The Impact of Real Exchange Rate on Employment in Albania

Directory of Open Access Journals (Sweden)

Edmira Cakrani

2015-10-01

Full Text Available Unemployment is a big economical and social issue for each country, in particular for Albania, which is a country that comes from a centralized system where the state ensured full employment. In the struggle of applying the transition to market economy, each government had to face the two-digit levels of unemployment. Because of this, the application of the right policies in order to decrease the level of unemployment has been in the centre of the program of each government in Albania. The objective of this paper is to show if the undervaluation or overvaluation of the real exchange rate can affect in a significant way the level of employment in Albania and that to answer the question, if the real exchange rate can be used as a political instrument for the reduction of the level of unemployment. There are relatively few works that study the impact of real exchange rate on the Albanian economy and in my knowledge there is not a previous work on employment and real exchange rate relationship in Albania, so this can be considered as the first study that attempt to assess this relationship. To evaluate the link between the real exchange rate and the level of employment the Johansen procedure and Vector Error Correction Term method is used. The result of the study demonstrates not statistically significant impact of real exchange rate on level of employment, suggesting that the increase of competition of the country through the real exchange rate doesn’t improve the condition of the employment in Albania, so the Albanian government should implement other strategies to increase the level of employment in the country.

The informal economy employment impacts of trade liberalization & increased competition in export markets

DEFF Research Database (Denmark)

Morocco and United States. The overall logic of such measures was that liberalization and privatization would stimulate trade, support the requested modernization of the production systems and infrastructures, and enhance public administrations and services as well. Positive impacts on income, employments...... and privatization processes were implemented at the international level by the WTO's, at regional level by the establishment of free trade agreements between individual states on the southern and eastern Mediterranean rim and the EU [under the Barcelona Process] and by bilateral agreements as the one signed between...... to focus on the impacts of restructuring in the formal textile and clothing sectors (TC) which is the major employer in three Maghrib countries: Algeria, Morocco and Tunisia. The textile and clothing sectors have been particularly exposed to increased competition in foreign and/or domestic markets...

Knowledge Externalities, Agglomeration Economies, and Employment Growth in Dutch Cities

NARCIS (Netherlands)

van Soest, D.P.; Gerking, S.D.; van Oort, F.G.

2002-01-01

This paper extends the work of Glaeser et al.(1992) by looking at effects of agglomeration economies on employment growth in Dutch city-industries and in very small (postal) zip code-industries in the Dutch province of South-Holland. At both levels of geographic detail, findings are broadly

Impacts of Emerging Economies and Firms on International Business

DEFF Research Database (Denmark)

The internationalization of emerging economies has brought new perspectives to international business development. Focusing on the extensive impact these emerging economies and firms have had, this volume covers the strong players, such as Brazil, Russia, India and China, as well as dynamically d...... originating from emerging economies. It explores new horizons in international business development and addresses challenging perspectives.......The internationalization of emerging economies has brought new perspectives to international business development. Focusing on the extensive impact these emerging economies and firms have had, this volume covers the strong players, such as Brazil, Russia, India and China, as well as dynamically...

Effects of a transition to a hydrogen economy on employment in the United States Report to Congress

Energy Technology Data Exchange (ETDEWEB)

None, None

2008-07-01

DOE's Effects of a Transition to a Hydrogen Economy on Employment in the United States Report to Congress estimates the employment effects of a transformation of the U.S. economy to the use of hydrogen in the 2020 to 2050 timeframe. This report fulfills requirements of section 1820 of the Energy Policy Act of 2005.

Digital Nomads: Employment in the Online Gig Economy

Directory of Open Access Journals (Sweden)

Beverly Yuen Thompson

2018-06-01

Full Text Available In 1997, Tsugio Makimoto and David Manners published their future-looking manifesto Digital Nomad that, decades later, would present as a manifesto for a lifestyle movement. At the time, businesses and the US government were interested in looking at tele-commuting, productivity, and work-family balance. Critiques of a neoliberal economy provide insight into understanding the context of freelance and online, piecemeal employment. This article examines the types of employment that digital nomads engage in, based on in-depth interviews with thirty-eight self-identified digital nomads. The participants mostly originate from wealthy, industrialized nations, and have many class privileges, but are underemployed compared to what their socio-economic status would historically suggest. As most participants are in the Millennial Generation, an overview of the shifting socio-economic status of this age-cohort is examined in the United States, United Kingdom, Australia, and the European Union – notably their high educational achievements and increasingly precarious employment status. Many of the nomads were working part-time with their own micro-business, with few able to maintain full-time employment. Few have benefits such as healthcare, retirement, unemployment insurance, or family leave. While “freedom” is touted as the benefit of gig-work, by both industry management and digital nomad enthusiasts, this lifestyle marks a shift towards precarious employment – itself not a basis for economic freedom, nor security.

Shares, gaps and the economy's response to oil disruptions

International Nuclear Information System (INIS)

Huntington, Hillard G.

2004-01-01

Most previous studies have focused on whether oil price shocks cause economic recessions but fewer studies have investigated whether the impact of an oil price shock can be different under alternative economic conditions. Using an international data set of industrialized economies, this paper explores whether an economy relying more on oil or operating closer to full employment may be more vulnerable to an oil disruption. Although the results for oil dependence are ambiguous, the analysis does find a significant relationship between the impacts of an oil shock and how closely the economy is operating to its full-employment level prior to the disruption. (Author)

Sectoral Economies, Economic Contexts, and Attitudes toward Immigration.

Science.gov (United States)

Dancygier, Rafaela M; Donnelly, Michael J

2013-01-01

Do economic considerations shape attitudes toward immigration? In this article, we consider the relationship between economic interests and immigration preferences by examining how developments in individuals' sectors of employment affect these views. Using survey data across European countries from 2002 to 2009 and employing new measures of industry-level exposure to immigration, we find that sectoral economies shape opinions about immigration. Individuals employed in growing sectors are more likely to support immigration than are those employed in shrinking sectors. Moreover, the economic context matters: Making use of the exogenous shock to national economies represented by the 2008 financial crisis, we show that sector-level inflows of immigrant workers have little effect on preferences when economies are expanding, but that they dampen support for immigration when economic conditions deteriorate and confidence in the economy declines. These sectoral effects remain even when controlling for natives' views about the impact of immigration on the national economy and culture. When evaluating immigration policy, individuals thus appear to take into account whether their sector of employment benefits economically from immigration.

Sectoral Economies, Economic Contexts, and Attitudes toward Immigration

Science.gov (United States)

Donnelly, Michael J.

2013-01-01

Do economic considerations shape attitudes toward immigration? In this article, we consider the relationship between economic interests and immigration preferences by examining how developments in individuals' sectors of employment affect these views. Using survey data across European countries from 2002 to 2009 and employing new measures of industry-level exposure to immigration, we find that sectoral economies shape opinions about immigration. Individuals employed in growing sectors are more likely to support immigration than are those employed in shrinking sectors. Moreover, the economic context matters: Making use of the exogenous shock to national economies represented by the 2008 financial crisis, we show that sector-level inflows of immigrant workers have little effect on preferences when economies are expanding, but that they dampen support for immigration when economic conditions deteriorate and confidence in the economy declines. These sectoral effects remain even when controlling for natives' views about the impact of immigration on the national economy and culture. When evaluating immigration policy, individuals thus appear to take into account whether their sector of employment benefits economically from immigration. PMID:24363457

RUSSIAN MULTINATIONALS IN ROMANIA AND THEIR IMPACT UPON THE ROMANIAN ECONOMY

Directory of Open Access Journals (Sweden)

CODRUŢA DURA

2012-01-01

Full Text Available Our paper provides an insight into the universe of Russian multinationals and their influence upon the Romanian economy. Even if statistical data on foreign direct investment stock by country of origin do not prove the existence of Russian capital in Romania, it is a fact that the high values of foreign direct investment stock from the Netherlands, Austria, Germany or Switzerland are largely due to the investment projects undertaken in Romania by Russian multinationals. Despite the lack of relevant statistical data, we can say that the impact of Russian MNC’s on the Romanian economy is huge. Among positive influences we can mention: global employment opportunities for highly qualified workforce in the region; the transfer of advanced technologies to Romanian enterprises and the local markets; the awareness of business partners and public opinion on social responsibility; the insert of higher performance standards, competitiveness and managerial ethics.

The Analysis of the Impact of Globalization on Employment in Ukraine

Directory of Open Access Journals (Sweden)

Gryshkin Vadym O.

2016-08-01

Full Text Available The aim of the article is analyzing the impact of globalization on employment in Ukraine and studying foreign experience in regulation of the labor market under conditions of globalization. The theoretical aspects of employment of population at the stage of market transformation of economy have been analyzed. The comprehensive analysis of the current state of employment in Ukraine has been conducted. The dynamics of the main indicators of employment of population and labor migration has been considered and analyzed. The shortcomings in the mechanism of employment regulation are revealed and measures to overcome them on the basis of the positive experience of developed countries are proposed. The necessity of adapting the foreign experience to the Ukrainian realities and the possibility of its use in the national territory is justified. The main tasks of the state policy on regulating the employment of Ukraine’s population under conditions of globalization are presented.

Impact of Globalization in Kosovo’s Economy

Directory of Open Access Journals (Sweden)

MSc. Nexhat Shkodra

2013-12-01

Full Text Available The economy in Kosovo continues to generate macroeconomic growth and solid stability, especially in fiscal and financial terms. Despite the increasing risks from the external sector, Kosovo’s economy has marked positive growth rates in 2012 also. Nevertheless, being an open economy, it has not been spared of the effects of the crisis faced direly by some of the most developed countries, and especially those in the Eurozone, which have shrinked the growth rate in comparison to previous years, despite it being positive. These risks mainly are reflected into the adverse impacts of the crisis on external demand for Kosovo products (along with an already low export rate, and by a lighter impact on migrant remittances, and a stronger impact on foreign direct investment. The decline in remittances has been smaller than forecasted, mainly because migration in Kosovo is of longer term in nature, and 70% of our migrants possess foreign citizenships. The banking sector has remained solid, with private sector deposits and loans continuing to increase in 2009 and 2010. There is still evidence though, that banks have become more prudent in extending loans, mainly due to the fact that bad loans are increasing at a slow pace. Adverse impacts of the global financial crisis have been compensated by an expansionist fiscal policy adopted by the Government, thereby ensuring medium growth rates.

The impact of oil price volatility on the future of the U.S. economy

International Nuclear Information System (INIS)

Boyd, Roy; Doroodian, K.; Thornton, Dennis

2000-01-01

This paper examines the impact of a foreign oil price shock on domestic energy markets as well as the U.S. economy as a whole. The analytical approach employed in the analysis consisted of a dynamic CGE model composed of eight production sectors, eight consumption sectors, three household categories classified by income, foreign sector, and the government. The results show that oil price shocks will have, as expected, a significantly positive effect on crude oil production. We also find that such price shocks negatively affect the refinery sector as input costs rise there. A decline in per-well productivity has the effect of dampening the rise in crude oil extraction and causing a further decline in refinery output. Economy-wide, the impact of a new series of oil price shocks is quite limited with overall welfare falling, but nowhere near the levels experienced in the 1970s and early 1980s. (Author)

Employment growth and regional development

DEFF Research Database (Denmark)

Eriksson, Rikard; Hansen, Høgni Kalsø; Winther, Lars

2017-01-01

This paper explores the potential drivers behind uneven regional development in the context of employment growth in Denmark and Sweden. In particular, we are interested in the roles of urbanization, industrial change and the rise of the new economy as manifested in the growth of the two economies...... in 2002–2007. The aim of this paper is, therefore, to analyse the impact of a number of key industrial sectors on regional employment growth in the two countries. The empirical analysis is based on longitudinal matched employer–employee data retrieved from official registers in each economy from 2002...... economies, we find that, although in general these economies react relatively similarly to changes, embarking on a narrower analysis of the individual sectors reveals marked national differences. This indicates that context matters in the analysis of regional economic dynamics in terms of structure, system...

New Forms of Employment and Working Time in the Service Economy

DEFF Research Database (Denmark)

Thaulow, Ivan; Boll, Joachim

in the sercvice sector. The need for enterprises to gain more flexibility comes through in two ways on the Danish labour market. First, it has made the weekly working hours more flexible than just ten years ago. Secondly, numeric flexibility on the Danish labour market is gained through a numer of new forms......The Study presented in this paper is part of the European project: New Forms of Employment and Working Time in the Servece Economy/NESY. The overalle objective of the project is to analyse the emergence and the effects of the new forms of employment, work organisation and working time patterns...... of employment such as time and task-limited work, temporary agency and freelance work. Illustrative Danish examples of time or task-limited employment, temporary work agencies or freelance work can, as expected be forund in the commercial and clerical sector. The same goes for parts of the expanding business...

The impact of migrants' remittances on the Egyptian economy.

Science.gov (United States)

Kandil, M; Metwally, M F

1990-06-01

"The main objective of this paper is to evaluate the impact of the large remittances made by Egyptian migrants to their home country on the Egyptian economy. In order to study this impact, we use the implications of the standard Keynesian model. We estimated the structural equations of the model using annual data for the Egyptian economy over the period from 1970 to 1984.... The results suggest that remittances have had a strong positive impact on GNP in Egypt." The authors note that remittances especially affect private consumption spending. Policy implications concerning labor migration are discussed. (SUMMARY IN FRE AND SPA) excerpt

The Impact of Tourism Sector Development in the Albanian Economy

Directory of Open Access Journals (Sweden)

Alba KRUJA

2012-06-01

Full Text Available Today tourism is viewed as one of the largest and dynamically developing sectors of external economic activities in the world. The development of tourism sector is associated with considerable volumes of foreign currency inflows, new employment opportunities, infrastructure development, and new management experiences. All of these together positively contribute to the social and economic development of the countries. Beside these there are also other effects of tourism which will be considered in this paper. The aim of the research is to examine the impact of tourism sector development on the country economy. The methods of research are: analysis and synthesis of the scientific literature discussing the positive and negative impacts of tourism sector on the social and economic development of the countries; the systematic statistical data analysis of the direct contribution of the sector on the GDP and employment of Albania as a country in its infancy of development, compared to other European countries in maturity. The statistical data used in this research is provided by INSTAT (Albanian Institute of Statistics, AKT (National Tourism Agency and TSA (Tourism Satellite Account, a methodology quantified by the UN Statistics Division for the statistical data provided for the direct contribution of Travel & Tourism.

Analysis of the holistic impact of the Hydrogen Economy on the coal industry

Science.gov (United States)

Lusk, Shannon Perry

As gas prices soar and energy demand continues to grow amidst increasingly stringent environmental regulations and an assortment of global pressures, implementing alternative energy sources while considering their linked economic, environmental and societal impacts becomes a more pressing matter. The Hydrogen Economy has been proposed as an answer to meeting the increasing energy demand for electric power generation and transportation in an environmentally benign way. Based on current hydrogen technology development, the most practical feedstock to fuel the Hydrogen Economy may prove to be coal via hydrogen production at FutureGen plants. The planned growth of the currently conceived Hydrogen Economy will cause dramatic impacts, some good and some bad, on the economy, the environment, and society, which are interlinked. The goal of this research is to provide tools to inform public policy makers in sorting out policy options related to coal and the Hydrogen Economy. This study examines the impact of a transition to a Hydrogen Economy on the coal industry by creating FutureGen penetration models, forecasting coal MFA's which clearly provide the impact on coal production and associated environmental impacts, and finally formulating a goal programming model that seeks the maximum benefit to society while analyzing the trade-offs between environmental, social, and economical concerns related to coal and the Hydrogen Economy.

Impacts on the biophysical economy and environment of a transition to 100% renewable electricity in Australia

International Nuclear Information System (INIS)

Turner, Graham M.; Elliston, Ben; Diesendorf, Mark

2013-01-01

We investigate the impacts on the biophysical economy, employment and environment of a transition scenario to an energy-efficient, 100% renewable electricity (RE) system by 2060, based on wind, solar and biomass technologies, and an introduction of electric vehicles. We employ a CSIRO process-based model of the physical activity of Australia’s economy and environmental resources, the Australian Stocks and Flows Framework. The RE systems are assumed to be manufactured in Australia to identify possible employment benefits. In comparison with the business-as-usual (BAU) scenario, on a national scale, the RE scenario has much lower economy-wide net emissions, remaining below contemporary levels and becoming zero in the electricity sector by 2060. Compared with BAU, the RE scenario also has significantly lower industrial water use, somewhat higher materials use, slightly lower unemployment, lower net foreign debt (relative to a GDP proxy) and, resulting from the growth in electric vehicles, reduced oil imports. The GDP per capita growth, based on the physical stocks of capital and labour, is virtually the same in both scenarios. Hence, from the viewpoint of the biophysical economy, there are no major barriers to implementing policies to facilitate the transition to a 100% renewable electricity system for Australia. - Highlights: ► Simulation of a 100% renewable electricity (RE) system in a process-based model. ► The RE scenario achieves zero GHG emissions in the electricity sector by 2060. ► Consumption of secondary materials is higher and more variable in the RE scenario. ► The RE scenario has lower water use, unemployment, foreign debt and oil imports

Macroeconomic impacts of oil price shocks in Asian economies

International Nuclear Information System (INIS)

Cunado, Juncal; Jo, Soojin; Perez de Gracia, Fernando

2015-01-01

This paper analyzes the macroeconomic impact of structural oil shocks in four of the top oil-consuming Asian economies, using a VAR model. We identify three different structural oil shocks via sign restrictions: an oil supply shock, an oil demand shock driven by global economic activity and an oil-specific demand shock. The main results suggest that economic activity and prices respond very differently to oil price shocks depending on their types. In particular, an oil supply shock has a limited impact, while a demand shock driven by global economic activity has a significant positive effect in all four Asian countries examined. Our finding also includes that policy tools such as interest rates and exchange rates help mitigating the effects of supply shocks in Japan and Korea; however, they can be more actively used in response to demands shocks. - Highlights: • We analyze the effects of three structural oil price shocks on Asian economies. • Supply shocks have limited impact on the economic activity of Asian economies examined. • Demand shocks due to economic activity boosts GDP of all economies. • CPIs in India and Indonesia were only marginally affected by oil price shocks. • Monetary and exchange rate tools help mitigating supply shocks in Korea and Japan.

The impact of oil on the Scottish economy with particular reference to the Aberdeen economy

International Nuclear Information System (INIS)

Lloyd, M.G.; Newlands, D.A.

1992-01-01

The establishment of the North Sea oil industry over the last 20 years has had far reaching and dramatic effects upon the whole Scottish economy but especially upon those areas where oil related activity is geographically concentrated. This chapter discusses the impact of oil on the Scottish economy with particular reference to developments in the Aberdeen area. It is comprised of five main sections. The first outlines the way in which the oil industry has developed in Britain, noting that, despite rapid growth, there have been many lost opportunities. The impact of oil related developments in Scotland is discussed next before the focus narrows to the Aberdeen economy. The third section describes the familiar benefits of oil developments in Aberdeen while the fourth section analyses some of the less familiar costs. Finally, there is some discussion of the way in which the gains and losses of oil developments in Aberdeen have been distributed. (author)

Impact of Knowledge Economy on the Participation of Women in Labor Market

OpenAIRE

Abeer Mohamed Ali Abd Elkhalek

2017-01-01

Purpose: To examine the influence and participation of women in the labor market by the know-ledge economy; in negative or positive manner. Methodology: Quantitative research technique has been implied to evaluate women’s participa-tion in the labor market to minimize negative impacts of knowledge economy. Findings: Within the service and agricultural sectors, the outcomes demonstrated that knowledge economy is found to have a significant impact on the participation of women’s labor for...

Petroleum and the economy

International Nuclear Information System (INIS)

Bohi, D.R.

1992-01-01

In re-examining the effect of energy price shocks on the economy, this article applies several tests to show that the apparent coincidence between price shocks and poor economic performance may be misleading. For example, whereas macroeconomic analysis graphs of employment and GNP clearly indicate an apparent correlation between the 1979 petroleum price hike and economic downturn in the USA, Great Britain and Germany, Japan's performance stayed fairly constant during that period. Additional sectoral analyses of the performances of the western economies show that the impacts of the '74 and '79 oil price shocks were not equally distributed across the different industrial sectors of the various nations. The paper argues that a deeper understanding of the energy-economy relationship is required to reduce these ambiguities

The role of the upstream oil and gas industry in the Canadian economy and the macroeconomic impacts of increased taxation

International Nuclear Information System (INIS)

Anon.

1996-01-01

The direct, indirect and overall impacts of the upstream oil and gas industry on the Canadian economy and the impact of increased taxation on the industry and the overall economy was assessed. The industry's value of production in 1995 was $25 billion, two-thirds of which were exports that contributed to Canada's trade surplus. In the same year, the industry also spent more than $10 billion in exploration and development. About five per cent of Canadian gross domestic product (GDP) and three per cent of national employment can be traced to the upstream oil and gas industry, therefore, increased taxation on the industry would have significant impacts on overall economic activity. For the purposes of this analysis, three assumptions were made: (1) a one-time $100 million tax increase on the industry, (2) the tax revenue to go toward government debt reduction, and (3) the reduction in industry net revenue to produce an investment impact equal with the average behaviour of the industry in recent years. Given these factors, it was concluded that a one-time $100 million tax increase could reduce national GDP by $250 million and employment by 3000 jobs. The balance of payments impact would be about -$75 million. Once factors related to expectations and capital mobility have been factored in, the negative macroeconomic impacts could be even greater. 6 tabs., 24 figs

Industrial Diversification, Employment and Rural Poverty Reduction ...

African Journals Online (AJOL)

This study compares the impact of industrial diversification on employment and rural poverty reduction in China and Nigeria. The fact that both countries ... better success. Key Words: Agro-Allied Industry, Industrial Diversification, Rural Development, Poverty Reduction, Employment, Non-Farm Enterprise, Nigerian Economy.

Sex work and modes of self-employment in the informal economy: diverse business practices and constraints to effective working.

Science.gov (United States)

Pitcher, Jane

2015-01-01

This article draws on research with adult sex workers in indoor settings in Great Britain to explore diverse forms of self-employment, employment relationships and small business development, set within the context of changes to the wider economy. It considers how external constraints such as the legal context, social stigma and dominant policy discourses can impact on sex workers' autonomy and actively work against their safety and wellbeing. The article argues that broad policy and legal approaches which fail to recognise the complexity of sex work constrain sex workers' opportunities for business development and improvement of their working circumstances. It suggests the need for recognition of sex work as legitimate labour, as a prerequisite for policy changes to support sex workers and pave the way for improved working conditions, not only in managed settings but also facilitating collective arrangements and independent lone working.

Quantifying the benefits: Energy, cost, and employment impacts of advanced industrial technologies

International Nuclear Information System (INIS)

Sullivan, G.P.; Roop, J.M.; Schultz, R.W.

1997-01-01

This development effort was supported by the Technologies Partnerships Program established through the US Department of Energy's Office of Energy Efficiency and Renewable Energy via the Office of Industrial Technology (OIT). This program supports research, development, and demonstration of industrial technologies aimed at improving energy efficiency and productivity while reducing pollution, material waste, and operations/maintenance costs. The goal of this program is to develop cost-shared partnerships with industry, government and non-government organizations to foster improved efficiency, productivity, and pollution prevention technologies. This partnership program is believed to be one way that energy efficiency will be delivered to industry in the 21st Century. This paper reports on the development of the Industrial Technology Employment Analysis Model (ITEAM) which calculates economy-wide employment impacts of specific partnership program technologies, using data developed by the technology partner. ITEAM is a desk-top computer model that allows users to evaluate base-case partnership data and/or run sensitivity tests using its graphical-user-interface features. To demonstrate the capabilities of ITEAM, an analysis is presented for the chemicals industry. In addition, the following major industries have been analyzed and summary data are presented: aluminum, stone/clay/glass, forest products, chemicals, metal casting, steel, and petroleum. This paper addresses the development, function, and use of ITEAM. Included is a presentation of key assumptions along with user inputs and a discussion of sensitivities. The results of ITEAM runs for over 20 technology projects in 7 program areas are reported. The paper also explains how the project data are used to modify the 1987 I/O table to impact output and employment. The calculations are explained and the approach is rationalized. The argument for this approach rests on the proposition that improvements in efficiency

Building a Green Economy: Employment Effects of Green Energy Investments for Ontario

OpenAIRE

Robert Pollin; Heidi Garrett-Peltier

2009-01-01

In this study of Ontario’s green economy, Robert Pollin and Heidi Garrett-Peltier present an approach to realistically estimate the employment effects of green investments in Ontario. They focus on two alternative investment scenarios for the province: a baseline program of $18.6 billion invested in conservation and demand management; hydroelectric power; on-shore wind power; bioenergy; waste energy recycling; and solar power over 10 years, and a more ambitious $47.1 billion 10-year investmen...

Analysing the economy-wide impact of the supply chains activated by a new biomass power plant. The case of cardoon in Sardinia

Directory of Open Access Journals (Sweden)

Andrea Bonfiglio

2016-05-01

Full Text Available This study investigates the impact on the economy of Sardinia (Italy generated by a new biomass power plant fed by locally cultivated cardoon. The cardoon also serves the production of biopolymers. The impact is assessed at an economy-wide level using two multiregional closed Input-Output models, which allow us to take into account the entire supply chain activated and the supra-local effects generated by trade across local industries. The effects are computed under alternative scenarios simulating different levels of substitution of existing agricultural activities with the new activity (cardoon. Results show positive and locally significant impacts in terms of value added and employment. However, these impacts are substantially influenced by the degree of substitution. Results also suggest that there are specific territorial areas that are more sensitive to negative effects induced by substitution.

Impact of Geological Changes on Regional and Global Economies

Science.gov (United States)

Tatiana, Skufina; Peter, Skuf'in; Vera, Samarina; Taisiya, Shatalova; Baranov, Sergey

2017-04-01

Periods of geological changes such as super continent cycle (300-500 million years), Wilson's cycles (300-900 million years), magmatic-tectonic cycle (150-200 million years), and cycles with smaller periods (22, 100, 1000 years) lead to a basic contradiction preventing forming methodology of the study of impact of geological changes on the global and regional economies. The reason of this contradiction is the differences of theoretical and methodological aspects of the Earth science and economics such as different time scales and accuracy of geological changes. At the present the geological models cannot provide accurate estimation of time and place where geological changes (strong earthquakes, volcanos) are expected. Places of feature (not next) catastrophic events are the only thing we have known. Thus, it is impossible to use the periodicity to estimate both geological changes and their consequences. Taking into accounts these factors we suggested a collection of concepts for estimating impact of possible geological changes on regional and global economies. We illustrated our approach by example of estimating impact of Tohoku earthquake and tsunami of March 2011 on regional and global economies. Based on this example we concluded that globalization processes increase an impact of geological changes on regional and global levels. The research is supported by Russian Foundation for Basic Research (Projects No. 16-06-00056, 16-32-00019, 16-05-00263A).

The environmental economy accounts for 2014

International Nuclear Information System (INIS)

Bourges, Benoit; Kurtek, Olivier; Margontier, Sophie; Auzanneau, Muriel; Caudron, Cedric; Diel, Olivier; Ghewy, Xavier; Guilhen, Jean-Michel; Pasquier, Isabelle; Moreau, Sylvain; Bottin, Anne; Carriere, Celine

2017-03-01

The environment related sector of the economy has been growing since the early 2000's. Between 2004 and 2014, employment in environmental activities grew by 33 %, a growth rate greater than that of the economy as a whole (+ 3 %). Spending on environmental protection reached euro 47.6 billion, increasing annually on average at 3.5 %, while average annual growth in GDP was 2.6 % over the same period. However, the importance of the sector remained relatively low: it represented 1.7 % of total employment and 1.4 % of GDP. Moreover, the net impact on the economy is not measurable, as jobs created have compensated for jobs lost in other sectors. Similarly, while environmental taxation in relation to GDP had grown since 2008 with the TICPE and the CSPE - respectively a tax on domestic consumption of energy products and a levy in support of the public electricity provider - it remained at a lower level than in the rest of Europe. (authors)

The Impact of Religious Tourism on Nepalese Economy

OpenAIRE

Pandey, Ramesh

2016-01-01

Religious tourism is one of the main contributors to the Nepalese tourism industry. It has not only generated thousands of jobs but also has been one of the main media to promote Nepalese culture, lifestyle and traditions. At the same time, it has grown as a strong contributor to the Nepalese economy. The main aim of this thesis was to point out the impact of religious tourism on the Nepalese economy, to find out the main factors affecting religious tourism and to get views of people about th...

The Technological Innovations and Their Impact on the Economy

Directory of Open Access Journals (Sweden)

Mikhail Ivanovich Maslennikov

2017-12-01

Full Text Available Drastic and inclusive technology progress is changing the economy of Russia and foreign countries. This progress significantly impacts production forces. . This paper analyzes theoretical and applied approaches to the investigation of production forces development. I reveal the role and importance of innovations in science and technology as well as their impact on various segments of the economy. I analyze the conceptual framework used for technological shifts. The paper describes the indicators showing the level of scientific and technological potential development in various countries and regions including the Urals. I define growth areas in technology and assess their contribution to gross domestic product (GDP growth. The administrations and authorities at federal and regional levels impact the development of science, innovations, technologies and breakthrough areas. The development of these spheres leads to the increase in productivity of social activities, production and business activity. The paper reveals the impact of the technological breakthrough in such latest fields as the alternative energy sources, drones, electric car industry, storage and delivery of energy. This fields transform the economy and society. Furthermore, they change theoretical concepts of functional and institutional social structure. The development paradigm is to be modified from fuel and raw model to the innovative and technological one. The economic development and scientific and technological potential are interrelated. I discuss the reason of close attention to the development of science, technologies, innovations in the developed countries. as well as the measures to stimulate their development. The article studies the mechanism and tools of science and education funding in various regions of the world. The results of the research may be used for updating the strategy of scientific and technological development of Russia and its regions in the current

Platform economy in Denmark – precarious employment?

DEFF Research Database (Denmark)

Rasmussen, Stine; Madsen, Per Kongshøj

limited. Nevertheless the labour offered through the platforms has a precarious character for instance in terms of lower wages and poorer rights and protection compared to the labour at the traditional, offline labour market. One important issue here is also the confusion as to whether the worker......This paper takes a labour market perspective on the emerging concept of the 'sharing economy' or 'platform economy', which we use as a more appropriate term for the phenomenon. Platform economy is in the article understood as those business models that have emerged since the millennium, where...... digital platforms serve as the link between persons wanting to make use of certain activities, services etc. and those owning them and we only have an interest in the work-related platforms. That means platforms, where paid work is offered and demanded. International examples of this new phenomenon...

Employing a CGE model in analysing the environmental and economy-wide impacts of CO2 emission abatement policies in Malaysia.

Science.gov (United States)

Yahoo, Masoud; Othman, Jamal

2017-04-15

The impact of global warming has received much international attention in recent decades. To meet climate-change mitigation targets, environmental policy instruments have been designed to transform the way goods and services are produced as well as alter consumption patterns. The government of Malaysia is strongly committed to reducing CO 2 gas emissions as a proportion of GDP by 40% from 2005 levels by the year 2020. This study evaluates the economy-wide impacts of implementing two different types of CO 2 emission abatement policies in Malaysia using market-based (imposing a carbon tax) and command-and-control mechanism (sectoral emission standards). The policy simulations conducted involve the removal of the subsidy on petroleum products by the government. A carbon emission tax in conjunction with the revenue neutrality assumption is seen to be more effective than a command-and-control policy as it provides a double dividend. This is apparent as changes in consumption patterns lead to welfare enhancements while contributing to reductions in CO 2 emissions. The simulation results show that the production of renewable energies is stepped up when the imposition of carbon tax and removal of the subsidy is augmented by revenue recycling. This study provides an economy-wide assessment that compares two important tools for assisting environment policy makers evaluate carbon emission abatement initiatives in Malaysia. Copyright © 2017 Elsevier B.V. All rights reserved.

New vehicle fuel economy in the UK: Impact of the recession and recent policies

International Nuclear Information System (INIS)

Wadud, Zia

2014-01-01

Interests in vehicle fuel economy have increased in the past few years with the implementations of more stringent CAFE standard in USA and mandatory carbon emission standard in the EU. We seek to understand the effects of recent policies such as restructuring of Vehicle Excise Duties and EU standard on new vehicle fuel economy in the UK. In the past few years there have been substantial fluctuations in income and fuel prices, offering an interesting testing ground to understand their impact on the demand for fuel economy in vehicles. We use a monthly dataset to find that the emission standard is the largest driver for fuel economy improvements in recent years. Also, contrary to some recent findings in Europe and in UK, we find that income has an effect and that the recession had some role in improving the fuel economy. The effects of fuel prices were relatively small. Restructuring of the VED also improved new vehicle fuel economy in the UK, but the scrappage scheme had no significant effect. Results indicate that both supply and demand side policies are effective in improving fuel economy, although quantitatively the emission standard appears more effective due to its stringency. It is also important to consider the effects of income while devising demand side policies. - Highlights: • Econometric modelling and simulation of new vehicle fuel economy in UK. • EU carbon standard is the largest reason behind improving fuel economy. • Recession and associated reduction in income also had a role. • Fuel price has some impact on new car fuel economy, but small. • VED restructuring had an impact, but scrappage scheme's impact was insignificant

Nigeria’s Mono-Cultural Economy: Impact Assessment and Prospects

Directory of Open Access Journals (Sweden)

Victor Nwaoba ITUMO

2016-12-01

Full Text Available The article takes an insight into the nature of the oil based mono-cultural economy of Nigeria, providing an in-depth analysis of the situation. It clearly assesses the oil resource based economy, highlights the impacts- positive and negative on Nigeria’s economic development and why Nigeria urgently needs to diversify its economy away from oil resource dependence. If Nigeria will not change the oil dependency economy, there will be grave implications for its economic growth and development as it already negatively affects annual budgetary provisions and other fiscal responsibilities. As it is well known, Nigeria is one of the foremost countries in the global oil export, with disruptions in its supply affecting the international oil market in some ways, huge reliance on oil as a resource has seen one of the foremost economies in Africa challenged in her economic growth and development with oil price volatility and decline on the global market. The research made use of secondary data to assess the situation and also drew the conclusion that Nigeria needs to diversify her economy as reliance on a basic resource discourages growth.

The collaborative economy in Poland and Europe: A tool for boosting female employment?

OpenAIRE

Beaumont, Karolina

2016-01-01

The collaborative economy is a relatively new economic approach based on peer-to-peer transactions. It includes the shared creation, production and consumption of goods and services accessible for all through online platforms and smartphone applications. It is a burgeoning business model that is experiencing increased interest in all European countries. Statistics show that Poland already has an above-average number of women who are interested in self-employment. Furthermore, formal female em...

Public Investment in a Small Open Economy

NARCIS (Netherlands)

Heijdra, B.J.; Meijdam, A.C.

1997-01-01

We study the effects of public investment in a dynamic overlapping-generations model of a small open economy. Boosting public investment stimulates private capital formation, output, employment, and wages in the long run. The impact effects depend critically on whether public capital is modeled as a

St. Cloud State University's Impact on the Local Economy.

Science.gov (United States)

Lange, Mark D.

The economic impact of St. Cloud State University, Minnesota, on the local economy was studied. Using models developed by the American Council on Education, estimates were made of the dollar outlays by the local economic sectors that are associated with or influenced by the university. The focus is the measurable impacts, in dollar terms, of the…

Increased Patient Cost-Sharing, Weak US Economy, and Poor Health Habits: Implications for Employers and Insurers.

Science.gov (United States)

Haren, Melinda C; McConnell, Kirk; Shinn, Arthur F

2009-04-01

Many healthcare stakeholders, including insurers and employers, agree that growth in healthcare costs is inevitable. But the current trend toward further cost-shifting to employees and other health plan members is unsustainable. In 2008, the Zitter Group conducted a large national study on the relationship between insurers and employers, to understand how these 2 healthcare stakeholders interact in the creation of health benefit design. The survey results were previously summarized and discussed in the February/March 2009 issue of this journal. The present article aims to assess the implications of those results in the context of the growing tendency to increase patient cost-sharing, a weak US economy, and poor health habits. Increasing cost-sharing is a blunt instrument: although it may reduce utilization of frivolous services, it may also result in individuals forgoing medically necessary care. Increases in deductibles will lead to an overall decrease in optimal care-seeking behavior as families juggle healthcare costs with a weak economy and stagnating wages.

The Outlook for Technological Change and Employment. Technology and the American Economy, Appendix Volume I.

Science.gov (United States)

National Commission on Technology, Automation and Economic Progress, Washington, DC.

Findings of a study of the nation's manpower requirements to 1975 are presented. Part I, on the employment outlook, consists of a 10-year projection of manpower requirements by occupation and by industry prepared by the Bureau of Labor Statistics and an analysis of the growth prospects and the state of fiscal policy in the United States economy as…

Chances for a circular economy in the Netherlands; Kansen voor de circulaire economie in Nederland

Energy Technology Data Exchange (ETDEWEB)

Bastein, T.; Roelofs, E.; Rietveld, E.; Hoogendoorn, A.

2013-06-15

The concept of circular economy is an economic and industrial system that focuses on the reusability of products and raw materials, reduces value destruction in the overall system and aims at value creation within each tier of the system. In this report the (economic) opportunities are quantified as much as possible, and impacts on employment and the environmental are addressed. The study focuses specifically on the Dutch economy. The analysis starts by means of two detailed case studies: the use of biomass wastes and the circular economy that may arise in the metal-electronics industry [Dutch] Het begrip 'circulaire economie' is een economisch en industrieel systeem dat zich richt op de herbruikbaarheid van producten en grondstoffen, waarde vernietiging in het totale systeem minimaliseert en waarde creatie in iedere schakel van het systeem nastreeft. In dit rapport worden de (economische) kansen zoveel mogelijk gekwantificeerd, waarbij effecten op werkgelegenheid en milieudruk aan bod komen. De studie richt zich nadrukkelijk op de gehele Nederlandse economie. De analyse start aan de hand van twee gedetailleerde case studies: de benutting van reststromen uit biomassa en de circulaire economie die kan ontstaan t.b.v. producten uit de metaalelektro-sector.

Full employment and competition in the Aspen economic model: implications for modeling acts of terrorism.

Energy Technology Data Exchange (ETDEWEB)

Sprigg, James A.; Ehlen, Mark Andrew

2004-11-01

Acts of terrorism could have a range of broad impacts on an economy, including changes in consumer (or demand) confidence and the ability of productive sectors to respond to changes. As a first step toward a model of terrorism-based impacts, we develop here a model of production and employment that characterizes dynamics in ways useful toward understanding how terrorism-based shocks could propagate through the economy; subsequent models will introduce the role of savings and investment into the economy. We use Aspen, a powerful economic modeling tool developed at Sandia, to demonstrate for validation purposes that a single-firm economy converges to the known monopoly equilibrium price, output, and employment levels, while multiple-firm economies converge toward the competitive equilibria typified by lower prices and higher output and employment. However, we find that competition also leads to churn by consumers seeking lower prices, making it difficult for firms to optimize with respect to wages, prices, and employment levels. Thus, competitive firms generate market ''noise'' in the steady state as they search for prices and employment levels that will maximize profits. In the context of this model, not only could terrorism depress overall consumer confidence and economic activity but terrorist acts could also cause normal short-run dynamics to be misinterpreted by consumers as a faltering economy.

Employment impacts of alcohol taxes.

Science.gov (United States)

Wada, Roy; Chaloupka, Frank J; Powell, Lisa M; Jernigan, David H

2017-12-01

There is strong scientific evidence supporting the effectiveness of increasing alcohol taxes for reducing excessive alcohol consumption and related problems. Opponents have argued that alcohol tax increases lead to job losses. However, there has been no comprehensive economic analysis of the impact of alcohol taxes on employment. To fill this gap, a regional macroeconomic simulation model was used to assess the net impact of two hypothetical alcohol tax increases (a 5-cent per drink excise tax increase and a 5% sales tax increase on beer, wine, and distilled spirits, respectively) on employment in Arkansas, Florida, Massachusetts, New Mexico, and Wisconsin. The model accounted for changes in alcohol demand, average state income, and substitution effects. The employment impact of spending the new tax revenue on general expenditures versus health care was also assessed. Simulation results showed that a 5-cent per drink additional excise tax on alcoholic beverages with new tax revenues allocated to general expenditures increased net employment in Arkansas (802 jobs); Florida (4583 jobs); Massachusetts (978 jobs); New Mexico (653 jobs); and Wisconsin (1167 jobs). A 5% additional sales tax also increased employment in Arkansas (789 jobs; Florida (4493 jobs); Massachusetts (898 jobs); New Mexico (621 jobs); and Wisconsin (991 jobs). Using new alcohol tax revenues to fund health care services resulted in slightly lower net increases in state employment. The overall economic impact of alcohol tax increases cannot be fully assessed without accounting for the job gains resulting from additional tax revenues. Copyright © 2017 Elsevier Inc. All rights reserved.

The impact of regulatory approaches targeting collaborative economy in the tourism accommodation sector:

DEFF Research Database (Denmark)

Dredge, Dianne; Gyimóthy, Szilvia; Birkbak, Andreas

This paper has been commissioned by the European Commission’s DG GROWTH to examine the impact of regulatory approaches targeting collaborative economy in the tourism accommodation sector in the cities of Barcelona, Berlin, Amsterdam and Paris. In relation to tourism, the growth of the collaborative...... economy peer-to-peer accommodation sector has significant impacts for traditional tourism industry structures and relationships. The growth of the collaborative economy peer-to-peer accommodation market has led to a diversification of accommodation stock, it has led to increased competition, and it has...... governments and host communities are also raising concerns over the impact of unregulated tourist accommodation within residential neighbourhoods and the conflicts that are emerging due to the changing commercial nature of traditional residential areas close to city centres. In many cities across Europe...

Employment Impact of Sugar-Sweetened Beverage Taxes

Science.gov (United States)

Powell, Lisa M.; Wada, Roy; Persky, Joseph J.; Chaloupka, Frank J.

2014-01-01

Objectives. We assessed the impact of sugar-sweetened beverage (SSB) taxes on net employment. Methods. We used a macroeconomic simulation model to assess the employment impact of a 20% SSB tax accounting for changes in SSB demand, substitution to non-SSBs, income effects, and government expenditures of tax revenues for Illinois and California in 2012. Results. We found increased employment of 4406 jobs in Illinois and 6654 jobs in California, representing a respective 0.06% and 0.03% change in employment. Declines in employment within the beverage industry occurred but were offset by new employment in nonbeverage industry and government sectors. Conclusions. SSB taxes do not have a negative impact on state-level employment, and industry claims of regional job losses are overstated and may mislead lawmakers and constituents. PMID:24524492

Impact Modelling for Circular Economy: Geodesign Discussion Support Environment

NARCIS (Netherlands)

Šileryte, R.; Wandl, A.; van Timmeren, A.; Bregt, Arnold; Sarjakoski, Tapani; van Lammeren, Ron; Rip, Frans

2017-01-01

Transitioning towards circular economy requires changes in the current system which yield a number of impacts on such fundamental values as human health, natural environment, exhaustible resources, social well-being and prosperity. Moreover, this process involves multiple actors and requires careful

The impact of Alzheimer's disease on the chinese economy

DEFF Research Database (Denmark)

Keogh-Brown, Marcus R; Jensen, Henning Tarp; Arrighi, H Michael

2016-01-01

BACKGROUND: Recent increases in life expectancy may greatly expand future Alzheimer's Disease (AD) burdens. China's demographic profile, aging workforce and predicted increasing burden of AD-related care make its economy vulnerable to AD impacts. Previous economic estimates of AD predominantly...

