Addressing Economic Development Goals through Innovative Teaching of University Statistics: A Case Study of Statistical Modelling in Nigeria

Science.gov (United States)

Ezepue, Patrick Oseloka; Ojo, Adegbola

2012-01-01

A challenging problem in some developing countries such as Nigeria is inadequate training of students in effective problem solving using the core concepts of their disciplines. Related to this is a disconnection between their learning and socio-economic development agenda of a country. These problems are more vivid in statistical education which…

Lies, Damned Lies, and Statistics? Examples From Finance and Economics

OpenAIRE

Karim M. Abadir

2013-01-01

Reliable data analysis is one of the hardest tasks in sciences and social sciences. Often misleading and sometimes puzzling results arise when the analysis is done without regard for the special features of the data. In this exposition, I will focus on designing new statistical tools to deal with some prominent questions in Finance and Economics. In particular, I will talk about the following. (1) How to characterize the randomness of variables, motivated by a problem in the pricing of financ...

Statistical Support for Analysis of the Social Stratification and Economic Inequality of the Country’s Population

Directory of Open Access Journals (Sweden)

Aksyonova Irina V.

2017-12-01

Full Text Available The aim of the article is to summarize the theoretical and methodological as well as information and analytical support for statistical research of economic and social stratification in society and conduct an analysis of the differentiation of the population of Ukraine in terms of the economic component of social inequality. The theoretical and methodological level of the research is studied, and criteria for social stratification and inequalities in society, systems, models and theories of social stratification of the population are singled out. The indicators of social and economic statistics regarding the differentiation of the population by income level are considered as the research tools. As a result of the analysis it was concluded that the economic inequality of the population leads to changes in the social structure, which requires formation of a new social stratification of society. The basis of social stratification is indicators of the population well-being, which require a comprehensive study. Prospects for further research in this area are the analysis of the components of economic inequality that determine and influence the social stratification of the population of the country, the formation of the middle class, and the study of the components of the human development index as a cross-currency indicator of the socio-economic inequality of the population.

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

Science.gov (United States)

Chiou, Chei-Chang

2009-01-01

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

A framework for the economic analysis of data collection methods for vital statistics.

Science.gov (United States)

Jimenez-Soto, Eliana; Hodge, Andrew; Nguyen, Kim-Huong; Dettrick, Zoe; Lopez, Alan D

2014-01-01

Over recent years there has been a strong movement towards the improvement of vital statistics and other types of health data that inform evidence-based policies. Collecting such data is not cost free. To date there is no systematic framework to guide investment decisions on methods of data collection for vital statistics or health information in general. We developed a framework to systematically assess the comparative costs and outcomes/benefits of the various data methods for collecting vital statistics. The proposed framework is four-pronged and utilises two major economic approaches to systematically assess the available data collection methods: cost-effectiveness analysis and efficiency analysis. We built a stylised example of a hypothetical low-income country to perform a simulation exercise in order to illustrate an application of the framework. Using simulated data, the results from the stylised example show that the rankings of the data collection methods are not affected by the use of either cost-effectiveness or efficiency analysis. However, the rankings are affected by how quantities are measured. There have been several calls for global improvements in collecting useable data, including vital statistics, from health information systems to inform public health policies. Ours is the first study that proposes a systematic framework to assist countries undertake an economic evaluation of DCMs. Despite numerous challenges, we demonstrate that a systematic assessment of outputs and costs of DCMs is not only necessary, but also feasible. The proposed framework is general enough to be easily extended to other areas of health information.

A New Statistical Method to Determine the Degree of Validity of Health Economic Model Outcomes against Empirical Data.

NARCIS (Netherlands)

Corro Ramos, Isaac; van Voorn, George A K; Vemer, Pepijn; Feenstra, Talitha L; Al, Maiwenn J

2017-01-01

The validation of health economic (HE) model outcomes against empirical data is of key importance. Although statistical testing seems applicable, guidelines for the validation of HE models lack guidance on statistical validation, and actual validation efforts often present subjective judgment of

A Critique of One-Tailed Hypothesis Test Procedures in Business and Economics Statistics Textbooks.

Science.gov (United States)

Liu, Tung; Stone, Courtenay C.

1999-01-01

Surveys introductory business and economics statistics textbooks and finds that they differ over the best way to explain one-tailed hypothesis tests: the simple null-hypothesis approach or the composite null-hypothesis approach. Argues that the composite null-hypothesis approach contains methodological shortcomings that make it more difficult for…

A Statistical Analysis of the Economic Drivers of Battery Energy Storage in Commercial Buildings: Preprint

Energy Technology Data Exchange (ETDEWEB)

Long, Matthew; Simpkins, Travis; Cutler, Dylan; Anderson, Katie

2016-11-01

There is significant interest in using battery energy storage systems (BESS) to reduce peak demand charges, and therefore the life cycle cost of electricity, in commercial buildings. This paper explores the drivers of economic viability of BESS in commercial buildings through statistical analysis. A sample population of buildings was generated, a techno-economic optimization model was used to size and dispatch the BESS, and the resulting optimal BESS sizes were analyzed for relevant predictor variables. Explanatory regression analyses were used to demonstrate that peak demand charges are the most significant predictor of an economically viable battery, and that the shape of the load profile is the most significant predictor of the size of the battery.

A statistical mechanical model of economics

Science.gov (United States)

Lubbers, Nicholas Edward Williams

Statistical mechanics pursues low-dimensional descriptions of systems with a very large number of degrees of freedom. I explore this theme in two contexts. The main body of this dissertation explores and extends the Yard Sale Model (YSM) of economic transactions using a combination of simulations and theory. The YSM is a simple interacting model for wealth distributions which has the potential to explain the empirical observation of Pareto distributions of wealth. I develop the link between wealth condensation and the breakdown of ergodicity due to nonlinear diffusion effects which are analogous to the geometric random walk. Using this, I develop a deterministic effective theory of wealth transfer in the YSM that is useful for explaining many quantitative results. I introduce various forms of growth to the model, paying attention to the effect of growth on wealth condensation, inequality, and ergodicity. Arithmetic growth is found to partially break condensation, and geometric growth is found to completely break condensation. Further generalizations of geometric growth with growth in- equality show that the system is divided into two phases by a tipping point in the inequality parameter. The tipping point marks the line between systems which are ergodic and systems which exhibit wealth condensation. I explore generalizations of the YSM transaction scheme to arbitrary betting functions to develop notions of universality in YSM-like models. I find that wealth vi condensation is universal to a large class of models which can be divided into two phases. The first exhibits slow, power-law condensation dynamics, and the second exhibits fast, finite-time condensation dynamics. I find that the YSM, which exhibits exponential dynamics, is the critical, self-similar model which marks the dividing line between the two phases. The final chapter develops a low-dimensional approach to materials microstructure quantification. Modern materials design harnesses complex

Applied statistics for economists

CERN Document Server

Lewis, Margaret

2012-01-01

This book is an undergraduate text that introduces students to commonly-used statistical methods in economics. Using examples based on contemporary economic issues and readily-available data, it not only explains the mechanics of the various methods, it also guides students to connect statistical results to detailed economic interpretations. Because the goal is for students to be able to apply the statistical methods presented, online sources for economic data and directions for performing each task in Excel are also included.

Improvement of Information and Methodical Provision of Macro-economic Statistical Analysis

Directory of Open Access Journals (Sweden)

Tiurina Dina M.

2014-02-01

Full Text Available The article generalises and analyses main shortcomings of the modern system of macro-statistical analysis based on the use of the system of national accounts and balance of the national economy. The article proves on the basis of historic analysis of formation of indicators of the system of national accounts that problems with its practical use have both regional and global reasons. In order to eliminate impossibility of accounting life quality the article offers a system of quality indicators based on the general perception of wellbeing as assurance in own solvency of population and representative sampling of economic subjects.

Dissemination of statistical information for purposes of efficiency management of socio-economic development

Directory of Open Access Journals (Sweden)

Gerasimenko S.

2013-01-01

Full Text Available The questions connected with the facilitation of the access of the people to the information about the living standard are considered. In particular it is suggested to use the information of the System of National Accounts and statistic methods. It is stressed that the information about living standard should be amplified with the characteristics of the effectiveness of the management of the social-economic development.

Quantifying fluctuations in economic systems by adapting methods of statistical physics

Science.gov (United States)

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

2000-12-01

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

Student workload estimation to pass a statistics course in Economics and Business Administration

OpenAIRE

Jano, María Dolores; Ortiz Serrano, Salvador

2007-01-01

The convergence process in Higher Education in Europe implies a radical change in the teacher’s practice. One of the fundamental questions in the harmonization process stems from the way credits are allocated by the ECTS (European Credit Transfer System). This article analyzes diverse methodologies for the estimation of student workload, with results regarding the time students need to successfully complete the Descriptive Statistics course in Economics and Business Administration. The obtain...

The "Core Concepts Plus" Paradigm for Creating an Electronic Textbook for Introductory Business and Economic Statistics

Science.gov (United States)

Haley, M. Ryan

2013-01-01

This paper describes a flexible paradigm for creating an electronic "Core Concepts Plus" textbook (CCP-text) for a course in Introductory Business and Economic Statistics (IBES). In general terms, "core concepts" constitute the intersection of IBES course material taught by all IBES professors at the author's university. The…

Environmental Interfaces in Teaching Economic Statistics

Science.gov (United States)

Campos, Celso; Wodewotzki, Maria Lucia; Jacobini, Otavio; Ferrira, Denise

2016-01-01

The objective of this article is, based on the Critical Statistics Education assumptions, to value some environmental interfaces in teaching Statistics by modeling projects. Due to this, we present a practical case, one in which we address an environmental issue, placed in the context of the teaching of index numbers, within the Statistics…

The new economic governance in the EU Member States. Macroeconomic results and statistical correlations for Romania

Directory of Open Access Journals (Sweden)

Mirela Cristea

2016-12-01

Full Text Available In the current economic context of economic and financial crisis, many European countries are facing with fundamental issues and trends that are unsustainable on the long term. In these circumstances, we have developed the present study which analyzes the EU strategies for establishing a new economic governance for all Member States. We present the perspective of Romania’s macroeconomic stability in the European context, in its process for accession to the EMU, through the nominal and real convergence criteria. On this background, we make a statistical study on the direction of causality relation between GDP and the main factors of the influence at the macroeconomic level. Reviving growth, as predicted by Romanian institutions, would produce major benefits to act extensively through coherent policies to balance the money market, the labor market and the fiscal framework

Statistics with JMP graphs, descriptive statistics and probability

CERN Document Server

Goos, Peter

2015-01-01

Peter Goos, Department of Statistics, University ofLeuven, Faculty of Bio-Science Engineering and University ofAntwerp, Faculty of Applied Economics, BelgiumDavid Meintrup, Department of Mathematics and Statistics,University of Applied Sciences Ingolstadt, Faculty of MechanicalEngineering, GermanyThorough presentation of introductory statistics and probabilitytheory, with numerous examples and applications using JMPDescriptive Statistics and Probability provides anaccessible and thorough overview of the most important descriptivestatistics for nominal, ordinal and quantitative data withpartic

Reversible Statistics

DEFF Research Database (Denmark)

Tryggestad, Kjell

2004-01-01

The study aims is to describe how the inclusion and exclusion of materials and calculative devices construct the boundaries and distinctions between statistical facts and artifacts in economics. My methodological approach is inspired by John Graunt's (1667) Political arithmetic and more recent work...... within constructivism and the field of Science and Technology Studies (STS). The result of this approach is here termed reversible statistics, reconstructing the findings of a statistical study within economics in three different ways. It is argued that all three accounts are quite normal, albeit...... in different ways. The presence and absence of diverse materials, both natural and political, is what distinguishes them from each other. Arguments are presented for a more symmetric relation between the scientific statistical text and the reader. I will argue that a more symmetric relation can be achieved...

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

Influence of the Budgetary Decentralization on the Economic Growth of Regions of Ukraine: Statistical Estimation

Directory of Open Access Journals (Sweden)

Voznyak Halyna V.

2017-06-01

Full Text Available The aim of the article is to define, determine and analyze the interrelationships between the budgetary decentralization and the economic growth of regions of Ukraine under conditions of reforming the power and financial resources. A statistical estimation of the influence of the budgetary decentralization on the economic growth of regions of Ukraine for 2015-2016 is carried out. The application of the panel data modeling allowed to build econometric models that made it possible to determine the ambiguous nature of the budgetary decentralization and identify key factors of its influence. It is shown that in terms of the income and expenditures the budgetary decentralization is positively associated with the economic growth of regions of Ukraine during the chosen time range of the study. The dynamic growth of the own revenues of local budgets is not a catalyst for the economic development of the regions. A strong negative effect of transfers on the dependent variable is confirmed. Among the variables included in the model and additionally characterizing the budgetary decentralization, the single tax and subsidies for the socio-economic development of individual territories attract attention. As a result of the study, the author justifies the need to minimize the transfer dependence of the regions at a simultaneous increasing of their own revenue base with local taxes and fees serving as a reliable basis for a long-term planning and development.

Regional statistical and economic analysis of small and medium-sized businesses development in Zhytomyr region

Directory of Open Access Journals (Sweden)

S.I. Pavlova

2017-08-01

Full Text Available Small and medium-sized businesses play an important role in the development of the regional economic system in particular and in solving a number of the following local problems: developing competition, developing the market for goods and services, providing jobs for the able-bodied population, raising living standards and improving the social environment in society. The purpose of this paper is to analyze the state and development of small and medium-sized businesses in the Zhytomyr region, to analyze its contribution to the economic development of the region, and to identify the main problems existing in the region. According to the indicators of state statistics, the author presents the general characteristics of enterprises in the Zhytomyr region from 2012 to 2016 in the context of indicators of the number of enterprises, the number of employed workers and the volume of the products sold, highlighting the activities of small enterprises and assessing their share in general levels. In addition, the paper provides the description of the activities of individual entrepreneurs. The structural comparison for the above-listed indicators of the distribution of influence on the economic system of the Zhytomyr region in terms of enterprises by size is presented. In terms of quantity 93,5 % are small enterprises that provide 31,4 % of the total number of employees with work and make up 23,1 % of the total volume of sales. Average enterprises in these indicators have 6,4 %, 62,0 % and 54,8 % respectively. The statistical and economic analysis of the structure of small enterprises by types of economic activity, by indicators of the number of registered enterprises, and by the volumes of sold products is carried out. The uniformity of the distribution is estimated using the index of the concentration coefficient. The indicators of revenues to budgets of different levels from small and medium-sized businesses are set. The paper presents and summarizes the

Quantifying Distribution of Flow Cytometric TCR-Vβ Usage with Economic Statistics.

Directory of Open Access Journals (Sweden)

Kornelis S M van der Geest

Full Text Available Measuring changes of the T cell receptor (TCR repertoire is important to many fields of medicine. Flow cytometry is a popular technique to study the TCR repertoire, as it quickly provides insight into the TCR-Vβ usage among well-defined populations of T cells. However, the interpretation of the flow cytometric data remains difficult, and subtle TCR repertoire changes may go undetected. Here, we introduce a novel means for analyzing the flow cytometric data on TCR-Vβ usage. By applying economic statistics, we calculated the Gini-TCR skewing index from the flow cytometric TCR-Vβ analysis. The Gini-TCR skewing index, which is a direct measure of TCR-Vβ distribution among T cells, allowed us to track subtle changes of the TCR repertoire among distinct populations of T cells. Application of the Gini-TCR skewing index to the flow cytometric TCR-Vβ analysis will greatly help to gain better understanding of the TCR repertoire in health and disease.

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

National transportation statistics 2010

Science.gov (United States)

2010-01-01

National Transportation Statistics presents statistics on the U.S. transportation system, including its physical components, safety record, economic performance, the human and natural environment, and national security. This is a large online documen...

265 Statistical Consulting and the African Universities

African Journals Online (AJOL)

User

2011-07-21

Jul 21, 2011 ... Statistics is the science and the art of collection, analysis, and presentation of ... statistical methods to a variety of subject areas, such as economics, biology, ... Many economic, social, political, and military decisions cannot be.

The scientifiv way of thinking in statistics, statistical physics and quantum mechanics

OpenAIRE

Săvoiu, Gheorghe

2008-01-01

This paper focuses on the way of thinking in both classical and modern Physics and Statistics, Statistical Mechanics or Statistical Physics and Quantum Mechanics. These different statistical ways of thinking and their specific methods have generated new fields for new activities and new scientific disciplines, like Econophysics (between Economics and Physics), Sociophysics (between Sociology and Physics), Mediaphysics (between all media and comunication sciences), etc. After describing some r...

The scientific way of thinking in statistics, statistical physics and quantum mechanics

OpenAIRE

Săvoiu, Gheorghe

2008-01-01

This paper focuses on the way of thinking in both classical and modern Physics and Statistics, Statistical Mechanics or Statistical Physics and Quantum Mechanics. These different statistical ways of thinking and their specific methods have generated new fields for new activities and new scientific disciplines, like Econophysics (between Economics and Physics), Sociophysics (between Sociology and Physics), Mediaphysics (between all media and comunication sciences), etc. After describing some r...

Statistical Physics of Economic Systems: a Survey for Open Economies

Science.gov (United States)

Tao, Yong; Chen, Xun

2012-05-01

We extend the theoretical framework of an independent economy developed by Tao [Phys. Rev. E 82 (2010) 036118] so as to include multiple economies. Since the starting point of our framework is on the basis of the theory of the competitive markets of traditional economics, this framework shall be suitable for any free market. Our study shows that integration of world economies can decrease trade friction among economic systems, but may also cause a global economic crisis whenever economy disequilibrium occurs in any one of these economic systems.

Statistical similarities of pre-earthquake electromagnetic emissions to biological and economic extreme events

Science.gov (United States)

Potirakis, Stelios M.; Contoyiannis, Yiannis; Kopanas, John; Kalimeris, Anastasios; Antonopoulos, George; Peratzakis, Athanasios; Eftaxias, Konstantinos; Nomicos, Costantinos

2014-05-01

When one considers a phenomenon that is "complex" refers to a system whose phenomenological laws that describe the global behavior of the system, are not necessarily directly related to the "microscopic" laws that regulate the evolution of its elementary parts. The field of study of complex systems considers that the dynamics of complex systems are founded on universal principles that may be used to describe disparate problems ranging from particle physics to economies of societies. Several authors have suggested that earthquake (EQ) dynamics can be analyzed within similar mathematical frameworks with economy dynamics, and neurodynamics. A central property of the EQ preparation process is the occurrence of coherent large-scale collective behavior with a very rich structure, resulting from repeated nonlinear interactions among the constituents of the system. As a result, nonextensive statistics is an appropriate, physically meaningful, tool for the study of EQ dynamics. Since the fracture induced electromagnetic (EM) precursors are observable manifestations of the underlying EQ preparation process, the analysis of a fracture induced EM precursor observed prior to the occurrence of a large EQ can also be conducted within the nonextensive statistics framework. Within the frame of the investigation for universal principles that may hold for different dynamical systems that are related to the genesis of extreme events, we present here statistical similarities of the pre-earthquake EM emissions related to an EQ, with the pre-ictal electrical brain activity related to an epileptic seizure, and with the pre-crisis economic observables related to the collapse of a share. It is demonstrated the all three dynamical systems' observables can be analyzed in the frame of nonextensive statistical mechanics, while the frequency-size relations of appropriately defined "events" that precede the extreme event related to each one of these different systems present striking quantitative

Economic statistics for the mining and metallurgical industries: 1990. Statistique economique des industries extractives et metallurgiques annee 1990

Energy Technology Data Exchange (ETDEWEB)

Rzonzef, L.

1991-01-01

Provides economic statistics for the Belgian mining and metallurgical industries in 1990. The review is divided into 4 parts: the extractive industries (including an analysis of the coal market and mines, quarries and associated industries); coke and briquette making; metallurgy (i.e. blast furnaces, steel making, rolling mills and manpower and materials consumption in the steel industry); and the extraction of sand from the Belgian continental shelf. 17 tabs.

THE GROWTH POINTS OF STATISTICAL METHODS

OpenAIRE

Orlov A. I.

2014-01-01

On the basis of a new paradigm of applied mathematical statistics, data analysis and economic-mathematical methods are identified; we have also discussed five topical areas in which modern applied statistics is developing as well as the other statistical methods, i.e. five "growth points" – nonparametric statistics, robustness, computer-statistical methods, statistics of interval data, statistics of non-numeric data

Monthly bulletin of statistics. May 1995

International Nuclear Information System (INIS)

1995-01-01

The purpose of this publication is to present current monthly economic statistics for most of the countries and territories of the world. In addition, each month a different selection of special tables is presented showing annual and/or quarterly data on a variety of subjects illustrating important economic long-term trends and developments. Most of these special tables are also reproduced in the United Nations Statistical Yearbook. It is, however, considered to be useful to publish these data in the Bulletin as soon as they become available so that readers may have immediate access to the most current international statistical information

Monthly bulletin of statistics. January 1996

International Nuclear Information System (INIS)

1996-01-01

The purpose of this publication is to present current monthly economic statistics for most of the countries and territories of the world. In addition, each month a different selection of special tables is presented showing annual and/or quarterly data on a variety of subjects illustrating important economic long-term trends and developments. Most of these special tables are also reproduced in the United Nations Statistical Yearbook. It is, however, considered to be useful to publish these data in the Bulletin as soon as they become available so that readers may have immediate access to the most current international statistical information

Monthly bulletin of statistics. July 1997

International Nuclear Information System (INIS)

1997-01-01

The purpose of this publication is to present current monthly economic statistics for most of the countries and territories of the world. In addition, each month a different selection of special tables is presented showing annual and/or quarterly data on a variety of subjects illustrating important economic long-term trends and developments. Most of these special tables are also reproduced in the United Nations Statistical Yearbook. It is, however, considered to be useful to publish these data in the Bulletin as soon as they become available so that readers may have immediate access to the most current international statistical information

Monthly bulletin of statistics. June 2001

International Nuclear Information System (INIS)

2001-01-01

The purpose of this publication is to present current monthly economic statistics for most of the countries and territories of the world. In addition, each month a different selection of special tables is presented showing annual and/or quarterly data on a variety of subjects illustrating important economic long-term trends and developments. Most of these special tables are also reproduced in the United Nations Statistical Yearbook. It is, however, considered to be useful to publish these data in the Bulletin as soon as they become available so that readers may have immediate access to the most current international statistical information

Monthly bulletin of statistics. September 1995

International Nuclear Information System (INIS)

1995-01-01

The purpose of this publication is to present current monthly economic statistics for most of the countries and territories of the world. In addition, each month a different selection of special tables is presented showing annual and/or quarterly data on a variety of subjects illustrating important economic long-term trends and developments. Most of these special tables are also reproduced in the United Nations Statistical Yearbook. It is, however, considered to be useful to publish these data in the Bulletin as soon as they become available so that readers may have immediate access to the most current international statistical information

Monthly bulletin of statistics. December 1994

International Nuclear Information System (INIS)

1994-01-01

The purpose of this publication is to present current monthly economic statistics for most of the countries and territories of the world. In addition, each month a different selection of special tables is presented showing annual and/or quarterly data on a variety of subjects illustrating important economic long-term trends and developments. Most of these special tables are also reproduced in the United Nations Statistical Yearbook. It is, however, considered to be useful to publish these data in the Bulletin as soon as they become available so that readers may have immediate access to the most current international statistical information

Monthly bulletin of statistics. July 1995

International Nuclear Information System (INIS)

1995-01-01

The purpose of this publication is to present current monthly economic statistics for most of the countries and territories of the world. In addition, each month a different selection of special tables is presented showing annual and/or quarterly data on a variety of subjects illustrating important economic long-term trends and developments. Most of these special tables are also reproduced in the United Nations Statistical Yearbook. It is, however, considered to be useful to publish these data in the Bulletin as soon as they become available so that readers may have immediate access to the most current international statistical information

Monthly bulletin of statistics. September 1994

International Nuclear Information System (INIS)

1994-01-01

The purpose of this publication is to present current monthly economic statistics for most of the countries and territories of the world. In addition, each month a different selection of special tables is presented showing annual and/or quarterly data on a variety of subjects illustrating important economic long-term trends and developments. Most of these special tables are also reproduced in the United Nations Statistical Yearbook. It is, however, considered to be useful to publish these data in the Bulletin as soon as they become available so that readers may have immediate access to the most current international statistical information

Monthly bulletin of statistics. March 1995

International Nuclear Information System (INIS)

1994-01-01

The purpose of this publication is to present current monthly economic statistics for most of the countries and territories of the world. In addition, each month a different selection of special tables is presented showing annual and/or quarterly data on a variety of subjects illustrating important economic long-term trends and developments. Most of these special tables are also reproduced in the United Nations Statistical Yearbook. It is, however, considered to be useful to publish these data in the Bulletin as soon as they become available so that readers may have immediate access to the most current international statistical information

Monthly bulletin of statistics. October 2007

International Nuclear Information System (INIS)

2007-01-01

The purpose of this publication is to present current monthly economic statistics for most of the countries and territories of the world. In addition, each month a different selection of special tables is presented showing annual and/or quarterly data on a variety of subjects illustrating important economic long-term trends and developments. Most of these special tables are also reproduced in the United Nations Statistical Yearbook. It is, however, considered to be useful to publish these data in the Bulletin as soon as they become available so that readers may have immediate access to the most current international statistical information

Monthly bulletin of statistics. October 1993

International Nuclear Information System (INIS)

1993-01-01

The purpose of this publication is to present current monthly economic statistics for most of the countries and territories of the world. In addition, each month a different selection of special tables is presented showing annual and/or quarterly data on a variety of subjects illustrating important economic long-term trends and developments. Most of these special tables are also reproduced in the United Nations Statistical Yearbook. It is, however, considered to be useful to publish these data in the Bulletin as soon as they become available so that readers may have immediate access to the most current international statistical information

Monthly Bulletin of Statistics. July 1993

International Nuclear Information System (INIS)

1993-01-01

The purpose of this publication is to present current monthly economic statistics for most of the countries and territories of the world. In addition, each month a different selection of special tables is presented showing annual and/or quarterly data on a variety of subjects illustrating important economic long-term trends and developments. Most of these special tables are also reproduced in the United Nations Statistical Yearbook. It is, however, considered to be useful to publish these data in the Bulletin as soon as they become available so that readers may have immediate access to the most current international statistical information

Monthly bulletin of statistics. March 1994

International Nuclear Information System (INIS)

1994-01-01

The purpose of this publication is to present current monthly economic statistics for most of the countries and territories of the world. In addition, each month a different selection of special tables is presented showing annual and/or quarterly data on a variety of subjects illustrating important economic long-term trends and developments. Most of these special tables are also reproduced in the United Nations Statistical Yearbook. It is, however, considered to be useful to publish these data in the Bulletin as soon as they become available so that readers may have immediate access to the most current international statistical information

Monthly bulletin of statistics. February 1994

International Nuclear Information System (INIS)

1994-01-01

The purpose of this publication is to present current monthly economic statistics for most of the countries and territories of the world. In addition, each month a different selection of special tables is presented showing annual and/or quarterly data on a variety of subjects illustrating important economic long-term trends and developments. Most of these special tables are also reproduced in the United Nations Statistical Yearbook. It is, however, considered to be useful to publish these data in the Bulletin as soon as they become available so that readers may have immediate access to the most current international statistical information

Monthly bulletin of statistics. June 1995

International Nuclear Information System (INIS)

1995-01-01

The purpose of this publication is to present current monthly economic statistics for most of the countries and territories of the world. In addition, each month a different selection of special tables is presented showing annual and/or quarterly data on a variety of subjects illustrating important economic long-term trends and developments. Most of these special tables are also reproduced in the United Nations Statistical Yearbook. It is, however, considered to be useful to publish these data in the Bulletin as soon as they become available so that readers may have immediate access to the most current international statistical information

Monthly bulletin of statistics. November 2008

International Nuclear Information System (INIS)

2008-01-01

The purpose of this publication is to present current monthly economic statistics for most of the countries and territories of the world. In addition, each month a different selection of special tables is presented showing annual and/or quarterly data on a variety of subjects illustrating important economic long-term trends and developments. Most of these special tables are also reproduced in the United Nations Statistical Yearbook. It is, however, considered to be useful to publish these data in the Bulletin as soon as they become available so that readers may have immediate access to the most current international statistical information

A statistical analysis of aggregates of the total economic account for agriculture of the Czech Republic in 1998–2003

Directory of Open Access Journals (Sweden)

Božena Bodečková

2005-01-01

Full Text Available Results of the statistical analysis of the of the total economic aggregate account for the Czech Republic enabled, in addition to the quantification of its performance, also to asses the developmental tendencies of economic phenomena under study. From this point of view, the most important were the data obtained within the framework of studies on the total output of Czech agricultural industry. Among the major indicators of the production intensity, the level of intermediate consumption was explored as well. This analysis involved also an exact estimation of both gross and net added value because such an analysis enables to express the the final economic effect of agriculture within the framework of the national economy as a whole. A complex approach to the solution of these problems is presented on the base of studies on the structure of both plant and animal production and of the total intermediate consumption

Environmental accounting and statistics

International Nuclear Information System (INIS)

Bartelmus, P.L.P.

1992-01-01

The objective of sustainable development is to integrate environmental concerns with mainstream socio-economic policies. Integrated policies need to be supported by integrated data. Environmental accounting achieves this integration by incorporating environmental costs and benefits into conventional national accounts. Modified accounting aggregates can thus be used in defining and measuring environmentally sound and sustainable economic growth. Further development objectives need to be assessed by more comprehensive, though necessarily less integrative, systems of environmental statistics and indicators. Integrative frameworks for the different statistical systems in the fields of economy, environment and population would facilitate the provision of comparable data for the analysis of integrated development. (author). 19 refs, 2 figs, 2 tabs

Statistical yearbook 2001. Data available as of 15 December 2003. 48 ed

International Nuclear Information System (INIS)

2004-01-01

This is the forty-eight issue of the United Nations Statistical Yearbook, prepared by the Statistics Division, Department of Economic and Social Affairs of the United Nations Secretariat. It contains series covering, in general, 1990-1999 or 1991-2000, based on statistics available to the Statistics Division up to 15 December 2003. The major purpose of the Statistical Yearbook is to provide in a single volume a comprehensive compilation of internationally available statistics on social and economic conditions and activities, at world, regional and national levels, covering roughly a ten-year period. Most of the statistics presented in the Yearbook are extracted from more detailed, specialized publications prepared by the Statistics Division and by many other international statistical services. Thus, while the specialized publications concentrate on monitoring topics and trends in particular social and economic fields, the Statistical Yearbook tables provide data for a more comprehensive, overall description of social and economic structures, conditions, changes and activities. The objective has been to collect, systematize and coordinate the most essential components of comparable statistical information which can give a broad and, to the extent feasible, a consistent picture of social and economic processes at world, regional and national levels. More specifically, the Statistical Yearbook provides systematic information on a wide range of social and economic issues which are of concern in the United Nations system and among the governments and peoples of the world. A particular value of the Yearbook, but also its greatest challenge, is that these issues are extensively interrelated. Meaningful analysis of these issues requires systematization and coordination of the data across many fields. These issues include: General economic growth and related economic conditions; economic situation in developing countries and progress towards the objectives adopted for the

Implementing the “Big Data” Concept in Official Statistics

OpenAIRE

О. V.

2017-01-01

Big data is a huge resource that needs to be used at all levels of economic planning. The article is devoted to the study of the development of the concept of “Big Data” in the world and its impact on the transformation of statistical simulation of economic processes. Statistics at the current stage should take into account the complex system of international economic relations, which functions in the conditions of globalization and brings new forms of economic development in small open ec...

USING GEM - GLOBAL ECONOMIC MODEL IN ACHIEVING A GLOBAL ECONOMIC FORECAST

Directory of Open Access Journals (Sweden)

Camelia Madalina Orac

2013-12-01

Full Text Available The global economic development model has proved to be insufficiently reliable under the new economic crisis. As a result, the entire theoretical construction about the global economy needs rethinking and reorientation. In this context, it is quite clear that only through effective use of specific techniques and tools of economic-mathematical modeling, statistics, regional analysis and economic forecasting it is possible to obtain an overview of the future economy.

Beyond Statistics: The Economic Content of Risk Scores

Science.gov (United States)

Einav, Liran; Finkelstein, Amy; Kluender, Raymond

2016-01-01

“Big data” and statistical techniques to score potential transactions have transformed insurance and credit markets. In this paper, we observe that these widely-used statistical scores summarize a much richer heterogeneity, and may be endogenous to the context in which they get applied. We demonstrate this point empirically using data from Medicare Part D, showing that risk scores confound underlying health and endogenous spending response to insurance. We then illustrate theoretically that when individuals have heterogeneous behavioral responses to contracts, strategic incentives for cream skimming can still exist, even in the presence of “perfect” risk scoring under a given contract. PMID:27429712

The Concise Encyclopedia of Statistics

CERN Document Server

Dodge, Yadolah

2008-01-01

The Concise Encyclopedia of Statistics presents the essential information about statistical tests, concepts, and analytical methods in language that is accessible to practitioners and students of the vast community using statistics in medicine, engineering, physical science, life science, social science, and business/economics. The reference is alphabetically arranged to provide quick access to the fundamental tools of statistical methodology and biographies of famous statisticians. The more than 500 entries include definitions, history, mathematical details, limitations, examples, references,

Applied statistics for business and economics

CERN Document Server

Leekley, Robert M

2010-01-01

While there are numerous texts on the market with the same goal, this text takes a practical and effective approach to engaging students with a topic that, as the author notes, they are most likely not that interested in learning. The text accomplishes this goal quite well. … It is written in a very straightforward and understandable manner that fits its intended audience quite well. … Given that there are dozens of introductory statistics texts on the market. it has become exceedingly difficult to create one that can be truly differentiated from the rest. However, in this case, the author app

Topics in theoretical and applied statistics

CERN Document Server

Giommi, Andrea

2016-01-01

This book highlights the latest research findings from the 46th International Meeting of the Italian Statistical Society (SIS) in Rome, during which both methodological and applied statistical research was discussed. This selection of fully peer-reviewed papers, originally presented at the meeting, addresses a broad range of topics, including the theory of statistical inference; data mining and multivariate statistical analysis; survey methodologies; analysis of social, demographic and health data; and economic statistics and econometrics.

Use of economic statistical method with the analysis of capital expenditure (on the basis of the coal industry)

Energy Technology Data Exchange (ETDEWEB)

Zhidchenko, N V

1979-01-01

It is shown, that the effective method in analyzing capital expenditure is the use of the economic statistical method. It is a result of the fact that capital expenditure is formed under the influence of a number of factors. On the basis of the coal industry, a model of capital expenditure, in which we found reflection of mining geological, technical, and technical conditions of production, was constructed. A level of capital expenditure is analyzed for various groups of mines and recommendations of a better use of basic industrial capital at coal enterprises is analyzed.

Industrial commodity statistics yearbook 2001. Production statistics (1992-2001)

International Nuclear Information System (INIS)

2003-01-01

This is the thirty-fifth in a series of annual compilations of statistics on world industry designed to meet both the general demand for information of this kind and the special requirements of the United Nations and related international bodies. Beginning with the 1992 edition, the title of the publication was changed to industrial Commodity Statistics Yearbook as the result of a decision made by the United Nations Statistical Commission at its twenty-seventh session to discontinue, effective 1994, publication of the Industrial Statistics Yearbook, volume I, General Industrial Statistics by the Statistics Division of the United Nations. The United Nations Industrial Development Organization (UNIDO) has become responsible for the collection and dissemination of general industrial statistics while the Statistics Division of the United Nations continues to be responsible for industrial commodity production statistics. The previous title, Industrial Statistics Yearbook, volume II, Commodity Production Statistics, was introduced in the 1982 edition. The first seven editions in this series were published under the title The Growth of World industry and the next eight editions under the title Yearbook of Industrial Statistics. This edition of the Yearbook contains annual quantity data on production of industrial commodities by country, geographical region, economic grouping and for the world. A standard list of about 530 commodities (about 590 statistical series) has been adopted for the publication. The statistics refer to the ten-year period 1992-2001 for about 200 countries and areas

Industrial commodity statistics yearbook 2002. Production statistics (1993-2002)

International Nuclear Information System (INIS)

2004-01-01

This is the thirty-sixth in a series of annual compilations of statistics on world industry designed to meet both the general demand for information of this kind and the special requirements of the United Nations and related international bodies. Beginning with the 1992 edition, the title of the publication was changed to industrial Commodity Statistics Yearbook as the result of a decision made by the United Nations Statistical Commission at its twenty-seventh session to discontinue, effective 1994, publication of the Industrial Statistics Yearbook, volume I, General Industrial Statistics by the Statistics Division of the United Nations. The United Nations Industrial Development Organization (UNIDO) has become responsible for the collection and dissemination of general industrial statistics while the Statistics Division of the United Nations continues to be responsible for industrial commodity production statistics. The previous title, Industrial Statistics Yearbook, volume II, Commodity Production Statistics, was introduced in the 1982 edition. The first seven editions in this series were published under the title 'The Growth of World industry' and the next eight editions under the title 'Yearbook of Industrial Statistics'. This edition of the Yearbook contains annual quantity data on production of industrial commodities by country, geographical region, economic grouping and for the world. A standard list of about 530 commodities (about 590 statistical series) has been adopted for the publication. The statistics refer to the ten-year period 1993-2002 for about 200 countries and areas

Industrial commodity statistics yearbook 2000. Production statistics (1991-2000)

International Nuclear Information System (INIS)

2002-01-01

This is the thirty-third in a series of annual compilations of statistics on world industry designed to meet both the general demand for information of this kind and the special requirements of the United Nations and related international bodies. Beginning with the 1992 edition, the title of the publication was changed to industrial Commodity Statistics Yearbook as the result of a decision made by the United Nations Statistical Commission at its twenty-seventh session to discontinue, effective 1994, publication of the Industrial Statistics Yearbook, volume I, General Industrial Statistics by the Statistics Division of the United Nations. The United Nations Industrial Development Organization (UNIDO) has become responsible for the collection and dissemination of general industrial statistics while the Statistics Division of the United Nations continues to be responsible for industrial commodity production statistics. The previous title, Industrial Statistics Yearbook, volume II, Commodity Production Statistics, was introduced in the 1982 edition. The first seven editions in this series were published under the title The Growth of World industry and the next eight editions under the title Yearbook of Industrial Statistics. This edition of the Yearbook contains annual quantity data on production of industrial commodities by country, geographical region, economic grouping and for the world. A standard list of about 530 commodities (about 590 statistical series) has been adopted for the publication. Most of the statistics refer to the ten-year period 1991-2000 for about 200 countries and areas

The Role of Statistics in Kosovo Enterprises

Science.gov (United States)

Gjonbalaj, Muje; Dema, Marjan; Miftari, Iliriana

2009-01-01

Considering science as the main contributor to contemporary developments has encouraged us to raise a scientific discussion regarding the role of statistics in business decision-making and economic development. Statistics, as an applicative science, is growing and being widely applied in different fields and professions. Statistical thinking is…

Causality Statistical Perspectives and Applications

CERN Document Server

Berzuini, Carlo; Bernardinell, Luisa

2012-01-01

A state of the art volume on statistical causality Causality: Statistical Perspectives and Applications presents a wide-ranging collection of seminal contributions by renowned experts in the field, providing a thorough treatment of all aspects of statistical causality. It covers the various formalisms in current use, methods for applying them to specific problems, and the special requirements of a range of examples from medicine, biology and economics to political science. This book:Provides a clear account and comparison of formal languages, concepts and models for statistical causality. Addr

Implementing the “Big Data” Concept in Official Statistics

Directory of Open Access Journals (Sweden)

О. V.

