Design of a leading indicator for Costa Rican economic activity

Directory of Open Access Journals (Sweden)

Carlos Chaverri Morales

2014-08-01

Full Text Available This paper presents the results of estimating three leading indicators for the turning points of the economic activity in Costa Rica. This was done following the methodology proposed by the Organization for Economic Cooperation and Development (OECD. The Monthly Economic Activity Index (IMAE in Spanish was selected as the reference variable.  A total of 270 data series were analyzed including monetary, real and job market variables, as well as price indices, external sector indicators and fiscal sector variables. The real sector information was disaggregated into three levels, which included the classification of data at an industrial level using the International Standard Industrial Classification (ISIC with two digits, information from the agricultural sector based on the Central Product Classification (CPC and information from the manufacturing sector.  A leading indicator was developed for each level of aggregation, resulting in average leads of 7 to 12 months compared to the reference variable.

Economic evaluation of reprocessing - Indicative Belgian position

International Nuclear Information System (INIS)

1979-05-01

This paper, which also appears as an Appendix to the final Working Group 4 report, forms part of the overall economic evaluation of reprocessing. The indicative national position and illustrative ''phase diagram'' for Belgium is presented. Other factors which influence the Belgian viewpoint and which are not included on the phase diagram are given

Selected Banks Economic Efficiency Indicators

Directory of Open Access Journals (Sweden)

Adam Szafarczyk

2007-04-01

Full Text Available There are a lot of economic efficiency indicators in theory. It is necessary to choice some of them for concrete purposes. ROA, ROE and C/I play important role due to last experience of polish banks.Cost to Income Ratio plays very important role affecting not only efficiency monitoring process in the banks but also becoming a very important target in strategy or finance plan. There are several methodological approaches to construct this index in detail. Results are differing due to implementing methodology. This article describes trends C/I concerning both polish and foreign banks. It is difficult to compare banks in emerging country and real giants in finance mature economies.

Economic evaluation of reprocessing. Indicative Netherlands position

International Nuclear Information System (INIS)

1979-05-01

The paper, which also appears as an Appendix to the final Working Group 4 report, forms part of the overall economic evaluation of reprocessing. The indicative national position and illustrative ''phase diagram'' for the Netherlands is presented. Two alternative scenarios have been assumed for the variation of uranium price in the future; a 2% per annum price rise and a 5% per annum price rise

Social Wealth Economic Indicators for a Caring Economy

Directory of Open Access Journals (Sweden)

Indradeep Ghosh

2015-06-01

Full Text Available This essay introduces the reader to an entirely new set of measures that are urgently needed by policymakers and business leaders to foster personal, business, and national economic success. Social Wealth Economic Indicators are measures suggested by a partnership model of society, and they inform us that care work matters tremendously but is grossly undervalued. In our contemporary knowledge-service economy, the essential ingredient for social and economic progress is high-quality human capital, and the way to build such human capital is to support the work of caring and caregiving, traditionally considered “women’s work.” The data presented in this essay clearly show that early childhood care and education, family-friendly workplace practices, and the status of women are key determinants of economic success. But they are also necessary for healthy, creative, and cohesive societies in which members work in partnership with each other and with the natural environment to improve living conditions for all. This is the true meaning of social wealth.

GREEK ECONOMIC CRISIS ON MACROECONOMIC INDICATORS

Directory of Open Access Journals (Sweden)

GĂBAN LUCIAN

2016-04-01

Full Text Available This paper aims to examine briefly some elements of macroeconomic aspects that could explain - at least partly - a number of causes of the current economic crisis in Greece. Using data provided by competent bodies, is intended as a more accurate outlining the differences between Greece and the other countries of the European Union member show widespread Greek State as an outlier among the countries that make up the current "U.E. 28 ". The analysis is based on three indicators relevant to the case – unemployment, government debt and nonperforming loans.

Analysis of Socio-Economic Indicators on Different Bioenergy Case Studies

NARCIS (Netherlands)

van Eijck, Janske; Faaij, André

2014-01-01

Socio-economic indicators are not fully developed and operational while this is an important aspect of sustainability. Seven case studies were analyzed within the Global-Bio-Pact project covering seven countries and five feedstock types. The 100 indicators that are identified are analyzed and

Indicators for Assessing the Socio-Economic Responsibility of Entrepreneurship in Ukraine

Directory of Open Access Journals (Sweden)

Dielini Maryna M.

2017-12-01

Full Text Available The aim of the article is to determine the main indicators that can be used for assessing the socio-economic responsibility of Ukrainian enterprises, and group these indicators by categories of stakeholders. There presented main recipients towards which the socio-economic responsibility of entrepreneurship is directed, namely, enterprise employees; owners (shareholders; consumers of products; suppliers and competitors; society and state. Forms and instruments for realizing the socio-economic responsibility of enterprises (SERE are presented, and on this basis a system of indicators is developed that can be used in the assessment of the SERE. The indicators have both quantitative and qualitative representation and also provide an opportunity to cover the full scale of the manifestation of the SERE regarding the interest groups. Much attention is paid to the ensuring of profitability of an enterprise (as the main objective of corporate social responsibility, according to A. Carroll, as well as deductions for the development of personnel, both professional and recreational, and for the development of society, welfare of the population in the form of spending on social investment, socially responsible marketing, monetary grants for research, charitable activities, and other tools of the SEPE manifestation.

HOW THE FINANCIAL CRISIS HAS AFFECTED THE ECONOMIC INDICATORS OF THE NETHERLANDS

Directory of Open Access Journals (Sweden)

Răzvan Hagimă

2013-07-01

Full Text Available Despite of being affected by the economic crisis, the Netherlands managed to minimize its effects. This situation is highlighted in a comparison with Romania and the European Union, between the levels of the most important economic indicators. Moreover, when other countries registered negative trends in their economic growth, the Dutch economy succeeded in this matter.

Economic Literacy Indicators at the Department of Computer Education & Instructional Technologies

Directory of Open Access Journals (Sweden)

Sevgi GEREK

2010-06-01

Full Text Available Developments in technology and communication in the 21st century have led to increased expectations from individuals. One of these expectation areas is literacy. As a requirement of the information age, it can be said that the economic literacy is one of the most important areas of literacy. Economic literacy can be defined in terms of ability to revise the alternatives for interpreting economic problems and finding solutions to these problems, to define the cost and profits, to investigate the effects of changes in economic conditions and in public policies, to gather and organize economy-related data and to balance the profits and costs. One of the tools that affect the life can be said economic literacy but it is a neglected area in most higher education programs. In this study, Computer Education and Instructional Technology program courses were examined within the framework of economic literacy indicators

Inequality indicators and distinguishability in economics

Science.gov (United States)

Rosenblatt, J.; Martinás, K.

2008-03-01

Money has a material counterpart, such as banknotes or coins, and an ideal expression, monetary units. In the latter case, it is boson-like: individual incomes have no a priori limit, and their units are not distinguishable from each other in economic processes. Individuals, on the other hand, usually occupy one job at a time which makes them akin to fermions. We apply to individual incomes down-to-earth statistical calculations, similar to those for quantum particles, and obtain expressions for the cumulative distribution function, probability density and Lorenz function resulting from the simultaneous use of both statistics. They provide extremely good fits to corresponding data on French income distributions. On this basis, we propose a new entropic inequality indicator.

Trade as an indicator of social and economic development

Directory of Open Access Journals (Sweden)

N. A. Serebryakova

2018-01-01

Full Text Available In modern conditions of trade in the Russian Federation became the most important type of entrepreneurship. It is, in a number of objective and subjective reasons, is the most rapidly developing sector of the national economy, affecting the interests of all subjects of market relations: population, manufacturers of commercial products, government and trade. Currently in the internal trade of the Russian Federation there have been significant changes occurring under the influence of growing tensions on the international market, in the economy of our country and within the trading industry. But despite the deteriorating economic situation in the world and strained relations between the Russian Federation and its European and American partners, the latest statistics indicate the translational dynamics of retail trade turnover in the whole country, and in the Voronezh region. Retail trade turnover is among the most important indicators of economic and social development of the Voronezh region and the country as a whole. Its structure and volume characterize the level of consumption of goods population, the increase or decrease of welfare of the people. Through retail sales is a constant influence on the development of the volume and structure of production of consumer goods. This article assessed the relationship between the economic development of the Voronezh region as one of average of region of our country, its trade and standard of living of Voronezh.

Critical Analysis of Methods for Integrating Economic and Environmental Indicators

NARCIS (Netherlands)

Huguet Ferran, Pau; Heijungs, Reinout; Vogtländer, Joost G.

2018-01-01

The application of environmental strategies requires scoring and evaluation methods that provide an integrated vision of the economic and environmental performance of systems. The vector optimisation, ratio and weighted addition of indicators are the three most prevalent techniques for addressing

Experimental study on p-V indicator diagrams of twin-screw refrigeration compressor with economizer

International Nuclear Information System (INIS)

Wu Huagen; Peng Xueyuan; Xing Ziwen; Shu Pengcheng

2004-01-01

This paper presents the experimental investigation on the effects of the superfeed pressure together with economizer type on the performance of the twin-screw refrigeration compressor by means of the indicator diagram. With a pressure sensor embedded into the groove at the root of the female rotor on the discharge side, the pressure within the working chamber of a semi-hermetic twin-screw compressor with an economizer is recorded and then transformed into the indicator diagram. The results thus obtained are utilized to investigate the thermodynamic process of the compressor. It is shown that the compressor with an economizer has higher pressure during almost the whole compression process than without an economizer, resulting in the increase in the indicated power. Under different superfeed pressures, the pressure within the compression experiences different changes. This results in an optimal superfeed pressure for maximized compressor efficiency, which can be identified from the calculated compressor efficiency based on the indicator diagrams. It is also found that the pressure has a rapid increase at the beginning of superfeed process, and then a slow rise even a slight drop at the end of superfeed process, which is caused by the dynamic effect during superfeed process. Furthermore, if the superfeed pressure keeps the same, the pressure during compression in the compressor with the heat exchanger economizer is slightly higher than with the flash tank economizer, due to the higher temperature of superfeed refrigerant gas in the former case

Economic evaluation of reprocessing - Indicative Canadian position

International Nuclear Information System (INIS)

1979-05-01

This paper, which also appears as an Appendix to the final Working Group 4 report, forms part of the overall economic evaluation of reprocessing. The indicative national position and illustrative ''phase diagram'' for Canada is presented. Three fuel cycles are considered. (1) CANDU operating on the natural uranium, once-through fuel cycle. (2) CANDU operating with low enrichment (1.2%) once-through fuel cycle. (3) CANDU operating with recycle of plutonium and depleted uranium which has been extracted from spent CANDU natural uranium fuel. The diagrams show that reprocessing and recycle of fuel can be used to reduce further the sensitivity of CANDU fuelling costs to increasing uranium ore price

Indicators of Economic Progress: The Power of Measurement and Human Welfare

Directory of Open Access Journals (Sweden)

Garry Jacobs

2010-10-01

Full Text Available Right measurement is a powerful instrument for social progress; wrong or imprecise measurement a source of hazard and even havoc. The essential purpose of economic activity is the promotion of human development, welfare and well-being in a sustainable manner, and not growth for growth’s sake, yet we lack effective measures to monitor progress toward these objectives. Advances in understanding, theory and measurement must necessarily proceed hand in hand. A companion article in this publication sets forth the urgent need for new theory in economics. This article sets forth the complementary need for new measures. The stakes are high and the choice is ours. On one side, rising social tensions, recurring financial crises and ecological disaster; on the other, the progressive unfolding and development of human capacity in harmony with Nature. The deficiencies of GDP as a measure are well-documented by leading economists Kuznets, Tobin, Tinbergen and many others; but, unfortunately, decision-making still remains largely based on GDP, valid during 1930-70 perhaps, but certainly inappropriate today. The challenge is to derive more appropriate indicators to reflect real, sustainable economic welfare, social development and human wellbeing. The attributes that have made GDP so successful are often overlooked — it provides clear objectives for policy and decision-making. We propose new composite indicator, HEWI, which can be used to guide decision-making, which retains the strengths associated with GDP, while substantially enhancing its value as a measure of human economic development. HEWI monitors progress on factors that contribute prominently to present economic welfare — household consumption, government welfare-related expenditure, income inequality and unemployment — as well as factors that have the potential to significantly enhance long term sustainability — education, fossil fuel energy efficiency and net household savings. The index

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

Science.gov (United States)

Khan, Syed Abdul Rehman; Qianli, Dong

2017-12-01

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

Prediction of net energy consumption based on economic indicators (GNP and GDP) in Turkey

International Nuclear Information System (INIS)

Soezen, Adnan; Arcaklioglu, Erol

2007-01-01

The most important theme in this study is to obtain equations based on economic indicators (gross national product-GNP and gross domestic product-GDP) and population increase to predict the net energy consumption of Turkey using artificial neural networks (ANNs) in order to determine future level of the energy consumption and make correct investments in Turkey. In this study, three different models were used in order to train the ANN. In one of them (Model 1), energy indicators such as installed capacity, generation, energy import and energy export, in second (Model 2), GNP was used and in the third (Model 3), GDP was used as the input layer of the network. The net energy consumption (NEC) is in the output layer for all models. In order to train the neural network, economic and energy data for last 37 years (1968-2005) are used in network for all models. The aim of used different models is to demonstrate the effect of economic indicators on the estimation of NEC. The maximum mean absolute percentage error (MAPE) was found to be 2.322732, 1.110525 and 1.122048 for Models 1, 2 and 3, respectively. R 2 values were obtained as 0.999444, 0.999903 and 0.999903 for training data of Models 1, 2 and 3, respectively. The ANN approach shows greater accuracy for evaluating NEC based on economic indicators. Based on the outputs of the study, the ANN model can be used to estimate the NEC from the country's population and economic indicators with high confidence for planing future projections

System of Indicators of the Level of Costs of Financing an Economic Subject

Directory of Open Access Journals (Sweden)

Laktionova Aleksandra A.

2013-11-01

Full Text Available The article offers a system of indicators of the level of costs of financing economic subjects, in the basis of which there is a function of formation of recommendations or identification of directions and priorities in the part of selection of one or another source of financing, its urgency and specific features of attraction of resources, on the basis of information on the level of agent’s costs, information asymmetry costs, financial instability, transaction and market indicators of cost of financial resources. The article pays a special attention to a significant structure forming factor of the ownership structure, which identifies the volume and logic of interconnection of all costs of financing and determining incentives and risks in the system of management of financial activity of an economic subject from the point of view of all participants. It exerts especially big influence upon formation of such implicit costs of financing as agent’s costs and information asymmetry costs. The system of factors of stimulants and de-stimulants of costs of financing includes factors of external environment (macro-economic and market indicators of cost and institutional provision and internal environment (ownership structure, characteristic of investment activity and financing an economic subject, organisation of business and corporate management.

Socio-economic vulnerability to natural hazards - proposal for an indicator-based model

Science.gov (United States)

Eidsvig, U.; McLean, A.; Vangelsten, B. V.; Kalsnes, B.; Ciurean, R. L.; Argyroudis, S.; Winter, M.; Corominas, J.; Mavrouli, O. C.; Fotopoulou, S.; Pitilakis, K.; Baills, A.; Malet, J. P.

2012-04-01

Vulnerability assessment, with respect to natural hazards, is a complex process that must consider multiple dimensions of vulnerability, including both physical and social factors. Physical vulnerability refers to conditions of physical assets, and may be modeled by the intensity and magnitude of the hazard, the degree of physical protection provided by the natural and built environment, and the physical robustness of the exposed elements. Social vulnerability refers to the underlying factors leading to the inability of people, organizations, and societies to withstand impacts from the natural hazards. Social vulnerability models can be used in combination with physical vulnerability models to estimate both direct losses, i.e. losses that occur during and immediately after the impact, as well as indirect losses, i.e. long-term effects of the event. Direct impact of a landslide typically includes casualties and damages to buildings and infrastructure while indirect losses may e.g. include business closures or limitations in public services. The direct losses are often assessed using physical vulnerability indicators (e.g. construction material, height of buildings), while indirect losses are mainly assessed using social indicators (e.g. economical resources, demographic conditions). Within the EC-FP7 SafeLand research project, an indicator-based method was proposed to assess relative socio-economic vulnerability to landslides. The indicators represent the underlying factors which influence a community's ability to prepare for, deal with, and recover from the damage associated with landslides. The proposed model includes indicators representing demographic, economic and social characteristics as well as indicators representing the degree of preparedness and recovery capacity. Although the model focuses primarily on the indirect losses, it could easily be extended to include more physical indicators which account for the direct losses. Each indicator is individually

The Analysis of the Main Macroeconomic Indicators of the Socio-Economic Development of Ukraine

Directory of Open Access Journals (Sweden)

Broyaka Antonina А.

2018-03-01

Full Text Available The article deals with studying the most important macroeconomic indicators characterizing the trends in the social and economic development of Ukraine for the period 2010–2017. Particular attention is paid to the index of nominal and real gross domestic product (GDP, including per capita, and to the factors that restrain its growth. An analysis of inflation processes using the dynamics of price indices (GDP Deflator, Consumer Price Index is carried out. Furthermore, the problem of unemployment and employment, their impact on GDP dynamics are highlighted. Some aspects of Ukraine’s financial and economic stability are assessed on the basis of analysis of the performance of government debt obligations, balance of payments, and investments. As a result of the conducted research, it is revealed that during the last 2016-2017 there observed a partial stabilization of the socio-economic state of the national economy and its transition to the phase of recovery (in particular, the real GDP growth was 2.5 %, inflation — only 1.3 %, and unemployment — only 0.2 %. However, the analyzed indicators testify to the still relatively low rates of economic recovery caused by the previous loss of production capacities, interbranch and logistics links in the interregional and foreign economic space, restriction of access to energy raw materials, devaluation of the national currency, and growth of investment risks. As a result, the directions of addressing the main unsolved problems for the transition to sustainable economic growth are outlined.

Mapping key economic indicators of onshore wind energy in Sweden by using a geospatial methodology

International Nuclear Information System (INIS)

Siyal, Shahid Hussain; Mentis, Dimitris; Howells, Mark

2016-01-01

Highlights: • We spatially quantified and visualized the economic indicators of onshore wind energy in Sweden. • Possible land use constraints to wind energy were taken into account. • Economic indicators were estimated on the basis of two wind turbines. • We used a GIS-based methodology for this analysis and found it very useful. • Results suggest that Sweden holds economic feasible wind energy resource, specially in the southern and central regions. - Abstract: Due to modern advancements in renewable energy systems and increasing prices of fossil fuels wind energy is getting a lot of attention all over the world. In this regard, Sweden also fixed motivated targets to get energy supply from local renewable energy resources. So, local wind power could help the country in achieving the targets. In this study, economic indicators of wind energy were spatially estimated for Sweden by using ArcGIS tool. In order to do this, as input data one-year high resolution modeled annual average wind data was processed by means of Rayleigh distribution, wind turbine power curve, land use constraints, technical constraints and economic parameters. Based on the input data, it was concluded that Sweden possesses economically feasible wind energy resource. The results of the study indicate that southern and central regions could produce economically viable wind electricity in all aspects as compared to the northern region of the country. Lastly, it was recommended to speed up wind energy penetration in Sweden, communal awareness and acceptance regarding the resource should be increased to avoid possible misunderstanding. Additionally, the capability of the national electric grid should be enhanced to take up the large scale unpredictable wind energy resource.

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

Directory of Open Access Journals (Sweden)

Cristina-Petrina Trincu-Dragusin

2016-12-01

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

Regional Disparities and Territorial Indicators in Turkey: Socio-Economic Development Index (SEDI)

OpenAIRE

Metin Ozaslan; Bulent Dincer; Huseyin Ozgur

2006-01-01

This aim of this article is to examine the problem of regional disparities in Turkey applying to the economic and social development indicators. One of the main problems encountered in the field of regional development in Turkey is the difficulties in having access to qualified data as is the case in other countries. Therefore, it is of great importance to improve the information gathering and evaluation systems in Turkey. Social and economic development index (SEDI) rankings have contributed...

The integral indicator of socio-economic assessment in regard to resource-oriented territories development in Russia

Science.gov (United States)

Chuvashova, M. N.; Avramchikova, N. T.; Zelenkov, P. V.; Petrosyan, M. O.

2016-04-01

Economic peculiarity of Russian resource-oriented territories are based on a focal type of industrial complex, differentiation of economies within a principle of mining and processing of natural resources. To improve the economic condition and integrate into the world innovative process is essential to solve the problem of eliminating the prevalence of resourse focus in the industrial economic structure that could ensure the overcoming of the existing spa- cial dissociation and market mechanisms development in innovative promotion. The monitoring system, involving the integral indicator of socioeconomic and territorial potential assessment, has suggested by the authors. The integral indicator could guarantee the objective evaluation of economic condition within a territory that is vital for the governmental authorities to design strategies providing the economic development of administrative territories.

Relationship Between the Brazilian Soccer Confederation Rankings and the Economical-Financial Indicators of Soccer Teams

Directory of Open Access Journals (Sweden)

Cleston Alexandre dos Santos

2017-02-01

Full Text Available Brazilian soccer teams are required to present good results inside and outside the field. The main demand is about winning titles, to present continuous and increasing profits, and, consequently, to reach economic-financial stability. The present study aims at analyzing the relationship between the ranking formed by the Brazilian Soccer Confederation (CBF and the economic-financial indicators of the Brazilian soccer teams. The sample consisted of 36 Brazilian soccer teams that belong to the series A, B and C. Such teams are linked to CBF and published their financial statements of 2014. For data analysis, we used multi-criteria decision making method VIKOR that was applied along with Kendall rank correlation. Results revealed that the majority of Brazilian soccer teams have insufficient economical liquidity; they cannot bear their own expenses; they dependent of third-party resources; and they present negative profitability. Results also showed, through VIKOR technique, that the soccer teams studied occupy different positions in CBF ranking and in the economical-financial indicators, except for Botafogo club. Kendall rank correlation revealed no correlation and no significance between the rankings. Findings seem to support the idea that there is no relationship between CBF rankings and the economical-financial indicators of Brazilian soccer teams.

[Contextual indicators to assess social determinants of health and the Spanish economic recession].

Science.gov (United States)

Cabrera-León, Andrés; Daponte Codina, Antonio; Mateo, Inmaculada; Arroyo-Borrell, Elena; Bartoll, Xavier; Bravo, María José; Domínguez-Berjón, María Felicitas; Renart, Gemma; Álvarez-Dardet, Carlos; Marí-Dell'Olmo, Marc; Bolívar Muñoz, Julia; Saez, Marc; Escribà-Agüir, Vicenta; Palència, Laia; López, María José; Saurina, Carme; Puig, Vanessa; Martín, Unai; Gotsens, Mercè; Borrell, Carme; Serra Saurina, Laura; Sordo, Luis; Bacigalupe, Amaia; Rodríguez-Sanz, Maica; Pérez, Glòria; Espelt, Albert; Ruiz, Miguel; Bernal, Mariola

To provide indicators to assess the impact on health, its social determinants and health inequalities from a social context and the recent economic recession in Spain and its autonomous regions. Based on the Spanish conceptual framework for determinants of social inequalities in health, we identified indicators sequentially from key documents, Web of Science, and organisations with official statistics. The information collected resulted in a large directory of indicators which was reviewed by an expert panel. We then selected a set of these indicators according to geographical (availability of data according to autonomous regions) and temporal (from at least 2006 to 2012) criteria. We identified 203 contextual indicators related to social determinants of health and selected 96 (47%) based on the above criteria; 16% of the identified indicators did not satisfy the geographical criteria and 35% did not satisfy the temporal criteria. At least 80% of the indicators related to dependence and healthcare services were excluded. The final selection of indicators covered all areas for social determinants of health, and 62% of these were not available on the Internet. Around 40% of the indicators were extracted from sources related to the Spanish Statistics Institute. We have provided an extensive directory of contextual indicators on social determinants of health and a database to facilitate assessment of the impact of the economic recession on health and health inequalities in Spain and its autonomous regions. Copyright © 2016 SESPAS. Publicado por Elsevier España, S.L.U. All rights reserved.

Economic Indicators of Condition and Tendencies of Serbian Economy

Directory of Open Access Journals (Sweden)

Zorica SREDOJEVIĆ

2011-12-01

Full Text Available Global economic crisis has, following financial crisis, hit real sector, and as after effect, large number, mostly developed countries in the world are in recession. Serbian industry is also influenced by global economic crisis. Outer debt is significantly and constantly increasing since beginning of transition process. Main cause to it is rather large disproportion between import and export. Trends in structure of outer debt indicate on notable decrease of national debt on account to private one, during whole transition period. On short term there is no significant risk for country on account of outer debt, but for long term elimination of this risk, it is necessary to considerably increase total export. Former policies should be linked to unconventional employment initiatives, as for new labour, as for redundant ones from restructuring economy branches. State has prominent role in transition process, by helping market exhibit its functions through physical and institutional infrastructure, as well trough public sector, removing most of the market obstacles, and stimulating technical-technological development and education.

Ecological and Economic Indicators of Oil and Gas Companies Functioning

OpenAIRE

Anastasia V. Sheveleva

2016-01-01

This article analyzes the basic ecological-economic indicators of oil and gas companies, in particular the various volumes of oil, the number of spills per year of CO2 emissions, the costs of environmental protection. In the process of exploration, development and exploitation of oil and gas fields, production, refining, transportation and storage companies have a negative impact on the environment. Occur accidents involving oil spills, emissions and discharges of pollutants into the environm...

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.

Energy indicators series: analyzing the energy-related evidence of economic transition in the Pacific Rim

International Nuclear Information System (INIS)

Paga, Enrique; Birol, Fatih

1992-01-01

In recent years, much attention has been focused upon the Asian Pacific countries as constituting an economic 'miracle' over the last two decades. Economic growth in the Pacific Rim has been higher than in any other area of the world. The rapid industrialization process and its impact on the economies of these countries, at both macro and micro levels, are discussed widely in the economic literature. Of particular interest are the fundamental structural changes these countries have experienced in their transition to industrialized economies. This instalment of the annual 'Energy indicators' series concentrates on Pacific Rim countries, namely Hong Kong, the Philippines, Singapore, South Korea, Taiwan and Thailand. Similar to other experiences, rapid economic growth in these countries has been accompanied by 'spectacular' growth in demand for energy. Therefore, this year's paper not only underlines certain trends in these six energy markets but also attempts to test the phenomenon 'threshold country', i.e., shifting from the developing to the industrialized world by using common indicators and methodologies. The analysis starts with a comparison of energy intensities. Section 2 provides an overview of the socio-economic and energy indicators of the Pacific Rim countries. Section 3 introduces a standard econometric model on the most dynamic consuming sector, namely transport. Section 4 presents the projections of consumption in this sector and discusses policy issues. Some concluding remarks in Section 6 complete the paper. (author)

Evaluation of competitive and economic indices in canola and pea intercropping at different rates of nitrogen fertilizer

Directory of Open Access Journals (Sweden)

Seyfollah fallah

2016-05-01

Full Text Available The experiment was conducted in order to evaluate of competitive and economic indices in canola and pea intercropping at different rates of nitrogen fertilizer at Shahrekord University research farm during 1390 - 1391. Intercropping and sole cropping treatments (100% canola; 66% canola + 33% pea, 50% canola + 50% pea; 33% canola + 66% pea; 100% pea were evaluated as the first factor and nitrogen rates (100% need; 75% need and 50% need as the second factor in a randomized complete block design with three replications. The calculated competitive indices were included land equivalent ratio (LER, relative crowding coefficient (K, aggressively (A, the system production index (SPI, actual yield loss (AYL, competitive ratio (CR and economy indices included monetary advantage index (MAI, and the intercropping advantage (IA. Results showed that all the competitive and economic indices had the highest amount in 50 and 75% of nitrogen requirement. The amounts of AYLt and SPI and economic indices (MAI and IA were positive for all intercropping ratios. Also, LERt and Kt for all intercropping ratio were greater than one, that indicating the superiority of intercropping over sole cropping any of the two plants. The positive values aggressively index and the greater than one values competitive ratio for canola, indicated canola was superior competitor in compared to pea. In conclusion, the evaluation of competitive and economic indices appropriately describes intercropping advantage of canola with pea in reduced nitrogen fertilizer conditions.

Analysis of extreme values of the economic efficiency indicators of transport infrastructure projects

Science.gov (United States)

Korytárová, J.; Vaňková, L.

2017-10-01

Paper builds on previous research of the authors into the evaluation of economic efficiency of transport infrastructure projects evaluated by the economic efficiency ratio - NPV, IRR and BCR. Values of indicators and subsequent outputs of the sensitivity analysis show extremely favourable values in some cases. The authors dealt with the analysis of these indicators down to the level of the input variables and examined which inputs have a larger share of these extreme values. NCF for the calculation of above mentioned ratios is created by benefits that arise as the difference between zero and investment options of the project (savings in travel and operating costs, savings in travel time costs, reduction in accident costs and savings in exogenous costs) as well as total agency costs. Savings in travel time costs which contribute to the overall utility of projects by more than 70% appear to be the most important benefits in the long term horizon. This is the reason why this benefit emphasized. The outcome of the article has resulted how the particular basic variables contributed to the total robustness of economic efficiency of these project.

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

International Nuclear Information System (INIS)

2006-01-01

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

Sustainability and Indicators Overview from Ecological Economics and Environmental Economics Perspective; Panoramica General de la Sostenibilidad y sus Indicadores desde la Perspectiva de la Economia Ecologica y Economia Ambiental

Energy Technology Data Exchange (ETDEWEB)

Cornejo, M

2012-04-11

From the emergence of the concept of sustainable development (1987) social sciences have trying to resolve the difficult balance between economy, environment and society and how to measure it with indicators. There are several approaches to sustainability of the economic doctrine which provide different points of view on this issue. The purpose of this article is multiple, firstly we analyze the historical evolution of the relationship between the economic thought and the natural environment. Second, we study the two main economic approaches which study sustainability concerns: the environmental economics and ecological economics. Finally, we examine some of the main economic and environmental indicators. (Author) 40 refs.

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

Science.gov (United States)

Lim, Kah Boon; Sek, Siok Kun

2017-04-01

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

Five Years After the Hawai‘i Smoke-free Law: Tourism and Hospitality Economic Indicators Appear Unharmed

Science.gov (United States)

Rivard, Cheryl; Lipsher, Julian; Hyland, Andrew

2013-01-01

Opponents of Hawai‘i's smoke-free law argued that such a law would lead to a decrease in tourism. The purpose of this study is to determine if there is evidence of an adverse impact of Hawai‘i's smoke-free law on tourism utilizing data obtained from Hawai‘i's Department of Business, Economic Development & Tourism website for tourists from the United States. Descriptive statistics were reported before and after the law and linear regression was used to assess the relationship between the implementation of the law and changes in indicators of tourism while adjusting for underlying economic factors. The most pronounced fluctuations observed with all tourism indicators occurred around the time the US entered the recession (December 2007), with steady increases following the end of the US recession. While controlling for economic and seasonal trends, the presence of the smoke-free law was associated with an increase in arrivals (β= 42847.9; 95% CI: 16303.3, 69392.5), accommodation employees (β= 969.0; 95% CI: 351.1, 1586.8) and food services & beverage places employees (β=3390.8; 95% CI: 2326.9, 4454.7). Fluctuations in tourism indicators are likely to be associated with greater economic forces, such as decreasing GDP and consumer confidence in the United States and greater global economic trends, rather than the smoke-free law. PMID:24167770

Five years after the Hawai'i smoke-free law: tourism and hospitality economic indicators appear unharmed.

Science.gov (United States)

Dobson Amato, Katharine A; Rivard, Cheryl; Lipsher, Julian; Hyland, Andrew

2013-10-01

Opponents of Hawai'i's smoke-free law argued that such a law would lead to a decrease in tourism. The purpose of this study is to determine if there is evidence of an adverse impact of Hawai'i's smoke-free law on tourism utilizing data obtained from Hawai'i's Department of Business, Economic Development & Tourism website for tourists from the United States. Descriptive statistics were reported before and after the law and linear regression was used to assess the relationship between the implementation of the law and changes in indicators of tourism while adjusting for underlying economic factors. The most pronounced fluctuations observed with all tourism indicators occurred around the time the US entered the recession (December 2007), with steady increases following the end of the US recession. While controlling for economic and seasonal trends, the presence of the smoke-free law was associated with an increase in arrivals (β= 42847.9; 95% CI: 16303.3, 69392.5), accommodation employees (β= 969.0; 95% CI: 351.1, 1586.8) and food services & beverage places employees (β=3390.8; 95% CI: 2326.9, 4454.7). Fluctuations in tourism indicators are likely to be associated with greater economic forces, such as decreasing GDP and consumer confidence in the United States and greater global economic trends, rather than the smoke-free law.

Macrofinancial Indicators in the Economic Strategy of the State

Directory of Open Access Journals (Sweden)

Rudyk Nataliia V.

2016-08-01

Full Text Available The aim of the article is to study the effectiveness of the set strategic objectives of the state and the fact of their implementation. On the basis of the analysis and systematization of the existing practical and theoretical framework the place and the importance of macrofinancial indicators in the public finance management system has been determined. The definition of MFI in the broad and narrow sense is suggested. In the broad sense it is a quantitative measure assessing the condition of public finances at the moment of decision-making and reflecting the results of its impact on achieving the objectives of the state financial policy. The narrow sense reduces it to understanding the indicator as the one adapted for the purposes of specific analysis. The experience of previous strategies of the administrative apparatus is studied. On the basis of analyzing the priority macrofinancial indicators the assessment of current practices of implementing the state economic strategy has been carried out. The study found a discrepancy between the objectives set by the Strategy for Sustainable Development “Ukraine – 2020” with the real situation in the country’s economy. It is noted that the use of macrofinancial indicators aimed at achieving a particular limit only within a single reporting period negatively affects the system character of management.

Behavioral economic measures of alcohol reward value as problem severity indicators in college students.

Science.gov (United States)

Skidmore, Jessica R; Murphy, James G; Martens, Matthew P

2014-06-01

The aims of the current study were to examine the associations among behavioral economic measures of alcohol value derived from 3 distinct measurement approaches, and to evaluate their respective relations with traditional indicators of alcohol problem severity in college drinkers. Five behavioral economic metrics were derived from hypothetical demand curves that quantify reward value by plotting consumption and expenditures as a function of price, another metric measured proportional behavioral allocation and enjoyment related to alcohol versus other activities, and a final metric measured relative discretionary expenditures on alcohol (RDEA). The sample included 207 heavy-drinking college students (53% female) who were recruited through an on-campus health center or university courses. Factor analysis revealed that the alcohol valuation construct comprises 2 factors: 1 factor that reflects participants' levels of alcohol price sensitivity (demand persistence), and a second factor that reflects participants' maximum consumption and monetary and behavioral allocation toward alcohol (amplitude of demand). The demand persistence and behavioral allocation metrics demonstrated the strongest and most consistent multivariate relations with alcohol-related problems, even when controlling for other well-established predictors. The results suggest that behavioral economic indices of reward value show meaningful relations with alcohol problem severity in young adults. Despite the presence of some gender differences, these measures appear to be useful problem indicators for men and women. PsycINFO Database Record (c) 2014 APA, all rights reserved.

[Indicators to monitor the evolution of the economic crisis and its effects on health and health inequalities. SESPAS report 2014].

Science.gov (United States)

Pérez, Glòria; Rodríguez-Sanz, Maica; Domínguez-Berjón, Felicitas; Cabeza, Elena; Borrell, Carme

2014-06-01

The economic crisis has adverse effects on determinants of health and health inequalities. The aim of this article was to present a set of indicators of health and its determinants to monitor the effects of the crisis in Spain. On the basis of the conceptual framework proposed by the Commission for the Reduction of Social Health Inequalities in Spain, we searched for indicators of social, economic, and political (structural and intermediate) determinants of health, as well as for health indicators, bearing in mind the axes of social inequality (gender, age, socioeconomic status, and country of origin). The indicators were mainly obtained from official data sources published on the internet. The selected indicators are periodically updated and are comparable over time and among territories (among autonomous communities and in some cases among European Union countries), and are available for age groups, gender, socio-economic status, and country of origin. However, many of these indicators are not sufficiently reactive to rapid change, which occurs in the economic crisis, and consequently require monitoring over time. Another limitation is the lack of availability of indicators for the various axes of social inequality. In conclusion, the proposed indicators allow for progress in monitoring the effects of the economic crisis on health and health inequalities in Spain. Copyright © 2013 SESPAS. Published by Elsevier Espana. All rights reserved.

Economic Status and Adult Mortality in India: Is the Relationship Sensitive to Choice of Indicators?

Science.gov (United States)

Barik, Debasis; Desai, Sonalde; Vanneman, Reeve

2018-03-01

Research on economic status and adult mortality is often stymied by the reciprocity of this relationship and lack of clarity on which aspect of economic status matters. While financial resources increase access to healthcare and nutrition and reduce mortality, sickness also reduces labor force participation, thereby reducing income. Without longitudinal data, it is difficult to study the linkage between economic status and mortality. Using data from a national sample of 132,116 Indian adults aged 15 years and above, this paper examines their likelihood of death between wave 1 of the India Human Development Survey (IHDS), conducted in 2004-2005 and wave 2, conducted in 2011-2012. The results show that mortality between the two waves is strongly linked to the economic status of the household at wave 1 regardless of the choice of indicator for economic status. However, negative relationship between economic status and mortality for individuals already suffering from cardiovascular and metabolic conditions varies between three markers of economic status - income, consumption and ownership of consumer durables - varies, reflecting two-way relationship between short and long term markers of economic status and morbidity.

Mobile phone call data as a regional socio-economic proxy indicator.

Directory of Open Access Journals (Sweden)

Sanja Šćepanović

Full Text Available The advent of publishing anonymized call detail records opens the door for temporal and spatial human dynamics studies. Such studies, besides being useful for creating universal models for mobility patterns, could be also used for creating new socio-economic proxy indicators that will not rely only on the local or state institutions. In this paper, from the frequency of calls at different times of the day, in different small regional units (sub-prefectures in Côte d'Ivoire, we infer users' home and work sub-prefectures. This division of users enables us to analyze different mobility and calling patterns for the different regions. We then compare how those patterns correlate to the data from other sources, such as: news for particular events in the given period, census data, economic activity, poverty index, power plants and energy grid data. Our results show high correlation in many of the cases revealing the diversity of socio-economic insights that can be inferred using only mobile phone call data. The methods and the results may be particularly relevant to policy-makers engaged in poverty reduction initiatives as they can provide an affordable tool in the context of resource-constrained developing economies, such as Côte d'Ivoire's.

INDICATOR SYSTEM FOR MEASUREMENT OF FINANCIAL AND ECONOMIC ACTIVITIES IN PUBLIC INSTITUTIONS

Directory of Open Access Journals (Sweden)

Valeriy Dudnyk

2015-11-01

Full Text Available The object of the work is study of methods for analyzing the current financial and economic performance of a company as well as the usage of existing methods for the assessment of the company in the current and future periods. Analysis of financial and economic performance provides not only assessment of the current situation of a company, but a projection of its future behavior. Thus, the results can be used for planning and prediction. Different ways of handling of economic information are currently used in activity analysis to study the factors influencing the performance of a company and to account its reserves. An objective assessment of the financial and economic situation of the modern enterprise is the crucial part of justified decision-making. It forms the basis for determining the development strategy and acts as one of the key indicators for investors and creditors. Tracking and evaluating the effectiveness of a company requires above all comprehensive assessment of its financial and economic activities, monitoring the implementation of decisions, and identification of reserves for improvement. The process of activity analysis requires generalization of models which allow using their results both as a guide for future development of the economic system as well as a base for comparison and evaluation of the present state of the company. This enables justified decision making in particular situations and clarifies usage of existing methods for assessment of the company in the current and future periods. Results. Financial and economic activities of a company require comprehensive analysis, which may be carried out in the following steps: formulating and analyzing business objectives of the company, forming the information basis, constructing a comparison table, analyzing the data, producing a comprehensive rating score of the financial and economic situation of the company. Comprehensive rating score should take into account all

Reactive tendencies of bibliometric indicators: Trends in the alphabetization of authorship in economics and information science

DEFF Research Database (Denmark)

Faber Frandsen, Tove; Nicolaisen, Jeppe

The paper adds a category to the list of possible negative steering effects of bibliometric indicators with a category for changes in credit assignment. The results of a longitudinal study of credit assignment practices in the fields of economics and information science are presented. The practice...... of alphabetization of authorship is demonstrated to vary significantly between the two fields. A slight increase is demonstrated to have taken place in economics during the last 30 years (1978-2007). A substantial decrease is demonstrated to have taken place in information science during the same period. A possible...... explanation for the demonstrated difference could be that information scientists have been much more aware of the bibliometric consequences of being first author compared to their colleagues in comparable fields (e.g., economics). This and other possible reactive tendencies of bibliometric indicators...

Using GIS-based methods of multicriteria analysis to construct socio-economic deprivation indices

Directory of Open Access Journals (Sweden)

Hayes Michael V

2007-05-01

Full Text Available Abstract Background Over the past several decades researchers have produced substantial evidence of a social gradient in a variety of health outcomes, rising from systematic differences in income, education, employment conditions, and family dynamics within the population. Social gradients in health are measured using deprivation indices, which are typically constructed from aggregated socio-economic data taken from the national census – a technique which dates back at least until the early 1970's. The primary method of index construction over the last decade has been a Principal Component Analysis. Seldom are the indices constructed from survey-based data sources due to the inherent difficulty in validating the subjectivity of the response scores. We argue that this very subjectivity can uncover spatial distributions of local health outcomes. Moreover, indication of neighbourhood socio-economic status may go underrepresented when weighted without expert opinion. In this paper we propose the use of geographic information science (GIS for constructing the index. We employ a GIS-based Order Weighted Average (OWA Multicriteria Analysis (MCA as a technique to validate deprivation indices that are constructed using more qualitative data sources. Both OWA and traditional MCA are well known and used methodologies in spatial analysis but have had little application in social epidemiology. Results A survey of British Columbia's Medical Health Officers (MHOs was used to populate the MCA-based index. Seven variables were selected and weighted based on the survey results. OWA variable weights assign both local and global weights to the index variables using a sliding scale, producing a range of variable scenarios. The local weights also provide leverage for controlling the level of uncertainty in the MHO response scores. This is distinct from traditional deprivation indices in that the weighting is simultaneously dictated by the original respondent scores

How Do National Economic Competitiveness Indices View Human Capital?

Science.gov (United States)

Sabadie, Jesus Alquezar; Johansen, Jens

2010-01-01

"Economic competitiveness" is at the top of national, regional and global political and economic agendas. Several countries in all regions of the world have established policies and institutions devoted to economic competitiveness, including in developing and transition countries. This leads to the question of how to define national economic…

The relationships among National Socio-Economic Indicators and ...

African Journals Online (AJOL)

The objective of this study was therefore to use data reported by the United Nations to assess the relationships among national socio-economic statistics on education, economic performance, health care, nutrition, agriculture and demography, and infant and child mortality rates, from 129 countries. The methods used in the ...

"Rekindle and Recapture the Love": Establishing System-Wide Indicators of Progress in Community Engagement and Economic Development

Science.gov (United States)

Janke, Emily M.