The Impact of Alzheimer's Disease on the Chinese Economy.

Science.gov (United States)

Keogh-Brown, Marcus R; Jensen, Henning Tarp; Arrighi, H Michael; Smith, Richard D

2016-02-01

Recent increases in life expectancy may greatly expand future Alzheimer's Disease (AD) burdens. China's demographic profile, aging workforce and predicted increasing burden of AD-related care make its economy vulnerable to AD impacts. Previous economic estimates of AD predominantly focus on health system burdens and omit wider whole-economy effects, potentially underestimating the full economic benefit of effective treatment. AD-related prevalence, morbidity and mortality for 2011-2050 were simulated and were, together with associated caregiver time and costs, imposed on a dynamic Computable General Equilibrium model of the Chinese economy. Both economic and non-economic outcomes were analyzed. Simulated Chinese AD prevalence quadrupled during 2011-50 from 6-28 million. The cumulative discounted value of eliminating AD equates to China's 2012 GDP (US$8 trillion), and the annual predicted real value approaches US AD cost-of-illness (COI) estimates, exceeding US$1 trillion by 2050 (2011-prices). Lost labor contributes 62% of macroeconomic impacts. Only 10% derives from informal care, challenging previous COI-estimates of 56%. Health and macroeconomic models predict an unfolding 2011-2050 Chinese AD epidemic with serious macroeconomic consequences. Significant investment in research and development (medical and non-medical) is warranted and international researchers and national authorities should therefore target development of effective AD treatment and prevention strategies.

Investing in Youth: Tunisia. "Strengthening the Employability of Youth during the Transition to a Green Economy"

Science.gov (United States)

OECD Publishing, 2015

2015-01-01

The series Investing in Youth builds on the expertise of the Organisation for Economic Cooperation and Development (OECD) on youth employment, social support and skills. It covers both OECD countries and countries in the process of accession to the OECD, as well as some emerging economies. This report provides a detailed diagnosis of the youth…

The Digital Economy: Controversity of Content and Impact on Economic Development

Directory of Open Access Journals (Sweden)

Kolomiyets Ganna M.

2017-07-01

Full Text Available The transformations of the technological structure of current economy have led to the emergence of digital economy that offers significant opportunities and, at the same time, creates threats. The article is aimed at displaying methodological approaches to interpretation of digital economy, contradiction of the possible results of its development and functioning, and the practical relevance of research into this phenomenon. The digital economy transforms economic interactions; destroys long chains of intermediaries; speeds up the conclusion of different agreements; eliminates spatial constraints in access to markets; offers competitive advantages to companies regardless of their size; enables to create a scale effect and materialize its positive impact by reducing costs. At the same time, in developed countries and industry sectors that can easily be automated, the need for low-and medium-skill workers is severely reduced. A more part-time economy is being formed, with engagement of freelancers who are not covered by the social security system on a short-term basis. These processes threaten the stability of incomes and the development of the national economy. A comparative analysis of the development of digital economy uses the indices that can form the basis of the national economic foresight.

Task force on resource development and the economy

International Nuclear Information System (INIS)

Mansell, R.L.; Staples, L.B.

2011-02-01

In Alberta, the development and growth of the economy relies heavily on the resource sectors, which drive half of all employment. In 2009, the Alberta Chamber of Resources commissioned a task force, comprising groups from the 9 resource sectors in Alberta, to examine resource development and the economy. The aim of this team was to present the impact that the resource sectors had on Alberta's economy in the past, the impact it could have in the future, and to make recommendations on how to meet the full potential of resource development in the province. This reports states that considerable resources of bitumen and coal are present in Alberta and that forestry and diamonds could also play important roles in future resource development. The task force believes that the resource sectors will continue lead gross domestic product growth in Alberta and 16 recommendations for meeting the province's full potential are provided.

Taxes and the economy: A survey of the impact of taxes on growth, employment, investment, consumption and the environment

NARCIS (Netherlands)

Vermeend, W.; van der Ploeg, R.; Timmer, J.W.

2008-01-01

This book discusses the impact of taxation on economic growth, employment, investment, consumption and the environment. The public finance literature commonly distinguishes between three major functions of taxation: the traditional function of raising revenue to finance government expenditure; the

Occupational diseases among workers employed in various branches of the national economy

Directory of Open Access Journals (Sweden)

Neonila Szeszenia-Dąbrowska

2013-04-01

Full Text Available Introduction: The purpose is to present the incidence of occupational diseases and their causal factors in the sections and divisions of the national economy in Poland. Material and Methods: The analysis is based on the cases of occupational diseases obligatorily reported in 2009-2011 from all over the country to the Central Register of Occupational Diseases. Data is presented as absolute numbers and average annual incidence rates per 100 000 persons employed in NACE-classified sections and divisions. Results: The average annual incidence of occupational diseases was 20.6 cases per 100 000 of employed people. The highest rates were recorded in mining and quarrying (337.8, the production of metals (169.8, non-metallic mineral products (81.6, motor vehicles and transport equipment (59.7, chemicals (30.1. Specific situation in which high incidence rate is due to a single disease prevails in forestry, where tick-borne diseases represent 96.3% of all recorded cases, in education, where chronic voice disorders account for 96.5% of cases, and in human health and social work activities, where infectious diseases with the dominant hepatitis C represent 68.2% of the cases. The most common causes of occupational diseases in sections and industrial divisions with the highest incidence included: industrial dust, noise and vibration. In the manufacturing industry asbestos was the cause of 20.5% of occupational diseases and 55% of occupational cancers. Conclusions: Careful monitoring of working conditions and implementing health prevention programs should be exercised in sections and divisions of the national economy where a high risk of occupational diseases has been found. Med Pr 2013;64(2:161–174

Global environmental impacts of the hydrogen economy

International Nuclear Information System (INIS)

Derwent, R.; Simmonds, P.; O'Doherty, S.; Manning, A.; Collins, W.; Stevenson, D.

2006-01-01

Hydrogen-based energy systems appear to be an attractive proposition in providing a future replacement for the current fossil-fuel based energy systems. Hydrogen is an important, though little studied, trace component of the atmosphere. It is present at the mixing ratio of about 510 ppb currently and has important man-made and natural sources. Because hydrogen reacts with tropospheric hydroxyl radicals, emissions of hydrogen to the atmosphere perturb the distributions of methane and ozone, the second and third most important greenhouse gases after carbon dioxide. Hydrogen is therefore an indirect greenhouse gas with a global warming potential GWP of 5.8 over a 100-year time horizon. A future hydrogen economy would therefore have greenhouse consequences and would not be free from climate perturbations. If a global hydrogen economy replaced the current fossil fuel-based energy system and exhibited a leakage rate of 1%, then it would produce a climate impact of 0.6% of the current fossil fuel based system. Careful attention must be given to reduce to a minimum the leakage of hydrogen from the synthesis, storage and use of hydrogen in a future global hydrogen economy if the full climate benefits are to be realised. (author)

Labor Market Institutions and Their Impact on Shadow Economies in Europe

Czech Academy of Sciences Publication Activity Database

Fialová, Kamila; Schneider, O.

2014-01-01

Roč. 5, č. 1 (2014), s. 1-40 ISSN 2038-1379 R&D Projects: GA ČR(CZ) GA14-15008S Institutional support: RVO:68378025 Keywords : labour market institutions * shadow economy * shadow employment Subject RIV: AH - Economics http://www.rei.unipg.it/rei/article/view/146/137

The Impact of Climate Change on the United States Economy

Science.gov (United States)

Mendelsohn, Robert; Neumann, James E.

2004-08-01

Understanding the impacts of climate change on economic behaviour is an important aspect of deciding when to take policy actions to prevent or mitigate its consequences. This book applies advanced new economics methodologies to assess impacts on potentially vulnerable aspects of the US economy: agriculture, timber, coastal resources, energy expenditure, fishing, outdoor recreation. It is intended to provide improved understanding of key issues raised in the recent Intergovernmental Panel on Climate Change (IPCC) reports. It concludes that some climate change may produce economic gains in the agriculture and forestry sectors, whereas energy, coastal structures, and water sectors may be harmed. The book will serve as an important reference for the scientific, economic, and policy community, and will also be of interest to natural resource/environmental economists as an example of economic valuation techniques. The volume will clearly be of main importance to researchers and policymakers in the US, but will also be influential as a model for assessment of impacts on economies worldwide.

The Impact of Corporate Income Tax on Wages and Employment

Directory of Open Access Journals (Sweden)

Etleva Bajrami

2017-06-01

Full Text Available t This paper is focused on impact of corporate tax on wages and the number of employees. Since the main goal of businesses is profit and because wages are part of the costs it’s important to understand if businesses try to cut costs by reducing wages or through reducing the number of employees. In this paper, through the analysis is intend to understand whether there is a relation between changes in corporate tax rates, the growth rate of state revenues from corporate tax with the growth rate of wages. To achieve the purpose of this paper it will also be analyzed the relation between growth rates of corporate tax with the growth rate of employment. To reach the conclusion is analyzed the progress of wages, the progress rates of corporate tax and is presented a brief overview of the economy in general because the rate of its growth will affect businesses operating there and will affect all public because a part of them is employed in the private sector. By data analysis in this paper does not seem to pass the burden of corporate tax on employees through salary or number of employees.

PLUNGING OIL PRICES IMPACT MALAYSIA’S AND INDONESIA’S ECONOMY

Directory of Open Access Journals (Sweden)

Chung Tin Fah

2017-02-01

Full Text Available Oil has a profound impact on the world economy. This study examines the impact of changes (falling in oil prices on the two oil producing ASEAN countries – Malaysia and Indonesia using quarterly data from 2005:Q1 to 2014:Q4. A cointegration analysis using an autoregressive distributed lag equation (ARDL is conducted between oil and the Malaysian and Indonesian economy. Next, single equations are estimated on the impact of oil price changes on macroeconomic variables, followed by a VAR formulation to trace the impact of oil price using impulse response function and variance decomposition. The single equation estimates indicate that real oil prices have a significant positive impact on Malaysia/Indonesia GDP, while it is insignificant on inflation rate and real exchange rate. Using an unrestricted VAR model, real oil price growth shocks have positive and negative response on the growth of Malaysia GDP, Indonesia GDP and US GDP. However, the negative response is found more significant for the growth of Indonesia GDP, while the growth of US GDP has a larger influence on Malaysia GDP as compared to Indonesia GDP. Changes in real oil price are less impactful on Malaysia government expenditure and Malaysian Ringgit, compared to inflation rate and net exports.

The Impact of Entrepreneurship on Knowledge Economy in Africa

OpenAIRE

Asongu, Simplice; Tchamyou, Vanessa

2015-01-01

Purpose - The paper assesses how entrepreneurship affects knowledge economy (KE) in Africa. Design/methodology/approach – Entrepreneurship is measured by indicators of starting, doing and ending business. The four dimensions of the World Bank’s index of KE are employed. Instrumental variable panel fixed effects are applied on a sampled of 53 African countries for the period 1996-2010. Findings –The following are some findings. First, creating an enabling environment for starting bus...

INCREASING EMPLOYMENT LEVELS THROUGH THE USE OF CREATIVE JOBS

Directory of Open Access Journals (Sweden)

Anne-Marie Andreea HORDAU

2015-06-01

Full Text Available In this paper we want to raise awareness of how important is for an economy the existence of creative jobs. In the last years the employment rate has grown in the sector of creative jobs. This research came out due the need of creative jobs contribution to the development of an economy, in particular Romanian economy. In this paper we want to stress on the importance of creative industry and also to propose some solutions for increasing employment in this sectors , being well-known that creative industry is attractive to smart and talented people. Nevertheless, it is important to point out the development of IT as part of creative industry. Not at last, we will take in consideration the role that small and medium enterprises have, the impact of fiscal facilities in the economy and the need for appropriate financial instruments to support this kind of business.

The Impact of Syrian Refugees on the Turkish Economy: Regional Labour Market Effects

Directory of Open Access Journals (Sweden)

Oğuz Esen

2017-10-01

Full Text Available The Syrian civil war resulted in mass migration out of Syria into the neighboring countries. Turkey has received the greatest number of refugees from Syria. The Syrian refugees mostly initially settled in refugee camps in Southeastern Turkey. As the Syrian conflict intensified and lengthened, the number of Syrian refugees in Turkey increased and the Syrian population started to reside in the neighboring provinces and started to have important effects on the local economy. In 2016, Syrian refugees were allowed to receive work permits and they became more dispersed geographically. This paper investigates the impact of Syrian refugees on regional labour markets. Panel data for the years 2004 through 2016 is utilized for 26 regions in Turkey. Syrian refugees are found to increase unemployment and decrease informal and formal employment.

Cultural Employment by Level of Education

Directory of Open Access Journals (Sweden)

Diana Sava

2017-09-01

Full Text Available The sector of the creative economy brings benefits to the economy, more exactly, through the cultural sector, due to the unlimited resources needed to develop – the human resources represented by their mind or talent. The industrial development and innovation lead towards many changes in the cultural industries mostly due to the digitization effect, an irreversible change in the creation of various cultural goods and services, resulting even new cultural domains and also new regulation in the cultural field. The goods and services produced by the new cultural sector “encompass artistic, aesthetic, symbolic and spiritual values (… their system of valorisation, which includes a characteristic irreproducible, is linked to its appreciation or pleasure” makes them different from other goods and services as Throsby mentioned (UNESCO, 2009:22. This paper aims to show some positive impacts of the creative economy, highlighting social and economic aspects, such as cultural diversity, tolerance, freedom of expression of the cultural identity and by the other hand, new jobs for artists, earnings’ increases, creative clusters, cultural employment etc. We will also show more clearly the activities and the occupations which concern the cultural employment and figures regarding cultural employment in Europe.

World Employment, 1995. An ILO Report.

Science.gov (United States)

International Labour Office, Geneva (Switzerland).

The impact of globalization of the world economy on employment throughout the world was examined by determining the causes and effects of the reduction in economic growth that has occurred in most developed and developing countries since 1973. The following were among the factors considered: international inequality; new technologies; effects of…

Human Capital Influences in FDI in Eastern European Economies

Directory of Open Access Journals (Sweden)

Shpresim Vranovci

2016-11-01

Full Text Available Despite the increase of total foreign direct investments (FDI in developing countries, the distribution of these investments among countries is disproportional. The inflows have been directed only to a limited number of developing countries. The most significant effect of FDI on the country’s economy is the injection of needed capital and employment to overcome the gap between the savings of a developing economy, which does not invest much in new business, hindering so the employment increase. The idea that possible determinants of FDIs are not only determinants of economic nature, but also other factors that have impacts in attracting FDI inflows are progressively increasing. New studies realized that social capital is a factor, which is considered by foreign enterprises before investment decisions.

The uneven impact of the European Employment Strategy on member states' employment policies

DEFF Research Database (Denmark)

Simonsen, Mikkel Mailand

2008-01-01

policies to varying degrees, but that the impact, generally speaking, has been limited. In the article, the author examines the impact of the strategy as a result of peer pressure and key actors' strategic use of the strategy and shows how these mechanisms work. Factors that can explain why greater impact......In the mid-1990s, EU member states decided to coordinate their national employment policies through a common European Employment Strategy (EES). Building on a systematic comparative study of four member states, the author argues that the strategy has influenced the member states' employment...

RELATIONSHIPS BETWEEN EMPLOYMENT AND GROWTH FROM INDUSTRIAL PERSPECTIVE BY CONSIDERING EMPLOYMENT INCENTIVES: THE CASE OF TURKEY

Directory of Open Access Journals (Sweden)

Emre Aksoy

2013-01-01

Full Text Available By using quarterly data this study applied Toda-Yamamoto (1995 method for the period 1988-2010 to uncover the relationship between growth and employment in aggregate and industrial respects and also to investigate the impacts of investment and employment incentives on employment for Turkish Economy. The findings showed that the relationship between growth and employment varied with the industries. The study covers ten industries and there were causalities detected for four out of ten industries, either one or two ways. For the rest six industries covered in the study, there was no causal relationship obtained. The incentives impacts on employment, similarly, vary with industries. The law numbered as 5084 had positive and statistically significant influences on social service, manufacturing, and transportation and communication industries while the law numbered as 5763 extracted positive and significant influences on energy production and distribution, and financial intermediation industries.

The employment effects of sustainable development policies

International Nuclear Information System (INIS)

McNeill, Judith M.; Williams, Jeremy B.

2007-01-01

This paper argues that it is time for ecological economists to bring the employment impacts of sustainable development policies to the forefront of the research agenda. Important conservation efforts continue to founder because of their perceived employment effects. The paper examines the evidence on the employment impacts of sustainable development policies and argues that maintaining or even increasing employment depends critically on appropriate policy design and attention to the political economy of implementation of policies. The paper concludes that a better understanding of these issues, fair labour market and structural adjustment programs, and especially forward planning to anticipate problem areas, must replace the piecemeal, 'knee-jerk' reactions to environmental issues, such as were evident in Australia during the last federal election. (author)

Economy-wide Impact of Investment in Road Infrastructure in ...

African Journals Online (AJOL)

In this study an attempt has been made to examine economy wide impact of investment in road infrastructure using a recursive dynamic CGE model. The study used an updated version of the 2005/06 EDRI Social Accounting Matrix. Simulations with the CGE model confirm that with the increasing availability of road ...

THE IMPACT OF MOVING TO KNOWLEDGE BASED ECONOMY IN THE PUBLIC SECTOR

Directory of Open Access Journals (Sweden)

Mihaela PACESILA

2006-01-01

Full Text Available Global economy underwent profound changes in the last fifteen years, whichdetermined the appearance of a new economy – the knowledge economy.This economy is the result of the knowledge revolution, which gets a greaterand greater importance. Knowledge development is also very important inpublic sector. The knowledge society and its impact in public sectordevelopment is a critical area of study. The knowledge economy in publicsector requires the utilization of the knowledge in order to improve thetransparence, the services delivering to the citizens, for a bettercommunication with the citizens/users/clients and in order to improve theknowing degree of their needs. The transition to the knowledge economy inpublic sector has to take place in a decentralized, non-bureaucratic, cataliticand permissive environment, orientated to the results. In the same time, thepublic organizations must become knowledge based organizations, that havethe responsability and the flexibility to achieve the objectives publicly defined.In order to promote efficiently the development in the knowledge economy,the government must facilitate, instead of breaking, the process of economicchanges and modernizations, according as this modifications create newopportuneness and raised revenues. This must become as fast, selectiveand flexible as the economy and the society with which is mostly in contactand it must adopt the political decisions that serve the best the publicinterest.

The Baltics on Their Way towards a Circular Economy

Directory of Open Access Journals (Sweden)

Grigoryan A. A.

2017-10-01

Full Text Available Circular economy has been studied extensively both in Europe and worldwide. It is largely viewed as a potential strategy for societal development, aimed to increase prosperity while reducing dependence on raw materials and energy. Many businesses regard circular economy as a way to enhance economic growth and increase profits. Governments across the world actively engage in the discussion about the benefits of a transition to a circular economy and about its impact on employment, economic growth, and the environment. This paper aims to study the major issues of circular economy, to identify its advantages, and to offer an insight into the transition stage the Baltic States are undergoing today on their way to circular economy. It is stressed that the Baltic countries are not fully using the opportunities offered by a circular economy. For example, Latvia’s, Lithuania’s, and Estonia’s recycling rates are significantly below those of other European countries. The Baltics depend heavily on EU financial support. An increase in funding will contribute to the implementation of circular economy technologies.

China's food economy in the early 21st Century; Development of China's food economy and its impact on global trade and on the EU

NARCIS (Netherlands)

Tongeren, van F.W.; Huang, J.

2004-01-01

Development of Chinese food economy and Chinese agricultural policies. Simulations of future developments in China and in global trade with a model for the Chinese food economy and a model for global trade analysis. Simulation of developments in a 'business as usual' scenario. Assesment of impacts

Survey of employment in the UK wind energy industry

International Nuclear Information System (INIS)

Jenkins, G.

1997-01-01

A survey of employment in the UK wind energy industry has been carried out. It related to the financial years 1993-4 and 1994-5. A questionnaire was sent to all organisations working in wind energy in the UK. Some 249 replies were received. The paper reports on the findings regarding overall employment in the industry, employment in the major sectors of the industry, jobs by type of organisation, the major employers, the location of jobs, and the overall impact on employment in the UK economy. (Author)

Empirical study of the impact of corruption on entrepreneurship in transition economies

OpenAIRE

Duong, Phuong Thanh

2015-01-01

In this study, we attempt to understand the current level of corruption and the development of entrepreneurship in transition economies. Based on that knowledge, we strike to develop concrete empirical results revealing the impacts of corruption on entrepreneurship in these special economies. After that, recommendations to address the issues are proposed. In particular, we focus on promoting structural and institutional reforms emphasizing on the importance of the privatization process. Our i...

GLOBAL CRISIS’ IMPACT UPON THE EMPLOYED NUMBER IN HOSPITALITY INDUSTRY

OpenAIRE

MARIAN ZAHARIA; ANIELA BALACESCU; RODICA MANUELA GOGONEA

2014-01-01

TThe globalization, complex interconnection process of the economies of states, is a reality of the XXI century. However, at the end of the first decade of this century, besides the positive effects of this process, due to the economic interconnections created, it has favored also a rapid propagation of a negative economic phenomenon: the global economic crisis. Its impact significantly influenced the hospitality industry, important component of modern economies. This paper examines over a pe...

The contribution of microbial biotechnology to economic growth and employment creation.

Science.gov (United States)

Timmis, Kenneth; de Lorenzo, Victor; Verstraete, Willy; Ramos, Juan Luis; Danchin, Antoine; Brüssow, Harald; Singh, Brajesh K; Timmis, James Kenneth

2017-09-01

Our communication discusses the profound impact of bio-based economies - in particular microbial biotechnologies - on SDG 8: Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all. A bio-based economy provides significant potential for improving labour supply, education and investment, and thereby for substantially increasing the demographic dividend. This, in turn, improves the sustainable development of economies. © 2017 The Authors. Microbial Biotechnology published by John Wiley & Sons Ltd and Society for Applied Microbiology.

How do macro-level contexts and policies affect the employment chances of chronically ill and disabled people? Part I: The impact of recession and deindustrialization

DEFF Research Database (Denmark)

Holland, Paula; Burström, Bo; Whitehead, Margaret

2011-01-01

Low employment rates of chronically ill and disabled people are of serious concern. Being out of work increases the risk of poverty and social exclusion, which may further damage the health of these groups, exacerbating health inequalities. Macro-level policies have a potentially tremendous impact......, periods of high unemployment have sparked a downward trend in employment for already marginalized groups who did not feel the benefits when the economy improved. Norway and Sweden have been better able to protect the employment of these groups than the United Kingdom and Canada. These contextual...

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

Directory of Open Access Journals (Sweden)

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.

When Government Is No Longer Employer of Choice: What May the Sector Perceptions of Public Managers Be Like after the Economy Recovers?

Science.gov (United States)

Boardman, Craig; Ponomariov, Branco

2012-01-01

In today's economic climate, government is now considered by many to be the "employer of choice." However, employers at all levels of government may eventually lose their recent gains in the war for talent, as the economy improves. Accordingly, it is important to explain how public sector managers viewed the relative advantages and…

Dengue endemic and its impact on the gross national product of BRAZILIAN'S economy.

Science.gov (United States)

Montibeler, Everlam Elias; Oliveira, Daniel Ribeiro de

2018-02-01

In history disease has caused social and economic damage. Dengue is an illness typically found in the tropics that has affected more and more people. In Brazil, according to the Brazilian Institute of Geography and Statistics (IBGE), in 2013 at least 12.9% of the population (25.8 million) reported already having had dengue in their life. So, how wide are the economic impacts that dengue's contagion has on the gross national product? Using Leontief's method, it became possible to estimate the direct and indirect impact on the workforce and output by one country. Workforce absenteeism reduced the national productiveness and welfare state where we found maximum inoperability of 0.027% and a minimum of 0.002%. This paper develops a methodology for estimation of the impact dengue has incurred in each sector of an economy; designing a ranking with sectors that have been more affected and forecasting the propagation of the endemic throughout a region. This research measures the impact of dengue on economy, the result was that the total loss of the Brazilian economy in 2013 was around BRL 1,023,174,876.83; the importance of 0.02% of the Gross Domestic Product. Copyright © 2017 Elsevier B.V. All rights reserved.

Impact of human wildlife conflict on socio-economy of support zone ...

African Journals Online (AJOL)

Impact of human wildlife conflict on socio-economy of support zone ... who mostly dependent on natural resources of their immediate environment. ... Most of the victims attack and kill the animals as a management method in both communities.

A Simple Forecasting Model Linking Macroeconomic Policy to Industrial Employment Demand.

Science.gov (United States)

Malley, James R.; Hady, Thomas F.

A study detailed further a model linking monetary and fiscal policy to industrial employment in metropolitan and nonmetropolitan areas of four United States regions. The model was used to simulate the impacts on area and regional employment of three events in the economy: changing real gross national product (GNP) via monetary policy, holding the…

Modeling the impact of air transport on the economy - practices, problems and prospects

Directory of Open Access Journals (Sweden)

Sonia Huderek-Glapska

2016-03-01

Full Text Available Background: The issue of measuring the contribution of air transport to the regional economy is very important nowadays since many airport infrastructure projects are being implemented, using available European Union funds. As a result of growing transport needs and increasing incomes among the population, the air transport market is strongly developing.  This development results to many direct and indirect socio-economic benefits to locations in close proximity of an airport but also in the whole economy. The measurement of these benefits is important because the decisions made with respect to air transport influence local and regional economic performance. The most commonly used tool for measuring the positive effects associated with the operation of an airport is the input-output analysis. The aim of the article is to present the characteristics of the input-output method, to indicate its applications in Poland - the country with the most dynamic growth of air transport, to present the possible limitations of this method and propose improvements. Methods: The method used in this research is one that measures the effects of changes in the economy as a result of air transport activity. Particular input-output analysis is used. Results: On the background of the results of modeling the impact of polish airport on regional economy in 2009 the updated analysis in 2012 is provided. The economic impacts of Krakow, Katowice, Wroclaw and Szczecin airports are estimated. Then the limitations of input-output method are presented and suggestions of possible improvements are made. Comments: Proper measurement of the impact of airport's operation and investment on the economy, leads to more effective air transport policy development. For future research, the advanced input-output method to assess the positive impact of airports on regional development is recommended. However, a comprehensive assessment of the operation and expansion of airport

The impacts of carbon tax and complementary policies on Chinese economy

International Nuclear Information System (INIS)

Lu, Chuanyi; Tong, Qing; Liu, Xuemei

2010-01-01

Under the pressure of global warming, it is imperative for Chinese government to impose effective policy instruments to promote domestic energy saving and carbon emissions reduction. As one of the most important incentive-based policy instruments, carbon tax has sparked a lively controversy in China. This paper explores the impact of carbon tax on Chinese economy, as well as the cushion effects of the complementary policies, by constructing a dynamic recursive general equilibrium model. The model can describe the new equilibrium for each sequential independent period (e.g. one year) after carbon tax and the complementary policies are imposed, and thus describe the long-term impacts of the policies. The simulation results show that carbon tax is an effective policy tool because it can reduce carbon emissions with a little negative impact on economic growth; reducing indirect tax in the meantime of imposing carbon tax will help to reduce the negative impact of the tax on production and competitiveness; in addition, giving households subsidy in the meantime will help to stimulate household consumptions. Therefore, complementary policies used together with carbon tax will help to cushion the negative impacts of carbon tax on the economy. The dynamic CGE analysis shows the impact of carbon tax policy on the GDP is relatively small, but the reduction of carbon emission is relatively large. (author)

Impact of global financial crisis on the economy of Ukraine

OpenAIRE

Turko, Vasyl; Mukan, Andriy

2013-01-01

Thе primary concern of this research is to examine the impact of the global financial crisis on the economy of Ukraine. The principal result of this research is to identify the main causes and levers of that influence. The study proposes a new way out of economic crisis in Ukraine.

Economy of education: National and global aspects

Directory of Open Access Journals (Sweden)

Oksana Ishchenko-Padukova

2017-12-01

Full Text Available Our paper focuses on the national economy of education. We assume that under the current conditions of the globalized world, the economy of education reveals its two-fold nature: on the one hand, it represents an element of the national economic system, and on the other, it is also a structural component of the global education system. Therefore, national economy of education is shaped up by both internal and external factors represented by national and international influences. We analyze here the functional composition and the methods of legal regulation of the economy of education under the conditions and provisions of the global geopolitical transformations. In addition, we use the empirical model of returns to education for showing the factors that impact the employability of young graduates at the labor market. Our results confirm the importance of education for achieving higher levels of income, both nationally and internationally. Finally, we come to the conclusion that its target function consists of the global promotion of national education and consolidation of national competitive position within the world education space.

Gig economy, rating, labour relationship

Directory of Open Access Journals (Sweden)

Gemma Pacella

2017-04-01

Full Text Available In the era of gig economy, the job performance is now influenced by the customer rating system. A new London’s Employment Tribunal judgment approaches the Uber London issue focusing also on customer feedback. Since drivers are qualified as workers, not self-employed, as the English Court ruled on, this article tooks a position about on-line feedback incidence on job relationship. Referring to customer’s opinion, the employer exercises control on services performed by each worker, whereas Italian Legal System bounds it, within the meaning of article 4 of Worker’s Statutory. On the other hand, the customer rating can be considered as a type of control on the business organization, in observance of limits established by the same article.Moreover, the paper’s purpose is to inquire about the feedback positive impact on workers: customer satisfaction could provide business bonus, or it could become an evidence against employer in a court case.

The impact of regulatory approaches targeting collaborative economy in the tourism accommodation sector::Barcelona, Berlin, Amsterdam and Paris

OpenAIRE

Dredge, Dianne; Gyimóthy, Szilvia; Birkbak, Andreas; Jensen, Torben Elgaard; Madsen, Anders Koed

2016-01-01

This paper has been commissioned by the European Commission’s DG GROWTH to examine the impact of regulatory approaches targeting collaborative economy in the tourism accommodation sector in the cities of Barcelona, Berlin, Amsterdam and Paris. In relation to tourism, the growth of the collaborative economy peer-to-peer accommodation sector has significant impacts for traditional tourism industry structures and relationships. The growth of the collaborative economy peer-to-peer accommodation m...

The rise of the BRIC countries and its impact on the Dutch economy

Energy Technology Data Exchange (ETDEWEB)

Groot, S.P.Y.; De Groot, H.L.F.; Lejour, A.M.; Moehlmann, J.

2011-11-15

In an earlier study, we already looked at the impact of the emergence of China and India on the Dutch economy. Only five years ago, we found that the share of China in total Dutch trade had more than doubled between 2000 and 2005. The speed at which change is taking place and the changes within the production sector call for a new assessment. The need for information is illustrated even further by the highly turbulent developments during the financial crisis, particularly in relation to trade. To provide a more general overview, we include Russia and Brazil in our analysis, while we occasionally present figures for a selection of other developing economies. Moreover, this analysis extends the previous studies by analyzing trade in goods and services and trade at the firm level, and by focusing more explicitly on foreign direct investments. Chapter 2 presents the stylized facts of the BRIC countries and the Netherlands, followed by a characterization of the economic developments in the BRIC countries since the 1980s. We present a decomposition of their economic growth and assess the importance of these factors for future growth. Chapter 3 discusses the development of goods and services trade and FDI between the BRIC countries and the Netherlands. This section compares and analyzes developments across several dimensions: international trade of goods and services at the macro level and product group level and foreign direct investment. The strong exporting sectors of these countries are compared and also the technological and human capital content of their products. Chapter 4 analyses trade and foreign investment decisions of Dutch firms. The aim is to understand the development of trade and FDI at a deeper level and to spot possible barriers with respect to bilateral trade and investment. Chapter 5 focuses on the macroeconomic impact of the emerging BRIC countries. We assess the impact on employment, value added and the price level in the Netherlands. Chapter 6 will

The rise of the BRIC countries and its impact on the Dutch economy

International Nuclear Information System (INIS)

Groot, S.P.Y.; De Groot, H.L.F.; Lejour, A.M.; Moehlmann, J.

2011-11-01

In an earlier study, we already looked at the impact of the emergence of China and India on the Dutch economy. Only five years ago, we found that the share of China in total Dutch trade had more than doubled between 2000 and 2005. The speed at which change is taking place and the changes within the production sector call for a new assessment. The need for information is illustrated even further by the highly turbulent developments during the financial crisis, particularly in relation to trade. To provide a more general overview, we include Russia and Brazil in our analysis, while we occasionally present figures for a selection of other developing economies. Moreover, this analysis extends the previous studies by analyzing trade in goods and services and trade at the firm level, and by focusing more explicitly on foreign direct investments. Chapter 2 presents the stylized facts of the BRIC countries and the Netherlands, followed by a characterization of the economic developments in the BRIC countries since the 1980s. We present a decomposition of their economic growth and assess the importance of these factors for future growth. Chapter 3 discusses the development of goods and services trade and FDI between the BRIC countries and the Netherlands. This section compares and analyzes developments across several dimensions: international trade of goods and services at the macro level and product group level and foreign direct investment. The strong exporting sectors of these countries are compared and also the technological and human capital content of their products. Chapter 4 analyses trade and foreign investment decisions of Dutch firms. The aim is to understand the development of trade and FDI at a deeper level and to spot possible barriers with respect to bilateral trade and investment. Chapter 5 focuses on the macroeconomic impact of the emerging BRIC countries. We assess the impact on employment, value added and the price level in the Netherlands. Chapter 6 will

Financial Crisis, openness of the economy and the financial performance of Jordanian listed banks: analytical study

Directory of Open Access Journals (Sweden)

Ali Mustafa Abdullah Al Qudah, Dr.

2014-06-01

Full Text Available This study examined the impact of the world financial crisis and openness of the economy on the financial performance of Jordanian listed banks through the period 2005-2008. Panel data analysis is employed to examine study hypotheses. The results showed that the world financial crisis has a negative and significant impact on the financial performance measured by return on assets, return on equity, earning per share, market share prices, and market value while it has a positive but not significant impact on dividend yields. The study also found that openness of the economy has a positive and significant impact on the financial performance of Jordanian listed banks.

Impact of non-petroleum vehicle fuel economy on GHG mitigation potential

International Nuclear Information System (INIS)

Luk, Jason M; Saville, Bradley A; MacLean, Heather L

2016-01-01

The fuel economy of gasoline vehicles will increase to meet 2025 corporate average fuel economy standards (CAFE). However, dedicated compressed natural gas (CNG) and battery electric vehicles (BEV) already exceed future CAFE fuel economy targets because only 15% of non-petroleum energy use is accounted for when determining compliance. This study aims to inform stakeholders about the potential impact of CAFE on life cycle greenhouse gas (GHG) emissions, should non-petroleum fuel vehicles displace increasingly fuel efficient petroleum vehicles. The well-to-wheel GHG emissions of a set of hypothetical model year 2025 light-duty vehicles are estimated. A reference gasoline vehicle is designed to meet the 2025 fuel economy target within CAFE, and is compared to a set of dedicated CNG vehicles and BEVs with different fuel economy ratings, but all vehicles meet or exceed the fuel economy target due to the policy’s dedicated non-petroleum fuel vehicle incentives. Ownership costs and BEV driving ranges are estimated to provide context, as these can influence automaker and consumer decisions. The results show that CNG vehicles that have lower ownership costs than gasoline vehicles and BEVs with long distance driving ranges can exceed the 2025 CAFE fuel economy target. However, this could lead to lower efficiency CNG vehicles and heavier BEVs that have higher well-to-wheel GHG emissions than gasoline vehicles on a per km basis, even if the non-petroleum energy source is less carbon intensive on an energy equivalent basis. These changes could influence the effectiveness of low carbon fuel standards and are not precluded by the light-duty vehicle GHG emissions standards, which regulate tailpipe but not fuel production emissions. (letter)

Employment, energy, and economic growth in Australia

Energy Technology Data Exchange (ETDEWEB)

Andrews, J

1979-09-01

The author examines the complex relationships between energy use, employment opportunities, and economic growth as they apply to the Australian economy and concludes that state and federal governments should collaborate to analyze the employment impacts of the various energy strategies. He sees the need for changes in the political and economic environment as well as in the way energy is used before Australia can return to full employment. While low or zero energy growth policies would not, by themselves, solve the unemployment problem, most new jobs have been created in the labor-intensive service industries. 25 references. (DCK)

The Impact of Granting Market Economy Status to China on Antidumping Duties and Imports: The Case of Korea

Directory of Open Access Journals (Sweden)

Soonchan Park

2006-12-01

Full Text Available The Korean government has officially recognized China as a full market economy. This paper investigates the impact of grantingThe Korean government has officially recognized China as a full market economy. This paper investigates the impact of granting market economy status to China on antidumping (AD duties and imports. With regard to non-market economies (like China, it is presumed that prices and costs are influenced by state interference and, therefore, authorities use prices and costs from a third party economy to construct normal values. This, however, leads to higher dumping margins. This paper examines the use of Non-Market Economy (NME on dumping margins and statistical analysis finds that NME, in fact, raises margins by 18.7∼27.3%. Furthermore, the imposition of AD duties significantly restrains trade; for example, a 10% AD duty causes imports to fall by about 1.5~3.4%.

The impact of DOE building technology energy efficiency programs on U.S. employment, income, and investment

International Nuclear Information System (INIS)

Scott, Michael J.; Roop, Joseph M.; Schultz, Robert W.; Anderson, David M.; Cort, Katherine A.

2008-01-01

The U.S. Department of Energy's Office of Energy Efficiency and Renewable Energy (EERE) analyzes the macroeconomic impacts of its programs that are designed to increase the energy efficiency of the U.S. residential and commercial building stock. The analysis is conducted using the Impact of Sector Energy Technologies (ImSET) model, a special-purpose 188-sector input-output model of the U.S. economy designed specifically to evaluate the impacts of energy efficiency investments and saving. For the analysis described in the paper, ImSET was amended to provide estimates of sector-by-sector capital requirements and investment. In the scenario of the Fiscal Year (FY) 2005 Building Technologies (BT) program, the technologies and building practices being developed and promoted by the BT program have the potential to save about 2.9 x 10 15 Btu in buildings by the year 2030, about 27% of the expected growth in building energy consumption by the year 2030. The analysis reported in the paper finds that, by the year 2030, these savings have the potential to increase employment by up to 446,000 jobs, increase wage income by $7.8 billion, reduce needs for capital stock in the energy sector and closely related supporting industries by about $207 billion (and the corresponding annual level of investment by $13 billion), and create net capital savings that are available to grow the nation's future economy

The impact of remittances outflows on the economy of Poland

OpenAIRE

LASTOVETSKA ROKSOLANA ORESTIVNA

2015-01-01

The impact of remittances outflows on the economy of Poland is analyzed in the article. Based on historical data the vector autoregression model (VAR) was built to examine the effects of the sharp rise in the volume of remittances outflows. The model results are presented for the next macroeconomic indicators: GDP, inflation, interest rate and exchange rate.

Role of Rural Nonfarm Employment in Philippine Development

OpenAIRE

Reyes, Edna A.

1991-01-01

This study analyzes the nature and role of rural nonfarm employment in development. It also traces the growth of nonfarm activities in the Philippines and determines the extent of their contribution to the transformation of the rural sector. In particular, it describes the structure of nonfarm activities in the rural sector and how this structure changes overtime. It also assesses the impact of nonfarm employment on the rural economy interms of changes in the structure of labor utilization, p...

The Capital Market and Performance of the Nigerian Economy: A ...

African Journals Online (AJOL)

A vibrant capital market plays a crucial role in promoting the growth and development of the economy. This study examined the performance of the capital market and its impact on the economic growth of Nigeria. Using a time series data covering a period of 26 years (1985–2010) and employing the econometric tool of ...

The Impact of Chinese FDI on Employment Generation in the Building and Construction Sector of Ghana

Directory of Open Access Journals (Sweden)

Kwasi Boakye – Gyasi

2015-07-01

Full Text Available One of the major concerns of governments in Africa in general and Ghana in particular is unemployment and underemployment. Most developing countries especially African countries compete to attract foreign direct investment (FDI into their economies with the desire of improving employment level and securing a sustainable development leading to economic growth. In view of this, the creation of jobs for the unemployed and technology transfer through Chinese investments has become complementary since Chinese FDI can be an important source for employment, economic growth and transformation processes. This study focuses on the contribution of China’s FDI on employment generation in the building and construction sector of Ghana. By using a robust regression model, the results show that, Chinese FDI flows on employment through direct effects on building and construction sector of Ghana have positive and significance on employment growth. This means that, Chinese FDI contributes to an efficient workforce which benefits an economy from high productivity and leads to growth in individual household incomes.

Transaction component of exogenous factors of influence upon employment under conditions of globalisation of economy

Directory of Open Access Journals (Sweden)

Glushach Anna V.

2013-03-01

Full Text Available The goal of the article lies in identification of influence of globalisation upon efficiency of financial and loan instruments that ensure regulation and stimulation of employment and the role of transaction costs in these processes. To achieve the goal, the article shows how globalisation processes, which take place in the sphere of the financial sector, influence the real economy and employment of the population, identifies positive and negative sides of this influence. The article conducts analysis of causes and effects of the financial and economic crisis from the point of view of the theory of transaction costs, in the process of which the role of specific types of these costs in the processes that took place was ascertained. In the course of the study the article reveals negative influence of the growing disproportion between the public and private transaction costs of the risks of financial and economic instability, especially in the countries with the transformation economy, and justifies the necessity of stabilising mechanisms of the international financial market with the aim of elimination of the marked transaction disproportions such as introduction of a special tax on financial transactions or establishment of the double currency course: less flexible – for servicing trading operations, and more flexible – for regulation of financial flows. Studies of negative effects of integration processes allowed formation of directions of the state policy, which would prevent dangerous consequences of interference of the foreign capital with the financial sector and would protect the Ukrainian labour market from influence of negative effects of integration processes.

Institutionalized Employer Collective Action

DEFF Research Database (Denmark)

Ibsen, Christian Lyhne; Navrbjerg, Steen Erik

2016-01-01

Recent studies show that employer associations continue to exist in new ways despite internationalisation of the economy, liberalisation of markets and the decline of trade unions. This paradox raises two questions regarding EOs in today’s labour markets: Which employers join employer associations...... and what kind of services do EOs offer employers? This article explores these questions using two comprehensive surveys on EOs in Denmark – a prominent case of coordinated market economies. The main finding of the analyses is that collective activities vis-à-vis trade unions and government are still...