2017-02-01

Full Text Available Big data is a huge resource that needs to be used at all levels of economic planning. The article is devoted to the study of the development of the concept of “Big Data” in the world and its impact on the transformation of statistical simulation of economic processes. Statistics at the current stage should take into account the complex system of international economic relations, which functions in the conditions of globalization and brings new forms of economic development in small open economies. Statistical science should take into account such phenomena as gig-economy, common economy, institutional factors, etc. The concept of “Big Data” and open data are analyzed, problems of implementation of “Big Data” in the official statistics are shown. The ways of implementation of “Big Data” in the official statistics of Ukraine through active use of technological opportunities of mobile operators, navigation systems, surveillance cameras, social networks, etc. are presented. The possibilities of using “Big Data” in different sectors of the economy, also on the level of companies are shown. The problems of storage of large volumes of data are highlighted. The study shows that “Big Data” is a huge resource that should be used across the Ukrainian economy.

Study guide for Statistics for business and financial economics a supplement to the textbook by Cheng-Few Lee, John C. Lee and Alice C. Lee

CERN Document Server

Moy, Ronald L; Kao, Lie Jane

2015-01-01

This Study Guide accompanies Statistics for Business and Financial Economics, 3rd Ed. (Springer, 2013), which is a business statistics textbook that uses finance, economics, and accounting data throughout the book. This Study Guide contains unique chapter reviews for each chapter in the textbook, formulas, examples, and additional exercises to enhance topics and their application. Solutions are included so students can evaluate their own understanding of the material. With more real-life data sets than the other books on the market, this study guide and the textbook that it accompanies, give readers all the tools they need to learn material in class and on their own. The topics covered are immediately applicable to facing uncertainty and the science of good decision making in financial analysis, econometrics, auditing, production, operations, and marketing research. Students in business degree programs will find this material particularly useful in their other courses and future work.

Statistical ensembles for money and debt

Science.gov (United States)

Viaggiu, Stefano; Lionetto, Andrea; Bargigli, Leonardo; Longo, Michele

2012-10-01

We build a statistical ensemble representation of two economic models describing respectively, in simplified terms, a payment system and a credit market. To this purpose we adopt the Boltzmann-Gibbs distribution where the role of the Hamiltonian is taken by the total money supply (i.e. including money created from debt) of a set of interacting economic agents. As a result, we can read the main thermodynamic quantities in terms of monetary ones. In particular, we define for the credit market model a work term which is related to the impact of monetary policy on credit creation. Furthermore, with our formalism we recover and extend some results concerning the temperature of an economic system, previously presented in the literature by considering only the monetary base as a conserved quantity. Finally, we study the statistical ensemble for the Pareto distribution.

Statistical Assessment of the Effectiveness of Transformation Change (by Case of Singapore

Directory of Open Access Journals (Sweden)

Zhuravlyov

2017-02-01

Full Text Available In studies of economic transformations and their statistical assessment, the causality of processes specific to economic relations and development of institutions is overlooked. The article is devoted to the important topic of statistical assessment of the transformations effectiveness. The case of Singapore is taken because it is an Asian country demonstrating the essential role of the institutional environment in the national economy transformations. The regression analysis of the impact of institutional factors on economic growth in Singapore is made using 17 indicators: civil freedoms, corruption, economic freedom, economic globalization, spending on education, use of energy, share of women at labor market, fiscal freedom, price for fuel, PPP, effectiveness of public administration, level of consumption, Human Development Index, Internet users, life expectancy, unemployment, openness of trade. Economic interpretation of the statistical assessment of economic transformations in Singapore is as follows: quality of the institutional environment (control of corruption, economic freedom, supremacy of law etc. has critical importance for economic development in Singapore; the increasing spending on education has positive effects for economic growth in Singapore; economic growth in Singapore has high positive correlation with energy consumption.

Statistical mechanics in a nutshell

CERN Document Server

Peliti, Luca

2011-01-01

Statistical mechanics is one of the most exciting areas of physics today, and it also has applications to subjects as diverse as economics, social behavior, algorithmic theory, and evolutionary biology. Statistical Mechanics in a Nutshell offers the most concise, self-contained introduction to this rapidly developing field. Requiring only a background in elementary calculus and elementary mechanics, this book starts with the basics, introduces the most important developments in classical statistical mechanics over the last thirty years, and guides readers to the very threshold of today

Models of Economic Analysis

OpenAIRE

Adrian Ioana; Tiberiu Socaciu

2013-01-01

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

A statistical test of the stability assumption inherent in empirical estimates of economic depreciation.

Science.gov (United States)

Shriver, K A

1986-01-01

Realistic estimates of economic depreciation are required for analyses of tax policy, economic growth and production, and national income and wealth. THe purpose of this paper is to examine the stability assumption underlying the econometric derivation of empirical estimates of economic depreciation for industrial machinery and and equipment. The results suggest that a reasonable stability of economic depreciation rates of decline may exist over time. Thus, the assumption of a constant rate of economic depreciation may be a reasonable approximation for further empirical economic analyses.

Department of Economics and Statistics, University of Benin, Benin ...

African Journals Online (AJOL)

Siphambe H (Prof)

BOJE: Botswana Journal of Economics. 40. Import Penetration, FDI Inflows and Non-Oil Export Performance in Nigeria (1981-2012): A .... enters the foreign market, which are demand factors and, inflation rate, exchange rate, import ... contribution to GDP, compared to the share and contribution of oil export in/to total export ...

On the Relation Between Management and Economics from the Perspective of Institutional Statistics

Directory of Open Access Journals (Sweden)

Dan Yang

2007-10-01

Full Text Available Every country's economic development affects all levels of its society and thus the results of its social science research. To make social science research better serve their economic development, many countries have established social science research institutes, among which are management research institutes more related to economic research institutes. Through comparative research of the locations and founding dates of the institutes in different countries, this article analyses the development trends and the relationship between economics and management research, providing us with the relevant experience and background for planning purposes.

Fundamental Fields of Post-Schumpeterian Evolutionary Economics

DEFF Research Database (Denmark)

Andersen, Esben Sloth

2014-01-01

economic evolution as a process of the innovative renewal of business routines. He also explored the idea that the development of economics requires coordinated efforts within the “fundamental fields” of theory, history, statistics, and economic sociology. The paper applies this idea in an analysis...

Fundamental fields of post-Schumpeterian evolutionary economics

DEFF Research Database (Denmark)

Andersen, Esben Sloth

economic evolution as a process of the innovative renewal of business routines. He also explored the idea that the development of economics requires coordinated efforts within the “fundamental fields” of theory, history, statistics, and economic sociology. The paper applies this idea in an analysis...

From Quality to Information Quality in Official Statistics

Directory of Open Access Journals (Sweden)

Kenett Ron S.

2016-12-01

Full Text Available The term quality of statistical data, developed and used in official statistics and international organizations such as the International Monetary Fund (IMF and the Organisation for Economic Co-operation and Development (OECD, refers to the usefulness of summary statistics generated by producers of official statistics. Similarly, in the context of survey quality, official agencies such as Eurostat, National Center for Science and Engineering Statistics (NCSES, and Statistics Canada have created dimensions for evaluating the quality of a survey and its ability to report ‘accurate survey data’.

Economic integration and cross-border economic organizations: The case of San Diego-Tijuana

Directory of Open Access Journals (Sweden)

Jorge Eduardo Mendoza Cota

2017-01-01

Full Text Available The economic integration between the United States and Mexico has affected the economic, political and social relations in the border region. The paper seeks to relate the increasing economic integration and business cycles of the economies of San Diego and Tijuana to the development of both national and binational economic organizations in the border region. The methodology of analysis uses both statistical estimations of the economic integration of San Diego and Tijuana and semi-structured interviews of economic organizations to analyze the increasing economic integration and the role and achievements of the cross-border economic organizations. The results showed that cross-border cooperation is predominately controlled by federal and state governments on both sides of the border. However, the main achievements of cross-border economic cooperation have been accomplished by local private organizations. The perspective of further local economic development greatly depends on both the possibility of increased involvement of federal governments and the growing encouragement of regional organizations.

Application of Statistical Increase in Industrial Quality

International Nuclear Information System (INIS)

Akhmad-Fauzy

2000-01-01

Application of statistical method in industrial field is slightly newcompared with agricultural and biology. Statistical method which is appliedin industrial field more focus on industrial system control and useful formaintaining economical control of produce quality which is produced on bigscale. Application of statistical method in industrial field has increasedrapidly. This fact is supported by release of ISO 9000 quality system in 1987as international quality standard which is adopted by more than 100countries. (author)

THE INTEGRATED SHORT-TERM STATISTICAL SURVEYS: EXPERIENCE OF NBS IN MOLDOVA

Directory of Open Access Journals (Sweden)

Oleg CARA

2012-07-01

Full Text Available The users’ rising need for relevant, reliable, coherent, timely data for the early diagnosis of the economic vulnerability and of the turning points in the business cycles, especially during a financial and economic crisis, asks for a prompt answer, coordinated by statistical institutions. High quality short term statistics are of special interest for the emerging market economies, such as the Moldavian one, being extremely vulnerable when facing economic recession. Answering to the challenges of producing a coherent and adequate image of the economic activity, by using the system of indicators and definitions efficiently applied at the level of the European Union, the National Bureau of Statistics (NBS of the Republic of Moldova has launched the development process of an integrated system of short term statistics (STS based on the advanced international experience.Thus, in 2011, BNS implemented the integrated statistical survey on STS based on consistent concepts, harmonized with the EU standards. The integration of the production processes, which were previously separated, is based on a common technical infrastructure, standardized procedures and techniques for data production. The achievement of this complex survey with holistic approach has allowed the consolidation of the statistical data quality, comparable at European level and the signifi cant reduction of information burden on business units, especially of small size.The reformation of STS based on the integrated survey has been possible thanks to the consistent methodological and practical support given to NBS by the National Institute of Statistics (INS of Romania, for which we would like to thank to our Romanian colleagues.

Econophysics and physical economics

CERN Document Server

Richmond, Peter; Hutzler, Stefan

2013-01-01

An understanding of the behaviour of financial assets and the evolution of economies has never been as important as today. This book looks at these complex systems from the perspective of the physicist. So called 'econophysics' and its application to finance has made great strides in recent years. Less emphasis has been placed on the broader subject of macroeconomics and many economics students are still taught traditional neo-classical economics. The reader is given a general primer in statistical physics, probability theory, and use of correlation functions. Much of the mathematics that is developed is frequently no longer included in undergraduate physics courses. The statistical physics of Boltzmann and Gibbs is one of the oldest disciplines within physics and it can be argued that it was first applied to ensembles of molecules as opposed to being applied to social agents only by way of historical accident. The authors argue by analogy that the theory can be applied directly to economic systems comprising...

Behavioural, Financial, and Health & Medical Economics: A Connection

OpenAIRE

Chang, Chia-Lin; McAleer, Michael; Wong, Wing-Keung

2015-01-01

textabstractThis Opinion article briefly reviews some of the literature in behavioural and financial economics that are related to health & medical economics. We then discuss some of the research on behavioural and financial economics that could be extended to health & medical economics beyond the existing areas in theory, statistics and econometrics.

Teaching statistics a bag of tricks

CERN Document Server

Gelman, Andrew

2002-01-01

Students in the sciences, economics, psychology, social sciences, and medicine take introductory statistics. Statistics is increasingly offered at the high school level as well. However, statistics can be notoriously difficult to teach as it is seen by many students as difficult and boring, if not irrelevant to their subject of choice. To help dispel these misconceptions, Gelman and Nolan have put together this fascinating and thought-provoking book. Based on years of teachingexperience the book provides a wealth of demonstrations, examples and projects that involve active student participatio

Characterizing Financial and Statistical Literacy

DEFF Research Database (Denmark)

Di Girolamo, Amalia; Harrison, Glenn W.; Lau, Morten

We characterize the literacy of an individual in a domain by their elicited subjective belief distribution over the possible responses to a question posed in that domain. We consider literacy across several financial, economic and statistical domains. We find considerable demographic heterogeneity...

Statistical data on butane and kerosene in West Africa

International Nuclear Information System (INIS)

Masse, R.

1990-01-01

This book gives statistical, technical and economical informations on butane and kerosene used in West Africa in 1990. In a first part, informations on gas and gas using are given: market, energy efficiency, performance, safety, distribution, storage, transport and commercialization. Statistical data on petroleum and natural gas production or consumption are also described. Natural gas and petroleum reserves in Africa are also studied. In the second part, thirty country entries give an economic analysis of each african country. 21 figs., 19 tabs., 5 maps

Export and Economic Growth in the West Balkan Countries

Directory of Open Access Journals (Sweden)

Florentina Xhelili Krasniqi

2017-09-01

Full Text Available The aim of this paper is to explore the effects of exports and other variables (foreign direct investment, remittances, capital formation, and labour force on economic growth in West Balkan countries (Albania, Kosovo, Macedonia, Montenegro, Bosnia and Herzegovina and Serbia. This study utilizes a strongly balanced panel data over the 2005-2015 period for Western Balkan countries using the ordinary least squares method (OLS, ie Pooled regression model to evaluate the parameters. The relationship between export and economic growth has turned to be statistically significant and positively related for the countries under the study. Results also indicate the statistically significant positive relationship between economic growth and other variables included in the model such is remittances, capital formation, and labor. The relationship between economic growth and foreign direct investment has turned out to be statistically insignificant and negatively related.

The Economic Value of Predicting Bond Risk Premia

DEFF Research Database (Denmark)

Sarno, Lucio; Schneider, Paul; Wagner, Christian

the expectations hypothesis (EH) out-ofsample: the forecasts do not add economic value compared to using the average historical excess return as an EH-consistent estimate of constant risk premia. We show that in general statistical signicance does not necessarily translate into economic signicance because EH...... deviations mainly matter at short horizons and standard predictability metrics are not compatible with common measures of economic value. Overall, the EH remains the benchmark for investment decisions and should be considered an economic prior in models of bond risk premia.......This paper studies whether the evident statistical predictability of bond risk premia translates into economic gains for bond investors. We show that ane term structure models (ATSMs) estimated by jointly tting yields and bond excess returns capture this predictive information otherwise hidden...

Statistics and finance an introduction

CERN Document Server

Ruppert, David

2004-01-01

This textbook emphasizes the applications of statistics and probability to finance. Students are assumed to have had a prior course in statistics, but no background in finance or economics. The basics of probability and statistics are reviewed and more advanced topics in statistics, such as regression, ARMA and GARCH models, the bootstrap, and nonparametric regression using splines, are introduced as needed. The book covers the classical methods of finance such as portfolio theory, CAPM, and the Black-Scholes formula, and it introduces the somewhat newer area of behavioral finance. Applications and use of MATLAB and SAS software are stressed. The book will serve as a text in courses aimed at advanced undergraduates and masters students in statistics, engineering, and applied mathematics as well as quantitatively oriented MBA students. Those in the finance industry wishing to know more statistics could also use it for self-study. David Ruppert is the Andrew Schultz, Jr. Professor of Engineering, School of Oper...

Working females : a modern statistical approach

OpenAIRE

Kuhlenkasper, Torben

2010-01-01

The thesis analyzes the changing employment and economic situation of females when they become mothers. Two major questions are focused in the thesis: First, when do mothers return to their previous employment after bearing a child? Secondly, what are the individual economic consequences after having returned to the labor market? Both questions are analyzed empirically with latest statistical methods. The first major part of the thesis, corresponding to the above first motivated question, ...

Spatial Economics Model Predicting Transport Volume

Directory of Open Access Journals (Sweden)

Lu Bo

2016-10-01

Full Text Available It is extremely important to predict the logistics requirements in a scientific and rational way. However, in recent years, the improvement effect on the prediction method is not very significant and the traditional statistical prediction method has the defects of low precision and poor interpretation of the prediction model, which cannot only guarantee the generalization ability of the prediction model theoretically, but also cannot explain the models effectively. Therefore, in combination with the theories of the spatial economics, industrial economics, and neo-classical economics, taking city of Zhuanghe as the research object, the study identifies the leading industry that can produce a large number of cargoes, and further predicts the static logistics generation of the Zhuanghe and hinterlands. By integrating various factors that can affect the regional logistics requirements, this study established a logistics requirements potential model from the aspect of spatial economic principles, and expanded the way of logistics requirements prediction from the single statistical principles to an new area of special and regional economics.

The Budget and Economic Outlook: 2017 to 2027

Science.gov (United States)

2017-01-01

creditworthiness and access to credit. Overall, households’ debt and debt-service payments are currently low, as are delinquency rates on consumer...differences in the economic news available when the forecasts were completed and differences in the economic and statistical models used. Appendix A... Statistics , and the Federal Reserve. Real GDP is the output of the economy adjusted to remove the effects of inflation. The unemployment rate is a measure

14 CFR 291.41 - Financial and statistical reporting-general.

Science.gov (United States)

2010-01-01

... 14 Aeronautics and Space 4 2010-01-01 2010-01-01 false Financial and statistical reporting-general... (AVIATION PROCEEDINGS) ECONOMIC REGULATIONS CARGO OPERATIONS IN INTERSTATE AIR TRANSPORTATION Reporting Rules § 291.41 Financial and statistical reporting—general. (a) Carriers providing cargo operations in...

The Economic Value of Predicting Bond Risk Premia

DEFF Research Database (Denmark)

Sarno, Lucio; Schneider, Paul; Wagner, Christian

2016-01-01

evaluation. More specifically, the model mostly generates positive (negative) economic value during times of high (low) macroeconomic uncertainty. Overall, the expectations hypothesis remains a useful benchmark for investment decisions in bond markets, especially in low uncertainty states.......This paper studies whether the evident statistical predictability of bond risk premia translates into economic gains for investors. We propose a novel estimation strategy for affine term structure models that jointly fits yields and bond excess returns, thereby capturing predictive information...... otherwise hidden to standard estimations. The model predicts excess returns with high regression R2s and high forecast accuracy but cannot outperform the expectations hypothesis out-of-sample in terms of economic value, showing a general contrast between statistical and economic metrics of forecast...

Studies in Theoretical and Applied Statistics

CERN Document Server

Pratesi, Monica; Ruiz-Gazen, Anne

2018-01-01

This book includes a wide selection of the papers presented at the 48th Scientific Meeting of the Italian Statistical Society (SIS2016), held in Salerno on 8-10 June 2016. Covering a wide variety of topics ranging from modern data sources and survey design issues to measuring sustainable development, it provides a comprehensive overview of the current Italian scientific research in the fields of open data and big data in public administration and official statistics, survey sampling, ordinal and symbolic data, statistical models and methods for network data, time series forecasting, spatial analysis, environmental statistics, economic and financial data analysis, statistics in the education system, and sustainable development. Intended for researchers interested in theoretical and empirical issues, this volume provides interesting starting points for further research.

Economics and subjectivities of wellbeing in rural Zambia

OpenAIRE

White, Sarah; Ramirez, Viviana

2015-01-01

Mixed method research in Chiawa rural Zambia explores the importance of the economic within subjective dimensions of wellbeing. Statistical analysis shows a close relationship between subjective economic confidence and overall happiness, and that objective economic status predicts some subjective dimensions of wellbeing. Qualitative analysis explores the role of economic capacity in forging (male) gender identities; the emphasis on reciprocity and a moral economy; and the use of economics as ...

Statistical Methods for Fuzzy Data

CERN Document Server

Viertl, Reinhard

2011-01-01

Statistical data are not always precise numbers, or vectors, or categories. Real data are frequently what is called fuzzy. Examples where this fuzziness is obvious are quality of life data, environmental, biological, medical, sociological and economics data. Also the results of measurements can be best described by using fuzzy numbers and fuzzy vectors respectively. Statistical analysis methods have to be adapted for the analysis of fuzzy data. In this book, the foundations of the description of fuzzy data are explained, including methods on how to obtain the characterizing function of fuzzy m

Probabilistic sensitivity analysis in health economics.

Science.gov (United States)

Baio, Gianluca; Dawid, A Philip

2015-12-01

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

Tax Shift by Economic Functions and Its Effect on Economic Growth in the European Union

Directory of Open Access Journals (Sweden)

Irena Szarowská

2015-01-01

Full Text Available The aim of the paper is to examine effects of tax shift on economic growth and provide a direct empirical evidence in the European Union (EU. It is used the Eurostat’s definition to categorize tax burden by economic functions and implicit tax rates of consumption, labour and capital are investigated. First, paper summarizes main development of tax shift in a whole EU till 2014 and followed empirical analysis is based on annual panel data of 22 EU Member States in years 1995–2012 (time span is divided into a pre-crisis and a post-crisis period. Explanatory variables are not examined in individual regressions, but the study uses Generalized Method of Moments applied on dynamic panel data and estimations are based on Arellan-Bond estimator (1991. Results confirm positive and statistically significant impact of consumption taxes and weaker but negative effect of labour taxation on economic growth. In a post-crisis period, findings report raising labour taxes as the strongest and the only significant variable. It suggests that harmful effect of labour taxation is enlarging in a time of unfavorable economic conditions. A tax shift on capital taxation has negative but often statistically insignificant impact on economic growth.

Transportation Statistics Annual Report 1997

Energy Technology Data Exchange (ETDEWEB)

Fenn, M.

1997-01-01

This document is the fourth Transportation Statistics Annual Report (TSAR) prepared by the Bureau of Transportation Statistics (BTS) for the President and Congress. As in previous years, it reports on the state of U.S. transportation system at two levels. First, in Part I, it provides a statistical and interpretive survey of the system—its physical characteristics, its economic attributes, aspects of its use and performance, and the scale and severity of unintended consequences of transportation, such as fatalities and injuries, oil import dependency, and environment impacts. Part I also explores the state of transportation statistics, and new needs of the rapidly changing world of transportation. Second, Part II of the report, as in prior years, explores in detail the performance of the U.S. transportation system from the perspective of desired social outcomes or strategic goals. This year, the performance aspect of transportation chosen for thematic treatment is “Mobility and Access,” which complements past TSAR theme sections on “The Economic Performance of Transportation” (1995) and “Transportation and the Environment” (1996). Mobility and access are at the heart of the transportation system’s performance from the user’s perspective. In what ways and to what extent does the geographic freedom provided by transportation enhance personal fulfillment of the nation’s residents and contribute to economic advancement of people and businesses? This broad question underlies many of the topics examined in Part II: What is the current level of personal mobility in the United States, and how does it vary by sex, age, income level, urban or rural location, and over time? What factors explain variations? Has transportation helped improve people’s access to work, shopping, recreational facilities, and medical services, and in what ways and in what locations? How have barriers, such as age, disabilities, or lack of an automobile, affected these

Advances in statistical models for data analysis

CERN Document Server

Minerva, Tommaso; Vichi, Maurizio

2015-01-01

This edited volume focuses on recent research results in classification, multivariate statistics and machine learning and highlights advances in statistical models for data analysis. The volume provides both methodological developments and contributions to a wide range of application areas such as economics, marketing, education, social sciences and environment. The papers in this volume were first presented at the 9th biannual meeting of the Classification and Data Analysis Group (CLADAG) of the Italian Statistical Society, held in September 2013 at the University of Modena and Reggio Emilia, Italy.

[Big data in official statistics].

Science.gov (United States)

Zwick, Markus

2015-08-01

The concept of "big data" stands to change the face of official statistics over the coming years, having an impact on almost all aspects of data production. The tasks of future statisticians will not necessarily be to produce new data, but rather to identify and make use of existing data to adequately describe social and economic phenomena. Until big data can be used correctly in official statistics, a lot of questions need to be answered and problems solved: the quality of data, data protection, privacy, and the sustainable availability are some of the more pressing issues to be addressed. The essential skills of official statisticians will undoubtedly change, and this implies a number of challenges to be faced by statistical education systems, in universities, and inside the statistical offices. The national statistical offices of the European Union have concluded a concrete strategy for exploring the possibilities of big data for official statistics, by means of the Big Data Roadmap and Action Plan 1.0. This is an important first step and will have a significant influence on implementing the concept of big data inside the statistical offices of Germany.

Reconstructing Macroeconomics Based on Statistical Physics

Science.gov (United States)

Aoki, Masanao; Yoshikawa, Hiroshi

We believe that time has come to integrate the new approach based on statistical physics or econophysics into macroeconomics. Toward this goal, there must be more dialogues between physicists and economists. In this paper, we argue that there is no reason why the methods of statistical physics so successful in many fields of natural sciences cannot be usefully applied to macroeconomics that is meant to analyze the macroeconomy comprising a large number of economic agents. It is, in fact, weird to regard the macroeconomy as a homothetic enlargement of the representative micro agent. We trust the bright future of the new approach to macroeconomies based on statistical physics.

A New Statistical Method to Determine the Degree of Validity of Health Economic Model Outcomes against Empirical Data.

Science.gov (United States)

Corro Ramos, Isaac; van Voorn, George A K; Vemer, Pepijn; Feenstra, Talitha L; Al, Maiwenn J

2017-09-01

The validation of health economic (HE) model outcomes against empirical data is of key importance. Although statistical testing seems applicable, guidelines for the validation of HE models lack guidance on statistical validation, and actual validation efforts often present subjective judgment of graphs and point estimates. To discuss the applicability of existing validation techniques and to present a new method for quantifying the degrees of validity statistically, which is useful for decision makers. A new Bayesian method is proposed to determine how well HE model outcomes compare with empirical data. Validity is based on a pre-established accuracy interval in which the model outcomes should fall. The method uses the outcomes of a probabilistic sensitivity analysis and results in a posterior distribution around the probability that HE model outcomes can be regarded as valid. We use a published diabetes model (Modelling Integrated Care for Diabetes based on Observational data) to validate the outcome "number of patients who are on dialysis or with end-stage renal disease." Results indicate that a high probability of a valid outcome is associated with relatively wide accuracy intervals. In particular, 25% deviation from the observed outcome implied approximately 60% expected validity. Current practice in HE model validation can be improved by using an alternative method based on assessing whether the model outcomes fit to empirical data at a predefined level of accuracy. This method has the advantage of assessing both model bias and parameter uncertainty and resulting in a quantitative measure of the degree of validity that penalizes models predicting the mean of an outcome correctly but with overly wide credible intervals. Copyright © 2017 International Society for Pharmacoeconomics and Outcomes Research (ISPOR). Published by Elsevier Inc. All rights reserved.

Statistical Compilation of the ICT Sector and Policy Analysis | CRDI ...

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

Statistical Compilation of the ICT Sector and Policy Analysis. As the presence and influence of information and communication technologies (ICTs) continues to widen and deepen, so too does its impact on economic development. However, much work needs to be done before the linkages between economic development ...

Statistical Compilation of the ICT Sector and Policy Analysis | IDRC ...

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

Statistical Compilation of the ICT Sector and Policy Analysis. As the presence and influence of information and communication technologies (ICTs) continues to widen and deepen, so too does its impact on economic development. However, much work needs to be done before the linkages between economic development ...

Bayesian statistic methods and theri application in probabilistic simulation models

Directory of Open Access Journals (Sweden)

Sergio Iannazzo

2007-03-01

Full Text Available Bayesian statistic methods are facing a rapidly growing level of interest and acceptance in the field of health economics. The reasons of this success are probably to be found on the theoretical fundaments of the discipline that make these techniques more appealing to decision analysis. To this point should be added the modern IT progress that has developed different flexible and powerful statistical software framework. Among them probably one of the most noticeably is the BUGS language project and its standalone application for MS Windows WinBUGS. Scope of this paper is to introduce the subject and to show some interesting applications of WinBUGS in developing complex economical models based on Markov chains. The advantages of this approach reside on the elegance of the code produced and in its capability to easily develop probabilistic simulations. Moreover an example of the integration of bayesian inference models in a Markov model is shown. This last feature let the analyst conduce statistical analyses on the available sources of evidence and exploit them directly as inputs in the economic model.

Statistical yearbook. 1999. Data available as of 30 November 2001. 46 ed. Annuaire statistique. 1999. Donnees disponibles au 30 novembre 2001

International Nuclear Information System (INIS)

2002-01-01

This is the forty-sixth issue of the United Nations Statistical Yearbook, prepared by the Statistics Division, Department of Economic and Social Affairs of the United Nations Secretariat. It contains series covering, in general, 1990-1999 or 1991-2000, based on statistics available to the Statistics Division up to 30 November 2001. The major purpose of the Statistical Yearbook is to provide in a single volume a comprehensive compilation of internationally available statistics on social and economic conditions and activities, at world, regional and national levels, covering roughly a ten-year period. Most of the statistics presented in the Yearbook are extracted from more detailed, specialized publications prepared by the Statistics Division and by many other international statistical services. Thus, while the specialized publications concentrate on monitoring topics and trends in particular social and economic fields, the Statistical Yearbook tables provide data for a more comprehensive, overall description of social and economic structures, conditions, changes and activities. The objective has been to collect, systematize and coordinate the most essential components of comparable statistical information which can give a broad and, to the extent feasible, a consistent picture of social and economic processes at world, regional and national levels. More specifically, the Statistical Yearbook provides systematic information on a wide range of social and economic issues which are of concern in the United Nations system and among the governments and peoples of the world. A particular value of the Yearbook, but also its greatest challenge, is that these issues are extensively interrelated. Meaningful analysis of these issues requires systematization and coordination of the data across many fields. These issues include: General economic growth and related economic conditions; economic situation in developing countries and progress towards the objectives adopted for the

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.

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...

Electronic Repository of Russian Historical Statistics

NARCIS (Netherlands)

Tykhonov, Vyacheslav; Kessler, Gijs; Markevich, Andrei; de Vries, Jerry

2014-01-01

The Electronic Repository for Russian Historical Statistics brings together data extracted from various published and unpublished sources in one place. Its principal focus is Russian economic and social history of the last three centuries (18th-21st). The repository caters to the needs of the

Economic Conditions affect Support for Prime Minister Parties in Scandinavia

DEFF Research Database (Denmark)

Larsen, Martin Vinæs

2016-01-01

between unemployment, economic growth and support for prime minister parties is re-examined in two datasets. The first is a dataset of Scandinavian elections, and the second is a yearly Danish vote function, which was constructed using election polls. Across both datasets, it is found that if one simply......Previous research has not been able to identify a relationship between objective economic indicators and support for governing parties in the Scandinavian countries. This is potentially problematic, as it suggests that political leaders are not held electorally accountable for the economic...... correlates support for the prime minister's party with economic conditions, there is no relationship; however, if one specifies a statistical model, which takes the Scandinavian context into account, it is possible to identify a statistically significant effect of economic conditions on electoral support...

The Economic Impact of Land Use Rights in Rural Vietnam

Science.gov (United States)

2013-11-01

Rental Markets In Transition: Evidence From Rural Vietnam." Oxford Bulletin Of Economics And Statistics 70, no. 1: 67- 101. ECONIS, EBSCOhost ...Rental Markets In Transition: Evidence From Rural Vietnam." Oxford Bulletin Of Economics And Statistics 70, no. 1: 67- 101. ECONIS, EBSCOhost ...generating revenue through taxation in a previously non-existent real estate market . Before 1993, Vietnam experienced a long period of land reform

Competitive market for multiple firms and economic crisis

Science.gov (United States)

Tao, Yong

2010-09-01

The origin of economic crises is a key problem for economics. We present a model of long-run competitive markets to show that the multiplicity of behaviors in an economic system, over a long time scale, emerge as statistical regularities (perfectly competitive markets obey Bose-Einstein statistics and purely monopolistic-competitive markets obey Boltzmann statistics) and that how interaction among firms influences the evolutionary of competitive markets. It has been widely accepted that perfect competition is most efficient. Our study shows that the perfectly competitive system, as an extreme case of competitive markets, is most efficient but not stable, and gives rise to economic crises as society reaches full employment. In the economic crisis revealed by our model, many firms condense (collapse) into the lowest supply level (zero supply, namely, bankruptcy status), in analogy to Bose-Einstein condensation. This curious phenomenon arises because perfect competition (homogeneous competitions) equals symmetric (indistinguishable) investment direction, a fact abhorred by nature. Therefore, we urge the promotion of monopolistic competition (heterogeneous competitions) rather than perfect competition. To provide early warning of economic crises, we introduce a resolving index of investment, which approaches zero in the run-up to an economic crisis. On the other hand, our model discloses, as a profound conclusion, that the technological level for a long-run social or economic system is proportional to the freedom (disorder) of this system; in other words, technology equals the entropy of system. As an application of this concept, we give a possible answer to the Needham question: “Why was it that despite the immense achievements of traditional China it had been in Europe and not in China that the scientific and industrial revolutions occurred?”

Economic poverty among children and adolescents in the Nordic countries

DEFF Research Database (Denmark)

Povlsen, Lene; Regber, Susann; Fosse, Elisabeth

2018-01-01

Aims: This study aimed to identify applied definitions and measurements of economic poverty and to explore the proportions and characteristics of children and adolescents living in economic poverty in Denmark, Finland, Iceland, Norway and Sweden during the last decade and to compare various...... statistics between the Nordic countries. Methods: Official data from central national authorities on statistics, national reports and European Union Statistics of income and living conditions data were collected and analysed during 2015–2016. Results: The proportion of Nordic children living in economic...... poverty in 2014 ranged from 9.4% in Norway to 18.5% in Sweden. Compared with the European Union average, from 2004 to 2014 Nordic families with dependent children experienced fewer difficulties in making their money last, even though Icelandic families reported considerable difficulties...

Economic statistics for the extractive and metallurgical industries for 1974/1975

Energy Technology Data Exchange (ETDEWEB)

Medaets, J

1977-11-01

Statistical data are presented for the extractive industries (coal, ore, quarries etc); coke and agglomerates manufacture; metallurgical industries; and the related hydrology. (In French and in Dutch)

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.

Conformity and statistical tolerancing

Science.gov (United States)

Leblond, Laurent; Pillet, Maurice

2018-02-01

Statistical tolerancing was first proposed by Shewhart (Economic Control of Quality of Manufactured Product, (1931) reprinted 1980 by ASQC), in spite of this long history, its use remains moderate. One of the probable reasons for this low utilization is undoubtedly the difficulty for designers to anticipate the risks of this approach. The arithmetic tolerance (worst case) allows a simple interpretation: conformity is defined by the presence of the characteristic in an interval. Statistical tolerancing is more complex in its definition. An interval is not sufficient to define the conformance. To justify the statistical tolerancing formula used by designers, a tolerance interval should be interpreted as the interval where most of the parts produced should probably be located. This tolerance is justified by considering a conformity criterion of the parts guaranteeing low offsets on the latter characteristics. Unlike traditional arithmetic tolerancing, statistical tolerancing requires a sustained exchange of information between design and manufacture to be used safely. This paper proposes a formal definition of the conformity, which we apply successively to the quadratic and arithmetic tolerancing. We introduce a concept of concavity, which helps us to demonstrate the link between tolerancing approach and conformity. We use this concept to demonstrate the various acceptable propositions of statistical tolerancing (in the space decentring, dispersion).

AFRICAN JOURNAL OF ECONOMIC REVIEW

African Journals Online (AJOL)

Dr Kazungu

high economic growth rates and lower inflation rates, a remaining challenge is ... from other various sources such as the Government Finance Statistics (GFS) and ..... against factors, which are hypothesized to affect tax revenue performance.

AFRICAN JOURNAL OF ECONOMIC REVIEW

African Journals Online (AJOL)

Dr Kazungu

African Journal of Economic Review, Volume IV, Issue 1, January 2016 ..... owned by the Central Government through Forestry and Beekeeping Division of the Ministry of ...... American Statistical Association, 84(408), 862-874. Heckman, J.

Economic Studies

Directory of Open Access Journals (Sweden)

A. V. Kholopov

2014-01-01

and credit" was created in February 2012. It is head by Professor G.S. Panova. The members of the chair are experienced bank employees; - The field of practical application of research results in the field of accounting, statistics and auditing has been expanding in recent years. The research in the field is conducted at the synonymous chair; - An important direction of development of economic studies at MGIMO is a risk management and insurance. Established in 1993, the Department of Risk Management and Insurance is headed by Professor R.T. Yuldashev.

Statistical yearbook 2002-2004. Data available as of February 2005. 49 ed

International Nuclear Information System (INIS)

2005-09-01

This is the forty-ninth issue of the United Nations Statistical Yearbook, prepared by the Statistics Division, Department of Economic and Social Affairs of the United Nations Secretariat. The data included generally cover the years between 1993 and 2003 and are, for the most part, those statistics which were available to the Statistics Division as of February 2005. The 81 tables of the Yearbook are based on data compiled by the Statistics Division from over 35 international and national sources. These sources include the United Nations Statistics Division in the fields of national accounts, industry, energy, transport and international trade, the United Nations Statistics Division and Population Division in the field of demographic statistics, and over 20 offices of the United Nations system and international organizations in other specialized fields. The Yearbook is organized in four parts. The first part, World and Region Summary, presents key world and regional aggregates and totals. In the other three parts, the subject matter is generally presented by countries or areas, with world and regional aggregates shown in some cases only. Parts two, three and four cover, respectively, population and social topics, national economic activity, and international economic relations. Each chapter ends with brief technical notes on statistical sources and methods for the tables it includes. References to sources and related methodological publications are provided at the end of the Yearbook in the section 'Statistical sources and references'. Annex I provides complete information on country and area nomenclature, and regional and other groupings used in the Yearbook. Annex II lists conversion coefficients and factors used in various tables. A list of tables added to or omitted from the last issue of the Yearbook is given in annex III. Symbols and conventions used in the Yearbook are shown in the section 'Explanatory notes, preceding the Introduction

Accuracy and reliability of China's energy statistics

Energy Technology Data Exchange (ETDEWEB)

Sinton, Jonathan E.

2001-09-14

Many observers have raised doubts about the accuracy and reliability of China's energy statistics, which show an unprecedented decline in recent years, while reported economic growth has remained strong. This paper explores the internal consistency of China's energy statistics from 1990 to 2000, coverage and reporting issues, and the state of the statistical reporting system. Available information suggests that, while energy statistics were probably relatively good in the early 1990s, their quality has declined since the mid-1990s. China's energy statistics should be treated as a starting point for analysis, and explicit judgments regarding ranges of uncertainty should accompany any conclusions.