2014-01-01

In May 2012, University of North Carolina (UNC) President Tom Ross simultaneously commissioned two task forces to develop indicators that all UNC campuses could use to measure "progress in community engagement and economic development." The charge to the Community Engagement Task Force and the Economic Development Task Force was to…

The Role and Interdependence of Economic Indicators in Optimal Natural Gas Supply in Macedonia as a transitional Economy

Directory of Open Access Journals (Sweden)

Daniela Mladenovska

2018-02-01

Full Text Available This paper elaborates the importance of the economic set of indicators relevant for assessing natural gas supply options, as a part of the multi criteria decision making (MCDM method. Such an approach is a useful tool for decision makers. Thus, the paper is not only dealing with economic indicators arising from investment and other types of costs, but it mostly focuses on macroeconomic environment and macroeconomic preconditions strongly related to energy infrastructure. MCDM is firstly utilized to calculate the indicator’s weighting factors, and further, regression analyses are performed in terms of identifying interdependencies among the indicators.

Analysis of economic convergence through synthetic development indicators: the chilean case study

Directory of Open Access Journals (Sweden)

Víctor Fernando Figueroa Arcila

2003-01-01

Full Text Available This paper defends the use of convergence models to study the temporary evolution of the Chilean communes’ socioeconomic development. To do so, we will use an indicator made up of using multivariate analysis techniques. By means of regression models of transversal section and models of distributional dynamics we will outline, on the basis of the historic function of communal economies, the behaviour expected for those economies in future and, therefore, the tendencial evolution of Chilean territorial economic model.

Dominant Indicators of Bank Crises: Comparative Analysis for States with Different Levels of Economic Development

Directory of Open Access Journals (Sweden)

Kozlov Vladislav I.

2014-03-01

Full Text Available The article is devoted to identification of common and distinctive regularities of development of banking systems with different levels of development of economy through study of the most important macro-economic and financial indicators. The article uses instruments of the applied statistics. The study is based on comparison of mean values of indicators in two groups of countries (countries with a high level of income and countries with a medium level of income, each of which is divided into two sub-groups based on whether there was banking crisis in 2008 or not. In the result of the study the article shows that there are both common and distinctive features of development of banking systems of countries with different levels of economic development. Thus, a typical scenario, characteristic for countries with developed economy that had banking crisis in 2008, includes availability of a relatively large-scale crediting of the economy under conditions of relatively low rates of economic growth and close connections of the national banking systems with banking systems of other countries. Development of banking systems of developing countries during the pre-crisis period is characterised with the following specific features: relatively high rates of growth of scales of crediting of the economy and high rates of economic growth under conditions of use of significant volumes of resources, borrowed in financial markets, and close connection of the national banking systems with banking systems of other countries. The study allows a more efficient use of experience of states with developed economy, since the described results give a possibility to adjust experience of other states, taking into account characteristic features of banking systems of developing countries. Also the study identified states, experience of which should be studied. The conducted analysis of interrelations of indicators could be used for building models of assessment of

Financial indicators to evaluate the economic performance of feedlot steers with different slaughter weights

Directory of Open Access Journals (Sweden)

Edom de Avila Fabricio

Full Text Available ABSTRACT: The objective of this study was to evaluate various financial indicators, estimated deterministically (considering historical quotes twelve consecutive years - 2003 to 2014, on the economic feasibility of finishing steers commercialized with different weights, using the simulation technique. Performance data steers were simulated with average initial weight of 350kg, fed in feedlot and slaughtered with 410, 440, 470, 500, 530, 560 and 590kg. The feeding period varies from 46 to 185 days, respectively. Based in various economic indicators, the viability of the investment decreased linearly according to the increase in slaughter weight. The coefficient of simple linear regression and means from lowest to highest slaughter weight were, respectively: net present value (-0.538 and R$ 67.37, R$ 65.28, R$ 32.14, R$ -7.34, R$ 8.01, R$ -12.38, R$ -23.41; index benefit: cost (-0.0003 and R$ 1.042, R$ 1.039, R$ 1.014, R$ 1.006, R$ 1.003, R$ 0.995, R$ 0.991; additional return on investment (-0.009 and 1.38, 1.29, 0.35, 0.11, 0.05, -0.08, -0.13% per month; internal rate of return (-0.009 and 2.21, 2.10, 1.28, 0.80, 0.93, 0.78, 0.73% per month. Feedlot use as termination option to obtain the direct benefits of this technology is an alternative investment with low economic return.

Wacky Patents Meet Economic Indicators

DEFF Research Database (Denmark)

Czarnitzki, Dirk; Hussinger, Katrin; Schneider, Cédric

2011-01-01

We investigate whether standard indicators can distinguish between “wacky” patents and a control group. Forward citations are good predictors of importance. However, “wacky” patents have higher originality, generality and citation lags, suggesting that these indicators should be interpreted...

IMPROVING THE ECOLOGICALAND ECONOMIC INDICES OFTHE COMPANY ON THE BASIS OFTHE BESTAVAILABLE TECHNIQUES

Directory of Open Access Journals (Sweden)

Anna Gunkova

2018-01-01

Full Text Available It is shown that the modern society pays much attention to the issue of environmental security. On the basis of literary sources it is noted that there is a trend to strengthening the role of environmentally oriented management methods, guidelines for the modernization of production, implementation of environmental management systems and environmental certification. Environmental certification helps the company to properly allocate resources for environmental protection and provides the state with the accurate data and the receipt of payments in budgets of all levels for negative impact on the environment. The structural changes are based on the requirements of the environmental legislation, new requirements to ecological regulation. The authors confirm the need for transition to the Best available techniques (BAT, which significantly improve environmental and economic performance of the enterprise. Implementation of BAT requires the effective replacement of obsolete resource-intensive production and modern technology. Such transitions affect the size of payments for negative impact on the environment and the volume of economic incentives from the state. It is noted that Russia applies the European experience as a basis of creating guidebooks on the best available techniques. The definition of technology as the best available techniques is determined by the resolution of the Government of the Russian Federation. Indicators and information generated in the BREF are also required in carrying out the environmental monitoring and control. Changes in these indicators reflect the quality of the technology used. Implementation of BAT requires significant investments, the priority should be conservation projects that eliminate the most acute environmental problems and maximize environmental benefits. The increased interest of enterprises in the application of environmental technologies is not only based on obtaining favorable conditions for state

State of Canada's forests, 1991: Second report to parliament: Environmental, social and economic indicators. Annual publication

Energy Technology Data Exchange (ETDEWEB)

1992-01-01

Second annual report on the state of Canada's forests, including national and provincial profiles of the forests; environmental, economic and social indicators; public opinions about forestry issues; competition in forest products in world markets; forestry research and development; and performance indicators. A glossary is included.

Constructing and Validating a Multiple-Indicator Construct of Economic Hardship in a National Sample of Adolescents with Disabilities

Science.gov (United States)

Murray, Christopher; Doren, Bonnie; Gau, Jeff M.; Zvoch, Keith; Seeley, John R.

2015-01-01

The purpose of the current study was to develop a multi-indicator construct of economic hardship among adolescents with disabilities (N = 9,230) participating in the National Longitudinal Transition Study-2, the largest, most comprehensive investigation of adolescents with disabilities ever conducted. Five theoretically relevant indicators (i.e.,…

Indicators of Educational Development in Latin America and its Impact on the Economic Levels of the Population

Directory of Open Access Journals (Sweden)

Carlos Muñoz Izquierdo

2000-11-01

Full Text Available Based on the information published by the Economic Commission for Latin America (CEPAL, the authors have followed the growth of the region’s educational systems, mainly during the last decades of the 20th century. The patterns of distribution of educational opportunities among the various economic levels and sexes have also been examined. On the other hand, they have analyzed some impact indicators related to the expansion of educational opportunities within the working fields where graduates of those school systems are, and indicators of the probability of those individuals earning higher wages than those considered as the minimum in many countries to outdo poverty. Finally, some obstacles which have hindered the equal distribution of education have been identified, and some political features necessary to overcome them have been sketched.

Integrating economic and environmental indicators in the assessment of desertification risk: A case study

Energy Technology Data Exchange (ETDEWEB)

Salvati, L. [Piazza F. Morosini 12, Rome (Italy); Zitti, M.; Ceccarelli, T. [Ufficio Centrale di Ecologia Agraria, Rome (Italy)

2008-09-30

Desertification is a complex phenomenon which reduces the soil fertility involving ecological and economic processes that characterize the environment at different geographic scales. The most widely accepted definition of desertification is the one given by the United Nations Convention. It defines desertification as 'land degradation in arid, semi-arid and dry sub-humid areas resulting from various factors, including climatic variations and human actities'.Desertification involves many countries featuring different ecological, economic, and social conditions. In Mediterranean Europe, high human pressure, economic development, and climatic changes combine to produce land consumption, soil erosion, salinization, and fire risk, all considered as key factors to start desertification processes. For many years the term desertification has been strictly associated to geo-physical conditions, but in very complex ecosystems the study of the interaction of physical patterns with population and social characteristics is necessary to better delineate areas at risk. The aims of this paper are therefore (i) to review recent findings in term of desertification processes and risk assessment in the Mediterranean basin, (ii) to illustrate a simplified model in which social and economic variables may significantly accelerate land degradation leading to desertification, (iii) to suggest a set of demographic, economic, and institutional indicators suitable to contribute to the assessment of desertification risk in the Mediterranean basin, (iv) to built a synthetic index based on a multivariate approach and, finally, (v) to compare such index with a standard index of desertification risk only referring to geo-physical conditions. As a conclusion, new findings to be achieved in the context of human impact on environment as an original contribution to the study of desertification were delineated.

The Integration of Socio-Economic Indicators in the CASBEE-UD Evaluation System: A Case Study

Directory of Open Access Journals (Sweden)

Francesco Cappai

2018-03-01

Full Text Available The use of tools to measure the degree of sustainability of cities is the approach that receives the most attention in developed countries. However, studies of evaluation tools at the neighborhood level reveal that there are many weaknesses in the most widely-used evaluation systems (LEED-ND, BREEAM Communities, CASBEE-UD. There are ambiguities and gaps in weighting and in scoring and in most cases, there is no mechanism for local adaptability and participation. The purpose of this study is to provide an overview of the current situation by highlighting the strengths and weaknesses of these evaluation tools in order to integrate social and economic aspects for the improvement of the CASBEE-UD (neighborhood level evaluation tool. The selection of socio-economic aspects was made through the use of a multi criteria Analysis Hierarchical Process (AHP and a Geographic Integration System (GIS. The results of this case study indicate that most evaluation tools need to be revised because most do not include socio-economic aspects. We have demonstrated that applying the CASBEE-UD assessment tool integrated with socio-economic aspects to four boroughs in the City of Montreal can measure success by addressing the objectives of sustainable development.

The use of economic indicators from the Global Reporting Initiative by Spanish listed companies

Directory of Open Access Journals (Sweden)

María José García

2014-12-01

Full Text Available Purpose: Corporate Social Responsibility (CSR in companies is widely accepted within today’s business community. However, the intangibility of this concept and the dispersion of related standards and regulations has created a context characterized by lack of homogeneity in the publishing of CSR results. The present study aims to determine the extent to which Global Reporting Initiative (GRI indicators are used by Spanish listed companies. Design/methodology/approach: An empirical analysis has been performed to asses and evaluate the 2011 CSR reports published by the companies listed on the IBEX-35, the Spanish stock exchange index which includes the most important listed companies. The analysis is centered exclusively on the economic indicators established by the GRI. The methodology used to interpret the results is based on the procedures of multivariate analysis, namely principal components analysis, correlation matrix, and hierarchical clustering. Findings: The results of the study show that although the GRI tool is used extensively within the IBEX-35, the level of performance regarding the parameters established by the GRI varies depending on the studied company and indicator. Research limitations: This study focuses on the biggest Spanish listed companies; thus, the conclusions may differ in other geographic locations, as well as for smaller businesses. Practical implications: This line of research helps to know more about the social reporting policies of big Spanish listed companies. Social implications: The evidence provided by this study helps to know more about the Corporate Social Responsibility policies and sustainability reports and declarations of social and environmental values governing their organizations. Originality/value: This study is the first using principal component analysis in Spanish listed companies focusing in the economic indicators of the GRI.

The impact of green logistic based on financial economic, social and environment activities on sustainable monetary expansion indicators of Oman

Directory of Open Access Journals (Sweden)

Faris Alshubiri

2017-05-01

Full Text Available Purpose: The purpose of this study is to examine green logistic activities by three axes (financial economic, social and environment activities and how these activities affect on sustainable monetary expansion indicators as an evidence of Sultanate of Oman. Design/methodology/approach: This study began by definition elements of logistic green and how evolution of this concept in recent years. This concept analyzed after survey of previous studies on green logistic. The independent variables of green logistic  are includes of three components of financial economic , social and environment and applies these components to clarify the impact on expansionary monetary policy indicators ( broad , narrow and reserve money as a important signals  in determining a country's economy. This study used data published in statistical annual report of central bank of Oman as representative of country economic of sultanate of Oman from the period 2008 to 2015.  Findings: The results found two variables of government support to electricity sector (GSE and subsidy on soft loans to private sector and housing (SSLPH based on environment activities are statistical significant 1% and 5%. Only one variable of transport and communication (TC in financial economic activates is statistical significant at 1% and 5% , but all variables community, social and personal (CSP , cultural and religious affairs (CRA and social security and welfare (SSW in social activities are statistical significant at 1% 5% and 10% , finally , also the multiple regression test run of all variables of green logistics activities and each monetary expansion indicators and found there are a statistical significant at 1% and 5%, .The study recommends that should be attention with financial economic activities as a quantitative standard contributes to build the green logistic by diagnosed the priorities and existing economic and financial system that contributes of  sustainable development system in

A Secular Indicator Of the Degree Of Economic Development and Synthetic Evaluation Of Population Well-Being Trends

Directory of Open Access Journals (Sweden)

Gheorghe Săvoiu

2015-12-01

Full Text Available he specifically multidisciplinary approach employed in the present paper is motivated by the validity of Engel’s sociological laws, the usefulness of the elasticity of the population’s food products demand according to income, the statistical association between the contraction of the share of expenditures for these goods and the expansion of economy development, and the consistent assessment of the trends in population well-being, in keeping with the research of family budgets, focusing on the case of Romania in the last century. The introduction is devoted to the statistical, economic and sociological tools for assessing economic development and the trends in well-being. The first section describes the weighting coefficients in the universe of interpret indexes, and the second presents the methodology relating to a secular instrument of assessing the degree of economic development and the synthetic evaluation of the trends of well-being in Romania, in parallel to a number of maximum and minimum (European and international trends. The results presented, and the discussion caused by the statistical confrontation of that statistical, economic and sociological information, embrace, with the conclusions, the attempt made by the whole of the paper, to round up, by means of this tool, a necessary set of secular or Schumpeterian indicators, harmonized and comparable, of the GDP/capita type, or such as cost of life index, consumer price index, public and external debt, etc.; such already constructed indicators contribute to delineating the historical and macro-behavioural specificity of such an economy in Eastern Europe as that of Romania.

New Indicators of the Level of Social Dissatisfaction in the Planning of Social-Economic Development of the Region

Directory of Open Access Journals (Sweden)

Michel Yurevich Dolomatov

2017-03-01

Full Text Available The article is devoted to the urgent problem related to the development of the region, namely, the creation of tools for the assessment of the level of social dissatisfaction in the region. The assessment of the level of social dissatisfaction is one of the most important tasks of state organizations in political and social spheres. The article considers the concept of "social dissatisfaction" and associated terms, it substantiates the author's position on the content of this notion. The authors have investigated the existing national and international approaches to the assessing of social tensions of the population. The system of socio-economic development indicators doesn’t contain indicators allowing to assess the level of social dissatisfaction without the results of public polls. We propose two models in the article. In the first model, the assessment is basedon the single factor (the index of social dissatisfaction based on income differentiation. The second complex model takes into account a number of factors (the index of social dissatisfaction based on complex assessment. For the calculation of the proposed indicators, the authors use the statistical data of the Federal State Statistics Service. The methodological research tools include the mathematical methods of statistical data processing. We have evaluated the methodological tools on the example of the Republic of Ingushetia. The assessment has showed the dynamics of a decline in the level of social-economic dissatisfaction in the region (1995–2011. The models of social dissatisfaction constitute a tool for rapid and up-to-date assessment of socio-economic system sustainability, and of the willingness of the population to participate in protests. The application of the results of this study is the support of decision-making regions and state structures in working out plans of the socio-economic development of the regions.

Economic Risk Assessment Taking Into Account the Volume Oscillator Indicators

Directory of Open Access Journals (Sweden)

Loredana Mihaela LAPADUSI

2016-09-01

Full Text Available Economic risk can be assessed from many points of view, but generally speaking it means the firm's inability to match workload with cost structure. Expansion of production capacity, adaptation to new technologies, diversification of products are only a few factors influencing risk. These, along with financial risk and bankruptcy risk constitute the most important category of risk which presents a great interest for the banks, shareholders, managers, business partners, etc. The purpose of this article is to provide a brief overview of tje oscillation of your company's activity from the point of view of economic risk. The main objective of this research lies in economic risk assessment by means of the margin of safety, the safety index and critical time point.

Socio-economic indicators influencing the adoption of hybrid ...

African Journals Online (AJOL)

The study observed the poor use of hybrid sorghum cultivars by subsistence farmers. The project sought to establish which, if any, socio-economic factors influence the adoption of hybrid sorghum cultivars by this sector of the farming community. The focus was on Makhuduthamaga Municipality in Sekhukhune District of ...

Effect of economic indicators and uncertainties on the selection of a production strategy; Analise da influencia de indicadores economicos e incertezas na escolha da estrategia de producao

Energy Technology Data Exchange (ETDEWEB)

Neves, Fabio Rodrigues; Schiozer, Denis J. [Universidade Estadual de Campinas, SP (Brazil). Faculdade de Engenharia Mecanica. Dept. de Engenharia de Petroleo; Suslick, Saul B. [Universidade Estadual de Campinas, SP (Brazil). Inst. de Geociencias

2004-07-01

The decision of a firm to make investments on petroleum fields depends on the expected economic performance and on the firm economics context and on country economic and regulatory constraints. Traditionally, the Net Present Value (NPV) has being used for decision criterion as a measure of profitability of investments. The other indicators are used to help investment decision, because, according to the priorities established by the firm, only one indicator may not be sufficient. On this paper we will show production strategies considering a set of economic indicators: NPV, actualized Np, Return on investment (ROI), Equivalent Present Value (EPV), Cost Benefit, and NPV/Np ratio. The use of different economic indicators permits capture different aspects from in a decision process, i.e., each indicator or a set of economic measures may result in a different perspective, that will influence the decision manager. It is important to emphasize the use of more than one indicators may been advantageous, mainly on oil reservoirs that present high level of uncertainties. The presented application is related to the choice of the production strategy of a petroleum field. The indicators are used to evaluate the performance of the field and of the production and injection wells. A sensitivity analysis was performed in order to show the use of indicators on uncertain scenarios (oil prices, taxes, etc). The results show that the use of various indicators proportionate a decision taking with a lesser risk, as well as makes possible to capture other project characteristics which not always can be represented by the traditional use of NPV. (author)

Measuring health inequality among children in developing countries: does the choice of the indicator of economic status matter?

NARCIS (Netherlands)

Houweling, Tanja A. J.; Kunst, Anton E.; Mackenbach, Johan P.

2003-01-01

BACKGROUND: Currently, poor-rich inequalities in health in developing countries receive a lot of attention from both researchers and policy makers. Since measuring economic status in developing countries is often problematic, different indicators of wealth are used in different studies. Until now,

GROUPING OF MUNICIPAL DISTRICTS OF THE ASTRAKHAN REGION OF SOCIO-ECONOMIC INDICATORS WITH APPLICATION OF FACTOR ANALYSIS

Directory of Open Access Journals (Sweden)

Marina V. Kolomeiko

2014-01-01

Full Text Available In the article analyzed and identifi ed the main factors affecting the level of poverty of the population in Astrakhan region made a multi-dimensional classifi cation of municipal districts of the Astrakhan region on socio-economic indicators characterizing the poverty of the population on thebasis of the cluster analysis.

Cognitive Value of Financial Indicators

Directory of Open Access Journals (Sweden)

Gabriela Cristina FLOREA

2012-11-01

Full Text Available Economic and Financial indicators are very important tools in the assessment of the economic entity's well-being. They Provide permanent monitoring of the significance of the issues related to the economic activity's deployment. The main Objectives tracked by the process of managing the company with the help of Economic and Financial indicators is the activity's continuity, ensuring liquidity and Achieving positive results.

ECOLOGICAL ECONOMICS VS ECONOMIC(AL ECOLOGY

Directory of Open Access Journals (Sweden)

G. Kharlamova

2015-10-01

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

Value of Lost Load: An Efficient Economic Indicator for Power Supply Security? A Literature Review

Energy Technology Data Exchange (ETDEWEB)

Schröder, Thomas, E-mail: t.schroeder@fz-juelich.de; Kuckshinrichs, Wilhelm [Institute of Energy and Climate Research – Systems Analysis and Technology Evaluation (IEK-STE), Forschungszentrum Jülich GmbH, Jülich (Germany)

2015-12-24

Security of electricity supply has become a fundamental requirement for well-functioning modern societies. Because of its central position in all sections of society, the present paper considers the economic consequences of a power supply interruption. The value of lost load (VoLL) is a monetary indicator expressing the costs associated with an interruption of electricity supply. This paper reviews different methods for calculating VoLL, provides an overview of recently published studies, and presents suggestions to increase the explanatory power and international comparability of VoLL.

ECONOMIC VALUE ADDED AND MARKET VALUE ADDED - MODERN INDICATORS FOR ASSESSMENT THE FIRM’S VALUE

Directory of Open Access Journals (Sweden)

NICOLAE SICHIGEA

2015-12-01

Full Text Available The financial theory developed different categories of indicators - traditional and modern - in order to evaluate the firm’s value creation. The shareholders are directly interested by the value added in the company. The value creation is a complex process that implies correct decisions, common responsibility (managers and shareholders and actions towards an efficient and profitable activity. The traditional indicators of performance are not teoritically correlated with the the value creation and in these circumstances, should be used appropriate financial indicators in order to reflect the value of the company. Therefore, the modern indicators used in the value based management framework offer a greater flexibility and efficiency and represent a good alternative for companies. Such performance indicators used to measure the financial results correlated with shareholder wealth are the Economic Value Added (EVA, as a measure of internal performance and the Market Value Added (MVA as a measure of external performance of the company. Starting from the main deficiencies of the accounting indicators, the objective of this this study is to present the relationship between EVA and MVA and their implications on firms’valuation. Thus, the presentation and analysis of these indicators – EVA and MVA - will underline the main features, their correlations, and influence factors but also the main advantage and disadvantage of each indicator, which will enable the managers to make the correct choice and subsequently the best decision regarding the performance measures.

Welfare effects of natural disasters in developing countries: an examination using multi-dimensional socio-economic indicators

Science.gov (United States)

Mutter, J. C.; Deraniyagala, S.; Mara, V.; Marinova, S.

2011-12-01

The study of the socio-economic impacts of natural disasters is still in its infancy. Social scientists have historically regarded natural disasters as exogenous or essentially random perturbations. More recent scholarship treats disaster shocks as endogenous, with pre-existing social, economic and political conditions determining the form and magnitude of disaster impacts. One apparently robust conclusion is that direct economic losses from natural disasters, similar to human losses, are larger (in relative terms) the poorer a country is, yet cross-country regressions show that disasters may accrue economic benefits due to new investments in productive infrastructure, especially if the investment is funded by externally provided capital (Work Bank assistance, private donations, etc) and do not deplete national savings or acquire a debt burden. Some econometric studies also show that the quality of a country's institutions can mitigate the mortality effects of a disaster. The effects on income inequality are such that the poor suffer greater 'asset shocks' and may never recover from a disaster leading to a widening of existing disparities. Natural disasters affect women more adversely than men in terms of life expectancy at birth. On average they kill more women than men or kill women at a younger age than men, and the more so the stronger the disaster. The extent to which women are more likely to die than men or to die at a younger age from the immediate disaster impact or from post-disaster events depends not only on disaster strength itself but also on the socioeconomic status of women in the affected country. Existing research on the economic effects of disasters focus almost exclusively on the impact on economic growth - the growth rate of GDP. GDP however is only a partial indicator of welfare, especially for countries that are in the lower ranks of development status. Very poor communities are typically involved in subsistence level activities or in the

Productivity in physical and chemical science predicts the future economic growth of developing countries better than other popular indices.

Science.gov (United States)

Jaffe, Klaus; Caicedo, Mario; Manzanares, Marcos; Gil, Mario; Rios, Alfredo; Florez, Astrid; Montoreano, Claudia; Davila, Vicente

2013-01-01

Scientific productivity of middle income countries correlates stronger with present and future wealth than indices reflecting its financial, social, economic or technological sophistication. We identify the contribution of the relative productivity of different scientific disciplines in predicting the future economic growth of a nation. Results show that rich and poor countries differ in the relative proportion of their scientific output in the different disciplines: countries with higher relative productivity in basic sciences such as physics and chemistry had the highest economic growth in the following five years compared to countries with a higher relative productivity in applied sciences such as medicine and pharmacy. Results suggest that the economies of middle income countries that focus their academic efforts in selected areas of applied knowledge grow slower than countries which invest in general basic sciences.

Ecological study of socio-economic indicators and prevalence of asthma in schoolchildren in urban Brazil

Directory of Open Access Journals (Sweden)

Genser Bernd

2007-08-01

Full Text Available Abstract Background There is evidence of higher prevalence of asthma in populations of lower socio-economic status in affluent societies, and the prevalence of asthma is also very high in some Latin American countries, where societies are characterized by a marked inequality in wealth. This study aimed to examine the relationship between estimates of asthma prevalence based on surveys conducted in children in Brazilian cities and health and socioeconomic indicators measured at the population level in the same cities. Methods We searched the literature in the medical databases and in the annals of scientific meeting, retrieving population-based surveys of asthma that were conducted in Brazil using the methodology defined by the International Study of Asthma and Allergies in Childhood. We performed separate analyses for the age groups 6–7 years and 13–14 years. We examined the association between asthma prevalence rates and eleven health and socio-economic indicators by visual inspection and using linear regression models weighed by the inverse of the variance of each survey. Results Six health and socioeconomic variables showed a clear pattern of association with asthma. The prevalence of asthma increased with poorer sanitation and with higher infant mortality at birth and at survey year, GINI index and external mortality. In contrast, asthma prevalence decreased with higher illiteracy rates. Conclusion The prevalence of asthma in urban areas of Brazil, a middle income country, appears to be higher in cities with more marked poverty or inequality.

Ecological and Economic Indicators of Oil and Gas Companies Functioning

Directory of Open Access Journals (Sweden)

Anastasia V. Sheveleva

2016-01-01

Full Text Available This article analyzes the basic ecological-economic indicators of oil and gas companies, in particular the various volumes of oil, the number of spills per year of CO2 emissions, the costs of environmental protection. In the process of exploration, development and exploitation of oil and gas fields, production, refining, transportation and storage companies have a negative impact on the environment. Occur accidents involving oil spills, emissions and discharges of pollutants into the environment. As a result contaminates water resources, soil and atmosphere, animals dying, birds and fish, but also transformed the structure of the subsurface and changes the landscape, reduced strategic reserves of fuel and energy resources are formed objects of accumulated environmental damage. The need for construction of environmental protection facilities; the protection, rational use and rehabilitation of lands; protection of water resources and atmospheric air; monitoring the environment and industrial facilities; the prevention and elimination of consequences of accidents on pipelines; disposal and recycling of waste; environmental education; conducting scientific research requires oil and gas companies to undertake large expenditures. A positive trend of modern development of oil and gas companies is the introduction of mechanisms for environmental management in practice their activities, which leads to a gradual reduction of the negative impact of their activities on the environment.

INFLUENCE OF ORGANIZATIONAL AND TECHNOLOGICAL SOLUTIONS TO TECHNICAL AND ECONOMICAL INDICATORS IN PROJECT OF HEAT INSULATION FACADES

Directory of Open Access Journals (Sweden)

BABIJ I. N. Cand. Sc. (Tech., Associate Professor,

2016-09-01

Full Text Available Summary. Raising of problem. The article dedicated to the solution important problems of choosing rational technical and economic indicators of the duration and cost the process heat insulation facades of buildings by means of experimental and statistical modeling organizational and technological solutions. For this we used the results of numerical experiment, theory a shorthand experiment planning and contemporary computer programs. Purpose. We used experimentally-statistical modeling to establish the impact of organizational and technological solutions for heat insulation of facades by hinged ventilated systems on technical and economic parameters of the project, such as duration and cost. Conclusion. We investigated depending duration assembly jobs and manufacturing cost on the value and combination of variable factors experimental and statistical modeling of construction processes and results patterns of change in studied parameters.

Productivity in physical and chemical science predicts the future economic growth of developing countries better than other popular indices.

Directory of Open Access Journals (Sweden)

Klaus Jaffe

Full Text Available Scientific productivity of middle income countries correlates stronger with present and future wealth than indices reflecting its financial, social, economic or technological sophistication. We identify the contribution of the relative productivity of different scientific disciplines in predicting the future economic growth of a nation. Results show that rich and poor countries differ in the relative proportion of their scientific output in the different disciplines: countries with higher relative productivity in basic sciences such as physics and chemistry had the highest economic growth in the following five years compared to countries with a higher relative productivity in applied sciences such as medicine and pharmacy. Results suggest that the economies of middle income countries that focus their academic efforts in selected areas of applied knowledge grow slower than countries which invest in general basic sciences.

On the relationship between economic freedom and economic growth

NARCIS (Netherlands)

Haan, Jakob de; Sturm, Jan-Egbert

1999-01-01

Often it is maintained that economic freedom may further high levels of economic growth. This paper compares various indicators for economic freedom. It is concluded that although these measures differ somewhat in their coverage, they show similar rankings for the countries covered. Some elements in

How robust is the relationship between economic freedom and economic growth?

NARCIS (Netherlands)

Sturm, JE; De Haan, J

Using various indicators for economic freedom, it is shown that increases in economic freedom are robustly related to economic growth. This conclusion holds even if the impact of outlying observations is taken into account. The level of economic freedom is not related to growth.

The effect of information processing technology on its economic indicators in the oil industry. O vliyanii tekhnologii obrabotki informatsii na yeye ekonomicheskiye pokazateli v usloviyakh neftyanoy promyshlennosti

Energy Technology Data Exchange (ETDEWEB)

Obidnov, B I; Maksimova, T N

1984-01-01

The issues of the dependence of the economic indicators of information acquisition in the oil industry on its processing technology are examined. Different variants in a technology for processing information are examined and the characteristics for increasing the cost of information within an oil extracting enterprise are analyzed in detail. The economic indicators of information providing it is processed in a computer center are also disclosed.

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

International Nuclear Information System (INIS)

Davidsdottir, B.; Fisher, M.

2011-01-01

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

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

Directory of Open Access Journals (Sweden)

Próchniak Mariusz

2014-10-01

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

The economic aspect

International Nuclear Information System (INIS)

MacKerron, G.

1984-01-01

The subject is covered in sections: introduction (indicating the importance of 'back end' operations in the economics of nuclear power production); irradiated fuel transport costs in the UK (the Sizewell PWR; existing UK reactors); economic appraisal; past nuclear economics; future nuclear economics; (electricity demand; technological maturity; social and political factors; competition to nuclear power). (U.K.)

Spatial patterns of diversity and genetic erosion of traditional cassava (Manihot esculenta Crantz) cultivation in the Peruvian Amazon: an evaluation of socio-economic and environmental indicators

NARCIS (Netherlands)

Willemen, L.; Scheldeman, X.; Soto Cabellos, V.; Salazar, S.R.; Guarino, L.

2007-01-01

This study evaluates quantitatively the suitability of the use of site-specific socio-economic and environmental data as indicators to rapidly assess patterns of diversity and genetic erosion risk in cassava. Socio-economic data as well as farmers¿ estimation of genetic erosion were collected in the

Explaining slow economic growth and poor social development indicators: The case of Morocco

NARCIS (Netherlands)

S.I. Bergh (Sylvia)

2005-01-01

textabstractDrawing on elements of a political economy framework, this paper addresses two inter-related questions with regard to economic growth and public expenditure patterns in Morocco. The main factors that help explain Morocco’s relatively slow economic growth for the last few decades have to

China's Economic Conditions

National Research Council Canada - National Science Library

Morrison, Wayne M

2008-01-01

.... The Chinese government has indicated that it intends, over time, to create a "harmonious society" that would promote more balanced economic growth and address a number of economic and social issues...

Social and economic vulnerability indicators for oil exporting countries: methodology and comparison analysis; Indicadores de vulnerabilidade socioeconomica para paises exportadores de petroleo: metodologia e analise comparativa

Energy Technology Data Exchange (ETDEWEB)

Jesus, Fernanda Delgado de

2009-04-15

The oil exporting countries can be vulnerable to this row-material as the oil importing ones, due to their social economic dependence of the revenues generated by the oil and gas sector. So, it is also important for those countries the analysis of their social economic vulnerability in order to contribute for the comprehension of their real actions related to their production strategies, aiming to affect oil price and market-share. Due to that, this thesis proposes a methodology based on social economic indicators of oil exporting countries, which will enclose the following aspects: physical, productive, commercial, macro economic, fiscal and social. These indicators will be applied to the OPEC members, Norway and Mexico, and orientated through a normalized scale as in a multicriteria methodology (AHP - Analytic Hierarchy Process). The analyzed results will drive the social economic implications, and the studied countries will be classified in a scale that goes from very favorable to very unfavorable. The results point the main social economic fragilities of the oil exporting countries, designing pathways to Brazil and their possible exporting ambitions. The most important considerations that became from the vulnerable oil export countries experiences refers to the necessity to straight and increases their macro economic foundations, industrial diversification incentives and the creation of an stabilization fund (based on oil revenues) for the future generations, or to severe oil prices oscillations periods in the international market (author)

Online social activity reflects economic status

Science.gov (United States)

Liu, Jin-Hu; Wang, Jun; Shao, Junming; Zhou, Tao

2016-09-01

To characterize economic development and diagnose the economic health condition, several popular indices such as gross domestic product (GDP), industrial structure and income growth are widely applied. However, computing these indices based on traditional economic census is usually costly and resources consuming, and more importantly, following a long time delay. In this paper, we analyzed nearly 200 million users' activities for four consecutive years in the largest social network (Sina Microblog) in China, aiming at exploring latent relationships between the online social activities and local economic status. Results indicate that online social activity has a strong correlation with local economic development and industrial structure, and more interestingly, allows revealing the macro-economic structure instantaneously with nearly no cost. Beyond, this work also provides a new venue to identify risky signal in local economic structure.

Mathematical and Economic Modeling of the Results of Correlation Between Indicators of Profitability and Asset Management

Directory of Open Access Journals (Sweden)

Silviu CÂRSTINA

2015-09-01

Full Text Available Activity companies, regardless of sector, aims to both keep a favorable position in the market and creating financial resources to respond favorably people interact undertaking. These considerations are actually provided by the existence and sustainability of any business activity. Through this paper we follow not only the level of profitability of businesses related to food industry sector in Dolj, Romania, but also the correlation between the indicators of profitability and management of assets. The period of analysis is given by the range of 2012 - 2013, and of data analysis in terms of economic and mathematical being done using SPSS statistical and mathematical software.

ECONOMIC AND TOURISM INDICATORS AS A MEANS OF MONITORING SUSTAINABLE TOURISM: THE CASE OF INLAND ISTRIA

Directory of Open Access Journals (Sweden)

Nikola Vojnovic

2013-06-01

Full Text Available This paper analyses indicators to study the sustainability of tourism in inland Istria, which comprises 24 municipalities and towns belonging to Istria County. Taking into account the criteria of availability, reliability, predictability, clarity and feasibility, the following quantitative indicators were used: the Indicator of Tourist Operation (ITO, the Modified Importance Index of major tourism centres (Im, the Specific Overnights Threshold (SOT, tourism-related taxes in the budgets of municipalities and towns, company investments into tourism and hospitality, and the number of employees in tourism and hospitality. According to the ITO indicator, Predominant Tourism Activity was recorded only in Oprtalj Municipality. Being a measure of the spatial distribution of a specific economic activity, the Modified Importance Index established that in all municipalities and towns of inland Istria tourism is either poorly developed or in its incipient stage. The SOT indicator suggests that tourism has no negative effects on local economies and that tourism-related taxes make a minor contribution to the revenue side of municipal and town budgets. Company investment in tourism and hospitality and the number of employees in these industries are indicators that reveal that inland Istria is only beginning to develop into a tourism region. The quantitative indicators were confirmed by the results of qualitative indicators obtained through problem-focused interviews with the representatives of municipalities, towns and local tourist boards. The singular conclusion derived from the interviews was that tourism is a desirable activity, is in its initial stage of development, and is not a threat to local economies. The results of the study confirm the hypothesis that inland Istria is a region of sustainable tourism currently in the involvement stage of the destination lifecycle.

Economic Indicators of the Farm Sector. Costs of Production, 1986.

Science.gov (United States)

Economic Research Service (USDA), Washington, DC.

This report contains 121 tables that estimate the costs of production of various commodities on United States farms in 1986. The report first assesses costs and returns on a per-unit basis, such as one acre or one animal, under three sections of a budget: cash receipts, cash expenses, and economic costs. The budgets are based on national…

Evaluating the impact of the carbon dioxide capturing process on the indices of economic efficiency in thermal power plants

International Nuclear Information System (INIS)

Marukhyan, V.Z.; Elbakyan, S.H.

2017-01-01

Taking into account the input of carbon dioxide as a greenhouse gas in the global warming process, the technological solutions of its capturing, and the implementation possibilities in environmentally safe thermal power plants are considered. In power plants equipped with effective systems for cleaning the fuel gas and the coal gasification, the influence of the CO 2 reduction and realization of quotes on the indices of economic efficiency is estimated

Energy efficiency indicators of Italy (1970-1992)

Energy Technology Data Exchange (ETDEWEB)

D` Angelo, E; Perrella, G [ENEA, Centro Ricerche Casaccia, Rome (Italy). Dip. Energia; Bianco, R

1996-02-01

This report is aimed at presenting the results of the energy efficiency evolution in Italy for the 1970-1992 period Results come from the data-base developed under the SAVE/EnR project on `Cross countries comparison on energy efficiency indicators`. In order to be comparable among countries, efforts have been made to harmonize the data collection as well as the definition and the calculation of energy efficiency indicators. Selected indicators are considered in order to illustrate the potentiality of the project (around 200 different energy efficiency indicators can be calculated and presented). Emphasis is put on the interpretation of the so-called `techno-economic indicators` as well as explanatory indicators both for the economic and techno-economic approaches. Industry, transport, tertiary, residential and transformation sectors have been analyzed.

Indicators of sustainable tourism

Directory of Open Access Journals (Sweden)

Jovičić Dobrica

2010-01-01

Full Text Available The indicators, precisely describing the linkages between tourism and the environment, social and cultural base, are not easily available. How ever, some relevant organizations (WTO, EU, OECD, etc., institutions and experts, have been hardly working to create the indicators of sustainable tourism. Whereas the economic objectives are easily defined by the use of the traditional indicators used in national and business economics, it is very difficult to identify widely applicable environmental, social and cultural indicators. In order to stimulate and alleviate the process of sustainable tourism development, EU created the list of comparative indicators of sustainable tourism. In preparing this list, special attention is paid to identification of valid indicators of real tourism impacts on the social and cultural environment (the entire set of traditions, customs, history, hospitality and culture that characterize a given area, that is a very complex task. Assuming the fact that the related indicators have been analyzed in many European countries, this paper is focused on applying the related indicators in research of tourism development in villages of the Kosjerić community. .

Economic and demographic outlook

International Nuclear Information System (INIS)

Darby, P.M.

1995-01-01

Economic forecasts were produced and past trends were examined. Information was presented as a series of figures only, without accompanying text. Information provided included current exchange rates, economic growth, interest rates, housing starts, unemployment rates, personal savings rates and other economic indicators. 40 figs

AN OVERVIEW OF SUSTAINABLE DEVELOPMENT INDICATORS

Directory of Open Access Journals (Sweden)

Cristian CRISTU

2016-12-01

Full Text Available Sustainable development requires better quality of life for present and future generations. Additional data is required to measure lasting progress, that tracks economic growth. The objectives that take these aspects into consideration should be accompanied by economic, social, environmental and demographic indicators. Thus, sustainable development indicators satisfy these requirements. The articles makes an analysis of the main indicators of sustainable development. Even though it is important to observe them at a macro, European level, it is necessary to take into consideration the specific situation existing at a local and regional level, as well. Equally important is the integration of objectives aimed at sustainable development into the national policies. Economic improvement can be achieved through jobs and sustainable consumption.

Economic assessment of the construction industry: A construction-economics nexus

Science.gov (United States)

Barber, Herbert Marion, Jr.

The purpose of this study was to conduct an economic assessment of the construction industry. More specifically, this study addresses ambiguities within the literature that are associated with the construction-economics nexus. The researcher 1) investigated the relationships between economic indicators and stock prices of U.S. construction equipment manufacturers, 2) investigated the relationships between energy production, consumption, and corruption, and 3) determined the economic effect electricity generation and electricity consumption has on economies of scale. The researcher used descriptive and inferential statistics in this study and determined that economists, researchers, policy-makers, and others should have predicted the 2007-08 world economic collapse 5-6 years prior to realization of the event given that construction indices and GDP grossly regressed from statistically acceptable trends as early as 2002 and perhaps 2000. Substantiating this claim, the effect of the cost of construction materials and labor, i.e. construction index, on GDP was significant for years leading up to the collapse (1970-2007). Additionally, it was determined that energy production and consumption are predictors of governmental corruption in some countries. In the Republic of Botswana, for example, the researcher determined that energy production and consumption statistically jointly effected governmental corruption. In addition to determining statistical effect, a model for predicting governmental corruption was developed based on energy production and consumption volumes. Also, the researcher found that electricity generation in the 25 largest world economies had a statistically significant effect on GDP. Electricity consumption also had an effect on GDP, as well, but not on other economic indicators. More importantly than the quantitative findings, the researcher concluded that the construction-economics nexus is far more complex than most policy-makers realize. As such

Occurrence of Eimeria species parasites on small-scale commercial chicken farms in Africa and indication of economic profitability.

Directory of Open Access Journals (Sweden)

Kimberly M Fornace

Full Text Available Small-scale commercial poultry production is emerging as an important form of livestock production in Africa, providing sources of income and animal protein to many poor households, yet the occurrence and impact of coccidiosis on this relatively new production system remains unknown. The primary objective of this study was to examine Eimeria parasite occurrence on small-scale commercial poultry farms in Ghana, Tanzania and Zambia. Additionally, farm economic viability was measured by calculating the farm gross margin and enterprise budget. Using these economic measures as global assessments of farm productivity, encompassing the diversity present in regional husbandry systems with a measure of fundamental local relevance, we investigated the detection of specific Eimeria species as indicators of farm profitability. Faecal samples and data on production parameters were collected from small-scale (less than 2,000 birds per batch intensive broiler and layer farms in peri-urban Ghana, Tanzania and Zambia. All seven Eimeria species recognised to infect the chicken were detected in each country. Furthermore, two of the three genetic variants (operational taxonomic units identified previously in Australia have been described outside of Australia for the first time. Detection of the most pathogenic Eimeria species associated with decreased farm profitability and may be considered as an indicator of likely farm performance. While a causal link remains to be demonstrated, the presence of highly pathogenic enteric parasites may pose a threat to profitable, sustainable small-scale poultry enterprises in Africa.