IMPACT OF INFLATION ON PER CAPITA INCOME IN EMERGING ECONOMIES: EVIDENCE FROM BRICS NATIONS

Directory of Open Access Journals (Sweden)

Khalid Ashraf CHISTI

2015-12-01

Full Text Available In this paper an attempt has been made to analyse the impact of Inflation on per capita income of emerging economies. In order to achieve the objective of the study the researchers have taken five major emerging countries of the world which are the members of BRICS. For the purpose of analysis, the data of thirteen years has been taken from 1999 to 2011. After employing the regression model, the results confirm that independent variable (inflation does not statistically influence the dependent variable (Per Capita Income in three countries which are India, Brazil and South Africa. However, in the other two countries (China and Russia the findings affirm the independent variable (Inflation does statistically influence the dependent variable (Per Capita Income.Therefore, it can be concluded that a change in the inflation rate can not necessarily bring a change in the per capita income of a country.

Malaysia Transitions toward a Knowledge-Based Economy

Science.gov (United States)

Mustapha, Ramlee; Abdullah, Abu

2004-01-01

The emergence of a knowledge-based economy (k-economy) has spawned a "new" notion of workplace literacy, changing the relationship between employers and employees. The traditional covenant where employees expect a stable or lifelong employment will no longer apply. The retention of employees will most probably be based on their skills…

Employment, Social Networks and Undocumented Migrants: The Employer Perspective

Science.gov (United States)

Bloch, Alice; McKay, Sonia

2015-01-01

This article draws on data from qualitative interviews with ethnic enclave and ethnic economy business entrepreneurs from Chinese, Bangladeshi and Turkish-speaking communities in London. Routes into business and worker recruitment practices are explored, demonstrating the centrality of social capital in the form of family and other social networks within these processes. The article investigates what employers consider the desirable characteristics of workers: trust, kinship, gender, social networks, language compatibility and the needs of the business intersect with racialised notions of workers’ strengths and characteristics. Finally, we consider changing practices in relation to the employment of undocumented migrants, in the context of an increasingly punitive legislative regime. The complex and variable impact of policy alongside the ways in which other obligations and positions outweigh the fear and risks of sanctions associated with non-compliance is revealed. PMID:25866421

Background Study on Employment and Labour Market in Hungary.

Science.gov (United States)

Horvath, Reka; Abraham, Arpad; Horvath, Tibor; Kopeczi-Bocz, Tamas

Most deficiencies of the Hungarian labor market emerge from a combination of the transition crisis and special features of the economy or transition process. The most crucial labor market problem is low employment. Negative impacts are high taxation and social security contributions; reduced investment, job creation, and economic growth; and…

Regional energy rebound effect: The impact of economy-wide and sector level energy efficiency improvement in Georgia, USA

International Nuclear Information System (INIS)

Yu, Xuewei; Moreno-Cruz, Juan; Crittenden, John C.

2015-01-01

Rebound effect is defined as the lost part of ceteris paribus energy savings from improvements on energy efficiency. In this paper, we investigate economy-wide energy rebound effects by developing a computable general equilibrium (CGE) model for Georgia, USA. The model adopts a highly disaggregated sector profile and highlights the substitution possibilities between different energy sources in the production structure. These two features allow us to better characterize the change in energy use in face of an efficiency shock, and to explore in detail how a sector-level shock propagates throughout the economic structure to generate aggregate impacts. We find that with economy-wide energy efficiency improvement on the production side, economy-wide rebound is moderate. Energy price levels fall very slightly, yet sectors respond to these changing prices quite differently in terms of local production and demand. Energy efficiency improvements in particular sectors (epicenters) induce quite different economy-wide impacts. In general, we expect large rebound if the epicenter sector is an energy production sector, a direct upstream/downstream sector of energy production sectors, a transportation sector or a sector with high production elasticity. Our analysis offers valuable insights for policy makers aiming to achieve energy conservation through increasing energy efficiency. - Highlights: • We developed a CGE model to investigate economy-wide energy rebound in Georgia, USA. • The CGE model has detailed treatment for different energy inputs for production. • The model has a highly disaggregated sector profile helpful for policy making. • We compared the economy-wide impact shocks in different epicenter sectors. • We analyzed why epicenters generate dramatically different economy-wide impacts.

75 FR 24967 - Andean Trade Preference Act: Impact on the U.S. Economy and on Andean Drug Crop Eradication

Science.gov (United States)

2010-05-06

... Preference Act: Impact on the U.S. Economy and on Andean Drug Crop Eradication. DATES: June 24, 2010... INTERNATIONAL TRADE COMMISSION [Investigation No. 332-352] Andean Trade Preference Act: Impact on the U.S. Economy and on Andean Drug Crop Eradication AGENCY: United States International Trade...

77 FR 31039 - Andean Trade Preference Act: Impact on the U.S. Economy and on Andean Drug Crop Eradication

Science.gov (United States)

2012-05-24

.... 332-352, Andean Trade Preference Act: Impact on the U.S. Economy and on Andean Drug Crop Eradication... INTERNATIONAL TRADE COMMISSION [Investigation No. 332-352] Andean Trade Preference Act: Impact on the U.S. Economy and on Andean Drug Crop Eradication AGENCY: United States International Trade...

Evaluating the Mechanism of Oil Price Shocks and Fiscal Policy Responses in the Malaysian Economy

International Nuclear Information System (INIS)

Bekhet, Hussain A; Yusoff, Nora Yusma Mohamed

2013-01-01

The paper aims to explore the symmetric impact of oil price shock on economy, to understand its mechanism channel and how fiscal policy response towards it. The Generalized Impulse Response Function and Variance Decomposition under the VAR methodology were employed. The empirical findings suggest that symmetric oil price shock has a positive and direct impact on oil revenue and government expenditure. However, the real GDP is vulnerable in a short-term but not in the long term period. These results would confirm that fiscal policy is the main mechanism channel that mitigates the adverse effects oil price shocks to the economy.

Evaluating the Mechanism of Oil Price Shocks and Fiscal Policy Responses in the Malaysian Economy

Science.gov (United States)

Bekhet, Hussain A.; Yusoff, Nora Yusma Mohamed

2013-06-01

The paper aims to explore the symmetric impact of oil price shock on economy, to understand its mechanism channel and how fiscal policy response towards it. The Generalized Impulse Response Function and Variance Decomposition under the VAR methodology were employed. The empirical findings suggest that symmetric oil price shock has a positive and direct impact on oil revenue and government expenditure. However, the real GDP is vulnerable in a short-term but not in the long term period. These results would confirm that fiscal policy is the main mechanism channel that mitigates the adverse effects oil price shocks to the economy.

The impact of oil-price shocks on Hawaii's economy: A case study using vector autoregression

International Nuclear Information System (INIS)

Gopalakrishnan, C.; Tian, X.; Tran, D.

1991-01-01

The effects of oil-price shocks on the macroeconomic performance of a non-oil-producing, oil-importing state are studied in terms of Hawaii's experience (1974-1986) using Vector Autoregression (VAR). The VAR model contains three macrovariables-real oil price, interest rate, and real GNP, and three regional variable-total civilian labor force, Honolulu consumer price index, and real personal income. The results suggested that oil-price shock had a positive effect on interest rate as well as local price (i.e., higher interest and higher local price), but a negative influence on real GNP. The negative income effect, however, was offset by the positive employment effect. The price of oil was found to be exogenous to all other variables in the system. The macrovariables exerted a pronounced impact on Hawaii's economy, most notably on consumer price

The Impact of Regional and Sectoral Productivity Changes on the U.S. Economy

OpenAIRE

Caliendo, Lorenzo; Parro, Fernando; Rossi-Hansberg, Esteban; Sarte, Pierre-Daniel

2014-01-01

We study the impact of regional and sectoral productivity changes on the U.S. economy. To that end, we consider an environment that captures the effects of interregional and intersectoral trade in propagating disaggregated productivity changes at the level of a sector in a given U.S. state to the rest of the economy. The quantitative model we develop features pairwise interregional trade across all 50 U.S. states, 26 traded and non-traded industries, labor as a mobile factor, and structures a...

The Impact of Military Conflicts on National Economies of the Post-Socialist Space Countries

Directory of Open Access Journals (Sweden)

Ievdokymov Viktor V.

2017-04-01

Full Text Available The article is concerned with studying the impact of military conflicts on the national economies. The study is aimed at assessing sensitivity of the key macroeconomic indicators (GDP, share of military spending in the GDP, and unemployment rate to the military actions, which evolved on the territory of the former USSR countries (Azerbaijan, Georgia, Moldova, Russia, Tajikistan until 2013. According to the results of generalization of publications on this topic three states of the national economy in relation to military conflicts were allocated: the peace-time economy, the war economy, the post-conflict economy. A reduced financing for the defense sector and rising unemployment in the first post-war years, as well as a gradual increase in the GDP on completion of the military actions in the countries under consideration, have been identified. Some attention was paid to the macroeconomic situation and the State policy in the sphere of national security and defense of Ukraine prior to 2014.

Women Employment in The New Economy: Clouds and Some Sunshine

OpenAIRE

Mukherjee, Dipa

2008-01-01

The last decade has witnessed greater participation of women in the labour market, especially in new arenas of economic activity. While opportunities have increased, traditional biases against women still exist, both while accepting women as workers and while wage setting. This paper explores the gender bias in the new economy in India and examines what part of it can be explained by differences in endowments and what part is due to discrimination. The New Economy has been identified in terms...

Observing Impact of SAFTA on Pakistan’s Economy by Using CGE Model

Directory of Open Access Journals (Sweden)

F.M.Shaikh (Corresponding Author

2012-06-01

Full Text Available The aim of this paper is to quantify and analyze the relative impact of South Asian Free Trade Agreement (SAFTA over the global economic welfare. This research analyzes the potential economic costs and benefits of Pak-India trade in exporting various consumer goods. The first scenario is when normal trading relation with India will berestored, it means that both countries will give the MFN (Most Favored Nations status to each other. In the second scenario, the SAFTA will be operative and there will be free trade between India and Pakistan and both countries will remove all tariffs and customduties from each others’ imports. The Global trade analysis GTAP model is used to analyze the possible impact of SAFTA on Pakistan in a multi country, multi sector applied General equilibrium frame work. After employing the simplified static analysis framework, the analysis based on simulations reveals that current demand for Pakistani dates and other consumer items like leather and cotton-made garments will expand after the FTA and consumer surplus will increase. The drop in the domestic prices of dates will increase the production of many downstream industries, which will have pleasantmultiplier effects on the economy of Pakistan. The government may reduce MFN tariffs on industrial dates before implementing the FTA. A key rule of multilateral trade system is that the reduction in trade barriers should be applied on a most-favored nation basis (MFN to all WTO members. The only exception to the MFN principle built into the GATT legal framework is the provision for reciprocal free trade within customs unions and free trade areas (GATT article XXIV. The objectives of the present study are to analyze and quantify the potential economic cost and benefits of the prospective tradebetween India and Pakistan to consumers, producers and government of the two countries. The export of Dried dates, leather and cotton-made garments may be conducted by two scenarios, i

Intergenerational and international welfare leakages of a tariff in a small open economy

NARCIS (Netherlands)

Bettendorf, Leon J.H.; Heijdra, Ben J.

1999-01-01

A dynamic overlapping-generations model of a small open economy with imperfect competition in the goods market is constructed. A tariff increase reduces output and employment and leads to an appreciation of the real exchange rate both in the impact period and in the new steady state. The tariff

Impacts of energy subsidy reform on the Malaysian economy and transportation sector

International Nuclear Information System (INIS)

Solaymani, Saeed; Kari, Fatimah

2014-01-01

Malaysia is paying a high level of subsidies on the consumption of energy (about 5% of its GDP). Therefore, reforming the energy subsidies, as planned by the government, will have a significant impact on household welfare and energy-intensive sectors, such as the transport sector. This study employs a computable general equilibrium (CGE) model to highlight the transmission channels through which the removal of energy subsidies affects the domestic economy. The findings show that the shock increases real GDP and real investment, while decreasing Malaysian total exports and imports. The removal of energy subsidies also decreases the aggregate energy demand, and, consequently, decreases the level of carbon emissions in the Malaysian economy. In addition, households experience significant falls in their consumption and welfare. The transport sector is significantly influenced through an increase in production costs due to an increase in the prices of intermediate inputs. The total output and total exports of the whole transport sector decrease while its imports increase. In addition, the use of all kinds of transport by households decreases significantly. The Malaysian energy subsidy reform, leads to an initial decrease in CO 2 emissions and demand for electricity, gas, and petroleum products in the entire transport sector. - Highlights: • Malaysia pays a high level of subsidy on consumption of energy. • The transportation sector in this country is the highest energy consumer among others. • A general equilibrium model used to analyse the effects of energy subsidy reform. • The shock increases real GDP and decreases energy and carbon emission in this sector. • It is not beneficial for the transport sector as decreases the output of this sector

The impact of diabetes on employment in Mexico.

Science.gov (United States)

Seuring, Till; Goryakin, Yevgeniy; Suhrcke, Marc

2015-07-01

This study explores the impact of diabetes on employment in Mexico using data from the Mexican Family Life Survey (MxFLS) (2005), taking into account the possible endogeneity of diabetes via an instrumental variable estimation strategy. We find that diabetes significantly decreases employment probabilities for men by about 10 percentage points (pdiabetes being endogenous. Further analysis shows that diabetes mainly affects the employment probabilities of men and women above the age of 44 and also has stronger effects on the poor than on the rich, particularly for men. We also find some indication for more adverse effects of diabetes on those in the large informal labour market compared to those in formal employment. Our results highlight--for the first time--the detrimental employment impact of diabetes in a developing country. Copyright © 2015 Elsevier B.V. All rights reserved.

Finnish economy and alternatives available to the forest sector

International Nuclear Information System (INIS)

Maeenpaeae, I.; Maennistoe, J.

1993-01-01

The effects of the development of the forest sector on the development trends of Finnish national economy are analysed in this report. The analysis extends to the year 2005. Factors taken as indicators of the economic development are gross national product, total exports, employment, energy and carbon dioxide emissions. The impact analyses were performed using the FMS model system which contains a multi-branch econometric simulation model which can be used to provide a long-term analysis of the national economy. A disaggregated forest economy sector was developed for use in the system. The most significant outcome of the forest economy sensitivity analyses was that any expansion in highly refined timber products will contribute more profoundly to the expansion of the entire economy than chemical wood processing could, as the capital investments required by the latter tend to absorb and replace other economic activities. As far as comprehensive development scenarios are concerned, only small-scale effects were observed in the case of the gross national product, due to the replacement effect. On the other hand, expansion was predicted to have a profound effect on energy consumption and carbon dioxide emissions in the country's total economy, particularly as regards the extreme scenarios (12 refs., 6 tabs., 1 fig.)

Case studies of transportation investment to identify the impacts on the local and state economy.

Science.gov (United States)

2013-01-01

This project provides case studies of the impact of transportation investments on local economies. We use multiple : approaches to measure impacts since the effects of transportation projects can vary according to the size of a : project and the size...

Impact of Friction Reduction Technologies on Fuel Economy for Ground Vehicles

Science.gov (United States)

2009-08-13

UNCLAS: Dist A. Approved for public release IMPACT OF FRICTION REDUCTION TECHNOLOGIES ON FUEL ECONOMY FOR GROUND VEHICLES G. R. Fenske , R. A. Erck...PROGRAM ELEMENT NUMBER 6. AUTHOR(S) G.R. Fenske ; R.A. Erck; O.O. Ajayi; A. Masoner’ A.S. Confort 5d. PROJECT NUMBER 5e. TASK NUMBER 5f. WORK UNIT

Simulating the impact of new industries on the economy : The case of biorefining in Australia

NARCIS (Netherlands)

Malik, Arunima; Lenzen, Manfred; Ely, Romulo Neves; Dietzenbacher, Erik

2014-01-01

We investigate the economic and employment consequences of introducing a new sugarcane-based biofuel industry into Australia. We model the new biofuel industry on the production recipe of the existing large-scale gasoalcohol and alcohol sectors in the Brazilian economy. To this end we utilise a

Political economies and environmental futures for the sharing economy

Science.gov (United States)

Frenken, Koen

2017-05-01

The sudden rise of the sharing economy has sparked an intense public debate about its definition, its effects and its future regulation. Here, I attempt to provide analytical guidance by defining the sharing economy as the practice that consumers grant each other temporary access to their under-utilized physical assets. Using this definition, the rise of the sharing economy can be understood as occurring at the intersection of three salient economic trends: peer-to-peer exchange, access over ownership and circular business models. I shortly discuss some of the environmental impacts of online sharing platforms and then articulate three possible futures of the sharing economy: a capitalist future cumulating in monopolistic super-platforms allowing for seamless services, a state-led future that shifts taxation from labour to capital and redistributes the gains of sharing from winners to losers, and a citizen-led future based on cooperatively owned platforms under democratic control. The nature and size of the social and environmental impacts are expected to differ greatly in each of the three scenarios. This article is part of the themed issue 'Material demand reduction'.

The Impact of Real Estate Market in the Albanian Economy

Directory of Open Access Journals (Sweden)

Dorina Kripa

2015-05-01

Full Text Available The real estate market has an important impact on social and economic development of a country, and it involves many aspects which increase the complexity of the impact analysis and often have opposite directions. This can be supported by the fact that real estate is one of the most important items in public spending3, but also in investment expenses in general (this is especially typical for Albania. These expenses are mainly related to infrastructure and accommodation of homeless people by the National Housing Entity. Researchers have studied the relation between the price of real estates with the GDP of a country, concluding that real estate prices and the government policies related to them, do impact the GDP growth, and movements in residential prices can be used to forecast GDP growth. On the other hand, when purchasing a home, individuals use all their savings, or take loans, which constantly cause the reduction of consumption and saving possibilities in order to afford the installments and other loan expenses. So, from this point of view, this investment may have an adverse effect, even on GDP. But, the question we raise in this study is: what impact has the real estate market in Albanian economy? We begin the study by emphasizing the importance of the real estate market, and then we identify key developments related to this market’s financing, price developments and the construction activity, as an important part of the market itself. The study is concluded with a regression analysis on the role the real estate market plays in the Albanian economy.

Cancer and its impact on work among the self-employed: A need to bridge the knowledge gap

NARCIS (Netherlands)

Sharp, L.; Torp, S.; van Hoof, E.; de Boer, A. G. E. M.

2017-01-01

Self-employment-the so-called flexible layer of the economy-has gained importance following the 2007-2008 global economic and financial crisis. In Europe, the self-employed now comprise on average 15% of workers [Eurostat, Labour market and Labour force survey (LFS) statistics, 2016]. Around

A Conceptual Understanding of Employability: The Employers' View in Rwanda

Science.gov (United States)

Bamwesiga, Penelope Mbabazi

2013-01-01

Many governments believe that investing in human capital should increase citizens' employability, which is why it is often presented as a solution to the problems of knowledge-based economies and societies, rising unemployment rates and economic competiveness. The aim of this study is to understand employers' views regarding the employability of…

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

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Sin-Yu Ho

2016-12-01

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

Tobacco-free economy: A SAM-based multiplier model to quantify the impact of changes in tobacco demand in Bangladesh.

Science.gov (United States)

Husain, Muhammad Jami; Khondker, Bazlul Haque

2016-01-01

In Bangladesh, where tobacco use is pervasive, reducing tobacco use is economically beneficial. This paper uses the latest Bangladesh social accounting matrix (SAM) multiplier model to quantify the economy-wide impact of demand-driven changes in tobacco cultivation, bidi industries, and cigarette industries. First, we compute various income multiplier values (i.e. backward linkages) for all production activities in the economy to quantify the impact of changes in demand for the corresponding products on gross output for 86 activities, demand for 86 commodities, returns to four factors of production, and income for eight household groups. Next, we rank tobacco production activities by income multiplier values relative to other sectors. Finally, we present three hypothetical 'tobacco-free economy' scenarios by diverting demand from tobacco products into other sectors of the economy and quantifying the economy-wide impact. The simulation exercises with three different tobacco-free scenarios show that, compared to the baseline values, total sectoral output increases by 0.92%, 1.3%, and 0.75%. The corresponding increases in the total factor returns (i.e. GDP) are 1.57%, 1.75%, and 1.75%. Similarly, total household income increases by 1.40%, 1.58%, and 1.55%.

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

Science.gov (United States)

2017-12-01

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

Impact of the EU-Ukraine Free trade Agreement on the Dutch Economy.

NARCIS (Netherlands)

Oomes, N.; Appelman, R.; Witteman, J.

2017-01-01

We predict the impact of the EU-Ukraine DCFTA on the Dutch economy using an international trade model. We find that, in the long run, the DCFTA could nearly triple Dutch exports to Ukraine and nearly double Dutch imports from Ukraine. These effects are not yet clearly visible in recent trade

Green economy and green jobs; Vihreae talous ja vihreaet tyoet

Energy Technology Data Exchange (ETDEWEB)

Honkasalo, A.

2012-05-15

This report looks at discussions on a green economy and green jobs in international organizations such as the OECD, EU and UNEP. It also studies the structural change in the green economy in Finland and how this change will be brought forward by the year 2050 through low carbon technology and innovations. It draws special attention to how citizens' perception of risks and their development impact the approval and acceptance of climate policies and measures. Finland will continue to be a country that utilises natural resources, and where a large part of its industrial sector will be energy- and material-intensive forest, mining and basic metal industries. The following factors will have an impact on work: Energy production is mainly based on renewable energy sources such as bio-, wind and solar power. Energy and material efficiency are important targets; emissions will decrease also in work places. Repairs and wood-based building will increase; new houses will produce energy. Reuse will increase; former waste disposal sites will function as mines. Organic and GMO foodstuffs will become popular. Electric and hybrid cars will take over the markets. Environmental applications of gene- and nanotechnology will become widely used. Physical workplaces and strictly controlled working times will lose their importance; virtual offices and remote work become popular. Products will be produced to last, with renewable usage in mind, and repair and maintenance of products will become more common. Occupational health and safety issues are of paramount importance especially in bio-energy production, repair and maintenance work, as well as waste management. Especially nano- and biotechnology and hazardous chemicals require careful risk management; the precautionary principle is applied to them. Studies on a green economy and green jobs usually look very positively at the possibilities of creating new jobs through environmental policies. Employment estimates done in the past may

The impact of exchange rate volatility on capital flows in BRICS economies

OpenAIRE

Bonga-Bonga, Lumengo; Gnagne, Pascal Xavier

2017-01-01

This study intends to analyse the impact of exchange rate risk on equity returns and bond yields as well as the volatility spillover between the foreign exchange, equity and bond markets in the BRICS economies. To reach this objective, a multivariate GARCH-M with BEKK specifications is applied on weekly data obtained from Thomson Reuters DataStream. The findings of the paper show that exchange rate volatility has a positive impact on ten-year bond yields in all BRICS countries except in South...

DEVELOPMENT OF E-COMMERCE IN WORLD AND TURKEY AND THE IMPACTS OF MARKETING STRATEGIES IN E-COMMERCE ON TURKEY’S ECONOMY

OpenAIRE

Terzi, Nuray; Gokce, Cemre

2017-01-01

The aim of this study is to investigate thedevelopment of e-commerce and the impact of marketing strategies in e-commerceon economy. Economic indicators is used and and questionnaire method is appliedto analyze the development of e-commerce and the impact of marketing strategiesin e-commerce on economy. Results show that e-commerce is gaining a momentum inthe world and Turkey as well, and e-marketing strategies are positively relatedon economy, both macroeconomic and microeconomic. E-commerce...

Political economies and environmental futures for the sharing economy.

Science.gov (United States)

Frenken, Koen

2017-06-13

The sudden rise of the sharing economy has sparked an intense public debate about its definition, its effects and its future regulation. Here, I attempt to provide analytical guidance by defining the sharing economy as the practice that consumers grant each other temporary access to their under-utilized physical assets. Using this definition, the rise of the sharing economy can be understood as occurring at the intersection of three salient economic trends: peer-to-peer exchange, access over ownership and circular business models. I shortly discuss some of the environmental impacts of online sharing platforms and then articulate three possible futures of the sharing economy: a capitalist future cumulating in monopolistic super-platforms allowing for seamless services, a state-led future that shifts taxation from labour to capital and redistributes the gains of sharing from winners to losers, and a citizen-led future based on cooperatively owned platforms under democratic control. The nature and size of the social and environmental impacts are expected to differ greatly in each of the three scenarios.This article is part of the themed issue 'Material demand reduction'. © 2017 The Authors.

Political economies and environmental futures for the sharing economy

Science.gov (United States)

2017-01-01

The sudden rise of the sharing economy has sparked an intense public debate about its definition, its effects and its future regulation. Here, I attempt to provide analytical guidance by defining the sharing economy as the practice that consumers grant each other temporary access to their under-utilized physical assets. Using this definition, the rise of the sharing economy can be understood as occurring at the intersection of three salient economic trends: peer-to-peer exchange, access over ownership and circular business models. I shortly discuss some of the environmental impacts of online sharing platforms and then articulate three possible futures of the sharing economy: a capitalist future cumulating in monopolistic super-platforms allowing for seamless services, a state-led future that shifts taxation from labour to capital and redistributes the gains of sharing from winners to losers, and a citizen-led future based on cooperatively owned platforms under democratic control. The nature and size of the social and environmental impacts are expected to differ greatly in each of the three scenarios. This article is part of the themed issue ‘Material demand reduction’. PMID:28461431

The Impact of MRA in the IT sector on the Korean Economy

Directory of Open Access Journals (Sweden)

Wankeun Oh

2005-12-01

Full Text Available In this paper, using partial equilibrium models and input-output analyses, we estimate the effects of MRA in the IT sector on the net exports of Korea as well as on the Korean macro economy in the aspects of production, value-added and employment. It is noted that there are significant increases in both net exports and national income, which is mainly made possible by decreases in certification costs and testing costs and hence by final product prices. We show that the MRA with U.S. and/or China has much larger effects on the Korean economy than the MRA with Japan. Among various IT sub-sectors of Korea, the mobile handset industry sector is found out to be the largest beneficiary of MRA. These results make sense in two reasons: U.S. and China are the largest two trade partners of Korea in the IT sector; the mobile handset sector is the largest contributor of exports in Korea.

Women's Declining Employment with Access to Higher Education: Issues and Challenges

Science.gov (United States)

Sangar, Sunita

2014-01-01

Access to higher education opened up avenues for more women workforce in decent employment contributing to the national economy. Government policies/schemes played a significant role in improving this significant indicator of women empowerment. This access also had an impact on their enrolment and choice of subjects but was accompanied by several…

Family life course transitions and rural household economy during China's market reform.

Science.gov (United States)

Chen, Feinian; Korinek, Kim

2010-11-01

This article investigates the effect of family life course transitions on labor allocation strategies in rural Chinese households. We highlight three types of economic activity that involve reallocation of household labor oriented toward a more diversified, nonfarm rural economy: involvement in wage employment, household entrepreneurship, and/or multiple activities that span economic sectors. With the use of data from the China Health and Nutrition Survey (CHNS 1997, 2000, and 2004), our longitudinal analyses of rural household economic activity point to the significance of household demography, life course transitions, and local economic structures as factors facilitating household labor reallocation. First, as expected, a relatively youthful household structure is conducive to innovative economic behavior. Second, household entrances and exits are significant, but their impacts are not equal. Life events such as births, deaths, marriage, or leaving home for school or employment affect household economy in distinctive ways. Finally, the reallocations of household labor undertaken by households are shaped by local economic structures: in particular, the extent of village-level entrepreneurial activity, off-farm employment, and out-migration.

The impact of robotics on employment and motivation of employees in the service sector, with special reference to health care.

Science.gov (United States)

Qureshi, Mohammed Owais; Syed, Rumaiya Sajjad

2014-12-01

The economy is being lifted by the new concept of robotics, but we cannot be sure of all the possible benefits. At this early stage, it therefore becomes important to find out the possible benefits/limitations associated with robotics, so that the positives can be capitalized, established, and developed further for the employment and motivation of employees in the health care sector, for overall economic development. The negatives should also be further studied and mitigated. This study is an exploratory research, based on secondary data, such as books on topics related to robotics, websites, public websites of concerned departments for data and statistics, journals, newspapers and magazines, websites of health care providers, and different printed materials (brochures, etc). The impact of robotics has both positive and negative impacts on the employment and motivation of employees in the retail sector. So far, there has been no substantial research done into robotics, especially in the health care sector. Replacing employees with robots is an inevitable choice for organizations in the service sector, more so in the health care sector because of the challenging and sometimes unhealthy working environments, but, at the same time, the researchers propose that it should be done in a manner that helps in improving the employment and motivation of employees in this sector.

INSTITUTIONAL APPROACHES OF MODERN SOCIO-ECOLOGO-ECONOMIC FORMS OF ECONOMY IN AGRARIAN SECTOR OF ECONOMY OF UKRAINE

Directory of Open Access Journals (Sweden)

O. Pimenova

2014-09-01

Full Text Available Main problems of agrarian sector of economy of Ukraine are revealed. Main directions of development of agriculture of Ukraine are determined. The necessity of socio-ecologo-economic agrarian sector is proved. Tendencies of institutionalization of forms of economy in a system of agrarian relationship were investigated. The necessity of creation of effective system of institutions with an aim of functioning effective and rational forms of economy in agrarian sector of Ukraine, which could provide a balancing of economic, social and ecologic spheres, is confirmed. In the paper is proved the necessity of creation and function of social-ecologo-economic model of agriculture development, where a social-ecologo-economic development is characterized like economic development of rural territories, rural employment in agriculture, the efficiency of employment, ecologo-safe production focused on human needs and etc., on the one side and on the other side is a significant role of rural social capital. Based on the analysis of scientific literature, it's confirmed that development socio-ecologo-economical forms of economy are accompanied with modification of the institutional structure of regulation of agriculture. It's proved that the functioning of effective forms of economy promotes the competitiveness of the agricultural sector of the national economy.

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

International Nuclear Information System (INIS)

García Benavente, José Miguel

2016-01-01

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

Economy-wide impacts of biofuels in Argentina

International Nuclear Information System (INIS)

Timilsina, Govinda R.; Chisari, Omar O.; Romero, Carlos A.

2013-01-01

Argentina is one of the world's largest biodiesel producers and the largest exporter, using soybeans as feedstock. Using a computable general equilibrium model that explicitly represents the biofuel industry, this study carries out several simulations on two sets of issues: (i) international markets for biofuel and feedstock, such as an increase in prices of soybean, soybean oil, and biodiesel, and (ii) domestic policies related to biofuels, such as an introduction of biofuel mandates. Both sets of issues can have important consequences to the Argentinean economy. The simulations indicate that increases in international prices of biofuels and feedstocks would increase Argentina's gross domestic product and social welfare. Increases in international prices of ethanol and corn also can benefit Argentina, but to a lesser extent. The domestic mandates for biofuels, however, would cause small losses in economic output and social welfare because they divert part of biodiesel and feedstock from exports to lower-return domestic consumption. An increase in the export tax on either feedstock or biodiesel also would lead to a reduction in gross domestic product and social welfare, although government revenue would rise. - Highlights: ► Argentina is one of the largest biodiesel producer and exporter using soybeans. ► Economy-wide impacts are assessed using a CGE model for Argentina. ► Policies simulated are feedstock and biodiesel price change, and domestic mandates. ► Increases in international prices of biofuels and feedstock benefit the country. ► Domestic mandates for biofuels cause small losses in economic output

SOCIAL ECONOMY EFFICIENCY

Directory of Open Access Journals (Sweden)

Florina Oana Virlanuta

2015-05-01

Full Text Available The social economy combines profitability with social inclusion. Social innovation is the first step in the creation of a social enterprise. Social economy development is a process underway, innovative in terms of relating the individual to the production processes, the concept of citizenship, production areas and modalities. The concern for sustainable development, analysis of economic and financial crisis, the issue of the relationship between the individual and the production process open up many opportunities for development that can influence public policies on employment and social cohesion.

Globalization of the Indian Economy: Effects on Sectoral/Regional/Employment Realignments

OpenAIRE

Pohit, Sanjib

2003-01-01

Globalization of the Indian industry received significant thrust since July 1991. It is expected that the reforms will be beneficial for growth. Few would deny that there would be transitional costs. The purpose of this paper is to estimate the changes in employment that will be required across sectors, occupation, and regions within India. With regard to the impact on occupational characteristics of employees, our study indicates that the deepening of reforms give a boost primarily to em...

Appraisal of the Impact of e-Banking and Cashless Society in the Nigerian Economy

Directory of Open Access Journals (Sweden)

Umanhonlen O. Felix

2015-09-01

Full Text Available The article appraises the impact of e-banking and cashless society in the Nigerian economy. The study explores various aspects of e-banking and cashless economy using the banking sector of the Nigerian economy as a focal point. Specifically, the paper articulates empirical opinions that highlight the possible ways these policy measures have direct links to beneficiaries and the weighted outcomes when divergence is noticed and how to bring back the soundness, sustainable and rebranding policy that ensures economic growth. The paper holds that for a sustainable cashless society to emerge all hands must be on desk; banks should de-emphasize all odds and ensure that efficiencies of e-banking mechanisms are of utmost priority. It, therefore, recommends that adequate plans be in place to sensitize the general public about the effects and lay down procedures to check possible drawbacks. It, however, concludes by imploring all avenues and reports that relevant agency, service providers, operators, and those who have direct access to information to advocate as timely as when necessary about the implicit needs and benefits behind the cashless economy.

The Impact of Energy Price Decline on China's Energy-Economy-Environment System Variables Using a CGE Model

DEFF Research Database (Denmark)

Guo, Zhengquan; Wang, Daojuan; Chen, Chong

In recent years, prices of coal and crude oil have fallen significantly. These declines have had a large impact on China’s energy-economy-environment system variables. This paper establishes a computable general equilibrium model to systematically analyse the impact of coal price changes alone...... or the decline of both coal and oil prices on the variables of China's energy-economy-environment system. The results of the analysis show that the decline of the coal price alone or of coal and crude oil prices together will lead to a significant increase in demand for either coal and total energy or coal...

Mega-science accelerator projects in China and their impact on economy

International Nuclear Information System (INIS)

Zhang Chuang

2012-01-01

Along with the rapid development of national economy in China, a number of mega-science projects have been or being constructed. In respect to the large accelerator-based projects, the Beijing Electron-Positron Colliders (BEPC) and its upgrading project BEPCⅡ, the Hefei Light Source (HLS), the Heavy Ion Research Facility in Lanzhou (HIRFL) and its Cooling Storage Rings (HIRFL-CSR) and the Shanghai Synchrotron Radiation Facility (SSRF) were successfully constructed and put into operation. The Beijing Radioactive Ion Facility (BRIF) and the China Spallation Neutron Source (CSNS) are under construction. A particle accelerator is an integration of many HI-tech components. In order to reach the scientific goal of an accelerator project, a great deal new technologies need to be developed during its construction and operation and thus speed up technology development and this will positively impact on the economy. In this paper, the mega-science accelerator projects are briefly described and applications of accelerators in the economy are reviewed. The paper emphasizes spin-off of the accelerator technology developed during R and D and construction of the projects. Approaches of collaboration between academia and industry are discussed. With some examples, the benefits experienced in the laboratory-industry collaboration and approach of its economic compact are illustrated. (author)

The Dutch Economy 2009

International Nuclear Information System (INIS)

2010-09-01

In the series 'The Dutch Economy' the Dutch Statistical Office describes and analyzes annual developments in enterprises, households and governments, and with respect to employment and the environment. One of the subjects is 'Economy and Environment' with the sub-topics 'Resources and Energy', 'Emissions' and 'Environmental Taxes'. Furthermore, in articles on specific themes current economic issues are discussed. One of those themes has the title 'Share of renewable energy in the Netherlands is still small'. [nl

The impact of diabetes on employment in Mexico

OpenAIRE

Seuring, Till; Goryakin, Yevgeniy; Suhrcke, Marc

2014-01-01

This study explores the impact of diabetes on employment in Mexico using data from the Mexican Family Life Survey (MxFLS) (2005), taking into account the possible endogeneity of diabetes via an instrumental variable estimation strategy. We find that diabetes significantly decreases employment probabilities for men by about 9.9 percent (p

Full Employment in Industrialized Countries.

Science.gov (United States)

Britton, Andrew

1997-01-01

Argues that full employment must be acceptable on both social and economic grounds. Examines profound changes in industrialized economies since the 1970s and the diversity of employment contracts. Suggests that difficult policy decisions surround full employment. (SK)

United in Precarious Employment? Employment Precarity of Young Couples in the Netherlands, 1992-2007

NARCIS (Netherlands)

Lange, M. de; Wolbers, M.H.J.; Ultee, W.C.

2013-01-01

The trend towards labour market flexibilization in advanced economies since the 1990s is associated with more employment insecurity. This study examines to what extent employment flexibility among young people in the Netherlands is related to employment flexibility or unemployment of the partner,

The shadow economy in industrial countries

OpenAIRE

Dominik H. Enste

2015-01-01

The shadow (underground) economy plays a major role in many countries. People evade taxes and regulations by working in the shadow economy or by employing people illegally. On the one hand, this unregulated economic activity can result in reduced tax revenue and public goods and services, lower tax morale and less tax compliance, higher control costs, and lower economic growth rates. But on the other hand, the shadow economy can be a powerful force for advancing institutional change and can b...

WOMEN ENTREPRENEURSHIP - A SOLUTION FOR ROMANIAN ECONOMY DEVELOPMENT

Directory of Open Access Journals (Sweden)

Florentina-Georgiana, COJOCARU

2014-11-01

Full Text Available Entrepreneurship is not only equivalent with a way of increasing national revenue or a source of new jobs, but represents also an important vector of economic growth by forming a bridge between innovation and market. The spectacular evolution and modification of family life as well as professional activity led to the increasing of women in business in the last 25 years, but this growth has brought with it the birth rate decrease. Women have become more important in the global market, not just as an employee, but also as a consumer, entrepreneur, manager and investor. The article aims to capture the difficulties that women entrepreneurship is facing, gender differences and gender diversity in business, but also its impact on the economy. By approaching the theme we intend to highlight the problems faced by women both in terms of concepts, and education by analyzing employment rate by age, status, education level, gender and region, and also an analysis of the statistics on the discouraged people in finding a job by age and sex, and so on. Using the data collected and analyzed we will try to estimate the impact of female entrepreneurship on the Romanian economy.

INSTITUTIONAL DETERMINANTS OF INVESTMENT INFLOWS INTO TRANSITION ECONOMIES

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Donu Victoria

2015-12-01

Full Text Available This article investigates the relationship between institutional quality and the level of investment inflows into post-communist countries. We attempt to empirically verify the argument that institutional determinants are essential in explaining the variation in investment inflows into transition economies after the demise of socialism in the early 1990s. The role of institutions is assessed using Economic Freedom indices provided by the Heritage Foundation. Consequently, to investigate the progress of institutional quality in transition economies, we further employ indicators developed by the European Bank for Reconstruction and Development. Using a panel data set for 11 transition countries from 1993 to 2013, we conclude that the impact of institutional quality on investment inflows is not negligible, yet much weaker than suggested by the existing theoretical literature. Using a  fixed-effects model framework in both regression benchmarks with metrics from the Heritage Foundation and the European Bank for Reconstruction and Development, respectively, we observe that the impact of institutional variables on the level of investment was less significant than expected. Moreover, macroeconomic fundamentals appear to always play a more substantial role than institutional factors.

The regional economic impact of oil and gas extraction in Texas

International Nuclear Information System (INIS)

Lee, Jim

2015-01-01

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

THE NEW ECONOMY AND THE ECONOMY OF TOURISM

Directory of Open Access Journals (Sweden)

MIRELA MAZILU

2011-01-01

Full Text Available Together with the Internet, e-business and the new economy era, in general, fundamental transformation of the social and economic structure take place. In parallel, the assaults on the standard economic science amplify, in the sense of some conceptual reformulations and of some reinterpretations of the economic phenomena and laws. Besides the classical factors of production, work and capital, information is added, either as a distinct factor or as a detached one of the two mentioned. Also, the empiric findings regarding the so-called tertiarisation of the economy or the increase of the share of the services sector in the total of the national economy, as well as the so-called intangible investments in the total of the investment funds, have lead to numerous attempts of redefining what we call today a "modern economy". Other factors with major influence, regarding the adjustment of the economic science to the new trends from the real economy, refer to the following: the liberalisation of the international exchanges and the globalisation; the growth of the importance of the so-called free time (including here the household activities and the ones unfolded in the interest of the community, entertainment, but also the time destined to the development of the degree of culture and education on one's own and the fluidisation of the limits of differentiation between this and the work activity in the formal sector as well as the informal one; the more rapid dynamic of the financial and banking markets than the so-called classic productive sector of the economy; the extension of the use of computers and of the means and techniques of communication, in the activity of the companies as well as in the households, and the impact on the structure of the time and the financial budget of the population etc. All these have an impact on the tourism unfolding.

A Study of the Impacts of Npp-Desalination Development in Madura on Sectoral Regional Economy

International Nuclear Information System (INIS)

Bambang Eko-Afiatno; Mochammad Nasrullah; Sriyana

2006-01-01

This study aims to assess the economic impact of construction and early operation of the nuclear power plant (NPP)-desalination project in the island of Mad Lira until the year 2018. Long-term projection on economic output (X) of Madura uses Leo ntiefdynamic 1-0 (input-output) model, and for GRDP- final demand (Y) uses time series model with random growth adjustment based on autoregressive model. Since the Madura 1-0 Table is not available, then it is necessary to construct it for 2000 using RAS method and some modifications. The NPP project will use SMART technology with 2 units of power generators (100 MWe capacity per unit, total output 200 MWe), but to be built sequentially with one year lag. As for the desalination will use 4 units MED with each unit capacity of 10.000 m'/day. The construction stage will take 5 years to be completed (2014-2018), preceded by the pre-project stage along 2010-2013. Total investment requirements of the project is amounted to US$ 357,87 million (in 2002). At the time when the contract (turn key contract) is signed in 2009, the value will become US$ 397.18 million, and in 2014 (early construction) will be US$ 427.87 million. At the end of the project (2018), total investment requirements will amount to US$ 440.79 million. To include land make up payment and licenses costs the project will be worth US$ 476. In the pre-project stage (2010-2013), cumulatively, land make up payment and licenses management activities as much as Rp 114.11 billion (US$ 10.69 million) has indirect effect--transmiUed through private and government consumption -- onto Madura economy. Dynamic 1-0 simulation results (2000 Madura 1-0 Table, 1Ox10) show that the rise in consumption generate increases in output, GRDP and employment respectively in cumulative as much as Rp 146.39 billion, Rp79.20 billion, and 7,428 men. In overall, project activities in construction stage (2014-2017) estimated to Rp 231.37 billion (US$19.36 million) which has direct effect on

Positive Impact of Art as a Communication Instrument on Economical Productivity

Directory of Open Access Journals (Sweden)

Sedat Cereci

2013-08-01

Full Text Available There are many factors that affect economical productivity like climate, or like raw materials or like international relationships or like physchology of employers. Professional organisations or companies use different instruments to increase producticity on economy. Spiritual conditions of employers and employees are especially regarded for economical productivity recently. Though economy is mostly a concrete area, main component of economy is human and human need spiritual support and impacts in his life. It is known that spiritual support always feed human and provide him much energy. Employers or companies who are interested in art and who participate in artistic activities become more productive than others and attract people to their productions.

