economic feasibility.Key words: pharmaeconomics, flue, sars, children, teenagers, vaccine prevention.

  10. Economic impact analysis of independent power projects in British Columbia

    International Nuclear Information System (INIS)

    2009-12-01

    Independent power producer (IPP) projects have been active in British Columbia's (BC) regulated electricity market since the late 1980s. The 49 IPP projects developed in the province currently account for approximately 10 per cent of BC's electricity generation, and IPP development continues to expand in nearly every region. This study presented an economic impact analysis of IPP projects in BC. The economic impacts of IPP projects were divided into 2 categories: (1) existing IPP projects, and (2) potential IPP projects. The study showed that the total power potential supplied by BC IPP projects would increase from a current level of 5940 annual GWh to approximately 14,149 GWh. BC could also be generating a further 21,321 GWh of annual output to service demand domestically in addition to exporting to the United States. The value of capital investment in existing IPPs across BC was estimated at $2.8 billion. Capital investment in potential IPPs was estimated at $26.1 billion in 2009 constant dollars. Government revenues generated through the construction phase of potential IPP projects were estimated at $1.6 billion. IPP projects are expected to have a significant impact on First Nations groups, contribute to provincial energy self-sufficiency, and have little to no greenhouse gas (GHG) emissions. 25 refs., 19 tabs., 24 figs.

  11. Notes on economic time series analysis system theoretic perspectives

    CERN Document Server

    Aoki, Masanao

    1983-01-01

    In seminars and graduate level courses I have had several opportunities to discuss modeling and analysis of time series with economists and economic graduate students during the past several years. These experiences made me aware of a gap between what economic graduate students are taught about vector-valued time series and what is available in recent system literature. Wishing to fill or narrow the gap that I suspect is more widely spread than my personal experiences indicate, I have written these notes to augment and reor­ ganize materials I have given in these courses and seminars. I have endeavored to present, in as much a self-contained way as practicable, a body of results and techniques in system theory that I judge to be relevant and useful to economists interested in using time series in their research. I have essentially acted as an intermediary and interpreter of system theoretic results and perspectives in time series by filtering out non-essential details, and presenting coherent accounts of wha...

  12. Comparative Analysis on Two Accounting Systems of Rural Economic Originations

    Institute of Scientific and Technical Information of China (English)

    2011-01-01

    In order to normalize the financial account of two kinds of economic organizations,the comparative analysis is conducted on the Accounting System of Village Collective Economic Organization and Accounting System of Farmers’ Cooperatives(Trial) issued by the Ministry of Finance.The comparison points out that application and accounting principles of the two kinds of accounting systems are different.The differences and similarities of the five accounting elements are analyzed including property,liabilities,rights of owners,costs and profits and losses,as well as the reasons of the differences and similarities.Results show that both of the two accounting systems reflect the principles of simplification and clarification.The village collective accounting system works in rural village committee,which acts the administrative duties,the features of concerted benefits of it is showed.While the accounting system of farmers’ cooperatives is based on the village collective accounting system and combines the norms of accounting system of enterprises,so the system represents the demands of collaboration and profit-making.

  13. WAVELET COMOVEMENT ANALYSIS BETWEEN TENDENCYSURVEYS AND ECONOMIC ACTIVITY IN TURKEY

    Directory of Open Access Journals (Sweden)

    Sadullah Çelik

    2011-01-01

    Full Text Available It is now common practice to measure economy-wide expectations so thatadditional information on the future path of economic variables like growth,unemployment and inflation could be extracted. Thewell-known methodology isto use tendency surveys, which cover producers and/or consumers. FollowingYıldırım (2002, this paper is an attempt to assesswhether there is anyconsiderable pattern of comovement between selectedmacroeconomic variables(growth, unemployment and inflation and tendency surveys (the ConsumerTendency Survey-CTS and Business Tendency Survey-BTS in Turkey. Ouroriginality is that we employ the wavelet comovement analysis, developed by Rua(2010, which is a strong methodological improvement combining the measuresof comovement in time and frequency domain. We usemonthly data to examinethe period of January 2007 – March 2011 so that ouranalysis involves pre- andpost- global financial and economic crisis. Our findings show that businesstendency surveys exhibit significant comovement with industrial production andinflation in high and low frequency. On the other hand, consumer tendencysurveys follow similar patterns with the change ininflation in high frequencyespecially during the global crisis period of 2009.