Occurrence of Eimeria Species Parasites on Small-Scale Commercial Chicken Farms in Africa and Indication of Economic Profitability

Science.gov (United States)

Fornace, Kimberly M.; Clark, Emily L.; Macdonald, Sarah E.; Namangala, Boniface; Karimuribo, Esron; Awuni, Joseph A.; Thieme, Olaf; Blake, Damer P.; Rushton, Jonathan

2013-01-01

Small-scale commercial poultry production is emerging as an important form of livestock production in Africa, providing sources of income and animal protein to many poor households, yet the occurrence and impact of coccidiosis on this relatively new production system remains unknown. The primary objective of this study was to examine Eimeria parasite occurrence on small-scale commercial poultry farms in Ghana, Tanzania and Zambia. Additionally, farm economic viability was measured by calculating the farm gross margin and enterprise budget. Using these economic measures as global assessments of farm productivity, encompassing the diversity present in regional husbandry systems with a measure of fundamental local relevance, we investigated the detection of specific Eimeria species as indicators of farm profitability. Faecal samples and data on production parameters were collected from small-scale (less than 2,000 birds per batch) intensive broiler and layer farms in peri-urban Ghana, Tanzania and Zambia. All seven Eimeria species recognised to infect the chicken were detected in each country. Furthermore, two of the three genetic variants (operational taxonomic units) identified previously in Australia have been described outside of Australia for the first time. Detection of the most pathogenic Eimeria species associated with decreased farm profitability and may be considered as an indicator of likely farm performance. While a causal link remains to be demonstrated, the presence of highly pathogenic enteric parasites may pose a threat to profitable, sustainable small-scale poultry enterprises in Africa. PMID:24391923

Occurrence of Eimeria species parasites on small-scale commercial chicken farms in Africa and indication of economic profitability.

Science.gov (United States)

Fornace, Kimberly M; Clark, Emily L; Macdonald, Sarah E; Namangala, Boniface; Karimuribo, Esron; Awuni, Joseph A; Thieme, Olaf; Blake, Damer P; Rushton, Jonathan

2013-01-01

Small-scale commercial poultry production is emerging as an important form of livestock production in Africa, providing sources of income and animal protein to many poor households, yet the occurrence and impact of coccidiosis on this relatively new production system remains unknown. The primary objective of this study was to examine Eimeria parasite occurrence on small-scale commercial poultry farms in Ghana, Tanzania and Zambia. Additionally, farm economic viability was measured by calculating the farm gross margin and enterprise budget. Using these economic measures as global assessments of farm productivity, encompassing the diversity present in regional husbandry systems with a measure of fundamental local relevance, we investigated the detection of specific Eimeria species as indicators of farm profitability. Faecal samples and data on production parameters were collected from small-scale (less than 2,000 birds per batch) intensive broiler and layer farms in peri-urban Ghana, Tanzania and Zambia. All seven Eimeria species recognised to infect the chicken were detected in each country. Furthermore, two of the three genetic variants (operational taxonomic units) identified previously in Australia have been described outside of Australia for the first time. Detection of the most pathogenic Eimeria species associated with decreased farm profitability and may be considered as an indicator of likely farm performance. While a causal link remains to be demonstrated, the presence of highly pathogenic enteric parasites may pose a threat to profitable, sustainable small-scale poultry enterprises in Africa.

THE COMPOSITE LEADING INDICATOR FOR GERMAN BUSINESS CYCLE

Directory of Open Access Journals (Sweden)

Tkacova Andrea

2017-12-01

Full Text Available Monitoring and predicting economic cycles have returned to the awareness of economists with the impact of the economic crisis in 2007/2008. To determine the current and future state of the country’s economic cycle, Composite Leading Indicators (CLI can be used. Their structure is being dealt with by institutions at the national and international level (OECD, Eurostat. Correct predictions of public finance development and the entrepreneurship sphere are very important for competitiveness of the country. The aim of the paper is to propose a new Composite Leading Indicator (CLI to monitor and predict the German economy. The analysis of 140 quantitative and qualitative indicators of industry, services, retail, construction, foreign trade, labor market, money aggregates, stock indices, confidence indicators, consumer expectations was performed for the needs of the indicator. As the reference series represents the German economic cycle, the GDP indicator is selected at constant prices for 2010. All selected quarterly time series are applied with seasonal index methods, the Hodrick-Prescott filter (HP filter in the R program, cross-correlation with time shifts, methods selection and scoring, data standardization, identification of the same and different data and the subsequent construction of the CLI of the German economic cycle. The generated CLI can predict the German economy cycle two quarters ahead with a cross-correlation value of 0.867. The forecasting capabilities of the assembled indicator were better than the prediction capabilities of OECD, Eurostat and IFO indicator.

ECONOMIC CRISIS AND ECONOMIC DISPARITIES IN EUROPEAN UNION

Directory of Open Access Journals (Sweden)

Rodica CRUDU

2015-09-01

Full Text Available The impact of the economic and financial crisis is still being felt. It started as an acute crisis of the banking system, but then quickly affected the real economy, causing a substantial slump in business investment, household demand and output. The current economic crisis has affected almost all European countries but the countries of the European south and the former eastern socialist republics have suffered the most. The objective in this paper is to quantify economic disparities as expressed by several growth indicators, such as GDP per capita, employment/unemployment rates, labour productivity rates and use them to compare the economic performances before and after the crisis. EU took several measures to recover from the economic crisis. Nevertheless, its ability to adjust to widely diverse national and local contexts that have been impacted differently by the effects of the crisis, and to support the different patterns of economic growth that will result from it, is yet to be seen.

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

Directory of Open Access Journals (Sweden)

Anna Stepniak-Kucharska

2015-06-01

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

An assessment of potential hydro-political tensions in transboundary river basins using environmental, political, and economic indicators

Science.gov (United States)

De Stefano, Lucia; Petersen-Perlman, Jacob; Sproles, Eric; Eynard, James; Wolf, Aaron T.

2015-04-01

Globally 286 river basins extend across international borders, covering over 61.9 million km2 of the earth's surface and hosting a total of approximately 2.7 billion people. In these basins, transboundary water resources support an interdependent web of environmental, political, and economic systems that can enhance or destabilize a region. We present an integrated global-scale assessment of transboundary watersheds to identify regions more likely to experience hydro-political tensions over the next decade and beyond based upon environmental, political, and economic indicators. We combine NASA's Gravity Recovery and Climate Experiment (GRACE) measurements of changes in terrestrial water storage with metrics of projected climate change impacts on water variability, the institutional capacity of countries to manage shared water resources, the development of new water infrastructure, per capita gross national income, domestic and international armed conflicts, and recent history of disputes over transboundary waters. The construction of new water-related infrastructure is on-going or planned in many basins worldwide. New water infrastructure is foreseen also in areas where instruments of international cooperation are still absent or limited in scope, e.g. in Southeast Asia, South Asia, Central America, the northern part of the South American continent, and the southern Balkans as well as in different parts of Africa. Moreover, in Central and Eastern Africa, the Middle East, and Central, South and South-East Asia there is a concomitance of several political, environmental and socioeconomic factors that could exacerbate hydropolitical tensions. Our analysis integrates political, economic and environmental metrics and is part of the United Nation's Transboundary Waters Assessment Programme to provide the first global-scale assessment of its type.

Monitoring of trace metals and pharmaceuticals as anthropogenic and socio-economic indicators of urban and industrial impact on surface waters

Science.gov (United States)

Vystavna, Yuliya

2014-05-01

The research focuses on the monitoring of trace metals and pharmaceuticals as potential anthropogenic indicators of industrial and urban influences on surface water in poorly gauged transboundary Ukraine/Russia region. This study includes analysis of tracers use for the indication of water pollution events, including controlled and emerging discharges, and discussion of the detection method of these chemicals. The following criteria were proposed for the evaluation of indicators: specificity (physical chemical properties), variability (spatial and temporal) and practicality (capacity of the sampling and analytical techniques). The combination of grab and passive water sampling (i.e. DGT and POCIS) procedure was applied for the determination of dissolved and labile trace metals (Ag, Cd, Cr, Cu, Ni, Pb and Zn) and pharmaceuticals (carbamazepine, diazepam, paracetamol, caffeine, diclofenac and ketoprofen). Samples were analysed using ICP - MS (trace metals) and LC-MS/MS ESI +/- (pharmaceuticals). Our results demonstrate the distinctive spatial and temporal patterns of trace elements distribution along an urban watercourse. Accordingly, two general groups of trace metals have been discriminated: 'stable' (Cd and Cr) and 'time-varying' (Cu, Zn, Ni and Pb). The relationship Cd >> Cu > Ag > Cr ≥ Zn was proposed as an anthropogenic signature of the industrial and urban activities pressuring the environment from point sources (municipal wastewaters) and the group Pb - Ni was discussed as a relevant fingerprint of the economic activity (industry and transport) mainly from non-point sources (run-off, atmospheric depositions, etc.). Pharmaceuticals with contrasting hydro-chemical properties of molecules (water solubility, bioaccumulation, persistence during wastewater treatment processes) were discriminated on conservative, labile and with combined properties in order to provide information on wastewater treatment plant efficiency, punctual events (e.g. accidents on sewage

The indicators of the sustainable development

International Nuclear Information System (INIS)

1996-01-01

The 132 selected indicators of the sustainable development are described. They are grouped into: (1) The social indicators of the sustainable development; (2) The economic indicators of the sustainable development; (3) The environmental indicators of the sustainable development. (4) The institutional indicators of the sustainable development

DETERMINANTS OF ECONOMIC GROWTH

OpenAIRE

Bartosz Totleben

2013-01-01

The article is examines the impact of macroeconomic indicators, in particular: human capital, government spending, innovation, political and social stability, on economic growth. In total 12 different indicators describing the economical, political and social conditions are taken into account. The study considers 102 countries between years 1960 and 2012 and two methods of estimation are performed: generalized method of moments (GMM) and fixed effects (FE). The results show the positive impac...

[Sustainable development of the three economic patterns in China: The application of genuine progress indicator in the sustainability assessment of six typical cities.

Science.gov (United States)

Li, Jing; Huang, Lu; Yan, Li Jiao

2016-06-01

Three economic patterns, i.e., Zhujiang Model, Wenzhou Model and Sunan Model, were all generated in the developed areas of China. Sustainability assessment of those areas plays an important role in guiding future development of the economy of China. Genuine progress indicator (GPI) was adopted in this study to evaluate the sustainability of 6 typical cities (Guangzhou, Shenzhen, Wenzhou, Suzhou, Wuxi, and Changzhou) of the three economic patterns from 1995 to 2012. During the study period, the values of GDP for the six cities had experienced exponential growth, while the values of GPI started to increase since 2005 after a relatively constant period between 1995 and 2005. The gap between GPI and GDP had been widening from a historical perspective. Zhujiang Model made great progress in economic growth, however, the economic, social, and environmental costs were evident. It should tackle income inequality, traffic jam, and environmental pollution to reach sustainability. The development of Wenzhou Model slowed down in the late pe-riod, with inadequate potential to develop. Its income inequality was tough, social and economic development was slow, and the economic development pattern needed to be urgently changed. Sunan Model had a higher value of GPI and the potential to reach sustainability, with remarkable growth of economy, median level of the GPI costs, and steady improvement of social development, although its natural resources were depleted. Three economic patterns should focus on the three dimensions of sustainability (economy, environment, and society), and Zhujiang Model and Wenzhou Model needed to be more active to search for transition of their development.

Measuring Economic Freedom: Better Without Size of Government.

Science.gov (United States)

Ott, Jan

2018-01-01

The Heritage Foundation and the Fraser Institute measure economic freedom in nations using indices with ten and five indicators respectively. Eight of the Heritage indicators and four of the Fraser-indicators are about specific types of institutional quality, like rule of law, the protection of property, and the provision of sound money. More of these is considered to denote more economic freedom. Both indices also involve indicators of 'big government', or levels of government activities. More of that is seen to denote less economic freedom. Yet, levels of government spending, consumption, and transfers and subsidies appear to correlate positively with the other indicators related to institutional quality, while this correlation is close to zero for the level of taxation as a percentage of GDP. Using government spending, consumption transfers and subsidies as positive indicators is no alternative, because these levels stand for very different government activities, liberal or less liberal. This means that levels of government activities can better be left out as negative or positive indicators. Thus shortened variants of the indices create a better convergent validity in the measurement of economic freedom, and create higher correlations between economic freedom and alternative types of freedom, and between economic freedom and happiness. The higher correlations indicate a better predictive validity, since they are predictable in view of the findings of previous research and theoretical considerations about the relations between types of freedom, and between freedom and happiness.

Quantifying China's regional economic complexity

Science.gov (United States)

Gao, Jian; Zhou, Tao

2018-02-01

China has experienced an outstanding economic expansion during the past decades, however, literature on non-monetary metrics that reveal the status of China's regional economic development are still lacking. In this paper, we fill this gap by quantifying the economic complexity of China's provinces through analyzing 25 years' firm data. First, we estimate the regional economic complexity index (ECI), and show that the overall time evolution of provinces' ECI is relatively stable and slow. Then, after linking ECI to the economic development and the income inequality, we find that the explanatory power of ECI is positive for the former but negative for the latter. Next, we compare different measures of economic diversity and explore their relationships with monetary macroeconomic indicators. Results show that the ECI index and the non-linear iteration based Fitness index are comparative, and they both have stronger explanatory power than other benchmark measures. Further multivariate regressions suggest the robustness of our results after controlling other socioeconomic factors. Our work moves forward a step towards better understanding China's regional economic development and non-monetary macroeconomic indicators.

A multi-objective assessment of an air quality monitoring network using environmental, economic, and social indicators and GIS-based models.

Science.gov (United States)

Pope, Ronald; Wu, Jianguo

2014-06-01

In the United States, air pollution is primarily measured by Air Quality Monitoring Networks (AQMN). These AQMNs have multiple objectives, including characterizing pollution patterns, protecting the public health, and determining compliance with air quality standards. In 2006, the U.S. Environmental Protection Agency issued a directive that air pollution agencies assess the performance of their AQMNs. Although various methods to design and assess AQMNs exist, here we demonstrate a geographic information system (GIS)-based approach that combines environmental, economic, and social indicators through the assessment of the ozone (O3) and particulate matter (PM10) networks in Maricopa County, Arizona. The assessment was conducted in three phases: (1) to evaluate the performance of the existing networks, (2) to identify areas that would benefit from the addition of new monitoring stations, and (3) to recommend changes to the AQMN. A comprehensive set of indicators was created for evaluating differing aspects of the AQMNs' objectives, and weights were applied to emphasize important indicators. Indicators were also classified according to their sustainable development goal. Our results showed that O3 was well represented in the county with some redundancy in terms of the urban monitors. The addition of weights to the indicators only had a minimal effect on the results. For O3, urban monitors had greater social scores, while rural monitors had greater environmental scores. The results did not suggest a need for adding more O3 monitoring sites. For PM10, clustered urban monitors were redundant, and weights also had a minimal effect on the results. The clustered urban monitors had overall low scores; sites near point sources had high environmental scores. Several areas were identified as needing additional PM10 monitors. This study demonstrates the usefulness of a multi-indicator approach to assess AQMNs. Network managers and planners may use this method to assess the

ANALYSIS OF EPIDEMIOLOGICAL AND HEALTH-ECONOMIC INDICATORS IN CASE OF CHILDREN OCULAR TRAUMA

Directory of Open Access Journals (Sweden)

Laurentiu STUPARIU

2017-12-01

Full Text Available Analysis of epidemiological and health-economic indicators on ocular trauma involving children is important for developing targeted managerial, medical and educational strategies of health care providers and patients in order to reduce incidence and severity of pediatric ocular trauma. We analysed data collected from 29 children with ocular trauma from Emergency Hospital of Sibiu, between 2008-2016. For this children with closed globe injury it took an average of 7 days of hospitalization (IQR: (5; 9.5, with a cost per day of hospitalization on average of 127 RON (IQR: (103; 136, respectively a total hospitalization cost on average 856 RON (IQR: (529; 998, with no significant gender or area differences. It took a slightly larger number of hospitalization days in the following situations: (1 in the case of mixed trauma compared to lamellar lacerations or contusions; (2 if the affected area was zone III compared to the other two areas (zone I and zone II; (3 where the visual acuity at admission was less than 1/6(0.16 compared to cases with visual acuity greater than 1/6(0.16; (4 in patients with hypertension at admission compared to those with normal tension or hypotension.

Concept of economic readiness levels assessment

Science.gov (United States)

Yuniaristanto, Sutopo, W.; Widiyanto, A.; Putri, A. S.

2017-11-01

This research aims to build a concept of Economic Readiness Level (ERL) assessment for incubation center. ERL concept is arranged by considering both market and business aspects. Every aspect is divided into four phases and each of them consists of some indicators. Analytic Hierarchy Process (AHP) is used to develop the ERL in calculating the weight of every single aspect and indicator. Interval scale between 0 and 4 is also applied in indicator assessment. In order to calculate ERL, score in every indicator and the weight of both the aspect and indicator are considered. ERL value is able to show in detail the innovative product readiness level from economic sight, market and business aspect. There are four levels in Economic Readiness Level scheme which are investigation, feasibility, planning and introduction.

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.

[Environmental health and inequalities: building indicators for sustainable development].

Science.gov (United States)

Carneiro, Fernando Ferreira; Franco Netto, Guilherme; Corvalan, Carlos; de Freitas, Carlos Machado; Sales, Luiz Belino Ferreira

2012-06-01

Despite its progress in terms of socio-economic indicators, Brazil is still unequal, which is due to an unequal and exclusionary historical process. In this paper we selected the Human Development Index - HDI and other social, economic, environmental and health indicators to exemplify this situation. We selected the municipalities that had the lowest HDI in the country in 2000 comparing their evolution over time between 2000 and 2010 by means of indicators linked to the economic, environmental and social pillars of sustainable development. These municipalities have an HDI classified as low (sustainable development with quality of life, the improvement of sanitation and education indicators should be a priority for Brazil.

CORRELATION BETWEEN ECONOMIC GROWTH AND UNEMPLOYMENT

Directory of Open Access Journals (Sweden)

Savu Mihaela

2013-06-01

Full Text Available The mankind progress is built on economic growth.Yet, the high rates of economic growth must be properly used and correlated with other macroeconomic indicators in order to get the aimed effects.At the Romanian economic level, there is an inverse ratio connection between the gross domestic product and the unemployed number, a connection of low intensity.The correlation of these two indicators was established using parametric and nonparametric methods of analyzing the statistic connection using the informatic soft. Setting the recession function allows us to calculate the unemployed number depending on the forecasting of the economic growth in Romania.

Agglomeration Economies, Economic Growth and the New Economic Geography in Mexico

OpenAIRE

Alejandro Diaz-Bautista

2005-01-01

The present study of regional economic growth in Mexico is based on the new economic geography, where distance plays an important role in explaining urban regional economic growth. The results show that distance to the northern border of Mexico and labor migration between states of Mexico, after the passage of NAFTA are important factors that explain the regional state growth and agglomerations in Mexico between 1994 and 2000. The results also indicate that job growth and FDI are not signific...

Review of sustainability indices and indicators: Towards a new City Sustainability Index (CSI)

Energy Technology Data Exchange (ETDEWEB)

Mori, Koichiro, E-mail: kmori@iis.u-tokyo.ac.jp [Institute of Industrial Science, University of Tokyo (Japan); Christodoulou, Aris, E-mail: aris.christodoulou@ucl.ac.uk [Centre for Transport Studies, University College London (United Kingdom)

2012-01-15

The purpose of this paper is to discuss conceptual requirements for a City Sustainability Index (CSI) and to review existing major sustainability indices/indicators in terms of the requirements. The following indices are reviewed: Ecological Footprint (EF), Environmental Sustainability Index (ESI), Dashboard of Sustainability (DS), Welfare Index, Genuine Progress Indicator (GPI), Index of Sustainable Economic Welfare, City Development Index, emergy/exergy, Human Development Index (HDI), Environmental Vulnerability Index (EVI), Environmental Policy Index (EPI), Living Planet Index (LPI), Environmentally-adjusted Domestic Product (EDP), Genuine Saving (GS), and some applications of composite indices or/and multivariate indicators to local or regional context as case studies. The key conceptual requirements for an adequate CSI are: (i) to consider environmental, economic and social aspects (the triple bottom line of sustainability) from the viewpoint of strong sustainability; (ii) to capture external impacts (leakage effects) of city on other areas beyond the city boundaries particularly in terms of environmental aspects; (iii) to create indices/indicators originally for the purpose of assessing city sustainability; and (iv) to be able to assess world cities in both developed and developing countries using common axes of evaluation. Based on the review, we conclude that it is necessary to create a new CSI that enables us to assess and compare cities' sustainability performance in order to understand the global impact of cities on the environment and human life as compared with their economic contribution. In the future, the CSI will be able to provide local authorities with guidance toward sustainable paths. - Highlights: Black-Right-Pointing-Pointer We derive the four key requirements for a new City Sustainability Index (CSI) system. Black-Right-Pointing-Pointer First, the triple bottom line must be considered in terms of strong sustainability. Black

Review of sustainability indices and indicators: Towards a new City Sustainability Index (CSI)

International Nuclear Information System (INIS)

Mori, Koichiro; Christodoulou, Aris

2012-01-01

The purpose of this paper is to discuss conceptual requirements for a City Sustainability Index (CSI) and to review existing major sustainability indices/indicators in terms of the requirements. The following indices are reviewed: Ecological Footprint (EF), Environmental Sustainability Index (ESI), Dashboard of Sustainability (DS), Welfare Index, Genuine Progress Indicator (GPI), Index of Sustainable Economic Welfare, City Development Index, emergy/exergy, Human Development Index (HDI), Environmental Vulnerability Index (EVI), Environmental Policy Index (EPI), Living Planet Index (LPI), Environmentally-adjusted Domestic Product (EDP), Genuine Saving (GS), and some applications of composite indices or/and multivariate indicators to local or regional context as case studies. The key conceptual requirements for an adequate CSI are: (i) to consider environmental, economic and social aspects (the triple bottom line of sustainability) from the viewpoint of strong sustainability; (ii) to capture external impacts (leakage effects) of city on other areas beyond the city boundaries particularly in terms of environmental aspects; (iii) to create indices/indicators originally for the purpose of assessing city sustainability; and (iv) to be able to assess world cities in both developed and developing countries using common axes of evaluation. Based on the review, we conclude that it is necessary to create a new CSI that enables us to assess and compare cities' sustainability performance in order to understand the global impact of cities on the environment and human life as compared with their economic contribution. In the future, the CSI will be able to provide local authorities with guidance toward sustainable paths. - Highlights: ► We derive the four key requirements for a new City Sustainability Index (CSI) system. ► First, the triple bottom line must be considered in terms of strong sustainability. ► Second, environmental leakage effects beyond city boundaries should

Energy indicators for sustainable development

International Nuclear Information System (INIS)

Vera, Ivan; Langlois, Lucille

2007-01-01

Energy is an essential factor in overall efforts to achieve sustainable development. Countries striving to this end are seeking to reassess their energy systems with a view toward planning energy programmes and strategies in line with sustainable development goals and objectives. This paper summarizes the outcome of an international partnership initiative on indicators for sustainable energy development that aims to provide an analytical tool for assessing current energy production and use patterns at a national level. The proposed set of energy indicators represents a first step of a consensus reached on this subject by five international agencies-two from the United Nations system (the Department of Economic and Social Affairs and the International Atomic Energy Agency), two from the European Union (Eurostat and the European Environment Agency) and one from the Organization for Economic Cooperation and Development (the International Energy Agency). Energy and environmental experts including statisticians, analysts, policy makers and academics have started to implement general guidelines and methodologies in the development of national energy indicators for use in their efforts to monitor the effects of energy policies on the social, economic and environmental dimensions of sustainable development

Mexican energy policy and sustainability indicators

International Nuclear Information System (INIS)

Sheinbaum-Pardo, Claudia; Ruiz-Mendoza, Belizza Janet; Rodríguez-Padilla, Víctor

2012-01-01

The authors analyze the Mexican energy policy taking as reference the methodological framework for sustainable energy development proposed by the Economic Commission for Latin America and the Caribbean. This methodology takes eight related indicators to the social, environmental and economic dimensions in order to calculate a general sustainability indicator for the energy sector. In this methodology, the weight of each dimension is different; namely, the social and environmental issues have less relevance than the economic issues. The authors use this methodology because government institutions as the Department of Energy and the Department of Environment and Natural Resources have used some indicators from such a methodology to propose plans, programs, projects and bills. Authors know of the existence of other methodologies about sustainability. Nonetheless, opting for the Economic Commission for Latin America and the Caribbean's methodology is convenient because this organization is a respectable authority for civil servants from the Mexican institutions. Our objective is just to contrast the sustainability grade of the energy sector between 1990 and 2008 for Mexico whose government started reforms in the 1990s. It concludes that those reforms did not bring about a higher sustainability level for the energy sector. - Highlights: ► We used the OLADE, CEPAL and GTZ's methodology to calculate sustainability indicators for the Mexican energy sector. ► We studied the Mexican energy policy from 1990 to date and presented it. ► Currently, the Mexican energy sector is less sustainable than in 1990.

Exploring the relationship between national economic indicators and relative fitness and frailty in middle-aged and older Europeans

Science.gov (United States)

Theou, Olga; Brothers, Thomas D.; Rockwood, Michael R.; Haardt, David; Mitnitski, Arnold; Rockwood, Kenneth

2013-01-01

Background: on an individual level, lower-income has been associated with disability, morbidity and death. On a population level, the relationship of economic indicators with health is unclear. Objective: the purpose of this study was to evaluate relative fitness and frailty in relation to national income and healthcare spending, and their relationship with mortality. Design and setting: secondary analysis of data from the Survey of Health, Ageing and Retirement in Europe (SHARE); a longitudinal population-based survey which began in 2004. Subjects: a total of 36,306 community-dwelling people aged 50 and older (16,467 men; 19,839 women) from the 15 countries which participated in the SHARE comprised the study sample. A frailty index was constructed as the proportion of deficits present in relation to the 70 deficits available in SHARE. The characteristics of the frailty index examined were mean, prevalence of frailty and proportion of the fittest group. Results: the mean value of the frailty index was lower in higher-income countries (0.16 ± 0.12) than in lower-income countries (0.20 ± 0.14); the overall mean frailty index was negatively correlated with both gross domestic product (r = −0.79; P < 0.01) and health expenditure (r = −0.63; P < 0.05). Survival in non-frail participants at 24 months was not associated with national income (P = 0.19), whereas survival in frail people was greater in higher-income countries (P < 0.05). Conclusions: a country's level of frailty and fitness in adults aged 50+ years is strongly correlated with national economic indicators. In higher-income countries, not only is the prevalence of frailty lower, but frail people also live longer. PMID:23443511

An exhaustive approach for identification of flood risk hotspots in data poor regions enforcing combined geomorphic and socio-economic indicators

Science.gov (United States)

Mohanty, M. P.; Karmakar, S.; Ghosh, S.

2017-12-01

Many countries across the Globe are victims of floods. To monitor them, various sophisticated algorithms and flood models are used by the scientific community. However, there still lies a gap to efficiently mapping flood risk. The limitations being: (i) scarcity of extensive data inputs required for precise flood modeling, (ii) fizzling performance of models in large and complex terrains (iii) high computational cost and time, and (iv) inexpertise in handling model simulations by civic bodies. These factors trigger the necessity of incorporating uncomplicated and inexpensive, yet precise approaches to identify areas at different levels of flood risk. The present study addresses this issue by utilizing various easily available, low cost data in a GIS environment for a large flood prone and data poor region. A set of geomorphic indicators of Digital Elevation Model (DEM) are analysed through linear binary classification, and are used to identify the flood hazard. The performance of these indicators is then investigated using receiver operating characteristics (ROC) curve, whereas the calibration and validation of the derived flood maps are accomplished through a comparison with dynamically coupled 1-D 2-D flood model outputs. A high degree of similarity on flood inundation proves the reliability of the proposed approach in identifying flood hazard. On the other hand, an extensive list of socio-economic indicators is selected to represent the flood vulnerability at a very finer forward sortation level using multivariate Data Envelopment Analysis (DEA). A set of bivariate flood risk maps is derived combining the flood hazard and socio-economic vulnerability maps. Given the acute problem of floods in developing countries, the proposed methodology which may be characterized by low computational cost, lesser data requirement and limited flood modeling complexity may facilitate local authorities and planners for deriving effective flood management strategies.

An economic cost analysis of emergency department key performance indicators in Ireland.

Science.gov (United States)

Gannon, Brenda; Jones, Cheryl; McCabe, Aileen; O'Sullivan, Ronan; Wakai, Abel

2017-06-01

High quality data is fundamental to using key performance indicators (KPIs) for performance monitoring. However, the resources required to collect high quality data are often significant and should usually be targeted at high priority areas. As part of a study of 11 emergency department (ED) KPIs in Ireland, the primary objective of this study was to estimate the relative cost of collecting the additional minimum data set (MDS) elements for those 11 KPIs. An economic cost analysis focused on 12 EDs in the Republic of Ireland. The resource use data were obtained using two separate focus group interviews. The number of available MDS elements was obtained from a sample of 100 patient records per KPI per participating ED. Unit costs for all resource use were taken at the midpoint of the relevant staff salary scales. An ED would need to spend an estimated additional &OV0556;3561 per month on average to capture all the MDS elements relevant to the 11 KPIs investigated. The additional cost ranges from 14.8 to 39.2%; this range is 13.9-32.3% for small EDs, whereas the range for medium EDs is 11.7-40%. Regional EDs have a higher additional estimated cost to capture all the relevant MDS elements (&OV0556;3907), compared with urban EDs (&OV0556;3353). The additional cost of data collection, contingent on that already collected, required to capture all the relevant MDS elements for the KPIs examined, ranges from 14.8 to 39.2% per KPI, with variation identified between regional and urban hospitals.

THE INFLUENCE SEWING MACHINE ON FOOTWEAR MOCCASIN ECONOMIC INDICATORS AI ASSEMBLY OPERATIONS

Directory of Open Access Journals (Sweden)

MALCOCI Marina

2014-05-01

Full Text Available With the evolution of time changes, grows and improves, construction, form, rationality and argumentation usefulness of various types of footwear, namely machines. In the present paper analyzes a number of sewing machines, bound for achieving moccasin shoes. With sewing machines can perform a wide variety of stitches, they create an aesthetically pleasing, but all at once enable product diversification with minimum expenses. Sewing machines moccasins are distinguished by technological parameters, number of stitches, design and affordability. Sewing operation carried out in these machines is carried out within 72 seconds to manual operation - 22 minutes. A flow diagram mechanical requires a reduced number of workers (e.g., 3 workers, to a manual flow diagram - 38 workers. Labour productivity in the use of sewing machines increase by 10 times, and operation cost decreases from 3,7 to 5,7 lei. Regardless of the sewing moccasins construction company helps to increase productivity, quality completion of the operation, ie products, reducing the time required to manufacture the products, shortening manufacturing cycle. Among the cars analyzed, the most recommended sewing machine as OS 7700 P Global company because it represents the best technical features. Sewing machines for manufacturing footwear moccasin were implemented in Moldova in 2010, at the "Cristina Mold Rom Simpex" in Chisinau. Because, company management understood beneficial role of sewing moccasins on quality operation, but also on other economic indicators. Currently the majority of footwear enterprises in Moldova sewing moccasins are done manually. One problem is the high price of sewing machines moccasins.

A Review on the research and practice of city sustainable development indicators and indices

Science.gov (United States)

Xiang, Ning

2017-10-01

City sustainable development indicators and indices have become a hot issue in academic research and practical application, alongside the high-speed worldwide urbanization and driven by the actual managing demand. This article is aimed at a clear understanding of the progress in relevant research and practice. This is done by collecting common indicators and indices for city sustainable development and making comparison of the assessment process and contents, so as to find out main obstacles for the development of this research field and explore the direction for efforts to be made next step. The article divides these indicators and indices into two categories: ① indicators serving as single index which can provide an explicit description on the relationship between economic activities and environmental carrying capacity, but have a narrow scope of assessment and use complicated methods to collect and calculate data; ② indices based on indicator systems which can represent multiple processes, could reflect the view of strong sustainability and are easy to use, but can hardly depict the responding relationship between social, environmental and economic changes for city sustainable development or assure the scientific rigor of weight setting. Practices on indicators and indices for city sustainable development was summarized, and its problems were reviewed with China being representative of transitioning countries. According to the review, great progress has been achieved in the research and practice of indicators and indices for city sustainable development, but consistency of theories, rationality of indicators and scientific rigor of methodology are to be improved significantly.

Population and economic development in Sarawak, Malaysia

OpenAIRE

Furuoka, Fumitaka

2014-01-01

This paper chooses a Malaysian state in Borneo Island, Sarawak, as the case study to examine the relationship between population growth and economic development. The findings imply that there is no statistically significant long-run relationship, but a causal relationship between population growth and economic development in Sarawak. In other words, the empirical findings indicate that population can have neither positive nor negative impact on economic development. The findings also indicate...

Environmental indicators for industrial optimization and design

NARCIS (Netherlands)

Konneman, Bram

2008-01-01

Companies use standard financial indicators to determine their business success and optimize their business opportunities. However, sustainable development demands for an integrated approach to economic, environmental and social indicators. Although a lot of indicator initiatives are under

A booming economy means a bursting trauma system: association between hospital admission for major injury and indicators of economic activity in a large Canadian health region.

Science.gov (United States)

Roberts, Derek J; Das, Debanjana; Mercado, Michelle; Vis, Christine; Kortbeek, John B; Kirkpatrick, Andrew W; Ball, Chad G

2014-05-01

Injury epidemiology fluctuates with economic activity in many countries. These relationships remain unclear in Canada. The annual risk of admission for major injury (Injury Severity Score ≥12) to a high-volume, level-1 Canadian trauma center was compared with indicators of economic activity over a 16-year period using linear regression. An increased risk of injured patient admissions was associated with rising mean gross domestic product (GDP [millions of chained 2002 dollars]) (.36 person increase per 100,000 population/$1,000 increase in GDP; P = .001) and annual gasoline prices (.47 person increase per 100,000 population/cent increase in gasoline price; P = .001). Recreation-related vehicle injuries were also associated with economic affluence. The risk of trauma patient mortality with increasing mean annual GDP (P = .72) and gasoline prices (P = .32) remained unchanged. Hospital admissions for major injury, but not trauma patient mortality, were associated with economic activity in a large Canadian health care region. Copyright © 2014 Elsevier Inc. All rights reserved.

Identification of Key Indicators for Sustainable Construction Materials

Directory of Open Access Journals (Sweden)

Humphrey Danso

2018-01-01

Full Text Available Studies on sustainable construction materials are on the rise with their environmental, social, and economic benefits. This study identifies the key indicators for measuring sustainable construction materials. The design used for the study was that of a survey which relied on a questionnaire with five-point Likert scale to generate data for the analysis. For this purpose, 25 indicators from the three dimensions (environmental, social, and economic identified from the literature were presented to the respondents in a structured questionnaire, and responses were collected and analysed using SPSS. The study identified three key environmental indicators for measuring sustainable construction materials, and these indicators are human toxicity, climate change, and solid waste. Furthermore, adaptability, thermal comfort, local resources, and housing for all were identified as the four key social indicators for sustainable construction materials. In addition, maintenance cost, operational cost, initial cost, long-term savings, and life span were found to be the five key economic indicators for measuring sustainable construction materials. The study therefore suggests that these twelve indicators should be considered in future studies that seek to measure sustainable construction materials.

ECONOMIC gROWTH, GLOBALIZATION AND TRADE

OpenAIRE

Nuno Carlos LEITÃO

2012-01-01

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

Explaining Protest in the Aftermath of the Great Recession in Europe: The Relevance of Different Economic Indicators

Directory of Open Access Journals (Sweden)

Francesca Vassallo

2016-04-01

Full Text Available The European economic crisis has brought economic hardship and prolonged instability to many countries in the European Union. While economies are struggling to recover, citizens have opted to become more vocal unconventionally. Mass protest, public occupations and demonstrations have dominated Europe. Yet, numbers of people choosing to protest need to be assessed to verify whether the economic recession is indeed responsible for a surge in protest activism on the continent. With the use of multiple rounds from the European Social Survey (2006-2012, this article tests the hypothesis linking unconventional political behavior in Europe to the economy. Findings suggest that overall European protest levels are not higher after the crisis, although confrontational activism has spiked in few countries. Economic variables retain instead an important role in the explanation of protest in the post-recession era, with both objective and subjective economic measures supporting a grievance theory explanation of why Europeans protest. Economic decline matters in the selection of protest as a mode of political participation.

Oil field decision analysis based on technical-economic indicators; Analise de decisao baseada em indicadores tecnico-economicos para um campo petrolifero

Energy Technology Data Exchange (ETDEWEB)

Ravagnani, Ana Teresa Gaspar; Munoz Mazo, Eduin; Schiozer, Denis [Universidade Estadual de Campinas (UNICAMP), SP (Brazil). Dept. de Engenharia de Petroleo. Lab. de Simulacao de Fluxo em Meios Porosos (UNISIM)

2008-07-01

This work presents a case study consisting of a synthetic offshore field in deep water and 28 deg API oil representing a gas solution model with water injection without gas cap. Several alternatives of strategies are proposed, regarding different configurations and number of wells, besides different limits of injection and production rates, as well as, completion layers. The objective is to show that different strategies can be obtained according to the indicator chosen by the decision maker. Even when the Net Present Value (NPV) is a very used indicator in the investment analysis, with the utilization of other technical-economical indicators, other investment alternatives different from those proposed when just VPL is utilized, can become feasible. Additionally, other aspects are analyzed, such as the possibility of changes in the production capacity with other oil prices levels. It is also proposed the production strategy optimization in this work, changing the time of production and the injection/production rate limits. (author)

EFFECTS OF THE ECONOMIC FREEDOMS ON THE ECONOMIC GROWTH: EVIDENCE FROM THE EU AND COMCEC COUNTRIES (1996-2015

Directory of Open Access Journals (Sweden)

HALİL İBRAHİM AYDIN

2017-06-01

Full Text Available In this research, the effects of the economic freedoms on the economic growth for EU and COMCEC countries at different development/income level are econometrically analyzed via panel data analysis for the period of 1996- 2014 by being considered the improvement of economic growth theories for the key determinants of economic growth. From this aspect, it is aimed at this research that to evaluate the effects of the economic freedoms on the long termed economic growth performances and income level differences of EU and COMCEC countries which have different statuses in terms of economic freedoms and income level indicators. It is determined at the end of the study that the economic freedoms have a positive and statistically significant effect on the economic growth of EU countries in investigation period, on the other hand, these freedoms have not any effect on the economic growth of COMCEC countries. Moreover, the existence of a one-way causality relation operates from economic freedoms to the economic growth in EU countries is specified while there is any causality link found between these freedoms and the economic growth for the countries in COMCEC group. All these results indicate that also the economic freedoms besides the physical human capital accumulation, in other words, whether the EU and COMCEC countries have a market economy adopts outward-oriented liberal fiscal policies plays a major role in differentiating the income levels or the economic growth performances.

Constructing coincident indices of economic activity for the Latin American economy

Directory of Open Access Journals (Sweden)

João Victor Issler

2013-03-01

Full Text Available This paper has three main contributions. The first is to propose an individual coincident indicator for the following Latin American countries: Argentina, Brazil, Chile, Colombia and Mexico. In order to obtain similar series to those traditionally used in business-cycle research in constructing coincident indices (output, sales, income and employment we were forced to back-cast several individual country series which were not available in a long time-series span. The second contribution is to establish a chronology of recessions for these countries, covering the period from 1980 to 2012 on a monthly basis. Based on this chronology, the countries are compared in several respects. The final contribution is to propose an aggregate coincident indicator for the Latin American economy, which weights individual-country composite indices. Finally, this indicator is compared with the coincident indicator (The Conference Board - TCB of the U.S. economy. We find that the U.S. indicator Granger-causes the Latin American indicator in statistical tests

Polish and Estonian Economic Competitiveness. A Comparative Study

Directory of Open Access Journals (Sweden)

Anna Kowalska

2007-10-01

Full Text Available The starting point of the study has been a survey of indices developed by international economic organizations. Such indices tend to encompass a number of qualitative/quantitative variables relating to economic viability, e.g. economic liberties, budgetary balance, judiciary, technical sophistication, social factors and innovation. Basing on the aforementioned data, the study has focused upon the comparison of both countries competitive stances and permitted the formulation of certain economic policy guidelines with regard to Poland, which has underperformed Estonia in most of the rankings.

Economic indicators of the production of important fruit-specific species in Vojvodina

Directory of Open Access Journals (Sweden)

Lukač-Bulatović Mirjana

2017-01-01

Full Text Available The paper discusses the basic economic and production results of important fruit species (apple, pear, peach, sour cherry and plum on agricultural farms of Vojvodina. The aim of the research is to evaluate the most important parameters of cost-effectiveness of these productions, and propose measures to improve the existing situation. Comparative analysis clearly shows that the most cost-effective is pears production, followed by apple, cherry, peach and plum. Pear production gives the largest coverage margin per unit capacity (1,261,786 din /ha, which is 16.5% better than in apple production (1,083,160 din /ha, or about 7.8 times better in relation to plums production (161,796 din /ha. The highest coefficient of economy (3.19 is, also, recorded in the production of pear (for apples 2.94, cherry 2.27, peach 2.17 and plum 1.44. Further development of fruit production in Vojvodina involves raising intensive farms with quality fruit varieties, firmer vertical linking of producers and processors, ensurement of economic safety of producers in the long run, making of fruit producing regions, etc.

Effects of labour migration on economic development during economic downturn and recovery

Directory of Open Access Journals (Sweden)

Milan Palát

2012-01-01

Full Text Available International labour migration is mainly promoted by economic interests. This paper focuses on the period before and after the economic crisis and puts together important facts regarding motivation to labour migration and provides explanations of its causes and impacts on the macroeconomic level. The economic explanation why is migration so severely restricted is that migration policies are essentially distributive tools, aiming at reducing negative effects of migration on wages and unemployment among natives and moreover, we may stress out the gradualist tendencies of migration and such migration restrictions can mitigate supply-side shocks that may negatively affect incomes or jobs of some specific groups. A partial objective of the practical part of the paper is to evaluate relationships between the rate of migration and selected economic indicators using adequate quantitative methods. While the correlation between the crude rate of net migration and the GDP per capita is very low, the existence of correlation between the crude rate of net migration and the unemployment rate is evident in the most of analysed countries. Statistical insignificance of correlation indices in some countries can be then attributed to structural problems of those economies.

Multiple socio-economic circumstances and healthy food habits.

Science.gov (United States)

Lallukka, T; Laaksonen, M; Rahkonen, O; Roos, E; Lahelma, E

2007-06-01

To examine associations between seven indicators of socio-economic circumstances and healthy food habits, while taking into account assumed temporal order between these socio-economic indicators. Data were derived from cross-sectional postal questionnaires in 2000-2002. Socio-economic circumstances were assessed by parental education, childhood economic difficulties, own education, occupational class, household income, home ownership and current economic difficulties. Healthy food habits were measured by an index consisting of consumption of fresh vegetables, fruit or berries, rye bread, fish and choosing vegetable fats on bread and oil in cooking. Sequential logistic regression models were used, adjusting for age and marital status. Employees of the City of Helsinki, Finland (n=8960, aged 40-60 years). Healthy food habits were reported by 28% of women and by 17% of men. Own education, occupational class, household income, home ownership and current economic difficulties were associated with healthy food habits. These associations were attenuated but mainly remained after mutual adjustments for the socio-economic indicators. Among women, a pathway was found suggesting that part of the effects of education on food habits were mediated through occupational class. Employees in higher and lower socio-economic positions differ in their food habits, and those in lower positions and economically disadvantaged are less likely to report healthy food habits. Health promotion programmes and food policies should encourage healthier food choices among those in lower socio-economic positions and among those with economic difficulties in particular.