Grey economy, crisis and transition in Serbia

Directory of Open Access Journals (Sweden)

Novaković Nada G.

2015-01-01

employment rate; 6. mass unemployment; 7. the low rate of labor productivity; 8. the absence of the rule of law for an efficient functioning of the market economy; 9. restrictive labor and social legislation; 10. the tax system; 11. the poverty of the (unemployed population and 12. the systemic violation of civil and business ethics (bribery and corruption. Each of these phenomena are explained, described and compared to regional and world data. The second part focuses on the most important winners and losers of the existence of gray economy in a society in transition. It lists the most important positive and negative consequences of participation in the informal economy for individuals, social groups and society as a whole. It describes the scope and types of activities of the gray economy in total employment, GDP growth, the impact on inflation, inequality, the country's debt. It points out the advantages and disadvantages of illegal activities for entrepreneurs, employees, the state and society as a whole.

Human trafficking: fighting the illicit economy with the legitimate economy

OpenAIRE

Shelley, Louise; Bain, Christina

2015-01-01

Since the beginning of research on human trafficking, there has been attention paid to the challenges surrounding the illicit economy. In creating new strategies and initiatives on combatting human trafficking, there needs to be more discussion surrounding the legitimate economy and how the business sector can make an impact in the fight against trafficking. Currently, there is a growing movement of businesses that are looking to address human trafficking through training, education, and lead...

The Initiation of Homeless Youth into the Street Economy

Science.gov (United States)

Gwadz, Marya Viorst; Gostnell, Karla; Smolenski, Carol; Willis, Brian; Nish, David; Nolan, Theresa C.; Tharaken, Maya; Ritchie, Amanda S.

2009-01-01

Homeless youth (HY) who lack employment in the formal economy typically turn to the street economy (e.g., prostitution, drug selling) for survival. Guided by the theory of social control, the present paper explores factors influencing HY's initiation into the street economy. Eighty HY (ages 15-23) were recruited from four community-based…

Thermal stress, human performance, and physical employment standards.

Science.gov (United States)

Cheung, Stephen S; Lee, Jason K W; Oksa, Juha

2016-06-01

Many physically demanding occupations in both developed and developing economies involve exposure to extreme thermal environments that can affect work capacity and ultimately health. Thermal extremes may be present in either an outdoor or an indoor work environment, and can be due to a combination of the natural or artificial ambient environment, the rate of metabolic heat generation from physical work, processes specific to the workplace (e.g., steel manufacturing), or through the requirement for protective clothing impairing heat dissipation. Together, thermal exposure can elicit acute impairment of work capacity and also chronic effects on health, greatly contributing to worker health risk and reduced productivity. Surprisingly, in most occupations even in developed economies, there are rarely any standards regarding enforced heat or cold safety for workers. Furthermore, specific physical employment standards or accommodations for thermal stressors are rare, with workers commonly tested under near-perfect conditions. This review surveys the major occupational impact of thermal extremes and existing employment standards, proposing guidelines for improvement and areas for future research.

The impact of climate change on the BRICS economies: The case of insurance demand.

Science.gov (United States)

Ranger, N.; Surminski, S.

2012-04-01

Session ERE5.1 Climate change impact on economical and industrial activities The impact of climate change on the BRICS economies: The case of insurance demand. Over the past decade, growth in the BRICS (Brazil, Russia, India, China and South Africa) economies has been a key driver of global economic growth. Current forecasts suggest that these markets will continue to be areas of significant growth for a large number of industries. We consider how climate change may influence these trends in the period to 2030, a time horizon that is long in terms of strategic planning in industry, but relatively short for climate change analysis, where the impacts are predicted to be most significant beyond around 2050. Based on current evidence, we expect climate change to affect the BRICS economies in four main ways: 1. The impact of physical climatic changes on the productivity of climate-sensitive economic activity, the local environment, human health and wellbeing, and damages from extreme weather. 2. Changing patterns of investment in climate risk management and adaptation 3. Changing patterns of investments in areas affected by greenhouse gas (GHG) mitigation policy, 4. The impacts of the above globally, including on international trade, growth, investment, policy, migration and commodity prices, and their impacts on the BRICS. We review the evidence on the impacts of climate change in the BRICS and then apply this to one particular industry sector: non-life insurance. We propose five potential pathways through which climate change could influence insurance demand: economic growth; willingness to pay for insurance; public policy and regulation; the insurability of natural catastrophe risks; and new opportunities associated with adaptation and greenhouse gas mitigation. We conclude that, with the exception of public policy and regulation, the influence of climate change on insurance demand to 2030 is likely to be small when compared with the expected growth due to rising

The impact of clean energy investments on the Greek economy: An input–output analysis (2010–2020)

International Nuclear Information System (INIS)

Markaki, M.; Belegri-Roboli, A.; Michaelides, P.; Mirasgedis, S.; 3TS S.A., Ag. Isidorou 1, 11471 Athens (Greece))" data-affiliation=" (FACE3TS S.A., Ag. Isidorou 1, 11471 Athens (Greece))" >Lalas, D.P.

2013-01-01

The aim of this paper is twofold: first, to calculate the “green” energy investments, by industrial sector, that Greece would need in order to satisfy a number of energy and environmental targets adopted in the context of the European Commission’s energy and climate change package; and second, to calculate the macro-economic impacts of these “green” investments on production and employment in the Greek economy. To this end, the input–output analysis has been exploited for estimating the direct, indirect and induced macroeconomic effects associated with the implementation of selected energy conservation measures, the promotion of renewable energy technologies, etc. Our findings show that the required investments would reach the amount of €47.9 billion, over the period 2010–2020. These investments will result in an average annual increase of the national product by €9.4 billion, creating simultaneously 108,000 full-time equivalent jobs for the entire period under consideration. The employment generated per €1 million investment is relatively higher in energy saving projects in buildings and transport in comparison with the development of RES in power generation sector. - Highlights: ► Development of clean energy technologies results in net macroeconomic benefits. ► Green investments examined will create yearly an average of 108,000 jobs in Greece. ► Energy efficiency investments are more labor intensive compared to RES projects. ► The imports of the necessary equipment reduce the output and employment effects

An estimation of the impact of the 2012 platinum-sector strike on the South African economy

Directory of Open Access Journals (Sweden)

Johannes C Jordaan

2016-05-01

Full Text Available A Leontief-type economic-impact model for 2012 is used to estimate the potential impacts, in percentage terms, of the 2012 platinum-sector strike on the South African economy. Although it is impossible to incorporate and calculate all the potential impacts, such a model can provide an estimation based on sound statistics and methodologies. Understanding the potential, wider economic impacts of strike action can lead to valuable insights for policymakers, businesses and workers. This will hopefully result in improved policies, as well as enriched negotiations to find solutions to deadlocks in wage negotiations before such deadlocks progress to strike action. Data from the Department of Labour (DoL shows that 103,155 workers participated in the strike in the metal-ores sector during 2012, and company annual reports indicate that this strike action lasted seven weeks on average. Estimates show that the monetary value of ounces lost by the platinum-related mining industry as a result of lost production during the strike periods amounted to R10.6 billion. Two scenarios are estimated that result in a gross domestic product (GDP loss for 2012 of 0.53 per cent or R16.5 billion (Scenario 1, and of 0.49 per cent or R15.5 billion (Scenario 2. This implies that GDP growth could have been 3 per cent for Scenario 1 and 2.97 per cent for Scenario 2, instead of the actual GDP growth of 2.47 per cent. Exports could have been R9.05 billion higher for Scenario 1 and R8.4 billion higher for Scenario 2. The current-account deficit for 2012 could have been reduced to 4.93 per cent of GDP for Scenario 1 and to 4.9 per cent for Scenario 2, as against the actual deficit of 5.23 per cent. Tax income could have been R3.8 billion higher for Scenario 1 and R3.6 billion higher for Scenario 2. As a result, the government’s budget deficit could have been reduced to 5.13 per cent instead of 5.26 per cent. Expressing employment opportunities lost in terms of annual employment

Subjective employment insecurity around the world

OpenAIRE

Francis Green

2009-01-01

I consider the concept of employment insecurity and provide new evidence for 1997 and 2005 for many countries with widely differing institutional contexts and at varying stages of development. There are no grounds for accepting that workplaces were going through a sea-change in employment insecurity. Workers in transitional economies and developing economies worried the most about insecurity. Perceived insecurity tended to be greater for women, for less-educated and for older workers. However...

Working While Studying: The Impact of Term-Time Employment on Dropout Rates

Science.gov (United States)

Hovdhaugen, Elisabeth

2015-01-01

There are many possible reasons why students leave university prior to degree completion, and one of the more commonly cited is being employed while studying. This paper analyses the impact of employment status on dropout rates using survival analysis. It finds that employment status does have an impact on dropout rates; students who work full…

The Uncontrolled Economic Engine of the Developing Economies, Speeding up the Climate Shift

Science.gov (United States)

Khan, K. M.; Khan, M. A.

2014-12-01

As we progress into the 21st century, the world faces challenges of truly global nature bearing implications on the whole world in one way or another. The global economic engine has shifted from the western world (Developed Economies) to the eastern world (Developing Economies) which has brought about tremendous change in the climate related variables in this part of the world. As uncontrolled carbon emissions grow in the developing economies, the phenomenon of global warming and climate shifts become more and more prevalent. While this economic activity provides income for millions of households, it is contributing generously to the rapid degradation of the environment. Developing economies as it has been seen do not employ or abide by stringent regulations regarding emissions which result in uncontrolled emissions. In this particular scenario, it is a tedious task to convince governments in the developing economies to implement regulations regarding emissions because businesses in these economies deem such regulations to be economically unviable. The other side of the problem is that these uncontrolled emission are causing evident climate shifts which has had adverse impacts on the agricultural societies where shifting climates are leading to reduced agricultural output and productivity. Consequently the lives of millions associated directly or indirectly with agriculture are affected and on a more global level, the agricultural produce is decreasing which increases the chances of famine in parts of the world. The situation could have devastating impacts on the global economy and environmental standards and therefore needs to be addressed on emergency basis. The first step towards betterment could be the introduction of the carbon trading economy in the developing economies which would incentivize emission reduction and become more attractive and in the process sustaining minimum possible damage to the environment. Though carbon trading is a formidable first step

Revisiting Tourism Regional Economic Impact: Accounting for Secondary Household Employment

OpenAIRE

Hughes, David W.; Shields, Martin

2007-01-01

Many argue that tourism development is beneficial for local economies, partly because of spillover effects. Others hold that tourism jobs are lower paying, often seasonal, and can generate a host of social ills with earned income concentrated in low-income households. A Social Accounting Matrix (SAM) of a Pennsylvania region is used to test the impacts of tourism businesses supported by the Progress Fund, a regional Community Development Financial Institution, on household income distribution...

Does Portuguese economy support crude oil conservation hypothesis?

International Nuclear Information System (INIS)

Bashiri Behmiri, Niaz; Pires Manso, José R.

2012-01-01

This paper examines cointegration relationships and Granger causality nexus in a trivariate framework among oil consumption, economic growth and international oil price in Portugal. For this purpose, we employ two Granger causality approaches: the Johansen cointegration test and vector error correction model (VECM) and the Toda–Yamamoto approaches. Cointegration test proves the existence of a long run equilibrium relationship among these variables and VECM and Toda–Yamamoto Granger causality tests indicate that there is bidirectional causality between crude oil consumption and economic growth (feed back hypothesis). Therefore, the Portuguese economy does not support crude oil conservation hypothesis. Consequently, policymakers should consider that implementing oil conservation and environmental policies may negatively impact on the Portuguese economic growth. - Highlights: ► We examine Granger causality among oil consumption, GDP and oil price in Portugal. ► VECM and Toda–Yamamoto tests found bidirectional causality among oil and GDP. ► Portuguese economy does not support the crude oil conservation hypothesis.

CHALLENGE FOR ASEAN-CHINA FREE TRADE AGREEMENT ON INDONESIA EMPLOYMENT

Directory of Open Access Journals (Sweden)

Fatimah Riswati

2011-09-01

Full Text Available This research analyzes the challenges for Indonesian economy towards the implementation ofASEAN-China Free Trade Area (ACFTA especially on employment opportunity in Indonesia.Using regression technique, the labour cost and change in fix capital are statistically significant ininfluencing the employment opportunity. This result implies that ACFTA will challenge the Indonesiancompetitiveness due to increasing labour cost, while ACFTA also potentially increases capitalflow from China which has ambiguous impacts on labour absorption. The SWOT (Strength,Weakness, Opportunity and Threat analysis recommends for Indonesian government to improvecomprehensive strategy of national industry to be more competitive to China products.Keywords: ACFTA, employment opportunity, structural equation modelJEL classification numbers: F13, F14, F15, F42

Green Skills for Green Economy: Case of the Environmental Education Role in Kazakhstan's Economy

Science.gov (United States)

Dlimbetova, Gaini; Zhylbaev, Zhanbol; Syrymbetova, Lyailya; ?liyeva, Aiman

2016-01-01

The research on situation with developing "green skills" in conditions of transition to "green economy" is analysed in this article. Kazakhstan like many other states has been going through transition to "green economy" since 2013. Economic reforms have made an impact on the system of environmental education. The…

Impact of the Smart City Industry on the Korean National Economy: Input-Output Analysis

Directory of Open Access Journals (Sweden)

Kyunam Kim

2016-07-01

Full Text Available The characteristics of the smart city industry and its effects on the national economy of Korea are investigated using input-output analysis. The definition and industrial classification of a smart city are established using the Delphi technique for experts in various fields, from information and communication technologies (ICT to governmental policies for urban matters. The results of the analysis, including the production, value added and employment induction effects, show that the smart city industry has intermediate characteristics between ICT and urban construction industries, indicating that acquisition of the competitive edge of both the ICT and construction industries is the key to the success of the smart city industry. The crucial industries related to the smart city industry are identified based on an analysis of the forward and backward linkage effects, the results of which suggest the importance of the relevant service industries. The economic effects on the national economy induced by the governmental program for smart city demonstration are estimated using input-output analysis results. Overall, the results of this study indicate that facilitation of the smart city industry plays a key role not only in the sustainable city, but also in the growth of the national economy.

The Impact of Social Capital on the Employment of College Graduates

Science.gov (United States)

Fengqiao, Yan; Dan, Mao

2015-01-01

This article addresses the impact of social capital on college graduate employment. After reviewing the literature, the authors analyze data collected by Peking University from 34 universities in 2005 and use statistical analysis to clarify the impact of social capital on students' choice of employment or further study, job placement rate,…

Air pollution-induced health impacts on the national economy of China: demonstration of a computable general equilibrium approach.

Science.gov (United States)

Wan, Yue; Yang, Hongwei; Masui, Toshihiko

2005-01-01

At the present time, ambient air pollution is a serious public health problem in China. Based on the concentration-response relationship provided by international and domestic epidemiologic studies, the authors estimated the mortality and morbidity induced by the ambient air pollution of 2000. To address the mechanism of the health impact on the national economy, the authors applied a computable general equilibrium (CGE) model, named AIM/Material China, containing 39 production sectors and 32 commodities. AIM/Material analyzes changes of the gross domestic product (GDP), final demand, and production activity originating from health damages. If ambient air quality met Grade II of China's air quality standard in 2000, then the avoidable GDP loss would be 0.38%o of the national total, of which 95% was led by labor loss. Comparatively, medical expenditure had less impact on national economy, which is explained from the aspect of the final demand by commodities and the production activities by sectors. The authors conclude that the CGE model is a suitable tool for assessing health impacts from a point of view of national economy through the discussion about its applicability.

Gig economy, rating, labour relationship

OpenAIRE

Gemma Pacella

2017-01-01

In the era of gig economy, the job performance is now influenced by the customer rating system. A new London’s Employment Tribunal judgment approaches the Uber London issue focusing also on customer feedback. Since drivers are qualified as workers, not self-employed, as the English Court ruled on, this article tooks a position about on-line feedback incidence on job relationship. Referring to customer’s opinion, the employer exercises control on services performed by each worker, whereas Ital...

The impact of the Affordable Care Act on self-employment.

Science.gov (United States)

Heim, Bradley T; Yang, Lang Kate

2017-12-01

This paper estimates the impact of the implementation of the Affordable Care Act (ACA) in 2014 on the decision to be self-employed. Using data from the Current Population Survey, we employ two identification strategies. Utilizing prereform variation in state nongroup health insurance market regulations, we find that the ACA did not increase self-employment overall in states that lacked similar provisions in their nongroup markets prior to 2014. In specifications that utilize variation across individuals in characteristics that could make it harder for them to purchase insurance if they left their current employer, we also do not find that the ACA differentially increased self-employment. However, in states that lacked the ACA nongroup market provisions, we do find a statistically significant increase in the second year of implementation (when individuals had more time to adjust behavior and the exchanges functioned properly) among individuals eligible for insurance subsidies, suggesting that a combination of time to adjust, low uncertainty and low insurance costs may be necessary for nongroup health insurance reforms to impact self-employment. Copyright © 2017 John Wiley & Sons, Ltd.

Does Nature of Financial Institutions Matter to Firm Growth in Transition Economies?

Directory of Open Access Journals (Sweden)

Abubakr SAEED

2009-05-01

Full Text Available Drawing on firm-level data set on transition economies, this paper investigates the relationship between financial institutions and firm growth. The paper focuses in perspective of growth, how the impact of various sources of external finance varies across firm size. Primarily, it is shown a differential impact of institutions on firm growth, precisely, in terms of employment and sale, growth augments by equity market, local banks, foreign banks, state-owned banks, trade credit and leasing, while informal lending abates growth. In particular, the results suggest that local banks and trade credit improve sale growth of small and medium firms, while these financial institutions are insignificant for large firms. By contrast, state owned banks and informal institutions constrain employment growth of small firms. It is confirmed that irrespective of firm size lease financing exerts statistically significant positive impact on firm growth. Moreover, financial system differences across the regions play vital role in firm growth-finance relationship.

STUDYING THE IMPACT OF GOVERNMENT EXPENDITURES SHOCKS ON MACROECONOMIC VARIABLES OF THE IRANIAN ECONOMY

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Ahmad Assadzadeh

2013-07-01

Full Text Available This paper studies impact of government expenditures shocks on Gross DomesticProduct (GDP, personal consumption, trade balanceand effective exchange rate.To the purpose, time series data of Iranian macroeconomic variables were usedcovering from 1976 to 2007. Vector autoregressive (VAR model, forecast errorvariance decomposition and momentary reaction functions were used in order tostudy the impact of government expenditures shockson macroeconomic variablesof Iranian economy. Extracted results from the estimate of VAR model andanalyses of forecast error variance decomposition showed that: positive shocks ofthe government expenditures increase GDP and personal consumption butdecrease trade balance. Impact of government expenditures positive shocksdecrease effective exchange rate only in first yearthen government expendituresshocks had positive but very little impact on effective exchange rate.

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

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Abul Quasem Al-Amin

2008-10-01

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

Employment impacts of CDM projects in China's power sector

International Nuclear Information System (INIS)

Wang, Can; Zhang, Weishi; Cai, Wenjia; Xie, Xi

2013-01-01

There are continuous debates around the question of whether CDM really contributes to sustainable development (SD) in host countries. Employment impact is an essential indicator of SD. Based on an input-out approach this research builds a quantitative assessment model to evaluate the employment impacts of CDM. Both direct and indirect jobs creation and job losses of CDM projects in the power sector registered by the end of 2011 are calculated by project types and power grids where the project is located. Results of this study show that, although the above mentioned CDM projects causes about 99,000 net direct job losses, they also create about 3.08 million indirect jobs, resulting in the gross employment of CDM to be about 2.98 million. Thereof, hydro projects induce both direct and indirect job losses, which comes to approximately 0.89 million. Solar projects have the most potential since they own the highest indirect jobs created by one GWh generation, about 104 jobs/GWh. - Highlights: • An input–output model was built for assessment of CDM projects' employment impact; • CDM projects create direct and indirect jobs while cause some losses in short. • Significant indirect job gains of CDM projects were found; • Solar projects cause 104 jobs/GWh in average, ranking as the highest contributor

Green Growth. The impact of wind energy on jobs and the economy

Energy Technology Data Exchange (ETDEWEB)

Arapogianni, A.; Moccia, J.; Wilkes, J. (ed.); Azau, S. (ed.)

2012-03-15

Green Growth examines the impact of wind energy on jobs and the economy in the EU. The wind energy industry increased its contribution to the EU's gross domestic product (GDP) by 33% between 2007 and 2010. In 2010, the industry's growth was twice that of the EU's GDP overall, with the sector contributing 32 billion euro to an EU economy in slowdown. The sector created 30% more jobs from 2007 to 2010 to reach nearly 240,000, while EU unemployment rose by 9.6% . By 2020, there should be 520,000 jobs in the sector. The sector was a net exporter of 5.7 billion euro worth of goods and services in 2010. The sector avoided 5.71 billion euro of fuel costs in 2010. The sector invested 5% of its spending in R and D - three times more than the EU average. Wind turbine manufacturers commit around 10% of their total turnover to R and D.

The Effects: Economy

Science.gov (United States)

Nutrient pollution has diverse and far-reaching effects on the U.S. economy, impacting tourism, property values, commercial fishing, recreational businesses and many other sectors that depend on clean water.

Impact of M&A on the Employment in Japanese Companies

OpenAIRE

Hiroyuki Taguchi; Taichi Yanagawa; Masashi Harita

2012-01-01

With utilizing Financial Statements Statistics of Corporation by Industry, we analyzed the impact of M&A on the employment in Japanese companies. In this study, the impact of M&A on the employment was extracted by developing panel data for fiscal year 1995 to 2008 targeting 9,880 sample companies including 3,697 cases of M&A to estimate a labor demand model. Major findings of the study are described below. First, dynamically positive effect was confirmed mainly in the manufacturing industry a...

Bioethanol development in China and the potential impacts on its agricultural economy

Energy Technology Data Exchange (ETDEWEB)

Qiu, Huanguang; Huang, Jikun; Yang, Jun [Center for Chinese Agricultural Policy, Institute of Geographic Sciences and Natural Resources Research, Chinese Academy of Sciences, Jia 11, Datun Road, Anwai, Beijing 100101 (China); Rozelle, Scott [Shorenstein Asia Pacific Research Center, Stanford University, Stanford, California 95305 (United States); Zhang, Yuhua; Zhang, Yanli [Institute of Rural Energy and Environmental Protection, Chinese Academy of Agricultural Engineering, No. 41, Maizidian Street, Chaoyang, Beijing 100026 (China); Zhang, Yahui [Center of International Cooperative, Ministry of Agriculture of China, No. 55, Nongzhan Beilu, Chaoyang, Beijing 100026 (China)

2010-01-15

China is now the third largest bioethanol producer in the world after the United State and Brazil. The overall goals of this paper are to provide an overview of China's current bioethanol program, its future trend, and the likely impacts on its agricultural economy in the future. The analysis shows that China has developed an ambitious long-run biofuel program with a series of financial and institutional supports. While there are several potential feedstock crops available for bioethanol production, lack of land for feedstock production is one of major constraints in China's bioethanol expansion. The results show that although China's bioethanol expansion will have little impacts on overall agricultural prices in international markets, it will have significant impacts on the prices, productions, and trade of those energy crops being used for bioethanol production in China. (author)

Investigating a green economy transition of the electricity sector in the Western Cape province of South Africa: a system dynamics approach

Directory of Open Access Journals (Sweden)

Oosthuizen, Juan

2016-12-01

Full Text Available The Western Cape Government in South Africa has identified the concept of a green economy as a way to transform the Province’s economy to one that is more sustainable from an economic, social, and environmental perspective. System dynamics modelling was used to develop a better understanding of the implications of different green economy policies and investments in the electricity sector of the Western Cape Province. The results suggest that continuing on the current policy path would increase the gap between demand and supply, increase the carbon footprint of the electricity sector, and not provide growth in employment in the sector. Strategic green economy investments are therefore expected to impact positively on a number of indicators across a number of sectors.

Internal Employability as a Strategy for Key Employee Retention

Directory of Open Access Journals (Sweden)

Ángela Sánchez-Manjavacas

2014-05-01

Full Text Available Economies the world over and particularly those in southern Europe, are suffering the crippling effects of the extremely complex economic and financial crisis. This study looks at the impact of certain human resource policies geared towards increasing internal employability as a means of retaining valued employees and promoting job flexibility within the firm, as well as increasing positive attitudes towards organizational citizenship. Satisfaction and commitment are proposed as intermediating variables of the relationship between perceived internal employability and ITQ/OCB. The proposed research model is contrasted using structural equation modeling (LISREL. The results obtained from the empirical study indicate that employability should be considered an essential factor in achieving the desired commitment, loyalty, adaptability and productivity from employees by strengthening the psychological contract between firm and worker through professional recognition.

The replacement of payroll tax by a tax on revenues: A study of sectorial impacts on the Brazilian economy

Directory of Open Access Journals (Sweden)

Wilton Bernardino da Silva

2015-01-01

Full Text Available A topic of current research in discussion about the Brazilian economy is the exemption from payroll taxes, which aims to stimulate competitiveness of the firms, boosting economic growth. This topic was introduced in Brazil by new laws that proposed replacing the payroll tax with a new tax on revenues. The payroll tax rate of 20% was replaced by a tax rate of 1% or 2% on revenue. This change has been applied primarily in labor-intensive economic sectors. In this paper, a neoclassical model was used to evaluate some sectoral impacts of these tax changes. The results show positive effects of this reform, among them, the increase in aggregate consumption and capital stock. Employment also grows in the labor-intensive sector. However, under a government revenue neutral scenario, these effects are almost completely lost, which shows some evidence about the low efficiency of these reforms.

The impact of CO2 emissions on economic growth: evidence from selected higher CO2 emissions economies.

Science.gov (United States)

Azam, Muhammad; Khan, Abdul Qayyum; Bin Abdullah, Hussin; Qureshi, Muhammad Ejaz

2016-04-01

The main purpose of this work is to analyze the impact of environmental degradation proxied by CO2 emissions per capita along with some other explanatory variables namely energy use, trade, and human capital on economic growth in selected higher CO2 emissions economies namely China, the USA, India, and Japan. For empirical analysis, annual data over the period spanning between 1971 and 2013 are used. After using relevant and suitable tests for checking data properties, the panel fully modified ordinary least squares (FMOLS) method is employed as an analytical technique for parameter estimation. The panel group FMOLS results reveal that almost all variables are statistically significant, whereby test rejects the null hypotheses of non cointegration, demonstrating that all variables play an important role in affecting the economic growth role across countries. Where two regressors namely CO2 emissions and energy use show significantly negative impacts on economic growth, for trade and human capital, they tend to show the significantly positive impact on economic growth. However, for the individual analysis across countries, the panel estimate suggests that CO2 emissions have a significant positive relationship with economic growth for China, Japan, and the USA, while it is found significantly negative in case of India. The empirical findings of the study suggest that appropriate and prudent policies are required in order to control pollution emerging from areas other than liquefied fuel consumption. The ultimate impact of shrinking pollution will help in supporting sustainable economic growth and maturation as well as largely improve society welfare.

The economic impact of shale gas development on state and local economies: benefits, costs, and uncertainties.

Science.gov (United States)

Barth, Jannette M

2013-01-01

It is often assumed that natural gas exploration and development in the Marcellus Shale will bring great economic prosperity to state and local economies. Policymakers need accurate economic information on which to base decisions regarding permitting and regulation of shale gas extraction. This paper provides a summary review of research findings on the economic impacts of extractive industries, with an emphasis on peer-reviewed studies. The conclusions from the studies are varied and imply that further research, on a case-by-case basis, is necessary before definitive conclusions can be made regarding both short- and long-term implications for state and local economies.

Internationalization of Emerging Economies and Firms

DEFF Research Database (Denmark)

A contribution to the scarce body of literature on internationalization of emerging economies and their firms. Using a large variety of national contexts, it addresses the advancing business development of new emerging economies and their impact on the process of internationalization of emerging...

On inflation in the Russian economy

Directory of Open Access Journals (Sweden)

Alexey I. Bolonin

2014-01-01

Full Text Available For the economy is very important to have the amount of money in circulation, sufficient to serve the movement of goods and services without generating inflation, indicating an excess of money, so matching the growth rate of monetary and commodity weight control is an important task of the monetary system in all countries. During the time of the gold standard and bimetallism regulation of the economy as a whole was not considered as an important macroeconomic problem. But the economic crisis of 1929 - 1933 forced to reconsider these views and problems of regulation of financial and credit sphere began to be perceived as a function of a stable level of production and employment. The article describes the monetary factors of inflation in the economy and describes the causes, which can lead to programming of monetary growth in the Russian Federation. As the first group of factors impact on the volume of money in circulation in the national economy, the author defined low value added products produced in the country, based on the external market, and the absence, so the room for maneuver of financial resources to stabilize budget revenues with a deterioration in global market conditions. The weakening of the national currency provides large ruble revenues from exports, which reduces the growth of the budget deficit. But the decline of import revenues, which can compensate for the devaluation of the national currency, leads to higher prices in the domestic market due to the prevalence it offers imported goods. The second group of factors linked to the credit activity of banks, which consists in increasing primary issue in lending importers and secondary, which occurs during the formation of foreign exchange reserves by the Bank of Russia. Result of credit activity of banks is to increase money supply growth and the discrepancy between the higher growth of money in circulation and lower growth rates actually created in the production of value added

Evaluating the employment-generating impact of rural roads in Nicaragua

DEFF Research Database (Denmark)

Rand, John

2011-01-01

This paper analyses the employment-generating impact of a tertiary road project in Nicaragua, applying a matched double-difference approach to control for initial conditions and time variant factors that simultaneously influence the placement of roads and subsequent employment growth rates. Results......, more integrated road networks....

MACROECONOMICS EFFECT OF FISCAL POLICY IN TRANSITION ECONOMIES: THE CASE REPUBLIC OF MACEDONIA

OpenAIRE

Besnik Fetai; Selajdin Abduli

2014-01-01

The objective of this paper is to investigate the effect of fiscal policy in small open transition economy. This paper employs, Granger- Causality test, Impulse Response Function and Forecast Error Decomposition, in order to assess the impact of fiscal policy on real GDP and prices. In this finding, all econometrics result do not show a conventional Keynesian effect of fiscal policy on real economic activity due to the counteracting effect of the monetary policy reaction. This causes a crowdi...

Economic impact of oil price shocks on the Turkish economy in the coming decades: A dynamic CGE analysis

International Nuclear Information System (INIS)

Aydin, Levent; Acar, Mustafa

2011-01-01

As a small open economy, Turkey depends on both imported oil and natural gas, importing almost two-thirds of its primary energy demand. This paper analyzes the economic effects of oil price shocks for Turkey as a small, open oil- and gas-importing country. To analyze the potential long-term effects of oil price shocks on macroeconomic variables of interest, including GDP, consumer price inflation, indirect tax revenues, trade balance, and carbon emissions, we developed TurGEM-D, a dynamic multisectoral general equilibrium model for the Turkish economy. Using TurGEM-D, we analyzed the impact of oil price shocks under three distinct scenarios: reference, high and low oil prices. The simulation results show that these oil prices have very significant effects on macro indicators and carbon emissions in the Turkish economy. - Research highlights: → World oil prices are projected to rise in coming decade, to around $185 per barrel in 2020. → If this occurs in Turkey, how to quantitatively evaluate the impacts on Turkish economy? → Cumulative output loss resulting from world oil prices increased by 121% can be as large as 14%. → Cumulative inflation as measured by CPI index can be nearly 5% under a fixed exchange rate regime. → Cumulative carbon emissions fall by around 51.7% without using any tools for climate change policy.

Characteristics of the Las Vegas/Clark County visitor economy

International Nuclear Information System (INIS)

1988-06-01

The purpose of this report is to present the results of a review of the Clark County visitor economy and the Clark County visitor. The review, undertaken in support of NWPO's two objectives mentioned above, addressed a number of topics including performance of the Clark County visitor economy as a generator of employment, earnings and tax base; importance of the Clark County visitor economy to the Nevada economy as a whole; elements of the Clark County visitor economy outside the Las Vegas strip and downtown areas; current trends in the Clark County visitor industry; and indirect economic effects of Clark County casino/hotel purchases

Syncope and Its Impact on Occupational Accidents and Employment

DEFF Research Database (Denmark)

Numé, Anna Karin; Kragholm, Kristian; Carlson, Nicolas

2017-01-01

Background - First-time syncopal episodes usually occur in adults of working age, but their impact on occupational safety and employment remains unknown. We examined the associations of syncope with occupational accidents and termination of employment. Methods and Results - Through linkage...... of the syncope event. Over a median follow-up of 3.2 years (first to third quartiles, 2.0-4.5), 622 people with syncope had an occupational accident requiring hospitalization (2.1/100 person-years). In multiple Poisson regression analysis, the incidence rate ratio in the employed syncope population was higher......, 2.34-2.91). Conclusions - In this nationwide cohort, syncope was associated with a 1.4-fold higher risk of occupational accidents and a 2-fold higher risk of termination of employment compared with the employed general population....

Information Literacy and Employability

OpenAIRE

O'Keeffe, Colin

2016-01-01

Information Literacy (IL) and its relationship to third level graduates’ employability has gained more attention in recent years. This article examines how IL has evolved from skills initially associated with academic libraries into a key workplace skill set of the knowledge economy. It outlines the challenges interviewees encounter when selling IL to employers, how IL can be utilised when preparing for upcoming interviews and suggests a distinction between workplace IL and employability IL. ...

77 FR 28620 - Andean Trade Preference Act: Impact on the U.S. Economy and on Andean Drug Crop Eradication

Science.gov (United States)

2012-05-15

... INTERNATIONAL TRADE COMMISSION [Investigation No. 332-352] Andean Trade Preference Act: Impact on the U.S. Economy and on Andean Drug Crop Eradication AGENCY: United States International Trade... to report biennially to the Congress by September 30 of each reporting year on the economic impact of...

The Economic Impact of Ten Cultural Institutions on the Economy of the Salt Lake SMSA.

Science.gov (United States)

Cwi, David

The impact of 10 cultural institutions on the Salt Lake City economy was determined by measuring their 1978 direct and indirect financial effects. The institutions are Ballet West, Pioneer Memorial Theatre, Repertory Dance Theatre, Salt Lake City Art Center, Theatre 138, Tiffany's Attic, Utah Museum of Fine Arts, Utah Symphony, Utah Opera Company,…

Experiences of Emerging Economy Firms

DEFF Research Database (Denmark)

Experiences of Emerging Economy Firms investigates the different elements of the experiences of emerging economy firms and sheds essential light on a large variety of aspects associated with their functioning in both home and host contexts. For example, firms must be able to overcome the liability...... of foreign and emerging issues when they expand their activities in various contexts, enter, exit, and re-enter overseas markets; they have to overcome institutional barriers, adapt the cultural challenges in foreign markets, undergo the impact of large multinational firms from developed economies...

Putting the sharing economy into perspective

NARCIS (Netherlands)

Frenken, Koen; Schor, Juliet

2017-01-01

We develop a conceptual framework that allows us to define the sharing economy and its close cousins and we understand its sudden rise from an economic-historic perspective. We then assess the sharing economy platforms in terms of the economic, social and environmental impacts. We end with

Integration & Impact of Information Technology on Indian Economy

OpenAIRE

Dr. Gulrukh Salim

2014-01-01

India occupies a major place in list of developing countries and is expected to have basic capabilities to compete with world economies. Before 1991, India adopted policy of self-reliance but in this era of LPG, India’s industrial and agricultural structure is being transformed into open and mixed economy. On the basis of various surveys and fact conducted by National and International Agencies, India is still lacking in the basic needs of livelihood, despite having occupied the position of t...

Shadow Economy and Poverty

OpenAIRE

Nikopour, Hesam; Shah Habibullah, Muzafar

2010-01-01

This study attempts to investigate the relationship between shadow economy and poverty by explaining the mechanism through which shadow economy affects poverty via its impact on government size and economic growth, and using the human poverty index (HPI) for developing and developed countries. In order to achieve this objective, the three-way interaction model is utilized using data of 139 developing and 23 developed countries separately during 1999-2007. For developing countries the dynamic ...

Fueling Wisconsin's economy with renewable energy

International Nuclear Information System (INIS)

Clemmer, S.

1995-01-01

A dynamic macroeconomic model of the Wisconsin economy is used to estimate the economic impacts of displacing a portion of future investment in fossil fuel power plants (coal and natural gas) with renewable energy resources (biomass, wind, solar and hydro). The results show that renewable energy investments produce over three times more jobs, income and economic activity than the same amount of electricity generated from coal and natural gas power plants. Between 1995 and 2020, a 75% increase in renewable energy use generates approximately 65,000 more job-years of employment, $1.6 billion in higher disposable income and a $3.1 billion increase in gross regional product than conventional power plant investments. This includes the effects of a 0.3% average annual increase in electricity prices from renewable energy investments

Impact of low vision on employment.

Science.gov (United States)

Mojon-Azzi, Stefania M; Sousa-Poza, Alfonso; Mojon, Daniel S

2010-01-01

We investigated the influence of self-reported corrected eyesight on several variables describing the perception by employees and self-employed persons of their employment. Our study was based on data from the Survey of Health, Ageing and Retirement in Europe (SHARE). SHARE is a multidisciplinary, cross-national database of microdata on health, socioeconomic status, social and family networks, collected on 31,115 individuals in 11 European countries and in Israel. With the help of ordered logistic regressions and binary logistic regressions, we analyzed the influence of perceived visual impairment--corrected by 19 covariates capturing socioeconomic and health-related factors--on 10 variables describing the respondents' employment situation. Based on data covering 10,340 working individuals, the results of the logistic and ordered regressions indicate that respondents with lower levels of self-reported general eyesight were significantly less satisfied with their jobs, felt they had less freedom to decide, less opportunity to develop new skills, less support in difficult situations, less recognition for their work, and an inadequate salary. Respondents with a lower eyesight level more frequently reported that they feared their health might limit their ability to work before regular retirement age and more often indicated that they were seeking early retirement. Analysis of this dataset from 12 countries demonstrates the strong impact of self-reported visual impairment on individual employment, and therefore on job satisfaction, productivity, and well-being. Copyright © 2010 S. Karger AG, Basel.

The Impact of Contingent Employment on Organizational Citizenship ...

African Journals Online (AJOL)

The study examined the impact of contingent employment on organizational citizenship behaviour. Seven hundred and fifteen (715) participants, drawn from a commercial bank and an oil company in southwest, Nigeria, participated in the study. Organizational citizenship behaviour (OCB) was assessed with a 21-item ...

Employment Trajectories: Exploring Gender Differences and Impacts of Drug Use

Science.gov (United States)

Huang, David Y. C.; Evans, Elizabeth; Hara, Motoaki; Weiss, Robert E.; Hser, Yih-Ing

2011-01-01

This study investigated the impact of drug use on employment over 20 years among men and women, utilizing data on 7661 participants in the National Longitudinal Survey of Youth. Growth mixture modeling was applied, and five distinct employment trajectory groups were identified for both men and women. The identified patterns were largely similar…

The role of coal consumption in the economic growth of the Polish economy in transition

International Nuclear Information System (INIS)

Gurgul, Henryk; Lach, Lukasz

2011-01-01

The main goal of this paper is an analysis of the causal links between quarterly coal consumption in the Polish economy and GDP. For the sake of accurate computation an additional variable - employment - was also taken into account. Computations conducted for the period Q1 2000 to Q4 2009 by means of recent causality techniques confirmed the neutrality of hard coal usage with respect to economic growth. On the other hand, calculations for the pairs lignite-GDP and total coal consumption-GDP showed the existence of a significant nonlinear causality from coal usage to economic growth. This is clear evidence for claiming that lignite plays an important role in the economic growth of the Polish economy. Furthermore, each coal-related variable was found to have a nonlinear causal impact on employment. Because of the relatively short length of available time series we additionally applied bootstrap critical values. The empirical results computed by both methods did not exhibit significant differences. These results have important policy implications. In general, our findings support the hypothesis that closing hard coal mines in Poland should have no significant repercussions on economic growth. However, this does not seem to be true for lignite mines. - Research highlights: → The reduction of hard coal consumption should not hamper economic growth in Poland. → Lignite consumption is an important factor determining economic growth in Poland. → The usage of lignite and hard coal has a causal impact on employment in Poland.

The Economic Impact of Ten Cultural Institutions on the Economy of the Minneapolis-St. Paul SMSA.

Science.gov (United States)

Cwi, David

The impact on the economy of 10 cultural institutions in the Minneapolis-St. Paul area was determined by measuring their 1978 direct and indirect fianancial effects. The institutions are the Children's Theatre Company, Chimera Theatre, Cricket Theatre, Guthrie Theatre, Minneapolis Institute of Arts, Minnesota Dance Theatre, Minnesota Orchestra,…

THE IMPACT OF VAT ON THE ECONOMY IN RELATION TO OTHER TAXES IN SOUTH EAST EUROPE

Directory of Open Access Journals (Sweden)

Petre BREZEANU

2018-06-01

Full Text Available Through this article, we aim to create a multifactorial model of linear regression by which we discover the impact of the most important taxes in an economy in the economies of the countries of Southeastern Europe. We have selected South East Europe to include and Romania in the empirical analysis. So for building the model, we considered it opportune to choose the following independent variables: VAT, Excise, Income Tax. The economy as a whole was considered to be well defined by the Gross Domestic Product it produces, which is why GDP has been selected as a variable. The chosen period spans a sample of 20 years. In conclusion, this study will try to highlight how fiscal pillars, such as VAT, ACIs and income taxes, affect the GDP. In the light of the results obtained, we will try to interpret the coefficients obtained through a fiscal policy that is dominant or not at this level.

Environmental impacts of the emerging digital economy: the e-for-environment e-commerce?

Science.gov (United States)

Sui, Daniel Z; Rejeski, David W

2002-02-01

The Internet-led digital economy is changing both the production and consumption patterns at the global scale. Although great potential exists to harness information technology in general and the Internet in particular and improve the environment, possible negative impacts of e-commerce on the environment should also be considered and dealt with. In this forum, we discuss both the potential positive and negative impacts of e-commerce. Drawing from insights gained from the complexity theory, we also delineate some broad contours for environmental policies in the information age. Given the paradoxical nature of technological innovations, we want to caution the scientific community and policymakers not to treat the Internet as the Holy Grail for environmental salvation.