Is Pan-Asian Economic Integration Moving Forward?: Evidence from Pan-Asian Trade Statistics

OpenAIRE

Sapkota, Jeet Bahadur; Shuto, Motoko

2016-01-01

Asia is growing economically faster than any other region in the world; this led to the shift of the center of gravity of the global economy from the West to the East. However, it is not clear whether the Asian economy is integrating regionally or globally. In the context of the growing efforts of regional or sub-regional pan-Asian integration, it is worthwhile to explore the pan-Asian trade flows regionally as well as globally. Thus, this paper examines the trend and determinants of economic...

Socio-economic performance of municipalities along the Maputo ...

African Journals Online (AJOL)

The economic successes of the Maputo Development Corridor (MDC) project ... Lodene Willemse, Statistical Analyst, Centre for Regional and Urban Innovation and Statistical Exploration (CRUISE), Department of ... networks by means of corridor ..... integration and cooperation ... In the case of the MDC, impact studies.

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.

Statistical Compilation of the ICT Sector and Policy Analysis | Page 4 ...

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

Statistical Compilation of the ICT Sector and Policy Analysis. As the presence and influence of information and communication technologies (ICTs) continues to widen and deepen, so too does its impact on economic development. However, much work needs to be done before the linkages between economic development ...

Statistical Compilation of the ICT Sector and Policy Analysis | Page 3 ...

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

Statistical Compilation of the ICT Sector and Policy Analysis. As the presence and influence of information and communication technologies (ICTs) continues to widen and deepen, so too does its impact on economic development. However, much work needs to be done before the linkages between economic development ...

Statistical yearbook. 1995 Data available as of 30 June 1997. 42. ed.

International Nuclear Information System (INIS)

1997-01-01

This is the forty-second issue of the United Nations Statistical Yearbook, prepared by the Statistics Division, Department of Economic and Social Affairs of the United Nations Secretariat, since 1948. The present issue contains series covering, in general, 1985-1994 or 1986-1995, using statistics available to the Statistics Division up to 30 June 1997. The Yearbook is based on data compiled by the Statistics Division from over 40 different international and national sources

Statistical yearbook. 1996. Data available as of 30 September 1988. 43 ed.

International Nuclear Information System (INIS)

1999-01-01

This is the forty-third issue of the United Nations Statistical Yearbook, prepared by the Statistics Division, Department of Economic and Social Affairs of the United Nations Secretariat, since 1948. The present issue contains series covering, in general, 1986-1995 or 1987-1996, using statistics available to the Statistics Division up to 30 September 1998. The Yearbook is based on data compiled by the Statistics Division from over 40 different international and national sources

Economic impact of cultural tourism

OpenAIRE

Zadel, Zrinka; Bogdan, Sinisa

2013-01-01

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

THE CONTENT OF AN ECONOMIC CATEGORY AND THE MEASUREMENT OF THE MARKET DEMAND

Directory of Open Access Journals (Sweden)

Anatoly V. Korotkov

2014-01-01

Full Text Available The aim of the article is to study the economic and statistical categories and levels of consumer demand. There is no uniformity in the interpretation of the content of an economic category and demand level in the literature on the economic theory and applied research of the market. We want to conduct the verification of the demand category, a consolidation of the wording of measuring the level of demand, the classification of demand. Theoretical basis of the conducted research is the methodology of the economic theory and the general theory of statistics.

Statistical mechanics of socio-economic systems with heterogeneous agents

International Nuclear Information System (INIS)

De Martino, Andrea; Marsili, Matteo

2006-01-01

We review the statistical mechanics approach to the study of the emerging collective behaviour of systems of heterogeneous interacting agents. The general framework is presented through examples in such contexts as ecosystem dynamics and traffic modelling. We then focus on the analysis of the optimal properties of large random resource-allocation problems and on Minority Games and related models of speculative trading in financial markets, discussing a number of extensions including multi-asset models, majority games and models with asymmetric information. Finally, we summarize the main conclusions and outline the major open problems and limitations of the approach. (topical review)

An easy and low cost option for economic statistical process control ...

African Journals Online (AJOL)

a large number of nonconforming products are manufactured. ... size, n, sampling interval, h, and control limit parameter, k, that minimize the ...... [11] Montgomery DC, 2001, Introduction to statistical quality control, 4th Edition, John Wiley, New.

Economic Statistical Design of Variable Sampling Interval X¯$\\overline X $ Control Chart Based on Surrogate Variable Using Genetic Algorithms

Directory of Open Access Journals (Sweden)

Lee Tae-Hoon

2016-12-01

Full Text Available In many cases, a X¯$\\overline X $ control chart based on a performance variable is used in industrial fields. Typically, the control chart monitors the measurements of a performance variable itself. However, if the performance variable is too costly or impossible to measure, and a less expensive surrogate variable is available, the process may be more efficiently controlled using surrogate variables. In this paper, we present a model for the economic statistical design of a VSI (Variable Sampling Interval X¯$\\overline X $ control chart using a surrogate variable that is linearly correlated with the performance variable. We derive the total average profit model from an economic viewpoint and apply the model to a Very High Temperature Reactor (VHTR nuclear fuel measurement system and derive the optimal result using genetic algorithms. Compared with the control chart based on a performance variable, the proposed model gives a larger expected net income per unit of time in the long-run if the correlation between the performance variable and the surrogate variable is relatively high. The proposed model was confined to the sample mean control chart under the assumption that a single assignable cause occurs according to the Poisson process. However, the model may also be extended to other types of control charts using a single or multiple assignable cause assumptions such as VSS (Variable Sample Size X¯$\\overline X $ control chart, EWMA, CUSUM charts and so on.

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 ...

Statistical yearbook 1993. Data available as of 31 December 1994. 40 ed.

International Nuclear Information System (INIS)

1995-01-01

This is the fortieth issue of the United Nations Statistical Yearbook, prepared by the Statistical Division, Department for Economic and Social Information and Policy Analysis of the United Nations Secretariat, since 1948. The present issue contains series covering, in general, 1983-1992 or 1984-1993, using statistics available to the Statistical Division up to 31 December 1994. The Yearbook is based on data compiled by the Statistical Division from over 40 different international and national sources

Statistical yearbook 1994. Data available as of 31 March 1996. 41 ed.

International Nuclear Information System (INIS)

1996-01-01

This is the forty-first issue of the United Nations Statistical Yearbook, prepared by the Statistics Division, Department for Economic and Social Information and Policy Analysis of the United Nations Secretariat, since 1948. The present issue contains series covering, in general, 1984-1993 or 1985-1994, using statistics available to the Statistics Division up to 31 December 1995. The Yearbook is based on data compiled by the Statistics Division from over 40 different international and national sources

Americans misperceive racial economic equality.

Science.gov (United States)

Kraus, Michael W; Rucker, Julian M; Richeson, Jennifer A

2017-09-26

The present research documents the widespread misperception of race-based economic equality in the United States. Across four studies ( n = 1,377) sampling White and Black Americans from the top and bottom of the national income distribution, participants overestimated progress toward Black-White economic equality, largely driven by estimates of greater current equality than actually exists according to national statistics. Overestimates of current levels of racial economic equality, on average, outstripped reality by roughly 25% and were predicted by greater belief in a just world and social network racial diversity (among Black participants). Whereas high-income White respondents tended to overestimate racial economic equality in the past, Black respondents, on average, underestimated the degree of past racial economic equality. Two follow-up experiments further revealed that making societal racial discrimination salient increased the accuracy of Whites' estimates of Black-White economic equality, whereas encouraging Whites to anchor their estimates on their own circumstances increased their tendency to overestimate current racial economic equality. Overall, these findings suggest a profound misperception of and unfounded optimism regarding societal race-based economic equality-a misperception that is likely to have any number of important policy implications.

National energetic balance. Statistical compilation 1985-1991

International Nuclear Information System (INIS)

1992-01-01

Compiles the statistical information supplied by governmental and private institutions which integrate the national energetic sector in Paraguay. The first part, refers to the whole effort of energy; second, energy transformation centres and the last part presents the energy flows, consolidated balances and other economic-power indicators

The Study of Second Higher Education through Mathematical Statistics

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Olga V. Kremer

2014-05-01

Full Text Available The article deals with the statistic reasons, age and wages of people who get the second higher education. People opt for the second higher education mostly due to many economical and physiological factors. According to our research, the age is a key motivator for the second higher education. Based on statistical data the portrait of a second higher education student was drawn.

The Key to Promoting Economic Growth

Institute of Scientific and Technical Information of China (English)

2009-01-01

The low contribution of consumption to economic growth has become a source of anxiety for Chinese economic officials. With a sharp decline in exports as a result of the international financial crisis, the Chinese Government hopes that consumption will become a new engine of economic growth. The aim of promoting domestic demand is very clear in the 4-trillion-yuan ($586-billion) economic stimulus package the government approved last fall. How should we assess the present situation of consumption in China and its future course? At the Global Think Tank Summit held in Beijing on July 4, Ma Jiantang, Commissioner of the National Bureau of Statistics, Wang Guangqian, President of the Central University of Finance and Economics, and Yuan Yue, Chairman of the Board of Horizon Research Consultancy Group, shared their opinions.

ECONOMIC IMPACTS OF TOURISM: THE EVIDENCE OF MACEDONIA

OpenAIRE

Biljana Petrevska

2012-01-01

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

Birth tourism: socio-demographic and statistical aspects

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Anatoly V. Korotkov

2016-01-01

Full Text Available The purpose of the study is to research birth tourism issue. The article gives the socio-demographic and statistical aspects of research problems of birth inbound tourism in the Russian Federation. Following the literature analysis, the degree of study for birth tourism lags behind its actual size. Currently, the media has accumulated a significant amount of information on birth tourism in Russia, that requires processing, systematization and understanding that can and should become an independent area of study of sociologists and demographers to develop recommendations for the management of socio-demographic processes in birth tourism in our country. It is necessary to identify the problems that will inevitably arise. At present, this process is almost not regulated.These problems are complex, it requires the joint efforts of sociologists and demographers. However, it is impossible to obtain reliable results and to develop management decisions without attention to the statistical aspect of this problem. It is necessary to create methodological support for collecting and information processing and model development of the birth tourism. At the initial stage it is necessary to identify the direction and objectives of the analysis to determine the factors in the development of this process, to develop a hierarchical system of statistical indicators, to receive the information, needed for calculating of specific indicators.The complex research of the birth tourism issues should be based on the methodology of sociology, demography and statistics, including statistical observation, interviews with residents, structure analysis and birth tourism concentration in the country, the analysis of the dynamics, classification of factors and reasons, the grouping of regions for the development of the studied processes and, of course, the development of economic-statistical indicators.The article reveals the problem of the significant influence of the

The collected economics articles of Harold Hotelling

CERN Document Server

1990-01-01

In 1985 I first began my research on the life and work of Harold Hotel­ ling. That year, Harold Hotelling's widow had donated the collection of his private p:;tpers, correspondence and manuscripts to the Butler Library, Columbia University. This is a most appropriate place for them to reside, in that Hotelling's most productive period as an active researcher in eco­ nomics and statistics coincides with the years when he was Professor of Mathematical Economics at Columbia (1931-1946). The Hotelling Collection comprises some 13,000 separate items and contains numerous unpublished letters and manuscripts of great importance to historians of economics and statistics. In the course of the following year I was able, with the generous financial assistance of the Nuffield Foundation, the Economic and Social Research Council, the British Academy and the University of Durham, to spend six weeks over the Easter period working on the collection. I returned to New York in September 1986 while on sabbatical leave from th...

Economic statistics for the mining and metallurgical industries - 1978 and 1979

Energy Technology Data Exchange (ETDEWEB)

Medaets, J.

1982-04-01

The statistics are compiled in 5 sections : 1) The mining industries (coal, metallurgy, quarries and associated industries); 2) The manufacture of coke and briquettes; 3) Iron and steel; 4) Hydrology; and 5) The extraction of sand on Belgium's 'continental shelf'.

A Discussion of the Statistical Investigation Process in the Australian Curriculum

Science.gov (United States)

McQuade, Vivienne

2013-01-01

Statistics and statistical literacy can be found in the Learning Areas of Mathematics, Geography, Science, History and the upcoming Business and Economics, as well as in the General Capability of Numeracy and all three Crosscurriculum priorities. The Australian Curriculum affords many exciting and varied entry points for the teaching of…

Economic Imagination and Support For Parliamentary Democracy In Poland

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Andrzej K. Koźmiński

2014-06-01

Full Text Available Purpose: The article introduces a concept of the economic imagination, describes economic public attitudes and discusses the character of the contemporary economic imagination of Poles. Methodology: Representative survey conducted on the stratifi ed random sample of 1022 adult respondents by means of CAPI (computer assisted personal interview. Statistical analysis of data. Findings: The features perceived by public as economically benefi cial to the entire economy, particular enterprises and individuals have been ranked by the representative survey and statistically grouped into more general clusters. Those considered as good for the economy are grouped into such factors as “investment and competition”, “statism (etatism” and “progressive taxation”. The features considered as benefi cial for the enterprises are grouped into “human, social and economic capital”, “law obedience and good social relations” and “limited free market”. Personal characteristics perceived as benefi cial for individual’s economic success are grouped into “honesty, perseverance and good social relations”, “skills and diligence” and “nepotism and instrumentalism”. Intensity as well as determinants of such general value loaded convictions, and their impact on acceptance of democracy have been revealed as well. The implications: Economic imagination has to be analysed as an important factor of socio-economic system’s legitimization. Originality: Distinction and empirical defi nition of economic attitudinal syndromes at three different levels: macro-economic, enterprise and individual constitute a novelty in socio-economic research. Discussion of their determinants and wider implications constitute a new contribution to the theory of social legitimization.

Does Studying Economics in College Influence Loan Decisions Later in Life?

Science.gov (United States)

Bosshardt, William; Walstad, William B.

2018-01-01

The authors investigate the relationship between undergraduate economics coursework or majoring in economics and the debt behavior of the college graduates. The data come from the Baccalaureate and Beyond (B&B) longitudinal survey of the National Center for Education Statistics. College graduates who took courses in undergraduate economics or…

Economic Polarization Across European Union Regions in the years 2007–2012 at NUTS 2 Level

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Piętak Łukasz

2016-12-01

Full Text Available The aim of this paper is to study the economic polarization in countries of the EU at NUTS 2 level in the years 2007–2012. The studies have to decide on positive or negative verification of the hypothesis, which states that the economic crisis of 2008–2013 had an influence on rising economic polarization in EU countries. The method used in this article is an application of some measures of economic polarization and inequality of income distribution. The carried out research did not allow for the positive verification of the hypothesis. Only in a few countries did the economic crisis have an influence on a reduction of the middle class. In most cases the economic collapse did not play any role in the raising of the economic polarization index. The statistical data used in this paper was taken from the following databases: Statistical Yearbook of the Regions – Poland from 2009 to 2013 and Eurostat – Regional statistics by NUTS classification*.

Financial Liberalization and Economic Growth

NARCIS (Netherlands)

Bumann, S.; Hermes, N.; Lensink, B.W.

2013-01-01

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

Facts about Newspapers '86: A Statistical Summary of the Newspaper Business.

Science.gov (United States)

American Newspaper Publishers Association, Washington, DC.

Attesting to the continuing economic strength and institutional vitality of the newspaper business in 1985, this booklet presents a statistical summary of the industry in the United States and Canada. The statistics cover a wide range of topics, including (1) number of daily newspapers, (2) daily newspaper circulation, (3) daily newspapers by…

Log-concave Probability Distributions: Theory and Statistical Testing

DEFF Research Database (Denmark)

An, Mark Yuing

1996-01-01

This paper studies the broad class of log-concave probability distributions that arise in economics of uncertainty and information. For univariate, continuous, and log-concave random variables we prove useful properties without imposing the differentiability of density functions. Discrete...... and multivariate distributions are also discussed. We propose simple non-parametric testing procedures for log-concavity. The test statistics are constructed to test one of the two implicati ons of log-concavity: increasing hazard rates and new-is-better-than-used (NBU) property. The test for increasing hazard...... rates are based on normalized spacing of the sample order statistics. The tests for NBU property fall into the category of Hoeffding's U-statistics...

Socio-economic database online

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T Tamisier

2006-01-01

Full Text Available The SEDO project develops a flexible and reusable platform combining fast access, user freedom, and coherence of the results for presenting socio-economic data. Its first aim is to deliver on the Net the results of longitudinal surveys about the life in Luxemburg. Several search methods are available: hierarchical browsing, engine query, and top down navigation with minimal clicks for quick access to the main trends. Without the use of statistical tools nor expertise in the domain the user can perform advanced statistical calculations. Last, a modular architecture guarantees the portability of the application.

Facts about Newspapers '87: A Statistical Summary of the Newspaper Business.

Science.gov (United States)

American Newspaper Publishers Association, Washington, DC.

Attesting to the continuing economic strength and institutional vitality of the newspaper business in 1987, this booklet presents a statistical summary of the industry in the United States and Canada. The statistics cover a wide range of topics, including (1) number of daily newspapers; (2) daily newspaper circulation; (3) single copy sales price;…

Statistics Tables For Mathematicians, Engineers, Economists and the Behavioural and Management Sciences

CERN Document Server

Neave, Henry R

2012-01-01

For three decades, Henry Neave's Statistics Tables has been the gold standard for all students taking an introductory statistical methods course as part of their wider degree in a host of disciplines including mathematics, economics, business and management, geography and psychology. The period has seen a large increase in the level of mathematics and statistics required to achieve these qualifications and Statistics Tables has helped several generations of students meet their goals.All the features of the first edition are retained including the full range of best-known standard statistical t

Complexity of Economical Systems

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G. P. Pavlos

2015-01-01

Full Text Available In this study new theoretical concepts are described concerning the interpretation of economical complex dynamics. In addition a summary of an extended algorithm of nonlinear time series analysis is provided which is applied not only in economical time series but also in other physical complex systems (e.g. [22, 24]. In general, Economy is a vast and complicated set of arrangements and actions wherein agents—consumers, firms, banks, investors, government agencies—buy and sell, speculate, trade, oversee, bring products into being, offer services, invest in companies, strategize, explore, forecast, compete, learn, innovate, and adapt. As a result the economic and financial variables such as foreign exchange rates, gross domestic product, interest rates, production, stock market prices and unemployment exhibit large-amplitude and aperiodic fluctuations evident in complex systems. Thus, the Economics can be considered as spatially distributed non-equilibrium complex system, for which new theoretical concepts, such as Tsallis non extensive statistical mechanics and strange dynamics, percolation, nonGaussian, multifractal and multiscale dynamics related to fractional Langevin equations can be used for modeling and understanding of the economical complexity locally or globally.

The impact of the British model on economic growth

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Simon György Jr.

2007-01-01

Full Text Available The paper is searching for an answer to the question how the British model affected economic development in its mother country, the United Kingdom. The statistical analysis, models of mathematical economics and econometric investigation make it probable to conclude that there was a substantial difference in success between the Thatcherite and the Blairite economic policies; the latter proved more effective. It is particularly remarkable that the Blairite model, connecting privatization with a successful employment policy, reduced unemployment and social sensitivity, has not only speeded up economic growth but also improved economic equilibrium, curtailing, among others, the budget deficit.

BERCENI VILLAGE - A SOCIAL-ECONOMICAL ANALYSIS

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Adina IORGA

2014-06-01

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

Securing wide appreciation of health statistics.

Science.gov (United States)

PYRRAIT A M DO, A; AUBENQUE, M J; BENJAMIN, B; DE GROOT, M J; KOHN, R

1954-01-01

All the authors are agreed on the need for a certain publicizing of health statistics, but do Amaral Pyrrait points out that the medical profession prefers to convince itself rather than to be convinced. While there is great utility in articles and reviews in the professional press (especially for paramedical personnel) Aubenque, de Groot, and Kohn show how appreciation can effectively be secured by making statistics more easily understandable to the non-expert by, for instance, including readable commentaries in official publications, simplifying charts and tables, and preparing simple manuals on statistical methods. Aubenque and Kohn also stress the importance of linking health statistics to other economic and social information. Benjamin suggests that the principles of market research could to advantage be applied to health statistics to determine the precise needs of the "consumers". At the same time, Aubenque points out that the value of the ultimate results must be clear to those who provide the data; for this, Kohn suggests that the enumerators must know exactly what is wanted and why.There is general agreement that some explanation of statistical methods and their uses should be given in the curricula of medical schools and that lectures and postgraduate courses should be arranged for practising physicians.

Youth prospects in a time of economic recession

Directory of Open Access Journals (Sweden)

Elena Cottini

2013-11-01

Full Text Available Background: The paper gives an update to earlier analysis considering youth poverty and transition to adulthood, which is timely given the economic crisis engulfing many countries in Europe. Whereas the crisis is affecting young people in particular, there is also a certain degree of variation across Europe. Objective: We document the short-term consequences of the current recession on the transition to adulthood of young Europeans, focusing on two main cornerstones in the transition to adulthood: economic independence and residential autonomy. Methods: We use a combination of OECD Employment Statistics for 2012 and micro-level data from the European Union Statistics on Income and Living Conditions (EU-SILC for the period 2005-2011 for 24 countries. Results: We document an increase in economic hardship experienced by young adults in several European countries during the recession, which is starting to translate into higher rates of co-residence with parents, hence delaying the process of leaving home and gaining economic independence. Conclusions: The way countries are reacting to the recession is not yet clear-cut, but economic uncertainty and deprivation is on the rise in those countries hardest hit, which is likely to delay the key markers of transition to adulthood.

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

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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 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

ECONOMIC IMPACT OF CULTURAL TOURISM

Directory of Open Access Journals (Sweden)

Zrinka Zadel

2013-12-01

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

Annual statistic report - Furnas Centrais Eletricas S.A. - 1995

International Nuclear Information System (INIS)

1995-01-01

In this report, extensive statistical data concerning the 1994 activities of the electric utility Furnas Centrais Eletricas S.A. are presented. They include the consumer's market, the generation and supply of electricity and economic and personal information. 106 figs., 71 tabs

Statistical yearbook. 2000. Data available as of 31 January 2003. 47 ed

International Nuclear Information System (INIS)

2003-01-01

This is the forty-seventh issue of the United Nations Statistical Yearbook, prepared by the Statistics Division, Department of Economic and Social Affairs of the United Nations Secretariat, since 1948. The present issue contains series covering, in general, 1989-1998 or 1990-1999, using statistics available to the Statistics Division up to 30 November 2000. The Yearbook is based on data compiled by the Statistics Division from over 40 different international and national sources. These include the United Nations Statistics Division in the fields of national accounts, industry, energy, transport and international trade; the United Nations Statistics Division and Population Division in the field of demographic statistics; and data provided by over 20 offices of the United Nations system and international organizations in other specialized fields.United Nations agencies and other international organizations which furnished data are listed under 'Statistical sources and references' at the end of the Yearbook. Acknowledgement is gratefully made for their generous cooperation in providing data. The Statistics Division also publishes the Monthly Bulletin of Statistics, which provides a valuable complement to the Yearbook covering current international economic statistics for most countries and areas of the world and quarterly world and regional aggregates. Subscribers to the Monthly Bulletin of Statistics may also access the Bulletin on-line via the World Wide Web on Internet. MBS On-line allows time-sensitive statistics to reach users much faster than the traditional print publication. For further information see . The present issue of the Yearbook reflects a phased programme of major changes in its organization and presentation undertaken in 1990 which until then was relatively unchanged since the first issue was released in 1948. The Yearbook has also been published on CD-ROM for IBM-compatible microcomputers, since the thirty-eighth issue

STATISTICAL ASSESSMENT OF THE INFLUENCE OF THE INVESTMENT IN INFRASTRUCTURE COMPLEX ON ECONOMIC SITUATION IN THE REGION

Directory of Open Access Journals (Sweden)

Nina A. Malinovskaya

2014-01-01

Full Text Available The article deals with the problem of assessing the impact of infrastructure investment on the economic situation of the region. It is suggested that economic and social effects of, as well as instant and deferred. Using regression analysis allowed us to estimate the nature of different types of effects that affect the economic system of the region.

Economic poverty among children and adolescents in the Nordic countries.

Science.gov (United States)

Povlsen, Lene; Regber, Susann; Fosse, Elisabeth; Karlsson, Leena Eklund; Gunnarsdottir, Hrafnhildur

2018-02-01

This study aimed to identify applied definitions and measurements of economic poverty and to explore the proportions and characteristics of children and adolescents living in economic poverty in Denmark, Finland, Iceland, Norway and Sweden during the last decade and to compare various statistics between the Nordic countries. Official data from central national authorities on statistics, national reports and European Union Statistics of income and living conditions data were collected and analysed during 2015-2016. The proportion of Nordic children living in economic poverty in 2014 ranged from 9.4% in Norway to 18.5% in Sweden. Compared with the European Union average, from 2004 to 2014 Nordic families with dependent children experienced fewer difficulties in making their money last, even though Icelandic families reported considerable difficulties. The characteristics of children living in economic poverty proved to be similar in the five countries and were related to their parents' level of education and employment, single-parent households and - in Denmark, Norway and Sweden - to immigrant background. In Finland, poverty among children was linked in particular to low income in employed households. This study showed that economic poverty among Nordic families with dependent children has increased during the latest decade, but it also showed that poverty rates are not necessarily connected to families' ability to make their money last. Therefore additional studies are needed to explore existing policies and political commitments in the Nordic countries to compensate families with dependent children living in poverty.

Econo-Thermodynamics: The Nature of Economic Interactions

Science.gov (United States)

Mimkes, Juergen

2006-03-01

Physicists often model economic interactions like collisions of atoms in gases: by interaction one agent gains, the other loses. This leads to a Boltzmann distribution of capital, which has been observed in wealth distributions of different countries. However, economists object: no economic agent will attend a market in which he gets robbed! This conflict may be resolved by writing basic laws of economics into terms of calculus. In these terms the daily struggle for survival of all economic systems turns out to be a Carnot cycle that is driven by energy: heat pumps and economic production depend on oil, GNP and oil consumption run parallel for all countries. Motors and markets are based on the same laws of calculus (macro-economics) and statistics (micro-economics). Economic interactions mean exploiting a third party (nature) and are indeed close to robbing! A baker sells bread to his customers, but the flour comes from nature. Banks sells loans to investors, but the money comes from savers. Econo-thermodynamics is a thrilling new interdisciplinary field.

Statistical yearbook 2005. Data available as of March 2006. 50 ed

International Nuclear Information System (INIS)

2006-08-01

The Statistical Yearbook is an annual compilation of a wide range of international economic, social and environmental statistics on over 200 countries and areas, compiled from sources including UN agencies and other international, national and specialized organizations. The 50th issue contains data available to the Statistics Division as of March 2006 and presents them in 76 tables. The number of years of data shown in the tables varies from one to ten, with the ten-year tables covering 1994 to 2003 or 1995 to 2004. Accompanying the tables are technical notes providing brief descriptions of major statistical concepts, definitions and classifications

Monetary economics from econophysics perspective

Science.gov (United States)

Yakovenko, Victor M.

2016-12-01

This is an invited article for the Discussion and Debate special issue of The European Physical Journal Special Topics on the subject "Can Economics be a Physical Science?" The first part of the paper traces the personal path of the author from theoretical physics to economics. It briefly summarizes applications of statistical physics to monetary transactions in an ensemble of economic agents. It shows how a highly unequal probability distribution of money emerges due to irreversible increase of entropy in the system. The second part examines deep conceptual and controversial issues and fallacies in monetary economics from econophysics perspective. These issues include the nature of money, conservation (or not) of money, distinctions between money vs. wealth and money vs. debt, creation of money by the state and debt by the banks, the origins of monetary crises and capitalist profit. Presentation uses plain language understandable to laypeople and may be of interest to both specialists and general public.

The economic and communication implications of tourism in Romania

Directory of Open Access Journals (Sweden)

Claudia Elena PAICU

2013-07-01

Full Text Available The tourism in Romania is based on diversity of relief forms, on the natural landscape, on the specific customs and on history and rich tradition, having also an important contribution to the economy. Tourism is considered one of Romania's economic sectors characterized by dynamism. So it is that the statistical data records data upon which we can support that tourism in Romania is, despite weaknesses, developing and with a high potential for expansion. In the present paper we propose a comprehensive analysis of tourism, based on statistical data obtained from specialized institutions, at the same time aiming to capture its impact on the economic level.

Ownership structure and economic and socio-environmental disclosure in the largest Brazilian companies

Directory of Open Access Journals (Sweden)

Tatiana Aquino Almeida

2016-01-01

Full Text Available The disclosure of sustainable practices has become important in the search for competitive advantage, so as to meet the expectations of the various stakeholders. Thus, the study aims to investigate the relationship between the ownership structure and the economic and environmental voluntary disclosure in the largest Brazilian companies, analyzing ownership concentration and the identity of the controlling shareholder. For the analysis, we considered the economic, social and environmental perspectives, addressed both individually and jointly. The sample consists of 47 companies from the 100 largest public companies listed on BM&FBOVESPA, according to the magazine Exame Biggest and Best, edition 2013. The research is descriptive and quantitative, using Multiple Linear Regression for statistical analysis. The descriptive analysis of the prospects of (economic, social, environmental and sustainability disclosure showed lower average disclosure for the environmental aspect. The state control organizations stood out with the highest average in three of the four levels of disclosure: economic, social and sustainability. As regards the application of statistical analysis, the regression models were not statistically significant, indicating that, for the companies in the sample, the ownership structure does not influence the economic and socio-environmental disclosure.

Modified Distribution-Free Goodness-of-Fit Test Statistic.

Science.gov (United States)

Chun, So Yeon; Browne, Michael W; Shapiro, Alexander

2018-03-01

Covariance structure analysis and its structural equation modeling extensions have become one of the most widely used methodologies in social sciences such as psychology, education, and economics. An important issue in such analysis is to assess the goodness of fit of a model under analysis. One of the most popular test statistics used in covariance structure analysis is the asymptotically distribution-free (ADF) test statistic introduced by Browne (Br J Math Stat Psychol 37:62-83, 1984). The ADF statistic can be used to test models without any specific distribution assumption (e.g., multivariate normal distribution) of the observed data. Despite its advantage, it has been shown in various empirical studies that unless sample sizes are extremely large, this ADF statistic could perform very poorly in practice. In this paper, we provide a theoretical explanation for this phenomenon and further propose a modified test statistic that improves the performance in samples of realistic size. The proposed statistic deals with the possible ill-conditioning of the involved large-scale covariance matrices.

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.

COgnitive behavioural therapy versus standardised medical care for adults with Dissociative non-Epileptic Seizures (CODES): statistical and economic analysis plan for a randomised controlled trial.

Science.gov (United States)

Robinson, Emily J; Goldstein, Laura H; McCrone, Paul; Perdue, Iain; Chalder, Trudie; Mellers, John D C; Richardson, Mark P; Murray, Joanna; Reuber, Markus; Medford, Nick; Stone, Jon; Carson, Alan; Landau, Sabine

2017-06-06

Dissociative seizures (DSs), also called psychogenic non-epileptic seizures, are a distressing and disabling problem for many patients in neurological settings with high and often unnecessary economic costs. The COgnitive behavioural therapy versus standardised medical care for adults with Dissociative non-Epileptic Seizures (CODES) trial is an evaluation of a specifically tailored psychological intervention with the aims of reducing seizure frequency and severity and improving psychological well-being in adults with DS. The aim of this paper is to report in detail the quantitative and economic analysis plan for the CODES trial, as agreed by the trial steering committee. The CODES trial is a multicentre, pragmatic, parallel group, randomised controlled trial performed to evaluate the clinical effectiveness and cost-effectiveness of 13 sessions of cognitive behavioural therapy (CBT) plus standardised medical care (SMC) compared with SMC alone for adult outpatients with DS. The objectives and design of the trial are summarised, and the aims and procedures of the planned analyses are illustrated. The proposed analysis plan addresses statistical considerations such as maintaining blinding, monitoring adherence with the protocol, describing aspects of treatment and dealing with missing data. The formal analysis approach for the primary and secondary outcomes is described, as are the descriptive statistics that will be reported. This paper provides transparency to the planned inferential analyses for the CODES trial prior to the extraction of outcome data. It also provides an update to the previously published trial protocol and guidance to those conducting similar trials. ISRCTN registry ISRCTN05681227 (registered on 5 March 2014); ClinicalTrials.gov NCT02325544 (registered on 15 December 2014).

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.

Comparison of Country Risk, Sustainability and Economic Safety Indices

Directory of Open Access Journals (Sweden)

Jelena Stankeviciene

2014-03-01

Full Text Available Country risk, sustainability an economic safety are becoming more important in the contemporary economic world. The aim of this paper is to present the importance of comparison formalisation of country risk, sustainability, and economic safety indices for strategic alignment. The work provides an analysis on the relationship between country risk, sustainability an economic safety in EU countries, based on statistical data. Investigations and calculations of rankings provided by Euromoney Country Risk Index, European Economic Sustainability Index as well as for Economic Security Index were made and the results of EU country ranking based on three criteria were provided. Furthermore, the data for the Baltic States was summarised and the corresponding index of consistency for random judgments was evaluated.

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…

The Use of Official Statistics in Self-Selection Bias Modeling

Directory of Open Access Journals (Sweden)

Dalla Valle Luciana

2016-12-01

Full Text Available Official statistics are a fundamental source of publicly available information that periodically provides a great amount of data on all major areas of citizens’ lives, such as economics, social development, education, and the environment. However, these extraordinary sources of information are often neglected, especially by business and industrial statisticians. In particular, data collected from small businesses, like small and medium-sized enterprizes (SMEs, are rarely integrated with official statistics data.

Swiss energy statistics 2006

International Nuclear Information System (INIS)

2007-01-01

This comprehensive report by the Swiss Federal Office of Energy (SFOE) presents statistics on energy production and consumption in Switzerland in 2006. Facts and figures are presented in tables and diagrams. First of all, a general overview of Swiss energy consumption is presented that includes details on the shares taken by the various energy carriers involved and their development during the period reviewed. The report also includes graphical representations of energy usage in various sectors such as households, trade and industry, transport and the services sector. Also, economic data on energy consumption is presented. A second chapter takes a look at energy flows from producers to consumers and presents an energy balance for Switzerland in the form of tables and an energy-flow diagram. The individual energy sources and the import, export and storage of energy carriers are discussed as is the conversion between various forms and categories of energy. Details on the consumption of energy, its growth over the years up to 2006 and energy use in various sectors are presented. Also, the Swiss energy balance with reference to the use of renewable forms of energy such as solar energy, biomass, wastes and ambient heat is discussed and figures are presented on the contribution of renewables to heating and the generation of electrical power. The third chapter provides data on the individual energy carriers and the final chapter looks at economical and ecological aspects. An appendix provides information on the methodology used in collecting the statistics and on data available in the Swiss cantons

Swiss energy statistics 2004

International Nuclear Information System (INIS)

2005-01-01

This comprehensive report by the Swiss Federal Office of Energy (SFOE) presents statistics on energy production and consumption in Switzerland in 2004. Facts and figures are presented in tables and diagrams. First of all, a general overview of Swiss energy consumption is presented that includes details on the shares taken by the various energy carriers involved and their development during the period reviewed. The report also includes graphical representations of energy usage in various sectors such as households, trade and industry, transport and the services sector. Also, economic data on energy consumption is presented. A second chapter takes a look at energy flows from producers to consumers and presents an energy balance for Switzerland in the form of tables and an energy-flow diagram. The individual energy sources and the import, export and storage of energy carriers are discussed as is the conversion between various forms and categories of energy. Details on the consumption of energy, its growth over the years up to 2004 and energy use in various sectors are presented. Also, the Swiss energy balance with reference to the use of renewable forms of energy such as solar energy, biomass, wastes and ambient heat is discussed and figures are presented on the contribution of renewables to heating and the generation of electrical power. The third chapter provides data on the individual energy carriers and the final chapter looks at economical and ecological aspects. An appendix provides information on the methodology used in collecting the statistics and on data available in the Swiss cantons

Swiss energy statistics 2005

International Nuclear Information System (INIS)

2006-01-01

This comprehensive report by the Swiss Federal Office of Energy (SFOE) presents statistics on energy production and consumption in Switzerland in 2005. Facts and figures are presented in tables and diagrams. First of all, a general overview of Swiss energy consumption is presented that includes details on the shares taken by the various energy carriers involved and their development during the period reviewed. The report also includes graphical representations of energy usage in various sectors such as households, trade and industry, transport and the services sector. Also, economic data on energy consumption is presented. A second chapter takes a look at energy flows from producers to consumers and presents an energy balance for Switzerland in the form of tables and an energy-flow diagram. The individual energy sources and the import, export and storage of energy carriers are discussed as is the conversion between various forms and categories of energy. Details on the consumption of energy, its growth over the years up to 2005 and energy use in various sectors are presented. Also, the Swiss energy balance with reference to the use of renewable forms of energy such as solar energy, biomass, wastes and ambient heat is discussed and figures are presented on the contribution of renewables to heating and the generation of electrical power. The third chapter provides data on the individual energy carriers and the final chapter looks at economical and ecological aspects. An appendix provides information on the methodology used in collecting the statistics and on data available in the Swiss cantons

Swiss energy statistics 2003

International Nuclear Information System (INIS)

2004-01-01

This comprehensive report by the Swiss Federal Office of Energy (SFOE) presents statistics on energy production and consumption in Switzerland in 2003. Facts and figures are presented in tables and diagrams. First of all, a general overview of Swiss energy consumption is presented that includes details on the shares taken by the various energy carriers involved and their development during the period reviewed. The report also includes graphical representations of energy usage in various sectors such as households, trade and industry, transport and the services sector. Also, economic data on energy consumption is presented. A second chapter takes a look at energy flows from producers to consumers and presents an energy balance for Switzerland in the form of tables and an energy-flow diagram. The individual energy sources and the import, export and storage of energy carriers are discussed as is the conversion between various forms and categories of energy. Details on the consumption of energy, its growth over the years up to 2003 and energy use in various sectors are presented. Also, the Swiss energy balance with reference to the use of renewable forms of energy such as solar energy, biomass, wastes and ambient heat is discussed and figures are presented on the contribution of renewables to heating and the generation of electrical power. The third chapter provides data on the individual energy carriers and the final chapter looks at economical and ecological aspects. An appendix provides information on the methodology used in collecting the statistics and on data available in the Swiss cantons

Swiss energy statistics 2002

International Nuclear Information System (INIS)

2003-01-01

This comprehensive report by the Swiss Federal Office of Energy (SFOE) presents statistics on energy production and consumption in Switzerland in 2002. Facts and figures are presented in tables and diagrams. First of all, a general overview of Swiss energy consumption is presented that includes details on the shares taken by the various energy carriers involved and their development during the period reviewed. The report also includes graphical representations of energy usage in various sectors such as households, trade and industry, transport and the services sector. Also, economic data on energy consumption is presented. A second chapter takes a look at energy flows from producers to consumers and presents an energy balance for Switzerland in the form of tables and an energy-flow diagram. The individual energy sources and the import, export and storage of energy carriers are discussed as is the conversion between various forms and categories of energy. Details on the consumption of energy, its growth over the years up to 2002 and energy use in various sectors are presented. Also, the Swiss energy balance with reference to the use of renewable forms of energy such as solar energy, biomass, wastes and ambient heat is discussed and figures are presented on the contribution of renewables to heating and the generation of electrical power. The third chapter provides data on the individual energy carriers and the final chapter looks at economical and ecological aspects. An appendix provides information on the methodology used in collecting the statistics and on data available in the Swiss cantons

The Big Mac Standard: A statistical Illustration

OpenAIRE

Yukinobu Kitamura; Hiroshi Fujiki

2004-01-01

We demonstrate a statistical procedure for selecting the most suitable empirical model to test an economic theory, using the example of the test for purchasing power parity based on the Big Mac Index. Our results show that supporting evidence for purchasing power parity, conditional on the Balassa-Samuelson effect, depends crucially on the selection of models, sample periods and economies used for estimations.