Two stages of economic development

OpenAIRE

Gong, Gang

2016-01-01

This study suggests that the development process of a less-developed country can be divided into two stages, which demonstrate significantly different properties in areas such as structural endowments, production modes, income distribution, and the forces that drive economic growth. The two stages of economic development have been indicated in the growth theory of macroeconomics and in the various "turning point" theories in development economics, including Lewis's dual economy theory, Kuznet...

Analysis of the Evolution for the Main Economic and Financial Indicators and the Risk of Bankruptcy for a Company who is the most Modern Maritime - River Port on the Danube, in the Period 2009-2013

Directory of Open Access Journals (Sweden)

Rodica Pripoaie

2015-08-01

Full Text Available This work presents the evolution for the main economic and financial indicators and the risk of bankruptcy for a company who is the most modern maritime - river port on the Danube, in the period 2009-2013. The evolution of the main economic and financial indicators in the last years 2009- 2013 is very dramatic, because Net profit margin (% decreased from 65.76% in 2009 at 9.93% in 2013 and after tax ROE (Return on Equity decreased from 6.69% in 2009 at 2.93% in 2013, so less than half. Bankruptcy risk has always been very important both for investors, for company managers, and for banking institutions and if this intensifies then it becomes a warning for them. Regression models can be used to explain relationships among economic and financial indicators.

Budget Deficits Effects on Economic Growth

Directory of Open Access Journals (Sweden)

L.C.Risti

2013-06-01

Full Text Available The budget deficit can not be analyzed autarchically, as it affects all the macroeconomic processes and, is itself influenced by all other macroeconomic indicators. Most analyses and studies on public finance and budget balance measure the impact that budgetary deficits accumulation has on economy. Therefore, the present paper aims at following and analyzing the mutual impact between budget deficit and another economic macro indicator, namely the economic growth.

Correlation of demographic-economic evolutions in Romania after the 2008 economic crisis

Directory of Open Access Journals (Sweden)

Litra, A. V.

2013-12-01

Full Text Available The paper aims to clarify the extent to which economic developments after 2008, largely due to the global economic crisis, have had an impact on demographic indicators in Romania. From the correlation analysis between the series of economic and demographic data (with a delay of one year, concluded that unemployment strongly influence live births and total fertility rate (especially for first-born, and in a medium measure the natural population change, and GDP is strongly correlated with the natural growth of the population, and medium correlated with the number of live births, total fertility rate and the number of marriages.

On the portents of peak oil (and other indicators of resource scarcity)

International Nuclear Information System (INIS)

Smith, James L.

2012-01-01

Economists have studied various indicators of resource scarcity but largely ignored the phenomenon of “peaking” due to its connection to non-economic (physical) theories of resource exhaustion. I consider peaking from the economic point of view, where economic forces determine the shape of the equilibrium extraction path. Within that framework, I ask whether the timing of peak production reveals anything useful about scarcity. I find peaking to be an ambiguous indicator. If someone announced the peak would arrive earlier than expected, and you believed them, you would not know whether the news was good or bad. However, I also show that the traditional economic indicators of resource scarcity (price, cost, and rent) fare no better, and argue that previous studies have misconstrued the connection between changes in underlying scarcity and movements in these traditional indicators. - Highlights: ► We ask whether “peak oil” provides a useful economic indicator of scarcity. ► Timing of the peak follows Hotelling's model of inter-temporal equilibrium. ► The peak provides an ambiguous signal. ► Unexpectedly early peaking could be good news or bad. ► The traditional indicators (cost, price, and rent) do not fare much better.

A first-approximation urban-air-quality indicator

Science.gov (United States)

David M. Paproski; Julian R. Walker

1977-01-01

Development of the first-approximation-urban-air-quality indicator was reported by the Economic Council of Canada. The indicator takes account of ambient concentrations of five pollutants: sulfur dioxide, particulate matter, oxides of nitrogen, carbon monoxide, and total oxidants. Epidemiological evidence indicating the potential impact of these pollutants on human...

The Impact of Pre-Cessation Varenicline on Behavioral Economic Indices of Smoking Reinforcement

Science.gov (United States)

Schlienz, Nicolas J.; Hawk, Larry W.; Tiffany, Stephen T.; O'Connor, Richard J.; Mahoney, Martin C.

2014-01-01

Background Varenicline was developed to aid smoking cessation by reducing smoking reinforcement. The present study tests this reinforcement-reduction hypothesis among smokers preparing to quit. Method After a one-week baseline, treatment-seeking smokers were randomized to receive three weeks of varenicline or placebo (Weeks 2-4). During each of the four weeks of the study, smokers completed a hypothetical cigarette purchase task (CPT) via handheld device in their natural environment. Behavioral economic measures of simulated smoking if cigarettes were free (demand intensity), sensitivity of consumption to increasing price (elasticity), and price at which purchases would drop to 0 (breakpoint) were estimated. Results Exponential demand equations fit the purchase task data well across subjects and time. As predicted, demand intensity decreased and sensitivity to price (elasticity) increased over time. However, changes in demand intensity did not differ by treatment group. Contrary to our hypothesis that varenicline would increase sensitivity to price, the placebo group tended to become more elastic in their purchases during Weeks 2 and 3; the groups did not differ in elasticity at Week 4. Breakpoint did not vary by group, time, or their interaction. Conclusion Simulated smoking demand can be validly assessed in the natural environment of treatment-seeking smokers. Simulated demand indices of smoking reinforcement diminished as smokers approached their target quit date. However, there was no evidence that varenicline facilitated these changes over a three week period, leaving open the mechanisms by which varenicline reduces smoking rate prior to cessation and improves long-term abstinence. PMID:24949949

An Assessment of Economic Stability under the New European Economic Governance

Directory of Open Access Journals (Sweden)

Gheorghe HURDUZEU

2015-06-01

Full Text Available The economic crisis, followed by the sovereign debt crisis, resulted in high unemployment, unsustainable public finances and deepening disparities between Euro Area member states, and underlined the necessity of strengthening economic coordination. In order to lessen the effects of the crises, to prevent further deepening of the economic context and the appearance of new similar situations, the European framework was improved by the provisions of the new economic governance. The aim of this paper is to assess the effects regarding macroeconomic stability within Euro Area member states, achieved under the new economic governance framework. In this respect, the first part of the paper consists in an overview of the provisions imposed through the European Semester, the reformed Stability and Growth Pact and the other elements of the new European governance. In order to assess the achievement of economic stability we analyzed data for Southern Euro Area member states, during 2009-2013, as this group of countries registered most issues during 2013. We took into consideration five important indicators, essential in any economy that form the macroeconomic stability pentagon: economic growth rate, unemployment rate, inflation rate, budgetary balance and current account balance. By comparing the area obtained through the macroeconomic stability pentagon, we conclude on meeting one of the main objectives of the new European governance: economic stability.

Regional Development and Social Indicators in Croatia

OpenAIRE

Željko Lovrin?evi?; Davor Mikuli?

2012-01-01

This report, Regional Development and Social Indicators in Croatia, provides a comprehensive profile of social and economic characteristics of Croatia's regions as well as profiling the Government s social transfers to households. Demographic and economic structure of Croatian economy is analyzed, as well as the process of secondary distribution of income in Croatia on the regional level. ...

ECONOMIC EFFICIENCY - DETERMINED ELEMENT IN INVESTMENT DECISION

Directory of Open Access Journals (Sweden)

Claudia MUNGIU-PUPAZAN

2010-03-01

Full Text Available Economic activity of a country are conducted by industry, under branches and production sectors, each with special characteristics and conditions of work, which, of course, put their imprint on the organization manner of the production process By an analysis of the concept of economic efficiency of investment is found that this is an amount of qualitative factors, which gives the latter a complex character, aimed to improving activity in the area where are taking place to the putting into service of such investment, which can be modernization, bringing new equipments, reconstruction and development. Study the economic efficiency of investment involves, as a base, an analysis of causal factors that determine the decision in the afferent medium of risk. Corresponding to peculiarities of the production process, it requires a proper methodology of assessment the economic efficiency of investment, with specification to maintain the general principles for calculating the economic efficiency indicators and specific indicators come only to complete the picture of indicators of general, basic and supplementary already calculated in order to provide additional clues, afferent to branch, under-branch or sector of activity.

Political Ideology and Economic Freedom across Canadian Provinces

DEFF Research Database (Denmark)

Bjørnskov, Christian; Potrafke, Niklas

This paper examines how political ideology influenced economic freedom in the Canadian provinces. We analyze the dataset of economic freedom indicators compiled by the Fraser Institute in 10 Canadian provinces over the 1981-2005 period and introduce two different indices of political ideology......: government and parliament ideology. The results suggest that government ideology influenced labor market reforms: market-oriented governments promoted liberalization of the labor market. Parliamentary ideology did not influence economic liberalization at all. This finding (1) identifies differences between...... leftist and rightwing governments concerning the role of government in the economy and (2) indicates that ideological polarization concerns governments but less parliamentary fractions in the Canadian provinces. ...

Indicators System for Poverty Measurement

Directory of Open Access Journals (Sweden)

Constantin Mitrut

2006-10-01

Full Text Available Poverty represents a life aspect which is focusing the attention of both the macroeconomic analysis and the international comparisons. In order to measure the level being recorded by this phenomenon, there is a system of indicators which are used in order to underline, in a correlated manner, a number of aspects which are characterizing, quality and quantity wise, the evolution of the poverty in a specific country or, to a larger extent, through comparative surveys, at international level. Despite the fact that they are not the only instrument being used within the process of comparison of the stages of social and economic development at the international level, however the poverty indicators are providing a clear significance to the worked out surveys. In fact, the very purpose of the economic activity consists of increasing welfare and, as much as possible, at least reducing, if not eradicating, the poverty. The present work is broadly presenting the methodology as well as, both theoretical and practical, the way of computing the poverty, making a synthesis of the specific used indicators.

System of Strategic Priorities and Indicators of Ecologically Sustainable Subsoil Use

Directory of Open Access Journals (Sweden)

Lebedev Yuriy

2015-01-01

Full Text Available The system of strategic priorities and indicators of ecologically sustainable subsoil use is based on a fundamental basis - biotic regulation and it has a systematic character defined by conceptual, ideological, political and economic levels of management. It also possesses strict priorities and is based on interrelated ecological, economic and social factors, it reflects space-time dynamics of development and subsoil use. The indicators of ecologically sustainable subsoil use are indicators that characterize the change of natural, social and economic environment at different times; they provide qualitative and quantitative characteristic of subsoil use problem. The majority of existing sets of indicators of sustainable subsoil use doesn’t give a complete picture, is weakly connected with each other and no priorities are distinguished among them.

R-Matrix Analysis of Structures in Economic Indices: from Nuclear Reactions to High-Frequency Trading

International Nuclear Information System (INIS)

Firk, Frank W K

2014-01-01

It is shown that the R-matrix theory of nuclear reactions is a viable mathematical theory for the description of the fine, intermediate and gross structure observed in the time-dependence of economic indices in general, and the daily Dow Jones Industrial Average in particular. A Lorentzian approximation to R-matrix theory is used to analyze the complex structures observed in the Dow Jones Industrial Average on a typical trading day. Resonant structures in excited nuclei are characterized by the values of their fundamental strength function, (average total width of the states)/(average spacing between adjacent states). Here, values of the ratios (average lifetime of individual states of a given component of the daily Dow Jones Industrial Average)/(average interval between the adjacent states) are determined. The ratios for the observed fine and intermediate structure of the index are found to be essentially constant throughout the trading day. These quantitative findings are characteristic of the highly statistical nature of many-body, strongly interacting systems, typified by daily trading. It is therefore proposed that the values of these ratios, determined in the first hour-or-so of trading, be used to provide valuable information concerning the likely performance of the fine and intermediate components of the index for the remainder of the trading day

Evaluating the economic impact of casino liberalization in Macao.

Science.gov (United States)

Zheng, Victor; Hung, Eva P W

2012-09-01

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

The charge of ergonomics--a model according to the influence of ergonomic workplace design for economical and efficient indicators of the automotive industry.

Science.gov (United States)

Neubert, Nicole; Bruder, Ralph; Toledo, Begoña

2012-01-01

The importance of ergonomic workplace design has been rising incredibly. The knowledge of the interaction with a view to many indicators (e.g. operators' health, quality, productivity etc.) in the automotive assembly shop pushed into another thinking of ergonomics and an increasing awareness of economic possibilities relating to benefits and cost savings aligned with ergonomics. The paper discusses exemplary the various indicators and factors which could be influenced by ergonomic workplace design. These factors are linked each other and support the statement of ergonomic efficiency. Thus, the aim of this paper is to present a model which describes that investments in ergonomic work placement acts with preventive measurements, minimization of losses (refinishing operations, compensation money etc.) and extensive economies on the whole company.

The Economic Freedom Index : A Review

OpenAIRE

Ruperto P. Alonzo

2002-01-01

The economic freedom index (EFI) is one of several cross-country yardsticks that incorporate dimensions of progress and well-being that go beyond what conventional economic indicators tell us. It is a composite of 21 indicators that include “personal choice, protection of private property, and freedom of exchange.” It is one of the few measures where the Philippines ranks higher than most of its neighbors; the Philippines was in fact 29th among 123 countries rated for 1999, while neighboring ...

The effects of the global economic crisis on Macedonian economy: Some macroeconomic indicators and future policy recommendations

Directory of Open Access Journals (Sweden)

Elizabeta Tosheva

2016-01-01

The experiences and lessons taken from the global economic crisis should serve as a basis for changing the current economic model with a new one in order the economy of the country to catch a connection with the intense changes that are expected to occur in the coming period. It is expected that creating new economic model in Republic of Macedonia will result in multiple positive effects that primarily manifested in the increasing number of newly small and medium enterprises, domestic investments, industrial production, GDP, number of new employees and total exports as well as in reduction of the trade deficit in maintaining macroeconomic stability of the country.

Evaluation of sustainability indicators for decision-making in mining companies

Directory of Open Access Journals (Sweden)

Miletić Slavica

2016-01-01

Full Text Available Evaluation of sustainability indicators in terms of their importance for decision making in mining companies (RTB Bor, RTB can significantly affect the steady economic growth and development of the country. In the paper are ranked sustainability indicators in terms of their importance by illustration of implementation of multicriteria decision making. The essence of the problem is to reduce the subjectivity in the mining companies (RTB Bor who are carriers of the economic development of the country. Evaluation of sustainability indicators of mining companies was carried out using the PROMETHEE methods for multi-criteria decision making. In this method the determination of criteria weights for ranking is done firstly, then the assessment of sustainability indicators and their complete ranking is performed. Based on the obtained results by PROMETHEE method, it is determined the most important sustainability indicators for decision-making, and that is an alternative A1 (economic indicators. The most influential criteria for a complete ranking of sustainability indicators is criteria C1 (increase the utilization of resources and C3 (environmental protection. The obtained result indicates to managers how the implementation of MCDM method should treat the indicators of sustainability during the planning and management process, all with aim to sustain mining companies (RTB Bor.

Finance and Economic Development

OpenAIRE

Panizza, Ugo

2012-01-01

Published by Palgrave Macmillan This chapter reviews the literature on finance and economic development. It starts with a description of the roles of finance, a definition of financial efficiency, and a discussion of whether countries may have financial sectors that are ‘too large’ compared to the size of the domestic economy. Next, the author describes several indicators of financial development and reviews the literature on the relationship between financial development and economic growth....

Sustainable Transport and Performance Indicators

DEFF Research Database (Denmark)

Gudmundsson, Henrik

2004-01-01

Sustainable transport has become a major policy concern in recent years. The term suggests a need to consider transport in a comprehensive perspective including the well-being of both present and future generations, and taking environmental, social and economic issues into account. Indicators...... in forecasting and tracking the performance of transport systems increasingly guide sustainable transport policy making. This review explores the implications of the sustainable transport” concept and how it can be made operational with indicators. A number of indicator systems are reviewed, and some strengths...

INTERRELATIONSHIP S BETWEEN HEALTH, ENVIRONMENT QUALITY AND ECONOMIC ACTIVITY: WHAT CONSEQUENCES FOR ECONOMIC CONVERGENCE?

Directory of Open Access Journals (Sweden)

Alassane Drabo

2010-03-01

Full Text Available This paper examines the link between health indicators, environmental variables and economic development, and th e consequences of this relationship on economic convergence for a large sample of rich and poor countries. While in economic literature income and environment are seen to have an inverted-U shaped relationship (Environment Kuznets Curve hypothesis, it is also well established that an improvement in environmental quality is positively related to health. Our study focuses on the implications of this relationship for economic convergence. In the early stage of economic development, the gain from income growth could be cancelled or mitigated by environmental degradation through populations' health (and other channels and create a vicious circle in economic activity unlike in developed countries. This in turn could slow down economic convergence. To empirically assess these issues, we proceeded to an econometric analysis through three equations: a growth equation, a health equation and an environment equation. We found that health is a channel through which environment impacts economic growth. When we take into account the effect of environment quality on economic growth, the speed of convergence tends to increase slightly. This shows that environmental quality could be considered as a constraint for economic convergence.

Constructing coincident indices of economic activity for the Latin American economy

Directory of Open Access Journals (Sweden)

João Victor Issler

2013-03-01

Full Text Available This paper has three main contributions. The first is to propose an individual coincident indicator for the following Latin American countries: Argentina, Brazil, Chile, Colombia and Mexico. In order to obtain similar series to those traditionally used in business-cycle research in constructing coincident indices (output, sales, income and employment we were forced to back-cast several individual country series which were not available in a long time-series span. The second contribution is to establish a chronology of recessions for these countries, covering the period from 1980 to 2012 on a monthly basis. Based on this chronology, the countries are compared in several respects. The final contribution is to propose an aggregate coincident indicator for the Latin American economy, which weights individual-country composite indices. Finally, this indicator is compared with the coincident indicator (The Conference Board - TCB of the U.S. economy. We find that the U.S. indicator Granger-causes the Latin American indicator in statistical testsEsse artigo tem 3 contribuições à literatura de ciclos de negócios. A primeira é a de construir indicadores coincidentes de atividade econômica para Argentina, Brasil, Chile, Colômbia e México, usando pesos idênticos para as séries de Emprego, Produção, Renda, e Vendas. Para tal, tivemos que fazer o back-cast de algumas séries chave para poder construir esses indicadores. A segunda é a de estabelecer uma cronologia de recessões para esses países no período 1980-2012 em bases mensais. Com base na última, fazemos comparações em várias dimensões. Finalmente, nossa última contribuição é propor um índice coincidente agregado para a América Latina, que é comparado ao índice agregado dos EUA. Esta comparação indica que o índice coincidente dos EUA Granger-causa o da América Latina, mas a recíproca não é verdadeira

Study of the Eco-Economic Indicators by Means of the New Version of the Merge Integrated Model Part 2

Directory of Open Access Journals (Sweden)

Boris Vadimovich Digas

2016-03-01

economic development of Russia and the indicators of their ecological efficiency. Calculations show that Russia has reserves allowing its participation in the nature protection initiatives consisting in the non-exceedance of the emissions levels of 1990 by 2020−2025. At the same time, a goal of increasing the ecological efficiency of the Russian gross domestic product is relevant and demands to address this matter urgently. We suppose that modelling results may be in demand by the competent bodies taking managerial decisions.

Study of the Eco-Economic Indicators by Means of the New Version of the Merge Integrated Model. Part 1

Directory of Open Access Journals (Sweden)

Boris Vadimovich Digas

2015-12-01

Full Text Available One of the most relevant issues of the day is the forecasting problem of climatic changes and mitigation of their consequences. The official point of view reflected in the Climate doctrine of the Russian Federation consists in the recognition of the need of the development of the state approach to the climatic problems and related issues on the basis of the comprehensive scientific analysis of ecological, economic and social factors. For this purpose, the integrated estimation models of interdisciplinary character are attracted. Their functionality is characterized by the possibility of construction and testing of various dynamic scenarios of complex systems. The main purposes of the computing experiments described in the article are a review of the consequences of hypothetical participation of Russia in initiatives for greenhouse gas reduction as the Kyoto Protocol and approbation of one of the calculation methods of the green GDP representing the efficiency of environmental management in the modelling. To implement the given goals, the MERGE optimization model is used, its classical version is intended for the quantitative estimation of the application results of nature protection strategies. The components of the model are the eco-power module, climatic module and the module of loss estimates. In the work, the main attention is paid to the adaptation of the MERGE model to a current state of the world economy in the conditions of a complicated geopolitical situation and introduction of a new component to the model, realizing a simplified method for calculation the green GDP. The Project of scenario conditions and the key macroeconomic forecast parameters of the socio-economic development of Russia for 2016 and the schedule date of 2017−2018 made by the Ministry of Economic Development of the Russian Federation are used as a basic source of entrance data for the analysis of possible trajectories of the economic development of Russia and the

ECONOMIC SAFETY PROBLEM IN MODERN MACRO AND MICRO CONCEPTS

Directory of Open Access Journals (Sweden)

I. I. Rekun

2014-01-01

Full Text Available Purpose. Security is an important component of economic security and the guaranteeing of appropriate national interests in the state. All these things are closely related to the economic efficiency of operations of economic entities, with economic independence, stability and security of a society. In addition, economic security is a part of national security, its foundation and material basis. The problem of economic security in modern conditions at the micro and macro levels requires determining the main directions of its formation. Methodology. To achieve this goal, basic directions of a security mechanism of the economic system, in particular on the macro level were grounded. Findings. Economic security is such state of the state economy operation in which the order of equilibrium occurred in certain organizational and legal norms on the basis of social life. These regulations are created be the state, principles of coexistence, which are transmitted from generation to generation. The current state of economic security guaranteeing at the macro and micro levels was analyzed. The system of indicators that can be used in the assessment of the security system was determined. Originality. Propositions concerning necessary changes in the policy of economic security in a state were formulated. The system of indicators which can be used in the assessment of the security system was offered. Practical value. Using of the proposed system of economic security indicators will expand the list of important factors affecting on its status and allow us determining the main directions of its formation.

Energy indicators for tracking sustainability in developing countries

International Nuclear Information System (INIS)

Kemmler, Andreas; Spreng, Daniel

2007-01-01

Due to the fact that human activities and most sustainability issues are closely related to energy use, the energy system is a sound framework for providing lead indicators for sustainable development. Common energy-economic models enable the estimation of future states of the energy system. An energy system-based lead indicator set can be used to develop consistent and coherent future indicator estimates and to track sustainability, a clear advantage over existing sets. In developed countries, the sustainability discussion is focused on environmental topics, while in developing countries the issues of poverty and equity are equally important. Consequently, for measuring sustainable development in a developing country, the inclusion of a poverty indicator in a set of lead indicators is essential. By correlation and descriptive analysis, it is shown that reliable energy-based indicators of poverty can be created. Although no one-dimensional indicator is a comprehensive measure of poverty, the explanatory power of energy poverty indicators is comparable to that of other poverty indicators. Thus, the use of energy indicators is not restricted to environmental and economic issues but is also relevant for social issues

Finance and Economic Development

Directory of Open Access Journals (Sweden)

Ugo Panizza

2012-03-01

Full Text Available Published by Palgrave MacmillanThis chapter reviews the literature on finance and economic development. It starts with a description of the roles of finance, a definition of financial efficiency, and a discussion of whether countries may have financial sectors that are ‘too large’ compared to the size of the domestic economy. Next, the author describes several indicators of financial development and reviews the literature on the relationship between financial development and economic growth. In the literature review, he discusses in detail some recent evidence indicating that the marginal contribution of financial development to gross domestic product (GDP growth becomes negative when credit to the private sector reaches 110 per cent of GDP. The chapter concludes with some policy conclusions targeted to developing countries.

Evaluation of sustainability indices and indicators in the Paphos district area in Cyprus

Science.gov (United States)

Italos, Chrysostomos; Akylas, Evangelos; Karidis, Demetris; Hadjimitsis, Diofantos G.

2014-08-01

During the last decades most of the coastal zones across the Mediterranean Sea concentrates population around polescities owing to the mass movement of people from the rural areas to urban areas. The extensive tourism development across the coast generates demand of new work positions and pressurizes the environment. The economic development increase the natural capital of the study areas increase the covered with buildings and infrastructures areas and as a consequence reduce the quality of life. All the above effects modify the density of the buildings and infrastructures, push and eliminate the free green covered areas and other open spaces. In order to measure the effects on the environment and the quality of life a composite index is developed which arises using combined indices using economical, social and environmental criteria. The above components give a realistic indicator of the effects on the environment. This unique index arises as a function of the ratios of a per capital income a ratio of cover area by the uncovered area and the density of people per unit area. Usually when the wealth is increased the demand of energy and goods also increased and the damage on environment becomes bigger. This paper explores how the application of sustainability indices can be used as a tool to assess the quality of life. The use of GIS and remote sensing is highlighted to support the application of the existing sustainability indices.

Reducing nitrogen leaching from fertilizers to surface waters: catchment specific indicators of economic benefits

DEFF Research Database (Denmark)

Andersen, Mikael Skou; Levin, Gregor; Odgaard, Mette Vestergaard

2018-01-01

We explore with impact pathway methodology the economic benefits of reducing nitrogen leaching to transitional surface waters, as expected for a proportionality test under the EU’s Water Framework Directive article 4. Ten different catchments is analyzed for a policy scenario where downstream dis...

Sustainability: criteria and indicators for the energy area

International Nuclear Information System (INIS)

Walter, F.; Gubler, F.; Brodmann, U.

2001-01-01

This report for the Swiss Federal Office of Energy (SFOE) presents the results of a study made on the concept of sustainability with reference to the energy area. The importance of energy topics in the fundamental ideas behind sustainability - ecological compatibility, economic efficiency and social fairness - is discussed. The methods used to define the criteria and indicators for sustainability are discussed on the basis of existing systems. >From these, criteria and indicators are proposed for the energy area, including indicators for the influence of energy on the environment, economy and society, activity-indicators and indicators for energy efficiency and politics. The system boundaries for the indicators are discussed, as are grey energy and other 'grey' effects in the environmental, economic and social areas. The various criteria, indicators and the effort needed to collect data on them are presented in table form. The report is completed with a discussion of recommendations on what is still to be done in the area, how the results of the study can be used and what actions are still to be taken

STYLIZED ECONOMIC FACTS OF TRANSITION

Directory of Open Access Journals (Sweden)

NATASHA TRAJKOVA-NAJDOVSKA

2017-12-01

Full Text Available In the course of transition, former socialistic countries moved from planned to market economy. This journey typically started with sharp falls in economic activity in all transition countries, accompanied by deterioration of various social indicators. Hence, their main objective was the recovery of economic activity, i.e. increasing the economic growth rate, which in addition was supposed to enable catching up with the European developed economies. This growth movement is usually described by famous U-curve of transition. However, in spite of the efforts and reforms, all transition economies recorded various paces of recovery. This study discusses that difference, through various GDP indicators, - real GDP path, GDP growth rates path, the height of the GDP index achieved and the volatility of growth rates. Analysed in concert, these indicators suggest several other variations of the transition Ucurve, such as: the rapid-J group, the wide-U group and the L-curve group. Namely, almost three decades after the start of the transition, the differences persist, suggesting that some transition economies has not moved significantly towards catching up with the successful transition countries, or with the developed economies.

Financial Development, Environmental Quality and Economic Growth

Directory of Open Access Journals (Sweden)

Shushu Li

2015-07-01

Full Text Available In this study, the relationships between financial development, environmental quality and economic growth are studied based on data from 102 countries over the period 1980–2010 using the generalized method of moments (GMM estimation. The econometric results show the following three basic conclusions: First, both financial development and environmental quality have a significant impact on economic growth and should be included in the production function of the economic growth model as important variables. Second, there is a significant and robust “inverted U-shaped” relationship between financial development and economic growth; with the improvement of the level of financial development, economic growth would first increase and then decrease, which is consistent with the results of previous studies. Third, there is also a significant and robust “inverted U-shaped” relationship between economic growth and carbon emissions, indicating that there exists a “critical point” at which achieving economic growth comes at the expense of environmental quality, and after passing the critical point, the deterioration of environmental quality will lead to a significant slowdown in economic growth. In addition, the econometric analysis in this paper also shows that there was a mutually promoting and strengthening relationship between financial development and environmental quality. Specifically, the degree of financial development can further strengthen the promoting effect of environmental quality on economic growth; meanwhile, an improvement in environmental quality can also strengthen the promoting effect of financial development on economic growth. Financial development and environmental quality could influence economic growth through strengthening the marginal product effects of capital and labor, which further indicates the that both financial and environmental factors play an important role in modern economic development.

The composite indicators used in assessing innovation at national level

Directory of Open Access Journals (Sweden)

Daniela HINCU

2010-12-01

Full Text Available The purpose of present paper is to present some recent developments in constructing composite innovation (or even, science and technology S&T indicators on a national level. Measuring innovation at the national level is crucial in developing appropriate long term strategies for economic growth, because it is widely believed technological innovation is one of the main drivers of sustained economic-social welfare, if not the single most important driver of economic growth. Our purpose is to present a mapping exercise of metrics – based on composite indicators - found in the STI literature, pointing out those used in practice, with a view to corresponding values in the case of Romania. It has become standard practice to combine several indicators for science, technology, and innovation to form composite numbers. Composite indicators are increasingly being used to make cross-national comparisons of country performance in specified areas such as competitiveness, globalisation, innovation, etc.

Leading indicators of crisis incidence: evidence from developed countries

Czech Academy of Sciences Publication Activity Database

Babecký, J.; Havránek, T.; Matějů, Jakub; Rusnák, M.; Šmídková, K.; Vašíček, B.

2013-01-01

Roč. 35, June (2013), s. 1-19 ISSN 0261-5606 R&D Projects: GA MŠk(CZ) SVV 267801/2013 Institutional support: PRVOUK-P23 Keywords : early warning indicators * Bayesian model averaging * economic crises Subject RIV: AH - Economics Impact factor: 1.090, year: 2013

Economic Education in Malaysia: A Brief Report.

Science.gov (United States)

Rao, C. A.

1978-01-01

This report provides a brief description of economic education in Malaysia and indicates interest, on the part of various Asian countries, i.e., Malaysia, Singapore, Indonesia, Thailand, and the Philippines, in the establishment of economic education programs. (Editor/RK)

Macromod: Computer Simulation For Introductory Economics

Science.gov (United States)

Ross, Thomas

1977-01-01

The Macroeconomic model (Macromod) is a computer assisted instruction simulation model designed for introductory economics courses. An evaluation of its utilization at a community college indicates that it yielded a 10 percent to 13 percent greater economic comprehension than lecture classes and that it met with high student approval. (DC)

Areva 2006 figures - Economic, social, societal and environmental data

International Nuclear Information System (INIS)

2006-01-01

This document presents the 2006 economic, social, societal and environmental data of the Areva Group. Content: 1 - Improvement initiative: Continuous improvement, Innovation, stakeholder relations, local economic development, Financial performance; 2 - Commitment to employees: Health and safety, Radiation protection, Radiological impacts, Technological risks, employees and training; 3 - Environment: Water, Energy, Gaseous releases, Liquid releases, Conventional waste, Radioactive waste; 4 - Reporting and performance indicators: Reporting methodology, Auditors' report, Social indicators, Environmental indicators

Indicators of Information Society Measurement :

Directory of Open Access Journals (Sweden)

Hind Elwy

2006-09-01

Full Text Available The indicator of information society describe the infrastructure of information and communication technology ; as well as it’s use and it’s production in different estate of society. The importance economic and social of tic is crescent in modern society. and the presentation of tendency inform above the situation of information society . in this article we want to describe the indicator of tic in Algeria according to librarian’s vision in Mentouri university

Economic Facts of Life Needed by Entrepreneurs.

Science.gov (United States)

Clow, John E.

1984-01-01

Discusses the need for entrepreneurs to understand basic economics principles. Indicates that business education has a role in preparing entrepreneurs in marketing, management, and accounting. Lists key economic generalizations that individuals should understand before assuming the role of entrepreneur. (JOW)

Africa's Failed Economic Development Trajectory: A Critique

African Journals Online (AJOL)

there is something wrong with economic development in Africa. ... indicators, and predictions – findings which have substantial implications for judging whether there is .... Rosenstein-Rodan's steps, although recaliberating his thesis of economic ...... 'International regime governance and apparel labour upgrading in export.

Economics of fusion research

Energy Technology Data Exchange (ETDEWEB)

None, None

1977-10-15

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

Economics of fusion research

International Nuclear Information System (INIS)

1977-01-01

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

Mathematical model comparing of the multi-level economics systems

Science.gov (United States)

Brykalov, S. M.; Kryanev, A. V.

2017-12-01

The mathematical model (scheme) of a multi-level comparison of the economic system, characterized by the system of indices, is worked out. In the mathematical model of the multi-level comparison of the economic systems, the indicators of peer review and forecasting of the economic system under consideration can be used. The model can take into account the uncertainty in the estimated values of the parameters or expert estimations. The model uses the multi-criteria approach based on the Pareto solutions.

Do economic stresses influence child work hours on family farms?

Science.gov (United States)

Gadomski, Anne; de Long, Rachel; Burdick, Patrick; Jenkins, Paul

2005-01-01

Economic stresses are a frequently cited reason for children doing farm work. To explore the relationship between economic indicators and child agricultural work hours between January 2001 and October 2003. This ecologic study design compares trends in aggregate child work hours with national and regional economic indicators. Child work hours were obtained from quarterly surveillance data from a randomized field trial of agricultural task guidelines for children. 2,360 children living or working on 845 farms in central New York participated in the original study. The relationship between child work hours and three economic indicators: national all farm index (AFI) ratio, national fuel index, and regional milk prices was analyzed using times series plots, correlation, and multiple linear regression. The AFI ratio was positively correlated with child work hours (r = 0.49, p = 0.008) but there was no significant correlation between child work hours and fuel or milk prices. Multiple linear regression demonstrated that the relationship between AFI and child work hours is independent of a seasonal effect. Increased child work hours may be associated with periods of higher farm sector productivity, rather than economic stress per se. Findings are limited by the ecologic study design, use of national economic indicators, and the limited number of cycles of child work hours available for time series analysis. Economic conditions may influence decisions about children's farm work.

Sustainable Transport and Performance Indicators

DEFF Research Database (Denmark)

Gudmundsson, H.

2004-01-01

ustainable transport has become a major policy concern in recent years. The term suggests a need to consider transport in a comprehensive perspective including the well-being of both present and future generations, and taking environmental, social and economic issues into account. Indicators...... in forecasting and tracking the performance of transport systems increasingly guide sustainable transport policy making. This review explores the implications of the "sustainable transport" concept and how it can be made operational with indicators. A number of indicator systems are reviewed, and some strengths...... and weaknesses are highlighted with regard to the support they provide for sustainable transport development....

Developing a methodological framework for estimating water productivity indicators in water scarce regions

Science.gov (United States)

Mubako, S. T.; Fullerton, T. M.; Walke, A.; Collins, T.; Mubako, G.; Walker, W. S.

2014-12-01

Water productivity is an area of growing interest in assessing the impact of human economic activities on water resources, especially in arid regions. Indicators of water productivity can assist water users in evaluating sectoral water use efficiency, identifying sources of pressure on water resources, and in supporting water allocation rationale under scarcity conditions. This case study for the water-scarce Middle Rio Grande River Basin aims to develop an environmental-economic accounting approach for water use in arid river basins through a methodological framework that relates water use to human economic activities impacting regional water resources. Water uses are coupled to economic transactions, and the complex but mutual relations between various water using sectors estimated. A comparison is made between the calculated water productivity indicators and representative cost/price per unit volume of water for the main water use sectors. Although it contributes very little to regional economic output, preliminary results confirm that Irrigation is among the sectors with the largest direct water use intensities. High economic value and low water use intensity economic sectors in the study region include Manufacturing, Mining, and Steam Electric Power. Water accounting challenges revealed by the study include differences in water management regimes between jurisdictions, and little understanding of the impact of major economic activities on the interaction between surface and groundwater systems in this region. A more comprehensive assessment would require the incorporation of environmental and social sustainability indicators to the calculated water productivity indicators.

Health, "illth," and economic growth: medicine, environment, and economics at the crossroads.

Science.gov (United States)

Egger, Garry

2009-07-01

Economic growth has been the single biggest contributor to population health since the Industrial Revolution. The growth paradigm, by definition, is dynamic, implying similar diminishing returns on investment at both the macro- and the micro-economic levels. Changes in patterns of health in developing countries, from predominantly microbial-related infectious diseases to lifestyle-related chronic diseases (e.g., obesity, type 2 diabetes) beyond a point of economic growth described as the epidemiologic transition, suggest the start of certain declining benefits from further investment in the growth model. These changes are reflected in slowing improvements in some health indices (e.g., mortality, infant mortality) and deterioration in others (e.g., disability-associated life years, obesity, chronic diseases). Adverse environmental consequences, such as climate change from economic development, are also related to disease outcomes through the development of inflammatory processes due to an immune reaction to new environmental and lifestyle-related inducers. Both increases in chronic disease and climate change can be seen as growth problems with a similar economic cause and potential economic and public health-rather than personal health-solutions. Some common approaches for dealing with both are discussed, with a plea for greater involvement by health scientists in the economic and environmental debates in order to deal effectively with issues like obesity and chronic disease.

What's to Be Done About Laboratory Quality? Process Indicators, Laboratory Stewardship, the Outcomes Problem, Risk Assessment, and Economic Value: Responding to Contemporary Global Challenges.

Science.gov (United States)

Meier, Frederick A; Badrick, Tony C; Sikaris, Kenneth A

2018-02-17

For 50 years, structure, process, and outcomes measures have assessed health care quality. For clinical laboratories, structural quality has generally been assessed by inspection. For assessing process, quality indicators (QIs), statistical monitors of steps in the clinical laboratory total testing, have proliferated across the globe. Connections between structural and process laboratory measures and patient outcomes, however, have rarely been demonstrated. To inform further development of clinical laboratory quality systems, we conducted a selective but worldwide review of publications on clinical laboratory quality assessment. Some QIs, like seven generic College of American Pathologists Q-Tracks monitors, have demonstrated significant process improvement; other measures have uncovered critical opportunities to improve test selection and result management. The College of Pathologists of Australasia Key Indicator Monitoring and Management System has deployed risk calculations, introduced from failure mode effects analysis, as surrogate measures for outcomes. Showing economic value from clinical laboratory testing quality is a challenge. Clinical laboratories should converge on fewer (7-14) rather than more (21-35) process monitors; monitors should cover all steps of the testing process under laboratory control and include especially high-risk specimen-quality QIs. Clinical laboratory stewardship, the combination of education interventions among clinician test orderers and report consumers with revision of test order formats and result reporting schemes, improves test ordering, but improving result reception is more difficult. Risk calculation reorders the importance of quality monitors by balancing three probabilities: defect frequency, weight of potential harm, and detection difficulty. The triple approach of (1) a more focused suite of generic consensus quality indicators, (2) more active clinical laboratory testing stewardship, and (3) integration of formal

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

Directory of Open Access Journals (Sweden)

Olimpia Neagu

2017-04-01

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

The Current Status of the Economic Security of Poltava Region

Directory of Open Access Journals (Sweden)

Bondarevska Olha M.

2017-12-01

Full Text Available The status of economic security of Poltava region in 2012–2016 was analyzed, the analysis was conducted using the developed methodology for assessing economic security of region, which is based on the joint use of indicative and functional methods. In order to assess the status of economic security of region, a system of indicators, divided by economic security components, has been formed using functional approach. The information-analytical provision of assessment has been formed using statistical information on the socio-economic development of the region. The influence of factors of destabilizing and destimulative nature on the status of economic security of the region has been researched. It has been concluded that the economic security of Poltava region is unsatisfactory, despite the existence of some positive tendencies, which at present are not sustainable.

Interactions between environmental quality and economic ...

African Journals Online (AJOL)

Ambient air quality, surface water quality and near-shore water quality from Shanghai are used as environmental indicators and per capita GDP is used as the economic indicator. We found four types of economy-environment relationships in the studied period in Shanghai. The results also show that surface water indicator ...

Sustainable development indicators for territories

International Nuclear Information System (INIS)

Moreau; Sylvain; Bottin, Anne; Bovar, Odile; Nirascou, Francoise; Albecker, Marie-Fleur; Bardou, Magali; Barret, Christophe; Berger, Emmanuel; Blanc, Christophe; Bovar, Odile; Briquel, Vincent; Chery, Jean-Pierre; Deshayes, Michel; Firdion, Laetitia; Fluxa, Christine; Girault, Maurice; Guerrero, David; Hassaine, Zahida; Hilal, Mohamed; Imbert, Frederic; Kerouanton, Marie-Helene; Lacroix, Steve; Magnier, Celine; Moreau, Jacques; Nirascou, Francoise; Pageaud, Dorothee; Schaeffer, Yves; Thienard, Helene; Vinet, Loic; Wemelbeke, Guillaume; Wichmann, Martine; Boitard, Corinne; Bird, Geoffrey

2011-11-01

For different themes (Sustainable consumption and production, Knowledge and social and economic development society, governance, climate change and energy management, sustainable transport and modality, conservation and sustainable management of biodiversity and natural resources, public health, risk prevention and management, social and territorial cohesion), this study proposes a set of axis, and several indicators for each axis. Indicators correspond to different geographical scale and are determined from different sources. These indicators are for example: production of aggregates, proportion of organic agriculture in usable agricultural area, evolution in quantity of household waste collected per inhabitant, employment rate, research spending in relation to GDP, coverage of population by local Agenda 21, and so on. Thus, each indicator is discussed, commented and analysed

Developing macroeconomic energy cost indicators

International Nuclear Information System (INIS)

Oberndorfer, Ulrich

2012-01-01

Indicators are more and more drawn on for policy making and assessment. This is also true for energy policy. However, while numerous different energy price figures are available, subordinate energy cost indicators are lacking. This paper lays out a general concept for such indicator sets and presents a flexible framework for representative and consistent energy cost indicators with an underlying weighting principle based on consumption shares. Their application would provide interesting new insights into the relationship between energy cost burdens of different sectors and countries. It would allow for more rigorous analysis in the field of energy economics and policy, particularly with regard to market monitoring and impact assessment as well as ex-post-policy analysis.

Assessment of eco-environmental quality of Western Taiwan Straits Economic Zone.

Science.gov (United States)

Ma, He; Shi, Longyu

2016-05-01

Regional eco-environmental quality is the key and foundation to the sustainable socio-economic development of a region. Eco-environmental quality assessment can reveal the capacity of sustainable socio-economic development in a region and the degree of coordination between social production and the living environment. As part of a new development strategy for Fujian Province, the Western Taiwan Straits Economic Zone (hereafter referred to as the Economic Zone) provides an important guarantee for the development of China's southeastern coastal area. Based on ecological and remote sensing data on the Economic Zone obtained in 2000, 2005, and 2010, this study investigated county-level administrative regions with a comprehensive index of eco-environmental indicators. An objective weighting method was used to determine the importance of each indicator. This led to the development of an indicator system to assess the eco-environmental quality of the economic zone. ArcGIS software was used to assess the eco-environmental quality of the economic zone based on each indicator. The eco-environmental quality index (EQI) of the county-level administrative regions was calculated. The overall eco-environmental quality of the Economic Zone during the period studied is described and analyzed. The results show that the overall eco-environmental quality of the Economic Zone is satisfactory, but significant intraregional differences still exist. The key to improving the overall eco-environmental quality of this area is to restore vegetation and preserve biodiversity.