Impact of Unbalanced Development of Economy on Financial Sector Stability

Directory of Open Access Journals (Sweden)

Kozlov Vladislav I.

2013-11-01

Full Text Available The article is devoted to the study of c connection between the stability of development of the financial sector and its share in the aggregate volume of production. The article conducts a comparative study of the countries that suffered the large-scale financial and economic crisis in 2007 (USA and Great Britain and countries economies of which turned out to be more stable (Czech Republic, Poland and Finland. In the course of the study the article marks out indicators that allow characterisation of the degree of balancing of economic development. The developed approach is applied for analysis of the Ukrainian economy in the pre-crisis period. Results of the study allow assertion that excessive growth of the financial sector increases the risk of realisation of financial and economic crises independent on the level of economic development of a country. The article develops an approach to assessment of the role of the financial sector in economy. It underlines important aspects of its application for analysing economies of developing countries. The article leaves a vast expanse for further studies and focuses on importance of monitoring of the state and development of the financial sector with consideration of the direction and rates of development of other sectors of economy. The obtained results justify the necessity of use of indicators that characterise structure of the national economy by financial sector control bodies.

Applying the Dufournaud econometric model to the determination of the prices dynamics impact over the national economy and over its main vulnerable sectors in connection with the Romanian national economy specificity

Directory of Open Access Journals (Sweden)

Elena Claudia Serban

2008-09-01

Full Text Available In economics, a model represents an abstract, formal image of a phenomenon, process or economic system. It is built by symbolically reproducing the economic theory and by getting new information regarding the behavior of the objective being investigated. In economic theory there are several integrated econometric models meant to underline the interdependency between the branches of a national economy by the public utilities services, especially those connected to energy. The present article presents the first results of our efforts of building an econometric model adapted to the specificity of the Romanian economy, that would underline the impact of the prices modification for public utilities on the Romanian economy as a hole, on the competitiveness of Romanian companies and on the inflation.

The Impact of Employment Nondiscrimination Legislation in South Dakota

OpenAIRE

Goldberg, Naomi G; Badgett, M V Lee; Ramos, Christopher

2010-01-01

This report explores the issue of employment discrimination against lesbian, gay, bisexual, and transgender (LGBT) citizens of South Dakota. We used the best available data from government sources and from recent research to examine the impact of employment discrimination on LGBT people and on South Dakota businesses. Specifically this report concludes that as many as 12,400 gay, lesbian, and bisexual individuals live in South Dakota, and estimates suggest that 2,000 transgender individuals l...

The regional income and employment impacts of nuclear power stations

International Nuclear Information System (INIS)

McGuire, A.

1982-01-01

This paper attempts quantitatively to assess the income and employment impacts associated with two nuclear establishments in Scotland: the United Kingdom Atomic Energy Authority (U.K.A.E.A.) nuclear power establishment at Dounreay in Caithness and the South of Scotland Electricity Board (S.S.E.B.) nuclear power station presently under construction at Torness in the Lothian region. The model used is a basic Keynesian income multiplier model refined to allow detailed analysis of income and employment impacts at a local level. As used in this study it allows the identification of the increase in income and the associated increase in employment relating to the siting of a nuclear power plant in a particular locality. Results are given. The employment multipliers are estimated to be in the range 1.236 to 1.535 for Dounreay and 1.294 to 1.675 for the operational phase of the Torness plant. It is concluded that although the absolute income increases in the respective subregions are significant, compared to the total annual expenditure of the establishments these figures indicate high leakage from the subregions. (UK)

Corruption and the economy

OpenAIRE

Tanzi Vito

2013-01-01

This paper focuses on the economic and not on the political impact of corruption. Corruption delegitimizes the working of a market economy, as well as the outcomes of political processes. This paper highlights ways in which corruption, by distorting economic decisions and the working of the market economy, inevitably reduces a country’s rate of growth. The paper also discusses some of the channels through which corruption distorts various economic decisions. Finally, the paper reports o...

The results of the Survey of Employment in the South Moravian Region in 2009

Directory of Open Access Journals (Sweden)

Ondřej Konečný

2011-01-01

Full Text Available In the second half of 2008, significant impacts of the world economic crisis became evident in the Czech labour market. In 2009, employment and the number of vacancies gradually declined and the number of the unemployed continually increased. This paper aims to show the impact of the crisis on the development (2008–2009 of the structure of employment according to industries and sectors of national economy in South Moravia as revealed by the unique “Survey of Employment in the South Moravian Region on the date of 31 December 2009”. This paper is a presentation of the general parameters of this survey – the number of companies participating in this survey, the number of their employees and regional differences of these characteristics are evaluated. Brief attention is also paid to the expected development of employment in 2010, which is compiled on the basis of the assumed recruitment/release of employees of businesses participating in the survey.

Cancer and its impact on work among the self-employed: A need to bridge the knowledge gap.

Science.gov (United States)

Sharp, L; Torp, S; Van Hoof, E; de Boer, A G E M

2017-09-01

Self-employment-the so-called flexible layer of the economy-has gained importance following the 2007-2008 global economic and financial crisis. In Europe, the self-employed now comprise on average 15% of workers [Eurostat, Labour market and Labour force survey (LFS) statistics, 2016]. Around one-third of self-employed people also provide jobs for others [European Commission, Fact Sheet. 2015 Employment and Social Developments in Europe Review: frequently asked questions, 2016]. Moreover, this group of workers adapts quickly to changing circumstances. In the UK, for instance, recent growth in self-employment is considered to have made an important contribution to labour market recovery [Hatfield, Self-employment in Europe. London, Institute of Public Policy Research, 2015]. Across the European Union self-employment is viewed as a key enabler of sustainable economic growth and, reflecting this, the Europe 2020 strategy encourages member states both to promote self-employment and to remove measures that discourage it [Library of the European Parliament, Self-employment and social security. Effects on innovation and economic growth, 2013]. © 2017 John Wiley & Sons Ltd.

Macroeconomic perspectives on the Danish economy

DEFF Research Database (Denmark)

Andersen, Torben M.; Hougaard Jensen, Svend E.; Risager, Ole

A guide to major economic policy issues in Denmark. Leading Danish and international economists discuss, in comparative conte×t, the Danish economy's performance in the last 40 years, and assess the challenges which Denmark in common with other small, open economies faces in the global economy...... today. Major features include the continuing of academic analysis with policy making e×perience and e×pertise, and the e×amination of topical issues including the impact of EMU on "outsider" nations....

The impact of artificial intelligence on the world economy

OpenAIRE

Kuprevich, T. S.

2017-01-01

In the article the potential benefits and opportunities offered by AI in the world economy are considered. In the course of the research benefits and tendencies of artificial intelligence in the world economy were revealed, the main directions of development and barriers of artificial intelligence adoption are analyzed and revealed. Nowadays artificial intelligence (AI) is going mainstream, driven by machine learning, big data and cloud computing.

Impact of the Nuclear Option on the Environment and the Economy

International Nuclear Information System (INIS)

Rohatgi, Upendra S.; Jo, Jae H.; Lee, John C.; Bari, Robert A.

2002-01-01

The impact of the nuclear option in the national energy outlook on the environment and the U.S. economy is analyzed with the MARKAL-MACRO energy systems computer code. The base case projection by the U.S. Energy Information Administration is the starting point for this study. The possibility of license renewal of the current fleet of U.S. nuclear power plants is considered as well as the introduction of cost-competitive advanced light water reactors. Electricity energy sector projections for fossil fuel plants, renewable energy sources, and nuclear power plants are analyzed on a least cost basis. The impact of constraints on the emissions of greenhouse gases is included in the analysis. It is found that it would be economically favorable to introduce as many as 300 additional nuclear power plants in the United States by the year 2025 to meet emission constraints of limiting emission to the 1990 level in the years beyond 2010

Radical Circular Economy

NARCIS (Netherlands)

Prins, M.; Mohammadi, S.; Slob, N.

2015-01-01

Recently the Circular Economy (CE) concept has gained momentum in the Netherlands, propounding that environmental impact reduction can provide a significant positive economical impulse. The government, larger parts of the industry as a whole, as well as the construction industry, has warmly received

Resource Complementarity and IT Economies of Scale

DEFF Research Database (Denmark)

Woudstra, Ulco; Berghout, Egon; Tan, Chee-Wee

2017-01-01

In this study, we explore economies of scale for IT infrastructure and application services. An in-depth appreciation of economies of scale is imperative for an adequate understanding of the impact of IT investments. Our findings indicate that even low IT spending organizations can make...... a difference by devoting at least 60% of their total IT budget on IT infrastructure in order to foster economies of scale and extract strategic benefits....

An economic review of the collaborative economy

OpenAIRE

Petropoulos, Georgios

2017-01-01

The collaborative economy matches people online who want to share assets and services. This Policy Contribution - i) discusses how the collaborative economy can be defined; ii) provides an overview of evidence about its potential benefits for European economies and the impact of specific platforms in the sectors of their operation; iii) illustrates the criteria that enable professional and non-professional services offered through collaborative platforms to be distinguished; iv) recommends pr...

Assessment of impact of strong earthquakes to the global economy by example of Thoku event

Science.gov (United States)

Tatiana, Skufina; Peter, Skuf'in; Sergey, Baranov; Vera, Samarina; Taisiya, Shatalova

2016-04-01

We examine the economic consequences of strong earthquakes by example of M9 Tahoku one that occurred on March 11, 2011 close to the northeast shore of Japanese coast Honshu. This earthquake became the strongest in the whole history of the seismological observations in this part of the planet. The generated tsunami killed more than 15,700 people, damaged 332,395 buildings and 2,126 roads. The total economic loss in Japan was estimated at 309 billion. The catastrophe in Japan also impacted global economy. To estimate its impact, we used regional and global stock indexes, production indexes, stock prices of the main Japanese, European and US companies, import and export dynamics, as well as the data provided by the custom of Japan. We also demonstrated that the catastrophe substantially affected the markets and on the short run in some indicators it even exceeded the effect of the global financial crisis of 2008. The last strong earthquake occurred in Nepal (25.04.2015, M7.8) and Chile (16.09.2015, M8.3), both actualized the research of cost assessments of the overall economic impact of seismic hazard. We concluded that it is necessary to treat strong earthquakes as one very important factor that affects the world economy depending on their location. The research was supported by Russian Foundation for Basic Research (Project 16-06-00056A).

The Economic Impact of Educational Opportunity

Science.gov (United States)

Wilson, Blenda J.

2005-01-01

New England colleges and universities impact their local and regional economies in many ways. They are often major employers and purchasers. They construct new facilities, attract visitors, provide cultural and intellectual enrichment for the community and boost property values. The knowledge produced by New England's higher education institutions…

Applicability of shift-share analysis in considering employment impacts as applied to investments in nuclear power

Energy Technology Data Exchange (ETDEWEB)

McGuire, A

1982-01-01

An unresolved issue in the continuing debate between the proponents of nuclear power and alternative energy supplies concerns the employment impacts associated with the capital investments required by these different energy sources. Such employment impacts are properly defined as the impact of capital projects upon the local labour market and should not be confined merely to the direct employment associated with new investments. This paper attempts to highlight the local employment impacts associated with the investment in nuclear power stations by examining the effect past investments in such stations have had upon employment and unemployment trends in certain localities. Our analysis is based upon the nuclear power station developments at Hunterston in Ayrshire and Dounreay in Caithness. This allows us to consider and compare the employment impacts of nuclear power stations on a relatively underdeveloped area and an industrialized area. The employment analysis carried out below was based upon employment and unemployment trends and shift-share analysis. Shift-share analysis is not definitive, as we shall suggest below, but it is held to adequately describe local labour market conditions.

Measuring the informal economy in South Africa

Directory of Open Access Journals (Sweden)

S Saunders

2015-01-01

Full Text Available Measuring the size of the South African informal economy has received inadequate attention, making it difficult for policy-makers to assess the impact of policy measures to stimulate informal economic activity. This article aims to estimate the size of the informal economy by using the Currency Demand Approach.  The empirical results reveal that the informal economy as a percentage of GDP decreased from 1967 to 1993, before levelling off.  The growth in the informal econmy has also underperformed in comparison to formal economic growth. There appears to be a causal relationship running from the informal to the formal economy. Macro-economic policies aimed at the formal economy will not necessarily 'trickle down' to the informal, while these polcies aimed at the informal economy may have a profound effect on the formal economy.

Working in the informal economy.

Science.gov (United States)

Kidder, T

2000-07-01

Informal ways of working are widespread and central to the economy and markets. This paper explores what informal economy is and how it could be more valuable for men and women. The informal economy is a mix of the following activities: 1) subsistence work which includes agriculture, marginal economic projects, and unpaid work in the home; 2) informal work which includes unregistered businesses, and illegal or criminal activities; 3) casual production, a sub-contracted or ¿off-the-books¿ work which deprives workers of the benefits tied to recognized employment; and 4) community work and barter. It is shown that more women, when compared to men, work and live on the border between the household and the market economy. Usually men do more technical or mechanized production while women tend to do activities within traditional women's roles. Men and women often have different understanding of what work is. Men consistently underestimate the women's contribution to the household income. To improve this critical issue of gender differences, rules, norms, and laws that cause problems must be identified, and then work can begin with both men and women to change laws and policies, as well as ideas and beliefs about women's contribution to the economy.

Oil price fluctuations and Singapore economy

International Nuclear Information System (INIS)

Youngho Chang; Joonfong Wong

2003-01-01

This study finds that the impact of an oil price shock on the Singapore economy is marginal. Both impulse response and variance decomposition analysis provide reasonable grounds to believe that the impact only had an insignificant adverse effect on Singapore's gross domestic product (GDP), inflation and unemployment rates. Further analysis on two oil vulnerability measures supports the finding: the declining trend of oil intensity in Singapore since 1989 and the declining shares of the Singapore's expenditure on oil consumption as a percentage of its nominal GDP. This study identifies, however, that the impact of an oil price shock on the Singapore economy should not be considered negligible even though it is small. (Author)

Oil price fluctuations and Singapore economy

International Nuclear Information System (INIS)

Chang Youngho; Wong, Joon Fong

2003-01-01

This study finds that the impact of an oil price shock on the Singapore economy is marginal. Both impulse response and variance decomposition analysis provide reasonable grounds to believe that the impact only had an insignificant adverse effect on Singapore's gross domestic product (GDP), inflation and unemployment rates. Further analysis on two oil vulnerability measures supports the finding: the declining trend of oil intensity in Singapore since 1989 and the declining shares of the Singapore's expenditure on oil consumption as a percentage of its nominal GDP. This study identifies, however, that the impact of an oil price shock on the Singapore economy should not be considered negligible even though it is small

Costa Rica as a source of emigrants: a reading from a political economy approach

Directory of Open Access Journals (Sweden)

Gustavo Gatica López

2017-04-01

Full Text Available Available data shows an increase in international migration departing from Costa Rica, mainly to the United States. Based on the data obtained from two surveys conducted with potential emigrants and families with members living abroad, this paper is aimed at understanding their reasons for emigrating. In addition, some socio-economic impacts in four suburbs with high rates of emigration are identified. From a political economy approach, the most appropriate framework to better understand these emigration cases is discussed.  Moreover, the transformation of the employment and productive matrix followed by Costa Rica during the last three decades, as well as the country’s form of insertion into the international economy are two structural factors strongly linked to the emigration of the subjects studied in this paper.

Focus On Impact® for a Profit-Driven Medical Practice, Part I: Capitalize on the New Economy with the First Four Steps of the Focus On Impact® Strategic Model.

Science.gov (United States)

Lipton-Dibner, Wendy

2015-01-01

How do you raise revenues in a practice that is defined by insurance regulations, operating expenses, and an ever-shifting economy? The most effective strategy is completely counterintuitive: to grow your revenues, take your focus off of money and focus every aspect of your practice on making a measurable impact in people's lives. This article presents a proven, step-by-step model to thrive in the new economy by maximizing and capitalizing on your impact so you can reap the rewards of your efforts and recapture the passion that first drove you to serve as a healthcare professional.

China's fuel economy standards for passenger vehicles. Rationale, policy process, and impacts

International Nuclear Information System (INIS)

Oliver, Hongyan H.; Gallagher, Kelly Sims; Tian, Donglian; Zhang, Jinhua

2009-01-01

China issued its first Fuel Economy Standards (FES) for light-duty passenger vehicles (LDPV) in September 2004, and the first and second phases of the FES took effective in July 2005 and January 2008, respectively. The stringency of the Chinese FES ranks third globally, following the Japanese and European standards. In this paper, we first review the policy-making background, including the motivations, key players, and the process; and then explain the content and the features of the FES and why there was no compliance flexibility built into it. Next, we assess the various aspects of the standard's impact, including fuel economy improvement, technology changes, shift of market composition, and overall fuel savings. Lastly, we comment on the prospect of tightening the existing FES and summarize the complementary policies that have been adopted or may be considered by the Chinese government for further promoting efficient vehicles and reducing transport energy consumption. The Chinese experience is highly relevant for countries that are also experiencing or anticipating rapid growth in personal vehicles, those wishing to moderate an increase in oil demand, or those desirous of vehicle technology upgrades. (author)

Impacts of Seaport Investment on the Economic Growth

Directory of Open Access Journals (Sweden)

Tahar Ammar Jouili

2016-08-01

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

How do macro-level contexts and policies affect the employment chances of chronically ill and disabled people? Part I: The impact of recession and deindustrialization.

Science.gov (United States)

Holland, Paula; Burström, Bo; Whitehead, Margaret; Diderichsen, Finn; Dahl, Espen; Barr, Ben; Nylén, Lotta; Chen, Wen-Hao; Thielen, Karsten; van der Wel, Kjetil A; Clayton, Stephen; Uppal, Sharanjit

2011-01-01

Low employment rates of chronically ill and disabled people are of serious concern. Being out of work increases the risk of poverty and social exclusion, which may further damage the health of these groups, exacerbating health inequalities. Macro-level policies have a potentially tremendous impact on their employment chances, and these influences urgently need to be understood as the current economic crisis intensifies. In Part I of this two-part study, the authors examine employment trends for people who report a chronic illness or disability, by gender and educational level, in Canada, Denmark, Norway, Sweden, and the United Kingdom in the context of economic booms and busts and deindustrialization. People with the double burden of chronic illness and low education have become increasingly marginalized from the labor market. Deindustrialization may have played a part in this process. In addition, periods of high unemployment have sparked a downward trend in employment for already marginalized groups who did not feel the benefits when the economy improved. Norway and Sweden have been better able to protect the employment of these groups than the United Kingdom and Canada. These contextual differences suggest that other macro-level factors, such as active and passive labor market polices, may be important, as examined in part II.

The economy-wide impact of pandemic influenza on the UK: a computable general equilibrium modelling experiment.

Science.gov (United States)

Smith, Richard D; Keogh-Brown, Marcus R; Barnett, Tony; Tait, Joyce

2009-11-19

To estimate the potential economic impact of pandemic influenza, associated behavioural responses, school closures, and vaccination on the United Kingdom. A computable general equilibrium model of the UK economy was specified for various combinations of mortality and morbidity from pandemic influenza, vaccine efficacy, school closures, and prophylactic absenteeism using published data. The 2004 UK economy (the most up to date available with suitable economic data). The economic impact of various scenarios with different pandemic severity, vaccination, school closure, and prophylactic absenteeism specified in terms of gross domestic product, output from different economic sectors, and equivalent variation. The costs related to illness alone ranged between 0.5% and 1.0% of gross domestic product ( pound8.4bn to pound16.8bn) for low fatality scenarios, 3.3% and 4.3% ( pound55.5bn to pound72.3bn) for high fatality scenarios, and larger still for an extreme pandemic. School closure increases the economic impact, particularly for mild pandemics. If widespread behavioural change takes place and there is large scale prophylactic absence from work, the economic impact would be notably increased with few health benefits. Vaccination with a pre-pandemic vaccine could save 0.13% to 2.3% of gross domestic product ( pound2.2bn to pound38.6bn); a single dose of a matched vaccine could save 0.3% to 4.3% ( pound5.0bn to pound72.3bn); and two doses of a matched vaccine could limit the overall economic impact to about 1% of gross domestic product for all disease scenarios. Balancing school closure against "business as usual" and obtaining sufficient stocks of effective vaccine are more important factors in determining the economic impact of an influenza pandemic than is the disease itself. Prophylactic absence from work in response to fear of infection can add considerably to the economic impact.

The net employment impact of energy transition in France: An input-output analysis of the 'negaWatt' scenario

International Nuclear Information System (INIS)

Quirion, Philippe

2013-04-01

We study the impact on employment in France of the implementation of the energy transition scenario built by negaWatt (2011), which provides a massive development of energy savings (through measures of sufficiency and energy efficiency) and renewable energy between 2012 and 2050. Compared to 2010, this scenario results in a halving of CO 2 emissions from energy sources in France in 2030 and a division by 16 in 2050, without capture and storage of CO 2 , without implementation of new nuclear power plant and closing existing plants after 40 years of operation at maximum. We calculate the effect on employment of the implementation of this scenario compared to a baseline scenario that extends recent developments and considers the policies already decided. The method used to calculate the effect on employment of each scenario is to calculate the cost of the main technical and organizational options used, to allocate these costs among the 118 branches of the French economy and multiply these costs by the employment content of each branch. The latter is estimated by input-output analysis, which enables the recording of jobs generated by the production of all inputs. One of two scenarios being more expensive than the other, one must take into account the negative effect on employment of funding such costs. For this, it is assumed that this additional cost is borne by households and that they decrease their consumption accordingly by the same amount. This avoids biasing the results in favour of the most expensive scenario. The implementation of negaWatt scenario leads to a positive effect on employment, on the order of 240 000 full-time equivalent jobs in 2020 and 630,000 in 2030. We study the sensitivity of results to assumptions on prices of imported energy, the evolution of labour productivity, the distribution of costs between households and governments, and finally the consumption-savings decision. The effect on employment is largely positive in all cases. (author)

Making women's voices heard: technological change and women's employment in Malaysia.

Science.gov (United States)

Ng Choon Sim, C

1999-01-01

This paper examines the 1994-96 UN University Institute for New Technologies policy research project on technological change and women's employment in Asia. The project was conducted to provide a voice for nongovernmental organizations (NGOs) representing women workers. It focuses on the Malaysian experience in terms of the impact of technology on women's work and employment in the telecommunications and electronic industry. The results of the NGO research project revealed that the shift to a more intensive production has no uniform impact on women. Although new jobs were created, women employment status remains vulnerable. Meaning, female workers are afraid of the technological redundancy, casualization of labor, as well as health and safety hazards associated with new technology. A good example of the effect of industrialization to women¿s rights is the situation in Malaysia. Although cutting edge technology, combined with restructuring, has yielded some benefits in terms of a vastly expanded network and services, better performances and economies of scale, employment situation of the majority of women still remained in the low-skilled or semi-skilled categories. In order to upgrade women employment status along with the technological advancement, open communication and cooperation of all types is needed to ensure a successful outcome.

Essays on Political Economy of the Media

OpenAIRE

Lam, Onyi

2017-01-01

My research focuses on understanding the political economy of traditional and newmedia. I study these issues by exploiting natural experiments, employing data techniquesborrowed from machine learning and using both observational data from traditional andnew sources.

Economic uncertainty and its impact on the Croatian economy

Directory of Open Access Journals (Sweden)

Petar Soric

2017-12-01

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

IMPACT OF FOREIGN DIRECT INVESTMENTS ON CROATIAN FINANCIAL GROWTH

Directory of Open Access Journals (Sweden)

Zoran Ivanovic

2014-12-01

Full Text Available Foreign direct investments are for the transition and less developed countries very important source of capital. Such investments have very positive impact on country’s economy in terms of employment growth, industrial production growth, gross domestic product growth, favorable effects on the balance of payments and many other positive impacts for country economy, so it’s not strange that countries in the absence of its domestic investors, are trying to attract foreign investors. Foreign investors analyze in detail possibilities and risks of each country, and if the risks exceed the opportunities there will be no inflow of foreign capital. Therefore every country which is trying to attract foreign direct investments must take care about the policy and its economy and try to be most attractive as it can be.

Chinese International Students' Perspective and Strategies in Preparing for Their Future Employability

Science.gov (United States)

Huang, Rong; Turner, Rebecca; Chen, Qian

2014-01-01

Graduate employability and the contribution graduates make to the UK economy have been widely debated by policy-makers; however, little attention has been paid to the employability of international students. Given the growing significance of international students to the UK economy this is an interesting oversight; this article addresses this…

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...

GENERAL OVERWIEV ON EU ECONOMY

Directory of Open Access Journals (Sweden)

NICOLETA GEORGETA PANAIT

2013-05-01

Full Text Available The impact of the international economic crisis on new EU member states has proven to be more severe than the first estimates of the economic analysts. The situation is different for each Member State, the nature and the dimension of the challenges faced are not identical, and the pace of reform is not the same. The economic crisis has prompted intense and sustained action by the EU's national governments, the European Central Bank and the Commission. All have been working closely together to support growth and employment, ensure financial stability, and put in place a better governance system for the future. Sustainable development in the future is the common responsibility of all Member States and EU institutions, because our economies are closely interlinked, and the EU economic governance now reconfigured to provide more effective responses at the policy level, to give a good reaction to the present and the future challenges.

Nitrogen use efficiency in the US economy: Towards mitigation of climate change impacts

Science.gov (United States)

Houlton, B. Z.; Boyer, E. W.; Finzi, A. C.; Galloway, J. N.; Leach, A.; Liptzin, D.; Melillo, J. M.; Rosenstock, T.; Sobota, D. J.; Townsend, A. R.

2011-12-01

Nitrogen (N) interacts strongly with climate change in determining the severity and extent of many human health and environmental issues, such as eutrophication, poor air quality, and the maintenance of a secure food system. We were motivated by such N-climate interactions and their environmental impacts as part of a broader assessment of N in the continental United States. We here seek to identify and quantify inefficiencies associated with intentional N creation (i.e., creating synthetic N fertilizers and cultivating N-fixing legumes) among the major N-dependent sectors of the United States economy. We define efficiency of N use as the proportion N directly incorporated into food, fiber, biofuel, and industrial goods from the pool of intentionally created N. We are interested in whether reductions in N use could be achieved without changing the current functioning of the major N-dependent economic sectors. Our analysis points to substantial inefficiencies in N use at the national scale. A large percentage of the N applied as synthetic fertilizer and fixed by legumes annually fails to enter the United States food supply. Much of the unincorporated N enters air, land and water, where it can impact human health and ecosystems. The climate change forcing of N is uncertain, though it appears that the combined effects of intentionally and unintentionally created N on climate is roughly neutral in the United States (i.e., net effect of N-enhanced C storage, nitrous oxide emissions, N-based aerosols, and tropospheric ozone on climate forcing). Thus, it is reasonable to expect that improved efficiencies in N use would have minimal negative side effects on the United States economy, human health and the environment. We suggest that policies aimed at improving N-use efficiencies are an alternative to direct climate mitigation strategies in offsetting several impacts of climate change on human health and ecosystem functioning.

Growth, Employment and Structural Change

DEFF Research Database (Denmark)

Aggarwal, Aradhna

2016-01-01

This paper studies the decomposition of GSDP growth per capita in Punjab via-a-vis 15 other states in India during 1993–94 and 2011–12 in terms of employment and productivity growth. Specifically, it focuses on the role of employment growth and structural change in employment on economic growth...... but structural shifts have paid off well in terms of diversification of the economy and their contribution to labour productivity especially for manufacturing. Overall employment effect had been negative but this was essentially due to contraction in the labour force; the employment rate effect turned out...

Evaluating the income and employment impacts of gas cooling technologies

Energy Technology Data Exchange (ETDEWEB)

Hughes, P.J. [Oak Ridge National Lab., TN (United States); Laitner, S.

1995-03-01

The purpose of this study is to estimate the potential employment and income benefits of the emerging market for gas cooling products. The emphasis here is on exports because that is the major opportunity for the U.S. heating, ventilating, and air-conditioning (HVAC) industry. But domestic markets are also important and considered here because without a significant domestic market, it is unlikely that the plant investments, jobs, and income associated with gas cooling exports would be retained within the United States. The prospects for significant gas cooling exports appear promising for a variety of reasons. There is an expanding need for cooling in the developing world, natural gas is widely available, electric infrastructures are over-stressed in many areas, and the cost of building new gas infrastructure is modest compared to the cost of new electric infrastructure. Global gas cooling competition is currently limited, with Japanese and U.S. companies, and their foreign business partners, the only product sources. U.S. manufacturers of HVAC products are well positioned to compete globally, and are already one of the faster growing goods-exporting sectors of the U.S. economy. Net HVAC exports grew by over 800 percent from 1987 to 1992 and currently exceed $2.6 billion annually (ARI 1994). Net gas cooling job and income creation are estimated using an economic input-output model to compare a reference case to a gas cooling scenario. The reference case reflects current policies, practices, and trends with respect to conventional electric cooling technologies. The gas cooling scenario examines the impact of accelerated use of natural gas cooling technologies here and abroad.

Conference Modernization of Economy and the State

Czech Academy of Sciences Publication Activity Database

Laštovková, Jitka

2006-01-01

Roč. 42, č. 4 (2006), s. 835-837 ISSN 0038-0288. [Conference Modernization of Economy and the State. Moskva, 04.04.2006-06.04.2006] Institutional research plan: CEZ:AV0Z70280505 Keywords : conference * economy * role of state Subject RIV: AO - Sociology, Demography Impact factor: 0.128, year: 2006

The rise of precarious employment in Germany

OpenAIRE

Brady, David; Biegert, Thomas

2017-01-01

Long considered the classic coordinated market economy featuring employment security and relatively little employment precarity, the German labor market has undergone profound changes in recent decades. We assess the evidence for a rise in precarious employment in Germany from 1984 to 2013. Using data from the German Socio-Economic Panel (SOEP) through the Luxembourg Income Study, we examine low-wage employment, working poverty, and temporary employment. We also analyze changes in the demogra...

The role of the health care sector in the U.S. economy.

Science.gov (United States)

Foley, J

1993-10-01

This Issue Brief discusses factors that contribute to the growth of health care expenditures and the reasons that many individuals, employers, and policymakers consider health expenditures too high. In addition, it describes various industries that make up the health care delivery system and their role in the U.S. economy as employers, producers, exporters, and suppliers of research and development. The report also discusses the economic implications of rising health care expenditures for individuals, employers, and the federal government and the potential impact of proposed health care reform on the health care sector and the U.S. economy as a whole. Health care delivery industries such as pharmaceuticals and medical equipment suppliers have higher than average research and development levels, in addition to a positive balance of trade. Moreover, while the total number of jobs in the private sector declined between 1990 and 1993, the number of jobs in the relatively high paid health services sector continued to grow. In aggregate, employer spending on health care represents only 6.6 percent of total labor costs. In comparison, wages and salaries represent 83 percent of total labor costs. Consequently, the growth rate of health care expenditures has a smaller impact on the growth rate of total compensation than does the growth rate in wages and salaries. Using job multipliers developed by the U.S. Department of Commerce, it is estimated that the 18,600 health care services jobs in Rochester, Minnesota in 1993 created another 32,000 jobs in the area. Any contraction of the health care sector in cities that have a large concentration of employment in health services would result in reduced employment in restaurants, retail stores, janitorial services, and other local businesses. EBRI's simulations estimated that between 200,000 and 1.2 million workers could become unemployed as a direct result of a mandate that employers provide health benefits to their employees

Impact of employment instability on socio-economic position of employees

Directory of Open Access Journals (Sweden)

Vyacheslav Nikolaevich Bobkov

2013-12-01

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

Climate Change and employment. Impact on employment in the European Union-25 of climate change and CO2 emission reduction measures by 2030

Energy Technology Data Exchange (ETDEWEB)

Dupressoir, S.; Belen Sanchez, A.; Bobe, P.; Hoefele, V. (and others)

2007-05-15

This study was intended provide an analysis of the potential costs and benefits for employment of the policies and measures against climate change as well as of the manifestations of the consequences of climate change in Europe. This report comprises two divisions. The first, entitled 'Impact of climate change', attempts to determine the potential impact on employment in Europe of the consequences of climate change (Part 1). The second, entitled 'Impact of CO2 emission reduction measures', analyses the potential implications for employment of climate-change prevention policies in the EU with time-horizons of 2012 and 2030 (Parts 2 to 4). The conclusions and recommendations of the study appear in four parts : Part 1 analyses the potential consequences for employment of climatic warming in Europe; Part 2 presents the objectives, the hypotheses and the methodology of the 'impact of CO2 emission reduction measures' division; Part 3 analyses the foreseeable effects of CO2 emission reduction measures on employment in Europe; Part 4 offers general (or sector-wide) recommendations for measures and policies to promote positive effects and prevent negative effects. The concluding part discusses the uncertainties and identifies the questions deserving further investigation.

The economic impact of South Africa’s international airports

Directory of Open Access Journals (Sweden)

Rose Luke

2010-11-01

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

Overjustification effects in token economies.

Science.gov (United States)

Fisher, E B

1979-01-01

This study tested the relevance to clinical token economies of the overjustification hypothesis that tangible reward interferes with intrinsic interest in target behaviors and causes such behaviors to be less probable following a period of reinforcement than preceding such a period. The study was carried out in an ongoing token economy for chronic psychiatric patients. Alternated over an 8-week period were weeks of token and no-token reward for one of the program's target behaviors, toothbrushing. Two different amounts of token reward were employed in order to examine whether reward magnitude might influence the presence or extent of overjustification effects. Little evidence was found for the presence of overjustification effects in token economies. However, maintenance of toothbrushing was greater in no-token weeks following weeks of low amounts of token reward than in no-token weeks following weeks of higher amounts of reward. The importance of such complex functional relationships is discussed. PMID:511808

The Changing Nature of Doing Business in Transition Economies

DEFF Research Database (Denmark)

The Changing Nature of Doing Business in Transition Economies uses a variety of national backgrounds to review the advancing business development of emerging economies and the impact of changing business conditions. It provides detailed insights into the way in which businesses function...... successfully in emerging economies with a comprehensive overview of the major strategic aspects involved....

The economic impact of Music festivals on the tourism economy. Nos Alice case study

OpenAIRE

Paolicelli, Michela

2017-01-01

In the recent times, music festivals are being used as relevant tools for tourism development and promotion thanks to their capacity to attract tourists in every moment of the year. For this reason, it becomes extremely important for policy-makers and festival organizers to quantify and examine the economic, social and cultural impact of these special events on the local economy. This paper is focused on NOS Alive, a famous music Festival held in the city of Lisbon. The main objective of this...

The applicability of shift-share analysis in considering employment impacts as applied to investments in nuclear power

International Nuclear Information System (INIS)

McGuire, A.

1982-01-01

An unresolved issue in the continuing debate between the proponents of nuclear power and alternative energy supplies concerns the employment impacts associated with the capital investments required by these different energy sources. Such employment impacts are properly defined as the impact of capital projects upon the local labour market and should not be confined merely to the direct employment associated with new investments. This paper attempts to highlight the local employment impacts associated with the investment in nuclear power stations by examining the effect past investments in such stations have had upon employment and unemployment trends in certain localities. Our analysis is based upon the nuclear power station developments at Hunterston in Ayrshire and Dounreay in Caithness. This allows us to consider and compare the employment impacts of nuclear power stations on a relatively underdeveloped area and an industrialized area. The employment analysis carried out below was based upon employment and unemployment trends and shift-share analysis. Shift-share analysis is not definitive, as we shall suggest below, but it is held to adequately describe local labour market conditions. (author)

ECOTOURISM AND THE ECONOMY: CASE STUDY OF MARA & AMBOSELI IN KENYA

Directory of Open Access Journals (Sweden)

Roselyne N. OKECH

2008-06-01

Full Text Available The Kenyan government sees ecotourism as having the potential of becoming a moderately useful tool for locally directed and participatory rural development based on a rational utilization of environmental and cultural resources on which tourism relays on. We therefore need a better understanding of ecotourism’s impacts, and how those impacts are affected by various development and management strategies. Furthermore, ecotourism not only provides revenue and employment, but also causes undesirable environmental and social change. Unfortunately, these costs of ecotourism development are rarely evaluated in detail. If ecotourism is indeed promoting a region’s welfare, it is vital that apart from the economic potential, environmental and social costs that also need to be identified, these costs enter into any decisions about ecotourism development. This paper contributes to a greater understanding of the linkages between ecotourism and the economy from the Kenyan perspective. Research was undertaken in communities adjacent to Masai Mara and Amboseli area in Kenya. The study examined the relationships between ecotourism and economy with a view to understanding how the benefits, if any, are utilized within the communities.

The impact of financial development on energy consumption in emerging economies

International Nuclear Information System (INIS)

Sadorsky, Perry

2010-01-01

Financial development is often cited as a very important driver of economic growth in emerging economies and it is thus likely that financial development affects energy demand. This study uses generalized method of moments estimation techniques to examine the impact of financial development on energy consumption in a sample of emerging countries. Several different measures of financial development are examined. Using a panel data set on 22 emerging countries covering the period 1990-2006, the empirical results show a positive and statistically significant relationship between financial development and energy consumption when financial development is measured using stock market variables like stock market capitalization to GDP, stock market value traded to GDP, and stock market turnover. The implications of these results for energy policy are discussed.

The Impact of Hours Flexibility on Career Employment, Bridge Jobs, and the Timing of Retirement

OpenAIRE

Kevin E. Cahill; Michael D. Giandrea; Joseph F. Quinn

2014-01-01

To what extent does hours flexibility in career employment impact the retirement process? Workplace flexibility policies have the potential to improve both the welfare of employees and the business outcomes of employers. These policies, and hours flexibility in particular for older Americans, have also been touted as a way to reduce turnover. For older Americans, reductions in turnover could mean more years in career employment, fewer years in bridge employment, and little or no impact on the...

Economic impacts of Alberta's oil sands, volume 1

International Nuclear Information System (INIS)

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

2005-01-01

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

Disarmament and Employment: Background for a Research Programme.

Science.gov (United States)

Sabolo, Yves

1983-01-01

As background to a series of articles on the effects of disarmament on employment, the author assesses the present importance of armaments industries in the world economy, including the number of people directly or indirectly employed in military equipment production and services. He also discusses employment problems posed by disarmament.…

Policies to contend with climate change : positive impacts on employment in Europe and France

International Nuclear Information System (INIS)

Gaudin, T.; Bouchereau, J.M.

2007-01-01

The impact of climate change on the evolution of our society and economy was discussed. Studies have shown that the fight against climate change could result in the creation of many jobs. This article proposed several strategies to undertake, with particular reference to investment in energy conservation and the use of renewable energy. It promoted the frugal use of energy resources, notably fossil fuels, which are becoming scare. It also argued that investment in energy conservation and renewable energy sources is no long a luxury, but a necessity. It provided examples of how these investments are guided by profitability. For example, an investment to insulate a house in 1998 will be completely recuperated by 2005 due to savings in energy costs, after which time energy savings will continue. In addition to environmental protection and energy conservation, another benefit associated with the fight against climate change is job creation in areas such as insulating houses or the production of biofuels. By nature, renewable energy is local and decentralized. As such, it offers the opportunity for local jobs at or near the site of consumption. Examples of direct employment were depicted. In the transportation sector, half the amount of energy is needed to move in mass transit compared to individual cars, while creating twice the employment. Although the initial investment in mass transit is costly, the advantages are far from limited to energy conservation and employment. They include security, and improved health of people in cities which results in lower social costs. In France, the insulation of old buildings constructed before the introduction of new laws on thermal standards also generated employment. It is expected that 20,000 to 30,000 perennial jobs in agriculture and industrial manufacturing will been created in France by 2010 for the biofuel industry alone. Energy conservation will result in a drop in traditional energy consumption, this being the first goal

NAFTA: The Mexican Economy, and Undocumented Migration

Science.gov (United States)

2011-10-28

NAFTA contributed to modest increases in Mexican formal employment since 1994. Since employment constitutes one of the chief factors affecting poverty...any other provision of law , no person shall be subject to any penalty for failing to comply with a collection of information if it does not display a...FINAL 3. DATES COVERED (From - To) 4. TITLE AND SUBTITLE NAFTA , the Mexican Economy, and Undocumented Migration 5a

Leadership and the Nigerian Economy

Directory of Open Access Journals (Sweden)

Victor E. Dike

2014-02-01

Full Text Available The Nigerian economy is largely oil-based. Some people would rather say it is a mono-product economy. The economy has been in dire straits over the years, because of a combination of the neglect of education, especially technical and vocational education and science-based technology education, poor leadership and governance, corruption, as well as poor monetary and fiscal policies. All these have made a review of the poor investment in human capital development and infrastructure and institutions that drive the Nigerian economy and national development rather compelling. The political leaders have always raised the people’s hope by painting glowing pictures of their development plans and how they would stimulate the economy and improve the people’s living conditions. Thus, they swore that they would give priority attention to human capital development and national development, and empower the citizens, particularly the poorly educated, unskilled, and unemployed youths, with relevant human skills capital and entrepreneurial skills to enable them to contribute profoundly to national development. Yet the political leaders have, over the years, failed to adequately fund education and strengthen the infrastructure and institutions that would drive the economy and create employment for the teeming population. Both the new-breed politicians, like the old politicians before them, are promising to transform the nation into an industrialized society and the people cannot hold their expectations. The reality though is that Nigeria cannot become an industrialized society without investing abundantly in human capital development (education and health, leadership, and technological capabilities, which means investing in the future development of the nation.

Impact of Clusters on Innovation, Knowledge and Competitiveness in the Romanian Economy

Directory of Open Access Journals (Sweden)

Cristina VLĂSCEANU

2014-06-01

Full Text Available The concept of clusters has become extremely popular in the recent years, as more and more practitioners and theorists refer to it.From my point of view, clusters are the ideal structure for some companies to build their skills, knowledge and know-how together. To the same extent, this form of organization enables the creation of common structures / facilities, which allows the smaller firms or the ones that lack experience to learn from the ones with more experience and to benefit from their more advanced capabilities, and thus to grow together. Moreover, the participation, collaboration and cooperation of universities, institutes, research centers and other organizations/entities inside a cluster undoubtedly leads to the growth of the economic development of the region, from which the cluster is part of. In the case of Romania, the eight development regions could greatly benefit from the formation and implementation of clusters. With the shift to a knowledge-based economy and society, the difference, made by clusters and creative networks that promote innovation, is now clear. Thus, the purpose of this paper is to outline the benefits that can come from the development of clusters, and to highlight the impact of clusters on innovation, knowledge and competitiveness in the Romanian Economy.

Marginal Employment Growth Effects In The South African Economy

OpenAIRE

Irrshad Kaseeram; Darma Mahadea

2017-01-01

South Africa relative to its peers (upper middle income countries) suffers from high unemployment and sub-optimal economic growth. This study investigates the ‘marginal effects of employment’ with respect to real output and capital in South Africa, using annual data covering the period 1946-2015.  It estimates the responsiveness of employment to real output growth and capital, employing the short and long-run dynamic interactions between these variables via the application of the VAR/VECM Joh...