Reaming process improvement and control: An application of statistical engineering

DEFF Research Database (Denmark)

Müller, Pavel; Genta, G.; Barbato, G.

2012-01-01

A reaming operation had to be performed within given technological and economical constraints. Process improvement under realistic conditions was the goal of a statistical engineering project, supported by a comprehensive experimental investigation providing detailed information on single...

Mining in the Federal Republic of Germany 2012. Mining industries and statistics. 64th year 2013. Documentation

International Nuclear Information System (INIS)

2013-11-01

The annual report of the series ''The mining industry in the Federal Republic of Germany - Mountain Economics and Statistics'' is published by the Federal Ministry of Economics and Technology in cooperation with the mining authorities of the federal states. It contains comprehensive data of all production facilities of mining industry in Germany and describes the position of the German industry in the context of the overall economic development. The report shows an interest in local raw materials as well as on the international raw materials economy. Moreover, the present publication provides a detailed statistics section. [de

Correlated randomness: Some examples of exotic statistical physics

Indian Academy of Sciences (India)

journal of. May 2005 physics pp. 645–660. Correlated randomness: Some examples of exotic statistical physics .... The key idea is that scale invariance is a statement not about algebraic .... Very recently an article appeared in Phys. Rev. ... One quarter of any newspaper with a financial section is filled with economic fluc-.

The macro-economic significance of nuclear power

International Nuclear Information System (INIS)

Brookes, L.G.

1983-01-01

The role of energy in economic systems and interpretation of energy statistics are discussed together with energy conservation and the two-way interaction between energy and economic activity. Misconceptions about the relative roles of energy conservation and new energy supply, and about the link between energy investment and jobs are described. It is concluded that price-induced energy saving measures are appropriate but not sufficient when energy prices rise; they should be accompanied by measures to increase the supply of low-cost/low-priced energy. The role of nuclear energy is two-fold: first, as a contribution to new energy supply and, secondly, in offering new economic opportunities. (UK)

A cross-national analysis of how economic inequality predicts biodiversity loss.

Science.gov (United States)

Holland, Tim G; Peterson, Garry D; Gonzalez, Andrew

2009-10-01

We used socioeconomic models that included economic inequality to predict biodiversity loss, measured as the proportion of threatened plant and vertebrate species, across 50 countries. Our main goal was to evaluate whether economic inequality, measured as the Gini index of income distribution, improved the explanatory power of our statistical models. We compared four models that included the following: only population density, economic footprint (i.e., the size of the economy relative to the country area), economic footprint and income inequality (Gini index), and an index of environmental governance. We also tested the environmental Kuznets curve hypothesis, but it was not supported by the data. Statistical comparisons of the models revealed that the model including both economic footprint and inequality was the best predictor of threatened species. It significantly outperformed population density alone and the environmental governance model according to the Akaike information criterion. Inequality was a significant predictor of biodiversity loss and significantly improved the fit of our models. These results confirm that socioeconomic inequality is an important factor to consider when predicting rates of anthropogenic biodiversity loss.

Scaling and universality in urban economic diversification.

Science.gov (United States)

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

2016-01-01

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

Practical Validation of Economic Efficiency Modelling Method for Multi-Boiler Heating System

Directory of Open Access Journals (Sweden)

Aleksejs Jurenoks

2017-12-01

Full Text Available In up-to-date conditions information technology is frequently associated with the modelling process, using computer technology as well as information networks. Statistical modelling is one of the most widespread methods of research of economic systems. The selection of methods of modelling of the economic systems depends on a great number of conditions of the researched system. Modelling is frequently associated with the factor of uncertainty (or risk, who’s description goes outside the confines of the traditional statistical modelling, which, in its turn, complicates the modelling which, in its turn, complicates the modelling process. This article describes the modelling process of assessing the economic efficiency of a multi-boiler adaptive heating system in real-time systems which allows for dynamic change in the operation scenarios of system service installations while enhancing the economic efficiency of the system in consideration.

Japanese migration in contemporary Japan: economic segmentation and interprefectural migration.

Science.gov (United States)

Fukurai, H

1991-01-01

This paper examines the economic segmentation model in explaining 1985-86 Japanese interregional migration. The analysis takes advantage of statistical graphic techniques to illustrate the following substantive issues of interregional migration: (1) to examine whether economic segmentation significantly influences Japanese regional migration and (2) to explain socioeconomic characteristics of prefectures for both in- and out-migration. Analytic techniques include a latent structural equation (LISREL) methodology and statistical residual mapping. The residual dispersion patterns, for instance, suggest the extent to which socioeconomic and geopolitical variables explain migration differences by showing unique clusters of unexplained residuals. The analysis further points out that extraneous factors such as high residential land values, significant commuting populations, and regional-specific cultures and traditions need to be incorporated in the economic segmentation model in order to assess the extent of the model's reliability in explaining the pattern of interprefectural migration.

Technology, organization and economic structure essays in honor of Prof. Isamu Yamada

CERN Document Server

Beckmann, Martin

1983-01-01

The essays in this volume were presented to Professor Isamu Yamada in honor of his seventy-third birthday. In view of his many professional contributions and associations, a single volume of essays is really insufficient to house the works of all those who wish to be part of a venture of this kind. Therefore, the editors would like to apologize to those friends and well-wishers of Professor Yamada who could not be accommodated in this volume. Born in Nagoya in 1909, Professor Yamada began his brilliant career at Nagoya Commercial College where he studied economics, statistics, mathematics and physics. After serving as a Professor of Economics and Statistics at Yokohama College between 1939-1940, Professor Yamada moved to Hitotsubashi University in Tokyo, where he served as a Professor of Econometrics until his retirement in 1973. Currently, he is teaching at Asia University as a Professor of Economics and Statistics. During his long tenure at Hitotsubashi University (where Professor Ichiro Nakayama, a "Japane...

MIGRATION IMPACT ON ECONOMICAL SITUATION

Directory of Open Access Journals (Sweden)

Virginia COJOCARU

2016-01-01

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

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

Statistical Physics in the Era of Big Data

Science.gov (United States)

Wang, Dashun

2013-01-01

With the wealth of data provided by a wide range of high-throughout measurement tools and technologies, statistical physics of complex systems is entering a new phase, impacting in a meaningful fashion a wide range of fields, from cell biology to computer science to economics. In this dissertation, by applying tools and techniques developed in…

Statistical power of intervention analyses: simulation and empirical application to treated lumber prices

Science.gov (United States)

Jeffrey P. Prestemon

2009-01-01

Timber product markets are subject to large shocks deriving from natural disturbances and policy shifts. Statistical modeling of shocks is often done to assess their economic importance. In this article, I simulate the statistical power of univariate and bivariate methods of shock detection using time series intervention models. Simulations show that bivariate methods...

Time-varying analysis of CO_2 emissions, energy consumption, and economic growth nexus: Statistical experience in next 11 countries

International Nuclear Information System (INIS)

Shahbaz, Muhammad; Mahalik, Mantu Kumar; Shah, Syed Hasanat; Sato, João Ricardo

2016-01-01

This paper detects the direction of causality among carbon dioxide (CO_2) emissions, energy consumption, and economic growth in Next 11 countries for the period 1972–2013. Changes in economic, energy, and environmental policies as well as regulatory and technological advancement over time, cause changes in the relationship among the variables. We use a novel approach i.e. time-varying Granger causality and find that economic growth is the cause of CO_2 emissions in Bangladesh and Egypt. Economic growth causes energy consumption in the Philippines, Turkey, and Vietnam but the feedback effect exists between energy consumption and economic growth in South Korea. In the cases of Indonesia and Turkey, we find the unidirectional time-varying Granger causality running from economic growth to CO_2 emissions thus validates the existence of the Environmental Kuznets Curve hypothesis, which indicates that economic growth is achievable at the minimal cost of environment. The paper gives new insights for policy makers to attain sustainable economic growth while maintaining long-run environmental quality.

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

Science.gov (United States)

Krause, David S

2005-04-01

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

Classification, (big) data analysis and statistical learning

CERN Document Server

Conversano, Claudio; Vichi, Maurizio

2018-01-01

This edited book focuses on the latest developments in classification, statistical learning, data analysis and related areas of data science, including statistical analysis of large datasets, big data analytics, time series clustering, integration of data from different sources, as well as social networks. It covers both methodological aspects as well as applications to a wide range of areas such as economics, marketing, education, social sciences, medicine, environmental sciences and the pharmaceutical industry. In addition, it describes the basic features of the software behind the data analysis results, and provides links to the corresponding codes and data sets where necessary. This book is intended for researchers and practitioners who are interested in the latest developments and applications in the field. The peer-reviewed contributions were presented at the 10th Scientific Meeting of the Classification and Data Analysis Group (CLADAG) of the Italian Statistical Society, held in Santa Margherita di Pul...

Statistics available for site studies in registers and surveys at Statistics Sweden

Energy Technology Data Exchange (ETDEWEB)

Haldorson, Marie [Statistics Sweden, Oerebro (Sweden)

2000-03-01

Statistics Sweden (SCB) has produced this report on behalf of the Swedish Nuclear Fuel and Waste Management Company (SKB), as part of the data to be used by SKB in conducting studies of potential sites. The report goes over the statistics obtainable from SCB in the form of registers and surveys. The purpose is to identify the variables that are available, and to specify their degree of geographical detail and the time series that are available. Chapter two describes the statistical registers available at SCB, registers that share the common feature that they provide total coverage, i.e. they contain all 'objects' of a given type, such as population, economic activities (e.g. from statements of employees' earnings provided to the tax authorities), vehicles, enterprises or real estate. SCB has exclusive responsibility for seven of the nine registers included in the chapter, while two registers are ordered by public authorities with statistical responsibilities. Chapter three describes statistical surveys that are conducted by SCB, with the exception of the National Forest Inventory, which is carried out by the Swedish University of Agricultural Sciences. In terms of geographical breakdown, the degree of detail in the surveys varies, but all provide some possibility of reporting data at lower than the national level. The level involved may be county, municipality, yield district, coastal district or category of enterprises, e.g. aquaculture. Six of the nine surveys included in the chapter have been ordered by public authorities with statistical responsibilities, while SCB has exclusive responsibility for the others. Chapter four presents an overview of the statistics on land use maintained by SCB. This chapter does not follow the same pattern as chapters two and three but instead gives a more general account. The conclusion can be drawn that there are good prospects that SKB can make use of SCB's data as background information or in other ways when

Statistics available for site studies in registers and surveys at Statistics Sweden

International Nuclear Information System (INIS)

Haldorson, Marie

2000-03-01

Statistics Sweden (SCB) has produced this report on behalf of the Swedish Nuclear Fuel and Waste Management Company (SKB), as part of the data to be used by SKB in conducting studies of potential sites. The report goes over the statistics obtainable from SCB in the form of registers and surveys. The purpose is to identify the variables that are available, and to specify their degree of geographical detail and the time series that are available. Chapter two describes the statistical registers available at SCB, registers that share the common feature that they provide total coverage, i.e. they contain all 'objects' of a given type, such as population, economic activities (e.g. from statements of employees' earnings provided to the tax authorities), vehicles, enterprises or real estate. SCB has exclusive responsibility for seven of the nine registers included in the chapter, while two registers are ordered by public authorities with statistical responsibilities. Chapter three describes statistical surveys that are conducted by SCB, with the exception of the National Forest Inventory, which is carried out by the Swedish University of Agricultural Sciences. In terms of geographical breakdown, the degree of detail in the surveys varies, but all provide some possibility of reporting data at lower than the national level. The level involved may be county, municipality, yield district, coastal district or category of enterprises, e.g. aquaculture. Six of the nine surveys included in the chapter have been ordered by public authorities with statistical responsibilities, while SCB has exclusive responsibility for the others. Chapter four presents an overview of the statistics on land use maintained by SCB. This chapter does not follow the same pattern as chapters two and three but instead gives a more general account. The conclusion can be drawn that there are good prospects that SKB can make use of SCB's data as background information or in other ways when undertaking future

Statistics available for site studies in registers and surveys at Statistics Sweden

Energy Technology Data Exchange (ETDEWEB)

Haldorson, Marie [Statistics Sweden, Oerebro (Sweden)

2000-03-01

Statistics Sweden (SCB) has produced this report on behalf of the Swedish Nuclear Fuel and Waste Management Company (SKB), as part of the data to be used by SKB in conducting studies of potential sites. The report goes over the statistics obtainable from SCB in the form of registers and surveys. The purpose is to identify the variables that are available, and to specify their degree of geographical detail and the time series that are available. Chapter two describes the statistical registers available at SCB, registers that share the common feature that they provide total coverage, i.e. they contain all 'objects' of a given type, such as population, economic activities (e.g. from statements of employees' earnings provided to the tax authorities), vehicles, enterprises or real estate. SCB has exclusive responsibility for seven of the nine registers included in the chapter, while two registers are ordered by public authorities with statistical responsibilities. Chapter three describes statistical surveys that are conducted by SCB, with the exception of the National Forest Inventory, which is carried out by the Swedish University of Agricultural Sciences. In terms of geographical breakdown, the degree of detail in the surveys varies, but all provide some possibility of reporting data at lower than the national level. The level involved may be county, municipality, yield district, coastal district or category of enterprises, e.g. aquaculture. Six of the nine surveys included in the chapter have been ordered by public authorities with statistical responsibilities, while SCB has exclusive responsibility for the others. Chapter four presents an overview of the statistics on land use maintained by SCB. This chapter does not follow the same pattern as chapters two and three but instead gives a more general account. The conclusion can be drawn that there are good prospects that SKB can make use of SCB's data as background information or in other ways when undertaking future

Faculty Library and Its Users (Interactively and Statistically

Directory of Open Access Journals (Sweden)

Rozalija Marinković

2011-12-01

Full Text Available According to popular opinion, statistics is the sum of incorrect data. However, much can be learned and concluded from statistical reports. In our example of recording statistics in the library of the Faculty of Economics in Osijek the following records are kept: user categories, the frequency of borrowing, the structure of borrowing, use of the reading room, use of the database, etc. Based on these data and statistical processing, the following can be analysed: the total number of users, the number of users by the year of study, by the content of used professional and scientific literature, by the use of serial publications in the reading room, or by the work on computers and database usage. All these data are precious for determining the procurement policy of the library, observing frequency of use of particular categories of professional and scientific literature (textbooks, handbooks, professional and scientific monographs, databases and determining operation guidelines for library staff.

Theories of International Economic Development (Case Study: Economic Development in Kosovo

Directory of Open Access Journals (Sweden)

MSc. Bardhok Bashota

2012-06-01

Full Text Available Karl Popper rightly says that “real starting point for each research is set based on assumptions of reality, not only based on the real facts”. The text below was prepared In accordance with this logic, where the Theories of International Development are treated especially focusing on International Economic Development. Therefore, theoretical reflections present assumption side, and study of many empirically measured data will correspond with real facts, because with ought these facts assumption would be useless. Technically this writing consists of two parts: in the first part are elaborated all theoretical and practical characteristics of overall international development, while in a second part as a case study will be Economic Development i Kosovo. From methodological point of view this is a comparative study and based on statistical data, while problem treating approach is critical and explanatory. As it will be understood later, development theories have been decisively influenced by economic thinking, and the focus on this dimension responds best to the nature of the term development. On the other hand the fact of unfolding economical development will reflect interference and the nature of it’s inter politics. Today economic development becomes a worldwide goal, having a considerable place in most of the literature with economic content. Also, here are presented as well examples from different practices that reflect economic development in different periods and places. Here is presented international economic development starting with a brief description of a genealogy of this development and ways of economic development back that time. It is of a special importance elaboration through theoretical approach on the creation of capital and economic development, as  mercantilist theory, classic and neo classic theory, than capitalization and Socialism-Marxism. To better understand the nature of economic development, the focus falls on

``Models'' CAVEAT EMPTOR!!!: ``Toy Models Too-Often Yield Toy-Results''!!!: Statistics, Polls, Politics, Economics, Elections!!!: GRAPH/Network-Physics: ``Equal-Distribution for All'' TRUMP-ED BEC ``Winner-Take-All'' ``Doctor Livingston I Presume?''

Science.gov (United States)

Preibus-Norquist, R. N. C.-Grover; Bush-Romney, G. W.-Willard-Mitt; Dimon, J. P.; Adelson-Koch, Sheldon-Charles-David-Sheldon; Krugman-Axelrod, Paul-David; Siegel, Edward Carl-Ludwig; D. N. C./O. F. P./''47''%/50% Collaboration; R. N. C./G. O. P./''53''%/49% Collaboration; Nyt/Wp/Cnn/Msnbc/Pbs/Npr/Ft Collaboration; Ftn/Fnc/Fox/Wsj/Fbn Collaboration; Lb/Jpmc/Bs/Boa/Ml/Wamu/S&P/Fitch/Moodys/Nmis Collaboration

2013-03-01

``Models''? CAVEAT EMPTOR!!!: ``Toy Models Too-Often Yield Toy-Results''!!!: Goldenfeld[``The Role of Models in Physics'', in Lects.on Phase-Transitions & R.-G.(92)-p.32-33!!!]: statistics(Silver{[NYTimes; Bensinger, ``Math-Geerks Clearly-Defeated Pundits'', LATimes, (11/9/12)])}, polls, politics, economics, elections!!!: GRAPH/network/net/...-PHYSICS Barabasi-Albert[RMP (02)] (r,t)-space VERSUS(???) [Where's the Inverse/ Dual/Integral-Transform???] (Benjamin)Franklin(1795)-Fourier(1795; 1897;1822)-Laplace(1850)-Mellin (1902) Brillouin(1922)-...(k,)-space, {Hubbard [The World According to Wavelets,Peters (96)-p.14!!!/p.246: refs.-F2!!!]},and then (2) Albert-Barabasi[]Bose-Einstein quantum-statistics(BEQS) Bose-Einstein CONDENSATION (BEC) versus Bianconi[pvt.-comm.; arXiv:cond-mat/0204506; ...] -Barabasi [???] Fermi-Dirac

Growth curve models and statistical diagnostics

CERN Document Server

Pan, Jian-Xin

2002-01-01

Growth-curve models are generalized multivariate analysis-of-variance models. These models are especially useful for investigating growth problems on short times in economics, biology, medical research, and epidemiology. This book systematically introduces the theory of the GCM with particular emphasis on their multivariate statistical diagnostics, which are based mainly on recent developments made by the authors and their collaborators. The authors provide complete proofs of theorems as well as practical data sets and MATLAB code.

Evolution of the global economic science as a factor of forming the expectations of economic agents

Directory of Open Access Journals (Sweden)

Valeriy Vladimirovich Shlychkov

2015-09-01

Full Text Available Objective to reveal the correlation between the level of economic system development and the adequacy of economic ideas and conceptions at particular historic periods to define the role of economic theory in generating economic knowledge and the degree of its influence on economic subjects39 behavior under permanent changes in technology setups and evolutionary development of economic systems. Methods the research methodology was based on ensuring the uniformity of logical and historical approaches the research methods were widely used descriptive analysis and synthesis deduction and induction generalization observation prediction scientific abstraction statistical analysis system analysis and techniques of grouping and classification methods of comparative historical and interdisciplinary analysis expert judgment the combination of these methods allowed to ensure the accuracy of the research and the validity of conclusions. Results the correlation was revealed between the level of economic system development and the adequacy of economic ideas and concepts at certain historical periods the significant role of economic theory in shaping the optimal behavior of economic entitieswas identified the purpose of the economic theory was statedass providing the evolutionary development of our civilization through the process of scientifictheoretical support of business activities of the society. Scientific novelty the main theoretical and methodological approaches were identified to the formation of economic agents expectations to obtain economic knowledge the trends are revealed of expansion and qualitative change of the range of issues facing economistsresearchers in the development of postindustrial society the authorsrsquo interpretation is proposed of the notion ldquoeconomic agentsrsquoexpectationrdquo in which public expectations of economic science are viewed as quotthe formed society need for scientifically grounded economic knowledgequot it

Economic impact of Beijing 2008 Olympic Games

OpenAIRE

Zheng, Peng

2009-01-01

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

Visualization of time series statistical data by shape analysis (GDP ratio changes among Asia countries)

Science.gov (United States)

Shirota, Yukari; Hashimoto, Takako; Fitri Sari, Riri

2018-03-01

It has been very significant to visualize time series big data. In the paper we shall discuss a new analysis method called “statistical shape analysis” or “geometry driven statistics” on time series statistical data in economics. In the paper, we analyse the agriculture, value added and industry, value added (percentage of GDP) changes from 2000 to 2010 in Asia. We handle the data as a set of landmarks on a two-dimensional image to see the deformation using the principal components. The point of the analysis method is the principal components of the given formation which are eigenvectors of its bending energy matrix. The local deformation can be expressed as the set of non-Affine transformations. The transformations give us information about the local differences between in 2000 and in 2010. Because the non-Affine transformation can be decomposed into a set of partial warps, we present the partial warps visually. The statistical shape analysis is widely used in biology but, in economics, no application can be found. In the paper, we investigate its potential to analyse the economic data.

The economic impact of Mexico City's smoke-free law.

Science.gov (United States)

López, Carlos Manuel Guerrero; Ruiz, Jorge Alberto Jiménez; Shigematsu, Luz Myriam Reynales; Waters, Hugh R

2011-07-01

To evaluate the economic impact of Mexico City's 2008 smoke-free law--The Non-Smokers' Health Protection Law on restaurants, bars and nightclubs. We used the Monthly Services Survey of businesses from January 2005 to April 2009--with revenues, employment and payments to employees as the principal outcomes. The results are estimated using a differences-in-differences regression model with fixed effects. The states of Jalisco, Nuevo León and México, where the law was not in effect, serve as a counterfactual comparison group. In restaurants, after accounting for observable factors and the fixed effects, there was a 24.8% increase in restaurants' revenue associated with the smoke-free law. This difference is not statistically significant but shows that, on average, restaurants did not suffer economically as a result of the law. Total wages increased by 28.2% and employment increased by 16.2%. In nightclubs, bars and taverns there was a decrease of 1.5% in revenues and an increase of 0.1% and 3.0%, respectively, in wages and employment. None of these effects are statistically significant in multivariate analysis. There is no statistically significant evidence that the Mexico City smoke-free law had a negative impact on restaurants' income, employees' wages and levels of employment. On the contrary, the results show a positive, though statistically non-significant, impact of the law on most of these outcomes. Mexico City's experience suggests that smoke-free laws in Mexico and elsewhere will not hurt economic productivity in the restaurant and bar industries.

COMPARATIVE PERSPECTIVES IN ECONOMIC CRISES GEOGRAPHY. ECONOMIC STRATEGIES IN EU COUNTRIES

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Roxana Maria Grecu

2011-06-01

Full Text Available The strategies for structural-systemic crisis management have generated, to a geographical level, a number of differences between EU countries. These cleavages are the result of differentialmacroeconomic policies. In this context, this article has the aim of achieving a comparative approach between countries of the south, west and east of the EU space. Also our approach is focused on observing the nature of macroeconomic policies and also on identifying a "pattern" associated with a common ideal -type of "rational choice" in the efficient and effective management of systemic crises. This article aims to identify areas of growth and economic stability of a particular model of public policy and political-economic ideology, to set up a mechanism for "economic engineering”. From the methodological point of view, this article uses a quantitativemethodology, derived from mathematical analysis, statistics and stochastic, in order to explain, understand and predict the possible evolution of the systemic crises in the EU countries. The interest lies in the possibility of giving a model of macroeconomic policy for the adjustment of inflationist imbalances, labor market and pricepolicy, and also in regulating the equation of production-consumption.

Managing Macroeconomic Risks by Using Statistical Simulation

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Merkaš Zvonko

2017-06-01

limitations. It can be used to study very complex systems by using special computer programs. The method uses reasonable estimates for important economic inputs to determine a set of results, not only one outcome at one point in time, yet there is a multiple-possibilities estimation of a certain risk performance, regarding the range of economic variables used in the model. Attempt to influence and influence itself on certain macroeconomic risks, in today’s economy, occupies one of the primary imperatives of the world, therefore, this paper deals with the mutual correlation and application of statistical simulations in macroeconomic risks measurement in order to better prevention and remediation.

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

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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

International petroleum statistics report

Energy Technology Data Exchange (ETDEWEB)

NONE

1995-10-01

The International Petroleum Statistics Report is a monthly publication that provides current international oil data. This report presents data on international oil production, demand, imports, exports and stocks. The report has four sections. Section 1 contains time series data on world oil production, and on oil demand and stocks in the Organization for Economic Cooperation and Development (OECD). Section 2 presents an oil supply/demand balance for the world, in quarterly intervals for the most recent two years. Section 3 presents data on oil imports by OECD countries. Section 4 presents annual time series data on world oil production and oil stocks, demand, and trade in OECD countries.

Economic Growth—Human Capital Nexus in Post-Soviet Ukraine, 1989-2009

OpenAIRE

Osipian, Ararat

2008-01-01

This book presents theoretical and empirical investigation of economic growth and the possible impact of human capital on economic growth in Ukraine, the Russian Federation, Poland, and Hungary during the period of 1989-2009. This research defines place and role of human capital in the process of transition from the exogenous to the endogenous forms of growth and socio-economic development. It research presents an extended statistical analysis of transition economies. Substantial part of the ...

ECONOMIC DEVELOPMENT AND EU CITIZENS’ PRO-ENVIRONMENTAL ATTITUDES

OpenAIRE

Elena N. UNTARU; Ana ISPAS; Adina N. CANDREA

2014-01-01

The present paper aims to determine the influence of EU member countries’ economic development on their citizens’ pro-environmental attitudes, using a Cluster Analysis, a Principal Components Analysis and a series of multiple regressions. In this sense, we have used the results of the 2012 survey on the „Attitudes of Europeans towards building the single market for green products”, as well as the 2012 statistical information referring to EU member countries’ economic development, provided by ...

Applications of statistical physics to the social and economic sciences

Science.gov (United States)

Petersen, Alexander M.

2011-12-01

This thesis applies statistical physics concepts and methods to quantitatively analyze socioeconomic systems. For each system we combine theoretical models and empirical data analysis in order to better understand the real-world system in relation to the complex interactions between the underlying human agents. This thesis is separated into three parts: (i) response dynamics in financial markets, (ii) dynamics of career trajectories, and (iii) a stochastic opinion model with quenched disorder. In Part I we quantify the response of U.S. markets to financial shocks, which perturb markets and trigger "herding behavior" among traders. We use concepts from earthquake physics to quantify the decay of volatility shocks after the "main shock." We also find, surprisingly, that we can make quantitative statements even before the main shock. In order to analyze market behavior before as well as after "anticipated news" we use Federal Reserve interest-rate announcements, which are regular events that are also scheduled in advance. In Part II we analyze the statistical physics of career longevity. We construct a stochastic model for career progress which has two main ingredients: (a) random forward progress in the career and (b) random termination of the career. We incorporate the rich-get-richer (Matthew) effect into ingredient (a), meaning that it is easier to move forward in the career the farther along one is in the career. We verify the model predictions analyzing data on 400,000 scientific careers and 20,000 professional sports careers. Our model highlights the importance of early career development, showing that many careers are stunted by the relative disadvantage associated with inexperience. In Part III we analyze a stochastic two-state spin model which represents a system of voters embedded on a network. We investigate the role in consensus formation of "zealots", which are agents with time-independent opinion. Our main result is the unexpected finding that it is the

Determinants of Malaysian and Singaporean Economics Undergraduates' Academic Performance

OpenAIRE

Chang Da Wan; Roland K. Cheo

2012-01-01

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

Statistics in the Workplace: A Survey of Use by Recent Graduates with Higher Degrees

Science.gov (United States)

Harraway, John A.; Barker, Richard J.

2005-01-01

A postal survey was conducted regarding statistical techniques, research methods and software used in the workplace by 913 graduates with PhD and Masters degrees in the biological sciences, psychology, business, economics, and statistics. The study identified gaps between topics and techniques learned at university and those used in the workplace,…

Swedish Environmental and Economic Accounts. Physical accounts for energy and emissions to air 1993 and 1995

International Nuclear Information System (INIS)

2000-01-01

This Statistical Report presents results from the physical Swedish Environmental and Economic Accounts for the years 1993 and 1995 according to the classification NACE. The Environmental Economic Accounts constitute an integrated and comprehensive system for environmental and economic statistics. Environmental data are systematically presented together with economic data in a common framework. The system can be used for analyses of various relationships between economy and environment. Data on emissions to air of carbon dioxide, sulphur dioxide, nitrogen oxides, carbon monoxide, methane, nitrous oxide and ammonia are presented for 39 industries, government services and private consumption. The use of energy commodities in monetary and physical terms are also presented for the same sectors. Economic, energy and emission data are also presented in environmental and economic profiles and indicators. Environmental and economic profiles provide an illustration of the relationship between industry, consumption of energy commodities and emission to air. Indicators, that show e.g. emissions (in kg) by value added (in SEK) for economic activities, is another way to illustrate the relation between emissions and economic data

Economic Analyses of Ware Yam Production in Orlu Agricultural ...

African Journals Online (AJOL)

Economic Analyses of Ware Yam Production in Orlu Agricultural Zone of Imo State. ... International Journal of Agriculture and Rural Development ... statistics, gross margin analysis, marginal analysis and multiple regression analysis. Results ...

How Much Math Do Students Need to Succeed in Business and Economics Statistics? An Ordered Probit Analysis

Science.gov (United States)

Green, Jeffrey J.; Stone, Courtenay C.; Zegeye, Abera; Charles, Thomas A.

2009-01-01

Because statistical analysis requires the ability to use mathematics, students typically are required to take one or more prerequisite math courses prior to enrolling in the business statistics course. Despite these math prerequisites, however, many students find it difficult to learn business statistics. In this study, we use an ordered probit…

Development of modelling algorithm of technological systems by statistical tests

Science.gov (United States)

Shemshura, E. A.; Otrokov, A. V.; Chernyh, V. G.

2018-03-01

The paper tackles the problem of economic assessment of design efficiency regarding various technological systems at the stage of their operation. The modelling algorithm of a technological system was performed using statistical tests and with account of the reliability index allows estimating the level of machinery technical excellence and defining the efficiency of design reliability against its performance. Economic feasibility of its application shall be determined on the basis of service quality of a technological system with further forecasting of volumes and the range of spare parts supply.

471 socio-economic factors influencing agricultural radio

African Journals Online (AJOL)

Osondu

The study examined socio economic factors influencing agricultural radio programme FILIN. MAINOMA in ... statistics such as, Pearson Product Moment Correlation Coefficient (PPMC) and Chi-Square analysis. (χ. 2). .... of fish farmers association while one third. (22.22%) ... problems of language barrier and 6.00% of the.

The Current Status of the Economic Security of Poltava Region

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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.

ASSESSMENT OF SOCIAL AND ECONOMIC DEVELOPMENT ASTRAKHAN REGION AND ITS DISTRICTS

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Almina B. Eldyaeva

2014-01-01

Full Text Available The results of statistical analysis of socio-economic development of Astrakhan region and its districts for the period 2008-2013, on the basis of which it was revealed the strongest economic inequality between the regions and the Krasnoyarsk region, where «Gazprom» that leads to huge imbalances in socio-economic development. Multivariate analysis to identify problem areas and priority directions of socio-economic development of municipal districts of the Astrakhan region was conducted.Application of the results of the analysis can enhance the effectiveness of actions of Executive bodies of various levels in the process of regulation of socio-economic development of society.

Inequalities in child mortality in Mozambique: differentials by parental socio-economic position

DEFF Research Database (Denmark)

Macassa, Gloria; Ghilagaber, Gebrenegus; Bernhardt, Eva

2003-01-01

This study investigates the relation between socio-economic parental position (education and occupation) and child death in Mozambique using data from the Mozambican Demographic and Health Survey carried out between March and July 1997. The analysis included 9142 children born within 10 years...... before the survey. In spite of the Western system of classification used in the study, the results partly showed a parental socio-economic gradient of infant and child mortality in Mozambique. Father's education seemed to reflect the family's social standing in the Mozambique context, showing a strong...... statistical association with postneonatal and child mortality. However, maternal education as a measure of socio-economic position was not statistically significantly associated with child mortality. This finding may partly be explained by the extreme hardships experienced by the country (civil war...

RECONSIDERING ECONOMIC PRODUCTIVITY

Directory of Open Access Journals (Sweden)

RIS A. MIHAI

2014-12-01

Full Text Available Economy has changed significantly over the past century, in part due to the scientific discoveries, due to the industrial revolution, to the research, development and innovation, but maybe the most important contributor to the economic development is the human resource. We have witnessed significant changes enhancing the levels of productivity, both labor and capital. This paper analyzes productivity in relation to its social and sustainability dimension. The paper follows a previous study, highlighting the most important findings identified and reinterpreting them on the basis of the most recent research papers produced by the scholars in the field. The analysis is focused on the most unsustainable economies worldwide, respectively, the United Arab Emirates, Qatar, Belgium, Kuwait, Singapore, Netherlands, Republic of Korea, Israel, Saudi Arabia, Macedonia, Japan and the United States of America – selected by considering their per capita ecological deficit. The research uses statistical data provided by the United Nations Development Program, the World Bank and the Global Footprint Network. The research combines economical, development and environmental indexes in our attempt to evaluate productivity and to adjust it so that it considers the ecological deficit of the nations. The research hypothesis that generated the study is: the levels of economic productivity obtained by countries are not limited by their biocapacities. The empirical analysis will verify the research question advocating for the need to consider the limited capacity of the planet, in term of natural resources, when promoting economic and social development.

Knowledge-Intensive Gathering and Integration of Statistical Information on European Fisheries

NARCIS (Netherlands)

Klinkert, M.; Treur, J.; Verwaart, T.; Loganantharaj, R.; Palm, G.; Ali, M.

2000-01-01

Gathering, maintenance, integration and presentation of statistics are major activities of the Dutch Agricultural Economics Research Institute LEI. In this paper we explore how knowledge and agent technology can be exploited to support the information gathering and integration process. In

ECOLOGICAL AND ECONOMIC PROBLEMS OF AGRICULTURAL LAND IN THE REPUBLIC OF KALMYKIA

OpenAIRE

G. M. Borlikov; T. I. Bakinova; A. G. Zelensky

2015-01-01

Aim The aim is to analyze the ecological, economic and social issues of land use and to define organizational and economic measures to improve its effectiveness. Methods. We used scientific methods: comparison, generalization, analysis, synthesis, induction, deduction, system methods etc., as well as specific scientific methods: economic and mathematical, statistical, expert assessments, and others. On the basis of these methods we have carried out ecological and geographical, ecological and ...

Northeast China while Implementing the Economic Recovery Plan

Directory of Open Access Journals (Sweden)

Izotov D. A.

2009-06-01

Full Text Available Based on the analysis of China’s official statistics, intermediate results of the realization of the Northeast China’s Economic Recovery Plan are summarized, and the efficiency of measures taken in 2003-2007 is evaluated. It is shown that the large-scale reforms going on in Northeast China will inevitably affect its trade-economic relations with the neighboring constituent entities of the Russian Federation and will considerably determine external conditions of development of their economy in the foreseeable future

Main economics indicators

International Nuclear Information System (INIS)

1995-11-01

This monthly publication, based on the most up-to-date techniques of tabular and graphical presentation, is designed to provide at a glance a picture of the most recent changes in the economies of the OECD countries, and a collection of international statistics on the economic developments which have affected the OECD area in the past few years. The indicators selected cover national accounts, industrial production, business surveys, deliveries, stocks and orders, construction, internal trade, labour, wages, prices, domestic and foreign finance, interest rates, trade and payments. (author)

The economic performance of regions in the Czech Republic

Directory of Open Access Journals (Sweden)

Lenka Procházková

2013-01-01

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

ANALYSIS OF THE ECONOMIC GROWTH TRENDS IN ROMANIA BETWEEN 2010-2012

Directory of Open Access Journals (Sweden)

Daniela Mihaela NEAMȚU

2014-06-01

Full Text Available The question: "Why some countries are richer than others?" is a crucial problem that many economists have proposed to answer. Firstly, it should be noted the fact that the economic development is a quantitative and qualitative concept with a much broader area than growth. It is good that we have economic growth and stability but it is not enough to have economic development. Why? While economic growth is measured by a small number of indicators, among which the most important is the growth rate of GDP, the economic growth implies a long-term dynamic equilibrium, a sustainable growth trajectory based on optimal use of all available resources, the continued development of innovative potential and human capital and the development of strong institutions in order to support economic growth. This study aims, by keeping the interdependence of the investigated aspects, to analyze and describe the following dimensions: GDP per capita and the average productivity per hour, the most important issues that have led to changes of GDP, where Romania is classified from the growth point of view. The study includes the results of research, statistical series and arguments about the evolution of GDP based on National Institute of Statistics and Economic Studies and the Romanian National Bank over the last three years. Finally, the paper proposes a series of lines of action for further sustainable development of our country and reducing the disparities with the EU average.

Economic Freedom and Entrepreneurial Activity: Evidence from EU 11 Countries

Directory of Open Access Journals (Sweden)

Mandić Dragan

2017-12-01

Full Text Available In this paper, we will present the results of our survey on economic freedom and entrepreneurial activity. We have conducted our analysis on EU 11countries (Belgium, Denmark, France, Germany, Greece, Ireland, Italy, Netherlands, Spain, Sweden and United Kingdom for the time period 2000- 2014. To measure the entrepreneurial activity we have used data from the Global Entrepreneurship Monitor, and to measure economic freedom, we have used data from Fraiser Institute. Our results suggest strong positive and statistically significant, long term impact of economic freedom on entrepreneurial activity.

External Debt and Economic Growth: Evidence from Nigeria

Directory of Open Access Journals (Sweden)

Lawal Isola Adedoyin

2016-12-01

Full Text Available The study examined the impact of external debt on economic growth in Nigeria for the period 1981-2014 based on annual data sourced from the Central Bank of Nigeria (CBN Statistical Bulletin (various issues and abstract of National Bureau of Statistics (NBS. The researcher examined the existence of Co-integration among the underlying variables using Auto-regressive Distributed Lag (ARDL model after conducting preliminary statistical test to ascertain the normality of the variables as well as stationary of the data set using descriptive and unit root tests. The result of the ARDL test shows that a significant relationship exists between external debt and economic growth both at the long and short run. The study also examined the causality among the variables using Granger causality test and observed that no causality exist among the variables. The study therefore recommends that government should ensure that loans obtained are used to finance profitable projects that would generate reasonable amount of revenue to service the debts and also adequate record of debt payment obligations should be kept and debt should not be allowed to exceed a maximum limit in order to prevent debt overhang.