IMPACTS OF FOREIGN INVESTMENT ON ECONOMIC GROWTH IN TRANSITION COUNTRIES

Directory of Open Access Journals (Sweden)

Siniša Bosanac

2016-12-01

Full Text Available The current global economic crisis raises many questions and the most important imperative is to find solutions and recover the world economy. Neoliberalism as a cause of the crisis has shown fundamental shortcomings and proved that the market is an imperfect self-regulating system. At the present time in the media, politicians and some economists mention foreign direct investment (FDI as a life-saving solution for economic problems and economic growth. The analysis of the economic indicators proved that FDI cannot be, to the necessary extent, a generator of economic growth and that development of each country should be based on endogenous components. The development of critical thinking and questioning of the neoliberal concept, especially with today's time distance through comparisons of indicators such as economic growth, absence of inflation, employment and the export-import ratio, has revealed major systemic defects of the market fundamentalist policies. A strong indicator and argument to this thesis is particularly evident in the industrial production indexes, in the number of industrial workers and in the share of industry in GDP of transition countries.

Investigations on socio economic indicators of French Alps ski industry from an explicit spatial modelling of managed snow on ski slopes

Science.gov (United States)

Spandre, Pierre; François, Hugues; Morin, Samuel; George-Marcelpoil, Emmanuelle; Lafaysse, Matthieu

2017-04-01

Investigations of the capacity of ski resorts to anticipate, cope with and recover from the impact of natural snow scarcity through snow management (grooming, snowmaking) have been realized in most of the major regions in terms of international ski offer although not in the French Alps hitherto. The present work therefore introduces an innovative approach for the investigation of socio economic implications of changes in snow conditions for the French Alps ski resorts based on a panel of 129 resorts representing 96% of the total French Alps ski lifts infrastructures. We integrated detailed spatial representations of ski resorts (including priority areas for snowmaking equipment) along with physically based snowpack modelling (including the physical impact of grooming and snowmaking). The viability of ski resorts was further adressed thanks to a commonly used rule based on the snow season duration at the village and ski lifts average elevations along with the development of original viability indicators of snow conditions in the French Alps ski resorts based on the specific periods for the economic success of winter sports: Christmas and February school holidays. Such indicators were correlated to the number of ski lifts tickets sales over the 2001 - 2014 period and proved to be relevant to investigate and predict the evolutions of ski lifts tickets sales under the current ski market conditions in the French Alps. Our results outlined the contrast of snow conditions between French Alps ski resorts, even when accounting for snow management, particularly regarding the geographical location of resorts (Southern versus Northern Alps), the size and related elevation range of ski resorts. Our physically based approach also allowed to compute the water and energy requirements for the production of Machine Made snow since the start of the development of snowguns in the French Alps. Our computations proved to be strongly correlated to the observed amounts of water from the

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.

Exploitation by Economic Necessity

Directory of Open Access Journals (Sweden)

Kristian F. Braekkan

2015-10-01

Full Text Available This study develops and tests a model that proposes economic necessity moderates the relationship between psychological contract violations (PCVs and organizational commitment and trust in the employing organization among non-unionized manufacturing workers (N = 226. Moderated regression analyses revealed that there was a significant interaction between PCV and economic necessity in predicting both outcomes. Specifically, the findings indicated that individuals experiencing high PCV and high economic necessity did not decrease their organizational commitment like their counterparts who endorsed lower economic necessity. They did, however, experience significantly decreased trust in their employer. The findings suggest that individuals who are forced to sell their labor power and obtain what they need through the market are more likely to continue to be exploited by their employer, as they have no other options than to continue the relationship. The importance of the findings is discussed, and recommendations for future research are provided.

ECONOMIC GROWTH THEORIES, CONCEPTUAL ELEMENTS, CHARACTERISTICS

Directory of Open Access Journals (Sweden)

Florina, POPA

2014-11-01

Full Text Available The approach of economic growth involves understanding the concept and growth factors, respectively, analysing the growth theories, their trend in the context of the development of economic and social life. The economic growth signifies a process aimed at increasing activities in the national economy, expressed by macroeconomic indicators, respectively, the dynamics of the overall Gross Domestic Product or per inhabitant. It can appreciate that, in the short term, this process signifies phases of economic prosperity and on the long-term, expresses an upward trend, a consequence of the succession of increases and decreases. The study presents some elements which outlines the concept of economic growth, that is, definitions, meanings and the main characteristics of the theories of growth, as well as some of its determinant factors. Also, it gives a brief overview of the main theories of economic growth, as they have evolved over time, in line with the economic reality dynamics and the development of the instruments of economic analysis, starting from the classical theories to the new theories and models of economic growth of the modern age.

Sustainability indicators for the assessment of nuclear power

International Nuclear Information System (INIS)

Stamford, Laurence; Azapagic, Adisa

2011-01-01

Electricity supplies an increasing share of the world's total energy demand and that contribution is set to increase. At the same time, there is increasing socio-political will to mitigate impacts of climate change as well as to improve energy security. This, in combination with the desire to ensure social and economic prosperity, creates a pressing need to consider the sustainability implications of future electricity generation. However, approaches to sustainability assessment differ greatly in their scope and methodology as currently there is no standardised approach. With this in mind, this paper reviews sustainability indicators that have previously been used to assess energy options and proposes a new sustainability assessment methodology based on a life cycle approach. In total, 43 indicators are proposed, addressing the techno-economic, environmental and social sustainability issues associated with energy systems. The framework has been developed primarily to address concerns associated with nuclear power in the UK, but is applicable to other energy technologies as well as to other countries. -- Highlights: → New framework for life cycle sustainability assessment of nuclear power developed. → The framework comprises 43 indicators addressing techno-economic, environmental and social sustainability. → Completely new indicators developed to address different sustainability issues, including nuclear proliferation, energy supply diversity and intergenerational equity. → The framework enables sustainability comparisons of nuclear and other electricity technologies. → Indicators can be used by various stakeholders, including industry, policy makers and NGOs to help identify more sustainable electricity options.

Testing novel quantitative indicators of research ‘quality’, esteem and ‘user engagement’: an economics pilot study

OpenAIRE

Claire Donovan; Linda Butler

2007-01-01

Applying ‘standard’ publication and citation measures to the social sciences is fast becoming an outmoded practice, yet we have still to develop credible quantitative alternatives to inform research evaluation exercises. This paper reports the outcomes of a comparative pilot study of five Australian economics departments which tested data produced using novel bibliometric, esteem, and ‘user engagement’ measures. The results were presented to a group of expert peers drawn from the economics gr...

RELATIONSHIP BETWEEN ECONOMIC GROWTH AND HUMAN CAPITAL

Directory of Open Access Journals (Sweden)

Mihaela Tania SANDU

2010-02-01

Full Text Available Recognizing the importance of infl uence exerted by human capital oneconomic growth of a country, to base decisions regarding the need to invest in such type of capital there are conducted studies and used different models for analysis related to a series of macroeconomic and demographic indicators.We present the main indicators and dynamics of human capital, placedin the economic context of Romania, with reference, in bringing out statistics data, to an average period of time (between 1994-2008 characterized at macroeconomic level, both by recession and economic growth periods. There were also highlighted indicators and dynamics, both at national and individual level.

Multirole cargo aircraft options and configurations. [economic analysis

Science.gov (United States)

Conner, D. W.; Vaughan, J. C., III

1979-01-01

A future requirements and advanced market evaluation study indicates derivatives of current wide-body aircraft, using 1980 advanced technology, would be economically attractive through 2008, but new dedicated airfreighters incorporating 1990 technology, would offer little or no economic incentive. They would be economically attractive for all payload sizes, however, if RD and T costs could be shared in a joint civil/military arrangement. For the 1994-2008 cargo market, option studies indicate Mach 0.7 propfans would be economically attractive in trip cost, aircraft price and airline ROI. Spanloaders would have an even lower price and higher ROI but would have a relatively high trip cost because of aerodynamic inefficiencies. Dedicated airfreighters using propfans at Mach 0.8 cruise, laminar flow control, or cryofuels, would not provide any great economic benefits. Air cushion landing gear configurations are identified as an option for avoiding runway constraints on airport requirements and/or operational constraints are noted.

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.

Evaluating Living Standard Indicators

Directory of Open Access Journals (Sweden)

Birčiaková Naďa

2015-09-01

Full Text Available This paper deals with the evaluation of selected available indicators of living standards, divided into three groups, namely economic, environmental, and social. We have selected six countries of the European Union for analysis: Bulgaria, the Czech Republic, Hungary, Luxembourg, France, and Great Britain. The aim of this paper is to evaluate indicators measuring living standards and suggest the most important factors which should be included in the final measurement. We have tried to determine what factors influence each indicator and what factors affect living standards. We have chosen regression analysis as our main method. From the study of factors, we can deduce their impact on living standards, and thus the value of indicators of living standards. Indicators with a high degree of reliability include the following factors: size and density of population, health care and spending on education. Emissions of carbon dioxide in the atmosphere also have a certain lower degree of reliability.

Relating life cycle assessment indicators to gross value added for Dutch dairy farms

International Nuclear Information System (INIS)

Thomassen, M.A.; Dolman, M.A.; Van Calker, K.J.; De Boer, I.J.M.

2009-01-01

Sustainable dairy production requires farms that are economically viable, environmentally sound and socially acceptable. A low environmental impact of milk production is not necessarily associated with an economically viable farm. To gain insight into a possible trade-off between economic and environmental sustainability, the relation between the environmental and economic indicators of dairy farms was quantified, and farm characteristics that influence this relation were identified. Economic and environmental indicators were quantified for 119 specialized dairy farms in 2005, based on data from the Dutch Farm Accountancy Data Network (FADN). Economic indicators used were: gross value added expressed per kg fat-and-protein-corrected milk (FPCM) or expressed per unit of labour, i.e. labour productivity. Environmental indicators used were: land use per kg FPCM, energy use per kg FPCM, global warming potential per kg FPCM, eutrophication and acidification potential per kg FPCM or per ha of land. Environmental indicators were deduced from a life cycle assessment. High labour productivity on dairy farms was associated with low on-farm energy use, total and on-farm land use, total and on-farm global warming potential, and total and off-farm acidification potential per kg FPCM. High labour productivity, however, was associated also with high on-farm eutrophication and acidification potential per hectare. From partial least squares regression analysis, it was concluded that relations between economic and environmental indicators were affected mainly by milk production per ha, annual milk production per cow, farm size, and amount of concentrates per kg FPCM. An increase in annual milk production per cow, for example, not only increased labour productivity, reduced energy use and global warming potential per kg FPCM but also, in the case of an unchanged stocking density, increased eutrophication and acidification per ha. To be economically and environmentally sustainable

Professional norms, public service motivation and economic incentives

DEFF Research Database (Denmark)

Andersen, Lotte Bøgh

2007-01-01

The theories of professions, public service motivation, and economic incentives explain the behaviour of the producers of publicly financed services differently. They emphasize professional norms, sector, and economic incentives, respectively. The few existing attempts to integrate these theories...... have, however, indicated that these factors interact. Using interviews, surveys and registers, the paper investigated how professional norms, economic incentives and sector affected the behaviour of Danish dentists and physicians. It was found that when strong professional norms existed, economic...... incentives were unimportant for both public and private employees. In contrast, when no firm professional norm applied, economic incentives affected behaviour. Controlling for different economic incentives, sector does not seem to affect the behaviour much. The results imply that the economic...

The Freight Transportation Services Index as a leading economic indicator

Science.gov (United States)

2009-09-01

The Bureau of Transportation Statistics (BTS) freight Transportation Services Index (TSI) showed a decline a full year and a half prior to the start of the current recession. This downturn suggests the TSI may prove particularly useful as an indic...

Economic Theory, Economic Reality And Economic Policy

Directory of Open Access Journals (Sweden)

Dmitry Evgenievich Sorokin

2015-03-01

Full Text Available This paper analyzes the opposition between the «liberals» and «statists» in the Russian political and economic thought. It demonstrates that the economic liberalization is an absolute prerequisite for the transition to sustainable socio-economic development. Such development must rely on investment activities of the state, which in the current circumstances is a necessary but not sufficient measure for reversing the negative trends. The negative developments can be prevented only through implementation, along with the institutional changes in the economic area that form a strata of economically independent entrepreneurs-innovators, of no less profound transformation in political institutions aimed at democratization of public life

Cognitive Capitalism: Economic Freedom Moderates the Effects of Intellectual and Average Classes on Economic Productivity.

Science.gov (United States)

Coyle, Thomas R; Rindermann, Heiner; Hancock, Dale

2016-10-01

Cognitive ability stimulates economic productivity. However, the effects of cognitive ability may be stronger in free and open economies, where competition rewards merit and achievement. To test this hypothesis, ability levels of intellectual classes (top 5%) and average classes (country averages) were estimated using international student assessments (Programme for International Student Assessment; Trends in International Mathematics and Science Study; and Progress in International Reading Literacy Study) (N = 99 countries). The ability levels were correlated with indicators of economic freedom (Fraser Institute), scientific achievement (patent rates), innovation (Global Innovation Index), competitiveness (Global Competitiveness Index), and wealth (gross domestic product). Ability levels of intellectual and average classes strongly predicted all economic criteria. In addition, economic freedom moderated the effects of cognitive ability (for both classes), with stronger effects at higher levels of freedom. Effects were particularly robust for scientific achievements when the full range of freedom was analyzed. The results support cognitive capitalism theory: cognitive ability stimulates economic productivity, and its effects are enhanced by economic freedom. © The Author(s) 2016.

The Impact of FDI on the Economic Growth of Serbia

Directory of Open Access Journals (Sweden)

Miloš Parežanin

2016-05-01

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

Socio-Economic Position and Suicidal Ideation in Men

Directory of Open Access Journals (Sweden)

Jane Pirkis

2017-03-01

Full Text Available People in low socio-economic positions are over-represented in suicide statistics and are at heightened risk for non-fatal suicidal thoughts and behaviours. Few studies have tried to tease out the relationship between individual-level and area-level socio-economic position, however. We used data from Ten to Men (the Australian Longitudinal Study on Male Health to investigate the relationship between individual-level and area-level socio-economic position and suicidal thinking in 12,090 men. We used a measure of unemployment/employment and occupational skill level as our individual-level indicator of socio-economic position. We used the Index of Relative Socio-Economic Disadvantage (a composite multidimensional construct created by the Australian Bureau of Statistics that combines information from a range of area-level variables, including the prevalence of unemployment and employment in low skilled occupations as our area-level indicator. We assessed suicidal thinking using the Patient Health Questionnaire (PHQ-9. We found that even after controlling for common predictors of suicidal thinking; low individual-level and area-level socio-economic position heightened risk. Individual-level socio-economic position appeared to exert the greater influence of the two; however. There is an onus on policy makers and planners from within and outside the mental health sector to take individual- and area-level socio-economic position into account when they are developing strategic initiatives.

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.

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

Science.gov (United States)

Xing, Zhencheng; Wang, Jigan; Zhang, Jie

2018-09-01

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

The Impact of Socio-Economic Indicators on Sustainable Consumption of Domestic Electricity in Lithuania

Directory of Open Access Journals (Sweden)

Sergej Vojtovic

2018-01-01

Full Text Available Lithuania is one of the EU Member States, where the rate of energy consumption is comparatively low but consumption of electricity has been gradually increasing over the last few years. Despite this trend, households in only three EU Member States consume less electricity than Lithuanian households. The purpose of this research is to analyse the impact of socio-economic factors on the domestic electricity consumption in Lithuania, i.e., to establish whether electricity consumption is determined by socio-economic conditions or population’s awareness to save energy. Cointegration analysis, causality test and error-correction model were used for the analysis. The results reveal that there is a long run equilibrium relationship between residential electricity consumption per capita and GDP at current prices as well as the ratio of the registered unemployed to the working-age population. In consequence, the results of the research propose that improvement of living standards for Lithuanian community calls for the necessity to pay particular attention to the promotion of sustainable electricity consumption by providing consumers with appropriate information and feedback in order to seek new energy-related consumption practices.

Economic comparison of fusion fuel cycles

International Nuclear Information System (INIS)

Brereton, S.J.; Kazimi, M.S.

1987-01-01

The economics of the DT, DD, and DHe fusion fuel cycles are evaluated by comparison on a consistent basis. The designs for the comparison employ HT-9 structure and helium coolant; liquid lithium is used as the tritium breeding material for the DT fuel cycle. The reactors are pulsed, superconducting tokamaks, producing 1200 MW of electric power. The DT and DD designs scan a range of values of plasma beta, assuming first stability scaling laws. The results indicate that on a purely economic basis, the DT fuel cycle is superior to both of the advanced fuel cycles. Geometric factors, materials limitations, and plasma beta were seen to have an impact on the Cost of Electricity (COE). The economics for the DD fuel cycle are more strongly affected by these parameters than is the DT fuel cycle. Fuel costs are a major factor in determining the COE for the DHe fuel cycle. Based on costs directly attributable to the fuel cycle, the DT fuel cycle appears most attractive. Technological advances, improved understanding of physics, or strides in advanced energy conversion schemes may result in altering the economic ranking of the fuel cycles indicated here. 7 refs., 6 figs., 2 tabs

Economic evaluation manual

Energy Technology Data Exchange (ETDEWEB)

1975-09-01

An economic analysis on oil or gas property is generally accompanied by a reservoir analysis which predicts the reserves and the performance of the reservoir, recommends the optimum economic method with which to recover the reserves, and through a performance prediction indicates a time schedule for future investments and income. The requirements for a reservoir evaluation are as follows: (1) good reservoir data; (2) oil in place; (3) reservoir energy, both primary and secondary; and (4) reserve calculation and performance predictions for giving both production schedule and selection of secondary recovery mechanisms. Given the above reservoir evaluation parameters, the following are requirements for a complete economic analysis: (1) lease exploration and purchase costs; (2) capital investments schedule dependent upon a reservoir performance prediction; and (3) factors affecting net income such as anticipated selling price of oil and gas and the availability of a market, operating costs and working interest, royalty schedule, depreciation methods, depletion methods and tax schedule. (71 refs.)

Sustainability indicators for innovation and research institutes of nuclear area in Brazil

International Nuclear Information System (INIS)

Alves, S.F.; Barreto, A.A.; Rodrigues, P.C.H.; Feliciano, V.M.D.

2016-01-01

Indicators are relevant tools for measuring sustainability process. In this study, the relevance of sustainability indicators appropriate for research and innovation institutes in Brazil is discussed. As reference for case study, nuclear research and innovation institutes were chosen. Sixty-nine sustainability indicators were considered. Some of these indicators were obtained from lists in the literature review, distributed between the dimensions environmental, economic, social, cultural and institutional. The other indicators were developed through discussions between professionals from nuclear, environmental, economic, social and cultural areas. Among the investigated indicators, 32 were selected as being the most relevant. Discrepancies were found during the analysis the opinions of the experts in relation to sustainability dimensions proposed. (author)

Constructing Indicators for Measuring Provincial Sustainable Development Index in Vietnam

Science.gov (United States)

Truong, Van Canh; Lisowski, Andrzej

2018-03-01

Sustainable development is zeitgeist of our age. It is one kind of development that in this trajectory humanity can create a stable and developed socio-economic foundations, conserve environment and therefore able to continue for a long time. Using indicators is one of the best ways to monitor and measure the progress toward sustainable development. In this paper we have proposed the way to create indicators for measuring provincial sustainable development index in Vietnam. We firstly made a framework of elements for economic, social and environmental component and compiled a list of indicators of 20 national and international agencies in the world. We then applied the SMART framework (Specific, Measurable, Achievable, Relevant, and Time-related) to choose indicators which will be relevant for Vietnam and put them back to the elements. We then have 39 relevant indicators with 12 indicators for economy, 17 indicators for social and 10 indicators for environmental component. Finally, we have established the way to determine the worst and best value for each indicator from available data for countries in the world.

The cyclical character of economic policy in Serbia 2001-2012

Directory of Open Access Journals (Sweden)

Radović-Stojanović Jelena

2014-01-01

Full Text Available This paper investigates the cyclical character of economic policy in Serbia in the period 2001-2012. For this purpose the cyclical movement of the following monetary and fiscal variables have been analysed: M2 money supply, the retail price index, the consumer price index, and the real effective exchange rate as the monetary policy indicators, and budget revenues and budget expenditures as the fiscal policy indicators. In the evaluation of the cyclical character of the economic policy, cross-correlation between the cyclical component of economic policy indicators and the gross domestic product at various lags has been observed. The results of cross-correlation analysis suggest that the budget expenditures are countercyclical and lead the aggregate cycle while the budget revenues are procyclical. The cyclical character of M2 money supply in the Serbian economy is somewhat contradictory, so further investigations of the cyclical character of monetary policy and mutual interdependence of money and output are required. The real effective exchange rate is countercyclical. The prices are procyclical and lag behind the cycles in aggregate economic activity. The procyclical character of prices indicates that the causes of the cyclical fluctuations of aggregate economic activities in Serbia in the period from 2001 to 2012 were on the demand side.

Corporate sustainability: environmental, social, economic and corporate performance

Directory of Open Access Journals (Sweden)

Alena Kocmanová

2011-01-01

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

Impact of Migration upon a Receiving Country’s Economic Development

Directory of Open Access Journals (Sweden)

Sorin Manole

2017-08-01

Full Text Available Economic growth regarded as a mechanism to ensure a long-term balance through the optimal use of available resources, through the development of innovative potential, the creation and development of instruments generating economic growth and also an adequate distribution of income is influenced by many factors, including migration. This paper aims at highlighting the effects of migration upon the economic development of EU Member State receiving countries, starting from economic and social facts indicating a migration phenomenon that is ever increasing. In this regard, it has been thought appropriate to perform an analysis on how the migration phenomenon is perceived and an empirical study on the economic impact of migration on receiving countries of the European Union. Thus, a linear model has been used with panel data with specific fixed effects for cross section units, and the database has been made up of the values recorded for GDP per capita influence factors in the 28 EU Member States in the period 2008-2014. The results show that migration has positive effects upon economic development. We have chosen to use GDP per capita as a measure of economic growth starting from the EUROSTAT indicator system used to measure sustainable development, and also from the fact that the National Institute of Statistics in Romania uses GDP per capita as one of 18 indicators measuring the knowledge and economic and social development society.

University of Wisconsin System Leaders' Perceptions of Economic Development

Science.gov (United States)

Eckmann, David A.

2017-01-01

This case study of one comprehensive university's economic-development engagement in its region was designed to better understand perceptions and actions by higher education leaders and economic development professionals. Findings indicated that one regional comprehensive university was an effective economic development partner because its leaders…

The relationship between animal welfare and economic performance at farm level

DEFF Research Database (Denmark)

Henningsen, Arne; Czekaj, Tomasz Gerard; Forkman, Björn

We propose a theoretical framework for the relationship between animal welfare and the economic performance of livestock farms. We empirically analyse this relationship based on a unique data set of randomly sampled Danish pig herds that includes information from unannounced inspections of the co......We propose a theoretical framework for the relationship between animal welfare and the economic performance of livestock farms. We empirically analyse this relationship based on a unique data set of randomly sampled Danish pig herds that includes information from unannounced inspections...... of the compliance with the animal welfare legislation. We find large variations in economic performance indicators and animal welfare indicators. The relationship between these two indicators is rather weak, but tends to be slightly positive. We conclude that management has a major influence on both economic...... performance and animal welfare so that good farm managers are able to obey all animal welfare regulations and, at the same time, achieve a high economic performance....

Economic exchanges in a stratified society: End of the middle class?

International Nuclear Information System (INIS)

Laguna, M.F.; Risau Gusman, S.; Iglesias, J.R.

2005-05-01

We study the effect of the social stratification on the wealth distribution on a system of interacting economic agents that are constrained to interact only within their own economic class. The economical mobility of the agents is related to its success in exchange transactions.Different wealth distributions are obtained as a function of the width of the economic class. We and a range of widths in which the society is divided into two classes separated by a deep gap that prevents further exchange between poor and rich agents. As a consequence, the middle wealth class is eliminated. The high values of the Gini indices obtained in these cases indicate a highly unequal society. On the other hand, lower and higher widths induce lower Gini indices and a fairer wealth distribution. (author)

Economic Growth as a Factor of Political Stability

Directory of Open Access Journals (Sweden)

Анна Олеговна Ярославцева

2015-12-01

Full Text Available The article analyzes actual problems of the impact of economic growth on the political stability of different state. The author shows that despite the undoubted correlation of the level of economic development and political stability, economic growth by itself is not a panacea for destabilization risks because of the effects of inflated expectations and transformations of social consciousness. The author argues that the impact of economic growth on political stability is largely ambivalent. On the basis of “Tocqueville's law” and the range of theories of “relative deprivation”, the author makes a conclusion about the principal limitations of predictive and interpretive capabilities of economic indicators (primarily economic growth for the analysis of political stability.

On the Study of Pre-Pregnancy Body Mass Index (BMI) and Weight Gain as Indicators of Nutritional Status of Pregnant Women Belonging to Low Socio-Economic Category: A Study from Assam.

Science.gov (United States)

Mahanta, Lipi B; Choudhury, Manisha; Devi, Arundhuti; Bhattacharya, Arunima

2015-01-01

Women, particularly pregnant women, are the most vulnerable population of the society and their health status is one of the major indicators of development. There were enough studies on pre pregnancy body mass index (IPBMI) and inadequate weight gain during pregnancy (IWGP) of women in other part of the world and India, but none in Assam. In Assam a large number of population are in the category of low socio-economic group, a group most vulnerable to under nutrition. Thus this study was framed with the said indicators to throw light on the factors affecting the health status of pregnant women to accordingly address the situation. A cross sectional study using multistage sampling design with probability proportional to size was made comprising of 461 pregnant women belonging to low socio-economic status. Responses regarding their socio-economic, socio-cultural, health, diet and environmental background were collected and coded. The study revealed that although IPBMI (34.06%) was slightly lower than the reported state, national and global percentage the revealed IWGP (82%) was an astounding figure. The blood samples analyzed showed a high degree of inadequacy in almost all micronutrients (iron 63.1%, calcium 49.5% and copper 39.9%) studied in our survey.

Energy efficiency / economic in agroecosystems; Eficiencia energetica/economica em agroecossistemas

Energy Technology Data Exchange (ETDEWEB)

Almeida, Luis Carlos Ferreira de; Bueno, Osmar de Carvalho; Esperancini, Maura Seiko Tsutui [Universidade Estadual Paulista Julio de Mesquita Filho (FCA/UNESP), Botucatu, SP (Brazil). Fac. de Ciencias Agronomicas

2010-07-01

The energy and economic evaluation of agroecosystems is important in the sense of appraise as maintainable these can be so much of the point of view energy as economic. The objective of the present paper was to show, starting from a case study, the construction of an indicator of energy/economic efficiency, whose results for four existent systems of corn production in the study area presented indexes that varied between 22.4 and 31.6. Of the reading of those values was possible to evaluate that all of the appraised systems show sustainability of long and short term. The proposed indicator if it shows solid in the agroecosystems appreciation concerning the analysis of your energy/economic sustainability. (author)

Using monetary measurement of environmental impacts within economic reporting system

International Nuclear Information System (INIS)

Dovenmuehle, Timo R.H. von der

2013-01-01

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

Using monetary measurement of environmental impacts within economic reporting system

Energy Technology Data Exchange (ETDEWEB)

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

2013-07-01

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

Landscape urbanization and economic growth in China: positive feedbacks and sustainability dilemmas.

Science.gov (United States)

Bai, Xuemei; Chen, Jing; Shi, Peijun

2012-01-03

Accelerating urbanization has been viewed as an important instrument for economic development and reducing regional income disparity in some developing countries, including China. Recent studies (Bloom et al. 2008) indicate that demographic urbanization level has no causal effect on economic growth. However, due to the varying and changing definition of urban population, the use of demographic indicators as a sole representing indicator for urbanization might be misleading. Here, we re-examine the causal relationship between urbanization and economic growth in Chinese cities and provinces in recent decades, using built-up areas as a landscape urbanization indicator. Our analysis shows that (1) larger cities, both in terms of population size and built-up area, and richer cities tend to gain more income, have larger built-up area expansion, and attract more population, than poorer cities or smaller cities; and (2) that there is a long-term bidirectional causality between urban built-up area expansion and GDP per capita at both city and provincial level, and a short-term bidirectional causality at provincial level, revealing a positive feedback between landscape urbanization and urban and regional economic growth in China. Our results suggest that urbanization, if measured by a landscape indicator, does have causal effect on economic growth in China, both within the city and with spillover effect to the region, and that urban land expansion is not only the consequences of economic growth in cities, but also drivers of such growth. The results also suggest that under its current economic growth model, it might be difficult for China to control urban expansion without sacrificing economic growth, and China's policy to stop the loss of agricultural land, for food security, might be challenged by its policy to promote economic growth through urbanization.

Estimating total economic merit for the Portuguese Holstein cattle population under new economic conditions

Directory of Open Access Journals (Sweden)

Joana B.M. Almeida

2013-12-01

Full Text Available The objective of this study was to develop a total economic merit index that identifies more profitable animals using Portugal as a case study to illustrate the recent economic changes in milk production. Economic values were estimated following future global prices and EU policy, and taking into consideration the priorities of the Portuguese dairy sector. Economic values were derived using an objective system analysis with a positive approach, that involved the comparison of several alternatives, using real technical and economic data from national dairy farms. The estimated relative economic values revealed a high importance of production traits, low for morphological traits and a value of zero for somatic cell score. According to several future market expectations, three scenarios for milk production were defined: a realistic, a pessimistic and an optimistic setting, each with projected future economic values. Responses to selection and efficiency of selection of the indices were compared to a fourth scenario that represents the current selection situation in Portugal, based on individual estimated breeding values for milk yield. Although profit resulting from sale of milk per average lactation in the optimistic scenario was higher than in the realistic scenario, the volatility of future economic conditions and uncertainty about the future milk pricing system should be considered. Due to this market instability, genetic improvement programs require new definitions of profit functions for the near future. Effective genetic progress direction must be verified so that total economic merit formulae can be adjusted and selection criteria redirected to the newly defined target goals.

Canadian environmental sustainability indicators : air quality indicator : data sources methods 2005

International Nuclear Information System (INIS)

2006-01-01

National indicators of freshwater quality, air quality and greenhouse gas emissions were established in 2004 by the Canadian government in recognition that public health and economic well-being are linked to the quality of the environment. These indicators build on a base of an established national monitoring network and are communicated to the public by Environment Canada, Statistics Canada and Health Canada in an effort to provide reliable information on the state of the environment. Each indicator reported in a given year has an associated data sources and methods report to provide technical detail and background information that will help interpret the indicator. This particular report focused on the basic methods and data for the air quality indicator as it was reported in 2005. It approximated public exposure to ground-level ozone, a key component of smog and a harmful pollutant. Since ozone levels are influenced by weather and transboundary flows of pollutants, this report analyzed observed concentrations in relation to where people live. The indicator measures the seasonal average of the highest 8-hour average ground-level ozone concentration for each day. The indicator reflects possible health impacts related to ozone over the entire season. It is population-weighted and assumes that ozone concentrations are constant within a radius of 40 km around each monitoring station. It was noted that future improvements for the air quality indicator will include measures of fine particulate matter and improvements in monitoring methods. 9 refs., 2 tabs., 6 figs

On Forecasting Macro-Economic Indicators with the Help of Finite-Difference Equations and Econometric Methods

Directory of Open Access Journals (Sweden)

Polshkov Yulian M.

2013-11-01

Full Text Available The article considers data on the gross domestic product, consumer expenditures, gross investments and volume of foreign trade for the national economy. It is assumed that time is a discrete variable with one year iteration. The article uses finite-difference equations. It considers models with a high degree of the regulatory function of the state with respect to the consumer market. The econometric component is based on the hypothesis that each of the above said macro-economic indicators for this year depends on the gross domestic product for the previous time periods. Such an assumption gives a possibility to engage the least-squares method for building up linear models of the pair regression. The article obtains the time series model, which allows building point and interval forecasts for the gross domestic product for the next year based on the values of the gross domestic product for the current and previous years. The article draws a conclusion that such forecasts could be considered justified at least in the short-term prospect. From the mathematical point of view the built model is a heterogeneous finite-difference equation of the second order with constant ratios. The article describes specific features of such equations. It illustrates graphically the analytical view of solutions of the finite-difference equation. This gives grounds to differentiate national economies as sustainable growth economies, one-sided, weak or being in the stage of successful re-formation. The article conducts comparison of the listed types with specific economies of modern states.

Books average previous decade of economic misery.

Science.gov (United States)

Bentley, R Alexander; Acerbi, Alberto; Ormerod, Paul; Lampos, Vasileios

2014-01-01

For the 20(th) century since the Depression, we find a strong correlation between a 'literary misery index' derived from English language books and a moving average of the previous decade of the annual U.S. economic misery index, which is the sum of inflation and unemployment rates. We find a peak in the goodness of fit at 11 years for the moving average. The fit between the two misery indices holds when using different techniques to measure the literary misery index, and this fit is significantly better than other possible correlations with different emotion indices. To check the robustness of the results, we also analysed books written in German language and obtained very similar correlations with the German economic misery index. The results suggest that millions of books published every year average the authors' shared economic experiences over the past decade.

ECONOMICS OF HAPPINESS: A STUDY ON HAPPINESS INDICATORS IN UNIVERSITY PROFESSORS

Directory of Open Access Journals (Sweden)

Gustavo Piva GUAZZELLI

2016-02-01

Full Text Available The pursuit of happiness is a desire that everyone has in life. The behavioral economics can help to identify constraints to achieve the true happiness. This study made an attempt to identify some possible determinants to explain the happiness of university professors in higher education institutions in the city of Passo Fundo/RS. Data were collected through questionnaires and analyzed using multiple regression models in seven different groups, classified into happiness by sex; happiness by marital status; happiness by age; happiness and money; happiness, sports and health; happiness, friendship, love relationships and sex life; and happiness, creativity and organization. The results show that money is not one of the major constraints to achieve happiness in this analysis group, that love relationships significantly increase the happiness of this study group, once sexual relationships don’t represent happiness increasing. It was also found that emotional / mental health of the participants has significance to turn them happier as creative tasks and planning actions to the future to reach the dreams and goals demonstrate to increase the happiness of this sample of university teachers.

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

Quantifying Urban Fragmentation under Economic Transition in Shanghai City, China

Directory of Open Access Journals (Sweden)

Heyuan You

2015-12-01

Full Text Available Urban fragmentation affects sustainability through multiple impacts on economic, social, and environmental cost. Characterizing the dynamics of urban fragmentation in relation to economic transition should provide implications for sustainability. However, rather few efforts have been made in this issue. Using the case of Shanghai (China, this paper quantifies urban fragmentation in relation to economic transition. In particular, urban fragmentation is quantified by a time-series of remotely sensed images and a set of landscape metrics; and economic transition is described by a set of indicators from three aspects (globalization, decentralization, and marketization. Results show that urban fragmentation presents an increasing linear trend. Multivariate regression identifies positive linear correlation between urban fragmentation and economic transition. More specifically, the relative influence is different for the three components of economic transition. The relative influence of decentralization is stronger than that of globalization and marketization. The joint influences of decentralization and globalization are the strongest for urban fragmentation. The demonstrated methodology can be applicable to other places after making suitable adjustment of the economic transition indicators and fragmentation metrics.

Measuring economic activity in China with mobile big data

Directory of Open Access Journals (Sweden)

Lei Dong

2017-11-01

Full Text Available Abstract Emerging trends in the use of smartphones, online mapping applications, and social media, in addition to the geo-located data they generate, provide opportunities to trace users’ socio-economic activities in an unprecedentedly granular and direct fashion and have triggered a revolution in empirical research. These vast mobile data offer new perspectives and approaches to measure economic dynamics, and they are broadening the social science and economics fields. In this paper, we explore the potential for using mobile data to measure economic activity in China from a bottom-up view. First, we build indices for gauging employment and consumer trends based on billions of geo-positioning data. Second, we advance the estimation of offline store foot traffic via location search data derived from Baidu Maps, which is then applied to predict Apple’s revenues in China and to accurately detect box-office fraud. Third, we construct consumption indicators to track trends in various service sector industries and verify them with several existing indicators. To the best of our knowledge, this is the first study to measure the world’s second-largest economy by mining such unprecedentedly large-scale and fine-granular spatial-temporal data. In this way, our research provides new approaches and insights into measuring economic activity.

Measuring Institutions: Indicators of Political and Property Rights in Malawi

Science.gov (United States)

Fedderke, Johannes; Garlick, Julia

2012-01-01

This paper constructs a new set of institutional indicators for Malawi. We develop indicators of political rights, of freehold, traditional (communitarian) and intellectual property rights, based on the Malawian legislative framework. In exploring the association between our rights measures and a range of indicators of socio-economic development,…

ECONOMIC AND SOCIAL EFFICIENCY OF PROPERTY INVESTMENTS

Directory of Open Access Journals (Sweden)

Florina Oana Virlanuta

2014-03-01

Full Text Available Investments play a key part within the goods and services industry, consumerism and community as well. The effects generated by any investment project substantiate this statement, regardless the sector of activity in which they are implemented. In the current market economy, economic efficiency indicators are playing an important role in assessing and analyzing an investment project since due to these indicators, the investor can become aware of the most important aspects they need to respond promptly. In this respect, we conducted a market analysis of real estate investments in Romania, highlighting economic and social efficiency of property investments.

Positive and Negative Factors of Economic Development in Economic History of South Korea

Directory of Open Access Journals (Sweden)

Park Jong Min

2017-01-01

Full Text Available Purpose: the aim of the article is to analyze the Korean economic strategy from the beginning of its development until modern stage. Examination of how this strategy has changed depending on changes within domestic and international economic environment, assumptions, set goals, their effectiveness and significance of all the taken measures. It will demonstrate waypoints for the future economic development and will become a trigger towards recognition of the successful development of the Korean economy by other countries. Methods: the methodological bases of this article are the economic and statistical methods of analysis of the Korean economys, graphical methods displaying economic indicators. Results: economic history of South Korea over the past century shows the positive and negative factors of the development from an economically weak country into a developing country. The history of the Japanese occupation of Korea, lasting from 1910 to 1945, showed that for a country which has lost its national sovereignty, expropriated the state's economy has no effect after the restoration of independence, and that the economy cannot develop in conditions of chaos within the political, economic and social spheres. Even after the establishment of a military dictatorship, it is possible to note that despite limitations of citizens’ rights, the economy can still grow if the people want it. In addition to the development of internal political system, unstable factors in the process of promotion of social reforms and hastily adopted policy of "open doors" in order to enhance the international status are unreasonable political, economic and social changes. In turn, the inability to control currency exchange in Asian countries, which is a policy of economic development, has shown the existence of a risk of national bankruptcy. Moreover, the adoption of policies of excessive decrease of interest rates in order to revive the recession may be counterproductive

Proxy indicators as measure of local economic dispositions in South ...

African Journals Online (AJOL)

in international markets. The proxy is a coincidental and pro-cyclic indicator, with a correlation of 0.86. Key similarities exist between the economy and the profitability of hardware stores, although the proxy is not as accurate as the volume of sales in hardware stores. The correlation is measured at 0.85. The profitability of the ...

Economic condition of the transport, freight forwarding and logistics sector in Poland in the situation of the global economic recession

Directory of Open Access Journals (Sweden)

Ryszard Rolbiecki

2012-06-01

Full Text Available Currently trends of macroeconomic indicators show that economy in Poland, despite the general recession in the EU, is in the stage of economic development. The question is 20 Ryszard Rolbiecki whether these positive signals in the Polish economy in relation to domestic demand, external investment, volume of industrial production and construction are reflected also in the improvement of economic situation in Transport, Freight Forwarding and Logistics (TFL sector in Poland. Hence the goal of the article is to analyze the economic condition of the TFL sector, which is recognized as one of the most important barometers of the economic growth.

Monitoring the Implementation of State Regulation of National Economic Security

Directory of Open Access Journals (Sweden)

Hubarieva Iryna O.

2018-03-01

Full Text Available The aim of the article is to improve the methodological tools for monitoring the implementation of state regulation of national economic security. The approaches to defining the essence of the concept of “national economic security” are generalized. Assessment of the level of national economic security is a key element in monitoring the implementation of state regulation in this area. Recommendations for improving the methodology for assessing national economic security, the calculation algorithm of which includes four interrelated components (economic, political, social, spiritual one, suggests using analysis methods (correlation and cluster analysis, and taxonomy, which allows to determine the level and disproportion of development, can serve as a basis for monitoring the implementation of state regulation of national economic security. Such an approach to assessing national economic security makes it possible to determine the place (rank that a country occupies in a totality of countries, the dynamics of changing ranks over a certain period of time, to identify problem components, and monitor the effectiveness of state regulation of the national economic security. It the course of the research it was determined that the economic sphere is the main problem component of ensuring the security of Ukraine’s economy. The analysis made it possible to identify the most problematic partial indicators in the economic sphere of Ukraine: economic globalization, uneven economic development, level of infrastructure, level of financial market development, level of economic instability, macroeconomic stability. These indicators have a stable negative dynamics and a downward trend, which requires an immediate intervention of state bodies to ensure the national economic security.

Unveiling consumer's privacy paradox behaviour in an economic exchange.

Science.gov (United States)

Motiwalla, Luvai F; Li, Xiao-Bai

2016-01-01

Privacy paradox is of great interest to IS researchers and firms gathering personal information. It has been studied from social, behavioural, and economic perspectives independently. However, prior research has not examined the degrees of influence these perspectives contribute to the privacy paradox problem. We combine both economic and behavioural perspectives in our study of the privacy paradox with a price valuation of personal information through an economic experiment combined with a behavioural study on privacy paradox. Our goal is to reveal more insights on the privacy paradox through economic valuation on personal information. Results indicate that general privacy concerns or individual disclosure concerns do not have a significant influence on the price valuation of personal information. Instead, prior disclosure behaviour in specific scenario, like with healthcare providers or social networks, is a better indicator of consumer price valuations.

IMPROVEMENT OF SYSTEMS OF TECHNICAL WATER SUPPLY WITH COOLING TOWERS FOR HEAT POWER PLANTS TECHNICAL AND ECONOMIC INDICATORS PERFECTION. Part 2

Directory of Open Access Journals (Sweden)

Yu. A. Zenovich-Leshkevich-Olpinskiy

2016-01-01

Full Text Available The method of calculation of economic efficiency that can be universal and is suitable for feasibility study of modernization of irrigation and water distribution system of cooling towers has been developed. The method takes into account the effect of lower pressure exhaust steam in the condenser by lowering the temperature of the cooling water outlet of a cooling tower that aims at improvement of technical and economic indicators of heat power plants. The practical results of the modernization of irrigation and water distribution system of a cooling tower are presented. As a result, the application of new irrigation and water distribution systems of cooling towers will make it possible to increase the cooling efficiency by more than 4 оС and, therefore, to obtain the fuel savings by improving the vacuum in the turbine condensers. In addition, the available capacity of CHP in the summer period is increased. The results of the work, the experience of modernization of irrigation and water distribution systems of the Gomel CHP-2 cooling towers system, as well as the and methods of calculating of its efficiency can be disseminated for upgrading similar facilities at the power plants of the Belarusian energy system. Some measures are prosed to improve recycling systems, cooling towers and their structures; such measures might significantly improve the reliability and efficiency of technical water supply systems of heat power plants.