The profitability of energy investments. Impact studies made on regional and national economies; Energiainvestointien alue- ja kansantaloudellinen kannattavuustarkastelu

Energy Technology Data Exchange (ETDEWEB)

Karttunen, V.; Vanhanen, J.; Vehvilainen, I.; Pesola, A.; Oja, L. [Gaia Consulting Oy, Helsinki (Finland)

2013-11-01

This study has shed light on the question whether it is economically justifiable to accelerate the replacing of imported fossil fuels with domestic fuels. This question has been evaluated through assessing the impacts of different energy production solutions on regional and national economies. The results are based on case studies where three types of energy investments have been examined: a 140 MW biomass gasification plant operated by Vaskiluodon Voima, a 162 MW multi-fuel combined heat and power (CHP) plant operated by Kuopio Energy, and a 0.8 MW wood chip boiler investment planned for the local heating network in Kaemmenniemi, Tampere. The calculations are based on a cash flow analysis where the aim is to assess the cash flows resulting from the investments to different stakeholders. The cash flow impacts are reported on four different levels: companies, private persons, municipalities and the government. In addition, impacts on the national current account have been assessed. The analysis of the biomass gasification plant in Vaskiluoto included a comparison of the actual realised investment and a situation where the investment would not have been made and where coal-fired energy production would have continued. With the current extremely low prices of carbon credits, the traditional company-specific analysis model, where only the impacts on the cash flows of the power plant company and its owners are considered, would lead to a situation where it would have been more profitable to continue the use of coal. However, from the regional and national economy points of view, this would be an unfavourable solution: the companies and private persons that form the domestic fuel value chain (wage earners and forest owners) would miss out on a 6.6 million EUR profit. Regarding the new multi-fuel CHP plant in Haapaniemi (operated by Kuopio Energy), the analysis has compared two extremities: energy production with a maximum share (70 %) of domestic wood-based fuel and the

Assessment of primary impacts of a hydrogen economy in New Zealand using UniSyD

International Nuclear Information System (INIS)

Leaver, Jonathan D.; Gillingham, Kenneth T.; Leaver, Luke H.T.

2009-01-01

Small economies such as New Zealand risk significant economic hardship without careful evaluation of alternatives to petroleum-based transportation due to the adverse effects of climate change and depleting international oil reserves. This paper uses an integrated multi-regional multi-fleet system dynamics model of New Zealand's energy economy to assess the primary impacts of alternative vehicle fleet technologies. Results suggest that hydrogen fuelled HICEs and FCVs may offer significantly greater economic savings than BEVs due to a much lower capital cost. Under our Base Case, 65% of the light fleet are HICEs and FCVs and 5% BEVs. Excluding hydrogen vehicles from the vehicle fleet can result in an average annual cost of US$562 per vehicle between 2015 and 2050. Co-production of hydrogen and electricity using coal gasification with carbon capture and storage is the dominant long term hydrogen production technology. (author)

[The evolution of employment in Mexico: 1895-1980].

Science.gov (United States)

Rendon, T; Salas, C

1987-01-01

Employment figures from the Mexican national census are the basis for this analysis of employment changes in Mexico between 1895-1980. The work identifies longterm trends in the volume and composition of employment and distinguishes 3 main periods in the evolution of employment. The first period, from 1895-1930, marked the end of a stage of development lasting until about 1907 in which sufficient internal stability was achieved to support Mexico's entrance into the world market. Export of agricultural products and metals was the principal focus of economic growth. Construction of roads and railroads was a central element of progress. But economic and social problems manifested in regional disparities, concentration of wealth, conflicts between economic sectors, low pay for agricultural workers, and fierce social and political control characterized the period and culminated in the Mexican Revolution. After the first decade of the 20th century the ability of the economy to absorb new workers began to decline, and the falling of crude activity rates was not reversed until the 1940s. During the 1920s, total employment increased less than 6%, reflecting a net increase of 403,000 male workers and a decrease of 110,000 female workers. The second major period of employment from 1930-1970 saw the change from an economy based on export of primary products to one based on manufacturing for the internal market. There were 2 subperiods, a stage of transition from 1930-50, the economy registered marked fluctuations, but by the 1940s the consolidation of state power and important reforms permitting expansion of the internal market were factors in an accelerated growth of employment relative to the preceding intercensal period. Despite considerable increases in agricultural employment, the relative share of the agricultural sector in total employment was beginning a decline. Employment registered the highest growth rates of the century in the 1940s and exceeded population growth

European biorefineries: Implications for land, trade and employment

International Nuclear Information System (INIS)

Thornley, Patricia; Chong, Katie; Bridgwater, Tony

2014-01-01

Highlights: • Five diverse European member states could support around 30 biorefineries. • The facilities would create around 2 million man-years of employment. • Biorefineries create more jobs per unit of feedstock than bioelectricity plants. • Contribution to national GDP is very small; but agriculturally significant. • Increased straw demand could indirectly increase greenhouse gas emissions. - Abstract: Biorefineries are expected to play a major role in a future low carbon economy and substantial investments are being made to support this vision. However, it is important to consider the wider socio-economic impacts of such a transition. This paper quantifies the potential trade, employment and land impacts of economically viable European biorefinery options based on indigenous straw and wood feedstocks. It illustrates how there could be potential for 70–80 European biorefineries, but not hundreds. A single facility could generate tens of thousands of man-years of employment and employment creation per unit of feedstock is higher than for biomass power plants. However, contribution to national GDP is unlikely to exceed 1% in European member states, although contributions to national agricultural productivity may be more significant, particularly with straw feedstocks. There is also a risk that biorefinery development could result in reduced rates of straw incorporation into soil, raising concerns that economically rational decisions to sell rather than reincorporate straw could result in increased agricultural land-use or greenhouse gas emissions

The oil and gas industry and the Canadian economy: a backgrounder

International Nuclear Information System (INIS)

Curran, R.

2000-02-01

The impact of the oil and natural gas industry on the Canadian economy is explained in terms of employment, balance of trade, products, government revenues, international technology trade and industry support to the community. It is reported that the industry employs almost one half million people in Canada; is the second largest contributor to Canada's balance of trade; generate billions of dollars for the economy and pays hundreds of millions of dollars in taxes and its employees contribute millions of dollars and thousands of hours of time to charitable and community organizations. The industry is also one of the major contributors to Canada's technology export through its leadership in high technology exploration methods, cold climate and offshore operations, enhanced recovery technologies, producing and processing heavy oil; mining and upgrading oil sands bitumen, oil-well firefighting techniques and environmental protection technologies, among others. Citing Canada's cold climate and energy-intensive industries, hence the need for large quantities of energy, the booklet offers a rationale for the industry's need to continue to be profitable in order to develop new sources of oil and gas production and invest in energy-efficient technologies. Assuming continued profitability, combined with more efficient use of oil and gas, the Foundation remains confident that the industry will provide energy security and export revenues for the benefit of all Canadians. 12 refs., photos

Retail payments and the real economy

OpenAIRE

Hasan, Iftekhar; De Renzis, Tania; Schmiedel, Heiko

2013-01-01

This paper examines the fundamental relationship between retail payments and the real economy. Using data from across 27 European markets over the period 1995-2009, the results confirm that migration to efficient electronic retail payments stimulates the overall economy, consumption and trade. Among different payment instruments, this relationship is strongest for card payments, followed by credit transfers. Cheque payments are found to have a relatively low macroeconomic impact. Retail payme...

The impact of energy price shocks on the UK economy

International Nuclear Information System (INIS)

2007-01-01

This report describes the results of six scenarios considering the impact of energy price shocks on the UK economy. The six scenarios considered are: UK aggregate energy price scenario; pan-Europe aggregate energy price; global aggregate energy price; UK temporary gas price; UK permanent gas price; crude (Brent) oil price. As expected, shocks to aggregate energy prices cause the largest macroeconomic and energy demand effects (in terms of growth rate volatility). Shocks to gas prices produce a greater growth volatility for macroeconomic and energy demand than shocks to oil prices. In general terms, shocks specific to the UK market tend to produce more growth rate volatility than wider ranging price shocks (global or pan-European). All of the price shocks considered have a recursive effect on the main indicators, which tend to stabilise around the baseline level in the long run. The report summarises the results obtained in the different scenarios

Impact of inflation on the macroeconomic indicators in transition economies

Directory of Open Access Journals (Sweden)

Ranković Marko

2012-06-01

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

Network analysis of Chinese provincial economies

Science.gov (United States)

Sun, Xiaoqi; An, Haizhong; Liu, Xiaojia

2018-02-01

Global economic system is a huge network formed by national subnetworks that contains the provincial networks. As the second largest world economy, China has "too big to fail" impact on the interconnected global economy. Detecting the critical sectors and vital linkages inside Chinese economic network is meaningful for understanding the origin of this Chinese impact. Different from tradition network research at national level, this paper focuses on the provincial networks and inter-provincial network. Using Chinese inter-regional input-output table to construct 30 provincial input-output networks and one inter-provincial input-output network, we identify central sectors and vital linkages, as well as analyze economic structure similarity. Results show that (1) Communication Devices sector in Guangdong and that in Jiangsu, Transportation and Storage sector in Shanghai play critical roles in Chinese economy. (2) Advanced manufactures and services industry occupy the central positions in eastern provincial economies, while Construction sector, Heavy industry, and Wholesale and Retail Trades sector are influential in middle and western provinces. (3) The critical monetary flow paths in Chinese economy are Communication Devices sector to Communication Devices sector in Guangdong, Metals Mining sector to Iron and Steel Smelting sector in Henan, Communication Devices sector to Communication Devices sector in Jiangsu, as well as Petroleum Mining sector in Heilongjiang to Petroleum Processing sector in Liaoning. (4) Collective influence results suggest that Finance sector, Transportation and Storage sector, Production of Electricity and Heat sector, and Rubber and Plastics sector in Hainan are strategic influencers, despite being weakly connected. These sectors and input-output relations are worthy of close attention for monitoring Chinese economy.

Employment Policies for a Green Economy at the European Union Level

Directory of Open Access Journals (Sweden)

Diana Mihaela Pociovălișteanu

2015-07-01

Full Text Available Sustainable economic development requires ensuring economic growth and development in terms of environmental protection by providing a bridge between sustainable economic growth, improvement in human health, social justice, employment and environmental protection. Our paper aims to study the situation of green jobs at the European Union level and the relationship between environment and employment, by analysing the link between employment and environmental policies. It highlights the main trends recorded at the European Union level in the field of employment policy to promote green jobs for sustainable economic development. Although there is little effect from environmental policies on employment, the effects are positive, which shows that the relationship between environmental and employment policy should be continued and improved by measures taken at both the macro- and microeconomic levels.

On the creative economy chain in Brazil: potential and challenges

Directory of Open Access Journals (Sweden)

ANITA KON

2016-03-01

Full Text Available ABSTRACT The article presents an analysis of the Creative Economy in Brazil, showing its development potential for the generation of income and employment, in order to the country's development resumption. They are initially presented concepts and features of the Creative Economy for, in sequence, to analyze the economic development profile and potential of this industry in Brazil. The empirical part introduces some methodological aspects, in continuing with the analysis of the creative chain contribution to the generation of Value Added and employment in the country, and a vision of their foreign trade.potential. Finally, the challenges to the implementation of public policies are investigated.

The Impact Of Minimum Wage On Employment Level And ...

African Journals Online (AJOL)

This research work has been carried out to analyze the critical impact of minimum wage of employment level and productivity in Nigeria. A brief literature on wage and its determination was highlighted. Models on minimum wage effect are being look into. This includes research work done by different economist analyzing it ...

Disrupting mobility impacts of sharing economy and innovative transportation on cities

CERN Document Server

Shaheen, Susan

2017-01-01

This book explores the opportunities and challenges of the sharing economy and innovative transportation technologies with regard to urban mobility. Written by government experts, social scientists, technologists and city planners from North America, Europe and Australia, the papers in this book address the impacts of demographic, societal and economic trends and the fundamental changes arising from the increasing automation and connectivity of vehicles, smart communication technologies, multimodal transit services, and urban design. The book is based on the Disrupting Mobility Summit held in Cambridge, MA (USA) in November 2015, organized by the City Science Initiative at MIT Media Lab, the Transportation Sustainability Research Center at the University of California at Berkeley, the LSE Cities at the London School of Economics and Politics and the Innovation Center for Mobility and Societal Change in Berlin.

The impact of prenatal employment on breastfeeding intentions and breastfeeding status at 1 week postpartum.

Science.gov (United States)

Attanasio, Laura; Kozhimannil, Katy B; McGovern, Patricia; Gjerdingen, Dwenda; Johnson, Pamela Jo

2013-11-01

Postpartum employment is associated with non-initiation and early cessation of breastfeeding, but less is known about the relationship between prenatal employment and breastfeeding intentions and behaviors. This study aimed to estimate the relationship between prenatal employment status, a strong predictor of postpartum return to work, and breastfeeding intentions and behaviors. Using data from the Listening to Mothers II national survey (N = 1573), we used propensity score matching methods to account for non-random selection into employment patterns and to measure the impact of prenatal employment status on breastfeeding intentions and behaviors. We also examined whether hospital practices consistent with the Baby-Friendly Hospital Initiative (BFHI), assessed based on maternal perception, were differentially associated with breastfeeding by employment status. Women who were employed (vs unemployed) during pregnancy were older, were more educated, were less likely to have had a previous cesarean delivery, and had fewer children. After matching, these differences were eliminated. Although breastfeeding intention did not differ by employment, full-time employment (vs no employment) during pregnancy was associated with decreased odds of exclusive breastfeeding 1 week postpartum (adjusted odds ratio = 0.48; 95% confidence interval, 0.25-0.92; P = .028). Higher BFHI scores were associated with higher odds of breastfeeding at 1 week but did not differentially impact women by employment status. Women employed full-time during pregnancy were less likely to fulfill their intention to exclusively breastfeed, compared to women who were not employed during pregnancy. Clinicians should be aware that employment circumstances may impact women's breastfeeding decisions; this may help guide discussions during clinical encounters.

The Business Case for Women's Employment in Agribusiness

OpenAIRE

International Finance Corporation

2016-01-01

This publication aims to fill existing gaps in the literature regarding women’s paid employment in agribusiness, especially with respect to emerging economies. Women workers’ contribution to agribusiness is neither fully understood nor fully valued. The majority of research on women’s participation in agribusiness in emerging economies focuses on small-holder farming contexts, rather than direct ...

Participatory approach to improving safety, health and working conditions in informal economy workplaces in Cambodia.

Science.gov (United States)

Kawakami, Tsuyoshi; Tong, Leng; Kannitha, Yi; Sophorn, Tun

2011-01-01

The present study aimed to improve safety and health in informal economy workplaces such as home workplaces, small construction sites, and rural farms in Cambodia by using "participatory" approach. The government, workers' and employers' organizations and NGOs jointly assisted informal economy workers in improving safety and health by using participatory training methodologies. The steps taken were: (1) to collect existing good practices in safety and health in Cambodia; (2) to develop new participatory training programmes for home workers and small construction sites referring to ILO's WISE training programme, and (3) to train government officers, workers, employers and NGOs as safety and health trainers. The participatory training programmes developed consisted of action-checklists associated with illustrations, good example photo sheets, and texts explaining practical, low-cost improvement measures. The established safety and health trainers reached many informal economy workers through their human networks, and trained them by using the developed participatory training programmes. More than 3,000 informal economy workers were trained and they implemented improvements by using low-cost methods. Participatory training methodologies and active cooperation between the government, workers, employers and NGOs made it possible to provide practical training for those involved in the informal economy workplaces.

Energy pricing policy in economies in transition (EIT) - economic and social impact case of Poland

International Nuclear Information System (INIS)

Krawczynski, F.

1996-01-01

The economic and social impact of the energy policy and pricing in countries with economies in transition is shown on the Polish example. Detailed changes in industrial production, growth of investments in Poland are shown for the period 1990-1996 with annual inflation rate unemployment data. This is followed by expected growth of investments and inflation for the period 1993-2000. In the framework of primary energy consumption structure in 1994 and prospect for 2000 two possible scenarios of gas consumption by households, industry and for power generation, are presented up to 2010. Gas prices for the mentioned consumers in Poland are compared to those in Western Europe and environmental impacts are mentioned as well

The significance of renewable energy use for economic output and environmental protection: evidence from the Next 11 developing economies.

Science.gov (United States)

Paramati, Sudharshan Reddy; Sinha, Avik; Dogan, Eyup

2017-05-01

Increasing economic activities in developing economies raise demand for energy mainly sourced from conventional sources. The consumption of more conventional energy will have a significant negative impact on the environment. Therefore, attention of policy makers has recently shifted towards the promotion of renewable energy generation and uses across economic activities to ensure low carbon economy. Given the recent scenario, in this paper, we aim to examine the role of renewable energy consumption on the economic output and CO 2 emissions of the next fastest developing economies of the world. The study employs several robust panel econometric models by using annual data from 1990 to 2012. Empirical findings confirm the significant long-run association among the variables. Similarly, results show that renewable energy consumption positively contributes to economic output and has an adverse effect on CO 2 emissions. Given our findings, we suggest policy makers of those economies to initiate further effective policies to promote more renewable energy generation and uses across economic activities to ensure sustainable economic development.

Problems measuring the underground economy in transition

Czech Academy of Sciences Publication Activity Database

Hanousek, Jan; Palda, F.

2006-01-01

Roč. 14, č. 4 (2006), s. 707-718 ISSN 0967-0750 R&D Projects: GA ČR GA402/04/0166 Institutional research plan: CEZ:AV0Z70850503 Keywords : informal economy * macro estimates of shadow economy * transition Subject RIV: AH - Economics Impact factor: 1.000, year: 2006 http://dx.doi.org/10.1111/j.1468-0351.2006.00268.x

The Impact of Cooperation on Firms’ Innovation Propensity in Emerging Economies

Directory of Open Access Journals (Sweden)

Serdal Temel

2013-01-01

Full Text Available The importance of collaboration has been one of the main issues in innovation studies. Despite many different findings on collaboration and its impact on innovation performance, the impact of different types of collaboration on different types of innovation is still inconclusive. The purpose of this research is to investigate the effects of openness on the performance of the innovation process in a leading emerging economy. Based on Turkish CIS data, the findings reveal that doing R&D either continuously or occasionally affects the probability to introduce novelties. Conducting simultaneously marketing, organisational and process innovations also increases the likelihood to innovate. Furthermore, cooperation with partners and their effects on innovation propensity unveil that process, marketing and organisational innovations are determinants of product and service innovation, thus confirming that the various innovation types are intertwined and mutually supporting each other. From a geographical perspective, cooperating with external parties from the same country plays a dominant role in determining the innovation outcome. Cooperating with consultants and private labs on the other hand seems to negatively affect innovation performance. Surprisingly, the role of foreign cooperation remains ambiguous as results were not statistically significant. Another very interesting finding is the negative impact of firms’ size on innovation propensity. This paper, apart from its contribution to collaboration research, provides concise recommendations for policy makers and managers.

Quantifying China's oil import risks and the impact on the national economy

International Nuclear Information System (INIS)

Sun, Mei; Gao, Cuixia; Shen, Bo

2014-01-01

With an increase in China's oil imports, China's oil supply will also continue to be effected by the socio-economic stability of oil-exporting countries and the safety of oil transport routes. This paper introduces a systematic and quantitative method to evaluate the influence of China's oil import risks (OIR) on the national economy and industrial sectors from a perspective of apply chain process. For this analysis, China's OIR is quantified by integrating oil exporting country risk and the risks from oil transportation routes. Country risk is defined as the oil-exporting country's political risk caused by political changes or internal conflicts. Transport risk is defined as the risk of shipping routes affected by pirate attacks and geopolitics. Second, the relationship between China's OIR and oil import costs is analyzed using a multiple linear approach. Third, an input–output analysis method is used to research the effect of the cost of China's oil imports on the cost of investment within China's domestic sectors. This research finds that the corresponding impact on GDP is 3494.5 million dollars given an increasing by 10% of China's OIR. And the impact on domestic sectors differs from sector to sector. Finally, this paper puts forth recommendations to improve long-term oil supply security in China. - Highlights: • Quantifies China's OIR while taking into consideration the risks from oil-exporting countries and the risks from oil transportation routes. • Explores the relationship between China's OIR and oil import costs using a multiple linear regression approach. • Analyzes the effects of China's OIR on the investment cost of domestic sectors with an input–output analysis. • Investigates the impact of China's OIR on the domestic economy

Power of national economy, disease control and employment status in patients with RA-an analytical multi-site ecological study.

Science.gov (United States)

Pieringer, Herwig; Puchner, Rudolf; Pohanka, Erich; Danninger, Kathrin

2016-02-01

In rheumatology, sufficient disease control is a central part of the treatment concept. However, modern treatment strategies are associated with a substantial economic burden for health care systems. Ecological studies offer the unique opportunity to analyse differences between groups as well as group level effects. In the present analytical multi-site ecological study, we investigated whether more powerful national economies as measured by the gross domestic product per capita (GDPpc) are associated with better disease control in RA patients as measured by the disease activity score 28 (DAS28). We used aggregated data on RA patients from the recently published COMORA study as well as the World Health Organization database. There was a strong negative correlation between DAS28 and GDPpc (r = -0.815; p = 0.0002). Adjustment for sex, smoking status, disease duration or current employment status did not significantly change this association. There was a strong, negative correlation between DAS28 and age (r = -0.870; p < 0.001) and a strong, positive correlation between GDPpc and age (r = 0.737; p = 0.002). Adjustment for age reduced the regression coefficient (DAS28/GDPpc) to -0.000018 (p = 0.054). There was a negative correlation between DAS28 and current employment status (r = -0.642; p = 0.008) and a positive correlation between GDPpc and employment status (r = 0.722; p = 0.002). In conclusion, there is evidence of an association between disease control and GDPpc. This association is alleviated after adjustment for age. Of note, in countries with higher GDPpc, a higher proportion of RA patients are currently employed. This is true despite the fact that RA patients in countries with higher GDPpc are also older.

Work security in a global economy.

Science.gov (United States)

Rosskam, Ellen

2003-01-01

Work security is a fundamental right of all working people. After World War II, the welfare state became an intrinsic part of the "Golden Age" of capitalism, in which universal prosperity seemed attainable. Workers' organizations frequently played a crucial role in policy decisions that promoted full employment, income stability, and equitable treatment of workers. Today's world order is quite different. Globalization in its present form is a major obstacle to work security. Globalization is not simply a market-driven phenomenon. It is a political and ideological movement that grants authority to capital over governments and labor. This transfer of authority hinders national efforts to promote work security and may impact the well-being of communities worldwide. In the absence of domestic autonomy, international labor standards are needed to protect social welfare. They should be geared toward curbing unemployment, poverty, and social exclusion in the global economy. The article looks at three initiatives to promote global work security.

Reducing SMEs informal economy through institutionalization.

Directory of Open Access Journals (Sweden)

Alfonso Lopez Lira Arjona

2014-01-01

Full Text Available The informal sector has been growing throughout the last century in emerging economies. Particularly in Latin America, both a long-term instability in economic and political environments, and a continuous migration from rural to urban areas; have triggered the appearance of unregulated businesses and employments. Small and Medium-sized Enterprises (SMEs operate informally in one or more business processes, in order to reduce costs and maximize profits. Leaving aside tax evasion and illegal labor, such SMEs often have low technology and an unskilled work force; which threatens its survival in highly competitive environments. The purpose of this paper is to highlight the impact of the Multi National Corporation (MNC and the Academia in the formalization of SMEs. This is aimed through a collaborative model for the institutionalization of operational and managerial knowledge within SMEs. Qualitative results indicate that improvements are triggered by a self-conscious awareness of the value derived from institutionalizing best business practices.

Impacts of Canada's uranium mining industry

International Nuclear Information System (INIS)

Holman, G.J.

1982-05-01

This study examines economic and environmental impacts of uranium mining in Canada and compares these impacts with those of other extractive and energy industries. The uranium industry generates taxes and royalties, income, employment, foreign exchange earnings, security of energy supply, and technological spinoffs. The indirect impacts of the industry as measured by employment and income multipliers are lower than those for other types of mining and comparable to oil and gas because of the high proportion of costs withdrawn from the economy in the form of taxes and operator margin. Social costs are primarily occupational hazards. Uranium mining probably has a lower non-health environmental impact than other mining industries due to much smaller throughputs and transportation requirements. Residents of the area surrounding the mine bear a disproportionate share of the social costs, while non-residents receive most of the benefits

Employment, Production and Consumption model: Patterns of phase transitions

Science.gov (United States)

Lavička, H.; Lin, L.; Novotný, J.

2010-04-01

We have simulated the model of Employment, Production and Consumption (EPC) using Monte Carlo. The EPC model is an agent based model that mimics very basic rules of industrial economy. From the perspective of physics, the nature of the interactions in the EPC model represents multi-agent interactions where the relations among agents follow the key laws for circulation of capital and money. Monte Carlo simulations of the stochastic model reveal phase transition in the model economy. The two phases are the phase with full unemployment and the phase with nearly full employment. The economy switches between these two states suddenly as a reaction to a slight variation in the exogenous parameter, thus the system exhibits strong non-linear behavior as a response to the change of the exogenous parameters.

The impact of virtual world economy in real world economy

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Ionuţ Constantin

2008-05-01

Full Text Available Internet technology is transforming the way we define nation-states. It has created “virtualstates” in which parallel communities are formed and political agendas are executed. Due to the emergenceof Internet technology, visions of “techno-imperialism” and “electronic warfare” are causing nation-statesto enact regulatory measures to preserve political, economic and cultural integrity. While the informationinfrastructure is the heart of the economic stability for most nations, the possibility of “viruses” or “electronicbombs” bringing ruin to an economy is real indeed. This means that architects of the “nation-state”will have the gargantuan task of re-examining existing politico-economic paradigms and fully integratetechnological initiatives in its apparatus to prevent imminent marginalization

THE GLOBALIZATION OF THE WORLD ECONOMY AND ITS IMPACT ON THE DEVELOPMENT OF ACCOUNTING REPORTS IN UKRAINE

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Mihail PRODANCIUK

2013-12-01

Full Text Available The article explains the impact of the globalization processes in Ukraine's economy on the development of accounting reports systems. Also described is the essence of harmonization and standardization of accounting reports and financial reports. There are four scientific positions known that characterize standardization records worldwide. There are submitted proposals regarding accounting reports regulation in Ukraine in terms of economic globalization.

Impact of Nuclear Technology to the National Socio-Economy: Technical Support by Nuclear Malaysia

International Nuclear Information System (INIS)

Hazmimi Kasim; Ainul Hayati Daud; Jamal Khaer Ibrahim; Alawiah Musa

2011-01-01

In Malaysia, the development of nuclear technology began in the year 1972. More than 30 years of application, today, the technology made impact to the national socio-economy through contribution to GDP and; improving quality of life and enhanced societal well-being. The application of nuclear technology both in public and private agencies in industrial, medical and agricultural sectors were considered. In 2008, the impact of nuclear technology shows the contribution of 0.032% to the total GDP. Industry sector shows an increasing trend and is the highest contributor, while agriculture sector remains the lowest. In this regard, Malaysian Nuclear Agency (Nuclear Malaysia) played an important role as a technical support agency in nuclear technology, as a supplier and provider for the service, training and research for the industrial, medical and agricultural sectors. (author)

TOURISM AN IMPORTANT SECTOR OF ECONOMY DEVELOPMENT

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Xhiliola Agaraj

2009-05-01

Full Text Available Tourism has become an important sector that has an impact on development of country economy. The main benefits of tourism are income creation and generation of jobs. For many regions and countries it is the most important source of welfare. The ability of the national economy to benefit from tourism depends on the availability of investment to develop the necessary infrastructure and on its ability to supply the needs of tourists. Albania has a touristic potential for development of seaside tourism and other alternative forms of tourism. The scope of the paper is to present the impact of tourism on economy and especially on income. paper treats why Albania is an attractive country for investors, and which are the possibilities to invest. Through a questioner scattered in different publics and private institution of Albania are presented major problematical of tourism in Albania

Impact of cancer on employment: A qualitative study exploring employment changes and financial coping strategies following breast cancer

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Yek-Ching Kong

2017-12-01

Full Text Available Background: Few studies have examined the impact of cancer diagnosis on employment among breast cancer patients. We aim to gain an in-depth understanding on the employment issues faced by breast cancer patients as well as their financial coping strategies in a multi-ethnic Asian setting. Methods: Six focus group discussions (FGDs were carried out with breast cancer patients, representing various ethnicities and socioeconomic backgrounds, who were recruited from Hospital Kuala Lumpur, a public hospital, and University Malaya Medical Centre, a public academic hospital. All FGDs were audio recorded and transcribed verbatim. Thematic content analysis was carried out using the NVivo software. Results: Majority of breast cancer patients quitted their jobs upon diagnosis of breast cancer, with many describing that their bosses were not understanding in terms of their cancer diagnosis. Those who were self-employed meanwhile reported less productivity. Patterns of financial coping strategies due to employment changes were diverse. Some patients chose to do light weight part time jobs, while others described the important role of husbands and relatives in coping with income loss. There were mixed responses regarding return to work, in which money was the major reason to return to work, while stress was cited as a barrier to not return to work. However, many reported barriers in finding a job after cancer due to discrimination against their cancer and their age. Conclusion: It is evident that a breast cancer diagnosis brings about adverse impact on employment. Multidisciplinary interventions are urgently required in Malaysia to improve the employment status of our cancer survivors including legislative reforms to prevent discrimination. This study was funded by AIA Bhd. NMRR ID: NMRR-16-2054-32802 

Employment strategy of the Russians

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Vladimir Borisovich Toreev

2015-05-01

Full Text Available During the crisis it is especially important to choose a correct employment strategy. Every employee uses an employment strategy, as he/she selects the direction of long-term employment consciously or intuitively. The choice of strategy is determined by a number of factors shaping the person’s attitudes: health, character, upbringing, education, social environment, institutional environment. The employment strategies of the young people newly entering the labor market differ from lab our strategies of workers. Young people do not have such experience and can plan their life “from scratch”. The Soviet specialists, people who started their career in the planned economy, have their own features of employment strategies. The article describes employment strategies of the Russians

Making Ends Meet: Insufficiency and Work-Family Coordination in the New Economy

Science.gov (United States)

Edgell, Penny; Ammons, Samantha K.; Dahlin, Eric C.

2012-01-01

The "New Economy" features 24/7 employment, varied work schedules, job insecurity, and lower benefits and wages, which lead to disparities in experiences of security and sufficiency. This study investigates sufficiency concerns in the New Economy; who is having trouble making ends meet? Sufficiency concerns are subjective perceptions that work is…

Can the social market economy be a viable solution for a future sustainable development of the Romanian economy?

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Strat Vasile Alecsandru

2017-07-01

Full Text Available Social market economy (SME is a socio-economic model which attempts to unite the freedom of a competitive market economy with social equilibrium and progress. It is seen as a “third path” besides a purely liberal market economy and an economy which is heavily regulated by the state – in the SME there is an intermediate degree of regulation. Historically, the model corresponds to the real economic policy of the German Federal Republic after the 1950s, thus it is sometimes called Rhine capitalism. According to the Treaty of Lisbon from 2007, the European Union pursues a competitive social market economy with full employment and social progress. On one hand, this model wishes to exploit the advantages of a free market economy, especially its high efficiency in the production of goods, while on the other hand it uses state intervention to correct for potential negative outcomes from market processes. Further characteristics of this model are: ensuring competition, free price formation, private property, motivating performance through profit aspirations as well as guarding personal freedoms. Last but not least, this model encompasses a strong structural policy by encouraging weaker geographical regions or industries. Therefore, it is highly probable that such a socio-economic model might be the appropriate alternative to fuel a sustainable growth of the Romanian economy. Using county level data, from the National Institute of Statistics and from the National Office of the Trade Register, for the year 2015 we show that the Romanian economy is highly polarized with a few growth poles (islands and a large number of underdeveloped units. Thus, it becomes obvious that these important disparities will hinder a future sustainable development and by consequence a clear “road-map” represented by this economic model might prove to be a viable solution for the Romanian economy.

Symbolic convergence and the hydrogen economy

International Nuclear Information System (INIS)

Sovacool, Benjamin K.; Brossmann, Brent

2010-01-01

This article documents that the hydrogen economy continues to attract significant attention among politicians, the media, and some academics. We believe that an explanation lies in the way that the hydrogen economy fulfills psychological and cultural needs related to a future world where energy is abundant, cheap, and pollution-free, a 'fantasy' that manifests itself with the idea that society can continue to operate without limits imposed by population growth and the destruction of the environment. The article begins by explaining its research methodology consisting of two literature reviews, research interviews of energy experts, and the application of symbolic convergence theory, a general communications theory about the construction of rhetorical fantasies. We then identify a host of socio-technical challenges to explain why the creation of a hydrogen economy would present immense (and possibly intractable) obstacles, an argument supplemented by our research interviews. Next, we employ symbolic convergence theory to identify five prevalent fantasy themes and rhetorical visions-independence, patriotism, progress, democratization, and inevitability-in academic and public discussions in favor of the hydrogen economy. We conclude by offering implications for scholarship relating to energy policy more broadly.

The impact of microcredit on self-employment profits in Vietnam

NARCIS (Netherlands)

Lensink, B.W.; Pham, T.T.T.

2012-01-01

This study examines the impact of microcredit on household self-employment profits in Vietnam. For two indicators of credit participation – a dichotomous participation dummy and the accumulated amount of microcredit received per household – the analysis reveals a positive effect on household

The impact of microcredit on self-employment profits in Vietnam

NARCIS (Netherlands)

Lensink, Robert; Thi Thu Tra Pham, [No Value

2012-01-01

This study examines the impact of microcredit on household self-employment profits in Vietnam. For two indicators of credit participation a dichotomous participation dummy and the accumulated amount of microcredit received per household the analysis reveals a positive effect on household profits.

Economic impacts of natural resources on a regional economy: the case of the pre-salt oil discoveries in Espirito Santo, Brazil

Directory of Open Access Journals (Sweden)

Eduardo Amaral Haddad

2014-03-01

Full Text Available The Brazilian government has recently confirmed the discovery of a huge oil and natural gas field in the pre-salt layer of the country’s southeastern coast. It has been said that the oil fields can boost Brazil’s oil production and turn the country into one of the largest oil producers in the world. The fields are spatially concentrated in the coastal areas of a few Brazilian states that may directly benefit from oil production. This paper uses an interregional computable general equilibrium model to assess the impacts of pre-salt on the economy of the State of Espírito Santo, a region already characterized by an economic base that is heavily reliant on natural resources. We focus our analysis on the structural economic impacts on the local economy

The impact of the budget deficit on the currency and inflation in the transition economies

OpenAIRE

Petraq Milo

2012-01-01

This article investigates the causal linkage between budget deficit, monetary mass and inflation in the transition economies. It is focused on the impact of public expenditures growth on money supply growth, and it does not take in account the amount of budget deficit. We test the new hypothesis that inflation is primarily attributable to public finances imbalances. In our model, the money supply growth is function of budget deficit and GDP growth rate; and inflation is a function of money su...

Obesity and Diabetes, the Built Environment, and the ‘Local’ Food Economy

OpenAIRE

Matthew, Salois

2010-01-01

Obesity and diabetes are increasingly attributed to environmental factors, however, little attention has been paid to influence of the 'local' food economy. This paper examines the association of measures relating to the built environment and the ‘local’ food economy with county-level prevalence of obesity and diabetes. Key indicators of the ‘local’ food economy include the density of farmers’ markets, volume of direct farm sales, and presence of farm-to-school programs. This paper employs a ...

Regional economic impacts of Grand Canyon river runners.

Science.gov (United States)

Hjerpe, Evan E; Kim, Yeon-Su

2007-10-01

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

Wages’ Impact on Employment in the Extreme North of Russia

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Marina Andreyevna Giltman

2016-03-01

Full Text Available The article examines the wages’ impact on employment in the Extreme North of Russia. The paper highlights the unique features of the labor markets of the Extreme North, which could influence on the labor supply and demand. Using the aggregate regional data from 2005 to 2013 the author estimates fixed effects models with the independent variables such as the number of employed and unemployed and migration balance. The study shows that in the Extreme North of Russia wages significantly affect not only the number of employed, but also the number of unemployed and migrant workers. The paper also reveals that the labor supply exceeds its demand and migration plays a key role in balancing the labor markets of the mentioned territories

Impact Assessment of Citizen Fairs in the Process of Transition from the Popular Economy to a Solidarity Economy

OpenAIRE

Ángel Enrique Zapata-Barros; Mikel Ugando-Peñate

2017-01-01

The law of popular and solidarity economy in Ecuador was created to promote the transition of organizational forms of popular solidarity economy towards forms of organization. This law made possible the development of projects aimed at strengthening solidarity economic practices. One of these projects are the citizens fairs, promoted since 2008 by the state (government ministry). The fairs are an associative marketing strategy is an alternative to price speculation and a viable path to the or...

Financial Development and Unemployment in Emerging Market Economies

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Bayar Yilmaz

2016-06-01

Full Text Available Financial sector has experienced significant expansion together with accelerating financial globalization in recent years and had important positive and negative economic implications for all the economies. This study investigates the interaction among unemployment, financial development and domestic investment in 16 emerging market economies during 2001-2014 period using panel data analysis. We found that there was long relationship among the variables and domestic investment had negative impact on the unemployment, while financial development had no significant impact on the unemployment. Furthermore, there was unidirectional causality from development of financial sector to unemployment.

Energy and minerals industries in national, regional, and state economies

Science.gov (United States)

D. J. Shields; S. A. Winter; G. S. Alward; K. L. Hartung

1996-01-01

This report presents information on the contribution of the extractive industries to the domestic economy at different geopolitical scales. Areas where resource production is important to gross state or regional product, employment, or income are highlighted. Output, employment, value added, and personal and total income multipliers are reported for the energy and...

The impact of informal economy on the interest rate pass-through ...

African Journals Online (AJOL)

Furthermore, the results indicated that the effect of the informal economy is much stronger in the long-run compared to the short-run. Finally, the results indicated that in both the short run and long run existence of an informal economy dampens the transmission of changes in the policy rate to retail rates as expected from ...

Transition economies: performance and challenges

Czech Academy of Sciences Publication Activity Database

Švejnar, Jan

2002-01-01

Roč. 16, č. 1 (2002), s. 3-28 ISSN 0895-3309 Institutional research plan: CEZ:AV0Z7085904 Keywords : transition economies Subject RIV: AH - Economics Impact factor: 3.058, year: 2002 http://www.jstor.org/stable/2696574

Modelling the impact of changes in the interest rates on the economy: An Austrian perspective

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P Le Roux

2004-07-01

Full Text Available Even though econometric models and yield curve analysis are useful in assessing the impact of interest rate changes on the economic structure, their power to predict the magnitude and direction of swings in the business cycle is often restricted to the use of short-term interest rates. From an Austrian school perspective on interest rates, empirical evidence suggests that the profitability of heavy industries further downstream outperforms that of light industries in the initial stages of monetary easing, due to a rising demand for investment goods and a rise in capacity utilisation levels. This paper assesses the impact of interest rates changes on the productive structure of the economy by taking into account the effect thereof on sector earnings and ultimately share prices.

Human Trafficking: Fighting the Illicit Economy with the Legitimate Economy

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Louise Shelley

2015-02-01

Full Text Available Since the beginning of research on human trafficking, there has been attention paid to the challenges surrounding the illicit economy. In creating new strategies and initiatives on combatting human trafficking, there needs to be more discussion surrounding the legitimate economy and how the business sector can make an impact in the fight against trafficking. Currently, there is a growing movement of businesses that are looking to address human trafficking through training, education, and leadership initiatives; codes of conduct; supply chain management; and financial analysis. This paper will examine the latest in these strategies and approaches by businesses in the global war against human trafficking, in addition to a discussion of a new initiative engaging the private sector co-led by Dr. Louise Shelley and Christina Bain through the World Economic Forum’s Global Agenda Council Network.

The Influence of Low-carbon Economy on Global Trade Pattern

Science.gov (United States)

Xiao-jing, Guo

Since global warming has seriously endangered the living environment of human being and their health and safety, the development of low-carbon economy has become an irreversible global trend. Under the background of economic globalization, low-carbon economy will surely exert a significant impact on global trade pattern. Countries are paying more and more attention to the green trade. The emission permits trade of carbon between the developed countries and the developing countries has become more mature than ever. The carbon tariff caused by the distribution of the "big cake" will make the low-cost advantage in developing countries cease to exist, which will, in turn, affect the foreign trade, economic development, employment and people's living in developing countries. Therefore, under the background of this trend, we should perfect the relevant laws and regulations on trade and environment as soon as possible, optimize trade structure, promote greatly the development of service trade, transform thoroughly the mode of development in foreign trade, take advantage of the international carbon trading market by increasing the added value of export products resulted from technological innovation to achieve mutual benefit and win-win results and promote common development.

TECHNOLOGICAL IMPERATIVE IMPACT OF GLOBALIZATION ON INTERNATIONAL AGRICULTURAL ECONOMY

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А. Кozlova

2014-09-01

Full Text Available The article highlights the factors influencing agricultural production towards global market. The study consists basic fundamental imperatives of globalization on the agricultural sector in international economic relations. The article analyzes the strategic priorities of the international agricultural sector, which includes financial and credit support, legal aspects, processes and integration of organizational structures. Technological imperatives require a large structural and institutional turn in the Ukrainian economy on the basis of current trends in the global economy, scientific and technical potential. There is a growing importance of organizing and conducting international level in the field of technological forecasting. This type of prediction is considered as backbone component in strategic forecasting and economic development programming.

The impact of Craigslist’s entry on competing employment websites

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Vera Brenčič

2016-06-01

Full Text Available Abstract Craigslist, a website that hosts job- and help-wanted ads, expanded rapidly across the states in the USA over a very short period of time, thereby changing abruptly the market structure faced by competing employment websites. We exploit this abrupt change to evaluate its impact on competing websites’ online traffic and pricing. We find that Craigslist’s entry was associated with a decrease in the number of visitors that an average competing employment website attracted and with a decrease in the number of pages an average visitor reviewed during a typical visit. We also find that employment websites lowered some of the fees they charged their users. Overall, these findings offer one explanation for why Craigslist, despite its popularity, had little effect on the unemployment rate in the labor markets it entered: the entry of Craigslist cannibalized online traffic at competing employment websites. JEL Classification: J20, L10, L86

Considerations on the Impact of the Global Financial Crisis on Economies from Eastern Europe

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Lucian Belașcu

2016-01-01

Full Text Available The paper investigates the causes and consequences of the 2007-2008 global financial crisis on five Eastern European countries, namely the Czech Republic, Hungary, Poland, Romania and Russia, with the purpose of identifying the common points and the differences between these economies in terms of crisis impact, with an accent on their capital markets. Our findings indicate that although the countries under scrutiny have displayed somehow different paths of economic development before the crisis, they were affected, to a higher or smaller extent, by the financial crisis. Also, the crisis was felt in these countries, at least in terms of impact on capital markets, with different lags: in some of these countries the crisis hit at beginning of 2008, while in others signs of the crisis were visible only towards the end of 2008.