  14. A Laser Induced Breakdown Spectroscopy application based on Local Thermodynamic Equilibrium assumption for the elemental analysis of alexandrite gemstone and copper-based alloys

    Energy Technology Data Exchange (ETDEWEB)

    De Giacomo, A. [Department of Chemistry, University of Bari, Via Orabona 4, 70126 Bari (Italy); Institute of Inorganic Methodologies and Plasmas - CNR, U.O.S. Bari, Via Amendola 122/D, 70126 Bari (Italy); Dell' Aglio, M. [Institute of Inorganic Methodologies and Plasmas - CNR, U.O.S. Bari, Via Amendola 122/D, 70126 Bari (Italy); Gaudiuso, R., E-mail: rosalba.gaudiuso@ba.imip.cnr.it [Institute of Inorganic Methodologies and Plasmas - CNR, U.O.S. Bari, Via Amendola 122/D, 70126 Bari (Italy); Santagata, A. [Institute of Inorganic Methodologies and Plasmas - CNR, U.O.S. Potenza, Via S. Loja, Zona Ind., 85050 Tito Scalo (PZ) (Italy); Senesi, G.S. [Institute of Inorganic Methodologies and Plasmas - CNR, U.O.S. Bari, Via Amendola 122/D, 70126 Bari (Italy); Rossi, M.; Ghiara, M.R. [Department of Earth Sciences, University of Naples ' Federico II' , Via Mezzocannone 8, 80134 Naples (Italy); Capitelli, F. [Institute of Crystallography - CNR, Via Salaria Km 29.300, 00015 Monterotondo (Roma) (Italy); De Pascale, O. [Institute of Inorganic Methodologies and Plasmas - CNR, U.O.S. Bari, Via Amendola 122/D, 70126 Bari (Italy)

    2012-04-04

    Graphical abstract: Self-calibrated analytical techniques based on the approximation of Local Thermodynamic Equilibrium (LTE) have been employed for the analysis of gemstones and copper-based alloys by LIBS (Laser Induced Breakdown Spectroscopy), with a special focus on LTE conditions in laser induced plasmas. Highlights: Black-Right-Pointing-Pointer Discussion of Local Thermodynamic Equilibrium (LTE) condition in laser-induced plasmas. Black-Right-Pointing-Pointer LIBS enables elemental analysis with self-calibrated LTE-based methods. Black-Right-Pointing-Pointer Be detection in alexandrite gemstone is made possible by LIBS. - Abstract: Laser Induced Breakdown Spectroscopy (LIBS) is an appealing technique to study laser-induced plasmas (LIPs), both from the basic diagnostics point of view and for analytical applications. LIPs are complex dynamic systems, expanding at supersonic velocities and undergoing a transition between different plasma regimes. If the Local Thermodynamic Equilibrium (LTE) condition is valid for such plasmas, several analytical methods can be employed and fast quantitative analyses can be performed on a variety of samples. In the present paper, a discussion about LTE is carried out and an innovative application to the analysis of the alexandrite gemstone is presented. In addition, a study about the influence of plasma parameters on the performance of LTE-based methods is reported for bronze and brass targets.

  15. Economic analysis of self-generated plutonium recycling in light water reactor

    International Nuclear Information System (INIS)