Assessing the Financial and Market Components of the Enterprise’s Economic Security

Directory of Open Access Journals (Sweden)

Vakhlakova Viktoriia V.

2017-08-01

Full Text Available The most common in assessing economic security of an enterprise is the functional approach, but it needs to be improved on the basis of accumulated knowledge in the science of economic security at the micro-level, thus allowing for different organizing its usage. In order to assess the economic security of enterprise using a functional approach, it is proposed to abandon many functional components in favor of focusing on the financial and market ones, and to discard the traditional rollup of the normalized single and complex indicators to obtain an integral measure of the enterprise’s economic security. In order to assess the economic security of enterprise by the financial and market components, it is proposed to use the signature criteria for the selected indicators by each component, the number of which should be small. For each of the assessed components of the enterprise’s economic security four single indicators were selected, making possible to visualize the assessments by using the elliptic form of the Euler – Venn circles for the four multitudes of assessments as to each component.

Economic assessment of sterifeed process

International Nuclear Information System (INIS)

Mat Rasol Awang; Hassan Hamdani Mutaat

2004-01-01

The economics of a processing technology depends on its cost. Two types of costs commonly used in the estimation are a fixed cost and the other is variable cost. The cost structure that included in the fixed cost, mainly, the cost of land, building and machineries, and the variable cost covers raw materials, salary / wages, utilities, irradiation charge, other miscellaneous expenses and contingencies. The assessment were made by treating the economic data using discounted cash flow projection method to deduce the economic indicators: Net Present Value (NPV), Internal Rate of Return (IRR), Benefit to Cost (B/C) ratio, that would suggest the project feasibility, either feasible or otherwise. The NPV, IRR, B/C deduced from Sterifeed Process showed the economic of this technology was infeasible due high cost incurred in transportation, labour as well as the cost of machinery. This is accomplished by sensitivity test performed on these cost components. However, cost structure derived from Sterifeed Plant serves as a model cost structure for economic assessment in production of Sterifeed, a fermented ruminant feed, and to work further on the economic of the project. This paper discuss economic evaluation of Sterifeed process in different scenarios that carried out in the Sterifeed process operations and deduction were made to derive a model production unit for commercialisation. (Author)

Books Average Previous Decade of Economic Misery

Science.gov (United States)

Bentley, R. Alexander; Acerbi, Alberto; Ormerod, Paul; Lampos, Vasileios

2014-01-01

For the 20th century since the Depression, we find a strong correlation between a ‘literary misery index’ derived from English language books and a moving average of the previous decade of the annual U.S. economic misery index, which is the sum of inflation and unemployment rates. We find a peak in the goodness of fit at 11 years for the moving average. The fit between the two misery indices holds when using different techniques to measure the literary misery index, and this fit is significantly better than other possible correlations with different emotion indices. To check the robustness of the results, we also analysed books written in German language and obtained very similar correlations with the German economic misery index. The results suggest that millions of books published every year average the authors' shared economic experiences over the past decade. PMID:24416159

The Recession's Ongoing Impact on America's Children: Indicators of Children's Economic Well-Being through 2011

Science.gov (United States)

Isaacs, Julia B.

2011-01-01

Children throughout the United States continue to be negatively impacted by the lingering effects of the Great Recession, with children in some states more hard hit than others. The impact of the recession on children can be hard to see. Some economic statistics ignore children, while others come out with a long time delay. This updated issue…

Tools for tracking progress. Indicators for sustainable energy development

International Nuclear Information System (INIS)

Khan, A.; Rogner, H.H.; Aslanian, G.

2000-01-01

A project on 'Indicators for Sustainable Energy Development (ISED)' was introduced by the IAEA as a part of its work programme on Comparative Assessment of Energy Sources for the biennium 1999-2000. It is being pursued by the Planning and Economic Studies Section of the Department of Nuclear Energy. The envisaged tasks are to: (1) identify the main components of sustainable energy development and derive a consistent set of appropriate indicators, keeping in view the indicators for Agenda 21, (2) establish relationship of ISED with those of the Agenda 21, and (3) review the Agency's databases and tools to determine the modifications required to apply the ISED. The first two tasks are being pursued with the help of experts from various international organizations and Member States. In this connection two expert group meetings were held, one in May 1999 and the other in November 1999. The following nine topics were identified as the key issues: social development; economic development; environmental congeniality and waste management; resource depletion; adequate provision of energy and disparities; energy efficiency; energy security; energy supply options; and energy pricing. A new conceptual framework model specifically tuned to the energy sector was developed, drawing upon work by other organizations in the environmental area. Within the framework of this conceptual model, two provisional lists of ISED - a full list and a core list - have been prepared. They cover indicators for the following energy related themes and sub-themes under the economic, social and environmental dimensions of sustainable energy development: Economic dimension: Economic activity levels; End-use energy intensities of selected sectors and different manufacturing industries; energy supply efficiency; energy security; and energy pricing. Social dimension: Energy accessibility and disparities. Environmental dimension: Air pollution (urban air quality; global climate change concern); water

Public Governance and Economic Growth in the Transitional Economies of the European Union

Directory of Open Access Journals (Sweden)

Yilmaz BAYAR

2016-06-01

Full Text Available According to new growth theories, public governance is an important determinant for sustained economic growth. This study examines the impact of six public governance indicators, including voice and accountability, political stability and the absence of violence/terrorism, government effectiveness, regulatory quality, rule of law and control of corruption, on the economic growth in the transitional economies of the European Union during the 2002-2013 period. The results show that all governance indicators except regulatory quality had a statistically significant positive impact on economic growth. Our findings also indicate that control of corruption and rule of law had the largest impact on economic growth, while political stability had the lowest impact.

Evaluating the Performance of South African Economics Departments

OpenAIRE

John Luiz

2009-01-01

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

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

Environmental indicators for buildings

DEFF Research Database (Denmark)

Dammann, S.

Whenever we shop, the products we consider buying are labelled with the economical price we have to pay if we want to purchase them - an important parameter in our decisions as purchasers. The increrasing awareness for environmental limits and backlashes of human activities also in the building...... sector have fostered the wish to define 'the ecological price' of a building as a help for environmental conscious decision-making. In a social constructivist approach this Ph.D. thesis looks across and beyond the manifold existing approaches for environmental indicators for buildings. It acknowledges...... in the Netherlands. It identifies lines of conflict and areas of consent betweeen the relevant actors and elaborates scenarios for a possible closure of ongoing debate about environmental indicators for buildings....

Justifying the Ivory Tower: Higher Education and State Economic Growth

Science.gov (United States)

Baldwin, J. Norman; McCracken, William A., III

2013-01-01

As the U.S. continues to embrace a comprehensive plan for economic recovery, this article investigates the validity of the claim that investing in higher education will help restore state economic growth and prosperity. It presents the findings from a study that indicates that the most consistent predictors of state economic growth related to…

THE INSTITUTIONAL BARRIERS’ IMPACT ON THE ECONOMIC GROWTH IN THE INTERNATIONAL ECONOMIC INTEGRATION

Directory of Open Access Journals (Sweden)

Iryna Prykhodko

2015-11-01

Full Text Available The purpose of the paper. In our study we try to assess the causality link between a number of the international economic integration politico-economic factors, institutions and basic production factors with the growth of the economy. We form a sample of 18 post-socialist countries, including Central and Eastern Europe (CEE countries-members the European Union, and the rest of CEE non-members countries and CIS countries, who have not acquired the membership in the EU, including Ukraine. The time period of our study is 23 years, starting from 1991 – the year of independence of Ukraine till 2013 – the last year for which statistics are published for our group of a corresponding list of indicators that make up our interest. In the estimating equation we use econometric analysis panel data by least squares method with fixed effects transformation to eliminate countries’ heterogeneity. In the study we use such determinant of the institutions quality as the Index of Economic Freedom (Heritage Foundation, and we investigate various components of the Index of Economic Freedom (freedom of ownership, freedom of trade, freedom from corruption, freedom of investment. We assume that institutions towards freedom of foreign trade and reducing corruption will have a greater effect on the economy of the investigated countries. It is advisable to attach to the international economic integration politico-economic factors the indicator of foreign trade taxation as a measure of tariff barriers, international aid programs of the foreign donors and the European institutions to assess their role for the economic growth of the countries surveyed, and we take into account the capital and the labor as the basic factors of production. Methodology. The methods of synthesis, logic, abstraction and analysis are used in the study. On a sample of 18 post-socialist countries (CEE and CIS for the period of 23 years (1991-2013 we had conducted the econometric panel analysis

Prevalence of carcass bruises as an indicator of welfare in beef cattle and the relation to the economic impact.

Science.gov (United States)

Huertas, Stella M; van Eerdenburg, Frank; Gil, Andrés; Piaggio, José

2015-07-01

The objective of this work was to characterize bruises in bovine carcasses in Uruguay and to evaluate the economic impact. Thirteen abattoirs were visited during 2 years and bruises were identified, classified, and quantified by zone and degree (depth and size). One hundred carcasses were separated and bruises were cut out and weighed separately. From a total of 15 157 carcasses observed, 60.0% had at least one bruise; 42.0% of these had bruises on both sides. The expensive butt zone was the most damaged, followed by rib, shoulder and loin, respectively. The mean weight and standard error of the condemned trimmed meat was 1602 ± 212 g. It suppose a loss of 899 g per animal slaugtered in Uruguay. In a country sending 2.5 million heads of cattle to be slaughter yearly, this indicates an important financial loss. Improving transport conditions and personnel skills will probably result in a better welfare for the animals as well as better financial profit.

Economic evaluation of coalbed methane production in China

International Nuclear Information System (INIS)

Luo Dongkun; Dai Youjin

2009-01-01

Roaring natural gas demand, energy security and environment protection concerns coupled with stringent emission reduction requirement have made China's abundant coalbed methane (CBM) resource an increasingly valuable energy source. However, not all of China's CBM resource is economic to develop under current technological condition and economic situation. In order to locate the CBM resource with economic viability to develop in China, economic evaluation of CBM production is conducted by applying net present value (NPV) method. The results indicate that more than half of CBM resource in China is economic to develop. It shows that CBM price, production rate and operating costs are the three major factors with most impact on the economic viability of the CBM development in target areas in China. The result also demonstrates that the economic limit production is roughly 1200 cubic meters per day. These economic evaluation results provide important information for both CBM companies and China government.

Health indicators 1991.

Science.gov (United States)

Dawson, N

1991-01-01

This is the second edition of a database developed by the Canadian Centre for Health Information (CCHI). It features 49 health indicators, under one cover containing the most recent data available from a variety of national surveys. This information may be used to establish health goals for the population and to offer objective measures of their success. The database can be accessed through CANSIM, Statistics Canada's socio-economic electronic database and retrieval system, or through a personal computer package which enables the user to retrieve and analyze the 1.2 million data points in the system.

The relationship between economic conditions and postpartum depression in Taiwan: a nationwide population-based study.

Science.gov (United States)

Chang, Fung-Wei; Lee, Wen-Ying; Liu, Yueh-Ping; Yang, Jing-Jung; Chen, Shu-Pin; Cheng, Kuan-Chen; Lin, Yan-Cen; Ho, Te-Wei; Chiu, Feng-Hsiang; Hsu, Ren-Jun; Liu, Jui-Ming

2016-11-01

Understanding mothers' economic conditions and postpartum depression (PPD) is important for determining how they will take care of themselves and their infants during the postnatal period, especially for low-income families. This study examined the relationship between economic conditions and PPD to elucidate the effect of economic contraction on PPD. Our population-based nationwide study used 2000-2013 the National Health Insurance Research Database of Taiwan. A total of 1240 newly diagnosed PPD patients were recruited. We used the database of the Directorate General of Budget, Accounting, and Statistics of Executive Yuan of Taiwan for national economic indicators. The correlation between economic indicators and PPD was examined. The PPD incidence was positively correlated with yearly unemployment rate, consumer price index, and gross domestic product. During the great recession of 2008-2009, PPD was positively correlated with inflation rate. Consumer price index had a positive correlation with PPD incidence per month when comparing PPD in 2010 with the economic indicators during the great recession. As this retrospective study evaluated macroeconomic indicators, it is unclear whether the macroeconomic indicators' effect on PPD totally reflects the effect of true personal economic status on PPD. There was a significant association between PPD and economic conditions. This study shows that mothers' familial environment plays an important role in the development of PPD. The impact of the worldwide economic downturn of the great recession on women is persistent. This useful finding may give health policy planners a hint of early discovering and dealing with PPD when worldwide economic downturn. Copyright © 2016 Elsevier B.V. All rights reserved.

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.

Health Economic Data in Reimbursement of New Medical Technologies: Importance of the Socio-Economic Burden as a Decision-Making Criterion.

Science.gov (United States)

Iskrov, Georgi; Dermendzhiev, Svetlan; Miteva-Katrandzhieva, Tsonka; Stefanov, Rumen

2016-01-01

Assessment and appraisal of new medical technologies require a balance between the interests of different stakeholders. Final decision should take into account the societal value of new therapies. This perspective paper discusses the socio-economic burden of disease as a specific reimbursement decision-making criterion and calls for the inclusion of it as a counterbalance to the cost-effectiveness and budget impact criteria. Socio-economic burden is a decision-making criterion, accounting for diseases, for which the assessed medical technology is indicated. This indicator is usually researched through cost-of-illness studies that systematically quantify the socio-economic burden of diseases on the individual and on the society. This is a very important consideration as it illustrates direct budgetary consequences of diseases in the health system and indirect costs associated with patient or carer productivity losses. By measuring and comparing the socio-economic burden of different diseases to society, health authorities and payers could benefit in optimizing priority setting and resource allocation. New medical technologies, especially innovative therapies, present an excellent case study for the inclusion of socio-economic burden in reimbursement decision-making. Assessment and appraisal have been greatly concentrated so far on cost-effectiveness and budget impact, marginalizing all other considerations. In this context, data on disease burden and inclusion of explicit criterion of socio-economic burden in reimbursement decision-making may be highly beneficial. Realizing the magnitude of the lost socio-economic contribution resulting from diseases in question could be a reasonable way for policy makers to accept a higher valuation of innovative therapies.

ECONOMIC AND SOCIAL IMPORTANCE OF TOURISM

OpenAIRE

Ștefan-Dragoș CÎRSTEA; Andreea CÎRSTEA

2015-01-01

Tourism is a sector with a significant share in the economies of many countries. There are nations whose GDP consists of 40% of the total contribution of tourism to this indicator. One such segment requires permanent research of its economic, social and sustainability dimensions and their importance. This study outlines an overview of the main aspects related to economic and social importance of tourism and how tourism relates to the concept of sustainable development. The total contribution ...

The impact of environmental policy on economic indicators. Moving from global to sectoral and regional perspectives

Energy Technology Data Exchange (ETDEWEB)

Voigt, Sebastian

2013-07-01

In recent times, environmental, energy and climate policies have gained tremendously in importance. Not least, this is due to the latest research findings related to climate change and the resulting growing environmental awareness among people. However, policy approaches to combat environmental pollution and climate change differ both in their intention and in their economic impacts. For instance, command-and-control instruments such as performance or technology standards have different implications than market-based mechanisms such as permit trading of greenhouse gas emissions. Furthermore, sectoral and regional characteristics play an important role when implementing and assessing policy measures. This applies both to the attainability of the targets and to the available instruments. The present doctoral thesis addresses this point and analyzes in several essays different policy instruments and their economic effects from global, regional and sectoral perspectives. In this respect, it deals with various, often very heterogeneous question: How are specific policy types implemented in different countries? What is the CO2 abatement potential in specific regions and sectors? What policy measures can be plausibly used to exploit this potential? How can technological developments and technology-directed policy interventions contribute to improve energy efficiency? Does the promotion of certain energy sources necessarily create positive production and employment effects? To answer these and further questions, different economic methods are applied that accommodate the particular problem, where special emphasis is put on computable general equilibrium modeling. The aim of this work is to contribute to the academic and political debate on measures to combat environmental and climate problems.

The impact of environmental policy on economic indicators. Moving from global to sectoral and regional perspectives

International Nuclear Information System (INIS)

Voigt, Sebastian

2013-01-01

In recent times, environmental, energy and climate policies have gained tremendously in importance. Not least, this is due to the latest research findings related to climate change and the resulting growing environmental awareness among people. However, policy approaches to combat environmental pollution and climate change differ both in their intention and in their economic impacts. For instance, command-and-control instruments such as performance or technology standards have different implications than market-based mechanisms such as permit trading of greenhouse gas emissions. Furthermore, sectoral and regional characteristics play an important role when implementing and assessing policy measures. This applies both to the attainability of the targets and to the available instruments. The present doctoral thesis addresses this point and analyzes in several essays different policy instruments and their economic effects from global, regional and sectoral perspectives. In this respect, it deals with various, often very heterogeneous question: How are specific policy types implemented in different countries? What is the CO2 abatement potential in specific regions and sectors? What policy measures can be plausibly used to exploit this potential? How can technological developments and technology-directed policy interventions contribute to improve energy efficiency? Does the promotion of certain energy sources necessarily create positive production and employment effects? To answer these and further questions, different economic methods are applied that accommodate the particular problem, where special emphasis is put on computable general equilibrium modeling. The aim of this work is to contribute to the academic and political debate on measures to combat environmental and climate problems.

INVESTIGATION OF FISCAL AND BUDGETARY POLICIES BASED ON ECONOMIC THEORIES

Directory of Open Access Journals (Sweden)

EMILIA CAMPEANU

2011-04-01

Full Text Available Empirical analysis of fiscal and budgetary policies cannot be achieved without first knowing how they are viewed in the economic theories. This approach is important to indicate the position and implications of fiscal and budgetary policy tools in the economic theory considering their major differences. Therefore, the paper aims is to investigate the fiscal and budgetary policies based on economic theories such as neoclassical, Keynesian and neo-Keynesian theory in order to indicate their divergent points. Once known these approaches at the economic theory level is easier to establish the appropriate measures taking into consideration the framing of a country economy in a certain pattern. This work was supported from the European Social Fund through Sectoral Operational Programme Human Resources Development 2007-2013, project number POSDRU/89/1.5/S/59184 „Performance and excellence in postdoctoral research in Romanian economics science domain” (contract no. 0501/01.11.2010.

Accessibility and socio-economic development of human settlements.

Science.gov (United States)

Hasan, Samiul; Wang, Xiaoming; Khoo, Yong Bing; Foliente, Greg

2017-01-01

Access to facilities, services and socio-economic opportunities plays a critical role in the growth and decline of cities and human settlements. Previous attempts to explain changes in socio-economic indicators by differences in accessibility have not been convincing as countries with highly developed transport infrastructure have only seen marginal benefits of infrastructure improvements. Australia offers an ideal case for investigating the effects of accessibility on development since it is seen as home to some of the most liveable cities in the world while, at the same time, it also has some of the most isolated settlements. We investigate herein the connectivity and accessibility of all 1814 human settlements (population centers exceeding 200 persons) in Australia, and how they relate to the socio-economic characteristics of, and opportunities in, each population center. Assuming population as a proxy indicator of available opportunities, we present a simple ranking metric for a settlement using the number of population and the distance required to access all other settlements (and the corresponding opportunities therein). We find a strikingly unequal distribution of access to opportunities in Australia, with a marked prominence of opportunities in capital cities in four of the eight states. The two largest cities of Sydney and Melbourne have a dominant position across all socio-economic indicators, compared to all the other cities. In general, we observe across all the settlements that a decrease in access to opportunities is associated with relatively greater socio-economic disadvantage including increased median age and unemployment rate and decreased median household income. Our methodology can be used to better understand the potential benefits of improved accessibility based on infrastructure development, especially for remote areas and for cities and towns with many socio-economically disadvantaged population.

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

Ecological economics and economic growth.

Science.gov (United States)

Victor, Peter A

2010-01-01

Boulding's 1966 paper on the economics of spaceship Earth established the framework for ecological economics and an understanding of economic growth. In ecological economics, economies are conceptualized as open subsystems of the closed biosphere and are subject to biophysical laws and constraints. Economic growth measured as an increase in real gross domestic product (GDP) has generally been associated with increases in the use of energy and materials and the generation of wastes. Scale, composition, and technology are the proximate determinants of environmental impacts. They are often reduced to two: scale (GDP) and intensity (impact per unit GDP). New work described in this paper defines "green" growth as intensity that declines faster than scale increases. Similarly, "brown" growth occurs when intensity declines more slowly than increases in scale, and "black" growth happens when both scale and intensity increase. These concepts are then related to the environmental Kuznets curve, which can be understood as a transition from brown to green growth. Ecological economics provides a macroperspective on economic growth. It offers broad policy principles, and it challenges the primacy of economic growth as a policy objective, but many important questions remain.

Economic uncertainty and its impact on the Croatian economy

Directory of Open Access Journals (Sweden)

Petar Soric

2017-12-01

Full Text Available The aim of this paper is to quantify institutional (political and fiscal and non-institutional uncertainty (economic policy uncertainty, Economists’ recession index, natural disasters-related uncertainty, and several disagreement measures. The stated indicators are based on articles from highly popular Croatian news portals, the repository of law amendments (Narodne novine, and Business and Consumer Surveys. We also introduce a composite uncertainty indicator, obtained by the principal components method. The analysis of a structural VAR model of the Croatian economy (both with fixed and time-varying parameters has showed that a vast part of the analysed indicators are significant predictors of economic activity. It is demonstrated that their impact on industrial production is the strongest in the onset of a crisis. On the other hand, the influence of fiscal uncertainty exhibits just the opposite tendencies. It strengthens with the intensification of economic activity, which partially exculpates the possible utilization of fiscal expansion as a counter-crisis tool.

What Drives Economic Growth in Some CEE Countries?

Directory of Open Access Journals (Sweden)

Simionescu Mihaela

2018-03-01

Full Text Available Considering the potential factors that might generate economic growth, a target for any economy, this paper identified some determinants of economic growth in the countries from Central and Eastern Europe (CEE countries that are member states of the European Union. The foreign direct investment was the most important determinant of economic growth in most of the countries (Bulgaria, Slovenia, Estonia, Hungary, Romania, Poland, Latvia, Lithuania in the period 2003-2016, according to Bayesian bridge regressions. The indicators related to the level and the quality of labour resources proved to be insignificant in explaining the economic growth in these countries. Moreover, in Croatia, Estonia, Latvia, Lithuania, and Poland, the government expenditure on education had a negative effect on economic growth.

Economic Inequalities and the Level of Decentralization in European Countries: Cluster Analysis

Directory of Open Access Journals (Sweden)

Laboutková Šárka

2016-12-01

Full Text Available This submitted article identifies relations between the degree of decentralization and economic imbalances on the basis of a cluster (exploratory analysis. Two indicators have been chosen for measuring economic inequalities: an indicator of dispersion of regional GDP per capita as representative of the performance imbalances within countries (it measures the economic development gap among regions in European countries; and a multidimensional inequality-adjusted human development index as representative of inequalities in the distribution of wealth in the countries. Decentralization is measured by means of a decentralization index, which contains both quantitative and qualitative components. Although groups of countries characterised by a high degree of decentralization do not necessarily show the lowest degrees of economic imbalances, it is however possible to conclude that the countries in groups with a higher degree of decentralization are among those countries with more favourable values of the economic imbalances indicators monitored. As a part of the research, two clusters of countries were identified which are identical in their degree of decentralization, but differ in the results connected with economic imbalances. The differences are caused by different institutional qualities in the two groups.

Economic management model of nuclear power plant research institute

International Nuclear Information System (INIS)

Schultz, O.

1993-01-01

Brief information about the development of economic management and processing of economic information in the Nuclear Power Plants Research Institute Trnava is given in the paper. The existing economic management model of the Institute impacts positively the fulfillment of economic indicators. When applying this model, activities of individual divisions are emphasized and presentation of the Institute as a global professional capacity is suppressed. With regards to this influence, it will be necessary to look for such system elements that will impact the integrity of the Institute in the future period positively

Relationship of suicide rates to economic variables in Europe

DEFF Research Database (Denmark)

Fountoulakis, Konstantinos N; Kawohl, Wolfram; Theodorakis, Pavlos N

2014-01-01

European countries and included the number of deaths by suicide in men and women, the unemployment rate, the gross domestic product (GDP) per capita, the annual economic growth rate and inflation. RESULTS: There was a strong correlation between suicide rates and all economic indices except GPD per capita...... in men but only a correlation with unemployment in women. However, the increase in suicide rates occurred several months before the economic crisis emerged. CONCLUSIONS: Overall, this study confirms a general relationship between the economic environment and suicide rates; however, it does not support...

The economic security of power plants

Directory of Open Access Journals (Sweden)

Niedziółka Dorota

2017-01-01

Full Text Available Currently, power plants in Poland have to work in a very uncomfortable situation. Unstable market conditions and frequent changes in the law may have serious adverse consequences for their economic security. Power plants play a very important role in the economy. The effectiveness of their performance affects the activity of all other businesses. Therefore, it is very important to provide a definition of economic security for the power plants’ sector and the factors determining its level. Maintaining economic security will allow energy generation companies to grow in a sustainable way as well as limit operational risk. A precise definition can also be used to create analytical tools for economic security measurement and monitoring. Proper usage of such tools can help energy generation companies sustain their economic security and properly plan their capital expenditures. The article focuses on the definition of economic security in the “micro” context of a separate business unit (enterprise. We also present an analytical model that measures economic security of a company engaged in the production of energy - a company of strategic importance for the national economy. The model uses macroeconomic variables, variables describing prices of raw material and legal / political stability in the country, as well as selected financial indicators. The appliance of conclusions resulting from the model’s implementation will help provide economic security for companies generating energy.

Economic performance indicators of wind energy based on wind speed stochastic modeling

International Nuclear Information System (INIS)

D’Amico, Guglielmo; Petroni, Filippo; Prattico, Flavio

2015-01-01

Highlights: • We propose a new and different wind energy production indicator. • We compute financial profitability of potential wind power sites. • The wind speed process is modeled as an indexed semi-Markov chain. • We check if the wind energy is a good investment with and without incentives. - Abstract: We propose the computation of different wind energy production indicators and financial profitability of potential wind power sites. The computation is performed by modeling the wind speed process as an indexed semi-Markov chain to predict and simulate the wind speed dynamics. We demonstrate that the indexed semi-Markov chain approach enables reproducing the indicators calculated on real data. Two different time horizons of 15 and 30 years are analyzed. In the first case we consider the government incentives on the energy price now present in Italy, while in the second case the incentives have not been taken into account

Socio-economic factors affecting the participation of women in ...

African Journals Online (AJOL)

Tools for the analyses were percentages and Chi-Square (χ2), used to test existence of relationships between level of participation and socio-economic characteristics of respondents, and correlation analysis, used to test cause-effect relationship between socio-economic variables and some indicators of cooperative ...

Socio-economic exposure to natural disasters

International Nuclear Information System (INIS)

Marin, Giovanni; Modica, Marco

2017-01-01

Even though the correct assessment of risks is a key aspect of the risk management analysis, we argue that limited effort has been devoted in the assessment of comprehensive measures of economic exposure at very low scale. For this reason, we aim at providing a series of suitable methodologies to provide a complete and detailed list of the exposure of economic activities to natural disasters. We use Input-Output models to provide information about several socio-economic variables, such as population density, employment density, firms' turnover and capital stock, that can be seen as direct and indirect socio-economic exposure to natural disasters. We then provide an application to the Italian context. These measures can be easily incorporated into risk assessment models to provide a clear picture of the disaster risk for local areas. - Highlights: • Ex ante assessment of economic exposure to disasters at very low geographical scale • Assessment of the cost of natural disasters in ex-post perspective • IO model and spatial autocorrelation to get information on socio-economic variables • Indicators supporting risk assessment and risk management models

Socio-economic exposure to natural disasters

Energy Technology Data Exchange (ETDEWEB)

Marin, Giovanni, E-mail: giovanni.marin@uniurb.it [Department of Economics, Society, Politics, University of Urbino ' Carlo Bo' , via Aurelio Saffi, 2, 61029 Urbino (Italy); IRCrES - CNR, Research Institute on Sustainable Economic Growth, Via Corti 12, 20133 - Milano (Italy); SEEDS, Ferrara (Italy); Modica, Marco, E-mail: marco.modica@ircres.cnr.it [IRCrES - CNR, Research Institute on Sustainable Economic Growth, Via Corti 12, 20133 - Milano (Italy); SEEDS, Ferrara (Italy)

2017-05-15

Even though the correct assessment of risks is a key aspect of the risk management analysis, we argue that limited effort has been devoted in the assessment of comprehensive measures of economic exposure at very low scale. For this reason, we aim at providing a series of suitable methodologies to provide a complete and detailed list of the exposure of economic activities to natural disasters. We use Input-Output models to provide information about several socio-economic variables, such as population density, employment density, firms' turnover and capital stock, that can be seen as direct and indirect socio-economic exposure to natural disasters. We then provide an application to the Italian context. These measures can be easily incorporated into risk assessment models to provide a clear picture of the disaster risk for local areas. - Highlights: • Ex ante assessment of economic exposure to disasters at very low geographical scale • Assessment of the cost of natural disasters in ex-post perspective • IO model and spatial autocorrelation to get information on socio-economic variables • Indicators supporting risk assessment and risk management models.

Unveiling consumer’s privacy paradox behaviour in an economic exchange

Science.gov (United States)

Li, Xiao-Bai

2015-01-01

Privacy paradox is of great interest to IS researchers and firms gathering personal information. It has been studied from social, behavioural, and economic perspectives independently. However, prior research has not examined the degrees of influence these perspectives contribute to the privacy paradox problem. We combine both economic and behavioural perspectives in our study of the privacy paradox with a price valuation of personal information through an economic experiment combined with a behavioural study on privacy paradox. Our goal is to reveal more insights on the privacy paradox through economic valuation on personal information. Results indicate that general privacy concerns or individual disclosure concerns do not have a significant influence on the price valuation of personal information. Instead, prior disclosure behaviour in specific scenario, like with healthcare providers or social networks, is a better indicator of consumer price valuations. PMID:27708687

THE IMPACT OF THE MANUFACTURING INDUSTRY ON THE ECONOMIC CYCLE OF EUROPEAN UNION COUNTRIES

Directory of Open Access Journals (Sweden)

Marcel Behun

2018-03-01

Full Text Available The manufacturing industry is a key sector in many national economies and is involved in creating sustainable economic growth. At the same time, it is a sector sensitive to internal and external impacts that result in fluctuations in the economic cycle, copying its development or even outstripping the development of economic cycles. The main objective of this contribution was to identify the relationship between manufacturing and GDP, which represents the economic cycle in European Union countries. The time series of selected indicators of the manufacturing industry and GDP from the Eurostat database for Q1 2000-Q4 2016 were used for analysis purposes. An analysis of 296 time series with a quarterly periodicity from 22 EU countries (including the United Kingdom was performed. The results of analyses indicate that the processing industry is a sector with significant cyclical behavior. In most countries, production and sales in the manufacturing industry behaved as concurrent indicators, changes in production and sales almost immediately reflected in the growth or decline in GDP. Labor market indicators have been shown to be delayed cyclical indicators. Changes in the economic development of the countries have a strong impact on employment, the remuneration of employees and the number of hours worked in the sector. Strong cyclical industries must be constantly monitored, as negative changes in these sectors will automatically exacerbate the economic cycle recession. The results of our analyses represent a valuable platform for economic policy makers and regional strategic plans.

Major indicators of analysis of insurers’ investment activity

Directory of Open Access Journals (Sweden)

O.O. Poplavskyi

2016-12-01

Full Text Available The article is devoted to topical issues of economic nature, selection and use of economic indicators in analysis of insurers’ investment activity. The author determines the main criteria of permissible investment activity, such as different assets covering the insurance reserves and share of various types of investments in assets and capital on the base of the results of summarizing recent public requirements of key banks to insurance companies in Ukraine. The recommendations of the insurers’ analysis approved by the regulatory bodies in Ukraine (the State Commission for Regulation of Financial Services Markets, Belarus (the Ministry of Finance and Poland (the Financial Supervision Authority are not left without author’s attention. According to the results of comparing using of different indicators, like the return on equity and investment, their strength and weaknesses are identified and the improving the scales of their assessment are proposed. The article singles out the main indicators which can be adapted to national features+ and used for management decisions and regulation of investment activities of insurers.

Economics of Convention and New Economic Sociology

DEFF Research Database (Denmark)

Jagd, Søren

2007-01-01

The aim of the article is to explore potential common themes in economic sociology and economics of conventions. The article explores two issues raised by economics of conventions that may be of particular importance to economic sociology. First, the explicit exploration of the consequences...... of a plurality of forms of justification, as elaborated in économie de la grandeur. This perspective was recently taken up in economic sociology by David Stark's introduction of the notion ‘sociology of worth'. The second issue, recently suggested by André Orléan, is the need to denaturalize economic theory...... and economic action to demonstrate the social constructed nature of economic action. It is argued that these two issues demonstrate that a fruitful dialogue is indeed possible between economic sociology and economics of convention and should be encouraged....

Unpaid work in health economic evaluations.

Science.gov (United States)

Krol, Marieke; Brouwer, Werner

2015-11-01

Given its societal importance, unpaid work should be included in economic evaluations of health care technology aiming to take a societal perspective. However, in practice this does not often appear to be the case. This paper provides an overview of the current place of unpaid work in economic evaluations in theory and in practice. It does so first by summarizing recommendations regarding the inclusion of unpaid labor reported in health economic textbooks and national guidelines for economic evaluations. In total, three prominent health economic text-books were studied and 28 national health economic guidelines. The paper, moreover, provides an overview of the instruments available to measure lost unpaid labor and reports on a review of the place of unpaid labor in applied economic evaluations in the area of rheumatoid arthritis. The review was conducted by examining methodology of evaluations published between 1 March 2008 and 1 March 2013. The results of this study show that little guidance is offered regarding the inclusion of unpaid labor in economic evaluations in textbooks and guidelines. The review identified five productivity costs instruments including questions about unpaid work and 33 economic evaluations of treatments for rheumatoid arthritis of which only one included unpaid work. The results indicate that unpaid work is rarely included in applied economic evaluations of treatments for rheumatoid arthritis, despite this disease expecting to be associated with lost unpaid work. Given the strong effects of certain diseases and treatments on the ability to perform unpaid work, unpaid work currently receives less attention in economic evaluations than it deserves. Copyright © 2015 Elsevier Ltd. All rights reserved.

Finding the economics in economic entomology.

Science.gov (United States)

Onstad, David W; Knolhoff, Lisa M

2009-02-01

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

Economic Citizenship and Socio-Economic Rationality as Foundations of an Appropriate Economic Education

Directory of Open Access Journals (Sweden)

Christoph Schank

2014-10-01

Full Text Available In this article we argue that social science education needs to convey more than operational mechanisms of society. Especially in socio-economic education, questions of business ethics, i.e. phenomena of economics and society need to be integrated and reflected, decidedly focusing on the moral content of economics. With the introduction of economic citizenship as the ideal economic actor to be the purpose of economic education, this paper proposes that economic education needs to connect economic expertise and moral judgment and should also allude to the necessity of every market action’s conditional legitimization by society. We propose to discuss different ‘sites’ of morality as a heuristic approach to the different areas of economic responsibility. The individual, organizational and political level of responsibility helps to categorize the different moral issues of economic activity and serves as a great pattern to explain economic relations to scholars and students.

Health economic data in reimbursement of new medical technologies: importance of the socio-economic burden as a decision-making criterion

Directory of Open Access Journals (Sweden)

Georgi Iskrov

2016-08-01

Full Text Available Background: Assessment and appraisal of new medical technologies require a balance between the interests of different stakeholders. Final decision should take into account the societal value of new therapies.Objective: This perspective paper discusses the socio-economic burden of disease as a specific reimbursement decision-making criterion and calls for the inclusion of it as a counterbalance to the cost-effectiveness and budget impact criteria.Results/Conclusions: Socio-economic burden is a decision-making criterion, accounting for diseases, for which the assessed medical technology is indicated. This indicator is usually researched through cost-of-illness studies that systematically quantify the socio-economic burden of diseases on the individual and on the society. This is a very important consideration as it illustrates direct budgetary consequences of diseases in the health system and indirect costs associated with patient or carer productivity losses. By measuring and comparing the socio-economic burden of different diseases to society, health authorities and payers could benefit in optimizing priority setting and resource allocation.New medical technologies, especially innovative therapies, present an excellent case study for the inclusion of socio-economic burden in reimbursement decision-making. Assessment and appraisal have been greatly concentrated so far on cost-effectiveness and budget impact, marginalizing all other considerations. In this context, data on disease burden and inclusion of explicit criterion of socio-economic burden in reimbursement decision-making may be highly beneficial. Realizing the magnitude of the lost socio-economic contribution resulting from diseases in question could be a reasonable way for policy makers to accept a higher valuation of innovative therapies.

Urbanization, Economic Development and Environmental Change

Directory of Open Access Journals (Sweden)

Shushu Li

2014-08-01

Full Text Available This paper applies the pressure-state-response (PSR model to establish environmental quality indices for 30 administrative regions in China from 2003 to 2011 and employs panel data analysis to study the relationships among the urbanization rate, economic development and environmental change. The results reveal a remarkable inverted-U-shaped relationship between the urbanization rate and changes in regional environmental quality; the “turning point” generally appears near an urbanization rate of 60%. In addition, the degree and mode of economic development have significant, but anisotropic effects on the regional environment. Generally, at a higher degree of economic development, the environment will tend to improve, but an extensive economic growth program that simply aims to increase GDP has a clear negative impact on the environment. Overall, the results of this paper not only further confirm the “environmental Kuznets curve hypothesis”, but also expand it in a manner. The analysis in this paper implies that the inverted-U-shaped evolving relationship between environmental quality and economic growth (urbanization is universally applicable.

The impact of the CO_2 separation system integration with a 900 MW_e power unit on its thermodynamic and economic indices

International Nuclear Information System (INIS)

Łukowicz, Henryk; Mroncz, Marcin

2015-01-01

This paper presents an analysis of the thermal cycle of a supercritical 900 MW_e condensing power plant which meets the “capture ready” requirements. The CO_2 separation method selected for the analysis is chemical absorption using MEA (monoethanolamine) or ammonia as sorbent. The indispensable scope of the turbine system upgrade necessitated by the incorporation of the carbon dioxide separation installation is proposed. The change in indices of the power unit operation after integration with the capture installation is presented for different variants of the retrofit. If MEA is used for carbon dioxide separation, the smallest drop in electric power can be observed in the case of hard coal for added stages at the intermediate pressure part outlet. In the case of lignite, the most favourable upgrade solution in terms of the smallest drop in electric power is elimination of one low pressure part and a backpressure turbine is added at the same time. If ammonia is used as sorbent, the best upgrade solution in terms of the smallest drop in electric power is the variant with more stages added at the IP part outlet, regardless of the type of fuel. An economic analysis is conducted for the proposed variants. - Highlights: • Impact of steam extraction on the turbine operation. • Adding more stages at the intermediate pressure part outlet. • Installing a backpressure turbine. • Eliminating one of the operating low pressure parts. • Economic assessment of proposed variants.

Food and nutrition security indicators: A review

OpenAIRE

Pangaribowo, Evita Hanie; Gerber, Nicolas; Torero, Maximo

2013-01-01

As the problems of food and nutrition insecurity are currently more complex, identifying and choosing relevant indicators is crucial. This paper identifies the need to go beyond the state-of-the-art because current FNS indicators do not account for the short-term economic shocks which have been identified as key factors for food and nutrition security. As the nature of food and nutrition security status is different between short- term and long-term causes, there is a need to differentiate be...

National-Level Wetland Policy Specificity and Goals Vary According to Political and Economic Indicators

Science.gov (United States)

Peimer, Alex W.; Krzywicka, Adrianna E.; Cohen, Dora B.; Van den Bosch, Kyle; Buxton, Valerie L.; Stevenson, Natalie A.; Matthews, Jeffrey W.

2017-01-01

Growing recognition of the importance of wetlands to human and ecosystem well-being has led countries worldwide to implement wetland protection policies. Different countries have taken different approaches to wetland protection by implementing various policies, including territorial exclusion, market-based offsetting, and incentive programs for land users. Our objective was to describe the relationship between components of national-level wetland protection policies and national characteristics, including natural resource, economic, social, and political factors. We compiled data on the wetland policies of all 193 countries recognized by the U.N. and described the relationships among wetland policy goals and wetland protection mechanisms using non-metric multidimensional scaling. The first non-metric multidimensional scaling axis strongly correlated with whether a country had a wetland-specific environmental policy in place. Adoption of a comprehensive, wetland-specific policy was positively associated with degree of democracy and a commitment to establishing protected areas. The second non-metric multidimensional scaling axis defined a continuum of policy goals and mechanisms by which wetlands are protected, with goals to protect wetland ecosystem services on one end of the spectrum and goals to protect biodiversity on the other. Goals for protecting ecosystem services were frequently cited in policy documents of countries with agriculture-based economies, whereas goals associated with wetland biodiversity tended to be associated with tourism-based economies. We argue that the components of a country's wetland policies reflect national-level resource and economic characteristics. Understanding the relationship between the type of wetland policy countries adopt and national-level characteristics is critical for international efforts to protect wetlands.

Optimal allocation of energy storage in a co-optimized electricity market: Benefits assessment and deriving indicators for economic storage ventures

International Nuclear Information System (INIS)

Krishnan, Venkat; Das, Trishna

2015-01-01

This paper presents a framework for optimally allocating storage technologies in a power system. This decision support tool helps in quantitatively answering the questions on “where to and how much to install” considering the profits from arbitrage opportunities in a co-optimized electricity market. The developed framework is illustrated on a modified IEEE (Institute of Electrical and Electronics Engineers) 24 bus RTS (Reliability Test System), and the framework finds the optimal allocation solution and the revenues storage earns at each of these locations. Bulk energy storage, CAES (compressed air energy storage) is used as the representative storage technology, and the benefits of optimally allocated storage integration onto the grid are compared with transmission expansion solution. The paper also discusses about system-level indicators to identify candidate locations for economical storage ventures, which are derived based on the optimal storage allocation solution; and applies the market price based storage venture indicators on MISO (Mid-continental Independent System Operator) and PJM (Pennsylvania-New Jersey-Maryland Interconnection) electricity markets. - Highlights: • Storage optimal allocation framework based on high-fidelity storage dispatch model. • Storage with transmission addresses energy and ancillary issues under high renewables. • Bulk storage earns higher revenues from co-optimization (∼10× energy only market). • Grid offers distributed opportunities for investing in a strategic mix of storage. • Storage opportunities depend on cross-arbitrage, as seen from MISO (Mid-continental Independent System Operator) and PJM (Pennsylvania-New Jersey-Maryland Interconnection) markets

Economic Sociology and Economics of Convention

DEFF Research Database (Denmark)

Jagd, Søren

This paper is part of a larger exploration of the French Economics of Convention tradition. The aim of the paper is to explore potential themes of common interest to economic sociology and Economics of Conventions. The paper is in two parts. First, I summarise the main theoretical features of EC...... the institutional framework of social action. Second, I explore two issues raised by economics of conventions that may be particularly important to consider for economic sociology. The first issue is the explicit exploration of the consequences of a plurality of forms of justification suggested by Luc Boltanski...... and Laurent Thévenot in ‘économie de la grandeur’. This perspective has already been taken up in economic sociology in David Stark’s notion of a ‘Sociology of Worth’. The second issue, recently suggested by André Orléan, is the need to denaturalise economic theory and economic action to demonstrate the social...