FROM CIRCULAR ECONOMY TO BLUE ECONOMY

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Iustin-Emanuel, ALEXANDRU

2014-11-01

Full Text Available Addressing the subject of this essay is based on the background ideas generated by a new branch of science - Biomimicry. According to European Commissioner for the Environment, "Nature is the perfect model of circular economy". Therefore, by imitating nature, we are witnessing a process of cycle redesign: production-consumption-recycling. The authors present some reflections on the European Commission's decision to adopt after July 1, 2014 new measures concerning the development of more circular economies. Starting from the principles of Ecolonomy, which is based on the whole living paradigm, this paper argues for the development within each economy of entrepreneurial policies related to the Blue economy. In its turn, Blue economy is based on scientific analyses that identify the best solutions in a business. Thus, formation of social capital will lead to healthier and cheaper products, which will stimulate entrepreneurship. Blue economy is another way of thinking economic practice and is a new model of business design. It is a healthy, sustainable business, designed for people. In fact, it is the core of the whole living paradigm through which, towards 2020, circular economy will grow more and more.

EMPLOYMENT AND SOCIAL TRENDS IN ROMANIA

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Constantin CIUTACU

2007-06-01

Full Text Available This paper deals with demographic trends in Romania and their influence on the labour market. In this context, unemployment and emigration are factors that play a significant role in the economy. The decline in employment weakens the social security system as employers and employees have to pay greater contributions. Also, the diminution in workforce and in the number of people in paid employment and the shortage of professionals working in specialized fields of health and education are issues requiring urgent clarification.

Corruption and the economy

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Tanzi Vito

2013-01-01

Full Text Available This paper focuses on the economic and not on the political impact of corruption. Corruption delegitimizes the working of a market economy, as well as the outcomes of political processes. This paper highlights ways in which corruption, by distorting economic decisions and the working of the market economy, inevitably reduces a country’s rate of growth. The paper also discusses some of the channels through which corruption distorts various economic decisions. Finally, the paper reports on some actions that have been taken by countries in their attempt to reduce corruption stressing that the fight against corruption cannot rely on a magic bullet but has to be fought on many fronts.

Employment growth through labor flow networks.

Science.gov (United States)

Guerrero, Omar A; Axtell, Robert L

2013-01-01

It is conventional in labor economics to treat all workers who are seeking new jobs as belonging to a labor pool, and all firms that have job vacancies as an employer pool, and then match workers to jobs. Here we develop a new approach to study labor and firm dynamics. By combining the emerging science of networks with newly available employment micro-data, comprehensive at the level of whole countries, we are able to broadly characterize the process through which workers move between firms. Specifically, for each firm in an economy as a node in a graph, we draw edges between firms if a worker has migrated between them, possibly with a spell of unemployment in between. An economy's overall graph of firm-worker interactions is an object we call the labor flow network (LFN). This is the first study that characterizes a LFN for an entire economy. We explore the properties of this network, including its topology, its community structure, and its relationship to economic variables. It is shown that LFNs can be useful in identifying firms with high growth potential. We relate LFNs to other notions of high performance firms. Specifically, it is shown that fewer than 10% of firms account for nearly 90% of all employment growth. We conclude with a model in which empirically-salient LFNs emerge from the interaction of heterogeneous adaptive agents in a decentralized labor market.

Employment growth through labor flow networks.

Directory of Open Access Journals (Sweden)

Omar A Guerrero

Full Text Available It is conventional in labor economics to treat all workers who are seeking new jobs as belonging to a labor pool, and all firms that have job vacancies as an employer pool, and then match workers to jobs. Here we develop a new approach to study labor and firm dynamics. By combining the emerging science of networks with newly available employment micro-data, comprehensive at the level of whole countries, we are able to broadly characterize the process through which workers move between firms. Specifically, for each firm in an economy as a node in a graph, we draw edges between firms if a worker has migrated between them, possibly with a spell of unemployment in between. An economy's overall graph of firm-worker interactions is an object we call the labor flow network (LFN. This is the first study that characterizes a LFN for an entire economy. We explore the properties of this network, including its topology, its community structure, and its relationship to economic variables. It is shown that LFNs can be useful in identifying firms with high growth potential. We relate LFNs to other notions of high performance firms. Specifically, it is shown that fewer than 10% of firms account for nearly 90% of all employment growth. We conclude with a model in which empirically-salient LFNs emerge from the interaction of heterogeneous adaptive agents in a decentralized labor market.

Are Green Jobs Sustainable for Sri Lankan Economy?

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M. Jayaweera

2012-10-01

Full Text Available It is imperative that Sri Lanka grasps the concepts of green jobs to meet the most vital but intricatechallenge of the 21st Century, which is the transformation to a sustainable and a low-carbon economy.Such a transformation or a paradigm shift, which can be gradual or rapid depending on the circumstances,will undoubtedly have a considerable positive effect on the way we produce and/or consume goods andservices. The speed at which this transformation would occur is likely to accelerate in the near future asthere is a trend of global transition from a traditional to a low-carbon economy, in order to attainsustainable economies. Such trends will help create an array of different forms of green jobs across manysectors, and most probably can become a catalyst for further development. The International LabourOrganization (ILO has defined green jobs as “Jobs created when they help in reducing the negativeenvironmental impacts ultimately leading to environmentally, economically and socially sustainableenterprises and economies”. Green jobs, in general, stand on two pillars: decent work and environmentalsustainability. Thus, green jobs can be defined as decent work that contributes to environmentalsustainability. In a broader sense decent work needs to address the core of international labour standardssuch as freedom of association and effective recognition of the right to collective bargaining, eliminationof all forms of forced or compulsory labour, effective abolition of child labour, elimination ofdiscrimination in respect of employment and occupation, occupational health and safety, etc. whilstaligning to laws applicable to Sri Lanka. Environmental sustainability addresses issues such as effectivelycombating climate change, pollution prevention and control, conservation of eco-systems and biodiversityetc. (ILO, 2007.

A hydrogen economy: opportunities and challenges

International Nuclear Information System (INIS)

Tseng, P.; Lee, J.; Friley, P.

2005-01-01

A hydrogen economy, the long-term goal of many nations, can potentially confer energy security, along with environmental and economic benefits. However, the transition from a conventional petroleum-based energy system to a hydrogen economy involves many uncertainties, such as the development of efficient fuel-cell technologies, problems in hydrogen production and its distribution infrastructure, and the response of petroleum markets. This study uses the US MARKAL model to simulate the impacts of hydrogen technologies on the US energy system and to identify potential impediments to a successful transition. Preliminary findings highlight possible market barriers facing the hydrogen economy, as well as opportunities in new R and D and product markets for bioproducts. Quantitative analysis also offers insights on policy options for promoting hydrogen technologies. (author)

Methodological proposal for theoretical analysis professional skills and its impact on employability

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Rebeca Almanza Jiménez

2015-02-01

Full Text Available The objective of this paper is to analyze the level of employability of Engineers in Business Management Institute of Technology graduates Lazaro Cardenas in terms of their Professional competencies based on the initial hypothesis. The professional competencies have a direct positive relationship in which employability through the application of the survey method in Likert applied to both clusters, analysis of findings which show the impact of skills on employability, the existence of a positive correlation of both direct and opportunity was conducted to develop creativity and innovation through entrepreneurship.

Measuring the Economic Impact of Rural Tourism Membership on Local Economy: A Korean Case Study

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Hio-Jung Shin

2017-04-01

Full Text Available The implementation of rural tourism membership can aid in boosting economic growth in rural areas. This study examines households’ preferences for rural tourism experience in association with sales of local agricultural products. Using a choice experiment method developed by experimental designs, this paper examines households’ preferences to trade off purchasing costs of local agricultural products against various benefits provided by the rural tourism membership. The methods utilized in this paper represent an effective approach to evaluate the value of local tourism resources and the influence of these resources on the local economy. In empirical estimation we applied econometric approaches that allow for different preferences by incorporating income and residence effects into the models. Findings reveal that respondents place a premium on tourism attributes such as invitation seats and outdoor adventure tickets when choosing a tourism membership. We also find that the economic impacts associated with inducing higher-level tourism membership are substantial. This paper illustrates the potential for the development of a strategy associated with rural tourism management to enhance the local economy.

A resource-based view of internationalization in emerging economies

NARCIS (Netherlands)

Hein Roelfsema; Martijn A. Boermans

2012-01-01

Chapter 2 in Impacts of Emerging Economies and Firms on International Business. One of the most remarkable phenomena of recent times is that a large number of firms from emerging economies have come to define and dominate new markets and enter the class of global innovation leaders. Firms that once

Collaborative Economy

DEFF Research Database (Denmark)

collaborative economy and tourism Dianne Dredge and Szilvia Gyimóthy PART I - Theoretical explorations 2.Definitions and mapping the landscape in the collaborative economy Szilvia Gyimóthy and Dianne Dredge 3.Business models of the collaborative economy Szilvia Gyimóthy 4.Responsibility and care...... in the collaborative economy Dianne Dredge 5.Networked cultures in the collaborative economy Szilvia Gyimóthy 6.Policy and regulatory perspectives in the collaborative economy Dianne Dredge PART II - Disruptions, innovations and transformations 7.Regulating innovation in the collaborative economy: An examination...... localities of tourism Greg Richards 11.Collaborative economy and destination marketing organizations: A systems approach Jonathan Day 12.Working within the Collaborative Tourist Economy: The complex crafting of work and meaning Jane Widtfeldt Meged and Mathilde Dissing Christensen PART - III Encounters...

GLOBALIZATION AND ITS IMPACT ON INDIAN ECONOMY

OpenAIRE

Raghunath

2017-01-01

Globalization means different things to different people. It can be defined simply as an expansion of economic activities across political boundaries of nation states. More importantly it refers to a process of deepening economic integration, increasing economic openness and growing economic interdependence between countries in the world economy. It is associated not only with a phenomenal spread and volume of cross-border economic transactions but also with an organization of economic activi...

Oil price reduction impacts on the Iranian economy

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Abdollah Mahmoodi

2017-12-01

Full Text Available economy. In order to simulate this shock, the global trade analysis project (GTAP model with its data done by using. In the new created data aggregation, oil exporting in Iran and the rest of the world countries as economic new regions, ten new economic sectors have been created, among which the oil is introduced as one sector as well as five endowments. The standard economic closure was changed, and decline in world oil price was simulated in model as a policy shock. The results show that oil export revenue and the mineral commodity export earnings will decrease, but other production sectors’ exports will increase. The trade balance of Iran will be affected negatively and strongly. Also, oil and other services production decreased. In the production sectors’ market, the demand for labor, natural resources, and investment decreased dramatically, and the demand for land increased. Using equivalent variation (EV, changes in Iran’s welfare is high negative. Finally, deflation, reduction in value and quantity of GDP and changes in consumption combination from public to private sector are the other economic impacts of reduction in oil price on Iran’s economic. It is suggested that future studies are done using dynamic models and up-to-date data. In addition, policy makers need to rebound internationally and within OPEC to raise oil prices.

Caribbean Knowledge Economy : Coordinating Network | IDRC ...

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

... Diasporic Tourism and Investment (105228) and Networks for Development : the ... The project will include training in the use of Outcome Mapping for impact ... (UWI) to establish a virtual institute for the Caribbean knowledge economy.

MODERN RESEARCHES OF PERSONNEL. SOCIOLOGICAL ANALYSIS OF PERSONNEL MANAGEMENT AND EMPLOYMENT IN DISSERTATION RESEARCHES

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F. A. Dudueva

2016-01-01

Full Text Available The article is based on dissertation papers of PhD and Ph.D. defended in the last decade on the subject of human resource management and employment in general. The article discusses the features of professional development in modern Russia. In view of the development of information technology the need to use knowledge management technologies as a basis for professional development of the individual is highlighted. In this regard, particular attention is paid to the development of the ICT sector personnel, and it is noted the importance of the impact of the transformation of the national education system in the development of personnel in Russia, in particular the transition to a competence-based approach. The article also highlights key factors of motivation of different categories of employees, current models of material and immaterial motivation, special attention is paid to the destructive model of motivation. In the conditions of transitive economy it is important to highlight the features of a new type of employment and the corresponding ways of organizing work in a globalized, postindustrial society. In this regard, special attention is paid to the mechanisms for effective management of employment in the social market economy. Moreover, there is a need of an active employment policy in Russia, resulting in the need to fill labor shortages in the country. One of the most effective ways to solve this problem is the labor migration. 

TRENDS OF EMPLOYMENT IN INFORMAL SECTOR IN ROMANIA DURING CRISIS;ECONOMIC AND SOCIAL EFFECTS

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Pisica Silvia

2011-07-01

Full Text Available The present paper emphasizes the size and trend of employment in the informal sector as affected during the recent years by the crisis and by showing the relation with informal economy. The paper is structured on three parts. The first part focuses on the concepts and methodology popular and recommended by the international organizations together with the ones applied for the estimations presented in the paper. It brings information on the conceptual framework endorsed by International Labour Office (ILO on the 15-th International Conference of Labour Statisticians (15th ICLS - on informal sector (which was subsequently included in the revised international System of National Accounts, SNA 1993 and employment in informal sector - and on 17th ICLS, on informal employment. Methods used for obtaining the estimates for Romania figures on informal economy and employment are treated. For the informal economy the method used by National Statistical Institute of Romania (INS for estimating the underground economy and own calculations were used. For estimating the employment in informal sector a method developed by the authors was applied which consists, on short, on reconciliation between demand and supply available from statistical sources. Second part is dedicated to the analysis on the estimates produced, with observations on the trends induced by the crisis on informal economy and employment. The second also deals with several characteristics and dimensions of the employment in informal sector by gender and economic activities as well as the relation with several macroeconomic and social indicators. Finally, the third and last part proposes the direction of action and policies aimed to combat and reduce the informal sector and to transfer it into the light, visible side, i.e. the formal sector.

Money creation, employment and economic stability: The monetary theory of unemployment and inflation

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Parguez Alain

2008-01-01

Full Text Available This paper by building on the general theory of the monetary circuit, proves that money-as a pure bank credit liability-exists to overcome constraints on required expenditures by firms, household and mainly the State. From this perspective the paper derives the employment function in the modern monetary economy. Thereby it is explained that full employment policy is both always possible and required. It is proven that this conclusion holds in a perfectly open economy. Ultimately it is explained that there is no trade-off between full employment and sustainable price stability.

Extending the frontiers of employment regulation:

African Journals Online (AJOL)

UWC

role, as it were, by the coincidence of their class, race and gender. In this sense ..... especially women) to be employed in the formal economy, domestic work remains ..... greatest barrier to more effective regulation in a sector such as this.

Diversification of the Economy: Institutional Aspects

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Nataliya Al. Kravchenko

2017-12-01

Full Text Available Institutional conditions are significant factors influencing motivation, behavior and performance results of different economic agents, which, in turn, determine directions and dynamics of structural shifts in the economy. There is a wide range of research on influence of various formal and informal institutions on processes of structural dynamics and diversification of economic activity through innovations in particular. We have carried out in-depth analysis of scientific publications on institutional impact at the level of the country as a whole and regions within countries, comparisons of different countries on the impact of institutional factors on production and technological diversification and their connection to economic development. As the main conceptual approaches, we emphasize evolutionary economics, theory of agglomeration economics and new economic geography. Based on the analysis we draw a conclusion, important for Russian economy, about priority directions of changing spatial and product specialization concerning resource regions of Russia. In conclusion of the article perspective directions for the future research on mutual influence of institutions and changes of production and technological structure, which are vital for Russian economy and its regions, are formulated.

The Impact Of The Foreign Direct Investment On Romania’s Economy

OpenAIRE

Mihaela Ioneci; Georgiana Mîndreci

2010-01-01

Foreign direct investment can be regarded as a factor out of the crisis of the Romanian economy. The relationship between the foreign direct investment and the gross domestic product is beneficial for the economy to the extent to which investment is directed towards innovation and new technologies. The virtuous circle diversity - change - technology needs investment to take effect. Microeconomic level investment completes the strategies and the investment decisions at macroeconomic level.

How did the US economy react to shale gas production revolution? An advanced time series approach

International Nuclear Information System (INIS)

Bilgili, Faik; Koçak, Emrah; Bulut, Ümit; Sualp, M. Nedim

2016-01-01

This paper aims at examining the impacts of shale gas revolution on industrial production in the US. To this end, this paper, first, throughout literature review, exposes the features of shale gas revolution in the US in terms of energy technology and energy markets. However, the potential influences of shale gas extraction on the US economy are not explicit in the existing literature. Thus, considering mainly the output of shale gas revolution on the US economy in this research, later, the paper conducts econometric models to reveal if there exists significant effect(s) of shale gas revolution on the US economy. Therefore, the paper employs unit root tests and cointegration tests by following relevant US monthly data from January 2008 to December 2013. Then, this paper observes long run impact of shale gas production on industrial production in the US through dynamic ordinary least squares estimation with dummy structural breaks and conducts Granger causality test based on vector error correction model. The dynamic ordinary least squares estimator explores that shale gas production has a positive effect on industrial production. Besides, the Granger causality test presents that shale gas production Granger causes industrial production in the long run. Based on the findings of the long run estimations, the paper yields that industrial production is positively related to shale gas production. Eventually, upon its findings, this paper asserts that (i) the shale gas revolution in the US has considerable positive effects on the US economy within the scope of the validity of the growth hypothesis, (ii) new technologies might be developed to mitigate the possible negative environmental effects of shale gas production, (iii) the countries having shale gas reserves, as in US, may follow energy policies to utilize their shale reserves more in the future to meet their energy demand and to increase their economic welfare. - Highlights: • Explores the US shale gas revolution

Analysis of the Impact of the Flow of Migrant Workers on Regional Economy: Based on the Thought about the Promotion of Jiangxi Regional Economic Competitiveness

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Sun Yuping

2016-03-01

Full Text Available Labor resource is the necessary productive factor in regional economic development, and one of important indexes to evaluate regional economic competitiveness. The great economic achievement brought by the 30-year reform and opening up of China is due to the fact that China brought the backward advantage of “demographic dividend” into play, promoted the fast development of industrialization and urbanization, and became the second largest economy in the world. The entity of “demographic dividend” is the non-agricultural migrant population, i.e., migrant workers. The transfer employment of migrant workers has typical regional liquidity, and the imbalance of regional economy causes the flow of many migrant workers. In order to achieve harmonious development and coordinated development, underdeveloped areas must understand the character and regulation, adopt positive industrial policy and supportive policy, guide the reasonable flow of migrant workers, and realize the transfer of local employment and citizenization of migrant workers, which can enhance regional economic competitiveness

Graduate Attributes and Employability Skills: Graduates' Perspectives on Employers' Expectations in Oman

Science.gov (United States)

Belwal, Rakesh; Priyadarshi, Pushpendra; Al Fazari, Mariam Humaid

2017-01-01

Purpose: Supply and demand characteristics, influenced by the pre- and post-oil economy of Oman, have caused unemployment challenges to Omani graduates. The purpose of this paper is to explore the most common graduate attributes as they apply to graduates' employability in Oman. Design/methodology/approach: The study uses the principles of…

Does Immigrant Employment Matter for Exports? Evidence From Denmark

DEFF Research Database (Denmark)

Hiller, Sanne

Immigration impacts the economy in ample ways: it affects growth, wages and total factor productivity. This study deals with the effects of immigration on firm exports. Can firms benefit from hiring immigrants to expand their export sales? Or do immigrants who live in the firm’s region affect trade...... evidence on the adjustment of firms’ product portfolio in response to immigration. Our results show that firms can reap the benefits from immigration only through hiring foreigners. This implies that the trade-cost reducing intercultural knowledge embedded in foreign expatriates can only be accessed via...... employment. Thus, to tap the full potential of foreign labor movements for international trade, political efforts should be targeted towards labor market integration of immigrants....

Emerging Economies and Firms in the Global Crisis

DEFF Research Database (Denmark)

n exploration into the impact of the global crisis on emerging economies and firms and their responses to it. The ways in which the leading emerging economies of Brazil, Russia, India and China (BRIC) are dealing with the challenges of the global crisis are complemented by the approaches applied...... by countries and firms from Central and Eastern Europe. This is a pioneering volume shedding light on the successful international activities of the emerging economies in the global crisis. Offering a variety of perspectives, the chapters deal with the successful application of specific modes of market entry...... of BRIC economies in developed countries and the ways in which Russian, Indian, Chinese, and also Polish, Slovene and Estonian firms have coped with the challenges of the global crisis....

The challenge of low employment economic growth in South Africa: 1994 -2008

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Darma Mahadea

2010-12-01

Full Text Available The formal sector in South Africa is unable to provide adequate employment for labour although the economy registered positive economic growth rates over the past 15 years since the demise of apartheid.  This is a critical problem, given the current recessionary climate and recent developments in the economies of our trading partners.  While government has responded with many initiatives to deal with employment creation, unemployment rates remain high.  This problem is examined by reviewing South Africa’s growth performance and links to employment and posits various alternative strategies.  The growth elasticity of employment is found to be rather low over the 1994-2008 period, and even over a longer time horizon the marginal growth employment effect is found to be rather weak.

Analysis of European Union Economy in Terms of GDP Components

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Simona VINEREAN

2013-12-01

Full Text Available The impact of the crises on national economies represented a subject of analysis and interest for a wide variety of research studies. Thus, starting from the GDP composition, the present research exhibits an analysis of the impact of European economies, at an EU level, of the events that followed the crisis of 2007 – 2008. Firstly, the research highlighted the existence of two groups of countries in 2012 in European Union, namely segments that were compiled in relation to the structure of the GDP’s components. In the second stage of the research, a factor analysis was performed on the resulted segments, that showed that the economies of cluster A are based more on personal consumption compared to the economies of cluster B, and in terms of government consumption, the situation is reversed. Thus, between the two groups of countries, a different approach regarding the role of fiscal policy in the economy can be noted, with a greater emphasis on savings in cluster B. Moreover, besides the two groups of countries resulted, Ireland and Luxembourg stood out because these two countries did not fit in either of the resulted segments and their economies are based, to a large extent, on the positive balance of the external balance.

Vulnerability of the economy to the potential disturbances of energy supply: A logic-based model with application to the case of China

International Nuclear Information System (INIS)

Gnansounou, Edgard; Dong Jun

2010-01-01

The disturbances of energy supply that may result from both external and domestic events create a significant threat for national economy due to potential impacts on the productivity, employment and overall economic growth. Building scenarios of the economy's vulnerability to these disturbances is delicate because of the significant number of interrelated factors that should be taken into consideration. In this paper, a logic-based model (LBM) is developed, which allows for defining, exploring and assessing the determinants and the indicators of the economy's vulnerability related to the energy supply disturbances within a coherent scenarios assessment framework. The proposed model is illustrated with the case of China. After developing the general framework, three particular scenarios are investigated. Based on the case study, the performance and limitations of the model are analyzed, and its ability to evaluate national energy policies is discussed. Finally, some recommendations for further improvements are made.

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

Directory of Open Access Journals (Sweden)

Douw Gert Brand Boshoff

2016-11-01

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

Impact Assessment of Citizen Fairs in the Process of Transition from the Popular Economy to a Solidarity Economy

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Ángel Enrique Zapata-Barros

2017-06-01

Full Text Available The law of popular and solidarity economy in Ecuador was created to promote the transition of organizational forms of popular solidarity economy towards forms of organization. This law made possible the development of projects aimed at strengthening solidarity economic practices. One of these projects are the citizens fairs, promoted since 2008 by the state (government ministry. The fairs are an associative marketing strategy is an alternative to price speculation and a viable path to the organization of popular venture. Effective evidence that the fairs do not contribute to the transition offered popular economic forms towards forms of organization solidarity.

Effects of devaluation on employment and poverty in developing countries.

OpenAIRE

Ghani E

1984-01-01

ILO pub-WEP pub. Working paper, literature survey of economic theories dealing with the effects of devaluation on employment and poverty in developing countries - covers exchange rate trends, income distribution in market economies and planned economies, production, and monetary policy; discusses econometric models; includes a comparative study of stabilization policies. Graphs, references and statistical tables.

The Use of Rubrics in Benchmarking and Assessing Employability Skills

Science.gov (United States)

Riebe, Linda; Jackson, Denise

2014-01-01

Calls for employability skill development in undergraduates now extend across many culturally similar developed economies. Government initiatives, industry professional accreditation criteria, and the development of academic teaching and learning standards increasingly drive the employability agenda, further cementing the need for skill…

Impact of rheumatoid arthritis on career progression, productivity, and employability: The PRET Study.

Science.gov (United States)

Bertin, Philippe; Fagnani, Francis; Duburcq, Anne; Woronoff, Anne-Sophie; Chauvin, Pierre; Cukierman, Gabrielle; Tropé-Chirol, Sonia; Joubert, Jean-Michel; Kobelt, Gisela

2016-01-01

To evaluate the impact of rheumatoid arthritis (RA) on career, productivity, and employability. A retrospective cross-sectional survey was conducted in 2012-2013 in France among patients with RA who were younger than 60 years of age and employed or unemployed. Patients were either recruited during a rheumatologist visit or among members of a nationwide patient-support organization (ANDAR). They completed a questionnaire on the functional impact of RA evaluated by the Health Assessment Questionnaire (HAQ) and on the impact of their disease on work ability. Of 488 surveyed patients, 364 (74.6%) were actively employed, 31 (6.4%) were job seekers, and 93 (19.1%) had left the workforce. In the employed group, mean age was 48.9 years; 82.1% of patients were women; mean RA duration was 11.6 years; and the HAQ score correlated strongly with various markers for decreased productivity including sick leaves, temporary or permanent work discontinuation, and having unwillingly downgraded from a full-time to a part-time work schedule or changed to a different job. Among job seekers, 54% had lost their previous job because of their RA. RA is associated with various forms of work disability, which are directly related to the severity of disease-related functional impairments. Copyright © 2015 Société française de rhumatologie. Published by Elsevier SAS. All rights reserved.

Measuring flood footprint of a regional economy - A case study for the UK flooding

Science.gov (United States)

Guan, D.

2013-12-01

Analysis of the urban economy and society is central to understanding the broad impacts of flooding and to identify cost-effective adaptation and mitigation measures. Assessments of the flooding impacts on cities have traditionally focused on the initial impact on people and assets. These initial estimates (so-called ';direct damage') are useful both in understanding the immediate implications of damage, and in marshalling the pools of capital and supplies required for re-building after an event. Since different economies as well as societies are coupled, especially under the current economic crisis, any small-scale damage may be multiplied and cascaded throughout wider economic systems and social networks. The direct and indirect damage is currently not evaluated well and could be captured by quantification of what we call the flood footprint. Flooding in one location can impact the whole UK economy. Neglecting these knock-on costs (i.e. the true footprint of the flood) means we might be ignoring the economic benefits and beneficiaries of flood risk management interventions. In 2007, for example, floods cost the economy about £3.2 bn directly, but the wider effect might actually add another 50% to 250% to that. Flood footprint is a measure of the exclusive total socioeconomic impact that is directly and indirectly caused by a flood event to the flooding region and wider economic systems and social networks. We adopt the UK 2012 flooding. An input-output basic dynamic inequalities (BDI) model is used to assess the impact of the floodings on the level of a Yorkshire economy, accounting for interactions between industries through demand and supply of intermediate consumption goods with a circular flow. After the disaster the economy will be unbalanced. The recovery process finishes when the economy is completely balance, i.e., when labour production capacity equals demands and production and all the variables reach pre-disaster levels. The analysis is carried out

Brand Awareness in the Context of Mistrust: The Case Study of an Employment Agency

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Kristina Ročkutė

2018-03-01

Full Text Available Brand awareness is important for a good market performance of a company. However, research on the contextual preconditions needed for the improvement of brand awareness is limited, particularly in specific service sectors such as employment agencies. We present the research results of the preconditions for the improvement of awareness (which is one of the dimensions of brand equity in an employment agency. We also analyze the effects of the perceived trust of customers on the improvement of brand awareness in the employment sector. As a case study, we present an example of an employment agency in Lithuania. This research is particularly timely in the Lithuanian context, where high levels of emigration are having a considerable negative impact on companies and their major internal operations—human resource management, marketing, and strategic planning—challenging the aims of long-term socially sustainable development. This research paper has a high relevance for other high-emigration economies.

Informal Employment and Quality of Life in Rural Areas of Ukraine

Directory of Open Access Journals (Sweden)

Chreneková Marcela

2016-06-01

Full Text Available Informal economy is rather difficult to define and demarcate in the methodological context. International Conference of Labour Statisticians in 2003 adopted a set of guidelines regarding definition of statistical categories of informal employment. These include for example employed unregistered own-account workers, contributing family workers, persons who work based on oral agreement, etc. Informal economy is a contentious topic in many developing countries as it brings about many elements that from several aspects adversely affect the development. The most commonly stressed are the fiscal implications (associated with tax revenue loss and some social concerns. However, in some parts of the world informal sector went from being considered as a negative occurrence to be tolerated as a partial solution to some of the challenges that hinder development of rural regions and communities. The aim of the paper is to determine the relationship between informal economy and level of development and quality of life in Ukrainian regions. The paper examines the role of informal economy in regional structure of Ukraine, while confronting the findings with regional divergence in relevant indicators of development and quality of life. There are statistically significant differences in the size of the informal employment among different types of Ukrainian regions (by rural-urban typology. With increasing share of informal employment in the regions, the income level of households decreases significantly even when we take into consideration the level of unemployment.

GLOBALIZATION PRECONDITIONS FOR TRANSNATIONALIZATION OF THE WORLD ECONOMY

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Vyshnevska O.

2018-03-01

Full Text Available Globalization is a process that embodies the transformation of the spatial organization of the world and its regions, social relations and interactions measured by such indicators as: duration, intensity, speed and influence that give rise to intercontinental or interregional flows and structures of activity, interactions and manifestations at the socio-economic and ecological levels. The purpose of the study is to substantiate the priorities in ensuring the national security of the state in view of the impact of globalization factors, the introduction of approaches to the adaptation of the country’s economy to the processes of transnationalization of the world economy. Modern globalization of the world economy is reflected in the deepening of internationalization of production. Globalization is characterized by a positive and negative impact on different systems, an increase in the influence of the process of transnationalization. It is revealed that transnationalization is often understood by new phenomena, qualitative changes taking place in the world economy. Transnationalization is seen as a process of expanding the international activities of industrial firms, banks, service companies, and their exit from the national boundaries of individual countries, which leads to the growth of national companies in transnational. The main factors of the negative impact of TNCs on the economy of the recipient country are: the danger of introducing environmentally hazardous technologies; development of innovations in strategic enterprises of the defense industry; outflow of foreign investment due to negative macroeconomic trends; insufficient rates of development of branches of TNCs, due to the tendency to exaggerate the reaction to a possible change in market conditions. For the transnationalization of the economic sphere, the emergence and strengthening of the positions of international monopolies, transnational corporations, international financial

Impact of mothers' employment on infant feeding and care: a qualitative study of the experiences of mothers employed through the Mahatma Gandhi National Rural Employment Guarantee Act.

Science.gov (United States)

Nair, Manisha; Ariana, Proochista; Webster, Premila

2014-04-02

To explore the experiences of mothers employed through the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) using focus group discussions (FGDs) to understand the impact of mothers' employment on infant feeding and care. The effects of mothers' employment on nutritional status of children could be variable. It could lead to increased household income, but could also compromise child care and feeding. The study was undertaken in the Dungarpur district of Rajasthan, India. Mothers of infants employment compromises infant feeding and care', 'caregivers' inability to substitute mothers' care', 'compromises related to childcare and feeding outweigh benefits from MGNREGA' and 'employment as disempowering'. Mothers felt that the comprises to infant care and feeding due to long hours of work, lack of alternative adequate care arrangements, low wages and delayed payments outweighed the benefits from the scheme. This study provides an account of the trade-off between mothers' employment and child care. It provides an understanding of the household power relationships, societal and cultural factors that modulate the effects of mothers' employment. From the perspective of mothers, it helps to understand the benefits and problems related to providing employment to women with infants in the MGNREGA scheme and make a case to pursue policy changes to improve their working conditions.

Mitigating Double Taxation in an Open Economy

OpenAIRE

Lindhe, Tobias

2001-01-01

The interaction of various methods of mitigating economic and international double taxation of corporate source income is studied within a standard neoclassical model of firm behavior. The main purpose is to determine to what extent methods effective in mitigating economic double taxation in a closed economy remain useful in an open economy where the firm's marginal investor is a foreigner. While a cut in the statutory corporate tax rate invariably reduces the cost of capital, the impact of t...

Impact of energy taxation on economy, environmental and public health quality.

Science.gov (United States)

Wang, Baoqing; Liu, Bowei; Niu, Honghong; Liu, Jianfeng; Yao, Shu

2018-01-15

This paper argues computable general equilibrium model and assess impact of energy taxation on economy, environmental and public health quality in Tianjin. In order to investigate different energy taxation based on medical cost and labor loss, the computable general equilibrium model integrating with input-output table and social accounting matrix (SAM) was constructed. The medical expense caused by air pollution of Tianjin in 2007 is 396 million yuan and death for 18104 people, which accounted for the total GDP and population 0.754‰ and 1.6‰, respectively. The results show that the enery taxes levy can improve the GDP, but it is only slightly. The energy taxes have adverse impact on energy sector because that the energy cost is increased. The scale of production is reduced, and the capital and labor resources are transferred to low energy consumption low emissions sector. The energy tax levy can reduce air pollutants concentration and improve air environmental quality. The PM 10 , SO 2 and NO 2 concentration in the energy taxes 5%-30% was reduced by 0.24%-0.24%, 0.09-0.52% and 0.29%-0.52% respectively. The medical expense has little impact on GDP, but labor loss has a certain effect on GDP. For higher energy taxes rate, the health effects on GDP can reach 0.06%-0.16%. This simultaneous economic and environmental improvement and health effect would thus have positive implications regarding energy taxes of the country. Copyright © 2017 Elsevier Ltd. All rights reserved.

Real economy versus virtual economy - New challenges for nowadays society

Directory of Open Access Journals (Sweden)

Associates Professon Dr. Veronica Adriana Popescu

2011-05-01

Full Text Available In the paper Real Economy versus Virtual Economy – New Challenges for Nowadays Society our goal is to present the importance of both real economy and virtual economy.At the begging of our research, we have presented the main views of some specialists concerning both virtual and real economy. After that we have compared the two types of economies and we have stressed the most important aspects connected to them. The main reason why we have decided to approach this complex subject is due to the increasing interest in the virtual economy matters and the relation that this particular type of economy develops with the real economy.

The Impact of Import Competition on Employment and Wages in Swiss Manufacturing

OpenAIRE

Javier Suarez

1999-01-01

This paper explores the impact of import competition on wage and employment at the industry level in Switzerland. We estimated reduced-form wage and employment equations for a panel of seven Swiss manufacturing sectors. Our analysis relies on a basic partial equilibrium relationship that relates changes in import price to domestic factor price and factor demand changes. Results are consistent with those found for other countries. A majority of the coefficients are significantly positive, refl...

Employment performance by sector in Hidalgo, County, Texas, 2007–2011

Directory of Open Access Journals (Sweden)

Rodrigo Vera Vázquez

2015-12-01

Full Text Available This article examines the sectoral performance of the economy of Hidalgo County, Texas, using as reference the 2007–2011 recession period of the U.S. economy. The results of the investigation show that Hidalgo County avoided the contraction of the U.S. employment rate of –4.4%, as evidenced by a positive local employment rate of 5.2%. This recession–proof profile is explained by its orientation toward a service economy, including the public administration sector as a strategic field for correcting market failures. The shift–share technique was applied to provide an account of sectoral performance, supplied with data from the U.S. Bureau of Labor Statistics. The data obtained are discussed in the framework of the theoretical discussion related to the implementation of Keynesian–style active policies.

Economic impact of world mining

International Nuclear Information System (INIS)

Walser, G.

2002-01-01

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

Towards an ammonia-mediated hydrogen economy?

DEFF Research Database (Denmark)

Christensen, Claus H.; Johannessen, Tue; Sørensen, Rasmus Zink

2006-01-01

Materialization of a hydrogen economy could provide a solution to significant global challenges, In particular. the possibility of improving the efficiency and simultaneously minimizing the environmental impact of energy conversion processes, together with the opportunity to reduce the dependency...

Uber drivers in Cape Town: Working conditions and worker agency in the sharing economy

OpenAIRE

Geitung, Ine

2017-01-01

The effects of the sharing economy on labour have been intensely discussed in recent years. Some are praising the effective, and sustainability implications of the sharing economy. Others are critiquing the deregulation of labour and growth of non-standard labour relations that shift risk from employer to employee. While the discussions have largely taken place in a US or European context, the sharing economy is not limited to the global North. This study examines the working conditions of Ub...

Energy - vital nerve of the economy|

International Nuclear Information System (INIS)

Ebner, F.

1987-01-01

A withdrawal from nuclear energy is often demanded by the same parties who also demand full employment, better working conditions, higher salaries and increased social benefits. The demands are conflicting. It would be extremely risky for Switzerland to be forced into a supply bottle-neck. Economists should warn emphatically against such a development. The economy cannot retain its strength in international competition without a sufficient and reliable supply of electricity and with other energy at competitive prices. The employers demanded in their common declaration to the energy policy of September 24, 1986 that the necessary legal preconditions for a secure energy supply should be maintained

The offshorization of economy: the present realities

OpenAIRE

Maslak Olga; Grishko Natalya; Hlazunova Olha; Vorobiova Kateryna

2017-01-01

In this article the essence and main types of offshore zones have been studied. It has been analyzed the main reasons for cooperation with the tax havens, established that the main reason of the Ukrainian economy offshorization is not only the desire of economic entities to optimize taxes, but also the desire to protect their assets from the negative impact of the crisis phenomena in the national economy during 2010-2016. The foreign experience of the anti-offshore regulation has been researc...

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.

Viable Techniques, Leontief’s Closed Model, and Sraffa’s Subsistence Economies

Directory of Open Access Journals (Sweden)

Alberto Benítez

2014-11-01

Full Text Available This paper studies the production techniques employed in economies that reproduce themselves. Special attention is paid to the distinction usually made between those that do not produce a surplus and those that do, which are referred to as first and second class economies, respectively. Based on this, we present a new definition of viable economies and show that every viable economy of the second class can be represented as a viable economy of the first class under two different forms, Leontief‘s closed model and Sraffa’s subsistence economies. This allows us to present some remarks concerning the economic interpretation of the two models. On the one hand, we argue that the participation of each good in the production of every good can be considered as a normal characteristic of the first model and, on the other hand, we provide a justification for the same condition to be considered a characteristic of the second model. Furthermore, we discuss three definitions of viable techniques advanced by other authors and show that they differ from ours because they admit economies that do not reproduce themselves completely.

Money and exchange in an economy with spatially differentiated agents

Science.gov (United States)

Manolova, Petia; Lai Tong, Charles; Deissenberg, Christophe

2003-06-01

The impact of money supply on the real variables and on utility is an important question in monetary economics. Most previous works study this impact in representative agent economies, often under perfect foresight. With such a framework, however, the use of fiat money as a medium of exchange cannot be endogenously explained. This paper, by contrast, considers an economy where fiat money is intrinsically necessary for exchange, due to the local structure of interaction among agents. It investigates the transitory and permanent impact of local or global injections of money on the dynamics of exchanged quantities, prices, and individual welfares, and the mechanisms that explain this evolution.

Low competitiveness of undeveloped areas: 'Narrow throat' of Serbian economy

Directory of Open Access Journals (Sweden)

Vuković Darko

2009-01-01

Full Text Available Inconsistent development policy and traditionally inherited poverty, lack of adequate institutional support and the impact of the transition of Serbian economy are affected the deepening of the parameters of underdeveloped areas in Serbia (South Serbia and Stari Ras and appear of new underdeveloped area (Borski basen. These areas have very low competitiveness and represent bottleneck in the overall competitiveness of Serbian economy. Low Serbian competitiveness caused by many problems (corruption, ineffective legal system and weak protection of contracts, political instability and others, where undeveloped areas represent a special dimension of this problem, with their specific problems, current from almost every social standpoint. This paper explains the specific factors that are the largest source of uncompetitiveness underdeveloped areas, analyzing economic, demographic and socio-political factors, as well as infrastructure, unemployment and education. Results showed that these indicators of competitiveness in underdeveloped areas have far less values than the same indicators in other areas in Serbia. The major causes of low competitiveness of underdeveloped areas (except common with the Republic of Serbia are: low employment, low economic activity, low productivity, low investments, poor educational and demographic structure, underdeveloped infrastructure and socio-political uncertainty. At the end, the paper presents the measures and incentives which increase competitiveness of underdeveloped areas.

Relevance of pottery on traditional African economy: an ...

African Journals Online (AJOL)

This study probes the relevance of potteries in archaeological records in the reconstruction of traditional African economy as shown among the people of North-East Yoruba land of Nigeria. The use of ethnoarchaeological paradigms in the study of potteries, which has been employed in this study, can shed immense lights ...

Estimation and Comparison of Underground Economy in Croatia and European Union Countries: Fuzzy Logic Approach

Directory of Open Access Journals (Sweden)

Kristina Marsic

2016-06-01

The purpose of this paper is to address this issue in three ways. First, we review existing estimates of the size of the underground economy. Second, we apply a novel calculation method for estimation: fuzzy logic. Third, we calculated and compared underground economy index for 25 European Union countries and compared it, with special focus on Croatian underground economy index. Results indicated that Croatia has the thirteenth largest underground economy among measured members of the European Union. This study is the first of its kind with recent data to measure the size of underground economy in European Union countries by employing fuzzy logic approach.

Impact of mothers’ employment on infant feeding and care: a qualitative study of the experiences of mothers employed through the Mahatma Gandhi National Rural Employment Guarantee Act

Science.gov (United States)

Nair, Manisha; Ariana, Proochista; Webster, Premila

2014-01-01

Objective To explore the experiences of mothers employed through the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) using focus group discussions (FGDs) to understand the impact of mothers’ employment on infant feeding and care. The effects of mothers’ employment on nutritional status of children could be variable. It could lead to increased household income, but could also compromise child care and feeding. Setting The study was undertaken in the Dungarpur district of Rajasthan, India. Participants Mothers of infants employment compromises infant feeding and care’, ‘caregivers’ inability to substitute mothers’ care’, ‘compromises related to childcare and feeding outweigh benefits from MGNREGA’ and ‘employment as disempowering’. Mothers felt that the comprises to infant care and feeding due to long hours of work, lack of alternative adequate care arrangements, low wages and delayed payments outweighed the benefits from the scheme. Conclusions This study provides an account of the trade-off between mothers’ employment and child care. It provides an understanding of the household power relationships, societal and cultural factors that modulate the effects of mothers’ employment. From the perspective of mothers, it helps to understand the benefits and problems related to providing employment to women with infants in the MGNREGA scheme and make a case to pursue policy changes to improve their working conditions. PMID:24694624

Money Creation, Employment and Economic Stability: The Monetary Theory of Unemployment and Inflation

OpenAIRE

Alain Parguez

2008-01-01

This paper by building on the general theory of the monetary circuit, proves that money-as a pure bank credit liability-exists to overcome constraints on required expenditures by firms, household and mainly the State. From this perspective the paper derives the employment function in the modern monetary economy. Thereby it is explained that full employment policy is both always possible and required. It is proven that this conclusion holds in a perfectly open economy. Ultimately it is explain...