Developmental State Policy, Educational Development, and Economic Development: Policy Processes in South Korea (1961-1979)

Science.gov (United States)

Kim, Ki Su

2012-01-01

This paper explores two inter-connected issues--the state's role in educational development and educational contribution to economic development--in the policy processes entailed by the South Korean state's pursuit of economic development during the Park Chung Hi era, 1961-1979. It disputes the statist view that South Korea's economic development…

Irrigated Area Maps and Statistics of India Using Remote Sensing and National Statistics

Directory of Open Access Journals (Sweden)

Prasad S. Thenkabail

2009-04-01

Full Text Available The goal of this research was to compare the remote-sensing derived irrigated areas with census-derived statistics reported in the national system. India, which has nearly 30% of global annualized irrigated areas (AIAs, and is the leading irrigated area country in the World, along with China, was chosen for the study. Irrigated areas were derived for nominal year 2000 using time-series remote sensing at two spatial resolutions: (a 10-km Advanced Very High Resolution Radiometer (AVHRR and (b 500-m Moderate Resolution Imaging Spectroradiometer (MODIS. These areas were compared with the Indian National Statistical Data on irrigated areas reported by the: (a Directorate of Economics and Statistics (DES of the Ministry of Agriculture (MOA, and (b Ministry of Water Resources (MoWR. A state-by-state comparison of remote sensing derived irrigated areas when compared with MoWR derived irrigation potential utilized (IPU, an equivalent of AIA, provided a high degree of correlation with R2 values of: (a 0.79 with 10-km, and (b 0.85 with MODIS 500-m. However, the remote sensing derived irrigated area estimates for India were consistently higher than the irrigated areas reported by the national statistics. The remote sensing derived total area available for irrigation (TAAI, which does not consider intensity of irrigation, was 101 million hectares (Mha using 10-km and 113 Mha using 500-m. The AIAs, which considers intensity of irrigation, was 132 Mha using 10-km and 146 Mha using 500-m. In contrast the IPU, an equivalent of AIAs, as reported by MoWR was 83 Mha. There are “large variations” in irrigated area statistics reported, even between two ministries (e.g., Directorate of Statistics of Ministry of Agriculture and Ministry of Water Resources of the same national system. The causes include: (a reluctance on part of the states to furnish irrigated area data in view of their vested interests in sharing of water, and (b reporting of large volumes of data

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.

Growth Curve Models and Applications : Indian Statistical Institute

CERN Document Server

2017-01-01

Growth curve models in longitudinal studies are widely used to model population size, body height, biomass, fungal growth, and other variables in the biological sciences, but these statistical methods for modeling growth curves and analyzing longitudinal data also extend to general statistics, economics, public health, demographics, epidemiology, SQC, sociology, nano-biotechnology, fluid mechanics, and other applied areas.   There is no one-size-fits-all approach to growth measurement. The selected papers in this volume build on presentations from the GCM workshop held at the Indian Statistical Institute, Giridih, on March 28-29, 2016. They represent recent trends in GCM research on different subject areas, both theoretical and applied. This book includes tools and possibilities for further work through new techniques and modification of existing ones. The volume includes original studies, theoretical findings and case studies from a wide range of app lied work, and these contributions have been externally r...

Economic communication model set

Science.gov (United States)

Zvereva, Olga M.; Berg, Dmitry B.

2017-06-01

This paper details findings from the research work targeted at economic communications investigation with agent-based models usage. The agent-based model set was engineered to simulate economic communications. Money in the form of internal and external currencies was introduced into the models to support exchanges in communications. Every model, being based on the general concept, has its own peculiarities in algorithm and input data set since it was engineered to solve the specific problem. Several and different origin data sets were used in experiments: theoretic sets were estimated on the basis of static Leontief's equilibrium equation and the real set was constructed on the basis of statistical data. While simulation experiments, communication process was observed in dynamics, and system macroparameters were estimated. This research approved that combination of an agent-based and mathematical model can cause a synergetic effect.

Regional Investment Policy Under The Impact Of Budget Limitations And Economic Sanctions

OpenAIRE

Avramenko, Yelena S.; Vlasov, Semyon V.; Lukyanov, Sergey A.; Temkina, Irina M.

2018-01-01

This article presents the results of research on the impact which budget limitations and economic sanctions have had on regional investment policy External sanctions and sluggish economic growth have affected the social and economic development of the region. Relying on the results of comparative and statistical analysis, the article demonstrates the need for altering the focus of current investment policy from quantitative growth to qualitative enhancement. The article analyses a new trend i...

Economic importance of the small miner and small mining businesses in Alaska

Energy Technology Data Exchange (ETDEWEB)

Hawley, C.C.; Whitney, J.W.; Wobber, F.J.

1977-11-01

This study documents the economic characteristics of the small mining industry in Alaska, including both mine production and mineral deposit discovery. Economic effects on business activities in Alaska are considered. The study is largely qualitative in nature. It is based on state economic statistics, data obtained from state and federal government agencies, interviews, and indirect evaluation. Direct and indirect effects on employment, purchase and maintenance of heavy equipment, fuels, other consumables, and transportation are identified.

13 CFR 301.3 - Economic distress levels.

Science.gov (United States)

2010-01-01

.... (3) A Project located in a geographic area of poverty or high unemployment that meets the... Project benefits will occur (paragraph (a)(2) of this section), or the geographic area of poverty or high... the Census Bureau and the Bureaus of Economic Analysis, Labor Statistics, Indian Affairs or any other...

Technology Transfer, Foreign Direct Investment and Economic ...

African Journals Online (AJOL)

2015-05-29

May 29, 2015 ... Investment and Economic Growth in Nigeria. Omojola ... view of FDI and trade, towards a more friendly view, by using FDI and trade as ..... the automatically selected Schwarz Info Criterion and the maximum lags, in ..... National Bureau of Statistics [NBS], 2007, 'National account of Nigeria: 1981-. 2006' ...

76 FR 321 - Proposed Information Collection; Comment Request; 2012 Economic Census Covering the Utilities...

Science.gov (United States)

2011-01-04

... Economic Census Covering the Utilities, Transportation and Warehousing, Finance and Insurance, and Real... nondecennial census years. The 2012 Economic Census covering Utilities, Transportation and Warehousing, Finance... basic statistics by kind of business on the number of establishments, revenue, payroll, and employment...

Health economic evaluation in lumbar spinal fusion: a systematic literature review anno 2005

DEFF Research Database (Denmark)

Soegaard, Rikke; Christensen, Finn B

2006-01-01

in clinical practice are present, economic evaluation is needed in order to facilitate the decision-makers' budget allocations. NHS Economic Evaluation Database, MEDLINE, EMBASE and Cochrane Library were searched. Two independent reviewers (one clinical content expert and one economic content expert) applied...... that the clinical effects are statistically synonymous, it does not support the use of high-cost techniques. There is a great potential for improvement of methodological quality in economic evaluations of lumbar spinal fusion and further research is imperative....

Fiscal Policy and Economic Growth in Nigeria

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Sylvia Uchenna Agu

2015-11-01

Full Text Available This article aims at determining the impact of various components of fiscal policy on the Nigerian economy. We simply used descriptive statistics to show contribution of government fiscal policy to economic growth, and to ascertain and explain growth rates, and an ordinary least square (OLS in a multiple form to ascertain the relationship between economic growth and government expenditure components after ensuring data stationarity. Findings revealed that total government expenditures have tended to increase with government revenue, with expenditures peaking faster than revenue. Investment expenditures were much lower than recurrent expenditures evidencing the poor growth in the country’s economy. Hence, there is some evidence of positive correlation between government expenditure on economic services and economic growth. Therefore, in public spending, it is important to note that the effectiveness of the private sector depends on the stability and predictability of the public incentive framework, which promotes or crowds out private investment.

Public Debt, Corruption and Sustainable Economic Growth

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Eunji Kim

2017-03-01

Full Text Available There are many studies that look into the relationship between public debt and economic growth. It is hard to find, however, research addressing the role of corruption between these two variables. Noticing this vacancy in current literature, we strive to investigate the effect of corruption on the relationship between public debt and economic growth. For this purpose, the pooled ordinary least squares (OLS, fixed effects models and the dynamic panel generalized method of moments (GMM models (Arellano-Bond, 1991 are estimated with data of 77 countries from 1990 to 2014. The empirical results show that the interaction term between public debt and corruption is statistically significant. This confirms the hypothesis that the effect of public debt on economic growth is a function of corruption. The sign of the marginal effect is negative in corrupt countries, but public debt enhances economic growth within countries that are not corrupt, i.e., highly transparent.

Driving Economic Growth: Higher Education--A Core Strategic Asset to the UK. Higher Education in Focus: Driving Economic Growth

Science.gov (United States)

Universities UK, 2011

2011-01-01

This publication highlights the critical role UK universities will continue to play in reviving and sustaining economic growth across the country. Using a range of visual data and statistics, it highlights that the UK's future success depends on developing innovation and the knowledge economy in what is an increasingly competitive global…

Statistical Compilation of the ICT Sector and Policy Analysis | Page 2 ...

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

... to widen and deepen, so too does its impact on economic development. ... The outcomes of such efforts will subsequently inform policy discourse and ... Studies. Statistical Compilation of the ICT Sector and Policy Analysis project : country experiences; Malaysia ... Asian outlook: New growth dependent on new productivity.

Corruption in economic development - beneficial grease, minor annoyance, or major obstacle?

OpenAIRE

Shang-Jin Wei

1999-01-01

The author reviews the overwhelming statistical evidence that countries with high levels of corruption experience poor economic performance. Corruption hinders economic development by reducing domestic investment, discouraging foreign direct investment, encouraging overspending in government, and distorting the composition of government spending (away from education, health, and infrastructure maintenance toward less efficient but more manipulable public projects). The World Bank and the Inte...

Financial liberalization and economic growth : A meta-analysis

NARCIS (Netherlands)

Bumann, Silke; Hermes, Niels; Lensink, Robert

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

Neural networks in economic modelling : An empirical study

NARCIS (Netherlands)

Verkooijen, W.J.H.

1996-01-01

This dissertation addresses the statistical aspects of neural networks and their usability for solving problems in economics and finance. Neural networks are discussed in a framework of modelling which is generally accepted in econometrics. Within this framework a neural network is regarded as a

How Much Math Do Students Need to Succeed in Business and Economics Statistics? An Ordered Probit Analysis

OpenAIRE

Jeffrey J. Green; Courtenay C. Stone; Abera Zegeye; Thomas A. Charles

2008-01-01

Because statistical analysis requires both familiarity with and the ability to use mathematics, students typically are required to take one or more prerequisite math courses prior to enrolling in the business statistics course. Despite these math prerequisites, however, students find it extremely difficult to learn business statistics. In this study, we use an ordered probit model to examine the effect of alternative prerequisite math course sequences on the grade performance of 1,684 busines...

Statistical identification of effective input variables

International Nuclear Information System (INIS)

Vaurio, J.K.

1982-09-01

A statistical sensitivity analysis procedure has been developed for ranking the input data of large computer codes in the order of sensitivity-importance. The method is economical for large codes with many input variables, since it uses a relatively small number of computer runs. No prior judgemental elimination of input variables is needed. The sceening method is based on stagewise correlation and extensive regression analysis of output values calculated with selected input value combinations. The regression process deals with multivariate nonlinear functions, and statistical tests are also available for identifying input variables that contribute to threshold effects, i.e., discontinuities in the output variables. A computer code SCREEN has been developed for implementing the screening techniques. The efficiency has been demonstrated by several examples and applied to a fast reactor safety analysis code (Venus-II). However, the methods and the coding are general and not limited to such applications

Estimation of measurement variance in the context of environment statistics

Science.gov (United States)

Maiti, Pulakesh

2015-02-01

The object of environment statistics is for providing information on the environment, on its most important changes over time, across locations and identifying the main factors that influence them. Ultimately environment statistics would be required to produce higher quality statistical information. For this timely, reliable and comparable data are needed. Lack of proper and uniform definitions, unambiguous classifications pose serious problems to procure qualitative data. These cause measurement errors. We consider the problem of estimating measurement variance so that some measures may be adopted to improve upon the quality of data on environmental goods and services and on value statement in economic terms. The measurement technique considered here is that of employing personal interviewers and the sampling considered here is that of two-stage sampling.

Statistical methods and applications from a historical perspective selected issues

CERN Document Server

Mignani, Stefania

2014-01-01

The book showcases a selection of peer-reviewed papers, the preliminary versions of which were presented at a conference held 11-13 June 2011 in Bologna and organized jointly by the Italian Statistical Society (SIS), the National Institute of Statistics (ISTAT) and the Bank of Italy. The theme of the conference was "Statistics in the 150 years of the Unification of Italy." The celebration of the anniversary of Italian unification provided the opportunity to examine and discuss the methodological aspects and applications from a historical perspective and both from a national and international point of view. The critical discussion on the issues of the past has made it possible to focus on recent advances, considering the studies of socio-economic and demographic changes in European countries.

A statistical approach to the analysis of merger and acquisition efficiency in the Russian industry

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Karelina M.

2017-01-01

Full Text Available At present, the success of economic institution transformations, as well as creating an efficient economic system with a fundamental new nature of corporate relationships are impossible without the statistical recording of factors contributing to the efficiency of merger and acquisition transactions in the Russian industry. The paper proposes a method for analyzing the efficiency of merger and acquisition transactions of enterprises in the industrial sector of the Russian economy, based on simulation methods. The methodical approach developed to analyze the efficiency of the integration transactions of Russian industrial companies allows one to consider individual preferences of investors, as well as to give a complex statistical evaluation of the strategic economic benefits from M&A transactions. This method enables to evaluate the probability and stability of the synergistic effect values within the increase of competitiveness of Russian industrial enterprises on the domestic and foreign markets.

Statistical annual report 2008 - Furnas Electric Power Plants Inc. - Calendar year 2007

International Nuclear Information System (INIS)

2008-01-01

This 30th edition of the statistical annual report of Furnas reports the performance of the company in 2007 and recent years allowing a general view on: Furnas system; production and supply; financial and economic data, personnel and indicators

Demographic and health situation of children in conditions of economic destabilization in the Ukraine.

Science.gov (United States)

Pantyley, Viktoriya

2014-01-01

In new conditions of socio-economic development in the Ukraine, the health of the population of children is considered as the most reliable indicator of socio-economic development of the country. The primary goal of the study was analysis of the effect of contemporary socio-economic transformations, their scope, and strength of effect on the demographic and social situation of children in various regions of the Ukraine. The methodological objectives of the study were as follows: development of a synthetic measure of the state of health of the population of children, based on the Hellwig's method, and selection of districts in the Ukraine according to the present health-demographic situation of children. The study was based on statistical data from the State Statistics Service of Ukraine, Centre of Medical Statistics in Kiev, Ukrainian Ministry of Defence, as well as Ministry of Education and Science, Youth and Sports of Ukraine. The following research methods were used: analysis of literature and Internet sources, selection and analysis of statistical materials, cartographic and statistical methods. Basic indices of the demographic and health situation of the population of children were analyzed, as well as factors of a socio-economic nature which affect this situation. A set of variables was developed for the synthetic evaluation of the state of health of the population of children. The typology of the Ukrainian districts was performed according to the state of health of the child population, based on the Hellwig's taxonomic method. Deterioration was observed of selected quality parameters, as well as a change in the strength and directions of effect of factors of organizational-institutional, socioeconomic, historical and cultural nature on the population of children potential.

Europe 2020 Strategy’s Viability under This More Volatile Economic World

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Romeo-Victor Ionescu

2015-02-01

Full Text Available The global crisis accentuated the competition between the greatest world economic actors. One of them, the EU28, tried to find, as solution to support its economic growth, the Cohesion Policy. The paper is focused on the analysis of the results of the Cohesion Policy and the perspectives of the new strategy Europe 2020. In order to do these, the paper uses the latest official statistic data and divides the analysis into three periods: until 2012, during 2012-2014 and during 2015-2020. The analysis is based on three elements (a comparative trend analysis, followed by a cluster analysis and a forecast using SPSS19 software and takes into considerations four important macroeconomic indicators. The main conclusion of the paper is that the objectives of the Europe 2020 strategy will be not achieved and the socio-economic disparities will increase across the EU in 2020.All conclusions of the analysis are supported by pertinent diagrams and statistic tables.

Financial deepening and economic growth in nigeria (1981-2012: A managerial economic perspective

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Anthony Igwe

2014-12-01

Full Text Available The objective of this study is to determine the impact of financial deepening on economic growth in Nigeria. The supply leading hypothesis was adopted as the theoretical framework of the study. Data for analysis was for the period 1981-2012 obtained from the Central Bank of Nigeria Statistical Bulletin. The explanatory variables were logged values of broad money supply/GDP and Credit to the private sector/GDP. The times series data were tested for stationarity using the ADF unit root tests of stationarity and were found to be stationary at first difference. The Engle-Granger Cointegration technique and Error correction model were used for the test of long run relationship. Findings reveal that money supply (MS is positive and weakly significant in determining economic growth. However, credit to the private sector was negative and not significant in the short run. The speed of adjustment of the ECM is 25.51%. This implies that if there are short run fluctuations, GDP will converge to its long run equilibrium path at a speed of about 25.51% in each period .The conclusion is that financial deepening does not have the desired impact on economic growth in Nigeria. Hence, there is a need for increase and improvement in access to private credit to enhance economic growth and investment

KINERJA KEUANGAN KONVENSIONAL, ECONOMIC VALUE ADDED, DAN RETURN SAHAM

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Bambang Sudiyatno

2011-09-01

Full Text Available Penelitian ini bertujuan untuk menguji pengaruh kinerja keuangan konvensional; Return on Asset (ROA, Return on Equity (ROE, Residual Income (RI, dan kinerja keuangan yang lebih modern; Economic Value Added (EVA terhadap return saham pada perusahaan-perusahaan dalam industry makanan dan minuman yang terdaftar di Bursa Efek Indonesia. Pengambilan sampel dalam penelitian ini menggunakan metode sensus, karena semua perusahaan dalam industry makanan dan minuman digunakan sebagai sampel. Namun dalam proses samplingnya mengunakan metode purposive sampling, yaitu menggunakan sampel dengan criteria-kriteria tertentu. Hasil penelitian menunjukkan bahwa Return on Asset (ROA dan Residual Income (RI berpengaruh positif dan secara statistik signifikan terhadap return saham pada level signifikansi 1%. Sedangkan Return on Equity (ROE berpengaruh negative dan secara statistik signifikan terhadap return saham pada level signifikansi 10%, dan Economic Value Added (ERA berpengaruh positif tetapi tidak signifikan terhadap return saham.This study aims to test the effect of conventional financial performance i.e. Return on Asset (ROA, Return on Equity (ROE, Residual Income (RI, and the more modern financial performance which is Economic Value Added (EVA toward stock returns on companies in the food and beverage industry listed in Indonesia Stock Exchange. Sampling technique in this study uses the census method, all companies in the food and beverage industry are used as a sample. The process of sampling using purposive sampling method. The result shows that Return On Asset (ROA and Residual Income (RI are positive and statistic significant impact on the stock returns at significance level 1%. While the Return on Equity (ROE is negative and statistic significant impact on the stock returns at significance level 10%, Economic Value Added (EVA is positive and statistic not significant impact on the stock returns.

EVOLUTION OF ECONOMY AND ITS IMPACT ON INSURANCE MARKET – A STATISTICAL ANALYSIS

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Sandra TEODORESCU

2015-07-01

Full Text Available The economic context has a strong impact on the insurance sector. On the one hand, the decisions related to sector regulation could influence the life of the insurance companies. On the other hand, taxes and other measures that may affect purchasing power, economic instability represent a threat. It is a fact that insurances are products that customers and companies access them when economic conditions are predictable and budgets could be accurately predicted. The paper mainly analyzes in terms of indicators, the impact of the economy on the insurance sector. We are talking about the interrelationships between Gross Written Premiums (the insurance "Budget" and some macroeconomic indicators characterizing the Romanian economy, such as Gross Domestic Product, net average earnings, the average number of employees etc. Statistical analysis is performed for a 12-year period during 2002-2013. This analysis is based on official statistics published by the National Institute of Statistics, the National Forecasting Commission and the National Bank of Romania. The methodology consists of correlation and regression analysis. Of the variables used in the study we mention: Gross Domestic Product, the number of employees, employment, net average earnings, the activity rate of the working age population (15-64 years, non-governmental domestic credit. The analysis of correlation between the studied variables reveals that is a strong correlation between Gross Written Premiums and GDP, the number of employees, average earnings and non-government domestic credit.. Thus, economic growth, rising incomes, the increasing number of employees and facilitating credit conditions could be some elements that would lead to sustainable growth of the insurance market.

Evaluation of Unacademic Behaviour and its Implications on Economic and Social Development

Directory of Open Access Journals (Sweden)

Tudorel ANDREI

2010-09-01

Full Text Available The estimation of corruption and its effects on the social and economic development of a country is a difficult task. A series of studies have estimated the effects of corruption on the economic development of a sector of activity. This article presents the results obtained at the level of a sample with regard to a series of aspects related to the measurement of corruption and the identification of its causes and of the role played by certain institutions in the growth or reduction of corruption. The statistical information was obtained by means of a statistical questionnaire intended for public administration employees. The data were processed in SPSS.

Electricity consumption and economic growth: A cross-country analysis

International Nuclear Information System (INIS)

Yoo, Seung-Hoon; Lee, Joo-Suk

2010-01-01

Electricity has been the foundation of economic growth, and constitutes one of the vital infra-structural inputs in socio-economic development. The world faces a surge in demand for electricity that is driven by such powerful forces as population growth, extensive urbanization, industrialization, and the rise in the standard of living. This paper attempts to ascertain whether there is a systematic relationship between electricity consumption and economic growth. To this end, we use a large set of data that spans 88 countries during the period, 1975-2004. A statistically significant inverted-U-shaped relationship between per-capita consumption of electricity and per-capita income is detected. Nevertheless, by using a purchasing power parity that is much higher than the per-capita income of all the countries in the world, the level of per-capita income is estimated at the peak point of per-capita electricity consumption to be $61,379 in 2000 constant international dollars. Moreover, we segment the sample into Organization for Economic Cooperation and Development (OECD) countries and non-OECD countries, and separately analyze the developed and developing countries. The separate estimation shows that even though the peak income is higher than the average per-capita income, a statistically significant inverted-U-shaped relationship is found in OECD and developed countries but not in non-OECD and developing countries.

Electricity consumption and economic growth: A cross-country analysis

Energy Technology Data Exchange (ETDEWEB)

Yoo, Seung-Hoon, E-mail: shyoo@hoseo.ed [Department of International Area Studies, Hoseo University, 268 Anseo-Dong, Cheonan, Chungnam 330-713 (Korea, Republic of); Lee, Joo-Suk, E-mail: leejoosuk@hoseo.ed [Department of International Area Studies, Hoseo University, 268 Anseo-Dong, Cheonan, Chungnam 330-713 (Korea, Republic of)

2010-01-15

Electricity has been the foundation of economic growth, and constitutes one of the vital infra-structural inputs in socio-economic development. The world faces a surge in demand for electricity that is driven by such powerful forces as population growth, extensive urbanization, industrialization, and the rise in the standard of living. This paper attempts to ascertain whether there is a systematic relationship between electricity consumption and economic growth. To this end, we use a large set of data that spans 88 countries during the period, 1975-2004. A statistically significant inverted-U-shaped relationship between per-capita consumption of electricity and per-capita income is detected. Nevertheless, by using a purchasing power parity that is much higher than the per-capita income of all the countries in the world, the level of per-capita income is estimated at the peak point of per-capita electricity consumption to be $61,379 in 2000 constant international dollars. Moreover, we segment the sample into Organization for Economic Cooperation and Development (OECD) countries and non-OECD countries, and separately analyze the developed and developing countries. The separate estimation shows that even though the peak income is higher than the average per-capita income, a statistically significant inverted-U-shaped relationship is found in OECD and developed countries but not in non-OECD and developing countries.

Electricity consumption and economic growth. A cross-country analysis

Energy Technology Data Exchange (ETDEWEB)

Yoo, Seung-Hoon; Lee, Joo-Suk [Department of International Area Studies, Hoseo University, 268 Anseo-Dong, Cheonan, Chungnam 330-713 (Korea)

2010-01-15

Electricity has been the foundation of economic growth, and constitutes one of the vital infra-structural inputs in socio-economic development. The world faces a surge in demand for electricity that is driven by such powerful forces as population growth, extensive urbanization, industrialization, and the rise in the standard of living. This paper attempts to ascertain whether there is a systematic relationship between electricity consumption and economic growth. To this end, we use a large set of data that spans 88 countries during the period, 1975-2004. A statistically significant inverted-U-shaped relationship between per-capita consumption of electricity and per-capita income is detected. Nevertheless, by using a purchasing power parity that is much higher than the per-capita income of all the countries in the world, the level of per-capita income is estimated at the peak point of per-capita electricity consumption to be $61,379 in 2000 constant international dollars. Moreover, we segment the sample into Organization for Economic Cooperation and Development (OECD) countries and non-OECD countries, and separately analyze the developed and developing countries. The separate estimation shows that even though the peak income is higher than the average per-capita income, a statistically significant inverted-U-shaped relationship is found in OECD and developed countries but not in non-OECD and developing countries. (author)

Statistical yearbook. 1998. Data available as of 30 November 2000. 45 ed

International Nuclear Information System (INIS)

2001-01-01

This is the forty-fifth issue of the United Nations Statistical Yearbook, prepared by the Statistics Division, Department of Economic and Social Affairs of the United Nations Secretariat, since 1948. The present issue contains series covering, in general, 1989-1998 or 1990-1999, using statistics available to the Statistics Division up to 30 November 2000. The Yearbook is based on data compiled by the Statistics Division from over 40 different international and national sources. These include the United Nations Statistics Division in the fields of national accounts, industry, energy, transport and international trade; the United Nations Statistics Division and Population Division in the field of demographic statistics; and data provided by over 20 offices of the United Nations system and international organizations in other specialized fields.United Nations agencies and other international organizations which furnished data are listed under 'Statistical sources and references' at the end of the Yearbook. Acknowledgement is gratefully made for their generous cooperation in providing data. The Statistics Division also publishes the Monthly Bulletin of Statistics, which provides a valuable complement to the Yearbook covering current international economic statistics for most countries and areas of the world and quarterly world and regional aggregates. Subscribers to the Monthly Bulletin of Statistics may also access the Bulletin on-line via the World Wide Web on Internet. MBS On-line allows time-sensitive statistics to reach users much faster than the traditional print publication. For further information see . The present issue of the Yearbook reflects a phased programme of major changes in its organization and presentation undertaken in 1990 which until then was relatively unchanged since the first issue was released in 1948. One result of this process has been to reduce the total number of tables from 140 in the 37th issue to 80 in the present issue and to include

Implementation of International Standards in Russia's Foreign Trade Statistics

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Natalia E. Grigoruk

2015-01-01

Full Text Available The article analyzes the basic documents of international organizations in recent years, which have become the global standard for the development and improvement of statistics of foreign economic relations of most countries, including the Russian Federation. The article describes the key features of the theory and practice of modern foreign trade statistics in Russia and abroad, with an emphasis on the methodological problems of its main parts - the external trade statistics. It shows their interpretation in the most recent recommendations by UN statistical apparatus and other international organizations; considers a range of problems associated with the implementation of the national statistical practices of countries, including Russia and the countries of the Customs Union, the main international standard of foreign trade statistics - UN document "International Merchandise Trade Statistics". The main attention is paid to methodological issues such as: the criteria for selecting the objects of statistical accounting in accordance with international standards, quantitative and cost parameters of foreign trade statistics, statistical methods and estimates of commodity exports and imports, the problems of comparability of data; to a comparison of international standards in 2010 with documents on key precursor methodology of foreign trade statistics, characterized by the practice of introducing these standards in the foreign trade statistics of Russia and the countries of the Customs Union. The article analyzes the content given in the official statistical manuals of Russia foreign trade and foreign countries, covers the main methodological problems of World Trade in conjunction with the major current international statistical standards - System of National Accounts, Manual on Statistics of International Trade in Services and other documents; provides specific data describing the current structure of Russian foreign trade and especially its

What is the value of official statistics and how do we communicate that value?

Directory of Open Access Journals (Sweden)

Tudorel ANDREI

2014-09-01

Full Text Available Einstein’s aphorism mentioned above wasn’t meant to colour the text, but we particularly believe it corresponds, in a way, to the topic we plan to introduce during the seminar. Consequently, paraphrasing it, the aphorism suggests a derived one which could read: “Not any statistics is official statistics and not any official statement that contains a numerical expression is statistics”. As to the above statements, the following question normally arises: “if not any statistics is official statistics, than what does official statistics mean and where does this brand, that represents a special value of statistics, come from?” On the other hand, if not any official statement, that contains a numerical expression on a certain economic or social phenomenon, is statistics, then what kind of meaning does it have?

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 Effects of the Recession on Child Poverty: Poverty Statistics for 2008 and Growth in Need during 2009

Science.gov (United States)

Isaacs, Julia B.

2009-01-01

Nearly one in five children under age 18 lived in poor families in 2008, according to poverty statistics released by the Census Bureau in September 2009. Though high, this statistic does not capture the full impact of the economic downturn, which is expected to drive poverty even higher in 2009. However, updated poverty statistics will not be…

Causality relationship between energy demand and economic ...

African Journals Online (AJOL)

This paper attempts to examine the causal relationship between electricity demand and economic growth in Nigeria using data for 1970 – 2003. The study uses the Johansen cointegration VAR approach. The ADF and Phillips – Perron test statistics were used to test for stationarity of the data. It was found that the data were ...

Statistics and risk philosophy in human activities

International Nuclear Information System (INIS)

Failla, L.

1983-01-01

Two leading interpretations of the use of statistics exist, the first one considering statistics as a physical law regulating the phenomena studied, and the other considering statistics as a method allowing to achieve exhaustive knowledge of the phenomena. The Author chooses the second theory, applies this concept of statistics to the risk involved in human activities and discusses the different kinds of risk in this field. The Author distinguishes between the risk that can be eliminated or at least reduced, and the risk inherent in the activity itself, that can never be completely eliminated -unless the activity is suppressed-; yet, also this kind of risk can be kept under control. Furthermore, she distinguishes between risks that can or cannot be foreseen. The Author supports the theory according to which the risk foreseen must be prevented through up-to-date techniques: this should be done coherently with the aim of the activity but independently of the economic cost. The theory considering risk probability as a physical law is mainly based on events happened in the past: it uses the occurrence probability as a law. This theory accepts the statistical risk and estimates its costs, including the ''human cost''. The Author examines the different statistical possibilities to study this specific phenomenon: so, the possibility to avoid the risks may arise along with -last but not least- the opportunity to eliminate or reduce the damage connected. On the contrary, statistics used as a physical law implies the acceptable of a given amount of risk compared with the cost of improving the technical conditions required to eliminate damages. In the end, a practical example of this theory is described

Financial Permeation and Economic Growth: Evidence from Sub-Saharan Africa

OpenAIRE

Inoue, Takeshi; Hamori, Shigeyuki

2013-01-01

This article empirically analyzes the role of finance in economic growth in Sub-Saharan Africa from the perspective of what is termed herein “financial permeation”. By estimating panel data on 37 countries in Sub-Saharan Africa between 2004 and 2010, we examine whether financial permeation through improved convenience and access to financial services has contributed to economic growth in this region. Empirical results clearly indicate that financial permeation has a statistically significant ...

EU Enlargement between Economic and Political Criteria

Directory of Open Access Journals (Sweden)

Romeo-Victor Ionescu

2013-05-01

Full Text Available The paper answers at two important questions: Is the EU able to support new adhering processes? and Is the Euro area able to enlarge in 2014? The comparative analysis in the paper covers four economic competitors: EU, USA, China and Japan, and is based on GDP growth rate, unemployment and inflation rates. The second part of the paper deals with an economic forecast during 2015-2016, focused on EU27, Euro area, Croatia and Latvia, in order to discuss the effects of the adhering to EU and Euro area. The results of the two-level analysis are supported by pertinent diagrams and annexes. The analysis uses a neutral statistical database – Eurostat – and dedicated forecast software. The main conclusion of the paper is that the adhering processes from 2013 and 2014 are based on economic and political criteria.

Statistical physics of non-thermal phase transitions from foundations to applications

CERN Document Server

Abaimov, Sergey G

2015-01-01

Statistical physics can be used to better understand non-thermal complex systems—phenomena such as stock-market crashes, revolutions in society and in science, fractures in engineered materials and in the Earth’s crust, catastrophes, traffic jams, petroleum clusters, polymerization, self-organized criticality and many others exhibit behaviors resembling those of thermodynamic systems. In particular, many of these systems possess phase transitions identical to critical or spinodal phenomena in statistical physics. The application of the well-developed formalism of statistical physics to non-thermal complex systems may help to predict and prevent such catastrophes as earthquakes, snow-avalanches and landslides, failure of engineering structures, or economical crises. This book addresses the issue step-by-step, from phenomenological analogies between complex systems and statistical physics to more complex aspects, such as correlations, fluctuation-dissipation theorem, susceptibility, the concept of free ener...

Renyi statistics in equilibrium statistical mechanics

International Nuclear Information System (INIS)

Parvan, A.S.; Biro, T.S.

2010-01-01

The Renyi statistics in the canonical and microcanonical ensembles is examined both in general and in particular for the ideal gas. In the microcanonical ensemble the Renyi statistics is equivalent to the Boltzmann-Gibbs statistics. By the exact analytical results for the ideal gas, it is shown that in the canonical ensemble, taking the thermodynamic limit, the Renyi statistics is also equivalent to the Boltzmann-Gibbs statistics. Furthermore it satisfies the requirements of the equilibrium thermodynamics, i.e. the thermodynamical potential of the statistical ensemble is a homogeneous function of first degree of its extensive variables of state. We conclude that the Renyi statistics arrives at the same thermodynamical relations, as those stemming from the Boltzmann-Gibbs statistics in this limit.

A panel study of nuclear energy consumption and economic growth

International Nuclear Information System (INIS)

Apergis, Nicholas; Payne, James E.

2010-01-01

This study examines the relationship between nuclear energy consumption and economic growth for sixteen countries within a multivariate panel framework over the period 1980-2005. Pedroni's (1999, 2004) heterogeneous panel cointegration test reveals there is a long-run equilibrium relationship between real GDP, nuclear energy consumption, real gross fixed capital formation, and the labor force with the respective coefficients positive and statistically significant. The results of the panel vector error correction model finds bidirectional causality between nuclear energy consumption and economic growth in the short-run while unidirectional causality from nuclear energy consumption to economic growth in the long-run. Thus, the results provide support for the feedback hypothesis associated with the relationship between nuclear energy consumption and economic growth.

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.

Statistics 2007 of the natural gas industry in France

International Nuclear Information System (INIS)

2008-01-01

This document provides statistical data and an economic analysis of the natural gas industry activity in 2007. It is presented around six main poles: the production, the transport, the methane terminals, the storage, the distribution and the commercialization. The main events of the year 2007 are the importance of Norway in the gas supplying, the decrease of the gas sales and the market opening. (A.L.B.)

The relationship between income, economic freedom, and BMI.

Science.gov (United States)

Lawson, R A; Murphy, R H; Williamson, C R

2016-05-01

What explains increases in BMI (and obesity) over time and across countries? Although many microeconomic forces are likely explanations, increasingly scholars are arguing that macroeconomic forces such as market liberalism and globalization are root causes of the obesity epidemic. The purpose of this paper is to examine the impact of economic freedom on obesity conditional on the level of income and other factors. We use an unbalanced pooled cross section of up to 135 countries for 1995 and 2000-2009. Our statistical model specifications include pooled OLS and fixed effects. First, we find that controlling for fixed effects siphons off much of the relationship previously documented between economic freedom and BMI. Second, economic freedom is associated with slightly higher BMIs but only for men in developing nations. Lastly, we show that economic freedom increases life expectancy for both men and women in developing countries. Therefore, policies aimed at reducing obesity that limit economic liberalism may come at the expense of life expectancy in the developing world. Copyright © 2016 The Royal Society for Public Health. Published by Elsevier Ltd. All rights reserved.

Socio-economics impacts of tourism

OpenAIRE

Filiposki, Oliver; Ackovska, Marija; Petroska Angelovska, Neda; Metodijeski, Dejan

2016-01-01

Tourism is a global phenomenon in which different cultures, nations and races intertwines, in order to satisfy the tourist as a content consumer. Tourism sector contributes a lot to the overall world economy, and society. Tourism is the economic division that continually evolves in any national economy, the statistical data represent that 2010-2014 it was developed by over 3% annually. Tourism is also a branch that does not absorb the benefits of the national economy, but it...

Elements of probability and statistics an introduction to probability with De Finetti’s approach and to Bayesian statistics

CERN Document Server

Biagini, Francesca

2016-01-01

This book provides an introduction to elementary probability and to Bayesian statistics using de Finetti's subjectivist approach. One of the features of this approach is that it does not require the introduction of sample space – a non-intrinsic concept that makes the treatment of elementary probability unnecessarily complicate – but introduces as fundamental the concept of random numbers directly related to their interpretation in applications. Events become a particular case of random numbers and probability a particular case of expectation when it is applied to events. The subjective evaluation of expectation and of conditional expectation is based on an economic choice of an acceptable bet or penalty. The properties of expectation and conditional expectation are derived by applying a coherence criterion that the evaluation has to follow. The book is suitable for all introductory courses in probability and statistics for students in Mathematics, Informatics, Engineering, and Physics.

Economics of nuclear power

International Nuclear Information System (INIS)

Bupp, I.C.; Derian, J.C.; Donsimoni, M.P.; Treitel, R.

1975-01-01

Present trends in nuclear reactor costs are interpreted as the economic result of a fundamental debate regarding the social acceptability of nuclear power. Rising capital costs for nuclear power plants are evaluated through statistical analysis of time-related factors, characteristics of licensing and construction costs, physical characteristics of reactors, and geographic and site-related factors. Conclusions are drawn regarding the impact of social acceptability on reactor costs, engineering estimates of future costs, and the possibility of increased potential relative competitiveness for coal-fueled plants. 7 references. (U.S.)

Coal consumption and economic growth: Evidence from a panel of OECD countries

International Nuclear Information System (INIS)

Apergis, Nicholas; Payne, James E.

2010-01-01

This study examines the relationship between coal consumption and economic growth for 25 OECD countries within a multivariate panel framework over period 1980-2005. The panel cointegration test indicates there is a long-run equilibrium relationship between real GDP, coal consumption, real gross fixed capital formation, and the labor force. The respective coefficients for real gross fixed capital formation and the labor force are positive and statistically significant whereas the coefficient for coal consumption is negative and statistically significant. The results of the panel vector error correction model reveal bidirectional causality between coal consumption and economic growth in both the short- and long-run; however, the bidirectional causality in the short-run is negative.