Political institutions and economic volatility

NARCIS (Netherlands)

Klomp, Jeroen; de Haan, Jakob

We examine the effect of political 'institutions' on economic growth volatility, using data from more than 100 countries over the period 1960 to 2005, taking into account various control variables as suggested in previous studies. Our indicator of volatility is the relative standard deviation of the

The economics of roadside bear viewing

Science.gov (United States)

Richardson, Leslie; Rosen, Tatjana; Gunther, Kerry; Schwartz, Chuck

2014-01-01

Viewing bears along roadside habitats is a popular recreational activity in certain national parks throughout the United States. However, safely managing visitors during traffic jams that result from this activity often requires the use of limited park resources. Using unique visitor survey data, this study quantifies economic values associated with roadside bear viewing in Yellowstone National Park, monetary values that could be used to determine whether this continued use of park resources is warranted on economic grounds. Based on visitor expenditure data and results of a contingent visitation question, it is estimated that summer Park visitation would decrease if bears were no longer allowed to stay along roadside habitats, resulting in a loss of 155 jobs in the local economy. Results from a nonmarket valuation survey question indicate that on average, visitors to Yellowstone National Park are willing to pay around $41 more in Park entrance fees to ensure that bears are allowed to remain along roads within the Park. Generalizing this value to the relevant population of visitors indicates that the economic benefits of allowing this wildlife viewing opportunity to continue could outweigh the costs of using additional resources to effectively manage these traffic jams.

Socio-Economic Determinants of International Migration

Directory of Open Access Journals (Sweden)

Yaroslav PRYTULA

2012-05-01

Full Text Available Since economic factors cannot fully explain the determinants of bilateral migration, this study explores the social and cultural determinants that influence an individual’s decision to migrate. Values, norms and interests in a given culture, may determine whether an individual’s intention to move translates into actual migration. Work values inherent in different cultures could explain why people move or do not move under the condition of perceived economic advantages of migration. A gravity type migration model is used to incorporate variables related both to economic indicators and work values. It is perhaps the first migration study to use the World Value Survey (WVS and the European Value Survey (EVS. We use 2000 stock bilateral migration dataset collected by the World Bank. Our findings indicate that if more aspects of work are valued in a country, this country sends more migrants. Also we show that countries with higher extrinsic work value orientation tend to send more migrants, while countries with higher intrinsic work value orientation tend to send fewer migrants. Our finding shows that the value of work and the level of job security in a country may significantly change migration decision.

Corruption, development and governance indicators predict invasive species risk from trade.

Science.gov (United States)

Brenton-Rule, Evan C; Barbieri, Rafael F; Lester, Philip J

2016-06-15

Invasive species have an enormous global impact, with international trade being the leading pathway for their introduction. Current multinational trade deals under negotiation will dramatically change trading partnerships and pathways. These changes have considerable potential to influence biological invasions and global biodiversity. Using a database of 47 328 interceptions spanning 10 years, we demonstrate how development and governance socio-economic indicators of trading partners can predict exotic species interceptions. For import pathways associated with vegetable material, a significantly higher risk of exotic species interceptions was associated with countries that are poorly regulated, have more forest cover and have surprisingly low corruption. Corruption and indicators such as political stability or adherence to rule of law were important in vehicle or timber import pathways. These results will be of considerable value to policy makers, primarily by shifting quarantine procedures to focus on countries of high risk based on their socio-economic status. Further, using New Zealand as an example, we demonstrate how a ninefold reduction in incursions could be achieved if socio-economic indicators were used to select trade partners. International trade deals that ignore governance and development indicators may facilitate introductions and biodiversity loss. Development and governance within countries clearly have biodiversity implications beyond borders. © 2016 The Author(s).

Goals, ways and the roots of our economic crisis

Directory of Open Access Journals (Sweden)

Bob Goudzwaard

2014-08-01

Full Text Available This article deals with the question if and how far religious points of view and messages of churches involved matter in the analysis of the roots of the present global economic crisis, and even more in the discussion about how to overcome the crisis itself. Economic experts such as Stiglitz point to the presence of factors such as greed, fear and utmost selfish behaviour. It inevitably leads to the ethical, but in fact also the religious question of how far people, especially economic agents, can go in the pursuit of their own economic interests without doing harm to others. Jesus asked his disciples to follow him: with Bonhoeffer, we could call that a Way-orientation. Where and how far can a conflict therefore arise between human goal-orientations, on the one hand, and a biblical Way-orientation, on the other hand? And is it indeed relevant when considering our present economic crisis? This article defends the last position, describing some categories (such as the choice of ultimate meaning, the sacro-sanctity of chosen instruments, and the demonisation of opponents which indicate that the borderline has been passed between responsible and irresponsible goal-orientations. The glorification of greed and the delegation of ultimate power to financial markets indicate that at this moment elements of idolatry (or the obedience to Mammon are at hand. They are also aggravating the present economic crisis. This implies that returning to the choice for decisive normative Way-orientations in economic life is possibly the only true way out of the present economic crisis.

French Economics of Convention and Economic Sociology

DEFF Research Database (Denmark)

Jagd, Søren

foundation of markets and of money may be an occasion for economic sociology to focus even more on elaborating on the institutional void created by traditional economic theory. A second point is that economic sociology could benefit from the perspective of a plurality of forms of coordination involved......The French Economics of convention tradition has developed to be an influential research tradition situated in the area between economics and sociology. The aim of the paper is to explore some of the themes that may be common to economics of conventions and economic sociology by looking more...... closely into three recent texts from the economics of convention tradition discussing, in slightly different ways, differences and similarities between economics of convention and economic sociology. It is argued that André Orléan’s point that a common aim could be to ‘denaturalise’ the institutional...

Socio-medical indicators of health in South Africa.

Science.gov (United States)

Jinabhai, C C; Coovadia, H M; Abdool-Karim, S S

1986-01-01

Socio-medical indicators developed by WHO for monitoring progress towards Health-for-All have been adapted to reveal, clearly and objectively, the devastating impact of state planning based on an outmoded immoral and unscientific philosophy of race superiority in South Africa on the health of the disenfranchised majority within the context of social and economic discrimination; Health policy indicators confirm that the government is committed to three options (Bantustans, A New Constitution, and A Health Services Facilities Plan) all of which are inconsistent with the attainment of Health-for-All; Social and economic indicators reveal gross disparities between African, Coloured, Indian, and White living and working conditions; Provision of health care indicators show the overwhelming dominance of high technology curative medical care consuming about 97 percent of the health budget with only minor shifts towards community-based comprehensive care; and Health status indicators illustrate the close nexus between privilege, dispossession and disease with Whites falling prey to health problems related to affluence and lifestyle, while Africans, Coloureds, and Indians suffer from disease due to poverty. All four categories of the indicator system reveal discrepancies which exist between Black and White, rich and poor, urban and rural. To achieve the social goal of Health-for-All requires a greater measure of political commitment from the state. We conclude that it is debatable whether a system which maintains race discrimination and exploitation can in fact be adapted to provide Health-for-All.

Integrated Ecological-Economic Modeling of Regions with the use of GIS Technologies

Directory of Open Access Journals (Sweden)

G.N. Bulatova

2017-11-01

Full Text Available The paper shows the process of modeling the integrated map “Scheme of the ecological and economic regionalization of the territory of the Russian Federation on the basis of the mineral and raw materials base of natural adsorbents” using GIS technologies. The map is based on three main groups of indicators: natural, economic and environmental. The ecological content of the map is characterized by indicators that are potential or actual sources of pollutant release into the environment (nuclear power plants, nuclear reactors, radioactive waste storage and disposal sites, nuclear test sites, industrial enterprises, railways, operating and under construction oil pipelines, hydrocarbon fields, etc.. The economic component of the map is the reserves estimated by the indicators of study and development, the relationship to the subsoil fund and forecast resources. The natural group of indicators is represented by the mineral and raw material base of natural adsorbents (fields and objects of forecast resources that can be used to prevent harmful emissions and for the ecological and economic rehabilitation of contaminated areas. Based on the analysis of cartographic data, the ecological and economic areas of the territorial distribution of man-caused environmental impacts and the presence of adsorption raw materials are identified. As an example, a description is given of the ecological and economic model of the regionalization of the Privolzhsky Federal District using the GIS “Mineral resource base of natural adsorbents of Russia” developed at the Federal State Unitary Enterprise TsNIIgeolnerud.

Corruption, Political Instability and Economic Development in the Economic Community of West African States (ECOWAS: Is There a Causal Relationship?

Directory of Open Access Journals (Sweden)

Nurudeen Abu

2015-04-01

Full Text Available Despite the abundant research on economic development, corruption and political instability, little research has attempted to examine whether there is a causal relationship among them. This paper examines the causal relationship among corruption, political instability and economic development in the ECOWAS using the Granger causality test within a multivariate cointegration and error-correction framework for the 1996-2012 period. The findings indicate that political instability Granger-causes economic development in the short term, while political instability and economic development Granger-cause corruption in the long term. In addition, we employed the forecast error variance decomposition and impulse response function analyses to investigate the dynamic interaction between the variables. The results demonstrate positive unidirectional Granger causality from political instability to economic development in the short term and positive unidirectional Granger causality from political instability and economic development to corruption in the long term in ECOWAS countries. Thus, ECOWAS governments should employ policies to promote political stability in the region.

Economic downturn results in tick-borne disease upsurge.

Science.gov (United States)

Godfrey, Elinor R; Randolph, Sarah E

2011-03-15

The emergence of zoonoses is due both to changes in human activities and to changes in their natural wildlife cycles. One of the most significant vector-borne zoonoses in Europe, tick-borne encephalitis (TBE), doubled in incidence in 1993, largely as a consequence of the socio-economic transition from communism to capitalism and associated environmental changes. To test the effect of the current economic recession, unemployment in 2009 and various socio-economic indices were compared to weather indices (derived from principal component analyses) as predictors for the change in TBE case numbers in 2009 relative to 2004-08, for 14 European countries. Greatest increases in TBE incidence occurred in Latvia, Lithuania and Poland (91, 79 and 45%, respectively). The weather was rejected as an explanatory variable. Indicators of high background levels of poverty, e.g. percent of household expenditure on food, were significant predictors. The increase in unemployment in 2009 relative to 2008 together with 'in-work risk of poverty' is the only case in which a multivariate model has a second significant term. Background socio-economic conditions determine susceptibility to risk of TBE, while increased unemployment triggered a sudden increase in risk. Mechanisms behind this result may include reduced resistance to infection through stress; reduced uptake of costly vaccination; and more exposure of people to infected ticks in their forest habitat as they make greater use of wild forest foods, especially in those countries, Lithuania and Poland, with major marketing opportunities in such products. Recognition of these risk factors could allow more effective protection through education and a vaccination programme targeted at the economically most vulnerable.

Economic downturn results in tick-borne disease upsurge

Directory of Open Access Journals (Sweden)

Randolph Sarah E

2011-03-01

Full Text Available Abstract Background The emergence of zoonoses is due both to changes in human activities and to changes in their natural wildlife cycles. One of the most significant vector-borne zoonoses in Europe, tick-borne encephalitis (TBE, doubled in incidence in 1993, largely as a consequence of the socio-economic transition from communism to capitalism and associated environmental changes. Methods To test the effect of the current economic recession, unemployment in 2009 and various socio-economic indices were compared to weather indices (derived from principal component analyses as predictors for the change in TBE case numbers in 2009 relative to 2004-08, for 14 European countries. Results Greatest increases in TBE incidence occurred in Latvia, Lithuania and Poland (91, 79 and 45%, respectively. The weather was rejected as an explanatory variable. Indicators of high background levels of poverty, e.g. percent of household expenditure on food, were significant predictors. The increase in unemployment in 2009 relative to 2008 together with 'in-work risk of poverty' is the only case in which a multivariate model has a second significant term. Conclusion Background socio-economic conditions determine susceptibility to risk of TBE, while increased unemployment triggered a sudden increase in risk. Mechanisms behind this result may include reduced resistance to infection through stress; reduced uptake of costly vaccination; and more exposure of people to infected ticks in their forest habitat as they make greater use of wild forest foods, especially in those countries, Lithuania and Poland, with major marketing opportunities in such products. Recognition of these risk factors could allow more effective protection through education and a vaccination programme targeted at the economically most vulnerable.

Corruption, Political Instability and Economic Development in the Economic Community of West African States (ECOWAS): Is There a Causal Relationship?

OpenAIRE

Nurudeen Abu; Mohd Zaini Abd Karim; Mukhriz Izraf Azman Aziz

2015-01-01

Despite the abundant research on economic development, corruption and political instability, little research has attempted to examine whether there is a causal relationship among them. This paper examines the causal relationship among corruption, political instability and economic development in the ECOWAS using the Granger causality test within a multivariate cointegration and error-correction framework for the 1996 - 2012 period. The findings indicate that political instability Granger-caus...

The Budget and Economic Outlook: 2015 to 2025

Science.gov (United States)

2015-01-01

Economic Indicators Sources: Congressional Budget Office; Bureau of Economic Analysis; Bureau of Labor Statistics; Federal Reserve . Notes: Real gross ...Health Care Fund (including TRICARE for Life). a. Gross spending, excluding the effects of Medicare premiums and other offsetting receipts. (Net Medicare...the gov- ernment from premiums paid by Medicare beneficiaries or from other offsetting receipts.) Under current law, CBO estimates, gross federal

A comparative study of the economic effectiveness of Polish manufacturers of mushroom compost

Directory of Open Access Journals (Sweden)

Krzysztof Łobos

2012-09-01

Full Text Available In this study the results of the economic efficiency of manufacturers of mushroom compost have been presented. The economic efficiency is operationalized in the following research by selected indicators of efficiency, rotation, and synthetic indicator Z. The main purpose of the study is an analysis of the economic efficiency of companies in the branch development prediction context. The study uses data from the Official Journal of the Republic of Poland “Monitor Polski B”.

Update of indicators for climate change mitigation in Greece

International Nuclear Information System (INIS)

Dimitroulopoulou, C.; Ziomas, I.

2011-01-01

This paper analyses the factors affecting greenhouse gas (GHG) emissions in Greece, (i.e. the drivers of pressures on climate change), using environmental indicators related to energy, demographics and economic growth. The analysis is based on the data of 2008 and considers types of fuel and sectors. The Kaya identity is used to identify the relationship between drivers and pressures, using annual time series data of National GHG emissions, population, energy consumption and gross domestic product. The analysis shows that over the period 2000-2008, GHG emissions show a slight variation, but they are almost stabilised, with a total increase of 1.6%. Despite the economic growth over that period, this stabilisation may be considered as a combination of reductions in the energy intensity of GDP and the carbon intensity of energy, which are affected by improvements in energy efficiency and introduction of 'cleaner' fuels, such as natural gas and renewables in the energy mixture of the country. - Highlights: → We analyse drivers affecting GHG emissions (pressures on climate) in Greece, using indicators. → Indicators relate to energy, demographics and economic growth. → Kaya identity identifies the relationship between drivers and pressures. → GHG emissions are almost stable due to reductions in energy intensity and carbon intensity of energy. → Improvements in energy efficiency and introduction of clean fuels in energy mix reduce emissions.

Can Early Childhood Interventions Decrease Inequality of Economic Opportunity?

Directory of Open Access Journals (Sweden)

Katherine Magnuson

2016-05-01

Full Text Available This paper considers whether expanding access to center-based early childhood education (ECE will reduce economic inequality later in life. A strong evidence base indicates that ECE is effective at improving young children's academic skills and human capital development. We review evidence that children from low-income families have lower rates of preschool enrollment than their more affluent peers. Our analysis indicates that increasing enrollments for preschoolers in the year before school entry is likely to be a worthy investment that will yield economic payoffs in the form of increased adult earnings. The benefits of even a moderately effective ECE program are likely to be sufficient to offset the costs of program expansion, and increased enrollment among low-income children may reduce later economic inequality.

Investigating Causality Between Agricultural and Economic Growth in Iran

Directory of Open Access Journals (Sweden)

A. Falsafian

2010-10-01

Full Text Available Although rate of economic growth is not the only way to measure economic development, it is relatively more important than the other indices. Agriculture sector plays the main role on economic growth and sustainable development. In addition, it has significant impact on most social, political and economic issues by producing strategic food products for ever-increasing population. Therefore, the present study investigated causal relationship between agricultural and economic growth in Iran. To this end, the Granjer’s causality test was used after employing the Augmented Dicky-Fuller test to see if the variables under consideration are stationary. The result showed that there is a long learn feedback relationship between these variables and agricultural developments.

HEALTH, EDUCATION AND ECONOMIC GROWTH IN MALAYSIA

OpenAIRE

Rahmah Ismaila and Doris Padmini Selvaratnamb

1999-01-01

Human capital is vital for the development of a country. Investment in human capital ranges from basic needs expenditure to education and health provision. Economic growth is often used to measure the progress and development of a country. Today other indicators are used to emphasize physical quality of life, for example, education, health and basic needs provision. Using a simultaneous equation model, this paper estimates the relationship between economic growth and human capital variables i...

Health economic evaluation in Greece.

Science.gov (United States)

Rovithis, Dimitrios

2006-01-01

There is a growing volume of literature on health economic evaluation, with this form of analysis becoming increasingly influential at the decision-making level worldwide. The purpose of this study was to review the current state of health economic evaluation in Greece, with a view to uncovering reasons why its use in this country is limited. A search of the NHS Economic Evaluation Database was undertaken. The search included cost, cost-of-illness, cost-minimization, cost-effectiveness, cost-consequences, cost-utility, and cost-benefit analyses and was narrowed only to Greek authors undertaking solo or joint health economic evaluation in Greece. The search revealed that, in Greece, very little health economic evaluation has been undertaken. The main reason for the lack of interest is that the current chaotic healthcare system structure and financing does not provide the appropriate incentives to stimulate a powerful interest in this type of research. This condition is a result of the lack of a long-term national health policy and the hesitation of the present and past Greek governments to date to proceed to large-scale reforms because of political considerations. The Greek governments have also been content with the good health indicators being achieved. Even if it is accepted that good health prevails in Greece, slower economic growth rates, an ageing population, and the continuous immigration will place increasing pressure on healthcare resources and will necessitate a more rational use of these resources. Health economic evaluation, by weighing benefits against costs, therefore, has an important role to play.

The Political Economy of Recent Economic Growth in India

OpenAIRE

Raghbendra Jha

2004-01-01

The political economy of India’s economic growth is an issue of abiding interest. Higher and sustained economic growth has, all over the world, been the surest and most time tested means of raising living standards and reducing poverty. Further, given that it is a functioning democracy, economic policy in India can often be dictated by political expediency as political parties indulge in competitive populism in the face of improvements in social indicators such as literacy, infant mortality a...

COST-EFFECTIVENESS ANALYSIS OF OUTSOURCING SERVICES IN REGARD TO Foreign ECONOMIC ACTIVITY OF ENTERPRISES

Directory of Open Access Journals (Sweden)

Evgenia Sergeevna Gracheva

2017-06-01

Full Text Available Despite enterprises, which render outsourcing services, appeared on the Russian services market with the beginning of market relations, there are not many researches that deal with competition and cost-effectiveness analyses of outsourcing services in regard to foreign economic activity. Economic integration of Russian business into international economic relations leads to complication of all national foreign economic complex and to the necessity of international economic infrastructure development. One of its most important parts are both services which deal with execution of support international economic operations (interpreting and translation services, transport services, customs services etc. and conducting foreign economic activity for client-enterprise (complex outsourcing FEA. Welcoming environment is formed nowadays for outsourcing business development in regard to foreign economic activity. It dictates the need for more thorough study of this type of business activity and development of indicators system for cost-effectiveness analysis of outsourcing in regard to foreign economic activity. Purpose – to define the complex outsourcing FEA, to develop the indicators system for cost-effectiveness analysis of outsourcing services in regard to foreign economic activity. Methodology: in article following scientific methods are used: functional method and statistical method. Results: is given authorial definition of complex outsourcing FEA, is developed the indicators system for cost-effectiveness analysis of outsourcing. Practical implications: the results of this research may be used by the businesses, which render outsourcing and intermediary services in regard to foreign economic activity.

Economics of ALMR deployment

International Nuclear Information System (INIS)

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

1994-01-01

The Advanced Liquid Metal Reactor (ALMR) has the potential to extend the economic life of the nuclear option and of reducing the number of high level waste repositories which will eventually be needed in an expanding nuclear economy. This paper reports on an analysis which models and evaluates the economics of the use of ALMRs 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) or from surplus weapons grade material. 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

Sustainability Indicators for Coupled Human-Earth Systems

Science.gov (United States)

Motesharrei, S.; Rivas, J. R.; Kalnay, E.

2014-12-01

Over the last two centuries, the Human System went from having a small impact on the Earth System (including the Climate System) to becoming dominant, because both population and per capita consumption have grown extremely fast, especially since about 1950. We therefore argue that Human System Models must be included into Earth System Models through bidirectional couplings with feedbacks. In particular, population should be modeled endogenously, rather than exogenously as done currently in most Integrated Assessment Models. The growth of the Human System threatens to overwhelm the Carrying Capacity of the Earth System, and may be leading to catastrophic climate change and collapse. We propose a set of Ecological and Economic "Sustainability Indicators" that can employ large data-sets for developing and assessing effective mitigation and adaptation policies. Using the Human and Nature Dynamical Model (HANDY) and Coupled Human-Climate-Water Model (COWA), we carry out experiments with this set of Sustainability Indicators and show that they are applicable to various coupled systems including Population, Climate, Water, Energy, Agriculture, and Economy. Impact of nonrenewable resources and fossil fuels could also be understood using these indicators. We demonstrate interconnections of Ecological and Economic Indicators. Coupled systems often include feedbacks and can thus display counterintuitive dynamics. This makes it difficult for even experts to see coming catastrophes from just the raw data for different variables. Sustainability Indicators boil down the raw data into a set of simple numbers that cross their sustainability thresholds with a large time-lag before variables enter their catastrophic regimes. Therefore, we argue that Sustainability Indicators constitute a powerful but simple set of tools that could be directly used for making policies for sustainability.

Measuring cross-border regional integration with composite indicators

DEFF Research Database (Denmark)

Makkonen, Teemu

2016-01-01

Earlier quantitative studies on cross-border regional integration processes have commonly neglected science, technology and innovation (STI) indicators: even the most notable example of a composite indicator approach to measuring cross-border regional integration, i.e. the Oresund index, lacks...... a sub-category for STI. Consequently, by ignoring cross-border innovation and knowledge flows, the Oresund integration index fails to take into account one of the most important drivers of economic growth in cross-border regions. Therefore, a new composite STI indicator (sub-category) was introduced......-border regions....

The Impact of Services on Economic Complexity: Service Sophistication as Route for Economic Growth.

Science.gov (United States)

Stojkoski, Viktor; Utkovski, Zoran; Kocarev, Ljupco

2016-01-01

Economic complexity reflects the amount of knowledge that is embedded in the productive structure of an economy. By combining tools from network science and econometrics, a robust and stable relationship between a country's productive structure and its economic growth has been established. Here we report that not only goods but also services are important for predicting the rate at which countries will grow. By adopting a terminology which classifies manufactured goods and delivered services as products, we investigate the influence of services on the country's productive structure. In particular, we provide evidence that complexity indices for services are in general higher than those for goods, which is reflected in a general tendency to rank countries with developed service sector higher than countries with economy centred on manufacturing of goods. By focusing on country dynamics based on experimental data, we investigate the impact of services on the economic complexity of countries measured in the product space (consisting of both goods and services). Importantly, we show that diversification of service exports and its sophistication can provide an additional route for economic growth in both developing and developed countries.

Increasing Impact of Economic Conditions upon Higher Education Enrollments.

Science.gov (United States)

Rusk, James J.; And Others

1982-01-01

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

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.

Economic Viability and Marketing Strategies of Periwinkle ...

African Journals Online (AJOL)

Economic Viability and Marketing Strategies of Periwinkle Tympanotonus Fuscatus in Rivers State, Nigeria. ... The results indicated that marketing strategies are enroute, through harvesters (collectors), ... EMAIL FULL TEXT EMAIL FULL TEXT

Currency System and Its Impact on Economic Stability

Directory of Open Access Journals (Sweden)

Desmadi Saharuddin

2017-05-01

Full Text Available A number of economic problems that occurred during the power of Mamluk (1250-1517 AD was considered as a result of the change to currency system, namely from the system of commodity-based money (gold and silver into paper-based money (fiat. Instability prices, decrease of trading activities, high of unemployment number were a number of economic indicators that occurred at that time. This issue of macro-economy was considered as a result of changes in the money system. This study analyzes the dynamic relationship between the price of gold as a representation of commodity money system and M2 as a representation of fiat money against the stability of economic indicators such as inflation, economic growth, stock prices, and unemployment and interest rates. This study found that both systems not vary significantly against each other in its influence on macroeconomic variables. It means that the two systems do not have contrast distinction. Indeed, it was found that the commodity-based money system is not free of inflation, as propagated by the supporters of the dinar and dirham (dinarist. DOI: 10.15408/aiq.v9i2.4749

Large scale hydro-economic modelling for policy support

Science.gov (United States)

de Roo, Ad; Burek, Peter; Bouraoui, Faycal; Reynaud, Arnaud; Udias, Angel; Pistocchi, Alberto; Lanzanova, Denis; Trichakis, Ioannis; Beck, Hylke; Bernhard, Jeroen

2014-05-01

To support European Union water policy making and policy monitoring, a hydro-economic modelling environment has been developed to assess optimum combinations of water retention measures, water savings measures, and nutrient reduction measures for continental Europe. This modelling environment consists of linking the agricultural CAPRI model, the LUMP land use model, the LISFLOOD water quantity model, the EPIC water quality model, the LISQUAL combined water quantity, quality and hydro-economic model, and a multi-criteria optimisation routine. With this modelling environment, river basin scale simulations are carried out to assess the effects of water-retention measures, water-saving measures, and nutrient-reduction measures on several hydro-chemical indicators, such as the Water Exploitation Index (WEI), Nitrate and Phosphate concentrations in rivers, the 50-year return period river discharge as an indicator for flooding, and economic losses due to water scarcity for the agricultural sector, the manufacturing-industry sector, the energy-production sector and the domestic sector, as well as the economic loss due to flood damage. Recently, this model environment is being extended with a groundwater model to evaluate the effects of measures on the average groundwater table and available resources. Also, water allocation rules are addressed, while having environmental flow included as a minimum requirement for the environment. Economic functions are currently being updated as well. Recent development and examples will be shown and discussed, as well as open challenges.

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

International Nuclear Information System (INIS)

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

2017-01-01

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

Economic Growth and the Environment. An empirical analysis

Energy Technology Data Exchange (ETDEWEB)

De Bruyn, S.M.

1999-12-21

A number of economists have claimed that economic growth benefits environmental quality as it raises political support and financial means for environmental policy measures. Since the early 1990s this view has increasingly been supported by empirical evidence that has challenged the traditional belief held by environmentalists that economic growth degrades the environment. This study investigates the relationship between economic growth and environmental quality and elaborates the question whether economic growth can be combined with a reduced demand for natural resources. Various hypotheses on this relationship are described and empirically tested for a number of indicators of environmental pressure. The outcome of the tests advocates the use of alternative models for estimation that alter conclusions about the relationship between economic growth and the environment and give insight into the driving forces of emission reduction in developed economies. refs.

Perspectives on the economic risks of LWR accidents

International Nuclear Information System (INIS)

Ritchie, L.T.; Burke, R.P.

1986-01-01

Models which can be used for the analysis of the economic risks from events which may occur during LWR operation have been developed. The models include capabilities to estimate both onsite and offsite costs of LWR events ranging from routine plant forced outages to severe core-melt accidents resulting in large releases of radioactive material to the environment. The economic consequence models have been applied in studies of the economic risks from the operation of US LWR plants. The results of the analyses provide some important perspectives regarding the economic risks of LWR accidents. The analyses indicate that economic risks, in contrast to public health risks, are dominated by the onsite costs of relatively high-frequency forced outage events. Even for severe (e.g., core-melt) accidents, expected offsite costs are less than expected onsite costs for a typical US plant

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

The role of government spending on economic growth in a developing country

Directory of Open Access Journals (Sweden)

M.F. Oladele

2017-05-01

Full Text Available The issue of whether government expenditure helps or hinders economic growth is still debatable. This study examines the contribution of government spending towards economic growth in South Africa using annual data from 1980 – 2014. The cointegration approach and Vector Error Correction Model were used to analyse the data. The cointegration test results indicate that there is long run relationship between government expenditure and economic growth in South Africa. The VECM outcome indicates a positive and significant link between economic growth and expenditure on the long run. There is a positive and significant relationship between exchange rate and economic growth and a significant and negative relationship between economic growth and private consumption. Based on these findings, the correlation between government expenditure and economic growth showed that there is positive relationship on the long run in South Africa, while there is a negative and significant relationship between government spending and economic growth on the short run. More spending should therefore be directed towards important sectors such as infrastructural development and industrial development in order to accelerate economic growth. There is also a need for fiscal policy to be used as an instrument to regulate the amount of money in the economy.

Public Debt and Economic Growth in Malaysia

OpenAIRE

Siew-Peng Lee; Yan-Ling Ng

2015-01-01

Public debt in the Malaysia increased because of fiscal expansions. This study examines whether public debt contributed to the economic growth in Malaysia over the period 1991 to 2013. It also examines whether other indicators of debt burden, such as budget deficit, budget expenditure, and external debt service and government consumption, have an impact on economic growth. The results of this study are consistent with the existing literature that found a negative association between diet and ...

Impact of inflation on the macroeconomic indicators in transition economies

Directory of Open Access Journals (Sweden)

Ranković Marko

2012-06-01

Full Text Available This paper is dealing with treats of inflation in times of world financial turmoil. It examines how inflation is impacting macroeconomic factors. Is there relationship and how strong it is between inflation and economic growth, unemployment rate and other selected economic indicators? Motivated by these questions, this paper examines the relationship between inflation and selected macroeconomic indicators: real GDP annual growth rate, privatization revenues, as part of the GDP, level of investments, unemployment rate and share of assets of foreign banks in domestic bank system by using data for 13 transition economies over the period 1993-2008. The evidence strongly supports the view that the relationship between inflation and selected macroeconomic indicators is significantly and strongly negative, observed for the region. However, for small number countries in transition there is no direct significant relationship between inflation, but indirect relationship has been showed.

Assessing plant protection practices using pressure indicator and toxicity risk indicators: analysis of therelationship between these indicators for improved risk management, application in viticulture.

Science.gov (United States)

Oussama, Mghirbi; Kamel, Ellefi; Philippe, Le Grusse; Elisabeth, Mandart; Jacques, Fabre; Habiba, Ayadi; Jean-Paul, Bord

2015-06-01

The excessive use of plant protection products (PPPs) has given rise to issues of public and environmental health because of their toxicity. Reducing the use of toxic PPPs and replacing them with products that are less toxic for human health and the environment have become socially, environmentally and economically indispensable. In this article, we assess the plant protection practices of a small group of winegrowers practicing "integrated agriculture" in the south of France, in order to measure the benefit of using toxicity risk indicators as a decision-support tool for different players in land management. An analysis of plant protection practices using indicators of the risk to operator health and the environment (IRSA, IRTE), together with a frequency-of-treatment indicator (TFI), enabled us to (i) show the variability of these indicators depending on the production system and farmers' pesticide use strategies and (ii) calculate correlations between these indicators. This analysis of plant protection practices at different scales (farm, field), carried out in collaboration with the growers, enabled us to perform an initial validation of decision-support tools for determining risk management strategies regarding the use of pesticides.

The Price Evolution in the Context of Economic Crisis

Directory of Open Access Journals (Sweden)

Doriana Andreea Rămescu

2017-03-01

Full Text Available The economic crisis is a negative macroeconomic phenomenon with consequences both at European Union level and worldwide. The main objective of this paper is to analyse the variation of price levels in Romania, during the economic crisis until the end of 2015, compared with the Member States of the European Union and the countries of the European Free Trade Association. For this research, information provided by EUROSTAT was used, such as price level indices for actual individual consumption per capita, and for different goods and services, calculated based on purchasing power parity. The aim is to identify solutions to rising living standards, compared with more developed countries of the European Union. This paper presents possible solutions for avoiding a future economic crisis, caused by overconsumption. The paper is divided into four sections: introduction, part two which presents aspects of the economic crisis in Romania and in the European Union, the third part presents price level indices for different products and services in 2015, and the last part, the conclusions of the research.

Corruption in Public Procurement: Finding the Right Indicators

NARCIS (Netherlands)

Ferwerda, J.; Deleanu, I.S.; Unger, B.

2017-01-01

Red flags are widely used to minimize the risk of various forms of economic misconduct, among which corruption in public procurement. Drawing on criminal investigations, the literature has developed several indicators of corruption in public procurements and has put them forward as viable risk

Corruption in Public Procurement : Finding the Right Indicators

NARCIS (Netherlands)

Ferwerda, Joras; Deleanu, Ioana; Unger, Brigitte

2017-01-01

Red flags are widely used to minimize the risk of various forms of economic misconduct, among which corruption in public procurement. Drawing on criminal investigations, the literature has developed several indicators of corruption in public procurements and has put them forward as viable risk

Genetic Algorithms vs. Artificial Neural Networks in Economic Forecasting Process

Directory of Open Access Journals (Sweden)

Nicolae Morariu

2008-01-01

Full Text Available This paper aims to describe the implementa-tion of a neural network and a genetic algorithm system in order to forecast certain economic indicators of a free market economy. In a free market economy forecasting process precedes the economic planning (a management function, providing important information for the result of the last process. Forecasting represents a starting point in setting of target for a firm, an organization or even a branch of the economy. Thus, the forecasting method used can influence in a significant mode the evolution of an entity. In the following we will describe the forecasting of an economic indicator using two intelligent systems. The difference between the results obtained by this two systems are described in chapter IV.

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)

Foreign direct investment and economic growth in developing ...

African Journals Online (AJOL)

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

Economic sustainability of palm oil plantations among smallholders ...

African Journals Online (AJOL)

This study examines the economic sustainability indicators of oil palm smallholders in Lahad Datu, Sabah. A survey based on a set of questionnaires with 58 smallholder respondents were carried out. The findings indicated that majority smallholders have income above the poverty income level,, The income earned by the ...

Econometric Models for Forecasting of Macroeconomic Indices

Science.gov (United States)

Sukhanova, Elena I.; Shirnaeva, Svetlana Y.; Mokronosov, Aleksandr G.

2016-01-01

The urgency of the research topic was stipulated by the necessity to carry out an effective controlled process by the economic system which can hardly be imagined without indices forecasting characteristic of this system. An econometric model is a safe tool of forecasting which makes it possible to take into consideration the trend of indices…

Applied evolutionary economics and economic geography

OpenAIRE

Peter Sunley

2008-01-01

Applied Evolutionary Economics and Economic Geography aims to further advance empirical methodologies in evolutionary economics, with a special emphasis on geography and firm location. It does so by bringing together a select group of leading scholars including economists, geographers and sociologists, all of whom share an interest in explaining the uneven distribution of economic activities in space and the historical processes that have produced these patterns.

Impact of employment instability on socio-economic position of employees

Directory of Open Access Journals (Sweden)

Vyacheslav Nikolaevich Bobkov

2013-12-01

Full Text Available The subject of the article is the relationships in labor utilization. The article analyzes the impact of employment instability on the socio-economic situation of employees in Russia. Questions revealing the concept content of employment instability, its real forms and socio-economic consequences for employees are considered. Methods of statistical and sociological data analysis are applied. Indicators to measure the scope and level of employment instability of employees are calculated. The dynamics in the time of the size of employment instability in Russia are analyzed. The obtained results can be applied within national economic and social policy. The findings indicate that employment instability is high, and it threatens socio-economic position of the great number of employees in Russia. It is argued that, in these conditions, the most appropriate in the fight against the spread of employment instability are the set of government initiatives, proactive position of the Russian society and the expansion of societal forms of control over the government.

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

Economic accounting of water: The Botswana experience

Science.gov (United States)

Setlhogile, T.; Arntzen, J.; Pule, O. B.

2017-08-01

Water accounts aim to capture the value of water resources and their use within the economy. The accounts complement the National Accounts as the latter's main indicator (GDP) does not reflect changes in natural capital. Botswana developed water accounts for the period 2010/11-2014/15 using the UN's standard System of Environmental Economic Accounting for water (SEEA-water). The article focuses both on the construction of physical flow accounts as well as on the policy implications for development planning and water resource management through the use of policy indicators. It also shows long-term trends in water abstraction and water use efficiency linking the SEEA water accounts with results of earlier (non-SEEA) water accounting projects in Botswana. The water accounts results show that water abstraction and consumption have been largely stable since 2010/11 despite population (1.9% p.a.) and economic growth (around 5% p.a.) likely due to a combination of water sector reforms and drought conditions in south eastern Botswana; the latter led to the drying up of several dams and the imposition of severe water restrictions. While public attention focuses mostly on water service providers, self-providers (mines and the agricultural sector) account for more than 50% of total water abstracted from the environment of water, demonstrating the need to pay more attention to self-providers in IWRM implementation. Water consumption is highest for the agricultural sector (70.2 Mm3) followed by households and mines at 41.2 and 39 Mm3 respectively in 2014/15. In terms of water use efficiency, value added per m3 has increased in time, showing (some) decoupling of water consumption and economic growth. This positive trend needs to be enhanced in the pursuit of economic diversification, which should focus on growth of water-efficient economic sectors. Finally, per capita water consumption has decreased over time; while this may indicate that people conserve water, it may also point

Economic and ecological advantages of innovative project implementation at woodworking industry

Directory of Open Access Journals (Sweden)

Irina N. Yepifanova

2015-03-01

Full Text Available Orientation to innovative development involves the strategic focus onto manufacturing high-tech products in the priority sectors of the economy. Implementation of innovative projects aimed at reducing the energy component in overall costs of enterprise is demanded and necessary. The aim of the research is to prove the economic and ecological benefits of using at domestic wood industry enterprises the wood pellets as an alternative biofuel. The main economic indicators of the project for the pellets production presented indicate the expenses-to-profits ratio; studied is the cost of season heating in Ukraine of 1000 m2 with both traditional and alternative fuels. Noted is that the use of pellets as ecological biofuel is more economical in comparison with electricity and gas. Exposed are the economic benefits of the pellet boiler heating by different fuels.

STATISTICAL EVALUATION OF THE IMPACT OF ECONOMIC FACTORS ON SOCIO-DEMOGRAPHICS OF THE COUNTRY

Directory of Open Access Journals (Sweden)

O. Evseenko

2014-04-01

Full Text Available In theory made a case the necessity of modeling economic and demographic indicators. The influences of economic, social and environmental indicators on social and demographic factors of development country are researeched. Given statistical evaluation of relationships based on correlation and regression analysis method.

Advancing life cycle economics in the Nordic countries

DEFF Research Database (Denmark)

Haugbølle, Kim; Hansen, Ernst Jan de Place

2005-01-01

Advancing construction and facilities management requires the ability to estimate and evaluate the economic consequences of decisions in a lifetime perspective. A survey of state-of-the-art on life cycle economics in the Nordic countries showed that, despite a number of similarities, no strong...... that the configuration of the roles as client, owner and user is indicative of a client's interest in life cycle economics. Second, a proposal for a common Nordic cost classification was put forward. Third, it was argued that there is a strong need to develop tools and methodologies to depict the cost/value ratio...

Romanian SMEs During the Crisis: Economic Results and Perceptions

Directory of Open Access Journals (Sweden)

Ciprian Nicolescu

2013-01-01

Full Text Available The paper looks at how SMEs from Romania evolved in the period2004–2011. The main objective of the paper is to compare SMEs’situation before the start of the economic crisis and during theperiod of the crisis. The examination is done from a dynamic perspectiveand the analysis comprises two aspects: (a the evolutionof a number of economic indicators related to Romanian SMEs’in the studied period and (b the opinions and the perceptions ofSMEs about the impact of the economic crisis on their activity. Thepaper advances proposals of possible strategies to help SMEs bettercope with the on-going economic crisis.

The formation and economic impact of perceptions of risk surrounding nuclear facilities

International Nuclear Information System (INIS)

Allison, T.; Calzonetti, F.; Hunter, S.

1993-01-01

This paper summarizes the results of an investigation of factors determining the nature of risk perceptions associated with eleven nuclear facilities and their impact on local economic development. The paper indicates that the nature of risk perceptions depends primarily on the level of communication by plant officials within the local community, the track record of the facility operator, the process through which community and state officials receive information and form opinions, and the level of economic links each facility has with the local community. The research indicates that adverse risk perceptions have not affected economic development

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

Science.gov (United States)

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

2011-12-01

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

The economic impact of environmentally sustainable transport in Germany

International Nuclear Information System (INIS)

Schade, B.; Rothengatter, W.

2004-01-01

The economic assessment of the Environmentally Sustainable Transportation (EST) scenarios developed throughout this paper are part of Phase 3 of the overall project, which is on social and economic assessment and on devising packages of instruments that - if implemented - would result in attaining EST. Two methods were chosen for the assessment of the scenarios: a qualitative evaluation based on a simplified cybernetic model (SCM) and a system dynamics model (SDM). In the assessment with the simplified cybernetic model, a conservative baseline has been chosen in order to start with a scenario that incorporates some pessimistic views of the industry. The aim is to show that, even in this case, an economic disaster will not occur. The System Dynamics Model ESCOT was designed to consider the ecological and technical aspects of a transition towards sustainable transportation. It is important that ESCOT considers not only first round effects but also secondary effects, which makes it a powerful instrument for the assessment of such large ecological changes. The economic assessment of environmentally sustainable scenarios shows that the departure from car and road freight oriented transport policy is far from leading to an economic collapse. The effects concerning economic indices are rather low, even though the measures proposed in the EST-80% scenario designate distinct changes compared to today's transport policy. The impacts on some economic indicators, however, are clearly negative. With an expansion of the time period for the transition in the EST-50% scenario we derived even more encouraging results than for EST-80%

ECONOMIC POTENTIALS OF FISH MARKETING AND WOMEN ...

African Journals Online (AJOL)

AKINYEMISI

efficiency greater than one which indicated profitability of the enterprise and further showed the potential of fish marketing contribution to women's economic empowerment. The regression results showed that the variables which positively and.

Generality in nanotechnologies and its relationship to economic performance

Science.gov (United States)

Gomez Baquero, Fernando

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

Trade Liberalisation and Economic Growth in Macedonia

Directory of Open Access Journals (Sweden)

Mano-Bakalinov Viktorija

2016-12-01

Full Text Available The objective of this paper is to explore the effects of trade on Macedonian economic growth. The autoregressive distributed lag (ARDL model is applied on yearly data over the period of 1993-2014. Empirical investigation reveals that an increase of population and openness demonstrate a positive and significant effect on Macedonian economic growth. Given other diverging findings, this suggests that the relationship between trade reforms and growth through the productivity function may vary across transition economies. Nevertheless, the findings of this paper indicate that policies focusing on market liberalisation and opening the economy to trade have a positive effect on Macedonian economic growth, both in the short run and the long run.