The positive impact of women's employment on divorce: Context, selection, or anticipation?

OpenAIRE

Daniele Vignoli; Anna Matysiak; Marta Styrc; Valentina Tocchioni

2018-01-01

Background: Empirical findings regarding the impact of women's employment on divorce are mixed. One explanation is that the effects are moderated by the country context. Another is that previous studies have failed to account for unobserved factors that introduce bias into the estimated effects. Studies also rarely consider possible anticipatory employment behavior on the part of women who are thinking of divorce. Objective: The aim of this study is to deepen our understanding of the nexus...

Renewable energy consumption and income in emerging economies

International Nuclear Information System (INIS)

Sadorsky, Perry

2009-01-01

Increased economic growth and demand for energy in emerging economies is creating an opportunity for these countries to increase their usage of renewable energy. This paper presents and estimates two empirical models of renewable energy consumption and income for a panel of emerging economies. Panel cointegration estimates show that increases in real per capita income have a positive and statistically significant impact on per capita renewable energy consumption. In the long term, a 1% increase in real income per capita increases the consumption of renewable energy per capita in emerging economies by approximately 3.5%. Long-term renewable energy per capita consumption price elasticity estimates are approximately equal to -0.70.

The economy and absenteeism: a macro-level study.

Science.gov (United States)

Shoss, Mindy K; Penney, Lisa M

2012-07-01

Despite much speculation, little is known about the net effects of the economy on the employed workforce. To fill this gap, we used state-level data collected by the Bureau of Labor Statistics to examine the effects of the condition of the economy, as indicated by the unemployment rate, on incidence rates of absence reportedly due to symptoms of illness and violent acts in the workplace for 43 states from 1992 to 2009. Our results suggest that the unemployment rate is positively associated with these indicators of absenteeism, and that these effects are delayed in time. (PsycINFO Database Record (c) 2012 APA, all rights reserved).

Employment and Growth | Page 33 | IDRC - International ...

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

Youth are central to Bangladesh's shift from a rural to urban economy. The country's booming garment industry has created urban employment for large ... held before the meetings of G-20 labour and finance ministers in Ankara, focused on ...

Vulnerability of the economy to the potential disturbances of energy supply. A logic-based model with application to the case of China

Energy Technology Data Exchange (ETDEWEB)

Gnansounou, Edgard [Ecole Polytechnique Federale de Lausanne (EPFL), Station 18, CH-1015, Lausanne (Switzerland); Dong, Jun [North China Electric Power University, 102206 Beijing (China)

2010-06-15

The disturbances of energy supply that may result from both external and domestic events create a significant threat for national economy due to potential impacts on the productivity, employment and overall economic growth. Building scenarios of the economy's vulnerability to these disturbances is delicate because of the significant number of interrelated factors that should be taken into consideration. In this paper, a logic-based model (LBM) is developed, which allows for defining, exploring and assessing the determinants and the indicators of the economy's vulnerability related to the energy supply disturbances within a coherent scenarios assessment framework. The proposed model is illustrated with the case of China. After developing the general framework, three particular scenarios are investigated. Based on the case study, the performance and limitations of the model are analyzed, and its ability to evaluate national energy policies is discussed. Finally, some recommendations for further improvements are made. (author)

Vulnerability of the economy to the potential disturbances of energy supply: A logic-based model with application to the case of China

Energy Technology Data Exchange (ETDEWEB)

Gnansounou, Edgard, E-mail: edgard.gnansounou@epfl.c [Ecole Polytechnique Federale de Lausanne (EPFL), Station 18, CH-1015, Lausanne (Switzerland); Dong Jun [North China Electric Power University, 102206 Beijing (China)

2010-06-15

The disturbances of energy supply that may result from both external and domestic events create a significant threat for national economy due to potential impacts on the productivity, employment and overall economic growth. Building scenarios of the economy's vulnerability to these disturbances is delicate because of the significant number of interrelated factors that should be taken into consideration. In this paper, a logic-based model (LBM) is developed, which allows for defining, exploring and assessing the determinants and the indicators of the economy's vulnerability related to the energy supply disturbances within a coherent scenarios assessment framework. The proposed model is illustrated with the case of China. After developing the general framework, three particular scenarios are investigated. Based on the case study, the performance and limitations of the model are analyzed, and its ability to evaluate national energy policies is discussed. Finally, some recommendations for further improvements are made.

The impact of xenophobia-Afrophobia on the informal economy in Durban CBD, South Africa

Directory of Open Access Journals (Sweden)

N. Tshishonga

2015-12-01

Full Text Available The renewed incidents of xenophobia, which engulfed South Africa, dented this country’s image, continentally and internationally. These occurrences invoke an unresolved question, thus: Can xenophobic attacks be attributed to tighter or discriminatory immigration policies or are people caught in quandary for socio-economic survival? Similarly to the pogroms in Poland against Jews, xenophobia left fatal scars, not only amongst Africans and non- Africans, and has affected the informal economy negatively. This article explores the impact of xenophobia on the operations of the informal economy on which the poor depend for socio-economic survival. For the most part of April-May 2015, the streets of Durban were deserted because of the xenophobic attacks on non-South African businesses, particularly those owned by Africans from different parts of the continent. Fear was planted in the city of Durban, which in turn led to the decline in economic activity, both formal and informal sectors, with the later bearing the most brunt. The city was turned into a battle field whereby Afro-hatred was perpetuated with the intention of causing bodily harm and making deportation threats. Nationals from other African countries, mainly Nigerians, Somalis, Malawians, Zimbabweans, Mozambicans, Ethiopians and Congolese were accused of taking jobs meant for locals and suffocating their businesses as well as taking their women. In fear of their lives, non-South Africans were forced to close their businesses and to go into hiding. This article argues that the impact of xenophobia is a double-edged sword and has far- reaching implications for both South Africans and non-South Africans as the local city dwellers depend on the services provided by informal businesses. The article uses both primary and secondary data. The empirical data was extracted mainly from the street traders and hawkers eking a living in the informal sector.

Collaborative Economy

DEFF Research Database (Denmark)

that are emerging from them, and how governments are responding to these new challenges. In doing so, the book provides both theoretical and practical insights into the future of tourism in a world that is, paradoxically, becoming both increasingly collaborative and individualized. Table of Contents Preface 1.The...... collaborative economy and tourism Dianne Dredge and Szilvia Gyimóthy PART I - Theoretical explorations 2.Definitions and mapping the landscape in the collaborative economy Szilvia Gyimóthy and Dianne Dredge 3.Business models of the collaborative economy Szilvia Gyimóthy 4.Responsibility and care...... in the collaborative economy Dianne Dredge 5.Networked cultures in the collaborative economy Szilvia Gyimóthy 6.Policy and regulatory perspectives in the collaborative economy Dianne Dredge PART II - Disruptions, innovations and transformations 7.Regulating innovation in the collaborative economy: An examination...

Collaborative Economy

DEFF Research Database (Denmark)

collaborative economy and tourism Dianne Dredge and Szilvia Gyimóthy PART I - Theoretical explorations 2.Definitions and mapping the landscape in the collaborative economy Szilvia Gyimóthy and Dianne Dredge 3.Business models of the collaborative economy Szilvia Gyimóthy 4.Responsibility and care...... and similar phenomena are among these collective innovations in tourism that are shaking the very bedrock of an industrial system that has been traditionally sustained along commercial value chains. To date there has been very little investigation of these trends, which have been inspired by, amongst other...... in the collaborative economy Dianne Dredge 5.Networked cultures in the collaborative economy Szilvia Gyimóthy 6.Policy and regulatory perspectives in the collaborative economy Dianne Dredge PART II - Disruptions, innovations and transformations 7.Regulating innovation in the collaborative economy: An examination...

The Impact of Entrepreneurship Education on Succession in Ethnic Minority Family Firms

Science.gov (United States)

Hussain, Javed G.; Scott, Jonathan M.; Matlay, Harry

2010-01-01

Purpose: The purpose of this paper is to explore the impact that entrepreneurship education can have on succession in ethnic minority family firms that operate in the highly competitive UK economy. Design/methodology/approach: The paper employs a complex conceptual model of ethnic minority graduates' economic activities and outlines the possible…

On sustainable development of population and national economy.

Science.gov (United States)

Tian, X

1995-01-01

This article offers a strategy for achieving sustainable development of population and the national economy in China. It is argued that economic growth and population growth must be in balance and coordinated. In 1993 it was estimated that a national economic growth rate of 4.03-4.60% was needed in order to balance the natural population growth rate of 1.15% at the existing standard of living. When the national economy grows faster than population in the life expectancy time period, overpopulation can be checked. Population must be balanced with sufficient means for subsistence. The key measure of sustainable development is the ratio between the size of the working-age population and the means of production. The number of people in the labor force is positively related to fixed assets and negatively related to the labor force's technical equipment. China's problems include weak industrial fixed assets, a surplus labor force, and slow growth in industrial and agricultural productivity. Potential solutions are to shift employment from a cultivation-oriented rural economy to a diversified rural economy, to increase the pace of change to an industrial and commercial economy, and to increase the pace of change to nonmaterial production and to raising employment efficiency. Solutions are dependent upon improvement in the quality of population, which means increased levels of education. China still has 181,610,00 people who are illiterate or semi-illiterate among the working-age population. Sustainable development also relies on active promotion of social support for the elderly by a pension system, family support, and reemployment of the elderly. Surplus labor should be absorbed by the service industry. Population structure and economic development are more advanced in coastal areas that have 41% of total population. Inland areas should develop labor-intensive, technology-intensive, and investment-intensive industries. Northwest areas need an educated population

FUNDAMENTAL ECONOMIC STRUCTURE AND STRUCTURAL CHANGE IN REGIONAL ECONOMIES: A METHODOLOGICAL APPROACH

OpenAIRE

Sudhir K. THAKUR

2011-01-01

Regional economic structure is defined as the composition and patterns of various components of the regional economy such as: produc-tion, employment, consumption, trade, and gross regional product. Structur-al change is conceptualized as the change in relative importance of the aggregate indicators of the economy. The process of regional development and structural change are intertwined, implying as economic development takes place the strength and direction of intersectoral relationships ch...

THE ROLE OF SMALL BUSINESS IN ECONOMIC DEVELOPMENT OF EUROPEAN ECONOMY

OpenAIRE

Anca Stan

2014-01-01

Small businesses provide catalytic benefits to the economy. They contribute to national output, and to the society as a whole, beyond the spending and profit they generate. The role of SMEs is crucial for the European economic recovery – their number, employment capacity and value added constitute a large share of the European economy. Providing the right conditions in which SMEs can flourish is paramount for ensuring a sustained recovery and achieving prosperity for all EU citizens. There is...

On the boundary between economy and environment in life cycle assessment

DEFF Research Database (Denmark)

Weidema, Bo Pedersen; Schmidt, Jannick; Fantke, Peter

2017-01-01

computational structure is backwards compatible with the current practice of LCA modelling, while allowing inclusion of feedback loops both from the environment to the economy and internally between different impact categories in the impact assessment. Conclusions: Our proposed computational structure for LCA...... facilitates consistent, explicit and transparent modelling of the feedback loops between environment and the economy and between different environmental mechanisms. The explicit and transparent modelling, combining economic and environmental information in a common computational structure, facilitates data...

Economic and Industrial Development: EID - EMPLOY. Final Report, task 1. Review of approaches for employment impact assessment of renewable energy deployment

Energy Technology Data Exchange (ETDEWEB)

Breitschopf, Barbara; Nathani, Carsten; Resch, Gustav

2011-11-15

The importance of renewable energy in energy systems is increasing at an impressive rate, and the expectation is that this tendency will continue in the longer term. As a consequence, there is a strong need for reliable insight into the employment benefits from renewable energy. The current knowledge on the economic impacts of large-scale deployment of renewable energy technologies is more or less derived on an ad hoc basis and consists of a variety of different methodologies with different objectives. This is why the International Energy Agency's Implementing Agreement on Renewable Energy Technology Deployment (IEA-RETD) would like to facilitate a more structural approach, which will contribute to reliable and consistent insights of employment effects from deployment of renewable energy technologies. The objectives of the EMPLOY-EID project are to: Provide guidelines based on a thorough review of best practices, which are able to contribute to a consistent, reliable framework in which to measure employment effects from renewable energy deployment and which can be replicated from one country to another; Identify data sources and/or inputs required in application of such guidelines; Provide better understanding of key parameters and mechanisms that determine contribution of renewable energy employment; Assess availability of sources for employment benefit data for all RETD member countries as well as other interesting countries; Provide concrete gross employment benefit data to countries where data is available through application of the guidelines and best practices; and, Document the economic effects of renewable energy deployment through a publishable brochure of the main project results, presentations, the guidelines and background report. This project will help achieve the IEA-RETD's objective to ''empowering policy makers and energy market actors through the provision of information, tools and resources'' by underlining the

Economic and Industrial Development: EID - EMPLOY. Final Report, task 1. Review of approaches for employment impact assessment of renewable energy deployment

Energy Technology Data Exchange (ETDEWEB)

Breitschopf, Barbara; Nathani, Carsten; Resch, Gustav

2011-11-15

The importance of renewable energy in energy systems is increasing at an impressive rate, and the expectation is that this tendency will continue in the longer term. As a consequence, there is a strong need for reliable insight into the employment benefits from renewable energy. The current knowledge on the economic impacts of large-scale deployment of renewable energy technologies is more or less derived on an ad hoc basis and consists of a variety of different methodologies with different objectives. This is why the International Energy Agency's Implementing Agreement on Renewable Energy Technology Deployment (IEA-RETD) would like to facilitate a more structural approach, which will contribute to reliable and consistent insights of employment effects from deployment of renewable energy technologies. The objectives of the EMPLOY-EID project are to: Provide guidelines based on a thorough review of best practices, which are able to contribute to a consistent, reliable framework in which to measure employment effects from renewable energy deployment and which can be replicated from one country to another; Identify data sources and/or inputs required in application of such guidelines; Provide better understanding of key parameters and mechanisms that determine contribution of renewable energy employment; Assess availability of sources for employment benefit data for all RETD member countries as well as other interesting countries; Provide concrete gross employment benefit data to countries where data is available through application of the guidelines and best practices; and, Document the economic effects of renewable energy deployment through a publishable brochure of the main project results, presentations, the guidelines and background report. This project will help achieve the IEA-RETD's objective to ''empowering policy makers and energy market actors through the provision of information, tools and resources'' by underlining the economic and industrial impacts of

Innovation and employment

OpenAIRE

Vivarelli, Marco

2015-01-01

Studies find that technological change has contributed 
to the decline in manufacturing and to persistent unemployment in many advanced economies. While 
process innovation can be job-destroying, product innovation can imply the emergence of new firms, new sectors, and thus new jobs. But even for process innovation, the final impact on labor demand is shaped by market mechanisms that can compensate for the direct job-destroying impact if market and institutional rigidities do not impede them....

Can agricultural groundwater economies collapse? An inquiry into the pathways of four groundwater economies under threat

Science.gov (United States)

Petit, Olivier; Kuper, Marcel; López-Gunn, Elena; Rinaudo, Jean-Daniel; Daoudi, Ali; Lejars, Caroline

2017-09-01

The aim of this paper is to investigate the notion of collapse of agricultural groundwater economies using the adaptive-cycle analytical framework. This framework was applied to four case studies in southern Europe and North Africa to question and discuss the dynamics of agricultural groundwater economies. In two case studies (Saiss in Morocco and Clain basin in France), the imminent physical or socio-economic collapse was a major concern for stakeholders and the early signs of collapse led to re-organization of the groundwater economy. In the other two cases (Biskra in Algeria and Almeria in Spain), collapse was either not yet a concern or had been temporarily resolved through increased efficiency and access to additional water resources. This comparative analysis shows the importance of taking the early signs of collapse into account. These signs can be either related to resource depletion or to environmental and socio-economic impacts. Beyond these four case studies, the large number of groundwater economies under threat in (semi-)arid areas should present a warning regarding their possible collapse. Collapse can have severe and irreversible consequences in some cases, but it can also mean new opportunities and changes.

Potential role of nuclear power in developing and transition economies

International Nuclear Information System (INIS)

Ganiage, D.; Dierstein, P.

1995-01-01

The potential role of nuclear power is different in developing or in transition economies; in developing countries such as China, the growth of electricity consumption is high and the construction of several standardized plants is economically justified; in transitional economies, such as Ukraine, the needs are uncertain, old and unsafe plants have to be decommissioned and uncompleted nuclear plants (due to financial problems) should be completed. Nuclear power may provide the developing and transition economies with several advantages such as energy independence and fuel supply security, minimal environmental pollution, support to local industry and employment. It also means the support of national authorities and the development of a suitable infrastructure for plant safety and waste management, financial help and local population acceptance

Do entrepreneurial food systems innovations impact rural economies and health? Evidence and gaps.

Science.gov (United States)

Sitaker, Marilyn; Kolodinsky, Jane; Jilcott Pitts, Stephanie B; Seguin, Rebecca A

A potential solution for weakened rural economies is the development of local food systems, which include affordable foods sources for consumers and economically feasible structures for producers. Local food systems are purported to promote sustainability, improve local economies, increase access to healthy foods, and improve the local diets. Four entrepreneurial food systems innovations that support local economies include farmers' markets, community supported agriculture, farm to institution programs and food hubs. We review current literature to determine whether innovations for aggregation, processing, distribution and marketing in local food systems: 1) enable producers to make a living; 2) improve local economies; 3) provide local residents with greater access to affordable, healthy food; and 4) contribute to greater consumption of healthy food among residents. While there is some evidence for each, more transdisciplinary research is needed to determine whether entrepreneurial food systems innovations provide economic and public health benefits.

Impact of Energy Consumption on Economic Growth in Major OECD Economies (1977-2014): A Panel Data Approach

OpenAIRE

Aali-Bujari, Alí; Venegas-Martínez, Francisco; Palafox-Roca, Alfredo Omar

2017-01-01

This paper is aimed at assessing the impact of energy use growth on economic growth in the major economies of the Organization for Economic Cooperation and Development (OECD) during the period 1977-2014. To do this, a Granger causality analysis among relevant variables is carried out and, subsequently, a panel data model is estimated with the Generalized Method of Moments (GMM). The main empirical finding is that real GDP per capita growth is positively affected by the growth rate of energy u...

English as a Medium of Instruction in East Asia's Higher Education Sector: A Critical Realist Cultural Political Economy Analysis of Underlying Logics

Science.gov (United States)

Kedzierski, Matt

2016-01-01

As discourses of globalisation and the knowledge-based economy become increasingly influential in both policy-making and in public debates about education, employability and national competitiveness--the choice of language in the classroom takes on a strategic importance. The paper employs a critical realist Cultural Political Economy lens to…

Scale Economies and Industry Agglomeration Externalities: A Dynamic Cost Function Approach

OpenAIRE

Donald S. Siegel; Catherine J. Morrison Paul

1999-01-01

Scale economies and agglomeration externalities are alleged to be important determinants of economic growth. To assess these effects, the authors outline and estimate a microfoundations model based on a dynamic cost function specification. This model provides for the separate identification of the impacts of externalities and cyclical utilization on short- and long-run scale economies and input substitution patterns. The authors find that scale economies are prevalent in U.S manufacturing; co...

An analysis of employment intensity of sectoral output growth in ...

African Journals Online (AJOL)

The study explores the employment intensity of sectoral output growth in Botswana with a view to identifying key sectors of the Botswana economy that are employment intensive. To achieve this objective, the study used both simple elasticities and econometric procedures to provide empirical evidence concerning the extent ...

Do international economic developments affect the South African economy?

Directory of Open Access Journals (Sweden)

JA Swanepoel

2014-07-01

Full Text Available Globalisation has opened economies more, exposing them to more international shocks and increasing the challenges to which domestic economic policies must respond. This paper provides a starting point for the analysis of the impact of international economic developments on the South African economy by means of graphical illustrations, correlations coefficients and in some cases a VAR analysis. Although this paper has shed some light on the importance of international economic developments on the South African economy, more rigorous econometric investigation is needed to validate the arguments and to address many of the unresolved questions.

Determinants of Informal Employment: A Case of Tanzania's ...

African Journals Online (AJOL)

industry. A Logit regression model is employed in estimating factors that influence the choice ... International Labour Organization (ILO) (2013), the informal economy ... This study uses primary data which was collected in six most vibrant urban.

The impact of public employment on health and health inequalities: evidence from China.

Science.gov (United States)

Zhang, Wei

2011-01-01

Because the public and private sectors often operate with different goals, individuals employed by the two sectors may receive different levels of welfare. This can potentially lead to different health status. As such, employment sector offers an important perspective for understanding labor market outcomes. Using micro-level data from a recent Chinese household survey, this study empirically evaluated the impact of employment sector on health and within-sector health inequalities. It found that public sector employment generated better health outcomes than private sector employment, controlling for individual characteristics. The provision of more job security explained an important part of the association between public sector employment and better health. The study also found less health inequality by social class within the public sector. These findings suggest that policymakers should think critically about the "conventional wisdom" that private ownership is almost always superior, and should adjust their labor market policies accordingly.

Employment and Growth | Page 8 | IDRC - International ...

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

Employment and Growth. Language English. Read more about Mekong Economic Research Network (MERN). Language English. Read more about Competencies for Central American SMEs in the Knowledge-Based Economy. Language English. Read more about ILEAP Core Grant 2011-2012 - Phase IV: Engendering ...

Charted Choices 2011-2015. Effects of nine election platforms on the economy and the environment

International Nuclear Information System (INIS)

2010-05-01

At the request of nine political parties, CPB Netherlands Bureau for Economic Policy Analysis and PBL Netherlands Environmental Assessment Agency have mapped out the effects of the respective election platforms on the economy and the environment. The analysis shows that each of the proposed policy measures included in the platforms has both advantages and disadvantages. The platforms thus reflect the diverse choices that have been made by the parties. The publication presents the impact of party programs on public finances, purchasing power and employment. Also included in the publication are analyses in the field of mobility, energy and climate, nature, education, housing and healthcare. [nl

Energy, economic and environmental discourses and their policy impact: The case of Ontario's Green Energy and Green Economy Act

International Nuclear Information System (INIS)

Winfield, Mark; Dolter, Brett

2014-01-01

This paper examines the debates around the Ontario's Green Energy and Green Economy Act (GEGEA) as an energy and economic development strategy through comparative public policy and discourse analysis approaches. The evidence regarding the economic impacts of the GEGEA is found to be almost entirely based on the results of economic modeling exercises. Critics and supporters of the legislation have arrived at very different conclusions through such exercises. These outcomes are similar to those seen in other jurisdictions pursuing renewable energy initiatives, such as Feed In Tariffs (FITs), renewables obligations and portfolio standards. A discourse analysis approach is employed to examine the reasons for the different conclusions being reached over the impacts of renewable energy initiatives. Differences in modeling approaches and assumptions are found to reflect differences in ideational perspectives on the part of the modelers with respect to the appropriate roles of markets and the state and the relationship between economic development and environmental sustainability in public policy. The paper concludes with suggestions regarding the gathering and availability of information regarding economic development in the renewable energy sector, and a discussion of potential ways to strengthen future efforts to understand the economic and environmental impact of renewable energy initiatives. - Highlights: • The discourse surrounding renewable energy initiatives is embedded within wider ideological debates. • The information that underpins the debates in Ontario is the result of economic modelling, not empirical data. • All of the existing modelling efforts suffer from significant shortcomings. • FITS are seen as politically feasible mechanisms for correcting biases in favour of conventional technologies. • The province's long-term commitment of renewable energy development is now uncertain

Impact of Retinitis Pigmentosa on Quality of Life, Mental Health, and Employment Among Young Adults.

Science.gov (United States)

Chaumet-Riffaud, Anne Elisabeth; Chaumet-Riffaud, Philippe; Cariou, Anaelle; Devisme, Céline; Audo, Isabelle; Sahel, José-Alain; Mohand-Said, Saddek

2017-05-01

To determine the relationship between visual function and quality of life, education, mental health, and employment among young adults with retinitis pigmentosa (RP). Cross-sectional study. Inclusion of 148 patients (mean age 38.2 ± 7.1 years) diagnosed with RP, living in France. Quality of life was assessed using the National Eye Institute Visual Function Questionnaire (VFQ-25), mental state with the Hospital and Anxiety and Depression Scale (HADS), and employment with a specifically designed questionnaire. Limited visual impairment was noted in 22.3%, low vision in 29.7%, and legal blindness in 48.0%. There was a correlation between quality-of-life scores and residual visual field (P employment rate did not significantly decrease with disability level (P = .276). It was lower in subjects reporting depression (P = .0414). Self-rated impact of RP on employment increased with disability level (P = .02642). Our results differ from previous results showing lower education rates and employment rates in young adults with RP. Further research is warranted focusing on the impact of mental health, education, workplace conditions, and employment aids on employment rate vs age- and education-matched normally sighted controls to guide visual disability strategies in RP. Copyright © 2017 Elsevier Inc. All rights reserved.

Innovative energy technologies in energy-economy models: assessing economic, energy and environmental impacts of climate policy and technological change in Germany.

Energy Technology Data Exchange (ETDEWEB)

Schumacher, K.

2007-04-18

Energy technologies and innovation are considered to play a crucial role in climate change mitigation. Yet, the representation of technologies in energy-economy models, which are used extensively to analyze the economic, energy and environmental impacts of alternative energy and climate policies, is rather limited. This dissertation presents advanced techniques of including technological innovations in energy-economy computable general equilibrium (CGE) models. New methods are explored and applied for improving the realism of energy production and consumption in such top-down models. The dissertation addresses some of the main criticism of general equilibrium models in the field of energy and climate policy analysis: The lack of detailed sectoral and technical disaggregation, the restricted view on innovation and technological change, and the lack of extended greenhouse gas mitigation options. The dissertation reflects on the questions of (1) how to introduce innovation and technological change in a computable general equilibrium model as well as (2) what additional and policy relevant information is gained from using these methodologies. Employing a new hybrid approach of incorporating technology-specific information for electricity generation and iron and steel production in a dynamic multi-sector computable equilibrium model it can be concluded that technology-specific effects are crucial for the economic assessment of climate policy, in particular the effects relating to process shifts and fuel input structure. Additionally, the dissertation shows that learning-by-doing in renewable energy takes place in the renewable electricity sector but is equally important in upstream sectors that produce technologies, i.e. machinery and equipment, for renewable electricity generation. The differentiation of learning effects in export sectors, such as renewable energy technologies, matters for the economic assessment of climate policies because of effects on international

Gender and Work in Capitalist Economies

OpenAIRE

Odih, Pamela

2007-01-01

From the industrial revolution through to more recent advances in information technology, radical changes in working practices have accelerated rates of production to previously unimaginable levels. The establishment of wage relations, in the second half of the 19th Century, precipitated the rise of the 'employment society' and a movement towards synchronized work. Industrialization epitomized the capitalist definition of work time. \\ud \\ud In Gender and Work in Capitalist Economies, Pamela O...

Financial Economy and Financial System: Basis of Structural Interconnection

Directory of Open Access Journals (Sweden)

Khorosheva Olena I.

2014-02-01

Full Text Available The goal of the article lies in identification of grounds of interconnection of the financial economy and financial system. The study was conducted with consideration of main provisions of the theory of finance and concept of financial economy, which is a set of means used in the process of reproduction of finance by their owner for formation and / or maintenance of the own system of values in the viable state. For the first time ever the structure of the financial system is identified as an aggregate of financial economies and financial market. The article justifies a necessity of expansion of boundaries of perception of the state financial economy, which is offered to include public financial economy of the state level and the set of financial economies of the state as a subject of economic activity. Such an approach forms a base for justification of the synthesis of participation of the state in financial relations as the owner and as the basic macro-economic regulator. Prospects of further study in this direction are: development of classification of financial economies; revelation of specific features of impact of shadow finance on development of the national financial economy; and assessment of possibilities of inclusion of structured financial products into the system of values of financial economies in Ukraine.

Rural Non-Farm Economy in Bangladesh: A View from Household Surveys

OpenAIRE

Mahabub Hossain

2004-01-01

This paper was presented at the dialogue on Promoting Rural Non-farm Economy: Is Bangladesh Doing Enough? The paper presents the findings of the surveys, conducted in 1987 and 2000, on the importance of the rural non-farm activities as a source of rural development and factors affecting participation in it. It estimates the duration of employment and the level of productivity, to examine whether the expansion of the rural non-farm economy (RFNE) is caused by "push" or "pull" factors. It also ...

The Impact Of Foreign Direct Investment On Turkish Economy 2010–2016

Directory of Open Access Journals (Sweden)

Isiks Aliya Zhkanova

2017-12-01

Full Text Available This study focuses on Foreign Direct Investment (FDI inflows and how they are linked with the economic indicators in Turkey including the Real Effective Exchange Rate (REER, and Gross Domestic Product per capita of Purchasing Power Parity - GDP (PPP in Turkey. The GDP (PPP variable is used because it shows significant causality on REER, along with the exchange rate volatility of the U.S Dollar in the Turkish stock market. Also, as an important sector of the Turkish economy, tourism revenue is elucidated according to the Organization for Economic Co-operation and Development (OECD data from 2016. The main objective of this study is to evaluate the impact of the FDI investment on economic condition in Turkey for the period between January 2010 and July 2016. The selected period is important because it represents the crucial time for Turkish economy following the 2008 global financial crisis along with the ongoing Civil War in neighboring Syria that had initiated in 2012, Turkish-Russian crises of 2015, and the military coup attempt in Turkey in 2016. It is argued that despite all the negative international and regional developments, FDI and Tourism play key roles in attracting income to the country. This is presented in the level of REER and GDP for PPP. The results also support the findings of many economists, who have previously asserted that the Turkish economic interaction is growing at a globalized level, and is able to compete with the other large attractive areas for foreign investors around the world. Finally, the results demonstrate that the tourism industry was the least affected sector in Turkey.

The Impact of Differential Payroll Tax Subsidies on Minimum Wage Employment

NARCIS (Netherlands)

P Kramarz (Piotr); Th. Philippon

2003-01-01

textabstractIn this paper, we study the impact of changes of total labor costs on employment of low-wage workers in France in a period, 1990 to 1998, that saw sudden and large changes in these costs. We use longitudinal data from the French Labor Force survey (? enqu?te emploi ?) in order to

The impact of public employment on private sector activity: Evidence from Berlin

OpenAIRE

Faggio, G.; Schluter, T.; vom Berge, P.

2016-01-01

We use the move of the seat of the German government from Bonn to Berlin in 1999 to test competing views about the impact of public employment on private sector activity in a local labor market. Using employment data from a 50% sample of establishments across 190 Berlin postcodes, we apply a treatment intensity approach which takes the possibility of spillovers into account. Results indicate that the arrival of 100 public sector jobs into an area generates 55 additional jobs in the private se...

The Impact of Automation on Employment: Just the Usual Structural Change?

Directory of Open Access Journals (Sweden)

Ben Vermeulen

2018-05-01

Full Text Available We study the projected impact of automation on employment in the forthcoming decade, both at the macro-level and in actual (types of sectors. Hereto, we unite an evolutionary economic model of multisectoral structural change with labor economic theory. We thus get a comprehensive framework of how displacement of labor in sectors of application is compensated by intra- and intersectoral countervailing effects and notably mopped up by newly created, labor-intensive sectors. We use several reputable datasets with expert projections on employment in occupations affected by automation (and notably by the introduction of robotics and AI to pinpoint which and how sectors and occupations face employment shifts. This reveals how potential job loss due to automation in “applying” sectors is counterbalanced by job creation in “making” sectors as well in complementary and quaternary, spillover sectors. Finally, we study several macro-level scenarios on employment and find that mankind is facing “the usual structural change” rather than the “end of work”. We provide recommendations on policy instruments that enhance the dynamic efficiency of structural change.

Public-private sector earnings differentials in a transition economy

OpenAIRE

Laušev, Jelena

2011-01-01

The aim of this thesis is to analyse how economic transition affected earnings differentials in Eastern European economies. In particular, as the public sector was the sole employer in the pre-transition period, the analysis of public sector pay setting is crucial to understanding how privatisation affected the labour market during the transition.\\ud \\ud The central idea of the first essay is to develop a theoretical model that explains the pay setting behaviour of the employer in the public ...

Deregulation and competitive power markets -- Its impact on developing economies

International Nuclear Information System (INIS)

Saran, K.

1998-01-01

The aim of privatization in developed countries is to encourage competition in generation and supply of power whereas the focus of developing economies is to bridge the demand supply gap by addition of capacity. However, there needs to be a reconciliation between these two apparently having conflicting objectives even in case of developing economies. In competitive power markets it is necessary that rules of the game are identified in advance and followed uniformly by all players. Existence of a ''referee'' would be necessary to regulate the game so as to ensure fair play. The regulatory institution would serve this purpose and work as a stimulator to development of privatization and competitive power markets in developing economies. Consumer interests should be of upper-most priority in the mind while establishing power markets and regulatory institutions, particularly as market forces are unfavorable to consumer interests in power shortage conditions. As competition fosters, gradually market forces take over and the ''harsh'' regulator would convert itself to a ''silent vigil referee'' so as to ensure genuine competition. The debate of deregulation vs. regulation will continue but the show must go on for building of an increasingly sound, competitive and vibrant power sector in the interest of end use consumers. The planned and phased restructuring though a delayed process is a preferred process and India is fully determined to achieve this

Substantial Improvements of Fuel Economy

DEFF Research Database (Denmark)

Jørgensen, Kaj; Nielsen, Lars H.

1996-01-01

The paper evaluates the scope for improving the energy and environmental impacts of road transport by means of electrical and hybrid propulsion. These technologies promise considerable improvements of the fuel economy compared to equivalent vehicles mas well as beneficial effects for the energy...... and traffic systems. A case study concerning passenger cars is analysed by means of computer simulation....

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

NARCIS (Netherlands)

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

2015-01-01

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

Economic Impacts of Korea-Chile FTA and Its Implications to Korean Economy

Directory of Open Access Journals (Sweden)

Inkyo Cheong

1999-12-01

Full Text Available There has been great progress for the Korea-Chile free trade agreement (FTA. During the 1999 Auckland APEC Leaders meeting, leaders of both economy announced that the two countries would begin official negotiations for the FTA between two countries. Following leaders announcement, the first negotiation was made in Santiago December 1999. This paper discusses the backgrounds of Koreas FTA policy, and analyzes the economic effects of the FTA on Korean economy.

Market Economy under Rapid Globalization and Rising Productivity

OpenAIRE

Konov, Joshua Ioji

2012-01-01

Market economy of enhancing business laws in contracting, bonding, insuring, legal corporate structures , e.g. will marginalize the economic agents and tools that make market competition unfair, empower small and medium businesses and investors, and boost business activities, fiscal strength, employment, and capital transmission. Keynesian capital infusion will extend its market effect in such higher security marketplace.

Chemical engineers, nanotechnology and future green economy

CSIR Research Space (South Africa)

Musee, N

2012-01-01

Full Text Available Nanotechnology is envisaged to address present human needs and secure living comforts of future generations cheaply, faster and more cleanly. To date, nanotechnology's impact on the economy and on our daily lives has been enormous....

Potential impacts of electricity price changes on price formation in the economy: a social accounting matrix price modeling analysis for Turkey

International Nuclear Information System (INIS)

Akkemik, K. Ali

2011-01-01

Recent reforms in the Turkish electricity sector since 2001 aim to introduce a tariff system that reflects costs. This is expected to affect the production and consumer prices of electricity. The changes in electricity prices are then reflected in production costs in other segments of the economy. Subsequently, producer and consumer prices will be affected. The potential impact of the changes in electricity prices that the ongoing electricity reforms in Turkey will bring about may have important implications on the price formation in economic activities and the cost of living for households. This paper evaluates the potential impacts of changes in electricity prices from a social accounting matrix (SAM) price modeling perspective. It is found that based on the estimated price multipliers that prices in the energy-producing sectors, mining, and iron and steel manufacturing sectors would be affected more severely than the remaining sectors of the economy. Consumer prices are affected slightly less than producer prices. - Research Highlights: → The impact of electricity generation costs on prices in other sectors is modeled. → A micro-SAM emphasizing electricity supply is constructed using 2002 I-O tables. → Energy, mining, and steel sectors are more responsive to electricity costs. → Living costs are less responsive to electricity cost changes than producer prices.

Risk connected to the demographic factors in managing labour relations in the tertiary sector of the economy

Directory of Open Access Journals (Sweden)

Aaliya Abdoolla

2016-12-01

Full Text Available In today’s fast-paced, competitive and digital work environment, the challenges of work commitments and personal responsibilities confront employers and employees. Employees want flexibility and control over their work obligations and their personal lives. This is imperative as their economic needs depend on the income derived from work performance. Employers need to institute relevant programmes for economic viability and sustainability. The study aims to examine the impact of the demographic variables on work-life balance in a tertiary sector of the economy. The study utilizes a questionnaire that was self-developed which was pilot tested and, the validity and reliability were determined. Significant differences surfaced in the study. The findings of the study shed light on balancing several aspects of employees’ work and family lives. The results culminate in recommendations for management to integrate Employee Assistance Programmes into its structure and policies; provide for on-site day care facilities and; institute flexible working practices to impact positively on employee commitment and motivation, amongst others

Comparison between response dynamics in transition economies and developed economies

Science.gov (United States)

Tenenbaum, Joel; Horvatić, Davor; Bajić, Slavica Cosović; Pehlivanović, Bećo; Podobnik, Boris; Stanley, H. Eugene

2010-10-01

In developed economies, the sign of the price increment influences the volatility in an asymmetric fashion—negative increments tend to result in larger volatility (increments with larger magnitudes), while positive increments result in smaller volatility. We explore whether this asymmetry extends from developed economies to European transition economies and, if so, how such asymmetry changes over time as these transition economies develop and mature. We analyze eleven European transition economies and compare the results with those obtained by analyzing U.S. market indices. Specifically, we calculate parameters that quantify both the volatility asymmetry and the strength of its dependence on prior increments. We find that, like their developed economy counterparts, almost all transition economy indices exhibit a significant volatility asymmetry, and the parameter γ characterizing asymmetry fluctuates more over time for transition economies. We also investigate how the association between volatility and volatility asymmetry varies by type of market. We test the hypothesis of a negative correlation between volatility and volatility asymmetry. We find that, for developed economies, γ experiences local minima during (i) “Black Monday” on October 19, 1987, (ii) the dot-com bubble crash in 2002, and (iii) the 2007-2009 global crisis while for transition economies, γ experiences local maxima during times of economic crisis.

The impact of self-reported health and register-based prescription medicine purchases on re-employment chances

DEFF Research Database (Denmark)

Svane-petersen, Annemette Coop; Dencker-Larsen, Sofie

2016-01-01

In this paper, we investigate the influence of self-reported health and register-based prescription medicine purchases on re-employment chances, and whether these health indicators measure similar aspects of health in this analysis. Data came from a 2006 Danish unemployment survey among a random...... on individual prescription medicine purchases for somatic illnesses and prescription medicine purchases for mental illnesses, information on re-employment and various socio-demographic variables. We conducted binary logistic regression analyses to investigate the impact of self-reported health and prescription...... medicine purchases measured in 2006 on re-employment chances in 2007 and 2008. Our analyses show that unemployed workers with poor self-reported health and workers who had prescription medicine purchases for mental illnesses were less likely to be re-employed in 2007 and 2008. Furthermore, the impact...

Employment Generation in Agricultural Industry | Oyemakinde ...

African Journals Online (AJOL)

When a man considers himself to be very ill, he may distrust just about any prescription. But that is how not to get well. The gravity of the depressed state of the Nigerian economy could trivialize measures for its redemption. However, when properly considered, employment generation in agricultural industry has the ...

Role & Impact of Interest Rate in Jordan’ Economy from Points of View of Banking Managers

Directory of Open Access Journals (Sweden)

REEM SAHER alaraj

2017-05-01

Full Text Available The research aimed at investigating the role, impact and determinants of interest rate in Jordanian economy from view points of banking managers in Jordan. The methodology is descriptive and analytical using mean, standard deviation, t-test and percentages as statistical tools. The study concluded that the role of interest rate in Jordanian monetary policy is restricted by two factors: pegging JD with US$ which limits the effective role of interest rate in Jordanian monetary policy and the dual banking system of traditional and Islamic banks where Islamic banks do not deal with Interest rate. Raising interest rate in Jordan caused higher cost of credit for companies, less competitiveness of exports, less liquidity in the economy, higher profit margin for banks, higher exchange rate of JD and higher inflation. Nevertheless, lowering interest rate in Jordan caused lower cost of borrowing, higher liquidity, better competitiveness of exports and more credit facilities by banks but inflation was much lower. Moreover, the study concluded the determinants of interest rate in Jordan are money supply, demand for money, inflation and economic conditions. In order to have an effective role for interest rate in monetary policy, the researcher recommends pegging JD to a basket of currencies.

Engineering Students: Enhancing Employability Skills through PBL

Science.gov (United States)

H, Othman; Mat Daud K., A.; U, Ewon; Salleh B, Mohd; Omar N., H.; Baser J, Abd; Ismail M., E.; A, Sulaiman

2017-05-01

As a developing country, Malaysia faces challenging tasks to develop her economy just like many other countries. Nowadays, change involves many aspects like the economy from agriculture to manufacturing, technology from modern to more advanced ones; mindset from traditional to advanced and so on. Previous studies show that one of the major issues facing local graduates is the lack of employability skills. This problem concerns not only the government but undergraduates and institutions alike. From the pedagogical aspect, one of the more effective ways to improve this is through instructional delivery and in this case the use of Problem-based Learning (PBL). The need to adopt PBL should involved applied subjects undertaken by engineering students. Studies have shown that the use of PBL has been proven to make learning more attractive and effective. In this research, we studied the effectiveness of PBL towards enhancing employability skills among engineering undergraduates. This study adopted a combination of qualitative and quantitative approaches. Data was collected using documents analysis. Student samples comprised manufacturing engineering undergraduates from public institutions of higher learning in Malaysia. The results show that student’s employability skills can be enhanced using PBL. In addition, students become more competitive towards making them more relevance with the needs of the industry with regard to employability skills. In conclusion, PBL is a very effective catalyst towards raising the employability skills among engineering undergraduates and should be adopted in all engineering education.