Gender, socio-economic status and educational level as ...

African Journals Online (AJOL)

Multiple regression procedure and t-test statistics were utilized to analyse data. Results indicated that the regression equation of career maturity using the three predictor variables was significant; the scores on socio-economic status were the best predictor of career maturity. On the basis of this finding, suggestions were ...

Trends and Issues: Social and Economic Context. Revised.

Science.gov (United States)

Cunningham, Chris, Comp.

This document presents an outline of a number of social, economic, and demographic trends that influence the effectiveness of instruction and the social development of youth across the country. It contains numbers and statistics, recommendations, and implications, along with 30 references. The document covers trends in the following areas: (1)…

Economic Psychology: Its Connections with Research-Oriented Courses

Science.gov (United States)

Christopher, Andrew N.; Marek, Pam; Benigno, Joann

2003-01-01

To enhance student interest in research methods, tests and measurement, and statistics classes, we describe how teachers may use resources from economic psychology to illustrate key concepts in these courses. Because of their applied nature and relevance to student experiences, topics covered by these resources may capture student attention and…

THE DEMOGRAPHIC POTENTIAL AND ECONOMIC ACTIVITY OF THE RURAL POPULATION OF THE MAŁOPOLSKIE VOIVODESHIP

Directory of Open Access Journals (Sweden)

Łukasz Paluch

2016-03-01

Full Text Available  The aim of this elaboration is to identify the demographic situation and the economic activity of the population of rural communes in the Małopolska voivodeship and identifi cation of relations between their level of economic development and features which determine social aspect of their development. The choice of units for the research was based on multicriteria method of zero unitarization. The primary source of information were the statistical data for the years 2004–2011 published by the Local Data Bank and System of Analysis of Local Government. The conducted research demon strates the existence of statistical links between the level of economic development of local government units and the state and quality of their demographic determinants. 

76 FR 62755 - National Agricultural Research, Extension, Education, and Economics Advisory Board Meeting Notice

Science.gov (United States)

2011-10-11

... structure of the Agricultural Research Service, Economic Research Service, National Agricultural Statistics... the full Advisory Board will convene at 8 a.m. with introductory remarks by the Chair of the Advisory... also include a discussion on the impact of National Agricultural Statistic Service reports on grain...

Micro-foundations for macroeconomics: New set-up based on statistical physics

Science.gov (United States)

Yoshikawa, Hiroshi

2016-12-01

Modern macroeconomics is built on "micro foundations." Namely, optimization of micro agent such as consumer and firm is explicitly analyzed in model. Toward this goal, standard model presumes "the representative" consumer/firm, and analyzes its behavior in detail. However, the macroeconomy consists of 107 consumers and 106 firms. For the purpose of analyzing such macro system, it is meaningless to pursue the micro behavior in detail. In this respect, there is no essential difference between economics and physics. The method of statistical physics can be usefully applied to the macroeconomy, and provides Keynesian economics with correct micro-foundations.

Economic sentiment indicator and its information capability in the Czech Republic

Directory of Open Access Journals (Sweden)

Radka Martináková

2013-01-01

Full Text Available The paper focuses on the indicators of economic agents’ perceptions in the Czech Republic. We assume that these information are provided by economic sentiment indicator surveys based on the Joint Harmonised EU Programme. The aim of this paper is to offer the alternate methodology of qualitative data transformation (balance statistic data in relation with the macroeconomic quantitative indicators. In the empirical analysis we distinguished between the indicators of confidence in industry, construction, retail and consumer confidence indicator. We found link between the aggregate economic sentiment indicator and economic activity. Especially, aggregate economic sentiment indicator copies the development of the GDP. However, partial indicators does not follow changes in the specific sectors of the economy. We also found that economic agents underestimate the intensity of the economic recession after the year 2007.Finally, we cannot recommend the economic sentiment indicator as the leading indicator of the future economic activity in the Czech Republic. Our methodological contribution is in quantifying of the consumer survey results by standardization.

Socio-economic characteristics of registered cocoa farmers in Edo ...

African Journals Online (AJOL)

This study examined the socio-economic characteristics of registered cocoa farmers in Edo State; Nigeria. Primary data was collected using a well structured questionnaire administered to 180 registered cocoa farmers selected using a multi-stage sampling technique. Data were analyzed using descriptive statistics and ...

Data Mining in Institutional Economics Tasks

Science.gov (United States)

Kirilyuk, Igor; Kuznetsova, Anna; Senko, Oleg

2018-02-01

The paper discusses problems associated with the use of data mining tools to study discrepancies between countries with different types of institutional matrices by variety of potential explanatory variables: climate, economic or infrastructure indicators. An approach is presented which is based on the search of statistically valid regularities describing the dependence of the institutional type on a single variable or a pair of variables. Examples of regularities are given.

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

Directory of Open Access Journals (Sweden)

Yerkezhan Zhumakankyzy Akhmetzaki

2017-09-01

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

"Lost milk?": Counting the economic value of breast milk in gross domestic product.

Science.gov (United States)

Smith, J P

2013-11-01

The contribution of breastfeeding and mothers milk to the economy is invisible in economic statistics. This article demonstrates how the economic value of human milk production can be included in economic statistics such as gross domestic product (GDP) and provides estimates for Australia, the United States, and Norway. The contribution of human milk and lactation to GDP in these countries is estimated using United Nations (System of National Accounting) guidelines and conventional economic valuation approaches to measuring production in GDP. In Australia, current human milk production levels exceed $3 billion annually. The United States has the potential to produce human milk worth more than US$110 billion a year, but currently nearly two thirds of this value is lost due to premature weaning. In Norway, production valued at US$907 million annually is 60% of its potential value. The potential loss of economic value from not protecting women's lactation and milk production from competing market pressures is large. Failure to account for mothers' milk production in GDP and other economic data has important consequences for public policy. The invisibility of human milk reduces the perceived importance of programs and regulations that protect and support women to breastfeed. The value of human milk can be measured using accepted international guidelines for calculating national income and production. It is quantitatively nontrivial and should be counted in GDP.

ECONOMIC GROWTH AND REGIONAL INEQUALITY IN ROMANIA

Directory of Open Access Journals (Sweden)

Marinela ISTRATE

2016-10-01

Full Text Available After the collapse of communism, Romania, just like other Central and East European countries, has experienced profound social and economic mutations, reflected in all activity sectors (from the transition to a market economy and democratic freedom-based society to the decreasing number of active and working population, increasing unemployment, workforce’s growing risk of poverty, rising vulnerability of certain socio-professional groups. Starting from these findings and using an appropriate methodology to identify regional convergences and disparities, the present paper is meant to perform a statistical and territorial analysis of the economic gaps recorded at the level of the Romanian counties (NUTS 3 level during the last two decades and a half. The conclusions converge towards the existence of an adjustment of the economic structures, both from the territorial and temporal perspective, while the issue of reducing regional gaps remains one of the main challenges of the future.

The new RERO Statistics services

CERN Multimedia

CERN. Geneva

2015-01-01

More and more RERO professionals are asking for statistics on the use of the RERO DOC server. They want to know, for a certain period, what are the most consulted records, which files are more uploaded, which collections are more popular, etc. They also want to customize results by selecting multiple filters, such as: what are the document types most seen for the University of Fribourg from January to March 2014 in Economics. Using recent tools such as Elasticsearch, AngularJS, Highcharts, etc., we decided to develop a new specific interface using the server logs and the Invenio API. One of the most challenging aspect was how to filter internet bots (crawlers, robots), especially those appearing as humans.

The holistic concepts of disaster management and social cohesion - statistics and method

Directory of Open Access Journals (Sweden)

Gheorghe SĂVOIU

2011-09-01

Full Text Available The paper uses a multidisciplinary approach to underline the importance of some holistic concepts like social cohesion and human ecology, and also to assess environmental and economic specificity of these new ecological and social terms. The structure of the paper consists of an introduction describing the transition from mythological existence to the contemporary holistic view and four sections. While, the first section details the vital elements of the ecosphere in the new holistic sense, the second describes the holistic concept of human ecology, and the third details the significance, importance and impact of the contemporary management disasters and some global statistics. The last section summarize a statistical method known as the social cohesion evaluation, applied by the author in our country, during Romania’s admission period to EU, that in conjunction with holistic concept of human ecology represent new necessary analysis in this decade. Some final remarks underline the importance of a new approach in economics based on holistic principle and reciprocity.

Understanding Statistics - Cancer Statistics

Science.gov (United States)

Annual reports of U.S. cancer statistics including new cases, deaths, trends, survival, prevalence, lifetime risk, and progress toward Healthy People targets, plus statistical summaries for a number of common cancer types.

Statistics and data analysis for financial engineering with R examples

CERN Document Server

Ruppert, David

2015-01-01

The new edition of this influential textbook, geared towards graduate or advanced undergraduate students, teaches the statistics necessary for financial engineering. In doing so, it illustrates concepts using financial markets and economic data, R Labs with real-data exercises, and graphical and analytic methods for modeling and diagnosing modeling errors. Financial engineers now have access to enormous quantities of data. To make use of these data, the powerful methods in this book, particularly about volatility and risks, are essential. Strengths of this fully-revised edition include major additions to the R code and the advanced topics covered. Individual chapters cover, among other topics, multivariate distributions, copulas, Bayesian computations, risk management, multivariate volatility and cointegration. Suggested prerequisites are basic knowledge of statistics and probability, matrices and linear algebra, and calculus. There is an appendix on probability, statistics and linear algebra. Practicing fina...

Applied statistics for civil and environmental engineers

CERN Document Server

Kottegoda, N T

2009-01-01

Civil and environmental engineers need an understanding of mathematical statistics and probability theory to deal with the variability that affects engineers'' structures, soil pressures, river flows and the like. Students, too, need to get to grips with these rather difficult concepts.This book, written by engineers for engineers, tackles the subject in a clear, up-to-date manner using a process-orientated approach. It introduces the subjects of mathematical statistics and probability theory, and then addresses model estimation and testing, regression and multivariate methods, analysis of extreme events, simulation techniques, risk and reliability, and economic decision making.325 examples and case studies from European and American practice are included and each chapter features realistic problems to be solved.For the second edition new sections have been added on Monte Carlo Markov chain modeling with details of practical Gibbs sampling, sensitivity analysis and aleatory and epistemic uncertainties, and co...

The impact of economic globalization on the shadow economy in Egypt

OpenAIRE

Farzanegan, Mohammad Reza; Hassan, Mai

2017-01-01

This study examines the economic globalization and the shadow economy nexus in Egypt. Using time series data from 1976 to 2013, the impulse response analysis shows that the response of the shadow economy in Egypt to positive shocks in economic globalization is negative and statistically significant for the first three years following the shock. This finding is obtained by controlling for several intermediary channels in globalization-shadow economy nexus such as education, government spending...

China's energy statistics in a global context: A methodology to develop regional energy balances for East, Central and West China

DEFF Research Database (Denmark)

Mischke, Peggy

2013-01-01

for research and policy analysis. An improved understanding of the quality and reliability of Chinese economic and energy data is becoming more important to to understanding global energy markets and future greenhouse gas emissions. China’s national statistical system to track such changes is however still...... developing and, in some instances, energy data remain unavailable in the public domain. This working paper discusses China’s energy and economic statistics in view of identifying suitable indicators to develop a simplified regional energy systems for China from a variety of publicly available data. As China......’s national statistical system continuous to be debated and criticised in terms of data quality, comparability and reliability, an overview of the milestones, status and main issues of China’s energy statistics is given. In a next step, the energy balance format of the International Energy Agency is used...

Cooperation of Ukraine and Republic of Poland: Economic and Diplomatic Aspects

Directory of Open Access Journals (Sweden)

V. V.

2017-05-01

Full Text Available Poland in viewed by Ukraine as a reliable economic and political partner supporting Ukraine’s intention to integrate in Europe. Therefore, facts, documents and statistical data reflecting qualitative and quantitative aspects of relations between Ukraine and Poland need to be subject to non-stop monitoring and analysis, to help in finding timely solutions for problematic issues that may occur in these countries’ relations. The article’s objective is to analyze the performance and perspectives of economic and diplomatic relations between Ukraine and Republic of Poland. The analysis of documents on diplomatic and economic cooperation of the two countries after they gained political independence, and statistical data on trade in goods and services (by category and investment flows (by data on direct investment from Ukraine to Poland and from Poland to Ukraine shows that both countries have immense potentials for cooperation in various fields. As regards diplomatic dimension, Republic of Poland is the strongest promoter and lobbyist of the Euro-integration and Euro-Atlantic course of Ukraine. Regarding the economic cooperation, while mutual trade in goods declined in 2014 due to the economic and political crisis in Ukraine, it grew in 2016 with the recovery processes in the Ukrainian economy. Mutual trade in services is less intensive than trade in goods. Analysis of the investment cooperation shows the large asymmetry in favor of Polish investors in Ukraine and the reducing investment in both directions in the latest years.

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.

ECONOMIC MECHANISMS OF POPULATION PROTECTION AGAINST PENSION RISKS AS A TOOL FOR SOCIO-ECONOMIC DEVELOPMENT OF THE REGION

Directory of Open Access Journals (Sweden)

Lyubov V. Grigoryeva

2017-06-01

Full Text Available The problem of finding effective economic instruments for socio-economic development of the regions has recently become of increasing relevance. Strengthening the regional differentiation, highlighting the leading and lagging regions, the lack of own resources in the regions has forced regional authorities to use new instruments of territorial development, in particular, economic mechanisms of protection against pension risks. The use of these mechanisms has a dual effect (economic and social, due to the attraction of the regions with additional financial resources in the form of “long money” and increasing the protection of citizens against pension risks (the increase in the level of pension payments. The analysis of the current use of economic mechanisms of protection against pension risks in the regions of the Southern Federal District helped to articulate key issues of their use, in particular, low pension literacy of the population, distrust towards specialized financial institutions, the investment policy of the regions does not take into account the possibility of attracting private pension funds into regional projects, and there is no mechanism to support regional National Pension Fund. Territorial analysis revealed the potential application of economic mechanisms to protect against pension risks in the regions of the Southern Federal District as a tool for socio-economic development, which is based on the existence of regional pension funds and insurance companies (providing services for pension insurance, as well as participation in private pension provision. The Krasnodar, Rostov and Volgograd regions have the highest potential among the regions of the Southern Federal District, as there already exist regional National Pension Fund, and the participation in private pension insurance is confirmed by the statistics of the contributions paid. The study of existing economic mechanisms to protect against pension risks will provide the

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.

SOCIO-ECONOMIC ASPECTS OF THE CONCEPT OF SUSTAINABLE DEVELOPMENT IN AZERBAIJAN REPUBLIC

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Z. T. Imrani

2016-01-01

Full Text Available Aim. The aim is to determine the socio-economic aspects of sustainable development of the Republic of Azerbaijan taking into account economic, environmental, social and environmental opportunities of the country; to find the rationale for the concept of sustainable development to eliminate major differences specific to regional economic development, management of economic and social development of the regions.Methods. Historical and comparative analysis, system approach, analysis of statistical and mathematical materials.Findings. We identified the advantages of the concept of sustainable development; cunducted the analysis of the dynamics of development of the leading industries in the region; studied the most promising sectors of the regions from the economic and geographic point of view.Conclusion. We identified socio-economic aspects of sustainable development of the Republic of Azerbaijan.

Commercialization of University Research for Technology-Based Economic Development

Science.gov (United States)

Ferguson, W. Ker

2011-01-01

This empirical study investigates the hypothesized relationship between US federally funded university research and development (R&D) and its resulting economic impact, as measured by the level of licensing revenue generated by US universities. The author also examines the key operating statistics of the top-ten licensing income-producing…

The Effect of Education on Economic Growth in Greece over the 1960-2000 Period

Science.gov (United States)

Tsamadias, Constantinos; Prontzas, Panagiotis

2012-01-01

This paper examines the impact of education on economic growth in Greece over the period 1960-2000 by applying the model introduced by Mankiw, Romer, and Weil. The findings of the empirical analysis reveal that education had a positive and statistically significant effect on economic growth in Greece over the period 1960-2000. The econometric…

Rationale for statistical characteristics of road safety parameters

Directory of Open Access Journals (Sweden)

Dormidontova Tatiana

2017-01-01

Full Text Available When making engineering decisions at the stage of designing auto-roads and man-made structures it is necessary to take into account the statistical variability of physical and mechanical characteristics of the used materials as well as the different effects on the structures. Thus the rationale for the statistical characteristics of the parameters that determine the reliability of roads and man-made engineering facilities is of particular importance.There are many factors to be considered while designing roads, such as natural climatic factors, the accidental effects of the operating loads, the strength and deformation characteristics of the materials, the geometric parameters of the structure, etc. which affect the strength characteristics of roads and man-made structures. The rationale for statistical characteristics of the parameters can help an engineer assess the reliability of the decision and the economic risk, as well as avoid making mistakes in the design of roads and man-made structures.However, some statistical characteristics of the parameters that define the reliability of a road and man-made structures play a key role in the design. These are the visibility distance in daytime for the peak curve, variation coefficient of radial acceleration, the reliability of visibility distance and other parameters.

150 Years of Italian CO2 Emissions and Economic Growth

DEFF Research Database (Denmark)

Annicchiarico, Barbara; Bennato, Anna Rita; Chini, Emilio Zanetti

This paper examines the relationship between economic growth and carbon dioxide emissions in Italy considering the developments in a 150-year time span. Using several statistical techniques, we find that GDP growth and carbon dioxide emissions are strongly interrelated, with a dramatic change...

Colorado: 2002 Economic Census. Educational Services, Geographic Area Series, EC02-61A-CO.

Science.gov (United States)

US Department of Commerce, 2005

2005-01-01

The economic census is the major source of facts about the structure and functioning of the nation's economy. It provides essential information for government, business, industry, and the general public. This document contains statistical census data from 2002 for the state of Colorado. Statistical information is presented in table form, on the…

On the economic benefit of utility based estimation of a volatility model

OpenAIRE

Adam Clements; Annastiina Silvennoinen

2009-01-01

Forecasts of asset return volatility are necessary for many financial applications, including portfolio allocation. Traditionally, the parameters of econometric models used to generate volatility forecasts are estimated in a statistical setting and subsequently used in an economic setting such as portfolio allocation. Differences in the criteria under which the model is estimated and applied may inhibit reduce the overall economic benefit of a model in the context of portfolio allocation. Thi...

An Update to the Budget and Economic Outlook: 2015 to 2025

Science.gov (United States)

2015-08-01

Economic Analysis; Bureau of Labor Statistics ; Federal Reserve. Notes: Real gross domestic product is the output of the economy adjusted to remove the...the next few years, in CBO’s view, will be continued improvements in households’ creditworthiness and in the availability of credit. Delinquency rates...Budget Office; Bureau of Labor Statistics . Notes: The rate of short-term unemployment is the percentage of the labor force that has been out of work for

Ups and downs of economics and econophysics — Facebook forecast

Science.gov (United States)

Gajic, Nenad; Budinski-Petkovic, Ljuba

2013-01-01

What is econophysics and its relationship with economics? What is the state of economics after the global economic crisis, and is there a future for the paradigm of market equilibrium, with imaginary perfect competition and rational agents? Can the next paradigm of economics adopt important assumptions derived from econophysics models: that markets are chaotic systems, striving to extremes as bubbles and crashes show, with psychologically motivated, statistically predictable individual behaviors? Is the future of econophysics, as predicted here, to disappear and become a part of economics? A good test of the current state of econophysics and its methods is the valuation of Facebook immediately after the initial public offering - this forecast indicates that Facebook is highly overvalued, and its IPO valuation of 104 billion dollars is mostly the new financial bubble based on the expectations of unlimited growth, although it’s easy to prove that Facebook is close to the upper limit of its users.

Comparative economic analysis: Anaerobic digester case study

International Nuclear Information System (INIS)

Lusk, P.D.

1991-01-01

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

National Statistical Commission and Indian Official Statistics*

Indian Academy of Sciences (India)

IAS Admin

a good collection of official statistics of that time. With more .... statistical agencies and institutions to provide details of statistical activities .... ing several training programmes. .... ful completion of Indian Statistical Service examinations, the.

Official Statistics and Statistics Education: Bridging the Gap

Directory of Open Access Journals (Sweden)

Gal Iddo

2017-03-01

Full Text Available This article aims to challenge official statistics providers and statistics educators to ponder on how to help non-specialist adult users of statistics develop those aspects of statistical literacy that pertain to official statistics. We first document the gap in the literature in terms of the conceptual basis and educational materials needed for such an undertaking. We then review skills and competencies that may help adults to make sense of statistical information in areas of importance to society. Based on this review, we identify six elements related to official statistics about which non-specialist adult users should possess knowledge in order to be considered literate in official statistics: (1 the system of official statistics and its work principles; (2 the nature of statistics about society; (3 indicators; (4 statistical techniques and big ideas; (5 research methods and data sources; and (6 awareness and skills for citizens’ access to statistical reports. Based on this ad hoc typology, we discuss directions that official statistics providers, in cooperation with statistics educators, could take in order to (1 advance the conceptualization of skills needed to understand official statistics, and (2 expand educational activities and services, specifically by developing a collaborative digital textbook and a modular online course, to improve public capacity for understanding of official statistics.

THEORETICAL AND PRACTICAL ASPECTS OF MONITORING OF REGION’S SOCIO-ECONOMIC DEVELOPMENT PROCESSES:

Directory of Open Access Journals (Sweden)

Valentyna Yakubiv

2017-03-01

Full Text Available The article defines the nature of socio-economic development processes monitoring in a region on the basis of systematization of scientific works on economics. The terms of monitoring introduction into the processes of socio-economic development of a region are defined. The difference between monitoring and standard statistic technology is explained. The fact that socio-economic processes monitoring is primarily directed at collection, examination and preparation of information for making and analyzing of economic decisions at different management levels is proved. The indicators by the direction “renewable energy and energy efficiency”, which are evaluated in the process of monitoring, are outlined. Major tasks of monitoring are defined and principles of its information basis forming are determined. Key words: decentralization, information basis, renewable energy, monitoring, region, development, socio-economic processes.

Energy statistics of pre-revolutionary Russia

Directory of Open Access Journals (Sweden)

N. S. Simonov

2017-01-01

Full Text Available The article is devoted to the problem of creation and development of the energy statistics of the Russian Empire of the initial stage of electrification and the formation of the energy economy, which is related to: 1 the economic upsurge of the 1890s; 2 the new economic recovery of 1907–1913 and 3 the militarization of industry in 1914–1916. The real technical and economic indicators and complex statistical data of the pre-revolutionary electric power industry were either hushed up or deliberately distorted during the Soviet era. Even in the encyclopaedic literature it was considered that pre-revolutionaryRussia“was on one of the last places in the world” for the production of electricity. The author analyzes statistical surveys (censuses of the manufacturing industry for 1900 and 1908 (the “varzar censuses”, which gave the first material on the state of its energy sector, namely: the composition, quantity and power of primary engines and electric motors. For the first time in historiography, the data of the “energy censuses” of the Ministry of Finance for 1905 and 1913 on the number and capacity of central public power stations and private power stations (block stations of industrial enterprises, organizations and institutions are cited. The data of the census were conducted with the participation of the apparatus of factory and factory inspections in 1906 and in1916 inall provinces of the Russian Empire, with the exception of six provinces of the frontline zone. A lot of work was done to record electricity production / consumption, which was conducted by the Russian electrotechnical community. According to incomplete data published in 1917 by the Secretariat of the Standing Committee of the VII All-Russia Electrotechnical Congress, from 1905 to 1913 (that is, for 8 years the total number of power stations in the Russian Empire increased by 1.7 times, and the amount of electricity produced by them Has grown in 3,8 times. The

Statistical operation of nuclear power plants

International Nuclear Information System (INIS)

Gauzit, Maurice; Wilmart, Yves

1976-01-01

A comparison of the statistical operating results of nuclear power stations as issued in the literature shows that the values given for availability and the load factor often differ considerably from each other. This may be due to different definitions given to these terms or even to a poor translation from one language into another. A critical analysis of these terms as well as the choice of a parameter from which it is possible to have a quantitative idea of the actual quality of the operation obtained is proposed. The second section gives, on an homogenous basis and from the results supplied by 83 nuclear power stations now in operation, a statistical analysis of their operating results: in particular, the two light water lines, during 1975, as well as the evolution in terms of age, of the units or the starting conditions of the units during their first two operating years. Test values thus obtained are compared also to those taken 'a priori' as hypothesis in some economic studies [fr

Statistical Study of Transformation Changes in the Ukrainian Economy

Directory of Open Access Journals (Sweden)

O. V.

2017-12-01

Full Text Available The article deals with the economic diagnostics of some important macroeconomic indicators of Ukraine that will reveal the nature and speed of the economic transformation. During the period of 2003–2007, the Ukrainian economy grew at an impressive pace. However, at present, the country is undergoing a period of serious trials, it needs to address structural problems that endanger long-term economic growth. The way out of the current situation should be the realization of the potential for growth of advanced sectors and increase of productivity across the national economy. Special attention should be paid to the transition from extractive institutions to inclusive ones. Key factors in accelerating the Ukrainian economy are more vigorous fight against corruption and investment attraction. A set of institutional variables is proposed, which allows for a more thorough assessment of the nature of economic transformation in Ukraine and detection of such deviations – transformation of the national economy occurs at different speeds. Along with the traditional shifts in the structure of GDP (the dominating share of services, there’s still insignificant statistical effect of such important institutional categories as the level of political globalization, the control of corruption, the level of property rights protection, the rule of law, and the level of social globalization.

Does HIV/AIDS matter for economic growth in sub-Saharan Africa?

DEFF Research Database (Denmark)

Mveyange, Anthony Francis; Skovsgaard, Christian; Lesner, Tine

Estimating the impact of HIV/AIDS epidemic on economic growth is challenging because of endogeneity concerns. In this paper, we use novel data on male circumcision and distance from the first HIV outbreak as instrumental variables for the HIV/AIDS epidemic in 241 regions across 25 countries in sub......-Saharan Africa during 2003–12. Our main finding shows that the impact of HIV/AIDS epidemic on economic growth is negative but statistically insignificant. Further investigation on the main channels through which HIV/AIDS may affect economic growth—namely human capital, population growth, and productivity......—finds no impacts of the HIV/AIDS epidemic on these channels....

Annual bulletin of gas statistics for Europe, 1974. Vol. XX

Energy Technology Data Exchange (ETDEWEB)

1975-01-01

The report provides basic data on developments and trends in the field of gaseous fuels in European countries and the USA. The data refer to production, stocks, inland availabilities, deliveries, trade, calorific values, fuels used for the production of gasworks gas, number of household consumers, and length of mines. The statistics appearing in this bulletin are compiled by the secretariat of the United Nations Economic Commission for Europe from replies to questionnaires supplied by various countries, or from official national sources. The statistics are presented in the form of time series. Figures are given for 1970 to 1974. In the tables relating to trade and length of mains, figures are given for 1973 and 1974.

Making Women Count: Gender-Typing, Technology and Path Dependencies in Dutch Statistical Data Processing

NARCIS (Netherlands)

van den Ende, Jan; van Oost, Elizabeth C.J.

2001-01-01

This article is a longitudinal analysis of the relation between gendered labour divisions and new data processing technologies at the Dutch Central Bureau of Statistics (CBS). Following social-constructivist and evolutionary economic approaches, the authors hold that the relation between technology

78 FR 61990 - Fisheries of the Exclusive Economic Zone Off Alaska; Pollock in Statistical Area 620 in the Gulf...

Science.gov (United States)

2013-10-10

... catch (TAC) of pollock in Statistical Area 620 of the GOA is 51,444 metric tons (mt) as established by... Statistical Area 620 is 52,964 mt (51,444 mt plus 1,520 mt). In accordance with Sec. 679.20(d)(1)(i), the... Statistical Area 620 in the Gulf of Alaska AGENCY: National Marine Fisheries Service (NMFS), National Oceanic...

The estimation of long-run relationship between Serbian and German economic growth

Directory of Open Access Journals (Sweden)

Nikolić Ivan

2016-01-01

Full Text Available Germany has always had an essential influence on Serbia's economic development. Today, Germany is Europe's economic and political superstar so this is even more pronounced. Hence, the aim of this paper is to explore the fundamental causal relationship between German and Serbian economy. In doing so, after the introductory part, where we emphasized interconnection in terms of investment, foreign trade, employment, new technologies etc., we are extending our study using quarterly 2004q1-2015q2 GDP data of both Serbia and Germany to estimate the Vector Error Correction model (VECM. The results suggest that there is co-integration between Serbia's and Germany's economic growth. The statistically significant negative coefficient on êt-1 indicates that Serbian GDP responds to a temporary disequilibrium between the Germany and Serbia. On the other hand, Germany does not appear to respond to a disequilibrium between the two economies; the t-ratio on êt-1 is statistically insignificant. These results support the idea that economic conditions in Serbia depend on those in Germany incomparably more than conditions in Germany depend on Serbia. Despite a solid long-term impact, there is not short run causality running from GerGDP to SrbGDP.

Four decades of health economics through a bibliometric lens.

Science.gov (United States)

Wagstaff, Adam; Culyer, Anthony J

2012-03-01

In this paper, we take a bibliometric tour of the last forty years of health economics using bibliographic "metadata" from EconLit supplemented by citation data from Google Scholar and our own topical classifications. We report the growth of health economics (we find 33,000 publications since 1969-12,000 more than in the economics of education) and list the 300 most-cited publications broken down by topic. We report the changing topical and geographic focus of health economics (the topics 'Determinants of health and ill-health' and 'Health statistics and econometrics' both show an upward trend, and the field has expanded appreciably into the developing world). We also compare authors, countries, institutions and journals in terms of the volume of publications and their influence as measured through various citation-based indices (Grossman, the US, Harvard and the JHE emerge close to or at the top on a variety of measures). Copyright © 2012 World Bank. Published by Elsevier B.V. All rights reserved.

INNOVATION ASPECTS OF THE ECONOMIC DEVELOPMENT

Directory of Open Access Journals (Sweden)

M. Veselovsky

2016-01-01

Full Text Available In the article the problems of economic increase and development under the conditions for the growth of crisis phenomena in the economy of Russia is investigated. Are analyzed the factors, which infl uence economic of the development of state and guarantee of its steady increase. Is examined the integral approach in conducting of economic reforms, which is based to the use of innovation developments and new forms of management of control. They are given to recommendation regarding conducting of the necessary reforms in the systems of management, planning, of organizing of labor, of circulation of money and crediting, taxation and other systems, which have the direct and defi ned by example eff ect on economic development. Is emphasized that for steady economic development is, in the first place, necessary further integration of Russia in the world community, the adjusting of mutually benefi cial intergovermental connections, the exchange, by scientific, technical and economic information, the free motion of labor and capital.Purposes / tasks. The purpose of article is a study of the factors of influencing the economic development in build-up conditions crisis phenomena and the development of the proposals, which ensure economic increase and development.Article tasks: to investigate and to isolate the growth factors, under the conditions of the being deteriorated economic situation, which is expedient to use with the solution of the problem of economic development, the application of innovation developments and new forms of management of control.Methodology. With conducting of the present investigation by the basic sources of initial data served the materials of the state statistics and other information sources. The comparative methods of analysis and synthesis are assumed as the basis of systematic developments.Results. The need for the complex conducting of economic reforms is revealed. The influence of new technologies on the development of

Financial Intermediaries and Economic Growth: The Nigerian Evidence

Directory of Open Access Journals (Sweden)

Oba Efayena

2014-06-01

Full Text Available This study seeks to examine the role of financial intermediaries and to find out whether financial intermediaries impact on economic growth in Nigeria. The study adopts the Harrod-Domar growth model which states that economic growth will proceed at the rate which society can mobilize domestic savings resources coupled with the productivity of the investment. The study employed the use of secondary data for the period 1981 to 2011 which were sourced from the CBN statistical bulletin. Nigerian banks being the dominant financial intermediaries, loans credits and advances from banks were used as proxy for the independent variable. Gross domestic product (GDP was used as proxy for economic growth. Using the technique of correlation analysis in determining the association between loan credits and advances, and the GDP, the study reveals a relatively high positive correlation between financial intermediaries and economic growth in the Nigerian economy. The study recommends that Nigerian banks should lend higher proportion of their loanable funds to small and medium enterprises (SMEs and should invest in information technology and human capital.

Assessment of mutual influence of economic and ecological processes

Directory of Open Access Journals (Sweden)

Pavel Vasil’evich Druzhinin

2014-05-01

Full Text Available The article considers two issues: the assessment of the influence of economic development on the environment and the assessment of the impact of climate change on the development of certain economic sectors. The authors used methods of statistical analysis and economic-mathematical modeling. The article reveals differences in the dynamics and defines the nature of the relationship between GRP per capita and emissions of harmful substances into the atmosphere (including greenhouse gases for Russia’s regions. It is shown that the dynamics in some regions in 2000–2011 corresponds to the environmental Kuznets curve. The factors that affect the reduction of anthropogenic impact were determined. Several models for estimating the impact of changes in climatic conditions on the productivity of various crops were designed and tested

International petroleum statistics report

Energy Technology Data Exchange (ETDEWEB)

NONE

1997-05-01

The International Petroleum Statistics Report is a monthly publication that provides current international oil data. This report is published for the use of Members of Congress, Federal agencies, State agencies, industry, and the general public. Publication of this report is in keeping with responsibilities given the Energy Information Administration in Public Law 95-91. The International Petroleum Statistics Report presents data on international oil production, demand, imports, and stocks. The report has four sections. Section 1 contains time series data on world oil production, and on oil demand and stocks in the Organization for Economic Cooperation and Development (OECD). This section contains annual data beginning in 1985, and monthly data for the most recent two years. Section 2 presents an oil supply/demand balance for the world. This balance is presented in quarterly intervals for the most recent two years. Section 3 presents data on oil imports by OECD countries. This section contains annual data for the most recent year, quarterly data for the most recent two quarters, and monthly data for the most recent twelve months. Section 4 presents annual time series data on world oil production and oil stocks, demand, and trade in OECD countries. World oil production and OECD demand data are for the years 1970 through 1995; OECD stocks from 1973 through 1995; and OECD trade from 1985 through 1995.

The impact of budget deficit on the economic development of Romania

OpenAIRE

Mesea, Oana Elena

2012-01-01

This paper empirically analyzes the impact of budget deficit on the economic development of Romania. Using the OLS estimates for quarterly series for the period from 2001 to 2011, the results of the estimates prove that there is an indirect relationship between budget deficit and economic growth of Romania. According to the best statistically significant model from the three different model tested, we reached the result that one percent rise of budget deficit gives a 1.36 percent fall in real...

The impact of microfinance bank credit on economic development of ...

African Journals Online (AJOL)

This paper x-rays the contribution of microfinance bank to the economic development of Nigeria for fifteen years by using secondary data collected from the Central Bank of Nigeria records, annual reports and statistical bulletin. The ordinary least square estimation technique was adopted using linear regression model.

The Use of Official Statistics in Self-Selection Bias Modeling

OpenAIRE

Dalla Valle, L

2016-01-01

Official statistics are a fundamental source of publicly available information that periodically provides a great amount of data on all major areas of citizens’ lives, such as economics, social development, education, and the environment. However, these extraordinary sources of information are often neglected, especially by business and industrial statisticians. In particular, data collected from small businesses, like small and medium-sized enterprizes (SMEs), are rarely integrated with offi...

Economic Crimes In The Period Of Nazaret

Directory of Open Access Journals (Sweden)

maryam mansoori

2015-12-01

Full Text Available In Other Words, The Victim Of Crime Or Bad Act And Contrary To The Provisions Specified In A Society. Breaking The Law In One Way Or Another In All Sections Of Society Or Culture There And Just Not Certain. Given The Importance Of Nazareth As A Crucial Moment In History, Investigate The Crime As One Of The Most Important Events Of This Period Can Reveal Its Many Ambiguities In The Fields Of Committing Economic Crimes. Accordingly, In This Study We Try Economic Crimes Testament Naseri Typology And The Role Of Various Factors In This Phenomenon, Particularly In Its Dual Role Of Government Is. Therefore, Relying On Historical Documents And Library Resources Available And The Statistical Analysis Of Crimes Of This Period, The Description Of The Economic Situation Of Naseri Age, The Type Of Economic Crime In The Period Studied And Said Some Of The Factors Contributing To The Occurrence Of This Crime, As Far As Possible From The Viewpoint Of Analytical Thought. According To The Findings Obtained From Different Types Of Economic Crimes, The Murder Of A 7/58%, The Highest Rate Of Opium Drawing 2/0% Were Allocated To The Lowest. Although The Government Of Nazareth Was The Main Cause Of Action In Dealing With Criminals However Its Way To Provide Mass Media, And In Many Cases They Are Also Added On.

Per capita income as a measure of economic development in Latin America

Directory of Open Access Journals (Sweden)

Nelson Manolo Chávez Muñoz

2016-04-01

Full Text Available The authorities responsible for economic and social policy in Latin American countries have been making efforts around the theme of improving the living conditions of the population, by generating a sustained per capita income, which will lead to better development indicators economic and reduce poverty levels in the region. This document evidence through descriptive statistical methodology that the main variables of economic development are influenced by per capita GDP in Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Ecuador, El Salvador, Mexico and Peru. According to empirical evidence we can conclude that Argentina is the country that more investment made in education, social security and health, because their economic growth rates have been stable over time, while Bolivia is the country has the lowest social public investment, mainly due to its low economic performance.

A Concise Introduction to the Statistical Physics of Complex Systems

CERN Document Server

Bertin, Eric

2012-01-01

This concise primer (based on lectures given at summer schools on complex systems and on a masters degree course in complex systems modeling) will provide graduate students and newcomers to the field with the basic knowledge of the concepts and methods of statistical physics and its potential for application to interdisciplinary topics.  Indeed, in recent years, statistical physics has begun to attract the interest of a broad community of researchers in the field of complex system sciences, ranging from biology to the social sciences, economics and computer science. More generally, a growing number of graduate students and researchers feel the need to learn some basic concepts and questions originating in other disciplines without necessarily having to master all of the corresponding technicalities and jargon. Generally speaking, the goals of statistical physics may be summarized as follows: on the one hand to study systems composed of a large number of interacting ‘entities’, and on the other to predict...

Quantum-like microeconomics: Statistical model of distribution of investments and production

Science.gov (United States)

Khrennikov, Andrei

2008-10-01

In this paper we demonstrate that the probabilistic quantum-like (QL) behavior-the Born’s rule, interference of probabilities, violation of Bell’s inequality, representation of variables by in general noncommutative self-adjoint operators, Schrödinger’s dynamics-can be exhibited not only by processes in the micro world, but also in economics. In our approach the QL-behavior is induced not by properties of systems. Here systems (commodities) are macroscopic. They could not be superpositions of two different states. In our approach the QL-behavior of economical statistics is a consequence of the organization of the process of production as well as investments. In particular, Hamiltonian (“financial energy”) is determined by rate of return.