    Deguchi, Morimoto; Hirabayashi, Fumio; Yumoto, Ryozo

    1978-01-01

    This paper describes on the economics of plutonium recycle to light water reactors (LWRs). In the situation that plutonium market does not exist, it is realistic for utilities to recycle the self-generated plutonium to their own reactors. The economic incentive to recycle self-generated plutonium, plutonium fuel fabrication penalty, and the dependence of fuel cycle cost on fuel cycle cost parameters are considered. In recycling self-generated plutonium, two alternatives for fuel element design are feasible. Those are the all-plutonium design and the island design. In the present analysis, the all-plutonium design was chosen for PWRs. The calculation of reactivity variation along with burnup for both uranium fuel and plutonium fuel was done with LASER-PNC code. Plutonium inventory and other nuclear data were calculated with CHAIN code. It is expected that equilibrium composition is reached after 5 or 6 times of recycling. For the calculation of fuel cycle cost, MITCOST code was used. The recent increase in the prices of uranium ore, enrichment and reprocessing services was taken into account. The fuel cycle cost of plutonium recycle is lower than that of uranium fuel cycle within a certain limit of plutonium fabrication penalty. It is shown that the fabrication penalty of about 1250 dollar/kgHM for each plutonium successive recycle reduces the cost difference to zero. The change in other cost components affects break-even fabrication penalty, in which the fuel cycle cost of plutonium recycle is equal to that of uranium cycle. (Kato, T.)

  16. Analysis of Environmental Law Enforcement Mechanism Based on Economic Principle

    Science.gov (United States)

    Cao, Hongjun; Shao, Haohao; Cai, Xuesen

    2017-11-01

    Strengthening and improving the environmental law enforcement mechanism is an important way to protect the ecological environment. This paper is based on economical principles, we did analysis of the marginal management costs by using Pigou means and the marginal transaction costs by using Coase means vary with the quantity growth of pollutant discharge Enterprises. We analyzed all this information, then we got the conclusion as follows. In the process of strengthening the environmental law enforcement mechanism, firstly, we should fully mobilize all aspects of environmental law enforcement, such as legislative bodies and law enforcement agencies, public welfare organizations, television, newspapers, enterprises, people and so on, they need to form a reasonable and organic structure system; then we should use various management means, such as government regulation, legal sanctions, fines, persuasion and denounce, they also need to form an organic structural system.

  17. An approach for economic analysis of intermodal transportation.

    Science.gov (United States)

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

    2014-01-01

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

  18. Economic analysis of electric heating based on critical electricity price

    Science.gov (United States)

    Xie, Feng; Sun, Zhijie; Zhou, Xinnan; Fu, Chengran; Yang, Jie

    2018-06-01

    The State Grid Corporation of China proposes an alternative energy strategy, which will make electric heating an important task in the field of residential electricity consumption. This article takes this as the background, has made the detailed introduction to the inhabitant electric heating technology, and take the Zhangjiakou electric panels heating technology as an example, from the expense angle, has carried on the analysis to the electric panels heating economy. In the field of residential heating, electric panels operating costs less than gas boilers. After customers implying energy-saving behavior, electric panels operating cost is even lower than coal-fired boilers. The critical price is higher than the execution price, which indicates that the economic performance of the electric panels is significantly higher than that of the coal boiler.

  19. COMPARATIVE ANALYSIS OF VAT EVOLUTION IN THE EUROPEAN ECONOMIC SYSTEM

    Directory of Open Access Journals (Sweden)

    MIHAELA ANDREEA STROE

    2011-04-01

    Full Text Available In this paper we study a comparative analysis of VAT in different states of the world. I made some observation on this theme because I believe that VAT is very important in carrying out transactions and the increase or decrease of this tax has a major impact upon national economies and also on the quality of life in developing countries. The papers has to pourpose to make a comparison between the American and European system of taxation with its advantages and disadvantages and, in the end to render an economic model and its statistics components. VAT is a value added tax which appeared about 50 years, initially with two purposes: one to replace certain indirect taxes, and another to reduce the budget deficit according to the faith of that time. The first country that has adopted this model was France, calling it today as value-added tax.

  20. Physics, systems analysis and economics of fusion power plants

    International Nuclear Information System (INIS)

    Ward, D.J.

    2006-01-01

    Fusion power is being developed because of its large resource base, low environmental impact and high levels of intrinsic safety. It is important, however, to investigate the economics of a future fusion power plant to check that the electricity produced can, in fact, have a market. Using systems code analysis, including costing algorithms, this paper gives the cost of electricity expected from a range of fusion power plants, assuming that they are brought into successful operation. Although this paper does not purport to show that a first generation of fusion plants is likely to be the cheapest option for a future energy source, such plants look likely to have a market in some countries even without taking account of fusion's environmental advantages. With improved technological maturity fusion looks likely to have a widespread potential market particularly if the value of its environmental advantages are captured, for instance through avoiding a carbon tax. (author)