Canadian environmental sustainability indicators: highlights 2005

International Nuclear Information System (INIS)

2005-12-01

Canadians' health and their social and economic well-being are fundamentally linked to the quality of their environment. Recognizing this, in 2004 the Government of Canada committed to establishing national indicators of freshwater quality, air quality and greenhouse gas emissions. The goal of these new indicators is to provide Canadians with more regular and reliable information on the state of their environment and how it is linked with human activity. Canadians need clearly defined environmental indicators - measuring sticks that can track the results that have been achieved through the efforts of governments, industries and individuals to protect and improve the environment. Environment Canada, Statistics Canada and Health Canada are working together to further develop and communicate these indicators. Reflecting the joint responsibility for environmental management in Canada, this effort has benefited from the cooperation and input of the provinces and territories. The indicators are: air quality; greenhouse gas emissions; and, freshwater quality. Air quality tracks Canadians' exposure to ground-level ozone - a key component of smog. The indicator measures one of the most common, harmful air pollutants to which people are exposed. The use of the seasonal average of ozone concentrations reflects the potential for long-term health effects. Greenhouse gas emissions tracks the annual releases of the six greenhouse gases that are the major contributors to climate change. The indicator comes directly from the greenhouse gas inventory report prepared by Environment Canada for the United Nations Framework Convention on Climate Change (UNFCCC) and the Kyoto Protocol. The data are widely used to report on progress toward Canada's Kyoto target for reduced emissions. Freshwater quality reports the status of surface water quality at selected monitoring sites across the country. For this first report, the focus of the indicator is on the protection of aquatic life, such as

The economic impact of the Volksblad Arts Festival

Directory of Open Access Journals (Sweden)

A. J. Strydom

2006-12-01

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

Effects of Greenhouse Gas Emissions on World Agriculture, Food Consumption, and Economic Welfare

International Nuclear Information System (INIS)

Darwin, R.

2004-01-01

Because of many uncertainties, quantitative estimates of agriculturally related economic impacts of greenhouse gas emissions are often given low confidence. A major source of uncertainty is our inability to accurately project future changes in economic activity, emissions, and climate. This paper focuses on two issues. First, to what extent do variable projections of climate generate uncertainty in agriculturally related economic impacts? Second, to what extent do agriculturally related economic impacts of greenhouse gas emissions depend on economic conditions at the time of impacts? Results indicate that uncertainty due to variable projections of climate is fairly large for most of the economic effects evaluated in this analysis. Results also indicate that economic conditions at the time of impact influence the direction and size of as well as the confidence in the economic effects of identical projections of greenhouse gas impacts. The economic variable that behaves most consistently in this analysis is world crop production. Increases in mean global temperature, for example, cause world crop production to decrease on average under both 1990 and improved economic conditions and in both instances the confidence with respect to variable projections of climate is medium (e.g., 67%) or greater. In addition and as expected, CO2 fertilization causes world crop production to increase on average under 1990 and improved economic conditions. These results suggest that crop production may be a fairly robust indicator of the potential impacts of greenhouse gas emissions. A somewhat unexpected finding is that improved economic conditions are not necessarily a panacea to potential greenhouse-gas-induced damages, particularly at the region level. In fact, in some regions, impacts of climate change or CO2 fertilization that are beneficial under current economic conditions may be detrimental under improved economic conditions (relative to the new economic base). Australia plus

Knowledge gaps in economic analyses of advanced reactor concepts

International Nuclear Information System (INIS)

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

2014-01-01

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

Economic system as the basic object of study in the general educational institutions

Directory of Open Access Journals (Sweden)

Михаил Бурла

2017-09-01

Full Text Available This article analyzes the prevailing practice of studying the economies at different levels in schools of Moldova, Russia and Ukraine. The main attention is paid to the development of methods of studying modern conceptual device that describes the nature, composition, structure and parameters of economic systems in educational institutions. In modern textbooks that are currently used in general education institutions there are some basic concepts and indicators, which allow to fully understand the world economy, economy of states and regions. There are such categories as “economic system”, “model of the economy”, “structure of the economy”, “the branch of the economy”, “sphere of economy”, “sector of economy”. The analysis of school textbooks on geography and other subjects indicates the need for detailed assimilation of information concerning systems, their types, composition, structure and functions. The study of economic and social geography should be paid main attention to the economic system. This article presents the author’s version of the “economic system” concept’s interpretation with all its constituent elements, reveals the functions of economic systems, the types of economic products and services produced by them, examines the levels from global to local ones with specific examples. Various types of economic structures are shown: 1 sectoral, reflecting the relationship between industries; 2 interbranch, reflecting the relationship between interindustry complexes; 3 territorial, reflecting the share of individual regions in national indicators or the share of countries in global indicators, as well as the spatial location of production and non-production facilities; 4 tiered, reflecting the relationship between the primary, secondary and tertiary sectors of the economy; 5 two-sphere, reflecting the relationship between the production and non-production spheres; 6 organizational and legal, reflecting the

Book review of Prof.Ph.D. Božidar Petrač: AGRARIAN ECONOMICS, Faculty of Economics in Osijek, 2002

Directory of Open Access Journals (Sweden)

K. Zmaić

2002-12-01

Full Text Available Author of the book AGRARIAN ECONOMICS is Božidar Petrač, an assocciate professor of the Faculty of Economics in Osijek. The book is composed of 265 pages. This is the first book from agrarian economics field appeared in the Republic of Croatia. Research results obtained by Ph.D. B. Petrač, other domestic and foreign scientists as well as modern aspect of agriculture and agricultural economics development are included in the book. The main parts of the book are as follows: I. Introduction into agrarian economics, II. Conditions of agricultural production, III. Analysis of agricultural production trends in the Republic of Croatia, IV. Agrarian policy. The introductory considerations are characterized by the author’s bases creating for further researches, demarcating and defining main ideas being applied in further analysis. All vital agriculture functions and their contribution to economic development of the Republic of Croatia are analysed completely and in detail. Also Ph.D. B. Petrač has quantified indicators of agriculture development and status in the total economy structure as well as other relevant indicators important for determination of agriculture significance in an economic development. In the second and largest chapter the author explained how volume, structure, intensity and other traits of agricultural production depended on quantitative and qualitative condition characteristics of agricultural production and rationality degree by which these conditions are utilized. Natural conditions, agricultural population, labour force, possessive structure, technical equipment, agricultural production organization, consumption of agricultural products, socio-economic system and other conditions of agricultural activities are discussed in detail. In this way Ph.D. B. Petrač pointed out that aforesaid specificities of agricultural production should be taken into consideration and have a special place in economic policy field. Namely

Market-oriented institutions and policies and economic growth : A critical survey

NARCIS (Netherlands)

De Haan, J; Lundstrom, S; Sturm, JE

This paper surveys recent evidence suggesting that market-oriented institutions and policies are strongly related to economic growth, focusing on studies using the economic freedom (EF) indicator of the Fraser Institute. This index is critically discussed. Also various serious shortcomings of

Quantitative indicators of the impacts generated in lineal development projects

International Nuclear Information System (INIS)

Ospina N, Jesus Efren; Lema T, Alvaro de J.

2002-01-01

This work outlines a methodological proposal for the elaboration of quantitative indicators of the impact caused by electrical power transmission projects, using the perspective of the model of environmental administration by dimensions (physical, biotic, cultural, economic, and political). The model achieved an integral and interdisciplinary analysis, managing to determine what the degree of impact that a project generates on a dimension and its relationships to the others, moreover the indicators identified are useful tools that should help support planning, project formulation, decisions making, and environmental studies, such as: environmental management plans and greater efficiency in the estimation of administrative costs, as well as in the techniques of generating location alternatives, and also may lead to better administration of economic and human resources, among others

Economic Growth, Economic Freedom, and Governance

OpenAIRE

Cebula, Richard; Ekstrom, Marcus

2008-01-01

This exploratory study examines the impact of various forms of economic freedom and various dimensions of governance, as well as a number of economic factors, on economic growth among OECD nations. Empirical estimation finds that the natural log of per capita purchasing-power-parity adjusted real GDP in OECD nations is positively impacted by business freedom, monetary freedom, trade freedom, and property rights security. Economic growth is found to be negatively affected by perceived governme...

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...

Liquidity indicator for the Croatian economy – Factor analysis approach

Directory of Open Access Journals (Sweden)

Mirjana Čižmešija

2014-12-01

Full Text Available Croatian business surveys (BS are conducted in the manufacturing industry, retail trade and construction sector. In all of these sectors, manager´s assessments of liquidity are measured. The aim of the paper was to form a new composite liquidity indicator by including business survey liquidity measures from all three covered economic sectors in the Croatian economy mentioned above. In calculating the leading indicator, a factor analysis approach was used. However, this kind of indicator does not exist in a Croatia or in any other European economy. Furthermore, the issue of Croatian companies´ illiquidity is highly neglected in the literature. The empirical analysis consists of two parts. In the first part the new liquidity indicator was formed using factor analysis. One factor (representing the new liquidity indicator; LI was extracted out of the three liquidity variables in three economic sectors. This factor represents the new liquidity indicator. In the second part, econometric models were applied in order to investigate the forecasting properties of the new business survey liquidity indicator, when predicting the direction of changes in Croatian industrial production. The quarterly data used in the research covered the period from January 2000 to April 2013. Based on econometric analysis, it can be concluded that the LI is a leading indicator of Croatia’s industrial production with better forecasting properties then the standard liquidity indicators (formed in a manufacturing industry.

Applied evolutionary economics and economic geography

NARCIS (Netherlands)

Frenken, K.

2007-01-01

Applied Evolutionary Economics and Economic Geography" aims to further advance empirical methodologies in evolutionary economics, with a special emphasis on geography and firm location. It does so by bringing together a select group of leading scholars including economists, geographers and

Country Competitiveness Relationship with Higher Education Indicators

Directory of Open Access Journals (Sweden)

Santos Lopez-Leyva

2016-12-01

Full Text Available This paper reports the performance of global competitiveness and higher education competitiveness between two groups of countries. The first group is formed by four Asian countries; the second one by four Latin American countries. Indicators from the World Economic Forum 2007-2015 are compared. The indicators with the nearest proximity were found in the management quality of the universities, where there was only a five-point difference in favor of the Asian group. The indicator with the widest gap came from the quality of math and sciences education where we found a difference of 104 points. This is congruent with the results of PISA 2012, which showed a difference of 152 points in math.

Regional Economic Growth; Socio-Economic Disparities among Counties

Directory of Open Access Journals (Sweden)

Salih Özgür SARICA

2014-12-01

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

Can Students Learn Economics and Personal Finance in a Specialized Elementary School?

Science.gov (United States)

Posnanski, Tracy J.; Schug, Mark C.; Schmitt, Thomas

2007-01-01

Statistics from a number of surveys indicate there is a high rate of economic and financial illiteracy in the United States. Several other studies have pointed out that problems related to the widespread lack of economic and financial understanding have serious consequences on the future economic well-being of many citizens. Financial and economic…

Effects of economic downturns on child mortality: a global economic analysis, 1981-2010.

Science.gov (United States)

Maruthappu, Mahiben; Watson, Robert A; Watkins, Johnathan; Zeltner, Thomas; Raine, Rosalind; Atun, Rifat

2017-01-01

To analyse how economic downturns affect child mortality both globally and among subgroups of countries of variable income levels. Retrospective observational study using economic data from the World Bank's Development Indicators and Global Development Finance (2013 edition). Child mortality data were sourced from the Institute for Health Metrics and Evaluation. Global. 204 countries between 1981 and 2010. Child mortality, controlling for country-specific differences in political, healthcare, cultural, structural, educational and economic factors. 197 countries experienced at least 1 economic downturn between 1981 and 2010, with a mean of 7.97 downturns per country (range 0-21; SD 0.45). At the global level, downturns were associated with significant (p<0.0001) deteriorations in each child mortality measure, in comparison with non-downturn years: neonatal (coefficient: 1.11, 95% CI 0.855 to 1.37), postneonatal (2.00, 95% CI 1.61 to 2.38), child (2.93, 95% CI 2.26 to 3.60) and under 5 years of age (5.44, 95% CI 4.31 to 6.58) mortality rates. Stronger (larger falls in the growth rate of gross domestic product/capita) and longer (lasting 2 years rather than 1) downturns were associated with larger significant deteriorations (p<0.001). During economic downturns, countries in the poorest quartile experienced ∼1½ times greater deterioration in neonatal mortality, compared with their own baseline; a 3-fold deterioration in postneonatal mortality; a 9-fold deterioration in child mortality and a 3-fold deterioration in under-5 mortality, than countries in the wealthiest quartile (p<0.0005). For 1-5 years after downturns ended, each mortality measure continued to display significant deteriorations (p<0.0001). Economic downturns occur frequently and are associated with significant deteriorations in child mortality, with worse declines in lower income countries.

Environmental Indicators. A Preliminary Set = Indicateurs d'environnement. Une etude pilote.

Science.gov (United States)

Organisation for Economic Cooperation and Development, Paris (France).

This document provides a preliminary set of environmental indicators by which to measure environmental performance. The indicators are patterned on the outline of the Organisation for Economic Cooperation and Development (OECD) "Report on the State of the Environment," a companion volume published in the same year. This volume is…

Integrating Environmental and Socio-Economic Indicators of a Linked Catchment-Coastal System Using Variable Environmental Intensity

Science.gov (United States)

Dymond, John R.; Davie, Tim J. A.; Fenemor, Andrew D.; Ekanayake, Jagath C.; Knight, Ben R.; Cole, Anthony O.; de Oca Munguia, Oscar Montes; Allen, Will J.; Young, Roger G.; Basher, Les R.; Dresser, Marc; Batstone, Chris J.

2010-09-01

Can we develop land use policy that balances the conflicting views of stakeholders in a catchment while moving toward long term sustainability? Adaptive management provides a strategy for this whereby measures of catchment performance are compared against performance goals in order to progressively improve policy. However, the feedback loop of adaptive management is often slow and irreversible impacts may result before policy has been adapted. In contrast, integrated modelling of future land use policy provides rapid feedback and potentially improves the chance of avoiding unwanted collapse events. Replacing measures of catchment performance with modelled catchment performance has usually required the dynamic linking of many models, both biophysical and socio-economic—and this requires much effort in software development. As an alternative, we propose the use of variable environmental intensity (defined as the ratio of environmental impact over economic output) in a loose coupling of models to provide a sufficient level of integration while avoiding significant effort required for software development. This model construct was applied to the Motueka Catchment of New Zealand where several biophysical (riverine water quantity, sediment, E. coli faecal bacteria, trout numbers, nitrogen transport, marine productivity) models, a socio-economic (gross output, gross margin, job numbers) model, and an agent-based model were linked. An extreme set of land use scenarios (historic, present, and intensive) were applied to this modelling framework. Results suggest that the catchment is presently in a near optimal land use configuration that is unlikely to benefit from further intensification. This would quickly put stress on water quantity (at low flow) and water quality ( E. coli). To date, this model evaluation is based on a theoretical test that explores the logical implications of intensification at an unlikely extreme in order to assess the implications of likely growth

BALANCING HUMAN DEVELOPMENT WITH ECONOMIC GROWTH: A STUDY OF ASEAN 5

Directory of Open Access Journals (Sweden)

SWAHA SHOME

2010-01-01

Full Text Available Economic growth as measured by the GDP of an economy should eventually lead to economic development and better quality of life for its citizens. In many developing countries however, the ranking according to GDP does not match its ranking according to indicators of economic development. This article explores this issue in the ASEAN 5 economies and draws divergent results for the five economies.

The effect of economic downturn on the volume of surgical procedures: A systematic review.

Science.gov (United States)

Fujihara, Nasa; Lark, Meghan E; Fujihara, Yuki; Chung, Kevin C

2017-08-01

Economic downturn can have a wide range of effects on medicine at both individual and national levels. We aim to describe these effects in relation to surgical volume to guide future planning for physician specialization, patient expectations in the face of economic crises, or estimating healthcare expenditure. We hypothesized that because of high out-of-pocket costs, cosmetic procedure volumes would be most affected by economic decline. A systematic review was conducted using MEDLINE, Embase, and ABI/INFORMS. The main search terms were "economic recession" and "surgical procedures, operative". Studies were included if surgical volumes were measured and economic indicators were used as predictors of economic conditions. Twelve studies were included, and the most common subject was cosmetic (n = 5), followed by orthopedic (n = 2) and cardiac surgeries (n = 2). The majority of studies found that in periods of economic downturn, surgical volume decreased. Among the eight studies using Pearson's correlation analysis, there were no significant differences between cosmetic procedures and other elective procedures, indicating that cosmetic procedures may display trends similar to those of non-cosmetic elective procedures in periods of economic downturn. Surgical volume generally decreased when economic indicators declined, observed for both elective and non-elective surgery fields. However, a few specific procedure volumes such as vasectomy and caesarean section for male babies increased during the economic downturn. Knowledge of these trends can be useful for future surgical planning and distribution of healthcare resources. Copyright © 2017 IJS Publishing Group Ltd. Published by Elsevier Ltd. All rights reserved.

RAIL TRAFFIC VOLUME ESTIMATION BASED ON WORLD DEVELOPMENT INDICATORS

Directory of Open Access Journals (Sweden)

Luka Lazarević

2015-08-01

Full Text Available European transport policy, defined in the White Paper, supports shift from road to rail and waterborne transport. The hypothesis of the paper is that changes in the economic environment influence rail traffic volume. Therefore, a model for prediction of rail traffic volume applied in different economic contexts could be a valuable tool for the transport planners. The model was built using common Machine Learning techniques that learn from the past experience. In the model preparation, world development indicators defined by the World Bank were used as input parameters.

Competitiveness and Economic Growth in Romanian Regions

Directory of Open Access Journals (Sweden)

Simionescu Mihaela

2016-12-01

Full Text Available Considering the fact that Romanian economy competitiveness is not based on innovation and investment in human capital, this study makes an empirical evaluation of the impact of occupation and unemployment in Romanian counties on the economic growth. The approach based on panel vector-autoregressive (panel VAR models indicated a negative impact of occupation and activity rate in 42 Romanian counties on the economic growth during 2006-2014. On the other hand, the real economic growth was achieved at high unemployment rates. These results are contrary to previous studies in literature and are due to a structural economic crisis and to lack of labour productivity and investment in human capital. Further policy measures should focus on structural unemployment decrease, more skilled labour force according to labour market needs, lifelong learning, higher performance and quality of education system, promotion of social inclusion, poverty control.

Combined-cycle steam section parametric analysis by thermo-economic simulation

International Nuclear Information System (INIS)

Macor, A.; Reini, M.

1991-01-01

In the case of industrial cogeneration plants, thermal power production is, in general, strictly dependent on the technological requirements of the production cycle, whereas, the electrical power which is produced can be auto- consumed or ceded to the utility grid. In both cases, an economic worth is given to this energy which influences the overall economic feasibility of the plant. The purpose of this paper is to examine parametric inter-relationships between economic and thermodynamic performance optimization techniques. Comparisons are then made of the results obtained with the use of the thermo- economic analysis technique suggested in this paper with those obtained with the use of indicators in other exergo-economic analysis techniques

O Impacto das Resinas na Economia: Principais Indicadores Econômicos The Impact of Resins on the Economy: Key Economic Indicators

Directory of Open Access Journals (Sweden)

Suzana Borschiver

2002-01-01

Full Text Available Este artigo tem como objetivo principal proporcionar o conhecimento para a compreensão do impacto da indústria química na economia brasileira. Para tanto, utiliza-se como uma das ferramentas essenciais o Sistema de Contas Nacionais (SCN do IBGE (Instituto Brasileiro de Geografia e Estatística, órgão federal produtor de estatísticas oficiais. Este sistema, através das suas Tabelas de Recursos e Usos, possibilita a geração de informações importantes para tomadas de decisões de empresas, governo e universidades/centros de pesquisa, através de uma visão econômica de produtos e atividades que fazem parte do sistema produtivo do país. No caso deste artigo, utiliza-se como exemplo o grupo das resinas, procurando-se demonstrar, seja pela ótica da oferta ou da demanda, o impacto destas na economia brasileira, através de alguns indicadores econômicos tais como: produção, consumo intermediário e importação.This article is aimed at analysing the impact of chemical industries on the Brazilian economy. One of essential tools for doing that in the Sistema de Contas Nacionais (System of National Accounts -- SCN of the Instituto Brasileiro de Geografia e Estatística -- IBGE, the official federal statistics agency. The Input and Out-Put Tables in this system make it possible to generate information that can support the decision-making processes of companies, governments and universities/research centers, through providing an economic view of products and activities that comprise the country's production system. In this article, RESINS are the subject of analysis. Their impact on the Brazilian economy will be demonstrated, both from a supply and demand viewpoint, using a number of economic indicators, such as production, intermediate consumption and imports.

Outward foreign direct investments and home country's economic growth

Science.gov (United States)

Ciesielska, Dorota; Kołtuniak, Marcin

2017-09-01

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

Decision making with environmental indices

Science.gov (United States)

Hoag, Dana L.; Ascough, James C.; Keske-Handley, C.; Koontz, Lynne; Burk, A.R.

2005-01-01

Since Ott's seminal book on environmental indices (1978), the use of indices has expanded into several natural resource disciplines, including ecological studies, environmental policymaking, and agricultural economics. However, despite their increasing use in natural resource disciplines, researchers and public decision makers continue to express concern about validity of these instruments to capture and communicate multidimensional, and sometimes disparate, characteristics of research data and stakeholder interests. Our purpose is to demonstrate how useful indices can be for communicating environmental information to decision makers. We discuss how environmental indices have evolved over four stages: 1) simple; 2) compound multicriteria; 3) the impact matrix and 4) disparate stakeholder management. We provide examples of simple and compound indices that were used by policy decision makers. We then build a framework, called an Impact Matrix (IM), that comprehensively accounts for multiple indices but lets the user decide how to integrate them. The IM was shaped from the concept of a financial risk payoff matrix and applied to ecosystem risk. While the IM offers flexibility, it does not address stakeholder preferences about which index to use. Therefore, the last phase in our evolutionary ladder includes stakeholder indices to specifically address disparate stakeholder preferences. Finally, we assert that an environmental index has the potential to increase resource efficiency, since the number of decision making resources may be reduced, and hence improve upon resource productivity

Gender differences in economic support and well-being of older Asians.

Science.gov (United States)

Ofstedal, Mary Beth; Reidy, Erin; Knodel, John

2004-09-01

This report provides a comprehensive analysis of gender differences in economic support and well-being in eight countries in Southern and Eastern Asia (Bangladesh, Malaysia, Indonesia, Singapore, Thailand, Vietnam, Philippines, and Taiwan). We examine multiple economic indicators, including sources of income, receipt of financial and material support, income levels, ownership of assets, and subjective well-being. Results show substantial variation in gender differences across indicators and provide an important qualification to widely held views concerning the globally disadvantaged position of older women. Whereas men tend to report higher levels of income than women, there is generally little gender difference in housing characteristics, asset ownership, or reports of subjective economic well-being. Unmarried women are economically advantaged compared to unmarried men in some respects, in part because they are more likely to be embedded in multigenerational households and receive both direct and indirect forms of support from family members.

Problematic aspects of the economic value added measure in environment of the Czech Republic

Directory of Open Access Journals (Sweden)

Michaela Beranová

2010-01-01

Full Text Available The EVA indicator has been constructed in the recent past as a reaction to requirements of the new economic environment. As the EVA indicator has been introduced by Stewart Stern & Co. in the early nineties, past two decades many economists have been discussing the pros and cons of EVA application as well as various adjustments needed to calculate some relevant result. A range of attitudes to the adjustments to accounting data towards economic data exist there. As the indicator of economic value added is considered to be a criterion of company’s real economic performance it is necessary to be very careful at applying encouraged adjustments. In this article, the authors compare and discuss these adjustments advised in order to reach some ideal number. Accounting differences of US GAAP, IFRS and Czech Accounting Standards are taken into consideration.

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

Directory of Open Access Journals (Sweden)

Zhukov Andrii V.

2014-03-01

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

Economic growth, ecological economics, and wilderness preservation

Science.gov (United States)

Brian Czech

2000-01-01

Economic growth is a perennial national goal. Perpetual economic growth and wilderness preservation are mutually exclusive. Wilderness scholarship has not addressed this conflict. The economics profession is unlikely to contribute to resolution, because the neoclassical paradigm holds that there is no limit to economic growth. A corollary of the paradigm is that...

Longitudinal relationship between economic development and occupational accidents in China.

Science.gov (United States)

Song, Li; He, Xueqiu; Li, Chengwu

2011-01-01

The relativity between economic development and occupational accidents is a debated topic. Compared with the development courses of both economic development and occupational accidents in China during 1953-2008, this paper used statistic methods such as Granger causality test, cointegration test and impulse response function based on the vector autoregression model to investigate the relativity between economic development and occupational accidents in China from 1953 to 2008. Owing to fluctuation and growth scale characteristics of economic development, two dimensions including economic cycle and economic scale were divided. Results showed that there was no relationship between occupational accidents and economic scale during 1953-1978. Fatality rate per 10(5) workers was a conductive variable to gross domestic product per capita during 1979-2008. And economic cycle was an indicator to occupational accidents during 1979-2008. Variation of economic speed had important influence on occupational accidents in short term. Thus it is necessary to adjust Chinese occupational safety policy according to tempo variation of economic growth. Crown Copyright © 2010. Published by Elsevier Ltd. All rights reserved.

Overweight and weight dissatisfaction related to socio-economic position, integration and dietary indicators among south Asian immigrants in Oslo.

Science.gov (United States)

Råberg, Marte; Kumar, Bernadette; Holmboe-Ottesen, Gerd; Wandel, Margareta

2010-05-01

To investigate how socio-economic position, demographic factors, degree of integration and dietary indicators are related to BMI/waist:hip ratio (WHR) and to weight dissatisfaction and slimming among South Asians in Oslo, Norway. Cross-sectional study consisting of a health check including anthropometric measures and two self-administered questionnaires. Oslo, Norway. Pakistanis and Sri Lankans (n 629), aged 30-60 years, residing in Oslo. BMI was positively associated with female gender (P = 0.004) and Pakistani origin (P integration (measured by a composite index, independent of duration of residence; P = 0.017). One-third of those with normal weight and most of those obese were dissatisfied with their weight. Among these, about 40 % had attempted to slim during the past year. Dissatisfaction with weight was positively associated with education in women (P = 0.006) and with integration in men (P = 0.026), and inversely associated with physical activity (P = 0.044) in men. Women who had made slimming attempts had breakfast and other meals less frequently than others (P < 0.05). Weight dissatisfaction exists among South Asian immigrants. More research is needed regarding bodily dissatisfaction and the relationship between perception of weight and weight-change attempts among immigrants in Norway, in order to prevent and treat both obesity and eating disorders.

Stock Market and Sustainable Economic Growth in Nigeria

Directory of Open Access Journals (Sweden)

Erasmus L Owusu

2016-11-01

Full Text Available This paper examines the relationship between stock market evolution and sustainable economic growth in Nigeria. The study employs Auto-Regressive Distributed Lag (ARDL-bounds testing approach and a combined stock market indicators index to examine the relationship. The paper finds that, in the long run, stock markets have no positive and at best mixed effect on economic growth in Nigeria. This finding supports the numerous past studies, which have reported negative/mixed or inconclusive results on the effects of stock markets on economic growth. The paper, therefore, concludes that, there is the need for increasing financial deepening and the removal of bottlenecks in the financial sectors of the economy by providing further public and institutional education on the value of stock markets for economic development.

Influence of Social-economic Activities on Air Pollutants in Beijing, China

Science.gov (United States)

Li, Xiaolu; Zheng, Wenfeng; Yin, Lirong; Yin, Zhengtong; Song, Lihong; Tian, Xia

2017-08-01

With the rapid economic development, the serious air pollution in Beijing attracts increasing attention in the last decade. Seen as one whole complex and grey system, the causal relationship between the social development and the air pollution in Beijing has been quantitatively analyzed in this paper. By using the grey relational model, the aim of this study is to explore how the socio-economic and human activities affect on the air pollution in the city of Beijing, China. Four air pollutants, as the particulate matter with size 2.5 micrometers or less (PM2.5), particulate matter with size 10 micrometers or less (PM10), sulfur dioxide (SO2) and nitrogen dioxide (NOx), are selected as the indicators of air pollution. Additionally, fifteen socio-economic indicators are selected to account for the regional socio-economic characteristics (economy variables, energy consumption variables, pollution emissions variables, environment and construction activity variables). The results highlight that all variables are associated with the concentrations of the four selected air pollutants, but with notable differences between the air pollutants. Most of the socio-economic indicators, such as industrial output, total energy consumption are highly correlated with PM2.5, while PM10, SO2, and NOx present in general moderate correlations with most of the socio-economic variables. Contrary to other studies and reports this study reveals that vehicles and life energy do not have the strongest effect on air pollution in Beijing. This study provides useful information to reduce air pollution and support decision-making for sustainable development.

Influence of Social-economic Activities on Air Pollutants in Beijing, China

Directory of Open Access Journals (Sweden)

Li Xiaolu

2017-08-01

Full Text Available With the rapid economic development, the serious air pollution in Beijing attracts increasing attention in the last decade. Seen as one whole complex and grey system, the causal relationship between the social development and the air pollution in Beijing has been quantitatively analyzed in this paper. By using the grey relational model, the aim of this study is to explore how the socio-economic and human activities affect on the air pollution in the city of Beijing, China. Four air pollutants, as the particulate matter with size 2.5 micrometers or less (PM2.5, particulate matter with size 10 micrometers or less (PM10, sulfur dioxide (SO2 and nitrogen dioxide (NOx, are selected as the indicators of air pollution. Additionally, fifteen socio-economic indicators are selected to account for the regional socio-economic characteristics (economy variables, energy consumption variables, pollution emissions variables, environment and construction activity variables. The results highlight that all variables are associated with the concentrations of the four selected air pollutants, but with notable differences between the air pollutants. Most of the socio-economic indicators, such as industrial output, total energy consumption are highly correlated with PM2.5, while PM10, SO2, and NOx present in general moderate correlations with most of the socio-economic variables. Contrary to other studies and reports this study reveals that vehicles and life energy do not have the strongest effect on air pollution in Beijing. This study provides useful information to reduce air pollution and support decision-making for sustainable development.

Determinants of Economic Growth in Malaysia 1970-2010

OpenAIRE

Fauzi HUSSIN; Norazrul Mat ROS; Mohd Saifoul Zamzuri NOOR

2013-01-01

This paper investigates the determinants of economic growth in Malaysia. Trade openness, foreign direct investment, government development expenditure and gross fixed capital formation are used as indicators of economic growth. The study used time series data for the period 1970 to 2010. The Johansen and Juselius cointegration approach was applied to determine the long-run relationship between the variables. The study found that trade openness and foreign direct investment have significant bu...

Empirical measurement of socio-economic status of farm families in ...

African Journals Online (AJOL)

A universe of 106 socio-economic status indicators was collated. The t-test and point-biserial correlation were used in the item analysis of quantitatively measured and dichotomous items respectively. Forty items were found valid across all the ethnic groups in the state. The 40 items were standardized into a socio-economic ...

Economic Cooperation Between The European Union And Japan

Directory of Open Access Journals (Sweden)

Drzymała Agnieszka

2017-06-01

Full Text Available The aim of the paper is to show the history of economic relations between the European Union and Japan. This economy is very important to the EU and the countries of the EU are interested in further deepening areas of cooperation. Therefore it seems important to indicate the political will to continue mutual economic relations through the signing of contracts and bilateral agreements, as well as meetings at various levels, including SPA and EPA negotiations and summits. The course of the current economic cooperation will be shown through trade volume and foreign direct investment outflows from the European Union to Japan.

Economic incentives for abandoning or expanding gum arabic production in Sudan

NARCIS (Netherlands)

Rahim, A.; Ierland, van E.C.; Wesseler, J.H.H.

2007-01-01

In this paper we use a real options approach to analyze farmers' economic incentives to abandon gum production or expand by creating new plantations. Our results indicate that agricultural crops currently provide higher economic benefits as compared to gum agroforestry. However, we show that the

Tourist Industry Recovers from World Economic Crisis

Directory of Open Access Journals (Sweden)

Anca Gabriela Turtureanu

2012-02-01

Full Text Available Tourism has become an important economic engine onthe global point of view , but isextremely localized. Due to geographical distribution and nature of labor intensive activities intourism offers a wide range of employment opportunities for poor and vulnerable groups indeveloping countries, especially but not exclusively, in rural and remote areas. Tourism has sufferedalot during the global economic crisis, there was adecline of 4% of international tourist arrivals in2009, and revenues from international tourism fellby 6% by 2009. To a new report "Euro barometer"survey on the attitudes of Europeans towards tourism emphasized that the tourism industry has passedthe economic crisis confirmed by the indicators. Motivations of travel for 2011 have been totraditional tourist destinations (58%, while 28% wanted to discover new destinations.

[Public health in major socio-economic crisis].

Science.gov (United States)

Cosmacini, G

2014-01-01

The term "crisis" in different cultures (such as ancient Greece or China) can have a positive meaning, since it indicates a time of growth, change and opportunity. Over the centuries there have been times of severe economic and social crisis that led to the implementation of major reforms and improved population health. Nowadays, despite the new economic crisis which has also affected health care for its rising costs, health economics does not hesitate to affirm the importance of key objectives such as prevention and medical assistance. Prevention is not prediction. Prevention means "going upstream" and fixing a problem at the source; the goal is to reduce diseases' effects, causes and risk factors, thereby reducing the prevalence of costly medical conditions.

Methodologies for 2011 economic reports

DEFF Research Database (Denmark)

Nielsen, Rasmus

STECF’s Expert Working Group 11-03 convened in Athens (28th March – 1st April, 2011) to discuss and seek agreement on the content, indicators, methodologies and format of the 2011 Annual Economic Reports (AER) on the EU fishing fleet, the fish processing and the aquaculture sectors. Proposals...... for improved contents and the overall structure were discussed. Templates for the national and EU overview chapters for the EU the fish processing and the aquaculture sectors were produced. Indicators for the EU fishing fleet and fish processing reports were reviewed; new indicators for the fish processing...... and the aquaculture sector reports were proposed. And topics of special interest were proposed for all three reports....

Appropriate Urban Livability Indicators for Metropolitan Johor, Malaysia via Expert-Stakeholder Approach: a Delphi technique

Directory of Open Access Journals (Sweden)

Dario Gallares Pampanga

2015-11-01

Full Text Available Metro Johor is one of the fast emerging metropolitan urban centers where its current progress and spatial transformation have made it a key player in the economic growth of Malaysia. The recent creation of the Iskandar Malaysia, an economic strategy which aims to be a global player as potential destination for high-value investments, has certainly added social, environmental and economic stress to its urban citizens. This paper intends to develop urban livability indicators for Metropolitan Johor anchored on the changing urban complexion in the face of climate change, economic, governance, social and cultural dynamics, among others. The urban livability conundrum of Metro Johor illustrates that indicators are imperative, especially policy-based indicators, which would aid to scale-up the desired progress according to urban livability metrics. The study involves iterative 3-rounds of Delphi blind survey with Likert scale’s degree of agreement, and finally assigning weightings to each sub-indicator. Thus, with the expert-stakeholders involvement, constituting broad-sectoral community representation, a robust and appropriate urban livability index for Metro Johor was generated - a comprehensive framework yet prospective benchmark in appropriating timely policy decisions that would redound to the benefit of urban citizens ensuring a livable Metropolitan Johor.

Community Economics

OpenAIRE

武藤, 宣道; Nobumichi, MUTOH

2000-01-01

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

Sustainable Livestock Farming for Improving Socio-Economic Condition

Directory of Open Access Journals (Sweden)

Mohammad Shamsuddoha

2013-01-01

Full Text Available Sustainability is the most effective concept to improve socio-economic condition, including environment. Constructive socio-economic changes are getting priority in recent years among academia and business sector in Bangladesh. Bangladesh poultry sub-sector has long supply chains having associated with various stakeholders. In this paper, a case poultry farm was taken to examine a production process that links with socio-economic benefits. Design science method under the quantitative paradigm was chosen to develop a model for the case industry. A Simulation model was developed using simul8 software to construct the real poultry operation. The objectives of this paper are to construct a sustainable model for a case poultry industry along with socio-economic issues. Later, simulated model output will examine it through various performance indicators (KPIs to find out the impacts on socio-economic benefits. Numbers of KPIs have been briefly discussed in light of the research problem to illustrate positive effects of sustainable production.

THE IMPACT OF LOGISTICS INDUSTRY ON ECONOMIC GROWTH: AN APPLICATION IN OECD COUNTRIES

Directory of Open Access Journals (Sweden)

Sevgi Sezer

2017-02-01

Full Text Available The most significant elements that enable us to understand economic growth and development levels of nations are economic indicators of the country of interest. As much as these indicators have positive and high values, they affect the economic, social, psychological and cultural texture of the nation positively. These effects increase the culture, living and welfare levels of the individuals in the society. Logistics is one of the tools that play an important role in the change and improvement of economic indicators. Logistics industry provides significant macro contributions to national economy by creating employment, and creating national income and foreign investment influx. On the micro scale, logistics industry is a key industry in increasing the competitive power of corporations. Furthermore, the logistics industry has an important mission in revitalizing and improvement of the competitiveness of other industries. Today, all industries are dependent on logistics sector. The present study aimed to investigate how the logistics variables of transportation and communication affected economic growth in 34 OECD countries. The effect of both transportation industry variables and communication industry variables that form the logistics industry on the increase in per capita income in OECD countries was identified.

Indicators of health system coverage and activity in Ireland during the economic crisis 2008-2014 - from 'more with less' to 'less with less'.

LENUS (Irish Health Repository)

Burke, Sara

2014-09-01

A new Irish government came to power in March 2011 with the most radical proposals for health system reform in the history of the state, including improving access to healthcare, free GP care for all by 2015 and the introduction of Universal Health Insurance after 2016. All this was to be achieved amidst the most severe economic crisis experienced by Ireland since the 1930s. The authors assess how well the system coped with a downsizing of resources by an analysis of coverage and health system activity indicators. These show a health system that managed \\'to do more with less\\' from 2008 to 2012. They also demonstrate a system that was \\'doing more with less\\' by transferring the cost of care onto people and by significant resource cuts. From 2013, the indicators show a system that has no choice but \\'to do less with less\\' with diminishing returns from crude cuts. This is evident in declining numbers with free care, of hospital cases and home care hours, alongside increased wait-times and expensive agency staffing. The results suggest a limited window of benefit from austerity beyond which cuts and rationing prevail which is costly, in both human and financial terms.

Economic hardships in adulthood and mental health in Sweden. The Swedish National Public Health Survey 2009.

Science.gov (United States)

Ahnquist, Johanna; Wamala, Sarah P

2011-10-11

Possible accumulative effects of a combined economic hardship's measure, including both income and non-income related economic hardships measures, on mental health has not been well investigated. The aim of this paper was to investigate; (i) independent associations between multiple measures of economic hardships and mental health problems, and (ii) associations between a combined economic hardships measure and mental health problems. We analysed data from the 2009 Swedish National Survey of Public Health comprising a randomly selected representative national sample combined with a randomly selected supplementary sample from four county councils and three municipalities consisting of 23,153 men and 28,261 women aged 16-84 years. Mental health problems included; psychological distress (GHQ-12), severe anxiety and use of antidepressant medication. Economic hardship was measured by a combined economic hardships measure including low household income, inability to meet expenses and lacking cash reserves. The results from multivariate adjusted (age, country of birth, educational level, occupational status, employment status, family status and long term illness) logistic regression analysis indicate that self-reported current economic difficulties (inability to pay for ordinary bills and lack of cash reserves), were significantly associated with both women's and men's mental health problems (all indicators), while low income was not. In addition, we found a statistically significant graded association between mental health problems and levels of economic hardships. The findings indicate that indicators of self-reported current economic difficulties seem to be more strongly associated with poor mental health outcomes than the more conventional measure low income. Furthermore, the likelihood of mental health problems differed significantly in a graded fashion in relation to levels of economic hardships.

Economic hardships in adulthood and mental health in Sweden. the Swedish National Public Health Survey 2009

Directory of Open Access Journals (Sweden)

Ahnquist Johanna

2011-10-01

Full Text Available Abstract Background Possible accumulative effects of a combined economic hardship's measure, including both income and non-income related economic hardships measures, on mental health has not been well investigated. The aim of this paper was to investigate; (i independent associations between multiple measures of economic hardships and mental health problems, and (ii associations between a combined economic hardships measure and mental health problems. Methods We analysed data from the 2009 Swedish National Survey of Public Health comprising a randomly selected representative national sample combined with a randomly selected supplementary sample from four county councils and three municipalities consisting of 23,153 men and 28,261 women aged 16-84 years. Mental health problems included; psychological distress (GHQ-12, severe anxiety and use of antidepressant medication. Economic hardship was measured by a combined economic hardships measure including low household income, inability to meet expenses and lacking cash reserves. Results The results from multivariate adjusted (age, country of birth, educational level, occupational status, employment status, family status and long term illness logistic regression analysis indicate that self-reported current economic difficulties (inability to pay for ordinary bills and lack of cash reserves, were significantly associated with both women's and men's mental health problems (all indicators, while low income was not. In addition, we found a statistically significant graded association between mental health problems and levels of economic hardships. Conclusions The findings indicate that indicators of self-reported current economic difficulties seem to be more strongly associated with poor mental health outcomes than the more conventional measure low income. Furthermore, the likelihood of mental health problems differed significantly in a graded fashion in relation to levels of economic hardships.

The model of sustainable socio-economic development of the national economy

Directory of Open Access Journals (Sweden)

O. A. Kalchenko

2016-01-01

Full Text Available According to the new "National security strategy of the Russian Federation, sustainable socio-economic development is the basis of national economic security. UN conceptual model of sustainable development is considered. The “Club of Rome” founder’s Aurelio Peccei point of view that world could be presented by interrelated but sufficiently stable elements: Nature, Man, Society, science-based Technique is mentioned (early 1980s. Today, sustainable socio-economic development of the national economy is determined by: Nature, Man, Society, Technology, Economy and Infrastructure. To support this opinion, statements of leading scientists, politicians, business representatives are given: A. Aganbegian, M. Friedman, V. Sidorov, V. Inozemtsev, G. Gref. The author's model of sustainable socio-economic development of the national economy is presented. The position of Russia according to the “2016 Global R&D Funding Forecast”, compiled by well-known scientific periodical “R&DMagazine” is presented. Classification of indicators groups, taken from the Russian and foreign statistical data books (Russian Statistical Yearbook, IRI, R&D Magazine, International Monetary Fund, World Bank, CIA Factbook, OECD, according to the elements of an integrated system of sustainable socio-economic development of the national economy is given. Implementation aggregating partial indices into an integrated index for each group and their population as a whole is proposed. For each private indicator is proposed to develop three levels of threshold values (acceptable, marginal and critical for sustainable socio-economic development of the national economy and security. Since innovation is a key mechanism for the concept of sustainable socio-economic development of the national economy in a new tenor of technology, the need for innovative development of all elements of the proposed integrated system is required.

Quantum economics

Directory of Open Access Journals (Sweden)

Vukotić Veselin

2011-01-01

Full Text Available The globalization is breaking-down the idea of national state, which was the base for the development of economic theory which is dominant today. Global economic crisis puts emphasis on limited possibilities of national governments in solving economic problems and general problems of society. Does it also mean that globalization and global economic crisis points out the need to think about new economic theory and new understanding of economics? In this paper I will argue that globalization reveals the need to change dominant economic paradigm - from traditional economic theory (mainstream with macroeconomic stability as the goal of economic policy, to the “quantum economics“, which is based on “economic quantum” and immanent to the increase of wealth (material and non-material of every individual in society and promoting set of values immanent to the wealth increase as the goal of economic policy. Practically the question is how we can use global market for our development!