EXPENSES FOR ECONOMIC ACTIVITIES FROM LOCAL BUDGETS

Directory of Open Access Journals (Sweden)

CRISTINEL ICHIM

2015-04-01

Full Text Available In the present article we propose to analyze and deepen significant categories of costs funded from the local budgets, namely the expenditure for economic activities. Our scientific approach begins with determining the place occupied by such expenses in local public expenditure by specifying their content and role. The center of gravity of the study is to treat and deepen the three subgroups of expenses that we consider representative: "The expenses for production, transportation, distribution and supply of heat in a centralized system", "Transport Costs" and Expenditure for agriculture and forestry ". The reaserch is based on the quantitative analysis of the expenses for economic actions, in local budgets, based on the existing data from the Statistical Yearbook of Romania, and highlights the structure of this type of expenses as well as the place they hold in the expediture of local budgets.The study includes an analysis of the dynamics of the share held by economic costs within total expenses from local budgets. From the reaserch carried out, it is shown that the evolution and structure of the expenditures for economic actions from local budgets is determined by the action of certain economical and social factors that vary from one administrative teritorial unit to another: the ray of economical develpoment of the administrative ter itorial unit, urbanization, the number and social structure of the population. The reaserch shows that in the field of expenses for economic actions, the largest share is held by expenditures for transportation (almost 80%, far away from the expenses for fuel and energy (13,66%. During the 1999-2013 the dynamic of expenses for economical actions in the total of expenditures of local budgets, is sinusoidal due to the intervention of certain legislative changes.

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.

Benford's law and the FSD distribution of economic behavioral micro data

Science.gov (United States)

Villas-Boas, Sofia B.; Fu, Qiuzi; Judge, George

2017-11-01

In this paper, we focus on the first significant digit (FSD) distribution of European micro income data and use information theoretic-entropy based methods to investigate the degree to which Benford's FSD law is consistent with the nature of these economic behavioral systems. We demonstrate that Benford's law is not an empirical phenomenon that occurs only in important distributions in physical statistics, but that it also arises in self-organizing dynamic economic behavioral systems. The empirical likelihood member of the minimum divergence-entropy family, is used to recover country based income FSD probability density functions and to demonstrate the implications of using a Benford prior reference distribution in economic behavioral system information recovery.

Statistical Control Charts: Performances of Short Term Stock Trading in Croatia

Directory of Open Access Journals (Sweden)

Dumičić Ksenija

2015-03-01

Full Text Available Background: The stock exchange, as a regulated financial market, in modern economies reflects their economic development level. The stock market indicates the mood of investors in the development of a country and is an important ingredient for growth. Objectives: This paper aims to introduce an additional statistical tool used to support the decision-making process in stock trading, and it investigate the usage of statistical process control (SPC methods into the stock trading process. Methods/Approach: The individual (I, exponentially weighted moving average (EWMA and cumulative sum (CUSUM control charts were used for gaining trade signals. The open and the average prices of CROBEX10 index stocks on the Zagreb Stock Exchange were used in the analysis. The statistical control charts capabilities for stock trading in the short-run were analysed. Results: The statistical control chart analysis pointed out too many signals to buy or sell stocks. Most of them are considered as false alarms. So, the statistical control charts showed to be not so much useful in stock trading or in a portfolio analysis. Conclusions: The presence of non-normality and autocorellation has great impact on statistical control charts performances. It is assumed that if these two problems are solved, the use of statistical control charts in a portfolio analysis could be greatly improved.

Statistical thermodynamics

International Nuclear Information System (INIS)

Lim, Gyeong Hui

2008-03-01

This book consists of 15 chapters, which are basic conception and meaning of statistical thermodynamics, Maxwell-Boltzmann's statistics, ensemble, thermodynamics function and fluctuation, statistical dynamics with independent particle system, ideal molecular system, chemical equilibrium and chemical reaction rate in ideal gas mixture, classical statistical thermodynamics, ideal lattice model, lattice statistics and nonideal lattice model, imperfect gas theory on liquid, theory on solution, statistical thermodynamics of interface, statistical thermodynamics of a high molecule system and quantum statistics

The Industry – a Vulnerable Source of Economic Recovery in Romania

Directory of Open Access Journals (Sweden)

Anca DACHIN

2012-01-01

Full Text Available In a globalized world the exogenous shocks and related instabilities of economic variables have negative effects on the economic growth of each country. Increased sensitivity to shocks shows higher economic vulnerability and the persistence of its factors and features reveal structural deficiencies of the economy. Industry is a category of resource with a decreasing share in GDP in the European Union in the past decades, but still gives the first signs of slowdown in activity before crisis. The industrial production in Romania had a fast recovery among the EU Member States in 2011 based on the increase of the external demand. The paper focuses on the exposure of the Romanian industry to further economic instability by using an empirical analysis of short-term statistics. Since a high share of the Romanian industrial exports are EU oriented, the commercial channel is an important factor that may affect the post-crisis economic growth if the structural vulnerability does not decrease.

Swiss energy statistics 2010

International Nuclear Information System (INIS)

2011-01-01

This comprehensive report presents the Swiss Federal Office of Energy's statistics on energy production and consumption in Switzerland in 2010. Facts and figures are presented in tables and diagrams. First of all, a general overview of Swiss energy consumption is presented that includes details on the shares taken by the various energy carriers involved and their development during the period reviewed. The report also includes graphical representations of energy usage in various sectors such as households, trade and industry, transport and the services sector. Also, economic data on energy consumption is presented. A second chapter takes a look at energy flows from producers to consumers and presents an energy balance for Switzerland in the form of tables and an energy-flow diagram. The individual energy sources and the import, export and storage of energy carriers are discussed as is the conversion between various forms and categories of energy. Details on the consumption of energy, its growth over the years up to 2010 and energy use in various sectors are presented. The Swiss energy balance with reference to the use of renewable sources of energy such as solar energy, biomass, wastes and ambient heat is discussed and figures are presented on the contribution of renewables to heating and the generation of electrical power. In the third chapter, details are given related to each energy carrier. The final chapter deals with economical and environmental aspects

Networking—a statistical physics perspective

Science.gov (United States)

Yeung, Chi Ho; Saad, David

2013-03-01

Networking encompasses a variety of tasks related to the communication of information on networks; it has a substantial economic and societal impact on a broad range of areas including transportation systems, wired and wireless communications and a range of Internet applications. As transportation and communication networks become increasingly more complex, the ever increasing demand for congestion control, higher traffic capacity, quality of service, robustness and reduced energy consumption requires new tools and methods to meet these conflicting requirements. The new methodology should serve for gaining better understanding of the properties of networking systems at the macroscopic level, as well as for the development of new principled optimization and management algorithms at the microscopic level. Methods of statistical physics seem best placed to provide new approaches as they have been developed specifically to deal with nonlinear large-scale systems. This review aims at presenting an overview of tools and methods that have been developed within the statistical physics community and that can be readily applied to address the emerging problems in networking. These include diffusion processes, methods from disordered systems and polymer physics, probabilistic inference, which have direct relevance to network routing, file and frequency distribution, the exploration of network structures and vulnerability, and various other practical networking applications.

Networking—a statistical physics perspective

International Nuclear Information System (INIS)

Yeung, Chi Ho; Saad, David

2013-01-01

Networking encompasses a variety of tasks related to the communication of information on networks; it has a substantial economic and societal impact on a broad range of areas including transportation systems, wired and wireless communications and a range of Internet applications. As transportation and communication networks become increasingly more complex, the ever increasing demand for congestion control, higher traffic capacity, quality of service, robustness and reduced energy consumption requires new tools and methods to meet these conflicting requirements. The new methodology should serve for gaining better understanding of the properties of networking systems at the macroscopic level, as well as for the development of new principled optimization and management algorithms at the microscopic level. Methods of statistical physics seem best placed to provide new approaches as they have been developed specifically to deal with nonlinear large-scale systems. This review aims at presenting an overview of tools and methods that have been developed within the statistical physics community and that can be readily applied to address the emerging problems in networking. These include diffusion processes, methods from disordered systems and polymer physics, probabilistic inference, which have direct relevance to network routing, file and frequency distribution, the exploration of network structures and vulnerability, and various other practical networking applications. (topical review)

Energy statistics and balances of non-OECD countries 1993-1994

International Nuclear Information System (INIS)

1996-01-01

Contains a compilation of energy supply and consumption statistics for more than 100 non-OECD countries and regions, including developing countries Central and Eastern European countries and the former USSR. Data are expressed in original units and in common units for coal, oil, gas, electricity, heat and combustible renewable and waste. Historical tables for both individual countries and regions summarize data on coal, oil, gas and electricity production, trade and consumption as well as main energy and economic indicators since 1971. Each issue includes definitions of products and flows and notes on the individual countries as well as conversion factors from original units to common energy units. Similar data for OECD are available in the IEA Energy Statistics and Energy Balances of OECD Countries. (author)

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

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Ronaldo F. Frufonga

2015-11-01

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

a Statistical Dynamic Approach to Structural Evolution of Complex Capital Market Systems

Science.gov (United States)

Shao, Xiao; Chai, Li H.

As an important part of modern financial systems, capital market has played a crucial role on diverse social resource allocations and economical exchanges. Beyond traditional models and/or theories based on neoclassical economics, considering capital markets as typical complex open systems, this paper attempts to develop a new approach to overcome some shortcomings of the available researches. By defining the generalized entropy of capital market systems, a theoretical model and nonlinear dynamic equation on the operations of capital market are proposed from statistical dynamic perspectives. The US security market from 1995 to 2001 is then simulated and analyzed as a typical case. Some instructive results are discussed and summarized.

Teen Childbearing and Economics: A Short History of a 25-Year Research Love Affair

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Saul D. Hoffman

2015-09-01

Full Text Available Despite its apparent distance from the core topics of economics, economists have been attracted to, and deeply engaged in, research about teen fertility for more than a quarter century. Research has focused on two broad, interrelated issues: the socio-economic consequences of a teen birth and the socio-economic causes of a teen birth. In researching these issues, economists have drawn on and extended basic concepts in economic theory and in applied statistical research. I review those literatures for a non-economist audience and conclude that the research love affair has substantially benefited both parties, although definitive answers to causes and consequences are still elusive.

Globalization and economic growth: empirical evidence on the role of complementarities.

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Samimi, Parisa; Jenatabadi, Hashem Salarzadeh

2014-01-01

This study was carried out to investigate the effect of economic globalization on economic growth in OIC countries. Furthermore, the study examined the effect of complementary policies on the growth effect of globalization. It also investigated whether the growth effect of globalization depends on the income level of countries. Utilizing the generalized method of moments (GMM) estimator within the framework of a dynamic panel data approach, we provide evidence which suggests that economic globalization has statistically significant impact on economic growth in OIC countries. The results indicate that this positive effect is increased in the countries with better-educated workers and well-developed financial systems. Our finding shows that the effect of economic globalization also depends on the country's level of income. High and middle-income countries benefit from globalization whereas low-income countries do not gain from it. In fact, the countries should receive the appropriate income level to be benefited from globalization. Economic globalization not only directly promotes growth but also indirectly does so via complementary reforms.

Globalization and economic growth: empirical evidence on the role of complementarities.

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Parisa Samimi

Full Text Available This study was carried out to investigate the effect of economic globalization on economic growth in OIC countries. Furthermore, the study examined the effect of complementary policies on the growth effect of globalization. It also investigated whether the growth effect of globalization depends on the income level of countries. Utilizing the generalized method of moments (GMM estimator within the framework of a dynamic panel data approach, we provide evidence which suggests that economic globalization has statistically significant impact on economic growth in OIC countries. The results indicate that this positive effect is increased in the countries with better-educated workers and well-developed financial systems. Our finding shows that the effect of economic globalization also depends on the country's level of income. High and middle-income countries benefit from globalization whereas low-income countries do not gain from it. In fact, the countries should receive the appropriate income level to be benefited from globalization. Economic globalization not only directly promotes growth but also indirectly does so via complementary reforms.

The Impact of FDI on the Economic Growth of Serbia

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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.

Climate and fishing steer ecosystem regeneration to uncertain economic futures

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Blenckner, Thorsten; Llope, Marcos; Möllmann, Christian; Voss, Rudi; Quaas, Martin F.; Casini, Michele; Lindegren, Martin; Folke, Carl; Chr. Stenseth, Nils

2015-01-01

Overfishing of large predatory fish populations has resulted in lasting restructurings of entire marine food webs worldwide, with serious socio-economic consequences. Fortunately, some degraded ecosystems show signs of recovery. A key challenge for ecosystem management is to anticipate the degree to which recovery is possible. By applying a statistical food-web model, using the Baltic Sea as a case study, we show that under current temperature and salinity conditions, complete recovery of this heavily altered ecosystem will be impossible. Instead, the ecosystem regenerates towards a new ecological baseline. This new baseline is characterized by lower and more variable biomass of cod, the commercially most important fish stock in the Baltic Sea, even under very low exploitation pressure. Furthermore, a socio-economic assessment shows that this signal is amplified at the level of societal costs, owing to increased uncertainty in biomass and reduced consumer surplus. Specifically, the combined economic losses amount to approximately 120 million € per year, which equals half of today's maximum economic yield for the Baltic cod fishery. Our analyses suggest that shifts in ecological and economic baselines can lead to higher economic uncertainty and costs for exploited ecosystems, in particular, under climate change. PMID:25694626

Is there a statistical relationship between economic crises and changes in government health expenditure growth? an analysis of twenty-four European countries.

Science.gov (United States)

Cylus, Jonathan; Mladovsky, Philipa; McKee, Martin

2012-12-01

To identify whether, by what means, and the extent to which historically, government health care expenditure growth in Europe has changed following economic crises. Organization for Economic Cooperation and Development Health Data 2011. Cross-country fixed effects multiple regression analysis is used to determine whether statutory health care expenditure growth in the year after economic crises differs from that which would otherwise be predicted by general economic trends. Better understanding of the mechanisms involved is achieved by distinguishing between policy responses which lead to cost-shifting and all others. In the year after an economic downturn, public health care expenditure grows more slowly than would have been expected given the longer term economic climate. Cost-shifting and other policy responses are both associated with these slowdowns. However, while changes in tax-derived expenditure are associated with both cost-shifting and other policy responses following a crisis, changes in expenditure derived from social insurance have been associated only with changes in cost-shifting. Disproportionate cuts to the health sector, as well as reliance on cost-shifting to slow growth in health care expenditure, serve as a warning in terms of potentially negative effects on equity, efficiency, and quality of health services and, potentially, health outcomes following economic crises. © Health Research and Educational Trust.

The economic growth enigma: Capital, labour and useful energy?

International Nuclear Information System (INIS)

Ayres, Robert; Voudouris, Vlasios

2014-01-01

We show that the application of flexible semi-parametric statistical techniques enables significant improvements in model fitting of macroeconomic models. As applied to the explanation of the past economic growth (since 1900) in US, UK and Japan, the new results demonstrate quite conclusively the non-linear relationships between capital, labour and useful energy with economic growth. They also indicate that output elasticities of capital, labour and useful energy are extremely variable over time. We suggest that these results confirm the economic intuition that growth since the industrial revolution has been driven largely by declining energy costs due to the discovery and exploitation of relatively inexpensive fossil fuel resources. Implications for the 21st century, which are also discussed briefly by exploring the implications of an ACEGES-based scenario of oil production, are as follows: (a) the provision of adequate and affordable quantities of useful energy as a pre-condition for economic growth and (b) the design of energy systems as ‘technology incubators’ for a prosperous 21st century. - Highlights: • Economic growth needs three factors of production. • We propose a semi-parametric generalised production function. • Exploitation of inexpensive fossil fuel resources has profound policy implications

The modelling of off-site economic consequences of nuclear accidents

International Nuclear Information System (INIS)

Alonso, A.; Gallego, E.; Martin, J.E.

1991-01-01

The paper presents a computer model for the probabilistic assessment of the off-site economic risk derived from nuclear accidents. The model is called MECA (Model for Economic Consequence Assessment) and takes into consideration the direct costs caused, following an accident, by the different countermeasures adopted to prevent both the early and chronic exposure of the population to the radionuclides released, as well as the direct costs derived from health damage to the affected population. The model uses site-specific data that are organized in a socio-economic data base; detailed distributions of population, livestock census, agricultural production and farmland use, as well as of employment, salaries, and added value for different economic sectors are included. This data base has been completed for Spain, based on available official statistics. The new code, coupled to a general ACA code, provides capability to complete probabilistic risk assessments from the point of view of the off-site economic consequences, and also to perform cost-effectiveness analysis of the different countermeasures in the field of emergency preparedness

To what extent does banks' credit stimulate economic growth ...

African Journals Online (AJOL)

This study examines the extent to which banks' credit affects economic growth in Nigeria. The data used was collected from the Central Bank of Nigeria statistical bulletin for a period of 24 years from 1990 to 2013. We used credit to the private sector, credit to the public sector and inflation to proxy commercial bank credit ...

Improving statistical accounting as an element of quality management development in healthcare

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Gulnara R. Khamidullina

2014-01-01

Full Text Available Objective to offer a solution to the problem of statistical accounting in health care on the basis of stationary medical institutions which will serve as the basis for solving many of the challenges facing the management of health institutions. Method systematic logical analysis was used. Scientific novelty solution to the issues of collecting recording and using statistical indicators necessary for the medical institution functioning is proposed. The possibility is proved of using this approach for solving problems of healthcare management. Practical value the use of research results for the processing of statistical information will reduce the risk of losing information. It will allow health care managers to use both statistical information and data on availability and consumption of materials thus ensuring the timeliness and correctness of managerial decisions. Results the problem of collecting processing and recording statistical information in a stationary medical institution is discussed. On the basis of the conducted research a solution is proposed to the problem of errors in the collecting processing transferring and keeping statistical information in health care. The necessity of these implementations is proved. The economic efficiency is proved which is associated with the timely managerial decisions on the basis of the offered variant of statistical accounting.

[Statistics for statistics?--Thoughts about psychological tools].

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Berger, Uwe; Stöbel-Richter, Yve

2007-12-01

Statistical methods take a prominent place among psychologists' educational programs. Being known as difficult to understand and heavy to learn, students fear of these contents. Those, who do not aspire after a research carrier at the university, will forget the drilled contents fast. Furthermore, because it does not apply for the work with patients and other target groups at a first glance, the methodological education as a whole was often questioned. For many psychological practitioners the statistical education makes only sense by enforcing respect against other professions, namely physicians. For the own business, statistics is rarely taken seriously as a professional tool. The reason seems to be clear: Statistics treats numbers, while psychotherapy treats subjects. So, does statistics ends in itself? With this article, we try to answer the question, if and how statistical methods were represented within the psychotherapeutical and psychological research. Therefore, we analyzed 46 Originals of a complete volume of the journal Psychotherapy, Psychosomatics, Psychological Medicine (PPmP). Within the volume, 28 different analyse methods were applied, from which 89 per cent were directly based upon statistics. To be able to write and critically read Originals as a backbone of research, presumes a high degree of statistical education. To ignore statistics means to ignore research and at least to reveal the own professional work to arbitrariness.

Ecological economics and economic growth.

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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.

Energy and women's economic empowerment: Rethinking the benefits of improved cookstove use in rural India

Science.gov (United States)

Seaward, James Nicholas

International development organizations have recently ramped up efforts to promote the use of improved cookstoves (ICS) in developing countries, aiming to reduce the harmful environmental and public health impacts of the burning of biomass for cooking and heating. I hypothesize that ICS use also has additional benefits---economic and social benefits---that can contribute to women's economic empowerment in the developing world. To explore the relationship between ICS use and women's economic empowerment, I use Ordinary Least Squares and Logit models based on data from the India Human Development Survey (IHDS) to analyze differences between women living in households that use ICS and those living in homes that use traditional cookstoves. My regression results reveal that ICS use has a statistically significant and negative effect on the amount of time women and girls spend on fuel collection and a statistically significant and positive effect on the likelihood of women's participation in side businesses, but does not have a statistically significant effect on the likelihood of lost productivity. My analysis shows promise that in addition to health and environmental benefits, fuel-efficient cooking technologies can also have social and economic impacts that are especially beneficial to women. It is my hope that the analysis provided in this paper will be used to further the dialogue about the importance of women's access to modern energy services in the fight to improve women's living standards in the developing world.

The world energy consumption in 2001. Statistical yearbook ENERDATA 2002

International Nuclear Information System (INIS)

2002-01-01

Statistical data on the world energy consumption are given to illustrate the following situation in 2001: the deceleration of the world economic growth and the high prices of oil slowed down the progression of the energy consumption: 0,7 % in 2001; stagnation of the gas and oil consumption and strong progression for coal and electricity in 2001; the deceleration for gas marks a strong inflection compared to the past trends. (A.L.B.)

Modern Determinants of Countries’ Economic Power

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Oleksii Chugaiev

2017-02-01

Full Text Available The economic power of a country is the ability of all its residents to influence the other subjects of international economic relations by economic means and to withstand external impact. The abstract nature, multidimensionality and complexity of the concept of economic power determine the plurality of methods for its quantitative measurement. The examples of the existing assessments of countries' economic power at the beginning of the 21st century are given based on its key determinants. The methods based on the criteria of GDP, national wealth, trade sphere of influence, multi-component indices and subjective assessments are preferably used. Most assessments show the distribution of economic power between countries in a fairly similar way. However, the methods based on national wealth and its components give a distinct advantage to developed countries, and the methods of subjective assessments in individual countries can show unexpected results. The problematic aspects of the existing methods include the failure to take into account economic dynamics, informal economy, environmental impact, non-periodicity of statistical data publication, coverage of a part of economic entities, one-dimensionality, arbitrary weighting coefficients of factors or duplication of information. We propose the economic power index based on fixed values and dynamics of adjusted net national income. The application of such index made it possible to assess the economic power of the vast majority of countries and a number of integrated entities. The leading countries, i.e. USA and China, were similarly assessed. Taking into account the incomplete integration, the EU takes the third place. The developed countries account for a half of economic power of the world’s countries, the newly industrialized countries — for more than one third, the least developed countries — for less than 1 per cent. The enhancing effect of integrated entities on their key member states was

Economic Analysis of Small Scale Egg Production in Gombe Local ...

African Journals Online (AJOL)

This study was conducted to determine the economic profitability of small-scale egg production in Gombe L.G.A. Gombe State. Data were collected from 36 famers using simple random sampling technique. The data collected were analyzed using descriptive statistics, gross margin and farm financial ratio analysis. The study ...

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

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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.

SHAKESPEARE, CULTURE AND ECONOMIC INTANGIBLES IN KNOWLEDGE ECONOMIES

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A.S. WEBER

2012-05-01

Full Text Available This contribution investigates the vexed question of economic intangibles in the knowledge economy using Shakespeare as a locus of inquiry. Shakespeare is particularly suited for this analysis since as England’s widelyacknowledged greatest dramatist, the author possesses considerable cultural capital, but also contributes substantially to the tangible, measurable economy of Great Britain through productions of his works, tourism, and fee-generating activity in universities, museums and heritage sites. In addition, a considerable number of knowledge products (Intellectual Property arise directly from Shakespeare including books, films, instructional materials, and research articles. Due to the large number of peer-reviewed books and articles annually produced by scholars of Early Modern history and literature, academics joke about “the Shakespeare industry.” Drawing on cultural economics, cultural theory, and knowledge economy research, this paper attempts to bridge the gap between quantitative statistical based economic theory and qualitative research into culture, value, and artistic transmission.

RUSSIA'S ECONOMIC SECURITY: THREATS TO NATIONAL INTERESTS AND THEIR REFLECTION

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M. N. Dudin

2014-01-01

Full Text Available The relevance of this study due to the fact that at the present time the situation inRussiais complemented by the negative consequences of market reforms in the economy. According to statistical studies in the country with infl ation of about 10% per year among the total population of more than 20% of people with incomes below the subsistence minimum, and the income gap between the highest-income populations and low-income groups more than 12 times. The inequitable distribution of material and spiritual wealth, unemployment (over 9%, ignoring the legitimate rights and interests of a particular person and their direct violation, corruption, alcoholism, drug addiction largely led to the reproduction of aggression, violence in the country. The recession has limited the ability of the material support of the institutions of culture, education, health. The majority of the population is a feeling of uncertainty, future uncertainty, anxiety, loss of landmarks.Objectives The purpose of this work is the identifi cation and characterization of threats to economic security of theRussian Federationat the present time, and to develop recommendations for the prevention of threats to the national interests ofRussia.Method’s. The methodological basis of this article was legal, comparative and economic-statistical methods of analysis. Results. In the framework of the submitted article, the authors found that threats to the economic security ofRussiaare potential dangers that can occur when inept and ineffi cient use of economic resources ofRussiaon the domestic and foreign markets. Major threats to the economic security of theRussian Federationare: bankruptcy, weak absorption lines; corruption; threats to small business development; investment crisis, the massive outfl ow of capital; the crisis in the social sphere; food addiction; the crisis of industrial policy, as well as strengthening the role and place of TNCs.Conclusions and Relevance. The practical

EFFICIENT OFFICIAL STATISTICS AS A KEY TO THE ISSUE OF POST-CRISIS DEVELOPMENT

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N. I. Pashintseva

2010-06-01

Full Text Available Measures implemented by the Federal State Statistics Service aimed at regular monitoring of the situation in the territory of the Russian Federation have been considered in the paper. Issues related to unemployment and investment activity by enterprises in the context of the financial and economic crisis have been analyzed.

A New Global Policy Regime Founded on Invalid Statistics? Hanushek, Woessmann, PISA, and Economic Growth

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Komatsu, Hikaru; Rappleye, Jeremy

2017-01-01

Several recent, highly influential comparative studies have made strong statistical claims that improvements on global learning assessments such as PISA will lead to higher GDP growth rates. These claims have provided the primary source of legitimation for policy reforms championed by leading international organisations, most notably the World…

Vintage errors: do real-time economic data improve election forecasts?

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Mark Andreas Kayser

2015-07-01

Full Text Available Economic performance is a key component of most election forecasts. When fitting models, however, most forecasters unwittingly assume that the actual state of the economy, a state best estimated by the multiple periodic revisions to official macroeconomic statistics, drives voter behavior. The difference in macroeconomic estimates between revised and original data vintages can be substantial, commonly over 100% (two-fold for economic growth estimates, making the choice of which data release to use important for the predictive validity of a model. We systematically compare the predictions of four forecasting models for numerous US presidential elections using real-time and vintage data. We find that newer data are not better data for election forecasting: forecasting error increases with data revisions. This result suggests that voter perceptions of economic growth are influenced more by media reports about the economy, which are based on initial economic estimates, than by the actual state of the economy.

Impact of employment instability on socio-economic position of employees

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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.

Towards a solidarity economy zakat Decrease poverty vs economic growth

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Mébarek BOUBLAL

2015-02-01

Full Text Available Historically, inequalities in the distribution of goods between men existed. Different economic policies have been developed in order to solve not only the problem of inequality, but also that of unemployment. The statistics speak for themselves; despite efforts provided, no solution has been able to solve this twofold problem. Indeed, we must understand that today's economy is primarily responsible for capital growth; support social policy is the responsibility of the welfare state. Policies such as the single tax , or flat tax and the social economy, or non profit sector, have emerged but not able to reconcile the dilemma posed by the management of the social side with economic growth and to help grow the capital. Consideration of zakat as a social economic system, or zakat solidarity economy, provides an opening to a third way. This pathway is ale to support the reduction of inequalities in redistribution and unemployment, without jeopardizing economic growth.

Big Data and Health Economics: Strengths, Weaknesses, Opportunities and Threats.

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Collins, Brendan

2016-02-01

'Big data' is the collective name for the increasing capacity of information systems to collect and store large volumes of data, which are often unstructured and time stamped, and to analyse these data by using regression and other statistical techniques. This is a review of the potential applications of big data and health economics, using a SWOT (strengths, weaknesses, opportunities, threats) approach. In health economics, large pseudonymized databases, such as the planned care.data programme in the UK, have the potential to increase understanding of how drugs work in the real world, taking into account adherence, co-morbidities, interactions and side effects. This 'real-world evidence' has applications in individualized medicine. More routine and larger-scale cost and outcomes data collection will make health economic analyses more disease specific and population specific but may require new skill sets. There is potential for biomonitoring and lifestyle data to inform health economic analyses and public health policy.

Is There a Statistical Relationship between Economic Crises and Changes in Government Health Expenditure Growth? An Analysis of Twenty-Four European Countries

Science.gov (United States)

Cylus, Jonathan; Mladovsky, Philipa; McKee, Martin

2012-01-01

Objective To identify whether, by what means, and the extent to which historically, government health care expenditure growth in Europe has changed following economic crises. Data Sources Organization for Economic Cooperation and Development Health Data 2011. Study Design Cross-country fixed effects multiple regression analysis is used to determine whether statutory health care expenditure growth in the year after economic crises differs from that which would otherwise be predicted by general economic trends. Better understanding of the mechanisms involved is achieved by distinguishing between policy responses which lead to cost-shifting and all others. Findings In the year after an economic downturn, public health care expenditure grows more slowly than would have been expected given the longer term economic climate. Cost-shifting and other policy responses are both associated with these slowdowns. However, while changes in tax-derived expenditure are associated with both cost-shifting and other policy responses following a crisis, changes in expenditure derived from social insurance have been associated only with changes in cost-shifting. Conclusions Disproportionate cuts to the health sector, as well as reliance on cost-shifting to slow growth in health care expenditure, serve as a warning in terms of potentially negative effects on equity, efficiency, and quality of health services and, potentially, health outcomes following economic crises. PMID:22670771

Statistical methods of estimating mining costs

Science.gov (United States)

Long, K.R.

2011-01-01

Until it was defunded in 1995, the U.S. Bureau of Mines maintained a Cost Estimating System (CES) for prefeasibility-type economic evaluations of mineral deposits and estimating costs at producing and non-producing mines. This system had a significant role in mineral resource assessments to estimate costs of developing and operating known mineral deposits and predicted undiscovered deposits. For legal reasons, the U.S. Geological Survey cannot update and maintain CES. Instead, statistical tools are under development to estimate mining costs from basic properties of mineral deposits such as tonnage, grade, mineralogy, depth, strip ratio, distance from infrastructure, rock strength, and work index. The first step was to reestimate "Taylor's Rule" which relates operating rate to available ore tonnage. The second step was to estimate statistical models of capital and operating costs for open pit porphyry copper mines with flotation concentrators. For a sample of 27 proposed porphyry copper projects, capital costs can be estimated from three variables: mineral processing rate, strip ratio, and distance from nearest railroad before mine construction began. Of all the variables tested, operating costs were found to be significantly correlated only with strip ratio.

Statistical Teleodynamics: Toward a Theory of Emergence.

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Venkatasubramanian, Venkat

2017-10-24

The central scientific challenge of the 21st century is developing a mathematical theory of emergence that can explain and predict phenomena such as consciousness and self-awareness. The most successful research program of the 20th century, reductionism, which goes from the whole to parts, seems unable to address this challenge. This is because addressing this challenge inherently requires an opposite approach, going from parts to the whole. In addition, reductionism, by the very nature of its inquiry, typically does not concern itself with teleology or purposeful behavior. Modeling emergence, in contrast, requires the addressing of teleology. Together, these two requirements present a formidable challenge in developing a successful mathematical theory of emergence. In this article, I describe a new theory of emergence, called statistical teleodynamics, that addresses certain aspects of the general problem. Statistical teleodynamics is a mathematical framework that unifies three seemingly disparate domains-purpose-free entities in statistical mechanics, human engineered teleological systems in systems engineering, and nature-evolved teleological systems in biology and sociology-within the same conceptual formalism. This theory rests on several key conceptual insights, the most important one being the recognition that entropy mathematically models the concept of fairness in economics and philosophy and, equivalently, the concept of robustness in systems engineering. These insights help prove that the fairest inequality of income is a log-normal distribution, which will emerge naturally at equilibrium in an ideal free market society. Similarly, the theory predicts the emergence of the three classes of network organization-exponential, scale-free, and Poisson-seen widely in a variety of domains. Statistical teleodynamics is the natural generalization of statistical thermodynamics, the most successful parts-to-whole systems theory to date, but this generalization is

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

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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.

ENVIRONMENTAL ASPECTS OF "GREEN ECONOMY" RUSSIA'S ECONOMIC GROWTH

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R. N. Botavina

2016-01-01

Full Text Available The article tells the story of the emergence of "green" economy, as opposed to the traditional "brown" ekonomike, given its concept shown shortcomings of the existing definitions of "green" economy, conclusions about the real possibilities of the transition to the growth of "green" economy. The relevance of this work lies in the fact that the changing paradigm of understanding the basis and essence of sustainable development of the national socio-economic systems necessitates the integration of economic and environmental solutions, this integration is seen as part of the concept of "green economy".The approach of this article is based on an interdisciplinary concept of quality management in relation to the specifics of functioning and development of the domestic socio-economic systems.The purpose / goal. The purpose of this article, and its main task is to systematize the areas of environmentally oriented development of economic entities, as well as the determination of the list of key provisions of environmental policy, which will provide further socio-economic development of Russia in line with the green economy. As a result, Russia as one of the great powers of the world will find a stable geopolitical situation.Methodology. The methodological basis of this article are comparative, economic and statistical analysis methods.Results. This article suggests some solutions to be included in the national environmental policy as a major incentive for the further transition to a green economy.Conclusions: The material contained in this article show the special role of the concept of "green economy" in the social and economic processes in the development of Russia's geo-economic stability. The above article aspects of the further development of the green economy in Russia can complement scientific and practical base solutions that provide active creation, implementation and use of green technologies to provide environmentally responsible sustainable

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....

Measuring the economic performance of socially responsible companies

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Josefina Fernández-Guadaño

2015-12-01

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

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.

Spatial Analysis on Future Housing Markets: Economic Development and Housing Implications

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Xin Liu

2014-01-01

Full Text Available A coupled projection method combining formal modelling and other statistical techniques was developed to delineate the relationship between economic and social drivers for net new housing allocations. Using the example of employment growth in Tyne and Wear, UK, until 2016, the empirical analysis yields housing projections at the macro- and microspatial levels (e.g., region to subregion to elected ward levels. The results have important implications for the strategic planning of locations for housing and employment, demonstrating both intuitively and quantitatively how local economic developments affect housing demand.

Regression analysis understanding and building business and economic models using Excel

CERN Document Server

Wilson, J Holton

2012-01-01

The technique of regression analysis is used so often in business and economics today that an understanding of its use is necessary for almost everyone engaged in the field. This book will teach you the essential elements of building and understanding regression models in a business/economic context in an intuitive manner. The authors take a non-theoretical treatment that is accessible even if you have a limited statistical background. It is specifically designed to teach the correct use of regression, while advising you of its limitations and teaching about common pitfalls. This book describe

Calculating statistical distributions from operator relations: The statistical distributions of various intermediate statistics

International Nuclear Information System (INIS)

Dai, Wu-Sheng; Xie, Mi

2013-01-01

In this paper, we give a general discussion on the calculation of the statistical distribution from a given operator relation of creation, annihilation, and number operators. Our result shows that as long as the relation between the number operator and the creation and annihilation operators can be expressed as a † b=Λ(N) or N=Λ −1 (a † b), where N, a † , and b denote the number, creation, and annihilation operators, i.e., N is a function of quadratic product of the creation and annihilation operators, the corresponding statistical distribution is the Gentile distribution, a statistical distribution in which the maximum occupation number is an arbitrary integer. As examples, we discuss the statistical distributions corresponding to various operator relations. In particular, besides the Bose–Einstein and Fermi–Dirac cases, we discuss the statistical distributions for various schemes of intermediate statistics, especially various q-deformation schemes. Our result shows that the statistical distributions corresponding to various q-deformation schemes are various Gentile distributions with different maximum occupation numbers which are determined by the deformation parameter q. This result shows that the results given in much literature on the q-deformation distribution are inaccurate or incomplete. -- Highlights: ► A general discussion on calculating statistical distribution from relations of creation, annihilation, and number operators. ► A systemic study on the statistical distributions corresponding to various q-deformation schemes. ► Arguing that many results of q-deformation distributions in literature are inaccurate or incomplete

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

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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.

Regions’ Economic Autonomy in the New Reality

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Vladimir Stepanovich Bochko

2016-06-01

Full Text Available The paper discloses the understanding of new reality (normality for Russia that consists in the strengthening of the role of a man-personality and in the expansion of the economic autonomy of the territories in their interaction with the federal center. The rationale is based on a hypothesis according to which in the conditions of new reality, the increase of the well-being of the population and the overcoming of economic inequality between the territories are provided by the expansion of their economic independence as it leads to the increase of their intellectual, engineering and manufacturing potential. In the research, the author used the basic concepts of the classical economic theory, the theory of behavioural economics, interdisciplinary approach and statistical grouping method. The dynamics of the economic independence of the territories, which is manifested in the decrease in a number of donor regions and the socio-economic dividing of the territories, is shown. The assumption is proved that the consequences of the territorial stratification are the restraining of the growth of their socio-economic development and possibility probable emergence of «regional peripheral economy» with the property of the dependence of the periphery on the center, the decrease in a local initiative, the inhibition of technological development. The need to use the social psychology of the population, the psychological sets of economic development, «the second invisible hand of the market» and soft power to overcome the «regional peripheral economy» is revealed. The result of the research is the proof that the expansion of the economic independence of the territories is not only the increase of the self-isolation of regions and municipalities, but also the need to save the considerable part of the income from the production of goods and services created by the local population under control of the regional and municipal authorities and direct it to the

From statistical bibliography to bibliometrics: development of a quantitative approach to the research of the written word

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Franjo Pehar

2010-07-01

Full Text Available The author’s intention in this paper is to inform the broader public of the historical development and major concepts of bibliometrics as an area of quantitative study of written communication, which today applies a set of modern methods and techniques of high-level statistical and mathematical formalization.Statistical and other quantitative concepts, models and methods have taken on increasing importance over the past decades and aroused the interest of researchers from disciplines in the humanities and social sciences to the study of various phenomena in their own fields of study by using nomotetic practices aimed at the general search for ideographic principles derived from individual cases. Different scientific fields have developed separate subdisciplines to try to quantify and measure the different variables of (nonmaterial world, for example the quantification of mental activities within psychometrics, feelings and interpersonal relationships in sociometrics, empirical evidence of economic principles in econometrics, the application of economic theories and techniques in the study of social and economic history in cliometrics, the quantitative study of sets of bibliographic records of human creativity within bibliometrics.

QUALITY OF NATIONAL ECONOMIC GROWTH: FACTORS AND DETERMINANTS

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Nikolaj I. Komkov

2015-01-01

Full Text Available The subject / topic: TThe theme of this article is very relevant in the light of changes in the global geo-economic structure and changing the role and place ofRussiain world economic and geopolitical relations. The article deals with the basic aspects of national economic growth, which slowed down in the last three years. The main reason for slowing national economic growth is associated with the depletion of the reserves of the traditional export-oriented development of the Russian economy, as well as problems with sluggish innovative transformation. In this paper, based on a systematic analysis of economic processes and the interpretation of analytical data, addresses the general theoretical and methodological aspects of the quality of economic development, as well as practical guidelines and recommendations related to sustainable national socio-economic development in the context of external constraints.The purpose / objectives: The aim of the article is to analyze the theoretical and methodological aspects of the quality of economic development of the Russian economy, which happened in the face of economic sanctions. Objectives of the article: justify practical directions and recommendations related to sustainable national socio-economic development in the context of external constraints, determine the prospects for the economy of theRussian Federationin the conditions of the introduction of sectoral sanctions by Western countries. Methodology:Methodological basis of this article are the comparative and economic-statistical methods of analysis.The Results: The study revealed that the harsh environment (sanctions, depreciation of the ruble, and others. Require surgical intervention and adjustments not only the current socio-economic plans, but also to take urgent measures to ensure the development prospects. The most important decision is the degree of support advanced scientific and technical programs and the creation of new domestic

Investment and Employment - Drivers of European Economic Development

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Cristina BURGHELEA

2017-04-01

Full Text Available The economic literature and related specialty practice, the development of the European Economic Community along with the factors determining them (such investments and staff represents a topic that is of great notoriety. This paper shows the role and influence that direct investment in the economy and employment ratio can propagate in the growth of gross domestic product per capita to ensure increased economic sustainability of countries in the European Community. The most important economic effects of FDI on the host economy can be represented by labor productivity growth through knowledge transfer (know-how technology, management skills and marketing term in countries emerging favor progress technological and economic growth. To determine this goal, in the context of economic logic, this research shows the importance of gross domestic product, total and per capita, as a macroeconomic indicator synthetic, and encouraging and using the action of factors that can also provide political steps, organizational and financial, achieving levels attesting social progress and prosperity. The study highlights a Custom Analysis on gross domestic product per capita, direct investment and the proportion of people employed in total for 24 European Union countries in 2014 and also develop an econometric model multifactorial based on system statistics. Research shows utility in making decisions about investment growth in the European Community by attracting a workforce that is in full compliance with state investment policies and by providing a high living standard.

Statistical Approaches Used to Assess the Equity of Access to Food Outlets: A Systematic Review.

Science.gov (United States)

Lamb, Karen E; Thornton, Lukar E; Cerin, Ester; Ball, Kylie

2015-01-01

Inequalities in eating behaviours are often linked to the types of food retailers accessible in neighbourhood environments. Numerous studies have aimed to identify if access to healthy and unhealthy food retailers is socioeconomically patterned across neighbourhoods, and thus a potential risk factor for dietary inequalities. Existing reviews have examined differences between methodologies, particularly focussing on neighbourhood and food outlet access measure definitions. However, no review has informatively discussed the suitability of the statistical methodologies employed; a key issue determining the validity of study findings. Our aim was to examine the suitability of statistical approaches adopted in these analyses. Searches were conducted for articles published from 2000-2014. Eligible studies included objective measures of the neighbourhood food environment and neighbourhood-level socio-economic status, with a statistical analysis of the association between food outlet access and socio-economic status. Fifty-four papers were included. Outlet accessibility was typically defined as the distance to the nearest outlet from the neighbourhood centroid, or as the number of food outlets within a neighbourhood (or buffer). To assess if these measures were linked to neighbourhood disadvantage, common statistical methods included ANOVA, correlation, and Poisson or negative binomial regression. Although all studies involved spatial data, few considered spatial analysis techniques or spatial autocorrelation. With advances in GIS software, sophisticated measures of neighbourhood outlet accessibility can be considered. However, approaches to statistical analysis often appear less sophisticated. Care should be taken to consider assumptions underlying the analysis and the possibility of spatially correlated residuals which could affect the results.

Statistical Approaches Used to Assess the Equity of Access to Food Outlets: A Systematic Review

Directory of Open Access Journals (Sweden)

Karen E. Lamb

2015-07-01

Full Text Available BackgroundInequalities in eating behaviours are often linked to the types of food retailers accessible in neighbourhood environments. Numerous studies have aimed to identify if access to healthy and unhealthy food retailers is socioeconomically patterned across neighbourhoods, and thus a potential risk factor for dietary inequalities. Existing reviews have examined differences between methodologies, particularly focussing on neighbourhood and food outlet access measure definitions. However, no review has informatively discussed the suitability of the statistical methodologies employed; a key issue determining the validity of study findings. Our aim was to examine the suitability of statistical approaches adopted in these analyses.MethodsSearches were conducted for articles published from 2000-2014. Eligible studies included objective measures of the neighbourhood food environment and neighbourhood-level socio-economic status, with a statistical analysis of the association between food outlet access and socio-economic status.ResultsFifty-four papers were included. Outlet accessibility was typically defined as the distance to the nearest outlet from the neighbourhood centroid, or as the number of food outlets within a neighbourhood (or buffer. To assess if these measures were linked to neighbourhood disadvantage, common statistical methods included ANOVA, correlation, and Poisson or negative binomial regression. Although all studies involved spatial data, few considered spatial analysis techniques or spatial autocorrelation.ConclusionsWith advances in GIS software, sophisticated measures of neighbourhood outlet accessibility can be considered. However, approaches to statistical analysis often appear less sophisticated. Care should be taken to consider assumptions underlying the analysis and the possibility of spatially correlated residuals which could affect the results.

75 FR 56058 - Establishment of the Federal Economic Statistics Advisory Committee and Intention To Recruit New...

Science.gov (United States)

2010-09-15

... interest in connection with the performance of duties imposed on the Department by law. The Committee will.... Census Bureau (Census), and the Commissioner of the Department of Labor's Bureau of Labor Statistics (BLS...

An evaluation of technical and economic capacity of farmers of Rural Production Cooperatives. Case Study: Neishabour

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Maryam Hadizadeh Bazaz

2017-01-01

Full Text Available The main objective of this article is to investigate the impact of cooperatives on the technical and economical empowering of farmers and agricultural development in the villages of Neishabour. The method of this research is analytical – descriptive and it has been carried out in 2013.  The statistical society is composed of 4685 members and non-members of cooperatives in twenty villages of Neishabour. The sample size via the Cochran formula and stratified sampling technique has been calculated to be 252.  Data collection has been performed through documentation and field study. For data analysis, the SPSS software package and the T-Student Test have been employed. The results of statistical analysis based on 13 economic indicators revealed that the average economic stability of the members is 2.64 which is slightly higher than 2.47; that is the average economic stability of non-members. Independent samples T-Test results between members and non-members revealed that the probability value is 0.004 which indicates that there exists a significant difference between average economic stability of members and non-members. The T-Test results with hypothetical mean of 3 and 4 showed that the majority of indicators are less than the average. Therefore, the impact of cooperatives in economic development is evaluated to be below the average limit and cooperatives could not play an important role in increasing the economic empowerment of farmers.

Indonesia's cultural economy: an economic geography using two secondary data sources

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Chris Gibson

2013-07-01

Full Text Available Economic geographers have become increasingly interested in the importance of the 'cultural economy' to cities and regions, but rarely have results been sought or discussed for Southeast Asia or nations in the developing world. This article responds to this lacuna by charting an economic geography of cultural production in Indonesia, examining two sources ofpublicly available data: the United Nations Statistics Division's COMTRADE database of trade statistics, and DISb2b Indonesia (a commercial database of business location details in Indonesia. Results are discussed for the period 1996- 2002, for which reliable data are available. While both sources are limited (and such limitations are discussed here, they provide enough insight for some conclusions about the character of 1ndonesia's cultural economy to emerge. In contrast to studies of cultural economy in overseas contexts, Indonesia's culture-related exports are dominated by emphasis on hardware and manufacturing output, rather than intellectual property or 'symbolic' content. In keeping with overseas examples though, the geography oflndonesiak cultural economy displays high levels of metropolitan primacy. Results suggest that theories of cultural economies must be re-shaped to include consideration of regional and international flows, in addition to locally-unique class, cultural and economic dynamics in particular cities and regions.

The United Nations recommendations and data efforts: international migration statistics.

Science.gov (United States)

Simmons, A B

1987-01-01

This article reviews the UN's efforts to improve international migration statistics. The review addresses the challenges faced by the UN, the direction in which this effort is going, gaps in the current approach, and priorities for future action. The content of the UN recommendations has changed in the past and seems to be moving toward further changes. At each stage, the direction of change corresponds broadly to earlier shifts in the overall context of world social-economic affairs and related transformations in international travel and migration patterns. Early (1953) objectives were vaguely stated in terms of social, economic, and demographic impacts of long term settlement. 1976 recommendations continued the focus on long term resettlement and, at the same time, gave more attention to at least 1 kind of short term (work-related) movement. Most recent recommendations have given more attention to other classes of short term travellers, such as refugees and contract workers. Recommendations on the measures and data sources have changed over time, also. The 1953 recommendations were limited to flow data from international border statistics. 1976 recommendations drew attention to stock data and the use of civil registration data to supplement border crossing data. Recent UN reflections recognize that the volume of border crossings has now reached the point where many countries simply refuse to gather data on all travellers, choosing instead to make estimates. It is implied that either sample surveys at border points and/or visas and entry permits may be the best way of counting various specific kinds of migrants. Future recommendations corresponding to contemporary and emerging concerns will require that the guidelines be restructured: 1) to give more explicit attention in international migration statistics to citizenship and access to political and welfare benefits; 2) to distinguish more carefully various sub-classes of movers; 3) to expand objectives of data

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...

THE STATE OF CREATIVE ECONOMICS IN CHUVASHIA

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Marina Sergeevna Ukolova

2013-11-01

Full Text Available The main condition of developing of «economics of science» is now represented by creative industries, that synthesize creative and business activities. Advertisement, architecture, design, fashion, software development, cinema and videogame industry and many others are considered as creative industries. They characterized by innovations, humanitarian orientation and digital distribution channels. In Eastern countries the role of creative economics as social, cultural, geological and economic factor is understood well, but in Russia we only find the beginning of study this question. This work is not exception.The purpose of this article is to represent the common state of creative economics in Chuvash Republic.Methodology of this paper – elements of specific cart analyzing method (BOP Consulting, based on statistic data about activity of creative branches in Chuvash Republic in 2009 – 2011 years.Results: Creative industries plays important role in regional economics structure: make region more investement attractive, create new workplaces, contribute to upgrade living standards, forming cultural diversity and positive image of republic. By the way it cannot be said about wide development of creative industries in Chuvashia: their percentage is too small; out-turn and salary is low, their product is not demanded by the community. The reasons lie in specific for each branch and common reasons. As common reasons we can point: from consumers – community does not have free resources for buying creative product, conservativity, low level of education; from creative leaders and companies – low professional qualification, bad mobility, orientation on a secondary creative activity; from creative space – creative institutional infrastructure is not developed enough.Practical implications: results can be used by academic community in studies of creative economics in other regions; applied in developing cultural politics and economic planning in

Statistics

CERN Document Server

Hayslett, H T

1991-01-01

Statistics covers the basic principles of Statistics. The book starts by tackling the importance and the two kinds of statistics; the presentation of sample data; the definition, illustration and explanation of several measures of location; and the measures of variation. The text then discusses elementary probability, the normal distribution and the normal approximation to the binomial. Testing of statistical hypotheses and tests of hypotheses about the theoretical proportion of successes in a binomial population and about the theoretical mean of a normal population are explained. The text the

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...

Statistical aspects and risks of human-caused earthquakes

Science.gov (United States)

Klose, C. D.

2013-12-01

The seismological community invests ample human capital and financial resources to research and predict risks associated with earthquakes. Industries such as the insurance and re-insurance sector are equally interested in using probabilistic risk models developed by the scientific community to transfer risks. These models are used to predict expected losses due to naturally occurring earthquakes. But what about the risks associated with human-caused earthquakes? Such risk models are largely absent from both industry and academic discourse. In countries around the world, informed citizens are becoming increasingly aware and concerned that this economic bias is not sustainable for long-term economic growth, environmental and human security. Ultimately, citizens look to their government officials to hold industry accountable. In the Netherlands, for example, the hydrocarbon industry is held accountable for causing earthquakes near Groningen. In Switzerland, geothermal power plants were shut down or suspended because they caused earthquakes in canton Basel and St. Gallen. The public and the private non-extractive industry needs access to information about earthquake risks in connection with sub/urban geoengineeing activities, including natural gas production through fracking, geothermal energy production, carbon sequestration, mining and water irrigation. This presentation illuminates statistical aspects of human-caused earthquakes with respect to different geologic environments. Statistical findings are based on the first catalog of human-caused earthquakes (in Klose 2013). Findings are discussed which include the odds to die during a medium-size earthquake that is set off by geomechanical pollution. Any kind of geoengineering activity causes this type of pollution and increases the likelihood of triggering nearby faults to rupture.

Short-run and Current Analysis Model in Statistics

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Constantin Anghelache

2006-01-01

Full Text Available Using the short-run statistic indicators is a compulsory requirement implied in the current analysis. Therefore, there is a system of EUROSTAT indicators on short run which has been set up in this respect, being recommended for utilization by the member-countries. On the basis of these indicators, there are regular, usually monthly, analysis being achieved in respect of: the production dynamic determination; the evaluation of the short-run investment volume; the development of the turnover; the wage evolution: the employment; the price indexes and the consumer price index (inflation; the volume of exports and imports and the extent to which the imports are covered by the exports and the sold of trade balance. The EUROSTAT system of indicators of conjuncture is conceived as an open system, so that it can be, at any moment extended or restricted, allowing indicators to be amended or even removed, depending on the domestic users requirements as well as on the specific requirements of the harmonization and integration. For the short-run analysis, there is also the World Bank system of indicators of conjuncture, which is utilized, relying on the data sources offered by the World Bank, The World Institute for Resources or other international organizations statistics. The system comprises indicators of the social and economic development and focuses on the indicators for the following three fields: human resources, environment and economic performances. At the end of the paper, there is a case study on the situation of Romania, for which we used all these indicators.

Short-run and Current Analysis Model in Statistics

Directory of Open Access Journals (Sweden)

Constantin Mitrut

2006-03-01

Full Text Available Using the short-run statistic indicators is a compulsory requirement implied in the current analysis. Therefore, there is a system of EUROSTAT indicators on short run which has been set up in this respect, being recommended for utilization by the member-countries. On the basis of these indicators, there are regular, usually monthly, analysis being achieved in respect of: the production dynamic determination; the evaluation of the short-run investment volume; the development of the turnover; the wage evolution: the employment; the price indexes and the consumer price index (inflation; the volume of exports and imports and the extent to which the imports are covered by the exports and the sold of trade balance. The EUROSTAT system of indicators of conjuncture is conceived as an open system, so that it can be, at any moment extended or restricted, allowing indicators to be amended or even removed, depending on the domestic users requirements as well as on the specific requirements of the harmonization and integration. For the short-run analysis, there is also the World Bank system of indicators of conjuncture, which is utilized, relying on the data sources offered by the World Bank, The World Institute for Resources or other international organizations statistics. The system comprises indicators of the social and economic development and focuses on the indicators for the following three fields: human resources, environment and economic performances. At the end of the paper, there is a case study on the situation of Romania, for which we used all these indicators.

Statistical and RBF NN models : providing forecasts and risk assessment

OpenAIRE

Marček, Milan

2009-01-01

Forecast accuracy of economic and financial processes is a popular measure for quantifying the risk in decision making. In this paper, we develop forecasting models based on statistical (stochastic) methods, sometimes called hard computing, and on a soft method using granular computing. We consider the accuracy of forecasting models as a measure for risk evaluation. It is found that the risk estimation process based on soft methods is simplified and less critical to the question w...

Collaboration in Local Economic Development: The Case of Toledo

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Neil Reid

2012-01-01

Full Text Available Many American communities place a high priority on retaining and attracting innovative industries. However, in most American metropolitan areas, the responsibility for local economic development is fragmented along jurisdictional and institutional lines. The result of this fragmentation is that local economic development is often chaotic with no one individual, agency, or jurisdiction in control, which may inhibit the effectiveness of local economic development efforts. To address these challenges and more effectively utilize resources, there has been greater emphasis recently on regional collaboration in local economic development. The purpose of this paper is to measure the extent of collaboration among local economic development professionals in the Toledo, Ohio Metropolitan Statistical Area and to identify the extent to which these interactions constitute a social network. We believe that the existence of a strong social network among economic development professionals is critical to overcome some of the negative effects of jurisdictional and institutional fragmentation. While there is a core network of relatively dense collaboration in northwest Ohio, that network does not span the entire metropolitan area. A high level of local interactions occurs, but there are few “global pipelines” outside the region. A potential challenge for economic development in the region is to avoid “lock in”, which will make it more difficult to attract innovative industries or diversify the economy in order to decrease the traditional dependence on the auto industry.

The Structural Reforms of the Chinese Statistical System Die Strukturreformen des chinesischen Statistiksystems

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Günter Moser

2009-04-01

Full Text Available The quality of statistical data covering the economic and social development of the People’s Republic of China has been questioned by international and national data users for years. The reasons for this doubt lie mainly in the structure of the Chinese system of statistics. Two parallel systems exist which operate largely autonomously: the national system of statistics and the sectoral system of statistics. In the area of the national statistical system, the National Bureau of Statistics (NBS has the authority to order and collect statistics. This competence lies with the ministries and authorities below the ministerial level. This article describes and analyses these structures, the resulting problems, and the reform measures taken to date. It also aims to provide a better understanding of the statistical data about the People’s Republic of China and to enable an assessment of them within a changing structural context. In conclusion, approaches to further reforms will be provided based on the author’s long-standing experience in cooperation projects with the official Chinese statistics agencies. Die Qualität der Statistiken zur ökonomischen und sozialen Entwicklung in der Volksrepublik China ist in letzter Zeit sowohl von ausländischen wie auch von einheimischen Nutzern der Daten in Frage gestellt worden. Die Gründe dafür liegen vor allem in der Struktur des Erhebungssystems in China.

The Results and Analysis of a National Survey of Agricultural Economics Departmental Libraries

OpenAIRE

Seale, Colleen

1989-01-01

In order for agricultural economists to perform their work and research effectively, it is necessary that they have adequate reference materials, book, journals, documents, and statistical series readily accessible to them. The service of providing these reference and statistical materials to agricultural economists in an academic environment is generally provided by one of two means, through an agricultural economics reference room or through the services of the library system on campus. The...

ECOLOGICAL ECONOMICS VS ECONOMIC(AL ECOLOGY

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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.

Parametric statistical change point analysis

CERN Document Server

Chen, Jie

2000-01-01

This work is an in-depth study of the change point problem from a general point of view and a further examination of change point analysis of the most commonly used statistical models Change point problems are encountered in such disciplines as economics, finance, medicine, psychology, signal processing, and geology, to mention only several The exposition is clear and systematic, with a great deal of introductory material included Different models are presented in each chapter, including gamma and exponential models, rarely examined thus far in the literature Other models covered in detail are the multivariate normal, univariate normal, regression, and discrete models Extensive examples throughout the text emphasize key concepts and different methodologies are used, namely the likelihood ratio criterion, and the Bayesian and information criterion approaches A comprehensive bibliography and two indices complete the study

The effect of female labour force in economic growth and sustainability in transition economies - case study for SEE countries

Directory of Open Access Journals (Sweden)

Majlinda Mazalliu

2015-07-01

Full Text Available In this research paper, the main theoretical arguments for discussions are as following: female labour force participation in transition countries, female employment in economic sectors and their main barriers, and the contributions of female labour force in economic growth. In methodology, the secondary data are used, and they are calculated through STATA program. The main analysis include: descriptive statistic, regression analysis and correlation matrix. Based on empirical results, the regression analysis has found that economic growth and government effectiveness has a negative impact on female labour force. Financial market development, enterprises reforms, and innovation have a positive impact on female labour force in SEE (South Eastern European countries. In T-statistic analysis all independent variables have shown a negative significance (T <2 on female labour force. In correlation, economic growth and financial development market have negative correlation on female labour force, but other variables have shown positive correlation. SEE countries should develop the female labour force in their economies, so their role may be crucial toward different economic problems and challenges in the modern economy.

Economic crisis in Asia and Middle Eastern economy; Ajia keizai kiki to chuto keizai

Energy Technology Data Exchange (ETDEWEB)

Ishinoda, Toru

1999-02-01

Economic crisis in Asia and its influences on Middle Eastern economy are explained based on statistics. In Asian countries domestic energy demand has increased rapidly with recent high rate of economic growth for a background. Crisis on currency and finance originated in Thailand in the second half of 1997 has spread to neighboring countries of Malaysia, Indonesia, Philippine and Republic of Korea, then economic depression and confusion has propagated all over Asia, and decrease in oil demands has caused sudden drop of oil price, which has an important effect upon economy of oil producing countries of Middle East. Drastic decrease in oil and gas income has resulted in downward modification of budget, cut down of expenditure and reexamination of investment projects, including suspension. Statistical data were shown on trades with Asian countries, effects of sudden drop in oil price in Iran and Saudi arabia and its deficit in finance. Recovery of Asian economy being slow, sharp increase in demand for oil and turn over of oil price can't be expected, and it seems that oil producing countries, who have economic structure of depending much on export of oil products such as crude oil, petroleum products and natural gas, will stay in distress for the time being. (NEDO)

Swiss electricity statistics 2001

International Nuclear Information System (INIS)

2002-01-01

This publication by the Association of Swiss Electricity Enterprises for the Swiss Federal Office of Energy (SFOE) provides statistical information on electricity production, trading and consumption in Switzerland in 2001. Apart from a general overview of the Swiss electricity supply that includes details on power generation, energy transfer with neighbouring countries and data on prices, average consumption and capital investment, the publication also includes graphical representations of electrical energy flows in and out of Switzerland. Tables of data give information on electricity production, import and export for the years 1950 to 2001, the data being supplied for each hydrological year and the summer and winter seasons respectively. The production of power in Switzerland is examined in detail. Details are given on the development of production capacities and the various means of production together with their respective shares of total production. Further tables and diagrams provide information on power production in various geographical regions and on the management of pumped storage hydro-electricity schemes. A further chapter deals in detail with the consumption of electricity, its growth between 1984 and 2001 and its use in various sectors. A fifth chapter examines electricity consumption, generation, import and export on single, typical days, presenting data in tables and diagrams. The next chapter examines energy transfer with foreign countries and the trading structures involved. The final two chapters cover new and future power generation capacities and the economic considerations involved in the supply of electricity chapters cover new and future power generation capacities and the economic considerations involved in the supply of electricity

Economic literacy amongst the secondary school teachers in Perak Malaysia

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Nek Kamal Yeop Yunus, Norasibah Abdul Jalil

2011-01-01

Full Text Available The aim of the study is to determine the relationship between economics education exposure, saving, expenditure, investment and economics literacy amongst teachers in secondary schools in Perak. The theoretical framework was designed based on the literature and hence five hypotheses for the study were formulated. The samples were selected by quota sampling methods. The data were collected by distributing structured 35 items questionnaires to 100 teachers in secondary schools in eight districts in Perak. The instrument was adapted form Leader Behaviour Description Questionnaires which were used to measure economic literacy. Only 60 questionnaires were returned and analysed which gave 60% respond rate. Data collected were sorted out and keyed in into SPSS version 17. The data were analysed using descriptive and inferential statistics to answer the research questions. The result of the analyses showed that there was significant relationship between economics education and its predictors. Together the independent variables explained 81.7% of the variance in the dependent variables. The remaining 18.3% was due to unidentified variables. In relation to that, the study had contributed some knowledge about the understanding of economic of literacy. For future research, it is recommended that other than the above variables might influence economic literacy perhaps with a bigger samples and wider scope.

Application of the Method of Statistical Equations of Dependences to Assess the Dynamics of Regional Human Development Index for Khmelnytsk Region

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R. О.

2017-12-01

Full Text Available A statistical approach to assessment of the factor values required to have necessary (planned, predicted levels of a resulting indicator achieved, including for purposes of regional socio-economic programs, is developed, by applying the method of statistical equations of dependences. The main problems that can be solved by use of the method of statistical equations of dependences are: direct and inverse problem; computing the factors’ contributions in the resulting indicator; constructing graphs of multiple relation and computing the shares of influence (the weights of selected factors; analysis of functional and correlation dependences, etc. The developed approach is used to assess the dynamics of Regional Human Development Index (RHDI for Khmelnytsk region (Ukraine and its constituent factors, in 2011–2015. The computations show that the factors with the largest contribution in RHDI of Khmelnytsk region are as follows: “number of minimal food baskets that can be purchased for average per capita income in the region” (62.91%, “housing in cities (square area per person” (20.27%, and “total birth rate” (5.33%. The contributions of factors like “planned capacity of ambulatories and policlinics per 10 thousand population” or “coverage of children in school age by secondary education” range from 5.26 to 0.14%. It is concluded that the proposed approach to the application of the method of statistical equations of dependences for modeling of factor and resulting indicators contributing to human development parameters at regional level can be used for assessments at sectoral level, with modifying the nomenclature of indicators measuring the socio-economic development and the financial and economic performance of business entities in an economic sector.

Energy and economic development in Lithuania and neighbouring countries

International Nuclear Information System (INIS)

Jankauskas, V.; Shtremeikiene, D.

1995-01-01

In Lithuania as also in neighbouring countries (Poland, Latvia, Belarus, Russia) economic reforms are going on. All these countries, better or worse, slower or quicker, are restructuring their economies from centrally planned into market based ones. The neighbouring countries also are the main Lithuania's trading partners, and Russia is a sole supplier of crude oil and natural gas. This article deals with the analysis of the latest economic development in Lithuania and in neighbouring countries, as well as with it impact on the development of the Lithuanian energy sector. The analysis is based on the statistical data of the last few years and on some projections of future development. (author). 12 refs., 7 tabs., 21 figs

Statistical physics of media processes: Mediaphysics

Science.gov (United States)

Kuznetsov, Dmitri V.; Mandel, Igor

2007-04-01

The processes of mass communications in complicated social or sociobiological systems such as marketing, economics, politics, animal populations, etc. as a subject for the special scientific subbranch-“mediaphysics”-are considered in its relation with sociophysics. A new statistical physics approach to analyze these phenomena is proposed. A keystone of the approach is an analysis of population distribution between two or many alternatives: brands, political affiliations, or opinions. Relative distances between a state of a “person's mind” and the alternatives are measures of propensity to buy (to affiliate, or to have a certain opinion). The distribution of population by those relative distances is time dependent and affected by external (economic, social, marketing, natural) and internal (influential propagation of opinions, “word of mouth”, etc.) factors, considered as fields. Specifically, the interaction and opinion-influence field can be generalized to incorporate important elements of Ising-spin-based sociophysical models and kinetic-equation ones. The distributions were described by a Schrödinger-type equation in terms of Green's functions. The developed approach has been applied to a real mass-media efficiency problem for a large company and generally demonstrated very good results despite low initial correlations of factors and the target variable.

Exploring spatial evolution of economic clusters: A case study of Beijing

Science.gov (United States)

Yang, Zhenshan; Sliuzas, Richard; Cai, Jianming; Ottens, Henk F. L.

2012-10-01

An identification of economic clusters and analysing their changing spatial patterns is important for understanding urban economic space dynamics. Previous studies, however, suffer from limitations as a consequence of using fixed geographically areas and not combining functional and spatial dynamics. The paper presents an approach, based on local spatial statistics and the case of Beijing to understand the spatial clustering of industries that are functionally interconnected by common or complementary patterns of demand or supply relations. Using register data of business establishments, it identifies economic clusters and analyses their pattern based on postcodes at different time slices during the period 1983-2002. The study shows how the advanced services occupy the urban centre and key sub centres. The Information and Communication Technology (ICT) cluster is mainly concentrated in the north part of the city and circles the urban centre, and the main manufacturing clusters are evolved in the key sub centers. This type of outcomes improves understanding of urban-economic dynamics, which can support spatial and economic planning.

Impact of Migration upon a Receiving Country’s Economic Development

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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.

Learning Styles Preferences of Statistics Students: A Study in the Faculty of Business and Economics at the UAE University

Science.gov (United States)

Yousef, Darwish Abdulrahman

2016-01-01

Purpose: Although there are many studies addressing the learning styles of business students as well as students of other disciplines, there are few studies which address the learning style preferences of statistics students. The purpose of this study is to explore the learning style preferences of statistics students at a United Arab Emirates…

Clustering applications in financial and economic analysis of the crop production in the Russian regions

Directory of Open Access Journals (Sweden)

Gromov Vladislav Vladimirovich

2013-08-01

Full Text Available We used the complex mathematical modeling, multivariate statistical-analysis, fuzzy sets to analyze the financial and economic state of the crop production in Russian regions. We developed a system of indicators, detecting the state agricultural sector in the region, based on the results of correlation, factor, cluster analysis and statistics of the Federal State Statistics Service. We performed clustering analyses to divide regions of Russia on selected factors into five groups. A qualitative and quantitative characteristics of each cluster was received.

Economic instruments and the environmental accounts

International Nuclear Information System (INIS)

Palm, Viveka; Larsson, Maja

2007-01-01

The Nordic countries have now had experience with environmental taxes and subsidies as a major component of their environmental policy over an extensive period of time. The Swedish System of Environmental and Economic Accounts (SEEA) include environmental taxes and subsidies as part of the official statistics. This article presents the accounts for taxes and subsidies, linked to the accounts for emissions data by industry. It demonstrates disparities between emissions and environmental taxes, as well as where industries or environmental problems are not regulated. The data show that in Sweden economic instruments are always aimed at particular actors or areas, and are never quite as comprehensive as recommended by economic theory. The environmental taxes are primarily aimed at fossil fuel use and related emissions, and have been mostly applied to the household sector and services sector, while industry often has been given exemptions due to concerns about international competition. The environmentally motivated subsidies are mainly directed to agriculture, fishing and research on renewable resources. A fully developed international data set on taxes and subsidies would provide a sound base for comparing the impact on international competitiveness. Eurostat is promoting the use of environmental accounts data for its member countries by harmonizing methods and engaging in publication of international comparisons. (author)

Harmonic statistics

International Nuclear Information System (INIS)

Eliazar, Iddo

2017-01-01

The exponential, the normal, and the Poisson statistical laws are of major importance due to their universality. Harmonic statistics are as universal as the three aforementioned laws, but yet they fall short in their ‘public relations’ for the following reason: the full scope of harmonic statistics cannot be described in terms of a statistical law. In this paper we describe harmonic statistics, in their full scope, via an object termed harmonic Poisson process: a Poisson process, over the positive half-line, with a harmonic intensity. The paper reviews the harmonic Poisson process, investigates its properties, and presents the connections of this object to an assortment of topics: uniform statistics, scale invariance, random multiplicative perturbations, Pareto and inverse-Pareto statistics, exponential growth and exponential decay, power-law renormalization, convergence and domains of attraction, the Langevin equation, diffusions, Benford’s law, and 1/f noise. - Highlights: • Harmonic statistics are described and reviewed in detail. • Connections to various statistical laws are established. • Connections to perturbation, renormalization and dynamics are established.

Harmonic statistics

Energy Technology Data Exchange (ETDEWEB)

Eliazar, Iddo, E-mail: eliazar@post.tau.ac.il

2017-05-15

The exponential, the normal, and the Poisson statistical laws are of major importance due to their universality. Harmonic statistics are as universal as the three aforementioned laws, but yet they fall short in their ‘public relations’ for the following reason: the full scope of harmonic statistics cannot be described in terms of a statistical law. In this paper we describe harmonic statistics, in their full scope, via an object termed harmonic Poisson process: a Poisson process, over the positive half-line, with a harmonic intensity. The paper reviews the harmonic Poisson process, investigates its properties, and presents the connections of this object to an assortment of topics: uniform statistics, scale invariance, random multiplicative perturbations, Pareto and inverse-Pareto statistics, exponential growth and exponential decay, power-law renormalization, convergence and domains of attraction, the Langevin equation, diffusions, Benford’s law, and 1/f noise. - Highlights: • Harmonic statistics are described and reviewed in detail. • Connections to various statistical laws are established. • Connections to perturbation, renormalization and dynamics are established.

A spatial scan statistic for nonisotropic two-level risk cluster.

Science.gov (United States)

Li, Xiao-Zhou; Wang, Jin-Feng; Yang, Wei-Zhong; Li, Zhong-Jie; Lai, Sheng-Jie

2012-01-30

Spatial scan statistic methods are commonly used for geographical disease surveillance and cluster detection. The standard spatial scan statistic does not model any variability in the underlying risks of subregions belonging to a detected cluster. For a multilevel risk cluster, the isotonic spatial scan statistic could model a centralized high-risk kernel in the cluster. Because variations in disease risks are anisotropic owing to different social, economical, or transport factors, the real high-risk kernel will not necessarily take the central place in a whole cluster area. We propose a spatial scan statistic for a nonisotropic two-level risk cluster, which could be used to detect a whole cluster and a noncentralized high-risk kernel within the cluster simultaneously. The performance of the three methods was evaluated through an intensive simulation study. Our proposed nonisotropic two-level method showed better power and geographical precision with two-level risk cluster scenarios, especially for a noncentralized high-risk kernel. Our proposed method is illustrated using the hand-foot-mouth disease data in Pingdu City, Shandong, China in May 2009, compared with two other methods. In this practical study, the nonisotropic two-level method is the only way to precisely detect a high-risk area in a detected whole cluster. Copyright © 2011 John Wiley & Sons, Ltd.

Concepts and recent advances in generalized information measures and statistics

CERN Document Server

Kowalski, Andres M

2013-01-01

Since the introduction of the information measure widely known as Shannon entropy, quantifiers based on information theory and concepts such as entropic forms and statistical complexities have proven to be useful in diverse scientific research fields. This book contains introductory tutorials suitable for the general reader, together with chapters dedicated to the basic concepts of the most frequently employed information measures or quantifiers and their recent applications to different areas, including physics, biology, medicine, economics, communication and social sciences. As these quantif

Statistical mechanics for a class of quantum statistics

International Nuclear Information System (INIS)

Isakov, S.B.

1994-01-01

Generalized statistical distributions for identical particles are introduced for the case where filling a single-particle quantum state by particles depends on filling states of different momenta. The system of one-dimensional bosons with a two-body potential that can be solved by means of the thermodynamic Bethe ansatz is shown to be equivalent thermodynamically to a system of free particles obeying statistical distributions of the above class. The quantum statistics arising in this way are completely determined by the two-particle scattering phases of the corresponding interacting systems. An equation determining the statistical distributions for these statistics is derived

THE IMPACT OF THE UNEMPLOYMENT RATE ON THE INSURANCE DEVELOPMENT IN ROMANIA. STATISTICAL APPROACHES

Directory of Open Access Journals (Sweden)

CRISTEA MIRELA

2016-12-01

Full Text Available A significant component of a developed economy, insurance holds a prominent role in European countries, its own contribution being noticed in the GDP of every country. The involvements of unemployment on the insurance market size have been reviewed in numerous specialized papers internationally. Based on these results, but also on the fact that in Romania there have not been measured such statistical correlations showing to what extent the unemployment rate influences the main indicators in the insurance field, in this research we analyze the statistical correlation between results which reveal the dimension of the insurance market - the penetration degree and the insurance density - and the unemployment rate. To perform the analysis, we apply statistical methods, for the period 1997-2015. The results are analysed in the context of the relevant international statistics, as well as reported to the Romanian general economic framework.

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.

Oil and gas journal energy database's energy statistics sourcebook, 5th edition

International Nuclear Information System (INIS)

Anon.

1990-01-01

The book is a library of energy industry data in a single volume. It's the fastest way to get the information you need to analyze your market, make intelligent and informed decisions, develop various economic scenarios and prepare crucial business plans. And it's researched by energy professionals who know how to save you time and money. International, national and state statistics in monthly and/or annual formats are detailed. Current through 1989, most tables show from 15 to 50 years of data. Key statistical indicators for analyzing energy industry trends have been compiled by industry divisions such as: Exploration and drilling, production, reserves, refining, stocks, demands/consumption, imports and exports, energy, financial, offshore and transportation

Ukrainian defense industry under economic sanctions is within the Russia's interests

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Victor Andreyevich Mal’gin

2015-03-01

Full Text Available Objective to analyze a correlation between the Russian and the Ukrainian militaryindustrial complexes MIC as well as to determine possibilities for product substitution under economic sanctions. nbsp Methods analysis and synthesis statistical abstract logic methods. Results аn interdependence of Ukrainian and Russian militaryindustrial complexes is revealed the role of economic sanctions as one of the important instruments and twoedged instruments of foreign policy is shown the means of acceleration of development of defenseindustrial complex of Russia are proposed. Scientific novelty the article proves that the Ukrainian defenseindustrial complex under economic sanctions represents serious threat to Russian militaryindustrial complex. The most effective ways of substituting the Ukrainian defense production by the Russian production are determined. Practical value the proposed measures for substituting the Ukrainian military production by the Russian production will under economic sanctions contribute to Russia39s further strengthening of militaryindustrial complex and the enhancement of operational capability of its armed forces. nbsp

East-West European economic integration: Difficult to reach target

International Nuclear Information System (INIS)

D'Ermo, V.; Manca, S.

1993-01-01

The energy sector of Western Europe is now undergoing a slow growth period due largely to the socio-economic upheavals of East and West German unification and the political-economic restructuring of the countries making up Eastern Europe and the former Soviet Union. This paper evidences this fact by tabling and commenting on 1991-1992 coal, petroleum, natural gas and electric power production/consumption/export statistical data representing energy sector activities in the former COMECON member countries. The poor performance of these countries can be attributed to the effects of energy market liberalization, the restructuring of utility assets, limited production capacities and inflation. It is estimated that the adjustment time to reach economic parity with Western nations will be long but that the waiting period could be shortened through the implementation of technology transfer and financial cooperation programs with the more prosperous countries capable of providing the investment capital and know-how needed for the restructuring of production systems and resource development

New Economic Geography: the Possibilities and Restrictions

Directory of Open Access Journals (Sweden)

Dmitry Alexandrovich Izotov

2013-09-01

Full Text Available The article analyzes scientific publications on the new economic geography (NEG relevance. On the basis of the publications array the author determined characteristic features of the simulation and the central idea of this research direction. Analysis showed that modeling in the terms of NEG is based on the approach of general equilibrium under monopolistic competition, endogenous factors and homogeneous space. The NEG central idea can be presented as follows: the increasing economy of scale is the main force for factors migration in homogeneous space. The theoretical studies analysis revealed that the development of NEG models is carried out by consideration of different options for the migration behavior of the agglomeration subjects and inclusion of theoretical constructs from adjacent areas, in particular, new economic growth theory and urban economics models. The article shows that empirical papers mainly test the NEG provisions in the terms of the model “core- periphery”. The extremely rare cases of testing other NEG models are apparently due to the absence of statistical data; the difficulty of obtaining reliable estimates of the elasticity of substitution of goods by different countries, regions and cities. Systematization of the scientific community criticism has allowed identifying the main problems of NEG: identification in the system of socio- economic researches, spatial characteristics ignoring, research object limitations, simplicity of the backgrounds, problems with empirical evidence. Further NEG development, according to experts, depends on obtaining of its specific place in the system of socio-economic researches or NEG may remain as one of the modeling approaches in the general equilibrium framework